I have a friend who has lost his Gox password. Is there a way to reset the password so he can check his balance anf file the claim?
There's a way for that. You're required to create a new pass for the claims process anyway (there's a strong factor authentication routine inside too) so I believe he won't be having any problems. It looks like he has to log in with his old password before creating the new one. |
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I have a friend who has lost his Gox password. Is there a way to reset the password so he can check his balance anf file the claim?
If i remeber well Mr. Kobayashi in the documentation released today tell something about this, tell your friend to download all new docs from mtgox site and read instructions.... I need to help him. I read but can't find anything other than he can send an offline claim in the mail. |
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I have a friend who has lost his Gox password. Is there a way to reset the password so he can check his balance anf file the claim?
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Russia is still buying   |
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Who do you think will have the biggest chance of Bitcoin success?
Latin America |
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And then he does a fantastic fundraiser, gets the amount in two days and hires the "services" from the nasty company Deloitte in Trondheim! And what do the assholes do? They fuck Sturle (and all the people giving funds, and all the people trying to invent/create a living in Norway after the oil is gone.)
What did Deloitte do wrong? I believe it is Skatteetaten screwing people over, not Deloitte? , you would be right. But when you pay a lawyer 20 BTC, you should expect him to side with you. In this case, the lawyer you paid, sided with the enemy. My guess is that Deloitte have big bank clients and an agenda. But I'm wearing a tinfoil hat, ha ha  Sturle didn't pay Deloitte to take side with him. He paid them to get their opinion on Norwegian VAT rules and Bitcoin. Jeeezzz, I get so upset when you say that! Sturle knows the rules better than anybody! (Seriously, he is a nerd, and he can also be a law-nerd when he puts his efforts into it.) When you hire a lawyer, you should expect him/her to interprete the law in your favor. It's never about paying for neutral information about what "the book" says. This is why you always have 3 law specialist in a trial. 2 representing each party, and 1 judge. If reading and interpreting the law was simple, we wouldn't need lawyers or judges. We could just go "Judge Dread", he he  LOL. This wasn't a trial. Seriously, what's your point, Kupsi? Deloitte was paid for "neutral information about what "the book" says", not to take side with Sturle. The laws is the problem, not Deloitte. You want a lawyer to give you bad information because you pay him? No. You are wrong. That was never the intention. The current law in Norway, "the book", was made years before bitcoin became an issue. I'm 45, I have been in 3 trials, and I have hired lawyers for different tasks many times. You talk out of your ass, kid. Keep it real. LOL. What was the intention? The intention for me and other people in Norway is to remove the 25% VAT on top of EVERY transaction between our local currency (NOK) and bitcoin. It makes it impossible to start a bitcoin-related company in Norway. I'm the organizer of Oslo Bitcoin Meetup, and I understood that this is the biggest problem for bitcoin to thrive in the land of the vikings! This was Sturles intention for hiring Deloitte: Kort sagt skal Deloitte i Trondheim finne ut om Skattedirektoratet står på tørr grunn når dei definerer Bitcoin som ei mva-pliktig elektronisk fjernleverbar teneste, og hevdar at du må betale mva for heile summen både for pengar du vekslar til bitcoin og for vara du kjøper.
That is "neutral information about what "the book" says". Deloitte can't change the laws of Norway. |
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And then he does a fantastic fundraiser, gets the amount in two days and hires the "services" from the nasty company Deloitte in Trondheim! And what do the assholes do? They fuck Sturle (and all the people giving funds, and all the people trying to invent/create a living in Norway after the oil is gone.)
What did Deloitte do wrong? I believe it is Skatteetaten screwing people over, not Deloitte? , you would be right. But when you pay a lawyer 20 BTC, you should expect him to side with you. In this case, the lawyer you paid, sided with the enemy. My guess is that Deloitte have big bank clients and an agenda. But I'm wearing a tinfoil hat, ha ha Sturle didn't pay Deloitte to take side with him. He paid them to get their opinion on Norwegian VAT rules and Bitcoin. Jeeezzz, I get so upset when you say that! Sturle knows the rules better than anybody! (Seriously, he is a nerd, and he can also be a law-nerd when he puts his efforts into it.) When you hire a lawyer, you should expect him/her to interprete the law in your favor. It's never about paying for neutral information about what "the book" says. This is why you always have 3 law specialist in a trial. 2 representing each party, and 1 judge. If reading and interpreting the law was simple, we wouldn't need lawyers or judges. We could just go "Judge Dread", he he LOL. This wasn't a trial. Seriously, what's your point, Kupsi? Deloitte was paid for "neutral information about what "the book" says", not to take side with Sturle. The laws is the problem, not Deloitte. You want a lawyer to give you bad information because you pay him? No. You are wrong. That was never the intention. The current law in Norway, "the book", was made years before bitcoin became an issue. I'm 45, I have been in 3 trials, and I have hired lawyers for different tasks many times. You talk out of your ass, kid. Keep it real. LOL. What was the intention? |
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And then he does a fantastic fundraiser, gets the amount in two days and hires the "services" from the nasty company Deloitte in Trondheim! And what do the assholes do? They fuck Sturle (and all the people giving funds, and all the people trying to invent/create a living in Norway after the oil is gone.)
What did Deloitte do wrong? I believe it is Skatteetaten screwing people over, not Deloitte? , you would be right. But when you pay a lawyer 20 BTC, you should expect him to side with you. In this case, the lawyer you paid, sided with the enemy. My guess is that Deloitte have big bank clients and an agenda. But I'm wearing a tinfoil hat, ha ha Sturle didn't pay Deloitte to take side with him. He paid them to get their opinion on Norwegian VAT rules and Bitcoin. Jeeezzz, I get so upset when you say that! Sturle knows the rules better than anybody! (Seriously, he is a nerd, and he can also be a law-nerd when he puts his efforts into it.) When you hire a lawyer, you should expect him/her to interprete the law in your favor. It's never about paying for neutral information about what "the book" says. This is why you always have 3 law specialist in a trial. 2 representing each party, and 1 judge. If reading and interpreting the law was simple, we wouldn't need lawyers or judges. We could just go "Judge Dread", he he LOL. This wasn't a trial. Seriously, what's your point, Kupsi? Deloitte was paid for "neutral information about what "the book" says", not to take side with Sturle. The laws is the problem, not Deloitte. You want a lawyer to give you bad information/advice because you pay him? |
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And then he does a fantastic fundraiser, gets the amount in two days and hires the "services" from the nasty company Deloitte in Trondheim! And what do the assholes do? They fuck Sturle (and all the people giving funds, and all the people trying to invent/create a living in Norway after the oil is gone.)
What did Deloitte do wrong? I believe it is Skatteetaten screwing people over, not Deloitte? , you would be right. But when you pay a lawyer 20 BTC, you should expect him to side with you. In this case, the lawyer you paid, sided with the enemy. My guess is that Deloitte have big bank clients and an agenda. But I'm wearing a tinfoil hat, ha ha Sturle didn't pay Deloitte to take side with him. He paid them to get their opinion on Norwegian VAT rules and Bitcoin. Jeeezzz, I get so upset when you say that! Sturle knows the rules better than anybody! (Seriously, he is a nerd, and he can also be a law-nerd when he puts his efforts into it.) When you hire a lawyer, you should expect him/her to interprete the law in your favor. It's never about paying for neutral information about what "the book" says. This is why you always have 3 law specialist in a trial. 2 representing each party, and 1 judge. If reading and interpreting the law was simple, we wouldn't need lawyers or judges. We could just go "Judge Dread", he he LOL. This wasn't a trial. |
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And then he does a fantastic fundraiser, gets the amount in two days and hires the "services" from the nasty company Deloitte in Trondheim! And what do the assholes do? They fuck Sturle (and all the people giving funds, and all the people trying to invent/create a living in Norway after the oil is gone.)
What did Deloitte do wrong? I believe it is Skatteetaten screwing people over, not Deloitte? , you would be right. But when you pay a lawyer 20 BTC, you should expect him to side with you. In this case, the lawyer you paid, sided with the enemy. My guess is that Deloitte have big bank clients and an agenda. But I'm wearing a tinfoil hat, ha ha Sturle didn't pay Deloitte to take side with him. He paid them to get their opinion on Norwegian VAT rules and Bitcoin. |
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And then he does a fantastic fundraiser, gets the amount in two days and hires the "services" from the nasty company Deloitte in Trondheim! And what do the assholes do? They fuck Sturle (and all the people giving funds, and all the people trying to invent/create a living in Norway after the oil is gone.)
What did Deloitte do wrong? I believe it is Skatteetaten screwing people over, not Deloitte? |
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It's only the mining reward that can't be spent. All coins sent there can be spent. |
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My reading still is that SecondMarket and other "Authorized Participants" have to buy bitcoins themselves in order to get shares from Greyscale. Isn t that so?
Only BIT buys and sells bitcoin. GBTC can only create shares when owners of BIT redeem their shares of BIT. You can't deposit bitcoin with GBTC. Is it true the first shareholders cannot sell their shares for twelve months and after that the shares can be freely traded? What percentage of shares (representing bitcoins) can be sold now? As I understand it, only shares of BIT that have been owned for 12 months can be transferred/deposited/redeemed/converted to shares of GBTC. Once they are GBTC, they can be freely traded on the open market without restriction. Is there any estimate of how many that can be freely traded on the open market without restriction today? It's going to be a damp squib if hardly any can be traded until another year elapses. ~92,300 coins were in the BIT a year ago. https://bitcointalk.org/index.php?topic=337486.msg6449073#msg6449073 |
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But would the next buyer have to hold as long?
I don't think so. Part of the condition of approving the fund was freezing those shares for 12 months. I'll bet a fair few paid a whole lot more than the current price so there's no particular reason to sell. Bingo. I'm guessing most bought in between $700 - $500. Even buyers at $400 will want a significant profit. But if you are a long time holder, you should sell at a premium on the OTC market and buy new shares directly from the BIT. |
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Highest bid on BIT is now 400 USD for a coin. And nobody is selling yet...
This does sound like good news, but there's a problem... As the Twitter message mentions, people that have held their 'shares' for 12 months or more can now sell. I cannot find how many BTC Grayscale holds, but it can never be a lot. This makes for a problem, as the volume can never be higher than the amount of shares/BTC that has been held for more than 12 months. This volume is probably not even 1% of the daily traded volume on current exchanges, which means at the moment this is still useless to institutional investors. But would the next buyer have to hold as long? No, but if you buy new shares directly from the BIT you need to hold for 12 months before selling on the OTC market. |
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