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Author Topic: The cyprus thing isn't so funny now, is it?  (Read 1878 times)
glendall
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April 11, 2013, 11:25:14 PM
 #21

There is a very big difference between a bought-and-paid-for government stealing your money to cover 20-1 long shot market gambles compared to....   a new currency that you freely invested in and freely bought and sold on a market that goes down in value.

No one forced anyone to use MT.GOX to buy and sell bitcoins.

Many people were forced by a government (run by a small elite) to surrender 10% of their balances.

Yes, there is difference. A Big difference.   

.SUGAR.
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Elwar
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April 12, 2013, 12:24:13 AM
 #22

Who thought Cyprus was funny? It was more like...oh shit.

My Bitcoins are still safe in my wallet. Actually I took the last small bit of it out of MtGox yesterday.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
meebs
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April 12, 2013, 12:38:33 AM
 #23


 Nobody can take your bitcoins away. Not even MtGox.



they absolutely can.. if they somehow go belly up, get hacked.. etc the BTC you have on deposit is technologically speaking THEIRS (you alone do not have the private key), you just trust that they will be good to theri word and transfer back to you or convert it to fiat upon request

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