The Cryptoverse offers free access to Trading Course

24 hour challenge – get a $199 crypto course free for one day, and forever if you complete a simple challenge

Chris Coney from The Cryptoverse goes into some TA in this video but also announces his super special of how to get free access to his $199 course for a day, and if you complete a challenge within 24 hours, you can get lifetime access to the course.

GBU is a Patreon supporter of the Cryptoverse, and I’ve taken the course referred to here. It’s well worth it and is a great course for people wanting to learn the basics and then add some advanced items on trading. Each segment is 2-5 minutes long, easily consumable from mobile or desktop, and is presented in a logical flow.

https://www.cryptoasset.school/how-to-trade-cryptocurrency

The Cryptoverse (logo and banner)

Binance wiped all API keys – action required

Hello GBU Subscriber –

Yesterday, Binance sent a tweet that let us know they had stopped all trading with API’s:

The tweet directed readers to a support announcement that stated the following:

Due to irregular trading on some APIs, Binance will remove all existing API keys as a precautionary security measure. All API users are requested to recreate their API keys.

We apologize for any inconvenience caused, and thank you for your patience.

This is cause for immediate action for all Gunbot users who use Binance – this immediate stops all Gunbot activities, and also impacts any other software or service that uses Binance API’s – CoinTracking, CryptoSight, Zeno GUI, CryptoGramBot, etc.

In short, in order to resume trading with Gunbot, you must do the following:

  1. Create new API Key(s) at Binance
  2. Get the Key activated with your reseller
  3. Enter the Key(s) into Gunbot
  4. Resume Gunbot

GBU Customers: If you purchased your Gunbot license from GBU, and you are licensed with Binance, you can contact Master Teacher Poy or Professor CryptoWally on Slack or Telegram, email api@gunbotuniversity.com or fill out the form at https://gbu.run/feedback – we will need your old API key and the new API key you create as master (see below for full details).

There’s more detail to the above steps to do this correctly and with less drama, cost and headache down the road, so I will detail them now.

Create New Keys at Binance

Binance wiped out all the API keys in their system.  That means you must create new ones.  Your Gunbot and any other software that hasn’t been updated or shut off is hammering Binance’s server(s) with a key that does not exist.

It is highly recommended, and is considered Best Practice that you create two keys for Gunbot – one for licensing and activation (this is called the “Master key”) and one for Gunbot to actually use for day to day use.  The reason for this is that by using a key for day to day use, the key is at risk of being invalidated, lost, banned, or compromised.

Important: If an API key is invalidated, lost, banned or compromised, then the cost to get a new one from your reseller (at time of writing) is 0.01 BTC.  If this has happened to you, and you need this service, you can purchase it from the GBU Store.  If the API is wiped out due to no fault of your own, such as Binance wiping out all API keys, then traditionally there is no cost to you. (Note: this is subject to change, and GBU does not control the costs handed down by Gunbot’s authors)

By creating a Master Key that is never used for day to day use, and is only used for licensing, then you reduce the risk of having it invalided, lost, banned or compromised.

So, to help save you heartache down the road, create two keys.  Name them something like “gb-master” and “gb-primary”.

ALWAYS COPY YOUR SECRET BEFORE THE PAGE GOES AWAY since Binance only shows you the page once.

Get the Key Activated with Your Reseller

Activate the key you called “gb-master”.  You do not need to activate the “gb-primary” key.  If you ever run a second Gunbot on the same account, you don’t need to activate that key either.  If you compromise the gb-primary key, or Binance wipes it out due to a NONCE issue, or you move to a different time zone, it’s ok. You just create a new gb-primary key and put it into Gunbot and you’re good to go – just don’t ever delete gb-master.  You don’t need to talk to your reseller about the gb-primary keys.

When you communicate to your reseller, help them out by providing your old API key and your new API key.  They must validate your old key to ensure you had a valid key, so don’t just bombard them with a new key.  That will just take them longer, or they’ll just turn around and require that you provide it anyway.  Save yourself some time, copy the old key while you’re in there, and when you politely ask for the API key swap, say something like this:

Hello – I was impacted by the Binance security API wipe.  Here is my old and new key. Can you swap me out at your earliest convenience?  I would send you cookies if I knew where you were.  How is your day?

old key: ****
new key: ***

thank you.

Also, please note that only your reseller should be the one to swap out your key.  If GBU is your provider for subscription services, such as Master, Bachelor or Associates, but we did not sell you your Gunbot license, we cannot help you with your API key swap.

Your reseller will get back to you once the old key was validated and the new key was activated.

Enter the Keys into Gunbot

The two keys get entered into gunbot as masterkey and key.

Here’s how it looks in the config.js file if you are using Gunbot Core – aka, from the command line, when you run gunthy-linx64 or gunthy.exe.

"exchanges": {
  "binance": {
    "masterkey": "gb-master-key",
    "mastersecret": "gb-master-secret",
    "key": "gb-primary-key",
    "secret": "gb-primary-secret"
  }
},

The Official Gunbot Wiki has more information on API keys for the different Exchanges – https://github.com/GuntharDeNiro/BTCT/wiki/Configuring-Gunbot#exchanges

In the GUI, you enter in the Master key separate from the Primary key.  There should be two different entries in the GUI in order to get the config file to store them.

Be sure to save your configuration.

Resume Gunbot

After making your changes, start Gunbot up again and make sure it starts.

Other services

There are other accessories that use Binance API keys, such as CoinTracking, ZENO GUI and CryptoSight that will need to be updated as well.  Check our Slack Community for updates, or those product’s support channels for further updates

 

 

Binance Fees Explained

If you use Binance, you might wonder about how differently they handle fees, and their BNB coin, and what you can do about it..

What’s Going On

At time of writing, Binance is the top fee-based CryptoCurrency exchange on the market.  By a huge margin.  They offer many pairs, lots of volume, have a decent interface and the API works most of the time.  It’s one of the top exchanges used by Gunbotters everywhere due to the profits gained.  Professor Bitlion wrote a series on “The Best Exchange of Them All” (GBU premium content) where he helps people choose which exchange would best work for them.

Binance introduced something revolutionary when they launched – they have their own cryptocurrency token, called BNB, that can be used for paying Trading Fees.  A Trading Fee is what all centralized exchanges charge for making or taking trades.  Some exchanges have a flat fee for all trades; others charge a different fee for makers and takers (the maker is the one who places a new order on the order book and the taker is the one who fills an existing order on the order book), and still others charge a sliding scale of fees based on volume, such as how much volume in the last 30 days.

In most if not all of those exchanges charging fees, they usually take their fee from one of the coins in the transaction.  For example, if buying LTC (LiteCoin) with BTC (Bitcoin) on Bittrex, then Bittrex takes 0.25% out of the trade from BTC.

Binance still supports that style of trading fees – the fee can be taken out of the purchased coin (not the funding coin).  But if the trader has BNB coin in their account, and has enabled the function “Use BNB for Fees”, then the fee is paid from the BNB coin instead of either the funding or the purchased coin.  This is what is new and different from the other exchanges.

The Good Points

As a Gunbotter or Day Trader or even a casual hobbyist, there are several positive traits of using a 3rd currency such as BNB to handle fees.  In fact, if someone is Gunbotting, it’s essential they understand what BNB can do for them, so they avoid losing out on the benefits.

Trading Fee Discounts

First, Binance currently offers a major discount on fees if you pay for fees with BNB.  For the first year, fees paid with BNB enjoy a 50% discount.  Binance fees are already some of the lowest around, with 0.1% being what they charge.  Compare this to Bittrex’ 0.25% and you have my attention.

The fee discount is on a schedule:


This notice was published around July 2017 so we still have some time to enjoy the 50% discount.  Then it will drop to 25% discount, and so on.

This means that instead of paying 0.25% + 0.25% at Bittrex for a normal trade – buying something and then selling it later – for a total of 0.5%, you can pay just 0.1% total (0.05% + 0.05%) for the same trade.

An 80% savings in fees is incredible, especially for Gunbotters who generate a flurry of trades 24×7.

Keeping Coins Whole

The second major reason for using BNB, especially when you use Gunbot and make a lot of trades, is that the coin you buy and the coin you buy with are both kept whole.  Since Binance requires most coins to be transacted in whole amounts, or on some coins only allowing one or two decimals, this becomes increasingly important.

Here’s an example of a typical trade without BNB:

  1. You configure Gunbot to run on BTC-EOS pair with a typical minimum TRADING_LIMIT of 0.001.
  2. Gunbot buys 0.001 BTC worth of EOS.  It has to buy them in whole number increments, so it buys 2.00 EOS
  3. The fee (0.1%) is calculated from the value of the trade and then the fee is paid with the bought coin (EOS).  So, EOS is re-evaluated in BTC terms and 0.1% of the value is deducted from the resulting EOS you receive.
  4. You are now the proud holder of 1.998 EOS
  5. Imagine the value of EOS went up.  CHA-CHING!
  6. Gunbot sees the price has gone up according to the strategy you run.  It goes to sell the EOS, and sees that it has 1.998 EOS to sell.  However, Binance requires whole numbers, so it rounds down to 1.0 EOS
  7. It tries to place a sell order for 1.0 EOS, but that is less than 0.001 BTC worth.  Binance kicks back the order, saying “your order needs to be at least THIS big to tradeGo home, kid.
  8. You are now stuck with this EOS bag until the coin doubles or you manually fix it by buying more EOS at the current price.

Now, here’s the same trade, but with the trader owning BNB:

  1. You configure Gunbot to run on BTC-EOS pair with a typical minimum TRADING_LIMIT of 0.001.
  2. Gunbot buys 0.001 BTC worth of EOS.  It has to buy them in whole number increments, so it buys 2.00 EOS
  3. The fee (0.1%) is calculated from the value of the trade and then a discount is applied (50%), so the fee ends up being 0.05%.  The fee is paid with the BNB coin.
  4. You are now the proud holder of 2.0 EOS
  5. Imagine the value of EOS went up.  CHA-CHING!
  6. Gunbot sees the price has gone up according to the strategy you run.  It goes to sell the EOS, and sees that it has 2.0 EOS to sell.  It knows Binance requires whole numbers, so this is fine.
  7. It tries to place a sell order for 2.0 EOS, and the order goes through because it meets the minimum order size.
  8. You have now profited.  Continue the cycle again, because that was fun!

[dropshadowbox align=”none” effect=”lifted-both” width=”auto” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]Result: Using BNB for fees keeps your purchases whole so that you can more easily sell them. [/dropshadowbox]

It also helps tremendously with profit calculations since the fee is actually a separate transaction.

The Catch

We’ve gone over a couple major benefits to using BNB for fees. However, there is a catch to trading at Binance that should be pointed out.

As mentioned briefly in the example above, Binance disallows fractional trading on most coins, and on the other coins, it allows it but only to 1 or 2 or 3 decimals, depending on how expensive the coin is.  Said another way – at Bittrex, I can sell 1.99988882 EOS without a problem.  At Binance, I cannot sell 1.99988882 EOS – I have to sell 1 or 2 or some whole number.

This means that for many trades, you collect “dust” – which is a small amount of a coin left over or hanging around in your balance – that you cannot sell!

You don’t just collect dust from trades made without BNB token to pay the fees.

Dust from Binance referrals

Dust can also collect if you participate in Binance’s referral program.

Binance rewards affiliates by giving participants a percentage of the fees their referral pays.  This results in tiny micro-deposits of all sorts of coins, and the more you refer, and the more active they are, the more deposits you receive.

If someone you referred bought LTC with BTC, then they will pay 0.1% fee in LTC, and you will receive a percentage of that fee.  A tiny amount of LTC will just magically show up in your account.  And you cannot sell a tiny amount of LTC for BTC.

How to handle Binance dust

If you can’t sell a tiny amount of LTC for BTC, how do you handle it?  Is Binance tricking us all?

Well, this is the other use of BNB coin.   There are several coins on the BNB pair list.  You can’t sell a tiny amount of LTC for BTC, but you can sell a tiny amount of LTC for BNB.

Not every coin at Binance has a BNB pair.  For example, at time of writing, EOS doesn’t have a BNB pair.  So if you find yourself with a fractional amount of EOS, you are stuck with it until you collect more dust to fill in the gap to the next whole number.

But there are plenty of pairs that do provide a BNB option… and this is where you can periodically sell off your dust, or more likely for Gunbotters – purchase the dust you need to top off the coin to a whole number.

So, if you find yourself botting BTC-IOTA and then all of a sudden you have 0.8 IOTA you can’t get rid of, you can go sell it on the BNB-IOTA pair (IOTA/BNB in Binance terms).

The Bad Points

You probably thought “The Catch” was all there was.  Nope – there’s another catch.  And that’s if you use CoinTracking.info or other sites that pull trade history via API.

GBU gunbot university cointracking referral link discount

Normally, when CoinTracking pulls in trades from an exchange, it is able to discern the fee and includes this on the actual transaction.  For example, if you bought LTC with BTC, then this transaction would be one transaction in CoinTracking showing the purchase price and amount, the funding price and the amount, and then a fee and specify which coin was used for the fee.

However, with Binance, these fees are not associated correctly.  At time of writing, CoinTracking‘s recommendation is to create an additional transaction as [OUT] Lost for the fee.  That can result in a LOT of transactions for active Gunbotters.  Many Gunbotters have hundreds of transactions a day, so a manual correction is not feasible.

One would expect a more automated tool to address this in the future, either CoinTracking calculating it correctly, or a 3rd party tool to help run a report, find the fees and then insert the appropriate information into CoinTracking. I don’t know if a second transaction is feasible, but I can see a group-by-day or a group-by-week or a group-by-month offset transaction being entered to keep the BNB balance correct as well as appropriately handling fees for tax reporting purposes.

Summary:

  1. Using BNB can result in non-trivial discount on trading fees.
  2. Binance disallows fractional trading on many coins, which can clog up Gunbot.
  3. Paying fees with BNB can keep coins whole so you can easily sell what you bought and preserve profits.
  4. BNB coin pairs help A) sell off dust to reclaim stuck profit or B) purchase dust to make a coin’s balance whole enough to sell.
  5. Binance’s referral program creates dust, and must be handled manually.
  6. Tracking BNB Fees in services like CoinTracking.info can be difficult or inaccurate.

Binance listed Groestlcoin (GRS) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed Groestlecoin (GRS) this morning.

https://support.binance.com/hc/en-us/articles/360002394971

This means a couple of things:

  • GRS  as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  Take a look at Coinmarketcap for some history  (also see below).  Previously, GRS was already available on Gunbot-available exchanges Bittrex, and Cryptopia, as well as several other exchanges, plus in several currencies.
  • After the depression, and after the “boost”, when a coin gets a new listing, there tends to be a lot of volume, liquidity, and depending on how many other exchanges the coin is listed, the news about the coin, drama in the news, external factors, etc… there usually comes volatility. Gunbot thrives on Volatility.
  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.  By purchasing your license from Gunbot University, you automatically get a subscription to our Associates program, where you get tips, tricks, settings and assistance with Gunbot.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us at https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto.  You’ll receive a paypal invoice for the appropriate amount.

GRS, the 121st coin listed on Binance, currently has a minimum order requirement of 0.001 BTC according to their Official Trading Rules.

Here’s what the market had to say:

GRS 1 wk chart

This listing gave a 45% boost in a very short time, but in crypto, coins can have a 45% boost any day.  Also, it appears to have lost the boost already, probably with a ton of people taking profits.

However, when looking at a larger outlook, and zooming out a little further, the Binance Listing and whatever happened a couple of days ago on April 2nd (youtube channel posted?  Not sure what spiked it before the listing) definitely rose up GRS back to earlier highs..

1 year chart GRS

More about GRS: (source: Binance)

Groestlcoin (GRS), launched on 22nd of March 2014 with a focus on technological advancement, Groestlcoin is a fast and secure coin with almost ZERO fees, that is privacy oriented. Major development release every 3 months. Groestlcoin was the first coin that activated SEGWIT and is Lightning Network ready.

The cryptocurrency operates as open source software on a peer-to-peer model (transactions take place directly between the payer and payee). This means that no trusted intermediary such a bank or PayPal is required to verify the details of the sender and receiver. Rather, the transactions are verified by nodes (the network of computers/users spread globally) and recorded in an open ledger referred as blockchain.

Binance listed NEM (XEM) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed NEM (XEM) last night.

https://support.binance.com/hc/en-us/articles/360001903091

This means a couple of things:

  • nem logo
    nem.io

    NEM  as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  Take a look at Coinmarketcap for some history  (also see below).  Previously, NEM was already available on Gunbot-available exchanges Bittrex, Poloniex, and Cryptopia, as well as several other exchanges, plus in several currencies.  Having Binance added makes this one of the most liquid coins around.

  • After the depression, and after the “boost”, when a coin gets a new listing, there tends to be a lot of volume, liquidity, and depending on how many other exchanges the coin is listed, the news about the coin, drama in the news, external factors, etc… there comes volatility. Gunbot thrives on Volatility.
  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.  By purchasing your license from Gunbot University, you automatically get a subscription to our Associates program, where you get tips, tricks, settings and assistance with Gunbot.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us at https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto.  You’ll receive a paypal invoice for the appropriate amount.

NEM, the 116th coin listed on Binance, currently has a minimum order requirement of 0.001 BTC according to their Official Trading Rules.

Here’s what the market had to say:

This listing gave a 25% boost in a short time, but in crypto, coins can have a 25% boost any day.

However, when looking at a larger outlook, and zooming out a little further, the Binance Listing barely shows up as a minor spec on the three-month scale.  It has been a largely downturn market for a while.

More about NEM: (source: Binance)

NEM is the world’s first Smart Asset blockchain. Built from the ground up for enterprise-grade performance, NEM’s blockchain technology delivers a world class platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records and more. NEM’S power is exposed through a straightforward and secure developer interface so that you can deploy your blockchain solution in record time. Whether you are building the next best mobile app or bringing blockchain into your existing business infrastructure, NEM makes blockchain work for you.

NEM’s Smart Asset system allows anyone to completely customize how they use the NEM blockchain, with a robust set of features including domain-like namespaces and full on-blockchain Multi-signature control. Any application can access these features through NEM’s simple API allowing easy integration within mobile apps, existing business infrastructure or contract logic. The NEM public blockchain provides an open and self-scaling platform for developers.

Binance listed Storm (STORM) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed Storm Token (STORM) the other day.

https://support.binance.com/hc/en-us/articles/360001626052-Binance-Lists-Storm-STORM-

This means a couple of things:

  • stormtoken.com

    STORM as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  Take a look at Coinmarketcap for some history  (also see below).  Previously, STORM was primarily on HitBTC, Coinrail and Bancor Network, and a few smaller exchanges, but no other Gunbot-supported Exchange..  Since the listing, Binance has taken over massive amounts of STORM volume and at time of posting, represents 97% of all reported volume of the coin.

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto.  You’ll receive a paypal invoice for the the appropriate amount.

STORM, the 115th coin listed on Binance, has a minimum order requirement of 0.001 BTC according to their Official Trading Rules.

Here’s what the market had to say:

It looks like a major boost, and when looking at just those few days before the announcement, it is indeed a big boost.  And when looking at the fact that Binance is holding 97% of all volume according to Coinmarketcap, it also speaks volumes (no pun intended).

However, when looking at a larger outlook, and zooming out a little further, the Binance Listing mainly gives STORM a new life and new volume.

More about STORM: (source: Binance)

StormX, Inc. is the creator of Storm Play, a mobile app that uses blockchain technology to match people with tasks, letting them complete small gigs in five minutes or less, from any mobile device, anywhere in the world, and be rewarded in cryptocurrency. In order to allow products and services such as Netflix, Hulu, or games such as Final Fantasy the opportunity to reach more viewers, StormX has built a gamified microtask platform that rewards its users with cryptocurrency for engaging in short tasks from these companies. The platform is designed to feel more like a game than actual work, and the more you interact with content and different products and services, the higher your cryptocurrency rewards. Learn more at https://stormtoken.com.

Binance listed Ontology (ONT) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed Ontology (ONT) last night.

https://support.binance.com/hc/en-us/articles/360001553431

This means a couple of things:

  • ont.io coin

    ONT as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  Take a look at Coinmarketcap for some history as Ontology (ONT) (also see below).  Previously, it was just on the Gate.io exchange.

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto.  You’ll receive a paypal invoice for the the appropriate amount.

ONT, the 114th coin listed on Binance, has a minimum order requirement of 0.001 BTC according to their Official Trading Rules.

Here’s what the market had to say (at time of writing; there were no  market cap information downloads to be found such as coinmarket cap or coincodex):

More about ONT: (source: Binance)

Ontology is a new generation public blockchain project and a distributed trust collaboration platform.

Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.

Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.

Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed senarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific senario requirements, Ontology will continue to develop new common modules.

Ontology uses a dual token (ONT and ONG) model. At first, ONT is an NEP-5 token and does not release ONG. After the launch of Ontology’s MainNet, users will be able to exchange NEP-5 ONT for ONT on the Ontology MainNet, which will start to release ONG periodically.

The circulating supply of 53.75% refers to all ONT without lock periods (ONT that can be transferred, but not necessary ONT that can be traded at the moment). For example, the community portion is unlocked ready for distribution in upcoming events.

Ontology has already begun many technical partnerships, and several enterprises plan to build applications on Ontology. We are also planning future community airdrops. In the future Ontology will publish periodical reports which will further introduce this, as well as ONT circulation, distribution, and lock periods.

Below is ONT’s distribution proportions with the circulating supply in brackets:

– Ontology Community: 12% (12%)
– Institutional Partners: 28% (6%)
– NEO Council: 10% (10%)
– Ontology Ecosystem Development: 25% (12%)
– Ontology Technical Community Reward: 10% (10%)
– Ontology Core Team: 15% (3.75%)

 

Binance listed Nucleus Vision (NCASH) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed Nucleus Vision (NCASH) last night.

https://support.binance.com/hc/en-us/articles/360001198991

This means a couple of things:

  • NCASH as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  It doesn’t appear to be listed on Coinmarketcap.com at time of this writing.
  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto.  You’ll receive a paypal invoice for the the appropriate amount.

NCASH, the 111th coin listed on Binance, has an unknown minimum price and order value because at time of writing, the Binance Trading Rules are not yet updated.  But they used to be 0.001 BTC and then 0.002 BTC.

Here’s what the market had to say (at time of writing; there were no  market cap information downloads to be found such as coinmarket cap or coincodex):

More about NCASH: (source: Binance)

Nucleus Vision is an end-to-end technology solution that captures and provides previously inaccessible data to retailers and other ‘brick-and-mortar’ businesses through its proprietary blockchain and real-time sensor technology.

nCash is the decentralized cryptocurrency of Nucleus Vision, which is used for various transactions across the Nucleus Vision ecosystem. With nCash, Nucleus Vision has created an interoperable loyalty program that enables customers to earn and redeem nCash tokens from retailers in the global Nucleus Vision network. Nucleus Vision’s technology is currently already being utilized in 10 different retail stores with large expansions scheduled for 2018 and beyond.

Total Supply: 10,000,000,000
Circulating Supply: 4,500,000,000
ICO Price: $ 0.01

Links

Website: nucleus.vision
Whitepaper: nucleus

 

Binance listed Bluezelle (BLZ) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed Bluezelle (BLZ) last night.

https://support.binance.com/hc/en-us/articles/360000638211

This means a couple of things:

  • bluzelle logo
    bluzelle (BLZ) bluzelle.com

    BLZ as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  It doesn’t appear to be listed on Coinmarketcap.com at time of this writing.  (There was a “BlazeCoin” that used “BLZ” ticker, but seems unrelated).  Coincodex.com lists Bluzelle with Binance as only exchange.

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working and profitable.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto.  You’ll receive a paypal invoice for the the appropriate amount.

BLZ, the 108th coin listed on Binance, has a minimum price of 0.00000001 BTC and a minimum order value of 0.001 BTC (ref: Binance Trading Rules) (hmm – it used to be 0.002 BTC… interesting).

Here’s what the market had to say:

source: https://coincodex.com/crypto/bluzelle/

More about BLZ: (source: Binance)

Bluzelle is a decentralized, on-demand, scalable database service for dApps. To ensure developers get the highest throughput in performance, reliability and scalability, Bluzelle implements swarming technologies. A swarm is a large group of nodes (computers) that work together to store and manage data. Nodes in these swarms can go down and new nodes can come up with minimal impact on the network. Bluzelle fills a need to make the decentralized Internet complete, by improving efficiency and scale of data storage and management.

Total Supply: 500,000,000
Circulating Supply: 165,000,000
ICO Price: $ 0.12

Links

Website: bluzelle.com
Whitepaper: bluzelle

Binance listed Viacoin (VIA) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed Viacoin (VIA) last night.

https://support.binance.com/hc/en-us/articles/360000564532

This means a couple of things:

  • viacoin.org

    VIA as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  You might want to add it to your Gunbot on your favorite exchange(s) wherever it’s supported, which currently includes Bittrex and Poloniex…  It’s also available on a few non-Gunbot Exchanges like Upbit, Coinroom, YoBit and a few others.

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working and profitable.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto.  You’ll receive a paypal invoice for the the appropriate amount.

VIA, the 107th coin listed on Binance, has a minimum price of 0.0000001 BTC order value of 0.001 BTC (ref: Binance Trading Rules) (hmm – it used to be 0.002 BTC… interesting)

You can see the impact this listing had on VIA:

 

More about VIA: (source: Binance)

Viacoin is an open source crypto-currency created in 2014, derived from the Bitcoin protocol that supports embedded consensus with an extended OP_RETURN of 120 bytes. Viacoin features Scrypt Merged mining, also called Auxiliary proof of work or AuxPoW, and 25x faster transactions than Bitcoin. The inflation rate of Viacoin is low due to minimal mining reward. As the block reward of Viacoin is low, miners are given incentive to mine Viacoin through Merged mining (AuxPoW). Viacoin is currently mined by one of the biggest mining pools (F2Pool) with a very high hashrate.
Other features include a mining difficulty adjustment algorithm to address flaws in Kimoto’s Gravity Well (DarkGravityWave), Versionbits to allow for 29 simultaneous Soft Fork changes to be implemented at a time, Segwit and the Lightning Network.

Total Supply: 23,000,000
Circulating Supply: 22,977,342
Links

Website: viacoin.org
Whitepaper: viacoin

 

Binance listed PIVX coin (PIVX) – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed PIVX Coin (PIVX) last night.

https://support.binance.com/hc/en-us/articles/360000216591

This means a couple of things:

  • PIVX coin on pivx.org

    PIVX as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  You might want to add it to your Gunbot on your favorite exchange(s) wherever it’s supported, which currently includes Bittrex and Cryptopia…  It’s also available on a few non-Gunbot Exchanges like CoinExchange, LiveCoin, Upbit, and a few others.

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .  One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working and profitable.  Not only that, but you get two months of Master membership at GBU.  Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
  • GBU takes more than just bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so just send a direct message to Professor CryptoWally in the Slack or use our feedback form if you want to use Paypal.

PIVX, the 102nd coin listed on Binance, has a minimum price of 0.0000001 BTC order value of 0.002 BTC (ref: Binance Trading Rules)

You can see the impact this listing had on PIVX:

 

More about PIVX: (source: Binance)

Private Instant Verified Transaction, PIVX, is a privacy-focused decentralized open source cryptocurrency launched in Feb 1 2016 under the name of Darknet (DNET), before it was professionally re-branded to PIVX. The initial Proof of Work (PoW) distribution phase ended August 2016 when DNET transitioned to the current Proof
of Stake (PoS) phase.

PIVX runs on Blackcoin PoS 2.0 protocol and is based on Bitcoin core 0.10.x code base. It utilizes a network of masternodes for an openly visible decentralized governance and increased transaction privacy.

The main goal of PIVX is to achieve near instant private transactions and a governance that helps sustain the network for the benefit of all of the users involved.

Circulating Supply: 55,407,318

Links

Website: pivx.org
Whitepaper: PIVX

Binance listed INS Ecosystem (INS) coin – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed INS Ecosystem (INS) last night.

https://support.binance.com/hc/en-us/articles/360000008412

This means a couple of things:

  • INS coin on ins.world

    INS as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  You might want to add it to your Gunbot on your favorite exchange(s) wherever it’s supported, which currently is only Bittrex…  It’s currently also listed on EtherDelta and KuCoin

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .
  • GBU takes more than just bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so just send a direct message to Professor CryptoWally in the Slack or use our feedback form if you want to use Paypal.

INS has a minimum price of 0.0000001 BTC order value of 0.002 BTC (ref: Binance Trading Rules)

Interestingly, unlike other coins we’ve covered on GBU, this coin was only recently listed on CoinMarketCap’s website in the last few days, so there really wasn’t a lot of history on the site.  So the pump wasn’t the normal huge hockey stick, but it was still a large enough pump:

If you take a look at the items marked in the chart by GBU above:

  1. Even with “all” selected, it only goes back a few days
  2. Jan 13th showed only a little volatility
  3. Jan 14th showed some interest
  4. But Jan 15th shows the BIG spike, which is when Binance listed it, and all the HODLers from the ICO (initial price: $2.57) were quick to sell off their coins.. presumably.
  5. The peak price hit near $12 and 86k sats before settling down for some horizontal action.

This is what makes us think it’s probably a good time to add it to Gunbot since there’s a spike in the past.

More about INS: (source: Binance)

 

INS is the first global decentralized ecosystem that will enable consumers to buy groceries directly from manufacturers conveniently and at lower prices.

INS will facilitate the direct interaction between consumers and manufacturers. Bypassing retailers and wholesalers means a more personalized and transparent grocery shopping experience at lower prices. Сonsumers will be able to decide which brands they want and which goods they need.

INS will enable manufacturers to create bespoke marketing programs to promote their goods directly to consumers. These programs run on smart contracts and are powered by the INS token as a means of reward. It is similar to a miles-based reward programs of many airlines, but more advanced, cheaper to run and personalized thanks to the smart contracts behind them.

Total Supply: 50,000,000
Circulating Supply: 30,000,000
ICO Price: $ 2.57

Links

Website: ins.world
Whitepaper: ins

Binance listed iExec RLC coin – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed RLC coin  last night.

https://support.binance.com/hc/en-us/articles/115003950952

This means a couple of things:

  • https://iex.ec

    RLC as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  If you’re not botting it already, add it to your Gunbot on your favorite exchange(s) wherever it’s supported, which includes Bittrex…  If you were already botting it, you probably saw a nice boost today.

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .
  • GBU takes more than just bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so just send a direct message to Professor CryptoWally in the Slack or use our feedback form if you want to use Paypal.

And sure enough – the coin did pump shortly after being listed on Binance today

This is Binance’s 100th coin to be listed… but there was no special fanfare.  That was a bit unexpected.  As listed, you will need to make trade volume of 0.002 or more, so be sure to set your minimums in gunbot appropriately.

More about RLC:

iExec aims to provide distributed applications running on the blockchain with scalable, secure and easy access to the services, data-sets and the computing resources they need. This technology relies on Ethereum smart contracts and allows building a Virtual Cloud infrastructure that provides high-performance computing services on demand.

iExec relies on XtremWeb-HEP, a mature, solid, and open-source Desktop Grid software which implements all the needed features: fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and many more.
The RLC tokens will be used to access the resources provided by the Market Network. It will be the unique way of payment for Application providers, Server providers and Data providers.

Total Supply: 86,999,785
Circulating Supply: 79,070,793
ICO Price: $ 0.178

Links

Website: iex.ec
Whitepaper: iExec

Binance listed VIBE coin – go add it to Gunbot!

Binance logo
Open a Binance Account by clicking here

Gunbotters — Binance just listed VIBE coin  last night – interestingly, it’s the 99th coin listed on Binance’s BTC exchange… I wonder if they’ll do anything special for the 100th coin.

https://support.binance.com/hc/en-us/articles/115003879851

This means a couple of things:

  • vibe vibehub.io
    vibehub.io

    VIBE as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost.  If you’re not botting it already, add it to your Gunbot on your favorite exchange(s) wherever it’s supported (at time of this writing, this was HitBTC and EtherDelta, so Gunbot doesn’t run on those… so Binance is your only chance to bot this coin.)

  • If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses.  GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license.
  • If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto.  GBU is an authorized seller, so what are you waiting for?  Visit us in https://gunbotuniversity.com/shop .
  • GBU takes more than just bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so just send a direct message to Professor CryptoWally in the Slack or use our feedback form if you want to use Paypal.

And sure enough – the coin did pump shortly after being listed on VIBE today

coinmarketcap listing of VIBE at time of writing

More about VIBE:

VIBEHub is a technology platform with the capacity to create virtual reality
marketplaces and hubs, allowing users to buy and sell experiences far beyond
the possibilities of traditional technology.

All transactions on these hubs will use VIBE, an ERC20 token. What differentiates VIBEHub from traditional Virtual Reality applications is the ability to capture visual performances in Volumetric Video (Holoportation Technology). This will allow for a closer and more intimate interaction with artists, educators or instructors.

Total Supply: 267,000,000
Circulating Supply: 173,094,890
ICO Price: $ 0.01

CryptoSight first look

Hello there, I’m Fortune Wolf, a new contributor at Gunbot University.

[avatar user=”FortuneWolfe” size=”medium” align=”right” /]I recently came onboard to GBU as a Master student and Affiliate and love the world of cryptocurrencies.  Not only can I learn about new ways of doing business and how a new financial sensation is sweeping over the whole world, but I can make money trading, using a trading bot, and also earn commissions referring people to buy their Gunbot license from GBU as well.  I encourage anyone else look into becoming an affiliate of GBU if they like earning simple, no pressure referral fees.

I started to use a new telegram-based notifications bot called CryptoSight written by an active member of the gunbot community named Dante.  This was a standalone bot that cost $200 by itself, but the Gunbot people bought it out and now it’s offered as a bundle with new pricing.  You can talk to GBU professors about pricing, I’m sure.

The set up was pretty easy – I went to telegram and started a conversation with @gunthy_bot user (https://t.me/gunthy_bot), which offered me to Activate or Trial the service.  Since I was a valid user, I could Activate (if you buy your CryptoSight from GBU, they will send you your key via your Online Order)

I went through the Activation process, which gave me a text file to put in my API keys. I was already told by my Professors that I should use new API keys and not re-use Gunbot API keys.  Also, I was a little hesitant about sending keys and secrets in a text file to a cloud service, so I looked into it more.  CryptoSight offers the ability to make trades via the telegram bot, plus it actually is reading trades in real-time.  It needs to be able to interact with the Exchange, so that made sense.  But I don’t want the ability, at least at this time, to make trades via the Telegram app, so I made my API keys read-only.

I edited the text file and uploaded it and in a couple of seconds, it reported my exchanges were linked. I’m using all three Exchanges and it let me know that for Bittrex, there was an extra step needed – I needed to upload my trade history. I guess Bittrex doesn’t give all the information CryptoSight needs automatically.

After doing all that, I get the main menu:

The help

When you click Help, you get a couple links to places where you can get additional information

However, the Homepage listed is no longer valid, as it just reports that CryptoSight has merged with Gunthy Bot (aka Gunbot).  Also, the mention of @CryptosightBot must be the old version of the bot.

Trade Notifications

After playing around with the buttons for a while, I start getting trade notifications.

And this is why I’m really starting to like this add-on.  There’s a thrill I get when I get a Telegram notification of a sell or a buy that Gunbot is making.  Usually I just login later at night or look at graphs to see how things are going, but when I get notified that things are happening NOW… and then NOW.. and NOW.  it might get old sometime, but this is heart-racing cool.

I don’t know yet why some of the notifications have profits listed and some don’t.   I would assume that CryptoSight doesn’t have enough information – probably the purchase price.  Maybe as it runs longer, it will get the prices.

Also, I’ve seen some screenshots somewhere where people are able to have it list dollars instead of bitcoin, but maybe that’s a different Telegram Bot.  But I have to say my heart races just a little when I get to see results in this manner!  It’s a nice alternate way to see the fruits of the Gunbot labor instead of just dots on a chart or lists in a spreadsheet.

One other note – Maybe CryptoSight is missing information, because I’m pretty sure I had more than one trade in the time between 12:40 and 3:50 … so I’m guessing the servers are overloaded, the exchange API’s are backed up, or maybe it just delivered the information to me late.

Checking the profits

After a while I noticed a few really neat ones:

Wow!  almost 20% profit!  I think maybe I should check to see if that’s correct.

I went over to Bittrex and took a look at the chart:

The chart definitely indicates it’s possible that at least 20% profit was had.  I see two humps in this chart – maybe Gunbot took advantage of both of them.

I checked the trades on Bittrex site:

I’m not sure where CryptoSight’s 19.59% profit’s are coming from yet.  First I check that the “Units total REP” in the BUY and SELL lines are the same, and that I’m not dealing with a multi-order buy or a multi-order sell, which would be more complicated to calculate (and I don’t know if CryptoSight supports).

When I compare the “actual rate” columns, I come up with 2.2% profit based on the rate.  When I compare the Cost / Proceeds columns, which takes into account all fees, I come up with 1.69% profit, not 19.59%.  This is a huge discrepancy, so I’ll need to ask someone about this.

Not too much later I saw that Gunbot running on Poloniex also caught profit on REP a little later:

Wow – REP is really moving, according to CryptoSight… maybe this is from that second hump I saw in the chart earlier?

I checked the trades on Poloniex’s website:

Hmm, here, this one is going to be more difficult, because I can immediately see that the amount of REP sold at 17:44:39 (2.29423719) is not the full amount bought at 17:36:17 (2.29998714).  That means dust is being left over (probably 0.005 worth of REP) so it’s not done selling.  But either Gunbot will get stuck, or will ignore based on MIN_VOLUME_TO_SELL or be tweaked otherwise to handle.

But it’s still close enough that I can manually calculate the profits on my own.

Doing the same comparison of rate (Price in the table), I see 3.4% profit. not the CryptoSite-report 13.13%.  When looking at “Total (BTC) column, I calculate profit of that sale to be 0.00040012, not 0.00172016, which comes out to 3.15% profit.  But again, this is way far away from 13.13% profit listed in the Telegram notification.

In general, the trade notifications are worth it, but the profit reporting seems to be way off.  I wonder what CryptoSight does when Gunbot does microtrades in emotionless, or when there are several buy orders and several sell orders, all that add up to the same general order.

Or — how does Double Up affect the reporting?

Enhancement ideas

Aside from fixing the profit reporting, I think there are some improvements that could be made to make this even better.

Change Font Size and color based on Profit Gained

It would be really neat if there was a way to differentiate the influx of trade notifications that comes in all the time.  It’s hard after a while to notice the small tiny trades from the mediums to the larger ones.  So it’d be nice if losses were red, and the bigger the profit, the more prominent the notification.

I don’t know if Telegram supports font sizes, so if it doesn’t maybe some text markup with asterisks or ASCII art would work, such that trades 0-1% were in a category, 1-3%, 3-5% 5-10% 10-20%,20-40%,40-60%, etc such that different tiers were reported with increasing levels of fireworks.

Change Strategies or other Config items

This is definitely in the area of “Advanced botting” but it would be neat to be able to change my bot’s strategies remotely.  I would want to control pairs, switch settings to move from aggressive to conservative based on market movements, and other things.  But perhaps that is better handled in an actual GUI interface and not a Telegram app.  Plus, this might give too much power to a 3rd party.

API Activations could be smoother

I know that being “first” is important and getting your product out there in today’s fast moving cryptocurrency world is high priority.  If we all waited for gunbot to be bug free we probably never would have gotten it.  So when I mention things that could be better, it’s not a complaint.

I think that activating API keys could be done interactively with the server.  While I didn’t mind the text file that much, I think editing a file actually adds more complication to the end user, and adds more points where the user could have errors.  I think that the Activate process could be something like “add exchange” and it asks for key, which user pastes in and then it asks for secret, which user pastes in, and then it’s done.  User could copy/paste straight from other window w/exchange and not even use a text file.

Summary

It might take a long time for the novelty of getting trade notifications on Telegram to wear off, and in the future, I may want to have a more convenient way of doing an “instant sell” of certain pairs, which the bot supports.

I do hope the profit reporting is figured out, and there are some enhancements I can think of that would make it better.

 

Bachelor+ Benefit: GBULIVE Mon Jan 1 12 noon US Central UTC-6h (6pm UTC/GMT) (password protected)

GBULIVE Topics for this week: [redo] Installing Gunbot 7.x on Linux (Binance, headless, with screen) [redo] Using CoinTracking to monitor and manage your trades Q&A – Attendees choose GBU BACHELORS and MASTERS only. Do not share this link with anyone. Seats for GBULIVE are limited. Be sure to sign in with your GBU or Slack …
To access this post, you must purchase a GBU Membership that provides access, or one of our products that includes membership. Learn more about our memberships at https://gbu.run/learn.

Binance listed TRIG coin last night

Gunbotters — Binance just listed TRIG coin last night —

https://support.binance.com/hc/en-us/articles/115003697872

This means a couple of things:

  • Triggers Token (TRIG) from BlockSafe Foundation

    TRIG as a coin will probably go up in value for a little bit, and get a boost. If you’re not botting it already, add it to your Gunbot on your favorite exchange(s).

  • Might want to add it to Binance if you have a license for that exchange.
  • If you don’t have a license for Binance exchange, consider adding this exchange to your licenses.
  • This is probably a good time to remind you that GBU is running XMAS specials until 12/31 and then these deals are gone. Visit https://gunbotuniversity.com/xmas — you can add one exchange + Trading View for 0.025 BTC or all the exchanges + Trading View for 0.05 BTC.   Note that normally, one exchange is 0.05 BTC and Trading View is 0.05 BTC, so adding all the exchanges with Trading View for 0.05 BTC is a real steal.
  • Plus, GBU takes more than just bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way.  We just need to add a little extra for processing, and it’s not on the website (yet), so just send a direct message to Professor CryptoWally in the Slack if you want to use Paypal.

More about TRIG:

According to blocksafefoundation.com,

TRIGGERS, A MACHINE TO MACHINE TOKEN, POWERS THE BLOCKSAFE NETWORK ECONOMY. TRIGGERS POWER EVERY EVENT THAT TAKES PLACE BETWEEN SMART DEVICES PARTICIPATING IN THE BLOCKSAFE NETWORK.

 

Binance listed NAV coin this morning

NAV coin logo
Hey folks – Binance just listed NAV coin overnight — https://support.binance.com/hc/en-us/articles/115003668252 This means a couple of things: NAV as a coin will probably go up in value for a little bit, and get a boost. If you’re not botting it already, add it to your Gunbot on your favorite exchange(s). Might want to add it …
To access this post, you must purchase a GBU Membership that provides access, or one of our products that includes membership. Learn more about our memberships at https://gbu.run/learn.