If you have USD in Gox, you're lucky

[GigaCoin]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

[theonewhowaskazu]

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

Lol I was wondering where all the frapuccino references were coming from.

[MatTheCat]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Do you reckon that it is Gox themselves who are buying up all the ultra cheap Gox Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

If I was a fucking dirty low life toad crooked little rat like Karpeles, that is what I would be doing right now.

Gox may 'survive' but only in the same way that a down and out glue sniffing proven kiddy-fiddling tramp living on the street 'survives'. Nobody with any sense in their head will want to have much to do with Gox if they can help it.

[Holliday]

Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

I think if they were arbitraging the exchange rates would be closer together.

[MatTheCat]

Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

I think if they were arbitraging the exchange rates would be closer together.

They may not be doing it yet. It was just last night that Gox hit $302 before a huge buy-in wave spiked it back up to $400.

GoxBTC were for a long time worth way above the market rate cos the only way to get funds out of Gox, was via Bitcoin, thus the price was bid up. Now Karpeles is saying that you can't get BTC out, but you can get Fiat. Now the only way to get funds out of an exchange which seems to be crashing and burning is to sell Bitcoin and convert to fiat. Thus the price is being driven down. One may go further and say that the price is being driven down by Karpeles's withdrawal policy.

[pietje]

Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

I think if they were arbitraging the exchange rates would be closer together.

They may not be doing it yet. It was just last night that Gox hit $302 before a huge buy-in wave spiked it back up to $400.

Thats a way to make up for the stolen coins

[superduh]

whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.

[pietje]

whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.

Whoever has coins or cash in gox should hate themselves..
And what do you think of the ppl who sold at 100 at btc-e after the price rushed back to 600?

[MatTheCat]

whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.

Ah shut the fuck up....u seen fuck all coming, never have and never will.

you will keep opening your mouth and letting a big load of bull-tard diarrhea spill out though.......and sometimes, it might just happen to make a pretty pattern on your shirt giving you the chance to say you 'knew it all along'.

[Chalkbot]

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

Link to video please!

[fonzie]

The level of retardness and delusion is damn high at the moment. I have already seen posts from 4 different people who are sending money to Gox right now,
or would consider em damn lucky if they had their stash on there. I really don´t know what to think of that?
Are you guys serious?

[Holliday]

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

Link to video please!

https://www.youtube.com/watch?v=ob9Ak1t09Ao

[MatTheCat]

The level of retardness and delusion is damn high at the moment. I have already seen posts from 4 different people who are sending money to Gox right now,
or would consider em damn lucky if they had their stash on there. I really don´t know what to think of that?
Are you guys serious?

Holy shit! LOL! 

KARHU WILL BE PLEASED!

[jatajuta]

I have money on Gox, I bought a lot of coins near 340.

Im trading btc since 2011, all my money is pure profit, I can afford to risk something to be exposed to one of the best buying opportunities in years.

Besides that, if you have a stop loss to protect your position you can always sell and withdraw cash, the transfer takes a while but it works.

Also, all this conspiracy bullshit is really the dumbest thing on earth, MtGox receives 0.5% of each trade 24/7, only today they received 120.000 USD on fees, only through the USD market.

They are alive and well, what you see is just bad managment and a huge growth rate for the company.

Can somebody say something about TradeHill, Bitcoinica, BitMarket, BitFloor, 50BTC and other exchanges that failed? MtGox was there and will be in the future...
  

[pietje]

I have money on Gox, I bought a lot of coins near 340.

Im trading btc since 2011, all my money is pure profit, I can afford to risk something to be exposed to one of the best buying opportunities in years.

Besides that, if you have a stop loss to protect your position you can always sell and withdraw cash, the transfer takes a while but it works.

Also, all this conspiracy bullshit is really the dumbest thing on earth, MtGox receives 0.5% of each trade 24/7, only today they received 120.000 USD on fees, only through the USD market.

They are alive and well, what you see is just bad managment and a huge growth rate for the company.

Can somebody say something about TradeHill, Bitcoinica, BitMarket, BitFloor, 50BTC and other exchanges that failed? MtGox was there and will be in the future...
  

Last time there where like 70000 btc stuck in withdrawals. Lets say there are double of that at gox (i think even way more) and they indeed lost those btc it would require around 100mil USD for them to buy those back at current stamp rate. They do have alot of fees now, but at normal days they dont.

[jatajuta]

I have money on Gox, I bought a lot of coins near 340.

Im trading btc since 2011, all my money is pure profit, I can afford to risk something to be exposed to one of the best buying opportunities in years.

Besides that, if you have a stop loss to protect your position you can always sell and withdraw cash, the transfer takes a while but it works.

Also, all this conspiracy bullshit is really the dumbest thing on earth, MtGox receives 0.5% of each trade 24/7, only today they received 120.000 USD on fees, only through the USD market.

They are alive and well, what you see is just bad managment and a huge growth rate for the company.

Can somebody say something about TradeHill, Bitcoinica, BitMarket, BitFloor, 50BTC and other exchanges that failed? MtGox was there and will be in the future...
  

Last time there where like 70000 btc stuck in withdrawals. Lets say there are double of that at gox (i think even way more) and they indeed lost those btc it would require around 100mil USD for them to buy those back at current stamp rate. They do have alot of fees now, but at normal days they dont.

Okay, and where is the information that they lost any coin?

[T.Stuart]

Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

I think if they were arbitraging the exchange rates would be closer together.

They may not be doing it yet. It was just last night that Gox hit $302 before a huge buy-in wave spiked it back up to $400.

GoxBTC were for a long time worth way above the market rate cos the only way to get funds out of Gox, was via Bitcoin, thus the price was bid up. Now Karpeles is saying that you can't get BTC out, but you can get Fiat. Now the only way to get funds out of an exchange which seems to be crashing and burning is to sell Bitcoin and convert to fiat. Thus the price is being driven down. One may go further and say that the price is being driven down by Karpeles's withdrawal policy.

Ahem  

I don't have first-hand experience but after all these months have fiat withdrawals really resumed?

By far the best thing to do is to buy cheap Bitcoins on Gox and wait. Then there are two possible outcomes:

1. When Bitcoin withdrawals are open again, take them out.

2. When Gox goes bust, join all the other poor buggers claiming your property back. The fact that it is Bitcoin or dollars missing won't make much difference to the process IMO. The only difference is that you will be able to sue for more if you have Bitcoin as Bitcoin will go up in value compared to dollars. (Not saying you are guaranteed to get anything back at all in this scenario of course).

[BitApparel]

Can't you just deposit TO MTGOX?

[T.Stuart]

Can't you just deposit TO MTGOX?

I think Mark Karpeles has arranged for that part of the business to run quite smoothly.

[MatTheCat]

Can't you just deposit TO MTGOX?

I think Mark Karpeles has arranged for that part of the business to run quite smoothly.

Tee Hee.

Good old Mark. At least it get's it right some of the time.

[Oldminer]

Now Karpeles is saying that you can't get BTC out, but you can get Fiat.

This is nothing but BS delay tactics.

I traded BTC for fiat which Im still waiting on 8 weeks later, and now their asking me to cancel my trade and convert back to BTC.

Karpels is nothing but a lying little worm.

[thelema93]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

finally someone who talks sense.. They will have the withdrawals fixed within a week or two i reckon. Then the BTC price will rocket again.

[Tzupy]

"
Dear Mt. Gox Customers,
"
"
In order to implement our solution to the “transaction malleability” issue being
faced by bitcoin exchanges and businesses, we are going to have a 6-hour
downtime on all bitcoin deposits and internal bitcoin transfers in addition to the
current pause on bitcoin withdrawals. Trading will otherwise still be open as
usual.
"
"
Maintenance Schedule (approximate):
"
"
6pm ~ 12am JST (February 15
th
)
"
"
The above downtime period is approximate: it may be shortened or lengthened
as required. Once the implementation is complete customers will again be able
to deposit bitcoin, but we will be doing extensive testing before bitcoin
withdrawals are reactivated. We will publish an update on the situation on
Monday .
"
"
BlockChain.info have implemented changes to address the malleability issue.
Our solution should work in the short term, while a longer-term solution is being
discussed with the Bitcoin Core Dev team and the Bitcoin Foundation. We are
also discussing this with other exchanges and businesses.
"
"
Thank you for your support during the maintenance, and we will update you on
the progress shortly.
"
"
Best regards,
"
"
MtGox Team

[alfabitcoin]

Monday update again, look familiar?

[TERA]

Ill have to admit the one good about gox is its still a brick and mortar business with real people and mark comes to work every day in the morning apparently. unlike btce and bitfinex which are run off of the moon.

[GigaCoin]

Ill have to admit the one good about gox is its still a brick and mortar business with real people and mark comes to work every day in the morning apparently. unlike btce and bitfinex which are run off of the moon.

Especially with btce there is always that lingering feeling that they're gonna run off at anytime.

[bitcon]

"
 we will be doing extensive testing before bitcoin
withdrawals are reactivated. We will publish an update on the situation on
Monday .
"

ie:  they're gonna be busy capitalizing on those arbitrage opportunities with all the cheap coins they bought

[MatTheCat]

Ill have to admit the one good about gox is its still a brick and mortar business with real people and mark comes to work every day in the morning apparently. unlike btce and bitfinex which are run off of the moon.

Are you trading on Bitfinex still?

I am aching for another Short Trade at this point, but I pulled my funds from bitfinex as I decided I didn't trust it/place was/is heaving with thieves. Did you have any bets, limit orders, stop losses placed during the Bitcoin to $10'000 or the Bitcoin to $100 'hack'? If so, what happened? I have read that a lot of people lost money on Bitifnex and are still waiting for support to make it good to them.

ie:  they're gonna be busy capitalizing on those arbitrage opportunities with all the cheap coins they bought

oooh, don't be like.....soooooo paranoid man, you are thinking like a fish......apparently:

That is a really stupid paranoid thought dude.. U are thinking like a fish.. He doesn't need to do that to earn money or whatever.. And even if mtgox lost btc he has thousand and weekly is earning Millions.. he can cover if he loses some btc.. which i think he didnt.. and going to sell "his" to bitstamp would be same than giving trading commisions to bitstamp.. This is by far the most stupid thought i've heard man.. And u should re-read the "arbitrage" concept.

[GigaCoin]

Tomorrow will be interesting

[RodeoX]

So trading will resume as normal except you will not have access to your bitcoins. That does not sound normal. 

[MAbtc]

Ill have to admit the one good about gox is its still a brick and mortar business with real people and mark comes to work every day in the morning apparently. unlike btce and bitfinex which are run off of the moon.

Are you trading on Bitfinex still?

I am aching for another Short Trade at this point, but I pulled my funds from bitfinex as I decided I didn't trust it/place was/is heaving with thieves. Did you have any bets, limit orders, stop losses placed during the Bitcoin to $10'000 or the Bitcoin to $100 'hack'? If so, what happened? I have read that a lot of people lost money on Bitifnex and are still waiting for support to make it good to them.

NEVER, EVER, EVER use stops on Bitfinex. A typical loss of access to Bitstamp liquidity (which happens extremely regularly) and you may find your position closed ± $100 where you thought you closed it.

That's right. Leverage trading without stops.......

Complain and Giancarlo will attempt to publicly humiliate you.

[GigaCoin]

Ill have to admit the one good about gox is its still a brick and mortar business with real people and mark comes to work every day in the morning apparently. unlike btce and bitfinex which are run off of the moon.

Are you trading on Bitfinex still?

I am aching for another Short Trade at this point, but I pulled my funds from bitfinex as I decided I didn't trust it/place was/is heaving with thieves. Did you have any bets, limit orders, stop losses placed during the Bitcoin to $10'000 or the Bitcoin to $100 'hack'? If so, what happened? I have read that a lot of people lost money on Bitifnex and are still waiting for support to make it good to them.

NEVER, EVER, EVER use stops on Bitfinex. A typical loss of access to Bitstamp liquidity (which happens extremely regularly) and you may find your position closed ± $100 where you thought you closed it.

That's right. Leverage trading without stops.......

Complain and Giancarlo will attempt to publicly humiliate you.

I've had problems with Bitfinex too, largely avoided them since a while despite the hype behind them.

[GigaCoin]

So trading will resume as normal except you will not have access to your bitcoins. That does not sound normal. 

Looks like Gox isn't implementing the fix today, price is now $145 the same price in April 2013 !! Bitstamp is holding well at $600

Unless they do a last minute fix at the end of the day (US time) and the prices will skyrocket on all exchanges. I'm still pretty confident that Gox will be back.

[nopedope89]

I believe that MtGox will soon come back. It's matter of time when it will happen. I am sure they are going to fix withdrawals and as it happen market situation will change.

[MatTheCat]

NEVER, EVER, EVER use stops on Bitfinex. A typical loss of access to Bitstamp liquidity (which happens extremely regularly) and you may find your position closed ± $100 where you thought you closed it.

That's right. Leverage trading without stops.......

Complain and Giancarlo will attempt to publicly humiliate you.

Yeah he did, but ya know what. As indignant as he acted towards me, I still think that Bitfinex is a fkn den of thieves.

I have seen some well dodgy shit occur on that exchange and after they took away ability to route only through Bitstamp, setting any kind of Stop Loss that actually would have served to limit losses, is running huge risk of having your arse farmed in counter trend noise by some farming bot, that may or may not have access to stop orders/limit orders list.

Also on Bitfinex is the shocking fact that everyone has the ability build up massive liar walls even when the user only has liquidity to cover 1% (or less) of those walls. With the assistance of a Bot, towering 1000 BTC walls can appear and disappear either side of the wall within an instant, even when the punk erecting and then vanishing them again only has 10BTC liquidity.

As tempting as Short Selling Bitcoin at the moment may seem, probably not worth running the gauntlet amongst all them thieves, whilst never being sure if the exchange operators aren't amongst them.

[oda.krell]

NEVER, EVER, EVER use stops on Bitfinex. A typical loss of access to Bitstamp liquidity (which happens extremely regularly) and you may find your position closed ± $100 where you thought you closed it.

That's right. Leverage trading without stops.......

Complain and Giancarlo will attempt to publicly humiliate you.

Yeah he did, but ya know what. As indignant as he acted towards me, I still think that Bitfinex is a fkn den of thieves.

I have seen some well dodgy shit occur on that exchange and after they took away ability to route only through Bitstamp, setting any kind of Stop Loss that actually would have served to limit losses, is running huge risk of having your arse farmed in counter trend noise by some farming bot, that may or may not have access to stop orders/limit orders list.

Also on Bitfinex is the shocking fact that everyone has the ability build up massive liar walls even when the user only has liquidity to cover 1% (or less) of those walls. With the assistance of a Bot, towering 1000 BTC walls can appear and disappear either side of the wall within an instant, even when the punk erecting and then vanishing them again only has 10BTC liquidity.

As tempting as Short Selling Bitcoin at the moment may seem, probably not worth running the gauntlet amongst all them thieves, whilst never being sure if the exchange operators aren't amongst them.

Talking about which...

Almost at new 6 month ATH of active BTC swaps, according to http://charts-bfxdata.rhcloud.com/bitfinexLiquidityBTC.php

Funny enough, the absolute ATH, end of July 2013, probably didn't work out so well for some traders, judging by how price didn't budge that much back then, and considering that you better got out of short position before the rally started 2 weeks later.

[BitCoinsLOL]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

BTC is 135.90 right now sure glad I din't listen to you LOLOL

[MatTheCat]

Funny enough, the absolute ATH, end of July 2013, probably didn't work out so well for some traders, judging by how price didn't budge that much back then, and considering that you better got out of short position before the rally started 2 weeks later.

Maybe I am just dumb, but how am I meant to tell what proportion of those BTC/USD swaps are for leveraged long trading and leveraged short trading?

Right now I am totally insensitive to pretty much any statistic except BTC/USD withdrawals being free flowing across all exchanges (includign Bitstamp where I have 30K USD), and the price rising up and establishing convincing support at higher prices. Until his happens, then I am listening to the little green pixie sitting on my shoulder who whispers dreams into my head, and he says yet more slaughter to come, best avoided by being 0% in Bitcoin for the time being.

[porcupine87]

I believe that MtGox will soon come back. It's matter of time when it will happen. I am sure they are going to fix withdrawals and as it happen market situation will change.

The price now does absolutely not reflect that. The majority or well-informed do not expect that or speculate, that it will take a few more days and then by back.

Because don't forget. Prices are the best forecasts you can make. The prices will rise before Gox announces the fix.

[oda.krell]

Funny enough, the absolute ATH, end of July 2013, probably didn't work out so well for some traders, judging by how price didn't budge that much back then, and considering that you better got out of short position before the rally started 2 weeks later.

Maybe I am just dumb, but how am I meant to tell what proportion of those BTC/USD swaps are for leveraged long trading and leveraged short trading?

Right now I am totally insensitive to pretty much any statistic except BTC/USD withdrawals being free flowing across all exchanges (includign Bitstamp where I have 30K USD), and the price rising up and establishing convincing support at higher prices. Until his happens, then I am listening to the little green pixie sitting on my shoulder who whispers dreams into my head, and he says yet more slaughter to come, best avoided by being 0% in Bitcoin for the time being.

I imagine the "total sum active BTC swaps" corresponds to shorts while the "total sum active USD swaps" (which you get to by selecting USD near the top of the page) corresponds to longs. Note that both are measured in USD.

Then again, I could be wrong. I only pretend to understand trading lingo.

[GeniuSxBoY]

Finally a positive mtgox thread.

The unwarranted hate speech is only necessary AFTER incidences are confirmed.


When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.

[anu]

Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

I think if they were arbitraging the exchange rates would be closer together.

When you don't have competition you can arb as you see fit.

[Obi-Wan Coinobi]

Finally a positive mtgox thread.

The unwarranted hate speech is only necessary AFTER incidences are confirmed.


When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.

That is one scenario, yes.

[Rygon]

Finally a positive mtgox thread.

The unwarranted hate speech is only necessary AFTER incidences are confirmed.


When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.

I don't think Pirate has been found guilty in a court yet, so does that mean it's a good idea to buy shares in the Bitcoin Savings & Trust for bargain basement prices?

[GeniuSxBoY]

Finally a positive mtgox thread.

The unwarranted hate speech is only necessary AFTER incidences are confirmed.


When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.

I don't think Pirate has been found guilty in a court yet, so does that mean it's a good idea to buy shares in the Bitcoin Savings & Trust for bargain basement prices?

Is the exchange still running?

[GigaCoin]

Finally a positive mtgox thread.

The unwarranted hate speech is only necessary AFTER incidences are confirmed.


When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.

+1

i think it will be one of the most amazing events ever witnessed in Bitcoin history, with a lot of people who took massive risk getting rich quick.

[boumalo]

whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.

maybe not that much today

[ibinsad]

Need to buy bitcoins from Gox not yet verified.. so can i buy from someone else in the forum at the same price +10% ?

[TotalPanda]

[wayneyoyo]

I hopes MTGOX gone out quickly so it wont disturb the price

And may be they are buying lots of bitcoin at the low price

[boumalo]

Need to buy bitcoins from Gox not yet verified.. so can i buy from someone else in the forum at the same price +10% ?

I doubt you can buy that low, you can buy goxbtc at a 60% discount here bitcoinbuilder.com

Or post a message here https://bitcointalk.org/index.php?topic=457723.40;topicseen or here https://bitcointalk.org/index.php?topic=455243.720;topicseen (bigger thread)

[V4Vendettas]

Well I'm all in. Loaded up slowly on coins as it fell from $400-$100. If Gox is dead what does it matter but if an ember of life still flickers then.




Its a gamble it's always a gamble. So yea yea I'm stupid for using Gox etc etc yawn heard it all 1000 times already.

PS. was going to photoshop Mark in place of the girl but then didn't because I had more important things to do like Dota2 or something.

[cypherdoc]

Yes, you are lucky.

You will never see prices like this ever in your lifetime again. If they don't close up shop, you are going to see an explosion.

Only now are many of us getting our ammunition into gox.

[yrtrnc]

Go spend your money on satoshi dice instead.

No sensible human being would gamble their money on mtgox right now.

Even your investment on bitcoin should be money you can afford to lose.

[V4Vendettas]

Go spend your money on satoshi dice instead.

No sensible human being would gamble their money on mtgox right now.

Even your investment on bitcoin should be money you can afford to lose.

Lol all that's left to do is gamble on Mtgox right now. Why because I cant be out of Gox if I wanted to. That is unless you lend me your crystal ball and or time machine.

Hats off to the balls of any actually going into gox with fiat right now hunting those cheap coins. Nice to not be alone and all but dam its a gamble I hope it pays off.

[cypherdoc]

Go spend your money on satoshi dice instead.

No sensible human being would gamble their money on mtgox right now.

Even your investment on bitcoin should be money you can afford to lose.

Lol all that's left to do is gamble on Mtgox right now. Why because I cant be out of Gox if I wanted to. That is unless you lend me your crystal ball and or time machine.

Hats off to the balls of any actually going into gox with fiat right now hunting those cheap coins. Nice to not be alone and all but dam its a gamble I hope it pays off.

The whole strategy of moving into dollars on gox has been concocted by lawyers. Do you honestly think you'll recover those dollars in a class action international lawsuit that will take years with anything left over after paying off those leaches? No offense but those guys often advise what's best for them to keep the business coming.

Hell no, you'd be way better off taking a flyer and buying the 90% discounted coins and cheering for gox to survive.

[Cyberdyne]

I basically got my money out months ago, but I decided to log in to Mt Gox today just to double check, and found I had $1 USD in there.

So I put an order in for a bitcent at the $95 level

[warpio]

I'm surprised that the value of Gox's imaginary bitcoins are still holding up this well.

If I had funds in Gox right now, I'd rather have it in imaginary fiat than imaginary coins, because at least the imaginary fiat is more likely to physically exist somewhere.

[cypherdoc]

I'm surprised that the value of Gox's imaginary bitcoins are still holding up this well.

If I had funds in Gox right now, I'd rather have it in imaginary fiat than imaginary coins, because at least the imaginary fiat is more likely to physically exist somewhere.

No, they're both digital.

[V4Vendettas]

@cypherdoc

I think you misunderstand my position. I was already locked into gox (bitcoinwise) and by that I mean they already had my money before the bitcoin withdraw lock down. When I said I was all in that was only half true. The other 50% its still dripping into my fiat bank account every 20 days or so becuase I had already asked for Sepa withdraws.

So yes I can get my money out in fiat ( received 5 Sepa deposits from Poland over the last 4 months so far) but I don't want just euros I want bitcoins to spend  and some to Hodl.

I know Gox is sucking ass at just about everything for just about everyone but for me well its not been so bad. I don't see why they would keep giving me my money every 20 days if they had no money to give.


Time will tell and basically we both know bugger all so lets watch this all unfold shall we.

[Bobsurplus]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Nobody will use gox even if they recover. The trust has been lost forever.

[hostmaster]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Agreed i start thinking positive on this matter.

[V4Vendettas]

Yep what else can we do. Aside from fly to Japan and physically shake the coins out of mark lol would be fun but no I'm just joking.
No point crying in our cornflakes about an outcome that has not yet happened.

[sgbett]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Nobody will use gox even if they recover. The trust has been lost forever.

Trust vs Discount.

Round 1 fight.

[Cyberdyne]

Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Nobody will use gox even if they recover. The trust has been lost forever.

I doubt that is true.

They'll continue to hook new people, who haven't even discovered bitcoin yet.