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Author Topic: First impression of bitscalper...  (Read 1575 times)
Sargasm
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January 19, 2012, 09:46:14 PM
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So... my first day I netted a whopping .01%.  That's .002 btc on my 2 btc.

The fee to withdraw my 2 btc would be .035 btc, so basically about 15+ days for me to recoup the fee. (not the worst thing in the world when mutual funds often take 6 months + to recoup commissions.)

PLUS...

They claim that you can make "up to 5%" which stands to reason that if they net more they keep 100% and they probably keep a portion of lesser amounts.

Which is fine.  In all honesty I EXPECT it.  I just feel like full disclosure is a great thing.  I just don't buy that their only revenue comes from the 1.75% fee.

Am I wrong?

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antoineph
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January 19, 2012, 09:47:26 PM
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As I've said before, it seems fishy to me. Too fishy.
Sargasm
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January 19, 2012, 09:54:22 PM
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Maybe they finally found some jackass to give them a few hundred BTC and now they're getting the hell out of dodge.
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January 19, 2012, 10:02:36 PM
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yeah i dunno, if they really did just run off with everyone's deposits, I'm surprised it wasn't sooner. I saw multiple withdrawals over 100BTC on that list of theirs.
Matthew N. Wright
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January 19, 2012, 10:26:29 PM
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Ugh. You guys are incouragable.

He's having problems with his connection is all. It'll be back shortly.

No one is running away with anyone's money.

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January 19, 2012, 10:28:11 PM
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January 19, 2012, 10:30:19 PM
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I agree (with both the previous two posts) but it seems strange to see Matthew being nice to these guys.  Are you getting soft Smiley

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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January 19, 2012, 10:33:52 PM
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I agree (with both the previous two posts) but it seems strange to see Matthew being nice to these guys.  Are you getting soft Smiley

I talk to him on Skype everyday. Believe it or not, there are all kinds of bonus levels that aren't accessible from bitcointalk.org. And I use a Game Genie, too.

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January 19, 2012, 10:36:45 PM
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What's bitscalper?
Matthew N. Wright
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January 19, 2012, 10:46:11 PM
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What's bitscalper?

It's the front-end to an experiment for an arbitrage trading bot.

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January 19, 2012, 10:51:02 PM
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I am happy with it so far.  Made money for me.  Skype  Huh what is that  Huh

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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January 19, 2012, 10:54:14 PM
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I am happy with it so far.  Made money for me.  Skype  Huh what is that  Huh


Can't...tell...if...oh shut up

bitscalper
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January 19, 2012, 11:24:59 PM
 #13

Hi

Do not panick, this is a problem with the host and will be solved within 9.00 AM Germany time. We already spoke with support and they are working on the issue. Apologizes for the profit loss this might cause.
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