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NXTautoDAC - all of bluemeanie's automated profit making blockchain companies
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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 :(
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.

No, you are not making the man responsible that is responsible.

Agreed that BM is responsible, but even MORE so is James.

Since he sold it to you, and he is the manager of this venture. 

I hope you are able to see that.
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forkedchain

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johnson, please tell me how my reasoning is wrong here:

jl777 sent bm1 some NXT and some asset to complete the project
bm1, instead of working on the project, starts making accusations, and clearly has no intent of completing the project
bm1 also plans on keeping the nxt and assets
IMO, bm1 owes back the nxt and assets

johnson ONLY, what is wrong with my thinking?  am I missing something?
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Jamesnmay have made a bad decision on sending all the funds for the project at once. but who is still holding that nxt. bm1 is. If bm1 paid this back we could all move on and continie moving forward. all i see here is wasted time now. james was here and bm all last night defending both their corners. thats alot of precious dev time we cant get back. if the project is a no go return the funds simple.
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Johnson

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johnson, please tell me how my reasoning is wrong here:

jl777 sent bm1 some NXT and some asset to complete the project
bm1, instead of working on the project, starts making accusations, and clearly has no intent of completing the project
bm1 also plans on keeping the nxt and assets
IMO, bm1 owes back the nxt and assets

johnson ONLY, what is wrong with my thinking?  am I missing something?

I think you are right in your analyses of what happened.

But what you are missing here, in my opinion, is that you are an investor.

You are not a coworker in the venture, you are not the manager of the venture.

As an investor, it is unwise to get involved in the day to day operations.

As an investor you must make the manager fully responsible for the outcome of the investment/venture.

He makes the decisions, and you will judge him. If the venture fails for whatever reason, he is responsible.

If he points fingers to others, or is not taking responsibility for the decisions he made, that is a very bad sign.

If he apologizes sincerely, or even makes your loss whole, that is good, but until then, he is not to be entrusted with any more money!
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forkedchain

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im not an investor of the project or fund.  im strictly speaking from the perspective of what is right and wrong, and what makes someone a scammer or not a scammer.
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maddy83

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Are bluemeanie1 and Johnson the same person? Or at least "working together" to harm NXT? Strange that they are both now attacking jl777 in a similar way.

I am a new guy here, and don't know much. But there is an old saying "by their fruits you will know them". So, what are the "fruits" of jl777's labor, and what are those of bluemeanie1's?
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DoM P

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Are bluemeanie1 and Johnson the same person? Or at least "working together" to harm NXT? Strange that they are both now attacking jl777 in a similar way.

I am a new guy here, and don't know much. But there is an old saying "by their fruits you will know them". So, what are the "fruits" of jl777's labor, and what are those of bluemeanie1's?
jl777 made MGW possible
And NXTShark
And plenty of other things in the works

BM made a scam.

Why are you asking ?

;)
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maddy83

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jl777 made MGW possible
And NXTShark
And plenty of other things in the works

BM made a scam.

Why are you asking ?

;)

I am not asking because I don't know the answer. I am asking so people would think about the question. :)
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Stadtfeger

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and i lost 150k on the AE much with Nxtautodac! ... please stop it here... the bad thing is that I still have many recommended the AE, i have enough and i will later bought all and if i lost 300k.

perhaps to emotional but it´s hard to see what some people do... but my fault to much in the AE.
here to talk a lot, I want to see results.
and I'm get very impatient!
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jl777

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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 lost a lot, but I'm realistic, crypto is risky territory. There's no way to get the money back, and knowing bluemeanie's name & address can't help me as I live in another country.

Please lock this thread.

Support the people who are obviously trying to get things done. I support James. James might have made some bad decisions along the way, but he made them in good faith, and I believe he is an honest person trying to work constructively with other parties. He doesn't hide the fact that he wants to make money and is supremely motivated & hard working, but he's not trying to rip people off either.

Bluemeanie appears to be motivated by other things, including attention, so lock this thread and move on. By all means make contact with BM in private (I tried but could see it was going nowhere fast), but lock this 'trophy' thread asap.

We've all seen the psycho movies. This thread is like a handbag or a pair of panties to a serial killer rapist (it's a psycho trophy), and every post is giving BM a psycho rush.

The best way to get him back is to ignore him, which I'll do from now.
bm said that he will refund funds to any investors if they contact him
I guess he didnt?

Since he wont take responsibility, it falls on me to do so. After all I did make the horrible mistake of trusting bm. So PM me and we can figure out how best to make good.

As I posted yesterday I will protect investors by providing credits based on what you paid for it or 13 NXT which was yesterday's price before all this. I suggest to suspend trading of NXTautoDAC, if bm wants to actually write code then he is free to create a market with the assets he still has, but after the make good, I will have no more to do with NXTautoDAC or bm, it is just a waste of my precious time.

noashh has volunteered to be the pointman for processing the claims. Please provide the number of NXTautoDAC assets you had as of yesterday, all relevant txids, how much you paid, etc. and what amount of credit you calculate. I will try to honor what you feel is the right amount for the claim, but please use the 13 NXT price as the amount per asset. You can also calculate an extra amount for any difference from 13NXT that I will use to give you allocation of future NXTventure assets. I hope this makes sense. I have already paid out the 1 million via NXTventure and in order not to hurt NXTventure from this "NXTventure" mistake, I am taking personal responsibility for having too much faith in a long time BCT member. I do not have the NXT to use for the makegood, so it will have to be in the form of assets and jl777hodl is the most horizontal asset that spans not only my assets but many others and I feel it is the best way to fund the makegood. If you have a preference for any other asset, just let noashh know and i will see what i can do. The sooner we can all get this behind us the better, so please get your claims in before Friday. I will try to get this all done by this weekend or early next week at the latest.

I am definitely feeling the pain from this and will definitely make changes in any future asset issuances.

I notice that bm keeps saying he isnt anonymous and I am, but just follow the money. The non-anonymous person is keeping the 1 million NXT and the anonymous person is providing the makegood. Maybe non-anonymity is overrated? I dont think people being anonymous changes who they are, so just judge a person by their actions not whether they are anonymous or not. One factor that led me to trust bm in the beginning was because he wasnt anonymous. I too, overrated that factor. No more. I dont care anymore whether someone is anonymous or not, I will judge them purely from what I see them do. I suggest the same

James
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Johnson

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and i lost 150k on the AE much with Nxtautodac! ... please stop it here... the bad thing is that I still have many recommended the AE, i have enough and i will later bought all and if i lost 300k.

perhaps to emotional but it´s hard to see what some people do... but my fault to much in the AE.
here to talk a lot, I want to see results.
and I'm get very impatient!

I'm sorry man :(
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Johnson

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Are bluemeanie1 and Johnson the same person? Or at least "working together" to harm NXT? Strange that they are both now attacking jl777 in a similar way.

I am a new guy here, and don't know much. But there is an old saying "by their fruits you will know them". So, what are the "fruits" of jl777's labor, and what are those of bluemeanie1's?

Very angering you are. I would really appreciate an ignore button. 
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forkedchain

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johnson, please tell me how my reasoning is wrong here:

jl777 sent bm1 some NXT and some asset to complete the project
bm1, instead of working on the project, starts making accusations, and clearly has no intent of completing the project
bm1 also plans on keeping the nxt and assets
IMO, bm1 owes back the nxt and assets

johnson ONLY, what is wrong with my thinking?  am I missing something?

I think you are right in your analyses of what happened.

But what you are missing here, in my opinion, is that you are an investor.

You are not a coworker in the venture, you are not the manager of the venture.

As an investor, it is unwise to get involved in the day to day operations.

As an investor you must make the manager fully responsible for the outcome of the investment/venture.

He makes the decisions, and you will judge him. If the venture fails for whatever reason, he is responsible.

If he points fingers to others, or is not taking responsibility for the decisions he made, that is a very bad sign.

If he apologizes sincerely, or even makes your loss whole, that is good, but until then, he is not to be entrusted with any more money!

so you would agree then, that what jl777 is not considered scamming, but what bm1 has done is?
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Stadtfeger

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I do not know whether it is right that jl777 must always help out if there are problems....  ???
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frohlocke

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As far as I understood he is takeing responsibility for his mistake.
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DoM P

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I do not know whether it is right that jl777 must always help out if there are problems....  ???

James is dedicated to Nxt.

People will need to remember this when we have Nxt bigger than bitcoin
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2Kool4Skewl

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Are bluemeanie1 and Johnson the same person? Or at least "working together" to harm NXT? Strange that they are both now attacking jl777 in a similar way.

I am a new guy here, and don't know much. But there is an old saying "by their fruits you will know them". So, what are the "fruits" of jl777's labor, and what are those of bluemeanie1's?

Very angering you are. I would really appreciate an ignore button.

lol

I don't think Johnson and BlueMeanie are the same person.  Johnson was just pointing out that James was too trusting.
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forkedchain

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Are bluemeanie1 and Johnson the same person? Or at least "working together" to harm NXT? Strange that they are both now attacking jl777 in a similar way.

I am a new guy here, and don't know much. But there is an old saying "by their fruits you will know them". So, what are the "fruits" of jl777's labor, and what are those of bluemeanie1's?

Very angering you are. I would really appreciate an ignore button.

lol

I don't think Johnson and BlueMeanie are the same person.  Johnson was just pointing out that James was too trusting.

yeah but lets see if hes got the balls to answer my question above
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Johnson

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johnson, please tell me how my reasoning is wrong here:

jl777 sent bm1 some NXT and some asset to complete the project
bm1, instead of working on the project, starts making accusations, and clearly has no intent of completing the project
bm1 also plans on keeping the nxt and assets
IMO, bm1 owes back the nxt and assets

johnson ONLY, what is wrong with my thinking?  am I missing something?

I think you are right in your analyses of what happened.

But what you are missing here, in my opinion, is that you are an investor.

You are not a coworker in the venture, you are not the manager of the venture.

As an investor, it is unwise to get involved in the day to day operations.

As an investor you must make the manager fully responsible for the outcome of the investment/venture.

He makes the decisions, and you will judge him. If the venture fails for whatever reason, he is responsible.

If he points fingers to others, or is not taking responsibility for the decisions he made, that is a very bad sign.

If he apologizes sincerely, or even makes your loss whole, that is good, but until then, he is not to be entrusted with any more money!

so you would agree then, that what jl777 is not considered scamming, but what bm1 has done is?

Honestly for me that is not clear.

What seems certain is that James payed BM money for delivery of something.

Sure it is not delivered, and he is not willing to pay it back.

But this does not mean that BM scammed, or that James scammed.

But equally both may be scammers.


Scam is used quickly as a word but a true scam is something that was sold under false pretenses. It is very hard to decide whether this was the case as even the scammer himself will believe his own stories that they will deliver, and even for the people close to this person it may take years before they realise this person is a scammer. I speak from experience sadly.   :-\

For example, here the project is not delivered and the story is that this is because BM did not do any work, or started talking trash about NXT. But then his story is that he did do work, and that he still wants to continue the project. He also says that James blew up the project. This may all be true too. It is one word vs another and who is to be believed? Probably the truth is somewhere in the middle.

Now, I am biased, I don't trust James from the start. But frankly I had a hard time myself judging whether he was too good to be true, or the real deal. He is so active, sets up so much. And we all profit since he basically kickstarted the asset exchange. He also promises the sky, involves so many people.

So I couldn't really speak out. But I see that many people have a very high confidence and trust in him. I see this especially in this thread because here we have a first project that blows up. Now, I would expect people to wisen up and also become more critical of James. But what I see happening is that all the blame is directed towards someone else. And that is why I speak up, because clearly most blame is with James as it is his project, he is the manager, he sold it to the investors, he received the money from the investors!


Now, he says he will make investors whole, pay them back. But the way he does that is by blaming the failure on someone else, only in word taking responsibility but not in spirit. This is another red flag. Look, if he was an honest entrepreneur before investors put money in, he would warn people of the risks of this project, so that if it fails the investors were warned and he does not have to feel guilty. He would also not pay the bill if it fails, not from his own pocket, and certainly not from another asset/investor his pockets. It seems that he is very focused on his reputation, even if that means paying unjustly angry investors. This looks to me that he is hiding something.

What I think, and this is pure speculation, he is hiding, is that he is a scammer, in the meaning that he promises things, that he knows he will not deliver. Or, if he is unconscious of this and he really believes that he will deliver, that he will end up not delivering and so he is a bad entrepreneur. The evidence for that is what did he actually deliver? Because I have heard other voices that say he is all talk. If you can show me that he actually delivered something, that would be a positive indicator, though not conclusive! The scammers I have known delivered, but the product did not even come close to what was said it would, and they knew. 

I could be wrong, but to answer your question, BM may be a scammer, and James may be a scammer. I don't know.
« Last Edit: June 18, 2014, 07:09:02 pm by Johnson »
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forkedchain

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What seems certain is that James payed BM money for delivery of something.
Sure it is not delivered, and he is not willing to pay it back.

well then, regardless of what james is, or is not, BM1 is a scammer.  you apparently do not understand how the term "mutually exclusive" works.  even if it could be conclusively proven that james is a scammer, that still does not make BM1 not be a scammer.

sorry, but you fail at basic logic
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