Think about the facts: 17 billion USD in actual losses (money paid in, not what people thought they should have based on fake inflated data). But of this amount between 33% to maybe 50% has been recovered by the trustee in charge of recovery (the numbers are hard to pin down, just recently another couple of billion was thrown in the pot).
Let's pick the lower number, 33%. So the greedy investors that thought they had a golden goose lost two-thirds of their money. The ones that knew it was a scam lost all their money, since the trustee took it from them, or is trying to.
Two thirds losses? That's not that bad. I've had stocks that completely cratered and I lost 90% of my money.
Hence the subject title: Madoff's Ponzi scheme was "not that bad" actually. Kind of like bitcoin: if you bought at the peak, and sold today, you'd also have a loss but it's not that bad.
Agree?
PS--I'm not talking about the widow who lost all her money and had a heart attack, etc, if such person exists. I'm talking about the average rich person or organization that got greedy and did not do their due diligence.
Madoff was a genius! The US Government liked his plans so much they patterned the Social Security Administration after it!Madoff liked the Social Security plan so much, he model his enterprise after it! FTFY! |
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Yep, that's my brother. Always was doing shit to get attention. What a drama queen he was. I just received a PM from one of the main devs and they told me that Phinnaeus Gage was actually the one telling Andreas Antonopoulos what to say to the Canadien Senators through that white earbud Andreas had on at the hearing. They also said that Andreas has been Phinnaeus Gage's sock puppet for some time now.
Actually, Bruno told me it wasn't an earbud, but a vibrator attached to Andreas' inner thigh, set to silent mode and using Morse Code in Klingon. |
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 Captain Zippy LMAO! "I wanted to work for BFL, but they told me I was a liability. I argued that I'm a moderate progressivibility leaning toward conservativibility, but still no-go." |
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 "Mommy said that I shouldn't eat my boogers. Well, mommy's not here, am I'm hungry for something kosher."  "Lord, Jehovah. Tell me who I need to suck off so that I can earn other suit." |
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This is his brother. I'm not at home right now, but when I get there I'll link the thread to how my brother, Bruno, was probably murdered. I'm limited to what I'll be able to say, but suffice to say that the Illinois police department has narrow down who did it and he WAS an active forum member that had something to do with some magazine in South Korea I think. His name was Matt or Natt and he supposedly scammed a bunch of bitcoins over some bit with a pirate.
Later.
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Hi bro, why do you pretend like a hot chick?
Because hot chick is so WOW, and not hot chick is so NOT WOW. |
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Vod, how do you find all those things out? This one was easy. Just dragged the image into Google Image search. 20 results were returned - most Russian. Wow thanks dude! I just learned you can drag and drop an image into Google Images. Just click, drag into your other tab, which is open to Google Images, and viola! it works. Very nice. (your graphic image yields: "PETER GRIFFIN NIPPLE LICK" yuk!) With Chrome I can do such with two easy clicks:  |
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Haven't checked up on rentalstarter in a while
Wondering how it is going and if its just business as usual here.
Business as usual. Branny doesn't post here anymore due to the comments from NotLambchop and a few others. Check havelock for his updates. They sure the hell posted like shit prior to their ICO, but once they got it, it's fuck you all and the horse you came in on. Weird, how a couple loving Christians can't control a few buttheads with facts and love. It's bad enough that those who don't believe come here to fuck each other in the ass, we now have the Christian crowd moving in on their territory. Praise Jah! I revisited these assholes because the only three negs I have on my trust are from other assholes all stemming from HASH and RENT, and all three are no longer around. So fuck their whatever GOD they're using this week to fleece others using its name. |
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There's a very active user on this former that acts dumber than he really is.
Did something happen to his head involving a railroad spike? Because that was the CIA thing to do back then I hear... This thread makes my dimples hard. |
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 Okay, I give! In what country is it referred to as an eel? |
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So we come semi-full circle here. Wonder if Inaba wants to comment on this. Harh harh. Liquidbits is one of several companies that comprise Coinware. http://www.coinware.io/One of Coinware's other ventures is Nimbus mining. http://www.nimbusmining.com/Nimbus mining is BFL's cloud mining host. https://products.butterflylabs.com/nimbus-mining.htmlNimbus doesn't seem to have any other public customers. Oh, headache. So this guy Bachrach, who bought the huge HF order, has some major deal with BFL too. I wonder to what extent he represents his own (and coinware fellow execs) capital, and to what extent he's fronting for other investors. Would love to know the details of the BFL too. I'm pretty sure that the #ASKFTC would like to know more are this marriage-of-convenience especially since HashTrade, LiquidBits' sister company own by the same Greg (Gregory) Bachrach, lied about paying BF Labs Inc. a million dollar down payment via BitPay for Monarchs. I smell some major money laundering taking place here. |
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Link doesn't work, but here's the archive: http://web.archive.org/web/20140331025403/https://products.butterflylabs.com/homepage/nimbus-mining.htmlNimbusMining contracts are served by nimbusmining.com. Butterfly Labs (BF Labs Inc.) acts as the hardware supplier and the retail sales agent for this mining contract product. Contract activation and post sales support and service is provided by nimbusmining.com. NimbusMining hardware is provided from either off the shelf 65nm products or from NimbusMining's own 28nm hardware as it comes into service from it's own pre-ordered purchases of Monarch chip production. Fact: Nimbus Mining gets all their hardware form BFL. Fact: Nimbus Mining hashes with only 65nm products from BFL. Fact: Nimbus Mining DOES NOT YET hash with 28nm products from BFL. Fact: Nimbus Mining is part of CoinWare. Fact: HashTrade is one of http://www.coinware.io/companies.html 's companies. Fact: HashTrade ordered millions of dollars worth of BFL's Monarchs. Fact: Josh Zerlan, VP of BFL, rather reply to and read WFT articles on Reddit than address concerns expressed by his customers who afforded him to purchase a paid-in-full half million dollar home. Fact: I am a Drama Queen if you believe Josh, for that's what he refers to me as. Fact: I am taking a shit while penning this post. Fact: I jack off to MFC videos, preferring the girls to have small tits with tight pussies. Just before I'm about to cum, I yell out, "Jody! Jody! Jody!" Okay, maybe I made up part of this fact, but you guys have to guess which part. Funny, how BFL decided to take this page off their official site, now only available via TWM: http://web.archive.org/web/20140626111927/https://products.butterflylabs.com/homepage/nimbus-mining.htmlNimbusMining ordered millions of dollars worth of Monarchs, just like their sister company, HashTrade, did, and BFL was gung-ho in providing their number one purchaser kudos, yet later discontinued the practice. I wonder why. #ASKFTC |
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There's a very active user on this former that acts dumber than he really is.
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That horse is a paedophile! Shame on you Gleb!  I'm goin' go out on a limb and declare that the gal and horse are roughly the same age, hence the hugging depicted is acceptable. BTW, make that a white horse:   |
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i was also a BFL customer and I'm still fcking pissed. BFL shutdown does not do justice for me. I want Josh, Sonny, Jody, Nassier ...etc, go to jail and asset seized.
I say 2 outta 5 is a given. |
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do you like tomatoes in it??   Have you ever met a man that cheated on his tomato? |
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