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Author Topic: After Mark Karpeles declares bankruptsy  (Read 2250 times)
#Darren
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February 25, 2014, 12:38:22 PM
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I wonder how many tens of million he will have squirrelled away?
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#Darren
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February 25, 2014, 12:41:25 PM
 #2

I wonder how many tens of million he will have squirrelled away?

he will be killed
Search and Kill Mark Karpeles and all insiders involved

Don't mess with the Yakuza bro!
repentance
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February 25, 2014, 12:56:02 PM
 #3

He'll get a job at BFL.  He'll fit right in there.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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February 25, 2014, 01:05:07 PM
 #4

He'll get a job at BFL.  He'll fit right in there.
loving crypto humor since day #1

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DoctorOz
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February 25, 2014, 01:10:19 PM
 #5

them's the breaks..... I cannot imagine that he purposely went out to destroy a multi-million $$ business..... it happens to the best of them.

It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!
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February 25, 2014, 01:14:10 PM
 #6

them's the breaks..... I cannot imagine that he purposely went out to destroy a multi-million $$ business..... it happens to the best of them.

It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!


well if he can take $490 Mil now or slowly make $2 Mil a year in fees, its easy for some to take the $490 Mil now and run
plus who knows if the US govt pressured him into crashing bitcoin

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February 25, 2014, 01:43:14 PM
 #7

them's the breaks..... I cannot imagine that he purposely went out to destroy a multi-million $$ business..... it happens to the best of them.

It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!


well if he can take $490 Mil now or slowly make $2 Mil a year in fees, its easy for some to take the $490 Mil now and run
plus who knows if the US govt pressured him into crashing bitcoin

You think.... seriously someone making big cash, i mean big cash, is total numb and void to the concept of money.... it's only the peasants that groble for a few pennies...  could you imagine the hit to his ego that he's screwed up a business worth millions???  It's not so black and white.

Sure he could have taken the money and ran.... but where will he run to?  The moon?

I just think this is a classical case of someone who started something that just became to big for him.... you can't have the thinking of an entrepreneur and run a gigantic firm.... even Richard Branson makes the effort to employ corporate rats that are totally out of sync with his philosophy.... why, well simply it takes that type of person to manage a brutal system as his.....

Use history as your guidance, every great empire comes to an end, as it becomes too big for one man to manage, its just the way it is... unfortunately.... Why.  Business is about the rationality of money, not the emotional motivation that is the fuel behind any new idea or small business belief!

More than likely the same will happen with BTC.... it started out as an independent eco system but will need to evolve to function within the capitalistic structure.... ie, it will find a form of regulation - as long as its not the banks or government....
Money Raccoon
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February 25, 2014, 01:48:54 PM
 #8

them's the breaks..... I cannot imagine that he purposely went out to destroy a multi-million $$ business..... it happens to the best of them.

It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!

And that's why he should suffer the consequences.
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February 25, 2014, 01:52:04 PM
 #9

them's the breaks..... I cannot imagine that he purposely went out to destroy a multi-million $$ business..... it happens to the best of them.

It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!


well if he can take $490 Mil now or slowly make $2 Mil a year in fees, its easy for some to take the $490 Mil now and run
plus who knows if the US govt pressured him into crashing bitcoin

i dont think that he will (or can) enjoy his money...  Roll Eyes

DoctorOz
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February 25, 2014, 01:54:22 PM
 #10

them's the breaks..... I cannot imagine that he purposely went out to destroy a multi-million $$ business..... it happens to the best of them.

It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!


well if he can take $490 Mil now or slowly make $2 Mil a year in fees, its easy for some to take the $490 Mil now and run
plus who knows if the US govt pressured him into crashing bitcoin

i dont think that he will (or can) enjoy his money...  Roll Eyes

I think freedom is a more valuable asset than money.... lol....
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February 25, 2014, 01:56:05 PM
 #11

can't wait until Mark writes his autobiography..and makes a few mil more.... Being a Tyrant of Currency - The BTC story
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February 25, 2014, 02:08:06 PM
 #12

this is the cover of his book:


DoctorOz
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February 25, 2014, 02:09:50 PM
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you should send him an email.... be the publicist of his book?
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February 25, 2014, 02:15:31 PM
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Relevant: http://www.youtube.com/watch?v=29EgnYOYqpk

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February 25, 2014, 02:32:54 PM
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damn, if you are a german it isnt funny because i understand what they say Wink

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February 25, 2014, 03:00:21 PM
 #16

I think he'd want to wait until after he gets sued and a judgment comes down against him before entering bankruptcy.  Otherwise he'll be paying the judgment off his entire life.

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February 25, 2014, 03:35:42 PM
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I'd be surprised if you heard anything from him, for a very long time.
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