Subject: Re: Company owned xpy
Date: Fri, 23 Jan 2015 12:56:47 -0500
From: Josh Garza <
josh@gaw.com>
To: Jonah Dorman <
jonah@geniusesatwork.com>
CC: Matthew Eden <
mk@btc.com>
I was thinking we could tune it down when the price drops by too large
of a percentage.
*Josh Garza*
*CEO- *GAW Corp
On Fri, Jan 23, 2015 at 12:39 PM, Jonah Dorman <
jonah@geniusesatwork.com <mailto:jonah@geniusesatwork.com>> wrote:
What is our exit point? IE at what price drop do we turn off the
system?
Is the 4K XPY per day variable based on the price of XPY on the
markets?
The current estimated time to have this built and working automated
on Cryptsy and Paybase is Sunday-Monday. A better estimate is not
available until late tonight.
Current Scope
*Automated System
*Sell to as many markets as possible (Cryptsy, PayBase, Other
exchanges)
*Convert reserve XPY to BTC
*Total of 4K XPY per 24 hours
*Send BTC to buttercoin for conversion to fiat
** This may not be possible at this time due to buttercoin asking
for PayBase to become verified
On Fri, Jan 23, 2015 at 12:30 PM, Josh Garza <
josh@gaw.com <mailto:josh@gaw.com>> wrote:
All correct but 4k xpy a day
Sent from my mobile phone
On Jan 23, 2015 12:24 PM, "Jonah Dorman"
<
jonah@geniusesatwork.com <mailto:jonah@geniusesatwork.com>> wrote:
My understanding is that we wish to build and activate a
system which will sell off XPY from our reserves across
various markets throughout the day each day at a total
amount of $4K worth of XPY per day. Then send the BTC to
ButterCoin in exchange for fiat?
Is this correct?
On Fri, Jan 23, 2015 at 12:20 PM, Josh Garza <
josh@gaw.com <mailto:josh@gaw.com>> wrote:
I do not think 4k xpy over all the markets will matter.
We shall see
Sent from my mobile phone
On Jan 23, 2015 12:16 PM, "Jonah Dorman"
<
jonah@geniusesatwork.com <mailto:jonah@geniusesatwork.com>> wrote:
The first day may kill the market. And would not be
until tomorrow.
On Fri, Jan 23, 2015 at 12:16 PM, Jonah Dorman
<
jonah@geniusesatwork.com <mailto:jonah@geniusesatwork.com>> wrote:
For 1-3 days.
It's not sustainable for any mid or long term
period.
On Fri, Jan 23, 2015 at 12:14 PM, Josh Garza
<
josh@gaw.com <mailto:josh@gaw.com>> wrote:
Can we get to 10k?
Sent from my mobile phone
On Jan 23, 2015 12:13 PM, "Jonah Dorman"
<
jonah@geniusesatwork.com <mailto:jonah@geniusesatwork.com>> wrote:
5K ish as a rough calculation.
On Fri, Jan 23, 2015 at 11:58 AM, Josh
Garza <
josh@gaw.com <mailto:josh@gaw.com>> wrote:
We have to start selling today.
How much could we sell in all
markets with messing with the market
per day?
Subject: Automated Trading Bot
Date: Wed, 11 Feb 2015 09:57:20 -0600
From: Matthew Eden <
mk@btc.com>
To: Jonah Dorman <
jonah@geniusesatwork.com>, Josh Garza <
josh@gaw.com>
As requested,
The bot was enabled for Cryptsy yesterday afternoon. It's been posting
sell orders at random intervals between 25-35 minutes apart (for random
amounts between 125-175 per sell order).
Below is an image of the Cryptsy market graph for the last 24 hours.
The downward trend on the graph starts shortly after the bot was first
enabled. At the time of the first sell order the price of XPY was
approximately 0.005. The current price is 0.00459.
Probably just a coincidence, but I thought I'd bring it to your attention.
Subject: Re: Selling company xpy
Date: Sat, 24 Jan 2015 14:05:51 -0500
From: Josh Garza <
josh@gaw.com>
To: Jonah Dorman <
jonah@geniusesatwork.com>
Makes sense, please be sure we are selling today.
Sent from my mobile phone
On Jan 24, 2015 12:21 PM, "Jonah Dorman" <
jonah@geniusesatwork.com <mailto:jonah@geniusesatwork.com>> wrote:
Manually selling every 15 minutes is not possible.
Large orders will gather community attention.
We can send several orders today and tomorrow. If I can get access
to the wallets.
I'll see what I can do.
Our scoping of this was delayed yesterday by Evan quitting. I
talked to him and he is staying. It took some time. His reasons
were about the same as Joe and Eric so I explained everything to him.
On Sat, Jan 24, 2015 at 10:54 AM, Josh Garza <
josh@gaw.com <mailto:josh@gaw.com>> wrote:
i am not sure I saw something on when that system would be done?
In the mean time, we need to be manually doing it. Can you make
sure they happens?
--
*Josh Garza*
*CEO- *GAW Corp