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You have actually invested $50k? Balls of steel dude, congrats.
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Interesting news from Bitcoin trader page:
"Bitcoin Trader is official sponsor of Bitcoin 2014, a Bitcoin Foundation event, held in Amsterdam, The Netherlands, from the 15th to the 17th of May."
Anyone going there, please confirm this.
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May 12, 2014 trading result: +0.98%
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Yup, 192 days and counting. Still be cautious if you decide to get in, one can never know.
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Well, in my case things are going well. Especially since I purchased shares using BTC, when BTC was $650. Now I withdraw my USD earnings by transferring them into BTC at $430 which speeds up my BTC ROI significantly.
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Both Dark and Badger have distinctive features which make them stand out from the crowd. Darn, its anonymity, Badger POW then POS options. This makes them interesting and rare. As long as Hiros main features are honest team etc. this is not going to work. Innovation is the only thing which can make this coin grow.
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I have never seen a coin actually reaching 0 price. Guess we are on the way. After all this, I wonder was what the actually difference between Hiro on one side and Dark or Badger on the other side. What did they do well compared to Hiro?
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So you do believe in trading/arbitrage? I thought u just played safe.
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As of today Bitcoin trader has been online for 190 days and paying. Since BTC trading shares mature in 120 days, lost of people reached their full ROI so far. I still have not heard a single complaint about this service, anyone, anywhere? The average profits are about 0.7-0.8% per day or just above 20% per month.
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Oh that damn English, such a nasty language to learn.....  |
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Guess what, another really great day, Bitcoin trader result: +1.05 |
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Auspicious start to the campaign. first they have a get out clause which says even if you post if they do not get enough paying customers its your fault. Then they run it through someone who gets banned, has multiple accounts and in the past has behaved quite badly in the Ritz campaign.
There are others, do not get greedy and end up losing all just for a small increase.
We're not saying "if they do not get enough paying customers". We say about traffic quality just because we don't want to stimulate spammers and avoid flooding of the forum with a crap posts. Unless you can guarantee payment to people who add your signature and display it for a month, nobody ll join. Why do we care about the number of people clicking through. You pay us to add your signature and post meaningful posts. |
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Herr Andreas, dude, guess you need to know the market a bit more in order to stop thinking like a 5 year old child. Let me repeat statistics again, on a good day, total BTC trading volume is between 300.000 and 450.000 BTC. This is close to $20 MILLION at current prices. In addition to this you have LTC trade, alts to alts trade, alts to fiat trade, etc so total crypto trading volume probably gets closer to $40 MILLION per day on a good day. Trading arbitrage opportunities here are huge inside BTC economy, how big do you think this service is in order to saturate the market?
What I do agree is that in the following months, arbitrage opportunities are going to decrease as more people play this game and markets imperfections get corrected and this is exactly what is going on. However, ATM, there is still lots of space to do arbitrage, I have been doing that personally quite often using alts to alts method. However, I have liquidity issues, NOT ENOUGH alt coins to trade daily. I would really like if someone would give me 1000 BTC to trade.
Really no time or patience to argue with you over and over again, you do not like it, fine, go put your money in a bank. The risk has always been proportional to gains.
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Bitcoin trader May 8, 2014 result: +1.08%
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this entire arbitrage as investement system is a scam.
and I can prove it with simple logic.
now the proof:
arbitrage oportunities are limited.
the less volume is put into arbitrage trading, the greater the rewards for those who do.
it is like a pirate-treasure island. selling people more maps where the treasure is hidden, does not increase the amount of gold buried there.
on the contrary. even if all the people who bought maps share the gold equally (lol) it gets less for each the more people are participating.
advertising an investement into an arbitrage system is not only ridiculous but also extremly toxic to your own investement in the same system.
the only way you can make profit that way, is a multi-level-marketing system also known as pyramid game and sometimes also called a ponzi scheme.
short: either it works (and you are happy and silent with your profits) or you have to betray people and part them from their money.
now please stop.
Once more and for the last time, ARBITRAGE system is real and it exists in a lot of other markets. If it can exist in oil or gas markets, much more regulated markets, I do not see why it would exists in unregulated and imperfect BTC market. Here is an example of the real stuff: http://turnkeyanalyst.com/2012/03/05/how-to-arbitrage-the-oilnatural-gas-btu-spread/Whether these actual guys do arbitrage or not, I do not know and I cannot be sure. All I do is share my personal experience clearly listing potential risk of this investment. |
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I could argue with you for days on this topic but I ll stop now cause we are moving away from this thread and will end up having all these posts simply deleted. Just do not appreciate this constant patronizing attitude of yours where you claim u being master of the universe and everybody else ignorant morons. Anyway, I m out from this conversation.
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Haha, u re really one funny guy. U bash one site you consider ponzi and promote something else half of the world think is a ponzi and all this is fine in your opinion. You are not consistent, this is where I am going.
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I get your point of view, you think all these sites from your signature, including Bitcoin trader, are ponzies and I respect your opinion. I disagree in case of Bitcoin trader but I respect your opinion. I also respect your explanation of you posting on these arbitrage threads in order to prevent people from losing their money on risky websites. However, there is one major problem. You are being selective and only bash a few websites while at the same time promoting Finmutal.com via another thread on this same forum. This questions your credibility and intentions. Unless you think Finmutual.com is legit?
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OK, let us at least agree on something. The arbitrage method is used every day on bunch of other exchanges, oil, wheat, gold, etc. This is something traders take advantage a lot. If this is something which exists in other markets, it can definitely exists in a highly imperfect and unregulated BTC market. Whether these particular guys actually take advantage of it, as I have stated, I can only hope.
The fact that btc arbitrage trading is new and big is why these ponzi games are taking advantage of using it as their story. I'm sure after bitcoin-trader or during bitcoin-trader's online time we will see several "arbitrage trading" ponzi games come and go till eventually the story gets old and no one believes it anymore. Well, you would definitely agree there is SIGNIFICANT difference between Bitcoin trader and other ponzi games, Finmutual.com, for example. With Finmutual it is obvious it is a scam website without even any decent explanation how do they make money at all. I have already asked you to add them to your signature, if you believe these sites are scam, yet you have not done so. |
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Today 4% difference between Bitstamp and BTCe prices at one point. WTF is going on, why is BTCe price so low.
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