[ANN] Bitcoinica Consultancy abandons customers. Bitcoinica to enter Liquidation

[MPOE-PR]

One'd refuse very butch lumberjacks at her peril.



Enjoy.

[Raoul Duke]

That paste has since been deleted. Anyone have copies?

If you let me lick your toes. 

One'd refuse very butch lumberjacks at her peril.

http://polimedia.us/dtng/c/src/13559978937.jpg

Enjoy.

Holy Mother of God! No sleep for 10 days!  Thanks a lot... 

[MPOE-PR]

Holy Mother of God! No sleep for 10 days!

Can you actually go at it for that long?!

[Phinnaeus Gage]

Holy Mother of God! No sleep for 10 days!

Can you actually go at it for that long?!

Psy da man!

I assume that link worked for what you may have needed it for.

BTW, nice toes. Next time I'll more specific and request the dromedary kind.

[davout]

One'd refuse very butch lumberjacks at her peril.



Enjoy.

You could use a pedicure

[Phinnaeus Gage]

One'd refuse very butch lumberjacks at her peril.



Enjoy.

You could use a pedicure

Fuck the pedicure, for I want them, as theymos would say, au naturel. But before I work my way south to them scrumptioustoes... (I hope Maria doesn't see this post)

[rebroad]

Given that shit already hit the fan you guys might as well know that Donald will be enjoying the Portuguese sun for a month.

Given this whole mess he really should be needing some vacations

Do you know this to be the case or just joking? Inference that he is jetting off on Bitcoinica customer's money?


BB.

I'm serious.
He contacted me to hook him up with the Lisbon bitcoin scene.
No, I don't live in Lisbon.
Some interested parties were made aware of this fact, I just didn't relay it in the forums.
Given this statement by Tihan I don't see the point on keeping it a secret anymore.

BTW, I'm not infering that he's spending Bitcoinica's customers money. Just that he decided to take some time off when he should be working his ass off to make all of you whole after this mess.

Is it possible that intersango bought only Bitcoinica's assets and none of their debts?

[phantomcircuit]

Given that shit already hit the fan you guys might as well know that Donald will be enjoying the Portuguese sun for a month.

Given this whole mess he really should be needing some vacations

Do you know this to be the case or just joking? Inference that he is jetting off on Bitcoinica customer's money?


BB.

I'm serious.
He contacted me to hook him up with the Lisbon bitcoin scene.
No, I don't live in Lisbon.
Some interested parties were made aware of this fact, I just didn't relay it in the forums.
Given this statement by Tihan I don't see the point on keeping it a secret anymore.

BTW, I'm not infering that he's spending Bitcoinica's customers money. Just that he decided to take some time off when he should be working his ass off to make all of you whole after this mess.

Is it possible that intersango bought only Bitcoinica's assets and none of their debts?

Intersango did not purchase any part of Bitcoinica.

Bitcoinica did not purchase any part of Intersango.

This is a lie that has been pushed by Roger Ver who is an owner in businesses who are direct competitors with Intersango.

Let me repeat.  It's a lie.

[Rick James]

Intersango did not purchase any part of Bitcoinica.

Bitcoinica did not purchase any part of Intersango.

This is a lie that has been pushed by Roger Ver who is an owner in businesses who are direct competitors with Intersango.

Let me repeat.  It's a lie.

This BITCH talking about lies.

FUCK YOU PATRICK.

WHERE'S THE BITCOINICA MONEY, BITCH?

[disclaimer201]

Undecided whether Patrick is a pathological liar or a sociopathic liar. I tend towards the latter though.

[MemoryDealers]

Intersango did not purchase any part of Bitcoinica.

Bitcoinica did not purchase any part of Intersango.

This is a lie that has been pushed by Roger Ver who is an owner in businesses who are direct competitors with Intersango.

Let me repeat.  It's a lie.

I don't think I ever said either of those things,  and I'm not a part owner of any active bitcoin exchange that would be considered a direct competitor to you.

You do however owe me around 24,000 BTC and have been rather rude about it.

[MelMan2002]

...and have been rather rude about it.

Understatement of the year..

[John (John K.)]

..You do however owe me around 24,000 BTC and have been rather rude about it....

Owned.

[disclaimer201]

Turns out today that Bitmarket.eu was heavily invested in Bitcoinica and got owned as well. Along with most of its customers. Admin held it a secret for half a year until he ran out of funds very recently. A perfect date for the end of yet another exchange.

Just when you thought Team Zhou/Intersango couldn't fuck the Bitcoin project up any more, months later you find out the clusterfuck is even larger than life. That's what they call a domino effect.

Good thing I switched my passion to litecoins a long time ago. No disasters as of yet.

[MPOE-PR]

Turns out today that Bitmarket.eu was heavily invested in Bitcoinica and got owned as well. Along with most of its customers. Admin held it a secret for half a year until he ran out of funds very recently. A perfect date for the end of yet another exchange.

Just when you thought Team Zhou/Intersango couldn't fuck the Bitcoin project up any more, months later you find out the clusterfuck is even larger than life. That's what they call a domino effect.

Good thing I switched my passion to litecoins a long time ago. No disasters as of yet.

I really doubt some random idiot going 1000:1 on customer funds can be pinned in any way on Bitcoinica. His "strategy" would have failed regardless.

[repentance]

Turns out today that Bitmarket.eu was heavily invested in Bitcoinica and got owned as well. Along with most of its customers. Admin held it a secret for half a year until he ran out of funds very recently. A perfect date for the end of yet another exchange.

Just when you thought Team Zhou/Intersango couldn't fuck the Bitcoin project up any more, months later you find out the clusterfuck is even larger than life. That's what they call a domino effect.

Good thing I switched my passion to litecoins a long time ago. No disasters as of yet.

He was using customer funds to short Bitcoin.  You can't blame Bitcoinica for that.  Chances are that he would have kept chasing his losses had Bitcoinica not folded.  At least Bitcoinica's liquidation means there's some possibility of a portion of customer funds being recovered, although that's not much compensation for the fact that someone essentially used their funds to play at the casino without their permission.

Also, businesses making claims in the liquidation should be doing so as businesses and not as individuals.  So at least claim as "Joe Smith trading as Bitcoin Scam 5" instead of just "Joe Smith" - otherwise there are going to be even more legal shit-fights.

[disclaimer201]

You are right. I just hate anything bitcoinica muchly. There is no excuse. I sent quite a few bitcoins to bitcoinica myself not speculating at all, but just receiving the daily interest in USD and BTC. Nowhere would you get interest just for owning bitcoins instead. I didn't expect it would go tits up as fast as it did. Damn.

[HorseRider]

Turns out today that Bitmarket.eu was heavily invested in Bitcoinica and got owned as well. Along with most of its customers. Admin held it a secret for half a year until he ran out of funds very recently. A perfect date for the end of yet another exchange.

Just when you thought Team Zhou/Intersango couldn't fuck the Bitcoin project up any more, months later you find out the clusterfuck is even larger than life. That's what they call a domino effect.

Good thing I switched my passion to litecoins a long time ago. No disasters as of yet.

Oh, shit.

I'm not familiar with bitmarket.eu. If I were the victim, I would build a profile of them on internet. This should be put into the personal credit reports of them. At least, we community should build the credit records for the scammers. The scammer tag is a very simple start.

[Herodes]

Being a problem gambler is one thing. Gambling with other people's money without them knowing about it, is the lowest of the low, jailtime is a good idea.

[MPOE-PR]

Also, businesses making claims in the liquidation should be doing so as businesses and not as individuals.  So at least claim as "Joe Smith trading as Bitcoin Scam 5" instead of just "Joe Smith" - otherwise there are going to be even more legal shit-fights.

What you say is correct but it has significant practical implications, in the sense that if he does claim as a company the fiscal authorities in his country will probably regard the entire thing in such a light as to give him decent odds of an unsuspended jail sentence. So he won't be doing that.

Nowhere would you get interest just for owning bitcoins instead.

You're wrong. And iirc this was available since before Bitcoinica.