Bitcoin Forum

Nowadays Trading has become so hard for one to make money on. I am talking about Pro traders
Newbies stand no change. That's why we decided to launch alpha Machina. World's 1st 100% Auto
Trading Bot. This one is actually 100% auto unlike other bots we dont claim fake features.
With our bot you only have some funds in your exchange account and connect the API key.
Leave the rest to us. although we cannot access customers funds we still make a profit in
your account. That's the uniqueness of our business. With our Trading Bot Anyone from a newbie to a pro trader can earn big and good profits. We have
over 50 pro traders around the world that are constantly monitoring the crypto market just to make
every trade of yours successful. Connect with us to know more! We are to launch the Trading Bot
Soon to every country in the world. Stay Tuned Guys! Just like how Microsoft Revolutionised OS
IBM revolutionised Storage, Intel Revolutionised Computing Power. Just Like that Alpha Machina will
Revolutionise trading forever. Stay Tuned guys! This is one of the first update to the community there will be
lots more coming in the next weeks ahead of us.

Thanks for your time!

Seems like a scam probably by front running users orders.


Your bot is also not the first 100% full auto bot on the market.


Warning flags.

New account
Very limited details about the product.
No track record
No screenshots
No results shared.

Never put your API key into any software you are not 100% comfortable with.
They can track your orders and front run you or if your not careful withdraw your funds..

Stay away.

Red flag for me is always obvious: when you've got hyperbole like "revolutionised".

The hallmark of ICO scams and defi bullcrap is to use such words that never once made an appearance in any Bitcoin documentation.

Other red flags are outright lies like:
- world's first
- uniqueness
- 10 BTC bug bounty -- now that's the kicker, they've got $400k to offer, and can't even afford a proofreader.

Forever word is always use by scammers and also mostly they promise a to good to be true profit just like what you do so we conclude that this is the same as what scammers offer since I'm sure that there's no guarantee on everything we do especially on investing. And you cannot get any victim if you plan to scam since most of the forum users here are aware of scams since for several something like that happen here many learn their lesson thru the experiences of other victims.

Hey Guys,


I know it sounds like a scam. But were are still under development. We have companies in Thailand, UK and Australia. We are a new player in the market. So just sit tight. and I will be sharing lots of things regarding the authenticity of the project. We are even going to publicly publish our Crypto Trading Licences and the team KYC report on our website along with physical offices with employees. You can walk into our office and discuss whatever you like. I know it sounds too good to be true but I guess time will speak for it self. And this trading licences I am talking about, even binance doesn't have them. If you check the news recently in australia binance was banned for future trading due to not having correct licences to operate. But we have all the correct licences. So Once again please dont mark my project a scam there are 6 of us in the team who have worked day & Night since 2020 to create a marvellous invention. But as I said you don't have to believe me as time passes we will prove our authenticity ourselves :) Oh and this is a new account because it is under the company's name. My old account parththakor66 is about a couple of years old

Nothing you are saying would fill anyone with any confidence.

1. Company registration numbers?  if your a physical office in the UK you will have one..

https://find-and-update.company-information.service.gov.uk/

2. crypto licence?  Why would you need something Binance don't even have? what is the purpose of this Licence you speak of?

3. "worked day & Night since 2020 to create a marvellous invention!"  Not even a screenshot of it or any more info? yet you have been working on it since 2020?

4. "binance was banned for future trading due to not having correct licences to operate. But we have all the correct licences"

Incorrect Binance restricted users from location where regulation states they must be regulated to offer futures / derivative products to users.
They were not "banned"  by anyone.

Furthermore why would you need a futures and derivatives certification if the users are trading futures? you said you have no access to user funds so why would  you need a licence for this

You also claim a bounty of 10 BTC which I highly doubt.

Your getting a red flag from me because none of what your saying makes any sense what i think your trying to do is get users to give you api keys so you can either dump shit onto these accounts or steal there money!

Until you come with proof of service and software the red flag shall remain to protect users of the site.

After I check some main details I cant be sure but you need to prove yourself and give proper results and proofs. Cant give red flag now but you need to do it and present much better, this is not full.

You know, it is very easy to verify that you are running a legitimate project and not some scam. You are saying that you are putting up a 10 BTC bounty.. but you do not show proof of funds with a reputable escrow.  ;)  Just put the money up with a reputable escrow and we will know that you are not another snake oil salesman.  ;D

Legitimate businesses do not "market" a new product, with ZERO proof of concept (screenshots / Beta software / License information / Physical address / Contact details... etc.)  ::)

Instead of trying to prove your point, promote your project using some facts eg add a screenshot, links, credible user experiences or anything that can reinforce what you are saying.
Secondly, the guarantee of profit is not a good sign to be trusted, but on the contrary, it is a negative indicator because it either means that you are a scammer or a Ponzi scheme so that scam will happen at some point.

Finally, there are many reliable alternatives. You need something impressive to get people to trust you.


Overall, why not put money in escrow and let one of us try your trading bot?

  I will go a bit further and say I believe it is the best bot ever made and will beat anything in existence.

but if it is true  then it would only be able to tie  the same version of itself so the op sells a few hundred thousand version of it and all players are back to square one.

It is as if we are all running a marathon and we all get self driving teslas set to the same settings essentially we all end up in the same spot.

At op if you have a truly great bot mass marketing of it simply dilutes it and makes it worthless.

You need under 5 buyers and to get big bucks for the 5 sales.

Not thousands and dilute it greatness.

If indeed it is truly great.

???
https://bpip.org/search.aspx?q=parththakor66 There's no such username in this forum.

Even it's better than nothing, but I wouldn't really believe with screenshots since it can be doctored.

I would like to see if you dare to give someone use your bots in multiple market conditions especially in downtrend to see the credibility.

Do you know how easy it is to prove your authenticity if you really want and pretty fast?
You claim you are offering a bounty worth 10 BTC, you could start by signing a message from an address that has 10 BTC and then find an escrow or multiple ones that will hold that sum, easy as pie, can be done by tomorrow morning.


Yeah right, so what would that API do?   ;D

I wonder how this scam will go from this, it's obvious there are no 3 companies, 10 BTC, and so on and on, so my bet is on a one-page WordPress website where you can buy a bronze, silver or gold package that promises you 300% APY. I don't see anything more elaborate coming from OP, despite his claims about API keys and trades and whatever.



There is one on freelancer (https://www.freelancer.com/u/parththakor66), which does have a few resemblances.

Well, if it's a trading bot then it will need API access to the exchanges it works with. That part sounds legit. We use that for Forgotten Crypt as well, although we are working on an API-free alternative as well.
Most exchanges let users customize what the API key will allow. Most certainly nobody should provide API keys with transfer/withdraw permission to any app, human, or cyborg!!

Hey Guys,


Thank you all for your opinions.
as I said I will be bringing you guys lots of proof and
information in the coming days. As i had said earlier
we are in very early stages. and yes as someone had said
i will definately be giving you guys trial access to our bots
so that you can try it out and see it for yourself
our development team is working day and night and we predict
the trading bot to be fully developed and funtional either
by end of november or mid december before christmas

Creating an API key that does not permit withdrawals is simple.
The issue with anyone making a claim about a trading algorithm or BOT is that it is very easy when training models to unintentionally 'overfit' the model. Overfitting is when the model which is trained on historical data returns near perfect results because the model has all the information it needs from the past to create a perfect outcome.
To prove the quality of a model you need to output actual trading results that are then confirmed by a disinterested third party like a crypto-knowledgeable auditor.

Bull shit all scamers. If you have such a broad setup many offices and anonymous team. Wow! Now a days probably all available bot gives free subscription . You are trying to sell you coins here by making fool. See the first line 500 percent discount. Hahahaha anyone can tell me 500 percent discount. Bull shit ponzi schme. It could be 100 percent. If it's growth you can say 500 percent. But discount 500 percent. Dude go and learn mathmatics first . You are trying to attract people here. If your products have such legtimate you don't need to create such lucrative scheme. Don't make fool here.

---

This seems to be like a royal q scam concept. You did not mentioned much about bot. No trial. Profit sharing with user. User have 100 of bots in market in your comparison. Like  bitsgo, zignaly, trade santa, bitsgap, altready, croniex, many more who gives better service from you why someone go for your such fascinating schme. I feel this is just to sell token. I give red flag.

[moderator's note: consecutive posts merged, fixed broken quote]

no, thank you for your time! this is exactgly what I've been looking for. a way to make money without doing any work. i dont consider setting up a bot on an exchange real work if that's ok :D tis is going to be amazing. i can't wait to start making money on autopilot. i hope there's no risk.

LMAO!

Not much of a team if you've been working for so long day and night and achieved nothing to show, IMO. Probably made no honest money either so it equals to voluntary slavery, at best!

And then this: coming days ... end of November ... mid December ... before Christmas: all gone.

If your team is really onto something, then they need to finalise the project in every detail and get better marketer, a truthful one with regards to ethics but only once the time comes as others have said: to provide proof, track record, support, at least limited guarantees in place etc.

Save yourself any further embarrassment, if that's of any importance to you.

Writing software is hard work and many projects are doomed to fail. No need to get personal about it and attack the person unless he tried to scam people or showed ill intentions.
That said, this thread is indeed suspicious and raises red flags.