Bitcoin Forum

Economy => Service Discussion => Topic started by: thelema93 on March 01, 2014, 09:59:10 AM



Title: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 09:59:10 AM
Mark Karpeles has admitted in the recent Press Conference that he has "identified the problem" with the cold storage and they are "working on this"!

AMAZING!!!!

"We identified the problem, we are working on this"
http://www.youtube.com/watch?v=aI06KXMPwBA&t=0m42s (http://www.youtube.com/watch?v=aI06KXMPwBA&t=0m42s)

"We are working on it"
http://www.youtube.com/watch?v=aI06KXMPwBA&t=0m24s (http://www.youtube.com/watch?v=aI06KXMPwBA&t=0m24s)

Neither of these comments can be applied in any way to coins that have been stolen.

The blockchain also shows that coins sent to Gox HAVE NOT BEEN STOLEN. See this thread:https://bitcointalk.org/index.php?topic=493511.0 (https://bitcointalk.org/index.php?topic=493511.0)

If ALL his coins had been stolen, he would not be 'identifying' any problem and 'working on it'. He would be crying at home - he would have nothing to 'work on'. His business would be deader than a dead horse with no hope of ever recovering.
THE COINS HAVE NOT BEEN STOLEN

http://oi62.tinypic.com/33y1i87.jpg

Thanks to theshazbot for finding this.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: alfabitcoin on March 01, 2014, 10:36:47 AM
Man, i know you are lost your coins, i did as well, but stop be delusional with emotional swings. That wont give your coins back!
There is no news other then bancropcy protection filled in japan.
With such thread you can make even more damage then already is, think about it. You have a hope, good for you, but keep it personal and private!


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 10:46:39 AM
Man, i know you are lost your coins, i did as well, but stop be delusional with emotional swings. That wont give your coins back!
There is no news other then bancropcy protection filled in japan.
With such thread you can make even more damage then already is, think about it. You have a hope, good for you, but keep it personal and private!

OK I was waiting for that kind of response.
But can you explain this:

If it is 100% true that the coins were hacked and stolen. Why wouldn't he and his lawyers just come right out and state that as fact.
They haven't.

Instead he says there is a problem and they are working on it.

How can you explain that?

Also if you read the Transcript of the conference they said:

"*DJ Mt. Gox Lawyer: Missing Bitcoin May Have Been Withdrawn Through System"
WHAT THEY ARE NOT SURE?

( https://bitcointalk.org/index.php?topic=492006.0 )


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: alfabitcoin on March 01, 2014, 10:53:12 AM
Please reread what i said.
Iam not entering into debate here. Just suggested to voice down your sesantional breaking news threads. It serve nobody any good.

Your title in this thread is misleading and you know it!!!


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 10:57:27 AM
Please reread what i said.

So you can't explain that then. Thought so.
It doesn't make any logical sense for them to NOT say outright that coins were stolen. So far no-one has actually said that. Just rumours and the 'more or less' legit document.
Sorry but when a bank get's robbed, they don't say "The money may have been removed from the bank" AND "we found the problem and we are working on it" They would say clearly "we got robbed"

Why WOULDN'T a company say that on TV - because it's not true and they know it.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: smoothie on March 01, 2014, 10:58:49 AM
And they were insolvent as I and many claimed....all the naysayers can suck it.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 11:01:21 AM
And they were insolvent as I and many claimed....all the naysayers can suck it.

Thing is - I am trying to get an intellectual oppinion on what has been said and what hasn't.
If people just want to do name-calling, please just read another thread or something.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 12:05:16 PM
Can anyone explain:
Why would he NOT say they got stolen if they in fact did?

So far there is 1 place that says 'stolen' - that is a 'more or less legit' document.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: Armis on March 01, 2014, 12:34:36 PM
Can anyone explain:
Why would he NOT say they got stolen if they in fact did?

So far there is 1 place that says 'stolen' - that is a 'more or less legit' document.


a good reason to not say they were stolen is if he is the one that stole them. if no one finds them then he will be content to "find" them all by his self.


instead of speculating, a team of blockchain investigators should scrub the blockchain and find the funds, once the funds are found Mark will say: "oh, there they are, I forgot about that" the cryptocurrency economy is saved the, and  system will have protected itself.

https://bitcointalk.org/index.php?topic=492776.0


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: fonzie on March 01, 2014, 12:36:21 PM
@thelema93

Fuck Off


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 12:51:40 PM
I had an interesting conversation with MagicalTux regarding this on IRC today, log here: http://pastebin.com/LPm3jBG7

very funny. Bros? Or is is Take That?


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 12:53:44 PM
Can anyone explain:
Why would he NOT say they got stolen if they in fact did?

So far there is 1 place that says 'stolen' - that is a 'more or less legit' document.


a good reason to not say they were stolen is if he is the one that stole them. if no one finds them then he will be content to "find" them all by his self.


instead of speculating, a team of blockchain investigators should scrub the blockchain and find the funds, once the funds are found Mark will say: "oh, there they are, I forgot about that" the cryptocurrency economy is saved the, and  system will have protected itself.

https://bitcointalk.org/index.php?topic=492776.0

Possible yes, but unlikely I would say. Why would he ruin his career and get threatened my various mafias across the globe, so he can steal some coins, when he could just keep the exchange going and make millions per month anyway? Doesn't make sense.

No. Much more likely he wrote some sloppy code to fix the malleability issue and accidentally corrupted his wallets. Now he's buying time to fix them.



Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 12:57:00 PM
I had an interesting conversation with MagicalTux regarding this on IRC today, log here: http://pastebin.com/CebdypmT

very funny. Bros? Or is is Take That?

https://www.youtube.com/watch?v=oHg5SJYRHA0


That is just plain wrong.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: Lohoris on March 01, 2014, 12:57:56 PM
I had an interesting conversation with MagicalTux regarding this on IRC today, log here: http://pastebin.com/CebdypmT
the lulz are good


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: Buffer Overflow on March 01, 2014, 01:01:51 PM
Please reread what i said.

So you can't explain that then. Thought so.
It doesn't make any logical sense for them to NOT say outright that coins were stolen. So far no-one has actually said that. Just rumours and the 'more or less' legit document.
Sorry but when a bank get's robbed, they don't say "The money may have been removed from the bank" AND "we found the problem and we are working on it" They would say clearly "we got robbed"

Why WOULDN'T a company say that on TV - because it's not true and they know it.

Gradually one by one people will realise their coins are gone, they won't be getting them back.
It will take a month or two until the last penny finally drops.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 01, 2014, 01:04:58 PM
Anyway.... so who wants the prize for explaining why Gox would be "working on" fixing some kind of problem after having 750,000 BTC stolen ?

What - they "identified the problem" that allowed someone to steal ALL their coins and now they are fixing it and then they will do a little merry dance and everything will be fine again?!!!

NO. Obviously the "problem" is something to do with their cold storage. What else could it be?

Come on, please tell me.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: alfabitcoin on March 01, 2014, 01:12:09 PM
Okay, you are right. Mark will save and recover cold storage and you will get your coins back.
Feeling better?


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: grifferz on March 01, 2014, 01:16:16 PM
Mark Karpeles has admitted in the recent Press Conference that he has "identified the problem" with the cold storage and they are "working on this"!
During the time when MtGox was in operation but with all withdrawals suspended, did Karpeles not repeatedly state that he had identified the problem, was working on it and that withdrawals would be available again soon?

"This time it will be different"


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: theshazbot on March 01, 2014, 03:51:52 PM
Quote from: thelema93

Thanks to theshazbot for finding this.


You highjacked my thread in the same subforum, asshole.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: Lohoris on March 01, 2014, 05:56:00 PM
Mark Karpeles has admitted in the recent Press Conference that he has "identified the problem" with the cold storage and they are "working on this"!
During the time when MtGox was in operation but with all withdrawals suspended, did Karpeles not repeatedly state that he had identified the problem, was working on it and that withdrawals would be available again soon?

"This time it will be different"
People learn veeeery slowly.

Quite difficult to think positive when you're surrounded by idiots.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: T.Stuart on March 01, 2014, 06:00:56 PM
From "speculation":

[14:13] <xiando> I'm surprised you actually answer me for once. I did not expect that. I'm just wondering if you have a timeframe for when the "temporary unavailable" bitcoins will be available?
[14:15] <MagicalTux> I never thought it would come to this but here we are
[14:15] <MagicalTux> I'm gonna give a public statement later
[14:16] <MagicalTux> I give you my word
[14:17] <MagicalTux> For you see there is a lot of things we have to deal with now
[14:17] <MagicalTux> It's up to the US govt when we can access the cold storage
[14:17] <MagicalTux> We never got it back after they confiscated it last summer
[14:18] <MagicalTux> I'm gonna be frank here
[14:18] <MagicalTux> They let us keep running the exchange but they did freeze all our assets in relation to the SR to investigation
[14:19] <MagicalTux> So you see it is really not our fault
[14:19] <MagicalTux> So down to the deep truth
[14:13] <xiando> truth?
[14:19] <MagicalTux> It never accrued to us that we would have to access the cold storage
[14:20] <MagicalTux> I'm gonna have
[14:20] <MagicalTux> to run out shortly
[14:21] <MagicalTux> hang around for a while so
[14:21] <MagicalTux> you and I can talk some more
[14:21] <MagicalTux> after desert
[14:21] <MagicalTux> Now you should read the second word of everything I wrote

http://pastebin.com/LPm3jBG7


The timeframe of the chat is slightly fucked i see:

[14:19] <MagicalTux> So down to the deep truth
[14:13] <xiando> truth?
[14:19] <MagicalTux>

So i don't know if this is FUD or reality...

http://www.youtube.com/watch?v=dQw4w9WgXcQ


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: itsunderstood on March 01, 2014, 06:32:43 PM
This whole situation is being manipulated is a serious 'fuck you to the public' fashion.

So I take this rickroll data as a veiled bluff at the truth.  The governments hate BTC enough to wage war against it, and they think cryptocoiners are young and stupid, they are somewhat right, but here they have bitten a poison pill.

Stealing SR wallets and now Gox coins via captured pawn Mark K.?  Stealing good people's money right with the bad?  Is that your holy war on drugs showing?

Wow, this drug war thing is way out of hand.  It's is causing far too much profits for those who run the top of the pyramid.  I suspect world war is coming so whomever has BTC will surely ride it through the next war.

Corporate brand of teh Nazis, survived WW2 just fine, thrived even.  Humans, not so much, but corporate brands and national flags?  Shit, for them, bloody fields are like yummy soil in which to grow strong.  HAIL WAR as the ultimate moneymaker!


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: BitCoinNutJob on March 01, 2014, 06:36:58 PM
From "speculation":

[14:13] <xiando> I'm surprised you actually answer me for once. I did not expect that. I'm just wondering if you have a timeframe for when the "temporary unavailable" bitcoins will be available?
[14:15] <MagicalTux> I never thought it would come to this but here we are
[14:15] <MagicalTux> I'm gonna give a public statement later
[14:16] <MagicalTux> I give you my word
[14:17] <MagicalTux> For you see there is a lot of things we have to deal with now
[14:17] <MagicalTux> It's up to the US govt when we can access the cold storage
[14:17] <MagicalTux> We never got it back after they confiscated it last summer
[14:18] <MagicalTux> I'm gonna be frank here
[14:18] <MagicalTux> They let us keep running the exchange but they did freeze all our assets in relation to the SR to investigation
[14:19] <MagicalTux> So you see it is really not our fault
[14:19] <MagicalTux> So down to the deep truth
[14:13] <xiando> truth?
[14:19] <MagicalTux> It never accrued to us that we would have to access the cold storage
[14:20] <MagicalTux> I'm gonna have
[14:20] <MagicalTux> to run out shortly
[14:21] <MagicalTux> hang around for a while so
[14:21] <MagicalTux> you and I can talk some more
[14:21] <MagicalTux> after desert
[14:21] <MagicalTux> Now you should read the second word of everything I wrote

http://pastebin.com/LPm3jBG7


The timeframe of the chat is slightly fucked i see:

[14:19] <MagicalTux> So down to the deep truth
[14:13] <xiando> truth?
[14:19] <MagicalTux>

So i don't know if this is FUD or reality...

http://www.youtube.com/watch?v=dQw4w9WgXcQ



oh i see fake


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: T.Stuart on March 01, 2014, 06:43:00 PM

WTF the US gov has the coins  ?   

Sorry

http://www.youtube.com/watch?v=dQw4w9WgXcQ


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: itsunderstood on March 01, 2014, 06:57:45 PM
oh i see fake

Fog of war more like.  They own this forum in terms of the FUD they can run.

It's totally their playbook to mock the obvious truth.  Occult practice says that you have to have a willing victim, you must have the truth before their eyes and have them not see it, and this demonstrates power.

That they are mocking this idea, will cause more focus.  You will see eventually, that this is more than just another rickroll.  Far more than that.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: Xialla on March 01, 2014, 07:29:44 PM
this is false hope OP, pls stop it


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: Buffer Overflow on March 01, 2014, 08:08:32 PM
That they are mocking this idea, will cause more focus.  You will see eventually, that this is more than just another rickroll.  Far more than that.

The end result is the same whatever the truth is. Any coins now left on Gox won't be returned to their owners.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 02, 2014, 03:44:26 AM
this is false hope OP, pls stop it

This isn't false hope. This is me trying to understand what Mark meant by saying those words.



Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 02, 2014, 11:11:16 PM
It is mind-blowing that the world is buying some story from a document that was NOT mad by Gox claiming that all their coins were stolen,
while at the same time the CEO says that the he has 'identified the problem' and is 'working on it'

Also 90,000 BTC has been traced to still be in Gox's wallets:

SEE: http://letstalkbitcoin.com/the-ghost-in-the-machine-at-mtgox/#.UxO4FV65Jlv
WALLET 1: https://bitcointalk.org/index.php?topic=494761.0
WALLET 2: https://bitcointalk.org/index.php?topic=492776.0

Also I cannot believe that I am the only person who has noticed this is the dodgy document:

Liabilities
Bitcoins 2,000 BTC
in the Hot Wallet
624,408 BTC(Customers)
+120 000 ( MtGox)
- 80 208 BTC
From banned or suspicious accounts


TOTAL: 744,408 BTC

AND "At this point 744,408 BTC are missing due to malleability-related theft which went
unnoticed for several years."

So their total liabilities INCLUDING a reduction due to accounts they have chosen to ban just so happens to come to the EXACT SAME figure that they claim was 'STOLEN'? Excuse me?


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: T.Stuart on March 02, 2014, 11:26:25 PM
It is mind-blowing that the world is buying some story from a document that was NOT mad by Gox claiming that all their coins were stolen,
while at the same time the CEO says that the he has 'identified the problem' and is 'working on it'

Also 90,000 BTC has been traced to still be in Gox's wallets:

SEE: http://letstalkbitcoin.com/the-ghost-in-the-machine-at-mtgox/#.UxO4FV65Jlv
WALLET 1: https://bitcointalk.org/index.php?topic=494761.0
WALLET 2: https://bitcointalk.org/index.php?topic=492776.0

Also I cannot believe that I am the only person who has noticed this is the dodgy document:

Liabilities
Bitcoins 2,000 BTC
in the Hot Wallet
624,408 BTC(Customers)
+120 000 ( MtGox)
- 80 208 BTC
From banned or suspicious accounts


TOTAL: 744,408 BTC

AND "At this point 744,408 BTC are missing due to malleability-related theft which went
unnoticed for several years."

So their total liabilities INCLUDING a reduction due to accounts they have chosen to ban just so happens to come to the EXACT SAME figure that they claim was 'STOLEN'? Excuse me?


TL; DR ALL GONE


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: crazyearner on March 03, 2014, 05:53:12 AM
and in other news

http://www.youtube.com/watch?v=iYFPRyjmv8o

He says hes sorry.  Ibet hes got them in cold storage somewhere and hes waiting for the day to goto btc-e and cash them all in.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: joesmoe2012 on March 03, 2014, 06:15:20 AM
Biggest thread to bitcoin - MK cashing in the cold storage...


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: thelema93 on March 03, 2014, 06:20:45 AM
So how come their 'Liabilities' in the dodgy document, just magically equals the amount that was 'stolen'?

WTF?


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: Pangia on March 03, 2014, 04:19:47 PM
BREAKING NEWS!

Litecoin coming to GOX, right after Karpeles solves the mystery of the missing Bitcoins.

At a press interview on a golf course, Karpeles is seen swing a mean club, but pauses to tell a reporter that he's working diligently on solving the case of the missing coins and then states "watch how great I swing this club".


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: CappingGod on March 03, 2014, 04:28:33 PM
So how come their 'Liabilities' in the dodgy document, just magically equals the amount that was 'stolen'?

WTF?

You lost your coins, move on, deal with it, next time don't deposit in a dodgy website asking for so much verification.


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: madzooka on March 03, 2014, 06:30:58 PM
Another one canard from Mark Karpeles. Although the company is dead he is still cheating


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: cafminer1 on March 03, 2014, 08:40:01 PM
Crisis Strategy Plan:

GOAT HOAX


http://s27.postimg.org/ffc7qw9tf/goax_LOGOw2.png


Title: Re: [GOX] BRAKING NEWS: Karpeles admits he is "Working on" retrieving cold storage!!
Post by: joesmoe2012 on March 10, 2014, 02:21:01 AM
So maybe this is why all the coins have been moving around lately, maybe in fact the coins aren't going just unavailable atm as he had said.