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zero3112
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February 25, 2014, 03:53:25 PM |
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 A sad day for the bitcoinica clients. The gox clients should partially blame themselves. They could have left the exchanges for more than a year, and even a few days ago, get 60% back through bitcoinbuilder. But you guys, you are just stuck... I read the bitcoinica story in 2012 when I first went into BTC. And the fact that it is still not solved, is just fucked up. All attention will go to gox, and you will be ignored  yeah.. we were free to get our coins of gox at any time... fucking moron... Mt. Gox wouldn't let me withdraw any coins not even to an internal account even though I was a verified customer. I have been trying to get my coins but was waiting on Mt.Gox since they needed me to resend my documents even though I am already a verified customer. They should already have that information. They said they needed it because I used bitinstant. I had no such chance to use bitcoinbuilder. Other people can attest to this they have been trying to get their money out of Mt.Gox for over a month. |
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disclaimer201
Legendary
 Offline
Activity: 1526
Merit: 1001
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February 25, 2014, 04:14:48 PM |
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It was clear they didn't have the coins for a long time. Lies and nothing but lies to buy more time.
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zero3112
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February 25, 2014, 04:25:14 PM |
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It was clear they didn't have the coins for a long time. Lies and nothing but lies to buy more time.
How long do you think they knew. |
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dancingnancy
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February 25, 2014, 04:36:58 PM |
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I really actually blame the fucking liquidators for just sitting on the 100k and doing nothing and blowing through the money.
I am not out of hope for all of this, but it doesn't look good either, obviously.
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dancingnancy
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February 26, 2014, 12:06:51 AM |
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I really actually blame the fucking liquidators for just sitting on the 100k and doing nothing and blowing through the money.
I am not out of hope for all of this, but it doesn't look good either, obviously.
if gox "lost" 750,000 btc its over. Don't you think our coins would be segregated from their main exchange wallets?? Wasn't there a post to show what address the coins were in.. or am I imagining all of that? |
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Maged
Legendary
Offline
Activity: 1204
Merit: 1015
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February 26, 2014, 01:07:41 AM |
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I really actually blame the fucking liquidators for just sitting on the 100k and doing nothing and blowing through the money.
I am not out of hope for all of this, but it doesn't look good either, obviously.
if gox "lost" 750,000 btc its over. Don't you think our coins would be segregated from their main exchange wallets?? Wasn't there a post to show what address the coins were in.. or am I imagining all of that? Nope. In fact, since the funds were in a "banned" account, MtGox isn't even classifying it as a liability. Effectively, MtGox claimed the funds for themselves. |
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dancingnancy
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February 26, 2014, 01:13:40 AM |
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I really actually blame the fucking liquidators for just sitting on the 100k and doing nothing and blowing through the money.
I am not out of hope for all of this, but it doesn't look good either, obviously.
if gox "lost" 750,000 btc its over. Don't you think our coins would be segregated from their main exchange wallets?? Wasn't there a post to show what address the coins were in.. or am I imagining all of that? Nope. In fact, since the funds were in a "banned" account, MtGox isn't even classifying it as a liability. Effectively, MtGox claimed the funds for themselves. PKF should actually do their job and figure out what is going on. Perhaps actually earn their money. |
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dancingnancy
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February 26, 2014, 04:17:58 AM |
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I really actually blame the fucking liquidators for just sitting on the 100k and doing nothing and blowing through the money.
I am not out of hope for all of this, but it doesn't look good either, obviously.
if gox "lost" 750,000 btc its over. Don't you think our coins would be segregated from their main exchange wallets?? Wasn't there a post to show what address the coins were in.. or am I imagining all of that? Nope. In fact, since the funds were in a "banned" account, MtGox isn't even classifying it as a liability. Effectively, MtGox claimed the funds for themselves. Yes, this is why we are suing them. They can't just say they get the coins. (well unless a judge let's them) goat, what were you talking about earlier in the thread where you said there were talks with the liquidator? |
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disclaimer201
Legendary
Offline
Activity: 1526
Merit: 1001
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February 26, 2014, 04:42:49 AM |
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Can you sue liquidators for wasting 100k of our money and being inactive?
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dancingnancy
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February 26, 2014, 06:13:26 AM |
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Can you sue liquidators for wasting 100k of our money and being inactive?
Thats what i wanna know. |
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MelMan2002
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February 26, 2014, 07:02:29 AM |
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Can you sue liquidators for wasting 100k of our money and being inactive?
Thats what i wanna know. From the last liquidator's report: Any creditor who wishes to challenge the Liquidators fees as set out in this report may do so by an application with leave of the High Court of New Zealand under section 284(1) Companies Act 1993 ('CA93') (and by virtue of section 92 of LPA08). Any such application filed must be served on the Liquidators. |
19F6veduCZcudwXuWoVosjmzziQz4EhBPS
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disclaimer201
Legendary
Offline
Activity: 1526
Merit: 1001
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February 26, 2014, 07:31:19 AM |
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I truly understand now why there is so much violence in the world. George Carlin was right after all. Everything is BS and we get screwed over one way or another.
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coinarch
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February 26, 2014, 09:27:58 AM |
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Can you sue liquidators for wasting 100k of our money and being inactive?
I've worked with liquidators on a professional level in the past. They make real estate agents look honest. The strategy they seem to react most to is anything press related. If possible you should look to get something published in the jurisdiction they are working in (NZ from memory). |
coinarch.com | Do More Than Buy & Sell Bitcoin
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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February 26, 2014, 04:02:43 PM |
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yeah.. we were free to get our coins of gox at any time...
fucking moron...
I did not know some of you were NOT able to use bitcoinbuilder because an unverified account or other "gox" reason. Sorry about that. I wanted to point out that I feel very sorry for the losses on gox, but those that could have left, made a mistake not to do it. Anyway, the bitcoinica clients did not have the chance to leave gox... |
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pof
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February 26, 2014, 04:34:44 PM |
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I can't believe this shit.. what happens when gox goes down?
If Gox goes down we will have an insolvency within an insolvency. We must go deeper. Comparing the glacier speed of the liquidation to the breakneck speed of the BTC ecosystem, I predict more FUBAR in the near future. Insolvenception |
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landho
Newbie
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Activity: 10
Merit: 0
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February 26, 2014, 11:34:49 PM |
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Well there goes my dreams with mtgox.
What is exactly going on? I have a claim with the liquidator but I have not been involved more than that. How does the lawsuit (is there a lawsuit?) affect people not directly involved with it who have lost money in bitcoinica?
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nrd525
Legendary
Offline
Activity: 1867
Merit: 1023
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February 28, 2014, 02:26:37 AM |
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It's looking fairly likely that MtGox knew they were insolvent and that explains why we never got refunded. Makes a lot more sense than an argument over being able to identify whose account it was. Or maybe we were just caught up in their general lack of accounting.
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Digital Gold for Gamblers and True Believers
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bitclown
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February 28, 2014, 11:15:16 AM |
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Had the liquidator actually done what they were supposed to do with all the money they were handed, the Gox collapse could have been uncovered a long time ago. The value of the lost coins would have been lower, Karpeles would be in jail and the community and market would have healed by now. Instead we're left with no money, bigger losses and Karpeles will likely continue goxxing us during the aftermath by providing bad bitcoin publicity.
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dancingnancy
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February 28, 2014, 04:16:54 PM |
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Had the liquidator actually done what they were supposed to do with all the money they were handed, the Gox collapse could have been uncovered a long time ago. The value of the lost coins would have been lower, Karpeles would be in jail and the community and market would have healed by now. Instead we're left with no money, bigger losses and Karpeles will likely continue goxxing us during the aftermath by providing bad bitcoin publicity.
Correct. I say we need to go after PKF for not doing their fiduciary? duty to clients. They just sat there and collected money. |
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