- Oct 1, 2008
See hidden discussions | Win great prizes | Get free support
Affiliates pasting this now
Nope 3 percent with 200 leverage and 8 percent stop loss
The shortfall is speculative. It assumes zero income from the uber-bot. If the bot really has made about 10,000 BTC so far then all's fine and dandy. The shortfall is simply the different between what has been deposited and what the sum of everyone's balances are. It also ignores BTC transaction costs, which will be non-trivial since they appear to use tumblers to stop you being able to find the alleged cold-storage address. Tumbling probably accounts for a few percent of the total deposits.
With the 200x leverage it would be 100,000 BTC to make 170 BTC.This is actually quite amazing.
So if they have a balance of 17000 BTC, and post trading results showing a 1% profit for the day, that must mean that they made a total BTC profit of 170.
But, they only trade with 3% of the pool.....which would be 510 BTC (17000 x 0.03). So for them to make a 170 BTC profit from trading with only 510 BTC, they would have to be making a DAILY PROFIT OF 33% !!!!
C'mon, people cannot honestly be the daft. Oh, right.....