AnonyMint thanks for your documents and your thoughts.

I agree with much of it.

Regarding economic devastation particularly though, I think you may be over-complicating things.  Not to say you incorrect. Just saying our global financial environment has so many fundamental fabrications and flaws that it isn't even necessary to go beneath the surface of them much to prove that devastation is coming.

The fractional reserve banking system, and the fact that our currency is not backed by anything, added to the fact that a private investment bank run by a dozen people creates the American 'reserve note'  -- and that every country's own currency is pegged to this currency -- just alone shows how bad things are.

Hardly anyone even knows that the Federal Reserve private bank gets a 6% profit from all the money they make out thin air.  Think about that for a second. Let that sink in. The strongest currency, the world's most dominate currency, is printed by a private company whoser member bank [owners] automatically profits 6% on whatever they print. Think of much money that is. It is beyond illegitimate; it is treasonous, but has been going on so long that it is just accepted as 'the way things are'.  It's even almost a state-secret who even runs the private bank that prints the country's money supply. Red flags anyone?

Then you just look at the charts of much money is being printed, and at the ever-increasing rate it is.   This cycle is not new at all, its happened hundreds , thousands of times since the creation of the concept of money. And it never once has ended without the currency collapsing.

Basically it's a house of cards just waiting for a strong wind, and analysis of the charts and history shows this.  

tl:dr    :   Good stuff, but I don't think anyone really needs to look beyond simple, basic economics to realize that the world economy is built upon on a poor design that'll inevitably and unavoidably collapse.  NONE of the stuff that made 2008 Great Recession have been fixed, and in fact, the situation is even worse now from all the funny money being printed. We are 'quantitatively' easing one step close to the Great Collapse.  Not trying to be a doomsayer, I'm just applying logic. 

What do you do when your own government doesn't follow its own rules though?

Both income tax and making money that is not backed by gold or silver were forbidden by the Constitution, by the founders of the country.

Oh ya right, the Constitution.

Oh ya right, your currency is going to crash because you are printing it endlessly? And you want to tax my bitcoin to pay for the interest on the debt that is pushed forward every day to pay for things the country can't afford?  Ya sure checks in the mail.   

It's pretty amusing for anyone who bought BTC at less than 10 bucks or hundred to read of people considering prices are down when BTC is over $800 a coin against usd.

What is down? We haven't gone down in a while.  Bitcoin has hardly ever been this stable. At over $800!  How is that down, so confused.

I wrote my own thread about this exact same thing about 6 months or so ago.

All the new coins must leech value from BTC. 

But 'traders gonna trade'.   I just hope they eventually die off.  There has been about 6-10 great coins that came out in the last year, and, what, about 200 unneeded ones.  I still don't even know how or why Doge got so popular. There really isn't anything to it besides a charming mascot as far as I can tell. But hey, it's a free market I guess.

The worst is when an great new coin comes out and its gets ripped off right away though, that bothers me.  Really is easy to copy a coin, really difficult to make an original one with any actual new code. 

I think BTC and porn a great combo.  I'm sure many, many dudes would much, much rather (or at all) pay for porn with spare bitcoin then doing cc payments.

Actually thought of this potential a while ago on the troll box at BTC-E one day. Every one was making up dumb / joke coin ideas and I recommend 'SexCoin'.  Lol'ed pretty hard when a month later found out someone actually made it.  

Back on topic though, wow, 2014 looks GREAT if Jan is any indication.

Ukyo what has active mining have to do, at all, with someone, like myself, who deposited money to wexchange then could not withdraw the btc.   How can you conflate these two things?  There is no link that I can see.

You can't just accept deposits from people then keep their money  (...like do I really need to describe this to you? Apparently).  What you have done is called thievery and there are repercussions.

Your information is public, you will not be able to hide from this.

Ukyo what does any of what you wrote in the last few pages have to do with my situation:

I transferred Bitcoin to WeExchange thinking I'd buy some shares on Bitfunder (I did not).

I could never withdraw my bitcoin I deposited. No reason ever given. 

Wtf happened to my Bitcoin?  It's really simple.  You owe me the bitcoin. You can't use people's deposits for all sorts of random purposes to try to get out of a mess you made for yourself. You simply stole mine, and hundreds others money. I had nothing to do with any of the Active Mining stuff or anything.

WTF happened to my bitcoins?  You accepted deposits for over 2 months knowing you could not honor them, or let your users withdraw their own fucking funds they deposited? That is simply thievery. You can't really expect to walk away from this??

Said this 3 weeks ago.  Again, I'll repeat it.  Going to repeat it every month until more of you come around.  Absolutely no progress has been made. He has made MILLIONS of DOLLARS from this.

Give yourself a deadline.  Ukyo has been taking the publics deposits into his own fucking wallet since NOVEMBER knowing he could not pay people back. If this isn't a red flag or a concern for you, you are an idiot. I'm sorry, I'm not sure how else I can put it.

When will you do something about this? Anything is better than nothing.   Another 2 weeks?  Another 2 months, 5 months?  Just at least set a deadline.

He is buying more time.  At the very least Ukyo should have at least TOLD us what HAPPENED with all of our BTC we deposited to "WeExchange | A safe way to pay and get paid".

You have had money stolen from you, you should be angry.

Asicminer yes, Basic no.  It will be quite tough though, there was a great deal of forewarning that BTCT was going to shut down and to get your shares out.  It might be possible but it a bit of a long shot. 

As a guy who bought AM shares around .8 and rode them all they up to 4.5 BTC /share than back down to .8 let me just give you some advice:  ...be careful !

Lot more competition these days. I still think FC is the man but I don't ever think they will getting anywhere to the dominance they had when there was only three players in town, AM, Avalon, and BFL.  AM has great products and they had a huge advantage but I think they blew that, and its sort of over for them now.  I could be completely wrong and tbh don't follow them anything close like I used to, but just, be careful...

You got to be kidding me. 

Didn't Ukyo really say he had his private wallet funds in the same wallet as the "safe and secure" deposits into WeExchange?

I'm getting more and more angry at this fuck-face scammer.  I really, really hope he doesn't just walk away from this thievery, this guy is scum.

Once again, will repeat what I said a month ago:  How long are you going to give this scammer?  It's been over 3 months now.  It is completely infeasible that this is a technical problem that he can't solve.  That he can't even tell us what he did to the missing millions is inexcusable.  All the signs look like he was treating everyone's deposits as his personal wallet -- this is just plain thievery.  If you are going to sue, get on it.  Personally I hope he ends up in a ditch somewhere. Having lost my job those funds that he stole from me would have really come in handy, this guy is fucking pond scum.

Hahah where does a person get a spare kilogram of piracetam from ? Haha     No need to answer that, actually. But that's funny.

Basically what Ukyo is doing is saying stuff along the lines of 'announcement coming next week' and empty promises every week until everyone just sorts of lose interest and gives up on getting their stolen coins back.  This has been working for 2 months now and just continues to roll on.

So going on three months for some folks, they deposited money to WeExchange, and the coins 'magically vanished' and we still don't even have an excuse why they went missing.

And most people are oddly thinking that they will somehow get their coins back, I suppose? 

Just doesn't make much sense.  This was about the easiest, most painless multi million dollar scam that I have ever heard of in my life.  Ukyo Jon Montroll does not even have a negative trust rating.  And I'm guessing only 1/10 of the people he scammed even know of these threads existence.  What a sad new big scam for the world of bitcoin.

You must be some sort of shrill account.  Did you lose all a lot of bitcoin through the WeExchange scam, and then come to this forum to make a new account, just posting how you believe Ukyo's BS?  You are either a severe idiot, or you are Ukyo, or you are being paid by Ukyo. Which one is it? I just can't fathom that anyone could be this happy and trusting when having their money stolen.


I mean anyone reading this: just go through WeexUser's post history.  Why would anyone of their own violation lose funds to WeExchange and then feel such resolve to post upwards of 70+ messages supporting the laughably thin premise that something legitimate happened to all of our deposits, instead of the much more likely answer: that we have been ripped off.

Yup. The scam is almost over.  Ukyo stole millions dollars worth of BTC.  Has lied about what happened (first it was purely technical error now the coins are just gone for 'legal reasons' that of course 'he can't talk about').  Has not given any explanation for what happened.  Most people have given up hope of getting their coins back, are in denial, or aren't doing anything to get their money back.

I betcha when it went from 10$ to 7$ these boards were filled with people talking about 'the huge crash' and 'the big bubble' and how 'bitcoin will never reach 10$ again'.

If you are one of the big boys, like HSBC, you can handle some of the business from drug cartels.

If you are new player like Gox, then the big boys will do there best to keep you out of there turf.

This prob the most obivious thing in the world, but did you check the warranty?

 A lot of companies have long warranties.  Like gigabyte for example, offers 3 year warranties on their video cards.

OP:  you really should save yourself a big headache and simply but another motherboard.  You could get a suitable used 3xpcie mobo, cpu , and minimum ddr2 ram for probably 50 bucks? I don't see why you'd want to go the 6x route. It's plausible and good on you if you want to do it, but man, 2 3xvideo card pc's would be so much easier.