This is my final message in this forum, and the world.
The other thread has became a journal for my waiting; so I decided to open a new one with new updates.
This is a big warning to all the big amount traders using Rollbit.com platform or gamblers who put big money in the platform with trusting them.
I have tried eveything, waited patiently with nice words; however the lack of customer care and owning up has made me go insane.
All of the Rollbit.com users should see this; how I got scammed, and how they got away with it.
This is the accusation:
https://bitcointalksearch.org/topic/--5520613After reading, please support or oppose my flag:
https://bitcointalk.org/index.php?action=trust;flag=3356This is the following mail from Rollbit.com;
"Hi Mr Lazarus,
Thank you for your patience while we reviewed the account history.
Our review was undertaken following a complaint raised by yourself and is focused on a position that was entered into on 25th November 2024 at 12:12 in which you placed a $44,000 wager at 70x leverage that the price of Bitcoin (BTC) would rise (LONG). For clarity, this order was placed without a stop loss. The position was placed with an entry price of $98,128.59 and retained a liquidation price of $96,762.90.
Planned maintenance was carried out at and lasted approximately 18 minutes. This was preceded by both a site notification and a pinned message on site chat.
The price of bitcoin at the commencement of the maintenance period was around $97,239.33 which represented use of over 60% of the available margin on this position.
This followed a downward trend of price for the previous 40 minutes, during which, at no point the user indicated or afforded the opportunity to close the position.
The position was not liquidated, and was closed by the user at $96,876.85 at a loss of $39,288.15 with $4711.15 being returned from the original $44,000.00 position.
The position was set, approximately 3 hours after the highest price seen during the previous 2.5 days ($98,871.80) and what followed was a steady and continuous fall in price over the next 24 hours.
Although price did see a rebound over the next 4 days, it only climbed above your liquidation price ($96,762.90) periodically on the 29th November 2024.
The price did wick above your entry point briefly on the 29th November 2024 however, it again showed persistent decline until the 4th December 2024, and would only have became a profitable position at around 20.00 on this date.
This would indicate that the point of entry was ill advised, and very unlikely to return a profit even with marginal leverage being applied as opposed to the 70x utilised.
An analysis of your previous trades also shows that you did utilise stop loss options, particularly when placing large positions and while utilising similar (<100x) leverage. You also utilised these stop losses on both LONG and SHORT positions.
We continued our analysis by reviewing your other large loosing positions to establish how these were ‘managed’. We did not review your profitable trades as the ‘management’ of these trades would not be required in a comparable way.
On the 18th November 2024 at 06.59, you opened a similar position on in which you placed as $45,000.00 wager at 61x leverage that the price of Ethereum (ETH) would rise (LONG). No stop loss was placed on this trade. The position was placed with an entry price $3,147.63 and retained a liquidation price of £3,097.28. This position was open for 4 hours and 13 mins. The position was not liquidated and was closed by the user at $3102.332 at a loss of $38,631.61 with £6,368.39 being returned from the original $45,000.00 position.
On the 16th November 2024 at 15.39, you opened a similar position on in which you placed as $28,800.00 wager at 66x leverage that the price of Bitcoin (BTC) would rise (LONG). No stop loss was placed on this trade. The position was placed with an entry price $91,557.33 and retained a liquidation price of £90,206.13. This position was open for 13 hours and 22 mins. The position was not liquidated and was closed by the user at $90,330.80 at a loss of $25,463.70 with £3,336.30 being returned from the original $28,800.00 position.
On the 13th November 2024 at 00.34, you opened a similar position on in which you placed as $45,000.00 wager at 50x leverage that the price of Bitcoin (BTC) would rise (LONG). A stop loss was placed on this order of $5,000.00 (11% of the original position) equating to a stop loss price of $86,721.69. The position was placed with an entry price $88,253.55 and retained a liquidation price of £86,524.38. This position was open for 3 hours and 57 mins. The stop loss was not activated and the position and was closed by the user at $87,008.12 at a loss of $31,751.90 with £13,248.10 being returned from the original $45,000.00 position.
Other similar positions where reviewed;
17th November 2024, open for 2hr 11m - $17,782.00 @ 122x Bitcoin (BTC) (LONG) – No Stop Loss, - Liquidated;
13th November 2024, open for 13m - $20,000.00 @ 150x Bitcoin (BTC) (LONG) – No Stop Loss, - User Closed at $16,990.37 loss ($3,009.63 returned of original £20,000 position)
31st October 2024, open for 4hr 59m - $24,000.00 @ 41x Bitcoin (BTC) (LONG) – Stop Loss Applied at BTC $69,000 securing $7608.57 of the original $24,000.00 position, - Stop Loss Activated
Of the 165 positions we have reviewed, we are unable to evidence sufficient use of either risk mitigation or active position management.
It is our finding that the initial position was ill advised, and the maintenance downtime experienced would have little effect on the overall outcome and your management of the same.
Unfortunately, this means that our initial review and response (10th December 2024) on this position was deemed to be correct and will not be open for further review.
Sincerely,
Rollbit Compliance Team
1-While you mention that there was a site notification and a pinned message in the chat prior to the maintenance, I must emphasize that the timing of this maintenance was poorly executed. The fact that it occurred just minutes after I opened a significant position in a highly volatile market is concerning. Scheduled maintenance should ideally be communicated well in advance, particularly for a platform dealing with high-stakes trading where users rely on immediate access to manage their positions effectively. The world's most idiot person even won't open this position if they have seen your so called maintenance alert, you liars.
2- The assertion that the maintenance had little effect on the overall outcome of my position does not take into account the nature of leveraged trading, where even minor fluctuations can lead to significant financial consequences. My position was left unmanageable during a critical time when the market was experiencing substantial volatility. The inability to access my account during this time directly contributed to my financial loss. I had no opportunity to mitigate my risk or adjust my position in response to the market conditions.
3- You indicated that I did not close my position or manage it during the downturn. However, I was effectively locked out of the trading platform during a pivotal moment, which is not a situation any trader should find themselves in. Even if I had a stop loss in place, the critical window of opportunity to adjust my strategy was taken away from me due to the platform's downtime. This lack of access is unacceptable for users engaging in high-leverage trading.
4- I understand from your response that you reviewed my trading history, including other positions where stop losses were used and not used. It is essential to recognize that each trade is a unique decision based on the market conditions and personal risk management strategies at that time. The fact that I have utilized stop losses in other trades demonstrates my awareness and intent to manage risk; however, the unforeseen maintenance during a volatile market negated my ability to do so in this instance. You have also not described, when I have put stop-losses; at the start or accordingly (for example the stop losses I put while I am on green or manual stops.). You only handpicked and found (sarcasm) 5-6 trades out of 165 that fits your agenda and shoved them at my face for proof. You idiots.
5- I believe it is reasonable to request a reimbursement or compensation for the losses incurred due to the maintenance incident. While I understand that not every loss can be reimbursed, the circumstances surrounding this particular event were exceptional, and a fair resolution should reflect that. As you mentioned, other users who were liquidated during this event received compensation; I believe my situation warrants similar consideration given the constraints imposed by the maintenance.
I have Anyone who went silent and not supported my case is a part of this bullshit.
I am leaving this forum and world from now on.
I had too much to pay and these thiefs went on and wrote me this nonesense. Like it makes a difference about the situation or anything.
Hi Mr Lazarus,
Thank you for your patience while we reviewed the account history.
Our review was undertaken following a complaint raised by yourself and is focused on a position that was entered into on 25th November 2024 at 12:12 in which you placed a $44,000 wager at 70x leverage that the price of Bitcoin (BTC) would rise (LONG). For clarity, this order was placed without a stop loss. The position was placed with an entry price of $98,128.59 and retained a liquidation price of $96,762.90.
Planned maintenance was carried out at and lasted approximately 18 minutes. This was preceded by both a site notification and a pinned message on site chat.
The price of bitcoin at the commencement of the maintenance period was around $97,239.33 which represented use of over 60% of the available margin on this position.
This followed a downward trend of price for the previous 40 minutes, during which, at no point the user indicated or afforded the opportunity to close the position.
The position was not liquidated, and was closed by the user at $96,876.85 at a loss of $39,288.15 with $4711.15 being returned from the original $44,000.00 position.
There was no notification on site until maybe 2-3 minutes left. Didn't see a notification on mobile. As I said at 97,239; I was already down 36000 USD. Go tell this nonesense to a monkey. Why did you compansate all the people who got liquidated then? These are worthless piece of information.
The position was set, approximately 3 hours after the highest price seen during the previous 2.5 days ($98,871.80) and what followed was a steady and continuous fall in price over the next 24 hours.
Although price did see a rebound over the next 4 days, it only climbed above your liquidation price ($96,762.90) periodically on the 29th November 2024.
The price did wick above your entry point briefly on the 29th November 2024 however, it again showed persistent decline until the 4th December 2024, and would only have became a profitable position at around 20.00 on this date.
This would indicate that the point of entry was ill advised, and very unlikely to return a profit even with marginal leverage being applied as opposed to the 70x utilised.
Why do you even talk about the price after the accident? This also would happen to all the longs you compansated because they got liquidated during the maintenance. These are invalid points. You are trying to de-rail the situation which is not fine.
An analysis of your previous trades also shows that you did utilise stop loss options, particularly when placing large positions and while utilising similar (<100x) leverage. You also utilised these stop losses on both LONG and SHORT positions.
We continued our analysis by reviewing your other large loosing positions to establish how these were ‘managed’. We did not review your profitable trades as the ‘management’ of these trades would not be required in a comparable way.
So you say that my other 159 trades all went on with profit? A 5 IQ monkey wouldn't believe it; but I know some of the users will also believe this. And you made comments according to 6 trades? Nice, professional. Well done, Razer and thiefs.
On the 18th November 2024 at 06.59, you opened a similar position on in which you placed as $45,000.00 wager at 61x leverage that the price of Ethereum (ETH) would rise (LONG). No stop loss was placed on this trade. The position was placed with an entry price $3,147.63 and retained a liquidation price of £3,097.28. This position was open for 4 hours and 13 mins. The position was not liquidated and was closed by the user at $3102.332 at a loss of $38,631.61 with £6,368.39 being returned from the original $45,000.00 position.
On the 16th November 2024 at 15.39, you opened a similar position on in which you placed as $28,800.00 wager at 66x leverage that the price of Bitcoin (BTC) would rise (LONG). No stop loss was placed on this trade. The position was placed with an entry price $91,557.33 and retained a liquidation price of £90,206.13. This position was open for 13 hours and 22 mins. The position was not liquidated and was closed by the user at $90,330.80 at a loss of $25,463.70 with £3,336.30 being returned from the original $28,800.00 position.
On the 13th November 2024 at 00.34, you opened a similar position on in which you placed as $45,000.00 wager at 50x leverage that the price of Bitcoin (BTC) would rise (LONG). A stop loss was placed on this order of $5,000.00 (11% of the original position) equating to a stop loss price of $86,721.69. The position was placed with an entry price $88,253.55 and retained a liquidation price of £86,524.38. This position was open for 3 hours and 57 mins. The stop loss was not activated and the position and was closed by the user at $87,008.12 at a loss of $31,751.90 with £13,248.10 being returned from the original $45,000.00 position.
Other similar positions where reviewed;
17th November 2024, open for 2hr 11m - $17,782.00 @ 122x Bitcoin (BTC) (LONG) – No Stop Loss, - Liquidated;
13th November 2024, open for 13m - $20,000.00 @ 150x Bitcoin (BTC) (LONG) – No Stop Loss, - User Closed at $16,990.37 loss ($3,009.63 returned of original £20,000 position)
31st October 2024, open for 4hr 59m - $24,000.00 @ 41x Bitcoin (BTC) (LONG) – Stop Loss Applied at BTC $69,000 securing $7608.57 of the original $24,000.00 position, - Stop Loss Activated
Of the 165 positions we have reviewed, we are unable to evidence sufficient use of either risk mitigation or active position management.
It is our finding that the initial position was ill advised, and the maintenance downtime experienced would have little effect on the overall outcome and your management of the same.
Unfortunately, this means that our initial review and response (10th December 2024) on this position was deemed to be correct and will not be open for further review.
Sincerely,
Rollbit Compliance Team
Any of these trades have
zero importance on the situation, hence the number of them you could
hand pick out of 165.
AND, you cannot assume something in how you want to see it and call it a evidence. These are not evidence, these are just past trades and have zero effect on the situation. I was thinking about closing when I turned to minus. I have many trades which were closed in +5 +10 -5 -10 dollars at the entry price manually. You didn't show them as evidence? Why, I know why. You are scammer filths. You not only fucked up my life but also as of now; have stolen 45000 USD from me.
Thanks to a few people who were supporting me till the end.
Razer, you are a big thief. You are such a big thief that you have no remorse, and with a few puppets you have here; you managed to dodge this situation.
You have done this on the week of my mother's death, which will hunt me forever. Don't worry,
I will be your shadow.
I have zero belief in humanity and have seen that you can buy people for 60 USD a week. I have zero belief that this will go to anywhere.
So, FUCK YOU, Rollbit Razer. Also your silent puppets as well.This is a message to all Rollbit.com users, leave this platform immedieatly. This is the mail you get after they steal 45.000 USD from you, mind you this account is down 200-200.500 USD already. Also don't come to this platform to rant, this is what you get.I couldn’t defend my rights, I hope in the future these scums will pay for their actions.However, I have decided not to see it; can’t take it no more.So, Goodbye Bitcointalk. 
