Topic: What do you guys think of BitEnsure? Interest Bearing Wallets - page 2. (Read 7441 times)

I guess it depends on how pessimistic you are, but I don't think Metaneural was a scam. At least not to begin with.

There's no way to really know for sure.

Well the Metaneural site is still running, so they are still trying to scam somebody.

Mission accomplished.

I hope you get your bitcoins back...

BitEnsure has shut down due to the negative reception from all of us according to the posting on their homepage. I've emailed them my withdrawal address, will update if/when I receive my coins back.

Which is it? if it's ony 1/3rd of that, Coinlenders is a better bet.

How do you get 160%? I get 1/3rd of that, still pretty good though no guarantees.  A whale can wipe out profits in a minute as happened before. Plus commission going up as is investment dilution.

if you are looking for someless scammy thing to invest. Just Dice's rate is actually quiteicompetitive too! Like 160% per year

Exactly.


This is uniquely stupid.

On one hand, Bitcoin is indefinitely divisible. Saving any qty of them does not make the rest any less apt to circulate.

On the other hand, more exposure just brings in more idiots that then are bringing in more scammers to fleece them, which slowly pushes Bitcoin towards being as stupid and useless as the general population (for which I take you personally as a very convenient illustrative example).


You mean like the BTC Garden people do with their blogfull of lifted pics?


They never had any. Journalistic integrity is something earned, not presumed. Coindesk is a lulz affair, they tried to buy some relevance by buying a few people a coupla rounds of beer in London and dubbing this adventure "the first conference". That's good enough right there: if they had any integrity, intellectual or even merely journalistic, they'd have done their research with regards to which scammers held the previous "first London conference".

This was the post mechs was referencing.
https://bitcointalksearch.org/topic/bitensure-latest-ponzi-scheme-268416

Mr. Bitensure has gotten really quiet all the sudden.. But I guess he's got a ton of stuff to fix on his site.

To be fair, there are some things he could do to at least prove he's attempting this craziness in good faith;

1.) He could put the funds that he supposedly has stashed away to ensure his customers' accounts in a third party escrow. Like maybe btcrow or something.
2.) He could reveal his identity. Not fool proof, obviously pirateat40 was willy-nilly about his identity and he was still a scammer. Still, it would lend to his credibility.
3.) He could partner with a reputable person/company, particularly one that has real assets.
4.) He could actually make some sort of effort to prove someone exists there. It's hard to believe no one that works for metaneural or bitensure or bitcoinhaze wants to show their face. Total anonymity is ok if you don't need trust for your business to function.
(But guess what you need, Mr. Bitensure? hint: trust)

Even if he did all that, he wouldn't get a bitcoin from me. Those returns are just unattainable with any serious amount of money over any serious amount of time, but at least I'd feel he's just naive, not evil.

ps.
I'm glad there's a record of the site like it was. I was kicking myself for not making a copy, and was thinking everyone would think I was just crazy in the future haha.

Yea, they wised up. I was gonna scrape the contents for storage but I figured google would for us: https://webcache.googleusercontent.com/search?q=cache:http%3A%2F%2Fwww.metaneural.com%2Fabout.html

It's attributed to laziness no doubt. I don't see it anymore though, it get removed?

Its not like WSJ has better fact checking.  Coindesk doesn't perform DD either.

http://online.wsj.com/article/SB10001424127887323997004578644491403250124.html?mod=WSJ_article_MoreIn_Tech

Lying about your team and using stock photos to build fake identities is not done with good intentions, sorry mate.

Furthermore, the photos at the foot of the metaneural page are actually from a company named Envato Pty Ltd, based in Australia.

Finally, I want to point out that their explanation about how your coins are guaranteed and they aren't doing fractional banking makes no sense. They are flat out lying in that coindesk article.

The worse part, it is like he is not even putting much effort into it.  Couldn't he take a few minutes to lift a photo from Linked in?  Pretty lazy scammer.

Coindesk has lost all journalistic integrity in my book.  I tried to leave a comment on the article with a link here and some proof this is a scam and they did not approve the comment.  I am starting to wonder if Coindesk it participating in this scam themselves.  Seriously, noone even knew about them until coindesk wrote the article which is what gave this blatant scam an air of legitimacy.  If they did even 5 minutes of basic research, they would have found all the blaring scam evidence we have.  This is below the par of a Junior High School newspaper.  I am not sure whether the journalist and editor are Incompetent, Lazy or Dishonest. Those really are the only 3 options or some combination thereof.

Pathetic

The new image of John Jones is also a stock photo. An example can be found here: http://www.thedailymuse.com/career/how-to-manage-people-who-know-more-than-you/

The lack of journalistic integrity at Coindesk is pretty disappointing, I must say.

I am going to wait out my month and see if I can get my coins back, if I try to withdraw them early they take the promised interest as a fee instead. Will report back then. I'm honestly a little afraid to ask them what's up in case they are playing a long con; don't want to spook them.

I'm clearly a little too trusting, but with that said it is a little surprising to me that so many people are willing to scam like that and risk getting caught when they can just provide a service that offers value and make money legitimately. Personally I'm just way too afraid of jail to try anything like that.

What is sad is the investiagtive work in this thread if far better than the crap work Coindesk did. 

Honestly, I think these guys are just very amateur, incredibly lost, and obviously not well read (40% interest in the midst of a ponzi scheme trial, rofl). I think they have good intentions, but just flat out suck at their PR and presentation (google images for stock photos is nothing new). I doubt they'll achieve the 40% (or even 17%) they expect, but I'll be following this out of sheer curiousity.

He is either a shill for this scam or just a fool who does not deserve his bitcoins. More likely the former