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www.cointelegraph.com and www.bitcoinwarrior.net also run these ads, and Coin Telegraph even had a big promotion with Virtex.com a few weeks ago. See here:
http://cointelegraph.com/news/113044/time-to-play-ct-egopay-and-virtex-announce-price-prediction-contest
I know at least one user who deposited heavily in Virtex.com because of that promotion and who is now unable to withdraw. Coin Telegraph should be informed of this, and expose the situation unless they want to be seen as responsible.
Their email is:
drop@cointelegraph.com
and the email for the other site is
editor@bitcoinwarrior.net
http://cointelegraph.com/news/113044/time-to-play-ct-egopay-and-virtex-announce-price-prediction-contest
I know at least one user who deposited heavily in Virtex.com because of that promotion and who is now unable to withdraw. Coin Telegraph should be informed of this, and expose the situation unless they want to be seen as responsible.
Their email is:
drop@cointelegraph.com
and the email for the other site is
editor@bitcoinwarrior.net
I'm the editor of BitcoinWarrior.net. I haven't gotten any emails about this, but found this thread and will be following up. Thanks.
Re: [AUCTION] Coin #8 | RAVENBIT Physical Bitcoin | {ends May 1 @ 11pm EST}
Hey TradeFortress.
Some balls on you, man, still using this handle.
You say that it's possible for people to have distinct personal and business assets. You did promise your investors that if anything went wrong, you guaranteed their investment with your personal assets.
Also you said that you kept a small amount of coin in your hotwallet. Small amount meaning all of it, plainly.
Nice trust rating.
Some balls on you, man, still using this handle.
You say that it's possible for people to have distinct personal and business assets. You did promise your investors that if anything went wrong, you guaranteed their investment with your personal assets.
Also you said that you kept a small amount of coin in your hotwallet. Small amount meaning all of it, plainly.
Nice trust rating.
Re: btc-arbs.com - Daily ROI (0.01-10%) Update: withdrawal problems
Hi, folks,
I sent these guys a support ticket asking for more information about what's going on. It seems strange to me that if they were bought that there wouldn't be an announcement on their top page, not just a message in their support center. Got no reply. Googling reveals nothing about the company that made the purchase or Ron James.
If it walks like a duck and quacks like a duck, it's a duck. this is a weird scam to be sure, but scam it is. Please don't put any more money in with these guys and warn anyone you know who's thinking about it.
If this was even a little legit, then they would be giving us updates - particularly about how long it will take them to release our funds. Poor customer communication, especially in time of transition, loses customers. Lack of interest in keeping us informed a) says they don't really care about us since they're not really an arbitrage business, and b) they're counting on us to keep hoping so we don't go ballistic.
I'm sorry for anyone who has lost funds, but I just don't think it's realistic to think that these guys are legit.
I sent these guys a support ticket asking for more information about what's going on. It seems strange to me that if they were bought that there wouldn't be an announcement on their top page, not just a message in their support center. Got no reply. Googling reveals nothing about the company that made the purchase or Ron James.
If it walks like a duck and quacks like a duck, it's a duck. this is a weird scam to be sure, but scam it is. Please don't put any more money in with these guys and warn anyone you know who's thinking about it.
If this was even a little legit, then they would be giving us updates - particularly about how long it will take them to release our funds. Poor customer communication, especially in time of transition, loses customers. Lack of interest in keeping us informed a) says they don't really care about us since they're not really an arbitrage business, and b) they're counting on us to keep hoping so we don't go ballistic.
I'm sorry for anyone who has lost funds, but I just don't think it's realistic to think that these guys are legit.
Re: btc-arbs.com - Daily ROI (0.01-10%) Update: Unauthorized withdrawal+site is dead
This is part of the problem with Bitcoin and one of the things we have to fix. Too many scams; too much uncertainty. I have a small investment on arbs and have been watching it grow with a gimlet eye. I was kind of thinking they would have a longer run than this, though. I agree with the commenters who say they'll leave BTC in if the site comes back. It won't prove they're honest, but if they are honest, this might encourage them to step up their game.
I'm curious about how much is at stake here. I'd ask everyone reading to post how much BTC or fiat they had sent. Please don't include any 'earnings,' only your principle investment.
Cheers, and luck to all of us.
I'm curious about how much is at stake here. I'd ask everyone reading to post how much BTC or fiat they had sent. Please don't include any 'earnings,' only your principle investment.
Cheers, and luck to all of us.
Hi All,
I was on the original list for 36 BTC under the name BTCWarrior. I settled for 6.7 BTC. I support a lawsuit and I encourage people who accepted TF's deal to join in too.
Right after the hack was made public, I was interested in keeping my money with CL, interest free, until TF was able to reorganize his business and get it running or liquidate it. I sent several emails with this offer and asked TF to let us know what his situation was so we could make an informed decision.
TF posted that he was having trouble collecting on his outstanding loans, I went after the four that he named and was able to get two of them to respond to me that they were in contact with him.
When TF settled with Dumbfruit, I felt betrayed and that a feeding frenzy had been touched off. Still, I offered what I thought was a fair return of funds. TF responded with an an offer that missed two payments into CL totalling more than 10 BTC. I sent back the correct number. TF then sent his final offer. I emailed several times trying to negotiate, and also once more made the offer to leave my money with CL if he was planning on reorganizing CL or needed more time to work on his outstanding loans.
After 24 hours had passed and I heard nothing back, I realized that this was a take-it-or-leave deal. I could not negotiate. I could not get information. It seemed like there was a feeding frenzy going on of people trying to get their money back and of TF haphazardly paying people. If I waited, I would lose it all. If I accepted, I could get at least a portion of this money, which is important for my family, back. Under duress, I settled.
It may be that I would be excluded from a settlement, but I also think it likely TF's mismanagement of this situation, and especially his lack of communication as to the real situation, will be ample grounds for stating that that agreement is null-and-void.
I was on the original list for 36 BTC under the name BTCWarrior. I settled for 6.7 BTC. I support a lawsuit and I encourage people who accepted TF's deal to join in too.
Right after the hack was made public, I was interested in keeping my money with CL, interest free, until TF was able to reorganize his business and get it running or liquidate it. I sent several emails with this offer and asked TF to let us know what his situation was so we could make an informed decision.
TF posted that he was having trouble collecting on his outstanding loans, I went after the four that he named and was able to get two of them to respond to me that they were in contact with him.
When TF settled with Dumbfruit, I felt betrayed and that a feeding frenzy had been touched off. Still, I offered what I thought was a fair return of funds. TF responded with an an offer that missed two payments into CL totalling more than 10 BTC. I sent back the correct number. TF then sent his final offer. I emailed several times trying to negotiate, and also once more made the offer to leave my money with CL if he was planning on reorganizing CL or needed more time to work on his outstanding loans.
After 24 hours had passed and I heard nothing back, I realized that this was a take-it-or-leave deal. I could not negotiate. I could not get information. It seemed like there was a feeding frenzy going on of people trying to get their money back and of TF haphazardly paying people. If I waited, I would lose it all. If I accepted, I could get at least a portion of this money, which is important for my family, back. Under duress, I settled.
It may be that I would be excluded from a settlement, but I also think it likely TF's mismanagement of this situation, and especially his lack of communication as to the real situation, will be ample grounds for stating that that agreement is null-and-void.
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
Hi folks,
Interesting product. I have been trying it out for the last few days and I'm afraid that I can't say I'm impressed, either by the performance of the bot or some of the arguments on the board.
I would give this a second look if:
-I could configure the profit window to show BTC profit/loss.
-I could filter out the rise of bitcoin as a measure of the bot's success. I want to see how successful this thing is over-and-above a buy-and-hold strategy.
-recommended and configurable settings for high and low volatility markets. It would be great if the bot could self-detect the change in market conditions and adapt.
A bot that loses me BTC while increasing my dollar holdings is only selling off BTC and calling it profit. I could do that without a bot.
Pablo, you have been very active on the boards and I appreciate that. I would be very willing to pay for a bot like this if I could see that it works with a reasonably high likelihood of success in increasing both my BTC and dollar holdings. In that case, I would pay because the thing would be paying for itself.
There may be some arcane set of settings that will achieve this, but to be honest, one reason to have a bot is that it can do it for me. If I have to work that hard, it's probably better that I just go back to staring at the charts.
I'll probably keep playing with this for another few days and then I am planning to post a review on my website. Please contact me if you have any relevant information.
Cheers,
BTCWarrior
Interesting product. I have been trying it out for the last few days and I'm afraid that I can't say I'm impressed, either by the performance of the bot or some of the arguments on the board.
I would give this a second look if:
-I could configure the profit window to show BTC profit/loss.
-I could filter out the rise of bitcoin as a measure of the bot's success. I want to see how successful this thing is over-and-above a buy-and-hold strategy.
-recommended and configurable settings for high and low volatility markets. It would be great if the bot could self-detect the change in market conditions and adapt.
A bot that loses me BTC while increasing my dollar holdings is only selling off BTC and calling it profit. I could do that without a bot.
Pablo, you have been very active on the boards and I appreciate that. I would be very willing to pay for a bot like this if I could see that it works with a reasonably high likelihood of success in increasing both my BTC and dollar holdings. In that case, I would pay because the thing would be paying for itself.
There may be some arcane set of settings that will achieve this, but to be honest, one reason to have a bot is that it can do it for me. If I have to work that hard, it's probably better that I just go back to staring at the charts.
I'll probably keep playing with this for another few days and then I am planning to post a review on my website. Please contact me if you have any relevant information.
Cheers,
BTCWarrior
Hi all,
Just my 2 cents again, but there is a lot of speculation about this being an inside job or that TF is sitting on a huge pile of loans that will be paid leaving him a millionaire.
First, I don't think this is a long con since if it was, why stick around, pay back a large amount of coins (even if it is pennies on the dollar) and let us all rail at him. This guy is an arrogant programmer with poor interpersonal skills. He is not a businessman and has no idea of his missed opportunity here.
Also, he isn't as good a programmer as he thought since he left a gaping hole in his security and then in his arrogance didn't move to protect his, and our, assets once the hack started. Criminal negligence, really.
Also, the information that came out after the hack makes it look like CL was in trouble even before the hack. Probably because of the run up in price, but ASICMINER shares were not proving to be the security that he, and we, thought they would be. The people he lent to were short on BTC themselves and became hard to contact and hard to collect from. I think that TF was hoping to cover costs with new deposits and then get everything sorted in the future, which is how a ponzi schemes get started.
The hack just short circuited the process. I am not sure how much a lawsuit is going to recoup for us, but at the very least we will find out what was really going on the backend of CL and Inputs and, most importantly, TF's identity. Someone who has done this should not be trusted in the community again
Just my 2 cents again, but there is a lot of speculation about this being an inside job or that TF is sitting on a huge pile of loans that will be paid leaving him a millionaire.
First, I don't think this is a long con since if it was, why stick around, pay back a large amount of coins (even if it is pennies on the dollar) and let us all rail at him. This guy is an arrogant programmer with poor interpersonal skills. He is not a businessman and has no idea of his missed opportunity here.
Also, he isn't as good a programmer as he thought since he left a gaping hole in his security and then in his arrogance didn't move to protect his, and our, assets once the hack started. Criminal negligence, really.
Also, the information that came out after the hack makes it look like CL was in trouble even before the hack. Probably because of the run up in price, but ASICMINER shares were not proving to be the security that he, and we, thought they would be. The people he lent to were short on BTC themselves and became hard to contact and hard to collect from. I think that TF was hoping to cover costs with new deposits and then get everything sorted in the future, which is how a ponzi schemes get started.
The hack just short circuited the process. I am not sure how much a lawsuit is going to recoup for us, but at the very least we will find out what was really going on the backend of CL and Inputs and, most importantly, TF's identity. Someone who has done this should not be trusted in the community again
1. @gaston909
2. @DumbFruit - tbc
3. @cobordism (reddit) - tbc
4. @thecoinjournal - tbc
5. @chaosfox - tbc
6. @Efflorescence
7. @TomJeff
8. @xorglub
9. @tehelsper
10. @shangata - tbc
11. wuala
Pls, add me to the email list!!
I have good feelings that this is going to have possitive results. Better than TF alms...
One fact: TF is missing since 11/20. No posts, nor 1Glados movements. Someone knocked at his door??
2. @DumbFruit - tbc
3. @cobordism (reddit) - tbc
4. @thecoinjournal - tbc
5. @chaosfox - tbc
6. @Efflorescence
7. @TomJeff
8. @xorglub
9. @tehelsper
10. @shangata - tbc
11. wuala
Pls, add me to the email list!!
I have good feelings that this is going to have possitive results. Better than TF alms...
One fact: TF is missing since 11/20. No posts, nor 1Glados movements. Someone knocked at his door??
Add my to the list as well please, I might not have been clear on my last post on the previous page
Hi all,
I settled for 6.79 btc, which is dismal. Please add me to the list above @manort.
Also, as before, I am preparing an article for my site regarding TF. Please let me know if you have any useful information.
I'll keep you in touch, some people are really looking for him and they are not happy.
Till now I have yet to get back my 76 bitcoins in CL and it's making me crazy.
Thanks. I look forward to any valid information. A
Also, I contacted Theymos about TF's trust rating. I got told that there is a problem with the algorithm and that he had fixed it for TF. TF is now showing a neg 187. Please go and leave a negative comment. At least he won't be able to capitalize on the relationships he built as TF. He'll have to start over, and if we really DOX him, this will follow him forever.
Just another note and then I will probably stop posting here to work on things on my own end.
A few days ago TF had a trust rating of -6 and there were scam warning under his name. Then, suddenly, it went to 11. Why is that? Then 12, and currently he has a trust rating of 13.
Obviously this trust system cannot be trusted. I would ask people to check out his trust score and leave the review that you think is appropriate.
EDIT: I contacted Theymos to ask about this. He replied that there are issues with the algorithm and that he had fixed that particular issue. TF now has a neg 186 rating. Thanks, Theymos!
A few days ago TF had a trust rating of -6 and there were scam warning under his name. Then, suddenly, it went to 11. Why is that? Then 12, and currently he has a trust rating of 13.
Obviously this trust system cannot be trusted. I would ask people to check out his trust score and leave the review that you think is appropriate.
EDIT: I contacted Theymos to ask about this. He replied that there are issues with the algorithm and that he had fixed that particular issue. TF now has a neg 186 rating. Thanks, Theymos!
Hello all,
I just received a refund of about 19% of my 35.5 investment back (including interest).
I had been one of TF's supporters here, but not any more.
TF came up with several innovative business ideas that had real potential. In the end, I think that CL was in trouble from defaults and in danger of becoming a ponzi scheme, though I do not think it started out as one. The hack, based on the information provided by Dumbfruit, shows both arrogance and sloppiness. TF had ample opportunity to protect his business and our funds and, for whatever reason, did not do so. There is a chance that he was part of the hack on himself, but I don't think so. I think he was arrogant and thought no one could be smarter than him.
I could forgive TF for the hack and even his mistakes in allowing it to happen. I cannot forgive the arrogant way he has treated his investors. This hack was an opportunity for TF. If he had come clean immediately, apologized for his role, and worked fairly with his investors, a great number of us would have continued to support him. CL is dead, but he might have thought of another businesses idea that we would get behind because we would know that this individual is a stand up guy.
Instead, it appears he has not tried to refund all inputs depositors. Then, when it came time to deal with the CL investors, he let it become a free-for-all of people trying to guess what the rules of his game were. He should have come up with a process-instead he made one up on the spot. He has said that he would only consider offers to cash out that protected other CL depositors. BS. At the end of the day, I believe wholeheartedly that TF is going to have thousands of bitcoin in his wallet. That is his goal.
I have agreed not to join any lawsuit against him or to make further claims. I no longer have a legal right to do so. If he had been humble, open, and honest, the amount I received would still hurt dearly, but I would accept it and wish him well. Because of his F-you attitude, I feel that he should be held to account.
I will be writing and posting on my website, bitcoinwarrior.net, an expose of TradeFortress. If anyone has any information that would be helpful to that article beyond what is written here, please email me at editor@bitcoinwarrior.net. If anyone has any more DOX information about him, please email me.
Further, for those who are considering a lawsuit, please email me. I would be happy to publicize your efforts, try to recruit more people who may not be following these boards, etc.
To TF: You can either be perfect, or humble. You are clearly not perfect given that you could have prevented this hack. You may think that you can ditch the TF handle and walk away clean, and you may be right. But, it may be that this finds a way to follow you for your whole career. I'll be doing my best to make sure it does.
I just received a refund of about 19% of my 35.5 investment back (including interest).
I had been one of TF's supporters here, but not any more.
TF came up with several innovative business ideas that had real potential. In the end, I think that CL was in trouble from defaults and in danger of becoming a ponzi scheme, though I do not think it started out as one. The hack, based on the information provided by Dumbfruit, shows both arrogance and sloppiness. TF had ample opportunity to protect his business and our funds and, for whatever reason, did not do so. There is a chance that he was part of the hack on himself, but I don't think so. I think he was arrogant and thought no one could be smarter than him.
I could forgive TF for the hack and even his mistakes in allowing it to happen. I cannot forgive the arrogant way he has treated his investors. This hack was an opportunity for TF. If he had come clean immediately, apologized for his role, and worked fairly with his investors, a great number of us would have continued to support him. CL is dead, but he might have thought of another businesses idea that we would get behind because we would know that this individual is a stand up guy.
Instead, it appears he has not tried to refund all inputs depositors. Then, when it came time to deal with the CL investors, he let it become a free-for-all of people trying to guess what the rules of his game were. He should have come up with a process-instead he made one up on the spot. He has said that he would only consider offers to cash out that protected other CL depositors. BS. At the end of the day, I believe wholeheartedly that TF is going to have thousands of bitcoin in his wallet. That is his goal.
I have agreed not to join any lawsuit against him or to make further claims. I no longer have a legal right to do so. If he had been humble, open, and honest, the amount I received would still hurt dearly, but I would accept it and wish him well. Because of his F-you attitude, I feel that he should be held to account.
I will be writing and posting on my website, bitcoinwarrior.net, an expose of TradeFortress. If anyone has any information that would be helpful to that article beyond what is written here, please email me at editor@bitcoinwarrior.net. If anyone has any more DOX information about him, please email me.
Further, for those who are considering a lawsuit, please email me. I would be happy to publicize your efforts, try to recruit more people who may not be following these boards, etc.
To TF: You can either be perfect, or humble. You are clearly not perfect given that you could have prevented this hack. You may think that you can ditch the TF handle and walk away clean, and you may be right. But, it may be that this finds a way to follow you for your whole career. I'll be doing my best to make sure it does.
Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available
Hi TradeFortress,
I sent an email confirming my deposit history and my intention to accept a settlement. I look forward seeing a response to my email.
Thanks
I sent an email confirming my deposit history and my intention to accept a settlement. I look forward seeing a response to my email.
Thanks
Thanks plugging away, Dumbfruit. I am happy to hear that TF got back to you with some specifics. Hopefully that means he is meaning to make good to the best of his abilities. I do wish that he would give that as a specific reassurance.
Hi all,
In the light of a lack of a clear statement from TF stating his commitment to repay his depositors to the best of his ability, it is getting harder to write posts like this.
However, I always assumed it was not going to be possible for TF to be able to get all his debtors to pay him back immediately. It also makes sense to me that he would be trying to collect a significant pool before beginning to distribute. If this is the case, then I am willing to give him the room that he needs to work and be grateful that I get anything back.
Personally, I don't think that TF should be making his full accounts public just yet. It does seem that he is trying to hide his own poor judgement (single point of failure, lending to businesses with exchange risk, etc), and may be trying to hide the fact that CL might have been in trouble even before the hack given that ASICMINER shares had plummeted and his debtors had been apparently defaulting.
Even these things I can forgive as it was me who decided to invest in a business that had "this is not real" plastered all over it, run by a guy who would not reveal his true identity. I didn't expect a JP Morgan level of competence (oops).
What is getting harder to forgive is after failing to send out the mass email as promised last week, there has been no new timeline for when we can expect an accounting of the situation and, most especially, a statement that he is committed to recouping and distributing to the depositors as many bitcoins as possible. At this point, I am not expecting everything back, but every last bitcoin would help.
To TF: There is a lot of anxiety out here and this hack has created a lot of hardship for a lot of your depositors. Please respect the trust we placed in you and communicate clearly with us what is going on and what you intend to do. It is the responsible thing to do.
To other depositors and people who have relevant information about TF, Coinlenders, and the Inputs hack, I am begin to research and article which will be posted on my website bitcoinwarrior.net. If you have any information that you think should be included, please contact me at editor@bitcoinwarrior.net.
In the light of a lack of a clear statement from TF stating his commitment to repay his depositors to the best of his ability, it is getting harder to write posts like this.
However, I always assumed it was not going to be possible for TF to be able to get all his debtors to pay him back immediately. It also makes sense to me that he would be trying to collect a significant pool before beginning to distribute. If this is the case, then I am willing to give him the room that he needs to work and be grateful that I get anything back.
Personally, I don't think that TF should be making his full accounts public just yet. It does seem that he is trying to hide his own poor judgement (single point of failure, lending to businesses with exchange risk, etc), and may be trying to hide the fact that CL might have been in trouble even before the hack given that ASICMINER shares had plummeted and his debtors had been apparently defaulting.
Even these things I can forgive as it was me who decided to invest in a business that had "this is not real" plastered all over it, run by a guy who would not reveal his true identity. I didn't expect a JP Morgan level of competence (oops).
What is getting harder to forgive is after failing to send out the mass email as promised last week, there has been no new timeline for when we can expect an accounting of the situation and, most especially, a statement that he is committed to recouping and distributing to the depositors as many bitcoins as possible. At this point, I am not expecting everything back, but every last bitcoin would help.
To TF: There is a lot of anxiety out here and this hack has created a lot of hardship for a lot of your depositors. Please respect the trust we placed in you and communicate clearly with us what is going on and what you intend to do. It is the responsible thing to do.
To other depositors and people who have relevant information about TF, Coinlenders, and the Inputs hack, I am begin to research and article which will be posted on my website bitcoinwarrior.net. If you have any information that you think should be included, please contact me at editor@bitcoinwarrior.net.
Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available
I wholeheartedly agree. We need to let them know that walking away from their CoinLenders debt will follow them into their other businesses.
Whereas I agree about the legal actions, if he is brought under lawsuit we can basically kiss our losses goodbye, I must respectfully disagree about the debtors.
From the sounds of it, they are going out of their way to not address TF's emails/PM's. I think we can all basically agree that everyone that he mentioned earlier is on this board everyday and for them to claim that it has been this long and they, "just haven't noticed what happened" would be an outright lie. They are purposefully ignoring his requests and if we as a community can put some pressure on them to get in contact and work out some form of repayment schedule, then I think that is a good course of action, as we have the power to hurt their lively hood by taking business away which they do not want, otherwise their does not seem to be much recourse for not honoring their debts.
I'm not sure if ganging up on TF's debtors is the best course of action right now, especially if they've also lost funds in Inputs. I see it as if he's just trying to shift some of the blame. Requesting information and politely ask for them to repay their loans, yes. But boycotts and threats of legal action should be the last recourse, especially given how Bitcoin is currently seen by the law.
I fear nobody will get to see their money at all if TF is brought to a class-action lawsuit (How the hell would it be settled?) and any remaining funds are seized, and even if it's purely out of spite, they'll be just in to increase their losses.
I fear nobody will get to see their money at all if TF is brought to a class-action lawsuit (How the hell would it be settled?) and any remaining funds are seized, and even if it's purely out of spite, they'll be just in to increase their losses.
Whereas I agree about the legal actions, if he is brought under lawsuit we can basically kiss our losses goodbye, I must respectfully disagree about the debtors.
From the sounds of it, they are going out of their way to not address TF's emails/PM's. I think we can all basically agree that everyone that he mentioned earlier is on this board everyday and for them to claim that it has been this long and they, "just haven't noticed what happened" would be an outright lie. They are purposefully ignoring his requests and if we as a community can put some pressure on them to get in contact and work out some form of repayment schedule, then I think that is a good course of action, as we have the power to hurt their lively hood by taking business away which they do not want, otherwise their does not seem to be much recourse for not honoring their debts.
Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available
Hi all,
I have sent all of the people TF highlighted messages letting them know that I am interested in writing an article for my website (bitcoinwarrior.net), something like "the anatomy of a bitcoin hack" for my website. I have said that if they are not communicating with TF about their debts that I would be including their businesses as ones that are questionable, liable to scams and frauds, given that they do not honor their debts.
I have also sent an email to TF asking if he has done anything to see if we could identify the hackers. It seems that those BTC have been moved around. It might be possible to tie some of those addresses to a name. It would still probably be impossible to get the BTC back, but it might make future hackers a little more wary if they can be exposed and shamed. I am not technical enough to know about this, but if anyone has any expertise, please let me know.
The situation is dire, but I don't feel like crying into my pillow just yet.
I have sent all of the people TF highlighted messages letting them know that I am interested in writing an article for my website (bitcoinwarrior.net), something like "the anatomy of a bitcoin hack" for my website. I have said that if they are not communicating with TF about their debts that I would be including their businesses as ones that are questionable, liable to scams and frauds, given that they do not honor their debts.
I have also sent an email to TF asking if he has done anything to see if we could identify the hackers. It seems that those BTC have been moved around. It might be possible to tie some of those addresses to a name. It would still probably be impossible to get the BTC back, but it might make future hackers a little more wary if they can be exposed and shamed. I am not technical enough to know about this, but if anyone has any expertise, please let me know.
The situation is dire, but I don't feel like crying into my pillow just yet.
I am reposting here from the other thread in the hopes that TF reads it.
Hi all,
My 2 cents, which is all the investment I have left after this debacle.
Dumbfruit, I don't think it is time yet for a suit. There may be some possibility still of us getting something back. TF has acted irresponsibly; even better communication would have gone a long way. But, he is still communicating and does seen to be intent on getting something back for his investors. Also, just as I thought, when things got tough, the people who he relied on suddenly got real quiet.
Given a bit more time, FT might be able to scrape something together to make us feel like we got something back. Put him on the wrong side of a lawsuit and there won't BE anything to get back. On the other hand, if we give him this chance and he renigs, I'll join a suit just for spite.
To TradeFortress. You promised a mass email. I think you made this promise when you thought you could get payment or promise of payments and make a plan of how and how much we would get reimbursed. I am happy you tried and continue to try.
I do think you should make better use of the community here to try to get payment from your non-responders. If they are renigging on you, they are bad businesses and informing the public is a service. You have partly done that today. Do it more. Let us be your partners in this. You also said that some of your debtors are having trouble because of the exchange rate. It is my entirely uninformed opinion that this run up is going to crash hard. Talk with them about making good after a crash. Tell them to just keep making payments as normal!
One thing to do also is see if there are people willing to cash out now for a steep haircut and those willing to let their BTC sit with you while you get the debtors to make good. If you could make a reasonable guarantee that in six months I could get, say 80% as opposed to 20% today, I might consider my options and feel well served. Not happy, mind you, but at least respected and not desparate, which is kind of the feeling I have right now.
I hope you also getting people to try to find the hackers. If you asked for help with this, you never know what might happen. Getting the coins back might be a different thing, but finding out who they are... Consider putting a bounty up.
You still have people here who would be patient and help you if you asked and if you were more forthcoming. You have yourself admitted that you messed up big, so if there are any more revelations, they shouldn't sting as bad.
I do also think that you must write the email you promised and not just a post here. This is important because you are making us come looking for you. Take the initiative and be in touch with us. Do include a sit-rep and do be realistic. We already know this sucks, so tell us how bad instead of making us guess. Do tell us when and how much we'll be able to get back. You don't really know, I know; but give a range going from poor to ok case scenario. If it turns out better, yay. But not getting hopes up is important too.
If you want help in pressuring creditors and in asking for help tracking down the bad guys, I would let you use my website, bitcoinwarrior.net, as a place to post calls to action and updates.
This loss has really hurt me. If is my fault for investing it and I take responsibility for making that decision. I am, however, interested in making back what I can. If I can help you in the process, well that ok too.
Edited for clarity and iphone fingers.
My 2 cents, which is all the investment I have left after this debacle.
Dumbfruit, I don't think it is time yet for a suit. There may be some possibility still of us getting something back. TF has acted irresponsibly; even better communication would have gone a long way. But, he is still communicating and does seen to be intent on getting something back for his investors. Also, just as I thought, when things got tough, the people who he relied on suddenly got real quiet.
Given a bit more time, FT might be able to scrape something together to make us feel like we got something back. Put him on the wrong side of a lawsuit and there won't BE anything to get back. On the other hand, if we give him this chance and he renigs, I'll join a suit just for spite.
To TradeFortress. You promised a mass email. I think you made this promise when you thought you could get payment or promise of payments and make a plan of how and how much we would get reimbursed. I am happy you tried and continue to try.
I do think you should make better use of the community here to try to get payment from your non-responders. If they are renigging on you, they are bad businesses and informing the public is a service. You have partly done that today. Do it more. Let us be your partners in this. You also said that some of your debtors are having trouble because of the exchange rate. It is my entirely uninformed opinion that this run up is going to crash hard. Talk with them about making good after a crash. Tell them to just keep making payments as normal!
One thing to do also is see if there are people willing to cash out now for a steep haircut and those willing to let their BTC sit with you while you get the debtors to make good. If you could make a reasonable guarantee that in six months I could get, say 80% as opposed to 20% today, I might consider my options and feel well served. Not happy, mind you, but at least respected and not desparate, which is kind of the feeling I have right now.
I hope you also getting people to try to find the hackers. If you asked for help with this, you never know what might happen. Getting the coins back might be a different thing, but finding out who they are... Consider putting a bounty up.
You still have people here who would be patient and help you if you asked and if you were more forthcoming. You have yourself admitted that you messed up big, so if there are any more revelations, they shouldn't sting as bad.
I do also think that you must write the email you promised and not just a post here. This is important because you are making us come looking for you. Take the initiative and be in touch with us. Do include a sit-rep and do be realistic. We already know this sucks, so tell us how bad instead of making us guess. Do tell us when and how much we'll be able to get back. You don't really know, I know; but give a range going from poor to ok case scenario. If it turns out better, yay. But not getting hopes up is important too.
If you want help in pressuring creditors and in asking for help tracking down the bad guys, I would let you use my website, bitcoinwarrior.net, as a place to post calls to action and updates.
This loss has really hurt me. If is my fault for investing it and I take responsibility for making that decision. I am, however, interested in making back what I can. If I can help you in the process, well that ok too.
Edited for clarity and iphone fingers.
Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available
Hi all,
My 2 cents, which is all the investment I have left after this debacle.
Dumbfruit, I don't think it is time yet for a suit. There may be some possibility still of us getting something back. TF has acted irresponsibly; even better communication would have gone a long way. But, he is still communicating and does seen to be intent on getting something back for his investors. Also, just as I thought, when things got tough, the people who he relied on suddenly got real quiet.
Given a bit more time, FT might be able to scrape something together to make us feel like we got something back. Put him on the wrong side of a lawsuit and there won't BE anything to get back. On the other hand, if we give him this chance and he renigs, I'll join a suit just for spite.
To TradeFortress. You promised a mass email. I think you made this promise when you thought you could get payment or promise of payments and make a plan of how and how much we would get reimbursed. I am happy you tried and continue to try.
I do think you should make better use of the community here to try to get payment from your non-responders. If they are renigging on you, they are bad businesses and informing the public is a service. You have partly done that today. Do it more. Let us be your partners in this. You also said that some of your debtors are having trouble because of the exchange rate. It is my entirely uninformed opinion that this run up is going to crash hard. Talk with them about making good after a crash. Tell them to just keep making payments as normal!
One thing to do also is see if there are people willing to cash out now for a steep haircut and those willing to let their BTC sit with you while you get the debtors to make good. If you could make a reasonable guarantee that in six months I could get, say 80% as opposed to 20% today, I might consider my options and feel well served. Not happy, mind you, but at least respected and not desparate, which is kind of the feeling I have right now.
I hope you also getting people to try to find the hackers. If you asked for help with this, you never know what might happen. Getting the coins back might be a different thing, but finding out who they are... Consider putting a bounty up.
You still have people here who would be patient and help you if you asked and if you were more forthcoming. You have yourself admitted that you messed up big, so if there are any more revelations, they shouldn't sting as bad.
I do also think that you must write the email you promised and not just a post here. This is important because you are making us come looking for you. Take the initiative and be in touch with us. Do include a sit-rep and do be realistic. We already know this sucks, so tell us how bad instead of making us guess. Do tell us when and how much we'll be able to get back. You don't really know, I know; but give a range going from poor to ok case scenario. If it turns out better, yay. But not getting hopes up is important too.
If you want help in pressuring creditors and in asking for help tracking down the bad guys, I would let you use my website, bitcoinwarrior.net, as a place to post calls to action and updates.
This loss has really hurt me. If is my fault for investing it and I take responsibility for making that decision. I am, however, interested in making back what I can. If I can help you in the process, well that ok too.
Edited for clarity and iphone fingers.
My 2 cents, which is all the investment I have left after this debacle.
Dumbfruit, I don't think it is time yet for a suit. There may be some possibility still of us getting something back. TF has acted irresponsibly; even better communication would have gone a long way. But, he is still communicating and does seen to be intent on getting something back for his investors. Also, just as I thought, when things got tough, the people who he relied on suddenly got real quiet.
Given a bit more time, FT might be able to scrape something together to make us feel like we got something back. Put him on the wrong side of a lawsuit and there won't BE anything to get back. On the other hand, if we give him this chance and he renigs, I'll join a suit just for spite.
To TradeFortress. You promised a mass email. I think you made this promise when you thought you could get payment or promise of payments and make a plan of how and how much we would get reimbursed. I am happy you tried and continue to try.
I do think you should make better use of the community here to try to get payment from your non-responders. If they are renigging on you, they are bad businesses and informing the public is a service. You have partly done that today. Do it more. Let us be your partners in this. You also said that some of your debtors are having trouble because of the exchange rate. It is my entirely uninformed opinion that this run up is going to crash hard. Talk with them about making good after a crash. Tell them to just keep making payments as normal!
One thing to do also is see if there are people willing to cash out now for a steep haircut and those willing to let their BTC sit with you while you get the debtors to make good. If you could make a reasonable guarantee that in six months I could get, say 80% as opposed to 20% today, I might consider my options and feel well served. Not happy, mind you, but at least respected and not desparate, which is kind of the feeling I have right now.
I hope you also getting people to try to find the hackers. If you asked for help with this, you never know what might happen. Getting the coins back might be a different thing, but finding out who they are... Consider putting a bounty up.
You still have people here who would be patient and help you if you asked and if you were more forthcoming. You have yourself admitted that you messed up big, so if there are any more revelations, they shouldn't sting as bad.
I do also think that you must write the email you promised and not just a post here. This is important because you are making us come looking for you. Take the initiative and be in touch with us. Do include a sit-rep and do be realistic. We already know this sucks, so tell us how bad instead of making us guess. Do tell us when and how much we'll be able to get back. You don't really know, I know; but give a range going from poor to ok case scenario. If it turns out better, yay. But not getting hopes up is important too.
If you want help in pressuring creditors and in asking for help tracking down the bad guys, I would let you use my website, bitcoinwarrior.net, as a place to post calls to action and updates.
This loss has really hurt me. If is my fault for investing it and I take responsibility for making that decision. I am, however, interested in making back what I can. If I can help you in the process, well that ok too.
Edited for clarity and iphone fingers.