Topic: bitcoin-trader.biz - page 56. (Read 203914 times)

they are saying they opened a new office in china and hired two new trader for implementing chinese exchanges in their system. the result of that, they claimed were flater results and less negative trading results. that could be the explanation for that and not a secret at all.

BombaUcigasa, I'd like to know more about your personal opinion and how you interpret this data as well. It doesn't say much on it's own.

Very comprehensive work.

I am not a pro. How do you interpret this sentense? What does it say to you?

- the return would continue being between 1.3 and 1.6 when there would not be the break in april?

As seen above, the bitcoin price has a rather "natural" curve distribution, as well as the trade volume, looking at the results the curve is broken in the two time periods, before April and after April:



With the 20% commission, the two curves indicate a preference for 1.6% and 1.3%. The numbers appear naturally distributed, the only comment would be about the product details numbers which are not indicative of the results.

Is it based on volume of transactions?


It does seem that sometimes the results are proportional to increased volume, while sometimes they are inversely proportional. The raw data doesn't help much here either:

So how exactly does it work? What happens that causes the profits to vary? Let's look at the price variation:


It's certainly not the price, there is no visible correlation between what price there is and the results. This is what it looks like when we check the bitcoin price and the bitcoin volume:



The volume is all over the place, but more concentrated around the average prices.

The truth is staring you in the face. Only some people are trained to see it. Usually takes a few uni courses and I have a diploma to back it up. Let's explore the data that is publicly available on the site (under the site's own licence to use for informational non-commercial actions (without actually showing any of the site's data)).

First, let's look at a timeline of the trading results product, advertised for a sum close to 19.99$ for about 17 weeks, with a promised performance of definitely less than 3.1%:


I will make some general observations:
- the red line is more squiggly than the blue line, that's because it's the actual data while the blue line is an average (to be used with other averages)
- the results are dropping in value from about 1.3%-ish to 0.7%-ish, even though the investors do not get their results compounded (it gets pocketed)
- the results never go above 2.51%, closer to the promised maximum value
- sometime during April, the high volatility of the results has decreased drastically and the last sub-zero result is detected, this could be because they changed their methods or algorithms or became more competent at avoiding negative results (while obtaining more mediocre overall results)

Conclusion: while there is no indicative information of the health and functionality of the results yet, we can only observe that for a significant amount of time, the promised results are at 25% of maximum.

exactly, they spent 2000$ for that and this adds nothing to credibility. As you can setup anonymous corporations without regulations there.

it looks to me they just registered a company in panama for some cash, and thats all

Nice strawman tactic sunny1!

The point is that nobody really cares.

This is from their FB page.

Guys where are you getting those audit news? I'm missing something, what document is that?
Any links please.

He probably is from the "team"

Why do you even report at all? If it is a scam, and even if it is by off-chance, do you really want other people to lose money because of you?

I am no longer doing weekly updates on my shares 139 shares. I will be doing either bi-weekly or monthly. The amount of incoherent rambling on this thread is intolerable. Here is the update, everything is going very smoothly still.

http://i.imgur.com/1vGn2jN

By Nov. 23rd I should have my initial investment. BT Trader could be a scam, no doubt. For me, its within an acceptable degree of risk for my 4 btc. Again, only invest what you can afford to lose. Some people here seem to have forgotten that this is my money, not yours. If I lose it, so be it. So far though, you have missed 8 months of spectacular returns.

It appears their agent in charge of handling their Panama registration didn't properly communicate [with the registration office???] so there were unanswered questions.
((https://www.facebook.com/groups/bitcointrader/  --sorry, Facebook is retarded and doesn't appear to allow direct linking to Group posts in at least a 'read-only' format))

--Main post was made August 9th, 2014 @ 12:01 PM [EST]

They also appear to be looking into signing up for a BitLicense (that New York thing)....I asked, so I can't confirm yet.

Those seem to be US formatted dates, given the 7/31/2014 date. So, they just registered 8 days ago?

Welp, it appears that they have posted their official company registration info, with folks able to verify with the Panama business registry.

Still waiting on an audit to prove their solvency.

And

This is a scam ponzi,people should stop to advertise it...