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Author Topic: Vircurex may 2013 report, is this a joke Kumala ?  (Read 5358 times)
K1773R
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March 27, 2014, 04:24:33 PM
 #41

one thing is for sure: current shareholders value is ZERO! vircurex should raise new fresh capital and the dilution would almost wipe out any existing stock value. then they should proceed in refunding the current depositors with frozen coins. this is the only way to keep the exchange afloat, one of the oldest in the crypto arena.

Where are they going to find somebody willing to invest money into a failing exchange that has repeatedly been the victim of hacks (or was it just the operator taking some of the money to play with)? The risks here are huge, and he would have to offer a huge interest rate to attract any investment.
well, if you run "Ruby on Rails" in such critical services, its normal that you get hacked.

[GPG Public Key]
BTC/DVC/TRC/FRC: 1K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM AK1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: NK1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: LKi773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: EK1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: bK1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
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March 29, 2014, 02:53:36 PM
 #42

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Where are they going to find somebody willing to invest money into a failing exchange that has repeatedly been the victim of hacks (or was it just the operator taking some of the money to play with)? The risks here are huge, and he would have to offer a huge interest rate to attract any investment.

yeah that's the problem. Sad
but someone crazy can come up and takeover the business. there's so much to do in the cryptoworld and this might pay back in a year or so. don't know maybe a group of devs that can take the platform and improve it over time, restoring confidence after reimbursing every depositor.


have a see

I do want to know how it work
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