1000$ is perfect. And should stabilize around that price. And then everybody can use it without to much risk.

Yap... I am paid. Making some nice coins from this. Tnx Huaii.
Lets keep this going. I will invest again soon.

Got paid. Invested again . I rly like this one lets keep moving !

Mt. Gox Allegedly Loses $350m in Bitcoin (744,400 BTC), Rumoured to be Insolvent
Pete Rizzo (@pete_rizzo_) | Published on February 25, 2014 at 07:21 GMT | Companies, Exchanges, Mt. Gox, News

UPDATE (25th February, 09:28 GMT): The source code on Mt. Gox’s website now reads “put announce for mtgox acq here” leading some to speculate on the motives behind the document leak:


A document has surfaced suggesting that troubled Japan-based bitcoin exchange Mt. Gox will close for one month as part of a four-step rebranding plan, and that CEO and former Bitcoin Foundation board member Mark Karpeles will step down from his executive position as part of the process.

The bitcoin price has been tumbling all morning amid the news, hitting a low of $419 so far this morning.

Entitled “Crisis Strategy Draft,” the document suggest the company’s increasingly dire financials are greatly impacting the decision. By Mt. Gox’s own estimates, they say, it has only 2,000 BTC and approximately $22.4m in fiat currencies in its possession.

The document was first reported by Ryan Galt, aka the Two-Bit Idiot, who later confirmed to CoinDesk:

“Several sources familiar with the situation confirmed the legitimacy of the loss claims and the authenticity of the ‘Crisis Strategy’ document.”

The document is branded with the current Mt. Gox logo and a redesigned version, and claims to have detailed inside knowledge of Mt. Gox and its financial affairs, but appears to be written by a team external to Mt. Gox’s current management.

The document is publicly available for viewing here and embedded below this article.

According to the leak, Mt. Gox has lost close to 744,408 BTC or $350m at current prices, and faces an unconfirmed additional $55m in fiat liabilities. The company suggests that theft related to transaction malleability has been ongoing for several years, but was not reported by the company.

We can assume now that withdrawals will not recommence, at least not in the foreseeable future. Customers with Mt. Gox accounts will not be receiving their bitcoins or possibly even other currencies in what is effectively an insolvency, though no-one in an official position is using that word.

At Japan time on the eve of the statements, Japan’s finance and banking regulator the Financial Services Agency (FSA) said it would not be intervening in the issue as it did not view supervision of digital currency exchanges as part of its obligations.

Seeking capital injection

Rumors of the proposal first began circulating on 24th February, when the document was posted on the popular digital currency blog The Two-Bit Idiot. Sources close to the company suggest the document is real, and that it is part of a plan by Mt. Gox to raise investor capital.

The document paints a vivid picture of potential investors who are seeking to raise the necessary capital to continue operations, or at least use whatever remains of Mt. Gox’s brand value to begin a new venture.


coindesk bpi chart

The CoinDesk BPI shows bitcoin’s dramatic price drop following this morning’s revelations.
While admitting Mt. Gox’s image is “broken”, it notes that throughout the recent bad press customers have continued to deposit funds and trade on the exchange.

The document also evokes sweeping rhetoric aimed to tie Mt. Gox’s fate to that of the broader bitcoin community: “The likely consequences will be larger than this localized financial damage, and we believe that the benefits of keeping MtGox stable and running outweigh the risks. This isn’t about saving MtGox anymore.”

They suggested the demise of its brand could set bitcoin back “five to 10 years”, and that governments should and would react “swiftly and harshly”. “At the risk of appearing hyperbolic, this could be the end of Bitcoin, at least for most of the public,” the document reads.

Mt. Gox, through intermediary sources, declined to comment on the validity of the reports at press time.

High-profile responses

Coinapult founder and bitcoin entrepreneur Erik Voorhees posted a lengthy and emotional commiseration on Reddit, claiming he had 550 BTC stored with Mt. Gox himself and “will never get any of that back”. He wrote:

“I should have known better, of course. I take responsibility for leaving those funds with an entity that had proven incompetence repeatedly. I chose to ignore even my own warnings, for nothing more than the sake of convenience.”

While laying the blame firmly at the feet of Mt. Gox, he affirmed that bitcoin itself was not at fault and security was not impossible, and implored others to continue “building a new financial order.”

“It won’t be the last calamity endured before the win,” he continued.

Several high-profile bitcoin companies, including Coinbase and Blockchain.info, moved swiftly to distance themselves from Mt. Gox and launch into a strident defense of bitcoin itself in a joint statement:



Rebranding process

The leaked proposal recommends a full rebranding of the company and even a possible relocation to another jurisdiction, like Singapore.

Firstly, it calls for the immediate reduction of liabilities through the injection of new bitcoins and the purchase of coins at depressed prices on its own exchange, in what sources told CoinDesk amounted to a bailout of the embattled exchange.

It paints a wishful picture of brand continuity without promising much to customers, maybe to neutralize any anger bound to arise from a hard shutdown and keep stakeholders’ hopes somewhat alive.

“Customer support will stay operational to deal with people who want to have access to their account/history”, it says, while maintaining that few, if any, staff employed at the current company would remain, particularly CEO Karpeles.

“New branding, means that there are future-forward plans already in the works, and customers will see that MtGox actually has a plan in motion.”

It continues: “The MtGox price is low, making it possible to erase a significant portion of the debt, but it needs to be done quickly.”

Reducing liabilities

The document notes that protecting the image of bitcoin itself is a primary concern, since a failure on Mt. Gox’s scale will be a disaster for digital currency in mainstream eyes.

To reduce this damage, it appears to put out a plea to high profile members of the bitcoin community to inject funds in the order of 200,000 BTC into the exchange, saying “the costs of not doing so are incalculable at this stage.”

“Support from Bitcoin big players and core community – long term, high leverage: Coins for equity, coin donations, and cash injections to buy coins at the cheap MtGox price are some options among many.”

“Bet on future profit to refill the lost coins – Long term, low leverage: Regardless of malleability and regulatory issues, MtGox’s main problems are massive robbery and poor bitcoin accounting. However, the business as an exchange is highly profitable and healthy when run properly.”

Mt. Gox becomes Gox

The document suggests stakeholders would eventually see some kind of return, without saying when or indeed what the return might be. Should the company re-open with a new image, the strategy would be to limit withdrawals both in bitcoin and cash to prevent a bank run.

Note the timeframe (italics are for emphasis):

“With the profit, a meticulous analysis will be made over the coming years to clean the bitcoin balance sheet while running the exchange and generating revenue to pay back stakeholders. New offerings such as additional currencies, low trading fees, etc will give customers a reason to stay with MtGox.”

Management reshuffle

Removing Mt. Gox’s management team seems to be a priority and, ironically, this is an area the Japanese authorities seem willing to regulate: “In Japan, a CEO cannot resign until a new CEO is nominated. In that case customers knows that MtGox is still around and working, but under new management.”

Mark Karpeles

It continues: “Try to reduce the impact and raise stakeholder confidence, and eventually get Mark out.”

One strategy the document puts forward is a “Letter from the CEO”, essentially a mea culpa from Mark Karpeles that admits Mt. Gox’s technology was inadequate to deal with the task of maintaining a bitcoin exchange, both in transaction volumes and response to the the malleability issue.

Mounting evidence

Though doubts remain among certain high-profile sources, at least two of the company’s four listed strategy points seem to have already been confirmed.

For example, Part Three of the four-part plan called for the company to rebrand as Gox.com, a process that it said would require it to “reset all SNS channels for communication”, which is consistent with Mt. Gox deleting its entire history of Twitter posts just yesterday.

Further, a search of the Internet domain registration database WHOIS seems to confirm Mt. Gox’s intention to rebrand as Gox.com. The resource shows that the domain Gox.com has been purchased by Mt. Gox parent company Tibanne Co Ltd, and is currently owned by Karpeles (http://www.whois-search.com/whois/gox.com).

Mt. Gox Trading Halts As Bitcoin Businesses Move to Assure Investors
Daniel Cawrey (@danielcawrey) | Published on February 25, 2014 at 04:14 GMT | Bitstamp, BTC China, Circle, Coinbase, Exchanges, Mt. Gox,

Hours after Japan-based bitcoin exchange Mt. Gox suddenly halted trading activity, the company’s website is now completely offline. Notably, the news follows other troubling signs that all is not right with the exchange, such as its sudden removal of its entire Twitter feed.

Bitcoincharts market section shows the last trade on Mt. Gox occurred at 01:59:06 UTC, which is 8:59 EST.

When users logged into the bitcoin exchange’s website they were experiencing the following error message when trying to buy or sell bitcoins:


tradedisablemtgox

Not long after the suspension in trading activity and subsequent outage, leaders within the digital currency space joined together in a bid to restore confidence in bitcoin and distance themselves from the embattled exchange.

The US-based hosted wallet Coinbase published the statement first, which later appeared on other websites connected with the messaging. The post, titled “Joint Statement Regarding MtGox“, reads:

“The purpose of this document is to summarize a joint statement to the Bitcoin community regarding Mt.Gox.

This tragic violation of the trust of users of Mt.Gox was the result of one company’s actions and does not reflect the resilience or value of bitcoin and the digital currency industry. There are hundreds of trustworthy and responsible companies involved in bitcoin.

We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfill the promise that bitcoin offers as the future of payment in the Internet age.

In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds. As part of the effort to re-assure customers, the following services will be coordinating efforts over the coming days to publicly reassure customers and the general public that all funds continue to be held in a safe and secure manner: Coinbase, Kraken, BitStamp, Circle, and BTC China.

We strongly believe in transparent, thoughtful, and comprehensive consumer protection measures. We pledge to lead the way.

Bitcoin operators, whether they be exchanges, wallet services or payment providers, play a critical custodial role over the bitcoin they hold as assets for their customers. Acting as a custodian should require a high-bar, including appropriate security safeguards that are independently audited and tested on a regular basis, adequate balance sheets and reserves as commercial entities, transparent and accountable customer disclosures, and clear policies to not use customer assets for proprietary trading or for margin loans in leveraged trading. It does not appear to any of us that MtGox followed any these essential requirements as a financial services provider.”

The statement also names the following bitcoin industry veterans as supporting this position.

Fred Ehrsam — Co-founder of Coinbase
Jesse Powell — CEO of Kraken
Nejc Kodrič — CEO of Bitstamp.net
Bobby Lee — CEO of BTC China
Nicolas Cary — CEO of Blockchain.info
Jeremy Allaire — CEO of Circle

The outage of Mt. Gox and the subsequent joint release of this statement follows unconfirmed reports about the future of Mt. Gox’s viability as a bitcoin exchnage.

CoinDesk is monitoring this developing story, and will post updates as they become known.

Bitcoin Prices Down As Mt. Gox Concerns Escalate
Pete Rizzo (@pete_rizzo_) | Published on February 25, 2014 at 06:15 GMT | Exchanges, Mt. Gox, News, Prices

Uncertainty about the future of major bitcoin exchange Mt. Gox is growing in light of its recent decision to take down its website amid escalating, as-yet-unconfirmed rumors that it has been the victim of widespread theft and could be nearing a lengthy or even permanent shutdown of its services.

Mt. Gox, through intermediary sources, told CoinDesk that it has no comment on the news at this time.

Now, the market is reacting to the lack of information about the developments.

At press time, prices at major bitcoin exchanges have recorded steep declines in just the last few hours, fueled by consumer uncertainty about the impact of a worst-case scenario at the once-leading bitcoin exchange.

Prices fall

After holding steady at roughly $550 throughout most of the day, the price of bitcoin on BTC-e declined sharply to a low of $480. From 9:00 pm to 12:00 pm EST, the exchange saw prices fall rapidly from $546.

The price of namecoin, novacoin, peercoin and primecoin also declined on the news.

Mt. Gox was likewise a hot discussion point on the exchange’s community chat room, with users debating the future of the exchange and what it will mean for bitcoin prices in the short and long term. Others debated the fate of coins still held in the exchange, though for now, we know only that Japanese regulators are unlikely to step in to mitigate any damage.


Screen Shot 2014-02-25 at 12.26.16 AM

Bitstamp followed a similar trajectory, declining from $505 at 9:00 pm to lows of $452 at 12:00 pm.

Further, data from Bitcoincharts suggests the price of bitcoin was $135 on Mt. Gox at the time it halted services.

Bitcoin businesses brace for worst

Prices were no doubt also affected by a joint announcement from bitcoin business leaders suggesting indirectly that Mt. Gox is no longer trustworthy. Comments on the official releases suggest, however, that wording changes have been made to original statements.

For example, user comments on the posts suggested the original postings contained the word “insolvent”, though current versions do not.

Together, Coinbase, Kraken, Bitstamp, BTC China, Blockchain and Circle discussed how they plan to ensure faith in the bitcoin ecosystem:

“In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds.”

Though the major businesses moved swiftly to distance themselves from Mt. Gox, such actions seem to have done little to stem the damage – at least as far as prices are concerned,.

My toughs: Fucking mtGox i hope they burn to the ground. And stop this maddens so we can have bitcoin at 1000$ again as it should be.

Hahah... Now hows that for an answer. U guys are awesome. Keep up the good work.

Web site is in the early stage . Will get improved. I was thinking the same thing as u now !  

Do the math u will make your money back in 60ish days . So everything after that is profit. Yes it will drop with diff inc-rise but still its profit. I think this is much better that buying ASIC and mining yourself. You will wait for it, then it will take long time to make return on your money.

Playboy Plus, a Playboy Brand Website, is Now Accepting Bitcoin
Pete Rizzo (@pete_rizzo_) | Published on February 24, 2014 at 23:49 GMT | Companies, Merchants, News

Screen Shot 2014-02-24 at 1.30.34 PM
Playboy, the iconic media company that publishes Playboy magazine, is now accepting bitcoin payments for its adult entertainment content through at least one of its web properties.

Though not yet formally announced to the public, the payment option is currently live on the Playboy Plus website, and is available to those purchasing one-month, six-month and lifetime memberships through Georgia-based merchant processor BitPay.

Formerly the Playboy Cyber Club, according to its official Twitter account, Playboy Plus is an online component to Playboy magazine that provides original nude picture content.

Playboy’s online branded assets are operated by Montreal-based adult entertainment conglomerate MindGeek, and as such, the bitcoin rollout appears to be part of a broader move toward acceptance from MindGeek, not necessarily Playboy.

The bitcoin payment option appears only accessible through plus.playboy.com, and does not appear when users are prompted for payment via the official Playboy website. iPlayboy, the company’s online magazine archives, is not yet enabled with the payment option either as of press time.


Screen Shot 2014-02-24 at 11.59.17 AM

Why MindGeek matters

While bitcoin’s first association with the Playboy brand may grab the most headlines, the addition of MindGeek (formerly Manwin Group) to the bitcoin ecosystem is undoubtedly more significant.

MindGeek owns a number of major subsidiary brands, including Brazzers and Reality Kings – which themselves operate roughly 30 websites each. Further, MindGeek operates top brands such as YouPorn, PornHub.com and Mofos.

Avi Bitton, CTO of California-based adult movie studio Wicked Pictures, told CoinDesk that Playboy Plus is just the latest in what could become a measured rollout of the payment option across all of MindGeek’s major websites, though he stopped short of confirming such plans.

“It’s a payment option. Think of a large company that owns domains rolling out a payment option. You think that’s going to probably percolate to multiple sites? That’d be a good framework for working things, right?”

Bitton describes himself as a bitcoin advocate and enthusiast working to facilitate adoption in the industry as a whole, though he is not affiliated with MindGeek or Playboy.

Trials begin

News of the MindGeek trial first serviced earlier this February via reddit user Bowiestar, who broke the news that IKnowThatGirl.com, a subsidiary of Mofos and MindGeek, was accepting bitcoin payments for membership plans. The Brazzers brand has been rumored to integrate bitcoin payments, but indications are it has not formally done so.

Speculation began after a reddit Ask Me Anything session in January, in which Brazzers responded cryptically to user questions about whether it would soon accept the digital currency.


Screen Shot 2014-02-14 at 9.55.43 AM

Reddit user Bowiestar, who told CoinDesk he spoke with the Brazzers press team, indicated that if successful, the trial could roll out to more, or possibly all, of MindGeek’s websites.

The IKnowThatGirl trial is also being facilitated by BitPay, adding evidence to the idea the company is conducting a measured rollout. Notably, both Porn.com and Naughty America, the two most recent additions to the list of bitcoin merchants in the adult industry, also accept bitcoin via BitPay.


Screen Shot 2014-02-24 at 11.56.25 AM

Adding to confusion is that the Manwin brand is still displayed on the company’s bitcoin payment prompts on Playboy Plus, despite the fact that the company recently rebranded as MindGeek.

Neither MindGeek nor Playboy responded to requests for further comment, though Bitton suggested that so far reception has been positive internally at MindGeek.

Purchasing

Users who want to purchase membership plans via IKnowThatGirl.com or Playboy Plus can do so by visiting the website and clicking to sign up for a subscription.

At this stage, users will be prompted to create an account and choose their payment method – credit card, check or bitcoin. The following was taken from IKnowThatGirl, though the Playboy Plus checkout is similar.


Screen Shot 2014-02-13 at 5.08.34 PM

Bitcoin users will then need to enter their email address and select their membership plan. Options at IKnowThatGirl include a one-month membership for $39.95 or a year-long membership for $119.95. The lifetime membership on Playboy Plus is the most expensive package at $499.99.


Screen Shot 2014-02-14 at 10.41.27 AM

Finally, users will be prompted with a QR code from BitPay to complete the transaction.

Impact

Adult entertainment websites seem increasingly inclined to test the waters with bitcoin payments, despite noted limitations with subscription payments. Coinbase offers periodic push payments, but these don’t provide regular, automatic billing.

In recent weeks, Porn.com and Naughty America both began taking bitcoin, with Porn.com even increasing its sales by 10% with the payment option. Naughty America has declined to release exact figures, but has been enthusiastic about the results.

But, in terms of global web traffic, the addition of MindGeek’s websites to the list of bitcoin merchants in the adult entertainment world would be significant.

According to lifestyle blog TheRichest:

“They are among the top three bandwidth consumption companies on Earth, operating more than 73 websites in all – free, paid and webcam. It has been reported that the company brings in over $200m annually.”

Pornhub.com ranks #84 in the world in terms of web traffic and is #53 in the United States. Similarly, YouPorn.com ranks #105 globally and #117 in the United States in overall site visitation.

In addition, the Playboy brand is likely to add validity to the movement given its leadership position in the industry.

My toughs: Now this is some wonderful news

Problem is if u can't prove that was you they dont know it. And u are the new user for pd. U need to decide for 1 player id and use that.

When u buy ghs its with you 5 years. I am not sure what happens then, can u sell them or u can only keep them. But 5 years is SO LONG TIME in btc world . U should get ur money invested in ghs in 60ish days after that all is pure profit !

U need to be active on chat more than 1 day, and then u can ask some of mods, PokerJet, nahtnam, Hui . If they think u are active and trusted member of community they will white list u.

Pony Botnet Virus Steals $220,000 from 30 Types of Digital Wallets
Pete Rizzo (@pete_rizzo_) | Published on February 24, 2014 at 23:03 GMT | Crime, News, Wallets

In what is being called one of the most ambitious cyberattacks affecting virtual currency to date, Chicago-based IT security services provider Trustwave has revealed that a crybercrime ring known as Pony botnet is using a Trojan virus to steal from 30 types of digital currency wallets.

Trustwave researchers found that credentials for approximately 700,000 digital wallet, email and desktop  accounts have been compromised, and that roughly $220,000 had been confirmed stolen from 85 digital currency wallets as of the time of writing.

Ziv Mador, director of security research at Trustwave, told CoinDesk that consumer and merchant wallets were both affected by the breach, and that bitcoins, litecoins, primecoins and feathercoins had been stolen in the attack.

But, what makes the Pony botnet unique, Mador said, is the breadth of its assault:

“The new thing about this complaint is that it was widely spread. The pony malware affected hundreds of thousands of machines and scanned for digital wallets from 30 virtual currencies on those computers.”

Trustwave indicates that while the attack has been persisting for months, it stopped suddenly on 24th February. However, in talks with other media outlets, Trustwave suggested it believes the cybercriminal network is still operating.

Initial data

Mador indicates that Trustwave has been following Pony botnet since September 2013. The official company blog post on the findings revealed that virtual currencies weren’t the only digital assets attacked, as 600,000 website login credentials have been stolen by the group to date.

The total confirmed theft so far includes 335 bitcoins, 280 litecoins, 33 primecoins and 46 feathercoins. Trustwave provides a full list of the affected currencies, as well as charts that detail the coordinated efforts of Pony botnet’s attacks in its blog post.


Screen Shot 2014-02-24 at 5.41.45 PM

Stolen passwords across all affected digital assets – not just digital currency wallets – were most commonly retrieved from consumers in Germany, Poland and Italy, with roughly 50% of stolen passwords originating in these locations.

Protecting your wallet from attacks

Trustwave noted that Pony botnet likely found virtual wallets attractive, given their inherent qualities that provide for irreversible transactions, and the ease with which they can be exchanged for fiat. Further, once it has obtained a user’s wallet.dat file, Trustwave noted that the true owner is impossible to reveal.

Still, relatively simple protections can stop the Pony botnet. Said Mador:

“If they use that option and encrypt their wallets with a strong key, then they should be fine, even if the malware were to infect the digital wallet, the botnet would not be able to generate transactions from that wallet.”

Those who believe their wallet may have been compromised by the attack can use a free tool provided by Trustwave that searches for affected wallets by public keys.



LINK: https://www3.trustwave.com/support/labs/check-compromised-bitcoin.asp

My toughs: THIS IS IMPORTANT ONE!!! READ IT !

I bought only 1M will hold it forever
Will see how its going maybe will be big success maybe not .

This ponzi got money out and run, and i see money investing still But this guy https://bitcointalk.org/index.php?topic=484594
Have rely good no bullshit aproach and did not get any money in it. I see here people sending 0.5 btc AFTER all btc gone from this ponzi to private wallet

This stopped ? Never even started? Tthat is to bad. I look at other ponzi schemes and see people investing. U are the only one to explain the risks and rules, and ur idea. And u did not get any investment. I paid me back i will help u to pay that guy back some of investment . This is crazy i was thinking this is only ponzi that is not scam and that u have good thing going on here. But looks like people love to get scammed. Tnx for that crazy return of 200% .

Japan’s Top Regulators Suggest Mt. Gox Intervention Unlikely
Pete Rizzo (@pete_rizzo_) | Published on February 24, 2014 at 20:54 GMT | Asia, Companies, Exchanges, Mt. Gox, News, Regulation

With no timeline issued yet from Mt. Gox as to when it will once again allow the transfer of funds to third-party services – and signs of communication from the notoriously tight-lipped Japan-based company appearing less likely, the exchange’s global customers began to turn to Japanese financial authorities on Monday for potential recourse.

However, the country’s financial authorities are reportedly distancing themselves from any potential responsibility, should the troubled exchange default on its service obligations.

The Wall Street Journal reported 24th February that Japan’s Financial Services Agency (FSA), which oversees the country’s banking, insurance, securities and exchange sectors, does not view the supervision of digital currency exchanges as part of its obligations.

Speaking to the Journal, representatives from the FSA said:

“Bitcoin isn’t a currency; it works as an alternative to currencies, like gold. The FSA is in charge of currency-based services. Therefore, bitcoin exchanges are not a subject to our regulatory oversight.”

The news comes just hours after CEO Mark Karpeles resigned from the board of directors at Bitcoin Foundation, a move that caused a modest price recovery occurring on the network to stutter, and amid increasingly vocal protests from users.

Major financial agencies follow

While the news from the FSA is undoubtedly disheartening for exchange users, other government and private entities could still step in to provided relief if and when it’s needed. Though, many of these organisations are currently taking a similar position as the FSA.

The Journal revealed that Bank of Japan, Japan’s central bank, has stated it is “not in a position” to regulate bitcoin exchanges. Likewise, Japan’s Ministry of Finance, a cabinet-level government financial entity, adopted a similar sentiment in correspondences with the media outlet.

The Ministry of Internal Affairs and Communications, which has jurisdiction over IT issues, was less clear in its stance, saying.

“We are not in a position to make any judgments on this matter.”

The future of Mt. Gox

Despite the fact that Mt. Gox had previously suggested a relationship with the FSA, the agency told the report it has not issued the troubled exchange any operational advice in recent weeks, suggesting that intervention in the event of its potential failure is unlikely.

Still, despite the fact that fear of a Mt. Gox default is spreading, sources close to Mt. Gox suggest that the exchange may be near a solution.

Former BitInstant CEO Charlie Shrem indicated on reddit today that “good news [is] on the horizon for people who have funds stuck in MtGox”, though he did not elaborate on the announcement.

They say that should take up to 12h but for me was much much faster. About 1h or so.

As far as i can see he took 0.1ish profit from it. I lost only 0.002 on it. But yeah they are fun. I won today 0.008 btc on this one https://bitcointalk.org/index.php?topic=484594 but its not yet getting of the ground only couple of investors. And looks this guy rely want it to be long term ponzi. Idk.