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Author Topic: Bitcoin Latina (bitcoinlatina.org) SCAM Refusing to Honor Mined Coins  (Read 49 times)
Asmkdran
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May 31, 2018, 11:15:34 PM
 #1

What happened: Mined Bitcoin Latina on their original Ethereum chain. Now they are moving to EOS at a future date and won't accept any tokens from the original mining, claiming they are unable to verify them. (However, blockchain snapshots would be trivial to implement for verification of private key ownership and is standard operating procedure for any chain migration).
Scammers Profile Link: https://www.linkedin.com/in/johngotts and https://t.me/johngotts
Reference Link: https://bitcoinlatina.org/
Amount Scammed: Over 2,000 Bitcoin Latina. Stated on their website, "BitcoinLatina represents eight hours of labor by volunteers at no less than $1.11/hour or $8.88.", so by that value: $142,000 USD.
Payment Method: Mining; mined on original ETH-based chain "Clavis", prior to EOS announcement or any shutdown of mining) by Bitcoin Latina.
Proof of Payment: Available on original ETH-based chain snapshot,  prior to EOS announcement or any shutdown of mining by Bitcoin Latina.
PM/Chat Logs: March 28th, 2018: johngotts:"We will have a message on the fourth but as long as the coins were mine prior to our shutting down mining they are safe."
May 28th, 2018: johngotts: "The fact you did't move them from Clavis is a bummer but we have no way to know if they are real as we no longer control the blockchain and have not for months.  I think they are now lost."
Additional Notes: A blockchain snapshot is standard procedure to verify ownership of coins. Had Bitcoin Latina meant to honor originally mined chains this would have been done. A claim "they are lost" exhibits bad faith and an ongoing fraud.
They are selling coins directly on their website now for Bitcoin: https://bitcoinlatina.org/buy/
Be careful out there!
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Slow death
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June 01, 2018, 11:30:20 AM
 #2

how the hell does any member of DT/2 leave negative feedback here:


⚡ [ANN] [BCL] BitcoinLatina | For Latin America | First EOS-based blockchain ⚡


did you read this:

they dont have proper information about total supply of coins.,.,..

some times they says 1 billion coins...some times 10 million....

out of 1 billion coins... 50 percent going to be AIRDROPS.... lol

dont mine this ... dont invest into this.,...

total SCAM

100 percent SCAM....

haha really funny admins

if you ask any technical question.... and the next minute you will be banned....

i had issues with clavis wallet...so i asked their admin @ileana for help.....

she dont have knowledge  whether .exe file works on windows or MAC ..she told because of hardware issues clavis wallet not syncing .. i asked her how to back up keystore files .... the next minute she banned me.... lol

there is another admin named ADAM... i asked him about clavis issue... he told me to restart my computer ...

all admins are idiots.,... boot licking ceo JOHN for free coins.....

100 percent scam scam scam....

dont mine this coin.....you will regret later.... be aware of it.... they  banned hundrers  of  people who asked any question related  their project or about total supply of coins .....

I am banned by them, It's really worse team
quit them be safety


haha really funny admins

if you ask any technical question.... and the next minute you will be banned....

i had issues with clavis wallet...so i asked their admin @ileana for help.....

she dont have knowledge  whether .exe file works on windows or MAC ..she told because of hardware issues clavis wallet not syncing .. i asked her how to back up keystore files .... the next minute she banned me.... lol

there is another admin named ADAM... i asked him about clavis issue... he told me to restart my computer ...

all admins are idiots.,... boot licking ceo JOHN for free coins.....

100 percent scam scam scam....

dont mine this coin.....you will regret later.... be aware of it.... they  banned hundrers  of  people who asked any question related  their project or about total supply of coins .....

I was banned too few days ago, just by pointing admins on fact, that BCL-team 3 or 4 times in a row
change a date of the swap (mined coins to BitShares coins) and not keep their promises, which is totally
not appropriate for public company.

But Adam - one of the admins of telegram channel - say, it s called not the “breaking promises”, but "changes".
And if i m continue this conversation, i will be banned.

It s all the same as they close Discord channel - anyone who was disagree with something or have any concerns
against admins actions or what BCL-team is doing - was banned.

As a BCL-holder, i was very surprised, that company can threat own coin-holders like this and
think it s very unprofessional and extremely poor business ethic.

I m very disappointed in BCL, because i mined it one of the first and things looked promising and profit
was very nice, but today i m more and more don t like the way, where BCL is going.

____________


Here is screenshots of my conversation in the BCL official telegram channel:

Part 1:
https://hostingkartinok.com/show-image.php?id=47c2fa2bc8d177630e62662d76794784

Part 2:
https://hostingkartinok.com/show-image.php?id=db35a969f5e54acff794cea23fa5d96e

Part 3:
https://hostingkartinok.com/show-image.php?id=6b1d5e2222d3c7cdb81cb743c39695bb

This coin is maybe the worst thing I've seen outside of outright ponzi scams like bitconnect.  Ask yourself the following questions and see if you can come up with a good answer:

What is the point of the current mineable blockchain?

It isn't there to be used.  No one transacts business on the BCL chain.  It is intended to be ended in June.  So with all of that said, what exactly is the point? 

Why did the Bitcoin Latina Foundation have all of its assets drained and transferred to John Gotts personal account?

This is maybe the most important point.  When the original BCL was sold to investors for 70 BTS per, the proceeds went to an account for Bitcoin Latina Trust.  At some point all of the BTS and BCL that was in that account was transferred to John Gotts personal account.  Which he then used to cash out via Blocktrades and Binance as well as to buy the BCL in a desperate attempt to push the price up.  He bought it all the way up to 20 BTS.  The market has since dropped back to 3 BTS.  He claims this represents his personal funds, but there is no explanation as to why the Trust would just send all those funds to John. 

Why did BCL distribute 200 million tokens to their staff already?

Even at current prices that is almost $100 mill USD for 3 months of work.  3 months that has produced no useable technology and no visible latin american community.

Why are all the political "advisors" in the announcement message anti-immigrant build-a-wall republicans?

I mean... seriously?  You think the people of latin america are going to rally around a bunch of people that want to kick their relatives out of the U.S.Huh  These are the people John Gotts has worked for and supported in the past.  I doubt his views differ from theirs much at all.

Why is John Gotts giving 2 million BCL to Jared Rice from Arisebank?

Arise bank was shutdown by the SEC.  BCL claims to want to be the "first" (they're not) SEC compliant crypto. Does anyone believe that the SEC is going to support a coin that is literally funding the defense of someone they are prosecuting?

Where is the transparency?

John Gotts promised that the issuance of the 1 billion tokens they control would be completely transparent.  He said there would be a spreadsheet detailing who got what and what work they did for those coins.  As he tries to sell people coins for $17 a piece and people send him 100's of thousands of dollars.  He is giving away 100's of thousands of BCL to people like his cousin, Jared Rice and Crypto Connie for minimal to no effort at all.

Why have some large early investors gotten 5x bonuses on their coins while small early investors have gotten nothing?

Some of the biggest investors at 70 BTS have received up to 5x their holds as a bonus from Gotts.  He has done this secretly (though the blockchain knows all), and has not offered to do this for the many small investors who have been just as damaged by the price falling through the floor from the initial 70 BTS price to 3 BTS

This is really just the tip of the iceberg.  There is so much more that is wrong with this coin and I encourage anyone that is thinking of investing to do a ton of research before putting any of their hard earned money into it.

Or better yet, do yourself a favor and just stay far far away from this one.



1. wallet full of bug

2. discord close.

3. kick miner from telegram and said miner is short term hodler.

4.if  asked for technical issue and admin cant answer the question, u will get banned and your msge in telegram will be erase..i do believe many people come and asked for wallet and transaction issue...and mostly they come and never comeback...


last time i saw david said he will put everything he has...he has 3ghs power on it....but now? i didnt see any 3ghs in minerpool? is david also will dump his coin soon??he has 30k coins now...

http://bcl.minerpool.net/#/miners

check this.....

The project seems to me shady





angel55
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June 01, 2018, 01:13:01 PM
 #3

You went wrong when you decided it was a good idea to get involved with something called bitcoin latina.

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