Never use FRR, it takes forever to actually lend out anything. They do lend the oldest orders first, and expect durring very high volume it can take a week or more to work through the FRR order wall. Always go for a bot that just undercuts FRR so you're coin actually gets lent out.  There are several available if you look (I just happen to be the author of a free open source one, check my sig).

Ahh, yeah that would make sense.  Never considered the funding wallet would have a coin in it that can't be lent.  I'll try to trap for that better in a future build, but for now, just transferring those coins to another wallet will fix it.

The problem is bitfinex isn't allowing Margin Funding for BitcoinGold yet, only exchange trading.  You can always check the "Funding" dropdown menu for available coins to lend on margin.

Nothing to be concerned about.  When I added back in Crypto Pairs, I check against a variable that doesn't always have all the possible pairs in an array.  In the next build I will update the check so that it makes sure the pair exists, and if it doesn't it'll fail silently (as it should do now) so that nothing gets logged.  Other than making your logs a bit longer than they should be though, this won't effect the bot at all as it is.

One other thing, this is just a Notice, so it shouldn't prevent the script from continuing to run.  It actually should be suppressed from hitting the logs, but you probably have error reporting set pretty high in your php configuration.  Still shouldn't cause any issues, its just going to write a lot of notices to the logs.

( I will tweak that line in future builds so that it won't throw a notice even on high error settings. )

Hmm.. this is making me think your sql server doesn't have enough space for queries to run correctly.  I can't imagine marginbot making any queries that would cause this though, all the marginbot tables are relatively tiny.   Are you running something else on this server that does a lot of work on your MySQL server?

Hmm...  I'm definitely at a bit of a loss here.  I don't use the column 'currency' anywhere.   Are you installing over a build of the deponzit fork?  I know he used a 'currency' row, and leaving any code from that fork in the folder when you install the base MarginBot would definitely break things.  He made changes to the core database layout that would not be compatible.

Bitcoin margin lending rates have always been MUCH lower than USD.  All crypto for that matter has much lower rates. I was in a fairly long discussion about crypto vs USD lending several years ago, in which I advocated always converting crypto to USD to lend ( https://bitcointalk.org/index.php?topic=229438.msg9739115#msg9739115 ), but with prices where they are right now, turns out depending on when you got your BTC, I may have been wrong in my analysis ( honestly didn't see $4k bitcoin coming this quickly.... ).  That said, I still believe it is much safer and a far more reliable investment to lend USD.  Lending USD gives MUCH higher returns than crypto, and its fairly reliable, daily income.

But, I also do have some coin that I hold, just in case.  And I know a lot of other people do as well.  And having that coin sitting there doing nothing doesn't really make sense to me, so I added back in crypto lending.  Getting 0.01% daily returns on those coins is better than nothing, and the bot can still focus on my USD returns, where my real income is.

So, I finally got in touch with an admin here and was able to get the original account back!   Looks like I'll be posting from this account again, and this will allow me to update the original post when things get updated around here.  I'm going to post all the latest updates to that original message now.

Just a quick update for everyone:

If you are having issues with MarginBot updating your daily returns, its because of change bitfinex made to their API a while ago.  Just change the following and it should start working again:

/inc/ExchangeAPIs/bitfinex.php
LINE 148:
if($l['description'] == 'Swap Payment on wallet deposit'){

change to:
if(strtolower($l['description']) == strtolower('Swap Payment on wallet deposit') || strtolower($l['description'])==strtolower('Margin Funding Payment on wallet Deposit') ){

Should start updating your daily returns again.

I imagine the free webhost was probably running an older version of PHP that was causing the errors.  I generally don't worry about writing code to support anything before 5.3 anymore because of security issues with older versions.  I know I've helped a couple of people set up accounts on Godaddy that work fine.  Not my favorite host in the world, but I can confirm they do work.

As for updating my version of the bot, I may do it at some point in the future, but I don't have any time right now unfortunately.  If you're interested in lending BTC/LTC, I'd just use deponzits version at this point.  If I make any future updates to my version, I'll probably try to merge his updates back into mine, or somehow work to make them compatible.

Wow, I go away a couple weeks and my old bot goes crazy... 

Anyways, thanks deponzit for all the updates and tweaks.  A lot of these things are stuff I had been planning to work on, and in fact have in my private install, but never got around to rolling back into the core code.

I took a look at all the diffs in your branch and can vouch for anyone curious, he's not doing anything malicious, so his code is certainly safe to use.

I will mention, running on older versions of PHP is a BAD idea.  There are numerous reasons this is so, but for simplicity sake lets just say if you are running code that manages actual finances on anything older than PHP 5.3, just.... don't.  Upgrade... its easy, and its worth it.

I would also mention that I actually originally had BTC and LTC working in marginbot, but I removed them a while ago, when doing an update.  The reasons are described better in a discussion earlier in this post ( as well as here: https://bitcointalk.org/index.php?topic=229438.msg9739115#msg9739115 ), but basically, it wasn't worth my time to build the UI because the return rates on BTC /LTC are so terribly low in general that you would do better to cash them out and put the money in a low interest savings account.  The only reasonable way to lend on bitfinex is in USD (unless you really still believe BTC To the moon!!1 ┗(°0°)┛ o    ) .  Of course with USD rates dipping below .02, I guess the argument could be made there now too....

I just checked my accounts.  1 account recieved payment, but the number seems way to low (25% lower than I would expect), and the other accounts did not get a swap payment at all.  Good to know they are aware of the problem, hopefully they will reveiw the last several days to make sure all payments have been made accurately.  Looking at all of my own tracking, it appears at first glance that the 26th - 28th had weird results for me.

Thanks, following up with them now.

nonce to small means you aren't passing a good nonce id to your API key.  It needs to be a unique always incrementing number passed with every query.  I use the microtime in Marginbot.

Sorry for my long absence in this thread.  I was working on some other projects over the last couple months, and haven't had much time to spend on bitcoin projects.  I'm going to be checking in a bit more though, and answering any questions about MarginBot anybody has, so feel free to ask away again.

Does anyone know who's handling PR / Relations for bitfinex right now.  I need to talk to someone about a project I'm working on, and all the people I know seem to be a bit MIA (mrj, urwhatuknow/Giancarlo, etc...)  I'm at a bit of a loss for who to talk to these days, and I hate just sending emails to the void of support@ without some idea who I'm connecting with....

The fact that people still hold on to the hope that bitcoin is going "To TEH MOON!!!!!1!!1" and lend BTC instead of switching it to USD and making much better returns confuses me....

Sounds like you may be changing your config to be unreadable.  Make sure to set it to something your webserver can read, but not write too.  Using chmod 0644 *should* work, unless your server has some strange custom settings.

I use an open source money formatter script that causes this.  I'll look into making it optional.


This wouldn't effect the fragmentation significantly to be honest, since most small amounts will all get taken as one loan, and returned at the same time to go back into the loan queue.  Besides, fragmentation is a good thing.  it keeps loans always coming due, which keeps money always going back out on loan, which is how this bot manages to always take advantage of suddent rate spikes. I've generally got anywhere between 200 - 400 loans out on my account, which means I'm always able to catch even 5 or 10 minute long spikes with at least a little loan.