[Decommissioned] PyBot passive gateway on Poloniex and on Bittrex

Status update 11-Mar-2016 7:10 UTC:

Change highlight: almost unchanged, minor sell <0.5 BTC

Poloniex NBT/BTC (active since 9-Mar)

Buy [BTC] Tier 1: 0.2494 (on order)
Tier 2: 0

Sell [NBT] Tier 1 : 2000.00 (on order)
Tier 2: 1,894

Bittrex (currently not active)

If I remember correctly, 4,000 NBT have been deposited.
Are over 100 NBT already lost to hedgers or is there a typo in the numbers?

No, you missed the 0.2494 BTC on the buy side :slight_smile:

Sigh, looks like I stopped reading after “0” :wink:

btc/usdt is comparable in size.
By the way, how is tether able to keep a very tight spread?

Tether doesn’t keep a tight spread, that’s what I’m saying. What’s going on is that people are using BTC/USDT and ETH/USDT on polo to arbitrage ETH/BTC on polo using bitfinex BTC/USD and bitfinex USD/USDT. Bitfinex USD/USDT has basically no spread, but that is the only place they actually keep the peg. They can do it on bitfinex because they are under the same corporate umbrella as Bitfinex.

Status update 15-Mar-2016 9:10 UTC:

Change highlights:
Seeing a sellers market on Poloniex, just sold 3 BTC and funds are in frontline with even a wide spread. Bittrex received funding on sell side. 1000 NBT on order. No sells yet.

Poloniex NBT/BTC (active since 9-Mar)

Buy [BTC]
Tier 1: 3.0532 (on order)
Tier 2: 0

Sell [NBT]
Tier 1 : 2000.00 (on order)
Tier 2: 771.62

Bittrex (active since 15-Mar)
Buy [BTC]
Tier 1: 0 (on order)
Tier 2: 0

Sell [NBT]
Tier 1: 1000 (on order)
Tier 2: 1000

There is an issue on Bittrex cancelling an order which happened after I restarted the bots. Therefore the bot cannot replace a new order temporarily leaving us with virtually no liquidity on Bittrex. The Poloniex bot is fine.

I’ve submitted a ticket to Bittrex for assistance. As soon as they cancel the order the bot should automatically place the order.

The same issue as ccedk!

Could be. At least a good test on their response times of their supportdesk. Hope they are fast.

We have 9.99 NBT on sell side (at 1% offset) - from my test run with the sell side only NuBot:

:wink:

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Alix doesn’t see it though. Can see it in the Bittrex orderbook. Might buy it :slight_smile:

How dare you! :wink:
…maybe I need to increase the offset to 3% for the test run :stuck_out_tongue:
Feel free to buy all then :smiley:

Status update 18-Mar: This issue hasn’t been resolved yet. I only had a reply from Bittrex that they would have someone looking into it. The DNS issues with the LiquidBits server haven’t been resolved yet. Will try to do some DNS configurations as my provider is suggesting. When that doesn’t work I will migrate the server to another location or provider over the weekend.

Update: re LiquidBits server (resolved) and Bittrex order (unresolved) : see [Passed] LiquidBits term 7 (addendum)

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Issue on Bittrex is now resolved by Bittrex. There is now 1k on sell side.

1 Like

Status update 22-Mar-2016 7:54 UTC:

Change highlights:
Poloniex sold ~3 BTC back and forward. No sells on Bittrex to date.

Poloniex NBT/BTC (active since 9-Mar)

Buy [BTC]
Tier 1: 2.9810 (on order)
Tier 2: 0

Sell [NBT]
Tier 1 : 2000.00 (on order)
Tier 2: 842

Bittrex (active since 15-Mar)
Buy [BTC]
Tier 1: 0 (on order)
Tier 2: 0

Sell [NBT]
Tier 1: 1000 (on order)
Tier 2: 1000

2 Likes

Status update 23-Mar-2016 6:50 UTC:

Change highlights:
Poloniex sold further 1.8 BTC. No sells on Bittrex to date.
Only 90 NBT left in tier 2 sell side on Poloniex.

Poloniex NBT/BTC (active since 9-Mar)

Buy [BTC]
Tier 1: 4.8242 (on order)
Tier 2: 0

Sell [NBT]
Tier 1 : 2000.00 (on order)
Tier 2: 90

Bittrex (active since 15-Mar)
Buy [BTC]
Tier 1: 0 (on order)
Tier 2: 0

Sell [NBT]
Tier 1: 1000 (on order)
Tier 2: 1000

Status update 27-Mar-2016 3:42am UTC:

Change highlights:
Minor back and forward trading on Poloniex, more BTC sold than NBT on balance.
No sells on Bittrex to date.

Poloniex NBT/BTC (active since 9-Mar)

Buy [BTC]
Tier 1: 0.3481 (on order)
Tier 2: 0

Sell [NBT]
Tier 1: 2,000.00 (on order)
Tier 2: 1,990,83

Bittrex (active since 15-Mar)
Buy [BTC]
Tier 1: 0 (on order)
Tier 2: 0

Sell [NBT]
Tier 1: 1,000 (on order)
Tier 2: 1,000

Status update 31-Mar-2016 6:36am UTC:

Change highlights:
Decent back and forward trading on Poloniex, on balance no NBT sold. Making small profits though.
No sells on Bittrex to date.

Poloniex NBT/BTC (active since 9-Mar)

Buy [BTC]
Tier 1: <0.00001 (on order)
Tier 2: n/a

Sell [NBT]
Tier 1: 2,000.00 (on order)
Tier 2: 2,162,42

Bittrex (active since 15-Mar)
Buy [BTC]
Tier 1: 0 (on order)
Tier 2: n/a

Sell [NBT]
Tier 1: 1,000 (on order)
Tier 2: 1,000

1 Like