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701  Economy / Scam Accusations / Re: Master-P SCAMMER. I lost complete faith in this forum now. on: January 18, 2016, 11:03:32 PM
So this is probably why he paid back half of the losses so nobody can sue him for being under the allowed limit to be able to sue in his country. I think it has to be an amount over $5000 usd which is probably a lot more in Canadian exchange to be able to put up a case per individual to claim it as damages.

I think you can sue for any amount you want, just might be not worth it especially for foreign victims.


I google his name and this popped up : http://www.webhostingtalk.com/showthread.php?t=1374482 if that's really him, seems like he has been scamming for a long time.

It's in the post you quoted and also has been posted earlier in the thread. Yes, same mailing address and name, not much doubt here.

Oh shit, didn't see that one. So that's from 2014 meaning that he is basically a pro scammer but why was he paying some members here? Trying to get rep back? We all know even if he paid everyone back he wouldn't have gotten his rep back so why do it?
702  Economy / Economics / Re: Is it better to save money or invest it? on: January 18, 2016, 11:01:34 PM
Invest, because the value of money losses over time, due to inflation, better to invest in bitcoins

But bitcoins are money as well, they can just as easily if not easier lose value over time, I mean literal value or even become totally worthless which is probably not going to happen with fiat.
703  Economy / Scam Accusations / Re: Master-P SCAMMER. I lost complete faith in this forum now. on: January 18, 2016, 10:55:01 PM
I am tired of this bullshit. You got your warnings as well as plenty of time to follow through on repayments. Sorry you are too dumb to know better Eric. Have fun being harassed until you go to Canukistani prison.

Eric Charn Hung Lew AKA komodovpn.

26 Halldorson Ave
Aurora, Ontario
L4G 7Z1
Canada


landline 1-905-841-9745.

-Son of Kwon Kwong Lew, and Susanna Lew.
-Has a Bachelor of Arts degree in accounting in the University of York
-Lives at the same address as parents, with phone number 1-416-768-3232.
-Steam account ID: http://steamcommunity.com/id/mfjonezxz
-Email: 170forceshielder@live.com

Related info.
http://www.webhostingtalk.com/showthread.php?t=1374482

*Information in bold is personally verified. The rest is from unverified 3rd party sources.


I google his name and this popped up : http://www.webhostingtalk.com/showthread.php?t=1374482 if that's really him, seems like he has been scamming for a long time.
704  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: January 17, 2016, 02:08:35 PM
Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.

If we just hold bitcoin in our wallet and do not use it, the bitcoin will be useless, so the price will go down eventually.

Supply and demand: the market requires change and transactions to grow.

By not using the bitcoins, you restrict the amount of trading that goes about. If everyone were to stop, then the price would drop down straight to 0.
No demand.

Maybe we first hold most bitcoin and trade with small amount of coins. When the market can absorb more coins, we will hold less and release more coins to the circulation.

no, you need to use bitcoin directly, so the market do not need to absorb anything, and you can benefict it indirectly, for your other remained coins

The more useful the bitcoin, the more value it has. We need to use the bitcoin directly, we should not sell it on exchanges.
I think  that sell is a type of using bitcoins, whats the difference of exchange  with other ways of using?

how so, if you don't sell but use bitcoin to buy stuff you want, you don't dump which result in less pressure on the market

you are helping your other coins to grow in this way, since demand will be stronger

Not really. Demand is not going to be stronger because you buy things with bitcoin, demand goes up when a big business implements bitcoin as a payment option, for example, then the demand goes up because people can buy things with bitcoins that they couldn't before.

less pressure means indirectly better demand you know, the same "demand" is more willing to increase the value of the coins if there was less pressure on the market, because it means that those that are selling are few people and they are willing to sell at higher value

What? What pressure, what are you talking about. I don't see how the market would change because I boughta pizza with my bitcoins right now, you mean the seller would try to sell for higher price? I'm pretty sure the pizza dealer would dump his coins just as fast when there is a dump going on because he owns a business and he can't afford to lose coins.

your pressure, instead of dumping for fiat to bought that pizza, you bought it directly , this mean that you did not dump, can you understand this? it's simple man

now multiply this for everyone else doing so, and you get "less pressure on the market" less dumping

Bro, It does not matter if I sell it or not because the pizza dealer would sell it instead, so in the end those coins are going to get sold anyways and they are going to get sold in bigger amounts since the pizza dealer would want to wait to gather a few coins before selling, avoiding innecesary fees
705  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: January 17, 2016, 02:02:29 PM
Bitcoin has made a foundation!

Paypal is small echo from past ,bitcoin and other cryptos are future ..Now we just awaiting best off !

Bitcoin awareness is rising every day!

Ehh.. Isn't paypal the one with a really good foundation? Let's be honest, paypal is far from bitcoin as of now, bitcoins are too volatile and almost no big business are using it, on the other hand paypal is used almost everywhere, you can't really compare the two right now, give it time tho.
706  Economy / Speculation / Re: Bitcoin goes to 1200-1300 (within a month?) on: January 17, 2016, 02:01:06 PM
I believe it, that price may be higher bitcoin within 3 months, such as now bitcoin prices dropped rapidly within two days, probably as well as price hikes

This is a joke.
We are so far away from this goal, it will not happen within 2 years perhaps.
I advice to consider this thread as a big joke, and not some investment advice.

No one knows, big news can change the price dramatically like it happened with hearn and the price drop the same can happen with good news, imagine a really big business start accepting bitcoins, imagine apple, the price would go even higher than 1.2k in a matter of hours.
707  Economy / Scam Accusations / Re: Ptc4click IS A SCAMMER // Alt: fifarsking on: January 17, 2016, 09:31:24 AM
Well to be fair if you get scammed by this guy it's your own fault. He doesn't have good reputation whatsoever, why would anyone trade anything with him without an escrow or sending him first? You are asking to get scammed, I know you didn't, I'm just saying.
708  Economy / Scam Accusations / Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action on: January 17, 2016, 09:28:56 AM
Ok lets all play stupid for awhile and pretend we believe Big Vs latest ....ok stop laughing

I really don't get this part;

"If you happen to be the perpetrator of this crime, and want to send the coins back no questions asked, then you can simply send them to this address:"

 Huh

I'm sorry where is the incentive for the perpetrator to give back the coins  Huh

I mean they give back the coins big V won't go to the authorities  Huh, but big V hasn't gone to the authorities about it in the last year and half, and still doesn't have it anywhere in his list of possible option that he has clearly stated?

Honestly that seems something you would say if you are guilty, no one in his right mind can think that the thief would give the coins back after hacking his site. There are way too many contradictions in vern's statements
709  Economy / Economics / Re: How too get rich on: January 16, 2016, 03:03:13 PM
There's another option to get rich. Sell when old developers talk bad about Bitcoin, like Mike Hearn did yesterday. Buy when people start panicking and market crashes. This is the easiest money in a single day.

That's called trading bro.. That's what people do when trading, wait for significative news that could affect bitcoin and proceed acording to what happens, it's not going to make you rich most of the times tho, you have to be really good at it.
710  Economy / Gambling discussion / Re: What is your favorite type of gambling? on: January 16, 2016, 03:01:27 PM
gamble kind that let me win more often. lose again and again is no fun. just let me suffer the feeling of a winner sometimes is good enough.

lol, what dafaq are you saying. there is no kind of gamble that will let you win more often. it will  all depend on your luck, no matter what kind of gambling game is that. exploiting a site will let you win always though, but its illegal.

Well, there is sports betting or poker pvp, which does let you win more often than loosing if you are skilled enough so yeah there are gambling games that have ''good odds''
711  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: January 16, 2016, 03:00:03 PM
Paypal... for now I guess..
Unless bitcoin is getting more and more common.. if not I believe there are still many online or big stores don't accept them...

Bitcoin is not know to most people in the world. When most of us know it, it will be used widely as it is superior to conventional fiat.
bitcoin deployment is not yet complete, everyone yet know about bitcoin,

even many Internet users don't know about bitcoin, we must begin to do the deployment and spread, I believe paypal users will switch to bitcoin
Yes maybe you're right because paypal is known to many people before bitcoin. If we can invite friends to use bitcoin certainly will also be widely known. Especially with ease and there is no requirement to register dibitcoin burdensome yag become one of the main capital to get as many users

It's not about friends or people knowing bitcoins, it's about big business and companies adopting it, why it doesn't happen? The volatility is too high, why would any big business adopt bitcoins right now? What would they gain from it? Nothing, really, a part from the possibility of loosing tons of money when, like yesterday, bitcoin went down by almost 100$ in a matter of hours.
712  Economy / Gambling discussion / Re: Paid to gamble on: January 16, 2016, 02:58:15 PM
I've used faucets that are present on the casino that I gamble on and I've made multiple payouts of the profit I made from those faucet requests. It's not completely free though, since you're still spending time on it that could be used in other ways to make even more money.

I doubt anyone has ever made any significative profit from faucets only, you might aswell just save the money from the faucets instead of gambling it, gambling should be for fun, people still think you can get rich and have profit everyday from casinos.
713  Economy / Economics / Re: Is it better to save money or invest it? on: January 16, 2016, 02:45:03 PM
Well this a pretty retarded question. Of course it is better to invest money. That's kind of obvious.

Saving money it's an investment as well and no it's not neceseraly better to invest your money, you can always lose from the investment, even all the money you invested.
714  Economy / Gambling discussion / Re: Paid to gamble on: January 14, 2016, 10:44:01 AM
Do you really think anyone has made significative profit from doing that? Faucets generally give you like 1k satoshis to 10k satoshis which is a pretty low amount of money, winning 1 bitcoin from that amount is close to impossible and yea maybe there is someone that won 1 bitcoin from that once every 3 years but you might aswell just save the money from the faucets instead of gambling it.
715  Economy / Scam Accusations / Re: Master-P SCAMMER. I lost complete faith in this forum now. on: January 14, 2016, 10:37:37 AM
Looks like he is paying everyone back...still in progressed

How Eric stole people's Christmas
1. Eric builds reputation since 2013 in order to set up the escrow scam
2. Eric buys multiple accounts to set up phony escrows with people and steals bitcoins
3. Eric claims he was hacked and wasn't him when people start finding out
4. Eric moves funds to attempt to exit scam
5. But oh shit, Eric forgot to hide his identity and people knew who he was

Seems right?
Not likely he would spend over 2 years to scam that amount, here's what I think did happen(nearly the same as yours)
1. Eric builds reputation since 2013
2. During the last couple of months , he either gets in a economic problem, or starts noticing how easy it would be to scam a huge amount
3. Eric buys multiple accounts to set up phony escrows with people and steals bitcoins
4. Eric claims he was hacked and wasn't him when people start finding out
4. Eric moves funds to attempt to exit scam
5. But oh shit, Eric forgot to hide his identity and people knew who he was

If he really was in financial problems why don't just ask for a loan? He was extremely trusted, I'm sure more than 1 person would have been willing to give him a good amount of bitcoins, he could have done many things instead of scamming, he is a scammer and he always was.
716  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: January 12, 2016, 11:27:56 AM
Always bitcoins...
Bitcoin has no limit..
PayPal can limit account and transaction..
bItcoin let us do transct money unknownly and safely and fastly

Not really safely, at all. How are bitcoins safe? When you buy something with bitcoins you have to trust the site and if they end up scamming you or somehow you send bitcoins to the wrong address, that's it, there is nothing you can do unless they want to give you your bitcoins back which they won't, how is that safe?
717  Economy / Economics / Re: Mining coins save or sell it? on: January 12, 2016, 11:26:24 AM
If you have a profit and you do not need to spend your mined Bitcoins then keep them. Price will hopefuly increase, but it may drop too. All is just like gambling.

But price rise chances are more, due to halving coming, and mind well, price will rise before halving takes place... Smiley
Also, if I would be mining, whether in profit or not, I would definitely prefer to save if I have nothing to use my coins for... Wink

They are not though. Why would you think there are higher chances? Litecoin halving caused no impact on the price whatsoever so I don't see why bitcoin will change either. Comparing mining or trading to gambling is not good, first of all when trading you can't really lose all your money at once unless the price goes to 0$ and good traders don't just buy/sell whenever they feel like, they study the market and look for news to know when the price is going to change.
718  Alternate cryptocurrencies / Altcoin Discussion / Re: The best buy right now is not Bitcoin, it is ALTCOINS on: January 12, 2016, 11:23:00 AM
Anything in crypto world with real value (base value more than 0) and growing base value in physical gold is XAURUM. This little coin is the one I have my eyes on.

I don't know man, new altcoins like that with almost no volume are totally not a good idea unless you are trying your luck investing like 0.01, otherwise I don't really see the point since you can't really trade with it with such low volume.
719  Economy / Gambling discussion / Re: Dice game strategy? on: January 12, 2016, 11:08:52 AM

bla bla


A lot of bullshit but unfortunately that is not going to be better than any other strategy except a few who can actually improve your changes by a 0.1%, a single martingale sequence is just better than all what you said. There is no such thing as cumulative losses anyways, the win % stays the same always.
720  Economy / Economics / Re: Mining coins save or sell it? on: January 11, 2016, 04:21:50 PM
If you can afford to save the coins you mine then I say do it. I think we're going to have a financial catastrophe somewhere in the relatively near future, and Bitcoin may come in handy. Who knows though.  You should save for the future however you can.  You might even live to spend it all.  Wink

Save some or most or all. The mining is equivalent to converting your fiat into bitcoin, so it is better to hold them.

The problem with that is that people in the real world need fiat to buy things like food and other essential things on a daily basis, that's why you can't save most of it, normally, unless you are already rich or have a really good income.
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