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Bitconnect has been getting a lot of attention lately but the main problem I have with it is the fact that I can't find definitive proof that the trading bot exists. I know based on my limited knowledge of algorithmic trading that it is indeed possible to generate risk free interest from volatility, but it's almost like a magic formula, it requires a lot of liquidity, and once the volatility is gone so is that risk free interest.

The magic formula for those who don't know is called the black scholes equation, which is the equation used by quants to generate risk free interest in volatile markets. The unique thing about Enigma Catalyst is anyone can set up a hedge fund which we can pool out money in which trades by bot, but with complete trust and cryptographic purity which we don't get with the opaque Bitconnect.

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