1. Purposely raise the price of BTC, attract traders come to Mt.gox and deposit BTC. Market situation: Sell >> buy;
2. Block cash withdrawing, most of traders found it's not easy to get out money even they can sell BTC with higher price.;
3. Some of traders will buy back BTC, sell == buy, price was going stable and higher than other exchange markets;
4. Mt.gox sold customer's 40,000 BTC, and block withdrawing BTC;
5. The price of BTC dropped accordingly
6. Mt.gox to open cash withdrawing and continue to block BTC withdrawing, traders will trend to sell BTC by lower price and get cash back;
7. Mt.gox will buy back 40,000 BTC to balance account
It's not surprised to see announcement tomorrow: BTC withdrawing will continue stopped but cash withdrawing will be quickly and smoothly
So did you sign up just to spread FUD? +1 looks like true You might be right. I take back my FUD accusation lol. There are many people claiming that this is just one major GoxHoax , and I do support some of the accusations , thinking back on how Gox manage to do things. I start to believe this is no FUD. |
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withdraws are open.
So MtGox back to "normal"
Now we must just wait for settle the whole mess.
For mtgox back to "normal" means back like they were before , a total mess. |
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I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic
i think the opposite would bring more fud and thus far more panic, not adding the fact that disabling trading could be reproached to them more than letting it as is. W0rd0fM0uth I'm not so sure. Gox is just operating pretty poorly. It cannot be sustained as it's currently doing. Gox has been slowly dying since April. And every little thign they have done since then it was just another nail in their coffin. I'm afraid this was one last stunt they pulled to get some lawyer money. |
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I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic
i think the opposite would bring more fud and thus far more panic, not adding the fact that disabling trading could be reproached to them more than letting it as is. W0rd0fM0uth I think they are mostly trying to turn this situation into their favor by manipulating the market. After all , they were the cause for it , so they could benefit the most from this "known" crash. |
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There was someone reporting this actually that Mark Karples was seen in the Bahamas  Yes here is the evidence   Which is Mark and which is Karples? |
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Ok, so MtGox's press release claims that they are working with the core dev team to work through their issues, which are related to a hereto unnoticed bug in the bitcoin protocol. If this is the case, a member of the dev team should be in a position to confirm this - does anyone know if they have, and if so where?
One of the devs has made a statement. It was a problem that they were aware of abut the issue was with Gox's outdated programs they were continuing to use. And the most important thing is the time frame for which this issue was known. Gox is trying to cover up for their mess bringing in bugs from years ago. |
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dogecoin or litecoin? i want hold one of them for future benefits, any ideas?
 With this influx of altcoins , people might not even have a clue what that S stands for . Shitcoin , Stablecoin , Simplecoin, Stellarcoin, Softcoin, Singlecoin ? |
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You were promised $500 coins and they have been delivered. Now Choo chooo!
No choo-choo this year. This year? A year is like a geological era for cryptos. There will be at least 10 choo-choos and a few bear dumps this year. |
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Mt.Gox and BTC-e thank you for quadruppling my BTC holdings.  If you're saying BTC-e , how many of your orders and at what value were filled ? |
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Damn what a day, increased my btc stash with over 15%. Dont have to work for a year now  . To the moon! If btc might drop to 2$ your stash will be close to worthless , so you might be going to work soon enough. |
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In other words their release is basically saying mt gox is a thief and has stolen all our bitcoins if i read that correctly and i believe i did.
No , they are saying that the bitcoin protocol is broken and that it's not their fault for "losing" the customers coins. Isn't this a nice way to say "we fucked up really good this time" ?  a case of the worker blaming his tools for a shoddy job. Not even their tools. They are not blaming their "custom" software. They are blaming the bitcoin protocol. |
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Anyone else feeling Schadenfreude over MtGox?
You might say it like that , but I don't think the term applies to people who have been fucking around lying for over a year about their real problems. |
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In other words their release is basically saying mt gox is a thief and has stolen all our bitcoins if i read that correctly and i believe i did.
No , they are saying that the bitcoin protocol is broken and that it's not their fault for "losing" the customers coins. Isn't this a nice way to say "we fucked up really good this time" ? |
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iF you invested in doge coin just few days ago like me now you would have 30% more now..block halfving is just in few days so price jump was so obvius ..i bought at 145 satoshi just few days ago and now is 200 and i bet it will rise more
Problem is: You didn't gain 30%. Doge was stable (measured in fiat) and btc dropped. It's the same with people which hope btc will be 100 million per coin. Problem is: 100 million usd will be worth nothing at that time (hyperinflation). You need the compare the value of a cryptocoin with real world goods not with other coins.And unfortunately you can't to for the alts coins as their ties with the real world and commerce are so thin and consist mainly out of gambling and t-shirt sellers. |
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I was promised cheap coins  Where are they ? here you go...... $102 cheap enough? Too bad , just like gas at 0.02$ in available only in Venezuela , so were those coins available for a few seconds and only to people having buy orders at btc-e. |
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I'm gonna invest for the $500 drop, I believe in your data.
Wait for it , wait for it , go , go buy . |
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I am again thinking of leaving the markets alltogether. I have never felt so much fear. Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.
Serious question, how long are you in this game/forum? Sometimes , knowledge does not come with aging , but other things certainly do. |
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My brain might have suffered some critical damage trying to understand the options for this vote ...
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iF you invested in doge coin just few days ago like me now you would have 30% more now..block halfving is just in few days so price jump was so obvius ..i bought at 145 satoshi just few days ago and now is 200 and i bet it will rise more
My chart is saying 190 , so it's going after the btc prices in the pond. |
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