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Topic: the first automated bitcoin trading tool - legit stuff ? - page 3. (Read 11197 times)

legendary
Activity: 1449
Merit: 1001
"© 2013/2013 bitscalper.com"

Must be easy to auto trade when you're from the future.

eheh good one, on which page ?

1st page Smiley

edit: its fixed..
member
Activity: 70
Merit: 10
"© 2013/2013 bitscalper.com"

Must be easy to auto trade when you're from the future.

eheh good one, on which page ?
member
Activity: 111
Merit: 100
"© 2013/2013 bitscalper.com"

Must be easy to auto trade when you're from the future.
member
Activity: 70
Merit: 10
I guess only facts could speak for you to be convinced that this is not a scam.
We do make money by arbitraging bitcoins on several exchanges, as already explained.

But that's what many people are looking for is facts, and facts like this...

Because of our location. We are concerned about being raided.

don't inspire much confidence, your contradicting yourself.  Again, why would you be raided for running a legitimate business?  Many of us are not familiar with other nations laws. Is there some country where bitcoins are illegal? or exchanges? or servers? Or you just need to meet some crazy liscencing or permits to run the business?

Why don't you just take time to read the thread ? i already stated clearly the reasons to other people asking the same. Our government is crazy enough to consider trafficking large sums of bitcoins a serious white collar crime.
donator
Activity: 798
Merit: 500
I guess only facts could speak for you to be convinced that this is not a scam.
We do make money by arbitraging bitcoins on several exchanges, as already explained.

But that's what many people are looking for is facts, and facts like this...

Because of our location. We are concerned about being raided.

don't inspire much confidence, your contradicting yourself.  Again, why would you be raided for running a legitimate business?  Many of us are not familiar with other nations laws. Is there some country where bitcoins are illegal? or exchanges? or servers? Or you just need to meet some crazy liscencing or permits to run the business?
member
Activity: 70
Merit: 10
Can you say scam / ponzi of the month ?

January 2012 award goes to : ... BitScalper !!!

Please explain how you make money and why you need the user's BTC and not just use your own BTC and that magical black box with 5% return Wink

I guess only facts could speak for you to be convinced that this is not a scam.
We do make money by arbitraging bitcoins on several exchanges, as already explained.
hero member
Activity: 518
Merit: 500
Can you say scam / ponzi of the month ?

January 2012 award goes to : ... BitScalper !!!

Please explain how you make money and why you need the user's BTC and not just use your own BTC and that magical black box with 5% return Wink
member
Activity: 70
Merit: 10
I'm not putting a password on that website. There is no https.

I highly suggest that he invest in an SSL certificate.

Only viable option as for now is to install the SSL encryption with a bogus certificate, because getting a level II SSL certificate would defy completely our anonymity.

Why do you need complete anonymity for a legitimate business?

Because of our location. We are concerned about being raided.
donator
Activity: 798
Merit: 500
I'm not putting a password on that website. There is no https.

I highly suggest that he invest in an SSL certificate.

Only viable option as for now is to install the SSL encryption with a bogus certificate, because getting a level II SSL certificate would defy completely our anonymity.

Why do you need complete anonymity for a legitimate business?
member
Activity: 70
Merit: 10
we have pushed an update with internal statistics disclosure to help people take confidence with bitscalper. We'll be updating and expanding it soon.
member
Activity: 70
Merit: 10
Bitscalper, how is my earnings calculated?

Ente

Hi Ente,

Earning depends on the opportunities windows. there is no way it's calculated up. it depends on how much you deposit, the return could be anything from 0% to 5% daily, or even more. 

Actually I meant to ask "how is my share of the total earnings calculated?".
Like, for example, you said you have approx 1000 Bitcoins in your books. I have 5 Bitcoin in my account. That is 5/1000 of the total. Now, if you to some magic and produce 50 Bitcoins, will I get 5/1000 of this gain, so will my earnings be 0.25 Bitcoins? The next day my account balance would be 5.25 Bitcoins then?

I.e. is the total gain distributed evenly among the users according to how much they contributed to the total sum?

(Why do I ask? MtGox, for example, charges different fees depending on volume)

Ente


Of course not, the system works like this :
Suppose the profit % is 2.25%, if you have 100 bitcoins deposit, you would make 100*2.25/100 = 2.25 bitcoin.
The next day if the profit % is 3.50%, you would have 102.25*3.50/100 = 3.57 bitcoin and so on.
 
member
Activity: 70
Merit: 10
Whether this site is legit or not we don't know yet.  But those that decided to take a risk like me shouldn't
complain so much. It does state that its BETA. You can give advice , point out bugs etc... but I don't think
that complaining is part of using a FREE and BETA service.

We're doing everything  we can to keep the bugs at a minimum and working around the clock to fix issues.
legendary
Activity: 2126
Merit: 1001
Bitscalper, how is my earnings calculated?

Ente

Hi Ente,

Earning depends on the opportunities windows. there is no way it's calculated up. it depends on how much you deposit, the return could be anything from 0% to 5% daily, or even more. 

Actually I meant to ask "how is my share of the total earnings calculated?".
Like, for example, you said you have approx 1000 Bitcoins in your books. I have 5 Bitcoin in my account. That is 5/1000 of the total. Now, if you to some magic and produce 50 Bitcoins, will I get 5/1000 of this gain, so will my earnings be 0.25 Bitcoins? The next day my account balance would be 5.25 Bitcoins then?

I.e. is the total gain distributed evenly among the users according to how much they contributed to the total sum?

(Why do I ask? MtGox, for example, charges different fees depending on volume)

Ente

legendary
Activity: 1449
Merit: 1001
Whether this site is legit or not we don't know yet.  But those that decided to take a risk like me shouldn't
complain so much. It does state that its BETA. You can give advice , point out bugs etc... but I don't think
that complaining is part of using a FREE and BETA service.
member
Activity: 70
Merit: 10
the problem with wrong amounts is fixed

what bothers me now is the mail I received:

Quote
Dear User,

We apologize but your password was changed because of a technical problem to the database. Your password is now : xxxxxxxx
Feel free to change it by logging in into your account.

--
Best Regards
Bitscalper Team


1. I had a much stringer password that was autogenerated (I know I can put it back)
2. Sending the new password in clear on the email (This is never a good ideea)

LE: tried to change the password and now I can't login with the new pass or the old one
Recovery tells me to send an email to [email protected] instead of generating some kind of link and send it to the email?
WTF is this?

It's only a technical glitch we had. Remember that we are still in beta phase. We never read your password and only store them strongly hashed. We will look into the issue you ran. We will be also implementing a forgot password feature within the next 24 hours.
We apologize again for the inconvenience, your problem should be fixed now.
full member
Activity: 134
Merit: 100
the problem with wrong amounts is fixed

what bothers me now is the mail I received:

Quote
Dear User,

We apologize but your password was changed because of a technical problem to the database. Your password is now : xxxxxxxx
Feel free to change it by logging in into your account.

--
Best Regards
Bitscalper Team


1. I had a much stringer password that was autogenerated (I know I can put it back)
2. Sending the new password in clear on the email (This is never a good ideea)

LE: tried to change the password and now I can't login with the new pass or the old one
Recovery tells me to send an email to [email protected] instead of generating some kind of link and send it to the email?
WTF is this?
member
Activity: 70
Merit: 10
I'm not putting a password on that website. There is no https.

I highly suggest that he invest in an SSL certificate.

Only viable option as for now is to install the SSL encryption with a bogus certificate, because getting a level II SSL certificate would defy completely our anonymity.
member
Activity: 70
Merit: 10
We should have fixed the problem with wrong amounts showing up in the balance. Please let us know if you still notice weird stuffs.
full member
Activity: 184
Merit: 100
Feel the coffee, be the coffee.
I'm not putting a password on that website. There is no https.

I highly suggest that he invest in an SSL certificate.
hero member
Activity: 700
Merit: 507
Started about 24hrs ago it shows me 0.02935 profits started with 0.5BTC. Havent tried to withdraw so far though.
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