bitcoin-trader.biz

[kimosan]

Nobody is surprised by this.. right?

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[Dingaantouwtje]

Hey y'all!
I was reading this forum throughout my whole BT-experience to keep track of the public opinion and be prepared for whatever was coming. I was in for only a few hundred euro's, 'cause I wanted to see how long it would last.
The funny thing is, though, that I was making a Dutch translation of the website and they even payed me $300 in advance. I was nearly finished and have spent some real effort in it, so I am pretty disappointed with this outcome. I had a lot of e-mail contact with 'John Carley' as well, if this will ever come in handy for 'chasing the criminals' as stated above, I would be pleased to help.
Also, this means I have HTML-files of all the non-member-areas of the website. So I still have their Terms and so on. If this ever might come in handy, just let me know.

Put them online.

Okay, so here's the website in html, including the privacy agreement and terms&conditions. Also, a list of all the different representatives (including phone numbers and other credentials, although I doubt the representatives to know anything about what's going on) and all of the newsletters.

https://www.mediafire.com/folder/tl6oxcbxhdgk70l,exxdvh1bqqg52xd,lo7hll27lujwu89,oveh2s0fb2bkyyw,9qmih5yoehbbbmy,96kr4hmdm99o0yn,iwz2tbfas2twwws,5y6848o8ku2g93g,64c7d5t8604hqvq,ny56d958mcm1pi4,idjrvo22mobghds,7ebhc2qb7dgce73,16hqeb6vjy04g66,ix72a4d6czgkjnn,bnhfqpe3alybh6o,7sssqr5iidpg0g4,nrs0zs1746s012u,rcrn0yw0a8qiadk,wu2ohss8sqz69dd,wz22z88fokb68cu,p72i5zf85ar9297,5k4e1qt5gg0kt8c,i0oi97yfu48p4xv,l4zzpzzcbzoqcq5,jqh245xdailjoex,3qum990hw9cwzkm,v374rjbsntzgz3h,lj3jzuna00qmvnz/shared

(don't be scared off by an empty screen, takes some seconds to load the content)

I would also love to help in/hear from any (legal) actions taken against them.

[conspirosphere.tk]

  I have joined back in summer with 4K (earned in 6 months of mining LTC / VTC with 4 computer rigs, they've cost me 10K, now I am full of R9290x video cards and can't even sell them at half price) and earned (by totally reinvesting profit) around 8.2 K until last week. Also have put my 1st withdrawal for the initial 4K last Friday since that was my ROI day.

Rule #1 when 'investing' into risky schemes is to not 'reinvest', but withdraw a.s.a.p and as frequently as possible until you are in the green. Only after you recovered your funds you can reinvest or keep playing with the house money.

With 4K you should have withdrawn 150+ USD/wk. With the above tactic your 'loose' would have been almost nil

[billotronic]

Nobody is surprised by this.. right?

The only thing that surprises me is the lack of creativity in the excuses given.

[Rannasha]

Dear Clients

Regrettably I have to announce the failure and closure of Bitcoin Trader.

While preparing for the final audit results, a task we were working on for weeks now, our bitcoin wallet has been hacked and emptied, just after exchanging our fiat holdings within the exchanges to bitcoin and transferring our entire holdings to our wallet, in order to proof our solvency.

It is a known fact that I personally opposed any proof of solvency, but agreed to conduct it for the sake of a few dozen small and medium investors.

The hacker contacted me shortly after he took advantage of our holdings and demanded a ransom in order to transfer the coins back. I have agreed to a 25% ransom of the entire sum, but haven’t heard back from him for several days now.

My aim was to create something based on trust, just as bitcoin itself is based on distributed trust. Unfortunately I must admit today, I have failed. All left to do now is to declare bankruptcy with the Panamanian authorities and to hand over all relevant files and information for further investigation.

Sincerely,
John Carley

I hate to say I told.... No... wait... That's not right.

It is with great pleasure that I say: I told you so!

[joystickj]

BTW, the timing of this may have partially been caused by my first "withdrawal request"... I had consistently rolled over my earnings back into shares. The Saturday before the stoppage is when I put in for my first Bitcoin withdrawal. I was really just testing it more than anything. The timing was interesting. If I really was the biggest investor/gambler, and "John Carley" thought I was done investing and ready to start withdrawing, then it could have been a bugout trigger for him.  

Just curious, any other big investors in here?

   I have joined back in summer with 4K (earned in 6 months of mining LTC / VTC with 4 computer rigs, they've cost me 10K, now I am full of R9290x video cards and can't even sell them at half price) and earned (by totally reinvesting profit) around 8.2 K until last week. Also have put my 1st withdrawal for the initial 4K last Friday since that was my ROI day.
   Most of my anger it due the fact that it all collapsed on the ROI day ... what are the odds of that. Feel like the universe is against me now, took tomorrow day off, need to recover mentally.

Sounds like that weekend could have been a perfect storm of withdrawal requests, perhaps due to the low BTC price at the time, and that was as good a time as any to jump ship.

[eneloop]

If someone is filing a case at the local police within the EU, let us know your the case number to put them together.

[Keyser Soze]

Simple question back to you: Why are there investment banks, mutual trusts, hedge funds etc. that are offering their services to the public???

Investment companies are not offering investments that (historically) claim to generate about 1% per day. If they have ways of generating those kind of returns, they won't be sharing them with you and me.

Because making a large profit off of arbitrage requires both liquidity (provided by the exchanges) and a large amount of capital (provided by either the business or investors), and they may not have that much to invest on their own. With other people investing, they make significantly more profit. If you have 1$ to buy gold on one exchange, to resell for 2$ on another exchange, that's great. But you still only make a dollar. Now, if you had 1 dollar and 99 other people to invest 1$, suddenly you've made 200$ off the trade, and you share out the profit to the investors, plus a cut for yourself because you took the time to find the arbitrage opportunity and perform the trades for the investors.

I am not convinced one way or the other, but from a pure business perspective what they're doing does seem viable. If I had the capital myself I could easily make 1% on arbitrage every day, but it requires you to keep both USD and BTC in large amounts on several exchanges so you can react to new opportunities without waiting for cash to transfer everywhere.

Yes, I understand that you need a minimum amount of capital to effectively perform arbitrage. Of course on the other hand, there is a point where you have too much capital available.

I suppose eventually we will find out the truth, at some point they will wind down and we will see if they can pay or not.

Guess it is official now...

[icecreamgenius]

don´t cry i had 40.000 USD wich is gone

I guess I should join this discussion since I am possibly the biggest loser of all of you on this deal... My balance was about $37,000. I had $31,588 that I have actually invested (lost). I knew the risk going in and this is certainly not going to bankrupt me as I used "house money" from my previous Bitcoin gains to play with here. I will be monitoring this forum and will be willing to put in my share if we end up having to hire investigators/attorneys/knee breakers. I am a big fan of punishing criminals... Wouldn't mind recovering some money to if that ends up being possible.

[Casimir1904]

I had Shares for $25k
I can afford the loss ( I know before its high risk )

Still $25k to much for pure Scammers...

Who'll buy that they got hacked?
And when the hack was longer ago why they still say they make profits and still allow people to deposit money?
I bought after the closed day "proof of solvency" so after the "hack"?

And had also contact with them after that and no words of any "hack".

Easy to collect much money and then tell we got hacked...
Karma will be a bitch to you @bitcoin-trader :-)

Maybe we should start to collect numbers?

icecreamgenius  = $40k
joystickj = $37k
Casimir1904 = $25k
....

[herbiehasher]

[/quote]

I hate to say I told.... No... wait... That's not right.

It is with great pleasure that I say: I told you so!
[/quote]

And you are here in this forum just to say stuff like this right?

[PilotofBTC]

Dear Clients

Regrettably I have to announce the failure and closure of Bitcoin Trader.

While preparing for the final audit results, a task we were working on for weeks now, our bitcoin wallet has been hacked and emptied, just after exchanging our fiat holdings within the exchanges to bitcoin and transferring our entire holdings to our wallet, in order to proof our solvency.

It is a known fact that I personally opposed any proof of solvency, but agreed to conduct it for the sake of a few dozen small and medium investors.

The hacker contacted me shortly after he took advantage of our holdings and demanded a ransom in order to transfer the coins back. I have agreed to a 25% ransom of the entire sum, but haven’t heard back from him for several days now.

My aim was to create something based on trust, just as bitcoin itself is based on distributed trust. Unfortunately I must admit today, I have failed. All left to do now is to declare bankruptcy with the Panamanian authorities and to hand over all relevant files and information for further investigation.

Sincerely,
John Carley

I hate to say I told.... No... wait... That's not right.

It is with great pleasure that I say: I told you so!

It's good to see that you are happy that people had large sums of money stolen. What a wonderful human being you are.

[pawlo74]

*IF* John Carley exists at all. Imagine he doesn't for a second. All victims trying to find a non existent person that was just set in place to take the blame while the real head(s) are laughing at the crowd hunting a phantom.

+1

[pawlo74]

I agree. The only people who have said John Carley exists are Brandenburg and Opperman. We have no proof he exists beyond the statements of known fraudsters. So, as far as I am concerned, there is no John Carley.

There is, however, a Thomas Opperman. And he's been doxxed.

+1

[Keyser Soze]

And you are here in this forum just to say stuff like this right?

It's good to see that you are happy that people had large sums of money stolen. What a wonderful human being you are.

Rannasha and others, including myself, have made posts explaining that they are a ponzi for awhile. If you read those posts and still invested, you have no one to blame but yourself.

[joystickj]

Maybe we should start to collect numbers?

icecreamgenius  = $40k
joystickj = $37k
Casimir1904 = $25k
....

Add on folks. Let's see the total for this forum group

[Rannasha]

I hate to say I told.... No... wait... That's not right.

It is with great pleasure that I say: I told you so!

And you are here in this forum just to say stuff like this right?

Starting months ago, I made lengthy posts explaining in detail why BT was a Ponzi scheme. I think I did my fair share to warn people to stay the hell away.

[pawlo74]

I guess I should join this discussion since I am possibly the biggest loser of all of you on this deal... My balance was about $37,000. I had $31,588 that I have actually invested (lost). I knew the risk going in and this is certainly not going to bankrupt me as I used "house money" from my previous Bitcoin gains to play with here. I will be monitoring this forum and will be willing to put in my share if we end up having to hire investigators/attorneys/knee breakers. I am a big fan of punishing criminals... Wouldn't mind recovering some money to if that ends up being possible.

+1

[karstenholland]

Much Thanks to this forum for being a great resource. I certainly wish I had been a part of it before I used bitcoin-trader.biz. I just went through my records and summed up that they took a total of $8760(shares); where I had $6120.60(USD) cash deposits.

[joystickj]

updated:

icecreamgenius  = $40k
joystickj = $37k
Casimir1904 = $25k
Karsten Holland = $8760