Bitcoin Forum

https://twitter.com/CanarslanEren/status/448418452701974528

And is blockchain acquiring them? Head of blockchain development rumour has it is in Tokyo together with Roger Ver. An article on the 12th of March stated that blockchain is to announce the biggest acquisition yet in two weeks, so by this Thursday.

Roger Ver tweeted on the 10th of March:

"I'm not in Japan at the moment. I'm just following the reddit updates like everyone else, hoping not to be goxed again..."

What does he mean goxed again, how can he be goxed again?

On the 14th of March he tweeted:

"I'm shocked that there aren't yet Bitcoin accepting locations listed in Macau, the gambling capital of the world! That's about to change!"

How is that about to change?

The draft states that gox is meant to move to singapore, or hong kong, or macau? - the las vegas of asia?

And of course draft says gox is meant to reopen April 1st.

Are we ladies and gents about to experience the greatest comeback in the history of bitcoins?

Edit: "Our greatest glory is not in never falling, but in rising everytime we fall"
              http://9gag.com/gag/a442vZw

If the above is true it seems like it definitely was a gag order, but we probably won't officially be told until maybe it becomes irrelevant.

Or just an April Fool's Goxxing?

That's exactly what I was thinking.

I am waiting to hear the real news.  :)
This would be an amazing comeback.

not april fools

https://twitter.com/PatronaPartners/status/448430614115807232

finally :)

Mt. Gox is not going anywhere until the Tokyo District Court and the Tokyo Metropolitan Police are through with it.

Nah, they have only made an application. They can just cancel the application. Court has 0 power if they now come out and say we are being acquired and everyone will be made whole.

All of Karpeles shit has been siezed. the gig is up

source?

His ass.  He pulls this shit out of his ass.  It's where most information here comes from.

I'll withhold judgement for now, as should all sensible folk.

http://imscalable.com/blog/wp-content/uploads/2013/03/jerry-maguire-300x207.jpg

Really?
That would be one heck of a story.
I'm ready for some great Bitcoin news.

So does this mean the story about them all being "stolen by hackers" was a lie? Does "stolen by hackers" really mean "we lost the private keys but then Mark found them scribbled on the back of a playmate pinup in his bedroom?"

It means that the likelihood of a gag order forcing them to lie about "hackers" just increased from likely to nearly certainly.

How do u know so much about my ass bro? U livin up there?

You dirty Russians all smell like ass - that much is for sure.

Nobody here is asking:

1)  Who is CanarlslanEren?   Is he "someone" who should know inside things about Gox, or just some random dude?

2)  The PatronaPartners tweet references a tweet from March 4th where the dude makes the same claim.  That was a month ago.  Haven't heard Blockchain say a word about it in a month?  Doesn't exactly solidify the authenticity for me.  

Then again, I'm easily confused.

-B-

Dont be stupid. I really like your post, but you didnt give much thought in this one did you?

Its great news for bitcoin community if this is true because MtGox customers can get some of their coins back.

MtGox is already death regardless. That we can be sure.

With people like u so far up our asses its no surprise LOL russia > you

He's the guy that predicted gox found the original 200k coins


That's the tweet referencing the answer to your first question

Is this for real?  I'll have to wait for Blockchain.info announcement first.

This is scaring me....in a good way:


http://www.reddit.com/r/Bitcoin/comments/21c4lm/insider_tweets_to_say_mtgox_also_found_the_other/ (http://www.reddit.com/r/Bitcoin/comments/21c4lm/insider_tweets_to_say_mtgox_also_found_the_other/)

Worst case it's a bad leak.  

Best case.....$1200?   :o

No, best case > $1200  ;D

Hope this is true

Source on this?

it is probably true, mark returned to real world and realized his poorly executed scam was his death sentence. i also would not be surprised is blockchain in in it

I'm thinking the opposite.  If you were a victim of the Goxxing, would you hang on to your returned coins?  I'd think most people would dump them for fiat as quickly as possible.

im victim and i will not sell my refunded goxcoins(if)

I too am a victim, and I will also bee hodling my coins.

Pull them off the Mt Gox exchange? Oh hell yes they will. But exchange to fiat? I think not as much as you might expect.

just great news for bitcoin

That sounds like crazy talk. Wouldn't a rational person instead say Whew! I escaped a narrow one. Glad that lesson didn't cost me all my bitcoins. I'll never leave my coins in the hands of a third party again.

ETA: embarrassed disclosure: I lost $16.00 USD and change in the Gox implosion. Though perhaps I'll get it back - yippee!

(yes, that's sixteen paltry dollars)

Me too, any coins returned to me will be safely stored well away from any exchange.

 ::)

I'm thinking the opposite.  If you were a victim of the Goxxing, would you hang on to your returned coins?  I'd think most people would dump them for fiat as quickly as possible.
[/quote]

They'll be going straight to the cool room

Damn yeah... if this is true, i will put my 16 goxcoin in cold wallet and wait another year to become 10k!!! with all the news coming to Bitcoin out of this, its not wise to sell them for cheap (maybe we see a drop of 10-20% at first but it will come back soon)

I hope the bitcoin community that was goxed gets some/all their coins back.
Everyone should have learned a very valuable lesson from this whole mess- Hold on to your coins...no need to leave them on exchanges.

What about all the missing fiat? Are they gonna "find" that as well?  ::)

Give me a break.  Everyone keeps preaching that shit, but not everyone just hordes coins on their home computers.  Some of us actually trade/sell/arbitrage.  And for that, you need fiat and btc on the exchanges.

the bank was hacked  ::)

I don't really get the point: you guys are saying that if the coins will be found, then Bitcoin exchange rate will immediately raise. But how come? 670000 coins are a big deal, at least 100000 of them will be on markets again, hence the exchange rate will sink for a few days. Or I am wrong?

It can only fall, there is no other option. If most people keep the coins the price remains the same, if most sell the price goes to 1 dollar.

Intresting news. Lets see how this affects bitcoin price.

lol.

It is correct that the Japanese court has not yet ordered commencement of the civil rehabilitation procedure. They have only provided a protective order for Mt. Gox based on their application.

it will go up massively

it is excellent news if no one has to worry about so many stolen coins in circulation (taint risk)

Yes the world has a lack of fiat to buy any of those coins.

I don't see how it can fall.

If I lose something valuable, that I thought was lost maybe forever, and it turns up I'm jumping for f#cking joy.

Sentiment plays a huge role.

It seems you don't understand the basica rules of market. The current price is what it is without those coins, how can the price go up? coins will buy coins?

I created a poll to asses sentiment regarding its effect on the market;

https://bitcointalk.org/index.php?topic=530672.0 (https://bitcointalk.org/index.php?topic=530672.0)

Nobody even knew those coins were missing up until 3 weeks ago and the price was the same.
Finding the coins will have a negligible impact on the market.

gox is dead, and i love it. i hope Mark is in jail soonish.

Are you guys forgetting like the price was 1k or something and started to fall only cus gox started all this?

Price is going up I think to 1.2k and above

I don’t know exactly who Eren is or where his information is from, but I hope we discover more soon...

I read the source and it looks pretty weak.
If true:
"It would also turn into a colosso-massive news story. No one has ever ‘found’ a half-billion dollars before. Thanks to the miracle that is trustless, decentralized, public ledgers, though, we did. We did."

Stay tuned for more amazing updates from Bitcoin World...

Gox is super shady. Looking forward to Karpeles going to jail.

Only partly true:
The China Bubble bursting was also a huge factor in the short-term top.

Depends on people's behaviour, if the behaviour is the same the price remains about the same.
But the probable scenariio is that hose who bought cheap goxcoins will sell it as soon as possible to try to profit, and those who kept fiat in gox at a big loss are likely to be allergic to bitcoin right now and will never buy it again.

Were numbers of lost coins concealed during a negotiation? Did locating 200,000 coins alter negotiations?

I think it'll only help the value.  Even if they were stolen, they still existed so it's not like releasing them will dilute the value.  If anything it'll add positive news to the media and gain trust in many.  The best thing out of the ordeal is that we learned to keep all or just about all of our money off the exchanges.

I'm curious as to how Japan and China will react to this rumor.

then the price shoud've risen when they dissapeared

nice one captain

It is an inside job! If the FBI investigation into the case, fear and spit it out. 200000 of the money, you just throw it away, you find find, this is a joke?

We need the truth, not hide, not cheat.

So, does the latest announcement regarding police involvement have any bearing on the likelihood that they have found these coins?

Well, what if they intentionally created this whole story about coins being stolen. They sell coins just before they went down, BTC price crashed, they buy back their coins at lower price and then say everything is fine, we found the coins. Result, ENORMOUS PROFIT. Mastermind scam.

Do take into account that this is just an exercise in rumour milling.

No Gox wont come back.

I doubt anyone wants to be tied to that name or their horrible system.  Would you use a new Gox service,  if so then why after all the fuck ups gox has had, even if its under new management... why ?  there are plenty of other options nowadays.


As far as Macau opening up to bitcoin  ,  obviously there are companies in the works for doing something out there. Otherwise people wouldn't be talking about it on twitter like they are. 

There are means by which a bona fide exchange can demonstrate 'trustability' (meh) beyond brand/reputation/heresay;

https://bitcointalk.org/index.php?topic=22929.msg5286474#msg5286474

Kraken (https://www.kraken.com/), it appears, are the first(?) mover to do just this;

https://bitcointalk.org/index.php?topic=22929.msg5881541#msg5881541

The rules of price are supply and demand, not supply. 

Incredibly illegal due to insider trading, the only people who could have pulled that off are governments who wanted to trick the Bitcoin market into a bust to buy at low prices.  This whole thing is weird though, the only people that can request BTC from Gox are verified users and that fact makes this really weird.  I invested probably way too large of a percentage of my "real" coins for "Gox" coins because none of this shit made sense, and it still doesn't.  We'll have to wait and see.

check this thread - VERY related imo:
https://bitcointalk.org/index.php?topic=537772.0

So, to sum this up... it looks more and more like there is/was a federal investigation that allowed authorities to both Gag order gox and also freeze their bitcoins. Now, for the GAG order to actually work, there needed to be a cover story - and the TID was a the mechanism to blame for everything, while the investigation is underway. IMO this is related to silk road/s.

If what I said is correct, then almost all of the Bitcoins should be "found" and it fits well what Mark said... the bitcoins are not lost - just temporarily unavailable. He put a link to a site called "gag" and a directory named gag on that almost same note.

So imo that's what's going on, but I could be MILES off, as there are many questions marks about this whole thing - as you would expect there be if this is the case anyway.

It seems very related to Silk Road, and recent posts at SR point that they are directly related, remember these are simply posts by people well-known within the Silk Road community and cannot be verified, but apparently someone claimed to have found the Silk Road hacker and posted their personal identification information online to try and scare them into returning the coins.  They also claimed this person was behind the attacks on Gox, Stamp, BTC-e, etc although I am unsure what exactly they are trying to say he accomplished with that, as they said malleability can't steal coins, but they say he stole something.  Link http://www.deepdotweb.com/2014/02/18/alleged-silk-road-2-0-hacker-doxxed/

The whole situation is really messed up no matter what the real story is.

If, by some miracle after claiming all bitcoins were stolen, MtGox finds most or all of the 'missing' bitcoins and starts trading again, I hope no one in the bitcoin community ever does business with them again.  In any way, shape, or form.  It's a company that claimed 200k of bitcoins were stolen, then oops, found them underneath the couch they haven't checked for 2.5 years.  Maybe I'm being harsh, but it doesn't sound like a company I would trust with my money. 

OTOH, let's say gox returns to business during April. What's the chance they will do the same trick again during 2014? What's the chance some other exchange will do it during the same period? Some people will still trust gox due to this perceived probabilities.