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Topic: Bitcoin arbitrage, quite profitable BTC investment, make up to 1% ROI per day - page 31. (Read 47388 times)

legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Another nice day, April 2, 2014 trading results:

BTC-arbs: +1.08%  Smiley

Bitcoin trader: +1.05%   Smiley
legendary
Activity: 1652
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Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about Roll Eyes

If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit  a day using 100,000 USD principal  Huh



Huh Your dollar performance depends on the amount invested. To clarify this, you buy trading shares, each share is $20 and it expires in 120 days. After these 120 days, you get your principal back, that is the money you have paid to purchase your shares. In the meantime, during these 120 days, each day you get percentage of trading profits/loses, depending on arbitrage opportunities for that particular day. So, if you buy 5 shares and invest $100 and daily result is +1%, you get $1 in profits or 20 cents per each share purchased. If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person.

They also provide mining shares, this is basically standard cloud hashing option, $100 for 10 GH/s and these last 365 days.
So you say that if i pay them 10000$ i will get 1TH/s which will mine bitcoins for me for 365 days and after that i will get my money back + mined bitcoins, sounds too good to be true.

No. When investing into trading shares you get your money back after 120 days + interests. When buying mining shares, you get cloud hashing service and you only get mined BTC.
hero member
Activity: 935
Merit: 1002
Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about Roll Eyes

If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit  a day using 100,000 USD principal  Huh



Huh Your dollar performance depends on the amount invested. To clarify this, you buy trading shares, each share is $20 and it expires in 120 days. After these 120 days, you get your principal back, that is the money you have paid to purchase your shares. In the meantime, during these 120 days, each day you get percentage of trading profits/loses, depending on arbitrage opportunities for that particular day. So, if you buy 5 shares and invest $100 and daily result is +1%, you get $1 in profits or 20 cents per each share purchased. If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person.

They also provide mining shares, this is basically standard cloud hashing option, $100 for 10 GH/s and these last 365 days.
So you say that if i pay them 10000$ i will get 1TH/s which will mine bitcoins for me for 365 days and after that i will get my money back + mined bitcoins, sounds too good to be true.
legendary
Activity: 1652
Merit: 1007
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Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about Roll Eyes

If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit  a day using 100,000 USD principal  Huh



Huh Your dollar performance depends on the amount invested. To clarify this, you buy trading shares, each share is $20 and it expires in 120 days. After these 120 days, you get your principal back, that is the money you have paid to purchase your shares. In the meantime, during these 120 days, each day you get percentage of trading profits/loses, depending on arbitrage opportunities for that particular day. So, if you buy 5 shares and invest $100 and daily result is +1%, you get $1 in profits or 20 cents per each share purchased. If you buy 50 shares for $1000 and the result is 1%, you get $10 for that day. The limit is $50k or 2500 shares per person.

They also provide mining shares, this is basically standard cloud hashing option, $100 for 10 GH/s and these last 365 days.
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
Please post performance not only in percentage but also dollar amount. In this sort of work, principal amount is important considering fee and liquidity. How much of dollar amount are you talking about Roll Eyes

If you invest 1.0 USD and have 2 cent gain, it is still 2.0 %. Can you make 1,000USD profit  a day using 100,000 USD principal  Huh

vip
Activity: 1316
Merit: 1043
👻
i can't see how this can go wrong
legendary
Activity: 1652
Merit: 1007
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how do they pay the earning? is it per share which is worth 20 dollars so all share earn same amount of .02 cents if the earning for today is 1% or is it 1% of the equivalent amount of bitcoin when you purchase the share. cause if i buy a share today compared when you bought your share then il have to pay more bitcoins.

thanks



Yes, earnings are per share, starting from the day you buy that share. Besides Bitcoin, you can use several other payment processors if that is more convenient for you. Do NOT invest unless you are 100% aware of the risks involved.
newbie
Activity: 56
Merit: 0
how do they pay the earning? is it per share which is worth 20 dollars so all share earn same amount of .02 cents if the earning for today is 1% or is it 1% of the equivalent amount of bitcoin when you purchase the share. cause if i buy a share today compared when you bought your share then il have to pay more bitcoins.

thanks

legendary
Activity: 1652
Merit: 1007
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I promote them because I personally use them and have had no issues with them so far. In exactly 57 days I should get my investment back, reaching my ROI and make a nice profit.
Also, I have clearly stated risks of this investment so people can decide whether these risks are acceptable or not. I am not sugar coating anything, it is relatively risky but it is profitable.
Thank you for comment.
newbie
Activity: 11
Merit: 0
The question is why you are promoting them?
Its easy to say scam! and its easy to show its not by everyday!

legendary
Activity: 1652
Merit: 1007
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April 1, 2014 trading results:

BTC-arbs: +1.05%  Smiley

Bitcoin trader: +1.43%  Grin

sr. member
Activity: 448
Merit: 250
Arbitrage is a good oppertunity, regulations get into the way. Every exchange have several different polices. And the time taken to do the transaction have to be taken into consideration.

alt. Coin arbitrage is easy, but less profitable
legendary
Activity: 1652
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March 31, 2014 trading results:

BTC arbs: +0.62%

Bitcoin trader: +0.88%

Since today is April 1, 2014, BTC arbs has been online for 2 months and Bitcoin trader has been operating for 5 months. For now, both of these services are operating without any issues. However, I still believe both of these are quite young and advise caution if you decide to invest. If you decide to get in, go slow and withdraw often.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Yup, this is exactly what I have been saying all the time. Investing 10 BTC at this point is not a smart move, investing 0.3 is an acceptable risk level. Also, withdraw often.

Risk has nothing to do with the amount invested. Risk is probability and time when the founder will run with the coins.

Also, ever wondered, why only people with refcodes say good things about this arb business?
legendary
Activity: 1652
Merit: 1007
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Yup, this is exactly what I have been saying all the time. Investing 10 BTC at this point is not a smart move, investing 0.3 is an acceptable risk level. Also, withdraw often.
legendary
Activity: 1652
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You do realise that this is a HYIP/Ponzi right? There is no way that 1+% each day is remotely sustainable or viable - your simply being fooled. My advice is to withdraw your BTC ASAP or at least don't promote a scam. Arbitrage is fine my concern is your not the one skin it or in control your simply taking their word with no proof. Either way don't come complaining when they run away with your money.

I have heard that comment already here. Yet, there is no single evidence of them being scam and they operate about 5 months, personally using them for 2. I made 2 withdrawals so far and everything was fine. Regarding your comment, there is no way to reach 1%, this is not true. If you include smaller exchanges, the difference in price can be up to 3% on some occasions. Factor in daily price volatility where BTC trading bots can get you a lot of money simply by buying and selling BTC. Also, there ve been days where their result was negative. Having said this, I have clearly stated in my posts the risks of this and any other Bitcoin related investment. Let me refresh your memory, Mtgox - RISKY, buying cloud hashing - RISKY, bitcoin gambling - RISKY, bitcoin securities - RISKY, bitcoin exchanges and trading - RISKY, bitcoin arbitrage - RISKY. So please, this is still young service, only time will tell how honest they are, invest small amount, $40 if you like and withdraw often until you reach ROI.

Thank you for your advice.    
newbie
Activity: 45
Merit: 0
You do realise that this is a HYIP/Ponzi right? There is no way that 1+% each day is remotely sustainable or viable - your simply being fooled. My advice is to withdraw your BTC ASAP or at least don't promote a scam. Arbitrage is fine my concern is your not the one skin it or in control your simply taking their word with no proof. Either way don't come complaining when they run away with your money.
legendary
Activity: 1652
Merit: 1007
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Do you actually have control over the trades?

Nope. In the case of BTC-arbs, you get a short trading reports, summarizing trade and general market conditions from the previous day. Bitcoin trader does not provide this but they provide cloud hashing service in addition to trading so you can earn both by trading and mining.
full member
Activity: 168
Merit: 100
AltcoinWarrior.com
Do you actually have control over the trades?
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
March 28, 2014 results:

BTC-arbs: +1.36%

Bitcoin trader: +0.52%
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