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241  Economy / Scam Accusations / Atomic Swaps - Please Avoid Using It on: September 18, 2018, 05:59:07 PM
"Atomic Swaps Wallet with Decentralized Exchange" is effectively not what it seems.

"KYC/AML is the common practice for any legal business to prevent money laundering. However Atomic Wallet is an anonymous custody free service, we don't have access to your private keys and funds. But if you use built-in 3rd party Changelly or ShapeShift exchanges, you accept their terms of use"

Please see this post: https://bitcointalk.org/index.php?topic=4437510.msg45835024#msg45835024

How would you feel if you used Atomic Swaps but your funds got stuck in limbo because they used selective scamming process but said their partners (changelly or shapeshift) blocked the transaction and requested your ID for AML/KYC purposes?

Atomic Swaps has been outed as being part of the same core group of operators that are associated with Changenow and Evercode, both have been accused of serious fraud and scams.

Please avoid using anything related to Atomic Swaps, Changenow and Evercode.

Thank you.
242  Economy / Gambling / BETKING & DEAN NOLAN: Disastrous Reputation! Read This Reddit Post. on: August 17, 2018, 07:03:33 PM
https://www.reddit.com/r/Bitcoin/comments/5gfdxk/betking_trying_to_censor_questions_about_ico/

A small excerpt from the Reddit post warning people how Dean Nolan could not justify having the Betking website ICO. Why did people invest back then?

If it was lack of "due-diligence" that Dean Nolan boasted of recently as he blamed the investors for them ending up with an investment that gave them little or no return while the same time making Dean Nolan an overnight millionaire then that sadly is that but even now with the way the structure of the useless and worthless Betking tokens are set up Dean Nolan is allowing gullible people to buy the tokens directly from the shady Betking website.

"You need to lay out exactly what this 2000 bitcoin is going towards.

I think an important question is, why would any contacts or software developer you know want to help build you a casino platform that's worth a damn if you they aren't going to have any equity in the business? Why wouldn't they just build it on their own?

Imagine you walked into Shark Tank and you told Mark Cuban 'I want 1.5 million dollars (2000 btc) for you to invest in 30% of my company. I've shown success in this other market, but this new market I've never been in and I don't know yet exactly what we're going to do, but I know a lot of people in the industry, trust me'. You'd be laughed off the show.

It is also important to note that 1 bitcoin earned 2 years ago is not equal to 1 bitcoin earned today. Back then, the price was about $250, and now its at $750. Even 6 months ago, the price of bitcoin was about 60% of what it is now. A huge chunk of the profit came from those time periods. Bitcoin is at, basically, an all time high. I get the thought process from your perspective, although I think it is misguided. You've tried to sell Betking at least 2 other points in the past year that I can remember, but the problem is almost all of Betking's value stems from the bitcoin community's trust in Dean. The brand and software has very little value in my opinion - that's why no one ever offers anything close to what Dean feels Betking is worth (apparently 7000 btc)."

All people thinking of buying Betking tokens, please do not do it! I feel sorry for the ICO investors and those that bought Betking tokens from the Betking website after the ICO.

It makes great reading those comments from people that have been scammed by Dean Nolan. We all know Dean Nolan closed the Betking thread here because people began asking him about the 2017 ICO and how investors bought in pathetic useless Betking tokens.
243  Economy / Gambling / BETKING: 500 BTC, 2250 ETH & 425 LTC Bankroll Lies on: August 14, 2018, 09:45:09 AM
Now another possible scam regarding Dean Nolan and Betking has come to light.

In the whitepaper he clearly stated 50% of the Betking ICO funds (raised in September 2017) were to be used directly for bankroll, that means at least:

500 BTC
2250 ETH
425 LTC


Does anybody have any proof to show those claims made in the whitepaper were followed through with?

Does anybody remember any games offering the 50 BTC Jackpot? Does anybody remember any games at all where those 50% bankroll figures can be associated over this near one year period the site has been active since the end of the ICO?

Does anybody think adding plugin affiliate games into an average looking website constitutes "development" of the website where the whitepaper stated money from the ICO would be used on "development" but it was just that the site was already complete, there was no real need for "development".

The official Betking thread was locked by Dean Nolan after people began questions about the way he is not accounting for where the money is, how it was spent and why the investors lost out while he became an overnight millionaire. https://bitcointalk.org/index.php?topic=2150057.0

So were 50% of the ICO funds (over $3.25 million at the time the ICO closed) used in the bankroll? People are saying it was a scam for Dean Nolan to become a millionaire overnight while duping the investors. My opinion does not rally matter in this but people are calling Dean Nolan and his Betking website scam and scammer.

I suppose that will remain until he publishes audits but the allegation people make is he will not do it because it will show him to be a scammer. At the very least he could make those full accounts available to the investors if not to the open public but he has locked the Betking thread and refusing to answer simple questions so I guess that is why people say Dean Nolan is a scammer.

244  Economy / Gambling / MUST AVOID BETKING: The 50 BTC Jackpot Vanished? All Evidence Suggets A Fraud? on: August 11, 2018, 09:40:03 PM
What happened to the "50 BTC Jackpot" that Dean Nolan was promoting after the ICO in 2017?

Was there actually a winner? If someone claimed the "50 BTC jackpot" can it be independently verified and audited to ascertain who the winner was?

Serious allegations have been made against Dean Nolan and Betking so is this "50 BTC Jackpot" part of the bigger range of allegations against him or was there a genuine winner?
245  Alternate cryptocurrencies / Marketplace (Altcoins) / Bitmora Exchange: What Happened To The Project? on: July 31, 2018, 08:43:58 PM
A lot of people want to know why Bitmora have kept telling people on their Telegram for the past 2 months that the Beta is a couple of weeks away.

In the past 2 months since the Beta website was supposed to be launched they could have easily made one from scratch yet they keep telling people on their Telegram that the site will launch in a couple of weeks and then bounties will be paid.

Today is 31st July 2018 but the last time Bitmora admin shopwed up on their Telegram was 27th July 2018 with this post:

"Unfortunately not much news has come out since then, because of funding we had to let a developer go, but now the rest are covered and won’t loose any more devs."

So what is going on with Bitmora?

With 200 Exchanges out there was there a need for another one?

What sort of developers are they working with that cannot either make an exchange from scratch in over 60 days since they were hired or fix security holes in the existing one? All this when the devs were supposed to be working around the clock.... something is not right.

What is the real deal with Bitmora? What is really going on?

246  Economy / Gambling / BetKing.io is a blatant scam operated by Dean Nolan on: July 26, 2018, 11:27:56 AM
BEWARE OF BETKING.io AND SUPER-SCAMMER DEAN NOLAN!!



PLEASE NOTE: ANY MEMBER APPLYING TO PARTICIPATE IN THE BETKING SIGNATURE CAMPAIGN WILL BE RECEIVING NEGATIVE TRUST FOR PROMOTING A MAJOR SCAM


So Dean has locked the Betking thread because a few of us were asking questions about his business model and real expenditure of funds related to the ICO. https://bitcointalk.org/index.php?topic=2150057.0

Before the thread was locked ETTKS wrote https://bitcointalk.org/index.php?topic=2150057.msg42880775#msg42880775:

" You guys are missing the incredibly obvious. At the time of the ICO, the amount of crypto raised is priced in USD and the token is valued in USD. However by Dean's own admission he holds the crypto and never sold for USD. This means if the value of the crypto goes up (like it has) Dean personally gets free money. But if the value of the crypto went down, Dean can just fold betking up or even just say it can't afford to do buy backs. Which is true. So the whole betking ICO was just a way for Dean to expose himself to profit if crypto went up, and expose himself to nothing if it went down. This is why he has no real reason to work on the site, it was never about it. But being blunt, it's completely investors fault for buying into it. The terms were straight forward and obvious. They bought into the ICO mania, and will need to pay for it. "

So where did all the funds go? If the games were cheap $500 games licenced or purchased and implemented in to a bootstrap website why on earth did Dean have an ICO? Why did people buy in to it and is chazley right when he wrote https://bitcointalk.org/index.php?topic=2150057.msg42653726#msg42653726:

" I've heard Cubeia poker software costs ~$500. Could be wrong, even way off. Even if it was $10000 though (it's not) that's a tiny, tiny fraction of what you raised. Go ahead and focus on semantics to distract from my overall point though. And yes, I do keep up with this because I invested time into trying to stop people from investing in this ICO from the beginning because I knew better. The fact the site is basically abandoned and people lost very large sums of money in the process really sucks for those people. You try to justify it by going on about the USD token value when it's just completely absurd and disingenuous. Then again, you've gotta be able to sleep at night after taking all their crypto so I understand it. Sorry to all those who invested out there. "


And before the thread was locked the user iluvbitcoins was within his rights to ask a simple question:

"How is it possible that our total investment was worth 6.5 million and the token was worth 0.09286$
And now it's worth 14 million and the token is worth 0.0967$."


Is Betking a scam? What is Dean Nolan the "brains" behind Betking playing at?

 Shocked



UPDATED ON 12th NOV 2018:

---------------------

---------------------





---------------------

---------------------



That scammer Dean Nolan from betking has been exposed yet again.

All his other lies and scams were swept under the carpet by positive posts but now it is impossible for the scammer Dean Nolan to save his "reputation" or his trashy betking website.

Dean Nolan and betking have been accused of scamming so many people in the pocketrocketcasino affiliate scam and then continuing his affiliate scam with betking.

This is the same Dean Nolan and betking that ate in to the "profits" of the betking website using 30 million tokens that were dormant, therefore ICO and token investors got much less with their 70 million.

This is the same Dean Nolan and betking that said a new website was going to be paid from the ICO funds but he re-launched the same website he shutdown in 2016.

This is the same Dean Nolan and betking that said new games would be coded and were going to be paid from the ICO funds to be added to the new betking website but all he did was add plugin affiliates from livetables.io
Oh I forgot, he re-added the roulette game that he took down before the ICO and he showed it as a "new" game.

This is same Dean Nolan that claimed he gave away 25 Bitcoin to charities in December 2017 from 1st December to 25th December at 1 BTC a day as a gesture of kindness (and of-course paying for news and press releases advertising and promoting the non-existent endeavour) but never "proved" which charities he allegedly donated to.

The Dean Nolan and betking scam list goes on...





There is more.... this Scam thread was started after a token holder saw his value of tokens drop by over 99% !!!

https://bitcointalk.org/index.php?topic=5122856.0
   
247  Economy / Services / Required: Ethereum Contract For Upcoming ICO on: July 20, 2018, 05:13:33 PM
Do you have experience of creating tokens for ICOs?

Maybe you can help with a token. Payment negotiable.
248  Economy / Services / Recommended ICO Bounty Managers on: July 20, 2018, 04:15:29 PM
Which people or companies are the best for taking care of the bounty side of things for an ICO?

Which has the best reputation? How do their fees compare?

249  Economy / Exchanges / How Much Is Bitcoin Fee To List A Coin On Exchanges? on: July 16, 2018, 05:24:57 PM
Each exchange has its own fees

AbuCoins
Binance
Bitfinex
Bitlish
Bithumb
Bittrex
Bter
Coinex
Cyptobridge
Cryptopia
Hikenex
HitBTC
KuCoin
Kuna
Latoken
Poloniex
Tidex
YoBit


So many exchanges out there but does anybody know the fee they charge to list a coin?
250  Alternate cryptocurrencies / Altcoin Discussion / Is Monaco Visa Card A Scam? The Ensogo Dudes Are Running Monaco !! on: July 16, 2018, 03:58:53 PM
https://steemit.com/monaco/@montehansen/beware-of-monaco-visa-ico-s-management

The press release states:

Beware of Monaco Visa ICO's Management

I think I can kiss my meager ETHer investment good bye fortunately mine was merely a test transaction. I suspect others that read this won’t be so lucky.

My wife's spidey sense first tingled when going through the token purchase process on their website and was advised that residents of USA, Singapore, India and Hong Kong are excluded. During a chat session they would not say why or otherwise comment. I chose to ignore the question and indicated that NO I was not a resident of these countries and purchase a small sampling. Now my wife’s spidey sense was really tingling and I decided to dig much deeper.

Turns out the CEO of Monaco, Kris Marszalek, and 2 of his other senior executives held similar positions in a the company Ensogo. This company was forced to shut it doors middle of last year (2016), and suspended by the Australian Securities Exchange (ASX). They are being investigated for fraud and there are many looking to collect.

“On June 21, 2016, Ensogo announced that it will shut down all South East Asia operation (including Hong Kong) and its CEO Kris Marszalek has resigned;”
"it also requests ASX to suspend shares trading. The unprecedented shutdown affected operations in several countries; workers in Singapore found the office was closed, Hong Kong sellers call for police investigation of fraud and certain stores in Thailand rejecting deals purchased by consumers, though the Consumer Protection Board is expected to summon Ensogo executives for remedial issues."


Wow. Monaco raised a mind-boggling $26 million in its ICO just over a year ago and gave nothing apart from an iphone/android exchange app that any Indian or Chinese dev could make for a few hundred dollars and a purchase of the crypto.com domain name for several million dollars.

These people with highly questionable pasts are enjoying the high life on the investors money  Shocked

Over a year after the ICO still no VISA cards have been shipped out. Such a shame investors were duped in to this ICO.
251  Bitcoin / Bitcoin Discussion / $Millions in Investment. Why Did Investors Choose Coinbase? on: July 16, 2018, 12:55:37 PM
There are so many Bitcoin address, wallet and merchant providers out there so how did Coinbase manage to get hundred of millions of dollars in funding?

Even as recent as August 2017 Coinbase raised another $100 million in investor funding: https://blog.coinbase.com/coinbase-raises-100m-series-d-led-by-ivp-f5f25cb51019

So why is Coinbase considered such a viable investment for investors rather than other similar products?
252  Economy / Service Discussion / BTCpay Server: A Real e-Commerce Game Changer? on: July 16, 2018, 11:21:34 AM



BTCPay Server: https://github.com/btcpayserver/

Could this spell the end (or be the beginning of the end) for payment processors such these:

Gateway            Acc      Fee     $2,500    $5,000    $10,000    $25,000

Bitpay               YES      1%     $25.00    $50.00    $100.00    $250.00
Bitcoinpay          YES      0.8%  $20.00    $40.00    $80.00     $200.00
Coingate            YES      1%    $25.00    $50.00    $100.00    $250.00
Coinpayments     YES      0.5% $12.50    $25.00     $50.00     $125.00
SetGetGo            NO      $1.66  $1.66     $1.66      $1.66       $1.66

So the most appealing to an ecommerce merchant from the above list would be SetGetGo simply because they charge a fixed fee of $1.66 regardless of the amount of transaction (final fee the customer pays at checkout). The problem with SetGetGo is that their pricing structure fails when merchants offer micro-payments. For example if a merchant sells an item for $1 then how can they pay $1.66 to SetGetGo as they would make a loss.

So while it might suit any ecommerce platform that have minimum amounts to checkout to use SetGetGo the margin between using Coinpayments (the lowest fixed fee from the list above at 0.5%) and SetGetGo (fixed $1.66 fee) is the breakeven point: A rate of 0.5% of $334 a customer will pay using Bitcoin at checkout is = $1.67 therefore anything above $334 makes sense to use SetGetGo. Anything below a $334 final checkout amount for customers using Bitcoin will be better to use whichever plugin works for your cart (Coinpayments at 0.5% is the lowest)

I have not carried out any research on reviews about the level of customer services and withdrawal fees for any Bitcoin merchant providers, I have only taken transaction fees in to consideration only so for further information you will have to do your own research.

Which now brings us to BTCPay Server. Is it a real game changer? First of all this is how BTCPay Server works:

(taken from a Reddit post) Think of BTCPay as a server which allows you to accept bitcoin without intermediates. The payment processors act as a server as well, but your customer's data, IP addresses go through them. Furthermore, most of the payment processors hold your crypto payments, and you’d have to withdraw it or convert it, similar to what exchanges do.

Benefits

    You are running a full node and helping the network

    You are protecting the privacy of your customers

    You’re using Bitcoin the way it’s supposed to be used, p2p, directly

    You’re avoiding fees that all payment processors have (monthly subscription/fees per transaction usually 1-2%)

    You can accept payments directly to your hardware wallet (currently integrated with Ledger very well) and you’re the immediate owner of those assets

    You can be a host and help other smaller shops accept payments through their stores

    You can accept other cryptocurrencies through BTCPay directly (Litecoin) and over 40 currencies if you enable shapeshift integration

    You will be able to accept Lightning Network payments

    Multiple merchants can have the same server and host their stores there, though this raises the issue of trust

Disadvantages

    It currently costs around 50-70$ per month (the cost varies depending on the server you’re using, it can be as low as 30$ )

    It takes a bit more time to setup and configures to fit your store needs, (took 3-4 hours for myself, I’m not particularly tech-savvy).

    You can not convert to fiat currency right away like with some payment processors, though in my personal opinion, the immediate conversion ruins the whole point of accepting bitcoin and does not increase the adoption.

How BTCPay works?

Currently, there are three basic elements of the puzzle:

    The server

    The plugin

    The wallet

You’re running your own server which has the full node running; the server is called BTCPay. Once installed it will be connected to your website subdomain. The plugin connects your server to your Woocommerce Store. In the plugin settings, you can set most of the stuff. A bit more advanced setting can be configured on the server. Your receive payments to your wallet (it’s possible to configure Ledger Nano S right out of the box).

This means that the buyer, pays directly to you in cryptocurrency and that the payment does not go anywhere else, the IP address is not leaked, the buyer data is not shared with a third party in any way. You will see the payment in your ledger wallet.

BTCPay is not the only solution to accept cryptocurrency directly, but after months of trying out, I found it the safest and the easiest to configure.

List of merchants using BTCPay

    9bravos.com

    bitcoinshirt.co

    Coincards.ca

    CryptoAsylum.com

    halongmining.com

    ludvigart.com

    ynotek.com

Useful Links

    BTCPay Website: https://btcpayserver.org/

    BTCPay Server Test page - feel free to connect your store and test it out

    BTCPay Slack: https://slack.btcpayserver.org/

    BTCPay Github: https://github.com/btcpayserver/btcpayserver

    BTCPay on Twitter: https://twitter.com/BtcpayServer

    BTCPay on YouTube: https://www.youtube.com/channel/UCpG9WL6TJuoNfFVkaDMp9ug

On their Github is shows the following coins as being accepted alongside Bitcoin:

   BGold
    Dogecoin
    Feathercoin
    Groestlcoin
    Litecoin
    Monacoin
    Polis
    UFO


The coins are optional, QR codes are generated instantly by clicking the coin icon. I have not looked at how the ShapeShift integration works. According to the Reddit post it might seems optional but it does not seem to have an affiliate link on rollover or URL when opening ShapeShift. Personally I read so many negative reviews about ShapeShift I decided to use Changelly the few times I needed to. When clicking ShapeShift it opens a new pop up and allows customers to swap their coin to the method of payment with ease. Maybe will not look so smooth when using a mobile/cellphone with limited screen size. I am using a PC so have a larger screen to view.

BTCpay has a great looking UI and had lots going for it. According to their Github they have plugins for:

  WooCommerce
  Drupal
  Prestashop
  WHMCS


If they release plugins for Opencart, Zencart, osCommerce and Magento then basically they have the main players. With the majority of ecommerce websites running on Wordpress/Woocommerce they already have taken a huge step forward to offer a massive percentage of ecommerce traders with their already released plugin.

Have your own personal transaction fee free Bitcoin payment system by paying for an MS Azure running your node versus Using a third party payment plugin and not paying any MS Azure server fees to run your own node but instead paying transaction fees and/or withdrawal fees from your merchant. Either way you will spend money as merchants, if not in advance for the server/node then later after transactions take place.

So what are your views of innovations such as BTCPay compared with older crypto payment processors?

253  Bitcoin / Bitcoin Discussion / Bitcoin Payment Processors on: July 14, 2018, 07:08:12 PM
With so many options for accepting Bitcoin on your website do we need any more?

So many companies offer services to accept Bitcoin or some other crypto as a method of payment, I recently saw another one pop up in testing mode.

Unless something exceptional is offered including super-low fees do we need to have more and more options to process payments on websites?
254  Bitcoin / Bitcoin Discussion / Bitcoin Lost Coins: Approximate Number That Cannot Be Retrieved on: July 08, 2018, 07:34:56 PM
Does anybody have a URL/link to any statistics showing approximately how many Bitcoins might be lost because of lost passwords, hard drive failures/losses and so on...

As of today (8th July 2018) there are approximately 17,138,425 Bitcoins listed on CMC as in "circulation" but that means those that have been mined to be more precise but approximately how many of those have been lost?
255  Alternate cryptocurrencies / Altcoin Discussion / Monaco vs Tenx vs Minexpay on: July 06, 2018, 04:13:48 PM
So many VISA related crypto payment cards out there.

Which is the one you think is the best and why?
256  Alternate cryptocurrencies / Marketplace (Altcoins) / snipped on: July 05, 2018, 04:24:39 PM
snipped
257  Bitcoin / Bitcoin Discussion / Bitmain Reaching 42% of Bitcoin Network Hashrate on: June 25, 2018, 10:22:26 AM
Bitmain, the largest manufacturer of ASICs, is getting close to 51% of Bitcoin’s network hashrate as its two subordinates reached close to 42% last week. The manufacturing and mining giant owns both BTC.com and Antpool.

Antpool is a mining pool operated by the Beijing-based company, and it found 14.6 percent of all bitcoins last week. By comparison, BTC.com is supposedly independent (while still being owned by Bitmain) and found 27.2 percent of all bitcoins last week.

Full report here: https://www.livebitcoinnews.com/bitmain-approaching-51-of-network-hashrate-for-bitcoin/

Too much power and too much control in the hands of one person or one company, that is not acceptable on many counts. The risks are too high so what is the best way to avoid any chance of Bitcoin potentially becoming hostage to any person/company in the future? It has not happened so far but things might take a turn for the worse in the future.
258  Bitcoin / Electrum / How Many Forks Of Electrum Wallets Are There? BTC, LTC, BTG, BCH, DASH on: June 17, 2018, 11:40:03 PM
Electrum Bitcoin
Electrum Litecoin
Electrum Bitcoin Gold
Electrum Bitcoin Cash (called Electron Cash)
Electrum Dash

Are there any other Electrum walllets out there?
259  Economy / Services / Ubuntu Ethereum Keys Generator on: June 13, 2018, 11:49:08 AM
I have a .deb file which when executed creates ethereum addresses and send them to database.

I need a small modification made but unfortunately the coder I hired took payment from me but never gave me the source code so I am looking for find a coder who can do this from scratch as editing the .deb package will not be possible.

Price negotiable.
260  Economy / Speculation / When Will Bitcoin Be Back To $20,000 ? on: June 11, 2018, 07:43:21 PM
When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?
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