Bitcoin arbitrage, quite profitable BTC investment, make up to 1% ROI per day

[crazyivan]

May 21 trading result: +0.99%

There is this new video promoting the service but I do like it so I will not post a link here.

[crazyivan]

BTC going up, lots of trading opportunities.

May 23, 2014 trading result: +1.11%

[Mike18feb]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

[zvs]

If someone else is interested, I would really appreciate to use my referral link: https://bitcoin-trader.biz/? [referral removed]

Was reading the first post and saw this..  Just curious, why does it say the referral was removed when it's still there?

[crazyivan]

If someone else is interested, I would really appreciate to use my referral link: https://bitcoin-trader.biz/? [referral removed]

Was reading the first post and saw this..  Just curious, why does it say the referral was removed when it's still there?

No idea, this was not me, I clearly stated this is my referral link. Anyway, fixed it now.

[sunny1]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

Wow, other naysayers are saying their results are unrealistic!

[Grinder]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

Wow, other naysayers are saying their results are unrealistic!

He's just pointing out that the scammers have no idea how actual profits from abitrage would vary depending on the market conditions.

[conspirosphere.tk]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

Wow, other naysayers are saying their results are unrealistic!

He's just pointing out that the scammers have no idea how actual profits from abitrage would vary depending on the market conditions.

arbitrage is just about differences between different exchanges, so one should go look to them to figure out.
yes the payout seems a bit too consistent. But it could be just because they have a bot who triggers at about 1% delta.

[sunny1]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

Wow, other naysayers are saying their results are unrealistic!

He's just pointing out that the scammers have no idea how actual profits from abitrage would vary depending on the market conditions.

Really, then he don't understand how arbitrage is working in an uptrend/downtrend market that changes by the minute.

[sunny1]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

Wow, other naysayers are saying their results are unrealistic!

He's just pointing out that the scammers have no idea how actual profits from abitrage would vary depending on the market conditions.

arbitrage is just about differences between different exchanges, so one should go look to them to figure out.
yes the payout seems a bit too consistent. But it could be just because they have a bot who triggers at about 1% delta.

Exactly, at least some people are around that know what they are talking about - others are just speculating.

[Mike18feb]

I've invested a small sum so I guess that does not make me a naysayer. I keep in mind that the place might disappear though. But that's normal procedure as crap is all around us.

I was just wondering why a trader would make so little from such a big jump. But if I understand correctly Bitcoin-Trader, unlike their name suggests, does not do trading really. Just move coins from here to there and so on.  So, no, I don't understand. That's why I posted my thought, hoping that someone kind enough would take the time to explain a bit.


The whole scam discussion is something I won't get into. It's impossible nowadays to open any thread here without stumbling into scamornot discussions.

[alani123]

If someone else is interested, I would really appreciate to use my
referral link:
https://bitcoin-trader.biz/?
 [referral removed]

Was reading the first post and saw this..  Just curious, why does
it say the referral was removed when it's still there?

One of the few rules the forum has is that referrals are not allowed.

[Grinder]

Exactly, at least some people are around that know what they are talking about - others are just speculating.

Like you, he's is very unlikely to have any significant amount of real world experience in Bitcoin arbitraging. If you did you would have had to follow the markets more closely and you would have known why your theories are not very accurate.

[crazyivan]

May 23, 2014 trading result: +1.2%

Next Monday is a non trading day.

[crazyivan]

Here we go, $20+ spread between Bitstamp and BTCe price and it is non trading day. )

[crazyivan]

.....and today the spread between Bitstamp and BTCe prices decreased to only about $5 which means there has been a lot of arbitrage.

[crazyivan]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

Wow, other naysayers are saying their results are unrealistic!

He's just pointing out that the scammers have no idea how actual profits from abitrage would vary depending on the market conditions.

arbitrage is just about differences between different exchanges, so one should go look to them to figure out.
yes the payout seems a bit too consistent. But it could be just because they have a bot who triggers at about 1% delta.

When doing arbitrage why going with 1-2% instead of using the highest margin?
The difference between www.btc-e.com and www.btcpromo.net is 5-6%.
Including the fees there is at least 4-5% clear profit at this time...

Have you used btcpromo.net? Never heard of them.

[sunny1]

Yah, made me wonder though. Is around 1% not a lousy result for a trader when BTC has gone up like $80 to $100?!

Wow, other naysayers are saying their results are unrealistic!

He's just pointing out that the scammers have no idea how actual profits from abitrage would vary depending on the market conditions.

arbitrage is just about differences between different exchanges, so one should go look to them to figure out.
yes the payout seems a bit too consistent. But it could be just because they have a bot who triggers at about 1% delta.

When doing arbitrage why going with 1-2% instead of using the highest margin?
The difference between www.btc-e.com and www.btcpromo.net is 5-6%.
Including the fees there is at least 4-5% clear profit at this time...

Actually it's not all about the spread, the depths is more important, if there is not enough depths for your trading volume you can't achieve 4-5%.

[mp420]

Why is this thread in Service discussion? This should be in the Lending or Gambling subforums, since this is obvious ponzi scam.

[TwinWinNerD]

Good job promoting the ponzi btc-arbs !!!

You must sleept like a baby, knowing you suckered in some noobs that lost money because of you..