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Topic: [Mpex.co] The Scientology of Bitcoin Finance? - page 11. (Read 27619 times)

hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
So... anybody know why S.MPOE just jumped up 20% today? Was there some big news that I missed?
hero member
Activity: 756
Merit: 522
I always thought pirateat40, bfl, and numerous others were much bigger scams but now I see through your eloquent and factual words that MPeX is THE BIGGEST SCAM IN BITCOIN HISTORY.   Roll Eyes

Eloquence. An Interwebs phenomenon.  Grin

He make opinion 9 month later who care. he not agree or allow. he give person opinion.
You make smart reply. No one read. No one ever tell us praise for you. Always scam complain.
No one care what you talk, you paid to lie. All profit is made from scam. We see report.
I go on IRC longer than you false god. i know who know. You learn one day business happen outside #bitcoin-asset. You run out of defence month and month ago. now resort to insult. We all see. It not make respect for you. why here you on forum if to smart for users ?

Are you Rpietilla?

Gotta admit you goons are a lot more entertaining than the scammers on this forum. I guess selflessness has its good parts.
full member
Activity: 196
Merit: 100
He make opinion 9 month later who care. he not agree or allow. he give person opinion.
You make smart reply. No one read. No one ever tell us praise for you. Always scam complain.
No one care what you talk, you paid to lie. All profit is made from scam. We see report.
I go on IRC longer than you false god. i know who know. You learn one day business happen outside #bitcoin-asset. You run out of defence month and month ago. now resort to insult. We all see. It not make respect for you. why here you on forum if to smart for users ?





What you say may be true when bitcoin value $3.
China join #bitcoin-asset to talk bitcoin ban with MP. ? or MP did ride donkey all way to China ?  MP busy talk with USA ? I make 10 posts you make 1000 posts. All posts you make worth less. you paid to talk.
He has bitcoin saved from years. Only expense donkey food, Ego make him mr bitcoin. no one care. Why he so rich he steal from bet ? You wake up one day.
save time do not reply. I go to google If i want auto-mated talk back.

You appearance is attractive. You have future get proper job. He end up make donkey show in Thailand for tourist.

You can see here on the topic of just how US-centered MP is. Especially around where it says "I can deal just as well with Chinese investors, Bitcoin is completely neutral from a cultural perspective. This neutrality means that cultures will have to compete. So far the US is losing this competition at this level."

That was April 2013. Compare and contrast with your forum registration date.
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
I always thought pirateat40, bfl, and numerous others were much bigger scams but now I see through your eloquent and factual words that MPeX is THE BIGGEST SCAM IN BITCOIN HISTORY.   Roll Eyes
hero member
Activity: 770
Merit: 509
My favorite quote from mpex
Quote

I understand that I will be required to pay 30 BTC as fees for registering this account, and I agree and promise to do so" or your email will be discarded unread. This is unfortunately necessary because idiots


Shouldn't it be changed to "this is necessary because dividends. ~85% of which are mr popescus"
hero member
Activity: 770
Merit: 509
Look at the previous months dumbass.

You bought HIF; your brain-damageness isn't debatable. But you can still redeem yourself by at least admitting you were wrong on simple facts. Say, "MPOE is overvalued" is an opinion, you're entitled to have it, and I won't challenge it because I really don't care nor think it is false. But most of what you said in this thread is simply grossly incorrect and you show absolutely no will to actually understand what you are trying to talk about.


I never bought HIF as I said I thought it was over evaluated.

If Mpoe was just over evaluated I would not be calling it a scam. It is a scam because it relies on deception, recruitment of idiots, and its users losses to make a profit.

When mpoe can make a dime without one of its users losing a dime, ill be impressed.

This is all just an overly complicated game with real money that ends up in mr popescus wallet.
hero member
Activity: 770
Merit: 509
Look at the previous months.

The ones where users (gamblers) lost huge or won huge?

Or the ones when btc was $5 a piece?

Just admit it.. you invested in a scam
hero member
Activity: 770
Merit: 509
the registration fee is the main source of income of S.MPOE
That is highly incorrect. Read the financial statements, not the drivel of brain damaged people Wink

Not that paying the fee is required, but you know, that has been said already on the previous pages, which jimmothy ignores again just because he thinks being stubborn doesn't make him look like a fool.

Maybe you should read the financial statements. Here ill even quote it for you:

Quote
Revenue : 148.50221920 BTC, of which :Revenue from sales fee : 28.50221920 BTC (Total trade : 14`251.10960213 BTC)

Revenue from new accounts : 120 BTC

Expenditure : 12 BTC, of which :PR, 12 BTCiiProfit : 136.50221920

BTCShareholders table

Total shares : 1`000`000`000, of which :Mircea Popescu, 838`284`714 shares,

Third parties 161`715`286 shares.

Total dividend : 136.50221920 BTC

I love how just about all of your insults apply to yourself..

And just because you can buy shares through some guy who has paid the fee, doesn't mean you can use mpex without paying the fee.
hero member
Activity: 770
Merit: 509
Are my eyes deceiving me.  The fee to join is 30 Bitcoins ?

Eyes functioning as normal. 30,000 usd to join a scheme which has no sources of revenue besides the 30btc reg fee and whatever is made from the losses of its users. Literally just handing money over to mpoe and hoping some more rich idiots join the scheme later on and lose their money gambling on the site with futures/options.

Totally legit business. Deserves to be up in the finance hall of fame with JP Morgan..
He has some legit points. S.MPOE is de facto the only stock traded on MPEx and with about 80% of total income the registration fee is the main source of income of S.MPOE. But it's not completely a snow ball system because you don't even get anything for paying the ridiculous fee, you have to invest even more to take part of the scheme/system.

Forget about the fact that registration fees are the biggest source of income aside from the occasional gambling bot win. If mpoe makes a shitload off of its users losses you wont get a portion of the winnings even if you are one of the rich kids partaking in the scheme. Something like 85% of all shares are held by Mr Popescu himself. Don't forget that this "PR" person is payed 12btc/month to spam this forum. Around 10% of last months dividends went directly to MPOE PR. Solid investment if you ask me...
sr. member
Activity: 493
Merit: 262
Are my eyes deceiving me.  The fee to join is 30 Bitcoins ?

Eyes functioning as normal. 30,000 usd to join a scheme which has no sources of revenue besides the 30btc reg fee and whatever is made from the losses of its users. Literally just handing money over to mpoe and hoping some more rich idiots join the scheme later on and lose their money gambling on the site with futures/options.

Totally legit business. Deserves to be up in the finance hall of fame with JP Morgan..
He has some legit points. S.MPOE is de facto the only stock traded on MPEx and with about 80% of total income the registration fee is the main source of income of S.MPOE. But it's not completely a snow ball system because you don't even get anything for paying the ridiculous fee, you have to invest even more to take part of the scheme/system.

The only one who benefits is Mircea and maybe his PR slave, who are laughing their asses off of this thread.
full member
Activity: 227
Merit: 100
Eyes functioning as normal. 30,000 usd to join a scheme which has no sources of revenue besides the 30btc reg fee and whatever is made from the losses of its users. Literally just handing money over to mpoe and hoping some more rich idiots join the scheme later on and lose their money gambling on the site with futures/options.

Totally legit business. Deserves to be up in the finance hall of fame with JP Morgan..

Hello Sir,

Would you like to wiggle?

wiggle wiggle
hero member
Activity: 770
Merit: 509
Are my eyes deceiving me.  The fee to join is 30 Bitcoins ?

Eyes functioning as normal. 30,000 usd to join a scheme which has no sources of revenue besides the 30btc reg fee and whatever is made from the losses of its users. Literally just handing money over to mpoe and hoping some more rich idiots join the scheme later on and lose their money gambling on the site with futures/options.

Totally legit business. Deserves to be up in the finance hall of fame with JP Morgan..
Zae
member
Activity: 70
Merit: 10
Are my eyes deceiving me.  The fee to join is 30 Bitcoins ?

No the fee is 30 BTC to keep you out.
full member
Activity: 196
Merit: 100
Are my eyes deceiving me.  The fee to join is 30 Bitcoins ?
hero member
Activity: 770
Merit: 509
You're again changing the subject, the matters of price have been talked about previously. How could you write in this thread if you didn't even understand what MPEx was doing?

I was not sure I understood fully what mpex.co did other than stocks/options/futures. I thought for sure there would be some feature I missed which makes it worth 30btc e
registration fees or 1 billion usd total evaluation. Now it is clear that mpex.co is a complete scam.

Topic has not changed. Mpex.co is still a joke of a website/service and I have no doubt it will go absolutely nowhere but downhill in the future.

Actually useful websites like crypto-trade or havelock as well as coloured coins will continue to gain traction as this shitty scheme dies out.
hero member
Activity: 770
Merit: 509
Seriously what does mpex.co do? Havelock is for trading stocks. If you cant explain what mpex.co does in one short sentence that normal humans who speak normal english can understand then you instantly know it is bullshit.
lol
We pretty much assumed you at least understood that... you can trade stocks on MPEx. It's an exchange. That's what it is for. Even on the web page, http://mpex.co/, you can see that:
STOCKS
FUTURES
OPTIONS

Can this get more surrealist?

So more specifically:
1 stock
Futures(can be traded without ridiculous fees many other places)
And options(gambling)


Maybe you can see why this "service" is such a joke now? After being the "oldest and most successful security exchange" you would think they would have more to show than a single stock and a few other non-proprietary features.

How can you justify 30btc and having to put up with extremely inconvenient trading and user interface? Its complete nonsense. Ill stick with havelock where securities are actually traded.
hero member
Activity: 770
Merit: 509
Apparently I'm a victim of poor breeding (or other sassy insult)--because looking over the MPEX "manual" and site--I'm reminded of an AOL chat bot I may have thrown together in a weekend when I was 14, first learning to program with visual basic, albeit with GPG thrown in.  And lots and lots of words using cryptic language to say very very little.

I'd say the setup is designed to mesmerize potential users, making them invest lots of time (that old chestnut), and confuse them into losing their BTC; all-the-while awarding a sense of superiority.

I don't know a damn thing about options markets though, so clearly my feeble mind is unable to blah blah blah

You are setting yourself up for insult?

I glanced at the MPEX manual, I do not see any cryptic language? It seems to me that is a direct, succinct explanation of how to use MPEx? People keep saying MPEx is hard to use, but this shows all the important points in just a few small pages. As with any well-made computer program, most of the complexity is hidden from the user.

As someone who clearly advocates and uses mpex.co maybe you can tell me and everyone else what the fuck they do? And no im not going to read some bullshit blog posts designed to confuse and deceive.

Seriously what does mpex.co do? Havelock is for trading stocks. If you cant explain what mpex.co does in one short sentence that normal humans who speak normal english can understand then you instantly know it is bullshit.

Most of this "complexity" in any real computer program has a purpose and a function. What is the function of mpex.co?

Mpex is a disfunctional/inconvenient/obsolete service which is guaranteed to implode when idiots stop piling money in to the scam and all the rich kids pull out their coins.
hero member
Activity: 756
Merit: 522
I'd say the setup is designed to mesmerize potential users, making them invest lots of time (that old chestnut), and confuse them into losing their BTC; all-the-while awarding a sense of superiority.

It's remarkable how exactly backwards your brain interprets what it sees.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Apparently I'm a victim of poor breeding (or other sassy insult)--because looking over the MPEX "manual" and site--I'm reminded of an AOL chat bot I may have thrown together in a weekend when I was 14, first learning to program with visual basic, albeit with GPG thrown in.  And lots and lots of words using cryptic language to say very very little.

I'd say the setup is designed to mesmerize potential users, making them invest lots of time (that old chestnut), and confuse them into losing their BTC; all-the-while awarding a sense of superiority.

I don't know a damn thing about options markets though, so clearly my feeble mind is unable to blah blah blah

You are setting yourself up for insult?

I glanced at the MPEX manual, I do not see any cryptic language? It seems to me that is a direct, succinct explanation of how to use MPEx? People keep saying MPEx is hard to use, but this shows all the important points in just a few small pages. As with any well-made computer program, most of the complexity is hidden from the user.
full member
Activity: 168
Merit: 100
Apparently I'm a victim of poor breeding (or other sassy insult)--because looking over the MPEX "manual" and site--I'm reminded of an AOL chat bot I may have thrown together in a weekend when I was 14, first learning to program with visual basic, albeit with GPG thrown in.  And lots and lots of words using cryptic language to say very very little.

I'd say the setup is designed to mesmerize potential users, making them invest lots of time (that old chestnut), and confuse them into losing their BTC; all-the-while awarding a sense of superiority.

I don't know a damn thing about options markets though, so clearly my feeble mind is unable to blah blah blah
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