Bitcoin Forum

Economy => Speculation => Topic started by: antimattercrusader on February 28, 2014, 02:59:35 PM



Title: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: antimattercrusader on February 28, 2014, 02:59:35 PM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: raskul on February 28, 2014, 03:00:08 PM
they counted all the fingers of all the journalists they employ and halved it.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: Ekaros on February 28, 2014, 03:28:04 PM
they counted all the fingers of all the journalists they employ and halved it.

Wouldn't zero divided by two still be zero?


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: sgbett on February 28, 2014, 03:32:54 PM
Waiting for FOX to report that it was 17.5 million ;)


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: Sindelar1938 on February 28, 2014, 03:34:25 PM
Clueless, irresponsible reporting
Not really a surprise but very disappointing


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: billyjoeallen on February 28, 2014, 03:39:05 PM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: raskul on February 28, 2014, 03:40:36 PM
they counted all the fingers of all the journalists they employ and halved it.

Wouldn't zero divided by two still be zero?

sorry, that should have read 'interns' i stand corrected  ;D


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: anu on February 28, 2014, 03:52:05 PM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

I like reading such crap in the press about topics I am knowledgeable about. They remind me that articles about topics I have no clue about are probably crap, too, even if I lack the knowledge to see it. Such as gas attacks in Syria or revolts in Ukraine.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: vabtc on February 28, 2014, 09:03:09 PM
sounds like they added 750,000(clients) and what was supposed to be 100,000(company), but they saw 1,000,000.  Sad that armchair bloggers are more scrupulous than MSM and have been for some time. 

My solution: (Steal this idea)

Someone build a "skin" plug-in that sits on top of the articles, people can use the skin to rate sentences one by one. True, False, half-truth, unverifiable, etc..  the aggregated input is then calculated, and the plug-in will display the community consensus on the quality of the article.  You can look up authors past scores. You can see the score for a single sentence.  Contributors would get compensated by revenue generated by ads the plug-in presents while editing, maybe some contributors input is worth more than others.  If only there were some mechanism or system out there to handle the micropayments for people doing the work.. hmmm.....if only....


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: nick32768 on February 28, 2014, 10:09:26 PM
If only there were some mechanism or system out there to handle the micropayments for people doing the work.. hmmm.....if only....

Wow, great idea!

Why don't we create a digital currency... based on cryptography... without anyone controlling it... we could call it: 'bytecoin'.    :o

Nick.



Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: MoreFun on February 28, 2014, 10:55:13 PM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

I like reading such crap in the press about topics I am knowledgeable about. They remind me that articles about topics I have no clue about are probably crap, too, even if I lack the knowledge to see it. Such as gas attacks in Syria or revolts in Ukraine.

That was exactly my thinking when I was reading things about bitcoin on some local known journals.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: cbeast on March 01, 2014, 12:33:06 AM
Waiting for FOX to report that it was 17.5 million ;)
And that they just printed more to cover their losses.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: porcupine87 on March 01, 2014, 12:53:09 AM
one year ago the price was at 36$. 64Mio$ are missing. 64 000 000/36 = 1.175Mio.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: derpinheimer on March 01, 2014, 01:05:20 AM
Waiting for FOX to report that it was 17.5 million ;)
And that they just printed more to cover their losses.

I can see it.

"Well why dont they just.. like, mine another 500k and give it to the exchange???"



Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: LarryLiu on March 01, 2014, 07:05:24 PM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."

It was lost in transaction.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: hutcho on March 02, 2014, 01:50:46 AM
The mentally challenged media in the states keep saying ' bankruptcy' .  They should stick to reporting dog shows and celebrity gossip.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: chriswilmer on March 02, 2014, 12:23:37 PM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

I like reading such crap in the press about topics I am knowledgeable about. They remind me that articles about topics I have no clue about are probably crap, too, even if I lack the knowledge to see it. Such as gas attacks in Syria or revolts in Ukraine.

+1

One of those many things that Bitcoin taught me that has nothing to do with money


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: BitCoinsLOL on March 02, 2014, 02:24:15 PM
Irresponsible journalism at it's finest complete hacks. The term Due Diligence escapes them.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: chessnut on March 04, 2014, 04:18:27 AM
 ;D

https://dl.dropboxusercontent.com/u/20972718/Three%20Dead%20Trolls%20in%20a%20Baggie%20-%20Safe%20Bank.mp3

have a listen. dont bank with gox, bank with imperial dominion!


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: DeathAndTaxes on March 04, 2014, 04:34:27 AM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."

CNN was a victim of the known sentence malleability bug.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: cbeast on March 04, 2014, 11:44:12 AM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."

CNN was a victim of the known sentence malleability bug.

lol
Deep. Probably CNN only keeps their fact checking behind their firewall and then feeds them to produce unreliable information, er wait, that's MSNBC, FOX,and CNBC.


Title: Re: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost
Post by: Bit_Happy on March 04, 2014, 12:01:07 PM
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2

Wonder where they got that number?

Fox will have it up to 2.5 Million BTC by Friday.