In case someone wonders, I’m still experimenting with stable settings for PyBot. I think I’m close now but will have them running for another couple of days to be sure. They can place new orders completely unattended, and I would just return ‘proceeds’ e.g. every week or what FLOT thinks would work best.
Thinking of offering a dual-side gateway on both Poloniex and Bittrex. Could also do CCEDK, if anyone would support that.
Main reason is the ease of use. It wouldn’t add any work to run the bots as they are running off LiquidBits which I need to maintain anyway. Setting up a NuBot would create additional work for me. So using PyBot enables me to do a relatively good offer which only needs to cover the transfer of funds once in a while to FLOT.
Looks reasonable to me and we need to diversify.
100 NBT is a considerable cost reduction compared to an ALP’s cost.
It is important to try and see if such Dual-side bots can achieve the same role as ALPs for a much cheaper job.
This proposal has passed. Thanks for your confidence.
There are currently two dual-side PyBots running on both Poloniex and Bittrex. I’ve already provided the same addresses in the forum for use by FLOT. They have minor amounts in them, and you could have followed their behaviour in the last week or so. I will withdraw the placeholder amounts once FLOT transfers funds into the bots.
Settings
Both bots have an offset of 0.007 (0.35% on either side). Poloniex have been set at a maximum of 2000NBT on sell. Bittrex is set on 1000NBT. I’m fine to tweak these parameters when this is beneficial to Nu and on FLOT’s request.
Constraints
I still have a maximum withdrawal/deposit limit of 2000NBT / day for Poloniex. I’m good for transfers back to FLOT on a weekly bases preferably during the weekend (UTC+12) or for emergencies. I will report on a weekly bases once the bots are funded. At this stage I appreciate to have the bots funded with no more than 15k together. I believe this reflects best the current security measures I have in place and the way the operation being managed and encourages decentralisation of the bots.
My bot is running without a problem. Couldn’t find issues in the last 2 days. Alix walls does show the wall and the funds are on order on Bittrex. You might have looked when the bot was resetting, it does that every so often and the submitted value is averaged out.
So i dont know what you’re saying here, but bittrex hasnt had liquidity in like 2 days. We deposited 2k nbt to your account. Where is it? It’s definately not on the order book.
In step 4 you will need to set at least one additional config setting as maximal amount of NBT to place on order. Please let me know when you are at that point.