Topic: Automatic Bitcoin Trading - arbitrage bot investment website (Read 4108 times)

I was shocked too, they stole 1000 btc



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

I just cannot understand why people would scam others and run with the money when more money invested means more money returned.

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.

I' m shoking, What a shame.

What can we do now ?

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

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!!!

No, the payout is in BTC. The minimum withdrawal of profits is 0.01 BTC. There is no exchange of USD involved.

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

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?

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!

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.

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/

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?

I also found this website and have been actively using it, coming on day 26 today. I have been taking daily screenshots, recording daily dividends and reinvesting my earnings as soon as possible. I posted daily snapshots on instagram for the first week and then jumped to only one post per week with the intention on finishing up with a whole month recap. So far, I have not crunched my numbers, but have done some slight mathematics and have a good idea on what my return has been. I also have deposited more into my account, but haven't done that for a couple weeks now. So far, just collecting the daily dividends and they sure do add up. I have not done any withdrawals, so I am unsure how that will work out. My intention is to keep this going for a solid year. Once your daily earnings are enough to reinvest once per day, it truly will be a 1% daily return. Plug some numbers in and see what say $1000 can turn into in just one year.

I would post a picture but I am unsure how to go about that. I don't forum.

I'm free for any inquiries y'all may have.

https://www.autobitcointrading.com/?join=RXV6QSD

I am not so sure what to make of this. It doesn't look like a silly ponzi and seems to have love stats streaming. The return is high and  how does the bit know when to buy and sell ? Why would someone need our money they can use their own ?

I have invested 0.01 BTC and planning to add more. Just looking how it works.

Could be this possibly a scam?

Yes, after you have accrued 0.01 BTC or more in profits, you can only withdrawal the entire profit amount (or opt to reinvest the entire profit amount). As far as waiting for an investment to mature, the minimum required length of deposit is 90 days, I believe.

(don't hold me to it, I'm not the site admin and I'm just going by what I read and personal experience)

The only thing I'm wary of is the fact that you are required to leave your deposit invested for a minimum of 90 days. Other than I'm pretty happy with it so far.