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1  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 16, 2014, 04:18:23 PM
If the bankruptcy is actually filed can we dispute it and request it to be dismissed at the discharge hearing based on a fraudulent conveyance?

ElectricSavant
2  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 05:14:10 PM
Hey, take a chill pill savant, you're rambling.
 Roll Eyes

BT was never a Bitcoin business, it was a fiat business that claimed to arbitrage Bitcoin.
You were attracted by the ROI and convinced yourself that it could be legitimately and continuously achieved simply because Bitcoin.
I bet you wouldn't have considered an investment offering similar returns without that magic word.
Unrealistic expectations and all that..........
 Undecided

yeah...
3  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 05:08:00 PM
Hey..becoming a chasing rainbow broker could be where some money can be made...
4  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 04:49:26 PM
This is true and BTC is the logical anonymous magnet..I do not need btc to transfer money...I do not have the calling. We all make choices and I have decided for myself btc is going nowhere its just a passing fancy. I have been wrong all my life about things...so chances are that I am wrong...I have a bitter taste in my mouth from btc and my decisions...can't change that.

You didnt "invest" in this scam to transfer money, you did so expecting a fat profit. The same reason may lead you to buy and hold bitcoins (in cold storage). Mine so far have gone up ~10000% in just a few years; while that may not happen again, Im still confident it will go up further and  I dont get why people think that potential is not enough and waste their precious coins on scams hoping to do better.

Don't get me wrong....If BTC were more traceable and trackable where accountability could be enforced...it would be my transfer system of choice. You folks can beat me over the head as much as you want...I made a mistake..so there now beat me...You guys remind me of my wife...reveal a weakness and she is all over it. BTC sucks as a transfer system so there!!

Besides the banks in the USA who hold all of our mortgages and have all of the power will never allow virtual currencies to take away their market share...

Give up your calling all of you  progressives...Obama lovers....ETC....The world is what it is and I have no faith in mankind. BTC is not your answer. There is no perfect world that you are going to achieve, so get out of the fantasy and look around you.

LordoftheFliesSavant

P.S. A friend of mine that is older than I is much much more skeptical and cynical than I...but I consider him wise...He makes no friends as he does not put himself out there with a trusting attitude. He makes no investments other than tangible ones because he believes everybody offering investments are the only ones that make any money. Wifey agrees with him too..perhaps this is my new handle...ElectricStopsChasingAfterRainbowsSavant.
5  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 04:32:52 PM
You know folks...I have not been able to make any money with bitcoin it is just a passing scam...We have paypal and transfer systems much more reliable and that are not a hotbed for snake oiling scamming theives (the anonymous nature of BTC is their magnet).

I am tending to side with Warren Buffett recently.

ElectricSavant

Thieves and scammers use Paypal and Western Union too.  It's not a bitcoin problem, it comes down to how careful each individual is with where they put their money and HOW they use their money.  Whether it's bitcoin or fiat,  as long as something has a perceived value, a percentage of the population will try to trick you out of it.

This is true and BTC is the logical anonymous magnet..I do not need btc to transfer money...I do not have the calling. We all make choices and I have decided for myself btc is going nowhere its just a passing fancy. I have been wrong all my life about things...so chances are that I am wrong...I have a bitter taste in my mouth from btc and my decisions...can't change that.
6  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 04:29:37 PM
You know folks...I have not been able to make any money with bitcoin it is just a passing scam...We have paypal and transfer systems much more reliable and that are not a hotbed for snake oiling scamming theives (the anonymous nature of BTC is their magnet).

I am tending to side with Warren Buffett recently.

ElectricSavant

Wait so people who invested fiat money in this scam will get their money back you think?
Ha!

Its a scam, it doesnt matter if you gave them dollars, gold or bitcoin. If you are dumb enough not to see something ran by an anonymous group who claim to make > 3000% YoY with your money is a scam or ponzi, you only have yourself to blame. Try sending dollars to the next Nigerian Prince who emails you and see how that works out.

I deserved that.

LookingforprofitinallthewrongplacesSavant
7  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 04:18:55 PM
You know folks...I have not been able to make any money with bitcoin it is just a passing scam...We have paypal and transfer systems much more reliable and that are not a hotbed for snake oiling scamming theives (the anonymous nature of BTC is their magnet).

I am tending to side with Warren Buffett recently.

ElectricSavant

Just wait till the US Dollar is no longer used as the World's Currency Reserve, which I might add use to be the British Pound before Nazi Germany bombed most of their economy during World War II.

Look up "BRICS" and what they're doing to dislodge the USD as the 'go to' currency for international trading of goods and services.

The day is fast approaching when the world will metaphorically walk back to the table and cut our 'credit card' up and demand cash payment (in this case for out $16+ trillion foreign debt).

The Fiat System is the largest Ponzi/Pyramid Scheme in history. Seriously, a system backed by no hard assets; just the word of the Government that issues that fiat currency. Or even better when they do back it with hard assets. It's always Gold or Silver. WHAT THE FUCK good is that shit. You can't eat it, you can't drink it.

To have a stable 'paper and coin' currency system you'd want to pick hard assets that are useful. Like land, food, water; stuff we all need to live.

You know...I think Warren Buffett might agree with you...Smiley
8  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 03:38:00 PM
You know folks...I have not been able to make any money with bitcoin it is just a passing scam...We have paypal and transfer systems much more reliable and that are not a hotbed for snake oiling scamming theives (the anonymous nature of BTC is their magnet).

I am tending to side with Warren Buffett recently.

ElectricSavant
9  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 03:27:20 PM
I was told by support once..... that the investment would not be affected by the rise and fall of BTC as it is disconnected from the balance:

It was our intention to remove the bitcoin volatility from our investment plans and therefore decided to keep all account balances in USD. This eliminates the risk that earnings are wiped away in case of a bitcoin depreciation.

Now if you invest with bitcoin, the only risk you are facing is the period of time between the purchase of bitcoin and depostiing them with us and vice versa once from the moment you receive your cashout until the time you are able to liquidated the coins into fiat. However, both can easily be managed by picking a day when the volatility is very low.

Please let us know if we can be of further assistance.

With best regards,
Bitcoin Trader Support


I have been asking them for months how they would remain solvent if bitcoin dropped to 300 or so...  The shares that closed on the weekend of the crash where bought at 650 and sold <300...   They never where able to give a straight answer.  It's magic! 

So you don't really need a "hot wallet hack" to explain their cashflow issue.  Most savy traders cashed out where they thought the bottom was..  BT had to pay out at that rate which was quite steep., and their hot wallet ran empty.

I suspect the lack of audit probably reduced the renewals and new investments more than normal on just the wrong weekend..



From what I understand they use the USD as the safe haven. It is the time between the transfers where the risk lies. I suppose this could apply this to their time in the arb trade also...perhaps they get neutral daily..but the recent drop in BTC and the point made here is valid...they need more usd to process cashouts today. The various cloud mining operations that are not disbursing could reveal THAT THEY TOO WERE PONZI SCHEMES, JUST BY THE FACT THAT THEY ARE NOT PAYING OUT...BEWARE IF YOU HAVE A CLOUD MINER TELLING YOU THEY HAVE MAINTENANCE ISSUES...SAY LIKE MIMOCLOUD IS CLAIMING...
10  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 02:41:00 PM
Come on BTC trader....do the right thing. I do not want to spend time on tracking you down to get my 10k back...I still am holding out hope for you...but you have disappeared from the the support tickets and the reports on your blog. The trading has ceased and you have stopped updating the earnings calendar...My three cashout requests are still sitting unfullfilled and not being disbursed for a week now.

I am sorry to hear that you had technical troubles and from what you reported your wallet was fixed a few days ago and you are now performing maintenance. Your investors have now taken notice that their funds may be lost due to the extreme amount of time that has passed during your troubles and your recent silence has not helped. This can spiral out of control for you and your handling of this technical problem may be the cause of the spiral.

ElectricSavant
11  Economy / Service Discussion / Re: bitcoin-trader.biz on: October 12, 2014, 02:19:28 PM
I was told by support once..... that the investment would not be affected by the rise and fall of BTC as it is disconnected from the balance:

It was our intention to remove the bitcoin volatility from our investment plans and therefore decided to keep all account balances in USD. This eliminates the risk that earnings are wiped away in case of a bitcoin depreciation.

Now if you invest with bitcoin, the only risk you are facing is the period of time between the purchase of bitcoin and depostiing them with us and vice versa once from the moment you receive your cashout until the time you are able to liquidated the coins into fiat. However, both can easily be managed by picking a day when the volatility is very low.

Please let us know if we can be of further assistance.

With best regards,
Bitcoin Trader Support
12  Economy / Securities / Re: WARNING Cryptostocks.com INVESTORS SECURITY FLAW on: August 09, 2014, 04:31:51 PM
I lost my authenticator code and I cannot log in...there is $100.00 there.
13  Economy / Securities / Re: WARNING Cryptostocks.com INVESTORS SECURITY FLAW on: August 09, 2014, 02:55:42 PM
I have been emailing their support department at Crypto::Stocks... customerservice@cryptostocks.com

I have a log-in issue and I cannot get into my account. They do not answer the emails. It has be a few weeks now. I keep sending new emails asking them why they do not answer? They seem to be ignoring me or they are not reading their emails.

ES
14  Economy / Securities / Re: [Cryptostocks]FIREMINE another listing that seems to have taken 5 min to make on: August 09, 2014, 02:50:46 PM
I have been emailing their support department at Crypto::Stocks... customerservice@cryptostocks.com

I have a log-in issue and I cannot get into my account. They do not answer the emails. It has be a few weeks now. I keep sending new emails asking them why they do not answer? They seem to be ignoring me or they are not reading their emails.

ES
15  Bitcoin / Mining support / Re: New sp30 on: June 15, 2014, 07:06:03 PM
I am interest to solve the noise problem also. I emailed Guy at Spondoolies and asked him if I could remove the case and run it with bigger fans with the case off...and he replied with a one-word answer "No".

ElectricSavant™
16  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 11, 2014, 05:49:32 PM

Quote
I changed it to 5,000 and was just about the same. I'll agree BTC/USD we'll never really know what it will be and well, difficulty is always on the rise. https://blockchain.info/charts/difficulty. Seriously, does it ever go down to make a difference?
Still no ROI in 12 months. If you aren't guaranteed a positive return on your investment then don't invest.

but opentoe...its for the cause...HeHe
17  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 11, 2014, 04:43:31 PM
Folks and fellow miners,

I have had some communication with the fellow named "Guy" at Spondoolies. Folks you really should go to their website if you have any specific questions about your planned purchase....they are really really helpful and seem to be there for their customers.

It may be short lived...but for right now you cannot get better support. We shall see.

I found out that these units ARE NOISY. You really do not want to run them in your home unless you got a basement.

Hosting is a kewl idea...they keep the unit and run it for you...THIS IS NOT REMOTE HOSTING!

When you preorder your unit you do not need to pay and preorder the hosting part...you just give them a note not to ship and hosting payment to follow.

Anyways hope this helps!

ElectricSavant™
18  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 06:39:14 PM
I had tried sending PM's to the 'Real' spondoolies account too and it was never replied to.  I'm sure it's still sitting in their inbox.

Well be patient...I think they are in Israel and there may be a communication difficulty. I think he needs to check HERE in this website for PM's. I do not think he is working together with the other spoondoolies.

dboldt. I am sorry for your loss.

ElectricSavant™

It's Spondoolies not Spoondoolies

corrected...Thanks..
19  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 06:28:00 PM
I had tried sending PM's to the 'Real' spondoolies account too and it was never replied to.  I'm sure it's still sitting in their inbox.

Well be patient...I think they are in Israel and there may be a communication difficulty. I think he needs to check HERE in this website for PM's. I do not think he is working together with the other spondoolies.

dboldt. I am sorry for your loss.

ElectricSavant™

P. S. You see its things like this that give Bitcoin a bad name and we do not need some idiot Senator to propose regulation that might not be advantageous for Bitcoin in the United States. Bitcoin seems to be filled with these scammers enticing users to send bitcoin to addresses untraceable to a persons registration or an account (anonymous).
20  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 06:19:24 PM
Since Spondoolies does not respond to PM's I will post publicly (I simply clicked on his name right here so I know the PM went through).

I was contacted by SponDoolies-tech ` (notice the little mark on the end it is not very noticable).

I suppose this forum software accepts those little marks and other symbols in the registration of new users. So it is real easy to impersonate.

Fortunately the PM that I got yesterday I did not take advantage of. It was for early delivery of the SP 30's that was offered to me. There were 10 units available for delivery next week and all I had to do was to pay to the bitcoin address in the PM by the bogus spondoolies.

Anyways...

Why no response to PM's?

ElectricSavant™
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