Topic: [DVC]DevCoin - Official Thread - Moderated - page 206. (Read 1058949 times)

Its not about lying its about recklessness.. something traders in ny and london thrive in. The more reckless thr better aslong as u dont lose your shirt then your a sucker.. until then keep playing the game.. they use bailout funding and tax payers and peoples retirement/investment funds to play this game so its not even theirs and they are reckless with it. Mayne thats why they dont care.

Bots are generally good as a supplement to trading when the human can descern the market conditions like ranging vs trending. You set different strategies based on the condition..

Yes walllstreet actually have a very high pct of phsycos its a known fact.

The bots that usually are more set and forget are the high volume high frequency trading bots that front run liquodity because the liquidity providers usually offer a last look feature that allows their bots to scalp all day for billions $. If we try to take advantage of the last look you simply get requoted unless your on the in.

I suspect high frequency to start coming in crypto space as liquidity rises and
bigger funds want to play.

Ema or any indicator based strategy is best used under guidance and heavily monitored when conditions are changing or a news event occurs.

The problem is we can't afford to fund hardware yet. Our bounties are small compared to the amount needed to build things, so the hardware bounties we made have either been received complaints or been ignored.

I'm awarding you the ongoing 2/5 of a share bounty for the seed node. Please contact Mark to make sure it's set up properly, he lists the seed nodes on his domain.

Indeed, CEO is the top profession for psychopaths:
http://www.policymic.com/articles/72653/these-are-the-10-most-psychopathic-jobs-in-america

however, accountants are the tenth least psychopathic profession. What makes a profession fit for psychopaths is not stress, but dishonesty. That's why the list starts with:

CEO
Lawyer
Media
Salesperson

I don't think daytrading is a good profession for a psychopath because there's nothing to be gained by lying.

Definitely, I personally want to see the devcoin project succeed, and if releasing a bot at an affordable price means there's one less down side to accepting payments in devcoins, I'll consider that a win. To make one that works with all the various exchanges and coins and everything, it's a lot of time I have to take away from my other important projects. The EMA-Volatility algorithm I wrote is for people who want to hold on to some coins (in case it goes to the moon!), but keep some in reliable cash in case it doesn't, as well as earn some interest just for providing market liquidity. You can add/withdraw from your account in either currency and it'll automatically adjust to the new balances. In that regard it's a bit like an interest bearing savings account...but managed by a bot.

I do need help working out what an affordable price is, though...anyone have any ideas?


That's right - I've heard it said that the ratio of psychopaths to normal people are higher in CEO positions than any other profession. I'll bet day-trading wouldn't be far behind...and I actually wrote the bot because I was a terrible fear driven trader lol.

I am seriously uncomfortable with the entire thing, to write for Devtome forces me to become a currency trader, something I wouldn't do in any other environment to get paid for my work.  I suspect a lot of newcomers are going to be challenged by it as well so a bot would be awesome and might make this just a little less traumatic for some of us

If you are able to make one for commercial sale, would it ever be affordable for a writer or developer being paid in DVC?


I think though, that real success in trading means actually hoping and even being a bit delighted by fear/negative forces to help with that success. In the end, those who might not be as hard-nosed or cant afford to lose so they react to fear, are always going to be the losers. (IMO)

so, i'm guessing this is a bot in action?
https://i.imgur.com/YqUqJVn.png

http://opensourceecology.org/

Seems like projects like this would be inline with the goals of the coin and bring great exposure.

Start small and fund a build of a Power Cube or a loose earth brick layer.

The publicity would be great, the builds are open source and already proven.

It's for these types of projects that I've invested in the coin. I think they will pair up nicely.

Nice, but what should we fund?

I also have something that may work for all of this, but we will need iterations of testing... whatever dalamar comes up with maybe I can work on adding it to my thing as well.

Hey I uplaoded a new devcoin android wallet to match the new client.

Please test that the new android wallet works sending/recieving coins... ill do a test maybe later tonight as well.

I updated the source too.

The devcoinj is now 1.0.4 here: https://sourceforge.net/projects/devcoin/files/devcoinj/

Assuming everyone agrees it's a v good idea, it's particularly b/c someone's willing to work on it without the promise of payment that I think it deserves a bounty.

This is old news but you know how DOGE was used to support an Olympic team? Right after that the price skyrocketed and DOGE gained more popularity through the news. Do you think something such as this would be beneficial to devcoin?
-AM

Bots are generally closely guarded secrets because they're so powerful. They take away the emotions of trading, so you can set a strategy and just let it go. Smeagol's given me a good idea on how to release it, though. I doubt there will be much on devtome about them yet.

The thing with markets is you'll never know if you're actually taking advantage of fear or if you're simply providing liquidity (ie someone is genuinely purchasing/selling them for an intended use). It's a bit like how some countries have the practice where there's only one real bullet in a firing squad, so no individual shooter knows if they were the one that took the life.


I third/fourth this bounty, too. I'm all for more time-efficient ways of managing things .

You have my agreement. As it is already done Dalamar would be able to tell the time involved and what bounty he feels his time is worth. If there are no objections to that amount then that should be the bounty he receives. If there is objection... well let's see if there is no objection first.

- Nova

Ok, I think a bounty site is a good idea and deserves a bounty. So to rewind I'll try again with original plan:
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Devcoin is about funding people and projects that create open source content. This requires time and effort as well as ideas and interest, which means putting visibility, know-how and incentive together in one place.

1. The site should be simple and attractive (with its own domain that includes ‘dev’ in it - to avoid confusion/conflict)
2. It would start as just a site that records bounties. Later it would be expanded to have categories with tagged bounties, so people could search by category. Bounties would automatically be added each round.
3. It needs to be a simple way of recording and tracking official Devcoin bounties only.
4. Maintenance and further development of the site would be funded through regular generation payments in the same way as devtome.

Longer-term (suggestions):
4. A rating system would be developed to increase objectivity and quality in vetting categories and projects of particular expertise.
5. Content management should be kept fairly simple to allow non-expert user edits. Actual admin of changing content should be open to reasonable discussion and consensus so it can always keep rolling with new manual content when necessary.
6. There would also be smaller bounties for any additional admins needed, particularly those who can demonstrate knowledge in fields related to available bounties and rating.
--------
I'll leave the amount for others with better idea of effort involved to suggest. I know dalamar's already working on something, but I'm not dalamar so seems ok to propose it...   I'll also contribute 500k of my own dvc if it's not objected to.

Looking great Dalamar!

I read it, thankyou I even understood it!

I am brand new to trading - even the thought of entering an arena where the principles involve taking advantage of another's loss in order to be successful, makes me feel a bit sick - but if I can set a bot to handle it as a mathematical decision a bot made, not a bitch move I made, well then lookout world!

Ahma gonna become me a trader!

Is there a noobs guide to trading bots for devcoin? I found some articles on Devtome but they do all seem to come from a platform of prior knowledge. My entire knowledge of "bots" became defunct when MSN shut their chatrooms

Thanks, address is 1LHVxAkzcN8BzSdrT7J2W3CCpiz5Rgj72E

Did you see my seed node claim? it's under a few pages of thread awesome, but details were dvcnode.blisteringdevelopers.com:52333 is up and good to add-node if you want to.

The bot itself can be implemented in any language you like, as long as you can talk to an exchange in it. I haven't released the source of that yet, and I'm debating whether to do it or not. On the one hand I know it'll be a useful addition to general open source (there's not a whole lot of good working bot code out there that you don't pay for), but on the other the business part of me is being greedy. I'll think about it some more. I'm leaning towards releasing it, but I know I'll also need to add a whole bunch more code to make it server-generic (as in, able to talk to lots of different servers and work with different currencies and all that). At the moment, it's bitcoin-mtgox-usd centric as a specific application. If I release it I'd want it to be menu driven similar to the shotgun bot, so you just set the options at the start and let it run.