Please help:
******************************************
13:32:53.841 [default] [main] INFO o.brucalipto.btcbalancer.BTCBalancer - * If you find this useful please consider donating to *
13:32:53.842 [default] [main] INFO o.brucalipto.btcbalancer.BTCBalancer - * 1Ei2qUDy7cmKpNWfNVB3DGi3xzz6Xhrkgp *
13:32:53.842 [default] [main] INFO o.brucalipto.btcbalancer.BTCBalancer - *******************************************************
13:32:53.843 [default] [main] ERROR o.brucalipto.btcbalancer.BTCBalancer - Configuration file '/path/to/file/balancer.properties' does not exist or is not readable!
MacBook-Air-de-stephane:BTCBalancer-0.9.1 stephaneeskoff
Topic: BTCBalancer - a rebalancer BOT (Read 1362 times)
Please Help:
"Error: Unable to access jarfile btcbalancer-0.9.1-jar-with-dependencies
MacBook-Air-de-stephane:BTCBalancer-0.9.1 stephaneeskoff"
"Error: Unable to access jarfile btcbalancer-0.9.1-jar-with-dependencies
MacBook-Air-de-stephane:BTCBalancer-0.9.1 stephaneeskoff"
Assistance please, do not work for me, Java are immediately closing the window.
Does this bot buy BTC with least sell price and sell BTC for highest buy price in a given time-frame ?
Hi,
this BOT tries to keep the value of the FIAT and the value of BTC the same.
Let's give an example:
- at beginning you have 100USD and 0BTC. 1BTC is 1$
- first operation is to balance the wallet: the BOT will buy 50BTC at 1$ so you will have 50$ in FIAT and 50$ in BTC values
- now 50$ is the new center
- let's assume in the balancer.properties you have left percentualDistance=5
- the BOT will place 2 orders
- an order at 50$+5%=52.5$ to sell some bitcoins (as the value per bitcoin is increased you have to sell some of them to keep your wallet balanced)
- an order at 50$-5%=47.5$ to buy some bitcoins (as the value per bitcoin is decreased you have to buy some of them to keep your wallet balanced)
- the BOT will poll the exchange and when an order is executed it will delete the other one and places 2 new orders following the same logic and using a new center (47.5$ or 52.5$ depending on which order got executed).
I hope this will clear your doubts.
Bye
Hi,
I just released version 0.9.1. I used it through all the weekend and it worked well without major issues.
You can find updated instructions in the OP.
Please use it and report... and obviously ask if something is not clear
Thanks for your attention.
Bye
I just released version 0.9.1. I used it through all the weekend and it worked well without major issues.
You can find updated instructions in the OP.
Please use it and report... and obviously ask if something is not clear
Thanks for your attention.
Bye
Does this bot buy BTC with least sell price and sell BTC for highest buy price in a given time-frame ?
Hi,
thanks for the update, had been checking it out.
Unfortunately I do not know Java or Maven, so i'll wait on it
thanks for the update, had been checking it out.
Unfortunately I do not know Java or Maven, so i'll wait on it
Hi,
I just released BTCBalancer a java opensource rebalancer BOT that works trading BTC/USD on BTC-e (at the moment).
It was heavily inspired by prof7bit balancer made in python for MTGox[1].
To run it you need at least Oracle Java 7[2].
So, citing form prof7bit thread:
To run it you need to:
I'm using it even if, in these days, market is very quiet.
It did not eat my BTC but I cannot offer any guarantee that it will not eat yours!
Please let me know how does it work for you!
Thanks
[1]https://bitcointalksearch.org/topic/goxtool-bot-portfolio-rebalancing-181584
[2]http://www.oracle.com/technetwork/java/javase/downloads/jdk7-downloads-1880260.html
I just released BTCBalancer a java opensource rebalancer BOT that works trading BTC/USD on BTC-e (at the moment).
It was heavily inspired by prof7bit balancer made in python for MTGox[1].
To run it you need at least Oracle Java 7[2].
So, citing form prof7bit thread:
This bot will maintain a constant asset allocation ratio Bitcoin/Fiat = 50/50
http://en.wikipedia.org/wiki/Rebalancing_investments#Rebalancing_bonus
It will do so by placing limit orders above and below current price that will restore the 50/50 ratio once price moves there and fills the order. As soon as one order is filled it will cancel the other and then calculate and place 2 new orders above and below that new price. The price distance of the orders is 5%, that can be changed in the variable DISTANCE you should not make it smaller than 2%).
This strategy will produce a small profit in the long run (a few percent per week if there are huge price swings or nothing at all when its going sideways for many days), it seems a promising strategy for BTC/USD because of its insanely high volatility but it will also make your account balance go up and down directly in tandem with BTC price, so prepared to see huge swings in your account. You should write down BTC-price, USD and BTC balance in your account once a week and plot these curves after a few months or years to see the effect. This is not a get rich quick bot, this needs patience!
http://en.wikipedia.org/wiki/Rebalancing_investments#Rebalancing_bonus
It will do so by placing limit orders above and below current price that will restore the 50/50 ratio once price moves there and fills the order. As soon as one order is filled it will cancel the other and then calculate and place 2 new orders above and below that new price. The price distance of the orders is 5%, that can be changed in the variable DISTANCE you should not make it smaller than 2%).
This strategy will produce a small profit in the long run (a few percent per week if there are huge price swings or nothing at all when its going sideways for many days), it seems a promising strategy for BTC/USD because of its insanely high volatility but it will also make your account balance go up and down directly in tandem with BTC price, so prepared to see huge swings in your account. You should write down BTC-price, USD and BTC balance in your account once a week and plot these curves after a few months or years to see the effect. This is not a get rich quick bot, this needs patience!
To run it you need to:
- Download archive from https://github.com/ottuzzi/BTCBalancer/releases/download/v0.9.1/BTCBalancer-0.9.1.zip
- Unzip the archive
- Create apiKey and secretKey on BTC-e exchange
- Write them in balancer.properties
- run with something like: java -jar btcbalancer-0.9.1-jar-with-dependencies /path/to/file/balancer.properties
I'm using it even if, in these days, market is very quiet.
It did not eat my BTC but I cannot offer any guarantee that it will not eat yours!
Please let me know how does it work for you!
Thanks
[1]https://bitcointalksearch.org/topic/goxtool-bot-portfolio-rebalancing-181584
[2]http://www.oracle.com/technetwork/java/javase/downloads/jdk7-downloads-1880260.html
Jump to: