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Author Topic: It seems irreversible payments are a paradigm shift: Scams everywhere.  (Read 8267 times)
BadBear
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September 11, 2012, 01:36:40 PM
 #21

I've lost over 300 BTC to scammers in my lifetime on this forum, all because I believed people usually valued the property of others.

Would you normally conduct your business the same way when transacting in other mediums of exchange?



escrow escrow escrow!
Escrow didn't exist in early 2010.

Sure it did.

I highly doubt it. We just got from selling spongebob stickers to actual goods.
Are you even the real Atlas? He used to make much more informed reponses. :/

Bitmit.net may not have existed in 2010. But surely, some trusted form of escrow has always existed.  And if you are suggesting you lost 300BTC back in 2010 and are just now giving up then smoething does not add up in what msg you are trying to convey here exactly..

Yeah I don't get it either, he's saying he's just now learning not to trust people, yet there was nobody he could trust for escrow back then either?

Then again it's Atlas, he may not even know what escrow means.

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MXRider
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September 11, 2012, 01:37:54 PM
 #22

I'm shocked how much dishonesty bitcoin attracts. Several trusted members, mods and other well-known bitcoiners have shown to be just a bunch of lying scumbags.

Of course this is not enough. We have these randon newcomers who are in for a quick buck. Scams everywhere (whos sig is that?)

I'm so fucking disappointed. This community makes me sick.
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September 11, 2012, 01:38:34 PM
 #23

Why isnt there a list of escrow agents stickied in the marketplace   ?

BadBear
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September 11, 2012, 01:41:45 PM
 #24

Why isnt there a list of escrow agents stickied in the marketplace   ?

Personally I haven't because I don't trust anyone enough to recommend them to others. Would you? Who would you recommend putting in such a list?

What happens when they cut and run one day, or something beyond their control happens, and you catch a bunch of heat for recommending them?

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Atlas (OP)
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September 11, 2012, 01:41:48 PM
 #25

I've lost over 300 BTC to scammers in my lifetime on this forum, all because I believed people usually valued the property of others.

Would you normally conduct your business the same way when transacting in other mediums of exchange?



escrow escrow escrow!
Escrow didn't exist in early 2010.

Sure it did.

I highly doubt it. We just got from selling spongebob stickers to actual goods.

Escrow is older than Bitcoin... Give me a break. Just because you didn't think to use it does not mean it did not exist.

We're just having a discussion here.

Anyways, irreversible transactions were a new thing for a lot of people back then. It took awhile for escrow to pan out. I am not making excuses. I'm just reporting the story.
BadBear
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September 11, 2012, 01:42:50 PM
 #26

I've lost over 300 BTC to scammers in my lifetime on this forum, all because I believed people usually valued the property of others.

Would you normally conduct your business the same way when transacting in other mediums of exchange?



escrow escrow escrow!
Escrow didn't exist in early 2010.

Sure it did.

I highly doubt it. We just got from selling spongebob stickers to actual goods.

Escrow is older than Bitcoin... Give me a break. Just because you didn't think to use it does not mean it did not exist.

We're just having a discussion here.

Anyways, irreversible transactions were a new thing for a lot of people back then. It took awhile for escrow to pan out. I am not making excuses. I'm just reporting the story.


Your version of the story and reality don't match up, escrow has been a thing for far longer than bitcoin.

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Atlas (OP)
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September 11, 2012, 01:43:57 PM
 #27

I've lost over 300 BTC to scammers in my lifetime on this forum, all because I believed people usually valued the property of others.

Would you normally conduct your business the same way when transacting in other mediums of exchange?



escrow escrow escrow!
Escrow didn't exist in early 2010.

Sure it did.

I highly doubt it. We just got from selling spongebob stickers to actual goods.

Escrow is older than Bitcoin... Give me a break. Just because you didn't think to use it does not mean it did not exist.

We're just having a discussion here.

Anyways, irreversible transactions were a new thing for a lot of people back then. It took awhile for escrow to pan out. I am not making excuses. I'm just reporting the story.


Your version of the story and reality don't match up, escrow has been a thing for far longer than bitcoin.
Of course but it was not introduced as a concept here for awhile. I am not saying it's a new invention, my friend.
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September 11, 2012, 01:44:20 PM
 #28

Why isnt there a list of escrow agents stickied in the marketplace   ?

Personally I haven't because I don't trust anyone enough to recommend them to others. Would you? Who would you recommend putting in such a list?

What happens when they cut and run one day, or something beyond their control happens, and you catch a bunch of heat for recommending them?

Exactly.  Only the government can be trusted to handle this.  Set up a government run central escrow service, fund it by taxing the Bitcoins involved.

"Money is like manure: Spread around, it helps things grow. Piled up in one place, it just stinks."
BadBear
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September 11, 2012, 01:45:01 PM
 #29

Of course but it was not introduced as a concept here for awhile. I am not saying it's a new invention, my friend.

Yes you did.


Escrow didn't exist in early 2010.

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Atlas (OP)
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September 11, 2012, 01:45:10 PM
 #30

You guys are just being disrespectful and overly combative. Yes, in the end, it was my fault I lost money back then but it was pretty much discovering the venom that exists within Bitcoin.
Atlas (OP)
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September 11, 2012, 01:45:49 PM
 #31

Of course but it was not introduced as a concept here for awhile. I am not saying it's a new invention, my friend.

Yes you did.


Escrow didn't exist in early 2010.
Escrow didn't exist in [the bitcoin community] in early 2010. That is what I meant.
BadBear
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September 11, 2012, 01:47:44 PM
Last edit: September 11, 2012, 02:50:01 PM by BadBear
 #32

You guys are just being disrespectful and overly combative. Yes, in the end, it was my fault I lose money back then but it was pretty much discovering the venom that exists within Bitcoin.

Telling you you're wrong isn't disrespectful. If I were to say you're dumb and full of shit, that's disrespectful.

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Atlas (OP)
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September 11, 2012, 01:48:25 PM
 #33

You guys are just being disrespectful and overly combative. Yes, in the end, it was my fault I lose money back then but it was pretty much discovering the venom that exists within Bitcoin.

Telling you you're wrong isn't disrespectful. If I were to say you're dumb and full of shit, that's disrespectful.



My wording was wrong. The intended meaning wasn't.
Atlas (OP)
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September 11, 2012, 01:53:38 PM
 #34

You guys are just being disrespectful and overly combative. Yes, in the end, it was my fault I lose money back then but it was pretty much discovering the venom that exists within Bitcoin.

The venom is not in Bitcoin. It's in human nature.

Besides irreversible transactions also existed long before Bitcoin. Though, perhaps not anonymously over the internet. Certainly anonymously though.

Liberty Reserve is not popular in most circles. Look, you're trying to say I should of known. Nobody had really known. Nobody anticipated this. Not in the early Bitcoin community.

It seems none of you were here at that time.
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September 11, 2012, 01:54:10 PM
 #35

Where did the "Closed due to non-interest" go that was here just a minute ago?
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September 11, 2012, 01:57:04 PM
 #36

You need to calm down, Atlas.  I saw you edit out the giant middle finger directed to Bad Bear and edit out calling him an asshole and trying to lock the thread because you don't like where it's going.

Do not take out your anger at yourself for failing to succeed in the free market on the rest of us here who have found more success.  Instead, work for positive change and maybe write your Congressman and ask him to consider regulating Bitcoin so you can participate in it without being scammed as much in the future.

Many of us who have studied business were well aware of what an unregulated market would actually look like and how to protect ourselves within it.  All of our financial regulations since the dawn of civilization have been built on improving from that state of anarchy for a reason.

"Money is like manure: Spread around, it helps things grow. Piled up in one place, it just stinks."
Atlas (OP)
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September 11, 2012, 02:01:39 PM
 #37

You guys are just being disrespectful and overly combative. Yes, in the end, it was my fault I lose money back then but it was pretty much discovering the venom that exists within Bitcoin.

The venom is not in Bitcoin. It's in human nature.

Besides irreversible transactions also existed long before Bitcoin. Though, perhaps not anonymously over the internet. Certainly anonymously though.

Liberty Reserve is not popular in most circles. Look, you're trying to say I should of known. Nobody had really known. Nobody anticipated this. Not in the early Bitcoin community.

It seems none of you were here at that time.

The largest scams happened in the past year. I've been here longer than that. What is your point exactly?
There is no real objective except a personal and emotional defense against my early losses. Let's carry on to something more fruitful.
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September 11, 2012, 02:02:31 PM
 #38

I dont see why there needs to be  a marketplace here at all. Bitmit and localbitcoins.com as well as other third party sites have specialised ratings and reviews that handle buying and selling. Bitcointalk isnt ebay its a forum.

Atlas (OP)
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September 11, 2012, 02:05:09 PM
 #39

I dont see why there needs to be  a marketplace here at all. Bitmit and localbitcoins.com as well as other third party sites have specialised ratings and reviews that handle buying and selling. Bitcointalk isnt ebay its a forum.

Good point. Maybe it's time to separate the discussion from everything else.
I am starting to think it's for the better. It would be nice to see commerce decentralize onto other sites.
Atlas (OP)
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September 11, 2012, 02:07:48 PM
 #40

I dont see why there needs to be  a marketplace here at all. Bitmit and localbitcoins.com as well as other third party sites have specialised ratings and reviews that handle buying and selling. Bitcointalk isnt ebay its a forum.

Good point. Maybe it's time to separate the discussion from everything else.
I am starting to think it's for the better. It would be nice to see commerce decentralize onto other sites.

Start a thread in the meta section and if it's well written I will support it. Although perhaps due to your "notoriety" someone else should start it!
Theymos probably likes the boards and  they add to the site's value. He won't go for it. I encourage him to prove me wrong, however.
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