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Author Topic: MtGox wallets with thousands of BTC inside  (Read 200 times)
JollyGood
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June 10, 2018, 03:26:53 PM
 #21

I agree they should just give it back to their owners or sell them, it was due to them that the price of bitcoin started to fall from ATH, and as far as the news goes, they will be releasing the bitcoin they have up until september, so there is still a chance that the value now will still go down, hopefully they just give it back or release the bitcoins they have as soon as possible, since the market that we are seeing now is somewhat being manipulated bu Mt.gox, once it goes up, they sell their bitcoins at a higher price, and the value afterwards will drop.

The lawsuit should have taken care of that and presented the victims with some return on their investment. Nobody has provided clarity about who is inj control of those wallets.

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YuTü.Co.in
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June 10, 2018, 05:04:06 PM
 #22

I agree they should just give it back to their owners or sell them, it was due to them that the price of bitcoin started to fall from ATH, and as far as the news goes, they will be releasing the bitcoin they have up until september, so there is still a chance that the value now will still go down, hopefully they just give it back or release the bitcoins they have as soon as possible, since the market that we are seeing now is somewhat being manipulated bu Mt.gox, once it goes up, they sell their bitcoins at a higher price, and the value afterwards will drop.

The lawsuit should have taken care of that and presented the victims with some return on their investment. Nobody has provided clarity about who is inj control of those wallets.

Rest assured that those in control of Mt Gox's money is looking out for the best interest of victims.


"Then we sold the bitcoins at the highest exchange rate as possible but only rewarded select victims at the lowest exchange rate as possible, pocketing the difference to augment our 33% fee. I love this fuckin crypto space. WAIT! WAIT! WAIT! There's more. We kept all the bitcoins created from the forks."





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JollyGood
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June 10, 2018, 05:13:03 PM
 #23

 Shocked

BTCWise
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June 10, 2018, 05:22:15 PM
 #24

Wow! Now those are some very nice looking wallets. I doubt they can confiscate those Bitcoins if they don't have access to the wallets. The only way they can confiscate it would be by getting the passwords / private keys from the people controlling those wallets. I just need 1% of the Bitcoins in those wallets. Would be set for life Grin

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JollyGood
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June 10, 2018, 05:24:07 PM
 #25

Wow! Now those are some very nice looking wallets. I doubt they can confiscate those Bitcoins if they don't have access to the wallets. The only way they can confiscate it would be by getting the passwords / private keys from the people controlling those wallets. I just need 1% of the Bitcoins in those wallets. Would be set for life Grin

Who do you think has control of those MtGox wallets?

1% of those wallets would make many people set for life  Tongue

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June 10, 2018, 05:37:37 PM
 #26

If they belong to MT GOX than the MT GOX trustee has access to those Bitcoins. If you don't know than they are being auctioned off slowly on exchanges for some time now. And its likely that the markets entered the bear phase due to that selling pressure. There are still thousands of bitcoins with the MT GOX trustee.

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June 10, 2018, 06:52:41 PM
 #27

If they belong to MT GOX than the MT GOX trustee has access to those Bitcoins. If you don't know than they are being auctioned off slowly on exchanges for some time now. And its likely that the markets entered the bear phase due to that selling pressure. There are still thousands of bitcoins with the MT GOX trustee.

Mt Gox Trustee: We have good news and bad news. The good news is that we sold off all the bitcoins at the best exchange rate as possible, putting the fiat in a bank. The bad news is that the secret Asian bank was robbed.





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JollyGood
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June 10, 2018, 08:10:21 PM
 #28

If they belong to MT GOX than the MT GOX trustee has access to those Bitcoins. If you don't know than they are being auctioned off slowly on exchanges for some time now. And its likely that the markets entered the bear phase due to that selling pressure. There are still thousands of bitcoins with the MT GOX trustee.

Well if the Trustees sell when the price is high then it makes sense but BTC hit $20,000 recently yet the MtGox wallets remain untouched?

Who are the Trustees?

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June 10, 2018, 09:34:48 PM
 #29

I hope MtGox will just send the btc back to the owners and not sell them. Everytime they sell, it hurts the market pretty bad. They were offered to not sell it in exchanges so that the market wont be affected but still they continued dumping their coins in huge batches. I think they're gonna continue dumping as soon as btc recovers from the huge fall so they can get a better price for the btc.

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JollyGood
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June 11, 2018, 12:43:57 PM
 #30

I hope MtGox will just send the btc back to the owners and not sell them. Everytime they sell, it hurts the market pretty bad. They were offered to not sell it in exchanges so that the market wont be affected but still they continued dumping their coins in huge batches. I think they're gonna continue dumping as soon as btc recovers from the huge fall so they can get a better price for the btc.

MtGox is finished, it was involved in a huge scam and has been stripped of its assets. Just the wallets associated with MtGox are up for questioning because nobody is stating who is controlling them.

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July 11, 2018, 09:02:58 AM
 #31

What is MtGox and how do you know it has a lot of money in it?
JollyGood
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July 11, 2018, 05:24:01 PM
 #32

What is MtGox and how do you know it has a lot of money in it?

Long story... (bing.com)

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July 11, 2018, 05:32:28 PM
 #33

Yeah, I have read an article about it. It said that the leader of this exchange was involved in great scam(he has a lot of problems now). And somebody mentioned about movement in the wallets.
It's quite interesting thought, that after scamming there is no owner of the wallets, but I don't believe in that.
 
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July 11, 2018, 05:36:10 PM
 #34

The government in charge of this did a complete disaster a job handling this situation. Like you said, they should have just given the coins back to the owners in a 1:1 ratio, but what they did is hire some guy to dump the coins in exchanges to pay the owners of the coins in fiat, and in the price that they were at when the crash happened! unbelievable.

It looks like they finally were struck with some sanity and not (correct me if im wrong please) apparently creditors will receive the rest of the coins in a BTC transaction? That's what I heard last time, that they were going to stop selling finally.
JollyGood
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July 12, 2018, 12:06:26 AM
 #35

Yeah, I have read an article about it. It said that the leader of this exchange was involved in great scam(he has a lot of problems now). And somebody mentioned about movement in the wallets.
It's quite interesting thought, that after scamming there is no owner of the wallets, but I don't believe in that.
 

How is that possible. Someone must have the keys to those wallets, there are millions upon millions in Bitcoin there.

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July 14, 2018, 05:41:10 AM
 #36

Therefore, in general, the crypto currency market will completely collapse, when bitcoin will again discount.
JollyGood
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July 14, 2018, 09:12:39 AM
 #37

Therefore, in general, the crypto currency market will completely collapse, when bitcoin will again discount.

Why do you say that?

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July 14, 2018, 09:37:45 AM
 #38

They scammed people and now they selling to lower price and bring more people down all that while being Rich, where is karma ? Where is justice ?
JollyGood
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July 14, 2018, 10:34:06 AM
 #39

They scammed people and now they selling to lower price and bring more people down all that while being Rich, where is karma ? Where is justice ?

How can they be selling they have been shut down and their assets confiscated? The wallets seem to be in the control of some person/people other than the law enforcers because the Bitcoin balances are still there. Had the wallets been in control of the law enforcers then they would have sold the Bitcoins to recover losses and partially re-imburse investors.

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