How can we prevent similar tragedies in the future? - page 2.

toleng

sr. member

Activity: 261

Merit: 250

Quote from: jbreher on September 20, 2014, 01:20:40 PM

Quote from: raganius on September 19, 2014, 10:00:03 PM

I understand your point of view, and I even agree with your disposition to automatically deduct credibility points from users with rented sigs. The quality of the posts tend (in some cases) to drop significantly, because the person is only interested in QUANTITY posting, but sometimes lack QUALITY.

So, the idea in deducting credibility points can be a way to stimulate more quality from this situation (or at least to be a filter to protect you from wasting your time).

But, anyway, there are exceptons: I mean, users who rent their signature and work (hard) to keep quality... (Although I know I am not the best contributor to this forum, I try to keep some quality).

It is not just about quality vs quantity. By involvement in a sig ad campaign, you are announcing to the world that you view your very own reputation as worth nothing more than a few shekels.

A person's reputation is not what is in their signature line, it is how they act and what they say. Having a paid signature is nothing more then receiving money for advertising a good or a service. If you are against advertisements then you should be against this forum (that sells ads) and any source of media/news as they make almost all their money from advertisers.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: raganius on September 19, 2014, 10:00:03 PM

I understand your point of view, and I even agree with your disposition to automatically deduct credibility points from users with rented sigs. The quality of the posts tend (in some cases) to drop significantly, because the person is only interested in QUANTITY posting, but sometimes lack QUALITY.

So, the idea in deducting credibility points can be a way to stimulate more quality from this situation (or at least to be a filter to protect you from wasting your time).

But, anyway, there are exceptons: I mean, users who rent their signature and work (hard) to keep quality... (Although I know I am not the best contributor to this forum, I try to keep some quality).

It is not just about quality vs quantity. By involvement in a sig ad campaign, you are announcing to the world that you view your very own reputation as worth nothing more than a few shekels.

tss

hero member

Activity: 742

Merit: 500

shocker. not

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: Nagle on September 18, 2014, 12:28:39 PM

"Returns of up to 130% in just 24 hours." Of course it was a Ponzi scheme. What did you think was going to happen?

idiots lost money. i dont see a problem here. (and yes, it will never end in human history Cheesy

)

butterfly labs and others are a different case.

HeadsOrTails

full member

Activity: 233

Merit: 102

Quote from: mellzinha on September 19, 2014, 11:44:24 AM

Quote from: Nagle on September 18, 2014, 12:28:39 PM

"Returns of up to 130% in just 24 hours." Of course it was a Ponzi scheme. What did you think was going to happen?

The thing is: some people are so greedy that they just cannot think clearly... The scammers explore this awful reality, and the victims are exactly those uncontrolled greedy ones.

Those on the signature campaign were not in the wrong: no one could ever imagine that there are still such stupid people to invest in ponzi...

Finally, some empathy.
I'm angry and upset these things keep happening.
People get caught up in emotion - maybe they owe loans,bills, debts - and they find a reasonable 4% return and think, well, it's safer than altcoin ICOs.

If there is a lesson to be learned here it's escrow wherever possible and proof of developer.

My condolences to the victims.

HeadsOrTails

full member

Activity: 233

Merit: 102

Quote from: awesome31312 on September 20, 2014, 07:19:39 AM

Thank you very much for your valuable contribution

Another person OK with scammers making $30k in a dozen days, huh?
Maybe a little compassion would defuse the SEC knee-jerk reactions? Because were it me, I'd be shattered. And the last thing I'd want is condescending retorts.

To those who lost out, I feel for you. I hope a lesson was learned and if you feel you need to contact the SEC after cooling off, then do so.
No one else gives a shit about these scammers raping new investor blood.

Karma's a bitch. These scammers will learn how karma works in time.

HeadsOrTails

full member

Activity: 233

Merit: 102

Quote from: yatsey87 on September 18, 2014, 12:25:29 PM

Want to know how to stop these scammers? Don't give your money to ponzis? Problem solved. They'd go away if nobody "invested" in them.

You sound more irritated with the victims of the scam than the scammer who made $28,000. Myself, I can't be pissed off moreso at the scammer. Yes, it's idiotic to invest without due diligence. But I know smart people can get caught up in this too.

BCT has a good reputation - people assume the content herein is more legit much moreso than the other crypto forums.

Non-reversible transactions are a new frontier; the blasé attitude will come back to bite us all (as NY knows).

claimore

member

Activity: 70

Merit: 10

Pople has to be responsable of their own wallets.. thats all.

awesome31312

hero member

Activity: 826

Merit: 504

Quote from: Nagle on September 20, 2014, 12:27:50 AM

Since they're still on line, accepting money, something needs to be done.

Start filling out this Securities and Exchange Commission complaint form now.

Doesn't matter if they're not in the US, if you are and they sold to you.

Select the "Ponzi scheme" option (the first option; the SEC gets these a lot).

If you lost money, check the Yes box for "Are you having or have you had difficulty in getting access to your funds or securities?".

Check the "Yes" box for "Is the alleged conduct ongoing?".

Keep going; there are options to attach documents.

The SEC brings the hammer down on Ponzi schemes all the time. Their most recent enforcement action for a Ponzi was on September 17th. Doesn't matter if it's in Bitcoins; the SEC won on that issue in court last year on another Bitcoin Ponzi. Doesn't matter that they have "private domain registration" and are being hosted by a "cloud service"; the SEC can find them.

It's worth reporting this even if the parties are not in the US. Someday, they just might pass through US Customs, and they'll be in the database.

Thank you very much for your valuable contribution

Waramp22

sr. member

Activity: 321

Merit: 250

I don't get what happened here. Users report "yay i got my first transaction" but the transaction was being sent to the big 73btc wallet that got cleaned out. If was posting about my first withdrawl it would be a withdrawl into my own wallet and not sitting in a website.

williamj2543 - 294 posts
https://bitcointalksearch.org/topic/m.8614904

nakazznicek - 56 posts
https://bitcointalksearch.org/topic/m.8621649

Haslett5236 - 112 posts
https://bitcointalksearch.org/topic/m.8641769

david186 - 70 posts
https://bitcointalksearch.org/topic/m.8644873

RoxanaMallet - 126 posts
https://bitcointalksearch.org/topic/m.8645668

LorettaAndres - 112 posts
https://bitcointalksearch.org/topic/m.8648004

NadineWilliams - 112 posts
https://bitcointalksearch.org/topic/m.8649238

Jackson86 - 112 posts
https://bitcointalksearch.org/topic/m.8650897

soccosocco - 140 posts
https://bitcointalksearch.org/topic/m.8659063

nawaytes - 98 posts
https://bitcointalksearch.org/topic/m.8662945

etc.

robhimself

full member

Activity: 154

Merit: 100

Calling out scams, one HYIP at a time...

People argued with me in a thread in the gambling forum about the concept of trusting anything that is clearly a Ponzi scheme, even games that admit to being Ponzis. By definition, a Ponzi or a HYIP is a scam, and thinking otherwise is just ridiculous, greedy and short-sighted.

Nagle

legendary

Activity: 1204

Merit: 1002

Since they're still on line, accepting money, something needs to be done.

Start filling out this Securities and Exchange Commission complaint form now.

Doesn't matter if they're not in the US, if you are and they sold to you.

Select the "Ponzi scheme" option (the first option; the SEC gets these a lot).

If you lost money, check the Yes box for "Are you having or have you had difficulty in getting access to your funds or securities?".

Check the "Yes" box for "Is the alleged conduct ongoing?".

Keep going; there are options to attach documents.

The SEC brings the hammer down on Ponzi schemes all the time. Their most recent enforcement action for a Ponzi was on September 17th. Doesn't matter if it's in Bitcoins; the SEC won on that issue in court last year on another Bitcoin Ponzi. Doesn't matter that they have "private domain registration" and are being hosted by a "cloud service"; the SEC can find them.

It's worth reporting this even if the parties are not in the US. Someday, they just might pass through US Customs, and they'll be in the database.

bornil267645

sr. member

Activity: 406

Merit: 250

AltoCenter.com

No matter how much we try, it seems like new and new lacking opens up everyday Embarrassed

raganius

sr. member

Activity: 308

Merit: 250

Quote from: jbreher on September 19, 2014, 09:13:08 PM

Quote from: DannyHamilton on September 19, 2014, 11:38:22 AM

Quote from: jjc326 on September 19, 2014, 11:14:37 AM

I don't get why scum were advertising for them too
- snip -

The same reason that people advertise gambling websites that acquire money from those who don't understand the mathematics of negative expectation:

Greed.

Haha. Called out. No shit, right?

This sig campaign thing is a noxious epidemic. I've been rockin' my current sig for several weeks now. Chew it, shills.

I understand your point of view, and I even agree with your disposition to automatically deduct credibility points from users with rented sigs. The quality of the posts tend (in some cases) to drop significantly, because the person is only interested in QUANTITY posting, but sometimes lack QUALITY.

So, the idea in deducting credibility points can be a way to stimulate more quality from this situation (or at least to be a filter to protect you from wasting your time).

But, anyway, there are exceptons: I mean, users who rent their signature and work (hard) to keep quality... (Although I know I am not the best contributor to this forum, I try to keep some quality).

Quote from: Bit_Happy on September 19, 2014, 01:06:47 PM

This is not a tragedy, but a sour "comedy" which has run on for too many seasons with different actors in the lead roles.

I also agree with you: a sad comedy.

kingscrown

hero member

Activity: 672

Merit: 500

http://fuk.io - check it out!

i love people investing in ponzis heh

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: DannyHamilton on September 19, 2014, 11:38:22 AM

Quote from: jjc326 on September 19, 2014, 11:14:37 AM

I don't get why scum were advertising for them too
- snip -

The same reason that people advertise gambling websites that acquire money from those who don't understand the mathematics of negative expectation:

Greed.

Haha. Called out. No shit, right?

This sig campaign thing is a noxious epidemic. I've been rockin' my current sig for several weeks now. Chew it, shills.

cdog

hero member

Activity: 1036

Merit: 500

This is comedy. Suckers trying to make a quick easy buck got hustled, cant say I have an ounce of sympathy.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

This is not a tragedy, but a sour "comedy" which has run on for too many seasons with different actors in the lead roles.

serje

legendary

Activity: 1232

Merit: 1002

Quote from: raganius on September 19, 2014, 01:00:14 PM

Quote from: pikabit on September 19, 2014, 12:53:05 PM

Did they even pay the advertisers?

As far as I know, the signature campaign payments were daily, BUT on the ponzi's website.

Those advertisers who were smart enought to make daily withdrawals to their personal wallet were paid until the scammers runned away. Now, those who (for no matter what reason) left their payments accumulating at the ponzi's site surely have lost it.

I confirm this ... i got 15$ and 10.5$ left there because i was afk for a few days ... so that 10.5 went bye bye

raganius

sr. member

Activity: 308

Merit: 250

Quote from: pikabit on September 19, 2014, 12:53:05 PM

Did they even pay the advertisers?

As far as I know, the signature campaign payments were daily, BUT on the ponzi's website.

Those advertisers who were smart enought to make daily withdrawals to their personal wallet were paid until the scammers runned away. Now, those who (for no matter what reason) left their payments accumulating at the ponzi's site surely have lost it.

Topic: How can we prevent similar tragedies in the future? - page 2. (Read 4241 times)