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busttheblock
02-28-2013, 08:21 AM
I think it is time to begin looking into this one before the ponzi pimps really begin to pollute our email boxes with it.

It has the look and feel of a money grabbing, conspiracy theory scheme. Supposedly in development for the last 10 years, but now
all of a sudden they decide it is time to allow for 50,000 "founders" to come in and make a "donation" to help with the final development costs.
Something just really stinks with this one. The plan also has a pure ponzi feel to it.

scratchycat
02-28-2013, 10:45 AM
Of course the domain is hidden and another one using Bill Gates picture. He should sue, he probably needs the money!!?? They are also using GBBG at bottom of site. Must be new as Google has not picked up much yet. One to watch.

path2prosperity
02-28-2013, 03:40 PM
Google suggests a connection with

BitCoins (http://www.google.co.uk/search?q=bitbillions&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-GB:official&client=firefox-a&source=hp&channel=np) and Cloud Computing.

I had friends on TG who understood what was going on at BitCoins but I had not absorbed the matter. There could be some valuable information over there for anybody who wants to dig a bit deeper.

BitBillions UK (http://www.google.co.uk/search?q=bitbillions&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-GB:official&client=firefox-a&source=hp&channel=np)

"ts Coming…
What could replace Google, Amazon, iTunes, Apple, Microsoft, and hundreds of other global corporations? What could virtually eliminate the need for PayPal, MasterCard, Visa, and every single bank on earth?
GBBG-BitBillions
GBBG is an official non-corporation. We are pioneering a highly disruptive cloud-based, peer-to-peer technological platform that is poised to revolutionize the entire global economy.
No More Fees
This will virtually eliminate the need for the entire global banking system as well as the products distributed by many Fortune 500 companies.
Our systems provide a completely anonymous open-source,cloud-based,peer-to-peer global technology.":pt:

__________________________________________________ __________________________________________________ _________________________

Whip
02-28-2013, 08:58 PM
Sounds like a 2-bit operation

littleroundman
03-01-2013, 01:01 AM
Uh, yeah, alright.

http://img819.imageshack.us/img819/3757/uhyeahz.jpg

busttheblock
03-01-2013, 09:21 AM
Uh, yeah, alright.

http://img819.imageshack.us/img819/3757/uhyeahz.jpg


Nice money grab for this crew running the scam. If they get 50,000 "founders"(....cough cough) they will clear roughly $1.5 million:RpS_wink:

scratchycat
03-01-2013, 09:57 AM
So it is in TG, I only searched MMG yesterday but could not find it then. So yantrader is going to be the laughing cow in the end!!

busttheblock
03-02-2013, 05:15 AM
So it is in TG, I only searched MMG yesterday but could not find it then. So yantrader is going to be the laughing cow in the end!!

Aussie-Striker started the thread in MMG forum.

littleroundman
03-02-2013, 06:45 AM
http://img835.imageshack.us/img835/3871/aussieo.jpg

Ya gotta hand it to those behind Bit Billions.

They've managed to squeeze more B/S into one HYIP than almost anyone in the history of HYIPS.

Free 'net connection, free phone calls, free banking and all the free software you could possibly eat AND $23,344.01 a month.

Don't ask me why there's a ".01" at the end of the monthly earnings,

this is a HYIP after all, logic has nothing to do with it.

Perhaps someone more savvy than I could also explain what on earth a "non corporation" might be.

Definitely one for HYIP ponzi desperadoes only.

Nobrainer
03-04-2013, 01:58 AM
http://img835.imageshack.us/img835/3871/aussieo.jpg

Ya gotta hand it to those behind Bit Billions.

They've managed to squeeze more B/S into one HYIP than almost anyone in the history of HYIPS.

Free 'net connection, free phone calls, free banking and all the free software you could possibly eat AND $23,344.01 a month.

Don't ask me why there's a ".01" at the end of the monthly earnings,

this is a HYIP after all, logic has nothing to do with it.

Perhaps someone more savvy than I could also explain what on earth a "non corporation" might be.

Definitely one for HYIP ponzi desperadoes only.


Hyip??? LMAO This is No hyip! Maybe take a closer look at what they are going to achieve before calling something a scam?

The naysayers in this thread just have no clue to whats about to happen......

scratchycat
03-04-2013, 09:12 AM
BitBillions, Bitcoin, Bitpay - are they all connected?

BitPay, Inc. announced today that they have completed a seed funding round of $510,000 from several angel investors demonstrating that bitcoin can attract the capital necessary to encroach upon legacy payment methods. Similar to merchant processors for credit and debit cards, BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies.

Investors participating in the seed round include SecondMarket founder Barry Silbert, Spotify investor Shakil Khan, Jimmy Furland, Roger Ver, and other Internet entrepreneurs. Specific terms of the deal were not disclosed but co-founders Anthony Gallippi and Stephen Pair will retain majority ownership. Investors Silbert and Ver also participated in the April 2012 funding round for mining pool operator CoinLab.



My Answer To A VC's Bitcoin Question Jon MatonisJon Matonis Contributor

CoinLab Attracts $500,000 in Venture Capital for Bitcoin Projects Jon MatonisJon Matonis Contributor

What's Your Bitcoin Strategy? WordPress Now Accepts Bitcoin Across The Planet Jon MatonisJon Matonis Contributor

Virtual Currency Exchange First Meta Closes $466,000 Funding Round Jon MatonisJon Matonis Contributor

Largest Bitcoin Payment Processor Raises $510,000 Angel Round - Forbes (http://www.forbes.com/sites/jonmatonis/2013/01/07/largest-bitcoin-payment-processor-raises-510000-angel-round/)

CEO Anthony Gallippi says, “BitPay plans to use the funds to move the headquarters from Orlando to Atlanta and to hire additional developer talent for enhancement to the BitPay platform.” With proximity to other financial technology companies and several leading universities, Atlanta provides an excellent base for expansion.

Gallippi added that the WordPress decision to begin accepting Bitcoin via BitPay for certain features is “what really accelerated this funding round because investors saw it as the ideal time to move forward.” Since the November 2012 WordPress deal, BitPay has seen new merchants increase by nearly 50% to over 2,000.

The total dollar value of all bitcoin transactions processed by BitPay in 2012 was over $3 million, which represents average quarter-to-quarter growth of 50% over the past four quarters for transaction volume.

A new Payment Processor??

scratchycat
03-04-2013, 09:29 AM
I hope this is not taking a different direction from this subject. With all the 'bits' popping up, you would think...
Domain Name: BITPAY.COM
Registrar: MONIKER

Registrant [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US

Administrative Contact [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US
Phone: +1.4074810411

Billing Contact [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US
Phone: +1.4074810411

Technical Contact [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US
Phone: +1.4074810411

Domain servers in listed order:

DORA.NS.CLOUDFLARE.COM
HUGH.NS.CLOUDFLARE.COM

Is Bitbillions GBBG a scam? – My blatant Bitbillions review..read on…………………

Is Bitbillions GBBG a scam? – My blatant Bitbillions review..read on………………… | Bitbillions Online (http://bitbillions.net/2013/03/03/is-bitbillions-gbbg-a-scam-my-blatant-bitbillions-review-read-on/)


I have been scouring the Net for many insights as to what is being said over the Net about BitBillions.com and I am quite surprised to find some groups overtly and loudly screaming scam and foul play made by BiBillions. Well I do have my own person view on this and I will explain why I feel that labeling a site in prelaunch scam is a little bit way over the top and creating fear mongering for no reason at all.


Another reason why people may find it scummy and weird is because GBBG calls itself a non corporation. Now always when a new concept or idea comes into play it is most often ridiculed and put by the way side but it is the Innovators and Pioneers that actually get to change with World. I feel as from a PERSONAL PERSPECTIVE that BitBillions GBBG is a Pioneer in the World of Economic and Cultural Human development. These are just my own thoughts and intuitions and should just be accepted as such. Please post your comments or thoughts as all points of view are respected…. even if they differ from my own.

LAUNCH PROCESS (http://bitbillions.co.uk/launch-process/)

STAGE 1 – PRELIMINARY MEMBER CLEARANCE

From now, until June 30th, 2013, GBBG will accept a limited number of Founders Membership applications available on a first-come-first-served basis to all members of the global population. The network has reserved 50,000 Founders Membership matrix positions. There is NO LIMIT on the number of positions that may be claimed per person. These will be claimed extremely fast. Upon accepting 50,000 NO further applications can be claimed so that we may brief, train and vet these members for the later stage public enrollment.

During this stage we are paying INSTANT referral rewards to members.

STAGE 2 – MATRIX ASSIGNMENT

On July 1st, 2013, GBBG will auto-populate the initial 50,000 positions in the matrix. We will assign each member into the matrix in a position below the person who referred them. This is a forced 3×7 matrix structure.

scratchycat
03-04-2013, 09:34 AM
What is a Bitcoin? (http://bitbillions.co.uk/what-is-bitcoin/)

3278

Whip
03-04-2013, 09:53 AM
Another classic where they will take good old normal currency for useless 'coins'. They certainly aren't going to barter to get them in circulation

Nobrainer
03-04-2013, 10:34 AM
BitBillions, Bitcoin, Bitpay - are they all connected?

BitPay, Inc. announced today that they have completed a seed funding round of $510,000 from several angel investors demonstrating that bitcoin can attract the capital necessary to encroach upon legacy payment methods. Similar to merchant processors for credit and debit cards, BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies.

Investors participating in the seed round include SecondMarket founder Barry Silbert, Spotify investor Shakil Khan, Jimmy Furland, Roger Ver, and other Internet entrepreneurs. Specific terms of the deal were not disclosed but co-founders Anthony Gallippi and Stephen Pair will retain majority ownership. Investors Silbert and Ver also participated in the April 2012 funding round for mining pool operator CoinLab.



My Answer To A VC's Bitcoin Question Jon MatonisJon Matonis Contributor

CoinLab Attracts $500,000 in Venture Capital for Bitcoin Projects Jon MatonisJon Matonis Contributor

What's Your Bitcoin Strategy? WordPress Now Accepts Bitcoin Across The Planet Jon MatonisJon Matonis Contributor

Virtual Currency Exchange First Meta Closes $466,000 Funding Round Jon MatonisJon Matonis Contributor

Largest Bitcoin Payment Processor Raises $510,000 Angel Round - Forbes (http://www.forbes.com/sites/jonmatonis/2013/01/07/largest-bitcoin-payment-processor-raises-510000-angel-round/)

CEO Anthony Gallippi says, “BitPay plans to use the funds to move the headquarters from Orlando to Atlanta and to hire additional developer talent for enhancement to the BitPay platform.” With proximity to other financial technology companies and several leading universities, Atlanta provides an excellent base for expansion.

Gallippi added that the WordPress decision to begin accepting Bitcoin via BitPay for certain features is “what really accelerated this funding round because investors saw it as the ideal time to move forward.” Since the November 2012 WordPress deal, BitPay has seen new merchants increase by nearly 50% to over 2,000.

The total dollar value of all bitcoin transactions processed by BitPay in 2012 was over $3 million, which represents average quarter-to-quarter growth of 50% over the past four quarters for transaction volume.

A new Payment Processor??

LOL! Where have you been the past 2 years? Bitcoin technology is on the rise. TIP- try using Google to search for it:)

Nobrainer
03-04-2013, 10:37 AM
Another classic where they will take good old normal currency for useless 'coins'. They certainly aren't going to barter to get them in circulation


Useless currency? Bitcoin value has gone from $4.75 BTC in early 2012 to nearly $36 BTC todays price so how can it be useless? Plus this currency has virtually no fees, is 100% anonymous and 256 bit AER

encrypted unlike fraud riddled processors like paypal.

Certainly NO need to Barter with them to get into circulation because they are already becoming more and more popular each day.

Nobrainer
03-04-2013, 10:54 AM
I think it is time to begin looking into this one before the ponzi pimps really begin to pollute our email boxes with it.

It has the look and feel of a money grabbing, conspiracy theory scheme. Supposedly in development for the last 10 years, but now
all of a sudden they decide it is time to allow for 50,000 "founders" to come in and make a "donation" to help with the final development costs.
Something just really stinks with this one. The plan also has a pure ponzi feel to it.

You could not be more wrong!

formless
03-04-2013, 11:55 AM
Hello Everyone, just wanted to pop in and ad my part to the debate here. I believe a scam is when a site doesn't pay its members at the current time BitBillions is in prelaunch so hasn't technically even launched yet. Secondly in prelaunch anyone referring directly a member to BitBillions is getting paid a thank you commission in bitcoin currency so people are getting paid to introduce others to the concept. This makes BitBillions existing not within the SCAM capacity as mentioned here. Thank you for giving me this platform to ad my take on the subject and have a nice day. Also bitcoin currency itself has gone up by 10% in the last week and even the Wordpress blogging platform is accepting bitcoin currency too..so the currency itself is building momentum as more and more users and vendors accept it.

GlimDropper
03-04-2013, 12:05 PM
Nobrainer is correct in pointing out that Bitcoin is separate and independent from Bit Billions. I don't claim to fully understand bitcoin but it is an interesting experiment in a virtual trading medium where as bit billions is a laughably stupid little pyramid scheme which just so happens to use bitcoin. I believe it was Laurie Anderson who said that virtual reality would never look real until they learned how to put some dirt in it, perhaps Bit Billions is just some dirt being dropped on a virtual currency.

Dear old Aussie_Striker tried to promote this scam on a forum of dedicated bitcoin enthusiasts and it didn't go so well (https://bitcointalk.org/index.php?topic=147613.0). One moderator to another I admire the restraint shown in the following quote:


Yeah, good way of avoiding the affiliate link spam ban I pointed out to you when you spammed the newbie subforum with that. I am convinced this is a pyramid scheme, and anyone silly enough to participate and cry later will be mercilessly jeered at. A simple browse through the site exuded more Nigerian princes then my spam filled inbox does.

But hey, nothing says Serious Business Man quite the way Aussie_Striker's avatar on that forum does:

3279

Nobrainer
03-04-2013, 12:13 PM
I could not have said it better! Individuals who call programs "scam" before ever doing any research or understanding a new concept really don't hold any clout when its comes to credibility on the issue, but I suspect its those individuals who are rather trying to get some sort of "response" or "draw attention" to a particular issue. After looking at many profiles and seeing their past posts its very clear that they just call everything a "Scam" probably because they lack vision or insight or most likely only have a few braincells.

If only they took the time to understand what's coming.........

PPBlog
03-04-2013, 12:13 PM
http://img835.imageshack.us/img835/3871/aussieo.jpgPerhaps someone more savvy than I could also explain what on earth a "non corporation" might be.

Sounds like "sovereign citizen" code to me. Another new one is "live abortion."

PPBlog

path2prosperity
03-04-2013, 12:18 PM
Nobrainer is correct in pointing out that Bitcoin is separate and independent from Bit Billions. I don't claim to fully understand bitcoin but it is an interesting experiment in a virtual trading medium where as bit billions is a laughably stupid little pyramid scheme which just so happens to use bitcoin. I believe it was Laurie Anderson who said that virtual reality would never look real until they learned how to put some dirt in it, perhaps Bit Billions is just some dirt being dropped on a virtual currency.

Dear old Aussie_Striker tried to promote this scam on a forum of dedicated bitcoin enthusiasts and it didn't go so well (https://bitcointalk.org/index.php?topic=147613.0). One moderator to another I admire the restraint shown in the following quote:



But hey, nothing says Serious Business Man quite the way Aussie_Striker's avatar on that forum does:

3279

Thanks for pointing that out Nobrainer and GlimDropper. There was a TG member who followed the bitcoin saga and made some very astute comments. If you want the name of the person concerned and links where the person posts, please let me know.

GlimDropper
03-04-2013, 12:37 PM
I could not have said it better! Individuals who call programs "scam" before ever doing any research or understanding a new concept really don't hold any clout when its comes to credibility on the issue, but I suspect its those individuals who are rather trying to get some sort of "response" or "draw attention" to a particular issue. After looking at many profiles and seeing their past posts its very clear that they just call everything a "Scam" probably because they lack vision or insight or most likely only have a few braincells.

If only they took the time to understand what's coming.........


LOL, welcome to RealScam Nobrainer. I think you'll find a great number of the people around here have dedicated significant amounts of time studying and investigating a wide range of fraudulent programs and have a rather broad base of experience to draw from when stating an opinion. If guilty of anything it's more typically not elaborating specifically enough as to what led them to their conclusions.

Bit Billions is almost too stupid to warrant an explanation, "donate a bitcoin, get as many people as you can to do likewise and we'll take over world banking, the entertainment industry, the internet, all telecommunication and all technology development in a few years and then we'll make you rich."

Do you believe that?

That is a serious question because you either believe that sales pitch or you don't and if you don't you have to question Bit Billion's motive for saying it. And let's face it, getting as many people as possible to donate a thirty some dollar bitcoin is enough of a motive to make some people lie their asses off. Especially if they can get folks to donate without even telling them who they are.

Nobrainer
03-04-2013, 01:16 PM
Actually Yes I believe that and I will tell you why.

I understand the power of cloud computing, peer to peer and bitcoin technology and how these 3 technologies will be combined to produce a medium now unheard of. This technology does not need to scare you into calling it a Ponzi scheme, just because you dont understand its concept or bothered to take the time to fully understand the software in (nearly Finished) development. There is a serious reason why GBBG remains anonymous, but its not to rip people off..rather its to embrace our right to privacy in the free world and create a mass redistribution of the worlds wealth.

Now I respect your views and opinions Glimdropper that this seems like impossible to achieve and when I was first introduced to the concept my exact words were "Bolluxs". After doing some research and having a little inside knowledge my jaw dropped to the floor that this could actually happen. Since learning about the technology in development, which by the way is being done by a group of volunteers it was apparent they are onto something Huge here and for the cost of a pizza and a few drinks its well worth the risk involved.

Now I am not the owner, nor am I part of this project(just a member), but maybe...just maybe someone of your intelligence would take a real close look at what they are Going to achieve whether their are nay sayers or not. I hope your that sort of person:)

The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty
~Winston Churchill

formless
03-04-2013, 01:38 PM
Actually Yes I believe that and I will tell you why.

I understand the power of cloud computing, peer to peer and bitcoin technology and how these 3 technologies will be combined to produce a medium now unheard of. This technology does not need to scare you into calling it a Ponzi scheme, just because you dont understand its concept or bothered to take the time to fully understand the software in (nearly Finished) development. There is a serious reason why GBBG remains anonymous, but its not to rip people off..rather its to embrace our right to privacy in the free world and create a mass redistribution of the worlds wealth.

Now I respect your views and opinions Glimdropper that this seems like impossible to achieve and when I was first introduced to the concept my exact words were "Bolluxs". After doing some research and having a little inside knowledge my jaw dropped to the floor that this could actually happen. Since learning about the technology in development, which by the way is being done by a group of volunteers it was apparent they are onto something Huge here and for the cost of a pizza and a few drinks its well worth the risk involved.

Now I am not the owner, nor am I part of this project(just a member), but maybe...just maybe someone of your intelligence would take a real close look at what they are Going to achieve whether their are nay sayers or not. I hope your that sort of person:)

The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty
~Winston Churchill



I have to say here as an optimist I always prefer to give every one a chance and we all need to sit back and relax and look at the time frame and goals of the non corporation and as and when it hits the various targets it has prescribed for itself before we attach on any negative assumptions. Many people in years gone by have looked down on new ideas, frowned on pioneers and innovators and shunned their ideas until some good people with an open mind believed in them. Sometimes you need a little faith to go a long way right? Most of us can't see God but many believe in Him even though His identity is well Hidden. I am not saying I am comparing BitBillions to God but it is almost the same concept or idea. Many inventors did not know if their idea would work or not but they at least tried. For a one off donation of 32 buck I and many others are willing to take the risk to see how this Concept pans out. When I see more people buying weed with bitcoins, gambling on the bitcoin sites and losing their money or drinking loads of booze then for me this seems to be a better BET to place my bitcoin..Just my 2 cents or should I say two satoshis lol.

baylee
03-04-2013, 03:00 PM
This is what I have found so far (Is all shareholders considered owners in this no corporate?)

What is corporate and non-corporate form of business?
Answer:
A corporation is an artificial person, legally independent of its owners and/or operators. The owners of a corporation are its shareholders.

A business that is not a corporation legally is just its owners and operators, usually in the form of a sole proprietorship or a partnership.

If someone sues a corporation that is as far as it can go, they cannot sue either the owners or operators.

If someone sues a business that is not a corporation they are automatically suing all the owners and operators.

Link:

What is corporate and non-corporate form of business (http://wiki.answers.com/Q/What_is_corporate_and_non-corporate_form_of_business)

GlimDropper
03-04-2013, 03:17 PM
The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty
~Winston Churchill

A wise man proportions his belief to the evidence ~ David Hume

Technology making foundational changes to society and how we function in it I can believe, I'd be a fool not to. But to think a few chuckle heads making absurd promises as a prelude to asking for 30 odd dollar donations are going to out compete multi billion dollar corporations in a fluid and evolving marketplace,... not so much.

Imagine GBBG can accomplish (and demonstrate) just 10% of what they promise on a technological level, what is going to stop the combined resources of each and every technology company, research university and government on the planet from catching their wave and riding farther and faster than GBBG can do alone? The Wright brothers created the first heavier than air powered aircraft but played only a small role in the evolution of the airplane past it's infancy. The efforts of thousands of people in hundreds of separate companies in many different countries were able to develop the concept far faster than the Wright brothers could have alone. This is basically how all innovation works, Tim Berners-Lee is credited with inventing the first graphical web browser but if he's making any money off of FireFox, Opera or any of the others it's because he bought stock.

Now let's move on to the claim that GBBG will "virtually eliminate the need for the entire global banking system," well now don't you think the entire global banking system might have a little something to say about that? Bitcoin is an fascinating concept and it will be interesting to see how it will develop but it will never replace the Federal Reserve banking system or the central banks in every other nation. If Bitcoin ever makes a significant economic impact it will fall under regulation, a nearly anonymous exchange medium would be a dream come true for drug cartels and terror groups, not to mention run of the mill criminals. Do you honestly believe that every government on the planet will sit on their hands while control of their money supply slips through their fingers?

This is an anti scam forum and one necessary skill I would wish it could teach is for people to separate their enthusiasm for "too good to be true" from the more grubby reality of how something actually functions. We've seen all manner of pie in the sky promises, Hell BitBillions reminds me of nothing so much as Robert Kuntz's "BuzzBot" scam of a few years back (Google him if interested). The key is to place all the promises into a small mental box and focus on how they are selling that box to you. For instance, when Larry Page and Sergey Brin went off looking for the first round of funding for the company that became Google they did not use a three by seven matrix in their repayment plan. And I'm pretty sure they didn't send people to notorious ponzi pimp forums like TalkGold and MMG to scare up new investors. No, the kind of programs with dodgy matrix deals which are of interest to the pimp forum followers are the illegal get rich quick games where 85 to 90% of the people who invest lose their money.

Let's assume for a moment (and just for a moment) that GBBG is an idealistic and well intentioned endeavor. If so they are being almost incalculably stupid in how they are marketing themselves. True they don't have many truly good options in the corner they've painted themselves into but if they intended to or not they've made themselves catnip to the ponzi pimps. If this wasn't their intent they need to scrap their current investor model and distance themselves from the get rich quick crowd. As it is they're being laughed at by technically minded forums and lapped up by the serial con game promoters. Time will tell but I'm confident that it's a story we've all heard here before.

Whip
03-04-2013, 03:30 PM
This sounds just like those that pimped that liberty dollar or whatever it was scam.

GlimDropper
03-04-2013, 03:43 PM
This sounds just like those that pimped that liberty dollar or whatever it was scam.

Again, it's important to separate Bitcoin from BitBillions. A bitcoin has a value because people are will to pay something for them, it is an interesting idea which does have some valid utility to it. Wordpress for example will accept them as payment for their fees from countries were other payment systems don't work. But all that is at best a side issue to the topic at hand, which is closer to whether or not Bit Billions and GBBG will turn the entire world upside down and make it's investors rich beyond the dreams of avarice or are they (yet another) grubby little scam.

scratchycat
03-04-2013, 05:29 PM
I could not have said it better! Individuals who call programs "scam" before ever doing any research or understanding a new concept really don't hold any clout when its comes to credibility on the issue, but I suspect its those individuals who are rather trying to get some sort of "response" or "draw attention" to a particular issue. After looking at many profiles and seeing their past posts its very clear that they just call everything a "Scam" probably because they lack vision or insight or most likely only have a few braincells.

If only they took the time to understand what's coming.........

I have not called it a scam, all I had presented here is what I located online by researching bitbillions. So you look at profiles and see what some are doing and make a snap judgment as to who has any brain cells or not. Well, you have your opinion and I have mine. You will not read anything in here that I posted as stating WHAT bitbillions is - I have asked a question if the 'bits' were connected as they are using the names on the the ads together. There should be nothing wrong with doing research on something that seems suspicious. After all this is RealScam, you decide...

GlimDropper
03-04-2013, 07:32 PM
Stripping away the hype and all the mangled technobable we can safely return to the original objection. Bit Billions is IN FACT at least in part, a stupid little pyramid scheme. If it ever becomes more than that only time will tell but you can, as we speak earn money (bitcoin) just from convincing other people to donate to Bit Billions after signing up with your affiliate link.


Rewards Paid Instantly


GBBG INSTANTLY rewards members for each referral’s accepted membership application. Each member has a Referral Identification Number. They can share this number with friends and relatives to earn INSTANT MONEY!


If you are a member of GBBG, you can MAKE MONEY INSTANTLY by telling your friends and others about GBBG. The very instant one of your referrals becomes a member, we will send you a payment! The amount of each payment is determined by an algorithm designed to maximize compensation for each member.


NOTE: All payments are made in bitcoins. You must have a Bitcoin wallet or e-wallet to receive payments. Please be advised all regional taxes are your responsibility. Bitcoin provides an anonymous monetary solution, however GBBG strongly advise you to adhere to the laws of your jurisdiction, especially in relation to compensation.
[Link] (http://www.bitbillions.com/compensation/referral-rewards/)

Please note that before any "one of your referrals becomes a member" they need to donate a minimum of one bitcoin. At about the 18:30 mark in this video (http://www.youtube.com/watch?v=jzUvXyptoQs) the host is showing a screen from his BitBillions back office showing his affiliate earnings. They run from about .17 to .23 bitcoin per signup, no explanation is given for this variation but at today's price that would amount to about $5.83 to $7.89 per person enrolled. The same video mentions that it will be several months before GBBG even pretends to have goods or services to market to the public. Let's see:


Someone must pay (donate) to join an opportunity to earn by
Recruiting other people to pay (donate) to join the opportunity and
The receipt of goods or services is not the primary motive for any payments made.


Textbook example of a pyramid scheme and all proven by the Bit Billions website and a video of their back office.

Sorry Nobrainer, for what ever else this might be or might someday become today BitBillions is a naked pyramid scam. Which quite conveniently explains why GBBG's primary support is coming not from legitimate Bitcoin or technology enthusiasts, but rather from the people who play illegal money games in hopes of making fast easy money.

And a late edit to add this nugget from their website:


The GBBG software will be 100% cloud based through a peer-to-peer structure. Every computer or device used by a member serves as a 'host' or a central 'processor'. No one person or limited group of persons can control, manipulate, or affect GBBG because the management, processing, storage and retrieval of all data is conducted by the collective organization of member computers and devices.

Now I presume that at this time no GBBG software is currently being distributed which is good, because otherwise I'd suspect they'd be using members computers clock cycles to help mine bitcoin.

And btw, all the talk about the anonymity of the cloud and how no one will ever be able to know how much money is made by who or where might sell well to the ponzi pimps but just for a moment try to hear the same sales pitch with the ears of the IRS or any similarly situated entity.

Yea, this will go over well. LOL

aussie_striker
03-05-2013, 08:19 AM
Ok, it's only fair since I am being talked about on here that I respond.

Most of the comments on here are similar to those on the bitcoin forum. The first response that was mention on this thread does not take into account the post I made was made after doing what the same person told me I could do.

Ok, down to business. I know what a ponzi is, in fact I will often tell others they are in one. I tell it how it is and if I think it is a ponzi I will say so. Still I can understand why some people would think it might be one. However the speed that people are labeling it one astounds me. Why is it that this program states on its website where it will earn revenue when it releases the products (in multiple industries). Yet other programs that either do not say what they are going to launch, or base it on something that is obviously rubbish like they are going to make profits through trading (often tried by hyips). Then there are the ones that keep getting members to 'reinvest' commissions into cyclers, or advertising on their site or some other crap that just perpetuates the illusion of increasing their wealth without ever having to payout on much of it at all.

I have seen it all.

So why is GBBG any different?
Their claims may seem unrealistic but who is to say. They talk about building something using peer to peer and cloud technology. Now this is not new however it is a developing technology that really has not been utilised to its fullest yet. There is certainly opportunity there to make something. Could that something become big enough to revolutionise the way we do things online? Well Facebook did! Who knows to be honest. Maybe they have overstated their claims in the hope to get fast growth. That does not mean they will not achieve any, some or even all of those claims.

As to the compensation...
As mentioned in pre-launch GBBG are taking donations and maintaining a 1 BTC donation gives people a Founder Position. Anything under 1 BTC is giving them a reserved position. This is not unusual to have a prelaunch, nor is it unusual to pay referral commissions based on initial funds going to the company. Now if that was all that GBBG ever did, they could be called a Ponzi. Until it is proven they are not developing any technology, software, or any revenue sources that are going to be used for the revenue share, then you cannot call them one. So far they have delivered what has been promised to this point.

Why the Compensation Plan proves this will not be a Ponzi.
I have looked closely at the compensation plan and this has to be one of the most legit plans you will ever see. There are no weekly,monthly, even yearly fees. The only thing mentioned is that for those that want to take part in the compensation they will be required to make a yearly donation. Note that this donation does not have a minimum of 1 BTC only the original Founder positions do. Also the first 10,000 positions will not have to donate yearly to take part in the revenue share.

Most ponzis offer great rewards and to earn them you are either paying monthly and/or doing something for it. Or there are the cyclers that you have to keep getting new people in till the point they just fail. This has nothing like that. It is very simple. Every qualified member will earn revenue share. For those that get positions early, they will have the benefit of taking part in multiple pools based on a % of revenue. Note: revenue from income streams that are not yet on the site. This is not based on revenue from donations from new people.
The part that many look at and scream pyramid or ponzy is the matrix. But I bet most of those people do not even know how it works. It is not a typical matrix like you see on many other sites. 99% of the others require the monthly payment, or sales and you earn a % based on your downline money generated. You can earn from this matrix without a single person on it spending a cent!
I dare you to show me another one where that is possible.'

Here is how the matrix works.

In addition to the Monthly Revenue Pool Sharing, we pay you a bonus of 7% of the EARNINGS of each person below you in the matrix, down 7 levels!
You DO NOT have to pay a monthly fee or buy anything! All you have to do is earn points for using our FREE services and you will earn 7% bonus on the EARNINGS of every member below you in the matrix, down 7 levels!

The most important word there is earnings. You earn a % based on revenue share that they have earned. There is no other program that I have ever seen that does this. It is very clever as if you do the maths you will find that they end up paying close to 75% of revenue out to members in total. This is another significant figure as it proves that the company can be sustainable. They only pay from revenue so as revenue grows, so will the amount shared, but so will the money GBBG make. Unlike Ponzis where you cannot mathematically make it work because the money being 'earned' by members exceeds what comes in. The answer they have for that is to have more membership fees and regular ones.

Commissions
Another difference is that commissions are sent directly to your bitcoin wallet. You do not have to make a withdrawal request then hope they will send it. This should be a comfort to many who have thought they had a lot of money in a program, only to find they were unable to withdraw any of it as the program scammed them

This program and the compensation are unlike any program that is currently online. So many people look at a picture of a matrix and immediately claim to know what it is all about. Well maybe some other programs you would be right but this one is different.

Will they Succeed?
As with anything time will tell. I know that if they do I would want to be one of the people that had faith in it early and made the most of it. If they don't, well nothing ventured nothing gained, however it will not be because they scammed anyone. It would be a failure from lack of support for the software which we haven't seen yet.

Due diligence is wise and I blame nobody for sitting on the sidelines while this develops but I do think those that jnump in and label it as a scam are thinking very shallow. There are plenty of scams out there, this is not one of them.

ribshaw
03-05-2013, 09:00 AM
Aussie, I am sure others with a better understanding of the online world will have a better set of questions, but a few come up on my end.

1. What on earth is a bitcoin, bitty bitty or whatever it is called, and why should I need them? For instance, I frequently shop Amazon, Ebay via Pay Pal, recently booked two trips on a travel site, all with my credit card. That card is linked electronically to my bank account, so I can wire them payment at the end of the month. No muss, no fuss. Why would I switch?

2. It seems to me, and forgive my ignorance if I am missing something that the whole gist of the pitch is that I recruit people and make money. Fair enough, but if this is a change the world technology why would people not just use in the same fashion they use Google or Facebook?

3. As for the investment, it seems recruiting driven which to me always throws up a red flag. Not just that it is a scam, but overly complex. Why on earth are you not seeking venture capital funding or if you don't want to give up ownership the way some VCs may want, why not seek a few investors who are large in size? Just seems to me a 7x7 matrix with a bunch of folks throwing in $50 and getting their friends to throw in the same is overly complex and costly. I also question if it is profitable as a business strategy as it costs money to do accounting and printing 1099s or similar for all these investors.

Thank you.

littleroundman
03-05-2013, 09:24 AM
It seems to me, and forgive my ignorance if I am missing something that the whole gist of the pitch is that I recruit people and make money.

Ponzi, pyramid, endless chain recruiting scheme, unlicensed public offering, fraud, mailfraud, conspiracy ???

Who the h*** cares ???

It's being promoted as a get-rich-quick scheme by anonymous posters on ALL the usual suspect HYIP ponzi forums AND is all froth and bubble theory.

There's no damned product.

Desperadoes only, at this stage, I'm afraid.

(BTW, outside of the HYIP ponzi/pyramid scene, who the heck has ever heard of a "prelaunch" anyway ??)

ribshaw
03-05-2013, 09:47 AM
I have no idea, before I found this site I always followed the old school scams with a degree of interest. Some of this new nonsense is barely understandable. After 300 pages of BB I still have no idea how affiliates are supposed to make money. (Other than recruiting) And now BitCoins, one of the firsts things I found on Google was someone had their BitWallet hacked for 250,000 bit coins, oh the injustice.

But I am willing to learn and see what Aussie Two up has to say.

okosh
03-05-2013, 05:13 PM
Ok, it's only fair since I am being talked about on here that I respond.


G'day David and welcome to RealScam....Nice to have a "Newman" with your experience here :RpS_smile:

Since reff links and promotion is not welcome here allow me to direct people to your site so they can see more about what you promote....
Network Money Makers | Network Money Makers (http://www.networkmoneymakers.com/)

You do seem to have a better understanding then most about bitcoin so I hope you will stick around and help others to better understand it....

Personally I don't see bitcoin as "scam"....I do see many problems with the set up like if you loose your password to your account then you've lost your coins as there is no way to recover it....
Could all be a ponzi just like Altergold was but IMHO it's a little early to tell....
For the record I do not and will not use bitcoin....

Bitbillions IMO is just a way that someone found to run a HYIP that uses bitcoins as it's currency....

Just one off topic questions if I may....
David you were big into Zeek.....Has the receiver contacted you at all regarding clawbacks??....
Just asking cos I want to know if anyone outside the USA was contacted.....

Thanks....And again, welcome to realscam :RpS_wink:

okosh
03-05-2013, 05:15 PM
Useless currency? Bitcoin value has gone from $4.75 BTC in early 2012 to nearly $36 BTC todays price so how can it be useless?

The simple answer is that it's so anonymous that it could vanish any day and then what would it be worth??....

okosh
03-05-2013, 05:17 PM
Thanks for pointing that out Nobrainer and GlimDropper. There was a TG member who followed the bitcoin saga and made some very astute comments. If you want the name of the person concerned and links where the person posts, please let me know.

You mean Shane of nanaimogold or TD??....

path2prosperity
03-05-2013, 07:34 PM
You mean Shane of nanaimogold or TD??....

Sent you e-mail

JustTooMuchTime
03-05-2013, 08:59 PM
Why the Compensation Plan proves this will not be a Ponzi.
I have looked closely at the compensation plan and this has to be one of the most legit plans you will ever see.

What does that even mean? And what is this magical "GBBG Confidentiality Enforcement Tribunal" mentioned on the Join Now/#NDA page.

I've heard of arbitrating NDA's and mediating NDA's and going to court over NDA's, but I've never heard of the Magical Tribunal System Of Dispute Resolution.

Anybody who would agree to this contract is out of their mind.

baylee
03-05-2013, 09:13 PM
I am still trying to sort through this so I am not ready to declare this a scam but there is a huge RED FLAG right from the very beginning before going deeper into it. It is being pimped on the Ponzi Forums. That is strike one right there.

aussie_striker
03-06-2013, 06:04 AM
A lot to reply to.


I am still trying to sort through this so I am not ready to declare this a scam but there is a huge RED FLAG right from the very beginning before going deeper into it. It is being pimped on the Ponzi Forums. That is strike one right there.

I think that is because the people that have been the ones early in do not know other places to promote something like this. By all means let me know of any good places to promote opportunities to people.


Originally Posted by Nobrainer View Post
Useless currency? Bitcoin value has gone from $4.75 BTC in early 2012 to nearly $36 BTC todays price so how can it be useless?
The simple answer is that it's so anonymous that it could vanish any day and then what would it be worth??....
Well it isnt staying so anonymous. It is up to $47 today. That means the donation will also be higher to take part in Bitbillions I expect. There is a lot of positive press for bitcoin and I admit I am not up with all of it but I reckon the people that got it on the cheap are laughing all the way to the bank now.


I do see many problems with the set up like if you loose your password to your account then you've lost your coins as there is no way to recover it....
Bitbillions IMO is just a way that someone found to run a HYIP that uses bitcoins as it's currency....

Yes the password issue is a strange one, not sure about that one. HYIP is the totally wrong description here as it is not high paying, nor is it an investment program. HYIPs are very high risk, in fact I would say 99% of them are scams. They will offer a % return over a set period of time. Bitbillions does none of those things so the description is totally wrong. There are those sort of programs using bitcoins already. In fact there is a pretty big bitcoin community which is relatively unknown.



David you were big into Zeek.....Has the receiver contacted you at all regarding clawbacks??....
Just asking cos I want to know if anyone outside the USA was contacted.....

I was in Zeek yes, I wouldn't say big into it, I was certainly not one of the big players. I probably profited about $1000 over the whole time, so the receivers are probably not interested in such a small amount. There are plenty of people that made tens of thousands that I am sure they would target well before me. I do not know if they have contacted anyone in Australia.


After 300 pages of BB I still have no idea how affiliates are supposed to make money. (Other than recruiting) And now BitCoins, one of the firsts things I found on Google was someone had their BitWallet hacked for 250,000 bit coins, oh the injustice.

I'm wondering what BB you are talking about. There is only about 10 pages on the whole site plus another couple if you became a member.
How do affiliates make money? It is a revenue share model. Once the products are out, yes that means not yet, affiliates will earn as 50% of revenue is shared with members. They do this with tiered levels which ensures that the value is held for each position. Members also get a bonus revenue share based on the matrix as I mentioned in my last post. This is not a set amount either, instead it is based on a % of members earnings. Complicated for some but easy to understand once you 'get it'.
I haven't read about the bitcoin hacking but that is a lot of bitcoin for someone to have. Todays price that would be over $11 million dollars. People have their bank accounts hacked, credit card fraud, savings ripped off, everywhere there is money there will be some people that have been ripped off.


It's being promoted as a get-rich-quick scheme by anonymous posters on ALL the usual suspect HYIP ponzi forums AND is all froth and bubble theory.

I have not seen any promotion saying you will make money quick with this. Promotion saying you can make money later with the revenue share yes, but nothing saying you will get rich quick. As far as anonymous posters, well I am far from anonymous and I know several other people that are promoting it and they do not try to be anonymous either. Quite the opposite actually as they give their details to help people.

aussie_striker
03-06-2013, 06:30 AM
Aussie, I am sure others with a better understanding of the online world will have a better set of questions, but a few come up on my end.
1. What on earth is a bitcoin, bitty bitty or whatever it is called, and why should I need them? For instance, I frequently shop Amazon, Ebay via Pay Pal, recently booked two trips on a travel site, all with my credit card. That card is linked electronically to my bank account, so I can wire them payment at the end of the month. No muss, no fuss. Why would I switch?

I don't see anyone switching in a hurry although from what I have heard there are some analyists saying that bitcoin could replace whole currencies. That may be a long way off yet but apparently bitcoin is a lot less prone to fraud than credit cards and other transfer methods. Still personally I cannot see it making a big difference for many years. Still during that time it will be interesting to see its progress. There is certainly a lot of interest in it and not much of the interest is from people in the so called 'Ponzi Forums'. Most of the interest is from people in financial circles.


2. It seems to me, and forgive my ignorance if I am missing something that the whole gist of the pitch is that I recruit people and make money. Fair enough, but if this is a change the world technology why would people not just use in the same fashion they use Google or Facebook?

Actually the gist of it is that you can become a founder and have a better share of revenue income. For it all to work they need a good size membership base. The target is 50,000. To do what they want to do they need the membership first or it just will not work properly. It is a bit like skype, in the beginning the program was not as reliable because they did not have the membership to make it good. As membership grew it became much more reliable and better in general. Same concept but with more than just a skype type application. Recruiting other members you will earn a referral commission, sure, but that is not meant to be the main compensation, although I am sure some people will do very well just from that alone.


3. As for the investment, it seems recruiting driven which to me always throws up a red flag. Not just that it is a scam, but overly complex. Why on earth are you not seeking venture capital funding or if you don't want to give up ownership the way some VCs may want, why not seek a few investors who are large in size? Just seems to me a 7x7 matrix with a bunch of folks throwing in $50 and getting their friends to throw in the same is overly complex and costly. I also question if it is profitable as a business strategy as it costs money to do accounting and printing 1099s or similar for all these investors.
Thank you.

Venture capital will not help in this case. Not in the way you think anyway. Ownership is everyone owns it so you can't really have venture capitalists, that would sort of defeat the whole concept. The big need is for the membership numbers. Referral commissions are to aid in creating faster membership growth. This is not only used for online programs. In Australia I have satelite tv and if I refer someone I get a $50 reward. Some electricity companies give discounts or gift cards to members that refer others, Phone companies sometimes reward members who bring others in. It is not a new concept, nor is it confined to online business.

It is a 7x3 matrix, not 7x7 and although a bitcoin has jumped in value and is nearing $50, It started at $28 when this was first being promoted.

Hope that helps

Mundorf
03-06-2013, 06:36 AM
If a program without product or service needs desperately affiliates to progress,You can bet it's a scam for the simple reason it must sell illusions instead of the product.If you want to get money from illusions then better play lottery - at least you know what are you dealing with....and....stay bloody away from complcated to understand programs...remember...it's not complicated without reason...no...no :fishing_can:

ribshaw
03-06-2013, 08:33 AM
....stay bloody away from complcated to understand programs...

Truer words were never spoken.

ribshaw
03-06-2013, 09:15 AM
Aussie, thank you for taking the time to respond.

To clarify a few points of my original post the "BB" I was referring to was Banners Brokers, which I still have no idea how it works, again other than recruiting. The $250,000 hack was in fact in real dollars from a Bitcoin wallet. Although you do bring up another good point, if my bank account, brokerage account, or credit card is hacked I have full recourse with very limited liability. Not to overstate a point but to truly become a recognized currency for world wide commerce this would really need to be addressed.

In the second order of importance in my mind it seems you would need vendors who accept bit coins and not founders to adopt the technology. The only application I see other than a few Sovereign Citizens who don't trust the government and a few techies would be for industries where customers may want discretion like porn or shells who want to launder money. Other than discretion, why bother? Unless of course it is speculation.

I found a chart in Wired magazine of the value of bit coins converted to real currency and it looks like any other speculative bubble, from Tulip Mania to the DotCom. It peaked and crashed in 2011 and now appears to be on the rise again according to an online calculator. If people want to speculate, fine, but it never ends well for the (m)asses.

As for Dish Network, lots of companies give referral fees but they don't make you a "founder" or "owner", they give you a little bonus to save them the real cost of obtaining a new user. It costs most businesses several hundred dollars to obtain a new customer, so $50 is a deal for them. And goes to my previous point that unless the sole goal is endless recruiting it just does not make financial sense to bring in $50 accounts as they cost more to service than they generate in revenue.

To me it seems overly complex and a gamble that I can recruit others who can recruit others and/or flip my bitcoins to someone at a higher price. That just does not seem like a real business model other than for the get rich quick crowd. So I would say if you don't want your business promoted in the ponzi forms you should change your model. Focus your time on signing up vendors who want to be paid in bitcoins, and then figure a reason the general public would adopt their use.

aussie_striker
03-07-2013, 01:21 AM
If a program without product or service needs desperately affiliates to progress,You can bet it's a scam for the simple reason it must sell illusions instead of the product.If you want to get money from illusions then better play lottery - at least you know what are you dealing with....and....stay bloody away from complcated to understand programs...remember...it's not complicated without reason...no

There is a difference when the product you have relies on peer to peer and to that end requires a certain amount of users to make it work properly. I believe that is the issue here. As for being complicated, the only complicated part is getting a bitcoin. That is only complicated because most new members have never done it before.


Aussie, thank you for taking the time to respond.

To clarify a few points of my original post the "BB" I was referring to was Banners Brokers, which I still have no idea how it works, again other than recruiting. The $250,000 hack was in fact in real dollars from a Bitcoin wallet. Although you do bring up another good point, if my bank account, brokerage account, or credit card is hacked I have full recourse with very limited liability. Not to overstate a point but to truly become a recognized currency for world wide commerce this would really need to be addressed.

In the second order of importance in my mind it seems you would need vendors who accept bit coins and not founders to adopt the technology. The only application I see other than a few Sovereign Citizens who don't trust the government and a few techies would be for industries where customers may want discretion like porn or shells who want to launder money. Other than discretion, why bother? Unless of course it is speculation.

I found a chart in Wired magazine of the value of bit coins converted to real currency and it looks like any other speculative bubble, from Tulip Mania to the DotCom. It peaked and crashed in 2011 and now appears to be on the rise again according to an online calculator. If people want to speculate, fine, but it never ends well for the (m)asses.

As for Dish Network, lots of companies give referral fees but they don't make you a "founder" or "owner", they give you a little bonus to save them the real cost of obtaining a new user. It costs most businesses several hundred dollars to obtain a new customer, so $50 is a deal for them. And goes to my previous point that unless the sole goal is endless recruiting it just does not make financial sense to bring in $50 accounts as they cost more to service than they generate in revenue.

To me it seems overly complex and a gamble that I can recruit others who can recruit others and/or flip my bitcoins to someone at a higher price. That just does not seem like a real business model other than for the get rich quick crowd. So I would say if you don't want your business promoted in the ponzi forms you should change your model. Focus your time on signing up vendors who want to be paid in bitcoins, and then figure a reason the general public would adopt their use.

Ah Banners Broker, I still get asked to join in fact I was asked last night. I always thought of it as a well disguised ponzi that made people use their earnings to progress further, thus reducing the liability to the company and prolonging its use by date. I must admit I haven't looked lately and they have exceeded the time I expected them to last. Maybe it is the one program that defies my prediction of ultimate failure. Every other one I predicted in the last 2 years is already dead.

Yes easy to find chart of the value. The stockmarket chart probably looks the same but plenty follow it. Same with a lot of currency charts. An interesting article I found just today about the value is worth a read The Target Value For Bitcoin Is Not Some $50 Or $100. It Is $100,000 To $1,000,000. - Falkvinge on Infopolicy (http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/)

I still dont understand your point about the referral commissions. You talk about the sole goal of endless recruiting but the goal is getting a big enough membership to launch the products. You seem to be talking about it without the products in mind. Also I have no idea what costs there would be to service an account. I don't see there being any cost.

Your last paragraph once again seems to miss the point again. You are talking about this with no products in mind. I agree with you if there was no intention to make a product then this would just be a ponzi. Flipping bitcoins is not part of the business at all but sure people probably do that. I doubt members joining bitbillions would be confident enough to deal with bitcoins in that way. Others in the bitcoin community might be. Your last setence is all about bitcoins and what they are doing...maybe you have bitcoins mixed up with bitbillions.

To recap in regard to GBBG revenue and products;


Members will not be required to spend money on products or services in order to earn their share of GBBG’s revenues. Revenue will be generated through advertising, premium communication services, payment processing, currency exchanges, sales of books, sales of music, sales of movies, and many other income producing mediums. Members simply earn money by using the FREE technology. Some of our FREE services will include:

Communication with anyone, anywhere in the world, including unlimited global telephone calling
Access to the largest database of music, movies, and books on earth
Global payment processing, currency exchange, and banking with NO FEES
Much, much more

ribshaw
03-07-2013, 09:33 AM
Here is what I ultimately think, this is a "Pig in the Poke" for the internet era.

Here is my non cyber analogy:
You are going to build a fantastic mall with all my favorite stores where I can have anything I want for free. Right now, you can't tell me what stores will be there, but TRUST ME you will like them. The only hold up is we don't have enough shoppers for the new mall, because everyone hates free stuff. If I just throw in a few bucks, I become a "founder" in the mall, and I will be paid while I wait for the mall to open. Then when the mall opens not only do I get to shop for free, but I have the chance to make $23000.01 from each $1million in revenue. Why do I need so much income if everything in my life is now going to be free? And where does the revenue come from if everything is free? According to your last blurb:

Members will not be required to spend money on products or services in order to earn their share of GBBG’s revenues. Revenue will be generated through advertising, premium communication services, payment processing, currency exchanges, sales of books, sales of music, sales of movies, and many other income producing mediums. Members simply earn money by using the FREE technology. Some of our FREE services will include:

Communication with anyone, anywhere in the world, including unlimited global telephone calling
Access to the largest database of music, movies, and books on earth
Global payment processing, currency exchange, and banking with NO FEES
Much, much more
[/B]

In other words, all the good stuff will cost money, or you will have to put up with a bunch of advertising while you are at your computer. Or hey for $50 you can become a member and get all the goodies for free.

I hate to take it out of cyberspace, but the only thing I see at this point is promises, and being paid to recruit. If I had to guess, the "founders" will be hit up several times for more funding, before someone steals the technology, or the site goes dark.

ribshaw
03-07-2013, 09:57 AM
[QUOTE=aussie_striker;47740]There is a difference when the product you have relies on peer to peer and to that end requires a certain amount of users to make it work properly. I believe that is the issue here. As for being complicated, the only complicated part is getting a bitcoin. That is only complicated because most new members have never done it before.

My assessment is it is overly complicated because it makes people think they are getting in on something huge. I reread the thread last night including the advertising piece initially posted. To me the first two paragraphs say absolutely nothing, just a bunch of run on cyber babble. It could be that I am just a dinosaur, but can you actually explain it in a short easy to understand manner?



Yes easy to find chart of the value. The stockmarket chart probably looks the same but plenty follow it. Same with a lot of currency charts. An interesting article I found just today about the value is worth a read The Target Value For Bitcoin Is Not Some $50 Or $100. It Is $100,000 To $1,000,000. - Falkvinge on Infopolicy (http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/)

This is an interesting side discussion, I can find the same predictions for gold, google, and beanie babies. And you can be sure I will follow the speculation aspect as I find it fascinating.


I still dont understand your point about the referral commissions. You talk about the sole goal of endless recruiting but the goal is getting a big enough membership to launch the products. You seem to be talking about it without the products in mind. Also I have no idea what costs there would be to service an account. I don't see there being any cost.

Two things, right now there are no products only promises of products. "Pig in a Poke", the only thing any of us are sure of at this point is you can be paid to recruit. Any idea how many programs never get any further than that? This would have been huge in 1997. The second is just generating 1099s or similar tax forms costs a business money, never mind the accounting and compliance across borders. The only way this is not a cost, is if you don't plan on being in compliance with local laws and are just running a script.

Your last setence is all about bitcoins and what they are doing...maybe you have bitcoins mixed up with bitbillions.


You are right, but they seem to be joined at the hip, unless the founders are just trowing "BIT" into the mix they way everyone used to throw ".COM" on the end of every crappy business in the world to raise funds.

scratchycat
03-08-2013, 08:59 AM
Your last setence is all about bitcoins and what they are doing...maybe you have bitcoins mixed up with bitbillions.


You are right, but they seem to be joined at the hip, unless the founders are just trowing "BIT" into the mix they way everyone used to throw ".COM" on the end of every crappy business in the world to raise funds.

bits, that is what is about - but BitBillions is different...

ribshaw
03-08-2013, 09:37 AM
I am not really sure what to make of Aussie Stiker. It appears at a minimum he is an insider on these deals, if not the owner playing a dupe. I checked out a few of the slopportunities from his MMG page.
http://earthinv.com/?ref=tagvillage First to post and it is done.
www.litecycler.com (http://www.litecycler.com//clickthru.php?id=denewman) First to post and it is done.

Something called Tag Village that was in prelaunch last year, had a brief thread at MMG Tagvillage (http://www.moneymakergroup.com/Tagvillage-t407673.html&p=7017968#entry7017968) that lasted two days, and now appears to be back in prelaunch. He also has a blurb on his blog about a loan paying 10% for Tag Village where you will talk to the "owner first".

So here is what I see, everything he offers is in pre launch, they seem to have the life expectancy of a house fly, and he seems to know quite a bit more about the programs than your average Joe. So Aussie, are you the owner or just an insider? Either way, my bet is BitBillions gets as far off the ground as an Ostrich with a running start.

ribshaw
03-08-2013, 10:26 AM
So I am new to all this cyber sleuthing, but I doubt a technology capable of changing the world has to be set up via GoDaddy a mere 37 days ago. To boot, the owner appears to be hiding their name and location. I know, I know this is just the web site, the brains behind this cyber revolution have been working on this for years.

Domain name: bitbillions.com
Domain Title: BitBillions
Domain Age: 0 Years, 37 Days
Website Speed: Very Fast
Owner: Domains By Proxy, LLC
Address: DomainsByProxy.com, 14747 N Northsight Blvd Suite 111, PMB 309, Scottsdale, Arizona 85260, United States
Country: United States
Website Location: United States
Notes:-
[Alert Result] The owner of the website is using a service to hide their identity
[Alert Result] This website is 37 Days old
[Alert Result] The website appears to be less than six months old

Analysis Details:-
This webite is very new , and as such doesn't have an online reputation yet. As with all new businesses , we suggest that you take care and if necessary get in contact with the owners before placing an order of value.
This site is using an anonymous service - which prevents us from identifying the site owner. This can sometimes be just so that the owner does not receive spam, but be aware that many scam sites use this as a method to hide their identify.

Scamadviser.com | check a website for risk | check if dodgey | check is a website s |check website is fake or a scam (http://www.scamadviser.com/check-website/bitbillions.com)

JustTooMuchTime
03-11-2013, 10:02 PM
I'm not much interested in debating BitBillions as it screams nonsense every which way and after reading more about Bitcoins it seems to be exactly the type of operation that concerns even semi-supporters of Bitcoins, such as EFF. The European Central Bank has a good read here on 3 types of virtual currencies:
http://www.ecb.int/pub/pdf/other/virtualcurrencyschemes201210en.pdf

I'm still going though it. Of course the BitBillions defenders will say it's biased because it's issued by the ECB, but it's easy enough to get started with this document and then cross-check other resources (oh, and use your brain). According to WikiPedia here (http://en.wikipedia.org/wiki/Bitcoin) there are some well known places that accept bitcoins currently:
- WordPress
- Reddit

Page 6:

"The first case study in this report relates to Bitcoin, a virtual currency scheme based on a peer-to peer network. It does not have a central authority in charge of money supply, nor a central clearing house, nor are financial institutions involved in the transactions,since users perform all these tasks themselves.Bitcoins can be spent on both virtual and real goods and services.Its exchange rate with respect to other currencies is determined by supply and demand and several exchange platforms exist. The scheme has been surrounded by some controversy, not least because of its potential to become an alternative currency for drug dealing and money laundering as a result ofits high degree of anonymity."

There is a disclaimer in section I.I, page 9:


"This report seeks to provide clarity on the topic of virtual currencies and tries to address the issue in
a structured approach. Such an approach has been absent, at least to some extent, from the existing
literature. Moreover, there have previously been no references to this topic in the publications of central banks, international organisations or public authorities. As a consequence, thisreport largely relies on information and data gathered from material published on the internet (see the Annex for references and further reading), whose reliability, however, cannot be fully guaranteed. This places
serious limitations on the present study"

The 3 types of virtual currency as shown in this chart:
http://i1242.photobucket.com/albums/gg536/Paul_Schlegel/BitBillions/3TypesOfVirtualCurrency_zps74393aaf.png

Section 2 of the report goes into detail about this diagram.

Does BitCoin itself function like a ponzi scheme? (Page 27).


"Another recurrent issue is whether Bitcoin works like a Ponzi scheme or not. Users go into the
system by buying Bitcoins against real currencies, but can only leave and retrieve their funds if
other users want to buy their Bitcoins, i.e. if new participants want to join the system. For many
people, this is characteristic of a Ponzi scheme. The US Securities and Exchange Commission
defines a Ponzi scheme in the following terms:

A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing
investors from funds contributed by new investors. Ponzi scheme organizers often solicit new
investors by promising to invest funds in opportunities claimed to generate high returns with little
or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised
payments to earlier-stage investors and to use for personal expenses, instead of engaging in any
legitimate investment activity.

On the one hand, the Bitcoin scheme is a decentralised system where – at least in theory – there
is no central organiser that can undermine the system and disappear with its funds. Bitcoin users
buy and sell the currency among themselves without any kind of intermediation and therefore, it
seems that nobody benefits from the system, apart from those who benefit from the exchange rate
evolution (just as in any other currency trade) or those who are hard-working “miners” and are
therefore rewarded for their contribution to the security and confidence in the system as a whole.
Moreover, the scheme does not promise high returns to anybody. Although some Bitcoin users may
try to profit from exchange rate fluctuations, Bitcoins are not intended to be an investment vehicle,
just a medium of exchange. On the contrary, Gavin Andresen, Lead Developer of the Bitcoin
virtual currency project, does not hesitate to say that “Bitcoin is an experiment. Treat it like you
would treat a promising internet start-up company: maybe it will change the world, but realise that
investing your money or time in new ideas is always risky”. In addition, Bitcoin supporters claim
that it is an open-source system whose code is available to any interested party.

However, it is also true that the system demonstrates a clear case of information asymmetry. It is
complex and therefore not easy for all potential users to understand. At the same time, however,
users can easily download the application and start using it even if they do not actually know how
the system works and which risks they are actually taking. This fact, in a context where there is clear
legal uncertainty and lack of close oversight, leads to a high-risk situation. Therefore, although the
current knowledge base does not make it easy to assess whether or not the Bitcoin system actually
workslike a pyramid or Ponzischeme, it can justifiably be stated that Bitcoin is a high-risk system
for its users from a financial perspective, and that it could collapse if people try to get out of the
system and are not able to do so because of its illiquidity. The fact that the founder of Bitcoin uses
a pseudonym – Satoshi Nakamoto – and is surrounded by mystery does nothing to help promote
transparency and credibility in the scheme.

All these issues raise serious concerns regarding the legal status and security of the system, as well
asthe finality and irrevocability of the transactions, in a system which is not subject to any kind of
public oversight. In June 2011 two US senators, Charles Schumer and Joe Manchin, wrote to the
Attorney General and to the Administrator of the Drug Enforcement Administration expressing
their worries about Bitcoin and its use for illegal purposes. Mr Andresen was also asked to give a
presentation to the CIA about this virtual currency scheme. Further action from other authorities
can reasonably be expected in the near future. "

ribshaw
03-12-2013, 08:44 AM
Good post just too much time:

I had never heard about BitCoins prior to this thread, I knew there were some cyber currencies but nothing on this organized scale. It made for some very interesting reading, much of it very technical and way above my understanding, but that is a lot of things. I found this thread, previously mentioned by GlimDropper that was started by our friend Aussie. https://bitcointalk.org/index.php?topic=147613.60. I only post it because it seems these folks have a flair for spotting a scam, and I was laughing so hard at some of the posts that its pure entertainment value is priceless. From there you can link to the main thread and do a lot of reading on the subject of bitcoin.

I do have a few thoughts, some of which may have been mentioned previously about scalability, not in any order.

Although there are safeguards against counterfeiting, so far it seems a trust based community of buyers and sellers much like Ebay. Most of us are willing to buy a minimally priced item from a top rated seller, there is a break point were more than that is needed. When you get in the millions of dollars some central intermediary would be needed for most to comfortably clear transactions. To truly be adopted, business needs to be involved in a big way.

Sounds a lot like a central bank, brokerage, clearing house, or public exchange is needed. All formal, licensed, insured, and as much as people hate to believe there is a reason, we have tried the unregulated version in the past. Everything used to be peer to peer, just offline. So in some sense bitcoin seems like a step back, not forward in a global economy.

It is a speculative currency, and there is no ready market to hedge transactions. With the USD, Euro, Pound, Yen corporations can and do hedge away all their currency risk in forward transactions. Since major transactions can take years to complete and be paid for, I do not see many major players wanting to take the risk of a currency doubling, tripling, or collapsing.

The chart of bitcoin to dollar looks speculative, like Tulipmania, South Sea Bubble, 29 DJIA, 80's gold, 2000 tech, and hundreds of other bubbles. I found some posts of people claiming to be all in on bitcoin, and others looking to get in. The ending is very seldom a pleasant one for most.

As was previously mentioned central banks and law enforcement may having something to say about an currency that is completely anonymous.

I am not sure there is not going to be some smart eight year old that will not be able to hack the code and bring the currency to its knees. There was a discussion on the bitcoin thread about a 51% attack, hard to fathom that something like it is not possible.


It will be fun to watch from a safe distance.

NikSam
03-12-2013, 02:05 PM
Be careful with bitcoins, it might look like good idea now because their exchange rate is up, but they might drop dramatically in less than a day as it happened before. And now everything points to the ballon which is about to explode again.

Here is entire price history
3344

JustTooMuchTime
03-12-2013, 03:16 PM
I found this thread, previously mentioned by GlimDropper that was started by our friend Aussie. https://bitcointalk.org/index.php?topic=147613.60. I only post it because it seems these folks have a flair for spotting a scam, and I was laughing so hard at some of the posts that its pure entertainment value is priceless. From there you can link to the main thread and do a lot of reading on the subject of bitcoin.

lol. Yeh, some hilarious stuff there, especially this post:
https://bitcointalk.org/index.php?topic=147613.msg1590126#msg1590126

scratchycat
03-12-2013, 04:27 PM
Originally Posted by scratchycat View Post

BitBillions, Bitcoin, Bitpay - are they all connected?

BitPay, Inc. announced today that they have completed a seed funding round of $510,000 from several angel investors demonstrating that bitcoin can attract the capital necessary to encroach upon legacy payment methods. Similar to merchant processors for credit and debit cards, BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies.

Investors participating in the seed round include SecondMarket founder Barry Silbert, Spotify investor Shakil Khan, Jimmy Furland, Roger Ver, and other Internet entrepreneurs. Specific terms of the deal were not disclosed but co-founders Anthony Gallippi and Stephen Pair will retain majority ownership. Investors Silbert and Ver also participated in the April 2012 funding round for mining pool operator CoinLab.



My Answer To A VC's Bitcoin Question Jon MatonisJon Matonis Contributor

CoinLab Attracts $500,000 in Venture Capital for Bitcoin Projects Jon MatonisJon Matonis Contributor

What's Your Bitcoin Strategy? WordPress Now Accepts Bitcoin Across The Planet Jon MatonisJon Matonis Contributor

Virtual Currency Exchange First Meta Closes $466,000 Funding Round Jon MatonisJon Matonis Contributor

Largest Bitcoin Payment Processor Raises $510,000 Angel Round - Forbes

CEO Anthony Gallippi says, “BitPay plans to use the funds to move the headquarters from Orlando to Atlanta and to hire additional developer talent for enhancement to the BitPay platform.” With proximity to other financial technology companies and several leading universities, Atlanta provides an excellent base for expansion.

Gallippi added that the WordPress decision to begin accepting Bitcoin via BitPay for certain features is “what really accelerated this funding round because investors saw it as the ideal time to move forward.” Since the November 2012 WordPress deal, BitPay has seen new merchants increase by nearly 50% to over 2,000.

The total dollar value of all bitcoin transactions processed by BitPay in 2012 was over $3 million, which represents average quarter-to-quarter growth of 50% over the past four quarters for transaction volume.

A new Payment Processor??


LOL! Where have you been the past 2 years? Bitcoin technology is on the rise. TIP- try using Google to search for it:)

Actually someone agreed with Nobrainer that Bitcoin is separate and independent from Bit Billions.

Now when I spoke of bitcoins, I was off subject! So tell me how you get BitBillions if you don't use Bitcoins??

ribshaw
03-12-2013, 04:33 PM
LOL, that's the one. I also liked the poster that referred him to the other scammers as potential "founders".

busttheblock
03-14-2013, 07:00 PM
Now Eva Claesson (she goes by larana on the forums) is pimping this. Sure sign of its ponziness

ribshaw
03-14-2013, 08:04 PM
I downloaded charts of two other bubbles from the past and forgot all about them, getting old. But to compare against Niksams chart, anyone can guess where we are on the slope, but they all end the same. :crying_2: I know the conversion speculation is different than Bitbillions, but I will predict how that ends. :crying_2:

33543355

aussie_striker
03-15-2013, 10:01 AM
I am not really sure what to make of Aussie Stiker. It appears at a minimum he is an insider on these deals, if not the owner playing a dupe. I checked out a few of the slopportunities from his MMG page.
http://earthinv.com/?ref=tagvillage First to post and it is done.
www.litecycler.com (http://www.litecycler.com//clickthru.php?id=denewman) First to post and it is done.

Something called Tag Village that was in prelaunch last year, had a brief thread at MMG Tagvillage (http://www.moneymakergroup.com/Tagvillage-t407673.html&p=7017968#entry7017968) that lasted two days, and now appears to be back in prelaunch. He also has a blurb on his blog about a loan paying 10% for Tag Village where you will talk to the "owner first".

So here is what I see, everything he offers is in pre launch, they seem to have the life expectancy of a house fly, and he seems to know quite a bit more about the programs than your average Joe. So Aussie, are you the owner or just an insider? Either way, my bet is BitBillions gets as far off the ground as an Ostrich with a running start.

Yes it is hard to be first to post on some of the forums. The two programs mentioned above Earthinv and litecycler, were both cycler programs..To be honest, my opinion is cycler programs suck. However about 2 years ago there was a period when they were quite popular, so yes I partook in them and made a little money there. Those types of programs typically have a very short shelf life. Both are long dead. I do not claim to have never been involved with programs that were not good, with those I do say they are high risk and people need to know they can stop at any time.

Tagvillage is a different story. It began with the plan of launching as a social/search/advertising network. Timing was bad with the GFC happenning around the same time causing two big investors to pull out just as they were starting. They did go into prelaunch and built a tag trading platform which is still running now and is far improved from when it started. They also built a penny auction platform at one stage as they saw the popularity of that but they decided to discontinue that a few months later for a couple of reasons, mainly that the profits were mostly going to the big corporations and that went against the ethics of the company.

In late 2011 tagvillage made a new business plan and decided the social and search components they were going to build would not be able to better the big companies like facebook or Google. They decided that the advertising network was something they could build in a way that could gain significant share due to future focused concepts. Since then they have focused on that side of the business. The main challenge was that they were operating on a shoestring budget. Despite that they have continued to operate and at the start of this year set a launch date for the advertising platform in April. They are working on some bugs in the advertising widgets currently. The widgets are available to put on sites now but are still undergoing testing. The plan is to fix the bugs and still to have the official launch in April. It has to be one of the most underated companies around atm. If they had decent capital they would have finished everything and launched long ago.

The part where you could get a 10% return on a loan and would talk to the owner. Yes that was the case. tagvillage have brought out many promotions and the 10% return (per annum) was one of them. There would be proper contracts signed and the owner/CEO David Ruebush stated that he would talk personally with anyone doing it.

I have been involved with other programs, Zeek (who wasn't), iWowwee which is still going and is a more standard mlm setup. TFT, although I didn't really continue with that once it changed. Paradoxcash I put $2 in for a founder position and must admit they haven't done a bad job of putting together some basic tools, although it is not growing great. Hopefully it will meet targets so that I can earn from it. So yeah I have tried a few things, some work, some don't. I don't mess with people though, if I think something is high risk and likely to fall over, I tell them.

I was vocal about JBP being a ponzi and copped criticism for that from its devoted followers. I did have a position only because someone wanted to buy me into it. I didn't promote it at all though. Profit clicking is another one that is basically the same crap, and now they are pushing another one out there to the masses.

So I have been around long enough to know what's what. I am good with numbers and it is very easy to tell when the numbers do not add up. I don't claim to be perfect but I am normally good with my predictions. Sometimes they take a bit longer to be fullfilled. JBP lasted about a year longer than I expected. Banners Broker is still going strong and I thought it would fall in a heap as well. So either they are doing something right or their members are keeping enough money within the program to prevent it crashing. Tagvillage I have always had faith in and the payoff for that will be later this year. BitBillions is another that I believe can make a difference. I have talked to a couple of people that know more about the internet and technology than me and they are very excited about what this could do.

I have never been an admin of my own program. That is something I would like to do sometime but getting one off the ground would be difficult I think. I have the ideas, making them a reality is another matter.

So now you know where I come from, I don't try to hide, I don't try to take advantage of anyone, I will promote what I think is good.

aussie_striker
03-15-2013, 10:13 AM
It's lucky I am a patient man and very forgiving. For all the crap I have received from promoting BitBillions I still believe I will have the last laugh. It is so early on that many cannot see it that way and I don't claim it will happen in 1-2 months. More like 1-2 years and then there will be some people who will look back and wish they weren't so narrow minded.

Time will prove I am right.
I know many will say I'm deluded in thinking so but I know the difference in what I am backing here.

ribshaw
03-15-2013, 10:42 AM
David Ruebrush of Kooday? LMAO, why not just blow your money on strippers and booze?

Almost all of the items above are illegal and doomed to failure. Depending on the state and local government in the US, brokering a loan probably requires a license. If it is viewed as an investment then it does for sure. And even though I am not as accomplished as Mr. Reubrrush appears to be on his linked in page, I could have a $100,000 loan completed in a few days at any local bank. And for much less than 10%.

I have a Mr. Dr. Maniw Altackeps emailing me from Nigeria, he is a Prince who needs to get $20 million from Nigera to Australia (long story) and is willing to share some of the proceeds. If you PM your bank account there will be more than enough left over for a loan to your friend.

Aussie, I am still not convinced that you are not a little further inside than you claim to be. One or two things you said convince me of this. Nevertheless, ALL of these programs appear to be illegal HYIP, Ponzi's or Pyramids and you are wasting your time and money trying to turn an apple into an orchid. And to stay on topic, BitBillions will never see the light of day. And I will do a :chickendance::chickendance: when it falls, because I am filled with hate and jealousy.

A famous conman once said "They wanted something for nothing, I gave them nothing for something":pimp::pimp:

ribshaw
03-15-2013, 12:42 PM
It's lucky I am a patient man and very forgiving. For all the crap I have received from promoting BitBillions I still believe I will have the last laugh. It is so early on that many cannot see it that way and I don't claim it will happen in 1-2 months. More like 1-2 years and then there will be some people who will look back and wish they weren't so narrow minded.

Time will prove I am right.
I know many will say I'm deluded in thinking so but I know the difference in what I am backing here.

Aussie, seriously does this quote look familiar from Kooday at MMG?

I'm surprised to see this in a closed thread...Kooday is just about to heat up. Yes there has been delays but if all goes to plan they will be soon forgotten.
I'm starting to take out weekly money from Kooday and looking forward to the changes which should rocket my income from it. If anyone wants to get started and make it work let me know.

Kooday - Kooday.com (http://www.moneymakergroup.com/Kooday-Koodaycom-t353304.html&st=120)

Seriously Aussie, the next big thing?

aussie_striker
03-16-2013, 07:26 AM
David Ruebrush of Kooday? LMAO, why not just blow your money on strippers and booze?

Almost all of the items above are illegal and doomed to failure. Depending on the state and local government in the US, brokering a loan probably requires a license. If it is viewed as an investment then it does for sure. And even though I am not as accomplished as Mr. Reubrrush appears to be on his linked in page, I could have a $100,000 loan completed in a few days at any local bank. And for much less than 10%.


I think you are a bit mixed up here. David Ruebush was a Kooday member yes. In fact he was the first person to post that he thought it was a scam and would fail. You seem to think he was the owner, I don't know why you would think that, he never had any part in discussions about the company as far as I am aware and I was keeping a good eye on it. There was some guy named Brian that was the spokesperson for it and from best accounts it was his brother in law that was the owner. I also coppped a lot of crap from Kooday members when I was being negative towards it. It is quite funny to think that I am copping it from you guys being on a programs side, the only other time I have copped criticism was when I was saying a program was a scam. In those cases everyone was telling me I was negative and wrong....I was proven right then as well.

I'd like to know why you would think iwowwe or tagvillage are illegal. As for the loan, I am not sure how it was setup but it was only a very limited offer which was available to apply for 1-2 months only.

ribshaw
03-16-2013, 09:45 AM
Aussie,
I would say no matter what you do you will catch criticism as long as you are either shilling for, or railing against questionable programs. Although, if you could post any links to where you are warning people away that may provide some balance to what you say. However, it is a bit like asking the Chevy dealer what is wrong with Ford, you could just be warning people away from one program and at the same time saying but check out this peach of a deal.

Second, Tagvillage and for that matter Bitbillons to me are nothing more than a "Pig in a Poke" as I said before. Like the Emperors Clothes, or Alchemy you are asking people to invest in something that I don't ever think will exist. I suspect it is illegal because by your own description they appear to be taking whatever is "topical" and saying we are going to start a penny auction business, no no wait we are going to start an advertising network. And then at the last minute as they are so close to opening the doors, darn it our two big investors pulled out and we need more money. ( If this is not a scam, which I think it is, then you are dealing with IDIOTS who don't know how to structure their funding) Either way, it is lose lose.

And just to bring it back around to BIT BILLIONS, not only are they offering all the free goodies in the world when they "go live", but I see they are now (well are you) advertising they are starting a Bit Billions Hedge Fund of Sorts. Aussie, this is a bit like my doctor telling me he now wants to manage my money. Not only are they not licensed to sell securities, can I tell you how this will end? They will rope in a bunch of suckers, and two major investors will pull out right before launch, or wait for it, the Bit Coin will collapse and sorry folks we lost it all. Try again when we open Bit Trillions.

Do yourself a favor and save your money.

busttheblock
03-18-2013, 07:46 AM
Aussie,
I would say no matter what you do you will catch criticism as long as you are either shilling for, or railing against questionable programs. Although, if you could post any links to where you are warning people away that may provide some balance to what you say. However, it is a bit like asking the Chevy dealer what is wrong with Ford, you could just be warning people away from one program and at the same time saying but check out this peach of a deal.

Second, Tagvillage and for that matter Bitbillons to me are nothing more than a "Pig in a Poke" as I said before. Like the Emperors Clothes, or Alchemy you are asking people to invest in something that I don't ever think will exist. I suspect it is illegal because by your own description they appear to be taking whatever is "topical" and saying we are going to start a penny auction business, no no wait we are going to start an advertising network. And then at the last minute as they are so close to opening the doors, darn it our two big investors pulled out and we need more money. ( If this is not a scam, which I think it is, then you are dealing with IDIOTS who don't know how to structure their funding) Either way, it is lose lose.

And just to bring it back around to BIT BILLIONS, not only are they offering all the free goodies in the world when they "go live", but I see they are now (well are you) advertising they are starting a Bit Billions Hedge Fund of Sorts. Aussie, this is a bit like my doctor telling me he now wants to manage my money. Not only are they not licensed to sell securities, can I tell you how this will end? They will rope in a bunch of suckers, and two major investors will pull out right before launch, or wait for it, the Bit Coin will collapse and sorry folks we lost it all. Try again when we open Bit Trillions.

Do yourself a favor and save your money.


Here is a copy of the emails some of the low life ponzi pimps are sending out now. The claims made are so far fetched!

LIMITED OPPORTUNITY

Our expert analyses indicates this technology will explode rapidly
and virally. The network is globally open to everyone regardless of race,
gender, nationality or experience. Reports demonstrate insuppressible
global spread --- to occur in a matter of days.

WARNING- GLOBAL WEALTH REDISTRIBUTION

Hesitation to act now will result in the irrevocable forfeiture of massive fortunes.

Members simply earn money
by using the FREE technology. Some of our FREE services will include:
communication with anyone, anywhere in the world, including unlimited global telephone calling
Access to the largest database of music, movies, and books on earth
Global payment processing, currency exchange, and banking with NO FEES
Much, much more

DONATIONS ONLY

GBBG is a public domain, non-corporation and as such there are no required fees for
participation or membership and there is no board of directors or shareholders
to hoard assets or revenues. Therefore, we are deploying our initial software exclusively
with donations, volunteers, and peer-to-peer technology.

COMPENSATION PLAN

The compensation plan has three parts

1.1. Referral Commission
2.2. Monthly Revenue Sharing
3.3. Monthly Matrix Commissions

Monthly Revenue Sharing

50% of GBBG monthly revenue will be shared with members using the following pool tiers;
•10% - First 5000 positions
•5% - 5001-25000
•5% - 25001-50000
•5% - 50001-100000
•5% - 100000-250000
•20% - 250001+

For example if you get a position in the first 5000 positions you will qualify for all 6 pools.
So you can imagine how much more that could be worth to you.

Monthly Matrix Commissions
In addition to the Monthly Revenue Pool Sharing, we pay you a bonus of 7% of the earnings
of each person below you in the matrix, down 7 levels! The earlier you join, the more monthly
revenue pools you will share. Also, the more members will be below you in the matrix.
The more members that are below you in the matrix, the bigger your 7% bonus will be each month.

Bitbillions - Get a Founder position now.

GBBG (aka BitBillions) is an official non-corporation.
We are pioneering a highly disruptive cloud-based,
peer-to-peer technological platform that is poised
to revolutionize the entire global economy.

This will virtually eliminate the need for the entire global banking system
as well as the products distributed by many Fortune 500 companies.
Our systems provide a completely anonymous open-source, cloud-based,
peer-to-peer global technology.

As a non-corporation, there is neither a centralized headquarters
nor restrictive confinement under the traditionally chartered scope
of any regional governmental authority.
We are incontestably autonomous and 100% of goods and services
are solely developed for the global population.
Our network is designed to uphold the intrinsic rights of the people
without regard to status, gender, nationality, creed, or ethnicity.
GBBG will unveil the financial truths available for the irrepressible
monetary reaping of the entire global population.

The GBBG blueprints project a seamless acquisition of 75% to 80% of
the entire global internet and communication traffic by 2020.
These figures also parlay into a 75%-80% advertising revenue
procuration by GBBG.

What would stop you from adopting a new technology... that allows you to

1. Connect and surf the internet from any device for FREE
2. Make unlimited phone calls to any telephone in the world for FREE
3. Shop, manage your finances, and 'bank' your money for FREE (no bank fees ever again)
4. Use the most current/stable operating system on earth and access all your programs
and files FREE (never spend money on an operating system again, such as Windows or iOS)


How Do YOU Earn From This?
Wealth Redistribution Integration
You Make MONEY
YOUR ESTIMATED POTENTIAL EARNINGS:
$23,344.01 per month, per $1 Million Revenue generated by GBBG

YOUR ESTIMATED MONTHLY COST: $0.00

As a decentralized organization without corporate headquarters
or shareholders, GBBG is free of any overhead or tangible 'operations'
to consider. The GBBG network is designed to automatically redistribute
generated revenues with every single member of the organization.

Get a Founder position now, Follow every instructions upon joining
because they don't send you email verification, save your info.

aussie_striker
03-22-2013, 05:31 AM
Here is a copy of the emails some of the low life ponzi pimps are sending out now. The claims made are so far fetched!


Well that is mostly info copied from the site. Who is sending those out, I haven't received one yet :shocked:

The GBBG Fund has stats in the footer on the left hand side. I just noticed that today, remember the shares cost 0.25 BTC each. I didn't expect it to be higher already.

GBBG Fund

NAV/Share

0.26124492 BTC
$18.55 USD

There is also little info bits alongside the member numbers which clear up what they mean

Applicants - Applicants are all people that registered but have NOT made a donation.
Reserve Members - Reserve members have registered and made a donation LESS THAN the value of 1 Bitcoin.
Founder Members - Founder members have registered and made a donation of 1 Bitcoin in value or greater.

There is also a notice on the referral page

NOTICE

We did not process rewards payments on 03/21. We will resume processing them on 03/22 or 03/23. We are moving to a much stronger and dependable bitcoin wallet and payment system. It is our desire to provide the highest level of security possible to protect our business and our members. Sorry for the inconvenience.

Oh and now past 500 donations on the GFM page.

Bitcoin value above $70

So looks like all is going well but remember the launch is not until July. It looks like there may be a lot more come out before then though.

aussie_striker
03-22-2013, 05:35 AM
Oh and I must say ribshaw, given that you are from Nigeria, I can safely say that fact alone would make anything you say suceptable to questioning the credibility of yourself. That maybe profiling but is true, just yesterday I had someone try scamming me, they are everywhere but usually pretty easy to work out. But I bet not everyone in Nigeria is a scammer despite 90% of the world thinking so. Just like a lot of programs arent scams despite people thinking so at the start.

ribshaw
03-22-2013, 08:23 AM
The GBBG Fund has stats in the footer on the left hand side. I just noticed that today, remember the shares cost 0.25 BTC each. I didn't expect it to be higher already.

Yes, I am shocked too.(!) Just once these scammers should say, thanks for the cash, we are partaking in strippers, coke, and fast cars at your expense. Thank you for being so stupid.
What on earth would they do to rope in more dupes other than make the price of their pretend fund go up? Never in history has a scammer said "I am losing money hand over fist".

And yes Aussie, how inappropriate of me to poke a little fun at the Nigerian 419 scam on a site dedicated to evaluating scams. I think it is called irony, sort of like you claiming to be a big defender of scams at the same time you are promoting them. Think about this, if any of these deals had worked out, you could have loaned you pal the 100k yourself. Unless of course you are your pal, and are running this deal yourself.

Either way it is illegal to market investments the way BB is doing, and all money will be going to someone's lifestyle, not the next big thing.

aussie_striker
03-22-2013, 08:47 AM
Yes, I am shocked too.(!) Just once these scammers should say, thanks for the cash, we are partaking in strippers, coke, and fast cars at your expense. Thank you for being so stupid.
What on earth would they do to rope in more dupes other than make the price of their pretend fund go up? Never in history has a scammer said "I am losing money hand over fist".

And yes Aussie, how inappropriate of me to poke a little fun at the Nigerian 419 scam on a site dedicated to evaluating scams. I think it is called irony, sort of like you claiming to be a big defender of scams at the same time you are promoting them. Think about this, if any of these deals had worked out, you could have loaned you pal the 100k yourself. Unless of course you are your pal, and are running this deal yourself.

Either way it is illegal to market investments the way BB is doing, and all money will be going to someone's lifestyle, not the next big thing.

I have never claimed to be a defender of scams, quite the opposite, I normally tell others about scams. What deals are you talking about? What $100K are you talking about? You are entitled to have an opinion and I suppose in this world it is common for people to take the negative side because they are so used to things not being as good as they claim.

So I think it will be a case of wait and see for many of you here. Nobody has yet called this a scam that is involved in it. Only people on the outside that have not bothered to try it are calling it a scam. Now before you say that is what it is like with all scams, fine. There is nothing online that is new and just out that would ever be able to prove it is not a scam. It is not until there is a proven record that you can say it is not a scam. Even a proven paying record does not prove it though, until you get over about a 2 year period. However the compensation plan will normally make it obvious. If you look, and I mean really look, into the compensation plan you will see that this is not set up like a scam would be. This is setup so that it is sustainable.

There are going to be people that give it a go and others are not. This is a site for letting others know about scams, but really it is not fair to label something a scam with no proof. You can say you think it is a scam and state your reasons for thinking that, but to just say it is with little reason is not good enough. Sure sometimes it is hard to tell and other times people may get it wrong. I know most of the time on here it is easy to pick the scams but i think people have become too used to everything being a scam when it isnt the case.

ribshaw
03-22-2013, 08:59 AM
The 100k was the money you were trying to get for your other pal at scamvillage or whatever. Actually Aussie it is incumbent upon YOU to prove it is not a scam to the community.

1. Where are the resumes of the principals involved?
2. What contracts do they have signed with industry to allow people to download music, books, and movies?
3. How about the free calls, can you tell us about that infrastructure?
4. What sort of licensing has been obtained to market investments?
5. And better yet can you tell us who is managing these investments, what is their track record?

So I will let you get started on proving to the class that it is not a scam. But in anticipation of continued obfuscation allow me to share your answers with the group.

1.-5. Confidential due to blah blah blah.

aussie_striker
03-22-2013, 09:58 AM
The 100k was the money you were trying to get for your other pal at scamvillage or whatever. Actually Aussie it is incumbent upon YOU to prove it is not a scam to the community.

1. Where are the resumes of the principals involved?
2. What contracts do they have signed with industry to allow people to download music, books, and movies?
3. How about the free calls, can you tell us about that infrastructure?
4. What sort of licensing has been obtained to market investments?
5. And better yet can you tell us who is managing these investments, what is their track record?

So I will let you get started on proving to the class that it is not a scam. But in anticipation of continued obfuscation allow me to share your answers with the group.

1.-5. Confidential due to blah blah blah.

Are you talking about the $100K investment Tagvillage were offering to pay 10% return on? If that is the case I don't see what t has to do with this, nor is there anything wrong with that. Is everything a scam to you?

1. Just like bitcoins which are now capitalized at over $700 million dollars, BitBillions are anonymous. As stated in the Q&A with the question of who is behind GBBG

GBBG is an autonomous and anonymous network of members. The organization NEVER asks any personal information from any member. Therefore, it is IMPOSSIBLE for any person to know or disclose any other member’s information.

2. Who needs a contract for selling music, books or movies? I could sell them through amazon or itunes myself if I wanted. It says nothing about downloads although it would most likely be the format used.

Revenue will be generated through advertising, premium communication services, payment processing, currency exchanges, sales of books, sales of music, sales of movies, and many other income producing mediums.

3. Free calls, well all I can say is I expect it will be something like skype. I can't think of anything else that you would do it like if you wanted to. There is no further information at this stage about that.

4. I can only put what it has on the site

This is NOT a financial instrument, banking instrument, or security. The GBBG Bitcoin Fund is entirely based in the bitcoin economy and ALL trades will be performed in bitcoins. Participants will purchase shares using bitcoins and receive bitcoins when selling shares. The fund will strategically place bitcoins into carefully selected opportunities that are designed to produce positive results.

5. I don't think that will ever be known who is managing it. That would go against the whole privacy issue. Having said that I have owned managed funds before and knew little of who was managing them as well.

ribshaw
03-22-2013, 10:12 AM
Answer to 1. Is painfully obvious you are dealing with a scammer. You seem to not know about the law for number2, 4, and 5 in the US. It does not matter if it is BitCoins or Holly Hobbie's undies, the way they are marketing its illegal. That disclaimer means 0, nothing, nada, as will anyone's investment. As for the rest you have just further convinced me and anyone with a brain it is a scam. Here are some buzzwords of scammers for those who want to protect their money courtesy of John T Reed. Added a little bold and underline action to a few I think we have heard with BB.

Real estate artist B.S. Detection checklist (http://www.johntreed.com/BSchecklist.html)


perfect offer
confidential
sure-fire
removes doubts
secret (if it ever was a secret, it stopped being one when he sold the first copy)
cinch
always
lazy way
anyone can make a killing
removes risk
easy money
easily determine market value
air-tight
take the fear out
risk-free
judgment proof
insider
painless
fool-proof
safe
win/win
removes guesswork
easy
magic
bulletproof
gold mine
complete
riches
This is not a get-rich-quick scheme
automatic
dream stealer
no-brainer

wealth
nothing down
cookie cutter
global (unless they are in the international shipping or moving business)
pro
creative
money machine
wiz
program
Hawaii
success
quick
offshore
foreign
boot camp
course
discount
fortune

aussie_striker
03-22-2013, 10:22 AM
Answer to 1. Is painfully obvious you are dealing with a scammer. You seem to not know about the law for number2, 4, and 5 in the US. It does not matter if it is BitCoins or Holly Hobbie's undies, the way they are marketing its illegal. That disclaimer means 0, nothing, nada, as will anyone's investment. As for the rest you have just further convinced me and anyone with a brain it is a scam. Here are some buzzwords of scammers for those who want to protect their money courtesy of John T Reed. Added a little bold and underline action to a few I think we have heard with BB.

Real estate artist B.S. Detection checklist (http://www.johntreed.com/BSchecklist.html)


perfect offer
confidential
sure-fire
removes doubts
secret (if it ever was a secret, it stopped being one when he sold the first copy)
cinch
always
lazy way
anyone can make a killing
removes risk
easy money
easily determine market value
air-tight
take the fear out
risk-free
judgment proof
insider
painless
fool-proof
safe
win/win
removes guesswork
easy
magic
bulletproof
gold mine
complete
riches
This is not a get-rich-quick scheme
automatic
dream stealer
no-brainer

wealth
nothing down
cookie cutter
global (unless they are in the international shipping or moving business)
pro
creative
money machine
wiz
program
Hawaii
success
quick
offshore
foreign
boot camp
course
discount
fortune

And I've seen most of those words associated with every single legitimate business on the planet as well...means absolutely nothing

okosh
03-22-2013, 04:39 PM
Oh and I must say ribshaw, given that you are from Nigeria, I can safely say that fact alone would make anything you say suceptable to questioning the credibility of yourself. That maybe profiling but is true, just yesterday I had someone try scamming me, they are everywhere but usually pretty easy to work out. But I bet not everyone in Nigeria is a scammer despite 90% of the world thinking so. Just like a lot of programs arent scams despite people thinking so at the start.

Shame on you.....

Just for the record not all Aussies think like this or share such a ridiculous opinion. :RpS_wink:

aussie_striker
03-22-2013, 10:54 PM
Shame on you.....

Just for the record not all Aussies think like this or share such a ridiculous opinion. :RpS_wink:

Okosh, have you read his comments? You might also re-read what I wrote, I was stating it is a common opinion, not necessarily my own. However having said that given the comments he has made it is hard to take him seriously.

littleroundman
03-22-2013, 11:00 PM
1. Just like bitcoins WHICH SAY THEY are now capitalized at over $700 million dollars,

There, fixed it for ya.

How easy is it to run an internet HYIP scam these days ??

You can say anything you like and someone will believe you.

aussie_striker
03-22-2013, 11:37 PM
There, fixed it for ya.

How easy is it to run an internet HYIP scam these days ??

You can say anything you like and someone will believe you.

Sorry LittleRoundMan you are incorrect. It is not bitcoins that say they are valued at that, it is the financial markets that say it. In fact you can find many sources that show that. There is one part that is wrong though, I said 700 million, most sources are now saying 800 million.


The value of Bitcoins outstanding has now exploded beyond $800 million. Colas notes that if Bitcoin were a country, its outstanding currency would rival the annual gross domestic product of a dozen World Bank-recognized nations.

Read more: As Cyprus Implodes, Bitcoin Interest Explodes | Fox Business (http://www.foxbusiness.com/investing/2013/03/22/bitcoin-interest-explodes-as-cyprus-nearly-implodes/#ixzz2OKnLXXmv)

aussie_striker
03-22-2013, 11:38 PM
There is now a blog on the site with two new posts and one about the free bitcoins coming.


Mainstream Advertising Network Placement

Posted: Friday, March 22nd, 2013
Category: GBBG Fund

GBBG Bitcoin Fund enters initial draft agreement for placement with mainstream online and mobile advertising network. The fund will place bitcoin capital into a growing advertising and publishing network in exchange for repayment of capital with interest along with long-term revenue share arrangement. As many know, online advertising can generate substantial revenue potential. This particular advertising network is unique due to some important variables:


Unique delivery concepts
Proprietary software and technology
Global marketplace with local marketing focus
Unique brand and content






Fund managers are proud to announce this initial placement agreement. This seems to be a very well-managed, well-planned organization. Due to competitive environment and lack of completed agreement, we are not prepared to release the name of the placement. The placement is within a live website with live operations. Our capital will be used for marketing, expansion, and growth of their sales and product. We will release more specific information, including the name of the site, as soon as we are able.

DISCLOSURE: Due to the fact that the GBBG Bitcoin Fund makes all placements in the form of bitcoin ONLY, and we expect repayment of capital, earnings, and revenue sharing in the form of bitcoin ONLY, our negotiations may be a bit longer and more complex than normal. We ask participants to bear with the complexity and relative newness of bitcoin as a means of exchange.


Bitcoin Penny Auction Placement

Posted: Friday, March 22nd, 2013
Category: GBBG Fund

GBBG Bitcoin Fund enters initial draft agreement for placement with upcoming bitcoin ‘penny auction’ site. The fund will place bitcoin capital into the upcoming site in exchange for repayment of capital with interest along with long-term revenue share arrangement. As many know, penny auction sites can generate substantial traffic and revenue potential. This particular penny auction will be unique due to some important variables:

They will ONLY accept bitcoins for all purchases
Members (users) can buy/sell goods, services and even bitcoins
Global access (not limited to USA or a few countries as most penny auctions)
Unique brand and content

Fund managers are proud to announce this initial placement agreement. This seems to be a very well-managed, well-planned organization. Due to competitive environment and lack of completed product, the site has not yet been announced or published. The site plans to be live by late April or early May. We will release more specific information, including the name of the site, as soon as we are able.

DISCLOSURE: Due to the fact that the GBBG Bitcoin Fund makes all placements in the form of bitcoin ONLY, and we expect repayment of capital, earnings, and revenue sharing in the form of bitcoin ONLY, our negotiations may be a bit longer and more complex than normal. We ask participants to bear with the complexity and relative newness of bitcoin as a means of exchange.

littleroundman
03-23-2013, 12:29 AM
Yep,

get into penny auctions and advertise on HYIP ponzi forums, that always works.





OH !!!

aussie_striker
03-23-2013, 01:27 AM
Yep,

get into penny auctions and advertise on HYIP ponzi forums, that always works.

OH !!!

Well the advertising is by members, not by the company and penny auctions can be very lucrative. This is only a start...Already there are connections being made and all you guys can do is say its bad. This is proof it is not just a simple site setup to scam people, there is more going on here, can't you see that.

littleroundman
03-23-2013, 01:50 AM
Sure, Aussie Striker,

you're promoting an alternative currency which is directly linked with illegal HYIPS and the recent rash of failed penny auctions.

No matter WHAT is "going on here" you and your cohorts have put themselves behind the 8ball.

All anyone has to do is say: "If Bitcoin wants to be taken seriously......................................... ........................"

ONE sniff of money laundering or ONE sniff of criminal usage or ONE sniff of corruption and you can kiss your ass goodbye, no matter how "good" the idea is or how honest the intention behind Bitcoin.

Do you seriously think the world is going to stand by and have criminal activity flaunted right in its' face ???

aussie_striker
03-23-2013, 02:43 AM
Sure, Aussie Striker,

you're promoting an alternative currency which is directly linked with illegal HYIPS and the recent rash of failed penny auctions.

No matter WHAT is "going on here" you and your cohorts have put themselves behind the 8ball.

All anyone has to do is say: "If Bitcoin wants to be taken seriously......................................... ........................"

ONE sniff of money laundering or ONE sniff of criminal usage or ONE sniff of corruption and you can kiss your ass goodbye, no matter how "good" the idea is or how honest the intention behind Bitcoin.

Do you seriously think the world is going to stand by and have criminal activity flaunted right in its' face ???

It seems you are confusing bitcoins with BitBillions. Bitcoins have been around since 2009. Maybe you should do some research before talking about something you don't seem to know about.

NikSam
03-23-2013, 03:24 AM
Aussie, you missed the point, no matter how attractive bitcoins might sound as an alternative or "people's" currency.
It will and is used for money laundering and fraud in 99% of cases - "if You build it - They will come"

littleroundman
03-23-2013, 04:34 AM
Aussie, you missed the point, no matter how attractive bitcoins might sound as an alternative or "people's" currency.
It will and is used for money laundering and fraud in 99% of cases - "if You build it - They will come"

Yep,

"We know everything else on the usual suspect HYIP ponzi forums is both illegal and designed to take your money, but, trust us, this one is legitimate and different"

That'll work.

aussie_striker
03-23-2013, 05:22 AM
Aussie, you missed the point, no matter how attractive bitcoins might sound as an alternative or "people's" currency.
It will and is used for money laundering and fraud in 99% of cases - "if You build it - They will come"

What's your point, so is normal money, vending machines, small business, lawyers, currency processors and the list goes on and on and on. It would be a very small proportion of moneyu laundering.


In 1996 the International Monetary Fund estimated that two to five percent of the worldwide global economy involved laundered money. However, the Financial Action Task Force on Money Laundering (FATF), an intergovernmental body set up to combat money laundering, stated that "overall it is absolutely impossible to produce a reliable estimate of the amount of money laundered and therefore the FATF does not publish any figures in this regard".[1] Academic commentators have likewise been unable to estimate the volume of money with any degree of assurance.

NikSam
03-23-2013, 05:48 AM
What's your point, so is normal money, vending machines, small business, lawyers, currency processors and the list goes on and on and on. It would be a very small proportion of moneyu laundering.

My point is the use of non regulated / monitored /backed currency only attracts scammers, regular folks would never need it.
however the real banking/financial system is corrupted - that can be fixed,monitored,regulated
does not matter how bad it is, according to you, it is the only real system people will use.

Utopian currencies will never rule the world, but will be used by scammers.

And are you trying to say that normal money, vending machines, small business, lawyers are primary used for scams ?
(i removed the "currency processors", as you might notice, from that list, cause if you reference things like LR,PM,Payza,STP,Egopay,PexPay - those were built for scams)

littleroundman
03-23-2013, 05:49 AM
The fact you would quote a 1996 report on money laundering indicates how completely clueless you are WRT international financial matters.

Just the sort of spokesperson an "alternative currency" DOESN'T need if it wants to succeed.

Let me see,

who to believe, who to believe ??

The anonymous HYIP ponzi board fraud promoter, the Bureau of International Narcotics and Law Enforcement Affairs or the U.S. Department of State ??

http://i218.photobucket.com/albums/cc153/thelittleroundman/scams%202/us1_zpsddfffac4.jpg

With the greatest respect, Aussie Striker, but, geez, you are talking out of your anal orifice.

aussie_striker
03-23-2013, 07:54 AM
The fact you would quote a 1996 report on money laundering indicates how completely clueless you are WRT international financial matters.

Just the sort of spokesperson an "alternative currency" DOESN'T need if it wants to succeed.

Let me see,

who to believe, who to believe ??

The anonymous HYIP ponzi board fraud promoter, the Bureau of International Narcotics and Law Enforcement Affairs or the U.S. Department of State ??

http://i218.photobucket.com/albums/cc153/thelittleroundman/scams%202/us1_zpsddfffac4.jpg

With the greatest respect, Aussie Striker, but, geez, you are talking out of your anal orifice.

Gee I quote the first link I came across, didn't want to waste too much time on the subject. I was quoting an article that was written in the last 24 hours and that is what they had. So no I am not quoting something from ages ago at all...just that I did not put the full article in. If you read it it states that they have not been able to put a figure on it since then.

ribshaw
03-23-2013, 09:19 AM
Okosh, have you read his comments? You might also re-read what I wrote, I was stating it is a common opinion, not necessarily my own. However having said that given the comments he has made it is hard to take him seriously.

You have not given a single reason BB is the real deal. What you have said is trust me, this will be different than the last 5 ventures I got caught pimping that turned into nothing. You have said that you are so unsuccessful at finding the next big thing that don't even have $100,000 to loan to your friend at scamvillage. But hey for the rest of us it is a great deal so sign right up. There is zero business merit to anything you say, and you obviously have no track record of ever finding the next big thing.

You and any other sucker that ponies up a bitcoin to donate, another scam I might add since you are GIVING your money away, will suffer major :brokenheart::brokenheart::brokenheart::brokenhear t:!

JustTooMuchTime
03-23-2013, 06:25 PM
This Just In...

"U.S. Applies New Money Laundering Rules to Bitcoin, Defeating Its Purpose


Using Bitcoin to launder all the cash from your illegal dealings just got a little harder. The United States Treasury Department just enacted new rules to regulate Bitcoin and other virtual currencies, making it subject to the same level of scrutiny as other forms of currency. That's bad news for anyone looking to launder money using Bitcoin, but it could be good news for proponents of virtual currency for legitimate purposes.

The new rules will see Bitcoin regulated like Western Union. Little is expected to change for individuals trading in Bitcoins, but businesses will be required to keep more detailed records of the transactions. There will also now be a rule that any transactions over $10,000 must be reported."

More...http://mashable.com/2013/03/23/bitcoin-regulatio/
...via Bitcoin Virtual Cash Gets Money-Laundering Rule - WSJ.com (http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html) ...


"The American Bankers Association in 2011 asked the Consumer Financial Protection Bureau to apply consumer financial protection laws uniformly across the financial sector regardless of whether an entity is a traditional bank or one of the evolving nonbank payment providers.

A CFPB spokeswoman declined to comment on the matter.

"This framework would wildly expand the reach of FinCen and the [Bank Secrecy Act],' said Patrick Murck, legal counsel for the Bitcoin Foundation, a trade group that promotes Bitcoin software and security standards. He said the government's rules "would be infeasible for many, if not most, members of the Bitcoin community to comply with."

The articles also address bitcoin as being especially attractive for cybercrime.

baylee
03-23-2013, 07:29 PM
This Just In...

"U.S. Applies New Money Laundering Rules to Bitcoin, Defeating Its Purpose



The new rules will see Bitcoin regulated like Western Union. Little is expected to change for individuals trading in Bitcoins, but businesses will be required to keep more detailed records of the transactions. There will also now be a rule that any transactions over $10,000 must be reported."

More...http://mashable.com/2013/03/23/bitcoin-regulatio/
...via Bitcoin Virtual Cash Gets Money-Laundering Rule - WSJ.com (http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html) ...



The articles also address bitcoin as being especially attractive for cybercrime.

Excellent find and is is easy to see why it is being pimped on the scam forums.

aussie_striker
03-24-2013, 12:12 AM
This Just In...

"U.S. Applies New Money Laundering Rules to Bitcoin, Defeating Its Purpose



The new rules will see Bitcoin regulated like Western Union. Little is expected to change for individuals trading in Bitcoins, but businesses will be required to keep more detailed records of the transactions. There will also now be a rule that any transactions over $10,000 must be reported."

More...http://mashable.com/2013/03/23/bitcoin-regulatio/
...via Bitcoin Virtual Cash Gets Money-Laundering Rule - WSJ.com (http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html) ...



The articles also address bitcoin as being especially attractive for cybercrime.

That's a good thing, the less crime able to be used on it the better. Just means that it will be even more attractive than before for business now.

aussie_striker
03-24-2013, 12:30 AM
You have not given a single reason BB is the real deal. What you have said is trust me, this will be different than the last 5 ventures I got caught pimping that turned into nothing. You have said that you are so unsuccessful at finding the next big thing that don't even have $100,000 to loan to your friend at scamvillage. But hey for the rest of us it is a great deal so sign right up. There is zero business merit to anything you say, and you obviously have no track record of ever finding the next big thing.

You and any other sucker that ponies up a bitcoin to donate, another scam I might add since you are GIVING your money away, will suffer major :brokenheart::brokenheart::brokenheart::brokenhear t:!

It doesn't matter what I say you wont be convinced anyway. I am just the middleman giving info available. You are not satisfied with anything. That's fine, you are entitled to the opinion. But get your facts straight. I have never said I have found the next big thing, you are making that up. I have never said to trust me, you are making that up. You are right, I do not have $100K to loan anyone, friends, businesses or family, my finances have nothing to do with this conversation. You are calling tagvillage a scam that has turned into nothing, well that shows you know nothing about that as well. It has been in development for 2.5 years and is fine tuning the advertising platform. It is undergoing live testing by many people including myself. Once it is all working 100% there will be a big marketing push to companies.

So instead of telling lies stick to the facts.
Can I prove that BitBillions is 100% legit, No I can't.
Do I think it is, Yes.
Has anything happened with it yet to make it appear to be a scam, No.
Have people lost any money because of it, No.
Has BitBillions shown what they are going to have as revenue sources, Yes but not in fine detail.
Do BitBillions have a sustainable compensation structure, Yes.
Is the returns projected by BitBillions unrealistic, No.
Is BitBillions a HYIP or Ponzi, No.
Is there people involved in promoting BitBillions that have promoted programs that failed before, Yes. Same could be said about all programs.

Overall nobody can say BitBillions is a scam, and nobody can say it is 100% legitimate. Right now everybody is speculating but most are labeling it with no proof. All programs will have levels of support. Surprisingly the ones with the highest levels of support are often the least legit, things like JBP, Zeek Rewards, PC, hourly revenue, etc. All of them had unsustainable compensation structures but people flocked to them. BitBillions has a sustainable compensation and people are more wary. Does not make a lot of sense does it.

littleroundman
03-24-2013, 01:13 AM
Does not make a lot of sense does it.

Perhaps to someone whose only experience in such matters is from participating in HYIP ponzi and get-rich-quick scams.

To anyone with the slightest bit of real world knowledge and experience, however, it makes complete sense.

It is not necessary to have "fine detail" or "comp plan" knowledge.

If you think the governments ( or REAL business) are going to stand by and allow BitCoin or anyone else to flaunt money laundering / tax evasion / criminal activity or the potential for them in their faces, you're sillier than you appear.

Further, if the U.S. has moved to regulate alternative currencies, rest assured the rest of the O.E.C.D. countries will follow, resulting in BitCoin being heavily scrutinized and subsequently less attractive to the general populace.

IM(very)HO, BitCoin may just barely make it to she start line, much less ever be able to be "up and running"

okosh
03-24-2013, 02:41 AM
Excellent find and is is easy to see why it is being pimped on the scam forums.

If that's not enough of a red flag then I don't know what is....

Bitcoin almost looks like a ponzi that's about ready to implode....

aussie_striker
03-24-2013, 07:27 AM
If that's not enough of a red flag then I don't know what is....

Bitcoin almost looks like a ponzi that's about ready to implode....

Apparently that's what people said when it started, then again when it rose high and crashed down, now they are saying it is possibly a bubble about to burst. But check what the financial people are saying and most of them say that it looks set to grow to much higher levels. Especially with things like regulation being applied, some will say that will hurt it but reality is that it adds credibility to it and that means people will take notice of it.

But bitcoins cannot be called a ponzi anyway, it is a digital currency. I really can't see how anyone can call it one, it has none of the characteristics of one.

littleroundman
03-24-2013, 09:13 AM
But bitcoins cannot be called a ponzi anyway, it is a digital currency. I really can't see how anyone can call it one, it has none of the characteristics of one.

Ponzi / pyramid / scam / fraud / good way to lose your money.

Who cares what label anonymous HYIP ponzi shills and pimps put on it ??

It's on the usual suspect HYIP ponzi forums being promoted by the usual suspect HYIP ponzi pimps.

aussie_striker
03-24-2013, 10:06 AM
Perhaps to someone whose only experience in such matters is from participating in HYIP ponzi and get-rich-quick scams.

To anyone with the slightest bit of real world knowledge and experience, however, it makes complete sense.

It is not necessary to have "fine detail" or "comp plan" knowledge.

If you think the governments ( or REAL business) are going to stand by and allow BitCoin or anyone else to flaunt money laundering / tax evasion / criminal activity or the potential for them in their faces, you're sillier than you appear.

Further, if the U.S. has moved to regulate alternative currencies, rest assured the rest of the O.E.C.D. countries will follow, resulting in BitCoin being heavily scrutinized and subsequently less attractive to the general populace.

IM(very)HO, BitCoin may just barely make it to she start line, much less ever be able to be "up and running"

Are you talking about bitcoin, or BitBillions? If you are talking about bitcoins, I think $800 million worth is a bit more than barely making it to the starting line

aussie_striker
03-24-2013, 10:11 AM
Sure, Aussie Striker,
you're promoting an alternative currency which is directly linked with illegal HYIPS and the recent rash of failed penny auctions.


I hadn't even head of bitcoins before BitBillions launched but they have been around since 2009. I have heard of plenty of HYIPS and penny auctions that have failed recently but I don't think any of them used bitcoins. All the ones I know of used USD. Does that mean they are going to ban USD? I don't think so.

ribshaw
03-24-2013, 11:13 AM
Here is what I find interesting Aussie. Over at Bitcointalk https://bitcointalk.org/index.php?topic=154089.msg1656361#msg1656361 your "ally" globalvillage (Merry Makowski) says:

"BUT the CEO or the company I am involved with for the last 2 and half years, has known about the GBBG organization for more then a year and he said: I believe wholeheartedly in their technology and business plan". His stating that was enough for me. In those 2 and half years, never yet I saw him recommending anything to anyone."

It would appear to me that he has knowledge of who some of these people in GBBG are. It would also appear that the company she is involved with is TagVillage. What I find curious is you said:

"GBBG is an autonomous and anonymous network of members. The organization NEVER asks any personal information from any member. Therefore, it is IMPOSSIBLE for any person to know or disclose any other member’s information. "

The above seems to directly conflict what the CEO of the company I believe to be Tagvillage implicitly claims. But there are two more things I find troubling with you being a "middle man" the first is the aforementioned loan you were brokering for Tagvillage. But more importantly this from your Linked In Page. Part of your duties are "Leadership Team at Tagvillage"
David Newman - Australia | LinkedIn (http://au.linkedin.com/pub/david-newman/28/5ab/b46)

So Aussie, am I a skeptical person, yes I am. Do I call everything a scam, no, but if it walks like a duck and quacks like a duck it is probably a duck. The evidence seems to point to the "chance meeting" of aussiestriker and globalvillage at Bitcointalk is anything but. You both appear to be affiliated with the same company and both seem to have access to the CEO. Yet one claims IN A PUBLIC message board to have insider knowledge from the CEO, at the same time you are saying you are just a "middleman" with no knowledge.

Could we chalk all this up to coincidence, no not really. But, people have limited funds to invest in their lifetimes and have to make sound decisions without having all the facts. Nothing on this adds up. I suspect that you and Merry are both insiders and that Tagvillage is somehow involved with BitBillions, enough to call shenanigans.

All BB amounts to at this point is a recruiting scheme. At some point they will hit people up for Gold Super Founder positions, or some such and then poof like so many other alchemists they will disappear with the money.

busttheblock
03-24-2013, 01:19 PM
He also quoted a psycho "financial analyst stating the price of a bitcoin "could get above $100K each". Are you for real Aussie?

Here is post: Bitbillions - Bitbillions.com (http://www.moneymakergroup.com/index.php?s=&showtopic=437053&view=findpost&p=7573540)

Looks like a bit of enticement from you, aussie, to get more referrals!



(
Here is what I find interesting Aussie. Over at Bitcointalk https://bitcointalk.org/index.php?topic=154089.msg1656361#msg1656361 your "ally" globalvillage (Merry Makowski) says:

"BUT the CEO or the company I am involved with for the last 2 and half years, has known about the GBBG organization for more then a year and he said: I believe wholeheartedly in their technology and business plan". His stating that was enough for me. In those 2 and half years, never yet I saw him recommending anything to anyone."

It would appear to me that he has knowledge of who some of these people in GBBG are. It would also appear that the company she is involved with is TagVillage. What I find curious is you said:

"GBBG is an autonomous and anonymous network of members. The organization NEVER asks any personal information from any member. Therefore, it is IMPOSSIBLE for any person to know or disclose any other member’s information. "

The above seems to directly conflict what the CEO of the company I believe to be Tagvillage implicitly claims. But there are two more things I find troubling with you being a "middle man" the first is the aforementioned loan you were brokering for Tagvillage. But more importantly this from your Linked In Page. Part of your duties are "Leadership Team at Tagvillage"
David Newman - Australia | LinkedIn (http://au.linkedin.com/pub/david-newman/28/5ab/b46)

So Aussie, am I a skeptical person, yes I am. Do I call everything a scam, no, but if it walks like a duck and quacks like a duck it is probably a duck. The evidence seems to point to the "chance meeting" of aussiestriker and globalvillage at Bitcointalk is anything but. You both appear to be affiliated with the same company and both seem to have access to the CEO. Yet one claims IN A PUBLIC message board to have insider knowledge from the CEO, at the same time you are saying you are just a "middleman" with no knowledge.

Could we chalk all this up to coincidence, no not really. But, people have limited funds to invest in their lifetimes and have to make sound decisions without having all the facts. Nothing on this adds up. I suspect that you and Merry are both insiders and that Tagvillage is somehow involved with BitBillions, enough to call shenanigans.

All BB amounts to at this point is a recruiting scheme. At some point they will hit people up for Gold Super Founder positions, or some such and then poof like so many other alchemists they will disappear with the money.

okosh
03-24-2013, 03:53 PM
Apparently that's what people said when it started, then again when it rose high and crashed down, now they are saying it is possibly a bubble about to burst. But check what the financial people are saying and most of them say that it looks set to grow to much higher levels. Especially with things like regulation being applied, some will say that will hurt it but reality is that it adds credibility to it and that means people will take notice of it.

But bitcoins cannot be called a ponzi anyway, it is a digital currency. I really can't see how anyone can call it one, it has none of the characteristics of one.

Next you gonna tell me that Altergold wasn't a ponzi either.......

NikSam
03-24-2013, 05:04 PM
Apparently that's what people said when it started, then again when it rose high and crashed down, now they are saying it is possibly a bubble about to burst. But check what the financial people are saying and most of them say that it looks set to grow to much higher levels. Especially with things like regulation being applied, some will say that will hurt it but reality is that it adds credibility to it and that means people will take notice of it.

But bitcoins cannot be called a ponzi anyway, it is a digital currency. I really can't see how anyone can call it one, it has none of the characteristics of one.

Who do you call financial people exactly? some liberal arts professors or morons from Fox News?
Wait for it, bitcoin miners are preparing a very big surprise , they been waiting for chance to dump it all for awhile :)
when do you think they will consider the price is right? perhaps $100 ? :)
when do you think they will consider the price is too low and stop dumping them? perhaps $5 (lower than that they just taking losses with electric bills)

Do any of your financial people even apprehend the concept where those bitcoins come from ? do they understand the mining process and all what moves the prices ?
Do they understand that miners just waiting for a price resistance to start dumping bitcoins ?
Did you see any respectful mathematicians/cryptologists claim there is no way to manipulate and inject unminned bitcoins?

baylee
03-24-2013, 08:49 PM
As I read across the different forums, more problems seem to be cropping up with this so called .....Errrr... program. I am not a fortune teller but I see more and more problems in it's future.......

okosh
03-24-2013, 08:58 PM
As I read across the different forums, more problems seem to be cropping up with this so called .....Errrr... program. I am not a fortune teller but I see more and more problems in it's future.......

My crystal ball says "imploded ponzi".....

aussie_striker
03-24-2013, 10:24 PM
Here is what I find interesting Aussie. Over at Bitcointalk https://bitcointalk.org/index.php?topic=154089.msg1656361#msg1656361 your "ally" globalvillage (Merry Makowski) says:

"BUT the CEO or the company I am involved with for the last 2 and half years, has known about the GBBG organization for more then a year and he said: I believe wholeheartedly in their technology and business plan". His stating that was enough for me. In those 2 and half years, never yet I saw him recommending anything to anyone."

It would appear to me that he has knowledge of who some of these people in GBBG are. It would also appear that the company she is involved with is TagVillage. What I find curious is you said:

"GBBG is an autonomous and anonymous network of members. The organization NEVER asks any personal information from any member. Therefore, it is IMPOSSIBLE for any person to know or disclose any other member’s information. "

The above seems to directly conflict what the CEO of the company I believe to be Tagvillage implicitly claims. But there are two more things I find troubling with you being a "middle man" the first is the aforementioned loan you were brokering for Tagvillage. But more importantly this from your Linked In Page. Part of your duties are "Leadership Team at Tagvillage"
David Newman - Australia | LinkedIn (http://au.linkedin.com/pub/david-newman/28/5ab/b46)

So Aussie, am I a skeptical person, yes I am. Do I call everything a scam, no, but if it walks like a duck and quacks like a duck it is probably a duck. The evidence seems to point to the "chance meeting" of aussiestriker and globalvillage at Bitcointalk is anything but. You both appear to be affiliated with the same company and both seem to have access to the CEO. Yet one claims IN A PUBLIC message board to have insider knowledge from the CEO, at the same time you are saying you are just a "middleman" with no knowledge.

Could we chalk all this up to coincidence, no not really. But, people have limited funds to invest in their lifetimes and have to make sound decisions without having all the facts. Nothing on this adds up. I suspect that you and Merry are both insiders and that Tagvillage is somehow involved with BitBillions, enough to call shenanigans.

All BB amounts to at this point is a recruiting scheme. At some point they will hit people up for Gold Super Founder positions, or some such and then poof like so many other alchemists they will disappear with the money.
Ok, a lot of different points here.

1. What Merry is referring to is something that was on the GoFundMe page for about a day. The CEO of Tagvillage had that comment on the page which contained that quote. So maybe he does know people involved. Somewhere, someone has to right? Doesn't mean they are going to tell anyone who though.

2. Merry is a member of Tagvillage and has been since it started as it states, so am I.

3. I have never brokered a loan. Tagvillage made the offer for anyone to take up. All they had to do was contact the CEO. I had nothing to do with it apart from putting a post up letting people know what the offer was. I don't know why you are so hungup over an offer a company made. It is a bit like you having a go at a bank for offering a discount rate then saying your mate down the street that told you about it is the broker for it.

4. The Tagvillage Leadership team was a group of people that had the biggest business in tagvillage. So yes I was on it. Duties involved helping tell other members about what was going on and occassionally testing something on the site before it was released live. The group has since been renamed Long Term Supporters Group and expanded the numbers. There is about 30-40 people in it now who represent many countries and have some of the largest tagvillage businesses. Being part of the group does not give any power or anything like that, it is just like a representative group that the CEO can discuss developments and sometimes get opinions on certain things. Merry is also in this group. As for having access to the CEO, he is very approachable, he has talked to many members even outside of this group. He doesn't try to hide.

5. Tagvillage are involved with BitBillions now as they are the advertising network that is discussed on the blog page. This will benefit both companies.

6. BitBillions have now also launched the bitcoin fund, they have the advertising on the site, they are linking with a penny auction site, they will soon have something you can get free bitcoins with. Is it just a recruiting site, I don't think so but right now they want to get up to 50,000 members so recruiting is going to be a big part of that obviously. That isn't all that is there though and there is a lot more to come. Most of what they have started is not what is on the site that they are building, although those things they need the numbers for first before releaseing I think.

aussie_striker
03-24-2013, 10:33 PM
He also quoted a psycho "financial analyst stating the price of a bitcoin "could get above $100K each". Are you for real Aussie?

Here is post: Bitbillions - Bitbillions.com (http://www.moneymakergroup.com/index.php?s=&showtopic=437053&view=findpost&p=7573540)
Looks like a bit of enticement from you, aussie, to get more referrals!
(

Well I was quoting Max Keier yes. Will it happen, who knows, on a video I saw he gave good reason why it should be that much.


I don't know him but had someone tell me he is often right.


Next you gonna tell me that Altergold wasn't a ponzi either.......

Never heard of it


Who do you call financial people exactly? some liberal arts professors or morons from Fox News?
Wait for it, bitcoin miners are preparing a very big surprise , they been waiting for chance to dump it all for awhile :)
when do you think they will consider the price is right? perhaps $100 ? :)
when do you think they will consider the price is too low and stop dumping them? perhaps $5 (lower than that they just taking losses with electric bills)

Do any of your financial people even apprehend the concept where those bitcoins come from ? do they understand the mining process and all what moves the prices ?
Do they understand that miners just waiting for a price resistance to start dumping bitcoins ?
Did you see any respectful mathematicians/cryptologists claim there is no way to manipulate and inject unminned bitcoins?

Well google is my source and there is plenty of info out there. Do they know what they are talking about, well they know a lot more than I do about it, some more than others I guess. Most people in the bitcoin community do not want to let it go at $100 because they expect it to go much higher than that.


As I read across the different forums, more problems seem to be cropping up with this so called .....Errrr... program. I am not a fortune teller but I see more and more problems in it's future.......

There hasn't been any problems crop up. Not sure what you are talking about?


My crystal ball says "imploded ponzi".....

I think you need a new crystal ball, yours is broken.

okosh
03-25-2013, 12:08 AM
I think you need a new crystal ball, yours is broken.

It's Aussie made so it's of the highest quality....No way it's broken :RpS_wink:

busttheblock
03-25-2013, 06:15 AM
What a shocker that Merry is over there pimping this scam also. She thinks she can pull the wool over their faces by pretending to be a savvy businesswoman, but anyone that has been around knows that she is nothing but a ponzi queen.

ribshaw
03-25-2013, 09:27 AM
Aussie,

Allow me to respond to your last two posts to me in as succinct fashion as possible. Your promotion of BitBillions said that it would bring Bill Gates out of retirement and possibly eliminate the need for Amazon, Google, Face Book, etc. Or something like that. If that is not "the next big thing", then I don't know what is. Second, the only information you have provided on this "opportunity" is the payment plan. If that does not say "trust me", then I don't know what does.

At this point, all any of us know is what the payment plan is for recruiting and what it is proposed to be if they ever get off the ground. As for the "product", it largely looks like a bunch of stuff that is ALREADY available. Whoo Hooo, somebody hold me back I can now download music and movies, what next blogging? So you have offered nothing more than a recruiting scheme.

Now, why continue to bring up the loan or the past flops that you have promoted? BECAUSE IT MATTERS THAT'S WHY. Any of us can have some salesmen sitting at our dinner table every night of the week telling us where to put our money. And in almost ALL situations the "opportunity" proves to be in the salesman's interest not ours. So who to invest with?
Speaking for myself, if I wanted to listen to someone on an "opportunity" I would listen to someone who was actually successful. Sam Zell and not Robert Kyiosaki comes to mind, but Sam Zell is not giving advice, Kyiosaki is selling it.

As for the loan, the FACT that Tagvillage had to go to net for the loan means every bank, loan broker, venture capitalist, angel investor, and local business man who knows the CEO said NO WAY am I loaning this guy money. Wow, what a glowing endorsement, where do I sign? Second as it relates to you Aussie. You are all over the net promoting business "opportunities", yet since you don't have 100K to loan that puts you in the salesmen category, not the successful investor category. Couple this with the other failed ventures you have promoted, and I have no reason to believe BB will be anything but another money wasting flop.

There is a clear conflict between what you and Merry said about the CEO and GBBG despite by your own words having similar access to the CEO. I would think if you were promoting an "opportunity" you would want to have as much information as possible, that appears not to be the case. But what bothers me is someone is lying in this situation and the reader has no way to verify who. If you can't verify something like this in evaluating a business, keep your money in your pocket.

Aussie, this is a forum for people not only to banter back and forth, but for others to come and evaluate opportunities pro or con. Personally, I would never give my money to anyone hiding behind a Go Daddy website. I think anyone that would should be fitted for a tight helmet and mittens to keep them away from the keyboard. No one is going to get rich with BB and it can not even be taken seriously as a business "opportunity".

MOST IMPORTANTLY:
The BitFund being is being marketed illegally in the states as it needs to be registered as an investment. That alone is enough to keep anyone with any sense away. But like so many other scams, I am sure they will work on "complying with the law" about the time the payments are scheduled to be made.

littleroundman
03-25-2013, 09:46 AM
Aussie_Striker recommends on the Talkgold HYIP ponzi forum:

(oh, and, BTW, this is only for 2 weeks of February 2006)

HYIPJoy

Newdaysplan

2dayprofit

Profithourly

eCurrencyReserve

football-funds

rockfunds 3

NeverEndGame

DeveInvestment

TagVillage

KuleSearch

invest-biz

EInvestPro

Wolfunds

HYIPus

TingerInvest

HYIP4Dummies

gearHYIP

So, we should believe Aussie_Striker now because........................................... ................................??

aussie_striker
03-25-2013, 09:51 AM
Aussie,

Allow me to respond to your last two posts to me in as succinct fashion as possible. Your promotion of BitBillions said that it would bring Bill Gates out of retirement and possibly eliminate the need for Amazon, Google, Face Book, etc. Or something like that. If that is not "the next big thing", then I don't know what is. Second, the only information you have provided on this "opportunity" is the payment plan. If that does not say "trust me", then I don't know what does.

At this point, all any of us know is what the payment plan is for recruiting and what it is proposed to be if they ever get off the ground. As for the "product", it largely looks like a bunch of stuff that is ALREADY available. Whoo Hooo, somebody hold me back I can now download music and movies, what next blogging? So you have offered nothing more than a recruiting scheme.

Now, why continue to bring up the loan or the past flops that you have promoted? BECAUSE IT MATTERS THAT'S WHY. Any of us can have some salesmen sitting at our dinner table every night of the week telling us where to put our money. And in almost ALL situations the "opportunity" proves to be in the salesman's interest not ours. So who to invest with?
Speaking for myself, if I wanted to listen to someone on an "opportunity" I would listen to someone who was actually successful. Sam Zell and not Robert Kyiosaki comes to mind, but Sam Zell is not giving advice, Kyiosaki is selling it.

As for the loan, the FACT that Tagvillage had to go to net for the loan means every bank, loan broker, venture capitalist, angel investor, and local business man who knows the CEO said NO WAY am I loaning this guy money. Wow, what a glowing endorsement, where do I sign? Second as it relates to you Aussie. You are all over the net promoting business "opportunities", yet since you don't have 100K to loan that puts you in the salesmen category, not the successful investor category. Couple this with the other failed ventures you have promoted, and I have no reason to believe BB will be anything but another money wasting flop.

There is a clear conflict between what you and Merry said about the CEO and GBBG despite by your own words having similar access to the CEO. I would think if you were promoting an "opportunity" you would want to have as much information as possible, that appears not to be the case. But what bothers me is someone is lying in this situation and the reader has no way to verify who. If you can't verify something like this in evaluating a business, keep your money in your pocket.

Aussie, this is a forum for people not only to banter back and forth, but for others to come and evaluate opportunities pro or con. Personally, I would never give my money to anyone hiding behind a Go Daddy website. I think anyone that would should be fitted for a tight helmet and mittens to keep them away from the keyboard. No one is going to get rich with BB and it can not even be taken seriously as a business "opportunity".

MOST IMPORTANTLY:
The BitFund being is being marketed illegally in the states as it needs to be registered as an investment. That alone is enough to keep anyone with any sense away. But like so many other scams, I am sure they will work on "complying with the law" about the time the payments are scheduled to be made.

To be honest I don't think you are adding to the conversation, just saying the same things over and over again. We know your opinion, you think it will fail, noted. I disagree so we will see how it pans out ok.

ribshaw
03-25-2013, 10:22 AM
To be honest I don't think you are adding to the conversation, just saying the same things over and over again. We know your opinion, you think it will fail, noted. I disagree so we will see how it pans out ok.

Couple of things, everyone here that has taken time to research and post has given you ample opportunity to prove BB is a real business. In my opinion you have not, others may be standing in line for 20 founder positions. I am writing for my own interest and the interest of anyone who is looking to evaluate this or any other "opportunity". So you thinking I am adding or not adding to the conversation is completely irrelevant to me. I am saying the same things over and over because you keep saying the same thing over and over. BB will be great, but no tangible reason why.

And one correction, I don't think BB will fail, I know it will fail

aussie_striker
03-25-2013, 08:31 PM
Couple of things, everyone here that has taken time to research and post has given you ample opportunity to prove BB is a real business. In my opinion you have not, others may be standing in line for 20 founder positions. I am writing for my own interest and the interest of anyone who is looking to evaluate this or any other "opportunity". So you thinking I am adding or not adding to the conversation is completely irrelevant to me. I am saying the same things over and over because you keep saying the same thing over and over. BB will be great, but no tangible reason why.

And one correction, I don't think BB will fail, I know it will fail

You keep thinking that...

The wallet upgrade is complete and the referral commissions have resumed, the ones from past few days have been completed already.

ribshaw
03-25-2013, 09:01 PM
Ohhh the Wallet Upgrade!

Bill Gates just reached for his Nitroglycerin pills.
Mark Zuckerberg is in the fetal position.
Jeff Bezos is asking mommy for a warm milk and a binky.

Please keep us updated, I am really excited now.

littleroundman
03-25-2013, 09:33 PM
Some of Aussie_Strikers' 2012 recommendations:

TagVillage HYIP ponzi

Co-Operative Achievement Plan HYIP ponzi

Iwowwe HYIP ponzi

Paradox Cash HYIP ponzi

EarthInv HYIP ponzi

JustBeenPaid HYIP ponzi

DoubleDollars HYIP ponzi

LiteCycler HYIP ponzi

MegaFlowBot HYIP ponzi

Elite Dollar Makers HYIP ponzi

Someone help me out here,

we should believe a thing Aussie_Striker says because........................................... ....................??

baylee
03-25-2013, 10:20 PM
I just looked at the talkgold crime forum on this Err, program and aussie and one other person are having a riveting discussion about this Eerrr , program, or whatever it is. Aussie is trying but I just don't see it happening.

littleroundman
03-26-2013, 03:14 AM
http://img14.imageshack.us/img14/9904/bitbs.jpg

BitBillions thread, Talkgold HYIP ponzi forum (http://www.talkgold.com/forum/showpost.php?p=5143730&postcount=33)

ribshaw
03-26-2013, 07:55 AM
Sort of off topic, but not really. Just heard this on the news this morning, this is how the funding in the technology world really works.

Yahoo purchased the Summly app, which summarises news stories from popular media companies, from its 17-year-old creator Nick D'Aloisio.

The price of purchasing the app has not been disclosed, but industry experts have suggested it could be between £20 million and £40 million.

Summly app created by British teenager is bought by internet giant Yahoo in deal worth 'dozens of millions' of pounds. - News - Gadgets & Tech - The Independent (http://www.independent.co.uk/life-style/gadgets-and-tech/news/summly-app-created-by-british-teenager-is-bought-by-internet-giant-yahoo-in-deal-worth-dozens-of-millions-of-pounds-8548788.html)

scratchycat
03-26-2013, 10:36 AM
BitBillions Compensation Plan (http://drgurmeet.com/bitbillions-compensation/)

I wanted to 'fix' the image on this page but did not want to get into trouble, so I will just say try looking at it upside down and it looks sooooo much like a pyramid.

Not too much off subject Ribshaw and on HLN this morning, it sounded like he was going to have to telecommute college and work at Yahoo! ???

ribshaw
03-26-2013, 10:52 AM
BitBillions Compensation Plan (http://drgurmeet.com/bitbillions-compensation/)

I wanted to 'fix' the image on this page but did not want to get into trouble, so I will just say try looking at it upside down and it looks sooooo much like a pyramid.

Not too much off subject Ribshaw and on HLN this morning, it sounded like he was going to have to telecommute college and work at Yahoo! ???

Not sure, I heard part of an interview with him on Bloomberg this morning, apparently he had made a treadmill app for your I Phone when he was 12 or so. Smart kid, if he stays away from 3X7 matrix plans should have a bright future.

baylee
03-26-2013, 11:14 AM
There hasn't been any problems crop up. Not sure what you are talking about?



.

See post #120 in this thread.

aussie_striker
03-26-2013, 12:14 PM
Some of Aussie_Strikers' 2012 recommendations:

TagVillage HYIP ponzi

Co-Operative Achievement Plan HYIP ponzi

Iwowwe HYIP ponzi

Paradox Cash HYIP ponzi

EarthInv HYIP ponzi

JustBeenPaid HYIP ponzi

DoubleDollars HYIP ponzi

LiteCycler HYIP ponzi

MegaFlowBot HYIP ponzi

Elite Dollar Makers HYIP ponzi

Someone help me out here,

we should believe a thing Aussie_Striker says because........................................... ....................??

You are very loose in the term recommendation, some of those (Elite dollar makers, Megaflowbot, Litecycler, Doubledollars, and Earthinv) were doublers and I had a page talking about them because at the time doublers were popular. I told people if they play with them expect them to not be around long and only risk what you are prepared to lose. That is not a recommendation in my language. If anything it was a warning not to risk too much for people that used them.

As for the others...JBP I have already said was a ponzi and I always said it was.

That leaves 4 programs and those 4 I have recommended.

Tagvillage - Has been in development for 2.5 years and is launching with full ad platform next month. Nobody has lost any money with the company, in fact with bonuses, every single person that has joined and bought tags in the past has made a profit. Not just some people, every person. From next month tagvillage should start marketing to advertisers and publishers.

Cooperative Achievement Plan - This is a site that I don't do much with but they are ok. In essence they have cyclers and I don't really like cyclers but I bought into this one for the advertising. It has grown and offers a lot of different levels to go in plus they have free rewards and more. There was no referral commissions at all on the site until they launched a daily plan over a year after they started. So I promoted it but not much and I was never going to get ref commissions because there was none. As I said I just use some of the advertising and for that is is not bad.

IWowwe - IWowwe is another business tool, it has video email, video conferencing, Broadcaster and autoresponder. It is a good product so yes I recommend it.

Paradox Cash - This one was a speculator but for $2 originally and members now it is only $4, it was worth having a go. Once again on joining there were no referral commissions. The plan being to grow this into a site for advertising with other linked sites. They have also added other useful features since then and it is still growing. Now in the 2nd stage with $4 for new members (one time) and a ref commission of $2 for their sponsor. They still have a long way to go to reach their goals but they have done a good job with some of the features on the site.

So off all the so called ponzis, the doublers are the only ones you could call that, and I warned people about them, not recommended them. I said they were worth a try but to expect to lose. The other businesses you are having a go at are running still and do not look like stopping. I really find it amazing that you are on a forum like this and you call things like tagvillage and iWowwe ponzis when they are so far from it you cannot even say they are in the same ballpark.

You shouldn't have posted this as you have just proven that your idea of a ponzi and hyip is totally off track, plus you have lied about me in the process.

ribshaw
03-26-2013, 03:56 PM
Tagvillage - Has been in development for 2.5 years and is launching with full ad platform next month. Nobody has lost any money with the company, in fact with bonuses, every single person that has joined and bought tags in the past has made a profit. Not just some people, every person. From next month tagvillage should start marketing to advertisers and publishers.

Yeah, I could be splitting hairs on my beautiful mulleted head, but quotes like this read a little more like hoping and praying than making money hand over fist:

"I am doing my level best but I am also helpless and in the hands of all thes eonline programmers and admins..It's what they say goes but I am really confident that Tagvillage will kick off nicely in April and hopefully in May we can all see some return on our investment at last and I can see some return for all the time and effort and investment I made."

GoldenTalk - The best forum about HYIP (High Yield Investment Programs) - Tagvillage Syndicate. (http://goldentalk.com/showthread.html?p=826122)

Wonder what they mean by AT LAST? Aussie, guess you meant to say every person except this prat.

ribshaw
03-26-2013, 04:05 PM
And there is this little ditty, hold on to those pretend fantasy credits boys and girls.

BAD NEWS

David Ruebush, CEO of tagvillage, inc. personally appologized and took responsibility for the fact that we said we would launch tag-trading on Wednesday, December 15th, 2010, yet that will not happen. During alpha stage testing of the software, major glitches have been detected that require correction. The development team is not comfortable publishing the software live on the site at this time. These glitches could directly impact the accounting of Credits transfers during trades. In order to protect the integrity of our platform and the credibility of member tagvillage referrers, we must correct these issues before Tag Trading may commence. We will focus our energy on the resolution of this issue and the completion of the entire software platform. We set a target date for January 1, 2011 for complete launch. The company does not guarantee a launch date of January 1, 2011, but will do everything within its power to meet that deadline.

Tag Village - Tagvillage.com (http://www.moneymakergroup.com/Tag-Village-Tagvillage-t364363.html)

So after three years of waiting, and a 17 year old getting $20,000,000 from Yahoo for a real app, a bunch of folks are finally going to hit the big dirty by recruiting their friends to recruit more friends. I can hardly keep my wallet on my hip.

aussie_striker
03-26-2013, 09:57 PM
And there is this little ditty, hold on to those pretend fantasy credits boys and girls.

BAD NEWS

David Ruebush, CEO of tagvillage, inc. personally appologized and took responsibility for the fact that we said we would launch tag-trading on Wednesday, December 15th, 2010, yet that will not happen. During alpha stage testing of the software, major glitches have been detected that require correction. The development team is not comfortable publishing the software live on the site at this time. These glitches could directly impact the accounting of Credits transfers during trades. In order to protect the integrity of our platform and the credibility of member tagvillage referrers, we must correct these issues before Tag Trading may commence. We will focus our energy on the resolution of this issue and the completion of the entire software platform. We set a target date for January 1, 2011 for complete launch. The company does not guarantee a launch date of January 1, 2011, but will do everything within its power to meet that deadline.

Tag Village - Tagvillage.com (http://www.moneymakergroup.com/Tag-Village-Tagvillage-t364363.html)

So after three years of waiting, and a 17 year old getting $20,000,000 from Yahoo for a real app, a bunch of folks are finally going to hit the big dirty by recruiting their friends to recruit more friends. I can hardly keep my wallet on my hip.

I fail to see your point. You are talking about a post from when tagvillage first started and sure it didn't start on the date planned. Second you are comparing with an app that someone made. Neither of these have anything to do with BitBillions in any way.

ribshaw
03-27-2013, 08:20 AM
I fail to see your point. You are talking about a post from when tagvillage first started and sure it didn't start on the date planned. Second you are comparing with an app that someone made. Neither of these have anything to do with BitBillions in any way.

Ah, thank you for bringing the subject back to BitBillions. I had been thinking about a way to introduce the potential yet very real risks of PEER TO PEER and ANONYMOUS users world wide. Both of which BitBillions claims to be/have. Rather than doing so in my garrulous and sardonic prose, I thought I would share what the FBI has to say:

Risks of Peer-to-Peer Systems

The FBI is educating and warning citizens about certain risks and dangers associated with the use of Peer-to-Peer systems on the Internet. While the FBI supports and encourages the development of new technologies, we also recognize that technology can be misused for illicit and, in some cases, criminal purposes.

Peer-to-Peer networks allow users connected to the Internet to link their computers with other computers around the world. These networks are established for the purpose of sharing files. Typically, users of Peer-to-Peer networks install free software on their computers which allows them (1) to find and download files located on another Peer-to-Peer user's hard drive, and (2) to share with those other users files located on their own computer. Unfortunately sometimes these information-sharing systems have been used to engage in illegal activity. Some of the most common crimes associated with Peer-to-Peer networks are the following:

Copyright Infringement: It is a violation of federal law to distribute copyrighted music, movies, software, games, and other works without authorization. There are important national economic consequences associated with such theft. The FBI has asked industry associations and companies that are particularly concerned with intellectual property theft to report to the FBI—for possible criminal investigation and prosecution—anyone that they have reason to believe is violating federal copyright law.

Child Exploitation and Obscenity: The receipt or distribution of child pornography and unlawful obscenity over the Internet also is a serious federal crime. The FBI cautions parents and guardians that, because there is no age restriction for the use of Peer-to-Peer services, pornography of all types is easily accessible by the many young children whose parents mistakenly believe they are only accessing music or movies. In fact, children may be exposed to pornography—and subsequently lured by sexual predators—even though they were not searching for pornography, as some network users deliberately mislabel the names of files for this purpose.

Computer Hacking: Peer-to-Peer networks also have been abused by hackers. Because these systems potentially expose your computer and files to millions of other users on the network, they also expose your computer to worms and viruses. In fact, some worms have been specifically written to spread by popular Peer-to-Peer networks. Also, if Peer-to-Peer software is not properly configured, you may be unknowingly opening up the contents of your entire hard drive for others to see and download your private information.

The FBI urges you to learn about the risks and dangers of Peer-to-Peer networks, as well as the legal consequences of copyright infringement, illegal pornography, and computer hacking. For more information about the law, visit USDOJ: CRM: About the Criminal Division (http://www.usdoj.gov/criminal). The FBI takes seriously its mission to enforce the laws against those who use the Internet to commit crime. To report cyber crime, please contact your local FBI Field Office, or file a complaint through the Internet Crime Complaint Center at Internet Crime Complaint Center (IC3) | Home (http://www.IC3.gov).

FBI — Peer-to-Peer Scams (http://www.fbi.gov/scams-safety/peertopeer)

aussie_striker
03-27-2013, 09:02 AM
Latest Blog Post

Rapid Referral Special Offer

Posted: Wednesday, March 27th, 2013
Category: General Info

Expires April 1st, 2013

Bitcoins are rising in value very quickly. When GBBG launched bitbillions.com the value of a bitcoin was around $30.00 USD. Today it is over $85.00 USD. We thought we would help our members to attract Founder referrals by offering an extremely limited SPECIAL OFFER.

From now until April 1st, 2013, we will grant complimentary Founder Member positions to ANYONE who donates 0.50 BTC (or equivalent value)!!!

This incredible opportunity is only available until April 1st, 2013. If you have been telling people about GBBG and bitbillions, but they have not yet decided to become a Founder member, NOW IS THEIR CHANCE to pounce! ANYONE who donates 0.50 BTC (or equivalent value) will be granted a complimentary Founder Member position! Hurry, don’t miss this incredible opportunity to get Founder referrals quickly!

ribshaw
03-27-2013, 09:10 AM
Aussie, if you are going to turn this into a spam board you should go back to MMG. You are given an uncensored opportunity to prove your case here as a business person, not as a spammer.

aussie_striker
03-27-2013, 10:36 AM
Aussie, if you are going to turn this into a spam board you should go back to MMG. You are given an uncensored opportunity to prove your case here as a business person, not as a spammer.

SO you are saying updates on the site do not add info about it. We all know your opinion ribshaw. I'm wondering what your opinion will be in 6 months when this is going strong still. Pretty sure you will still be saying it is a scam and is still going to fail...How about you come back then and comment. I'll even invite you to come back sooner if the site suddenly lives up to your prediction and fails...in fact that would be better come back then...that way I wont have to hear from you and you doomsday predictions anymore.

ribshaw
03-27-2013, 10:48 AM
SO you are saying updates on the site do not add info about it. We all know your opinion ribshaw. I'm wondering what your opinion will be in 6 months when this is going strong still. Pretty sure you will still be saying it is a scam and is still going to fail...How about you come back then and comment. I'll even invite you to come back sooner if the site suddenly lives up to your prediction and fails...in fact that would be better come back then...that way I wont have to hear from you and you doomsday predictions anymore.

NO it added no information other than to promote your scam(s). If you want to talk real business concepts, products, and updates when and if they actually occur the please post them here. For instance you could have addressed the threat Peer to Peer networks pose to users and how BB will deal with protection of its members data and prevent criminals from using the platform. But you have no f'ing idea how they will do that, or if they even have a real business. All you have is information about affiliate plans, and as another poster mentioned to you. "ET CETERA", there is no such thing, if BB was real it would be posted and explained on the website. This is a complete HOAX to steal people's money.

In the history of the world of business, all affiliate type programs have benefited the very few at expense of the very many. And in almost all cases affiliate er sorry "founder" programs have proven to be outright scams. If BB proves to be the one exception in 100s of years of business history, I will be more than happy to come back and say I was wrong.

But until that day, I will meet every one of your nonsense posts with another "doomsday prediction" until you go away or move on to your next great world changing "Opportunity".

baylee
03-27-2013, 08:39 PM
I'll even invite you to come back sooner if the site suddenly lives up to your prediction and fails...in fact that would be better come back then...that way I wont have to hear from you and you doomsday predictions anymore.

Sorry, but this reminds me of this sca...,program being promoted on all the scam forums because nobody knows where else to promote it. Surely you jest! As Colonel Potter said, Horse Hockey!

aussie_striker
03-30-2013, 11:55 AM
Sorry, but this reminds me of this sca...,program being promoted on all the scam forums because nobody knows where else to promote it. Surely you jest! As Colonel Potter said, Horse Hockey!

How is it that any business starts? It is true that all scams will start as unknown programs and sometimes they will build up very big before being shown for what they really are. Usually they are easy to pick. They will have regular payments to keep money in the system, while at the same time making peoples investment look like it is growing so they put in more. Yet in this case t is a one time donation and people do not even need to do that f they don't want to. Those that do will benefit more though, and so they should.

Every business starts somewhere. I have seen hundreds of scams in the past couple of years. I have even played with a few and made and lost money. I always knew that is what they were and I told others that was what they were. So it was a gamble with those and as I said, it was playing with them, not building them as anyone smart enough knew they weren't going to be around long. Still there were people suckered in to thinking they would make a fortune as it would last 6 months, even a year. Then they were surprised when it didn't.

I know how scams work, I have seen enough of them in the past. I don't even bother playing with them anymore and haven't for some time. It is not worth it when you can find much better opportunities to build. I think a lot of you have taken the first impression and put this in with those. All the compensation details lend weight to it not being a scam. When you know how they work you would know that this is set up very differently, the compensation plan has been made not to last 6 months to a year. It has been made to last for years. There is no fake money in the system that will be paying members. They will not earn money from nowhere. It is a revenue share model that will be a true revenue share, not like the ones that say they are when they also promise 2% a day which is a sure sign of a scam.

The bitcoin fund s supposed to launch live on 1st of April so that will be interesting. It has currently got 74 BTC invested, which is by no means a lot but it is a start. That is worth around $6700 in the fund as of 28Mar13. Will be very interesting to see how much the invested amount grows over the first month.
It is always difficult to start things like this, even more difficult to make them successful. I hope they manage as I think it could be really good.

busttheblock
03-30-2013, 08:39 PM
How is it that any business starts? It is true that all scams will start as unknown programs and sometimes they will build up very big before being shown for what they really are. Usually they are easy to pick. They will have regular payments to keep money in the system, while at the same time making peoples investment look like it is growing so they put in more. Yet in this case t is a one time donation and people do not even need to do that f they don't want to. Those that do will benefit more though, and so they should.

Every business starts somewhere. I have seen hundreds of scams in the past couple of years. I have even played with a few and made and lost money. I always knew that is what they were and I told others that was what they were. So it was a gamble with those and as I said, it was playing with them, not building them as anyone smart enough knew they weren't going to be around long. Still there were people suckered in to thinking they would make a fortune as it would last 6 months, even a year. Then they were surprised when it didn't.

I know how scams work, I have seen enough of them in the past. I don't even bother playing with them anymore and haven't for some time. It is not worth it when you can find much better opportunities to build. I think a lot of you have taken the first impression and put this in with those. All the compensation details lend weight to it not being a scam. When you know how they work you would know that this is set up very differently, the compensation plan has been made not to last 6 months to a year. It has been made to last for years. There is no fake money in the system that will be paying members. They will not earn money from nowhere. It is a revenue share model that will be a true revenue share, not like the ones that say they are when they also promise 2% a day which is a sure sign of a scam.

The bitcoin fund s supposed to launch live on 1st of April so that will be interesting. It has currently got 74 BTC invested, which is by no means a lot but it is a start. That is worth around $6700 in the fund as of 28Mar13. Will be very interesting to see how much the invested amount grows over the first month.
It is always difficult to start things like this, even more difficult to make them successful. I hope they manage as I think it could be really good.


Total bullsh*t from you. I just checked your threads you started in the MMG forum and NOT one of them did you ever warn anyone! You're so full of it!

littleroundman
03-30-2013, 09:31 PM
Total bullsh*t from you. I just checked your threads you started in the MMG forum and NOT one of them did you ever warn anyone! You're so full of it!

Never fear, with long term HYIP ponzi players like Aussie_Striker shilling for them on the usual suspect HYIP ponzi forums, Bit Billions will never become the alternative currency they think it will.

It may well become the currency of choice for the, shall we say "less than respectable" underbelly of the internet for a short time, but, as far as mainstream goes, FAWGEDDABOWDIT

JustTooMuchTime
03-31-2013, 12:04 AM
Never fear, with long term HYIP ponzi players like Aussie_Striker shilling for them on the usual suspect HYIP ponzi forums, Bit Billions will never become the alternative currency they think it will.

I think you mean BitCoin (currency). BitBillions is the "program".

littleroundman
03-31-2013, 12:17 AM
I think you mean BitCoin (currency). BitBillions is the "program".

If they (as in BitBillions and it's shills) wish to remain associated with all the peripheral frauds it is attracting, then no, I DO mean BitBillions.

JustTooMuchTime
03-31-2013, 03:14 AM
If they (as in BitBillions and it's shills) wish to remain associated with all the peripheral frauds it is attracting, then no, I DO mean BitBillions.

OK. I'm still not clear. Is BitBillions claiming to be a currency completely separate from BitCoin?

littleroundman
03-31-2013, 04:42 AM
OK. I'm still not clear. Is BitBillions claiming to be a currency completely separate from BitCoin?

That is my fault, I'M not being clear.

To me, there is no material difference between BitBillions and BitCoins, no matter how hard the "Aussie_Strikers" of the world try and make the distinction.

An endless chain recruiting system is an endless chain recruiting system whether it pays its' recruiters in points, dollars or funny money.

In fact, in the real world, any sort of system which attempts to bypass acceptable procedures WRT "money" is BOUND to attract unwanted attention from BOTH sides of the law.

aussie_striker
03-31-2013, 09:36 AM
That is my fault, I'M not being clear.

To me, there is no material difference between BitBillions and BitCoins, no matter how hard the "Aussie_Strikers" of the world try and make the distinction.

An endless chain recruiting system is an endless chain recruiting system whether it pays its' recruiters in points, dollars or funny money.

In fact, in the real world, any sort of system which attempts to bypass acceptable procedures WRT "money" is BOUND to attract unwanted attention from BOTH sides of the law.

That is funny, if you pile bitcoins and bitbillions in together you really do have no idea about this. It is like saying Walmart is the same as the USD.

littleroundman
03-31-2013, 09:46 AM
That is funny, if you pile bitcoins and bitbillions in together you really do have no idea about this. It is like saying Walmart is the same as the USD.

Do a quick Google using <bitcoin bitbillions> as the search terms

It doesn't matter what "I" or "we" think.

The two are inexorably linked.

ribshaw
04-01-2013, 01:50 PM
Just heard on CNBC that BitCoin value was now greater than the value of 20 currencies. That mention and a new show like Bitcoin Hillbillies are like ringing a bell that a bubble is about to end badly.

ribshaw
04-01-2013, 07:51 PM
CNBC BitCoin Video


http://video.cnbc.com/gallery/?play=1&video=3000158264

Bloomberg businessweek article this week on BitCoin

Bitcoin May Be the Global Economy's Last Safe Haven - Businessweek (http://www.businessweek.com/articles/2013-03-28/bitcoin-may-be-the-global-economys-last-safe-haven)

(!)Curiously absent from either big media story was any mention of BitBillions, Aussie Striker, Bill Gates coming out of retirement, or founders plan recruiting. But I am sure that was just an oversight. ((!))

okosh
04-02-2013, 11:45 PM
Do a quick Google using <bitcoin bitbillions> as the search terms

It doesn't matter what "I" or "we" think.

The two are inexorably linked.

They are linked....Just like Libertyreserve or STP are linked to xyzHYIP dot com....

ribshaw
04-19-2013, 08:29 AM
I fail to see your point. You are talking about a post from when tagvillage first started and sure it didn't start on the date planned.

I got to wondering how things were going over in Tagvillage land, and you cant imagine how shocked I was to find it did not launch as planned. :shocked: Lest anyone want to avoid the same fate with Bit Billions. Little Snippet and the link in case anyone really wants to read what the sucking sound of cash looks like on the interweb.

3656

Tag Village - Tagvillage.com (http://www.moneymakergroup.com/Tag-Village-Tagvillage-t364363.html&pid=7630362&st=210#entry7630362)

aussie_striker
04-28-2013, 10:58 PM
I got to wondering how things were going over in Tagvillage land, and you cant imagine how shocked I was to find it did not launch as planned. :shocked: Lest anyone want to avoid the same fate with Bit Billions. Little Snippet and the link in case anyone really wants to read what the sucking sound of cash looks like on the interweb.

3656

Tag Village - Tagvillage.com (http://www.moneymakergroup.com/Tag-Village-Tagvillage-t364363.html&pid=7630362&st=210#entry7630362)

Why are you still bring tagvillage into this. This is supposed to be about BitBillions. Besides that it did launch, it is just the advertising platform is not complete. The latest news article explained what happened there. The ad platform is currently in live testing which means advertisers are currently getting free advertising from it.

ribshaw
04-29-2013, 01:55 PM
Why are you still bring tagvillage into this.

WHY???????? SERIOUSLY???????? If someone asks me to invest my hard earned money in something I want to be able to assess their track record of picking winners. Everything that I have found publicly that you have touted has turned in to, shall we say a flop. Tagvillage included, who would have guessed there would be yet more delays? Just money games and referral fees is all I have seen, some people find that very relevant. Others may still be thinking Bill Gates is coming out of retirement due to BitBillions and Rishaw is an idiot.

ribshaw
08-05-2013, 08:50 PM
WHY???????? SERIOUSLY???????? If someone asks me to invest my hard earned money in something I want to be able to assess their track record of picking winners. Everything that I have found publicly that you have touted has turned in to, shall we say a flop. Tagvillage included, who would have guessed there would be yet more delays? Just money games and referral fees is all I have seen, some people find that very relevant. Others may still be thinking Bill Gates is coming out of retirement due to BitBillions and Rishaw is an idiot.

https://bitcointalk.org/index.php?PHPSESSID=iracnbba6tlprogq9j789qgki2&topic=147613.280

Yeah, who would have guessed something like this would happen?

5419

5420
5421
5422

budgie keeper
09-26-2013, 09:03 PM
They're not getting even the couple thousand they thought would come running. And when my cousin looked into it, they were offering a 'Founder' position payable by Visa (and other ways).
Several days later, he got an email from the idiots who were supposed to process the payment: their processor screwed up.

Offer of payment through Visa withdrawn. When my cousin was told, he told them that one of the two remaining options, PayPal, required him giving them his bank info - which he would NOT consider doing. And from what little he could tell, there was no way to buy bitcoins online with any anonymity and real security.

He got a puerile, obnoxious email in return, telling him simple it was and suggesting a few of 'wallets.' One allowed you to open an account (get a 'wallet') anonymously - but none offered anonymity when it came to purchasing a coin.

How long did he have? BitBillions never replied, except to say it was on the site. (With the same effort, they could have told him.) He couldn't find it, nor could his friend, nor could I. Now they are telling him it is too late, but he could get a 'Co-Founder' position. No telling what that is: he'd have to go to the site to find out - if he can find the info.

He told them he had reservations about their ethics, and where he came from, one was expected to honor one's business offers.

Before you ask: his Visa card offered complete anonymity online. It was a gift card bought at his bank. They register the card number under his account number, so the money is 'clean' - cleared coming and going by the bank. (No money-laundering, tax-evasion, etc.)

They are late launching, they insult prospective 'Founders' (whom they've failed), they have reneged on a published business offer, they have refused to give clear information, etc.

I can't say they are dishonest - (beyond the last-minute change of payment method requirements) - but I can say that they act like children, and they have been about as efficient as children.

aussie_striker
01-22-2014, 06:06 AM
This deserves an update. The site has changed a lot over the last few months and all for the better. Three earning sources have launched and are running well. So far there has been around 275 Bitcoin (apx $225,000 USD) earned by members. There has been recent updates on the site which took longer to complete causing a few delays but things seem to be back on track now. They have not missed any commission payments and growth is increasing. Everyone that has had a problem has had it resolved as far as I have seen.

There is now over 52,000 members and growing everyday.

ribshaw
01-22-2014, 09:01 AM
Bill Gates was on the tele this week, checked the transcript, no mention on his end of BitBillions. Might I point out that $225,000 paid out generously rounded up is $5 per member. Wooooo!!! Even at $30 a head they have taken in $1,500,000, and Bitcoin is up 10X give or take from the middle of this thread. Sounds to me like 52,000 folks loaned a bunch of money on the cheap.

Of course there were delays, there will continue to be delays as long as they can lure new pigeons. From time to time I check the other threads when I am low and need a chuckle, all I have seen is the mention of a few also ran programs.

Always good to hear from you Aussie, would be nice if you came back with a few actual "revenue streams".


I'll even be man enough to admit I was WRONG on how far bitcoin would climb, expected a crash and burn much sooner.

Whip
01-22-2014, 10:19 AM
Thought I posted it here but I don't see it. Overstock has agreed to take bitcoins as of a week or so ago.

Overstock.com CEO: Retailers must accept Bitcoins or sacrifice market share - San Jose Mercury News (http://www.mercurynews.com/business/ci_24951717/overstock-com-ceo-retailers-must-accept-bitcoins-or)

ribshaw
01-22-2014, 10:26 AM
Thought I posted it here but I don't see it. Overstock has agreed to take bitcoins as of a week or so ago.

It was just announced today that two downtown Vegas casinos would accept them. I have also heard chatter by some politicians about formalizing Bitcoin, which would certainly help it thrive, but may diverge from the intent.

Vegas casinos now accepting Bitcoin - CBS News (http://www.cbsnews.com/news/vegas-casinos-now-accepting-bitcoin/)

littleroundman
01-22-2014, 10:36 AM
I think we may be losing sight of the fact the subject of this thread is "BitBillions" and not "Bitcoin"

Whip
01-22-2014, 04:50 PM
I think we may be losing sight of the fact the subject of this thread is "BitBillions" and not "Bitcoin"

Yeah......I guess we are a Bitofftrack.

aussie_striker
01-23-2014, 04:16 AM
Might I point out that $225,000 paid out generously rounded up is $5 per member. Wooooo!!! Even at $30 a head they have taken in $1,500,000, and Bitcoin is up 10X give or take from the middle of this thread. Sounds to me like 52,000 folks loaned a bunch of money on the cheap.

Of course there were delays, there will continue to be delays as long as they can lure new pigeons. From time to time I check the other threads when I am low and need a chuckle, all I have seen is the mention of a few also ran programs.

Always good to hear from you Aussie, would be nice if you came back with a few actual "revenue streams".
I'll even be man enough to admit I was WRONG on how far bitcoin would climb, expected a crash and burn much sooner.

I think you must have missed the way the company is setup. Yes if everyone had to pay $30 it would be 1.5 Million. You fail to mention that most of the members are free members

Total Members 52,610
Founders 3,285
Co-Founders 2,357
Reserves 227
Free 46,741

So lets say that all Founders and co-founders all paid $30...noting that Founders often paid more but also note that there have been promotions like the current one that has been on since the start of December of buy 5 get 5 free co-founder positions (making it $15 each).

That would then be 5642 x $30 = $169,260 or to put in context only 11% of what you thought.

Looking at it that way makes the commissions that have gone out look a lot better doesn't it. Plus there is bitcoin set aside for the pools and awards whih you can view anytime from the transparency tab.

ribshaw
01-23-2014, 09:40 AM
HO HO HO, its like Santa has arrived in Ponzi Land this morning, right down muh chimney. Lest we not lose the bigger picture, WHAT ARE THE REVENUE STREAMS???

There is an unregistered investment fund operating illegally in the states, and likely many other jurisdictions. (PLEASE DO PROVIDE THE SEC REGISTRATION, I DIDN'T REALLY LOOK, JES PLAYIN A HUNCH). What else music downloads and penny auctions? Surely this one task should not be so hard, or at least the stream that is bringing Bill Gates out of retirement.

===============================================




I think you must have missed the way the company is setup. Yes if everyone had to pay $30 it would be 1.5 Million. You fail to mention that most of the members are free members

Total Members 52,610
Founders 3,285
Co-Founders 2,357
Reserves 227
Free 46,741

So lets say that all Founders and co-founders all paid $30...noting that Founders often paid more but also note that there have been promotions like the current one that has been on since the start of December of buy 5 get 5 free co-founder positions (making it $15 each).

That would then be 5642 x $30 = $169,260 or to put in context only 11% of what you thought.

Looking at it that way makes the commissions that have gone out look a lot better doesn't it. Plus there is bitcoin set aside for the pools and awards whih you can view anytime from the transparency tab.

If my mother pins a towel to the lapels on my shirt and tells me I can fly, that sounds pretty good too.

1. PUT UP THE REAL NUMBERS, full P&L, like with many schemes you tossed out a number that people were "paid", where is the rest of it? Surely the founders and co-founders have access to this information. Otherwise, you, I, or anyone else has no idea of the veracity of the number you are offering.

2. When you first showed up Bitcoin was about $30 USD per. Today, lets call it $1000 USD for simplicity. If 300 people singed up right out of the gate, that is $9,000 in with an appreciated value of $300,000. Looking at it that way, it looks like a lot of folks could have made a lot more money just holding on to a Bitcoin, doesn't it? BUT AND HERE IS THE KICKER, UNLESS YOU ARE GOING TO PROVIDE A FULL PICTURE IT IS ALL PIE IN THE SKY...

3. Why say 52,610 members if they have NOTHING AT RISK other than a back up email address? Surely they are not being paid profits? Unless they are recruiting others who do pay, which makes this kinda sketchy...

4. Why with all the secrecy behind the brains of this operation (even if that was previously sussed out), are you letting people in for free? Seems to me industry standard would be to have folks sign NDAs, and have enough skin in the game that they they keep quiet. BitBillions is doing the exact opposite of what a groundbreaking 007 start-up would do. Jez Sayin..

5. Have been following the Btibillions story, granted not as closely as Twerking, but enough. And Bitbillions has been plagued with delays and issues. What I know from a few years on plant earth is problems cost money. When the mechanic shakes his head, its not because a simple bolt needs tightened.

So your serious position is that only $169,260 ish was collected forgetting the MASSIVE APPRECIATION, the project has been plagued with problems, yet paid out $225,000 in addition to funding all the start up costs? A once in a lifetime, 3 standard deviation success story, still soliciting co-founders with BOGO??

I wish you had waited until the cold weather stopped as it hurts so much to laugh this hard with chapped lips.

Whip
01-23-2014, 10:06 AM
It all seems a BitSketchy

aussie_striker
01-23-2014, 09:11 PM
Ok despite your obvious trolling I will still answer your statements as best I can.


WHAT ARE THE REVENUE STREAMS???

Currently there is Bitfeud, MyBitcoin Rewards, Iwantacar premium memberships. Share of profits from GGBG-Ware (software development). There is probably some advertising revenue as well but I think that is smaller at this stage. There are plans to launch some much more significant revenue generating advertising.


There is an unregistered investment fund operating illegally in the states, and likely many other jurisdictions. (PLEASE DO PROVIDE THE SEC REGISTRATION, I DIDN'T REALLY LOOK, JES PLAYIN A HUNCH).

The GBBG Fund is closed to new investment ie no longer running. Members that have shares in the fund are being contacted to decide if they want to leave their bitcoin in there and get the returns from the investments that have been entered into, or if they want to withdraw their investment and forfeit the returns that are future dated. To explain this one a little better, GBBG invested in companies for set terms, generally 12, 18 or 24 months or more. The returns are paid on maturity so members will have the choice of getting bitcoin back now or getting the higher return later. Although it is not all official yet, from discussions in the VIP room it looks like GBBG will allow members to withdraw their funds effectively giving GBBG ownership of those shares that will get the return.


1. PUT UP THE REAL NUMBERS, full P&L, like with many schemes you tossed out a number that people were "paid", where is the rest of it? Surely the founders and co-founders have access to this information. Otherwise, you, I, or anyone else has no idea of the veracity of the number you are offering.

Every member has access to the same information, even free members. The only exception is the VIP Club which have a bit more access to things. I have put the real numbers. I am a bit of a stats tragic and I have been recording growth, commissions paid etc on the site and putting it in a spreadsheet. I'm sure GBBG could give more accurate figures than I do however because I have been recording everything consistantly my figures are pretty good. Of course you can argue anyone could put a site up and then manually add members to it and perform flash sales, bitcoin drawings etc and fake it all. Sounds like a lot of effort to me but I cannot deny that it could be done. Facts on Alexa cannot be faked though. Growth has been consistant on their and reflects the membership growth of the sites.


2. When you first showed up Bitcoin was about $30 USD per. Today, lets call it $1000 USD for simplicity. If 300 people singed up right out of the gate, that is $9,000 in with an appreciated value of $300,000. Looking at it that way, it looks like a lot of folks could have made a lot more money just holding on to a Bitcoin, doesn't it?

You mean when BitBillions showed up. Yes it was a lot lower however at the start memberships sold very slowly. Bitcoin rose fast. In any case especially at the start we were told there was only about 10% paying in bitcoin to join. Most were paying with paypal (btw the fact alone that paypal is a accepted processor is a sign this is not a scam as they have very strict policies). So you could aregue that 90% of those people benefited greatly by being introduced to bitcoin through this business. For those that promoted and have received commissions, they have made more than they ever put in by far.


3. Why say 52,610 members if they have NOTHING AT RISK other than a back up email address? Surely they are not being paid profits? Unless they are recruiting others who do pay, which makes this kinda sketchy...

Why say 52,610...because that is the figure, would you prefer I lie? The free members are able to take part in the flash sales, earn entries for a car or even win on Mybitcoinrewards. They are not eligible for referral commissions. So no they would not get anything for recruiting others. Free members will still earn the revenue share and matrix commissions which starts after all the co-founder positions are gone.


4. Why with all the secrecy behind the brains of this operation (even if that was previously sussed out), are you letting people in for free? Seems to me industry standard would be to have folks sign NDAs, and have enough skin in the game that they they keep quiet. BitBillions is doing the exact opposite of what a groundbreaking 007 start-up would do. Jez Sayin..

You are thinking of a totally different business model. Free, Founder or co-founder members are not being given any information that is going to risk their future projects. Hence no need for a NDA. Not even VIPs have much information, although we have heard some details. It seems your argument here just goes further to prove this is legit.


5. Have been following the Btibillions story, and Bitbillions has been plagued with delays and issues. What I know from a few years on plant earth is problems cost money. When the mechanic shakes his head, its not because a simple bolt needs tightened.

All software has issues when it is being built. Nothing new with that.


So your serious position is that only $169,260 ish was collected forgetting the MASSIVE APPRECIATION, the project has been plagued with problems, yet paid out $225,000 in addition to funding all the start up costs?

I just put an estimate, yes it could be wrong. You are also forgetting that GBBG has paid out a lot in commissions and also been paying developers with money that came in. So yes there has been appreciation but the money that has gone out went out at the rates it was at the time. For instance a members referral upgrades in July when bitcoin is worth lets say $100. The referral commission is paid in August when it is worth $200 (just estimates to make a point). The commission is paid in the amount of bitcoin that it was when worth $100. So if their commission was $20 they would have received $40 worth of bitcoin because of the appreciation. I'm not sure if you are smart enough to understand this but this is another thing a scam would not do. They would have just paid the dollar value.

Personally you have your mind made up. Keep watching and see how things pan out.

Nourjan
01-23-2014, 09:30 PM
Perhaps the people behind this have Bittenmore than they can chew?

Whip
01-23-2014, 11:07 PM
Perhaps the people behind this have Bittenmore than they can chew?

That's a Bitch

ribshaw
01-24-2014, 09:40 AM
Personally you have your mind made up. Keep watching and see how things pan out.

Easy there Sassy Socks, its not about me, its about you asking people to part with their hard earned money for your latest scheme. I was watching the train wreck that is Bitbillions when you came back with an "update". Since your "update" was lacking verifiable facts, asked you to clarify a few points.




There is an unregistered investment fund operating illegally in the states, and likely many other jurisdictions. (PLEASE DO PROVIDE THE SEC REGISTRATION, I DIDN'T REALLY LOOK, JES PLAYIN A HUNCH).


The GBBG Fund is closed to new investment ie no longer running. Members that have shares in the fund are being contacted to decide if they want to leave their bitcoin in there and get the returns from the investments that have been entered into, or if they want to withdraw their investment and forfeit the returns that are future dated. To explain this one a little better, GBBG invested in companies for set terms, generally 12, 18 or 24 months or more. The returns are paid on maturity so members will have the choice of getting bitcoin back now or getting the higher return later. Although it is not all official yet, from discussions in the VIP room it looks like GBBG will allow members to withdraw their funds effectively giving GBBG ownership of those shares that will get the return.

Of course you did not answer my question, what BitBillions is doing with the GBBG Fund is a felony. Great start

Before securities, like stocks, bonds and notes, can be offered for sale to the public, they first must be registered with the Securities and Exchange Commission (SEC). Any stock that does not have an effective registration statement on file with the SEC is considered "unregistered." To sell or attempt to sell a financial security before it is registered is considered a felony. What are unregistered securities or stocks? (http://www.investopedia.com/ask/answers/08/unregistered-securities.asp)

And despite their cutesy little disclosures, this is an investment. SEC v. Howey Co. - 328 U.S. 293 (1946) :: Justia US Supreme Court Center (http://supreme.justia.com/cases/federal/us/328/293/case.html).

We are left to conclude that YOU and the COMPANY are fine with breaking the law. That should be a huge red flag for anyone with a pulse.

================================================== ==========

Set the law aside for a second and just ask are we getting in business with quality people, people who stand behind their word?

https://bitcointalk.org/index.php?topic=153138.0;all

Participants may purchase or sell shares in the fund freely with the only restriction being a fixed daily trade settlement time. Therefore, all fund share trades (buy or sell) will be conducted at 8:10 AM (EDT) for all requests received during the 24 hours prior to 8:00 AM (EDT). The share price for all trades will be calculated based on the closing net asset value per share as reflected at 7:59:59 AM (EDT) on the same day when said trades settle. There will be an additional 2% purchase fee when buying shares.

6893

6894

Well everything certainly goes swimmingly when they want your money, and when they are posting returns. But what about when participants want cash?

Bitbillions - Bitbillions.com (http://www.moneymakergroup.com/Bitbillions-Bitbillions-t437053.html&st=570)

6895
6896
6897


Quotes from Aussie Striker in last attachment" And heard in virtually every other Ponzi Scheme in history.

"If there was a lot of continuing investment then it would not have been as much of a problem."

aussie_striker
01-27-2014, 10:52 PM
Easy there Sassy Socks, its not about me, its about you asking people to part with their hard earned money for your latest scheme.

We are left to conclude that YOU and the COMPANY are fine with breaking the law.

Why do you keep putting this on me? I am not the Admin. I'm just posting the updates. It is not MY scheme.

ribshaw
01-28-2014, 11:17 AM
Why do you keep putting this on me? I am not the Admin. I'm just posting the updates. It is not MY scheme.

You are the "go to" person over at MMG, and presumably are earning commissions for recruiting people. One could argue, I am "just posting updates". GBBG took in a 131.41 Bitcoin, according to what is posted above, suddenly went dark, and stopped paying people. Where was that in your update? All I seem to remember is affiliates were paid $225,000 no problems, I had to pull the rest out of you like some sort of cyber dentist.

You want to apologize for GBBG, make excuses, offer hope that someday the investors will get their money back? At what point where you find a company is breaking the law do you say I was wrong and can not in good conscience continue to be affiliated with it? The previous programs in this thread that you were involved with in some capacity, did they not all end in a similar fashion?

Either you don't have an eye for opportunities, are a hapless dreamer, or know full well these are scams. No matter, seems you are perfectly happy earning commissions from referring others regardless of the eventual outcome.

At most levels I could care less what people do, if they are stupid enough to send money to people they meet on the net then they deserve to lose every penny. But, I do enjoy writing a dissenting opinion and giving folks a chance to hold on to their money.

busttheblock
01-30-2014, 12:26 PM
I am about 99.9999999999% sure that bitbillions is being run by David Ruebush. The latest update posted by aussie on mmg stinks of David Ruebush!

Bitbillions - Bitbillions.com (http://www.moneymakergroup.com/index.php?s=&showtopic=437053&view=findpost&p=1108676360)

It is exactly like his rants from Tagvillage.

ribshaw
01-30-2014, 12:44 PM
12 months ago..


Free 'net connection, free phone calls, free banking and all the free software you could possibly earn AND $23,344.01 a month.

Today...



If you need income now, you should look elsewhere. This is not the place for immediate income, unless you are capable of generating huge numbers of referrals who upgrade their accounts. For the next 9-12 months, most members who earn immediate income will do so only through referring commissions.

Has anyone heard of such a thing, this has to be a first for this crowd... All this talk in his letter as if they are going to do revolutionary things, but all their businesses seem to revolve around click on ads and watch videos and you too will be wealthy. Because that stuff always turns out to be legit.

I found this pretty amusing, one of the schemes they came up with, for $5 per month you can possibly win the car of your dreams. When will this drawing be held? According to Aussie, when they have raised enough money to buy the car. :RpS_smile:



Hold on tight, this one has some long term potential.

6920
6921

Fendaril
01-30-2014, 01:07 PM
Internet cannot be THAT expensive. I mean you can get a tv and internet phone package here in the states for about $100.

And thats if you really watch TV or use landline phones. You can be set for about $60 with a smartphone and fast internet.

You can get free banking from many places also. Nothing awe-inspiring

aussie_striker
02-03-2014, 07:06 AM
I found this pretty amusing, one of the schemes they came up with, for $5 per month you can possibly win the car of your dreams. When will this drawing be held? According to Aussie, when they have raised enough money to buy the car. :RpS_smile:

There is three levels of cars. $25K, 50K and $100K
All have revenue distributed equally into each pool. Once the pool reaches the amount, the drawing will happen.

Currently the three pools have $1872.48 each. So a long way to go.

Whip
02-03-2014, 10:11 AM
lmao. there aren't any 'cars'. although 'cars' seems to be code for top of the scam bank accounts.

littleroundman
02-03-2014, 10:35 AM
How's your last recommended BitCoin "investment" TagVillage going for you, AussieStriker ??

aussie_striker
02-05-2014, 06:32 AM
lmao. there aren't any 'cars'. although 'cars' seems to be code for top of the scam bank accounts.

You obviously have not even looked at the site by the statements you make. The winner will get to buy a car up to the value of the pool they win ($25K, $50K or $100K). The member that wins could come from any country. They have not got a car now to give to the winner, that would be stupid. For one, it may not be the car the person wants. Secondly it would mean they would have to get it to the winner in whatever country they are from. So the way it works is that the pool grows until their is the money in their to pay for the car then the drawing is made. That means the cost is covered fully. Sure it may take some time to get there but it will get there.

aussie_striker
02-05-2014, 06:34 AM
How's your last recommended BitCoin "investment" TagVillage going for you, AussieStriker ??

LOL...maybe you should look at the things you are talking about. Tagvillage has nothing at all to do with bitcoin. You cannot even use bitcoin on it. Goes to show how much you actually research things.

littleroundman
02-05-2014, 06:46 AM
LOL...maybe you should look at the things you are talking about. Tagvillage has nothing at all to do with bitcoin. You cannot even use bitcoin on it. Goes to show how much you actually research things.

See what happens when you're a HYIP ponzi pimp for too long, Aussie Striker ???

One lie rolls into another until you can't tell if you're Arthur or Martha

http://imageshack.com/a/img703/1948/jd5b.jpg

Aussie Striker on the Talkgold HYIP ponzi forum (http://www.talkgold.com/forum/showthread.php?t=313258&p=5368830#post5368830)

ribshaw
02-05-2014, 09:39 AM
The free members are able to take part in the flash sales, earn entries for a car or even win on Mybitcoinrewards. They are not eligible for referral commissions. So no they would not get anything for recruiting others.

RUT ROW. Someone is deserves a good dressing down from Standards and Practices.

6952

bit billions (http://profitclicking.webs.com/apps/blog/categories/show/1627612-bit-billions)

ribshaw
02-05-2014, 11:20 AM
While Standards and Practices are investigating the slight discrepancy in the tales Gilbert and Aussie are telling, perhaps they could from a breakaway group and address poor Mambo's concern about fake ads and cell phone cramming.

6959

Fraudulent websites shown in ads (http://alertinform.com/bitbillionsforum/bitbillions-earning-sources/fraudulent-websites-shown-in-ads/)

aussie_striker
02-07-2014, 12:28 AM
See what happens when you're a HYIP ponzi pimp for too long, Aussie Striker ???

One lie rolls into another until you can't tell if you're Arthur or Martha

http://imageshack.com/a/img703/1948/jd5b.jpg

Aussie Striker on the Talkgold HYIP ponzi forum (http://www.talkgold.com/forum/showthread.php?t=313258&p=5368830#post5368830)

Congratulations, you found where I posted to the wrong thread. unfortunately that forum doesn't allow me to delete my mistake. It was obvious to anyone that was reading the thread that it was a mistake.

Ribshaw, the link to the forum about scam sites in the ads I think you need to know the context.

Firstly, the ads that are on the sites are put there by premier members. GBBG does not take any responsibility for the ads that are placed by members.

Secondly, that thread is so members can inform about possible scam sites. Anyone here would know that if you go to any traffic exchange, PTC, or just about any money making website, there will be ads that are placed from people to sites that are dubious at best and sometimes total scams. The members placing those ads probably don't even realize they are scams until later.

littleroundman
02-07-2014, 01:01 AM
Serial HYIP ponzi pimp waffle, excuses, rationalization, justification, laying off blame, yada, yada and more yada.

So, setting your excuses aside, Aussie Striker, why would anyone believe this recommendation of yours is any more legitimate than all the posts you made in support of the "COLLAPSED TAG VILLAGE HYIP PONZI" ??

You've seen the light ??

Found religion ???

Admitted in public you were wrong and apologized to all those who believed you and lost money ??

Nope, as usual with HYIP ponzi pimps, you simply forgot it and moved on to the next (Bit Billions) HYIP ponzi game

See ya back next year with the next exciting installment of "Aussie Striker - Serial HYIP ponzi pimp"

aussie_striker
02-07-2014, 05:38 AM
Serial HYIP ponzi pimp waffle, excuses, rationalization, justification, laying off blame, yada, yada and more yada.

So, setting your excuses aside, Aussie Striker, why would anyone believe this recommendation of yours is any more legitimate than all the posts you made in support of the "COLLAPSED TAG VILLAGE HYIP PONZI" ??

You've seen the light ??

Found religion ???

Admitted in public you were wrong and apologized to all those who believed you and lost money ??

Nope, as usual with HYIP ponzi pimps, you simply forgot it and moved on to the next (Bit Billions) HYIP ponzi game

See ya back next year with the next exciting installment of "Aussie Striker - Serial HYIP ponzi pimp"

Well the problem with your argument is that Tagvillage is not a hyip or ponzi and never was. It is a website that ran out of funds to pay the developer to complete the ad platform on it. Unfortunately tagvillage suffered at the hands of a big credit card fraud ring that stole a lot of money (not just from tagvillage but from many sites around the world). I used to have a link to an article where the fraud was mentioned in media. I think the FBI were investigating it. There was Billions of dollars taken from sites around the world in a period of about 6 months. After that Tagvillage basically didn't have the money nor the revenue coming in to pay the developer to finish the platform.

I'd love to see you here in a year littleroundman because you will still be calling them a scam but the sites will still be growing and will be better than ever. That goes for both sites.

littleroundman
02-07-2014, 05:46 AM
It is a website that ran out of funds to pay the developer to complete the ad platform on it

Yeah, yeah.

The developer contracted Dengue fever, the CEO was left paralysed by a major car accident and the Russian mafia stole half the funds.

All normal for a HYIP ponzi / pyramid.

littleroundman
02-07-2014, 06:50 AM
Geez, you're going to have some trouble topping this load of nonsense from the Tag Village fraudster when Bit Billions goes belly up, Aussie Striker.

http://imageshack.com/a/img36/7100/el4j.jpg

I gotta admit, that has to be one of the best and most long winded "You ain't gettin' paid" HYIP ponzi admin letters I have ever seen.

There's enough drama in that letter on which to base a TV series.

ribshaw
02-07-2014, 10:10 AM
Ribshaw, the link to the forum about scam sites in the ads I think you need to know the context. Firstly, the ads that are on the sites are put there by premier members. GBBG does not take any responsibility for the ads that are placed by members.

GBBG-DOES NOT TAKE RESPONSIBILITY FOR ANYTHING. All this is, was, and ever will be is a recruiting scheme and a sucky floppy one at that. Here is what I think of as a business, I buy a Pizza, have my car washed, order a book from Amazon, trade stocks with an online broker. I pay cash, I get a product, business owner makes money. Easy Peasy.

This is what GBBG offers.

6994

Bitbillions ranked #14 on Top Bitcoin Sites (http://topbitcoinsites.com/bitbillions-earn-bitcoins/)

It's like I am 5 again at a birthday part and the moms are going to have us play musical chairs and hot potato. Only these are grown ups and the person who can't recruit enough suckers loses money.

aussie_striker
02-15-2014, 06:03 AM
Latest winners of the Bitfeud Flash Sales

Winners: 02/15/2014 $40 for $20
POSITION MEMBER TIMESTAMP PAID
1 1BVZPWymLXxqe5jHw9w7o2WaUgZjKByhS3 2014-02-14 16:52:34.137.53 pending
2 1Ktha3GpvbSK8jNrLv54YGytMnU4zRkyv4 2014-02-14 16:52:34.920.55 pending
3 1JXnKnH4AFYCDdfC5ACcsgu6mMbpkfdLm1 2014-02-14 16:52:35.110.39 pending
4 1q9dvqP7Kme5e3XjfmnsnRQooeyBfTihe 2014-02-14 16:52:35.551.2 pending
5 13w34JP9MkXCTqcRDN6sbbJiKrBS66PqDM 2014-02-14 16:52:35.642.49 pending

Winners: 02/09/2014 $20 for $10
POSITION MEMBER TIMESTAMP PAID
1 1Ktha3GpvbSK8jNrLv54YGytMnU4zRkyv4 2014-02-09 05:47:33.287.27 YES
2 1P7KnB3AHUqw8Z6yaLasyeUFXiaBZEQ8tE 2014-02-09 05:47:33.583.42 YES
3 1Bph5RzNbvVj9g9ikNsXhRPpmXDQXzTzB8 2014-02-09 05:47:33.884.6 YES
4 1BVZPWymLXxqe5jHw9w7o2WaUgZjKByhS3 2014-02-09 05:47:34.418.76 YES
5 1MpBTqRWzJp6jNDtaRxzyjwoo1uWuvWW4g 2014-02-09 05:47:34.445.99 YES
6 138nLgPGdnk47fPJ1mbSW62YnnbfevGyrM 2014-02-09 05:47:34.529.54 YES
7 1QGPnN95SzaQUcXnW88T4Yx8anGRRueTdZ 2014-02-09 05:47:34.569.96 YES
8 14fQw26tbsXmXct3bZoh6Gi2ozeU3teqVR 2014-02-09 05:47:34.658.64 pending
9 18e7t2tMp6ToavaqpLpKbfKepzySFjeiR 2014-02-09 05:47:34.777.18 YES
10 1BtLK2NkMNpGDj8YcB9CUgU5dD9w3TCwdT 2014-02-09 05:47:34.825.15 YES

The reason some say pending is that they have to send in the smaller amount to get the bigger amount. Once they do they get paid directly to their wallet.

February 10, 2014
By bitadmin

Congratulations to the winners of today’s mybitcoinrewards.com prize pool drawings! The following members got FREE BITCOINS just for viewing ads:
DRAWING PRIZE WINNER
20140210-001 0.10000000 BTC ID: 142VsxnpLm5muP6cP15ZRRDsKjG25pnCKw
Payout: 1FqKws25viL2VvJofdB83zJ9TBe3RifRsp
20140210-002 0.20000000 BTC ID: 14NseKSKM6bAFY8XDNSZBimb5HBdqkMKRW
Payout: 1A4wagGBkKBCLTo7bHqV1ZKfA2T8zkQpYt

Just the most recent prizes given.

littleroundman
02-15-2014, 06:11 AM
The following members got FREE BITCOINS just for viewing ads:

Getting paid for viewing ads.

Gee, never heard of that before.

Well, except for the squillion and one other autosurf / manual surf / HYIP ponzi frauds that have collapsed owing members money

Keep posting your nonsense, Aussie Striker, I'm sure you get a few desperadoes in.

littleroundman
02-15-2014, 06:47 AM
Well, well, the plot sickens thickens.

http://imageshack.com/a/img32/5514/uf81.jpg

Bitcoin Rewards turns out to be nothing more than a boring old "traffic exchange / advertising platform" HYIP ponzi fraud.

Same ol', same ol' badly disguised HYIP, with a Bitcoin flavour.

The interesting part is who is behind Bitcoin Rewards:

http://imageshack.com/a/img836/6721/1pnw.jpg

Why, it's the same guy who was behind Aussie Strikers' favourite failed ponzi, Tagvillage:

http://imageshack.com/a/img547/4828/6g36.jpg

Not surprising, though, given Aussie Strikers record on the usual suspect HYIP ponzi forums.

Hey, Aussie, what sort of deal does Bitcoin Rewards have you on for acting as their spokesperson ??

Percentage ??

Starting positions ??

busttheblock
02-15-2014, 07:03 AM
Well, well, the plot sickens thickens.

http://imageshack.com/a/img32/5514/uf81.jpg

Bitcoin Rewards turns out to be nothing more than a boring old "traffic exchange / advertising platform" HYIP ponzi fraud.

Same ol', same ol' badly disguised HYIP, with a Bitcoin flavour.

The interesting part is who is behind Bitcoin Rewards:

http://imageshack.com/a/img836/6721/1pnw.jpg

Why, it's the same guy who was behind Aussie Strikers' favourite failed ponzi, Tagvillage:

http://imageshack.com/a/img547/4828/6g36.jpg

Not surprising, though, given Aussie Strikers record on the usual suspect HYIP ponzi forums.

Hey, Aussie, what sort of deal does Bitcoin Rewards have you on for acting as their spokesperson ??

Percentage ??

Starting positions ??

I knew it! The Tagvillage scammer is running BitBillions. He conned a lot of people with Tagvillage.

aussie_striker
02-15-2014, 10:27 AM
I knew it! The Tagvillage scammer is running BitBillions. He conned a lot of people with Tagvillage.

Gee I am going to enjoy it when Tagvillage is active again. But hey this post is about Bitbillions.

You cannot compare the ad viewing with the ponzi schemes that have been around. Those ones are based on promising payment for every day they are viewed, giving a % daily usually and is unsustainable. That is what makes them a ponzi in the first place. GBBG is nothing like that and if you go through the sites you would know that.

But it's fine...give it a few months and we shall see what has happened. If you guys are right the site will be gone. I wouldn't go betting money on it if I was you though.

littleroundman
02-15-2014, 11:09 AM
That is what makes them a ponzi in the first place.

RUBBISH !

What makes them a ponzi is exactly the same as what makes Bitcoin Ads a ponzi.

"Viewing ads" isn't "work" and is definitely not capable of generating the sort of income claimed by generations of HYIP ponzi operators.

They are ponzis because they have little or no outside source of income and the money paid to members is mainly derived from members' fees.

NikSam
02-15-2014, 12:32 PM
Been there, seen that.

in 2011 Russians already beat you :)

Allow me to refresh your memory - 2011 first BitCoin Pyramid (at least were honest what it is) :

7042
URL: Bitcoin Pyramid (http://bitcoinpyramid.com/)

Whois of bitcoinpyramid.com before it was made private:
7043



ADMINISTRATIVE CONTACT INFO
Arsen Gasparyan
Arsen Gasparyan
ul. Startseva 3/2 - 64
Perm
Permskii Krai
614051
RU
Phone: +.9028341965
Email Address: arsenische@gmail.com

NikSam
02-15-2014, 01:38 PM
I knew it! The Tagvillage scammer is running BitBillions. He conned a lot of people with Tagvillage.

Yeap, same David Ruebush - the real owner of Tagvillage.com domain , is also real owner of MyBitcoinRewards.com and also operator of BitBillions ponzi:

7044

7045


He is not even hiding: David Ruebush | LinkedIn (http://www.linkedin.com/in/davidruebush)


Full Name: Phillip David Ruebush Jr
http://www.wysk.com/search/doEntitySearch.cfm?q=Phillip%20D%20Ruebush%20Jr
http://www.wysk.com/index/texas/austin/wkycqy9/global-bitbillions-group-incorporated/profile

NikSam
02-15-2014, 02:38 PM
And on his Facebook that idiot now says he is either moved to Australia or Ukraine :)

7046
FB: https://www.facebook.com/ideacentrics/about

littleroundman
02-15-2014, 08:21 PM
And on his Facebook that idiot now says he is either moved to Australia or Ukraine :)

7046


Australia ????

And his paid pimp is AUSSIE_striker ??

Could it be ????

NikSam
02-15-2014, 08:47 PM
His other failed scam he tried to raise money for, or maybe whole point was to scam in donations: The Banded Yoke by DAvid Ruebush - GoFundMe (http://www.gofundme.com/9u02w)
His crowdfundering (begging for money): https://www.crowdfunder.com/u/14386#profile

And the dude got plenty lawsuits/ court records :)
also some court records on his iwantcar scam.

(will come back to it some later time)

NikSam
02-15-2014, 09:07 PM
I wonder if aussie_striker is the same guy who used to hang out on chats a year or 2 ago on "Money News Online" (HYIP pimping pit)
under name of "aussieguy".

That guy was later caught as being a shill, HYIP admins paid him money for telling good things and recommending their programs.

ribshaw
02-16-2014, 09:53 PM
Aussie, I am really left what is wrong with you and/or your thinking.

You have your name all over the web shilling for Dave Ruebush, I am left asking why? His MO appears to be come up with something that sounds fantastic, collect a bunch of money with your help, and then boo hoo hoo all the way to the next biggie. Do you like lugging water, or using your face and name to promote scams that he seemingly is taking the lion share from?

Post 73 about GBBG investment fund that just went bye bye.. Oh, I am sorry delayed for a year before the big cheese will start to roll.




5. I don't think that will ever be known who is managing it. That would go against the whole privacy issue.

This exchange took place early 2013 Posts 103 and 108 where someone :watching_you: seemed to be pretending that Ruebush was some "casual observer" of BitBillions. It was some secret group, but he may know a few of them. How did that work out? This alone leads me to believe you know EXACTLY what this is. Someone can be slow, or wishful, but to play ring around the posie with the truth, why would someone do that?

You knew all along that Dave Reubush ran this effluvium, sup with YOU and HE trying the ole Sgt. Schultz?


Ok, a lot of different points here.

1. What Merry is referring to is something that was on the GoFundMe page for about a day. The CEO of Tagvillage had that comment on the page which contained that quote. So maybe he does know people involved. Somewhere, someone has to right? Doesn't mean they are going to tell anyone who though.
.


================================================== ========

And here is the part where perhaps you want people to think you are daft, or a dreamer.

March 23, 2013.


To be honest I don't think you are adding to the conversation, just saying the same things over and over again. We know your opinion, you think it will fail, noted. I disagree so we will see how it pans out ok.
SNAKE EYES!!!

March 28 2013

SO you are saying updates on the site do not add info about it. We all know your opinion ribshaw. I'm wondering what your opinion will be in 6 months when this is going strong still. Pretty sure you will still be saying it is a scam and is still going to fail...How about you come back then and comment. I'll even invite you to come back sooner if the site suddenly lives up to your prediction and fails...in fact that would be better come back then...that way I wont have to hear from you and you doomsday predictions anymore.

:RpS_thumbdn:

Sometime April 2013


Why are you still bring tagvillage into this. This is supposed to be about BitBillions. Besides that it did launch, it is just the advertising platform is not complete. The latest news article explained what happened there. The ad platform is currently in live testing which means advertisers are currently getting free advertising from it.

SO CLOSE

Jes the other day...


BLAH BLAH HACKING, BLAH BLAH FUNDS
I'd love to see you here in a year littleroundman because you will still be calling them a scam but the sites will still be growing and will be better than ever. That goes for both sites.

AND WE WILL SEE YOU NEXT YEAR.

aussie_striker
02-16-2014, 10:36 PM
As for David Ruebush and where he lives. Facebook shows where he has been, if you visit Bali and say you are there it says you are living there. He was in Australia for the last 2.5 months and is currently on his way back to the Ukraine to work with one of the main devs for bitbillions. He is originally from Texas.

Never heard of Money News Online.

Niksam, I'd like to see any record you have of court documents to do with iwantacar and others. You say there is some, show proof please I'd like to see it.


His MO appears to be come up with something that sounds fantastic, collect a bunch of money with your help, and then boo hoo hoo all the way to the next biggie.

There is one huge problem with this statement. We are talking about two businesses, GBBG Bitbillions (which includes iwantacar, mybitcoinrewards and Bitfeud) and Tagvillage. That is just two programs that have been promoted. You make it sound like he goes from program to program. You can find many people on the web going from company to company promoting hell out of them then going to the next one. Check out Frank Astheimer, he has been involved promoting every big scam I have seen over the last 3 years. He has not promoted Tagvillage or Bitbillions.


"Viewing ads" isn't "work" and is definitely not capable of generating the sort of income claimed by generations of HYIP ponzi operators.
They are ponzis because they have little or no outside source of income and the money paid to members is mainly derived from members' fees.

Absolutely correct and this is the reason that GBBG is not a ponzi. You are not taking into account GBBG-Ware, the software development arm as well as the fact that there is not any money given for nothing. The types of programs that you mention above get paid an amount for viewing ads. That is a lot different from sharing revenue of the company. The big difference is that with the hyips money is paid to those in early from money that others have put in. They are promised money that does not exist. No such claims are made here. It is all based on revenue the company gets. You could have 1000 referrals and earn nothing if there is no revenue. Unlike the scams that say you have tons of money in your 'wallet' when in reality they have not got any of that money to pay out.
In case you guys do not realize, there is no wallet on bitbillions. Any commissions are paid directly to a bitcoin wallet.

It looks like the first paid development from GBBG-Ware will be released in the next month. This is a paid project from someone else. GBBG will not own it.

ribshaw
02-16-2014, 10:51 PM
As for David Ruebush

There is one huge problem with this statement. We are talking about two businesses, GBBG Bitbillions (which includes iwantacar, mybitcoinrewards and Bitfeud) and Tagvillage. That is just two programs that have been promoted. You make it sound like he goes from program to program. You can find many people on the web going from company to company promoting hell out of them then going to the next one. Check out Frank Astheimer, he has been involved promoting every big scam I have seen over the last 3 years. He has not promoted Tagvillage or Bitbillions.

There is no HUGE problem with my statement. That is two more than most of us have ever promoted, much less RAN, save perhaps for yourself.

Obviously there are much bigger and wiser players in the endless chain recruiting scam world, but this isn't a thread about them now is it? And we really don't know what he has been involved in as he uses a cat's paw like yourself to pull the hot coals from the fire.

NikSam
02-16-2014, 11:01 PM
I'd like to see any record you have of court documents to do with iwantacar and others....

Interesting that you did not ask about Ruebush's records, haha, you already knew they are there ? :)

I said i will, just occupied with other things

littleroundman
02-16-2014, 11:03 PM
Check out Frank Astheimer, he has been involved promoting every big scam I have seen over the last 3 years. He has not promoted Tagvillage or Bitbillions.

C'mon, Dave, that sort of strawman tactics may well work on your usual hangouts such as the Talkgold and MMG HYIP ponzi forums, but, P-U-H-L-E-A-S-E have some sense of where you are and save them for there.

We are not talking about Frank Astheimer, we are talking about David Ruebush and your long time association with both he and his (ongoing) scams.

littleroundman
02-16-2014, 11:08 PM
http://imageshack.com/a/img850/3932/r2xt.jpg

NikSam
02-16-2014, 11:12 PM
You make it sound like he goes from program to program. You can find many people on the web going from company to company promoting hell out of them then going to the next one. Check out Frank Astheimer, he has been involved promoting every big scam I have seen over the last 3 years. He has not promoted Tagvillage or Bitbillions....

No, you make it sound like he goes from program to program :)

We not saying that, we are saying he created them and operates them.

What kind of pimp would own the domain of a program ?
And Register a company on his name in the name of the program before it appears ?

And he does not need to go from one program to another to run, he would be more happy if all his creations (including failed) be scammin people 24x7

PS: next time he is in Kharkiv, let me know, will arrange great sightseeing for him :)

littleroundman
02-17-2014, 12:20 AM
He has not promoted Tagvillage or Bitbillions.

Neither have Paul Darby, Ken Russo or Bernard Madoff.

Your point being ??

littleroundman
02-17-2014, 12:53 AM
WOW !!!

With a success rate like aussie_strikers', you'd have to start believing David Ruebush will be on the lookout for a new pimp in the near future.

http://imageshack.com/a/img59/9959/gwzt.jpg

littleroundman
02-17-2014, 02:50 AM
Why so shy, David ???

Why didn't you tell us you have your own website where viewers can find all manner of (cough, splutter) "impartial" investment news and advice ??

And here we were, thinking you were just an ordinary, common garden variety HYIP ponzi pimp.

http://imageshack.com/a/img819/6903/xtdt.jpg


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NikSam
02-20-2014, 05:16 AM
7070


Here is more for you Davie-the-aussie-striker-newman:

June 21, 2001
Lubbock, 72nd District Court
Judge J. Blair Cherry Jr.
Ranstacico Inc., a Texas Corp., and Randall Hurst against Iwantacar.com Inc., a Texas Corp., and David Ruebush, suit on account


September 25, 2004
Lubbock, Court-at-Law No. 3
Judge Paula Lanehart
John Roley against IWANTACAR.com, Inc., David Ruebush Jr., Iris Chen, Chih Kang Wu, Ph.D., and Philip David Ruebush Sr., suit on account


Go ahead request the records.

Whip
02-20-2014, 09:07 AM
seems someone BitOffMoreThanTheyCouldChew

NikSam
02-20-2014, 09:40 AM
7075
URL: GLOBAL BITBILLIONS GROUP INCORPORATED AUSTIN, TX Wysk Company Profile (http://www.wysk.com/index/texas/austin/wkycqy9/global-bitbillions-group-incorporated/profile)

busttheblock
02-22-2014, 05:42 AM
Gee I am going to enjoy it when Tagvillage is active again. But hey this post is about Bitbillions.

You cannot compare the ad viewing with the ponzi schemes that have been around. Those ones are based on promising payment for every day they are viewed, giving a % daily usually and is unsustainable. That is what makes them a ponzi in the first place. GBBG is nothing like that and if you go through the sites you would know that.

But it's fine...give it a few months and we shall see what has happened. If you guys are right the site will be gone. I wouldn't go betting money on it if I was you though.

WTF! He had no funds to continue his Tagvillage program, but he was able to start this new ponzi scam? He stole a lot of money from people that believed his sob stories he would spew out about Tagvillage!

aussie_striker
02-22-2014, 10:29 PM
You do realize, or obviously you don't, that a program goes into the closed and offline program folder when it does not have a post in the thread for 2 weeks. Two of those programs are gone and two that are in that folder are still around but have not had any posts lately.


WOW !!!

With a success rate like aussie_strikers', you'd have to start believing David Ruebush will be on the lookout for a new pimp in the near future.

http://imageshack.com/a/img59/9959/gwzt.jpg

aussie_striker
02-22-2014, 10:42 PM
WTF! He had no funds to continue his Tagvillage program, but he was able to start this new ponzi scam? He stole a lot of money from people that believed his sob stories he would spew out about Tagvillage!

It is hard to steal money from people when there is no money to steal. There is no funds for tagvillage because of money that was stolen through credit card fraud. The rest of the money had already been paid out to developers. The only money left right now is the money that covers the credits members have in tagvillage. If a member had the minimum credits to withdraw, they can as that money is there for them. It is well documented about the credit card fraud and hurt tagvillage badly. Tagvillage is not dead but until such time as a company debt is paid off (which is progressively happening from David Ruebush own funds) then there will be more development to complete the platform. Once again probably from his own funds. Due to that it will take a lot longer than if money came from elsewhere. But it will happen. Every tagvillage member that has tags and/or credits will not lose any of those. Once the Ad Platform is complete hopefully it will then start generating revenue from advertisers. Which will also mean members will start making money. The thing is it would be very easy to just shut tagvillage site down forever. For the people not happy with the slow development it is totally understandable. I have probably close to the most invested in tagvillage so I stand to lose a hell of a lot if it never is completed. I'm not talking hundreds, or even thousands, but tens of thousands. But it is not gone for good as much as some people think it is. So believe me if I did not think it was going to be completed I would not be happy at all and certainly would not stick up for it.

littleroundman
02-22-2014, 10:44 PM
You do realize, or obviously you don't, that a program goes into the closed and offline program folder when it does not have a post in the thread for 2 weeks. Two of those programs are gone and two that are in that folder are still around but have not had any posts lately.

All the usual HYIP ponzi pimp nonsense explanations aside, they are STILL in the "closed, inactive and offline programs" folder on a HYIP ponzi forum which is notoriously reluctant to move programs which have even the slightest flicker of life in them into that folder.

You may still be able to squeeze a few bucks out of the small number of desperadoes remaining, who knows what's in the mind of a confirmed HYIP ponzi player ??

Otherwise, time to do the usual fade into the background for a few months before you move onto the next sting.

littleroundman
02-22-2014, 10:52 PM
So believe me if I did not think it was going to be completed I would not be happy at all and certainly would not stick up for it.

Believe YOU ??

Please don't be offended if we choose to NOT believe a single word you say.

Your reputation precedes you

By your own actions you've classified yourself as a serial HYIP ponzi pimp.

Lying is what you do.

The number one rule for serial HYIP ponzi pimps is to NEVER, EVER, EVER admit the fraud du jour is dead in the water and you're doing your chosen profession proud by sticking to the script.

EagleOne
02-22-2014, 10:58 PM
The no post rule at MMG is that there has to be "no" posts for at least 4 weeks before a thread is moved to the closed, inactive or offline folder. All you had to do aussie_striker is make at least one post per week and the thread would have remained in the open category. So if it is still viable, why didn't you? Too busy pimping your other Ponzi's?

NikSam
02-22-2014, 11:05 PM
The no post rule at MMG is that there has to be "no" posts for at least 4 weeks before a thread is moved to the closed, inactive or offline folder. All you had to do aussie_striker is make at least one post per week and the thread would have remained in the open category. So if it is still viable, why didn't you? Too busy pimping your other Ponzi's?

He was not paid to do those posts anymore , and no suckers were coming to make it worth :)


I wonder when Zeek and EarthInv (he pimped) will resume :)

busttheblock
02-24-2014, 06:52 AM
It is hard to steal money from people when there is no money to steal. There is no funds for tagvillage because of money that was stolen through credit card fraud. The rest of the money had already been paid out to developers. The only money left right now is the money that covers the credits members have in tagvillage. If a member had the minimum credits to withdraw, they can as that money is there for them. It is well documented about the credit card fraud and hurt tagvillage badly. Tagvillage is not dead but until such time as a company debt is paid off (which is progressively happening from David Ruebush own funds) then there will be more development to complete the platform. Once again probably from his own funds. Due to that it will take a lot longer than if money came from elsewhere. But it will happen. Every tagvillage member that has tags and/or credits will not lose any of those. Once the Ad Platform is complete hopefully it will then start generating revenue from advertisers. Which will also mean members will start making money. The thing is it would be very easy to just shut tagvillage site down forever. For the people not happy with the slow development it is totally understandable. I have probably close to the most invested in tagvillage so I stand to lose a hell of a lot if it never is completed. I'm not talking hundreds, or even thousands, but tens of thousands. But it is not gone for good as much as some people think it is. So believe me if I did not think it was going to be completed I would not be happy at all and certainly would not stick up for it.


You just don't get it, do you?

When did he secretly begin bitbillions and where did those funds come from? Let me tell you - from the Tagvillage members that he CONNED!!!!!!! You spewing this credit card fraud BS just tells us how gullible (or culpable) you are.

ribshaw
02-24-2014, 10:45 AM
There is no funds for tagvillage because of money that was stolen through credit card fraud.

Aussie can you be explicit with the credit card fraud. As in provide a copy of the police report and some real details. The liability for credit card fraud is usually very limited, like $50 limited on the consumer level. On the merchant level depending on the type of fraud things could be a little different. Generally we are looking at business shipping merchandise and finding out after it is out the door that the cards were stolen.

How does fraud work where a business takes money in and as you have claimed used it for operating expenses, and affiliates have not been paid in years and trade credits?

Whip
02-24-2014, 10:56 AM
he's a typical BitShillion

aussie_striker
02-25-2014, 01:09 AM
Aussie can you be explicit with the credit card fraud. As in provide a copy of the police report and some real details. The liability for credit card fraud is usually very limited, like $50 limited on the consumer level. On the merchant level depending on the type of fraud things could be a little different. Generally we are looking at business shipping merchandise and finding out after it is out the door that the cards were stolen.

How does fraud work where a business takes money in and as you have claimed used it for operating expenses, and affiliates have not been paid in years and trade credits?

I don't have any such copy. I don't work for them, nor have I been on the board of directors. However I have had the CEO stay for some time with me and he did show me the records from paypal where it happened. Tagvillage took money in mostly from paypal and alertpay (later payza). The way the fraud was carried out was through fake/stolen credit cards. They would then use those through paypal and alertpay to buy credits in tagvillage. THey would trade those credits increasing the value then withdraw the funds. All of this would be done in a matter of a few days if not less. They would have to wait a month for the withdrawal to go through. Paypal did not find out about the credit card fraud until months later (don't ask me why it took them so long). They then charged the money back from tagvillage and applied a fee for every transaction that was reversed or charged back from them. Tagvillage did not get anything back from paypal, paypal in effect took more money back than had come into tagvillage, on top of that the money had already gone out through withdrawals. In balance this meant that tagvillage lost close to double the amount plus fees.

Credit card fraud is not uncommon. Some idea of how they do it and the scope of it can be found at;
Credit Card Fraud - Memento (http://www.mementosecurity.com/Forums/Bank-Fraud-Forum/News/Categories/Credit-Card-Fraud.aspx)
and
FBI arrests 24 in internet credit card fraud ring | Naked Security (http://nakedsecurity.sophos.com/2012/06/27/fbi-arrests-24-in-internet-credit-card-fraud-ring/)

And your claim that affiliates have not been paid in years is false. The last time an affiliate was paid was this month, they posted a payment proof of it to facebook. Every withdrawal request that has been submitted since April last year has been paid. There was a period from Oct 2012 to Mar 2013 where withdrawals were not available.

aussie_striker
02-25-2014, 01:34 AM
He was not paid to do those posts anymore , and no suckers were coming to make it worth :)

I wonder when Zeek and EarthInv (he pimped) will resume :)

I wish I got paid to post or support companies, that would be pretty good. Zeek and earthinv are gone, they are the two I said were although I didnt mention them by name. Zeek was a legitimate company that went scam when the owner changed the compensation plan. It is well documented as the feds closed it down. It was a very big shock to many people and millions of people were involved with it. I originally was wary of it and should have stayed that way but they did have a solid product behind it. If done correctly they could have kept going but the compensation was flawed in the way they handled it. If they shared the way the compensation said they would it would have been legit but then people would have earned less and not been as attracted to it. In effect I think it was greed of the owner that was its downfall.

As for earthInv, it was a straight up hyip. I used to play with a few of them and know the risks. Actually the risk is just one, when will it fold. I always used to tell people to expect to lose money with the chance they might make some. Going back further I also dabled in doublers which are just as bad if not worse. I had many friends getting in on those programs so had a go myself at them. For the most part I lost money but made a bit on a few. Overall I probably came in close to even which is better than a lot of others.

I stopped playing with them years ago and since someone mentioned my site before maybe this post regarding them is worth a look

Money Doublers – Jackpot or Lottery? | Network Money Makers (http://networkmoneymakers.com/money-doublers-jackpot-or-lottery/)

littleroundman
02-25-2014, 02:10 AM
Zeek was a legitimate company that went scam when the owner changed the compensation plan.

You really aren't very good at this are you ????

Still, I suppose there's always a few HYIP ponzi tragics on the usual suspect HYIP ponzi forums where you normally hang out who still believe Zeek was the real deal.

Rewriting history: I believe that is from chapter 3, paragraph 4 of the "HYIP Ponzi Pimp 101" handbook, isn't it ??

ribshaw
02-25-2014, 10:01 AM
I don't have any such copy. I don't work for them, nor have I been on the board of directors. However I have had the CEO stay for some time with me and he did show me the records from paypal where it happened. Tagvillage took money in mostly from paypal and alertpay (later payza). The way the fraud was carried out was through fake/stolen credit cards. They would then use those through paypal and alertpay to buy credits in tagvillage. THey would trade those credits increasing the value then withdraw the funds. All of this would be done in a matter of a few days if not less. They would have to wait a month for the withdrawal to go through. Paypal did not find out about the credit card fraud until months later (don't ask me why it took them so long).

So no proof of this tale, and it took more than a month to detect the fraud? Em Hmm. And it not only happened once but happened bunches, so many bunches that it busted the piggy.

Yet according to Paypal...

Our sellers experience some of the lowest fraud rates in the online retail industry. https://www.paypal.com/au/cgi-bin/webscr?cmd=_payflow-fraud-faq-outside#When_am_I_liable

As one of the most powerful risk management systems in the world, our proprietary risk models help detect and predict fraudulent transactions – before they affect your business. We also use industry-recognised address verification and card security code checks to thwart identity theft. PayPal's industry-leading loss rate is less than 0.5%.



And your claim that affiliates have not been paid in years is false. The last time an affiliate was paid was this month, they posted a payment proof of it to facebook. Every withdrawal request that has been submitted since April last year has been paid. There was a period from Oct 2012 to Mar 2013 where withdrawals were not available.


Yet on Ruebush's touching Mea Culpa what-what-what, people not getting cash, but credits. Was at the Safeway the other day, and the cashier wanted to know if I would be paying for my Hungry Man with cash or TagVillage Super User Credits. And then we both shared a belly splitting laugh.

On his own letter...

7105

Come on Aussie.

aussie_striker
03-03-2014, 04:27 AM
You guys could make the Reserve bank sound like a scam.

littleroundman
03-03-2014, 04:33 AM
You guys could make the Reserve bank sound like a scam.

Only if it was run by a serial fraudster, didn't pay what it owed and was advertised on HYIP forums

Kleinzeit
03-03-2014, 08:14 AM
You guys could make the Reserve bank sound like a scam.

That's an utterly supercilious response Newman. No, aussie-striker, the Reserve bank has credibility.

Bitbillions is undeniably a scam.

Tagvillage is already down the toilet - only kept alive by the steady drip of repayments of the $150,000 loan David Ruebush loaned *himself* - from members trading accounts. Scam? No matter which way you look at it !

aussie_striker
03-04-2014, 01:17 AM
That's an utterly supercilious response Newman. No, aussie-striker, the Reserve bank has credibility.

Bitbillions is undeniably a scam.

Tagvillage is already down the toilet - only kept alive by the steady drip of repayments of the $150,000 loan David Ruebush loaned *himself* - from members trading accounts. Scam? No matter which way you look at it !

See it is unsubstantiated lies like that which is why I say you could make anything sound like a scam. I find it useless to give the truth when everytime I do you guys shoot the truth down by twisting it into something it is not. I'm happy to leave it awhile until there is more that can substantiate things, although I am sure you will twist any of that around as well.

As for Tagvillage, I can say that there is discussion with shareholders. The debt (which happens to be to one of the shareholders) is being repaid and after that development will continue. The current target is for things there to be up and running early 2015. Part of that process will probably include taking the site offline for awhile to totally redesign it. Of course until it is everyone will continue to say it is dead and never to return.

As for GBBG, it continues to grow, developments for clients continue, commissions continue to be paid monthly, draws and flash sales have been carried out and paid. There has been nothing negative from the company.

busttheblock
03-04-2014, 08:12 AM
See it is unsubstantiated lies like that which is why I say you could make anything sound like a scam. I find it useless to give the truth when everytime I do you guys shoot the truth down by twisting it into something it is not. I'm happy to leave it awhile until there is more that can substantiate things, although I am sure you will twist any of that around as well.

As for Tagvillage, I can say that there is discussion with shareholders. The debt (which happens to be to one of the shareholders) is being repaid and after that development will continue. The current target is for things there to be up and running early 2015. Part of that process will probably include taking the site offline for awhile to totally redesign it. Of course until it is everyone will continue to say it is dead and never to return.

As for GBBG, it continues to grow, developments for clients continue, commissions continue to be paid monthly, draws and flash sales have been carried out and paid. There has been nothing negative from the company.


Except for the fact that it was fraudulently and secretly started with funds stolen from the Tagvillage members!!!!!!!!!!!!!

aussie_striker
03-04-2014, 08:24 AM
Except for the fact that it was fraudulently and secretly started with funds stolen from the Tagvillage members!!!!!!!!!!!!!

Which once again is a totally unsubstantiated lie. I would expect better from a forum like this. You guys just make up things to suit yourselves.

busttheblock
03-04-2014, 09:05 AM
Or David Reubesh makes things up to further his own cause(s)

littleroundman
03-04-2014, 09:33 AM
Or David Reubesh makes things up to further his own cause(s)

And aussie_striker Newman believes every single word.

Kleinzeit
03-05-2014, 09:30 PM
aussie-striker those before me have hit the nail on the head every time - about your role in shilling for Ruebush - and his scammy deals.

Ruebush is no businessman - he is a snake oil salesman.

Tells us about IWANTACAR.com ? In its original incarnation it was supposed to bring 65 jobs to Lubbock. This is a guy high on promise and low on delivery. Did he learn his craft from GW Equities? Looks like you are his ventriloquist's dummy, aussie.

Ruebush is better at spending the proceeds than balancing the books - which is the only reason he employed Steve Sefcik. TagVillage suffered its downfall internally both from bad decisions and fingers in the till. Look for the *loan* that I refered to under Advances to Shareholders. When you are the 70% shareholder AND the CEO doing as you please must come naturally - if you are dealing with other peoples money and you are David Ruebush.

GBBG will suffer the same fate with Ruebush being the 100% owner. Ponzi/Pyramid - funded by the proceeds of TagVillage.

ribshaw
03-06-2014, 04:56 PM
1/2 price co-founder positions still available. Once we get enough suckers, we can close shop and give the runaround like with Tagvillage. Er I mean that is when the magic will start back up and the founder will reappear.

Still wondering Aussie why you are leaving yourself as the bag holder on these deals, the boss seems to have disappeared.



https://www.facebook.com/groups/153412941483564/

7175
7176


https://www.facebook.com/groups/TagvillageTalk/

7174

NikSam
03-06-2014, 06:31 PM
...
Still wondering Aussie why you are leaving yourself as the bag holder on these deals, the boss seems to have disappeared.

...

He might be mistakenly thinking that Law Enforcement in Australia would not dare to touch an Air Force technician :)

aussie_striker
03-08-2014, 06:27 AM
To be honest with you guys, I'm sick of answering questions when you don't accept any answers i have and you make up so many lies and twist the truth to suit yourself. It does not matter what I say you have all decided you know everything. I don't claim to know everything but I have told the truth at every step, I cannot say the same for some of the responses on here.
I do not support what I do not believe in. I do not get paid to make comment on any company on or offline. I do try to help where I can. I admit it is to my advantage for the company to go well. I am a member so obviously i want it to do well because that means I will do better as well. I do not want it to be a scam because that means I would not do well. So believe what you will. I will update with what is happening but I cant be bothered keeping tabs of your false accusations against me.

littleroundman
03-08-2014, 06:57 AM
Bye,

lots of luck.

You'll need it.

ribshaw
03-08-2014, 12:09 PM
To be honest with you guys, I'm sick of answering questions when you don't accept any answers i have and you make up so many lies and twist the truth to suit yourself. It does not matter what I say you have all decided you know everything. I don't claim to know everything but I have told the truth at every step, I cannot say the same for some of the responses on here.
I do not support what I do not believe in. I do not get paid to make comment on any company on or offline. I do try to help where I can. I admit it is to my advantage for the company to go well. I am a member so obviously i want it to do well because that means I will do better as well. I do not want it to be a scam because that means I would not do well. So believe what you will. I will update with what is happening but I cant be bothered keeping tabs of your false accusations against me.

Aussie, I will sincerely miss our periodic chats. Frankly though your response reminds me of a lady I knew, married to a real jerk who blamed her friends for pointing it out. Maybe, just maybe, Ruebush is the one spinning the truth and we are the ones telling you what you don't want to hear. Or maybe, just maybe, you know exactly what these "opportunities" are, have been, and always will be.

Either way, bye for now, but there is no third option where these are real businesses.

Whip
03-08-2014, 12:15 PM
of course he does. he's a scammer.

ribshaw
03-11-2014, 11:39 AM
Roomies, just an affiliate seems further and further.

7194


https://www.facebook.com/groups/TagvillageTalk/

busttheblock
03-11-2014, 06:21 PM
Roomies, just an affiliate seems further and further.

7194


https://www.facebook.com/groups/TagvillageTalk/


This just proves that David Newman is in cahoots with David Reubesh, the scammer!

littleroundman
03-11-2014, 06:30 PM
This just proves that David Newman is in cahoots with David Reubesh, the scammer!

Was there ever any doubt ??

aussie_striker
03-12-2014, 09:52 AM
I wonder if you guys will still be saying the same in a years time...my bet is you are despite all evidence to the contrary.

baylee
03-12-2014, 09:58 AM
This just proves that David Newman is in cahoots with David Reubesh, the scammer!

It leaves no doubts what so ever.

littleroundman
03-12-2014, 10:01 AM
I wonder if you guys will still be saying the same in a years time...my bet is you are despite all evidence to the contrary.

Nah,

in a years' time BitBillions will be nothing but a distant memory, along with a squillion or so other ponzi scams

NikSam
03-12-2014, 10:15 AM
David Newman did not notice another competitor PonziCoin 120% Ponzi (http://ponzicoin.co/)


PonziCoin is a gambling game based on a Ponzi-type model. Before depositing, users should understand and accept the risks associated with this model. Payments will, and can only be made, once new deposits have been made. Should no further repayments be made within 12 hours, the game automatically resets.

PonziCoin charges a 5% fee. This helps cover the running costs of the site and provides the additional coins needed to repay the last deposit in every round. Due to this, the on-site balance will be slightly less than that shown on sites such as BlockChain.info.


PonziCoin - Business Insider (http://www.businessinsider.com/ponzicoin-2014-3)

ribshaw
03-12-2014, 11:49 AM
I wonder if you guys will still be saying the same in a years time...my bet is you are despite all evidence to the contrary.

Aussie there will be nothing in a year with this or any of these other recruiting scams. Stop me if you have heard this before. (*Where possible bitadmin comments in bullshit brown)

GONNA BE HUGE I TELL YOU

https://bitcointalk.org/index.php?topic=147613.0;all POST 337
After the release of The Long Overdue Post last week, many members have been talking among themselves and emailing our customer service regarding the upcoming revolutionary product we are building. We are so confident in the potential of this product we feel it may be the first globally useful, globally distributed, globally game-changing Bitcoin product introduced. This product is going to revolutionize payment processing, global remittances, and banking in ways never before imagined.


BUT.....UNTIL THAT DAY SMALL BALL PONZI EXCUSES AND PROJECTS.


POINT LIMITATIONS AND BALANCE ROLL-BACK any of the folks who clicky clicked and earned a fat stack just got it knocked down.

Why you ask? OH CHEATERS, NEVER HEARD THAT BEFORE. "Second, no matter how hard we try to prevent it, there will always be cheaters who work to manipulate the system."


PREMIUM ADVERTISING ON BITBILLIONS.COM and EARNINGS SOURCES and PASSIVE INCOME PRODUCTS

Because when you are going to change the world of payments with a revolutionary "game changer" the first thing that comes to mind in every legit business owner's mind is Boner Bills and more MLM.


UPCOMING REVOLUTIONARY BITCOIN PRODUCT
GBBG plans to bring a ground-shaking, market-breaking bitcoin product to market in 2014.

Because if you don't close the scam letter with more revolutionary BS, well that would just be silly.

7203

aussie_striker
03-14-2014, 06:34 AM
Nah,

in a years' time BitBillions will be nothing but a distant memory, along with a squillion or so other ponzi scams

And that is the reason it wont be a distant memory...it is not a ponzi. I agree there will be plenty of programs out there that will have disappeared but bitbillions will not be one of them.

littleroundman
03-14-2014, 06:47 AM
And that is the reason it wont be a distant memory...it is not a ponzi. I agree there will be plenty of programs out there that will have disappeared but bitbillions will not be one of them.

I could just as easily said:

"in a years' time BitBillions will be nothing but a distant memory, along with a squillion or so other scams on Talkgold and MMG" and still been correct.

What legitimate business has ever appeared on Talkgold or MMG ??

What legitimate business would allow itself to be associated with Talkgold or MMG ??

For that matter, what has the fact BitBillions is or isn't around in 12 months got to do with whether or not it's a pyramid or ponzi scheme ??

Zeek Rewards and AdSurf Daily were around for more than 12 months, and we all know what happened there and how many people did their dough.

Banners Broker is still "around" but members haven't been paid in over a year.

aussie_striker
03-22-2014, 06:08 AM
Latest Blog post

GBBG is All About Believing in Blockchain
March 22, 2014
By bitadmin

GBBG|Ware Development
In November of 2013 GBBG|Ware, our software development services division, landed their first major project. Since that time, we have attracted 3 major projects and a hand-full of minor projects. Project managers are reporting 2 of our major projects will progress into beta testing stage in April 2014. We expected one of them to move into this stage in March 2013, but it was delayed due to additional security and stability enhancements.

While we are unable to disclose the identities of the clientele we are developing these projects for, we do want to shed a bit of light on their importance.

One of the projects is in the online gaming industry and similar projects have grossed over $10.0 million within their first 6 months of operations. We expect the project we are working on to be superior to any bitcoin related product currently on the market in this category from both a technical and entertainment stand-point.

Another of the projects we are developing is in the e-currency exchange industry. Similar projects have grossed hundreds of millions in revenue over the past few years. Again, we expect our project to be superior to many of the other e-currency related products currently on the market, especially from a technical and security standpoint.

It is important to note that GBBG|ware is developing these software platforms for 3rd party clients. We will not own or operate these businesses, however, we will be able to brand the “Powered by software developed by GBBG|ware” statement on their websites. We fully expect the entire bitcoin industry to take notice of the quality of our work. It is our expectation that more and more bitcoin industry clients will come to GBBG|ware as they see the robust, technically superior, security enhanced nature of our development skills.

50% of revenue generated through GBBG|ware development services will be poured into the member matrix pools. We expect to see the impact of this revenue increasing the matrix pools within 30 to 60 days.

Steady Growth
From the publication of “The Long Overdue Post” on January 30, 2014 we have continued to experience a consistent, steady growth in membership, Co-Founder upgrades, and Premier upgrades on each earnings source. GBBG is already operating profitably, and these profits are consistently increasing. While we would obviously prefer a slightly increased pace for growth, we are fully able to manage operations and development milestones with current levels.
So, THANK YOU for the continued support and dedication! Because of our loyal, dedicated membership, GBBG is building a foundation from which we expect many profitable revenue streams to emerge.

A few of our growth highlights for the first quarter of 2014 include:


[1] New customer service division
[2] Stand-alone product support division
[3] Increased software development staff
[4] Premium advertising sales division


Premium Advertising Sales
As most members are aware, GBBG added premium banner advertising positions to all our websites in March. From the launch of bitbillions through March 1st, 2014 the company generated a sum total of less than $10 in advertising revenue through the a-ads.com system and a few other ad networks we tested. Since we added our own premium banner ads platform, we have already generated several thousand dollars in advertising revenue in March alone. We are currently in the final stages of negotiations with a handful of major advertisers that will feel will dramatically bolster advertising sales revenue in the future. Two of these upcoming premier advertiser negotiations are in the tens of thousands of dollars.
Through our network of websites, GBBG is generating over 1 million unique visitors per month and well over 10 million impressions. These numbers are growing consistently. Therefore, we fully expect premium banner advertising revenue to increase consistently.

50% of revenue generated through premium banner advertising sales will be poured into the member matrix pools. We expect to see the impact of this revenue increasing the matrix pools within 30 to 60 days.
New Upcoming Earnings Source

Sometime before April 1, 2014, we will introduce a brand-new earnings source to our line-up. We are very excited about this new development. This new earnings source will be very different from our current offerings. First, those who participate will be earning commissions, and being paid, weekly. Second this source involves the promotion of a real, physical product critical to the acclimation of true wealth. Third, this new source will allow members to attain 5,000 GBBG points each month without viewing ads, watching videos, clicking links, or any online action that takes time. Participants will simply earn GBBG points by actively involving themselves in a product central to true wealth.
Keep your eye on our Blog and the Earnings page for upcoming details regarding this amazing new opportunity!

New Financial Transparency
In April 2014 we plan to release brand-new transparency reporting on all our sites. Rather than displaying a Bitcoin address with the balance held, we will supply fully transparent financial accounting to all members. On each site, members will be able to see the entire sales revenue generated, commissions paid out, contest winnings paid out, and amounts contributed to the various Matrix and referral upgrade pools. It is our goal to allow every member to have complete access to the entire financial picture of GBBG.

By revealing transparently every aspect of our financial picture, we intend to instil trust and rapport. Members will be more confidently able to tell others about GBBG because they can verify to their referrals the financial condition of the company in real-time. New referrals will easily be able to see the company pays its compensation plan on time, and has the resources in store to continue doing so. We feel this will be a major, useful tool for our membership when promoting our products to others.

Matrix Software Development
In April 2014 we plan to begin development of our Matrix software. This will be the long-term software that operates every one of our websites and manages the 3×7 forced matrix. Some of the features of our upcoming software include:


Unified login – you will login to bitbillions.com and be automatically signed into all our websites
Unified data – statistics and data (such as points and financials) will be unified and reported in real-time across all our websites
Real-time Genealogy – all members will be placed into our 3×7 matrix automatically, Founders first, Co-Founders next, Reserve members next, and Free members last


We anticipate the development of our Matrix software to take 90 to 180 days to complete. Therefore, we anticipate the ability to move to Matrix stage, from a technical stand-point, before all the Co-Founder positions are claimed. Once the Matrix software is fully developed, we will simply wait for all the Co-Founder positions to be claimed and then, flip the switch.

Major Upcoming Project
GBBG intends to release details of our own major upcoming project in April. We will move into a crucial phase for this project soon. As we said repeatedly in the article titled “The Long Overdue Post”, we are developing serious software with serious technical ability. This is not an overnight project. It will take several months to even have our major project in beta testing stage. In addition, we expect major hurdles to clear in legal, regulatory, and banking areas. We will begin to address these hurdles over the next few months as we roll the concept out to our membership.

To allow members the opportunity to understand the nature of our product we will highlight the following aspects:


Ability to acquire ANY virtual currency (e-currency) instantly, without a credit card, without a bank account, without a phone, without a computer, and without any electronic device at all.
Ability to transfer money to anyone on earth without a credit card or even a computer or telephone. This transfer happens instantly and has the lowest costs on earth.
Ability to accept payments from customers anywhere on earth with the lowest payment processing fees on earth.
Ability to store money in an online wallet that is so secure we GUARANTEE your funds cannot be stolen. If they are stolen, we will replace them at our own expense.
The most secure, dependable, customer-friendly, customer responsible payment processing and wallet management system ever built.


We hope this helps members get a glimpse of what we are working on.

Global Blockchain Believers Group
For the past two years, GBBG (Global Blockchain Believers Group) has been working to build a foundation from which we can grow many profitable Blockchain businesses. Bitcoin, e-currencies, and general money/payment related projects are the tip of the iceberg. As a group of experience software engineers, the core leaders of GBBG understand the real genius of “Bitcoin” is not the online money we are all hearing about, it is BLOCKCHAIN.

Over the next few years, we know people world-wide will begin to understand this reality. Blockchain is a protocol that revolutionized online payments. However, this is the very beginning of a major onslaught of tidal waves many industries should prepare for. We fully believe Blockchain will revolutionize the banking industry, legal industry, title industry, mergers & acquisitions industry, entertainment industry, intellectual property, securities and commodities industries, forex, and many, many more industries.

You are involved in a company with a long-term vision. We see the future, and the future is NOT Bitcoin. The truth is, Bitcoin is just a PART of the future. It is the first earth shattering development in many earth shattering developments to come. We intend to spend the remainder of 2014 identifying a handful of truly disruptive ways Blockchain can be used to disrupt other, non-financial, industries. And, we intend to become involved in the development and distribution of products in these industries.

Over the next 10 years, because of Blockchain, things will change most people haven’t even thought of yet. The manner in which books, movies, games, and music are distributed will change entirely. The manner in which the transfer of property (buildings, intellectual assets, etc.) occurs will be revolutionized and industry dinosaurs turned on their heads. We are even discussing involvement in a project that will revolutionize the operations of the entire Internet, taking the Internet into a decentralized peer-to-peer global network that cannot be manipulated or controlled by any government or central “authority” on earth.

In the 1960s the Internet was born. 95% of the population on earth did not become aware of it, or how it would affect their lives, until the mid-1990s. Blockchain was born in 2009. Today, 99% of the people on earth are not aware of it, or what it WILL do to change every life on earth over the next 20 years.

If you are involved in GBBG because you want to turn a quick buck or become an overnight success, please leave. We don’t want you here. You will just detract and discourage members from reality. We are Global Blockchain Believers Group. We understand the reality that we are at the very beginning of something that, over the next 20 years, will change many aspects of life on earth. And, we plan to be involved in those changes.

Over time GBBG and our members will profit greatly. We expect to produce millionaires in the same way Oracle, IBM, Microsoft, Google, and Facebook produced countless numbers of millionaires. Just remember that NONE of them produced these millionaires overnight. They all did so through slow, methodic, consistent growth.

Grow with us. Persevere with us. We are here for the long-haul. Together, we succeed.

busttheblock
03-22-2014, 06:16 AM
Latest Blog post

GBBG is All About Believing in Blockchain
March 22, 2014
By bitadmin

GBBG|Ware Development
In November of 2013 GBBG|Ware, our software development services division, landed their first major project. Since that time, we have attracted 3 major projects and a hand-full of minor projects. Project managers are reporting 2 of our major projects will progress into beta testing stage in April 2014. We expected one of them to move into this stage in March 2013, but it was delayed due to additional security and stability enhancements.

While we are unable to disclose the identities of the clientele we are developing these projects for, we do want to shed a bit of light on their importance.

One of the projects is in the online gaming industry and similar projects have grossed over $10.0 million within their first 6 months of operations. We expect the project we are working on to be superior to any bitcoin related product currently on the market in this category from both a technical and entertainment stand-point.

Another of the projects we are developing is in the e-currency exchange industry. Similar projects have grossed hundreds of millions in revenue over the past few years. Again, we expect our project to be superior to many of the other e-currency related products currently on the market, especially from a technical and security standpoint.

It is important to note that GBBG|ware is developing these software platforms for 3rd party clients. We will not own or operate these businesses, however, we will be able to brand the “Powered by software developed by GBBG|ware” statement on their websites. We fully expect the entire bitcoin industry to take notice of the quality of our work. It is our expectation that more and more bitcoin industry clients will come to GBBG|ware as they see the robust, technically superior, security enhanced nature of our development skills.

50% of revenue generated through GBBG|ware development services will be poured into the member matrix pools. We expect to see the impact of this revenue increasing the matrix pools within 30 to 60 days.

Steady Growth
From the publication of “The Long Overdue Post” on January 30, 2014 we have continued to experience a consistent, steady growth in membership, Co-Founder upgrades, and Premier upgrades on each earnings source. GBBG is already operating profitably, and these profits are consistently increasing. While we would obviously prefer a slightly increased pace for growth, we are fully able to manage operations and development milestones with current levels.
So, THANK YOU for the continued support and dedication! Because of our loyal, dedicated membership, GBBG is building a foundation from which we expect many profitable revenue streams to emerge.

A few of our growth highlights for the first quarter of 2014 include:


[1] New customer service division
[2] Stand-alone product support division
[3] Increased software development staff
[4] Premium advertising sales division


Premium Advertising Sales
As most members are aware, GBBG added premium banner advertising positions to all our websites in March. From the launch of bitbillions through March 1st, 2014 the company generated a sum total of less than $10 in advertising revenue through the a-ads.com system and a few other ad networks we tested. Since we added our own premium banner ads platform, we have already generated several thousand dollars in advertising revenue in March alone. We are currently in the final stages of negotiations with a handful of major advertisers that will feel will dramatically bolster advertising sales revenue in the future. Two of these upcoming premier advertiser negotiations are in the tens of thousands of dollars.
Through our network of websites, GBBG is generating over 1 million unique visitors per month and well over 10 million impressions. These numbers are growing consistently. Therefore, we fully expect premium banner advertising revenue to increase consistently.

50% of revenue generated through premium banner advertising sales will be poured into the member matrix pools. We expect to see the impact of this revenue increasing the matrix pools within 30 to 60 days.
New Upcoming Earnings Source

Sometime before April 1, 2014, we will introduce a brand-new earnings source to our line-up. We are very excited about this new development. This new earnings source will be very different from our current offerings. First, those who participate will be earning commissions, and being paid, weekly. Second this source involves the promotion of a real, physical product critical to the acclimation of true wealth. Third, this new source will allow members to attain 5,000 GBBG points each month without viewing ads, watching videos, clicking links, or any online action that takes time. Participants will simply earn GBBG points by actively involving themselves in a product central to true wealth.
Keep your eye on our Blog and the Earnings page for upcoming details regarding this amazing new opportunity!

New Financial Transparency
In April 2014 we plan to release brand-new transparency reporting on all our sites. Rather than displaying a Bitcoin address with the balance held, we will supply fully transparent financial accounting to all members. On each site, members will be able to see the entire sales revenue generated, commissions paid out, contest winnings paid out, and amounts contributed to the various Matrix and referral upgrade pools. It is our goal to allow every member to have complete access to the entire financial picture of GBBG.

By revealing transparently every aspect of our financial picture, we intend to instil trust and rapport. Members will be more confidently able to tell others about GBBG because they can verify to their referrals the financial condition of the company in real-time. New referrals will easily be able to see the company pays its compensation plan on time, and has the resources in store to continue doing so. We feel this will be a major, useful tool for our membership when promoting our products to others.

Matrix Software Development
In April 2014 we plan to begin development of our Matrix software. This will be the long-term software that operates every one of our websites and manages the 3×3 forced matrix. Some of the features of our upcoming software include:


Unified login – you will login to bitbillions.com and be automatically signed into all our websites
Unified data – statistics and data (such as points and financials) will be unified and reported in real-time across all our websites
Real-time Genealogy – all members will be placed into our 3×7 matrix automatically, Founders first, Co-Founders next, Reserve members next, and Free members last


We anticipate the development of our Matrix software to take 90 to 180 days to complete. Therefore, we anticipate the ability to move to Matrix stage, from a technical stand-point, before all the Co-Founder positions are claimed. Once the Matrix software is fully developed, we will simply wait for all the Co-Founder positions to be claimed and then, flip the switch.

Major Upcoming Project
GBBG intends to release details of our own major upcoming project in April. We will move into a crucial phase for this project soon. As we said repeatedly in the article titled “The Long Overdue Post”, we are developing serious software with serious technical ability. This is not an overnight project. It will take several months to even have our major project in beta testing stage. In addition, we expect major hurdles to clear in legal, regulatory, and banking areas. We will begin to address these hurdles over the next few months as we roll the concept out to our membership.

To allow members the opportunity to understand the nature of our product we will highlight the following aspects:


Ability to acquire ANY virtual currency (e-currency) instantly, without a credit card, without a bank account, without a phone, without a computer, and without any electronic device at all.
Ability to transfer money to anyone on earth without a credit card or even a computer or telephone. This transfer happens instantly and has the lowest costs on earth.
Ability to accept payments from customers anywhere on earth with the lowest payment processing fees on earth.
Ability to store money in an online wallet that is so secure we GUARANTEE your funds cannot be stolen. If they are stolen, we will replace them at our own expense.
The most secure, dependable, customer-friendly, customer responsible payment processing and wallet management system ever built.


We hope this helps members get a glimpse of what we are working on.

Global Blockchain Believers Group
For the past two years, GBBG (Global Blockchain Believers Group) has been working to build a foundation from which we can grow many profitable Blockchain businesses. Bitcoin, e-currencies, and general money/payment related projects are the tip of the iceberg. As a group of experience software engineers, the core leaders of GBBG understand the real genius of “Bitcoin” is not the online money we are all hearing about, it is BLOCKCHAIN.

Over the next few years, we know people world-wide will begin to understand this reality. Blockchain is a protocol that revolutionized online payments. However, this is the very beginning of a major onslaught of tidal waves many industries should prepare for. We fully believe Blockchain will revolutionize the banking industry, legal industry, title industry, mergers & acquisitions industry, entertainment industry, intellectual property, securities and commodities industries, forex, and many, many more industries.

You are involved in a company with a long-term vision. We see the future, and the future is NOT Bitcoin. The truth is, Bitcoin is just a PART of the future. It is the first earth shattering development in many earth shattering developments to come. We intend to spend the remainder of 2014 identifying a handful of truly disruptive ways Blockchain can be used to disrupt other, non-financial, industries. And, we intend to become involved in the development and distribution of products in these industries.

Over the next 10 years, because of Blockchain, things will change most people haven’t even thought of yet. The manner in which books, movies, games, and music are distributed will change entirely. The manner in which the transfer of property (buildings, intellectual assets, etc.) occurs will be revolutionized and industry dinosaurs turned on their heads. We are even discussing involvement in a project that will revolutionize the operations of the entire Internet, taking the Internet into a decentralized peer-to-peer global network that cannot be manipulated or controlled by any government or central “authority” on earth.

In the 1960s the Internet was born. 95% of the population on earth did not become aware of it, or how it would affect their lives, until the mid-1990s. Blockchain was born in 2009. Today, 99% of the people on earth are not aware of it, or what it WILL do to change every life on earth over the next 20 years.

If you are involved in GBBG because you want to turn a quick buck or become an overnight success, please leave. We don’t want you here. You will just detract and discourage members from reality. We are Global Blockchain Believers Group. We understand the reality that we are at the very beginning of something that, over the next 20 years, will change many aspects of life on earth. And, we plan to be involved in those changes.

Over time GBBG and our members will profit greatly. We expect to produce millionaires in the same way Oracle, IBM, Microsoft, Google, and Facebook produced countless numbers of millionaires. Just remember that NONE of them produced these millionaires overnight. They all did so through slow, methodic, consistent growth.

Grow with us. Persevere with us. We are here for the long-haul. Together, we succeed.

More Reubesh hype! Just replace GBBG with Tagvillage and you get the same crap that he spewed in Tagvillage!

littleroundman
03-22-2014, 06:32 AM
From the launch of bitbillions through March 1st, 2014 the company generated a sum total of less than $10 in advertising revenue through the a-ads.com system and a few other ad networks we tested.

Hardly surprising when you think about it.