Bitcoin Forum

I want to first point out that anyone who invests in something that is advertised as a "HYIP" is basically asking to have their money taken from them.

I also generally do not have a problem with HYIP/ponzi's as long as they are honest with what they do/what will ultimately happen.

The user:  Plutonium (https://bitcointalk.org/index.php?action=profile;u=399356) is the OP behind the bitcoin-stocks.com thread (https://bitcointalk.org/index.php?topic=906261.0;all) in the gambling section. Users  michaeladair (https://bitcointalk.org/index.php?action=profile;u=343948), moreia (https://bitcointalk.org/index.php?action=profile;u=147832) and  TheGambler (https://bitcointalk.org/index.php?action=profile;u=152722) also appear to be promoting the HYIP however it is not as clear they are actively behind the HYIP, I feel they are however.

According to what Plutonium has posted about it's HYIP program it actively invests it's money in actual "revenue sources". See below quote snip:
This however is clearly not true. I tried quizzing them on this last night and was only met with what I feel are clearly lies.

I received an anon tip off with information that the public addresses for this HYIP are directly connected to bitdice.me, since I cannot release the identity of the tipper I looked into what he provided me and I would agree with his conclusion. After I decided it was fruitless to continue to be met with lies from him, I decided to simply post the evidence and my commentary in their self moderated thread. It was deleted (big surprise). Below is what I wrote.

Addresses one and two are linked via several transactions including the below ones  969364bbca7bb7c47b3cf23cf60b131e8f078d602afc5e4e024141dde695dedc (http://blockchain.info/tx/969364bbca7bb7c47b3cf23cf60b131e8f078d602afc5e4e024141dde695dedc)
031bcb379ade1b9c3dcb1bebc85273018d8bdedef51aa3442516c1a77c3370b1 (http://blockchain.info/tx/031bcb379ade1b9c3dcb1bebc85273018d8bdedef51aa3442516c1a77c3370b1)
9ba2c6fb80a160b95b3193a687edb67e673b05591ac56818e5f7045aef88c576 (http://blockchain.info/tx/9ba2c6fb80a160b95b3193a687edb67e673b05591ac56818e5f7045aef88c576)
969364bbca7bb7c47b3cf23cf60b131e8f078d602afc5e4e024141dde695dedc (http://blockchain.info/tx/969364bbca7bb7c47b3cf23cf60b131e8f078d602afc5e4e024141dde695dedc)

Address two and three are linked together by several transactions including one where 150 BTC was sent to bit dice cold wallet (most of the inputs were from other addresses). However it is very unlikely that anyone would want/need to send bitcoin directly to their cold wallet so it is more likely that address 2 also belongs to bit dice
58ff79bc9ded6c8d00bcdc3373cc318401241d4c30734dbd76d8732e5ad21941 (http://blockchain.info/tx/58ff79bc9ded6c8d00bcdc3373cc318401241d4c30734dbd76d8732e5ad21941)

I also had my post questioning him about his "mixing service" that he was utilizing deleted:


Both Moreia and Michlandar had deleted most of their posts supporting the site, however they forgot to delete the "vouch" that moreia had left:
michaeladair has supported the site on several occasions.  
Oh and bitcointalk account hacker Spodermen was active there as well.
I will let the community decide if Moreia, michaeladair, spodermen and TheGambler are actually behind the site, but again, I think they are

EDIT: one more quote from Plutonium about what their investments compromise of

I made a post in that thread asking about the btc address being a dice gambling website and my post was deleted. 

As was  mine, hence the scam accusation. They decided they don't even want to try to explain it

That's just scary.  I'd be more confident if they just owned up to it and said yes, we have a really bad ass dice strategy but need funds to gamble.  That would be better than deleting posts.

I wonder how much longer the payouts will last.

The below quote was posted by moreia more then two hours after my posts were deleted and an hour after I created this thread

Extremely shady

I left michaeladair a negative trust before for openly supporting and endorsing the ponzi multiple times but he pmed me and I removed it because he said he no longer would.

There needs to be forum intervention for shit like this. Theymos refuses to take responsibility for anything. Covering under the guise of free speech when that is obviously NOT this forum goal.

God forbid there be forum moderation and responsibility

It is impossible for the forum to know for sure when something is a scam or not. I agree that anyone who is promoting a ponzi is untrustworthy in my book.

Is this the first ponzi that michaeladair has openly supported?

Not supporting the Ponzi, but I got my money back. :D

What really bothers me is that they're not only running a Ponzi (I don't care), but gambling with our money.

Bro HYIP's are just a method gambling, get that in your head bruh

They were claiming to invest customer money in things like altcoin trading and arbitrage while they were really gambling with investor money. Don't you think that is somewhat misleading

How did they reach their buying limit even though only around 2k is invested in this? The instant buy for Coinbase is already 1k but I don't know about circle. Definitely full of bullshit.

Exactly, they don't even need to use Coinbase or Circle as you can use an exchange for arbitrage trading.

I am not involed at all and I haven't used em, but as long as they payback, and with gambling that's a decent possibility, I don't really care. But because the chance of losing isn't low I won't invest

Most HYIP's lie....

"with gambling that's a decent possibility"
How?
They're more likely to put funds on a 98% bet and "accidentally" lose it all.

Over the long run all HYIPs are going to collapse and not payback investor's money. That is a given.

They are misleading investors as to what they are doing with their money. There could be a HYIP that is honest about the fact that they will eventually run away with investor money and people can gamble accordingly

He deleted all my posts too, made topic in Gambling section to warn others, and also left negative trust.
https://bitcointalk.org/index.php?topic=918877.0

The worst is people defending him. I don't get why people don't use their brain. So fucking greedy.

He's untrusted so his trust doesn't show up. You are still dark green to me

Michaeladair you got kicked in the face! Told you this guy ain't paying out shit! He also deleted all of my posts.

Anyone who sent anyone negative rep because you believed Plutonium was going to pay you out is now screwed over.

I should have made the bet with Michael yesterday. I would have won today 😀

All he does is promote ponzis.

The plutonium guy made out with tons of BTC and had chumps like michaeladair defending him till the end. Ridiculous.

Yeah, I get kicked in the face a lot for trusting humanity. It's one of my flaws.
I just don't see how disbelief to all that has not a lot of proof is a good way to go about life.

Be honest though. I would have won that bet in less than 24 hours : )

Yeah, you would have.

Yet you're STILL promoting and supporting other ponzis??  ???

Just in nextponzi, it seemed a bit legit... but now it's having some bugs and problems so Idk.

It's an exact copy of Weeklyponzi. 130% but it makes it seem more worth it with a 1% drop in fees. lol.

This statement right here shows your involvement with nextponzi hence i think you're williamj2543 / morreira