Topic: bitcoin-trader.biz - page 65. (Read 203952 times)

Thank you

Last time a share of mine expired (a week ago) it took 20 hours to get sent to cash wallet. Cashouts to processor (bitcoin) have never taken more than 1 working day.

Hey guys

I had shares expire yesterday how long does it take for the money to show up in my account so i can re buy?

In the official Facebook group they found the once stated address to be a casino. Some documents from the past have been checked and now they try to contact the "companies" representatives stated on these documents.

That's correct. They've been pushing back producing documents for months now (if you swim through this whole thread you'll see what I mean). They've never missed payments, and they've always had some reason for not having the documents on hand. This was the first time they've outright said "yeah, we lied about that." It's a pretty significant change. The writing was on the wall already, but this is the first time they've outright admitted that they won't be producing them. There's a small rebellion going on now among their customers.

A bunch of folks have been working with the Panama business registration office and believe they may have ID'd the business and it's registrants.

well i think the following statements are not equivalent

1) they do not want to produce documents
2) they have not produced documents
3) they have not produced documents but claim they are willing to do it at some point
4) they have not produced documents, claim they are willing to produce them at some point but eventually changed their mind about it.

so each one can cause various degrees of (un)certainty regarding the trust they should receive. I thought they were in category 3 but seem to have switched to 4, correct ? Even 1 i think is better than 4

So what you guys are saying that this "company" is now un-safe because they did not produce papers/documents than b4 when they had nothing to prove but their word? well good luck then

I don't think company registration documents will prove much.  Governments probably accept everything a corporation says as valid, until enough pressure mounts to investigate.  Typically regulators are understaffed in the US, and I can only guess how limited the funding is for regulators in Panama!

For all my fellow ponzi/scam watchers - checkout the URO alt coin investment thread for a laugh!
https://bitcointalk.org/index.php?topic=600639.new#new

That seems a bit bogus to me. While yes, you can use many tools to fake registration information documents. You can't easily fake that stuff at the source. So, links to the Panama registration would allow any information they provided to be correctly verified is someone wanted to perform due diligence.

So, claiming that they won't provide such information because it can be faked is a catch-22 answer if I ever hear one. And disappointing too.

I'm not sure if there are any company reps here to clarify this.

There's always the chance they'll surprise us. But in the meantime I'm waiting for my shares to expire and I'm cashing out until either they share their business registration info, or they have an audit done.

It's from their official facebook group page.
https://www.facebook.com/groups/bitcointrader

Where did you pull those quotes from?

Mark my words, no trusted audit is ever going to be done. This is a hyip and nothing more.

In the official bitcoin-trader Facebook group, a user offered to perform the audit via a big company as suspicion is growing bigger.

So as of today, it seems they've decided to never release any information pertaining to their business registration in Panama, or the ever-forthcoming audit, per their new HR guy, Thomas Opperman.

"After a lot of very long discussions and trying one way or the other to convince each other what to do we have decided not to let any of the companies documents onto the internet. There are possible threats out there with anything that is posted, and we don't want to take that risk. If you think about the situation for a moment : it is really easy to forge these documents if a company is so inclined. Therefor anything we post as proof will have to be examined and questioned. The only way you will ever be happy with anything is by trusting their track record and the people you deal with. Anything more than that can be faked or forged."

"Josh,I didn't mean to be insulting in any way,and I want to apologise for that. Our company is really registered like we said on the page. Im not asking anyone to blindly trust Bitcoin Trader, I'm just saying that the results speak for themselves and the actions are also proof that everything is as it should be. Short answer : yes,we are registered. Yes, it is in Panama. No, we are not going to provide any documentation."

Note that the only things being requested are the business registration number in Panama so their registration can be confirmed. The claim that "documents can be forged" is BS, considering you can perform a lookup of the business registration on the website listed earlier in this thread. "Forgeries" is nothing but an excuse.

As much as I hate to say it, my gut feeling on this service has done a 180 after the yet-another broken promise about releasing registration info. I don't like the response of "trust us" when they've shown to be anything but trustworthy on things like information disclosures.

thanks guys, i've edited my message. I had not realized that this was available, apologies for being a bit too "vocal"!

My thoughts exactly, there is built-in currency converter which converters any cryptocurrency into USD. Since you cannot buy shares with crypto directly anyway, you should be able to buy shares as you intended to.

Cant you use their built-in currency converter for this? You can convert btc, xrp, usd etc

ok so today i made an attempt at funding my btc-trader e-wallet using ripple. I had $19 worth of btc there and wanted to use XRP to complete to $20 in order to purchase a new trading share

pro: transfer is immediate. After a few seconds the xrp transfer was confirmed in my ripple wallet. And it was instantaneously credited to my btc-trader e-wallet. That's pretty cool compared to the time it takes on the btc network

con: unfortunately i discovered that you cannot combine $19 of btc and $2 of xrp to buy a single trading share. It looks like each currency is segregated and you can purchase trading shares only from 1 sub-e-wallet at a time. That SUCKS!

I wrote to their support line to get clarification on this as it does not really make sense to me given that at the end of the day they convert everything back in USD for the purpose of doing your account accounting.

On top of it the ripple protocol allows in principle to send to them not only XRP but also BTC, USD etc... so if really they want to segregate currencies they should at least let a ripple user decide which currency to send them and credit it to the appropriate wallet! I could perfectly have sent them $2 worth of BTC or even just USD directly from my ripple wallet had they given me the opportunity to do so!

anyways, that's just to give a heads up to anyone who might be interested in using those new funding solution for btc-trader

[EDIT] sounds like i was a bit sleepy yesterday. Several people indicated to me that there's a free built-in currency converter to transfer funds from one part of the wallet to another. So contrary to my stupid comment it does not suck at all thanks folks!

Nothing a impossible but he needs to either make a huge initial investment or to invest significant amount every month unless he wants this process to last 10 years.