Post
Topic
Board Bitcoin Discussion
Re: The Largest Bitcoin Scam of Them All?
by
WiseOldOwl
on 24/09/2011, 01:22:21 UTC
Just to chime in,
1. GLBSE has a statement that says you could lose your shirt and that this is in testing etc.
2. It is still a small start up Bitcoin service, not some elaborate corporation you are so used to being babied by.
3. It is just that, a service. It provides a place for people to post investment opportunities and to invest. It really doesnt make any other guarantees.
4. Each share you own is a XML contract that states all the terms you are agreeing to. So it is on you to invest in a company with satisfactory terms. Which seems like it would need to be Disney or WalMart to meet your standards.
5. Like 95% of Businesses fail period, whether in bitcoin or reality.
6. I think Dishwara gave some money back im not sure. But I know for a Fact I returned some funds, and am actively refunding investors still.
7. Only speaking for BitFlow, we really tried to be a business and the mining fell out. It is pretty simple. Nobody made crazy money or anything. I dont think that much money has ever been spent through GLBSE.

Summary, you want there to be a long list of posts making statements against investing in bitcoin or related interests so that when people search and randomly get thrown into the bitcoin world through a link to your posts they are deterred from getting involved.

So Hopefully they read all the way to my post.

And realize you are a person who has been coddled by govt. intervention instituted to protect you from your caveman-like intelligence.

No names, the real trolls here know who I am talking too.