bitcoin-trader.biz

[vach]

checkout fb group

whats wirtten there? I don't have/want access to this group

Do to some technical errors we are having problems with our site. We are working on it and hope to have it resolved soon.

[1715064555]

1715064555

[demme]

checkout fb group

whats wirtten there? I don't have/want access to this group

You need access/join group to see posts in that group.

[varChar]

Thomas Opperman: "Michael Brandenburg fixed a small part,the tech team will be fixing the rest throughout the day....so you can now access the site,but not register or log in."

[alani123]

As of writing this the page is up again

I was requested to come here ans ask BT representatives some questions. I think this is a nice chance to finally get an answer on some stuff I've been pointing out for months now.
First of all, I feel like there is not enough effort being put on proving that the company is actually generating profit. I know there are two options to invest the pool and arbitrary trading. BT has no excuse about not showing public proof about either of those and I'll tell you why.

First of all, if you own mining equipment that is pointed toward a pool, you can just show people the address that you collect the coins at or alternatively to show a picture of the rigs (if BT is the owner of them).

Now it's a bit harder that there's indeed profit from trading, but you can at least show your users the trades. I'm sure that you're already aware how big traders prove to their investors that their profit is indeed being generated from trades. Since all of your investors come online to check their investments this would be even easier for BT. Instead of just following the Cristine Madoff tactic and only showing trading results, you could also show them the trades that resulted to the daily profit. Some traders have used twitter as a platform for recording their trades and using it for  future proof. (You'd need to do this in life time, so maybe a bot connected to your trading accounts would be better.)

So there you have it, ways to prove that both your investing options are not ponzis. What's your excuse for just presenting the end of the day results?

Also, why is there a shadowscripts logo in BT's about page? You know those guys sell HYIP scripts right?  

[TraderThom]

How do you quantify over advertising?

Hi Andrea.  Thanks for coming to the thread.

One question I have had for a long time is whether or not you can say you have personally met (face to face and not using video chat) John Carley or anyone else who is a non marketing employee of the company?

I haven't kept up with the discussion in the past few weeks but one thing that never seemed to happen is that the people behind the company (the administrators/programmers/bankrollers) ever had any verifiable presence, just representatives who had never met their employers.  (If this has changed in the past few weeks, please clue me in and I apologize.)  Regardless of whether the company is a ponzi or not this just seems shady, especially considering how long its been going on.

Hi,my name is Thomas Opperman. I am the PR manager at Bitcoin Trader. My Facebook account is 100006261707339@facebook.com. I have "met" Michael Brandenburg on Skype and I am an employee of BT. The reason for the anonymity of John Carley, Michael Brandenburg and especially the traders is because of security. They all want to minimize the risk of being hacked. The "normal" rules of internet safety gets stretched just a bit to ensure the safety of our clients money,but in extreme cases extreme measures must be taken. We understand that people want a "face" they can trust,but the security factor is the main reason for the anonymity. In the time I have been with BT I have been attacked 3 times because people think I have in some way access to the funds(which I don't). So imagine what the effect would be if the people who do are announced to the public?I hope this is an acceptable answer,but feel free to comment or contact me.

Hi Thomas,

I ve been with Bitcoin Treader for almost 6 months and ve been quite happy so far. I can understand the need to keep things private when dealing with large amounts of BTC but I can also understand the desire of lots of potential BT users to get more info about it. There s been a lot of scams online and it has been quite difficult for people to differentiate junk from the real deal. Once more, IMO, I have had great journey with Bitcoin Trader so far and I hope it ll stay profitable for all of us.

A quick question, when you say you are an BT employee, what does that exactly mean? You have some kind of full time contract with them?

Yes,I have a contract and specified tasks and responsibilities. I also have a set salary but not set working hours. As for full time contract : when my temporary 6 month contract expires and the bosses are happy with my work I get a full time permanent contract.

[TraderThom]

As of writing this the page is up again

I was requested to come here ans ask BT representatives some questions. I think this is a nice chance to finally get an answer on some stuff I've been pointing out for months now.
First of all, I feel like there is not enough effort being put on proving that the company is actually generating profit. I know there are two options to invest the pool and arbitrary trading. BT has no excuse about not showing public proof about either of those and I'll tell you why.

First of all, if you own mining equipment that is pointed toward a pool, you can just show people the address that you collect the coins at or alternatively to show a picture of the rigs (if BT is the owner of them).

Now it's a bit harder that there's indeed profit from trading, but you can at least show your users the trades. I'm sure that you're already aware how big traders prove to their investors that their profit is indeed being generated from trades. Since all of your investors come online to check their investments this would be even easier for BT. Instead of just following the Cristine Madoff tactic and only showing trading results, you could also show them the trades that resulted to the daily profit. Some traders have used twitter as a platform for recording their trades and using it for  future proof. (You'd need to do this in life time, so maybe a bot connected to your trading accounts would be better.)

So there you have it, ways to prove that both your investing options are not ponzis. What's your excuse for just presenting the end of the day results?

Also, why is there a shadowscripts logo in BT's about page? You know those guys sell HYIP scripts right?  

So far we are doing an audit that will be done by end of August. We have tried some of your other suggestions but got criticized that we photoshoped pictures and faked the trading results. The company has decided that the audit is sufficient proof. As for the programming and software: They used a suitable program that works for the intended purposes. What others use it for is none of our business. That's like saying law enforcement cant use guns because guns are used by criminals,so anyone who uses guns must be criminals.
We are doing all we can to prove to people that we make money in the way we say we make money,and hopefully that is enough. Thank you for the suggestions,though,I appreciate that you do not go into attack mode

[vipgelsi]

Hypersire thanks for the post.

[Serpens66]

@hypersire:
Bitcoin-trader is listed here :
http://www.top10hyips.com/
(But the site owner said, that not everything he lists there, is a ponzi or hyip)


So here are people from bitcoin-trader online to answer questions?
Good, my question is, why your trading results does not change with high volatility of bitcoin price?
I do arbitrage on my own. And in the last few days, when the price "crashed" I made good money. But the weeks before, when the bitcoin was quiet, it was very difficult to make money with arbitrage.

To be real arbitrage results, it would be more credible, if they would go from 0,1% on quiet days, to about 5% on high volatility days. And not only from 0,6% to 0,9%. (and yes, you have some high percentage on really quiet days, and some low percentage on really volatile days, that's why I don't think your results are real)

[thepianoguy]

Hi,my name is Thomas Opperman. I am the PR manager at Bitcoin Trader. My Facebook account is 100006261707339@facebook.com. I have "met" Michael Brandenburg on Skype and I am an employee of BT. The reason for the anonymity of John Carley, Michael Brandenburg and especially the traders is because of security. They all want to minimize the risk of being hacked. The "normal" rules of internet safety gets stretched just a bit to ensure the safety of our clients money,but in extreme cases extreme measures must be taken. We understand that people want a "face" they can trust,but the security factor is the main reason for the anonymity. In the time I have been with BT I have been attacked 3 times because people think I have in some way access to the funds(which I don't). So imagine what the effect would be if the people who do are announced to the public?I hope this is an acceptable answer,but feel free to comment or contact me.

Bullshit. Bitstamp creators Nejc Kodrič and Damijan Merlak work with much larger amount of BTCs than you and they are real persons living a few kilometres from my place in Slovenia. And they don't get hacked, because they made all the security measures when designing Bitstamp. So could you.

[alani123]

So here are people from bitcoin-trader online to answer questions?
Good, my question is, why your trading results does not change with high volatility of bitcoin price?
I do arbitrage on my own. And in the last few days, when the price "crashed" I made good money. But the weeks before, when the bitcoin was quiet, it was very difficult to make money with arbitrage.

To be real arbitrage results, it would be more credible, if they would go from 0,1% on quiet days, to about 5% on high volatility days. And not only from 0,6% to 0,9%. (and yes, you have some high percentage on really quiet days, and some low percentage on really volatile days, that's why I don't think your results are real)

I'm not sure how the arbitrage trading in BT is supposed to be working, but automated trading is different with manual. Each has different advantages when compared to the other. From what I've seen so far, software that does automatic arbitrage trading does it in real time. Meaning that it detects difference in prices in two places and executes trades instantly. Obviously this would be hard to be done between two exchanges. You'd need a more advanced program to compair currency pair prices and trade between different exchanges. But according to all this, automated arbitrage programs aren't really affected from day to day volatility. It's mostly the small changes from moment to moment that effect them.

[Serpens66]

I'm not sure how the arbitrage trading in BT is supposed to be working, but automated trading is different with manual. Each has different advantages when compared to the other. From what I've seen so far, software that does automatic arbitrage trading does it in real time. Meaning that it detects difference in prices in two places and executes trades instantly. Obviously this would be hard to be done between two exchanges. You'd need a more advanced program to compair currency pair prices and trade between different exchanges. But according to all this, automated arbitrage programs aren't really affected from day to day volatility. It's mostly the small changes from moment to moment that effect them.

thanks for this explanation

bitcoin-trader stated somewhere (I don't remeber where) that they do not use arbitrage bots.

[Grinder]

bitcoin-trader stated somewhere (I don't remeber where) that they do not use arbitrage bots.

Which is just one of many claims which makes no sense. If they're not using bots they will be eaten alive by those who do. Any order they put up which would make a profit would be undercut or outbid in seconds or less. If the price changes quickly their orders would lead to arbitrage opportunities, which the bots would exploit before BT had a chance to cancel them.

As for the representatives; Sorry, but they clearly have no other information than what they're fed by someone they have never met and have no idea who is. That's just the same as everyone else.

[vach]

Thomas Opperman first of all thank you for taking time and answering some questions,

Indeed Bitstamp or any other exchange CEOs are not hiding all their lives but we all can understand that volums of coins that can be accessed by them is uncomparable to BT

Mark Karpeles is an example, he vanished millions and is still enjoying his life...

Arguments regarding arbitrage activity are fair too, I've noticed that myself even opened support ticket and the answer was pretty much as yours, if they are not using algorithmic trading and doing those things manually, they should be making or loosing more when market crashes than in usual days...

But suppose one day those guys who hired you trough skype, vanish and you never see them, website goes offline etc. Then you'll be in the same situation like others, you'll be scammed too. You're not the one to take responsibility.

So IMHO better stay away, the end might be near... Anyway i've got answers that i needed to, thanks

[crazyivan]

Bitcoin Trader finished their maintenance, everything is operational again, just requested my daily cash out.

[TraderThom]

Hi,my name is Thomas Opperman. I am the PR manager at Bitcoin Trader. My Facebook account is 100006261707339@facebook.com. I have "met" Michael Brandenburg on Skype and I am an employee of BT. The reason for the anonymity of John Carley, Michael Brandenburg and especially the traders is because of security. They all want to minimize the risk of being hacked. The "normal" rules of internet safety gets stretched just a bit to ensure the safety of our clients money,but in extreme cases extreme measures must be taken. We understand that people want a "face" they can trust,but the security factor is the main reason for the anonymity. In the time I have been with BT I have been attacked 3 times because people think I have in some way access to the funds(which I don't). So imagine what the effect would be if the people who do are announced to the public?I hope this is an acceptable answer,but feel free to comment or contact me.

Bullshit. Bitstamp creators Nejc Kodrič and Damijan Merlak work with much larger amount of BTCs than you and they are real persons living a few kilometres from my place in Slovenia. And they don't get hacked, because they made all the security measures when designing Bitstamp. So could you.

Pianoguy,that was their decision from the start,and they feel safer that way. If you are holding on to other people's money,would you not also take every precaution you feel would help?

[sunny1]

I just browsed the Bitcoin Trader website, and the trading pool returned 18% last month. There is a new way to cloud mine altcoins called Hashlets by GAWMiners that is currently returning 15% per week paying out daily in bitcoin. GAWMiners is very legit and transparent, running one of the largest mining operations in the world. Minimum investment is $16 and credit cards accepted. Worth a look!

Hashlets are called scam all over the forum as much as BT....lol Seems to me everything in the bitcoin ecosystem is called scam, or shady or fishy...

[sunny1]

Here is more info on the GAW/Hashlets scam:

https://flexhash.com/home-2/
https://bitcointalk.org/index.php?topic=749980.0

Reputable company huh, not more than BT!

[PilotofBTC]

Here is more info on the GAW/Hashlets scam:

https://flexhash.com/home-2/
https://bitcointalk.org/index.php?topic=749980.0

Reputable company huh, not more than BT!

So, one guy starts a bunch of threads with noob accounts posting the same things. I took this as market hype. It is pretty obvious you aren't renting a single piece of hardware. Heck, if you know what "cloud" even means you know that is just a metaphor the same way the internet is a series of tubes is a metaphor.

Hey, hashlets looks cool. I gave it a shot, and it should break even in 90 days. It's they run or it collapses I will just dispute the charge with my CC company.

[sunny1]

Here is more info on the GAW/Hashlets scam:

https://flexhash.com/home-2/
https://bitcointalk.org/index.php?topic=749980.0

Reputable company huh, not more than BT!

So, one guy starts a bunch of threads with noob accounts posting the same things. I took this as market hype. It is pretty obvious you aren't renting a single piece of hardware. Heck, if you know what "cloud" even means you know that is just a metaphor the same way the internet is a series of tubes is a metaphor.

Hey, hashlets looks cool. I gave it a shot, and it should break even in 90 days. It's they run or it collapses I will just dispute the charge with my CC company.

I agree with you, I did the same and bought 10 Hashlet 100 for almost 16K. I take the gamble as well. My post was meant to the poster who claims what reputable company GAW is.

[msarro]

As of writing this the page is up again

I was requested to come here ans ask BT representatives some questions. I think this is a nice chance to finally get an answer on some stuff I've been pointing out for months now.
First of all, I feel like there is not enough effort being put on proving that the company is actually generating profit. I know there are two options to invest the pool and arbitrary trading. BT has no excuse about not showing public proof about either of those and I'll tell you why.

First of all, if you own mining equipment that is pointed toward a pool, you can just show people the address that you collect the coins at or alternatively to show a picture of the rigs (if BT is the owner of them).

Now it's a bit harder that there's indeed profit from trading, but you can at least show your users the trades. I'm sure that you're already aware how big traders prove to their investors that their profit is indeed being generated from trades. Since all of your investors come online to check their investments this would be even easier for BT. Instead of just following the Cristine Madoff tactic and only showing trading results, you could also show them the trades that resulted to the daily profit. Some traders have used twitter as a platform for recording their trades and using it for  future proof. (You'd need to do this in life time, so maybe a bot connected to your trading accounts would be better.)

So there you have it, ways to prove that both your investing options are not ponzis. What's your excuse for just presenting the end of the day results?

Also, why is there a shadowscripts logo in BT's about page? You know those guys sell HYIP scripts right?  

So far we are doing an audit that will be done by end of August. We have tried some of your other suggestions but got criticized that we photoshoped pictures and faked the trading results. The company has decided that the audit is sufficient proof. As for the programming and software: They used a suitable program that works for the intended purposes. What others use it for is none of our business. That's like saying law enforcement cant use guns because guns are used by criminals,so anyone who uses guns must be criminals.
We are doing all we can to prove to people that we make money in the way we say we make money,and hopefully that is enough. Thank you for the suggestions,though,I appreciate that you do not go into attack mode

You know, I keep seeing people state that some ethereal photo exists that people claimed was photoshopped, and yet, with this post that has been around for over 8 months, of which I have read every single post - not a single copy of the said photo have ever surfaced.

So, I'm sorry, but I'm pretty sure that claim is bullshit.

Why don't you post it, I mean, if people already think it's photoshopped, it won't hurt, right?

Who wants to put odds on an excuse why they won't