[BitFunder] btcQuick - Bitcoin Sales Service - page 5.

Bananery

member

Activity: 108

Merit: 10

Quote from: Ascension on June 21, 2014, 06:39:13 PM

No, it takes time to move the money from the merchant account to our bank account back to the exchange account. Bitcoins were purchased in real time with our customers.

I'm not buying your bullshit. Even a 12 year old knows the price may jump 5 times in a matter of few days. Then your losses are huge. The only way this business could ever work, that you keep FIAT at exchange to buy the bitcoins right away cheaper than sold. It's the only way it can work.

Now you're telling me you're a retard who didn't know bitcoin exchange rate might jump up like crazy in a matter of few hours.

I'm not buying your I-AM-RETARD-SORRY bullshit. I know you're not that retarded. You stole everything. Probably with some sophisticated scheme during price peaks. Just admit it.

RiverBoatBTC

full member

Activity: 224

Merit: 100

So your saying they are holding 4k in sales? and thats all you got?

Bananery

member

Activity: 108

Merit: 10

Don't act as a retard Jerrod. Every second scammer pretends to be a retard so people think the loss is due to incompetence. They think he's a retard, he lost it, he didn't steal it.

I know you're not a retard, taking your original post, you said it was rotating. It is the only way a service like yours can work. You always keep the same amount of bitcoins. The moment someone buys bitcoins from you at a rate higher than at an exchange, you buy the same amount. That's where the profit comes from.

And now you're saying your business was to take all the bitcoins from IPO and sell them all. Not rotate them, but sell them all.

You're not a retard, your business was rotating bitcoins, just like you said originally. I'm not buying your incompetence bullshit. Your strategy now is I-AM-A-RETARD-SORRY-FORGIVE-ME-I-LOST-EVERYTHING.

It was a theft, not incompetence. You're a criminal Jerrod. We need to sue this scammer and investigate it.

Ascension

sr. member

Activity: 457

Merit: 250

Quote from: Bananery on June 21, 2014, 06:35:22 PM

Quote from: Ascension on June 21, 2014, 06:32:44 PM

Quote from: Bananery on June 21, 2014, 09:42:02 AM

Quote from: Ascension on June 20, 2014, 09:43:19 PM

Quote from: leewhat on June 15, 2014, 03:38:50 AM

Ascension, please give some updates.

As soon as the money is released from the merchant account provider and the hold on our bank account is lifted we will make a final payout based on the bitfunder asset list.
The new merchant account required 10% of every transaction to be held in a 6 month rolling reserve. Every that remains dime will be returned. If anyone has questions you can PM me.

The remaining USD is less than a cent per share. Once again you say nothing about bitcoins. It only means you stole them. You're a thief. Everyone should put negative trust. And those who can should sue him.

You need to reread the OP. "The remaining BTC will be used to increase btcQuick's rotating inventory supply to sell."
This means that we used the bitcoin supply as inventory in order to sell them to our customers.

Exactly. Rotating. You sell bitcoins, and you buy exactly same amount from an exchange. So all bitcoins must be still there.

No, it takes time to move the money from the merchant account to our bank account back to the exchange account. Bitcoins were purchased in real time with our customers.

Bananery

member

Activity: 108

Merit: 10

Quote from: Ascension on June 21, 2014, 06:32:44 PM

Quote from: Bananery on June 21, 2014, 09:42:02 AM

Quote from: Ascension on June 20, 2014, 09:43:19 PM

Quote from: leewhat on June 15, 2014, 03:38:50 AM

Ascension, please give some updates.

As soon as the money is released from the merchant account provider and the hold on our bank account is lifted we will make a final payout based on the bitfunder asset list.
The new merchant account required 10% of every transaction to be held in a 6 month rolling reserve. Every that remains dime will be returned. If anyone has questions you can PM me.

The remaining USD is less than a cent per share. Once again you say nothing about bitcoins. It only means you stole them. You're a thief. Everyone should put negative trust. And those who can should sue him.

You need to reread the OP. "The remaining BTC will be used to increase btcQuick's rotating inventory supply to sell."
This means that we used the bitcoin supply as inventory in order to sell them to our customers.

Exactly. Rotating. You sell bitcoins, and you buy exactly same amount from an exchange. So all bitcoins must be still there.

Ascension

sr. member

Activity: 457

Merit: 250

Quote from: RiverBoatBTC on June 21, 2014, 10:08:30 AM

What merchant account company are you using? Lets cross check with them.

I provided a copy of the merchant account statement not to long ago. All the info you need can be found here.

Ascension

sr. member

Activity: 457

Merit: 250

Quote from: Bananery on June 21, 2014, 09:42:02 AM

Quote from: Ascension on June 20, 2014, 09:43:19 PM

Quote from: leewhat on June 15, 2014, 03:38:50 AM

Ascension, please give some updates.

As soon as the money is released from the merchant account provider and the hold on our bank account is lifted we will make a final payout based on the bitfunder asset list.
The new merchant account required 10% of every transaction to be held in a 6 month rolling reserve. Every that remains dime will be returned. If anyone has questions you can PM me.

The remaining USD is less than a cent per share. Once again you say nothing about bitcoins. It only means you stole them. You're a thief. Everyone should put negative trust. And those who can should sue him.

You need to reread the OP. "The remaining BTC will be used to increase btcQuick's rotating inventory supply to sell."
This means that we used the bitcoin supply as inventory in order to sell them to our customers.

Bananery

member

Activity: 108

Merit: 10

Hey scammer, why can't you answer a simple question? Where are the bitcoins?!

RiverBoatBTC

full member

Activity: 224

Merit: 100

What merchant account company are you using? Lets cross check with them.

Bananery

member

Activity: 108

Merit: 10

Quote from: Ascension on June 20, 2014, 09:43:19 PM

Quote from: leewhat on June 15, 2014, 03:38:50 AM

Ascension, please give some updates.

As soon as the money is released from the merchant account provider and the hold on our bank account is lifted we will make a final payout based on the bitfunder asset list.
The new merchant account required 10% of every transaction to be held in a 6 month rolling reserve. Every that remains dime will be returned. If anyone has questions you can PM me.

The remaining USD is less than a cent per share. Once again you say nothing about bitcoins. It only means you stole them. You're a thief. Everyone should put negative trust. And those who can should sue him.

penta

member

Activity: 113

Merit: 20

how much money is in the merchant account(usd?), and where are the BTC gone?

Ascension

sr. member

Activity: 457

Merit: 250

Quote from: leewhat on June 15, 2014, 03:38:50 AM

Ascension, please give some updates.

As soon as the money is released from the merchant account provider and the hold on our bank account is lifted we will make a final payout based on the bitfunder asset list.
The new merchant account required 10% of every transaction to be held in a 6 month rolling reserve. Every that remains dime will be returned. If anyone has questions you can PM me.

josh4580

member

Activity: 103

Merit: 10

Quote from: josh4580 on June 19, 2014, 11:38:59 AM

All BTCQuick Shareholders,

I need help with aiding the investigation into BTCQuick.

I need proof of stock purchases from Bitfunder but I cannot access my Bitfunder account.

Does anyone have any Bitfunder screenshots of their purchases/account history of BTC Quick stock?

Does anyone have any screenshots of the shareholder list that was on the website?

Let me know

Everyone, nevermind. I was finally able to log into my Bitfunder account and PDF all my transactions.

RiverBoatBTC

full member

Activity: 224

Merit: 100

Quote from: josh4580 on June 19, 2014, 11:52:07 AM

Quote from: RiverBoatBTC on June 19, 2014, 11:41:47 AM

Quote from: RiverBoatBTC on June 18, 2014, 06:22:47 PM

https://docs.google.com/forms/d/1R7FxU7jHZQBDTGfeMbGMlGCxoWUYn-LhmDJyxyX8tLY
$69,000 worth of claims already made in the first day Shocked

This guy had a tone of people's money from the looks of it.

Almost at 200k worth of claims.

Riverboat,

We need proof of these investments for regulators. We need Bitfunder screenshots and screenshots of shareholder lists.

You do not, the investigator will request the release of information from the exchange owner. Think Mpex gave up satoshi dice records? Nope, they will get what they need do not fret. The real thing you should be worried about is if the GOV puts a judgement in before you. If they do that the liens will supersede any the actual stock holders have. Gov always gets money before anyone else. After he has paid whatever fines they see fit to slap him with you can then go after whatever is left.

josh4580

member

Activity: 103

Merit: 10

Quote from: RiverBoatBTC on June 19, 2014, 11:41:47 AM

Quote from: RiverBoatBTC on June 18, 2014, 06:22:47 PM

https://docs.google.com/forms/d/1R7FxU7jHZQBDTGfeMbGMlGCxoWUYn-LhmDJyxyX8tLY
$69,000 worth of claims already made in the first day Shocked

This guy had a tone of people's money from the looks of it.

Almost at 200k worth of claims.

Riverboat,

We need proof of these investments for regulators. We need Bitfunder screenshots and screenshots of shareholder lists.

RiverBoatBTC

full member

Activity: 224

Merit: 100

Quote from: RiverBoatBTC on June 18, 2014, 06:22:47 PM

https://docs.google.com/forms/d/1R7FxU7jHZQBDTGfeMbGMlGCxoWUYn-LhmDJyxyX8tLY
$69,000 worth of claims already made in the first day Shocked

This guy had a tone of people's money from the looks of it.

Almost at 200k worth of claims.

josh4580

member

Activity: 103

Merit: 10

All BTCQuick Shareholders,

I need help with aiding the investigation into BTCQuick.

I need proof of stock purchases from Bitfunder but I cannot access my Bitfunder account.

Does anyone have any Bitfunder screenshots of their purchases/account history of BTC Quick stock?

Does anyone have any screenshots of the shareholder list that was on the website?

Let me know

RiverBoatBTC

full member

Activity: 224

Merit: 100

https://docs.google.com/forms/d/1R7FxU7jHZQBDTGfeMbGMlGCxoWUYn-LhmDJyxyX8tLY
$69,000 worth of claims already made in the first day Shocked

This guy had a tone of people's money from the looks of it.

VJain

sr. member

Activity: 305

Merit: 250

Quote from: Surf Capital Management on June 18, 2014, 05:52:27 PM

Quote from: VJain on June 17, 2014, 06:52:58 PM

Quote from: josh4580 on June 17, 2014, 05:00:47 PM

Quote from: Surf Capital Management on June 06, 2014, 09:44:25 AM

If anyone has any identifying information about Ascension, I'd suggest filing a securities complaint in Colorado (where the exchange was located).

Colorado Securities Fraud Investigations

Surf,

I have all the information and I have completed this form and submitted it today.

Everyone else should do the same.

Let me know if you need any information on Jerrod that you dont already have.

Why is this a Google Form? Is there a link from the Colorado Securities Fraud website to such Google Form?

Yes, this form was linked from the following page: http://cdn.colorado.gov/cs/Satellite/DORA-SD/CBON/DORA/1251624412827

Thanks

Excuse my distrust of external resources.

Surf Capital Management

full member

Activity: 213

Merit: 102

Quote from: VJain on June 17, 2014, 06:52:58 PM

Quote from: josh4580 on June 17, 2014, 05:00:47 PM

Quote from: Surf Capital Management on June 06, 2014, 09:44:25 AM

If anyone has any identifying information about Ascension, I'd suggest filing a securities complaint in Colorado (where the exchange was located).

Colorado Securities Fraud Investigations

Surf,

I have all the information and I have completed this form and submitted it today.

Everyone else should do the same.

Let me know if you need any information on Jerrod that you dont already have.

Why is this a Google Form? Is there a link from the Colorado Securities Fraud website to such Google Form?

Yes, this form was linked from the following page: http://cdn.colorado.gov/cs/Satellite/DORA-SD/CBON/DORA/1251624412827

Topic: [BitFunder] btcQuick - Bitcoin Sales Service - page 5. (Read 94180 times)