Bitcoin Forum
May 24, 2024, 03:12:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Altcoin Discussion / Re: PhenixCoin profitability - estimated 200% on: May 30, 2013, 05:38:35 AM
Where can I go if I want to play the poker game?

Hi I have some phcoins I wanted to give away to some potential players on my facebook page but in exchamge I will need some backup to get my contacts to accept Cryptocurrencies, most of them are crypto-virgins.

I am also working at a Bitcoin Sweepstake it would be cool to have a couple of 'compadres' on my channel: Andy Natole andynatole@gmail.com, please join me!
2  Alternate cryptocurrencies / Altcoin Discussion / Re: PhenixCoin profitability - estimated 200% on: May 30, 2013, 05:16:53 AM
Where can I go if I want to play the poker game?

http://phenixpoker.com/

Man, whos got the time to sit on his ass an play poker I Wish!

How much do you guys offer for 200 PHXC?

Speratom
3  Alternate cryptocurrencies / Altcoin Discussion / Re: PhenixCoin profitability - estimated 200% on: May 27, 2013, 05:37:00 AM
+1 on poker game need fixing, I want to use my PXC coins for some fun and cant even-play a tournament, I can join but nothing happens

You wantto use your pxc?
Stop playing the feerolls than.. the other games are perfect and rake free till the tournament will be fixt.


So let me get this right the only use of Phenixes is Gambling, no other application?
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Vircurex: Which of these coins would you like to see on Vircurex on: May 26, 2013, 08:18:40 AM
"None of them are of relevancy"

Going forward we will focus more on what difference the alt makes to the community, only changing reward, speed, etc won't be sufficient. Further listings of coins will require some act of innovation, something new, something that the community is looking for.

There is only one altcoin launched lately that is actualy game changer and that is YACoin. It is by all standards the most innovative altcoin since Litecoin but in a situation where 10+
other altcoins were launched, where miners were jumping on new chains almost daily and where some people invested a lot of BTC or LTC into those new altcoins, it is expectable that
YACoin won't be looked at much. Make no mistake, "something that the community is looking for" right now are future scamcoins. Start mining it early, dump it on exchange, repeat with
new altcoin tommorow. Situation is extremely complicated right now because neither bag holders want to lose all money nor miners want to lose all coins so they are spaming this forum
with absolute bullshit propaganda for every recent altcoin they invested money or hashpower. Most people are extremely biased right now and it is almost impossible to make them look
at cryptocoin scene as a whole and make rational judgements. Other people, like mr_random, daytrader420 and MaGNeT are pathetic traders that will promote or bash anything and
everything to make some extra profit. They belong to trollbox on BTC-e, with others that have no clue about anything except eventualy how to screw naive and greedy noob investors
and miners. All it takes to realise that is to check past posts of those guys.

I suggest you to add no more altcoins to Vircurex for now. I would be OK with removal of YAC, FTC, CNC and BQC as well. Situation is pretty much already out of control. If you people
running exchanges don't stop adding crapcoins and scamcoins there will be no end to "change few values and launch" or "let's revive old crapcoin or scamcoin few of us secretly mined
for months"
mania.

You are right to a certain extend, greed is the short term engine and whatever coin you hold is the one you are going to defend. I though Yacoin were a good shot because of the CPU only capacities. Obviously the savage pre-mining and 5 days to release the ss3 and amx algos made a lot of people end up with scrapes while others have millions. Still the potential is enormous because anyone with a CPU can get in.

Now food for thought, say somebody comes up with a super fast bio/atom/duckfat based CPU/GPU technology and starts reigning supreme on the transactions, would that break the peer-to-peer logic?

Even more, say somebody already has a disruptive technology and is running at 1% as we speak, waiting to open the gates when the time is right?

On the other hand I wonder what would happen if we applied Peer-to-peer technology to voting. I know, it's all a big puppet show, still, e-voting is run as we speak in client server environment with proprietary systems that we all know are rigged, why isn't anybody looking into a peer-to-peer based voting sys?

There you go, I hope this wasn't to biased and opens a wider discussion on cryptocurrencies?
5  Alternate cryptocurrencies / Altcoin Discussion / Re: PhenixCoin profitability - estimated 200% on: May 24, 2013, 07:50:44 PM
OK so as we speak on the 24th of May 2013, how are 100PHC worth in LTC? 2?
6  Bitcoin / Mining / Re: so my electric bill came in on: May 24, 2013, 12:17:21 PM
I can't imagine the cops face when busting in on what they think might be the pot bust of the year only to find a miner and his giant computer Grin

To be honest, if someone asked me what i was doing with this, I would probably say "Search for Aliens, did you ever hear about the SETI project? And of course have my main computer ready running Folding@home or SETI@home Cheesy

Im not sure if I should go with SETI oder Folding here... the SETI thing sounds a little more nuts. The other thing on the other hand is something people won'T comprehend. "You are folding proteins? What the f*Huh!"

According to the FSA if you are mining you are emitting currency and therefore should be regulated .... Ha ha ha ! But yes they would have grounds, especially if you are smoking pot and mining at the same time...

I just started mining again, it was getting too cold in my office!!
7  Bitcoin / Bitcoin Discussion / Re: The Holy Grail! I wish I could kiss the author of Bitmessage on his face. on: May 22, 2013, 06:15:23 AM
Whoa...

so, in theory, you can have a zero balance bank account and whenever you go to buy something you load your debit card with just enough to pay the bill by paying with Bitcoins...correct?

And someone can just write up a program to quickly exchange dollars for bitcoins just for that purpose...

Bitcoin debit card...


Or is there still a delay?

I like that, it would break the silo there is between real cash and btc.
8  Bitcoin / Bitcoin Discussion / Re: The Holy Grail! I wish I could kiss the author of Bitmessage on his face. on: May 22, 2013, 06:07:35 AM
Not sure why but this thread reminded me of this video:


MOD EDIT: NSFW VIDEO

http://www.youtube.com/watch?v=LJMqn2p0Q48

Say no to drugs! Grin
9  Other / Beginners & Help / Re: Offering PayPal for Bitcoin? You're likely to be labeled a scammer - Read why on: May 20, 2013, 03:24:34 PM

I was one of those newbies who recently asked for some kind soul to sell me some bitcoins (which I paid via PayPal).

I think the risk cut both ways, and in all transactions (online or offline), you have to take some risk, and take measures to minimize the risk to an acceptable level.

For example, the seller asked for me to wait a couple of days before he will transfer the bitcoins to me (after PayPal payment). I took a risk because I see that the seller has been a member of this forum for awhile, and it will be unlikely he will risk his reputation here for a couple of hundred bucks (though I will soon know whether my judgement is true).

On the other hand, I am grateful to the seller for taking a chance with me, and I tried my best to put his doubts at risk.

Don't real life transactions work the same way?

I agree but it works differently depending on the nature of the social relations. In a  small village where everybody knows eachother, you will be ostracized, meaning socially punished. In a big city even so-called friends just stop retuning your calls for a fiver.
10  Other / Beginners & Help / Re: Offering PayPal for Bitcoin? You're likely to be labeled a scammer - Read why on: May 20, 2013, 02:39:59 PM
Speratom - you were wise to limit your exposure.  There are a lot of scammers hereabouts for sure, but there are also some good decent people, too. Helpful ones, even.  I recommend you lurk, a lot. Here's some very good advice: https://bitcointalk.org/index.php?topic=119896.0

It's a PITA to convert fiat to BTC, but not impossible.  Getting cash into the exchanges is also a bit spendy with the fees, especially wiring fees.  But it's less spendy than losing a lot to scammers. Take heart that you lost relatively little compared to too many others.  That said, I hope you get your money back from the bastard.


I know, we initially talked about 2 BTC, but I wanted to start with a small amount, I bet he didn't have the beginning of a bitcoin, else he could have gone for much more after the first 'test' transaction. As you see it's a kid, scamming me to scam addfocus, I mean.. Anyway I was lucky, I know.

I think maybe going local and meet the people would be a solution...
11  Other / Beginners & Help / Re: Bitcoin PayPal Scammer on this forum on: May 19, 2013, 07:10:15 AM
It's quite difficult to find anything conclusive since it's probably a fake name

If it was a fake name, then he couldn't even have his paypal up and running. As you should know, paypal is requiring proof of SSN, Poof of ID, and proof of address. And this is not just for old accounts either. Also, paypal can tell if the email was just created, or what it has been used for. They can also scan names to tell if the name is fake or not. Paypal is very thorough.

I also got scammed 40 AUD against btc I have never seen, I have paid with paypal on a verified paypal account, the guys persists in saying he is going to refund me. It is really beyond the point as he is using my money to scam ADfocus???  That guy had the nerves to tell me: (obviously I was enraged):

(guy disappears from the chat just  after payment sent)

==>Day of the payment
Me: wtf man thats not cool (16:09)
Me: I am about to do it (call paypal) seriously last chance (16:12)
Me: Not funny (16:14)
Me: I can't believe you did that! (17:00)

==>Day after, reappearing on the public chat..
Me: Are you shitting me or what? (6:20)
ChrisMaher96I: will give you a refund. Soon (6:23)
Me: are you just kidding me I am mad, you are just lucky you are not in front of me!! (6:23)
Me: refund? (6:23)
Me: sent the bitcoin or cancel the paypal transaction (6:24)
Me: NOW!!! (6:24)
ChrisMaher96Yes, I used the money to purchase Advertising on AdFocus. Once the ad is approved I'll login to PayPal and refund the money. (6:24)
ChrisMaher96That way, you get your money, and I get to rip off AdFocus... hehe (6:24)

...decency forbids me to go on :

Now I can't care too much about 40 bucks, let's say it's the price of a lesson, I nevertheless believe the community should come down with the greatest fury on this kind of behaviors that cast a black-hat cloud on cryptocurrencies.

Mainstream will stay away from it, as they are more and more associated with greed, child porn, internet scams, hacking, gambling and prostitution, guys... that's not good!! If you value your cryptrowallets and the price attached to it, this kind of scams need to be reduced to a minimum. I don't know how, but that is going to be the main hurdle to mainstream, it's blatant.

All I know is that I am/was on the market for bitcoins, because I wanted to use websites that accept cc, and play a bit on the exchange, I mean use them, I like the concept. I think Yacoin and it's CPU friendly inception could reinvigorate the all concept and with the plug and mine software you have nowadays...

But so far I have spent time and money, and had to deal with shady characters that make me go paranoid about every bit that passes my firewall. Not a great experience so far...
12  Other / Beginners & Help / Re: Offering PayPal for Bitcoin? You're likely to be labeled a scammer - Read why on: May 18, 2013, 04:42:52 AM
There have been an increasing number of posts from recently registered users wanting to buy bitcoins with PayPal. While new users may indeed be enthusiastic about Bitcoin and be accustomed to using PayPal for prior purchases, this type of request is also exactly what scammers do to steal bitcoins. It is relatively simple to charge back or dispute any PayPal payment after receiving irrevocable bitcoins, and scam purchases are used as a way to empty stolen PayPal accounts.

Traditional payment networks (including PayPal) suffer inherent weaknesses:
  • Some payment fraud is unavoidable,
  • Completely non-reversible transactions are not possible; payment processors are involved in disputes,
  • Identity fraud and remote account takeover using stolen credentials are possible,
  • Payment processors can block funds and freeze accounts,
  • You must provide your credit card or account number to sites, which can be stolen by hackers to spend your money.

Bitcoin has none of these problems:
  • Confirmed Bitcoin payments are absolutely trustable,
  • Payments are non-reversible; money cannot be recalled by the sender,
  • Identity theft is a non-issue - payment recipients don't need to obtain the identity of buyers or store personal information to take payments,
  • Nobody else can interfere with your Bitcoin balance or your ability to send or receive money,
  • You are in control of your money - when you send a payment, the recipient or hackers cannot make other fraudulent withdraws from your wallet.

Why is it difficult to purchase Bitcoins with your old-fashioned money?

If this is the fault of Bitcoin, it is because Bitcoin is too good. If you receive a payment with Bitcoin, you can be 100% sure that the money is yours and it can't be disputed or taken back out of your wallet. PayPal, Credit cards, ACH checking transfer and money wires, Chase Quickpay, Dwolla, and most any other banking payments, however, can be reversed - they are less trustworthy than the Bitcoins you are trying to buy.

This is why even Bitcoin exchanges have rigorous verification procedures - they need to verify your identity thoroughly, not because of Bitcoin, but because they are taking your government currency, transferred through banks and payment processors, which is fundamentally problematic. Exchanges that only deal with Bitcoin-based virtual currencies (such as Bitcoin to Namecoin) have no such identity requirements.

In addition, PayPal specifically disallows currency exchanges, and are Bitcoin-hostile. When you complain that you were ripped off, it's just as likely your account will be frozen.

Quote from: PayPal Acceptable Use Agreement

Prohibited Activities

You may not use the PayPal service for activities that:

...

    relate to transactions that (a) show the personal information of third parties in violation of applicable law, (b) support pyramid or ponzi schemes, matrix programs, other "get rich quick" schemes or certain multi-level marketing programs, (c) are associated with purchases of annuities or lottery contracts, lay-away systems, off-shore banking or transactions to finance or refinance debts funded by a credit card, (d) are for the sale of certain items before the seller has control or possession of the item, (e) are by payment processors to collect payments on behalf of merchants, (f), are associated with the sale of traveler's checks or money orders, (h) involve currency exchanges or check cashing businesses, or (i) involve certain credit repair, debt settlement services, credit transactions or insurance activities.

So how can you obtain bitcoins, if nobody on the Internet can tell the difference between you and a foreign crime syndicate? If you don't wish to go through the lengthy verification procedures on exchanges, I recommend you first investigate local traders who are willing to exchange bitcoins in person. Sites such as https://localbitcoins.com/ or http://www.tradebitcoin.com/ may help you find local Bitcoin users. Also, Bitcoin is for commerce - sell something and accept Bitcoin!

Fair enough, but some people actually buy stuff everyday and actually pay for it. I was done 40 bucks I paid with paypal for btc, and I doubt I'll eve see my money back, and I haven't seen a glimmer of btc. Now, according to "paypal" I have to wait until the 27 of May to be able to escalate, by that time the scammer, that I bet didn't have a single bitcoin, must have cashed out the money.
13  Other / Beginners & Help / Re: Offering PayPal for Bitcoin? You're likely to be labeled a scammer - Read why on: May 18, 2013, 04:28:00 AM
Ok Guys. I arrived at this topic a bit late which have costed me around 1500$

So I put BTC on eBay and it got sold within few hours. Buyer paid and his entire information was available with his phone #.

Did a google search and he have around 350+ feedback and confirmed his address. Paid him and every thing went well. he asked for 10 more and he said, he will send through Personal Payment. I read somewhere about scam and though Personal Payments cant be refunded.. But as soon as i sent him 10BTC on top of 1 BTC, he disputed and before i could even take any action, Money was refunded. also the eBay Transaction was disputed. Now i am power Seller /Top Rated seller on eBay and my transaction has got on hold.

I called them and they said, since it was not for purchase they cant do anything !  I called the police and they said, they do not deal with Cyber Crimes :S

I called the person and he got kinda confused and said he has not done anything. He has reported to FBI , Police and they are investing into that which is total crap. I have a tracker which told me that the email was opened from the same location the person is...

Interestingly I have contacts inside Paypal that can be used to investigate the issue. But since it is outside transaction I might be keeping it as last resort.

So I have all the proofs, found his entire info using google search and can buy further information. As of speaking he emailed me saying he has filed a case with FBI and my account has been locked out..

Should I start by telling him about the consequences and giving him sweet warning ?

Any Advises

Secondly, I just got two orders and received payment from them. Is it illegal to sell/purchase on eBay and if not then using eBay guidelines for virtual goods, can I be saved ? Or better I call and confirm ? I have seen few people shipping the paper with code on it. May be thats the reason for doing this ?

P.S If you are reading it, I am coming after you

Hi,

I totally know the feeling but the other way around. I am new to this and was looking for a couple of bitcoins. I like the idea of an online currency, I thought it would be cool to use it on websites and encourage this concept, and mining is beyond me after looking into everything under the sun. I am mining yacoins, wow, but I'll be damned if I manage to buy 1 bitcoin, leave alone an asics. Even got into Second Life but apparently it's not supported anymore.

Then a guy offered to sell some on a chat, (coinchat.org, that is probably a trap for you to register into coinlenders, probably another scam, I don;t know really but I go paranoid now) as soon as he got the money he went totally silent. He actually said "I am going to take a piss, then I send you your coin... (needless to say that this flies only when you are hiding behind your pc at home) I reported it to paypal, but now I have to wait a couple of days before I can escalate it. By that time the guy is long gone.

He gave me a verified paypal address so it looked legit. I was making a test with 40 bucks and lost that, but I could have lost much more had he sent over the first payment I would have gone for more. Thank god I only had to deal with a noobie scammer.

By the way for mining I found a guy that sell his spot with btf from April2012, that too looks like a scam now. Actually after that I really have the feeling that this bitcoin business is too cuthroat, I might be wrong, but so far I thought bitcoin to be the money of the online geeks in fact it turns out to be the money of the online crooks.

Websites go like flies mtgox, miningunites, some others offer crazy stuff like hedge funds in the Caiman Islands in bitcoins, talking a bout 75% ROI... donno, got burned, now I have cold feet.

So far ... very bad experience and ubernercenary behaviors, far worst than with our "real" money because you are not even able to look at people straight in the eyes.

This is the scamming email: peter.harris73@yahoo.com from Australia? or maybe lives nextdoor...

Sent to:Peter Harris (The recipient of this payment is Non-US – Verified)
Email:    peter.harris73@yahoo.com
Amount sent:-$38.00 AUD (equals -£25.33 GBP)
Fee amount:$0.00 AUD
Net amount:-$38.00 AUD

Same as above, Peter, no matter how much you think you are clever, you are a lowlife scumbag and I am coming after you.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!