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Author Topic: Trades on MTGox disabled?  (Read 2925 times)
RockHound
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February 25, 2014, 03:11:24 AM
 #21

Seen this yet?

http://blog.coinbase.com/post/77766809700/joint-statement-regarding-mtgox
DaFockBro
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February 25, 2014, 03:12:02 AM
 #22

I heard a rumor that Mark accidentally destroyed a hard drive containing 1,000,000+ BTC by spilling a frappucino on it.
freedomno1
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February 25, 2014, 03:13:13 AM
 #23

i find it so funny that people are still logging into MTGOX and trading..

don't you guys realise that MTGOX has severed its ties to the blockchain and to its bank, and all you are doing is playing with binary digits in a database....

and now even that database has severed its ties to the client-side page of the website where you lot want to place orders.

I presume that those poor speculators on there do its so they have more digits in a database to sue Gox in fiat if they go with a proportional reimbursement lawsuit instead of a winner takes all lawsuit. Trying to recover the most of their losses

At a loss for the proper legal terms

Proportional based on BTC

Alice had 100 BTC of the Pool of 20,000 Therefore gets 0.005% of any amount they receive in the claim divided by total bitcoins of all shareholders
Bob has 500 of 20,000 and receives 2.5% of the suit.
Distribution to their file holders based on the Bitcoins they held in fractions proportionate to their holdings.

Proportional Based on Fiat
____
Alice put in 5000 dollars and gets a % of her cash back instead of the Bitcoins held and bought them at the same price as Bob
Bob put in 5000 dollars sold his Bitcoins at 1000 then bought back at 200 dollars
Bob now has 5X as many BTC as Alice
If the suit is based on cash deposited they would still get the same % of cash back regardless of how the trading went
___
All of this assumes they are able to squeeze any money at all out of Gox

Sadly that's all the speculators can do with the binary numbers at this time.

Believing in Bitcoins and it's ability to change the world
vinboy
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February 25, 2014, 03:15:49 AM
 #24

sounds good..
finally the community can start to grow again after the worm is dead.
dopecoindude
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February 25, 2014, 03:18:19 AM
 #25

"[–]SarahCoinBit 1 point 3 minutes ago
It was a pleasure serving this community..marion and myself just got laid off."

Yup.

damn lol

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
Revelations86
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February 25, 2014, 03:19:06 AM
 #26

"[–]SarahCoinBit 1 point 3 minutes ago
It was a pleasure serving this community..marion and myself just got laid off."

Yup.

Whose that?
11danman11
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February 25, 2014, 03:19:21 AM
 #27

sounds good..
finally the community can start to grow again after the worm is dead.


Argh i know i cant wait for mtgox to close up shop.. Would be best for everyone.
Except people with bitcoins/fiat in there..
Pierre
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February 25, 2014, 03:22:47 AM
 #28

"[–]SarahCoinBit 1 point 3 minutes ago
It was a pleasure serving this community..marion and myself just got laid off."

Yup.

damn lol

SarahCoinBit stopped working for Gox weeks ago
ChuckBuck
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February 25, 2014, 03:26:06 AM
 #29

Sorry to hear about people still having coins stuck at Gox, but the writing is definitely on the wall now.

End is definitely near(for Gox).

CharityAuction
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ColdScam
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February 25, 2014, 03:28:56 AM
 #30

"[–]SarahCoinBit 1 point 3 minutes ago
It was a pleasure serving this community..marion and myself just got laid off."

Yup.

damn lol

SarahCoinBit stopped working for Gox weeks ago

I quoted what she posted verbatim...

Gox was broke weeks ago too... She obviously feels like she was "laid off" and it wouldn't surprise me if her departure wasn't for financial reasons.

.
..1xBit.com   Super Six..
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