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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 507811 times)
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June 26, 2016, 03:02:43 PM
 #3341

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

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June 26, 2016, 03:31:45 PM
 #3342

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc
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June 26, 2016, 03:45:48 PM
 #3343

Unfortunately I don't have very much bitcoin right now so I don't know if I qualify. It's going to take me a long time to get 10 bitcoins if ever.

Set a goal and never give up.
I also have a long way to go, before getting a chance to have a balance above 10 BTC. Too many of mine were sold before the 2nd great bull market move.
Thanks for give support to newbie and begginer like me,i am still never give up to try reach my first whole bitcoin (1BTC)
So far i not yet have feeling as new wealthy gentelmen because just have little amount of bitcoin Grin

This is just an beginning mate, you can always work on it and try to grab as much coins possible for future, as price will be really high at that time which will make you wealthy gentleman for sure.

Yep, you can reach 1btc in no time as long as you work very hard, just run a few signature campaigns and make like half a btc a month and then bam in 2 months you have yourself a whole btc.

Hope this information helps you man good luck on your btc journey.

Would be easier and less annoying for the rest of the forum users if he just got a regular job and bought some bitcoins with his wages than spamming a forum thousands of times a month......
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June 26, 2016, 05:05:46 PM
 #3344

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc

Because this entire conversation thread has been about people buying in now instead of buying into other investments. I made a shitload of money too. As user CornedBeefHash I remember mining a shitload at less than $2 a coin, being so happy when it went to over $15 a coin and so depressed when it crashed to $2 and stayed there for what seemed to be forever. I'm looking at average rate of return for a few years for the average investor. The good old days are over dude.

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June 26, 2016, 06:22:48 PM
 #3345

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc

Because this entire conversation thread has been about people buying in now instead of buying into other investments. I made a shitload of money too. As user CornedBeefHash I remember mining a shitload at less than $2 a coin, being so happy when it went to over $15 a coin and so depressed when it crashed to $2 and stayed there for what seemed to be forever. I'm looking at average rate of return for a few years for the average investor. The good old days are over dude.

I remain optimistic or I wouldn't even be here, the first coins I bought about 6yrs ago  so I have made several thousand percent roi already (and I have not sold the majority of my coins but have taken significant profits out along the way )

I am still trading but mainly  hodling, I bought my most expensive coins ever a few days ago  in the bfx panic drop lol

All the disasters you listed are real, but could have been avoided if people had not trusted Mt gox as a "bank"  or been greedy enough to join the ponzi schemes that were offering a few % a day etc (I could list even more disasters that happened with investors cash so Bitcoin is not really less safe than the people you trust to look after it)

I keep private keys securely backed up in various forms and different physical  locations and I don't trust foreign unregulated exchanges to keep my funds.....

I think a price rise is enevitable but I don't think coins will double in value magically on the day of the halving.... More like the reduced supply will eventually push the price up over $1200 to a new ATH before  the end of the year 

the ethereum crisis will probably dump money back into btc too because whether they do a hard fork or not will result in some % of disgruntled users.... And the dao Funds may be released around the same date as the halving which will be interesting to see as I guess huge trust will be lost in eth/dao

To summarize, this is Gentlemen!  Wink








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June 26, 2016, 06:56:20 PM
 #3346

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

Of course it will appreciate in price. It will also decrease in price shortly after the mining reward decrease. I'll return to this post after the current bubble pops and list the annual percentage of investment gain per year for the last three years. It won't be impressive and actually could end up being a negative number.

Why only 3 years?  Many of us probably bought bitcoins 6 years for single digits or even pennies..... I would say the percentage gains I've made over the years in btc would embarrass any legitimate savings scheme..... Maybe if you bought at $1200 you would be down at the moment but $1200 will easily be surpassed this year..... And ultimately... Those people will be glad if they held their btc

Because this entire conversation thread has been about people buying in now instead of buying into other investments. I made a shitload of money too. As user CornedBeefHash I remember mining a shitload at less than $2 a coin, being so happy when it went to over $15 a coin and so depressed when it crashed to $2 and stayed there for what seemed to be forever. I'm looking at average rate of return for a few years for the average investor. The good old days are over dude.

I remain optimistic or I wouldn't even be here, the first coins I bought about 6yrs ago  so I have made several thousand percent roi already (and I have not sold the majority of my coins but have taken significant profits out along the way )

I am still trading but mainly  hodling, I bought my most expensive coins ever a few days ago  in the bfx panic drop lol

All the disasters you listed are real, but could have been avoided if people had not trusted Mt gox as a "bank"  or been greedy enough to join the ponzi schemes that were offering a few % a day etc (I could list even more disasters that happened with investors cash so Bitcoin is not really less safe than the people you trust to look after it)

I keep private keys securely backed up in various forms and different physical  locations and I don't trust foreign unregulated exchanges to keep my funds.....

I think a price rise is enevitable but I don't think coins will double in value magically on the day of the halving.... More like the reduced supply will eventually push the price up over $1200 to a new ATH before  the end of the year 

the ethereum crisis will probably dump money back into btc too because whether they do a hard fork or not will result in some % of disgruntled users.... And the dao Funds may be released around the same date as the halving which will be interesting to see as I guess huge trust will be lost in eth/dao

To summarize, this is Gentlemen!  Wink









yes it is a fact and now the time is not too far that we will become the elite class gentle men with such a big amount of money and will enjoying and getting fun from the money and fulfilling our daily needs and all these things will only be possible because of the help of bitocin.
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June 26, 2016, 09:33:38 PM
 #3347




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June 26, 2016, 11:47:57 PM
 #3348

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.
The owner behind Just-Dice has been involved in multiple multi-million dollar thefts from crowdfunded bankrolls. The owner of Just-Dice was never "officially" behind these sites, however he was involved to the point that he was telling people to gamble on these sites, was publicly investing in these sites' bankrolls (yet managed to not lose any money when the bankrolls were stolen), and was advertising for these sites.

I think it should be safe to say that any site that the owner of Just-Dice is involved in, including Just-Dice should be considered a scam
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June 27, 2016, 01:03:00 AM
 #3349

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.
The owner behind Just-Dice has been involved in multiple multi-million dollar thefts from crowdfunded bankrolls. The owner of Just-Dice was never "officially" behind these sites, however he was involved to the point that he was telling people to gamble on these sites, was publicly investing in these sites' bankrolls (yet managed to not lose any money when the bankrolls were stolen), and was advertising for these sites.

I think it should be safe to say that any site that the owner of Just-Dice is involved in, including Just-Dice should be considered a scam

He may have advertised it but that doesnt mean anything on his end, it's just getting paid to advertise. You think that actors on tv care what the product is and if it actually works? No they're just getting paid for the advertisement not the actual product sales.

Coinroll - Bitcoin Dice

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June 27, 2016, 01:54:01 AM
 #3350

I can not open the website and i do not know why. Anyway I agree. Bitcoin is still on its starting age and I am glad I am already a part of it now. I still can not imagine the future of Bitcoin but I believe it will be as nice as we hope for. Smiley

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June 27, 2016, 01:54:11 AM
 #3351

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.
The owner behind Just-Dice has been involved in multiple multi-million dollar thefts from crowdfunded bankrolls. The owner of Just-Dice was never "officially" behind these sites, however he was involved to the point that he was telling people to gamble on these sites, was publicly investing in these sites' bankrolls (yet managed to not lose any money when the bankrolls were stolen), and was advertising for these sites.

I think it should be safe to say that any site that the owner of Just-Dice is involved in, including Just-Dice should be considered a scam

He may have advertised it but that doesnt mean anything on his end, it's just getting paid to advertise. You think that actors on tv care what the product is and if it actually works? No they're just getting paid for the advertisement not the actual product sales.

You think that actors on tv care what the product is and if it actually works?

When the WWW was young:
William Shatner took a pile of cheap/worthless Priceline.com stock instead of set fees for his commercials and he came out way ahead in the long run.
So "Yes", some of them do care about the quality of the product.

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June 27, 2016, 02:40:34 AM
 #3352

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.
The owner behind Just-Dice has been involved in multiple multi-million dollar thefts from crowdfunded bankrolls. The owner of Just-Dice was never "officially" behind these sites, however he was involved to the point that he was telling people to gamble on these sites, was publicly investing in these sites' bankrolls (yet managed to not lose any money when the bankrolls were stolen), and was advertising for these sites.

I think it should be safe to say that any site that the owner of Just-Dice is involved in, including Just-Dice should be considered a scam

Yeah, I know the history. That's why I didn't remove them from the list. You know when you talk about "the owner" you're talking about dooglus (the guy trying to get me to remove them from the list of shit). What "the owner" may not realize is that I hate gambling sites because they lead diseased people to ruin. And I hate sig campaigns because they mostly promote gambling. Check out the links in my sig line.

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June 27, 2016, 03:17:04 AM
 #3353

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.
The owner behind Just-Dice has been involved in multiple multi-million dollar thefts from crowdfunded bankrolls. The owner of Just-Dice was never "officially" behind these sites, however he was involved to the point that he was telling people to gamble on these sites, was publicly investing in these sites' bankrolls (yet managed to not lose any money when the bankrolls were stolen), and was advertising for these sites.

I think it should be safe to say that any site that the owner of Just-Dice is involved in, including Just-Dice should be considered a scam

He may have advertised it but that doesnt mean anything on his end, it's just getting paid to advertise. You think that actors on tv care what the product is and if it actually works? No they're just getting paid for the advertisement not the actual product sales.
The owner of Just Dice advertising those scam sites is only a small piece of the puzzle. The owner of Just Dice was also actively telling people to play at the scam sites, which was him defacto telling people to invest their BTC at those scam sites' bankrolls that eventually got stolen. The scam sites also stole money from the bankrolls almost immediately after the owner of Just Dice was able to withdraw his BTC. If the scam sites were planning on scamming then they might as well have not honored the withdrawal request from the owner of Just Dice unless this person was somehow involved in the scam.

One explanation, that I personally believe as to how the owner of Just Dice was able to withdraw his BTC before those sites stole the BTC in their bankrolls was that the sites sent the owner of Just Dice an equal (or greater) amount of BTC as "collateral" so the owner of Just Dice could deposit his "own" BTC to those scam sites, and possibly earn a fee from doing so. There would be no risk to the owner of Just Dice, but he would still be allowed to publicly proclaim that he was investing in (and "trusting") these scam sites in order to give them additional legitimacy. Just Dice actually engaged in a similar setup with inputs.io and TradeFortress (someone who turned out to be a serial scammer who has stolen thousands of BTC on multiple occasions) openly.
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June 27, 2016, 06:15:32 AM
 #3354

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

I don't know any secure invesments in the developed world that pay 1% a year yet along 10% a year.

You can achieve an average of 5-10% a year if you take short term risks.

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June 27, 2016, 06:32:19 AM
 #3355

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

I don't know any secure invesments in the developed world that pay 1% a year yet along 10% a year.

You can achieve an average of 5-10% a year if you take short term risks.

There is no safe investments paying 20% a year that I am aware of.... But everyone has a different tolerance for risk levels and one man's idea of safe might be very different from another

Everyone thought they were safe in 2008 when the property and credit  bubbles busted and caused a global recession....

I guess people in Cyprus and Greece thought they were safe too because their money was "safe"  in the banks etc

Anything paying 20% a year is likely risky or even an outright scam.... The Madoff ponzi paid 12% a year to put that that into  perspective...
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June 27, 2016, 06:47:07 AM
 #3356

Hi guys , i hope you are fine ,i just lost 650 $ in hashocean ,
the website is now offline and they scamed thousands
Of users , nothing left with me please help me donating some
Pennies , i will be very thank full to all of you.
My wallet:

3QnxeYYQZBuFnAQFhPNENDAi9av6xqwL6n
janggernaut
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June 27, 2016, 06:50:43 AM
 #3357

Hi guys , i hope you are fine ,i just lost 650 $ in hashocean ,
the website is now offline and they scamed thousands
Of users , nothing left with me please help me donating some
Pennies , i will be very thank full to all of you.
My wallet:

3QnxeYYQZBuFnAQFhPNENDAi9av6xqwL6n
First of all, sorry for your lost (got scammed, altough i want to see the proof if you really lost that amount), but you can begging on here, itsn't allowed. Take it as a lesson if you are really got scammed.

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June 27, 2016, 02:45:50 PM
 #3358

Hi guys , i hope you are fine ,i just lost 650 $ in hashocean ,
the website is now offline and they scamed thousands
Of users , nothing left with me please help me donating some
Pennies , i will be very thank full to all of you.
My wallet:

3QnxeYYQZBuFnAQFhPNENDAi9av6xqwL6n

Bitcoin isn't a scam but it facilitates scamming. I would be sorry for your loss if I and others had not gone into hashocean threads and warned people that they were just another Bitcoin facilitated scam.

Save up as little as $5,000 and invest in Vanguard REIT ETF. I've earned a minimum of 12% a year with a Vanguard diversified portfolio. Also, stop listening to the dumbasses on this forum. They know jack shit about investing. 

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June 27, 2016, 04:41:15 PM
 #3359

Invest in alternatives to the dollar is probably a good idea.  12% is amazing, I wonder which countries that was maybe India a decade ago was doing that but not sure now.   Globally I think dollar will decline in favour of something less biased maybe not bitcoin but many other systems may be the true successors in the end game.    Dont be all in one thing, I think everyone should have a bit of gold but decide yourself on that one.   Dollar might be replaced or supported by IMF SDR shorter term but thats just another political rehash of now.  I think longer term it'll world currency will rely on something with more integrity of some kind

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June 27, 2016, 04:56:49 PM
 #3360

Invest in alternatives to the dollar is probably a good idea.  12% is amazing, I wonder which countries that was maybe India a decade ago was doing that but not sure now.   Globally I think dollar will decline in favour of something less biased maybe not bitcoin but many other systems may be the true successors in the end game.    Dont be all in one thing, I think everyone should have a bit of gold but decide yourself on that one.   Dollar might be replaced or supported by IMF SDR shorter term but thats just another political rehash of now.  I think longer term it'll world currency will rely on something with more integrity of some kind

I don't think they've used it much, but the dollar is already backed/guaranteed by SDR. That's not a pretty thing in my opinion, as internationalization of an already horribly centralized ponzi just begs for it's crash.

I agree that in the longer term, all or most monies are going to revert to something with some backing. Blockchain based currencies are a good bet, because once put in place, they're very hard to game. I expect the dollar to be 'backed' by a government commissioned blockchain within a few years, but I also expect that Bitcoin will outperform it BECAUSE it's not backed/hacked by any government.

Gold and silver, and rare earths most likely, will be good hedges as well. Gold and silver's history speaks for itself, but rare earths or contracts for them is something I find very interesting because they're necessary for the creation of silicon based computing devices.

I would also expect some of the lesser metals to appreciate in the coming years, particularly aluminum and titanium. Reserves are getting smaller, and demand is not.

I guess where I'm going is that BTC is best as part of your strategy. It's always wise to have a lot of baskets.

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