Bitcoin Forum

Unless Pirate or Hashking repay what they owe me, I have lost complete faith in the bitcoin realm and have decided that my restaurant will not be accepting bitcoins nor will i promote bitcoins in my country anymore. At least with fiat there is accountability and legal coersive methods to get repaid.

The bitcoins I had made, granted that compared to others were a small amount, I made providing an honest translating service. I will continue to follow the forum and see how it evolves, but I cant be part of an economy that pardons the lose of other peoples funds and pardon the people that cooperated in obtaining funds for them.

Vite

So, you "invested" in obvious scam, and now you are mad at bitcoins?

You only have yourself to blame. No where in the real world can you get the ROI's they promised, so why wouldn't it have been a scam here?

You got greedy, and con men taught you a lesson. Twice.

I wont defend the con men, or a forum that allows (encourages) them to operate freely, but I will say that bitcoin needs less suckers. Sorry that you lost your money, but people need to stop letting this bullshit happen.  






vvv  edit: ok that seems excessive, even by my low standards. vvvv

Pussy.

So you're going to go back to using fiat? Do you have any idea how crazy that is? Think of all the billions of dollars lost in fiat ponzi schemes! How can you dare associate yourself with such scams? That's madness! :o

He has a point though. You cant completely separate bitcoin from the community that uses it, and that only seems to be about ponzi's, scamming, hacking and gambling.  For bitcoin to grow, it needs to get adopted by legitimate businesses and regular users, but the environment bitcoin thrives in, makes it as likely Amazon will accept bitcoins as that it will sell its goods on silk road.

 I used to be optimistic about bitcoin, but I am more and more convinced it wont go anywhere.

vite,
come back in a few years when there will be perfectly legitimate and secure bitcoin services for anybody dealing in btc to the right of the decimal separator.

(why am I so grumpy today? it's fair weather outside..)

+1
I really fail to see the connection between using bitcoins in your business and "investing" in Pirate. So you came to a new land, assciated with a group of thiefs, and got mad when they robbed you too. But why get mad at the land? Maybe it's a beautiful place and has real opportunities in it -just not "7%/week-no risks-give me money and let profit roll in"; which you'll never find anywhere anyway. (or better: you'll find it in any currency you like, and every time it will be a scam  ::) )

I need a new girlfriend.

Unfortunatly, you'll have to work hard to even get one. That market is mature, it's really too late to be an early adopter and get lots of them for cheap  ;D

I once got girl ponzie'd.

Makes perfect sense. Cash is safe and secure. No-one has been scammed off his cash and every robber in human history had to return all the money he stole.
I am sorry about your Bitcoin experience but I can't help to admire your trust in the legal system.

If pirate owes you money you must have put quite a sum aside on your online translation services. As far as i know there was a minimal entry sum of 20 kBTC or similar..

i feel the same...
i am down to (nearly) zero bitcoins again too...

mybitcoin, bitscalper, bitcoinica, pirate and matthew - they all scammed me / made me losses ;)

but i dont think you can judge a currency by its users. if i had kept all my bitcoins and did not spend them i would have about 200btc right now - but i would not have the nice feeling to wait for my jalapeno to arrive.

btc is fun. btc is new and i strongly believe in its fundamentals...many community users are honest and nice.

i would not stop to take bitcoins if i where you.

You are right its roughly that amount. I had a pass through, but I also had invested in the insured savings. Pass through broke and the insured savings has been set to 0% and when I request a withdraw it cancels.

I never invested my real world money in btc realm, I provided a service and made a few btc and the invested it cause I got caught up with my real world business.

Obvious and valid points.

Will bitcointalk continue to degrade or are we already at the bottom ?
If this forum cannot mature, another will spring up in its place.

The people involved with the obvious ponzi's, the shills and idiots defending them and the dumbfounding near inexcusable tolerance moderators and admins have towards the obvious scammers would be mind blowing were I not already an avid 4channer.

People say idiots need to be taught a lesson (and often I have a hard time disagreeing), but at what point do you stop being a bystander and become an indifferent uncaring cunt ?

I am a vocal asshole no doubt when it comes to specific topics, matts bet, BFL (flame away haters), Pirate, the list goes on.
Any community that stands back and lets unaccountable operations advertise and accept vast sums of currency for "magic sauce investments" or "products of unverifiable performance, quality, existence and delivery times" without at least warning the more gullible is a irresponsible one.

So in summary, here I am - staggered  that yet another business operator could be so fucking stupid and greedy and also bitter that we as a community basically stood back and applauded pirates escapades even defended them (thankyou matt and shills).

</late night rant over>

Obviously people have to grow up. You would not hand cash over to a complete stranger you met in a bar just because he promises to return you +7% next week and blabbers on about some mysterious fool-proof system of his that is too complicated to go into details, but trust him, it's foolproof to double your money in just 10 weeks. But somehow that's exactly what people do in the Bitcoin world. And there is no forum moderation that can alter this belief.

On the other hand this scam culture is hurting Bitcoins and hurts the very fragile real economy that is behind Bitcoins. If scamming is the default legit business dies because everyone suspects that he will just be scammed out of his money in a new and unexpected way. Bitcoins will become Poker which is basically a 0 sum game built on trying to trick and scam each other out of each others money.

At some point a good barman tells the scammer to GTFO.

That's a bummer bro. But remember that bitcoin is not the problem. No more than $USD are the problem with Berni Madoff.

Exactly.

We have hundreds of users that would have long been permabanned on normal forums. Why the heck? What's the benefit? They don't deliver any of the good, productive or funny content. Just scams and insults all over the place.

I'm really a fan of laissez-faire. Just not of complete anarchy.



@vite:
Blaming Bitcoin is not the proper way about this though. By giving them money, you funded a part of what these people are doing, and thereby strengthened them within the community. Blaming bystanders after feeding the scammers won't solve the problem. Go track your funds and try find the ones responsible, and at least make sure you're a liability, not an asset, in terms of cost-benefit. Not doing that means asking to be scammed.

Look at Micon. One scammer got him, and maybe he didn't hit that one, but he sure as hell is giving scammers in general a hard time. If more people would stand up and disturb the funky incredible business operations, maybe it would stop being so profitable.

Don't be the guy who joined, tipped coins to destructive forces, and then left again. Contemplate http://en.wikipedia.org/wiki/Categorical_imperative (http://en.wikipedia.org/wiki/Categorical_imperative) if you think it's a good stance to do that.

If anything, these incidents teach you about the power of bitcoin: Nobody can take them away from you once you have them. That holds true for criminals as well as for righteous people. It's the basis for economic freedom.

However, you can't have economic freedom without the liability. If you can't protect yourself from giving money VOLUNTARILY to other people and then accept the loss if the trust was misplaced, then please search for consultation.

You don't HAVE to invest in shady schemes just because you own bitcoins! If you feel that way then probably greed is getting to you.

Whether Vite has a valid point for not, did I just read several posts by users here sticking it up his ass, oppose to addressing his concerns with finesse? Those are not the type of posts I would want the people I'm trying to bring on board to start using Bitcoin to read. In essence, you just told Vite to go fuck himself and that you don't desire his type around here. Shame!

~Bruno~
 

No. It was a response to the claim he made that the value transfer system (bitcoin) and the community (forum) are to blame for the situation. Neither of those claims is true.

It's like saying that the internet is bad for news, because people can go online and tell lies.

ADDENDUM: @Vite: Really sorry you had to learn it the hard way! Organize a group of people and hunt those scammers down!

Hey vite, sorry for your loss, I have this great investment though, pays 7% weekly, this should make up for your loss, just send to the address in my signature. Surely you'll get rich fast from this great opportunity.

Bitcoin is exactly what it was before you got ripped off. If you rationally evaluate things on their own merits your life will be better than otherwise.

Well I assume the benefit is morally bankrupt Admins and mods help Pirate (and other scams) run their operations, shield them from scrutiny and lend them credibility in exchange for large payments of bitcoin.

+1. I don't see how anyone sees 7% *PER WEEK* and doesn't recognize it as an obvious scam.

Bitcoin incentivizes personal responsibility and accountability. You own and manage your own money. It is up to you to handle it appropriately. If you are reckless, you will be burned and will *hopefully* learn your lesson. Did you, OP?

Learned my lesson. Cost roughly $250.
I am not so pissed at the pirate blow up, cause It was a ponzi and I did not get out on time.

I am pissed at the %1.9 weekly cd, that was much in like with other non pirate offers that blew up.

Regardless I am bitcoin 0 that really has me annoyed cause I actually did some work for them... Unlike my restaurant were I own hence I get to boss some people around lol

My mood is changing so I might reconsider bitcoins again if anyone ever comes to Panama...

That's part of the learning process. I burned myself on the regular stock market. After the Lehman crash my investments lost 70% of their value and $3000 went down the drain. It's one thing to consciously know that investments carry risks and it's something entirely different to have a subconscious feeling and understanding of risk: that it's real, it does really happen and how it feels and how it alters your life.

It's the difference between a 19 year old who knows that car accidents happen and someone who has been in one. This realization alters your behavior forever. And $250 was actually a cheap price to pay - as long as you realize that it's not specific to Bitcoins. The same could have happened with USDs, stocks, hedge funds, pension funds, burglary etc.

Lol, he "invested" all his bitcoin in omg 7% week  :D