Bitinstant brokering extortion threats? - page 6.

cypherdoc

legendary

Activity: 1764

Merit: 1002

I agree -- between this and the Satoshi Dice "IPO" I think Erik is doing irreversible damage to Bitinstant's reputation.

I don't understand what he is thinking/going through to be acting in such a volatile way.

whats going on with the SD IPO?

BitPay Business Solutions

hero member

Activity: 742

Merit: 500

Quote from: benjamindees on September 08, 2012, 01:58:06 AM

It isn't extortion. It's a tax.

eldentyrell

donator

Activity: 980

Merit: 1004

felonious vagrancy, personified

Quote from: benjamindees on September 08, 2012, 01:58:06 AM

It isn't extortion. It's a tax.

http://en.wikipedia.org/wiki/Extortion

benjamindees

legendary

Activity: 1330

Merit: 1000

It isn't extortion. It's a tax.

eldentyrell

donator

Activity: 980

Merit: 1004

felonious vagrancy, personified

Quote from: FreeMoney on September 08, 2012, 01:51:18 AM

Maybe your next OP can be "MTGOX funding online gambling!"

You appear to misunderstand the general public's relative opinion of gambling vs extortion. Or drug use vs extortion if your next post was going to mention silk road -- let me save you the trouble of posting.

finkleshnorts

sr. member

Activity: 336

Merit: 250

TBH, it seemed a bit distasteful to me.

FreeMoney

legendary

Activity: 1246

Merit: 1014

Strength in numbers

Quote from: eldentyrell on September 08, 2012, 01:50:20 AM

My jaw is still on the floor after reading this:

http://blog.bitinstant.com/blog/2012/9/6/a-friendly-offer-for-mitt-romney.html

Have the people who run bitinstant gone completely and utterly nuts?

Never mind the fact that the threat is certainly a hoax; the hoaxers didn't even bother including even the simplest proof that they actually have the goods (i.e. FY2009 page 12 line 13 is $18.99). The average person on the street who reads the Forbes article about your idiotic offer does not know this. All they see is the biggest retail player in the bitcoin world offering to broker an extortion threat. How on earth could you possibly think this would be a good thing either for bitcoin or for your business?

Congratulations, Erik Voorhees. You are responsible for event most damaging to bitcoin's reputation thus far. Way to go.

Maybe your next OP can be "MTGOX funding online gambling!"

eldentyrell

donator

Activity: 980

Merit: 1004

felonious vagrancy, personified

My jaw is still on the floor after reading this:

http://blog.bitinstant.com/blog/2012/9/6/a-friendly-offer-for-mitt-romney.html

Have the people who run bitinstant gone completely and utterly nuts?

Never mind the fact that the threat is certainly a hoax; the hoaxers didn't bother including even the simplest proof that they actually have the goods (i.e. FY2009 page 12 line 13 is $18.99). The average person on the street who reads the Forbes article about your idiotic offer does not know this. All they see is the biggest retail player in the bitcoin world offering to broker an extortion threat. How on earth could you possibly think this would be a good thing either for bitcoin or for your business?

Congratulations, Erik Voorhees. You are responsible for event most damaging to bitcoin's reputation thus far. Way to go.

Topic: Bitinstant brokering extortion threats? - page 6. (Read 7313 times)