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Other => Beginners & Help => Topic started by: SEC agent on October 06, 2012, 09:31:43 PM



Title: Bitcoin scams
Post by: SEC agent on October 06, 2012, 09:31:43 PM
I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.

So, why do you think scams are operated so freely here? Lack of moderation on the forum? A community to greedy to care? Is it just the anonymity and the (until recently) lack of punishment and law enforcement?

Why shouldn't the forums (and bitcoin overall) be shut down? Why shouldn't a central authority be set up to tackle the frauds that are so endemic in this community?


Title: Re: Bitcoin scams
Post by: Raoul Duke on October 06, 2012, 09:33:31 PM
Why are SEC agents so illiterate?


Title: Re: Bitcoin scams
Post by: SEC agent on October 06, 2012, 09:37:13 PM
Excellent attempt at avoiding the question. As a moderator, you are part of the problem by allowing security and banking fraud to thrive on this forum.



Title: Re: Bitcoin scams
Post by: CJGoodings on October 06, 2012, 09:39:08 PM
He's right though, your grammar and spelling is atrocious.


Title: Re: Bitcoin scams
Post by: Raoul Duke on October 06, 2012, 09:40:22 PM
Excellent attempt at avoiding the question. As a moderator, you are part of the problem by allowing security and banking fraud to thrive on this forum.



Me? I don't allow anything, I have no powers to allow or disallow anything that doesn't fall on the spam category(and your first posts in this forum fall on that category, so prepare yourself to see them vanish).
Sorry about that. You need to find some other scapegoat(lol)



Title: Re: Bitcoin scams
Post by: JoelKatz on October 06, 2012, 09:40:45 PM
I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.

So, why do you think scams are operated so freely here? Lack of moderation on the forum? A community to greedy to care? Is it just the anonymity and the (until recently) lack of punishment and law enforcement?

Why shouldn't the forums (and bitcoin overall) be shut down? Why shouldn't a central authority be set up to tackle the frauds that are so endemic in this community?
It's just that the community is immature. It's the same reason the "wild west" was once wild.

Sure, imposing a central authority would be one way to tackle the fraud. But it's far from clear that it's the only way.


Title: Re: Bitcoin scams
Post by: SEC agent on October 06, 2012, 09:44:29 PM
Excellent attempt at avoiding the question. As a moderator, you are part of the problem by allowing security and banking fraud to thrive on this forum.



Me? I don't allow anything, I have no powers to allow or disallow anything that doesn't fall on the spam category(and your first posts in this forum fall on that category, so prepare yourself to see them vanish).
Sorry about that. You need to find some other scapegoat(lol)



You can try to silence me all you want, it wont fix your broken community, it wont get all those victims their money back, and it wont stop me from saying what needs to be said.


Title: Re: Bitcoin scams
Post by: yrtrnc on October 06, 2012, 09:44:49 PM
Small price to pay for liberation.

I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.

So, why do you think scams are operated so freely here? Lack of moderation on the forum? A community to greedy to care? Is it just the anonymity and the (until recently) lack of punishment and law enforcement?

Why shouldn't the forums (and bitcoin overall) be shut down? Why shouldn't a central authority be set up to tackle the frauds that are so endemic in this community?


Title: Re: Bitcoin scams
Post by: koin on October 06, 2012, 09:48:50 PM
As a moderator, you are part of the problem by allowing security and banking fraud to thrive on this forum.

that's some very atlas-like trolling, but for some reason i think this is someone else doing the trolling.   any guesses?


Title: Re: Bitcoin scams
Post by: nobbynobbynoob on October 06, 2012, 09:53:23 PM
Given the atrocities of central authority throughout history, some of us like our anarchy here. :)

(Personally I don't quite consider myself an anarchist or voluntarist or anvol or ancap or whatever name you prefer, but it interests me and I relate to it strongly. I'm probably more of a libertarian or classical liberal on most issues, with criminal justice being a possible exception.)


Title: Re: Bitcoin scams
Post by: Eridani on October 06, 2012, 09:55:33 PM
OP and his posts smell fishy to me...


Title: Re: Bitcoin scams
Post by: Foxpup on October 06, 2012, 11:02:18 PM
I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.
What, every one? Look harder.

So, why do you think scams are operated so freely here? Lack of moderation on the forum? A community to greedy to care? Is it just the anonymity and the (until recently) lack of punishment and law enforcement?
If you look past the obvious answers, you'll see one that's even more obvious. Specifically, there are scams everywhere. These forums actually have relatively few scams, at least when compared to the rest of the Internet, or even just my spam folder.

Why shouldn't the forums (and bitcoin overall) be shut down?
Go shut down the U.S. Dollar. It's involved in far larger and far more numerous scams and illegal transactions than Bitcoin ever has.

Why shouldn't a central authority be set up to tackle the frauds that are so endemic in this community?
We already have one. It was established long ago as a government agency, a commission if you will, in charge of regulating the exchange of things like securities and other investments. I just can't remember what it's called. The Commission of Exchange of Securities? No, that's not it... Oh wait, I remember now, it's called the Securities and Exchange Commission. You may have heard of it. Why aren't they doing something about all this?


Title: Re: Bitcoin scams
Post by: nobbynobbynoob on October 07, 2012, 12:40:13 AM
Go shut down the U.S. Dollar. It's involved in far larger and far more numerous scams and illegal transactions than Bitcoin ever has.

+1

And as for the anonymity of Bitcoin, I'd say that good old-fashioned cash transactions can be even more untraceable.


Title: Re: Bitcoin scams
Post by: Raoul Duke on October 07, 2012, 01:04:06 AM
Excellent attempt at avoiding the question. As a moderator, you are part of the problem by allowing security and banking fraud to thrive on this forum.



Me? I don't allow anything, I have no powers to allow or disallow anything that doesn't fall on the spam category(and your first posts in this forum fall on that category, so prepare yourself to see them vanish).
Sorry about that. You need to find some other scapegoat(lol)



You can try to silence me all you want, it wont fix your broken community, it wont get all those victims their money back, and it wont stop me from saying what needs to be said.

Silence you? No way, but, one word, one liner replies just to get away from newbie jail, forget about it...
Complaint about it to the SEC if you wish. So fa, you're nothing more than a spammer and troll. Continue down that path, please...


Title: Re: Bitcoin scams
Post by: jasinlee on October 07, 2012, 01:17:11 AM
I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.

So, why do you think scams are operated so freely here? Lack of moderation on the forum? A community to greedy to care? Is it just the anonymity and the (until recently) lack of punishment and law enforcement?

Why shouldn't the forums (and bitcoin overall) be shut down? Why shouldn't a central authority be set up to tackle the frauds that are so endemic in this community?

Right, the SEC and all government agencies always let every person know their intentions in public in advance all the time.

Hey you drug dealers in the house there, btw just thought you might want to know, there is a possibility since I have been watching you for a while now that I just might raid your sometime VERY soon. Just sayin.


Title: Re: Bitcoin scams
Post by: SEC agent on October 07, 2012, 02:27:20 AM
All it takes is a few seconds in the lending or securities board to see how this forum is plagued with con artists and shills. Every time an obvious lending scam pops up, the few honest people on the forum who denounce it get shouted down by the rest of you. Even the moderators join in to defend the ponzi schemes and other scams.

Hell, one of your moderators has a security fraud scheme that is falling apart as we speak, another has admitted to actively participating in multiple ponzi schemes (even actively promoting some). There are so many scams here that your lending board has a disclaimer. If that doesn't speak volumes on the amount of scammers on the forum, it don't know what does.

But there is no problem, right? All is A -OK in the bitcoin community, right?

Mark my words, left unchecked, this poisonous community will kill bitcoin long before the government will, and most of you will be sitting here with an Internet currency worth nothing, wondering where it all went wrong.



Title: Re: Bitcoin scams
Post by: jasinlee on October 07, 2012, 02:32:52 AM
Cant tell, FUD or Micon with a new strategy.


Title: Re: Bitcoin scams
Post by: SEC agent on October 07, 2012, 02:38:13 AM
Neither. I'm simply stating the obvious.

What's baffling is watching forum members here defend criminals who are actively stealing peoples money. As far as I'm concerned, that makes them as complicit as the criminals they are defending.


Title: Re: Bitcoin scams
Post by: fcmatt on October 07, 2012, 02:41:08 AM
do not care or know if this is a sec agent or not. i will pretend it is.

many members here are in denial on just how rotten this forum has become.

i personally tolerate it due to it having critical mass. creating a new forum often results
in a ghost town unless legit key players in bitcoin decide to create the new forum. gavin for
example moves to it and other developers do also. ditto with legit bitcoin businesses. this
leaves the rest behind and if they do attempt to come a ban quickly eliminates the nonsense
they post.

keep in mind there is a lot of people here who had nothing to do with lending, securities, and other
lame attempts at making money via these schemes. the most vocal are often the ones involved.
so the forum appears to be full of this crap.


Title: Re: Bitcoin scams
Post by: Foxpup on October 07, 2012, 03:12:25 AM
Cant tell, FUD or Micon with a new strategy.
There is also a third option: an actual SEC agent who's never used the Internet before, and while he probably learnt in his training that scams of various kinds are prevalent on the Internet, he hasn't the faintest idea of just how prevalent they are, and the impossibility of getting rid of them without outright banning discussion of any business proposals of any kind (which obviously isn't an acceptable solution on a forum about Internet currency). Hell, I've seen scams advertised on well-moderated furry porn sites ffs; the very idea that all scams can be eliminated from a site devoted to money represents a ludicrous level of wishful thinking.

That said, I tend to stay away from the lending forum for exactly this reason. What exactly goes through people's heads when they're told "Please irreversibly transfer your money to my anonymous account. I'll pay you back. Honest."? I mean, seriously, stuff like this makes you wonder how a fool and his money ever got together in the first place.


Title: Re: Bitcoin scams
Post by: koin on October 07, 2012, 03:44:13 AM
There is also a third option: an actual SEC agent who's never used the Internet before,

that would be rare: "SEC staffers watched porn as economy crashed" http://articles.cnn.com/2010-04-23/politics/sec.porn_1_sec-employees-sec-spokesman-john-nester-inspector-general


Title: Re: Bitcoin scams
Post by: fcmatt on October 07, 2012, 03:57:58 AM
There is also a third option: an actual SEC agent who's never used the Internet before,

that would be rare: "SEC staffers watched porn as economy crashed" http://articles.cnn.com/2010-04-23/politics/sec.porn_1_sec-employees-sec-spokesman-john-nester-inspector-general

everyone needs a distraction now and then ;-)


Title: Re: Bitcoin scams
Post by: Richy_T on October 07, 2012, 04:30:14 AM
The scammers smell the greed (not everyone here is greedy, of course but it's a fairly high proportion). Plus since Bitcoin is fairly new, they can wrap up old scam in new clothes and people think it's somehow different.

I'm not that worried though, it will sort itself out in time. Like others have said, it's a bit like the Wild West. At least these scammers are just asking for money and not demanding it with guns like the government does.


Title: Re: Bitcoin scams
Post by: Bitcoin Oz on October 07, 2012, 04:32:15 AM
There is also a third option: an actual SEC agent who's never used the Internet before,

that would be rare: "SEC staffers watched porn as economy crashed" http://articles.cnn.com/2010-04-23/politics/sec.porn_1_sec-employees-sec-spokesman-john-nester-inspector-general

They could browse MPEX and combine work and play.


Title: Re: Bitcoin scams
Post by: fcmatt on October 07, 2012, 04:36:43 AM
There is also a third option: an actual SEC agent who's never used the Internet before,

that would be rare: "SEC staffers watched porn as economy crashed" http://articles.cnn.com/2010-04-23/politics/sec.porn_1_sec-employees-sec-spokesman-john-nester-inspector-general

They could browse MPEX and combine work and play.

Heh. Well played sir. Nothing says fun like the internet and romania.


Title: Re: Bitcoin scams
Post by: koin on October 07, 2012, 05:22:38 AM
They could browse MPEX and combine work and play.

actually looks like mp is like a brilliant chess player with future moves planned well in advance.

the sec probably has tight porn filters enabled after that huge embarrassment a couple years ago.  so they couldn't investigate anything on polimedia.us site even if they wanted to!


Title: Re: Bitcoin scams
Post by: SEC agent on October 07, 2012, 05:24:11 AM
https://bitcointalk.org/index.php?topic=83794.0

Is this acceptable to the community? (To be clear, this is an incomplete list as far as I can tell)

How much money needs to be stolen before the community accepts that there is a problem?  Some of you get it, others still want to be part of the problem, apparently.


Title: Re: Bitcoin scams
Post by: Foxpup on October 07, 2012, 05:51:26 AM
https://bitcointalk.org/index.php?topic=83794.0

Is this acceptable to the community? (To be clear, this is an incomplete list as far as I can tell)

How much money needs to be stolen before the community accepts that there is a problem?  Some of you get it, others still want to be part of the problem, apparently.
Bitcoins (along with gold, and dollars, and many other things) are valuable. Criminals try to steal, embezzle, or otherwise fraudulently obtain things that are valuable. Sometimes they succeed. This isn't a problem with Bitcoin, or the Bitcoin community (or gold or dollars for that matter). It's just a fact of life. If you really are an SEC agent, you would know that already, and you would also know that it's your job to make some attempt to actually investigate these crimes instead of just complaining about them, since most of us here are mere private citizens who have neither the authority nor the ability to do so.


Title: Re: Bitcoin scams
Post by: SEC agent on October 07, 2012, 05:58:46 AM
Yes, people get scammed with anything of value. Sane communities try to stop the scammers; this community actively promotes them and allows them to thrive.

Look at the disclaimer over the lending forum and tell me this forum doesn't promote scammers.


Title: Re: Bitcoin scams
Post by: Foxpup on October 07, 2012, 06:33:08 AM
Yes, people get scammed with anything of value. Sane communities try to stop the scammers; this community actively promotes them and allows them to thrive.

Look at the disclaimer over the lending forum and tell me this forum doesn't promote scammers.
It doesn't. Anything which can be proven to be a scam is deleted on sight (though this is rarely noticed as nobody except moderators can see deleted threads). Moderators do not (and should not) delete things which are "likely" to be a scam when there's no real proof, to avoid inadvertently ruining the reputation of honest borrowers. People are considered innocent until proven guilty.


Title: Re: Bitcoin scams
Post by: Hydrogen on October 07, 2012, 07:50:47 AM
Why shouldn't the forums (and bitcoin overall) be shut down? Why shouldn't a central authority be set up to tackle the frauds that are so endemic in this community?

Central authorities do little or nothing to eliminate real frauds.

Healthcare fraud in the United States amount to something like $100 billion a year.

If you added all fraud from government programs it would be much higher.

The collective fraud of central authorities is much worse than the fraud contained in bitcoin or other alt currencies which are still in their infancy.



Title: Re: Bitcoin scams
Post by: mufa23 on October 07, 2012, 07:56:42 AM
http://images.starcraftmazter.net/4chan/for_forums/0_out_of_10_troll.jpg

At least you got some people to reply, OP.


Title: Re: Bitcoin scams
Post by: yrtrnc on October 07, 2012, 08:05:26 AM
At least with Bitcoin you can see clearly when and where the theft has happened.

https://bitcointalk.org/index.php?topic=83794.0

Is this acceptable to the community? (To be clear, this is an incomplete list as far as I can tell)

How much money needs to be stolen before the community accepts that there is a problem?  Some of you get it, others still want to be part of the problem, apparently.


Title: Re: Bitcoin scams
Post by: jasinlee on October 07, 2012, 02:05:21 PM
Something the SEC Agent seems to have forgotten. The government agency he happens to work for is a  9-5 gig. You were posting at the asscrack of the night 12-3amish and would have had to been on EST. And they dont generally allow overtime. Unless your working off the clock in which case you risk losing your job.


Title: Re: Bitcoin scams
Post by: jasinlee on October 07, 2012, 02:21:48 PM
That was me, I was unloading my thoughts :P


Title: Re: Bitcoin scams
Post by: SEC agent on October 08, 2012, 09:49:31 PM
Quote
Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

The first line in the disclaimer shows how complicit the moderator's are in the criminal acts performed on this forum. The amount of mental gymnastics it takes to ignore this fact is, quite frankly, amazing.

In the eyes of the law, this makes them conspirators. Not to mention this forum could face penalties under the RICO act for protecting and promoting the criminals that fill the lending and securities forum.


Title: Re: Bitcoin scams
Post by: Hydrogen on October 08, 2012, 09:57:20 PM
Quote
Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

The first line in the disclaimer shows how complicit the moderator's are in the criminal acts performed on this forum. The amount of mental gymnastics it takes to ignore this fact is, quite frankly, amazing.

In the eyes of the law, this makes them conspirators. Not to mention this whole forum could face penalties under the RICO act for protecting and promoting the criminals that fill the lending and securities forum.

Shouldn't you be arresting the banks and ben bernanke for causing the economic meltdown of 2008?

When will glass-steagall be re-implemented?   :)

When will the criminals who repealed it be brought to justice? 

.


Title: Re: Bitcoin scams
Post by: jasinlee on October 09, 2012, 12:04:00 AM
Working late again I see.


Title: Re: Bitcoin scams
Post by: Bitcoin Oz on October 09, 2012, 06:06:54 AM
You can get scammed with bitcoin. The government prevents you seeking justice wild west style.  :)


Title: Re: Bitcoin scams
Post by: Foxpup on October 09, 2012, 09:38:12 AM
Quote
Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

The first line in the disclaimer shows how complicit the moderator's are in the criminal acts performed on this forum.
No it doesn't, for the reasons I already explained. It's not even a disclaimer in any case: where does it even say that anyone is disclaiming liability of anything? It's just a warning and a reminder that brain use is required. Normally such warnings would not be required, but since we're potentially dealing with the same people who apparently can't drink coffee without burning themselves and then suing everyone who didn't warn them that hot things can cause burns, it pays to play it safe and just include stupid warnings for stupid people.

In the eyes of the law, this makes them conspirators. Not to mention this forum could face penalties under the RICO act for protecting and promoting the criminals that fill the lending and securities forum.
Warning people about potential scams makes one a conspirator in the eyes of the law? What crazy law are you talking about here? And you've got a long way to go if you think that simply refusing to censor lawful communications based on unproven accusations of unlawfulness counts as racketeering.


Title: Re: Bitcoin scams
Post by: SEC agent on October 09, 2012, 02:29:57 PM
Now I'm starting to think you are being intentionally dense. The moderator's explicitly state in that disclaimer (you can call it what you want, but it is a disclaimer) that they do not remove scams from the forum (and "theymos" has reiterated that fact on multiple occasions).  That means they allow them to operate openly. That makes them conspirators in the eyes of the law. If I allow people to deal drugs out of my house, then I can be arrested too.


Title: Re: Bitcoin scams
Post by: jasinlee on October 09, 2012, 02:35:56 PM
So you work at the SEC prove it. Pics of your office building? Your office? Stationary?


Title: Re: Bitcoin scams
Post by: Richy_T on October 09, 2012, 02:51:43 PM
"Complaining on the internet" has for too long been subject to the highs and lows of the fascistic capitalist system. It is high time it was nationalized and I, for one, applaud sec agent's initiative.


Title: Re: Bitcoin scams
Post by: AwkwardSituation on October 09, 2012, 03:44:06 PM
Bitcoins are (currently) valuable, and newbies are gullible, so the two combine to make a lucrative environment to steal, scam, rip off, trick, conjole, and jack bitcoins from fools.

I think the bitcoin market uses the Darwin principal for moderating it's user base.  The fools lose coins, either leave, or get savvy.  In either case, it's not just btc that's all caltrops and punji stick traps.


Title: Re: Bitcoin scams
Post by: Beirdo on October 09, 2012, 06:49:19 PM
Quote
Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

The first line in the disclaimer shows how complicit the moderator's are in the criminal acts performed on this forum. The amount of mental gymnastics it takes to ignore this fact is, quite frankly, amazing.

In the eyes of the law, this makes them conspirators. Not to mention this forum could face penalties under the RICO act for protecting and promoting the criminals that fill the lending and securities forum.

Hardly.  First off, this forum isn't under USA jurisdiction, necessarily.  The site's domain is registered in Canada, and can you even prove where the server is located?  If not, you are talking out of yer butt.  A "central authority" for something that was designed to be decentralized and international intentionally... would require the cooperation of the entire community, and I'm pretty sure a large portion of it is not in the USA at all, neither the scammer, nor the victim.

And you are missing the blatantly obvious:  the moderators are not removing *likely* scams.  That says nothing about *known* scams, which others have already stated are ruthlessly removed.  And, if you truly are an SEC agent (which I doubt), you are partially to blame for the scams that are propagated on the US stock market and bond markets daily.  It is your job to root them out, and yet they happened.  So maybe you should face penalties under the RICO Act yourself.

Dangling US law over the heads of all is precisely why the desire and need for bitcoin came to be and is so strong.  We want our resources controlled by us, and to be able to take the risks WE are OK with taking, not to be told by Big Brother that we must go through their system, and have them scam us instead.

Please go back under your bridge, troll.


Title: Re: Bitcoin scams
Post by: fcmatt on October 09, 2012, 08:27:45 PM
Quote
Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

The first line in the disclaimer shows how complicit the moderator's are in the criminal acts performed on this forum. The amount of mental gymnastics it takes to ignore this fact is, quite frankly, amazing.

In the eyes of the law, this makes them conspirators. Not to mention this forum could face penalties under the RICO act for protecting and promoting the criminals that fill the lending and securities forum.

Hardly.  First off, this forum isn't under USA jurisdiction, necessarily.  The site's domain is registered in Canada, and can you even prove where the server is located?  If not, you are talking out of yer butt.  A "central authority" for something that was designed to be decentralized and international intentionally... would require the cooperation of the entire community, and I'm pretty sure a large portion of it is not in the USA at all, neither the scammer, nor the victim.

And you are missing the blatantly obvious:  the moderators are not removing *likely* scams.  That says nothing about *known* scams, which others have already stated are ruthlessly removed.  And, if you truly are an SEC agent (which I doubt), you are partially to blame for the scams that are propagated on the US stock market and bond markets daily.  It is your job to root them out, and yet they happened.  So maybe you should face penalties under the RICO Act yourself.

Dangling US law over the heads of all is precisely why the desire and need for bitcoin came to be and is so strong.  We want our resources controlled by us, and to be able to take the risks WE are OK with taking, not to be told by Big Brother that we must go through their system, and have them scam us instead.

Please go back under your bridge, troll.

a simple traceroute to the IP address that this domain resolves to shows that the server is sitting in Dallas, TX area....
so it is operating in the good old US of A.


Title: Re: Bitcoin scams
Post by: dieteralex on October 09, 2012, 08:31:06 PM
In my oppinion if you get scammed, its completely your own fault. i mean I'm very new to bitcoins, but isnt the first rule for trading with bitcoins to only interact with people you trust?
So this forum should build a web of trust, or rate offers, so that new users can tell if someone is trustworthy or not.
and please guys get it: he is NOT some kind of Agent :D


Title: Re: Bitcoin scams
Post by: Bitcoin Oz on October 09, 2012, 08:33:07 PM
The fact people belive that guy is an SEC agent is why there is a warning on the forum  :P


Title: Re: Bitcoin scams
Post by: Raoul Duke on October 09, 2012, 08:45:10 PM
The fact people belive that guy is an SEC agent is why there is a warning on the forum  :P

^^This... ::)


Title: Re: Bitcoin scams
Post by: JoelKatz on October 10, 2012, 12:16:18 AM
In my oppinion if you get scammed, its completely your own fault. i mean I'm very new to bitcoins, but isnt the first rule for trading with bitcoins to only interact with people you trust? So this forum should build a web of trust, or rate offers, so that new users can tell if someone is trustworthy or not.
That just doesn't work. I strongly suspect you actually don't believe it and are just trying to make some kind of rhetorical point. But if you honestly don't understand why, you are very, very new.

The problem is that there is no reliable way to tell who to trust, especially when dishonest people can create reams of shills. Also, scams like Ponzi schemes pay out reliably until the one day they collapse. So even a history of on-schedule generous payments verified by the most reliable people doesn't mean you can trust someone.

Also, while you certainly can blame the victim of a scam for falling for the scam, it's important to point out that this in no way reduces the blame that justly falls on the perpetrator of the scam.


Title: Re: Bitcoin scams
Post by: 22bones on October 10, 2012, 12:29:25 AM
Why are people even attempting to invest bitcoins anyway?  Isn't it a deflationary currency?  "Be your own bank?"

SEC Agent, your username itself is a bit of fakery.  Maybe we shouldn't allow disingenuous usernames on this board.


Title: Re: Bitcoin scams
Post by: dieteralex on October 10, 2012, 12:39:44 AM
In my oppinion if you get scammed, its completely your own fault. i mean I'm very new to bitcoins, but isnt the first rule for trading with bitcoins to only interact with people you trust? So this forum should build a web of trust, or rate offers, so that new users can tell if someone is trustworthy or not.
That just doesn't work. I strongly suspect you actually don't believe it and are just trying to make some kind of rhetorical point. But if you honestly don't understand why, you are very, very new.

The problem is that there is no reliable way to tell who to trust, especially when dishonest people can create reams of shills. Also, scams like Ponzi schemes pay out reliably until the one day they collapse. So even a history of on-schedule generous payments verified by the most reliable people doesn't mean you can trust someone.

Also, while you certainly can blame the victim of a scam for falling for the scam, it's important to point out that this in no way reduces the blame that justly falls on the perpetrator of the scam.


it actually is possible to create a web of trust( http://en.wikipedia.org/wiki/Web_of_trust) or just integrate a rating system as seen on ebay or amazon, which would create an at least much safer envoirement.
I as a Newbie to this community have no clue who of the people around here is trustworthy, i can just rely on my common sense and that definitly tells me not to invest my money in ponzi schemes or trade money with total strangers on devious conditions.


Title: Re: Bitcoin scams
Post by: Beirdo on October 10, 2012, 12:42:15 AM
Why are people even attempting to invest bitcoins anyway?  Isn't it a deflationary currency?  "Be your own bank?"

Isn't most of the deflationary part before the first halving?  I would expect, if anything, to see it become essentially inflationary against fiat currency increasingly as the supply of new BTC starts to slow.  Supply and demand and all that...  We are investing now on the expectation that they will be harder to come by, and thus their value increase over time.  Or at least that's what my brain says.


Title: Re: Bitcoin scams
Post by: nobbynobbynoob on October 10, 2012, 01:19:06 AM
Bitcoin isn't deflationary in the purest sense, since the supply will continue to rise slowly toward the BTC21 million cap, but in a relative sense, with (hopefully!) the BTC-trading economy expanding wildly and the rate of issue of new BTC slowing, one could call that deflationary, especially against fiat bankster paper that Bernanke and Co. are printing crazily.


Title: Re: Bitcoin scams
Post by: Beirdo on October 10, 2012, 01:55:28 AM
a simple traceroute to the IP address that this domain resolves to shows that the server is sitting in Dallas, TX area....
so it is operating in the good old US of A.

Yes, and if it became an issue, I'm sure it could be migrated in a matter of hours to a server somewhere else.  Somewhere out of the reach of this Big Brother, and into the reach of another.  Either way, there's no lasting jurisdiction, especially with the registrar being out of the USA.


Title: Re: Bitcoin scams
Post by: SEC agent on October 10, 2012, 10:29:42 PM
Keep thinking that the us governments reach doesn't exceed us soil.  Even if you ignore the fact that our government works very closely with government agencies in foreign countries, you still have to account for extradition laws. If the government wants you, they will get you eventually. You cant hide in Ecuador or some other non extradition country forever, even assange will be caught eventually and brought to justice. Criminals and the organizations that support them can only escape the governments reach for so long.

Welcome to global government.


Title: Re: Bitcoin scams
Post by: jasinlee on October 11, 2012, 02:29:33 AM
Welcome to global government.

And anyone that would use that statement would not have passed the psych evaluation that is required to get any sort of clearance within a government agency. Hello Puppet.


Title: Re: Bitcoin scams
Post by: Severian on October 11, 2012, 02:36:31 AM
Amount of suspicious activities here is just amazing. Complete unknown persons are allowed to freely post and attract visitors to their websites.

May I take this opportunity to point out the ASIC miner ad in your sig?


Title: Re: Bitcoin scams
Post by: Bitcoin Oz on October 11, 2012, 02:43:54 AM
a simple traceroute to the IP address that this domain resolves to shows that the server is sitting in Dallas, TX area....
so it is operating in the good old US of A.

Yes, and if it became an issue, I'm sure it could be migrated in a matter of hours to a server somewhere else.  Somewhere out of the reach of this Big Brother, and into the reach of another.  Either way, there's no lasting jurisdiction, especially with the registrar being out of the USA.

He already has people who listed securities based in the US. It doesnt matter where on earth he goes at this point.



Title: Re: Bitcoin scams
Post by: SEC agent on October 11, 2012, 02:50:02 AM
You are naive if you believe that governments don't routinely cooperate with each other.

Of course you are gullible enough to believe that this forum doesn't actively promote and protect criminals, so I'll throw you a bone.

Google "United Nations" and educate yourself. Hell, google "European Union" while your at it. Then come back and tell me that governments don't cooperate in a major way. Since we have a global economy (and since every nations politics affect politics on a global scale) the nations of the world are forced to work together to solve problems internationaly.

Are you really that unaware of the world around you?


Title: Re: Bitcoin scams
Post by: Bitcoin Oz on October 11, 2012, 02:54:58 AM
You are naive if you believe that governments don't cooperate with each other on a major scale.  

Of course you are gullible enough to believe that this forum doesn't actively promote and protect criminals, so I'll throw you a bone.

Google "United Nations" and educate yourself. Hell, google "European Union" while your at it. Then come back and tell me that governments don't cooperate. Since we have a global economy, the nations of the world are forced to work together to solve problems on an international scale.

Frankly, I am amazed you do not know that.


The united nations is run by tinpot third world dictators. See Mugabe for example.

Just because it exists does not mean people respect it and pointing bigger and bigger guns at people doesnt work in  the end.


Title: Re: Bitcoin scams
Post by: Richy_T on October 11, 2012, 03:18:53 AM
All Assange proves is that when it comes to someone moving against them, the government will move heaven and earth. When it comes to people acting against the general population, meh, they'll get around to it. Eventually. Maybe. Or give them a bailout.


Title: Re: Bitcoin scams
Post by: Foxpup on October 11, 2012, 06:56:07 AM
Keep thinking that the us governments reach doesn't exceed us soil.  Even if you ignore the fact that our government works very closely with government agencies in foreign countries, you still have to account for extradition laws. If the government wants you, they will get you eventually. You cant hide in Ecuador or some other non extradition country forever, even assange will be caught eventually and brought to justice. Criminals and the organizations that support them can only escape the governments reach for so long.

Welcome to global government.
You're a funny guy, "SEC agent". You know that?


Title: Re: Bitcoin scams
Post by: jimmyk83 on October 11, 2012, 08:23:28 AM
All Assange proves is that when it comes to someone moving against them, the government will move heaven and earth. When it comes to people acting against the general population, meh, they'll get around to it. Eventually. Maybe. Or give them a bailout.

Only took about 14 years to extradite some of the terror suspects from UK to US


Title: Re: Bitcoin scams
Post by: Severian on October 11, 2012, 11:57:26 AM
Is the guy selling them unknown person?

You are:

Quote
Complete unknown persons are allowed to freely post


Title: Re: Bitcoin scams
Post by: Severian on October 11, 2012, 01:33:19 PM
Am I advertising my own website?

I have no idea. You're an unknown person.


Title: Re: Bitcoin scams
Post by: Ghostofkobra on October 11, 2012, 01:38:42 PM
I think OP should think twice before impersonating a governmnet official... (even if its not worded right you know what i mean)

It is an offense in more or less all countries.

So <OP> stay away from this forum and you will reduce the illegalness of this forum.


/GoK


Title: Re: Bitcoin scams
Post by: JoelKatz on October 11, 2012, 02:12:15 PM
I think OP should think twice before impersonating a governmnet official... (even if its not worded right you know what i mean)

It is an offense in more or less all countries.

So <OP> stay away from this forum and you will reduce the illegalness of this forum.
At least in the United States, the law is probably that there must be some kind of fraud or "speech integral to criminal conduct" involved for it to be illegal. See United States v. Alvarez. http://www.supremecourt.gov/opinions/11pdf/11-210d4e9.pdf

Quote
Content-based restrictions on speech have been permitted only for a few historic categories of speech,including incitement, obscenity, defamation, speech integral to criminal conduct, so-called “fighting words,” child pornography, fraud, true threats, and speech presenting some grave and imminent threat the Government has the power to prevent.

Absent from these few categories is any general exception for false statements. The Government argues that cases such as Hustler Magazine, Inc., v. Falwell, 485 U. S. 46, 52, support its claim that false statements have no value and hence no First Amendment pro-tection. But all the Government’s quotations derive from cases discussing defamation, fraud, or some other legally cognizable harm associated with a false statement. In those decisions the falsity of the speech at issue was not irrelevant to the Court’s analysis, but neither was it determinative. These prior decisions have not confronted a measure, like the Stolen Valor Act, that targets falsity and nothing more.

Even when considering some instances of defamation or fraud, the Court has instructed that falsity alone may not suffice to bring the speech outside the First Amendment;the statement must be a know-ing and reckless falsehood. See New York Times v. Sullivan, 376 U. S. 254, 280. Here, the Government seeks to convert a rule that limits liability even in defamation cases where the law permits recovery for tortious wrongs into a rule that expands liability in a dif-ferent, far greater realm of discourse and expression. The Government’s three examples of false-speech regulation that courts generally have found permissible do not establish a principle that all proscriptions offalse statements are exempt from rigorous First Amendment scrutiny. The criminal prohibition of a false statement made to Government officials in communications concern-ing official matters, 18 U. S. C. §1001, does not lead to the broader proposition that false statements are unprotected when made to any person, at any time, in any context. As for perjury statutes, perjured statements lack First Amendment protection not simply because they are false, but because perjury undermines the function and province of the law and threatens the integrity of judgments. Finally, there are statutes that prohibitfalsely representing that one is speaking on behalf of the Government, or prohibit impersonating a Government officer. These examples, to the extent that they implicate fraud or speech integral to criminal conduct, are inapplicable here.

While this case was about falsely claiming to have received military honors, the principles would seem to be the same with falsely claiming to be a government employee -- mere falsity is not enough.


Title: Re: Bitcoin scams
Post by: johnniewalker on November 12, 2012, 07:46:47 AM
There's ALWAYS going to be people trying to make money. And often this involves manipulating another person. Even the loan-giver is potentially manipulating the loan recipient if interest percentage is outrageous and an unreasonable amount of time is given to pay the loan back. On the other hand, there might be someone who wants a loan, and has no intention of paying it back.
Its sad that this kind of thing has to be monitored. What difference is there giving a loan to someone with no kind of collateral/back up and flushing it down the toilet? The faith of some guy on the internet? That faith should ALWAYS equal zero.
Its unfortunate people lose money this way, but maybe it will help them gain some common sense! I would NEVER loan money (probably even to people I know) without some sort of collateral. Thats the way it goes-thats the NATURE of a loan.
Common Sense.


Title: Re: Bitcoin scams
Post by: Rudd-O on November 12, 2012, 12:00:31 PM
Welcome to global government.

And anyone that would use that statement would not have passed the psych evaluation that is required to get any sort of clearance within a government agency. Hello Puppet.

That is exactly what I thought.  :-)

OP = https://i.imgur.com/OWh7r.png


Title: Re: Bitcoin scams
Post by: josephliton on December 17, 2012, 05:32:37 AM
The decentralization of the bitcoin can be cause of this problem.


Title: Re: Bitcoin scams
Post by: morde_glbse on December 17, 2012, 08:42:24 AM
I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.

So, why do you think scams are operated so freely here?

Keep reading and you will see how the administrators/moderators of this forum are profiting from many of the scams.


Title: Re: Bitcoin scams
Post by: Scrat Acorns on December 17, 2012, 01:14:01 PM
Welcome to Bitcointalk.
Where men are women,
women are men,
and 14 year olds are SEC agents.


Title: Re: Bitcoin scams
Post by: Razick on December 17, 2012, 01:32:10 PM
1) You're not an SEC agent.

2) People are responsible for their own money, it's their job to ensure they aren't scammed.

3) While the scammers should be prosecuted, and moderated in this forum, it's not Bitcoin's fault.

4) If there was a central authority, say like the Federal Reserve, they would counterfeit money just like they do with the Dollar: Stealing 5% or so per year!

5) Bitcoin != Federal Reserve Note, if (BTC == fiat) { money -= inflation; }

Now, I suggest you stop impersonating government officials. They don't like that (and rightfully so!).


Title: Re: Bitcoin scams
Post by: jamesgarfield on May 15, 2013, 12:52:40 AM
I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.
What, every one? Look harder.

So, why do you think scams are operated so freely here? Lack of moderation on the forum? A community to greedy to care? Is it just the anonymity and the (until recently) lack of punishment and law enforcement?
If you look past the obvious answers, you'll see one that's even more obvious. Specifically, there are scams everywhere. These forums actually have relatively few scams, at least when compared to the rest of the Internet, or even just my spam folder.

Why shouldn't the forums (and bitcoin overall) be shut down?
Go shut down the U.S. Dollar. It's involved in far larger and far more numerous scams and illegal transactions than Bitcoin ever has.

Why shouldn't a central authority be set up to tackle the frauds that are so endemic in this community?
We already have one. It was established long ago as a government agency, a commission if you will, in charge of regulating the exchange of things like securities and other investments. I just can't remember what it's called. The Commission of Exchange of Securities? No, that's not it... Oh wait, I remember now, it's called the Securities and Exchange Commission. You may have heard of it. Why aren't they doing something about all this?

I agre with most of what you said here. Its kind of scary how Many scams there are around this forum :/


Title: Re: Bitcoin scams
Post by: acne on May 15, 2013, 01:20:22 AM
Wow this sucks..


Title: Re: Bitcoin scams
Post by: muyuu on May 15, 2013, 07:47:50 AM

 ;D I had missed this.