bitscalper anyone use this ? [PASSWORDS LEAKED] - page 23.

antoineph

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Quote from: Matthew N. Wright on January 16, 2012, 12:44:50 PM

Quote from: conspirosphere.tk on January 16, 2012, 07:36:26 AM

Quote from: bitscalper on January 15, 2012, 11:01:13 PM

It's totally illegal now because the parlament just approved laws that impose the use of cash up to 1000 eur, for more you have to use a bank account. So bitcoin = money laundering in italy = jail.

Since when Bitcoins = cash by law in italy? So you can pay taxes in BTC?

By that logic, you should be able to pay your taxes in the US with Korean Won.

so bitcoins != cash.

Matthew N. Wright

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Quote from: conspirosphere.tk on January 16, 2012, 07:36:26 AM

Quote from: bitscalper on January 15, 2012, 11:01:13 PM

It's totally illegal now because the parlament just approved laws that impose the use of cash up to 1000 eur, for more you have to use a bank account. So bitcoin = money laundering in italy = jail.

Since when Bitcoins = cash by law in italy? So you can pay taxes in BTC?

By that logic, you should be able to pay your taxes in the US with Korean Won.

Bigpiggy01

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Quote

Arbitrage gaps dont exist that long, no matter if seven, six or one block waittime.

Ummm dude you're assuming that they're only operating in USD why on earth would they be doing that? Arbitrage is not limited to simply one currency when the gain target as it is here is upping the btc balance.

pazor

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no risk, no fun... Grin

Ente

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Quote from: BurtW on January 16, 2012, 10:06:35 AM

Not scam: moved as needed to their main wallet to fund the operations.

True.. But for moving the funds to their main wallet they at least have to wait for the next block to be mined. If transferring to, for example, MtGox, or even to the main wallet and then to MtGox, its six blocks (or even seven). There were single blocks which took hours to be mined!
Arbitrage gaps dont exist that long, no matter if seven, six or one block waittime.

There is no reason to not move the funds directly to the main wallet, it doesnt cost anything, and it will eventually have to be transferred anyway (for speculation, or for funding the ponzi sceme, or to substract 1.75%)

Nope, I still dont see any valid reason for this behavior.

Ente

edit: read post 366 for an update:
https://bitcointalksearch.org/topic/m.718946

John (John K.)

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Away on an extended break

Quote from: Clipse on January 16, 2012, 10:09:43 AM

What I noticed tho, they dont scalp/arb with all available coins at the same time.

Lets assume they have 1000BTC loaded from all users, they dont actually scalp/arb with all 1000BTC whenever there is a gap, they usually just use 2-5BTC at a time and then avg out the profits among the percentage btc held by each user afaik.

That's logical from an operating standpoint. I would want my coins to be spread out to multiple exchanges so that I could take advantage of any gaps. So some of the coins wouldn't be touched anyway in this case. However this does not prove anything either lol

Clipse

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What I noticed tho, they dont scalp/arb with all available coins at the same time.

Lets assume they have 1000BTC loaded from all users, they dont actually scalp/arb with all 1000BTC whenever there is a gap, they usually just use 2-5BTC at a time and then avg out the profits among the percentage btc held by each user afaik.

Mushroomized

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Hello!

I put in .1 and made .0004, I think you guys are just jealous of my profits.

BurtW

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All paid signature campaigns should be banned.

Most of the funds were moved out of my account also. But this does not prove anything.

If scam: they were moved as needed to pay other's withdraw requests.

Not scam: moved as needed to their main wallet to fund the operations.

M4v3R

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Quote from: Ente on January 16, 2012, 03:42:13 AM

Quote from: antoineph on January 16, 2012, 01:54:30 AM

My personal feeling is that were this a legitimate service, the site owners would be content to sit back and let time prove their worth (a few concise explanatory posts would not be out of place). As it stands they are basically trying to win a PR war.

Sorry if this is seen as trolling. I just don't want people to get ripped off.

Exactly that!
Only time can "proof" that they are legit, once they were here for a year there would not be many left to cry out "scam". That is, if there were not all those obvious red flags.

Quote from: bitscalper on January 15, 2012, 10:32:20 PM

Quote from: ineededausername on January 15, 2012, 10:29:01 PM

bitscalper: if you aren't a ponzi, why are outputs generally unspent? you're not even pretending to use the coins

We do move the coins, the coins are being sent from the main wallet address, not the admin sub-wallet used to send the withdrawals, and neither those used by the users to fund the accounts. Hope this helps.

This is just silly.
You DID NOT move the funds from my "sub-wallet" to the "main wallet address"!
Ooh, wait, you actually did move the funds. Now. Today. Six days after they came in. After you made 15% earnings with it. After I withdrew the original 10 BTC days before. After too many people here started to ask about it. Coincidence?

People, please post the "personal wallet" addresses you used to add funds!

https://blockexplorer.com/address/14PAmBAdgjpuPgNi7jYZuUsQpAuxZoeMHv

Ente

My funds have been moved the day after I deposited them, on 13.01.

conspirosphere.tk

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Bitcoin is antisemitic

Quote from: bitscalper on January 15, 2012, 11:01:13 PM

It's totally illegal now because the parlament just approved laws that impose the use of cash up to 1000 eur, for more you have to use a bank account. So bitcoin = money laundering in italy = jail.

Since when Bitcoins = cash by law in italy? So you can pay taxes in BTC?

stochastic

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Quote from: bitscalper on January 15, 2012, 11:01:13 PM

It's totally illegal now because the parlament just approved laws that impose the use of cash up to 1000 eur, for more you have to use a bank account. So bitcoin = money laundering in italy = jail.

In that case I hope you are connecting to this forum using Tor.

Matthew N. Wright

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Quote from: bitclown on January 16, 2012, 06:44:05 AM

About time we had another BTC scam. And as usual there's no shortage of gullible users. "Of course it's too good to be true, but if we all chip in with small amounts we can still make this scam successful".

Reminds me of the forex scheme "Maria" was running here a few months ago. "Just deposit $1000 and run this random binary for guaranteed 20% weekly profit. Sorry guys, the system failed. Balance: 0."

One could argue a certain level of gullibility being a requirement to get into bitcoin in the first place. That might explain your findings.

bitclown

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About time we had another BTC scam. And as usual there's no shortage of gullible users. "Of course it's too good to be true, but if we all chip in with small amounts we can still make this scam successful".

Reminds me of the forex scheme "Maria" was running here a few months ago. "Just deposit $1000 and run this random binary for guaranteed 20% weekly profit. Sorry guys, the system failed. Balance: 0."

farfiman

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Quote from: ?? on ??

Quote from: farfiman on January 16, 2012, 04:23:04 AM

Quote from: bitscalper on January 15, 2012, 11:05:28 PM

Quote from: antoineph on January 15, 2012, 11:01:22 PM

Quote from: mooseman99 on January 15, 2012, 10:59:16 PM

Quote from: antoineph on January 15, 2012, 10:57:44 PM

And their first FAQ is "This seems too good to be true. Is it a scam?"

That means it's a scam.

Ok let's hold off on accusations and let him address the points we made. From here people can make their own informed decisions whether or not to try their luck.

Look, I don't want to be mean to anyone, but it's not worth being respectful if it means a lot of people are going to lose their money.

What do you suggest ? do you want us to liquidate everyone and close the site ? we already received multiple requests for taking the system down for private use, or for purchasing it out. by the end of the month we'll be probably doing this anyway.

what does this mean?

it means when he runs off with everyone's money at the end of the month, the official statement will be that it has changed owners / shut down for private use.

what would be the point of telling us that? and why would a scammer need an excuse?

farfiman

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Quote from: bitscalper on January 15, 2012, 11:05:28 PM

Quote from: antoineph on January 15, 2012, 11:01:22 PM

Quote from: mooseman99 on January 15, 2012, 10:59:16 PM

Quote from: antoineph on January 15, 2012, 10:57:44 PM

And their first FAQ is "This seems too good to be true. Is it a scam?"

That means it's a scam.

Ok let's hold off on accusations and let him address the points we made. From here people can make their own informed decisions whether or not to try their luck.

Look, I don't want to be mean to anyone, but it's not worth being respectful if it means a lot of people are going to lose their money.

What do you suggest ? do you want us to liquidate everyone and close the site ? we already received multiple requests for taking the system down for private use, or for purchasing it out. by the end of the month we'll be probably doing this anyway.

what does this mean?

Ente

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Quote from: antoineph on January 16, 2012, 01:54:30 AM

My personal feeling is that were this a legitimate service, the site owners would be content to sit back and let time prove their worth (a few concise explanatory posts would not be out of place). As it stands they are basically trying to win a PR war.

Sorry if this is seen as trolling. I just don't want people to get ripped off.

Exactly that!
Only time can "proof" that they are legit, once they were here for a year there would not be many left to cry out "scam". That is, if there were not all those obvious red flags.

Quote from: bitscalper on January 15, 2012, 10:32:20 PM

Quote from: ineededausername on January 15, 2012, 10:29:01 PM

bitscalper: if you aren't a ponzi, why are outputs generally unspent? you're not even pretending to use the coins

We do move the coins, the coins are being sent from the main wallet address, not the admin sub-wallet used to send the withdrawals, and neither those used by the users to fund the accounts. Hope this helps.

This is just silly.
You DID NOT move the funds from my "sub-wallet" to the "main wallet address"!
Ooh, wait, you actually did move the funds. Now. Today. Six days after they came in. After you made 15% earnings with it. After I withdrew the original 10 BTC days before. After too many people here started to ask about it. Coincidence?

People, please post the "personal wallet" addresses you used to add funds!

https://blockexplorer.com/address/14PAmBAdgjpuPgNi7jYZuUsQpAuxZoeMHv

Ente

Matthew N. Wright

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Quote from: antoineph on January 16, 2012, 01:54:30 AM

My personal feeling is that were this a legitimate service, the site owners would be content to sit back and let time prove their worth (a few concise explanatory posts would not be out of place). As it stands they are basically trying to win a PR war.

Sorry if this is seen as trolling. I just don't want people to get ripped off.

I don't think they're trying to do anything. They're just new here and don't know how we roll.

antoineph

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My personal feeling is that were this a legitimate service, the site owners would be content to sit back and let time prove their worth (a few concise explanatory posts would not be out of place). As it stands they are basically trying to win a PR war.

Sorry if this is seen as trolling. I just don't want people to get ripped off.

BurtW

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All paid signature campaigns should be banned.

Assuming for the moment it is not a scam then they are doing exactly what we would expect to happen in an totally hostile environment where the government has and is cracking down. Isn't this exactly the environment that we expect Bitcoin to thrive? If I lived in a country where I was no longer able to have cash - all transactions are by law now tracked - then I would be looking around for a way to take advantage of the obvious black market opportunities caused by such government stupidity.

Topic: bitscalper anyone use this ? [PASSWORDS LEAKED] - page 23. (Read 40982 times)