Well I've been trying to be hopeful about this, but I've officially lost all faith.

THIS IS A COMPLETE SCAM!!
BE WARNED EVERYONE

So I was googling around, and look what I found? AN EXACT COPY OF THE SAME SITE:

http://www.withdrawbtc.net/

They're trying to get a new name and website because btc2money.net is now a known scam. WOW. I didn't want to believe it.. mainly because I just lost all my btc to them, but now I can't refuse the evidence anymore.. This sucks. Please no one else fall for this.


Peace

Well like I said I've successfully traded with them about 4x so far, so they are not 100% scamming everyone. The excuses they've given me so far are all that their system runs through an automated process that they can not control, and their developers are trying to change(fix) it.

What I am "hopeful" for, rather than blatantly calling them scammers, is that they have a legitimate, although unprofessional, reason for not paying me yet and not refunding the other people.

From my experience with them, I believe it is possible that they are not scammers, but instead bought an automated program for btc buying and selling from someone else, and the program is not working as they thought it would.  Since they did not make the script themselves, their developers would have to reverse engineer the program to learn how to make it perform differently. I am a programmer myself, so I understand that this is a lengthy painful process to do, especially when you do not know the original programmer who made the script.

If this is the case, when they run into an error or response they didn't expect, they wouldn't know how to resolve it. This is very unprofessional as they should have either wrote their own script based on the one they bought, or reverse engineered it and learned how to use their current script before launching it on their website. This would make then unprofessional idiots, not scammers.


So yes this is the "hopeful" scenario, but everyday I lose hope that they're trying to fix anything at all and they'll just quit and run with what they've taken.

Any updates? I'm losing hope

Hey Mav, Did you ask them to refund your btc? I want to see if anyone else gets a refund first before I tell them I want one.

Anyone ask for a refund yet? I have 3 options with my stuck btc:

1) I can pay them twice as much btc to make my transaction exit the "level" process. (Which I will never do)

2) I can wait for the "developers" to fix the "stuck in waiting" issue, which the guy said could take 1-2 weeks. Then if they ever do, I will be paid.

3) I can ask for a refund of my btc, which will take 7-10 days supposedly, and is irreversible once started.

Right now I'm at option 2. I have fully accepted that I will likely never see my money or btc again.

I agree that this site works occasionally for the first couple times using it, but as soon as you get stuck in their "level" system, your'e basically screwed. They keep asking for more and more money promising immediate payout like before, but they never deliver.

Anyone receive any money or an update from these sh*t heads?

Hey in my defense, the first two times I sent money to them they paid within an hour, on two separate days and amounts. The third time I sent it from a different computer, so they put me in their "level" system.

Yes I know it was stupid sending them the additional .6 for the immediate payout, but I just wanted to give them one last shot since the guy promised it would work. Originally I needed an additional 1.6 btc to reach the "limit for immediate payout", then 2 days later it lowered to an additional .6 which I could manage risking.

I'm just trying to be hopeful that they're just a buncha morons who bought some btc program they don't know how to use yet.. and eventually I'll get my money back. But this BTC world is full of scumbags so I know my chances are low =/

I got the same exact response from them. They said I needed an additional .6 btc to reach the "3 hour window" limit, so I stupidly paid them another .6. Now they're telling me I'm stuck in "waiting" and the only way I can get out is double what I already have in their accounts (Which is another 1.1 btc). Do they really expect me to send them twice as much btc just to fix an issue they created themselves?

These guys are either scammers or just complete morons. Either way, It looks like we're screwed.

Do you have a link or a name of this software? I'm quite curious how it operates, because they seem to have no idea how to use it properly.

Yes I will be posting negative reviews wherever I can to warn people about this site. Right now if you google btc2money.net or btc2money all you see is negative feedback.


I think he is talking about this post:
http://www.reddit.com/r/Bitcoin/comments/1y9tfm/has_anyone_tried_btc2moneynet_if_yes_and_there_is/

I posted here, Im not sure why he mentioned you though.

Well their "Level System" sounds like a Ponzi Scheme to me, which is a type of scam. That fake email thing is pretty messed up though! I bet this site will be gone within the next month or two after they collect enough BTC, so ya, it's basically one big BTC scam like we see everyday.

Hey guys, DJ again.

So my previous experiences were good with these guys, but now they've LOST my business.

I tried selling their now Minimum at .5 btc, and am stuck in this ridiculous "Level System" that they Fail to mention anywhere on their website. Apparently you are only guaranteed your "You will receive your money in maximum 3 hours" motto if you follow their strict rules, which again, they FAIL to mention ANYWHERE on their site.

Their rules are:

1) You can only use 1 paypal account per IP Address

2) You can not use your 1 paypal account on any other IP address except for the one you used on your first transaction

3) Could be anything else! Since they don't even give you all the rules, they just say "These are the most likely causes"

If you don't follow these rules, which I can't stress enough, ARE NOT STATED ANYWHERE ON THEIR SITE, you are put in this completely ridiculous "Level System".


Now what is this "Level System" that they never truly explain?

Basically, from what I've gathered from scarce details in emails from them, their "Level System" is basically a bs PONZI SCHEME.

They take everyone's money then pay off people from the highest amount pending, wait until they receive more money from others, then pay off the lower amounts. According to them, it COULD take WEEKS to get paid. They don't even give you a definite answer! You know what they do say though? Oh, just pay us 3-5x what you originally paid us and we will take you out of the "Level System" and pay you within the 3 hour window, that we already guaranteed in the first place!


Oh and their Customer Support is TERRIBLE. The only guy you can talk to apparently has no power whatsoever and can't do anything himself because it is all done "Automatically by the system". When you ask for a refund, he says again it will take WEEKS because it has to go through "3 different departments" and once you start the process, you cannot undo it. REALLY? 3 departments in your 2 story "Company" complex:

http://imgur.com/AL8Z8ZA

What? Is the financial department in the "loo" ?


This is a PONZI SCHEME hands down. Screw these guys, I will never sell to them again!

STAY AWAY!!!
STAY AWAY!!!
STAY AWAY!!!
STAY AWAY!!!
STAY AWAY!!!

It's actually btc2money.net not .com

Two people's successful posts actually 


Damn let us know when you get it! Thats the type of stuff I was afraid of. There is a bit of turmoil in the BTC world right now because of that bug so it is understandable.

Hey guys, following up from before.

Well everything worked out good. I got paid my $500 worth of btc to paypal as I ordered and things went smoothly. This is the email I got from them shortly before getting paid:


---------------
Hello,

Our partner VirWox will give us special access anytime now, so we won't suffer from this DDOS attack. You will be paid out really soon.
Sorry for the small delay.
---------------


So apparently they have a special account with virwox.com. That site still says they are suspending btc payments, but I did receive my payment from virwox this time as well.

My plan is to continuously sell to these guys routinely since I make a decent amount of money doing it. Even though I am cautious, I want to trust in them. Funny, this topic has been gaining ranks in google when you search btc2money.net!

If anything goes wrong, I will be sure to let you all know! Btc2money.net don't you screw me over, I will be the first to let everyone know;)

Hey guys,

I am new to this forum, but I googled "btc2money legit" and found this forum trying to find out if this site is a scam or not. I joined here to give you a heads up on my experience so far with this site.

I just started using it today for the first time. Looking up the whois for it, I see it is only a 1 month old website, which puts up a red flag for me, but hey everything was new at one point, so I gave it a shot.

I started off selling their minimum at .1 btc which was about $70 worth. I ended up receiving the money to my paypal in literally 15 minutes! Sweet! So I thought about it, and decided to go for a bit bigger gamble.

About 2 hours later I decided to sell about .7 btc at $500. This time things didn't go as smooth. Now they did send me this email though pretty promptly:


---------
Hello,

We received your payment, but we like to notify you that there may be some delays with withdrawal because our payment system is not working at the moment (denial-of-service attack).

We will keep you updated.
---------


So this kind of freaked me out. I'm like really? A DOS attack right when I put in a big order a few hours later? That's when I started searching around for if this site was a scam or not. Well I came upon some good knowledge that put me a bit at ease.

I looked at where my payment came from on Paypal, and it was "Virtual World Services GmbH" or virwox.com, one of the top BTC trading websites around. I visited their site, and sure enough, they had just posted a warning:


---------
2014-02-12: IMPORTANT ANNOUNCEMENT : BITCOIN WITHDRAWALS SUSPENDED!

Warning
Because of a denial-of-service attack against the Bitcoin protocol, we have to suspend Bitcoin withdrawals temporarily until a software fix is issued.
---------


So it seems some rare issue happened at virwox preventing them to send out btc. So for now, it doesn't seem like they are trying to scam me out of $500. I did ask for a refund in btc though because this might take a few days to resolve, but I haven't heard a response yet. Will post again when things change.