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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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Author Topic: [BitFunder] btcQuick - Bitcoin Sales Service  (Read 94158 times)
thy
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April 21, 2014, 03:03:01 PM
 #741

dividends payout weekly?
Weekly dividend would be a bit optimistic at this stage as the company has stopped selling bitcoins and thus not generating any new profit, there will be a final dividend payout somewhere in 6-12 months time it was said before in this thread by the owner.

MilkyLep
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April 21, 2014, 05:02:16 PM
 #742

Jerrod financials of last year, for investors:
https://mega.co.nz/#F!PYVCTSQS!Cb6zTc3FSssaNpnhv9uK3Q
He reported revenues of 2.5 million dollars, only 26K refunds, and monthly burn rate of 8K usd.
Expenditures are reported of 2.4 million dollars (WTF, probably buying bitcoins), reported profit only 133,271 USD.

Was there another financial statement after 9/30/13 ?

I saw a much lower profit figure.

Oh, as well as this gem:

Quote
Uncategorized Expense       71,043.60
...
Total Operating Expenses   79,549.19

Either you own the bitcoins(private keys) or you don't. However with moneroj, nobody knows what you own.
Secure. Private. Untraceable.
kololo
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April 21, 2014, 10:51:22 PM
 #743

How many btcs will we get back per share?
sparky999
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April 22, 2014, 12:07:55 PM
 #744

Depends how many BTC you think BTCquick has

1700BTC = 0.000034/share
1000BTC = 0.00002/share
100BTC = 0.000002/share

Also depends how many shares it is being divided by but I am assuming the full 50million.
Bananery
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April 22, 2014, 12:51:03 PM
 #745

How many btcs will we get back per share?

He must divide all funds to 32.5 million shares, because he sold 32.5 million. Why should he return anything back to himself when he already took 300BTC for personal loan, 375BTC for his work and 1700BTC of inventory.

Jerrod implies there are no bitcoins left at all, which means he stole all 1700BTC. So it will be few satoshis per share.
sparky999
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April 22, 2014, 01:36:52 PM
 #746

How many btcs will we get back per share?

He must divide all funds to 32.5 million shares, because he sold 32.5 million. Why should he return anything back to himself when he already took 300BTC for personal loan, 375BTC for his work and 1700BTC of inventory.

Jerrod implies there are no bitcoins left at all, which means he stole all 1700BTC. So it will be few satoshis per share.


With the frequency BTCquick was selling out of bitcoins at, there is a strong implication all the bitcoins are gone. Where they went is anyone's guess.
superbit
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April 22, 2014, 03:23:31 PM
 #747

Then there should be a good stack of USD

https://bitfinex.com/?refcode=UInJLQ5KpA <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with the refcode
My feedback thread: Forum thread
shadallion
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April 22, 2014, 11:30:27 PM
 #748

An amazing combination of incompetence and probably outright theft. 

Damn me for investing in this, and a serious curse on you Ascension.  Seriously, go to Hell.
SuchGravity
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April 26, 2014, 03:58:40 AM
 #749


Ascension, ever thought about rebooting?

New merchant account
Registering with FinCEN
MiiCard integration
Limiting to USA/Canada only
etc etc

Just a thought...
Bananery
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April 26, 2014, 08:26:16 PM
 #750


Ascension, ever thought about rebooting?

New merchant account
Registering with FinCEN
MiiCard integration
Limiting to USA/Canada only
etc etc

Just a thought...

Did you even read his posts?
Aru Hasa-Special
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May 11, 2014, 07:35:15 AM
 #751

Investment of the BTC now enough to support the development of more technical COINS, there is no turning back, sigh!

eXo:Powerful coin, developer is concerned about the community.   Hold it, because there are a lot of people want it.
thecoinjournal
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May 11, 2014, 03:03:28 PM
 #752

btcquick was a profitable business, there should be either a lot of USD or bitcoins left.

Bananery
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May 11, 2014, 03:06:32 PM
 #753

btcquick was a profitable business, there should be either a lot of USD or bitcoins left.

Yes, there should be. But all bitcoins were stolen by Ascension through criminal actions. He implies there is a little amount of dollars is left, and all bitcoins are gone.
shadallion
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May 12, 2014, 03:35:13 AM
 #754

How many btcs will we get back per share?

He must divide all funds to 32.5 million shares, because he sold 32.5 million. Why should he return anything back to himself when he already took 300BTC for personal loan, 375BTC for his work and 1700BTC of inventory.

Jerrod implies there are no bitcoins left at all, which means he stole all 1700BTC. So it will be few satoshis per share.


He is a thief, pure and simple.
Plazma
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May 22, 2014, 05:17:00 PM
 #755

such scam

BTC: 1A1Mwjfw2mTko4N2UuVQ3RK4hXJunsPA3j
XMP: AcT3PK4wofjCMt6irN4HXENUqPvoBJRWk3
SOSLOVE868
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May 25, 2014, 04:50:46 AM
 #756

why dont we suit him? why everytime we just can;t do anything to those scamer? I have been deeply hurt by those busts, but because there is nothing we can do ,then it become really nothing we can't do.
Plazma
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May 25, 2014, 01:58:59 PM
 #757

Does any1 has his info? I have some people we can send after him, They take big chunk of the money. but they usually take x2 / x3 the money he owes cos of delays.

BTC: 1A1Mwjfw2mTko4N2UuVQ3RK4hXJunsPA3j
XMP: AcT3PK4wofjCMt6irN4HXENUqPvoBJRWk3
SOSLOVE868
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May 26, 2014, 07:19:32 PM
 #758

I have some of his personal
Info,what can we do with it? He scam me for about 100 BTC which is mean almost 60K usd ,shit this guy!
Bananery
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June 05, 2014, 03:13:14 AM
 #759

Let's put negative feedback to Ascension. I already did. Let people know so he can't scam more people in the future.
Surf Capital Management
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June 06, 2014, 02:44:25 PM
 #760

If anyone has any identifying information about Ascension, I'd suggest filing a securities complaint in Colorado (where the exchange was located).

Colorado Securities Fraud Investigations
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