Topic: BitcoLove turned into scam (Read 1150 times)

wooh. Glad I didn't invested on that.

The only real "investment" game I'd seen that lasted for a long time without a scam was fishbitfish.com, which was based on whichever address was given more Bitcoins, paying out to the people who bet on the winning one.

Absolutely true. Admin is scammer, which using only "magic" wallet and nothing more.

Only one person wins at this and that is the admin who makes them and decides when to pull the plug. Only way sites like this could be good is if admins do not get greedy and have everything 100% transparent and have something real to make returns in providing such returns. Am thinking to do one that is fully transparent on transactions, wallets, registered and legal and provide a progressive interest rate that is not guaranteeing any fixed RIO and also has funds that are held in escrow as a backup fund that is held for payments and topped up when gets below x amount. So sick and tired of the scams going on, people losing funds and getting ripped off. One day you might see me making a topic in here making a change for the future for everyone, but right now its just thoughts and ideas maybe come to light one day and you find something that will outlast and lead the way.

agree with you always scam in the end

Agreed. I hope he's better now.

Yep, sadly, there is no point in offering something like that here even though 2% a week consistently is at the end more in the long run than 10% day, when the hyip turns scam  Also, I am still amazed how many people here do not realize that the hyip is paying them first their deposit back before they even realize any profit on it. But they still post here about how they are happy getting payouts -> not realizing that their daily/hourly/whatever payouts are in fact not profits on their deposit, but only paid back deposit at first... Regular investment would take your deposit and put it to work to make more money -> meaning paying you profit on top of your deposit, which you can withdraw + your deposit. If the hyips would do this, they would colapse in a second... 

Well, you win some, you loose some, that is how it is gonna be in high risk high reward gamble. I believe everyone who invested here knew that.

Mr.Ponzi has to end at some point.

There's no need for you to feel sad bro. Im sure those who invested knew the risk and was willing to burn the coins.

Im thingking to invest in bitcolove but I chance my mine because mostly of the investor are newbie.
Now bitcolove turn to scam I feel sad  :(to the investor loss there bitcoin..

No one here wil be interested on a 2% profit a week People here were greedy and they want 10% profit a day or 100% profit in 100 hours hehe

LOL    He was 100% a crook who wrote his wallet for receive money. Thats all.

The gambling thread he had was a cry for help I think, I told him if he loves the people around him, and are supporting him "He must give it up".
I hope he did, if not no matter, as in the future he will awaken to fact it can not continue.

Sometimes it will take a bad jolt to his emotions, for him to wake up.

It does get better, with time.

Yep, sad story at the end. I think @Phildo summed it up pretty well in that thread. I did not know about his problems with F&F you have mentioned - nothing is more important than F&F...

He also had a thread in the Gambling section, it was how he ruined his family and friends with his addiction.
I made a post in that thread, but it has now gone/removed.

Did any one else see it.?

Remember the other guy, who had the same MO as him, he too left the forum.

https://bitcointalksearch.org/topic/invest-on-my-skils-no-ponzi-real-skills-1-paid-1108643
His profile https://bitcointalksearch.org/user/btc-tipster-528381

I think it was the same person.

Agreed @CoinNextE!
Thing is, I am willing to give a benefit of doubt to individual that *can* make money with his skills but just lacks liquidity to make it happen. There were those two guys not long ago here:
- first that claimed that he found the edge over certain casino game, went through with it and returned all deposits to the depositors over 1 day and then claimed that he has some personal problems and disappeared
- second that claimed he *can* bet (sport's bets), got some 0.2 btc but apparently has not got working betting system, because he has got wiped out over few days and went to me (the biggest depositor at that time - but actually just a few bucks, I think 0.1btc) over PM to ask if I can help him by putting more money in, so he can pay other smaller depositors. And then went silent.

Third was this recent guy - ala poker player. I mean I have a friend, who plays for fun (hobby), but is able to win some. So scheme of this last guy was pretty believable - at least for me. With cash he had from us and what he did put on the table - those winnings he declared were definitely possible for a player that *can* play, but just lacks the money to step up the ledger.

Conclusion is, this is always a high risk scenario no matter what you do and all of those three guys just might have had a viable way to make money. Shame is first disappeared before he could prove himself, second was apparently not ready to play with few bucks and the third was outright scammer - you can never know or put any measures in place. Unless of course you would require anyone posting here to attach scan of govt id etc. which is not going to happen

Anyway, apart from few classic ponzi operators like MC and the other guy with honest first in first out games or these "lone guys claiming the skill", there are no viable options = rest of threads wanting your money are just poor suckers recycling a very few scams with their $5 template and same shitty description about their professional team of traders with thousands of years of market/trading exp.

I am just thinking right now about making an offer here to invest in my custom built crypto portfolio, but I guess no one here would be interested anyway, because everyone here wants 1000% a day at minimum, which is only a fairy tale in real world. I would be able to offer around 1.5-2% a week, but at least I would not run with your coins

Well, thanks for reading if you did make it till here and good luck to all of you in whatever you are pursuing!

Here:

https://bitcointalksearch.org/topic/invest-with-bitcolove-1148278

can you post link to thread where he/she was taking investment

it is true, it is a poor scammer, has settled for a few bitcoins, you see that it is a beggar we did a bit of begging,  however, we should find a way because these characters can not keep doing this work

Yep, dead and gone but I am sure he'll be back with another story shortly.

Anyway, funny thing is, that clowns like these come here for just couple of bucks instead of pulling in some real cash. I mean come on, how desperate are those people ? He walked away with the amount that wont get him even through the months rent

But on the other hand - of course - if he is from some poor 3rd world country and that cash really makes difference for him, well then I am glad I could have donated and helped him make few bucks!

Anyway, good luck to all honest people here and enjoy your day!

I believed him
my losses 0.085 BTC