Steem Stabilization Project[part 3] by cmtzco

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steemit · @cmtzco · Jun 17 '17 (edited)

$115.74

Steem Stabilization Project[part 3]

100% of the SBD this post raises will be sent to poloniex to stabilize the price off STEEM.
This is a project Co-Started by @cryptohustlin

A screenshot of this weeks trades[9200 STEEM total volume]:
![2.png](https://steemitimages.com/DQmYvoERDAQr383jHov9tkTLwiuR1mjQ5aquzuw9dgCQYmo/2.png)
Our balance.
![1.png](https://steemitimages.com/DQmYiQajbBzY6U1o3jWjJwsHCKWe2QKu87q7CCdYZC9HzuR/1.png)
Here is a picture of some of our open orders(350 total open orders)
![3.png](https://steemitimages.com/DQmUX2LVBJNNXqP17W2M62gSRBbCwhGcMDEYcq3XXsPNhg3/3.png)

What do we propose?

You simply upvote this post. We have a market making(a trading strategy) bot built out for STEEM on poloniex and by adding your donations in the form of upvotes to the bot, we could potentially stabilize steem quite a bit.

So what is market making?
Market making is when someone who places bids(wanting to buy) and asks(wanting to sell) on a product in an attempt to make profit. A by product of this activity is decreased volatility in the market(more stable prices).
http://www.investopedia.com/video/play/role-market-maker/

It doesn’t take a lot!
This project was kicked off by 120$ worth of steem / bitcoin donated by @cryptohustlin, Since market making constantly is buying and selling, the amount of volume you can do with very minimal amounts of money, make this strategy for stabilizing steem great!

Our Code.
https://github.com/cmtzco/steem_mm
We have decided to share our code with everyone so anyone who wanted to play around with it or use it was able to. Keep in mind this bot does trade with and can loose REAL MONEY. We are not responsible for any bugs in the code, how you choose to use this software or anything that could arise form running this software. The current code will trade with your entire BTC and STEEM balances on poloniex and bittrex.

👍 kingscrown, donkeypong, randowhale, inv, fminerten, steempty, neoxian, boatymcboatface, rossco99, kevinwong, the-alien, rc3, minnowsupport, theshell, fmooo, cian.dafe, reported, acassity, cryptohustlin, alchemage, mandagoi, berlinmoonlight, royrodgers, mrainp420, cmtzco, dhenz, martinshkreli, ihashfury, claudiop63, onefas1984z28, miketr, aggroed, v4vapid, writingamigo, jef4ec2023, danielsaori, oneshot, coinhawk, swolesome, miserableoracle, steemsupport, krystle, ijoel, freedomnation, fisteganos, raymondspeaks, benjamin.still, lances, maninayton, fatpandadesign, waphilip, jsantana, goingmobile, lexikon082, barbara-orenya, nybble, banjo, cloh76, ethical-ai, swelker101, gruppler, rouketas, readmore, beng05, and 53 others

`author`	cmtzco
`permlink`	steemit-stabilization-project-part-3
`category`	steemit
`json_metadata`	{"tags":["steemit","minnowsunite","minnowsupport"],"users":["cryptohustlin"],"image":["https://steemitimages.com/DQmYvoERDAQr383jHov9tkTLwiuR1mjQ5aquzuw9dgCQYmo/2.png","https://steemitimages.com/DQmYiQajbBzY6U1o3jWjJwsHCKWe2QKu87q7CCdYZC9HzuR/1.png","https://steemitimages.com/DQmUX2LVBJNNXqP17W2M62gSRBbCwhGcMDEYcq3XXsPNhg3/3.png"],"links":["http://www.investopedia.com/video/play/role-market-maker/","https://github.com/cmtzco/steem_mm"],"app":"steemit/0.1","format":"markdown"}
`created`	2017-06-17 19:06:12
`last_update`	2017-06-17 19:09:18
`depth`	0
`children`	9
`last_payout`	2017-06-24 19:06:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	89.851 HBD
`curator_payout_value`	25.892 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,845
`author_reputation`	1,876,603,009,707
`root_title`	"Steem Stabilization Project[part 3]"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,117,039
`net_rshares`	5,582,518,358,780
`author_curate_reward`	""

properties (23)vote details (117)

voter	rshares	pct
fminerten	395,053,190,083	28%
fmooo	30,520,768,064	28%
steempty	331,168,864,833	28%
ihashfury	5,638,409,013	28.98%
rossco99	235,295,578,806	42%
boatymcboatface	251,288,296,320	42%
donkeypong	910,866,041,204	100%
kingscrown	1,329,483,656,269	42%
cian.dafe	30,336,381,969	100%
kevinwong	226,889,866,956	19%
theshell	32,755,422,239	42%
the-alien	165,644,676,099	100%
acassity	21,113,095,598	100%
cmtzco	7,237,919,183	100%
neoxian	320,939,297,601	100%
tommyquest	268,165,404	100%
cloh76	383,790,692	3%
raymondspeaks	979,200,444	15%
krystle	1,057,415,283	1.5%
rouketas	343,364,480	18.1%
cryptohustlin	17,119,189,499	100%
claudiop63	3,903,935,870	4.5%
reported	26,975,548,458	100%
miketr	2,974,157,244	50%
inv	414,700,526,808	28%
alchemage	12,170,228,876	100%
zeartul	105,476,152	3%
jsantana	677,202,643	1.5%
aggroed	2,817,479,319	1.5%
ethical-ai	370,114,316	15%
badman	112,126,743	100%
benjamin.still	930,489,936	15%
yuriks2000	96,065,383	7.5%
jhermanbeans	234,115,994	1.5%
lexikon082	616,627,673	15%
wearechange-co	241,666,308	100%
royrodgers	8,953,548,892	100%
miserableoracle	1,245,607,567	100%
dianargenti	136,605,572	1.5%
jef4ec2023	1,667,392,950	100%
thomasp	146,597,753	100%
writingamigo	1,683,024,333	42%
v4vapid	2,633,763,262	7.5%
swolesome	1,345,877,186	15%
fisteganos	979,916,052	4.5%
stefan.steynberg	151,439,071	15%
maninayton	776,387,031	3%
lances	807,549,668	3%
banjo	459,969,838	18.1%
oneshot	1,373,784,435	100%
varunsangwan	305,452,656	7.5%
danielsaori	1,394,438,599	15%
oluwoleolaide	182,929,754	15%
sandstorm	172,170,193	1.5%
awesomianist	114,752,052	1.5%
goingmobile	671,493,359	7.5%
ehiboss	229,712,325	15%
fingersik	300,886,055	15%
markwhittam	244,219,764	15%
velimir	223,685,563	4.2%
dreamiely	76,901,471	15%
thecrazygm	95,887,699	15%
choogirl	150,557,889	3%
rc3	123,942,630,925	100%
dhenz	6,971,933,463	100%
imoutdoors	142,908,200	100%
gruppler	363,155,152	15%
onefas1984z28	3,667,840,987	100%
waphilip	697,136,408	15%
akrid	110,318,031	15%
albertvhons	80,154,134	1.5%
barbara-orenya	597,036,782	100%
scrooger	302,638,540	15%
whatamidoing	119,766,368	4.5%
mandagoi	9,897,620,195	50%
chris-iv	0	100%
jeanelleybee	269,653,005	15%
codingpanda	269,415,484	15%
lenadr	67,694,903	3%
freedomnation	990,668,403	40%
goldgoatsnguns	145,725,683	7.5%
nybble	519,182,721	15%
ijoel	1,010,447,351	100%
beng05	322,290,707	15%
shellyduncan	239,305,915	1.5%
readmore	335,193,316	15%
coinhawk	1,362,699,166	15%
swelker101	369,264,442	15%
qwasert	107,896,718	3%
scrilla	201,196,935	100%
mrainp420	8,812,916,480	100%
eliran6	151,756,100	100%
fatpandadesign	762,877,397	15%
tizswa	235,450,568	4.5%
berlinmoonlight	9,273,549,617	100%
greatgama	149,121,600	100%
randowhale	522,891,062,639	20%
minnowsupport	69,056,028,007	15%
martinshkreli	6,963,422,066	100%
jeffreylikeyou	220,534,604	100%
tontonbeats	272,766,383	100%
everythingisgood	308,287,032	100%
roryd123	278,569,717	100%
steemsupport	1,125,885,479	100%
padreee	278,569,252	100%
eddieojeda	255,354,955	100%
ahmeddalmar	272,765,199	100%
miroslavrajh	272,765,000	100%
odochydanielle	0	100%
elberteduardo	0	100%
kaleem345	0	100%
bsloba	0	100%
redeauxtech	0	100%
jie28	0	100%
baksi	0	100%
vikaskaladharan	0	100%
nicksongarcia	0	100%

@freedomnation · Jun 17 '17

$3.75

Just hodl Steem until the storm is over people. Or until Steem reach the safe-zone price. That's over 2$ for now. Steem needs to break away from Bitcoin price drop whirlpool. Once that happens, it will be more safe to trade.

👍 good-karma, xeldal, cryptohustlin, cmtzco, feruz, freedomnation, miroslavrajh, waphilip, esteemapp, bounties, steempoll, demo, carlos-cabeza, tipping, thecrazygm, mysteem

properties (23)vote details (16)

voter	rshares	pct
xeldal	61,876,590,347	0.3%
carlos-cabeza	155,333,898	3%
good-karma	99,395,654,771	3%
cmtzco	7,410,250,593	100%
cryptohustlin	17,581,870,296	100%
mysteem	84,096,626	3%
demo	161,915,566	3%
feruz	1,519,449,113	3%
esteemapp	189,374,990	3%
bounties	172,445,075	3%
steempoll	167,384,589	3%
tipping	152,130,642	3%
thecrazygm	95,887,699	3%
waphilip	199,181,830	3%
freedomnation	941,134,982	40%
miroslavrajh	272,765,000	100%

@cryptohustlin · Jun 17 '17 (edited)

$0.56

This project isn't aimed at profitability althou it can be very lucative. This project is aimed at stabilizing steem even at a loss.

👍 cryptohustlin, cmtzco, freedomnation, miroslavrajh

`author`	cryptohustlin
`permlink`	re-freedomnation-re-cmtzco-2017617t22646823z-20170617t210359845z
`category`	steemit
`json_metadata`	{"tags":["steemit"],"app":"steemit/0.1"}
`created`	2017-06-17 21:04:03
`last_update`	2017-06-17 21:05:12
`depth`	2
`children`	1
`last_payout`	2017-06-24 21:04:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.533 HBD
`curator_payout_value`	0.027 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	132
`author_reputation`	35,183,938,577,926
`root_title`	"Steem Stabilization Project[part 3]"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,124,339
`net_rshares`	27,209,188,553
`author_curate_reward`	""

properties (23)vote details (4)

voter	rshares	pct
cmtzco	8,825,091,595	100%
cryptohustlin	17,119,189,499	100%
freedomnation	992,142,459	40%
miroslavrajh	272,765,000	100%

@freedomnation · Jun 17 '17 (edited)

$0.65

I'm not talking about profitabily but a stability of Steem price so the volatile market prices can't have an impact on Steemit community. Nice iniative though. Markets are becoming insane.

👍 cryptohustlin, cmtzco, miroslavrajh

properties (23)vote details (3)

voter	rshares	pct
cmtzco	8,825,091,595	100%
cryptohustlin	23,547,936,492	100%
miroslavrajh	266,961,490	100%

@miroslavrajh · Jun 18 '17

$0.18

good advice , tnx

👍 cmtzco, miroslavrajh

`author`	miroslavrajh
`permlink`	re-freedomnation-re-cmtzco-2017617t22646823z-20170618t175842163z
`category`	steemit
`json_metadata`	{"tags":["steemit"],"app":"steemit/0.1"}
`created`	2017-06-18 17:58:57
`last_update`	2017-06-18 17:58:57
`depth`	2
`children`	0
`last_payout`	2017-06-25 17:58:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.144 HBD
`curator_payout_value`	0.036 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	17
`author_reputation`	3,972,553,680
`root_title`	"Steem Stabilization Project[part 3]"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,194,691
`net_rshares`	9,092,053,085
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
cmtzco	0 B		8,825,091,595	100%
miroslavrajh	0 B		266,961,490	100%

@miserableoracle · Jun 17 '17

$0.69

Count me in..!! ^^

👍 cryptohustlin, royrodgers, cmtzco

`author`	miserableoracle
`permlink`	re-cmtzco-steemit-stabilization-project-part-3-20170617t191540919z
`category`	steemit
`json_metadata`	{"tags":["steemit"],"app":"steemit/0.1"}
`created`	2017-06-17 19:15:54
`last_update`	2017-06-17 19:15:54
`depth`	1
`children`	1
`last_payout`	2017-06-24 19:15:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.600 HBD
`curator_payout_value`	0.087 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	18
`author_reputation`	1,655,543,921,926
`root_title`	"Steem Stabilization Project[part 3]"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,117,716
`net_rshares`	33,310,657,574
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
cmtzco	7,237,919,183	100%
cryptohustlin	17,119,189,499	100%
royrodgers	8,953,548,892	100%

@cmtzco · Jun 19 '17

Thanks for being a part :)

properties (22)

`author`	cmtzco
`permlink`	re-miserableoracle-re-cmtzco-steemit-stabilization-project-part-3-20170619t043109750z
`category`	steemit
`json_metadata`	{"tags":["steemit"],"app":"steemit/0.1"}
`created`	2017-06-19 04:31:12
`last_update`	2017-06-19 04:31:12
`depth`	2
`children`	0
`last_payout`	2017-06-26 04:31:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	26
`author_reputation`	1,876,603,009,707
`root_title`	"Steem Stabilization Project[part 3]"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,230,933
`net_rshares`	0

@randowhale · Jun 17 '17

$0.60

This post received a 20% upvote from @randowhale thanks to @royrodgers!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!

👍 danknugs, cmtzco

`author`	randowhale
`permlink`	re-steemit-stabilization-project-part-3-20170617t194620
`category`	steemit
`json_metadata`	"{"format": "markdown", "app": "randowhale/0.1"}"
`created`	2017-06-17 19:46:21
`last_update`	2017-06-17 19:46:21
`depth`	1
`children`	0
`last_payout`	2017-06-24 19:46:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.568 HBD
`curator_payout_value`	0.027 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	213
`author_reputation`	47,657,457,485,459
`root_title`	"Steem Stabilization Project[part 3]"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	5,119,756
`net_rshares`	28,811,103,785
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
danknugs	0 B		19,986,012,190	2%
cmtzco	0 B		8,825,091,595	100%

@steemsupport · Jun 22 '17

$1.29

Nice initiative! You will not move the market much but you will buy some STEEM wich is awesome!

👍 cryptohustlin, royrodgers, mrainp420, cmtzco, cardboardbox

`author`	steemsupport
`permlink`	re-cmtzco-steemit-stabilization-project-part-3-20170622t175740934z
`category`	steemit
`json_metadata`	{"tags":["steemit"],"app":"steemit/0.1"}
`created`	2017-06-22 17:57:42
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`curator_payout_value`	0.257 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	95
`author_reputation`	12,793,944,909
`root_title`	"Steem Stabilization Project[part 3]"
`beneficiaries`	`[]`
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`percent_hbd`	10,000
`post_id`	5,660,285
`net_rshares`	101,540,250,134
`author_curate_reward`	""

properties (23)vote details (5)

voter	rshares	pct
cmtzco	11,163,601,575	100%
cryptohustlin	54,237,762,408	100%
royrodgers	21,316,441,056	100%
mrainp420	12,870,243,689	100%
cardboardbox	1,952,201,406	100%

@cmtzco · Jun 22 '17

The plan is that with every update we gain earnings to feed the market maker to hopefully one day be a major player.

properties (22)