Topic: - - page 3. (Read 5230 times)

I do not escrow for any transactions over 0.15, Seb is a good choice.
Considering you are willing to refund I believe a feedback is not necessary, or if requested by an "investor" a neutral.

Disregard my disregard PM then
Will fund the address with 0.2 bitcoin as soon as possible.

Zeroxal asked me to provide an escrow address to keep 0.2 bitcoin.

So here it is:

The escrow address is: Please ONLY send to an escrow address i sent you directly. Dont send to quotes the seller claims i wrote. Only if i send you the address directly its ensured the address is correct. I will attach a signature whose message contains the escrow address, signed with an old address of mine, i posted may 2013 on bitcointalk. See my Servicethread: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

Before payment i would suggest you take a look at http://www.cointape.com/ to check out if the network gets spammed again. Below the graph there is shown what amount of fee is needed to get instant confirmation for a normal transaction, which means a transaction with coins coming from one address, and going to two addresses. That would be the target address and the source or a change address where the remaining coins are sent to. Checking that page could prevent that transactions are stuck for hours or days because they dont get a confirmation.

The payment of the bitcoins can be found and proved the fastest way through blockchain.info or automatically by email through bitcoinmonitor.net.

In case signed messages has to be verified, then its the fastest to visit http://wallet-2sx53n.sakurity.com/#verify. Then you can proove fast if a signature, given by me or the seller, is correct and so you know that the address is controlled by the one giving the signature.

Escrowfee is donation based... see my donation jar in my profile page... (Left side of page... click on my username) or simply scan the QR-Code from my avatar picture.


Message signed with an old address of mine, that i posted may 2013 on bitcointalk. See my Servicethread: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

I could send the 0.2 bitcoin directly to you. Send me your address (here) and ill fund it with 0.2 btc and leave you a small tip.

EDIT:
Once again. I didnt suspect it to be a ponzi at first, because of his service provided (trading method, botnet setup etc). After I have seen suspicious actions I instantly closed new investments.
Maybe youll still call me a ponzi promoter. Its up to you.

Fair enough, if the refunds are delivered I'll let this issue slide by.
How many of them does he have? A 100? A 1000? An average computer(which I believe most of the bot-nets consist of) delivers 10-15H, taking the current mining difficulty, I'd be surprised if it makes more than $10 in a week.
The time you try helping the others from getting scammed, you're blackmailing. Well thats bitcointalk for you.
Nobody was promoting it(the scheme), nonetheless I'm pretty sure you haven't mentioned it before .
Perhaps, but this would be better don't you think "Aiding a ponzi by promoting it, untrustworthy individual."

To announce officially:

I will close this service after the last investments has been paid back. Thanks for the business.

@mexxer I have updated my above post in response to your post.
BTW, youre basically just "blackmailing" me with your whole neg-tag thing. In your theory, you also should neg-tag every single investor here, as every one of them knows that lottomax owns a botnet and still invested. I will provide a list for you if you request
Did I scam? No - So please leave me a neg-tag with the desciption: User giving away free money with his investment scheme. Thanks

Probably is not the right word here mate. Definitely need to stop it.

Good decision!
At least I want my hard earned money back.
With or without profit doesn't matter.

Sorry to say but I will also not invest here again after this time.



So he is losing actually.
Balances in all three wallets are going down.

He has over 10 addresses, each holding approximately 15 bitcoins. I'll give some examples:
https://blockchain.info/address/135NWFvm2rDePUK74bCUfbogu1zTSJEU2z (his first address used, only has 2 btc)
https://blockchain.info/address/1JKBakJCqgciX9b9XbGjaeC1A14BzjvArV (another alternative address)
https://blockchain.info/address/1FX4fnxikvhhK3cSxiuX9MkRPqpLJAr6Hz (address he has been using recently)

I will probably stop this service after I have paid back the current ones.

1. I dont have the funds, lottomax has the investments. If he runs away, I dont have any investment in my wallet.
2. I can send 0.2 bitcoin to one of the escrows if the investors want to. Right away.
3. I know lottomax owns a botnet and can make lots of money with its mining power. He also has very good experience in trading altcoins. You can look it up at HF.
lotto has tried to sell his knowledge at first on HF, but then decided to open an investment service, because his lack of funds at the beginning
4. I have closed new investments immediately after suspiciouns turned up, and I didnt promote it further.
5. My account might have a worth of 0.14 btc here at the marketplace, but its my only account. I also have another account on HF, with 110+ reputation and Ub3r membership, which means if I scam here, both accounts would be worthless. This account is currently enrolled in the betcoin.ag sig campaign, with over 150 posts this month, Ill get 0.15 btc on 02/01/2016. You can contact roslin to seize that if I dont pay back the investments, which are due to tommorow.

And you still promote it... I see little difference between you and the (frowned upon and negged) ponzi sig promoters.
You will continue promoting this crap scheme if more seeding money arrives and it appears that the ponzi is not saturated enough? Perhaps I was not wrong in thinking a neg is well deserved.
Considering the mayhem of refunds not being done yet, it was a bad idea to start with , with or without escrow. Explain "escrow will then release the funds until I send him his profit" , so escrow will release payment to you/ponzi and then the participants will get their "investment"?
That is pretty much what every failed ponzi has claimed
Bot-nets as in hacking into other people's computers and using it for unknown(to the user) reasons? Another reason a neg is deserved
Nope your reputation is worth about 0.14 along with your account in my book, I don't even consider mine to be worth more than 0.3
Nonetheless, you did promote the ponzi in the first place.
I will be making sure you will be neg-tagged in case:
1) You continue promoting this even if it does pay later
2) The refunds are not provided.

Okay no problem. At least 20% profit is enough for me.
So only two days left I guess for my return right?


Obviously this is a ponzi according to me and all that 'altcoin trading', 'mining' and all are nothing but bullshit.

But I considered investing here for the first two times because I was carefully tracking all the addresses involved in it and if you look closely you will notice that this address (https://blockchain.info/address/1FX4fnxikvhhK3cSxiuX9MkRPqpLJAr6Hz) is probably the address of Lottomax and since he already has 18.8667998 BTC I felt this is the right time to make some profit if possible.

Eventually it will become zero (because - https://blockchain.info/charts/balance?address=1FX4fnxikvhhK3cSxiuX9MkRPqpLJAr6Hz) and at that time Lottomax will have nothing to do but to hide. At that time the whole ponzi will be considered as 'saturated'.

I can give one advice to op is that he should stop his own partnership service right away when he notices that there is significant lapse in Lottomax's wallet. That way you will not experience any loses.

Like said, I have no idea how lottomax manages to make that profit. Maybe he is running a real ponzi scheme. That's why I won't take any further investments until I have paid back the current investors and I will do further investigation too.

People can invest by depositing his money into an escrow. The escrow will then release the funds until I send him his profit.

I already  said that mining doesn't give that profit. Trading plays the biggest role here.

I don't know where the mining comes from, but I suspect it to come from a botnet, as lottomax has once offered his botnet-setup services.

I don't have the funds in an escrow, I have it in my wallet. Currently, there is about 0.2 btc invested in the investment. And I don't think scamming for such an amount would be worth to lose my account and my reputation here.

To be honest, I'm the highest risk taker here. If lottomax turns out to be a scammer I would lose my investments in him (1btc+) plus the guaranteed loss recovery (0.2 btc)
I know the suspicions, and I already am considering to close this service.

1) Explain the role of escrow here
2) How do you guarantee that the "investors" will be refunded(with profit as you claim)? Do you have enough amount under the control of a neutral party?
3) Is question two in anyway related to escrow.
4) There is no way in heck mining can get you that amount of profit in that time period.
5) "Altcoin trading" is a commonly used term for noobs to describe their money is going in a ponzi

@Everyone, you do remember scrypt, that joke of a "investment" Primedime, cloudminr.io and countless other ponzis that did return your "investment" with profit before their seeding money was emptied and they were fully saturated right?

@OP, considering you do not have any information as to how the profit is derived, where the mining power comes from(could also come from a legit source which is being funded by the ponzi's seeding money) , I feel a negative for you is well deserved.

Well, as I am personally taking a big risk covering your losses, I think 20% for my customers is a fair profit. You can choose to invest to lotto directly, but I won't have any responsibility for your losses.

Zeroxal, stated that he will cover any losses if lottomax will ran away, so i guess it would be a fair deal in my opinion but you have to trust him for it.

Recently I joined on trustforums and saw the thread but he is giving 25% profit plus extra bonus.
And I got only 20.78% in my last investment.


So I reinvested 0.1 BTC will I get 0.1 + 25% = 0.125 BTC within 2 more days?

Since I am a returning customer so please consider paying 25% profit

His thread is here: http://trustforums.com/index.php?/topic/23-bitcoins-mining-and-trading-profit-guaranteed/

Uff! Thanks for giving us relief to some extent.

Since my first investment was quick and smooth so I though of investing more this time and after hearing what james.lent said I was really shocked.
Lets hope we get our investments back like the last time.

I know omni is very strict in his forum and so I dislike going there.
There are so many ponzi schemes opening up and sometimes omni overlooks them. Why is it that he banned lotto anyways? Might be he logged in with a different IP address and omni might have banned him for that reason.

Can you show me the link to his thread on trustforums.com?

Guys, calm down.
Lotto has always been fighting against omni on Hackforums. He got banned 2 days ago because Omni didn't belive his whole mining/trading thing.
Since he was banned, he opened his own forum: www.trustforums.com

I know the struggle, I thought I got scammed too when he was banned. But I still got my 0.3btc investment back yesterday. I reinvested 0.3 btc into him. I have always been suspicious about his methods, but he seems to make business over hundreds of bitcoin every day. Many investors invest over 10 bitcoins.

Well, I won't take any investments until I have paid the users that invested to this date. I don't want to make such a drama.

Thanks

Wow I was about to reinvest, as I got my first payment.Thanks for Heads up guyz.
Will wait and see if he is taking more investment or not.I am sure that if lottomax scammed him, he will pay from his pocket. He is really nice guy.