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Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds - page 86. (Read 277012 times)

full member
Activity: 223
Merit: 116
lesnod i am naive in my thinking and either you or your lawyers don't have balls. Money cases are the easiest and quickest and there is a very specific reason for that: the powers that be want to make it clear that when it comes to money owed there is no playing up.

In my case on two occasions I managed to get my clients their money back before initiating proceedings, and the way I did it is by showing them what we will do to them if they do not pay up and we go ahead. It is not a threat, it is a clear presentation to them of 1+1=2.

I'm happy for it to take 10 years, as long as I know who I am up against, unlike the BTC crap going on now. You are accusing the prey of being guilty for falling to the scum bag, man you take such terrible positions it's not funny. The prey is not guilty for falling into the traps, putting traps is illegal. What I'm guilty of is using a faulty system like BTC, it is like a very beautiful woman walking scantily clothed on a ship with 40 sailors none of them gay who have been at large for weeks and hoping not to get mugged, to put it politely on a public forum. If you didn't get that one, try: using BTC is like using Windows 95 and hoping not to catch a virus. Enjoy your BTCs and the one who takes them from you in exchange for anything, good on them finding the next idiot.

Clearly you have very little experience in court dealings. We have repo'd cars that are without engines and tires and all and we sell what we can, but going after these people is nearly impossible. When their defense is something like the engine was stolen and insurance needs to pay it gets another party involved that ads time, difficulty and expense. Even if it goes smooth a lot of times you can't bleed a turnip an example in one particular case we won the defendant ended up showing criminal intent - he went to jail but did we see a dime?.... nope!

mate your case is totally different! yes if the bloke is on the joint then yes no use running after them and it is even difficult to land him time, he'd just be owing you and guess what he can pay when he wants or until you claim again... TOTALLY different story!

Here no one is broke and your money is in their pockets, well lego or monopoly money or not even, numbers referencing the block chain... BTC is so dirty better start a new coin. All the coins in all the wallets are either premined or scammed out of people. The 99% have mined their coins on electric heaters, sorry i mean fast protocol specific processors and many own only a few BTCs.

And no I don't blame myself for anything, such as falling for a HYIP. I am not giving the son of a bitch an epsilon excuse. Anyone meets him in real life meat the shit out of him.
legendary
Activity: 1876
Merit: 1303
DiceSites.com owner
Scamming people is not nice work Tongue but I will assume you don't mean it like that.

Few pages ago, there was a 270 BTC transaction that was connected with 1 of the tiny withdrawals. I did not verify it though. And just quickly assumed that this 270 BTC is at least the minimum they got.
sr. member
Activity: 299
Merit: 253
For let's say 300+ BTC in 3 months, that's not much time/energy.

Nice work I must admit. Are there any estimates that are based on something or did you just randomly guess the 300?
legendary
Activity: 1876
Merit: 1303
DiceSites.com owner
Well in one of the first few pages of this topic you can see that the site (design-style, all the code and copy-writing-style) was an exact copy of a previous ponzi called PokerByProxy. So the ponzi owner just keep using that software for many ponzi's, doesn't take too much trouble I guess.

All the trouble was reading a bit about arbitrage and making a fake report of it every day. For let's say 300+ BTC in 3 months, that's not much time/energy.
sr. member
Activity: 423
Merit: 250

How long would you guys suggest waiting before I report my BTC as stolen? The site has been down all week. I don't expect to get my BTC back if btc-arbs has officially skipped town, but I suspect I would need to file a police report or something regardless in order to include the loss on my tax return. (I'm in United States)

I just find this whole debacle to be so dumb, because you *could* make money with automated arbitrage trading if you're an above-average software developer willing to put in the time and energy (and able to obtain ample cash/btc of course). The site's creator(s) was/were good enough to make a nice looking site with a database of users, deposit/withdrawal functionality, etc.  ...they couldn't spend the extra time/energy to make a *real* arbitrage trading site instead of a *ponzi*?
full member
Activity: 182
Merit: 100
lesnod i am naive in my thinking and either you or your lawyers don't have balls. Money cases are the easiest and quickest and there is a very specific reason for that: the powers that be want to make it clear that when it comes to money owed there is no playing up.

In my case on two occasions I managed to get my clients their money back before initiating proceedings, and the way I did it is by showing them what we will do to them if they do not pay up and we go ahead. It is not a threat, it is a clear presentation to them of 1+1=2.

I'm happy for it to take 10 years, as long as I know who I am up against, unlike the BTC crap going on now. You are accusing the prey of being guilty for falling to the scum bag, man you take such terrible positions it's not funny. The prey is not guilty for falling into the traps, putting traps is illegal. What I'm guilty of is using a faulty system like BTC, it is like a very beautiful woman walking scantily clothed on a ship with 40 sailors none of them gay who have been at large for weeks and hoping not to get mugged, to put it politely on a public forum. If you didn't get that one, try: using BTC is like using Windows 95 and hoping not to catch a virus. Enjoy your BTCs and the one who takes them from you in exchange for anything, good on them finding the next idiot.

Clearly you have very little experience in court dealings. We have repo'd cars that are without engines and tires and all and we sell what we can, but going after these people is nearly impossible. When their defense is something like the engine was stolen and insurance needs to pay it gets another party involved that ads time, difficulty and expense. Even if it goes smooth a lot of times you can't bleed a turnip an example in one particular case we won the defendant ended up showing criminal intent - he went to jail but did we see a dime?.... nope!
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Ron James is doing his best.

This name is a pseudonym. The Ron depicted by them is a non existant person. There is no hope to recover from a HYIP. The end. You can earnm hyips but it's still to risky, people should have never taken this seriously from the start.
newbie
Activity: 24
Merit: 0
Welp, I'll be surprised if he comes back up.

It is my sincerest hope that someone kicks that nutsack hard enough to lift him two feet off the floor.  If they do, they are welcome to whatever profit they may make from it.

It is my speculation that the uptick in the value of BTC was more than Adam could ignore.  He decided to sell.

sr. member
Activity: 364
Merit: 250
newbie
Activity: 26
Merit: 0
Guys, i just don't think Ron is doing a very good job hey.
newbie
Activity: 12
Merit: 0
Im only here to say that I got my money back since the sold of the web, they ask my BTC address and send my money back (when the page still working, 5 or 6 days ago) and I put it inside again. I think this should be some credit to this guys. Is true: the web still down and we haver zero notice, that is some irresponsible from them. I hope come back, I still think they do. Remember the last time it goes down, everyone in panic, etc etc; and now something similar is happening. This HYP site is the only one I saw goes down and up again.

Dude, it's done.  Stop trying to put a halo on the scammers.

I already hear that before, with different results. Is my way to see it, if you are not agree so is you point of view; that´s all.
newbie
Activity: 14
Merit: 0
member
Activity: 119
Merit: 100
noobie
seems down for now, lost 0.05 btc... anyway, that was fun the time it last...
hero member
Activity: 826
Merit: 500
People feel safer with big brother watching over them.

Then they're fools with blinders on. But I know you're in favor of a nanny state who holds your hand through everything and absolves you of any personal responsibility for the outcome of your decisions.

Dont say me. I am saying the masses. I am saying the issue with being adopted by the majority of people.
sr. member
Activity: 364
Merit: 250
People feel safer with big brother watching over them.

Then they're fools with blinders on. But I know you're in favor of a nanny state who holds your hand through everything and absolves you of any personal responsibility for the outcome of your decisions.
y80
full member
Activity: 145
Merit: 100
It's down for good this time it seems.
hero member
Activity: 826
Merit: 500
I blame myself for losing the money. I knew it was a risk. I was hoping to pull out before they folded. I guessed wrong. I do think it is a serious drawback of BTC for being adopted on a wider scale. Most people are going to say what problem does this solve? I have a credit card(digital money) which buys everything I want and protects me from a lot of things. BTC the only thing I can buy that I cant buy with my credit card are illegal things. Until there are more protections BTC will not be adopted by the masses. It still may grow in value because people will still come it just will not be as big as it could be.

Your credit card is regulated by a central authority. Bitcoin is not. This is the difference. Bitcoin will continue to grow. Just not as fast.

I dont not think this is as big of an issue for the majority of people. If centralized means safer they will take it. That is normally why things become centralized. People feel safer with big brother watching over them. Currently anarchist and libertarians are a small portion of the population. Therefore BTC will be limited in growth until it becomes more appealing as a tech innovation that is safe. I am not saying that I think BTC will go away just stating that I think there is a limited audience that will accept it.
sr. member
Activity: 406
Merit: 250
I blame myself for losing the money. I knew it was a risk. I was hoping to pull out before they folded. I guessed wrong. I do think it is a serious drawback of BTC for being adopted on a wider scale. Most people are going to say what problem does this solve? I have a credit card(digital money) which buys everything I want and protects me from a lot of things. BTC the only thing I can buy that I cant buy with my credit card are illegal things. Until there are more protections BTC will not be adopted by the masses. It still may grow in value because people will still come it just will not be as big as it could be.

Your credit card is regulated by a central authority. Bitcoin is not. This is the difference. Bitcoin will continue to grow. Just not as fast.
hero member
Activity: 826
Merit: 500
I blame myself for losing the money. I knew it was a risk. I was hoping to pull out before they folded. I guessed wrong. I do think it is a serious drawback of BTC for being adopted on a wider scale. Most people are going to say what problem does this solve? I have a credit card(digital money) which buys everything I want and protects me from a lot of things. BTC the only thing I can buy that I cant buy with my credit card are illegal things. Until there are more protections BTC will not be adopted by the masses. It still may grow in value because people will still come it just will not be as big as it could be.
newbie
Activity: 14
Merit: 0
Im only here to say that I got my money back since the sold of the web, they ask my BTC address and send my money back (when the page still working, 5 or 6 days ago) and I put it inside again. I think this should be some credit to this guys. Is true: the web still down and we haver zero notice, that is some irresponsible from them. I hope come back, I still think they do. Remember the last time it goes down, everyone in panic, etc etc; and now something similar is happening. This HYP site is the only one I saw goes down and up again.

Dude, it's done.  Stop trying to put a halo on the scammers.
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