While I enjoyed the vid and Mr. Pierce is fascinating and undoubtedly a smart cookie, I totally agree with much of the above Medium post. It is along the lines of my own thoughts posted earlier; that it was a letter of intent to negotiate a sale only, with no consideration acknowledged or anything to show a deal had taken place. Pierce, via Sunlot does not even 'arguably' as he put it, own any Mt Gox (Tibanne) shares. OK, he is free to feasibly make an offer to just take the brand and re-launch it. However, the existing civil rehabilitation will sort the creditors out with the surplus of what is left anyway and it is extremely doubtful anything else can be recovered. So there is no benefit to creditors apparent in BP getting in on the act and screwing with the ongoing receivership process. Just for the record I do have a few Goxbux at stake (a handful). I long ago wrote them off and will be pleased if I do actually get anything back.
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It looks like a letter of intent that only agrees the basis of a (non-exclusive) negotiation for a sale. And this only after due diligence is completed (which it may not have been, as the buying party could have backed out, or not completed due diligence). Interestingly, it appears no payment is specified - so it does not follow a deal was done unless a consideration was agreed and exchanged and referenced in another later document. A 'sale' needs a price, a payment and a receipt or reciprocal exchange of title to the asset. Karpeles asking to rescind was probably because nothing happened and it was just a loose, open ended and non-finalised negotiation. This document does not prove a sale, just that there was an agreement to negotiate one on the terms laid out after they had looked at the books. Unless they show evidence they completed due diligence and some sort of consideration was paid and/or shares were handed over then it is not credible that it actually happened. I doubt the Japanese Receiver will take this seriously.
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Sums it up. This is how corrupt the system has become.
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I don't see what it would add in functionality or privacy that would make sense.
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oh my
That green candle set your avatar all a spinnin' Looks cool.
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@iCEBREAKER You have a technical error in your personal text Crypto is the separation of Power and State. FIFY Monero is the separation of Power and State. Governments have started using crypto the latest being one of the most brutal authoritarian regimes Saudi arabia copy xrp to make own coin. If that is not red flag, then what is? I am definitely among the Monero fans here. But that made me laugh.
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Wish I was there - cold and freezing rainy here today!
Cold builds character. Cold people will beat hot people every time, because we have to work and be resourceful to feel good, not just fall back on the ground for a suntan. disclosure: it is also cold and freezing here I feel stronger and paler simply having read this post. Hey old chap - many thanks for the hat upgrade! A bunch of inadequate tokens as a mark of respect.
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Kurious take off! Activity odd number. Isn’t that the BEAST?
Mic spots a number 666 - indeed the Beast Kurious not though kurious 3 D bull. satoshi's place, new by BoB. lightning required Mic!!Yes, I have been upgraded, I am most grateful to our marvellous milliner. The chap deserves a WO knighthood IMO, but meanwhile I hope he will settle for my gratitude and some merit when he pops up next.
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Kurious take off! Activity odd number. Isn’t that the BEAST?
Mic spots a number 666 - indeed the Beast Kurious not though
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I had a good/large drinking fest last evening..... and had to wake up a bit early 10am I supposed to help someone, but man I was forgetting everything ( blaming the booze of last evening ) But now I see, I supposed to be improved ? On my memory? Mmmm strange feeling, still not feeling to good though On the other hand, good morning guys! Curious for Reading the first HAIKU this sunday Hairy says Mic can't Fight the science in bottles Even on Sunday
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That reminds me...
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Where would UK folks buy Bitcoin?
What is wrong with Bitstamp? Bitstamp Ltd 5 New Street Square London EC4A 3TW United Kingdom
Nothing wrong with Stamp, but if you were in the UK you'd need to take an exchange rate hit to get into Euros or USD - and it takes time to get to their Slovenian-based bank. Coinbase Pro is close to instant if you're sending direct from a UK bank.
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Plus, there won't be enough emmission to satisfy demand.
we're all just getting old I like to think of it as quality over quantity, but the IVF clinic disagrees and my 22-year old supermodel g/f is now looking at me somewhat differently. I’m over drunk, but did I read 22y old? Mine is 25 @the moment Me early 30’s Actualy we both drunk @ this point And still both hodling on our precious BTC’s Gonna do Some boring drunk punisher season 2 watching Pretty good !!! I was joking, mic.
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My work here is done for the day. (satoshis.place) Just... brilliant! You got style, Bob.
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Plus, there won't be enough emmission to satisfy demand.
we're all just getting old I like to think of it as quality over quantity, but the IVF clinic disagrees and my 22-year old supermodel g/f is now looking at me somewhat differently.
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Hmm. They are deleting my giant green dildo from Satoshis.place. I think this calls for something drastic. Now what text do I include in the next incarnation I upload. Hmm... * BobLawblaw goes off to play in Pootyshoop Can't we club together for a Gay Niggers From Outer Space FULL PAGE takeover of Satoshis.place? I am in - you bought the beers, time for the thread to payback and have a little fun. Let's blitz it.
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$90K-$110K in Dec. 2022. $32K in Dec. 2025
Nah.. IMHO: next ATH Dec 2021 - after that no more pattern fractal repeats. All bets are off, the market will anticipate / front run / spoil it. Plus, there won't be enough emmission to satisfy demand. We get one more blow-off top - four year after the last one. By then we will have entered a new paradigm.
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That second pic spoiled it. Is 'it' saying 'd'you wanna **** me' perchance? I think we hail from the same wretched, indecisive, self-destructing domain, but did you have to?!!
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didn't even know the disease was real, let alone deadly
Just how much is a death certificate in Jaipur? Or am I just being too cynical...
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Ooh - an upgrade? Brilliant - any way of getting the ceramic shadowed somehow? A lot of black hats here, would love to see Picasso's bull a little more distinct if it's actually at all possible. No worries if not of course... The sterling work is much appreciated.
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