Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATMs -- who are the players?
by
toddbethell
on 11/12/2011, 22:57:16 UTC
It is because the internet never forgets that I reluctantly revive this dead thread.

Bitcoin ATM is a California registered C corperation AND IS AGAIN actively seeking partners, developers, licensees and accredited investors. Announcments will be made soon on more appropriate threads and www.bitcoinATM.com.

The company has ‘gone dark’ in recent months for none of the reasons talked about in this thread. To date there has been approximately $35,000 invested solely by the founder. The loss of 1000btc by the ‘MyBitcoin’ theft was an untimely psychological blow. Bitcoin ATM’s largest ‘bitcoin investor’ had terms that none of his bitcoins could be sold for less than $11. Therefore it is primarily the drop in bitcoin prices from $14 to $2 that has made the runway, in almost any palatable scenario, to short. Another important component of delays was an equity dispute with Jared Turner, the chairman of Play N Trade. A settlement document (with modest financial consideration) includes wording that we never say anything bad about the situation or each other’s companies or characters.

The reason I did not go public sooner is because Jonathan Ryan Owens and Eric Lombrozo were tangled up in that dispute. I am not obligated to lay down and allow a destroyer like Jonathan Ryan Owens to harm my family. Fortunately, since Play N Trade, along with many others is also one of his victims, I don’t have to live with that mistake. I have decided to implement what I have coined ‘The Readen Offense’.

Jonathan Ryan Owens is a scam artists far worse than a petty thief because of his gift for sweet tasting rhetorical poison that vandalizes the soul. He should not have supposed that my absence from the forums meant that I did not have the goods on him! Jonathan just couldn’t stand the deafening silence of those who refuse to help him ‘simulate the illusion of rationality by entering into debates where adhononyms are not just his last argument but his first’. Video recordings, emails, text messages, the Bitcoinduit code, the names and phone numbers of his accomplices and victims will be published wherever they may be found (at least those who don’t request anonimity).
When Jonathan first came to me he said “Eric and I will help you because you have a nice family”. I should have thrown him out right then. Having recently read “Atlas Shrugged” I can’t believe I did not recognize ‘the leper’s bell of an approaching looter’! Oh, and by the way, I did not call the Bitcoin Police on him, they called me. And it was not a “DDoS attack” on Aug 25th that took down bitcoinduit.com, his gambling/ponzi scheme site. It was just me trying to gain access to ATM.co set up on the same server  the day he started work on Bitcoin ATM for the express purpose of defrauding me. Why, oh why, did I not throw him out when I witnessed him cheating his players by manipulating the game.

Oh yes, many more ‘whac-a-mole’ examples of Jonathan Ryan Owens bad behavior to come. Wherever he or his accomplices, real or fake supporters, may pop up.