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1  Economy / Scam Accusations / Re: Open letter to Theymos regarding Butterfly Labs (BFL) on: June 05, 2013, 12:05:27 PM
Its not just that they are "a little" late. It's several months. Difficulty has more than doubled.
Also, the Products being offered for pre-order don't exist. There's no Japaleno and no Mini Rig,
none of the products have the specs advertised for pre-order. And then this whole mess with
delivery costs etc.

If you order a mercedes and you get a toyota then you have been scammed. Its pretty easy to understand,
even for the BFL fanboys.
2  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 08, 2013, 12:51:37 AM
My vote would be to start a new tread named something like "House for sale in (area)/Germany.

agreed. this thread is a total mess.
3  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 08, 2013, 12:49:49 AM
Bruno, I used to respect you, but you lost all my respect because you decided to give some legitimacy to these scammers just because they said they would send you a (non existent) miner for free.

You should read the thread again. the "offer" for a free miner was as fake as any other email bruno supposedly has received.

And also, you should readjust your sarcasm sensors.
4  Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary on: May 07, 2013, 06:05:39 PM
monitoring this thread.
5  Bitcoin / Hardware / Re: You can order Avalon ASIC chips here on: May 07, 2013, 02:47:27 PM
I think you should support your accusations with some evidence - or back off and apologize.

you can't have evidence before he actually scammed someone. But there are hints.

- Offers no escrow
- Offers no proof that he actually owns the product
- is just out of newbie containment zone
6  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 07, 2013, 02:25:50 PM
well played sir. 9/10.
7  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 07, 2013, 02:20:53 AM
Quote
Since I have proven that this is not a scam, please feel comfortable order from them. If, by some slim chance, CedarTec turns out to be a scam, I will fully reimburst all those that get scammed.

I don't understand how anybody could see that as something other than a somewhat sarcastic joke.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin and me (Hal Finney) on: May 06, 2013, 11:18:38 PM
Just a few men can hope to leave their mark here on earth, doing what they love whilst making the world a better place.
You've achieved more than most men, secured a place in the history books of the future, rightfully proud of your heritage.
9  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 08:19:44 PM
I still don't understand why a payment processor like pitpay shouldn't be a considerable option.
10  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 07:20:36 PM
but had no reply......

Give them some time. I'm sure they'll understand. I just hope the highest bidder atm is okay with that, he can always bit in the new thread.

off topic: where in germany do they sell beer for bitcoin?
11  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 07:11:09 PM
But the customer does not get a payment certificate from me until they make payment.

So thats why people worry. they make a payment and do not get this certificate.
Still one should assume that if lawyers and notaries are involved this all is saver than 99% of other btc purchases.

I'd recommend you start another auction when you have some free hours to answer the inevitable questions and spend some thoughts on how to layout and formulate your offer to minimize them (details how the transaction works, offer to give details per PM etc) - considering the experiences you made with this thread which I'd consider as a test run, for it is no longer a valid auction thread imho.

So OP, please don't give up selling this house for bitcoin. its an awesome idea and it should happen.

12  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 06:32:29 PM
As you say no one has reasonably said how a third party person holding funds would be able to make this deal work. I don't quite know what you are saying about the buyer denies receiving funds and I could be scammed can you elaborate?

corrected myself here:

So, the contract is signed, funds are sent afterwards vs. contract signed, no funds sent. Will the blockchain be sufficient as evidence that no payment was made?

Actually OP, I come to think that YOU would be the beneficent of an escrow service.

1) Auction ends
2) funds are transferred to escrow
3) deal is made perfect
4) funds are forwarded to you.
5) Huh?
6) Profit

An escrow service would actually be useful for you in case your customer wouldn't pay and you'd have a hard time proving legally that no payment was made.

I'd not discard it from the beginning.

Also again, don't get pissed so easily. On this forums, everyone is a scammer until proven otherwise. It lies in the nature of a non-reversible transaction system and is not an insult to you personally so you really shouldn't take it personally.


13  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 05:31:26 PM
Quote
OP could be scammed when the buyer just denies having received any funds. since btc in no legal tender, will blockchain info work as a prove of payment? Have you checked this with your lawyer?

nonsense I wrote here.  Sorry guys. I knew what I wanted to say, didn't come out that way. It made sense the moment I thought it.

So, the contract is signed, funds are sent afterwards vs. contract signed, no funds sent. Will the blockchain be sufficient as evidence that no payment was made?

14  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 05:25:39 PM
also, maybe OP might describe in detail how he imagines the deal will be processed.

1. buyer makes 'offer to buy'. At the close of this auction, lets take that as the buyers 'offer to buy'.

2. Now this might be the bit that confuses bitcoin users- The buyer and seller, before any money changes hands, sign 'purchase and sale contracts' with their legal names, passports etc and this information is sent to the lawyer in germany. The seller signs a document saying that s/he accepts to sell the property to the buyer for a euro, a bitcoin or a thumbtack. This becomes known as the 'acceptance' and once sold is IRREVOKABLE by the buyer. It is a legal document. I understand that bitcoin is an anonymous currency, and hence when you are buying something with no title that you would want security but property has security of title. Anyway onto step 3.

3. Once the notary has received offer to buy and offer to sell, he will start the property transfer process. Then there are two options, advance purchase and post confirmation purchase.

Advance purchase: buyer pays the money to the seller and the seller issues a certificate of funds received, clearly marked and signed in front of a lawyer that 'all monies are paid and nothing is outstanding' which is sent to the notary. This means you effectively from that day have a 100% titular mortgage on the property which can be put on the act II (encumbrances) register in the german land registry. Advance purchases are not advisable in situations such as denkmalschutz properties, properties with encumberances (mortgages) or properties for which first right purchase can be made (historical properties, properties in an area of redvelopment IE a highway is going through, the government has first right of purchase)

Post confirmation purchase: a post confirmation purchase is where the notary checks all title act I and act II registrations, and pre registers the buyer in the register. The notary then issues a letter to both parties saying 'now is the time for payment' and once seller confirms payment is received, issues again said certificate of funds and the property is transfered.

At any stage after the purchase and sale agreement is signed if the seller 'runs off' with the money (and leaves his house behind, not exactly like you can put it in a bag and take it with you when you run away) the buyer can 'foreclose' on the act II with the purchase and sale agreement.  So would become owner anyway. Before said contracts are exchanged, no money changes hands (except for usually a small deposit or something to show the buyer serious so the seller can instruct his lawyer to draw legal documents).

So surely, people, you can see why I am scratching my head to what escrow is going to achieve? NO MONEY CHANGES HANDS BEFORE CONTRACTS ARE SIGNED! So how the hell, am I supposed to scam someone!

These questions coming from a community of people who are without question sending $1000s to pre order miners from BFL.......

OP seems to know his stuff. Still in this model YOU OP could be scammed when the buyer just denies having received any funds. since btc in no legal tender, will blockchain info work as a prove of payment? Have you checked this with your lawyer?

Also,  we still have to see an explanation how this purchase should work with an forum-member serving as escrow.

Is there a particular reason OP that you refuse to give the address of the house? Do you fear it to be vandalized or something?

15  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 05:13:09 PM
This whole issue is a very interesting case. this is the first case I know from trading real estate in btc. So lets see that as an interesting question and stop the frickin accusations. Let us figure out how such a deal could actually work.

Its totally useless and also impolite, mr Goat, to ask the OP at gunpoint 'escrow or no escow', for he could still use a pay processor like bitpay instead of trusting anyone on this forum. Also, this was an auctions thread thats now ruined and invalid because of all the scam spam in here. The actual business would be a matter of the buyer and the vendor and thus is none of your concern Mr. Goat. I have not seen a bid from you so why do you even bother?

So could we just leave those hostilities out of this thread and discuss how such a transaction actually could take place.

As I said before, it would benefit the bitcoin community if we'd be able to show that real estate dealings have been done successfully with bitcoin, so its in the interest of the whole community to see this happen.

So I'd like to ask ANYONE, no matter how much reputation he's got here, to work constructively to solve the matter.

If those crying for escrow could explain in a detailed manner how they imagine the deal to work with some anonymous third person as an escrow in regard of lawyers and notaries involved, because I think they compare real estate deals to regular deals on this forum and thats not the case. Also its pretty dumb and shows your pavlovian conditioning by all these spammers - which does not apply for this particular transaction.

also, maybe OP might describe in detail how he imagines the deal will be processed.

Again, this is a very interesting precedent and should not be disturbed by all those self-acclaimed scam-hunters who do no benefit here and actually ARE, willing or not, trolls ITT.
16  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 02:39:57 PM
Hast nicht mit der ganzen Paranoia gerechnet? Was erzählst du deiner Freundin, wenn aufgrund dessen das ganze Teil nur für 40 btc weggeht? Du musst es den Leuten ganz langsam und klar erklären. Mit Adresse, google maps Koordinaten, womöglich mit Besitzurkunde, in der halt Namen etc ausgeblurt wurden. Die Jungs wurden einfach so oft abgezockt, dass sie keinem mehr über den Weg trauen und sie verlangen einen unvernünftiges Maß an Beweisen, aber man muss das verstehen. Sieh's gechillt.

Translation:

Didn't expect the whole paranoia? What will you tell your girlfriend if this goes out for just 40 btc because of that? You have to explain it to the guys slow and clearly, with an address, google maps coordinates and probably with a deed of ownership with names etc blurred out. The guys have been ripped off so often that they simply don't trust anybody an inch, so they demand an unreasonable amount of prove, but you have to be kinda understanding. Just chill.
17  Bitcoin / Legal / Re: My girlfriends house in Germany on: May 06, 2013, 02:07:58 PM
Soo, bitcoin_bob, do you still think it was a good idea to prefer bitcoin auction on this forum over an ebay auction?

Hast nicht mit der ganzen Paranoia gerechnet? Was erzählst du deiner Freundin, wenn aufgrund dessen das ganze Teil nur für 40 btc weggeht? Du musst es den Leuten ganz langsam und klar erklären. Mit Adresse, google maps Koordinaten, womöglich mit Besitzurkunde, in der halt Namen etc ausgeblurt wurden. Die Jungs wurden einfach so oft abgezockt, dass sie keinem mehr über den Weg trauen und sie verlangen einen unvernünftiges Maß an Beweisen, aber man muss das verstehen. Sieh's gechillt.

Still it is an awesome idea to sell a whole house for btc and it's also a huge contribution to the community (in the sense that we now can say: 'you can even buy whole houses with btc') - what I think is the reason you do this.

still, give em more info, don't consider everybody doubting your offer as a troll. And try not to be pissed if they're super mistrustful. That's the sad spirit of this community, and its mostly people complaining that have no interest in the offering anyway.
18  Bitcoin / Hardware / Re: You can order Avalon ASIC chips here on: May 06, 2013, 01:42:46 PM
If we miners can convince the Bitcoin community that this idea of an absolute limit for quantity of Bitcoins is crazy...

You seem to have not the slightest idea of bitcoin as a whole. I wonder how you can invest in mining hardware if you understand so little about the subject.

The 21 mio bitcoin cap is a crucial element of the whole concept and you, suggesting to remove it, are showing such a lack of understanding that I cant' even be bothered to explain WHY it is important. Do some research on your own.
19  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 06, 2013, 10:30:50 AM
Seriously guys? Seriously? CedarTec? I thought we've settled this debate long ago.

Imho its immoral to get scammed against all warnings so easily. I've no problem with people throwing away their money, but as the saying goes "an open door may tempt a saint" - and with your unbelievable stupidity in handling your own funds you tempt otherwise good people to get into the scam-game. Because obviously it is very easy to get some retards to sending irreversible transactions of remarkable value to complete anonymous strangers - all out of greed - even if its obvious that the excuses for delays and lack of evidence are just made up for buying time.

EpicFail Labs did us all a big disservice in looking like a scam all the time and then sending out a few units, since now those mentally less well-off will point at EpicFail Labs and say: "see, they delivered, so its probable that GXmining, CedarTec, PrimeAsic, etc will deliver soon, I'll be on the boat and you idiots will GET NOTHIN!" - thus attracting even more scammers.

I fully understand Phinnaeus Gage's rants and his frustration. I would have given up long ago.
20  Other / Beginners & Help / Re: Will the bubble burst? on: April 12, 2013, 12:32:10 PM
And it's still not bottomed out yet I'm afraid...

Nope. But is was predictable. Kinda funny reading through the thread now. I think price drop will halt at $20-$50 which for me feels like an reasonable value. Bad news for everyone who thought that buying btc for $150 was a good idea.
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