This was funnier.

They've openly stated their intention to eventually become licensed as a money service business in the US.  Given the cost of that process, if they have the architecture it would be silly if them not to diversify into other financial services and create additional revenue streams.

For those who missed the Cosbyfication of Bitcoin Watchdog Wiki.

What a pity they quoted Donald on security without mentioning that Bitcoinica suffered security breaches on his watch.

/r/MensRights must be very proud of you.

The fucking irony.  You're the poster child for being unable to tolerate people having their own perspective - you label them "threats" to Bitcoin.

An Encyclopedia Dramatica entry would be more appropriate for Atlas.

It's not quite as bad as reddit...yet.

As you said yourself, this is a misogynistic community (hell, we even had one member just yesterday claiming that he knew a fraudster was a scam artist because the were "too literate" to be a woman).  There's a disincentive to identifying yourself as a woman in this community and I don't see that changing any time soon.  I think it's also important to realise that this forum is not Bitcoin.  It's just one place where Bitcoin users gather, and there are any number of reasons why people might avoid participating here, from the lack of moderation to the proliferation of scams to the sexism.

Personally, I wouldn't use this forum to promote Bitcoin itself or Bitcoin services to other women.  Between the "tits or GTFO" attitude that posters who reveal themselves as women often encounter here and the sheer number of scams which are promoted on this forum, I feel like I'd be doing both them and Bitcoin a disservice.

Meh, it's no different than all the usagi threads or all the threads about Bitcoin Foundation.  You can skip over them if you have no interest in the topic.  The major downside is that if you are interested in the topic you have to sift through multiple threads across multiple sub-forums to find any useful information because it's not confined in one or two obvious places.

It's unlikely he'd have any advance notice of a seizure.  Receivership's a possibility if GPUMax has secured creditors, although why not immediately rather than in 5 days?  Or he could just be shutting up shop and claiming there are new owners to fuck with people's heads.  As with everything else pirate-related, people can do little but wait and see what plays out.

Not necessarily.  My understanding is that LLC members are the equivalent of shareholders - which means that in addition to being able to sell their interest under the terms of the LLC, they may be able to give them away or swap them.  It's not exactly the same thing, but remember that the Intersango guys got their interest in by swapping 250 Intersango shares for a combined interest of 25% in Bitcoinica LP.  While pirate definitely seems like the type to take money wherever it can be found, the possibility exists that the "new owners" didn't buy GPUMax with cash.

Things seem to be happening on the GPUMax front - what that means for users is anyone's guess.

http://www.reddit.com/r/Bitcoin/comments/10u4wz/pirateat40_states_that_gpumax_is_going_down_on/

https://bitcointalk.org/index.php?topic=55819.msg1238783#msg1238783

We don't even know for sure that pirate has a Mt Gox account containing any significant amount of coins.  He'd be foolish if he does, precisely because of the potential for it to be frozen either by regulators or by a court.  But no, Gox shouldn't freeze accounts unless the activity on those accounts is breaching AML/CTF regulations, the accounts have been subject to unauthorised use or a legal demand is made for the freezing of the accounts.

Yes there's a formal process.  The liquidator isn't the liquidator until either a special resolution is signed by the partners or the company is out into liquidation by the NZ High Court.  Once that happens, the liquidator will contact all listed creditors and also publish a notice regarding the liquidation.  The claim form is very simple and some liquidators allow it to be lodged online. You generally have about 4 weeks to lodge your claim after that happens but the claims aren't formally verified until just before the liquidator is ready to make a distribution.  You'll receive periodic reports from the liquidator between the time when the company first goes into liquidation and the liquidation being finalised.

I have no doubt that once the liquidator is appointed, Tihan will make a post here advising people that the liquidation process is formally under way and giving the appropriate contact deals.  There is no point in contacting the liquidator prior to that as he will have no legal authority to deal with matters relating to Bitcoinica until formally appointed.

For those who don't follow the mining forums.



Screenshot from reddit

https://i.imgur.com/yJV70.png

This was a thing in the US a few years back.  Japan's a bit late to the game.

There are even organisations which teach you how to "facilitate" cuddle parties.

http://www.cuddleparty.com/

http://en.wikipedia.org/wiki/Cuddle_party

If you're in Australia, then I know that SpendBitcoins has reached the point where Jeremy can't really run it as a one-man show any more and an injection of capital might be just what the business needs to help it grow at a controlled rate.  He's streets ahead of overseas operations because he's set up ways of people using Bitcoins for their day to day purchases and living expenses (yay BPay).  His reputation is extremely sound here on the forum - I think I've only ever read one or two complaints about his service in the whole time it's been operating.

How are people going to prove to the collection agency that pirate owes them money?   Unless a collection agency can provide proof of the debt, they can be fined every time they contact the debtor.  Even if they can provide such proof, they can still be fined if they are told to contact the debtor in writing only and they continue contacting the debtor or others by other methods.  Collection agencies generally want debts they can easily take to court if the debtor doesn't pay. 

You're setting the bar for literacy pretty damned low if you consider Jackie "too literate".  Not to mention being a misogynistic asshole by implying that women are less literate than men.