Topic: bitcoin-trader.biz - page 11. (Read 203913 times)
Does anyone have any idea how they got their yield numbers? The mining part is easy, just provide difficulty adjusted returns. But what about the trading pool. How did they pick the numbers?
The topic of this thread is bitcoin-trader.biz. If you want to talk about something different, the forum software allows you to make new threads..
Ambulance chasers suck. Go away.
Ambulance chasers suck. Go away.
why don't you actually do some bitcoin trading yourself and see what is actually possible.
http://www.coindesk.com/mit-bitcoin-trading-simulation-yields-profit-89-50-days/
read this
http://www.coindesk.com/mit-bitcoin-trading-simulation-yields-profit-89-50-days/
read this
ok ignoramus, how about you show that in fact esoteric is operating as a ponzi before you make unbacked accusations. you can be sued for libel, you know that?
until you have the proof of it, keep your trap shut.
until you have the proof of it, keep your trap shut.
From the website:
"Each month your Plan is active you will earn a 5% return on your original investment!"
Proof. Nobody is that consistent with returns that they can guarantee this type of performance, ever. As I brought up earlier, the most famous person who did was Bernie Madoff, and he offered exactly 12% a year. You are offering an 80% ANNUAL RETURN.
This is a scam, you are a scammer, so is Phantom Trader. You've both been outed as criminals. Now please GTFO.
Yes They all claim to have a new "secret sauce' That makes them different.
All of these scams are innocent until proven guilty.. Unfortunately the only way they are proven guilty is that they disappear with all of your money...
All of these scams are innocent until proven guilty.. Unfortunately the only way they are proven guilty is that they disappear with all of your money...
Lol.. Does this site accept investment?
ok ignoramus, how about you show that in fact esoteric is operating as a ponzi before you make unbacked accusations. you can be sued for libel, you know that?
until you have the proof of it, keep your trap shut.
until you have the proof of it, keep your trap shut.
in that case brokerages shouldn't need ppl's money to operate their business.
Brokerages don't guarantee a 360% per year interest rate with absolutely no risk. In fact, you're lucky if you break 5-6% with some of them in a year, plus you pay fees on top of that and in some cases lose money due to the risk. This is VERY different.
Did Esoteric Investments leave you at some point with the impression that this was a risk free investment. We are trading bitcoin I can assure you it is not risk free on those exchanges if you have never figured that out by yourself. Any losses we do suffer we can show you our trades and where in the chart it happened for transparency so you know we in fact lost your coins in the market from a bad trade. But your investment is not risk free, not even minimally risk free.
If you have never traded on crypto currency markets there are people with large wallets that control markets and team up together to move and pump markets as big as dogecoin sometimes. They are called whales. When you are in the market alone with even a substantial amount of trading bitcoin say 2-3 ($1000) you are at the mercy of these whales. With the pool you put those coins in the hands of our qualified traders that are making it their job to research coins and market movements making our traders whales to secure your bitcoin investment and to put and use it in the markets to secure profits for the pool. Trading by itself is never ending and tiring, and often without a large enough investment isn't worth the time needed to actively trade and research. by giving it to a pool we put in the time to give your investment into bitcoin a better shot of growing than if you were trading it alone on your own.
Basically, we operate with a lot of similarities to a brokerage the people you give your money to go trade it for you and make you profits for a fee taken off the profits.
Can you disclose what your fee is?
The fee applies to only profitable trades that will add to our profits pool. As many factors are variable in our payouts system so is the fee, we do not have a mathematical equation to set this in stone yet(we're new and have to play with the numbers to see what works best). Factors such as the size of the profits compared to the size of the pool, how much bitcoin is in the profits pool reserved for payouts, how the market is performing (odds of another profitable trade in the near future) and others contribute to what our cut will be. If the profits pool reserved for payouts is low, empty or negative and the profits from the trade were modest (0.1-20%) it is most likely the whole realized gain will be put into the profits pool until the pool returns to being profitable. If we can payout our 2% high payout for almost a month then more profits will be taken by us 50% or more. Then there is the whole mess in between. The idea is to ensure bitcoin is in the profits pool reserved for payouts for a week or two ahead of time and there is some buffer room for a bad trade to happen without deducting from account balances of clients. If this has been secured then more profits will be taken by us based on that and some other factors. If we do good trading we get paid more from how long we keep those good trades happening and keep your payouts coming. If we do bad trading we don't get paid at all.
I know it sounds like we are taking a lot, but we do a lot to monitor markets that never close and move more in a day then a stock does in a year, and overhead expenses for regulation compliance are costly. Basically its not easy to do crypto-currency trading and not cheep to do it for other people so our fee reflects that.
Follow up to esoteric Investments,
Today Dan Pace actually called my house! (i left my number on the support ticket on the company's website , https://www.esotericinvestments.com/?refid=55)
They are real company, currently they operate the business from home on their personal computer. They have an office they will be renting and moving into which will give them a lil more official look. but primarily their focus is on the mechanics of the trading system/strategy, payouts and withdrawals. also they are looking for a graphics designer to hire on to spruce up the site design if anybody is interested. In addition i recommended (and they already are working on this) to put a live member/support chat room on the site itself, either through skype or another service.
Anybody interested can contact Dan @ 732 903 8379 (google voice), for further info, or through the website itself.
I'll post up any new developments as it comes along.
Today Dan Pace actually called my house! (i left my number on the support ticket on the company's website , https://www.esotericinvestments.com/?refid=55)
They are real company, currently they operate the business from home on their personal computer. They have an office they will be renting and moving into which will give them a lil more official look. but primarily their focus is on the mechanics of the trading system/strategy, payouts and withdrawals. also they are looking for a graphics designer to hire on to spruce up the site design if anybody is interested. In addition i recommended (and they already are working on this) to put a live member/support chat room on the site itself, either through skype or another service.
Anybody interested can contact Dan @ 732 903 8379 (google voice), for further info, or through the website itself.
I'll post up any new developments as it comes along.
Nice concept, but only 2.12 BTC bounty for solving the MtGox case 
well, we all know who has the btc (mark) ... so .. i bet a bigger bounty would be for BT
Nice concept, but only 2.12 BTC bounty for solving the MtGox case
The faster such irresponsible projects go off the scene the faster bitcoin ecosystem will become stable and trusted.
Very sorry for those who lost such serious investments.
Very sorry for those who lost such serious investments.
I believe projects like "BitcoinBountyHunter.com Bitcoin Bounties to catch the crooks!" will help.
https://bitcointalksearch.org/topic/bitcoinbountyhuntercom-bitcoin-bounties-to-catch-the-crooks-784520
http://bitcoinbountyhunter.com/
The faster such irresponsible projects go off the scene the faster bitcoin ecosystem will become stable and trusted.
Very sorry for those who lost such serious investments.
Very sorry for those who lost such serious investments.
Hi all,
I created this profile so I could add it to this list.
I invested alot of money, and this really SUCKS!!
I really hope we can find the perpetrators!!!
5th place.. haha
icecreamgenius = $40k
joystickj = $31.5k
Casimir1904 = $25k
jimmad13 = $24k
ulvify = $23K
timothyvail = $20k
varChar = $14.5k
pawlo74 = $12k
c0c0 = $10k
Karsten Holland = $8760
tonyca = $5964.1
Centaurus = $5k
justGotConned (Jeebs007) = $4.1k
tuktukracer = $3k
rhader = $2.7k
proximator = $2.4K
Attie707 = $2k
aerensoy = $2k
ranlo = $1.8k
Forgaria = 1578$
zwickl = $1.3k
btloser = $1280
tywe = $1,230.95
puma1888 = $1.2k
Digicoinz = $1.1k
Mr_River_x = $0.9K
Cassey = $500
lesnod11 = $350
I created this profile so I could add it to this list.
I invested alot of money, and this really SUCKS!!
I really hope we can find the perpetrators!!!5th place.. haha
icecreamgenius = $40k
joystickj = $31.5k
Casimir1904 = $25k
jimmad13 = $24k
ulvify = $23K
timothyvail = $20k
varChar = $14.5k
pawlo74 = $12k
c0c0 = $10k
Karsten Holland = $8760
tonyca = $5964.1
Centaurus = $5k
justGotConned (Jeebs007) = $4.1k
tuktukracer = $3k
rhader = $2.7k
proximator = $2.4K
Attie707 = $2k
aerensoy = $2k
ranlo = $1.8k
Forgaria = 1578$
zwickl = $1.3k
btloser = $1280
tywe = $1,230.95
puma1888 = $1.2k
Digicoinz = $1.1k
Mr_River_x = $0.9K
Cassey = $500
lesnod11 = $350
yes, because this situation is a different METHOD, so has to be treated entirely different. but also we have to realize bitcoin is a whole new system of moving money, with new concepts and money making opportunities that are being discovered and exploited.
How come all of these new concepts and money making opportunities always end up being exposed as ponzis or other straight up scams in the end?
Or maybe it's cheaper to not work and risk anything and just steal some bitcoins from hopeful little guys... but still there are large organizations making profits in this area with client funds.
They all claim to have a new "secret sauce' That makes them different.
All of these scams are innocent until proven guilty.. Unfortunately the only way they are proven guilty is that they disappear with all of your money...
All of these scams are innocent until proven guilty.. Unfortunately the only way they are proven guilty is that they disappear with all of your money...
yes, because this situation is a different METHOD, so has to be treated entirely different. but also we have to realize bitcoin is a whole new system of moving money, with new concepts and money making opportunities that are being discovered and exploited.
How come all of these new concepts and money making opportunities always end up being exposed as ponzis or other straight up scams in the end?
sonny1 knows it's a scam, but he's either a sock puppet account for the guy who ran BT (which may be the same person as Phantom Trader), or he just wants to pull the same trick as he has bragged about doing with BT. Get in early, help recruit users, and withdraw before it collapses.
Doesn't matter what the fee is. Sorry, that 'explanation' writte above might sound ok to average joe reading it, but as a trader myself I feel compelled to strongly warn everyone about investing in this, I'd say there's a very big possibility that you will just lose all your money because it's a scam.
in that case brokerages shouldn't need ppl's money to operate their business.
Brokerages don't guarantee a 360% per year interest rate with absolutely no risk. In fact, you're lucky if you break 5-6% with some of them in a year, plus you pay fees on top of that and in some cases lose money due to the risk. This is VERY different.
Did Esoteric Investments leave you at some point with the impression that this was a risk free investment. We are trading bitcoin I can assure you it is not risk free on those exchanges if you have never figured that out by yourself. Any losses we do suffer we can show you our trades and where in the chart it happened for transparency so you know we in fact lost your coins in the market from a bad trade. But your investment is not risk free, not even minimally risk free.
If you have never traded on crypto currency markets there are people with large wallets that control markets and team up together to move and pump markets as big as dogecoin sometimes. They are called whales. When you are in the market alone with even a substantial amount of trading bitcoin say 2-3 ($1000) you are at the mercy of these whales. With the pool you put those coins in the hands of our qualified traders that are making it their job to research coins and market movements making our traders whales to secure your bitcoin investment and to put and use it in the markets to secure profits for the pool. Trading by itself is never ending and tiring, and often without a large enough investment isn't worth the time needed to actively trade and research. by giving it to a pool we put in the time to give your investment into bitcoin a better shot of growing than if you were trading it alone on your own.
Basically, we operate with a lot of similarities to a brokerage the people you give your money to go trade it for you and make you profits for a fee taken off the profits.
Can you disclose what your fee is?
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