Amph
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October 05, 2015, 07:02:03 AM |
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that amount was probably part of the reason why the price tanked afterward, mtgox was also a heavy centralized exchange, too many coins there, there should be more decentralized exchange, everything around bitcoin should be decentralized to avoid this troubles
Centralization is not the flaw and decentralization is not the answer. If system if corrupted it doesn't matter. If management of MtGox was good it could still be the biggest, active and prominent exchange to this day. All we need is right people on the right place, not idiots, scammers and thieves running things. with decentralization, you can avoid completely the odds to have one malicious guy running everything, and since money make 99% of people malicious is better to have a decentralization system why having a decentralized payment system when everything that turn around it is centralized, it almost kill the point... Yes, but the problem of decentralization is, who would take care of the exchange ? What if it has a bug ? Who is going to fix ? How do we know that the one who is going to fix isn't going to steal the coins ? isn't the same as bitcoin, who fix the bug in bitcoin the dev team, it would work exactly the same, if bitcoin is working good as a open source i can't see why an exchange can not... |
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Falchion
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October 05, 2015, 07:13:41 AM |
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on a micro-scale the biggest scam would probably also be even the smallest amount an investor was scammed out of their bits...
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ginvestor
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October 05, 2015, 02:02:14 PM |
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Mt Gox
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lethalethereal
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October 05, 2015, 11:12:51 PM |
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So thats why the police is chasing him  |
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SerenaL
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October 05, 2015, 11:43:08 PM |
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I had 10btc left in my mtgox account when it went down. Luckily I didnt keep everything in there.
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lethalethereal
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October 05, 2015, 11:52:49 PM |
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Thats sad :/ im looking forward to learn bitcoin |
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Preen
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October 06, 2015, 12:59:52 AM |
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ETH
Lets see, they raise the largest amount in any crowdfunded alt coin, and state in their terms of sale that they are quite literally not obliged to deliver anything at all.
Fast forward and they almost don't deliver anything.
They pay themselves wild salaries to complete what an average google engineer could do in 1/10th the time, and some how squander their funds so quickly that they are now indirectly threatening the community for more funds if the project is to continue.
Just because they have big famous names behind it doesn't make it any less of a scam than your average altcoin.
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givemefive
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October 06, 2015, 02:54:29 PM |
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Must be Mt Gox.
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LiteCoinGuy
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In Satoshi I Trust
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October 06, 2015, 03:08:18 PM |
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Any information about this?
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avatar_kiyoshi
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Activity: 1106
Merit: 1000
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October 06, 2015, 06:39:10 PM |
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This is nice list, that thread is need to updated. there are still some thief company like couldthi efnk which runs out a pretty much bitcoin. Well luckily, i'm never use mt.gox, but don't forget to mintpal. |
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lethalethereal
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October 06, 2015, 07:00:53 PM |
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im luckier cause i just started earning bitcoins |
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UserVVIP
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October 06, 2015, 07:03:06 PM |
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MT.GOX IS THE BIGGEST SCAM TO EVER HIT THE BITCOIN COMMUNITY IN THE WORLD! NEVER TRUST MT GOX!
NEVER!
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7788bitcoin
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October 06, 2015, 10:56:14 PM |
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I think the answer is clear that Mt Gox is the biggest scam. Hopefully it will remain to be the biggest and there will not be anything bigger.
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armadilo
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October 06, 2015, 11:14:04 PM |
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Bitcoin XT
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dothebeats
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October 06, 2015, 11:42:33 PM |
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The answer to this question is too obvious: Mt. Gox.
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Snorek
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October 06, 2015, 11:45:05 PM |
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I had 10btc left in my mtgox account when it went down. Luckily I didnt keep everything in there.
Have you ever tried to reclaim your btc? I heard that some of the Mt.Gox 'lost' bitcoin are now in the possession of Kraken exchange. They are managing them and hopefully some of btc will be given back. I am so happy that I was not around when Mt.Gox crashed. |
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feverpitch
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October 07, 2015, 12:46:20 AM |
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Satoshi DICE
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deon
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October 07, 2015, 09:58:25 AM |
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Mt Gox is at the top of the list. Number 2 is all the ransomware. Looks really bad on the community when bitcoin payments are demanded for extortion.
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Furio
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Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
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October 07, 2015, 10:05:27 AM |
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MT. Gox since they were the reason for the hyperinflated prices for bitcoin, and the following dump....
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mexxer-2
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October 07, 2015, 10:08:04 AM |
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MT. Gox since they were the reason for the hyperinflated prices for bitcoin, and the following dump....
Sure Mt. gox was the biggest scam event that happened to bitcoin but it also raised the price to where we are currently(even if it did crash at $1k) , I'd say if not for Mt. Gox I'd not be in this forum at all. |
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