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Author Topic: Smoothie's MTGOX prediction came true! LOL  (Read 2113 times)
smoothie (OP)
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February 22, 2014, 12:58:11 AM
 #1

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

If I had to make a prediction for 2014 it would be that MTGOX would somehow cause some sort of news that would start a panic selling of Bitcoin. Not to imply that Bitcoin is not going up longer-term. But I sense a quiet before the storm surrounding MTGOX. They have been awfully quiet since summer of 2013.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

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February 22, 2014, 01:11:05 AM
 #2

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

If I had to make a prediction for 2014 it would be that MTGOX would somehow cause some sort of news that would start a panic selling of Bitcoin. Not to imply that Bitcoin is not going up longer-term. But I sense a quiet before the storm surrounding MTGOX. They have been awfully quiet since summer of 2013.

How did you get ahold of this informatiom? Are you a Gox insider or perhaps you have access to dark powers (similar to Bitcoinsteve)?

Night gathers, and now my bitcoinwisdom watch begins.
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February 22, 2014, 01:15:51 AM
 #3

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

Ein großes Lob an dich!

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February 22, 2014, 01:18:15 AM
 #4

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

If I had to make a prediction for 2014 it would be that MTGOX would somehow cause some sort of news that would start a panic selling of Bitcoin. Not to imply that Bitcoin is not going up longer-term. But I sense a quiet before the storm surrounding MTGOX. They have been awfully quiet since summer of 2013.

How did you get ahold of this informatiom? Are you a Gox insider or perhaps you have access to dark powers (similar to Bitcoinsteve)?

I looked at all the facts:

Fact #1: MTGOX stopped Fiat withdrawals in June 2013 and said TWO WEEKS would be the delay for resumption.

Fact #2: MTGOX had $5 million seized and an ongoing lawsuit with Coinlab.

Fact #3: MTGOX delays on fiat went on for months.

Fact #4: They were exceptionally quiet about #2.

This ^ was what I based the prediction on. Eventually a ponzi has to end. At the time I didn't believe they had all the funds as you can wire them $100,000 or more in a reasonable amount of time but trying to get that same amount out takes MONTHS.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
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                   ²²²                 
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February 22, 2014, 01:22:21 AM
 #5

Whatever happened with the Coinlab lawsuit? Is this ongoing? I forgot all about it some time after the news originally surfaced.
smoothie (OP)
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February 22, 2014, 01:30:41 AM
 #6

Whatever happened with the Coinlab lawsuit? Is this ongoing? I forgot all about it some time after the news originally surfaced.

Not sure. I haven't kept up with it. Seems it has been pretty quiet on any news regarding this.

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            ,╓p@@███████@╗╖,           
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February 22, 2014, 01:58:36 AM
 #7

Rally this summer confirmed by OP.
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February 22, 2014, 02:04:37 AM
 #8

Whatever happened with the Coinlab lawsuit? Is this ongoing? I forgot all about it some time after the news originally surfaced.

https://bitcointalk.org/index.php?topic=477142.0

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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February 22, 2014, 02:09:13 AM
 #9

Well played but easy to guess  Cheesy
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February 22, 2014, 02:10:22 AM
 #10

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

If I had to make a prediction for 2014 it would be that MTGOX would somehow cause some sort of news that would start a panic selling of Bitcoin. Not to imply that Bitcoin is not going up longer-term. But I sense a quiet before the storm surrounding MTGOX. They have been awfully quiet since summer of 2013.

How did you get ahold of this informatiom? Are you a Gox insider or perhaps you have access to dark powers (similar to Bitcoinsteve)?

I looked at all the facts:

Fact #1: MTGOX stopped Fiat withdrawals in June 2013 and said TWO WEEKS would be the delay for resumption.

Fact #2: MTGOX had $5 million seized and an ongoing lawsuit with Coinlab.

Fact #3: MTGOX delays on fiat went on for months.

Fact #4: They were exceptionally quiet about #2.

This ^ was what I based the prediction on. Eventually a ponzi has to end. At the time I didn't believe they had all the funds as you can wire them $100,000 or more in a reasonable amount of time but trying to get that same amount out takes MONTHS.

Right on the money! Wish I had listened!

more or less retired.
smoothie (OP)
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February 22, 2014, 02:13:21 AM
 #11

Well played but easy to guess  Cheesy

I agree it wasn't hard.  Tongue

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                   ²²²                 
███████████████████████████████████████

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February 22, 2014, 02:13:41 AM
 #12

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

If I had to make a prediction for 2014 it would be that MTGOX would somehow cause some sort of news that would start a panic selling of Bitcoin. Not to imply that Bitcoin is not going up longer-term. But I sense a quiet before the storm surrounding MTGOX. They have been awfully quiet since summer of 2013.

How did you get ahold of this informatiom? Are you a Gox insider or perhaps you have access to dark powers (similar to Bitcoinsteve)?

I looked at all the facts:

Fact #1: MTGOX stopped Fiat withdrawals in June 2013 and said TWO WEEKS would be the delay for resumption.

Fact #2: MTGOX had $5 million seized and an ongoing lawsuit with Coinlab.

Fact #3: MTGOX delays on fiat went on for months.

Fact #4: They were exceptionally quiet about #2.

This ^ was what I based the prediction on. Eventually a ponzi has to end. At the time I didn't believe they had all the funds as you can wire them $100,000 or more in a reasonable amount of time but trying to get that same amount out takes MONTHS.

Right on the money! Wish I had listened!

You have funds stuck in GOX?

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

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February 22, 2014, 02:39:22 AM
 #13

Fact #2: MTGOX had $5 million seized and an ongoing lawsuit with Coinlab.

Based on the counter-suit Coinlab was holding $5M+ in gox funds:

Quote
In addition, Mt. Gox claims that at the beginning of the partnership, nearly $12.8 million of customer accounts were transferred to CoinLab accounts. About $7.5 million was transferred back to Mt. Gox, leaving about $5.3 million of Mt. Gox funds "being wrongfully held by CoinLab," the exchange said in its complaint.

http://news.cnet.com/8301-1023_3-57603194-93/bitcoin-exchange-mt-gox-sues-for-return-of-$5m-from-coinlab/

I never heard anything about that being returned to them; and didn't coinlabs get sued by someone else in the US and basically end up bankrupt (or at least part of their operation)?
http://blogs.wsj.com/moneybeat/2013/11/07/judge-orders-coinlab-to-pay-up-in-bitcoin/

So...by my count that's at least $10million missing just from those 2 events (Feds and Coinlab).
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February 22, 2014, 03:02:18 AM
 #14

Fact #2: MTGOX had $5 million seized and an ongoing lawsuit with Coinlab.

Based on the counter-suit Coinlab was holding $5M+ in gox funds:

Quote
In addition, Mt. Gox claims that at the beginning of the partnership, nearly $12.8 million of customer accounts were transferred to CoinLab accounts. About $7.5 million was transferred back to Mt. Gox, leaving about $5.3 million of Mt. Gox funds "being wrongfully held by CoinLab," the exchange said in its complaint.

http://news.cnet.com/8301-1023_3-57603194-93/bitcoin-exchange-mt-gox-sues-for-return-of-$5m-from-coinlab/

I never heard anything about that being returned to them; and didn't coinlabs get sued by someone else in the US and basically end up bankrupt (or at least part of their operation)?
http://blogs.wsj.com/moneybeat/2013/11/07/judge-orders-coinlab-to-pay-up-in-bitcoin/

So...by my count that's at least $10million missing just from those 2 events (Feds and Coinlab).

Thanks for bringing this to my attention.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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February 22, 2014, 03:15:45 AM
 #15

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

If I had to make a prediction for 2014 it would be that MTGOX would somehow cause some sort of news that would start a panic selling of Bitcoin. Not to imply that Bitcoin is not going up longer-term. But I sense a quiet before the storm surrounding MTGOX. They have been awfully quiet since summer of 2013.

How did you get ahold of this informatiom? Are you a Gox insider or perhaps you have access to dark powers (similar to Bitcoinsteve)?

I looked at all the facts:

Fact #1: MTGOX stopped Fiat withdrawals in June 2013 and said TWO WEEKS would be the delay for resumption.

Fact #2: MTGOX had $5 million seized and an ongoing lawsuit with Coinlab.

Fact #3: MTGOX delays on fiat went on for months.

Fact #4: They were exceptionally quiet about #2.

This ^ was what I based the prediction on. Eventually a ponzi has to end. At the time I didn't believe they had all the funds as you can wire them $100,000 or more in a reasonable amount of time but trying to get that same amount out takes MONTHS.

Right on the money! Wish I had listened!

ALtho its hard to listen since Smoothie was being douchebag and trolling most of the time.
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February 22, 2014, 03:27:17 AM
 #16

Gonna toot my own horn here. Haha. lol  Cheesy Cheesy Cheesy

If I had to make a prediction for 2014 it would be that MTGOX would somehow cause some sort of news that would start a panic selling of Bitcoin. Not to imply that Bitcoin is not going up longer-term. But I sense a quiet before the storm surrounding MTGOX. They have been awfully quiet since summer of 2013.

How did you get ahold of this informatiom? Are you a Gox insider or perhaps you have access to dark powers (similar to Bitcoinsteve)?

I looked at all the facts:

Fact #1: MTGOX stopped Fiat withdrawals in June 2013 and said TWO WEEKS would be the delay for resumption.

Fact #2: MTGOX had $5 million seized and an ongoing lawsuit with Coinlab.

Fact #3: MTGOX delays on fiat went on for months.

Fact #4: They were exceptionally quiet about #2.

This ^ was what I based the prediction on. Eventually a ponzi has to end. At the time I didn't believe they had all the funds as you can wire them $100,000 or more in a reasonable amount of time but trying to get that same amount out takes MONTHS.

Right on the money! Wish I had listened!

ALtho its hard to listen since Smoothie was being douchebag and trolling most of the time.


Check my posts for the last 7 months. Not much trolling there.

But try to do your best to justify why people missed my prediction.  Roll Eyes

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