Author Topic: Market making bot "Kkachi" is on testing in the DEX (OPENBTC-BTS)  (Read 3612 times)

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Offline xeroc

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your bot managed to place 51K orders?!?!
You make ashole1's order placement skills look the cutting edge of efficency.
Still .. network could deal with quite some more :)

Can we "sell" this news somewhere? Can you guys please put out some news on reddit, bitcointalk, and other platforms .. let them know about making money in BitShares ..

Offline tonyk

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After over 100k transactions and about 500 filled orders, Kkachi needs some rest for a while (to payback to investors)
Here's a short summary,

Operation day: 25 days
Principal: 1.37 BTC, 81000 BTS, 75 ETH
Result: 1.79 BTC, 84500 BTS, 79 ETH
Profit: 0.42 BTC (30.6%) , 3500 BTS (4.3%), 4 ETH (5.3%)

Kkachi will be back soon!

your bot managed to place 51K orders?!?!
You make ashole1's order placement skills look the cutting edge of efficency.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline cass

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Nice to see you made a profit, and a decent one too. The order spam was making me worry ;)
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Offline clayop

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After over 100k transactions and about 500 filled orders, Kkachi needs some rest for a while (to payback to investors)
Here's a short summary,

Operation day: 25 days
Principal: 1.37 BTC, 81000 BTS, 75 ETH
Result: 1.79 BTC, 84500 BTS, 79 ETH
Profit: 0.42 BTC (30.6%) , 3500 BTS (4.3%), 4 ETH (5.3%)

Kkachi will be back soon!
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Offline clayop

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How can one use Kkachi. Is it software I need to download?

It's closed source so you cannot directly use Kkachi. If you want, you can invest in under some conditions
The conditions are,

1) All your principal is protected in terms of quantity (not value. If you invest in 1 BTC, you can guaranteed to recoup 1 BTC)
2) Your fund should consist of Bitcoin and altcoin (such as BTS) 50/50 in value, at least roughly. (e.g. 1 BTC + 100k BTS)
3) The fund should be kept in Kkachi at least 15 days not to intervene bot's activity.
4) Minimum investment is 1 BTC worth. (e.g. 0.5 BTC, 50k BTS)
5) 40% of the fee will be deducted from the profit.  -> Edit: I will reduce the fee significantly so many can use kkachi with reasonable costs.
*6) If connected exchange is compromised, 50% of your fund can be haircut.

PM me if you're interested in.
« Last Edit: February 25, 2016, 07:59:50 pm by clayop »
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Offline mostar

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How can one use Kkachi. Is it software I need to download?

Offline clayop

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can you add a logic?
if the price changed not much, don't always cancel and make a new orders.
it's a little spam now.

To keep the spread very small, kkachi needs to update frequently and sensitively. I don't want to lose my money :D
And we have enough throughput. I think it's good to use network more (with some cancellation fee :( )
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Offline Akado

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can you add a logic?
if the price changed not much, don't always cancel and make a new orders.
it's a little spam now.

Isn't spam good? It can help us notice possible issues. Better having it now than later on right?
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline alt

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can you add a logic?
if the price changed not much, don't always cancel and make a new orders.
it's a little spam now.

Offline clayop

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It's now supporting multi-currency market making. Long-run test began.
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Offline clayop

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Do you want to buy or sell your BTS in Poloniex? You can use Kkachi!
With very small spread it can provide you with the best price in the DEX.

You must know that this is alpha version. I am a noob in programming and this my first product. So it maybe not stable but it doesn't mean it will rob your money (actually you can take my money when Kkachi is knocked out). But any tests are more than welcome.

Enjoy!
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