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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Luno
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March 16, 2014, 03:43:31 AM |
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You forgot the disclaimer:
Never install a trading bot that is not open source or from a trusted party:
A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.
Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
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BitcoinSniper (OP)
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March 16, 2014, 03:49:30 AM |
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You forgot the disclaimer:
Never install a trading bot that is not open source or from a trusted party:
A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.
Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
if the software was sketchy could you tell once you had ? Like how would one know if it was safe? |
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Luno
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March 16, 2014, 04:01:16 AM |
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You forgot the disclaimer:
Never install a trading bot that is not open source or from a trusted party:
A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.
Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
if the software was sketchy could you tell once you had ? Like how would one know if it was safe? That's the point with trading software / platforms you don't know. I have no reason to distrust OP, I'm just telling you guys to be very careful with giving your exchange log-on details to someone’s software. |
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BitcoinSniper (OP)
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March 16, 2014, 04:03:13 AM |
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You forgot the disclaimer:
Never install a trading bot that is not open source or from a trusted party:
A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.
Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
if the software was sketchy could you tell once you had ? Like how would one know if it was safe? That's the point with trading software / platforms you don't know. I have no reason to distrust OP, I'm just telling you guys to be very careful with giving your exchange log-on details to someone’s software. totally understand and scary. I just keep enough in the exchange that if i lose it . It would be no big deal. kinda like gambling. I only gamble with money i can afford to lose |
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Singlebyte
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March 16, 2014, 04:05:23 AM
Last edit: March 16, 2014, 06:12:54 AM by Singlebyte |
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A little self promotion? Why don't you disclose that instead of a shady post saying you woke up with profits from "this bot"? Anyone can see you have the same nickname as the website you are trying to promote.
Btw, are you releasing the source code? If not, I recommend everyone stay away from closed source code. No reason to give someone your credentials to money you have on an exchange.
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BitcoinSniper (OP)
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March 16, 2014, 04:27:46 AM |
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A little self promotion? Why don't you disclose that instead of a shady post saying you woke up with profits form "this bot"? Anyone can see you have the same nickname as the website you are trying to promote.
Btw, are you releasing the source code? If not, I recommend everyone stay away from closed source code. No reason to give someone your credentials to money you have on an exchange.
I am not the DEV but I am promoting the software because I have done well with it. |
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TheMage
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March 16, 2014, 04:52:51 AM |
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Source code please
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Gladdy
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March 16, 2014, 06:11:55 AM |
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Theres no bots  |
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trustnobody
Member
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Activity: 82
Merit: 10
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March 16, 2014, 06:37:28 AM |
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totally understand and scary. I just keep enough in the exchange that if i lose it . It would be no big deal. kinda like gambling. I only gamble with money i can afford to lose
[/quote]
Yeah, I'm quite the same. I don't understand how people can spend really big money on gambling, moreover using bots for it.
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BitcoinSniper (OP)
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March 16, 2014, 06:40:53 AM |
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Good for you . you can see my post . Looks like some hard research . How long did it take you ha ha ha ha  |
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greenlion
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March 16, 2014, 08:10:36 AM |
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The website for this product made me think I was having a stroke.
Also there are links selling 2 and 4 terrahash ASIC miners with photographs of what appears to be the case of a gaming PC.
Absolutely terrifying.
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leonArdo@margin
Legendary
Offline
Activity: 1988
Merit: 1008
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March 16, 2014, 12:48:05 PM |
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some personal remarks on the use of trading bots: If you don't have access to the sources make at least sure you run it in a safe environment (e.g. VirtualBox, kvm, vmware), generate a new trading key and revoke any withdrawal privileges from that key. Or even setup a new trading account for the bot entirely. And as always: don't risk more funds as you are willing to loose. (Disclaimer: I also develop/sell algo trading software, so expect my opinion to be a bit biased  |
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dangerkid
Newbie
Offline
Activity: 33
Merit: 0
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March 16, 2014, 02:28:31 PM |
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Giving full access to a untrusted bot is same like giving your wallet to a stranger to "take care of it".
you can probably guess that the funds will be gone in seconds
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