Quote from: Casimir1904 on November 20, 2013, 12:01:35 PM

Quote from: madpoet on November 20, 2013, 11:45:24 AM

It is designed to make a profit in fiat currency, not in btc.

ok then i must be to stupid to understand it?

43 btc * actual rate = always more then 22 * actual rate?
Bot says it "made" 12k
When another person bought 2y ago 43 btc and didnt trade he would have 20k+...
I don't see where it is making Profit then when it is losing money.. its just making profit when btc goes higher but with less then just holding the btc...

maybe my math is to bad to understand it correct but in no way i see making it profit in usd or btc...

You can increase your BTC holding, you just have to know how to set up the bot and what to expect from normal market activity.

If you had 20k at 130 USD, then at 900 USD you should have made (in fiat) about 70k to 90k (with this bot). When it comes back down to roughly about the same level as you started, your bot will then buy BTC and increase your future earnings as it swings up again. Of course this may take months and a very volatile market. The next time (assuming the same level of volatility) you should have alot more BTC than you started with. With each long term increase and decrease you should be holding more USD and BTC. If it only goes in one direction then you'd be losing BTC over the long term.

Though honestly, if you are looking for short term gains you'd have to look at a BOT that can look at different kinds of indicators and more than 4 thresholds. Hopefully B-Bot development goes down the same path as Haasonline.

(Disclaimer: EMA is probably not the most efficient route to compare to a buy and hold strategy, it is considered a "lagging indicator".)