Topic: Bitcoin arbitrage, quite profitable BTC investment, make up to 1% ROI per day - page 27. (Read 47388 times)

Next day, my 0.1 BTC send yesterday to btc-arbs still not arrived, support dosn't answer. SCAM or minimum incapability!


Here is the TX: fba5dc8c2c94cf324bad6473eeaac9574685e447eec57a759222e6af976dc7fd

Obviously long time send and arrived, with 157 confirmations!

Have you received your BTC-arbs payment?

I guess both websites are a bit slow due to holidays. There s no trading during holidays either.

The above is very true. It doesn't matter if it is a exchange or a arbitrage account either way you are giving another party your coins and hopefully they give them back.

With the above being said I am still waiting on my withdraw from btc arbs from yesterday. In fairness I think it say up to 36 hours so only time will tell.

I am going to give btc traders some coin though and see what happens.

BTC-arbs deposit takes about 12-24 hours, usually gets credited late evening European time.

Well I use Bitcoin trader for about 2 months and I am VERY satisfied. ROI is above 20% per month, their support is quick and responsive and I have not been able to find a SINGLE proof about them not paying or scamming anyone anywhere online.

That being said, yes, arbitrage is potentially risky. But tell me this, what BTC related investment is not risky? Is putting your money into BTC risky? Is placing your money on any BTC exchange risky? Who said Mt.Gox. Is buying cloud hashing/mining risky? Yes, yes and yes. We are involved into a risky Bitcoin ecosystem.
So, people, pls use your head and do not invest anything you are not comfortable to invest.

btc-arb seems to be scam. Send them a small amount BTC today, many hours ago, has 20+ confirmation in blockchain already, still not on my account, no answer from support, nothing.

Locking btc for 120 days is a HUGE risk

yup but with high risk comes high reward.......

So all of these may be scams that close one day with no notice.

It will go through. I also made a small test withdrawal yesterday and it went through today, so no worries.

btc trader is 120 days. btc arbs can be withdrawn at any time........

I asked for a withdraw yesterday evening from btc arbs and I am still waiting for it to show up today.
I also sent them this support ticket and this is what they had to say

From   administrator
Sent on   April 18th 2014
Please read our daily update.

----------------------------------
gentso1 on 17/04/2014 18:51:55
Hi, I have been having problems with your site being down here of late could you please let me know whats going on? I have been VERY happy with your service so far but as I am sure you are aware there is a lot of questions about the legitimacy of your site. My personal experiences have been great thus far (other then site being down. Do you guys have a forum presence anywhere? I, like many others would probably be willing to invest much more if we were kept more in the loop about the site being down or just being able to ask and have simple questions answered. If you do not have a presence anywhere and are looking to develop one I would be willing to help for a reasonable wage in btc of course. Please let me know you thoughts.
Reply


Once/if I get my coins back from these guys I am staying away. There response to me does not sound like a company that needs or wants any customer's at all. My initial deposit was for over 1btc, I will update if the withdraw goes through.

I am thinking of investing in Bitcoin-Trader. I kinda like their website.

I wanna ask whether I can withdraw all of my initial deposit (& earnings at anytime).

April 17, 2014 trading update:

BTC-arbs: +0.6%

Bitcoin trader: +1.18%

The price gap between 2 major BTC exchanges is HUGE today, almost $20 per BTC or close to 4%. This should brings us a really good arbitrage result. Does anyone have any idea why is this price gap so wide?

Damn, this actually works. Just made my first Bitcoin trader withdrawal and it actually works. How long have you been using this guys?

Yes, I think this adds a bit more to their credibility. If they wanted to run, this was an excellent opportunity. However, the website is back online and business seems as usual.

lol I just posted and I asked them probably some of the same question's I am sure you did. My biggest question is why they don't have any kind of a marketing guy on any forum keeping people in the loop. I mean of they are legit they have a great service that can make alot of money, so you would think they would be trying harder to get people to join.

On the other hand if they were going to pull a runner why not do it during this downtime? It's like they are just kinda sorta trying to run a business but not really.....lol

Yup all good here as well. No idea what happened but account is in order everything has been paid. Fact is it was probably just a simple issue with the server where there site has been hosted. If they had a forum presence or responded to emails it would make the seem so much more legit. For me personally I am going to take my money and run.

If they choose to respond to emails and develop a presence in ANY forum where we could QA them I will return but for now I will invest in btc traders or try to find something less risky. This is all of course just my .00000002 btc. I also opened a support ticket asking a few questions and I am curious to see what there answer will be (if there is any) about the downtime and lack of any kind of communication. I will update everyone with the completion of my withdraw and there response.

Yup, here is what they say:

"First and foremost, we would like to take this opportunity to apologize for the website downtime that we have experienced for roughly the past 12 hours. Due to a hardware failure in our data centre, our website was temporarily offline. During this time, arbitrage trading continued as per usual, however users were not able to access their accounts. We have pinpointed the point of failure, and have taken steps to ensure that it does not happen again."

Yup its online again..I must say I got worried there..
Any answers why they were offline?