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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
Casimir1904
on 20/11/2013, 12:01:35 UTC
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...