Page 2 of 3 FirstFirst 123 LastLast
Results 26 to 50 of 66
Like Tree48Likes

Thread: Bit Club Network - bitclubnetwork.com

  1. #26
    Fedman is offline Junior Member
    Join Date
    Sep 2014
    Posts
    5

    Re: Bit Club Network - bitclubnetwork.com

    I am still here. Surprised at all these personal attacks.

  2. #27
    Whip's Avatar
    Whip is offline Anonymous. As are you all
    Join Date
    Jun 2010
    Posts
    6,337

    Re: Bit Club Network - bitclubnetwork.com

    wah. that's a typical scammer excuse.

  3. #28
    Fat City, LA's Avatar
    Fat City, LA is online now Senior Scambuster
    Join Date
    Jan 2013
    Posts
    1,609

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by EagleOne View Post
    I think Fedman has left the building for good.

    He is here but when you look that fake/clownish/stupid...why respond with anything but scammish BS?

    Or
    The bathrooms at the Federal Reserve Bank must of needed cleaning.

    https://docs.google.com/file/d/0B8WS...t?usp=drivesdk

  4. #29
    littleroundman is offline Administrator
    Join Date
    Jun 2010
    Posts
    19,057

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by Fedman View Post
    Surprised at all these personal attacks.
    You'll have to forgive us for that slip in etiquette

    After it happens for the umpteenth time, one tends to becomes a tiny bit annoyed at the appearance of yet another defender of the indefensible and apologist for low life serial fraudsters.
    The only thing necessary for the triumph of evil is for good men to do nothing

  5. #30
    Fedman is offline Junior Member
    Join Date
    Sep 2014
    Posts
    5

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by littleroundman View Post
    You'll have to forgive us for that slip in etiquette

    After it happens for the umpteenth time, one tends to becomes a tiny bit annoyed at the appearance of yet another defender of the indefensible and apologist for low life serial fraudsters.
    I know the Federal Reserve very well. I work with monetary policy and collect antidotal information for the Beige book. I do not know much about your blog or your purpose. It seems very one sided and malicious for the most part. I don't see much real content. It seems most posts only attack those who do not share your same beliefs.

  6. #31
    Whip's Avatar
    Whip is offline Anonymous. As are you all
    Join Date
    Jun 2010
    Posts
    6,337

    Re: Bit Club Network - bitclubnetwork.com

    Keep crying all you want. Just because you don't like the facts, doesn't mean it's an attack. scammers use that bullshit all the time. You have yet to post one fact to back up your claim your 'friend' is honest and not the scammer he is. You haven't even answered how you found this obscure messageboard in order to defend your 'friend'. There's plenty of real content here......you just don't like it because it makes you a liar. As well as your 'friend'.

    Now, how can the 'program' your friend is in guarantee these kinds of interest returns:

    Attachment 8352

    Attachment 8353

    And if they were indeed legal, don't you think heavy hitters like Warren Buffet would be doing this instead of playing the silly games he does with his money in the real world? What does your alleged status with the federal reserve bank have to do with any of this?

  7. #32
    littleroundman is offline Administrator
    Join Date
    Jun 2010
    Posts
    19,057

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by Fedman View Post
    I know the Federal Reserve very well. I work with monetary policy and collect antidotal information for the Beige book. I do not know much about your blog or your purpose. It seems very one sided and malicious for the most part. I don't see much real content. It seems most posts only attack those who do not share your same beliefs.
    With due deference to your obviously sensitive nature, Fedman, but might I take the liberty of calling BULLSHIT ever so politely on your statement.

    The word you are looking for is anECdotal and not anTIdotal

    As in:

    The Beige Book, more formally called the Summary of Commentary on Current Economic Conditions, is a report published by the United States Federal Reserve Board eight times a year. The report is published in advance of meetings of the Federal Open Market Committee. Each report is a gathering of "anecdotal information on current economic conditions" by each Federal Reserve Bank in its district from "Bank and Branch directors and interviews with key business contacts, economists, market experts, and others."
    I could be entirely wrong, of course.

    You may very well be involved in uncovering a serious plot against the members of the Federal Reserve Board involving the secretive administration of poison or even by boring them to death:



    But, I think I will stick with: "You're attempting to bullshit us" (and you're really bad at it, as well)
    The only thing necessary for the triumph of evil is for good men to do nothing

  8. #33
    busttheblock is offline Senior Scambuster
    Join Date
    Oct 2012
    Posts
    523

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by littleroundman View Post
    With due deference to your obviously sensitive nature, Fedman, but might I take the liberty of calling BULLSHIT ever so politely on your statement.

    The word you are looking for is anECdotal and not anTIdotal

    As in:



    I could be entirely wrong, of course.

    You may very well be involved in uncovering a serious plot against the members of the Federal Reserve Board involving the secretive administration of poison or even by boring them to death:



    But, I think I will stick with: "You're attempting to bullshit us" (and you're really bad at it, as well)
    OMG, absolutely hilarious!

  9. #34
    ribshaw's Avatar
    ribshaw is offline Nigerian Ministry
    Join Date
    Feb 2013
    Location
    Internet Cafe Nigeria
    Posts
    5,942

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by Fedman View Post
    I know the Federal Reserve very well. I work with monetary policy and collect antidotal information for the Beige book. I do not know much about your blog or your purpose. It seems very one sided and malicious for the most part. I don't see much real content. It seems most posts only attack those who do not share your same beliefs.
    You had to have seen it coming! Post to a site that exposes scams and tell a story that does not make any sense. When it is shown Brian Spatola has a long history of promoting Ponzi schemes you kick and scream like a child being pulled from the candy isle. Bernie Madoff may share his pudding, and play a great game of Bocce Ball, that does not make him a "very honest person".

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

    The Tale:

    Affiliates join for $99 and then invest in “shares” for between $500 to $2000 a pop. Investments are made on the expectation of a 1000 day >100% ROI, which is paid out of new investor funds.

    BULLSHIT.JPG

    Here is some "real content", Bitcoin mining appears to be barely profitable at this point, yet your bestie is offering 100% return in 1000 days. If this was anywhere close to being reality no one would be slapping up U-TUBE videos and taking $99 bucks a clip, they would find a heavy to fund the deal.

    I am no expert on Bit-mining, hell, I blog from an Etch-A-Sketch and have my 9 year old niece upload my prose. Surely if a nobody like me can see this scam story does not add up, a Federal Reserve Vice President with 30 years experience such as yourself can put together what your friend is peddling...

    Summary: Bitcoins are becoming the "national currency" of criminals the world over and are becoming an increasingly poor investment for legitimate miners.

    Want to make money mining bitcoins? Criminals have you beat | ZDNet

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

    Cloud mining, such as cex.io, will never break even at all, making a maximum of 0.02 BTC, with hopes of reselling it back into the market, hopeless.

    Is Crypto-Currency Mining Still Profitable? - CryptoCoinsNews

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

    The problem is Bitcoin mining is NOT profitable. The difficulty of Bitcoin mining goes up by about 15% every 16 or so days. I ran a scenario where I found that if I put in $2000 to buy the MOST efficient hardware available, I will not even make back what I put into it. I will make back about 900$, then by day 110 I won't even make back enough Bitcoins to pay for electricity to run the rig.

    A (MLM) Skeptic: Scam Alert: Bitcoin as disguise for Ponzi scheme

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

    EVEN SOME OF THE ALT-CURRENCIES ARE GETTING HARDER TO MINE.


    Litecoin mining is no longer / barely profitable with certain GPUs at $.095 USD per KW/h. : litecoin
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  10. #35
    Whip's Avatar
    Whip is offline Anonymous. As are you all
    Join Date
    Jun 2010
    Posts
    6,337

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by ribster
    I blog from an Etch-A-Sketch

  11. #36
    Fat City, LA's Avatar
    Fat City, LA is online now Senior Scambuster
    Join Date
    Jan 2013
    Posts
    1,609

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by Fedman View Post
    I know the Federal Reserve very well. I work with monetary policy and collect antidotal information for the Beige book. I do not know much about your blog or your purpose. It seems very one sided and malicious for the most part. I don't see much real content. It seems most posts only attack those who do not share your same beliefs.
    Hey Clown, you claim your a vice president? Rank and file staffers compile the beige book info NOT vice president.

    Do you also work with Santa Claus at the Federal Reserve? Its just as believeable as your BS.

  12. #37
    EagleOne's Avatar
    EagleOne is offline Elite Scambuster
    Join Date
    Jun 2010
    Posts
    4,457

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by Fedman View Post
    I am still here. Surprised at all these personal attacks.
    Glad to see that you have not left us. So this means you will post your full name and your office phone number and address, right?
    EagleOne
    Founder/President Eagle Research Associates
    http://eagleresearchassociates.org
    http://swindles.org
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com
    Lifetime Member of the National Association of Distinguished Professionals

  13. #38
    Whip's Avatar
    Whip is offline Anonymous. As are you all
    Join Date
    Jun 2010
    Posts
    6,337

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by EagleOne View Post
    Glad to see that you have not left us. So this means you will post your full name and your office phone number and address, right?
    I don't know which is funnier.....this or ribster's etch-a-sketch line. He can't even prove his "friend's" scams aren't scams.

  14. #39
    kschang is offline Senior Scambuster
    Join Date
    May 2012
    Posts
    874

    Re: Bit Club Network - bitclubnetwork.com

    Of course, it's quite possible that 'work with monetary policy' means filing them away for 30 years, then rage quit and formed a one-person corp and claim to be VP of his own company.

    Far more plausible than "I know some morons who claim Bitcoin mining is profitable enough to pay 100% interest over 1000 days"
    ---
    A MLM Skeptic (not a Cynic) covering scams, critical thinking, and psychology
    http://amlmskeptic.blogspot.com

  15. #40
    EagleOne's Avatar
    EagleOne is offline Elite Scambuster
    Join Date
    Jun 2010
    Posts
    4,457

    Re: Bit Club Network - bitclubnetwork.com

    I just wonder if Fedman knows it is a crime to impersonate a federal government employee?
    EagleOne
    Founder/President Eagle Research Associates
    http://eagleresearchassociates.org
    http://swindles.org
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com
    Lifetime Member of the National Association of Distinguished Professionals

  16. #41
    Gregg's Avatar
    Gregg is offline Senior Scambuster
    Join Date
    Jun 2010
    Location
    Gettysburg PA, Cincinnati OH
    Posts
    507

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by Fedman View Post
    Hello. My name is Steve, I am a Vice President and I work for the Federal Reserve Bank for over 30 years. I personally know Brian Spatola and find him to be a very honest person. Calling Brian a "ponzi pimp" I find to be a very inappropriate statement.
    Hi Steve,

    My name is Gregg and I really did work for the Federal Reserve Bank of Cleveland, and I've never heard of you. Further, you talk like someone who doesn't know anything about the Federal Reserve Banks or Board of Governors.
    You see, the Federal Reserve Board doesn't have Vice Presidents, the 12 Federal Reserve Banks do sort of, but that's not the title that anyone who held it or anyone who even knew more about them that you can Google would call them. There are "First Vice Presidents" of each branch and several "Executive Vice Presidents" each with a specialty. For instance, I worked for a group called Research, Markets and Policy and my ulimate boss was the Executive Vice President Of Research Market and Policy. That's how anyone would refer to it who knew anything about it, and the EVP himself (currently an aquaitance of mine named Todd Hunter) would in writing refer to himself by his full title, not as "a Vice President and I work for the Federal Reserve Bank for over 30 years" Also, I've give you credit for specifying Federal Reserve Bank as opposed to just Federal Reserve, its the one bit of terminology you almost got right. Anyone who works at one of the Federal Reserve Banks might say "I work at the Fed" but any I know who went far enough to say out "Federal Reserve Bank" would grammatically say "a" as opposed to "the" because they know their are 12 of them and most people don't realize that. I guess blind pigs and all, but I digress. Assuming you really were an Executive Vice President of a Federal Reserve Bank, you would hold at least a PhD in Economics, Finance or some related discipline, have you written anything I might have read?
    Speaking of Google, its just a great phucking resource, using it, a person can find, in a matter of minutes that their are 142 people who currently hold titles as some form of "Vice President of " something at the 12 Federal Reserve Banks. In less than 30 minutes I can confirm that not one of those people is named Steve...

    So, there you have it, I'm not insinuating you're a phucking liar. I'm just out saying it, you're a phucking liar.

  17. #42
    Gregg's Avatar
    Gregg is offline Senior Scambuster
    Join Date
    Jun 2010
    Location
    Gettysburg PA, Cincinnati OH
    Posts
    507

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by EagleOne View Post
    I just wonder if Fedman knows it is a crime to impersonate a federal government employee?
    The Federal Reserve Banks are not government entities and their employees are not Federal Employees. Now, The Federal Reserve Board of Governors is a government entity, but it doesn't have Vice Presidents.

  18. #43
    EagleOne's Avatar
    EagleOne is offline Elite Scambuster
    Join Date
    Jun 2010
    Posts
    4,457

    Re: Bit Club Network - bitclubnetwork.com

    Ah shucks Gregg, you've taken all the fun out of playing with Fedman. You probably "skeered" him off! LOL! It was just starting to get fun.
    EagleOne
    Founder/President Eagle Research Associates
    http://eagleresearchassociates.org
    http://swindles.org
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com
    Lifetime Member of the National Association of Distinguished Professionals

  19. #44
    NikSam is offline AntiCon Artist
    Join Date
    Dec 2012
    Posts
    2,262

    Re: Bit Club Network - bitclubnetwork.com

    I think he wanted to say that he is a Vice President of this BitClub Network scam.

  20. #45
    littleroundman is offline Administrator
    Join Date
    Jun 2010
    Posts
    19,057

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by NikSam View Post
    I think he wanted to say that he is a Vice President of this BitClub Network scam.
    Judging by the number of rookie mistakes in his posts, I don't think he's even smart enough to do that.
    The only thing necessary for the triumph of evil is for good men to do nothing

  21. #46
    kschang is offline Senior Scambuster
    Join Date
    May 2012
    Posts
    874

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by Gregg View Post
    The Federal Reserve Banks are not government entities and their employees are not Federal Employees. Now, The Federal Reserve Board of Governors is a government entity, but it doesn't have Vice Presidents.
    But if any one CLAIMS to be employee of the Fed and may be involved in fraud, the FRB do want to know

    Here's NY FRB's address: report.fraud@ny.frb.org
    ---
    A MLM Skeptic (not a Cynic) covering scams, critical thinking, and psychology
    http://amlmskeptic.blogspot.com

  22. #47
    busttheblock is offline Senior Scambuster
    Join Date
    Oct 2012
    Posts
    523

    Re: Bit Club Network - bitclubnetwork.com

    Quote Originally Posted by kschang View Post
    but if any one claims to be employee of the fed and may be involved in fraud, the frb do want to know

    here's ny frb's address: report.fraud@ny.frb.org

    the forum admin(s) should send any pertinent information to that address.

  23. #48
    littleroundman is offline Administrator
    Join Date
    Jun 2010
    Posts
    19,057

    Re: Bit Club Network - bitclubnetwork.com

    BEHINDMLM.com is today reporting:

    BitClub Network staying anonymous to avoid regulators

    Sent out sometime in the last twenty-four hours, a BitClub Network newsletter reads:

    One of the key features of Bitcoin is the private and anonymous nature of it. It works without knowing who you are or where you live so that nobody can be discriminated against.

    It also requires zero trust from either party because everything is made public and verified across the entire network. Since there is no centralized location for these records nobody has the power to control or manipulate it.

    Whereas a bank for example you have to “trust” them to keep your money safe and hope they provide an accurate ledger for your account.

    The bank can do whatever they want because they have full control over your account and they can see everything you spend money on. But with Bitcoin and other digital currencies nobody controls or regulates the accounts and all the details are kept private, secure and anonymous.

    Because of these principles we don’t need to know “who” you are, and we will never ask for any of your personal details. Likewise, the team behind BitClub Network will remain anonymous too.

    There is no benefit in sharing any personal details because it will only create security risks and unwanted attention that could ultimately lead to attacks by hackers, regulators, or other organizations. So we are staying anonymous to protect this business model for everyone.

    Quote Originally Posted by OzSoapbox at BehindMLM
    Attacks from regulators”? How cute.

    The language used strongly suggests that those running BitClub Network are disgruntled MLM Ponzi veterans. And given the Ponzi pimp clientele the company has thus far attracted, it’s likely they’re all in on it too.
    BitClub Network’s business model is little more than a daily ROI promise for 1000 days, with the opportunity relying on new investment to be able to continue to pay off existing investors.
    The whole “bitcoin mining” facade is just that, with the actual reason the company uses the crypto-currency revealed above: to fend of regulators who might investigate the company.
    The short of it is the only people “protected” by the owner(s) of BitClub remaining anonymous are themselves, and the Ponzi protegés they’ve enlisted to promote it.
    You can read the entire article here on BEHINDMLM
    The only thing necessary for the triumph of evil is for good men to do nothing

  24. #49
    NikSam is offline AntiCon Artist
    Join Date
    Dec 2012
    Posts
    2,262

    Re: Bit Club Network - bitclubnetwork.com

    Hey Steve, please let your friends in the Fed know that we are all patiently awaiting their reply :)

    No Immediate Comment From Federal Reserve On Claims Related To Emerging BitClub Network ‘Program’

  25. #50
    Fat City, LA's Avatar
    Fat City, LA is online now Senior Scambuster
    Join Date
    Jan 2013
    Posts
    1,609

    Re: Bit Club Network - bitclubnetwork.com

    The Bitcoin scammers are coming out of the woodwork.
    2xBitco.in

Page 2 of 3 FirstFirst 123 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42