[SCAM ALERT] Free BTC Ripple Giveaway by TradeFortress - page 2.

i3lome

full member

Activity: 210

Merit: 100

Quote from: themusicgod1 on May 16, 2013, 11:55:04 PM

Quote

How ever you word it, that's what Bitcoin was made to avoid. Control.

Ripple is about taking the control that central banks have over the money supply and giving it to everyone.

This is not unlike Bitcoin

One company is not everyone, they have control over supply and demand of XRP. Which gives them control over the price. Bitcoin lets everyone Mine, and people determine the value of it.

You just described Bitcoin

BlackLilac Grant

member

Activity: 72

Merit: 10

Quote from: themusicgod1 on May 16, 2013, 11:47:54 PM

Quote from: i3lome on May 16, 2013, 10:32:57 PM

TradeFortress is doing everyone a favor, showing how you can be ripped off or stiffed in an easy way. This could be a loop hole to allow Ripple to take your money and keep it and label it fraud.

TradeFortress is a reputable member of the forum for what seems to a long time, he puts more into Crypto than most. Im sure he has no need to take your money or SCAM you.

I would trust TradeFortress, with my wallet and kids.

"Ripple" is a protocol not an entity. "Ripple" is not going to take your money any more than "Bitcoin" will.

Nonsense. Ripple is controlled in full by one company, who can do whatever they want with any funds in the system.

themusicgod1

sr. member

Activity: 252

Merit: 250

Quote

How ever you word it, that's what Bitcoin was made to avoid. Control.

Ripple is about taking the control that central banks have over the money supply and giving it to everyone.

This is not unlike Bitcoin

themusicgod1

sr. member

Activity: 252

Merit: 250

Quote from: i3lome on May 16, 2013, 10:32:57 PM

TradeFortress is doing everyone a favor, showing how you can be ripped off or stiffed in an easy way. This could be a loop hole to allow Ripple to take your money and keep it and label it fraud.

TradeFortress is a reputable member of the forum for what seems to a long time, he puts more into Crypto than most. Im sure he has no need to take your money or SCAM you.

I would trust TradeFortress, with my wallet and kids.

"Ripple" is a protocol not an entity. "Ripple" is not going to take your money any more than "Bitcoin" will.

Also I love the logic here -- TF is proving that he is a reputable person who would never scam you by scamming 30 people. Isn't that what you're saying here?

I mean, personally I don't think what he's doing is a scam, but isn't that the argument you're making here?

themusicgod1

sr. member

Activity: 252

Merit: 250

Quote from: Jakewell on May 16, 2013, 09:26:03 PM

I think he proves a very big bug in the entire ripple system.

If anyone can make those imaginary BTC or any other currency in the ripple system, and he sends that fake currency to alot of persons..

User 1, Fake bitcoin owner try to buy something paying with bitcoins in ripple, starts a topic or something, and send the fake BTC first.
User 2, receives the fake BTC and send the item who was selling (LTC, ripples, USD,etc) then he realizes that he cant trade his BTC anywhere, because its fake and get scammed.

This is not a bug. Users can trade this BTC to exactly the users who trusted TF who have not yet removed their credit limits to him. This is by design. TF might have just allowed 30-100 btc newbies to conduct real trade with eachother who might not have had any BTC to their name, based on TF's trust alone.

Now that seems to be a long shot, but that's the kind of long shot that Ripple at least makes possible.

themusicgod1

sr. member

Activity: 252

Merit: 250

Why am I getting messages in my inbox saying my posts critical of this experiment are being deleted by you?

If it's a social experiment, then wouldn't you have the incentive to make it seem fairly conducted (ie those critical to the experiment would have their voices aired, and their objections explained)

Quote from: 🏰 TradeFortress 🏰 on May 16, 2013, 05:48:15 PM

This is the point of the social experiment.

Quote

But it has been a good demonstration by TradeFortress. Having that useless 1 BTC in my own Ripple wallet balance that I can't spend is far more convincing than a post containing an image of someone else's wallet.

i3lome

full member

Activity: 210

Merit: 100

In my opinion based on what I have learned, Ripple will probably work and people will most likely use it since big corporations will tell them its ok. The reasoning be hind the [SCAM] tag it because the company's behind it will profit massively. Which will be ok for some, I personally don't want someone profiting from transactions I place or when I move my money. So scam may be a bad word choice but simply saying its a bad idea nobody pays attention.

How ever you word it, that's what Bitcoin was made to avoid. Control.

Andj

newbie

Activity: 33

Merit: 0

Now i believe ripple is not a scam, which make TradeFortress so nervious,
this guy do everything possible to agaist ripple, why?

i3lome

full member

Activity: 210

Merit: 100

TradeFortress is doing everyone a favor, showing how you can be ripped off or stiffed in an easy way. This could be a loop hole to allow Ripple to take your money and keep it and label it fraud.

TradeFortress is a reputable member of the forum for what seems to a long time, he puts more into Crypto than most. Im sure he has no need to take your money or SCAM you.

I would trust TradeFortress, with my wallet and kids.

dchapes

member

Activity: 84

Merit: 10

Quote from: Jakewell on May 16, 2013, 09:26:03 PM

I think he proves a very big bug in the entire ripple system.

No he hasn't.
It's not fake BTC.

He conned a bunch of newbies into trusting him for 100 BTC with the promise of "1 free Ripple BTC". He gave a pretty picture so that the newbies without a clue could follow his misguided instructions.

Those users have placed a trust in TradeFortress that he is good for 100 BTC when of course he has absolutly no intention of doing so. His goal is to let others use Ripples liquidity features to take the gateway BTC of any newb that has any. One person had 1 BTC/Bitstamp taken out of his account in exchange for 1 BTC/TradeFortress (because that's what TradeFortress knowingly conned the nebie into telling Ripple it was okay to do).

Quote from: Jakewell on May 16, 2013, 09:26:03 PM

User 2, receives the fake BTC and send the item who was selling (LTC, ripples, USD,etc) then he realizes that he cant trade his BTC anywhere, because its fake and get scammed.

The only way this can happen is if User 2 *also trusts* TradeFortress. If not there will either be no payment path or the path will go through someone that trusts TradeFortress.

Jakewell

newbie

Activity: 56

Merit: 0

I think he proves a very big bug in the entire ripple system.

If anyone can make those imaginary BTC or any other currency in the ripple system, and he sends that fake currency to alot of persons..

User 1, Fake bitcoin owner try to buy something paying with bitcoins in ripple, starts a topic or something, and send the fake BTC first.
User 2, receives the fake BTC and send the item who was selling (LTC, ripples, USD,etc) then he realizes that he cant trade his BTC anywhere, because its fake and get scammed.

ervalvola

hero member

Activity: 669

Merit: 500

sad but predictable :\

Here it is the official accusation post https://bitcointalk.org/index.php?topic=207841.new#new

Maybe i should add those users too, but the responsible is the organizer and the issuer of the fake bitcoins in my opinion.

dchapes

member

Activity: 84

Merit: 10

See https://ripple.com/forum/viewtopic.php?f=1&t=2552
Users ironcross360 and MyZhre/Andj are actively making BTC payments through these IOUs to Bitstamp for withdrawal.

bapakece

newbie

Activity: 56

Merit: 0

This make me confusing Huh

So TF what are you clarifications about this ?

minerone2

newbie

Activity: 8

Merit: 0

never trust some one you don't really know

bitaccumulation

member

Activity: 70

Merit: 10

Quote from: 🏰 TradeFortress 🏰 on May 16, 2013, 05:48:15 PM

This is the point of the social experiment.

Quote

But it has been a good demonstration by TradeFortress. Having that useless 1 BTC in my own Ripple wallet balance that I can't spend is far more convincing than a post containing an image of someone else's wallet.

Quote from: TradeFortress

One word: (actually two) - liquidity providers. I've being able to exchange my own IOUs for bit stamp ones because of a flawed feature in ripple.

That's not a "social experiment" - that's called fraud dipshit.

ervalvola

hero member

Activity: 669

Merit: 500

No, not yet...

He's simply exploiting the lack of knowledge and the trust that people gave him...

BTCoder

newbie

Activity: 14

Merit: 0

So is this guy banned yet?

ervalvola

hero member

Activity: 669

Merit: 500

Of course; he doesn't want anybody to breack the game...

Once again, people rescue to loose money there... moderators should do something...

pokerFace2

full member

Activity: 143

Merit: 100

TradeFortress is deleting posts in the mentioned topic he doesnt like:

Quote from: 🏰 TradeFortress 🏰 on May 16, 2013, 04:12:47 AM

2. You must have trusted us with 100 BTC.

Why so much? Your a scammer?

Topic: [SCAM ALERT] Free BTC Ripple Giveaway by TradeFortress - page 2. (Read 4782 times)