(just noticed bitconnect changed their login so that people can't bypass the reCaptcha any more when logging in - they used to allow logging in on the top right of their pages without it)
i think that institutional bots even have a hard time yielding the type of returns bcc is offering, after keeping up on this topic off and on im starting to think they may not even have a bot at all.
https://www.youtube.com/watch?v=2ob_tNKuhIQ
this could end badly for a lot of people, to anyone thinking about "lending"...just buy BCC itself and stake it. atleast then your in control of your money
The gunbot you have in quotes is real and it makes 1 or 2% daily, of course sometimes you have a loss, sometimes you have bigger profit, but on average they make about 1-2%. You can read their thread it is here on the forum also.
Institutional bots on crypto are not there yet as institutions are not investing massively into it... So if they have a bot that is close to gunbot they can easily achieve 1% on average daily... The only company or institution I see is trying to create a bot is Rialto (they also have a thread here). And they are focusing on arbitrage, so plenty of room in crypto for bots and institutions...
Holy shit, Batman! BitConnect's Magical Mystery Bot outperforms James Simons' hedge fund thingy, the most profitable hedge fund thing in the world.
Renaissance's flagship Medallion fund, which is run mostly for fund employees, "is famed for one of the best records in investing history, returning more than 35 percent annualized over a 20-year span". From 1994 through mid-2014 it averaged a 71.8% annual return. Renaissance offers two portfolios to outside investors—Renaissance Institutional Equities Fund (RIEF) and Renaissance Institutional Diversified Alpha (RIDA).
The reason BitConnect or a hedge fund would not use a gunbot like this is because yes it could make 1%-5% daily profit, but with max 10 grand. There would be no extra profit running it with 100 million, 100 billion, 100 quadrillion it would still only make 1%-5% on the 10 grand. And if you tried to run 1 million of theese bots they would just compete with each other so there would be no benefit in that either.
What I was alluding to is that some unknown ying-yang from parts unknown created some magical bot that outperforms trading bots built by the likes of James Simons who invested tens of millions, if not more, in their proven programs.
Again, exactly what is BitConnect trading so to afford doling out 1% interest a day? I've already shown that it's not the bitcoins they've amassed over the past year or so, for those remained stagnant, not trading anywhere, currently sitting in cold storage.