the biggest flaw is: They would need to announce bankruptcy first as there are not enough newbies anymore to pay out old , stinky ,big fish which control them....the power over bitcoin is already subverted...as is seen by GOX but the always retarded bitcoinmarket is used to ignore the facts and live on speculation... and manipulation...see the gox withdrawls problems and the price behaviour....all is well..gell  |
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"By keeping the funds off the blockchain, Gox removed the protections of transparency and end-user control and replicated the model of a centralized bank without any of the controls and oversight such institutions require”. It would be easy for the other exchanges to let us control our own adresses while dealing on their platform Nobody does....you might know already why https://medium.com/p/672545b3d8d7Why dont they do it in an open way? It would help people trust them and increase business surely? How would one go about making such an open transparent exchange? What would be the flaws? any flaw would be only an excuse....but can´t do KYC sufficiently f.ex. |
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"By keeping the funds off the blockchain, Gox removed the protections of transparency and end-user control and replicated the model of a centralized bank without any of the controls and oversight such institutions require”. It would be easy for the other exchanges to let us control our own adresses while dealing on their platform Nobody does....you might know already why https://medium.com/p/672545b3d8d7 |
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and that the main btc holders want to sell they are blatantly telling you by ...lets get over the firts strike guys |
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put yourself in the boots of an exchange owner...of course can and are they able to deal in bitcoin just by bookentrys as heretofore nobody wanted to withdraw more than 10 % of the Fiat or BTC...given the unaccountability of their books it is more than tempting to deal on your own exchange but when the early chain - letter birds decide to cash out where to find the money all at once?....or why the hell find all the money all at once ? |
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oh no ..I forgot OKcoin....this bug is searching for the windshield next....raising the fees 300 % for withdrawls....is the 5% emergency fee next? |
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watch how easy it was for Mark just bowing down saying sorry and thank you while laughing his ass off and delegating the rest to the laywers.....a bit embarassing may be inside the wider community...but btc-e doesn´t need to confront any consequence saying thank you and good bye  |
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bearstamp is leading the way in the outgoing tide.....nevertheless my bet is on BTC-e who don´t want to be seen naked next....they were already announing the announcment of announcing a date for auditing...goxed?  |
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and shortly you´d be happy when finally got you craptofuck out of cold storage that you get the 121 dollars which still is an optimal deal for TBF members |
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please put up wall that I can sell my bag into  |
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everyone here has been gox rolled, what about the cat on the keyboard with no date or anything? :facepalm: As if a date on the image of a cat on a keyboard is going to make any difference as to the relevance of the image in the first place... =squeak= wtf newspaper next to the cat he just put his cat as proof that still in japan how is that going to convince anyone? creditor protection was announced in Japan...are you still doubting that his exit strategy only is concerning the money (your money BTW) not his body |
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Whats up with the movement the last 3 days? I've never seen this currency stay at the same price for so long really. Explain? For the last months the bots been all over the place (bitstamp for example) and trading/manipulating the price like crazy. Why not now?
EXPLAIN
cause death struck the Ponzi....and the body gets cold now |
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Hey, I don't see anyone else doing anything about it except standing outside that place with signs saying "where is my money".
I think the more effective thing is legal action, both civil and criminal. This incompetence has gone on long enough now. The problem is that he is not only lying when bowing down, he laughs his ass off ,as all those millions served to prepare his legal exit strategy.....lest you get a hold of cronies offshore accounts and the trading records of the sellers at GOX he has nothing to fear......but the truth : He is a lying bitch !!! |
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The news which are out and still you and the market decline to let sink in, is ,that the value increase
of craptofuck heretofore came from fresh blood entering the ponzi and you might be right that there is one
more suckers ralley to be had as the market as well refuses to accept that 850000 BTChaven´t been
accounted for and subsequently can´t be sold anymore but have been sold off already.
Still there are more criminal early-adopters who are searching for a way out and realizing profits before the
music stops. Or who in their right mind is still putting money up at exchanges which are entitelt to run?
When the criminals get indicted rather consequently the new bull is off to the races.
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so there is finally proof...the blockchain is corrupted??
may I sell some coin??
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...
But what is wrong with learning from the experience and moving on? Do you have a better option?
Lessons from *earlier* experiences have taught me that "moving on" lets scammers continue scamming. Right on. Which appears to be what the "core bitcoin community" desperately wants in the case of MtGOX. Why aren't they clamoring for a criminal investigation? Bythe way, it should be easy to find and demonstrate specific instances of use of the "malleate request and get refunded" trick. Perhaps those examples can be found even without the cooperation of MtGOX? Have any such examples been published, or is that still only a theory? Its all covered up cause the truth is in nobodys interest who holds bitcoin .....shortsightedly... But everything can easily be found in the trading records leading up to the pulling of the plug by the early adopter insider scam...the FIAT - accounts where the money of the gox selling went offer the names of the criminals ...no blockchain analyses needed...wait for the same thing happening at the other exchanges....there can´t be any meaningful new money expected, as long as those who are messing with bitcoins are not indicted..... |
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http://falkvinge.net/2014/02/28/the-gox-crater-crowd-detectives-reveal-billion-dollar-heist-as-inside-job/Who took the money?
So, the trillion-dollar question: who took the money? Strictly speaking, we don’t know that yet. We’re talking about a sum of money so large that “humongous” and “enormous” aren’t sufficient to describe it – it’s 6% of all bitcoin in existence, and assuming bitcoin keeps growing to its potential, that means one individual is sitting on 6% of the world’s future trade and retail currency supply. In today’s USD value, such an amount would be on the order of 20 trillion US dollars, or roughly 250 times the fortune of today’s richest billionaire. It’s not exactly hard to see a motive here.
If the market was rational, this would be extremely bearish. I agree that we should be a little bearish.. at least for a week or two ... b/c of this news... HOWEVER.... BTC prices have remained extremely resilient to this news... which causes me to continue to assert that there is considerable pent up demand for BTC.... Regarding the point about this seemingly probably heist (based on GOX's own renditions of the situation) is humongous and enormous, this surely is NOT as humongous and enormous as it is being made out to be in the above post...... The reality is that we still live in largely a fiat world... and in terms of overall world scandals, this one is NOT very high in the whole scheme of things... even if it adds up to more than $500 million dollars in current value.... ... NONETHELESS, i get and probably even agree with the point that BTC is going to go up and probably double in value within the next six months to a year... accordingly, this seems to be heist... is going to add up to more than a billion in about a year... BTC prices are going to be going up.. even with 6% heist of the coins... YET ... we are still a bit unclear about whether the gangsters are going to be able to profit from the coins.. The most plausible scenarios remains that the gangsters are probably going to be able to profit from their heist of these 750K -ish of BTC... In my opinion, it is highly unlikely that 750,000 BTC were stollen recently. If a huge sum of coins were stollen, then the theft occurred in 2011 when Gox security was lax and the bounty was much less. The theives sold these coins in 2011 and 2012, keeping the price repressed and explaining the long bear market at this time. Here is my theory in more detail: https://bitcointalk.org/index.php?topic=492393.msg5438572#msg5438572If the coins were not stollen recently and entered the bitcoin economy long ago, then the missing 750,000 GoxBTC is bullish medium and long term, because the effective monetary base of bitcoin just decreased by 6%. If 20% of those who thought they had coins at Gox, buy new coins (and move them to cold storage this time), that represents 150,000 BTC of sudden demand. Yep..its about new money coming into the scheme.....and as I don´t know what to do with bitcoins besides putting them in a cold wallet, as the exchanges are free to account them to anybody else....just lost my live savings to the insider -crew at Gox...surely I will convince more suckers to put some money in the fantastic black hole where the early - birds just decided to sell short. That is and will remain of the Gox aftermaths......as TBF gives a fuck. |
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"A ponzi scheme is designed to hook investors into investing by promising rewards that can never be realised, where early investors receive pay outs from new investors. The ponzi
schemes eventually collapse when the number of new investors are not enough to cover the payout's to earlier investors seeking an exit."
And the heads have been cashing out as they let Mark fall, assuring you that they will try to withdraw from the other exchanges as well but not after determinig the timing in
between themselves.
Don´t be afraid..the balanses are rumored to match over at Stamp at least as some buttcoins will be able to be bought back when this raid is done....
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The Foundation has enough money to assemble a task force to fly to Japan and assist Mark Karpeles.
Where did you read that Mark Karpeles asked for a help? You can't help someone who doesn't want your help. I agree with Biomech on his thoughts. As for the input from itod: I think a task force should be sent there anyway, and they should be very persistent in trying to help MtGox/Mark. If he refuses help, that points even more to him being guilty of misdoings. I would think there's at least someone on the Foundation or otherwise (Roger Ver?), that could sit down with Mark, have a conversation, and convince him that it is in everybody's interest to work together to find a solution. Thats not going to happen...these poeple were on the other side of the trade and in on the cover - up ( Roger seemingly bidding for Goxcoins,remember? ) ....they collected your wealth on the way up , your money went offshore already....and now your stolen coins are even dumped on you until wallstreet picks em up for 50 bucks a piece... if you don´t believe me...just watch the show |
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