I see that Gox is taking the coca-cola rout here. Remove a product then bring it back later with a different name... but its still the same crap...
So after six months after launching gox.com they are going to relaunch MtGox "classic".  It incredibly worked for coke. coca-cola so more coca cola "classic" they year it launched then the last full year of coca-cola. Tee Hee! And "Cherry Gox"! |
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Don't underestimate the chance, that this "sellout" will actually be illusionary. With proper paperwork, Karpeles can just hide his ownership of the new "gox".
If gox is in fact sold, then they are doing it sloppy. What they should be doing at the moment are public statements to specify all the details involved. The only goal to buy gox would be to save the integrity of the bitcoin market system. You can't do that while your actions are secretive and unclear.
Currently my money goes on Karpeles just spinning more plates to get as much money out of bitcoin as possible. If the new owners are unknown or like to remain anonymous, then I'm quite sure of it.
Good points - a one man conspiracy! It's funny but although it might sound outlandish it fits better than most theories. The "mystery buyer" will offer to give stuck customers a fiat bailout to the tune of $160 per Bitcoin - take it or leave it, sorry. The only problem is where is Mark going to sell so much Bitcoin in such a short time, unless... of course! He drags it on for 6 months!!! |
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618? It says 624 now. Still being used? I wonder, has someone/a team started a project to build a map of Gox-related transactions already? This could come in very handy soon! |
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A purposeful planned suicide .. required for a rebrand, + debt and asset restructuring!
Samurai style! |
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But please don't include the word "Gox" in the proposal or anywhere else!!
Enough to turn any potential investor's stomach.
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He is selling out, that's how I see this. Buying Gox.com domain is adding a bit of rebranding for the buyer.
If he is selling out, then this means that some rich bitcoin investors actually took responsibility and bailed out that exchange. I was calling for capable people to do that a couple of weeks ago. Got angry replies by most of the forum users for it, but it would be great if someone financially capable enough actually had the same vision. I hope that they know that this acquisition doesn't mean anything if there won't be market regulations. They may have saved the bitcoin market system with saving gox, but without regulations there will be an increasing number of new goxes. All you have to do is build trust towards your exchange for a year, and then you will have enough loot to split with. Easiest profitable confidence trick of the modern times. But anyway, I'm still skeptical about this acquisition rumor. History has shown that with MtGox, you can't be sure of anything. I call for Bitcoin Jesus to lead the way and go all in! |
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They underestimate their liability anyway…
744,408 BTC (MtGox av price 160 USD= 119,105,280 USD)
The real price is 500 USD if not more.
I think in the end they will offer users to withdraw fiat only and they will pay $100 - $150 per bitcoin or whatever was the last price. I also think that now they will try to sell their clients' bitcoins to other exchanges at $500+ . This is the only way they can pay. Either that or they will not pay anything to anyone. Yes... but you are forgetting that apparently they don't have their client's bitcoins! I'm starting to think that this could be the sale of the century for Mark et al. EDIT: a team with the skills needs to hunker down and start an audit of every transaction related to Gox since the start. Is this already underway somewhere? |
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Hearing rumors that gox has been bought out, can't confirm.
Something fishy is going on. FTFY |
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http://www.urbandictionary.com/define.php?term=goxxedThe act of being screwed by an online merchant, specifically due to the merchant being incompetent and amateurish. Derived from the debacle of the mtgox.com Bitcoin trading site's crash and burn and the resulting chaos trying to re-open. Poor communication, outright lies, scapegoats, Oh My!
Dude, you've been goxxed.
by ledbetter June 26, 2011
Clearly, they got it right back in 2011. Now, just in off chance they do rebrand themselves as "Gox" never forget the meaning of Goxxed. I would imagine changing the working title of the project would be at the top of any potential acquirer's list of conditions. |
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everybody was screaming for days, why don't Gox close trading too, blablablah Now they do You got what you asked for.  Come on it's not what people asked for. Trading is trading. A website is something else. For me it's the lack of communication. At this stage do anything, literally anything... just f***ing communicate properly! |
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Dear customer,
We have now sold all of our servers and have MtGox running on the parking page of our DNS provider.
Currently Mark is planning our getaway to a non-disclosed Island in the south pacific.
Once we arrive we will give you an update from a cocktail bar on the beach.
Kind regards,
MtGOX
No no no! They may be bad but I won't have that! It's "Dear Valued customer" !  |
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Just posted this in the wall observer topic but maybe deserves a separate thread My personal speculation is that he is selling mtgox ltd and keeping tibanne A friend of mine just sent me this https://github.com/apngasm/apngasm/blob/master/BACKERS.txtHe is working remotely for a Japan company and his employer just realized that one of the backers of his kickstarter is the guy from the breaking news today. "Mark Karpeles http://www.tibanne.com/ PHP can do stuff!" The interesting part is that today he changed the referral site from http://www.mtgox.com/ to http://www.tibanne.com/He said he was a "very generous donor" "It looks like he was an active backer on KickStarter, backing over 100 projects with the most recent ending less than a month ago. Many of the projects he backed were Open Source software or hardware." "every project he backed is a project I would back. He has extremely good taste" "I've had no contact with him other than the kickstarter survey though. He has not repsponed to any of may messages through KS" Good to know he's been investing my money in something. Maybe I'll get a return on one of these projects!  |
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It's as if they're under attack from all quarters! |
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"We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties." They are being bought obviously. If their loss is not too big then it might be good buy. And it might be great dfor Bitcoinland overall if some big and competent name(s) buy them. Would be great for Bitcoinland but still a very vague and non-commital statement by MK. Easy to say, a bit like "Your funds are very safe". |
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He's still so f***ing vague! Come on - out with it, whatever the f888 it is! EDIT f*** ! |
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Karpeles said: "We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties." Please let a reputable team take it on! |
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so what's a bad news for Charlie Shrem ? WWIII ?
BTW I am still not buying the whole Gox situation, it is hard to lose 10K bitcoin and even harder to lose 50K Bitcoin without noticing but losing all the just cant be sold to the public, something really big is happening, and I would say for long time now, this didn't happen in just few weeks. I am really waiting to see the real story behind all of this. Then either insider theft or the panic is what MK wants - otherwise at this point I fail to see why he would not issue a statement refuting the 700k figure. |
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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. A few trades were going on around 0.33 real BTC per GOX BTC when suddenly dozens of sell orders jumped in at 0.19. The first few hundred coins were snapped up but then there were no more bids left; 5000 coins just sat there on offer at 0.19 for a minute or two getting nibbled before some whale logged in and snapped them up! Then some more thousands got bought. For the rest of the day 100-coin sells up a lot of the time every .05 from about .29 up to .4. |
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Add to this that there appears to be massive insider trading going on. 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. Worth pointing out however that anyone with fiat on Gox could buy coins, send them to builder and sell them for about the same price they bought them at Gox. So it was an effective way of getting out. I could guess things were closed down to put a stop to that, but merely closing internal transfers would've had the same effect.
So yeah, I dunno.
Without doubt. |
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yeah was just @ #mtgox.. magical tux is in there.. so at least we know he isn't pawning his computer to pay off debts
In the official channel? or mtgox-chat ? Cant see him ?? ... his nick is in #mtgox there is no talking privileges there though How do you register to log in? |
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