 Show Posts
|
|
Pages: « 1 [2] 3 4 »
|
|
Someone needs to say if karpeles or anyone in that camp is willing to work with the community that wants to help to get himself out of whatever the issues are ,if they are sort of kind of soon-ish plausibly fixable.
Karpeles say something. And not just him, but roger ver saying they have no liquidity problems and antonopolous saying they're solvent , all of them need to come out here and take responsibility ,because if they were stupid enough to be bamboozled by gox to say these things ,then its their "fault" and responsibility as much as it is our "fault" that we put our money there, like they seem to claim they knew all along it was a bad decision and are now washing their hands off. I am tired of hearing "it's not a problem of bitcoin". It very much sounds like "It's not our problem".
This will not stop.
It is half a billion dollars that are on mtgox.
|
|
|
|
Bottom line. There are only two possibilities here:
1.) They are in fact insolvent which indicates absolute incompetence.
2.) Outright fraud.
Actually 1 is not an option, because noone is so retarded as to lose 99% of their funds under management. |
|
|
|
Cannot emphasize enough how huge this is for bitcoin adoption going forward. Those who simply want gox to die are missing the big picture. If gox customers are ultimately cheated, there will be a sell-off, but it probably won't be that big as some of this is already factored in. Many in the public as well as companies, hell even the media, were starting to talk about bitcoin in a positive way. They will turn and run in a heartbeat - they haven't yet bc technically no one has yet been cheated - they and we are all waiting to see what happens. All the "I told you bitcoin was dangerous (or a fraud)" will be out in full force. Media will be brutal and gov regulation will come down like a hammer. Bitcoin's adoption will stop cold in its tracks, and the public, which was always worried about security, will say "no thanks, I don't need this product that badly" and bitcoin will unfortunately grind down slowly to nothing for many many years to come
+1000 +450 000 0000 Bitcoin regulation and destruction is coming. I don't care what you've heard about "5 stages of grief" or buy on the low or whatever. Sure it might go down and then its probably going to spike up and we might see 10 000$ again in 6 months. But i am not ever trusting the community if this doesnt get fixed. |
|
|
|
Bitstamp is the next ?  How about SecondMarket? Does bistamp dissalow withdrawals? |
|
|
|
I said this in another thread, but I have a bad feeling that the people at Gox have been using user's funds for themselves and only processing withdraws when there are sufficient new deposits. It was working before because such huge sums of money kept getting deposited, but its starting to pile up. Seems like it could be exactly what Ultimate Bet was doing with online poker player funds. I could be completely wrong, but something is definitely up. Claiming the site was hacked would be an easy out at first..
same thing happened at Full Tilt Poker. They paid themselves with user deposits. Definitely not hacked Beat you to it! Yeah, how were they paying their own salaries... with which money? Our money. |
|
|
|
fatfuck is probably just buying some more time with this source so he can get off quietly and avoid angry customers. I hope i am wrong tho
Yes. Forget about what these people coming out with the instant public messages are saying. It is an industry wide problem, its not gox's problem or the customer's problem. Its the entire industry fucking up badly. Bitcoin is at stake as much as its customer funds on gox. Not the price of it, not whether you can speculate on it ,or what's low and what's high, sure that's still fine, but only if you can trust ANYONE in this community. |
|
|
|
|
I agree with everything, but if you think gox should be blamed on customers ,youre an idiot.
|
|
|
|
I have lived in a communist regime - I know that media lie - but I don't see what wired would gain by this lie
Being the first place people hear the news. That's a big deal for media outfits. (but Pravda never had to worry about that…) That would explain not checking the facts - but not a lie. Oh, the "lie" is just some immature hoaxer who cooked up a phony set of slides. I thought we were talking about Wired, not the hoaxer. Anyway it seems that the story is confirmed now
Actually just the opposite. And how do you know its a hoaxer? It could be that the same way he can't prove its real, you can't prove its not real. If everyone says gox is so incompetent and that's the excuse - why couldnt this retarded slide be directly from gox? I think it could ,if i believe they're incompetent, but i don't actually believe that. So i might agree with you its a hoaxer, if you agree with the fact that gox is either a fraud or ? no other option.... They're NOT incompetent ,that we agreed upon. So which is it? |
|
|
|
|
The amount of scumbags in the exchanges and in the "community" is beyond comprehension. Its a tough thing to admit, but if the gox issues do not get solved, the entire community is dead, only an amateur marketer like vorhees could say this is just a big obstacle and that "together we'll get over it". BS.
Everyone of these marketers was defending mtgox ,saying they're solvent, because they have a VESTED INTEREST. And this antonop guy? His acting spiel in each video where he gets teary every time he mentions "the 6 billion" , what a bunch of shit.
Roger ver ,the bitcoin jesus , coming on here ,publicly buying goxbtc to show how much he "believes" they're solvent. "only 50k a piece" Now what? We don't hold these people accountable? Hell no.
Sarahcoinbit saying "the coins are safe" just yesterday in IRC.
And now they're all washing their hands ,all these popular figures, even bitstamp saying "Oh, its all fine with us, its just mtgox problem"
Yeah,we've heard that already ,and i don't doubt it... But i'm not trusting anyone in the community until this is cleared up. Mtgox should be bought out similar to how pokerstars bought full tilt ,because of THEIR internal fraud.
And all the people saying "oh, mark is just uber incompetent." Yeah right. He is running a 100 million dollar business or whatever , i dont care how many brain cells he has ,he knows to get more people on the job. Their support would have definitely seen people asking for their money pretty fast , not 1 year later. I don't believe that for a minute.
It is impossible that theres ANYONE on planet earth that is incompetent enough to lose 700k btc and 50 mil $ over a year or more that way. This is either blatant fraud or ? Something. But it better get fixed , bought for 20 cents on the dollar from bitstamp or whoever, but in the end ALL customers need to get their money back. The minute full tilt was taken over by pokerstars, full tilt poker was turned into a great place for players, and mtgox should be too.
I don't know much about startups ,but from what i do know , it is the first thing you learn - you need GOOD ACCOUNTING. And i am talking EVERY SINGLE BUSINESS , no matter if they're selling cookies or services. LET ALONE FOR AN EXCHANGE. It is a unprofessional joke to even think they can get away with saying they lost 700k+50mil. They have to be bought out. That's the only way.
|
|
|
|
|
Can OP show/point to the evidence and screenshots?
|
|
|
|
Tried their Pro service for a month - noticed some fishy things going on in the back testing and the site just flat out broke most of the time. Never let any bot make any auto trade however. Glad I didnt. Will not be renewing my subscription.
Absolutely agreed. I asked for my money back ,because it is basically in beta ,but was told they didn't give a shit pretty straightforwardly. |
|
|
|
|
Is this website any good?
|
|
|
|
I haven't seen anybody post about what would be my biggest worry if I were trying out alternative block chains. I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!" (FUD == Fear, Uncertainty and Doubt) But I think some of you might be forgetting some basic computer security fundamentals in the excitement to be early adopters.
When I first heard about bitcoin, my questions were:
1) Can it possibly work (do the ideas for how it works make sense)?
2) Is it a scam?
3) If it is not a scam, could it open my computer up to viruses/trojans if I run it?
I answered those questions by:
1) Reading and understanding Satoshi's whitepaper. Then thinking about it for a day or two and reading it again.
2) Finding out everything I could about the project. I read every forum thread here (there were probably under a hundred threads back then) and read Satoshi's initial postings on the crypto mailing list.
3) Downloaded and skimmed the source code to see if it looked vulnerable to buffer overflow or other remotely exploitable attacks.
If I were going to experiment with an alternative block-chain, I'd go through the same process again. But I'm an old conservative fuddy-duddy.
If you want to take a risk on a brand-new alternative block-chain, I'd strongly suggest that you:
1) Run the software in a virtual machine or on a machine that doesn't contain anything valuable.
2) Don't invest more money or time than you can afford to lose.
3) Use a different passphrase at every exchange site.
Multi-factor authentication for all please. Yubikey+Password, Cellphone+Password, Smartcard+Password, Biometric+Password. Never trust a site which wants you to use a password alone. Never trust your keyboard or your operating system. Biometric hardware wallets will become increasingly important for security of crypto-finance in the future and I wish there were more robust hardware and API's for it. I know Bitcoin is intending to support two-factor authentication but please consider supporting the latest biometric technology as well due to the ease of use factor. People will probably find a way to hack those as well ,no? |
|
|
|
|
Mtgox will swing the furthest in both directions.
|
|
|
|
Yes ,but with bitcoin withdrawals being so unreliable from mtgox and altogether really... Is that really the best idea ? |
|
|
|
Isn't there a danger that mt gox starts figuring out who double spent and some of these people trading their gox bitcoins are actually bitcoins that have already been spent and were wrongly refunded to the traders account?
An interesting point. Very curious what people think about this. Assuming the sellers here know they have been double-paid?  So currently there's no way to force a transaction through ? Can anyone explain if there's any way to do this? |
|
|
|
|
