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. What do you mean by hoax? I think it was a non-issue and their attempt to shift the blame from them and buy them some time. Yeah , that's why is a hoax. The issue was never really there. They just did one hell of a market manipulation to get some money in order to cover some possible incoming expenses like.... lawyers ,or trip to unknown sunny country. And to blame somebody else for "losing" bitcoins. Like tradefortress. |
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I don't want no fucking online wallet. I want an ordinary QT client - like all the others coins have. Why are the Maxcoin devs too stupid to create one?Maby they can't be bothered? They are for sure busy developing the Keicoin with Sercoin coming out in April. |
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Haha bukkake shouldn't be an option, he might actually like it  And will there be people willing to do that? I mean , after losing money , do i have to do that with a guy?? Who's the one getting punished here? |
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Been out of the loop for a few months. What did I miss?
Panic, sheep, panic, more sheep. I thought it was like FUD ,naked asses , Choo choo , more pics of naked women , FUD, panic , sheep , bears, panic , raccoon trap. |
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As far as the price goes, we kinda time traveled back to dec 20-21
Last time it resulted in a 2day rally, followed by ~1month of sideways actions, lets see what happens this time.
This is the end. Regulation will declare bitcoin illegal because it is flawed and shitty . Bitcoin is only useful to buy weed. MAH87, go troll your bitcoin-doom, gibberish-ripple-trash on some other forum... Let the troll die in it's own cave covered in ripples. |
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Mt. Gox is a possible ponzi scheme. No one can get anything rite now, and no one is beig held accountable.
Is not a ponzi scheme. It 's a proof on how even the best things and most profitable ones , when having some clowns for workers can turn into a mess where people are losing money. |
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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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