Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Jimmy_Zed on October 08, 2014, 12:35:34 PM



Title: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 08, 2014, 12:35:34 PM
This coin sold out at a record time during the ICO - it took only a few hours to raise 320 BTC. This was an unprecedented event in the history of alts. The reason for this is because bobsurplus and his worshipers started buying at the same time - according to the plan they devised.

BitSwift is not even a shitcoin, it is nothing but air. All you have is a fancy website, a nice ANN page and plenty of promises and roadmaps.

These people graduated from pumping and dumping other people's coins to creating their own coin and buying at ICO price, creating a hype and then dumping on the unsuspecting people.

They have paid one of those ninja launch groups a few BTC to "create" a coin for them - this is confirmed and it is coming straight from bob's group. Insider information. A lot of rats in your cult bob.

Mark my words - this coin will be dead in less than a week, after the pumpers attempt to reach their goal which is a 100 K - megalomaniacal stuff and they will probably try to get out much sooner, especially now that the word is out.

I am warning you people to get out of this before you get burned like you never did before.

Do not trust my words. Do your own research, and think for yourselves: is BitSwift the best thing since bread came sliced or is it a premeditated scam by a known and very public pump and dump group?

Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: kcanup on October 08, 2014, 12:37:19 PM
OH GWAD  :o


Title: Re: WARNING: BitSwift is a SCAM
Post by: r1d1 on October 08, 2014, 12:38:05 PM
Same thoughts, I immediately brought it to the list of fakes.


Title: Re: WARNING: BitSwift is a SCAM
Post by: Burninj on October 08, 2014, 12:38:28 PM
And? what's your point? You just have to exit before the dumpers that's all, don't be to greedy and everything should be fine...


Title: Re: WARNING: BitSwift is a SCAM
Post by: kcanup on October 08, 2014, 12:40:19 PM
And? what's your point? You just have to exit before the dumpers that's all, don't be to greedy and everything should be fine...
That doesnt make scam legit


Title: Re: WARNING: BitSwift is a SCAM
Post by: Normandoyle on October 08, 2014, 12:50:57 PM
Taylor Swift is better


Title: Re: WARNING: BitSwift is a SCAM
Post by: Burninj on October 08, 2014, 12:51:08 PM
And? what's your point? You just have to exit before the dumpers that's all, don't be to greedy and everything should be fine...
That doesnt make scam legit

The only real scam I know of are ccex icos...


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 08, 2014, 12:52:31 PM
And? what's your point? You just have to exit before the dumpers that's all, don't be to greedy and everything should be fine...
That doesnt make scam legit

In his twisted mind he has already justified it, by simplifying it and thus making it legitimate.


Title: Re: WARNING: BitSwift is a SCAM
Post by: sgk on October 08, 2014, 12:58:17 PM
Good thing I missed the ICO :D


Title: Re: WARNING: BitSwift is a SCAM
Post by: Burninj on October 08, 2014, 01:04:19 PM
And? what's your point? You just have to exit before the dumpers that's all, don't be to greedy and everything should be fine...
That doesnt make scam legit

In his twisted mind he has already justified it, by simplifying it and thus making it legitimate.

Hey man that's not my fault if people keeps buying empty promises...


Title: Re: WARNING: BitSwift is a SCAM
Post by: r1d1 on October 08, 2014, 01:04:58 PM
I found my old message from the pre-ann BitSwift thread ;D

Some suspicious persons rubs in the thread.  ???


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 08, 2014, 01:23:32 PM
I found my old message from the pre-ann BitSwift thread ;D

Some suspicious persons rubs in the thread.  ???

Pre-ann thread is very revealing. Freshly created accounts praising the coin to high heaven. It is the same MO all over again. Getting very predictable.

Jimmy Zed



Title: Re: WARNING: BitSwift is a SCAM
Post by: illodin on October 08, 2014, 01:29:29 PM
Jimmy_Zed, thank you for this. I hope you will stay vigilant in the future as well and report immediately any other scams you might become aware of.


Title: Re: WARNING: BitSwift is a SCAM
Post by: PhattyBanks on October 08, 2014, 01:33:56 PM
removed buy orders thanks


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 08, 2014, 01:36:02 PM
Jimmy_Zed, thank you for this. I hope you will stay vigilant in the future as well and report immediately any other scams you might become aware of.


You are welcome.

I wish I could have released this information earlier - but I had to be 100% certain.

Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: Dexter12 on October 08, 2014, 01:46:37 PM
And Bittrex is again involved in it... ::)


Title: Re: WARNING: BitSwift is a SCAM
Post by: garmin on October 08, 2014, 01:56:15 PM
And Bittrex is again involved in it... ::)

the usual suspects  :D


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 08, 2014, 02:20:21 PM
And Bittrex is again involved in it... ::)

And who is the one that launched the most vocal campaign to boycott MintPal?

Below is a tweet from bobsurplus twitter account. His twitter account is appropriately named CoinFlipper @EMC2Whale: https://twitter.com/emc2whale

CoinFlipper @EMC2Whale  ·  Oct 6
WOW. @MintPalExchange is the new #MtGox! Be prepaired for heavy losses!
You have all been warned.
#btc #xst 3ltc #doge #bitcoin $swift #btcd


Title: Re: WARNING: BitSwift is a SCAM
Post by: awais3344_1 on October 08, 2014, 02:28:34 PM
And Bittrex is again involved in it... ::)

the usual suspects  :D

the usual suspects. My Goodness! I never thought of this. lol


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 08, 2014, 02:55:54 PM
The official BitSwift thread is crowded with the same people who are known associates of the coinflipper aka bob. Anyone who is in anyway critical of their coin is attacked by a dozen nicknames - which all have the same MO, they even use the same jargon. This only verifies that what I am saying is correct.

I have said enough, and I have no intention to get down to the level of these minions.

In the coming days most people will become aware, some will be in denial and a minority that bought in at current levels will be teased and laughed at by the dear leader and his servants.

Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: awais3344_1 on October 08, 2014, 03:00:53 PM
The official BitSwift thread is crowded with the same people who are known associates of the coinflipper aka bob. Anyone who is in anyway critical of their coin is attacked by a dozen nicknames - which all have the same MO, they even use the same jargon. This only verifies that what I am saying is correct.

I have said enough, and I have no intention to get down to the level of these minions.

In the coming days most people will become aware, some will be in denial and a minority that bought in at current levels will be teased and laughed at by the dear leader and his servants.

Jimmy Zed

I did not want this to happen. However they said I am working for you. Because they're working for someone. Makes them think everyone is working for someone. Funniest part is. Where they said I joined your group by having 30 to 50 btc LOL  ;D


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 08, 2014, 03:04:33 PM
I did not want this to happen. However they said I am working for you. Because they're working for someone. Makes them think everyone is working for someone. Funniest part is. Where they said I joined your group by having 30 to 50 btc LOL  ;D

They quite literally admitted that they are working for someone. Their reaction and behaviour in the bitswift thread is very revealing.

Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 10, 2014, 04:52:18 AM
It seems that people have opened their eyes since my OP 2 days ago. This is reflected in the price and the volume of BitSwift. A number of people who bought in late are still in denial and are expecting to see 100 K , one of these days. Well, Bob is in Amsterdam (he admited that he is on vacation in a couple of recent posts, and we know the exact location) - he is spending your money on cheap whores and nasty weed. It is not a good feeling to be taken for a ride, I've been there myself, and it took me a while to realize what is going on.

The dice are loaded - we knew that a for quite some time, however what they have done this time, is much more then simply pumping and dumping a coin. Bobsurplus and his servants have created and elaborate scam, which would be classified as a felony fraud in most of the US states and Canada.

Yes there are several pump and dump groups out there - some are outright public and attention seeking, some prefer to keep low profile and stay behind the curtain. I am not hiding the fact that I am a member of an anonymous P&D group , which operates on a much lower scale, and its actions are almost completely harmless (we just pick a few btc here and there, that is all) than what these people are doing, especially now since they have raised the odds. And some of you might argue that I have written these posts in order to gain something from it. That is not the case, the reason was two fold:

- I genuinely wanted people to be aware of the magnitude of the scam
- I have a profound loathing for what the "Dear Leader" and his servants are doing to the alternative crypto world

I was and still am a genuine believer in the philosophy behind it, but under the current conditions, there is nothing left of it, we only have scam after scam - and they are getting more bigger and more elaborate.

Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 10, 2014, 05:01:39 AM
Another monero frontman/clone account. Yes the moderates are doing their job.

Don't you people see what they are trying to do ?

You are just parroting the mantra of surplus group. They are attacking monero. I do not have anything against monero - and I certainly do not own any. I don't have a dog in this race.

The onslaught of comments on the bitswift thread was pretty much the same - dozens of accounts repeating the same mantra : that me and other people who I do not know and who are seriously concerned, are posting this in order to get the bitswift price down a bit so we can get in cheap. Yeah man that was the precise idea - to get the price of your scamcoin from 40 K to 33 K and then buy 500 BTC worth of it because it will hit 100 K tomorrow and we can all triple our money.

Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: Bobsurplus on October 10, 2014, 01:24:25 PM
To busy in Amsterdam fucking hoes and smoking bad weed.. will reply when I get back to Canada.


Title: Re: WARNING: BitSwift is a SCAM
Post by: CryptoHeaven on October 28, 2014, 12:08:50 PM
The original post was 20 days ago !

I dismissed it when it was posted, but looking now in retrospect he seems to be telling the truth. Darn...


Title: Re: WARNING: BitSwift is a SCAM
Post by: BootstrapCoinDev on October 28, 2014, 01:59:35 PM
Another monero frontman/clone account. Yes the moderates are doing their job.

Don't you people see what they are trying to do ?
People just should spend more time elaborating on a dev account's post history


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 28, 2014, 06:22:34 PM
The original post was 20 days ago !

I dismissed it when it was posted, but looking now in retrospect he seems to be telling the truth. Darn...

Yeah it's been like 3 weeks since my OP, remember posting it a couple of days after trading started on trex. Circumstances are radically different now, and I appreciate the people who are waking up to the current state of affairs in the crypto world.

Thanks for all the supportive PMs !

Cheers,
Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: sgk on October 29, 2014, 07:42:01 AM
The High Yield Coin [HYC] also looked suspicious to me, with same graphics as SWIFT.
I raised suspicion and some user called 'placebo' defended SWIFT and HYC. He said people wouldn't care if its a scam as long as they can sell at higher prices after ICO.

He then removed all his posts from that thread, but thankfully I had quoted him.

https://bitcointalk.org/index.php?topic=817089.msg9140507#msg9140507


Title: Re: WARNING: BitSwift is a SCAM
Post by: sgm3lvin on October 31, 2014, 05:30:38 AM
I've been tracking this Bitswift. A whole lot of drama n executions. Very similar to hyip hype 10 yrs or more back then.


Title: Re: WARNING: BitSwift is a SCAM
Post by: Jimmy_Zed on October 31, 2014, 07:46:11 AM
I've been tracking this Bitswift. A whole lot of drama n executions. Very similar to hyip hype 10 yrs or more back then.

Yeah man, people are just starting to realize now what has happened. I called this thing at the beginning of October and explained in great detail what is happening, who is involved and what magnitude of scam we are facing here. Unfortunately many people disregarded my warnings and bob's crowd robbed them of their btc in such a repugnant way.

How did I know what's going to happen? Well I cannot see the future, but what I can do is ask on the bob's servants to do me a favor in exchange for a coin or two. Yeah the rats are in your group bob - it has gotten to big, you have like what 40-50 people in? Info is leaking all over the place.

Jimmy Zed


Title: Re: WARNING: BitSwift is a SCAM
Post by: Bobsurplus on December 14, 2014, 08:33:26 PM
Ohhh shitttt... Jimmy may be right!!! fuck.....

how can this be???

Bitswift is a SCAM...
Paul Busch was once a manager for my pump groups...... He is now the main dev along with the 18 yo Mauri whom might I add has no dev skills... Same deal with Paul... They are having Hondo and others code for this coin but in reality even hondo cant code.... Its all smoke and mirrors in the alt game... Anyway... gelkko has a few words to say so I'll leave now and wait for him to return to law down the law...


P.S.

Out of the btc raised from the ico about 80% came to my guys for free.. that is why we were able to bring the price up to 40K and keep it there for  while... No most of them are out and have no interest in bitswift anymore...


Anyway... The book is been written as we speak... Be prepared to be floored by the information you read.


Title: Re: WARNING: BitSwift is a SCAM
Post by: JohnTheSalch on December 14, 2014, 09:34:59 PM
Hilarious to see bob doing miscalculations like this. So let me get this straight, in your fit of rage you have gone to ask for help from Jimmy Zed who is your competition for pumping coins LMAO I thought you were super powerful.  Guess we all know now where the real strength for pumping lies, clearly jimmy zed > bobsurplus LOL.


Title: Re: WARNING: BitSwift is a SCAM
Post by: BitSwift on December 19, 2014, 05:06:12 AM
BitSwift is clearly not a scam.  Someone greater than you ensured it would not become one when they realized that is all you had intended it to be.

Version 2 will be delivered to prove you wrong. 

You can see on the charts on Bittrex when you exited.  You can see the coin being saved absorbing your whole groups dumps to ensure it did not fall below ICO price, saving any investors who had been caught in your scheme I sacrificed myself.

BitSwift will fund its ongoing development now using its own currency SWIFT.  How Ironic.

Glad you are gone and Swift will Exist.

You are powerless now.

-BitSwift




Title: Re: WARNING: BitSwift is a SCAM
Post by: goosoodude on December 19, 2014, 07:13:25 AM
BitSwift is clearly not a scam.  Someone greater than you ensured it would not become one when they realized that is all you had intended it to be.

Version 2 will be delivered to prove you wrong.  

You can see on the charts on Bittrex when you exited.  You can see the coin being saved absorbing your whole groups dumps to ensure it did not fall below ICO price, saving any investors who had been caught in your scheme I sacrificed myself.

BitSwift will fund its ongoing development now using its own currency SWIFT.  How Ironic.

Glad you are gone and Swift will Exist.

You are powerless now.

-BitSwift




Have you read The Story of Bob Surplus (https://bitcointalk.org/index.php?topic=896480.0)? It shows clearly how its a scam.

Any coin which was created to benefit a few through manipulation deserves to die.


Title: Re: WARNING: BitSwift is a SCAM
Post by: BitSwift on December 19, 2014, 01:41:59 PM
BitSwift is clearly not a scam.  Someone greater than you ensured it would not become one when they realized that is all you had intended it to be.

Version 2 will be delivered to prove you wrong.  

You can see on the charts on Bittrex when you exited.  You can see the coin being saved absorbing your whole groups dumps to ensure it did not fall below ICO price, saving any investors who had been caught in your scheme I sacrificed myself.

BitSwift will fund its ongoing development now using its own currency SWIFT.  How Ironic.

Glad you are gone and Swift will Exist.

You are powerless now.

-BitSwift




Have you read The Story of Bob Surplus (https://bitcointalk.org/index.php?topic=896480.0)? It shows clearly how its a scam.

Any coin which was created to benefit a few through manipulation deserves to die.

This is where you are wrong, BitSwift is not just a coin.  Further, it was never created to benefit a few through manipulation.  This was Bobs plans for it - unknowingly to its creator.  Had the BitSwift creators known Bobs intentions they would have never put the time and effort into it - what would be the point? 

You can believe a story.  Or you can believe in BitSwift which is the truth.  Either way, the truth will prevail, development has never stopped though all this, and scams don't come through with promises made for investors.

You are free of course to believe what you want,

-BitSwift


Title: Re: WARNING: BitSwift is a SCAM
Post by: BitSwift on December 23, 2014, 11:16:49 PM
Version 2 has arrived.  PLEASE UPDATE NOW!

Most of the new features will unlock 10 minutes after the Ball Drops in Times Square (New Years) EST.

New fee structure goes live Jan 11th / midnight.

https://drive.google.com/file/d/0B8rWObF4xz1YYlpPRzJXZVJJY2M/view?usp=sharing
^ windows

https://drive.google.com/file/d/0B8rWObF4xz1YWHlSM2ZuQVh1aEU/view?usp=sharing
^ os x

Swift backed by Cloud GB will be enabled shortly after Jan 11th.

New site www.bitswift.io

If you are not already on our slack - you should be - the new information is always updated there first.
https://theblocknet.slack.com/messages/bitswift/


Scams don't deliver.

BitSwift Does.

:)


Title: Re: WARNING: BitSwift is a SCAM
Post by: barabbas on December 24, 2014, 07:22:24 AM
Rather than invest -or even hype- now, it would probably be more prudent to wair at least until jan 12... 2015.

And, to be real careful, same date, 2016. Or 2017.