Hmmmm. Not sure what to make of this. From all of the customer reviews, it looks like this robot is not the way to go! I'll be keeping my eye on this regardless, though. Here is the long term performance  We also publish public account on site. You can follow there to see where it is going. |
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eurobitcoin do you plan to add Bitstamp support yes, we are researching the Bitstamp as one of the alternatives. I will keep you posted! |
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Let me clear this up... SCAM Every week someone comes up with this scam stuff... I am little bit tired of going in cycles. We developed software and we sell it. We don't scam anyone. If you don't like it, dont buy. We also have full guarantee. If you come just to troll me, please get a life. If you are interested in the robot, please see the full discussion here https://bitcointalk.org/index.php?topic=268533.0 8 pages.. Otherwise it's not constructive. Personally, I find this suspicious.. Think about if everyone did this, how would they make money... Everybody would become instant bitcoinillaires!
Its too good to be true, dont risk it guys! This does not make any sense. Then any trading system must be suspicious? You are saying there is no place in the world for commercial trading systems. No, it's not a crystal ball making you bitcoinillaires. It makes a conservative stable returns and protects your portfolio. credits deposits as "profit" hi John , we discussed that many times. It is very important to understand that BTC-e's API does not let the robot separate your manual money transactions (such as manual trades, extra deposits, etc.) from the real trading. So, it's best not to mess with the bot's operations and avoid any manual activity on the BTC-e account that you have allocated to the robot. We suggest that you open a new, fresh BTC-e account, deposit once and let the robot trade. Do not make extra deposits or manual trades or other things to confuse the bot. Just set & forget; let the robot work and do its own thing! You will be glad to see its eventual results and profits. In case you want it to see it right, just reinstall the robot and activate again. despite the fact that there were no trades or only losing trades. It's very important to understand that the purpose of Bitcoin Robot is not merely about trading for the sake of trading. The real purpose is to GROW the value of your trading account which includes BTC and USD. When the market is flat, obviously the robot activity is lower. When the market is volatile, that's when the maximum profit is generated! Depending on where the Bitcoin price is going, the robot optimally spreads the balance between BTC and USD to make sure it makes the maximum profit possible. This is much more effective (2.5x times more profitable and 3 times less risky) than just "buy and hold forever" strategy. Why? Because the price of bitcoin may go up or may not, but the beauty of the robot is that it does not care about the growth of bitcoin! It remains profitable even when the price goes down! The robot made over 60% of profit on our acc in the last 2 months, irrespective of whether the price of bitcoin grew or not. The robot is designed to be a complete no-brainer, fully automated solution. It does not require you to babysit, triple-check every trade or force extra trades. Just sit back, relax and let it do its magic. No need to check the robot more often than once a month when you wish to withdraw your profits. |
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Thank you for your bitcoin robot review! , I can also say I would not have purchased the Bitcoin in the first place if I had not found the robot to invest the Bitcoin in! True but here we need to understand that BTC price won't be always growing. The fact it grew during that time is amazing but of course like you fairly mentioned it did not show the full potential of the robot because you could simply sit on your BTC instead of trading. However if the price goes down, that is where the power of BTC trading is. The robot will anticipate such moves and will try to sell BTC into USD to save the portfolio from the downfalls. I don't really believe the profit calculation on the robot. When I deposited my bitcoin, it said my profit was the amount of my deposit... This is the limitation of the API we are using from BTC-e , the robot (via API) cant recognize if extra deposits are made by trading or by manual deposits. To avoid that we always recommend opening a fresh BTC-e account, deposit first and only after that activate robot and start trading. If you wish, I contacted you in PM to reset the robot. |
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I can not promise your future profits amount but based on the settings we see the following realistic expectations
Conservative: risk/reward = 0.1, profit potential = 2-5%/month
Medium: risk/reward = 0.25, profit potential = 5-10% /month
Aggressive: risk/reward = 0.4, profit potential = 7-20%/month
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Lets give different example to explain the point. You buy a bar of gold and pay for it $100.  The worth of your portfolio is $100. Instead of trading with gold you decided to keep it assuming price will always grow. (like you just assumed with BTC when saying you need to grow BTC only) But instead of growing the price of gold is just going down this year  after few months you are still sitting on your gold bar which is now worth only $60 You lost $40 of the value and not happy anymore keeping it forever. With the BTC robot this would not happen. Instead of keeping the BTC forever, it would anticipate the price decrease and trade it into USD during such time so you would not lose but WIN. |
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Lets give different example to explain the point. You buy a bar of gold and pay for it $100.  The worth of your portfolio is $100. Instead of trading with gold you decided to keep it assuming price will always grow. (like you just assumed with BTC when saying you need to grow BTC only) But instead of growing the price of gold is just going down this year  after few months you are still sitting on your gold bar which is now worth only $60 You lost $40 of the value and not happy anymore keeping it forever. With the BTC robot this would not happen. Instead of keeping the BTC forever, it would anticipate the price decrease and trade it into USD during such time so you would not lose but WIN. |
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I am sure that in the long term, this robot will broke the account and lost everything.
Thank you for trolling me again marcovaldo. You seem to be all over the place with your assumptions. Why would it lose ? It's a proven strategy, battle tested even in hard times for bitcoin. I have shown this picture many times. I know the robot bases the value in $, but most people here are probably more interested in BTC. Most people are interested in making money and growing the portfolio, no matter what currency that is. BTC-e.com allows you withdraw in any currency you need.
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The main misunderstanding coming from the fact that during the very short test that he performed the price of BTC was growing. But if you see the long term chart the price of BTC NOT ALWAYS grows. Now imagine your 2BTC with the original value of say 250 usd, with the "buy and hold forever" strategy turned into "100 usd" because the btc price went down ? Now having your 2BTC is not so good anymore and you would think "oh i should have sold it into dollars when the price was high".. This would never happen if the robot was managing portfolio, because it would anticipate the downfalls and sell BTC before you hit the low price. This is the power of the robot. The robot is made as a long term solution for trading at least a year (or better 3 years) to see full potential. In couple of weeks you can't see the big picture. It needs time. |
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I explained here https://bitcointalk.org/index.php?topic=295972.msg3176970#msg3176970The main misunderstanding coming from the fact that during the very short test that he performed the price of BTC was growing. But if you see the long term chart the price of BTC NOT ALWAYS grows. Now imagine your 2BTC with the original value of say 250 usd, with the "buy and hold forever" strategy turned into "100 usd" because the btc price went down ? This would never happen if the robot was managing portfolio, because it would anticipate the downfalls and sell BTC before you hit the low price. This is the power of the robot. |
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Like i explained to tysat in PM,
The profit is calculated in USD not in bitcoins.
That is the value of your portfolio.
The point of the robot is to grow the USD value (counted as sum of BTC+USD) and protect it from the price changes.
In case of BTC price increase the robot keeps most of the portfolio in BTC because the price of BTC in USD grows. So in USD equivalent it grew and generated $52.15 so far in the value. (USD profit)
However in case of the price going down, the robot is anticipating the move, selling bitcoin into USD and keeping most of portfolio in USD protecting it from the fall. On the other hand in case you did not do that and just sit with bitcoins and the price goes to, say 60, you would be in a big loss, while the robot would protect it.
That is how it protected your portfolio during the September 6-9 downfall. Otherwise your profit would be at zero during that time.
So the point is to grow the value in USD equivalent, not to grow the amount of bitcoins in the account.
If the price goes up of course the robot is keeping BTC and not selling. If it anticipates the downfall it starts selling BTC to protect the account from the decrease of the price.
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Medium settings trade more frequently. Aggressive is trading less frequently. Medium settings are targeting for smaller trades but with each trade you are paying small trading commission to btc-e so your profit is smaller but you have more trades.
Aggressive settings are looking for long profitable trades but does not trade often because of that.
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Please kindly avoid the promotions of the other products in my topic. It's not professional to advertise something by bashing your competitor in his topic... Thank you. The fact they have 10000+ settings ON GUI does not mean they are better or worse. Our software is made as a simple solution for people who are starting with BTC. Most of them are not geeks. Our ONLY goal is to make a long term profit by managing your trading portfolio BTC+USD optimal way. Over the past 5 days, I've left the bot on the "aggressive" setting and it has not made any trades unless I sell btc on btc-e then it just buys it back (for a loss usually). During this time, there have been a number of opportunities for the bot to buy/sell but it just sits dormant. Also, the current prices shown at the bottom of the screen are far from current and are usually way behind and sometime never update for long periods of time.
You can send us the screenshot to support to check if everything is working right. However BTC price is rising last days and there is no big sense in selling it. The robot will wait for signs of BTC price to drop before selling it. The aggressive settings dont trade often which is totally normal, they are waiting for bigger gains and less trades. See the long term results: |
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But in Gold Plan, what happens after the one year ? Any additional cost, which you didn't mention ?
I see a onetime payment for 1 year ? Tongue
What happens after ? Another 249,- ? After 1 year you will be able to renew. We will have discounts to the old clients. You can also choose a platinum plan with premium support and 3 years of VPS included! |
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nw.exe is Node-Webkit It is often at 100% CPu in my VPS, the process ruby.exe Ruby.exe is Ruby software development kit. It uses a lot of memory which is normal. That's why we dont recommend running Silver on VPS. It was developed for home PC. In case you are interested in VPS, best way is to upgrade to Gold. The difference is only 99 usd but you get full year of trading VPS there and simple web access. |
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or whoever can represent btcrobot here, I would like to know where it trades, like what exchange? in btc-e.com |
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Yes, it's ok if it for few hours or few days. Not ok if dead for 1 week then it needs restart. But in the new version that we developed and updated everyone (and you too), it is pinging the robots once a day to make sure everything is ok automatically, so you don't need to check every week anymore!
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Fabrizio, no need to post the same in every topic. We already replied you by email.
We checked and your robot is perfectly fine.
It does not trade every 2-3 hours as you expect by some reason. The
price on the bottom chart only updates when it trades not in real
time. There are flat periods with SEVERAL DAYS which is totally
normal. Please let it work and dont turn on/off all the time. It does
not require any manual attention if it is activated and set ON. Check
once in a few weeks, not every 2-3 hours. Everything is ok.
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FUnny thing is.. I have run the bot for a bit over a week now, and still zero trades Please send me your acc email in PM or support and the robot screenshot in case you are on Silver. This could mean something is not activated right but we need to check. |
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