I tried to move my Cash balance to the Ripple exit and the website told me the option is disabled.  It worked over the weekend, and I did get my Ripple cashout Monday morning.  Opened a help ticket.  I don't foresee that being answered..

No earnings where reported for today.. For the first time ever.  That is a pretty bad sign..  If arbitrage is what they do, and they have this supposed staff of 8 -- then they are not completing their main daily task.. 

I feel bad for Mr. Opperman..  I wonder if that slow sinking realization is starting to settle in yet that he is all alone?  That all of his naysayers where right all along?   Maybe not..  But that is where my imagination takes it..  Time will tell.  Tick-tock tick-tock

I have both Thomas Opperman and Michael Brandenburg on skype personally, and have spoken to them via these accounts

Does this mean they will continue payouts today?

Rammy2k2,
keep us posted on what you see on their fb page, most us have been censored on their page by being banned by that jackass opperman.

To play Devil's advocate - there may be a possibility not yet considered. It is conceivable that they may not be trying to raise capital, as per their statement on the BTbiz site mentions:
"Bitcoin Trader was created by a group of Bitcoin geeks, with the vision to offer ordinary people the opportunity to earn a substantial and sustainable passive income."
It may be possible, and I hope it is, that they are simply sharing profit and not trying to raise funds for something else. They could simply be nice guys, who found a way to make some money, and are happy to share the wealth to whomever puts a little faith in their plan.
Again, just playing Devil's advocate - not being naive. I have money invested with them and stand to lose if it's a scam.

At this point I wouldnt be surprised if BT do a Mt Gox in the coming week... With no info on this Audit, and the website going down twice in the past 2 days, Im kind of expecting the email that says "oops we got hacked, your money is gone, k cya bye"

So it's gone down again apparently ...

I have a question - how is it that the returns are so consistent? With manual arbitrage trading I would expect greater variation in the rate of return. No one knows for sure what direction the market is going to head at any given moment (if they did, they would be a multi-billionaire) so there is always an element of luck involved. How is it possible that bitcoin-trader traders consistently achieve daily returns of between 0.5 - 1% ?

It would make more sense (and seem more legit) if, say occasionally we say 2%, then occasionally a negative return. Particularly during periods of high volatility. 

I'll give 1000$ for evidence that it is not. Because if its not, and i can safely invest all my money there, then after a year of reinvestment I'd have passive income enough to live the live I always wanted. You wont believe how much i want it to be a true business (i think the fact that i'm spending this much time on this is a clear indication for that)

But the problem in my case is that my greed often failed me, because i was relying on lack of evidence that something is a scam instead i should rely only on facts that it is not. And unfortunately there are no facts, right now I dont see any legitimate business to earn passive income buy investing my money.

So why cant Michael Brandenburg skype with other members or do a pre recorded video for the group? You saying you "skyped" with him is like saying you met an alien at this point...



Like Msarro, I have kept tabs on BT like a crazy stalker, and not once have I seen any of these "photos" you speak of..

As for the Audit, the last piece of information that was released was that "john carley" was choosing an auditor.. We never found out who he actually picked.

I also want to point out that I find it awfully suspicious that you would want to keep the company conducting the audit "anonymous". Im pretty sure I read somewhere that "John Carley" has worked in finance for many years and has experience in Auditing... Who's to say he isnt conducting the audit himself and choosing what to publish?

I believe the excuse given by Thomas Opperman in the facebook group as to why the companies name couldnt be revealed was so they wouldnt get "bombarded with phone calls"... Seriously? isnt that what a receptionist is for? besides, why does BT care about the phone bill of some random accounting firm? leave that to them to deal with...

OK so the conclusion is BT is a scam as well...

Bullshit. Bitstamp creators Nejc Kodrič and Damijan Merlak work with much larger amount of BTCs than you and they are real persons living a few kilometres from my place in Slovenia. And they don't get hacked, because they made all the security measures when designing Bitstamp. So could you.

As of writing this the page is up again

I was requested to come here ans ask BT representatives some questions. I think this is a nice chance to finally get an answer on some stuff I've been pointing out for months now.
First of all, I feel like there is not enough effort being put on proving that the company is actually generating profit. I know there are two options to invest the pool and arbitrary trading. BT has no excuse about not showing public proof about either of those and I'll tell you why.

First of all, if you own mining equipment that is pointed toward a pool, you can just show people the address that you collect the coins at or alternatively to show a picture of the rigs (if BT is the owner of them).

Now it's a bit harder that there's indeed profit from trading, but you can at least show your users the trades. I'm sure that you're already aware how big traders prove to their investors that their profit is indeed being generated from trades. Since all of your investors come online to check their investments this would be even easier for BT. Instead of just following the Cristine Madoff tactic and only showing trading results, you could also show them the trades that resulted to the daily profit. Some traders have used twitter as a platform for recording their trades and using it for  future proof. (You'd need to do this in life time, so maybe a bot connected to your trading accounts would be better.)

So there you have it, ways to prove that both your investing options are not ponzis. What's your excuse for just presenting the end of the day results?

Also, why is there a shadowscripts logo in BT's about page? You know those guys sell HYIP scripts right?  

Hi Thomas,

I ve been with Bitcoin Treader for almost 6 months and ve been quite happy so far. I can understand the need to keep things private when dealing with large amounts of BTC but I can also understand the desire of lots of potential BT users to get more info about it. There s been a lot of scams online and it has been quite difficult for people to differentiate junk from the real deal. Once more, IMO, I have had great journey with Bitcoin Trader so far and I hope it ll stay profitable for all of us.

A quick question, when you say you are an BT employee, what does that exactly mean? You have some kind of full time contract with them?

Hi Andrea.  Thanks for coming to the thread.

One question I have had for a long time is whether or not you can say you have personally met (face to face and not using video chat) John Carley or anyone else who is a non marketing employee of the company?

I haven't kept up with the discussion in the past few weeks but one thing that never seemed to happen is that the people behind the company (the administrators/programmers/bankrollers) ever had any verifiable presence, just representatives who had never met their employers.  (If this has changed in the past few weeks, please clue me in and I apologize.)  Regardless of whether the company is a ponzi or not this just seems shady, especially considering how long its been going on.