The bots have closed out their partial bitcoin position overnight at a rate of $2320.01 (incl fees).
We have now been pretty flat throughout this period of consolidation (for bitcoin) and outright decline (for many of the altcoins). This is overall encouraging given that the bots, at this stage, can’t go short. The Bots achieved an excellent return of >100% during the rapid bull run in April and May then over June and July pulled back and retained the large part of that profit. The ending profit is a little over 120%, and drawdowns have been extremely limited.
We are now intending to suspend the real-time experiment to allow the funds to be moved across into the AICoin ICO (http://www.aicoin.ico) but we will keep publishing here for more technical aspects of the bots performance once they start trading on behalf of the AICoin collective.
We also intend to publish further research results that we undertake and answer any technical questions on the models or architecture.
To tie up this experiment I am now pulling together the statements from the two brokers used (Bitstamp and Poloniex) and publish the statements as proof of the results achieved. Before doing this I will move the funds from Poloniex into Bitstamp so we are comparing like with like (the funds were originally deposited into Bitstamp).
Thank you all for following our experiment and hopefully there will be many more exciting and interesting things to discuss in the future.
— Wintermute —