Quote from: Vispilio on September 15, 2019, 12:57:35 PM

CryptoSparks... this guy is like a cautionary tale against wasted opportunity, I respond every now and then to his crazy threads because I believe he has great intelligence in some areas and needs to massively improve his attitude and marketing skills Wink

.

You claim the bot has made 495% in about 20 months, let's say 480% returns for 2 years, that's a monthly RoE of 20%.

If anybody believes in your project, of course they would just rather take the 70% profit share deal, which would give them 14% / month on average.

Why would they even consider the lending option, which would give them just 5% / month + hand over full control of their funds to you.
If you come up with ridiculously irrational propositions like that, of course it's gonna raise all kinds of red flags,

and people will just tag you simply because your 1st offer insults their intelligence. I know it's very hard for you to accept that you are wrong, but if you really have a genuine product to offer, just forget about your lending offer, which is totally silly, and stick with the profit sharing deal with trading via API, which is much more advantageous and reasonable for the investor.

Good Luck

You are right, i probably did a mistake offering that option. That also brought a lot of confusions about how my business actually works. Thanks for the advice, and yes i suck at marketing.. it always turns into a roasting show Grin

Quote from: suchmoon on September 15, 2019, 02:11:07 PM

Here is the discussion - edited for brevity but you can follow the links to see the context - that lead to me posting negative trust for the OP:

Quote from: CryptoSparks on September 14, 2019, 10:03:47 AM

Lenders keep control of their funds via API KEY. Basically is RISK FREE , they could run away with all profits eventually.

Quote from: DireWolfM14 on September 14, 2019, 12:18:13 PM

That's not "control," and is completely false and misleading. An API key is not the same thing as a private key.

Quote from: CryptoSparks on September 14, 2019, 01:19:37 PM

Secondly, an API KEY, based on its privileges, can act as a private key because it can be enabled for withdraw.

Quote from: suchmoon on September 14, 2019, 01:55:40 PM

Stop talking nonsense. It depends on trusting your service, it's nothing like e.g. a Bitcoin private key.

Quote from: CryptoSparks on September 14, 2019, 02:18:18 PM

Can an api key act as a private key? YES

Since the OP never mentioned this being a Bitmex API key (not an API key to the OP's own service), i.e. Bitmex controls the private keys, I'd be willing to revise my feedback if the OP removes all references to the API key acting "as a private key" and makes it perfectly clear that the counterparty risk lies with Bitmex AND with the OP's service.

This is a recurring problem sadly, and is the core of this thread. You high ranked members that are "looking over" and protecting the more naive users from the endless scams popping, can't even take the care to properly investigate and judge a service. a quick read to the first paragraph of my business thread would have avoided this misunderstanding and many more.

I will not take back that an API key can act as a private key simply because that would be a lie. One or more false negative feedback doesn't make a difference.
Thanks for the proposal though, next time DYOR Roll Eyes

Lastly, the client's risks are:
-Getting hacked and loosing access to their own bitmex account
-Bitmex exit scamming
-Bitmex banning the user for continuous profits(look on the web, it's a thing)
-Attacks on vps can cause the bots to go off-sync causing delays in reacting to volatile market moves
-Manipulations that can exploit our anti-manipulation barriers result in losing trades.

Quote from: AdolfinWolf on September 15, 2019, 02:22:40 PM

Quote from: suchmoon on September 15, 2019, 02:11:07 PM

Here is the discussion - edited for brevity but you can follow the links to see the context - that lead to me posting negative trust for the OP:

Since the OP never mentioned this being a Bitmex API key (not an API key to the OP's own service), i.e. Bitmex controls the private keys, I'd be willing to revise my feedback if the OP removes all references to the API key acting "as a private key" and makes it perfectly clear that the counterparty risk lies with Bitmex AND with the OP's service.

I'll add a new feedback if that's the case.

OP is a liar. whether it be in his terminology that he has since white-washed, or the service he's offering.

Quote from: Vispilio on September 15, 2019, 12:57:35 PM

CryptoSparks... this guy is like a cautionary tale against wasted opportunity, I respond every now and then to his crazy threads because I believe he has great intelligence in some areas and needs to massively improve his attitude and marketing skills Wink

.

You claim the bot has made 495% in about 20 months, let's say 480% returns for 2 years, that's a monthly RoE of 20%.

and people will just tag you simply because your 1st offer insults their intelligence. I know it's very hard for you to accept that you are wrong, but if you really have a genuine product to offer, just forget about your lending offer, which is totally silly, and stick with the profit sharing deal with trading via API, which is much more advantageous and reasonable for the investor.

If his bot has the returns he is advertising to have, he doesn't need investors at all.

Compound interest will make him the richest man in the crypto industry within a few years. (AKA: this immature retard is full of shit.)

We've seen these bots before, and i can tell you how the story ended: there was a slight crash and everyone who used the bot on bitmex got liquidated. The bot only worked for the time being simply due to the uptrend of bitcoin itself, not because it made "hyper intelligent trades". I'll see if i can find it.

Exact copy of: https://bitcointalk.org/index.php?topic=5025195.msg45451272#msg45451272

Quote

I believe he has great intelligence

Quote from: CryptoSparks on September 15, 2019, 11:07:47 AM

We will see, every day new users join our army and i dont need pigs and dogs since the spots available are limited.

Yeah. Using the word "dogs" as an insult clearly shows high levels of intelligence.

His calculations also seem flawed.
He claims a daily profit of 0.5%, ~97% of the time ~=100%, for 2 years?

daily compounding would give a return of 3800%, (but i guess he will claim that the losses aren't accounted for?)

(And no, i'm not going to go through your "trading data".)

Good luck with your bot.

Dear ADOLF (a name a warranty btw... Grin

). I already had to explain you the what/how/where of the API KEYS, now is math time. you know , if you wanna go above your incredible bb code and html skillzz you should focus on the language of the goddamn universe which is, you guessed it.. MATH! i love it because she never lies , something difficult to find in the spineless human beings.

I'd start by saying that i don't claim a daily profit of 0.5% but an avg win roi of 0.5% per trade.

Here's what i not only claim but prove with history data fully documented. Here a screenshoot since i'm sure you didn't even bother to check:

One thing you got it right though. THE KEY. The one and only! The compounding effect. As you may notice the TRADE_ROI is actually only +176.18% while the compounding effect + the fees collected while market making(you know what that means right?) kick the final ROI to +495.35%

You could check every single trade, with timestamps entries exits stakes , in the trade_history file f last 20 month... but why would you research a thing that don't and probably never understand? Grin

I will always remember you for this absolute pearl of old fashion ignorance :

Which i would like to reply with 3 images:

the current number of active bots on bitmex

the current 24h volume, which is also low because on weekends there's less volume

And the graph from a few months ago bitmex's trading digest newsletter , which demonstrates by how far bots rule the market.

I guess we are all stupid playing the game while mr adolf is hiding in his bunker wasting time on btt. Quite pathetic. Cry

Quote from: rosezionjohn on September 15, 2019, 02:28:05 PM

Quote from: CryptoSparks on September 15, 2019, 10:40:57 AM

Quote from: rosezionjohn on September 15, 2019, 10:40:27 AM

The way I understand it, you control the private key and the lenders are given access to the platform via API keys. That means you can also control the funds provided by lenders. You, as the platform owner, is also capable of doing anything like changing the access of lenders to their funds.

Not at all, but i like the way you approached the critic, with at least a doubt assumption. I can see you haven't reached the legendary status yet. Grin

If you're talking about our service, is very easy. There's no private key. Grin

People create and manage their own bitmex account, while giving us a ORDER ONLY API KEY to link the bot. We have no direct access to the account,email, password,privatekey. NOTHING.. Yet somehow, people say we run a ponzi while we actually never touch the funds untill the costumer voluntary pays the commission.

If you are talking about the proposition i made to lenders providers on this forum, that's different since we are actually borrowing money with interest. In that case a new bitmex account gets created and email+password+email account + api key gets delivered to the lender so it can keep full control on the funds even though the funds are actually "ours" and the lender could run away with the loan+ profits generated.

This wasn't clear to me when I read your other thread. I don't know if what you claim (ROI) is real and that is for other readers to decide. Maybe you can improve on your presentation and transparency? I'm not sure if you were willing to provide the above info if I had not ask.

Thanks, more than showing 2 years of data and trade history while giving full access to the demo account via api key i don't know what else we could provide. Plus we never touch or access the client's funds. Is bulletproof business model, that's why every accusation failed (with the exception of the hilarious gif thing Grin

)

Quote from: The Pharmacist on September 15, 2019, 02:41:45 PM

Quote from: CryptoSparks on September 15, 2019, 08:49:07 AM

Also notice how all the roasted users are high rank, most of them legendary.

That's because a lot of high-ranked members have seen innumerable Ponzi schemes and other scams perpetrated on this forum, and they don't take kindly to anything that has even the whiff of something like that. I took a look at the reference thread from Vod's feedback, and it certainly does look like you're running a Ponzi of some sort--characterized by the offer of a fixed and improbable return on a sucker's investment. Vod is trying to protect people here by warning them of shady activity, and he's done a damn good job for years.

If your investment scheme is legitimate, perhaps you can explain its legitimacy to Vod. He's reasonable and smart, so if you can prove that you're not running a Ponzi, he might remove that feedback. I don't think that's likely, but it's worth a shot. Raging against a bunch of people in this thread isn't going to help your case, however.

That's legit, but superficiality is the problem here. Vod didn't understood a single thing of our business simply because he didn't bother to check the thread or to ask! He went straight to red trust. I'm never not gonna beg him to remove it. If he's smart as you say, he'll take 10 minutes to read my thread and see that there's now way we can run a scam or ponzi. is technically impossible.

Quote from: DireWolfM14 on September 15, 2019, 04:01:11 PM

If anyone is curious why I deleted the posts I had made in that thread, it's because I felt dirty afterwords. It felt like wrestling a pig, I just wind up getting dirty and the pig likes it.

I haven't had time to really dig into CryptoSparks' service proposal, his service code, or his post history, but I do want to take the time to do so. My suspicion is that CryptoSparks is no quant. I don't know where or how he got himself a quantbot, or if there really is one plugged into his service.

What is clear and beyond dispute is that he's a liar and a troll.

IGNORANCE STRIKES AGAIN.

"I haven't had time to really dig into CryptoSparks' service proposal," but "is clear and beyond dispute is that he's a liar and a troll."

Quote from: Vod on September 15, 2019, 09:41:07 PM

Quote from: CryptoSparks on September 15, 2019, 11:17:10 AM

Do you know how easy is to prove a service is ponzi or scam?? Go ahead and PROVE i'm running one.

OK. Show me any reputable company that can offer 180% interest per year?

Proved.

Your feedback on Suchmoon's profile and my profile also proves you are not running a legit business.

Goodbye, scammer.

ArakneFUND Grin

You know, the way you guys react to a simple 180% ANNUAL ROI makes me laugh my ass off! You guys are thinking so small that will be hilarious when our swing trading bot will hit the bitcointalk pages next month. Grin

Vod you probably don't even know the difference between market making and swing trading, but is ok... the only skill you will ever need is a long tongue!! Grin