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Author Topic: BTCJam has officially pulled a scam  (Read 5669 times)
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April 19, 2013, 02:28:23 AM
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I used https://btcjam.com a while back just to test their service out. I left some Bitcoin on a loan and recently went back to check on it. Well the BTC I had loaned had been repaid so I wanted to withdraw it. Now btcjam.com fails every time I attempt to withdraw my BTC. I have tried 4 different internet browsers and 3 different ISP's...

I have emailed them and failed to get any kind of response. This has lead me to the conclusion that btcjam.com has indeed scammed me for my coins.

I suggest nobody submits their private details to this company! If they are willing to steal Bitcoin, then who knows what they will do with your private information...
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April 19, 2013, 02:29:44 AM
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When did you email them?
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April 19, 2013, 02:33:36 AM
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First, how much are you trying to withdraw? Maybe they have a limit?

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April 19, 2013, 02:36:37 AM
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I emailed them over 4 days ago.
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April 19, 2013, 02:38:14 AM
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You're spewing lies and your title is making a legitimate company look bad. Before you call them scammers you need more proof and you need to give us more information. What do you mean every time you try to withdraw it fails? Does it mean you forgot the password?

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April 19, 2013, 02:45:36 AM
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I have emailed them... I have received no response and my coins are inaccessible to me. I feel the title fits this thread perfectly.

As I said I tried 4 browsers..
Firefox, Chrome, and Opera all load the withdraw section fine but when I click withdraw it reads out Transaction failed
Internet Explorer just loads the grey overlay and never shows the withdraw window.
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April 19, 2013, 02:48:19 AM
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I have emailed them... I have received no response and my coins are inaccessible to me. I feel the title fits this thread perfectly.

As I said I tried 4 browsers..
Firefox, Chrome, and Opera all load the withdraw section fine but when I click withdraw it reads out Transaction failed
Internet Explorer just loads the grey overlay and never shows the withdraw window.

Try withdrawing .01 BTC less than your balance. It won't let you withdraw because of fees most likely.

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April 19, 2013, 02:48:44 AM
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How much are you trying to withdraw?
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April 19, 2013, 02:55:25 AM
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Image of the error

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April 19, 2013, 02:57:57 AM
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It's entirely possible they're having issues with their wallets. They could be using blockchain.info to store their coins and utilizing the API there for example. If it's that or a similar case, then any issue with the host will reflect on your side as a general error. I'm guessing it's the former though.

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April 19, 2013, 02:58:17 AM
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How much are you trying to withdraw?
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April 19, 2013, 03:01:45 AM
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Hey, @TradeFortress, see how he avoids the question. Tongue

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April 19, 2013, 03:03:56 AM
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Hey, @TradeFortress, see how he avoids the question. Tongue

Don't attribute to malice what can be explained by stupidity.

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April 19, 2013, 03:05:41 AM
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Maybe I ignored it because I am here to state what happened and what is happening... Not how many coins I have in a personal account...
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April 19, 2013, 03:06:21 AM
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Hey, @TradeFortress, see how he avoids the question. Tongue

Don't attribute to malice what can be explained by stupidity.

He may just want to keep that bit anonymous. Especially since it doesn't pertain to the issue in any way.

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April 19, 2013, 03:08:23 AM
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It's entirely possible they're having issues with their wallets. They could be using blockchain.info to store their coins and utilizing the API there for example. If it's that or a similar case, then any issue with the host will reflect on your side as a general error. I'm guessing it's the former though.

If this is the case I would like to know. It has the same errors as 4 days ago and if it is a issue they are having with their system I would like a response to the email to let me know.
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April 19, 2013, 03:36:46 AM
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Hey, @TradeFortress, see how he avoids the question. Tongue

Don't attribute to malice what can be explained by stupidity.

He may just want to keep that bit anonymous. Especially since it doesn't pertain to the issue in any way.
Let me rephrase my question then: Are you at least trying to withdraw a minimum of 0.02 BTC at once?

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April 19, 2013, 07:59:48 AM
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Hey, @TradeFortress, see how he avoids the question. Tongue

Don't attribute to malice what can be explained by stupidity.

He may just want to keep that bit anonymous. Especially since it doesn't pertain to the issue in any way.
It does, because if he tries to withdraw more than what the hot wallet has, say 5000 btc, then it's going to fail.
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April 19, 2013, 04:19:40 PM
 #19

I used https://btcjam.com a while back just to test their service out. I left some Bitcoin on a loan and recently went back to check on it. Well the BTC I had loaned had been repaid so I wanted to withdraw it. Now btcjam.com fails every time I attempt to withdraw my BTC. I have tried 4 different internet browsers and 3 different ISP's...

I have emailed them and failed to get any kind of response. This has lead me to the conclusion that btcjam.com has indeed scammed me for my coins.

I suggest nobody submits their private details to this company! If they are willing to steal Bitcoin, then who knows what they will do with your private information...

It's just sad to see how little it takes to get people here start screaming SCAM.

The amount was  BTC0.002. So little that the network fee was causing the problem.

Here is the transaction ID:
36d32edf6f810b167b16593edd7ce514d2e976d118b81d052d4dd48b50fd668c

BTCJAM - Peer to Peer Bitcoin Lending
https://btcjam.com
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April 19, 2013, 05:03:43 PM
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Don't worry, we all figured as much the second we read the word "officially" in the title.

I used https://btcjam.com a while back just to test their service out. I left some Bitcoin on a loan and recently went back to check on it. Well the BTC I had loaned had been repaid so I wanted to withdraw it. Now btcjam.com fails every time I attempt to withdraw my BTC. I have tried 4 different internet browsers and 3 different ISP's...

I have emailed them and failed to get any kind of response. This has lead me to the conclusion that btcjam.com has indeed scammed me for my coins.

I suggest nobody submits their private details to this company! If they are willing to steal Bitcoin, then who knows what they will do with your private information...

It's just sad to see how little it takes to get people here start screaming SCAM.

The amount was  BTC0.002. So little that the network fee was causing the problem.

Here is the transaction ID:
36d32edf6f810b167b16593edd7ce514d2e976d118b81d052d4dd48b50fd668c

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