Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
itod
on 22/11/2013, 00:38:34 UTC
Increasing your usd would make sense when btc in the longterm will decrease but btc in longterm only increase, so lowering you btc volume and increasing your usd volume is alsways losing value.
  ^
This

If you don't understand this, you are hurting yourself financially in the long term.


So it appears there's no value in this bot then?

I absolutely didn't say that. What I've asked is to see some profitability stats, but it's treated as super-secret data instead to be analyzed by the community. No need to see the exact amounts how many someone traded, normalize it to units (BTC/US$). For example, if you started with 2.4 BTC, divide start/end figures with 2.4 and let's see how much is gained for 1 BTC. Than we will see if there is a value to this bot or not. Maybe some trading strategies produced gains in BTC.