an exchange no one has heard of has 500 million of the 3 billion dollar market cap
someone ban the troll / scamming OP for posting this shit
Op is lying
Yeah I already mentioned that he might trie to panic here! He is a typical bear! You just have to check his posts. Once again bull scammers tried to betray everyone by denying the truth. Be careful with any advices of these three people above. They are just trying to unload their bags @ higher prices, waiting for the next bigger fool to buy them out, just like dozens of other bull scammers on this board!  |
|
|
|
Count me in! Someone has to stop this ponzi madness! |
|
|
|
"Mycoin.hk", a bitcoin thing in Hong Kong, apparenly closed without warning and owners disappeared with all clients coins. Losses seem to be about 3 billion yuan, or 500 million USD -- on the same level as the MtGOX collapse. The nature of mycoin.hk's business was not clear. It apparently involved mining, and perhaps some Ponzi-like scheme. I could not tell whether it also worked as a live exchange. Article in Chinese: http://hk.apple.nextmedia.com/news/art/20150208/19034053Google translation: WASHINGTON virtual currency Bitcoin (Bitcoin) once touted, Hong Kong discovered bust incident involving three billion yuan. Legislative Councillor Leung Yiu-chung received nearly ten investors in Bitcoin for help, said the suspect was a bit currency trading scams and storage platform, the largest loss of over $ 10 million estimate amounted to 30 the number of people affected, involving an amount or up to three billion yuan, victims today collective police. […] EDIT: See also the reddit thread. One comment in there claims that the report is incorrect. If this turns out to be true then China or the PBOC will probably ban Bitcoin in China once and forever. With all the chinese money disappearing Bitcoin will probably crash to ~50$ according to financial bitcoin experts.   Shit like this if true, could also help dry up supply causing the price to skyrocket… Its supply and demand, not moral ethical happenings or lack there of that drive the price. Just like the 800k missing coins from MtGox helped the price skyrocketing...  |
|
|
|
That downward pressure is just the usual bears shorting. the fact that bulls are out of money and no one is buying.
FTFY |
|
|
|
It seems to be 3 billion hong kong dollars = 386 million US dollars = 1.7 million BTC. If these were already stolen and sold though (with just a recent closure) that could help account for all of this downward pressure we've been having.
Lol, yeah as if the market could absorb 1,7 million coins in a few days(or months) .... Have you seen the orderbooks? Anyways, most of the money that is gone was probably FIAT(CNY). |
|
|
|
|
btw; mycoin.hk is a combination of exchange, cloud mining, online wallet, games...
|
|
|
|
The market hasnt moved one bit in hours so im not buying it as important news, it probably happened but not that much of a big deal.
Well i guess for the victims it is kind of a big deal... |
|
|
|
It´s official. http://www.chinatimes.com/realtimenews/20150208002335-260410Google translate:: "Hong Kong, " Wen Wei Po" reported bitcoin (bitcoin) again to Hong Kong investors ' loss of hand bad feet " : Hong Kong, a Bitcoin payment platform has suddenly closed down , estimated at nearly 3000 Bitcoin investors may lose everything at any time . It is understood that when a group of Hong Kong investors in Bitcoin trading platform related office visits , found that have been left vacant , suspected of fraud and pyramid selling , the estimated total amount of all " victims ' losses at any time up to three billion Hong Kong dollars . Today they will collectively Police...." Thanks to Jorge for breaking the news. Wait until this hits the news worldwide on monday, which will probably trigger the crash to sub 100. We would go there anyways, but a good news story will probably add more momentum and preserves us from more failed pumps and boring sideways action before the crash. |
|
|
|
I hope this doesn't have something to do with FonziePonzie.
500 Mil USD being on that exchange is absurd
Yahoo is now reporting the same amount, just like the other website did. ここから本文です 損失460億円相当か＝香港のビットコイン取引所閉鎖 時事通信 2月8日(日)19時7分配信 【香港時事】インターネット上の仮想通貨「ビットコイン」を扱う香港の私設取引所「マイコイン」が顧客に連絡しないまま、閉鎖されたことが分かった。地元ラジオによると、顧客から相談を受けた立法会（議会）の梁耀忠議員は8日、記者会見し、香港の顧客は約3000人で、約30億香港ドル（約460億円）相当のビットコインが引き出せなくなったようだと説明した。 一部の香港メディアは「だまし取られた可能性がある」と報道。梁議員は「11日に顧客が警察に届け出る」と語った。取引所の責任者とは全く連絡が取れないという。 Google translate: "[...][Hong Kong affairs ]イnn center have NekoッSuites on There Fan think inflation " BldgッSuites Uイnn " wo Qi u Hong Kong There kangaroo take the lead as " microspheres were Uイnn " ga customer ni Contact Shinano I ma ma , blocking Connecticut re ta ko To ga points kaっta . Earth element ra jiオni yo ru To , customer kara talk wo by ke ta Legislative Council ( parliament ) There Leung Yiu-chung wa 8, the reporter met shi , Hong Kong There customer wa about 3,000 peopleで, about 3 billion Hong KongドHikaru ( approximately 46 billion yen ) fairly There BldgッSuites Uイnn ki ga lead out na na ku se yo uっta da ta shi To illustrate .[...]" Seen enough trolling over the years, and if its not on coindesk, i dont believe it.Sarcasm? BTW here is another one: http://hk.apple.nextmedia.com/news/art/20150208/19034053 |
|
|
|
I hope this doesn't have something to do with FonziePonzie.
500 Mil USD being on that exchange is absurd
Yahoo is now reporting the same amount, just like the other website did. ここから本文です 損失460億円相当か＝香港のビットコイン取引所閉鎖 時事通信 2月8日(日)19時7分配信 【香港時事】インターネット上の仮想通貨「ビットコイン」を扱う香港の私設取引所「マイコイン」が顧客に連絡しないまま、閉鎖されたことが分かった。地元ラジオによると、顧客から相談を受けた立法会（議会）の梁耀忠議員は8日、記者会見し、香港の顧客は約3000人で、約30億香港ドル（約460億円）相当のビットコインが引き出せなくなったようだと説明した。 一部の香港メディアは「だまし取られた可能性がある」と報道。梁議員は「11日に顧客が警察に届け出る」と語った。取引所の責任者とは全く連絡が取れないという。 Google translate: "[...][Hong Kong affairs ]イnn center have NekoッSuites on There Fan think inflation " BldgッSuites Uイnn " wo Qi u Hong Kong There kangaroo take the lead as " microspheres were Uイnn " ga customer ni Contact Shinano I ma ma , blocking Connecticut re ta ko To ga points kaっta . Earth element ra jiオni yo ru To , customer kara talk wo by ke ta Legislative Council ( parliament ) There Leung Yiu-chung wa 8, the reporter met shi , Hong Kong There customer wa about 3,000 peopleで, about 3 billion Hong KongドHikaru ( approximately 46 billion yen ) fairly There BldgッSuites Uイnn ki ga lead out na na ku se yo uっta da ta shi To illustrate .[...]" |
|
|
|
So you think by trying to discredit my person you will make the news that appeared on yahoo and many other places less real? argumentum ad hominem Don´t kill the mesenger.  |
|
|
|
How much does it cost to troll on the BTC-E trollbox?
10 bucks per hour!  |
|
|
|
The PBOC was real patient with Bitcoiners in the last months. But after this last event where honest chinese got scammed for millions by mycoin.hk i guess they won´t have any other chance than totally banning Bitcoin . I will send them an e-mail with my conerns about an eventually upcoming riot in the street by chinese people who got bitscammed, just to make sure that they are prepared. This madness has to stop. If you have knowledge about other events where chinamen got scammed by Bitcoin feel free to write them: webbox@pbc.gov.cnyeh the 30 victims of the imaginary scam gona riot  From a little spark bursts a mighty flame!  |
|
|
|
...
Moral of the story to not do business with a Hong Kong registred Bitcoin enterprice.
In the past several Hong Kong exchanges have run away with costomer funds (GBL, 796, mycoin, ANX.....), basicaly anyone dealing with a hong kong registered exchange deserves to get goxed
You're right, I feel much safer trading on exchanges like BTC-e, registered in Bulgaria not registered anywhere. Not knowing the names of the principals also placates some of my concerns, because anonymity is paramount! BTC-e is european union registred (cyprus)  I also heard Russia (their Russian is fluent), Ukraine & just about everywhere else. Do you happen to know names of the players involved? You know, like founder, CEO, CTO? The owners are russian citizen, (not nationals) the exchange is registred in Cyprus and England and the servers sit in Bulgaria. Yes the names are known. "Its founders and owners are supposedly called Aleksey and Alexander, which could be pseudonymous...." http://invezz.com/analysis/forex/147-btc-e-anonymity-reigns-at-worlds-second-largest-bitcoin-exchange |
|
|
|
The PBOC was real patient with Bitcoiners in the last months. But after this last event where honest chinese got scammed for millions by mycoin.hk i guess they won´t have any other chance than totally banning Bitcoin . I will send them an e-mail with my conerns about an eventually upcoming riot in the street by chinese people who got bitscammed, just to make sure that they are prepared. This madness has to stop. If you have knowledge about other events where chinamen got scammed by Bitcoin feel free to write them: webbox@pbc.gov.cn |
|
|
|
|
Sitarow,
hey i would like to tell you that nobody cares for your stupid graphs. STOP IT AND GET THE FUCK OFF!
THANKS AND BEST WISHES
FONZIE
|
|
|
|
everyone... i do not believe this is going sub-200 again. every time it drops there is a huge battle.
lawl. Very battle on such declining volume, so impressive. your bears are weaksauce .  |
|
|
|
|
Show Posts
