Quote from: Phinnaeus Gage on November 05, 2013, 04:53:02 AM

I wonder if the Jacobson Brothers backing HashTrade who pre-ordered Monarchs with a $1M down payment read the news.

I love this comment:

Quote

Jean-Claude Morin Wrote:

Let me resume.
- The guy start a company (CoinLab) get tons of investor money.
- Strike a deal with Mt. Gox but failed to complete it's part of the bargain so that crashed.
- Change idea and decide to sell mining hardware. Create a new company.
- Get again tons of money from investor.
- Cannot compete with the over saturated market of bitcoin mining hardware.
- Declare bankruptcy
- The company own money to (himself, first company and some guy in NZ (probably the company who was building the hardware).

Investor are dump to trust this guy and they should lose their money and not invest again in this guy.

Almost akin to Jean-Marc Jacobson donating a building in Montreal to himself to house the Bitcoin Embassy.

The Montreal Bitcoin Embassy was first announced on bitcointalk.org around the middle of June and they successfully secured a building in a beautiful section of Montreal and held a meetup 2 weeks ago.

Fortunately, Bitcoin will survive Vessenes, just like it has survived Wagner and all the other hucksters.

But undoubtedly, he is a strong contender for largest and fastest destroyer of capital in Bitcoin's short history.

A communications pattern is discernible for anyone caring to look. As little as 3 days ago:

Quote from: vess on October 02, 2013, 11:31:47 PM

We've been mining for a while at BTC Guild, but thought it was time to come out of the closet.

Or the post just before that one, from March:

Quote from: vess on March 19, 2013, 03:17:31 AM

The deal's not in trouble.

We've moved a few key customers over, will announce more information soon.

Denial, diversion, stalling...anything but the truth or an accurate picture of reality. Lest we forget, this is the chairman of the Bitcoin Foundation. I'm not a member and don't have access to their forum. Are people over thee happy at being represented and associated with this person? Is anyone pressuring for his resignation?