I´m feeling with you. I gave up my hope for BTC weeks ago.  |
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fonzie, oh yeah that guy who was proudly bullish a while ago and saying how he even got his friends to invest $50k into bitcoin when the prices were much higher. Did you act like a beartard when telling your friends to invest $50k Fonzie?
And now you keep posting about a FIAT ponzi over and over trying to make out like it was actually something to do with Bitcoin when the reality is that they just used Bitcoin as a cover for their lies.
maybe hard for you to understand but here's the simple truth.
FIAT went in >>>> FIAT got stolen
can't really make it any simpler for you to understand.
But obviously truth and facts wont get in the way of the endless desperate bear fud
carry on.
It seems like the Hongkong central bank also thinks that it has something to do with Bitcoin I just posted the news, as i told 2 days ago that the PBOC or the government will probably tighten regulations. I don´t see any FUD or lies here, just a lot of angry bulltards in denial. http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=2Edit: Maybe the mails that i sent to the PBOC with my concerns about chinese exchanges helped? |
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so? someone offered to generate money by magically spinning your funds around and it turned out to be a... omg... a scam? goddamn jesus, what world do we live in!
again, so what?
Tighter regulations(total bans) for bitcoin exchanges in China(Hongkong) most likely to be established soon. Byebye Bitfinex, Huobi and whatelse. Remind us which exchange you shorted from Fonzie?  I already answered inca that question a few days ago, i´ll simply repost it :-)
How's the short going?
I stopped trading Bitcoin due to the possibility that the blockchain could collapse if the price falls below 50$, which would probably be the price where all miners shut down. Most of the fractional reserves exchanges will also run away with the little money that´s left, when the bankrun starts after the upcoming crash. I expect Bitfinex to collapse completly@ around 100$, as most of their buy orders are generated with BTC as collateral which will in end a death spiral if we go low enough. Inca please have a heart and stop luring more people into the BTC scam. BTC already produced countless broken souls. Stop telling them lies about upcoming bull markets and >500$ coins. You already took away enough money from the newbies. Don´t be greedy! Thanks in advance! Best wishes and greetings Your friend fonzie |
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Hong Kong central bank, not Hong Kong though.
That is the title of the article. You are right. It's a pity that for mainstream media, central banks and a country are the same and only. :/ Oh no a central bank gives out a warning lol They always have our best interests at heart don't they, creating money from nothing causing our hard working paper to lose value. This to me is a signal of hope and that they are starting to be fearful  Edit: No, honestly, after that warning most likely a ban for the local exchanges will follow. That´s the way how they deal with it in China. An official warning is almost the same as a ban. If the exchanges don´t shutdown out of free will, they will be forced to do so in the next weeks. You think that there will be a massive sell-off? I have no idea, but i would guess it will start slowly and cascade more violently within the next 2-3 days. |
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TAKE THAT BULLTARD SCAMMERS! All my presumptions are becoming true! http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=2"HONG KONG — Hong Kong’s central bank has warned against investing in virtual currencies, amid local media reports that a Bitcoin exchange may have run off with $387 million in client funds in what could be the biggest Bitcoin scandal after last year’s bankruptcy at the Mt. Gox exchange, based in Tokyo. The South China Morning Post reported on Monday that clients of the MyCoin exchange, based in Hong Kong, had approached a local lawmaker, saying the company had absconded with their money. An assistant for Legislative Council member Leung Yiu-chung said that Mr. Leung had received more than 15 complaints from MyCoin clients regarding the allegations and that these would be passed on to the police on Wednesday. The Hong Kong Monetary Authority said in a statement late Monday that the case “may involve fraud or pyramid schemes,” adding: “Given the highly speculative nature of Bitcoin, we have all along urged the public to exercise extra caution when considering making transactions or investments with Bitcoin.” Calls to MyCoin in Hong Kong could not be connected. Calls to the company’s China customer service line were not answered. Bitcoins are created through a “mining” process in which a computer’s resources are used to perform millions of calculations. Advocates say the virtual currency is revolutionary because it is not controlled by a central bank and has potential as an alternative means of online payment. But the rise of Bitcoin, which is unregulated in many places, including Hong Kong, has stoked concerns that it can be used to launder money and finance extremist groups. Mt. Gox, once the world’s largest Bitcoin exchange, filed for bankruptcy a year ago after it claimed to have lost about $500 million worth of customer Bitcoins in a hacking attack. On its website, MyCoin says it is a “leading global Bitcoin trading platform and application service provider,” with a research and development team based in China. MyCoin promised clients a return of one million Hong Kong dollars, or $128,976, over a four-month period based on a 400,000-dollar investment that would produce 90 bitcoins on maturity, the South China Morning Post reported. The report added that MyCoin claimed to have 3,000 customers, each investing an average of one million dollars. The price of a Bitcoin has slumped from a late-2013 high of more than $1,000 to about $220, according to CoinDesk’s price index." Tighter regulations(total bans) for bitcoin exchanges in China(Hongkong) will most likely be established pretty soon. Byebye Bitfinex, Huobi and whatelse. |
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so? someone offered to generate money by magically spinning your funds around and it turned out to be a... omg... a scam? goddamn jesus, what world do we live in!
again, so what?
Tighter regulations(total bans) for bitcoin exchanges in China(Hongkong) most likely to be established soon. Byebye Bitfinex, Huobi and whatelse. Hopefully then you will **** off to another forum So much hate in here |
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Hong Kong central bank, not Hong Kong though.
That is the title of the article. You are right. It's a pity that for mainstream media, central banks and a country are the same and only. :/ Oh no a central bank gives out a warning lol They always have our best interests at heart don't they, creating money from nothing causing our hard working paper to lose value. This to me is a signal of hope and that they are starting to be fearful Sure man, send all your funds to Hongkong(Bitfdinex or OKCoin) , and go max leverage long, this is a one in a lifetime chance. Smart Bitcoiners know to "be greedy when others, blablabla" Edit: No, honestly, after that warning most likely a ban for the local exchanges will follow. That´s the way how they deal with it in China. An official warning is almost the same as a ban. If the exchanges don´t shutdown out of free will, they will be forced to do so in the next weeks. |
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so? someone offered to generate money by magically spinning your funds around and it turned out to be a... omg... a scam? goddamn jesus, what world do we live in!
again, so what?
Tighter regulations(total bans) for bitcoin exchanges in China(Hongkong) most likely to be established soon. Byebye Bitfinex, Huobi and whatelse. |
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Fonzie can you change the title of thread? mycoin wasn't originally an exchange but a ponzi scheme. Thanks.
Ok, if you think it fits better, no problem  |
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Hey razorramon, a little bit more FUD aka FACTS U DISLIKE for you! I tried to tell ya all about this 2 days ago, sadly most of you were in complete denial http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=2HONG KONG — Hong Kong’s central bank has warned against investing in virtual currencies, amid local media reports that a Bitcoin exchange may have run off with $387 million in client funds in what could be the biggest Bitcoin scandal after last year’s bankruptcy at the Mt. Gox exchange, based in Tokyo. The South China Morning Post reported on Monday that clients of the MyCoin exchange, based in Hong Kong, had approached a local lawmaker, saying the company had absconded with their money. An assistant for Legislative Council member Leung Yiu-chung said that Mr. Leung had received more than 15 complaints from MyCoin clients regarding the allegations and that these would be passed on to the police on Wednesday. The Hong Kong Monetary Authority said in a statement late Monday that the case “may involve fraud or pyramid schemes,” adding: “Given the highly speculative nature of Bitcoin, we have all along urged the public to exercise extra caution when considering making transactions or investments with Bitcoin.” Calls to MyCoin in Hong Kong could not be connected. Calls to the company’s China customer service line were not answered. |
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TAKE THAT BULLTARD SCAMMERS! All my presumptions are becoming true! http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=2"HONG KONG — Hong Kong’s central bank has warned against investing in virtual currencies, amid local media reports that a Bitcoin exchange may have run off with $387 million in client funds in what could be the biggest Bitcoin scandal after last year’s bankruptcy at the Mt. Gox exchange, based in Tokyo. The South China Morning Post reported on Monday that clients of the MyCoin exchange, based in Hong Kong, had approached a local lawmaker, saying the company had absconded with their money. An assistant for Legislative Council member Leung Yiu-chung said that Mr. Leung had received more than 15 complaints from MyCoin clients regarding the allegations and that these would be passed on to the police on Wednesday. The Hong Kong Monetary Authority said in a statement late Monday that the case “may involve fraud or pyramid schemes,” adding: “Given the highly speculative nature of Bitcoin, we have all along urged the public to exercise extra caution when considering making transactions or investments with Bitcoin.” Calls to MyCoin in Hong Kong could not be connected. Calls to the company’s China customer service line were not answered. Bitcoins are created through a “mining” process in which a computer’s resources are used to perform millions of calculations. Advocates say the virtual currency is revolutionary because it is not controlled by a central bank and has potential as an alternative means of online payment. But the rise of Bitcoin, which is unregulated in many places, including Hong Kong, has stoked concerns that it can be used to launder money and finance extremist groups. Mt. Gox, once the world’s largest Bitcoin exchange, filed for bankruptcy a year ago after it claimed to have lost about $500 million worth of customer Bitcoins in a hacking attack. On its website, MyCoin says it is a “leading global Bitcoin trading platform and application service provider,” with a research and development team based in China. MyCoin promised clients a return of one million Hong Kong dollars, or $128,976, over a four-month period based on a 400,000-dollar investment that would produce 90 bitcoins on maturity, the South China Morning Post reported. The report added that MyCoin claimed to have 3,000 customers, each investing an average of one million dollars. The price of a Bitcoin has slumped from a late-2013 high of more than $1,000 to about $220, according to CoinDesk’s price index." |
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"fairly baffling and somewhat aggravating. "
That about sums up the current situation. A price of $200 per coin makes no logical sense given everything we know. I know what you mean, no one in his right mind would pay 200+$ for a Bitcoin, this is absurd. But don´t worry we will soon get back to normal prices in the lower double digits range. |
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Total time logged in: 100 days, 13 hours and 12 minutes.
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My guess: When Bitcoin falls below 100$ they will blame it on the "FUDsters" and "trolls".  |
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DON´T. Probably i do. Always need ammo to dump on the retards pumps 
Tell me you did shirt at 152 ? And regret it now ? Bottom is never a good time to short.
i did 'shirt' on 290$ and haven't bought back since and you are butthurt cuz you haven 'shirted' -------- Project all your asspain on me you broken bulltards, i enjoy it. lol |
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until now.. it seems who the news do not affect the bitcoin price!!!! hope the bitcoin price trend do not fall !!! because all of mycoin is fake! the volume is a lie, company is a lie, and even the office is also a lie! But still the victims and the missing money are real. and so are that bad media news in China about Bitcoin. |
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Taking a short position now isnt the smartest decision.
you said the same shit when it was at 600$ ---- yes, it's always time to short i just dumped my LTC in grace ... i'll buy back for 50 cents (maybe, if i'm still interested later) DON´T. |
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and why do you sound much more desperate than me? i have no problem with price going down...then i'll buy more but it looks like you have a real problem with price going up...did you short below 200?  Keep averaging down (aka adding to a losing position). |
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looks like bears are too afraid to take new loans
Good Sure that´s bullish, now that average holders and bulls are selling. Shorts at least have to buy back. God you bulls are desperate. Your logic: Shorts up = bullish Shorts down = bullish Shorts stay the same = bullish However price continues to go down?  |
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