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Topic: BitBay | Decentralized Marketplace | Unmoderated Thread - page 26. (Read 52765 times)

hero member
Activity: 966
Merit: 1003
Bobsurplus hired David Z to make the coin, BitBay is bob's coin. I'm in bob's pump and dump group. Up until Bay, every coin bob has told us to buy he has pumped and made us a great profit. This time though, bob had us buy up as much bay as we could, which all went right in to bob's pocket. Every Bay that went unsold was purchased by bob, so not only did he make a ton of Bitcoin off of our group, he has hundreds of millions of BAY he can dump on us at will to make even more profit. He has made so much from this coin already, through his own group buying it, that he has no reason to pump it. Bob fucked us. The few new accounts that you see in the moderated thread that are trying to hype the coin up are all part of our group. They don't believe in bay, they just want bob to pump it. Once they realize that there isn't ever going to be a pump, you will start to see more people like me come out of the woodwork to expose what is going on.

Post PROOF. Screenshots of Bob telling you to buy Bay.

Did you see this? Easy $600 for you:

Now I'm willing to take this a step further to get the answers from those willing to be honest. I'm offering a $600 reward to anyone with conclusive and hard evidence showing me that zimbeck has worked with BobSurplus or any of his minions in creation of BitBay. Also, some examples of figures pertaining to the real amounts of btc and bay collected from David for his role in the scheme. Reward will be paid via PayPal or BTC and released by me to the public on this forum when I am satisfied with results. I await your PM's. I'll be back here with real answers very soon I'm sure.
hero member
Activity: 966
Merit: 1003
Fact #1, even David Zimbeck acknowledged, not only privately, but in this thread that the Bitbay ICO was indeed pushed up to the completion by the scammers and not by legit nor free-market investment.

Fact #2, even David acknowledged that the current dump comes from the organizers of the ICO who bought into their own offering.

Haven't read the whole thread so where did he say these, link please?
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
sr. member
Activity: 602
Merit: 250
Well now it's just your word. Both Bter and Bitbay would take a dent if this information wasn't correct.

Then, suppose it was it would indeed make the theory somewhat less worthless.

Oh dear ... my hardcore cheerleader friend ...  you are either a fucking retarded or just an even a more retarded troll. You are questioning why I am claiming the 3 x 33% release.

https://bitcointalk.org/index.php?topic=850267.msg9708219;topicseen#msg9708219


Thank you. I was wrong. Also very shoddy on the communication side of things.
sr. member
Activity: 280
Merit: 250
NOT FUD! FACTS!
hero member
Activity: 784
Merit: 1000
hero member
Activity: 784
Merit: 1000
Well now it's just your word. Both Bter and Bitbay would take a dent if this information wasn't correct.

Then, suppose it was it would indeed make the theory somewhat less worthless.

Oh dear ... my hardcore cheerleader friend ...  you are either a poor retarded or just a troll. You are questioning why I am claiming the 3 x 33% release.

https://bitcointalk.org/index.php?topic=850267.msg9708219;topicseen#msg9708219

and since I don't assume you know how to click on a link this is from your Bitbay FAQ:

----------------------

A: The BitBay team will not receive all of the investment funds out the gate. As stated during the ICO period, only a fraction of the community investment will be available to the team for immediate use. The rest of the funds will get released by bter exchange as we hit our development milestones. Here is a breakdown of how ICO funds will be released to the project:

- 33% of dev fund at completion of ICO / delivery of initial wallet. (This threshold has been met.)
- 33% of dev fund at btc at delivery of wallet with integrated smart contracts (Dec. 5th, 2014)
- 33% of dev fund at delivery of our decentralized marketplace (1st quarter 2015)
-  Remaining balance of funds after 60 days of stable marketplace performance. At this time the BitBay team will also be releasing their Phase 2 road map.


----------------------

Anyway, even with the 3 x 500 BTC is completely rational from the scammers viewpoint the scam as it still a very profitable, the invested BTC results significantly more returns than any other market activity would, even that they need to wait an extra 60 days for the money.

Now, I had enough from you cheerleader.
sr. member
Activity: 602
Merit: 250
Well now it's just your word. Both Bter and Bitbay would take a dent if this information wasn't correct.

Then, suppose it was it would indeed make the theory somewhat less worthless.

I hope you can see that under the premise of the current milestone deal, a scam would mostly mean having the alleged scammers shoot themselves in the foot for a few quick gains and nothing else.
hero member
Activity: 784
Merit: 1000
Show my where this is announced and I'll believe you.

Show you what? Show you who modified the Bitbay OP and when? When this thread was opened, in the very first days of the ICO the terms were 3 x 33% plus 1% later - I guess that's why all of us assumed here the 66% was delivered to the Bitbay team on the 5th December. Whether Bter has changed the terms or the Bitbay wankers communicate it differently I don't know and I couldn't care less, what I know is that the original terms were 3 x 33% instead of your understanding which is the 3 x 500 BTC schedule.

Anyway and again, even with the 3 x 500 BTC is completely rational from the scammers viewpoint the scam as it still a very profitable, the invested BTC results significantly more returns than any other market activity would, even that they need to wait an extra 60 days for the money.
sr. member
Activity: 602
Merit: 250
Show my where this is announced and I'll believe you.
hero member
Activity: 784
Merit: 1000
The fact is, the 66% of the collected BTCs has been delivered by 5th of December

Says who? Where? They've reached 2x 500 btc milestones according their own ANN. That's 1000 btc. If you think that's really worth jeopardising your entire operation which could be worth several multitudes of that then that's your own cynicism projecting.

Since you started your hardcore cheerleader mission only last week it seems you don't know that the original terms were 3x33% fund release instead of 3x500 BTC schedule (plus the remaining 60 days later). This explains a bit your ignorance and it seems that you are not a shill but a naive newbie account who simply isn't aware of the original terms which are
 
33% of the funds will be released by the completion of the ICO.
33% of the funds is released by the completion of smart contract enabled wallet no later than 5th December
33% will be released on the working market place
1% will be released after some times

That's why I said by now they must have 66% of the ICO. These were the original terms - go and check it with the Bitbay team if you don't believe it - the scammers bought into their own ICO assuming such conditions and such terms made a risk free buy into their own ICO (not that the new terms introduces a massive risk as they just have to wait 60 days more  to get the funds from Bter).

sr. member
Activity: 602
Merit: 250
Yeah cheers. It's worth holding the quotes together.

I liked you... but now I see you talking shit about me..... Fuck you zimbeck.. Ima sell all my bay and be done with this coin..

Laterzzzz
I hope this altmarket dies...Im a bitcoin bull... If I can be credited with killing alts that would be amazing!!! 
The only reasons alts are around is to make smart traders more btc and to be a testing ground for tech that one day may be used in BTC itself.

LongLiveBTC 

But Bob can do whatever he likes. Grouping up and spooking or hyping the market is part of the crypto front. That's not what this is about.

The conspiracy is that he's somehow in cahoots with Bter or something. That a serious accusation that damns many parties. That has to be substantiated with some credible source before it can be taken serious.
full member
Activity: 224
Merit: 100
I agree with you decentralized, I just wanted to share that cross post. But then old bob himself came in to let him know.

That's normal qwackers behavior, that's what happens when moma does not keep the helmet on the special kid.
sr. member
Activity: 602
Merit: 250
We had some valid points a few pages ago but this thread is getting really senile.
sr. member
Activity: 280
Merit: 250
NOT FUD! FACTS!
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
full member
Activity: 224
Merit: 100
qawckers you are right math trumps all
Here is some math for you and bobs plan for you coins straight from him

Pumpers like Bob or Prometheus are no scammers. They are full of shit but they are doing nothing wrong. Pnd is a part of crypto
P&D is a fraud is standard market, hence they are scammers

P&D is actually what has killed the alt market. You can only play musical chairs so much, alot of people have left the market and new money sees now it is foolish to jump in.



I hope this altmarket dies...Im a bitcoin bull... If I can be credited with killing alts that would be amazing!!!  
The only reasons alts are around is to make smart traders more btc and to be a testing ground for tech that one day may be used in BTC itself.

LongLiveBTC  



FYI his plan is to kill bitbay if you did not pick that up. His purse = math

sr. member
Activity: 280
Merit: 250
NOT FUD! FACTS!
The fact is, the 66% of the collected BTCs has been delivered by 5th of December

Says who? Where? They've reached 2x 500 btc milestones according their own ANN. That's 1000 btc. If you think that's really worth jeopardising your entire operation which could be worth several multitudes of that then that's your own cynicism projecting.


As I said before, math beats them.

For them, 1000 BTC is 66% from 3000. Don't bother...
sr. member
Activity: 602
Merit: 250
The fact is, the 66% of the collected BTCs has been delivered by 5th of December

Says who? Where? They've reached 2x 500 btc milestones according their own ANN. That's 1000 btc. If you think that's really worth jeopardising your entire operation which could be worth several multitudes of that then that's your own cynicism projecting.
sr. member
Activity: 280
Merit: 250
NOT FUD! FACTS!
What a bunch of idiots.

Where is the incentive to buy your own coins and dump at 100 sat, you idiot monkeys?

You scenario:

- devs buy 1500 BTC into their own coins for example.
- the rest 1500 BTC comming from investors.
-----------------------------
- devs receive their own 1500 BTC from BTER (Devs have +0 BTC).
- devs receive the 1500 BTC from investors (Devs have +1500 BTC).
- devs sell their bay coins for 100 sat, that is around 500 BTC (Devs are +2000 BTC).
-----------------------------
TOTAL 2000 BTC

This is the best case situation without taking into consideration the fact that BTER will not release the funds in one batch.




A better scenario for everybody, dev and investor:

- investors buy the whole ICO - 3000 BTC for example.
-----------------------------
- devs receive the ICO funds from bter (Devs have +3000 BTC).
-----------------------------
TOTAL 3000 BTC

Trolls please stay away from acting as a smart ass, I know the full ICO is not worth 3000 BTC. Those amounts are only used for a better explanation.


Now, you morons, there is no incentive to buy and dump under the ICO for anybody, devs or investors. Dumps under the ICO price are purely market manipulations to create a volatile market, thus benefiting a day-trading player (name whales by the bunch of you). If there is no volume, they afford to create price instability by dumping part of their investment under the ICO price into an infant market. This will benefit them.

If devs buy their own ICO, they are better with selling it on profit >300 sat like everybody else. So they are forced to create a win-win situation. That is by creating a product which is worth >3000 BTC (example amount).
So you fucktards wasting your pity life to create panic and shit, at least use a basic math before throwing your stupid fantasy at us.

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