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Showing 20 of 230 results by seanrarey
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Board Services
Override Global Settings Issue
by
seanrarey
on 09/02/2014, 18:34:59 UTC
I am having an issue where the Override Global Settings do not seem to completely do that.

If I set my main trade engine to a threshold of .35 with a 6hr interval, and override BTCe with .08 and a 30 minute interval, it is not working correctly.  The interval overrides, but not the threshold... BTCe is trading at .35 instead of the .08 I have the override set to.  Is anyone else seeing this or found a fix?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 18/01/2014, 03:34:51 UTC
I think Knc needs to release an official statement with some good news to calm the masses, or else they will get hit with a lot of Neptune refund requests.

I think vague statements from Bitcoinorama simply stirred up the hornets nest and did more harm than good.

Well I say if people are that worried about their Neptune having bad ROI when KnC finally ships them and want to request a refund, go for it! I will wait thanks, if people have done their home work they would know that Knc is pretty good at watching the ROI themselves and wouldn't sell you a box that you never make your investment back on.

I recommend to those who are thinking about asking for a refund to let go of their monkey minds and let things take their course. There is always going to be people who easily panic over the silliest things, but that doesn't mean you need to as well.


come on, let them refund... more for us!  Cheesy
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 12/01/2014, 00:29:38 UTC
Hello,
 
  I have kinda been looking into trying this, but I was wondering.... I see that you can set reserves for held BTC and USD what I would like to know is if that can be set as a percentage? IE can I do 30% instead of $500?

no
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 10/01/2014, 03:11:04 UTC
What GPU pulls 350W?

I run 7970/280X decently overclocked. They each pull 340-360 on a good day. More if you want to really squash your balls on the wall, I've had them pull 380 before.

KNC board uses 3x 12V circuits to carry up to 15A of current.

A GPU uses 6x 12V circuits to carry up to 23A of current.

Which one looks more to you?

Yes, I understand 3x5a=15a and 6x3.8a=23a.

Are you aware that the PCI-E slot provides 75W of the total power?
Are you using powered PCI-E risers?

When you answer these questions you will understand that each 12V circuit on the GPU cabling uses less that the KNC board Wink

Yeah I'm aware of PCB design, and how the PCIx platform provides power. No, I don't use powered risers, all of the juice flows through the PCIE connectors, which means they flow more current than a normal setup.

You also should follow the conversation, specifically my ignored my question regarding pushing the KNC clock beyond stock to cause the wires to reach danger levels. Most 18AWG has a 4x-6x safety rating built in (depending on purity, oxygen content and sleeving)--even at 10amps they should be safe bundled together. Bundled @ 5amps (KNC design) they shouldn't be a danger.

KNC isn't loopy, which is why they knew they could use 18AWG for the boards.

This is why I proposed some airflow across them for anyone concerned about temps, and that they shouldn't be reaching such high temps anyhow unless something is wrong. Again, mine don't get near that, another reason I was asking about overclock.

Edit: My modules are running 145-155gh, the cable temps are 36.9C, the room is 26.7C. I have no form of cooling on the cables.

The bottom line is no GPU card can pull as much current per cable as a KNC board does.


I run banks of 7970 GPUs pulling up to 450w _EACH_... yeah, it adds up.

I highly doubt that. I have a 7970 myself, so can speak from experience. I've ran benchmarks @ 1340Mhz / 7600Mhz and 1.33V core which is a lot.

Wow.

Mr Cypher, any experienced GPU miner will tell you that a tacked 7970 will pull more then 400watts.  I tend to a substantial GPU farm on an hourly basis (it now mines LTC). 


... so you are simply wrong.  move on.
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 10/01/2014, 03:03:15 UTC
When you buy a new car, you get a quick test drive for a couple of hours or sometimes you're able to keep the car overnight. Sure you could do a few errands in the new car while you were test driving it, but that's not the point, it's not intended to be a means of transportation during the test drive, it's meant to be long enough to make up your mind on whether it's going to work for you and your family.

You're spending thousands of dollars on a car and you get a few hours or overnight; you're spending a hundred or so dollars on Butter Bot and you get to trial it for a week - that is more than generous.

So how about you make up your mind by reading the extensive threads on the subject and stop wasting everyone's time by sounding like a poor man begging for a month's free trial?

 Angry

+1  Grin

+2
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 09/01/2014, 23:20:58 UTC

I have GPUs pulling 350-360watts (29-30amps). I wasn't under the impression that the KNC modules were pulling that. I could be mistaken.

You surely must be mistaken:

What GPU pulls 350W?
How many cables are you using per GPU?
Are you aware that the PCI-E slot provides 75W of the total power?
Are you using powered PCI-E risers?

When you answer these questions you will understand that each 12V circuit on the GPU cabling uses less that the KNC board Wink

I run banks of 7970 GPUs pulling up to 450w _EACH_... yeah, it adds up.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 09/01/2014, 21:01:31 UTC
From what I understand, 51%'ing a network does no harm unless the pool operator has bad intentions.

Are you really wiling to bet the value of of your (and mine and everyone else's) bitcoins to the intention of any single anonymous pool op ?

It doesn't make sense why they would.  They are hurting their own cash cow too otherwise.


we should never put too much trust on one individual, Satoshi nakomoto designed the Bitcoin protocol so the trust is distributed among all miners and not one single pool/organization/individual, what is happening is a potential risk no matter how trustworthy the operator is....

otherwise I would not count on Ghash.IO because they are not trustworthy, what miners are not aware of is that this same pool tried to double spend few months ago when they had only 23% of the network hashpower and there is nothing stopping them from doing it again, especially now when they control this amount of power. for reference  https://bitcointalk.org/index.php?topic=327767.0

please explain to me, why they have 0% fee ? what is the point ?  now that they are being a big risk why didnt they do something about it ? the only effort they did is to release a statement that once they reach 51% that they will give the chance for people buying power there to point their miners to other pools but then it will be too late....


it seems that all effort we are doing doesn't count for anything, and it seems that miners doesn't give a flying fuck about the network security, and it seems that each time we talk about this risk is like we do them a free advertisement because their hash rate keep growing ever since.

you miners are the only ones that can change this, so please start acting responsibly.



+1
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 01/01/2014, 02:28:54 UTC
Dear KNC, if you read this,
Happy New Year!!!
You set a new standard and I am eternally grateful for all your hard work, your integrity and work ethics. Do not mind some people complaining, there will always be some. Majority of the customers, like myself can see the nobility of your company, following the legacy of brave Vikings. May your success continue in the new year!

Yours faithfully,
monsieur

+1
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 25/12/2013, 19:34:18 UTC

November Jupiters have been hashing at ~700GH/s



consistently?

links please.


My Jupiter was consistently doing 679 GH/s and I've seen similar rigs being sold on eBay, so the "circa 700" seems credible. I did also see a lot of 650 and 660 GH/s so of course not all of them got close to 700.

Nov Jups here all fell in between 670 & 700.  Only thing I have done to them is point them at the blockchain.  Most trouble-free hashing of any system I have ever used.

Thank you KnC for taking the voodoo out of mining.

Smiley
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 18/12/2013, 02:56:35 UTC
Does anyone actually have their bot running atm? If so how's it doing? Mine sold at $859 and i turned it off once the tumble began. I'm scared to turn it back on. Anyone care to share some wisdom? settings? i'm living vicariously through bitcoinwisdom with my bot's EMA settings: 7/15 so far it seems like it would've been ok.

If you would have left it on, you would have benefited from this tumble.  Smiley
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 14/12/2013, 04:31:51 UTC
Currently using following settings on MtGox:

Short EMA: 10
Long EMA: 21
Frequency: 30 minutes
Buy Thresholds: 0/0.25
Sell Thresholds: 0/0.25
Tick Offset: Anything

I always seem to make a small loss here... any idea what I might be doing wrong?

I have generally found the volatility at MtGox to cause issues with intervals less than 1 hour.  Most of the time I run it at 2 hours, and FYI I use a 9/17 EMA split instead of a 10/21 in order to make the trend lines a bit more sensitive at that interval.  I've seen some others use a 7/15, but I haven't really tried that.

Also, as Pablo points out:  using EMA trading, about 70% of your trades will be small losses.  It's the 30% of large-gain trades that will compensate you in the long term -- and EMA trading is a long-term strategy. 

There are ways to minimize the small losses if you're thoughtful, keep on top of the market data, and adjust your settings once in a while.  For the last two days or so, for example, the MtGox market has been VERY sideways (the EMA diffs and price fluctuations are small, and the trendlines *slightly* cross over and over again; also, the trading volumes are low).  At times like this, I generally like to pause the bot and hold on to my Bitcoin; when the volumes pick up again (likely Sunday night, when China starts a new week), I will unpause it and let the bot take over.  Another option would be to temporarily increase the buy/sell thresholds to keep the bot from trading. 



Wouldn't pausing the bot be like restarting it? This way it is like starting from 0 all over again?




No, it is not.  It does exactly what it says; pauses.

I also use this feature, in fact, am "paused" now as well.  The important thing to remember is to "unpause" only when the bot is in the same status as when you paused; i.e. green if you are in, red if you are out.  The exception is when you actually want to trigger the instant trade that will result from un-pausing the bot in an opposing position.
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 11/12/2013, 17:07:54 UTC
Currently my bot shows "Invalid Symbol" instead of a graph when I click on BTC-e.  Is anyone else having this issue?

Logged into the forum for this very reason; to see if anyone else is seeing this.  Guess it is not just me.

Smiley
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 04/12/2013, 18:40:18 UTC
All November units arrived in a reasonable time and function as (or above) advertised.  Just like batch one.

Five stars KnC, really good stuff.

 Huh they still assembling and hopefully deliver until end of this week the Nov batch! toxic coffee in the morning?

nooooooo... I don't know if all the Nov units are out, but I think most of them must be.  My nov units were order #92xx, got them Friday (USA).
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 04/12/2013, 18:34:54 UTC
All November units arrived in a reasonable time and function as (or above) advertised.  Just like batch one.

Five stars KnC, really good stuff.

this is sarcasm, right??

No.  I am used to building, programming, tinkering, rebooting crashed miners on a regular basis... these things are boring.  You plug them in, point them, and they mine.  They made a mining-for-idiots machine that just works.

I am now running 2 generations of these things, and there is simply nothing to do to them.  KnC is building a remarkable machine.

The November machines have been online now for a few days.  They are significantly more powerful.  Impressive gains in a short amount of time.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 04/12/2013, 05:43:45 UTC
All November units arrived in a reasonable time and function as (or above) advertised.  Just like batch one.

Five stars KnC, really good stuff.
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 24/11/2013, 04:48:06 UTC
i find the bot algorithm can be much more improved, the focus is into get bitcoins, not FIAT, we must asume the bitcoin pirce will always go up in the long term.

so

there must be an option called " % drop "
so you can put there for example: "10%"

and when EMA lines configuration trigger a sell,  then the bot will buy again when one of the next events its done:

1º if EMA lines crosses back then buy to cut losses.
2º if 10% price drop is achieved then sell all, don't be greedy waiting EMA linea crosses back because you might end up loosing bitcoins


also can be improved further just buy putting a second "% drop"

1º - 10%
2º - 20%


this way, in the first non greddy event that the market price drops a 10% you buy with 90% of your money
and if EMA lines are not crossing back, then you still have a 10% of cash to buy back more bitcoins in case it drops further.

if it dont drop further, then EMA lines will cross back and that 10% will be used to buy back at the current price waiting a new drop trend

the market price must be monitorized in real time, end EMA events in a period of time...

Let me know when your bot is ready for testing, I will buy it.

Smiley
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 24/11/2013, 01:18:28 UTC
Lost 10%+ of my funds in one day. uninstall thanks for the $500 loss.

Using recommended settings.

Butterbot buy btc at price x. btc prices drops $180, Butterbot sells at $150+ loss per BTC. Butterbot buys back at high price just below my initial purchase price. 10%+ loss. Better just leaving your BTC as BTC.

Closer to 20% loss.



What we are seeing is extreme movement in the market.

Anybody trading in the market should understand the market, understand EMA and how it works, and make informed decisions on strategy.

Butter is the best bot I have found to assist me in my trading.  However, "magic" does not exist in trading, and one still needs to be informed and responsible for their trading.  Depending on what your research leads you to believe (nothing but up? Bubble?), you may or may not want to pause the bot in certain market conditions.

In the end, these are traders decisions, and as you become better at it you will make the correct calls more often.

Smiley

This is a fundamental problem that needs to be addressed. I use another bot that is far superior and gives you the options. This has very little to control your losses in a high volume market.

There are countless trading strategies, and many have proven successful over the years.  Anybody that claims to have "the one" or the "only" is conning you.  I have purchased/tried every bot I have ever been able to find, and enjoy testing them.

This bot fits best (so far) with the strategies I use.  It may not for yours.  I would of course recommend using the bot that best fits your strategies.

I do find one thing strange.  I am not a member of and do not post in forums for the bots that I found to be less useful.  Why would I?  I spend my time in the forums and areas that have brought me the most profit.  There are those that have been posting recently that could be classified as "detractors".  I mostly ignore them, because I am not sure of their purpose.  They say things that are either uninformed or intentionally misleading, and I am not sure why.  I suppose we can all draw our own conclusions.

Smiley
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 24/11/2013, 00:58:23 UTC
Lost 10%+ of my funds in one day. uninstall thanks for the $500 loss.

Using recommended settings.

Butterbot buy btc at price x. btc prices drops $180, Butterbot sells at $150+ loss per BTC. Butterbot buys back at high price just below my initial purchase price. 10%+ loss. Better just leaving your BTC as BTC.

Closer to 20% loss.



Their was no need to test the "recommed" settings read my postings in this thread where i pointed that out already that btc-usd trading with ema is a slow sell off of bitcoins and as bitcoins keep increasing it shows usd profit but only because btc price get higher not from good trades.

But seems the developer isn't reading frequently here.

You keep trying to convince people of this, but it is actually not true.  Whereas any trading involves a mix of loss and gain, if I were farther ahead in the buy-n-hold portion of my investment, I would not be trading.  In fact, the opposite is true, so I continue to maintain 2/3 of my investment in the trade accounts.

Smiley
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 24/11/2013, 00:52:56 UTC
Lost 10%+ of my funds in one day. uninstall thanks for the $500 loss.

Using recommended settings.

Butterbot buy btc at price x. btc prices drops $180, Butterbot sells at $150+ loss per BTC. Butterbot buys back at high price just below my initial purchase price. 10%+ loss. Better just leaving your BTC as BTC.

Closer to 20% loss.



What we are seeing is extreme movement in the market.

Anybody trading in the market should understand the market, understand EMA and how it works, and make informed decisions on strategy.

Butter is the best bot I have found to assist me in my trading.  However, "magic" does not exist in trading, and one still needs to be informed and responsible for their trading.  Depending on what your research leads you to believe (nothing but up? Bubble?), you may or may not want to pause the bot in certain market conditions.

In the end, these are traders decisions, and as you become better at it you will make the correct calls more often.

Smiley
Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
seanrarey
on 24/11/2013, 00:27:55 UTC
I don't know how, since there's been no EMA cross to sell.

+1