Bitcoin Forum

MOD EDIT:
99.9% sure this is a scam

MOD has the right to do the above...HOWEVER We Stand By Our Words! At this point is a he said/she said issue...so why not let people judge this on their own and REPORT back!!

OP UPDATE:
Results of the Contest Come on August 14th, 2013.

Hello everybody!

I want to let everyone know about the 1st Bitcoin Robot Contest!

BRZ Media Group is giving away 7 Licences of this Bitcoin Trading Software!

We Are Giving Away 7 (SEVEN) Free Copies of BTC Robot!

4 Silver Licences @ 149 each

2 Gold Licences @ 248 each

1 Platinum Licence @ $498

Enter The Contest & Win Your Copy!

UPDATE
I will place the link again...in the hopes that people come to senses and realize THIS IS NOT MY PRODUCT/SOFTWARE. We only run this contest a PROMOTIONAL METHOD!

MOD..why dont you sign up for the contest and see for yourself!!

***http://bitcoinrobotreview.com/btcrobot (http://bitcoinrobotreview.com/btcrobot)***


PS. Thanks for NEG REP...proves how open minded people are!

Really suspicious, mr brand new....

Why suspicious?

This is NOT my product....i only run a contest for the 7 BTC Robot copies!

This is a Bitcoin related forum so my post is highly related!

It's suspicious, because you are new here. And new people are always highly suspicious for scamming.

Let me say this again!

I do NOT sell anything..so how would i scam anyone?!

I am conducting a promotional campaign..as simple as that!

And if me being new is a sound reason to be afraid of my "scamming" ...one could just ignore the thread all-together!

Internet and Forums boards were created to post opinions, news and discuss all sorts of buzz around a particular subject!

How else would i let people know about a certain promo (in this case BTC Robot contest) if not by posting to related forums?

 ;)

Cheers!

PS. I do understand your concerns about newbies...more often than not they are the ones to try to scam people..however i explained my position and what i do! Hopefully you wont feel i am a scammer anymore!

Everyone can say that.

Well i tried talking reasonably...since you dont accept that...please ignore me in future!

Deal?

It is not a constructive discussion when one party REFUSES to see other points of views!

I'm not refusing, I'm just arguing.

more like trolling lol

+1  ;D

I won't say anything about the fact that this member is new and has only a couple of messages posted here but i'll say YES this website is a scam and if you want reasons here they are :


All websites claiming they have secret ,limited, exclusive offer to get rich are scam

All websites that claim they 'll offer you some stuff worth $697 for FREE are  scam

moreover this website says :

No Commissions : that false if you use a trading bot to trade bitcoin you'll have to pay commission somewhere ! (mtgox, btce, bitstamp they all have commisions)

No Sending of Documents : false , you'll need to send document to trade anything even forex (unless you find some weird , shady exchange)
No paperwor : you'll need to make paperwork to open your account and you might need paper work to fund your account.


and well...yes that's your first post here

Damn, that whole website screams:

Definitely a scam. Have a look here https://bitcointalk.org/index.php?topic=268533.msg2916488#msg2916488

We dont claim to have any secret method to get rich. Those are BS. Forex trading books or course are METHODS...not facts!

About your moreover part: Not my robot..not my rules!

And yes ..it was my first post here! So?...if i had waited until 100 posts and made this thread...you think people would have been more willing to trust? A preconceived notion is a preconceived notion!

====

~

~~~~~

Obviously the fellows above are afraid of competition (look at their usernames)!

Dont worry guys...competition is healthy...but you MUST play by the rules!

DIXI

This looks like a scam because the website basically talks about making free money without ever specifying how it's done.

If it sounds too good to be true, it probably is.

Why would i be afraid of you? Lol.

Can you unprove the scam?

Give some licences to reputable people on the forum to prove you are legit. Let them review this "Bitcoin Robot" I'll be happy to review this software if you wish.

Another point for the scam-o-meter, when I searched "bitcoinrobotreview.com" there was no other mention of this website on the entire forum.

No, BtcRobot is not a scam. The robot is a solid automated trading software for BTC-e.

It can work on both Windows PC or Trading VPS (web based).

It works as advertised and produces conservative steady profits.

Yes, the team uses pen names and put google images as our pics for obvious privacy reasons. So what? Nobody puts their real pics in bitcoin. The whole idea of bitcoin is about privacy and staying anonymous, isn't it?
The payment processor we use is what matters. It is solid and has a full 60 day guarantee.

P.S. There are way too many same topics opened for it here, if you have questions just PM me or support.

Anybody got one yet? If the BTC Robot servers are overloaded there ought to be hundreds out there.

Interesting that there don't seem to be any more bots on BTC-e than usual...

Yes, our servers are overloaded but we are working on it. We'll be back shortly.

Amazing. What foresight you guys had to be able write the email in advance.

Still don't see any new bots on BTC-e though. When are you actually starting them trading?

maybe im wrong??  the has scam all over it.

Of course Btcrobot is not a scam. Why would we be? we don't accept any money or deposits, we only sell you software license. You are trading independently at BTC-e like you would trade manually or with any other system.
We also have a full 60 day money back guarantee.

If you have questions PM me or send support email

http://anonymouse.org/cgi-bin/anon-www.cgi/http://img547.imageshack.us/img547/1578/k3vi.png


P.S. We are still hammered by a strong DDOS so our site is slow at times. It does not affect your trading VPS as they are on different machines but salespage could be slow.

Maybe the other scammers try to compete with you and DDoSing  :P
This website really looks like a scam. Be warned  :o

Trust: -5: -1 / +0(0)
Warning: Trade with extreme caution!

Your words mean nothing!

OK guys. Maybe this is a scam. However I can confirm that the thing at least connects to the BTC-e and does some trading there. As my account on BTC-e was only funded with BTC it hasn't done much. It only bought two dollars or so. I am quite happy it is not buying dollars now as the BTC is on downward path. We'll see how it goes. I thought I'll give it a try. I have thought about a trade-bot for a long time so out of curiosity I bought a licence.

So if they are scammers they have at least gone into some trouble to connect to the API and crate an easy interface.

BTC-Robot team: You should not state that the initial funds on BTC-e are Profits. That's misleading and only supports the scam theory.

I'll post again in some days to tell you how it is going.

Simon

Hi Simon,

What are your findings about the robot until now?

Grts Scosa

Lel. I believe that Simon is an alt created to make us believe in this "program". I will only trust this if a high ranked member tries it.

That is normal.

Regarding the robot's seeming lack of activity, sometimes this is
quite normal, especially if the market is flat. The
robot is monitoring the markets 24/7 and is patiently waiting for the
proper timing to grab the opportunity when it comes. There are weeks
when it can make 10 trades in 1 day but sometimes, there are flat
weeks when price does not change much and the robot will patiently
wait without any trades at all.

The goal is to make profit, not to force trading for the sake of
trading.You don't need to sit on it and wait for trades. Leave it and
let it do its magic. You can check it once a month, but no need to
check and babysit it daily. You can also check Bitcoin price charts;
during flat markets, the robot is obviously passive and it's normal.
So, please be patient with it...


I may sound like a broken record but we are not a scammers.

 I am not saying we are best of the best in the world, we had our issues (DDOS attack on site,  then delayed orders because of the site unavailable) but we are honest developers who made a great product and we stand by it! It will not get you rich overnight but it trades and wins.



The BTC-e API does not let us separate if extra funds came from profits or from extra manual deposits. In case your account is clean and new, initial deposit is not counted as profit. However if you move money here and there and add more funds manually it can confuse it. BTC-e allows you to have multiple accounts. I would suggest using fresh acc and not interfere with the trading by manual fund movements.

P.s. I appreciate you took your time to review it and trusted enough to even join. I am sure if you trade long enough you will love it.

If you have questions you can send me PM or support.

No I'm not. I have no sorts of connection to BTC robot other than having bough a licence from them.

That is exactly what an alt would say. I am sorry, but I don't believe you.

+1

Simon has no affiliation with us but it is pointless trying to prove it or prove otherwise. Anyone can open forum account and any positive feedback for old timers will assume affiliation. This is just basic human psychology to be on alarm for anything new that comes out. That is normal. I bet when Bitcoin itself just came out most of these guys also cried it's a scam unless the majority of people accepted it.

Give it time. Peace.

Give it some time.. i believe once some people went over the initial fear and bought a license im sure the sentiment will revert

the maina ccount is now close to 6,000 usd plus .. was about 3,000 when we started out :)

feel free to stay and watch! And Simon greta oyu tookt he plunge.. youre our pioneer so to speak!

feel free to hit me up on skype: steve25m

glad to help and assist.

Steve

Is there any video proof it is actualy realy trading and not just faking trades to hide a ponzi?

You can see all trades it did in the BTCe account trade history. You can also see all orders which it placed. It looks like some initial problems were overcome. At least I thought it was good it didn't trade as long as the btc was going up that much. It will be interessting to see what will happen next.

We have a video but what you are saying also does not make any sense. We don't accept any deposits. The robot is trading YOUR account via API. what does it have to do with ponzi ??

Can I get a free license to test it?

If it is a ponzi scheme, you should get in early!  Though the advertising might be deceiving, I have yet to see any evidence that it's a scam. 

I woudn't enter a ponzi scheme even if i had a garuantee that a base will form below me.......If I liked robery i would target banks....at least i would rob from the rich, not from the fools

Guys, seriously.  We don't accept any deposits. The robot is trading YOUR account via API. what does it have to do with ponzi ??

No, but we provide 60 day money back guarantee + we publish our acc on site, you can follow it

Then I would call it a scam.
Nothing proves that you gave back money to anyone not satisfied, and that the account is your website is real

Thank you for your opinion. We accept Mastercard, Visa and Paypal. These guys don't work with a scam, everybody knows that you can do chargeback if money back system is not working. So it is all good.
As for free licenses, trials etc, we are not interested to work with the tire-kickers. We have real costs that we need to cover, especially on Gold/Platinum level where we also pay for your trading VPS...

Mastercard worked with Banners Broker, for example.....so yes they do (just saying this is no argument)




@ comunity: you think chargeback is easy/save to achieve? if that was the case there would be no risk to try it out

If you are so worried just give it a pass. Honestly, we don't force anyone to join. True, we are new to the market, but we don't scam anyone and if we did, there would be already tons of cries around the community. We develop a trading robot that may be not the best in the world, but it works and we stand by it.

sorry, but YOU caused all the scam talk with false pictures, and so on......I actually was trying to find out how to try out your product safe

I agree with capoiera here...

We understand that we can't please everyone and probably it's not for you then. I will stick with our clients who are happy with it. I am glad we have extremely low refund rate so far, after a week only 4% people are unhappy and the only reason is that they don't want to bother with depositing options to btc-e.

Here is the trading update

http://img43.imageshack.us/img43/7978/tluf.png

What did it start with?

It started with 10k 2 months ago. the profit is currently 66%

What would the profit have been if you had just bought $10k of bitcoins two months ago?

i replied somewhere in other topic... "buy and hold" strategy will bring you 30% profit during the same period with a drawdown of 30% when the price went down to 70 usd.

The bot is much more effective than "buy and hold" strategy because first of all, nobody can guarantee you bitcoin growth and secondly the bot is profitable on both down and up price movements. Moreover the drawdown never exceeded 10%.

I don't mean to sound accusatory.  I was just curious what the actual profit is vs. buy and hold instead of vs. hold cash.  I think it's a better indicator.

It's a scam folks. Read the relevant thread:

https://bitcointalk.org/index.php?topic=277180.0

I tried to buy the $250 account and my credit card company denied the transaction [thank you!]

Nowhere on this forum has anyone posted positive feedback other than people that are clearly sockpuppets for the scammer.

Be careful ! In retrospect I should have known better. A little careful research will prevent you from falling into these traps.  

So your card is declined and it means we are scam? Perfect logic sir.

Honestly, I am little tired of going in cycles about all these conspiracy theories and new trolls coming in this topic crying scam without any reason.

If you are serious about auto-trading bitcoin with our robot - feel free to contact me in PM or send us the support email.

Interestingly, I see that you registered to BitCoinTalk.org on August 12, 2013, 11:20:07 PM (though I'm not sure what time zone that applies for). That's not too long ago. As of my writing, you have made 5 posts so far.

https://bitcointalk.org/index.php?topic=280700.msg3001474#msg3001474

https://bitcointalk.org/index.php?topic=280565.msg3001522#msg3001522

https://bitcointalk.org/index.php?topic=280727.msg3002536#msg3002536

https://bitcointalk.org/index.php?topic=280727.msg3002569#msg3002569

https://bitcointalk.org/index.php?topic=268889.msg3032334#msg3032334

As the above was your 5th post, I gather that you are part of the SEO team that works for multiple clients, including BitCoin Robot. I think I can understand why they use your service.

I look on YouTube, and I can find people with similar intent. (http://www.youtube.com/results?search_query=%22bitcoin+robot%22) They are using product placement methods to advertise multiple products at the same time. I suppose that such is a cheaper way to spread the message, as well as leading to lower fees for SEO. I'm pretty sure there is no reason to directly admit this, but I figured I may as well let people know of the methods people have used to get attention for their products on the internet.

Was this addressed to me, kmarinas86? We don't have any SEO team working for us. However we have hundreds of affiliates who support us. You can contact me in PM if you are interested in affiliate program.

Ok. That's a small difference. I understand. It's similar to the old WebRing thing that I used on my old "kmar86" GeoCities website.

Here is our performance update:

http://img266.imageshack.us/img266/8606/7i7z.png

Looks like it made bad trades again.  Would have been better off without those sells.

Are you just trolling me ?  :D It works great and we are happy

It is a fake account, and you never won 7k usd...

Not trolling.  Just looking at the "last operations"  It sold some at 115/116, then bought at 120.  Seems like $5 of missed profit.

I think that:
- the prices displayed are the closing prices. So, it closed a sell order at 115/116, and closed a buy order at 120, but it might be wrong.
- it is not real trades, but invented ones.

I think the robot is programmed to be somewhere between bullish and bearish. So it sells gradually as the price increases and buys as the price falls. Or perhaps it's based on something more sophisticated, like calculating the rate at which the slope steepens and setting the buying minus selling rate to proportional to that (which might imply the need for such infrequent trades). As a robot cannot predict the future and shouldn't really make partial judgements about the fate of BitCoin, this makes sense.

Probably because someone just put money into the system, and at that time it was $120(.899) / BTC. Perhaps the bot decided it was better to allocate some of that new money to additional BitCoins rather than keeping them as dollars.

There are no "closing prices" on Btc-e. It works 24/7 (except for attacks, etc.), and for that matter, DDOS attacks don't automatically induce buy orders from victim accounts, now do they? Also, even if there were, "19:35" doesn't make sense as a closing time, so it must refer to something else.

marcovaldo, we dont "invent" anything. We already have about 100 members trading successfully ..

see from other member

http://img839.imageshack.us/img839/6981/syl3.png

Here are two VERY detailed videos made by one of our affiliates, btc trader Jonathan

Complete investigation video: http://youtu.be/2KnegJLhgeE

yes, he is affiliate but he really went extra mile showing all the process how it works in detail. Pros and cons in 19 min video review
+
and here is his update on what happened in 1 week. We are still trying to reach him, if you are here, Jonathan, please contact us and well done, man!

Update after 1 week video: http://www.youtube.com/watch?v=HFTdyGqLD24

Who got the 7 licence given?

If found more videos by another user of BitCoin robot:

BTC Robot | JUST BOUGHT | Bitcoin Trading Robot
http://www.youtube.com/watch?v=_m5Vv7yQ8us

Bitcoin Trading Robot | DAY 2 | Up $22.00 Profit
http://www.youtube.com/watch?v=3ryvc9qduoU

"Best of Trading bots to trade BTC on exchanges"
https://bitcointalk.org/index.php?topic=177867.0

If it was a perfect robot, they would not sell it but keep it for themselves.

http://thegermanbankersecret.com/bitcoin-charts
Claims that the BitCoin Robot works using arbitrage

A trading robot is only as good as its algorithm. Perhaps they have a better algorithm which they keep to themselves.

Love your trolling :) Always sharp and to the point.   

We have a great reply on that in the FAQ, let me just quote


Also nothing in the world is perfect. It's a good one and I am glad it works.

Yes Dean's review is really good stuff, thank you for finding it.

BTC Robot | JUST BOUGHT | Bitcoin Trading Robot
http://www.youtube.com/watch?v=_m5Vv7yQ8us

Bitcoin Trading Robot | DAY 2 | Up $22.00 Profit
http://www.youtube.com/watch?v=3ryvc9qduoU

Does your robot work with sites other than BTC-e?

The trading is done by API keys via BTC-e.com marketplace where you trade.
However also robot monitors mtgox and bitstamp as price filters!

Ok, sounds good. Thanks!

is there a real robot trader?

 sorry what?

Are you guys still successful with this?

Any updates for the bot?

Our topic is here

https://bitcointalk.org/index.php?topic=268533.msg3816371;topicseen#msg3816371

Updates are there too.

We are alive and kicking. looking forward to the next conference and developing new updates!

public acc is growing:
http://img69.imageshack.us/img69/1596/gz79.png