delphic
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February 27, 2014, 02:43:32 AM |
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Edit: Due to some angry Gox depositors, I've been advised to disclose that Karpeles was overstating the fact that he had "lined up" investors. The truth is, in a move of desperation, Mark asked several investors for a bailout, all of which seemed to have immediately notified the authorities once they learned the extent of the fraud, negligence or incompetence at Mt. Gox.
That is to say, my leak did NOT cost depositors their investments. There was no chance of a bailout. Please direct your anger at Mt. Gox, and please do not blame me for your losses. Even if you disagree with my reporting, there was nothing to gain by continuing to cover this up, but much prolonged agony for Bitcoin and perhaps additional damage for new depositors.
Thank you for your support and understanding. That was what he hyped up?? Really? LAMEEEEEEEEEEEEEEE Twobitidiot may have more up his sleeve; the tumblr article title is "BREAKING: Full Mt. Gox Story coming…"
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explorer
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February 27, 2014, 02:48:49 AM |
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Yeah. Glad people are asking the important questions, such as if the Bitcoin ban would affect Dogecoin. lol some of those replies are the funniest things i've read all day lol " you're a piece of shit" & "@Sen_JoeManchin @Rothbardian1627 that is funny because I just sent a letter recommending the banning of #Authoritarian #Senators" thanks for pointing those out Dragonkiller, definitely good laughs there
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Dragonkiller
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Super Smash Bros. Ultimate Available Now!
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February 27, 2014, 02:53:03 AM |
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Yeah. Glad people are asking the important questions, such as if the Bitcoin ban would affect Dogecoin. lol some of those replies are the funniest things i've read all day lol " you're a piece of shit" & "@Sen_JoeManchin @Rothbardian1627 that is funny because I just sent a letter recommending the banning of #Authoritarian #Senators" thanks for pointing those out Dragonkiller, definitely good laughs there
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Arcas
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February 27, 2014, 03:00:11 AM |
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If the Bitstamp market could make a sound, it would probably sound like a balloon slowly deflating.
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delphic
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February 27, 2014, 03:02:27 AM Last edit: February 27, 2014, 03:17:58 AM by delphic |
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If the Bitstamp market could make a sound, it would probably sound like a balloon slowly deflating.
Not sure why. I would have thought that if the reaction is to twobitidiot's latest news, the implication is that the MtGox coins are gone or even destroyed, which would tend to be bullish for BTC.
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billyjoeallen
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Hide your women
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February 27, 2014, 03:04:26 AM |
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Those funds are no more. They have has ceased to be. They have expired and gone to meet Satoshi. They are late funds. They are vapor. Bereft of existence, they rest in peace. If Karpeles hadn't left them on the balance sheet, they would've been written off ages ago. They've rung down the curtain and joined the choir invisible. They are ex-funds.
They are not gone, just pining for the blockchain... Beautiful funds, those bitcoins. This whole matter is far from being concluded... there is a lot of sorting that still NEEDS to be done. I am sure that we DO NOT know the half of the financial situation of Mt. Gox and the extent to which it may be feasible to either reopen or to reimburse customers.... these details are going to be worked out in the coming weeks.. and maybe months. Dude, Gox was run into the ground. It was hollowed out completely. Karpeles didn't stop burning money until there was no more left to burn. It may take time to know the details or we may never know the details, but that doesn't change the relevant fact that Gox was bled dry. Denial is one of the stages of grief so it's ok, but acceptance is the last. See you there.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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February 27, 2014, 03:05:44 AM |
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Peak stuck transmissions from Gox: 70,000 BTC http://coinsight.org/mtgox.html Go to Mt Gox stuck transmission outputs, select all and look at 7 February. That's where the coins went. TX malleability. You only needs to lose 70,000 coins ten times to lose everything.
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creekbore
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Lazy, cynical and insolent since 1968
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February 27, 2014, 03:06:15 AM |
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oh look a Unicorn!
"those unicorns..they is everywhere"
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derpinheimer
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February 27, 2014, 03:08:06 AM |
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Those funds are no more. They have has ceased to be. They have expired and gone to meet Satoshi. They are late funds. They are vapor. Bereft of existence, they rest in peace. If Karpeles hadn't left them on the balance sheet, they would've been written off ages ago. They've rung down the curtain and joined the choir invisible. They are ex-funds.
They are not gone, just pining for the blockchain... Beautiful funds, those bitcoins. This whole matter is far from being concluded... there is a lot of sorting that still NEEDS to be done. I am sure that we DO NOT know the half of the financial situation of Mt. Gox and the extent to which it may be feasible to either reopen or to reimburse customers.... these details are going to be worked out in the coming weeks.. and maybe months. Dude, Gox was run into the ground. It was hollowed out completely. Karpeles didn't stop burning money until there was no more left to burn. It may take time to know the details or we may never know the details, but that doesn't change the relevant fact that Gox was bled dry. Denial is one of the stages of grief so it's ok, but acceptance is the last. See you there. I can picture it.. shovels of dirty fiat being thrown into a furnace. Every time he ran low, he just had to release some stupid press statement and cause a crash. Coffers refilled. GENIUS!! Finally a month ago he had no choice but to do the desperate.. disable withdrawals. Dirty fiat poured in only long enough to run that PoS for another 2 weeks. LOL
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seleme
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Duelbits.com
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February 27, 2014, 03:08:21 AM |
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Yeah. Glad people are asking the important questions, such as if the Bitcoin ban would affect Dogecoin. lol some of those replies are the funniest things i've read all day lol " you're a piece of shit" & "@Sen_JoeManchin @Rothbardian1627 that is funny because I just sent a letter recommending the banning of #Authoritarian #Senators" thanks for pointing those out Dragonkiller, definitely good laughs there This one is champ https://twitter.com/math_management/status/438858773822582784/photo/1
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FNG
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February 27, 2014, 03:11:08 AM |
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Haven't caught up with the thread so not sure if it's been said but over 10,000 people viewing /r/bitcoin and no threads are on the front page.
Huge
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billyjoeallen
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Hide your women
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February 27, 2014, 03:13:02 AM |
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If the Bitstamp market could make a sound, it would probably sound like a balloon slowly deflating.
Not sure why. I would have thought that if the reaction is to twobitidiot's latest news, the implication is that the MtGox coins are gone, which would tend to be bullish for BTC. I guess the market was expecting more than just an implication. To me, it's as clear as day, but people interpret things differently.
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meanig
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February 27, 2014, 03:17:28 AM |
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Haven't caught up with the thread so not sure if it's been said but over 10,000 people viewing /r/bitcoin and no threads are on the front page.
Huge
The press has been huge over the last couple of days. Even my old man asked me if my Bitcoin had crashed and don't be sad if you lost it all coz your health is your wealth etc
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arklan
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February 27, 2014, 03:19:57 AM |
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Haven't caught up with the thread so not sure if it's been said but over 10,000 people viewing /r/bitcoin and no threads are on the front page.
Huge
The press has been huge over the last couple of days. Even my old man asked me if my Bitcoin had crashed and don't be sad if you lost it all coz your health is your wealth etc same - my sister asked me to explain it in laymans terms. heh.
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hdbuck
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February 27, 2014, 03:20:45 AM |
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Mark just stole the bitcoins. He will never admit it (obviously) There is nothing that can or will be done. Believing there was a "mistake" or that the coins are "lost" is even more foolish.
Plz stop extrapolating and move on.
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Walsoraj
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February 27, 2014, 03:21:17 AM |
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What if the two most recent bubbles were entirely manufactured by Gox in attempts to raise enough capital to pay off its liabilities.* And if so, how long will current speculative last?
/tinfoil hat
*Please don't counter with "but China." Almost all activities on their exchanges are by american operated bots.
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arklan
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February 27, 2014, 03:24:55 AM |
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Mark just stole the bitcoins. He will never admit it (obviously) There is nothing that can or will be done. Believing there was a "mistake" or that the coins are "lost" is even more foolish.
Plz stop extrapolating and move on.
well, if gox does end up claiming "lost private keys" somehow, this s easily proven by simply posting the public addresses. then if those coins ever move, he's caught in a lie. so, if he did steal them and says they were lost, then he couldn't ever spend them.
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KeyserSoze
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February 27, 2014, 03:26:24 AM |
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And I agree with some others here that if you have no bitcoin then why would your opinion even matter?
Jorge is just this decade's housewife testifying before the U.S. congress that playing a Led Zeppelin album backward produces Satanic lyrics. He's a dinosaur braying at meteors. He is scared and doesn't understand, so he lashes out blindly.
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hdbuck
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February 27, 2014, 03:28:17 AM |
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Mark just stole the bitcoins. He will never admit it (obviously) There is nothing that can or will be done. Believing there was a "mistake" or that the coins are "lost" is even more foolish.
Plz stop extrapolating and move on.
well, if gox does end up claiming "lost private keys" somehow, this s easily proven by simply posting the public addresses. then if those coins ever move, he's caught in a lie. so, if he did steal them and says they were lost, then he couldn't ever spend them. he is never going to clearly say they "lost private keys". at the very best you will get something like "the coins are irretrievable", which just means nothing. edit: or something like he already told us about "coins being stolen because of malleability issue".. but hey, who could have done it that easily and at such scale?
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billyjoeallen
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Hide your women
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February 27, 2014, 03:30:26 AM |
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This is funny. Half the traders are expecting a crash and half are expecting a rocket ride so of course we're going sideways. But fiat is piling up on Stamp and it's only a matter of time before somebody blinks.
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