After two months of not hearing jack shit, I've decided to take a few steps in the right direction. I'm seeking legal council and have put up a thread in the scammer section ( https://bitcointalk.org/index.php?topic=175693.0). A few have messaged me with the approximate amount you're owed. It's nice to see I'm not the only one pissed off about Jine's bull shit.
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Myself and a few others that have contacted me still have a notable amount of BTC in the hands of BITLC.net. Jim aka Jine gave us an insane 007 story that can be read here: https://www.bitlc.net/There WAS an auction taking place for the name bitlc and a few other domains that were to 'pay back' the members. That's since been taken off the site and nothing has been said about it since. This ( https://bitcointalk.org/index.php?topic=10121.1200) is the bitlc.net thread. I want to see Jine, Jim, and any other admin of this scam-pool labeled with the scammer tag. I'd also appreciate it if you could offer legal advice in this regard. Thank you.
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There are people who were mining on bitld.net when it shut down due to some 007 conspiracy story. Needless to say myself and a bunch of others were scammed out of the btc generated and not payed out.
Any lawyers out there want to chime in on what we can do about it?
Thanks!
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I'm considering setting up a dedicated trading computer. What software is out there to monitor the btc, ltc, and other markets?
What's your setup?
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After switching to the stratum server I'm at 7229 accepted, 33 rejected. That's pretty damn good.
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5830's.
So far after switching to the stratum pool it seems way lower. Correct me if I'm wrong but:
A: 274 R:3 HW:0 V:15.87/M I:17
accepted = 274, rejected = 3, right?
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I've been mining litecoin for a few days now. I find that in cgminer, I get about 1 share rejected for every 4 submitted. I'm using ozcoin and just now decided to try the stratum port.
Anyway, what are some tips to reduce rejected shares?
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just wanted to bump this. will do more research on my own too.
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I see where the miscommunication was and I'm sorry about the sharp reply. I know that the 100,000 shares I mined are gone and I'm not expecting compensation for that. I had a balance left in bitlc.net and in the final days when I finally realized it was failing I started paying out. I could rarely get more than 0.05btc paid out at a time without getting an error saying the wallet was empty.
Needless to say I couldn't get everything out. With the value going up, I'm going to look into what can be done legally. Sucks that it's come to this. I've always had a fierce loyalty to bitlc.net and did all of my mining through it. May have come at a loss but I liked the pool and jine. It's too bad.
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oh same! The last block was being worked on for like 1.5 months before hearing this crazy story. I think it's nonsense. I think we got hosed by someone we trusted and I don't think we'll ever get out btc out. It'd be nice but I think Jine and Erick are the same person. Karma's a bitch.
Your legal advice is that a block wasn't found, there is no reward. Wah wah wah. It is a proportional pool, you get a proportion of the reward when a block is found. I had a number of btc that wasn't paid out from previous blocks being found. I'm not the only one. Read more before you come in and act like a know-it-all about an issue you're clearly not current with. Jine's story about the entire bitlc.net wallet being stolen sounds like nonsense.
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It may be time to seek legal advice.
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What's the deal with namecoin? It's a cryptocurrency but you can also use it to register a domain? How long does the domain last? How do you set a name server?
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I like the idea of posting links to what you bought
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I'm curious as to what people buy with bitcoin? Surely we can't all just horde it?! The only thing I bought was a miner from BFL. This was just before the spike so my miner has now cost me about $3,000. That's a hard pill to swallow but I know others are worse off than me. Also, I hope to make that back quickly as long as they start shipping... soon Post up photos or just a description of what you've purchased.
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Did anyone even look at the code? I'm really hung up on this 4/1 thing or just paranoid I guess.
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The april fools thing is just such an issue for me. Not to mention the others you mentioned. People are so upset that they weren't in on the first days of BTC that they're willing to toss processing power to the wind for little more reason than to make 50 coins of something at a time. I wish I was in in on the early days of BTC too but bytecoin isn't going to make it. LTC has far more potential and it's been around years longer. If someone's going to get into a cryptocurrency, it's going to be either BTC or LTC. I see those two being the biggest two for (hopefully) decades to come. I just think starting up a currency now without a goal in mind is useless.
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I'm keeping far away from it for a few reasons. The biggest being it was released on april fools... APRIL FOOLS. Why?! If you want to create a legitimate currency, why not wait till any other day in the year where the goal is not to play a practical joke? Nobody is going to take it seriously.
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what are you trying to mine?
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I'm not going to take this april fools currency seriously. One day before or after and I'd be on it. I think this currency is a trolls work.
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