Bitcoin Forum
June 18, 2024, 12:36:25 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin services that could be cons  (Read 1174 times)
dissipate (OP)
Sr. Member
****
Offline Offline

Activity: 288
Merit: 250


View Profile
September 24, 2012, 11:13:15 PM
 #1

I've seen Bitcoin based services popping up that have very skimpy information about who is running the site. They look professional, but they don't have any auditing or insurance to reassure people that they aren't just cons. Take a look at these two sites:

BTCJam P2P Lending

https://btcjam.com/

Bitcoin Venture Capital

http://www.btcvc.com/

Neither of these two sites have any information to lead me to believe that they won't just run off with any BTC sent to them. These are just two examples, I am sure there are others.
Bitcoin Oz
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


Wat


View Profile WWW
September 25, 2012, 07:58:59 AM
 #2

http://bidfast.co just popped up and the operator wont reveal who they are.


MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 522



View Profile
September 25, 2012, 09:01:50 AM
 #3

That Venture Capital thing has been inactive for half a year by now. At any rate VC means they give you money, not the other way around.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
dissipate (OP)
Sr. Member
****
Offline Offline

Activity: 288
Merit: 250


View Profile
September 25, 2012, 05:18:32 PM
 #4

That Venture Capital thing has been inactive for half a year by now. At any rate VC means they give you money, not the other way around.

This particular site is looking for investors: http://www.btcvc.com/index.php/btc-investors-miners-early-adopters/

And not only that, they are looking for donations:

Quote
How else can I help?
We are accepting BTC for use in "Angel Investor" projects. BTCVC has already select startups to fund from it's initial BTC pool. ANY amount is helpful, small amounts aggregate! Please send any donations to 1MbgEEWkS4z8beK9gdm3judjgsKFDBGqMb and help us fund new BTC-based sites.

http://www.btcvc.com/index.php/about-bitcoin-venture-capital/
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 522



View Profile
September 25, 2012, 07:06:34 PM
 #5

Yes, that's my point, calling themselves VC is really a misnomer.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
ciuciu
Donator
Hero Member
*
Offline Offline

Activity: 588
Merit: 500


View Profile
September 25, 2012, 08:49:52 PM
 #6

Yes, that's my point, calling themselves VC is really a misnomer.

I guess it goes the same way as your porno exchange. I add to the list Mircea's Porno Exchange (MPEX).

Rassah
Legendary
*
Offline Offline

Activity: 1680
Merit: 1035



View Profile WWW
September 26, 2012, 09:35:28 PM
 #7

Reason for btcjam.com being a scam? I wanted to start a similar service (am in the starting stages of), but may just try to join up with an existing one if one exists already.
Tulkas
Sr. Member
****
Offline Offline

Activity: 352
Merit: 250


Founder, BTCJAM


View Profile WWW
September 27, 2012, 12:31:33 AM
 #8

I've seen Bitcoin based services popping up that have very skimpy information about who is running the site. They look professional, but they don't have any auditing or insurance to reassure people that they aren't just cons. Take a look at these two sites:

BTCJam P2P Lending

https://btcjam.com/

Bitcoin Venture Capital

http://www.btcvc.com/

Neither of these two sites have any information to lead me to believe that they won't just run off with any BTC sent to them. These are just two examples, I am sure there are others.

Dissipate,

Perhaps you failed to notice our contact page, https://btcjam.com/contact.

You will see our company registration number even with a link to Brazilian IRS so you can check for yourself the current status of the company.




BTCJAM - Peer to Peer Bitcoin Lending
https://btcjam.com
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!