Bitcoin Forum

I have lost twice , not because I'm greedy but because he closes the round whenever he wants to. So... once 4-5hours, once about 10mintues till payout ; PAID - 0 times. + the "great" attitude , I think he doesn't deserve any investment since he could stop ,as we have witnessed ,  anytime he wants to! I don't think this is  fair for the investors, who btw invest REAL MONEY into this as*hole's program and he just plays with us...not cool , man! Not cool!

https://www.dropbox.com/s/29c55wd20l4ymim/flexybit%20personal%20message.png?dl=0

P.S. : If you cannot open the picture, here is what he told me in a personal message:
"If you would not be that greedy as you are, you would have deposited for just 25/30 hours, and would have been paid several times already. We have paid more than 90 btc so far. So there is absolutely no reason to blame me for your loss of round one. You knew the rules and you have made wrong calculations and have lost. So it is your fault only, not mine, not anyone else!

But you can blame me for your loss in round two. because fuck you. You are insulting us for taking your coins, which we did not have taken, while we are working our ass of to solve the problem.

PS: You are banned...

Sincerely yours,

sucker, but not as deep as you are Wink"

:o

how much offense

robs you and yet you insult?

if it sets here in the forum will surely tell their version

Youre too greedy man!
If you dont invest in round 2 i assumr youre happy now.
Its not your fault in round 1 its just youre late.
Its youre fault on round 2 because you read that they cant pay round 1 but still you play ;)

Man are you kidding? They suddenly decided to close it just like that. Yeah yeah I know , we are in the investor based section, but still... they were performing a refund , so it looked like they were on the right way to stay online and payout for at least a couple of days more. But as I assume that they didn't refund me ANYTHING at all, I  think there could be a something personal here. Of course I cannot  be sure, but still this is a BIG BIG WARNING for everyone..
And btw it is always our fault when we invest in this kind of sites, but in this particular case..he is just a miserable poor man, who looked like a real one, but naaaaaah

WTF you mean the site offline now?
Goodbye coins for us, And yes im a greedy too
i shouldnt have invested my 0.03 Profit.
but i still trust his honesty tho
Well thats how PONZI go.
Goodluck for us in his new program.

Theyre still offline, probably collecting more coins.
All that deposit in there now are being scammed.
they dont know it yet

Guys, flexybit is a declared ponzi so at some point it's natural that new deposits become insufficient to cover payouts...but I would not call this a scam, if there is no balance you can't be paid! And this is what has happened in round 1 ::)
A scam is when the admin shuts down the website with no reason just to steal your money

For now the website is online, the admin continues to write in the forum...so he has not scammed anyone
Ok, there is a problem with payouts but I think the problem will be solved in the next day...if not I'm ready to change my opinion  ;D
But it's not over yet  ;)

what do you mean be "not scammed anyone" ? I already told you that he didn't pay me  twice. There are some people that didn't get paid too for sure. I don't know what you need to confirm that he is a scammer :D

He didnt pay you because no one else is giving deposit to admin. its a PONZI dont you understand.

Yes but the "round" this screws us all, don't you get it? It is a ponzi, ok, but there should be no round, otherwise as we can see he closes the current round whenever he gets money. Then he starts another pays to some investors and allures a lot more and then OOPS! he closes the next round and so on ...

If you invested in the last days of round 1 you didn't get paid but only because there was no balance left...if payouts are bigger then new deposits the ponzi collapses, it's the nature of such schemes...  :-[

Now there is another issue and I can't be sure that the admin will solve it...but I will scream scam only if this will happen  ;)
For now I'm waiting...with hope  ;D

and what is the issue this time? The admin probably needs some diapers for his kid. Please...

I don't discuss right now about scam
but probably too many unspent outputs coz micro-transactions.
That's reason why Im don't use micro-transaction.

Reference here:
https://bitcointalk.org/index.php?topic=1044399.0

#1 Fees and dusty inputs

The most common problem when using faucets is the small payment. Every time you receive a bitcoin payment to your wallet you have a new input to spend at a later date. Think of this like a lump of bitcoin you can use later. When you later want to use these lumps of bitcoin they need space as part of the transaction your wallet creates for you. This is usually 180 bytes per input. A bigger (in terms of byte) transaction will need more fees in order to be confirmed in a reasonable amount of time. Each block offers only a limited amount of space (currently 1 MB) and if you need a big chunk of the space a big chunk of your available funds will be used as fee for the miners. Faucets try to counter this by creating payout limits, but they are often set very small. A reasonable fee for a transaction with less than 1000 byte in size is 10,000 Satoshi. If the payout limit is 100,000 Satoshi and you try to spend this input, you will have to spend 10% on fees. If you want an example how bad this can end, I helped someone recover from this a while back, in numbers:
~0.5 BTC from faucets, collected over ~2 years, ~2000 inputs, ~350,000 bytes, ~0.09 BTC in fees.


So.... you have to wait.

Regards.

He didnt get anymoney in first round its in the news, and you do the math.
Anyway in the end he still scams us

wanna bet if he got some btc? Because I'm pretty sure he is + very much ! anyway the truth is that he will be soon forgotten

FlexyBit most likely makes use of the following BlockTrail's API function:


(raw code directly taken from SDK source code which I use to work on)

I definitely doubt it.

OK.
That's fine. I'm told probably coz common problem :)

P.S.
Mine is C from old school but C++ also good. :)
Yeah, where is good old DOS and UNIX'es Years ...
Regards.

I will say it ponzi dude. after the balance stack the owner should reset it for still alive.
this is game

If that info given for me dude :) I have some knowledge what ponzi is.

Anyway thank you.

Regards.

Yeah I know because I got your adopted logic tied to the transactions structure.

PS: I'm C/C++ oldschool developer too since ages  ;D

I'm feeling good coz I know what You are saying about. :)

Regards.

im in profit with flexybit and stop investing there, im sure they will scam soon, but at least im not greedy.. in profit when 1st round of them :D
sorry for your loss. good luck next time.

Again I think people need to think of these programs as mere games and not legit investment vehicles.  If you do you will get burned.

yes i agreed this is not legit investment, but i dont agreed this investment thing is games. lol
games are games, this kind investment involve with money.. more greedy investor will lose alot of money..

Investing in random topics here is just like waiting to let your coins to be stolen, just see when only.
Everyone knew it, but all are greedy and want to try their luck.
When they got scammed, they come crying and whining about it

I would say just stop wasting time and $ here, even if u can 'earn' some of it, u are just earning some1 else money.
And you are sweating and praying hard the project will last longer, worried this and that, not much meaning in such shts.

My friend say he recieved refunds. Its not over. I am patiently waiting for my payouts. Hope they fix the problem asap To avoid panic

Yeah so its a game with money also known as gambling.  That is what I consider ALL of these programs, not one of them is legitimate I dont care what the admin says, they are ALL ponzi schemes, nothing else ever.

He probably did but the issue is that he can end the "round" whenever he wants.  My understanding is that he was refunding users money in order to gain their trust and get them to deposit again which happened with a lot of people and now he just ended the round screwing those people over big time.

HEY FLEXYBİT ADMİN??? YOUR MOTHER FUCKS. MY İNVEST 148 HOURS WAİT AND NOT PAY.  YOUR MOTHER FUCKS..

SİTE %100000000 SCAM. NOT İNVEST.

i feel you man  :( :( :D

transactions of investors is very large. I think flexibits do not want to lose. so he reset the site.
different if he used 210 hours for investment

Admin not pay. I am sory.

in the game, a win-lose.

so in conclusion I+some others lost here because of our greediness ?!? Interesting how nobody said that when supermoney invested a lot of btc there ( nothing personal, man!) , but yeah sure we are greedy :D

Hell yeah I'm supergreedy aswell, I never hide this fact  ;D
However I have adopted a different psychological strategy from you (as well as mathematics), no need to mention it but someone here already understood it. Returning to our discussion we are all greedy bastards starting with the guy who first joins the program/s, that's how the greediness begins on HYIPs and then ends with collapse/scam.

Your defect is that you take HYIPs as a game at the beginning, sometimes with big sums too, and then when they scam you take this too seriously and personally. It's not consistent.
If you wanna earn out of them you must study the project, you must study the game, you must study the possible risks of loss/scam... Just like being a real work.
The way most of you "plays" looks me to be tied to luck only, there really is little strategy and mathematics from your side.

I see they refund 0.5 % for who invest more than 0.5 btc right. but i know its not resolve the problem

yeah, that was my point :D I've done this strategy for some programs but...I need to have more btc if I want to earn from the shortest plan. And I admire you for having the balls to risk so much money! ( I wouldn't :D )

Being a risk taker like me makes you feel the adrenaline inside you, and the climax is when you finally win the game  ;D

I agree with you


in the world of hyips many lose but also many earn, the reason for this is in the right strategy.

for example

in hyps sites you should not invest if the site has more than 5 days old.

so why the admin of hyip sites pay within 5 days but after that some members pay only

the matrix of websites strategy you should adopt should be another

in ponzi sites also have different strategy

and site double the strategy should also be different

of PTC sites has its own strategy

ie you should observe how each niche works and you use the appropriate strategy

https://bitcointalk.org/index.php?topic=1368018.new#new

youre an assholes flexybit!just go away from this forum..go die motherfucka >:(

ha-ha  :D

So Flexybit is an interesting case.

They did the exact same as Honest Doubler did back last October. Basically using their rules for being able to shut down whenever they want.

Now, trust me, Flexybit is obviously lying about how all the hosting has changed and what ever other excuses they gave, but you can stomp and yell all you'd like, giving flexybit death threats, but they actually have ALL the rights to do this.

I am sorry if I sound logical but it never says "we won't scam" in their rules. It says that you could lose all your funds and that this was gambling. And, in a sense, it was. So there's NO point in everyone telling the admin the horrible things some people have said.

Did Flexybit actually run out of funds? Hell no! They have funds coming in every other minute - I watched it live! There was no reason to shut down "round 1". And if they hadn't shut down round 1, and actually did run out of some funds, a small group of people would've lost compared to everyone. They just used that as a way to give refunds to prove their identity - to prove they were legit. And they got some of the biggest deposits in "round 2" which made their inner greed shine.

So point is that Flexybit is as much as scammer as the next. However, unlike most others, they NEVER promised to pay you all your money! You decided to put your money there and they said in the rules that you aren't guaranteed to win. Stop giving the admin death threats, learn from this and move on. As with ANY ponzi, it's not the admin's fault you lost - it's your own damn fault!

Sort of both - really I have no place to be other than speculating. Either you're telling the truth or not I'll never know.

What really pisses me off is watching lame ass greedy people posting how they hope you're going to die and all these other horrific things. They need to look on the bright side - this was the longest running ponzi that doubled very quickly. Flexybit has also given tons of free btc.

People are just too greedy to understand how the world works. Did I lose btc in Flexybit round 1? Yeah but I'm not bitching and moaning about it. I read the rules, and invested what I could afford to lose. Did I want to lose, no, but I acknowledge that I was stupid enough to deposit in the first place.

And here's the thing: another doubler will startup tomorrow and will scam people. We never learn how to invest. We're all too greedy.

I'm not happy that I lost money on Flexybit but I'll move on and, as always, learn from this. Flexybit is just another doubler to put in the history books that we'll soon be able to remember.

Meanwhile, if you put your life savings into Flexybit and lost them, read the rules, it's your own damn fault!

the prime days has gone on round 1 and people think it will eventually turned scam and it collapse. Round 2 refunded high rollers and affiliates to gain trust. ::)  I deposited knowing that the site will stand for two weeks :'( but i was wrong :D i lose.

Stop whinning and move on, we are all allowed to say "Fuck you flexy i lose"  :D

Move on man. Forget it already. It's a ponzi site and we all know here how ponzi will eventually ends up. I'm sorry for the loss but I believe these ponzis will never be honest.

Ponzi, people why do we keep falling for this stuff. Just leave ponzis alone. Remember if it seems too good to be true, it is.

To believe in doubler or whatever too good to be true sht, is like you believe you can find fresh air in a dirty sewage.
When you win, keep quiet and smile, once site goes scam, u cry and whine as if you don't know this will happen.
At the end I believe most of you lose more than win, just wasting your own time and $.
If you are lucky maybe u win a bit, at the expense of others.

Dude, you've got to let it go. Badly. Do you think I am happy, at all, with the fact that Flexybit closed unexpectedly? Of course I am not! But what I am TRYING to articulate here is the simple reality. Here are the facts:

1) We'll never know what really happened. Whether the admin is lying or not is totally up for speculation and we can each come up with our own personal opinions as to what happened. Personally I think the admin knew that if he had kept it around longer then there still would've been high deposits. Plus he could've capped the maximum deposit making it easier to pay so called "high rollers" while sustaining the system. Problem is he didn't. I see all facts pointing to a scam but how will you or I ever know? It's impossible. Maybe the admin is telling the truth, maybe he isn't.

2) You chose to deposit. I really want to emphasize this point. Remember, never invest what you cannot afford to lose. Only invest extra funds you feel comfortable with losing. If you lose them, you should be able to feel fine about it.

3) Even if the admin scammed, he's TECHNICALLY not doing anything wrong. I never said it was a good thing! But you need to open your eyes, and read the FAQ and terms and conditions, then you'd know what I mean. When you access his site and deposit you are agreeing to ALL things written on the FAQ and TOS. And guess what, it doesn't matter how you feel about it. If you didn't like the TOS or FAQ you never had to deposit. You could've gone elsewhere. That's the big point here. It said in the FAQ you could've lost all your money and they weren't responsible for your losses.

These agreements (FAQ and TOS) cover their asses in situations such as these. From a legal point of view, you CANNOT say that they did anything wrong because they followed all the rules. Now, from a moral point of view, yes, they did something wrong. If they were morally responsible they would have never closed round 1 - or would've refunded round 1 100% and continually paid out round 2. But they chose to go all "legal and capitalist" on us, and while it may not be nice they're still following the rules.

Let me emphasize the fact that I am NOT defending Flexybit - or any scammer for that matter. I am simply saying they had an agreement that YOU agreed to when accessing the site and you need to follow those rules otherwise something bad will happen. For a site like ore-mine.org which shut down a while ago stealing all funds, they never said deposit what you can afford to lose. They just said deposit and get free cash. They went against the law; against their own TOS. That is BOTH legally and morally wrong! But what Flexybit did is NOT legally wrong. Just morally and ethically wrong.

I understand you're mad but there's nothing you can do. STOP SENDING HIM DEATH THREATS. It does NOT get us anywhere. In fact, you're going against the law and being wrong morally when sending death threats which is worse than what Flexybit did. You're in the wrong too. Stop acting like a child with your money, learn how to invest and move on when shit like this happens. Guess what - the world does not spin in your direction as you may wish.

You guys are. Not only that, you're a scammer too. The reason? You know the site is a scam, as it uses previous deposits to pay yours, hence you know the person after you would be screwed and yet you still deposit. Now, since you're aiding a scam, you can't really complain. Suck up your losses and move on since you've realized(i hope) that all these are scams.

Thank you! Every ponzi is a scam - it's very simple. Not rocket science.

If you want to invest in ponzis, then you must do so wisely. I only invest a portion of my funds that I will never use. That means, as an example, a $20 bill that's laying around will be used for depositing. I don't care if I lose that.

But you also learn from these losses and become a better investor in the real world of business making decisions. You'll have a better sense of reality.

I don't necessarily agree with you, however, that we're all scammers by investing. When we invest, we're agreeing to a game that is supposedly going to double our money - so we're all agreeing to the potential of losing our funds. Therefore no one is scamming anyone - you just get lucky. You become a worse person if you take the loss in a negative way. That's why all the people sending death threats need to reanalyze all the bad things they've ever done and need to find some common ground before becoming so hypocritical.

Well i put it that way as a point to open up his mentality to think out of the box. Wasnt necessarily meaning it that everyone's a part of the scam.

flexybit was just a smooth talking operator.... the "only honest mutiplier".... lol.... oh, the "game" has collapsed, no worries we will do round 2.... (and keep your cash..)...but guess what we will refund you 20pence so you think we are honest.... and start round two.... oh, we are being attacked by hackers so we cant pay you out, but what we will do it if you give us more money whilst we are not paying out we will give you a better rate.... lol.... see honesty is the best policy lol oh my, this round has collapsed and we havent paid anyone (yay for us) as our webhost says we are scammers..... classic scam by a smooth talking operator.

Hey admin 36 hours wait? Your web site deleted.

http://i.hizliresim.com/L1Jojj.png

Well I already warned on their thread not to invest during the saturation period.
I had invested a few satoshis at the very beginning of its launch and got some for free during their giveaway period. That way I could get some profit though not much but I stopped investing after that when I suddenly noticed their FAQ page saying that they are not responsible for any loses. From that time onward I marked it scam.

Next time always try to suppress your greed and even if you cannot then try investing at the very early phase with 1 satoshi.


You sound as if you are feeling proud to be a scammer.
Good luck now. Karma will surely teach you a big lesson exactly like you did to the investors. ;)

see it


https://bitcointalk.org/index.php?topic=1303614.820

R.I.P Flexybit

Did he just really say it is needed to report your winnings to show others it is useless to gamble after you unless you throw in some big coin?  ;D ;D ;D
So why didn't he care to report himself?
That is too funny...

wow what the hell has happened here :D I only meant to warn people who wanted to invest there... @JavaLove and some others that keep repeating in every of their comments that "It is your damn fault! All these sites are scam" - are you okay , guys? I mean we all already know that . Of course they are all scam , but since we could profit if not from each, at least from some of them, why shouldn't we risk? I think you need  to stop with your bullsh*t because it looks ridiculous. I started this thread because flexy was gonna get more people and more money and I wanted people to be aware of the situation that flexybit is ALREADY a scam and they cannot profit from it. It is not so hard to understand it. Now please don't reply me with "But it was ONLY you DAAAAAAAAAAMN FAAAAAAAAAAULT" or "All these sites scream SCAAAAAAAAM" or something like that.

I never said ALL the sites are scams, although they ALL end out being a scam in the end. Read my post, that was not what I was trying to articulate.

I actually commend you for starting this thread. Everyone needs to know Flexybit has turned into a scam and there is no reason as to why YOU shouldn't have created this thread. Hence, I wasn't directing all my comments at you.

I was directing my comments at the people, like "browndog785" (READ MY PREVIOUS QUOTES), who were giving death threats to the admin because they lost their earnings. Freaking out like that is inappropriate and stupid. That's where I say it's your own damn fault.

Seriously, it's fine if you're typing normally using proper English warning others of Flexybit and other scams. It gets bad when you're going all "rainbow unicorn" with the colours, all caps and sending death threats. You're just spamming the thread, being illogical and not thinking.

Please read the damn quotes next time before calling out all of our "bullshit". It'll make a lot more sense when you put a little thought into it.

supermoney is right. No need to get into it (even more :D ) . I'll just try to warn people on time, whenever I can , so less people will get scammed.  Of course every site eventually turns into scam and of course that it is one's fault to get scammed (assuming everyone decides for theirselves), but as soon as we help each other, we could profit from these sites.

flexybit is now offline,goodbye for our coins.
i guess their planning of a new name now  :P

yeah because they could not continue with the same name, their sites are no longer trusted by others,

I actually don't get why you are all complaining, the site lasted very long lol You could have easily turned a massive profit had you invested even somewhat late.  All ponzis will collapse, it is gambling you win or lose, I don't think the dev actually ran with the money I think the ponzi just collapsed, big difference.

Well, as previously mentioned, that is totally up for debate.

Of course all ponzis fail and collapse in the end, but depending on the admin's willingness to continue, it can last for a long time. The thing with Flexybit is that it was the exact same thing as Honest Doubler, if you remember that. It had constant new deposits coming in and really there was no reason to shut down round 1. Even if round 1 shut down, why did #2? It had by far the largest deposits.

Again, totally up for debate. The main lesson here is GET IN QUICKLY. After that never invest in the same site again, you'll be thankful in the end.