btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds

[big_coins]

i have lost with this program, he are not serious

now i use oilrig it's serious and connication is very good https://oilrigcontractors.com/index.php?ref=jean92

Oilrigcontractors is clearly another Ponzi.   However it is interesting that you say the communication is good, that was never the case with btc-arbs. 

Reported to UK police as Ponzi is illegal. Any other UK based people feel free to make an online report as well via http://www.actionfraud.police.uk/ more reports they get the quicker the operators will get locked up.

[1714290703]

1714290703

[dyask]

i have lost with this program, he are not serious

now i use oilrig it's serious and connication is very good https://oilrigcontractors.com/index.php?ref=jean92

Oilrigcontractors is clearly another Ponzi.   However it is interesting that you say the communication is good, that was never the case with btc-arbs. 

Reported to UK police as Ponzi is illegal. Any other UK based people feel free to make an online report as well via http://www.actionfraud.police.uk/ more reports they get the quicker the operators will get locked up.

Sure I'll do that as soon as I get my BTC out.   Probably most feel that way and that is why the transfers are so tiny.

[bigtimespaghetti]

i have lost with this program, he are not serious

now i use oilrig it's serious and connication is very good https://oilrigcontractors.com/index.php?ref=jean92

Oilrigcontractors is clearly another Ponzi.   However it is interesting that you say the communication is good, that was never the case with btc-arbs. 

Reported to UK police as Ponzi is illegal. Any other UK based people feel free to make an online report as well via http://www.actionfraud.police.uk/ more reports they get the quicker the operators will get locked up.

I'm not sure if you are familiar with HYIPS in general. Some basic research will show that the owners of these sites are pretty good at evasion. Check this article out for an interesting read:

https://www.facebook.com/notes/fb-hyip-review/hyip-admin-your-friendlol-a-journey-through-the-mind-of-an-admin/266158123436828

[dyask]

i have lost with this program, he are not serious

now i use oilrig it's serious and connication is very good https://oilrigcontractors.com/index.php?ref=jean92

Oilrigcontractors is clearly another Ponzi.   However it is interesting that you say the communication is good, that was never the case with btc-arbs. 

Reported to UK police as Ponzi is illegal. Any other UK based people feel free to make an online report as well via http://www.actionfraud.police.uk/ more reports they get the quicker the operators will get locked up.

I'm not sure if you are familiar with HYIPS in general. Some basic research will show that the owners of these sites are pretty good at evasion. Check this article out for an interesting read:

https://www.facebook.com/notes/fb-hyip-review/hyip-admin-your-friendlol-a-journey-through-the-mind-of-an-admin/266158123436828

yay and this bit is a gem ...

" including the commissions they got by sending YOU IDIOTS, to Invex. These people are really scumbags: They are making profit by making you lose!"

[fraMI]

Is anyone else having trouble logging into the bitarb site.  I log in, there is no password error. It just doesn't go anywhere. It comes back up with the log in screen.

[sorrynn]

if you want ear 1btc rapidly http://MyBitcoinJob.com/?id=jean92
no investissment needed just signup and referal good plan

Hi, just went there...you should get 0.01 in your account...

my referral link is: bit.ly/1hFY9qu

For anyone who is interested, please visit my referral link and pm or post here your referral link so I can access it as a return of your action.

Cheers

[lesnod11]

Is anyone else having trouble logging into the bitarb site.  I log in, there is no password error. It just doesn't go anywhere. It comes back up with the log in screen.

I was able to log in just fine.

[badjacks99]

Just curious, how long was this running before it kicked the bucket? A few weeks?

[vipgelsi]

Not long few months.

[sorrynn]

if you want ear 1btc rapidly http://MyBitcoinJob.com/?id=jean92
no investissment needed just signup and referal good plan

Hi, just went there...you should get 0.01 in your account...

my referral link is: bit.ly/1hFY9qu

For anyone who is interested, please visit my referral link and pm or post here your referral link so I can access it as a return of your action.

Cheers

Nice to quote myself...I was informed that mybitcoinjob is a scam, they don't pay.

for more details: https://bitcointalk.org/index.php?topic=605215.msg6675776#msg6675776

Cheers

[dyask]

So btc-arbs is transferring .1% of the legacy balance most days.  (The 9th was .2%, which was the day after the 1% posted gain.)   

[FreeJack2k2]

So btc-arbs is transferring .1% of the legacy balance most days.  (The 9th was .2%, which was the day after the 1% posted gain.)   

Yup. If they are still around in a year I may actually have been made whole.

[yonce]

Just curious, how long was this running before it kicked the bucket? A few weeks?

It was an epic fail paying for about 8 weeks. At the interest rates they were paying and with people depositing 50 flippin bitcoin each - nothing but a cash grab and run.

[dyask]

Just curious, how long was this running before it kicked the bucket? A few weeks?

Actually it was almost 12 weeks   

[sorrynn]

Still very curious how much time it will be up and running. Once with the "aquisition" all percentages were very low comparing with previous results (before April 20th). and at daily results page, the message is very short at the point...no other explanations as they were in past...

[actudoran]

so ... did u get your money back afterall ?

I got 50% - 50% on one account an still waiting on the other

[btclemming]

Is there anyone that has been paid more than the 2 btc that was reported earlier?

Nearly 4 btc are back... the only problem is that it is 4 out of 35 sent initially.

[FreeJack2k2]

Is there anyone that has been paid more than the 2 btc that was reported earlier?

Nearly 4 btc are back... the only problem is that it is 4 out of 35 sent initially.

I've got a total of around 2 Bitcoin back out of the 37-ish that I was owed. Right now I've got a little over 35 still in legacy. The past several days the payouts have been .1% of the legacy balance. At this rate, I could expect to be made whole after about 300 days or so.

The response to my latest complaint (basically stating that I'm not an idiot and that their claims that the site was hacked resulting in losses doesn't hold any water, since they don't run a web wallet and no coins are stored on the website):

"Ron James is doing his best."

Because you know...the CEO of a major venture capital firm and/or hedge fund (they can't seem to decide which one they are) is going to be the one who's on the ground, overseeing the return of funds. That's not something he'd delegate, or anything.

[actudoran]

did you try to offer a 50-50% split ?
or something alike ?

[tom14cat14]

did you try to offer a 50-50% split ?
or something alike ?

I have not seen them take a single one of those deals. I really think people need to stop sending them support messages. They only use canned responses so we are not going to learn anything new. And if they are trying to get money back we are wasting their time. All we can do is wait and see. And warn others about it.