Ya but I'm not amused  I disregarded the warnings and then it was too Late. Ripple pretty much doubled since they went off line. At Least the wallet balance hasn't moved. i agree, it is not amusing that people are financially and emotionally impacted by this. warnings can be difficult to follow when so much trust is built up through regulation of accounts as it was done at cryptsy this is where the true deception worked, cryptsy informing customers that the United States Government was monitoring and regulating these emerging financial institutions, in particular in a time of terrorism and the money laundering associated with that, it was easy to believe take some comfort in the fact all investments are risky the GFC for one and other numerous scams in supposedly legal markets have caused the same impact on everyday people does happen everywhere, and is still continuing in supposedly regulated legal markets |
|
|
|
looks like investigations are underway https://99bitcoins.com/federal-investigations-of-cryptsy-underway/
The documents from FinCen contain several screenshots of Cryptsy staff members on a popular bitcoin-related forum making claims about the validity of licenses, which were then verified by the agency on six separate occasions. Cryptsy later denied the posts publicly, but the various social media posts within the document attachments were certified as authentic by various federal computer forensics teams.
One organization began working with information from the Department of Homeland Security, and initiated an investigation of bank transfers to several banking institutions via sealed subpoenas. The records allege that the company platform was used in money transfers to accounts linked with suspected terrorists. The document further alleges that Cryptsy had been used as a means of money laundering for some time, and that the company was aware of this activity and allowed it to continue.
linked with suspected terrorists they will hunt them till the end of days if this true That is old news from October 4th  just providing a link as coinfire updated the article from October By Coin Fire on October 4, 2015 - Updated on January 12th, 2016 not sure if the article is relevant but here it is for everyone's amusement |
|
|
|
looks like investigations are underway https://99bitcoins.com/federal-investigations-of-cryptsy-underway/
The documents from FinCen contain several screenshots of Cryptsy staff members on a popular bitcoin-related forum making claims about the validity of licenses, which were then verified by the agency on six separate occasions. Cryptsy later denied the posts publicly, but the various social media posts within the document attachments were certified as authentic by various federal computer forensics teams.
One organization began working with information from the Department of Homeland Security, and initiated an investigation of bank transfers to several banking institutions via sealed subpoenas. The records allege that the company platform was used in money transfers to accounts linked with suspected terrorists. The document further alleges that Cryptsy had been used as a means of money laundering for some time, and that the company was aware of this activity and allowed it to continue.
linked with suspected terrorists they will hunt them till the end of days if this true |
|
|
|
Yet Another Gox. A centralized database. tried and tested for seven years, a hackers nightmare, there can be only one (channeling Highlander, yeah!) of course multiple currencies can exist, choose your weapon "BATTLE OF THE BLOCKCHAINS" |
|
|
|
huge consortium using the ethereum programming http://www.ibtimes.co.uk/r3-connects-11-banks-distributed-ledger-using-ethereum-microsoft-azure-1539044some other financial institutions are using the legacy open source linux hyperledger ASX is testing this at the moment sounds like Visa'a developing their own blockchain adding to the list Interesting to know if they have developed this themsleves or using an outside developer MTX and omni channel API's its happening "BATTLE OF THE BLOCKCHAINS" wooo hooo there is only one true decentralized virtual currency BTC |
|
|
|
And it gets worse for Paul Stan Higgins | Published on February 4, 2016 at 17:40 GMT http://www.coindesk.com/digital-currency-exchange-cryptsy-ceos-wife-asset-documents/One of the comments from the article Captain 21 hours ago
Embezzlement is a capital crime in China. They execute people for embezzlement there. I know of some Chinese nationals that have already filed complaints with Chinese authorities. With luck they get him and he gets what he deserves.
The list of capital crimes includes counter-revolutionary crimes, such as organizing an "armed mass rebellion"; endangerment of the public security, such as committing arson; and crimes against the person, such as the rape of a person under the age of 14. During the 1980s, "economic crimes" such as bribery, drug-trafficking, and embezzlement were added to the legal code.
Lethal injection is more commonly used for "economic crimes", such as corruption, while firing squads are used for more common crimes like murder.
|
|
|
|
You removed the article because Horus e-mailed and asked you to?  Top notch journalism. We gave them the benefit of the doubt. I thought since they seemed to care about their reputation by serving me this letter that there was actually a smear campaign going on here. I was obviously wrong as they wanted to protect their reputation for alternate reasons. What I mean is that flip-flopping like this reflects poorly on your judgement. Either the article was factual and you should have told Cryptsy to fuck off (or politely ask them to provide a statement for the article), or the article wasn't done properly to begin with if a semi-anonymous e-mail was enough to make you remove it. Did John McWhathisname state his job title anywhere in the e-mail? The doc you posted doesn't seem to show that. Defamation is not easy to prove unless you knowingly post false and damaging information. The reason these types of crooks send C&Ds is because they know they can't prove shit so they get a letter template off some "free legal advice" website and go fishing. Interesting! Since John MacPherson has positioned himself as a key player of Cryptsy et al. causing an article to be removed due to a C&D, then the genius Horus HAS opened himself up for lawsuits from those who've lost millions. Well played, John MacPherson aka Horus. watching a smear campaign against you unfold in front of your eyes Members login details on bitcointalk Name: Horus_Cryptsy Last Active: 05-02-2016, 16:23:22 I would be in a nightmare if it was me, is it true Horus, please help |
|
|
|
I'm generally ok with the speed of payment. I truly take issue with some properties of the Fiat money, though. Especially with the fact that banks can lend it into existence out of thin air. I can see why someone from a bank would downplay the fact that I am probably not alone.
I don't think of it so much as that they can create it out of thin air. Rather, the deposits you hold at a bank are not real money, but a mix of loans, stock investments etc., with a small bit of cash reserves so they can pay out the few people who want some cash at any given time. True. The smallest fraction of money is in the form of cash of course (the only form of legal tender in germany, for example). Banks are engaging in fractional reserve lending (no surprise). Point being: could they do it with bitcoin? Theoretically yes, if they can get everyone to deposit their bitcoins it could work just as well. Central bank would be replaced by bitcoin network. In practice it wouldn't work well at all though, because bitcoin is way easier (cheaper) to move / store / transact online than cash. It's digital cash. Banks runs are just a mouse click away. They can't let that happen so they'll divert the attention to "blockchain tech", do a little "embrace and extend" magic and hopefully be done with bitcoin. why use bitcoin when you can create your own blockchain and determine the development from there bitcoin is for the people as fiat is for the nation why is it organisations are accepting bitcoin as payment, there is large economy in bitcoin where there is lots of buyers who are decentralised people wanting to spend their money their way and how they want , not dictated by national legislation, bank regulations and not determined by financial infrastructure (e.g. emerging blockchains) |
|
|
|
https://www.pwc.com/us/en/financial-services/publications/qa-whats-next-for-blockchain.htmlWe see three trends related to blockchain that we believe will be important in 2016: incumbents focus on protecting their intellectual property as they explore new collaborative opportunities with customers, suppliers, and competitors; large financial institutions will need strategic plans to set parameters for technology risk taking; and market participants will start to develop the processes that surround the transactional layer. Wat?? they are writing about bitcoin and call it 'blockchain' LMAO I read it and I think they are calling blockchain technology blockchain technology.  They did not mention bitcoin or even allude to bitcoin. IMHO. they are talking about the consortium undertaking ethereum blockchain technology, the legacy linux hyperledger blockchain being tested by the ASX in australia and other emerging blockchains as well every altcoin has its own blockchain here is another one as well Dogecoin blockchain explorer check it https://dogechain.info/ |
|
|
|
|
Marshall Long, John MacPherson, Paul Vernon
the names and identities keep growing
holy shit I would be so scared at the moment with all those guns in america
where is the scapegoat
best option really is to turn yourself in and get off light by ratting on the rats
let the law deal with these guys, please no-one take revenge
who is the one left holding the bag, they are the scapegoat that these guys are shitting on
|
|
|
|
http://www.coindesk.com/digital-currency-exchange-cryptsy-ceos-wife-asset-documents/The Motion for Temporary Relief included allegations of the Husband's transfer of substantial amounts of monies to his paramour, and his ongoing financial support of his paramour and his paramour's children. The Motion for Temporary Relief also reference the Husband's international business interests, at least one of which is located in China and is believed to be in the name of his paramour." Unsure of laws regarding divorce But would she not own 50% of cryptsy therefore his loss is her loss and any other assets she has would have to be forfeited for bankruptcy, if it went that way |
|
|
|
man Bitcoin looks slow and heavy compared to the forex market currently.
The Euro got 4% in like 2 days without a pullback.
Maybe bitcoin is finally just reacting to the weak Dollar which is on his knees together with the stock markets?
Man if the markets flip over we could see a worse crash then in 2008... It's going to be really interesting how Bitcoin is going to react at the first big scale global crisis.
Will it shine? Or just dump like everything else?
We shall see.
please explain, has not the bitcon price risen 5% in the last 24hours. January 20th was a 10% increase in 24hours I think. should i ditch this slow cumbersome non trading market for  ?? |
|
|
|
Bitcoin: bleeding since 2015(TM)
What a awful year... and seems to go worse
yep for everyone who bought over 373 i wonder what the people who bought between 160 to 300 think |
|
|
|
im out 12 btc roughly and I think I am small fish to some... think how much they stole..
someone will be after them I am sure
I am sorry to hear you lost out a lot of BTC. But, to be honest, I doubt that anyone will be after them. This is Bitcoin....no one really goes "after" the scammers, except maybe to hold a sign in front of Karpeles asking "where is our money". humans are inherently vengeful, before it was only a handful of people who lost coins, now it is people from all walks of life, repercussions do not happen straight away if it was me i would do everything in my power to repay, open trading again or wallets, return peoples money that did not get stolen etc, etc i would hate to be always looking over my shoulder as that is what occurs for a few years until found - run Forrest run do not like to see anyone get hurt, hopefully justice prevails |
|
|
|
Do people have insider information on Eth? --
no inside info, all in plain sight |
|
|
|
I wanted to get a ether wallet but the software seemed supicious. Isn't there a normal online wallet that does not need to be downloaded?
Yeh, The mist wallet sucks balls, not possible to create a wallet in mist. Some random error occur I am able to create wallets fine (on dell laptop). I have 3 wallets and 1 account/contract. Claim your ether pre-sale wallet https://www.kraken.com/etherhope this helps |
|
|
|
|
Show Posts
