Bitcoin Forum
June 24, 2024, 12:28:46 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Scam Accusations / Re: Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography on: December 21, 2015, 12:39:26 PM
typically 50% or so of small bushiness fail.. look it up
When businesses 'fail' and 'stop communicating' (AKA KTHXBAI)? There's a name for that.
Small businesses are not funded via public offerings, because laws. Largely due to shit like this.

Quote
[...] and I do kiss investments goodbye, just so you know.
Smart, when 'investing' in bitcoin 'business.'


2  Economy / Scam Accusations / Re: Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography on: December 20, 2015, 02:26:33 PM
$600k? Did he promise you a formula to turn mud into gold or something? Hindsight is not going to help now but greed of the investors played a big part. Either you are incredibly wealthy and hundreds of thousands of dollars is a drop in the bucket or you gambled a huge sum on a roll of the dice. This doesn't absolve Gerald of all the guilt but why, after other high level members have pulled similar scale scams, does anyone trust a stranger over the internet? I understand you feel company shares were a tangible asset, but a phenomenal amount of companies go under each year so it really means very little.

I don't want to rub salt in the wound, just don't understand how he duped such huge sums from a few people. 16,000 posts? That's just bits in a database.

There's no evidence he was "guilty" of anything except poor communication.

His company failed to make a profit and was dissolved.  End of story unless there's something I'm missing here.

Technically, each and every "business" is not '"guilty" of anything except poor communication.' Ukyo, Cryptocyprus, TradeFortress...
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!