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Author Topic: MtGox gets sued by CoinLab  (Read 3098 times)
WikileaksDude (OP)
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May 03, 2013, 01:43:43 AM
 #1

http://gawker.com/massive-bitcoin-business-partnership-devolves-into-75-487857656

Is this true?
gweedo
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May 03, 2013, 01:47:09 AM
 #2

It looks true those papers are legit, and Mark commented
Quote
We have not been served nor notified of such a lawsuit (except from your email), so it is difficult for us to comment at this point in time. We will review this within the next hours.
franky1
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May 03, 2013, 01:47:45 AM
 #3


go to coinlab.com.. its official

http://coinlab.com/status

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
kjj
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May 03, 2013, 01:56:37 AM
 #4

The other thread on this got moved.

https://bitcointalk.org/index.php?topic=193888.0;all

17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8
I routinely ignore posters with paid advertising in their sigs.  You should too.
WikileaksDude (OP)
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May 03, 2013, 01:56:56 AM
 #5


Why didn't CoinLab start their own US exchange instead of joining mtgox?
Inedible
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May 03, 2013, 01:58:26 AM
 #6

Why didn't CoinLab start their own US exchange instead of joining mtgox?

Coz they already have a huge existing customer base and it would take time and money to market a new one from scratch.

If this post was useful, interesting or entertaining, then you've misunderstood.
Minor Miner
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May 03, 2013, 02:00:57 AM
 #7

Why didn't CoinLab start their own US exchange instead of joining mtgox?
Coz they already have a huge existing customer base and it would take time and money to market a new one from scratch.
You think?   Mt Gox would drive people there with their crappy service.    A well funded US exchange would do well with just press releases of the capital behind them.

Inedible
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May 03, 2013, 02:04:11 AM
 #8

You think?   Mt Gox would drive people there with their crappy service.    A well funded US exchange would do well with just press releases of the capital behind them.

I think they have $500,000 funding. Not sure that goes very far once you've paid for your expenses like office space, staff, legal, etc.

I'm sure they had private funding too but $500K only buys you 2,000BTC at it's peak.

If this post was useful, interesting or entertaining, then you've misunderstood.
donkeybozo
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May 03, 2013, 02:04:32 AM
 #9

Now I know why someone at GOX stole my money today
lettucebee
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May 03, 2013, 02:25:53 AM
 #10

I can't log in to my MtGox account.  That place sucks.


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donkeybozo
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May 03, 2013, 02:30:18 AM
 #11

At least they only took small change from me. I'm sure others will get ripped hard.
candoo
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May 03, 2013, 02:31:48 AM
 #12

I can't log in to my MtGox account.  That place sucks.

Use this link https://mtgox.com/login

or try https://mtgox.com/trade

that works to log in and panic sell

Einer trage des andern Last, so werdet ihr das Gesetz Christi erfüllen.
BTC Books
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May 03, 2013, 02:38:35 AM
 #13

Why didn't CoinLab start their own US exchange instead of joining mtgox?
Coz they already have a huge existing customer base and it would take time and money to market a new one from scratch.
You think?   Mt Gox would drive people there with their crappy service.    A well funded US exchange would do well with just press releases of the capital behind them.

Isn't it pretty to think so?  (Thank you, Ernest)

And yet CampBX hasn't ever taken off - they're well-funded, secure, and even do shorts and margin trading.  Why?

Dankedan: price seems low, time to sell I think...
dave111223
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May 03, 2013, 02:39:06 AM
 #14

Mtgox is working fine for me (able to login no problem)
Minor Miner
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May 03, 2013, 02:53:36 AM
 #15

Why didn't CoinLab start their own US exchange instead of joining mtgox?
Coz they already have a huge existing customer base and it would take time and money to market a new one from scratch.
You think?   Mt Gox would drive people there with their crappy service.    A well funded US exchange would do well with just press releases of the capital behind them.
Isn't it pretty to think so?  (Thank you, Ernest)
And yet CampBX hasn't ever taken off - they're well-funded, secure, and even do shorts and margin trading.  Why?
try to open and fund an account with them and you will know why.   NOT with BTC.   fund with USD.
then get back to me on why you think they are failing.   

BTC Books
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May 03, 2013, 03:00:45 AM
 #16

Why didn't CoinLab start their own US exchange instead of joining mtgox?
Coz they already have a huge existing customer base and it would take time and money to market a new one from scratch.
You think?   Mt Gox would drive people there with their crappy service.    A well funded US exchange would do well with just press releases of the capital behind them.
Isn't it pretty to think so?  (Thank you, Ernest)
And yet CampBX hasn't ever taken off - they're well-funded, secure, and even do shorts and margin trading.  Why?
try to open and fund an account with them and you will know why.   NOT with BTC.   fund with USD.
then get back to me on why you think they are failing.   

Ahh.  Thanks - I haven't ever funded anything with USD, only BTC.  I'll keep it in mind.

Dankedan: price seems low, time to sell I think...
Minor Miner
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May 03, 2013, 03:05:57 AM
 #17

Ahh.  Thanks - I haven't ever funded anything with USD, only BTC.  I'll keep it in mind.
just go to your campbx account and read how you would fund it.    and then put yourself in the shoes of someone that has read about bitcoin, believes a little and wants to invest in it.   Read the page.    Mickey mouse is being polite.    Personally, any broker that does not accept wire transfer but suggests I go to my local post office and buy a 2,000 usd money order and mail it in is really not somewhere I am going to put money.
I might as well send it to a 24 year old named roman who is not smart enough to see why a money center bank would be concerned about small amounts of money being deposited by individuals all over the world and when compliance calls this "business" it rings on the cellphone of an arrogant 24 year old.   

franky1
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May 03, 2013, 03:22:35 AM
 #18

the next question is, will the guys behind mtgox turn up to hand over $75mill. or retire in a non extradition country

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
repentance
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May 03, 2013, 04:03:03 AM
 #19

the next question is, will the guys behind mtgox turn up to hand over $75mill. or retire in a non extradition country

I doubt MtGox has anything like 75 million in assets.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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May 03, 2013, 04:04:02 AM
 #20

I doubt MtGox has anything like 75 million in assets.

He does hold a few hundred million in hopes and dreams though.

If this post was useful, interesting or entertaining, then you've misunderstood.
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