Topic: Bitcoin arbitrage, quite profitable BTC investment, make up to 1% ROI per day - page 2. (Read 47331 times)

And I assume they will release the result of the audit that were going to be done by the end of August, tomorrow.

BT has just entered its 11th month being online, everything in order, payouts on time, according to their Facebook page - they have over 8000 clients.

The point of they could offer these returns to a single investor/investor group still stands though, no extra admin or larger client base to deal with.

They do not make ~1% per day. Result for the month of August 14.73%, July 18.39%. Actually there hasn't been a month since they've started with 30%.

They may not let you compound individually,  so the ponzi doesnt collapse as fast, but that doesnt change the fact they pay out ~1% per day. If that actually corresponded to their profits, they would make >3000% per year on their own capital.

Because you guys still are talking about the myth of thousand of percents of annunal return. The reality is that we active BT members are getting anyting from 15 - 20% a months and compounding is not an option.

Just as important question: why do they need ever more money, spend a lot on advertising, referral programs etc ? If they really could achieve >3000% YoY, you'd expect their own capital to grow at an insane rate, and therefore they would need less external capital over time, not more.

Especially considering that BT is a non profit organization the founders are philanthropists'.

Bingo! if you wish for a meaningful discussion crazyivan debunk this point here.  It could be that this company wish to share profit with the community

There are plenty of venture capitalists willing to throw tons of money at promising projects involving Bitcoin. If BT would be able to prove that they can make 0.5%-1% per day, they'd have VCs falling over eachother to invest. At far better conditions (for BT) than what they have to offer people now.

This is a general sanity check for (Bitcoin) investments: To ask yourself why the company is seeking investments not from VCs that can lock large amounts  (>$1M if needed) away for a long period without questions, but instead from Joe Average with his $50 in Bitcoin who may make regular support requests.

Sure, go to banks and ask for a loan to finance your bitcoin business and tell me which bank is financing you, I will call them as well. Dude you must have missed that a lot of exchanges in the U.S., in Canada, in South East Asia and especially in the UK can't even find a bank that is opening them a checking account. And I am talking about 'legitimate' bitcoin businesses by your means, without saying that BT is not legitimate. That is the reality!

Nobody loses anything in a ponzi until it's closed, and then everybody usually loses everything.

The first page of this thread looks tempting, but it seems it may have been a ponzi. Can anybody other than OP clarify?

Has anybody actually lost anything?

crazyivan i dont think the goal is to have a meaningful conversation with you personally.  The goal is to look after the bitcoin economy where possible i guess.

You constantly insult me and expect me to have a meaningful conversation with you. I would rather talk to a garden worm.

One cant prove a negative, so I cant prove there is no business model behind this ponzi, but the burden of proof does not lie with me, as I am not soliciting funds or making promises of future profits. The burden of proof lies with whoever is soliciting your money. Its up to them to prove they are a legitimate business. They provide none whatsoever. No names, no address, no contact info on the website. No credible business plan. No explanation why they pay insane interest rates for loans any bank or VC would give them at a fraction of the cost.  No reason given why they seem to have unlimited appetite for ever more money, whether its BTC, dollar, or anything else.

This is a classical ponzi and a glaringly obvious one. Either you see it and you are a fraud. Or you dont, and you're an idiot.

Let me ask you, did you invest in MM(M(-2011)) ?
 

BT offers its investment to US citizens, and is therefore in violation of US security laws (as is anyone providing material assistance). And EU laws. And Japanse. And Australian. Id be very surprised if they werent even violating Russian laws, but I wont pretend Ive looked in to relevant Russian laws concerning unregistered securities. I do know the guy behind MM landed in jail, so I guess at least ponzi's arent allowed there either.


You're most welcome.

Alright well thanks for doing that now maybe we are making some progress at least. 

I dont know why this thread is in this section personally there is no service to discuss, its an investment but yeah.... progress at least.

One thing: Please come up with arguments which haven't been refuted many times already.

Couple things:

1) Show me one single piece of evidence which proves they are ponzi and I ll immediately close down this thread. Just 1. But real proof, not your opinion. Cause you see, I think a lot of things about you, but this does not mean this is true.

2) Show me a single person which has been harmed by BT so far, a single person which suffered due to them not respecting what they have stated on the website and I ll close down the thread immediately. In the meantime I can show you hundreds who have profited so far from them.

3)BT is not located in the US neither am I. You see, in mother Russia, we really do not care about US laws, so you can wipe your ass with that .edu website. Even in the case it was in the US, I really do not understand how am I aiding them into some kind of crime. People willingly decide to use them or not. I decided to use them, whoever things this is 2 risky investment, this is fine by me, go put your money in the bank. According to your understanding, every person promoting gambling websites should be persecuted once users of those same website bet and lose money. Please, do not make me laugh again. It is even more laughable if you do for a living something related to law.

4) My first posts clearly states the following: "Since this is a quite new service, they are 9 months old, please be careful what you invest. I would suggest to go slow, invest $60 and then increase it as you start receiving your profits. Still, be careful what you invest, I cannot be held responsible for your investment decisions." If this is not a disclaimer, then I do not know what is.

4) Thank you for calling me a cancer, this is a really nice insult, let see how long it is going to take webmasters to deal with that post.

Cheers and don't cry. Be a man.

i have tried to contact one of their "Local Representatives" and all i got was a begger to use his referal link. LOL
He said, after i sign up under him, he will answer all my questions.