I closely monitored the price of silver on secondstrade in comparison to a popular binary options platform and the prices always moved in tandem with never more than a 1 cent difference. I saw very similar results for currencies.
In any case, if you catch a significant discrepancy which you believe evidences manipulation, then any good broker will gladly refund your investment. Secondstrade appears to be a good broker because they are willing to risk money for their 195% promotion. I wish I could say the same about all binary option brokers!
Today, a broker called me to walk through a demo of a popular binary options platform; they did manipulate the data to show that I was winning certain trades when it was clearly impossible. I was shocked! In my experience, it is important to watch out for manipulation in a demo format, but manipulation in a real trade, if discovered, will certainly destroy the broker's reputation, so it is unlikely that you will find it.
Hence, if you have an allegation of manipulation, it is your responsibility to prove it. A broker who is manipulating a data feed is not doing him/herself any favors at all, especially when the maximum bet is a mere $40 at present rates.A trader who discovers manipulation could easily take advantage of it, and also ruin the broker's reputation.
By the way, all the major bitcoin exchange prices can be found in one place here:http://bfxdata.com/This page might give more accurate results, especially at night when the market is slow.
No offense, but you have a -8 rating on bitcointalk and for all we know you could be the owner of the site.
If your sources are legit you will get murdered today with 195% payouts in the binary option world.
no, we do not think like that.
we want only to know what payback is reasonable with this event.
we think that the current 170%-175% payback of other sites is too low and is unfair.
of course, as you say, we may lose.
in case of this, we will consider that as advertising cost.
we will tried to find what payback is reasonable in binary option game constantly.
and our sources are very legit.
as you are concerned, we lost a bitcoin for the weekend.
but we obtain advertising effect and can think about a reasonable reward
we hope that more people have a more interest for our site.
thank you.
I doubt it. As I stated until you open up your algorithms and can prove the price you have on your site is made a certain way no one knows that your not just making the price up. I offered to help you but you just went quite.
I published formula. i don't know that you need to our source code to auto adjust yuan exchange rate. we are try to find the website that give API of the rate .
source code just is what we are program the formula.
if you want to publish even the source code, we discuss with staffs.
I had asked to just see the source code for the formula so I could program in the auto adjusting yuan exchange rate and then post publicly and clearly how your formula works. What you have posted is far from clear so far.
EDIT: also I took the liberty of running the posted formula and the number I get is not the number you have published on your site.
above is showing that we compared to bitcoinWisdom and our data.
our formula is (bitstamp+bitfinex+(2/6.13)*huobi) / 4
bitcoinwisdom data : bitstamp = 396.99, bitfinex= 398, huobi = 2409
(396.99 + 398 + 2409 *2/6.13) / 4 =
395.2401590538336.our data = 394.93. (it is rounded third decimal position)
so, these data is not equal.
but this difference is reasonable and there is such a difference at the other sites, too.
i have tested the other site right now.which is because a way that each sites get from each exchanges is different.
we think that public API given each exchanges may be different with those of bitcoinwisdom and time interval getting data from exchanges may be different and etc.
say again, we are not manipulate. and we need not to manipulate.if we want to make the money, we have only to raise the rewards. but we have not
our rewards is higher than other sites.
we want only to find the reasonable rewards rate.
No offense, but saying that the slight difference is okay doesnt mean it really is okay. Since there is a difference clearly you arent updating your feeds as much as you should be.
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bl4kjaguar is not our member. if he is our member, i can't write on this topic.
he has an excellent command of English , but i am not
we are not a native of English. if he is our member , why i write on this topic ? he better than me in English skill.
if you compare his sentence with my sentence on this topic history, you will know.
he also doubt us like you at first. he thought that our silver data was strange.
after we know him the site that can compare to our data, i think that he may be changed.
and then he corrected our site's notice and etc for free. that is all.
which is also on this topic history.
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i hope that you know me what is unclear
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