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NXTautoDAC - all of bluemeanie's automated profit making blockchain companies
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Author Topic: NXTautoDAC - all of bluemeanie's automated profit making blockchain companies  (Read 59774 times)

bluemeanie1

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Close this thread and deal with this privately, I guarantee you will get more resolved with BM if you Skype him.  James made a business decision to hire BM, it didn't work out, BM already cashed out 1Mil Nxt, he obviously doesn't have interest in Nxt.  If his intentions were to walk away the whole time, then hiring him was a very bad decision and his reputation will suffer.  This isn't the community's responsibility to recover funds from bad business decisions.

I agree. Close the thread. Leave this one for karma to work out. Endless discussion is what BM wants.

I have the right to defend myself.  I am responding directly to the claims made against me.

-bm
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Darkhorse

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What is your plan now bm?
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bluemeanie1

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What is your plan now bm?

I'd like two things to happen at this point:

1) refund the money to the community TD fund

2) I'd like to get a credible list of complaints regarding this and see if we can get it settled. I cannot promise anything.  Remember I have never marketed, sold, or profited from James' fundraising.  Again I suspect many of the sales were actually fake.  I can't determine.  Note: this is not an acceptance of fault here, only willingness to help get this problems solved.

Obviously a huge mess was created.  Perhaps we can turn this into something positive.  I haven't really given much thought to technical solutions although there might be some.

On a positive note, while working on VCorps we did do some significant work on developing ideas for reporting(ironically enough).  Perhaps this is a good opportunity to push some of these ideas forward.  Were all treading in new territory here.  These are uncharted waters.  Standards need to be in place if we are to even consider this sort of activity.  There are a few others on this forum I have worked with in defining some of these things- it was all supposed to be part of VCorps.

Given that my statements and replies are considered, and you have ample time to fact check them, of course I'd like the opportunity to regain the general trust here.  I have never defrauded this community in any way.  This thread are ACCUSATIONS and nothing more.

thanks.

-bm
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bluemeanie1

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The fact is, if an asset had clearly designated OFFICERS this would not be a problem.  Officers are a key feature of VCorps.

-bm


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bluemeanie1

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I want to add something to help support my case here.

The shares of NXTautoDAC in my possession were valued in excess of SIX MILLION NXT at one point.

I chose not to cash any of those assets out.  I ask the community members: Is that the behavior of a greedy psychopath?

then you can take a tour of everything I wrote about VCorps- does that work reflect this story that I was just looking to bilk everyone here out of some money?

the reality is all there on the record.

-bm
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Darkhorse

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 James, what is your plan?
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bluemeanie1

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also of note, sent this out on June 7th- to the T.E.A.M mailing list ( Team Everybody A Millionaire ), a group James added me to.  Again tried to participate but found it difficult.  It went dormant until I saw Uniqueorn flaunting his membership at which point I declared my official departure.

Thus this serves to note that problems were emerging for some time.

Quote
hello,

Recently someone had mentioned publicly that they are a member of this group.  This person is far below what I consider to be acceptable ethical and intellectual standards.  For now, I am officially announcing that I am not part of TEAM.

-bm
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Jacinto

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Quote
I have never defrauded this community in any way.

Yeah, few hours ago you said publicly on Bitcointalk that "NXT is worthless" and "the community is full of criminals and thefts".

But, hey!, that cannot defraud anybody! can it?
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Come-from-Above1

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should REMOVED pay back what was stolen within 24 hours beginning now, i am going to delete all public information that was posted about him on Bitcointalk. unfortunately i can not take my initial call to the fbi back, thank u for ur understanding.

bluemeanie1, 24 hours. beginning now.

just a reminder, time is running

1M NXT to be paid back until the deadline June 18, 2014, 11:23:26 pm
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valarmg

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So let me get your story straight?  James has ZERO culpability here?

-bm

James has some culpability. He made the mistake of trusting bluemeanie.

Bluemeanie, please just return the 1M Nxt that you got (via James) from the Nxt community. Think about your reputation. Do you want this scandal to be the first thing that comes up when someone googles your name? You seem to think that there are two sides to this, but you'll note that not a single person other than yourself sees anything except you being totally in the wrong. It's cut and dried that you should repay the 1M Nxt so that the community can be refunded (once again via James) or the project can be revitalized. If you yourself can't see that this is the only way to save your reputation, perhaps talk to a third party who you trust and ask for their opinion.
« Last Edit: June 18, 2014, 09:05:18 am by valarmg »
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Darkhorse

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Bm,

The answer to your question. The money from the sales of shares went to you, with some small amount to Nxtventure as per the quote below. So your where the money question is answered as per our pm conversation.

Just curious, if you hired someone to build your house, and you pay him money upfront to complete the house, and he didn't. Would you let him have the money or will you ask for refund. That is exactly what is happening here.



James, I asked you where the money came from- didn't I?

-bm
The money went to you. The money came from investors. I dont have the exact figures, but I think NXTventure might have netted 100,000 NXT or so. Since I was doing the offering for you as documented in the txid 17375996629400525041, this was fine with me.

NXTventure payment to bm's acct for 1 million NXT 9677367184378728685
https://nxtblocks.info/#section/txid/17375996629400525041
{"asset":"16212446818542881180","comment":"Here is 1% of NXTVenture\r\nThank you for trusting me to do your offering!\r\n\r\nJames","quantityQNT":"10000"}

The PM shows you accepted the terms. Case closed

Now that the facts are in, the only question is if you have the integrity and ethics to do what is right.
Or you can hide behind technicalities or maybe I didnt use the right punctuation, maybe thats enough to justify you keeping a million NXT?

James
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Come-from-Above1

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should REMOVED pay back what was stolen within 24 hours beginning now, i am going to delete all public information that was posted about him on Bitcointalk. unfortunately i can not take my initial call to the fbi back, thank u for ur understanding.

bluemeanie1, 24 hours. beginning now.

just a reminder, time is running

1M NXT to be paid back until the deadline June 18, 2014, 11:23:26 pm

bluemeanie1, should u need more time just let me know.

i find its ur right to have more time should u need it to acquire the required fundings to pay back what u unrightfully took.

if u feel the need to extend the final deadline to 48 hours in total, request here.

~CfA~
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LocoMB

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Edit: don't post private conversations, please

well? anytime!

more updates soon
« Last Edit: June 18, 2014, 02:27:56 pm by Damelon »
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Jacinto

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Edit: don't post private conversations, please


Is NXT core technology a total fraud?  :o

Where is CFB when we need it!  ;)
« Last Edit: June 18, 2014, 02:28:12 pm by Damelon »
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LocoMB

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Edit: don't post private conversations, please


Is NXT core technology a total fraud?  :o

Where is CFB when we need it!  ;)

well from a guy who never even commited a single line of code.. I would not be so sure..  ;D
« Last Edit: June 18, 2014, 02:28:25 pm by Damelon »
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ThomasVeil

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BlueMeanie's tactics here of seeding confusion via random other issues, shifting blame and not answering questions are from the rule book of professional scammers. Any further discussion with him is pointless.

Anyways, I want to point out two things (that I haven't read anyone mentioning it):
The shares of NXTautoDAC in my possession were valued in excess of SIX MILLION NXT at one point.
I chose not to cash any of those assets out.  I ask the community members: Is that the behavior of a greedy psychopath?

At no point was it possible to cash out these assets - the market would not have given a fraction of a million. Besides it would have given the game away.

And that he says he doesn't know where the million comes from (quoted from an skype discussion), contradicts the "I'm not liable" part. The law is crystal clear even for non-lawyers: Nobody is allowed to keep money received by mistake.

The legal consequences go far beyond simply paying it back (or settling) - if BlueMeanie isn't transferring it back now, he is risking ruining his life.
« Last Edit: June 18, 2014, 02:46:28 pm by ThomasVeil »
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DoM P

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Don't we have a lawyer around here? Doesn't he have an opinion about all this?
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Breasal

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I got a sleepy puppy pic from Damelon and I have been up for day and half, so I will take his advice

It seems that the worst case contingency plan will need to be used. I am too tired to work out the details, but assuming I can get some people to help, i want to make sure that everybody that paid for NXTautoDAC will get value equivalent to what they paid or 13 NXT per asset, whichever is less. I hope people that got it as a dividend will understand this is only for cash buyers. So I will need help in processing the claims to verify the net cost basis of the assets. It will be time consuming and hopefully we can create a list of things that are needed for a claim.

Then when everything is all tallied up, you will get credits that can be used to exchange for jl777hodl or NXTcoinsco

I am really sorry for all this and I want to assure everyone that I stand behind my assets. I will be using my personal holdings for this compensation. It will not be from any of the funded asset companies.

James

James, this is very valiant and respectable move. I appreciate your decision, as a small holder of NXTautodac, as I'm sure many others holding much more than I.

Sorry this has come about...I hope that next time, the dev committee will better vet and/or not pay up front all salary for work to be done. All contracts, as with my consulting company, should be generally 10-20% up front and the remaining upon completion of product. I'm certain any reasonable dev would agree to this. Expensive lesson learned.

As far as the credit for other assets based on NXTautodac plunge, please do let the community know how to best expedite this credit or be placed on a list for future offerings. Would simply sending our accounts of which NXTautodac is held be sufficient?
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Johnson

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So let me get your story straight?  James has ZERO culpability here?

-bm

James has some culpability. He made the mistake of trusting bluemeanie.

Something very strange is going on here. Why is James not pointed to as responsible for this failure? To an at least equal extend as BM?

James is the one that sold you this, right?  ???

I don't get why James continues to receive such high confidence, and even when projects fail completely, due to his management decisions, he is not up for scrutiny whatsoever.


I hope you all learn the right lesson here. Do NOT invest in BM & James!

Hold on to your NXT!!!

That said, I'm sorry for your loss :(
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DoM P

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So let me get your story straight?  James has ZERO culpability here?

-bm

James has some culpability. He made the mistake of trusting bluemeanie.

Something very strange is going on here. Why is James not pointed to as responsible for this failure? To an at least equal extend as BM?

James is the one that sold you this, right?  ???

I don't get why James continues to receive such high confidence, and even when projects fail completely, due to his management decisions, he is not up for scrutiny whatsoever.


I hope you all learn the right lesson here. Do NOT invest in BM & James!

Hold on to your NXT!!!

That said, I'm sorry for your loss :(
Well, if I get this right, James created an asset to fund BM's dev.
The money was then given to BM
And BM leaves with the money.

That would make BM a scammer and James, at worst, too trusty of a man.
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