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421  Economy / Scam Accusations / Re: Scam: OnionWallet on: June 11, 2013, 09:04:49 AM
In practice, an anonymous wallet or mixer that has demonstrated they are not a scam, are merely long cons (mybitcoin.com) or sleeping trojans.

Then if they turn out to be long cons, then they haven't properly demonstrated that they aren't scams.

That's true in theory, but in practice, it's impossible to "prove" something isn't a scam. MtGox could be a scam just waiting for enough money to sit there before taking off for all we know, that doesn't mean they haven't given properly demonstrated that they aren't a scam. That's why anything anonymous should be boycotted from the start. It's hard enough keeping a public business honest, doing business with an anonymous private one is basically gambling with your money.
422  Economy / Scam Accusations / Re: Scam: OnionWallet on: June 11, 2013, 09:01:43 AM
Ranlo,

Do you have any suggestions on Trusted, Anonymous Wallets?  

It does suck that I had to be the first to report this but if you look at http://blockchain.info/address/1NRMGqPYXwPoAGHiPAMzBgkqCcmgms3hjH it looks like this guy has been at it for a while.

I just wish I could find out who the scammer was...anyway, at least I still have 2.5 BTC left.  I was "smart enough"...if that can be said when scammed...not to send but a small amount of my total Sad



The closest thing to a trusted anonymous wallet is the trusted wallet you run on your own computing device. It is actually hard to get more anonymous than running a local wallet.

Most tor hosted mixers and wallet services you simply have to assume are scams until demonstrated otherwise.

In practice, an anonymous wallet or mixer that has demonstrated they are not a scam, are merely long cons (mybitcoin.com) or sleeping trojans.

You lost me with that link. It forwards to bitcoin.org...?

I can't explain why that is, but here: https://en.bitcoin.it/wiki/MyBitcoin (it may have been before your time).

TL;DR? They stole 51% of everyone's money, tracing them showed an anonymous registration in a country known for anonymous shell companies .
423  Economy / Scam Accusations / Re: I was ripped off by a member of Bitcoin Forum and am being ignored by admin. on: June 11, 2013, 09:00:58 AM
I would like my money back, and until that happens, I will continue to spread the word of the corruption, to higher levels each and every day.

The last time you visited a police station demanding the police help you reclaim your stolen funds, did you refuse to tell them who did it while demanding they do something about it as well?
424  Economy / Gambling / Re: Bet on the Ecat on: June 11, 2013, 08:59:27 AM
Hi

I have created a couple of bets about the E-Cat story at the prediction exchange betsofbitco.in

http://betsofbitco.in/item?id=1633
http://betsofbitco.in/item?id=1635

In case you don't know what it is about, here are some links both skeptical and fansites  Grin

http://scienceblogs.com/startswithabang/2013/05/21/the-e-cat-is-back-and-people-are-still-falling-for-it/
http://forums.randi.org/showthread.php?t=198040
http://ecatnews.com/
http://www.e-catworld.com/

Given the way they've judge bets in the past on that site... I don't think anything is safe to bet on there.

This.
425  Economy / Scam Accusations / Re: Scam: OnionWallet on: June 11, 2013, 08:58:20 AM
Ranlo,

Do you have any suggestions on Trusted, Anonymous Wallets?  

It does suck that I had to be the first to report this but if you look at http://blockchain.info/address/1NRMGqPYXwPoAGHiPAMzBgkqCcmgms3hjH it looks like this guy has been at it for a while.

I just wish I could find out who the scammer was...anyway, at least I still have 2.5 BTC left.  I was "smart enough"...if that can be said when scammed...not to send but a small amount of my total Sad



The closest thing to a trusted anonymous wallet is the trusted wallet you run on your own computing device. It is actually hard to get more anonymous than running a local wallet.

Most tor hosted mixers and wallet services you simply have to assume are scams until demonstrated otherwise.

In practice, an anonymous wallet or mixer that has demonstrated they are not a scam, are merely long cons (mybitcoin.com) or sleeping trojans.
426  Other / Beginners & Help / Re: ATTN NEWBIES! Avalon 85Gh/s ASIC - Auction, ends in 3 days! on: June 11, 2013, 08:47:35 AM
What about the lesson you taught to the community regarding how important is it to use escrow?
Escrow is essential for real-time purchases, especially bets where either party can back out easily on their promises. Future purchases like pre-orders make escrow a bit difficult. I suppose rather than escrow, collateral of some sort could be provided in that case, but I haven't done much thought on that. Any suggestions?

Why couldn't you run with the money
I could, anyone could, the question would be why would I. Have I ever run with anyone's money despite handling thousands of bitcoins for other parties, both individuals and companies? I've never scammed a single person and I've gone above and beyond when it came to paying off loans or debts of other natures. I have one of the strongest characters in this community, despite being a bit manic and having misdirected my energy at times. Sure, I've made bad decisions and learned just how far off the norm I was for them, but what you seem to be attacking is the mistake itself (dead horse anyone?) instead of my ability and willingness to learn from my mistakes and make up for them (which I have found sets me apart from many "men" in this world who are attracted to bankruptcy, excuses, hiding behind LLCs, and running away from their problems with no concern for the damage they've done). The comical irony is an anonymous account on a forum arguing with me, a long-time self-doxxer and transparency nut, for not being honest and avoiding accountability. Really?

Why couldn't you say this was just an obvious prank, because you refused escrow
I've already stated multiple times on this forum and elsewhere that the previous prank of mine was completely out of line and that I had learned a valuable lesson when it came to screwing around with people on the topic of finances (read: don't do it). If I did that again, I'd be a liar. I'm not a liar, so I wouldn't be doing that again.

I really don't get your logic Matt, first you justify yourself for not paying your debts
Everyone knows I'm not only paying my debts, but that I have always paid my debts (despite my own circumstances, and most of the time being a direct cause of poor financial circumstances. What good is having what you want when your debt to someone else causes them to be in need?). Did you know that when Roger Ver invested in DialCoin, and Charles Lee (Coblee) invested in BitcoinMall, both purchasing shares in the companies I was running, and things didn't go well (DialCoin closed due to fraud coming from the UK, and BitcoinMall never tookoff) and the companies closed, I hounded both of them to let me buy the stocks back because I told them I didn't think it was right that they should suffer for the company's mistakes? I felt *bad* that they had put money into an idea, team, management, opportunity that didn't return a profit for them and wanted to recoup their losses 100%. I'm *still* waiting on Roger Ver to tell me how I can pay him back. I'm paying Charles Lee right now actually. This doesn't even include the business loans for prototypes of Ellet that I made that I *personally* paid back when the company didn't take off, or DialCoin's liquidity loans that I *personally* am paying back despite the *company* being defrauded. Your ignorance of this is not your fault, it's just not something I have never made public previously.

The picture you're trying to paint is convenient since I'm still paying people for the bet, but it's far from accurate. It's the equivalent of me saying that you don't pay your bills because you haven't this month's electric bill yet. It would make more sense if you had actually agreed to pay by a certain time and didn't. I've agreed to pay everyone by timelines they stipulated, and have paid more than half now. This is well known and your argument has been invalidated numerous times.

In your broad disingenuous generalizations and loaded statements, you continue to refer to me as "thinking I am smarter than [you]". It's simply not the case, although with each statement of yours I read, I do feel I am much more honest than you. Afterall, anyone can leave after making a mistake. I'm still here Rampion, still doing business, still helping, still making up for things. It's easy to think someone has integrity when they are anonymous (like yourself) and keep their vast and various mistakes a secret from the world. I make mine public, learn from them, and work on myself for the benefit of myself and everyone that depends on me. That to me is worth much more than any opinion on this forum.

That said, despite your intentions (which may be of malice as you certainly do sound like a troll most of the time), your posts help me to take a better look at myself and how I present myself. Through this process of painful learning, I am able to do things more transparently and better prepared the next time. Thank you for helping me become a better person, it is something I strive to do for others here and judging by the color of my ignore link, have (apparently) succeeded in doing for over 2 years. Keep vigilant, but always with an open mind.
427  Economy / Service Announcements / Re: CoinGator on: June 11, 2013, 08:26:28 AM

http://www.fincen.gov/financial_institutions/msb/msbstateselector.html

BitInstant is registered as a money services business. https://mega.co.nz/#!E99RzY6B!Mol5t0UtPPLb9epFgbgxrhojhfcrk41W51Bybp0YsXs

Do they hold individual state licenses as well?  If they did, why would they publish such statements about "acting as agents" of other state licensees?

That is something you'd need to ask BitInstant. I am not affiliated with them.
428  Economy / Service Announcements / Re: CoinGator on: June 11, 2013, 07:55:16 AM
You can register state-wide, but then you need to get proof from each customer that they don't live outside that state, and risk losing your license, fines and imprisonment if you're caught doing business with any customers outside the states you're licensed in.

That's crazy. They aren't even that strict against casinos. Ex. it's illegal to gamble but you can go to another state to do it, and they even take down all your information and there's nothing done to stop it.

It is crazy, it is a scam, it's designed to keep small businesses (who are not so easily influenced by politicians) out of the mix. It's kind of like what is happening in Bitcoin with all these big shouldered businesses, "foundations", and boys clubs. The US government only cares about you if you can make them a profit, and even then only if you're a pushover to their policies. Just look at recently passed crowd funding legislation if you're in the mood to vomit.

Happen to have a link to a good article/overview of the crowd-funding legislation? The last thing I heard/read was a few weeks ago and it just dealt with making it illegal to do crowd-funding for equity.

Here's a pretty good, up-to-date writeup that explains the gist of it.

http://www.forbes.com/sites/deborahljacobs/2013/04/17/the-trouble-with-crowdfunding/
429  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin on: June 11, 2013, 07:52:08 AM
Looking for someone to come represent NameCoin at the Bitcoin EU conference (http://theconference.eu) on a panel of alternative currencies. Anyone available to come to Amsterdam September 27-29 and sit on the panel with Charles Lee (coblee) and others?
430  Economy / Service Announcements / Re: CoinGator on: June 11, 2013, 07:49:40 AM
You can register state-wide, but then you need to get proof from each customer that they don't live outside that state, and risk losing your license, fines and imprisonment if you're caught doing business with any customers outside the states you're licensed in.

That's crazy. They aren't even that strict against casinos. Ex. it's illegal to gamble but you can go to another state to do it, and they even take down all your information and there's nothing done to stop it.

It is crazy, it is a scam, it's designed to keep small businesses (who are not so easily influenced by politicians) out of the mix. It's kind of like what is happening in Bitcoin with all these big shouldered businesses, "foundations", and boys clubs. The US government only cares about you if you can make them a profit, and even then only if you're a pushover to their policies. Just look at recently passed crowd funding legislation if you're in the mood to vomit.
431  Other / Beginners & Help / Re: ATTN NEWBIES! Avalon 85Gh/s ASIC - Auction, ends in 3 days! on: June 11, 2013, 07:47:37 AM
1 share at 0.15 BTC*

Next available lowest bid: 50% @ 0.9 BTC

You'd need to bid 1 @ 0.9 to place a bid at this point.

*When are you expecting it and can I pay then to make sure I am getting something or nor?
It was originally expected in May (as Yifu had advertised), but he's now telling me to expect it inside of this month. The only reason I'm selling these profit shares is because I want some liquidity *now*. If I had the rig at the moment, I'd just mine coins myself and keep 100% of them. Smiley
432  Economy / Service Announcements / Re: CoinGator on: June 11, 2013, 07:40:26 AM
It has been decided that the CoinGator project will be discontinued until further notice.
Did Paypal close your account already? Jesus christ that was fast.

No. This is unrelated to PayPal. It was determined that the cost of regulatory compliance would be cost prohibitive.

Oh well if that's all you're worried about, use a different country's paypal. That's not the least of the problems though.

This decision was based on costs exceeding $250,000 USD to operate legally in the United States.

Is there a way to get registered in just one or two states, or is it all or nothing?

You can register state-wide, but then you need to get proof from each customer that they don't live outside that state, and risk losing your license, fines and imprisonment if you're caught doing business with any customers outside the states you're licensed in.

It has been decided that the CoinGator project will be discontinued until further notice.
Did Paypal close your account already? Jesus christ that was fast.

No. This is unrelated to PayPal. It was determined that the cost of regulatory compliance would be cost prohibitive.

Oh well if that's all you're worried about, use a different country's paypal. That's not the least of the problems though.

This decision was based on costs exceeding $250,000 USD to operate legally in the United States.


Yea, the US has built up a pretty nice scam for themselves. They get to keep mom'n'pop shops down, and only allow the people with the most to lose to operate (so that they are nice and complacent). Like I said though, Paypal themselves solved that one by incorporating in Singapore and not serving Singaporean citizens. There are always ways around it, but using Paypal as a way to buy bitcoins is the problem, not the MSB licensing imo. At least now I don't need to bump this thread with timers.

Good luck on any other endeavors here in the community, you might be surprised to see even me supporting a few of them if they have sound business models that don't require trust etc.

Here is a little tidbit from https://new.bitinstant.com/whatwedo:

"BitInstant acts as an agent of its partners in all states in which its partners hold a current money transmitter license. In the limited states where BitInstant's partners do not currently have a required money transmitter license, BitInstant will not act as an agent of it's partners and may rely upon other payment methods to legally fulfill Bitcoin purchase orders."

In other words, they aren't MSB's either.  By that logic, since PayPal is licensed, your business should be fine.

http://www.reddit.com/r/Bitcoin/comments/1g23w2/paypal_email_to_employees_policy_regarding_bitcoin/

Well, somehow they are getting away with it and are not licensed. All I'm saying.

http://www.fincen.gov/financial_institutions/msb/msbstateselector.html

BitInstant is registered as a money services business. https://mega.co.nz/#!E99RzY6B!Mol5t0UtPPLb9epFgbgxrhojhfcrk41W51Bybp0YsXs
433  Other / Beginners & Help / Re: ATTN NEWBIES! Avalon 85Gh/s ASIC - Auction, ends in 3 days! on: June 11, 2013, 07:37:50 AM
Huh

why jump the gun and make such an unnecessarily high bid

My guess is because there is less than 3 hours left. I expect to see a bit more gun jumping, considering the last auction I had (https://bitcointalk.org/index.php?topic=165105) ended at 1.25~1.5 BTC per 1%, then several other sales were made up to 2 BTC per 1% after that.
434  Economy / Service Announcements / Re: CoinGator on: June 11, 2013, 07:28:50 AM
It has been decided that the CoinGator project will be discontinued until further notice.
Did Paypal close your account already? Jesus christ that was fast.

No. This is unrelated to PayPal. It was determined that the cost of regulatory compliance would be cost prohibitive.

Oh well if that's all you're worried about, use a different country's paypal. That's not the least of the problems though.

This decision was based on costs exceeding $250,000 USD to operate legally in the United States.


Yea, the US has built up a pretty nice scam for themselves. They get to keep mom'n'pop shops down, and only allow the people with the most to lose to operate (so that they are nice and complacent). Like I said though, Paypal themselves solved that one by incorporating in Singapore and not serving Singaporean citizens. There are always ways around it, but using Paypal as a way to buy bitcoins is the problem, not the MSB licensing imo. At least now I don't need to bump this thread with timers.

Good luck on any other endeavors here in the community, you might be surprised to see even me supporting a few of them if they have sound business models that don't require trust etc.

Here is a little tidbit from https://new.bitinstant.com/whatwedo:

"BitInstant acts as an agent of its partners in all states in which its partners hold a current money transmitter license. In the limited states where BitInstant's partners do not currently have a required money transmitter license, BitInstant will not act as an agent of it's partners and may rely upon other payment methods to legally fulfill Bitcoin purchase orders."

In other words, they aren't MSB's either.  By that logic, since PayPal is licensed, your business should be fine.

http://www.reddit.com/r/Bitcoin/comments/1g23w2/paypal_email_to_employees_policy_regarding_bitcoin/
435  Economy / Scam Accusations / Re: Scam: OnionWallet on: June 11, 2013, 07:16:21 AM
Proving once again, anonymous + business = joke
436  Other / Politics & Society / Pardon Edward Snowden on: June 11, 2013, 07:07:20 AM
https://petitions.whitehouse.gov/petition/pardon-edward-snowden/Dp03vGYD

This is not an independent online petition on facebook that won't go anywhere, this is a legal petition that the White House will be forced to respond to publicly (and probably won't go anywhere other than a canned response about how Obama takes security violations seriously but will "look into it"). That doesn't mean we can't show them that we're all watching.

edit: The number of votes is increasing every second. This is amazing to watch!
437  Bitcoin / Bitcoin Discussion / Re: Bitcoin on XE on: June 11, 2013, 05:50:15 AM
I also use XE.com frequently, have been pushing for XBT usage, and am very pleased with this update! Thank you XE for making our lives easier!

Now comes the interesting question: where does the price come from? (I read what they claimed, but I want to know the exact sources)
438  Other / Meta / Re: Pros and Cons Of Adding a Tipping Feature to the Forum on: June 10, 2013, 10:01:32 PM
some all around good points from both of you. perhap we could gather all of the reputable escrows and allow them to manage the wallets. give them a cut.

Why bother? There is nothing here that a wallet plugin in the browser wouldn't solve. Blockchain.info already made one that connects to the BitcoinQT on the desktop through the API, why wouldn't it work like that for sending tips?
439  Other / Meta / Re: Pros and Cons Of Adding a Tipping Feature to the Forum on: June 10, 2013, 09:57:27 PM
Hi all, i've had a new idea. inorder to act as a middleman to all the trades, i suggest we add a tipping feature to the forum. this feature can be used for a bevy of reasons:

PROS:

  • Tip users for being helpful solving problems
  • alleviates doubt on scam accusations. proves without a shadow of a doubt whether a scam occured.
  • provides loan payments. if user never pays and essentially bails out a scam thread is started, scammer is banned and ip address and contact info turned over to the victimized party.
  • adds incentive to posters to be helpful while discouraging trolling

CONS:

not known at this time, but we all know that no system is perfect. join me in my effort to perfect this proposition for a better bitcointalk.org

r3wt

This is not a new idea, Theymos has already said he doesn't feel comfortable having any wallets managed by the forums, and someone is already making a tipBot despite him.

The tipbot won't be a wallet controlled by the forum  Tongue

Exactly the point. And the fact that you'd need to send someone your bitcoins in order to use them for tipping is a bit derpy too. I wouldn't use it.
440  Other / Meta / Re: Pros and Cons Of Adding a Tipping Feature to the Forum on: June 10, 2013, 09:54:01 PM
It's been talked about some before, I think for the most part it's not really used (going off of tips people get from addresses in profile/sigs).
This too.
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