Author

Topic: Labeltech thread (Read 910 times)

newbie
Activity: 5
Merit: 0
June 08, 2011, 12:49:25 AM
#5
ppl probably clicked report to moderator and it automatically disabled the thread

if investors are dumping money into HYIPs on tons of open forums which are basically illegal ponzi schemes offering 125% return this is really no different. problem is authorities will be able to track this kind of fraud, he will be on security cameras and his pics handed out to every store security employee in the entire chain

I assume he has done his own due diligence on what his personal risks are and is willing to take them. People steal stuff from retail estalishments all the time in a variety of ways, some get caught, some don't. Maybe investors get their money, maybe they don't. Maybe he gets caught, maybe he doesn't. Still, it is interesting - even from a purely academic perspective - in terms of what kinds of transactions this currency might make more accessible.

and yes, there are illegal gambling opportunities as well as HYIPs as well as 50 other things being offered to people all over the forums. You can't just run a lottery or an unregulated casino offering a blackjack game you just coded last night.
newbie
Activity: 15
Merit: 0
June 08, 2011, 12:45:55 AM
#4
I was actually in the middle of replying to that thread when it was removed :/
full member
Activity: 126
Merit: 100
June 08, 2011, 12:40:49 AM
#3
How come the Labeltech thread was removed and not the other threads that are arguably much "worse"?
sr. member
Activity: 350
Merit: 250
June 08, 2011, 12:38:46 AM
#2
ppl probably clicked report to moderator and it automatically disabled the thread

if investors are dumping money into HYIPs on tons of open forums which are basically illegal ponzi schemes offering 125% return this is really no different. problem is authorities will be able to track this kind of fraud, he will be on security cameras and his pics handed out to every store security employee in the entire chain
newbie
Activity: 5
Merit: 0
June 08, 2011, 12:26:54 AM
#1
So now mods are pulling threads?

How libertarian of them.

--
to Labeltech:

I'm actually highly interested in this. I'm not sure how contractual relationships would work beyond trust, and I assume the existence of shareholders would be kept secret in the event of being caught.

Let the whiners whine. They are the ones cheering any bitcoin rally when it is clear that for the forseeable future bitcoin will be most useful to facilitate transactions like these. In any case, if people think it just happens to be a coincidence that there is so much interest in Bitcoin right now from Russia and Russia also just happens to be essentially a mafia-state at this time.....

OP I am interested in your business model for both curiosity and political reasons.
If you get kicked off the boards - [email protected]

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