Well, it better go down now. I've turned to fiat almost all I could.
What price are you banking on? $520-ish? or some other amount? Frrom Bitcoinbuilder FAQ As it got bigger though, I decided the only use I should have is to convert all the "real" BTC fees I earn into GOXBTC. The reasoning behind this is two-fold.. 1. I do think gox will be fine and it's a good investment, but also 2. if somehow they're not, I want to be in the same (sinking) boat with everybody else. That is FUCKED up... he had NO hedging... apparently? And, his business plan seem a bit, lacking? Anyhow... So how can you keep such a business going in the event that GOX is truly and totally insolvent in terms of the reimbursement of the investors' BTCs? This doesn't make a lot of sense to me. Why would he want to go down with the ship when he was offering a fair service? He was giving people the opportunity to buy/sell the risk of Gox imploding where both sides knew what they were getting into. Wants to show a loss for tax purposes maybe? The ONLY explanation that I can think of is that HE was trying to appear as a GOOD and honest business man... in order that he would inspire investors to have confidence in him and that he was NOT just being a sheister..... ... seems 530 to 600 is the new vol band. probably be trading that range for a while
I predict 4-5 days at most in this range... then we are going to bust out... and be in the $750 to $850 range... ... My prediction is based on pent-up demand for BTC... and also based on the fact that we have largely found out enough facts about GOX in order to adequately understand the range of ramifications... No you havenīt....who sold those 750000 BTC at Gox under 300 dollars and to which account were the money withdrawn.....who was the 10 k wall 3 hours before bitidiot came out ? Can you even fathom the ramnifications of this selling? Come on ...we are here to speculate!  |
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stamp already needs ages to process withdrawls..their trading machine discovers the Gox -lag...halting withdrawls under pretext of not having enough KYC ?...havenīt I been through this already??? may I need to tell you that a fractional will be discovered there when price stamps out 400 again ? but you may enjoy watching fat guys swimming naked by now....must be funnier then observing walls  |
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So on stamp there are 11 000 coins to 500$? I think that guy who sold 2000btc just has not enough coins  Nobody ever has enough coins to sell,sell,sell them therefore bfx pays 0.3 daily interest...so BUYBUYBUY |
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Everybody wants to be in the brotherhood for the greater good of speculating fucktards?? why dont you move on, nothing to see here, we love to speculate as the title of this thread and the name of this sub-forum suggest, and thank you for calling us fucktards.... sir welcome to my ignore list  No offense ment.sorry Sir..just asked if you really want to play in a casino with "magic MARKED brotherhood cards" So thats not speculation thats just as retarded as handing your money over to Goldman Sucks HFT |
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Everybody wants to be in the brotherhood for the greater good of speculating fucktards?? |
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I get the feeling the price is being held up and being dumped on by a few people at intervals.
Come on at least guess who these people are ! |
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may the 10 k wall-seller have known something....you bagholder still refuse to account for???
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Do you have any proof of sending 50k to mtgox? This is not speculation is throwing money off the window. You might win, but still it's stupid to do.
***Image deleted*** awtch There is NOT even a date on that page... but I suppose that there will be a correlation with other records... and then within GOX there are a lot of records of various transactions and trandes that may have taken place between the date of the deposit and the date of the closing of the exchange. HOWEVER, I am confident that ONLY a small portion of GOX customers went through the effort to save those various pages of electronic data (even though there were several weeks in which that saving of pages could have been done (between the time of the discontinuance of withdrawals until the time of the shutting off of the website).. Gox went down with his 1200 BTC. He was not seen here since he said how much he lost there. Serious shit. Some guy reported 4200 BTC Gox loss. Shit. Actually, even though some people take risks in their investments and their hopes that businesses and persons are acting with a certain level of integrity, sometimes the risks are kind of anticipated....... ... and like everyone says, the best time to invest is when others are running away from that investment....... .... ... YES>>> >> the blood of a lot of people will boil... when they read the level of admissions of loss or theft that occurred through GOX....... it is really bullshit and it still does NOT add up... that anything other than fraud was going on at some level..... which actors are responsible??? probably a few people besides Mark... .. even though the buck stopped with Mark. Bitcoin Builder claims losses of 8000 BTC + $400K USD. He took fees both sides of the trade on BitcoinBuilder.... He made plenty of RealBTC(tm) OMG and he still needs to sell them for the laywers ? but whom to? , everyones bag is quite heavy emough already ! |
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Fortress Financial Group, a publicly-traded asset manager with a market value of $4.26 billion, reported its 2013 results yesterdayand its biggest investment loss was bitcoin. in my opinion it is a good thing that big money is getting in. so thumbs up for fortress. but.. but... to effectivly create your biggest loss of all assets in bitcoin during 2013 is an outstanding example of bad timing. Wow, to screw up like that they would have bought in after November 15 (say at the peak November 30) and sold at the bottom December 15) and dropped around $7 bar into the game and be totally out before Q4 ends. Assume they put in the minimum nesesary for the loss they account for about 20% of all volume invested in Bitcoin. Not the behavior of a competent investment firm. Looks like they bought in and have hodl since..... losses are listed as "unrealised" so they haven't sold the BTC yet OMG they still want to sell 20 % of all traded bitcoin....? To the the Vietnamese ? |
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Who got the last reported Sepa - withdrawl of MT. Gox for putting up in the hall of fame? S T U R L E  ? |
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fortress invested a total of 364 Billion ? ah what are you smoking
1,000k does not make a billion. what are you smoking? yes I was wrong, millions they corrected me before, but still 20 million invested in Bitcoin at an average of 900, come one the are total pigs, price is going up buy buy buy.... hahahaah maybe they sold at 1200 and rebought at 600? And where would they trade $20m worth of bitcoin so easily? At Mt. Gox thats clear cut and they have been letting them ride (right) there  |
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All the bitcoins were stolen... how about the euros/dollars we had stored there? Can't they be given back? Anyone?
If hackers have gotten more coins out than they owned, then depositing, selling and withdrawing them as fiat on Gox again, would drain Gox's fiat balances in a similar way as their Bitcoin balance. Makes sense. But really ? could they really not notice this ? OMG- they sold them for 300 to 100 dollars to you and the balances were all withdrawn to unverified accounts or the cat ate the names of said accounts....Bitcoinfoundation anyone? |
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Still complete denial and delusion......amazing I don't get your point.... That searching still excuses for Mark and the other heads of bitcoin who covered this up is not helping your cause ! It would be better to hunt those insiders down right when the selling at Gox started... |
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I didn't lose anything but I cant explain how much I am angry and sad for those who did, I feel for them and I am not accepting the fact that this is going to be just forgotten and I don't want to move on till they fix everything up, people lost life changing amounts, I can only imagine how this will effect their lives and bitcoin in general.
+1 I cant imagine how can people put a price for such things, my freedom and my safety and my family safety has no price, not to mention that my morals doesnt let me do such a thing and only the fact that I wouldn't be able to go to sleep at night knowing that I effected someone's life so bad is more than huge. I don't know if Mark is a bad person, in fact I dont think so, I think the fact that he covered this up and tried to solve it without telling anyone was brave, but sadly this was the worst decision, he should come clean right away and minimize the damage.... Still complete denial and delusion......amazing |
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Of course this is bullish news - there are about 850.000 BTC less in the market than what the market thought: Everybody on Gox thought they had BTC - when in fact they didn't.
So the market now lacks those 850.000 BTC which means less supply at same demand... You do the math.
No there's not, if they were stolen then there is still the same amount of coins in circulation either off market or already diluted in the market. The only time there is less coins is if the keys are lost. Mt gox customers were trading and owned imaginary bitcoins Yes - but a lot of market actors actually have less Bitcoin than they previously thought (everybody with balances at gox). All those that want to replenish their positions will exert buying pressure on the market. Or am I missing something here? You're assuming that these people who had massive balances on gox (early adopters, whoever) and were cut off to those overnight are able to put the same funds on other exchanges absorbing that hit I guess 750000 BTC of those massive balances have been sold already and those balances are used to short the hell out of the helpless "sucker -community----OMG |
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Unlike in Western societies, where a public apology is taken as an admission of guilt  I'll take that as a admission of guilt, no you ? He reminds me of a scene in delirious when eddie murphy says "Now I'm gonna bend over. And when I do, start fuckin'! Here I go!" http://youtu.be/egoDQv43hAw?t=2m31sHe is laughing his ass off about all bitcoiners while doing this, as he and his cronies sold them for 100-300 bucks already and now they short the hell out of the craptofuck at bitstamp. Smart-asses |
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i wonder if the fact that 850k BTC were stolen and there is a possibility of the huge dump will be the cause of the next fud/panic
I doubt that, all current exchanges ( maybe except BTC-e) use strict AML and KYC complience Same for MtGox Soo should be very easy to catch them... Wait... how much is a passport scan on TOR ? 0.01btc ? If you can scam 850K i think it's not so difficult to forge a fake confirmed account I am no legal expert to be honest, a massive dump could happen but cashing that money out wont be easy... Hi, this is Mikes shemale speaking...I can happily tell you that the money has been taken out already while you were speculating about Gag orders, malleability and unicorns Thank you |
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Paul Buitink @paulbuitink · 2h
According to my source it was the leaking of the crisis doc that ultimately killed the rescue of Gox
The joint statement killed the rescue (if one ever was to be effected). Yeah , you could have covered up the ponzi for quite a longer time....but the majority of insiders decided to rather cash out now, since most of them sold already (and donīt want to be caught red-handed) The bag is for you Mesdames et Monsieurs |
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How could they possibly have lost 850,000 BTCs? No cold wallet at all? if it looks like an inside job, smells like an inside job and tastes like an inside job i guess it was an: inside job.it went on for a longer time. if it would have been an acute problem, mk would have been communicating with customers way more direct, authentic, shocked. he knew it. maybe did it. He done it 99.99% The fall guy gets his share but the real money already went offshore as bitcoin-community is a bunch of helpless lost speculator fucktards |
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How could they possibly have lost 850,000 BTCs? No cold wallet at all? Fuck..didnīt you get the memo...Gox was an insider outlay at the head of the chain - letter...sayonara !! |
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