This. You want a medal?
Yes, actually. Think more, you might figure out why there's exactly one BTC business deserving of a medal.
The MPOE/MPEx March 2013 statement shows a 27,794.62815427 BTC nominal loss. At current USD/BTC rates that comes to a whopping 2.5 million dollars. Let that sink in for a minute.
This is probably more than whatever Bitcoin Savings & Trust lost (USD/BTC was ~7 at that time, so unless it was over 350,000 BTC or so...) .
This is certainly more than what Bitcoinica lost, independently through Zhou Tong's theft and jointly with the help of Amir Taaki and the rest of the Bitcoinica Consultancy "experts" in their own mind. Convert it all to fiat, add it all together, it doesn't get high enough to compete.
This is also more than pretty much all the other historical declared losses combined. You know all the countless endless cases of "our exchange got hacked"? How many so far? Well...convert them to fiat at the rate then prevailing, add them all together, it will come to less than MPOE's March loss.
Unlike the Pirate incident, unlike the Bitcoinica incidents, unlike each and every other "hack" and failure in Bitcoin history to date, S.MPOE is solvent, pays out normally, is requiring no "community support", is not "looking for options" and bla bla the future. Business as normal, when you trade 45 million notional you will occasionally show a few million in the red.
This, incidentally, is why CoinBlaBla isn't "bringing Wall Street to Bitcoin". Wall Street is already here, and has been, for a while.
Have a great day.
This is probably more than whatever Bitcoin Savings & Trust lost (USD/BTC was ~7 at that time, so unless it was over 350,000 BTC or so...) .
This is certainly more than what Bitcoinica lost, independently through Zhou Tong's theft and jointly with the help of Amir Taaki and the rest of the Bitcoinica Consultancy "experts" in their own mind. Convert it all to fiat, add it all together, it doesn't get high enough to compete.
This is also more than pretty much all the other historical declared losses combined. You know all the countless endless cases of "our exchange got hacked"? How many so far? Well...convert them to fiat at the rate then prevailing, add them all together, it will come to less than MPOE's March loss.
Unlike the Pirate incident, unlike the Bitcoinica incidents, unlike each and every other "hack" and failure in Bitcoin history to date, S.MPOE is solvent, pays out normally, is requiring no "community support", is not "looking for options" and bla bla the future. Business as normal, when you trade 45 million notional you will occasionally show a few million in the red.
This, incidentally, is why CoinBlaBla isn't "bringing Wall Street to Bitcoin". Wall Street is already here, and has been, for a while.
Have a great day.
I'm sure that 90% of the loss is in his pocket now. The crazy guy is robbing you blind under the excuse of free market. Go on, you will lose your shirt soon.
How cute, proven scammer following the script. Bugger off.
You will say anything without any proof, you little piece of shit. Not proud of it, but I bought back almost all confirmed shareholders.
Now get back to selling guaranteed losing shares and stealing BTC, you crazy Wall Street wannabe.
Except S.MPOE are pretty much the only shares in BTC history trading higher today than a year ago. And by higher I mean something like 50x or w/e. The only other example is S.DICE and perhaps ASICMINER. Out of the rest of what, 1,000 give or take "issues", including your own, everything is in distress, trading around 0% of issuance "value". Sucks huh.
