Bitscalper.com Threat Level - page 2.

Blind

full member

Activity: 235

Merit: 100

Quote from: Matthew N. Wright on January 29, 2012, 10:44:58 AM

Alas, we're not talking about him though-- he more or less seems like a very nice guy. Just his business is a giant risk.

Hmm, it's not like the business will pack up and leave without Mr Very Nice Guy intervention.

Besides, evasive tactics always point to a corpse in the closet.

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: pirateat40 on January 29, 2012, 10:41:42 AM

I'd just like to mention that I spoke with bitscalper in #bitcoin-otc and publicly offered him 100 BTC for proof that the system was real and I was able to confirm trades made by it on the exchanges. Not even asking to see the code just proof that its really doing what he says the site does to scalp the market. He agreed and said he would come back the next day to setup a screen-cast.

He has since been MIA from IRC, without even an attempted to contact me.

0 - SCAM

Exact same experience. The more people I talk to, the dumber I feel. He seems to be playing the same confidence game on everyone.

Alas, we're not talking about him though-- he more or less seems like a very nice guy. Just his business is a giant risk.

pirateat40

sr. member

Activity: 378

Merit: 250

"Yes I am a pirate, 200 years too late."

I'd just like to mention that I spoke with bitscalper in #bitcoin-otc and publicly offered him 100 BTC for proof that the system was real and I was able to confirm trades made by it on the exchanges. Not even asking to see the code just proof that its really doing what he says the site does to scalp the market. He agreed and said he would come back the next day to setup a screen-cast.

He has since been MIA from IRC, without even an attempted to contact me.

0 - SCAM

naima53

hero member

Activity: 616

Merit: 502

my humble 2 cents ... SCAM SCAM SCAM AGAIN AND SCAM. If I'm wrong - where is the source code of the algorithm? (well, at least about how it works ... example ..??) I know how to scalp for a small sum, but it is not possible to do with 500, 1,000, and more ...

naima53

hero member

Activity: 616

Merit: 502

my humble 2 cents ... SCAM SCAM SCAM AGAIN AND SCAM. If I'm wrong - where is the source code of the algorithm? (well, at least about how it works ...example ..??) I know how to scalp for a small sum, but it is not possible to do with 500, 1,000, and more ...

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: rebuilder on January 29, 2012, 10:18:21 AM

1. I guess I always want to have the option of having an even lower opinion of something.

Actually I'm pretty neutral about it. No trust sums it up, but I think you can go lower than that, into active distrust. There is a difference...

Maybe the scale should be more like:

5: implicit trust.

0: no trust.

-5: It's a scam.

+1

That's a good way to go I think.

rebuilder

legendary

Activity: 1615

Merit: 1000

1. I guess I always want to have the option of having an even lower opinion of something.

Actually I'm pretty neutral about it. No trust sums it up, but I think you can go lower than that, into active distrust. There is a difference...

Maybe the scale should be more like:

5: implicit trust.

0: no trust.

-5: It's a scam.

bitscalper

member

Activity: 70

Merit: 10

I offered Matthew to eventually verify part of our codebase and waiting for someone from the trusted members pool to contact me. Withdrawals are processing correctly.

Ente

legendary

Activity: 2126

Merit: 1001

<1>

1) Show us, or a trusted member, that a working infrastructure exists
(in fact I bet some parts of it are GPL, so *have* to be published anyway!)

2) Show exactly what is going on: Gained %, total invested sum etc

3) Then, list what exactly is going on: "10:51 buying at MtGox x$ for y$/BTC, 10:52 selling at Tradehill a$ for b$/BTC"

Then, with 1-3 visible, I at least trust you that you do what you claim to do.
This is not to say I immediately trust you to not run away with the whole sum eventually.
Only time (and transparency) can esthablish that trust. And that is totally out of the picture if 1-3 are not there first.

Ente

bracek

hero member

Activity: 530

Merit: 500

1

benefit of the doubt

Vandroiy

legendary

Activity: 1036

Merit: 1002

Quote from: Bro on January 29, 2012, 06:34:08 AM

obviously zero

I'm working on a formalization of trust for Bitcoin software products. If defined as a measure of how much I trust someone with, trust of an unknown party should be either exactly zero or some communication minimum epsilon-like thing that is really very small. Much smaller than 1 BTC in any case. Otherwise, we invite scammers, which is not a good idea.

I have no information about Bitscalper on which I would base trust, so I voted 0. That's not an insult, just the formal response that I know nothing about them, and therefore would not give them my coins.

Bro

full member

Activity: 218

Merit: 100

obviously zero

chsados

hero member

Activity: 662

Merit: 545

Quote from: Sargasm on January 29, 2012, 01:31:59 AM

I made a few coins, withdrew my balance. The withdrawl took... uhm about 10 hours. 58btc. Letting my little nest of coins grow to see what comes of it. No biggie either way.

if you want to throw away bitcoins send them my way, they could really help with groceries and rent! Grin

xepera

newbie

Activity: 54

Merit: 0

6

If there comes more proof from Mr. Bitscalper i'll probably put more BTC back in there. By now i got my money out of there.

Sargasm

member

Activity: 112

Merit: 10

Ooooohhhh.

Yes. You're probably right.

Sargasm

member

Activity: 112

Merit: 10

6

bittenbob

hero member

Activity: 560

Merit: 500

I think we all know who voted 10.

Sargasm

member

Activity: 112

Merit: 10

I made a few coins, withdrew my balance. The withdrawl took... uhm about 10 hours. 58btc. Letting my little nest of coins grow to see what comes of it. No biggie either way.

mav

full member

Activity: 169

Merit: 107

0 - the service on offer is entirely feasible. The manner in which it has been offered is so opaque that it can't possibly be the service that they state to offer.

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: stochastic on January 29, 2012, 12:54:19 AM

If you feel it has a high threat level then explain how they or someone else could gain your trust.

Completely anonymous
No accountability
Reckless/careless handling of customer funds
Excuses own behavior instead of working to fix problems
Continuously pushes back dates with more conversations about new endeavors to sidetrack
Talks behind others' backs and lies

I do not trust his website, and although it pains me to say this (I was absolutely the last in my organization to agree, and I put up a very long fight about it too) I have no reason to believe he is not a scammer.

Topic: Bitscalper.com Threat Level - page 2. (Read 4260 times)