Gox & Karpeles still blaiming bitcoin protocol -> price crashing

[gollum]

The MtGox CEO Mark Karpeles is still blaiming the bitcoin protocol...

The ongoing exodus from Mt.Gox - a major Bitcoin exchange - amid withdrawal halts, has seen a massive $150 spread open up between it and other exchanges. Having tumbled by over 50% in the last 2 weeks, Mt. Gox pricing is back at levels first seen 3 months ago. This chaos (and the ongoing 'finger-pointing' over who is to blame) had led Mt.Gox CEO Mark Karpeles to come out swinging in the following interview...

Forbes: Is there anything the Bitcoin Foundation can do to help solve this problem?
Karpeles: The Bitcoin Foundation has hired Bitcoin Developers for the purpose of promoting Bitcoin use. I guess the most puzzling part is why this issue hasn’t be[en] solved since 2011.

http://www.zerohedge.com/news/2014-02-13/bitcoin-crumbles-3-month-lows-mtgox-ceo-defends-exchange


http://www.reddit.com/r/Bitcoin/comments/1xlgor/the_wolf_of_bitcoin_street_film_poster/

[descarte]

karpeles can't put all the blame of the protocol but the protocol has a part to play as well. Its part of the growth that bitcoin needed just like how we grow into an adult. You fall and you get up. Its life.

[gollum]

Except the technical problem, we don't know how they have handled client funds.

It is possible they sold coins they didn't have to clients, which was ok as long as most clients didn't withdraw the BTC out of their accounts.
This could be a "bank run" on MtGox but they wont admit it.

[Gabi]

Bitcoin is decentralized, there is NO leader, that's why bitcoin exist.

They have no one to blame, they can very well start modifying the protocol, the software, whatelse if they want. They didn't? Well that was their choice, but now they should face the conseguences of their choices and not blaming the protocol.

[fonzie]

Bitcoin is decentralized, there is NO leader, that's why bitcoin exist.

They have no one to blame, they can very well start modifying the protocol, the software, whatelse if they want. They didn't? Well that was their choice, but now they should face the conseguences of their choices and not blaming the protocol.

or Mark Karpeles

[Hyena]

Let's blame Satoshi Nakamoto for this! Let's give that bastard to the court! I bet this backdoor was specifically planted by Satoshi himself so that he could exploit it later and steal coins.

[Cluster2k]

I wonder what our Chinese friends are thinking of bitcoin's price today, seeing as many piled in when it was hovering around $1000.  Indeed, it was the Chinese who were widely seen as the reason for the rising price.  Must be pretty painful to be sitting on a 40% loss within 3 months.

[Holliday]

Mark is penning Gox's obituary.

[bitcon]

I wonder what our Chinese friends are thinking of bitcoin's price today, seeing as many piled in when it was hovering around $1000.  Indeed, it was the Chinese who were widely seen as the reason for the rising price.  Must be pretty painful to be sitting on a 40% loss within 3 months.

i thought china got out when they made it "illegal"

[Dalmar]

/tinfoil hat

[Equus]

I'm confused.  Why are there so many references to Judaism in the history above?

[Rawted]

I am guessing he is referring to the financial stereotype Jewish people are often portrayed as being. He is either calling Mark a penny pincher, or part of the NWO - not sure which.

[Dalmar]

I am guessing he is referring to the financial stereotype Jewish people are often portrayed as being. He is either calling Mark a penny pincher, or part of the NWO - not sure which.

Didn't create that image, just stumbled upon it. 

[cAPSLOCK]

That is anti semitic BS. 

Seriously.

We don't need BS or racism to paint an unflattering picture of this idiot or his terrible company.  There is plenty of good hard REAL evidence against him to make this mistake.

It makes people on the right(eous) side of this argument look bad by association.