Quote from: GingerAle on April 08, 2015, 11:02:10 PM

Heya monero speculators! Onemorexmr, fluffypony and I put together something that will make it easier for everyone to buy monero!!

(yes, its still buying with bitcoin)

BuyMonero.net

With BuyMonero.net, you get your own bot that will place a daily buy order for an amount of XMR that you specify. If no one sells to the bot in 24 hours, your bot will make a second buy order that is sure to be filled. There is a small fee for the service - currently 1% (so 1 XMR lets you buy 100 XMR on the exchange).

We made BuyMonero.net for a couple of reasons. My primary motivation was so that I wouldn't have to always login to poloniex and follow the markets to try and get a good deal on monero. The second motivation was to allow accumulators a way to buy a lot of Monero with minimal effort.

If you're interested, please checkout the website. The following forum threads are also available for general discussion and tech support.

https://forum.getmonero.org/2/economics-and-trading/258/buymonero-net-btc-cost-averaging

https://bitcointalk.org/index.php?topic=1017131

As this is the speculation thread, I assume you all will want some hard numbers - unfortunately, we decided that to avoid exploitation of the bot that we would not publish them. And to keep this on topic - how do you think a service like this will affect the market?

This is a great idea. One thing I must mention for cost averaging to work correctly one needs to specify a fixed amount of XBT per day not a fixed amount of XMR per day, if one is purchasing XMR with XBT.