Latest posts of: catorparrot

BE ADVISED, EVERYONE:

CRYPTO-PHP is almost certainly working with Mininghamster to perpetuate a scam. When Mininghamster signals come in, the bot reacts immediately yet still purchases the coin at a much higher price than the signal indicates. This is not due to a delay with the bot or anything, this is simply because when the signals come in the coin has already been pre-bought and 90% of the time, the bot will buy the coin with nowhere left to go but down.

EVIDENCE:

1.) The developer, Billy, has been confronted with this fact by many, many irate customers. Each and every time, he blames it on your personal settings for the bot, despite the fact that you simply cannot adjust your settings in a way that would cause this. See: This thread https://www.crypto-php.com/forum/index.php?/topic/269-mining-hamster-signal-problems-and-bot-buy-wrong-price/

2.) Months ago now, he had also stated he would add the requested parameter "DO NOT BUY SIGNAL IF ALREADY [X]% OVER SIGNAL PRICE", yet the option never materializes. See: Above thread

3.) What's more damning, is that the Mininghamster website displays outright false statistics in order to advertise the potential for huge gains. If you look at their signal history, you will see the signal, time, and buy price followed by the "high" price and the percentage you could have gained. While the full percentage would obviously be impossible to obtain, due simply to buying after the signal, in theory you should still receive SOME fraction of that gain. This is IMPOSSIBLE with 90% of their signals, as with Crypto-PHP your bot will regularly buy ABOVE the "high" price listed on their stats. See:
MH Signal:

Please note the time and the sell/high price of 0.00055179

Crypto-PHP bot purchase:

Purchased at 0.00055181, ABOVE the high price. This particular trade occurred 8 seconds after signal. However -- This also has happened for buys placed TWO seconds after signal, for missed gains of over 6%, which should not be enough time for such a significant rise.

End result:

A -1.6% loss, when Mininghamster advertises a +3.15% gain.

4.) This should theoretically be impossible if the site were listing the true high, yet it happens quite regularly. Mininghamster states very clearly that they do not offer sell signals -- so then, what IS this "high" price statistic anyway? A customer who asked for clarification on this in their public telegram channel a few days ago had his own settings blamed, despite inquiring about how MH calculates their high/sell price, and when he pressed the issue he was banned from the channel rather than having it explained. (It was witnessing that incident that caused me to finally study the system myself). When confronted with my findings, my messageboard posting was quickly deleted and all future postings of mine now require approval.

5.) Shortly after the above incident, one of the Crypto-PHP admins (@veteran) booted the developer, Billy, from the telegram channel and then announced that he had discovered that the bot, in conjunction with Mininghamster, was in fact a scam. Billy, the developer, quickly moved the channel to Discord and removed all references to the telegram channel from the website/message boards.

IN SUMMARY:
By design, Crypto-PHP and/or Mininghamster withhold their signals until they have a chance to pre-buy the coin significantly enough. The signal is then released with the knowledge that when it is, dozens/hundreds/thousands of bots will automatically purchase said coin and drive up the price. Many of these bots will purchase well above any price where profit is even possible. The Mininghamster website shows false statistics afterwards, advertising a much higher gain than even possible (if a gain was even possible at all). The high price that they list as the point where these false profits would be realized is also intentionally incorrect. THE GAINS MININGHAMSTER CLAIMS ARE POSSIBLE ARE 100% FALSE (at least in the case of with Crypto-PHP, I would like to hear from anyone who has used them with anything close to the success rate they claim), and the reality is always at best, when using CRYPTO-PHP, you can expect >1% GAINS, OR MORE LIKELY A LOSS.

These are REALISTICALLY the kind of "gains" possible even with a bot set to sell at +3.5%. Setting at 1% will do you no better:

WHY HASN'T ANYONE NOTICED THUS FAR??
Many did, but many had their comments scrubbed from the forums. However, although this happens with the VAST majority of signals, SOME SIGNALS ARE STILL PROFITABLE. I am not sure if this is by design to curb suspicions or what, but with VERY conservative settings, looking to make VERY small gains, it is still possible to turn out 1-2%/day. This is a far cry from the +/-100% claimed from the mininghamster signal stats, though.

Regardless, until the Crypto-PHP and/or Mininghamster team manage to give a sensible, understandable explanation other than blaming nonexistent user settings or "the market" (if the market is to blame, then the stats on the MH site should reflect this), I'm going to have to advise everyone DO NOT WASTE YOUR MONEY ON A BOT THAT SERVES ONLY TO LEAVE YOU HOLDING DOZENS OF BAGS ON THE WRONG END OF MININGHAMSTER'S PUMPS!!