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Topic: [RESOLVED] Is CampBX a ripoff? (Read 16231 times)

newbie
Activity: 39
Merit: 0
October 10, 2014, 07:56:23 PM
I was just about to consider them, but guess not  Roll Eyes
sr. member
Activity: 260
Merit: 250
October 10, 2014, 04:29:25 PM
one week
sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
October 10, 2014, 03:39:20 PM
Hi Ayayay,

Since the suggestions I made earlier have not been taken up by CampBX, I'm interested in seeing bitcointalk become the standard customer service portal for them so that everything is more out in the open.  If that effort bears fruit, one strong effect will be that campBX will learn much more quickly how important it is to stay in touch with customers.  So...

How long did you have this problem with CampBX before you found this thread and posted to it?  I'm thinking it might be wise to post here on the same day that you contact support.
sr. member
Activity: 260
Merit: 250
October 10, 2014, 03:29:32 PM
I appear to be another victim-- bitcoins locked with zero customer support--  bitcoins locked for over one week.
sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
June 12, 2014, 02:42:12 PM
Screenshots, transcripts of conversations, whatever.  Paint a detailed picture.  No one ever has.
I've posted a chat transcript here.
I altered the link to point to the chat you had yesterday.  This is excellent evidence of slowness, which is very much like but not exactly the same as scamming.  Thank you for the details.  I think this will help everyone determine whether or not they want to do business with campBX, and perhaps warn people about expiring addresses and also about sending transactions without paying any fee.

If a transaction is ignored the first time it gets seen by the network, I think it has to be re-broadcast to try again.  The standard client does that, AFAIK, but I thought it also includes the fee by default.  If you broadcast the Tx and then shut down your client, that could explain the extra long delay.  But I'm getting into reasons for campBX to charge you a fee, so I'll be quiet now.

Good luck!
sr. member
Activity: 507
Merit: 253
June 11, 2014, 10:51:07 PM
Screenshots, transcripts of conversations, whatever.  Paint a detailed picture.  No one ever has.
I've posted a chat transcript here.
sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
May 07, 2014, 02:24:23 PM
My case is well documented when I made my claim some months ago, please see my post here:
https://bitcointalksearch.org/topic/m.6156294

Sorry man, but the thread you created is exactly as I described: lacking evidence of wrongdoing by campBX.  Screenshots, transcripts of conversations, whatever.  Paint a detailed picture.  No one ever has.  I suspect the reason is that campBX is slow and very careful not to get scammed by people who actually are scammers and who would post material exactly like what you have posted.

So perhaps now you understand the problem a little better.  The public needs strong evidence.  We are waiting for you, but not counting on you any more, nor any other alleged victim of campBX.  If that exchange should be shuttered for malfeasance, no one here has provided good evidence of it, and that is very sad.
newbie
Activity: 49
Merit: 0
May 07, 2014, 12:58:20 PM
Hello dscotese,

My case is well documented when I made my claim some months ago, please see my post here:
https://bitcointalksearch.org/topic/m.6156294

No, I'm not lazy and am not trying to hurt anybody just for the "fun of it"
It did happen to me, and I did loose money with CampBX

I'm too busy running my business to be looking around how to hurt people's reputations.
But, by keeping quiet I'm not helping anybody else, so I had to talk.

Take my experience, believe it or not, and draw your own conclusions.
Best regards,


sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
May 03, 2014, 09:38:07 PM
Hello Jcw188,
 
I'm sorry to hear you became another victim of CampBX ...   Angry

My story was similar, I had to change my remaining dollars back BTC again to get at least some of my money out of there.
I lost $3,000 USD with CampBX (alias Keyur @ Camp BX https://bitcointalksearch.org/user/keyur-camp-bx-15102).
The funds that I transferred to my account using their ACH service "got lost" and never got to my bank account.
Support is nonexistent  Undecided  ... and I think they want it that way.
It seems they selectively scam "vulnerable" customers constanly when possible.
My sincere recomendation to all BTC traders: Stay away from CampBX!

Sincerely,
 

Both of you do a disservice to the community by making these claims without substantiation.  Yourselves too.  I put a lot of credit in the idea that "they selectively scam "vulnerable" customers constanly when possible," but "vulnerable" is the wrong word.  The correct word is "quiet," which is what both of you are being.  If you got scammed, and you're unwilling to publish evidence of it, then everything is fine in my world, and I'm not really sorry for you.  Here's why:

If you got scammed, you have the opportunity to either recover your losses, or prove once and for all that Keyur is a criminal.  To take advantage of this opportunity, all you need to do is publish your evidence right here in this thread.  Publish a reasonable interest rate for CampBX to pay for it's slowness, and see if the community backs you up.  You could also charge campBX a fee for the work it forced you to undertake to recover your losses, whatever they were.  Example:
Quote
campBX has owed me $xx for D days, and at Y% daily interest since then, I'm now out $(xx*(1+D*Y)).  Following is proof of these claims which took me T hours to compile, and that's worth about $cc to me.  To make things right campBX will have to provide me with a credit of $(xx+cc), increased by (xx*Y) for each day after today that it takes them to pay up.

If you did NOT get scammed, then you're just attacking campBX for no good reason.

So please stop being lazy, or, if you're just lying, admit it and knock it off.
newbie
Activity: 49
Merit: 0
May 03, 2014, 08:31:52 PM
Hello Jcw188,
 
I'm sorry to hear you became another victim of CampBX ...   Angry

My story was similar, I had to change my remaining dollars back BTC again to get at least some of my money out of there.
I lost $3,000 USD with CampBX (alias Keyur @ Camp BX https://bitcointalksearch.org/user/keyur-camp-bx-15102).
The funds that I transferred to my account using their ACH service "got lost" and never got to my bank account.
Support is nonexistent  Undecided  ... and I think they want it that way.
It seems they selectively scam "vulnerable" customers constanly when possible.
My sincere recomendation to all BTC traders: Stay away from CampBX!

Sincerely,


  
hero member
Activity: 546
Merit: 500
Carpe Diem
April 28, 2014, 01:58:39 PM
I stand by an accusation I made about Campbx that was never resolved.  I tried to withdraw via money order and they would not pay me, PERIOD, over several months.  They came up with excuse after excuse, including giving me FIRM dates they would pay me by, but never did.  And this was for like $400 only!  I ended up having to cancel the money order request, re-buy BTC and then use the, presumably, automated withdrawal of BTC to another exchange.  This place is trash and you'd have to be stupid to keep any amount there.
sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
March 31, 2014, 10:55:52 PM
Where did CampBX say it had to confirm before the address "expires"?
I don't think they'd have to.  The literature suggests that a Bitcoin transaction is not considered "complete" until it has six confirmations.  This is only a recommendation, but in the absence of any other suggestion, it would be the correct assumption to make.  And campBX would probably accept it if only the first confirmation came in before the expiration.  Keyur?

and you are foolish for sending bitcoin to an address that expires without having a way to recall the transaction (ie double-spend with a higher fee), but in both cases, the foolishness is very very small.
What do you mean "double-spend with a higher fee"?
Miners establish algorithms to choose what transactions to include in the blocks they mine.  They can only include valid transactions, but when there are two transactions that both spend the same output and either could be valid by itself, it makes sense to include the one that earns the miner the higher fee.  Basically, until the output is spent in a transaction that has been included in a block that was accepted onto the main chain, you can keep spending it (given appropriate software), but only one of the expenses will make it into the blockchain.

I looked around for a better description of this solution, but really, it seems that it isn't well supported.
sr. member
Activity: 507
Merit: 253
March 31, 2014, 10:23:47 PM
I am struck by the lack of information regarding expired addresses.  You and campBX should both realize that the delay in confirming your btc deposit cannot be blamed on either you or campBX.
Where did CampBX say it had to confirm before the address "expires"?

They are foolish for using addresses that expire,
Which is something they implement.
and you are foolish for sending bitcoin to an address that expires without having a way to recall the transaction (ie double-spend with a higher fee), but in both cases, the foolishness is very very small.
What do you mean "double-spend with a higher fee"?
Have you found out anything about why it took so long to confirm?
Besides it not having a sufficiently high fee? No.
sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
March 30, 2014, 06:20:20 PM
I am struck by the lack of information regarding expired addresses.  You and campBX should both realize that the delay in confirming your btc deposit cannot be blamed on either you or campBX.

Does it make sense?

They are foolish for using addresses that expire, and you are foolish for sending bitcoin to an address that expires without having a way to recall the transaction (ie double-spend with a higher fee), but in both cases, the foolishness is very very small.

I see no proof here of fraud, and this is what I meant when I said "Evidence, yes, but the evidence is always lacking, which pollutes the reputation of the person posting it."

Rest assured though, this hardly pollutes your reputation at all.  Have you found out anything about why it took so long to confirm?
sr. member
Activity: 507
Merit: 253
March 29, 2014, 11:50:48 PM
I never hear the person of the thread updating if they been entirely ripped off on their end.
I've been posting updates about my situation, and it's been about 4 months now, and CampBX has done nothing but keep saying it's really hard to "recover" BTC that they lost.
sr. member
Activity: 406
Merit: 250
Bitcoin Mixer: https://BitLaunder.com
March 29, 2014, 06:33:51 PM
Red Flags:
  • There is no obvious "CampBX Support" thread.  There may be one buried in the search pages, but this "Is CampBX a ripoff?" topic is the one that shows up the most.
  • CampBX is slow about a lot of things.

Positives:
  • No one claiming that they've been ripped off by CampBX has posted any proof that CampBX actually ripped them off.  Evidence, yes, but the evidence is always lacking, which pollutes the reputation of the person posting it.
  • Keyur responds to this thread every now and then.
  • There is no published customer support number for CampBX.
  • It isn't easy to hunt down Keyur to confront him, so rare and trusting is the person who uses CampBX for more than a tiny bit of their bitcoin dealings.

My advice to Keyur:
A) Create a CampBX support thread that doesn't have "ripoff" in the title.
B) Check the forum every day to find new posts to this thread or the new one.
C) Quote and answer posts to this "ripoff?" thread in the new one, and just post a link to it as the answer in this thread.
D) Keep doing a good job, but do it faster.  I assume your profit is too small to justify hiring people to help speed up customer support, and A-C should help with that.

Another thing you might want to consider is your assumptions about paying taxes on your profits.  You may be exercising privileges granted to you by the federal government, but I doubt it.  If you are, then have them spell those out so you can see if you can run an exchange without those privileges.  If you can, that will free you from the legal obligation to pay any income tax.  Your accountant will probably balk at this suggestion, but that only suggests that your accountant has not studied the law in depth.  Check out losthorizons.com if you'd like to become educated on the topic.

I always heard of delays on ach payments and money orders, but this is spot on.

I never hear the person of the thread updating if they been entirely ripped off on their end.

So if you want the headache, just go for it? If not, then just skip.
sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
March 29, 2014, 02:29:50 PM
Red Flags:
  • There is no obvious "CampBX Support" thread.  There may be one buried in the search pages, but this "Is CampBX a ripoff?" topic is the one that shows up the most.
  • CampBX is slow about a lot of things.

Positives:
  • No one claiming that they've been ripped off by CampBX has posted any proof that CampBX actually ripped them off.  Evidence, yes, but the evidence is always lacking, which pollutes the reputation of the person posting it.
  • Keyur responds to this thread every now and then.
  • There is no published customer support number for CampBX.
  • It isn't easy to hunt down Keyur to confront him, so rare and trusting is the person who uses CampBX for more than a tiny bit of their bitcoin dealings.

My advice to Keyur:
A) Create a CampBX support thread that doesn't have "ripoff" in the title.
B) Check the forum every day to find new posts to this thread or the new one.
C) Quote and answer posts to this "ripoff?" thread in the new one, and just post a link to it as the answer in this thread.
D) Keep doing a good job, but do it faster.  I assume your profit is too small to justify hiring people to help speed up customer support, and A-C should help with that.

Another thing you might want to consider is your assumptions about paying taxes on your profits.  You may be exercising privileges granted to you by the federal government, but I doubt it.  If you are, then have them spell those out so you can see if you can run an exchange without those privileges.  If you can, that will free you from the legal obligation to pay any income tax.  Your accountant will probably balk at this suggestion, but that only suggests that your accountant has not studied the law in depth.  Check out losthorizons.com if you'd like to become educated on the topic.
sr. member
Activity: 507
Merit: 253
March 15, 2014, 01:01:18 AM
Quote
our sys admin will review and resolve it shortly
Great Mr Keyur!
I feel good for Geremia that might get his money back sometime in the near future as you promised.

But how about my case?
https://bitcointalksearch.org/topic/campbx-my-negative-experience-514176
CampBX Ticket: #VEP-822-93487
When am I going to get my money back into my account?
Have you gotten your "treasurer" to solve my issue like you promised 2 months ago?
Hoping all is well with you and your CampBX company.
Regards,
3+ months for me
newbie
Activity: 49
Merit: 0
March 14, 2014, 07:11:44 PM
Quote
our sys admin will review and resolve it shortly
Great Mr Keyur!
I feel good for Geremia that might get his money back sometime in the near future as you promised.

But how about my case?
https://bitcointalksearch.org/topic/campbx-my-negative-experience-514176
CampBX Ticket: #VEP-822-93487
When am I going to get my money back into my account?
Have you gotten your "treasurer" to solve my issue like you promised 2 months ago?
Hoping all is well with you and your CampBX company.
Regards,




newbie
Activity: 56
Merit: 0
March 14, 2014, 06:10:46 PM
Does anyone have any advice?Huh I'm desperate. All I want is my money.

In my experience, CampBX is not to be trusted on any level. "Dishonest", I think describes their business model well.

They will close your account first, then ask questions later.
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