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Topic: New BTC Fund and GBBG BTC Venture - page 5. (Read 18365 times)

hero member
Activity: 756
Merit: 522
April 26, 2013, 03:51:27 AM
@Maged, you just went well above your duty here.

This is FULLY UNACCEPTABLE!!!

To say that something is a scam, you need some proofs for it, also you need a basic knowledge about program and about GBBG Fund to judge it and to compare to some previous scam.  You should act as a moderator and not as alfa and omega.

You just put yourself on MPOE-PR level.  If you do not delete this post, I will report it to this forum administration.  Again, this is NOT acceptable, I believe I am right that some level of conduct have to be met by a moderator of a public Bitcoin forum! 

Lol this just veered into even funnier.
legendary
Activity: 1204
Merit: 1015
April 25, 2013, 09:32:13 PM
Satoshi Nakamoto, before he vanished, in the last interview in April said that he had "moved on to other things," how do you know that GBBG and their software is not that other thing.

Do not misunderstand me, I am not suggesting that it is, I am only pointing that no one can know and would not know, who is and who is not behind GBBG project.
You bring up a very good point, Mr. Glenn Beck!

I had all the evidence I needed to realize that this was a scam when I read this:
Fund Objectives:
Arbitrage (Buying/Selling bitcoins)

If there was significant profit in bitcoin arbitrage, a VC-funded company would already be taking advantage of it. Saying that you could make money off of bitcoin arbitrage would have worked back in 2011, but that market is fairly saturated now.
sr. member
Activity: 252
Merit: 250
April 25, 2013, 08:05:28 PM
Where have you read about 7% weekly?

And how do you know that none of the content was written by people behind it?  (And even if it was not written, it was perfectly collected together.)The organization is 100% anonymous with bitcoin early developers and great programmers behind it. Satoshi Nakamoto, before he vanished, in the last interview in April said that he had "moved on to other things," how do you know that GBBG and their software is not that other thing.

Do not misunderstand me, I am not suggesting that it is, I am only pointing that no one can know and would not know, who is and who is not behind GBBG project.
vip
Activity: 1316
Merit: 1043
👻
April 25, 2013, 07:33:25 PM
@TradeFortress, how they could pay earnings in that fund from new members???  When new shares are sold, the value of shares is always divided by the current number of shares, that has nothing to do with new members.  As to the books, the fund is very new, we will have some access to the stats too, for now, they only share with members the fund's new placements, the total number of shares sold and the share current and past value.  

That is if the NAV is correct. BitBillions have not published any information showing where their NAV comes from.

Quote
Please look more here: http://www.bitbillions.com/gbbg-fund/
and here: http://www.bitbillions.com/blog/gbbg-fund/

Also, kindly please look here: http://www.bitbillions.com/bitcoin-news/
does not this proves that the people behind it are very much competent....
This is in my opinion the best library of bitcoin news and the best collection of bitcoin videos and articles on the net!

None of the content was written by "the people behind it". The use of "USDs" should also be a giant red flag.

Quote
To compare them to some previous Pirate scam is VERY stupid.  With the Pirate, gosh guys, even the name should tell you, they are nothing serious...
Anyone offering 7% per week today will most likely have their most mod tagged too.
sr. member
Activity: 252
Merit: 250
April 25, 2013, 07:27:31 PM
@TradeFortress, how they could pay earnings in that fund from new members???  When new shares are sold, the value of shares is always divided by the current number of shares, that has nothing to do with new members.  As to the books, the fund is very new, we will have some access to the stats too, for now, they only share with members the fund's new placements, the total number of shares sold and the share current and past value. 

Please look more here: http://www.bitbillions.com/gbbg-fund/
and here: http://www.bitbillions.com/blog/gbbg-fund/

Also, kindly please look here: http://www.bitbillions.com/bitcoin-news/
does not this proves that the people behind it are very much competent....
This is in my opinion the best library of bitcoin news and the best collection of bitcoin videos and articles on the net!

To compare them to some previous Pirate scam is VERY stupid.  With the Pirate, gosh guys, even the name should tell you, they are nothing serious...

sr. member
Activity: 252
Merit: 250
April 25, 2013, 07:08:26 PM
Gweedo, say something smart or shut up, stop working for the stats of your posts here.  I told you previously, you do better to have smaller quantity and higher quality. They pay you more for a link in your sign LOL.  It is same my community as yours and my right is to demand fair moderating.
vip
Activity: 1316
Merit: 1043
👻
April 25, 2013, 07:07:13 PM
Moderator should show some level of intelligence and conduct.  
I think they are showing intelligence with that labeling.

For things like investment funds, just like legal, medical practice and driving, it's not up to someone else to prove it is a scam (although I already reasonably have, with the lack of reports of financial books to back up claims of NAV growth), it's up to the fund proving that their management is competent (and won't flee with the money) and that they actually invest instead of paying earnings from new members.

You don't tell a cop "prove to me I'm a bad driver" when you're driving without a license. You need to prove it to them, via a drivers license. Same thing here, prove that you have holdings, and keep in mind that this audience is not your typical Internet marketer who signs up hearing about buzz works they don't know the meaning of.
sr. member
Activity: 252
Merit: 250
April 25, 2013, 07:00:38 PM
Moderator duty should be to moderate the posts, not to judge opportunities and alike. 

He, like any other member in this forum, has the right to speak out his thoughts so long as it's on topic and not trolling.

Of course he can, but he should at least provide some basic reasoning for it.  The way he done it, it was just to defend the previous comment, the one smartly crossed out, from  MPOE-PR.  For me it sadly proved what she said there, he acted like a chickenshit, defending himself that he is not an investor and that he thinks GBBG and their fund is a scam. 

If you had not noticed, GBBG organization is structured on precisely the same principles as bitcoin itself... and it is very far from being any scam!


sr. member
Activity: 252
Merit: 250
April 25, 2013, 06:53:05 PM
In addition, you, maged and others, it is ok to think that something is scam, but to paste such a ugly label publicly on a new organization, without any knowledge about it and any reasons stating why you think that, it is unprofessional and simply too much.  Such names calling coming from people like MPOE-PR and Gweedo are quite normal, but coming from an official forum moderator, it is a different story.  Moderator should show some level of intelligence and conduct.  
legendary
Activity: 1288
Merit: 1227
Away on an extended break
April 25, 2013, 06:46:13 PM
Moderator duty should be to moderate the posts, not to judge opportunities and alike. 

He, like any other member in this forum, has the right to speak out his thoughts so long as it's on topic and not trolling.
sr. member
Activity: 252
Merit: 250
April 25, 2013, 06:25:39 PM
Moderator duty should be to moderate the posts, not to judge opportunities and alike. 
legendary
Activity: 1288
Merit: 1227
Away on an extended break
April 25, 2013, 06:23:55 PM
@Maged, you just went well above your duty here.

This is FULLY UNACCEPTABLE!!!

To say that something is a scam, you need some proofs for it, also you need a basic knowledge about program and about GBBG Fund to judge it and to compare to some previous scam.  You should act as a moderator and not as alfa and omega.

You just put yourself on MPOE-PR level.  I am reporting this to this forum administration.  Again, this is NOT acceptable!
We do not delete on topic posts like this - there's countless legit businesses being stated as a scam multiple times. (like mtgox and etc)

That said, I agree Maged is probably correct here. On any other forum this thread would be deleted a long time ago - but we do not delete such threads. Feel free to report to the admin (theymos) about this - I'm sure he'll say the same too.
sr. member
Activity: 252
Merit: 250
April 25, 2013, 06:14:30 PM
@Maged, you just went well above your duty here.

This is FULLY UNACCEPTABLE!!!

To say that something is a scam, you need some proofs for it, also you need a basic knowledge about program and about GBBG Fund to judge it and to compare to some previous scam.  You should act as a moderator and not as alfa and omega.

You just put yourself on MPOE-PR level.  If you do not delete this post, I will report it to this forum administration.  Again, this is NOT acceptable, I believe I am right that some level of conduct have to be met by a moderator of a public Bitcoin forum! 
hero member
Activity: 756
Merit: 522
April 25, 2013, 08:25:27 AM
Oh, I fully believe that this is a scam. I even said as much with Pirate back in the day. However, if my goal was to delete posts about this being a scam, apparently I did a pretty bad job. Instead of focusing on what was deleted, focus on what is still here.

Now please, let's stay on topic.

On re-read the next day I must say you probably have more of a point than I do, so.
legendary
Activity: 1204
Merit: 1015
April 24, 2013, 04:37:14 PM
B. It's one thing not to delete OBVIOUS scams for lack of time/competence. It is quite ANOTHER thing to empower OBVIOUS scams through silencing those who point out this obviousness.

Oh, I fully believe that this is a scam. I even said as much with Pirate back in the day. However, if my goal was to delete posts about this being a scam, apparently I did a pretty bad job. Instead of focusing on what was deleted, focus on what is still here.

Now please, let's stay on topic.
legendary
Activity: 1498
Merit: 1000
April 23, 2013, 10:22:21 PM
To the mod that keeps deleting my post, stop saying it is off-topic, this is completely on topic, she asked a question and I answered.

Gweedo, I will give you an honest marketing tip: no one would notice your signature with a stupid comment like the one above, write something good instead, or better yet, start your own thread and engage other members in it.  Oh, and if you can afford, try to win the bid for an advertisement in this forum   Cool

LOL ziggap isn't my company they paid a bitcoin to have my signature Wink So try again it is ok.
legendary
Activity: 1498
Merit: 1000
April 23, 2013, 10:20:27 PM
gweedo, let us keep this on for a while.   Will you kindly state where and what I was misrepresenting? Lying is completely out, for I never lie.

LOL You said you never lie, and your lying now. Your running a scam, how is that not a misrepresentation? Answer that.
hero member
Activity: 756
Merit: 522
April 24, 2013, 10:05:41 AM
Whichever mod deleted my posts above:

A. Don't be a chickenshit, I'd like to know who is helping scammers on Bitcointalk, and for that matter so would pretty much everyone. So, who are you?
*Meh, so it was Maged.
B. It's one thing not to delete OBVIOUS scams for lack of time/competence. It is quite ANOTHER thing to empower OBVIOUS scams through silencing those who point out this obviousness.

If the plan is to turn this forum into scammer central, please put this somewhere visible on the main page so we stop bothering with this cesspool entirely.
legendary
Activity: 1204
Merit: 1015
April 23, 2013, 10:34:48 PM
To the mod that keeps deleting my post, stop saying it is off-topic, this is completely on topic, she asked a question and I answered.

Gweedo, I will give you an honest marketing tip: no one would notice your signature with a stupid comment like the one above, write something good instead, or better yet, start your own thread and engage other members in it.  Oh, and if you can afford, try to win the bid for an advertisement in this forum   Cool

LOL ziggap isn't my company they paid a bitcoin to have my signature Wink So try again it is ok.
I will only say this once, since saying it is off-topic: globalvillage's post was off-topic, and so was your response, so they were both deleted.

I am done with this thread, since a mod is either investor in your company or what ever. They are not marking post that are on topic, off-topic and that is censorship that I don't want to be apart of. I think this is ridiculous of people that get there threads kept and post that get deleted. I hardly ever complain about it, but now I have to at least say something. This will probably be deleted.
No, I am not an investor. My only job here is to keep the thread on-topic, which means replies have to be about the business or the owner. Not about the owner's mom and not about the people who reply who seem to think it is a scam (it is on-topic to question their ideas, however).

If you would like to continue discussing this, post in Meta.
legendary
Activity: 1498
Merit: 1000
April 23, 2013, 10:12:00 PM
Thanks for your new comment gweedo hero, just after my question, the advertisement showed up and... I already bided :-)
https://bitcointalksearch.org/topic/m.1926484

Is it stylish here to name something new scam without any proofs for it?  What you are really trying to accomplish with such comments?

GBBG organization and its structure has more to do with bitcoins than any other company which you have in this category.  They are not a corporation, public domain, peer-to-peer, public domain project, where do you see a scam in it???  Likely with the ref rewards, but those are everywhere, even with ASIC sales lol

You failed to read the post

Ad text may not contain lies, misrepresentation

Your ad is a lie Wink
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