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Author Topic: MyBitcoin was probably a scam - and if it was, here's who's responsible  (Read 11344 times)
MoonShadow
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September 02, 2011, 05:31:16 PM
 #81

I didn't move this thread, nor have I deleted or moved any threads on this topic.  I locked the pot thread because permitting such things to continue invites legal liability to the ownership of this forum.  This is one reason that this forum is no longer part of bitcoin.org.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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MoonShadow
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September 02, 2011, 05:32:37 PM
 #82

That moderator scares me on so many levels.

I think he's hilarious. The other day a marijuana dealer came in here and I was starting to string him along inquiring about terracotta pots, when that moderator popped in actually believing I was trying to score some weed. 

No, I knew what you were doing.  I said that you were stupid.  The other guys for trying to deal in contraband on a public forum, and you for getting your identity involved at all.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
MoonShadow
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September 02, 2011, 05:35:03 PM
 #83

I am inclined to give BW the benefit of the doubt based upon the plausibility of his explaination on the events.

MoonShadow, I can appreciate the tack you take here, both in common-sense terms and because I'm a balls-out anarchist. No, neither the judge or prosecutor's words ought to be taken at face value. No, having state permission isn't necessarily the mark of a fair dealer.

I believe, though, that if you look at the documentation uncovered, there are really only a small number of possibilities:

1: The Bold Funding allegations were completely true;
2: The Bold Funding allegations were partly true and partly untrue; or
3: The Bold Funding allegations were completely untrue.

This, I believe, leads to:

A: Bruce did a lot of fraud; or
B: Bruce (believed he) was being railroaded by the system.


Yeah, I'm starting to see it more your way.  Off-book land contracts tend to be shady deals anyway, and those who set up such things are either family of the homeowner or a criminal looking to launder some cash.  People who are willing to deal with such people tend to be criminal in their own right.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
greyhawk
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September 02, 2011, 05:44:17 PM
 #84

That moderator scares me on so many levels.

I think he's hilarious. The other day a marijuana dealer came in here and I was starting to string him along inquiring about terracotta pots, when that moderator popped in actually believing I was trying to score some weed. 

No, I knew what you were doing.  I said that you were stupid.  The other guys for trying to deal in contraband on a public forum, and you for getting your identity involved at all.

Don't worry. I'm moderator of the steroids forum of Europe's biggest board on strength training for some years now. I know how far to go to stay in the clear in these cases.  Wink
Apate
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September 02, 2011, 11:37:16 PM
 #85

I didn't move this thread, nor have I deleted or moved any threads on this topic.  I locked the pot thread because permitting such things to continue invites legal liability to the ownership of this forum.  This is one reason that this forum is no longer part of bitcoin.org.

I was told Marketplace was the most suitable place for this thread but I've always said it should be in Bitcoin Discussion, so if you moved it back I'd be very pleased.

tips: 1NGTnHUFfWvo3K9KZjFrovojZDFDbTdDwm
MoonShadow
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September 03, 2011, 12:57:52 AM
 #86

I didn't move this thread, nor have I deleted or moved any threads on this topic.  I locked the pot thread because permitting such things to continue invites legal liability to the ownership of this forum.  This is one reason that this forum is no longer part of bitcoin.org.

I was told Marketplace was the most suitable place for this thread but I've always said it should be in Bitcoin Discussion, so if you moved it back I'd be very pleased.

Done.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Mjbmonetarymetals
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September 03, 2011, 09:56:46 PM
 #87

BitcoinPorn
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September 03, 2011, 10:04:29 PM
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Greatest Bitcoin comic ever.     This is like political cartoon level stuff here.  Someone sell this image to Gawker or some other sensationalist blogs for their next Bitcoin piece.

hmongotaku
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September 05, 2011, 05:37:22 AM
 #89

bitcoin millionaire!

qikaifu
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September 05, 2011, 01:08:53 PM
 #90

This post made me really sad.

If you see any of my suggestions useful, please donate me. http://btc.to/ec
mikegogulski
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September 05, 2011, 02:10:15 PM
 #91

This post made me really sad.
It's cool, daddy-o. Nothing but up, uP UP from here!

FREE ROSS ULBRICHT, allegedly one of the Dread Pirates Roberts of the Silk Road
DrYe5
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September 05, 2011, 02:21:26 PM
 #92

Core community members discuss secret information concerning identity of MyBitcoin operators:

http://agoristradio.com/?p=480 (@17 min)

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mikegogulski
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September 05, 2011, 02:49:35 PM
 #93

Core community members discuss secret information concerning identity of MyBitcoin operators:

http://agoristradio.com/?p=480 (@17 min)

Pfft, those dudes ain't core. Hiro's been asking for for long months now to get into the core, nothing doing.

FREE ROSS ULBRICHT, allegedly one of the Dread Pirates Roberts of the Silk Road
GoWest
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September 05, 2011, 03:26:45 PM
 #94

Now this quote makes sense.

lettucebee
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September 05, 2011, 07:51:17 PM
 #95

I didn't move this thread, nor have I deleted or moved any threads on this topic.  I locked the pot thread because permitting such things to continue invites legal liability to the ownership of this forum.  This is one reason that this forum is no longer part of bitcoin.org.

I was told Marketplace was the most suitable place for this thread but I've always said it should be in Bitcoin Discussion, so if you moved it back I'd be very pleased.

Done.

So why did this get moved back to Siberia?
lettucebee
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September 05, 2011, 08:29:55 PM
 #96

Core community members discuss secret information concerning identity of MyBitcoin operators:

http://agoristradio.com/?p=480 (@17 min)

Hiro:
Quote
"There's two things I can say about this, is the operators of Mybitcoin and people who have been involved with it since its inception have absolutely nothing to do in any shape or form of a relationship with Bruce Wagner. I know that because I know several of the people who have been involved with that and some of them I've known for many, many years and have worked with them and these guys are a completely separate operation. So the linking together--one of the things they brought up was 'Tom Williams' which I don't know this 'Tom Williams'--who was working with the Mybitcoin system...he has a name that is similar to someone who was involved with something with Bruce, a guy named 'Todd Williams' and they're trying to like link something...it is a complete coincidence. These guys have no link together. And I guess there was hosting at arvixe hosting system, that both of them had stuff at arvixe...okay, uhm, I know a lot of people who have stuff at arvixe and so just because there's a link between the two doesn't mean--it's all a coincidence on that. And also back to the accusation originally that Bruce was one of the big guys thrown out to Mybitcoin, that Mybitcoin basically stole the money and said that they've been hacked...okay, one I know some of the guys at Mybitcoin and I really don't think that that is the case at all. I know a lot of their philosophical and moral values and they...these guys are not any form of scammers, they're more interested in liberty and true, real money...from Occam Razor standpoint if you look at the accusation of them being hacked, I personally wasn't surprised when I found out they were hacked because...
[he then goes on to describe that Mybitcoin has a "nice, big, fat bitcoin wallet"--nothing more on the moral probity of his buddies.]

This statement is very, very unsatisfying for a couple of reasons. First, he dismisses any link between Bruce Wagner and Mybitcoin, which is his opinion and nothing more.  But second, who are Hiro's buddies at Mybitcoin?  I want names and I want them to go through the scrutiny that our little group has shown itself capable of.  We'll decide what kind of philosophical and moral values they have. It is time to start piecing together Hiro's past and just who these "guys at Mybitcoin" might be.
sadpandatech
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September 05, 2011, 09:05:29 PM
 #97


This statement is very, very unsatisfying for a couple of reasons. First, he dismisses any link between Bruce Wagner and Mybitcoin, which is his opinion and nothing more.  But second, who are Hiro's buddies at Mybitcoin?  I want names and I want them to go through the scrutiny that our little group has shown itself capable of.  We'll decide what kind of philosophical and moral values they have. It is time to start piecing together Hiro's past and just who these "guys at Mybitcoin" might be.

Sadly, thats about where I am at with it. I am still at the mindset of someone getting bailed on and left 'holding the bag' with this thing. Am very curious to see some more details on Hiro and friends though.

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
Mjbmonetarymetals
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September 05, 2011, 11:23:19 PM
 #98

lettucebee
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September 07, 2011, 05:21:03 PM
 #99

Core community members discuss secret information concerning identity of MyBitcoin operators:

http://agoristradio.com/?p=480 (@17 min)

I don't like to be a marketing rep for Hiro's program, but here is a recent email exchange:

On 09/06/2011 09:15 AM, Angus Boyd wrote:
> Hello Hiro,
> you gave a podcast of great interest to a lot of people when you talked
> about your long-term friends at mybitcoin.  Who are these friends of
> yours?  A lot of people were wronged in that situation and they are
> quite understandably seeking answers. The bitcoin community has proven
> very resourceful at sorting out who is innocent and who is guilty, and
> pretty fair in how they deal with each.
>
> I hope you respond to this message with useful information. 

Hello Angus. Stay tuned to future CoinBase episodes where I will talk
more of the subject.
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