the first automated bitcoin trading tool - legit stuff ?

BTC-engineer

sr. member

Activity: 360

Merit: 250

Quote from: ineededausername on January 23, 2012, 10:37:46 AM

hello bitscalper.

I just want to ask you:
Note that if an unspent output is in an address in your wallet, you haven't spent it, period. The main wallet excuse doesn't work here. You did not use the coins in that output, which means you didn't need them. You can't have a positive balance in one address and spend it from somewhere else.
There are several possibilities.
1. You are lying.
2. The address is not in your wallet, it's a gox address or something.
3. You don't use all the coins at the same time.

Is (2) correct?

bitscalper already confirms 3. somewhere else in this forum.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

hello bitscalper.

I just want to ask you:
Note that if an unspent output is in an address in your wallet, you haven't spent it, period. The main wallet excuse doesn't work here. You did not use the coins in that output, which means you didn't need them. You can't have a positive balance in one address and spend it from somewhere else.
There are several possibilities.
1. You are lying.
2. The address is not in your wallet, it's a gox address or something.
3. You don't use all the coins at the same time.

Is (2) correct?

bitscalper

member

Activity: 70

Merit: 10

The server shows the same issue as yesterday's one. Exactly identical, We're trying to get in touch with the owner, he is located in Japan and hopefully we will get a reply soon, the datacenter itself is located in germany and we might have to wait again a few hours for this to be solved.
We sincerely apologize for the issue and will be switching to another host tomorrow, as this is unacceptable.

VPS DETAILS
Status: [I18N:vps_info_power_state_disabled] - Manage power

bitscalper

member

Activity: 70

Merit: 10

AutoVPS has issues at the moment. I'm talking with their support. Will make sure to switch host very soon.

hoo

member

Activity: 89

Merit: 10

can't login again.

bitscalper

member

Activity: 70

Merit: 10

We have* spotted and fixed a bug that was causing discrepancies in balances. Everything should work without issues now. Please let us know if you are experiencing any weird issue.

bitscalper

member

Activity: 70

Merit: 10

We are back online now, apologize for the issues might have caused. Thanks for trusting our services.

Chefnet

hero member

Activity: 686

Merit: 500

we will have it on track. how long will it take?

bitscalper

member

Activity: 70

Merit: 10

Hi,

Do not panick, this is a problem with the host and will be solved within 9.00 AM Germany time. We already spoke with support and they are working on the issue. Apologizes for the profit loss this might cause.

bitscalper

member

Activity: 70

Merit: 10

Quote from: Ente on January 16, 2012, 04:25:06 AM

Quote from: bitscalper on January 15, 2012, 06:36:57 PM

Quote from: BTC-engineer on January 15, 2012, 06:10:28 PM

Bitscalper, could you please describe a little bit more how your system is working when you do not have to move the bitcoins which were transferred to you?
I'm sure that this fact worry a lot of people. Most don't understand how you can make bitcoins through arbitraging and other strategies without moving them.

I of course do not mean we do not move bitcoins. I just mean that the address he is tracking is just one of the temporary addresses generated under his account. The bitcoins are moved from the main wallet which you do not know the address for.

Sure its supposed to be a "temporary address" in the way that only I use it, and only once for adding funds. If you would do any speculation at all, you would then proceed to transfer the funds from this "temporary address" to your "main wallet", to then work with the combined funds.

As for me its obvious, you just leave the funds there and will collect them all once you run away with all funds. Until then, you just let some random counters count up, and pay out the small "test withdraws" happening now with the others or your own funds.

Of course they (or the next similar "company") will not make this error again. I am sure our funds will soon start to be sent around in a totally wild way.

Ente

Ente,

Just a quick clarification, you do send coins to your sub-wallet address but the trading itself uses the coin from the main wallet, again, not all the coins are used at the same time, some are not even used. profit is distributed on the user base accordingly to the amount deposited as explained earlier. Your assumptions are totally speculations, and excuse me for the word play.

drakahn

hero member

Activity: 504

Merit: 500

farfiman

legendary

Activity: 1449

Merit: 1001

Some brave man ( or woman) withdrew 500btc (!) by their site...
Monday, January 16, 2012
BTC 500
0dc0d2307c2a47f475e8b6445ff6debed498c77dee38409be59c55b904e028cc

finway

hero member

Activity: 714

Merit: 500

5% per day? another ponzi scheme, won't try . Wink

Ente

legendary

Activity: 2126

Merit: 1001

Quote from: bitscalper on January 15, 2012, 06:36:57 PM

Quote from: BTC-engineer on January 15, 2012, 06:10:28 PM

Bitscalper, could you please describe a little bit more how your system is working when you do not have to move the bitcoins which were transferred to you?
I'm sure that this fact worry a lot of people. Most don't understand how you can make bitcoins through arbitraging and other strategies without moving them.

I of course do not mean we do not move bitcoins. I just mean that the address he is tracking is just one of the temporary addresses generated under his account. The bitcoins are moved from the main wallet which you do not know the address for.

Sure its supposed to be a "temporary address" in the way that only I use it, and only once for adding funds. If you would do any speculation at all, you would then proceed to transfer the funds from this "temporary address" to your "main wallet", to then work with the combined funds.

As for me its obvious, you just leave the funds there and will collect them all once you run away with all funds. Until then, you just let some random counters count up, and pay out the small "test withdraws" happening now with the others or your own funds.

Of course they (or the next similar "company") will not make this error again. I am sure our funds will soon start to be sent around in a totally wild way.

Ente

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: grue on January 15, 2012, 06:42:56 PM

did anyone successfully withdraw yet?

I did withdraw a small amount of 5.8 BTC, which I am happy with as I only put in 5 BTC and got 5.8 out.

//DeaDTerra

bitscalper

member

Activity: 70

Merit: 10

Quote from: grue on January 15, 2012, 06:42:56 PM

did anyone successfully withdraw yet?

Please see http://bitscalper.com/p/disclosure

M4v3R

hero member

Activity: 607

Merit: 500

I did, and I know several people who did too.

grue

legendary

Activity: 2058

Merit: 1431

did anyone successfully withdraw yet?

bitscalper

member

Activity: 70

Merit: 10

Quote from: BTC-engineer on January 15, 2012, 06:10:28 PM

Bitscalper, could you please describe a little bit more how your system is working when you do not have to move the bitcoins which were transferred to you?
I'm sure that this fact worry a lot of people. Most don't understand how you can make bitcoins through arbitraging and other strategies without moving them.

I of course do not mean we do not move bitcoins. I just mean that the address he is tracking is just one of the temporary addresses generated under his account. The bitcoins are moved from the main wallet which you do not know the address for.

BTC-engineer

sr. member

Activity: 360

Merit: 250

Bitscalper, could you please describe a little bit more how your system is working when you do not have to move the bitcoins which were transferred to you?
I'm sure that this fact worry a lot of people. Most don't understand how you can make bitcoins through arbitraging and other strategies without moving them.

Topic: the first automated bitcoin trading tool - legit stuff ? (Read 11175 times)