andydabeast
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Activity: 98
Merit: 10
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March 17, 2014, 08:17:10 PM |
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crazyivan
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Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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March 17, 2014, 08:46:26 PM |
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Not really, bunch of sites are anonymous for tons of reasons, especially when dealing with a lot of cash. It is new, that also means nothing. If they don't close down withing a month or two, it should be OK. |
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FreeJack2k2
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March 17, 2014, 09:10:08 PM |
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It more or less reiterates the risk factors we've talked about in the thread, mainly that they use Whoisguard to protect the details of their domain registration. They say that it's been reported as untrustworthy and they've detected negative online feedback for it, but they don't give any references or links to explain it. Says it's been given a low reliability rating by other websites, so I'd be curious to know who those other websites are. I've done a lot of searching online about the site and so far, I haven't seen any serious complaints. Everyone has been able to withdraw, people usually get prompt responses from support inquiries on the site. I guess I'd like it if these guys would do more to substantiate the negative rating, in terms of pointing out the negative feedback and which sites have called it untrustworthy. I agree that using the Whoisguard service to disguise registration details would tend to make users nervous, I'm not totally comfortable with it...but I keep going back to BTC-e and how anonymous that site is, yet it is responsible for a huge amount of the daily trading in crypto-currency and people trust it because of longevity. BTC-arbs is new, so there's a healthy amount of distrust out there about it...but so far, so good is my attitude. |
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zoonosis
Copper Member
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Activity: 199
Merit: 14
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March 19, 2014, 06:44:24 AM |
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Hi guys, FYI
I couldn't find any fees listed so I asked them how they actually made money.
The eventual response was they take 20-25% of the total profit before paying out.
So if it was 1% we would get 0.75%
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dyask
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March 19, 2014, 08:01:29 AM |
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Hi guys, FYI
I couldn't find any fees listed so I asked them how they actually made money.
The eventual response was they take 20-25% of the total profit before paying out.
So if it was 1% we would get 0.75%
That is pretty much what I expected. That is why the don't mine dealing with small accounts. |
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indeed
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Activity: 100
Merit: 10
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March 19, 2014, 02:42:07 PM |
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Anyone else having problems logging in? I tried logging in today (after successfully logging in yesterday - with 2-factor auth) and can't get in. Tried resetting my password but I don't get a confirmation that an email is sent and either it isn't being sent or is taking for ever.... ugg. I've checked and double-checked my login - i've logged in repeatedly before this morning without problems, so I know I'm not typing in the wrong info.
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bigtimespaghetti
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Activity: 1652
Merit: 1057
bigtimespaghetti.com
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March 19, 2014, 03:44:37 PM |
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Anyone else having problems logging in? I tried logging in today (after successfully logging in yesterday - with 2-factor auth) and can't get in. Tried resetting my password but I don't get a confirmation that an email is sent and either it isn't being sent or is taking for ever.... ugg. I've checked and double-checked my login - i've logged in repeatedly before this morning without problems, so I know I'm not typing in the wrong info.
Had no problem logging in myself. |
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nightengale
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March 19, 2014, 07:22:32 PM |
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Hi guys, FYI
I couldn't find any fees listed so I asked them how they actually made money.
The eventual response was they take 20-25% of the total profit before paying out.
So if it was 1% we would get 0.75%
A red flag he was so evasive -- what do you mean by "eventual"? Meaning that they took a long time to respond at all, or you had to ask repeatedly to get an answer? So either they're making money hand over fist and didn't want to admit how much they could be making... Or the whole thing is, in fact, some sort of elaborate scam. Only time will tell I suppose. |
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FreeJack2k2
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March 19, 2014, 07:43:31 PM |
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I am not bothered by them taking 20% of the profits as they are doing 100% of the work. As long as it continues to be profitable, I'm fine.
Don't expect a whole lot today unless they managed to get some opportunities on the smaller exchanges. BTC-e and Bitstamp have been neck and neck all day.
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bigtimespaghetti
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Activity: 1652
Merit: 1057
bigtimespaghetti.com
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March 19, 2014, 10:08:51 PM |
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I am not bothered by them taking 20% of the profits as they are doing 100% of the work. As long as it continues to be profitable, I'm fine.
Don't expect a whole lot today unless they managed to get some opportunities on the smaller exchanges. BTC-e and Bitstamp have been neck and neck all day.
Honestly I'd be happy with 0.1% daily. But I'm going to need more assurance before I leave significant funds somewhere with big question marks. |
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j4r3k
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Activity: 33
Merit: 0
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March 20, 2014, 10:25:33 PM |
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I've made a second deposit 2 days ago, but probably I forgot to press 'confirm' at the site (I don't remember). The amount never showed up under my balance. I sent a ticket two times, got no response.
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nightengale
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March 20, 2014, 10:38:30 PM |
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I've made a second deposit 2 days ago, but probably I forgot to press 'confirm' at the site (I don't remember). The amount never showed up under my balance. I sent a ticket two times, got no response.
This might be a dumb question, but did you check in the support ticket on the site? The first time I sent a support request, I was expecting an email reply, but actually got one on the site within the support ticket. Just thought I'd mention it... |
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j4r3k
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March 20, 2014, 11:02:47 PM |
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Sure I did.
I send an e-mail to the admin@ today also.
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longlivebitcoin
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March 20, 2014, 11:03:03 PM |
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I've made a second deposit 2 days ago, but probably I forgot to press 'confirm' at the site (I don't remember). The amount never showed up under my balance. I sent a ticket two times, got no response.
This might be a dumb question, but did you check in the support ticket on the site? The first time I sent a support request, I was expecting an email reply, but actually got one on the site within the support ticket. Just thought I'd mention it... not a dumb question. I freaked out as well until i figured out that the support ticket response was on my account support page, on their site. results for the day havnt been posted yet which worries me being that they always have had them posted by 3 pm pacific time. Ill withdrawing tomorrow which was my plan from the start and will report back if i have any issues. |
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nightengale
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March 21, 2014, 12:18:33 AM
Last edit: March 21, 2014, 12:35:13 AM by nightengale |
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Is today the day?
Edit: Nope, good result.
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j4r3k
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March 21, 2014, 01:23:03 AM |
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I have missing March 20 in the stats, there is 19 and 21 ;]
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FreeJack2k2
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March 21, 2014, 02:06:34 AM |
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I have missing March 20 in the stats, there is 19 and 21 ;]
That's because the time that the results were posted was actually the 21st in Switzerland. It was posted after midnight their time (which also jives with the claim that this is where they're based). Tomorrow you'll probably see two results for the 21st. I've had that happen before, with them. If you don't hit "confirm" after you send Bitcoin, I think it causes them issues because I get the feeling they handle the transactions manually, it's not automated. It probably sends them an e-mail or something that lets them know how much Bitcoin was sent, to what account, the transaction ID, etc... I added today with the usual method and funds were credited within two hours. I think they were late with posting results today because there wasn't really a spread to speak of on BTC-e and Bitstamp until very late in the day and it only opened up for a short window of time; most of the day, the two exchanges were on par. For about half an hour, a spread of $5-6 opened up between those two and since they use bots for those two exchanges, they'd have gotten in on it. They were probably working manually on the smaller exchanges the rest of the day. |
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j4r3k
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March 21, 2014, 06:31:50 AM |
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Manually or not that does not justify not responding to my deposit issue for 2+ days. E-mail failed also. They just took my BTC.
My first deposit was ok when I clicked confirm.
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FreeJack2k2
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March 21, 2014, 06:36:53 AM |
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Manually or not that does not justify not responding to my deposit issue for 2+ days. E-mail failed also. They just took my BTC.
My first deposit was ok when I clicked confirm.
Did you get them to solve it for you? I have usually had an answer to any support question within 24 hours. I would make sure you provide transaction ID, date, time and amount when you ask about it, if you didn't. Definitely keep us posted about how it goes. It has never taken longer than 5-6 hours for one of my deposits to go through. |
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j4r3k
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March 21, 2014, 07:56:48 AM |
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As I said: no.
Of course I sent ID, my address, their address, amount. Even the link to the explorer.
Looks like they don't give a f. if one don't press evil confirm button :]
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