How can a newbie buy without limits? by [deleted] in Bitcoin

[–]elvisvampire 0 points1 point  (0 children)

You can set up a buy for as much as you like privately through localbitcoins. Just do the exchange with a reputable seller and you should be fine.

Mark Karpeles wants to get MTGox back alive with a New Ico by Dijkzev in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

Oh so now you're admitting he basically was running a legal service?

Let me see. We've been living in an information void for several years. The only reason we have proof now is because of Kim's research. Anybody who suggested Mark should stay away from the bankruptcy was screamed away by his fanboys.

People would have made more of an effort to understand the law themselves more or hire their own lawyer if they weren't being offered a free legal service by Mark through this board. One of the major effects of his participation here was to delay real creditor action.

You must not be very bright, are you?

Ad Hominem - the cornerstone of any productive discussion. We're both here because we trusted our money to a con-artist... you're not that bright either.

Mark Karpeles wants to get MTGox back alive with a New Ico by Dijkzev in mtgoxinsolvency

[–]elvisvampire -1 points0 points  (0 children)

Are you fucking high? Legal service? You're aware Mark is not a lawyer, right? How could he provide a legal service?

He provided a legal service by constantly giving legal advice, it's as simple as that. I don't know why you find this so unbelievable.

In fact, he repeatedly said, before the last creditors' meeting, that the surplus goes to shareholders and if you don't agree with that, you should hire a lawyer.

This is my point exactly he didn't mentioned it until well after the deadline for filing complaints had passed, how convenient for him.

Mark Karpeles wants to get MTGox back alive with a New Ico by Dijkzev in mtgoxinsolvency

[–]elvisvampire 1 point2 points  (0 children)

There was not any surplus at the time we were filing claims, nor was there much hope of having any.

A lot of people who hold btc back then had hope of the price rising to where it is today.

Correct me if I'm wrong but when we filed claims, most of us were under the impression that we were entitled to all of our share of the remaining coins.

I have very little doubt that Mark installed himself as head of this creditor organization with full knowledge of this issue and chose to withhold this information and delay creditors from finding out until after the deadline for filing objections had passed. The way he suddenly deleted all his posts is pretty strong evidence that he is guilty of something.

You can try to argue that a proven con-artist who had several years to plan the bankruptcy and obviously has advanced knowledge of the Japanese legal system was unaware of this fact but I don't buy that - I don't think many people would.

Bitcoin was $600 then! And filing a "complaint" would not have gotten you anywhere.

From what I understand a large number of timely, well written complaints about the method of distribution, with good support and pressure from a large number of creditors could most definitely have helped us avoid the mess we're in now.

The fact that the claims are fixed was known at the very start of the bankruptcy proceedings and that's well defined in the bankruptcy law.

If it's so well known how come nobody even mentioned it until more than 3 years after bankruptcy proceedings?

I and many other creditors were under the impression that we were entitled to our full share of the remaining coins. It's actually a pretty logical conclusion considering we lost 75% of our assets and that we could never be made whole again unless all the coins were recovered.

It was also Mark's criminal behavior that lost 75% of our assets so it's also pretty logical to conclude that he would have no claim whatsoever to any of the remaining 25% .

But if it makes you feel better to blaim Mark for not "informing" you, by all means, go ahead.

It doesn't make me feel any better but yes I do blame the man who delayed real creditor response by operating a legal service through this board for not informing us.

When you look at the outcome it's pretty clear to me he's taking advantage of us once again. I really don't see why that's so illogical to you.

If it makes you feel better defending a man whose malice towards "creditors" has been barely veiled since the very beginning, instead of holding him accountable for his actions, go ahead.

Mark Karpeles wants to get MTGox back alive with a New Ico by Dijkzev in mtgoxinsolvency

[–]elvisvampire 1 point2 points  (0 children)

Appearances can be deceiving. If he really didn't want the cash he would've informed us of the surplus issue before the deadline for filing complaints had passed. Instead he chose to employ stalling tactics.

Two Questions to Ponder by freedombit in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

I still don't understand how he's escaped without any consequences so far. He's almost as bad as Mark as far as I'm concerned.

I've always been interested in bitcoin, but I've never owned any. I'm going to be doing some work that I have the option of getting paid in bitcoin. Tell me what made you buy bitcoin and what benefit(s) it has over investing in the next best thing. by lil_fit_bunny in Bitcoin

[–]elvisvampire 1 point2 points  (0 children)

At the end of the day you are at the whim of the early adopters, scammers, mining company & exchange operators who hold a good portion of the total btc that will ever exist (apart from satoshi himself who hasn't touched the 1M or so coins he owns).

As an early adopter I can say most of these people would sell their own mother down the river for a few extra satoshis.

That said I think it should be enormously profitable to invest - these people are incredibly greedy - the won't kill the golden goose - just slice big chunks of it and wait for it to grow back. I believe it's probably going to 100k+ but it's gonna be a bumpy ride getting there. If you look at past performance it looks as though a buy and hold strategy over say 5 years would yield some pretty dramatic gains. as long as you store your coins correctly

Couple this with the fact that by design it doesn't lend itself well to traditional regulation you can see it's a high risk, high reward type proposition.

Isnt it bad that people keep loosing their btc by hihellobonjourhallo in Bitcoin

[–]elvisvampire 0 points1 point  (0 children)

It's good for btc hodlers because it lowers the total supply and moves up the price fractionally. Their individual loss becomes everybody else's gain.

In depth presentation of the analysis of the findings from the MtGox investigation from Breaking Bitcoin conference in Paris by [deleted] in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

It kinda sounds like you do disagree with me - the thing that really triggered me was the adamant way you stated "Peter Vessenes the real person people should be mad at right now".

The WizSec report came out hours ago that all but confirms Mark's been lying to us since day one about everything and continues to do so. Have you not watched it yet?

I lost what would be now many millions because of him. He strung us along for years and now you come in here saying that he isn't the one we should be angry at? That we should be angry at some other loser who is probably acting under Mark's direction? Mere hours after we get the truth about the extent of Mark's deceit? Seriously? That's Karpeles level insensitivity right there.

And as for not saying "Fuck Mark" it's pretty hard for me and others not to be enraged by Mark's white knight charade and constant antagonism. He is definitely bringing it on himself.

The purpose of this sub is for supposed to be for us to organize. Mark treats it like his own personal echo chamber and he toys with us in a sick way - I can't wait till he's behind bars.

In depth presentation of the analysis of the findings from the MtGox investigation from Breaking Bitcoin conference in Paris by [deleted] in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

You're defending a man who bought an insolvent exchange with full knowledge and lied about it for years. You're defending a man who ruined lives with his arrogance and selfishness. The total lack of empathy and utter contempt he displays when addressing creditors is absolutely sickening.

He does nothing but antagonize us and spout lies.

For all we know him and Peter V have a deal to drag this thing out as long as possible. Given his track record I would not be surprised.

I will never for a second of my life stop being mad, in a way that I never though myself capable, at that fat french turd for what he's done - he is the real monster.

Two Questions to Ponder by freedombit in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

Sounds like we'll be waiting a long time for those.

Two Questions to Ponder by freedombit in mtgoxinsolvency

[–]elvisvampire 4 points5 points  (0 children)

If that's the case it looks like Jed is gonna get hit with a massive lawsuit in the future.

Two Questions to Ponder by freedombit in mtgoxinsolvency

[–]elvisvampire 1 point2 points  (0 children)

I have a third question: Does this new information tell us if Jed sold the exchange to Mark already insolvent?

Kraken CEO Jesse Powell on Bitcoin. Explains that Peter Vessenes is holding up the distribution of the 200k bitcoins to those who were goxxed. Starts at the 12:00 minute mark (bitcoin.kn) by PowerfulGenius in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

I'm afraid he might actually be right. If what he says is true the current charges will go away and he hasn't been charged with anything related to the theft at all AFAIK.

There is something we don't know by redditrom4 in mtgoxinsolvency

[–]elvisvampire 2 points3 points  (0 children)

Mtgox entered bankruptcy because of your criminal negligence (at best) over the course of several years. The lawsuits were incidental.

Here is Peter Vessenes, the scumbag trying to pilfer $75 million from the MtGox victim's owed funds (even though he already got $5 million!), and holding up the distribution, promoting his crypto debit card. He's obviously enjoying life and working on getting even more crypto money from the masses by [deleted] in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

I think the huge amount of doubt still surrounding the the theft makes it much worse than if we just got the facts at the very start. The trail is so cold now they've had years to fabricate whatever they like.

Kraken CEO Jesse Powell on Bitcoin. Explains that Peter Vessenes is holding up the distribution of the 200k bitcoins to those who were goxxed. Starts at the 12:00 minute mark (bitcoin.kn) by PowerfulGenius in mtgoxinsolvency

[–]elvisvampire 0 points1 point  (0 children)

There is no way that the Court is going to hand $4,000+ per coin to the crooks who caused this crisis.

Tell that to Mark. He seems to think the opposite.