What is the purpose of Pinkcoin?
Can somebody send me the invite for the slack channel?
Pm me your email and I'll get you an invite.
The purpose behind PINK is to raise money and awareness for charities. Pinkcoin has been around for awhile now, and has tried and experimented with many different routes. Some more successful then others. The last few months have been focused on trading bots to help generate some revenue for PINK before we begin our next marketing and charity campaign.
Lots in the works and coming up, you will learn a lot more in the slack room.
Can you explain the fees of Brink? It says it takes 20% per profitable trade... If someone takes 20% of every profitable hand of blackjack your return drops horribly, so surely it doesn't work that way or it would not be profitable for the users. How does it determine and segment 'profitable trades' so that fees are only taken from actual profits and not just regularly from all trades?
The 20% fee on our bots, is based off of total profit. Unfortunately we could not find a functional way to refund upon losses, instead we used an algo to make sure that our fees neverare never taken if they exceed 20% of total profit. So in the event of a bad trade / loss, the fee charges will stop being taken on all following profitable trades until you get back to where you were and the fee =< then 20% of actual profit.
Hope that makes more sense.
EDIT: This was more an issue with Penner during the last few months of sideways on BTC. As for Brink, when a user is first getting setup, they may experience a couple losses, but for the most part, Brink is capable (depending on your settings) to maintain a 100% win ratio.