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What happened with this platform!?
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You and others in this thread have proposed devaluing dollars, when dollars aren't the commodity being traded on that exchange ,it is the bitcoins that have the fluctuating price in dollars. Dollars are the benchmark, the value of the dollar does not change on this exchange ,it only changes on the forex markets and is defined by the forex markets.
Yes, bitcoins have fluctuating price: at this very moment each of them is worth more or less 550$... a lot more of 135$. Best regards, ilpirata79 You should look at my previous post ,i explained why your current assertion is idiotic.
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If 1 goxcoin (on the exchange) gets the same of who had 500 gox dollars you can count me in.
I would rather have a shares in a crappy company than have nothing.
I disagree. Dollars are dollars ,goxbtc is traded at the price which the buyers are willing to pay for it. Is an imaginary lost dollar worth more than an imaginary lost Btc considering they are both lost and Imaginary ? That is your subjective opinion. Dollars are not imaginary, the only thing that is imaginary and non-fungible is bitcoin ,especially when left on an exchange, so yes, you are 100% wrong when implying that suddenly we should fix the market price of goxbtc to be 5x the price of the lost usd. Very very very wrong. And very greedy. You sold at $100 right ? I still don't see how a dollar that does not exist is not imaginary. You do understand that from my perspective you are the greedy one attempting to devalue the worth of my something that does not exist over you non-existent. Anyway a pointless exercise in debate no doubt as we don't have a clue if its is really on the cards yet. Feel free to continue your debate with others who have the time for it. I don't think there is a place for debate about anything, just look up the meaning of a (bitcoin) exchange. The goxbtc have risk in them different from the bitcoins on any other exchange ,that's why the price differs from exchange to exchange. I don't want to devalue anything, the market says the price of a goxbtc was at 132.5$ at the time the exchange stopped, let the exchange open and the bid will proceed in bidding the price of the bitcoins. To me ,if only and mostly the bitcoins are lost ,they should be turned into basically goxshares ,and when you want to liquidate, it will be what the market value for those is at the time. Change the senior management of gox and continue the good work. You and others in this thread have proposed devaluing dollars, when dollars aren't the commodity being traded on that exchange ,it is the bitcoins that have the fluctuating price in dollars. Dollars are the benchmark, the value of the dollar does not change on this exchange ,it only changes on the forex markets and is defined by the forex markets.
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If 1 goxcoin (on the exchange) gets the same of who had 500 gox dollars you can count me in.
I would rather have a shares in a crappy company than have nothing.
I disagree. Dollars are dollars ,goxbtc is traded at the price which the buyers are willing to pay for it. Is an imaginary lost dollar worth more than an imaginary lost Btc considering they are both lost and Imaginary ? That is your subjective opinion. Dollars are not imaginary, the only thing that is imaginary and non-fungible is bitcoin ,especially when left on an exchange, so yes, you are 100% wrong when implying that suddenly we should fix the market price of goxbtc to be 5x the price of the lost usd. Very very very wrong. And very greedy.
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If 1 goxcoin (on the exchange) gets the same of who had 500 gox dollars you can count me in.
I would rather have a shares in a crappy company than have nothing.
I disagree. Dollars are dollars ,goxbtc is traded at the price which the buyers are willing to pay for it.
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You want Mark Knuffles to stay in the CEO role because he fucked it up so very badly before? That's irrational.
First of all I personally trust him. Secondly he made mistake, he know how to avoid that. But you are right as well: it is your opinion. That is why I am saying that position of Mark must be determined by shareholders vote. And who are you ,that you're saying you personally trust him? NOBODY in the bitcoin community is worth trusting and especially not by proxy of someone else trusting them. Otherwise i agree with the plan
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guys, let's pool our resource together and throw Mark to jain and recover our fund, there is already an organized efforts at this site, join hands: http://www.mtgoxrecovery.com/Is it legitimate? Josh from bb said it wasn't.
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Imagine you are a cashier and you have a drawer with ten $100 bills.
A customer comes in and says, "Here's $100 can I exchange that for your $100"
You look at his bill, it looks the same as your bill. So you give him $100 and put his bill on the bottom of your pile of $100.
This happens all day until all of your original $100 bills are gone, and have been replaced with the identical $100 bills.
You leave work with the handful of $100 bills, and you go to the bank. You try to deposit the bills, but the bank says, "Sorry, these aren't real."
That's what Mt Gox has, basically... A stack of worthless bitcoins that were already spent.
So they never checked if they had the correct private keys!?
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I do not think 'decentralised' means what you think it means.
Please explain
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Divide shares between customers of gox. Self-organize a programmer team.
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yes either they restart gox and start distributing customer funds and coins or they will be running for the rest of their lives
That's a lot of people's assumption ,but the reality is ,they always get away with it. Nobody is going to do anything to him, just a bunch of geeks raising their hands as if they're going to pounce. As if.
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Is their TOS legally binding in any way?
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Everyone that got dooped needs to acquire gox including all famous bitcoiners and all creditors (they already should be given at least equity in the company)
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So 5000pln is 1631$ is the maximum? What's the reason for this maximum? How long would it take to get it?
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What would be the court fees....?
And who exactly are we suing ? Why the bank?
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And that's what they'll get and they'll be happy. In a few months they will forget.
It was just a technical issue, no fraud here, move along. Who was selling on the exchange? Why did the foundation have their back in public ? Oh well! It's not THEIR life savings that are gone.
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What would be the court fees?
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Okay, sure. But how does someone prove fraud or misleading ,since the bank is "just holding" these customer accounts for gox ?
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I think you're missing the more important point from that scandal, which was the first GOXXXing that I remember anyhow... It was revealed that they didn't have any outside parties auditing their books or verifying their security practices.
That never changed!
Shrem says they were getting audited
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Fake currencies for 10 cents on the dollar. Currency rebounds 30% for the next sheep to get slaughtered. We are all the sheep and the wolves... They "distance" themselves. What a pretty word, distance.. i almost feel good about it.
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