My bank account's got robbed by European Commission. Over 700k is lost. - page 9.

wachtwoord

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Quote from: molecular on May 18, 2016, 10:28:06 AM

Quote from: freshman777 on May 18, 2016, 12:51:36 AM

Quote from: zend7 on May 17, 2016, 06:17:43 PM

That is a crazy amount of money to lose. All your life savings gone. Technology just isn't to be taken lightly when it comes to storing your money and using it to do these transactions.
Maybe we should all be hiding our savings under the mattress again Lips sealed

We all can't do it. Physical cash in circulation represents < 1% of savings accounts total.

This can change. If we all withdraw, they will ~~print~~ default.

FYP

molecular

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Quote from: freshman777 on May 18, 2016, 12:51:36 AM

Quote from: zend7 on May 17, 2016, 06:17:43 PM

That is a crazy amount of money to lose. All your life savings gone. Technology just isn't to be taken lightly when it comes to storing your money and using it to do these transactions.
Maybe we should all be hiding our savings under the mattress again Lips sealed

We all can't do it. Physical cash in circulation represents < 1% of savings accounts total.

This can change. If we all withdraw, they will print.

freshman777

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Activity: 406

Merit: 250

Quote from: zend7 on May 17, 2016, 06:17:43 PM

That is a crazy amount of money to lose. All your life savings gone. Technology just isn't to be taken lightly when it comes to storing your money and using it to do these transactions.
Maybe we should all be hiding our savings under the mattress again Lips sealed

We all can't do it. Physical cash in circulation represents < 1% of savings accounts total.

Meuh6879

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Why ?

Would you let all your money in a bank account ? Roll Eyes

When you can control all your money in a isolate network ?

Kraken Exchange : FIAT limits.

zend7

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Hackers please hack me .... if you can :)

That is a crazy amount of money to lose. All your life savings gone. Technology just isn't to be taken lightly when it comes to storing your money and using it to do these transactions.
Maybe we should all be hiding our savings under the mattress again Lips sealed

mrhelpful

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Quote from: bitgolden on September 17, 2015, 06:51:11 AM

It's common problem of centralized money. If the money is mine, I'm only able to control it. That's the power, bitcoin has given to us.

Get a trojan, or malware then *poof* your power is gone.

Both have limitations of our control, but the odds of seeing a huge sum gone like that is similar experience if someone had 100 btc in their coldwallets and some hacker breached it.

Despite that, it shows how fast our life earnings can be swept if not being aware how money is stored.

cr1776

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Quote from: freshman777 on May 17, 2016, 11:59:07 AM

Quote from: cr1776 on December 21, 2015, 10:52:46 AM

Quote from: jt byte on December 21, 2015, 10:32:25 AM

This thread was on 2013 so I didn't have seen the update did he actually recover his money or something.
Because that is just a lot of money that you have lost. At least you should have got 500K back.
So anybody any update about this thread?

He didn't get it back. Cyprus gave a "haircut" (stole) to a lot of people's money.

I believe he moved his business to somewhere in the Caribbean.

Now that there is the Panama papers leak, traditional offshore countries in the Caribbean will be losing business, possibly to the cryptocoins.

Definitely possible. For the smart people, they should diversify into some crypto etc.

freshman777

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Quote from: cr1776 on December 21, 2015, 10:52:46 AM

Quote from: jt byte on December 21, 2015, 10:32:25 AM

This thread was on 2013 so I didn't have seen the update did he actually recover his money or something.
Because that is just a lot of money that you have lost. At least you should have got 500K back.
So anybody any update about this thread?

He didn't get it back. Cyprus gave a "haircut" (stole) to a lot of people's money.

I believe he moved his business to somewhere in the Caribbean.

Now that there is the Panama papers leak, traditional offshore countries in the Caribbean will be losing business, possibly to the cryptocoins.

cr1776

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Activity: 4228

Merit: 1313

Quote from: jt byte on December 21, 2015, 10:32:25 AM

This thread was on 2013 so I didn't have seen the update did he actually recover his money or something.
Because that is just a lot of money that you have lost. At least you should have got 500K back.
So anybody any update about this thread?

He didn't get it back. Cyprus gave a "haircut" (stole) to a lot of people's money.

I believe he moved his business to somewhere in the Caribbean.

jt byte

hero member

Activity: 994

Merit: 500

This thread was on 2013 so I didn't have seen the update did he actually recover his money or something.
Because that is just a lot of money that you have lost. At least you should have got 500K back.
So anybody any update about this thread?

mayax

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did you recover any money from 800k?

michael Chan

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Misiak4

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ImmVRse | Disrupting the VR industry

Oh man, I am very sorry to your loss. Today I was looking at google for offshore companies to have "easy setup" for bitcoin related stuff. Looks like I need to be very careful. Well my point is not tax evasion or tax avoidance (I already own local company), but I wanted it simple. Just one "paycheck" from offshore company per month to avoid huge papperwoks every month (and save on accountant services).

Good luck with recovering your business!

bitgolden

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Leading Crypto Sports Betting & Casino Platform

It's common problem of centralized money. If the money is mine, I'm only able to control it. That's the power, bitcoin has given to us.

miketouchteam

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Just read this thread and can't believe what happened. Wow, this can't be more pro-BTC

RealBitcoin

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Quote from: SolarSilver on September 15, 2015, 01:53:42 AM

I don't want everybody to be equal. I don't believe in communism, where did you get that idea? Are you throwing around random terms to do some name calling?

But what you are advocating leads exactly to what I described.

I was just saying about interlinked things, if you do not believe that this kind of politics leads to communism then think again, and open a history book.

When socialism impoverishes everybody, (socialism ends when you run out of other people's money), the only thing left is to nationalize (steal) every company/factory/enterprise.

Then after people realize that neither socialism , nor communism works, they start again with free market, then they get rich, then envy of lazy people overwhelms again, then the people cry out for socialism again, and it repeats itself.

Its a vicious cycle, and it would be better if humans would drop these childish ideas.

SolarSilver

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Quote from: ?? on ??

But yea things are interlinked, you dont even realize how hazardous the big taxes are.

I live in a country with over 60% income tax and 21% VAT, that leaves me 19% of what is earned to spend. Yes, I realize more than you how hazardous big taxes are.

Quote

Oops i forgot that you want everybody to be equal, so the nuclear physicist should work in a sweatshop communist slave factory together with the 70 IQ people too? Is that your communist utopia?

I don't want everybody to be equal. I don't believe in communism, where did you get that idea? Are you throwing around random terms to do some name calling? Don't confuse communism and socialism... Are you one of those people who thinks the C in CCCP stood for Commi? (Coциaлиcтичecкиx stands for socialist... )

I work for a large organisation founded in 1863 in Geneva and they deploy people in their specific field of expertise, if you can manage a team of 60 people to take on a large disaster at an event with 70k people, you will not be running around with a stretcher. You will get a vest with 4 bars on your shoulders and a radio. Why would somebody with the skills of a nuclear physicist be peeling potatoes?

I don't believe in any kind of utopia, but I do believe in a just society where everybody contributes according to their means (so fair taxes and less waste)

Quote

Everybody should be equal right. And yes put the 70 IQ morons to be bootlicker nepotist bureocrat/politicians that can barely manage anything to manage the country , instead of profit-oriented good manager skill attributed entrepreneurs.

Sigh... and you wonder why people don't take your rants seriously..

Where are the days of Atlas in 2011 on Bitcointalk?

killerjoegreece

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Professional Native Greek Translator (2000+ done)

wow that a big hit and run the banks made on cyprus.

SolarSilver

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Quote from: RealBitcoin on September 11, 2015, 07:46:22 AM

I agree with you man totally, but you dont have to convince me. You have to convince the marxists to abandon their foolish ideology.

We capitalists truly want to help people create more capital, and not to distribute it (steal it) from existing productive people.

We want all people productive, and not lazy welfare junkies.

bla bla more name calling but nothing to show for. You talk much but where is the beef? You claim to be a capitalist (do you run a large company with many employees and have invested in others?) that would be doing so much charity if it wasn't for the government stealing from you, right?

So how much do you spend in $USD / year on charity? Probably not much, because the government steals all your profit. Kind of the chicken and the egg. Buying a copy of the Big Issue on the subways does not count...

OK let's turn it around, so you have no money to spend on charity, but how much time do you volunteer? Do you put your money where your mouth is? Do you go around painting those moldy day care centers? Work in a soup kitchen? Give IT training to homeless? Help organize refugee centers for Syrians crossing the border?

Or is it academic capitalism your practise?

RealBitcoin

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Quote from: molecular on September 10, 2015, 11:04:30 PM

Quote from: RealBitcoin on September 10, 2015, 12:12:30 PM

You can just go to http://www.gofundme.com/ and ask for a charity for whatever reason, and people will give you money.

If people were not forced to pay taxes, they would be even more generous.

Also if people didn't have the excuse of tax-sponsored welfare existing (a very inefficient system), they would not only be more generous, they would also be way more effective at reintegrating people and getting them back to some sort of productivity.

Think about it: the goal should not simply be to support people that are in trouble for whatever reason, but to try to reintegrate them into society and put them back into a place where they can be useful to others and/or productive within the economy. The state-sponsored programs are clearly not very good at that and I suspect that more local initiatives (which are now suppressed by being in unfair competition with the state programs coerced upon us) would excel at that job.

I agree with you man totally, but you dont have to convince me. You have to convince the marxists to abandon their foolish ideology.

We capitalists truly want to help people create more capital, and not to distribute it (steal it) from existing productive people.

We want all people productive, and not lazy welfare junkies.

Topic: My bank account's got robbed by European Commission. Over 700k is lost. - page 9. (Read 408494 times)