Project Idea: Defensive algorithmic trading R&D and Deployment

LukeSkywalker

Big Title, says it all. If been observing and interacting with lumens trading on Polonix (usd/xlm) and Houston we have a problem. Well Actually since yesterday I've deployed the 1 st such algorithm and I must it's currently having a healthy effect already (general consensus and positif feedback on cryptocompare)

So yeah I've have much time to analyse and experiment with the trading signal, battled whales, found loop holes, exploits, missing defensive capital on the order book, meaning only exterior investors who wish only to pump and dump lumens to milk profit, well these offenders have had no one to opoose them as a proxy to all of us.

So the result is that a very small whale can manipulate the market and scare us to sell.

So my project is to design Implement and deploy trading algorithms that will eliminate all the nasty vulnerabilities that have been and still are used.

Since I deployed the 1st algorithm this afternoon it has cause a calm and good performance though.

Although I wish very much for this to be sufficient we have more work to do.

I have a second algorithm already designed and waiting to be finalised and deployed (but I'm not going to as long as I dont see pump and dumping.

sheesh its not even enough for some of them to pump and dump..They also need to lowball their entry price first (they artificially lower the price before buying)

For the 3rd Algorithm. I do not have the money to back the trades, I would require funds from the community or Stellar. Both donations but mostly lending is what my project needs to be able to get whales packing.

Walls: We need walls. I could of dropped the coin from 0,036 to 0,035 with 150$ of trade at one time time because the buy order book was empty, the whales removed theme selves,

So yeah automated wall protection algorithm is something I have not experimented with yet although I interact and by induction able to influence them anyway ?

In the mean time I'm starting to build code, and just adding more and more functionality.
It should build itself as it grows.

But in the end definitely a program or at the very least a public notice on what is the stance of Jed and Stellar about the price of lumens. Are they for a healthy coin that HODL can trust or the wild wild westwith no sherif.

I understand there will be variations and opportunities through this, but arbitration is inevitable.

decentralized justice?

Here's to hoping I can find my place somewhere in this stellar federation ?

I am actually incorporated and trying to startup something for a long time now, it has narrowed to crypto from ethereum through monero xrp and now stellar, and now I'm really interested.

So I am available to work on this full time (already am lol)

If you think this project has potential practicality and is urgently needed (along with being along the lines of the 2 million dollar Exchange startup funding opportunity lol ? - added value for sure and I may be the first one to actually implement and deploy such added value.

LukeSkywalker

If you wanna chat with me I'm often on cryptocomare.com XLM channel

https://www.cryptocompare.com/coins/xlm/forum/USD

umbrel

Yeah, I've read it twice, but I don't really know what to say at this point. For me it all comes down to influx of new users / money. If Stellar is useful and more people are buying than selling, then it will be healthy and there is no point to defend anyone.
Whatever you do if Jed or anyone else decides to sell big batch of XLM, then you're screwed.

LukeSkywalker

umbrel you can't have influx of new users / money if you dont have investor confidence.
You can't have investor confidence if you have too much price volatility due to 3rd party market price manipulation.
We have market manipulation.

I've been in cryptocompare.com talking with the people and have plenty of interation with them to get honnest feedback about the situation and there thoughts.

They feel the market is being manipulated.

Its when the whales come in and start bashing on the price to make it tank that frustrate people.

I even had a whale come in the channel to trash talk then start tanking price, I was actually the only line of defense at the time.

My algorithms have been running and and off for a couple of days now, leaned alot, tweaked parameters, users on crypto-compare see what they do and are happy.

I am doing this whether I get the support from Stellar or not, I love this coin too much.

I've also learned to let go thinking about the price always being on the up and up and accept the downturns as well.

I will be building a GUI interface shortly in QT as a dashboard to launch, monitor, configure, record, ... my transactions.

bkolobara

LukeSkywalker I'm not sure I understand exactly what you are talking about. I assumed that "defensive trading" is some sort of a low risk trading algorithm. But now I think that you are trying to stop price manipulation by doing price manipulation (spoofing, ...). [Or if the price is rising it's not manipulation?]

I don't think there is anything wrong with the price going up/down. Not much you can do about it without access to a lot of capital. And if you have access to a lot of capital, would you really spend it on buying a bunch of XLM just to move the price up? What's your endgame here? Sell it to someone at a higher price? Who is going to "defend" this person when you start selling?

We saw a 25x increase in price from last year. Investors are taking a profit and there is nothing bad about it. If you believe you can predict manipulation (pump-dump) you can make already profits just by following their trades.

LukeSkywalker

bkolobara don't take my word for it. Go ask the public who invest in Lumens.

Are you are saying It's ok to be manipulated by investors that want to drive capital out of your investors hands?

Why is it ok to be constantly pumped and dumped by whales from BTC ?

But not ok to prevent market manipulations that are detrimental to us who believe in Stellar by having a counter measure balance things out?

I am not trying to artificially drive the price up.

that only leads to dumping afterwards anyway.

I am talking about not letting a few people ruin it for everyone and pull down the market on purpose.

It doesn't requires much capital at all.

I can do it with a daily investment of 34$ and 7 cents of trading fees.

Crypto is the wild wild west right now.

There is currently market manipulation on the dark side
there is currently no one defending the capital on the good side (practically just me right now)

So basically you are ok with leaving everyone's money in a bank account with the doors open to anyone to come and steal it,

My mother is an accountant and she worked for Deloitte and her friends have worked there for years with high positions. I will have a talk with them to see if all of this is all right.

If they say its ok then so be it.

But I will be removing all my funds and investing elsewhere

We are being manipulated by BTC and nothing is being done about it.

BTC already have their own defense team defending the price of their crypto 24/7

To not do the same is an invitation to being used.

LukeSkywalker

bkolobara My end game is to help people. I have actually been spending my own money and holding out on profit for this. When you're using your own limited funds to fight whales and keep things going you're taking one for the team.

I've even been selling and buying at a loss to buy up walls that were lowballing the price to prevent panic sells.

I've discovered a dump algorithm but have never used it. I could have and it would of profited me but at a cost for everyone and I'm not like that.

LukeSkywalker

bkolobara When you say:

"What's your endgame here? Sell it to someone at a higher price? Who is going to "defend" this person when you start selling?"

I see your point and by seeing it, I also see the exact thing that whales are doing to your investors, the regular folks by the hand of whales working for BTC.

I would put the wall in a way that would DISCOURAGE buying when suddenly there are 0 walls on the buys side.

This is done on purpose by whales who previous spent the last hour selll high to people (because they previously manipulated the price.

I would never use during active trading periods like today.

I would use it when there's no one trading, a vulnerable period known by whales to go manipulate the price.

You are aware of a Pump and Dump right? Well I am developing anti Pump and Dump technology if you will.

In the cases where there's only 1 side trading, then it becomes like playing a Basketball game with only 1 team playing on the court, the game is lost in advance.

You see there are 2 sides: those who are Stellars and those who are external part of another investment group

Stellars are in their domain
Whales are external and see us as cash cow.

I have 2 degrees in electrical engineering and specialize in signal processing.
I am a natural mathematician and I eat this stuff.

In the end you said it yourself:

<< What's your endgame here? Sell it to someone at a higher price? Who is going to "defend" this person when you start selling?>>

What's my endgame here?:

It is to "defend" this person when WHALES start selling

Sell it to someone at a higher price?:

No the whales just did that and now they removed the wall they where holding on the buy side and its evident from the buy order that a dump is about to occur

UNLESS:

I put a wall when I see this. By dropping this big wall now it would be impossible for the whal to buy me out and attempt a drop in price.

he's only got 26k usd worth of assets on each side approx.

So this wall is ONLY to be served to a whale attempting a pump and dump on an unguarded exchange.

LukeSkywalker

But I will still leave my current trading algorithms run as they are doing a good job at not letting the price slip down artificially and don't cost an arm and a leg to run.

I care about the people investing in Lumens. You should too.

LukeSkywalker

There are bots working 24/7 against alt currencies
Then to be faire there should be bots on the other side working for alt currencies.
Then it's fair play.

It' counter balances the negative effect.

I am a very very ethical person so in no way would I use this to my advantage.

There needs to be some form of justice in the crypto-realm.

Its called Synergy

I apologize if I am being unclear here I will try to clarify as soon as I can but I am very busy working on this 7 days a week. I got a lot of things on my plate concerning this.

I hope to get time to show you visually what is happening.

LukeSkywalker

Use Case #1: At night, when people are sleeping, only bots are running on the exchange. This is an opportunity for anyone to discretely manipulate the price and people wake up to a lower price unhappy.

One night as I was trading I discovered this and that's when this all started. I was all alone with only bots.

This was the night of Nov 6 2017. Oddly the exact time we finally had our first rally since after a long slow decline following Stellar's 2nd moonshot.

We've had nothing but steady increase since then and people are excited to see its value grow even saying its back.

That decline after the first rally november 6th is when a whale came in to drop the price.

I understand there are ups and downs.

My algorithms are already running and doing their intended work.

At one point I had resistance from the whales.

But I finally nailed it and observed some backing off.

The system is working but I still need 1 more weapon one my side to make it complete.

At the very least I would very much like to experiment with it and see the results.

RickDeutsch

Kind of a novice but I think if there is something that could be put in place to detect irregular activity that could help combat volatility or being stuck in the mud it may make an investor feel more comfortable.

LukeSkywalker

Here are some negative quotes from the forum:

<<The cruption voice is herd and they
Let it go yes you have been reported to the UK government as a stock that is been manipulated and should not be allowed so let it rise naturally>>

<<How this coin can not get past .04 and stay there is absolutely ridiculous! Could have made a bunch on bitcoin or others but have stayed true til this point with xlm!
Won't make any final decisions til after the 1st of the year, but I have a shitload of Lumens (Now 800k with purchasing more thru all the big dips recently) im getting ready to go in a different direction with. ?
The only reason I have stayed this long is the good news.....and I don't need the money right now,,, lol>>

<<!@#$%, every time i check the sell status, I always see at least 1 big sell books. usually at least 25 btc.

0.00000471 5532570.42452555 26.05840670>>

<<Do you think there is price manipulation going on ? I always see about 25 btc on Polo selling chart. That's very strange to me.>>

<<Darth sorry mate I am coming to the conclusion this coin Is been manipulated to much you said you had reported this to stellar and yet nothing changes I have put this on twitter now and think we should all contact dowling of IBM let him know what we feel and see if IBM still go along with this>>

<<Yeah. What's going on with Stellar over the last weeks. I am going to hodl but it would be nice if it moved up bit by bit. Luke does Jed need to go see Yoda?>>

<<Same thing happens in STR/BTC parity in Poloniex too. There is a smaller walls about 5 BTC and bigger walls about 20-25 BTC after couple of higher orders. That is why I wanted you to check it out STR/BTC parity too..>>

<<The bot makes an order in both side of book. Generally, a smaller 5-10 BTC in close prices and 20+ BTC in higher prices. He manipulates the prices and doesn't allow pumps and dumps except the ones that he does itself. He removes all the walls and pump it with supporting the buy wall with huge amounts.>>

<<Wow Xlm is so heavily manipulated with pump and dumps. Someone needs to moderate that, either the community or the team.>>

<<We are the people, we are sick and tired of whales stealing from us. They are the 1 %. Not because they smart but rather where they were born. Born already rich.......And now, let us use our brain and knowledge to become the next 2 percent and show these rich MF's that average person can replace them in any profession. Anyhow, tomorrow by 4 pm, i will submitt new XLM manifesto and hope to get some average Joe's ideas and propositions. BY 4 PM.>>

<<is it Always going to be when bitcoin goes up stellar goes down?this way we will never leave the 400-600 range>>

<<Getting crapped on by bitcoin as usual!>>

<<gods are transfering their money from left pocket of the pant to right... in order to fxck investors on btc

and we are watching... this is the biggest hype ever seen... anyway btc is reaching the tech targets ... with no effect on xlm and xrp>>

<<Wow you were right when you said if we messed with the price and made it go up and down, the idiots would all leave the forum. What should we do to the price now that they're gone? :-)

Projection is a natural primitive human tribal emotion, it is never our fault, it is always somebody or something else. But that doesn't help you analyze trades, it just sends you farther down the rabbit hole. Let go of your feelings.>>

Quotes from money whale:

<<And so, the clever whales continue to slightly drop the price of the precious lumens.
Prepping for the big launch. Incoming pumps soon. Don't mind the tiny dumps. Just trying to buy a couple more
cheap before the take off.

Edit: alright, getting off to finish preps with the other whales. See you all in a couple hours. Well, those of you who got on board at least. Again, don't mind the tiny dumps from our end. bigger pump will make up for it. Please stay buckled in and prepare for blast off. Thank you for Flying Air Whale folks!>>

<<The only money I care about is mine! >?
Edit: Preparing to pump and dump the holy hell out of XLM at .04000! WOOOOOO
Edit2: AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
Edit3: I don't care about the whole "its the future of money maaaan" BS, I care about the money
in my pocket right now! Give me all that good shit! >?
Edit4: Get in my pocket money!
Edit5: I'm going to need some bigger pockets boys!
Edit6: EVERYONE GET ON BOARD WHILE YOU CAN! In a couple hours, its goin to be PUMP and DUMP season! >>

<<Attention all Whales!
I summon you to feast upon this fresh meat of pumped lumens this fine fine evening!
Get em boys!>>

<<IM A BIG ASS MONEY WHALE ?
My lumens!>>

I had to stop here as it was taking too much time to scroll back. I wanted to show you a guy who was 15k in the red after the 2nd moonshot in october but I hope it gives you an idea. this is the last 2 weeks.