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Author Topic: Experience with BTC Robot  (Read 12661 times)
001sonkit
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September 06, 2013, 10:58:46 AM
 #41

this robots look intresting,what is price of them


If you knew ClickBank and have visited those hosted product, compare those with the bitcoin robot, you will know this is an outright scam.

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eurobitcoin
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September 06, 2013, 03:28:58 PM
 #42

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Your BTC Robot is for children, our advanced BTC Robot is for real men!

Facepalm... You are making fun of yourself. Please kindly leave our topic alone. Promote your real men robot elsewhere. Thank you
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September 06, 2013, 03:30:01 PM
 #43

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If you knew ClickBank and have visited those hosted product, compare those with the bitcoin robot, you will know this is an outright scam.

Are you talking about me or nigerian robot for "real men" ? We are not using clickbank and we are not a scam. If you have questions, send me PM or support ticket.
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September 06, 2013, 07:21:31 PM
 #44

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advanced version of BTC Robot

WARNING!

This is NOT BTC trading robot. We have nothing to do with this person.

I am not sure what it is, probably pirated software or your own creation. Please kindly stay away from us and develop your own software and tools. You really ruin Nigeria reputation by doing such scam offers.

YES!!
This is not your trading robot but a much advanced version.

Your BTC Robot is for children, our advanced BTC Robot is for real men!

Better algorithms,  better strategies.

BTC Robot for sale at discount price only today.

Download and purchase: https://bitcointalk.org/index.php?topic=288755.0

WARNING: WE HAVE NOTHING TO DO WITH EUROBITCOIN'S INFERIOR BTC TRADING ROBOT. OUR COMPANY IS OFFERING ADVANCED VERSION !

WARNING !!

Ok, it is BIG SCAM and you have been reported to moderator !!  Angry

I just paid and download it, it is just a 37 pages PDF who talks on diceware.com, no robot here !!!  Angry

DON'T PAID NIGERIA PRINCE, IT IS A SCAMMER , SHAME ON YOU ASSHOLE !
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September 06, 2013, 07:30:04 PM
 #45

WARNING !!

Ok, it is BIG SCAM and you have been reported to moderator !!  Angry

I just paid and download it, it is just a 37 pages PDF who talks on diceware.com, no robot here !!!  Angry

DON'T PAID NIGERIA PRINCE, IT IS A SCAMMER , SHAME ON YOU ASSHOLE !

No amount of facepalming can express this...
eurobitcoin
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September 06, 2013, 08:11:26 PM
 #46

To clear this out, cyberom is talking about Nigeria Prince scammer, not about our product.  We have nothing to do with this joke from Nigeria who violated my topic with this BS.
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September 06, 2013, 08:57:34 PM
 #47

DON'T PAID NIGERIA PRINCE, IT IS A SCAMMER

ROFL

k sorry. I just picture someone saying that after recieving one of those nigerian prince emails
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September 13, 2013, 08:16:07 AM
 #48

To clear this out, cyberom is talking about Nigeria Prince scammer, not about our product.  We have nothing to do with this joke from Nigeria who violated my topic with this BS.
Ey! This is still my topic!
Ok, you contributed much more.  Wink

So just to give an update, I can confirm what eurobitcoin said. I played around with "medium risk" and "aggressive" settings. With medium I had quite a few trades a day. Setting back to aggressive instantly traded all USDs to BTCs and then did nothing. Putting back to medium it sold some BTCs right away (I guess to have some USD to trade with). Looks to me like "aggressive" means that you would put more trust in the Bitcoin price raising in the future than with "medium". Right now I would recommend the medium setting. I had the robot running for about a month now, my profit was around 13%. Had I not used the robot and just placed the whole amount in BTCs (place and hold strategy), I would have had a profit of about 24%, since BTC raised from 100$ to 124$ in this past month. But this could be due to the fact that I changed the settings a couple of times. I don't recommend you do the same. So I'll be more patient this month and go with the flow.

@eurobitcoin: Looking at the custom settings, to me it looks like the robot just compares the BTC price of MtGox and BTC-E and assumes there is a time delay between the two. Since most of the trading is still happening on Gox, a significant change in price will happen there first, BTC-E will follow a bit later. Am I right? What if major trades on BTC-E influence the price on BTC-E only? What if MtGox is no longer the main exchange and Coinbase, Bitstamp etc. gain traction? Thank you for your reply. Oh, and one more thing: Is the assumption that "aggressive" gives you more profit than "medium risk" wrong?
eurobitcoin
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September 13, 2013, 10:02:54 AM
 #49

True, 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.

Yes, the robot studies the prices in both BTC-e and Gox. We'll add more exchanges in future if they grow and provide API!
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September 13, 2013, 11:42:27 AM
 #50

Ok, thank you for your explanation.
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September 17, 2013, 03:10:03 AM
 #51

BTC robot

Look I bought the BTC Robot. August 26, 2013. Well I'm going to let you know this much this is what it is!!!! $208 is $231.09 right now. Don't know how to post the pic to prove it.
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September 17, 2013, 04:46:38 AM
 #52

not good idea to buy trading robots. if they made money why creator sell them?
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September 17, 2013, 04:49:52 AM
 #53

Just another scam...

BitCoiner2012
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September 17, 2013, 04:51:37 AM
 #54

Too many scammy issues with bitcoin lately.

Lately?

BTC Long.
eurobitcoin
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September 17, 2013, 08:48:56 AM
 #55

My active topic is here https://bitcointalk.org/index.php?topic=268533.msg3169654#msg3169654

I would suggest close this one to avoid duplicates.
tysat
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Keep it real


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September 17, 2013, 01:49:13 PM
 #56

https://bitcointalk.org/index.php?topic=295972

My review, tl;dr it's not a good way to grow bitcoin
001sonkit
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Casper - A failed entrepenuer who looks like Zhou


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September 17, 2013, 01:53:05 PM
 #57

https://bitcointalk.org/index.php?topic=295972

My review, tl;dr it's not a good way to grow bitcoin

So you actually PAID those guys to have this report out.... sigh.. Anyway nice for not getting another guy in this dump... thanks tysat

tysat
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September 17, 2013, 02:00:01 PM
 #58

https://bitcointalk.org/index.php?topic=295972

My review, tl;dr it's not a good way to grow bitcoin

So you actually PAID those guys to have this report out.... sigh.. Anyway nice for not getting another guy in this dump... thanks tysat

Haha I guess I did 'pay' to learn about this.  They seem like guys with good intentions, but it was just done wrong.  I'm guessing most people here are looking to grow BTC not $ value.
ManicMeddler
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September 17, 2013, 06:28:52 PM
 #59

Yes Im a newbie I admitted that I joined this site to get others feed back but according to mister ibminer  154 post (your soooo old) Im a sockpuppet. Thanks ibminer for giving a new bloke support. I guess your so experienced that's why you hang in the newbies section.
Bill

well said Bill

eurobitcoin
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September 17, 2013, 09:46:54 PM
 #60

I explained here https://bitcointalk.org/index.php?topic=295972.msg3176970#msg3176970

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 ? 

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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