Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: bitpickio on November 08, 2014, 11:53:37 PM



Title: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 08, 2014, 11:53:37 PM
This is our story, This is why we built bitpick.io.


Bitpick.io is a social platform for Bitcoin and other CryptoCoins traders, We aim to connect expert traders who have technical analysis skills and trading experience with novice traders who want to trade and make profits but don't have these skills.

What are the problems we're trying to solve for traders:
  • Wasting a lot of time searching everywhere (twitter, reddit, bitcointalk, ...) every time you want to make a new order, trying to make the right decision.
  • Getting cheated by scam coins.
  • Taking a wrong advice from FUDers who trying to make you sell a profitable coin, or BagHolders who trying to sell you dead coins.

How we solved these problems:
  • We've built an analysis engine to analyze the whole history of every trader, so ONLY the traders who make real high profits will be added as expert other traders can follow.
  • Instantly When this expert Opened/Cancelled/Closed an order, his followers (Pickers) will get notified with that order.
So you will get the right trusted decision at the right time.

We will open our private beta soon, There'll be only 500 invitation in the first phase, Pick yours now.
And now you can register you email and APIs to see your account analysis, Then you will get an invitation link to share with your friends, every one get through this link will give you a new expert to follow for free for a month.

Website: https://bitpick.io/
Official blog: http://www.cryptowolfs.com/
Twitter: https://twitter.com/bitpickio
Facebook: https://www.facebook.com/bitpickio
For any questions, suggestions, or ideas: support@bitpick.io

If you like the idea, support us by spreading the word, share this post, the website, or the blog post.



Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: kcanup on November 08, 2014, 11:56:47 PM
Seems really helpful site for trading.. I will check  :)


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 09, 2014, 12:11:21 AM
Nice graphics.
Thanks, we're trying to present the idea in the simplest and easiest way.

Seems really helpful site for trading.. I will check  :)
And we will wait your valuable feedback after getting your invitation soon, you're the first subscriber btw ;)


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: Fatov on November 09, 2014, 12:51:01 AM
Nice service! waiting feedback
Altcoins are more profitable than btc, im sure


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: TwinWinNerD on November 09, 2014, 01:36:20 AM
Like forex this won't work.

Add to that, that slippage is way higher with cryptos.

But nice way to let newbs lose their coins.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: canth on November 09, 2014, 02:14:15 AM
Like forex this won't work.

Add to that, that slippage is way higher with cryptos.

But nice way to let newbs lose their coins.

Retail forex is a multi-billion dollar business. It works just fine...for the brokers and institutional traders.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: toffoo on November 09, 2014, 02:28:14 AM
Adam looks a lot like Hitler


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: jox on November 09, 2014, 02:31:09 AM
Adam looks a lot like Hitler

+1 I just wanna type the same, you was faster...


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: Wolf Rainer on November 09, 2014, 03:23:37 AM
Why is Hitler promoting your service?


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: nigttran on November 09, 2014, 07:34:10 AM
Graphic is interesting. Nice


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: mozurt on November 09, 2014, 07:58:17 AM
seems like etoro ?


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 09, 2014, 09:47:37 AM
Like forex this won't work.

Add to that, that slippage is way higher with cryptos.

But nice way to let newbs lose their coins.
We're talking about instant decision which you can make at the same time and the same price as the expert you follow did, not after the price changed, so you will make a right profitable decision if this expert is really know what he do and want to make his followers make money and increased (so he also will make more profits from subscriptions).

We see traders now trying to solve the lake of experience problem using twitter, following some people who say they're making profits and start give people advices to buy/sell, and no one really know if they give a true advice or just claim or want to dump/pump specific coin.

So we're trying to solve this by connecting experts with novice traders in a trusted way, in a model every one wins, the expert will get paid monthly subscriptions from traders who want to follow his trades, and novice traders will get a trusted trading decision from someone they can see his trading history and assure if he is a real expert make high profits or just claim.

And your feedback is very useful for us, please let us know why you think newbs will lose their coins ?

 


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: anticlimax on November 09, 2014, 09:55:39 AM
Like forex this won't work.

Add to that, that slippage is way higher with cryptos.

But nice way to let newbs lose their coins.
We're talking about instant decision which you can make at the same time and the same price as the expert you follow did, not after the price changed, so you will make a right profitable decision if this expert is really know what he do and want to make his followers make money and increased (so he also will make more profits from subscriptions).

We see traders now trying to solve the lake of experience problem using twitter, following some people who say they're making profits and start give people advices to buy/sell, and no one really know if they give a true advice or just claim or want to dump/pump specific coin.

So we're trying to solve this by connecting experts with novice traders in a trusted way, in a model every one wins, the expert will get paid monthly subscriptions from traders who want to follow his trades, and novice traders will get a trusted trading decision from someone they can see his trading history and assure if he is a real expert make high profits or just claim.

And your feedback is very useful for us, please let us know why you think newbs will lose their coins ?

 

Spelling mistakes in your presentation shows your lack of ability. For real


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: CoinBreader on November 09, 2014, 10:40:24 AM
wait...you need my API keys ? for what reason ???
no thank you, ill skip it


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 09, 2014, 10:58:14 AM
wait...you need my API keys ? for what reason ???
no thank you, ill skip it
To analyze your account and specify if you're an expert others can follow or not. and all we need is a readonly access which you can revoke anytime.
And for experts who want others to follow their trades, we will use it to notify their followers with their trades, those followers will pay the expert a monthly subscription to see his trades notifications.
And that will help us also to suggest you the right experts to follow, who trade in the same coins you have.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 09, 2014, 11:13:52 AM
Adam looks a lot like Hitler

+1 I just wanna type the same, you was faster...

Hitler! No of course we didn't mean that :D, why may Hitler want to trade Crypto :D, I think the designer just watched some documentaries about second world war :) , don't worry, I'll ensure that there will be no other "Hitlers" in our designs again :)


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 09, 2014, 11:57:36 AM
seems like etoro ?
Sort of, but etoro doesn't provide Cryptocoins, and as i know it allows you only to follow traders from their trading network, but we will allow traders to follow any experts who trade on any exchange, and users will get notified when this expert opened a new trade on any of his exchange.
etoro also shows you the trading performance of traders who trade on their web trader network, but we will let you check the trading performance for the expert from all of his exchanges, not specific ones, so before following an expert you will be sure he is a real expert making real profits.
We're working on analysis engine which will be able to analyze the trading performance ( in detail ) of any trader from any exchange ( the trader should provide a readonly access APIs for this exchange first ), there's an initial version of it now for bittrex exchange, any one can try now at https://bitpick.io/

Example of an expert page:



Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 15, 2014, 11:16:23 PM

We added two new updates to the invitation page:
1- "Try With Fake API" button, to show you how we analyze your trading data to determine if you're an expert or a novice trader.
2- You can share your invitation link directly now without a need to provide us with your API key.



Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: miningteam23 on November 15, 2014, 11:18:56 PM
Nice graphics.

Bitclub Network is a scam! I hope no one falls for this ponzi and seconds old pimping!


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: RJX on November 15, 2014, 11:19:52 PM
I love it!!


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 15, 2014, 11:36:32 PM
Nice graphics.

Bitclub Network is a scam! I hope no one falls for this ponzi and seconds old pimping!
Hi miningteam23, bitpick is not a scam, and we aren't part of any other networks, We're developing a service that ( we hope ) will help novice traders to make more profits and don't get cheated by scam coins, FUDers, or TO THE MOONers, as traders will have the ability to see real trades from real expert traders.
Something like that:


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: cexylikepie on November 15, 2014, 11:42:35 PM
so basically pump and dump all day every day?


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: anticlimax on November 16, 2014, 01:06:25 AM
I made... 500%+ this month.. Are your traders making 100% daily returns?
I don't see anything special unless they are making those kinds of returns.

This is the same "method" people use on twitter to pnd. Have noobs follow their calls, in turn creating opportunities for them to exit or re enter in profit as people blindly buy and sell on their beck and call... The avalanche effect.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 16, 2014, 12:55:49 PM
so basically pump and dump all day every day?
Sorry for the late reply.
If you mean that when an expert trader made an order, his followers will make the same order which will cause the coin to pump or dump quickly, This is how profits made, from these pumps and dumps of coins. But the difference here is that with bitpick now those followers (novice traders) can make profits from these pumps/dumps as they can know when they should make a buy or a sell order, instead of lost their coins ( like ADAM ;) ) on every pump/dump.
Please let me know if i misunderstood your question.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 17, 2014, 12:30:42 AM
I made... 500%+ this month.. Are your traders making 100% daily returns?
I don't see anything special unless they are making those kinds of returns.

This is the same "method" people use on twitter to pnd. Have noobs follow their calls, in turn creating opportunities for them to exit or re enter in profit as people blindly buy and sell on their beck and call... The avalanche effect.

This Twitter problem will not appear here as the user can see the amount of the coins in every order, and also he can see if many traders for example bought the same coin with big amounts that certainly mean this coin have some potential and he should buy also.

The problem we're trying to solve with bitpick is "novice traders have no technical skills, make wrong decisions, and lose their coins"
But we're not the first solution, traders are trying to solve this problem using Twitter as you said, but the problem with twitter is that no one really know if those "experts" give a true advice or just claim or want to dump/pump specific coin, and no one know even know if they real experts make real profits or just claim also !

So we're trying to solve this by connecting experts with novice traders in a trusted way, in a model every one wins, the expert will get paid monthly subscriptions from traders who want to follow his trades, and novice traders will get a trusted trading decision from someone they can see his trading history and assure if he is a real expert make high profits or just claim.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: TwinWinNerD on November 17, 2014, 01:15:03 AM
You realize, that those traders can just use a second bittrex account and frontrun all those followers, right?


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: bitpickio on November 17, 2014, 01:58:13 AM
You realize, that those traders can just use a second bittrex account and frontrun all those followers, right?

Sure, Simply if they used another bittrex account, they will not be experts on bitpick, as we analyze the trader history on the exchange and one of our parameters to determine if this trader is an expert or not is the total period of trading, which will be a short period of course in this case.
We're also working on some analyzing techniques to detect these unethical practices, we will explain this in more details soon.

Very Good question, Thanks.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: TwinWinNerD on November 19, 2014, 04:30:09 AM
He can use his main account to sign up with this service and create a new account to frontrun himself and his customers.


Title: Re: bitpick.io, get trusted trading decision instantly | buy low sell high, for real
Post by: tylerderden on November 19, 2014, 05:04:41 AM
mk