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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
Stingery64
on 24/11/2013, 13:35:53 UTC
I get that some people prefer to accumulate BTC over USD.  That said, I don't understand why those people keep harping in this thread.  Some of us prefer to make USD.  We're happy.

more btcs  = more dollars.

but to make dollars is just a fact of hold bitcoins, the bot is losing the btc's at lot of trades to cut of loses, it just don't profit the drops to win money, bot only follow the trend, it really needs rules to trigger buys when its posssible win money.

Sell High, buy low

bot just sell high, and buy high most of the time, that means lose money
unless the difference is so high it takes a tiny profit and thanks to the fact bitcoin price rises, then the profit looks huge, when its very very low in fact.


i think this bot could be one of the best on the market, and the price is reasonable, it just need a simple but strong tweak to work,