Topic: CryptoSparks is a liar and misrepresents his data (Read 431 times)

1. that's not part of the trading strategy.

He states on his advert - $100 max to start and $10 VPS fee

based on that, adding in your returns it is a loss making venture not a 794% ROI investment

Facts based on his advert and your returns.

$100 invested. or 0.0102BTC


0.0009BTC profit - we all agree on that - at the moment = $6.53 (using USD as its simpler for retards like the OP and mgtech to understand)

$6.53 *.7 (his fee of 30%) - $4.57

so that is a 4.57% return in 1 month - on the face of it amazing - but lets dig deeper..
Post 1 states that everyone must take a $10 VPS (also please check the title +794% ROI!!!)
https://bitcointalksearch.org/topic/m.52370123

so $4.57 - $10 (VPS FEE) = -$5.43
******

you read that right folks - negative $5.43 or -5.43% from the initial $100 invested - now correct me if I am wrong here but $100 taking away the loss -$5.43 = $94.57

$100 principle, following all the rules that the bot maker asks you to follow gives you a new figure of $94.57 after 30 days!

how am I wrong here? this is for new clients, not those who have asked to not pay a VPS fee as a special privilege

Don't forget to add this link for automatic flag support in OP:
https://bitcointalk.org/index.php?action=trust;flag=752;support

un-ignored due to others quoting you.

1) I have been calling out sparks as a skammer for 792% roi and a guarnateed 5% per month return on another thread.
2) I did not raise a flag you piece of shit, use comprehension and actually read instead of making baseless accusations
3) you are still a Pajeet cunt who has no idea of facts.  
4) back on ignore you punk

The flag is supported by you and Lauda, how is this a baseless assumption? He is stating facts.

1. cryptosparks points out tman is nothing other than a foul mouthed imbecile who's posts have no value
2. Immediately tman raises a flag against him

Just keep on making baseless assumptions then. ¯\_(ツ)_/¯

3. I'm not even going to have to look to guess lauda and yogg are supporting it. haha

zzzzzzzz

so why are you lying about 794% in this thread? https://bitcointalksearch.org/topic/become-a-market-maker-safe-and-slow-passive-income-roi880api-key-linking-5182103

why do you lie so so easily young boy?

You will see +40.25% since september 2019, day of official launch of Arakne

Anything that promises a fixed guaranteed return of over 5-10% per year is very likely going to be a scam. Data has taught us this much. The specifics of the service don't really matter if the guaranteed offer is ridiculous IMO.

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Anything that promises a fixed guaranteed return of over 5-10% per year is very likely going to be a scam. Data has taught us this much. The specifics of the service don't really matter if the guaranteed offer is ridiculous IMO.

I can barely understand what Cryptosparks is being accused of doing since I don't understand exactly what's being offered in the thread TMAN linked to.  That's because of my own tech-ignorance, and I admit that. 

I would be happy to merit someone who could explain to me in a dumbed-down fashion what the API key thing is, what kind of bot Cryptosparks is offering (I assume it's a trading bot), and whether it even could be legit.  Promising a fixed return like he seems to be doing sets off all sorts of alarms in my head, simply because that's a hallmark of Ponzi schemes.  The merit offer is valid to anyone except OP and Cryptosparks just to keep it fair.

I can barely understand what Cryptosparks is being accused of doing since I don't understand exactly what's being offered in the thread TMAN linked to.  That's because of my own tech-ignorance, and I admit that.  

I would be happy to merit someone who could explain to me in a dumbed-down fashion what the API key thing is, what kind of bot Cryptosparks is offering (I assume it's a trading bot), and whether it even could be legit.  Promising a fixed return like he seems to be doing sets off all sorts of alarms in my head, simply because that's a hallmark of Ponzi schemes.  The merit offer is valid to anyone except OP and Cryptosparks just to keep it fair.

WIKIPEDIA



In very simple words, an API key identifies you on the service platform that generated the key. (instead of using email and password uses the key to log in)
An API key can be anything and do anything, simply because it depends on what kind of API generated it, but usually is used for remote access and data tracking.

Likewise crypto wallets, there are public and private API keys with the difference that API keys are more like tools that adapt based on your needs.
For example, if you want to give access at others to selected data/privileges, you simply need to create a Public API Key which authenticates them to access your account and do nothing more than what you allowed. On the contrary, if you want to give full privileges and access to all data , you would create a Private API Key, which of course should be for your use only.

Another important difference is that API KEYS can be disabled and enabled at will, which is something very handy.



API KEYS IN TRADING:

API Keys are very handy when trading, even if you are still trading in frontend, and know nothing about programming, you should always have a private key enabled and stored securely offline, just in case anything bad happens to the frontend of the exchange and you urgently need to entry/exit a trade or even worst you locked yourself out(2FA rekt)... having the API Key allows you to have a way back in the account via terminal.

Usually exchanges offer the following privileges settings for API Keys:
- Order ( you can create and cancel orders via key)
- Cancel (you can only cancel orders via key)
- ReadOnly ( you can only read unencrypted data, such as balance/trade history/orders/markets data via key but you can't interact with any)
- Withdraw ( you can send a withdrawal request which still needs to be confirmed via email)
- CIDR (useful for ip filtering , read more here)

API KEYS are also commonly used by big Brokers, Hedge Funds and Quant Shops to safely manage their clients' capitals without having direct access to the funds.

_rbjC_vOwJBRupytRPo7nxYI

V8AU7GvMLSry4mpKnKD1Bu8PBuYpLZx88dfn40Nkq1Dm59GE

dumbed-down fashion what the API key thing is

Don't forget to add this link for automatic flag support in OP:
https://bitcointalk.org/index.php?action=trust;flag=752;support

I put 3 BTC in a new bitmex account and let it manage by my weakest bot( Arakne) for 1 month.