List of ongoing scams

[tmbp]

Bit777 - Misleading, calling themselves "industry leading" , not provably fair whatsoever, lack of verifiables of the actual bets processed, can potentially over-inflate their own statistics, a PHP bot decides whether you win or lose.


Sorry tmbp but we don't even use PHP, not sure how you came to this conclusion... I won't even comment the rest. Too bad you are littering the forum this way.

Of course you don't since you cannot address other points, I have corrected the PHP mistake.

They don't release TXID's since that way you can hijack peoples accounts, since they're based off 'desired payout addresses'. Stunna said he's looking for an alternative however so he can get around that issue.

Your just paranoid.

Also every single other casino you listed I've played on and have had no problems what so ever.

"Well I've also participated in pyramid schemes and was paid so it's not like they are scams!"

It's a scam, if they misrepresent, skew and stretch information, it's a scam, even if they pay out afterwards, guess what? It's still a scam. Bitcoin has set back humanity 50 years scam wise with it's alternative monetary system, if you do not care about your customers' trust in you enough to provide this information you deserve the label anyway.

[Zaih]

OP wanted attention. OP got attention.

 

[SoftballSuperstar]

Glad I got to call this idiot out.

Op is the guy who blames everything of being a scam so that when he's actually right, he gets a sense of accomplishment.

[tmbp]

Glad I got to call this idiot out.

Op is the guy who blames everything of being a scam so that when he's actually right, he gets a sense of accomplishment.

You speak as if I simply say my personal opinion rather than showing objective facts.

+1
+1
+1


 

Encouraging that behavior? Wow...

[SoftballSuperstar]

Objective facts are all of these sites have never had an issue paying out.

You are just pissed cause mommy touched you then stopped.

[Darktongue]

Glad I got to call this idiot out.

Op is the guy who blames everything of being a scam so that when he's actually right, he gets a sense of accomplishment.

You speak as if I simply say my personal opinion rather than showing objective facts.

+1
+1
+1


 

Encouraging that behavior? Wow...

Point proven.   When the tide shifts assholes like you tend to hit the fetal position on the ground.  Grab a binky bitch boy. Your not going to get famous with your populated list of opinions that have no valid points or resources. 

[Tomatocage]

Wait, there's a good kind of ex-con?

[tmbp]

Wait, there's a good kind of ex-con?

The weed smoker that got his pet slaughtered by a violent group of gang members armed to the teeth storming into his home.
The guy that stole 100$ and later gave it back because it's not the way his mother raised him.
There are many brilliant honest people behind bars.

[Darktongue]

Let's retort ahead of time for whatever bullshit statement you decide to pull out of you crusted asshole next.

How easy would it have been to throw your little list up in off topic. Asking the user base as a whole for opinions on these websites.  Further why bfl?  Don't you think after 11 months people are already with a non droneish opinion reguarding them?  All you have to do is search bfl scam as a keyword search to find countless stains like yourself who have pretty much trolled the exact cum girggled jargon you have.  

You are an idiot.  I'm sure your the a typical generally retarded sum of the incest pool who doesn't read discriptions, instructions or for that matter anything helpful then piss moans later because something didn't work out for you.  Please fucking kill yourself

[dooglus]

Here I will present the current list of ongoing scams in order to protect the community, it has been stripped of all non essentials

Your list is a joke, full of guesswork.  Do you consider evidence a "non essential", because you appear to have stripped any evidence from your allegations.

Satoshidice - sometimes bets are delayed by 24 hours giving the house the window to bruteforce a hash that will be the most beneficial, the house or anyone else that receives access to the secret list ahead of time can submit selective bets and get a significantly lower house edge.

It takes billions of years to brute force sha256.  A 24 hour delay isn't going to help them.  They published all their hashes far in advance, and so have lots of time to bruteforce collisions.

As for them being able to bet against themselves, any casino can do that.

Strike Sapphire - Bad attempt at hedging against USD, they make a profit on their own rates.

They hold customer balances in US dollars.  That's entirely up to them.  Last I saw they were using the current BitStamp price to do the conversions.  If you want to complain about them I'd pick on the lack of provable fairness and the rudeness of the owner.

Casinobit - Bets are delayed occasionally, some bets have invalid TXIDs

They delay bets over a certain threshold to wait for confirmations.  This is pretty standard behaviour, although it would be better if they made this practice clear on their site.

Bit777 - Misleading, calling themselves "industry leading" , not provably fair whatsoever, lack of verifiables of the actual bets processed, can potentially over-inflate their own statistics, a PHP Microsoft IIS/7.5 bot decides whether you win or lose. Encourages disgusting people to post sexually explicit posts that aim to lower the social status or attempt to make other members feel ashamed.

Pics or it didn't happen.

Lack of provable fairness is a worry, but they say they're working on adding it.  Any casino can pretend to be busier than they really are, even satoshidice which is completely 'transparent'.  They just need to bet against themselves to do so, so this "lack of verifiables" isn't an issue.  So long as they deal fair games and pay out when you win what do you care how busy they are?

PrimeDice - Popped up a week ago, claiming to have totaled 11,081 BTC in wagers as of 26-May-2013, domain wasn't even indexed as of a couple days ago. NO verifiables of ANY bets whatsoever. I am going to assume that a fraction of the bets is actually real and others are fakes. Backed up by co-scammers like forum member Zaih that doesn't admit to be associated directly. The 28 page thread is mostly spam between 4 members associated with the scam.

They've paid me out several times already.  Seems legit to me.

BitcoinVideoCasino - Fake statistical data as well.

Got evidence?  It's a well designed responsive site.  It's fun to play at, and has a low house edge.  I'm not surprised it attracts a lot of business.

[tmbp]

Your list is a joke, full of guesswork.  Do you consider evidence a "non essential", because you appear to have stripped any evidence from your allegations.

Anything which isn't evidence by itself (e.g. no need to provide evidence that the website doesn't offer provable fairness) can be easily reachable via google in about 3 seconds.

It takes billions of years to brute force sha256.  A 24 hour delay isn't going to help them.  They published all their hashes far in advance, and so have lots of time to bruteforce collisions.

As for them being able to bet against themselves, any casino can do that.

Of course with the level of transparency of S. Dice they would at the very least need to have access to the amount of coins they are trying to fake.

From what I understand the secret list is merely a collection of hashes of a random strings isn't it?

They hold customer balances in US dollars.  That's entirely up to them.  Last I saw they were using the current BitStamp price to do the conversions.  If you want to complain about them I'd pick on the lack of provable fairness and the rudeness of the owner.

They delay bets over a certain threshold to wait for confirmations.  This is pretty standard behaviour, although it would be better if they made this practice clear on their site.

Researched and added.

Pics or it didn't happen.

Lack of provable fairness is a worry, but they say they're working on adding it.  Any casino can pretend to be busier than they really are, even satoshidice which is completely 'transparent'.  They just need to bet against themselves to do so, so this "lack of verifiables" isn't an issue.  So long as they deal fair games and pay out when you win what do you care how busy they are?

If bit777 denies the fact that it happened I can post a pic or get an admin that removed the posts to verify.

I do care because it is an indicator of how much can you trust them, would you have seriously not be mad if I have set up a casino and claimed to have received tens of thousands of BTC in wagers and thousands of bets and you bet in it, after that you would find out that you were the first person to bet and we were really in beta so you could have potentially lost the coins?

They've paid me out several times already.  Seems legit to me.

"That pyramid scheme has already paid out to me multiple times, seems legit to me!"

Got evidence?  It's a well designed responsive site.  It's fun to play at, and has a low house edge.  I'm not surprised it attracts a lot of business.

Evidence for what? I am not the one that needs to show evidence that their statistical data is invalid, they claim it is valid thus they need to show the evidence to prove it isn't, but as usual, they won't, because it isn't.

[franky1]

The problem isn't with them selling stamps or being a postal service, the problem is that they misrepresent themselves as a jewel dealer in order to appeal to people who are exclusively interested in jewels (Bitcoins).

facepalm + slap across the face with a wet fish..

see this is YOUR misunderstanding. ripples are not dealing out jewels.. xrp is not a jewel or a currency. xrp is simply a stamped address envelope they offer for people to use to do transactions. but its people like you that wish to think that XRP is an item of value to be hoarded and traded for its own asset value.

yes i know there are stamp collectors that like to collect stamps. but that is not the purpose of a stamp. so stop treating xrp as a high priced item and then cry when you don't get much money for it.

ripple made billions of them because they only value xrp as pennies, purely to cover their costs. the same as the postal service printing billions of stamps and selling them for pennies purely to cover their costs.

once you realise its not a currency, alone. but more of a method for the company to get paid for offering the peer-to-peer exchange service you will all stop trying to sell xrp for bitcoin. and start holding onto your 1000 xrp and using them to exchange bitcoin into fiat, fiat into bitcoin where the xrp slowly decreases by decimal amounts as they get USED.

much like i have a drawer with a handfull of stamps that i hold so when i post a cheque i can peel a stamp off the pack and put it on an envelope.

ripple dont have bitcoins to offer customer. ripple allow bitstamp to list their address so that bitstamp is the place to deliver fiat to to get bitcoin in exchange. much like i can send a cheque to a business and get a product in return.

i will say it one last time because you seem to not realise the truth. ripple are not a pawn shop, a bitcoin trader they ar a postal service of IOU's between individuals and other businesses. ripple don't owe you anything. because they dont give out bitcoin or fiat. they just handle the cheques and deliver them to the named people involved.

so rely on what the desciption says on ripple.com. not the inept misuderstandings that individuals tell you that then get edited onto wiki. quoting wiki as a valued source of information is  a failure because its been wrote by individuals.

much like the value of quoting youtube videos as 100% truth purely because something is said does not make it the truth. do your research!
i dont hold stamps to try making money out of, i hold stamps to send cheques/letters in the mail.
that is the true purpose of ripple. a postal service for finance. not a pawn shop for jewels

[🏰 TradeFortress 🏰]

The problem isn't with them selling stamps or being a postal service, the problem is that they misrepresent themselves as a jewel dealer in order to appeal to people who are exclusively interested in jewels (Bitcoins).

facepalm + slap across the face with a wet fish..

see this is YOUR misunderstanding. ripples are not dealing out jewels.. xrp is not a jewel or a currency. xrp is simply a stamped address envelope they offer for people to use to do transactions. but its people like you that wish to think that XRP is an item of value to be hoarded and traded for its own asset value.

yes i know there are stamp collectors that like to collect stamps. but that is not the purpose of a stamp. so stop treating xrp as a high priced item and then cry when you don't get much money for it.

ripple made billions of them because they only value xrp as pennies, purely to cover their costs. the same as the postal service printing billions of stamps and selling them for pennies purely to cover their costs.

once you realise its not a currency, alone. but more of a method for the company to get paid for offering the peer-to-peer exchange service you will all stop trying to sell xrp for bitcoin. and start holding onto your 1000 xrp and using them to exchange bitcoin into fiat, fiat into bitcoin where the xrp slowly decreases by decimal amounts as they get USED.

much like i have a drawer with a handfull of stamps that i hold so when i post a cheque i can peel a stamp off the pack and put it on an envelope.

i dont hold stamps to try making money out of, i hold stamps to send cheques/letters in the mail.
that is the true purpose of ripple. a postal service for finance. not a pawn shop for jewels

XRP **is** a currency.

By your definition, bitcoins are just stamps too, they are used to reward miners as well as pay transaction fees so you can embed signatures and scripts in the blockchain, a p2p filesharing network. Bitcoins aren't a currency!

[franky1]

The problem isn't with them selling stamps or being a postal service, the problem is that they misrepresent themselves as a jewel dealer in order to appeal to people who are exclusively interested in jewels (Bitcoins).

facepalm + slap across the face with a wet fish..

see this is YOUR misunderstanding. ripples are not dealing out jewels.. xrp is not a jewel or a currency. xrp is simply a stamped address envelope they offer for people to use to do transactions. but its people like you that wish to think that XRP is an item of value to be hoarded and traded for its own asset value.

yes i know there are stamp collectors that like to collect stamps. but that is not the purpose of a stamp. so stop treating xrp as a high priced item and then cry when you don't get much money for it.

ripple made billions of them because they only value xrp as pennies, purely to cover their costs. the same as the postal service printing billions of stamps and selling them for pennies purely to cover their costs.

once you realise its not a currency, alone. but more of a method for the company to get paid for offering the peer-to-peer exchange service you will all stop trying to sell xrp for bitcoin. and start holding onto your 1000 xrp and using them to exchange bitcoin into fiat, fiat into bitcoin where the xrp slowly decreases by decimal amounts as they get USED.

much like i have a drawer with a handfull of stamps that i hold so when i post a cheque i can peel a stamp off the pack and put it on an envelope.

i dont hold stamps to try making money out of, i hold stamps to send cheques/letters in the mail.
that is the true purpose of ripple. a postal service for finance. not a pawn shop for jewels

XRP **is** a currency.

By your definition, bitcoins are just stamps too, they are used to reward miners as well as pay transaction fees so you can embed signatures and scripts in the blockchain, a p2p filesharing network. Bitcoins aren't a currency!

bitcoins are in a different ballgame to xrp.. but this is the problem people think xrp are the exact same thing. once you realise to treat xrp differently, to treat xrp as just the "transaction fee" and not a jewel you will see.

bitcoins have value of a jewel because of the miners doing hard work to earn them.. xrp is not a mining coin..there is no proof of work, so its not a gold or a jewel. so should not be used as a item of value to be traded alone. just used as a tool to ensure secure transport of other currencies.

[🏰 TradeFortress 🏰]

XRP is not needed to transfer anything, it is a completely arbitrary currency introduced by OpenCoin Inc for two reasons:

1) A currency that requires less (but still requires trust due to ripple.txt) trust to transfer
2) So OpenCoin Inc can get rich off people who think it is open source

Ripple can work without any single XRP. Ripple has, for years, worked without XRP 100% fine. Only after OpenCoin Inc bought it out was XRP introduced. It is directly competing with Bitcoin, which is not a bad thing alone, but XRP/Ripple is not a fair, open source or decentralized currency.

[franky1]

XRP is not needed to transfer anything, it is a completely arbitrary currency introduced by OpenCoin Inc for two reasons:

1) A currency that requires less (but still requires trust due to ripple.txt) trust to transfer
2) So OpenCoin Inc can get rich off people who think it is open source

Ripple can work without any single XRP. Ripple has, for years, worked without XRP 100% fine. Only after OpenCoin Inc bought it out was XRP introduced. It is directly competing with Bitcoin, which is not a bad thing alone, but XRP/Ripple is not a fair, open source or decentralized currency.

much like the postal service of great britain use to work for decades without stamps. where the queen and kings paid the 'postmen' food and horses to be able to transport mail between districts. but then the stamp was invented to allow individuals to use the service.

much like ripple. for years used by kings and queens (the big timer exchanges) and now using xrp for individuals.

starting to see why the stamp analogy works soo well..
opencoin do need t make money, that is true. they are a business after all. not a charity. but xrp are not gold or silver. they are simply a method of showing a costbase per transaction (decimal of an xrp per transaction) which when people buy xrp are paying for the ability to sending the transaction.

XRP are not intended to be analogised as a jewel or gold. but as a receipt/stamp as a payment of service.

please get out of the cave and read the purpose of ripple from ripple. not the chinese whispered twisted words of the youtube sofa anarchists and wiki editors.

i bet 98% of people that say ripple is a scam have never even used ripple to move bitcoin from their wallet to convert into fiat with bitstamp.
instead they just hang around these forums buying xrp off of other people and trying to sell it on to other people believing that XRP holds a value over and above that of a postage stamp.

[iANDROID]

Breaking News: MtGox.com is a scam, they take your money and buy bitcoins for you.

[🏰 TradeFortress 🏰]

much like the postal service of great britain use to work for decades without stamps. where the queen and kings paid the 'postmen' food and horses to be able to transport mail between districts. but then the stamp was invented to allow individuals to use the service.

much like ripple. for years used by kings and queens (the big timer exchanges) and now using xrp for individuals.

starting to see why the stamp analogy works soo well..
opencoin do need t make money, that is true. they are a business after all. not a charity. but xrp are not gold or silver. they are simply a method of showing a costbase per transaction (decimal of an xrp per transaction) which when people buy xrp are paying for the ability to sending the transaction.

XRP are not intended to be analogised as a jewel or gold. but as a receipt/stamp as a payment of service.

please get out of the cave and read the purpose of ripple from ripple. not the chinese whispered twisted words of the youtube sofa anarchists and wiki editors.

i bet 98% of people that say ripple is a scam have never even used ripple to move bitcoin from their wallet to convert into fiat with bitstamp.
instead they just hang around these forums buying xrp off of other people and trying to sell it on to other people believing that XRP holds a value over and above that of a postage stamp.

I usually refrain from making personal attacks, but how retarded are you?

The "classic" Ripple has existed for many years. Anyone could use it. It did not require XRP. XRP was invented because they need a way to rip off Bitcoiners.

If you call XRPs stamps, then Bitcoins are stamps too.

OpenCoin Inc does need to make money, but a for-profit currency (such as the Federal Reserve Dollar or XRP) is something I do not support. I support open source, and non-profit currency. That doesn't mean you can't build something for-profit on top of a nonprofit currency.

[Zaih]

I have made $200+ USD in BTC from PrimeDice.com, I don't see anything wrong  

EDIT: But then again, I made money from someones losses. It's not like Primedice is scam, someone loses while you win.

I think he's implying its a scam due to the fact it has decent popularity & claiming that everyone who bets is fake..

I think he's going insane. The sorta insane where people think everyone's against them, working for the government, spies etc. etc.

[ssaCEO]

I'm the owner of StrikeSapphire.

First of all, we denominate our accounts in USD because our software is built to handle multiple deposit methods. We don't hedge one currency against the other or take any trading positions with customer deposits. Once a customer's deposit is in, we convert it to USD and store it as USD -- the same amount you see in your account. What you see is what you get. When we opened in July 2011, BTC dropped from $30 to $2 in the span of a month, but we took no losses, and all of the players with USD in our system were completely unaffected by that.
It's been my belief from the beginning that BTC is, for now, better treated as a payment method than a store of value for us, because we already gamble once with very low- or no-house-edge games. We don't need to gamble with currency volatility on top of that.

We do not make a profit on our BTC<>USD rate. Our deposits and withdrawals are handled at the live rates from Bitstamp.

We have never failed to pay out quickly, and we maintain at least 5x the total customer deposits on hand in USD for immediate withdrawal. We do not have a client-side hashing algorithm built into our site, because most of our games are multiplayer. However every single shoe of cards we've ever dealt is available for public analysis, as well as our daily RTP figures for every game, at https://strikesapphire.com/reports . If you believe there is something unfair about our RNG, you are free to run a statistical analysis on it. If you've played at our site, then any cards you've been dealt can be found in there if you know the hand ID numbers.

I don't know if you're one of our players. If you are, I hope neither myself, FragileJD or Mike has been rude to you. If someone has, please let us know. We do our best to provide quick, excellent service. I know that I have had a reputation for being a hardass from time to time -- particularly in the case of Dooglus. And I have to say I really appreciate Doog for taking the high road here, since I know he doesn't care for me much personally. That does not make us a scam.

We've been in business for almost 2 full years, longer than any other Bitcoin casino currently standing, and have never once failed our customers or had a dispute which resulted in players not getting paid out. I think our record speaks for itself, and I'd appreciate being removed from this list.