Quote from: villabacho on April 09, 2015, 12:02:58 PM

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!!

[...]

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?

Cool, thanks, I'll try it!

I understand that you don't want to publish too specific details on the bot's strategy, but it would be nice if you could publish some numbers on how much it is used (e.g. how many XMR the bot bought per week or so summed over all users)

Quote

Instead, you can program the bot to buy a certain amount of XMR per day. Over the course of weeks or months, you will (theoretically) obtain your Monero at a lower cost than if you were to place large buy orders. This is known as the (cost average effect)[http://en.wikipedia.org/wiki/Dollar_cost_averaging].