Topic: Flag - "CryptoSparks" - page 4. (Read 1742 times)

You know right that words are important and have different meanings? ( as in the api key vs private key odyssey  )
One thing is a bankroll, another is the total funds in management.
You would get that if you could understand that in my business, each client has his own bankroll, has his own bitmex account and that the bot can only create and cancel trading orders.

There is your chart literally two posts above yours. It says "ARAKNE's Bankroll in BTC" and shows 800. Are you gonna try splitting hairs about "bankroll" and "management" and shit like that?

I had open fights with you guys above backtest importance and now it turns out i never said graphs are backtest ?
Short memory uh ?
Nice try.





Where is written that Arakne has 800 btc in management ? please link to me.

Download stats file of graphs and is clearly stated is backtest.

There are pages of fight about backtest accuracy.

And now you are falling off the trees..  

( btw i think ducks are hungry, you should take care of that, or maybe you can find a building site that you can complain about)





The backtest is made with big capitals to see the limits of the strategy, and up to 800 BTC , with 2-10 BLN USD DAILY VOLUME on bitmex there's no problem so far.
I could start talking about why slippage and fills are not an issue for market makers, but you would have no idea what i'm talking about it.

So you're lying when you're saying that you have an 800 BTC bankroll. You don't mention backtests anywhere in that propaganda post with charts, you're just saying it's your bankroll.

Yup, correct, i'm not an hedge fund. I'm a crazy guy that brings professional automated algo trading to the mass. Who are you btw ?

Everything you write after that is wrong:

First my commission is 30%, second, i've already explained to you that graphs are generated by the backtest engine. Remember when you exposed your ignorance on the importance of backtesting?
The backtest can be done with any initial bankroll, i've set it to 100 BTC because i use the trade history file to show to big potential partners how Arakne can manage big capitals and their exponential growth.
If you are interested on the funds currently managed by Arakne, is a little above 60k usd- but don't worry, is growing fast

And you are absolutely right, i don't need this forum. I just don't tolerate ignorance and hypocrisy

Oh you guys are so easy to roast that i'm almost losing interest.

How hard can it be to understand that in trading you always need to think in terms of % ? Find me another hedge fund that can keep a +35% per month with 97% win rate over at least 2 years and in the most manipulated market in existence.

How hard can it be to understand that the account i'm showing is not my personal account and is there only to give evidences that the bot is legit? Anyone can access it by linking the following API KEY to portfolio trackers like
https://www.coinmarketman.com:

ID:
SECRET:


How hard can it be to understand that every client of mine has and controls his own private bitmex account and that i'm not entitled to display them ?


How hard can it be to understand that they only give me API KEYS with trading privileges only and the bots connect to their bitmex safely ?


I guess, for some retarded people, pretty hard.

 

Wait, you mean he doesn't have 800 BTC? Or even the 5 BTC "cap"? I be shocked. Next you're gonna tell me he's not actually been doing it since January.


Edited 2020-11-30 to fix a broken image

Just because you claim one deployment of your bot managed to rake in a whopping $22.50 over the last 2 months and 9 days it doesn't make you trustworthy, especially given your previous claims. Sorry to burst your bubble kid. Perhaps consider marketing your bot elsewhere.

Just an interesting update:


Arakne is still 100% win rate with 75 wins and +34% since this war started..

while more and more people fall for your miserable spams all over the forum of gambling platforms



 

YOSHIE , CryptopreneurBrainboss , examplens , morvillz7z , Coolcryptovator , DireWolfM14 , Theb , JeromeTash , nutildah and friends:

SHAME. SHAME OF YOU.
PRETENDING TO CARE ABOUT OTHERS, WHILE YOU CARE ONLY OF EATING YOUR SIGNATURE BOUNTY.

YOU ARE DISGUSTING.

I hope Karma exists and you will live the rest of your pathetic lives with 50$ per week.

This is the majority of my objection with these kind of "proactive" (arbitrary) flags. If there are not victims coming forth, then you better have DAMNED GOOD evidence to support your accusations. Just whole sale burning peoples reputations assembly line style is extremely corrosive to this community whether people realize it or not. Unfortunately people don't really understand until they have been on the receiving end of it. I am sure it makes the accusers feel like they accomplished something, and it is a good excuse to raise their own profile and signature spam arguing about it, but it is at the cost of driving out legitimate users, most of which who leave and never return while giving real cons cover, and they simply come back on a new account seconds later anyway.

Now I can already hear the autistic screeching replies "So you think we should let people be robbed before we do anything?!" No. By all means, start a discussion and raise attention to users you find suspect if you think it is necessary. What is not acceptable is burning peoples hard earned reputations in a sea of con-artists because you want to reassure yourself of your super scambuster status. I hate to break it to you, people who are getting conned will continue to get conned, no matter how many reputations you preemptively burn down right or wrong. Preemptively flagging people is like throwing out all the bread in a food kitchen for the homeless because bread often gets moldy.

Stop playing blind whack-a-mole with people's hard earned reputations. It is tremendously difficult to build a reputation where random people over the internet who don't know you will trust you with money in this sea of fraud. Have some respect for that. No one is going to put any effort into building a community that doesn't respect that because building a reputation here is very difficult and time consuming. People aren't going to make that investment of time and effort if it can be arbitrarily stripped from them at any moment.

I do agree that the internet is full of scams and ponzi based on bots, full of really bad bots (open-source and for sale) but i honestly think is not very fair to attack any similar service just because there are a lot of bad apples in the basket. We provided all kind of evidence possibly available that we are not only legit but profitable ( both real trading and long term backtest). Not many trading services utilize our business model. Most of them charge a fixed fee not based on profits or want the users to deposit on their platform instead of directly on the exchange. I wasted so much time replying to every accusation and debunking them with knowledge, facts and reputable sources. All our threads are NOT SELF MODERATED.

We even started with 100% win rate, can't imagine the attacks if we would have got even a single loss.  

Please tell me what we could have made more to prove we are legit ? Because i honestly don't know.

You are talking about ranks, maybe i should have bought a legendary member account ?

Can you see how the current system is being abused and even the legit people are driven in breaking the rules?

I love it when people think I give a shit if they put me on ignore. All you are doing is saving me time arguing with you. Thanks for proving you have nothing valid to respond with.

So your argument is even though he may very well be perfectly legitimate, statistically speaking he is a fraud? What kind of wonderful governments practiced collective punishment throughout history? What kind of freedom did people subject to those systems end up having? The flag requires "concrete red flags", not a standard of "well we guess he is a con because a lot of cons exploit this business model, so burn his reputation because statistically the odds are we are right".

If we were to ignore the 5 btc loan request then that is true, you can't withdrawal your client's funds on bitmex, but you can make it disappear in a few bad trades, so technically thier BTC is at risk, it does not matter if you withdrawal it or lose it.

You could very well be legit and not willing to get rich by risking people's money but unfortunately most bot's creator are scammers who go by the rule " if the bot wins, i win, if the bot loses, who cares ?" - so you should not be surprised that people will tag for you this, think of ICOs, there are probably plenty of legit once out there, but what are the chances?   

Your reputation and rank matter too, you are not even in a position to trade 50$ worth of btc without escrow, let alone 5 btc loan.

I am not trying to be mean, I just don't want you to feel bad, nothing personal here, we just learned from experience that promises like yours are usually never kept , and people have lost millions of dollars trusting random people with random trading bots, we are only trying to protect the newbies by being extra conservative, some innocent users could be victims to that, but that is life !.

I will stand until death to my definitions:

A Bitmex API KEY with withdraw privileges could act as a Bitcoin Private Key in controlling the funds, as long you have access to the email for withdraw confirmation and as long as the Api Key remains enabled.

An API KEY could instead totally act as a Bitcoin Private Key, since is a tool that shapes around the service that generates it. if the service is a simple bridge to a previously set private key, you can interact with it via an API KEY. The result? your api key would be private key.

I've made you this gift, didn't even appreciated it  
[FULL GUIDE] API KEY - WHAT is it , WHY you need it and HOW to create one



Anyone that is not driven by any personal interest in this matter can understand by the feedbacks that trolls didn't take the care to even read our ANN THREAD.

NO BTC ARE EVER SENT TO US, WE CAN ACCESS THE CLIENTS' BITMEX ACCOUNTS VIA PUBLIC API KEY WITH ONLY TRADING PRIVILEGES

You got in this mess because of superficiality as for your own admission in META. You are worst than the other trolls because after that first step in the right decision, went straight back in full fud mode when i told you i would have not delete my feedback.




You are in a never ending loop because tried to attack at 360 degrees a bulletproof businessmodel and failed.

Have a pathetic life.

Quit with the fucking lies already, it's cringy. The loan request and your "risk-free" assertion based on the ridiculous statement that an API key can act as a Bitcoin private key is THE reason why I red-trusted you and I made that quite clear. I asked you like a dozen times if that's really what you're claiming until I had no doubt about it.

If this is your arbitrary standard, then you best get to work tagging every single gambling, betting, casino,and ponzi among others. Of course you don't do that you just arbitrarily pick people to enforce these subjective standards upon. The flags are there to help prevent fraud, not to prevent people from taking risks.



What guarantees you will wake up tomorrow? Again, you are enforcing a standard of guilty until proven innocent. If people want to trust random people on the internet to trade for them that is their prerogative regardless of how unappealing you personally find the offer.



But everyone should trust your assumptions as being 100% true?



He is at least presenting SOME evidence to support his position, you on the other hand are exaggerating and lying in order to justify your arbitrary inquisitions.



Now every single trade needs to be a winner in order for this bot to be profitable? Have you ever even traded manually let alone using a bot?


Are you sure you are not reading the log in reverse?



This same standard could literally be applied to literally any tradings service. If people can decide for themselves who the fuck are you running around trying to tell people they shouldn't trade with him by plastering his reputation with arbitrary tags?


Thanks for proving you are a moron with no trading experience mindrust. Maybe leave the criticism to people who have experience with what they are talking about. No you aren't saying it is impossible to profit using a trading bot,you are just saying it is impossible your accusations and suspicions based on nothing are wrong.


Is that anything like your an idiotic, overly dramatic and non-applicable comparison of this legitimate but potentially (maybe) risky service to fraud? You aren't just warning people, just creating a thread would be just warning people. You and your cult buddies are arbitrating who does and does not get to have a reputation based on your suspicions alone.

No, its evidence that anyone dealing with you as at high risk of losing money.


Another lie, unless you're saying they directly pay the VPS provider $10. Is that what's happening? Besides, why do you need to collect $10 from each client? Shouldn't the total VPS pool from all clients be about $10 for 1 month?


If you don't ask for $10 or a 30% cut of supposed profits for the first month, then yes, your 1 month free trial is indeed free.


No, its not. And you have no proof of this. Your "backtest data" is garbage as far as the real world is concerned.


I understand you think everybody should take your word as 100% true.


Again, I understand you think everybody should be taking your word at face value, which is hard to do given that you have a propensity to lie and exaggerate.


Another lie. Granted you have at least 2 clients a month, you are profiting by collecting your VPN fees.


OMG. You are unable to admit your record has losing trades, despite the evidence being clearly there.


If its a "winning trade" then why does it yield a negative return?


There's a clear difference between "a profit" and "constant profits." You don't even know that you can generate constant profits. Whatever works for you this month might not even work the next. Like I told you, you can point to your backtest data all you want and people can decide for themselves if they want to trust your word or not. Regardless, it comes down to a matter of trust, and absolutely nothing more.


Again, clearly not the same thing as saying "impossible."


This is an idiotic, overly dramatic and non-applicable comparison. Nobody put you in prison, jackass. We're just trying to warn others that you are exhibiting untrustworthy behavior that has more in common with scammers than people offering legitimate services.

I'm thoroughly bored now of you arguing in circles with me and am not giving you any more free exposure.

Have a terrific day.

So those are concrete evidence of us being scammers? Are you serious ?  


I'm not throwing big numbers ( 500% in 20 months is not even that big).

You don't understand why backtest matters because your jobs is not related to algorithmic trading.



Can you force yourself to understand that since we EARN ONLY ON PROFITS COMMISSION we have absolutely no interest in faking data and providing a fraud product ?

We can keep fighting about the 100% win rate definition as much you want. that doesn't change the fact that is 100%. I will copy my previous replies for who didn't catch it:




Note that the negative PNLs of 0.0001 mBTC ( 0.001$ loss) are created by instant 1 contracts trades necessary to escape a bug in the bitmex websocket's position endpoint. After several days without trades, the position value restores and the endpoint returns error when trying to access it. This causes the bots to crash. What's the solution until bitmex fixes the problem? Make instant 1 contract trades to unlock the endpoint. That 0.001$ loss is the fee paid as taker(necessary to close the "unlock trade" in less than 1 second) and the mathematical loss that come from the 0.5$ of spread between the ask and the bid.










I wish was that easy, no matter how many times and in how many different ways i prove we are legit.... they will never accept that they were wrong in the first place.






Imagine someone, unfortunately, kills suchmoon. Police come and take you from your home, exposing you at family, co-workers, and media as the bloody spineless murderer.

Even if you have a bulletproof alibi and there are no evidence that you have beaten suchmoon to death, the jury sends you to prison with a sentence:

"Meanwhile go to prison, if we catch the real murderer we will get you out of there don't worry."


This is what all the CryptoSparks' hunt looks like.