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Topic: Automatic Bitcoin Trading - arbitrage bot investment website (Read 4061 times)

newbie
Activity: 1
Merit: 0
full member
Activity: 362
Merit: 100
Newbie in online currency , love learning

I' m shoking, What a shame.

I was shocked too, they stole 1000 btc


What can we do now Huh?

We can not do anything, we do not know who they are and where they live



Sure they stole 1000 btc? if sure i put them to scam too.
refer to?
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
I have a little trick for spotting more subtle scam sites like this, which is why I chose not to invest.  It's very simple:

1.  Search the site on allhyipmonitors.com
2.  If it's listed there, it's a scam.

You should also check the whois information and domain expiry date.  A couple of other tricks:

-If there are any photos on there, do a reverse image search.  If it comes up with stock photos, it's a scam (especially when they're showing people that supposedly work there).

-If the returns on "trading platforms" like this are increasing on average, it's a scam.

-If they are a UK registered company and they mention it or show it in their SSL green thing, they're a scam.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
I just cannot understand why people would scam others and run with the money when more money invested means more money returned.

Because these scammers do not want to work, they do not want to take responsibility

On the Internet they think they are the greatest, they will not be held responsible for cheating and stealing whoever
newbie
Activity: 3
Merit: 0
They took in almost 1200 BTC since they also flouted ICON with a 200 BTC limit.

The WHOIS information is anonymized with a Photon e-mail address.  Court order time at the registrar.


What do you mean "court order time"?

It would be ideal to get as many people as possible who actively invested in this website together to come up with any type of plan to recover lost funds, if at all possible. I had invested myself and have 60 days of daily data and screenshots available. I also have an email from them with an actual name, however unknown if this is an actual person or not. Like any investment I have, I already chalk up my investment as a loss, considering it is never a part of my real budget, so I am unconcerned on whether I recover any funds or not, however ideally it would be great to get my investment back from the clear scam site. I was skeptical from the get-go, but at least I tried out the site and helped to verify it as a scam!

I'd rather do my own Forex bot, anyways. Maybe someday I'll get around to offering a legitimate investing opportunity for others. I just cannot understand why people would scam others and run with the money when more money invested means more money returned. Also, with no time limit on investing, there is no limit to profits. The long term return on offering a legitimate investment opportunity far outweighs the short term gain of scamming and stealing. Idk, just thinking out loud, I suppose.
full member
Activity: 204
Merit: 100
They took in almost 1200 BTC since they also flouted ICON with a 200 BTC limit.

The WHOIS information is anonymized with a Photon e-mail address.  Court order time at the registrar.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform

I' m shoking, What a shame.

I was shocked too, they stole 1000 btc


What can we do now Huh?

We can not do anything, we do not know who they are and where they live


newbie
Activity: 2
Merit: 0
Ok tanks for the reply.
I' m shoking, What a shame.
What can we do now Huh? Nothing?Huh
legendary
Activity: 1764
Merit: 1006
Today, on 25th of May, the website doesn't reply, is it closed? It was a scam??

Or just an update?

Please, reply to me!!!

Dude you are creating many accounts to ask the same question, the site closed with 1000 btc of investors.

For now we will say that the site has become scam

I'm sorry for your loss and loss of everyone who invested

Yes dude, just please stop this.
no "update" or anything like that, just pure and simple scam.

Now you took the hard lesson, like everybody here in this forum. i hope that 1 time will be enough for you...and stop whining... Roll Eyes
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
Today, on 25th of May, the website doesn't reply, is it closed? It was a scam??

Or just an update?

Please, reply to me!!!

Dude you are creating many accounts to ask the same question, the site closed with 1000 btc of investors.

For now we will say that the site has become scam

I'm sorry for your loss and loss of everyone who invested
newbie
Activity: 2
Merit: 0
Today, on 25th of May, the website doesn't reply, is it closed? It was a scam??

Or just an update?

Please, reply to me!!!
full member
Activity: 204
Merit: 100
No, the payout is in BTC. The minimum withdrawal of profits is 0.01 BTC. There is no exchange of USD involved.

You're not paying attention.  You are not getting the exact same amount of BTC back as you deposited, only the frozen USD value of the initial deposit paid out in BTC.  So if BTC goes up in USD terms after your deposit, you lose that gain (and vice versa).  Since you don't need USD to arbitrage cryptocoins...  wtf is the point of ABT taking on the currency risk?
full member
Activity: 362
Merit: 100
Newbie in online currency , love learning
So what are they doing to hedge the USD risk because they're paying the initial BTC deposits back out in USD terms not BTC...  why would they even need to take on that risk if they're arbitraging crypto?


I had not observed this, excellent observation.

Does the person invest in bitcoin and then pay in dollars? I'll investigate more about this site, I believe there must be something obscure about it




This website ald in my testing somedays.
For my concern i concern about got new program min deposit 5 btc, so huge compares to 0.01 btc min. Then if got issue, it might..

However bitcoin trading bot look like ok one is ABT. i can't find anymore. so it worth to try.
 
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
So what are they doing to hedge the USD risk because they're paying the initial BTC deposits back out in USD terms not BTC...  why would they even need to take on that risk if they're arbitraging crypto?


I had not observed this, excellent observation.

Does the person invest in bitcoin and then pay in dollars? I'll investigate more about this site, I believe there must be something obscure about it



full member
Activity: 204
Merit: 100
So what are they doing to hedge the USD risk because they're paying the initial BTC deposits back out in USD terms not BTC...  why would they even need to take on that risk if they're arbitraging crypto?

Smells real fishy.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform

How this works can you explain me as I am thinking of investing in this but don't have much knowledge of trading and all.

Regards

Sure no problem. To simplify it for you, ABT is a bitcoin investment program. What sets it apart from all others is that it is based on bitcoin exchange arbitrage trading program, exclusively powered by bots that conduct trades automatically based on parameters set by proprietary algorithmic software.

Arbitrage is the act of buying bitcoin at a low price from one exchange and selling it at another exchange for a profit. Once a significant buy/sell gap is detected between two different BTC exchanges, the bot automatically buys from one exchange and sells to the other.

Most of the time the actual amounts gained per trade are quite small (usually less than a dollar), but if you add up dozens daily across hundreds of investors, the amount of total profits generated ends up to be quite large. The average daily payout is advertised at 1% but I've experienced it to be closer to 0.7% and 0.9%.

This may not sound like a lot, but given the fact that the majority of trades conducted by the bot have net gains (85% or so), the profit is consistent and stable. This is because, unlike most other investment groups, it raises capital through arbitrage, which is a relatively risk-less and reasonable strategy compared to most others out there.

On top of that, I have had 3 successful withdrawals of profits from them so far, and I will know 100% they are legit when I can withdrawal my initial investment in about 40 days.

Here's my blog about the totality of my experiences with ABT thusfar:

http://bitcoinautotradingreview.com/

Hope this helps!

Was a good explanation and I'm very happy with feedback that you have, I plan to invest, but I still have a question, I sent you PM and I hope I'm not bothering you with my questions
full member
Activity: 204
Merit: 100
How this works can you explain me as I am thinking of investing in this but don't have much knowledge of trading and all.

Don't ever invest in what you don't fully understand.

The premise is sound, so I think this has a slightly higher chance than average of not being a scam.  But as there is no transparency and no evidence of being regulatory compliant, its just good for shits and giggles money.  A toy, nothing more.
member
Activity: 112
Merit: 10
I’m pleased to report that, over a time period of about two months, I’ve successfully performed 3 withdrawals from profits based on a $50 initial investment and a subsequent $67 investment about 1 month later. The sum of my total withdrawals as of the date of this post is approximately 0.036 BTC, or about $43 at today’s prices.

Although the amount of profits vary daily, they have been consistently positive. Shown below is a screenshot of the results of an average day’s trades. For the first 27 days I average about 0.60% a day – slightly lower than the site’s average estimate of about 1% per day. However, over the following two weeks I averaged close to 0.86% per day, and in the 17 days leading up to today I’ve been averaging 0.91% a day, which is pretty close to 1%.



Needless to say, I am extraordinarily pleased thusfar with my experience with ABT and have no complaints regarding their customer service or withdrawal system. It seems that their newly-updated arbitrage bot is working better than the older version as returns per day have been steadily creeping upwards. If you’d like more information on AutoBitcoinTrading or details on how their investment program works, visit their homepage here.

http://bitcoinautotradingreview.com/2017/04/22/my-experience-with-autobitcointrading-after-60-days/


How this works can you explain me as I am thinking of investing in this but don't have much knowledge of trading and all.

Regards
newbie
Activity: 3
Merit: 0
I see the results are very good, I have a question.

After someone has invested, does it have a deadline to expire the investment or plans are lifetime?



Personally, I have not seen, found or heard of this platform running for a finite, specified time, so I would safely assume there is no limit to the length of your investment. Go for a month, go for a year, depends on how solid this site is and how long it will be around, I suppose.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
I see the results are very good, I have a question.

After someone has invested, does it have a deadline to expire the investment or plans are lifetime?

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