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Author Topic: Who's going to sue MtGox first?  (Read 1172 times)
shad0wbitz (OP)
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April 03, 2013, 07:45:17 PM
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With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.

GOX SUX COX!
The true faces of the Bitcoinica / Intersango SCAM! - Bitcoin was born in the shad0ws, for the shad0ws.
NamelessOne
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April 03, 2013, 07:46:27 PM
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I would enjoy this happening.
Matthew N. Wright
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April 03, 2013, 07:47:06 PM
 #3

With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


I don't think you can sue eBay for your auctions being removed or their site crashing and you being unable to sell your item to the bidders.

Manticore
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April 03, 2013, 07:49:42 PM
 #4

With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


High doubtful an institutional investor could/would use Mt. Gox due to lack of liquidity, too much systematic risk, and simple fact that institutions would never chase a short-term parabolic move.
shad0wbitz (OP)
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April 03, 2013, 07:50:32 PM
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With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


High doubtful an institutional investor could/would use Mt. Gox due to lack of liquidity, too much systematic risk, and simple fact that institutions would never chase a short-term parabolic move.

What would they use if not gox?

GOX SUX COX!
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Akka
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April 03, 2013, 07:50:46 PM
 #6

Well, a professional company specialized in Stock Trading or something like that could possibly deal with this a lot better.

But I'm actually very happy, that the biggest BTC exchange is still in the Hands of a real Bitcoiner. He could possible sell it for Millions if not close to a billion right now. (Just think about the billions for Skype)

Kudos to him that he hasn't done it jet and stays away from all this hassle.

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April 03, 2013, 07:52:03 PM
 #7

Sue for what? You not doing your due diligence?
Welcome to a truly free market. It's called a shark tank for a reason. You get big rewards or take big falls. If that is too scary then buy insurance and stick to your 401k.

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Manticore
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April 03, 2013, 08:15:24 PM
 #8

With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


High doubtful an institutional investor could/would use Mt. Gox due to lack of liquidity, too much systematic risk, and simple fact that institutions would never chase a short-term parabolic move.

What would they use if not gox?

Tradehill's dark pools, although I highly doubt institutional money is flowing directly into Bitcoin. The systematic risk is far too great and the levels of liquidity are far too low. A single investment from one institution would move dramatically move the market. Tradehill is addressing this, but I still see it as a tough sell.
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April 03, 2013, 08:20:59 PM
 #9

Who's going to sue MtGox first?

For what exactly?

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April 03, 2013, 08:41:21 PM
 #10

Use other exchanges. Simply put. Gox should not be the end all be all.

more or less retired.
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