Bitcoin Forum

Dear friends,

 I want to sell the Bitcoin Rain (https://www.bitcoinrain.com (https://www.bitcoinrain.com)) accounts that I manage, I have about 178k USD in 4 accounts.

 The money is currently invested! Bitcoin Rain is currently paying about 2-3% per month of interest on top of it. That investment will mature on July 1, and it will have about ~191,350.00 USD to withdraw using Liberty Reserve and/or Bitcoins. The withdraw of the entire Bitcoin Rain accounts will end up in October 1.

 Initially, the Bitcoin Rain was a `Bitcoin Investment Group', but, the Bitcoins are gone due to a huge theft in Leandro's systems, the owner of Bitcoin Rain and Mercado Bitcoin (biggest brazilian Bitcoin exchange). He doesn't default, he will pay something back, but, since the Bitcoins are gone, Leandro fixed the Bitcoin price at 82.50 USD (theft date) to convert the Bitcoin Rain accounts and fix his debt in USD (I'm fine with his decision).

 I can ask for Leandro to come here and confirm this, if desired. Also, I can show the accounts details privately.

 I'm pretty sure that Leandro will reopen Mercado Bitcoin too, to recapitalize itself even more. The entire Brazilian Bitcoin community are supporting him! Including myself...

 The Bitcoins (~2153.18) that I and my family had there, is past, Dollar is what we'll have until July 1.

 Days before the crack (March 23 and 26), I had requested about ~1200.00 Bitcoins from Bitcoin Rain, the coins never come and, the problem is, we (me and my family) need that money ASAP (huge family and personal debts, plus a couple projects going on). If not, I had reinvested there for another month... It will be VERY hard for us to wait until July 1 to starting withdrawing those ~191k USD...   :'(

 ---

 So, basically I'm offering about ~191k USD starting from July 1 for, lets say, ~1150.00 Bitcoins today (161k - BTC @ 140.00 USD), certain profit of ~30,000.00 USD within a few months!!!

 ---

 Of course, I'm open to any offer or ideas... Like this one...: Hey MagicalTux, help us too! I love Japan! Come to Brazil, buy MB & BR and start accepting BRL at MtGox!!     ;D

 * A bit about the future that I'm planning

 My current focus is to build a Cloud Computing ISP, based on OpenStack Grizzly on top of Ubuntu 12.04, for Bitcoin and Litecoin users... Well, I think it will succeed! PoC ready, new servers ready! Also, I just enter the ASIC mining era (I'm starting with 2 Avalon from 2nd batch, with huge plans to expand it) for, at least, the next 4 years... My Cloud Computing and my Bitcoin / Litecoin Mining Farm will be 100% carbon free powered by a private small-hydro.

 So, probably I can make some guarantees but, it will depends if my life projects does succeeds or not... Until now, everything is still going fine... But, I'm asking for the help of this community, so I can have a pretty good chance boost my recovery after this tragedy.

 Thank you guys!

Best Regards,
Thiago Martins

Translation:
You put 178k USD into an "investment group" nobody heard of. The requested payout never came (*surprise surprise*). And now basically you want to sell a 191k debt for 161k (18% off) with a "guaranteed" profit of ~$30k (6-9 months compounding interest).

Come on... noone will bite here, we all see the hook...

I'm working with Leandro since the beginning of the Bitcoin in Brazil... I know and trus him.

Thanks,
Thiago

Also, I'm open to any offer... If it does not cover my debts, I'll wait. What more can I do? Right?!

Tks,
Thiago

It doesn't hurt ask...    :P

you are probally best selling each account seperately so you dont need to find one huge buyer. I may buy one account or 2 depending on the price

Here is the current balance of each account:

account #1 - 20976.97 USD
account #2 - 25990.21 USD
account #3 - 42129.44 USD
account #4 - 89095.86 USD

Thank you starsoccer9!

I really appreciate your reply!

Best,
Thiago

okay, well I would be interested in either account one or 2. How much of a discount would you be willing to give? Also under the rare chance he doesnt pay back and just disappears thenwhat?

5-10 cents per $1 of debt seems fair. If you are willing to do that shoot me a PM.

It seems to me that this Leandro was both the zhoutong AND pirateat40 of Brazil (in that he was running both the shady "exchange" and the Ponzi "investment group"), a liar (https://bitcointalk.org/index.php?topic=46750.msg1759709#msg1759709 (https://bitcointalk.org/index.php?topic=46750.msg1759709#msg1759709)), and a world-class scammer (in one of the world capitals of scamming).

I am sorry you (and apparently most of the rest of the Brazilian Bitcoin community) placed so much trust in him, and apparently continue to do so (https://bitcointalk.org/index.php?topic=160150.msg1693636#msg1693636 (https://bitcointalk.org/index.php?topic=160150.msg1693636#msg1693636)).  That sounds like a lot of money, by any metric.


Has Leandro reported this "theft" to any law enforcement agency in Brazil or elsewhere?

How did Leandro continue to run this scheme when the Brazilian S.E.C. already tried to shut him down?  http://www.bitcoinmoney.com/post/28048708075/brazil-bitcoin-securities

How did you believe he was earning the "2-3% monthly" (26.8-42.5% annual) returns?


Best of luck to you and other investors.  For your sake, I do hope I'm completely wrong about this.

+1

If Leandro runs away. I'll refund the buyers, during January.

I just talked with my wife and my closest family members about this.

I'll never try to put someone in trouble, by taking so much risk, without any guarantees.

Again, if Leandro doesn't pay until October 1, I'll buy the accounts again.

So, in fact, this isn't an auction, it is a garnishee, or maybe a loan?!

I'm a ASIC miner (well, almost, Avalons coming!), and I'll invest even more on Bitcoin mining during the next 4 years and others projects, like a Cloud Computing ISP and, the what I like most, I'm about to build a high-sustainable community, with its own green power plant (small-hydro) and green Bitcoin mining, this project is currently in progress.

I'll pay you back if Leandro defaults.

Or maybe, if you have an open mind and would like to live in Brazil, in a eco-friendly house within a self-sustainable community, well, we can work on that... I mean, I can build a house for you, if you wish... What about an Earthship!? Neighbours?!   ;D

Tks,
Thiago

From what I know, Leandro wasn't running a ponzi scheme... He isn't the "Brazilian Pirate".

Of course I can be wrong but, let me talk about it a bit...

First, Leandro is already refund lots of people, thieves do not return any money.

About Bitcoin Rain, it was supposed to use the Bitcoins, to sell high, buy low, and make more Bitcoins for its investors...

Well, if you have a exchange, you can almost "see" the profit coming, price goes UP on mtgox, it will reflect on Brazil, and vice-versa. Even if you do not have an exchange, you can profit by taking advantages of the market inefficiency... If you have one, the biggest in a country like Brazil, well, I'm sure you can profit a lot.

I made tons of coins doing this... From my point of view, Leandro was doing it too, along side with the others users of Mercado Bitcoin, mtgox, btc-e, etc, etc and etc...

So, no ponzi, it is a legit profit.

Someone stole our coins... Damn it! We're working on it.

If someone help me, I'll not forget this.

The minimum I can do, is refund the buyer in the case of Leandro goes bankrupt.

Thanks!
Thiago

okay cool well what would be the rate/asking price for account 1 or 2?

Great!! Thanks!    ;D

Updating this offer (cutting another ~14.4k - BTC @ 144.00 USD):

191k USD starting in 3 months, for ~1050.00 BTC.

---
Account     -  Currently invested  -     Mature with     -       Price

account #1 -   20976.97 USD      -  ~22550.24 USD  -    ~122.90 BTC
account #2 -   25990.21 USD      -  ~27939.47 USD  -    ~152.59 BTC
account #3 -   42129.44 USD      -  ~45289.15 USD  -    ~248.97 BTC
account #4 -   89095.86 USD      -  ~95778.05 USD  -    ~525.54 BTC
---

Exemplifying:

So, for example, if you buy account #1 for ~17697.60 USD (~122.90 Bitcoins today) and something goes wrong in the future, I'll buy those accounts back or just refund you.

Thanks!
Thiago

They might have heard of him in Brazil. Bitcointalk.org is NOT bitcoin you know. It's only a small fraction of it.

id consider doing 100btc for the first account just my problem is that if/when the price increases i may only be making back my btc. for example if price rises to 200 by the time he pays back. thats all

Sounds fair!

My point point is, I can't guarantee your Bitcoin back, since my worth is in USD, but, I can guarantee your fiat with interest.

I'm using Bitcoins here to facilitate the negotiation... If you have Liberty Reserve or any other currency, I can accept it too, no problem...

Thanks!
Thiago

Updating this offer (cutting another ~6k - Bitcoin @ 160.00 USD):

I'm accepting Litecoins too!

191k USD starting in 3 months, for ~915.00 BTC  /  ~36,600.00 LTC   /  146,500.00 USD today.

Expected profit of ~46k USD within a few months! Or your money back (*worth in Dollar of the deal date + 1% of interest rate).

---
Account      -  Currently invested  -     Mature with      -  Price   BTC (208.74)      /     LTC (4.00)     /      USD

account #1 -   20976.97 USD      -  ~22550.24 USD  -                   108.03             /       4321.20       /    17284.80
account #2 -   25990.21 USD      -  ~27939.47 USD  -                   133.84             /       5353.59       /    21414.40
account #3 -   42129.44 USD      -  ~45289.15 USD  -                   216.96             /       8678.40       /    34713.60
account #4 -   89095.86 USD      -  ~95778.05 USD  -                   458.83             /       8353.19       /    73412.80
---

Refund in Dollar guaranteed if Bitcoin Rain go bankrupt. This is WHY I'm asking "too much" for this accounts.  I'll not be the source of someone else's troubles.

You help me today, if things goes the wrong way, then, I rescue you.

So, this is some kind of a loan...

* If you buy today the account #1, for 17284.80 USD and Bitcoin Rain fails (date limit October 1), I'll refund you in 18667.57 USD in January 1 (deadline).

Thanks!
Thiago

Updating this offer (Bitcoin @ 175.00 USD):

I'm accepting Litecoins too!

191k USD starting in 3 months, for ~837.00 BTC  /  ~33,480.00 LTC   /  ~146,500.00 USD today.

Expected profit of ~46k USD within a few months! Or your money back (*worth in Dollar of the deal date + 1% of interest rate).

---
Account      -  Currently invested  -            Mature with         -  Price   BTC (228.19)      /    LTC (4.375)    /      USD

account #1 -   20976.97 USD       -  ~22550.24 USD  -                   98.82               /       3952.79       /    17293.50
account #2 -   25990.21 USD       -  ~27939.47 USD  -                   122.43             /       4897.20       /    21425.25
account #3 -   42129.44 USD       -  ~45289.15 USD  -                   198.47             /       7938.79       /    34732.25
account #4 -   89095.86 USD       -  ~95778.05 USD  -                   419.72             /      16788.80      /    73451.00
---

Refund in Dollar guaranteed if Bitcoin Rain go bankrupt. This is WHY I'm asking "too much" for this accounts.  I'll not be the source of someone else's troubles.

You help me today, if things goes the wrong way, then, I rescue you.

So, this is some kind of a loan...

* If you buy today the account #1, for 17293.50 USD and Bitcoin Rain fails (date limit October 1), I'll refund you in 18667.58 USD in January 1 (deadline).

Thanks!
Thiago

Hi Thiago, just wanted to ask a question-- you mentioned you guarantee a refund in USD if it goes bankrupt and such. Where would that money come from and how would you repay if you are in need of funds right now? Just curious for clarifications. Thanks!

Good question!    :P

Bitcoin is now a family business, this money that we invested, that ended being stolen, was our beach house that we sold. We have more things to sell (houses, cars), if needed.

Either way, we'll invest more by the end of the year, then, in the case of bankruptcy, instead of using that money for a new investment, it will then used to recover this debt.

Also, I'll invest much, much more in ASIC mining, I already bought two Avalons from 2nd batch and I have an office in USA and Canada to run those rigs... BTW, I would love to buy your Avalon...   ^_^

In the near future (this year if the situation allows me), I'll buy a huge farm in Brazil, with a river within it and I'll build a small-hydro about 100 KVA (~50k USD), to give free electricity to my rigs and to others projects, like a Cloud Computing ISP, food production and to a open sourced eco-friendly community (like OpenSourceEcology) that will emerge within the farm. My main goal with this "farm / community / green data center" project, is to build the first experimental city of The Venus Project exclusively funded with Bitcoin and/or Litecoin.

This HUGE problem that hit my life, the theft of ~2k BTC of my family (worth today, ~1 million Reais / ~500k USD), will only postpone my life projects, I'll not give it up, I'm still here.

Lost I my first million, without even smelling it? Almost yes, but I'll earn another million, I'm sure about this.

I know how to do it and I know where I did it wrong (i.e. hold your damn coins, do not outsource the money management, buy low / sell high only by yourself). I learned the hard way, by the very hard way.

I'm confident that Leandro will pay the Bitcoin Rain accounts, I talk with him almost every day, he is already helping me (he already send me 60 Bitcoins as a cost help) and my family but, it is only enough to cover less than a few daily needs. Stay waiting for at least, three full months will be very hard for me and for my family...

Best!
Thiago

please someone give him some coins, he still owes me 10 bitcoins, the loan I gave him is almost 2 months late

This is totally uncalled for, stay away from my business.
You aren't welcome here.

you are welcome to pay what you owe me here:
https://bitcointalk.org/index.php?topic=161048.msg1845681#msg1845681

A history of love..  :D

2 months late? Maybe you ought to think about selling one of your many houses and cars first.

Yeah sure.

I will pay for a mail order bride, final offer

Seriously

So are you going to allow some form of escrow service for this exchange?

For all we know, you are that guy who owns the website/investment-group... What proof will you provide of your identity, and what proof will he provide of his identity and ownership of the accounts?

Hmmm... you made an investment... and lost... (Hacked... whatever, they didn't have "secure" accounts or arrangements or protections... thus, investment lost. That is the same if you invested in a real business, and they left the front door unlocked... Still your loss. You need a lesson in investing, if this was your choice of investment.)

I don't know why all these places have access to actual client-data on the same servers that run the websites... That is a poor business model. The clients data and account funds, and other things, should have no physical connection to ANY web-interface. It is just an interface for passing data. If hacked, they can't do anything, because the data isn't there! But I digress...

I do hope you are able to get some of your losses back. If you sell your losses... I hope those who purchase your losses, your error, your bad decision, your bad investment in an insecure investment, will ALSO not face the same losses after you have gotten your payments. Obviously, if he is thinking of operating again, I assume he will still be using the same horrible system, with better security, but that won't help the system, just delay the inevitable again.

The one thing you have going for you, is your posts here in the forum... But it is not YOU we have to trust, it is the OTHER GUY... (Oh and if the "law" said he HAD to repay debits, then he HAS to... Criminal or not... It could be another person who assumed the debt, and is paying to "keep the business alive", or perhaps, that is how the business actually operates, or intended to operate... You got there just in time... after investing more and more and more... then boom... time for him to cash-out, or he just lost it all, and "said" he was hacked. You know, those ASIC's were taking orders at the time... They just didn't release in time... Thus, the "loss", when everyone tried to cash-out.)