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Topic: https://bitdaytrade.com Bitcoin Gold & Commodities margin trading (Read 19564 times)

full member
Activity: 198
Merit: 100
hero member
Activity: 686
Merit: 500
Wat
hero member
Activity: 602
Merit: 500
Please refund my bitcoins now, or at least reply to my emails...

I second that...


Incidentally, are you whatching the discussion on the other thread (the GLBSE thread)?

Meni stated that he wants to discuss the situation with Nefario when he meets him at the Bitcoin conference
hero member
Activity: 486
Merit: 500
Please refund my bitcoins now, or at least reply to my emails...
full member
Activity: 198
Merit: 100
hero member
Activity: 486
Merit: 500
Can anyone confirm they got there deposit back?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
hero member
Activity: 700
Merit: 500
Any updates on bitdaytrade.com?

I still waiting that reimburse me my deposit made to test this nonsense(shit) platform


Yes, that would be nice.
legendary
Activity: 1022
Merit: 1000
Any updates on bitdaytrade.com?

I still waiting that reimburse me my deposit made to test this nonsense(shit) platform
hero member
Activity: 486
Merit: 500
Any updates on bitdaytrade.com?
legendary
Activity: 826
Merit: 1001
rippleFanatic
The people on reddit who are claiming 4k was stolen are all sockpuppets smearing FUD.  It looks to me like the other Kronos guys who share responsibility for being hacked are trying to push all of the blame onto Alberto to make themselves look less guilty.

Im starting to agree with this.

The linked pastie and JRO's post confirms thousands of BTC were stolen from Kronos' mtgox account (nowhere clearly stated exactly how much). Charlie of BitInstant confirms that Alberto is jjfarren aka bitscalper, an estimated 1000 BTC scam.


Not even surprised. Expect anything from this site.

They claim to hedge trades on instaforex, but that's a lie since instaforex doesn't provide an API for their customers. Its a crude bucket shop.

Take it lightly, as said, we're in beta and some issues are still being worked out, moreover we're adding bitcoin margin trading to the offer, with realtime hedging on mtgox. As per Instaforex, they do provide an API, and it's used for gold quotes, for actual hedging we use a custom tool developed to work with our preferred trading platform.

I don't believe that bitdaytrade hedged any gold trades, maybe Alberto did some manually but certainly not automatically. I don't think he has the skill to create a "custom tool" that actually hedges gold trades (he claimed to use Instaforex, then backpedaled and claimed trades are hedged on a "preferred trading platform"). Who knows whether bitcoin trades are hedged on mtgox.

I suspect that Alberto creates crude (buggy and insecure) front-end scam-sites, which don't function as advertised. If anyone who has the bitscalper code (from here MiningBuddy, Chaang Noi (Goat), teek) will share it with me, I'd like to take a look at its arbitrage capabilities. Even though MNW said that Alberto had someone else write the bitscalper arbitrage bot (who?), to whatever extent it had one. (I'm late to the bitscalper threads, didn't follow them at the time).


hero member
Activity: 686
Merit: 500
Wat
According to the text you couldn't effort to read, in this particular case no funds were lost, only the operation of the service was disrupted

Says otherwise on reddit. But I'll leave it to the incompetent guys to figure out.

The people on reddit who are claiming 4k was stolen are all sockpuppets smearing FUD.  It looks to me like the other Kronos guys who share responsibility for being hacked are trying to push all of the blame onto Alberto to make themselves look less guilty.

Alberto did just come up with 4kbtc for Meni https://bitcointalksearch.org/topic/m.1114170

hero member
Activity: 686
Merit: 500
Wat
According to the text you couldn't effort to read, in this particular case no funds were lost, only the operation of the service was disrupted

Says otherwise on reddit. But I'll leave it to the incompetent guys to figure out.

The people on reddit who are claiming 4k was stolen are all sockpuppets smearing FUD.  It looks to me like the other Kronos guys who share responsibility for being hacked are trying to push all of the blame onto Alberto to make themselves look less guilty.

Im starting to agree with this.
sr. member
Activity: 308
Merit: 250
According to the text you couldn't effort to read, in this particular case no funds were lost, only the operation of the service was disrupted

Says otherwise on reddit. But I'll leave it to the incompetent guys to figure out.

The people on reddit who are claiming 4k was stolen are all sockpuppets smearing FUD.  It looks to me like the other Kronos guys who share responsibility for being hacked are trying to push all of the blame onto Alberto to make themselves look less guilty.
hero member
Activity: 868
Merit: 1000
According to the text you couldn't effort to read, in this particular case no funds were lost, only the operation of the service was disrupted

Says otherwise on reddit. But I'll leave it to the incompetent guys to figure out.
hero member
Activity: 602
Merit: 500
[...snip... blah blah blah]

1. Lear to use paragraphs when posting.
2. You didn't do your homework, and is now suffering from it.

As a general comment. ....  [blah blah blah]

I don't have the time or the energy to follow this particular case closely, but I understand 4K BTC was already lost ? ...


As a general comment
1. switch on your brain before you have "opinions"
2. stop guessing and read the information right below your nose


According to the text you couldn't effort to read, in this particular case no funds were lost, only the operation of the service was disrupted
hero member
Activity: 868
Merit: 1000
My name is Alberto Armandi, i was born in Italy, 19/09/1983. I'm an internet entrepreneur who got caught in the Bitcoin phenomena about one and a half year ago.

[...snip... blah blah blah]

1. Lear to use paragraphs when posting.
2. You didn't do your homework, and is now suffering from it.

As a general comment. If someone creates a service that's supposed to keep a lot of client funds, then security is vitally important. If the developer or team is unable to secure the site themselves, then it's better to pay someone that has the competence to do so, than to suffer a huge loss.

I don't have the time or the energy to follow this particular case closely, but I understand 4K BTC was already lost ? That amounts to 59K USD at the moment. How much would a code and security review by some professional cost ? Perhaps a few K's ?

Let this be a warning to all future bitcoin enterprises.

member
Activity: 67
Merit: 130
Are you going to refund those 3,000 BTC stolen with bitscalper?
hero member
Activity: 602
Merit: 500
Not even one bitcoin was withdrawn from Bitdaytrade.com under today's attacks, and all funds are safe. Server will be kept offline for further investigation, and gathering of evidences to be presented upon
filing a criminal deposition with all the legal authorities i am/will be able to. Stay tuned for developments.
I'm deeply sorry and i publicly apologize to everyone for the mistakes i made in this mess but it will be sorted out and in a elegant way.

This leaves us people testing / evaluating this new service with the hope that this incident will be handled professionally --

It would be desirable that restoring the site or shutting it down as a task should be kept separate from the resolution of this business related controversy between Jonathan Ryan Owens and Alberto Armandi.


In hindsight, what turned Bitcoinica into a real debacle was the lack of professionalism in handling the initial incidents

Thus may I please urge all participants to "hold on their breath" and act rationally
  • to the operators of the Site: please keep us informed
  • to the business partners or opponents: please don't settle your dispute in public
  • to the community: please don't start conjuring conspiracy theories.
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