Topic: Experience with BTC Robot - page 2. (Read 13131 times)

BTC robot

Look I bought the BTC Robot. August 26, 2013. Well I'm going to let you know this much this is what it is!!!! $208 is $231.09 right now. Don't know how to post the pic to prove it.

Ok, thank you for your explanation.

True, Medium settings trade more frequently. Aggressive is trading less frequently. Medium settings are targeting for smaller trades but with each trade you are paying small trading commission to btc-e so your profit is smaller but you have more trades.
Aggressive settings are looking for long profitable trades but does not trade often because of that.

Yes, the robot studies the prices in both BTC-e and Gox. We'll add more exchanges in future if they grow and provide API!

Ey! This is still my topic!
Ok, you contributed much more.  

So just to give an update, I can confirm what eurobitcoin said. I played around with "medium risk" and "aggressive" settings. With medium I had quite a few trades a day. Setting back to aggressive instantly traded all USDs to BTCs and then did nothing. Putting back to medium it sold some BTCs right away (I guess to have some USD to trade with). Looks to me like "aggressive" means that you would put more trust in the Bitcoin price raising in the future than with "medium". Right now I would recommend the medium setting. I had the robot running for about a month now, my profit was around 13%. Had I not used the robot and just placed the whole amount in BTCs (place and hold strategy), I would have had a profit of about 24%, since BTC raised from 100$ to 124$ in this past month. But this could be due to the fact that I changed the settings a couple of times. I don't recommend you do the same. So I'll be more patient this month and go with the flow.

@eurobitcoin: Looking at the custom settings, to me it looks like the robot just compares the BTC price of MtGox and BTC-E and assumes there is a time delay between the two. Since most of the trading is still happening on Gox, a significant change in price will happen there first, BTC-E will follow a bit later. Am I right? What if major trades on BTC-E influence the price on BTC-E only? What if MtGox is no longer the main exchange and Coinbase, Bitstamp etc. gain traction? Thank you for your reply. Oh, and one more thing: Is the assumption that "aggressive" gives you more profit than "medium risk" wrong?

ROFL

k sorry. I just picture someone saying that after recieving one of those nigerian prince emails

To clear this out, cyberom is talking about Nigeria Prince scammer, not about our product.  We have nothing to do with this joke from Nigeria who violated my topic with this BS.

No amount of facepalming can express this...

WARNING !!

Ok, it is BIG SCAM and you have been reported to moderator !!  Angry

I just paid and download it, it is just a 37 pages PDF who talks on diceware.com, no robot here !!!  Angry

DON'T PAID NIGERIA PRINCE, IT IS A SCAMMER , SHAME ON YOU ASSHOLE !

Are you talking about me or nigerian robot for "real men" ? We are not using clickbank and we are not a scam. If you have questions, send me PM or support ticket.

Facepalm... You are making fun of yourself. Please kindly leave our topic alone. Promote your real men robot elsewhere. Thank you

If you knew ClickBank and have visited those hosted product, compare those with the bitcoin robot, you will know this is an outright scam.

this robots look intresting,what is price of them

Ok, thanks, as i see update for the prices, it is ok so.
Let's see next week  

YES!!
This is not your trading robot but a much advanced version.

Your BTC Robot is for children, our advanced BTC Robot is for real men!

Better algorithms,  better strategies.

BTC Robot for sale at discount price only today.

Download and purchase: https://bitcointalksearch.org/topic/btc-trading-robot-288755

WARNING: WE HAVE NOTHING TO DO WITH EUROBITCOIN'S INFERIOR BTC TRADING ROBOT. OUR COMPANY IS OFFERING ADVANCED VERSION !

It very very dependable on WHEN you started and what settings you use.  Yes, some people had, some did not. The point is long term results. If your robot is not hanging and connection is OK (see if price of the bottom charts update?) then it's ok. if connection is no good, I would suggest upgrading to Gold , then we'll install it ourselves and will be able to assist you better.

Here is the long term chart comparison

WARNING!

This is NOT BTC trading robot. We have nothing to do with this person.

I am not sure what it is, probably pirated software or your own creation. Please kindly stay away from us and develop your own software and tools. You really ruin Nigeria reputation by doing such scam offers.

Thanks, i know you can't see Silver members remotely,   but in fact i just would like to know if anyone had trades this week, just to be fixed again.
I wondered as you can see gold members, if it is possible to give us confirmation ..or not 
Just this point , thanks in advance

My company is offering advanced version of BTC Robot for sale at discount price only today.

Download and purchase: https://bitcointalksearch.org/topic/btc-trading-robot-288755

Some more details

The robot was battle tested first in April, when the price of bitcoin went from 60 to 260 and back to 60 in a matter of days

Take a look at bitcoin price chart this year


Then it was consistent from June to July when the price was going down for a long time.

So you can see on the big picture, semptember drop is nothing to worry about for the robot.
Even on crazy April swings it was profitable and drawdown never exceeded 10-15%.  Compare that to "buy and hold" strategy, you would get drawdowns like 100% in a matter of days.

Depends on happened to your VPS. I can't really help over the forum.

Could be all ok, could be connection loss or needs restart...
Also you see the chart. Depending on your situation, if the bot bought a lot of bitcoins before the price drop, it does not make much sense selling it right now, better to wait.