BTC is a high risk speculative asset. A BTC investor should know it.
Investors have risk that the price declines, however investors should not bear risk that their assets get stolen from the entity responsible holding them. 
Topic: [2014-07-23] YAHOO: Angry Bitcoin investors demand answers at Tokyo (Read 3810 times)
July 27, 2014, 04:18:58 AM
BTC is a high risk speculative asset. A BTC investor should know it.
You cant just say it like that. Investors carry on certain risk, ofc, but there definetly needs to be some regulation to stop thing like this from happening.
It is not the first case of bitcoin missuse, and scamming through bitcoin, and that is one of reasons bitcoin doesnt have more investors.
Some say regulation will ruin bitcoin due to centralisation of some kind, but actualy heavy regulations are needed to give bitcoin a chance to move forward.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
July 27, 2014, 02:44:34 AM
BTC is a high risk speculative asset. A BTC investor should know it.
Investors have risk that the price declines, however investors should not bear risk that their assets get stolen from the entity responsible holding them. True enough a person who keeps their wallets in cold storage runs virtually zero risk of ever having their coins stolen will call it the Dooglus model since just-dice is the best example of it.
Mark also apparently did not code his site well so yah....
July 26, 2014, 04:16:41 PM
BTC is a high risk speculative asset. A BTC investor should know it.
Investors have risk that the price declines, however investors should not bear risk that their assets get stolen from the entity responsible holding them. July 26, 2014, 04:06:25 PM
BTC is a high risk speculative asset. A BTC investor should know it.
You cant just say it like that. Investors carry on certain risk, ofc, but there definetly needs to be some regulation to stop thing like this from happening.
It is not the first case of bitcoin missuse, and scamming through bitcoin, and that is one of reasons bitcoin doesnt have more investors.
Some say regulation will ruin bitcoin due to centralisation of some kind, but actualy heavy regulations are needed to give bitcoin a chance to move forward.
July 26, 2014, 10:56:47 AM
BTC is a high risk speculative asset. A BTC investor should know it.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
July 26, 2014, 05:39:42 AM
...
This one was amusing though
I only invest in currency that can make this claim: "In God we trust that... anyone try to mess with this currency, we will send CIA/FBI to your doors, if any country mess with this currency, we will nuke you".
^_^ Classic.
This one was amusing though
I only invest in currency that can make this claim: "In God we trust that... anyone try to mess with this currency, we will send CIA/FBI to your doors, if any country mess with this currency, we will nuke you".
^_^ Classic.
May I ask why you find that amusing?
http://www.youtube.com/watch?v=lhol3zIoynE
Nice video Bit_Happy
And you know the good old central fiat printing bank promoting wars and what not to enforce their currency because its nowhere near worth that value otherwise.
I did enjoy your song choice and the drums good song choice ^_^
Nothing wrong with peace love and understanding nothing at all
Heres one back Peace
https://www.youtube.com/watch?v=K-69_ncALA0&
They want your soul
https://www.youtube.com/watch?v=XvwK-3cQ6gE
Now where the Hood At
https://www.youtube.com/watch?v=IIeSGUK-Lyo
July 26, 2014, 03:36:37 AM
...
This one was amusing though
I only invest in currency that can make this claim: "In God we trust that... anyone try to mess with this currency, we will send CIA/FBI to your doors, if any country mess with this currency, we will nuke you".
^_^ Classic.
This one was amusing though
I only invest in currency that can make this claim: "In God we trust that... anyone try to mess with this currency, we will send CIA/FBI to your doors, if any country mess with this currency, we will nuke you".
^_^ Classic.
May I ask why you find that amusing?
http://www.youtube.com/watch?v=lhol3zIoynE
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
July 25, 2014, 09:42:42 PM
Reading some yahoo comments on this here are a few lowlights but then an army of informed people who provided counter commentary but since the subsequent posts are not showing anything at all unless you press on them kind of keeps the FUD on top lol.
Warren Buffet, the smartest and one of the richest investors in the world, has said that bitcoin is going to zero.
Then all the comments on that
He has the same sentiments about gold.
There is a huge different between bitcoin and gold. Gold is a commodity which actually has value. Bitcoin has no value. Not that I would invest in gold, it's speculative at best. Almost any other investment will beat gold over the long run.
Gold is worth $1300 per oz only because that's how much people will pay for it. Bitcoins are worth $600 because that's how much people will pay for one. There is no difference in how they get their value.
This one was amusing though
I only invest in currency that can make this claim: "In God we trust that... anyone try to mess with this currency, we will send CIA/FBI to your doors, if any country mess with this currency, we will nuke you".
^_^ Classic.
Warren Buffet, the smartest and one of the richest investors in the world, has said that bitcoin is going to zero.
Then all the comments on that
He has the same sentiments about gold.
There is a huge different between bitcoin and gold. Gold is a commodity which actually has value. Bitcoin has no value. Not that I would invest in gold, it's speculative at best. Almost any other investment will beat gold over the long run.
Gold is worth $1300 per oz only because that's how much people will pay for it. Bitcoins are worth $600 because that's how much people will pay for one. There is no difference in how they get their value.
This one was amusing though
I only invest in currency that can make this claim: "In God we trust that... anyone try to mess with this currency, we will send CIA/FBI to your doors, if any country mess with this currency, we will nuke you".
^_^ Classic.
July 25, 2014, 09:22:07 PM
I doubt these protests can lead to anything, Unless someone is caught with the coins which is unlikely with the nature of bitcoin/mixing. This also give excuses to agencies and governments to demand regulation for BTC.
A lot of USD deposits missing as well, obvious scam. It is the same as if I run online shop and used the customer money after their order for my expences and not delivering the ordered goods.
July 25, 2014, 09:16:39 PM
I just don't see how they can recover something.
They will get a fraction of their original deposit. Somewhere around 20% to 25%. Several of the big investors lost more than BTC10,000. They will get somewhere around BTC2,000 to BTC2,500 back. And that is not a bad amount. Even at today's exchange rate, that will make them USD millionaires. They made the mistake by keeping their coins in an exchange. I hope now they will deal with their coins more carefully.
This is very optimistic since the court and lawyer costs will be HUGE.
Also, if Sunlot Holdings gets "awarded" with a green light for their plan, then expect your friend to receive almost nothing, ever...
....sorry.
July 25, 2014, 09:04:43 PM
Angry Bitcoin investors demand answers at Tokyo creditors' meet
http://news.yahoo.com/angry-bitcoin-investors-demand-answers-tokyo-creditors-meet-114524119.html
I am feeling sorry for them... but IMO, these protests are useless.
http://news.yahoo.com/angry-bitcoin-investors-demand-answers-tokyo-creditors-meet-114524119.html
Quote
Bitcoin investors voiced anger Wednesday after the first creditors' meeting for failed Tokyo trading exchange MtGox, whose spectacular collapse hammered the digital currency's reputation and left a trail of unanswered questions.
I am feeling sorry for them... but IMO, these protests are useless.
The title sould be: Angry MtGox Traders
I wonder if they'll ever get their money back.. meanwhile Mark is living in a nice suite.
July 25, 2014, 08:01:47 AM
Angry Bitcoin investors demand answers at Tokyo creditors' meet
http://news.yahoo.com/angry-bitcoin-investors-demand-answers-tokyo-creditors-meet-114524119.html
I am feeling sorry for them... but IMO, these protests are useless.
http://news.yahoo.com/angry-bitcoin-investors-demand-answers-tokyo-creditors-meet-114524119.html
Quote
Bitcoin investors voiced anger Wednesday after the first creditors' meeting for failed Tokyo trading exchange MtGox, whose spectacular collapse hammered the digital currency's reputation and left a trail of unanswered questions.
I am feeling sorry for them... but IMO, these protests are useless.
The title sould be: Angry MtGox Traders
I wonder if they'll ever get their money back.. meanwhile Mark is living in a nice suite.
July 25, 2014, 06:49:33 AM
I just don't see how they can recover something.
They will get a fraction of their original deposit. Somewhere around 20% to 25%. Several of the big investors lost more than BTC10,000. They will get somewhere around BTC2,000 to BTC2,500 back. And that is not a bad amount. Even at today's exchange rate, that will make them USD millionaires. They made the mistake by keeping their coins in an exchange. I hope now they will deal with their coins more carefully.
Where are you numbers coming from?
Can you post a link?
Thanks!
July 25, 2014, 03:01:25 AM
I doubt these protests can lead to anything, Unless someone is caught with the coins which is unlikely with the nature of bitcoin/mixing. This also give excuses to agencies and governments to demand regulation for BTC.
A lot of USD deposits missing as well, obvious scam. It is the same as if I run online shop and used the customer money after their order for my expences and not delivering the ordered goods.
July 25, 2014, 02:29:18 AM
I just don't see how they can recover something.
They will get a fraction of their original deposit. Somewhere around 20% to 25%. Several of the big investors lost more than BTC10,000. They will get somewhere around BTC2,000 to BTC2,500 back. And that is not a bad amount. Even at today's exchange rate, that will make them USD millionaires. They made the mistake by keeping their coins in an exchange. I hope now they will deal with their coins more carefully.
July 24, 2014, 11:07:07 AM
Why is there no Asset seizures? Leave them with nothing, they smiling all the way to the bank and other must suffer for their obvious mistakes.
Mt.gox is leaving a sour taste in their governments mouths, and the innocent will suffer for their mistakes.
Mt.gox is leaving a sour taste in their governments mouths, and the innocent will suffer for their mistakes.
July 24, 2014, 05:39:51 AM
I doubt these protests can lead to anything, Unless someone is caught with the coins which is unlikely with the nature of bitcoin/mixing. This also give excuses to agencies and governments to demand regulation for BTC.
July 24, 2014, 04:56:04 AM
I just don't see how they can recover something.
They will get a fraction of their original deposit. Somewhere around 20% to 25%. Several of the big investors lost more than BTC10,000. They will get somewhere around BTC2,000 to BTC2,500 back. And that is not a bad amount. Even at today's exchange rate, that will make them USD millionaires. They made the mistake by keeping their coins in an exchange. I hope now they will deal with their coins more carefully.
July 24, 2014, 03:32:29 AM
Angry Bitcoin investors demand answers at Tokyo creditors' meet
http://news.yahoo.com/angry-bitcoin-investors-demand-answers-tokyo-creditors-meet-114524119.html
I am feeling sorry for them... but IMO, these protests are useless.
http://news.yahoo.com/angry-bitcoin-investors-demand-answers-tokyo-creditors-meet-114524119.html
Quote
Bitcoin investors voiced anger Wednesday after the first creditors' meeting for failed Tokyo trading exchange MtGox, whose spectacular collapse hammered the digital currency's reputation and left a trail of unanswered questions.
I am feeling sorry for them... but IMO, these protests are useless.
I just don't see how they can recover something.
Jump to: