Post
Topic
Board Securities
Re: [WeExchange]WARNING!The Fall of Ukyo II: Ukyo Digs a Hole?!WARNING![WeExchange]
by
hammurabi
on 19/11/2013, 07:46:36 UTC
It looks like money is gone and we were scammed, again.
Hate to say that but after labcoin and terrahash I can now add Ukyo to the list.

Even if he repays it seems that he used the money for other purposes which he should not.
With coin rapid appreciation his debts will now go big then large then huuuuge.
Exchange no longer exists to earn him coin for repayment.

The only way he can stop the spiral is to take massive fiat loan to cover the whole bitcoin debt and repay fiat loan over time.
But with his debt being as huge as debt of United States of America I doubt he will claim it.

I know that he used to have reputation but what can he do without the coin?!
Unlike United States Ukyo doesn't possess dollar printing machinery!

So sad. Didn't see it coming from this direction!
I am hurt and bleeding.

And it seems that... regulation is needed as hell because..
..in this shape bitcoin is good for nothing except for safe keeping in cold wallet.