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41  Economy / Service Discussion / Re: Esoteric Investments, LLC (up to 1% earnings) on: October 26, 2014, 08:38:43 PM
I have been invested with Esoteric Investments since the very start. I am https://www.esotericinvestments.com/?refid=3 which is actually one more than Glenn's partner Dan XD
Anyways, I have put in $100 when it started, and I have not once felt that my money would be lost. Glenn and I stay in contact every day and have become good friends and I feel I can trust him, just as you all should as well. But I can't force trust and it's something you're gonna have to find on your own.

Thats how a PONZI works u poor victim ... (u could be a fake account tho)

It's also how people legitimately gain trust.

I randomly met him on cryptsy chat, and we chatted a bit and exchanged Skypes.
He taught me how to arb, and a few other tricks and what to watch for.
I've helped him with ideas as to what to include on the website, and I gave him the idea to start up his trading pool. (Esoteric Investments existed before the pool, but it had kinda faded to just him)
I'm helping him create games for the site, and in general for the company.
We give eachother ideas and tell eachother when we notice good trades/coins.
I help look over pages that are added to the site to make sure they're clear and correct.
He vents to me about crap in his social life, and I to him.

That has all happened over a couple of months...

I may not know him face to face (we live on opposite sides of the country) but I trust him, and I feel I can count on him as a friend (we are friends on FB Tongue). It makes me disgusted to see people dismiss him and the company as a scam.
42  Economy / Service Announcements / Re: -----Tired of losing money? Let us trade for you!----- on: October 26, 2014, 08:26:03 PM
I have money invested into the company, and here are my personal payouts.



You'll get an email each day with the % of the day and the amount you made.
43  Economy / Service Discussion / Re: Esoteric Investments, LLC (up to 1% earnings) on: October 26, 2014, 08:09:51 PM
I was able to verify "Esoteric Investments LLC" is registered in NJ. That's all the records show without paying, anyway. From what I can tell, using anonymous shell companies is pretty common in USA, and especially in New Jersey. And besides, Trendon Shavers' identity was well known early on, that didn't help much.

Thank you for actually checking to see if we were verified instead of merely dismissing us.
I'm not sure about shell companies, but then again I'm not well rehearsed in major scams either Tongue

We have some more info if you're interested.
https://www.esotericinvestments.com/pr/oct-22-2014.php

Is there anything else I can help with? And sorry about Digi, he can be a bit rambunctious lol

Without proof the funds 'invested' are not being used to fund payouts, the only reasonable course of action is to stay far away from schemes like this.

That's absurd logic. Think about this....10 ppl invest, all their funds go into a cryptocurrency on the exchange, the coin(s) are bought then sold at the higher price for profit. Then the funds are placed back in the pool and a payout is calculated based on the amount of profits made. So collectively all the investors' funds are creating profit and by proxy funding the payouts.

How else would profit be made and paid??? From thin air!?




It wouldn't. The operators would take funds from their investors and create the impression of shating profits by paying their victims a small portion of the funds they 'invested'  whenever payouts are due. The users, happy, report success, convince new marks to join and possibly throw more funds at the scheme themselves. This goes on until the amount to be paid to victims exceeds the amount of funds coming in from the victims.

There is no place for trust in giving money to strangers. If a 'business' can't prove they're not operating as outlined above, especially when claiming to operate an investment scheme, they are to be avoided at all costs.

Then how would you like us to prove it to you?
This is not a HYIP, this is a trading pool.

How to prove it? Simple, produce evidence of the trades that were made. Screenshots of completed trade-orders would be a start, but they could be doctored. A read-only API-key would be better.

I can talk to Glenn Crystal about this. I speak with him daily, I'm sure he'd agree to give proof that it is being traded.

Digi and I spoke with Glenn via Eso chat, time is Eastern:

@Big Deej: In the forums an idea was posted that I'd like to bring up with you
(15:58:54 PM)  Digicoinz: Exchanges have API's that can be setup
(15:58:58 PM)  Digicoinz: for read only access
(15:59:09 PM)  Digicoinz: which you could use to show trading activity
(15:59:19 PM)  Digicoinz: in fact you could setup a live feed to the website showing tihs possibly?
(16:02:52 PM)  Big Deej: its something we would have to build out
(16:03:26 PM)  Big Deej: We have more than 1 person trading the pool and across multiple exchanges we would need to compile it all down into a summary for the entire pool
(16:03:41 PM)  1RuneKing: oh hey, you are here
(16:03:47 PM)  1RuneKing: okay, digi got ya first Tongue
(16:03:56 PM)  Big Deej: as i said on/off today
(16:04:18 PM)  Digicoinz: ya that would be an important implementation. and would quell ppl's worries a lil
(16:04:26 PM)  1RuneKing: indeed


Also I talked with him on skype, time is Pacific:


[1:01:50 PM] Rune King: Hey, could we get some screenshots of trading? Or a read only API-key? There are some people agreeing that these would be the best way to verify that the money is actually being traded and us not being a HYIP/ponzi
[1:04:36 PM] Glenn Crystal: Yes/no
[1:04:44 PM] Glenn Crystal: I have to get all that put together
[1:04:54 PM] Glenn Crystal: Its not as simple as just giving you access to 1 account
[1:05:02 PM] Rune King: yeah yeah
[1:05:07 PM] Rune King: i get it
[1:05:17 PM] Rune King: suggestion to add to the pile
[1:06:06 PM] Glenn Crystal: yeah unfortunately
[1:06:07 PM] Glenn Crystal: lol
[1:06:43 PM] Rune King: you really do need a few coding monkey lol
[1:07:29 PM] Glenn Crystal: yeah im the only one atm
[1:07:42 PM] Rune King: I know... :/
[1:07:29 PM] Glenn Crystal: yeah im the only one atm
44  Economy / Service Discussion / Re: Esoteric Investments, LLC (up to 1% earnings) on: October 26, 2014, 07:58:10 PM
I was able to verify "Esoteric Investments LLC" is registered in NJ. That's all the records show without paying, anyway. From what I can tell, using anonymous shell companies is pretty common in USA, and especially in New Jersey. And besides, Trendon Shavers' identity was well known early on, that didn't help much.

Thank you for actually checking to see if we were verified instead of merely dismissing us.
I'm not sure about shell companies, but then again I'm not well rehearsed in major scams either Tongue

We have some more info if you're interested.
https://www.esotericinvestments.com/pr/oct-22-2014.php

Is there anything else I can help with? And sorry about Digi, he can be a bit rambunctious lol

Without proof the funds 'invested' are not being used to fund payouts, the only reasonable course of action is to stay far away from schemes like this.

That's absurd logic. Think about this....10 ppl invest, all their funds go into a cryptocurrency on the exchange, the coin(s) are bought then sold at the higher price for profit. Then the funds are placed back in the pool and a payout is calculated based on the amount of profits made. So collectively all the investors' funds are creating profit and by proxy funding the payouts.

How else would profit be made and paid??? From thin air!?




It wouldn't. The operators would take funds from their investors and create the impression of shating profits by paying their victims a small portion of the funds they 'invested'  whenever payouts are due. The users, happy, report success, convince new marks to join and possibly throw more funds at the scheme themselves. This goes on until the amount to be paid to victims exceeds the amount of funds coming in from the victims.

There is no place for trust in giving money to strangers. If a 'business' can't prove they're not operating as outlined above, especially when claiming to operate an investment scheme, they are to be avoided at all costs.

Then how would you like us to prove it to you?
This is not a HYIP, this is a trading pool.

How to prove it? Simple, produce evidence of the trades that were made. Screenshots of completed trade-orders would be a start, but they could be doctored. A read-only API-key would be better.

I can talk to Glenn Crystal about this. I speak with him daily, I'm sure he'd agree to give proof that it is being traded.
45  Economy / Service Announcements / -----Tired of losing money? Let us trade for you!-----(Do not reply) on: October 26, 2014, 07:51:32 PM
Hey guys, for those of you interested in Bitcoin, and wanna make a little money from it, I have a solution.
Sign-up at https://www.esotericinvestments.com?refid=3 and let Esoteric Investments trade your BTC for you.

 All you do is submit a minimum of .01 BTC (about $3.50 at this date) and you start earning! They promise about of 5% a month. And they've been getting that in about a week at the time being.

------SPECIAL OFFER! Sign-up at that URL and get a free lotto entry for every .05 you deposit! No other URL will give you this!------


Their main trader holds at this time being over $20k in different cryptocurrencies, and has been with BTC since almost the very start

Your money is safe.
Encrypted wallet stored on a dedicated computer that is isolated from trading and the server
When you make a deposit the address you are sending to was generated by me in the past
The server has no way to talk to the wallet thus why withdrawls are manual

Before you ask, no it is not a ponzi. They have just started and are growing every day. They won't be going away anytime soon.

If you do not believe me, take a look at their site and see the %'s, here's the trading results for the past several days https://www.esotericinvestments.com/results.php
Those who held shares got payouts each of those days. The money you originally invest to buy shares cannot be withdrawn for 90 days, but the money you get from daily payouts can be withdrawn at any time.

Also they will be adding games over the time period. We currently have a lottery and will soon add in a multiplayer Yahtzee among others. This allows for an easy and fair way for you to increase your BTC holdings.

Press Release: https://www.esotericinvestments.com/pr/oct-22-2014.php
Terms & Conditions: https://www.esotericinvestments.com/terms.php



Risks to investors
Esoteric Investments, LLC does not guarantee any sort of results of any kind as we are speculating the markets. Speculating is never certain and comes with its own risks including but not limited to that of market exposure, exchange performance, and security.

Included risks are:

Security of online exchanges: Our trading is done just like any individual person’s trading, using online exchanges which are constant targets for hackers, hidden scams, or suffer unexpected shutdowns. For this reason, we use trusted exchanges like Cryptsy and Bittrex for our trading.

Whenever able to, we spread funds across several exchanges that have the coin(s) we are looking to trade to minimize the risks of any one given exchange’s failures in security or function.

Our systems security: We take every measure for security within our means. Currently, this includes any Bitcoin not being used for trading being kept in offline wallets. These funds include but are not limited to new investors’ deposits, investor credits, and the payout reserve pool. We utilize modern encryption at all times and every page is SSL secured to safeguard your personal information within our system.

We research and take every possible precaution possible to make the best investment choices we can, but no market, no matter how reputable, is ever certain. Although unlikely these types of losses are possible and at times can be completely out of our control.

www.esotericinvestments.com
Esoteric Investments LLC
3104 River Road
Point Pleasant, NJ 08742
(732) 903-8379
Entity ID: 0400647595

We are here to stay!


*Note: I am not an employee of Esoteric Investments LLC, merely a friend and investor
46  Economy / Service Discussion / Re: Esoteric Investments, LLC (up to 1% earnings) on: October 26, 2014, 07:34:22 PM
This is not a HYIP, this is a trading pool.

What's the difference?

A HYIP simply pays "investors" with money from new "investors", it is a ponzi.

A trading pool is a legitimate business. We take investors money, pool it together, trade with it, then split the returns up among the investors proportionally after we shave a little off the top for ourselves. It's no different than investing money into a wall street investing firm.


How does one tell the two apart?
Honestly I don't have an answer for you... scratch that
But perhaps the best way to tell is communication, are the staff talking with you? Yes they are
Are you able to get the promised returns? Yessiree
Also almost all HYIP are based outside the US, we are based inside the US and are registered in the State of New Jersey.
www.esotericinvestments.com
Esoteric Investments LLC
3104 River Road
Point Pleasant, NJ 08742
(732) 903-8379

Entity ID: 0400647595

Which means we aren't going to commit fraud, and if we were to, then we could easily be hunted down by the authorities.
47  Economy / Service Discussion / Re: Esoteric Investments, LLC (up to 1% earnings) on: October 26, 2014, 07:24:19 PM
This is not a HYIP, this is a trading pool.

What's the difference?

A HYIP simply pays "investors" with money from new "investors", it is a ponzi.

A trading pool is a legitimate business. We take investors money, pool it together, trade with it, then split the returns up among the investors proportionally after we shave a little off the top for ourselves. It's no different than investing money into a wall street investing firm.

I am #3 btw: https://www.esotericinvestments.com/?refid=3
48  Economy / Service Discussion / Re: Esoteric Investments, LLC (up to 1% earnings) on: October 26, 2014, 07:18:16 PM
Without proof the funds 'invested' are not being used to fund payouts, the only reasonable course of action is to stay far away from schemes like this.

That's absurd logic. Think about this....10 ppl invest, all their funds go into a cryptocurrency on the exchange, the coin(s) are bought then sold at the higher price for profit. Then the funds are placed back in the pool and a payout is calculated based on the amount of profits made. So collectively all the investors' funds are creating profit and by proxy funding the payouts.

How else would profit be made and paid??? From thin air!?




It wouldn't. The operators would take funds from their investors and create the impression of shating profits by paying their victims a small portion of the funds they 'invested'  whenever payouts are due. The users, happy, report success, convince new marks to join and possibly throw more funds at the scheme themselves. This goes on until the amount to be paid to victims exceeds the amount of funds coming in from the victims.

There is no place for trust in giving money to strangers. If a 'business' can't prove they're not operating as outlined above, especially when claiming to operate an investment scheme, they are to be avoided at all costs.

Then how would you like us to prove it to you?
This is not a HYIP, this is a trading pool.
49  Economy / Service Discussion / Re: Esoteric Investments, LLC (up to 1% earnings) on: October 26, 2014, 06:53:04 PM
I have been invested with Esoteric Investments since the very start. I am https://www.esotericinvestments.com/?refid=3 which is actually one more than Glenn's partner Dan XD
Anyways, I have put in $100 when it started, and I have not once felt that my money would be lost. Glenn and I stay in contact every day and have become good friends and I feel I can trust him, just as you all should as well. But I can't force trust and it's something you're gonna have to find on your own.
50  Bitcoin / Mining speculation / Re: Never mined - What should I know ? on: October 25, 2014, 10:25:37 PM
If you're in it to make quick profits, not going to happen, mining is hardly profitable nowadays unless you really know what you're doing and have a huge farm and low power bills.
If you're going to buy hardware, make sure it's NOT pre-order, stay away from those, most of the pre-orders turned out to be scams (BFL, KNC, ...)

In all honesty the best place to mine is where electricity would be the cheapest, so the Columbia Basin in Washington is a good place as we are surrounded by dams and wind turbines.

This guy is right, you're not gonna make a fast profit, there are a few exceptions (like mining when a coin first opens so you get a bunch early on), but unless you've got piles of expensive ASICs bitcoin mining isnt feasible for the everyday man.
51  Bitcoin / Mining speculation / Re: Never mined - What should I know ? on: October 25, 2014, 09:43:32 PM
You can mine with your PC, but you're not likely to get much pool mining even if you had several decent graphics cards to work with as the BTC network has grown so large.
If you are wanting to get serious about mining then either mine altcoins (using bitinfocharts.com to figure out what) or go get an ASIC or two, you could probably even start with little USB miners, they're like $10.

Yes you can mine with VPS's and web hosts, though they aren't likely to do much, and you need to be familiar with command-line linux to do it. I have done a DRK miner with a free VPS, but it was a pain in my rear-end to do, and it really didn't produce all that much as they barely give you any CPU.
You can likely do the same for BTC.

Hope I helped, if you have any questions feel free to ask.



Happy Mining  Grin Grin


Mining with my PC isn't an available option haha,my graphic card can't even work correctly with games like Naruto Ultimate ninja storm : Revolution & Payday 2 . so Mining ... guess not .

What's that ASIC you are talking about there ? & what are those USB miners? thanks for the help & sorry if I'am bothering you man


ASIC stands for Application-Specific Integrated Cercuit
Basically its a piece of hardware that is designed to do one thing really well, and that is to compute the SHA-256 algorithms to mine bitcoin. (Or Scrypt for litecoin and dogecoin)

You can buy USB Asics for $10-$15 on amazon http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Daps&field-keywords=block+erupter&rh=i%3Aaps%2Ck%3Ablock+erupter
Or you can buy some ASICs that are hundreds or even thousands of dollars http://www.gawminers.com/collections/all-miners
Simply googling comes up with several results.

Though in all honesty mining isn't for everyone, I stoppped mining months ago and now I simply trade. If you were wanting to get into Crypto and make some money, trading or investing are your best bets. But you never asked about that so I won't go into detail about it.

One things for certain if you decide to mine: make sure you do pooled mining, otherwise you're not likeyl to get a darned thing. (The exception is mining an altcoin on release because it's network is small)
Any other questions?
52  Bitcoin / Mining speculation / Re: Never mined - What should I know ? on: October 25, 2014, 07:39:13 PM
You can mine with your PC, but you're not likely to get much pool mining even if you had several decent graphics cards to work with as the BTC network has grown so large.
If you are wanting to get serious about mining then either mine altcoins (using bitinfocharts.com to figure out what) or go get an ASIC or two, you could probably even start with little USB miners, they're like $10.

Yes you can mine with VPS's and web hosts, though they aren't likely to do much, and you need to be familiar with command-line linux to do it. I have done a DRK miner with a free VPS, but it was a pain in my rear-end to do, and it really didn't produce all that much as they barely give you any CPU.
You can likely do the same for BTC.

Hope I helped, if you have any questions feel free to ask.



Happy Mining  Grin Grin
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