Checkout the latest BTCLend feature available now!

[btclend]

Check it out here and let us know what you think. https://btclendtalk.org/topic/112/invest-stake-btc-at-btclend-today

[Vod]

Where can I find the real life identities of the people who will be in charge of my coins?

This looks like a ponzi in a tuxedo.

[btclend]

Where can I find the real life identities of the people who will be in charge of my coins?

This looks like a ponzi in a tuxedo.

At the very bottom of the website https://btclend.org under "Whats our mission"

If it's not obvious what is being done with the deposited coins to perform "staking" I can explain in further detail.

Thanks.

[owlcatz]

Where can I find the real life identities of the people who will be in charge of my coins?

This looks like a ponzi in a tuxedo.

At the very bottom of the website https://btclend.org under "Whats our mission"

If it's not obvious what is being done with the deposited coins to perform "staking" I can explain in further detail.

Thanks.

Warning, this outfit is associated with GAW/Paycoin - https://bitcointalk.org/index.php?topic=857670.msg11282356#msg11282356

[miaviator]

https://talk.paycoin.com/discussion/1044/primes-for-the-people/p1

Primes for the People!
CMILIAN

We have been reading threads about how the "people" are feeling somewhat powerless about the redistribution of XPY Prime Controllers as things have/will change in the Paycoin community. After some thought (as well as considering a few of the ideas from the community) we may have figured out a way to help.

Since BTCLend currently has the wallet and lending platform (infrastructure) in place as well as proven to be a stable and reliable platform, we thought it would be great to bring about the "Peoples Prime Controller".

The main idea is to build a "Peoples" XPY wallet at BTCLend and collect the amount of XPY you are willing to deposit so that the total (aggregate) amount of XPY will be used for bidding power when the next Prime Controller bidding round is announced. In this scenario (and if the Prime Controllers are won/delivered to BTCLend) the people will earn 80% of the stake rate paid out daily, and BTCLend will keep 20% for hosting/maintenance of the Peoples Prime Controllers inside the BTCLend platform.

All deposits will go into a separate wallet inside the BTCLend platform specifically for this purpose in order to properly separate and maintain this initiative. If the Peoples Prime Controller(s) are obtained, this will provide a small additional advantage for customers, in that it would remove the need to "lock" coins in a staking wallet for a certain period of time because you would essentially be provided the similar advantages/abilities as an owner of a Prime Controller.

Obviously the same rules and guidelines would apply in which the Prime Controller will need to maintain a 125,000 coin balance as well as the staked coins being sent to a "scrapping" wallet so that there is no compounding (but that will be managed properly by BTCLend).

I would like to hear your feedback on this idea.

Update: Great feedback so far, lets do this! Start sending XPY to your main wallet, in a couple of days we will add the "Primes for the People" Wallet so that you just move XPY there for the bidding!

Thanks!

[miaviator]

In case you missed it:

https://forum.gethashing.com/t/xpy-paycoin-discussion/1559/3404

Carmello says "Get you facts straight before accusing anyone of cheating."

Carmello says "Are you Slow or Plain Stupid?"

Carmello says "You my friend are nothing but a bully."

Carmello says "I wish I had you in front of me."

Carmello says "you only get respect from those who fear you."

Carmello says "Sorry, I cant respect those who lack of respect to others.”

Carmello says "The explanations were given to our customers. "

Carmello says "You want details subscribe to our mailing list or read our forum."

Carmello says "His Blockchain tracing tracing abilities are worthless when his conclusions are way off."
*Regarding Paul Revere

Carmello says "It was my lack of judgment on who I trusted."

Carmello says "This things happen to the largest businesses in the world."

Carmello says "The situation was solved”

Carmello says "Someone with access did it.”

Carmello says "Not rocket science”

Carmello says "Anyways, no matter what I say, it will be useless in this audience.”

Carmello says "ohhh I am impress of your wittiness !”


Carmello says "I make things happen in case you have not notice.”

Carmello says “soon"

[miaviator]

Carmello says "His Blockchain tracing tracing abilities are worthless when his conclusions are way off."
*Regarding Paul Revere

Interesting note: PR's conclusions were spot on.  Which was verified by Team XPY, The Paycoin Foundation, XPY Dev and Carmello himself.

[miaviator]

[Redacted for brevity]

P.S: Even though my Blockchain tracing abilities "suck" I was able to spot that "A rogue developer" had gained access to the BTClend cold wallet and then (crazily) set up addresses with Cmilians customers coins using the leaked Hyperstake keys, when his crack team could not.

[miaviator]

Did BTC Lend just lock out all users from their coins and Demand PII from users in order to regain access

I can't see my coins any more on my dashboard? I don't particularly want to add more personal details to my account, Im not borrowing.. but now I can't see my coins and staked coins??

CMILIAN

Just enter name, last anme and address and it will let you in. We need this basic info to be able to provide you better service.

[miaviator]

Has BTC Lend locked all accounts and coins  

I can't see my coins any more on my dashboard? I don't particularly want to add more personal details to my account, Im not borrowing.. but now I can't see my coins and staked coins??

CMILIAN

Just enter name, last anme and address and it will let you in. We need this basic info to be able to provide you better service.

Holy Shit! Now they are fishing for complete personal identification? WOW!

Gotta love the brazen lie about needing that information "to provide better service", what a lying dirtbag. Anybody that gives this guy and his partner Homero their personal information are complete idiots.

[miaviator]

BTC Lend has locked all accounts and coins  

I can't see my coins any more on my dashboard? I don't particularly want to add more personal details to my account, Im not borrowing.. but now I can't see my coins and staked coins??

CMILIAN

Just enter name, last anme and address and it will let you in. We need this basic info to be able to provide you better service.

Holy Shit! Now they are fishing for complete personal identification? WOW!

Gotta love the brazen lie about needing that information "to provide better service", what a lying dirtbag. Anybody that gives this guy and his partner Homero their personal information are complete idiots.

Poloniex is doing the same.. something about US regulatory compliance...

Without notice to users though?

EDIT: https://www.reddit.com/r/Bitcoin/comments/36f423/poloniex_to_require_identity_details/

[miaviator]

Exactly, if it is required, current users should be notified and this requirement should be up front and center in their terms. Instead they just lock people out and demand personal information to access their accounts? Nuts.

[miaviator]

Exactly, if it is required, current users should be notified and this requirement should be up front and center in their terms. Instead they just lock people out and demand personal information to access their accounts? Nuts.

I'm sure these will magically change without notice since there are no dates or version numbers.

https://btclend.org/btc/terms
https://archive.is/fleVt

https://btclend.org/btc/privacy
https://archive.is/cXbPJ

So, if this is true why do no users know why they are magically all of the sudden require personal information?

Before or at the time of collecting personal information, we will identify the purposes for which information is being collected.

[miaviator]

What is the deal with this carmelo guy? He sounds so similar to homero it makes me think they are the same person.

So BTCLend LLC is registered in Delaware but with an address in south florida and a phone number in orlando. I checked sunbiz.org no mention of btclend though. Florida would love to know an out of state llc is operating there without paying fees. Why even register it in Delaware? He puts his name on everything so why hide it when registering the LLC? Perhaps another owner is trying to hide his involvement. If I remember correctly homero liked to register his llc's in Delaware.

[miaviator]

What is the deal with this carmelo guy? He sounds so similar to homero it makes me think they are the same person.

So BTCLend LLC is registered in Delaware but with an address in south florida and a phone number in orlando. I checked sunbiz.org no mention of btclend though. Florida would love to know an out of state llc is operating there without paying fees. Why even register it in Delaware? He puts his name on everything so why hide it when registering the LLC? Perhaps another owner is trying to hide his involvement. If I remember correctly homero liked to register his llc's in Delaware.

Delaware is a popular spot for LLCs, that's fine. Carmelo Milian is not Homero Garza, but he is definitely a very good student of Garza's business methods. Well, I used "business" here somewhat liberally, my apologies.

[miaviator]

What is the deal with this carmelo guy? He sounds so similar to homero it makes me think they are the same person.

So BTCLend LLC is registered in Delaware but with an address in south florida and a phone number in orlando. I checked sunbiz.org no mention of btclend though. Florida would love to know an out of state llc is operating there without paying fees. Why even register it in Delaware? He puts his name on everything so why hide it when registering the LLC? Perhaps another owner is trying to hide his involvement. If I remember correctly homero liked to register his llc's in Delaware.

Delaware is a popular spot for LLCs, that's fine. Carmelo Milian is not Homero Garza, but he is definitely a very good student of Garza's business methods. Well, I used "business" here somewhat liberally, my apologies.

 All information on companies local and foreign is available on sunbiz.org for Florida. 

5 seconds on google: https://www.delawareinc.com/blog/delaware-llc-doing-business-in-florida

I wonder if Carmello has a company bank account in Florida without having registered as a foreign entity.

http://form.sunbiz.org/pdf/cr2e027.pdf

[miaviator]

[miaviator]

Where can I find the real life identities of the people who will be in charge of my coins?

This looks like a ponzi in a tuxedo.

It is the 12 international developers (allegedly 11 now) who have access to your coins you need to worry about more than the people in charge of the company.

The one who used customer coins to create a "prime controller" for Paycoin with 600,000 coins was allegedly fired.   

Paul Revere discovered this breach in trust, NOT BTC Lend!

After this was reported Mr Millian promptly began insulting and making threatening comments? maybe bullyish comments "I wish I had you in front of me." instead of explaining the situation.   

No transparency has been provided with regards to the incident and the answer which was ultimately left with the community was: "You want details subscribe to our mailing list or read our forum."

Their Forum update leaves much to be desired: https://btclendtalk.org/topic/50/aparently-some-leaked-prime-controller-keys-are-staking-btclend-coins

[miaviator]

Any reason it takes 17 days to burn some coins?

[Paul Revere]

Any reason it takes 17 days to burn some coins?

He could always give them to the guy that discovered his "security breach" as a gesture of good will. I promise I will dump them immediately.