I doubt that too many people read this thread at all but i made errors in this too already.

Looks like this forum lawyer isnt in the forum anymore at all. No reaction to pm nor email. I wanted to ask him if he thinks he can get more information in case there is a gag order. Or if there is a gag order at all.

You think eASIC can be 10 times more expensive than competition? And you think a competition that costs 10% is anything near the quality work of eASIC? I know personally from calling companies who sell ASIC developing software for 28nm ASIC that this software costs a fortune. I was checking out the prices and investments needed for creating a own ASIC that time. Even when you rent the software only its very expensive. Its not going to happen that you find a company that is 10% or at least 20% of the eASIC price. If you do its most probably a scam. Or why do you think ken would have gone through the hassle to collect 10 times more bitcoins to be able to use eASIC then?

If eASIC couldnt create a full custom from the start it was a big misjugdement of ken to chose them. And theres the next point... you know that normal asics have one or two layers with standard routines included? Those can be used by the remaining layers to run the calculations. When you take them away you have to build even more logic than you would have with normal ASIC's. You cant await that it gets cheaper that way. At least i dont see that a company offering that is legit since other companies would use them then too and because of the demand they would raise their price. Its not like ASIC-Developers are sitting around workless.

I think buyers should calculate themself if its worth to buy miners. A link to a proper calculator might be helpful for noobs though.
At the end... only because Asicminer was the first in the market, and started with the target to do what they did, means that they destroyed mining? It was simply inevitable. It doesnt matter who did it. It would have happened anyway.

Can you show a website or something that proofs this?


5000+? It would be unlikely that those were the funds of one private person only because it was practically the who weexchange wallet. But i dont see where you got the 5k from.

Hm... i know him from the time when he had a good responiveness... i wonder what he does now...

Recover most sounds to me like Ken plans to make this loss back from future profits. Might be im damaged of Ken's past use of rhethorics so that i read the worst in it.

So you think he means that eASIC is paying the costs back? I wonder why they should. And "most" is a very flexible term which in the worst case might mean nearly half of the funds are lost.

Oh well... maybe im really too cautious... but then... its Ken... oh... its a rhyme... must have something...  

Am i understand that correctly that you already paid 1 million USD for 28nm to eASIC and now this goes to waste because you want to use a different engineering company?
If so what is so important that its worth that price?

Ooch... da gibts schon Mitarbeiterinnen mit denen willst du dich definitiv abgeben...

It would help when ukyo would explain what progress he makes all around.

I often gets escrows from people that write me they tried JohnK but he didnt respond for days. Im not sure if he isnt doing it anymore but it looks he dont have much time anymore/has other priorities. Maybe its better to first ask him before removing him since he is a really old and trusted escrow.

In Zypern will NEOBEE ja auch eine Bank gründen. Soweit ich gelesen habe dürfte das Unternehmen dann auch so ziemlich das stärkste Zyperns sein... Kleines Land halt. Mal sehen wie das dort läuft. Dann könnte man gleich von deren Fehlern lernen.

Falls das hier mal konkret wird könnte ich mir auch vorstellen zu investieren.

Right... i mixed that.

Right... scammer should learn that Bitcoin isnt the wild west. Im supporting the lawsuit and investigation against the labcoin scammers too.
Unfortunately such investigations lead to news of the dangerous bitcoins. But better this then letting the scamming going on without fighting them.

Such centralized management would mean bitcoin could be attacked and closed down easily. And the chargeback could be used by scammers again, like its done with paypal. I would never sell bitcoins for paypal because the chargeback feature would let you with nothing at the end.
So no, i never want to see Bitcoins becoming a Paypal...
Like Ahmed wrote... everyone here probable made errors already, including me, but there are ways to protect yourself.

Right... you only want revenge. You gave up hope already and youre convinced its a scam. Fine then sue. But most of the shareholders i know think this isnt a scam since eAsic is involved for sure. Only Ken screwed things a lot. That means we wont make riches anymore.

If this would be a scam you think it would matter if you sue him now or in 3 months? Explain why that would be. If i would be a scammer i would be gone with the bitcoins shortly after collecting them. I would have waited until i washed them and i would have made sure you cant catch me. So your sueing would be pointless. So when you sue him now you take advantage of the point that Ken is a real person and he most probably tried a real thing. Sorry... your behaviour doesnt make sense. I think youre so furious that you cant think calmly and beat around you in the hope things get better. Though that never helps.
I really would appreciate if people would be a little bit more levelheaded. You cant sue in months the same way like now. Ken wont run away... and when he really wanted to scam you can be sure that he already would be gone when you check this and try to sue him. Sorry... your argument makes no sense.

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The answer i gave above accounts for you too. Please be a little bit more levelheaded. Your fear of losing your bitcoins shouldnt lead to exactly that result. Crashing VMC with sueing VMC exactly would have this result. And THEN you would get pennies on your dollars. Or do you think Ken will somehow, after VMC is liquidated, be able to create back your bitcoins?

I really dont know what you guys think where youre bitcoins should come from. But i guess you dont even think about that. You are so furious that you want to do something and dont realize that this is the worse option.

Sueing ken doesnt run away. If he cant deliver in some months youre still able to sue him.

He was part of the advisory board at some time. Ken didnt hear what the members wanted anymore so the board was crashed. But it seems ffssixtynine still knows some people to have a bit more info.

Right. And how smart is it to inform the authorities now? You wrote to demand back all the invested money. That wont happen like you wrote already now. So whats the best move?

Again... it isnt to kill VMC now because most of the money is gone and invested already. It is not selling all shares becaus there arent enough buyers. So the only sane solution would be to hope that Ken will at least earn back most of the coins.
So all your suggested legal attack at this point is not the best solution from an investors view. Might be it will solve your revenge wishes but your wallet wont be happy... if youre an investor at all.

Though i think i wrote that often enough already...

Im not sure why drof69 asked me to wait for his payment. I only can guess that someone tried to scam and claimed i will do escrow. Edit: Probably drof69 took my username on mistake. Though the following warning is still valid...

Guys... please ALWAYS use an escrow and NEVER send bitcoins to a bitcoin address you didnt get directly from the escrow. A quote can be faked by a scammer easily. So ALWAYS ask the escrow to send the address directly. An escrow will NEVER let a seller send an escrow address in a quote only. He will send the escrow address directly to the seller and the buyer. Only then all involved parties can be sure that everything runs correct.

Now youre right again. You need a big portion of luck to make a profit with these kind of investments. And it doesnt look for me like that will be the case anymore. But its delusional to first invest in such a game and then to await that big papa government can make everything ok again by somehow making ken give all invested coins back. That wont ever happen. If at all one could await back a fraction of his investment. Ken most probably will never be able to create the amount of bitcoins to pay everything back on his own. So "demanding" sounds childish somehow. Like you only have to demand it with a strong voice and all bad things go away.

Sorry... you cant be realistic in judging this venture more as a gambling than an investment and at the same time dream that it somehow would be possible that ken can give back all coins now.

Why should doog put his bitcoins in now? Maybe those are bulls only. You know... nakowa winning draws players... investors winning draws investors...