Bitcoin Forum
August 15, 2022, 07:18:17 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 »
1  Bitcoin / Legal / Re: labcoin lawsuit on: April 30, 2018, 09:48:04 AM
haha everyone who is involved must contribute SOME amount of BTC, else they risk the possibility of what that may mean if any of the funds are recovered 


If I remember correctly, some of us did pitched in for the lawyer's fees. We also sent him our respective amount of shares and invested BTCs.

@virtual spade,

whats the best case scenario for investors who got ripped off if the law suit goes well?

Regards

Joey

My best guess is that if Alberto is found guilty and has to repay investors, then it depends if the judge asks for the reimbursement to be in actual BTCs or the then value of BTC.
2  Bitcoin / Legal / Re: labcoin lawsuit on: April 22, 2018, 03:21:23 PM
Hello everyone,

The news we all have been waiting for has arrived...

Alberto Armandi will be prosecuted in Italy this September for the Labcoin case following the complain.

More details on how to claim your BTC from the case will become available later, after I discussed it more with the lawyer.

Nice one Virtualspade! Wondering if he will have to give back BTCs or their corresponding values at the time.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: September 07, 2014, 09:58:05 PM
Then Jasin disappeared again. Then he came back and told us he doesn't have enough money to order the units we paid him for.
That is a worry if it is true, considering his company was the major sponsor of the bitcoin beltway conference. When was the money paid to Jasin?

Do you have any link confirming this?
4  Economy / Gambling / Re: share market by credit card on: July 04, 2014, 06:06:47 PM
There should be a system in place to vote down threads.
5  Economy / Securities / Re: CryptoDron - Crypto Hedge Fund on: June 24, 2014, 10:42:34 PM
Website behind cloudflare, but found a direct-connect IP address that shows it uses Black Lotus Communications services (192.31.186.12). Lots of work to remain anonymous... (except if all this is to avoid DDOS  Roll Eyes ).
There are quite a few other domain with this same IP (37 to be exact) like cryptodelia.com (quite similar whois info https://who.is/whois/cryptodron.com https://who.is/whois/cryptodelia.com).
looks like cryptodelia was used as a forum for Particle coin (PRT) by forum member moonmooncoin

reddit
Quote
Particle (PRT) Forums at cryptodelia (cryptodelia.com)

submitted 5 months ago by moonmooncoin to /r/particlecoin

Anyway, not sure why I m digging... if someone is foolish enough to invest 15 BTC in this, he/she would lose his/her coins soon or later anyway.
6  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] Fibonacci SCRYPT ASIC Litecoin LTC Miners - Community Driven on: June 19, 2014, 03:27:36 PM
Exchange timeline is not firm, we are ensuring security above all else. That was the first beta test, we are running more even now, partly for performance and partly for further debug.

We will be disclosing a timeline for the ASIC soon, that was what was referenced in that quote.

Hosting via proxy is correct, moustache wrote the base code, other team members took over from there and it is nearly finished.

Can you disclose who the other team members are? 
7  Economy / Securities / Re: Hall of Shame Leaderboard/Awards: Vote for your Favorite Worst Crypto CEOs Ever! on: June 17, 2014, 05:35:50 PM
Alberto Armandi - Labcoin (1x *Disappearing Act*)


Alberto disappeared - not carrot on stick there
8  Economy / Scam Accusations / Forum messaging - Malware? on: June 17, 2014, 12:30:13 PM
Got this message:

Hello!
Please have a look at my new game. It's a Bitcoin inspired Action-RPG Game where you can earn REAL bitcoins by doing quests. It's still beta, and I really need some feedback! Does it run smoothly on your PC? It won't take you more than 5 minutes! Help us to make this game the best it can be! Thank you in advance!

http://CENSORED x32/x64 10.434 mb (win XP/Win 7/Win 8/8.1)


all beta testers will get a free registration key for life

All signs points towards a malware. If someone wants to have a look at the code...
9  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] Fibonacci SCRYPT ASIC Litecoin LTC Miners - Community Driven on: June 16, 2014, 03:42:40 PM
Ok, that's fair enough. Just a few questions;

Any update on when the exchange goes live? beta was tested almost a month ago if I don't mistake.

Also, regarding tape out, you mentioned that:
We should know by mid June some firmer dates.
Is this still on? are you going to disclose some sort of timeline?

Finally, regarding hosting, if I understand correctly a client can control his hosted miner via proxy.
Who is coding for this? moustache? has it been done?

Thanks
10  Local / Ελληνικά (Greek) / Re: BTCGreece.com on: June 16, 2014, 03:23:58 PM
Αγαπητέ ιδιοκτήτη του btcgreece.

Όπως ήδη γνωρίζεις υπάρχει ανασφάλεια γύρω από το bitcoin σε όλο τον κόσμο.
Εγώ δεν θα κρίνω απλά να επισημάνω μερικά πραγματάκια:

1. Το να ψάχνεις πελάτες εδώ πέρα και να τους ειρωνεύεσαι δεν θα κερδίσεις κάτι
2. Δεν αναφέρεις πουθενά το ΑΦΜ, την διεύθυνσή σου, ένα τηλέφωνο επικοινωνίας. Οι πελάτες έχουν ανάγκη να ξέρουν ποιος επιχειρηματίας είναι πίσω από μια εταιρία, έστω και προσωπική.
3. Λες είναι προσωπική επιχείρηση. Και προσωπική επιχείριση να είναι έχει ΦΕΚ σύστασης. Γιατί δεν το εμφανίζεις.

Αυτά δεν στα λέω γιατί είμαι καχύποτος. Τα αναφέρω για να βελτιώσεις την εικόνα σου προς τους υποψήφιους πελάτες σου.
Χωρίς τα παραπάνω δεν θα βρείς κανέναν σοβαρό πελάτη και οι Τούρκοι συνεργάτες σου δεν θα είναι ευχαριστημένοι... Αλήθεια αυτοί έχουν ονόμα και φωτογραφίες τους (https://www.btctrader.com/#AboutUs).

Δεν νομίζω ότι χρειάζεται να κρύβεστε...

+1 & λολ
11  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] Fibonacci SCRYPT ASIC Litecoin LTC Miners - Community Driven on: June 16, 2014, 03:18:38 PM
I have dealt with contractors from India just like this, take a job they cannot finish or even understand. Turn in code that makes no sense and is no where close to the guidelines set forth. Then getting mad when you tell them the work isnt correct and you will not pay them for it.

Hope you're not talking about fib...
12  Economy / Securities / Re: List of fraudulent compaines and corporate failures on: June 13, 2014, 04:33:48 PM
http://trilema.com/2012/the-bitcoin-drama-timeline/

trilema documents lots of the scams

there are also the scam asic manufacturers: BFL, Active/Virtual, HashFast, Cointerra, Bitmine...

Thanks for the heads up.  If you have specific companies with details post them here when i have time I will do my own additional digging but untill then if you find anything else let me know.

Thanks again for the heads up.

Kr,

Malcolm O

I would add KNC as "person of interest", http://www.coindesk.com/problems-plague-kncminer-broken-super-jupiters-arrive-doorsteps/

I'd suggest reading the comments...

As for success stories Smiley I guess the one at the top of the list would be ASICminer (at least for IPO investors who definitely achieved ROI, not sure about the ones who bought before the fall of Burnside's exchange - BTCT)
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Swarm? on: June 13, 2014, 02:16:16 PM
Regarding Swarm: http://www.coindesk.com/sec-delay-crowdfunding-rules-stifling-bitcoin-innovation/

Quote
Brian Klein is a partner at the Los Angeles-based litigation boutique Baker Marquart LLP, the chair of the Bitcoin Foundation’s legal advocacy committee (although he is not writing here on behalf of the foundation), and a former US federal prosecutor. This article was co-authored alongside Molly White, a partner at McGuireWoods LLP in Los Angeles and a former SEC enforcement attorney.

Crowdfunding

Crowdfunding has undoubtedly become an important way for emerging and innovative companies to raise money. Look no further than Soylent (the high-profile and controversial food replacement product), which raised millions through crowdfunding.

Not surprisingly, entrepreneurs are developing bitcoin-powered companies and applications that could revolutionize both the crowdfunding field and the cryptocurrency space.

With the assistance of the bitcoin protocol, a company that wants to crowdfund can potentially avoid using current and perhaps more costly third-parties like Kickstarter and Indiegogo.

Examples of bitcoin crowdfunding platforms that are in development include Mike Hearn’s Lighthouse app and Joel Dietz’s Swarm (which describes itself as ‘the Facebook of crowdfunding’).

Unfortunately, crowdfunding’s (and thus bitcoin’s) ability to reach its full potential is stalled, for the time being. This is because the SEC has not yet issued rules that would allow crowdfunding as a way to sell equities in a company (ie: stock).
The background

In April 2012, Congress enacted the Jumpstart Our Business Startups Act (or JOBS Act), legislation meant to make it easier for small businesses to raise money. One way that Congress sought to do that was to allow companies to use crowdfunding to raise up to $1 million in a 12-month period.

However, because Congress believed crowdfunding could increase the possibility of investment fraud, it put in place some significant limitations. Those measures include limiting the amount of money that an investor can invest – up to $2,000 or 5% of the investor’s annual income (whichever is greater) – as well as requiring companies to crowdfund through an intermediary and to make certain disclosures to potential investors.

Congress also directed the SEC to issue rules to implement fraud protection.

Crowdfunding through an intermediary means working with either a registered broker-dealer or a funding portal registered with the SEC. For a crowdfunding website to qualify as a funding portal and sell equities, that website will have to be a member of FINRA, be registered with the SEC, and be subject to SEC examinations. As for the disclosure requirements, they will be substantial.

In October 2013, the SEC proposed rules to govern the offer and sale of securities through crowdfunding. If those rules are enacted (as is expected), a company will have to disclose:

    The identity and business experience of its directors, officers, and anyone who holds more than 20% of the company’s shares
    The nature of the business
    The risk factors in making the investment
    Any related-party transactions between the company and directors, officers, or family members
    Information about any other exempt offerings in past three years
    How it will use the funds that it raises
    Financial information about the company
    The amount and the terms of outstanding debt
    Information about the number, type and price of securities offered
    The target amount the company would like to raise and the deadline for reaching the target

Adverse consequences

It is now June 2014. When Congress enacted the JOBS Act in April 2012, it gave the SEC 270 days – until January 2013 – to adopt its rules. With that date now long past, and with the passage of eight months since the SEC proposal, one can only hope that the rules will be finalized by the end of this summer.

In the meantime, offering securities in a crowdfunding campaign, regardless of the country of origin, may and likely does violate SEC regulations, among other potential problems. Failing to wait for the SEC to finish its rule making risks an SEC investigation and significant adverse consequences, potentially even criminal consequences.

The SEC needs to enact the crowdfunding rules as soon as possible. Doing so will help everyone, including bitcoin enterprises that are developing crowdfunding applications, or that are hoping to tap into crowdfunding for raising money. Innovation should not have to wait any longer.
14  Economy / Securities / Re: List of fraudulent compaines and corporate failures on: June 12, 2014, 04:30:44 PM
what are you gonna do with this info you are collecting by the way?

Dear River boat Smiley GOOD QUESTION.

I will reveal all once the list is mature.

At the moment it will serve as a warning and a reminder to prospective investors to do proper research on companies before they invest.

Kr,

Malcolm O

Hum, did you consider making a list of the successful ones? That would take no time
15  Economy / Auctions / Re: Auction for three S1's Ending Tues 10th June 14 20:00GMT on: June 08, 2014, 07:12:31 PM
You can use something like that (let me know if you want/have used it and I ll delete this post)

16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation on: June 07, 2014, 06:52:25 PM
The OP link for Poloniex exchange is outdated: https://www.poloniex.com/exchange/btc_hic
it directs you to Aiden coin (which, strangely, is also https://www.poloniex.com/exchange/btc_adn).
Anyway, it should be: https://www.poloniex.com/exchange/btc_hiro
17  Economy / Securities / Re: List of fraudulent compaines and corporate failures on: June 07, 2014, 02:26:02 PM
LABCOIN - internal fraud - 7000 to 10,000 BTC - Alberto Armandi, Fabrizio Tatti, Alessia Tatti, Daniel Larsson (aka theSwede75 who is presently press officer at Cointerra) - Reference
18  Economy / Securities / Re: [ApplianceStore] UPDATED IPO - Profitable - 10% Of Gross Sent To Partners DAILY on: June 05, 2014, 12:22:22 PM
You shouldn't invest, would lower my dividends Tongue

If someone else "invests", your dividends go down?  How's that?

OP:
Management Fee Bonus

100% of the management fee will be distributed to partners until 100% of their initial contributions have been recovered.

Example: If one person claimed 1,000 units and no more were sold that person would receive the full 10% of daily gross until their initial contribution was fully recovered. Paid daily.

19  Economy / Securities / Re: BMF has lost access to it's wallet [UnModerated] on: June 04, 2014, 01:04:07 AM
Hey guys, I tried to show you what was a good backup. https://bitcointalk.org/index.php?topic=631605.msg7031124#msg7031124

usagi's backup did not follow:

offsite. despite claimining it is "offsite", it's managed by the same provider, so I consider it to be the same point of failure
offline: nope, by his own admission. claims "usb keys fail". well, then, keep two. keep your online backup and one offline. omg revolutionary!!!
history: probably not
encrypted: unknown, probably not
tested: lol

Even if we abide by usagi's fail definition of offsite, he failed everywhere else.
Spending $10000 on backup when you can achieve that for $100 tops is adding insult to injury.

What else is there to add?

But don't worry, this happens to the best.


I agree with this completely. Even with last paragraph - as you might read about Slush's stolen BTC some time ago.

On other hand(unrelevant) I don't believe that those USB sticks are more durable to situations like house fire(very high temperatures) or house beign destroyed(like earthquakes, etc.).


Hopefully there will be services in future that will guarantee your BTC won't be stolen/lost by some kind of insurence or something similiar so everyone running service with lot of BTC could use it for everybody's sake(even the owner). Because let's be clear, after BTC will become legal tender there won't be any difference between stolen/lost BTC and default/scam.

For a cheap cold storage solution just buy a raspberry pi, install armory via USB stick (http://coldpi.com/manuals/install.html), and use the offline wallet feature if you need to effectuate transactions (https://bitcoinarmory.com/about/using-our-wallet#offlinewallet). Backup your private keys on 2 5 10 (lets be paranoid) heavily encrypted USB sticks and untrust them to people you know (family, friends, bank safe, collar of your dog, etc...).
Assuming you already have an online computer, the raspberry pi + 10 USB sticks will set u back $100-$150
easy  Grin
20  Economy / Securities / Re: Klyemax Studios Shareholders thread. on: June 03, 2014, 03:42:19 PM
lol, doesn't even worth commenting. I second SebastianJu, take it to the scam section, or the bitcoin police... or whatever.

NB: Not invested in klye venture(s(?)).
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!