giletto
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April 22, 2014, 06:42:14 AM |
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Bitcoin arbitrage results, April 22, 2014.
BTC-arbs: +1.08%
Bitcoin trader was not trading during holidays. They start trading today.
This is the result from 21, from 22 is not shown yet.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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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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April 22, 2014, 07:48:30 AM |
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how does this arbitrage works.. does it makes profit from rate instability of bitcoins;;; or something else
sj2199, please read the first post, I have briefly explained it there. Giletto, thx for the correction.
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simtal
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April 22, 2014, 11:57:07 AM |
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This sounds too good to be true so it probably is.
Hope you get your money out before the ponzi collpases.
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crazyivan (OP)
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April 22, 2014, 12:04:28 PM |
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If you even tried to read my post, you would know Bitcoin trader has been paying for almost 6 months now. You can talk about ponzies as much as you want while I make money, I am fine with that.
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Gentso1
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April 22, 2014, 08:42:14 PM |
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So I log in to check if my funds have been released yet, (request release on the 17th) and it looks like btcs has been sold to a Global Capital Alliance.
On the plus side they are still keeping track of the 1 btc and change they owe me.
On the negative side they have put that money it what they are calling a legacy account and no money in legacy accounts earn any profit, they just sit until they are reviewed by the new company that has bought them out, and hopefully* they will release the funds.
I tried to do some research on the company that bought them out but could only find info on capital alliance or global capital but no Ron James, the CEO of The Global Capital Alliance . If anyone could post some links for this company that would be great, so we can all see who we are dealing with.
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Hans0
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April 22, 2014, 08:53:47 PM |
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Would a moderator please close this endless stream of scam messages? This thread helps no one.
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Gentso1
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April 22, 2014, 09:06:09 PM |
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Would a moderator please close this endless stream of scam messages? This thread helps no one.
If you aren't interested in what we have to say here then just move along. If you hurry I think they just released the next alt coin claiming to be bitcoin 2.0. So run along.
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steyehn
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April 23, 2014, 02:14:08 AM |
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When do they usually post the earnings for the day?
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crazyivan (OP)
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April 23, 2014, 06:14:12 AM |
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When do they usually post the earnings for the day?
Bitcoin trader usually posts their results about 7-8 PM. CET. Depending on your current location, calculate your time.
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steyehn
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April 23, 2014, 06:17:49 AM |
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Ok the % is already posted on twitter. Ill just wait for them to update the site
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steyehn
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April 23, 2014, 08:51:32 AM |
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Hi gentso1, youre saying btcarbs just got sold?
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Gentso1
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April 23, 2014, 12:04:40 PM |
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Hi gentso1, youre saying btcarbs just got sold?
yup, at least that is what they are saying. When I logged into my account yesterday there was a message sent out to all account holders. I could not find any information on the name of the company that bought them though or there CEO. Hey crazyivan, What did btc-arbs do with your coins? Did it place them into a legacy account? Personally I think it will be now or very soon that they will do there runner. I think that this buy-out by a fictitious company is just so they can pin the blame on someone else when it happens. These are just my .02 cents but it may not be a bad idea to withdraw your coins for a few days and watch how this goes down. That is if your funds are able to be withdrawn. How is btc trader doing? Is everyone still happy with them?
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Gentso1
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April 23, 2014, 12:12:28 PM |
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Just a little more info but below is the msg that I sent to btc arbs and what they sent back to me. IDK maybe they people that bought these guys are legit or maybe they are just trying to limit the withdraws before they do the runner. They are at least polite now and they have moved a small amount out of the legacy fund and into my wallet there that *should* be available for withdraw.
From administrator Sent on April 22nd 2014 Thank you for your message. As the new owners of BTC-Arbs we are happy to hear from you and are interested in hearing any suggestions that you may have. We are aware that the "Legacy Fund" method of doing things isn't ideal for some members, however it is the best way to ensure that all of our books are in order as we begin to move forward. As you will see, we have already started to transfer a portion of the Legacy Funds back to the main balance. Furthermore, we have processed all withdrawals that we have received.
We would appreciate your patience during this transition. A manual verification of the funds within the system is necessary, particularly due to the fact that there were a number of issues that arose as a direct result of the Heartbleed bug.
Further information regarding this transition will be provided in the coming days, along with information about our acquisition of an official investment license.
Sincerely, Ron James & The Global Capital Alliance
---------------------------------- gentso1 on 22/04/2014 20:37:45 Hi, I placed a withdraw request on the 17th which was never filled and now has been canceled because of the company being sold and the new company wants to do some accounting, which I understand. With that being said my request was put in on the 17th and my funds are now tied up in a account that earns no interest and should have been released to me all ready. Can you give me a estimate of when my funds will be back in the interest earning wallet or when I will be able to withdraw my funds if I choose to do so. Thanks in advance. ---------------------------------- administrator on 20/04/2014 13:48:39 What have we said about 20 times over the past few days? It is Easter. Reduced staff.
---------------------------------- gentso1 on 20/04/2014 13:37:08 Hi, I started a withdraw request on 17/04/2014 18:45 Bitcoin withdrawal request for 1.1348 bitcoins
I have not received it yet. Can someone look into this for me, thanks Reply
Here are the amounts they have made available to me and what I have requested to withdraw.
Date Message 22/04/2014 23:18 Legacy Fund Transfer of 0.0028 22/04/2014 18:00 Legacy Fund Transfer of 0.0113 22/04/2014 17:46 Bitcoin withdrawal for 1.1348 bitcoins cancelled by admin---------(this is the amount that was placed into the "legacy" fund 17/04/2014 18:45 Bitcoin withdrawal request for 1.1348 bitcoins
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crazyivan (OP)
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April 23, 2014, 12:59:49 PM |
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Hi gentso1, youre saying btcarbs just got sold?
yup, at least that is what they are saying. When I logged into my account yesterday there was a message sent out to all account holders. I could not find any information on the name of the company that bought them though or there CEO. Hey crazyivan, What did btc-arbs do with your coins? Did it place them into a legacy account? Personally I think it will be now or very soon that they will do there runner. I think that this buy-out by a fictitious company is just so they can pin the blame on someone else when it happens. These are just my .02 cents but it may not be a bad idea to withdraw your coins for a few days and watch how this goes down. That is if your funds are able to be withdrawn. How is btc trader doing? Is everyone still happy with them? Yup, my coins are in the same place as yours, legacy fund. A very small chunk of my coins was also transferred to my regular balance yesterday. I will not be publishing BTC-arbs daily updates until this issue gets resolved. Regarding Bitcoin trader, they are doing fine, yesterday the result was +1.21%. There was also a newsletter with photos of one of their representatives visiting Bitcoin expo 2014 in Toronto, Canada. According to this newsletter, the entire visit was sponsored by the Bitcoin trader.
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Gentso1
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April 23, 2014, 03:00:29 PM |
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Hi gentso1, youre saying btcarbs just got sold?
yup, at least that is what they are saying. When I logged into my account yesterday there was a message sent out to all account holders. I could not find any information on the name of the company that bought them though or there CEO. Hey crazyivan, What did btc-arbs do with your coins? Did it place them into a legacy account? Personally I think it will be now or very soon that they will do there runner. I think that this buy-out by a fictitious company is just so they can pin the blame on someone else when it happens. These are just my .02 cents but it may not be a bad idea to withdraw your coins for a few days and watch how this goes down. That is if your funds are able to be withdrawn. How is btc trader doing? Is everyone still happy with them? Yup, my coins are in the same place as yours, legacy fund. A very small chunk of my coins was also transferred to my regular balance yesterday. I will not be publishing BTC-arbs daily updates until this issue gets resolved. Regarding Bitcoin trader, they are doing fine, yesterday the result was +1.21%. There was also a newsletter with photos of one of their representatives visiting Bitcoin expo 2014 in Toronto, Canada. According to this newsletter, the entire visit was sponsored by the Bitcoin trader. Thanks for the info, btc arbs is looking less and less legit and btc trader is looking more and more legit everyday. Lets support the sites that support there customers and make others aware of the ones that don't.
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armin22
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April 23, 2014, 04:59:32 PM |
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Hey Vian, no more percentages
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crazyivan (OP)
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April 23, 2014, 05:19:25 PM |
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Take a look two posts up, April 23, 2014 Bitcoin trader result was +1.21%
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armin22
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April 24, 2014, 06:31:36 AM |
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Sorry, usually i look for the nice small posts with only percentages.
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crazyivan (OP)
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April 24, 2014, 08:21:43 AM |
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Sorry, usually i look for the nice small posts with only percentages.
No problem. April 23, 2014 Bitcoin trader result: +1.03%
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dudel42
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April 24, 2014, 08:33:20 AM |
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anybody else having troubles logging into btc-arbs today?
I keep getting "Incorrect login credentials"...
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