Topic: ***500 BTC Bounty (Nearly $500,000 at mtgox price) *** (Read 6065 times)

No I didnt.. and for good reason cough scam cough.. how much money did you lose? :p

Credit where credit is due.  You guys hit the proverbial nail on the head with ole ScamBeck it would seem.

And can you believe it? After we called it a scam, it is now confirmed as a scam. Legal problems, lawyers, SEC, Scam exchange ........

These guys got more than what they bargained for.

Mods don't delete scam threads. As such, it's a good idea to say something when you see bullshit, and it's crucial for people to take responsibility for themselves. At the very least the policy cleanly divides greedy idiots from intelligent folks.

Anyway, OP, there's a reason sweepstakes are for mall courtyards and junk mail fliers. There's also a reason why actual securities don't list on cryptostocks. Take your sock drawer and see here.

Tell me what's the point of giving 500 btc as a bounty, not dividend?

Just thought I'd chime in here.  SBFS is doing well for a number of reasons imho:

1.) Recent transition to new pool went relatively smoothly and stability has increased quite a bit.
2.) Recent launch of SBFS Worldcoin to Fiat beta-coin service. (*signed up for this and will be giving it a go)
3.) Recent dividend (ummm...wow!!)

That's not to say I'm not worried about a number of things preventing this asset from reaching it's goal of selling that many shares:
1.) The overall valuation is pretty amazing
2.) Getting legal in all 50 states is a major undertaking (perhaps the reason for 1)

Do I think Scharmbeck can pull this off?  Not sure, but I've picked up a few shares just in case he/she does.  My better half (german/Italian beauty that I totally don't deserve) says going with a German is my best bet.  She says I need to get my s!@# organized and who better to help with that.  (Making an assumption here based on the name so please forgive if wrong, no disrespect meant).

The fact that SBFS hasn't done any share price voodoo so far as I've been involved with them speaks volumes to me.  This seems to be a rare thing nowadays.  

Anyhoo, in summary, I've purchased a number of stocks thus far on crypto::stocks and I have to say, the vast majority of them are bogus.  Either downright ponzi, complete vapor, or somebody's great idea that has virtually no skill nor any dev. support.  Scharmbeck appears to be none of these negative traits thus far (knock on wood).  Yes, it's a risky investment, yes high valuation and all shares might not sell...but what if?!



*Yes, I do own a few shares of SBFS, so far I'm down nearly 45%, I'm betting this will improve.

So some reactionaries are saying that paying out a fraction of your holdings for marketing is a ponzi scheme.  This ponzi scheme also has a fake birth certificate and was born in Kenya.

The only thing more annoying than real conspiracies and corruption are conspiracy theorists...immoral vs stupid.

I hope the winner donates or does something good with a portion of the money.

I don't understand why this scam thread, filled with "enthusiastic" newbie sock puppets, is allowed to exist on a forum other than gambling or lending (which should rather be labeled "scam").

And as another previous post pointed out...

"Tolega, do you understand how much capital reserve is required for a site like Scharmbeck to operate within U.S. Federal regulation?"

You have failed to even try to answer this question while repeating the same premature propaganda.

You are right. They are offering a lot, but that will only happen after they are given a lot x10. As previous comment have stated Ponzi schemes always offer people a lot but only i they get a lot many times over.

Another post correctly pointed out. This company is valuing itself 4x higher than the currency they are said to deal with.

What is this spam doing in the Service Discussion forum?

It's ironic that people talk about a pump and dump and then call this a ponzi scheme.

It makes me realize the even the people who complain about pump and dump don't even understand the mechanics to begin with; no wonder they complain.

Regardless of what you think of this type of marketing, 500BTC is a life changer, and if you think Scharmbeck is a ponzi scheme then I advise you find a non internet interest to dive into because internets are hard.

500 btc is a lot...

500btc is not a small amount so it is worth giving a try. nice idea which will bring 1 lucky btc winner

All you say it is great, it is huge. Talk with your wallets, not with empty words.

man that is huge!

For what it's worth, I think it's great idea. Thank you guys (SB) for the fresh ideas and the active development.

Thanks, I actually did miss it at first And great post about the negativity, beneliath. Well said!

Another bump incase anyone missed it

it's not a ponzi. =P FACT. delete that.

I don't understand the negative reaction to this.  They are giving away half a million dollars two months after people have been using Scharmbeck, and clearly liking it enough to raise the stock from .005 to .04. 

I'm not affiliated with WDC but I use Scharmbeck all the time and it works great.  Everything they are doing falls within Federal guidelines and they've been completely transparent from the beginning.

How can you guys hate on this? They are giving away a half a million dollars!  Go WDC!

Been holding for a while and will continue. Now just hoping and keeping my fingers crossed....

TL;DR:

You're insanely jealous that you didn't get in early.

No worries DeathAndTaxes, I would be too!

SBFS are above 0.04 now...

Unfreakingbelievable.

Couldn't be happier.  (oh wait, I will be happier when they hit 0.05, and we see those juicy dividends )

on the fence about Scharmbeck being able to deliver?

-stay tuned for SBFS's dividend this Friday paying on Scharmbeck beta activity from 20 December thru January

-watch for launch of new Worldcoin service in the next 2-3 weeks that will make it easy for anybody's Grand Mother to buy Worldcoin (not a naked announcement; will be a fully launched service in 2-3 weeks -- "All hat, all cattle!")

or consider buying at least 1 feeshare to be a part of this cryptocurrency event (perhaps historic)

to the extent that it gets more eyeballs on Scharmbeck and Worldcoin, bashing is fine too.  if Scharmbeck can't survive criticism, it shouldn't have a seat at the table.

we could have hired a high-priced marketing firm to help get more eyeballs on Scharmbeck and Worldcoin, but we considered the 500 BTC bounty to be a more efficient way to get the word out and to reward the community (the prospectors) instead of the establishment (the guys trying to sell the pickaxes and shovels).  we feel good about the decision that was made and have every expectation that anybody invested in Worldcoin and Scharmbeck will appreciate the result.  there is definitely blue sky on the other side of second round SBFS feeshares that people will see very soon.  the rest is just connecting the dots -- and it is ok if you haven't connected all the dots yet and need to go thru a process that involves at least some criticism in order to be convinced.

so the absolute best result for Worldcoin would be:

if you like the bounty contest, tell other people that you like it; and

if you hate the bounty contest, tell other people that you hate it ... but just be sure to mention Scharmbeck and Worldcoin when  you do.    

Great! super exciting! best! can't wait! .... just pump it up !

Great promotion!  Worldcoin has the best community.  This is super exciting.  I can't wait!

Nobody is being dishonest.  This is round 2.  Round one sold out months ago and scharmbeck.com is being used actively everyday. There's also a pool if anyone did not know: mineworks.co, where all profits go to SBFS holders. 

Email [email protected] if you would like to join Beta and try it out first hand.

Sad effort at getting bitcoins out of people. Be more creative next time, or perhaps just plain ... honest

Tolega, do you understand how much capital reserve is required for a site like Scharmbeck to operate within U.S. Federal regulation?

The funniest part is that the "service provider" (aka ponzi provider) values itself at 4x the value of the money supply it is providing services for.  That would be like bitpay valuing itself at $50B or PayPal valuing itself at $80 trillion dollars. 

How right you were I bet you never thought you would see those types of numbers along side the name worldcoin did you?

I always knew worldcoin was overvalued

ponzi

They are valuing a company out of thin air in 1,000,000 x 0,05 btc (Yes BITCOINS, not cents).

A company with no assets, no strategic patent, product or any kind of monopoly is being valued at a bargain of 50,000 Bitcoins.
You read correctly, nearly $50 million dollars for penny stock company. Take it or leave it.

You guizzzzze are funny.


EDIT: I think someone has watched The Wolf of Wall Street one time too many

I don't any one is going to invest it this it's quite obvious what they are trying to do.

We only need to find investors to invest a total of 5000 BTC in a company made out of thin air to get the possibility to have a small chance to make 10% of it.
hmmm.....

hodling..

Just in case anyone on Bitcointalk missed it, new info just released:


https://scharmbeck.com/


Scharmbeck Announces 500 Bitcoin Bounty
Scharmbeck is offering a 500 BTC bounty (currently, $485,000 USD equivalent; ref. www.mtgox.com) to celebrate meeting beta test, marketing and social media goals!

Rules for collecting the bounty:

1. A randomly selected Scharmbeck Feeshare (SBFS) holder will be invited to perform the simple bounty task within seven (7) days of Scharmbeck selling out second round SBFS shares on the Cryptostocks exchange (https://cryptostocks.com/securities/60).

2. Eligible SBFS holders must own at least one (1.0) full Scharmbeck feeshare (SBFS) at the time of the random drawing.

3. Eligible SBFS holders must have enabled the ‘Disclose my email’ checkbox under the [Account] [Settings] [General Settings] of their cryptostocks account (https://cryptostocks.com/settings/edit) prior to the drawing, and the email address corresponding to their cryptostocks account must be a functioning email address capable of receiving notification of selection.

4. Each Scharmbeck feeshare (SBFS) owned comprises a 1-in-200,000 chance to be selected to win the bounty. The more SBFS you own at the time of the drawing, the greater your chances to be selected.

5. The drawing will be videotaped and witnessed in live attendance by two members of Scharmbeck, one member of the Worldcoin Foundation, and one active member of the freenode.net #worldcoin IRC channel community.

6. Members and employees of Scharmbeck, and their immediate families, are not eligible to be selected.

Scharmbeck is the leading online service provider for Worldcoin cryptocurrency services. Of all available cryptocurrencies, Worldcoin was selected for its Bitcoin-like security features, its robust reception and support by the mining community, its rapid transaction confirmation times (critically important for acceptance and use in commerce), its mining and reward dynamics, and its early adoption growth potential.

Worldcoin is a decentralized, peer-to-peer digital currency whose creation and transfer is based on open source encryption protocols. Worldcoin is similar to, but significantly improves on Bitcoin. The Worldcoin network will produce thirteen times as many currency units as the Bitcoin network. When the Worldcoin network has fully matured, Worldcoin’s improved transaction features are expected to allow Worldcoin to achieve a parity market valuation of at least 0.077 BTC per Worldcoin.

SCHARMBECK, LLC