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Author Topic: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action  (Read 1006485 times)
Spoetnik
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November 28, 2015, 04:44:08 AM
 #1501

ok FUD soldiers.. for now on when posting long winded far reaching conspiracy theory rants.
EXPLAIN what the tie to Cryptsy is ROFL

I go off the deep end but at least i make it clear what my point is.

It obvious tons of the people reading this don't understand what is posted.
So why post it then ?

FUD first & ask questions later™
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November 28, 2015, 07:27:22 PM
 #1502

Has anyone received any official emails from Cryptsy as to what is going on with our money?
Are our funds there and they can't move them or are they not?
Any accurate info would be greatly appreciated.


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November 28, 2015, 08:56:50 PM
 #1503

How was it possible that the venerated Paul Vernon found himself in bed with fellow venerated entrepreneurs with sidekick, BitJohn, fluffing the pillows?

http://drbenway.blogspot.com.au/2014/03/bitcoin-miner-listed-and-ramped-on-asx.html

Quote
The Great Australian Investment Ponzi

Blog outlining massive fraud in the Australian listed investment company (LIC) and broader financial sector

Thursday, 13 March 2014

Bitcoin miner listed and ramped on ASX

After ASX-listed scams run out of money, their shell can be used for another scam, with this process repeated ad infinitum and ad nauseam. It has now become standard practice for failed Australian companies to announce a splendid scrip acquisition immediately followed by a ramp. Naturally, the sudden ramps of these previously illiquid and unheralded companies is entirely engineered by related parties of the operators, it has absolutely nothing to do with a "market" outcome.

Macro Energy Limited (MEJ.AX), previously known as Verus Investments Limited, is an investment company that has a long proud track record of destroying shareholder value. Its latest half yearly report discloses remaining assets of around $3.5m, predominantly in cash, and 218m shares outstanding. Today MEJ announced it is acquiring Digital CC Holdings, which through its subsidiary digitalBTC engages in vaguely described operations involving bitcoin mining and trading.

http://www.asx.com.au/asxpdf/20140313/pdf/42nbwgj1sml1kc.pdf

The scrip acquisition of Digital CC is to be accompanied by a share consolidation, a $9m capital raising, and share options to insiders. Following the announcement, the scheme operators immediately ramped the share price of MEJ by 50%. The ramp had nothing whatsoever to do with the "market", it was a predetermined planned outcome for the illiquid share. On the previous trading day, 9000 shares of MEJ were traded on the ASX at around $0.026, for a daily trading value of around $230.



Revaluation ramps such as these have not only come to be condoned, but to be expected as part of the market. Little is known about the actual operations of digitalBTC, but what can be said with certainty is that the company is controlled by criminals who without compunction manipulate "market" prices. This in and of itself should be enough to disqualify such schemes as investments. But in Australia scamming is an accepted way to make money, as long as you succeed at it. The head of digitalBTC made his money from various adult entertainment and horoscope SMS frauds, yet is still hailed as a paragon of entrepreneurship.

http://juha.saarinen.org/2422
http://ideceive.blogspot.com.au/2006/08/phone-scam-your-1-true-love.html
http://www.callercenter.com/blg/articles/love-calculator-scam-breaks-hearts/

These scams did not provide promised services, made it hard or impossible to unsubscribe, were deliberately deceptive about costs and made unauthorized charges.
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November 28, 2015, 10:08:16 PM
 #1504

How was it possible that the venerated Paul Vernon found himself in bed with fellow venerated entrepreneurs with sidekick, BitJohn, fluffing the pillows?

http://drbenway.blogspot.com.au/2014/03/bitcoin-miner-listed-and-ramped-on-asx.html

Quote
The Great Australian Investment Ponzi

Blog outlining massive fraud in the Australian listed investment company (LIC) and broader financial sector

Thursday, 13 March 2014

Bitcoin miner listed and ramped on ASX

After ASX-listed scams run out of money, their shell can be used for another scam, with this process repeated ad infinitum and ad nauseam. It has now become standard practice for failed Australian companies to announce a splendid scrip acquisition immediately followed by a ramp. Naturally, the sudden ramps of these previously illiquid and unheralded companies is entirely engineered by related parties of the operators, it has absolutely nothing to do with a "market" outcome.

Macro Energy Limited (MEJ.AX), previously known as Verus Investments Limited, is an investment company that has a long proud track record of destroying shareholder value. Its latest half yearly report discloses remaining assets of around $3.5m, predominantly in cash, and 218m shares outstanding. Today MEJ announced it is acquiring Digital CC Holdings, which through its subsidiary digitalBTC engages in vaguely described operations involving bitcoin mining and trading.

http://www.asx.com.au/asxpdf/20140313/pdf/42nbwgj1sml1kc.pdf

Whoa, is this real?  DigitalCC was still around recently, see for example this.  The company was notable for being the only publicly owned mining company (that I know of) and therefore obliged to publish quarterly financial reports.  IIRC, their owner/CEO has been Zhenya Tsvetnenko for some time.

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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November 28, 2015, 10:26:37 PM
 #1505

How was it possible that the venerated Paul Vernon found himself in bed with fellow venerated entrepreneurs with sidekick, BitJohn, fluffing the pillows?

http://drbenway.blogspot.com.au/2014/03/bitcoin-miner-listed-and-ramped-on-asx.html

Quote
The Great Australian Investment Ponzi

Blog outlining massive fraud in the Australian listed investment company (LIC) and broader financial sector

Thursday, 13 March 2014

Bitcoin miner listed and ramped on ASX

After ASX-listed scams run out of money, their shell can be used for another scam, with this process repeated ad infinitum and ad nauseam. It has now become standard practice for failed Australian companies to announce a splendid scrip acquisition immediately followed by a ramp. Naturally, the sudden ramps of these previously illiquid and unheralded companies is entirely engineered by related parties of the operators, it has absolutely nothing to do with a "market" outcome.

Macro Energy Limited (MEJ.AX), previously known as Verus Investments Limited, is an investment company that has a long proud track record of destroying shareholder value. Its latest half yearly report discloses remaining assets of around $3.5m, predominantly in cash, and 218m shares outstanding. Today MEJ announced it is acquiring Digital CC Holdings, which through its subsidiary digitalBTC engages in vaguely described operations involving bitcoin mining and trading.

http://www.asx.com.au/asxpdf/20140313/pdf/42nbwgj1sml1kc.pdf

Whoa, is this real?  DigitalCC was still around recently, see for example this.  The company was notable for being the only publicly owned mining company (that I know of) and therefore obliged to publish quarterly financial reports.  IIRC, their owner/CEO has been Zhenya Tsvetnenko for some time.

http://www.zdnet.com/article/digital-cc-ditches-bitcoin-rebrands-to-digital-x/

Quote
Earlier this month, Digital X told shareholders that it had terminated its Mintsy joint-venture agreement, citing ongoing concerns it held with Mintsy and the company's inability to meet its contractual requirements.

"Under such circumstances, [Digital CC] had no choice other than to terminate its role and relevant interests under the agreement," executive chairman Zhenya Tsvetnenko said at the time.

I'll repeat, the key players behind Mintsy were Paul Vernon and BitJohn, with Paul having all the related domain names in his name.

http://samesites.com/www/mintsy.com

Quote
The domain name has registered. TLD (Top level domain) of the domain name is com and SLD (Second level domain) length equals to 6.. It's seems appropriate for SEO and human-memorability. Domain name choosing is important to maximize search engine-referred traffic.

mintsy.com was created by PAUL VERNON on 05/05/2009 . You can contact to domain owner at PAUL@MINTSY.CO . For further raw whois information please take a look at the Whois section.

mintsy.com's A record assigned to 98.124.198.1 . if you want to see such as Name Server, CNAME, MX etc. please look at the DNS section.
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November 28, 2015, 11:50:36 PM
 #1506


<snip>

Andreessen Horowitz is a $2.5 billion venture capital firm that was launched on July 6, 2009. Marc Andreessen, Ben Horowitz, John O’Farrell, Scott Weiss, Jeff Jordan, and Peter Levine are the general partners of the firm. I checked now just one of them and I found out O’Farel had earlier company Silver Spring Networks, O’Farrell led the company’s $90 million Series D fundraising led by Kleiner Perkins Caufield & Byers which is connected with NSA. Among others, his CV says that O’Farrell held general management, marketing and consulting positions in the Booz Allen Hamilton.


Quote
One of Silicon Valley’s premiere venture capital firms is making a bet that bitcoin will make it easier for businesses to move money around the world.

Kleiner Perkins Caufield & Byers was part of $12.5 million investment in Align Commerce, a San Francisco-based startup that uses bitcoin to enable cross-border money transfers. (KPCB is a well-known technology investor that has made notable investments in companies such as AOL, Google, and Amazon.com.) This is KPCB’s first investment in the bitcoin world, according to the Wall Street Journal.

http://www.smashingmagazine.com/author/scotthurff/

Quote
Author: Scott Hurff



Scott Hurff has been building web and mobile products for over 15 years. Currently Head of Product at a Kleiner Perkins-backed Tappy, he teaches design prototyping in both Quartz Composer and Xcode, and is writing "How Product Designers Work". Based on interviews with over 20 product designers from companies like ZURB, Facebook, and Medium, it's a book that aims to understand how some of the world's most talented product designers do their jobs.

Who is Scott Hurff, you ask? Only the co-founder of the first iteration or Mintsy is all. (Bet you didn't see that coming - HAHAHA)

https://www.linkedin.com/in/scotthurff



It's so nice to see Kleiner Perkins Caufield & Byers get into the Bitcoin remittance space. I wonder if they'll be competing with DigitalX/DigitalBTC, formally partnered with Mintsy whom Paul Vernon seems to not know who's behind that entity in spite of having mintsy.com now registered in his name. HAHAHA
Gleb Gamow
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November 29, 2015, 12:22:03 AM
 #1507

From the desk of Is The Internet Now Making Shit up?

http://web.archive.org/web/20080205213911/http://www.news.com.au/perthnow/story/0,21598,23149231-5005370,00.html

Quote
FROM Russia with love, Zhenya Tsvetnenko gave his bride a wedding fit for royalty today.

With a price tag of $1 million, the nuptials of the 31-year-old Russian-born businessman to Lydia Gaugg, 29, wasn’t a bring-your-own affair.

Wedding co-ordinators Ryan McManus and Paul Hurford said everything had to live up to the "sheer elegance’’ theme.

A silver carriage drawn by four horses delivered the bride to the front of the Peel Manor House, in Baldivis, just after 5pm yesterday.

The Mt Pleasant couple, who met at the Paramount nightclub in Northbridge about four years ago, invited about 120 guests to the luxurious five-hectare, 16-suite property for the ceremony.

Butterflies were released as the pair took their first steps as man and wife in front of their friends and family, some of whom had been flown in from Russia, America and interstate.

A grand marquee lined with $12,000 of black silk, a white parquetry floor and illuminated by crystal chandeliers, greeted guests for the reception.

Dinner choices included double-crumbed deep-fried WA camembert with plum sauce for entree, chicken Florentine or peppered beef for main, followed by a local cheese platter.

And then there was a one-metre fountain of Belgian chocolate and strawberries for dessert.

The bridal table had decanted bottle of the 1986 Penfolds Grange Hermitage, worth $2000 each, and said to be the couple's favourite drop.

Nearly $4000 was spent on the fuel bill to power the generators of the $80,000 marquee while the flower bill topped $60,000.

At noon today, the couple will fly by helicopter to Perth airport where they’ll board a plane destined for a honeymoon in South-East Asia.

Mr McManus, a wedding planner with the manor for the past eight years, said the wedding was one of the most lavish he had prepared.

"It wasn't the biggest in terms of the number of guests but certainly in the grandeur of the event,'' he said.

Family friend David Buttsworth said the wedding reflected the couple's tastes.

"They are very extroverted,'' he said.

"It is a big party but the wedding is a lot like the couple - simple and elegant.''

A recent survey by Bride To Be magazine reported that Australian couples spent $39,114 on an average wedding.

The lavish ceremony, however, pales in comparison to week-long wedding celebrations of James Packer and now wife Erica Baxter on the French Riviera in June last year.

Australia’s richest man and his bride had two ceremonies - a simple ceremony at a rustic French town hall, conducted by a local mayor, then a bigger party for about 150 guests on the water.

Mrs Packer wore a $100,000 Christian Dior gown as she walked down a 150m white carpet to a floral archway overlooking the Mediterranean, where Mr Packer waited in a dinner suit.

Both ceremonies were in line with a WA trend of couples saying no to church services.
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November 29, 2015, 12:23:33 AM
 #1508

Cryptsy is in a hell of a lot of trouble and i would be shocked if they were not under investigation right now.

Some of the recent stuff you found relating to Mintsy Gleb seals the deal.

These bloody lying worms can't sit there and cry FUD and say we're trolling anymore.

I have witnessed a million scammy stunts and bs and lies etc.
Others have chimed in and now a mountain of info has poured out.. and it never seems to end.

I have one large middle finger for all the little suck up's and fanboys who cry FUD.
Such as Terrik sitting on Poloniex's exchange claiming i was picking on Cryptsy with Gleb etc.
While the mods agreed and chastised me for being a troll etc. (while i never brought it up in the first place)

These little pricks try climbing onto the boat i am holding their heads under water..
Suffer rat's.. DROWN !

Drown assholes.. you deserve it !

3 years of being treated like dog shit as that shit hole Cryptsy lied to me Trolled me and fucked me over for money.
Take your one year chat ban and stuff up your ass pricks..

Cryptsy is almost certainly insolvent or will be fast.
They will lie to you and steal your coins and use them to play the markets.
All the while telling you more lies..
Rock the boat by asking where your coins went or why the wallet has been down for a month or two ?
then expect to be banned and silenced and locked out of your account.

Hell don't be surprised if you get locked out of your account with this little gem of an excuse.
"Sorry but you were locked out of your account for changing your name on chat to Spoetnik"
Yup.. that is EXACTLY what they did ZackClark before.. no joke !
They ripped him off then BitJohn told him that making it seem like i was the reason why.

Call your lawyers pricks ..

FUD first & ask questions later™
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November 29, 2015, 12:45:48 AM
Last edit: November 29, 2015, 01:00:28 AM by Gleb Gamow
 #1509

Tech Millionaire Zhenya Tsventenko Brings Bitcoin to Australian Stock Exchange: https://www.reddit.com/r/Bitcoin/comments/20b5j6/tech_millionaire_zhenya_tsventenko_brings_bitcoin/cg21it1

Quote
panglozz                       6 points         1 year ago

Just google the principal of the BTC mining operation. He has a "SCAM, SCAM, SCAM" trail extending back to at least 2006. His MO was a "premium SMS" service that signed up unwitting users, and charged them exorbitant monthly fees to send them the name of "their one true love"

This is nothing BTC wants to be associated with, another long-term computer scamster. http://dragontail.wordpress.com/tag/zhenya-tsvetnenko/ http://ideceive.blogspot.com/2006/08/phone-scam-your-1-true-love.html http://www.callercenter.com/blg/articles/love-calculator-scam-breaks-hearts/ https://www.linkedin.com/in/zhenyatsvetnenko

Either Paul Vernon doesn't know how to use Google, or scammers gravitate to one another. I'm leaning toward the latter.

https://www.reddit.com/r/Bitcoin/comments/20b5j6/tech_millionaire_zhenya_tsventenko_brings_bitcoin/cg1qnpw

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Rassah         1 point          1 year ago

Zhenya is technically Evgeny or Eugene. Zhenya is a phonetic pronounciation of a familiar tense, like Dmitry and Dima, or Michael and Mike. Just fyi.

http://www.smartcompany.com.au/smartcompany-awards-2014/816-hot-30-under-30/hot-30-under-30-2010/14309-eugeni-tsvetnenko.html

Quote
Age: 30
Company: Lavish Channel and Zhenya Records
Sector: Advertising and marketing

The colourful life of Russian-born Perth-based entrepreneur Eugeni "Zhenya" Tsvetnenko has included everything from allegations of running a mobile SMS scam through to flying US rap star Snoop Dogg to perform at his 29th birthday.

Then there are also the seven houses in Perth, the $600,000 wedding ceremony, and a total net worth estimated by BRW at $107 million in 2009. All this from a university dropout who started with $200 in his bank account.

Tsvetnenko started on the path to making his fortune in 2002 with a business that enabled customers to receive paid SMS entertainment services on their mobile phones, and moved on to mobile advertising.

Today he has interests in a range of businesses including digital signage and advertising through Lavish Channel, which supplies custom TV programming to more than 200 hairdressing salons across Australia. He also has an interest in the music label Zhenya Records.
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November 29, 2015, 08:36:55 AM
Last edit: November 29, 2015, 10:28:43 AM by Spoetnik
 #1510

Is it sinking in yet with people ?
Do they see what is going on ? The bigger picture ?

Fuckin' Suits !

All these millionaires and investor groups and $75 a ticket meetings etc
orchestrated bullshit like Paycoin and Mintsy attached crystal clear to Pauly boy and company playing dumb.

I have been saying all along the big guys work the game.. with their own corrupt rules.
and the little shits making 1 bitcoin profit off some scheme proud as peacokcs chant FUD and Troll.
..until THEY get burned.

Last night retards who moderate the Poloniex chat box were mouthing me off..
Ohhhhh Spoetnik all you do is spout Doom & Gloom.
I said how do we fix anything if we can't admit it's broken in the first place ?

Pull your head out of your ass's guys and look around.. see what is going on ...........yet ?

If you sad ass pathetic bag holders want to ROI on flavor of the month ponzi / pyramid scheme digital token #7,003.
(no i am not calling them a currency)
Then you have one single solution..
Admit there is a problem and clean it up.. period.

First thing you do is get these corrupt assholes hooks from out of us all.
Do you all think these guys pull one scam and wander off into the sunset ?
HELL NO !
They hang around here for life.. changing names and pushing the next scheme.
So why on god green earth would you sit there like Poloniex moron chat mod's and chant ohhhh just be optimistic.

I laughed in those Polo'tards faces and reminded them i will be around saying I told you say long after Poloniex is insolvent.
I got a big chuckle from ChickenLiver or what ever his stupid fake name is ?
And he proudly proclaimed his exchange is different !
mmmmm hhhhhmmmm right  Roll Eyes

They ALL follow the same premise of a business.
You need customers and when they stop coming after being fucked over you close your damn doors !
And i have warned people in Crypto as the gates start closing prepare fro a rash of robberies last minute.
Your Crypts'ies and Poloniex's are going to run out of money and users and rip people off on the way out the door.
While mod's sit on chat chanting be optimistic.

If you all out there can't see the bigger picture here i feel sorry for you.
Your being played by corrupt pricks who make all the money and make you defend them.
You think the puppet masters have to run around citing FUD ?
hell no they leave that up tot the gullible greedy little morons clutching that 0.003487 BTC profit

And by the way.. i said all this would happen as the crowd came in and BTC went to a grand.. LONG AGO !
What ? that crypto would die..
it would be strangled to death by greedy scum bags pushing zillions of scams.
And look around that is EXACTLY what has played out.. I TOLD YOU SO !
Even when 100% of people said i was wrong and cloning coins was good and shit coins brought in new users
and BTC was going to 10 grand.. and that i was full of shit and a FUD'ing Troll.

I was right and i called it.. but i did not create the downfall..
YOU guys out there did by enabling the puppet masters like Paul

The reality is if i had never got involved in Crypto it still would gotten popular and cloning would have still ramped up
and then the inevitable downfall and mass exodus of users would have still happened..
regardless of Spoetnik's evil FUD !
So don't you guys dare pin this dumb crap on me.
I was on my own on the Doge coin ANN topic as all of you where on your knees' supporting it.
I don't recall anyone siding with me and it still got big even though i went on the record
saying you all should be embarrassed.

BitJohn should be embarrassed for posting shibe talk on Twitter's main page on Cryptsy.
I should have screen capped it.. it went something like this.. "Much Doge Coin update, such performance, so Profit"
Yes Cryptsy staff you SHOULD be VERY embarrassed for jumping in with that childish ponzi scheme.

And then spending ALL of your time hanging out on chat defending it. with the cliche'd bullshit..
Such as "It brings in new users" ..who are long gone (probably broke taken a loss)
Reality check guys.. the Doge Dev posted he quit because YOU all failed him.. lack of community support.
And yeah they did come.. to make moon train arise chikun lambo'z ponzi profits..

..then they left.

I always said Cryptsy never cared about crypto.. they cared about using Doge to fleece a profit of you all.
They knew damn well ORB was hated.. so they snuck it back in later to exploit noobs rushing in.
Is this the type of behavior that we need ?

Apparently ALL of you out there could care less..
You only had a problem with Cryptsy when you shit coin withdrawal vanished.
It's not like a bunch of people haven't been warning users about Cryptsy FOR YEARS.
ever heard of fanboysim ? Cheerleadeing ?
How about crying FUD ?

I posted before way back.. get in bed with dog's then don't cry when you have flea's.
And, every dog has his day.. Cryptsy guess what day it is ?


FUD first & ask questions later™
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November 29, 2015, 08:38:47 AM
 #1511

Why are people still using the exchange if it's insolvent? I see a lot of people posting things about cryptsy being hacked. This started like a year ago or something.
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November 29, 2015, 10:20:23 AM
 #1512

DOGEBTC exchange rate at crapsea is 10% higher then bittrex, poloniex and BTC38.

People's buying DOGE like crazy to get money out, same shit was happening with MtGox few weeks before the collapse.

I wouldn't be surprised to find out BigVerm himself is arbitraging DOGE on his own exchange.

Can't wait for them to go bankrupt.

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November 29, 2015, 01:56:28 PM
 #1513

DOGEBTC exchange rate at crapsea is 10% higher then bittrex, poloniex and BTC38.

People's buying DOGE like crazy to get money out, same shit was happening with MtGox few weeks before the collapse.

I wouldn't be surprised to find out BigVerm himself is arbitraging DOGE on his own exchange.

Can't wait for them to go bankrupt.

I took a look last week, shills were having a field-day selling shit-tickets out of purgatory. It's an embarrassing state of affairs.

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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November 29, 2015, 04:16:09 PM
 #1514

DOGEBTC exchange rate at crapsea is 10% higher then bittrex, poloniex and BTC38.

People's buying DOGE like crazy to get money out, same shit was happening with MtGox few weeks before the collapse.

I wouldn't be surprised to find out BigVerm himself is arbitraging DOGE on his own exchange.

Can't wait for them to go bankrupt.

I took a look last week, shills were having a field-day selling shit-tickets out of purgatory. It's an embarrassing state of affairs.

Meanwhile, the serial scam artist, Eugeni "Zhenya" Tsvetnenko, teamed up with CoinX after abandoning Mintsy: https://bitcointalk.org/index.php?topic=1269112.0
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November 29, 2015, 04:46:37 PM
Last edit: November 29, 2015, 05:26:00 PM by Gleb Gamow
 #1515

DIGITAL CC LIMITED PROSPECTUS

http://webcache.googleusercontent.com/search?q=cache:Cs_cJgoPXCgJ:https://digitalx.com/wp-content/uploads/2014/03/Prospectus.pdf+&cd=8&hl=en&ct=clnk&gl=us

Quote
Involves buying state of the art mining hardware, mining Bitcoins and then selling the hardware as required to keep at the forefront of technology (ideally within two to six months of purchase). Bitcoins mined can be liquidated to traditional currencies (AUD, USD, Euro etc.)

I'm opted to not highlight the bullshit part, for if an Investard can see it, then they deserved to lose their precious.

http://webcache.googleusercontent.com/search?q=cache:9PfWm6zQWkIJ:https://digitalx.com/wp-content/uploads/2015/10/DCC-Annual_Report_2015.pdf+&cd=2&hl=en&ct=clnk&gl=us

http://www.asx.com.au/asxpdf/20140930/pdf/42sl7g0b8y66m4.pdf



More bullshit, but this time I highlighted the clause to make it easier for the Investards to find the BS part.

Question: Is there a single image or an address of the bitcoin mining operation that DigitalX et al. supposedly maintained?
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November 29, 2015, 05:57:07 PM
 #1516

http://webcache.googleusercontent.com/search?q=cache:9PfWm6zQWkIJ:https://digitalx.com/wp-content/uploads/2015/10/DCC-Annual_Report_2015.pdf+&cd=2&hl=en&ct=clnk&gl=us

Quote
ASSET PURCHASE AGREEMENT
BitFury Group – Additional Equipment

In March 2014, Digital CC Management (DCC Management) agreed to enter into four Purchase Orders (POs) with BitFury Group Limited (BitFury) for the purchase of US$4 million of bitcoin mining hardware.

As part of the purchase of the US$4 million of bitcoin mining hardware, the POs contain special terms and conditions (Purchase agreement) in relation to the provision of an additional 566TH (Terahash) (Additional Equipment) of Bitcoin mining equipment, binding DCC Management to contingent profit sharing obligations. The Additional Equipment was provided from BitFury to Digital CC for $0 upfront cost.

On 30 June 2015 a termination agreement was entered into by the two parties releasing each other of all the obligations as stipulated in the purchase agreement. As part of the termination agreement BitFury waived the June 2015 power and hosting fee payable of US$107,629 and DCC Management transferred all the mining hardware acquired under the purchase agreement to Bitfury for nil consideration. The written down value of the equipment on 30 June 2015 was nil. The gain on sale of the equipment of $107,629 has been recorded as other income (refer Note 7) in the statement of profit or loss and other comprehensive income.
cohnhead
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November 29, 2015, 07:22:59 PM
 #1517

a few hours ago I was in crypsty chat and one of the mods ..Nordman....indicated that the problems they were have were stemming from xt fork. I don't know enough to know if that's true. I thought that really only affected miners and wasn't a real issue. Could someone enlighten please
Gleb Gamow
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November 29, 2015, 07:45:13 PM
 #1518

a few hours ago I was in crypsty chat and one of the mods ..Nordman....indicated that the problems they were have were stemming from xt fork. I don't know enough to know if that's true. I thought that really only affected miners and wasn't a real issue. Could someone enlighten please



Consider yourself now officially enlightened.
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November 29, 2015, 08:12:51 PM
 #1519

Cryptsy is in a hell of a lot of trouble and i would be shocked if they were not under investigation right now.

Some of the recent stuff you found relating to Mintsy Gleb seals the deal.

These bloody lying worms can't sit there and cry FUD and say we're trolling anymore.

I have witnessed a million scammy stunts and bs and lies etc.
Others have chimed in and now a mountain of info has poured out.. and it never seems to end.

I have one large middle finger for all the little suck up's and fanboys who cry FUD.

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November 29, 2015, 09:24:21 PM
 #1520

a few hours ago I was in crypsty chat and one of the mods ..Nordman....indicated that the problems they were have were stemming from xt fork. I don't know enough to know if that's true. I thought that really only affected miners and wasn't a real issue. Could someone enlighten please



Consider yourself now officially enlightened.

Outstanding!  But don't tell HORUS!

It will go straight to his head, LOL.
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