i don´t own too much shares of this, but it is really sad, how the issuer takes his liabilities and hiding like some fucking scumbag
I think its
moronic ironic that most of the people who use or invest in bitcoins are libertarians and when they lose some money, through their own lack of diligence and foresight, the first thing they want to do is look for someone else to blame or run to the authorities.
I think if you used your initiative you would be able to determine that Basic Mining was probably one of the least risky of the bitcoin stocks but they were ALL RISKY.
there are no rules or guidelines in place about how people who issue securities should report to shareholders or when they should pay dividends etc.... so if (and when) they choose to do so is entirely up to them.
still nobody knows what actually happened to creativeX but there are many many things that could happen to make a guy stop talking to his internet friends for a month or two.
for example.. the IRS may have informed him that his operations require him to pay tax on all the money he is earning and/or that he has to be incorporated to continue operating... either of those two things would force a one man operation to go into lockdown for a month or two and try to sort through the legal mess to become compliant...
another example... I don't believe creativex is a programmer unlike many other bitcoin adopters so he may be may be in lock down trying to sort out how he is going to take on the shares directly and pay out dividends.
yet other examples are health problems, a death in the family or a simple burn out; all of which could cause a guy to stop communicating for a few weeks.
the bottom line is.. its not the end of the world if your internet friend and friendly local securities holder stops talking for a short while.. the world is not ending.. this is just the wild west...
those people who were stupid enough to invest more than they could afford to lose need to take a good long hard look in the mirror and then take a good hard look at a dictionary for the definition of the word Libertarian.
Just my 2c as usual...
PS invested in several mining operations.. all of them are down... but I still don't feel as bad as the guy who bought 2 pizzas for 10,000 bitcoins...
