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jjc326
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September 19, 2014, 04:14:37 PM |
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I don't get why scum were advertising for them too, knowing it had to have been a scam.
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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DannyHamilton
Legendary
 Offline
Activity: 3374
Merit: 4606
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September 19, 2014, 04:38:22 PM |
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I don't get why scum were advertising for them too
- snip -
The same reason that people advertise gambling websites that acquire money from those who don't understand the mathematics of negative expectation:
Greed. For many people, putting money into an obvious ponzi is a form of gambling. They are "betting" that they will be one of the lucky ones that can get their profits out before the ponzi collapses. Meanwhile there are others that fail to understand the mathematics and take risks beyond their personal risk threshold without realizing it. Sounds a bit like "dice" sites, doesn't it? Many people "bet" that they will be one of the lucky ones that wins at the dice site. Meanwhile there are others that fail to understand the mathematics and take risks beyond their personal threshold without realizing it. |
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mellzinha
Newbie
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Activity: 44
Merit: 0
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September 19, 2014, 04:44:24 PM |
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"Returns of up to 130% in just 24 hours." Of course it was a Ponzi scheme. What did you think was going to happen?
The thing is: some people are so greedy that they just cannot think clearly... The scammers explore this awful reality, and the victims are exactly those uncontrolled greedy ones. Those on the signature campaign were not in the wrong: no one could ever imagine that there are still such stupid people to invest in ponzi... |
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juju
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September 19, 2014, 04:51:07 PM |
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I don't get why scum were advertising for them too, knowing it had to have been a scam.
Honestly... your advertising a gambling website Primedice, albeit this is reputable currently, who knows maybe one day it will be come a "scam" because the operator loses all the Bitcoin or something else happens to shut down the site. (Lets hope not we need sites like Primedice) Then someone else will criticize you for advertising the Scam site in your signature. |
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pikabit
Member
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Activity: 70
Merit: 10
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September 19, 2014, 05:53:05 PM |
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Did they even pay the advertisers?
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raganius
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September 19, 2014, 06:00:14 PM |
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Did they even pay the advertisers?
As far as I know, the signature campaign payments were daily, BUT on the ponzi's website. Those advertisers who were smart enought to make daily withdrawals to their personal wallet were paid until the scammers runned away. Now, those who (for no matter what reason) left their payments accumulating at the ponzi's site surely have lost it. |
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serje
Legendary
Offline
Activity: 1232
Merit: 1002
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September 19, 2014, 06:06:22 PM |
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Did they even pay the advertisers?
As far as I know, the signature campaign payments were daily, BUT on the ponzi's website. Those advertisers who were smart enought to make daily withdrawals to their personal wallet were paid until the scammers runned away. Now, those who (for no matter what reason) left their payments accumulating at the ponzi's site surely have lost it. I confirm this ... i got 15$ and 10.5$ left there because i was afk for a few days ... so that 10.5 went bye bye |
Space for rent if its still trending
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Bit_Happy
Legendary
Offline
Activity: 2100
Merit: 1040
A Great Time to Start Something!
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September 19, 2014, 06:06:47 PM |
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This is not a tragedy, but a sour "comedy" which has run on for too many seasons with different actors in the lead roles.
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cdog
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September 19, 2014, 06:14:44 PM |
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This is comedy. Suckers trying to make a quick easy buck got hustled, cant say I have an ounce of sympathy.
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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September 20, 2014, 02:13:08 AM |
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I don't get why scum were advertising for them too
- snip -
The same reason that people advertise gambling websites that acquire money from those who don't understand the mathematics of negative expectation:
Greed. Haha. Called out. No shit, right? This sig campaign thing is a noxious epidemic. I've been rockin' my current sig for several weeks now. Chew it, shills. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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kingscrown
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September 20, 2014, 02:48:44 AM |
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i love people investing in ponzis heh
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raganius
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September 20, 2014, 03:00:03 AM |
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I don't get why scum were advertising for them too
- snip -
The same reason that people advertise gambling websites that acquire money from those who don't understand the mathematics of negative expectation:
Greed. Haha. Called out. No shit, right? This sig campaign thing is a noxious epidemic. I've been rockin' my current sig for several weeks now. Chew it, shills. I understand your point of view, and I even agree with your disposition to automatically deduct credibility points from users with rented sigs. The quality of the posts tend (in some cases) to drop significantly, because the person is only interested in QUANTITY posting, but sometimes lack QUALITY. So, the idea in deducting credibility points can be a way to stimulate more quality from this situation (or at least to be a filter to protect you from wasting your time). But, anyway, there are exceptons: I mean, users who rent their signature and work (hard) to keep quality... (Although I know I am not the best contributor to this forum, I try to keep some quality). This is not a tragedy, but a sour "comedy" which has run on for too many seasons with different actors in the lead roles.
I also agree with you: a sad comedy. |
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bornil267645
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September 20, 2014, 03:44:23 AM |
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No matter how much we try, it seems like new and new lacking opens up everyday  |
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Nagle
Legendary
Offline
Activity: 1204
Merit: 1000
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September 20, 2014, 05:27:50 AM |
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Since they're still on line, accepting money, something needs to be done. Start filling out this Securities and Exchange Commission complaint form now. Doesn't matter if they're not in the US, if you are and they sold to you. Select the "Ponzi scheme" option (the first option; the SEC gets these a lot). If you lost money, check the Yes box for "Are you having or have you had difficulty in getting access to your funds or securities?". Check the "Yes" box for "Is the alleged conduct ongoing?". Keep going; there are options to attach documents. The SEC brings the hammer down on Ponzi schemes all the time. Their most recent enforcement action for a Ponzi was on September 17th. Doesn't matter if it's in Bitcoins; the SEC won on that issue in court last year on another Bitcoin Ponzi. Doesn't matter that they have "private domain registration" and are being hosted by a "cloud service"; the SEC can find them. It's worth reporting this even if the parties are not in the US. Someday, they just might pass through US Customs, and they'll be in the database. |
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robhimself
Full Member
Offline
Activity: 154
Merit: 100
Calling out scams, one HYIP at a time...
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September 20, 2014, 07:48:25 AM |
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People argued with me in a thread in the gambling forum about the concept of trusting anything that is clearly a Ponzi scheme, even games that admit to being Ponzis. By definition, a Ponzi or a HYIP is a scam, and thinking otherwise is just ridiculous, greedy and short-sighted.
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Waramp22
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September 20, 2014, 10:21:01 AM
Last edit: September 20, 2014, 10:42:13 AM by Waramp22 |
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awesome31312 (OP)
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September 20, 2014, 12:19:39 PM |
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Since they're still on line, accepting money, something needs to be done. Start filling out this Securities and Exchange Commission complaint form now. Doesn't matter if they're not in the US, if you are and they sold to you. Select the "Ponzi scheme" option (the first option; the SEC gets these a lot). If you lost money, check the Yes box for "Are you having or have you had difficulty in getting access to your funds or securities?". Check the "Yes" box for "Is the alleged conduct ongoing?". Keep going; there are options to attach documents. The SEC brings the hammer down on Ponzi schemes all the time. Their most recent enforcement action for a Ponzi was on September 17th. Doesn't matter if it's in Bitcoins; the SEC won on that issue in court last year on another Bitcoin Ponzi. Doesn't matter that they have "private domain registration" and are being hosted by a "cloud service"; the SEC can find them. It's worth reporting this even if the parties are not in the US. Someday, they just might pass through US Customs, and they'll be in the database. Thank you very much for your valuable contribution |
Account recovered 08-12-2019
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claimore
Member
Offline
Activity: 70
Merit: 10
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September 20, 2014, 12:49:25 PM |
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Pople has to be responsable of their own wallets.. thats all.
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HeadsOrTails
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September 20, 2014, 12:55:42 PM |
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Want to know how to stop these scammers? Don't give your money to ponzis? Problem solved. They'd go away if nobody "invested" in them.
You sound more irritated with the victims of the scam than the scammer who made $28,000. Myself, I can't be pissed off moreso at the scammer. Yes, it's idiotic to invest without due diligence. But I know smart people can get caught up in this too. BCT has a good reputation - people assume the content herein is more legit much moreso than the other crypto forums. Non-reversible transactions are a new frontier; the blasé attitude will come back to bite us all (as NY knows). |
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HeadsOrTails
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September 20, 2014, 01:00:48 PM |
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Thank you very much for your valuable contribution
Another person OK with scammers making $30k in a dozen days, huh? Maybe a little compassion would defuse the SEC knee-jerk reactions? Because were it me, I'd be shattered. And the last thing I'd want is condescending retorts. To those who lost out, I feel for you. I hope a lesson was learned and if you feel you need to contact the SEC after cooling off, then do so. No one else gives a shit about these scammers raping new investor blood. Karma's a bitch. These scammers will learn how karma works in time. |
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