Mt Gox is subject to ever tightening anti-money laundering (AML) know your customer (KYC) laws (thank you 911/george bush/us partriot act) and regulation. The sole reason mt Gox operates in Japan is because France ruled against them in a court decision by determining that they were a money service business which would require them to be subject even more regulation and more importantly prohibitively higher costs. I don't read French so maybe someone can correct any misinterpretation.
The bottom line is that bitcoin is a decentralized, peer-to-peer,digital store of value/medium of exchange / payment and settlement scheme that requires absoluty no bank/central bank/or government to operate.
EXCEPT when it comes to moving fiat into and out of the system. This is one of the largest friction points and government and regulators are aware of that. So any effort to regulate or control starts here.
And Mt Gox is the largest bitcoin exchange moving millions monthly in fiat and coin so while I know no one at Mt Gox nor do I have any knowelege if their inner workings, compared to fly by night companies like mybitcoin, bitconica, BTCS&T, GLBSE and others I would guess it is a hurculean task to provide their service.
Your friend just needs to find ways with less friction in the future. There are threads here an on OTC for off-exchange transfers into and out of the system.
You have to understand the bitcoin is not any thing like the banking system we all know and that is the mistake new comers make when they run into this friction.
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That's the whole point. Please lock this thread.
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Get the fuck off this board with your scams. This it not the place for this.
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Can we just lot Mr. Bugattis' thread now.
This is ridiculous.
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can we just get this guy the scammer tag now
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quote author=TimeFlies link=topic=124420.msg1336666#msg1336666 date=1352991117] The only question I have: Is this a pyramid scheme (i.e. will at least the first "investors" get money) or do you just take the money and run?
Actually no. I have a method to double what ever money I get. So, if you invest some BTC, then i can easily provide a 5-10% return with little to no cost to me. [/quote] This is how it always starts. Some mysterious "method" that they really can't explain but will somehow mysteriously make you lot and lots of money. I think the term for that is self deception. http://en.wikipedia.org/wiki/Self-deception
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Thank you, BCB +1
+1 rhino56 Thanks
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I'm long.
Tangible Cryptology can't seem to keep coin in stock. You could probably do the math based on his thread updates. If I had to guess he's easily moving up to 10K BTC/week by now.
Other signals here on the boards and IRC that indicate a lot of large private buying is going on.
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my experience here is that mods will gladly apply the scammer tag when it is clear one user defrauded another.
It's not so clear cut when you make a bad investment choices.
That's your problem.
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No trouble at all for me.
There are evidently a lot of people who don't like this guy and don't mind saying so anonymously. Problem is no one wants to stick their neck out.
A lot of people are afraid of Trendon Shavers.
We saw as he manipulated hundreds of member of this forum.
We saw these form member begged for his attention and and opportunity to give him their precious bitcoin and then cower in fear and anticipation (of non-payment) over his admonitions.
There were hundreds of pages of Trendon Shavers dox on these boards and when Trendon Shavors made threats most of them disappeared.
People cowered in fear.
I can't fill out these form. The people who have the first hand knowledge need to fill out these forms.
Who has the address of the Driveway they are sitting in? Who knows the make and model of these vehicles?
These people are reading these threads. They tell me so.
Hopefully some of them will come forward and take some action.
I'm just providing information.
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Someone in his home town reported that he bought his "wife" and a few of his family members brand new vehicles recently and evidently paid cash for them
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he could be incarcerated or recovering from a drug binge. Give him some time.
Last Active: Today at 04:26:07 PM He doesn't seem to deserve that much credit... So he's watching this thread..... Just pay back or send code you scammer.
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