Bitcoin Forum
November 21, 2018, 03:12:13 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Another Bitcoin ponzi scheme...  (Read 2862 times)
greyhawk
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000


View Profile
January 29, 2013, 12:05:07 AM
 #41

Bitcoin gem developer has just ran away with 225BTC:

Butterfly Labs sucks balls bought at 115.31 btc and is about to make 5.765 btc profit

Butterfly Labs ASIC Miners bought at 104.83 btc and is about to make 5.24 btc profit

I guess that's karma  Cheesy

I'm not positive he's out to scam...

He's taken down the ability to purchase the gem while he waits for a buyer.  If his aim was to scam as much as possible, he would have let people continue to buy the gem.

Actually, no, the price has already reached absurdity levels and maxmint is now 50 BTC richer. It can't go on for much longer, so the logical thing is to look for a fool to hand him another 300 BTC (looking at reddit there's no shortage of "bright people" believing this thing to go on forever). Now if he left the option to buy the gem open, people would see that no one's buying it at that price, lowering the chances of finding said fool.
1542813133
Hero Member
*
Offline Offline

Posts: 1542813133

View Profile Personal Message (Offline)

Ignore
1542813133
Reply with quote  #2

1542813133
Report to moderator
1542813133
Hero Member
*
Offline Offline

Posts: 1542813133

View Profile Personal Message (Offline)

Ignore
1542813133
Reply with quote  #2

1542813133
Report to moderator
1542813133
Hero Member
*
Offline Offline

Posts: 1542813133

View Profile Personal Message (Offline)

Ignore
1542813133
Reply with quote  #2

1542813133
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1542813133
Hero Member
*
Offline Offline

Posts: 1542813133

View Profile Personal Message (Offline)

Ignore
1542813133
Reply with quote  #2

1542813133
Report to moderator
galaxyAbstractor
Full Member
***
Offline Offline

Activity: 147
Merit: 100



View Profile WWW
January 29, 2013, 12:06:14 AM
 #42

Bitcoin gem developer has just ran away with 225BTC:

Butterfly Labs sucks balls bought at 115.31 btc and is about to make 5.765 btc profit

Butterfly Labs ASIC Miners bought at 104.83 btc and is about to make 5.24 btc profit

I guess that's karma  Cheesy

I'm not positive he's out to scam...

He's taken down the ability to purchase the gem while he waits for a buyer.  If his aim was to scam as much as possible, he would have let people continue to buy the gem.
Maybe he had bad conscience and didn't want to go further?

Also tho, when somebody buys, the amount is sent to the previous buyer. So the site owner would only keep the profit, which was intended and I'm pretty sure everyone was aware of that. Anyway, site is 404 now, seems like Butterfly Labs sucks balls will be the last fool unless it's put back.

1gaLaxy9csuBTvNLJYoUy6sengQbh1TpV
Pyramining - Invest in mining!
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1442
Merit: 1001


Bitcoin: An Idea Worth Spending


View Profile WWW
January 30, 2013, 06:03:24 PM
 #43

I see it's back up: http://www.bitcoingem.com/index.php
chmod755
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile WWW
January 30, 2013, 06:12:57 PM
 #44


but it's only 0.9 BTC? wtf...
rupy
Hero Member
*****
Offline Offline

Activity: 691
Merit: 500



View Profile
January 30, 2013, 06:20:52 PM
 #45

lol, bitcoin talk is basically a big scam built around the best idea of modern civilization!

I love the contrast!

BANKBOOK GWT Wallet & no-FIAT Billing API
Luno
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250



View Profile
January 30, 2013, 06:23:52 PM
 #46

lol, bitcoin talk is basically a big scam built around the best idea of modern civilization!

I love the contrast!

LOL, we kno who invented Bitcoin, but e don't know who invented bitcointalk.org

                                                                               
                
                                                       ╓▄▌██P                  
                                                 ╔▄▌███▀███▌                   
                                           ▄▄▌██▀▀╚  ╓██╩██                    
                                     ▄▄███▀▀╙      ▄██  ▓█                     
                               ▄▌███▀▀+          ▄█▀   ▐█                      
                        ,▄▌███▀▀¬              ▓█▀     █▄                      
                  ,▄▌███▀▀                  ,██▀      █▌                       
               '█████▌▄▄,                 ╓██╩       ██                        
                  ▀██▌▐▀▀▀█████▌▌▄▄╓    ▄██¬        ▄█                         
                     ▀██▄        ╚▀▀▀████          ▐█═                         
                        ▀██▄        ▓█▀██          █▀                          
                           ▀██▄  ,██▀   █µ        ██                           
                              ▀███Z     ██       ██                            
                                ▐██     ▐█      ▄█                             
                              ,,╓╓█▓▄▌   █▌    ▐█U                             
                        º▄▓▓▓▓▓▓▓▓▓███   ▀█    █▌                              
                          ▀█▓▓▓▓▓████▀█▌  █▌  ██                               
                            ▀███████▌  ▀█µ▀█ ██                                
                              ▀█████     ███▓█                                 
                                ▐███      ▀██Ñ                                 
                                            ▀                             

rupy
Hero Member
*****
Offline Offline

Activity: 691
Merit: 500



View Profile
January 30, 2013, 06:36:38 PM
 #47

actually no... lol, ok, I c what u did there... or not!

BANKBOOK GWT Wallet & no-FIAT Billing API
jwzguy
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000



View Profile
January 30, 2013, 06:38:21 PM
 #48

Surely no one actually "paid" for this lunacy. Were txids posted?
greyhawk
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000


View Profile
January 30, 2013, 08:01:19 PM
 #49

lol, bitcoin talk is basically a big scam built around the best idea of modern civilization!

I love the contrast!

LOL, we kno who invented Bitcoin, but e don't know who invented bitcointalk.org

Actually we do: https://bitcointalk.org/index.php?action=profile;u=3
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!