151
General Discussion / Re: Bter hacked. 720BTC bounty. Bter resumes limited operation
« on: February 22, 2015, 03:45:26 pm »Why don't you buy mtgox?Or who bought Bear Stearns? JP Morgan did. JP Morgan became bigger and more powerful from the deal...took the assets that needed to be shed and sold them, and kept the rest for themselves.
There is your answer.
Pull your fucking heads out of your ass and kill this thread. Nobody is going to do business with any incarnation of bter now.
If you truly believe buying an insolvent company is the best time to buy it, then riddle me this: who bought Lehman Brothers or Enron?
Bter has exactly 1 asset; their name. Only the dumbest person on the planet would pay anything more than a buck for it as it's is a tainted name and may only have slight posterity, sentimental, or bragging rights in its worth.
Bter lost over $1.7 million worth of bitcoin at the time of the theft. Double that number if bitcoin skyrockets to $500 per.
Mind you I'm not a big fan of them, but it is true.
JP Morgan also got freshly printed fiat for their troubles. At that point, people chose security over freedom. Interestingly, Satoshi gave us bitcoin around the same point in time, for those of us who wanted to choose freedom.
If we could get some freshly printed btc for our troubles, I would say go for it. Fortunately, crypto doesn't work that way. Solutions to these problems are required to be free market in nature. In this case, bter will most likely have to be expunged from the system.