hardpick
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February 25, 2014, 06:14:36 AM |
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700,000 plus coins poof!
$35M, Jesus! 2nd biggest steal in bitcoin history $35m ? I think it is $350 M ( my bad math ?) 700,000 x $500 = $350m ?
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kevinm
Full Member
Offline
Activity: 228
Merit: 100
This is not good for my Chi... Yifu
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February 25, 2014, 06:18:55 AM |
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hi guys
are they seriously gone with our fiat and btc?
Seems like it, this morning they stopped trading, then a cpl of hours later they pulled the website, No formal announcement from Gox staff. cheers, kev
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TheFootMan
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February 25, 2014, 06:32:13 AM |
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hi guys
are they seriously gone with our fiat and btc?
Seems like it, this morning they stopped trading, then a cpl of hours later they pulled the website, No formal announcement from Gox staff. cheers, kev 700k+ btc gone? Hard to believe, investigation is warranted, and all MtGox management must be held up.
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papamoi
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February 25, 2014, 06:45:44 AM |
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WTF is that there are people here who have all their savings with these guys? ??
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wB`
Member
Offline
Activity: 84
Merit: 10
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February 25, 2014, 07:00:33 AM |
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WTF is that there are people here who have all their savings with these guys? ?? its disgraceful....they did however buy gox.com so maybe they will come back and make things right for people who have lost everything
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biodieselchris
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February 25, 2014, 07:06:04 AM |
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If it's really 700k+ BTC ($350M or so) it'll be interesting to see how many years an investigation goes on for. Every txid is public so eventually someone somewhere will do something stupid, and so it will begin, one of the best episodes of non-fiction real-life drama you've seen yet.
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itsunderstood
Sr. Member
Offline
Activity: 364
Merit: 250
American1973
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February 25, 2014, 07:06:43 AM |
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Double spenders have superior tech skills but are still thieving bags of shit. So, there really is no community, just collective greed and feeble hope, but, that's enough for me to hold all coins long.
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ckoeber
Member
Offline
Activity: 182
Merit: 10
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February 25, 2014, 07:14:35 AM |
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All I have to say is:
Wow, just wow.
Long term this makes BitCoin better though.
No longer wild wild west bullshit. If BitCoin is here to stay we need stability.
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BitPaulo
Member
Offline
Activity: 71
Merit: 10
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February 25, 2014, 07:19:42 AM |
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how come people are still buying through bitcoinbuilder.. even at such a cheap price, isn't throwing money away??
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RoadTrain
Legendary
Offline
Activity: 1386
Merit: 1009
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February 25, 2014, 07:21:41 AM |
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how come people are still buying through bitcoinbuilder.. even at such a cheap price, isn't throwing money away??
Because Gox's future is still not certain, some want to speculate on it. The price reflects the risks associated.
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Pierre
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February 25, 2014, 07:26:51 AM |
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If it's really 700k+ BTC ($350M or so) it'll be interesting to see how many years an investigation goes on for. Every txid is public so eventually someone somewhere will do something stupid, and so it will begin, one of the best episodes of non-fiction real-life drama you've seen yet.
Gox should be able to identify every double withdrawal transaction they ever made, and they have IDs of all these customers.
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cAPSLOCK
Legendary
Offline
Activity: 3794
Merit: 5229
Maybe the Mars is the future!
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February 25, 2014, 07:30:09 AM |
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Gox should be able to identify every double withdrawal transaction they ever made, and they have IDs of all these customers.
Been waiting for someone to bring this up... dingdingding
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itsunderstood
Sr. Member
Offline
Activity: 364
Merit: 250
American1973
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February 25, 2014, 07:32:23 AM Last edit: February 25, 2014, 08:02:50 AM by itsunderstood |
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If it's really 700k+ BTC ($350M or so) it'll be interesting to see how many years an investigation goes on for. Every txid is public so eventually someone somewhere will do something stupid, and so it will begin, one of the best episodes of non-fiction real-life drama you've seen yet.
Gox should be able to identify every double withdrawal transaction they ever made, and they have IDs of all these customers. They said: 1: Double spend going on for [several] years 2: From unverified accounts Yeah, it's basically like a bag of pus that exploded. I mean they could have been honest long before running their stupid inflated 1000 price, I mean everyone wondered wtf are they doing? Now it's clear. I mean deleting the website and twitter feed? It's like CLANK the ass end just dropped right out. Lawyers will save the world! Yay! Go get em boys!
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Hawkix
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February 25, 2014, 07:34:08 AM |
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They have IP logs, and forbid TOR access. Its bullshit and poor excuse for internal fraud. I hope they will get what they deserve.
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MikeH
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February 25, 2014, 07:38:54 AM |
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so they couldn't even find the time to write a script to check balances against accounts to ensure they aren't leaking bitcoins.
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tvbcof
Legendary
Offline
Activity: 4718
Merit: 1277
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February 25, 2014, 07:42:31 AM |
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They have IP logs, and forbid TOR access. Its bullshit and poor excuse for internal fraud. I hope they will get what they deserve.
I suspect they've been nothing more than a honeypot for about 10 months now.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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Zarathustra
Legendary
Offline
Activity: 1162
Merit: 1004
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February 25, 2014, 07:42:50 AM |
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Wow. Good on the community for getting out in front of it, a stand-up lot. Where is sturle? Goxxed and sturled. Congratulations to all the 'victims' who listened to the cheerleaders of those criminals.
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mp420
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February 25, 2014, 07:43:08 AM |
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I actually can believe them losing the 700+kBTC. BTC is easy to lose.
However, I do think they have more than $20M on their bank accounts. Fiat is not easy to lose, at least at those volumes. The business looked like it was very profitable. At least there has to be an explanation of where did all the money go.
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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February 25, 2014, 07:45:07 AM |
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I have quit reading this thread due to high volume and very low signal to noise ratio. Just stopping by announce that my 10k EUR withdrawal from January 4th changed to pending today, and will arrive tomorrow. I have cancelled my other withdrawals to buy BTC.
@Sturle, So how is that "low signal to noise ratio" working for ya? Seems what most of us here have suspected is that MTGOX is insolvent and now their twitter....gone......their site....gone.....and Mark....well you know the rest... So much for me getting that letter to you from my mother eh? Looks like your calls and support for MTGOX were either misled or you knowingly shilled for MTGOX. Please try to spin these recent events to sound like MTGOX is "all good" and is "a-okay!". Unicorns, candy, and rainbows please!
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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February 25, 2014, 07:47:00 AM |
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Wow. Good on the community for getting out in front of it, a stand-up lot. Where is sturle? Goxxed and sturled. Congratulations to all the 'victims' who listened to the cheerleaders of those criminals. I just quoted his last post in this thread above. I am curious to how he is going to spin this to make MTGOX still sound "legit".
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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