Bitcoin Forum

Economy => Trading Discussion => Topic started by: schnell on February 26, 2012, 12:14:05 AM



Title: A trade bot website that guarantees you dont make losses?
Post by: schnell on February 26, 2012, 12:14:05 AM
What if there was a bot website, or option in an existing bot website, to take away 50% of your profits or so, but guarantee that all losses are compensated for, so the worst you can do is break even?
Discuss.


Title: Re: A trade bot website that guarantees you dont make losses?
Post by: Maged on February 26, 2012, 01:15:05 AM
That's what Bitscalper was trying to be (if you pretend that it wasn't a scam).


Title: Re: A trade bot website that guarantees you dont make losses?
Post by: schnell on February 26, 2012, 01:26:06 AM
That's what Bitscalper was trying to be (if you pretend that it wasn't a scam).

It was a scam? I know they got 'compromised', but where is the evidence that it was them?
Plus, where on their website does it say that it is guaranteed?

Danny


Title: Re: A trade bot website that guarantees you dont make losses?
Post by: cryptoanarchist on February 26, 2012, 03:54:55 AM
Is anyone else able to login to this website? I keep getting "Server error. Contact Admin"


Title: Re: A trade bot website that guarantees you dont make losses?
Post by: Kluge on February 26, 2012, 04:02:31 AM
That's what Bitscalper was trying to be (if you pretend that it wasn't a scam).

It was a scam? I know they got 'compromised', but where is the evidence that it was them?
Plus, where on their website does it say that it is guaranteed?

Danny
Bitscalper did not guarantee against losses, and indeed losses occurred sometimes. It hasn't been definitively outed as a scam because withdrawals still rarely go through (often are canceled by server or kept for days, even weeks as "processing").

Could be viable, but I'm not sure many would trust it after Bitscalper. It's not so much the worry about losses through bad trades as it is trusting someone just to hold the coins and pay out when requested.