tysat
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 Offline
Activity: 966
Merit: 1004
Keep it real
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May 17, 2013, 09:48:12 PM |
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Definition of fraud - Wrongful or criminal deception intended to result in financial or personal gain.
Deceiving newbies into thinking you're going to give them a Bitcoin in a ledger system they don't understand so you can cash in on their real BTC being held at Bitstamp qualifies I think.
That's why I put a warning at the top of the thread. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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bitaccumulation
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Activity: 70
Merit: 10
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May 17, 2013, 09:52:54 PM
Last edit: May 17, 2013, 10:07:15 PM by bitaccumulation |
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Definition of fraud - Wrongful or criminal deception intended to result in financial or personal gain.
Deceiving newbies into thinking you're going to give them a Bitcoin in a ledger system they don't understand so you can cash in on their real BTC being held at Bitstamp qualifies I think.
That's why I put a warning at the top of the thread. It's not that simple. He's using a system that is completely different than Bitcoin in order to steal people's real Bitcoin. He has admitted this. Did you not see my screenshot? Or does this not matter? This is not an "experiment." He is using a completely foreign interface to fleece newbie's of their Bitcoin. Why would just put a "make sure you read about Ripple" when someone is flat out trying to scam people? Why not just end the scam? EDIT: I see your MODEDIT #2 now, I missed that initially. |
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Come-from-Beyond
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Activity: 2142
Merit: 1009
Newbie
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May 17, 2013, 10:36:29 PM |
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This is not an "experiment." He is using a completely foreign interface to fleece newbie's of their Bitcoin. Why would just put a "make sure you read about Ripple" when someone is flat out trying to scam people? Why not just end the scam?
It's not a scam. He shows that Ripple concept is flawed in the essence. Banks work the same way. |
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K1773R
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Activity: 1792
Merit: 1008
/dev/null
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May 18, 2013, 12:05:22 AM |
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This is not an "experiment." He is using a completely foreign interface to fleece newbie's of their Bitcoin. Why would just put a "make sure you read about Ripple" when someone is flat out trying to scam people? Why not just end the scam?
It's not a scam. He shows that Ripple concept is flawed in the essence. Banks work the same way. corret, and a BTCTalk mod helps Ripple. this is getting really sad... |
[GPG Public Key]BTC/DVC/TRC/FRC: 1 K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM A K1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: N K1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: L Ki773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: E K1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: b K1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
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ervalvola
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May 18, 2013, 01:38:50 AM |
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corret, and a BTCTalk mod helps Ripple. this is getting really sad...
helping people to avoid a loss of bitcoins. If you want to demonstrate that Ripple is flawed, just explain, people aren't stupid. |
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darkmule
Legendary
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Activity: 1176
Merit: 1005
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May 18, 2013, 02:51:14 AM |
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corret, and a BTCTalk mod helps Ripple. this is getting really sad...
helping people to avoid a loss of bitcoins. If you want to demonstrate that Ripple is flawed, just explain, people aren't stupid. You're making an excellent effort to disprove that. |
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tysat
Legendary
Offline
Activity: 966
Merit: 1004
Keep it real
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May 18, 2013, 02:51:34 AM |
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Definition of fraud - Wrongful or criminal deception intended to result in financial or personal gain.
Deceiving newbies into thinking you're going to give them a Bitcoin in a ledger system they don't understand so you can cash in on their real BTC being held at Bitstamp qualifies I think.
That's why I put a warning at the top of the thread. It's not that simple. He's using a system that is completely different than Bitcoin in order to steal people's real Bitcoin. He has admitted this. Did you not see my screenshot? Or does this not matter? This is not an "experiment." He is using a completely foreign interface to fleece newbie's of their Bitcoin. Why would just put a "make sure you read about Ripple" when someone is flat out trying to scam people? Why not just end the scam? EDIT: I see your MODEDIT #2 now, I missed that initially. Mod edit #2 was John K, don't want to take credit for his work. It definitely adds on in a good way. |
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scalar33
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Activity: 65
Merit: 10
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May 18, 2013, 03:07:01 AM
Last edit: May 18, 2013, 03:40:23 AM by scalar33 |
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For a better giveaway see my thread, i'm sending 15,000 Ripple BTC free for the first peoples that respond.
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62 Posts BTC: 12UByjpZgQMV1j8Hg8KQuztGbmfb2aD5HM
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impatrick
Newbie
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Activity: 28
Merit: 0
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May 18, 2013, 03:38:59 AM |
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rERPS6miAd9bugVvDtp5Vn1rT5m8MBRDS8
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impatrick
Newbie
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Activity: 28
Merit: 0
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May 18, 2013, 03:39:55 AM |
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rERPS6miAd9bugVvDtp5Vn1rT5m8MBRDS8
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scalar33
Member
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Activity: 65
Merit: 10
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May 18, 2013, 03:45:48 AM |
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For a better giveaway see my thread, i'm sending 15,000 Ripple BTC free for the first peoples that respond.
My Ripple giveaway thread appears to have been deleted, just PM me for the info, 15,000 Ripple BTC. |
62 Posts BTC: 12UByjpZgQMV1j8Hg8KQuztGbmfb2aD5HM
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lemontreecmta
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Activity: 10
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May 18, 2013, 04:15:38 AM |
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That's pretty smart, TradeFortress. However, I don't think this is a flaw in Ripple. One party should have the freedom to grant trust, and they should be smart enough not to grant trust to others to protect their money.
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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May 18, 2013, 04:53:58 AM |
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rBpSXnvCUkG6cAtk1KxaRKvM7wPcrJot5s
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alonlavian
Newbie
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Activity: 3
Merit: 0
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May 19, 2013, 06:31:46 PM |
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rK7V1bVcTemRfj94VUB5Z6vzcNP86Ux9Uc
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hb2025
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Activity: 84
Merit: 10
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May 19, 2013, 06:41:12 PM |
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rcRQJJJq76wAWSYFEdHhU3B42sRH9q1PQ
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alonlavian
Newbie
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Activity: 3
Merit: 0
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May 19, 2013, 07:05:26 PM |
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rUJQKuCf4876soJQZ2Kd9u8zkdME1o4EEd
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Branzig
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May 19, 2013, 07:12:01 PM |
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rpFdK7tqyUdfavcKoTcbw2maCSKKXxatZp
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jubalix
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Activity: 2618
Merit: 1022
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May 19, 2013, 07:38:37 PM |
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hmm i think trade is doing a valuable service to demonstrate issues with ripple
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bitcoinbear
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May 19, 2013, 11:08:30 PM |
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rHA7cXDZfeZqGNbihPnHhvwyEL8Rw4dRbJ And if anybody does not want your TradeFortressBTC, you can send it to me  |
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