Author

Topic: Do you feel safe with Brock Pierce gaining access to your personal data? (Read 1088 times)

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
The data is already in the hand of hackers and any day it can land in public. But, unless u r a criminal, it should not bother u much. What bothers me more, is how the people who lost money & coins at Gox are becoming shareholder. Brock is getting an army of bitcoiners to praise for Gox. A lot of newbies will fall for this trap and start joining Gox and the only motto shareholders will have is to get back their locked money & coin (with some extra profit). I'm not sure how this whole thing is gonna impact the coin price. I heard blockchain.info may work with Gox too. Overall, a tide is coming... effect is unknown !!!

there were no hackers. karpeles has the coins in secret cold stores. he then knew his excuse was week so pasted his own datadump, using his own username and then claimed hackers rehacked him and dumped data. thats his legal defense(false alibi creation)

with a utility bill, a copy of driving licence, karpeles, pierce can easily set up new bank accounts, credit cards. and cause people more personal debt. (identity theft)

pierce wants to have 84% ownership of gox and give 16% to those in debt. if you do th maths of the 800kcoins lost that puts each bitcoin debtor as being a 2% shareholder per 100k coins or a 0.2% shareholder per 10k btc
0.02% shareholder for 1kcoins
0.002% shareholder for 100btc (ill leave you to break it down to measure how much share holdings you will receive.)

next pierce will do the following
imagine after 1 year, mtgox earns ~50kbtc from fee's (guestimate 136kvolume per day @ 0.1%fee=136coin/day=49640/year fee's)
pierce will first take a cut out to cover costs.
so his CEO wage lets say he is $150,000 salary ~3000btc
he then takes out travel expenses hotels fine food ~1000btc (all business expenses for him and his associates to have weekly meetings)
he then takes out operational costs. oh and by the way he will most probably employ himself as advisor/securtiy or something ~1000btc

you might start seeing the pattern here, he is already mounting up to syphon off 5k bitcoins
now thats a nice 10% cut in his side pocket. leaving 45k coins.
so he is 84% shareholder. that means out of 45k coins left he takes 37800btc and leaves 7200btc.

this 7200 is then divided up to the customers in debt. so that means this:
100k coin debt= 900coins dividend
10k coin debt=90 coin dividend
1k coin debt=9 coin dividend
100coin debt=0.9coin dividend
10coin debt=0.09coin dividend

basically if mtgox owes you $4500 in todays prices, you will only get $4.05 as a yearly dividend


one of his 'supporters' has already been highlighted and had their anonimity removed. beaugas is a dead friend of pierce. and there are a few other people too. they are easy to spot because they spout out the same statement "he seems such a nice guy". you may recognise these words as the same words you hear people around conmen use. then after getting stung by the conmen, if they are not in on the game the motto then becomes 'i would never in a million years expect this from him, he seemed such a nice guy'



this is why its best to know the strategies he has employed in the past to get alot of money and leave people in debt. his history is to leave people with small dividends and then slowly offer them more % of the share, until he can walk away from the company with no ties....... then the ball drops and the share holders are left accountable to new customers.




GoCoin probably already went through their $500K USD VC funding with little to show for it.

Care to guess which ones of the following TRULY did put up VC and which ones close to Brock Pierce only claimed to put up funds?

legendary
Activity: 4410
Merit: 4766
The data is already in the hand of hackers and any day it can land in public. But, unless u r a criminal, it should not bother u much. What bothers me more, is how the people who lost money & coins at Gox are becoming shareholder. Brock is getting an army of bitcoiners to praise for Gox. A lot of newbies will fall for this trap and start joining Gox and the only motto shareholders will have is to get back their locked money & coin (with some extra profit). I'm not sure how this whole thing is gonna impact the coin price. I heard blockchain.info may work with Gox too. Overall, a tide is coming... effect is unknown !!!

there were no hackers. karpeles has the coins in secret cold stores. he then knew his excuse was week so pasted his own datadump, using his own username and then claimed hackers rehacked him and dumped data. thats his legal defense(false alibi creation)

with a utility bill, a copy of driving licence, karpeles, pierce can easily set up new bank accounts, credit cards. and cause people more personal debt. (identity theft)

pierce wants to have 84% ownership of gox and give 16% to those in debt. if you do th maths of the 800kcoins lost that puts each bitcoin debtor as being a 2% shareholder per 100k coins or a 0.2% shareholder per 10k btc
0.02% shareholder for 1kcoins
0.002% shareholder for 100btc (ill leave you to break it down to measure how much share holdings you will receive.)

next pierce will do the following
imagine after 1 year, mtgox earns ~50kbtc from fee's (guestimate 136kvolume per day @ 0.1%fee=136coin/day=49640/year fee's)
pierce will first take a cut out to cover costs.
so his CEO wage lets say he is $150,000 salary ~3000btc
he then takes out travel expenses hotels fine food ~1000btc (all business expenses for him and his associates to have weekly meetings)
he then takes out operational costs. oh and by the way he will most probably employ himself as advisor/securtiy or something ~1000btc

you might start seeing the pattern here, he is already mounting up to syphon off 5k bitcoins
now thats a nice 10% cut in his side pocket. leaving 45k coins.
so he is 84% shareholder. that means out of 45k coins left he takes 37800btc and leaves 7200btc.

this 7200 is then divided up to the customers in debt. so that means this:
100k coin debt= 900coins dividend
10k coin debt=90 coin dividend
1k coin debt=9 coin dividend
100coin debt=0.9coin dividend
10coin debt=0.09coin dividend

basically if mtgox owes you $4500 in todays prices, you will only get $4.05 as a yearly dividend


one of his 'supporters' has already been highlighted and had their anonimity removed. beaugas is a dead friend of pierce. and there are a few other people too. they are easy to spot because they spout out the same statement "he seems such a nice guy". you may recognise these words as the same words you hear people around conmen use. then after getting stung by the conmen, if they are not in on the game the motto then becomes 'i would never in a million years expect this from him, he seemed such a nice guy'



this is why its best to know the strategies he has employed in the past to get alot of money and leave people in debt. his history is to leave people with small dividends and then slowly offer them more % of the share, until he can walk away from the company with no ties....... then the ball drops and the share holders are left accountable to new customers.



legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Anybody who uses GoCoin, Brock would already have access to your records, at least Steven Beauregard would, the last person to see Autumn Radtke alive due to suicide(?) a couple blocks for their home cum offices they shared.

In the following video you see where they probably ate lunch the day before, located directly below their apartment: https://www.youtube.com/watch?v=ElKEGGOcFbU
hero member
Activity: 854
Merit: 500
Nope..
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
SaveGox is the only chance you have. So.... shut up and count yourself lucky that Brock, against all odds, is actually taking these steps successfully for your benefit as well as everybody else.

As far as access to information, you've never worked in a secure environment, have you? Ever heard of something called "need to know" basis? Probably not. You got a pretty big imagination about what even a business leader can access at their own company. I've worked in secure environments from corporate to government, you have not. Besides, if someone wanted lots of passports and ID, there's a separate market for that which is much safer. Your accusations and fears are baseless.

If somebody is being a hero, and you're being a detractor. That says a lot about YOU. I'll bet you're an Alex Jones, 911 truther as well. If you can't fix a problem yourself, then get  out of the way. You're like the guy that says a problem is impossible and gets in the way of people that are already delivering the solution.

You bring no value to this community, what gives you the right to criticize people who do bring value?

It's all fantasy unless you have the right people in place. Where are the missing 650k BTCs if all this talk about secure environments carries any weight? Where were the leaders in the Bitcoin Foundation who sat on the same board with Marie Karpeles when the community was being raped? Where were you?

I am sorry you feel the need to respond so emotionally to reasonable questions the Bitcoin community may raise. Clearly you have something to lose by open discussion of these issues.

Xtib

LMMFAO!

These fuckers think they're brilliant, Xtib. Ain't that right, Jonathan Yantis.

Looks to me like Brock and his fuck buddies have been around since the mybitcoin.com and Bruce Wagner days.
hero member
Activity: 672
Merit: 500
Do you want Brock to buy all of your personal data for 1 BTC through the MTGox bankruptcy court?

Is the bankruptcy court considering selling the data? If they are, just out bid him with 2 btc

Interesting idea. Unfortunately, Marie Karpeles would just out bid us by 650k BTC.

Cheesy He already has copies of the database on usb drives. He is not going to pay another penny for the database. I wish he did, effectively returning the btc to their rightful owners.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
Do you want Brock to buy all of your personal data for 1 BTC through the MTGox bankruptcy court?

Is the bankruptcy court considering selling the data? If they are, just out bid him with 2 btc

Interesting idea. Unfortunately, Marie Karpeles would just out bid us by 650k BTC.

Xtib

He has just saved his ass. Now, the only thing he has to do in rest of his life is selling those 650K BTC ...while some moron will burn their butt in the hope to get back the Gox money. Just wait & see, after this takeover, how people start praising Gox all in a sudden.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
Do you want Brock to buy all of your personal data for 1 BTC through the MTGox bankruptcy court?

Is the bankruptcy court considering selling the data? If they are, just out bid him with 2 btc

The data is already in the hand of hackers and any day it can land in public. But, unless u r a criminal, it should not bother u much. What bothers me more, is how the people who lost money & coins at Gox are becoming shareholder. Brock is getting an army of bitcoiners to praise for Gox. A lot of newbies will fall for this trap and start joining Gox and the only motto shareholders will have is to get back their locked money & coin (with some extra profit). I'm not sure how this whole thing is gonna impact the coin price. I heard blockchain.info may work with Gox too. Overall, a tide is coming... effect is unknown !!!
hero member
Activity: 672
Merit: 500
Do you want Brock to buy all of your personal data for 1 BTC through the MTGox bankruptcy court?

Is the bankruptcy court considering selling the data? If they are, just out bid him with 2 btc
sr. member
Activity: 378
Merit: 254
...
If somebody is being a hero, and you're being a detractor. That says a lot about YOU. I'll bet you're an Alex Jones, 911 truther as well. If you can't fix a problem yourself, then get  out of the way. You're like the guy that says a problem is impossible and gets in the way of people that are already delivering the solution.

You bring no value to this community, what gives you the right to criticize people who do bring value?

The same argument was used by Danny Brewster defenders when he stepped in to "help" Ukyo victims Smiley
newbie
Activity: 21
Merit: 0
SaveGox is the only chance you have. So.... shut up and count yourself lucky that Brock, against all odds, is actually taking these steps successfully for your benefit as well as everybody else.

As far as access to information, you've never worked in a secure environment, have you? Ever heard of something called "need to know" basis? Probably not. You got a pretty big imagination about what even a business leader can access at their own company. I've worked in secure environments from corporate to government, you have not. Besides, if someone wanted lots of passports and ID, there's a separate market for that which is much safer. Your accusations and fears are baseless.

If somebody is being a hero, and you're being a detractor. That says a lot about YOU. I'll bet you're an Alex Jones, 911 truther as well. If you can't fix a problem yourself, then get  out of the way. You're like the guy that says a problem is impossible and gets in the way of people that are already delivering the solution.

You bring no value to this community, what gives you the right to criticize people who do bring value?
newbie
Activity: 20
Merit: 0
Do you want Brock to buy all of your personal data for 1 BTC through the MTGox bankruptcy court?

He will gain access to your passports, drivers licenses, bank information etc. Should someone who flees to a different country and is arrested by Interpol be entrusted with such sensitive info?

Oh. Don't worry. SaveGox is going to work diligently to make sure only NON fraudulent Gox creditors are fully reimbursed.

Yeah. Right.

Xtib
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