Re: PSA: cypherdoc is a paid shill, liar and probably epic scammer: HashFast affair
Seriously, the idiocy about Frap.doc's coins has become at least as bad as Frap.doc's idiocy about 1MB blocks.
Idiots beget idiocy I guess, seems to be following this frap.doc around. What idiot could think he could take 3000BTC from a failed mining venture (with undelivered hardware) and not expect to be targeted by the creditors? "Follow the money" has lead directly to cypherdoc in this case.
I would have nothing to do with the guy, quite frankly he's toxic to the forum.
You know what else is "toxic to the forum?" Your (and others') willingness to reach outlandish conclusions without regard for the actual facts of the matter.
Frap.doc didn't "take 3000BTC from a failed mining venture."
He took a sales commission for helping a brand new start-up raise the millions required for their ASIC NRE. The bankruptcy came much later, long after he had done his part.
TSMC isn't cheap. Hey, I know, why don't HF creditors try to get their money back from TSMC?
It makes sense, in your "follow the money" logic. But alas, such an attempt would also be laughed out of court.
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What idiot could think he could take 3000BTC from a failed mining venture (with undelivered hardware) and not expect to be targeted by the creditors?
One such "idiot" would be Judge Montali, who (after ridiculing and thoroughly rubbishing your "follow the money" logic) denied the motion to attach.
So you say his "service" could create value worth way more than 3000 Bitcoins? I wonder how you get to that conclusion. If he would have known investors that would invest 30,000 Bitcoins, then 3000 Bitcoins would be a high reward still, but understandable. But he never had the ability or a standing big enough to justify that payment.
And TSMC? They did not take an amount that is way beyond a normal payment for them.
I cant see how you can come in and claim that the 3000 Bitcoins were justified. There was nothing he did or could have done that this justified.
And you say Judge Montali believed that he is some bitcoin god with followers in the thousands that would not only pay 3000BTC, no even more so that the payment had a slight justification. If the judge really believes he is such a big figure who deserves that payment then he spoke with the wrong person till now.