crazyivan (OP)
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March 23, 2014, 10:09:24 AM Last edit: August 29, 2014, 09:42:32 AM by crazyivan |
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Hey guys, I have been using a nice Bitcoin arbitrage service recently and it has been quite profitable, I make around 1% ROI per day on average. I have deposited my BTC several times and made a successful withdrawal as well, so everything works great. For those of you unaware how this works, basically they take advantage of BTC price difference between BTC exchanges. In other words, they purchase Bitcoins on the exchange with the lower price, and re-sell those same coins on another exchange and profit through the difference. In addition to their trading pool (BTC arbitrage), they also offer mining pool, this is basically a cloud hashing option. Minimum investment is $20, they have great and responsive support and they have been online for over 9 months. Here are their results for the last couple of months: (Edit: Added July result) Since this is a quite new service, they are 9 months old, please be careful what you invest. I would suggest to go slow, invest $60 and then increase it as you start receiving your profits. Still, be careful what you invest, I cannot be held responsible for your investment decisions. If someone else is interested, I would really appreciate to use my referral link from my signature bellow this post.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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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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crazyivan (OP)
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March 24, 2014, 05:36:39 AM |
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Just to add, March 2014 cumulative results are almost +25% so far. You can check this on their results page.
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crazyivan (OP)
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March 24, 2014, 07:37:08 PM |
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March 24, 2014 trading result: +1.13% Good stuff.
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crazyivan (OP)
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March 25, 2014, 09:35:10 PM |
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March 25, 2014 result: +1.07%
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Crypto.Conyo
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March 25, 2014, 10:22:20 PM |
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scam / hyp . withdraw asap everything.
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botolo86
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March 25, 2014, 10:48:56 PM |
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scam / hyp . withdraw asap everything.
Why are you saying this is a scam?
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crazyivan (OP)
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March 26, 2014, 01:26:57 AM |
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scam / hyp . withdraw asap everything.
Why are you saying this is a scam? Because he is just trying to troll this thread. Bitcoin trader has been around since November 2013, everything works great, their support if friendly and they pay on time. If there is a single negative proof related about their service available online, please show me that. Is there anyone anywhere who got burned by using their service? Please support your statement with some proof and if you cannot, stop trolling.
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steyehn
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March 26, 2014, 02:50:06 AM |
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No problem with withdrawal? How long since you first invested?
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crazyivan (OP)
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March 26, 2014, 02:59:38 AM |
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No problem at all. I use them since mid February but I know people using them since December.
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steyehn
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March 26, 2014, 03:12:57 AM |
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bitcoin-trader.biz? This is the site youre talking about right?
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crazyivan (OP)
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March 26, 2014, 05:34:05 AM |
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Yes, I started using the other one, BTC-arbs about a week before that. However, BTC-arbs is only 2 months old so it is still quite new. If you are going to try it, try Bitcoin trader and invest something small, maybe $40. Once you are comfortable with it, you can slowly increase your share. Anyway, for now, both sites work great and I perform small test withdrawals every week.
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counter
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March 26, 2014, 08:40:06 AM |
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Will be seriously following the progression of this thread. I'm always looking for a solid place to put some coins into and this may be a viable option. Just will have to wait and see for the time being.
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Sindelar1938
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March 26, 2014, 09:25:18 AM |
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I am also in wait and watch mode
Very sceptical, to be honest
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steyehn
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March 26, 2014, 09:53:41 AM |
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Ok thanks il follow your suggestion and invest a small amount first. Thanks for the infos
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crazyivan (OP)
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March 26, 2014, 10:44:41 AM |
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Well, I was also skeptical a bit although I did some arbitrage on my own before and I know that the system definitely work if you have enough volume. What I can confirm is that in the case of BTC-abrs I did 6 different withdrawals and in the case of BTC trader I did one. Everything was fine I both cases but I am also quite cautious ATM. I have invested 0.3 BTC in each of these 2 services and for now I am quite happy. I make about 1% ROI per day on each of them, so 2% in total per day. BTC trader started November 1, 2013 and early adopters have already made some serious money. BTC-arbs is younger, 2 months old. I also have a few of my friends into this and none of them reported any problems.
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steyehn
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March 26, 2014, 11:06:33 AM |
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Is the interest of 3% per day fixed or does it increases and decreases every other day?
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crazyivan (OP)
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March 26, 2014, 11:13:51 AM |
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Is the interest of 3% per day fixed or does it increases and decreases every other day?
3% interest is very rare, I think it was only once or twice so far, usually the spread is between 0.5%-2% per day, depending on arbitrage opportunities and availability. During days of larger BTC price spread between exchanges, you get higher interest. This is why I use both, it not only differentiates the risk but also increases overall return on investment.
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crazyivan (OP)
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March 26, 2014, 12:01:42 PM |
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This is not a Bitcoin trader, the website from this thread but I use BTC-arbs as well and everything is fine for now. People enjoy trolling forums, especially with unsupported comments.
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crazyivan (OP)
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March 26, 2014, 05:48:29 PM |
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March 26, 2014 trading results: BTC-arbs: +1.11%Bitcoin trader: +1.26%Total for the day: 2.36% What a good day, 3 smileys for today.
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