I am pretty butthurt about all the pyramid schemes I didn't get involved in early you're right. How early did you get in? How much btc have you made off your recruits?
Here's some interesting actual data: the original shares were sold through a blind placement. They went for 9085 satoshi on the
first round and 2433 satoshi on the
2nd round. Currently the shares trade around 90,000 satoshi. That's a 1000% to 4000% increase over less than two years, and some off the cuff calculation would indicate S.MPOE has generated just about a billion dollars' worth of new wealth for its holders.
Which favorably compares with the
sum total of all Bitcoin related ventures, plus all alt-chains, plus everything else. MPEx is, quite simply, the biggest thing that ever happened in this space.
On the other score: MPEx has been humiliating the SEC in public
since 2012. Moreover, the DFS itself came to the conclusion that MP's
2012 article on the topic of Bitcoin regulation is both sound and controls the matter. That's right: it took the USG two years of hewing and hawing to finally work up the balls to come out and plainly state "yeah, that MP guy actually knew what's what way before we figured it out, you should probably just listen to him in the future because we're 12 and what is this."
Sooner or later you're going to just learn to deal with it: there are huge things in Bitcoin, whether you agree or not, whether you understand how they work or not. They don't give a shit about you, or your government. Again, whether you agree or not. Such is life.
Wow your ponzi has increased in value from when it sold ~1 million shares to the point where it sold 150 million? What about all those idiots along the way that didn't get in at ipo and bought/are still buying absurdly overpriced shares in this ponzi?
If I can find 1 idiot to buy 1 share of my company (which will have 100 trillion shares) for 0.01btc does that mean my company is worth 1 trillion bitcoins? Of course not.
You must be huffing paint if you think mpex generated 1 billion usd worth of wealth for its users. That statement is an flat out lie and you know it. You moved around 14k worth of wealth last year and your ponzi (with 85% shares unsold to public) is evaluated at 1 billion usd.
You are right about mpex being the biggest thing in this space. But only in the space of bitcoin ponzi schemes.
Your blog posts are so embarrassing it is honestly a waste of time reading. You pretend that bitcoin cannot be regulated by the SEC because it is virtual money. That statement might hold grounds with the armchair investors/mpex cult members but anyone not involved in this ponzi will tell you that that statement is bullshit and would never hold up in court.
Everything you say is carefully constructed to deceive those with a lack of understanding of real world finance. But I guess it takes 30btc for some to learn a life lesson (on how to lose 30btc or more).
Since predicting the most obvious shit elevates one to the status of "god of bitcoin finance" and I predicted that all of mpex revenue is from new recruits does that make me a god in your eyes?