Anyone use btcrobot.com?

[grue]

[...] Our software produces conservative stable returns for our members, that is only we care about.
 

[citation needed]

[eurobitcoin]

grue

Our robot members are protected by 60 day guarantee. If they don't produce profits in that time they can get a refund.

We don't force anyone to join us, we are happy to work with people who are with us. I am glad to say that almost everyone who activated is in profit so far.

here are several of them

[giszmo]

Scam? 

Of course we are not a scam. Why would we be? we don't accept any money or deposits, we only sell you software license. You are trading independently at BTC-e like you would trade manually or with any other system.

So far I see one customer who did not get his product and some noob accounts that praise the service. No reputable member of the community would or ever will vouch for your robot.

How could you scam users? Assuming the api only allows trades and no other stupid things as withdraws "some hacker's account". You chould have your bots perform terribly bad at some point and claim that somebody must have found out how your robot works and used it against you. This was you teased users with moderate gains that you grant them in the inverse fashion of this and once you feel like needing an exit, you make the bots perform terribly bad and loose all the money to you. Either in some all buy at once and then all sell at once into your 10% spread walls until there is not money left or in some more subtle way. Of course you can scam users if you control their trading.

[grue]

grue

Our robot members are protected by 60 day guarantee. If they don't produce profits in that time they can get a refund.

...that's assuming you'll stick around for that long.

We don't force anyone to join us, we are happy to work with people who are with us. I am glad to say that almost everyone who activated is in profit so far.

here are several of them
http://btcrobot.com/images/activated.png

Those are some nice "profits". But you're missing some critical information: how much was invested, and how the strategy compares to buy and hold. If your bot can indeed perform better than buy and hold, I encourage you to enter the Automated Trading Contest (https://bitcointalk.org/index.php?topic=261086.0)

[eurobitcoin]

...that's assuming you'll stick around for that long.

We have been developing trading software for 8 years.

how much was invested,

The robot can start from $100 usd or 1 bitcoin but your profit will be minimal. I would suggest starting with $500 or $1000 for real profits.

So far I see one customer who did not get his product and some noob accounts that praise the service. No reputable member of the community would or ever will vouch for your robot.

We are online for 2 days and most of the time under strong DDOS. We don't have many customers, but over the time the reputation will prove itself..

I am not forcing you to join, take your time to monitor. I am sure you will change your mind later.

How could you scam users? Assuming the api only allows trades and no other stupid things as withdraws "some hacker's account". You chould have your bots perform terribly bad at some point and claim that somebody must have found out how your robot works and used it against you. This was you teased users with moderate gains that you grant them in the inverse fashion of this and once you feel like needing an exit, you make the bots perform terribly bad and loose all the money to you. Either in some all buy at once and then all sell at once into your 10% spread walls until there is not money left or in some more subtle way. Of course you can scam users if you control their trading.

This does not even make any sense. We are fully transparent and make money by selling you the licenses. What's the point scamming anyone? If people are happy, they stay with us and extend license after 1 year or 3 years.

That's the only business model we have.  Also we don't control any trading at all. If you are on Silver plan you work directly from your PC with BTC-e API... We don't even know your stats, they are on your PC.
On Gold plan we install your bot on the VPS, and it also trades fully independently.

[eurobitcoin]

By the way if you are admin or moderator we would be more than happy to give you a copy so you can see yourself. We came in peace.

[SimonBelmond]

grue

Our robot members are protected by 60 day guarantee. If they don't produce profits in that time they can get a refund.

We don't force anyone to join us, we are happy to work with people who are with us. I am glad to say that almost everyone who activated is in profit so far.

here are several of them

@eurobitcoin: These profits are not profits. Tey are mainly the initial amounts people deposited. You should correct that. Also in the GUI of the hosted SW.

[eurobitcoin]

These profits are not profits. Tey are mainly the initial amounts people deposited

probably you are right for several people it could be additional deposits. There is no way to 100% find out if the account balance change was caused by trading or by extra deposits.

You can also follow trading on our salespage in the middle of the page of btcrobot.com/

[goldman]

i love this land page this site will make a lot of money ....like forex robot...you know just change to bitcoin....great idea ...so smart

[bitcoindr.com]

Well, I thought I'd see what would happen, so about a week before launch I signed up to get an affiliate at clickbetter and threw the banner on our page.

I just checked and see the following:

42 clicks
0 sales...

Oh well...

bitcoin dr

[luicon]

so this is a scam finnally or a working bot?

they still cotinue sending me mails about the fact i must be quickly getting my licence and sh*t like that...

[sukiho]

no sign of a working bot so a scam by any other name

[botsofbitcoin]

I'm currently in discussions with them about getting a trial account and will be happy to take back my calls of scam if it turns out they do have something worthwhile.

Also, in my communications with them, I've been very clear that I don't like their marketing techniques. Very high pressure, not very honest-sounding.

Of course, I'll report back once I see something, and also if I don't see anything which will be yet another red flag.

[eurobitcoin]

no sign of a working bot so a scam by any other name

How exactly does we scam you?

If you have specific questions PM me or send support email

Also, in my communications with them, I've been very clear that I don't like their marketing techniques. Very high pressure, not very honest-sounding.

Thank you for your review. Though it may look aggressive to you, we use techniques that provide good conversions for us and affiliates.

Our performance account is published on site in the middle:

[sukiho]

no sign of a working bot so a scam by any other name

How exactly does we scam you?

If you have specific questions PM me or send support email

you seriously think that all you have to say is that it makes a profit of $4535.54? see, even I can make up a random number. people have already tried asking what was the original investment etc and it seems you dont understand the questions? why would anyone want to use your bot when you give no clue if it even makes a profit? and the claim that you are the first bitcoin bot....either an outright lie or simply a sign that you are stupid, you tell us.

[eurobitcoin]

We publish it on the website in the middle of the salespage. Original deposit is 10k. it made 50% profit in little more than 2 months



Here is another example of one of the smaller traders

[sukiho]

"There is no such thing as Demo accounts in Bitcoin." a rather strange claim to make, so anyway how does it work? do people send you the deposits, or do you prefer them just to send you the name and password for their btc-e account?

[eurobitcoin]

There is no such thing as Demo accounts in Bitcoin." a rather strange claim to make, so anyway how does it work? do people send you the deposits, or do you prefer them just to send you the name and password for their btc-e account?

Nobody is sending us any deposits or their account access.

The robot simply connects to BTC-e by API via the API keys and trades there. You set "Trade" and "info" keys and it runs.

It is fully automated.

Take a look at this video http://youtu.be/jKqnaFncFns

[joesmoe2012]

What is the logic behind this bot? Is the logic customizeable?

[SimonBelmond]

What is the logic behind this bot? Is the logic customizeable?

It has three modes. conservative, medium and agressive. You can also set it to custom and then set some limuts and stuff. Havent found a detailed explanation for these settings yet.