you're prolly another victim of a hyip and just trying to take out your vengeance on Eso. take it elsewhere.
No, I told you already, I just hate scammers. Especially stupid ones like yourself. Ones that don't have the brains or balls to do something intelligent or non-evil with their pathetic lives. I told you what I'm doing. I'm following you around for the rest of your short career here, reminding everybody that you are running a Ponzi scheme. If you don't like it, go make a fool of yourself to the authorities, crybaby.  You are a pathetic individual with no ambitions in life, just wanting to feed off of others successes. good luck with that. and you don't have the balls to report them because you don't want to get discovered for your illegal activities : )))) |
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thank you and have a nice day  How about I just remind everybody what an evil, dickless dipshit you are for the rest of your career here instead? how about stop being a goober instead? and do something good instead of propagating your negative bs |
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From the thread that Eatshiteric Investments bombed with their spam for this obvious Ponzi scheme:
That guaranteed 5% return (which adds up to 60% for a year by the way)
Regardless, 60% is still way too high to be a legitimate return. You missed the part where I described to you in detail how Bernie Madoff went to prison offering 12% a year. You are still offering 48% more than Bernie Madoff. [/quote nutilda, you are clearly bored. so make yourself useful, and either invest, don't invest, or hell you can report the company to the appropriate authorities IF you are so convinced there's smth illegal happening, which I will enjoy knowing nothing will come of that. so thank you for your obsession with esoteric, plz stop repeating your empty accusations. you and madoff can go sleep in the same bed. you're prolly another victim of a hyip and just trying to take out your vengeance on Eso. take it elsewhere. thank you |
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That guaranteed 5% return (which adds up to 60% for a year by the way)
Regardless, 60% is still way too high to be a legitimate return. You missed the part where I described to you in detail how Bernie Madoff went to prison offering 12% a year. You are still offering 48% more than Bernie Madoff. OK, here's a solution, invest see what the results are, option 2, don't invest. option 3, report the company to the appropriate authorities and make fools of yourselves. option 4 gtfo and stfu. thank you and have a nice day |
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This is a Ponzi scheme. It is a scam. If you invest in it, you will be aiding and abetting criminal activity, and you will probably lose your money.
I will be here to remind you what idiots you all are afterwards, too.
And I'll be here to throw it back in your face when its not >: ) |
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Shavers bought and sold bitcoin for USD which requires money transmitter regulations, and he knowingly ran a ponzi scheme. We do not trade any investor funds for USD only profits that are taken off the top for our cut to pay ourselves and expenses for the company of which some still remains in bitcoin since, we like Bitcoin. Also as we're not knowingly running a ponzi scheme we do not really need to worry about Shavers.
In the Shavers case, all transactions between investors and Shavers were solely in bitcoin. His supposed business was buying and selling bitcoins for USD, but these transactions did not involve investors. You should really review more about the Shavers case and why it is relevant to your "business". A couple of excerpts from https://www.scribd.com/doc/158943320/SEC-v-Shavers-August-6: The term “security” is defined as “any note, stock, treasury stock, security future, security-based swap, bond…[or] investment contract…” 15 U.S.C. § 77b. An investment contract is any contract, transaction, or scheme involving (1) an investment of money, (2) in a common enterprise, (3) with the expectation that profits will be derived from the efforts of the promoter or a third party.
It is clear that Bitcoin can be used as money. It can be used to purchase goods or services, and as Shavers stated, used to pay for individual living expenses. The only limitation of Bitcoin is that it is limited to those places that accept it as currency. However, it can also be exchanged for conventional currencies, such as the U.S.dollar, Euro, Yen, and Yuan. Therefore, Bitcoin is a currency or form of money, and investors wishing to invest in BTCST provided an investment of money.
So why do securities laws not apply to you? Esoteric isn't holding Fiat currency, or dealing in fiat transactions. Bitcoin doesn't fall under this. that's what you keep missing about the shavers case. he was dealing in transactions with actual US dollars. Esoteric IS NOT. and the trading is occuring on exchanges not operated by Esoteric, albeit not applicable to them. understand? |
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You guys should really take that bet since we are at the very least doing that. If you guys don't, could I? Probably wont need the money but winning your bitcoin would be a nice consolation from having to deal with your FUD.
Hey Douchebag, How do you explain the fact that you guarantee 80% annual returns on investment?where did you read gaurantee? Oh, so you don't guarantee 5% monthly returns? WTF are you "selling" then? PM Phanton trader, or get on Eso's website, their chat room is live and the owner's are there to answer any pressing questions! See you there! |
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You guys should really take that bet since we are at the very least doing that. If you guys don't, could I? Probably wont need the money but winning your bitcoin would be a nice consolation from having to deal with your FUD.
Hey Douchebag, How do you explain the fact that you guarantee 80% annual returns on investment?where did you read gaurantee? |
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Update on company contact information.
The owner Dan Pace's contact number:
732-903-8379 (google voice)
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Esoteric will be adding a feature that you will be able to confirm your BTC funds in your account by seeing them in the wallet from the blockchain!  How can they be using your funds to trade and make a profit if you can see the funds sitting there in a wallet? You will be able to verify on the blockchain your unused funds in the account. The BTC that you deposit in which you buy the shares with will be transferred to the exchanges' wallet to do the trading. I will follow up with Glenn and Dan as to them providing the exchanges' wallet address with our funds. However you must also realize that Eso will be working with a lump sum of bitcoins stored in the company's shares when they do trading. So even when you see the wallet transactions from the exchange, it will be a large transfer of all the bitcoins being used, not every specific amount of bitcoin each investor funded. What could be done however is to show the transactions of bitcoins from the investor's wallet to the exchanges and back. |
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Are you looking out for #2? do you honestly care about what happens in the end?
Why are you here? to make money or waste time watching others make it?
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SCAM/PONZI/HYIP, please stay away!
It's just another bitcoin-trader.biz. They were also "legit" till they ran with investors money, but then its too late.
You fool! There is still no proof that Bitcoin Trader was doing anything wrong. They might got robbed whatever, I don't know - but stop this witchhunt. Nobody is guilty until proven otherwise. Just a fool will believe their hacker story. - They still posted results after they got hacked - "We got hacked" is the new blind excuse - They deleted user information - They took of their webpage - A lot of other arguments I'm sure you already read in the bitcoin-trader.biz thread. Guys, be informed that Digicoinz and sunny1 pushes that shit for just one reason: They want to cash out after 120 days. This will happen with other investors money only. This is how a ponzi/HYIP works.You can cashout everyday! why 120? and where did you get that arbitrary number from? Seriously, why you Bitchin about being able to make money? It's a doggy dog world out there, ppl do what they gotta do sometimes to make a buck. The fact you're even on this forum, is assumable that you use any method to make some extra cash. so stop calling the kettle black |
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"Shavers also diverted investors’ Bitcoin for day trading in his account on a Bitcoin currency exchange, and exchanged investors’ Bitcoin for U.S. dollars to pay his personal expenses." That's where sec comes in. Eso isn't doing this. furthermore, shavers was lying about his business operations. And at this point in time, Eso hasn't given us any reason to even speculate this. |
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Esoteric will be adding a feature that you will be able to confirm your BTC funds in your account by seeing them in the wallet from the blockchain! How can they be using your funds to trade and make a profit if you can see the funds sitting there in a wallet? Because, there will be a wallet that will contain your btc (not in shares), the used btcs (bought shares) will be up on the wallets at the exchanges where the trading is happening. |
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keyser you have it confused between, operating with US dollars, and operating a ponzi. Eso is strictly only operating with Bitcoins (no licensing/regulation required at this time in the US) Again please read their latest site update : https://www.esotericinvestments.com/pr/oct-22-2014.phpPlease refrain from posting information that isn't accurate to try defaming this company. thank you have a nice day! Trendon Shavers (PirateAt40) and his BTCST also operated solely using Bitcoins. The Court further found that, even as he publicly denied the Ponzi scheme on the Bitcoin Forum, Shavers knowingly and intentionally operated BTCST as a sham and a Ponzi scheme, and repeatedly made materially false and misleading representations to BTCST investors and potential investors concerning the use of their bitcoins, how he would generate the promised returns, and the safety of their investments. source - http://www.sec.gov/litigation/litreleases/2014/lr23090.htmPlease show me keyser where this has happened with Eso |
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Esoteric will be adding a feature that you will be able to confirm your BTC funds in your account by seeing them in the wallet from the blockchain! |
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keyser you have it confused between, operating with US dollars, and operating a ponzi. Eso is strictly only operating with Bitcoins (no licensing/regulation required at this time in the US) Again please read their latest site update : https://www.esotericinvestments.com/pr/oct-22-2014.phpPlease refrain from posting information that isn't accurate to try defaming this company. thank you have a nice day! |
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ok you're greedy lol  |
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Oh, there was another indicator about BT that raised a flag for me.
One day I funded the account late in the day around 8pm EDT. and on those same shares i was already paid that same night 3am EDT the following morning.
This didn't make sense to me, how in 7 hrs they were able to profit and pay me earnings on those new shares i bought.
when apparently they operated their business during normal hours 8am-5pm, especially when trading pool results were posted around 2pm EDT ....
Here's your sign!
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