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Topic: bitpick.io, get trusted trading decision instantly | buy low sell high, for real (Read 2617 times)

copper member
Activity: 1162
Merit: 1025
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
He can use his main account to sign up with this service and create a new account to frontrun himself and his customers.
newbie
Activity: 12
Merit: 0
You realize, that those traders can just use a second bittrex account and frontrun all those followers, right?

Sure, Simply if they used another bittrex account, they will not be experts on bitpick, as we analyze the trader history on the exchange and one of our parameters to determine if this trader is an expert or not is the total period of trading, which will be a short period of course in this case.
We're also working on some analyzing techniques to detect these unethical practices, we will explain this in more details soon.

Very Good question, Thanks.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
You realize, that those traders can just use a second bittrex account and frontrun all those followers, right?
newbie
Activity: 12
Merit: 0
I made... 500%+ this month.. Are your traders making 100% daily returns?
I don't see anything special unless they are making those kinds of returns.

This is the same "method" people use on twitter to pnd. Have noobs follow their calls, in turn creating opportunities for them to exit or re enter in profit as people blindly buy and sell on their beck and call... The avalanche effect.

This Twitter problem will not appear here as the user can see the amount of the coins in every order, and also he can see if many traders for example bought the same coin with big amounts that certainly mean this coin have some potential and he should buy also.

The problem we're trying to solve with bitpick is "novice traders have no technical skills, make wrong decisions, and lose their coins"
But we're not the first solution, traders are trying to solve this problem using Twitter as you said, but the problem with twitter is that no one really know if those "experts" give a true advice or just claim or want to dump/pump specific coin, and no one know even know if they real experts make real profits or just claim also !

So we're trying to solve this by connecting experts with novice traders in a trusted way, in a model every one wins, the expert will get paid monthly subscriptions from traders who want to follow his trades, and novice traders will get a trusted trading decision from someone they can see his trading history and assure if he is a real expert make high profits or just claim.
newbie
Activity: 12
Merit: 0
so basically pump and dump all day every day?
Sorry for the late reply.
If you mean that when an expert trader made an order, his followers will make the same order which will cause the coin to pump or dump quickly, This is how profits made, from these pumps and dumps of coins. But the difference here is that with bitpick now those followers (novice traders) can make profits from these pumps/dumps as they can know when they should make a buy or a sell order, instead of lost their coins ( like ADAM Wink ) on every pump/dump.
Please let me know if i misunderstood your question.
legendary
Activity: 1050
Merit: 1000
I made... 500%+ this month.. Are your traders making 100% daily returns?
I don't see anything special unless they are making those kinds of returns.

This is the same "method" people use on twitter to pnd. Have noobs follow their calls, in turn creating opportunities for them to exit or re enter in profit as people blindly buy and sell on their beck and call... The avalanche effect.
hero member
Activity: 779
Merit: 500
so basically pump and dump all day every day?
newbie
Activity: 12
Merit: 0
Nice graphics.

Bitclub Network is a scam! I hope no one falls for this ponzi and seconds old pimping!
Hi miningteam23, bitpick is not a scam, and we aren't part of any other networks, We're developing a service that ( we hope ) will help novice traders to make more profits and don't get cheated by scam coins, FUDers, or TO THE MOONers, as traders will have the ability to see real trades from real expert traders.
Something like that:
RJX
legendary
Activity: 1078
Merit: 1003
full member
Activity: 176
Merit: 100
Nice graphics.

Bitclub Network is a scam! I hope no one falls for this ponzi and seconds old pimping!
newbie
Activity: 12
Merit: 0

We added two new updates to the invitation page:
1- "Try With Fake API" button, to show you how we analyze your trading data to determine if you're an expert or a novice trader.
2- You can share your invitation link directly now without a need to provide us with your API key.

newbie
Activity: 12
Merit: 0
seems like etoro ?
Sort of, but etoro doesn't provide Cryptocoins, and as i know it allows you only to follow traders from their trading network, but we will allow traders to follow any experts who trade on any exchange, and users will get notified when this expert opened a new trade on any of his exchange.
etoro also shows you the trading performance of traders who trade on their web trader network, but we will let you check the trading performance for the expert from all of his exchanges, not specific ones, so before following an expert you will be sure he is a real expert making real profits.
We're working on analysis engine which will be able to analyze the trading performance ( in detail ) of any trader from any exchange ( the trader should provide a readonly access APIs for this exchange first ), there's an initial version of it now for bittrex exchange, any one can try now at https://bitpick.io/

Example of an expert page:

newbie
Activity: 12
Merit: 0
Adam looks a lot like Hitler

+1 I just wanna type the same, you was faster...

Hitler! No of course we didn't mean that Cheesy, why may Hitler want to trade Crypto Cheesy, I think the designer just watched some documentaries about second world war Smiley , don't worry, I'll ensure that there will be no other "Hitlers" in our designs again Smiley
newbie
Activity: 12
Merit: 0
wait...you need my API keys ? for what reason Huh
no thank you, ill skip it
To analyze your account and specify if you're an expert others can follow or not. and all we need is a readonly access which you can revoke anytime.
And for experts who want others to follow their trades, we will use it to notify their followers with their trades, those followers will pay the expert a monthly subscription to see his trades notifications.
And that will help us also to suggest you the right experts to follow, who trade in the same coins you have.
hero member
Activity: 672
Merit: 500
wait...you need my API keys ? for what reason Huh
no thank you, ill skip it
legendary
Activity: 1050
Merit: 1000
Like forex this won't work.

Add to that, that slippage is way higher with cryptos.

But nice way to let newbs lose their coins.
We're talking about instant decision which you can make at the same time and the same price as the expert you follow did, not after the price changed, so you will make a right profitable decision if this expert is really know what he do and want to make his followers make money and increased (so he also will make more profits from subscriptions).

We see traders now trying to solve the lake of experience problem using twitter, following some people who say they're making profits and start give people advices to buy/sell, and no one really know if they give a true advice or just claim or want to dump/pump specific coin.

So we're trying to solve this by connecting experts with novice traders in a trusted way, in a model every one wins, the expert will get paid monthly subscriptions from traders who want to follow his trades, and novice traders will get a trusted trading decision from someone they can see his trading history and assure if he is a real expert make high profits or just claim.

And your feedback is very useful for us, please let us know why you think newbs will lose their coins ?

 

Spelling mistakes in your presentation shows your lack of ability. For real
newbie
Activity: 12
Merit: 0
Like forex this won't work.

Add to that, that slippage is way higher with cryptos.

But nice way to let newbs lose their coins.
We're talking about instant decision which you can make at the same time and the same price as the expert you follow did, not after the price changed, so you will make a right profitable decision if this expert is really know what he do and want to make his followers make money and increased (so he also will make more profits from subscriptions).

We see traders now trying to solve the lake of experience problem using twitter, following some people who say they're making profits and start give people advices to buy/sell, and no one really know if they give a true advice or just claim or want to dump/pump specific coin.

So we're trying to solve this by connecting experts with novice traders in a trusted way, in a model every one wins, the expert will get paid monthly subscriptions from traders who want to follow his trades, and novice traders will get a trusted trading decision from someone they can see his trading history and assure if he is a real expert make high profits or just claim.

And your feedback is very useful for us, please let us know why you think newbs will lose their coins ?

 
sr. member
Activity: 286
Merit: 250
sr. member
Activity: 435
Merit: 250
Graphic is interesting. Nice
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