ardana123
|
|
June 21, 2013, 11:12:44 AM |
|
MtGox will soon be EmptyGox with loads of fiat money withdrawals initiated next week. Where would that money go though? I'd imagine other exchanges would encounter the same problems once they reach the daily volume of Gox.
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
June 21, 2013, 11:15:23 AM |
|
Most will go to banks, some will go to Bitstamp. Net effect, loss of confidence and loss of dirty fiat money.
|
|
|
|
Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
|
|
June 21, 2013, 11:31:33 AM |
|
How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise.
|
|
|
|
spooderman
Legendary
Offline
Activity: 1652
Merit: 1029
|
|
June 21, 2013, 11:37:42 AM |
|
How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. Didn't they lose everyone's password hashes recently? My friend had everything stolen.
|
|
|
|
lucas.sev
|
|
June 21, 2013, 11:42:29 AM |
|
How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. Didn't they lose everyone's password hashes recently? My friend had everything stolen. If your "friend" did not use 2 step authentication he deserved it.
|
|
|
|
spooderman
Legendary
Offline
Activity: 1652
Merit: 1029
|
|
June 21, 2013, 11:46:26 AM |
|
How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. Didn't they lose everyone's password hashes recently? My friend had everything stolen. If your "friend" did not use 2 step authentication he deserved it. He did not deserve it. We all make mistakes. I only found out about the password hashes from a post on here. All gox had to do was send out and email informing customers what had happened and to advise them to change their password. I'm not just gox bashing for the hell of it, they are not that bad, but this could have been avoided.
|
|
|
|
Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
|
|
June 21, 2013, 11:52:47 AM |
|
How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. Didn't they lose everyone's password hashes recently? My friend had everything stolen. If your "friend" did not use 2 step authentication he deserved it. He did not deserve it. We all make mistakes. I only found out about the password hashes from a post on here. All gox had to do was send out and email informing customers what had happened and to advise them to change their password. I'm not just gox bashing for the hell of it, they are not that bad, but this could have been avoided. I missed that one, wow! That is really too bad, sorry to hear that. Again, there will just be a movement from Gox - that is healthy.
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 21, 2013, 12:00:40 PM |
|
|
|
|
|
TheKoziTwo
Legendary
Offline
Activity: 1552
Merit: 1047
|
|
June 21, 2013, 12:07:54 PM |
|
How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. Didn't they lose everyone's password hashes recently? My friend had everything stolen. If your "friend" did not use 2 step authentication he deserved it. He did not deserve it. We all make mistakes. I only found out about the password hashes from a post on here. All gox had to do was send out and email informing customers what had happened and to advise them to change their password.
I'm not just gox bashing for the hell of it, they are not that bad, but this could have been avoided. All your friend had to do was read his e-mail I guess. They sent multiple e-mails regarding this... "Dear Mt.Gox user, Our database has been compromised, including your email. We are working on a quick resolution and to begin with, your password has been disabled as a security measure (and you will need to reset it to login again on Mt.Gox). If you were using the same password on Mt.Gox and other places (email, etc), you should change this password as soon as possible. For more details, please see this: https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollbackThe informations there will be updated as our investigation progresses. Please accept our apologies for the troubles caused, and be certain we will do everything we can to keep the funds entrusted with us as secure as possible. The leaked data includes the following: - Account number - Account login - Email address - Encrypted password While the password is encrypted, it is possible to bruteforce most passwords with time, and it is likely bad people are working on this right now. Any unauthorized access done to any account you own (email, mtgox, etc) should be reported to the appropriate authorities in your country. Thanks, The Mt.Gox team"
|
|
|
|
prof7bit
|
|
June 21, 2013, 12:11:50 PM |
|
220.00 ▒▒▒▒ 215.00 210.00 ▒▒ 205.00 ▒▒▒▒▒▒ 200.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 195.00 ▒▒▒ 190.00 ▒▒▒▒▒▒▒▒ 185.00 ▒▒▒▒▒ 180.00 ▒▒▒▒▒▒▒▒▒▒ 175.00 ▒▒▒▒▒▒▒▒ 170.00 ▒▒▒▒▒▒▒▒▒▒▒▒ 165.00 ▒▒▒▒▒▒▒▒▒▒▒▒ 160.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 155.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 150.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 145.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 140.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 135.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 130.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 125.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 120.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 115.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 110.00 ▒▒▒▒▒
105.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 100.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 95.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 90.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 85.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 80.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 75.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 70.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 65.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 60.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 55.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 50.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 45.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 40.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 35.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 30.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 25.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 20.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 15.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 10.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 5.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 0.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒
|
|
|
|
Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
|
|
June 21, 2013, 12:21:59 PM |
|
220.00 ▒▒▒▒ 215.00 210.00 ▒▒ 205.00 ▒▒▒▒▒▒ 200.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 195.00 ▒▒▒ 190.00 ▒▒▒▒▒▒▒▒ 185.00 ▒▒▒▒▒ 180.00 ▒▒▒▒▒▒▒▒▒▒ 175.00 ▒▒▒▒▒▒▒▒ 170.00 ▒▒▒▒▒▒▒▒▒▒▒▒ 165.00 ▒▒▒▒▒▒▒▒▒▒▒▒ 160.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 155.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 150.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 145.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 140.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 135.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 130.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 125.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 120.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 115.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 110.00 ▒▒▒▒▒
105.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 100.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 95.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 90.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 85.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 80.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 75.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 70.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 65.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 60.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 55.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 50.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 45.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 40.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 35.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 30.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 25.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 20.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 15.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 10.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 5.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ 0.00 ▒▒▒▒▒▒▒▒▒▒▒▒▒▒
Goes to show you that you can't trust the market depth on Gox. Still going down and yet the depth (buy side) doesn't look terrible (like on Bitstamp)
|
|
|
|
bangersdad
|
|
June 21, 2013, 12:26:46 PM |
|
Sell Sell Sell
|
|
|
|
weaknesswaran
|
|
June 21, 2013, 12:44:01 PM |
|
Double digits @ bitstamp
|
|
|
|
Coinseeker
|
|
June 21, 2013, 12:44:23 PM |
|
Double digits @ bitstamp
Sentiment manipulation is so easy. You can even tell them and it will still work.
|
|
|
|
klee
Legendary
Offline
Activity: 1498
Merit: 1000
|
|
June 21, 2013, 12:49:15 PM |
|
Can someone explain to me why, under the certain circumstances, price @MtGox is falling?!?
|
|
|
|
lucas.sev
|
|
June 21, 2013, 12:52:53 PM |
|
Can someone explain to me why, under the certain circumstances, price @MtGox is falling?!?
Maybe people here overestimate impact of news about wire transfers? And they were not behind price rise?
|
|
|
|
wonkytonky
|
|
June 21, 2013, 12:53:32 PM |
|
How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. Didn't they lose everyone's password hashes recently? My friend had everything stolen. If your "friend" did not use 2 step authentication he deserved it. He did not deserve it. We all make mistakes. I only found out about the password hashes from a post on here. All gox had to do was send out and email informing customers what had happened and to advise them to change their password.
I'm not just gox bashing for the hell of it, they are not that bad, but this could have been avoided. All your friend had to do was read his e-mail I guess. They sent multiple e-mails regarding this... "Dear Mt.Gox user, Our database has been compromised, including your email. We are working on a quick resolution and to begin with, your password has been disabled as a security measure (and you will need to reset it to login again on Mt.Gox). If you were using the same password on Mt.Gox and other places (email, etc), you should change this password as soon as possible. For more details, please see this: https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollbackThe informations there will be updated as our investigation progresses. Please accept our apologies for the troubles caused, and be certain we will do everything we can to keep the funds entrusted with us as secure as possible. The leaked data includes the following: - Account number - Account login - Email address - Encrypted password While the password is encrypted, it is possible to bruteforce most passwords with time, and it is likely bad people are working on this right now. Any unauthorized access done to any account you own (email, mtgox, etc) should be reported to the appropriate authorities in your country. Thanks, The Mt.Gox team" i did not get that mail.. when was this?
|
|
|
|
weaknesswaran
|
|
June 21, 2013, 12:54:49 PM |
|
Can someone explain to me why, under the certain circumstances, price @MtGox is falling?!?
Maybe people here overestimate impact of news about wire transfers? And they were not behind price rise? arbitrage traders aren´t out of ammo yet.
|
|
|
|
Coinseeker
|
|
June 21, 2013, 12:55:31 PM |
|
Where's all the big, tough talking bulls at? BUY why don't you!!
|
|
|
|
SGExodus
|
|
June 21, 2013, 12:56:32 PM |
|
Can someone explain to me why, under the certain circumstances, price @MtGox is falling?!?
Same as last week. Some people believes that there will be another big dump on Sunday 5am, hence causing a big drop in price. So they are selling all their coins now to hold a short position, then buy back those coins on Sunday after a further price drop.
|
|
|
|
|