Meet Bitcoin Fastest growing currency in the world

NSSVO

Veteran
Joined
Apr 30, 2012
Messages
44,435
Reputation
2,887
Daps
86,707
YOU GUYS LIKE TO COMPLAIN ABOUT FIAT CURRENCY BUT YOU WANT TO INVEST IN DIGITAL MONEY, BROTHER? "COIN" FILES KEPT IN A WINDOWS FOLDER NEXT TO YOUR FUNNY CAT GIFS AND PORN, DUDE?

Breh.. you stay dropping knowledge :laff
 

Meta Reign

I walk the streets like, ''say something, n!gga!''
Joined
Jun 9, 2012
Messages
3,220
Reputation
-3,576
Daps
6,588
Reppin
Franklin ave.
YOU GUYS LIKE TO COMPLAIN ABOUT FIAT CURRENCY BUT YOU WANT TO INVEST IN DIGITAL MONEY, BROTHER? "COIN" FILES KEPT IN A WINDOWS FOLDER NEXT TO YOUR FUNNY CAT GIFS AND PORN, DUDE?

The easiest thing to do is knock those who are trying. . . Brother.

There are people in this world who genuinely recognize that we have inherent problem with major global currencies. So please stop trying to diss the people working to correct that problem. I'll admit in this case, it's likely in vain, but still. . .
 

Idaeo

Superstar
Supporter
Joined
Jan 10, 2013
Messages
6,884
Reputation
3,499
Daps
33,658
Reppin
DC
From Wikipedia:

There have been incidents of theft of bitcoin balances:
On 19 June 2011, a security breach of the Mt.Gox bitcoin exchange caused the nominal price of a bitcoin to fraudulently drop to one cent on the Mt.Gox exchange, after a hacker allegedly used credentials from a Mt.Gox auditor's compromised computer to illegally transfer a large number of bitcoins to himself. He used the exchange's software to nominally sell them all, creating a massive "ask" order at any price. Within minutes the price corrected to its correct user-traded value.[71][72][73][74][75][76] Accounts with the equivalent of more than USD 8,750,000 were affected.[73]

In July 2011, the operator of Bitomat, the third largest bitcoin exchange, announced that he lost access to his wallet.dat file with about 17,000 bitcoins (roughly equivalent to 220,000 USD at that time). He announced that he would sell the service for the missing amount, aiming to use funds from the sale to refund his customers.[77]

In August 2011, MyBitcoin, a now defunct bitcoin transaction processor, declared that it was hacked, which resulted in it being shut down, with paying 49% on customer deposits, leaving more than 78,000 bitcoins (roughly equivalent to 800,000 USD at that time) unaccounted for.[78][79]

In early August 2012, a lawsuit was filed in San Francisco court against Bitcoinica — a bitcoin trading venue — claiming about 460,000 USD from the company. Bitcoinica was hacked twice in 2012, which led to allegations of neglecting the safety of customers' money and cheating them out of withdrawal requests.[80][81]

In late August 2012, an operation titled Bitcoin Savings and Trust was shut down by the owner, allegedly leaving around $5.6 million in bitcoin-based debts; this led to allegations of the operation being a Ponzi scheme.[82][83][84][85]

In September 2012, it was reported that U.S. Securities and Exchange Commission has started an investigation on the case.[86]

In September 2012, Bitfloor, a bitcoin exchange, also reported being hacked, with 24,000 bitcoins (roughly equivalent to 250,000 USD) stolen. As a result, Bitfloor suspended operations.[87][88] The same month, Bitfloor resumed operations, with its founder saying that he reported the theft to FBI, and that he is planning to repay the victims, though the time frame for such repayment is unclear.[89]

:huhldup:
 

AgentGrey

MeVsYou
Joined
May 4, 2012
Messages
4,267
Reputation
340
Daps
5,399
I remember when I was complaining that btc went up to $15 per coin :ohmy:

Funniest thing is I tried to tell a few friends and fam about it back then and they'd all give me something along the lines of "I aint flippin coins, fukk I look like? :rudy:" or "I aint participating in no scam :scusthov:"


Started from the bottom now we here :shaq: :stylin:
 
Top