Topic: bitcoin-trader.biz - page 94. (Read 203914 times)

Howdy gang. I have recently been selected as a local area rep for the Greater Toronto Area in Canada (i'm sure there will be more, it's a fairly sizeable area/population).  

Killerloop has covered it pretty thoroughly, but if anybody in the Toronto area (or anywhere else) is signing up and are having trouble with funding the e-wallet or other aspects of the website, I'm happy to try and help get you sorted out.

bitcoin-trader.biz/?ref= [ref removed]

Hi, thanks for the information!
All information about our friends at bitcoin-trader is of great value.
BR

Hi, I am the italian representative of Bitcoin Trader. I just joined the forum and spotted this post. I will tell you everything I know.

What cacahouette said is correct. When Bitcoin Trader will no longer be able to profit from arbitrage there is still no reason for them to steal our money. They will just post 0% earnings and spend that money somewhere else until contract expiration. Why risk legal problems in a win-win situation where users basically buy your 0% bond and are happy to be refunded at 100% value?
The same thing is true for mining contracts.

Now on to some information:

The company headquarters is located in the London area. They do not offer phone support because that would overwhelm them; representatives like me are paid (hopefully!) for assisting customers and answer their questions.
If you have an account with at least 20k$ you are allowed to meet John Carley at their office in London to discuss additional opportunities. 20k$ not 50k$.

I have no information about their mining rig, except that as of today it should have the hashing power of 5-6 CoinTerra IV. I guess that if you are able to arrange a meeting with mr. Carley he will show you their rig.

Currently there are no open job positions, not even as traders. They are currently not interested in people trading for them in either Saturday or Sunday.

When the trading pool has a negative earning losses are not deducted from your share value or E-wallet, instead your cash balance will be debited. If this sends it in the negatives it will compensate with the next positive earning.
Trading Pool earnings are only credited from Monday until Friday. In addition they observe UK public holidays, where no earnings are credited.
Mining Pool earnings are non-stop of course.

The processor you use for depositing funds is the one you will have to use for cashouts. Otherwise you will have to pay a conversion fee from 1% up to 3%.

That's all I guess, everything else was already said by moriartypants.

PLEASE NOTE: I do not intend to step over anyone here. Always use your local representative:)
Italians are welcome to contact me of course.

No problems here.

Just logged in and cashed out. Seems to be business as usual.

If other sites using cloudflare are having the same problem, it's probably a cloudflare issue.

I cannot connect securely to bitcoin-trader.biz right now. Receiving an ssl certificate error which tells me i am connecting to ssl2000.cloudfare.com instead of bitcoin-trader.biz. I have attempted from multipler browsers (safari, chrome) and multipler computers (both mac os x 10.9).

some people on twitter seem to be reporting similar problems for coinex and mintpal...so was wondering what's going on!

thx

Another profit for 4/1/14

I also got the newsletter, which was pleasant. I now have a total of 19 shares (sold some IRL stock to pay off a loan and had a few hundred dollars left over and figured hey, why not).

Nothing else goes in until I've made my money back.

Got this email today very impressed. Thoughts anyone?



Bitcoin Trader is pleased to announce the launch of our Spanish and Italian webpages.

At Bitcoin Trader we believe that providing the best service to our clients and prospective clients is of the highest importance. It is of essence that the client understand everything he/she needs to know about our business and what we have to offer. Getting this information in one's native tongue will ease this process.

Currently a Portuguese version is in the make, that should be available within two weeks. We estimate that our Russian and German webpages will be online by the end of April.

Please note that due to the nature of our web app, currently only frontend pages can be translated.
 
    
    
The current state of Bitcoin
 
    

We've hit the lowest price so far in 2014; one Bitcoin is now worth about half its value compared to three months ago, as the market is still searching for a bottom. Many expect the bottom to be around USD 400 and the order books of some of the exchanges seems to confirm this prediction. Bitstamp alone has bids for 5000+ Bitcoins in the region of USD 400 ± USD 5 at the time of writing.

We must also consider that the current market is highly manipulated by a very few high volume traders who are taking full advantage of the current situation. I can't blame them, it's part of cryptos in general, but I would like to have a bit more stability in the market. In addition the few exchanges we have are acting sometimes kinda surreal. I give you an example, by quoting a recent comment I read on Coindesk:

"These exchanges make no sense to me. Buy .25 bitcoin, price goes up $.75. Buy 12 bitcoin and price goes up $.05. Makes no sense to me."

I totally agree with this guy - he is right. I have observed such bizarre market movements many times, despite any indication why it is moving this way or that way, i.e. low or high trade volumes at the time of the trade etc.

Bitcoin is still creating massive controversy in the media. Often about its risks, dangers, and dubious mainstream appeal. On the other side we have good news as well, plenty of good news to be frank: More and more large retailers are accepting Bitcoin for purchases. In The Hague [Netherlands] a joint initiative of restaurants and pubs led to the 'Bitcoin Boulevard' a street where all joints in the street are accepting Bitcoin. Almost every day somewhere a Bitcoin ATM is going into service. The IRS "property" classification for Bitcoin reaffirms it's status as digital gold. To name just a few examples.

No doubt, Bitcoin is becoming mainstream and I am bold enough to argue that the current Bitcoin price is undervalued - if not a joke!
 
    
    
Trading update
 
    

While trading went well for most of March, we had the first loss day in over three months last week. The reason was very slim spreads among all exchanges during Bitcoins 'free fall' and thus existing opportunities expired before our trades concluded.

The chart below taken from Coindesk, our official Bitcoin Price Index source, is illustrating how close the exchanges are currently.



The spreads between the exchanges remain very slim since, but we are confident that we can still deliver around 20% earnings per month, even if the situation remains unchanged.
 
    
    
Mining update
 
    

While price hikes and drops are good for arbitrage trading, mining with the ever increasing difficulty needs a stable and gradually increasing Bitcoin price.

Unfortunately Bitcoin lacks any fundamentals that anchor the Bitcoin price, as there are for most assets, despite the high costs of mining equipment and the recurring costs of electricity. Anchors that are factored in the prices of natural resources like oil, gas, gold or diamonds for example.

As from tomorrow the hashing rate per share will be increased to 10 GH/s per share. We remain confident that our mining shares will remain profitable in the months to come.
 
    
    
Join our Social Network
 
    

Bitcoin Trader has a social networking presence on Facebook, Twitter and Google+. Our official pages keeps you updated with daily results, news and important announcements.

We recommend to all our clients to join at least one of our online communities to keep yourself informed and updated about our services.

Thanks for reading and our warmest regards,
John Carley
 
 
 
Copyright © 2014 Bitcoin Trader - All rights reserved.
 

Cash balance is now positive again after Fridays earnings.

Because the one time they DID respond to a request, the person who made the request was a jackass about it and came back with "how do i know that's not photoshopped? how do i know that's john in the picture and not somebody they hired?"

I'd be pretty annoyed too, if I hauled myself over to the datacentre, had a pic taken, only to have the results questioned in such a rude manner.

Final update on the mining rig picture topic. I just got this email today. I am drawing no conclusions and so far I have been happy with bitcoin trader.biz  services

My name and email is removed from the message

-- do not edit --



A customer support staff member has replied to your support request, #231091 with the following response:

Hey *****

We would appreciate if you accept John's decision in this matter.

Thanks!

We hope this response has sufficiently answered your questions. If not, please do not send another email. Instead, reply to this email.

With best regards,
Michael Brandenburg
Head of Marketing & Business Development
Bitcoin Trader

Hm. so he is. I stand corrected, and I apologize for that error.

Everything else i said, however, still valid.

"BTW, if you would have investigated a bit further you could easily find that they not only accept Bitcoin. I have deposited with OKPay and PexPay and both accounts are verified in the name of John Carley. Both processors are known for a strict verification policy."


This is plus!

The only thing that smells fishy here is you, as you either a) created an account on Bitcointalk for the first time ever or b) created a sock puppet account for the sole purpose of spreading FUD in this thread. Let's look at what you are trying to convey in your post:

1) this smells fishy
2) this is a ponzi scheme
3) this is a gamble
4) we should think about the ethics of the whole thing

No problem, I've thought about it and I've determined that you obviously have some sort of ulterior motive for posting here so my recommendation to everyone is to put you on ignore.

I have a negative balance today no big deal u win some and loose some. The bigger picture on this is more important only time will tell.

His email address and referral link are listed under the United States section as Mark Ryan. 
Although It's hard to think of someone as a 'representative' whose response to inquiry is to 'contact someone else'. 




Thanks for posting that.  I asked similarly back in January and Brandonberg was a little less forthcoming. He said that traders retained a percentage of the daily profits but didn't tell me how much. 

I dismissed ethical thoughts since my government raised the retirement age from 60 to 65 and by 2029 it will be 67, since the state pension fund is a confirmed ponzi scheme. Needless to say that I will get the same pension as pensioners that previously retired at 60.

As others have pointed out, for a "representative", you seem to know only two things about Bitcoin-Trader.biz: Jack and shit.

You are not listed as a representative on the area representatives page.  There is no mention of a VIP program anywhere on the page, so I can't verify that "VIP" earn 0.08% (of what?) per referral in their downline.  ALL affiliates earn a 5% commission on any shares purchased by their downline associates.  They do not earn a % of their downline's daily earnings. They do not earn anything just for referring someone.

So, I seriously doubt you are a representative, but rather you're just someone trying to generate referrals through bullshit and sneakery.

In conclusion: Fuck you.