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fonzie
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February 25, 2014, 11:38:18 PM |
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How in hell can coins (even more so cold storage) be "unavaliable"?
Lost Keys?
Lost Wallet files?
DB corrupted?
You guys have any ideas wth he could mean?
Maybe the FBI seized them(Silkroad, money laundering issues...) |
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Dragonkiller
Sr. Member
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Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 25, 2014, 11:41:41 PM |
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David M
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February 25, 2014, 11:45:40 PM |
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thoughtfan
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February 25, 2014, 11:47:05 PM |
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he's talking about seizures, problems they've had with banks etc in the past
the coins are gone, 'temporary unavailable' means he hoped he could make it back over time following the crisis strategy
I'm obviously speculating but nobody is deluded enough to think that they can make their entire deposit balance back by trading coins that don't exist. Dont forget people are just trading numbers in a database if that amount is lost then there are no coins to make back. Just talking hypothetically here but if there were some coins and fiat in there assuming no more in and no more out and people are trading numbers on a database, slowly but surely the fees would reduce the amount being traded till it was the amount they had. However in practice this depends on having enough for people to withdraw which means people not to know what is going! |
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SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
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February 25, 2014, 11:49:37 PM |
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jojo69
Legendary
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Activity: 3206
Merit: 4386
diamond-handed zealot
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February 25, 2014, 11:50:13 PM |
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this make it in yet?  |
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jojo69
Legendary
Offline
Activity: 3206
Merit: 4386
diamond-handed zealot
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February 25, 2014, 11:52:02 PM |
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courtesy of williambanzai7 over at ZH  |
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TERA
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February 25, 2014, 11:53:44 PM |
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 Is anyone able to read what is going on with the stamp order book today? |
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SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
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February 25, 2014, 11:54:03 PM |
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Mark Karpeles is, without doubt, the worst thing to have ever happened to Bitcoin.
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Arcas
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February 25, 2014, 11:55:47 PM |
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Mark Karpeles is, without doubt, the worst thing to have ever happened to Bitcoin.
MtGox played a huge part in getting Bitcoin to this point. MtGox is also probably the best thing to happen to Bitcoin. |
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TERA
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February 25, 2014, 11:56:07 PM |
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Mark Karpeles is, without doubt, the worst thing to have ever happened to Bitcoin.
I wonder how bitcoin adoption and price would have moved along if it wasn't for Mark and Gox (and there was a competent exchange instead). Do you think maybe the log trendline would perhaps be different and maybe twice as steep? |
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Loozik
Sr. Member
Offline
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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February 25, 2014, 11:59:53 PM |
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Mark Karpeles is, without doubt, the worst thing to have ever happened to Bitcoin.
I wonder how bitcoin adoption and price would have moved along if it wasn't for Mark and Gox (and there was a competent exchange instead). Do you think maybe the log trendline would perhaps be different and maybe twice as steep? I wonder if there are other unidetified yet attack vectors (like malleability) that can be used in futire hacks / scams. |
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kkaspar
Full Member
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Activity: 140
Merit: 100
banned but not broken
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February 26, 2014, 12:01:36 AM |
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How in hell can coins (even more so cold storage) be "unavaliable"?
Lost Keys?
Lost Wallet files?
DB corrupted?
You guys have any ideas wth he could mean?
I think that it's simple. You just take the coins and choose one answer from the list above, and you will not be responsible in the eyes of the law. There is this threat that the creditors may hunt you down and do things to you. But you can pay the more capable kind and let everyone else whine about their bad luck in their forums. Change your identity and sell those coins back to the market through different channels. If the coins are "lost", then mr. Karpeles didn't do anything new here. There have been many cases of "lost" coins before. People who are able to code working bitcoin web exchanges, but who are somehow stupid enough not to create enough backups for the most important database. And if you like, then you can also blame unknown hackers and no one could prove otherwise in court. |
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TERA
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February 26, 2014, 12:02:45 AM |
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The daily candle just came a dollar away from closing green on stamp but closed red.
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ChartBuddy
Legendary
 Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 26, 2014, 12:02:50 AM |
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SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
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February 26, 2014, 12:04:03 AM |
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Press honestly hasn't been bad overall.. much better than before.  |
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prof7bit
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February 26, 2014, 12:08:12 AM |
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@thelema93
[10:58] <JonWickedFire> Is that Crisis Strategy Draft even legit?
[11:04] <MagicalTux> more or less
[11:05] <MagicalTux> as the name suggests it's a draft, and it's a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done
which channel is this from? |
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jojo69
Legendary
Offline
Activity: 3206
Merit: 4386
diamond-handed zealot
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February 26, 2014, 12:10:17 AM |
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@thelema93
[10:58] <JonWickedFire> Is that Crisis Strategy Draft even legit?
[11:04] <MagicalTux> more or less
[11:05] <MagicalTux> as the name suggests it's a draft, and it's a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done
which channel is this from? private |
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Davyd05
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February 26, 2014, 12:19:20 AM |
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@thelema93
[10:58] <JonWickedFire> Is that Crisis Strategy Draft even legit?
[11:04] <MagicalTux> more or less
[11:05] <MagicalTux> as the name suggests it's a draft, and it's a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done
which channel is this from? private <Herodes> JLR14: The conversation with Mark is made up, to bring wiews to his (JonWickedFire) forum. most likely a fake conversation lol |
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