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Topic: bitscalper anyone use this ? [PASSWORDS LEAKED] - page 7. (Read 40998 times)

Bro
full member
Activity: 218
Merit: 100
lol, we saw it coming
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
We are guilty of believing the myth that the "free market" is a magic wand that guarantees success and inefficiency when in fact the object of every trader is to give as little as possible (nothing if they can get away with it) and take as much as possible.  That's why regulation and law is required to protect against scams.  In real life we can see the crooks, their names get about, and their is a disincentive.  On the internet we cannot do that and web of trust models or vetting by those with a reputation is a good idea.  PGP/GPG signatures may be worth considering to enable verification that an identity is constant (and consistent) over forums and web sites.

If you lack of common sense and risking investing in shady businesses, no law will save you.
member
Activity: 74
Merit: 10
We are guilty of believing the myth that the "free market" is a magic wand that guarantees success and inefficiency when in fact the object of every trader is to give as little as possible (nothing if they can get away with it) and take as much as possible.  That's why regulation and law is required to protect against scams.  In real life we can see the crooks, their names get about, and their is a disincentive.  On the internet we cannot do that and web of trust models or vetting by those with a reputation is a good idea.  PGP/GPG signatures may be worth considering to enable verification that an identity is constant (and consistent) over forums and web sites.
sr. member
Activity: 476
Merit: 250
moOo
Great, I feel like I have to wait a YEAR of operation now before I can trust a new BTC business again.

it's quite the problem. WE dont have traditional corps doing bitcoin for the most part.
and the people who do bitcoin like to remain anonymous.

and due to the nature of things, we are a temping target.


I'm not quite sure the best way to fix this.

we could have "trusted" long timers  who know things like security and can read code to vet a site, of course I can see why some sites might not want to share code. But sites need to be as open as possible to the processes involved. And live wallet data is nice.

It is even hard to trust pools until they get a lot of uses and have been established.

This actually highlights one of the problems with the pure free markets, you need brave souls willing to put their lives or money on the line to test the waters and even then, you cant be assured that things will always remain the same. A popular scam is to build up trust, before you skip town.

I dont know but I think we need a trustworthy BTC service vetting service. something with well known names behind it. It wont be fool proof but it would help.
member
Activity: 74
Merit: 10
Judging by today's withdrawals it will be interesting to see if it can survive.

Have to say I have been cursing the site and just discovered I needed to have yahooapis scripts enabled to most of it.

Since I am near the end of the list I don't hold out much hope Smiley
hero member
Activity: 630
Merit: 500
Great, I feel like I have to wait a YEAR of operation now before I can trust a new BTC business again.
legendary
Activity: 2198
Merit: 1311
So far the most successful business model in the bitcoin world is the oops-we-got-hacked-see-ya-later-guys model.  FFS, this thing is never going to go anywhere if our standards are so fucking low.
Free market bro, fuck the powers that be. People who lose money simply deserve it. People who make them lose money deserve it. Might makes right. Grin

Yay, all hail bitcoin!  Anonymous internet money for scamming.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
So far the most successful business model in the bitcoin world is the oops-we-got-hacked-see-ya-later-guys model.  FFS, this thing is never going to go anywhere if our standards are so fucking low.
Free market bro, fuck the powers that be. People who lose money simply deserve it. People who make them lose money deserve it. Might makes right. Grin

Exactly.  Any idiot who put a significant amount of money in expecting that it was actually being used to scalp (LOL) deserves to lose their money if they didn't get out in time.
N12
donator
Activity: 1610
Merit: 1010
So far the most successful business model in the bitcoin world is the oops-we-got-hacked-see-ya-later-guys model.  FFS, this thing is never going to go anywhere if our standards are so fucking low.
Free market bro, fuck the powers that be. People who lose money simply deserve it. People who make them lose money deserve it. Might makes right. Grin
legendary
Activity: 2198
Merit: 1311
Magical excuse for running off with peoples' money: "We got SQL injected and the plaintext passwords were stolen!!" Grin

It's so old by now, it's growing a beard. And Bitscalper reeked of scam from day one... seriously, what excuse did they have for staying anonymous again? What was their trading tactic, and why exactly wouldn't they trade with one investor's money instead of distributing the inflow?

I haven't heard a single credible explanation to Bitscalper's "business model" yet. I would assume that what's happening now is either a scammer screwing up because caring for security is too expensive, or an intentional leak with the purpose of covering the tracks at the cost of some of the BTC at hand.

e.g.: Limit withdrawals to 20%, leave gaping security hole, wait until hole is discovered, withdraw 80% to own BTC addresses; announce "we are sorry, we have been hacked, OMG a lot of money is gone!"

So far the most successful business model in the bitcoin world is the oops-we-got-hacked-see-ya-later-guys model.  FFS, this thing is never going to go anywhere if our standards are so fucking low.
legendary
Activity: 1036
Merit: 1002
Magical excuse for running off with peoples' money: "We got SQL injected and the plaintext passwords were stolen!!" Grin

It's so old by now, it's growing a beard. And Bitscalper reeked of scam from day one... seriously, what excuse did they have for staying anonymous again? What was their trading tactic, and why exactly wouldn't they trade with one investor's money instead of distributing the inflow?

I haven't heard a single credible explanation to Bitscalper's "business model" yet. I would assume that what's happening now is either a scammer screwing up because caring for security is too expensive, or an intentional leak with the purpose of covering the tracks at the cost of some of the BTC at hand.

e.g.: Limit withdrawals to 20%, leave gaping security hole, wait until hole is discovered, withdraw 80% to own BTC addresses; announce "we are sorry, we have been hacked, OMG a lot of money is gone!"
full member
Activity: 235
Merit: 100
How can you even think of letting your users' funds basically without any protection? This is sick.

This is very sloppy practice, but why should you really care if you plan to defraud your users anyway? The fact that Bitscalper stopped replying in this thread (while still checking it), despite climbing up reports about inability to withdraw funds, clearly speaks for his intentions.
hero member
Activity: 607
Merit: 500
Huh, fortunately I've used a generated password from 1Password there, so I really don't care if it leaked. Still, this is depressing... How can you even think of letting your users' funds basically without any protection? This is sick.
sr. member
Activity: 360
Merit: 250
Interesting things are going on.

At the first view it looks like payment request were finally paid during the last days. But when you remember the large amount of payment requests since February 9, it's clear that only a few ones were paid. This are smaller payouts. It looks like all other payout requests were silently "rejected" and the bitcoins are back on the bitscalper user accounts.

Because of this and the last breaking news regarding passwords leaked, most of the "rejected" payout request were now requested again from the users plus some new requests.
There are currently about 1900 BTC payout request open (state processing) and still counting.

The user bitscalper has read inside this forum a few minutes ago. Still no reaction from his side.  Shocked


  
administrator
Activity: 5222
Merit: 13032
Bitscalper.com passwords have been leaked. More info.
legendary
Activity: 2128
Merit: 1031
I want to disbelieve this is not as popular as a 25 page thread would suggest it is.   Undecided  How many of you have been buying from legit bitcoin merchants?  Huh


Good question; however making interest on bitcoin certainly seems like an appealing idea for all of the hoarders while they wait for bitcoins to become worth millions!

I have used bitcoins to purchase a future copy of Bitcoin Magazine.

I might be able to use them for a cab in Chicago in March.  I will be visiting for St. Patty's day and someone is working with a Chicago cab company to get Bit-pay.com's Limocoin solution up and running!

Woot!
hero member
Activity: 667
Merit: 500
i've tried withdrawing twice now, first time cancelled by server, second time I am in the queue for around ~18 hours or so so far.
hero member
Activity: 630
Merit: 500
My withdrawal was pending for over 12 hours.  I logged in again this morning and it gave me somebody else's random account apparently.  Instead of my real balance I had a new balance of exactly 0.45BTC and the reports showed no earnings at all.  Interesting!  I sent them an e-mail to their support.
donator
Activity: 1218
Merit: 1015
and there are some very big withdraws waiting - 50's 100's , 500(!)
lol.... that's not funny. I ended up getting most of what I put in out, finally.

5BTC deposited on 2/3. 5BTC withdrawal requested on 2/3. Request canceled by server a couple days later. .0035BTC in losses by time account is accessible again. 4.9965BTC withdrawal requested on 2/6. 4.9091BTC paid out to my wallet on 2/6. ...As of 2/9, there's .588BTC on the account. Withdrawal requested, stuck in "processing." ETA: Today, the account balance is 2.6645352591004E-15 Bitcoin. ETA2: Wow. Was actually paid out on 2/13. Took a full 10 days from my original withdrawal request to get everything out, but ended up with ~5.5BTC. Was pleased just to get the 4.9. Cheesy
legendary
Activity: 1449
Merit: 1001
and there are some very big withdraws waiting - 50's 100's , 500(!)
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