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Author Topic: MYBITCOIN.COM MOVES 50213.22337BTC IN PUBLIC AS A SHOW OF GOOD FAITH  (Read 3669 times)
markm
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August 09, 2011, 08:20:19 AM
 #21

i still cant believe people sent thousands of dollars worth of assets to a website registered to a PO box in the carribbean with an alias name as the CEO and no other papertrail information based on a simple domain registry

But did they? On a case by case basis?

Sure, okay, their television evangelist(s) televised a 25000 BTC account being on there, but what were they actually risking? They, afterall, knew the guy or the operation well enough to tellyshop or app-mockup or scrape together 25000 BTC for promotional purposes on behalf of the guy or operation. Can we wonder what they hoped to gain by doing that?

But normal people?

It might be interesting to divide the victims into those who follow the show and those who never even heard of the people involved in that whole public relations blitz and find the mean of the deposits of each of those categories of victim.

It is blatantly obvious that the more people who are risking a few bitcoins the more bitcoins are at risk therefore the more risk each person's coins are at due to the whole haul of the lot of them being more attractive a pile of loot so the less coins each individual should and hopefully would put at risk, isn't it? Unless some cut is being used to beef up security, which if it truly was a free service you have to wonder where in their business model the security budget is going to come from?

-MarkM-

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August 09, 2011, 08:26:18 AM
 #22

i still cant believe people sent thousands of dollars worth of assets to a website registered to a PO box in the carribbean with an alias name as the CEO and no other papertrail information based on a simple domain registry

+1

PD: I didn't know that a Bitcoin Police would exist.

Listen Radio Libre (Electronica) Donate. (click for details).

Chilean peso VS BTC ahora: http://irage.ca/2btc.php?a=1&c=CLP&r=1

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Bitcoin Spender
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August 09, 2011, 01:38:00 PM
 #23

I lost my password for account "bitcoinspender" at mybitcoin. If there is no way for me to recover my password/account can you please donate my bitcoins to the bitcoin police.

Thanks,

Bitcoin Spender
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