Bitvest scam how you were likely conned out your btc. - page 2.

ImHash

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Quote from: SparkedDev on January 20, 2017, 09:03:09 PM

Quote from: ImHash on January 20, 2017, 08:58:45 PM

Don't you guys have something like nondisclosure or contract of sorts? this is really bad if you knew those things all this time then why didn't you come forward with your information and expose them sooner? now that they are not paying you hush money you are doing this?

So they protect their investors, but have they stole from any one other than delayed withdraws?

No basically if anyone was having a good run up and draining the investors profits they would delay withdraws.
that would normally be more then what the wallet held, so someone who really drained investor profits.

If they were doing something illegal and you didn't do anything about it then you are equally guilty, they delaying money withdrawals requested by gamblers after they won, first it shows that people really win and it's not a losing nightmare for players and secondly it shows that they care about their own and their investors funds and are concerned about security.
I think you are the one looking bad here, because you are betraying the confidence they've put in you and blaming them not for theft or fraud but for not paying you.

Signing contracts using block chain is something that could come handy in the future.

Zodiac1233

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Bitvest & 777Coin Developer

Quote

Anyone who knows anything knows bitvest is not regulated and there other site 777coin is the same.

They answer to no one other then their self, they can run with your funds at any time and you would never find them.

The unregulated part is true of nearly every bitcoin casino, and running with the funds is possible for any bitcoin company. If there was a way we could run the site without having to store user funds, or in some trustless way, we'd be doing that for sure.

We make every effort we can to be fully transparent, our wallets and addresses at bitvest are public knowledge, along with a full proof of liabilities and reserves. We have a solid reputation spanning back to 2013, lightlord had done well over 100 BTC in trade. personally, and paid out 1000's of withdrawals between his casinos and never had a single issue before.

SparkedDev

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It was all a misunderstanding sorry for any trouble

Zodiac1233

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Bitvest & 777Coin Developer

Quote from: SparkedDev on January 20, 2017, 09:08:37 PM

There is a few people who have posted about yous guys in the past saying they bet all their funds away because you took to long.

A player opting to bet their balance away is their choice, we give them that option. They could win, they could lose, it is merely done a convenience to allow users to play more. I do acknowledge that them losing could result in better profits for investors, but again, they are opting to bet it themselves.

SparkedDev

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Quote from: Zodiac1233 on January 20, 2017, 09:05:31 PM

Quote from: ImHash on January 20, 2017, 08:58:45 PM

Don't you guys have something like nondisclosure or contract of sorts? this is really bad if you knew those things all this time then why didn't you come forward with your information and expose them sooner? now that they are not paying you hush money you are doing this?

So they protect their investors, but have they stole from any one other than delayed withdraws?

We have at times delayed withdrawals. For example, we have intentionally delayed withdrawals of very large wins while we double-checked everything to make sure the wins were legitimate. There are also times when a large withdrawal request is made and I don't have access to the funds to process it, lightlord holds the vast majority of site funds and is a very busy person. Check our reputation and our thread, there is not a single complaint of a non-payment.

There is a few people who have posted about yous guys in the past saying they bet all their funds away because you took to long.

Anyone who knows anything knows bitvest is not regulated and there other site 777coin is the same.

They answer to no one other then their self, they can run with your funds at any time and you would never find them.

Zodiac1233

hero member

Activity: 616

Merit: 524

Bitvest & 777Coin Developer

Quote from: ImHash on January 20, 2017, 08:58:45 PM

Don't you guys have something like nondisclosure or contract of sorts? this is really bad if you knew those things all this time then why didn't you come forward with your information and expose them sooner? now that they are not paying you hush money you are doing this?

So they protect their investors, but have they stole from any one other than delayed withdraws?

We have at times delayed withdrawals. For example, we have intentionally delayed withdrawals of very large wins while we double-checked everything to make sure the wins were legitimate. There are also times when a large withdrawal request is made and I don't have access to the funds to process it, lightlord holds the vast majority of site funds and is a very busy person. Check our reputation and our thread, there is not a single complaint of a non-payment. The fact that we allow players to play is a convenience factor. We do acknowledge that it could make a player lose some funds, or perhaps even win more, but that is on them, nobody is forcing them to play.

SparkedDev

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Quote from: ImHash on January 20, 2017, 08:58:45 PM

Don't you guys have something like nondisclosure or contract of sorts? this is really bad if you knew those things all this time then why didn't you come forward with your information and expose them sooner? now that they are not paying you hush money you are doing this?

So they protect their investors, but have they stole from any one other than delayed withdraws?

No basically if anyone was having a good run up and draining the investors profits they would delay withdraws.
that would normally be more then what the wallet held, so someone who really drained investor profits.

ImHash

hero member

Activity: 924

Merit: 506

Don't you guys have something like nondisclosure or contract of sorts? this is really bad if you knew those things all this time then why didn't you come forward with your information and expose them sooner? now that they are not paying you hush money you are doing this?

So they protect their investors, but have they stole from any one other than delayed withdraws?

SparkedDev

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Activity: 896

Merit: 1000

It was all a misunderstanding sorry for any trouble

Zodiac1233

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Activity: 616

Merit: 524

Bitvest & 777Coin Developer

We've talked with Sparked and clarified everything. This issue as a whole was basically a bunch of miscommunication and some misunderstanding.

SparkedDev

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It was all a misunderstanding sorry for any trouble

Topic: Bitvest scam how you were likely conned out your btc. - page 2. (Read 1571 times)