Why is this thread dying did ppl just gave up their money? here are a couple reasons: 1) the badguy is caught and now in the hands of the justice system 2) its highly unlikely that anyone will see any money back, far less likely that a substantive number will get anything meaningful like 25% of their funds 3) too many people forgive and forget far too fast 4) that's old money, they are chasing new money be it here or elsewhere and 5) many people just had enough, enough of the scams, enough of the losses, and enough of the wickedness ... many left crypto, not stricktly because of this but for many this was just the last straw. Look, BTC was twice as high as it is now when this occurred even if they got all of their money back it would be worth half as it was when you lost it. The guy lucked out because if someone killed him earlier on the whole CC industry would be far more improved because at that to point some operators would know that you can't just ripoff people wholesale and expect to get away with it like what occurred in the past. but nope, same old, same old ... if anyone should be killed for scamming its got to be karpeles first if he gets away scott free with almost a billion dollar crime then what this mintpal asshole did looks like nothing ......... edit: who says hes already in the justice system ? where and when was he arrested and what exactly were the charges ? (in the uk a 5 million dollar hacker arrested will always make the newspapers and i havent seen it yet ) Exactly, had Karpeles paid the ultimate price for his foolish deeds I'm sure Green would not have been so quick to follow his lead. As far as Karpeles is concerned, 20 years in a fed prison (if convicted of anything in any country) is nothing he'll be 50ish when he gets out with boat load of money. As for Green, yes he's in the justice system, not the criminal justice system but the civil justice system. Like I said all of the madness slows to a crawl once the industry make is perfectly clear it will not tolerate wholesale thievery. Until then don't look for refunds. They should all be held accountable. Including Boffin. Where the hell did the Boffin go? Do the courts not care that he negligently, knowingly and willingly registered american companies and accounts in his name and encouraged investors into what was a scam, with 0 due dilligence. This guy deletes his reddit account and dissapears off the grid and everything is okay? yes, that's what happens when you don't want gov't interference until you get rob. The CC industry must decide to govern itself or allow for 'normal' regulatory intrusion. some people are just way too trusting...........i know people who been using btc since near the early days that have never been robbed or scammed or lost a single satoshi ....by taking very basic steps in wallet security the important thing is to remember you are your own bank ,you have to protect it yourself and dont give anyone else the chance the to rob you or hack your coinz
|
|
|
...And? You can retire on $10,000 in some places, even $1,000 in others.
I don't think it's possible to retire on $1,000 or even $10,000 in any developed country in the Western world. Many people seem to think that you need a million dollars or more to retire hence why I made this thread. Virtually anyone living in even the most wealthy countries can retire after 3-5 years of saving money if they wanted to. It surprises me that most are unaware of this. A million I've never heard of anyone with that much, and I know a number of old people, even if you count the value of all their possessions. If you have your own house with a garden, even a sum of $50,000 should be enough. nobody in relative youth could retire on 1k 10k 50k or even 100k sleeping in a park you would spend that much on cheap fastfood every day in a year or two and you health would take a nosedive as well so unless medical care is free your fucked anyways you could live in a forrest and eat plants and berries for free but how many people would be willing to do that ??
|
|
|
hope your still holding OP. 2015-2016 is looking bright
115 million usd invested into btc infrastructure is looking good and may well be the tip of the iceberg if more wall st investment pours in .... the op might be able to buy a lamborghini and a mansion by 2020 if he still has those coins
|
|
|
its going to 500 next month.
And 1000 by late March.... This is gentlemen!
|
|
|
I think there is still one of the two guys alive, did they really kill both now? Damn these fucking bastards need to get nuked so badly. Nuclear weapons destroy the environment for future generations , conventional missiles will work just fine....
|
|
|
I doubt they'll do anything at all, for all their talk about being tough on terrorism and fighting it, governments actually do very little to help their citizens in these cases, if you ever find yourself about to be taken hostage it would be better to not let yourself get taken alive, at least that's how I'd feel about it, just because once you get taken hostage that's pretty much it, no one will help you in that scenario.
Its a problematic situation. If you don't save them, well, they die.. so its bad. But if you save them, you give a loads of money to the enemy, which also basically gives them a moral victory as well, plus you risk that they kill them anyway. As far as I know not a single citizen has been saved yet from all of these beheadings commited by that idiot. Give them the money in cash , free the hostages, and then ten minutes later hit them with a cruise missile which will also destroy the cash Simple is the best solution sometimes....
|
|
|
Buy Coins when they're still cheap and you will probably make more profit more easily
|
|
|
OK, Google and math Google 1 US fluid ounce = 29.5735296 ml math 0.125 grams per fluid ounce = 125 milligrams per 29.5735296 ml = (125/29.57353) = 4.226 milligrams per ml Not so hard, isn't it? Disturbing. I wonder who he's planning to use that morphine on? If it's enough for an overdose, put it in a syringe and inject into karpeles neck slowly and if he still can't remember where the goxed btc are, give him the full dose
|
|
|
Why is this thread dying did ppl just gave up their money? here are a couple reasons: 1) the badguy is caught and now in the hands of the justice system 2) its highly unlikely that anyone will see any money back, far less likely that a substantive number will get anything meaningful like 25% of their funds 3) too many people forgive and forget far too fast 4) that's old money, they are chasing new money be it here or elsewhere and 5) many people just had enough, enough of the scams, enough of the losses, and enough of the wickedness ... many left crypto, not stricktly because of this but for many this was just the last straw. Look, BTC was twice as high as it is now when this occurred even if they got all of their money back it would be worth half as it was when you lost it. The guy lucked out because if someone killed him earlier on the whole CC industry would be far more improved because at that to point some operators would know that you can't just ripoff people wholesale and expect to get away with it like what occurred in the past. but nope, same old, same old ... if anyone should be killed for scamming its got to be karpeles first if he gets away scott free with almost a billion dollar crime then what this mintpal asshole did looks like nothing ......... edit: who says hes already in the justice system ? where and when was he arrested and what exactly were the charges ? (in the uk a 5 million dollar hacker arrested will always make the newspapers and i havent seen it yet )
|
|
|
Asking for card information?
what for?
Probably scam
read the thread and then comment if you must..........
|
|
|
Great idea, six months ago. A lot more risky today though. The price could shoot back up and then the shorts get burned.
But six months ago, we were all saying 'this is the bottom, it's going to shoot back over $1,000 any day now'. It seems that as the price keeps falling, we are never far from the bottom... I think it's time to have a go on the sell side... even if it's just one coin, I want to see how it pans out... why would anyone sell now ? unless your hungry or something drastic is going on just hodl for a year or two and you will benefit far more
|
|
|
I thought the bulltards told us not to focus on price though? So let's look at bitcoin itself. Since 2011, there has been essentially no improvement to the protocol itself. The only difference is that you can spend them with a few stores online, but still, they're just being dumped immediately to dirty fiat and not being held by the merchants. If the merchants won't even hold bitcoin, that tells us it's not a useful currency. So essentially, the only reason we're still sticking around $200 is because of speculators.
Will these speculators drive the price up again? Maybe... but I doubt it. Sooner or later the people will realize the emperor has no clothes. There just isn't any reason for ordinary people to use bitcoin, and the value will ultimately reflect that reality.
the value is international transfers that currently cost too much with western union and banks those are the advantages as well as having some assets that can be moved around freely without government oversight they price will always recover
|
|
|
In the year 2010 I was introduced to bitcoin while listening to a philosophy podcast. At that time bitcoin had just CRASHED all the way from $30 down to $3. The "bubble" had popped if you will, and it was quite clear to everyone that bitcoin was dead.
So I decided to buy 500 Bitcoin.
The very next day I walked into my garage and accidentally stepped onto a rake which flew up and hit me in the head and was knocked out cold and remained in a coma for 5 years.
I woke from my coma yesterday and the first thing that I did was ask what the price of bitcoin was doing, the answer i got was, "Bitcoin is dead, it's just crashed all the way down to $197."
but your wife ran away with mark karpeles. for 850,000 btc , i will sell mark karpeles my wife and get a new one
|
|
|
Yikes.... Not only would taking a loan mean you are investing more than you can afford to lose; you would end up being in debt when the price crashes. You may have to work for a significant amount of time to repay the loan.
If investing in BTC was such a sure shot way of making money, a lot of people would have done it already.
we did its all about the timing.............
|
|
|
So I've seen the number that 250,000 BTC sold off. While that's probably people misinterpreting the trading volume as pure selloff volume, wouldn't that be SOME SHIT if we found it was the remaining GOX coins being liquidated to repay creditors? GOXED FROM THE GRAVE! I still feel like there's potentially one more Goxing out there somewhere, somehow. i guess btc-e will be the next gox, its probably just a matter of time IMO I would disagree. btc-e has never gotten hacked. On the other hand gox was hacked on a regular basis and it's overall security setup was a joke What makes you think that something that hasn't happened before won't happen in the future? Your point is totally invalid. You are just ignoring the impact of the highly improbable. The solution resides in professional auditing of the exchanges and more experience in protecting their business and their client's funds. they should be forced to purchase insurance BEFORE taking hundreds of millions of usd /btc in customer deposits and then being "hacked" eventually it will be mandatory but for now,use them at your own risk anyone can operate an exchange as it stands ,even people with a history of scamming (mintpal etc )
|
|
|
If Op didn't sell his house for 400k $ He could buy roughly 2000 bitcoins today. That's about 1400 more bitcoins than what he has.
yes 1400 bitcoins difference as of today.
its a volatile commodity we will see massive swings in both directions theres no way he could have predicted 200usd btc way back then ..... also no reason to think those coins wont be worth a few million in a couple of years .....if he has hodled them
|
|
|
So I've seen the number that 250,000 BTC sold off. While that's probably people misinterpreting the trading volume as pure selloff volume, wouldn't that be SOME SHIT if we found it was the remaining GOX coins being liquidated to repay creditors? GOXED FROM THE GRAVE! I still feel like there's potentially one more Goxing out there somewhere, somehow. i guess btc-e will be the next gox, its probably just a matter of time IMO I would disagree. btc-e has never gotten hacked. On the other hand gox was hacked on a regular basis and it's overall security setup was a joke replace hacked with "steal everybodys money" if that makes you feel better i still think they will be the next big one to go down ,have they ever had any audit ? does anyone know its exact address etc who even owns it ? a guy called "alex" from russia or bulgaria ?? that sure makes me feel a lot better ...............
|
|
|
I was wondering if I was the only person seeing this, haha. But I guess the people freaking out the most weren't in any of the previous bubble pops to know what it feels like in this exact moment.
You can't get to me man, my buy in is ~$10. Best troll your meme out elsewhere. the most expensive coins i had previously bought were around 6usd it will take a lot more to panic me than -200 lol i cashed out a pile around the last ATH when people were buying lamborghinis and shit but i kept a lot too because i believe in the technology and its usefulness i am currently buying up more because i think these coins are way undervalued at the moment
|
|
|
So I've seen the number that 250,000 BTC sold off. While that's probably people misinterpreting the trading volume as pure selloff volume, wouldn't that be SOME SHIT if we found it was the remaining GOX coins being liquidated to repay creditors? GOXED FROM THE GRAVE! I still feel like there's potentially one more Goxing out there somewhere, somehow. i guess btc-e will be the next gox, its probably just a matter of time IMO
|
|
|
Well Blockhalving is essentially going to decrease the amount of coins dumped which are generated due to mining. Now that the price is down and a lot of miners have given up. Do we know if 3600 coins are still generated everyday ?
the small gpu miners have quit as theyre unprofitable the multimillion dollar operation mining farms with cheap power will not quit anytime soon
|
|
|
|