Topic: bitcoin-trader.biz - page 39. (Read 203918 times)

bitfinex, kraken etc. all of them are audited. and alot are not, bt is in the second group. I would think alot before giving some money to one of them. Time will say the truth about bt, like one year more. I can wait, its better as losing all my bitcoins.

While I think that BTC-e is shady as well and wouldn't deposit money with them, they don't promise ridiculous profits if I do. In fact, all I can expect if I do is to use them to trade fiat or BTC, and I would have to pay for it. There is just no comparison.

I really don't care. I have been with them since day 21 of their operation, invested 5K figures throughout and never asked for an audit. btc-e is not providing any "Proof" as do many other bitcoin companies, so why should BT do it?

Is there even any hard evidence for them having actually done the audit? It seems more likely that they're just stalling, like they've done for the last 6-8 months.

Btpro: At this stage you should probably replace "gain" with "recovered".

Hello bitcoin-traders! invested capital 27.840.  gain: ~4%

does any trader know a more quality thread about bt.biz on bitcointalk.org? I dont want to read all of them...

I damn near fell out of my chair after reading that FB post. (from laughter; I figured something would "come up" and delay the audit.)

It's even better that another posted a screen shot of them saying they would release the Audit regardless of it being "good" or "bad".

I also like them threatening Group Members with bans for calling them liars.

Oh well, few more weeks and I'm out.

...though, I might toss a few hundred back in for "lulz".

Things like this bring up huge red flags:

"Thomas Opperman:  we are not going to release the first audit. It does not prove anything. No one will see it as adequate and the whole problem will begin over. Invalid,questionable results will be worse than no results at all."

Whether they're legitimate or not isn't something I want to delve into. But post after post from Thomas and the others are seriously showing a lack of understanding how a business is even run. Their manner of speaking to clients is extremely unprofessional, and the treatment of investors is flat out wrong. I seriously can't fathom how any business owner would want theirs to be run like this.

Ouch, and more to add to it:

"Thomas Opperman: ...This is bad PR because I am spelling out the straight truth,but here goes : we would rather lose the people that are complaining about the audit taking so long than lose the investors that have the biggest stake in the company due to an incomplete report. Think about it this way : the amount of money you have invested entitles you to a certain "amount of shares" and,as in any other company with shareholders the amount of shares gives a right to vote. The people with the most shares have the biggest vote. The people with the most money invested in BT (and those are people that do not work for or manage BT) have also given their opinion."

c0c0 ... GTFO please ....

1 - Except weekends, bank holidays, etc... such work... many improvement... very decreasing... wow
2 - Extraordinary would be above 1%, especially with some very volatile events recently...

Well, the Proof of Solvency audit has been done and is in the hands of BT at the moment BUT....the shy Mr. Carley isn't happy with the fact that the unnamed auditors have qualified the report, essentially rendering it meaningless in a practical sense, so he doesn't appear to be releasing it, instead offering a self compiled additional audit compiled in " the spirit of Crypto Currency and the p2p ideals thereof."  at some time in the future.

The natives are restless........
https://www.facebook.com/groups/bitcointrader/?fref=nf

A couple of quotes from BT FB admin:

'We are also going to do an internal audit to verify the findings on the other report and partially make these result available as soon as it has been completed. Learning from past mistakes we will not be adding a deadline for this to be completed, but will keep everyone updated on the progress throughout the process.'

'We are not going to release the first audit. It does not prove anything.'

'The fact is that we do not need you to invest or reinvest or bring on other investors.'

'Short term trust at this stage is meaningless to us'.

'That is what we are getting for working all at least 10 hours a day and paying our clients for almost a year now extraordinary earnings.....'

Can't tell if you're part of the (probable) scam or attempting to be funny. Confused.

At any rate, if these guys had posted the audit like they were supposed to a month ago I would have invested far more than my test amount by now.. as it stands I won't send them a single satoshi more until that lolaudit is posted.

What the would be investors should ask is who is paying. It's not very interesting for them what those on the top of the pyramid have to lose.

Grinder,

I know how a ponzi works and I am not a "sock puppet", please respect.

If you invest some money and get almost a 1% daily return for the last 100+ days, take your money out and cash it... what do you have to lose ? Of course there is risk, like anything else...

 

Yet another person (sock puppet?) who doesn't seem to understand how a ponzi works.
https://en.wikipedia.org/wiki/Ponzi_scheme

I also think that BT has a business that does not smell good.

I bought some shares a month ago, to give a try, and I took some of the profits already and all good. Reinvested the profits on Bitfinex.

He could also help BT increase their profits. I hear there is high demand from anonymous people borrowing coins at favorable rates through tor.

I heard they hired a renowned specialist to audit their books. A guy called Trendon Shavers.

That should be even faster than the test itself. Take output -> copy and paste -> bam. Done. Make automated charts in Excel if you want. It's a fast and easy process still.

The test has been done long time ago. Now they're waiting for the result from an independent guy

Yeah, I'm not getting why it would take over a month to do it anyways. All addresses are on their site (likely in a database). The financial information is on the exchanges. It would take all of maybe 10 minutes to fully compile and analyze the data by writing a simple script. This would give 100% accuracy. It may even take more like 5 minutes for someone that is already knowledgeable on exchanges (and since they most have APIs that speeds it up even more). I really don't see any excuses for why it would take over a month to get it done unless it's all just a smokescreen.