how will you fold ionectar technology into crypto world?
and how will you keep the price stable in case of huge demand for x8c?
Technology developed by IoNectar will be implemented into the crypto world through the stable X8C token, which will consist from 8 different fiat currencies and gold coins. All X8C tokens will be fully (100%) backed at any time. Unlike other "stable" coins the value of X8C will not be pegged to the mentioned basket, as the basket will be active and managed by our Automatic Reserves Management trading AI system (ARM AI). The ARM AI was in development for over 10 years and has a proven track record, as shown in the graph bellow:
The purpose of X8C is providing maximum stability and liquidity to the market. Thus, there are certain automatic procedures in place for cases when the market price of X8C exceeds its intrinsic value for 1% or more, like providing additional stability.
Your project is interesting but it lacks transparency. You say the ARM AI is tested since 10 years but you only provide a chart with 1.5 year history. Since fiat and gold timeseries price data are available at tick level, you may have a backtest of your strategy over longer period.
Last, ARM AI automaticaly allocates the capital to the 8 assets, but it comes at a price: fees, spread and commission. Maybe you could a little bit more how this ARM AI takes it's decisions to remains positive over time ? the basic of the strategy, without revealing the algo core and design. Thanks!
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BoardLe Bitcoin et la loi
Re: En bref, quel est le montant dû aux impôts en cas de vente de bitcoins ?
by
Damariis
on 28/08/2017, 09:47:59 UTC
Si tu as fait un plus-value, oui. Dans tous les cas ils doivent être déclarés.
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BoardBahasa Indonesia (Indonesian)
Kraken and Bitfinex in Indonesia ?
by
Damariis
on 27/08/2017, 10:01:21 UTC
Thanks!
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BoardService Announcements (Altcoins)
Re: [ANN] Cryptoportfolio.io Build diversified and more profitable portfolio
Can you post a simplified explanation? How do we use it. what are the steps.
There is a FAQ on the webpage that will probably answer your questions The idea is that if you believe this strategy is good and you want to follow one of the portfolios then you'll need to replicate the open positions with your own account.
The signal is in the middle of the night in Europe. Are prices still relevant the morning after ? Any chance to have a signal earlier, before bed, or later in morning ? Did you backtest with -6 or +6h orders ? Thanks
Hi, I didn't backtest with -6 or +6h and have no idea how relevant the signal is the morning after. Recently I've customized the script so it can generate a pre-update of the portfolio based on market data few hours before Monday 00:00 UTC. The idea is that pre-update gives an insight of what the update of Monday 00:15 UTC look like, but it's subject to changes.
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Topic
BoardService Announcements (Altcoins)
Re: [ANN] Cryptoportfolio.io Build diversified and more profitable portfolio
Can you post a simplified explanation? How do we use it. what are the steps.
There is a FAQ on the webpage that will probably answer your questions The idea is that if you believe this strategy is good and you want to follow one of the portfolios then you'll need to replicate the open positions with your own account.
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Topic
BoardService Announcements (Altcoins)
Re: [ANN] Cryptoportfolio.io Build diversified and more profitable portfolio
Very nice work! Is there a reason you chose a weekly time-frame over another?
Thanks,
Initially I tested with dailly reballancing but it costed too much in market fees. Also dailly trend is more volatile and is not that reliable.
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BoardService Announcements (Altcoins)
[ANN] Cryptoportfolio.io, Build Diversified and More Profitable Portfolio 🌟🌟🌟
by
Damariis
on 19/07/2017, 05:57:42 UTC
Dear fellow investors,
I created a website that gives buy and sell signals on various cryptocurrencies to help compose a well diversified portfolio that periodically adapts to recent changes in market developpment.
The algorithm automatically recomposes the portfolio every Monday at 00:15 am UTC to adapt to the new dynamic of the cryptocurrencies market.
Each selected digital asset remains in the portfolio for seven consecutive days.
For some assets the position may be short to speculate on a fall in price during a bear market (at this time for example the portfolio n ° 1 is short for about 75%).
All positions are open against Bitcoin - note that the table in "Portfolio Structure" shows returns in U.S. dollar.
The strategy used is a mix of trend following and Harry Markowitz's portfolio theory.
Only Poloniex tokens are taken into account at the moment but Bittrex markets will be added soon.
To summarize, the algorithm establishes a quality score for each cryptocurrency, based on its recent performance, on its volatility and its correlation with a set of previously selected cryptocurrencies. I don't plan to disclose publicly the algo, I'm sure you'll understand.
The graph includes a backtest period from January 2015 to December 2016 and since the algorithm uses the market data in real time.
Return of a single position is converted in U.S. dollar in the table of portfolio structure.
To replicate a position, you must enter limit orders at the Monday opening price. There is therefore a 15-minute lag between the time the data is available (00:15 am) and the limit buy or sale price (00:00 am). It's the script execution time on a tiny Raspberry.
For the moment it works with the data of Poloniex but I plan to add other market places to take into account the most recent cryptocurrencies from the ICO fever.