Quote from: runam0k on February 14, 2014, 05:47:10 PM

Quote from: mainline on February 14, 2014, 05:36:17 PM

Quote from: runam0k on February 14, 2014, 05:23:42 PM

...I think everyone understood this to be the wild west. That doesn't mean all issuers are scammers -- there have been BTC security success stories.

Sure.
There have been scratch ticket lottery success stories too. Which doesn't mean investing in scratch tickets to make money is smart.
It's not.

Of course, if by "success stories" you mean traders making money, that has little to do with issuers not scamming. Many people made serious coin trading Labcoin, which "investors" are beginning to acknowledge is a scam.

So what are you trying to say? That there are zero bona fide, worthwhile investments in the BTC space?

I'm not trying to say anything other than what I have said. I wish I could dumb it down further, but there's only so much one can do.
Sometimes reading a passage several times brings better understanding, so maybe give that a shot?

*In case the simple logic of "The issuer needs not be a scammer for you to lose money" escapes you, that's also true.

Anyhow, we've strayed into semantic irrelevancy. As an investor, you shouldn't care whether Ken will lose your money due to ill intent or honest American stupidity.
The main takeaway here is your money's gone, either way.