2015-02-10 NYtimes - Hong Kong central bank virtual currency investment warning

[Ayle56]

"Hong Kong’s central bank has warned against investing in virtual currencies"

http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=1

[aigeezer]

Standard hatchet piece - Wall Street grasps another straw.

They included MyCoin, Gox, the price slump, money laundering, extremist groups - the usual.

Edit: forgot to cite this quote, which might demonstrate their level of understanding or perhaps their target audience:

“Bitcoins are created through a “mining” process in which a computer’s resources are used to perform millions of calculations.”

[LiteCoinGuy]

we need no Bitcoin warning, we need a Scam-Company warning  


"please stay away from the dollar, you could lose money" (-> Lehman Brothers etc)

[LiteCoinGuy]

MyCoin Customers Report $8.1 Million in Losses to Hong Kong Police

http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/