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Alleged Bitcoin scam leaves millions missing

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  • Russian Rocket
    SBR Aristocracy
    • 09-02-12
    • 43910

    #106
    That's not the logic that I've been using at all. Bookmaking or not bookmaking industry - it's not safe to have your money invested in this shit...period. This article gives you a small example onto why it's not safe.

    I'm not sure how else I can explain this to ya.
    Comment
    • Russian Rocket
      SBR Aristocracy
      • 09-02-12
      • 43910

      #107
      Originally posted by Hareeba!
      I suggest you read the name of site and the forums within it before posting.
      So what does any of this story have to do with sportsbooks or the gambling industry which this forum is all about?
      I opened the thread wondering if there was some connection with a sportsbook or gambling syndicate. But clearly nothing of the sort. Just a lot of silly talk about investment in btc. Find an investment site to ramble on about that.

      Oh, and about those personal insults. They say more about you than I and do nothing for your argument.
      child you're lost...call your mom from another room and ask her to cut off your internet for today
      we've been having discussions about BTC on this forum for months now, while you, the silly kid, all this time were too busy picking boogers out of your nose

      like I said earlier, DO come back in this thread ONLY when your IQ hits the room temperature - you're not there yet
      Comment
      • Russian Rocket
        SBR Aristocracy
        • 09-02-12
        • 43910

        #108
        Originally posted by Seaweed
        Anzhi Makhachkala vs Sibir

        i have Anzhi to win at -333

        with a draw i get money back

        what you think?
        no idea Seaweed...when is the game?
        Comment
        • Seaweed
          BARRELED IN @ SBR!
          • 01-19-12
          • 26320

          #109
          Originally posted by Russian Rocket
          no idea Seaweed...when is the game?
          In 20 minutes
          Comment
          • Russian Rocket
            SBR Aristocracy
            • 09-02-12
            • 43910

            #110
            Originally posted by Seaweed
            In 20 minutes
            I don't see anything in 20min...but anyway I'm not following this matchup regardless
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 62985

              #111
              Originally posted by Russian Rocket
              That's not the logic that I've been using at all. Bookmaking or not bookmaking industry - it's not safe to have your money invested in this shit...period. This article gives you a small example onto why it's not safe.

              I'm not sure how else I can explain this to ya.
              I think we are just viewing that article differently. I don't see it as any warning against using Bitcoin. Just that a scam in Hong Kong attracted people with promises of silly returns on their Bitcoin investment scheme. The same way a sports gambling HYIP offers silly returns to attract the greedy/ill-informed/stupid people to that.

              And you know these people fall into that group as they are screaming that Hong Kong should ban Bitcoin. God forbid they should take any personal responsibility for for choosing to invest in something that is reported to be have been widely called a scam for a long time. Or stop to wonder why they think something should be banned today that they wanted to be invested in last week.

              It may not be safe to invest in, but this article does not prove anything either way in that regard for mine.
              .
              Comment
              • Russian Rocket
                SBR Aristocracy
                • 09-02-12
                • 43910

                #112
                Originally posted by Optional
                I think we are just viewing that article differently. I don't see it as any warning against using Bitcoin. Just that a scam in Hong Kong attracted people with promises of silly returns on their Bitcoin investment scheme. The same way a sports gambling HYIP offers silly returns to attract the greedy/ill-informed/stupid people to that.

                And you know these people fall into that group as they are screaming that Hong Kong should ban Bitcoin. God forbid they should take any personal responsibility for for choosing to invest in something that is reported to be have been widely called a scam for a long time. Or stop to wonder why they think something should be banned today that they wanted to be invested in last week.

                It may not be safe to invest in, but this article does not prove anything either way in that regard for mine.
                Well, that goes without saying that those people are dumbasses.
                But when you get this industry regulated (if it ever happens) by some authority, it will be a lot harder to pull a scam like that.
                If it happens, you'll only have a limited amount of legit shops, that everyone will know, trust and use...you'll also be able to somehow protect your investment...maybe buy an insurance policy of some sort, I don't know...and that's when it will be OK in my book to start using bitcoin as a service.

                This whole bitcoin industry right now reminds me of this Programming Methodology called "Cowboy Coding".
                Without a real structured development process, you basically give your Coder/Developer the freedom to do whatever the fk he wants, as long as he completes the project on time. This guy would normally work with minimal process and discipline. He will get the job done, but very few people around him would know how he got it done.

                Unfortunately Cowboy coding only works in real life for small projects and only the projects that have an experimental nature.

                If Bitcoin industry wants to be taken seriously, then some sort of the regulation processes need to take place. People need to feel safe to put their money into this shit. I personally don't feel safe right now putting my money into BTC even for a day...forget day...even for a minute.
                Comment
                • Hareeba!
                  BARRELED IN @ SBR!
                  • 07-01-06
                  • 33200

                  #113
                  Originally posted by Russian Rocket
                  child you're lost...call your mom from another room and ask her to cut off your internet for today
                  we've been having discussions about BTC on this forum for months now, while you, the silly kid, all this time were too busy picking boogers out of your nose

                  like I said earlier, DO come back in this thread ONLY when your IQ hits the room temperature - you're not there yet
                  Child!? LOL.
                  I'd wager I'm old enough to be your grandfather!

                  Discussions on using btc for moving funds to bookies is a valid subject for this forum.
                  What you posted and ongoing discussion about the merit of "investing" in it isn't.

                  I'll let others reading this waste of space of a thread decide who's making the more sense.
                  Comment
                  • Russian Rocket
                    SBR Aristocracy
                    • 09-02-12
                    • 43910

                    #114
                    Originally posted by Hareeba!
                    Child!? LOL.
                    I'd wager I'm old enough to be your grandfather!

                    Discussions on using btc for moving funds to bookies is a valid subject for this forum.
                    What you posted and ongoing discussion about the merit of "investing" in it isn't.

                    I'll let others reading this waste of space of a thread decide who's making the more sense.
                    if you're old enough to be my grandfather, then stop acting like a little 5 year old girl.
                    As I've mentioned to you earlier, hundreds of posters here enjoy talking about BTC on this forum...we have numerous threads in PT that cover various BTC related topics.

                    So let me ask you this...Do you really think we're going to stop talking about bitcoins here, just because today one dumbass who goes by the name Ha-fukkin-reeba! decided that it's time for him to whine and moan about things that he doesn't want to see on this forum?



                    And just a side note: If you're claiming to be old enough to be our grandfather here...for fukks sake stop saying LOL
                    Comment
                    • Seaweed
                      BARRELED IN @ SBR!
                      • 01-19-12
                      • 26320

                      #115
                      Popcorn
                      Comment
                      • Hareeba!
                        BARRELED IN @ SBR!
                        • 07-01-06
                        • 33200

                        #116
                        Originally posted by Russian Rocket
                        if you're old enough to be my grandfather, then stop acting like a little 5 year old girl.
                        As I've mentioned to you earlier, hundreds of posters here enjoy talking about BTC on this forum...we have numerous threads in PT that cover various BTC related topics.

                        So let me ask you this...Do you really think we're going to stop talking about bitcoins here, just because today one dumbass who goes by the name Ha-fukkin-reeba! decided that it's time for him to whine and moan about things that he doesn't want to see on this forum?



                        And just a side note: If you're claiming to be old enough to be our grandfather here...for fukks sake stop saying LOL
                        I suggest you take a course in reading comprehension.
                        I've never said not to discuss bitcoins.
                        But keep it to their relevance and their utility for punting purposes.
                        If you wish to discuss their merits as an investment go find an appropriate forum. This ain't it.
                        Is that simple enough for you to comprehend?
                        Comment
                        • JuicedUp
                          SBR MVP
                          • 01-20-10
                          • 3396

                          #117
                          is bitcoin doomed?
                          Comment
                          • Seaweed
                            BARRELED IN @ SBR!
                            • 01-19-12
                            • 26320

                            #118
                            Who's punting?
                            Comment
                            • Russian Rocket
                              SBR Aristocracy
                              • 09-02-12
                              • 43910

                              #119
                              Originally posted by Hareeba!
                              I suggest you take a course in reading comprehension.
                              I've never said not to discuss bitcoins.
                              But keep it to their relevance and their utility for punting purposes.
                              If you wish to discuss their merits as an investment go find an appropriate forum. This ain't it.
                              Is that simple enough for you to comprehend?
                              Hareeba, CLOWN, why do you think that ANYONE, including myself should over sudden follow your rules on what we can or cannot post here? Do you really think that just because your sorry face didn't like the topic of this thread, we would somehow try to cherry pick our posting material going forward to accommodate your needs? I'm literally laughing my ass off right now
                              I love how you brushed off the fact that I've told you that SBR John was one of the first ones who started to talk here about investing BTC. Do you have your fukking reading goggles on old man? Let me repeat this one more time for you - INVESTING in BTC...not fkn gambling with this shit.

                              As I've told you before, if you don't like to read this type of threads - don't click on it. If it's still bothers you that much -find another forum. This is not the place where you can act like a fkn BITCH just because you don't like some topics that the rest of us like to post about.

                              Is that simple enough for you to comprehend?
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388208

                                #120
                                Bitcoin been in a flat range the last 2 weeks

                                Its not usually like that
                                Comment
                                • NoRespect
                                  SBR High Roller
                                  • 01-19-15
                                  • 180

                                  #121
                                  Originally posted by jjgold
                                  Bitcoin been in a flat range the last 2 weeks

                                  Its not usually like that

                                  So it is safe to say that this time this alleged theft had no ill effect on the price of a bitcoin. Making bitcoins a relatively safe banking method for Americans playing into offshore sportsbooks and this Chicken Little 'the sky is falling' is just internet bluster having no consequences for us sports gamblers.
                                  Comment
                                  • Russian Rocket
                                    SBR Aristocracy
                                    • 09-02-12
                                    • 43910

                                    #122
                                    Originally posted by NoRespect
                                    So it is safe to say that this time this alleged theft had no ill effect on the price of a bitcoin. Making bitcoins a relatively safe banking method for Americans playing into offshore sportsbooks and this Chicken Little 'the sky is falling' is just internet bluster having no consequences for us sports gamblers.
                                    BTC lost about 30% of its value between Jan 26th and Feb 1st...I'm sure you have a good explanation for that price movement.
                                    And since you're saying that BTCs are relatively safe, I have no doubt that you can explain to the rest of us why BTC should go up, down or stay flat in the near future.

                                    Comment
                                    • jjgold
                                      SBR Aristocracy
                                      • 07-20-05
                                      • 388208

                                      #123
                                      It seems like the downward movements are much bigger than the upward movements therefore the price gradually keep slipping lower and lower
                                      Comment
                                      • NoRespect
                                        SBR High Roller
                                        • 01-19-15
                                        • 180

                                        #124
                                        Originally posted by Russian Rocket
                                        BTC lost about 30% of its value between Jan 26th and Feb 1st...I'm sure you have a good explanation for that price movement.
                                        And since you're saying that BTCs are relatively safe, I have no doubt that you can explain to the rest of us why BTC should go up, down or stay flat in the near future.


                                        There you go changing the real point of this narrow subject matter of using bitcoins for offshore banking between gambler and book whereas the ownership of bitcoins is very short in duration, even less than an hour in many cases. I hope you enjoy your trolling.
                                        Comment
                                        • Russian Rocket
                                          SBR Aristocracy
                                          • 09-02-12
                                          • 43910

                                          #125
                                          Originally posted by NoRespect
                                          There you go changing the real point of this narrow subject matter of using bitcoins for offshore banking between gambler and book whereas the ownership of bitcoins is very short in duration, even less than an hour in many cases. I hope you enjoy your trolling.
                                          Trolling? Do you want me to show you the screenshots of BTC graphs that are showing a price drop by 10-15% in the matter of minutes? Are you really that naive or just misinformed?

                                          Read my original post one more time, read the rest of the posts that I've made in this thread and then get back to me.

                                          As I've stated many times here before, I'm neutral when it comes to BTC.
                                          If this shit works for you and you feel safe - I'm happy for you.


                                          and WTF is "relatively safe"? how the fukk do you measure that?
                                          Comment
                                          • Hareeba!
                                            BARRELED IN @ SBR!
                                            • 07-01-06
                                            • 33200

                                            #126
                                            Originally posted by Russian Rocket
                                            Hareeba, CLOWN, why do you think that ANYONE, including myself should over sudden follow your rules on what we can or cannot post here? Do you really think that just because your sorry face didn't like the topic of this thread, we would somehow try to cherry pick our posting material going forward to accommodate your needs? I'm literally laughing my ass off right now
                                            I love how you brushed off the fact that I've told you that SBR John was one of the first ones who started to talk here about investing BTC. Do you have your fukking reading goggles on old man? Let me repeat this one more time for you - INVESTING in BTC...not fkn gambling with this shit.

                                            As I've told you before, if you don't like to read this type of threads - don't click on it. If it's still bothers you that much -find another forum. This is not the place where you can act like a fkn BITCH just because you don't like some topics that the rest of us like to post about.

                                            Is that simple enough for you to comprehend?
                                            Hey, why not go find an investment forum and try posting about using bitcoins for funding sportsbook accounts and see what reaction you get?
                                            Comment
                                            • Russian Rocket
                                              SBR Aristocracy
                                              • 09-02-12
                                              • 43910

                                              #127
                                              Originally posted by Hareeba!
                                              Hey, why not go find an investment forum and try posting about using bitcoins for funding sportsbook accounts and see what reaction you get?
                                              Hey, why not simply go shut your fukking yap and try to stop being such a fragile byatch?
                                              Comment
                                              • Hareeba!
                                                BARRELED IN @ SBR!
                                                • 07-01-06
                                                • 33200

                                                #128
                                                Originally posted by Russian Rocket
                                                Hey, why not simply go shut your fukking yap and try to stop being such a fragile byatch?
                                                yeah, abuse always works when logic fails one eh?
                                                Comment
                                                • Russian Rocket
                                                  SBR Aristocracy
                                                  • 09-02-12
                                                  • 43910

                                                  #129
                                                  Originally posted by Hareeba!
                                                  yeah, abuse always works when logic fails one eh?
                                                  I gave you an example of SBR owner creating threads here about investing in BTC...you ignored it not once, but twice

                                                  I bet you have nothing to say about it, or do you.... ehhh?


                                                  fold your shit old man and gtfo...you're not gonna win this fight

                                                  and to make you even more upset - I'm going to go ahead and fukking create another BTC investing thread here tomorrow...stay tuned dumbfukk
                                                  Comment
                                                  • Hareeba!
                                                    BARRELED IN @ SBR!
                                                    • 07-01-06
                                                    • 33200

                                                    #130
                                                    Originally posted by Russian Rocket
                                                    I gave you an example of SBR owner creating threads here about investing in BTC...you ignored it not once, but twice

                                                    I bet you have nothing to say about it, or do you.... ehhh?


                                                    fold your shit old man and gtfo...you're not gonna win this fight

                                                    and to make you even more upset - I'm going to go ahead and fukking create another BTC investing thread here tomorrow...stay tuned dumbfukk
                                                    I can't comment on threads I'm not familiar with.
                                                    Maybe I even followed your "advice" and didn't open them?

                                                    All the abuse making you feel better is it?
                                                    Comment
                                                    • Russian Rocket
                                                      SBR Aristocracy
                                                      • 09-02-12
                                                      • 43910

                                                      #131
                                                      Originally posted by Hareeba!
                                                      I can't comment on threads I'm not familiar with.
                                                      Maybe I even followed your "advice" and didn't open them?

                                                      All the abuse making you feel better is it?
                                                      the short answer is Да
                                                      Comment
                                                      • Hareeba!
                                                        BARRELED IN @ SBR!
                                                        • 07-01-06
                                                        • 33200

                                                        #132
                                                        Originally posted by Russian Rocket
                                                        the short answer is Да
                                                        I'm happy for you.
                                                        Comment
                                                        • masta bettor
                                                          SBR Rookie
                                                          • 02-12-15
                                                          • 18

                                                          #133
                                                          Can we get this thread back on topic?

                                                          thanks.

                                                          I'm a regular bitcoin user and can't understand why more people don't use it as a method for moving funds to/from sportsbooks.

                                                          I see alot of fear being spread by the non believers of bitcoin. This thing could go to $10k a coin or it could bust out. No one really knows at this point.

                                                          Bitcoin as an investment is as high risk as it gets obviously but with great risk their could be great reward.

                                                          Comment
                                                          • Hareeba!
                                                            BARRELED IN @ SBR!
                                                            • 07-01-06
                                                            • 33200

                                                            #134
                                                            Originally posted by masta bettor
                                                            Can we get this thread back on topic?

                                                            thanks.

                                                            I'm a regular bitcoin user and can't understand why more people don't use it as a method for moving funds to/from sportsbooks.

                                                            I see alot of fear being spread by the non believers of bitcoin. This thing could go to $10k a coin or it could bust out. No one really knows at this point.

                                                            Bitcoin as an investment is as high risk as it gets obviously but with great risk their could be great reward.

                                                            "back on topic"?
                                                            So which topic might that be mate?

                                                            You went on to mention two:
                                                            1. the use of bitcoin for moving funds to/from sportsbooks, and
                                                            2. the investment merits of bitcoin

                                                            May I point out neither of those is what this thread's opening post was about?
                                                            So they fail the test of being "on topic".

                                                            Of those three separate topics, only one is relevant to this Forum, i.e. yours regarding the use of bitcoin with sportsbooks.

                                                            The other two topics which no doubt have interest to some people really have no relevance at all to what this Forum is about.

                                                            So, I'll respond to the only item relevant to this Forum (though not to the topic of this thread).

                                                            I agree with you that it seems odd that more US players aren't using bitcoin with their sportsbooks. It does seem a perfect solution for those who want to deal with bookies where the use of traditional currencies is rendered difficult and/or expensive.

                                                            Personally I don't because a) I'm not in the US, b) I avoid using sportsbooks which service US customers and c) I've never discovered a use for bitcoin which provides me with any advantage over using traditional currency.
                                                            Comment
                                                            • Russian Rocket
                                                              SBR Aristocracy
                                                              • 09-02-12
                                                              • 43910

                                                              #135


                                                              an idiot bashes the thread for 12h, then out of the blue chimes in with his retarded opinion

                                                              bitch stop reading this thread before you go blind
                                                              Comment
                                                              • masta bettor
                                                                SBR Rookie
                                                                • 02-12-15
                                                                • 18

                                                                #136
                                                                Originally posted by Hareeba!
                                                                Child!? LOL.
                                                                I'd wager I'm old enough to be your grandfather!

                                                                Discussions on using btc for moving funds to bookies is a valid subject for this forum.
                                                                What you posted and ongoing discussion about the merit of "investing" in it isn't.

                                                                I'll let others reading this waste of space of a thread decide who's making the more sense.
                                                                Originally posted by Hareeba!
                                                                I suggest you take a course in reading comprehension.
                                                                I've never said not to discuss bitcoins.
                                                                But keep it to their relevance and their utility for punting purposes.
                                                                If you wish to discuss their merits as an investment go find an appropriate forum. This ain't it.
                                                                Is that simple enough for you to comprehend?
                                                                Originally posted by Hareeba!
                                                                yeah, abuse always works when logic fails one eh?
                                                                Originally posted by Hareeba!
                                                                I can't comment on threads I'm not familiar with.
                                                                Maybe I even followed your "advice" and didn't open them?

                                                                All the abuse making you feel better is it?
                                                                Originally posted by Hareeba!
                                                                "back on topic"?
                                                                So which topic might that be mate?
                                                                Little if anything of what you said was on topic, mate.
                                                                Comment
                                                                • Hareeba!
                                                                  BARRELED IN @ SBR!
                                                                  • 07-01-06
                                                                  • 33200

                                                                  #137
                                                                  Originally posted by Russian Rocket


                                                                  an idiot bashes the thread for 12h, then out of the blue chimes in with his retarded opinion

                                                                  bitch stop reading this thread before you go blind
                                                                  so which part is "retarded"?
                                                                  and why?

                                                                  and would it be possible to respond without personal abuse?
                                                                  Comment
                                                                  • Russian Rocket
                                                                    SBR Aristocracy
                                                                    • 09-02-12
                                                                    • 43910

                                                                    #138
                                                                    Originally posted by Hareeba!
                                                                    so which part is "retarded"?
                                                                    and why?

                                                                    and would it be possible to respond without personal abuse?
                                                                    let me start with the last question first - Hell NO! I can't stand when grown ass men fkn whine like a 5 year olds

                                                                    my answer to your last question also applies to the rest of your pathetic questions/remarks that you brought into this thread

                                                                    if you haven't noticed, there were about 15-20 posters here discussing BTC related topic, all up until you showed up with your fkn gibberish

                                                                    you made yourself look like a complete egoistic fool and you still continue to do just that...congrats CLOWN!
                                                                    Comment
                                                                    • stevenash
                                                                      Moderator
                                                                      • 01-17-11
                                                                      • 66635

                                                                      #139
                                                                      Originally posted by masta bettor
                                                                      Bitcoin as an investment is as high risk as it gets obviously but with great risk their could be great reward.

                                                                      As an investment, there are 1000000 better choices.
                                                                      Bitcoin as a tool isn't as risky.
                                                                      Comment
                                                                      • jjgold
                                                                        SBR Aristocracy
                                                                        • 07-20-05
                                                                        • 388208

                                                                        #140
                                                                        at least 90% of people that trade currencies lose
                                                                        The greatest masterminds in the world fail

                                                                        It is by the far the most difficult financial instrument to predict
                                                                        Comment
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