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Topic: [ANN] Bitlogic.cc | Fair Crypto-Betting with Binary Options (Read 1544 times)

legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
This is a red flag. If support is not responsive
BitlogicTrading was last online in December 2017, the website doesn't exist anymore, so it's time to lock this topic.
(I just found this back in my bookmarks)
member
Activity: 294
Merit: 27
bit.ly/Coins4Hash
Any traders here tried the platform and able to withdraw their profits?

I tried to contact their support thru emails but they don't respond. Tried to talk to them on their live support but there is always error.

Is it scam site or not?

Thanks!

This is a red flag. If support is not responsive, and they do not have a long history, you might never see your money again if you deposit. The only exception to a site having terrible support but pays out is mellowads. Be careful!
full member
Activity: 434
Merit: 103
Please tell us what is the source of your data? If you are taking an average of multiple exchanges, provide the process of determining final data.
Otherwise, it is very hard for me to trust you guys with big money.
legendary
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
I came to know that we can only withdraw upto 3x of our total deposited amount per day
https://bitlogic.cc/en/clientsarea/payment/payout/
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Note that you can instantly withdraw up to BTC 0.5 per day and the amount you withdraw per day should not exceed your total deposit amount by 3 times.

Does this mean total deposited amount or deposit made on day of withdrawal?

We can deposit with other alts but we can't withdraw in other alts, why? Can't you add that option like other casino have right now?
newbie
Activity: 17
Merit: 0
Any traders here tried the platform and able to withdraw their profits?

I tried to contact their support thru emails but they don't respond. Tried to talk to them on their live support but there is always error.

Is it scam site or not?

Thanks!
sr. member
Activity: 1002
Merit: 250
Hi! If the price landed on your price position upon expiry time, is it still considered lose? Thanks! Huh
In this site, at the expiry time if their currency price meet your value prediction you still lose. If they can make it into a draw, it will better for users.
Anyway, the guy who manage this topic has no regular activity so I dont think they will get more users from here.
newbie
Activity: 17
Merit: 0
Hi! If the price landed on your price position upon expiry time, is it still considered lose? Thanks! Huh
hero member
Activity: 1065
Merit: 510
I have created a demo account to play, and I saw some problems with me:
1- I got a huge delay when place an order
2- When I place an order after I won, the win percent decrease compare with the order before.
3- If I deposit via ETH or LTC, then I withdraw via BTC where is the site you use exchange rate  to convert ?
Same with no. 1 thing which there really a delay when placing order. My internet was fast and its impossible to load up orders very slow which it would really be big thing specially on binary options on where every tick do count. No. 2 they would normally decrease since they would normally adjust on the recent prices.But overall i love the site since this is solely a site that do focus on binary options not only on forex,indices and stocks but also on cryptocurrency too. Goodluck for the success of this site.
sr. member
Activity: 1002
Merit: 250
I have created a demo account to play, and I saw some problems with me:
1- I got a huge delay when place an order
2- When I place an order after I won, the win percent decrease compare with the order before.
3- If I deposit via ETH or LTC, then I withdraw via BTC where is the site you use exchange rate  to convert ?
newbie
Activity: 17
Merit: 0
Can you tell me the source of you data in binary options?

We’re unable to reveal this information about the current iteration of the platform. All I can say is that we get this feed from one of prime brokers. That may sound shady, I know, but we plan significant updates, once Bitlogic.cc gets more traction. Public sources for binaries are among those updates
legendary
Activity: 966
Merit: 1006
Wow, I got the feeling of usual fiat based binary trading platform. Have seen many other crypto based binary option but found this the best out of them, currently playing with demo funds will deposit some real bitcoin to make some quick profit.

newbie
Activity: 17
Merit: 0
Quote

Demo mode is not working:

After this:
Quote
Let's try to make the first deal. Click Up or Down. Don't worry, we're in demo mode — it's just for practicing.
I got this:
Quote
unknown server error
And that's it. I can't test site.

Marlboroza, thanks for letting us know. There are two reasons behind that 

1) there are no trades available on weekends (apparently, you were trying to make a bet on either saturday or sunday)
2) you got that error message because there were some server-side works during that very time

Have you tried testing the website after?

Plaese let me know

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The delay in placing bets just fucked me, really annoying :/

Can you please be more specific about that? In your opinion, what is the best way to improve that?

Quote
If they have used their extensive expertise in financial markets and created the most convenient plattform on the market, then this is the reason to use their product. Usability and feel comfortable when using a service is the most important point for most customers.

So, how's the usability thing of Bitlogic.cc? What are your thoughts on this?

Quote
UI looks great, it's great that you offer demo accounts.
Thank you, RollBit.io

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Sadly I haven't made a single demo money and lost all in seconds :/ first time betting on international money/ prices./
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Daytrading is always risky, especially if it involves instruments (trading pairs) you are not familiar with. Don't get upset, betudontbet!

Poplolnman, Caladonian, thanks for sharing your opinion on this. We'll investigate this issue. I'll make sure our team will take that into consideration.

Quote
My question is about the odds : how are they fixed?
Thanks for your question, Chris. There are two things about the odds you need to know. Thing number one: they're calculated automatically (given a variety of factors that are 'taken into consideration' by our servers); thing number two: we use special probability algorithm for that. In other words, they are fixed automatically on an ad hoc basis.

arpon11, I PM'ed you, let's discuss that



sr. member
Activity: 882
Merit: 282
I have been trading with 24optoin and I think you have a very nice platform here. I also like the no too much information from trading as this is what discouraged  most of us from third world countries that needs a lot of verification before being accepted into a bitting sites. I wish to know how the referral program works, as i can recommend this your platform to some of my friends traders.
sr. member
Activity: 672
Merit: 266
Just tested a demo account. It's quite simple to understand as you have to bet on a currency pair trend to go up or down within the next 30s. It's fast, I didn't get any delay when placing bets.
My question is about the odds : how are they fixed? For example betting on XBT/USD gives 120 mBTC but betting on USD/EUR is rewarded 160 mBTC. What does explain the difference? XBT/USD more predictable than USD/EUR?
hero member
Activity: 1302
Merit: 540
The delay in placing bets just fucked me, really annoying :/
just happened to me too and when this kind issue appears in a binary betting it could be a big deal , people would accuse that the site are trying to cheating or something shady like that , better to fix it soon or the business wouldn't run smoothly. FYI my internet speed are 100 Mbps , that's fast enough isn't it ?
well it should be answered by the team so their business should be protected by this issue, the interface really quite cool and easy to deal
with i think dev would need to double check so cases like this would be resolved and we can have a smooth transaction while playing our
bets.  looking forward to see some more updates from the team.
legendary
Activity: 1442
Merit: 1008
The delay in placing bets just fucked me, really annoying :/
just happened to me too and when this kind issue appears in a binary betting it could be a big deal , people would accuse that the site are trying to cheating or something shady like that , better to fix it soon or the business wouldn't run smoothly. FYI my internet speed are 100 Mbps , that's fast enough isn't it ?
sr. member
Activity: 406
Merit: 250
Hi, I just tried to use the bitlogic website and sign up with a test account,
seems to be a very friendly interface and easly to bet.

Sadly I haven't made a single demo money and lost all in seconds :/ first time betting on international money/ prices.





newbie
Activity: 36
Merit: 0
UI looks great, it's great that you offer demo accounts.
full member
Activity: 336
Merit: 103
Hey y’all, we’re proud to present Bitlogic.cc, a new fair crypto-betting platform that allows to trade Forex, Stocks, Indices and Commodities using cryptocurrencies. We accept BTC and all main altcoins as a deposit method. Withdrawal is in BTC only now.[/size]


I might be wrong but it seems that all major Forex brokers are already accepting bitcoin (not sure about altcoins). Why should people use your product instead of any mature and reputable broker? Most of them offer 100%+ to the first deposit. But demo platform for altcoins must be interesting.
If they have used their extensive expertise in financial markets and created the most convenient plattform on the market, then this is the reason to use their product. Usability and feel comfortable when using a service is the most important point for most customers.
newbie
Activity: 13
Merit: 0
The delay in placing bets just fucked me, really annoying :/
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