Topic: Is BTCPOP a scam? (Read 7585 times)

Fuck no! So I have been on btcpop.co seen Registered: 2016-09-06 20:29:50, I have to say I think I got there a little after the ownership change. From all the information I got the ex-owner was a scammer. But I have never had 1 problem with btcpop itself. Now investing in loans you have to go at it at your own risk. But as for the site everything I deposit I get. We were one of if not the first site to have access to their bitcoin cash. They are working on the API as am posting this and the staking wallets are awesome! Never missed a staking payout. I haven't even gotten to the best part, the community on btcpop has to be one of the best you can find on any website. Members help each other in any and all ways possible from trying to recover funds from defaulters to the silliest questions it all gets answered. The one thing that I think is the best feature that btcpop offers are collateral loans. Which added a safety net for investor something you can't find on any other p2p lending platforms. I am a daily user of the site and I wouldn't change it for anything in the world, on top of the fact that the site keeps growing with every day that pass. Anyways the point of this post it to answer the question "is btcpop a scam" and just like I started the post fuck no they are not a scam. Can't say the same about borrowers.

I recently created an account & moved some alts over. The deposits showed up quickly & all has been well thus far. I will be sure to update if anything changes, but my initial hesitation has settled a great deal now. Like most other investments, there is risk, so please take the time to do your own due diligence like I did. I'm just sharing my own experience to help others decide if the reward is worth the risk for themselves..

Started a new Thread for Btcpop at https://bitcointalksearch.org/topic/btcpop-p2p-bitcoin-bank-1919461 

Hello All,

I'm Pleased to announce that Btcpop is not a scam, and Btcpop has actually been growing rapidly lately and is on pace to do 1000 Btc worth of loans, Bonds, and IPO's in just the last 2 months!

I was around when Lee was here and this thread started....legitimate thread. But L33 is gone, systems are working great, and Btcpop is thriving with all the cynical people who got burned early on at Btcjam and other sites keeping default rates at record lows. As well as collateralized loans and insurance protecting investors funds.

Check out our blog https://blog.btcpop.co/ for some updates. https://blog.btcpop.co/featureguide/ all of Btcpop's now working and profitable features.

I intend to start and official Btcpop Thread somewhere when I figure out how.

As one of the investors in your loan, Mr. Borgminer, I'd say you are being ridiculous.
Here are two very simple facts:
1. Casimir1904 has repaid every loan he has ever taken.
2. You have not.

And yet He is the untrustworthy one? 
This is just an excuse, and every sane person here knows it.

I posted your deposit address, you're able to deposit and investors can confirm they got payments after liquidation cron runs.
You don't have any valid reason to not pay.
I'm not going to argue more about it at all.

You deposited before to it so you can easly confirm its yours by checking your outgoing transactions.

You're banned because your language.
Example:
"Awww so sweet . learn to fucking read you stupid fuck .   

 @cas   allowing former employees of Pop to release documents that they should no longer have access to is a crime .    but hey if you were a legit business instead of hiding your company behind an IP . you would know that .  but hey let ban people from exposing your huge scam with LEE."

No one of POP except me has any documents, even I don't have your documents as you verified via Ardeva.
I don't send anyone to do whatever, its you who piss off everyone, I got some quotes from Getline chat.
You go mad all the time, then you say you pay and everyone should fuck off or learn to read or whatever and your payment is like $5 in 4 months.
I never attacked you.



I told you also in support that I'll ignore you as long its not about repayments of your loans.
I've better things to do as reading your bad language and stupid acusations what even doesn't make sense.

It was also me who said we can do this all public.
Funny fact: In Germany we call what you do "Idiot dot" ( Leaving a space before the dot ).

Your last deposit address is: 1dbvrKt9qkhtf5HomDD5nx2dLuPrQ6xTp

Again:
I've no problem to do this all public.
I or you can post your deposit address and investors can confirm or not confirm that they received payments from you. All traceable via the blockchain.
I don't unban you.
In your last bad/none formatted post you came with a lot acuisations again, I don't care about all of them. Even if you was right, there is no way to avoid shares drops in value.
Its not my fault that Lee runned miners in a building where he didn't pay the rent, I even warned people before owning btcpop about mineb.

Fact is also that I can prove everything I said and say.

You came every now and then online to attack users,mods and staff on pop you blackmailed me about you wont pay if I ban you.
You was the one who depostited $5 in 4 months and then saying "I'm paying".

My support staff now assigned again a ticket from you to me, I tell you what: I'll just delete it.
If you want I post your deposit address here public, everyone can trace your deposits and no trust needed at all.
Alternate is you just say you're a scammer and don't want to pay and the story is over.
I'll not reply to anything more from you as long its not related to repay your debt.

So you bought BBS and MINEb shares, collateral locked them in your loan, shares turned out to be worthless and its Casimir's fault.

Yes, casimir, with his signed cold wallet balance covering three times all POP users balances, is 'very shady'.

POP hasn't made it harder to pay your debts, all you have to do is deposit to your address, liquidation script will do the rest.

SHould people trust pop ? no   admins and mods their are very shady . Should people use the platform ? yes the way it is implement is great .  You can bash me all you want casmir .  I keep people informed and do what I can to repay my debt . you make it hard to pay my debt .

false . you have been an investor in my past loans .  you have given some small advice on sites when i was just getting into bitcoin .  but where you are wrong is about jam and pop . I dont care how many coins you have .  you are dishonest person who spread lies . i have kept my loan updated on what is going on by telling people what is going on . you send your admin team to harass me and troll me .  you arent the only one with coins .  other people have coins . you arent my friend .  i have friends who understand my situation .  you might of saved me from losing one or 2 bitcoins . but i would of save you hundreds .  I called lee on his scam . and you mocked me .   You denied me access to pay my loan on pop when i have stated to my investors offline and on pop when ill be making payments . The people who have invested understood they just wanted me to pay it back .  though it has been a small amount it has been going down which i have said it will pick up .  You made it worse.   not only that but my loan was fully covered with collateral. I informed btcpop that i couldnt pay my loan to please sell my collateral to pay off the loan. I have also even asked to consoldate my loans on pop and to use my collaterol as payment and loan would of been locked in POP  .  Answer was no we have to wait for your to default ?    I defaulted .  Lee and Dom had a falling out . instead of freezing the bbs shares to get the issues resolved  between lee and dom  they let the shares tank. now keep in mind I asked for my collaterol to be sold long before this happened .   So they waited and let my shares become worthless .    Then I had hash power on POP as well .  They dump sold it to 10 percent of what is was actilly worth.   Shortly after all the fiscal Cas then somehow owns pop . And wouldnt do anything to work with me . 

Your account on btcpop wont be unlocked.
You say on Getline that pop has stolen lot coins of users. Where exactly did that happen?
Lee stolen/lost all coins. I covered all user balances with my own money and currently the cold wallet holds nearly 3x the amount of what users are holding on POP.

You're spreading lies, You're accusing me to scam with Lee.
You're acting like a child all the time, attacking and insulting users all the time on pop and then you complain about getting banned.
You was searching for more than a year for a reason to not pay your defaulted loans.
You can still repay your loans. Your loans are in liquidation, all coins in your account will be used to do part payments on your loans.
You have your deposit address, you can prove to others that you sent coins if they claim you're not paying. No trust needed to me or whoever.

And yes i know you've a lot reasons to not trust me.
I was a Investor in your Jam loans and Pop loans, i warned you about ponzi sites and I helped you a lot with advising.
You called me more than once Hitler and Nazi ( For Libertarian views and warning you about ponzis ).
You accuse me for scamming when I've put a lot money in POP to safe POP.
You accuse me for scamming with Lee where i've lost more than a Million USD to Lee.
You tell me what I should do and not do.
You don't care about others where you've stolen money from.

Yes you have all reason to not trust me.

I wish you a nice live and nice dreams, may your actions do all the good to you, you deserve.

btcpop is ok .  their admin is a douche .  old owner did run away with a lot of btc .  site all around is good

Enjoyed the site when I first started using it (except for investing in L33), loved it more after Casimir took over.  And it gets better every day.

As bad as false Scam accusations.
People keep falling for scams and the real business suffers from it.

Posted on the BTCPop Forums on the day I became owner:
Posted 19-06-2016 20:26:47

New coldwallet of BTCPOP: https://blockchain.info/address/1PPADLQsQoWfn4i24uNQxC8kYbA3PtzwWJ

Signed Message: New BTCPOP Coldwallet - Casimir1904
Signature: GyA8sWhLGjFBxfocROQ99/HlV73eGdELb2KGKoFUrbNfibryXq2rCUp0uPtmi4TMWHHiK61pnmSPRr0kz/O5LzU=
Address used for signing: 1PPADLQsQoWfn4i24uNQxC8kYbA3PtzwWJ

Since I own BTCPop a lot money left the site and as you can see not a single Satoshi of the Coldwallet was used.
The previous owner "lost" all coins and users was waiting for weeks and some even for months to get their coins.
I even helped them to get money out before owning pop with taking Vouchers from them and sending Bitcoins from my wallet.
Only that way I Cashed out more than 400 BTC.

Number of Pop members doubled. Loan volume is increasing. Defaults are decreasing even with increasing BTC price.
Bugs get fixed.
Worst problems was solved 5 Days after take over.

Scamers do not lend money. I have 2  loans that I am paying one for 0.05 and one for 0.10. Some days ago I saw a loan of 30 btc without guarantees that was founded. If someone wants to know the truth just go to the site and ask anyone who has obtained a loan if they had any problem in withdrawing the money.

BTCPOP is 100% "NOT" a scam!

I have been a member there for well over a year, I have taken out several loans, and I have paid them all back. I have also invested in several of the IPO / share opportunities there, which is what is mostly used for collateral when asking for loans.

The site was taken over by Cas almost a year ago because the old owner was about to run off with a LOT of peoples money (his name is previously mentioned in this thread). Long story short, BTC Pop is NOT a scam. There are several members there that tend to make up the majority of the investments with a larger amount of people who also invest smaller amounts. Withdraws work, which was NOT the case when the previous was running the site, however they are manual. Cas does them himself, at least BTC withdraws. Alt coin withdraws are automated I believe.

Casimir saved all of us POPers by stepping up, and has all our thanks.

Also, thanks to the investors in POP asking good questions and background checking the mass loan requests, great filtering.

And thank you Cesmak for your lending bot!

@kbor3758 whow, what a nice move to revitalize, and old post when OLD OWNER of the site turn out to be a dishonest, so that seem that pop is still a home of scammers....

on 16 June 2016, pop was bought by a new owner, yes, casimir, but he secured all the BTC deposited on site, and started to develop the site to fix bugs and problems, site is alive and stronger than ever, new verification systems, investors here are very proactive in determining the solidity of borrowers, asking, checking and so on, yes, new borrowers are put under pressure, and x-ray analyzed in every aspect, because there is a big group of investors that don't want to loose money on scammers, so for new borrowers, there is a long way to do, to gain trust, and access to much bigger loans, a lot of "experienced" investors, don't look (as Vaagar stated above), only at APR, but at a whole context of the borrower to understand the solidity, and the ability to repay money, seems to you that 5 lenders attacked you in the same way, like af sockpuppet accounts of only one entity, that's wrong, pop investors are real and are a lot, and all knows well what is the path to become a good borrower, so all asks all the same things.

This is pop, and now with the end of BLC and with Jam in bad water too, is the first solid p2p lending site, and investing platform, with a number of features, that other sites don't have.

Altcoin exchange, company shares, with free market, the use of shares and altcoins as collateral for loans (unique feature), bonds, a forum, a chat, and a strong comunity of people that are there by some years...



Me, investor, (but i don't own pop shares) so no economical interests in the site itself, to defend... but i love to see the truth speaking, not false accusations....

Funny guy... His loan request:

Requested - ฿0.10000000 @ 10.00% - 521.43 APR
Payment Frequency: 7 Loan Term: 14 Days

No history,no colleteral .. so nothing.. nobody know you.. you are form the phillipines and requestet a loan with an insane apr of > 500 % for an amount which is about half the avarage monthly income in the phillipines..

95% chance that you will default.. and than start complaining why you dont get fundet.. try your luck on other lending sides.. the lenders on pop aren´t such stupid to look only @ apr..

Maybe you will find someone here who gives you a loan with this terms xD

With great regards

Vaagar - a btcpop investor who doesnt invest in every risky s**t loan

Thats really bad to hear that. Too many sites and too many scams. You know whats make me more sad that in all these bunches of scam sites, if one makes a non-scam site to do a real business, no one trust that too.

That's terrible. I wanted to use them to expand my list of trusted sites but now I will not.
You being scammed is a warning to potential users to stay away from this kind of scam sites.These days there are just too many,

are they are automatic withdrawal from your first withdrawal? But if your withdrawal now are all pending well that the bad sign that btcpop are completely running since that is the habit of hyips and why you invested on their? While its talk everyday that all of hyips are scam and never trust any of those eventhough they promise you big earnings because thats their bait to gather more investor to scammed. so better you move on now op since you already invested on their and that is the part of consequences on investing on them. Dont invest on hyips next time.

I think I've been scammed by Btcpop. Please can you tell me if you have any updates on them?

I'm not sure if the site is a scam since I've never had the luck to even withdraw my money but it's definitely full of scammers and it's partly due to their security so it's basically the same if you ask me. If you go there to lend money you'll lose it, that's it. Perhaps as an exchange it works better (but why would you use this shady option when there are much more reputable ones).

Two "A" grade borrowers with all their verified details just scammed the very little money I had to test the site (I know, I'm wise and lucky like that).

I'll never come back and I'm sure I'll keep alerting others for as long as I can. Stay away or use other safer options to increase your stash (BTC margin lending on Poloniex or Bitfinex for example).

lol hard for it I'm on pop just now and from your comment shows you don't even come in chat to find out what is going on or you would know the site was getting work done on it and that's why it was running slow. go log in just now and find out :-) even come in chat and say hello to me lol

BTCPOP became scam? cant entrer since yesterday? I saw it coming too much server movement and changes lately

+1 to this. Been trying to get some info from their customer support for a week. No success at all. Stay away from this service until they get a grip.

yes this site is a total scam.  They bought ardeva from coinsortium owner illegally . Because coinsortium owes 100's in btc to account holders.  How can you buy an asset from a failed exchange ardeva a verifying website from a btc exchange that failed using ardeva to verify owners?? Ardeva failed once already. there is almost no recourse on investing here dont do it.  They charge .25 btc to open an ipo that is a breeding ground for scam companies to pop up.   Btc pop top asset is ardeva and it already has failed it is useless. Try to get money from someone that takes it with ardeva verification . It has not happened yet.    Casmir is now the owner of btcpop he got it from bartholmew.  As for the laons being backed by collateral, go check loans that are backed an what they are backed by.... crummy stcok at btc pop.  So do you get the  scam yet???   Open ipo and buy shares of other companies other company owners will buy each others shares  then put up those shares for collateral on more loans to buy more stock.   Stay away.

I here you I own a company if I treated my clients like this me and my family would be living in a box it explains why my deposit was never credit to my account but moved from the address I sent it to and after I contacted support they erased that address from my account its been 6 days , and all I hear is we are a small company we dont work weekends I have screen shots of that address under my account along with the shots of the deposit and them moving it I think this company is a joke and their customer service sucks I got a better response time out of cryptsy so what does that say

all I no is their customer service SUCKS, they keep sending me emails about the 10% savings crap so I say WTF id give it a try so I send .1 BTC from my polo wallet and guess what its there on the blockchain but not credited to my account so I wait all day still nothing so I contact support they ask what account savings, lending I said lending but wanted in savings but anyway wait no response so I check the BTC address again well now they moved the BTC so they cant say O we didnt know it was there so I contact support again with the screen shot showing my BTC was moved why havent I been credited yet, so now I here the bullshit about being a small company bla bla now its been 4 days not including the weekend that makes 6 so today I login to check my account now mysteriously the BTC address thats been under my account is gone I now have no address no BTC and not F IN email from their support and u no I was actually going to deposit more if all was good I have never a problem with any other support anywhere so its looking real scammy to me and i have the screen shots so they can try to blow smoke up my ass and like I said from polo to them

The withdraw / deposit system is a hot-wallet.. when it runs out they sort it out during UK working times

the place is great, ruff round the edges but far from a scam

pop has near on 20 thousand members, yet your basing your opinion an a few people you see in chat?
yes there are issues, but pop wasn't ready for the numbers of members, who are refugees from other peer to peer platforms new policies.
should really cut them some slack, they never had a prob in the past before the influx.

POP is rough around the edges and experiencing growing pains due to significantly outclassing other p2p bitcoin lending platforms. But not a scam. I live relatively close to where they are based in the UK and have been down there, met the owner and checked it all out. I would suggest any investors just maybe 'come back later' though when it's smoothed out

OK, I been monitoring BTCPOP for the last five days, since crazyivan last post.

BTCPOP are having constant withdrawal problems, and today's posts:

"i am depositing a little so hopefully that will help with some withdrawlas" by MRBONG411

and

"wd's are proccessed from incomming deposits... the manual refills of hot wallet are missing but its sunday..." by casimir1904 (who claims to own 13%+ of BTCPOP)

Why do other members need to deposit so someone else can withdraw?
  Is this because they are doing what Full Tilt Poker did, and use members monies for their own personal use.

Going to quote another member..

BTCPOP is a site that has transactions happening all the time, why do they not have full time support.  Why does the owner of this site treat it like a job?  If you are a owner of a site, you do everything you can, all the time.  You lose sleep, hair, and your life to bring this child (site) to maturity, not a 9 to 5 job.

Having issues over the weekend is absolutely no way to run a company, unless you don't give a sh*t about it, and just trying to scam people out of their money.  IMHO, Lee Bartholomew is untrustworthy with these continuous problems (let alone our Bitcoin), and now am questioning the motives of casimir1904 as he always support Mr. Bartholomew.

Seriously, look at chat yourselves for a day or two, you will see all the issues that are not being address in a timely matter.

Is BTCPOP something like Havelock Investments? Never heard of them before...

I ve used them for about 6 months. No issues at all so far. If anyone else experience issues, pls report back here.

From BTCPOP Chat

How come this site has so many issues with deposit and withdrawals

I do not hear anything wrong with this site apart from the fact that your domain expires this year

December 05, 2016

There are many that can not withdraw funds the past several days.  They stated the hot wallet was drained.

There is always a possibility of risk in any platform here online. I mean, what can you expect from people here on the internet? The web is a playground for dishonest people. Anyway, I have not encountered any problem in btcpop but with what you have said, If I were an investor in there, I will see that shady because of what the owner is doing and for sure I'll be hesitant to put my money in there.

If diligence is impossible, it's usually because something is being hidden.

Also, BTCPop? Sounds like a delicious confection, not a cogent investment.

Looking into what was stated, I think it was wrong stating loans.

The owner has Mayhem Live (MHL) on shares, and trying to sell BTC350, also has two others AVD and POP which when you click on IPO just go back to the dashboard.  This behavior does seem a little dishonest by not revealing how many shares are out standing.

 

Can u share some proof about this pls?

Been doing some research, and it seems that the owner (Lee Bartholomew) is taking out huge loan on his own site. 

This worries me that he could just shutdown and walk away with lots of bitcoin.  Is the owner just running an very elaborate scam, and is it worth investing in?

Please give me your opinions.