Topic: Be Cautious of ► ► ► LEALANA PHYSICAL SILVER LITECOINS! (Read 54477 times)

No, I am talking about the hologram. It has to be unique so someone can't duplicate the coin and put no key under the sticker.

A scam is when you don't deliver what someone paid for. If the person knows what they're getting and pays you of their own free will, then it's a business transaction.

Yes, you did miss something. If it's not unique, someone can easily forge coins that have no LTC value.

And something is worth what people are willing to pay for it, something you don't seem to understand. If I charge $500 for virus removal and I have people regularly coming to me with their computers, enough for me to stay in business and make a nice profit, then THAT IS WHAT IT'S WORTH.

I wonder where cryto4rig went? He hasn't logged in for nearly a month! Seems like he suddenly lost all interest in the forum

Funded.  Mahalo again!

well my two coins just arrived in mail iam not complaning ...

transport took quite a while but from new york to denmark was really quick was expecting it in few days

pr00f:

I think this thread has taken a turn at "any publicity is good publicity???"

So you are talking about the key itself, while I was talking about the hologram design which covers up the key.  I see your point, but still don't think they could possibly be all that expensive.  No worth my money anyway 
No, that doesn't make it worth the price you charge, it just makes you a successful swindler. 

At the same stop they did, by having the same skills / certs required for that kind of work.  Come on, you're seriously trying to argue that a few mouse clicks is worth a couple hundred bucks just because some people don't know any better?  It's a bad analogy.  Not all techs charge that much for simple virus removal.  Just like taking your car to an auto mechanic.  If you can shop around and get a better price, you don't go to the guy asking more for the same work, but somehow he stays in business, because a lot of folks don't know any better.

Now, I know you are going to say that line of reasoning doesn't hold water because smoothie is the only one making these, and you're right.  But for the cost of his 1/2oz silver round, I can walk into my local coin shop and get 2oz of something else that is more likely to hold collector value to people other than fringe crypto nerds.  All I am saying is that people who might not know better should be aware that they are mostly paying for the coolness factor rather than any actual collectors value.  If buyers are cool with that, then buy away!

Maybe I really am stupid, but why?  Seriously.  The way I understand it, all the tamper proof hologram does is protect the key to the LTC that is 'on' the physical silver piece.  Does it really have to be unique for some reason I can't see, or did you just choose the wrong words for that?  I can agree that it is more costly, and more neat-o, but am I missing something that would make it really, absolutely required?

Calling someone a scammer based on price or possible future value of a product? Are you fucking 9 years old banana douche?

That's your view. I disagree. Whatever. 

Perception of what happened differs between two people.

You see it as I "ran to theymos crying".

I view it as getting goat's attention in the matter. Looks like I did. He stopped 

I know that this is true.


I noticed you never bothered to deny it. Are you saying that you did not ask theymos for help controlling trolls? Or are you pulling a Usagi now?

Ordered some Lealana litecoins, thanks OP!

lol just as I thought no information to base your claims on. Good job buddy! 

Glad I made you laugh.

You're right, you should run and tell theymos I'm being mean. LOL

You crack me up smoothie, made my night  .

Badbear do you even know what I sent to Theymos?

If not then you really have nothing to state your claims on. 

Classic. Smoothie gets trolled a bit and he goes running to theymos to save him.

What's the matter smoothie, can dish it out but can't take it? Don't be such a bitch  .

Yes, he did it in my thread. At the heart of the issue.

Why would I attack Coblee? The guy is a stand up guy, respectful, met him in person and know him personally. You on the other hand I have not, yet I get the gist we wouldnt get along much in person anyway. That is fine.

Nope. there you go assuming my intentions.

Intentions (crystal clear): were to get your attention to stop smearing your crap over my thread.

If Coblee already did it, how does your posts make it any more impactful?

I've stated people to really consider their purchase before purchasing.

Re-read my thread Goat, I warned people not to purchase my coins before considering the risks. Did you read that part of the thread or did you just assume I did not do that?

Coblee posted in a respectful way, unlike you. that is the difference, respect.

The point was to get your attention. And it looks like it did.

And now you admit...you were trolling in my thread. Now I am justified in my claims.

Goat no one is forcing you to take a refund. BFL forced people to take refunds. Your analogy is failed. Kinda sad really.

Anyone can be a scammer at any time. Yes. Do people have to trust me and buy my coins? No. It is very simple.

As far as standards go have you smeared any crap on Casascius' thread yet? Or wait is there a double standard when it comes to warning people about the risks of purchasing such coins?

Your bias can be smelled even through the internet.

I'm not the only one who outted your posts in my thread as retarded and irrelevant to the OP in my thread. Nit picking is not staying on topic. If you wanted to discuss my email address, my age, my personal info, create another thread for that or PM me if you feel it is that important.

I've been as open as possible yet you still find things to whine about. Then again some people choose to live their lives that way.

I'm not one of those people. 

Only for Goat given his fetish for whining about the smallest details that are very irrelevant to being legitimate vs. being a scam. Now that he has cleared his position up on whether or not he thinks I am a scammer, I would also think he would stop his whining about every little thing.

 

You were also the first to start whining about the most retarded things as well in my thread. 

Wait, Smoothie is offering refunds?

I generally believe that Smoothie will deliver. Although, I'm sure he is aware, as well as just about everyone else, that if he was in it for the long con, this would be about the time to bail. Although, self interest kind of prevents him from doing so if he isn't lazy. With people throwing cash at him hand over fist, he stands to make a better profit off of premiums that he gets by legitimately selling batches of Physical LTC.

Always bet on self interest.

Goat purchased two coins from me, claims to have issues that I might scam, yet refuses to accept a refund. Actions speak louder.

Talk is cheap. 

i'll vouch for smoothie.

these will NOT be a scam.

Just because some people are too willing to overpay, "the market" deems it "fair".  Hilarious.  Just like your computer technician example, I know better than the market in this particular case.  How exactly do I lose by not wasting my money on overpriced, useless, crap? I don't, but you win, more silly overpriced crap available for you to buy!   


Yes, cents.  Maybe you shouldn't believe everything you're told in the forums and research it for yourself.  You can buy nice tamper evident hologram stickers for real cheap, and I found at least one custom printing company that charges $65 for setting up your custom design on their printers, for smoothie that would be 6.5 cents + cost of plastic stickers + printers premium.  They aren't expensive, at least not enough to justify the 15LTC premium.  But they are shiny, so I'm sure folks will buy them anyway  lol

lol at a failed scammer calling smoothie a scammer.

i partially agree that the coins are a little overpriced. i hope he lowers the prices slightly on new runs. at the very least, he is offering a new and desired service. then again i also think casascius coins are a slight ripoff too lol.

Look at the bitcoin paper wallet.  0.1ish BTC for 10 hologram stickers shipped.  Sure, it may cost more to get a round one custom printed to fit the back of the silver piece, but expensive they are not, just because they are shiny does not mean they were expensive.

Good example, it proves that you are indeed missing the point. That is also a scam or ripoff IMHO. lol


I am not only looking at cost of raw materials, if you actually read my whole post.  I am not saying there should be no premium attached or that smoothie shouldn't make money on them, but he is asking far too much if you ask me.  I have seen others produce limited runs of custom designed silver rounds for $3-$4 over spot, and while the holograms may add a few cents to the price, they are still cheap and in no way justify the kind of price gouging going on with these things.

Are you actually Hydroponica?

Firstly, have actual proof of no-good if you are going to call out something as a real scam. I see someone making a product (that he has shown in picture to exist) and selling them for what he perceives to be a fair price. The market will decide if it is or is not.   

Yes there are many services that stamp custom coins, and like many other industries price only goes down with volume created. Doing this yourself for only a couple coins would likely cost you well over what Smoothie is charging for his, and perhaps not everyone is a designer or has any interest in going the DIY route that you think is so simple and easy (have you actually tried this yourself to have a basis for your slander?). Creating custom coins means creating the tooling to stamp/cast them, and this is never cheap.

I would assume Smoothie isn't making a million of these things, just a limited run. This "outrageous markup" is likely due to this fact, and wanting to turn a profit for his effort as well. And unlike standard coin stamps, these must also be hand encoded with a private key and loaded for another layer of work to be done. So no, not everyone does this. Physical Bitcoin/Litecoins are not run-of-the-mill coins.

Everyone knows Satoshi himself never stamped the first physical "Bitcoin", this is a mute point to make. These are simple paper wallets that happen to look like fiat coins and are made of precious metal. They are novelty items mostly for people who think it is cool to have coin they can physically hold, and be a conversation piece. They can also be a way of long term cold storage (paper degrades over time), though other methods would be more feasible and much cheaper to do the same job.

Smoothie is deleting your posts because YOU are a troll with a newjack account posting unfounded BS all over his thread, and this one, for no real reason.

The silver litecoins are probably not a scam in the sense of taking your LTC and giving nothing back.  I'm sure those who order will get what they paid for.

But for those who say 'well just don't buy them' to others who note that the price is incredibly high, are missing the point.  66 ltc for 2 coins / 1 oz of silver is very worthy of being called a scam, or ripoff, IMHO.  Subtract 20 ltc that you get back on the holograms and its 46 ltc, or currently about $107, for a single oz, with a current spot value under $19 on silver, these wouldn't go for more than $25 per oz anywhere else.  That would not fly in any other type of business, but for some reason it's ok here.  I just don't get it, I guess.

Yes, there is a cool factor that many people are willing to pay for, but anyone who thinks these will be worth more than they are paying now at any point in the future is sadly mistaken.  Look at the physical bitcoins for precedent if you must.  Lots of sellers on ebay trying to get rid of them, no real bids being made.

It's true smoothie can be a bit of a meanie sometimes but I believe he is doing the right thing here, please leave him alone.

I just noticed that Edit too. And if it's fake, pretty sure someone here would have confirmed it was. He also lives in the US. And pretty sure someone on this site has the resources to make his life miserable if he scams. Without his personal info, I would have waited until first shipment of coins. But I'll probably put in my order now.

There's no scam here. 66 LTC for a couple coins is nothing. That's like a days worth of mining (or less), if you were mining when you should have been.

It still parses to ...(it's easy to scam)...(here's some details)...(I do it all the time)...(it's easier with money).

Calling me a retard was a nice touch, though. Proves your casual superiority, amirite?

Not even that.

It's more like a scam warning.

Well, besides the fact that you have no real grounds for issuing a warning, this thread is better suited for scam accusations.

Lol  wow, read it carefully retard... How does that really matter, its not like he gave anyone his personal info, its not like these people buying these were there with him, and he can just say his account was hacked. He cant get in trouble for it, he can travel, leave. I do all the time, its not difficult, with money its much easier

Still dosent mean a whole lot, especially if your trying to pull a big scam, Im not saying he is, but... who knows.

I'm not sure that I've ever seen anyone volunteer for a scammer tag before.  Can we get a mod on this?


This whole thread is a teenaged cry for attention

.

Ok, pre-teen.

He makes a good point... How is it stupid?

So?

 How does that really matter, its not like he gave anyone his personal info, its not like these people buying these were there with him, and he can just say his account was hacked. He cant get in trouble for it, he can travel, leave. I do all the time, its not difficult, with money its much easier, just sayin.

I made the comment on his thread on why he is spending so much time arguing and posting when he supposedly is getting many orders, and he dosent know how many he has sold or how many he has left, sounds really sloppy..

 Your right, I have seen elaborate scams here before, and with all the hye buildup before this, why wouldnt he take it and run, 40ltc each, 950 coins, (if he sells all, doubt it)  I think almost any one of us would take it and run.

 + If he truly believed in it and believed in his good work, why would he self moderate his thread? I dont know.

Smoothie constantly deleting my posts instantly because he dosent want me to undercover his SCAM!  This is going to be one of the biggest scams pulled off here in a while.

 Think about it, he started the post a while back to gain interest and hype, he realized he was going to have a large number of orders right away, at 40 ltc a pop, why the hell would he even want to send them out, he will clean up.... think about it. ITS A SCAM

You just made yourself look like the world's biggest dickhead. Lmfao.

L O L   your kidding right, great, another one of you people. I still find it amazing that somehow you pizza faced kids sitting in your mothers basement with a raw dick from jerking it everyday to computer porn, still think that intelligence is somehow related or based on your "activity" number, or register date on a forum, LOL, thanks for the laugh.

You have 14 activity, you registered in May and most of your posts are bullshit (John K the troll? Bitch please.). Get the fuck out.

Smoothie actually seems serious with this, you realize.

There ya go  lol

thanks for the heads up! *heads off to order coins anyway...*

Do your research before sending a random troll on this forum all your personal information like your name and address. Something you should never do here, something that someone will probably use against you for any reason.

 Anyone can have a silver or gold coin stamped with and design or logo, Smoothie just decided to start making them and selling his own name and design at an outrages mark up.

 The casasicus Physical BitCoins, are not "original physical BTC" and these "lelena LTC coins" are not original either, because the developers of these coins did not make them, just some random user. Again, you can have your own physical cryptos made, out of any metal, hell make your own physical FTC if you want. You wont be paying as much as this guy wants.

+ You are paying for something with no guarantee your getting anything in return, so if you get scammed its your own damn fault, I have seen more elaborate set-ups from scammers, Do not give anyone on this forum your personal information!