Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds - page 176. (Read 276958 times)

Users...not clients.
Users...not investors.
Users...not individuals.
Users...not depositors.

If we are uncomfortable, it "makes little difference to them"?
Hmm...that makes me uncomfortable.

I asked about the similarity to the Poker site in question and how it has made people skittish, here's the response I received:


So, take that for what it's worth. They seem unconcerned with whether people invest with them or not...combined with the fact that they don't advertise, I feel like they're doing what they say they're doing and probably have been, for a while. Having more investors allows them to operate on a larger scale...but they'll probably be doing it, with or without said investors.

For what it's worth, I'm reducing my principal investment but staying in it, to see how it performs over the next month or two...at which point I will probably put more into it, again.

Yup, I also did my withdrew, & it's successful, within 2 hours. But during the process, I was nervous, because I was worried that i might lost my BTC.

Well, this is how I feel, when I did a deposit or withdrawal of BTC at any website


For now, I just leave the min. withdrawal amnt in my investment account. That is the amount I am prepare to lose, it is my profit amnt any way.

Withdrew my investment and profits without problems - but not depositing again, it isn't worth the risk to me.

Even professional HYIPers (those who make money by bailing out of ponzi schemes in time) are blogging about it. That should be another warning sign. For example:

http://ex-admin.com/btc-arbs-com-review/

I have also received my principal as well as a modest 8% return on it, I intend to leave the other 60% gain I have there for the chance of a major upside, or nice bitch story for the forums later. I appreciate all the cyber sleuthing folks have done. I have also done quite a bit of research on a few crumbs to follow, and under all the layers it does look pretty fishy. But for now, they are performing well, and if I inject another investment, like all investments, it is a risk - buyer beware - but this is paying, withdrawing, earning, etc. So far so good.  

There are very common design patterns between that poker scam site and this one, I've been trying to find an HTML/CSS theme out there that shares the comment patterns and naming conventions, and I just don't have a positive hit so far. That is a red flag, if they had more brains they would probably use WP or Drupal to run the reporting/community side, and due to that, I hesitate to continue endorsing or spreading the word. There are red flags, and thanks to the help of NLNICO shedding light on that, I don't think I would have started to roll up my sleeves and investigated further. (I am a software developer, 20 years+ now).

I have enough of a balance that I will certainly be looking every day at its growth, but I sure feel good knowing I have my principal and minor return back!

I wish everyone the best on it!

Definitely, caution is the best policy and don't risk more than you can afford to wave goodbye to. That's a good policy in any kind of investing. I am willing to stick with it and see how they do over the long haul...it's only been a little over a month. Reports like today's make me believe that they actually are doing arbitrage trading, the things they are saying about the market that directly affect their ability to conduct arbitrage are easily confirmable...unlike a poker site where you pretty much just have to take their word for it, how the card games went.

I acknowledge the possibility that it's a scheme, but I also think there's an equal chance it's legitimate. Time will tell, I guess.

Just withdrew my deposits and profits. I did make a return, but at this point there are too many poker ponzi similarities for me to lose my bitcoins! I'd rather take the small loss in arb gains vs losing my BTC entirely. I can confirm I did recieve my entire investment + profits via withdraw about 2hrs after submitting the withdrawal.