[1.3+BTC SCAM] Mastertrader777 / Toshi Desk trying to bury the truth.

[BitBerau]

What happened:
I've known MasterTrader777 for over 3 months now, on the basis of him convincing me into trying out his trading group in which he gives out trading calls, for .77 a week.
I have agreed to join but under terms that if I do NOT make my money back from his calls within the week membership, he will provide me a refund, so I do not come out on a loss, he has agreed to the terms. I have paid him on the 10th of Sept.
Firstly, he told me to long the top of XMR at 0.01935, which fell down to 0.015 after a week+. But Throughout the week he told me to cost average down, which is what I was doing, I was telling him how much and at what prices i was cost averaging down, which he agreed at, I did buy 20-30xmr by mistake, since he told me XMR has good bullish signs.
At the end of the first week I was down by -.5, since if fell down by so much.. However, he told me to baghold and cost average as it will go back up, i did as instructed and sold back at .0185 for a small profit..

Since I didnt make my money back, I wanted him to give me a refund but i gave it another chance.  He then told me to to rebuy into XMR at 0.0174, I have followed his instructions to cost average down, we did that till 0.013, at which point I have given up and sold everything, since I was on a .5 loss once again, only thing this time the price had no chance of going back up so I am stuck with the loss.

However, what makes it a even worse situation is that he is even refusing to give me a refund, for a very peculiar reason, unlike what we have agreed before going through with the deal.
The reasons are that apparently It was my fault because i made the mistake buy due to not listening to his instructions, firstly that was one small occurrence which didn't happen again, you kept telling me the price will go up at that time when i made that buy, and I have sold the XMR which I have bought at that price. Anyhow, it wouldn't have changed the outcome or the terms which we've agreed to, since, based on the calls he gave me i lost money.

I had to close the XMR trade at 0.0125-0.013 since i had notice it barely had any support and take a loss of -0.5. Total loss at almost -1.3BTC including the membership fee.
All I ask is that he acts according to our agreement and compensates me.

Scammers Profile Link:
https://bitcointalk.org/index.php?action=profile;u=423115
Payment Method: Bitcoin
Total loss: BTC1.3
Proof of Payment:
https://blockchain.info/tx/b46fd351a3e84a2d59f229edc483d1db8db43c75cf20ca632ae02928e0a25b1f
https://i.imgur.com/q0J23PM.png
PM/Chat Logs:
https://i.imgur.com/xi5HXID.png
https://i.imgur.com/Zge0XVk.png
https://i.imgur.com/GYyAcvz.png
https://i.imgur.com/TcubpNF.png
https://i.imgur.com/lS97JGy.png
https://i.imgur.com/NgyFwCe.png
https://i.imgur.com/YknyznR.png
https://i.imgur.com/RsKXAOA.png
https://i.imgur.com/k2hvO83.png
Raw: http://pastebin.com/BbYwfgkc
His skype: https://i.imgur.com/nGAZrCI.png
Additional Notes: Chat records are legally binding agreements, you cannot change them how you like, that's like saying it makes sense for a shop to charge you extra money for a previous purchase you've already agreed to the terms of. I hope we can cooperate and solve this issue.  

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[markj113]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

[Mrbates]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

Mastertrader does have a lot of capital; but I think he went too bullish on XMR following the assumption it would mimic btc after DNM addition - Fairly certain he bought a few hundred btc worth at .022 honestly and no one on polo has really seen him since and he did proclaim in the trollbox he would return at .0246 or something.  Which is more than possible to get to over the course of a year, but no one has strong hands on xmr at these prices.
(I bought 20 btc worth of xmr at 80k-90k level when everyone said I was stupid for doing so and then the price went up 2500% within the 2 month period -- even that huge surge had me sell out at 2200%)

@ op, realistically you shouldn't pay for trading advice; its even unrealistic to read graphs when trading crypto - its all based around community sentiment and can be influenced relatively easy.  So heres the best advice anyone can give you that will eventually prove to work - buy 1 btc in every coin, place the price for twice your purchase price and hold (don't buy already peaked/pumped coins *cough* c2 and pot)

[BitBerau]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

Of course, I didnt expect the guy to be 100% right in every trade, but what i did expect is for him to honor our agreement.
We have agreed that he offers me a refund, if i go on a loss..
Honestly, it's not easy to convince me, like I said I've been talking to him for quite a while, and during that time he gave me some free calls, which were good, I don't doubt his legitimacy..
We've both lost money to the position, I was obliged to follow his lead.. It would only be fair if he refunds me, to which we've agreed to, but he doesn't want to..

Thankh you for having a look!

[BitBerau]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

Mastertrader does have a lot of capital; but I think he went too bullish on XMR following the assumption it would mimic btc after DNM addition - Fairly certain he bought a few hundred btc worth at .022 honestly and no one on polo has really seen him since and he did proclaim in the trollbox he would return at .0246 or something.  Which is more than possible to get to over the course of a year, but no one has strong hands on xmr at these prices.
(I bought 20 btc worth of xmr at 80k-90k level when everyone said I was stupid for doing so and then the price went up 2500% within the 2 month period -- even that huge surge had me sell out at 2200%)

@ op, realistically you shouldn't pay for trading advice; its even unrealistic to read graphs when trading crypto - its all based around community sentiment and can be influenced relatively easy.  So heres the best advice anyone can give you that will eventually prove to work - buy 1 btc in every coin, place the price for twice your purchase price and hold (don't buy already peaked/pumped coins *cough* c2 and pot)

Yes, it was my mistake for paying for trading advice, but you can find some real gems sometimes... You're definitely right about the graphs, that mostly applies to low / medium cap coins though...
The main reason XMR fell in price is because Oasis Market exit scammed...
Thankh you for coming in

[Mrbates]

Yes, it was my mistake for paying for trading advice, but you can find some real gems sometimes... You're definitely right about the graphs, that mostly applies to low / medium cap coins though...
The main reason XMR fell in price is because Oasis Market exit scammed...
Thankh you for coming in

Yeah I was surprised oasis bailed honestly, I mean their rep and size has nothing compared to alphabay which still uses monero.  However all the news was generated by oasis market and a good portion of traders, and people didn't research that it was a lower tier market just that it had good feedback for the time it had been up.  (I didn't even know that honestly until I saw the price begin a decline from .023-.0215 and when I did it was like panic saleeee lol)
Also this may not make as much profit as you would like; but on the coins running between 40-200 sat if you buy for example .2 btc and up the price by a small amount (3-20 satoshi based on coin value) it usually gets met within the day and you scalp an easy 3-10% profit with minimal risk since its already a low valued coin --- do not do it with the 1-10 coins rare they move to where you can get profit off of them but when they do the rates are good.

and glad you got it sorted out with master hes a pretty good person.

[dooglus]

Raw: http://pastebin.com/BbYwfgkc

Interesting reading. Looks to me like you were clearly scammed. He said he would refund the difference if you made a loss. So he doesn't just owe you the 0.777 that you paid but also the losses you made.

Does the other party have anything to say about this accusation? Refusing to refund because you made a trade that you weren't explicitly told to, while at the same time complaining that you didn't make the CLAM sell when you weren't explicitly told to is just priceless:

[9/30/2016 4:44:38 PM] Rich Trader: it went to 150 yesterday
[9/30/2016 4:44:45 PM] Rich Trader: 159 actually
[9/30/2016 4:44:53 PM] Wolfgang: Yeah
[9/30/2016 4:45:01 PM] Rich Trader: You should have sold there
[9/30/2016 4:45:03 PM] Rich Trader: geez
[9/30/2016 4:45:04 PM] Rich Trader: lol
[9/30/2016 4:45:59 PM] Wolfgang: Wasnt at my PC at that time.. I expected you to tell me when to sell
[9/30/2016 4:46:09 PM] Rich Trader: I'm not always at the computer.

[BitBerau]

Yes, it was my mistake for paying for trading advice, but you can find some real gems sometimes... You're definitely right about the graphs, that mostly applies to low / medium cap coins though...
The main reason XMR fell in price is because Oasis Market exit scammed...
Thankh you for coming in

Yeah I was surprised oasis bailed honestly, I mean their rep and size has nothing compared to alphabay which still uses monero.  However all the news was generated by oasis market and a good portion of traders, and people didn't research that it was a lower tier market just that it had good feedback for the time it had been up.  (I didn't even know that honestly until I saw the price begin a decline from .023-.0215 and when I did it was like panic saleeee lol)
Also this may not make as much profit as you would like; but on the coins running between 40-200 sat if you buy for example .2 btc and up the price by a small amount (3-20 satoshi based on coin value) it usually gets met within the day and you scalp an easy 3-10% profit with minimal risk since its already a low valued coin --- do not do it with the 1-10 coins rare they move to where you can get profit off of them but when they do the rates are good.

and glad you got it sorted out with master hes a pretty good person.

Yeah.. Well, a correction was needed, what goes up must come down at some point..
Yes, I was thinking of buying into so low cap coins, i missed out on Gulden D: .. Still has some steam i think though..

We did not solve this issue, yet, i just showed him the thread.. We'll have to see, i hope he honors our agreement..

[BitBerau]

Raw: http://pastebin.com/BbYwfgkc

Interesting reading. Looks to me like you were clearly scammed. He said he would refund the difference if you made a loss. So he doesn't just owe you the 0.777 that you paid but also the losses you made.

Does the other party have anything to say about this accusation? Refusing to refund because you made a trade that you weren't explicitly told to, while at the same time complaining that you didn't make the CLAM sell when you weren't explicitly told to is just priceless:

[9/30/2016 4:44:38 PM] Rich Trader: it went to 150 yesterday
[9/30/2016 4:44:45 PM] Rich Trader: 159 actually
[9/30/2016 4:44:53 PM] Wolfgang: Yeah
[9/30/2016 4:45:01 PM] Rich Trader: You should have sold there
[9/30/2016 4:45:03 PM] Rich Trader: geez
[9/30/2016 4:45:04 PM] Rich Trader: lol
[9/30/2016 4:45:59 PM] Wolfgang: Wasnt at my PC at that time.. I expected you to tell me when to sell
[9/30/2016 4:46:09 PM] Rich Trader: I'm not always at the computer.

Yes, that's right, I've been completely scammed..
We have not agreed that he wont have to provide a refund if i make a trade without letting him know, its an invalid argument. Reality is, even if i did not make that thread, it wouldn't have impacted the outcome, i would still be here with a open thread, he'd just have some other invalid excuse..
He's got a bit of double think going on, he was also pretending like he expected the dump, when he explicitly said otherwise previously..
I really hope we can solve this issue, im fucked if its not solved.. Can't just let this kind of money slide..



Thankh you for looking into this issue.

[BitBerau]

I'm trying to get some more people to see this thread, If anyone can help, it'd be highly appreciated.

[dooglus]

I'm trying to get some more people to see this thread, If anyone can help, it'd be highly appreciated.

I left him some feedback on his profile. It links to this thread, so maybe that will help him find it.

[BitBerau]

I'm trying to get some more people to see this thread, If anyone can help, it'd be highly appreciated.

I left him some feedback on his profile. It links to this thread, so maybe that will help him find it.

Highly appreciated, thankh you sir.
He seems to be somewhat unresponsive, although he is online on Skype.
https://i.imgur.com/bHTrkSN.png

[Spoetnik]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

Agreed and the OP admitted he bought XMR by mistake so he was not following the instructions properly.

[BitBerau]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

Agreed and the OP admitted he bought XMR by mistake so he was not following the instructions properly.

I was following his instructions, at that time he didn't give me instructions of not buying more..
So I did follow his instructions. He provided me with a guarantee that i will make my money back, and if i do not he will provide me with a refund, he provided me with bad calls which made me lose money, so I'm here to claim my money back.

Please don't make assumptions, you don't even know what happened.

Thankh you

[mastertrader777]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

Agreed and the OP admitted he bought XMR by mistake so he was not following the instructions properly.

I was following his instructions, at that time he didn't give me instructions of not buying more..
So I did follow his instructions. He provided me with a guarantee that i will make my money back, and if i do not he will provide me with a refund, he provided me with bad calls which made me lose money, so I'm here to claim my money back.

Please don't make assumptions, you don't even know what happened.

Thankh you

You panic bought XMR at .0185 and I never told you to do such a thing.

I have all the screen shots of the conversation where he admitted that he didn't follow directions.

Its funny to me that after this guy admitted he didn't follow directions hes going to still cry about a loss.

The guy panic bought my 180's pump like an idiot, when I told him to be selling during the pump.

I haven't scammed you at all!

I have kept open communication with you, and respected you to the fullest extent.

You DIDN'T follow instructions.

You bought when I told you to SELL.

You just are so out of line starting a thread like this.

Its sort of funny to be honest.

[mastertrader777]

I'm trying to get some more people to see this thread, If anyone can help, it'd be highly appreciated.

I left him some feedback on his profile. It links to this thread, so maybe that will help him find it.

Highly appreciated, thankh you sir.
He seems to be somewhat unresponsive, although he is online on Skype.
https://i.imgur.com/bHTrkSN.png

When it gets to a point of you acting like a kid, when you made the mistake by not following directions thats your loss.

That's right, I'm still online, and always will be online.

I have no reason to hide from you, block you, or cut off communications with you.

I'm not going to reimburse you for making a mistake that I didn't instruct you to make.

I told you I'd help you recover your losses for free.

Gave you 2 weeks or so of advice for free.

You started acting out, I told you I didn't have time for that.

I said you need to cool down, and let you have your time.

You seemed to come to your senses, and I began helping you again.

I told you about CLAM, helped you make some money on that call.

Kept you posted and all, and you began acting out again...

Then you hit me with the link to this thread you started and this is where we stand.

Starting taking things personal, staking me and my girlfriend, talking alot of crap I wont amuse.

In the end.

You weren't scammed, you know that.

Stop crying about a loss in the market, you win, you lose, its crypto.

Sorry boss, but I can't stand a cry baby.

Get your act together and I will take you under my wing again.

Until then,

Cheers

[mastertrader777]

I'm trying to get some more people to see this thread, If anyone can help, it'd be highly appreciated.

I left him some feedback on his profile. It links to this thread, so maybe that will help him find it.

Please delete the undeserved feedback.

Thanks.

[BitBerau]

Firstly no one has a crystal ball.

If this guy is so great at making trading calls he would be a very rich man and would not need your funds, it is very easy to gamble with others money.

If he agreed to to refund your money then he should honour it but you not following his advice to the word is a bit of a get out clause.

There is no such thing as a risk free investment so if this guy is offering refunds if you make a loss he's as much of an idiot as you are for falling for this shit.

p.s. in your pm to me you state you are a student so you should have the intelligence to know better.

A harsh summary but all true

Agreed and the OP admitted he bought XMR by mistake so he was not following the instructions properly.

I was following his instructions, at that time he didn't give me instructions of not buying more..
So I did follow his instructions. He provided me with a guarantee that i will make my money back, and if i do not he will provide me with a refund, he provided me with bad calls which made me lose money, so I'm here to claim my money back.

Please don't make assumptions, you don't even know what happened.

Thankh you

You panic bought XMR at .0185 and I never told you to do such a thing.

I have all the screen shots of the conversation where he admitted that he didn't follow directions.

Its funny to me that after this guy admitted he didn't follow directions hes going to still cry about a loss.

The guy panic bought my 180's pump like an idiot, when I told him to be selling during the pump.

I haven't scammed you at all!

I have kept open communication with you, and respected you to the fullest extent.

You DIDN'T follow instructions.

You bought when I told you to SELL.

You just are so out of line starting a thread like this.

Its sort of funny to be honest.

All the XMR I have bought at 0.0185, I have sold back at around 0.0180s, when you have told me to sell them off.
It's very funny that you expect me to follow your instructions word by word when you have barely even given me trading advice for the 0.08 I have given you.
You cant expect me to ask you if i should buy at a specific price, and wait 1-3 hours for your response, when you are contradicting yourself by expecting me to have sold my CLAM when you haven't told me to sell..

You kept telling me to buy from 0.019 till further down, and I sold at the pump up to 0.0185, so i don't know what you're talking about.

[9/20/2016 10:42:29 PM] Wolfgang: Should I sell now?
[9/20/2016 10:42:36 PM] Rich Trader: You should have sold already
[9/20/2016 10:42:38 PM] Rich Trader: in the 190's
[9/20/2016 10:42:57 PM] Rich Trader: I just sold 185
[9/20/2016 10:46:17 PM] Wolfgang: Just closed my position
[9/20/2016 10:47:19 PM] Wolfgang: Glad I got away with a bit of profit
[9/20/2016 10:47:28 PM] Wolfgang: Thanks
Raw chatlogs: http://pastebin.com/BbYwfgkc
So what if you've got screenshots of chats? That doesn't make you right, I have posted the WHOLE chat history, which anyone can check out, I am not hiding ANYTHING.

You've told me that we will sell at 0.02, you have made me buy XMR right at the PEAK of the correction, XMR is now at 0.01, It have lost 50% of the value.

We have agreed that you will provide me with a refund if it doesn't go well and I go on a loss due to your trading advice, you will provide me with a refund, so now PAY UP, doing this is respect, what you're doing now is wrong.

Word on your master trader coins is that you've also scammed your investors, so people, scammers will always be scammers.. This is your opportunity to prove the community and your investors, that you're the legitimate and respectful businessman that you say you are.

Thankh you.

[BitBerau]

I'm trying to get some more people to see this thread, If anyone can help, it'd be highly appreciated.

I left him some feedback on his profile. It links to this thread, so maybe that will help him find it.

Highly appreciated, thankh you sir.
He seems to be somewhat unresponsive, although he is online on Skype.
https://i.imgur.com/bHTrkSN.png

When it gets to a point of you acting like a kid, when you made the mistake by not following directions thats your loss.

That's right, I'm still online, and always will be online.

I have no reason to hide from you, block you, or cut off communications with you.

I'm not going to reimburse you for making a mistake that I didn't instruct you to make.

I told you I'd help you recover your losses for free.

Gave you 2 weeks or so of advice for free.

You started acting out, I told you I didn't have time for that.

I said you need to cool down, and let you have your time.

You seemed to come to your senses, and I began helping you again.

I told you about CLAM, helped you make some money on that call.

Kept you posted and all, and you began acting out again...

Then you hit me with the link to this thread you started and this is where we stand.

Starting taking things personal, staking me and my girlfriend, talking alot of crap I wont amuse.

In the end.

You weren't scammed, you know that.

Stop crying about a loss in the market, you win, you lose, its crypto.

Sorry boss, but I can't stand a cry baby.

Get your act together and I will take you under my wing again.

Until then,

Cheers

It's funny when you have to resort to name calling, notice I've not insulted you on this thread at all, I have made my points respectfully.

I don't need to sugar coat my arguments.

YOU are going to reimburse me for the 0.78BTC which I have paid you for the trading advice, AND for the 0.5BTC which I have lost in the process of your bad calls, minus the loss of the mistake trade which i made, considering that I sold that XMR at 0.018.
Which is fair, here is the proof that you have provided me with a guarantee.

[9/10/2016 5:21:53 PM] Wolfgang: Okay, before i send the .777, the terms of the trade is that if i dont make a total of .777 or more than that for the week, you will pay back the difference, so itll be all covered.
[9/10/2016 5:22:08 PM] Rich Trader: That's correct.
[9/10/2016 5:22:12 PM] Wolfgang: Ok
[9/10/2016 5:22:13 PM] Wolfgang: will send now
That's a written agreement.

If you think that 2 weeks of "Advice" has helped me any bit, in fact made matters worse as i lost even more money, then you've got the wrong person to fool.

We didn't agree to no free advice, no such thing as that.

You had a month and 10+ days to provide me with some good calls, the only ok call you've given me is CLAMS, was only a small rise and i didn't make much, since i followed your instructions, even then you didn't even bother providing instructions at what price you sell.

Oh I was scammed,  you're playing dirty. I understand you dont always, but we came to agreement that if it were to happen you'd re-compensate me.

Hey, I'm not crying, I'm trying to solve this issue, protecting my money, anyone would be doing the same thing as me, and showing people who they're investing in.

[dooglus]

I'm trying to get some more people to see this thread, If anyone can help, it'd be highly appreciated.

I left him some feedback on his profile. It links to this thread, so maybe that will help him find it.

Please delete the undeserved feedback.

I don't think I left any undeserved feedback did I?

My feedback says:

Outstanding unanswered scam allegation. Appears to be selling trading advice with the promise of a full refund of fees plus losses if you don't recover the cost of the advice within a week, and then reneging on the deal,

Three questions:

Are OP's chat logs accurate?

Did you promise to refund fees plus losses in the event of a net loss?

Did you do as you promised?