Could mtgox and other exchangers be a scam?

[max.]

It is amazing how easily people trust some one or some company when they think they will be rich almost instantly without trying to find a little more about that people or company.

After reading different posts from people saying that mtgox and other exchangers don't want to send them their money I go to mtgox and try to find any address, after that I go to street view and I view this address that it is published in the mtgox website like their registered address:

Sarugaokacho 26-1, Shibuya-ku, Tokyo, Japan

https://maps.google.com/maps?q=Sarugaokacho+26-1,+tokyo&hl=en&ie=UTF8&ll=35.647881,139.701794&spn=0.01048,0.010021&sll=35.648401,139.701148&layer=c&cbp=13,122.24,,0,-1.56&cbll=35.648601,139.700876&hnear=26+Sarugakuch%C5%8D,+Shibuya-ku,+T%C5%8Dky%C5%8D-to,+Japan&t=h&z=17&panoid=FZWLfKmZrpUXsw-79DCxIA


Do people think that a reputable company that handles millions of dollars will be inside a house?

Check the Google maps link and view where it is located mtgox in Japan, it looks like a house with a nice porsche outside I am sure that some one is making a lot of money from nothing. For me all of this looks like a big scam, why a company like mtgox handles their business inside a house instead of one big building.

If I put thousands or millions of dollars in something like mtgox I first will make a trip directly to their offices to check if they are a reputable company.

Also there are examples when a nice building and office don't give you a guarantee of nothing like Bernie Madoff that has a nice office in New York and he stole millions from their clients.


Please tell me what do you think about all of this and why you trust mtgox and other exchangers that are working in the shadows.


Don't you feel that bitcoin is too virtual, there is no enough money to pay everybody that exchanges their bitcoins to dollars or any other currency that is why mtgox and others are not paying right now their customers that want to take their thousands or million of dollars.

Could all of this be the scam of the century?

Have any of you visited mtgox offices or other exchanger office to see if they are real and not only a scam from one people?

[bitcoin44me]

Thousands of people used mtgox and were pleased and you are saying that they were all liars?

[max.]

Have you or any one visited their offices?

People could have used mtgox for small amounts of money but when you try to get more than $50,000 you could have issues like people are reporting.


If they are working inside a house they could easily disappear with some millions of dollars, that is how a ponzi scheme works, exactly like that is how shadow companies stole money from others.


Why mtgox and others don't publish phones and their address in their main page? Why hide all this information from your customers?

Why mtgox don't have a nice and big office where their customers can go? Why don't open offices around the world like normal companies? Only scam companies work this way and people don't understand.


The only way to get the mtgox address is to go to terms of service page there is no more information anywhere else, also if you view the whois information they have registerd the domain thru: tibanne.com

With this information if I have thousand of dollars or millions in mtgox and others exchangers I would be very scared to loose all my money.

[dust]

A mtgox rep responds to similar concerns here: https://bitcointalk.org/index.php?topic=110356.msg1202974#msg1202974

[max.]

A mtgox rep responds to similar concerns here: https://bitcointalk.org/index.php?topic=110356.msg1202974#msg1202974

That thread is from 2012, I have visited the link from Facebook and they only have photos from 2012 with empty offices.

In the thread there is some one that says that he visited the offices I think that the one that writes that is not telling the true or he works for mtgox.


There is no video, photos, nothing from the offices of mtgox and people is sending them thousands or million of dollars?


Sooner or later this bitcoin scam will explode. There is no money that backup all the bitcoins that are out there.

The more that I search for bitcoin the more that I see it like a scam.


I am sorry for the ones that are investing all their money in this because one day they will find that even the value of bitcoin is at $10,000 they could never get out their money.

[TheFootMan]

Could all of this be the scam of the century?

Simple answer: Yes, it was and is.