The amount is fixed while the rate is not. Basically, if you provide on the buy side when it’s at 10% and the sell side is at 90%, you’re getting 9x higher rate than those on the sell side.
If you’re looking to compensate the heavy side more (so the above situation is only 4.5x instead of 9x) we would be moving back toward fixed reward. If you’re looking to compensate the weak side more (so the above situation becomes 18x instead of 9x) that would indeed need a specialized and exaggerated implementation of fixed cost.
I think for now we should just try the normal fixed cost and see what happens. Currently, polo is operating under fixed reward still.
I don’t see an issue.
It’s just like it was when I did the tests during creation of the gateways:
as long as the price doesn’t move enough to make NuBot cancel the orders and place them anew, NuBot doesn’t use funds that arrive at the account.
I restarted NuBot and the order was placed like intended. Have a look at the edited version of my last post.
I limited the order size to 1,000 USD value in the config to limit risk for Nu funds due to device or internet access issues.
If I’d let NuBot place all funds on orders, and my RaspberrPi crashed, or my internet access had an outage, the orders wouldn’t be shifted when the price moves, posing a risk to the funds.
Approximately 6.5 BTC have already been sold.
I’m going to withdraw the NBT to the T4 FLOT sell side address (BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js), if there are no objections.
@JordanLee, would you prefer receiving the NBT instead to have some funds for propping up sell side on demand?
It has become quite obvious that the decentralized design of the FLOT doesn’t make it the ideal role to balance T1 liquidity…
MoD,
your nubot now reports the funds in the wallet’s liquidity section?
I think Tier2 buy side is increased. @masterOfDisaster.
order value is not updated according to btc’s value. nubot problem?
All 25 BTC have been traded for NBT and rest on the account (10,200 NBT).
According to my traade history on Poloniex, the last BTC was traded at
2015-12-09 01:17:52 (the time seems to be UTC)
The funds are now NBT and stable in USD - NuBot reports the USD value
Well, now the pisture is the opposite. I would expect all the buy walls to be zeroed after BTC rally, but no.
Very strange speculator’s behavior since BTC has an increased trend!