Bitcoin services that could be cons | Bitcointalksearch.org

Tulkas

sr. member

Activity: 352

Merit: 250

Founder, BTCJAM

Quote from: dissipate on September 24, 2012, 07:13:15 PM

I've seen Bitcoin based services popping up that have very skimpy information about who is running the site. They look professional, but they don't have any auditing or insurance to reassure people that they aren't just cons. Take a look at these two sites:

BTCJam P2P Lending

https://btcjam.com/

Bitcoin Venture Capital

http://www.btcvc.com/

Neither of these two sites have any information to lead me to believe that they won't just run off with any BTC sent to them. These are just two examples, I am sure there are others.

Dissipate,

Perhaps you failed to notice our contact page, https://btcjam.com/contact.

You will see our company registration number even with a link to Brazilian IRS so you can check for yourself the current status of the company.

Rassah

legendary

Activity: 1680

Merit: 1035

Reason for btcjam.com being a scam? I wanted to start a similar service (am in the starting stages of), but may just try to join up with an existing one if one exists already.

ciuciu

donator

Activity: 588

Merit: 500

Quote from: MPOE-PR on September 25, 2012, 03:06:34 PM

Yes, that's my point, calling themselves VC is really a misnomer.

I guess it goes the same way as your porno exchange. I add to the list Mircea's Porno Exchange (MPEX).

MPOE-PR

hero member

Activity: 756

Merit: 522

Yes, that's my point, calling themselves VC is really a misnomer.

dissipate

sr. member

Activity: 288

Merit: 251

Quote from: MPOE-PR on September 25, 2012, 05:01:50 AM

That Venture Capital thing has been inactive for half a year by now. At any rate VC means they give you money, not the other way around.

This particular site is looking for investors: http://www.btcvc.com/index.php/btc-investors-miners-early-adopters/

And not only that, they are looking for donations:

Quote

How else can I help?
We are accepting BTC for use in "Angel Investor" projects. BTCVC has already select startups to fund from it's initial BTC pool. ANY amount is helpful, small amounts aggregate! Please send any donations to 1MbgEEWkS4z8beK9gdm3judjgsKFDBGqMb and help us fund new BTC-based sites.

http://www.btcvc.com/index.php/about-bitcoin-venture-capital/

MPOE-PR

hero member

Activity: 756

Merit: 522

That Venture Capital thing has been inactive for half a year by now. At any rate VC means they give you money, not the other way around.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

http://bidfast.co just popped up and the operator wont reveal who they are.

dissipate

sr. member

Activity: 288

Merit: 251

I've seen Bitcoin based services popping up that have very skimpy information about who is running the site. They look professional, but they don't have any auditing or insurance to reassure people that they aren't just cons. Take a look at these two sites:

BTCJam P2P Lending

https://btcjam.com/

Bitcoin Venture Capital

http://www.btcvc.com/

Neither of these two sites have any information to lead me to believe that they won't just run off with any BTC sent to them. These are just two examples, I am sure there are others.

Topic: Bitcoin services that could be cons (Read 1190 times)