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Yup, I made a small test withdrawal, everything was fine.
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So all of these may be scams that close one day with no notice.
yup but with high risk comes high reward....... Locking btc for 120 days is a HUGE risk Well I use Bitcoin trader for about 2 months and I am VERY satisfied. ROI is above 20% per month, their support is quick and responsive and I have not been able to find a SINGLE proof about them not paying or scamming anyone anywhere online. That being said, yes, arbitrage is potentially risky. But tell me this, what BTC related investment is not risky? Is putting your money into BTC risky? Is placing your money on any BTC exchange risky? Who said Mt.Gox.  Is buying cloud hashing/mining risky? Yes, yes and yes. We are involved into a risky Bitcoin ecosystem. So, people, pls use your head and do not invest anything you are not comfortable to invest. The above is very true. It doesn't matter if it is a exchange or a arbitrage account either way you are giving another party your coins and hopefully they give them back. With the above being said I am still waiting on my withdraw from btc arbs from yesterday. In fairness I think it say up to 36 hours so only time will tell. I am going to give btc traders some coin though and see what happens. Have you received your BTC-arbs payment? |
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I guess both websites are a bit slow due to holidays. There s no trading during holidays either.
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btc-arb seems to be scam. Send them a small amount BTC today, many hours ago, has 20+ confirmation in blockchain already, still not on my account, no answer from support, nothing.
BTC-arbs deposit takes about 12-24 hours, usually gets credited late evening European time. |
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So all of these may be scams that close one day with no notice.
yup but with high risk comes high reward....... Locking btc for 120 days is a HUGE risk Well I use Bitcoin trader for about 2 months and I am VERY satisfied. ROI is above 20% per month, their support is quick and responsive and I have not been able to find a SINGLE proof about them not paying or scamming anyone anywhere online. That being said, yes, arbitrage is potentially risky. But tell me this, what BTC related investment is not risky? Is putting your money into BTC risky? Is placing your money on any BTC exchange risky? Who said Mt.Gox. Is buying cloud hashing/mining risky? Yes, yes and yes. We are involved into a risky Bitcoin ecosystem. So, people, pls use your head and do not invest anything you are not comfortable to invest. |
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The coin is well coded and handled by a strong team - the price we are seing today is low. Let a few weeks go by and you'll be happy to have kept your Hiro's.
+1 But it is just unbelievable how there is always some stupid idiot selling his 500 coins bellow the market price. |
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It will go through. I also made a small test withdrawal yesterday and it went through today, so no worries.
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The price gap between 2 major BTC exchanges is HUGE today, almost $20 per BTC or close to 4%. We ll see what result are we going to get. Does anyone have any idea why is this price gap so wide?
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April 17, 2014 trading update:
BTC-arbs: +0.6%
Bitcoin trader: +1.18%
The price gap between 2 major BTC exchanges is HUGE today, almost $20 per BTC or close to 4%. This should brings us a really good arbitrage result. Does anyone have any idea why is this price gap so wide?
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Unless you can invest a lot more, 10k+, dont even try. You will not be able to get your money back for a long time and this is questionable. Buy coins, that is much better option, LTC and BTC. BTC was $1200, now is $490, there is really good chance it ll go back to $1500+ during this year. The same ratio goes for LTC. If you want to triple your money, buy coins.
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There is just one thing which does not add up if they are gonna scam us. After this kind of failure, why would they come back online and let people withdraw their BTC.
They know they are going to lose at least 50% of deposits, we are talking about hundreds if not thousands BTC. Why do that if you are going to run? This is not how scammers think.
It is going to take them months to recover from this incident.
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Yes, I think this adds a bit more to their credibility. If they wanted to run, this was an excellent opportunity. However, the website is back online and business seems as usual.
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Yup, here is what they say:
"First and foremost, we would like to take this opportunity to apologize for the website downtime that we have experienced for roughly the past 12 hours. Due to a hardware failure in our data centre, our website was temporarily offline. During this time, arbitrage trading continued as per usual, however users were not able to access their accounts. We have pinpointed the point of failure, and have taken steps to ensure that it does not happen again."
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I mean you really need to take off your pink glasses.
There is no sane CEO/website owner/business owner in the world who would suffer this kind of malfunction and skip notifying his clients about it just being malfunction to be fixed.
Why? Cause he knows if he does not do that 99% of his clients s going to withdraw and run the moment he gets his website back online thus effectively destroying his business.
So during this 24 hours any normal webmaster would post a note, send a group email, anything. Do we have something? No. Accept it. They run.
Just curious CrazyIvan... How much do you have invested? Also, I bank with JP Morgan Chase. Pretty large company I'd say compared to BTC-Arbs. They commonly update their website and disconnect services from time to time to do so. I have never received an email from them, just a notification when visiting the site. Sometimes things go wrong, and they are down longer than expected without that instant notification. By your logic they are probably just scamming everyone and I should pull my funds from them too right? OK, let it be your way. I don't have much invested, made my last withdrawal 4 days ago so I ll live. |
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I mean you really need to take off your pink glasses.
There is no sane CEO/website owner/business owner in the world who would suffer this kind of malfunction and skip notifying his clients about it just being malfunction to be fixed.
Why? Cause he knows if he does not do that 99% of his clients s going to withdraw and run the moment he gets his website back online thus effectively destroying his business.
So during this 24 hours any normal webmaster would post a note, send a group email, anything. Do we have something? No. Accept it. They run.
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The server was known to be in Malaysia since day one. The site claimed they have their office in Switzerland (which is NOT in the EU) but this has been repeatedly deemed unlikely. Thank you for that. Ah, good news. That server is *NOT* vulnerable to the Heartbleed attack. https://www.ssllabs.com/ssltest/analyze.html?d=btc-arbs.comApparently the wrappers are preventing attacks from filtered addresses. So that is good. Still wish the owners were not so slow to get us some information. What are you talking about?  ? Who cares about Heartbleed at this point. It is obvious they run with our BTC, wake up people. |
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BTC arbs is back online. Everything seems OK.
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I'm keeping my bitcoin in and here's why:
If they are a scam, it would not matter if I tried to withdraw, they'd simply run with it and I'm screwed
If they are an honest business, my money is pretty safe, so withdrawing would not make sense then.
Withdraw from where? |
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Double-checked, the site is up.
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Another great day, both services are above 1%. April 15, 2014 results:
BTC-arbs: +1.17%
Bitcoin trader: +1.30%
BTC-arbs has been online for 2.5 months and Bitcoin trader 5.5 months today.
BTC market looks quite bullish and I expect a strong BTC price increase today.
btc - arbs appears to be down atm........So is this the exit to stage left or legit downtime. time will tell. No problem on my side, everything is fine with both websites. |
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