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Calhil
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February 25, 2014, 06:14:34 PM |
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So supposedly 750k coins were stolen? How could they not have noticed that? Did it happen in one go or over the course of years? Surely they must have noticed their cold storage getting smaller every day.
Nobody is stupid enough not to notice missing 750k BTC.. Someone is just trying to make people panic and buy cheap coins for himself. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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meanig
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February 25, 2014, 06:14:52 PM |
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So supposedly 750k coins were stolen? How could they not have noticed that? Did it happen in one go or over the course of years? Surely they must have noticed their cold storage getting smaller every day.
If that supposedly leaked document had said 75k it would have been believable but 750k is total bullshit. |
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magicmexican
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February 25, 2014, 06:14:59 PM |
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did anyone notice that they've changed the mtgox.com update a bit? Added "in the light of" to the begging.
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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February 25, 2014, 06:15:32 PM
Last edit: February 25, 2014, 06:37:08 PM by Sitarow |
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Edit: Anyone recall how long MtGox was down the last time trading was put on hold?
I think BTC was trading at $15 average at the time on TradeHill.
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Peter R
Legendary
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Activity: 1162
Merit: 1007
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February 25, 2014, 06:16:48 PM |
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So supposedly 750k coins were stolen? How could they not have noticed that? Did it happen in one go or over the course of years? Surely they must have noticed their cold storage getting smaller every day.
I'm highly skeptical of the "750k BTC stolen" figure. It seems that this number only comes from the questionable "Gox Restructuring" document going around. MtGox is clearly in trouble; however, unless this was blatant insider theft, I don't see how they could have lost 750k BTC. |
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JCviggen
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February 25, 2014, 06:17:35 PM |
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did anyone notice that they've changed the mtgox.com update a bit? Added "in the light of" to the begging.
If it is true that they are *trying* to negotiate a takeover of the company, it probably makes sense that they put up a statement that said even less than usual. The mere fact that something got posted on the site was a lot better than having a blank page. But being in negotiations, nothing of substance can really be said without risking damage to the process. |
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kkaspar
Full Member
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Activity: 140
Merit: 100
banned but not broken
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February 25, 2014, 06:19:05 PM |
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Your money is going be to waiting a long time then. I doubt we retest $400 at all.
People here have been telling me this all the way down from 1000$. What I have learned is that most people here have no clue what they're talking about. So, I think that I can manage without your advice. Without the coming of new markets with proper volume, in new geographical locations, everything above 300 is too fragile for my taste. And I don't care if I miss out some temporal rises, because buying and selling those is not trading but gambling. |
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ChrisML
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February 25, 2014, 06:19:29 PM |
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did anyone notice that they've changed the mtgox.com update a bit? Added "in the light of" to the begging.
If it is true that they are *trying* to negotiate a takeover of the company, it probably makes sense that they put up a statement that said even less than usual. The mere fact that something got posted on the site was a lot better than having a blank page. But being in negotiations, nothing of substance can really be said without risking damage to the process. If so, buy dem cheap coins on Bitcoinbuilder  |
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Peter R
Legendary
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Activity: 1162
Merit: 1007
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February 25, 2014, 06:27:06 PM |
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Your money is going be to waiting a long time then. I doubt we retest $400 at all.
People here have been telling me this all the way down from 1000$. What I have learned is that most people here have no clue what they're talking about. So, I think that I can manage without your advice. Without the coming of new markets with proper volume, in new geographical locations, everything above 300 is too fragile for my taste. And I don't care if I miss out some temporal rises, because buying and selling those is not trading but gambling. You are correct, kkaspar. We are all just guessing--including yourself. If you think bitcoin will be successful, then at some point in the future the price will be vastly higher than today. You've done well so far by waiting, but why not deploy 25%-50% of your allocated funds now? If yesterday was the bottom, you can enjoy the ride up from here. But if we hit your $200-$300 target, then you can purchase more. People don't have to buy and sell all at once. |
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deadfi$h
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February 25, 2014, 06:27:22 PM |
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Your money is going be to waiting a long time then. I doubt we retest $400 at all.
People here have been telling me this all the way down from 1000$. What I have learned is that most people here have no clue what they're talking about. So, I think that I can manage without your advice. Without the coming of new markets with proper volume, in new geographical locations, everything above 300 is too fragile for my taste. And I don't care if I miss out some temporal rises, because buying and selling those is not trading but gambling. Yep, yep. Not trying to give you advice, just speculating. Wouldn't the fact that sub-$300 prices would be a major break of the long term trend make you uneasy? $400 is right on the 200 EMA on the week chart. A perfect place to bounce up off of just like we did in July 2013 at the bottom of the last bear market. |
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Solarstorm75
Member
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Activity: 70
Merit: 10
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February 25, 2014, 06:29:48 PM |
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But being in negotiations, nothing of substance can really be said without risking damage to the process.
Leaving Bitcoin Foundation, presenting a blank page to the customers, deleting all tweets... Do you think that this behavior will bring Karpeles into better position in such negotiations? Rumors of acquisition and the upmove today...I'm very sceptical... Maybe it's the way Karpeles shows the community his finger with a bull trap one last time. |
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porcupine87
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February 25, 2014, 06:31:07 PM |
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Bitstamp has so far the second highest volume in their histroy, over 100 000btc already. btc-e will get the 3. highest volume in their history...
Huoboi 350 000 so far. I don't trust their numbers...
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delphic
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February 25, 2014, 06:32:16 PM |
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did anyone notice that they've changed the mtgox.com update a bit? Added "in the light of" to the begging.
If it is true that they are *trying* to negotiate a takeover of the company, it probably makes sense that they put up a statement that said even less than usual. The mere fact that something got posted on the site was a lot better than having a blank page. But being in negotiations, nothing of substance can really be said without risking damage to the process. Yet Karpeles then goes blabbing to Reuters: "We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties." ...which almost certainly means, or is intended to imply, a buyer, real or not. Karpeles has no clue about Due Diligence. Amongst other things. |
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Davyd05
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February 25, 2014, 06:32:40 PM |
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been going at that one for 2 days, and yet again he helped you get the facts straight. |
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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February 25, 2014, 06:36:50 PM |
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New look (for now)  |
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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February 25, 2014, 06:39:18 PM |
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Clearly you don't know when your comments look like 100% troll.. and in my opinion they we're and stand by Rampion's comment.
Your starting to look like a jack ass
All I know is that Mr. whatever himself wrote in a previous post that he knew Bitcoinrain's owner personally, and defended him. What I don understand is why he still calls me "Mr. Stelfi". I don't know Bitcoinrain's owner personally - I happen to know the current owner of Mercado Bitcoin, and they are two separate persons. The Bitcoinrain owner SOLD Mercado Bitcoin to a third party, who is completely unrelated to the ponzi/fund. And BTW: despite of the questionable business model of the aforementioned fund, AFAIK the theft of aprox. 10k bitcoins owned by Bitcoinrain indeed happened and it was not an "inside job" as you implied. I explained the above just to point out how you are just mis-reading shit on forums and then making up assumptions to support your old-and-already-debunked arguments regarding how Bitcoin is a zero-sum scam, a ponzi, etc. That's not the kind of behaviour I would expect from an intellectual, that's the kind of behaviour I would expect from a troll. Do you want to contribute in any meaningful way to this community? Then STFU a little while, read a learn and try to ADD to what has already been said instead of repeating the same old songs mixing them with misconceptions and mistakes originating in the little knowledge you have of both the technology and the ecosystem. And honestly: for a guy who is supposed to have a background in cryptography you have been pretty out of this world to arrive SO LATE to Bitcoin. Wake up Mr.Stolfi, we are in 2014. The good news is you didn't necessarily miss the train, just wake up, stop trolling and open your eyes. |
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JorgeStolfi
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February 25, 2014, 06:40:48 PM |
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he helped you get the facts straight.
You too know for a fact that that providential just-in-time theft was real? |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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February 25, 2014, 06:41:44 PM |
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If it's not a major player or group of players in the tech/finance spaces buying out Gox, then it will not survive. Gox needs to reorganize, recapitalize and rebrand. Someone like Peter Thiel of PayPal worth billions. Ironically, They would need to keep Coffee Boy on the payroll for quite a while to aid with the transition. That clown didn't give a shit when it was his own money on the line, so he'll probably be even worse as an employee.
No news is bad news here and I think it's safe to assume the worst. Nobody is coming to the rescue. That way the only surprises are pleasant ones. Really hope I'm wrong, but there are only a handful of people who could pull it off and I doubt any of them want to. MtGox may very well be liquidated and claimants will get pennies on the dollar.
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ChrisML
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February 25, 2014, 06:44:42 PM |
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Lets leave MTgox behind us and move towards the $5000,- per BTC price Max K has been telling us about.
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traderCJ
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February 25, 2014, 06:46:37 PM |
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If it's not a major player or group of players in the tech/finance spaces buying out Gox, then it will not survive. Gox needs to reorganize, recapitalize and rebrand. Someone like Peter Thiel of PayPal worth billions. Ironically, They would need to keep Coffee Boy on the payroll for quite a while to aid with the transition. That clown didn't give a shit when it was his own money on the line, so he'll probably be even worse as an employee.
No news is bad news here and I think it's safe to assume the worst. Nobody is coming to the rescue. That way the only surprises are pleasant ones. Really hope I'm wrong, but there are only a handful of people who could pull it off and I doubt any of them want to. MtGox may very well be liquidated and claimants will get pennies on the dollar.
Incorrect. Absolutely, flat out incorrect. Gox won't require a "big name" to survive. It's survived this long with a world class jack off at the helm. All of these exchange owners were no names until Bitcoin became popular. We don't know exactly how much debt Gox owes, but it's likely that the debt could be paid off in a year or two from exchange fees. |
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