Bitcoin Forum
December 14, 2017, 09:01:12 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: IF MT GOX DIES THEN BITCOIN PROBABLY WILL TOO  (Read 3812 times)
dynodog
Member
**
Offline Offline

Activity: 97


View Profile
February 08, 2014, 05:27:47 AM
 #1

The massive holders of bitcoin are hopefully working something out w Mark K if there is something foul at gox.  If gox dies, almost no one will buy bitcoin going forward.  Who would have guessed that a young dude sitting on a blue ball would be the ruin of such a great idea?
1513242072
Hero Member
*
Offline Offline

Posts: 1513242072

View Profile Personal Message (Offline)

Ignore
1513242072
Reply with quote  #2

1513242072
Report to moderator
1513242072
Hero Member
*
Offline Offline

Posts: 1513242072

View Profile Personal Message (Offline)

Ignore
1513242072
Reply with quote  #2

1513242072
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513242072
Hero Member
*
Offline Offline

Posts: 1513242072

View Profile Personal Message (Offline)

Ignore
1513242072
Reply with quote  #2

1513242072
Report to moderator
chessnut
Legendary
*
Offline Offline

Activity: 896



View Profile
February 08, 2014, 05:32:31 AM
 #2

The massive holders of bitcoin are hopefully working something out w Mark K if there is something foul at gox.  If gox dies, almost no one will buy bitcoin going forward.  Who would have guessed that a young dude sitting on a blue ball would be the ruin of such a great idea?

Nah, the system is sound. one exchange cant bring it down. the top dogs are planning decentralised exchanges for the future.

plus, there is always local bitcoins.

TERA
Hero Member
*****
Offline Offline

Activity: 546



View Profile
February 08, 2014, 05:34:36 AM
 #3

troll thread
firstlast
Full Member
***
Offline Offline

Activity: 159



View Profile
February 08, 2014, 05:35:25 AM
 #4

IF MT GOX DIES THEN GOOD RIDDANCE.

LONG LIVE BITSTAMP!
Maged
Legendary
*
Offline Offline

Activity: 1260


View Profile
February 08, 2014, 05:36:55 AM
 #5

Yeah... No. Mt. Gox is already pretty insignificant, so bitcoin will do just fine with or without them.

BittBurger
Hero Member
*****
Offline Offline

Activity: 854


View Profile
February 08, 2014, 05:38:04 AM
 #6

The massive holders of bitcoin are hopefully working something out w Mark K if there is something foul at gox.  If gox dies, almost no one will buy bitcoin going forward.  Who would have guessed that a young dude sitting on a blue ball would be the ruin of such a great idea?

Spoken like a true 18 post guy.

-B-

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
shittyDraws
Jr. Member
*
Offline Offline

Activity: 36


View Profile
February 08, 2014, 05:38:49 AM
 #7

troll thread

Quoting for emphasis. Mt Gox handles a small volume of trades overall. There's plenty of other exchanges, some bigger, some smaller, all ready to take its place.
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2394


Irrational Exuberance


View Profile WWW
February 08, 2014, 05:44:59 AM
 #8

plus, there is always local bitcoins.

Trolling?

http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

BITSLER                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
dynodog
Member
**
Offline Offline

Activity: 97


View Profile
February 08, 2014, 06:00:38 AM
 #9

Guys, are you living in a fantasy world?  I own plenty of bitcoin - some on gox, some on bitstamp and mostly w coin base.  I'm not trolling.  Regardless of whether gox's volume is decreasing, the bottom line is that bitcoin is always in need of new people getting into it.  If you think that mt gox going under is going to be a blip on the radar, then you are truly delusional.  Imagine the thought process of a new possible bitcoin purchaser:  "yeah, let me wire some money to slovenia or bulgaria after gox goes under" - hell no.  Trust of the major exchanges is critical.  If gox is a fraud, then this will be a huge crushing blow to bitcoin.  The fact that there are other exchanges doesn't mean s**t to the public. even though the underlying protocol is still sound, this is all about trust and faith - the very backbone of bitcoin.  bc without trust and faith behind bitcoin, there is nothing.   The vast majority of people thinking about buying bit coin will not do so if gox ends up being a fraud.  not everything written here that is negative about bit coin is trolling. 
bassclef
Hero Member
*****
Offline Offline

Activity: 910



View Profile
February 08, 2014, 06:20:45 AM
 #10

Guys, are you living in a fantasy world?  I own plenty of bitcoin - some on gox, some on bitstamp and mostly w coin base.  I'm not trolling.  Regardless of whether gox's volume is decreasing, the bottom line is that bitcoin is always in need of new people getting into it.  If you think that mt gox going under is going to be a blip on the radar, then you are truly delusional.  Imagine the thought process of a new possible bitcoin purchaser:  "yeah, let me wire some money to slovenia or bulgaria after gox goes under" - hell no.  Trust of the major exchanges is critical.  If gox is a fraud, then this will be a huge crushing blow to bitcoin.  The fact that there are other exchanges doesn't mean s**t to the public. even though the underlying protocol is still sound, this is all about trust and faith - the very backbone of bitcoin.  bc without trust and faith behind bitcoin, there is nothing.   The vast majority of people thinking about buying bit coin will not do so if gox ends up being a fraud.  not everything written here that is negative about bit coin is trolling. 

Yes but we've seen much worse and lived to tell the tale. There are plenty of other exchanges that are trustworthy. Get your cheap coins now if you want them.
Rawted
Hero Member
*****
Offline Offline

Activity: 714



View Profile
February 08, 2014, 06:36:04 AM
 #11

Gox has been dead to anyone with a brain since April 2013.

Elwar
Legendary
*
Offline Offline

Activity: 2310


www.bitpools.com


View Profile WWW
February 08, 2014, 06:47:58 AM
 #12

I own plenty of bitcoin - some on gox 

OP fail

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
seriouscoin
Hero Member
*****
Offline Offline

Activity: 658


View Profile
February 08, 2014, 06:56:09 AM
 #13

The massive holders of bitcoin are hopefully working something out w Mark K if there is something foul at gox.  If gox dies, almost no one will buy bitcoin going forward.  Who would have guessed that a young dude sitting on a blue ball would be the ruin of such a great idea?

Stupid noobs come here to spread FUD  Roll Eyes How original.

Stop opening your mouth for a month and READ you idiot.
indiemax
Hero Member
*****
Offline Offline

Activity: 720


View Profile
February 08, 2014, 07:54:58 AM
 #14

I own plenty of bitcoin - some on gox 

OP fail

Yup,the real story is he's craping his pants over his GOX bitcoins

The fate of all the coins in GOX,unfortunately now has nothing to do with the depositors,you'll get a FUD  update from them on Monday,do you really trust what they say now anyway?

Sorry OP,accept they gone,or if you think a legal move would help you ,else move on
thelema93
Full Member
***
Offline Offline

Activity: 238


View Profile
February 08, 2014, 08:23:07 AM
 #15

Gox is NOT dying - what the hell is wrong with you people?

A temporary technical problem - that will be fixed on MONDAY.

You people need to smoke some hodl or something.
disclaimer201
Legendary
*
Offline Offline

Activity: 1442


View Profile
February 08, 2014, 08:34:22 AM
 #16

Gox is irrelevant right now as noone gets money in or out. troll thread
JimboToronto
Legendary
*
Online Online

Activity: 1666



View Profile
February 08, 2014, 08:45:46 AM
 #17

Yeah... No. Mt. Gox is already pretty insignificant, so bitcoin will do just fine with or without them.

Ahhh. The voice of reason.

Perhaps you as a global moderator can see the need for a tightening of the rules allowing clueless noobs to start troll threads.

Would a higher minimum activity rating help?
jake23l
Newbie
*
Offline Offline

Activity: 13


View Profile
February 08, 2014, 09:12:55 AM
 #18

Guys, are you living in a fantasy world?  I own plenty of bitcoin - some on gox, some on bitstamp and mostly w coin base.  I'm not trolling.  Regardless of whether gox's volume is decreasing, the bottom line is that bitcoin is always in need of new people getting into it.  If you think that mt gox going under is going to be a blip on the radar, then you are truly delusional.  Imagine the thought process of a new possible bitcoin purchaser:  "yeah, let me wire some money to slovenia or bulgaria after gox goes under" - hell no.  Trust of the major exchanges is critical.  If gox is a fraud, then this will be a huge crushing blow to bitcoin.  The fact that there are other exchanges doesn't mean s**t to the public. even though the underlying protocol is still sound, this is all about trust and faith - the very backbone of bitcoin.  bc without trust and faith behind bitcoin, there is nothing.   The vast majority of people thinking about buying bit coin will not do so if gox ends up being a fraud.  not everything written here that is negative about bit coin is trolling. 

This is exactly why I always point new folks to coinbase...simple and familiar to Americans. The majority of the public doesn't know or understand how to use the other exchanges.  I really have very little concern for what happens to Gox for the new guys.
phoenix1
Hero Member
*****
Offline Offline

Activity: 798



View Profile
February 08, 2014, 10:38:20 AM
 #19

If Gox goes under it will be the best thing for BTC in the long run. Yes, bad in the short term and I do feel for those that ignored the red flags or were too green to see them, but the situation has gone on for too long and needs to be resolved one way or the other.
It is an opportunity for the community to take control from the inside and clean up it's own house. BTC will survive whatever happens, but the more proactive the community is in this the better it looks to the regulators.
At the moment their continued existence in this state is a major PR embarrassment ...

On the other hand there may yet be other unknown factors at play here that they are unable to disclose (still working with the authorities on SR related accounts for example), in which case, we may be being sabotaged from the outside if they have Gox by the balls ... just a thought ... IDK, and I am not trying to spread FUD


"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
ozkraut
Sr. Member
****
Offline Offline

Activity: 460


View Profile
February 08, 2014, 10:55:33 AM
 #20

Gox smocks ts ts. See ya. The crypto idea is too big to be brought down by someplace that has only had the past as claim to fame.  "too big to fail" ring any bells ? Crypto actually is. With no need for bailout. It has a chance to restore our financial sovereignty or at least put up a good fight. The first thing of hope I have seen in many years of despair about where we are heading ie into debt slavery.

That being said: Sorry if anybody will loose funds. Likely, but eternal vigilance is not only the price of freedom. Don't have too much sitting around at arms length.


Monero - money for organical thinkers
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!