Oh well.....
No on the first look, i cannot see anything to much suspicious over there... But it's all in all somewhat strange anyways....
Lets start with the welendbitcoin.com domain:
Why do you need to hide your real data?
If your business is legitimate and legal, there is no real need to hide behind whoisguard or similar services......
But well... What about fees? Your approach looks a bit too optimistic. I have a lendingbot running on my own (and everyone with at least access to a shell and can run some bits of python is able to do so). So, how do you plan to collect your fees and not get ripped of by your customers?
By the way: Yep, on poloniex you can restrict api keys to a specific IP address or IP range and you can forbid Withdraws .. dunno if you can forbid trades at all .. it's a few days since i set it up.
But all in all ..... i'm somewhat clueless how you think this whole thing will work (and why you need to hide behind some - at least a bit - shady registrar services.........
Oh .. and lets not forget, poloniex is racking up a ton of withdraw problems and open support tickets where no one (at poloniex) seems to care about....
But wait.... There is stuff you tell .. which i cannot confirm in the way _you_ tell:
Lets take a more in-depth look:
I don't think that you need bias to answer your question, you can do it yourself.
1. https://bitcointalksearch.org/topic/3m2-bot-lending-poloniex-vps-included-1936362
2. https://bitcointalksearch.org/topic/need-applications-setup-on-awscloud-provider-1835273
Just a little quick search, not so hard to do...
@Condoras You can`t compare Lending as a Service - LaaS ( www.WeLendBitcoin.com ) with semi-final product such as 3M2 lending BOT or Mikadily's lending BOT. Why?
You need technical knowledge to set up Mikadily BOT;
You don’t have detailed statistics about loans in BTC and USD value – Open, Active, Close, Interest in active Loans, Interest in closed loans, average yield, and easy to use lending parameters;
3M2 lending BOT has only two lending parameters (minimum rate and loan size), www.WeLendBitcoin.com service (10 parameters);
You need few hours to start lending with 3M2 lending BOT and Mikadily BOT;
3M2 and Mikadily BOT loan entry is every 3-5 minutes www.WeLendBitcoin.com only 15 sec and etc.
So it is like comparing Ferrari and Russian Lada.
Second thing, if you lend for example 1 BTC - for one year you will earn 0.30 BTC, according to interest in previous year. So, for using 3M2 BOT you will pay 20 x 12 months = 240 USD, and if you use www.WeLendBitcoin.com you will pay 0.30 BTC * 10% fee = 0.03 BTC – free credit (0,001 BTC) = 0.029 BTC * current BTC price (2700 USD) = 78 USD. Please be aware that service is free of charge until November 1, 2017.
Also, with slow BOT such as 3M2 and Mikadily you will not earn 30% per year. www.WeLendBitcoin.com will win on market, because every second is important.
Thanks to high interest rate on Poloniex and www.WeLendBitcoin.com I’ve managed to loan out at 5% interest rate per day
Loans at 5% are still active
Heh ... _LOL_ ... there is so much wrong on what you write...
First, to get Mikadily's lending bot, you just need some linux machine and RTFM. There is nothing magic on getting the actual version from git and editing a config file. Even getting your bot to send you stats via Telegram is nothing special at all..... To get that thingie running, it took about 2 hours.. consisting of:
1 minute git clone.
5 minutes editing the default.cfg file
1 hour and 54 minutes figuring out how telegram bots work for nice notifications.
No shit sherlock...
Detailed stats are steadily aviable with the bot in the latest versins, i put a screenshot of my bot-stats in here.
In the config you can select if you want to have the summary shown in BTC or USD (sadly no euro, and sadly only _one_ option .. but well, if you are able to write some bits of python code, even that should be not a big deal.)
You wrote:
_LOOL_ ... No way dude ... if your bot is polling more often than every 30 seconds, Poloniex will blacklist your IP for at least 120 seconds... Been there, done that. Right now, my bot has 45 seconds active interval, 60 second inactive interval and 45 seconds error wait..... 15 seconds? sorry but _LOL_.
Ok anyways... You tell us, every second is important .. oh yeah it is..... but there is another problem.
Getting 5% interest rates is just a matter of _pure luck_.
At 2017-07-31 06:00 p.m. UTC there was a timeframe where a lot of people just sat on their coins and the interest rates skyrocketed towards the 5% limit. Which is by the way the max interest Poloniex allows.
Just some few hours later, we're back on usual and moderate 0.015% average... (for btc, other coins are way worse..)
So ... to sum it all together .. what you are telling us is just simple and plain FUD and the interest rates you tell the users over here are just nice dreams ... and _far_ from reality..
As i said, been there, done that ... my bot is still running and i show you exactly how it looks........
Good luck anyways ... Greetings from Hamburg, Germany,
hacky
P.s.: The reason why it looks like so massive and huge percentages on the BTC loans is simply, i sat out some loans at the time i mentioned above.... I'm really wondering why the very last loan from that time (having 3.049% interest) is still racking up massive fees... It should be easy for anyone to just pay it back and get a new loan with way better interest rates... But well... i think that might already be a loss (the very first one in 3 months by the way .... i wait, and wonder...... )
No on the first look, i cannot see anything to much suspicious over there... But it's all in all somewhat strange anyways....
Lets start with the welendbitcoin.com domain:
Code:
Domain name: welendbitcoin.com
Registry Domain ID: 2139412875_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2017-07-18T13:49:31.00Z
Creation Date: 2017-07-03T09:02:57.00Z
Registrar Registration Expiration Date: 2018-07-03T09:02:57.00Z
Registrar: NAMECHEAP INC
Registrar IANA ID: 1068
Registrar Abuse Contact Email: [email protected]
Registrar Abuse Contact Phone: +12345
Reseller: NAMECHEAP INC
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: WhoisGuard Protected
Registrant Organization: WhoisGuard, Inc.
Registrant Street: P.O. Box 0823-03411
Registrant City: Panama
Registrant State/Province: Panama
Registrant Postal Code:
Registrant Country: PA
Registrant Phone: +12345
Registrant Phone Ext:
Registrant Fax: +12345
Registrant Fax Ext:
Registrant Email: [email protected]
Registry Admin ID:
Admin Name: WhoisGuard Protected
Admin Organization: WhoisGuard, Inc.
Admin Street: P.O. Box 0823-03411
Admin City: Panama
Admin State/Province: Panama
Admin Postal Code:
Admin Country: PA
Admin Phone: +1234
Admin Phone Ext:
Admin Fax: +1234
Admin Fax Ext:
Admin Email: [email protected]
Registry Tech ID:
Tech Name: WhoisGuard Protected
Tech Organization: WhoisGuard, Inc.
Tech Street: P.O. Box 0823-03411
Tech City: Panama
Tech State/Province: Panama
Tech Postal Code:
Tech Country: PA
Tech Phone: +1234
Tech Phone Ext:
Tech Fax: +1234
Tech Fax Ext:
Tech Email: [email protected]
Name Server: dns1.p04.nsone.net
Name Server: dns2.p04.nsone.net
Name Server: dns3.p04.nsone.net
Name Server: dns4.p04.nsone.net
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of WHOIS database: 2017-08-02T00:56:27.24Z
Why do you need to hide your real data?
If your business is legitimate and legal, there is no real need to hide behind whoisguard or similar services......But well... What about fees? Your approach looks a bit too optimistic. I have a lendingbot running on my own (and everyone with at least access to a shell and can run some bits of python is able to do so). So, how do you plan to collect your fees and not get ripped of by your customers?
By the way: Yep, on poloniex you can restrict api keys to a specific IP address or IP range and you can forbid Withdraws .. dunno if you can forbid trades at all .. it's a few days since i set it up.
But all in all ..... i'm somewhat clueless how you think this whole thing will work (and why you need to hide behind some - at least a bit - shady registrar services.........
Oh .. and lets not forget, poloniex is racking up a ton of withdraw problems and open support tickets where no one (at poloniex) seems to care about....
But wait.... There is stuff you tell .. which i cannot confirm in the way _you_ tell:
Lets take a more in-depth look:
BTW you didn't tell me where I can buy Poloniex lending bot and how much does it cost?
I don't think that you need bias to answer your question, you can do it yourself.
1. https://bitcointalksearch.org/topic/3m2-bot-lending-poloniex-vps-included-1936362
2. https://bitcointalksearch.org/topic/need-applications-setup-on-awscloud-provider-1835273
Just a little quick search, not so hard to do...
You need technical knowledge to set up Mikadily BOT;
You don’t have detailed statistics about loans in BTC and USD value – Open, Active, Close, Interest in active Loans, Interest in closed loans, average yield, and easy to use lending parameters;
3M2 lending BOT has only two lending parameters (minimum rate and loan size), www.WeLendBitcoin.com service (10 parameters);
You need few hours to start lending with 3M2 lending BOT and Mikadily BOT;
3M2 and Mikadily BOT loan entry is every 3-5 minutes www.WeLendBitcoin.com only 15 sec and etc.
So it is like comparing Ferrari and Russian Lada.
Second thing, if you lend for example 1 BTC - for one year you will earn 0.30 BTC, according to interest in previous year. So, for using 3M2 BOT you will pay 20 x 12 months = 240 USD, and if you use www.WeLendBitcoin.com you will pay 0.30 BTC * 10% fee = 0.03 BTC – free credit (0,001 BTC) = 0.029 BTC * current BTC price (2700 USD) = 78 USD. Please be aware that service is free of charge until November 1, 2017.
Also, with slow BOT such as 3M2 and Mikadily you will not earn 30% per year. www.WeLendBitcoin.com will win on market, because every second is important.
Thanks to high interest rate on Poloniex and www.WeLendBitcoin.com I’ve managed to loan out at 5% interest rate per day
Loans at 5% are still active Heh ... _LOL_ ... there is so much wrong on what you write...
First, to get Mikadily's lending bot, you just need some linux machine and RTFM. There is nothing magic on getting the actual version from git and editing a config file. Even getting your bot to send you stats via Telegram is nothing special at all..... To get that thingie running, it took about 2 hours.. consisting of:
1 minute git clone.
5 minutes editing the default.cfg file
1 hour and 54 minutes figuring out how telegram bots work for nice notifications.
No shit sherlock...
Detailed stats are steadily aviable with the bot in the latest versins, i put a screenshot of my bot-stats in here.
In the config you can select if you want to have the summary shown in BTC or USD (sadly no euro, and sadly only _one_ option .. but well, if you are able to write some bits of python code, even that should be not a big deal.)
You wrote:
3M2 and Mikadily BOT loan entry is every 3-5 minutes www.WeLendBitcoin.com only 15 sec and etc.
_LOOL_ ... No way dude ... if your bot is polling more often than every 30 seconds, Poloniex will blacklist your IP for at least 120 seconds... Been there, done that. Right now, my bot has 45 seconds active interval, 60 second inactive interval and 45 seconds error wait..... 15 seconds? sorry but _LOL_.
Ok anyways... You tell us, every second is important .. oh yeah it is..... but there is another problem.
Getting 5% interest rates is just a matter of _pure luck_.
At 2017-07-31 06:00 p.m. UTC there was a timeframe where a lot of people just sat on their coins and the interest rates skyrocketed towards the 5% limit. Which is by the way the max interest Poloniex allows.
Just some few hours later, we're back on usual and moderate 0.015% average... (for btc, other coins are way worse..)
So ... to sum it all together .. what you are telling us is just simple and plain FUD and the interest rates you tell the users over here are just nice dreams ... and _far_ from reality..
As i said, been there, done that ... my bot is still running and i show you exactly how it looks........
Good luck anyways ... Greetings from Hamburg, Germany,
hacky
P.s.: The reason why it looks like so massive and huge percentages on the BTC loans is simply, i sat out some loans at the time i mentioned above.... I'm really wondering why the very last loan from that time (having 3.049% interest) is still racking up massive fees... It should be easy for anyone to just pay it back and get a new loan with way better interest rates... But well... i think that might already be a loss (the very first one in 3 months by the way .... i wait, and wonder......
)1.NICE explation man may I know your leanding bot you created? Is this open for public?
2.I'm not agaist with the OP as I know POLONIEX lending but if you running a legit business you should proud to present yourself. be transparent about 5% interest its because of BTC fork but now its back to .015-.020 again.
3.LOL for the other comment...some of them just comment even they don't know about POLONIEX lending and how it work and the security of using their API..OP is right he will not hold your BTC for this BOT and yes POLONIEX lending is legit and safe..if you dont want to use his Bot, you can try to do it manually...don't just comment anything useless just because your part of a signature campaign.
4.I use coinlend.org as my bot as they offer free service and they support bitfinex
5.using bot is good for everyone as the rate always on the flow becuase when you do it manually without the knowledge and make it autorenew...you can ruin the current interest rate in POLONIEX as some other noob lender will follow your rate.
