Bitcoin Forum
December 16, 2017, 01:23:51 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  

Warning: You are in the Gambling section. You are likely to eventually lose any money that you gamble/"invest". Additionally, moderators do not remove likely scams. You must use your own brain: caveat emptor. Do not gamble more than you can afford to lose.

Pages: « 1 ... 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 [67] 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 180 »
  Print  
Author Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds  (Read 254176 times)
yonce
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 06:41:32 PM
 #1321

Can no longer access my account - "incorrect login credentials" even though I know I correctly entered them several times. 

lol yonce must be busy today, I get a lot of "This user is ignored messages". He must be going off on how much he knows about sites going under (what a subject to be an expert at!).

In any case, did you try doing the forgot password and resetting your password?

I don't think it takes anything more than common sense to see red flags and a facility to analyze a situation to realize the risks.  I've not sent anything to btc-arbs support regarding wanting to get my legacy funds transferred back.  Meanwhile, others who have been persistently squawking at them to get their money back are somehow being put in a priority list to get their fully legacy funds.  Are they paying people off to shut them up?  Some of these people getting paid back in full have WAY more BTC than I have, yet their audits were fast tracked to completion faster than mine?  Would a company doing legitimate audits sacrifice their audit procedures just satisfy a few?  And for the few who can claim they've been paid back in full, how many more are not being paid?  I'm still only getting 0.0001 BTC back a day.  I wouldn't be surprised if I get my BTC back after this post.  I'm a relatively cheap buy-off.

Those who have been paid back in full have no legitimate evidence that btc-arbs is a scam, yet they themselves would still call it a scam. What evidence do they have when compared to what btc-arbs has plainly said they would do:  1) acquisition, 2) audits, 3) small legacy funds, 4) eventual return of all funds.  As far as what I can tell, btc-arbs has been GOOD on their word.  So, when those people call out "scam", its incredibly easy for the newcomer to ignore those people as paranoid freaks or have some other agenda in mind.  It's a win for btc-arbs and relative cheap for them to do assuming they have plenty of other accounts to hold on to.

Do not forget that this discussion forum is only an incredibly minute fraction of all the accounts they may have.  Not everyone with an account on btc-arbs is active on this forum.  The "downtime" was barely 24hrs.  Not everyone is checking their account every 12 hours.  It would have been easy enough to miss the whole downed site fiasco, log in and see the acquisition notice (ok, no big deal), observe that they are doing what they said that they'd be doing with the legacy funds and small transfers (seem to be good on their word), see that daily interests are being missed, become impatient and deposit more funds in the regular funds to take advantage of the daily interests, only to set oneself up for double or triple the loss when/if the site closes down for good.  I believe THAT is the scenario they could possibly be trying to take advantage of.

I don't understand why people are flipping out over the notion that such a scenario is entirely possible.  Also, I get impression that the common consensus here is "We're not gonna flat out call btc-arbs a scam, but I'll be damn if I leave my money in there".  If it's not a scam, then why not leave your money in there.  Yet, when some tries to explain the possible scam it's met with "shut up, you have another agenda".  I don't get it.

Thank you for posting! Royalty7 was famous for their buy offs of forum members.
For those posting btc-arbs is a scam you can include your member ID in this forum. Might get lucky and get your money back for silence.

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.
1513430631
Hero Member
*
Offline Offline

Posts: 1513430631

View Profile Personal Message (Offline)

Ignore
1513430631
Reply with quote  #2

1513430631
Report to moderator
1513430631
Hero Member
*
Offline Offline

Posts: 1513430631

View Profile Personal Message (Offline)

Ignore
1513430631
Reply with quote  #2

1513430631
Report to moderator
1513430631
Hero Member
*
Offline Offline

Posts: 1513430631

View Profile Personal Message (Offline)

Ignore
1513430631
Reply with quote  #2

1513430631
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513430631
Hero Member
*
Offline Offline

Posts: 1513430631

View Profile Personal Message (Offline)

Ignore
1513430631
Reply with quote  #2

1513430631
Report to moderator
1513430631
Hero Member
*
Offline Offline

Posts: 1513430631

View Profile Personal Message (Offline)

Ignore
1513430631
Reply with quote  #2

1513430631
Report to moderator
sunny1
Sr. Member
****
Offline Offline

Activity: 276


View Profile
April 30, 2014, 07:14:32 PM
 #1322

Can no longer access my account - "incorrect login credentials" even though I know I correctly entered them several times. 

lol yonce must be busy today, I get a lot of "This user is ignored messages". He must be going off on how much he knows about sites going under (what a subject to be an expert at!).

In any case, did you try doing the forgot password and resetting your password?

I don't think it takes anything more than common sense to see red flags and a facility to analyze a situation to realize the risks.  I've not sent anything to btc-arbs support regarding wanting to get my legacy funds transferred back.  Meanwhile, others who have been persistently squawking at them to get their money back are somehow being put in a priority list to get their fully legacy funds.  Are they paying people off to shut them up?  Some of these people getting paid back in full have WAY more BTC than I have, yet their audits were fast tracked to completion faster than mine?  Would a company doing legitimate audits sacrifice their audit procedures just satisfy a few?  And for the few who can claim they've been paid back in full, how many more are not being paid?  I'm still only getting 0.0001 BTC back a day.  I wouldn't be surprised if I get my BTC back after this post.  I'm a relatively cheap buy-off.

Those who have been paid back in full have no legitimate evidence that btc-arbs is a scam, yet they themselves would still call it a scam. What evidence do they have when compared to what btc-arbs has plainly said they would do:  1) acquisition, 2) audits, 3) small legacy funds, 4) eventual return of all funds.  As far as what I can tell, btc-arbs has been GOOD on their word.  So, when those people call out "scam", its incredibly easy for the newcomer to ignore those people as paranoid freaks or have some other agenda in mind.  It's a win for btc-arbs and relative cheap for them to do assuming they have plenty of other accounts to hold on to.

Do not forget that this discussion forum is only an incredibly minute fraction of all the accounts they may have.  Not everyone with an account on btc-arbs is active on this forum.  The "downtime" was barely 24hrs.  Not everyone is checking their account every 12 hours.  It would have been easy enough to miss the whole downed site fiasco, log in and see the acquisition notice (ok, no big deal), observe that they are doing what they said that they'd be doing with the legacy funds and small transfers (seem to be good on their word), see that daily interests are being missed, become impatient and deposit more funds in the regular funds to take advantage of the daily interests, only to set oneself up for double or triple the loss when/if the site closes down for good.  I believe THAT is the scenario they could possibly be trying to take advantage of.

I don't understand why people are flipping out over the notion that such a scenario is entirely possible.  Also, I get impression that the common consensus here is "We're not gonna flat out call btc-arbs a scam, but I'll be damn if I leave my money in there".  If it's not a scam, then why not leave your money in there.  Yet, when some tries to explain the possible scam it's met with "shut up, you have another agenda".  I don't get it.

Thank you for posting! Royalty7 was famous for their buy offs of forum members.
For those posting btc-arbs is a scam you can include your member ID in this forum. Might get lucky and get your money back for silence.

lol, unbelievable this guy. He is making this fine forum a HYIP forum  Roll Eyes
Slipknot79
Hero Member
*****
Offline Offline

Activity: 588



View Profile
April 30, 2014, 07:22:41 PM
 #1323

Dunno whats ya problem with yonce, hes only telling the truth about this poniz scam shit here.

The only thing you have against him is, dat he provided a referal link, light years ago...

It reminds me of these guys dat didnt want to belive this one guy saying, that the earth is a globe and not flat.

                    ▄███▄
                  ▄███████▄
                ▄███████████▄
              ▄███████████▀███▄
            ▄███████████▀███████▄
          ▄███████████▀███████████▄
        ▄███████████▀   ▀███████████▄
      ▄███████████▀       ▀███████████▄
    ▄████▄██████▀           ▀███████████▄
  ▄████████▄██▀               ▀███████████▄
  ███████████▄                 ▀██████████
   ▀███████████▄             ▄████▀██████▀
     ▀███████████▄         ▄████████▀██▀
       ▀███████████▄     ▄███████████▀
         ▀███████████▄ ▄███████████▀
           ▀█████████▄███████████▀
             ▀█████▄███████████▀
               ▀█▄███████████▀
                 ▀█████████▀
                   ▀█████▀
Globitex






1
..Linking Digital Currency to Global Trade..







yonce
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 07:25:50 PM
 #1324

Dunno whats ya problem with yonce, hes only telling the truth about this poniz scam shit here.

The only thing you have "against" him is, dat he provided a referal link, light years ago...

It reminds me of these guys dat didnt want to belive this one guy saying, that the earth is a globe and not flat.


haha! thanks. I kind of sometimes feel like that when I post. The referral link repeat attacks is just trying to grasp for straws I believe. Because posting one referral link that was up for about 30 minutes till I removed it when I first joined literally means nothing. We all should be able to share our information and experiences in peace without the fear of being attacked for anything said.

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.
FreeJack2k2
Sr. Member
****
Offline Offline

Activity: 364


View Profile
April 30, 2014, 07:47:33 PM
 #1325

The fact is, a lot of people are hoping against hope that there's something legitimate about this site...in the face of all evidence to the contrary. I wanted to believe it was legitimate for a LONG time, I didn't think the similarity in site design to a prior scam site was convincing enough, since those designs can be repurposed and resold by their developers. The updates always seemed to jive with the market and the answers I got from Adam were acceptable. I never had any issues withdrawing funds. I'd had no experience with ponzi schemes in the past, but I didn't really understand how the percentages I was being credited with every day could have come from new users, when new users also received the same percentages I did from their deposits.

Over time I realized that the numbers were just numbers in my account. I assumed they represented funds that were on trading accounts and were being reconciled every day, to derive the percentage profit...but now I realize that it didn't really matter whether I had 3 Bitcoin in my account or 300, they were just numbers. It didn't matter how much it said I had, until the time came to withdraw the funds. That's when the money had to become "real" again. When I saw someone come in saying his friend tried to pull 30 out at once and had it canceled, and was then told to withdraw a little at a time instead, I started to worry...so a few days later, I initiated my first small withdrawl (5 BTC). Then Easter happened, and of course, the transfer was canceled by admin and my entire balance was locked behind a fence.

So it's not looking good. But while I think Yonce is belaboring the point a little bit (yes we get it, it's most likely a ponzi) there's no reason to make accusations at him. It's a hard lesson to learn, but we need to learn it and be more careful next time...and he's just saying that if you get educated about it, you CAN make money on HYIPs and learn how to sort out the good ones from the bad. Me, I have no intention of ever doing anything like this again. However, I DO plan on engaging in arbitrage on my own, eventually. I have educated myself about how it can be done efficiently and effectively, so when I've amassed enough to make it worthwhile, I'm going to try it.
sorrynn
Jr. Member
*
Offline Offline

Activity: 56


View Profile
April 30, 2014, 08:06:19 PM
 #1326

hello. again I am reading the posts and I see there aren't actually any other people having their funds totally moved from legacy to regular balance.
I guess it was the selective users for possible attracting more people to deposit...I don't know. I recommend to raise a ticket and ask the admin to proceed with your transfer/ask the status of your account. Maybe it will happen. Probably most of people involved will not receive their investment back, but more and more it seems a ponzi to me.
lesnod11
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 08:08:33 PM
 #1327

The fact is, a lot of people are hoping against hope that there's something legitimate about this site...in the face of all evidence to the contrary. I wanted to believe it was legitimate for a LONG time, I didn't think the similarity in site design to a prior scam site was convincing enough, since those designs can be repurposed and resold by their developers. The updates always seemed to jive with the market and the answers I got from Adam were acceptable. I never had any issues withdrawing funds. I'd had no experience with ponzi schemes in the past, but I didn't really understand how the percentages I was being credited with every day could have come from new users, when new users also received the same percentages I did from their deposits.

Over time I realized that the numbers were just numbers in my account. I assumed they represented funds that were on trading accounts and were being reconciled every day, to derive the percentage profit...but now I realize that it didn't really matter whether I had 3 Bitcoin in my account or 300, they were just numbers. It didn't matter how much it said I had, until the time came to withdraw the funds. That's when the money had to become "real" again. When I saw someone come in saying his friend tried to pull 30 out at once and had it canceled, and was then told to withdraw a little at a time instead, I started to worry...so a few days later, I initiated my first small withdrawl (5 BTC). Then Easter happened, and of course, the transfer was canceled by admin and my entire balance was locked behind a fence.

So it's not looking good. But while I think Yonce is belaboring the point a little bit (yes we get it, it's most likely a ponzi) there's no reason to make accusations at him. It's a hard lesson to learn, but we need to learn it and be more careful next time...and he's just saying that if you get educated about it, you CAN make money on HYIPs and learn how to sort out the good ones from the bad. Me, I have no intention of ever doing anything like this again. However, I DO plan on engaging in arbitrage on my own, eventually. I have educated myself about how it can be done efficiently and effectively, so when I've amassed enough to make it worthwhile, I'm going to try it.

I was fine with it at first, but it just continues and continues.... he has no horse in this race and still on and on we go with the "it's a scam". So we get it! He is perfect, he knew from the start. Now that he has made that point, it's time to go away and stop turning this discussion into a "I told you so", and "my predictions.... which are always right" discussion.
yonce
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 08:16:04 PM
 #1328

hello. again I am reading the posts and I see there aren't actually any other people having their funds totally moved from legacy to regular balance.
I guess it was the selective users for possible attracting more people to deposit...I don't know. I recommend to raise a ticket and ask the admin to proceed with your transfer/ask the status of your account. Maybe it will happen. Probably most of people involved will not receive their investment back, but more and more it seems a ponzi to me.

Correct, if you make enough noise you might get the chance to be a selective payout. Doesn't hurt to try.

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.
yonce
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 08:17:49 PM
 #1329

The fact is, a lot of people are hoping against hope that there's something legitimate about this site...in the face of all evidence to the contrary. I wanted to believe it was legitimate for a LONG time, I didn't think the similarity in site design to a prior scam site was convincing enough, since those designs can be repurposed and resold by their developers. The updates always seemed to jive with the market and the answers I got from Adam were acceptable. I never had any issues withdrawing funds. I'd had no experience with ponzi schemes in the past, but I didn't really understand how the percentages I was being credited with every day could have come from new users, when new users also received the same percentages I did from their deposits.

Over time I realized that the numbers were just numbers in my account. I assumed they represented funds that were on trading accounts and were being reconciled every day, to derive the percentage profit...but now I realize that it didn't really matter whether I had 3 Bitcoin in my account or 300, they were just numbers. It didn't matter how much it said I had, until the time came to withdraw the funds. That's when the money had to become "real" again. When I saw someone come in saying his friend tried to pull 30 out at once and had it canceled, and was then told to withdraw a little at a time instead, I started to worry...so a few days later, I initiated my first small withdrawl (5 BTC). Then Easter happened, and of course, the transfer was canceled by admin and my entire balance was locked behind a fence.

So it's not looking good. But while I think Yonce is belaboring the point a little bit (yes we get it, it's most likely a ponzi) there's no reason to make accusations at him. It's a hard lesson to learn, but we need to learn it and be more careful next time...and he's just saying that if you get educated about it, you CAN make money on HYIPs and learn how to sort out the good ones from the bad. Me, I have no intention of ever doing anything like this again. However, I DO plan on engaging in arbitrage on my own, eventually. I have educated myself about how it can be done efficiently and effectively, so when I've amassed enough to make it worthwhile, I'm going to try it.

Thanks for the post. Good luck on your arbitrage endeavor. I wish I had the balls or even the skill lol to try it.

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.
sorrynn
Jr. Member
*
Offline Offline

Activity: 56


View Profile
April 30, 2014, 08:28:40 PM
 #1330

well, it happened to me, I am sharing it with you, maybe there will be more people on the better side of the boat...my only concern is: if a site is a ponzi, do the affected users have a chance to recover their loss? I mean is there a way of finding the scam owners? I posted some txids, maybe others can understand better from which wallets the btcs are coming and where I deposit my btcs and where they went from that wallet...but I don't know how to read everything in the btc block chain...I would really appreciate some guidance for better understanding. I also posted my correspondence with admin for better understanding my case and the result. Still, somehow there must be a way to find these persons, but I don't know what that is. Probably this is not the first scam this Adam/Jon Doe canadian comic is doing and he wants to improve his tactics, but I really don't know many things about ponzis/HYPS. I am new in this side and I just considered it might be nice to get something from arbitrage...somehow I have the feeling the arbitrage was just the reason to attract people like us to make an investment...the process they explain works perfect if you have a bot and you setup the desired percentage where it can trade for you, then make the balance again on your accounts...at least that is what I heard...but in this case, I have doubts they to that. In plus, I think yesterday they posted pretty early the results for the day...makes me think again: is that for real or just an automatically generated value in excel?

I hope for the best for all of you. Looking forward to read here more posts with successful withdrawals.

Cheers
juanbond
Member
**
Offline Offline

Activity: 89


View Profile
April 30, 2014, 08:30:20 PM
 #1331

24 hours have gone by since my 1.006 BTC withdrawal request.  Hopefully sometime in the next 24 hours it will actually happen, as I believe people have said their processing window is now stated as 48 hours...  I'll report back again tomorrow.  Fingers still crossed!

sorrynn
Jr. Member
*
Offline Offline

Activity: 56


View Profile
April 30, 2014, 08:44:49 PM
 #1332

24 hours have gone by since my 1.006 BTC withdrawal request.  Hopefully sometime in the next 24 hours it will actually happen, as I believe people have said their processing window is now stated as 48 hours...  I'll report back again tomorrow.  Fingers still crossed!

Very strange..if you see my previous post on the other page you can see that I think it took 30 minutes since I asked withdrawal until it was processed. probably I had the admin online at that time. I think it was around 7:30 PM server time. still, they are striving to process all withdrawals within 36 hours...so you're still within the regular timeframe. Finger crossed for you.
yonce
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 08:48:25 PM
 #1333

well, it happened to me, I am sharing it with you, maybe there will be more people on the better side of the boat...my only concern is: if a site is a ponzi, do the affected users have a chance to recover their loss? I mean is there a way of finding the scam owners? I posted some txids, maybe others can understand better from which wallets the btcs are coming and where I deposit my btcs and where they went from that wallet...but I don't know how to read everything in the btc block chain...I would really appreciate some guidance for better understanding. I also posted my correspondence with admin for better understanding my case and the result. Still, somehow there must be a way to find these persons, but I don't know what that is. Probably this is not the first scam this Adam/Jon Doe canadian comic is doing and he wants to improve his tactics, but I really don't know many things about ponzis/HYPS. I am new in this side and I just considered it might be nice to get something from arbitrage...somehow I have the feeling the arbitrage was just the reason to attract people like us to make an investment...the process they explain works perfect if you have a bot and you setup the desired percentage where it can trade for you, then make the balance again on your accounts...at least that is what I heard...but in this case, I have doubts they to that. In plus, I think yesterday they posted pretty early the results for the day...makes me think again: is that for real or just an automatically generated value in excel?

I hope for the best for all of you. Looking forward to read here more posts with successful withdrawals.

Cheers

Sorry there is no way to track them down, and the general consensus for those who play HYIP's is just move onto the next game. There of course have been on occasion over the many years upset people about their losses who have tried to. It's a lost cause and those who got the short end of the stick usually move onto the next game and forget about the last. The majority of HYIP admins are also anonymous in second world countries then start a new game with new personas. Everything is under fake names, even the ones that use UK corporations are also falsified and bought by vendors who sell them to HYIP admins.
If I was to make a list of all the programs I have been in over the years, there would be some that I totally would not be able to remember their names.

Wish you luck in getting as much of your funds back you can. You are totally right about the arbitrage story being a ploy. It's a new kind of ploy coming from a HYIP admin that has been very profitable for the ones claiming bitcoin revenues.

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.
sorrynn
Jr. Member
*
Offline Offline

Activity: 56


View Profile
April 30, 2014, 09:05:34 PM
 #1334

thanks, I am one lucky guy, received everything back plus the interest during the time I had my btcs on site...just posted 1 or 2 pages ago...the fun part is: I have a friend who also has btcs there and he is taking into consideration to start an arbitrage business for him and his closer friends. I know the guy and I am very tempted to jump in, but at this stage I am not making any teasing to anyone and probably I will not make any future commercial to that with any referral link. For sure it will not be a scam. At least I will have the opportunity to understand better some aspects of btc world. The advantage is I know him, and he is trusty, at least for me, so I feel more comfortable.

Cheers
lesnod11
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 09:07:36 PM
 #1335

thanks, I am one lucky guy, received everything back plus the interest during the time I had my btcs on site...just posted 1 or 2 pages ago...the fun part is: I have a friend who also has btcs there and he is taking into consideration to start an arbitrage business for him and his closer friends. I know the guy and I am very tempted to jump in, but at this stage I am not making any teasing to anyone and probably I will not make any future commercial to that with any referral link. For sure it will not be a scam. At least I will have the opportunity to understand better some aspects of btc world. The advantage is I know him, and he is trusty, at least for me, so I feel more comfortable.

Cheers

Crazy the amount of people now planning to go out on their own. I have also written my own arbitrage program and will start trading it within a couple weeks.
sorrynn
Jr. Member
*
Offline Offline

Activity: 56


View Profile
April 30, 2014, 09:18:51 PM
 #1336

thanks, I am one lucky guy, received everything back plus the interest during the time I had my btcs on site...just posted 1 or 2 pages ago...the fun part is: I have a friend who also has btcs there and he is taking into consideration to start an arbitrage business for him and his closer friends. I know the guy and I am very tempted to jump in, but at this stage I am not making any teasing to anyone and probably I will not make any future commercial to that with any referral link. For sure it will not be a scam. At least I will have the opportunity to understand better some aspects of btc world. The advantage is I know him, and he is trusty, at least for me, so I feel more comfortable.

Cheers

Crazy the amount of people now planning to go out on their own. I have also written my own arbitrage program and will start trading it within a couple weeks.

I think it all resumes to trust...and let's face it: if you can't trust yourself you're in big trouble...unfortunately I don't know programming so I rely on my friend Smiley
yonce
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 09:30:10 PM
 #1337

thanks, I am one lucky guy, received everything back plus the interest during the time I had my btcs on site...just posted 1 or 2 pages ago...the fun part is: I have a friend who also has btcs there and he is taking into consideration to start an arbitrage business for him and his closer friends. I know the guy and I am very tempted to jump in, but at this stage I am not making any teasing to anyone and probably I will not make any future commercial to that with any referral link. For sure it will not be a scam. At least I will have the opportunity to understand better some aspects of btc world. The advantage is I know him, and he is trusty, at least for me, so I feel more comfortable.

Cheers

Congrats indeed!

Of course if it is legitimate he can't legally start a company offering it to the public as that would in essence be pushing unlicensed securities. But he can freely do it for you and his friends Smiley
That of course though should always be the first sign with sites btc-arbs, bitcoin-trader is they are selling unlicensed securities which are all HYIP ponzi games.

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.
dyask
Hero Member
*****
Offline Offline

Activity: 658


View Profile
April 30, 2014, 10:06:19 PM
 #1338

Quote
Date   Message
30/04/2014 00:46   Bitcoin withdrawal request for 0.408 bitcoins

Still no sign on the blockchain for this transaction.

And no response from my support ticket about my second deposit

Well you are about 3 hours ahead of me.

I did receive my tiny withdraw of .0461, so at least I got 3% back. 
FreeJack2k2
Sr. Member
****
Offline Offline

Activity: 364


View Profile
April 30, 2014, 10:49:03 PM
 #1339

That sounds familiar.
yonce
Full Member
***
Offline Offline

Activity: 182


View Profile
April 30, 2014, 10:49:25 PM
 #1340

At the end of the trading day, they sell the small amount of Bitcoin. They then tally up the cash stacks on each exchange, compare it against the cash amount at the beginning of the day, and know what their profit was.

Subtract any wire transfer fees to rebalance if needed, and that's your net profit. Take your percentage as the trader, and what's left is reported as the day's gain and split amongst the "investor pool." They may or may not have been running trade bots to ensure that they were in Bitcoin during upswings while they weren't actively trading.

Confused, are you asserting btc-arbs does real trading?

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.
Pages: « 1 ... 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 [67] 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 180 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!