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Topic: Jihad Wu and the Chinese Year of the Cock...block (Read 557 times)

full member
Activity: 211
Merit: 100
"ASIC AKBAR!" - Jihad Wu, as he blocks SegWit on Litecoin  Cheesy
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Crypto Times ep 7: https://youtu.be/uw8z-ERalQ8

What im considering is the possibility of Jihan Wu ending up in jail. How is it even legal that he can not only manipulate the price, but do it by allegedly lying to customers and using purchased hardware by other people by himself and delay those ASICs to their respective owners? the whole thing is becoming insane.

I guess you never heard of BFL. Bitcoin mining has a proud tradition of doing exactly as you just described.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
Crypto Times ep 7: https://youtu.be/uw8z-ERalQ8

What im considering is the possibility of Jihan Wu ending up in jail. How is it even legal that he can not only manipulate the price, but do it by allegedly lying to customers and using purchased hardware by other people by himself and delay those ASICs to their respective owners? the whole thing is becoming insane.
Really? Price manipulations have been done since the dawn of stock exchanges. There's no paragraph for playing the market and there were other big companies that mined with sold hardware instead of sending it to customers and their owners aren't in jail and probably never will be. It's just crypto world being crypto world.

Exactly! Wall Street invented that, American capitalism showed us all the way and as far as I can recall, we've all been very happy to take the Kool-Aid. Yes, I think also that these guys are terrible people, but terrible people who make money in terrible ways don't go to jail. They get celebrated and have books written about them.
hero member
Activity: 2184
Merit: 531
Crypto Times ep 7: https://youtu.be/uw8z-ERalQ8

What im considering is the possibility of Jihan Wu ending up in jail. How is it even legal that he can not only manipulate the price, but do it by allegedly lying to customers and using purchased hardware by other people by himself and delay those ASICs to their respective owners? the whole thing is becoming insane.
Really? Price manipulations have been done since the dawn of stock exchanges. There's no paragraph for playing the market and there were other big companies that mined with sold hardware instead of sending it to customers and their owners aren't in jail and probably never will be. It's just crypto world being crypto world.
legendary
Activity: 1288
Merit: 1087
What im considering is the possibility of Jihan Wu ending up in jail. How is it even legal that he can not only manipulate the price, but do it by allegedly lying to customers and using purchased hardware by other people by himself and delay those ASICs to their respective owners? the whole thing is becoming insane.

it's china. when it comes to business i get the impression anything goes unless you cross the wrong people. he evidently hasn't crossed the wrong people yet.
legendary
Activity: 1372
Merit: 1014
JIHAD .... hilarious  Cheesy
sr. member
Activity: 294
Merit: 250
Crypto Times ep 7: https://youtu.be/uw8z-ERalQ8

What im considering is the possibility of Jihan Wu ending up in jail. How is it even legal that he can not only manipulate the price, but do it by allegedly lying to customers and using purchased hardware by other people by himself and delay those ASICs to their respective owners? the whole thing is becoming insane.

Couldn't agree more.  I'm hopeful he comes to his senses and starts cooperating with the community as a whole soon.
legendary
Activity: 1372
Merit: 1252
Crypto Times ep 7: https://youtu.be/uw8z-ERalQ8

What im considering is the possibility of Jihan Wu ending up in jail. How is it even legal that he can not only manipulate the price, but do it by allegedly lying to customers and using purchased hardware by other people by himself and delay those ASICs to their respective owners? the whole thing is becoming insane.
sr. member
Activity: 294
Merit: 250
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