Thank you for sharing this. That's a lot of money!
Not that much.... only $30,000 for each person in U.S
Topic: You think MtGox's lost 850k btc is beyond comprehension? ... watch this. - page 2. (Read 3694 times)
March 25, 2014, 01:57:39 AM
Not that much.... only $30,000 for each person in U.S
March 25, 2014, 01:49:02 AM
Thank you for sharing this. That's a lot of money!
March 25, 2014, 01:36:43 AM
this got me thinking... with such losses and such debt soon a loaf of bread would be worth $10,000...
is this governments way of making the dollar divisible by more zero's then 2.. to try competing with bitcoin
(sarcastic face)
is this governments way of making the dollar divisible by more zero's then 2.. to try competing with bitcoin
(sarcastic face)My grandmother was a young mother in 1923 in Germany when they had hyperinflation. She said on payday, the women would go collect the money in wheelbarrows as soon as it was available and ran to the stores to buy their loaf of bread before the value fell and they couldn't get anything anymore.
But we all know Fiat is safer and more real than crypto currency, LOL. It has the government backing it!
Hyperinflation
Nazi fanaticism
Mass murder of millions of Ukrainians
but none of this can ever happen again, no, not in the U.S.A.!
I can argue right now we are becoming a fascist state.
yes, when we become sheeple, we get what we deserve.
March 25, 2014, 12:23:07 AM
Very interesting, and thought this is only one of a few similar big moneylosses that happened from 2008 to 2014.. Crazy world..
March 24, 2014, 11:35:55 PM
I think that was an overnight loan so these banks could clear their books. It was paid back
Different than Mt Gox
Different than Mt Gox
Wow.... its truly suckers born every sec...
Dude learn the facts before you speak. Bloomberg article was wrong. Grayson got his info from Bloomberg and not research. Coleman couldn't answer his question cause she wasn't prepared. Money was not missing it was overnight loans that were paid back
http://econbrowser.com/archives/2011/12/more_on_those_s
This is written by L Randall Wray on Levi Institute blog. Wray is a respected economist and not politico
March 24, 2014, 11:07:34 PM
Of course they know where the money went, but you may not want to know:
1) The Afghan and Iraq wars, $2 trillion.
2) $1.3 trillion for the Bush tax cuts.
3) Red state welfare (federal taxes received versus federal taxes paid):
Of the twenty worst states, 16 are either Republican dominated or conservative states. Let's go through the top twenty.
New Mexico: $2.03
Mississippi: $2.02
Alaska: $1.84
Louisiana: $1.78
West Virginia: $1.76
North Dakota: $1.68
Alabama: $1.66
South Dakota: $1.53
Kentucky: $1.51
Virginia: $1.51
Montana: $1.47
Hawaii: $1.44
Maine: $1.41
Arkansas: $1.41
Oklahoma: $1.36
South Carolina: $1.35
Missouri: $1.32
Maryland: $1.30
Tennessee: $1.27
Idaho: $1.21
Does anyone else notice the overwhelming presence of northern "rugged individualist" states, like Alaska, the Dakotas and Montana, along with most of the South? Why it's almost like there's a pattern here or something.
Where can we find liberal bastions California, New York, and Massachusetts? California is 43rd, getting back only $0.78 for every dollar it sends to Washington. New York is 42nd, and one penny better off, at $0.79 per dollar. Massachusetts is 40th, receiving $0.82 for every dollar it sends to DC.
1) The Afghan and Iraq wars, $2 trillion.
2) $1.3 trillion for the Bush tax cuts.
3) Red state welfare (federal taxes received versus federal taxes paid):
Of the twenty worst states, 16 are either Republican dominated or conservative states. Let's go through the top twenty.
New Mexico: $2.03
Mississippi: $2.02
Alaska: $1.84
Louisiana: $1.78
West Virginia: $1.76
North Dakota: $1.68
Alabama: $1.66
South Dakota: $1.53
Kentucky: $1.51
Virginia: $1.51
Montana: $1.47
Hawaii: $1.44
Maine: $1.41
Arkansas: $1.41
Oklahoma: $1.36
South Carolina: $1.35
Missouri: $1.32
Maryland: $1.30
Tennessee: $1.27
Idaho: $1.21
Does anyone else notice the overwhelming presence of northern "rugged individualist" states, like Alaska, the Dakotas and Montana, along with most of the South? Why it's almost like there's a pattern here or something.
Where can we find liberal bastions California, New York, and Massachusetts? California is 43rd, getting back only $0.78 for every dollar it sends to Washington. New York is 42nd, and one penny better off, at $0.79 per dollar. Massachusetts is 40th, receiving $0.82 for every dollar it sends to DC.
legendary
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Core dev leaves me neg feedback #abuse #political
March 24, 2014, 11:05:09 PM
In future money those coins are worth trillions maybe
March 24, 2014, 10:52:39 PM
I think that was an overnight loan so these banks could clear their books. It was paid back
Different than Mt Gox
Different than Mt Gox
Wow.... its truly suckers born every sec...
March 24, 2014, 10:50:01 PM
The big question here for both the Federal Reserve & Mtgox...
Were these funds truly "lost", or intentionally stolen by the owners?
Call me jaded, but my vote is the later in both cases.
Were these funds truly "lost", or intentionally stolen by the owners?
Call me jaded, but my vote is the later in both cases.
March 24, 2014, 10:40:00 PM
I think that was an overnight loan so these banks could clear their books. It was paid back
Different than Mt Gox
Different than Mt Gox
March 24, 2014, 10:20:04 PM
At least they did not lost customer funds like mtgox did. ( its insured is in it 
. )
. )Are you serious?
The whole world is customer of the Fed Reserve
March 24, 2014, 10:12:58 PM
Wow. This reinforces my belief in BTC. A currency, any currency, that cannot lie must be a threat for a reason. What is that reason?
Rep. Alan Grayson, D-Florida: "I am shocked that nobody at the Federal Reserve is keeping track of this."
Rep. Alan Grayson, D-Florida: "I am shocked that nobody at the Federal Reserve is keeping track of this."
legendary
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Leading Crypto Sports Betting & Casino Platform
March 24, 2014, 10:09:53 PM
It was literally
Committee: Your responsible right?
Fed: Uh we have stuff to investigate
Committee: But that's your job
Fed: I'll go look into this article uh uh uh we need details let me out of here there's no losses sweatdrop
Committee: Your responsible right?
Fed: Uh we have stuff to investigate
Committee: But that's your job
Fed: I'll go look into this article uh uh uh we need details let me out of here there's no losses sweatdrop
March 24, 2014, 10:06:03 PM
March 24, 2014, 10:04:41 PM
You brought up a good point Seriouscoin! Where is our money!
March 24, 2014, 09:58:38 PM
At least they did not lost customer funds like mtgox did. ( its insured is in it . )
. ) legendary
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Core dev leaves me neg feedback #abuse #political
March 24, 2014, 09:05:44 PM
Heroes and role models for mark.
March 24, 2014, 08:50:02 PM
this got me thinking... with such losses and such debt soon a loaf of bread would be worth $10,000...
is this governments way of making the dollar divisible by more zero's then 2.. to try competing with bitcoin
(sarcastic face)
is this governments way of making the dollar divisible by more zero's then 2.. to try competing with bitcoin
(sarcastic face) March 24, 2014, 08:40:30 PM
i watched it a couple years ago and i was shocked at the losses yet 2 years on the news spews out stories of how the people owe trillions, yet no one mentions the 9trill that the fed owes to people. it just strangely becomes a mixed in amount that 'people' now owe
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I Quantum Leap to different worlds when I sleep...
March 24, 2014, 08:27:29 PM
The Federal Reserve is about as FEDERAL as FEDERAL EXPRESS! We don't own the Federal Reserve the FEDERAL RESERVE owns US! There was another huge balance that went missing right before 9/11 2.3 trillion? That they were investigating the disappearance of?then all of a sudden by a strange coincidence a said "plane" but was actually a MISSILE crashed into the Pentagon and destroyed that branch of office destroying all evidence of these transactions and ending the search since all paperwork was destroyed......... http://www.youtube.com/watch?v=W-F5NKAMdFc and people just magically seemed to forget all about this one unbelievable....... if you ask the SHEEPLE.....
a said "plane" but was actually a MISSILE crashed into the Pentagon and destroyed that branch of office destroying all evidence of these transactions and ending the search since all paperwork was destroyed......... http://www.youtube.com/watch?v=W-F5NKAMdFc and people just magically seemed to forget all about this one unbelievable....... if you ask the SHEEPLE..... Jump to: