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Author Topic: Unjust scammer tag  (Read 48010 times)
smoothie
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January 03, 2015, 08:21:47 AM
 #721

He sold his the coins for 6.25 GBP each? LOL

LOL it would be funny to hear from him and what he is doing now given he sold his coins early on.


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needFREElunch
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January 03, 2015, 08:30:12 AM
 #722

He sold his the coins for 6.25 GBP each? LOL

LOL it would be funny to hear from him and what he is doing now given he sold his coins early on.



I sold just over 1000BTC when it hit $30 for the second time and held onto a lot less BTC than that. Laugh all you want I still made mad profit, hind-sight is a bitch.
You could have been a millionaire if you had waited just a few more years. I am pretty sure that many others sold at peaks when they had purchased at pennies.

I would be willing to entertain other options for repayment since I have no legal recourse whereby to settle the debt. You can contact me via PM or I can call you on your phone number ending in "2463" if interested. I know about and have followed your other accounts on this forum and elsewhere. Congrats on the new Virgin cable modem with a MAC ending in "1504".
If there is no recourse then there is little incentive for him to repay you. Even if you can hack his computer/find his IP ect. there is nothing you can do about the debt without breaking the law :/

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January 03, 2015, 08:41:13 AM
 #723

You could have been a millionaire if you had waited just a few more years. I am pretty sure that many others sold at peaks when they had purchased at pennies.

I could've won the lottery too, if only I picked the right numbers...

When you factor in taxes it doesn't look too pretty anyway, it'd still be far off a million, the taxman would've pretty much taken the lot. And yeah you're right about people who bought at pennies selling for dollars, it's hard to turn down xx,xxx% ROI especially when the price starts crashing back down.
If you purchased them verses mined them then any gain would be treated as a long term capital gain (assuming you are in the US). If you had a cost basis of zero then 1,000 BTC times ~$1,100 would be 1,100,000 gross, minus 20% would be ~$880,000. While this is not a million dollars it is very close

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January 03, 2015, 11:45:51 PM
 #724

Thats very detailed info. I assume you're also aware of his identity as well as his place of residence, then?

Yes, trust me, I know more about him now than I care to, honestly. Tongue

Quote
Are you asking for a BTC refund? Considering the price jump, I would say its very unlikely unless you threaten him legally.

No. I think I'd be happy with $225, since that's what he sold them for. You're right, I've looked into it and I can't collect on a debt across national jurisdictions without having to spend far more than it's worth. Fiat MUST be considered acceptable for US debts, so I think the most I could get out of him would be $225, but I'd accept it in Bitcoin. I think I'd rather just settle this and get it over with at this point, and I imagine that old of an account *might* be worth the cost to him to get rid of my negative trust and clear up debts.

Laugh all you want I still made mad profit, hind-sight is a bitch.

I think you'd be hard pressed to find anyone from 2011/2012 that didn't sell at least SOME coin when it popped past the last all-time high since it was profit time for most of us, especially miners. I sold a decent chunk myself around $37. And I think I take the same position as you, hindsight might be a bitch, but I sure made a profit on it at least. Only thing I didn't like was the amount that went to the IRS when I could have spent it on family and fixing up my home. Oh well.
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January 04, 2015, 12:35:11 AM
 #725

Wow, second old post in a row. I bet he sold them, it has been a long time. He was last online in 2013.

Thats very detailed info. I assume you're also aware of his identity as well as his place of residence, then?

Yes, trust me, I know more about him now than I care to, honestly. Tongue

See how a visit to his house treats him...  Wink
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