Bitcoin Forum

Economy => Service Discussion => Topic started by: cozk on February 11, 2014, 01:25:47 AM



Title: Bitcoin to paypal -- Legit ?
Post by: cozk on February 11, 2014, 01:25:47 AM
www.btc2money.net

Looks legit, thinking of using it.

What you guys think ?


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 11, 2014, 03:57:37 AM
Well your message is the only message about it on BCT so you sir are on the bleeding edge so question is what can you afford to test this?

Sounds like $70 is the cost to test it.



Title: Re: Bitcoin to paypal -- Legit ?
Post by: uncrownedking on February 11, 2014, 04:03:00 AM
Hey guys new here.. first post...


I think Bitcoin being accepted by paypal and other sites like Amazon will truly mean Bitcoin is here to STAY



Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 11, 2014, 04:20:14 AM
Domain was only registered less than 30 days ago


Title: Re: Bitcoin to paypal -- Legit ?
Post by: hilariousandco on February 11, 2014, 12:43:45 PM
If you're expecting to send your BTC and get funds for PP there's a good chance you wont get anything back. You can always try it with a little bit though, but that still doesn't mean they wont scam on large amounts. I'm sure you'll be safer finding somebody on the forums here who is reputable and will buy coins for PP.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 11, 2014, 01:27:27 PM
No disrespect, just like to hear from a Non-Newbie who has had a positive experience.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: cozk on February 11, 2014, 02:01:45 PM
i'll wait then LOL


Title: Re: Bitcoin to paypal -- Legit ?
Post by: lolo25 on February 11, 2014, 09:50:27 PM
Tested with 0.1 BTC and worked for me.

The strange thing is that BTC payment address seems not to be automatically generated and it's used if you check it in the blockchain.



Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 12, 2014, 03:29:08 PM
Tested with 0.1 BTC and worked for me.

The strange thing is that BTC payment address seems not to be automatically generated and it's used if you check it in the blockchain.



Again, No disrespect, just like to hear from a Non-Newbie who has had a positive experience.

Its amazing how many people in this thread have less than 20 posts and have lots to say of this service.

Very sketchy


Title: Re: Bitcoin to paypal -- Legit ?
Post by: hilariousandco on February 12, 2014, 04:26:10 PM
Tested with 0.1 BTC and worked for me.

The strange thing is that BTC payment address seems not to be automatically generated and it's used if you check it in the blockchain.



Again, No disrespect, just like to hear from a Non-Newbie who has had a positive experience.

Its amazing how many people in this thread have less than 20 posts and have lots to say of this service.

Very sketchy

Always sketchy, but newbs would probably be the only people to even "test" this  ;D.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 12, 2014, 05:08:04 PM
Do you have any idea how many scams have been attempted on this website and they all follow the same M.O.

First a posting by someone who has no reputation on this website and then multiple follow ups about how great the service is from many more new members who all claim the same.

999 times out of 1000 its a scam.

If it looks like a duck, walks like a duck, quacks like a duck.......


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 12, 2014, 05:12:19 PM
Tested with 0.1 BTC and worked for me.

The strange thing is that BTC payment address seems not to be automatically generated and it's used if you check it in the blockchain.



Again, No disrespect, just like to hear from a Non-Newbie who has had a positive experience.

Its amazing how many people in this thread have less than 20 posts and have lots to say of this service.

Very sketchy

Always sketchy, but newbs would probably be the only people to even "test" this  ;D.

Basically that is disrespect.
Do not say that you do not intend to disrespect but act on it too. If i am a newbie here it does not mean that i am newbie on the internet or in the bitcoin world.
If you consider yourself a professional or any level that is higher than a "newbie" you would not degrade something you have no experience with.
No one is forced to try this service or use it,  i shared it on this thread with positive intentions only. I tried the service and had positive experience,that's it.


Oh wait, you are a scammer so now I know this service is also a scam.

Tell me about this scam:

https://bitcointalk.org/index.php?topic=440593.0



Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on February 12, 2014, 05:13:50 PM
Do you have any idea how many scams have been attempted on this website and they all follow the same M.O.

First a posting by someone who has no reputation on this website and then multiple follow ups about how great the service is from many more new members who all claim the same.

999 times out of 1000 its a scam.

If it looks like a duck, walks like a duck, quacks like a duck.......

So why not trade with someone who is already trusted instead?

BitSimple - https://BitSimple.com



Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 12, 2014, 05:24:13 PM
Do you have any idea how many scams have been attempted on this website and they all follow the same M.O.

First a posting by someone who has no reputation on this website and then multiple follow ups about how great the service is from many more new members who all claim the same.

999 times out of 1000 its a scam.

If it looks like a duck, walks like a duck, quacks like a duck.......

So why not trade with someone who is already trusted instead?

BitSimple - https://BitSimple.com



I have two words for you sir:

GO GAMECOCKS!!!


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 12, 2014, 09:13:50 PM
Hey guys,

I am new to this forum, but I googled "btc2money legit" and found this forum trying to find out if this site is a scam or not. I joined here to give you a heads up on my experience so far with this site.

I just started using it today for the first time. Looking up the whois for it, I see it is only a 1 month old website, which puts up a red flag for me, but hey everything was new at one point, so I gave it a shot.

I started off selling their minimum at .1 btc which was about $70 worth. I ended up receiving the money to my paypal in literally 15 minutes! Sweet! So I thought about it, and decided to go for a bit bigger gamble.

About 2 hours later I decided to sell about .7 btc at $500. This time things didn't go as smooth. Now they did send me this email though pretty promptly:


---------
Hello,

We received your payment, but we like to notify you that there may be some delays with withdrawal because our payment system is not working at the moment (denial-of-service attack).

We will keep you updated.
---------


So this kind of freaked me out. I'm like really? A DOS attack right when I put in a big order a few hours later? That's when I started searching around for if this site was a scam or not. Well I came upon some good knowledge that put me a bit at ease.

I looked at where my payment came from on Paypal, and it was "Virtual World Services GmbH" or virwox.com, one of the top BTC trading websites around. I visited their site, and sure enough, they had just posted a warning:


---------
2014-02-12: IMPORTANT ANNOUNCEMENT : BITCOIN WITHDRAWALS SUSPENDED!

Warning
Because of a denial-of-service attack against the Bitcoin protocol, we have to suspend Bitcoin withdrawals temporarily until a software fix is issued.
---------


So it seems some rare issue happened at virwox preventing them to send out btc. So for now, it doesn't seem like they are trying to scam me out of $500. I did ask for a refund in btc though because this might take a few days to resolve, but I haven't heard a response yet. Will post again when things change.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 12, 2014, 09:34:53 PM
Hey guys,

I am new to this forum, but I googled "btc2money legit" and found this forum trying to find out if this site is a scam or not. I joined here to give you a heads up on my experience so far with this site.

I just started using it today for the first time. Looking up the whois for it, I see it is only a 1 month old website, which puts up a red flag for me, but hey everything was new at one point, so I gave it a shot.

I started off selling their minimum at .1 btc which was about $70 worth. I ended up receiving the money to my paypal in literally 15 minutes! Sweet! So I thought about it, and decided to go for a bit bigger gamble.

About 2 hours later I decided to sell about .7 btc at $500. This time things didn't go as smooth. Now they did send me this email though pretty promptly:


---------
Hello,

We received your payment, but we like to notify you that there may be some delays with withdrawal because our payment system is not working at the moment (denial-of-service attack).

We will keep you updated.
---------


So this kind of freaked me out. I'm like really? A DOS attack right when I put in a big order a few hours later? That's when I started searching around for if this site was a scam or not. Well I came upon some good knowledge that put me a bit at ease.

I looked at where my payment came from on Paypal, and it was "Virtual World Services GmbH" or virwox.com, one of the top BTC trading websites around. I visited their site, and sure enough, they had just posted a warning:


---------
2014-02-12: IMPORTANT ANNOUNCEMENT : BITCOIN WITHDRAWALS SUSPENDED!

Warning
Because of a denial-of-service attack against the Bitcoin protocol, we have to suspend Bitcoin withdrawals temporarily until a software fix is issued.
---------


So it seems some rare issue happened at virwox preventing them to send out btc. So for now, it doesn't seem like they are trying to scam me out of $500. I did ask for a refund in btc though because this might take a few days to resolve, but I haven't heard a response yet. Will post again when things change.


This site is a 100% Scam



Title: Re: Bitcoin to paypal -- Legit ?
Post by: BTC2Money.net on February 13, 2014, 12:03:32 AM

Hello.

I am a representative of the marketing team of BTC2Money.net

I would like to ask on which basis this accusation is made?

Joeventura, are you a client of ours? If you are, i am sure you have already received your payout, same as everyone else.

I have checked with our finance team and i have confirmation that there isn't even 1 pending payout. That means each client has been paid.

It is true that there was 2 hour delay caused by VirWox, but still all the payouts were made in the 3 hours window.

I request an administrator or a moderator of this forum to take a look at this thread and take measure against this false accusations. thank you



Title: Re: Bitcoin to paypal -- Legit ?
Post by: jedisurfer on February 13, 2014, 12:05:34 AM
Hey guys,

I am new to this forum, but I googled "btc2money legit" and found this forum trying to find out if this site is a scam or not. I joined here to give you a heads up on my experience so far with this site.

I just started using it today for the first time. Looking up the whois for it, I see it is only a 1 month old website, which puts up a red flag for me, but hey everything was new at one point, so I gave it a shot.

I started off selling their minimum at .1 btc which was about $70 worth. I ended up receiving the money to my paypal in literally 15 minutes! Sweet! So I thought about it, and decided to go for a bit bigger gamble.

About 2 hours later I decided to sell about .7 btc at $500. This time things didn't go as smooth. Now they did send me this email though pretty promptly:


---------
Hello,

We received your payment, but we like to notify you that there may be some delays with withdrawal because our payment system is not working at the moment (denial-of-service attack).

We will keep you updated.
---------


So this kind of freaked me out. I'm like really? A DOS attack right when I put in a big order a few hours later? That's when I started searching around for if this site was a scam or not. Well I came upon some good knowledge that put me a bit at ease.

I looked at where my payment came from on Paypal, and it was "Virtual World Services GmbH" or virwox.com, one of the top BTC trading websites around. I visited their site, and sure enough, they had just posted a warning:


---------
2014-02-12: IMPORTANT ANNOUNCEMENT : BITCOIN WITHDRAWALS SUSPENDED!

Warning
Because of a denial-of-service attack against the Bitcoin protocol, we have to suspend Bitcoin withdrawals temporarily until a software fix is issued.
---------


So it seems some rare issue happened at virwox preventing them to send out btc. So for now, it doesn't seem like they are trying to scam me out of $500. I did ask for a refund in btc though because this might take a few days to resolve, but I haven't heard a response yet. Will post again when things change.


This site is a 100% Scam



interesting development


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 13, 2014, 12:21:37 AM

Hello.

I am a representative of the marketing team of BTC2Money.net

I would like to ask on which basis this accusation is made?

Joeventura, are you a client of ours? If you are, i am sure you have already received your payout, same as everyone else.

I have checked with our finance team and i have confirmation that there isn't even 1 pending payout. That means each client has been paid.

It is true that there was 2 hour delay caused by VirWox, but still all the payouts were made in the 3 hours window.

I request an administrator or a moderator of this forum to take a look at this thread and take measure against this false accusations. thank you



So I want to get some things straight,

First you manage the marketing for this website.  Correct?

You and the finance team work out of this location that is listed on your website:

http://imgur.com/AL8Z8ZA

http://imgur.com/AL8Z8ZA

Space seems a little cramped.

Is this also correct?

Next question you are in charge of marketing for this company and today is your first time on the #1 website for discussions about the bitcoin community. This is also correct?

You claim you pre-signed up 1200 people to try this system out is that correct? Where did you sign them up? how did you make people aware of the site?  Where did you advertise?

A simple Google search:
https://www.google.com/#q=btc2money.net

shows no sign of your website other than this thread, and the usual domain tools websites. Which say that the site is 30 days old.

Everyone who has tried your site has less than 20 posts on this site, looking at their posts they have nothing of any value in those posts except to get their post count up.

Final question...........

IDENTIFY YOURSELF.

Name, address, phone number, copy of your business license.

Waiting for your reply.



Title: Re: Bitcoin to paypal -- Legit ?
Post by: Monecoin on February 13, 2014, 01:49:23 AM
I was thinking about using this site to convert my btc to $. But as joeventura said, this smells very bad, there are many things that do not match.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 13, 2014, 01:52:27 AM
This thread attracts more new forum users than any other thread.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 13, 2014, 05:25:27 AM
Hey guys,

I am new to this forum, but I googled "btc2money legit" and found this forum trying to find out if this site is a scam or not. I joined here to give you a heads up on my experience so far with this site.

I just started using it today for the first time. Looking up the whois for it, I see it is only a 1 month old website, which puts up a red flag for me, but hey everything was new at one point, so I gave it a shot.

I started off selling their minimum at .1 btc which was about $70 worth. I ended up receiving the money to my paypal in literally 15 minutes! Sweet! So I thought about it, and decided to go for a bit bigger gamble.

About 2 hours later I decided to sell about .7 btc at $500. This time things didn't go as smooth. Now they did send me this email though pretty promptly:


---------
Hello,

We received your payment, but we like to notify you that there may be some delays with withdrawal because our payment system is not working at the moment (denial-of-service attack).

We will keep you updated.
---------


So this kind of freaked me out. I'm like really? A DOS attack right when I put in a big order a few hours later? That's when I started searching around for if this site was a scam or not. Well I came upon some good knowledge that put me a bit at ease.

I looked at where my payment came from on Paypal, and it was "Virtual World Services GmbH" or virwox.com, one of the top BTC trading websites around. I visited their site, and sure enough, they had just posted a warning:


---------
2014-02-12: IMPORTANT ANNOUNCEMENT : BITCOIN WITHDRAWALS SUSPENDED!

Warning
Because of a denial-of-service attack against the Bitcoin protocol, we have to suspend Bitcoin withdrawals temporarily until a software fix is issued.
---------


So it seems some rare issue happened at virwox preventing them to send out btc. So for now, it doesn't seem like they are trying to scam me out of $500. I did ask for a refund in btc though because this might take a few days to resolve, but I haven't heard a response yet. Will post again when things change.


This site is a 100% Scam



interesting development


Hey guys, following up from before.

Well everything worked out good. I got paid my $500 worth of btc to paypal as I ordered and things went smoothly. This is the email I got from them shortly before getting paid:


---------------
Hello,

Our partner VirWox will give us special access anytime now, so we won't suffer from this DDOS attack. You will be paid out really soon.
Sorry for the small delay.
---------------


So apparently they have a special account with virwox.com. That site still says they are suspending btc payments, but I did receive my payment from virwox this time as well.

My plan is to continuously sell to these guys routinely since I make a decent amount of money doing it. Even though I am cautious, I want to trust in them. Funny, this topic has been gaining ranks in google when you search btc2money.net!

If anything goes wrong, I will be sure to let you all know! Btc2money.net don't you screw me over, I will be the first to let everyone know;)


Title: Re: Bitcoin to paypal -- Legit ?
Post by: PirateHatForTea on February 13, 2014, 06:07:28 AM
Obvious scammer sockpuppet is obvious.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: hostmaster on February 13, 2014, 06:10:02 AM
Domain was only registered less than 30 days ago
Paypal when find out Bitcoin transactions will suspend service.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: BTC2Money.net on February 13, 2014, 08:26:48 AM
Domain was only registered less than 30 days ago
Paypal when find out Bitcoin transactions will suspend service.


Part of the FAQs:

4.Will i have any problems with paypal because of the BTC to USD exchange or anything else?

No. Why? Because we are working with already established payment processors which have automated payouts with no option for a dispute. Those services (such as Virtual World Services) are first transferring the BTC to another legitimate currency and after that the funds are processed to USD and sent to paypal.





Title: Re: Bitcoin to paypal -- Legit ?
Post by: BTC2Money.net on February 13, 2014, 08:33:12 AM

Hello.

I am a representative of the marketing team of BTC2Money.net

I would like to ask on which basis this accusation is made?

Joeventura, are you a client of ours? If you are, i am sure you have already received your payout, same as everyone else.

I have checked with our finance team and i have confirmation that there isn't even 1 pending payout. That means each client has been paid.

It is true that there was 2 hour delay caused by VirWox, but still all the payouts were made in the 3 hours window.

I request an administrator or a moderator of this forum to take a look at this thread and take measure against this false accusations. thank you



So I want to get some things straight,

First you manage the marketing for this website.  Correct?

You and the finance team work out of this location that is listed on your website:

http://imgur.com/AL8Z8ZA

Space seems a little cramped.

Is this also correct?

Next question you are in charge of marketing for this company and today is your first time on the #1 website for discussions about the bitcoin community. This is also correct?

You claim you pre-signed up 1200 people to try this system out is that correct? Where did you sign them up? how did you make people aware of the site?  Where did you advertise?

A simple Google search:
https://www.google.com/#q=btc2money.net

shows no sign of your website other than this thread, and the usual domain tools websites. Which say that the site is 30 days old.

Everyone who has tried your site has less than 20 posts on this site, looking at their posts they have nothing of any value in those posts except to get their post count up.

Final question...........

IDENTIFY YOURSELF.

Name, address, phone number, copy of your business license.

Waiting for your reply.


I do not manage the marketing team, i am representative of the marketing team.

The offices are not a castle, that is true. We are still new at the market and cannot afford big offices yet.

We did not do any direct marketing. We used facebook ads and google ads for promotion so people can learn about the site by themselves.
Each of the 1200+ pre-subscribers came voluntarily, no one was forced and no one was charged any price for that.

With my experience in the marketing field, i can tell you that almost no one is interested about the marketing habits of a company. It is the service that the clients are concerned with. This service is working flawlessly so far.

I think you will agree with me that the accusation made here are without any solid basis, but only assumptions. It is same as someone accuses you know that you are a thief without even getting to know you. That is not nice, isn't it?

For anymore questions we can be contacted at: info@btc2money.net ,or found at: 1 Nursery Ct London N17 8AR, UK. A visit requires making an appointment first.

We understand there are doubts when a new service shows up. And everyone can share opinions, but a stament as "100% not true" is not the best thing to do if you are not really 100% sure. So please do not accuse something which you are not familiar with yet.
Give a chance to our service to succeed or even try it; and if you feel unsatisfied at any time - feel free to make all the accusations on this forum and everywhere else. I do not belive that there will be any dissatisfaction that can cause something like that. thank you




Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 13, 2014, 09:34:41 AM
Okay, i hope they don't screw me over. Will post results

They screwed me over second time, please do not use!

http://screenshots.bartstuff.eu/BTC_2_Money_18ACC91A.png

EDIT 1: https://blockchain.info/tx/1e6024b98dcb845a0d7cbec36f514b2e46f6ec2d4dee937749256428dfa0f116

EDIT 2: 20 minutes later... Still no sign of my money (Maybe they're waiting for 6 confirmations?)

EDIT 3: Oh hey
http://screenshots.bartstuff.eu/MailBTC2Money_18ACD2F0.png

EDIT 4: Succes!
http://screenshots.bartstuff.eu/Mijn_rekening_-_PayPal_18ACD8BD.png

Confirmed to be legit! (They still own me 0.01USD, but whatever)


Title: Re: Bitcoin to paypal -- Legit ?
Post by: jedisurfer on February 14, 2014, 01:59:00 PM
I wouldn't trust them yet because of one person's "successful" post.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 14, 2014, 02:06:05 PM
which bonus code did you use? the one mentioned in this thread? XWSEHQ ?

Yeah

Also please be warned, i sent 4BTC and now i got a message i'd need to wait for ~2 days.. Maybe they are having some problems which is understandable.. But still watch out


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 14, 2014, 04:16:58 PM
I wouldn't trust them yet because of one person's "successful" post.

Two people's successful posts actually  :P

which bonus code did you use? the one mentioned in this thread? XWSEHQ ?

Yeah

Also please be warned, i sent 4BTC and now i got a message i'd need to wait for ~2 days.. Maybe they are having some problems which is understandable.. But still watch out

Damn let us know when you get it! Thats the type of stuff I was afraid of. There is a bit of turmoil in the BTC world right now because of that bug so it is understandable.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 14, 2014, 04:28:46 PM
which bonus code did you use? the one mentioned in this thread? XWSEHQ ?

Yeah

Also please be warned, i sent 4BTC and now i got a message i'd need to wait for ~2 days.. Maybe they are having some problems which is understandable.. But still watch out

Here is your Risk mitigation lesson for the year:

1. Do research before sending BTC to anyone
2. Risk the MINIMUM amount of BTC


So assume you didn't do any research and didn't see this thread.

Why would you send anything other than BTC0.1 to see if it worked.


I once did a person to person buy of an Altcoin for BTC

I never told the person how much I wanted to buy and just said, I will keep sending and you keep sending back, this way if he was going to screw me he would not know if a larger amount was coming....

First I sent  X amount and he sent back the right amount
then I sent X times 2 and he sent back the right amount
then I sent X times 4  etc etc etc

Downside there were like 10 transaction fees
Upside I minimized my risk.

Try it sometime.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 14, 2014, 05:01:28 PM
which bonus code did you use? the one mentioned in this thread? XWSEHQ ?

Yeah

Also please be warned, i sent 4BTC and now i got a message i'd need to wait for ~2 days.. Maybe they are having some problems which is understandable.. But still watch out

Here is your Risk mitigation lesson for the year:

1. Do research before sending BTC to anyone
2. Risk the MINIMUM amount of BTC


Have you read the post i posted earlier? They paid me for my 2.2BTC, only this time it takes longer.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 14, 2014, 05:08:04 PM
which bonus code did you use? the one mentioned in this thread? XWSEHQ ?

Yeah

Also please be warned, i sent 4BTC and now i got a message i'd need to wait for ~2 days.. Maybe they are having some problems which is understandable.. But still watch out

Here is your Risk mitigation lesson for the year:

1. Do research before sending BTC to anyone
2. Risk the MINIMUM amount of BTC


Have you read the post i posted earlier? They paid me for my 2.2BTC, only this time it takes longer.



I read your past posts, you seem to be a trustworthy guy.

Jury is still out however.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: johnny211 on February 15, 2014, 03:18:56 AM
Just tried with .3 BTC. Will update.

UPDATE: 8 confirmations, no money, no e-mail.

UPDATE: Money came through :) Trying again with somewhat larger amounts.

UPDATE: Tried it again with 1 and 1.7 BTC. First one came through okay, after the second one they e-mailed me informing me that the platform is limited to a single transaction per day for each user and that they would be forwarding the last payment tomorrow. I'm okay with that for now. Their rates are great.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: rohnearner on February 15, 2014, 08:05:59 AM
Hey guys new here.. first post...

I think Bitcoin being accepted by paypal and other sites like Amazon will truly mean Bitcoin is here to STAY

I don't think anyone here posted that paypal is accepting bitcoins thats is never going to happen bitcoin is here to eat up Paypal like paypal likes to eat our $$$ paypal is one of the top5 most hated services around the internet  ,Paypal will never do that[accept btc], Its like coke starts selling Pepsi ..!


Title: Re: Bitcoin to paypal -- Legit ?
Post by: rohnearner on February 15, 2014, 08:07:24 AM
Just tried with .3 BTC. Will update.

UPDATE: 8 confirmations, no money, no e-mail.

UPDATE: Money came through :) Trying again with somewhat larger amounts.
Sooner or later paypal will surely attack the account of service provider..!


Title: Re: Bitcoin to paypal -- Legit ?
Post by: polarhei on February 15, 2014, 12:44:59 PM
Who knows? I don't think that would work unless you use bitpay.

There is no direct way for bitcoin to paypal for the time being as paypal hates the concept much as they dislikes to change their current style.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 16, 2014, 07:25:11 AM
Maybe you guys want to read the mail conversation i had with them... Please stay away from this site

http://pastebin.com/T44i409i (Start from the end)


Title: Re: Bitcoin to paypal -- Legit ?
Post by: BitcoinWalker on February 16, 2014, 08:16:04 AM
If you do a few dollars here and there then it should be fine.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: johnny211 on February 16, 2014, 02:22:34 PM
I am still waiting for my 1.7 BTC transaction to come through. Yesterday they promised I would get it today, but when querying them today I get the "levels" treatment. They want 3.4 BTC more to expedite the transaction, promising a three hour processing time.

As for now I would warn people to stay away. They need to put info on the web site with regards to these various limits and levels. Sketchy.




Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 16, 2014, 09:32:05 PM
I am still waiting for my 1.7 BTC transaction to come through. Yesterday they promised I would get it today, but when querying them today I get the "levels" treatment. They want 3.4 BTC more to expedite the transaction, promising a three hour processing time.

As for now I would warn people to stay away. They need to put info on the web site with regards to these various limits and levels. Sketchy.




Getting the same, already waiting for 3+ days on my 4BTC, need to wait for a level bla bla threshold.. Wtf


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 17, 2014, 09:49:01 AM
Just transferred in some funds about an hour ago. Will report back....
BTW, hoe long does it take for the transfer to show and do you get an email?


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 17, 2014, 10:07:00 AM
Just transferred in some funds about an hour ago. Will report back....
BTW, hoe long does it take for the transfer to show and do you get an email?

Usually 2-4 hours in my experience


Title: Re: Bitcoin to paypal -- Legit ?
Post by: johnny211 on February 17, 2014, 02:25:52 PM
Just transferred in some funds about an hour ago. Will report back....
BTW, hoe long does it take for the transfer to show and do you get an email?

Please let us know how it works out for you and for what amounts. They are selectively withholding payments as of now, be very careful.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 17, 2014, 04:31:26 PM
So i contacted them "how long is this gonna take form now?" and they talked some bullshit about level 5.3 and i needed to pay 1.3BTC if i wanted to reach that level or i needed to wait. I was like okay okay, so i sent 1.3BTC... ~6 hours and 3 sent mails later still no response.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 17, 2014, 05:33:51 PM
Waiting for my transfer.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on February 17, 2014, 05:54:00 PM
Same here, but I asked them to send it back and after multiple emails saying send it back, they still ask, should I send it back?, as it will take a long time. Should have stuck with btc-e.

Their reply times are very long as well, could have sorted it out much faster if they cared to reply faster. If they had a problem with smaller amounts they should have mentioned so in their website. They only said the min has to be .5 btc, which was fine by me.

Now I lost the transaction cost as well as interest on my amount.

Sad

It is called a scam.  If you sent more, the "required" amount would have been more.  This is simply a way to delay and obfuscate so they can scam more people before it becomes obvious they aren't going to pay you (or anyone). Eventually the scam would stop being effective once the word gets out, they are just trying to drag out how long that takes with all the nonsense excuses and vague responses.  In a sense it has already has worked.  Other people had already reported no payment and vague excuses and you decided to "try them" anyways. Why?  Now they are hoping they can get another couple victims to be not 100% sure it is a scam and give them a try.

Sorry man, I honestly hope I am wrong but this isn't my first time to the rodeo. In the future, verify before clicking submit transaction.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 17, 2014, 08:16:39 PM
I am hoping I get it back, but otherwise I am going to make as much noise as possible to ward off other users


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 18, 2014, 06:00:05 AM
Lets see what happens


Title: Re: Bitcoin to paypal -- Legit ?
Post by: johnny211 on February 18, 2014, 06:39:56 AM
So, my last reply from them was a couple of hours ago and I am hoping that me continuing to be in touch will help sort out the issue. Hoping for the best and hoping that it gets resolved quickly. The was all the BTC I had.

Did they ask you to send more money?


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 18, 2014, 08:08:37 AM
So, my last reply from them was a couple of hours ago and I am hoping that me continuing to be in touch will help sort out the issue. Hoping for the best and hoping that it gets resolved quickly. The was all the BTC I had.

Did they ask you to send more money?


They did with me... And i even sent more >.<


Title: Re: Bitcoin to paypal -- Legit ?
Post by: 31337157 on February 18, 2014, 10:18:16 AM
Seriously guys? Please start reading posts! Someone helped immensely by posting their horrid customer service experience emails right above your posts.

What made you think that using the service was a good idea after that? Your money is your power, please be a little more cautious with it. I wish you all a smooth and speedy recovery, I would love to see some redemption for this company but for now it is clearly looking like a scam.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on February 18, 2014, 03:45:21 PM
Seriously guys? Please start reading posts! Someone helped immensely by posting their horrid customer service experience emails right above your posts.

What made you think that using the service was a good idea after that? Your money is your power, please be a little more cautious with it. I wish you all a smooth and speedy recovery, I would love to see some redemption for this company but for now it is clearly looking like a scam.

I honestly can't believe it.  People wonder why scammers are attacted to bitcoin.  You have someone reporting a non payment and then other users line up to throw their money at the scammer as fast as possible.  If they had used BitSimple ( https://BitSimple.com ) they would have gotten paid the same day, everyday.  The rate is about 1% lower but then again when you have no intention on paying you can offer the "best" possible rate.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Jacko on February 18, 2014, 05:26:55 PM
Seriously guys? Please start reading posts! Someone helped immensely by posting their horrid customer service experience emails right above your posts.

What made you think that using the service was a good idea after that? Your money is your power, please be a little more cautious with it. I wish you all a smooth and speedy recovery, I would love to see some redemption for this company but for now it is clearly looking like a scam.

I honestly can't believe it.  People wonder why scammers are attacted to bitcoin.  You have someone reporting a non payment and then other users line up to throw their money at the scammer as fast as possible.  If they had used BitSimple ( https://BitSimple.com ) they would have gotten paid the same day, everyday.  The rate is about 1% lower but then again when you have no intention on paying you can offer the "best" possible rate.

The BitSimple site looks good. In the terms and conditions it says United States only. Is there any chance at all it could be opened up to the users in the U.K.

We are lacking a site over here that offers quick conversion for buying or selling over here.

Jacko


Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on February 18, 2014, 05:56:10 PM
The BitSimple site looks good. In the terms and conditions it says United States only. Is there any chance at all it could be opened up to the users in the U.K.
We are lacking a site over here that offers quick conversion for buying or selling over here.

Yes.  International support will be announced later this month and UK will be one of the initial supported countries.  Thank you for your interest.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Jacko on February 18, 2014, 06:08:01 PM
Awesome. I'm looking forward to the announcement mate.

That will really help out people in the U.K. Also it may help stop some of these people being scammed by these merciless blatant scammers.

Thanks for making my day man.

Jacko


Title: Re: Bitcoin to paypal -- Legit ?
Post by: johnny211 on February 18, 2014, 10:46:17 PM
I honestly can't believe it.  People wonder why scammers are attacted to bitcoin.  You have someone reporting a non payment and then other users line up to throw their money at the scammer as fast as possible.  If they had used BitSimple ( https://BitSimple.com ) they would have gotten paid the same day, everyday.  The rate is about 1% lower but then again when you have no intention on paying you can offer the "best" possible rate.

Bitsimple is limited to US residents. With stamp at 655, simple printed 636 while btc2money was at 701 (with promo code). They actually transacted at that high rate at first.

So it's not 1% lower, more like 8% lower. Of course I would gladly take 92% over nothing any day of the week.


EDIT: Just saw that simple is adding euro options. Great!


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 19, 2014, 05:37:09 AM
So the last mail I got from them said that I will have to wait 7-10 days for them to give me my BTC back. I dont have much of a choice now do I...anyway lets see how it goes.

I saw a couple of people on another forum getting paid today, so hopefully things are above board.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 19, 2014, 10:06:25 AM
Okay, so the "system" got my 5.3BTC stuck... I sent them this back

http://pastebin.com/CTuMPX6m

(Start from end)


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 19, 2014, 11:16:26 AM
I am also waiting...


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 19, 2014, 04:12:09 PM
Yeah we're fucked

http://screenshots.bartstuff.eu/btc2money_18B50F3C.png


Title: Re: Bitcoin to paypal -- Legit ?
Post by: LikeTurgenev on February 19, 2014, 04:34:47 PM
Doesn't they have a company name? Loool what a email kid


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 19, 2014, 04:45:48 PM
Oh never mind, they really are partners! There is hope!

http://screenshots.bartstuff.eu/btc2money_18B51710.png


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 19, 2014, 06:05:05 PM
I am quite sure they are a partner with Virwox


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 19, 2014, 06:07:22 PM
Well, I hope the problem gets solved.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 19, 2014, 06:10:03 PM

SCAM CONFIRMED - DO NOT USE!!!

http://screenshots.bartstuff.eu/btc2money_18B52A7C.png


SCAM CONFIRMED - DO NOT USE!!!


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 19, 2014, 06:47:04 PM
Hey guys, DJ again.

So my previous experiences were good with these guys, but now they've LOST my business.

I tried selling their now Minimum at .5 btc, and am stuck in this ridiculous "Level System" that they Fail to mention anywhere on their website. Apparently you are only guaranteed your "You will receive your money in maximum 3 hours" motto if you follow their strict rules, which again, they FAIL to mention ANYWHERE on their site.

Their rules are:

1) You can only use 1 paypal account per IP Address

2) You can not use your 1 paypal account on any other IP address except for the one you used on your first transaction

3) Could be anything else! Since they don't even give you all the rules, they just say "These are the most likely causes"

If you don't follow these rules, which I can't stress enough, ARE NOT STATED ANYWHERE ON THEIR SITE, you are put in this completely ridiculous "Level System".


Now what is this "Level System" that they never truly explain?

Basically, from what I've gathered from scarce details in emails from them, their "Level System" is basically a bs PONZI SCHEME.

They take everyone's money then pay off people from the highest amount pending, wait until they receive more money from others, then pay off the lower amounts. According to them, it COULD take WEEKS to get paid. They don't even give you a definite answer! You know what they do say though? Oh, just pay us 3-5x what you originally paid us and we will take you out of the "Level System" and pay you within the 3 hour window, that we already guaranteed in the first place!


Oh and their Customer Support is TERRIBLE. The only guy you can talk to apparently has no power whatsoever and can't do anything himself because it is all done "Automatically by the system". When you ask for a refund, he says again it will take WEEKS because it has to go through "3 different departments" and once you start the process, you cannot undo it. REALLY? 3 departments in your 2 story "Company" complex:

http://imgur.com/AL8Z8ZA

What? Is the financial department in the "loo" ?


This is a PONZI SCHEME hands down. Screw these guys, I will never sell to them again!

STAY AWAY!!!
STAY AWAY!!!
STAY AWAY!!!
STAY AWAY!!!
STAY AWAY!!!


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 19, 2014, 06:50:29 PM
Don't you get it? Its not a ponzi scheme... Its a scam. They pay you the first time and the next time they screw you over.

their level system is just a way to make sure you'll be busy for a few days


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 19, 2014, 07:04:29 PM
Like I said on Page one of this thread:

This site is a 100% Scam


How do you people throw 3,4,5 BTC at these boobs and expect to get money back.

If you read my post and sent them money anyway, you got exactly what you deserved.



Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 19, 2014, 07:09:28 PM
Don't you get it? Its not a ponzi scheme... Its a scam. They pay you the first time and the next time they screw you over.

their level system is just a way to make sure you'll be busy for a few days

Well their "Level System" sounds like a Ponzi Scheme to me, which is a type of scam. That fake email thing is pretty messed up though! I bet this site will be gone within the next month or two after they collect enough BTC, so ya, it's basically one big BTC scam like we see everyday.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on February 19, 2014, 07:24:22 PM
When people were considering if it was a scam or not did anyone ever consider their offered prices are impossible.

They claimed they are a partner of VirWox, after fees at the time of the post selling 1 BTC on VirWox will net you $585 USD.  The site is claiming a rate of $650 ($665 with bonus code). No legitimate company could use VirWox and offer a better rate than VirWox.  Hell their claimed payment rate is higher than what you could get from VirWox with no fees.

If legit the company would be losing 13% (plus costs) on every single transaction.

Math it kryptonite for scammers.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: LikeTurgenev on February 19, 2014, 07:26:40 PM
i am reading now on reddit 'smiba' and 'djdan' asking for loan on every site if not getting it they are writing bad reviews that is brilliant idea for getting money must admit :)


Title: Re: Bitcoin to paypal -- Legit ?
Post by: smiba on February 19, 2014, 07:27:55 PM
i am reading now on reddit 'smiba' and 'djdan' asking for loan on every site if not getting it they are writing bad reviews that is brilliant idea for getting money must admit :)

Yeah, not.. Link to post please?

Oh this is my reddit http://www.reddit.com/user/smiba/

Not asking for loan or whatever


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 19, 2014, 08:41:54 PM
i am reading now on reddit 'smiba' and 'djdan' asking for loan on every site if not getting it they are writing bad reviews that is brilliant idea for getting money must admit :)

Yes I will be posting negative reviews wherever I can to warn people about this site. Right now if you google btc2money.net or btc2money all you see is negative feedback.

i am reading now on reddit 'smiba' and 'djdan' asking for loan on every site if not getting it they are writing bad reviews that is brilliant idea for getting money must admit :)

Yeah, not.. Link to post please?

Oh this is my reddit http://www.reddit.com/user/smiba/

Not asking for loan or whatever

I think he is talking about this post:
http://www.reddit.com/r/Bitcoin/comments/1y9tfm/has_anyone_tried_btc2moneynet_if_yes_and_there_is/

I posted here, Im not sure why he mentioned you though.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 20, 2014, 04:48:46 PM
i am reading now on reddit 'smiba' and 'djdan' asking for loan on every site if not getting it they are writing bad reviews that is brilliant idea for getting money must admit :)

Why are you bustin on them in this thread and saying they are Legit here?

https://bitcointalk.org/index.php?topic=462660


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 21, 2014, 09:08:29 PM
No reply for last 48 hours. Bye bye my bit coin.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 21, 2014, 09:12:43 PM
Okay, so the "system" got my 5.3BTC stuck... I sent them this back

http://pastebin.com/CTuMPX6m

(Start from end)

I got the same exact response from them. They said I needed an additional .6 btc to reach the "3 hour window" limit, so I stupidly paid them another .6. Now they're telling me I'm stuck in "waiting" and the only way I can get out is double what I already have in their accounts (Which is another 1.1 btc). Do they really expect me to send them twice as much btc just to fix an issue they created themselves?

These guys are either scammers or just complete morons. Either way, It looks like we're screwed.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: grifferz on February 21, 2014, 09:20:11 PM
They said I needed an additional .6 btc to reach the "3 hour window" limit, so I stupidly paid them another .6.
These guys are either scammers or just complete morons. Either way, It looks like we're screwed.
You sent your btc to people after a forum thread already said they were scammers.

Then they asked you for more btc which you also sent.

And now you're unsure which set of people are scammers and which are morons?

You may need to step away from the Internet.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 21, 2014, 09:40:09 PM
They said I needed an additional .6 btc to reach the "3 hour window" limit, so I stupidly paid them another .6.
These guys are either scammers or just complete morons. Either way, It looks like we're screwed.
You sent your btc to people after a forum thread already said they were scammers.

Then they asked you for more btc which you also sent.

And now you're unsure which set of people are scammers and which are morons?

You may need to step away from the Internet.


Hey in my defense, the first two times I sent money to them they paid within an hour, on two separate days and amounts. The third time I sent it from a different computer, so they put me in their "level" system.

Yes I know it was stupid sending them the additional .6 for the immediate payout, but I just wanted to give them one last shot since the guy promised it would work. Originally I needed an additional 1.6 btc to reach the "limit for immediate payout", then 2 days later it lowered to an additional .6 which I could manage risking.

I'm just trying to be hopeful that they're just a buncha morons who bought some btc program they don't know how to use yet.. and eventually I'll get my money back. But this BTC world is full of scumbags so I know my chances are low =/


Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on February 21, 2014, 09:40:39 PM
These guys are either scammers or just complete morons.

Fixed your post for you.   


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 23, 2014, 04:50:40 AM
Ok, so I have been officially scammed out of every single bitcoin that I made over the last 2 months. I needed this money to pay my sons term fees and this guy scammed me big time. I begged, pleaded and went ballistic, but the guy wont even bother to reply anymore, after promising that he would return my money in 48 hours. That was 3 days ago and since then he has not bothered to reply to me at all.

So, I am going to take a few steps....to start with. ;D ;D

1. I sent a mail to Virwox yesterday and they are very clear that they have nothing to do with this site.

2. I sent a mail to Paypal this morning and they have passed on the site address and its contents to their legal department. They have also promised to keep me posted on their outcome.

3. I have sent an email to HSBC Bank UK and they have informed me that they have passed on my message to their frauds department. I have a couple of friends working there so I will be putting a bit of pressure on them to go after this guy.

4. I have also pushed one more of my friends into doing something on this guy. Hopefully, I will have more news on this as well.

Basically, I have lost my money and even though its not a large sum, I am going to go out of my way to make sure this guy gets his just rewards. If anyone else would like to join me, please do let me know.

This guy asked me to take down my comments after which he would return my money in 48 hours. I know he is still in touch with a few other people he has scammed. Now he is going to be sorry for scamming me and others like me.

Best of luck Mr. btc2money.net.......I hope the next few months will be rather eventful for you.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Jacko on February 23, 2014, 10:03:14 AM
I'm really sorry you've lost all your BTC. I wish you the best of luck with all the means at your disposal for nailing this creep.



Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 23, 2014, 07:39:23 PM
Thanks man.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 24, 2014, 05:53:09 PM
Anyone receive any money or an update from these sh*t heads?


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 24, 2014, 06:26:51 PM
You should ask LikeTurgenev

He said he got paid, but I think he is part of the scam.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 25, 2014, 12:10:09 AM
I don't know about you, but i still have no problems with this website.

Even if you are telling the truth no one will believe someone with so few posts. NO OFFENSE.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 25, 2014, 01:06:12 AM
Oh yes? i don't give a f**k
But as i can see you believe on other with smaller number of posts if it's not working?

You are so funny

You know there are TWO threads about this right?

And you know some members with a few hundred posts has lost 4+ BTC to this, but you know that right?


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 25, 2014, 10:38:58 PM
I don't know about you, but i still have no problems with this website.


I agree that this site works occasionally for the first couple times using it, but as soon as you get stuck in their "level" system, your'e basically screwed. They keep asking for more and more money promising immediate payout like before, but they never deliver.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 25, 2014, 11:51:03 PM
Anyone ask for a refund yet? I have 3 options with my stuck btc:

1) I can pay them twice as much btc to make my transaction exit the "level" process. (Which I will never do)

2) I can wait for the "developers" to fix the "stuck in waiting" issue, which the guy said could take 1-2 weeks. Then if they ever do, I will be paid.

3) I can ask for a refund of my btc, which will take 7-10 days supposedly, and is irreversible once started.

Right now I'm at option 2. I have fully accepted that I will likely never see my money or btc again.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: joeventura on February 26, 2014, 12:47:29 AM
Anyone ask for a refund yet? I have 3 options with my stuck btc:

1) I can pay them twice as much btc to make my transaction exit the "level" process. (Which I will never do)

2) I can wait for the "developers" to fix the "stuck in waiting" issue, which the guy said could take 1-2 weeks. Then if they ever do, I will be paid.

3) I can ask for a refund of my btc, which will take 7-10 days supposedly, and is irreversible once started.

Right now I'm at option 2. I have fully accepted that I will likely never see my money or btc again.

OPTION 3!!!!!



Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 26, 2014, 07:30:19 AM
Dont bother putting in more moeny....I have yet to get even a reply from these scammers since they last confirmed that they will pay me back. That was like 6 days ago.

Ask for a payout, though I dont know if you will get it or not.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: johnny211 on February 26, 2014, 08:42:49 AM
They put in a lot of work to scam a few BTC, sure makes one think they could just as easily earn some honest bucks. But whatever, let us all take home a lesson from this and perhaps it will not be so easy for them next time.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on February 26, 2014, 05:55:12 PM
Dont bother putting in more moeny....I have yet to get even a reply from these scammers since they last confirmed that they will pay me back. That was like 6 days ago.

Ask for a payout, though I dont know if you will get it or not.

Hey Mav, Did you ask them to refund your btc? I want to see if anyone else gets a refund first before I tell them I want one.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: johnny211 on February 26, 2014, 09:59:25 PM
I asked for a refund quite some time ago, I got a friendly e-mail promising to process it as soon as possible, no money has shown up obviously.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on February 27, 2014, 04:56:53 AM
I asked for a refund or payout, maybe around 7 days ago. They asked me to take down any negative reviews and when I did, they sai I would get my money in 48 hours.

Nothing till today, not even an email reply since the last 7 days. This guy is obviously not here for the long term. I have not bothered to post his emails, but if you see some of those you would realise that he is just here to scam people. No real company would treat their customers the way they did treat me.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on March 03, 2014, 05:07:59 PM
Any updates? I'm losing hope :(


Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on March 03, 2014, 05:09:15 PM
Any updates? I'm losing hope :(

Your losing hope?  It is a scam.  It always was a scam.  You give them Bitcoins, they give you nothing.  The system is working exactly as they intended.  I mean you have 5+ pages of documented evidence of a scam.  Why would a scammer who already robbed you of your bitcoins clean, give them back?


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on March 03, 2014, 10:33:13 PM
Any updates? I'm losing hope :(

Your losing hope?  It is a scam.  It always was a scam.  You give them Bitcoins, they give you nothing.  The system is working exactly as they intended.  I mean you have 5+ pages of documented evidence of a scam.  Why would a scammer who already robbed you of your bitcoins clean, give them back?

Well like I said I've successfully traded with them about 4x so far, so they are not 100% scamming everyone. The excuses they've given me so far are all that their system runs through an automated process that they can not control, and their developers are trying to change(fix) it.

What I am "hopeful" for, rather than blatantly calling them scammers, is that they have a legitimate, although unprofessional, reason for not paying me yet and not refunding the other people.

From my experience with them, I believe it is possible that they are not scammers, but instead bought an automated program for btc buying and selling from someone else, and the program is not working as they thought it would.  Since they did not make the script themselves, their developers would have to reverse engineer the program to learn how to make it perform differently. I am a programmer myself, so I understand that this is a lengthy painful process to do, especially when you do not know the original programmer who made the script.

If this is the case, when they run into an error or response they didn't expect, they wouldn't know how to resolve it. This is very unprofessional as they should have either wrote their own script based on the one they bought, or reverse engineered it and learned how to use their current script before launching it on their website. This would make then unprofessional idiots, not scammers.


So yes this is the "hopeful" scenario, but everyday I lose hope that they're trying to fix anything at all and they'll just quit and run with what they've taken.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: DeathAndTaxes on March 03, 2014, 10:49:53 PM
It is called a confidence job.  If the first small transaction was never paid ... they would be able to steal one small transaction.  Scammers aren't dumb.  The early payments are in investment in the scam.  Payout a couple early transactions, and now they are "legit".   When the bigger transactions come in they have some "problems".  Interesting that the "solution" to their problems is you sending even more bitcoins no?  Eventually they go silent and just hope to catch noobs who stumble across them without researching first.  When that dries up the site will disappear and a new one with an amazing deal will pop up.

I really am sorry for your loss but once you see a couple hundred scams it becomes very obvious to spot them.  
The brand new site with "back history" appearing out of nowhere - check.
The long time bitcoiner who has never had an account at bitcointalk - check.
The better than anyone else but not too good deal - check.
The big logos of partners which don't stand up (virwox never heard of them) - check.
The swam of single digit users who appear out of nowhere asking about and vouching for the site - check.
The bogus delay tactics and requests for more money - check.

Quote
Name:   BTC2Money.net
Posts:   3
Activity:   3
Position:   Newbie
Date Registered:   February 12, 2014, 06:34:06 PM
Last Active:   February 19, 2014, 01:51:21 PM

Joe gave you the right answer almost three weeks ago.  
This site is a 100% Scam


Title: Re: Bitcoin to paypal -- Legit ?
Post by: Mav2000 on March 04, 2014, 06:00:25 AM
Its a scam...its been 20+ days since they took my money and for the last 14 days there has not been a single reply from them to my emails.


Title: Re: Bitcoin to paypal -- Legit ?
Post by: djdan200 on March 05, 2014, 05:19:52 PM
Well I've been trying to be hopeful about this, but I've officially lost all faith.

THIS IS A COMPLETE SCAM!!
BE WARNED EVERYONE


So I was googling around, and look what I found? AN EXACT COPY OF THE SAME SITE:

http://www.withdrawbtc.net/

They're trying to get a new name and website because btc2money.net is now a known scam. WOW. I didn't want to believe it.. mainly because I just lost all my btc to them, but now I can't refuse the evidence anymore.. This sucks. Please no one else fall for this.


Peace