Was just reading the Gunbot thread and the author says in a recent post the average profit is 1% daily... that seems to coincide with bitconnect's claim. Or is Gunbot not really profitable despite everyone claiming it to be?
(just noticed bitconnect changed their login so that people can't bypass the reCaptcha any more when logging in - they used to allow logging in on the top right of their pages without it)
You can make money with gunbot, but you need to know what you are doing and change parameters depending on market conditions. I guess if the bitconnect has something similar they can make 1%, although I would say if you have such a bot 1% seems low, you can make 5% or more once price starts moving fast, but they always show about 1% profit. This gunbot is so simple it is funny and since all tokens are going up it is easy to make money. How long will it last, nobody knows but if a massive drop happens and the price doesn't go back up than it will be a huge problem for those who bought higher, however the bot needs only movement: down, up, within parameters and can make money again. It doesn't work if it starts dumping fast and the price stays low, but so far all major tokens returned to previous high, so all got profit...