Bitcoin Forum

I've come across this site:

http://www.btcrobot.com/

Looks slick and well produced. They are selling a Bitcoin trading robot for $150 +

Is this real or is it a scam? Has anyone tried this service / system?

Please reply and PM also if you have had any experience of this product - good or bad.
If it IS a scam - we need to let the bitcoin community know.

Of course we are 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.

If you have questions PM me or send support email

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.

too bad EMA based trading doesn't work, and makes less money than buy-and-hold. https://bitcointalk.org/index.php?topic=261086.0

We are not familiar with your contests Grue or your trading method so I can't comment on that.

However We do publish our account on site for those who are interested to follow without need to purchase.

screenshot:
http://img547.imageshack.us/img547/1578/k3vi.png

While 20% return might not be the "get rich overnight" style as you might expect, it DOES work.

I purchase btc robot by bitcoins but get nothing more than 24h,no mail,no account,no software,no reply when i asked what happened with my btc,nothing...

you wrote "I have silver plan for almost two months and doing great.". Regarding your additional robots, please send email to support, I cant help you on forum without order details and other private info.

Yes,silver plan doing great doubled me money for month and half,but this payment system for buying robot in bitcoins rob me for amount of 250$

Trading on a VPS ? Oh dear..

This thread is strange.

As a developer, you would know that if you are automatically trading on someone's trading account, that your software would have access to their account password and login name.
So, in terms of whether this is a giant scam or not, it would be disingenuous to not discuss that as an obvious weakness.

You might be legitimate, and if that is true, then I hope your system works and you do well. But as it stands from my perspective, there is no guarantees while the software has that kind of access to people's trading accounts. More verification would be needed about the software and the developers. One way you could add credibility is to show a video of your development team, introducing themselves and talking about the product...etc... And even that is only a start for what kind of verification I would prefer.

Another idea would be to go live on a website with your trading system... Showing or even selling live trading signals as alerts to people. If the signals worked, I'm sure many people would buy the signal subscription. If they didn't work, then that would be a fundamental problem.

Of course it is not true.  Please kindly learn more about the API before drawing false conclusions

The robot is trading via API keys and have no access to your login or passwords.

You can read more about API here https://btc-e.com/api/documentation