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Author Topic: coinjedi / betsofbitco.in SCAMMERS: Declares "Push" on obvious win for BFL bet  (Read 27975 times)
jwzguy
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April 03, 2013, 03:55:36 PM
 #61

People need to stop turning to this forum's scammer tag as the end-all be-all of Bitcoin justice.

BoB screwed up big time, there's no doubt. But they're not trying to scam anyone, or they wouldn't have refunded the bet money. A scammer tag here won't accomplish anything constructive.

Instead, when a betting site proves that they are doing a poor job, boycott them, give your business to the competition. It's that simple.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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April 03, 2013, 03:59:55 PM
 #62


Also, is there a screenshot of the Bitcoin Magazine article prior to the changes? Is there an editor note of such changes? I'm just asking here, but find this worrisome, for I have the utmost respect for the crew running the mag. This will sadden me greatly.

~Bruno K~

No editor note. Proof is in the Google index and the article title (a word press article URL is built from the articles title; if the article title is changed later, the url stays the same)

Got it!



People need to stop turning to this forum's scammer tag as the end-all be-all of Bitcoin justice.

BoB screwed up big time, there's no doubt. But they're not trying to scam anyone, or they wouldn't have refunded the bet money. A scammer tag here won't accomplish anything constructive.

Instead, when a betting site proves that they are doing a poor job, boycott them, give your business to the competition. It's that simple.


+1
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April 03, 2013, 04:09:07 PM
 #63

People need to stop turning to this forum's scammer tag as the end-all be-all of Bitcoin justice.

Blasphemy!

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April 03, 2013, 04:31:05 PM
 #64

People need to stop turning to this forum's scammer tag as the end-all be-all of Bitcoin justice.

BoB screwed up big time, there's no doubt. But they're not trying to scam anyone, or they wouldn't have refunded the bet money. A scammer tag here won't accomplish anything constructive.

Instead, when a betting site proves that they are doing a poor job, boycott them, give your business to the competition. It's that simple.



This is silly reasoning.

By ruling the bet a push and returning the money, they can claim that this happened due to incompetence.  Coinjedi has already begun to plead incompetence.  He can understand why we may think he did a very poor job.  This is what corrupt officials always fall back on.  The referee who cheated is not going to admit to taking bribes, he'll just apologize for having such an off day.

Furthermore, it's already been pointed out that the decision they rendered doesn't point to incompetence but to simple corruption.  If you were watching a soccer game and an embarrassed looking referee disallowed 5 clear goals all against one team, would you assume it was some kind of cosmic fluke or would you reason that, given the amount of money involved on the outcome of the match, the game was fixed?

The BFL backers lost the bet.  There is no real controversy in that regard.  The BFL side failed on several different points.  Luke Jr. is working for BFL, the March 31 deadline was missed, the "product" shown is a prototype that is still being worked on and does not even have a case, the prototype was never shipped anywhere, the product Luke Jr. claims to have ordered did not even exist at the time the bet was consumated and was not among the 3 specific products mentioned...  I can go on, but there is no point.  I am not foolish enough to believe that any honest, intelligent person who is paying attention thinks that there was ambiguity.  There was none.  It was an open and shut case.  There is only one reasonable explanation for how and why this happened, and that is that betsofbitco.in had a stake in the outcome.

By your reasoning, even if we believe that an escrow or arbitrator is intentionally making bad decisions, we should not cry "theft" but should just shake our head and say "oh well, I guess I went with the wrong site".  That is not a reasonable position to take.  Think about this a little more seriously.
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April 03, 2013, 04:46:38 PM
 #65

By your reasoning, even if we believe that an escrow or arbitrator is intentionally making bad decisions, we should not cry "theft" but should just shake our head and say "oh well, I guess I went with the wrong site".  That is not a reasonable position to take.  Think about this a little more seriously.

The problem is that BoB is not an escrow.
It is a gambling site.
As it turns out, hoping for a fair judgement of the betting is a gamble in its own right.
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April 03, 2013, 04:57:37 PM
 #66

People need to stop turning to this forum's scammer tag as the end-all be-all of Bitcoin justice.

BoB screwed up big time, there's no doubt. But they're not trying to scam anyone, or they wouldn't have refunded the bet money. A scammer tag here won't accomplish anything constructive.

Instead, when a betting site proves that they are doing a poor job, boycott them, give your business to the competition. It's that simple.



This is silly reasoning.

By ruling the bet a push and returning the money, they can claim that this happened due to incompetence.  Coinjedi has already begun to plead incompetence.  He can understand why we may think he did a very poor job.  This is what corrupt officials always fall back on.  The referee who cheated is not going to admit to taking bribes, he'll just apologize for having such an off day.

Furthermore, it's already been pointed out that the decision they rendered doesn't point to incompetence but to simple corruption.  If you were watching a soccer game and an embarrassed looking referee disallowed 5 clear goals all against one team, would you assume it was some kind of cosmic fluke or would you reason that, given the amount of money involved on the outcome of the match, the game was fixed?

The BFL backers lost the bet.  There is no real controversy in that regard.  The BFL side failed on several different points.  Luke Jr. is working for BFL, the March 31 deadline was missed, the "product" shown is a prototype that is still being worked on and does not even have a case, the prototype was never shipped anywhere, the product Luke Jr. claims to have ordered did not even exist at the time the bet was consumated and was not among the 3 specific products mentioned...  I can go on, but there is no point.  I am not foolish enough to believe that any honest, intelligent person who is paying attention thinks that there was ambiguity.  There was none.  It was an open and shut case.  There is only one reasonable explanation for how and why this happened, and that is that betsofbitco.in had a stake in the outcome.

By your reasoning, even if we believe that an escrow or arbitrator is intentionally making bad decisions, we should not cry "theft" but should just shake our head and say "oh well, I guess I went with the wrong site".  That is not a reasonable position to take.  Think about this a little more seriously.

If you'd said they ruled for the other side of the bet, I'd agree. But they didn't. They said they accepted a bet that turned out to be too ambiguous to make a judgement and canceled it. Your examples don't make any sense in this case. And your "only one reasonable explanation" is horseshit. It's perfectly reasonable that the judge felt he couldn't make a fair decision. I disagree with him, but by using their site you are agreeing to let him make that decision.

What's silly is you thinking that getting a scammer tag here is constructive. Sorry, that's not going to do a goddamn thing. Use another site that you think deserves trust. The scammer tag was not meant to function as the BBB of the Bitcoin world. If you have a problem with that, the door's over there.
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April 03, 2013, 05:29:10 PM
 #67

I have the utmost respect for the crew running the mag.

You're like the only one.

But they're not trying to scam anyone, or they wouldn't have refunded the bet money

This is pretty much an argument to ignorance. If you gamble, lose, and refund you've in fact defrauded the winner of his winnings. That this point is usually lost on people who don't gamble doesn't make it any less valid, just like the fact that many people don't know that antibiotics don't help against viruses doesn't make antibiotics any more effective against viruses.

Instead, when a betting site proves that they are doing a poor job, boycott them, give your business to the competition. It's that simple.

The problem here is that the so-called betting site had an undisclosed relationship with the so-called miner producer to pump their inexistent ASIC. The scam is plainly "come bet that you'll deliver, then would-be buyers will think the odds are still there, then they'll buy, then when you don't deliver we'll refund". This is a scam.

The BFL backers lost the bet.  There is no real controversy in that regard.  The BFL side failed on several different points.  Luke Jr. is working for BFL, the March 31 deadline was missed, the "product" shown is a prototype that is still being worked on and does not even have a case, the prototype was never shipped anywhere, the product Luke Jr. claims to have ordered did not even exist at the time the bet was consumated and was not among the 3 specific products mentioned...  I can go on, but there is no point.  I am not foolish enough to believe that any honest, intelligent person who is paying attention thinks that there was ambiguity.  There was none.  It was an open and shut case.  There is only one reasonable explanation for how and why this happened, and that is that betsofbitco.in had a stake in the outcome.

Absolutely correct.

Possibly not worth the mention that Luke-jr is currently Bitcoin's chief scumbag. The list of fraudulent, dishonest, scammy shit he's pulled so far is perhaps worthy of a (stickied) thread itself. It's beyond me how people who intend to earn their bread by their reputation still associate with him, but I hope it's obvious that in a few years "has worked with Luke-jr" will be the reason resumes are turned down. Yes Gavin, I am talking to you.

If you'd said they ruled for the other side of the bet, I'd agree. But they didn't. They said they accepted a bet that turned out to be too ambiguous to make a judgement and canceled it

This is Joel Katz level coolaid right here. First off, your agreement carries no value in this conversation, and as such it's not a bargain chip. Second off, what, were they in mutual error? Get off.

If you have a problem with that, the door's over there.

Seriously, who are you and when did you get a voice? Fuckwit.

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April 03, 2013, 06:19:58 PM
 #68

Do I understand it right that bob is calling a draw here because the bet wasn't clear enough? (Statement and agreements etc)

Aren't they supposed to check that first when they take the bet? .... It seems that they took it, didn't bother about the terms and later panicked their way out by calling a draw?

Thd whole thing smells weird :/

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April 03, 2013, 06:33:03 PM
 #69

Do I understand it right that bob is calling a draw here because the bet wasn't clear enough? (Statement and agreements etc)

Aren't they supposed to check that first when they take the bet? .... It seems that they took it, didn't bother about the terms and later panicked their way out by calling a draw?

Thd whole thing smells weird :/

It magically only became ambiguous after BFL failed to meet its deadline.

Two days earlier it wasn't ambiguous yet.

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April 03, 2013, 06:39:10 PM
 #70

From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
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April 03, 2013, 06:45:34 PM
 #71

From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
Not the same bet. betsofbitco.in allowed for +/- 25% on hashrate (which was met), but the competitior's bet only allowed +/- 10% (which was not met).

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April 03, 2013, 06:50:58 PM
 #72

From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
Not the same bet. betsofbitco.in allowed for +/- 25% on hashrate (which was met), but the competitior's bet only allowed +/- 10% (which was not met).

Same clear outcome.
A dev board is not a device as defined by the bet.
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April 03, 2013, 07:06:11 PM
 #73

I don't think a Draw is out of line.  If you carefully read the terms of the bet, it's in BFL's favor except for the time requirement (before April 1).  I think the post was made before April 1 on the US West Coast, and after April 1 East Coast time.  They should really clarify that all times refer to GMT unless otherwise specified.
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April 03, 2013, 07:09:49 PM
 #74

I don't think a Draw is out of line.  If you carefully read the terms of the bet, it's in BFL's favor except for the time requirement (before April 1).  I think the post was made before April 1 on the US West Coast, and after April 1 East Coast time.  They should really clarify that all times refer to GMT unless otherwise specified.

How was the post credible - the pictures were taking by Josh (and employee) and sent to Luke (an eployee) - hell for all we know it might be a FPGA rig or what not. How does it imply shipping?
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April 03, 2013, 07:14:35 PM
 #75

I don't think a Draw is out of line.  If you carefully read the terms of the bet, it's in BFL's favor except for the time requirement (before April 1).  I think the post was made before April 1 on the US West Coast, and after April 1 East Coast time.  They should really clarify that all times refer to GMT unless otherwise specified.

How was the post credible - the pictures were taking by Josh (and employee) and sent to Luke (an eployee) - hell for all we know it might be a FPGA rig or what not. How does it imply shipping?

It doesn't...it implies scamming. The only thing BFL is good for. Off the charts fail from BFL & BOB.

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April 03, 2013, 07:46:20 PM
 #76

I don't think a Draw is out of line.  If you carefully read the terms of the bet,

If you carefully read the terms of the bet,

carefully read the terms

See, this right here? This? This is Atlas type stuff. "Reading the terms carefully" to arrive at some convoluted definition of the bet that the other 95% of the population (aka sane people) can only look at in stark bewilderment and disdain. Do you want to end up like Atlas? A burned out ideas-man with nary an accomplishment to himself but "building an IKEA desk once".


(btw, Atlas, you still owe me 3 Bitcoins or something)
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April 03, 2013, 07:57:02 PM
 #77

From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
Not the same bet. betsofbitco.in allowed for +/- 25% on hashrate (which was met), but the competitior's bet only allowed +/- 10% (which was not met).

Winning by technicality.... Where did I hear that last time;)

-+25% of what product may I ask?!

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April 03, 2013, 08:14:21 PM
 #78

(btw, Atlas, you still owe me 3 Bitcoins or something)

By now that'd be enough to pay for Banya's Armani suit.

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April 03, 2013, 08:16:47 PM
 #79

(btw, Atlas, you still owe me 3 Bitcoins or something)

By now that'd be enough to pay for Banya's Armani suit.

LOL

Hey, you were supposed to buy me lunch! A real lunch, not a soup and sandwich!

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April 03, 2013, 08:17:46 PM
 #80

From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
Not the same bet. betsofbitco.in allowed for +/- 25% on hashrate (which was met), but the competitior's bet only allowed +/- 10% (which was not met).

+-25% of what product mentioned In the bet you scamming piece of shit?  
Protip: the products were listed in the yahoo article mentioned in the bet. 

I guess the math portion of your miner is still everything you stole from cgminer. Fuck off
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