Post
Topic
Board Bitcoin Discussion
Re: Statement about the suspect of recent Bitcoinica hack
by
zhoutong
on 29/07/2012, 12:04:37 UTC
I'm trying to squeeze funds to see if I can compensate more personally, but I'm not in a very good financial condition. If NameTerrific is profitable in the future, I will be happy to contribute more personal funds to help Bitcoinica customers.

Look at this liar!

I have heavily invested in Bitcoin (I purchased one 1,000 BTC gold coin from Casascius and will keep it for as long as I can).

1,000 BTC is definitely not enough to compensate the shortfall if Bitcoinica still insolvent. Also it won't make my financial condition any better. My tuition fees are A$30,000 per year. By my estimation I won't be able to survive without any income until mid-2013.

Also I planned to invest majority of my bank savings into Australian shares (Telstra is climbing... :-( ), and it seems that this plan has to be pulled off as well. (I made the plan when I received about $10,000 from Bitcoinica every month. The salary lasted for only 2 months.)