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Author Topic: Sheep Marketplace (Black market) turned out to be a scam  (Read 4667 times)
Talbot49
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November 29, 2013, 10:59:29 PM
Last edit: November 30, 2013, 12:23:55 AM by Talbot49
 #1

http://www.reddit.com/r/SheepMarketplace/

What you think could be the effect on bitcoin? This is the link where they are transferring all the funds: https://blockchain.info/address/1EiVHZnDVjFH6Tic1YmWUSfYmVUnUZdnMU

So those guys have like for 45millions of bitcoins, if they decide to cash it out soon, im guessing it could cause a pretty big drop in the price right?
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November 29, 2013, 11:07:16 PM
 #2

Nice. Bitcoin took scamming to the next level.

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November 30, 2013, 12:03:17 AM
 #3

The only person more easy to scam than a Bitcoiner is a Bitcoiner on drugs.
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November 30, 2013, 12:08:06 AM
 #4

The only person more easy to scam than a Bitcoiner is a Drug-Addict.

Vendors got scammed, not the buyers.

Oh well, lesson learned again and again and again.

http://www.youtube.com/watch?v=NXCaHq-F0m4

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November 30, 2013, 12:20:20 AM
 #5

Oh well, my edit didn't get through before the first reply. Grin

The moral of the story is, with Bitcoin you can get scammed any time, anywhere, and nothing seems safe.
I don't know about a crash, but I am certain that as long this keeps happening the general public won't take Bitcoin seriously. And I can't see any indication that it might stop.
It's just too easy to do it, that's why. And for everybody except hardline libertarians the no-chargeback policy is moronic. It's technically doable to enable chargebacks just the political attitude gets in the way.
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November 30, 2013, 12:22:57 AM
 #6

Oh well, my edit didn't get through before the first reply. Grin

The moral of the story is, with Bitcoin you can get scammed any time, anywhere, and nothing seems safe.
I don't know about a crash, but I am certain that as long this keeps happening the general public won't take Bitcoin seriously. And I can't see any indication that it might stop.
It's just too easy to do it, that's why. And for everybody except hardline libertarians the no-chargeback policy is moronic.

So because some drug dealers got scammed, the mass public won't embrace bitcoin? You are an endless supply of gems.
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November 30, 2013, 12:24:52 AM
 #7

It's not just drug dealers. Most scams weren't even black-market related.
lucas.sev
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November 30, 2013, 01:41:28 AM
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Wow, hopefully they didn't make the same mistake as DPR and moved to some lovely indian ocean country beforehand.
Talbot49
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November 30, 2013, 02:37:09 AM
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Wow, hopefully they didn't make the same mistake as DPR and moved to some lovely indian ocean country beforehand.

The difference between those and DPR though is that DPR made his money with commissions on transactions during years in a “honest“ way. Those guys are just suckers who ran a site during like 6 months and than run away with all the vendors and buyers funds.
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November 30, 2013, 03:26:08 AM
 #10

Hah everybody knew that SheepMarketplace had something strange, but most people (including my self) thought it was the FBI, not a scammer

man, I don't touch those bloody bitcoins  Cheesy

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November 30, 2013, 06:12:19 AM
 #11

Yeah, "it's too easy to post porn on the internet so the general public would never take internet seriously" right?

Btw, from the subreddit it appears the site is just having temporary difficulties, not running away (yet?).

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November 30, 2013, 06:16:51 AM
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ITT we equate scamming with pr0n.
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November 30, 2013, 06:21:13 AM
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No we don't, we are saying that every technology that changes the way people live attracts low life but that does not invalidate it in any way. There are ways to deal with scammers, and that is trust ratings. I have used various bitcoin services for several years and not once been scammed out of coins so far. It is pretty simple, actually.

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November 30, 2013, 06:21:42 AM
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Honeypot. Enough evidence gathered for years of police work.
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November 30, 2013, 06:33:34 AM
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No we don't, we are saying that every technology that changes the way people live attracts low life but that does not invalidate it in any way. There are ways to deal with scammers, and that is trust ratings. I have used various bitcoin services for several years and not once been scammed out of coins so far. It is pretty simple, actually.
I agree I just think it was a bad analogy ;x
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November 30, 2013, 07:07:10 AM
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I've never heard of it before, but who would trust a place called the SHEEP marketplace, they clearly only cater to sheeple. Thats almost as dumb as trusting a guy called pirate.

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November 30, 2013, 07:17:27 AM
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I've never heard of it before, but who would trust a place called the SHEEP marketplace, they clearly only cater to sheeple. Thats almost as dumb as trusting a guy called pirate.

Hey prirate's a good guy, leave him out of this.
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November 30, 2013, 07:23:41 AM
 #18

I've never heard of it before, but who would trust a place called the SHEEP marketplace, they clearly only cater to sheeple. Thats almost as dumb as trusting a guy called pirate.

Hey prirate's a good guy, leave him out of this.

Fuck Trendon Shavers.  Wife beating scum.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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November 30, 2013, 08:19:36 AM
 #19

for everybody except hardline libertarians the no-chargeback policy is moronic. It's technically doable to enable chargebacks just the political attitude gets in the way.

Dude you're so long here and know so much about bitcoin history that I can't take you seriously when you advocate introducing chargebacks in bitcoin.

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theonewhowaskazu
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November 30, 2013, 08:23:03 AM
 #20

I've never heard of it before, but who would trust a place called the SHEEP marketplace, they clearly only cater to sheeple. Thats almost as dumb as trusting a guy called pirate.

Hey prirate's a good guy, leave him out of this.

No I'm talking about the other pirate, the older pirate, the one who was actually a pirate.

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