Author

Topic: Excited to see some new EASY trading BOTS (Read 1071 times)

newbie
Activity: 33
Merit: 0
March 16, 2014, 10:28:31 AM
#15
Giving full access to a untrusted bot is same like giving your wallet to a stranger to "take care of it".
you can probably guess that the funds will be gone in seconds
legendary
Activity: 1988
Merit: 1008
some personal remarks on the use of trading bots:

If you don't have access to the sources make at least sure you run it in a safe environment (e.g. VirtualBox, kvm, vmware), generate a new trading key and revoke any withdrawal privileges from that key.
Or even setup a new trading account for the bot entirely. And as always: don't risk more funds as you are willing to loose. 

(Disclaimer: I also develop/sell algo trading software, so expect my opinion to be a bit biased Wink
hero member
Activity: 667
Merit: 500
The website for this product made me think I was having a stroke.

Also there are links selling 2 and 4 terrahash ASIC miners with photographs of what appears to be the case of a gaming PC.

Absolutely terrifying.
full member
Activity: 168
Merit: 100
Quote
I am not the DEV but I am promoting the software because I have done well with it.

All I just said you were promoting under a false pretense. I didn't mention anything about you being the developer.  Isn't it weird the product you are promoting links to YOUR website?


Then I did some research on you.........


OP...you are nothing but a full time scammer.  All you do is post for donations for "flags in space" and "Bitcoin Landmarks".  After reading your threads it looks like I am not the only one that has this opinion!

https://bitcointalksearch.org/topic/m.5121873

https://bitcointalksearch.org/topic/m.4850878

https://bitcointalksearch.org/topic/m.4863027

https://bitcointalksearch.org/topic/m.5066723

(A lot more posted about OP....just didn't want to repost every last one.)


I recommend everyone stay away from this joker.  Read his profile to get a better picture of who he is.


Good for you . you can see my post . Looks like some hard research . How long did it take you ha ha ha ha  Cheesy
member
Activity: 82
Merit: 10

totally understand and scary. I just keep enough in the exchange that if i lose it . It would be no big deal. kinda like gambling. I only gamble with money i can afford to lose
[/quote]

Yeah, I'm quite the same. I don't understand how people can spend really big money on gambling, moreover using bots for it.
sr. member
Activity: 318
Merit: 250
Theres no bots  Smiley
hero member
Activity: 854
Merit: 1000
Quote
I am not the DEV but I am promoting the software because I have done well with it.

All I said is you were promoting under a false pretense. I didn't mention anything about you being the developer.  Isn't it weird the product you are promoting links to YOUR website?


Then I did some research on you.........


OP...you are nothing but a full time scammer.  All you do is post for donations for "flags in space" and "Bitcoin Landmarks".  After reading your threads it looks like I am not the only one that has this opinion!

https://bitcointalksearch.org/topic/m.5121873

https://bitcointalksearch.org/topic/m.4850878

https://bitcointalksearch.org/topic/m.4863027

https://bitcointalksearch.org/topic/m.5066723

(A lot more posted about OP....just didn't want to repost every last one.)


I recommend everyone stay away from this joker.  Read his profile to get a better picture of who he is.

hero member
Activity: 812
Merit: 1000
Litecoin Association Director
Source code please
full member
Activity: 168
Merit: 100
A little self promotion?  Why don't you disclose that instead of a shady post saying you woke up with profits form "this bot"?  Anyone can see you have the same nickname as the website you are trying to promote.

Btw, are you releasing the source code?  If not, I recommend everyone stay away from closed source code.  No reason to give someone your credentials to money you have on an exchange.
I am not the DEV but I am promoting the software because I have done well with it.
hero member
Activity: 854
Merit: 1000
A little self promotion?  Why don't you disclose that instead of a shady post saying you woke up with profits from "this bot"?  Anyone can see you have the same nickname as the website you are trying to promote.

Btw, are you releasing the source code?  If not, I recommend everyone stay away from closed source code.  No reason to give someone your credentials to money you have on an exchange.
full member
Activity: 168
Merit: 100
You forgot the disclaimer:

Never install a trading bot that is not open source or from a trusted party:

A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.

Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
if the software was sketchy could you tell once you had ? Like how would one know if it was safe?

That's the point with trading software / platforms you don't know. I have no reason to distrust OP, I'm just telling you guys to be very careful with giving your exchange log-on details to someone’s software.



totally understand and scary. I just keep enough in the exchange that if i lose it . It would be no big deal. kinda like gambling. I only gamble with money i can afford to lose
sr. member
Activity: 504
Merit: 250
You forgot the disclaimer:

Never install a trading bot that is not open source or from a trusted party:

A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.

Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
if the software was sketchy could you tell once you had ? Like how would one know if it was safe?

That's the point with trading software / platforms you don't know. I have no reason to distrust OP, I'm just telling you guys to be very careful with giving your exchange log-on details to someone’s software.

full member
Activity: 168
Merit: 100
You forgot the disclaimer:

Never install a trading bot that is not open source or from a trusted party:

A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.

Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
if the software was sketchy could you tell once you had ? Like how would one know if it was safe?
sr. member
Activity: 504
Merit: 250
You forgot the disclaimer:

Never install a trading bot that is not open source or from a trusted party:

A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.

Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
full member
Activity: 168
Merit: 100
Woke up this morning with some nice Profits from this BOT. Super easy to get set up and just leave it alone . let it do its thing.

Video: http://www.youtube.com/watch?v=2at6ZzRIIhc

More info: http://www.bitcoinsniper.com/trading-bots/
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