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Topic: Hong Kong's MyCoin Disappears With Up To $387 Million - page 3. (Read 3161 times)

legendary
Activity: 868
Merit: 1006
Why does this keep happening to the bitcoin community? Wasn't 2014 enough of a shitty year... expecting the price to drop even lower now after this... should try and get some cheap coins after that.

Why do you expect your bitcoins to magically be safe when you give them to other people and there isn't any kind of regulation that forces them to keep them safely? it's people fault for putting their coins at exchanges. At least wait for the Winklevii one ffs.
hero member
Activity: 630
Merit: 500
$386.9m? i doubt that.  Huh


As known so far, 30 victims seek help and they claim loss of 1 million HKD on average. The legislative councillor speculates that there are 3000 victims and ALL OF THEM lost 1 million HKD. That's how the 3 billion HKD got calculated.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
$386.9m? i doubt that.  Huh



@rememberme

that would be more realistic.
full member
Activity: 238
Merit: 100
ROAD TO HEAVEN...
Why does this keep happening to the bitcoin community? Wasn't 2014 enough of a shitty year... expecting the price to drop even lower now after this... should try and get some cheap coins after that.
sr. member
Activity: 298
Merit: 250
That's some Gox shit right there again, rekt   Embarrassed
sr. member
Activity: 415
Merit: 250
38MIll not 380
full member
Activity: 168
Merit: 100
Didn't the article following up say the amount was wrong and the correct amount was lower ?
hero member
Activity: 630
Merit: 500
Right, we need one more thread on this.

Please go to https://bitcointalksearch.org/topic/m.10402916
hero member
Activity: 784
Merit: 501
Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ($386.9m) in investor funds.

More @ http://www.coindesk.com/hong-kong-exchange-mycoin-disappears-387m-reports-claim/

until now..
it seems who the news do not affect the bitcoin price!!!!

hope the bitcoin price trend do not  fall !!!
 Wink Wink Wink Wink

Bitcoin price will always show the reverse trend than the expected.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
Are we talking about investments in the form of money people put on the exchange in order to trade or other investments in term of capital support? The amount seems so incredibly high and puts BitStamps fiasco in perspective. I've never heard of that exchange before, how can they be such a big deal?
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
[...] taking with it possibly as much as HK$3bn ($386.9m) in investor funds.[...]

That was the claim of the site. Now, why would you trust that number in any way?
legendary
Activity: 3206
Merit: 2735
Quote
If true, the supposed losses are a staggering amount, although this estimate is based on the company's own earlier claims that it served 3,000 clients who had invested HK$1m ($12,890) each.

Oh my, not again. This is big. If it is true, it will definitely cripple investors confidence that they have towards bitcoin.

people must learn that Bitcoin is good, Centralized exchanges are bad.

Q7
sr. member
Activity: 448
Merit: 250
Quote
If true, the supposed losses are a staggering amount, although this estimate is based on the company's own earlier claims that it served 3,000 clients who had invested HK$1m ($12,890) each.

Oh my, not again. This is big. If it is true, it will definitely cripple investors confidence that they have towards bitcoin.
member
Activity: 112
Merit: 10
Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ($386.9m) in investor funds.

More @ http://www.coindesk.com/hong-kong-exchange-mycoin-disappears-387m-reports-claim/

until now..
it seems who the news do not affect the bitcoin price!!!!

hope the bitcoin price trend do not  fall !!!
 Wink Wink Wink Wink
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ($386.9m) in investor funds.

More @ http://www.coindesk.com/hong-kong-exchange-mycoin-disappears-387m-reports-claim/

WHOAA....  $387 Million...!  That's a lot of money!   Shocked
member
Activity: 70
Merit: 10
Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ($386.9m) in investor funds.

More @ http://www.coindesk.com/hong-kong-exchange-mycoin-disappears-387m-reports-claim/
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