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Title: MyCoin Went Bankrupt? Were you a victim? Post by: Itsumo on February 10, 2015, 01:53:23 PM Ok so the story is, HongKong Bitcoin Exchange ran with the investors millions.
If I am one of the victims, what should I do? Bitcoin Exchange MyCoin Bows Down To Bankruptcy, Took Investors Money (http://bitforum.info/t/bitcoin-exchange-mycoin-bows-down-to-bankruptcy-took-investors-money/255?u=thebitboss) Is there a chance to get our investments back? How? Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: MCHouston on February 10, 2015, 02:44:20 PM Hire a lawyer, hope your government does a good job of finding all the companies assets and hope there is enough you will get some of your money back.
Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: mayax on February 10, 2015, 02:45:13 PM Hire a lawyer, hope your government does a good job of finding all the companies assets and hope there is enough you will get some of your money back. dream, dream ! :) http://www.reuters.com/article/2015/02/10/us-bitcoin-hongkong-idUSKBN0LE09A20150210 Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: Itsumo on February 10, 2015, 03:30:53 PM Hire a lawyer, hope your government does a good job of finding all the companies assets and hope there is enough you will get some of your money back. dream, dream ! :) http://www.reuters.com/article/2015/02/10/us-bitcoin-hongkong-idUSKBN0LE09A20150210 No possibility of getting back your money? Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: thejaytiesto on February 10, 2015, 03:45:18 PM Hire a lawyer, hope your government does a good job of finding all the companies assets and hope there is enough you will get some of your money back. dream, dream ! :) http://www.reuters.com/article/2015/02/10/us-bitcoin-hongkong-idUSKBN0LE09A20150210 No possibility of getting back your money? Same thing as Mt Gox... who got their money back? Put your bitcoin in a centralized exchange = you are risking your money. Specially in China when bitcoin is "half ilegal". Why would the authorities be forced to save your ass? Coinbase and Gemini are the only exchanges that are worth trusting at. Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: LiteCoinGuy on February 10, 2015, 05:53:12 PM Adding to the mystery are reports the company never operated as a genuine bitcoin business at all. Testimonies from customers describe an operation more like a Ponzi scheme that used the veneer of bitcoin trading as its lure.
One local woman was quoted as saying: "We were told by those at higher tiers [of the scheme] that we can get our money back if we find more new clients." Adding to the business' pyramid-like feel were promises of cash prizes or Mercedes-Benz cars if customers could recruit new investors, said a report in Hong Kong's South China Morning Post. i think thats a good lesson for you :) Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: chek2fire on February 10, 2015, 05:57:50 PM This is fake news. Everyone in internet blame bitcoin for another "mtgox" case. This new is fake! This company has nothing to do with bitcoin and was only a ponzi that has steal only fiat money for investors and that money was not even 350 million dollar. There is no any source about how many was.
Is a shame for new site like Coindesk to have this fake number and news in their front page. I think the propose for all that negative fake news is the pressure of bitcoin price. http://www.reddit.com/r/Bitcoin/comments/2v89ee/investors_fear_up_to_400_million_losses_in/ Can anyone find the official Hong Kong Monetary Authority statement for bitcoin in their official site? http://www.hkma.gov.hk/eng/key-information/press-releases/2015/20150210-4.shtml i see and this news all over the internet but i cant find a link to their official statement. Is common official statements to be public but i cant find any link to that in their official site. http://www.reuters.com/article/2015/02/10/bitcoin-hongkong-idUSL4N0VK1J520150210 http://www.coindesk.com/hong-kong-central-bank-warns-bitcoin-following-alleged-scam/ and this has and picture in that http://newsbtc.com/2015/02/10/investors-bite-dust-hong-kong-central-bank-releases-statement-bitcoin/ all this negative recent news that blame so easy bitcoin imo is an inside job from well known bitcoin investors./ The real target is the next big batch of 50.000 bitcoins from silk road. Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: VulgusMan on February 10, 2015, 06:33:46 PM Ok so the story is, HongKong Bitcoin Exchange ran with the investors millions. If I am one of the victims, what should I do? Bitcoin Exchange MyCoin Bows Down To Bankruptcy, Took Investors Money (http://bitforum.info/t/bitcoin-exchange-mycoin-bows-down-to-bankruptcy-took-investors-money/255?u=thebitboss) Is there a chance to get our investments back? How? the answer it is really simple... and unfortunately it is... NO!!! :-[ Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: oblivi on February 10, 2015, 07:04:32 PM I decided to stop the habit of letting my coins inside other people's hands since Mt Gox.
Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: lolled on February 10, 2015, 07:11:37 PM I decided to stop the habit of letting my coins inside other people's hands since Mt Gox. Thats the best decision any one can make, specially with bitcoin Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: unsoindovo on February 10, 2015, 08:05:25 PM I decided to stop the habit of letting my coins inside other people's hands since Mt Gox. Thats the best decision any one can make, specially with bitcoin +1 DO NOT HOLD YOUR BTC ON THIRD PARTY EXCHANGES – BE YOUR OWN BANK i like gbianchi signature!!! ;-) Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: Deadstock on February 10, 2015, 08:21:41 PM I decided to stop the habit of letting my coins inside other people's hands since Mt Gox. Lesson learned indeedTitle: Re: MyCoin Went Bankrupt? Were you a victim? Post by: Netnox on February 10, 2015, 08:32:22 PM No i dont do business with chinese exchanges because its harder to deal with than western exchanges, they seem less trustable to me from past bitcoin events in comparison to a regulated exchange in the west.
Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: Itsumo on February 11, 2015, 12:59:11 AM I decided to stop the habit of letting my coins inside other people's hands since Mt Gox. Lesson learned indeedAnd still people doesnt learn.. Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: Cryptonitex on February 11, 2015, 01:00:18 AM Sucks, hard to trust services as they can just run off with your coins.
Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: tadakaluri on February 11, 2015, 04:39:54 AM This is fake news. Everyone in internet blame bitcoin for another "mtgox" case. This new is fake! This company has nothing to do with bitcoin and was only a ponzi that has steal only fiat money for investors and that money was not even 350 million dollar. There is no any source about how many was. Is a shame for new site like Coindesk to have this fake number and news in their front page. I think the propose for all that negative fake news is the pressure of bitcoin price. http://www.reddit.com/r/Bitcoin/comments/2v89ee/investors_fear_up_to_400_million_losses_in/ Can anyone find the official Hong Kong Monetary Authority statement for bitcoin in their official site? http://www.hkma.gov.hk/eng/key-information/press-releases/2015/20150210-4.shtml i see and this news all over the internet but i cant find a link to their official statement. Is common official statements to be public but i cant find any link to that in their official site. http://www.reuters.com/article/2015/02/10/bitcoin-hongkong-idUSL4N0VK1J520150210 http://www.coindesk.com/hong-kong-central-bank-warns-bitcoin-following-alleged-scam/ and this has and picture in that http://newsbtc.com/2015/02/10/investors-bite-dust-hong-kong-central-bank-releases-statement-bitcoin/ all this negative recent news that blame so easy bitcoin imo is an inside job from well known bitcoin investors./ The real target is the next big batch of 50.000 bitcoins from silk road. Even it is a Investment/Ponzi, All investments made by BTC - So, only BTC Users are LOOSE their money. Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: Beliathon on February 11, 2015, 05:26:54 AM MyCoin goes bankrupt.
Hodlers not affected. Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: fastBeast on February 11, 2015, 10:46:21 AM This is fake news. Everyone in internet blame bitcoin for another "mtgox" case. This new is fake! This company has nothing to do with bitcoin and was only a ponzi that has steal only fiat money for investors and that money was not even 350 million dollar. There is no any source about how many was. Is a shame for new site like Coindesk to have this fake number and news in their front page. I think the propose for all that negative fake news is the pressure of bitcoin price. http://www.reddit.com/r/Bitcoin/comments/2v89ee/investors_fear_up_to_400_million_losses_in/ Can anyone find the official Hong Kong Monetary Authority statement for bitcoin in their official site? http://www.hkma.gov.hk/eng/key-information/press-releases/2015/20150210-4.shtml i see and this news all over the internet but i cant find a link to their official statement. Is common official statements to be public but i cant find any link to that in their official site. http://www.reuters.com/article/2015/02/10/bitcoin-hongkong-idUSL4N0VK1J520150210 http://www.coindesk.com/hong-kong-central-bank-warns-bitcoin-following-alleged-scam/ and this has and picture in that http://newsbtc.com/2015/02/10/investors-bite-dust-hong-kong-central-bank-releases-statement-bitcoin/ all this negative recent news that blame so easy bitcoin imo is an inside job from well known bitcoin investors./ The real target is the next big batch of 50.000 bitcoins from silk road. Even it is a Investment/Ponzi, All investments made by BTC - So, only BTC Users are LOOSE their money. if you really think so... what are you doing here??? 8) 8) 8) Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: CoinCidental on February 11, 2015, 10:57:15 AM there was no bitcoins ,3000 people bought noin existant bitcoins WITH CASH as far as i can gather at a vastly reduced price
then when they went to withdraw them after a few months the site naturally collapsed since it was built on smoke and mirrors like all ponzis are who really expected to make hundreds of % in profit in a mere 3 months or so ? if that were even possible the ponzi owner would have just invested his own money its like these sites that offer to double your btc in 24/48 hrs etc if they could really do that ,they would just be doing it instead of hanging out looking for fools on forums to "invest" Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: VulgusMan on February 11, 2015, 09:19:06 PM there was no bitcoins ,3000 people bought noin existant bitcoins WITH CASH as far as i can gather at a vastly reduced price then when they went to withdraw them after a few months the site naturally collapsed since it was built on smoke and mirrors like all ponzis are who really expected to make hundreds of % in profit in a mere 3 months or so ? if that were even possible the ponzi owner would have just invested his own money its like these sites that offer to double your btc in 24/48 hrs etc if they could really do that ,they would just be doing it instead of hanging out looking for fools on forums to "invest" just one word PONZI!!! Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: netmonk on February 11, 2015, 10:30:43 PM In fact, in this case you can replace bitcoin by anything else it would be exactly the same!
No blame for bitcoin, just blame those silly investor who get fooled again! How is it possible after Madof story !!! Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: Nrcewker on February 12, 2015, 04:43:55 AM seem that no one here get its hurt
Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: redHairy on February 12, 2015, 09:45:10 AM seem that no one here get its hurt other news!!! http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/ it seems only 3millions HK$ was stolen,... and not 387millions!!!! Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: fastBeast on February 12, 2015, 11:21:51 AM seem that no one here get its hurt other news!!! http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/ it seems only 3millions HK$ was stolen,... and not 387millions!!!! wow!!! this news/numbers are like a lottery!!! look for the next draw ;D Title: Re: MyCoin Went Bankrupt? Were you a victim? Post by: CoinCidental on February 12, 2015, 11:42:25 AM There is so many different incotrect versions of this story is embarrassing to even read them never mind publish them, it's just all sensationalist clickbait with the most exaggerated numbers they can think off and buzzwords like Bitcoin thrown in to make it more interesting than the typical scaam involving money
These people should be fired for such sloppy journalism 3 million or 387 million or 400 million or 3.1 billion hk as if the details don't matter I will not be clicking on another update of this "news" even though I have full ad blockers enabled and they will not make anything from me...... |