Topic: Bitcoinchef.info is a scam.... (Read 810 times)

I asked this GREAT SCAMMER who dissapeared since 15/2/2014:
> ... If this is not a secret, what is the idea behind this "game" ?

Here is his answer:

Le 14/02/2014 00:48, [email protected] a écrit :
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Date: Fri, 14 Feb 2014 00:48:08 +0100
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Subject: Your request X - response from William M. Tracy
From: [email protected]
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References: <014c01cf28cc$4b0f7f60$e12e7e20$@com> <[email protected]> <002201cf28f4$21e6d160$65b47420$@com> <[email protected]> <52FD530A.6000901@X>
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Dear X,

'the secret' in short:it's a psychological marketing instrument/method
 I have utilized successful since years.Goal must be to build a level
of trust with unknown people of a 100% targeted group ( bitcoin lovers
with some ambitions for gambling )
By providing an opportunity to be in control about how much one can
get in return ( 104% / 112% of the 'sent in' amount ) ,peoples trust
level rise on a much faster speed, than if we only would send out free
Bitcoins to someone ('s address) with a desire for free coins.
Best case scenario is: Bitcoin people are monitoring our activity and
realise, we could easily 'run with the money (btc)' we are receiving
from totally strangers.Bitcoin people then realize by time, that
volumes of circulating BTC in transactions to / from bitcoinchef
accelerate increasing, with us always paying the promised104% / 112%
to really everyone.
Again, this 'game' has to be seen as a marketing campaign with an
existing (quite sufficient) budget - our own money (btc).After this
budget will have been used entirely, we are going to be known, but
really known - well that's the plan .
Exactly then should be the right time for the next step ( actually the
important one ), and I am confident, that not only Bitcoin people,but
also the press and media are going to want to hear about what we are
going to come up with,and they will publish it for free. It's then
going to be re-published around social media networks,and the launch
of our new business is sure not going to be unheard of by a 100%
targeted group of potential clients.
This way, the currently running '104%-112% campaign' is going to pay
for itself, and our product will sure add a value to the Bitcoin
community ( the start-up we are entering the market with in around 6
weeks ).
I hope I have answered some questions I assumed you may have. Feel
free to get back to me, if you like to discuss further.At this time I
can not hand out much  information about the nature of the startup -
only that's its related to a combination of gambling / marketing /
exchange.

Thank you, X, for showing interest.You should have
received 104% of the amounts you transferred - enjoy those free
coins.We still have in budget around 130 Bitcoin, which we are going
to send out for free (104%-112%)  in return for btc being 'send in'.
If you feel good with this idea I introduced to you, play as often as
you like and gain secure returns.As a result - you may want to support
BitcoinChef.info and spread the word about us and what we are doing to
the right people

Have a good evening, X !___________________________Kind
regards,William M. Tracy
==============================================

total scam!  never returned our $29.  our wallet PROOF money sent not returned:  https://blockchain.info/address/17nXpSKb4e7wVhENnsbwHLnw3joKd6UzXy  We DID just get his @bitcoinchef twitter url suspended by twitter so hopefully he wont scam more suckers like us until he pops his head up again.

People who put their money in these things probably already know the risks involved and if they don't shame on them.

This is a original post by the user KLUGE from February 7 2014, i repost because the original one was locked for comments, and i see more users in twitter getting scamed....

USER  William M. Tracy
@BitcoinChef

Saw some newer people sending money here. Figured it was time to kill it before it gets any larger.

Bitcoinchef.info is a manifestation of a very common ponzi scam. The goal is to take money in from unwitting individuals at a rate which exceeds what they pay out. They DO initially pay out so that they can build a reputation of reliability and collect larger sums. Eventually, they run off with everything currently deposited, so this is a very high-risk, zero-sum game with odds heavily in ponzi op's favor. You're very likely to lose everything if you keep playing.

Just the facts:
1) the Bitcoin millionaire's (who is also "CEO") business email is [email protected].
2) The "bitcoin millionaire" does not prove he has an address with old bitcoins in it to support his claims.
3) "William M. Tracy" didn't appear on Twitter until "bitcoinchef" was created, and he's done nothing but spam his ponzi link.
4) This has been done literally hundreds of times, and there has never been an exceptionally generous guy paying out 4% hourly interest on loans who doesn't eventually disappear.


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