What was your strategy to be able to get 144 trades correct consecutively?
After some time I realised that the LTC/BTC exchange rate is quite constant. Probably due to some automatic arbitrage going on like USD -> BTC -> LTC -> USD. The conclusion is that the LTC exchange rate must follow the BTC trend very quickly. This knowladge combined with the sudden down fall of BTC last week made it for me. But as I mentioned before. This strategy did not work out after all. And it was not more than about 10 wins in a row. Wich might be just plain luck.
Dear sir
"combined with the sudden down fall of BTC"
It all sounds nice and interesting but the only hole in your explaonation is that you only bet for LTC/USD to go up not DOWN ( which was the actual trend at the time you said yourself ), every bet you made was for LTC/USD TO GO UP.
And then you decided to submit some bets WITHOUT TX fees
a543ae66ad69b64148cb756bf5faf383a97c0aab9fa2a07bcac96e1218d95210
4758396d6d8858f7dc67dc3b84148e993e40422d84610860881d673f1c4aea52
ab482b6d34e4cb1c01842e3381d4d33873e40ba577276c60c032b9e7339f1641
5acd516db3b1eddb99ff08c2955fa1d9cc38511616cb6ce969d58a7e5d8a8e23
190d48e138d3605db87d9e075793b53984a7c7b10325d199e7393de9685e7c65
f544a413eda20ecc9327a162b2fca3d220182631e83dca6a5439b76163728a95
97d91467e7423de47430069b832ee3acf9bbe7d3821009532ff46ae782181bfd
Please note we paid out on all of those feeless bets with no questions, so now we have around 0.1 with no confirmations because of you.
Also why after noticing that the service is not behaving the right way you still continued betting, you probably should've stopped.
Look what happened is simple - you tried to control the price by making erroneous trades on Bitfinnex ( which is actually against our fair play policy ) it worked for a little bit, but markets are fair eventually traders took advantage of your buying spree shorted your orders and you LOST plain and simple - take it like a man! No Refund for you!
The only lesson here is OUR INDEX AS FAIR AS IT CAN BE and CAN NOT be cheated!
THAT SAID IF ANYBODY ELSE CAN CLONE THE BEHAVIOUR OF THE SERVICE THAT THIS GUY IS TALKING ABOUT I WILL REFUND THOSE BETS!
We will be showing each trade that went into the index real soon so there is no BS like this anymore.
WE ARE COMMITED TO OUR FAIR PLAY POLICY AND WE PAY OUT EACH AND EVERY TIME!
What is acceptable under Fair Play policy?
Making a trade before or exactly at the start time of the bet - HEDGING YOUR POSITION!
What is not acceptable?
Making erroneous trades during the time of the bet. Any trades that UpDownBot considers erroneous will be omitted from the index and the bet will be voided.