Suchmoon, I am using his Arakne bot since 2 september and used his swing bot before that. The risk is he wash trades and liquidates all your money yes. However this is the risk u must take to trust him. I have trusted him with a relatively small amount and I see his algo bot create good returns already. Like I understand you can be skeptical but all this PONZI calls and such by other users is outright ridicolous. OP is not a scammer since he never took my money or did stupid trading to liquidate my positions or had any bad intentions with any trade.
Bitmex has option to disable withdrawing for an API key. So I am still the owner of my account. He just has trading rights. It is very easy to understand, but I guess some are lazy to read the full context.
There are plenty of bots out there using API keys. The risks are well known. The OP is the first shithead I've seen to be claiming that the API key acts as a private key and that people can lend to his service "risk free". Promising consistently high returns is just icing on the cake. If you want to believe that tripe based on the few trades you made with small amounts - go ahead. Most people tend to be more cautious about trusting liars.
At least a shithead is capable of understanding a business model after someone explains it 10 times in 10 different ways. Get over it lady, this is not your business. See Arakne succeed from the shadows as you wish. I doubt you are
suchdumb not to understand, so i guess you have second interests to protect.
At least stop spreading the same nonsense about lending and api key. did you forget you already admitted that you superficially didn't understand that bitmex was holding the funds and the api key generation?? Why insisting in reporting false quotes?
Also you are right, tons of shit open source bots. Why don't you download them, implement a backtest engine and confront the result with our bot.
BTW, I haven't seen a quant shop that offers our business mode based on api linking on bitcointalk, maybe you can link it to me.