Bitcoin Forum
May 24, 2019, 08:06:14 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: btc-arbs.net - Anyone use them to earn interest on their BTC?  (Read 831 times)
Bitduder
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
February 20, 2014, 01:57:21 AM
 #1

Has anyone used this site btc-arbs.net?  They are claiming to offer daily interest on all BTC deposits.  Looks on the up and up but I am not sure whether to trust them yet or not.
1558685174
Hero Member
*
Offline Offline

Posts: 1558685174

View Profile Personal Message (Offline)

Ignore
1558685174
Reply with quote  #2

1558685174
Report to moderator
1558685174
Hero Member
*
Offline Offline

Posts: 1558685174

View Profile Personal Message (Offline)

Ignore
1558685174
Reply with quote  #2

1558685174
Report to moderator
1558685174
Hero Member
*
Offline Offline

Posts: 1558685174

View Profile Personal Message (Offline)

Ignore
1558685174
Reply with quote  #2

1558685174
Report to moderator
PLAY OVER 3000 GAMES
LIGHTNING FAST WITHDRAWALS
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1558685174
Hero Member
*
Offline Offline

Posts: 1558685174

View Profile Personal Message (Offline)

Ignore
1558685174
Reply with quote  #2

1558685174
Report to moderator
gixmo
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
February 20, 2014, 03:18:31 AM
 #2

no but it looks like a hyip they'll probably evaporate in a month or so
o3u
Sr. Member
****
Offline Offline

Activity: 393
Merit: 250


Money comes, money goes


View Profile WWW
February 20, 2014, 04:28:04 AM
 #3

I don't know if they are legit, but after dropping 3 btc there yesterday i was able to withdraw 2 BTC (with 1 hour 30 delay approx)

Obviously all signs of a HIYP, and being careful is always recommended.

Don't put more than you're willing to throw away,
keithers
Legendary
*
Offline Offline

Activity: 1386
Merit: 1001


This is the land of wolves now & you're not a wolf


View Profile
February 20, 2014, 06:21:07 AM
 #4

Hmmm I may consider putting a small amount there to see what happens...
richmke
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
February 20, 2014, 06:37:02 AM
 #5

The problem with arbing bitcoin is moving USD between them. Assuming 1% transaction fees (moving money around), that implys that a 1% difference can persist between the exchanges (or $6 at a $620 btc/usd price).

If they are getting 1% daily returns, it should not be hard to find a handful of whales to bankroll them.

I doubt that they need much money. Certainly not enough to be worth investing in creating an individual account system and all the processing hassles. The daily volume on bitstamp is $7 million USD. I doubt they would need more than 1% of that to arbitrage, or about $70,000.
railzand
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250

Lux e tenebris


View Profile
February 20, 2014, 07:06:25 AM
 #6

obvious scam. obvious shill

Pages: [1]
  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!