Leroy Fodor has gone Full-Delusional! StakeMiners Confirmed .100%[sic] Insolvent - page 29.

Gleb Gamow

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Quote from: suchmoon on January 21, 2016, 11:34:58 PM

Quote from: Phildo on January 21, 2016, 10:45:01 PM

I guess claiming it will take years to pay out all of the coins people deposited to them is one way to ensure the scam "lasts."

It's not quite clear if the 0.35 BTC limit is per account or total.

If it's total it could stretch the death spiral up to two years (~100 weeks) if he still has around 30-ish BTC.

One day, Leroy Fodor will no longer be frequentin' these parts, divorced, and livin' back home with his mommy, Helen, goin' to church and prayin' to a God he doesn't believe in. HAHAHA

suchmoon

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https://bpip.org

Quote from: Phildo on January 21, 2016, 10:45:01 PM

I guess claiming it will take years to pay out all of the coins people deposited to them is one way to ensure the scam "lasts."

It's not quite clear if the 0.35 BTC limit is per account or total.

If it's total it could stretch the death spiral up to two years (~100 weeks) if he still has around 30-ish BTC.

Phildo

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I guess claiming it will take years to pay out all of the coins people deposited to them is one way to ensure the scam "lasts."

suchmoon

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Quote from: Gleb Gamow on January 21, 2016, 09:40:41 PM

Leroy Fodor found a new home for his StakeMiners: http://www.bitlanders.com/blog-posts/StakeMinersBusiness

http://www.bitlanders.com/blogs/19-january/4300936

Quote

Principal Withdrawal Cap - Effective 25 January 2016
-------------------------------------------------------------------------
This is the maximum Stakeminers will payout in principal withdrawal each week. The portion of principal withdrawal requests exceeding the maximum will be paid out in subsequent weeks until the full principal payment is made.

The maximum is 0.35 BTC per week. (This amount is dependent on the market value of the coins we stake at the time of withdrawal and could increase with favourable market conditions).

Example: You request a withdrawal of 0.50 BTC, Stakeminers will payout the first 0.35 BTC in week 1 and pay the balance 0.15 BTC in week 2.

Why is this change being made now?
The collapse of Cryptsy has driven altcoin prices to new lows. As a result our redemptions of altcoins to meet principal withdrawal requests are simply driving prices lower. This change will reduce our need to sell altcoins into a depressed altcoin marketplace. We will modify the principal withdrawal cap as the market price for altcoins improves.

He doesn't even bother posting these policy changes on Bitcointalk anymore. Bad Fodor.

Gleb Gamow

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Leroy Fodor found a new home for his StakeMiners: http://www.bitlanders.com/blog-posts/StakeMinersBusiness

Gleb Gamow

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https://forum.gethashing.com/t/ponzi-pos-coin-staking-stakeminers-com/3925/18

Quote

The payouts get larger every week, we are closing the gap on their ROI every month, we are very pleased with what we are doing and so are our investors.

Ten months later that has proven to not be the case. HAHAHA

Spoetnik

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FUD Philanthropist™

Quote from: Gleb Gamow on January 14, 2016, 03:47:45 AM

Quote from: suchmoon on January 12, 2016, 11:23:36 AM

And still using Cryptsy rates apparently. NET is 90-105 on trex, the screenshot shows 145. Sneaky-sleazy.

StakeMiners' Motto: Transparent Obfuscation via Consensus Through Obscurity

THIS !

Sorry i missed that earlier Sad

he was asked to provide some proof he has "the coins"
and the dogs would be called off.
cyberpinoy ignored & Terrik said why should have to ?
later..'pinoy claims full transparency on Social media.
a lie .

edit: fixed spelling

suchmoon

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Quote from: ?? on ??

http://i.imgur.com/VE3hSnp.jpg

That is some amazing returns... I think I made 300% on my altcoin investments during that same time period... felt like people were just throwing BTC at me...

Love the tooltip showing Leroy and stakeminers.com being 2 of 3 likes...

In case you missed it, major dumpage on NETcoin.. down to 30-40 satoshi, quickly approaching single digits!

WOW! Market cap down ~50% in 5 days, now close to ONLY $100K USD: http://coinmarketcap.com/currencies/netcoin/ It's times like these that I wish I were among the 180+ Investards invested in Leroy Fodor B.B.A.'s StakeMiners Ponzi, for obviously they know something that I do not. HAHAHA

That could be the result of Terrik's brilliant plan to suggest NET as a vehicle to get funds out of Cryptsy. Although perhaps I'm giving too much credit to that hot air balloon, nobody could be dumb enough to listen to him let alone act on his advice... right?

Quote from: suchmoon on January 10, 2016, 03:15:43 PM

Quote from: craptsy_sucks on January 10, 2016, 02:54:27 PM

Terrik and friends now trying to get bitcoiners to buy their NET shitcoin to pull out of cryptsy:
https://www.reddit.com/r/Bitcoin/comments/40c69y/cryptsy_has_officially_been_removed_from/cyt55lk

"So since Cryptsy gets more and more bad news, I recommend to get out of cryptsy. Like, I dont get how Cryptsy still has around 500BTC volume everyday... Anyway, how to get out of cryptsy: If you have an withdrawal of any altcoin on cryptsy, get here: https://cryptsy.freshdesk.com/support/login[1] and ask them to decline that withdraw (they most do this within a few days).
Then search any altcoin that can get out of cryptsy. DONT CHOOSE THE RED ONES: https://www.cryptsy.com/pages/status[2]
All the altcoins that work and you can withdraw: NET (more coins to follow from the comments I hope)
Just wait around 30 minutes and store ur altcoin in your OWN wallet Wink

I see NET as the best coin to get out yet, since it is really fast to get out and got a good volume and also available on other exchanges (bittrex, btcpool and cryptopia)"

I think that's a brilliant idea. Might even bankrupt StakeMiners sooner than cyberpinoy would have otherwise been able to.

Let's see, people who couldn't care less about NET should buy it on Cryptsy and dump it on another exchange. Cryptsy's NET price goes up but that doesn't benefit anyone because it's insolvent. The price on a functioning exchange goes down. That's if you could actually sell it. Depth on 'trex is like 0.1 BTC.

https://bittrex.com/Market/Index?MarketName=BTC-NET

Well done Terrik

Spoetnik

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FUD Philanthropist™

Quote from: Gleb Gamow on January 11, 2016, 05:11:52 PM

Quote from: owlcatz on January 11, 2016, 04:57:01 PM

Quote from: suchmoon on January 11, 2016, 03:32:38 PM

Well, to be fair to Leroy he did admit the "issue". Trying to dance around it by mentioning USD as if that has anything to do with altcoins.

And he's going to buy more NET because Terrik's a good friend

That is pretty amazing though - He's admitting outright that 128 btc's melted into 42 btc's worth of shit coins in just a few months?

Hell, what terrible idea for a business, and an even worse idea for an investment! Tongue

Yeah, Leroy Fodor admits to what suchmoon has proven to be the case whereupon Leroy denied such to be case pointing out errors in his math with Leroy's new math depicting an even worst off StakeMiners while garnering positive reviews from his Facebook family and friends for StakeMiners so to get more Investards into the scheme so to continually pay out future dividends sourced from an entity Leroy will go to grave espousing is NOT a Ponzi. HAHAHA

EXACTLY !
What the hell did suchMoon say ?
Like what in the flying fuck ? WOW !

cyberpinoy you are a sleazy piece of shit man.

Spoetnik

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FUD Philanthropist™

Quote from: owlcatz on January 11, 2016, 04:57:01 PM

Quote from: suchmoon on January 11, 2016, 03:32:38 PM

Well, to be fair to Leroy he did admit the "issue". Trying to dance around it by mentioning USD as if that has anything to do with altcoins.

And he's going to buy more NET because Terrik's a good friend

That is pretty amazing though - He's admitting outright that 128 btc's melted into 42 btc's worth of shit coins in just a few months?

Hell, what terrible idea for a business, and an even worse idea for an investment! Tongue

Which is why i negged that sleazy lying piece of shit.

He set up his scam..
Claimed it was the bestest eva even when proven technically he was full of shit.
Denied it.
then..
Admits it.
Before and after he is portrayed as the honest guy.. while he lies his ass off all along crying FUD.
Piece of shit scammer .

NOW let's get to Terrik..

If he read that statement about losses after all this and STILL defends him ?
how can anyone on earth have a shred of respect for him ?

Terrik knows better he has all along but is busy searching for Crypto friends i take it.
The fact his "Friend" is ripping people off is of no concern what so ever.

What we have here is a scammer saying his scammer buddy is a good friend .. a real stand up guy.
WOW never heard that one before around here. Roll Eyes

Terrik is beyond redemption.. drown idiot.

Gleb Gamow

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Quote from: suchmoon on January 12, 2016, 11:23:36 AM

And still using Cryptsy rates apparently. NET is 90-105 on trex, the screenshot shows 145. Sneaky-sleazy.

StakeMiners' Motto: Transparent Obfuscation via Consensus Through Obscurity

suchmoon

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https://bpip.org

And still using Cryptsy rates apparently. NET is 90-105 on trex, the screenshot shows 145. Sneaky-sleazy.

suchmoon

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https://bpip.org

Quote from: Phildo on January 12, 2016, 10:07:25 AM

Does anyone still have an account over there? Wonder if the inside looks any different where it claims how much you have.

It's nice that the chart/claims make a little bit of sense, but that chart means nothing if he is going to pay out 1 btc to someone who deposited 1 btc even though all the coins are in the crapper, which I believe he did in the past.

He still claims 126 BTC, also says he paid out 122 BTC so one might think the ROI is nearly 100%... but not really because 122 BTC includes withdrawals. Also has some weird chart called "1 BTC Investment Returns". Not sure what's it supposed to mean. Some inventive accounting going on there.

Phildo

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Does anyone still have an account over there? Wonder if the inside looks any different where it claims how much you have.

It's nice that the chart/claims make a little bit of sense, but that chart means nothing if he is going to pay out 1 btc to someone who deposited 1 btc even though all the coins are in the crapper, which I believe he did in the past.

Gleb Gamow

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https://bitcointalksearch.org/topic/--989670

Quote from: ?? on ??

Currently we have have 184 clients who have invested 126 BTC with a current altcoin value equivalent to 42 BTC. This a decline of 67%, which has been very noticeable on our earnings.

StakeMiners: In 2016, we're going to implement many more ways to back up your investment so to earn even ^HIGHER profits so to ROI more earlier and whatnut. I'm proud to say that StakeMiners BOI (Board of Investards) has been working hard on stuff like making sure our ToS is grammatically correct, e.g., we had a meeting a few months ago to looking into our incorrect STKING spelling error, and are please to announce it's on the list to be corrected as soon as we figure out where we put said list, albeit we have a backup list ten hours away along with our wallet backups which we update daily.

"I like that! More proof that Leroy Fodor is an honest guy, a person I've known for over 20 years, and go to church with his mother to pray for his lost soul since he doesn't believe in God and whatnut."

Gleb Gamow

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Leroy Fodor finally got around to mirroring his Facebook lies on this board: https://bitcointalksearch.org/topic/--989670

Quote

Please see our website Stakeminers.com or email us info (at) stakeminers.com for more information on how to become an Investard so that we can hopefully scam monumental assholes for another year.

Gleb Gamow

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Quote from: owlcatz on January 11, 2016, 04:57:01 PM

Quote from: suchmoon on January 11, 2016, 03:32:38 PM

Well, to be fair to Leroy he did admit the "issue". Trying to dance around it by mentioning USD as if that has anything to do with altcoins.

And he's going to buy more NET because Terrik's a good friend

That is pretty amazing though - He's admitting outright that 128 btc's melted into 42 btc's worth of shit coins in just a few months?

Hell, what terrible idea for a business, and an even worse idea for an investment! Tongue

Yeah, Leroy Fodor admits to what suchmoon has proven to be the case whereupon Leroy denied such to be case pointing out errors in his math with Leroy's new math depicting an even worst off StakeMiners while garnering positive reviews from his Facebook family and friends for StakeMiners so to get more Investards into the scheme so to continually pay out future dividends sourced from an entity Leroy will go to grave espousing is NOT a Ponzi. HAHAHA

owlcatz

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Quote from: suchmoon on January 11, 2016, 03:32:38 PM

Well, to be fair to Leroy he did admit the "issue". Trying to dance around it by mentioning USD as if that has anything to do with altcoins.

And he's going to buy more NET because Terrik's a good friend

That is pretty amazing though - He's admitting outright that 128 btc's melted into 42 btc's worth of shit coins in just a few months?

Hell, what terrible idea for a business, and an even worse idea for an investment! Tongue

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Well, to be fair to Leroy he did admit the "issue". Trying to dance around it by mentioning USD as if that has anything to do with altcoins.

And he's going to buy more NET because Terrik's a good friend

Gleb Gamow

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https://www.facebook.com/permalink.php?story_fbid=1726236740933640&id=1627849564105692

Quote

Stakeminers - This Week - 11 January 2016
>The Future of PoS Mining<
Currently we have have 184 clients who have invested 126 BTC with a current altcoin value equivalent to 42 BTC. This a decline of 67%, which has been very noticeable on our earnings. On the Stakeminers page you will find a chart and text covering this issue in more depth.
Earnings - Earnings rose to 0.67% for the week, with a 3.4% rise from Monday to Sunday. It may be a slow increase but it was an increase. Altcoin selling pressure eased slightly but whether it has run its course will depend on the price of bitcoin. As before, while earnings are not strong their conversion to BTC/USD is providing a reasonable return in this environment. Please see the posted chart on our Facebook page.
Earnings Charts - As noted on our Facebook we revised 2 charts containing earnings data for the September - December period. The problem was we used averages to calculate earnings. It was a shortcut done to save time, but we should not have done it and we apologize for making this mistake.
Cryptsy - Given their continuing difficulty Stakeminers has advised our clients to change their deposit addresses to another location. On January 6, 2015 Multipool.us wrote on its website that is considers Crytsy a 'defunct exchange'.
Altcoins - As altcoins prices are depressed this is a good buying opportunity. If you are staking then we recommend now is a time buy those coins you feel will increase their value for the upcoming year.
Altcoin Inflation - Stakeminers has one more coin to enter a reduced POS reward phase which will lower our return in that wallet, and that is Netcoin. The rest of our altcoins have hit their inflation control phases already. As an example, OKCash returns went form 69% yearly to 25% yearly.
Stakeminers is preparing to buy NETcoin so that when NETcoin Phase 2 kicks in, our income will remain steady. As a result Stakeminers will own a large portion of the supply, so to compensate for this we will buy other altcoins. We expect that when the Phase 2 does initiate many stakers will buy more Netcoin to maintain their income.
Contingency Fund - Stakeminers has established a dedicated bitcoin fund. It will be used to support our principal and weekly payouts should we encounter further crypto-exchange issues.
Please see the policy on our Terms of Service page.
Altcoin Wallets - Stakeminers has established separate altcoin wallets for the coins we stake, in order to provide for altcoin deposits by our clients. Please see the 'Wallet Address' page on our site and contact us if you require an address for a specific altcoin.
KYC Rules - At this time we are not implementing Know Your Customer (KYC) rules. When we are required to, we may outsource this to a third party company, in order to avoid handling your private information. Currently we are not facing a regulatory requirement to do so, but we understand that day may arrive.
Withdrawals - 2 withdrawals for 0.80611393 BTC.
Have a great week!
-------------------------------------------------
Stakeminers.com is a crypto-currency altcoin Proof of Stake (POS) company with current holdings in 12 altcoins. We provide our clients with a variable rate of return generated from our stake pool earnings.
Please see our website Stakeminers.com or email us at: info (at) stakeminers.com for more information. Our support service operates on Philippines time, EST+12/GMT-12. We will confirm your email and offer an expected response time, normally within 12 hours.

Translated: I spent 66% of StakeMiners Investards moneys to afford me, Leroy Fodor, a living here in the Philippines while I protect your money - the remaining 33% - and make it ROI thanks to having earned a B.B.A. from Ohio University in Athens, Ohio, then with degree in hand, I cleaned toilets for a living in the Carolinas.

Topic: Leroy Fodor has gone Full-Delusional! StakeMiners Confirmed .100%[sic] Insolvent - page 29. (Read 294822 times)