Quote from: Quickseller on January 16, 2015, 11:45:07 PM

michaeladair for some reason was recently added to BadBear's trust list.

Since he has been added, he has now used his position on Default trust list to silence me twice. it is unknown how many other people he has silenced that have not been willing to speak up and simply stopped yelling "scam" when they got negative trust.

The day he was added to BadBear's list he sent me a PM asking me to remove my negative trust rating on Redsn0w because "he is to be trusted", he eventually added a negative trust rating on me when I did not remove it. For unknown reasons he removed it after (or maybe right before) he started this thread, which his position was not generally supported.

Relevant PM's:

Quote from: michaeladair on January 05, 2015, 08:35:48 PM

Please remove the negative trust that you placed on RedSn0w or at least make it neutral. He is to be trusted but just not for escrow, so put it as neutral or we will have problems.

Quote from: michaeladair on January 05, 2015, 09:21:26 PM

The negative trust you gave to Redsn0w is unecessary as he did nothing to make him untrustworthy. Please remove it or at least make it neutral trust or I'll be forced to give you negative trust.

He is now giving me negative trust because of my trust ratings that I have recently given to newbie ponzi sites. I am reasonable certain that both he and moreia are behind at least some of these ponzi sites, including bitcoin-stocks.com which lied about what they were doing with investor money and deleted all the posts in their self moderated thread. They were both essentially vouching for bitcoin-stocks prior to when they ran away with investor money. I was told by moreia that both himself, one person on default trust list and one other person was planning on starting a "honest Ponzi game" (of which there is no such thing, however that is not the point of discussion of this thread).

~~Additionally both michaeladair and moreia were very quick to defend Spodermen when I called him out as selling hacked accounts.~~ Actually I cannot find michaeladair's vouches, however moreia did vouch for him and I drew the connection between moria and michaeladair above.

Relevant PM's:

Quote from: moreia on January 14, 2015, 12:35:54 PM

Alright I'll just shoot you a PM, reply when you can.
Bear in mind I messaged shorena as well, awaiting response. bitcoininformation recommended to get your opinion.

Myself and a few others are consdering opening a Ponzi Game. DO NOT panic, this isn't a ponzi SCHEME or a ponzi SCAM. Ponzi schemes/scams are sites that promise you guaranteed investments using something like trading but really payout with other investor money. A ponzi GAME is a site where it blatantly states it uses the Ponzi structure and that you may lose your coins. Technically, it is legal and considered a gambling game just like a dice site.

The reason why I'm PM'ing people is due to the high rise of Ponzi sites by Newbie members. Scams being a massive rise indeed.

I am not saying I am going to do this unless members like yourself or shorena approve, but what would your opinion be on a small maximum (like .5btc), automatic and instant ponzi game ran by a member like myself and another two semi-trusted members on this forum? Myself and the other two really want to run an official and trustworthy game on this forum but since so many new sites get their trust ratings ruined from running them it has prevented us greatly. Bear in mind .5BTC maximum with 125% return (24hr rounds) would mean maximum .65BTC (including 5% fees) in the wallet at a time.

It would work so that we can't cheat out users (everything on blockchain and only one transaction at a time, everything is instant even if there aren't any confirmations) and of course we'd be able to give everyone realtime support. Fee addresses also listed publicly.

The three of us have positive trust here and one is in default trust. I can provide the identities if you want them. I beg you hear us out and give your opinion before you jump to the negative trust button.

One issue risen by Mitchełł (bitcoininformation) was this:

Quote from: Mitchełł on January 14, 2015, 10:37:29 AM

Well the biggest problem you need to solve is that you and your partner can't send anything to the ponzi to keep it alone. Which is, well, impossible. I stopped giving new ratings but it would be smart to contact Quickseller and shorena what they think about this.

Personally, I wouldn't do it for profit but rather to keep the program activity up.
What I would do to avoid this flaw is continue reinvesting a portion of my profit (like 20%) until the program dies that way the ending loss doesn't hit members as hard as what it would if i didn't invest.
I wouldn't do it for my own personal gain but yes he is right it is a flaw that is un-preventable even if we wanted to prevent it. There is always that possibility. That's where the trust comes in I suppose.

I want to run it by members like yourself before we do anything hence I am PM'ing people privately. I don't want to piss people off I just want to end the scams and have a place where people can play the ponzi game if they choose to play it, and do it safely.

Just let me know your opinion (via PM, not in the thread) I'm just asking around because I think it would be a good idea to get a site like this going by a semi-trusted/established member rather than a newbie.

Thanks for reading, very much looking forward to your response!

Best regards.

Like I said above he is clearly trying to silence the opinions that he does not agree with which is not something that the trust system was designed to do.

Quote from: Quickseller on December 13, 2014, 07:07:44 PM

Quote from: peligro on December 13, 2014, 06:57:57 PM

Its a self feedback loop which is increasing CanaryInTheMine's trust rating.

For instance, redsn0w sent a positive rating today

Quote

CanaryInTheMine 150: -0 / +331(331) 2014-12-13 0.00000000
I trust CanaryInTheMine , he is an honest an reputable user!

CanaryInTheMine added redsn0w to his list which resulted in another trusted feedback for him. I think this is a flaw in the trust system which leads one level 1 member to improve his trust rating.

I think this is clear trust padding on CanaryInTheMine's part. I have always had reservations about redsn0w, but would not go as far as to say he is planning any kind of long con, but would also probably take his trust reports with some level of a grain of salt. I don't think it is appropriate for him to be on default trust.

If he wants to make a scam report then he can open a scam accusation, like I am sure he knows how to properly do. IMO this really should be the way to stop a scam in it's tracks as it is a way to give much more evidence and public discussion about a potential scam

It is now getting crystal clear that redsn0w is riding the trust ride for a certain mission. I think, it is high time for CanaryInTheMine to remove redsn0w from his trust list.

Request to Canary: It does not matter if you leave redsn0w a +ve feedback, but please dont keep him in your trust list. He is not trusted enough to inherit the power of DefaultTrust.