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Nobody heard anything from prophetx?
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Fun facts, did you know that you can only set a max selling price of 3200 usd per btc on btc-e..
It keeps changing depending on how high the price went. |
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Is this open or not? Has anybody dealt with prophetx? I do not want to waste a month.
He has been active today only and has posted quite a lot since he last came into this thread.
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The bank has to suffer some loss too. Its their mistake in the first place.
sorry lol, if you mistakenly receive some money and spend them / lose them, you are still responsible for the loss. maybe bank will be unable to recover and have to eat it, but you cannot seriously be proposing that gambling away money credited in error is somebody elses reponsibility?? So the bank goes scot free for its error? In my book the bank has to pay a fine too. In the situation at hand it seems bitcoinbuilder is simply washing its hands off and the entire liability is on Magicmexican. Problem is, i was not trading with anything "extra", all my trades in the past days were correct. But today when i logged in my acc, my balance was fucked up, i had more goxcoins than i had(not a ton more, just more), plus a pretty big negative "real btc" balance, and then Josh said that "the only way to get rid of it is to either deposit more real btc or sell goxbtc" - but even by selling 100% of my goxbtc i would still be in the negative, so i sent him another email, pressing the issue and saying that this is a fucking joke. And only after that email he took a part of my goxbtc to get rid of the negative balance. (Which i also did not like, because it looked like he was trying to put everything on me to see how i would react first) I am still doing some calculations, but i think i ended up paying for their technical fuck up anyway. So thats that. This gets murkier by the minute. Do post your results here after the calculations. Basically it seems they added some goxbtcs into your account at a higher price than the current. That is completely on them, then. |
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I think we will make a more historically normal bottom in the next 1-2 months that will be more technically satisfying for you.
My thoughts too. The majority sentiment here is that the much awaited correction is over and can rise again. But I anticipate some small, sputtering rises before another leg down. You can theorize that 400 gox crash was either (A) a final capitulation or (B) a flashcrash like silk road. In either case, there is a problem. In case A, the technicals are invalid, and in case B, a true capitulation has not occured.
I felt the SR flashcrash was in a market which had stayed stable for a long time and was starting to move up. |
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The bank has to suffer some loss too. Its their mistake in the first place.
sorry lol, if you mistakenly receive some money and spend them / lose them, you are still responsible for the loss. maybe bank will be unable to recover and have to eat it, but you cannot seriously be proposing that gambling away money credited in error is somebody elses reponsibility?? So the bank goes scot free for its error? In my book the bank has to pay a fine too. In the situation at hand it seems bitcoinbuilder is simply washing its hands off and the entire liability is on Magicmexican. |
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I do not think it is scam. Just pure incompetence.
Agreed, Josh seems like an okay and probably legit guy, but the site is just a mess. I dont see why i should face coin loses just because they fucked up technically. otoh, you used purchasing power you were not supposed to have. a bit like spending money from your bank account that was mistakenly credited. you are responsible for your own trading. The bank has to suffer some loss too. Its their mistake in the first place. |
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Got an email I'm very very sorry about this, but what happened was our system erroenously allowed you to hold a negative balance on your "real BTC" side for a while.. essentially an interest-free loan that allowed you to buy more GOXBTC than you should have. The system has some sanity checks around withdrawals however that does not allow them while you have a negative balance, which is why yours didn't go through. Unfortunately at the point the ways to get to a positive balance are either deposit more real BTC or trade your GOXBTC back into real btc. I have wiped out all your trading fees to help a little bit with this.
Rofl this is pure theft, i just lost a bunch of btc. How much did you put in the first place? I do not think it is scam. Just pure incompetence. |
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In your place I would wait for a couple more days. I expect we will at least go in 400s over the weekend.
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Sentiment reversed. It's a waiting game now. Hold on tight.
Too soon to say. Still a a few bumps ahead. |
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It means the coins still exist; somewhere... He just doesn't own the private key for them...
Then why say temporarily? That indicates to me that they weren't stolen. When he said temporary it means, "We just haven't been able to buy them back yet..." Agree to this. the whole chain of events since gox blamed Bitcoin protocol stinks of manipulation. |
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Yes, it happens all the time to me
You are Mark and I claim my 1000 GoxBTCs |
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Mark just subscribed to this thread.
He did not bother, as all the double payments have been to himself only  |
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I've been thinking due to the volume of trade on bitcoinbuilder, and the efficiency and timeliness of the exchange, that it could be possible that bitcoinbuilder was mtgox coordinated effort to facilitate the selling of goxbtc (which mtgox can fabricate) for real btc in order to raise funds.
Gox, or a company planning to takeover Gox, can right now buy 8 GoxBTC IOUs for 1 real BTC at BitcoinBuilder. This would be a legal way to give depositors a voluntary "haircut" outside of bankruptcy. Eyeballing the bitcoinity chart, it looks like they've done about 80,000 GoxBTC in trades. A lot of this was swing trading, but perhaps 20,000 GoxBTC have been bought for an average price of 0.25, or 5,000 BTC. Of course we can't know, but if this was a coordinate effort to buy up the IOUs for cheap, then this action could have reduced Gox's BTC liabilities by about 15,000 BTC. If the 750,000 BTC loss is FUD, this might make sense... Would make a lot of sense. The moment they released the statement about transaction malleability, I knew they were manipulating markets massively. |
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They have added a cryptic announcement on their homepage: "Dear MtGox Customers,
In light of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.
Best regards,
MtGox Team"Any clue what that is supposed to mean?!! Are they talking about the phoney leaked document when they say 'recent news reports'? Or maybe they mean Mark's 'resignation' from the Bitcoin Foundation. Mark's email to Reuters: http://www.reuters.com/article/2014/02/25/us-bitcoin-mtgox-ceo-idUSBREA1O12T20140225protect the users, like anybody is going to believe that. You all should have left gox when you had the chance. There have been multiple warning signs. |
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He is probably going back to France, a citzen usually can't be extradited to a foreign country.
em.. wrong (aurore martin for instance) Roman Polanski is hiding there. |
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This coin is still alive  |
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What happened yesterday at bitcoinbuilder in retrospect was more likely than not someone running from the only exit left because they knew what was coming.
What happened at bitcoinbuilder? Missed that. |
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I will be happy if it gets to 1000$.
It is still a new technology and if it can stabilize around the current ATH that bodes well.
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Up or down is the big question. The next few days would be a lot of fun.
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