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Author Topic: btc-arbs.com - Update: dead HYIP, Refund progress: BTC-arbs still doing refunds  (Read 276786 times)
dudel42
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October 04, 2014, 03:23:17 PM
 #3141

just received my first payment. it's a very small part of the total, but I'm really thankful to btc-arbs to providing some return for all the lost BTC!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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r3s
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October 05, 2014, 11:38:27 AM
 #3142

recieved .05 of the 2btc i am owed, thanks for something, gl in trading to return the rest.
JDS1000
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October 06, 2014, 09:44:24 PM
 #3143

More payments in 5 minutes. After these payments everyone who has sent a PM with valid information will have received their first refund payment. There are no PMs left in my inbox. The next payments will be to people who have already been paid their first refund payment.

I was skipped on the PM w/ Valid information payout....  Payout oversight or did you need more info?  Many thanks!  JDS1000
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October 08, 2014, 11:02:44 PM
 #3144

More payments in 5 minutes. After these payments everyone who has sent a PM with valid information will have received their first refund payment. There are no PMs left in my inbox. The next payments will be to people who have already been paid their first refund payment.

I was skipped on the PM w/ Valid information payout....  Payout oversight or did you need more info?  Many thanks!  JDS1000

   If it were me, I would send him another PM and explain that you were skipped, and include all of the info from your original PM.  I wouldn't count on him reading your post and going back and looking for your PM.   The easier you can make it for him the better chance you have of getting refunded.   

s1m0n
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October 08, 2014, 11:07:29 PM
 #3145

when will round 2 begin?
vipgelsi
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October 09, 2014, 03:47:47 AM
 #3146

Looks like bitcoin trader.biz is having some problems hopefully it is not also a scam like this was.
BTC-Arbs
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October 09, 2014, 04:51:58 AM
 #3147

More refund payments are being sent in 5 minutes. Most of these will be the second payment for those who have already received their first payment.

If I somehow missed you and you have not received your first refund payment then send a PM.
DavidA2
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October 09, 2014, 12:38:47 PM
 #3148

Payment amounts sure seem to be awful low. As others have noted (and BTC-Arbs confirmed), it can be hard to make much in arbitrage when the price is not moving. Well...for the last 3-4 weeks, prices have been moving a lot (more down than up - but that should not matter). Yet, payment amounts and frequency seem to get less and less.
worldlybedouin
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October 09, 2014, 03:15:25 PM
 #3149

Looks like bitcoin trader.biz is having some problems hopefully it is not also a scam like this was.

Hmm...by problems do you mean they too seem to be having a poor time making any BTC/LTC on the arbitrage?  Or do you mean something else odd is going on?

LTC:  LXrAe2E6cBsK52GvUsYraeXkc2s7Ti7R5X
BTC:  1FLTMqVjTZ5MTdCF4npNZGFMEUGyBV4zcj
FollowMe
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October 09, 2014, 09:33:26 PM
 #3150

Hm seem refunding still in da hood, does anyone updating google sheet?
FreeJack2k2
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October 09, 2014, 10:55:35 PM
 #3151

Payment amounts sure seem to be awful low. As others have noted (and BTC-Arbs confirmed), it can be hard to make much in arbitrage when the price is not moving. Well...for the last 3-4 weeks, prices have been moving a lot (more down than up - but that should not matter). Yet, payment amounts and frequency seem to get less and less.

Definitely. I just saw another .05 payment - the prior payment was also .05 and that was August 31st...five weeks ago. It's brutal.

However, I understand that there are a lot of mouths to feed here and he keeps paying people, even if it's slow. At this rate, he's going to be paying me well into my retirement. Wink
deathdefyer2002
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October 10, 2014, 01:47:47 AM
 #3152

Looking at the Google Sheet, there were a number of investors at the .05 and .10 mark.  With the first round done, that should lower the amount of people owed money.  This SHOULD mean 1 of 2 things.

1) We continue to receive the smaller .05 or .10 payments, but at an increasing frequency (Which speeds up with each round, as there should be less people owed)
2) We receive a larger payment this round, but it may take longer for an additional payment.

I'm all for #2, as I'd rather have as much as I can now.
PanicBot
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October 10, 2014, 09:08:36 AM
 #3153

I'm all for letting dude keep doing what he's doing without making a stinky poo poo over it. Lets make that option #3.
FreeJack2k2
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October 10, 2014, 06:28:17 PM
 #3154

I expect that as he gets through a lot of the very small balances, the pace of repayment will pick up a lot. It's a pretty long list, right now.
korniza
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October 11, 2014, 03:52:16 PM
 #3155

will be a second Pm for second refund?
chavysosavy
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October 11, 2014, 03:53:05 PM
 #3156

I was told in september i would recieve my 2nd payment soon. Its october....
brozinic
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October 13, 2014, 06:29:39 AM
 #3157

When will the second payback come?
clevernut
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October 13, 2014, 07:05:52 AM
 #3158

Btc-arbs was not a scam.  Grin

If it was, why then, would they repay all the "scammed" people?
bbtm64
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October 13, 2014, 07:45:28 AM
 #3159

PM sent on October 7th. No response.
PanicBot
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October 13, 2014, 11:12:27 AM
 #3160

PM sent on October 7th. No response.

It took months for me to get a response. Kick back and relax, man. Be stoked when you get a response, not butthurt when you don't.

This is gonna be a long ride, but at least it's happening.
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