bitcoin-trader.biz

[vach]

Well guys I do think this is really working service, and my opinion is that they are just not giving to much attention to such threads.

Few of my friends are considering to invest here 30K or more, with condition that i personally meet with one of owners of that service. I've opened support ticket asking them about any conferances where I can personally meet them. And they adequately answered :

"Hello Vachagan

Thank you for being with Bitcoin Trader!

Trust is build over time, so can tell your affiliates to try us with small amounts first.

We are attending international Bitcoin events regularly. Lately John, our CEO was meeting our clients at the Bitcoinference 2014 Amsterdam, Andrea one of our Representatives in Canada met some of our clients as well.

For the future we are attending the Cebexco at the end of May in Vienna, where we are also a main sponsor of the event and the Bitcoin Forum in Bonn in September.

Please let us know if we can be of further assistance.

With best regards,
Bitcoin Trader Support"

I have 2600$ invested as Trading shares, and will not invest until i successfully withdraw all amount. After that well see
I'm looking forward to meet them. I'll keep you updated.

[Cassius]

Interesting. You seemed highly sceptical. What changed your mind?

[sunny1]

I've now jumped in for a modest 10 shares as a test. Now tied up for 120 days.........
2FA, reasonable login process and no ID docs required to be sent.

The working (Trading) Hours are apparently UK but the server time displayed on the top right once logged in seem to be British Summer Time BST -9 hours?
I make that in Alaska  (I've obviously got this wrong somewhere)

I'll keep you posted

It's actually PST (Pacific Time Zone).

[vach]

Interesting. You seemed highly sceptical. What changed your mind?

Well I'm right now sceptical enough to not to invest any HYIP looking service no more, until it actually returns invested money...
In case of bitcoin-trader I've invested that 2.5K before I've actually know what HYIP is.

Then i've done some research, and saw that Its not considered as HYIP, and even in those HYIP monitors where it exists information is wrong, monitor tells you that its not paying but I've actually withdrawn easily.

Also the message I've send and their response, make me think that I'll actually return my money and hopefully this is real business. Trading is very profitable business and I dont believe that there are all scamers everywhere.

Anyway I'll not invest any more, until initial investment is returned...
My rule now for HYIP is DO NOT REINVEST... even if you did invested, keep withdrawing your dividients until you return your initial investment, then its up to you to reinvest or to keep withdrawing...

[vach]

If I were investing now, I'd not invest more than 300$ but definitely not 2.5K or more...
My opinion is that one actually can make money on HYIP, investing early and withdrawing (instead of reinvesting).

[vach]

I have a question to Mining share owners, do you earn every single day or its like trading share every business day?

[wedgy2k]

It's actually PST (Pacific Time Zone).

Ok Thank you, so servers are on the west coast of America somewhere but the staff are in UK?

[vipgelsi]

I see on this board many times that they heard people have met the owners.

Can anyone confirm that they actually met someone and not just hear say.

Anyone please.

[sunny1]

It's actually PST (Pacific Time Zone).

Ok Thank you, so servers are on the west coast of America somewhere but the staff are in UK?

Common pratice for most internet companies, to pick the host you like, doesn't matter in which country. According to their website they are hosted with bitcoinwebhosting.net. There is even a testimony of John Carley on the bitcoinwebhosting homepage.

It seems that the mining operation is run from the UK. According to a previous posts here or on reddit, their staff is located in different countries all over the world.

[crazyivan]

I have a question to Mining share owners, do you earn every single day or its like trading share every business day?

I think that mining shares earn every day but I would not recommend buying mining shares. These are significantly less profitable.

[Cassius]

I see on this board many times that they heard people have met the owners.

Can anyone confirm that they actually met someone and not just hear say.

Anyone please.

Anyone?

Also, do we know total funds under management/potential maximum fund size?
Daily btc volume is currently around $19 million, so it has to be small enough to be supportable within this.

[sunny1]

I see on this board many times that they heard people have met the owners.

Can anyone confirm that they actually met someone and not just hear say.

Anyone please.

Anyone?

Also, do we know total funds under management/potential maximum fund size?
Daily btc volume is currently around $19 million, so it has to be small enough to be supportable within this.

You should contact Brandenburg and ask him about such things. Usually they are very open with information.

[Cassius]

What's the best way to contact? I'd ideally like to do an interview/article.

[sunny1]

What's the best way to contact? I'd ideally like to do an interview/article.

Just contact him through their contact page.

[vipgelsi]

What's the best way to contact? I'd ideally like to do an interview/article.

Maybe the NSA could help locate them lol

[Cassius]

Looking back at the thread I don't think we have first hand posts from people who have met them.
It's not clear to me whether Andrea C has or not either.

[sunny1]

Looking back at the thread I don't think we have first hand posts from people who have met them.
It's not clear to me whether Andrea C has or not either.

I don't care so much about this - haven't met the owners of btc-e, so has nobody and I have quite some funds with them at all the time. This is how the Bitcoin ecosystem should be, otherwise it would make itself obsolete

[Cassius]

Looking back at the thread I don't think we have first hand posts from people who have met them.
It's not clear to me whether Andrea C has or not either.

I don't care so much about this - haven't met the owners of btc-e, so has nobody and I have quite some funds with them at all the time. This is how the Bitcoin ecosystem should be, otherwise it would make itself obsolete

Hmm. Not sure I agree. I don't need to meet them personally. But the bitcoin protocol is trustless - the whole point is that trust is not necessary! Where trust is required you need some kind of collateral, even if that is just information and reputation.

I'm actually pretty open-minded about this. I know arbitrage can be very lucrative (I ran the numbers myself a while back for a very limited scenario, and I can see that if you've got the funds and resources you could make a killing). But I'm not naive either. And the fact that there are two very similar looking companies, one of which I understand has just gone dark, should raise one or two questions about the second.

Just doing my due diligence. I imagine that anyone who has invested more than petty cash has done the same.

[sunny1]

Looking back at the thread I don't think we have first hand posts from people who have met them.
It's not clear to me whether Andrea C has or not either.

I don't care so much about this - haven't met the owners of btc-e, so has nobody and I have quite some funds with them at all the time. This is how the Bitcoin ecosystem should be, otherwise it would make itself obsolete

Hmm. Not sure I agree. I don't need to meet them personally. But the bitcoin protocol is trustless - the whole point is that trust is not necessary! Where trust is required you need some kind of collateral, even if that is just information and reputation.

I'm actually pretty open-minded about this. I know arbitrage can be very lucrative (I ran the numbers myself a while back for a very limited scenario, and I can see that if you've got the funds and resources you could make a killing). But I'm not naive either. And the fact that there are two very similar looking companies, one of which I understand has just gone dark, should raise one or two questions about the second.

Just doing my due diligence. I imagine that anyone who has invested more than petty cash has done the same.

It is very obvious that the "second" company started later than this one and is not only a scam by now, but was a copycat in the first instance. For all who don't know, btc-arbs started mid February and is already done after only two month of operation, while BT started mid November full 3 months earlier and is still around.

[Cassius]

Yes, time up and running is a good sign. But I'd like a few others for peace of mind, since 6 months really isn't that long and they're expanding their client base right now. I'm struggling to find any reliable material on them and no one seems to have met the founders first hand.
Like I said: open minded, but not naive either.