Quote from: statdude on December 06, 2017, 06:56:17 PM

Quote from: zarki on December 06, 2017, 01:05:56 PM

Quote from: statdude on December 05, 2017, 02:39:51 AM

So QAU actually expects people to believe they are accomplishing a 2% trade profit?

34 btc in trading profit on $8.4mm in volume?

Lol what a joke!

Report is pretty but probably faked. Good luck people, I've seen this all before in 2013.

What makes you say that the report is probably fake? Do you believe Damian Merlak would risk destroying his reputation by being part of a project fabricating reports?

I am saying that specifically because the numbers SEEM faked. I don't have proof. I actually think the report is kinda a nice step up from before.

The red flag for me is that they claim to be earning 2% per trade. Unless they are doing some crazy arb like USA to Korean exchanges (which have a massive spread), or that they are doing directional trading (and perhaps manipulation) of some kind. Most market making activities and triangle arbitrage, or arbs between exchanges in the same country would run no more than .05 - .1% per trade at best, maybe double that if you were very selective.

So my personal opinion is that it is BS

Can you prove me wrong? Have these reports been audited by a reputable firm? Have you seen even videos, detailed descriptions of their supposed "bot"?

Please read: http://blog.quantumproject.org/quantum-auditing-destruction-events/

Thank you