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Author Topic: Bitcoin & fraud .  (Read 1295 times)
Rob E (OP)
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December 10, 2012, 12:20:09 AM
 #1

How come there seems to be so many fraud cases with bit coin. .i.e there seem to be a lot of fraud going on so called "exchange floors" the amount of insolvency or failed cases seemed to be "legion". And people losing money. .Can a list be made of failed cases of exchange platforms. . That would be interesting. And why cannot be more transparency demanded reall names adresses ip nmrs . . To make this more legit and "trustworthy".
zoinky
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December 10, 2012, 12:22:47 AM
 #2

Believe this is the thread you are looking for: https://bitcointalk.org/index.php?topic=83794.0

And that is just the result of having a free unregulated market.  Fraud happens regardless.
Rob E (OP)
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December 10, 2012, 12:58:48 AM
 #3

Holly shit. Thanks a lot ./. Why are there no established bitcoin exchange floors and who would want do with them in the first place if they're not  .. if people cant be traced  . Point is  .
We have to start earning respect and trust of each other for bitcoin to work and we have to develop a system that works on these principles. for bitcoin to succeed. a system that works in the best interest of bitcoin users making a change where a financial system can be trusted,  should the establishment. . of bit coin.
Rob E (OP)
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December 10, 2012, 01:06:59 AM
 #4

Believe this is the thread you are looking for: https://bitcointalk.org/index.php?topic=83794.0

And that is just the result of having a free unregulated market.  Fraud happens regardless.
[/b]
Realyy?
 what ever happened to our own ethics?
repentance
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December 10, 2012, 01:09:14 AM
 #5

The majority of start-ups fail.  It's become standard practice around here to cry "scam" any time users lose money, but plenty of those losses can be attributed as much to incompetence as they can to outright fraud.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
Rob E (OP)
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December 10, 2012, 01:15:55 AM
 #6

The majority of start-ups fail.  It's become standard practice around here to cry "scam" any time users lose money, but plenty of those losses can be attributed as much to incompetence as they can to outright fraud.
If the " start ups" walk away with with money it can be counted as fraud. . no matter how they say they "fail". . 
Rob E (OP)
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December 10, 2012, 01:23:01 AM
 #7

The majority of start-ups fail.  It's become standard practice around here to cry "scam" any time users lose money, but plenty of those losses can be attributed as much to incompetence as they can to outright fraud.
Would you start a buisiness if you didn't know what you're doing.
 Hm? Why would you start a buisiness if you cannot be of service. .
 
Rob E (OP)
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December 10, 2012, 01:26:21 AM
 #8

But sure many " scams' can be said as to be incompetent. . As long as the people invest in it and the the people saying it can walk away. .
Bitcoin Oz
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December 10, 2012, 01:28:02 AM
 #9

Believe this is the thread you are looking for: https://bitcointalk.org/index.php?topic=83794.0

And that is just the result of having a free unregulated market.  Fraud happens regardless.
[/b]
Realyy?
 what ever happened to our own ethics?

1. People are scumbags.


Rob E (OP)
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December 10, 2012, 01:42:01 AM
 #10

Believe this is the thread you are looking for: https://bitcointalk.org/index.php?topic=83794.0

And that is just the result of having a free unregulated market.  Fraud happens regardless.
[/b]
Realyy?
 what ever happened to our own ethics?

1. People are scumbags.


no  . People inherently want to do good .
Rob E (OP)
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December 10, 2012, 01:43:18 AM
 #11

largest chunk .  that is .
Rob E (OP)
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December 10, 2012, 01:53:20 AM
 #12

well how could the trust worthy ness be increased because right now there are about 4 or five threads of people being scamed its's a huge outpoint because if half the buisinesses i'd have to do business with cant be trusted something has to  fukeng change. .
FreeMoney
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December 10, 2012, 02:49:50 AM
 #13

The majority of start-ups fail.  It's become standard practice around here to cry "scam" any time users lose money, but plenty of those losses can be attributed as much to incompetence as they can to outright fraud.
Would you start a buisiness if you didn't know what you're doing.
 Hm? Why would you start a buisiness if you cannot be of service. .
 

This is getting off topic, but I think the answer is "because you think you know what you are doing".

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
QuantumQrack
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December 10, 2012, 06:41:42 AM
 #14

Fraud happens because people are dishonest firstly, not because it is unregulated.
wdBTCtrader
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December 10, 2012, 07:13:35 AM
 #15

fraud isn't inherent to bitcoins.

property crime statistics for US in the year 2011.
- In 2011, there were an estimated 9,063,173 property crime offenses in the nation.
- In 2011, the rate of property crime was estimated at 2,908.7 per 100,000 inhabitants,
- Larceny-theft accounted for 68.0 percent of all property crimes in 2011.  
- Burglary accounted for 24.1 percent and motor vehicle theft for 7.9 percent.
- Property crimes in 2011 resulted in losses estimated at $15.6 billion.

source:
https://www.fbi.gov/about-us/cjis/ucr/crime-in-the-u.s/2011/crime-in-the-u.s.-2011/property-crime/property-crime
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