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Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds - page 94. (Read 276958 times)

sr. member
Activity: 364
Merit: 250
Wish I had found this thread first...

Incidentally same topic of conversation over on Litecointalk (https://litecointalk.org/index.php?topic=19341) as well...

Yeah, it seems like most of the people on Litecointalk bought the story, the same way I did...except most seem to be continuing to theorize about things as though BTC-Arbs were legitimate. I think it's become pretty abundantly clear that it isn't and probably never was...although "Adam" did a bang-up job of posting very plausible and knowledgeable results posts for the prior couple of months, including hints at their supposed arbitrage method which were very much in line with how to do it efficiently, all of which lent credibility to the story.

But yeah, it's devolved into one-line results announcements and no further discussion of their "business plan," etc...and form letter or one-line replies in the support zone, none of which have anything close to the appearance of legitimacy that the site once had.

Every time I read the name Ron James, I can't help but hear Dave Chappelle in my head. "I'm Ron James, bitch!"
full member
Activity: 182
Merit: 100
Well I have just initiated another withdrawl since I have heard nothing on my 50% support ticket  Huh - So.... it's going to be chipping away at pennies for me.
sr. member
Activity: 376
Merit: 250
Wish I had found this thread first...

Incidentally same topic of conversation over on Litecointalk (https://litecointalk.org/index.php?topic=19341) as well...
full member
Activity: 182
Merit: 100
wrong ... read again !
I got 50% back on an account with 1.54 BTC in it ...
didn't get it on the 3.6 BTC account ...

Do you have multiple accounts?

Lol, obviously he did.
sr. member
Activity: 364
Merit: 250
Didn't even get a legacy transfer for the 12th. It's not bad enough that they're trickling out legacy payments .1% at a time, they've got to skip a day here and there.
mkc
hero member
Activity: 517
Merit: 501
wrong ... read again !
I got 50% back on an account with 1.54 BTC in it ...
didn't get it on the 3.6 BTC account ...

Do you have multiple accounts?
full member
Activity: 182
Merit: 100
So I'm going to assume my 50% offer wasnt taken. There has been no response from my support ticket.
full member
Activity: 182
Merit: 100
so ... did u get your money back afterall ?

I got 50% - 50% on one account an still waiting on the other


No, I'm getting small trickles of money, it will take me over a year to get all my money back.  I did send a support ticket asking if I can get half of it and he can keep the other half, but I haven't heard anything back yet.

They only seem to be biting on those offers when it's a very small amount of Bitcoin. I don't think it'd help someone in my position, who is still owed over 35 Bitcoin. They're just going to keep trickling it out for however long they're still in operation. I offered to settle for a return of my principal investment and was replied to with a form letter, and with the "Ron James is doing his best" reply.

Yeah, and I'm 1/10th of you and still might not get it. Someone earlier said their account of 3.6 was denied this, which is about what mine is at.
sr. member
Activity: 364
Merit: 250
so ... did u get your money back afterall ?

I got 50% - 50% on one account an still waiting on the other


No, I'm getting small trickles of money, it will take me over a year to get all my money back.  I did send a support ticket asking if I can get half of it and he can keep the other half, but I haven't heard anything back yet.

They only seem to be biting on those offers when it's a very small amount of Bitcoin. I don't think it'd help someone in my position, who is still owed over 35 Bitcoin. They're just going to keep trickling it out for however long they're still in operation. I offered to settle for a return of my principal investment and was replied to with a form letter, and with the "Ron James is doing his best" reply.
full member
Activity: 182
Merit: 100
so ... did u get your money back afterall ?

I got 50% - 50% on one account an still waiting on the other


No, I'm getting small trickles of money, it will take me over a year to get all my money back.  I did send a support ticket asking if I can get half of it and he can keep the other half, but I haven't heard anything back yet.
hero member
Activity: 826
Merit: 500
wrong ... read again !
I got 50% back on an account with 1.54 BTC in it ...
didn't get it on the 3.6 BTC account ...

You are right I missed it. Did they take your legacy away or are they slowly returning the rest?
sr. member
Activity: 358
Merit: 250
wrong ... read again !
I got 50% back on an account with 1.54 BTC in it ...
didn't get it on the 3.6 BTC account ...
hero member
Activity: 826
Merit: 500
did you try to offer a 50-50% split ?
or something alike ?

I have not seen them take a single one of those deals. I really think people need to stop sending them support messages. They only use canned responses so we are not going to learn anything new. And if they are trying to get money back we are wasting their time. All we can do is wait and see. And warn others about it.
sr. member
Activity: 358
Merit: 250
did you try to offer a 50-50% split ?
or something alike ?
sr. member
Activity: 364
Merit: 250
Is there anyone that has been paid more than the 2 btc that was reported earlier?

Nearly 4 btc are back... the only problem is that it is 4 out of 35 sent initially.

I've got a total of around 2 Bitcoin back out of the 37-ish that I was owed. Right now I've got a little over 35 still in legacy. The past several days the payouts have been .1% of the legacy balance. At this rate, I could expect to be made whole after about 300 days or so.

The response to my latest complaint (basically stating that I'm not an idiot and that their claims that the site was hacked resulting in losses doesn't hold any water, since they don't run a web wallet and no coins are stored on the website):

"Ron James is doing his best."

Because you know...the CEO of a major venture capital firm and/or hedge fund (they can't seem to decide which one they are) is going to be the one who's on the ground, overseeing the return of funds. That's not something he'd delegate, or anything.
newbie
Activity: 29
Merit: 0
Is there anyone that has been paid more than the 2 btc that was reported earlier?

Nearly 4 btc are back... the only problem is that it is 4 out of 35 sent initially.
sr. member
Activity: 358
Merit: 250
so ... did u get your money back afterall ?

I got 50% - 50% on one account an still waiting on the other
newbie
Activity: 56
Merit: 0
Still very curious how much time it will be up and running. Once with the "aquisition" all percentages were very low comparing with previous results (before April 20th). and at daily results page, the message is very short at the point...no other explanations as they were in past...
hero member
Activity: 854
Merit: 510
Just curious, how long was this running before it kicked the bucket? A few weeks?

Actually it was almost 12 weeks   
full member
Activity: 182
Merit: 100
Just curious, how long was this running before it kicked the bucket? A few weeks?

It was an epic fail paying for about 8 weeks. At the interest rates they were paying and with people depositing 50 flippin bitcoin each - nothing but a cash grab and run.
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