Bitcoin Forum

ive been scanning this section for the past few days and theres been a blow up of fucking ponzis lately. all the same damn user im sure, just making new account after new account. MODS wake the fuck up and ban the ip of these guys. we need to stop allowing users to be scammed

Ponzi is not against the forum rules , but as you see who running/manage a ponzi deserve a negative feedback.

This is the definition of the gambling section :


"Gambling and all "investments" that are so risky they might as well be gambling (HYIPs, pyramid schemes, etc.)"

Banning IPs won't help. Some are already banned so they'll just use proxies or tor and pay the fee. We'd gladly remove ponzis if it was part of our 'job' and against the forum rules, but at the moment it isn't. Staff aren't here to protect people from losing their money; you can never stop that and it is down to the individual and community to police instead.

Still of the opinion that moving them to a trial board would be a significant improvement to that section
Just my two cents on that.

I agree any new ponzi thread started should be deleted immediately. Loads of them lately from brand new accounts and websites, they're all set up with one intention and that's to scam.

And also people wondering why bitcoin price has been tumbling, one of the reasons is because thieves from ponzis and other thefts are dumping them.

Delete these posts and ban the user and do us and bitcoin a favour.

Or just get someone in the default trust list to post feedback on the user so people can see and make their own choices.

This is probably even more of a spam issue than it is a scam issue. I agree with leaving negative trust on them if certain conditions are fulfilled (https://bitcointalk.org/index.php?topic=927206.msg10182231#msg10182231), however this probably results in them creating a new account/thread.

So many of these ponzi's pop up that it is tiring to keep up with all of them. I have probably given negative trust to 20 or 30 of them but I am sure there are a lot that I missed.

I have noticed that a lot of them are essentially illegally bumping their own threads with likely shills. I also noticed that a lot of the ponzi's that I gave negative trust to now have something on their signature's that indicate they have been banned. Hopefully the mods will continue to be very aggressive in banning the ponzis who continue to spam, and to follow up with ban evasion bans when they use other accounts to evade their bans

You know how you might be able to stop these scam ponzi sites? Have a very trusted member properly setup and secure a ponzi site. Let them take a tiny percentage per transaction or something to make it worth their time. Wouldn't this would at least put the scammers out of business for awhile? Where would you rather "invest" well actually "gamble", a site run by a brand new member or a very trusted member?

I know it's still a ponzi and eventually people will get screwed. At this point, there is nothing you can do because people just don't listen and continue to throw their BTC at these sites... but IMO, this is better then having new ponzi sites pop up a couple of times a day that are planning on scamming once they reach their goal.

I know, I know, It's a long shot since nobody is gonna put their rep on the line by starting a ponzi. That's why they are create new accounts or buy accounts. Just a thought :)

The problem here is that you would be running the risk that the ponzi gets so successful that the "trusted" member of the community would be controlling so much money that his reputation would be worth less then what he controls. At this point he will obviously run away with the money which would result in everyone getting scammed

Same could be said about dice sites and other gambling sites though... there are a couple here that hold a large amount of BTC and have been doing fine with plenty of chances to run. Then there are the others that scammed. IMO, this would still slow down the dozens of scam sites popping up.

It was just a thought. Maybe someone can figure something better out because these ponzis won't be going anywhere anytime soon.

The dice sites did not get 100's or 1,000's of btc in deposit overnight. They needed to gain the trust of their customers over many months/years. With ponzi's they would quickly be trusted with a lot of money in a very short period of time. Just look at what happened with cryptodouble (?), they were able to run away with 1k+ BTC after being here for only a few weeks max.

I think the only way to protect the community from ponzi scams is for someone on default trust to give negative trust to anyone who tries to start a ponzi scam

i'm taking about people who have built trust over the past few years though. Didn't cryptodouble just pop up out of nowhere? Maybe they could start small with limits that go up over time or something.

Still have to worry about bought and hacked accounts and a bunch of other things. Then you will have the other ponzi scams "guarantee" a better return. I know it's a bad idea but something has to be done because these sites are not going to disappear. Honestly, negative trust hasn't done much at all so far has it? Don't see that changing.

Yes crypto double more or less came about out of nowhere. The problem is that people will trust this trusted person very quickly with a lot of money.

There are probably a good number of people on here that could/should be trusted with 20 or 30 BTC however the number of people goes down to less then probably 5 when you are talking about 1k+ BTC

Hence the need for restrictions, that I've been calling upon for long.

yep i agree how is  "i got paid" with no evidence not spam? lol and you know they just doing it to bump the thread because no ones depositing.