Esoteric Investments, LLC (up to 1% earnings)

[Puppet]

Here is what happens if you are dumb enough to still believe the "because bitcoin" argument shields you from regulation:

http://www.dailymail.co.uk/wires/reuters/article-2824044/U-S-charges-Texas-man-running-bitcoin-Ponzi-scheme.html

Already fined $40M and now faces 20 years in prison. But yeah, regulations dont apply to bitcoin, right?

[Puppet]

I'm not too scared to put my money where my mouth is when I say you're a lowlife Ponzi scumfuck.

How much do you care to wager? What kind of escrow do you want to use?

Careful! Im willing to wager a lot of coins on this too, BUT, they seem to hold still very small amounts. If your bet is bigger than their liability, or even in the same ballpark, they would profit by actually paying out their customers from their own pockets and collecting our bet as the profit. It would also provide them with a big publicity bonus they could use for their next round.

[Keyser Soze]

I'm not too scared to put my money where my mouth is when I say you're a lowlife Ponzi scumfuck.

How much do you care to wager? What kind of escrow do you want to use?

Careful! Im willing to wager a lot of coins on this too, BUT, they seem to hold still very small amounts. If your bet is bigger than their liability, or even in the same ballpark, they would profit by actually paying out their customers from their own pockets and collecting our bet as the profit. It would also provide them with a big publicity bonus they could use for their next round.

I'm wondering how such a bet could be resolved. Wouldn't it be rather easy for them to hide liabilities?

I suppose they could pay everyone out in full and shut down temporarily, but how do we know if they really pay everyone out?

[Puppet]

I'm wondering how such a bet could be resolved. Wouldn't it be rather easy for them to hide liabilities?

Im actually concerned about the opposite. If esoshit has only 10 BTC in 'customer' funds, and therefore an unfunded liability of just 1 or 2 BTC in "trading profits", agreeing to a 10 or 100 BTC bet would be a no brainer for them: just pay out the outstanding accounts and the 2 extra BTC from their own pocket, then collect the 100 BTC bet.  With Pirate or bitcoin trader I was pretty confident that no bet I could afford would cover their liabilities, but here, Im pretty sure thats not the case.

I suppose they could pay everyone out in full and shut down temporarily, but how do we know if they really pay everyone out?

If no one complains about not getting their money back after x weeks or months, that would satisfy me. Of course they could do much better by opening their books, assign each customer some hashed ID so that everyone can verify their accounts are being presented.

[sunny1]

By the way sunny is that bet still open 2:1 odds that we are a ponzi scheme that's gonna run away with everyone's money. I STILL WANT IN! or you can say no and actually prove that your just full of shit posting on here just to post on here. Because you were too scared to put your money where your mouth was before so I am assuming you still are, just want to expose that to everyone on the thread since I actually have some grounds and proof behind it you being full of it, more proof then you can say you ever had.

Also since your so knowledgeable about DDOS attacks and protection, they're really not that hard to mitigate and stop when you have the infrastructure in place like any data center that guarantees 99.9% up time has. So by saying that just proves you have no idea, and again you all are saying shit just to say it adding to the horrible name that bitcoin talk has been getting the past few months.

You must be mistaken, I never offered any bet, that was somebody else.

Regarding DDoS, ever asked yourself why banks, airlines and the large casinos are using Prolexic paying $6K minimum/monthly for their DDoS protection, instead of using your $20 service?

[Digicoinz]

Did you ever think maybe that's because ppl's lives are at risk if hackers fucked with those systems?

There's no need for such an expensive service for this. use your head man.

[Illutian]

To those wondering if this is a scam or not...

Withdrawals
Amount (BTC)   Conf.   Credited   Verified   Created   Remove
0.0056 BTC   0   No   No   Oct 27, 08:00 AM   Remove
Address: 1JRXbQZUezENGjEmpzcC8NFFdz7JzoZWkb
* Withdrawals are processed manually.
** Withdrawals may take up to 72 hours to be processed.

 

[rammy2k2]

To those wondering if this is a scam or not...

Withdrawals
Amount (BTC)   Conf.   Credited   Verified   Created   Remove
0.0056 BTC   0   No   No   Oct 27, 08:00 AM   Remove
Address: 1JRXbQZUezENGjEmpzcC8NFFdz7JzoZWkb
* Withdrawals are processed manually.
** Withdrawals may take up to 72 hours to be processed.

 

we dont wonder at all, we know its a scam, if others are stupid to send free money ... their problem

[Puppet]

Who'd have thought:

Notice of Compliance and Cease of Operations:  In light of recent events, legal advice, and in seeking compliance with the Securities Act of 1933, among other legal requirments, all operations shall been halted, effective immediately. A final liquidation of all holdings and assets are currently taking place and a final withdrawal process shall be announced Monday November 10, 2014. We appologize for the inconvience we may have caused to you.

https://www.esotericinvestments.com/

Fortunately these wannabee scammers were so incompetent it appears they didnt raise more than a handful of BTC (according to chat logs on their site) and are more likely to ask/beg/steal the missing coins from their moms than risking jail time.

[tmfp]

[Seretonin]

Oh and www.esotericinvestments.com is back online with everyone's accounts up to date with all the payouts from the last few days.

Thank you for providing some fantastic entertainment over the last few weeks. It has been truly amusing watching you fail so badly.

[Seretonin]

I see that one of the owners of Esoteric (known as Deej Trader) is starting an alt coin. He has moved on quickly...
https://bitcointalk.org/index.php?topic=851123.0

His Facebook profile: https://www.facebook.com/profile.php?id=100007435800607&fref=nf

[roparker2014]

So hopefully everyone learned their lesson from bitcoin-trader, and steered well clear of this? At least I guess so as no one seems to be saying they lost anything in this thread.

[Digicoinz]

So hopefully everyone learned their lesson from bitcoin-trader, and steered well clear of this? At least I guess so as no one seems to be saying they lost anything in this thread.

that's because eso is actually refunding people. they issued an official statement on the site.

we'll be able to request our withdrawals and they will be processed. just keep an eye out for the notice for when we can issue the withdrawals.

so relax. its not another BT.

[rammy2k2]

So hopefully everyone learned their lesson from bitcoin-trader, and steered well clear of this? At least I guess so as no one seems to be saying they lost anything in this thread.

that's because eso is actually refunding people. they issued an official statement on the site.

we'll be able to request our withdrawals and they will be processed. just keep an eye out for the notice for when we can issue the withdrawals.

so relax. its not another BT.

it is exactly a BT clone, maybe u just got scared u didnt covered your tracks right and u might be caught, no doubt u were/are a scam

[Digicoinz]

So hopefully everyone learned their lesson from bitcoin-trader, and steered well clear of this? At least I guess so as no one seems to be saying they lost anything in this thread.

that's because eso is actually refunding people. they issued an official statement on the site.

we'll be able to request our withdrawals and they will be processed. just keep an eye out for the notice for when we can issue the withdrawals.

so relax. its not another BT.

it is exactly a BT clone, maybe u just got scared u didnt covered your tracks right and u might be caught, no doubt u were/are a scam

i'm not the operator of the company, only an investor. get your ducks in a row.

[1RuneKing]

So hopefully everyone learned their lesson from bitcoin-trader, and steered well clear of this? At least I guess so as no one seems to be saying they lost anything in this thread.

that's because eso is actually refunding people. they issued an official statement on the site.

we'll be able to request our withdrawals and they will be processed. just keep an eye out for the notice for when we can issue the withdrawals.

so relax. its not another BT.

it is exactly a BT clone, maybe u just got scared u didnt covered your tracks right and u might be caught, no doubt u were/are a scam

i'm not the operator of the company, only an investor. get your ducks in a row.

Same.
Eso was asked to close down, and they had 90 days to comply or fill out the registration for several thousand dollars, which wasn't easy to fork over. THey opted to close the trading down and refund the money. Within the next few days they should have all funds liquidated and returned.
So no this was not liike BT, and no one is getting hurt.

[Phildo]

Why would it take so long to liquidate the funds? they had people trading 24/7 and never lost money, it should be ridiculously easy to get all that money back to send back out.

[Illutian]

lol, I just noticed there's a "remove" in the 'Deposits' frame. When clicked it asks for confirmation to delete the deposit.

...rofl, why would I want to delete a deposit.  

Also, still waiting on that withdraw made on Oct. 27th

[rammy2k2]

Why would it take so long to liquidate the funds? they had people trading 24/7 and never lost money, it should be ridiculously easy to get all that money back to send back out.

because everything they said was BS ?