Experiment of Trading Volume at Different Spreads Using a Gateway

Cybnate 2016-06-02 05:11:54 UTC #34

Here you go:

Date Type Price(BTC) Amount(NBT) Total(BTC)

2016-05-28 17:09:11 Buy 0.00199000 72.12600000 0.14353074
2016-05-28 16:46:32 Buy 0.00199148 665.66400000 1.32565654
2016-05-28 16:08:01 Buy 0.00198718 435.00000000 0.86442330
2016-05-28 16:00:52 Buy 0.00194649 505.55478152 0.98405732
2016-05-28 15:31:53 Buy 0.00198746 1855.35024395 3.68743439
2016-05-28 15:19:17 Buy 0.00198442 12.62510000 0.02505350
2016-05-28 14:59:03 Buy 0.00199497 0.05485970 0.00010944
2016-05-28 14:59:03 Buy 0.00199060 0.10740045 0.00021379
2016-05-28 14:43:49 Buy 0.00198214 0.05543479 0.00010987
2016-05-28 14:43:49 Buy 0.00197779 0.05555661 0.00010987
2016-05-28 14:43:49 Buy 0.00197698 0.17889569 0.00035367
2016-05-28 14:41:56 Buy 0.00197345 0.05567870 0.00010987
2016-05-28 14:41:56 Buy 0.00196913 0.05580231 0.00010988
2016-05-28 14:41:56 Buy 0.00196872 122.78017428 0.24171978
2016-05-28 14:41:56 Buy 0.00196870 5.60465579 0.01103388
2016-05-28 14:41:56 Buy 0.00196481 0.05562569 0.00010929
2016-05-28 14:41:56 Buy 0.00196051 0.12726440 0.00024950
2016-05-28 14:41:56 Buy 0.00195969 28 0.85115776 0.55038120
2016-05-28 14:41:56 Buy 0.00195968 0.25580574 0.00050129
2016-05-28 14:41:56 Buy 0.00195967 0.25580574 0.00050129
2016-05-28 14:41:56 Buy 0.00195951 0.25580574 0.00050125
2016-05-28 14:41:56 Buy 0.00195948 0.25580574 0.00050124
2016-05-28 07:45:45 Buy 0.00199264 0.50400000 0.00100429
2016-05-28 07:30:39 Sell 0.00200898 0.50000000 0.00100449
2016-05-28 02:34:18 Buy 0.00204690 324.70900000 0.66464685
2016-05-28 02:03:10 Sell 0.00208084 66.53354059 0.13844565
2016-05-28 02:02:34 Sell 0.00208181 178.53212441 0.37166996
2016-05-28 02:02:34 Sell 0.00208282 0.05275510 0.00010987
2016-05-28 02:02:34 Sell 0.00208597 2.42741463 0.00506351
2016-05-28 02:02:34 Sell 0.00208713 72.24016976 0.15077462
2016-05-28 02:02:34 Sell 0.00208740 0.05263916 0.00010987
2016-05-27 05:31:57 Buy 0.00209953 1653.06700000 3.47066375
2016-05-27 05:14:51 Buy 0.00208879 359.05955122 0.74999999
2016-05-27 02:49:26 Sell 0.00213427 21.99968000 0.04695325
2016-05-27 01:39:42 Sell 0.00216144 1.00000000 0.00216144
2016-05-27 01:37:19 Sell 0.00216163 47.24436361 0.10212483
2016-05-27 01:37:19 Sell 0.00216500 1.70474194 0.00369076
2016-05-27 01:22:32 Sell 0.00216853 5.18380633 0.01124123
2016-05-27 01:22:29 Sell 0.00216853 432.83463620 0.93861489
2016-05-27 01:22:21 Sell 0.00216853 5.25251659 0.01139023
2016-05-27 01:22:20 Sell 0.00216862 0.05066773 0.00010987
2016-05-27 01:01:19 Sell 0.00219371 1409.23315656 3.09144886

mhps 2016-06-02 05:13:14 UTC #35

To format better select the text and click quote or </> (tools above the posting box.

Thanks for the fresh meat We can see trade happened with 192/189 = 1% spread.

masterOfDisaster 2016-06-02 05:24:10 UTC #36

Will be some effort to align that with BTCUSD, but I bet that’s the result from trading swings.
Good to see, that at least some trading was made at that spread.

Cybnate 2016-06-02 05:39:01 UTC #37

That is not true, 10s of transactions in the week before.

masterOfDisaster 2016-06-02 05:45:37 UTC #38

How so?
ALP has a much tighter spread.
It shouldn’t be possible to reach your PyBot gateway orders as long as there are funds on each side of the ALP - unless there’s a wall shift or a different price feed brings your orders before those of ALP.
We are talking about Poloniex here, right?
I haven’t had a close look at Bittrex.

Cybnate 2016-06-02 05:48:57 UTC #39

Good question

Could be. Pybot uses most likely different feed. Hard coded into ALP.

yes

mhps 2016-06-02 07:29:03 UTC #40

Not surprising. The walls disappear for a second or so when shifting every minutes. If someone or a bot executes a market buy/sell at the moment it will reach beyond the wall’s position, and get bad prices.

Maybe that has been costing popularity of Nubits? @desrever @woolly_sammoth

desrever 2016-06-02 10:28:59 UTC #41

Can you think of a different strategy on an open exchange where you change price without cancelling the order?

mhps 2016-06-02 10:41:44 UTC #42

How about always placing order in two equal halves, and when moving, moving one half first then the second. So there is always some liquidity at one of the two walls?

mhps 2016-06-02 11:07:45 UTC #43

For the record, volume of nbt/btc on polo in the last 24hr is 2369 NBT.
@willy, what are these numbers on https://alix.coinerella.com/volume/gui_index.php ? say , Alix 7 means ?

willy 2016-06-02 12:42:16 UTC #44

Note: The columns value shows the number of stored data arrays for the pair in said time frame and is currently used for debugging purposes only. We check whether our gathered data doesn’t contain more than one data array per day. In this example the total volume for 7 days was 74084.68313822.This value is divided by the number in the columns value, which should be identical with the frame value, to get the ALix result.

https://coinerella.com/index.php/ALix

mhps 2016-06-02 12:45:46 UTC #45

I totally don’t get what you say. Can you given an example?

willy 2016-06-02 12:50:09 UTC #46

ALix 7 = sum(liquidity of last seven days)/seven

mhps 2016-06-02 12:52:03 UTC #47

And the number in the table is sum(liquidity of last seven days) ?

wait don’t you mean sum(volume of last seven days) ?

willy 2016-06-02 13:35:54 UTC #48

ALix 7 = all volume values for the last seven days e.g… 10+20+30+40+50+60+70 dived by 7

It’s a moving average of the past x days

mhps 2016-06-02 13:54:07 UTC #49

So currently alix7 is 16987.0262 for polo. It means the average volume on polo in the last 7 days is 16987.0262 nubits, right?

Cybnate 2016-06-04 00:44:03 UTC #50

There are zero trades since my last report.

mhps 2016-06-05 15:31:51 UTC #51

How is now? the first 4hr after the spread was set to 1%, right?

Cybnate 2016-06-06 03:51:55 UTC #52

Still no trades on Poloniex. Even with the 1% spread, there are multiple walls in front of me most of the time. Probably MoD’s gateway, the ALP and NuLagoon. Together these walls seems to leave no space for trades at higher spreads on the sell side.

mhps 2016-06-06 04:47:03 UTC #53

you are right. We have preliminary data – your trading data and price data – to show that sell walls with small spread don’t help to bring volume.

Please keep the spread constant. We want to take more data point and observe dynamic effects when btc moves.