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RE: [ANN - automated market maker deployed ---> 0.777 volume at adjusted implied price for SBD, 0.1% spread]

in #steemit9 years ago

I didn't see your bot on the top bid or ask list. What's the account you're using for trading?
//Edit: just saw it. lets see..

By the way you created too many posts with similar topics and made many cross references among them, too hard to follow. I even suspect, are you trying to game the voting bot for more content reward?

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I dont know about any voting bot. I am writing a series of posts on the same topic, so it cant help but overlap. The content rewards are insignificant (other than the intro one which was a special case) and with you downvoting me, I will probably just get pennies from the posts.

Bsteem 0.006672 -> 0.006645, implied SBD 4.422193 adjusted 3.347785
Bsteem 0.006305 -> 0.006375, implied SBD 4.263183 adjusted 3.167674
big drop just now
current theoretical value is 3.34, so my bot will do a pair of orders a bid and ask 0.1% away from the theoretical value. One of them will fill right away, the other stays on the books until the market gets to the theoretical value.

After running for the first hours, it isnt losing money and maybe making a little bit, but at such a small ordersize in the main account it is hard to get exact stats

Looks like you're spamming the order book. If you leave too many orders on the book, you'll certainly run out of fund.

what are the limits? or do you mean just running out of capital?

Yes, the capital. By the way it seems nobody has hit the bandwidth limit so far. There is a new proposal or issue about bandwidth on github.

I cleared out some bids to balance my capital and make some room for my bot. now it should be able to handle longer than 10hrs of unattended operation, maybe 24/7, at the 7.77 STEEM ordersize

hi @jl777, please check my latest post out. I wrote it to you and the other whales. Maybe you will agree with it :)
https://steemit.com/steemit/@steemitpolitics/6rqxnc-to-the-whales-get-your-head-out-of-your-ass-and-vote-good-content-up-you-are-harming-steemit

i am not a whale at all, not even a dolphin here

well, 12.000 Dollars in your wallet are pretty much. Thank you for the up vote :)

pushed a version that only submits either bid or ask, whichever one wont get immediately filled. So no takings, getting a bit late for messing with new accounts