Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[bitcoinvest]

So have you read that? Full story easy for all to understand....
i think has some points left but covers the most

http://falkvinge.net/2014/02/28/the-gox-crater-crowd-detectives-reveal-billion-dollar-heist-as-inside-job/

and from the above is good to stand here:

According to an anonymous high-profile source, the first and original bitcoin scam was the online coin wallet Mybitcoin.com. People would deposit hundreds of thousands of coins there, as the currency was new and hundreds of thousands of coins weren’t yet worth a lot.

Then, on July 29, 2011, the site went blank, just like the Gox website did. People panicked and gradually accepted a catastrophic loss of funds.

On August 11, 14 days later, the site came back online and declared – just like Gox – that they “had been hacked”, had filed for bankruptcy protection, just like Gox, but “had managed to recover” 49% of the funds. People could fill out claim forms to recover these funds. As this was enough time for most people to internalize the loss, they were happy again at the sudden windfall; things suddenly weren’t as bad as they had seemed. In the meantime, the anonymous person who ran mybitcoin.com disappeared with a huge amount of money, according to the source.


In our case what it going to happen ??

[hdbuck]

So have you read that? Full story easy for all to understand....
i think has some points left but covers the most

http://falkvinge.net/2014/02/28/the-gox-crater-crowd-detectives-reveal-billion-dollar-heist-as-inside-job/

thats what i keep saying from the beginning.
i want my medal.

Watching Mark in that video is just absolutely infuriating

What a crook, you see no remorse whatsoever - he's just going through the motions and preparing for retirement.

looks guilty as hell.


told ya  

[zyk]

i wonder if the fact that 850k BTC were stolen and there is a possibility of the huge dump will be the cause of the next fud/panic

I doubt that, all current exchanges ( maybe except BTC-e) use strict AML and KYC complience

Same for MtGox
Soo should be very easy to catch them...
Wait...
how much is a passport scan on TOR ? 0.01btc ?
If you can scam 850K i think it's not so difficult to forge a fake confirmed account

I am no legal expert to be honest, a massive dump could happen but cashing that money out wont be easy...

Hi, this is Mikes shemale speaking...I can happily tell you that the money has been taken out already

while you were speculating about Gag orders, malleability and unicorns

Thank you

[yrtrnc]

I'll tell you what is going to happen. Mark is gonna buy his island in the caribbean and sip on some margaritas on the his private beach.

[barbs]

I'll tell you what is going to happen. Mark is gonna buy his island in the caribbean and sip on some margaritas frappachinos / whip its on the his private beach.

ftfy

[Flatulenters]

What the apology means
Apologizing plays a key role when Japanese companies respond to a crisis — an act that is often misunderstood by non-Japanese. Unlike in Western societies, where a public apology is taken as an admission of guilt, apologies are considered obligatory in Japan, and it is common to see Japanese men in dark suits at packed press conferences with grave expressions, their heads bowed deeply, apologizing to the Japanese public at large. But what exactly are they apologizing for? Often the apology is for creating a disturbance and is not meant to imply guilt or innocence. While this might be understood in Japan, apologizing in this manner clearly does not translate well to an overseas audience.

[yrtrnc]

I'll tell you what is going to happen. Mark is gonna buy his island in the caribbean and sip on some margaritas frappachinos / whip its on the his private beach.

ftfy

Thats better, thanks

[hdbuck]

What the apology means
Apologizing plays a key role when Japanese companies respond to a crisis — an act that is often misunderstood by non-Japanese. Unlike in Western societies, where a public apology is taken as an admission of guilt, apologies are considered obligatory in Japan, and it is common to see Japanese men in dark suits at packed press conferences with grave expressions, their heads bowed deeply, apologizing to the Japanese public at large. But what exactly are they apologizing for? Often the apology is for creating a disturbance and is not meant to imply guilt or innocence. While this might be understood in Japan, apologizing in this manner clearly does not translate well to an overseas audience.

He doesnt give a damn about overseas audiences... He just need to comply with Japanese, who will protect him from now on.

[barbs]

He deserves whatever is waiting for him around the corner of some dark alleyway.  

What a terrible blow for bitcoin.

[yrtrnc]

He deserves whatever is waiting for him around the corner of some dark alleyway.  

What a terrible blow for bitcoin.

Or Sunny beach!

[thanksmark]

Mark Karpeles at press conference today:

http://www.youtube.com/watch?v=jsntiroGh0k

A must see!

He should've been made a dogeza.

http://en.wikipedia.org/wiki/Dogeza

[TERA]

At the end of the video, Mark tells you to HODL.  

[FTWbitcoinFTW]

Unlike in Western societies, where a public apology is taken as an admission of guilt

I'll take that as a admission of guilt, no you ?

[barbs]

unbelievable that he allowed trading to continue when he knew that the btc coffers were empty, JUST TO LOWER HIS LAST PRICE and cut his liabilities into 1/10th when his company was dissolved.

That is absolutely f'd up.  

[hdbuck]

the term "lost" is so fallacious. it means that people wont be able to have their bitcoins back. but it doesnt necessarily mean that no one have access to them... LOL

Checkmate! 

[Asrael999]

Unlike in Western societies, where a public apology is taken as an admission of guilt

I'll take that as a admission of guilt, no you ?

Looks like he's laughing while his head is down.

[ChartBuddy]

Explanation

[barbs]

The slob can't even button up the top of his shirt he's so fat from all the money he's robbed people off.

BTC madoff. Great.

[KeyserSoze]

750,000 customer bitcoins stolen & 120,000 company bitcoins stolen.

Whew, that's good news. I was afraid it was a million coins stolen. 

[Asrael999]

i wonder if the fact that 850k BTC were stolen and there is a possibility of the huge dump will be the cause of the next fud/panic

I dont think they would dump them now!

If they were stolen as long ago as people are suggesting (2011/12) then the chances are that they have already been sold.