Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds - page 116. (Read 276958 times)

Dear btc-arb.com Site-Owner/Admin!

In case you read this message here, please release my locked "Legacy-Funds" asap.

I really need (at least a part of) it to pay some bills ...

Please release at least 2.5 BTC from my locked "Legacy-Funds" for withdrawal.

If you do so I am willing to keep the remaining funds in your game for a few more weeks ...

Gratulation to you. Hopefully we all get our Money back ...

I'm out for the day, but the world is always a nicer more effective place when we share what know in a forum that we are entitled to share in. There's no reason for anyone of us to hate on each other. If any hate and arguing is done, it should be against the scummy admin of btc-arbs. We gain nothing from arguing with each other. Raise your torches and pitchforks against btc-arbs not each other.

Congrats on being one of the selective payouts. It's always a great feeling when you are one of the selective payouts in a dying HYIP. I've lived through a few of those myself.

Hello again.

I read everything here and I just want to come with all facts in one post. So here is what I did and (probably by luck or selection - call it as you consider - I got my investment + the interest back):
1. I sent initially 0.8 btc and later 0.17 btc - total 0.97 btc.
2. After 13 days I had 1.1127 of something like that.
3. Wanted to withdraw when site went down 2 weeks ago, on a Thursday, before Easter. My transaction was cancelled and all that fund was in legacy, with around 1% of it in the active balance.
4. I placed ticket asking for more details. After 1 week I got the following answer:

"From   administrator
Sent on   April 29th 2014
Thank you for your message. As the new owners of BTC-Arbs we are happy to hear from you and are interested in hearing any suggestions that you may have. We are aware that the "Legacy Fund" method of doing things isn't ideal for some members, however it is the best way to ensure that all of our books are in order as we begin to move forward. As you will see, we have already started to transfer a portion of the Legacy Funds back to the main balance. Furthermore, we have processed all withdrawals that we have received.

We would appreciate your patience during this transition. A manual verification of the funds within the system is necessary, particularly due to the fact that there were a number of issues that arose as a direct result of the Heartbleed bug.

Further information regarding this transition will be provided in the coming days, along with information about our acquisition of an official investment license.

Sincerely,
Ron James & The Global Capital Alliance

----------------------------------
me on 22/04/2014 19:37:17
Hello again

May I know why I have only 1% from my BTC in the BTC account and the rest is in the legacy account?

I really don't see this very beneficial for all your investors and this delay makes you look as scam.

I really appreciate honesty and really I consider I need to understand better your move. If I won't see my 0.97 btc back ever, I really learned a good lesson....I still have a hope, but it's getting smaller every day.

I appreciate your fair answer."

5. Meanwhile I got 0.02 btc that I asked to withdraw and received them in a matter of hours.
6. I saw on this thread that some people received the message about the transfer ended and they can withdraw their amount so I placed another ticket stating that news and asking to include me in this wave since it is not a big amount. Unfortunately I don't have that message and I have not received any answer back on it, but in the incoming hours I received the following message:

"From   administrator
Sent on   April 29th 2014
Your legacy balance has been transferred and is now available for withdrawal."

I posted here seeing the unconfirmed amount on my personal wallet - meaning the withdrawal was ongoing. I went on support zone again and I have seen the following message:

"From   administrator
Sent on   April 29th 2014
Payment sent.

----------------------------------
me on 29/04/2014 19:37:09
Many thanks for your support.

Keep it up.
----------------------------------
administrator on 29/04/2014 15:24:20
Your legacy balance has been transferred and is now available for withdrawal."

At that point I have seen in my transaction history the following message:

"Date   Message
29/04/2014 19:56   Bitcoin withdrawal for 1.1005 bitcoins completed [Ref: 1LSa1L2bRehxioVNmRg2DTEm69JpCEULSS]
29/04/2014 19:29   Bitcoin withdrawal request for 1.1005 bitcoins"

and the proof is: 75e60e93fd2dd293d0f4c99bb122372eb4533a396cd93a1ffc1e166bef9f361c

And I confirm I have them back. Just for everyone, from the emails presented above I replaced my user there with the word "me".

Bottom line: I was able (lucky) to get the initial investment of 0.97 back plus approx 0.15 btc interest.

I am not cheering btc-arbs just did what I said I do - posted a thank you message for them, but also my personal thoughts about this experience.

I hope my post is helping others in recovering their investments. I really don't know the aim of btc-arbs and maybe it is a selection of some accounts and then they will close the site...or, they really do what they say...either way, I got my amount back so I am more than happy.

Good luck to everyone. As stated earlier, I'll keep my eyes on my account there and on this topic here. I'm just a happy case and I don't know the reason why me and not others - maybe because I had 1.1x btc only and I sent a ticket there? Who knows?

Cheers

Sorry I thought you didn't understand the tactics they were using since you posted this: "Why this scam website pay us instead of just running away as any other known scammer?" I also was by no means putting any words in your mouth or telling people you didn't understand what was wrong. What you did say you didn't understand was "Why?" and I answered that based off my 13 years of experience playing HYIP's through e-gold, Stormpay, E-bullion, Liberty Reserve and others.

I was trying to help you understand, but all dyask wants to do is discredit me and to mislead you. I posted my response to you as to why they are doing what they were doing. The admin is by no means dumb, he's a con artist. He is fine tuning his skills. No successful con artist is dumb

Sorry if you took anything I said the wrong way, just trying to help answer your questions.

What I gathered from your post is it did look to me that you believe they might become paying again since you didn't understand why they would resume a payout and not run like the scammers you know, not that you would invest again.

All I am trying to do is help you better understand the situation since you mention I have more experience in these types of programs.

Do not put words in my mouth. I am not 5 year old and I very well understand there is something wrong with BTC-arbs and I certainly do not intend to invest again once I was lucky enough to get my money back. The only thing I try to figure out are their motives for doing all this BS since the website crashed cause it looks to me as too much work for nothing. If somebody created a website which managed to collect several thousand BTC, they certainly do not seem dumb.

I'm the one without honor? I am the one misleading people? You are a delusional prick and I am done with you. I will continue to share my experiences playing HYIP's which obviously I have done a better job at than you dyask because you chose btc-arbs even when I called it out. Your the one btc-arbs investor "allegedly" I do not feel any sympathy for. Hopefully you aren't so bitter, vindictive, and spiteful in real life or you'll be sending yourself to an early grave. I will no longer answer anything you post. You do nothing but grasp for straws. You believe if you can drown out the truth enough, your way will prevail. You are demented. I didn't realize you were such an oversized asshole with how much you keep finding to bring out of it.


One last thing, you are still trying to mislead crazyivan after he asked a legitimate question about btc-arbs scam tactics. He is starting to believe btc-arbs might become a paying successful program again and has real questions about btc-arbs scam tactics and all you do is care about yourself and your own vindictive behavior by trying to discredit my reply to him.

I could really give two shits about everything you just posted, sorry. You in no way defended yourself at all as to why you are trying to now mislead crazyivan who is trying to understand btc-arbs scam tactics. Even if you are a btc-arbs investor, which frankly I could care less if you are, you are still misleading people probably out of a vendetta against me now. It still doesn't explain why you have tried to discredit me from the very beginning when I posted btc-arbs was a ponzi and a sleazy one at that and no one should invest in it. Boom it went scam less than 2 months in and at least a million bucks with them. If you truly are a btc-arbs investor than you are just completely out of your mind for attacking me non stop since I first called out btc-arbs. You should be supporting me even more so now.

I let your second paragraph alone, even though you haven't ever provided any evidence to anyone here that you are what you claim.   As for myself, below is the last page of transaction history.   Since I already stated my balances there isn't anything to be cautious about.   I am exactly who I say I am. 

30/04/2014 03:53 Bitcoin withdrawal request for .0461 bitcoins
29/04/2014 06:42 Legacy Fund Transfer of 0.0014
29/04/2014 05:58 Legacy Fund Transfer of 0.0022
29/04/2014 05:23 Legacy Fund Transfer of 0.0029
29/04/2014 05:11 Your investments have earned you 
29/04/2014 01:07 Your investments have earned you 0.0004 bitcoins
29/04/2014 01:02 Legacy Fund Transfer of 0.0036
27/04/2014 23:38 Your investments have earned you 0.0002 bitcoins
27/04/2014 23:36 Legacy Fund Transfer of 0.0031
26/04/2014 20:40 Legacy Fund Transfer of 0.004
26/04/2014 04:39 Legacy Fund Transfer of 0.0052
26/04/2014 04:38 Your investments have earned you 0.0002 bitcoins
25/04/2014 19:35 Your investments have earned you 0.0002 bitcoins
24/04/2014 22:06 Your investments have earned you 0.0001 bitcoins
24/04/2014 03:41 Legacy Fund Transfer of 0.0037
23/04/2014 20:17 Your investments have earned you 0.0002 bitcoins
22/04/2014 23:18 Legacy Fund Transfer of 0.0037
22/04/2014 18:00 Legacy Fund Transfer of 0.015
21/04/2014 19:24 Your investments have earned you 0.0161 bitcoins
20/04/2014 14:41 Your investments have earned you 0.0001 bitcoins

@dyask you are straight up telling the guy asking a legitimate question about what is going on with btc-arbs and why they are doing selective payouts to not trust my 100% true answer to him. Why would you want to do that?

You continuously try to smear me and what is even more disgusting is you are trying to smear my 100% truth answer to a guy who is confused about btc-arbs and asked me a legitimate question. Why would you want to do that? That brings me back to what I originally said about you - you are the guilty party and you hold a part of the blame for the mis information that has scammed our fellow bitcoiners here. For as long as I have trying to educate people here on what they were investing in (even during Btc-arbs paying period) you have been trying to smear me. I still don't know why since you claim you are a btc-arbs investor. I'll gladly remove the trust I posted on your profile if you prove me otherwise. So far all you have done is further btc-arbs cause of misleading people than allowing me to help inform people on what is going on.

I am still not convinced.

Do not get me wrong, I have no doubt btc-arbs is some form of scam, just I cant figure what is their plan. I really do not see how can they attract more deposits by introducing these selective payouts tactics because people having BTC tied in their website just hope for their coins to get released so they can withdraw. So I do not see a direct link between these two elements. If this is not the case, any other plan which comes to my mind just ends up with them losing more money then they can actually attract.

I just do not see why they have not opted just to pull the plug once they had the higest amount of BTC available to them, I guess just before the website crash. Why they bothered to come back, introduce this entire story, start returning crumbs and now larger amounts. It just seems as a lot of work for nothing.

So, all in all, you still do not offer a satisfactory explanation. Not that I can find one.

First, you can view my trust as to why its there, one guy who hates HYIP's and thinks he is too good for them gave me negative trust. There's people in this gambling section who are greatly offended by seeing anything remotely HYIP. All it takes is one person for that negative trust to show up.

Second, running away as any other known scammer may be how it is in some parts of the internet or whatever, but I've been playing HYIP's for half of people's lives here or maybe even their whole life. There's a term deemed as "selective payouts". It is to cause confusion, to give the illusion the program is paying, or to raise cheerleaders posting they've been paid all this money and what not. "Hourly Rev Share" was famous for their selective payouts, for MY GOD felt like an eternity, something like 5 or 6 months of selective payouts. All stall tactics. If you read up on Hourly Rev Share you will die reading months of its history. I thought I was going to die reading every single new newsletter the admin posted. Eventually they pull the plug. The majority of HYIP's go through a selective payouts phase. Eventually when they are paying too much in selective payouts and not enough extra coming in, they pull the plug. Of course some admins get extra crafty like btc-arbs has done. Create fake stories about being bought out, technical issues, the whole legacy balance thing or whatever and before you know it the admin has bought himself weeks if not months of extra scamming time. Most in the HYIP community who play these games think an admin should bow out gracefully, pay as long as he can and then end it. But that is definitely not what you will get with the admins targeting Bitcoiners. They want to rape Bitcoin for every last satoshi they can get their hands on. Between Btc-Arbs, Rockwell-Partners, Leancy, Bitcoin-Trader - millions for weeks or a couple months of setting up shop.

Yes, I can also confirm successful withdrawal. Yonce, I am still waiting for your answer to my question, what kind of tactics is this? Why this scam website pay us instead of just running away as any other known scammer? Please give me some educated answer cause this one about getting new deposits I do not buy.

As I have already stated, everybody already knows about them not paying and people will not easily decide to invest again. Those who have never heard about this BTC-arbs problem are not aware about them paying or not paying, so this is not aimed towards them. I ask you since you have posted a million posts about this an every other site being scams so you probably have much more experience in these kind of websites.

BTW, what did you do to get this:

"Trust: -4: -1 / +0(0)
Warning: Trade with extreme caution!"

I've already talked about that thread for the past 14,000 times.

I attached some more details on the oilrigcontractors.com admin and who he is in the oilrigcontractors thread if you want to check still on my experience and the information I get to obtain from people who provide services to HYIP admins.

https://bitcointalksearch.org/topic/m.6072515

Well good luck on that.   I have to admit I've been logging in several times a day, just hoping for some good news.

Only from clicking on the Support Zone and viewing the messages - something I didn't realise existed until I saw a post on here earlier about them.

Just checked now and there's a new one to confirm that my legacy balance was transferred ready for withdrawal. So yeh - still missing my second deposit. We'll see if my withdrawal turns up too.

Ok so then you are a random delusional troll? Well that works too. Again with your lies, lies, lies, lies, lies. That's all you do you poor unfortunate troll. I haven't pumped any HYIP and I have only shared my knowledge from my near 13 years of experience playing HYIP's. Actually you have been pumping this HYIP. You have been pushing its legitimacy, all you did was attack me when I called btc-arbs out. You can't take that back now. You are part of the reason other people put their money into btc-arbs thinking it was legitimate.