Yet another crypto currency exchange dissolves, taking 600 million

2.6 Billion dollars has been server darkened of investors money and yet, people still want to get into bitcoin.

WTF?

This blog has been warning you guys since 2009 about this ponzi scam. bitcoin sounds great, until you try to cash out.

If anyone thinks that the Exchanges are not cleaning out their own client bases when...

• They are completely UNREGULATED.
• for real bitcoin, they front run every large buy or sell order.
• They are selling FAKE CRYPTO, NOT ON ANY BLOCKCHAIN.
• They are diluting their FAKE CRYPTO as much as they want..
• Only when a withdrawl is undertaken are they required to actually PRODUCE CASH.. Or relink the transaction to the blockchain
• As long as deposits exceed withdraw's their totally covered.
• When too many withdraw - blame a hacker and shut it all down.. (Like Mt Gox, Like Exchange x,y,z ad naseum!

Bitburn...say goodbye to your money. And no, bitcoin is NOT GOLD. Ignore the MC conditioning they use to sell it.