Author

Topic: [IOTA] IOTA Speculation - page 108. (Read 171564 times)

newbie
Activity: 61
Merit: 0
June 19, 2016, 08:11:07 AM


I agree there is responsibility on both sides. Yes, lesson learned, always use escrow.


As rdanneskjoldr already touched upon, there is absolutely zero responsibility on our part to fix your screw ups that you made against our 6 month non-stop warnings of exactly this scenario. None.

Us deciding to help you out despite your fuckup is nothing other than altruism because we want as many good guys in IOTA as possible, but it's not something we are responsible for, you're an adult, you went against our advice and you got burnt for it, the fact that we are potentially able to help you out of the situation should not stop you from learning the lesson here.

When I say there is responsibility on both sides, I meant between the Buyer & Seller not the IOTA community. But the IOTA community should consider penalizing the scammer if it can. I believe that is what is being considered by the community at this time.

The idea to contribute some of the recouped funds to the IOTA Foundation is a sound one and hopefully will be considered.
hero member
Activity: 799
Merit: 1000
June 19, 2016, 07:57:47 AM
I know it is too late now, but I've never understood why someone makes a deal with CH without escrow. He never gives the impression of a trustful person. Every second day he was here drunk and insulted people.
hero member
Activity: 714
Merit: 500
June 19, 2016, 07:55:17 AM


I agree there is responsibility on both sides. Yes, lesson learned, always use escrow.


As rdanneskjoldr already touched upon, there is absolutely zero responsibility on our part to fix your screw ups that you made against our 6 month non-stop warnings of exactly this scenario. None.

Us deciding to help you out despite your fuckup is nothing other than altruism because we want as many good guys in IOTA as possible, but it's not something we are responsible for, you're an adult, you went against our advice and you got burnt for it, the fact that we are potentially able to help you out of the situation should not stop you from learning the lesson here.
hero member
Activity: 714
Merit: 500
June 19, 2016, 07:51:26 AM
legendary
Activity: 1225
Merit: 1000
June 19, 2016, 07:35:36 AM
How is the escrow taking place here.

I feel like seller has full control here. Since things IOTA will only go once wallet is released, if the price is higher than 'agreed price', seller probably will back out, if price is lower than agreed price then escrow deal would go through. Its not a 'true' escrow unless BTC and IOTA are both in escrow.
+1

Huh

First, the wallet is released, then after some time iota launches officially, then after a week or so it gets listed on exchanges.

The sellers have more than enough time to send the iotas before there is an open market price.

But agreed, sellers should have put up a collateral.
full member
Activity: 159
Merit: 100
June 19, 2016, 07:32:31 AM
expect those over sold and not delivered iotas to be dumped on the market as soon as iota reaches the exchanges... i'd advise all to be ready for the cheap buys
sr. member
Activity: 288
Merit: 250
June 19, 2016, 07:22:32 AM


I agree there is responsibility on both sides. Yes, lesson learned, always use escrow.



Absolutely not. If one guy buys a car, and you rebuy it to him, without checking or taking any security measures, do you go to the original seller to claim a car? Or to tell them to seize the car the scammer legitimately bought? No way.

Those buyers decided to ignore every advice, it was  repeated 1000 times to use escrow.
Not only doing something stupid for yourself, but also harming the IOTA community, and you didnt care at all of the harm you could cause.
And now you claim its half responsibility of the community? NO WAY

Maybe you get lucky and they decide to do something about this, but stop crying its anyones responsibility but yours.

And i dont care how rude i sound. Ive been all this time telling people to use escrow, advising to do secure trades, and trying to help.And i havent sold anything except a small chunk months ago. All to keep the environment healthier. Also i keep saying to be careful with cryptoknight, because im suspicious he may oversell.
legendary
Activity: 1455
Merit: 1033
June 19, 2016, 06:51:46 AM
How is the escrow taking place here.

I feel like seller has full control here. Since things IOTA will only go once wallet is released, if the price is higher than 'agreed price', seller probably will back out, if price is lower than agreed price then escrow deal would go through. Its not a 'true' escrow unless BTC and IOTA are both in escrow.
+1

Huh
newbie
Activity: 61
Merit: 0
June 19, 2016, 06:49:07 AM
What CfB was referring to is the fact that by helping out a few people who made a mistake that they should never have made, we might actually hurt other people in the long term by not letting people learn the hardway, which is usually the only way people learn.

maybe a middle solution would be to freeze CH account, and pay scammed people with a "tax" of x% going to the fundation?
This way: 1 people are not enterly scammed, 2 learn the lesson and 3 fundation goes up
We can see this like the "escrow" service provided at the begining by Cfb, but now with a x% charge.

CH was an obvious scammer from the beggining. I cant' understand how people made trades with this guy...


I agree with YouYou. A middle way.
 
By saying. "you were stupid, too bad" to the buyers the IOTA community is saying it's ok for criminals to steal and lie.

As IOTA decentralization has not taken place the idea that it will  somehow affect IOTA's reputation is moot.

I agree there is responsibility on both sides. Yes, lesson learned, always use escrow.

Perhaps 50% of the funds that are recovered, from freezing CH's account can be given to the IOTA Foundation. This would be a win for the buyers who were robbed and the IOTA Foundation. The only loser would be Child_Harold.

1 sent 1.7 BTC to Child_Harold (65,000 IOTA).

The list of scammed buyers is getting longer:
naj
wesgen
Niemand
888cj
Cizzen
koYnsta
zercrypt
Lyricz

--------------
-----------------
These are the details of my transactions with CH:
--------------------------
MArch 23rd: child_harold
#24: 35K IOTA for 1 BTC- 888cj:
https://bitcointalksearch.org/topic/m.14289504
----------
April 8th: child_harold
Congrats to 888cj!
30K IOTA @0.7BTC- 888cj
txid: bd670c0d37e9b6443b86edd93bb96e08746a26773a2952a90256f4f1df036ee5
https://bitcointalksearch.org/topic/m.14464308
---------------
child_harold Instructions:
https://bitcointalksearch.org/topic/m.14147007
---------------
sr. member
Activity: 258
Merit: 250
June 19, 2016, 06:36:41 AM
Is anyone still selling IOTA?

PS: Don't send me scam PMs I already talked to one scammer Smiley
hero member
Activity: 1068
Merit: 523
June 19, 2016, 01:39:12 AM
full member
Activity: 159
Merit: 100
June 18, 2016, 09:49:47 PM
wow, the people in this thread are so friendly and kind Roll Eyes

They are very nice people here in BitcoinTalk...

So the new Iota...  and it's coming out in LTC market... lol. good luck with that.


i was not talking to you Roll Eyes
hero member
Activity: 1596
Merit: 534
June 18, 2016, 09:44:37 PM
wow, the people in this thread are so friendly and kind Roll Eyes

They are very nice people here in BitcoinTalk...

So the new Iota...  and it's coming out in LTC market... lol. good luck with that.

full member
Activity: 159
Merit: 100
June 18, 2016, 09:32:13 PM
wow, the people in this thread are so friendly and kind Roll Eyes
legendary
Activity: 2156
Merit: 1070
June 18, 2016, 09:15:29 PM
I do not like conflicts and to behave in a way which annoy people, but the killer feature of Bitcoin is DECENTRALIZATION.

So I hope there will be no lock for CH address, even so it hurts some buyers, sorry, but to be DECENTRALIZED is more important.

This is not bitcoin. If you want to buy bitcoin, go to www.bitfinex.com. Its currently around $750.

hero member
Activity: 690
Merit: 501
June 18, 2016, 08:37:53 PM
Anyone care to do some price speculation for post exchange IOTA?

I'm thinking it should hit at least 10Million USD market cap fairly quickly, as PR and marketing progress.
hero member
Activity: 714
Merit: 500
June 18, 2016, 06:34:12 PM
I do not like conflicts and to behave in a way which annoy people, but the killer feature of Bitcoin is DECENTRALIZATION.

So I hope there will be no lock for CH address, even so it hurts some buyers, sorry, but to be DECENTRALIZED is more important.

Was bitcoin decentralized before it launched?

Doesn't even matter... Satoshi clearly states his motivation for Bitcoin, it tries to address a completely different issue than 'Economy of Things' that IOTA enables, AFAIK no one has tried to actually solve the problems facing the barries to the 'Machine Economy' pre-IOTA, so those who are still stuck in 2009 should get up to date, tons of things change in 7 years.
sr. member
Activity: 258
Merit: 250
June 18, 2016, 06:33:23 PM
How is the escrow taking place here.

I feel like seller has full control here. Since things IOTA will only go once wallet is released, if the price is higher than 'agreed price', seller probably will back out, if price is lower than agreed price then escrow deal would go through. Its not a 'true' escrow unless BTC and IOTA are both in escrow.
full member
Activity: 159
Merit: 100
June 18, 2016, 06:30:39 PM
I do not like conflicts and to behave in a way which annoy people, but the killer feature of Bitcoin is DECENTRALIZATION.

So I hope there will be no lock for CH address, even so it hurts some buyers, sorry, but to be DECENTRALIZED is more important.

Was bitcoin decentralized before it launched?
actually, even after launch, btc has even been hard forked Wink
legendary
Activity: 1225
Merit: 1000
June 18, 2016, 06:17:06 PM
I do not like conflicts and to behave in a way which annoy people, but the killer feature of Bitcoin is DECENTRALIZATION.

So I hope there will be no lock for CH address, even so it hurts some buyers, sorry, but to be DECENTRALIZED is more important.

Was bitcoin decentralized before it launched?
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