Topic: BitBay | Decentralized Marketplace | Unmoderated Thread - page 10. (Read 52771 times)
+1
David,
Since there still seems to be the attitude that this turd can be polished into a diamond somehow, let me lay this out so you can possibly avoid making the same mistake twice in a row.
You knew you were getting paid in BAY, you knew Steven and Lin were getting paid in BAY and you knew that Bob and Ryan were getting paid in BAY. Forget the BTC... just think about that.
This is nowhere near the situation that I think you see it as being (which is why I'm bothering to post this in the first place). If this were a case of a .44B premine and an ICO for the difference (560M BAY)... then it wouldn't be as big of a deal. Of course, it would have been harder to sell those 560M BAY but they would all be clean funds - as all investors would have known the distribution and risks. What happened was that the funds from the ICO were used to buy free BAY for yourselves with investor BTC... and then keep the BTC that was used. Then, irrespective of milestones, the funds were immediately disbursed (a big chunk of which we know of - but the rest we don't).
The bottom line is this: Bob and Ryan are crooks and market manipulators... but so are Steven and Lin (and you, but you don't see it that way) - because this couldn't have been pulled off at all without BTER's full cooperation in the scam. So just because you cleaned house (which you didn't, since they were the ones that actually were the whistleblowers - ironically on themselves actually) doesn't mean it's CLEAN at all. As to whether the other two guys and yourself are just clueless about markets, or just think it's a harmless "shuffling of funds" or not... it doesn't matter.
If you help get the price back to ICO prices - what does that accomplish? If you get the markets working - what does that really change? Even in that scenario, the best you are really doing is improving the already tainted proceeds for the guys that set this up in the first place! There is no 'protecting the investors' in this scheme... and what does that do for those of us that already dumped long ago anyway? If you were really interested in protecting anyone other than yourself - you would have called it out during the ICO - so that remediation could have occurred.
Unfortunately, now for many (myself included) it wouldn't matter if you make the worlds greatest market ever seen - it won't change the fact that this was a BTC-churn scam of epic proportion (call it money laundering, call it 'creative accounting', whatever).
What you should have done is what I did... even though I bought my BAY with my own BTC: I dumped mine at the lowest price in the past 4 days. Stupid for a trader I know, but after realizing just how much of a scam this was... I wanted at least the ones that bought my 2M BAY to get in at rock-bottom prices - and hopefully they got back out with ~1BTC in profits today. In reality, what I should have done is moved them to a wallet and deleted that wallet so at least I could help the distribution - that's my bad. The BTC doesn't matter, I've got plenty more (and due to what you guys and others are doing to it as well as to BC and other alts) I don't see it being around too much longer either. Or at least not at anything north of $10 that is.
TL;DR (in case you missed it again)... you cannot possibly polish this into a diamond - or even a slightly shiner piece of crap even. Let it die the death it deserves, resign your position in BC, and then develop Halo/NT into what you claim this could have been. In 5 years or so, if any of this is still around then, you might still be seen as being a great dev and constructive influence on crypto, who just had really, really poor judgement.
PS - Thought this was funny when I re-read my post... I said "even though I bought my BAY with my own BTC" in referrence to your BAY... but then the humor struck me... actually you also bought your BAY with my BTC.
Since there still seems to be the attitude that this turd can be polished into a diamond somehow, let me lay this out so you can possibly avoid making the same mistake twice in a row.
You knew you were getting paid in BAY, you knew Steven and Lin were getting paid in BAY and you knew that Bob and Ryan were getting paid in BAY. Forget the BTC... just think about that.
This is nowhere near the situation that I think you see it as being (which is why I'm bothering to post this in the first place). If this were a case of a .44B premine and an ICO for the difference (560M BAY)... then it wouldn't be as big of a deal. Of course, it would have been harder to sell those 560M BAY but they would all be clean funds - as all investors would have known the distribution and risks. What happened was that the funds from the ICO were used to buy free BAY for yourselves with investor BTC... and then keep the BTC that was used. Then, irrespective of milestones, the funds were immediately disbursed (a big chunk of which we know of - but the rest we don't).
The bottom line is this: Bob and Ryan are crooks and market manipulators... but so are Steven and Lin (and you, but you don't see it that way) - because this couldn't have been pulled off at all without BTER's full cooperation in the scam. So just because you cleaned house (which you didn't, since they were the ones that actually were the whistleblowers - ironically on themselves actually) doesn't mean it's CLEAN at all. As to whether the other two guys and yourself are just clueless about markets, or just think it's a harmless "shuffling of funds" or not... it doesn't matter.
If you help get the price back to ICO prices - what does that accomplish? If you get the markets working - what does that really change? Even in that scenario, the best you are really doing is improving the already tainted proceeds for the guys that set this up in the first place! There is no 'protecting the investors' in this scheme... and what does that do for those of us that already dumped long ago anyway? If you were really interested in protecting anyone other than yourself - you would have called it out during the ICO - so that remediation could have occurred.
Unfortunately, now for many (myself included) it wouldn't matter if you make the worlds greatest market ever seen - it won't change the fact that this was a BTC-churn scam of epic proportion (call it money laundering, call it 'creative accounting', whatever).
What you should have done is what I did... even though I bought my BAY with my own BTC: I dumped mine at the lowest price in the past 4 days. Stupid for a trader I know, but after realizing just how much of a scam this was... I wanted at least the ones that bought my 2M BAY to get in at rock-bottom prices - and hopefully they got back out with ~1BTC in profits today. In reality, what I should have done is moved them to a wallet and deleted that wallet so at least I could help the distribution - that's my bad. The BTC doesn't matter, I've got plenty more (and due to what you guys and others are doing to it as well as to BC and other alts) I don't see it being around too much longer either. Or at least not at anything north of $10 that is.
TL;DR (in case you missed it again)... you cannot possibly polish this into a diamond - or even a slightly shiner piece of crap even. Let it die the death it deserves, resign your position in BC, and then develop Halo/NT into what you claim this could have been. In 5 years or so, if any of this is still around then, you might still be seen as being a great dev and constructive influence on crypto, who just had really, really poor judgement.
PS - Thought this was funny when I re-read my post... I said "even though I bought my BAY with my own BTC" in referrence to your BAY... but then the humor struck me... actually you also bought your BAY with my BTC.
I'm talking wallets here. Preferably addresses but failing that, exact amounts.
I'm pretty sure they sold most of those coins.
Do you have an estimate how much is left to sell?
Are you ever planning on making the code open source?
I think that's a very relevant question. If only out of emotional reasons people wouldn't want to see these guys profiting on the back of a Bitbay revival.
He has already replied.
Halo is obfuscated however, i can give it out for building purposes. Am thinking of putting that on github. Its been around for a year.
I'm going to open source when i finish my dev work and open it up to other coins.
I'm thinking they sold it all and moved on.
I'm going to open source when i finish my dev work and open it up to other coins.
I'm thinking they sold it all and moved on.
I'm pretty sure they sold most of those coins.
Do you have an estimate how much is left to sell?
Are you ever planning on making the code open source?
I think that's a very relevant question. If only out of emotional reasons people wouldn't want to see these guys profiting on the back of a Bitbay revival.
Halo is obfuscated however, i can give it out for building purposes. Am thinking of putting that on github. Its been around for a year.
I'm going to open source when i finish my dev work and open it up to other coins.
I'm going to open source when i finish my dev work and open it up to other coins.
Thanks, any estimate you have how much time it will take?
I stayed out of this ICO as it looked very bad to me, but the project you have is very useful. If you release it for all it would be great for all.
I'm back to work on it immediately. Will message you a summary.
Halo is obfuscated however, i can give it out for building purposes. Am thinking of putting that on github. Its been around for a year.
I'm going to open source when i finish my dev work and open it up to other coins.
I'm going to open source when i finish my dev work and open it up to other coins.
Thanks, any estimate you have how much time it will take?
I stayed out of this ICO as it looked very bad to me, but the project you have is very useful. If you release it for all it would be great for all.
I'm pretty sure they sold most of those coins.
Do you have an estimate how much is left to sell?
Are you ever planning on making the code open source?
Halo is obfuscated however, i can give it out for building purposes. Am thinking of putting that on github. Its been around for a year.
I'm going to open source when i finish my dev work and open it up to other coins.
I'm thinking they sold it all and moved on.
I'm pretty sure they sold most of those coins.
Do you have an estimate how much is left to sell?
Are you ever planning on making the code open source?
Apologies if I sound crass, but is there a tl;dr version of what happened with the ICO/IPO if BitBiay and what the complaints are? These threads are too long.
Best TL / DR so far of this whole sorry mess (from Barrabas):
Remainder for those who insist on not wanting to keep track:
-- The chinese crooks, Lin and "Steven", still own around 400 MILLION coins
-- Zimbeck the Turd still owns 100 MILLION coins. He also has collected around 300 BTC so far.
-- Bob the Rat and Ryan the Weasel, not only have walked away with roughly 1,000 BTC altogether ALREADY, but the still hold approximately 40 MILLION coins.
Do with this info whatever you please. You are dealing IN ALL CASES, with the worst scum on the face of Planet Earth.
Of course it isnt normal! It is raw thievery in fact. Precisely the purpose of an ICO is to FUND THE PROJECT, not to LINE GHE POCKETS of the devs. It is generally accepted though that honest devs (what a laughable conceot, by the way), will pre-mine or "buy" in ICO/IPO, up to 1% of the coin. Anything beyond that is simply a scam by whatever definition. Devs gets serious profit ONLY if coin successful and then no more than many other investors that risked their money supporting and msking the project possible. Simple as that.
I'm pretty sure they sold most of those coins.
Apologies if I sound crass, but is there a tl;dr version of what happened with the ICO/IPO if BitBiay and what the complaints are? These threads are too long.
Best TL / DR so far of this whole sorry mess (from Barrabas):
Remainder for those who insist on not wanting to keep track:
-- The chinese crooks, Lin and "Steven", still own around 400 MILLION coins
-- Zimbeck the Turd still owns 100 MILLION coins. He also has collected around 300 BTC so far.
-- Bob the Rat and Ryan the Weasel, not only have walked away with roughly 1,000 BTC altogether ALREADY, but the still hold approximately 40 MILLION coins.
Do with this info whatever you please. You are dealing IN ALL CASES, with the worst scum on the face of Planet Earth.
I delivered the smart contracting wallet. And I plan on continuing to deliver. This thread is a paid FUD thread. You are a Hero member, this should be apparent to you.
I dont believe its true. If I had that kind of money I wouldve gone for some pretty chicks, not the ugly ones in this picture.
Thats a bit below the belt is it not ? No need to get personal about innocent civilians caught up in this mess.
Lighten up!
Still waiting for the organizational flow-chart of shame 
I need a Interstellar type cross chart.
Apologies if I sound crass, but is there a tl;dr version of what happened with the ICO/IPO if BitBiay and what the complaints are? These threads are too long.
The tl;dr varies depending whom are you listening too. There are a lot of shills in here too so its difficult to sort out.
As far as I understand, the BitBay team used their own funds to pump up the ICO, and after that fell out over ways to divide the BTC raised.
Apologies if I sound crass, but is there a tl;dr version of what happened with the ICO/IPO if BitBiay and what the complaints are? These threads are too long.
Best TL / DR so far of this whole sorry mess (from Barrabas):
Remainder for those who insist on not wanting to keep track:
-- The chinese crooks, Lin and "Steven", still own around 400 MILLION coins
-- Zimbeck the Turd still owns 100 MILLION coins. He also has collected around 300 BTC so far.
-- Bob the Rat and Ryan the Weasel, not only have walked away with roughly 1,000 BTC altogether ALREADY, but the still hold approximately 40 MILLION coins.
Do with this info whatever you please. You are dealing IN ALL CASES, with the worst scum on the face of Planet Earth.
Of course it isnt normal! It is raw thievery in fact. Precisely the purpose of an ICO is to FUND THE PROJECT, not to LINE GHE POCKETS of the devs. It is generally accepted though that honest devs (what a laughable conceot, by the way), will pre-mine or "buy" in ICO/IPO, up to 1% of the coin. Anything beyond that is simply a scam by whatever definition. Devs gets serious profit ONLY if coin successful and then no more than many other investors that risked their money supporting and msking the project possible. Simple as that.
Apologies if I sound crass, but is there a tl;dr version of what happened with the ICO/IPO if BitBiay and what the complaints are? These threads are too long.
Best TL / DR so far of this whole sorry mess (from Barrabas):
Remainder for those who insist on not wanting to keep track:
-- The chinese crooks, Lin and "Steven", still own around 400 MILLION coins
-- Zimbeck the Turd still owns 100 MILLION coins. He also has collected around 300 BTC so far.
-- Bob the Rat and Ryan the Weasel, not only have walked away with roughly 1,000 BTC altogether ALREADY, but the still hold approximately 40 MILLION coins.
Do with this info whatever you please. You are dealing IN ALL CASES, with the worst scum on the face of Planet Earth.
Apologies if I sound crass, but is there a tl;dr version of what happened with the ICO/IPO if BitBiay and what the complaints are? These threads are too long.
Best TL / DR so far of this whole sorry mess (from Barrabas):
Remainder for those who insist on not wanting to keep track:
-- The chinese crooks, Lin and "Steven", still own around 400 MILLION coins
-- Zimbeck the Turd still owns 100 MILLION coins. He also has collected around 300 BTC so far.
-- Bob the Rat and Ryan the Weasel, not only have walked away with roughly 1,000 BTC altogether ALREADY, but the still hold approximately 40 MILLION coins.
Do with this info whatever you please. You are dealing IN ALL CASES, with the worst scum on the face of Planet Earth.
Apologies if I sound crass, but is there a tl;dr version of what happened with the ICO/IPO if BitBiay and what the complaints are? These threads are too long.
Only mod of btct can delete posts here. This is not a censored thread.
Scare Card =Zimbeck. Lol.
Only mod of btct can delete posts here. This is not a censored thread.
It is painstakingly obvious that Diabolic is GEKKO.
one) this is a newbie account, which all members of Bob's crew uses
two) he posted in a blocknet thread...which had involvement from Bob.
Who's that? BobSurplus again?
three) self proclaimed private investigator and new to cryptocurrency starts attacking DZIMBECK right away.
prove this. post your identity and video your name and your badge or you are full of shit, gekko.
four) bob is the criminal along with gekko, but he tries to push the blame on david
five)
This investigation is really starting to look like a veiled Bobsurplus promotional campaign.
"Ooh! Spooky Bob! You don't want to cross him so pay him for his spooooky insider information"
Bob is a sociopath with no empathy for mankind and anything he has to say about inside info is useless. Hes somebody i recommend that anybody in his group leave immediately since his goal is to screw over anyone at any cost to make money(a point that has been overstated). (the fact that people pay to get into his group is laughable consider he can use the free money he gets to pump whatever he wants which is an old penny stock trick)
only someone as delusional as gekko would see that. you are biased to what you believe.
seven)
DING DONG DING DONG....portraying gekko in a good light...
gekko is a criminal and should be put to jail...
now many people will post here and fud this post because gekko has paid them all 0.5 btc each from the money he made from bitbay ..
show us your private detective license? do a video showing your id and your face. prove me wrong!
-jz
one) this is a newbie account, which all members of Bob's crew uses
two) he posted in a blocknet thread...which had involvement from Bob.
Jimmy strikes again! Or should I say Marboroman. Alex D in the house?! lol Making more huge bag holders here too? 
Who's that? BobSurplus again?
three) self proclaimed private investigator and new to cryptocurrency starts attacking DZIMBECK right away.
prove this. post your identity and video your name and your badge or you are full of shit, gekko.
four) bob is the criminal along with gekko, but he tries to push the blame on david
five)
#1. Have you worked with, currently work with, or had any association with BobSurplus while creating BitBay? Past or present. Answer clearly and to the point. Investors continue to look for you to answer this. Stop avoiding the simple answers. "Yes" or "No" will suffice. Please don't tell us "it's not an issue" or "Bob is such an irrelevant subject" - Clearly it is.
This investigation is really starting to look like a veiled Bobsurplus promotional campaign.
"Ooh! Spooky Bob! You don't want to cross him so pay him for his spooooky insider information"
Bob is a sociopath with no empathy for mankind and anything he has to say about inside info is useless. Hes somebody i recommend that anybody in his group leave immediately since his goal is to screw over anyone at any cost to make money(a point that has been overstated). (the fact that people pay to get into his group is laughable consider he can use the free money he gets to pump whatever he wants which is an old penny stock trick)
only someone as delusional as gekko would see that. you are biased to what you believe.
seven)
Quote
I read it. Looks like Gekko was trying to do something legit and Zimbeck says "Pay me first and I'll do whatever it takes to make more money".Zimbeck was quick to put a btc addy and take money upfront, shows how much he "cared" about the project. Such complete bullshit, agreed. Keep posting more logs, it adds fuel to the Christmas fire.
DING DONG DING DONG....portraying gekko in a good light...
gekko is a criminal and should be put to jail...
now many people will post here and fud this post because gekko has paid them all 0.5 btc each from the money he made from bitbay ..
show us your private detective license? do a video showing your id and your face. prove me wrong!
-jz
if this post gets deleted, then its gekko.
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