Sirrah
Newbie
Offline
Activity: 45
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 06:04:38 AM |
|
You do realise that this is a HYIP/Ponzi right? There is no way that 1+% each day is remotely sustainable or viable - your simply being fooled. My advice is to withdraw your BTC ASAP or at least don't promote a scam. Arbitrage is fine my concern is your not the one skin it or in control your simply taking their word with no proof. Either way don't come complaining when they run away with your money.
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 06:21:00 AM |
|
You do realise that this is a HYIP/Ponzi right? There is no way that 1+% each day is remotely sustainable or viable - your simply being fooled. My advice is to withdraw your BTC ASAP or at least don't promote a scam. Arbitrage is fine my concern is your not the one skin it or in control your simply taking their word with no proof. Either way don't come complaining when they run away with your money.
I have heard that comment already here. Yet, there is no single evidence of them being scam and they operate about 5 months, personally using them for 2. I made 2 withdrawals so far and everything was fine. Regarding your comment, there is no way to reach 1%, this is not true. If you include smaller exchanges, the difference in price can be up to 3% on some occasions. Factor in daily price volatility where BTC trading bots can get you a lot of money simply by buying and selling BTC. Also, there ve been days where their result was negative. Having said this, I have clearly stated in my posts the risks of this and any other Bitcoin related investment. Let me refresh your memory, Mtgox - RISKY, buying cloud hashing - RISKY, bitcoin gambling - RISKY, bitcoin securities - RISKY, bitcoin exchanges and trading - RISKY, bitcoin arbitrage - RISKY. So please, this is still young service, only time will tell how honest they are, invest small amount, $40 if you like and withdraw often until you reach ROI. Thank you for your advice.
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 04:50:27 PM |
|
Yup, this is exactly what I have been saying all the time. Investing 10 BTC at this point is not a smart move, investing 0.3 is an acceptable risk level. Also, withdraw often.
|
|
|
|
TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 30, 2014, 10:19:57 PM |
|
Yup, this is exactly what I have been saying all the time. Investing 10 BTC at this point is not a smart move, investing 0.3 is an acceptable risk level. Also, withdraw often.
Risk has nothing to do with the amount invested. Risk is probability and time when the founder will run with the coins. Also, ever wondered, why only people with refcodes say good things about this arb business?
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 01, 2014, 06:10:06 AM |
|
March 31, 2014 trading results:
BTC arbs: +0.62%
Bitcoin trader: +0.88%
Since today is April 1, 2014, BTC arbs has been online for 2 months and Bitcoin trader has been operating for 5 months. For now, both of these services are operating without any issues. However, I still believe both of these are quite young and advise caution if you decide to invest. If you decide to get in, go slow and withdraw often.
|
|
|
|
troy112
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 01, 2014, 06:14:12 AM |
|
Arbitrage is a good oppertunity, regulations get into the way. Every exchange have several different polices. And the time taken to do the transaction have to be taken into consideration.
alt. Coin arbitrage is easy, but less profitable
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 06:15:21 AM |
|
April 1, 2014 trading results: BTC-arbs: +1.05% ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin trader: +1.43% ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
mike2010
Newbie
Offline
Activity: 11
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 07:29:19 AM |
|
The question is why you are promoting them? Its easy to say scam! and its easy to show its not by everyday!
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 07:45:02 AM |
|
I promote them because I personally use them and have had no issues with them so far. In exactly 57 days I should get my investment back, reaching my ROI and make a nice profit. Also, I have clearly stated risks of this investment so people can decide whether these risks are acceptable or not. I am not sugar coating anything, it is relatively risky but it is profitable. Thank you for comment.
|
|
|
|
steyehn
Newbie
Offline
Activity: 56
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 11:12:50 AM |
|
how do they pay the earning? is it per share which is worth 20 dollars so all share earn same amount of .02 cents if the earning for today is 1% or is it 1% of the equivalent amount of bitcoin when you purchase the share. cause if i buy a share today compared when you bought your share then il have to pay more bitcoins.
thanks
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 11:57:33 AM |
|
how do they pay the earning? is it per share which is worth 20 dollars so all share earn same amount of .02 cents if the earning for today is 1% or is it 1% of the equivalent amount of bitcoin when you purchase the share. cause if i buy a share today compared when you bought your share then il have to pay more bitcoins.
thanks
Yes, earnings are per share, starting from the day you buy that share. Besides Bitcoin, you can use several other payment processors if that is more convenient for you. Do NOT invest unless you are 100% aware of the risks involved.
|
|
|
|
🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
Offline
Activity: 1316
Merit: 1043
👻
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 12:16:00 PM |
|
i can't see how this can go wrong
|
|
|
|
cozytrade
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1164
Merit: 310
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 12:16:49 PM |
|
Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit a day using 100,000 USD principal ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 01:05:16 PM |
|
Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit a day using 100,000 USD principal ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Your dollar performance depends on the amount invested. To clarify this, you buy trading shares, each share is $20 and it expires in 120 days. After these 120 days, you get your principal back, that is the money you have paid to purchase your shares. In the meantime, during these 120 days, each day you get percentage of trading profits/loses, depending on arbitrage opportunities for that particular day. So, if you buy 5 shares and invest $100 and daily result is +1%, you get $1 in profits or 20 cents per each share purchased. If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person. They also provide mining shares, this is basically standard cloud hashing option, $100 for 10 GH/s and these last 365 days.
|
|
|
|
yakuza699
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 01:13:47 PM |
|
Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit a day using 100,000 USD principal ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Your dollar performance depends on the amount invested. To clarify this, you buy trading shares, each share is $20 and it expires in 120 days. After these 120 days, you get your principal back, that is the money you have paid to purchase your shares. In the meantime, during these 120 days, each day you get percentage of trading profits/loses, depending on arbitrage opportunities for that particular day. So, if you buy 5 shares and invest $100 and daily result is +1%, you get $1 in profits or 20 cents per each share purchased. If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person. They also provide mining shares, this is basically standard cloud hashing option, $100 for 10 GH/s and these last 365 days. So you say that if i pay them 10000$ i will get 1TH/s which will mine bitcoins for me for 365 days and after that i will get my money back + mined bitcoins, sounds too good to be true.
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2014, 01:32:30 PM |
|
Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit a day using 100,000 USD principal ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Your dollar performance depends on the amount invested. To clarify this, you buy trading shares, each share is $20 and it expires in 120 days. After these 120 days, you get your principal back, that is the money you have paid to purchase your shares. In the meantime, during these 120 days, each day you get percentage of trading profits/loses, depending on arbitrage opportunities for that particular day. So, if you buy 5 shares and invest $100 and daily result is +1%, you get $1 in profits or 20 cents per each share purchased. If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person. They also provide mining shares, this is basically standard cloud hashing option, $100 for 10 GH/s and these last 365 days. So you say that if i pay them 10000$ i will get 1TH/s which will mine bitcoins for me for 365 days and after that i will get my money back + mined bitcoins, sounds too good to be true. No. When investing into trading shares you get your money back after 120 days + interests. When buying mining shares, you get cloud hashing service and you only get mined BTC.
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 03, 2014, 06:12:57 AM |
|
Another nice day, April 2, 2014 trading results: BTC-arbs: +1.08% ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin trader: +1.05% ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
cozytrade
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1164
Merit: 310
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 03, 2014, 11:57:13 AM |
|
If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person.
Do you know the total amount of the principal obtained from the clients? - 100bps a day is quite outrageous rate if it is true. - if they have 20 clients with $50k principal, it's 1mil you cannot trade such amount on the market, which easily move the market. Also banks don't process such suspicious transactions. Overall, it sounds unsustainable and not for me ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) Perhaps 120 days locking period is the key like other indirect investment products. We may know after 120 days ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
|
|
|
|
TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 03, 2014, 01:01:51 PM |
|
So i just just make 20 accounts on 20 identies and with 50000$ then i can get 10,000$ per day. Nice!
|
|
|
|
crazyivan (OP)
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 03, 2014, 01:19:55 PM |
|
If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person.
Do you know the total amount of the principal obtained from the clients? - 100bps a day is quite outrageous rate if it is true. - if they have 20 clients with $50k principal, it's 1mil you cannot trade such amount on the market, which easily move the market. Also banks don't process such suspicious transactions. Overall, it sounds unsustainable and not for me ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) Perhaps 120 days locking period is the key like other indirect investment products. We may know after 120 days ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) They have been online for over 5 months now so the first shares have already matured and more and more of them mature each day. I opened a ticket with similar question and was told that they had filled about 50% of their trading capacity. Once they reach 100%, they will not sell any more shares. Regarding the risk, already expressed my opinion about that, have nothing more to add.
|
|
|
|
|