The Whole Story - From BTC-Arbs ADMIN
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BTC Arbs was not created to be a scam, and was never intended to rip off investors. Bitcoin arbitrage is possible and many Bitcoin users have realized this and have started arbitrage trading on their own. Bitcoin arbitrage trading took place and earnings were made. Anyone who has ever looked at bitcoinaverage dot com can confirm this. The prices vary greatly from exchange to exchange, and there are always variations on the price. Even today, you can buy Bitcoin on BTCE for $556 and then sell it immediately on Bitstamp for $572. That produces a 2.7% profit, which is closer to 2% after exchange fees and transfer costs.
BTC-Arbs was not created to scam users.
Here's the problem with this story. buying a coin on btce for 556 and selling it on 572 gets you a 2% profit for that coin, to get a 2% profit for the whole btc arbs scheme you need to be able to do that 500 times (if you have 500 coins). then after you do that you have all your coins on that place where you want your dollars, and all your dollars on the place where you want coins, so it will take some time to get the stuff back to where it belongs.
being here isn't enough to prove that you aren't a scammer, because many scammers stick around to try and delay people coming after them and hoping that enough time will pass that people will give up and/or forgive what you owe them. If you are truly not scamming you need to be a lot more transparent. tell us how many coins you have, and show proof of the work that you are doing. Don't report daily progress in terms of a percent raise or a percent drop, give the exact details so people can see exactly what you are doing and check to make sure that you aren't full of shit.