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Topic
Board Investor-based games
Topic OP
New U.S registered site - PowerBTC.com - let you earn 10% above mkt price.
by
sbtctalk
on 12/09/2016, 08:49:51 UTC
I saw this site powerbtc.com in a PR this morning. They listed a U.S address

Quote
1340 Avenue Of The Americas
New York, NY 10019
USA
Phone:+1 (917) 979-2728
Fax: +1 (917) 979-2728

Quote
Domain registration info:
Registrant Name: Mike Hamble
Registrant Organization: Power BTC LLC.
Registrant Street: silmonte 13  
Registrant City: New York
Registrant State/Province: New York
Registrant Postal Code: 100016
Registrant Country: US
Registrant Phone: +1.3326168357
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: pentruvps23@gmail.com

This site claims to allow BTC sellers to profit 10% above the current market price by reselling the Bitcoins to buyers in middle east. You simply need either a bank account, WU or Paypal. The site claims no registration is required and it is anonymous.

You simply click on let's say Paypal button, a receiving address will pop up and you need to key in your receiving Paypal address.

I have not tried this service yet.

I found one potential problem with the site:

(1) The receiving address that was generated and presented to you to send your funds to is not unique. I looked through blockchain for that address and realised it is a recycled address. How could the site knows that you are the one who deposited the funds?