Did you have a testing? If so, what was the ROI?
RE: LiqBot 0.1 (alpha) | The open-source liquidity bot!
You are viewing a single comment's thread from:
LiqBot 0.1 (alpha) | The open-source liquidity bot!
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Copy pasted from the bitsharestalk.org post:
The most active market at the moment seems to be the OPEN.BTC : OPEN.DGD market. I could setup a bot on that market to gather some data.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As OPEN.BTC and OPEN.DGD are not smartcoins and the bot currently depends on the feed price, I can't set up a bot like that at the moment. I"ll try to figure out a way to generate a reliable price, but as you can see here: https://coinmarketcap.com/assets/digixdao/#markets it greatly depends on the market etc. The biggest market with a feed price looks to be the CNY : BTS market at the moment, so I could try that.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good question. If it manages to make any profit, it would be awesome for the liquidity...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For "dead" markets you won't make a profit. But if you have users for a market that has no (or not enough) liquidity then you can make money.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've had two bots both on EUR and GOLD for about 2 days with different spreads. Both are currently at a combined loss of 4% in BTS. One bot has a 3% spread / 90% uptime and the other has 3.2%/100%. The one with the bigger spread makes a bigger loss. This is just 2 days and it's a bear market for BTS. Long on BTS in a bear market doesn't seem to generate lots of profit.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The loss in BTS has to do with the price movement and not with the bot, right?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I just looked at the bitshares home-interface TOTAL VALUE column. I gave the bots 70k and 60k, and the total value shows me 66,788 BTS and 58,282 BTS. I don't know how debt positions etc are calculated into the value, but if it's relevant, then I am at a small loss.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I downvoted this post accidentally -.-
The total value can go up and down depending on price swings of the assets your bot account has. The loss probably stems from that.
I see no trades on http://cryptofresh.com/u/liquidity-bot-msp2
and 3 trades on http://cryptofresh.com/u/liquidity-bot-msp (probably when the bot went down, the price moved and the bot wasn't online to adjust the price of the orders)
That is basically the problem, not enough is happening on these markets to assess bot performance at the moment. I will run a test on the CNY:BTS market soon, but I have my doubts about that market having enough volume.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No problem, I got over it...
GOLD and EUR have gone up in BTS, so I should have made some profit. I guess you're right that the reason is price swings while being offline.
I hope to help the "nothing happening in the markets" problem by providing the little liquidity I can. So thanks for the bot.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit