Hi, I have been using the site since mid December.
You do have to be careful where you put your coins. The site has some . . . well, issues. A .biz suffix for one, but also they work out of the UK (trading stops on UK holidays) but are incorporated in Panama with no locational address or phyiscal contact method.
They also have glowing reviews from all over the world posted on their site after only a month of operation. It feels like trying too hard.
That said, I did take a chance and invest some coins.
I contacted them about my concerns (after I invested a few coins) and they were responsive and discussed things with me.
Their backend is pretty sophisticated and you can withdraw your earnings at any time without fees. If it is a scam, it's had a lot of work put into it.
They do post their results publicly and the returns were really good in December.
https://bitcoin-trader.biz/results.phpIt opened up in November just before the price explosion, and the mining results that they posted for that month were much less dramatic. I have a mix of trading and mining shares and I have made about 30% of my original investment back, and I've withdrawn about half of that and reinvested about half.
One very good thing I like about the site is that once you deposit bitcoin, your balance stays denominated in U.S. dollars AT THE RATE WHEN THE DEPOSIT WAS CREDITED, and your earnings are denominated in dollars so you are protected against price declines. (flip side is you don't benefit from price increases, but I think declines are more likely in the mid-term. Anyway you can ride the market rate if you cash out everyday.) When you want to withdraw, they convert your dollar withdrawal amount to bitcoin and send them to you, although they only process withdrawals once each day monday thru friday (I think it's 1600 GMT)
I'm treating it like any other investment and only putting in what I am willing to lose. Personally, I recognize it could possibly be a long term scam, or even if its sincere could just fail as a business eventually, but I think it's good for a mid-term investment.
If you want to give it a try, here is my referral link.
https://bitcoin-trader.biz/?ref= [ref removed]In fact, for anybody who signs up using my referral link, I'll buy you a trading share.
Just post (or pm me, but it's easier to see who is 'first' if you post here) your username and user number after you sign up and once it shows up in my downline, I'll send you $20 worth of bitcoin. (They use the
Mt. Gox Coindesk rate)
DISCLAIMER:
I am not associated with the site in any way.