Bitcoin Forum

Other => Archival => Topic started by: joeventyra on June 01, 2014, 03:27:41 PM



Title: DELETE
Post by: joeventyra on June 01, 2014, 03:27:41 PM
DELETE


Title: Re: Bitcoin profit by trading 4-5%
Post by: silvestar on June 01, 2014, 03:54:56 PM
http://www.reddit.com/r/BitcoinMarkets/comments/2713pt/making_money_by_bitcoin_arbitrage_tested_method/

I haven't tried btcpromo myself, but found this thread (https://bitcointalk.org/index.php?topic=612476.0) claiming it is a scam. :)


Title: Re: Bitcoin profit by trading 4-5%
Post by: roslinpl on June 01, 2014, 04:00:22 PM
Quote from: Reddit user
WARNING: THIS IS A SCAM!

There's quite a few things fishy about this. While arbitrage does exist and can net you money, you do it between well known exchanges. BTCpromo is not well known and NOT an exchange. If they are selling bitcoins, they should just be buying directly from coinbase or btc-e and cutting out the middleman (you).

Quite a few of the people vouching for this have recent accounts with little karma. It's likely one guy repping his own post and downvoting everyone else. Notice that there are SIX users all created on may 6th of this year, and they are all saying short blurbs about how they "vouch" for this, it's legit, or you can't do chargebacks?

I'd also like to point out this is one of the worse attempts at a scam and easily spotted. ALWAYS look at people wanting your BTC with skepticism and only use well known places.

Better be careful before using any of those kind of stuff ...


And never believe if someone is telling you that you will be able to gain a profit with no risk!


Title: Re: Bitcoin profit by trading 4-5%
Post by: Quibbler28 on June 01, 2014, 05:26:58 PM
Nope.. Looks like a scam to me. Dont trust it.