That doesn't mean that their security doesn't suck. Which is the point I'm bringing up.


Take a look at all the sites that have been hacked in the past (and future if you can :-). You may notice that the users of those sites did not have any (okay, only a little) complaints UNTIL the site got hacked.


I agree with you. I use LastPass myself.

This seems like a scam, however I admit that I could be the only one who thinks this.
Why do I think this? Going to your site, directs to ClixSense which allows you to "...Earn Up To $0.02 Per PTC Ad Click and Up To $0.008 Per Referral Click..."

Also, ClixSense sucks security wise*. They store passwords in plain text!!!

Don't believe me.
Sign up with them and let them know you have forgotten your password.
They will send your password to your email of record.
Never a good sign security wise.

My opinion. Never trust a site that holds your password in plain text.

* They may suck on other matters, however I don't know about that.

I don't use MultiBit, so I can not give you much information about it.

I don't suggest this for two reasons.

1. Your job may have rules against this.
They may not mention "Bitcoin", however they should have rules against installing programs.

2. This seems like an unnecessary risk.
Think about it. Some IT person can find it, monitor you for your password (I assume MultiBit does that) and robs you blind.

Again, I don't use MultiBit. Syncing with each other is not the problem.
Syncing with Bitcoin (i.e., the current block chain) is the goal.

At your job, I suggest you access your Bitcoin details from some type of online wallet that doesn't have your private keys.
Online wallets should be update/synced with the block chain. Two suggestions.

1. BtcBalance.net. 
It will watch up to 50 bitcoin addresses.
Will also tell you your Btc balance (just like in its name) and the value in U.S. dollars and Euros (always nice, I guess :-).

2. Blockchain.info's My wallet.
You can import your addresses as WATCH ONLY, which is I suggest.

Others may have their suggestions about an online wallet. Just make sure that they do not have your private keys.

Sorry. I can't help you with that.

I noticed that. That made me think that it is Fear, Uncertainty and Doubt (FUD).

I assume others have seen this: http://www.ethlife.ethz.ch/archive_articles/120924_Neuer_Globe_Bitcoin_fw/index_EN

Can someone direct me to the thread or threads that discuss this?

Not sure if this will help, however you can goto http://portableapps.com/apps/utilities/zint_barcode_studio_portable and download a portable app called Zint to make barcodes.

Zint does work on Linux (through Wine).

Zint is what I used to create the QR code that I used as my picture (located to the left).

I think you are missing the point. BCP is scamming people. It is still happening. The amount scammed is so small (which what makes it a great scam) that when people bring it up, some other people tell them that they or boo hooing or they are a fool.


Again, missing the point. Everyone who got scammed (and the people who are being scammed now, they don't know it yet), paid (or for the people now being scammed, are paying now). You expect to get for the things you pay for.


Again, missing the point...


I agree (to a point). BCP could charged anything they like as long as they let people know what the charge is. Not only is BCP is not doing that. They change their policy of how they do things (also without telling anyone). This does not seem like a scam to you?


I give you that BCP has done work on setting up the site. However, I would not say that BCP did all the work.
Correct me if I am wrong. For the site to work, others will have to do the work (mining for BTC). For the people who got scammed (and are being scammed now), the benefit is going all to BCP. Please read this thread from the start for the details.


I am unsure how this relates. About this, I write the following:
If you are not the creator (the one who is called), "Satoshi Nakamoto", then you have done a "jump on the bandwaggon". I think that is what the creator wants people to do.


For me, I don't hate BCP. BCP is a thing. It is a tool. It makes no sense to hate a thing.
It someone kills someone you love with a gun. Would you hate the gun?
So forgive me if that was not clear. From what I understand (could be wrong), (as a tool) BCP seems to be a great fit for people who have websites.

What I hate is that someone (or someones) is using BCP to scam people.

As for criticizing, I think what I am doing is correct. BCP has and is scamming people. They are doing wrong. Do you think that saying nothing about this will make them stop?

Why am I writing this (it is not making BCP change and start doing right)? I am doing it for three reasons.

1. To inform people of that scam that BCP is doing. Since I believe that you (could be wrong) don't think that BCP is scamming people (or that it is okay for them to scam people), I have a bit more work to do.

2. I hope people will let others know how BCP truly works.

3. I would like people to boycott BCP until they start doing right. I remember that boycotts could work. See http://en.wikipedia.org/wiki/Rosa_Parks for an example of a successful (but long) boycott.

Some people also find it hard to believe that BCP is scamming people.

Please read this thread from the start.
You will find an email from BCP to me stating that they do charge 3%.

I think most would also agree with that.

What bothers me is that some (seem to) think that it is OK for BCP to not disclose. So if someone goes to BCP and get scammed, then it is their fault for not knowing better. That is wrong. Without going into much details, please review my posts (and others) to see why this is wrong.


I edited your above quote. Did I get the central thought correct?

If so, then I have stated that BCP seems like a good fit for people with websites.
When I state that BCP is scamming people, then I am talking about the people who don't have a website.

I also think they are scamming people with a website.  The website owners are not that concerned (my guess) because they are getting others to mine BTC for them. i.e., They (website owners) did not use their own resources (electric, wear and tear on their computers, etc.) to generate BTC, so paying a 0.01 fee is not that much of a deal from them.

Assuming that BCP does disclose and someone goes to BCP for the first time (without knowing anything). I believe that website owners would still use BCP (seems like a great deal for them). Non website owners would not use BCP*.

* To be fair, maybe some non-website owners (my guess a small amount) would use BCP. I can not explain why some people do what they do. 

Thanks. You are the man!!!

I would say, online storage. As many as you can.

Make sure you encrypt before yo store something on line and use a good password.

Do you live in the U.S. (It will make sense later on [I hope])?
Do you consider BitCoin to be a form of currency?

Why the questions? I believe (could be wrong, I'm not a lawyer) that in the U.S. (which I'm located) that any company that deals with money and the public are required to disclose.

BCP did not disclose anything. Please read this thread for details. They did not so much as post a link like you did.

If something like this happened to you, would you think it a scam?


Maybe? Please read this thread from the start (reread if you have to). After that, then don't you think you should do a re-write and get rid of the maybe?


No, that is not the case. It may (I'm being nice here) have been the case at one time.
Now, they know.


OK, what about the fee you are talking about. Why is it still 0.01 (I tried to transfer yesterday and it was still there)? As you may know, that the fee is 0.0005 now. Does it seem like a scam to you yet?

What about JK's information (taken from another thread):


Still not a scam?


If you are saying that BCP is in the 10% that should not be trusted, then I agree.


You want proof. Goto http://forum.bitcoin.org/index.php?topic=17099.0 and read (not just my posts). After that, ask me questions on things that you are unsure of. Until you read my proof, could you please zip it (notice, I said please).


I don't understand this, however I will respond.

What I'm spreading is truth. The truth is that BCP has and is still scamming people. I do not see how me telling the truth about BCP is hurting BitCoin or the BitCoin network.

Truth should not spread FUD (Fear, uncertainty and doubt).

FEAR: I do not think that anyone is fearful of BCP. Their crime does not involve murder, rape, dismembering etc. They are just stealing small amounts of BTC from people.
Is that something to be afraid of? Avoided, yes. Feared, no.

UNCERTAINTY: No I am certain that BCP is scamming people. Hopefully you will read that and came to that yourself. I understand that you may not think that they are scamming (some would rather hope I use another word), however I think you would at least realize that BCP is not doing some things right. I haven't said that are scamming everyone, just some (which makes it such a great scam). I haven't even said that they are no-good (as in: they can bring nothing to the table). From what I read, if you have a website (or websites), then BCP could be a good fit for you. I don't have a website, so I can only tell you what I read.

What am I saying? Even with the things that they bring for websites, they are still scamming people.

DOUBT: Yea, I want you to doubt them. If you have read every thing then I'm sure you will see why you should doubt. Keeping in mind that the people with websites do not have a problem BCP (none that I heard of). OK, that is not 100% true. Some have expressed that they do not like that BCP doesn't disclose. However it is working for them (so let the BitCoins roll in). I would hope that they (website owners who use BCP) would keep an eye on BCP. I think that is the wise thing to do.

Feature? I associate features with benefits.
e.g, Feature: This car has a 5.0L engine.
Benefit: This car will zoom pass the others and you will get home faster.

Feature: We will charge you 0.01 (even though we could make it lower).
Benefit: After you get to 0.01 BTC and find out about the fee (that's when you find out, by the way), you would stop mining and we keep your BTC.


It BTC wants to be cost effective, then use JK's information (taken from another thread):


BTC is not going to do this, because it would hurt their scam. Right now they are saying, "Hey, it's not our fault that you have to pay the 0.01 fee, blame the BTC network. It's their fault, our hands are tied." Of course the fee is now 0.0005, however BTC doesn't mention that (bad for the scam).


Introduced? That's kind. How was it introduced to you. Was it when you tried to transfer BTC.


Better Communicated? Again, that's kind. It was not communicated at all. Look at the site and find the communication. You will not find it.


BCP is (maybe) not being up front? Say it isn't so. What they are doing is scamming. Lying by omission is lying by either omitting certain facts or by failing to correct a misconception. See http://rationalwiki.org/wiki/Lying_by_omission for more details. Lying by omission is scamming.


Is this before or after the introduction of the new feature?
could you send me the address of this transaction so I can see for myself?



That is not how the scam works. They scam from people who know found out it's a scam and don't want to play that game again.
Here is how it works. You goto BCP and starting mining.
-You get your 1st payout (Yea!!) and attempt to transfer your BTC. This is when that you told that you need a minimum of 0.01 to transfer.*
-You get to at least 0.01 and now you are told that you can't transfer because of a 0.01 fee.*
-You contact BTC via email and the say that you really need 0.02 to transfer and 0.01 would be lost because of the fee. Two points to make on this. BTC can lower the fee if the want (by using JK's info and/or updating their BTC client). On their site, when you try to transfer funds, it says that it is a 0.01 minimum to transfer.

What would you do? Mine until you get to 0.02 and lose 0.01. Or call it quits, step away and know that they are keeping your BTC.
 
When it happened to me, I called it quits (but not right away). While stepping away, I had to give it up to BTC. Great scam.
Very well played sir, very well played.


I think they knew what they were doing from the start. If not, they saw the opportunity for starting a scam and took it.
In either case, still a scam.

* It is not listed anywhere else on the site.

True, however BTC will not do this. I know. I was told by them that they will charge 0.01 on any amount. Also they could lower to the current rate of 0.0005. Nope, not doing that either. Also they could use JK's information (taken from another thread):



I assume that you think that BCP is not a scam. Does it still not seem like a scam?

Keep in mind that BCP was paying the transaction and changed their policy (without telling anyone through the site). You would have to find that information by contacting them through email.

Do you think it is a scam yet? No. They can change policies without informing people. Even Facebook will inform you when they make changes. In their case it is hiding in one of their settings, but it is there.

BCP does't disclose anything. That is a scam. I know many don't like that word (scam). Honestly, you must admit that what BCP does is not right and it is still happening.

It is a scam. Maybe I should write it in a way for greater impact (like you).

IT IS A SCAM darn it! (noticed I added bold text ).

That lack of information you mentioned is why it is a scam. This is called "Lying by omission"*. 

The fact that it is a small amount, is what makes it a great scam. Look what you wrote: "... are you 9 yo kids or what?!"
Is this to mean, stop complaining about being scammed since it is such a small amount?

Well what you wrote is not as bad as some. Some blame the people who got scammed for trusting BCP. They should have known better. Everyone ones knows that BCP is meant for websites. Someone even called one of the scammed a fool. Wow. You are a fool for being scammed. That seems wrong to me (maybe not to you).

The ones who don't know much about BitCoin are the ones who are being scammed. BCP knows this and lets it happen. Without telling them so they can make an informed decision.

Guess what, it is still happening.

Full disclose: I was scammed by BCP. I was also the one who was called a fool.
Why does't BCP disclose how they do things? Answer: They are scamming people.

* Lying by omission is lying by either omitting certain facts or by failing to correct a misconception. See http://rationalwiki.org/wiki/Lying_by_omission for more details.

Thank you for the information.

Could you provide a link from (BCP) to me that explains this?

Hi BP,

Off topic:
I have my own type of short hand. My first mind is to give you the short hand of BCP
I find it odd that handle is the same one I give BitCoin Plus.

Also I thought you were not going to post to me on this thread. I could be mistaken:



I would like to ask you what you mean by this. However I notice that you do not answer (or only half answer) my questions, so I'll refrain.

I would say this. Everything I post I believe. I try to make some of it funny, however the meaning is clear (I hope).

-BCP (not you, I am calling you BP remember) scammed me and others. Read this thread for details.
-BCP is still doing it.
-They are doing it with "Lying By Omission". Lying by omission is lying by either omitting certain facts or by failing to correct a misconception. See http://rationalwiki.org/wiki/Lying_by_omission for more details.


I hope to let everyone know that BCP is a scam in hopes that the word gets out and no one goes there without knowing how they do things.

Isn't that positive. That people should know what to expect and get it when they visit a site.  I know, you disagree with me on that.


If this is because of this thread, then the word is getting out. Could you help by spreading it? You spreading this info should not effect your financial ties with BCP.


Answer. They are scamming people. See the Lying By Omission definition above.


I disagree. Not that they have to. By law they should. In the U.S., every company that deals with exchanging money with the public requires disclosure. Granted I am not a lawyer (so I could be wrong). BitCoin is money, so the same rules should apply.


I hope that is your question.
The easy answer is how much the market can bear (i.e., As much as they can).

I do not consider the other things you mentioned. e.g., cost of hosting the site, size of the staff, etc. The fact is that I never think of these things when I go to a site. I go to a site to do things. (e.g., Going to Google to look up something). I assume the owner of the site has that covered. Since you have a site (I believe that to be true), you may think more about those things. Since I don't have a site, those thoughts do not cross my mind.

In short, I do not care if BCP makes a lot of money. As long as it is legal and they explain how they do things (you could tell where this could go).

Did that answer your question?

This my seem off topic, however it you have read this thread, you will see how it is not.


Little Kid runs up to his Grandparents house and rings the bell. Grandma opens the door. Little Kid gives her a big hug and ask where is Granddad. Grandma tells him and Little Kid runs to Granddad. Granddad is sitting.

Little Kid:  "Granddad, Granddad! Tell me again about the start of BitCoin and how you got rich. Please Granddad, please!"
Grandma: Overhearing, "Don't pester your Granddad about that."
Granddad: "It's okay, Ma. I never get tired talking about that." He shifts in his chair while the Little Kid sits at is feet. He looks straight ahead at something The Kid can not see. He is looking at the past.
Granddad: "It was in 2011.  You were not born then. It was a different time. We had our first black president, his name was..."
Little Kid: Interrupts, "Granddad. That is wrong. You don't call them black, you call them..."
Granddad: Interrupts sternly, "Wasn't I talking, you know better."
Little Kid: In a small voice, "Sorry."
Granddad: "Okay." Rubs the Little Kids head, "Don't let it happen again... Now, where was I?.... I remember. It was in 2010. I had a something called  a website." He smiles, "those were good times. Very good times." He coughs.
Little Kid: "Want me to get you some water?"
Granddad: "No thanks... Well I had this website that people came to" Granddad smiles while remembering, "and I was in the Bitcoin business. I was scamming people from here to Sunday."
Little Kid: "Didn't those suckers know they were getting scammed?"
Granddad: "Not at first. Once they did, they stopped being scammed."
Little Kid: "Wasn't that bad for you?"
Granddad: "You would think so. However for each one scammed person that quit, two more took his place!"
Little Kid: "Really!?!"
Granddad: "Really!"
Little Kid: "But what about the scammed people who stopped. Didn't they try to warn the new people?"
Granddad: "Yes. however this is the great part of the scam. I only scammed a little from each person"
Litlle Kid: Looking confused, "But if you only got a little, how did you get rich?"
Granddad: Gently Grasping the Little Kid's face and turned it to him so they were face to face, "Listen carefully, a little bit from a lot of people is a lot."
Little Kid: Talking slowly, "Okay. But what happened when the scammed people tried to warn others about the scam?"
Granddad: "Ooo. This is the good part. When they tried to tell people, they were told that it was their fault for getting scammed!"
Little Kid: "That doesn't sound right"
Granddad: Smiling, "It was crazy times."
Little Kid: "I love that story granddad. Wow, look at the time. Mom will be here soon. Can I get some BitCoins?"
Granddad: "Sure" Then Granddad transferred some Bitcoins in a way that people in 2010 and 2011 would envy.
Grandma: After The Kid left, "You know you were played for your Bitcoins, right?"
GrandDad: "Yea."
Grandma: "Do you also remember that I had a website and I scammed more people then you?"
Granddad: "Yea, that is why I married you." Then moved in for a kiss.
Grandma: Smiling, "Those were some good times." and allows herself to be  kissed.

To save some time, why don't you just send 0.01 to the address listed in my signature.

This way, you do not have to wait for me to send you BTC.
I'm sure you can do better things with your time.

Also this cut down on some of traffic on the BTC network. e.g., me sending you 0.01 and you sending back 0.02.

 

Okay, let's try an example. Say you put money into a bank.
Then you go to the bank to get your money (it is your money after all).

Bank: "I'm sorry, you can not get your money because of a fee."
You:  "What fee?  I don't know anything about a fee"
Bank: "Yes, it is industry standard. You should have known this before you came here."
You: "Where was I suppose to learn about this fee?"
Bank: "Any place but here. We only tell you about the fee when you are trying to get your money."
You: "Can you waive the fee?"
Bank: "No. We use to not charge it, however we changed our policy."
You: "How is policy made here?"
Bank: "We make it up as we feel."
You: "Is there someplace I can find out about your policies?"
Bank: "No."
You: "How can be know when your policies changes?"
Bank: "When it changes."
You: "Ok, what is the fee?" Banks tell you. You pullout your mobile computer (i.e., cellphone), check something and say, "Well, I just checked and industry standard is lower then what you quoted. Could you explain why you charge higher?"
Bank: "Could we help you with something else?"
You: You notice that your question wasn't answered and the bank is not going to do it.
You: "How do I know that you have my money?"
Bank: "You will have to trust us. Have we done anything that makes you to not trust us?"
You: Stare in disbelief .

Will this happen in your bank? No, your bank would disclose these to you.
It may be in small print and in a language you don't understand (legal writing), but it is disclosed.

If this did happen with your bank, I assume (could be wrong) that you would consider this a scam.

When this happens with BCP, you consider it a badly run service.