Topic: bitbet.us scammers ignore delivered BFL products - page 4. (Read 11610 times)

What bets are BadBets?

First and foremost, statements that can not univocally be established as either true or false at a certain point in the future are BadBets and as such unacceptable on BitBet. For instance, "God Exists" is unacceptable, because it can never be established as either true or false. "God will change Coke to Pepsi on August 19th, 2013" is also unacceptable, also because it can never be established as true or false (even if the change of Coke to Pepsi could allegedly be established).

Yeah i saw that on reddit.  As a side note, i shared an email exchange with them that implied to me that they had decided a resolution before the bet had ended.  I'm not saying i believe that, i just expected a more responsive reply and it seemed dismissive to me.  I'll share it, despite the embarrassing instawallet mistake lol:

Depending on how much you should have won, you could consider taking action against these foul mouthed scammers. I placed the early 2 BTC Yes bet and am still considering legal action, but giving it some time as this thing could unravel on its own. Feel free to PM me about it.

Also, please be aware that if you send them an email requesting a refund etc, you might get publicly defaced like this http://i.imgur.com/U50p1sW.jpg (posted on the shitty pay per view blog by the douchebag running these unlicensed, illegal services).

I was one of the Yes betters (0.6 btc).  I'd like to explain what led me to bet yes After the first units started shipping.

As i'm sure others here do, i work professionally with a lot of electrical engineers.  I specifically asked a few before betting if power requirements would be considered performance or just specifications.  What i heard back unanimously (from my small sample) is that performance doesn't relate to power consumption, that would be Performance Per Watt, which is different.  It's the same as saying that case size relates to performance.  Energy is just a utility to achieve performance, not the performance itself.

I understand that the reason BFL looked so good is because of the performance per watt, but just because we want low wattage for maximum profits, and just because that's what we based our pre-orders on, still doesn't mean it's relevant to "Advertised Performance".

There seems to be a lot of negativity in this thread, so i would appreciate calm responses

Just as there is no point in you saying the same thing that's already been said, there is equally no point in restating why it doesn't matter what you think.

Thread's dead baby.

Just gonna throw my two cents into the ring here:

I know a bet was submitted around that time that was rejected that didn't include the power requirement clause.  Now why would that bet be rejected?  Seems to me that it would be because our good friends at MPOE wanted to scam more people out of money...

Hate to say I told you so, but this type of resolution is exactly thing kind of thing I'd expect from MPEX heh.  

Another awesome set of lies by MOPE.. I mean MPOE.

http://www.rolegal.com/romania-gambling-license.html

But then again it was only the first google hit, didn't look much further so not 100% sure. I would definitely look into this if I was running BitBet.

Restrictions on Trading

Limited Liability Companies are not permitted to:
- Undertake banking or insurance activities or any other activity that might suggest an association with same, without a licence.
- Undertake investment business other than the investment of the company's own assets without a licence.
- Neither solicits funds from the public nor offer their shares or membership to the public without a licence.

The authorization/organization of the activity of gambling in Romania is governed by State monopoly.

The State can grant the right of setting up the activity of games of chance according to the law, on the basis of a license, for the organization of each type of games of chance. The games of chance are classified as follows:

• Games of chance whose winning conditions are dependent upon random elements, with the use of gambling machines which are operated manually, mechanically, electrically, electronically, video automatically or in other similar ways. In order to play and win these games, they require the player’s ability or dexterity, light hand and also the chance, the hazard (the type of Atlantic pusher, Niagara);
• Casino games of chance
• Bingo, Keno type of games of chance, which take place in special game rooms;
• Sports Bets, Lotteries and Raffles , along with television Bingo and Keno;
• Contest-Games, with any type of wins, organized through telephone lines or any other means of telecommunication.

An organizer of games of chance can be any company, legally registered in Romania and authorized to unfold the activity of games of chance in accordance with the provisions of the present resolution no.251/1999.

The competent authority to release the authorization so that a company can unfold the activity written in Cod CAEN as: 9271: games of chance, belongs to the Ministry of Economics and Finances, the Commission for the Authorization to Conduct Games of Chance.

You guys do have an online gambling license, right? And you are aware that a limited liability company is not allowed to sell shares of their company, even less so the shares of other companies.

If I had shares held in MPEx, I'd consider cashing out.

Looking forward to the threads about how some Internet lawyer scammed you out of .5 BTC by pretending to be Internet-paid for his Internet-expertise.

To be even fairer they also said 1 W = 1 Gh/s, and that they'll be honoring that too.

As far as I recall it was never a matter of BFL deciding which Vleisides-run scamrity they're giving 1000 imaginary BTC to.

For that matter it's probably worth pointing out that BFL has a grandiose history of using shells and shills. Consider the case of the non-interview promoted by that Perry fellow, consider the simple case of Betsofbitco.in, where they made bets about how they were going to deliver in full knowledge that if they don't they'll have the bet pushed and their BTC refunded. False sense of security induced in the sort of muppets who actually buy Mem's, Perry's & Coinjedi's lies? Ka-ching. Costs? Whatever scraps this sort of people take, half a bitcoin split in three.

I've contacted the Romanian regulatory authorities to find out the contact information of Polimedia SRL and the status of their online betting license.

That's the step #1 according to a lawyer I'm in talks with.

https://twitter.com/BFL_News/status/318601948678983681

To be fair they said they were honouring it.

How about that 1000btc bet you made?