I’m not fighting you, just trying to quantify what you’re saying.
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Just changed buy offset at 0.02 and sell offset at 0.01
Order type Quantity (NBT) Price
SELL 2969.9654745 0.00242713
SELL 1530.0345255 0.00201862
SELL 1500 0.00201463
BUY 3000 0.00195087
BUY 61.06422479 0.00194688
6 BTC are left and counting!
Very good to make the spread asymmetric!
I was about to recommend that when I found this post.
The lower sell side offset allows you to grab some BTC during price swings.
That’s exactly what I had to do in January.
Did you remember that or come to this conclusion by yourself?
Anyway, for that reason, you should lower the sell side offset even further.
Suggested settings:
buy side offset: between 0.025 and 0.03
sell side offset: between 0.0045 and 0.007
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I followed your suggestion:
0.025 and 0.0045
situation is still dire but the peg is fine 
SELL 2969.976 0.00242087
SELL 1530.024 0.00201339
SELL 1500 0.00200939
BUY 1500 0.00194644
BUY 1552.34150627 0.00194244
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Yah, I need to put my mobile phone aside for a while.
I just can’t argue any longer why an increased spread is better than no peg at all.
I’m close to “abusing” funds (2.3 BTC) from my hitBTC operation to fund a Poloniex gateway account.
I haven’t done that for two reasons:
- I’m not allowed to do that
- it’s so much work on mobile phone to get all done and the NuBot running
@zoro, please check the price feed yout NuBot uses.
I haven’t configured one manually, but that’s not good at the moment.
It chooses bitchain.info as default, but that price is far off:
22:42:11.789 [priceTriggerTask] INFO - New price computed [Sat May 28 22:42:11 UTC 2016,blockchain,BTC,507.0,USD,0.0019929,0.00189329,] [com.nubits.nubot.tasks.PriceMonitorTriggerTask:483]https://bfxdata.com/orderbooks/btcusd is at 533 at the moment,
https://bitstamp.net at 524
BTC/USDT at Poloniex 519
etc.
507 is way too cheap!
We need to find a more reliable data feed.
edit:
I’m trying
"mainfeed":"bitstamp",
"backupfeeds": ["bitcoinaverage", "kraken"],All three have a BTC/USD rate that is at level or slightly above Poloniex.
We’ll be better off than with blockchain.info - at least for now.
My nubot uses bitfinex. Which is currently the biggest (in volume) btc/usd exchange
Asset Total
NBT 20590.879229
BTC 18.315699
Buy Orderbook Offset ($)
0.05
Sell Orderbook Offset ($)
0.0045
Don’t all pools and gateways on the same exchange need to change feed at the same time to avoid wall collision?
With a tight spread they should…
Total Bitcoin 14.41103350
On orders: 9.62937237
BTC value: 14.41103350
NBT NuBits 22755.22334316
On orders: 6000.00000000
BTC value: 40.59827662
“bookSellwall”: 1500.0,
“bookSellOffset”: 0.0045,
“bookSellInterval”: 0.002,
“bookSellMaxVolumeCumulative” : 6000,
“bookSellType”: “exp”,
“bookSellSteepness”: “high”,
“bookBuywall”: 1500.0,
“bookBuyOffset”: 0.05,
“bookBuyInterval”: 0.002,
“bookBuyMaxVolumeCumulative” : 6000,
“bookBuyType”: “exp”,
“bookBuySteepness”: “high”
SELL 2970.005763 0.00224759
SELL 1529.994237 0.00186928
SELL 1500 0.00186557
BUY 1500 0.00176073
BUY 1529.994237 0.00175702
BUY 2970.00576095 0.00140265
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Total Bitcoin 15.83698297
On orders: 9.67451953
BTC value: 15.83698297
NBT NuBits 22322.87423108
On orders: 6000.00000000
BTC value: 41.98731736
@zoro, did you check your NuBot recently?
Mine reported API errors and I had to restart it.
Maybe you want to put less funds on the order book - just in case you have a NuBot malfunction during heavy swings.
What about this suggestion?
"bookBuywall": 750.0,
"bookBuyOffset": 0.05,
"bookBuyInterval": 0.01,
"bookBuyMaxVolumeCumulative" : 2000,
"bookBuyType": "lin",
"bookBuySteepness": "low"This will provide $2,000 on buyside at an offset that is below mine (which is currently at 7.5% with 1.5% increase each order, while yours are at 5%, 6%, 7%)
It is fine ATM. But i wil follow your suggestion, thanks 
Total Bitcoin 20.94593344
On orders: 3.51052500
BTC value: 20.94593344
NBT NuBits 19605.98959178
On orders: 6000.00000000
BTC value: 36.22579090
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10 BTC have been received.
Total Bitcoin 31.27704067
On orders: 3.34527500
BTC value: 31.27704067
NBT NuBits 19429.82878343
On orders: 6000.00000000
BTC value: 33.70181521
And 176 NBT have been sold
Total Bitcoin 25.72463807
On orders: 3.39387000
BTC value: 25.72463807
NBT NuBits 22726.21890050
On orders: 6000.00000000
BTC value: 39.40385464
Total Bitcoin 22.49910324
On orders: 3.33937249
BTC value: 22.49910324
NBT NuBits 24656.71094218
On orders: 6000.00000000
BTC value: 41.43806840
You are slowly losing BTC.
Have you considered increasing the buyside offset?
How’s your current sellside offset?
The high buyside offset derailed the NBT/BTC pair to some degree. Even with 0% sellside offset, you’d be quite far from being on top of the sell side order book.
USD rate of the NBT/BTC for the 2,994 NBT sell order: 1/0.169436 = 590
Current BTCUSD rate (bitfinex): 575
With 0% sellside offset, you’d be 2.5% more expensive than the $3k order - no chance of selling NBT even at 0% offset.
It looks like the buyside offset of 5% moved the mid price and created a “virtual” USD price in the NBT/BTC pair of $590.