Is this Trading?

[bitfuturex-innovation]

Bitfuturex.com has created One-Day Trading System, I would like to know your opnions about the system.
Is this good for Trading? Trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.


how One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next price record(00:00) and compared 24h later with next price record, algorithmn compares if price is higher or lower from previous price record, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor's Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00).

[1Referee]

Instead of making people as paranoid as they already are visit an unkown site, you can at least explain what your 'one-day trading system' is here.

[Mahanton]

Bitfuturex.com has created One-Day Trading System, I would like to know your opnions about the system.
Is this good for Trading? Trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.



How One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next record price(00:00) and compared 24h later with the next price record, algorithmn compares if price is higher or lower from previous price, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00), deposit must had at least 5 confirmations before reward be paid,
 

You are basically calling Binary options trade into new "One day trading". Getting all the losers fund credited to the winners basing on what
they had predicted.

Either higher or lower on the price they have entered and 2% deduction isnt bad and i have seen already some sites similar to this but they dont get
too much users or bettors.

[voltesbit777]

Bitfuturex.com has created One-Day Trading System, I would like to know your opnions about the system.
Is this good for Trading? Trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.



How One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next record price(00:00) and compared 24h later with the next price record, algorithmn compares if price is higher or lower from previous price, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00), deposit must had at least 5 confirmations before reward be paid,
 

I'm not so sure if this one called trading, And I think its risky to deposit any amount on the Bitcoin address in the site platform.
in short, there is danger if you try to deposit in any address to their platform, which is you are gambling your money in it.

[torry28]

I'm not so sure if this one called trading, And I think its risky to deposit any amount on the Bitcoin address in the site platform.
in short, there is danger if you try to deposit in any address to their platform, which is you are gambling your money in it.

You should read more carefully mate. That's OP's site, he wants create a daily trade about predict bitcoin price.
OP, this kind of gambling (Yea, for me it's gambling, not trading) have been in some other sites, that's called binary options

[julienkangtambomxzc]

Bitfuturex.com has created One-Day Trading System, I would like to know your opnions about the system.
Is this good for Trading? Trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.



How One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next record price(00:00) and compared 24h later with the next price record, algorithmn compares if price is higher or lower from previous price, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00), deposit must had at least 5 confirmations before reward be paid,
 

Have you tried it yet? , please make a good comment here

[bitfuturex-innovation]

For some is gambling, for other is trading, if community support this project it can be a real thing, hope some traders will do daily trader there and make this project go ahead.

[Findingnemo]

Doesn't sound like trading or me and most probably a scam site it will be if they claim that they give profit guranteed per day by depositing the certain amount.

[Ucy]

This sounds more like binary option trading. It kind of qualifies as gambling and probably not sustainable.   But go ahead and try it,  if it works out for you, why not.
 I don't see much difference between it and leverage trading except for the sharing part.

[stfN2128]

Bitfuturex.com has created One-Day Trading System, I would like to know your opnions about the system.
Is this good for Trading? Trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.



How One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next record price(00:00) and compared 24h later with the next price record, algorithmn compares if price is higher or lower from previous price, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00), deposit must had at least 5 confirmations before reward be paid,
 

Have you tried it yet? , please make a good comment here

just check his name... i guess he is one of the "innovators" xD this isn't trading at all, just a coin flip strategy with a lot of harakiri... good look finding some investors. it will not work for longterm

[qtronix]

It's not exactly trading. It's like some kind of gamble. I don't think you should waste any time. It is better to study real trading, it will bring you much more profit.

[bitfuturex-innovation]

It is trading, there is many kind of tradings, if someone can predict 24h price action is valid, the problem is liquidity, once pools have liquidity traders will see the possibilities, it can be profitable for those whon study daily behaivor of bitcoin, I know many traders that only do daily trades.

[pixie85]

It is trading but very limited. It's more of a trading game than real trading because you're betting on the price in that exact hour when the trades are closed. What if there's a pump 10 minutes after the trades close? You still lose because you sold at midnight and ten minutes later the price change to benefit your choice but you are unaffected.

Like I said it's a trading game but it can be fun if you like these things.

[bitfuturex-innovation]

This scheme doesn't look good. I don't think you should waste time on that. This is similar to binary options. But with them you do not get anything good, so do not even try.

This is the same "scheme" that bitmax do, but in the other way, whon do you think pay the contracts there? the Loosers, bitfuturex is the same bitmax but is other style, I would say a poor style

[satoxbtc]

I think, well it is maybe not trading like what i learn. Because if we only have limited time and then it is decide we win or lose, more like gambling. But maybe other people will have different argument about this.

I belive once pools have good liquidity may be very profitble for trader that can more de 50% of time predict price action.

[maxreish]

How One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next record price(00:00) and compared 24h later with the next price record, algorithmn compares if price is higher or lower from previous price, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00), deposit must had at least 5 confirmations before reward be paid,
 

no my friend thats called gambling, its the normal coin flip bets you can find on alot of gambling sites with dice for instance, no one can predict the price from day to day its impossible anyone telling you they can are lying, this is just a coin flip bet win or lose

I actually thinking that way, too. It is not actually trading but a typical gambling. Sharing price pool is somehow associates in gambling and not in trading. Your explanation is a bit vague for me. The best you can do, if you want to become a day trader or a scalper, consider other trading platforms and other websites aside from the one you have mentioned. Try bitmex instead.

[Mrengage]

Bitfuturex.com has created One-Day Trading System, I would like to know your opinions about the system.
Is this good for Trading? A trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.


how One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next price record(00:00) and compared 24h later with next price record, algorithm compares if price is higher or lower from previous price record, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor's Bitcoin address is displayed in pool's list after next time record 0:00.00 hour(UTC + 00:00).

Is good to welcome a trading platform but, on second thought how well do you trust this exchange platform. Definitely, in the end, there will be one sort of excuses to another that one will get at the end is just to be careful not to make money for another benefit.

[rodel caling]

Bitfuturex.com has created One-Day Trading System, I would like to know your opnions about the system.
Is this good for Trading? Trader can make strategies to make profits in this system? It is new, we are not discussing the platform but the trading system.


how One-Day Trading System Works
You trade if Bitcoin price goes up or down in exact 24h period, Bitcoin price valid for your trade is collected in the next price record(00:00) and compared 24h later with next price record, algorithmn compares if price is higher or lower from previous price record, loser pool funds are shared equally with depositors from winner pool, 2% fees.
Depositor's Bitcoin address is displayed in pool's  list after next time record 0:00.00 hour(UTC + 00:00).

Please give clear and direct what did you want to show for you trasing works, all traders they trade even bitcoin price is up or down everyone have an own strategy and instinct how to avood risk in trasing and to earn profits.


[/quote]

no my friend thats called gambling, its the normal coin flip bets you can find on alot of gambling sites with dice for instance, no one can predict the price from day to day its impossible anyone telling you they can are lying, this is just a coin flip bet win or lose
[/quote]

I actually thinking that way, too. It is not actually trading but a typical gambling. Sharing price pool is somehow associates in gambling and not in trading. Your explanation is a bit vague for me. The best you can do, if you want to become a day trader or a scalper, consider other trading platforms and other websites aside from the one you have mentioned. Try bitmex instead.
[/quote]


That why I ask to OP explain it clearly because is more like gambling than trading.

[custard_pudding]

why wait 24 hours/, have the bets settle at 12 hours, you will get 2% commision twice each day
or even 6 hours , you get 2% four times a day

Some prople are unwary, so you might as well fleece them for 4% a day as 2%

[slashz9]

i think not, if you say that trading why do they have to make a site for someone else and say the system will show bla bla bla.
I think it's odd, because trading is almost the same as gambling but can still be accomplished by calculations, predictions and others, whereas gambling is only based on luck.