TradeFortress is a scammer.

[ervalvola]

I was one of the few people who got into that thread when there were still lesser then 5 views, you know what I did after reading till just before the picture? I closed my window of the thread thinking of the noobs who dont get hints

TF who publicly advertises Ripple is a scam opens a thread to give ripple btcs <<< what is the first thing that comes to your mind? If you are retarded enough not to get the hint that something is bound to happen and simply post your ripple address thinking of "FREEEEEEEE MONEYYYYYYYYYYY" and "FREEEEE MONEYYYY , ILL JUST REPORT OP AS A SCAMMER IF I DONT GET FREEEEE MONEEYYYYYYYY". Thats probably most of the people thoughts when they posted thier addressess. I would really like to help the guy who lost his real btc if he really lost it, I just cannot belief it and the evidence that is provided.

All this points to Ripple being a scam instead of TF, the developers of OpenCoin couldnt possibly never though of such an easy loophole when they designed the system. Knowing a potential loophole of your system but still advertising it and not fixing it but rather treating it as a plus for your system is essentially the same as a scam to me.

Alright, Im outta here before I get labelled as a scammer for nothing as well /sarcasm

Again this nice argument: noobs must be scammed !!! ; )

But you probably miss the point: people who do understand the trick could have used it to steal, as actually did that weird guy ironcross ; )

What you call a loophole... it isn't in my opinion... is a good thing that you're forced to think at trusted relationships when you talk about money, because it is the way money flow, bitcoins included. By the way, of course it is an opinion, which i won't try to impose scamming someone.

Alright, Im outta here before I get labelled as a butt-hurted scammed or a Ripple Addicted or a paid troll.

[ElectricMucus]

I don't recognize Ripple IOUs as binding agreements.

Why?

[ElectricMucus]

Now he edited away the mod notice in his thread there: https://bitcointalk.org/index.php?topic=206948.0

[CurbsideProphet]

I don't recognize Ripple IOUs as binding agreements.

Why?

Because they are unenforceable.  As it has been pointed out to you, several times, there are no terms to these IOU's.  Even if these were binding, they have no stated repayment terms so he could very well still owe X amount of BTC's to someone but pay them back the day after the sun burns out.  That would not be a breach of contract.

Furthermore, have you heard of the term consideration in contract law?  In order for a contract to be binding, it is required as a prerequisite that both parties offer consideration (something of value promised to the other).  In other words, a contract must be something in which both parties benefit in some way.  TF benefits in no way by giving away free BTC, there is no consideration.

I don't agree with his methodologies but I think he proved his point and I do not believe he meant any malice by doing it.  There was to my knowledge one person who was monetarily damaged in the whole stunt and TF offered to return the BTC to him but he stubbornly refused.

[ervalvola]

Guys, how would you call this:

http://crypto-giveaways.blogspot.it/

Proving a point? Exposing a Flaw?
Well done in being a scammer prophet, TF 

[🏰 TradeFortress 🏰]

Guys, how would you call this:

http://crypto-giveaways.blogspot.it/

Proving a point? Exposing a Flaw?
Well done in being a scammer prophet, TF 

What will continue to happen if OpenCoin Inc don't fix the problems.

Imagine a professional website, with an automated system. It gets the user to trust them for 0.01 first, and upon detecting the trust lines it immediately sends 0.01 BTC. The user sees this Ripple transaction, the site tells the user to increase the trust limit for more coins, fun times. Advertise that on Adf.ly/CoinURL, and it might crash down the Ripple network if a large enough userbase is affected.

[ervalvola]

Let's see if this one works without your reputation in this forum.
There are warnings everywhere to don't grant trust to unknown people. If greed is stronger than prudence that's a problem of the human kind, not Ripple. I am not here since the very beginning of bitcoin (only 2 years that i read this forum), but i bet that some "BTC givaway if you give me your private key" MUST have existed


Of course, everybody here is thinking that YOU (major Ripple hater) have nothing to do with that site except that having been a prophet.

[🏰 TradeFortress 🏰]

Probably not very well because that site is on blogspot.

FYI, take a look at how many people have fallen for mining united, the most obvious ponzi ever.

[ervalvola]

Probably not very well because that site is on blogspot.

FYI, take a look at how many people have fallen for mining united, the most obvious ponzi ever.

So, r u saying that i'm right?

[crumbcake]

I don't recognize Ripple IOUs as binding agreements.

Why?

Because they are unenforceable.  As it has been pointed out to you, several times, there are no terms to these IOU's.  Even if these were binding, they have no stated repayment terms so he could very well still owe X amount of BTC's to someone but pay them back the day after the sun burns out.  That would not be a breach of contract.

Furthermore, have you heard of the term consideration in contract law?  In order for a contract to be binding, it is required as a prerequisite that both parties offer consideration (something of value promised to the other).  In other words, a contract must be something in which both parties benefit in some way.  TF benefits in no way by giving away free BTC, there is no consideration.
...

Not sure why you brought up "consideration."  Consideration, and a unilateral contract*, exists as soon as TF extends the offer.  Consideration (in legalese) also doesn't mean "both parties benefit in some way" -- that's silly.  I can ask you to break the windshield of your car by throwing your laptop at it, and promise you $2000.00 in return.  If we seal this with a contract, saying "show me how i benefit from this deal" wouldn't get me out of it.

*"A contract in which only one party makes an express promise, or undertakes a performance without first securing a reciprocal agreement from the other party." (http://legal-dictionary.thefreedictionary.com/Unilateral+contract)

[MoneypakTrader.com]

please check out how TF scammed me and vote on him being a scammer: https://bitcointalk.org/index.php?topic=151880.0;all

[sublime5447]

I tried to tell people not to trust this guy.

[ellet]

I tried to tell people not to trust this guy.

I have not received any portion of my BTC yet and have sent several emails so far.

[freedomno1]

Been a while since this topic came up

[sublime5447]

please check out how TF scammed me and vote on him being a scammer: https://bitcointalk.org/index.php?topic=151880.0;all

This is how I knew what is what. 

MPT = trustworthy

TF not so much.

[justusranvier]

I've never interacted with TradeFortress, but I have had successful trades with MPT.

[sublime5447]

I've never interacted with TradeFortress, but I have had successful trades with MPT.

+1000

[Wipeout2097]

Ok, explain me one thing: did people that trusted TradeFortress with this ripple experiment, end up losing REAL BTC? Yes or no?

[Kluge]

Ok, explain me one thing: did people that trusted TradeFortress with this ripple experiment, end up losing REAL BTC? Yes or no?

It's too old to remember without reading through the thread again. He gave away "TF BTCXRP," allegedly to show that BTC on XRP isn't actual BTC, just a debt note, usually without any terms - and without terms, it's worthless. Adding insult to injury, he ended up being very highly trusted on the Ripple network, even though his notes were worthless. Someone (and there's a good chance I'm not remembering right, here) sold their debt note, and the person who bought it ended up screwed out of what they paid.

[2Kool4Skewl]

he ended up being very highly trusted on the Ripple network, even though his notes were worthless.

Really? lol

Why don't you go ask some prominent ripple users their feelings about TF.  You'll get an entirely different story.