Bitcoin Forum

Would like to get a full list of services, leases, products, basically any debt due by Shakaru. If you have a mining contract, loan, service or product due to you by forum user Shakaru, respond in this thread and I'll update this initial post. If you have a partially fulfilled contract, loan or service, list the remaining amount due.

Mining lease value, I used this calculator so understand these are approximate values and meant only for consistency. Actual mining values would vary. http://tpbitcalc.appspot.com/ (http://tpbitcalc.appspot.com/)

Edit: imsaguy has put the spreadsheet on google docs: Thanks!

https://docs.google.com/spreadsheet/ccc?key=0AnzolfvAaL97dGlQZjZmcFMwTzlmbWJNUHdyZnM4M2c#gid=3 (https://docs.google.com/spreadsheet/ccc?key=0AnzolfvAaL97dGlQZjZmcFMwTzlmbWJNUHdyZnM4M2c#gid=3)

He sold mining shares/contracts on GLBSE

https://bitcointalk.org/index.php?topic=37981.0

Is this related to it?

Nefario, are you able to represent the interests of shareholders of this asset rather than each shareholder being listed in the op? It would make sense to be represented as a whole since there is no easy way to prove ownership.

6 months @ 20 GH/s starting from about september 2011... i haven't looked at the historical data to calculate how many BTC that should have yielded, but maybe someone can help me out with that (point me to some reliable historical calculator).

my guess is approx 2500 btc but really it's a wild guess, i don't really know.

shakaru has been good about paying small amounts but it's still 99% of it owing.

Andrew still owes 67.41 BTC from a 100 btc loan I made to him after the astana ordeal.

I am willing to forgive the interest (15 btc) to help him out but he must repay the remaining balance on the original loan which totals 52.41 btc.

Best,
gigavps

i too am willing to forgive the profit portion if shakaru is able to settle for 1800 btc which was my original investment.

Same here, willing to cancel the contract and receive my initial value back.

As for GLBSE, I think it could be listed as total IPO value? Not sure any mining operations were ever completed under the GLBSE release?

Out of curiosity, where does Deslok fit into all of this? The Shades Minoco business was supposedly a collaboration between him and shakaru, so why is the thread concentrating on shakaru? Is Deslok not involved anymore?

This is not the case with my loan as far as I am aware. I only dealt with shakaru to fund the loan.

fwiw: I'm not sure of the legal details but I do have a PM from Shakaru claiming all responsibility for the Mining Company's problems and it's debts.

I will gladly verify anyone claims on here. Also, weill gladly refund anyone and everyone.
When I started SDM, I saw nothing but the sky as the limit. But when hardware issues and scammer issues hit, that dream was quashed.
I not going to leave the btc community, but the SDM mining venture needs to come to a close and resolution.

To the GLBSE issue. No one ever cashed in the 1000 shares for a contract, and I dont think even that many sold of the initial IPO.

At this point, any inbound btc will just go right back to the original parties. Hardware will be liquidated (most likely through ebay/craigslist as that is where the most return is. Selling a 5770 for $110 is far better than $65).
I will continue to operate as a rig builder, consultant, agent for coding/software, and any other method that can help bring in more btc to refund.

After that is done, I get to sue Paypal for the damages they have caused in violating their own rules for charge backs despite proof of shipment on one transcation and then the ever so awsome Astana scam from ealier this year that I got hit for.

I spoke to Maged ealier about shutting down SDM when the paypal issue became a problem once again. At that time I told him that if this could not be fixed, I would be handleing it as such.

I would like to take this moment to first thank the btc community as a whole for the support and encouragement that I have received throughout this whole messed up venture. I made some great friends out of it, had some good times as well as the bad. Even nearly died one night when a Gd70 board tried to fry me. But with all of that, I have recived far more support than blasating when things went bad. For that I thank you.

So with all of that I will be posting updates. I will be on the forum daily. I have even gone as far as to move into a much smaller home to cut my living expenses drastically. One thing that is for sure is that due to my knowledge of systems, I have secured a contract build for a 3d render farm that 100% of the profit will be going to the contract holders for a refund. I have contacted a few of you as consultants on this build so I know a few of you already know this.

Any questions?

Edit: Due to me having 95% of my belongings and the equipment in boxes and part in storage. Liquidation will start around 3/7-3/10 when I can organize and figure out the best way to move it. I will suggest that I turn the machines with the 5770s, the AthII and foxcon boards into hackintosh as I sell them on CL for 400-600 a piece.

Second edit:
Malevoant: remaining refund $200usd
Nuke: 48btc remaining refund

Deslok is not involved with SDM any more than a consultant. He and I started this together when we were really small, but the main operations were all done by me. The power were deslok lives is not cheap enough to allow profitable operation. I will take ALL responsibility in this.

I do not believe you to be a scammer in the true sense of the word. Your intentions were good (IMHO) but felt it was time to bring the issue to light. To beat a dead horse, an endless string of excuses and procrastinations have led us here. I wish you the best of luck.

If you begin inventory on or about 3/7, when do you expect to start paying out. I believe the original post to be far from a complete list and I am sure there will be those who will not post due.

What is your plan to pay back? i.e. incoming is spread equally amongst the debtors? FIFO?

Edit: If you have guaranteed functioning mining equipment, list it here. I am willing to take hardware as payment.

No, the people in the orig post are two I can name off the top of my head that have been partially refunded already. I will have to pull records up for everyone and totals, but that will require unboxing and some time.

As far as payout, my intentions are fund btc via Bitinstant imediatly after any sale. And as far as repayment, I belive to spread payment out equally is best. On the two I listed above, they are the smaller repayments and it may be best to clear thoese two up faster than the others to limit the total number of people involved.

I will be thinking about all of this over night and read replies in the morning .

i think this is unfair because it means the more you have invested, the longer you have to wait.

so i'd get paid last even though i invested rather early.

Only a suggestion. If you feel its unfair, then we wont go that route.

well, i think bitcoin is one currency where it's a lot easier to pay a fairly distributed % to everyone, because you've got so many decimal places to work with :)

I edited one of my posts above but it may get missed:

If you have guaranteed functioning mining equipment, list it here. I am willing to take hardware as payment. Can you list that hardware once inventoried?

I had a 6 month 2GH/s contract starting in Aug 2011. The contract has been (and is still being) partially fulfilled. As per agreement with shakaru, I keep account of the daily shortage in hash-rate and corresponding BTC owed. As of today, I'm owed exactly 132.5 BTC and 12 days of remaining mining time.

Should we get in a third party liquidator? Someone who has no debts owing and is trusted and has attention to detail can receive the funds from Shakuru, distribute them among creditors and report the details in this thread.

any hardware I have is most likely going to be sold on ebay or craigs list to get top dollar. Also because payments are going to be distributed as a whole, as payb.tc said, that woud be unfair so hardware trades are off the table unless you can match what I get on the open market and have such funds split among your self and the other contratees. (thats a word, right?)

And to imsaguys input, I am fully willing to have someone manage the dispersal of funds, but a liquidator will probably hurt repayment. Hardware for mining has a low resale value. But hardware for pc computing and hackintoshs have a quick turn around and larger return. Ex. Am3 cpu, mobo, 2gb ram, 5770 cpu, 4u rack case and psu is worth what, 200 here? I sell that type of setup as a pc for 400 with no problem. I toss Mac OSX on there, its 600 no problem. I make about 3x$45 a day install osx onto x86_64 hardware. This is a strong market here in LA. If I sell have someone liquidate, that 5770 will sell for $65, cpu for 20, and so on. The goal here is to return all of the contract owners money, not sell hardware at forum prices.

(ps. I sell the 5770 and 5850s on CL here for 20%+ within 2 days of arrival.)

I am owed 5 months on a 9 month 2GH/s contract bought for $1075 in august 2011.

My claim (at current Mt.gox weighted average of 4.97) is:
(5/9 * $1075) / 4.97 = 120BTC

Finally I will have to say that this contract has been a total nightmare. I have wasted so much time trying to get BTC from shakaru and just been fed lies. This has cost me extra money because it has been impossible to know if I had to buy BTC myself or would receive them from shakaru. Even after explaining this and how important it was that he was honest with me he just kept making up new excuses. As a business owner myself, I have never dealt with anyone this unprofessional.

Edit: According to a mail just received by shakaru I also have to state that my mining rig blew up and caught fire after I had allegedly logged into it by logmein (I paid $100 extra for this option). The first I heard about this was January 10th 2012, after I had started to push him hard to get the money I was owed. On January 10th, he claimed it was two GPU cards that had blown, but now it is apparently the whole machine and it also caught fire. Very strange that he waits 3 months after the rig had been shut down to tell me about this. I have my doubts about this story. I have Skype logs to prove what he told me on Jan 10th.

For clarity in the original post: I've added your claim as 120BTC per your post. I did not use the mining calculator listed.

I think we need to decide if we are going to use the mining calculator or base the claims on what we paid for the contract. We should use what we agree on for everyone.

I put down the amount based on what I paid because that is what I would be ok with getting back. Obviously I would rather prefer to get the amount the contract would actually produce. I think it is pretty obvious that we will never get back the full amount here so I think it would be most fair if we all calculate our claims in the same manner. That way we all get a fair share.

If most other people are using the mining calculator please do so for my claim as well.

I only pm'd to inquire about gpus.  I made no mention of participating in/managing a liquidation.  I'm interested in 5850s and have been known to pay more for the gpus that what some do on here.  I only want to know make/model and price.  If its too high, I'll decline, you go the eBay route and nothing's lost.  If it isn't, then it saves some time, saves some fees, and I know my btc are going to help a bunch of my friends.

I had no idea how much BTC is owed through all of these mining contracts.

This is my fault, I did not do my due diligence before lending Andrew this BTC.

Please put me at the back of the line as it seems Andrew has much bigger debts to be repaid.

Note: I appoligsed to bitsinmyhead as last night I sent off an email in anger. The logs we had on the damaged hardware showed that they had been oc'd beyond their limit, but I honestly do not think bits is responsible, stress of all this is just getting to me a bit

I hope I'm not speaking to soon, and I know that there's no business in me saying this (Feel free to flame me)

It's really humbling and nice to see everyone working out their issues and even forgiving parts of Andrew's debt. We all know Andrew has been thru alot, medically, financially, and is really taking the initiative to make things right.

Most of us have seen scammers come and go, and it gives forums like these a bad taste in our mouths so when I see conflicts being resolved and people being..well.humans about it, brings a tear to my eye

/end of sentimental stuff, carry on...

-Charlie

Regarding the shares on GLBSE I would recommend you calculate what is owed entirely, then make a single dividend payment to shareholders (which should exclude shakaru). Then I will remove the share and the contract for it is kaput.

I think the route that shakaru is taking is an honorable one, and will not affect his standing in the community. Actually I believe that it will only solidify his reputation as someone trustworthy, even when things go bad.

Please correct me if I have made any mistakes.
Nefario.

I would be fine with a refund in this manner as well, for the fraction of my contract that hasn't been fulfilled. Obviously this would have to be denominated in USD (even if paid in BTC).

Alternately, I have a python script that computes the expected BTC output between any two dates for a given GH/s. I'm happy to punch in numbers or just provide the script if we're going down that route.

I've updated the OP with calculator values for Bitfoo. Since it seems that we are are willing to forgive all (or a portion) of the potential profits. Maybe we should add to the original post with the amount you are willing to settle for? This will give Andrew a clearer picture of where he stands for a total due out.

You can post here or PM me and I'll add a new column to the post.

If I understand you're shutting down Shades Minoco entirely?

I am owed somewhere in the ballpark of 185 BTC currently, and increasing by 1.5 a day. I bought a contract back in August and Andrew activated a share-counter to calculate my generation. Since then I have received a total of ~65 BTC from payments and brief periods of partial mining. With this coin I have received ~$300 out of my 1 year 2 GH/S contract that cost me $1450. I cannot reiterate how disappointed I am with this service; while your intentions appear benign, I question your ability to handle and comprehend the contracts you have entered.

With that said I am willing to settle at $1250 and end this fiasco.

I paid for a pre-release 4TB hard drive from Shakaru in January 2012 for $275 in BTC.  I received nothing but promises, excuses, and frustration.  If anyone got a 4TB drive out of the blue, PM me...he said it was sent, but he has no idea where...

I have the replacement hdd purchased, and a load of emails back and forth between the people I buy them from with promises of when I can receive the drive, and now nothing. Trill pass me an email and I will forward them to you. You will get your drive.

Ermsam claim is correct.

And Valalvax. Yes, it pains me but SDM can no longer recover from the damage that has happened. That is why I am taking the loss on myself and doing all I can to refund everyone accordingly.

Also, does anyone have any info on WiseOldOwl? Alot of these problems started after his theft of an entire payment for 2 contracts after many in person exchanges. I would like to collect all I can because he is local to me and see if I can do anything to get back thoses funds. This is in addition to a large amount of fabric that Deslok bought for his printshop that he also ran with the money.

Side note: Anyone in LA need any work done for btc, dont care what it is, I will do it. Same for remote work. Any spare min I have to bring in more btc, I will use for the purpose.
 

OP has been updated. I'm no spreadsheet guru so check. I believe I have taken all information from the thread as for settle amounts. Correct me if wrong.

I agree with the earlier post about a non associated trusted 3rd party watching over this, if anyone is up for it?

thanks dollartrader.

the only issue i have with the spreadsheet is the irrelevant (to me) USD column... i'm only really interested in the coins, whether they're worth 2c or $2000 each.

I'll note that. Hopefully someone will take up the torch on the distribution. Since I have a 'conflict of interest' of sorts, it should not be me.

edit: also noted I have payb.tc listed as a 2Gh/s instead of 20 Gh/s

I'd say here's what should happen:

A central address setup and published to receive all btc from Andrew/Shakaru.  A claim period is established in which all claims are expressed and verified (pretty much what is happening now).  After the claim period ends, no additional claims will be accepted.  Then as btc are received at the central address, they are paid out proportionally to all verified claims.  I'm willing to function in that role.  If someone else feels more qualified, so be it.

Things to be discussed:

1) I believe all claims should be converted to/expressed as btc to simplify distribution.
2) I believe a USD/BTC should be calculated and adheared to for the duration of the repayments.  I don't know if it should just be done at today's spot or some sort of average value from the past few months.  It seems an average from Aug 25, 2011 until now (6 months) would cover our highs/lows.

If this all seems reasonable,  I've established this address: 1EykWMskDwbqacQAEMZ5AybAa8XQVbPN2o
I'd also kindly ask OP to add a repayment address column to that spreadsheet for each claimant.

I'm okay with this but I am only about 4 months (3mos /3 wks) in to the contracted lease so I still have 2+ months of ups and downs. Those that started in August have hit the end of their contract period. I'll go with whatever they have to say on this one but for the record, I am good with weighing the average and locking in the coin due.

This is likely to be a lengthy payback time period so the scales could tip in either direction.

i'm also happy for imsaguy to mediate... thank you.

can use 1Amw6UEAx8TovmRHg2vDeTW516cmXDCAgh for me.

+ 1 for imsaguy.

13UD5EbMjvp6YduTQ6FsUjEfi9LTwxE9gy

Im happy with imsaguy as well. He has proven to e a trustworthy and valuable member of the community.

Looks like I will make some btc today. First payment should be coming today! (based on other variables)

10btc sent to imsaguys holding account.
82f4708693dcba98ae7ddf453f1ecb66d0224414184714c53da478f748589772)

+1 for imsaguy.

BTC address for repayment: 1E269gXpDoGT5bF2NnBqFHqrq4AJ1fU9rf

The number of mining days I've lost is 85 so far, and with 10 days of my contract remaining I'm getting 600Mh/s out of 2GH. So my estimated total lost at the end of my contract is 92 days of 2 GH/s mining. (92 / 183) * 750 USD = 377 USD due.

One thing I disagree with is fixing the debt in BTC based on the current exchange rate. There are essentially two options for repayment: (1) repay the expected output of each mining contract, in which case the amount should be fixed in BTC regardless of exchange rate, or (2) refund the initial USD paid for the contract. I believe most of us have chosen (2), since it reduces shakaru's debt load at the current BTC rates. But in this case, I think we should keep the amount owed in USD, and every time some BTC is paid back, use the spot price to determine how much the debt has been reduced by. Keeping the debt in BTC is risky for shakaru if BTC rates shoot up, or vice versa if BTC crashes.

I'm cool with imsaguy.
Repayment address: 1MgDWoLM6ZuvkrahRgmpMiyBax67Dtgxkm

Shakaru, do you have mining capabilities right now?  If so, what is your hashrate like?

Zero as of right now. I have everything but this desktop and thats a 3x5770, boxed up. There is about 3-5 ghs of working hardware in th 4u enclosures.

ok, I didn't know if you were working anything off that way. 

No, and I am having all btc transaction that done have other parties involved go directly to your funds address. Currently tossed up a giftcard from my wallet on the goods section. Winner will pay directly to you.

I'm okay with imsaguy

1Had6sXS7dZNCGiHm1LmX4shEYmieWcf3E

I'd just like to ask him to look up mtgox exchange rates few minutes before sending payments and adjust them accordingly.

I have bought a 2GH/s 6 month contract from shakaru in August, got back most of the money in October (I only asked for the amount I paid him, not the expected output of the contract) but there is $200 still left. So if BTC falls to $3 I'd like to get 66.66666666 BTC, if it increases to $10 I'd like to get 20 BTC, so only the exact amount. It is also because I did not pay him in BTC but with with USD by PayPal.
If the price increased to $10, shakaru would owe over twice as much money and it would take even longer to repay. Of course if it decreased it would be quicker but we would all get less money (cpt. obvious).
As I was one of the first to send him the money for a contract that was not delivered and the amount left is now little, I asking to be (one of) the first to get paid.

I already added you to the list already.

You're probably right.  Whatever the initial form is/was, that's how a person will be paid out.  I don't think we should use ppusd payouts at this point, so I'll use mtgoxusd coupons instead.  If anyone has any objections, please air them.

I know, just wanted to post my BTC address for imsaguy and for everyone so we can see who got paid, and state that I don't want to gamble on volatility of USD/BTC exchange ratio and want exaclty $200.

even though i previously said any amounts should be equally distributed, i think under a certain threshold is fine just to pay off the smaller ones...

eg. i'm happy for this first 10 BTC just to clear nuke's debt.

Well, payments can still be made in BTC to each person - it's easier, publicly auditable, and I'm guessing everyone prefers BTC. What I meant is that the value of the debt should be kept in USD. (Eg: If shakaru paid 10 BTC just now, he now owes $47.50 less).

i disagree. you can't generalise and say he owes $47.50 less, when some debts (maybe only mine) are BTC only.

imsaguy would have to make a call on the distribution of the 10 BTC first, and then say for example he owes me 1 BTC less and everyone else $4 less or whatever it works out to be.

I'm not inclined to pay the 10 btc first, even though it is small.  The burden should be shared proportionally amongst all. Its a bit more tedious having more payees, but I feel it is the most fair.

Yes, of course, if you and shakaru agreed to fix the debt amount in BTC, that would work too. Incoming BTC can be distributed by converting all USD-denominated debts to BTC amounts at spot price and then distributing the new BTC proportionately. There will also be strange effects, like if BTC goes up, you'll get paid higher proportions, and if BTC goes down, the USD debts will get paid faster.

But this is definitely risky for shakaru if BTC goes up in value.

payment address for the record:

14HGYy23W7pk6UtaN9a3mijejtLR25ef2e

Putting in my support for imsaguy.
1BV7axeajeoVEU3qxwRJtsw4Zy6AEVED6C

Also a question for Andrew: what is the value of SDM's current assets, if any?

Shouldn't Shakaru have a record of all his investors and the people he owes money to? It seems sort of backwards/unfair to wait for people to come forward to claim their money.

In fact, getting full records from Shakaru of reversed paypal transactions and the like would likely help clear up the whole business and make it much easier to figure out who's owed what (especially if paypal returned money to some investors as a result).

PM sent.

that's how it works in most real-life company liquidations. (in aus anyway).

Just an update.. There's been a total of 20 btc deposited to the collection address with no dispersals.  I'd like to see if I can get a copy of shakaru's order book so I have a way to verify all claims.  I don't want someone that's already gotten what they paid for to be requesting a refund.  No one likes a double dipper.

Hey imsaguy, the extra 10 btc that was donated about... 3.5? hours ago is from me. The first time he was in trouble way back in the summer (before sdm was established) and trouble happened and he need some btc for loan I loaned him some just to help out because he got scammed and was honest about it. I told him he could pay me back whenever (with the literal meaning of whenever as in some point in the future). I've been talking to him here and there (in college so pretty busy), sometimes about bitcoins, sometimes about life. So this time, with everything happening I wanted to help him in whatever way I could so I'm "loaning" him 10 BTC towards paying off his debt. Loaning is in quotes because it is with the same terms but looser this time. It is I'm giving this to you, but in the future if things improve and you can pay me back then contact me and I'll give you an address. It is essentially a gift to help him out so don't count it as a loan.

Now for the late post reason. I sent the btc from my desktop at home since that is where I store it all and the internet was down until right before I had to leave for a study group. So I sent it but didnt' have time to write all this. Hopefully this clears up the question about where it came from if anyone is wondering. I believe that Shakaru is true-to his word in whatever worth my words count for.

I'm sure multiple parties are grateful for your generosity, so on behalf of all of them, THANK YOU. :)

this might make it easier to visualize too:

dollartrader 7.08%
payb.tc 49.41%
gigavps 1.44%
malevolent 1.10%
nuke 0.26%
bitfoo 3.64%
bitsinmyhead 3.29%
ermsman 6.89%
Tril 1.52%
gzup 25.36%

p.s. thanks mason.

So... shakaru you're owing over $18 000.. does that mean that you were scammed for amounts totaling $18k minus that 3-5GH/s of hardware he mentioned few posts back?

well, $3600 went to Astana via paypal. WiseoldOwl has about 40-50% of the funds sent by Payb.tc on top of one of our contractors taking both 120btc in payment and then stealing hardware as well.

Lee Don got me via Ebay for 350gbp despite once again, proof of shipment. And then I have damaged power supplies, mobos, gpus that can no longer mine, and not to mention the small stuff like the logo we commissioned, hardware purchased on the forum that was never sent, ect. There is about 3-5ghs of working hardware. That dosent mean thats all the hardware. I would assume, there is about 2-3k of partial rigs here.

OP updated to denote the desired denomination for calculation of repayment.

Creditors: check and verify.

image appears incomplete to me... i've tried refreshing a few times... http://dollar-trader.com/shak.jpg

just a reminder, you owe me $150,
my address :
1B5KoUCsZ2YNic6MxMrwbwPsuQ6Dz6ac1C

Apologies, upload didn't complete. Should be good now.

I can confirm this.

Thanks for handling this, dollartrader (and imsaguy too)!

I guess you missed my earlier post: my repayment amount should be adjusted to $377 (and denominated in USD), for a partial refund of the USD I paid, instead of expected mining contract output.

Note: I just found out that I wont be moving into my new place until the 15th at the earliest. So liquidation would start on the 17th.
However, I have a somewhat good mental inventory so I will be starting prep on it all before then to get the ball rolling on this. Already made some pre-deals with full payment going to the fund. Just updating.

updated

Hi imsaguy,

My address:
12oXQubjy62tvBr9AykDBCLE6ngfGsPW3C

I have bought 1 year 6Gh/s contracts from SDM plus 120BTC loan (to shakuru). There're some BTC had been mining/paid by the contracts, but I can't calculated the accurate amounts for now. I'm OK with letting shakuru cleaned and reported them latter. Thanks!

Bitbird

Its really in everyone's best interests if you take the time to calculate the amounts now and provide some documentation to that effect. 

OK, I'll try. And I would also like to heard about shakuru's report if he could bring up their records. But if the records was missed, the only way would be calculate by myself for sure!

Well calculate and pm it to me or OP and we'll compare it to what Shakaru comes up with.

Well, I bought two 5830s and 1x-16x riser cables from him around the 15th or so of January, don't care about brand etc

I have them set aside for you.
Also, did you figure out what went on with the other boxes you said you didnt get (I thought you said something about not getting a box of cookies if remember correctly.

No, I asked the post office they never got the cards (or so they say, probably misdelivered or something)

As for the cookies, I wouldn't be surprised if the girl never actually sent the damn things, I just can't imagine the post office losing three packages sent from the same location...

Or it could be that they're rerouting the packages to another address? Not sure where they'd go though, and I get regular old mail (bills) just fine...


To sum up, I assume it was misdelivered and the cookies were never sent.

If you go ahead and send them with insurance I'll pay the extra for the insurance and shit

Ok, sounds good. Let me get at them and when I do, you have my skype, we can work out the details.

Cool, just message me, tomorrow is no good though, so Friday

will do

For the record, shakaru owed me 18.5 BTC for an unfulfilled purchase I made from him in December and I have been paid in full.

Good to see you're doing things right..

$20k, thats a lotta money!  If you have cards that are hash-worthy and just nowhere to run them, can I suggest sending them to me?  I work at WTCR.ca (http://wtcr.ca/)/BlockMiners.com (http://www.blockminers.com/) and we have a facility that can support 100 GH/s or more with top of the line equipment and cheap electricity rates.  If you have cards that need hashing, we can work something out so you can start paying people back!  It seems ludicrous that there is a huge debt to be payed and there are cards packed away in boxes.

They are packed away because some are damaged, and Im in the middle of a move right now. (staying in an extended stay situation for about 10 more days) After that, sales will be made along with beneficial agreements to take care of that. Plus as YOU know, I have stuff in the pipeline that will be announced this week. Here is a hint. GLBSE offering. Some of you know about this, some of you are backing it. Stay tuned!

Ah cool, didn't know about the move, just wanted to offer a up the space for cards.  The pipeline is looking great, I'm definitely tuned in.

Can you comment on how your new venture (https://bitcointalk.org/index.php?topic=67352.0) is related to this effort and the interests of the people you owe? I spoke to smickles and he said that you had another loan with him, which you have since paid back, but that you also still owed him money.

As a mostly disinterested observer, this whole thing seems risky, and makes me uncomfortable on the behalf of your creditors.

sure thing.

Basically, smickles and I get 1% each at the end of each funds run cycle (2% for you out there with a calculator)

The fund works that 100 shares are sold at 1btc each. All the funds collected from the sale of shares are placed into the bots trading account at Mt.Gox (Other exchanges coming in future fund offerings).

So if the bot makes a profit in one month of 5%, the finial balance would be 105btc. This would mean that smickles and I get to split a HUGE 2.10btc.

My 1.05btc, goes to the repayment fund.

This first offering is to test to see if a trading bot fund is possible. Also, a majority of the shares for the the April fund have been bought by supporters who already know about the repayment and closing of SDM.
In fact, our VPS that the bot runs on is offered to us by Dollartrader (THANK YOU DOLLARTRADER!).

Also, the GLBSE fund is also monitored by IBB as well as they were the ones that helped setup the listing.

So this is all pretty simple idea that could help out alot of people. Any questions?


Edit: This was also FREE to setup (wait, i think we spend .40btc or soemthing, so almost free) You cant argue with free when you can possibly make an return.

Second edit: I think like half of you have talked to me about this. So far no one has said anything but "Go for it!"

I see that shakaru or Andrew is at it again with a new venture and I really think it is time for someone to warn people of doing business with him. I kind of feel bad for not posting this when the problems with him first started last fall. That way many of you might have been able to avoid this mess.

I am very surprised that he still seems to be able to do business with anyone here. This is a guy who has pretty much stolen over $20 000 from the community. He says it was because he himself was scammed, and uses several other excuses, but let me sum up the facts:

Andrew has sold mining contracts for over 45Gh/s. In addition he has sold SDM stock through his GLBSE offering.  If he really was using the money to buy mining rigs to support such an operation he would have been in posession of probably close to 150 5830/5850 cards in addtion to a lot of other computer equipment.

Andrew is trying to make us believe that he is only left with a few card because he was scammed by some other members on this forum and that a lot of the cards has been sent back for RMA. Is anyone here stupid enough to think he was scammed out of this much or that so many of his cards did not work?

All of us in this thread also know the endless excuses and lies Andrew has served us. All that was missing for his operation to be 100% up and running was that the electricans come over and fix a small problem. He would gladly return the money, but all his accounts were frozen, he had no way of buying bitcoins etc. I don't know for how long I was fed those lies. Now all of a sudden it doesn't seem like he has much mining equipment at all.

Somehow Andrew tries to portray himself as a good guy, because he is trying to make everything right. Well, guess what, if you rob a bank for $20 000, your not a good guy if you pay back $2 000. In fact, I really doubt we will even get that much back when all this is over.

I also mentioned in my previous post that I paid him $100 to have remote access to my mining rig. Once when it had been down for a couple of days I decided to try logging in. What I found was the rig mining happily away at Andrew's personal deepbit account. Got fed some excuses and promised everything would be taken care of...

In my previous post I also posted how in January after I had started pressing him to get my money back, he started accusing me of destroying two of the cards in my mining rig. For some reason this was never mentioned back in September when my rig stopped mining. A couple of weeks ago he once again brought up this, but now the story had changed. The mining rig had now blown up and caught fire. Seemes to me like Andrew has a hard time keeping all his lies straight.

My last bad experience with him was just before this thread was started, when he promised me a CPU as payment for one of the remaining months of the contract. He claims it was sent February 16th, but it has not shown up yet. I have received about 200 packages from the US over the last 5 years and none have disappeared before. I also know the people working at the post office here and they say it is very rare for anything to be this slow through the mail. Seems like other people in the thread also have had problems with stuff not showing up through mail from Andrew.

Anyways, I ask you all to go back and look at the deals Andrew has made through this forum. Very many of them have ended in a big mess. Loans not paid back, packages "lost in the mail", the Astana mess, etc. Shakaru might be one of the guys who has scammed the community out of most money and for some reason people still do business with him.

With his latest offering you will be lucky if all he does is lose your money in an honest way through his "trading bot". I would ask for some serious proof of whatever he is doing with your money because he might end up just stealing it like he has done with our money. Either way after dealing with this guy and seeing how unprofessional he is, there is no way he will be able to make you any money. If anyone wants to bet, please send me a PM (and in contrast to Andrew, all the deals I have made here have been 100% smooth.)

Thanks for putting this out there. Speaking of astana, he's back: https://bitcointalk.org/index.php?topic=67670.msg787933#msg787933

This is a pretty solid point. Any way you count it he should have over one hundred cards not counting the 30-50 cpus mobos etc. Not ALL of this can be broken/stolen/burned, and even a conservative estimate means 10k-ish there.


Big deal, imo. And yes, something like this should be aired in public on the spot. Why not?

Its not that all the cards and gpus were stolen or broken.

here is breakdown.

3 msi boads, 3 cpus, 3 2gbs dims of ram, 15 5830s and 2x 750w per every the 3 boards were to be housed by someone that I had trusted up until this point and now the hardware has gone with him. I felt that because he was coming out to help with SDM and local that I could have trusted him on the matter.

Then we had WiseOlOwl take off with a large amount of bitcoin that was to be cashed out and used to purchase hardware in person here in LA. This was to purchase 5 mobos, 25 cards, 5 cpus, ram, ect. This deal feel through when Owl disapeard. Also at this time Deslok purchased a large amount of fabric that was never delivered and no one has been able to get ahold of Alex from that point on.

User TerraformProjectAlpha sold us the origonal rigs that we used. The offer for sale was posted here on this form. At first we started off slow buying from him until we were at a point of purchasing the rest of his hardware. When the finial sale came, because of the bulk, I did not have time to setup all the machines and test them. When that did happen, we found 2 dead mobos, 4 missing cards and 5 more dead, almost all the powersupplies were dead and also not capable of running the machines. At this point I was told that he would RMA the hardware and get back to us. This never happend and we had 6 working machines out of 12. The unit sent to Desloc also could not run at full capacity. TerraformProjectAlpha real name is Nick and his work contact that we tried to call was a number that as disconnected.
After that, the hardware started to break down. I have a pile of dead PSUs, and 2 mobos that died out along with risers that mostlikly caused the issues.

To keep things going, I sold a few of the working 5830s to Amazingrendo (who also has been in the old SDM opperation when we were at 80% running) Good sales from him everytime. Yet the hardware that I purchased didnt go so well.

I had purchased from user ReganReckman 3 mobos, cards and 2 psus. When they arrived, I found that he had welded or glued or soemthing an Intel HSF to one of the chips, and that was still attached while shipped using the mobo box to hold it in place. This was smashed, the mobo dead on arrival and he cut the remaining price for the hardware off to make up for it, but it didnt fix the fact that the hardware was not as it was supposed to be. The 900w antec died a week or two later, and the 5850 was about 2 more weeks after that.

Then remember Hollie/Ninja? Never got my 5970 because, well, we know how that one ended.

Last. Paypal just sided with me last night on a charge back for the rigs I sent and sold to the UK. That brings my great paypal fund to -1300 atm.

Point is that I failed running SDM in every way but running it into the ground. We had 3 months were things didnt go so great, and then went from bad to worse.

Ultimately it does not matter how we got to where we are. We are here.

Andrew needs to come up with a strategy to pay back his debts. At least this thread is started and he is cooperating. There is no reason to kick a man while he is down and I hope this thread is the helping hand Shakaru needs to stop lying and come up with a strategy that ultimately turns into FULL repayment of his debts.

This happened very early when there had still not been any problems and I bought his excuse about how it had happened.

Gigavps: This is not about kicking someone who is down. This is about posting the facts and preventing shakaru from stealing more money from someone else. Had this been posted back in the fall when it should have been, a lot of people would not have lost their money. I guess everyone kept quiet because they were scared they would get nothing if they posted about it or would be called a liar. (Shakaru was paying a few bitcoins now and then if you really nagged him about it at that time).

You might believe the story shakaru is telling, but I really do not see how someone can be that unlucky to be scammed that many times for those amounts. Still it would not explain where the 100-150 5830 cards went... If he somehow was scammed this badly (which I really doubt), he is guilty of being a big fool who should never be in charge of running anything. I know there is a lot of scamming going on here, but I have made about 10 deals myself here and never had a problem until I bought this mining contract.

Shakaru also has very low credibility after never telling the truth about anything. Just go look in the other Shades Minoco thread. In early January he says he is just waiting for SoCal Edison to come fix his power and the rigs would be turned back on. He clearly did not have any rigs.

I repeat what I said earlier, if you steal $20 000, you are not a good guy who can be trusted if you pay back $2000 of them, in fact you should not be trusted even if you pay everything back. In the real world you go to jail for doing the stuff shakaru has done here.

Scammer paperwork has been filled out and submitted. This is in theymos' hands now. Unfortunately, the evidence I submitted is quite convincing. Sorry shakaru.

It understandable and I see the concern. Still not going to stop me from repaying everyone. Just might be a little harder if I get the tag, but because all funds go directly to Imsaguy, it wont be that hard. Plus thoese that personally know me understand what is going on. 

Take on TerryTibbs example and wear the Scammer tag proudly if you have to, and fix everything ASAP. Including fixing the Astana deal also, if not fixed yet. You'll probably get out of this on the top if you do what I just told you. Once again, look at Terry ;)

Astana has been fixed from the 15th of Feb. I just sent Maged the screen shots of that. Astana sent me an email after the amount of time for paypal to do their work had passed and he had not yet revived his refund. He has had it for about a month now.

And thats the way Im going to deal with this. I told the same thing to PAyb.tc via skype a little bit ago after maged posted that reply. He said the same thing you did.

I don't usually share my two cents on these mob mentality posts, but the posts I've seen seem to be off base.  I've done many deals with shakaru since last summer.  He lives in the LA area like me, so I have been to his place many times and seen the rigs that he has.  I've never had a bad deal with him.  Maybe I’ve been lucky, but I don’t think that’s the case. I truly do not believe he has the intention of scamming anyone.  That is not the Andrew I know.  It seems much more plausible that this situation is the outcome of a series of unfortunate events.

While I won't apologize for any mistakes that shakaru has made, as a small community I think we need to think hard about how we respond to situations like this.  Things do go wrong from time to time.  We make deals, buy contracts, and make commitments with the hope that everything will go right.  Sometimes they don't and the people involved should do what they can to make things right.  It's normal to be angry that things didn't work out, but we shouldn't stoop to the level of burning someone at the stake for being a "scammer" to enact some kind of revenge to feel better.

Shakaru can't be a scammer because he has made arrangements to repay his victims, and it looks to me like he is honest about repayment. This is similar to terrytibbs' case: he had his scammer tag removed once he made arrangements to repay and had paid a few people. Maybe the issue can be revisited if shakaru doesn't start making regular payments in a month or two.

Because shakaru's donator title might give him more trust than he should have at this point, I am removing his donator status for now. He will then have no advantage or disadvantage in acquiring trust.

I personally believe Shakaru, he's like me in a lot of ways, a little too stupid for his own good, and once shit started hitting the fan, he started rushing into deals to try to fix the previous mess ups, causing more problems and eventually they stacked up to an enormous shitstorm

Just for clarification, he has functional rigs?

Had. Or at least has nonfunctional rigs. That would be key. Like I said. Between hoping locations, placing hardware in hands of others, and the other crap. The cupboard is pretty bare.

I am amazed at how naive some of you seem to be. It also puzzles me that you can not be labeled a scammer just because you are sticking around and allegedly trying to repay people. Just steal a lot of money and say: "Well, I will repay you all, I really will I promise!" and everything is fine.

Anyways, if any of you who seem to have unlimited faith in shakaru want to put your money where your mouth is, I am offering to sell my debt for 35BTC. I will give imsaguy your bitcoin address and all repayments will go directly to you. I don't expect anyone to take me up on this, because it is a lot harder to show your trust when it is your own money at stake and not just empty words.

Personally I believe in Shakaru and as you said since you don't believe people will put their money at stake, I already have. I have given him money because I believe that he is telling the truth so that proves that people really do have faith in shakaru.

i will happily buy your debt for 1.2 BTC.

anyone else want to bid higher?

perhaps you should start an auction thread for it, bitsinmyhead, if you are serious about on-selling the debt.

I'll up the bid to 5 BTC.

I'll go 10 BTC... :)

...and I agree with much of what bitsinmyhead has to say and fully understand his frustration. In the words of one of my past mentors "It's blatantly obvious to the most casual observer".

I support him in his endeavor to repay me... just makes sense and really, what other option is there?

Arrangements HAVEN'T been made.  All that has happened so far is a bunch of his creditors gathered together to establish what they think is owed and have me collecting to disperse fairly.  I've yet to see a comprehensive plan as to how 4000+btc are going to be made and paid back, the time frame for doing so, etc.  Shakaru sold a best buy gift card for $25 with the btc going to the collection address, but now the buyer is claiming he never got the card.  To date I've received 34.01 btc and I'm not looking forward to having to refund part of it already.

If you don't want to apply a 'scammer' tag, then perhaps a new class of tag needs to be made to make it readily identifiable that shakaru is in collections.

Force a link to this thread into his signature with a descriptive title. It's not quite as drastic as the tag, but it'll get the point across.

Yeah my bad. Somehow I got it in my head Vitality only wanted the code. im going to mail it out to him today and get delivery conf if its not to expensive.

I considered that (I thought about this issue for a long time, actually), but I believe it's beyond the scope of the forum to deal in any way with cases that aren't totally clear. The scammer tag exists only because everyone expects that the forum will do something in response to scamming, but I don't want to do more than the bare minimum. The forum doesn't handle justice.

This case is very different than terrytibbs' case because shakaru admits that he is in the wrong and he's trying to repay (or at least pretending to try). If a concrete repayment arrangement isn't worked out and begun after a month or two, I'll look at things differently.

First. If that link will help, I am all for it. second.


Very mature.

Bitsinmyhead, do you understand the investment vehicle in question? In order for you to short it, the original investors would have to sell, likely at a profit. They win.

anyone who buys your shorted shares would buy at less than 1btc, let's say, 0.5 btc.
this would allow the bot to lose, say, 0.4 btc per share and still make the people who bought at 0.5 btc 0.1 btc per share. They win

I encourage you to do that.

Classy to start posting PMs here, but yes I have expressed my opinions on this new venture in the thread in the Trading subforum. I have several years of experience trading futures, I really doubt this bot will make any money, and thus would like to short this company.

As i understand it smickles is also involved in this trading bot and I find it somewhat disturbing that someone who is involved in something like this clearly has no clue what shorting means.

Shorting is borrowing a stock from someone to sell it at current prices planning to buy it back later cheaper. So in this case I would find someone to borrow me the stock so that I could sell it at 1BTC (which is the current GLBSE bid) When the bot loses most of the money in April, the stock will be worth a lot less, say 0.5BTC. I then buy it back and return it to the person who lent it to me, netting me a nice 0.5BTC profit on each stock.

Any other questions? Maybe shakaru and smickles should hire me as a consultant...

 

Not sure what you mean. Shorting - IS a sale of assets. He doesn't need the original investors to sell him anything, only when he needs to cover his short he would buy the assets back (hopefully at a lower price).

so then he'd be willing to screw the original investors in order to punish shakaru?

Edit: not that it would punish shakaru at all.

I know what your getting it. It just looks like the tone is to destroy more than make a profit. I already know from the asset chart that some have made 1%, 5% and 15% on shorting which I encourage. People should capitalize where they can.

This wont punish the investors. The capital invested is still going to be traded. It dosent go anywhere but into the bot on the 1st. So they dont get screwed besides missing a lower buy price if this happens.
And bits. Hey, if you think you can help bring in more income, I would gladly pay you a %. We are about btc growth, and that growth means I can bring in more btc to pay into the fund.

Also, if anyone has experience with minecraft servers, same thing goes. There is a side project a few of us are starting up that could use some help. Pm me if you have experience and I can toss you into the loop if you posses some of the skills we are looking for.

I am not punishing or screwing anyone, I am selling stock to someone who is stupid enough to buy this bot stock. Let's continue this discussion in the other thread and stop messing up this one.

meh, I got a little excited and wrote sell, when I meant lend.
Anywho, the idea which I was trying to communicate was that shorting the GLBSE listing would enable someone, who Bitsinmyhead thinks is a scammer, to scam successfully if that were their intention.

The scammer tag also exists to serve as a warning to other people. I, too, considered this for a long time. However, how quickly that Bitarb thing sold out really concerns me.

It's nothing personal to Shakaru, nor do I intend it to be a punishment. Honestly, I think we very well might need a new tag.

So let me get his right. If we had Ibb or Smeckles put the post up, it wouldnt be amazing if it sold out? Hell, 40% of the shares went to a single party because they knew of this in advance.
Fine, fuck it. Next month. Invite only.

Also, now that my donation status is gone. That btc I donated should go into the fund now that its been taken away.

agreed, even if i weren't a stakeholder.

maybe they should delete 1000 of your posts too, so that you're no longer a Hero. not being serious

That's the whole point of the tag. Originally I didn't respond to scammers at all, letting traders handle it themselves. But since every other forum bans scammers, not dealing with scammers caused too much surprise among traders (and therefore easy scamming). So I created the scammer tag, which is intended to be the mildest possible reaction to scammers that will still prevent traders from being surprised by forum policy. I want to avoid all other anti-scammer activity.

At this point I don't feel that shakaru deliberately scammed anyone. Since I want to avoid anti-scammer activity other than the minimum required, another tag isn't necessary. The forum should just get out of the way as much as possible. (This is why I removed shakaru's donator title: it was "in the way".)


You're still listed on the donation page. It's only your perks that have been removed. You can have them back once this issue is resolved.

Donations are not refunded.

engh, Im good with that.

As long as I get it back when this is over then.

just my 2cents,

I lent $500 to shakuru during the summer(August) for the purchase of cables and reselling them, but this never happened.
I have only asked him to repay me the amount that I lent him and so far he has only payed me $350 and still owes me $150.
It has been a great deal of pain for me to contact shakuru and ask him about paying me back. Everytime he has given me an excuse or delayed it more. Last time I asked him ,he said he would pay within 10 days (~ feb 16), but never got a response from him during this time.
Its been like half a year since I lent him the money and I just want my money back. I feel like I have been ignored and put in the back burner.
I know he has gone through a lot of unfortunate events, but I dont think it should be an excuse to not pay me given the amount of time he had.
I am just really tired of asking him the same question and getting the same response. I just want my money back and get over this.

I messaged you on skype after your last pm on wednesday. You have yet to log back in. Shows messages are still waiting to be delivered.

You are amazing. Is there anything you can not come up with an excuse for?

I am now willing to sell my part of the debt for 30BTC. Any takers? Does not seem like anyone has any confidence in you sorting this thing out.

Actually he verified it.

Andrew,

This thread has gone from a chance for you to straighten out your reputation to one where we all now see just how big the hole is you are in.

How many more people are going to come forward stating that you owe them money?

Where is the plan to repay this money?

What is the timeline?

Regards,
gigavps

I think he mentioned something about taking a job, no idea to what extent this is true.
Anyone living around him could pay him visit maybe?

1st question: Thats everyone there. Atleast from the records I have available to me and whats in my head.

2nd: Liquidation, continuation of software sales and bit commerce, income from my pc repair/service, go back to my old desk job and pour every cent I have into repayment.

3rd: Im hopping to have this done asap. I'll have a definitive timeline once I get settled in after moving and be able to figure out what is the best option for the hardware on hand. One thing that would really help would be that if there is a trusted member here in LA that can handle cash->btd so that funds are not lost on banking and exchange fees.

You'll have cash and need btc?  I think I can set that up for a local exchange.

If you could, that would be great. I have a few people from the local meet up that I can call, I just have yet to do a transaction with any of them and would like to get the best possible rate.

I am now the owner of Sakaru's debt to Bitsinmyhead please update OP.

Imsaguy, YHPM

An idea passed through my head.
Would this be easier if we were to make a GLBSE asset called ShakDebt or something. Issue an contract in proportion to the total debt. Pay collections directly to it and keep everything updated on a blog? This would allow possible return on the shares if they start trading. I figure this would help GLBSE, bitcoin, give me further incentive to repay faster as that would be the backing of this.
Any thoughts?

thought: i've never used glbse and have no immediate plans to... would your suggestion complicate things for glbse newbs?

Not really. Senbonzakura of IBB has be willing to help setup an account for someone who wishes to use GLBSE. Nefario also can provide assistance. I know a good portion of the people involved in this already do have an account.

Would still be a 20BTC registration fee unless nefario waived that?

marked

thought: i will sell my remaining debt for 20 BTC.

Just seen that nefario has/is dropping already verified issuers down to 8BTC in the new 2.0 fee structure.

marked

Thats true. Also, sometime things are worked out so where the fee is small. I am in the middle of snapping photos of the Passport and DL right now to verify. Just waiting on my 6 character code.

so previously i could see no benefit in moving things to glbse.

but now i see...

no benefit, in addition to having to pay a fee.

You dont have to pay a fee to use it. Only list on it, and even then. There are discounts and such.

And withdrawals? Are those feeless also? Not that it's any of my business...

Yes, no fees for traders

GLBSE is a very good investment platform where traders are pretty much free of restriction. There is a 1btc minimum withdraw limit, but thats overcome by just depositing the difference and then withdrawing.
Like any investment, you need to do you due diligence on what you are buying into. There have been a few failed assets as well as some absolute scams. Yet there are some great listings out there like BMMO, FPGA.contract, and Ive been reading good things on Red Star Mining (RSM). Nefario is doing his part in verifying the identities of all parties who list an asset on glbse to prevent further abuse of its system.

I asked about WITHDRAWALS, not trades...
Because here (https://glbse.com/fees.html) it says there are fees. Not that much, but you still have to pay to get your money out. Or does Shakaru have any kind of discount for being such a nice guy and owing money to everybody?
Also, does it make sense to SPEND even more money when he clearly doesn't have enough money to cover his current debts in a timely manner?

The idea of using GLBSE deserves a facepalm! Especially since it was the guy in debt that suggested it!

EDIT:And now he's comparing his huge debt with an "investment"...
Dude, are you delusional, or...?

I dont have a discount, but I trader on GLBSE and if there is a withdraw fee, Ive never seen it. And I have cleared out my wallet on glbse before. Also with bitarb, we have the ipo funds sitting there. When the transfer of that to the trading bot happens, all 100btc will just go from there to the bot directly, no fee involved....unless something has changed. News to me then, but still looks free.

This thread is not about your other business you're about to start, nor were the questions I asked or the statements I made.
It was about your clearly not so good idea of listing your debt in GLBSE, so don't divert the conversation to something else and start confusing people.

Clearly that's the only upside in using GLBSE. But seeing some people already sold their debt here and there was no need to pay listing fees or withdrawal fees I'm not sure if I can really say it's an upside.

But anyway. None of my business. Shakaru has no debts with me. I'm mostly curious why people choose to complicate things, especially when there's no logical(or should I say monetary?) reason for it.

Witnessed.  I kindly ask that the OP be updated to reflect this.

LikuidXd, we need an address for you.

This was a 120 BTC debt, has there been some payment made or adjusted in some way?

No, and I was as shocked as you are. I had likuidxd talk to me on skype and ask me some questions about the public, what my plans are, and was told he would be buying my debt from bitsinmyhead. I consider this an act of extreme kindness and thank likuidxd for to. I also made sure to promise him I will not let him down. Like I said before, I failed at my buisness plan like many around me did. But I will make this right because I will not walk away from anything. I will right my wrongs and only rise from the lowest I have fallen.

 OP updated and also includes bou707 $150 debt.

doesn't look updated to me... shift-refresh and all.

I see bou707's at the very least, wasn't sure what else I was looking for

yep finally got it to update... must have just been me.
(also updated is bitsinmyhead 120 btc debt changed to likuidxd 60 btc)

Stupids question, who's running shades-minico now?

That would be me still. I am probably going to keep the name for future ventures once this mess is finished just because I like it.

Update: I got into the boxes I have here and cataloged the psus and mobos in them. This would be the 5x Foxconn A7DA-S 3.0. There is also a varity of 500, 600, 750w psus. One in particular is one that was "delivered" with the two wired together, but the idiot cut the ATX adapter off the other and taped off the end. This is a dual 750w Thermaltake RX2 80+. The unit works, but i have no clue how to sell it. If there are any takers, let me know. with all that said, it looks like I will be into my new place between the 18th-26th. This will be on the day that the evected tenants of the place are forced to leave (the 26th) but i have it through some good authority that it may even be this week. Once I can get in and tear open the rest, I will be cross posting between here, CL and use of a friends tech swapmeat space out here at the monthly Northrop Grumman tech swap on the last saterday of every month. I have atm 4 machine builds written out to turn into the Hackintoshes I spoke of that should net much more than they would as mining pcs. (ALSO: If you have an AM3 cpu, 5770 gpu and the rest, let me know, I will gladly give you instructions on how to perform this feat)

Thats it for today.

I'm just after getting back from London(gone since Tuesday), charts.glbse.com is not showing any updates since the 12th.

For the moment, all the latest trades for GLBSE can be found on it's twitter feed here (http://twitter.com/#!/GLBSE/).

I'm contacting the operator of charts to find out what the story is.

Nefario

To date, I've received 34 btc.  I don't want you guys to think I'm doing something improper so if you want me to pay it out based on prop shares of the debt, I will.  It works out to about 0.00405011661953442718247681308235 btc per 1 btc owed.  So if you're due to receive 100 btc, you'd get .4 btc.  Thoughts?

yeah i'd like to see it distributed.

thank you!

After 3 weeks? LOL! Did shakaru get that job or not?

btw. shouldn't we pay up the smallest debts first to reduce the amount of debtors?

this question has already been covered in this thread.

Can you provide an update on this? More concrete date?

We are moving in over tomorrow and the next day. Then I can start getting some of the hardware up for sale in the next few days. I found on this harddrive some photos of the psus and some mobos here before I packed and Ive got a good list out of that. Items will start going up in a few days. I think I should be settled by the evening of the 21st if all is going as it is.

Wish I was closer so I could help you get settled in

I would have loved the help. I got to watch my brother back up a uhaul trailer into the security spikes. That was awesome.

So far I got what appears to be a box full of cat5, power cords, surge protectors, WiMax backup modem and switches. Im going to bring over another 2 boxes today after I hit up the doctor. If anyone has some items they are looking for or interested in, let me know and I can make an effort to bring back certain boxes on this run.

Also, I have the 5770s and the 68 series set for the hackintoshs. If anyone wants some advice on moving 5770s out the door for $100+, just put them up on craigslist as 100% hackintosh compatible. People go nuts to toss one in their fake mac.

Purchasing the debt owed to Ermsman.

Agreed upon by all parties involved.

Shakaru borrowed 2 BTC from me on Tuesday 03/24 at 10PM and he promised to repay me with 2.5 BTC the following morning. He keeps promising to have the funds, but has not sent them yet. It is now Saturday and i have not been repaid. I know he probably means well, but just want to make sure this debt is on record as well. I would think that he has atleast 2.5btc to pay me back, as it's not that much money.

 ???

I think the fact that he's still borrowing (and not paying back) is an indication that he needs a new forum status.

We'll be switching over to 2.0 in the next few hours, this means GLBSE will be down for one or two hours.
Assets,shares and bitcoin will be carried over, history (for the moment) will not.

Nefario

Why would you do that?  It's like throwing your coins down the toilet.

CoPumpkin, ask Maged about my pm.  I am ready to share.

[3/22/2012 10:47:11 AM] Brute: wheres my btc
[3/22/2012 12:17:50 PM] Andrew Nollan: coming right up
[3/22/2012 12:17:59 PM] Andrew Nollan: thanks for saving my ass
[3/22/2012 12:18:37 PM] Andrew Nollan: I had my roommate accidental toss away the bag with my insulin, and didnt have near the money I needed for a refil on 5 rx's had to moneypack it out of bitcoin

[3/23/2012 12:18:13 AM] Andrew Nollan: I do
[3/23/2012 12:18:17 AM] Andrew Nollan: and your money is coming
[3/23/2012 12:18:24 AM] Andrew Nollan: glbse is having issues with bitcoind
[3/23/2012 3:40:57 PM] Brute: yo
[3/23/2012 3:40:58 PM] Brute: not to be a dick
[3/23/2012 3:41:03 PM] Brute: but where the fuck is my money asshole
[3/23/2012 3:41:05 PM] Brute: *slap*
[3/23/2012 3:41:27 PM] Brute: if i was a loan shark, youd be walking with a limp already
[3/23/2012 3:41:31 PM] Andrew Nollan: You should have it by the end of the day
[3/23/2012 3:41:32 PM] Andrew Nollan: lol
[3/23/2012 3:41:47 PM] Brute: im gonna hold you to that
[3/23/2012 3:42:03 PM] Andrew Nollan: And Im going to follow through on that
[9:36:24 AM | Edited 9:36:56 AM] Brute: still no bitcoins
[9:36:59 AM] Brute: whats going on

I have a bad feeling about this..

Where is shakaru to respond to this. I thought the plan was to repay debt, not go further into debt.  :-\

I like your lending style :)

I wonder how much likuidxd paid for Ermsman's debt..  20%?

Brute, you will have your 2.5 btc later today. Just waiting on someone to wake up and send me coins.

Edit: In min. Sorry I didnt get back to you last night.

Edit @giga: Yes that was my plan, but I had an expense someone was supposed to help with and was just late on the help. Brute was nice enough to help cover the gap.

Other news. I got more of the boxes last night. Some mobos, lots of vga cables, dvi->vga, more psus, the 775 mobos, a stack of unknown status 775 cpus, the pxe server, and some ocz 4gb usb drives. Also 2 kvms. One is a ps2 linksys with 4 connections and cycleing, the other is a normal switch 4 port vga kvm.

Im going to see what can be used to go into the resale macs and then the rest will be up here.

Tomorrow I wont be able to get much done as I need to wire an office with cat5 for a voip system for most of the day.


If anyone in the LA area would love to get their hands on a hackintosh with great graphics power for an insane amount less that what they sell for at the applo store, let me know.

Thats normally our conversation style too :)

Also, if someone can help me verify my Craigslist account, I could use the help. They wont let me use my phone number anymore and I cant post up some of these desktops or any services.

Try using a Google voice number

Note to dollartrader: liquidxd is now the owner of all of my debts from shakaru.

Payment receieve. Debt Settled :)

The fund that imsaguy has up further in the topic has the address. Thank you senbonzakura in advance.

GLBSE2.0 is live

He will go further into debt.  And he will not pay anyone.  Talk to maged about my pm, then pm me for more info

And how do I know you?

Edit: Never mind, I know you. Didnt you watch while I took apart the whole op?

@Freeway If you have relevant information to the thread, please share it with all of us. No reason being obtuse.

@shakaru If Freeway knows something that the rest of us should know, you might as well come out with it.

Freeway would have to be the mother of my ex roommate. The situation was that her daughter and her boyfriend got kicked out of a home we were living in because the son of the people we all sublet from, came back from Arizona as a meth head. He had broken into our rooms, also I sure one of his meth head got one of pair of reference 5770s I got because it got up and left out of the garage.
Anyways, they spoke up one day, got kicked out and went to live with a family member on a couch for a month or two while they saved for their half of rent, utilities and deposit. About a month later I was told within 6 days of a move out date, that they family was being evicted. So now my girlfriend and I have 6 days to find a home. No notice. They had been taking our rent and not paying the land lord.
At the same time (we lived in an "awesome" city) the front house on the property was getting evicted, in disrepair and we had spoken to them and asked for the land lords phone number. After calling these people, we setup an interview at the office that was now SDM (about 40 days before the fire), they liked us, and it helps when you have the firsts months rent in cash to show instrest. We talked about some of the damage, like a missing window in the kitchen door, the out of code and faulty power, and some other things. We agreed that it would be fixed within a few days and we were all good. This was when I was told that my new roomates had less than $600 of the 925 they needed to move in. So we spoke with the landlord, talked to her, and got it cut into two payments so I they could pay their half next month.
Three things happend. 1) They never, even until the end got the deposit. 2) They didnt have their rent in full until about 10 days into the month the first few months 3) Our landlord disapeard for 2 months. Calls were undeliverable because they "were out of area", we finially got a text on day saying sorry about the missing door and power, but we are out of the country for a month. Also during this time we had people from banks coming by and taking photos.
So while I waited for their rent, and repairs were not being made, that we were going to withhold rent. But finally when the landlord showed up and made an appearance 2 months later, they still had none of the deposit, and told me that they were not going to be able to come up with rent either. At this same time, I had paypal giving me issues over the astana issue and another guy I thought was scammer, but just didnt understand how international shipping worked, and whipped my paypal account and forced me now out of the position of holding the partial rent from their side, and mine off into paypal. So I had to run around with 3 days to come up with as much cash as possible because it truly was my fault that I left that money in there in paypal. We payed that off, got our door finially, and then in the end the next month, when I asked where they were, I was told they didnt have anything more than rent and none of the deposit. So I figured it was all screwed. Then I find out two days later that the mother was apparently taking care of that, so instead of me renting storage and finding a temp place to stay, I would have just come up with 700 and been fine for the month, but now Im scraping by handing over a deposit, and we could have stayed. During the whole time we lived there, I got only half of a 1 month electrical use from them, and none of the required electrical deposit and had to pay $500+ and still owe so cal edison some money.
Please note, we lived in a slum. The previous tenants had a bill with the trash company, and the landlord did not call and release the names on the property until they came around months later after no contact. We had one 20a circut for 2 bedrooms, a living room and a kitchen with electrical only appliances.
This is why Im kinda in the position I am right now because there have been some not funness around in my life lately. If I either still had my room in the retard house out back, or the office up the street didnt fry, I wouldnt be in this mess.

I'll update OP shortly...

No comment.
Interesting... I heard the exact opposite. For your sake, I won't elaborate.
Interesting...
This sounds right.
Ok, I can accept this story.

At this point 1% would probably be too much. Take a look at Freeway's other posts made in february...

And that last post by shakaru, WOW! If it did not make my head hurt trying to read it, it would be hilarious. Anyone who still believes a word he says needs to get their own head examined.

@Freeway you have an interesting post history.

https://bitcointalk.org/index.php?action=profile;u=51428;sa=showPosts


@Shakaru is Freeway discussing you here?

You are right.  I'm sorry.  I just had to be very, very sure I was not making false accusations. 

Hello all,

I am mrbashfo and was wondering if andrew (shakaru) has told any of you what kind of hardware i ran off with? I had an interesting little chat through pm's with a member who shakaru owed money to. I paid shakaru back what i owed him and i am surprised that none at all went back into repayment. if i knew i would have just sent everyone who he owes some money.

Can you please elaborate with dates, amounts, etc?

Please provide the address.

the address that the payment went through? he asked me to send through the mt. gox code which i did. i have the pms where he requested that as a payment and even a guide! lol

EDIT i paid him back on feb. 1 i believe. the message i sent shakaru with the code should be in my sent messages. i can take screenshots whwn i get back from vacation for verification if you need. so if he still tells you i ran away eith money and a rediculous amount of hardware i can say that is a lie.

amount was 300 usd

Fair enough, then please post the pms.  If they can be validated, then the board moderators need to revisit their earlier decision.  These claims would seem to indicate a continuing pattern of deception.

ill admit it, he did pay back. I just didnt have a choice to use it to survive on the 1st of feb. These days I am not the most happy guy, and Im doing what I can to survive right now while take care of this. Thats why Ive been asking for anyone to help me get another job, thats why Im asking anyone with a way to help that still means I have to work (no free rides).

Hell. Ill even take shipped ramen noodles. I am in a bad place here people

Second edit: Not what I was thinking about here
I thought this was a 5btc debt. This money went right to gigavps via Dwalla. I have the screen shots.

Too little, too late.  This should have been brought to my/dollartrader's attention back then, not now.  This constantly finding out information after the fact from other people hasn't gotten old.

Edit:

This is the revised quote:

read the second edit on that post. I got confused due to the dates

This was the first house they lived in.  I was never clear on the whole story.  Could be partially true.  But if it happened to him, why would he turn around and do it to the roommates when they moved into the new location?  Especially since they considered themselves friends?
Partially true...
Yes, this true, except for waiting for the rent.  They paid him in cash, on time.


The Astana part is where I have had the most difficulty.  It does seem something bad happened, I'm just not clear on whose side.  In the beginning the roommates did only come up with their share of the rent, but no deposit.  The next month they gave full rent to Andrew, in cash, and this is what was lost, along with the utility money, again paid in cash.  And allegedly his portion of the rent and utilities.  This was December.  The next month, January, when eviction notices were arriving, the roommates again had their share of the rent, Andrew did not.  He came up with $400 and I paid the rest.  This time we payed directly to the landlord.  And this is when the roommates found out December had not only not been paid, but was apparently just lost.  Although there were an awful lot of xmas presents in the house.  The excessive amount of presents is actually what made me start looking into his business practices.

And they did live in a slum.  The landlord did disappear for a month or so.  He reappeared at xmas though and fixed the electrical and the door.  And for this very fact, the roommate had enough evidence against the landlord to prove he was a slumlord, that a response was filed against the eviction and the attorney was absolutely positive the eviction would be vacated.  But every time they asked him if they had mail at the house, he lived there until the last minute, he said no.  And when they were finally able to get the court information, the court date had passed, they both have an eviction and they both have a new $4,500 debt in court, attorney and past due rent charge.   :'(  Had been forthright, this could have been prevented.

So, he owes the rent and utility money, eviction costs, attorney fees, a 100 btc investment to them, and a computer that is yet to be built.

On a plus side for him, my tower crashed and he fixed it for me free of charge.  I'm sure this counts as a positive for him, but at this point I'm just not feeling it anymore.

I'm sorry Andrew, you forced my hand.

I was told on Skype by shakaru that mrbashfo stole "4x 4u racks with a large amount of hardware"

I also assume this is referring to mrbashfo, because it matches the same story I was told on Skype. How this man still does not have a scammer tag is almost as unbelievable as the stories he keeps telling.

Freeway, your messages seem to have gotten lost in the quotes of that last message, could you post just a blank message reply in here with what you were trying to say?

I sent just not to ilxuid the screen shots. Also, giga can verify that he recived $114usd via dwalla on the 10th of feb, and I got the money on the 9th of feb. Screen shot shows in and outs.

Anyways, I have to go wire some cat5. Ill be back later

I will confirm this.

Although a bit shady, this should have been brought to light from both parties that debt has been payed recently, it seems as though this money went to the debt.

EDIT: Imsaguy, if you would like these PM me.

Please forward so I can add it to my file.

Edit:  He forwarded to me and it looks legit.  I've added it to my file.

I can confirm that I received a payment for $114 by Shakaru on Feb. 10. I guess this was still two weeks before this thread was started.

Confirmed.  At first I was a little pissy because it feels like this thread has been going since February, but it really hasn't and I'm good now. :)

I have received an email from FreeMoney with copies of documents she claimed to have in this thread.  They seem to check out.

this was brought to my concern which made me bring up the question who else he told tgat i rsn away with such hardware.

Care to share?

My responses are maroon


Sure

Quote from: Maged on March 24, 2012, 09:20:30 PM
Quote from: shakaru on March 24, 2012, 06:06:33 PM
Freeway would have to be the mother of my ex roommate.
No comment.

Quote from: shakaru on March 24, 2012, 06:06:33 PM
The situation was that her daughter and her boyfriend got kicked out of a home we were living in because the son of the people we all sublet from, came back from Arizona as a meth head. He had broken into our rooms, also I sure one of his meth head got one of pair of reference 5770s I got because it got up and left out of the garage.
Anyways, they spoke up one day, got kicked out and went to live with a family member on a couch for a month or two while they saved for their half of rent, utilities and deposit. About a month later I was told within 6 days of a move out date, that they family was being evicted. So now my girlfriend and I have 6 days to find a home. No notice. They had been taking our rent and not paying the land lord.
Interesting... I heard the exact opposite. For your sake, I won't elaborate.

This was the first house they lived in.  I was never clear on the whole story.  Could be partially true.  But if it happened to him, why would he turn around and do it to the roommates when they moved into the new location?  Especially since they considered themselves friends?


[/font]Quote from: shakaru on March 24, 2012, 06:06:33 PM
At the same time (we lived in an "awesome" city) the front house on the property was getting evicted, in disrepair and we had spoken to them and asked for the land lords phone number. After calling these people, we setup an interview at the office that was now SDM (about 40 days before the fire), they liked us, and it helps when you have the firsts months rent in cash to show instrest. We talked about some of the damage, like a missing window in the kitchen door, the out of code and faulty power, and some other things. We agreed that it would be fixed within a few days and we were all good. This was when I was told that my new roomates had less than $600 of the 925 they needed to move in. So we spoke with the landlord, talked to her, and got it cut into two payments so I they could pay their half next month.
Three things happend. 1) They never, even until the end got the deposit. 2) They didnt have their rent in full until about 10 days into the month the first few months 3) Our landlord disapeard for 2 months. Calls were undeliverable because they "were out of area", we finially got a text on day saying sorry about the missing door and power, but we are out of the country for a month. Also during this time we had people from banks coming by and taking photos.
Interesting...

Partially true...


Quote from: shakaru on March 24, 2012, 06:06:33 PM
So while I waited for their rent, and repairs were not being made, that we were going to withhold rent.
This sounds right.

Yes, this true, except for waiting for the rent.  They paid him in cash, on time.

Quote from: shakaru on March 24, 2012, 06:06:33 PM
But finally when the landlord showed up and made an appearance 2 months later, they still had none of the deposit, and told me that they were not going to be able to come up with rent either. At this same time, I had paypal giving me issues over the astana issue and another guy I thought was scammer, but just didnt understand how international shipping worked, and whipped my paypal account and forced me now out of the position of holding the partial rent from their side, and mine off into paypal. So I had to run around with 3 days to come up with as much cash as possible because it truly was my fault that I left that money in there in paypal. We payed that off, got our door finially, and then in the end the next month, when I asked where they were, I was told they didnt have anything more than rent and none of the deposit. So I figured it was all screwed. Then I find out two days later that the mother was apparently taking care of that, so instead of me renting storage and finding a temp place to stay, I would have just come up with 700 and been fine for the month, but now Im scraping by handing over a deposit, and we could have stayed. During the whole time we lived there, I got only half of a 1 month electrical use from them, and none of the required electrical deposit and had to pay $500+ and still owe so cal edison some money.
Please note, we lived in a slum. The previous tenants had a bill with the trash company, and the landlord did not call and release the names on the property until they came around months later after no contact. We had one 20a circut for 2 bedrooms, a living room and a kitchen with electrical only appliances.
This is why Im kinda in the position I am right now because there have been some not funness around in my life lately. If I either still had my room in the retard house out back, or the office up the street didnt fry, I wouldnt be in this mess.

Ok, I can accept this story.

The Astana part is where I have had the most difficulty.  It does seem something bad happened, I'm just not clear on whose side.  In the beginning the roommates did only come up with their share of the rent, but no deposit.  The next month they gave full rent to Andrew, in cash, and this is what was lost, along with the utility money, again paid in cash.  And allegedly his portion of the rent and utilities.  This was December.  The next month, January, when eviction notices were arriving, the roommates again had their share of the rent, Andrew did not.  He came up with $400 and I paid the rest.  This time we payed directly to the landlord.  And this is when the roommates found out December had not only not been paid, but was apparently just lost.  Although there were an awful lot of xmas presents in the house.  The excessive amount of presents is actually what made me start looking into his business practices.

And they did live in a slum.  The landlord did disappear for a month or so.  He reappeared at xmas though and fixed the electrical and the door.  And for this very fact, the roommate had enough evidence against the landlord to prove he was a slumlord, that a response was filed against the eviction and the attorney was absolutely positive the eviction would be vacated.  But every time they asked him if they had mail at the house, he lived there until the last minute, he said no.  And when they were finally able to get the court information, the court date had passed, they both have an eviction and they both have a new $4,500 debt in court, attorney and past due rent charge.     Had been forthright, this could have been prevented.

So, he owes the rent and utility money, eviction costs, attorney fees, a 100 btc investment to them, and a computer that is yet to be built.

On a plus side for him, my tower crashed and he fixed it for me free of charge.  I'm sure this counts as a positive for him, but at this point I'm just not feeling it anymore.

I'm sorry Andrew, you forced my hand.

I validate this is the written debt I spoke of

I went ahead and fixed it.

Thank you

This is funny..thanks Copumkin

lol yes, i am on vacation watching this thread.

You know, bashfo also saw the op in person

Best post of the thread goes to copumpkin... I can't wait to see what happens next!  :D

There was not a whole lot of response and since its all or none at each distribution to keep things fair, I sat on it.  If there are no objections, I will distribute what I have received to date in 12 hours from this post.

This week on "Secrets of Shakaru": ...

Confirmed.  Thank you.

Just in case people haven't seen this:

https://bitcointalk.org/index.php?topic=73927.msg818057#msg818057

This a screen shot of Andrews [edit] Shakaru's, roommate's FB email.

EDIT, link has been removed by Freeway, actual screenshot should be up today, my apologies

Andrew, I am not making life harder on you.  You took care of that all on your own.  And screwed all of us over in the process.  And took advantage of your btc status and continued to lie to the community at large, accepting more loans, not paying anyone, except for very small amounts, but continuing to say, "I promise, I'm a good guy, just believe me, please".

You have a debt of over 4,000 btc. Plus another offline btc debt to another friend I am getting confirmed so that I may post that as well.   I am just here to let people know that you are as incapable offline as you are online in handling your business affairs.  Had you contacted us in a timely fashion, or better yet, notified Sage when legal mail came from the court, we would not be here today.  Due to your indiscretions and continuous cocky attitude that you know more than anyone, we are here today.  Had you contacted your roommate when the legal mail came, "btw, they asked you about mail many times," there would be no eviction or money due because we proved them wrong.  For some reason you continued to lie to everyone and it is costing you big.  

And yes, I did see the small farm, and I did see you dismantle it.  [it was completely dismantled and sold by January 20th]  It was running during the time the electrical problems were occurring at the house.  And you were making a profit and were spending excessively on everything except actual bills  

You had told everyone to use minimal electricity because the farm took precedence.  Ok..they did that.  It wasn't their fault your funds were, "locked up" at some point.  They did everything you requested.  So whatever happened you are to blame.  This was December, when you were trying to explain not paying rent, when your roommates had paid you cash, and that the funds were suddenly locked in never never land.  Don't really care why, that is your business dealing.  And if you used ur roommates rent money for this, that is a felony.  So, no, whether it was your mistake or not, it is your responsibility.  And if all of your funds were locked up, how were you able to buy so many xmas presents?

Oh, your roommates have an awful lot to say about bad business practices, bad graphics cards, items not being shipped out, etc., things being delayed, yadayadaya

You want me to stop?  Come clean with everyone.

Thanks for the information. Unfortunately, it looks like your screenshot link is just a link to facebook, which we can't see if we aren't you. Can you post another screenshot (possibly on imgur or a similar site)?

Please explain how and I will.  I lost being in touch w dos about 20 yrs ago :/

Dollartrader said he would upload the image for me.  Hopefully he got it and it is ok.  I can send it to you if you wish

Andrew, I am not making life harder on you.  You took care of that all on your own.  And screwed all of us over in the process. 

i'll try...

1. go to your facebook link, hold down Alt and hit PrtScn

2. open Paint and choose Edit > Paste

3. save as something.jpg

4. go to http://imgur.com and click on 'Computer' and then choose something.jpg

5. click 'start upload'

6. give us the resulting imgur link.

Thank you.

I think this should be it

EDIT, link has been removed by Freeway, actual screenshot should be up today, my apologies

Until I can get the actual screen shot posted, here is the text that I copied.  I know, a screenshot is preferrable,  I am just lame that way.

y6ep

SaturdayAndrew Nollan
So why is your mom trying to make things harder for me?

10 hours agoSage Tomiko Morimoto
because weve heard nothing from you and had no attempt at paying back for the money u took its getting a little ridiculous you said your still our friend but we havent heard from you once since we moved and shes not making things harder for you. you made things harder for yourself by taking peoples money without the means of paying them back

9 hours agoAndrew Nollan
Im trying to do everything I can. I just finally got into this place, but this all started back on the 1st of feb. We were all in the house then.
I finially have the phone back up. Give me a call ok?

about an hour agoSage Tomiko Morimoto
So u r at Jenny's? Feb 1, we were all ready evicted. What r u talking about?
   


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y6ep

SaturdayAndrew Nollan
So why is your mom trying to make things harder for me?

10 hours agoSage Tomiko Morimoto
because weve heard nothing from you and had no attempt at paying back for the money u took its getting a little ridiculous you said your still our friend but we havent heard from you once since we moved and shes not making things harder for you. you made things harder for yourself by taking peoples money without the means of paying them back

9 hours agoAndrew Nollan
Im trying to do everything I can. I just finally got into this place, but this all started back on the 1st of feb. We were all in the house then.
I finially have the phone back up. Give me a call ok?

about an hour agoSage Tomiko Morimoto
So u r at Jenny's? Feb 1, we were all ready evicted. What r u talking about?
   


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That facebook is correct. Look, Im not running from anything. Ive failed miserably. Im not saying anything different. I am trying my best to handle this as quickly as possible, but its a f*ed up situation. I am trying to survive right now while also taking care of all of this. Its not easy, Im stressed, and scared and I am still doing everything I can.
Im taking any advice I can get along with any leads that are passed onto me. Im in a real bad spot and by far the worst place I have ever been in my life. Alot of the time I feel like running, but I wont do that. I said I will make this right, and it will take time. But I will fix this.

Edit: Please remove names of people not invoved in this this. But I just moved in here on the 22ndish of this month, we stayed in the home until the 27th of feb and everyone stuff was still in the house atleast until the 15th.
Also, I called and spoke to Cody about the car and that there was mail. Was told they would be by that night, and we moved 2 days later and the car and mail was still there.
The date on the promissory note is 2/12/2012.

and as for not staying in contact.
https://i.imgur.com/B9OHr.jpg

I can and will dispute everything that was just said.  And i have proof.  Stop lying Andrew and at least come true with the local idiots

Edits that quick? I was out of the home two weeks prior cuz you creeped me out and were always in the living room where I slept in the middle of the night.  Just watching or whatever.  You told me your thoughts.  Dont go there. Creep.

You are trying to survive?!? F/O..  Had it not been for you and your false promises of hope.  Everyone would be sitting pretty.  Now, we r struggeling to put food on the table.  F/O Andrew.  You lied to us and everyone in the btc community.

Again, you want me to stop, contact me.  It does not mean you are safe here, but if you come clean, I might be able to help you out.

If not, you are a felon on the run..ur choice

You know, I will call you. I cant tomorrow because I have to handle some affairs and on wednesday I have an interview thats 2 hours away via metro, so its going to be an all day deal. Send me your current phone number over FB and we can talk. Im not running from anything and like I said, I will make this right.

August 26, 2011Andrew Nollan
I dunno. Want to get lunch today?
Lunch? Mother F*cker do you eat it?!

February 24Andrew Nollan
yo

February 26Andrew Nollan
hey. getting out of the place today and then trying to setting into the temp place. Once we are in Jens, I will take care of you two.

February 26Sage Tomiko Morimoto
k

March 14Andrew Nollan
your at work, arnt you?

March 14Sage Tomiko Morimoto
yep as always

March 14Andrew Nollan
figured you were bored if you were on facebook this much

March 14Sage Tomiko Morimoto
y6ep

SaturdayAndrew Nollan
So why is your mom trying to make things harder for me?

12 hours agoSage Tomiko Morimoto
because weve heard nothing from you and had no attempt at paying back for the money u took its getting a little ridiculous you said your still our friend but we havent heard from you once since we moved and shes not making things harder for you. you made things harder for yourself by taking peoples money without the means of paying them back

11 hours agoAndrew Nollan
Im trying to do everything I can. I just finally got into this place, but this all started back on the 1st of feb. We were all in the house then.
I finially have the phone back up. Give me a call ok?

2 hours agoSage Tomiko Morimoto
So u r at Jenny's? Feb 1, we were all ready evicted. What r u talking about?
   

Ehm, you can't do it tom., or the next day.  Sounds familiar.  But, Yes please, call me, Drew we were friends before, and than you turned on us.  I will talk talk to, give me a day and time, I will be there.  I can't promise positive results, but name the place and time, I will make it

You have had my ph# from day 1.  Find it

Why were Sages comments blanked out?  Doesn't matter I posted the whole thread further up. Drew baby, stop trying to hide things, it just damages ur case

Thankyou.  I tried, thought I got it, then fail..:(  I'm sorry

No, Imsaguy is doing just fine.  Not his fault the debtor has not repaid in  a timely fashion.  And who are you to this thread that you feel you have a legit opinion?

 :o The drama!

There's been a sale and a few more btc contributed to the fund.

Great. what are we up to now?

http://blockchain.info/address/1EykWMskDwbqacQAEMZ5AybAa8XQVbPN2o

40.01.  I asked dollartrader yesterday to make sure everything was current in the OP.  I'm working on pushing out the 40 right now.

Is the OP going to be updated with the payments made to various parties as well? Since people are continuing to sell their debt

Essentially, each debt is a line item.  You can change the name of the person and/or their receiving address, but each line is a debt item and will be tracked as such.  If you want to buy/sell the debt, the buyer/seller will have to do the maths. 

I'm also very need someone to buy the debt of my part.  :-[

@Everyone..My apologies for some of the hostility last night.  But as you saw from Shakaru's responses, I have no option but to be very direct.  There is always a delay, and it takes direct force to get him to reply.    >:(  And at this point I feel all correspondence needs to be conducted here for conformity.

I see you know him personally, do you think you would be able to extract (doesn't matter much how) the money from shakaru? I'd be willing to part with 15% of my debt, if everyone agreed, you could earn over 3250 dollars (more if the price of BTC increases).

I am doing my best.  Let me know what everyone thinks.  I should be meeting with Shakaru in the very near future.

Validated.  Once again, thank you Maged. 

to imsaguy, dollartrader and shakaru,

Please Ignore my "confirm PM". The offer of LikuidXd has been misunderstood by me. Thanks!

- Bitbird

I accept.  If anyone can get it, I will.  PM me to discuss details.

Bitbird, if LikuidXd made you an offer., no matter what it is, you should take it and run.  It is prob the best you will receive. 

Bitbird..When did ur debt occur?  You just showed up.  Is it a recent investment?

Good Morning,

I had intended to do payments a day or two ago, but there was a pending debt sale and they had asked me to wait.  That sale seems to not be going through now, so I'm inclined to push out what I have.

I've taken dollartrader's spreadsheet and added some of my own calculating goodness to it.

https://docs.google.com/spreadsheet/ccc?key=0AnzolfvAaL97dGlQZjZmcFMwTzlmbWJNUHdyZnM4M2c#gid=3

You'll notice that I lack a few payment addresses.  Please get those to me ASAP, otherwise you'll miss out.

On the second worksheet that is titled "Distributions", you'll notice there's some math going on to figure out how much to pay to each person.  It boils down to this. 

I took the amount owed in USD, converted to BTC based on today's mtgox prices, added it to the BTC owed and found the total debt as of today. 

I then took the 40 btc set to be distributed and split it evenly among all the BTC owed.  Everyone is being paid in btc, but the USD debt balances are still expressed as USD.  I've tried to be as fair as possible and I realize that I won't be able to satisfy everyone 100%, so this is what I came up with.

If you have any questions, please let me know.

Looks good imsaguy, thanks for doing this! My payment address is: 1E269gXpDoGT5bF2NnBqFHqrq4AJ1fU9rf

added

I am pleased to announce that my debt has been sold to juggalodarkclow. Please update all relevant documentation to reflect this change.

Did you get the job?  When will you be available this weekend to meet?  I am completely available except for Saturday morning.

Agreed, I have purchased Shakaru's debt from gigavps.

Damn, you sir are beyond brave.

i've been told bravery and stupidity go hand in hand lol

Witnessed.  I need a payment address.

1AHsp2crKA1VkWK6mM847NhqtnUjTHJHJX

just one thing.... the 'total paid' field has a dollar sign in it.... $40.01 is incorrect.

fixed.

Thanks imsaguy.

Payment address: 1NddbJtzZXvY2kBWH8sQEKiwkGF5nm5hmM

@Shakaru

It's seems funny that you seem to log off as soon as I log on.  Why is that?????


Summary - shakaru   Picture/Text
Name:   shakaru
Posts:   1485
Position:   Hero Member
Date Registered:   May 29, 2011, 10:44:51 PM
Last Active:   Today at 10:26:31 PM

And I am actually off tomorrow as well.  Anxiously awaiting your reply.

I am busy between 9-5 and wont be back into the area around 8pm. Give me your number over facebook.

I'm not friends with you on facebook.  I will PM you.

Hmmm. Clark Kent and Superman are the same person?

Ok, Im fucking done here.
Im tired of people who are no longer involved in this mess causing issues. Im tired of the fucking stress and most of all, Im tired of reading this thread.

So, the people who are still involved can contact me on skype like usual. The Bitcraft server is still going to run, and besides liquidating the rest of the assets here and repaying back everyone for the remainder of their contract, Im done with this forum and bitcoin.

Im not leaving, Im just not putting listening anymore. This is the advice Payb.tc gave me and seeing how he is the one most effected by this, Im going to take that advice.

I'm sorry this is stressful for you, and I'm sure you're having a hard time, but if you accept a load of money from a bunch of people, lose it, then make up lies about losing it to try to delay them finding out, you should expect some stress.

I hope things get resolved for you and all your lenders, but it's harder to have sympathy when we find out about you taking out more loans behind your existing defaulted lenders' backs and the like.

On a side note, if anyone else is looking to get out of this PM me today and arrangements can be made for the purchase of your debt.

Also, quit the reiteration and if you aren't involved, stop posting here. Thanks

Payments went out.  Malevolent, Tril, and bou707 have btc coming as soon as I get addresses.

Yeah... no! I do what I want, ‘cause a pirate is free.

You know what I am tired of? Waiting for the CPU you claim you sent med the 16th of February. I am tired of all your lies, I am tired of all the BTC you have cost me, I am tired of you acting like you are some kind of good guy and big-shot, I am tired of you still trying to scam more people here.

I've not been keeping track of this thread, would it be correct to state that shakaru has fully, or mostly repaid his debts? Or he is in the process of doing so?

Nefario.

Owed: 4000 btc
Repaid: 40 btc

1%

and I am selling everything I have right now to cover the gap I hit in having to move and reseek employment. Once I get a paycheck back in my hands, Im going to place a preset % to go into the fund.  Payb.tc posted and interesting link a while back on debt management and this was one of the things that the article spoke of.

Im currently on a break right now on a project so I will check back later today.

https://bitcointalk.org/index.php?topic=65989.msg768820#msg768820

My apologies.  I'll add it to the doc and get you your btc.

if I win the Mega Millions tonight I'll buy the total debt from all of you ;)

Andrew

You have owed me 10 btc for awhile and I did not want to start any more trouble for you than you already have by reporting this because I know you have a lot to deal with right now and even though I realize you lied to me its ok - I forgive you man and I hope you are able to get back on your feet. I am sorry you are so over your head, that little 10 BTC you owe me, forget about it the debt with me is cleared take it as some free good karma to turn around and do the right thing - pay it forward and get yourself out of this situation.

good luck

-Tom

Good Man.

Shame you didn't have BTC address, I would send BTC to you.

What? really? Thank you Tom. If you every need anything, I owe you. Just feel free to ask.

Here is Toms address btw. Give him some love

1MhRLDQyTt5S4sihdfxNq2QqCUJFnWbiSy

its ok - really if anyone feels compelled to donate please donate to the paying off of all this debt

This tells me a lot about how much learning you have to do.


Good Luck,
Shakaru

thanks for your efforts, imsaguy... sending you a little tip out of it.

Grazie

imsaguy, any updates? Payments? Promises?  Got kinda quiet on my side

Did you ever meet with Andrew face to face over the weekend?

No.  More delays.  That is why I'm checking in here.

No, pretty quiet on my side.

Thanks

Any updates regarding this?  ???

Im still here. Im just waiting on some details right now to come in before I speak to anyone. Also waiting to see how the auction plays out.

The Chp 13 that no one knows about?  The liquidation that can't happen cause there are no components?  The unlocking of your GLSB accounts because Nefario mistook you for someone else?  The meeting with me, that you are too scared too hold, even though I am the only one that can help you?  Or imprison you?  The golden goose to lay an egg???

What exactly are you waiting for?  I am your only hope, for anything.  I can make you.  If not I WILL break you.  Should I post the PM's where you are delaying?  But in your words, not dodging.  I have already talked to attorneys.  And one is really excited to take the case.  It will be ground breaking.  And it will be successful.  I am willing to take a shot to see this happen.  Might be long drawn out, but it will be exciting. And even if no one gets their money, they will get justice.

Now your friends from near and far are joining me.  I even have offers of payment from others.  You know.  Collection fees. 

And what does the auction have to do with you?  Unless you have an alternate identity that could benefit from it?  You will owe the full amount, no matter what.   I have block chain records to prove it.

Still want to put me off??

I allways read the company name as Shady Minoco from the start for some reason.

Now I know my judgement were not in vain.

Of course he is, any attorney will realize Bitcoin cases are getting media attention, your attorney probably doesent even understand the full extent of the case.

Any negative lawsuit you bring on will only be negative for Bitcoin, you will be hurting everyone here including yourself and it will likely not get you any money.

If Shakaru did this under a business, he can file for Chap 7 or 11, if he has no money then the debt consolidation wont work as well.

EDIT: He can also file for 7 or 11 personally.

Just sayin

Shakaru can apply for Chapter 7 or 11 as a person too. If he did as a business, his personal assets would be protected (unless fraud).

Good point, I stand corrected on that point.

I posted my address in my previous post...
Here is a new address 1K45KnWAHmK12s6xaUiqvjpLtdzTMBA8cJ
I have been waiting to be paid since August and shouldnt I have at least some priority ($150).

My apologies for missing it.  I've sent your share just now.   The problem with determining priority is do you go by amount, by date, etc which is why I opted to ignore dates and distribute based on percentage of debt.  There was a long opportunity to comment on that before now. It stands how it is.

I know this.  This is why I want to be very sure I have accurate info that will portray this community in a positive light with the exception of a few people that will take advantage, as their are in any society.

Imsaguy has collected all the original debt info, what I am looking for now would be where exactly did the money go once it arrived in Shakarus hands.  If my understanding of bitcoin is correct, this is possible to trace.

Then with this a judgment could easily be obtained for everyone with a debt.  In the meantime, if Shakaru comes through with his promises, this won't go forward.  Or if everyone here disagrees with me, I will go forward with my own case, mind you there is btc owed to us too, so it will still be brought up, because I am unable to collect our debt here. 

Once Shakaru had the btc, it could have gone to a myriad of places: exchanges, personal wallets, etc.  There's no way to tell unless you're going to subpoena everyone.  MtGox generates private address for each person's deposits, so its not going to be an obvious "oh, that's an exchange transfer". 

Yes but not everyone paid with BTC, some (including me) paid with Paypal.

I disagree, Yankee.  As the saying goes, "There is no such thing as bad publicity except your own obituary."  :P

Hi imsaguy,

Just noticed received 8.13 BTC in 2012-03-30.

https://blockchain.info/address/12oXQubjy62tvBr9AykDBCLE6ngfGsPW3C

Please confirm. Thanks!

you must be 'd6'

https://docs.google.com/spreadsheet/ccc?key=0AnzolfvAaL97dGlQZjZmcFMwTzlmbWJNUHdyZnM4M2c#gid=3

Yep, that was on purpose.


https://docs.google.com/spreadsheet/ccc?key=0AnzolfvAaL97dGlQZjZmcFMwTzlmbWJNUHdyZnM4M2c#gid=0

It shows who is who.  I didn't want to have to go editing multiple sheets each time someone sold their debt.  The d# represent dollar debts, the b# represent bitcoin debts.

Hi all-

This situation is quite tragic.  I never had any financial dealings with Andrew, but since he lived near me I was able to buy parts from him from time to time.

I have since moved to Seattle and need help re-racking a bunch of my mining gear.  Andrew offered to help and I have agreed.  I offered to fly him up here, pay for his hotel for three nights, and pay for his food.  I have since offered to pay him $50/day for his work for four days = $200.  I'm offering to pay 20% of that to the fund ($40/~8 btc) so that debtors are also getting something.

Let me know if this sounds fair.

I accept this. Thanks for making this public

This is very kind of you.   :)

8 btc sent!

confirmed.

@imsaguy Thank you! Could I watch the sheet without sign in Google account?

no

Anyone can view the link, yes.  You can't "subscribe" to it without a google account however.

hi imsaguy, my portion now belongs to kluge:

https://bitcointalk.org/index.php?topic=74926.0

thanks

I've now sold that portion in its entirety to Teek. He now holds the entirety of what was originally payb.tc's debt.

I'm going to need a payment address.

I'll post one later tonight.  Thanks imasguy!

@imasguy - repayment address - 16y37b9eKiB4VVXYLs3MEvTZ5yTqi2ysZw

Figured I might as well post this here too. He currently owes me 2 btc for a cpu. While not the largest debt in the world, it's another transaction.


Edit: He's contacted me again, and this time is going to give a tracking number. We'll see how it goes. 4/17/2012

this thread has been quite quiet.

Still some action over in this one..

https://bitcointalk.org/index.php?topic=67352.0

Bump

So now that he's labeled a scammer, is he on the run now?  :-\

I talked to smickles the other day and he informed me that Andrew (Shakaru) has been reselling his code and not giving smickles any of the profit. That's not OK in my book. Especially because I purchased the stuff fair and square and was promised it wouldnt be released anymore.

Yeah, go have a drink. That'll help.

Lmao, so he looks for a reason to be upset even though he gives plenty of reasons to keep upsetting others who lost/is losing their BTC in his black hole he calls investment opportunities?

Looks like our friend shakaru has realized that he will not be able to scam anyone else and has left the building.

I would be very careful with doing business with new users on the forum as I am sure he will try more scams with a new identity. From the dealings I have had with shakaru, there is no way he is able to make any money in an honest way.

In the end I was able to make a few bets with the many shakaru supporters here, that he would not pay back much of his debt. Made back most of what I lost in this, but it still makes me very angry that someone can steal over $20000 and get away with it this easy.

Finally, thanks to Freeway for her efforts to expose the truth here. If not for her, I am sure shakaru would still be scamming.

lmao!  I did not know you had side bets.  If I had known I would have taken part.  lulz  keeping secrets from me.  For shame!!!

J/K Bits...Luv ya and again, I am sorry you crossed Andrews path, but am delighted you made money off of it.

+1

That is what payb.tc thinks was said.


This is what Shak sent me in a pm.  I know it is not proper to post pm's.  Just making a point

And if anyone cares, Payb.tc blocked me during his auction.  So if any of you care about him, let him know that his name is still associated w Shak's.   :(

Freeway, you are shady and weird and I don't blame anyone for blocking you.

Also, I had a *relatively* good recent transaction with Shakaru over some ram so I've donated 1.222 to the collection fund.

Good to hear, now lets ignore the other $20k+ of trading money still left unpaid by shakaru.

What a good guy.

Understood and appreciated.

I sincerely hope you sensed my sarcasm.

Of course, I appreciated it. :)

If it is weird to care enough to let someone know their name is still being tossed around by someone they are no longer involved with, so be it.  I am weird.  You should try it sometime.  You know?  Being nice?

And I am so glad you had a "relatively" good transaction with Shak.  I noticed it took quite awhile though.  And I am sure all of his other debtors will be doing backflips over your "donation"

Wow, and yet... I still haven't received my damn CPU. Good thing the 2btc went to the fund and not Shak.

I actually forgot to mention, you probably own memory that belongs to investors who shakaru still owes money thus you are more than likely in possession of stolen/others goods right now.

*asks himself* Why did I just read that and the other linked threads...?

Not gonna add my opinion into this, cause frankly it really doesn't matter what i think..

I am curious about one thing though. I noticed in the linked irc chat log where he mispelled Amazingrendo there was mention of Wiseoldowl running off with 300BTC belonging to Deslock.

Questions;

Was the 300BTC handed to Shakaru, who was supposed to facilitate the purchase?
Or was it handed directly to Wiseoldowl?


Sigh,
  Sadpanda

I don't know how close everyone's been watching but as of late, it seems there is someone mining on the collection address.  Its collecting about .1-.2 every couple of hours, so while it isn't much individually, over a month its going to add up to a little something.  If the person(s)  that are contributing to the address are watching, please set the pool to lump the payments into slightly larger amounts.  When it comes time to send, all of this change is gonna get pricey because of transaction fees.

Its me. Its 1.3ghs running. Im having issues with cooling on GPU 1 right now so I have the system off until Im am either home to watch or can solve the issue.

Just a heads up that I will be doing a payment at the end of the month for btc collected during April/May.  Make sure the spreadsheet in the OP is still accurate with your information.

It doesn't look like the ownership of the payb.tc / kluge debt ever got changed to me https://bitcointalk.org/index.php?topic=65989.msg844881#msg844881

payment address : https://bitcointalk.org/index.php?topic=65989.msg845563#msg845563

thanks imsaguy.

My bad.  Updated.  Please double check to make sure it is accurate.  :)

I really hoped it wouldn't get to this, as I didn't even need the switch and was trying to do a good thing here, but:

https://bitcointalk.org/index.php?topic=66660.msg773884#msg773884

So, can I get my 10 btc back?

If you are going to visit shakaru, fine, go visit him. Why you keep announcing it is beyond me.

In the meantime, when all of this 'talk' started, the mining on the refund address stopped.

Probably bookin it for the hills, after having put the rig in hock.

Good of you to tell him so he can hide it :)

You forgot part 2: Fuck it up for all of the others who are owed money.

I only started this after it was clear he ran..

And if you people think your getting anything back that comes anywhere close to what he owes, youre gullible and stupid..

Its come to this after months of him and his stories, "Im doing amazinggrando some work, hes paying me on monday, blah blah blah," - shakaru

"No more stories, I promise!" - Shakaru

" Once I get back from amazinggrandos he's sending me coins.. blah blah blah" - Shakaru

"Ill have the coins next week, if you can wait till then that would be great" - Shakaru



Any of these ring a bell folks ?  As Im sure he said the same bullshit to everyone..


How much coin do you think you'll get after he blows it on insulin and pot ?  If he even IS a diabetic..   ???

Time to stand up and smell the funk that is Andrew Nollan.

I wouldn't call buying insulin 'blowing it'.  Pot is one thing, but if you need medicine, you buy medicine.

I agree, but really, what out of his low life mouth can you believe ?


also FTFY

Was about to say, Why should anyone believe he is even diabetic? Only sickness he confirmed to have is thievery and a high degree of it.

Finally! someone with some basic common sense. Clipse I have a new found respect for you. :)

Everyone that has been scammed, is, for the most part in denial.

The trickle fund is the best scam yet! 

And everyone is happy that hes paying back 20 thousand dollars, one satoshi at a time..

Maybe, on my death bed in 30 years, he might have paid back a WHOLE bitcoin...   ::)

Well Ive been trained to spot a scammer 20km away, I live afterall in South Africa and we get alot of North African scammers into our country ;)

Great place to do business/make money legit however also easy to lose all your money if you arnt carefull.

Pot is medicine..  In California...

Totally agree with teflone and Clipse. The rest of you need to open your eyes here. The reason why shakaru was able to steal as much in the first place was that everyone was saying what a good guy he was, he had just been unlucky, he would pay back etc. Meanwhile every story from shakaru became more and more unbelievable.

I have PMs from several people begging me to stop calling him a scammer, because they were afraid they would get nothing if the truth came out. No one seemed to care that the longer this went on the more people he would be able to scam.

The truth is that no one will probably see another bitcoin from shakaru, so whatever teflone does will not matter and it will certainly not: "Fuck it up for all of the others who are owed money." Best thing that comes out of this is that teflone can cause some problems for shakaru in his real life and maybe that will deter someone else from trying the same.

This is the single most important point to make here..


This is why it got outta control, everyone thought they wouldnt be the next, plus his stories recycled over and over to each person.

He must have gotten to the point of PM's on here being maxed out with the number of people he had promises to EACH day..  no wonder he didnt respond..   lmao...

The long con.

This is the only reason why it took so long to give him the scammer tag. Pissed me off. I had absolute proof that he deserved the tag, but the peer-pressure got to theymos. Sadly, it also got to me, because I didn't push for it as much as I should have.

In hindsight I wanted to make a satyrical comment when he first started his shades minoco thread on this forum but figured it would be taken the wrong way. Basicly, his whole scam is all in the name of the company, in a fked up way if you read Shades Minoco it will sound like Shady Mining Co. , atleast thats how it rang in my head.

You know what they say about hindsight, right?

She be a beech who eat all the cookies? :P

Someone has cookies??  :o

Had mint girl guides cookies, shipped them to Andrew, waiting for the repayment fund to fill so I can get paid.

My grandma absolutely loves those cookies. Too bad she can't eat them because of her diabetes.......

lmao... good one :)

Guys,  he said it himself right in the beginning.   >:(

Maged, I am so sorry.  I know your hands were tied and you wanted to do more.  Emotions or not, you always knew the truth.  And fought for it.  Thank you

Legit bump.  Has everyone given up ???

Have you seen or spoken to Shak lately?  He seems to have left the building..

Last Active:

May 09, 2012, 05:27:14 AM

hes on skype all the time. just hiding from his shame, im sure.

I've been debating selling the trading bot he and smickles sold me and donating the btc to the guys that he fucked over.

So it doesn't work then..

I've been trading with 400 btc and its been earning every day. rarely does it lose, most of the time it breaks even if the market fluctuates too much.

Is that the bot from this venture?  https://bitcointalk.org/index.php?topic=67352.msg940801#msg940801

If so, how much did you buy it for?  Andrew should have paid those proceeds into the fund. Another theft?  :-\

No, I have not.  He is keeping a pretty low profile.

I don't think it was from that thread, but i paid $400 for it.

Hmm...If it was bought recently, I am sure it is.  At any rate, you would not be at fault in any way.  I am just adding to my mental list of Andrew's many lies and thefts.  Someday karma will catch up to him and I am sure it will be un-pleasant. 

Thanks for the quick reply

It is the same bot & AFAIK he was selling it for Smickles and it was before the fund was in place.

Couldn't have been before because he was in control of it in April.  Unless he was just managing it and had no financial interest.

Suuuuuuuuuuuuuuuuuuuuuuuure he was...

Teflone:  Thanks so much for grabbing this comment.  Senbo deleted it already.  Typical men..deleting shit before the women find out. Errr  

If this does not make people wonder about Senbo and Andrews relationship, I do not know what else will.  So, where are the proceeds of management fund and sale?  The sale netted $400.  Anyone see a proceed?  If not senbonzakura should have your proceed since he is so well connected with "The Shady Mining Company"

Are you serious? I'm sure you can not be.

It appears Shak has left the building and is no longer paying in. If you are in the business of collecting from him, contact me via PM.


@imsaguy- What is the status on the final payout from the fund. Am I incorrect? Is it still being funded?

Last income I see is 5/29/2012.  The mining seems to come in spurts.  I'm processing a refund for an escrow of a transaction that was supposed to benefit the fund, which leaves 3.67866741 to be paid out.

We tried that before.  Try again?  Or maybe you should try Teflone.  He seems to be taking this pretty seriously.

EDIT:  I have apologized to Senbonzakura.  He is just being helpful and I am jaded.  The bot was sold though and I don't believe any proceeds went to the fund.

Imsaguy, was there anything? 

Not that I know of.  There's only 3.xx btc outstanding to be paid.  I don't necessarily know who is sending the btc to the address, only that it was received.  Lately they've all been .1, .2, etc amounts which is shakaru saying he's mining.

Thank you. 

I want to add to this thread,
I haven't logged in a while, but I just came back to the community and there are some posts here that need straightening out.
I do not owe andrew one cent or bitcent for that matter and never have.
I facilitated transactions for him between cash and btc and that is all.
I also do not owe deslock 300 btc... I owe deslok 3 btc which I still have unspent (he sent it for an order of canvas, people do not buy 300 btc worth of canvas... unless it is painted on by a famous artist) and that was accidental because i did not remember his order of canvas when i got really busy.

Anyways andrew knew i was busy in my real life and it appears that he has used my name thinking i would never come back and log in.

I take my rep serious and i just want to clear up this misinformation.

Andrew, if you do one thing else on this forum... maybe you should consider coming clean when it comes to me.

*Edit - Deslok has been sent a refund plus interest, and been sent the canvas plus interest in addition to the repayment.

Hi everyone, I wasn't updated so much about this situation.

Is that spreadsheet still updated?
Is there any hope there will be further payments?

Thanks

I've received 2x5 btc transactions over the past 2 weeks or so.  I've not updated the spreadsheet in about 2 weeks.  I was planning on doing one at the end of the month.  The 10btc when split up ends up making a bunch of change which then gets hit with fees and eats up what very little of a refund there is. 

Use sendmany. 1 fee, multiple payments ;)

Last Active:   July 06, 2012, 02:57:17 AM

I think he finally did a run for this.

I think this was evident after he went two months without a post. I'm pretty sure that's when I listed him onto my theft list.

So, has there been any progress with this dude?

He's going to pay, right after pirate does..

Ahh, OK, so when hell freezes over.

Just find it strange that people have just let him off with a crazy sum of money, surely someone should try their hand at getting a debt collection agency involved, or something at least, we know who he is and where he lives after all.

Yes *somebody* should do something! As long as that somebody isn't me, right?

I don't find it strange that the forum is all talk, no action. That's just like every other forum on the internet.

I sent Andrew a message on skype tonight asking for our money, I'm curious as to what he'll say

Haha, we'll see: https://bitcointalk.org/index.php?topic=120621

No response at all? Lol.

Life is hope. I guess?  :-\

go to link in post above yours for his response but nothing else besides a happy bday message to me a few weeks ago

it's called bitcointalk, not bitcoinaction :P

Haha spent a couple of hours reading up on this thread. Amazingly entertaining drama. Even more amazing how gullible some of the guys who got scammed were.

This post is just such a great example of the classic tell that when someone is lying they tend to add way too much details to their story. If someone is writing a book on catching scammers it should be included. I mean the kitchen door window was broken, pertinent info right there LOL.

Welcome to the ranks of people who think they know so much better than everyone else. You'll fit right in.

Lol...

Now would be a great time for me to get paid what I'm owed.

I've gone out of business, I've had to short sale my house, I moved in with my parents, I'm about to lose my car, and I can't find a job.  This asshole owes me a life changing amount of money.

It seems that we know his real name is Andrew?  Does anyone have a full name or address?  I have a lawyer that owes me a big favor and will go after him pro bono if I ask.

His real name is Andrew Nollan, Freeway (posting above yours) used to know him, also teflone had some info on him, but that was all 1.5 years ago, I lost all hope of recovering the money and would be surprised if anyone succeeded in recovering theirs (luckily for me I was one of the least affected victims). Good luck, though!

Right! Andrew Nollan. This is quite difficult to be forgotten.