Bitcoin Forum

Bitcoin => Press => Topic started by: thezerg on February 28, 2014, 07:56:32 PM



Title: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: thezerg on February 28, 2014, 07:56:32 PM
http://www.kitco.com/ind/Brecht/2014-02-28-Gold-Ain-t-No-Bitcoin-And-Thank-Goodness.html (http://www.kitco.com/ind/Brecht/2014-02-28-Gold-Ain-t-No-Bitcoin-And-Thank-Goodness.html)


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: Axiomatification on February 28, 2014, 08:27:31 PM
Quote
It has been reported that 850,000 bitcoins were lost.

Just vanished into thin air.

They didn't vanish into thin air, someone likely has them.  We just don't know who.


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: aigeezer on February 28, 2014, 08:59:43 PM
Quote
It has been reported that 850,000 bitcoins were lost.

Just vanished into thin air.

They didn't vanish into thin air, someone likely has them.  We just don't know who.

Not unlike the German gold stored in the US.       :)

http://www.zerohedge.com/news/2014-01-19/germany-has-recovered-paltry-5-tons-gold-ny-fed-after-one-year


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: MantasU90 on February 28, 2014, 11:13:19 PM
In such a loong history of gold. Was there any of it lost, stolen.?


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: meanig on March 01, 2014, 12:44:42 AM
In such a loong history of gold. Was there any of it lost, stolen.?

There's quite a lot at the bottom of the world's oceans.


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: Singlebyte on March 01, 2014, 01:57:00 AM
Quote
It has been reported that 850,000 bitcoins were lost.

Just vanished into thin air.

They didn't vanish into thin air, someone likely has them.  We just don't know who.

Lose the key to the wallet/address and they have for all purposes "vanished".


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: MantasU90 on March 01, 2014, 01:09:50 PM
In such a loong history of gold. Was there any of it lost, stolen.?

There's quite a lot at the bottom of the world's oceans.

Had that in mind to when this was writen. I wounder what do people feel like when they are
 being robed on the street for their golding ring or a chain? If you smart enuff you can always hide your key.


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: Axiomatification on March 01, 2014, 01:43:20 PM
Quote
It has been reported that 850,000 bitcoins were lost.

Just vanished into thin air.

They didn't vanish into thin air, someone likely has them.  We just don't know who.

Lose the key to the wallet/address and they have for all purposes "vanished".
True, but I think it's very unlikely that Gox lost the keys.


Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: zeroday on March 01, 2014, 08:08:58 PM
Quote
Gold investors have the backing of thousands of years of global history of using the metal as a currency

Dinosaurs were backed by millions years of history. Where are they now ?

Quote
Hackers or hard drive crash. No matter the cause behind the Mt. Gox system failure, the end result is the same. The bitcoins are gone. If you own gold, you can go check on it now, but I imagine it is just where you left it.

Hahaha. Remember Executive Order 6102 (http://en.wikipedia.org/wiki/Executive_Order_6102) of 1933 ?



Title: Re: [2014-02-28] kitco Gold-Ain-t-No-Bitcoin-And-Thank-Goodness
Post by: Lyomon86 on March 03, 2014, 11:49:14 AM
It has been reported that 850,000 bitcoins were lost! O_O unbelievable!