Bitcoin Forum

I've heard through the grapevine that MtGox will be victim of another major hack, will happen in the next month, expect BTC values to plummet once again.

Except I heard this time they'll dump the fiat and drive the market to the sky. Buy!

This is it folks, this poster has a pretty strong track record of reliable sources and has been a very active member of the community, furthermore

Mt Gox getting hacked didn't and won't push BTC below $1.  Thanks for your warning, someday I can say "I knew the guy who knew a guy who hacked Mt. Gox the second time".

Can't wait !

"I think there is a world market for maybe five computers"


never is a long time.  So it is your belief that it is impossible to make Bitcoin "newbie friendly".  Not in a year, not in a century. 

The irony of posting on a forum running on the largest, most popular network which is a direct descendant of the VERY newbie unfriendly ARPANET. 

Thank you for the warning!
I will prepare accordingly.

http://www.endlessvideo.com/watch?v=6oiIUU4pli0&start=2m32s&end=3m52s

Of course it will be attacked. It won't be the first time either... nor hundredth. MtGox is a tempting target for criminals.
The issue is how serious the damage will be. I'm betting minimal, they have a very capable crew.

there might be hackers trying to hack more then once a day, this is nothing new :-P

Awesome song.  Good find.

when there's market, there're rumors

they could get a visit from their japanese regulator and have to freeze everything.

better to only store as much as you plan to trade.  withdrawing dwolla costs just $0.25 per transaction.  now that we have encrypted wallets, paper wallets and all that is needed to protect our bitcoins there shouldn't be huge amounts of funds stored at the exchanges. 

Do you really think you've brought novel material to the table? Seriously, guy...figure out what you are talking about before you make wild unsubstantiated claims.

Last time gox was hacked, it was a two week blip in the charts, and that was when there were two shaky alternatives. Now there are tons of exchanges, and the volume will merely shift to them if gox happens to get railed.

OP... if you are so confident why dont you bring your sources to mtgox so they can avoid it..... 

this sounds like BS to me. 

MtGox is not Bitcoin. If MtGox is hacked, people are buying their bitcoins anywhere else. There are dozens of platforms there.

Even if all coins from MtGox would be stolen or even destroyed, bitcoins will be even more expensive after that!

+1

If MtGox would be hacked, I would be first in line to scoop up as many Bitcoins for $0.01 as possible. Mr Buttcoin reminds me of people waving red flags on the first railroads. Afraid of advances in technology.

Gentlemen, this is most likely a troll.

Hearsay is easy.  But is there any evidence to backup the claim?

I guess the OP must have shorted Bitcoin in Bitcoinicia?