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2weiX
Legendary
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Activity: 2058
Merit: 1005
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 06:43:58 PM |
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depositing the leftovers from my bitmarket trades. today: 0.107 BTC
see how that goes now.
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Crypt_Current
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 07:31:19 PM |
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Us people who put in 1 BTC or 2 that we are willing to lose is exactly why scams like this work in the first place ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But whatever, I plan to withdraw early. He plans to steal your bitcoins earlier. But I shall be earlier ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) lol LOL this should be at www.pulloutfastest.comthat's probably already porn though
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mooseman99
Newbie
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Activity: 50
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 07:44:11 PM |
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https://i.imgur.com/XhFZR.pnggotta risk it to get the biscuit the real challenge will be seeing if I can get my money out of there
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bulanula
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 07:50:53 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXhFZR.png&t=665&c=-3VY1DuGeCDGmw) gotta risk it to get the biscuit the real challenge will be seeing if I can get my money out of there I sure hope you lose all those ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) IMHO if you are naive enough to give so many BTC to these scammers you 100% deserve it ! Well done bitscalper ! Still not enough to beat mybitcon though ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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mooseman99
Newbie
Offline
Activity: 50
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 07:56:41 PM |
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I sure hope you lose all those ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) IMHO if you are naive enough to give so many BTC to these scammers you 100% deserve it ! Well done bitscalper ! Still not enough to beat mybitcon though ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) We'll see. They are still processing withdrawals so if it is a ponzi scheme the trick is knowing when to get out, and not get enamored with the money you're making. Still, if I stay in just 5 days at these rates I'll have made $130.
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RandyMarsh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 08:11:24 PM |
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I hope this goes without saying... but don't use passwords the same as or in anyway similar to any passwords you use anywhere else, if you already have, then change the passwords you have elsewhere.
you know, just in case.
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Stan?! STAN?!?!
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farfiman
Legendary
Offline
Activity: 1449
Merit: 1001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 08:23:23 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXhFZR.png&t=665&c=-3VY1DuGeCDGmw) gotta risk it to get the biscuit the real challenge will be seeing if I can get my money out of there I sure hope you lose all those ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) IMHO if you are naive enough to give so many BTC to these scammers you 100% deserve it ! Well done bitscalper ! Still not enough to beat mybitcon though ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) he wont be able to complain if he does but why wish him harm...? Although he did put in a little too much....
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"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians." Martin Armstrong
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Mageant
Legendary
Offline
Activity: 1145
Merit: 1001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 09:30:12 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXhFZR.png&t=665&c=-3VY1DuGeCDGmw) gotta risk it to get the biscuit the real challenge will be seeing if I can get my money out of there I sure hope you lose all those ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) IMHO if you are naive enough to give so many BTC to these scammers you 100% deserve it ! Well done bitscalper ! Still not enough to beat mybitcon though ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) he wont be able to complain if he does but why wish him harm...? Although he did put in a little too much.... He could be planning to take out the principle after a few days and then work only with the interest.
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cjgames.com
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RandyMarsh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 09:40:54 PM |
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He could be planning to take out the principle after a few days and then work only with the interest.
I would refer you to this post: Us people who put in 1 BTC or 2 that we are willing to lose is exactly why scams like this work in the first place ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But whatever, I plan to withdraw early. He plans to steal your bitcoins earlier. But I shall be earlier ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) lol LOL this should be at www.pulloutfastest.comthat's probably already porn though
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Stan?! STAN?!?!
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naima53
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 09:44:11 PM |
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Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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Flappy
Member
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Offline
Activity: 99
Merit: 10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 09:58:05 PM |
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Lets assume for a moment that this is legit. What kind of scalping algorithms could preserve the value (low risk) and also yield such high returns? In order to preserve the value you could not convert into other currencies for more than a few seconds. The longer you hold other currencies, the more risk you incur. Selling on one exchange and transferring fiat to another exchange seems out of the question. Holding fiat and waiting for buying opportunities imo is an unacceptable risk, and would never work in a bull market.
So here is one profit scenario.
Scenario 1 There is a large sell order executed on Gox. Since you have access to smaller exchanges where the price lags, you immediately sell there, wait for the price to begin moving to catch up with Gox, then quickly buy back (before your exposure goes up). The move must be great enough to close the spread and then some (in a short enough time frame). You will have to know what typical lag times are on that exchange and be able to beat them.
Scenario 2 When there is an upward spike on one of the smaller exchanges, you sell and then quickly buy back as the price comes back down.
Note: Both these scenarios produce a net downward pressure on the market.
Both these scenarios assume that the price will gravitate rather quickly toward the Gox price. They also assume you have access to fast apis on the smaller exchanges. Which exchanges have fast apis? Tradehill?
And this perhaps begs the question. Does the designer of bitscalper have exclusive access to a fast api on a smaller exchange.
EDIT: I thought scalping was synonymous with arbitrage.
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naima53
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 10:09:49 PM |
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I in the manual do on a scalp very much not the bad percent, especially such day as yesterday... +20 % only for 1 day...
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Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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Oldminer
Legendary
Offline
Activity: 1022
Merit: 1001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 10:52:55 PM |
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Ive deposited a total of 2BTC within the last few days. Not bad for doing nothing. Kinda like earning interest on your money. Though I wouldnt go depositing large amounts in this scheme until the site has been around a while and built up some trust/feedback. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FIybQ6.jpg&t=665&c=I9g0y3pMYwJXbA)
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 11:26:37 PM |
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Good news. I was able to withdraw the 2.8% I made on the 2000BTCs I deposited there.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 11:31:57 PM |
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Lets assume for a moment that this is legit. What kind of scalping algorithms could preserve the value (low risk) and also yield such high returns? In order to preserve the value you could not convert into other currencies for more than a few seconds. The longer you hold other currencies, the more risk you incur. Selling on one exchange and transferring fiat to another exchange seems out of the question. Holding fiat and waiting for buying opportunities imo is an unacceptable risk, and would never work in a bull market.
So here is one profit scenario.
Scenario 1 There is a large sell order executed on Gox. Since you have access to smaller exchanges where the price lags, you immediately sell there, wait for the price to begin moving to catch up with Gox, then quickly buy back (before your exposure goes up). The move must be great enough to close the spread and then some (in a short enough time frame). You will have to know what typical lag times are on that exchange and be able to beat them.
Scenario 2 When there is an upward spike on one of the smaller exchanges, you sell and then quickly buy back as the price comes back down.
Note: Both these scenarios produce a net downward pressure on the market.
Both these scenarios assume that the price will gravitate rather quickly toward the Gox price. They also assume you have access to fast apis on the smaller exchanges. Which exchanges have fast apis? Tradehill?
And this perhaps begs the question. Does the designer of bitscalper have exclusive access to a fast api on a smaller exchange.
EDIT: I thought scalping was synonymous with arbitrage.
Scenario 3 Have BTC and USD on two exchanges. When price is higher on exchange 1: sell on exchange 1, buy on exchange 2. When price is higher on exchange 2: sell on exchange 2, but on exchange 1. Rebalance the USD/BTC as necessary.
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RandyMarsh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2012, 11:55:58 PM |
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Good news. I was able to withdraw the 2.8% I made on the 2000BTCs I deposited there.
It'd be better news if you were able to withdraw the 2000BTC
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Stan?! STAN?!?!
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2012, 12:08:44 AM |
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the 2000BTCs I deposited there.
Do you play russian roulette as well?
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Selling out to advertisers shows you respect neither yourself nor the rest of us. --------------------------------------------------------------- Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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ineededausername
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2012, 12:27:50 AM |
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the 2000BTCs I deposited there.
Do you play russian roulette as well? No, he is a master troll who has successfully trolled you..
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(BFL)^2 < 0
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