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Author Topic: I'm leaving Bitcoin  (Read 56509 times)
allten
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May 15, 2012, 06:30:16 PM
 #121

In November, an investor approached me to acquire Bitcoinica. Due to regulatory concerns, I agreed to the deal and signed the agreement. Bitcoinica was sold for a good price. However, since the investor is unable to arrange for a replacement team, I continued to become the sole operator until Team Intersango took over two weeks ago. The investor let me keep all profits until late January, the official handover time. After handover, he continued to offer generous salary and performance bonus every month.

Did you not retain any share in bitcoinica? It would have been a useful way of keeping an interest in the company while enabling you to detatch from anything related to the daily running of it.

I could choose to but I didn't. There is regulatory risk and I want to avoid it as much as possible.

Zhou, What is your current relationship with the Bitcoinica business? Have you already said your good byes?
It's in a complete PR Fiasco right now and you have always been their PR man.

It needs a splash page ASAP.
Your announcements need to be sent out by email! not just here on the forum.
And a blog spot with at least daily updates (can be brief).

Please address this issue. Thanks.


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rjk
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May 15, 2012, 07:02:04 PM
 #122


It needs a splash page ASAP.



Well they've had this one up for a couple of days now...

http://www.bitcoinica.com/

 Huh
I'm not able to access it, wonder if my DNS records are stale.

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benjamindees
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May 15, 2012, 07:57:17 PM
 #123

Do you really believe bitcoinica is helping reduce volatility ??

yes,and i think this was the reason why somebody hack bitcoinica twice

Ding-ding.

Quote from: The FBI
If Bitcoin stabilizes and grows in popularity, it will become an increasingly useful tool
http://betabeat.com/2012/05/14/fbi-that-bitcoin-report-was-authentic-but-it-wasnt-leaked-by-us/


LulzSec leader works for FBI
US intelligence uses private mercenary hackers to bypass "policy restrictions" and target activists


Quote from: Dept. of Justice
Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism.  We are determined to meet these threats through infiltration, disruption, and dismantling
http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm

Look, the people in charge of the US government are total criminals, with about a 12% approval rating.  When they aren't running drugs and guns and engaging in torture and murder all over the world, they're running hackers and other false flag attacks on anyone who attempts to insulate themselves from their ineptitude.  This has been well documented going back generations, and it's always the same incestuous group of drug kingpins from both sides of the political spectrum running the intelligence agencies, big banks, and military-industrial complex to traffick illicit goods, launder money and abuse governmental power in order to shut down their competition and rake in obscene profits.

And at this point, due to their "creative destruction" of trillions of dollars in real wealth in failed wars and various ponzi schemes, they have access to a ready army of millions of welfare zombies and middle-class soccer-moms with napoleon complexes ready to turn on anyone who refuses to march lockstep with them towards their global fascist nightmare.

Civil Liberty Through Complex Mathematics
muyuu
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May 16, 2012, 07:30:04 AM
 #124


It needs a splash page ASAP.



Well they've had this one up for a couple of days now...

http://www.bitcoinica.com/

 Huh
I'm not able to access it, wonder if my DNS records are stale.

If you visited bitcoinica before, your browser's autocomplete will send you to https (which is not working) instead. You have to edit that bit out or fill the http part as well, depending on the browser.

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
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derpberp
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September 18, 2014, 10:21:13 PM
 #125

Congrats sir. You not only did an absolutely amazing thing for the Bitcoin community, but you also made a savy 1,000 BTC investment and are now sitting on a small fortune. Very happy for you - I think this is probably my favorite bitcoin success story - why? Because it ended up having a good ending even after a huge hacking like bitcoinica - GO Zhou Tong!!!

(roger ver's new bounty site brought me here) Smiley
JB1988
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September 18, 2014, 10:29:09 PM
 #126

This is sad.. Sad
Vod
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September 18, 2014, 10:31:11 PM
 #127

This is sad.. Sad

Agreed.  Bumping a two year old thread.   Undecided

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Gleb Gamow
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September 18, 2014, 10:50:57 PM
 #128

This is sad.. Sad

Agreed.  Bumping a two year old thread.   Undecided

Now, this bump was totally unexpected, for see my last post.
derpberp
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September 18, 2014, 11:20:54 PM
 #129

Why is it sad? Did I miss something? He has 440k worth of bitcoin he bought for cheap, plus a time when he owned tons (and probably quite a bit of USD profit as well from bitcoinica). I thought it was pretty cool to see now 2 years later that he actually still came out on top even after everything.
pikabit
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September 19, 2014, 06:08:26 PM
 #130

1000 btc? i only have one  Cry
grandFX
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September 19, 2014, 06:15:36 PM
 #131

hemm.. I never leaving bitcoin
because i believe bitcoin best coins to trading and shoping.
felipelalli
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September 19, 2014, 06:24:37 PM
 #132

Good "buy".  Grin

https://www.youtube.com/watch?v=5WiXMcsfvXE
bornil267645
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AltoCenter.com


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September 19, 2014, 07:14:14 PM
 #133

I left bitcoin a long time ago. Cool Cool

mezmerizer9
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September 19, 2014, 10:50:41 PM
 #134

I just got into btc and it's getting better and better, just waiting for the price going up. Bought my first tablet with btc. There's no reason to leave btc now. Cheesy


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kamudimana
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September 20, 2014, 02:03:59 AM
 #135

Damn sad ....
Gyrsur
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August 24, 2015, 08:36:11 PM
 #136

let us wait what the tokyo police will find out.

guddu raj
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August 25, 2015, 09:19:15 AM
 #137

why are you leaving bitcoin??
have any problem with bitcoin.
the problem of hacking wallet is biggest problem.
kelsey
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August 25, 2015, 09:33:35 AM
 #138

why are you leaving bitcoin??
have any problem with bitcoin.
the problem of hacking wallet is biggest problem.

look at the OPs date. someone bumped an old thread.

OP still very much still in bitcoin, owns coinjar.

dothebeats
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August 25, 2015, 09:39:35 AM
 #139

why are you leaving bitcoin??
have any problem with bitcoin.
the problem of hacking wallet is biggest problem.

look at the OPs date. someone bumped an old thread.

OP still very much still in bitcoin, owns coinjar.



Necroposting at its finest.  Roll Eyes Coinjar is doing good, and if op owns the service, then he's not leaving bitcoin then. Smiley

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LiteCoinGuy
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November 09, 2015, 04:43:26 PM
 #140

why are you leaving bitcoin??
have any problem with bitcoin.
the problem of hacking wallet is biggest problem.

look at the OPs date. someone bumped an old thread.

OP still very much still in bitcoin, owns coinjar.



Bitcoinica Theft of 40,000 btc in July 2012


https://www.youtube.com/watch?v=AypRF9q0llU

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