btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds - page 80.

dyask

hero member

Activity: 854

Merit: 510

Quote from: yonce on May 31, 2014, 11:15:01 PM

Quote from: FreeJack2k2 on May 31, 2014, 09:36:37 PM

In the interest of tracking progress, I will update as I receive payments.

Principal invested: 27 BTC (Total w/interest: 35.6)
Returned from "legacy": 2.2 BTC
Repaid directly: 1 BTC
Principal owed: 23.8 (32.4 w/interest)

Probably only reason you got paid that 1 btc from your quite large investment is because you are an active poster here. Tactics are very much so similar to HourlyRevShare.

Please just go away, you don't have any interest in BTC-ARBS by your own claims and you are only stirring up more doubt and stress. You are always negative unless someone wants to ref you for FinMutual HYIP. That makes you even worse than the people running HYIPs.

Right now any BTC people recover is a great benefit to them. I hope to recover mine too.

yonce

full member

Activity: 182

Merit: 100

Quote from: FreeJack2k2 on May 31, 2014, 09:36:37 PM

In the interest of tracking progress, I will update as I receive payments.

Principal invested: 27 BTC (Total w/interest: 35.6)
Returned from "legacy": 2.2 BTC
Repaid directly: 1 BTC
Principal owed: 23.8 (32.4 w/interest)

Probably only reason you got paid that 1 btc from your quite large investment is because you are an active poster here. Tactics are very much so similar to HourlyRevShare.

FreeJack2k2

sr. member

Activity: 364

Merit: 250

In the interest of tracking progress, I will update as I receive payments.

Principal invested: 27 BTC (Total w/interest: 35.6)
Returned from "legacy": 2.2 BTC
Repaid directly: 1 BTC
Principal owed: 23.8 (32.4 w/interest)

Titan33

newbie

Activity: 8

Merit: 0

I stopped checking this a bit back figuring we were SOL of ever getting those BTC back. Pleasantly surprised to see that there was some developments but seem rather unfair that he/she will not be reimbursing those that originally committed funds but might not check this thread as they would not know to send their info.

Anyways, I sent my info yesterday through a PM and still haven't seen a penny. I probably had one of the medium sized accounts (8 BTC deposited, up to 11BTC+) so it is a relatively sizable sum, hope I at least get the original 8 BTC back. I asked for a simple confirmation that he/she saw my PM at the end of the PM, didn't get that either yet.

Just waiting now........

lesnod11

full member

Activity: 182

Merit: 100

I sent an e-mail, I'm hoping I get my funds back. I will keep everyone posted on what happens.

FreeJack2k2

sr. member

Activity: 364

Merit: 250

Quote from: BTC-Arbs on May 31, 2014, 03:28:57 PM

Quote from: FreeJack2k2 on May 31, 2014, 02:44:45 PM

Still haven't seen a penny returned.

I sent 1 bitcoin to the address in your sig. I also sent a PM with additional information.
It is public so it can be confirmed
https://blockchain.info/address/1JqCukmZgVB1h8PmhqWkUqgatgm8oZxxD4

skunk - fully refunded
hongo - fully refunded
rahulgarg12342 - fully refunded

I had emailed an address that was different from my tipping address, so I could track it. Please use that one, instead. The one in my Sig is in another wallet.

19pkPfpaSRDLeTkNZRZGArAXV58hWxbgAL

Slipknot79

copper member

Activity: 658

Merit: 500

Blockchain Just Entered The Real World

I ve also sent PM.

y80

full member

Activity: 145

Merit: 100

Quote from: BTC-Arbs on May 31, 2014, 03:28:57 PM

Quote from: FreeJack2k2 on May 31, 2014, 02:44:45 PM

Still haven't seen a penny returned.

I sent 1 bitcoin to the address in your sig. I also sent a PM with additional information.
It is public so it can be confirmed
https://blockchain.info/address/1JqCukmZgVB1h8PmhqWkUqgatgm8oZxxD4

skunk - fully refunded
hongo - fully refunded
rahulgarg12342 - fully refunded

I sent you a PM and email. Return mine.

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: BTC-Arbs on May 31, 2014, 03:28:57 PM

Quote from: FreeJack2k2 on May 31, 2014, 02:44:45 PM

Still haven't seen a penny returned.

I sent 1 bitcoin to the address in your sig. I also sent a PM with additional information.
It is public so it can be confirmed
https://blockchain.info/address/1JqCukmZgVB1h8PmhqWkUqgatgm8oZxxD4

skunk - fully refunded
hongo - fully refunded
rahulgarg12342 - fully refunded

So how long do you think it will be to pay us back?

BTC-Arbs

member

Activity: 101

Merit: 10

Quote from: FreeJack2k2 on May 31, 2014, 02:44:45 PM

Still haven't seen a penny returned.

I sent 1 bitcoin to the address in your sig. I also sent a PM with additional information.
It is public so it can be confirmed
https://blockchain.info/address/1JqCukmZgVB1h8PmhqWkUqgatgm8oZxxD4

skunk - fully refunded
hongo - fully refunded
rahulgarg12342 - fully refunded

yonce

full member

Activity: 182

Merit: 100

Quote from: FreeJack2k2 on May 31, 2014, 02:44:45 PM

Still haven't seen a penny returned.

You probably won't. When HourlyRevShare strung refunds to the members, it was months of random payouts to some people, when 99% receiving not a dime back. They spent months stringing along people successfully.

FreeJack2k2

sr. member

Activity: 364

Merit: 250

Still haven't seen a penny returned.

korniza

newbie

Activity: 43

Merit: 0

I send the pm and mail. waiting to see what the guy will give back.

Harderfaster

newbie

Activity: 43

Merit: 0

Sent the email and PM.
It will be interesting to see what happens... I will post the results.

yonce

full member

Activity: 182

Merit: 100

So anyone get a refund yet? I highly doubt it will be happening.

NullOp

member

Activity: 63

Merit: 10

The problem is that the arbitrage possibilities using the exchanges he quotes involve making transfers in fiat for repeated buy/sells. The ~2% arbitrage he quoted cannot be performed on all funds on a daily basis, it would be spread out over several days. It's not possible to provide the returns he posted on btc-arbs unless he is using other mechanisms than the btc-e/bitstamp arbitrage route, such as a ponzi. At the moment, I think the easiest money to make is to hold a short position in dogecoin.

worldlybedouin

sr. member

Activity: 376

Merit: 250

Quote from: y80 on May 31, 2014, 10:22:02 AM

Quote from: dyask on May 30, 2014, 07:13:09 PM

Quote from: FreeJack2k2 on May 30, 2014, 06:34:42 PM

Still no sign of any repayment.

I'd really like to know what the former admin's plan of attack for repayment is going to be. So far, all we have is a post trying to calm the natives and there's been no action taken yet to make anyone whole, apparently.

It is possible he is just trying to buy time.

looks like another stall tactic. it doesn't take 2 days to process refunds if you're genuine about returning funds.

I think you guys misunderstand...he will eventually pay back the BTC he scammed, but my guess is he doesn't have enough to make payments...so if you read his note he seems to allude to doing more abitrage transactions first with the BTC he still does have and then use the proceeds from that for payments.

Or did I completely just read it wrong??

worldlybedouin

sr. member

Activity: 376

Merit: 250

Quote from: FreeJack2k2 on May 30, 2014, 12:14:03 PM

Quote from: NullOp on May 30, 2014, 12:04:21 PM

Did anyone get a suspicious email with a docx attachment shortly after sending an email to btc-arbs?

Not I.

Nope I've gotten abosolutely no response back...not even an acknowledgment that my info was recieved and that I've been added to whatever ledger he's using to keep track of things.

NullOp

member

Activity: 63

Merit: 10

I've emailed them. I haven't had a response (that I know of) nor a refund.

y80

full member

Activity: 145

Merit: 100

Quote from: dyask on May 30, 2014, 07:13:09 PM

Quote from: FreeJack2k2 on May 30, 2014, 06:34:42 PM

Still no sign of any repayment.

I'd really like to know what the former admin's plan of attack for repayment is going to be. So far, all we have is a post trying to calm the natives and there's been no action taken yet to make anyone whole, apparently.

It is possible he is just trying to buy time.

looks like another stall tactic. it doesn't take 2 days to process refunds if you're genuine about returning funds.

Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds - page 80. (Read 277012 times)