Topic: Bitcoin arbitrage, quite profitable BTC investment, make up to 1% ROI per day - page 14. (Read 47388 times)

Take your pills Yonce, when you skip a day, you get a bit upset. Yonce, a person who admits playing HYIPs for 13 YEARS, which is 13 YEARS making money on other peoples misery, comes here and tries to educate us about not investing in BT but investing in Finmutual and Cryptory instead, which are HYIPs without doubt, they are present on most HYIP monitors. The only thing I can conclude from this is that you are an admin of one of these service or somebody closely related to these services. You did mention to have more than 1000 BTC in your possession, there is no way anyone can get that much BTC unless stealing it from other people. Unless you are Satoshi Nakamoto.

I do not believe BT is a HYIP but I ve pointed out a potential risk of this or any other Bitcoin related investment several times. Also, I do not hide or cover my referral links, if people do not like it, they can register without the link or not register at all, this is fine by me. I do not pretend to be some kind of investment guru, I have invested my own money into this and if I get to lose it, it is my own decision. Everyone investing online should think this way, we are not sheep here.

After all this, you call me and other people having referral links in our signatures a referral whores and dishonest people?? You, having -11, NEGATIVE trust rating, Warning: Trade with extreme caution. Person making money for 13 years on HYIPs and similar scams calls us scammers?

Well, if we are all scammers, what might you be dear sir? Maybe we can ask all these people whose money you have been living on for the last 13 years,ha?

I'm sorry but this sentence in response to that ticket is nothing but HYIP admin BULL! "Our account balance is the USD, since the majority of our clients are not Bitcoin savy and just like to earn a decent return based on fiat."

The script could be completely denominated in Bitcoin, even Litecoin -- then there would be no USD conversion. Don't turn your own words around.

I did not mean to not include other currencies, I was just explaining Shadowscripts function of the BTC payment processing module. All BTC transactions are created in a fiat conversion rate. That is what I mean, not bitcoin-trader's BS response of "our accounts are whatever fiat, and this is for the less BTC savvy people" LOL such BS when all he has to say it is how the site is programmed. Shadowscripts has a way of doing Bitcoin deposits for all shadowscripts sites. I have tested bitcoin-trader's funding of bitcoin and it is identical to all shadowscripts HYIP's.

Have used them for a while already. Got in their promotions too.
Currently they are at least 4% above btc-e and coinbase!

Misleading again Mr. HYIP: The script can be run among major currencies (USD, EUR, Yen, GBP) in BTC and even in LTC - so it's definitely a matter of choice. Next time do your homework!

The answer is a lie. The script bitcoin-trader uses, Shadowscripts converts bitcoin to USD. All shadowscripts run HYIP's do this.

Thank you for posting that support ticket, because his truthful answer should have been that is how the site is programmed to work. Further cements the fact that bitcoin-trader is a HYIP that is lying to their bitcoin clients who believe they are involved in a legitimate business.


LOL from that ticket response: Our account balance is the USD, since the majority of our clients are not Bitcoin savy and just like to earn a decent return based on fiat. What bullshit. Can't even admit the fact the site is programmed to do so, but has to make it some fancy pro marketing thing for clients.

Once again for many of those that don't know. Bitcoin-trader uses the popular HYIP script to run the site called shadowscripts. You can verify the license here: http://www.shadowscripts.com/license-validator

The bitcoin processing module in shadowscripts automatically creates deposits based in USD. All shadowscripts sites, including bitcoin-trader's do this. Funny the admin has to make it sound extra fancy that their account balance is USD and its for the good of the not bitcoin savvy people LOL. Thanks again for sharing that support ticket. Love to hear insight into a scummy admin's responses to logistics questions.

And the answer:

yes in a sense it's like shorting btc, but better since you at least get a return in fiat until it keeps going.
That's why if I were not long btc I would already have increased my trading shares.

+1

I just opened a support ticket:

May 30, 2014 trading result: +0.92%

Cumulative earnings in May reached 20.48%, slightly above April results.

Then you've learned the wrong lesson. Currency trading is a zero sum game with no rules against using insider information. This means that most normal people will lose money even before fees. What you should have learned was to invest in something that has a positive expected return.
 

No point in warning against something everybody knows. In this case that does not seem to be the case.

Amazing how some of those radical freaks keep on trying to force their holy words upon others like Jehovah Witnesses. Someone close the door, damnit!


Did I miss the result of today at BT?! I can find it easier here then on their site. I saw it once and never found the page again. So I come here. Finding my way through the clutter, though that'll become much easier once you use the ignore function in abundance.

thanks!

Cheers! I am always going to be around when sites try and avoid the HYIP association when that is all they are. Bitcoin-trader tries real hard to avoid the association. I have called out both rockwell and btc-arbs for being crap. I actually called out btc-arbs prior to it scamming (where I get some of my negative trust from haha). Rockwell is next offering STP exchangers 50% or so discount on cashing out their STP funds.

It means any business offer or opportunity carries risk.
I trade FX for myself, been doing it for 4 years, still a nob.
All I have learnt so far is that anything carries risk, the risk of you losing your profits, plus your initial investment.
I have no one to blame for my failures, I did burn a few thousand EURO in the "learning" process.
And the advice is, only use money you can afford to lose - it also means that, indeed, programs, opportunities and businesses exist that can do the trading for you. But trading by it self involves a lot of risk, so don't expect the holy grail on whatever is advertised. Give the others an opportunity of doing it for you, but if you expect to become millionaire overnight... and just in case something goes south, don't throw all your life savings, just what you "don't need".

Regarding BT, so far, they are doing what it says on the tin.
What is amazing is how this thread is so biased regarding BT, I mean, bad mouthing.
You can't find the same amount of pages (or advice ) regarding well know scams and HYIPs.
There's only "warning" after "warning" in this thread - we are now on 20 pages of "scam, scam, scam".
Kind of strange, don't you think?

I don't understand this argument. Why throw money down the drain on something that has a negative expected return, just because you can afford it?

As I mentioned before... this thread rocks!
Such entertainment... and now its looks like its a 2 horse race. Well done both (Yonce -11 and Crazy Ivan).

Really, Yonce, what do u expect to achieve by posting here?
The Nobel Prize for world peace? Warn us that schemes that pay dividends are all HYIP and ponzi?
How about warn us that our local bank is also a HYIP and ponzi? And that they might go bankrupt and steal our money?
We all know that by now, and as saying go (actualy 2 sayings) - if its too good to be true... and also, only use money you can afford to lose.
So, i do't think there's underage people here that need your constant nursing and worries.

Don't really understand what kind of nastyness BT as created. So far they do what says on the tin.
But Yonce is quite active de-promoting this service.
If you really care about people and their finances you should:
a) stop promoting that scam of finmutual and all the other shit (at the end of day if you know they exist only to steal money, you are as liable as they are).
b) go over to other threads like rockwell, btc-arbs and similar shit, and be as active you are on this one (prove how much you care about warning people)
c) GET A LIFE!

Another quite nice trading day, May 29, 2014 result: +1.11%