[Passed] Increased HitBTC Liquidity

I need to re-balance. Will have to be later this afternoon.
I am unsure weather I want to keep this operation going at this point…

I have ceased my operation a few days ago, because I needed the RaPi for Poloniex.
If you’d cease operation as well, that’d leave no LP left, right?
I might continue my operation there, but not too soon.
The last modPuddle term ended on 2016-01-12. The grant for the payment might be the last thing I do regarding hitBTC for some time…

I am testing a nubot there. Perhaps another “gateway” is useful in hitbtc?
Since with this BTC volatility LPs are too hesitant to provide liquidity, only FLOT left to fill that role, i guess.

Gateways aren’t the way to go, of that I’m now sure.
Dual side NuBots are, which can be funded on the side that needs support.

Gateways are the inferior solution to gateways.
The reasoning is here:

If you need help with the configuration, please ask.

The BTCUSD rate suged from $375 to $415 in little time (~2h), the trading volume on Poloniex from $20k to >$50k.
Still the peg has been more or less kept:

It’s not perfect, but I have no clue what happened without the NuBots operated with Nu funds, which pretty much offer the only liquidity for most of the time.
Nupool ALP clearly don’t want to provide liquidity at the moment:

Yes, this is what i wanted to say with “gateways” :smile:

thanks! I will :wink:

1 Like


I could definitely run an open dual side nu bot.
But as stated - the BTC swings are very difficult. No only is the loss a pain, but the re-balancing isn’t as simple as it sounds…

1 Like

This will be easier in the future.
An extended assessment and a possible solution can be found here: Current Liquidity

Especially if you wait for withdrawn BTC to be credited to trade them, I know…

Rebalancing with me we can decide on a price based on 0-conf time. Also, i can deposit directly to your exchange address. Nothing i can do about deposit confirmation time.

1 Like