Post the BIGGEST SCAM in bitcoin history according to you

VirosaGITS

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Quote from: Betwrong on September 28, 2015, 02:16:27 AM

Quote from: fox19891989 on September 28, 2015, 01:07:04 AM

1. Mtgox is biggest scam, notorious Big fat dog I think he is in prison now, yeah he deserved that cause he make thousands of people BROKE.

It looks like Mark Karpeles is not in prison now:

Quote

Mr. Karpeles has been held in custody for just under 6 weeks, which is allowed under Japanese law.

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It seems that Japanese authorities are not so convinced and the endgame for Mr. Karpeles is far from near

http://www.financemagnates.com/cryptocurrency/exchange/mtgox-ceo-mark-karpeles-formally-charged-in-japan/

Well at least the Japanese are catching up with what we all assumed/know. He may not be in Prison but he's still in Jail. I'm not sure what happened to him but sadly he might have it easy if he make it through his Prison time.

I have no stake in MtGox but i still think the truth should come to surface and the perpetrator pay the price.

Betwrong

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Quote from: fox19891989 on September 28, 2015, 01:07:04 AM

1. Mtgox is biggest scam, notorious Big fat dog I think he is in prison now, yeah he deserved that cause he make thousands of people BROKE.

It looks like Mark Karpeles is not in prison now:

Quote

Mr. Karpeles has been held in custody for just under 6 weeks, which is allowed under Japanese law.

Quote

It seems that Japanese authorities are not so convinced and the endgame for Mr. Karpeles is far from near

http://www.financemagnates.com/cryptocurrency/exchange/mtgox-ceo-mark-karpeles-formally-charged-in-japan/

Kakmakr

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The verdict is not out over the two biggest possible scams in Bitcoin history & hacks. Until then, we can only speculate. A collection of confirmed scams are posted here on the forum, https://bitcointalk.org/index.php?board=83.0

Let's rather wait for the final verdict on both of these cases, before we make crazy statements. It is easy to judge, but it's harder to forgive. Roll Eyes

Also look at this site, http://www.badbitcoin.org/

fox19891989

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1. Mtgox is biggest scam, notorious Big fat dog I think he is in prison now, yeah he deserved that cause he make thousands of people BROKE.

2. Fried cat, a Chinese ASIC scammer bastard, he stole 50K BTC and run away, now enjoys luxury cars, houses, and beauties. Cheesy

3. TF scam, some guys said before, and butterfly ASIC miner scams

too many scams, crazy

btc-facebook

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Well according to me, biggest scam I've ever see since I know bitcoin is PrimeDice is being cheated about more than BTC 2000
Scam means being cheated or being stolen with crime method

Herbert2020

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in my opinion the biggest scam, is the mtgox one which i believe it did the biggest damage to bitcoin. and it is going to take a very long time and an stable, and slow rising price to make up for the damage they have done to bitcoin.

Quote from: NorrisK on September 27, 2015, 03:13:26 PM

There is already an extensive thread about this.

Please take a look here, you will find all major thefts and heists in there.

https://bitcointalksearch.org/topic/list-of-major-bitcoin-heists-thefts-hacks-scams-and-losses-576337

FTFY

Ceizer54

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Everytime a bitcoin scam occurs it makes me really sad because it affects the value of bitcoin and it's users...Biggest Scam according to me was Mt.Gox...many people lost their bitcoins..that's why we should never store bitcoins on an exchange

Possum577

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Loose lips sink sigs!

Biggest in what sense?

Biggest value of Bitcoin or fiat taken? Biggest notoriety? Biggest number of victims?

A lot of thoughts come to mind - first, Mt. Gox. It has to be number one. And if you don't think it's was a scam then why isn't Karpeles doing more to prove his innocence?

The collective ponzis on this forum are pretty big (collectively)...offering ridiculous amounts of interest, DAILY, numbers that are literally impossible to provide unless the owner is just giving money away. They stick around for a while, some people make some money, the owner cuts the cord and the remaining people involved get fucked.

edric

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Quote from: pjsonowal on September 27, 2015, 02:58:00 PM

This thread is created to aware the newbies and users who still believe that ponzis are fair...

SO GUYS MY REQUEST IS TO PLEASE POST THE BIGGEST SCAMS IN BITCOIN WORLD ACCORDING TO YOU..

HELP NEWBIES AND AWARE THEM..

THANK YOU

Cloud mining.

P2P lenders who increase their amount of debt rapidly and stack loans across different sites or even on the same sites.

HYIPs.

Unregulated, offshore bitcoin companies that offer to hold your coins and let you invest in crypto-securities and leveraged trading. They can walk away with your money at any time. Don't put in what you can't afford to lose.

onemorexmr

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IMHO its pirateat40 with its ponzi

cryptworld

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Of course it was Mtgox

It was the biggest site,with millions of bitcoins and millions of dollars and they closed with the whole money without many explanations

But I must say that it was something that could be seen from far

ashour

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Quote from: VirosaGITS on September 27, 2015, 03:53:59 PM

Quote from: ashour on September 27, 2015, 03:41:06 PM

Quote from: VirosaGITS on September 27, 2015, 03:25:44 PM

Quote from: ashour on September 27, 2015, 03:21:14 PM

It is really difficult to say, I arguably think that the MT.GOX incident was the biggest scam that happened to bitcoin. Many people lost thousands of bitcoin and it damaged the reputation of bitcoin itself.

Pretty sure its factually MtGox? But personally i would say PayCoin for how long they/he managed to control all those people by the nose, that continued giving him money over and over and over until he was long gone on some nice tropical island sipping his martini. (Biased as hell)

Well you can argue that MT.GOX was a scam. Some will say that the actually got hacked and some will say that karpeles did it on purpose.

Didn't they catch the guy? And wasnt some insider worker revealed all of it? I just figured by now if it was true, Karpeles would of confessed by now? I have to admit i didn't entertain the thought the guy could be innocent but if it wasnt a scam, why did he run with millions of dollars in BTC?

There still isn't any proof that it was him that stole all the coins. The investigations are still on and might take time until they are solved.

VirosaGITS

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Quote from: gentlemand on September 27, 2015, 03:58:37 PM

Quote from: VirosaGITS on September 27, 2015, 03:53:59 PM

Didn't they catch the guy? And wasnt some insider worker revealed all of it? I just figured by now if it was true, Karpeles would of confessed by now? I have to admit i didn't entertain the thought the guy could be innocent but if it wasnt a scam, why did he run with millions of dollars in BTC?

He hasn't confessed to anything. He strikes me as so far moved from reality he probably wouldn't give up anything after decades of exacting torture.

He's being charged with embezzling $2.6 million of customer funds. As for those hundreds of thousands of coins, that remains a mystery.

http://www.coindesk.com/mt-gox-ceo-claims-to-be-victim-in-bitcoin-exchange-demise/

Thats crazy and i think the biggest damage it did to Bitcoin isint all that capital but all the FUD about how Bitcoin is for criminals, untrustworthy and stuff. Half the people i met in life that heard of Bitcoin replied stuff like.

"Yeah i don't buy in that BTC stuff, its shady as hell" or "What? The thing criminal use to transfer and launder money?" ;_;

But i guess if i was him, and betting on BTC in the future and i had 1.whatever million BTC stashed somewhere, i would also just do the few years in prison and then be covered by the stature of limitation. A few years doesn't sound so bad when you think you might be billionaire if BTC rise, by the time you get out.

Whats a few years of lazing around, being fed and lodged behind bars, to 50 years afterward of gluttony?

RGBKey

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Either Mt. Gox or Inputs.io if you ask me, but those have already passed, you can't really lose money to them now.

Mickeyb

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Move On !!!!!!

You don't need a thread OP to get an answer to this question. It was Mt. Gox, by far the biggest scam for Bitcoin community so far. This unfortunate event hunts us still. All of the people that have heard about the Bitcoin have heard about the Mt. Gox as well.

I am also afraid that this will hunt us for a long time in future as well. FUDsters and Bitcoin haters just love to pull this one out whenever they can!

gentlemand

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Quote from: VirosaGITS on September 27, 2015, 03:53:59 PM

Didn't they catch the guy? And wasnt some insider worker revealed all of it? I just figured by now if it was true, Karpeles would of confessed by now? I have to admit i didn't entertain the thought the guy could be innocent but if it wasnt a scam, why did he run with millions of dollars in BTC?

He hasn't confessed to anything. He strikes me as so far moved from reality he probably wouldn't give up anything after decades of exacting torture.

He's being charged with embezzling $2.6 million of customer funds. As for those hundreds of thousands of coins, that remains a mystery.

http://www.coindesk.com/mt-gox-ceo-claims-to-be-victim-in-bitcoin-exchange-demise/

VirosaGITS

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Quote from: ashour on September 27, 2015, 03:41:06 PM

Quote from: VirosaGITS on September 27, 2015, 03:25:44 PM

Quote from: ashour on September 27, 2015, 03:21:14 PM

It is really difficult to say, I arguably think that the MT.GOX incident was the biggest scam that happened to bitcoin. Many people lost thousands of bitcoin and it damaged the reputation of bitcoin itself.

Pretty sure its factually MtGox? But personally i would say PayCoin for how long they/he managed to control all those people by the nose, that continued giving him money over and over and over until he was long gone on some nice tropical island sipping his martini. (Biased as hell)

Well you can argue that MT.GOX was a scam. Some will say that the actually got hacked and some will say that karpeles did it on purpose.

Didn't they catch the guy? And wasnt some insider worker revealed all of it? I just figured by now if it was true, Karpeles would of confessed by now? I have to admit i didn't entertain the thought the guy could be innocent but if it wasnt a scam, why did he run with millions of dollars in BTC?

gentlemand

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Welt Am Draht

Kinda depends on one's definition of scam. I would guess that Gox didn't get rolling with the intention of scamming anyone. They certainly made up for it by the end though.

pedrog

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If you consider the MtGox fall as a scam then it was MtGox, it is really hard to beat 500 million damage .

ashour

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Quote from: VirosaGITS on September 27, 2015, 03:25:44 PM

Quote from: ashour on September 27, 2015, 03:21:14 PM

It is really difficult to say, I arguably think that the MT.GOX incident was the biggest scam that happened to bitcoin. Many people lost thousands of bitcoin and it damaged the reputation of bitcoin itself.

Pretty sure its factually MtGox? But personally i would say PayCoin for how long they/he managed to control all those people by the nose, that continued giving him money over and over and over until he was long gone on some nice tropical island sipping his martini. (Biased as hell)

Well you can argue that MT.GOX was a scam. Some will say that the actually got hacked and some will say that karpeles did it on purpose.

Topic: Post the BIGGEST SCAM in bitcoin history according to you (Read 1381 times)