Bitcoin Forum

What does everyone here think about dropping the term, "Goxxed," and start using the term, "fractionalized" or even "banked"?

After all, fractionalizing has been around long before bitcoin and MtGox.

Because Mt Gox was not named Mt Fractionalize or Mt Bank.

Gox was/is a huge part of the early years.
Goxed is probably the more common spelling.
The word isn't terrible........the damage was.

It is a unique process, so ripe for an uniquely new word.

Besides, you are of course right about banks. Nothing to add there.

I disagree, "goxxed" is a pretty awesome word. It has the right amount of glottal "pungency" that allows it to carry the implied negative connotation that is embedded in the word.

[On a side note, I chuckle a little each time I hear it because I've been hearing that word for a while (with a completely different meaning) in the semiconductor industry.]

Gox was never a bank, even a fake one. They didn't lend or invest money. They just stole it.

Goxed = scamming nerds in a technologically sophisticated way. Etymology: 2010s from Mt.Gox, a former Magic The Gathering cards exchange turned into the world's biggest bitcoin exchange and subsequently pulling off the biggest online heist in the history of the internet.

 ;D

I think Goxxed is proper term. Everyone in community knows what it means.

I think Mt.Gox's name being used to describe "being screwed due to incompetence or fraud" is a fitting end to this sad joke of an exchange.

I also like calling a scammer a Karpeles...

anybody?  anybody?

And once you've been scammed by a Karpeles that's known as being 'Frappuchionoed'.  :D

goxxed has its own entry in the urban dictionary which I think is very apt.

Goxxed is a perfect word to describe what happened. Using well known nouns as verbs is a common phenomenon. Google it.  ;D

saying "you been scammed" is not very descriptive.

but saying "you been goxxed" is excellent. because just those 3 words gives people knowledge that
1) a person was scammed out of funds
2) the scam happened in december 2013
3) the scam involved the exchange MT.Gox
4) the perpetrator was mark karpales
5) the perp' got away with atleast 740k btc

and soo on.

so i love the term as 3 words can open up so much information, where words such as:
do not even do the event justice

This, totally agree with u, it's a great world to describe that.

You don't even need three words, just the one, but I think goxxed will become known for many different things - being scammed, shoddy service, exchanges holding funds for ages etc.

Gets creepy when people start to see you "Around" and then start to make fun of you and then are named 'hailariousandco'  

Should be fuckinghilariousandco

Getting 'goxed' should become the de facto word describing getting scammed by crypto-currency businesses. It will go down in history and as a reminder how amateurish bitcoin was in the early days. :D

+1, karpeles is the official name of scammers from now on.

I love it

Karped if by one
 Goxed if by many

Haha. I like Karped. Megakarp if it's a massive scam  :D.

no, it should be used for the singular event
such as getting zhou tong'd is a known term for the bitcoinica event. (sorry noobs, thats before your time)
such as "i was at 9-11" is a known term for being at or very near the towers at that disaster.

to try watering down the pure disastrous and epic meaning of a term by linking it to any bad experience simply dilutes its meaning entirely, and it no longer becomes epic. so please keep terms for singular events, otherwise they become meaningless.

goxxed should remain solely for a event involving MT.Gox, pure and simple

lets go on. the story is over and mark has a new job anyway:


https://i.imgur.com/zjgcGkz.jpg

Not at all. That's not how this works. Plus Mt Gox might not even exist anymore.

Goxxed sounds like a new trend word, that will probably get in the dictionary soon.  Sounds good enough for it.

Goxxed sounds good enough, also keeps the name of the company which cheated everybody. After all, humans have short memories

Part of me agrees with this, but part of me feels it'd be shame to limit a word that has such a unique kick to one event.

I think because of the newness of the event, the words does dilute its impact at the moment; but given enough time, that diluting will occur likewise. Personally, I see it doing the opposite, those in the know, will still understand the impact of that word, but it'll also add a tinge of richness to the already jumbled up English vocabulary. I'm not trying to appeal to ignorance (argument-wise), but there are lots of words that have etymologies that are vastly different from their present-day connotations.

It's like only calling Ponzis a Ponzi if they were carried out by Charles Ponzi.

'Goxxed' is a term that was in general use well before December 2013. This last event was not Gox's first round of screwing users.

Gox started Goxing way back in June 2011.
When all the email addresses were released (after a hack/notebook computer theft) was the first time I got Goxed.

Soon after Gox helped make BTC crash all the way down to 1 penny, and many people got Goxed!

It was a huge part bitcoin history for better or for worse. The term likely here to stay.

http://www.urbandictionary.com/define.php?term=goxed

Karpeles Tunnel Syndrome - exchange to exchange to exchange

I agree on retaining Goxed as a new term. I've used it several times in 4 days, it just kinda rolls out intuitively with regard for people getting ripped off.

Karped - scamming one
Goxed - scamming many
KTS - exchanges biting it in succession

works.

As long as there's a Mt. Gox or Gox exchange re-opening soon, getting "Goxed" will remain as part of our vocabulary.

Let's hope they learn after their relaunch.  Personally, I'd rather them be completely gone, but I still want to see the community that traded with them get their restitution first.

Agreed.

Courts and lawyers will eat up a huge % of the remaining money.
Gox is probably dead forever.

Never used gox, but still got craptogoxed and lost all my zeitcoin. Worser things have happened.

I like Karpeles Tunnel Syndrome, but what can Frappunchioned mean?  ;D

Curse you Phinnaeus Gage!

Your post made me laugh and I got some of my adult beverage out through my nose and onto my keyboard!

LOL!

My $.02.

;)

When Mark disappears from Japan, we need to take a closer look at all the local fat policeman.
Stranger things have happened...

Goxxed is a great word.  And a historical reminder of how not to run a business, exchange, your life :P  I also think this 740,000 btc heist was an inside job.  Or Karpeles "missplaced" the wallets.  Funny how they found 200,000 btc in the corner collecting dust eh.

Goxxed is right up there with "Mallicked"!

"Mallicked"?:

http://christophermallick.blogspot.com/2013/10/epassporte-website-shut-down.html

http://jrlchartsonline.net/JRL2010/index.php/2010/10/epassporte-lays-off-all-employees-and-closes-doors-for-good/

Most who had funds in ePassporte never got back the money and were therefore "Mallicked"!

My $.02.

;)

Goxxed is a great word. So is goxcoins, which could be generalised to mean any perpetually delinquent IOU for cryptocurrency  ;D

Everyone in this thread now has 7000 of my freshly issued goxcoins. Enjoy!

Well that was pretty much unanimous. "Goxxed" is the preferred word.

 :D

Yeppers!

My $.02.

;)

One x in Goxed
http://image.spreadshirt.com/image-server/v1/compositions/110247324/views/1,width=190,height=190,appearanceId=1.png/goxed-again_design.png

Goxed has only one x:


Here is an epic memory from 2011:
http://i1110.photobucket.com/albums/h451/silvercent/goxedagain.png

Why does this guy look so punchable

Goxed is great word. Everyone know what it means. Why would any one want to change it.

Yes, Gox just stole it!!!

I believe the good people of this thread may appreciate my coin ;)

http://s27.postimg.org/rvdctwc2n/Goxxed_Coins_066_2.jpg (http://postimg.org/image/rvdctwc2n/)

Check it out :)
https://bitcointalk.org/index.php?topic=508380.0

Can't wait to see the word used in the mainstream lexicon.

"Goxxed" or Goxed" either way: should always be rememberd.

(like "pre-order" ;-)

Banked is good but the unique isn't the same as when someone says Gox'd.

because Goxxed remembers another world at starts with F.
because even the silkroad 2.0 is more transparent than them, they are giving back the customer's hacked coins.
because they are really incompetent and dishonest even  taking into account the corrupt banking system parameters.

Yep.  The term "Goxed" evolved to fill the need to communicate "being screwed by Mt.Gox's incompetence".  I'd hope to see it evolve further to cover incompetence by other businesses in the crypto-currency sphere.

Being "Goxed" certainly doesn't refer to one event.  A bitcoiner would have to be pretty new to the scene to think this, particularly owing to the prophecies of an imminent goxing prior to the final collapse by various forum members.

Both spellings "Goxed" and "Goxxed" trace their roots back a number of years, and seem to be used interchangeably.  While I prefer "Goxed" (fitting with standard spelling rules), it seems that these are largely considered alternative spellings.

I watched the market value collapse to 1 penny in real time; that was just awesome!  Mt.Gox rolled trades back which caused a bit of a stink, especially among the then newbies who were confusing Mt.Gox's ability to do this with the "no chargebacks" feature of Bitcoin itself.

I do find it fitting that Mt.Gox went out by delivering one huge final goxing (literally "ultimate goxing").

I remember that like it was a week ago. It was almost impossible to place an order because the system was already busy eating through the entire buy side. Thank goodness we have more than one usable exchange these days.

Zombaio which appeared on the scene not long after ePassporte receded into the night appears to be in its death throes with former ePassporte go-to guy "Michael O" who went from ePass to Paxum to Zombaio has "left the building".. have Zombaio clients been "Mallick'ed"? (http://www.christophermallick.net)  :o

Zombaio is run by:
Jesper Thörnblad, Karl David Jönis Venngren, and "Tomas B. Anderson" so-called VP, who might be a fictitious entity created to leave all the blame on when the shit finally hits the fan.. not long now.. Can we think of a new acronym based on those names for this shit storm I wonder.. hmm.. they sound like Vikings lol  8)