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Author Topic: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending"  (Read 115496 times)
gene
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August 14, 2012, 09:01:40 PM
 #761

Interesting turn of events. Even so, the core ponzi scam can probably continue for some time, along with the various leeching schemes.

Clawbacks can't happen unless operators and other participants are positively identified. However, if someone slips up, it is possible that a dedicated set of doxers could trace things back quite a ways. Most people do not have the combined skill and discipline to maintain perfect anonymity. With any luck, the trail will permit for some to be identified.

We know what pirate looks like and also his name, unless he gets plastic surgery and lives in the form of Michael Jackson its even more unlikely he would be able to just vanish.



Really? What is his name? Source?

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drakahn
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August 14, 2012, 09:04:12 PM
 #762

Interesting turn of events. Even so, the core ponzi scam can probably continue for some time, along with the various leeching schemes.

Clawbacks can't happen unless operators and other participants are positively identified. However, if someone slips up, it is possible that a dedicated set of doxers could trace things back quite a ways. Most people do not have the combined skill and discipline to maintain perfect anonymity. With any luck, the trail will permit for some to be identified.

We know what pirate looks like and also his name, unless he gets plastic surgery and lives in the form of Michael Jackson its even more unlikely he would be able to just vanish.



Really? What is his name? Source?
Why do you need to know his name? I assume you aren't invested.
Apart from that its not for anyone else to give out anyones details

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August 14, 2012, 09:04:35 PM
 #763

Interesting turn of events. Even so, the core ponzi scam can probably continue for some time, along with the various leeching schemes.

Clawbacks can't happen unless operators and other participants are positively identified. However, if someone slips up, it is possible that a dedicated set of doxers could trace things back quite a ways. Most people do not have the combined skill and discipline to maintain perfect anonymity. With any luck, the trail will permit for some to be identified.

We know what pirate looks like and also his name, unless he gets plastic surgery and lives in the form of Michael Jackson its even more unlikely he would be able to just vanish.



Really? What is his name? Source?

Late to the ponzi party, are we?

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August 14, 2012, 09:11:52 PM
 #764

Interesting turn of events. Even so, the core ponzi scam can probably continue for some time, along with the various leeching schemes.

Clawbacks can't happen unless operators and other participants are positively identified. However, if someone slips up, it is possible that a dedicated set of doxers could trace things back quite a ways. Most people do not have the combined skill and discipline to maintain perfect anonymity. With any luck, the trail will permit for some to be identified.

We know what pirate looks like and also his name, unless he gets plastic surgery and lives in the form of Michael Jackson its even more unlikely he would be able to just vanish.



Really? What is his name? Source?
Why do you need to know his name? I assume you aren't invested.
Apart from that its not for anyone else to give out anyones details

I'm not the one who brought up pirate's identity. But since Clipse did bring it up, it is interesting to the audience here.


Late to the ponzi party, are we?

At least you're openly admitting it now.


Still would be interesting to see these advocates of transparency provide the information that they themselves assert is publicly available. Either you will or you won't, but the hesitation and defensive stance is telling.

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drakahn
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August 14, 2012, 09:14:32 PM
 #765

Interesting turn of events. Even so, the core ponzi scam can probably continue for some time, along with the various leeching schemes.

Clawbacks can't happen unless operators and other participants are positively identified. However, if someone slips up, it is possible that a dedicated set of doxers could trace things back quite a ways. Most people do not have the combined skill and discipline to maintain perfect anonymity. With any luck, the trail will permit for some to be identified.

We know what pirate looks like and also his name, unless he gets plastic surgery and lives in the form of Michael Jackson its even more unlikely he would be able to just vanish.



Really? What is his name? Source?
Why do you need to know his name? I assume you aren't invested.
Apart from that its not for anyone else to give out anyones details

I'm not the one who brought up pirate's identity. But since Clipse did bring it up, it is interesting to the audience here.


Late to the ponzi party, are we?

At least you're openly admitting it now.


Still would be interesting to see these advocates of transparency provide the information that they themselves assert is publicly available.

by "we" clipse meant us, not you
by "ponzi party" psy meant you, not us

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August 14, 2012, 09:15:30 PM
 #766

Late to the ponzi party, are we?

At least you're openly admitting it now.


Still would be interesting to see these advocates of transparency provide the information that they themselves assert is publicly available.

Are you from this planet? The only person late is you, with all the times people posted his identity in these type of threads before.
Scream PONZI a little more.

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August 14, 2012, 09:19:55 PM
 #767

Interesting turn of events. Even so, the core ponzi scam can probably continue for some time, along with the various leeching schemes.

Clawbacks can't happen unless operators and other participants are positively identified. However, if someone slips up, it is possible that a dedicated set of doxers could trace things back quite a ways. Most people do not have the combined skill and discipline to maintain perfect anonymity. With any luck, the trail will permit for some to be identified.

We know what pirate looks like and also his name, unless he gets plastic surgery and lives in the form of Michael Jackson its even more unlikely he would be able to just vanish.



Really? What is his name? Source?
Allegedly:
http://www.facebook.com/trendon.shavers?sk=wall
http://www.linkedin.com/in/businesscognition
http://www.corporationwiki.com/Texas/McKinney/trendon-shavers/101281327.aspx
http://www.co.midland.tx.us/da/hotcheckwarrants/list/?lname=sz
gene
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August 14, 2012, 09:27:55 PM
 #768

Midland... same as GW...

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drakahn
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August 14, 2012, 09:30:29 PM
 #769

well if you're going to edit out what i'm laughing at, i'm... still going to laugh at you, haha

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gene
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August 14, 2012, 10:17:13 PM
 #770

nice try on the post rollbacks  Grin

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gene
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August 14, 2012, 10:18:04 PM
 #771

by "we" clipse meant us, not you
by "ponzi party" psy meant you, not us

 Cheesy

As I said, your unimaginative response it predictably telling.


Late to the ponzi party, are we?

At least you're openly admitting it now.


Still would be interesting to see these advocates of transparency provide the information that they themselves assert is publicly available.

Are you from this planet? The only person late is you, with all the times people posted his identity in these type of threads before.
Scream PONZI a little more.

No need. Your contributions have not been helping your cause. I've caught you stealth-deleting a few posts already. Maybe your colleagues will continue to encourage you to post a bit less.


How charming. Passing bad checks in Texas... is this warrant still out on the alleged pirate?

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August 14, 2012, 10:54:50 PM
 #772

There's no legal framework for doing "claw-back" of bitcoins.
No special framework is needed. If there was a claw back, it would be based on the fair market value of the bitcoins fraudulently transferred as of the time they were transferred, likely with interest accumulating from that time. As far as the legal framework would be concerned, bitcoins would be treated like any other thing of value. Intangible items with a market value are routinely clawed back at fair market value. For example, stocks are clawed back.

The big question is whether the recipients could be identified and whether anyone is ever going to have enough information to even try to identify them.

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koin
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August 14, 2012, 11:09:46 PM
 #773

There's no legal framework for doing "claw-back" of bitcoins.
No special framework is needed. If there was a claw back, it would be based on the fair market value of the bitcoins fraudulently transferred as of the time they were transferred, likely with interest accumulating from that time.

so wait, this might just work.

accept 1 bitcoin "deposit" today with the price at $12.  the downlevel reinvests so it doesn't matter what the interest rate is, ... 5%, 7% whatever.

then this ends (collapse) four months from now.

so i'm busted as running a ponzi. because now my identity is known i face a clawback.  i owe the depositor $12 plus interest (let's say the best rate a bank offers for a cd is 3%).    so i have to refund $12.12 (the bitcoin which was worth $12 at the time i accepted it plus twelve cents of interest, based on the rate of 3% per year).

but the exchange rate is $15 by then. so I cash out 0.808 bitcoins (then worth $12.12) and keep 0.192 bitcoins for myself.

but if instead the exchange rate drops to $10 by then, i return the full 1.0 btc.  no harm, no foul.  no bitcoins were lost.

heads i win.  tails you lose.
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August 14, 2012, 11:29:36 PM
 #774

Oh shut up fascist. I have no problem with ponzi talks and whinnings, but don't drag the parasites that be into this, thanks.

their participation is required by law when securities fraud (which ponzis fall under) occurs.

here's a recent example where they went after a ponzi feeder fund "for their role in facilitating a massive ponzi scheme operated by another individual": http://investorswatchdog.com/blog/investorswatchblog/?p=9637


The big question is whether the recipients could be identified and whether anyone is ever going to have enough information to even try to identify them

i wonder if many of the "recipients" claiming interest received actually are recipients, or just shills.

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We tend to believe that people pretend to be someone else only in the movies. But it happens every day. A scam operator can afford to buy the temporary services of actors to play any role. If you’ve begun your search with a goal of confirming the legitimacy of the investment, the shills will convince you of it.

The trick to keeping safe on this dangerous investing landscape is changing what you look for in your investigation. If you look for legitimacy you’ll run into an endless line of shills. But, if you learn how to look for fraud, you’ll recognize it. After all, if fraud is what you want to avoid, why would you look for anything else?
http://investorswatchdog.com/blog/investorswatchblog/?p=9565
gene
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August 14, 2012, 11:31:31 PM
 #775


heads i win.  tails you lose.


There is also the small matter of federal prison.

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August 14, 2012, 11:34:30 PM
 #776

i wonder if many of the "recipients" claiming interest received actually are recipients, or just shills.

Well I dont think there is enough tinfoil to build a hat for that conspiracy notion. Do you really think that every single person posting on this forum who invested something in BTCST is a shill, please find just one post where someone who invested claims they havnt received interest etc etc etc.



...In the land of the stale, the man with one share is king... >> Clipse

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August 15, 2012, 01:13:59 AM
 #777

Anybody got a street address for Pirate the Midland, Texas check-bouncer?

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August 15, 2012, 01:26:52 AM
 #778

1)  For those that haven't seen it yet, most ponzi threads are now categorized as "Long-term offers" which obviously is not the correct category name, but at least there is a little corner for these scams to sit in now:  https://bitcointalk.org/index.php?board=88.0   I think a name like "1000%+ APR Investments" would correctly categorize them and is a huge warning bell to anyone with a sound understanding of economics.

2)  That being said, here is the locked BCST thread:  https://bitcointalk.org/index.php?topic=50822.1480 still erroneously in "securities"   - I have seen many other scams in various other forums but it's good to see that at least a clean up has started and mods are taking action.

3)  The direct communication with Pirate is interesting.  If anyone wants to PM me conversations I would love to read them and will keep both your identity and the content confidential.  If anyone out there involved in this scam in any way wants to communicate anonymously or privately with me I welcome it.  Send anything you feel may be of help.

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August 15, 2012, 01:28:28 AM
 #779

i wonder if many of the "recipients" claiming interest received actually are recipients, or just shills.

Well I dont think there is enough tinfoil to build a hat for that conspiracy notion. Do you really think that every single person posting on this forum who invested something in BTCST is a shill, please find just one post where someone who invested claims they havnt received interest etc etc etc.




I also believe there to be many shill accounts reporting interest as paid.  Of course there are many real marks too, the BTC has to come from somewhere.  a few real interest payments + a few shills = the appearance of community support

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August 15, 2012, 03:25:29 AM
 #780

i wonder if many of the "recipients" claiming interest received actually are recipients, or just shills.

Well I dont think there is enough tinfoil to build a hat for that conspiracy notion. Do you really think that every single person posting on this forum who invested something in BTCST is a shill, please find just one post where someone who invested claims they havnt received interest etc etc etc.

Given the rate of whinging on the GPUMax thread about not getting _work_, I would imagine that there would be a hue and cry if people didn't get their payments.

or complaining about being on the waiting list too long..

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