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Topic: [Mpex.co] The Scientology of Bitcoin Finance? - page 17. (Read 27654 times)

hero member
Activity: 490
Merit: 500
November 28, 2013, 06:12:16 AM
#6

ok you have 700k btc or roughly 700 milllion usd invested in your company.

What the fuck do you even do?? Seriously how can you justify nearly a billion usd company evaluation when you literally have no value.

To clarify look at asicminer. They make asic hardware and mine bitcoins. What do you do?

What I learned from investing in the bitcoin world is that you don't need to do anything but sit tight on your coins.
hero member
Activity: 490
Merit: 500
November 28, 2013, 06:10:27 AM
#5
And it made it even without any basic css work, amazing.
hero member
Activity: 770
Merit: 509
November 28, 2013, 06:07:30 AM
#4

ok you have 700k btc or roughly 700 milllion usd invested in your company.

What the fuck do you even do?? Seriously how can you justify nearly a billion usd company evaluation when you literally have no value.

To clarify look at asicminer. They make asic hardware and mine bitcoins. What do you do?
hero member
Activity: 756
Merit: 522
legendary
Activity: 3766
Merit: 1217
November 28, 2013, 05:59:57 AM
#2
With Bitcoin breaking the $1,000 barrier, it is extremely risky to invest in these crypto-stocks anymore. I have learnt my lesson after I lost half of all my bitcoins in BTC-TRADING-PT.  You never know when these exchanges will shut down. Better not to invest in them.
hero member
Activity: 770
Merit: 509
November 28, 2013, 05:29:27 AM
#1
So after roughly a year of bitcoining I have come to the conclusion that mpex.co or Mircea Popescu Exchange (Formerly Mircea popescu options emporium?) does literally nothing but move bitcoins from one wallet to the next and in most cases ending up in Mircea Popescu's wallet.

30 Bitcoin Registration Fee and you get the choice of an failed video game company, bitbet.us (not sure why they need funding with all the fees), and MPOE itself whose profits consist mostly of those 30 bitcoin registration fees.

Normally "investing" is when you give capital to someone who needs it to create something of value. I don't see any value coming out of mpex.co whatsoever. Their biggest success story is a gambling website (again not really creating value, just taking btc from one person and giving it the next.)

One last thing that does not really prove that mpex.co is a scam but I cant be the only one to notice that Mircea Popescu speaks like a sci-fi super-villain.

I would love for someone to explain to me how mpex.co is not a scam bit I simply cannot understand.

In the end it looks like Mircea Popescu is walking away with 30,000 btc (according to some richest bitcoiners thread)

Has anyone else besides him made a profit from the site?
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