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F-bernanke
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February 20, 2014, 08:57:34 AM |
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You know when the price on Gox reaches zero that they will not owe anything to anyone?
This should not be possible, or can people place bids for 0 dollar? |
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FTWbitcoinFTW
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February 20, 2014, 08:57:52 AM |
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What was the release time for the previous update ?
7PM JPS ?
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RicePicker
Full Member
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Activity: 216
Merit: 100
RicePicker
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February 20, 2014, 08:58:27 AM |
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You know when the price on Gox reaches zero that they will not owe anything to anyone?
This should not be possible, or can people place bids for 0 dollar? Not when you are trading Goxcoins. |
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virtualfaqs
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February 20, 2014, 09:00:42 AM |
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But I thought you sent your Mtgox BTC to Josh and Josh also holds all the real BTC. The Mtgox BTC and real BTC stays with him until you withdraw like an exchange.
I think you're right, after reading his FAQ. I do not understand Gox (never having used it) so it is not surprising that I do not understand how he can hold the goxcoin. Do they have a c2c xfer system? I think I understand this now. Basically if Mtgox dies, he shouldn't have to take any of the responsibility, but all that fake Mtgox BTC will be with him when it does goes down (unless buyer asked for it to be delivered to their Mtgox account.) Even though it shouldn't matter since it's all gone and he would have delivered it if he had the possibility, there may still be a legal risk to him. :/ Basically he found a way to send Mtgox BTC to verified accounts. I'm not even sure if you can get your Mtgox BTC back if you don't have a verified Mtgox account. Everyone can send Gox-Btc from one mtgox account to another account ,internally. This is still still working. Mtgox being insolvent, Josh can instantly send the gox-coin to the respective gox addresses , unless the website goes down. Yes. I guess it wouldn't matter if Josh had the Mtgox coins or you did if the website goes down. It will technically be worth $0. |
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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February 20, 2014, 09:00:45 AM |
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The greenest spike ever if that is true.  |
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exponential
Member
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Activity: 94
Merit: 10
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February 20, 2014, 09:01:36 AM |
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virtualfaqs
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February 20, 2014, 09:01:51 AM |
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You know when the price on Gox reaches zero that they will not owe anything to anyone?
LOL. Hadn't thought of that. Except everyone with fiat. Like that panic sell going on right now?  |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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February 20, 2014, 09:03:34 AM |
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japanese police is investigating mtgox. that´s why mk is talking strange stuff. they were forced to move out. japanese government will declare bitcoin illegal in japan. insiders know it, dump their coins for any price, since they know they get the dollars after investigation/dissolving of gox is over.
confirmed.
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magicmexican
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February 20, 2014, 09:06:17 AM |
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Man this is like time traveling
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JCviggen
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February 20, 2014, 09:06:32 AM |
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confirmed.
Confirmed without a source obviously  |
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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February 20, 2014, 09:06:55 AM |
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japanese police is investigating mtgox. that´s why mk is talking strange stuff. they were forced to move out. japanese government will declare bitcoin illegal in japan. insiders know it, dump their coins for any price, since they know they get the dollars after investigation/dissolving of gox is over.
confirmed.
Um, so... when they declare the bitcoins illegal, they're destroying the privkeys? Or what? |
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FTWbitcoinFTW
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February 20, 2014, 09:07:08 AM |
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confirmed.
Confirmed by your short position ? |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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February 20, 2014, 09:08:04 AM |
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hmmmstrange
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February 20, 2014, 09:08:10 AM |
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japanese police is investigating mtgox. that´s why mk is talking strange stuff. they were forced to move out. japanese government will declare bitcoin illegal in japan. insiders know it, dump their coins for any price, since they know they get the dollars after investigation/dissolving of gox is over.
confirmed.
Mark was just spotted at HND airport in the private lounge. confirmed. |
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magicmexican
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February 20, 2014, 09:08:25 AM |
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In the meantime, the amount of coins for sale on Gox is still increasing, how is that even possible? Its like people depositing btc's there to sell or something
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EuroTrash
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February 20, 2014, 09:09:44 AM |
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If nothing else this is going to be a blood bath for some whaleosaurs, thus favoring some sort of redistribution of wealth.
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F-bernanke
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February 20, 2014, 09:10:28 AM |
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In the meantime, the amount of coins for sale on Gox is still increasing, how is that even possible? Its like people depositing btc's there to sell or something
I bet there's people stupid enough to do that. |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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February 20, 2014, 09:10:38 AM |
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In the meantime, the amount of coins for sale on Gox is still increasing, how is that even possible? Its like people depositing btc's there to sell or something
Jockeying to go down in history as the last person to sell 10,000 bitcoin for a pizza. |
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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February 20, 2014, 09:10:55 AM |
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This isn't tree shaking, it's a goddamn earthquake
EDIT: DAT GREEN CANDLE
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