Bitcoin Forum
May 06, 2024, 06:48:12 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1]
  Print  
Author Topic: Bitcoinflush/satouchipoker scam  (Read 682 times)
thy (OP)
Hero Member
*****
Offline Offline

Activity: 685
Merit: 500


View Profile
November 03, 2013, 11:27:16 PM
Last edit: November 04, 2013, 12:02:27 AM by thy
 #1

Bitcoinflush statement on the now locked last thread of there ipo at cryptostocks.
https://bitcointalk.org/index.php?topic=317632.20
"Shares have been bought back against a 0.001 share price giving investors 25% on their current investment. The funds can be withdrawn from the cryptostocks wallet."

Giving investors back 25% of there investments a few days ago is called stealing.

How did you get the 25% number by the way, first you sold shares for 0,0002 on cryptostocks, then later 0,0008, neither of those values makes a buyback at 0,0001 = 25% of the investment !
0,0001/0,0008 is 12.5% by the way in case you dident know that.


Why dident you pay out the dividend the 1 nov to those you got to invest in your scam ?
If you close the listing the 2 nov on cryptostock you are still obligated to payout the dividend that should have been payed out 1 nov accourding to the contract
14 days times 2.5-4 btc per day, should be 50% of 35+ btc then to the 9500? shares, so it should have been 9 times what they payed for the shares on the first dividend...lol

Edit
0,0010/0,0008, an additional 25 % over what people invested it should be.
So an additional 1,9 btc was paid for the shares but he dident payout the 17,5+ btc to the outstanding shares not in the issuers ownership in satoushipoker on cryptostocks giving them -15,6 btc on this buyback plus future dividends lost.


1714978092
Hero Member
*
Offline Offline

Posts: 1714978092

View Profile Personal Message (Offline)

Ignore
1714978092
Reply with quote  #2

1714978092
Report to moderator
1714978092
Hero Member
*
Offline Offline

Posts: 1714978092

View Profile Personal Message (Offline)

Ignore
1714978092
Reply with quote  #2

1714978092
Report to moderator
1714978092
Hero Member
*
Offline Offline

Posts: 1714978092

View Profile Personal Message (Offline)

Ignore
1714978092
Reply with quote  #2

1714978092
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714978092
Hero Member
*
Offline Offline

Posts: 1714978092

View Profile Personal Message (Offline)

Ignore
1714978092
Reply with quote  #2

1714978092
Report to moderator
Bitcycle
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
November 03, 2013, 11:36:33 PM
 #2

Latest IPO was at 0.0008, buyback is at 0.0010.  That's 0.0002, or 25%, higher than the IPO price.

Investors made 25% on top of their original investment, which is quite generous.

Whatever his other problems, he handled that issue well and treated the few investors he had nicely.
thy (OP)
Hero Member
*****
Offline Offline

Activity: 685
Merit: 500


View Profile
November 03, 2013, 11:54:11 PM
 #3

Latest IPO was at 0.0008, buyback is at 0.0010.  That's 0.0002, or 25%, higher than the IPO price.

Investors made 25% on top of their original investment, which is quite generous.

Whatever his other problems, he handled that issue well and treated the few investors he had nicely.
Oups sorry missed a zero there, cryptostocks non excisting info on trades in satouchipoker diden't make things clearer there thou. but even 25% on top of the price is 1,9 btc for around 9500 shares out, he was supposed to pay dividend the 1 nov and on cryptostocks shareholders is only allowed to pay to shares not held by the issuer so the shareholders is still missing those 17,5+btc so it was hardly generous, the investors is still missing 15,9+ btc from dividends.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!