Quote from: Wendigo on May 19, 2017, 02:38:35 PM

Quote from: ranlo on May 18, 2017, 07:42:49 PM

Quote from: Iranus on May 18, 2017, 07:17:38 PM

Quote from: vannaria on May 18, 2017, 06:58:02 PM

...I just wonder if his 20$ "Ebook" -> https://bitcointalk.org/index.php?topic=1843488.msg18934591#msg18934591 includes a lesson for running ponzis. maybe we can convince his vouchers to share us the method so we can "try" to recover our losses. (just an idea)

I have sent the vouch copy recipient BTCForJoe a PM explaining the situation and asking for the e-books. If I receive them, I will share them privately with other scammed members via PM in order to help recoup losses if needed. If not, I will PM other vouch copy recipients in an attempt to find what he was selling.

I'm not 100% sure what Method 1 is but I know Method 2, as it's what he was supposed to be doing with the funds as well:

1) Trade fiat for BTC
2) Take BTC to Purse.io
3) Set order for items you can sell locally. You get a min. discount of like 15%, so you can sell for 5% off and still get 10%+ profit per sale
4) Trade fiat for BTC
5) keep the cycle going

But he was getting BTC from you the investors in his scheme so why is that step 1 even there? I mean he would just need to deposit the coins to Purse.io and off he goes with the purchased Amazon goods for great discount to resell in his country, right?
Was he trading fiat for BTC or it was all just lies?

Sorry for your loss btw. This sucks.

I was giving it as a newbie perspective. If you already have BTC, then you'd skip #1 but it changes none of the process. It's still cash->btc->purse->cash->btc->purse. Where you start in the cycle is irrelevant.