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Topic: My bank account's got robbed by European Commission. Over 700k is lost. - page 19. (Read 408494 times)

hero member
Activity: 770
Merit: 500
This is why millionaires keep their money in offshore bank accounts, or precious metals like gold, or priceless/expensive paintings/artifacts etc etc.

The thing that happened to OP was horrible, we need a decentralized economy on a whole..
newbie
Activity: 17
Merit: 0
There are very few offshore banks that actually support BTC. EU is a strict NO!
Moving to the Caribbean was a good decision in my opinion.
Please let me know if you get approved or give me a shout.
donator
Activity: 784
Merit: 1000
Did you ever re-locate to the Caribbean?
Yes

Have you transferred most of your wealth into bitcoins? And do you know pay your employees in bitcoins? If this has been answered elsewhere you should update your OP with the links to the answers, I'm very curious.
I also invested in gold, some resource-related stocks and real estate.
But more than half of my wealth in now in bitcoin and I continue spending part of earned fiat to buy bitcoin every month.

It's funny to see people panicking over today's bitcoin volatility. They don't realize that next year they may lose most of their euro and dollars in series of Cyprus-style bank seizures.
Nobody even noted how Hypo Alpen bank in Austria collapsed recently and then was bailed-in with 100% of depositor's money and how country's parliament void of all insured deposits from that bank.

sr. member
Activity: 336
Merit: 250
This is incredible, 700k is more money than I will ever earn in my life.
[/quote

That's a pretty terrible attitude to have lol
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
Did you ever re-locate to the Caribbean? Have you transferred most of your wealth into bitcoins? And do you know pay your employees in bitcoins? If this has been answered elsewhere you should update your OP with the links to the answers, I'm very curious.
member
Activity: 70
Merit: 10
50% fiat 50% BTC is the name of the game
hero member
Activity: 756
Merit: 1000
I followed this when it happend, how did it turn out? Anything refunded?

First 100k was refunded, everything else is gone for good.
Wow. Unbelievable. More people should know about this.
STT
legendary
Activity: 4102
Merit: 1454
Did the banks not go broke or was it really the government and they took private peoples money ?  
Seems like another good reason to keep large amounts of capital yourself or outside the country like the Perth mint deposit scheme.   However an operating business has no choice but to run a balance at the bank so didnt this cause lots of business to fail ?#

Quote
I got a hard lesson and now I know the meaning of phrase "TRUST NO ONE".
Yep Ive spent my whole life knowing thats the case unfortunately any success in life is hunted by failure, constant vigilance is needed as they say
legendary
Activity: 1036
Merit: 1000
I followed this when it happend, how did it turn out? Anything refunded?

First 100k was refunded, everything else is gone for good.

Ridiculous..

I completely agree with you.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
I followed this when it happend, how did it turn out? Anything refunded?

First 100k was refunded, everything else is gone for good.

Ridiculous..
hero member
Activity: 854
Merit: 500
I followed this when it happend, how did it turn out? Anything refunded?

First 100k was refunded, everything else is gone for good.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
I followed this when it happend, how did it turn out? Anything refunded?
hero member
Activity: 854
Merit: 500
Im scared AF to cash out on my little Bitcoins I have, it's very scary to know they can froze your entire saving accounts out of nowhere. My friend tried to withdraw 0.5 BTC and he got his bank account frozen until they basically want to unfroze it. I'll have to re-check im doing it all perfect if I ever want to withdraw some BTC.

You could sell them on localbitcoins.com
newbie
Activity: 56
Merit: 0
This is incredible, 700k is more money than I will ever earn in my life.
legendary
Activity: 1218
Merit: 1000
700k holy shit. I imagine that to my part, propably would kill myself... Hopefully you get back whats yours!

NEVER kill yourself over money, life is full of loops up and down and, as long as you are alive you can use your capacities to turn things over.  Cool
sr. member
Activity: 328
Merit: 250
700k holy shit. I imagine that to my part, propably would kill myself... Hopefully you get back whats yours!
member
Activity: 69
Merit: 10
I'm reading the op post for the first time even if it's old, and I'm really shocked that those facts are really happened.
legendary
Activity: 1260
Merit: 1002
In hindsight, yes, things were clear, but not at the time.

We are dealing with two extremes here: freedom and authoritarianism.  Whether the authoritarianism is socialism, communism, fascism, corporatism, dictatorships, or some other -ism, they are all cut from the same cloth:  power-hungry people seizing the reins of a government by some method (elections, perverting the governing documents of the country, guns or whatever) and then attempting to control everyone else through force and deceit.

The fight isn't between the left and the right, but the free and the ones who want to control and enslave them by hook or by crook. 

The sooner people realize the fight is between being free or not - and that includes attempting to use the government to live at the expense of someone else through getting something for "free" (free to them, someone is always paying), the better. 

One hopes that Bitcoin will help to make it clear that what you earn belongs to you, not someone else merely because they want it.

+1000.

TPTB want to paint it left vs right to obscure the real issues and the real sides of what is going on.  Free or not.  Controlling others or being in control of yourself.

I agree. Thanks for stating so clearly what shit is really about.


divide & conquer
legendary
Activity: 3430
Merit: 3080
The fight isn't between the left and the right, but the free and the ones who want to control and enslave them by hook or by crook.  

The sooner people realize the fight is between being free or not - and that includes attempting to use the government to live at the expense of someone else through getting something for "free" (free to them, someone is always paying), the better.  

It's been pretty clear to me for some time now that the left-right political spectrum was probably concieved as a way for the corporate and political classes to distort and polarise political debate, and most importantly to divide liberty into two camps. We can either subscribe to the freedom of the rich and influential meted out by corporate domination of the marketplace, or we can believe in social freedom with the government there to "enforce" it ("I command you to behave freely!" Cheesy). Now, we even have corporate ownership of social contracts & infrastructure, and for a long time have had government regulating the marketplace to enforce social protections (and using the same legal frameworks to protect corporate dominance). And by packaging the free-market liberty with conservatism (which makes little to no sense) and free-association liberty with socialism (which also makes little to no sense), most populations end up living with the worst aspects of their flavour of governance, always delivered in a method of governing that is, minimally, soft authoritarianism. And the political and corporate classes get to enjoy the benefits of free markets and free association, although they admittedly pay for it with money and favours. It's all just one swirling, variegated web of cronyism and deceit.
donator
Activity: 2772
Merit: 1019
In hindsight, yes, things were clear, but not at the time.

We are dealing with two extremes here: freedom and authoritarianism.  Whether the authoritarianism is socialism, communism, fascism, corporatism, dictatorships, or some other -ism, they are all cut from the same cloth:  power-hungry people seizing the reins of a government by some method (elections, perverting the governing documents of the country, guns or whatever) and then attempting to control everyone else through force and deceit.

The fight isn't between the left and the right, but the free and the ones who want to control and enslave them by hook or by crook.  

The sooner people realize the fight is between being free or not - and that includes attempting to use the government to live at the expense of someone else through getting something for "free" (free to them, someone is always paying), the better.  

One hopes that Bitcoin will help to make it clear that what you earn belongs to you, not someone else merely because they want it.

+1000.

TPTB want to paint it left vs right to obscure the real issues and the real sides of what is going on.  Free or not.  Controlling others or being in control of yourself.

I agree. Thanks for stating so clearly what shit is really about.
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