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Author Topic: 2015-02-10 NYtimes - Hong Kong central bank virtual currency investment warning  (Read 1120 times)
Ayle56
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February 10, 2015, 01:19:13 PM
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"Hong Kong’s central bank has warned against investing in virtual currencies"

http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=1
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aigeezer
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February 10, 2015, 01:52:37 PM
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Standard hatchet piece - Wall Street grasps another straw.

They included MyCoin, Gox, the price slump, money laundering, extremist groups - the usual.

Edit: forgot to cite this quote, which might demonstrate their level of understanding or perhaps their target audience:

“Bitcoins are created through a “mining” process in which a computer’s resources are used to perform millions of calculations.”


LiteCoinGuy
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February 10, 2015, 03:56:38 PM
Last edit: February 10, 2015, 05:48:05 PM by LiteCoinGuy
 #3

we need no Bitcoin warning, we need a Scam-Company warning  Roll Eyes


"please stay away from the dollar, you could lose money" (-> Lehman Brothers etc)

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February 11, 2015, 06:04:05 PM
 #4

MyCoin Customers Report $8.1 Million in Losses to Hong Kong Police

http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/

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