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Question: Do you currently have money in Mt Gox?
Yes - 76 (33.3%)
No - 152 (66.7%)
Total Voters: 228

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Author Topic: (Poll) Do you have money in Mt Gox?  (Read 2686 times)
Arcas
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February 16, 2014, 07:23:55 PM
 #21

Campbx master race reporting.

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1534425298
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February 16, 2014, 07:25:49 PM
 #22

Is it possible for bitcoin at gox to go to $0?

This sucks for those with funds at gox!  Sad

no, because one penny would be able to buy infinity at 0.0000000.


Be humble!
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February 16, 2014, 07:29:25 PM
 #23

Last time I checked, there were a slew of exchanges that have already shut down and outright stole bitcoins that have better reputation than you guys give gox.

The fact that well over half the users of Gox polled say they can't get money out is only one point but it's much more then enough:

http://www.coindesk.com/mt-gox-users-awaiting-funds-survey-reveals/



                                                                               
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February 16, 2014, 07:30:59 PM
 #24

Is it possible for bitcoin at gox to go to $0?

This sucks for those with funds at gox!  Sad

no, because one penny would be able to buy infinity at 0.0000000.



Hmmm ok.

So I'm a bit confused what's going on here?

I'm assuming the gox market is saying gox is insolvent?

Do we know how many bitcoins gox has and how many they actually have?
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February 16, 2014, 07:34:37 PM
 #25

You don't. No one can really say what's going on at Gox besides karpeles and his cronies.  The market is losing faith in Gox, and the lack of arbitrage opportunities only exacerbates the spread between Gox and other exchanges.
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February 16, 2014, 07:37:38 PM
 #26

NO.
I've used every exchange available for my area except MTGox.
I have an account though, but luckily never used it.
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February 16, 2014, 07:38:41 PM
 #27

You don't. No one can really say what's going on at Gox besides karpeles and his cronies.  The market is losing faith in Gox, and the lack of arbitrage opportunities only exacerbates the spread between Gox and other exchanges.

So Gox turned into a ponzi, by selling bitcoins they didnt have?

Therefore we can assume gox is insolvent?
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February 16, 2014, 09:00:47 PM
 #28

No. There is no proof that Gox is selling BTC it doesn't have, yet.  People assume that they are insolvent, but as I said before, only karpeles and his cronies know for sure.

The truth is no one knows, but the market is acting on pure assumption at this point due to a lack of communication from Gox.
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February 16, 2014, 09:03:47 PM
 #29

If gox sold BTC they didn't have, to keep the price down when they couldn't pay USD,

they can easily buy back even more BTC than they sold now that the price has tanked since they can't pay BTC.

If Mark and his cronies want to, and haven't acted ENTIRELY irrational, there is no reason to believe that they can't pay back BTC, since this process can repeat as long as need be. The only conceivable end will come AFTER gox opens withdraws, if everybody (wisely) leaves the exchange and nobody comes back.

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February 16, 2014, 09:12:27 PM
 #30

I have 6-7 dollars because I was testing

Qt Bitcoin Trader
http://sourceforge.net/projects/bitcointrader/

and some some analysis from
TSSB
http://www.tssbsoftware.com/

but to be very honest it was 2-3 months ago... and since then I did not have connected to gox ...

 

http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
theonewhowaskazu
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February 16, 2014, 09:12:59 PM
 #31

I have 0.06 BTC left over.

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February 16, 2014, 09:28:13 PM
 #32

Hi all. Been Lurking a while but just signed up for first post. Kiss

 If you had money in GOX, surely you'd buy cheap coins? This whole things a gamble right? It's just a further gamble whether GOX springs back or takes the lot. There probably wont be another chance to buy coins this cheap.

 Personally I would rather have nothing in GOX but I had a couple of hundred GBP in so have bought some cheap coin. Whether I will see those coins again is anyones guess, But I'm not going to just watch these cheap coins selling.

 In for a penny.....
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February 16, 2014, 09:35:59 PM
 #33

They turned me down  at GOX for my id being to low quality, thankfully.
I will stick with purchases  coinbase and trade occasionally  at localbitcoin then store my savings in a wallet at blockchain cant complain so far.
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February 16, 2014, 09:42:22 PM
 #34

Hi all. Been Lurking a while but just signed up for first post. Kiss

 If you had money in GOX, surely you'd buy cheap coins? This whole things a gamble right? It's just a further gamble whether GOX springs back or takes the lot. There probably wont be another chance to buy coins this cheap.

 Personally I would rather have nothing in GOX but I had a couple of hundred GBP in so have bought some cheap coin. Whether I will see those coins again is anyones guess, But I'm not going to just watch these cheap coins selling.

 In for a penny.....




http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
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February 16, 2014, 09:48:29 PM
 #35

No. There is no proof that Gox is selling BTC it doesn't have, yet.  People assume that they are insolvent, but as I said before, only karpeles and his cronies know for sure.

The truth is no one knows, but the market is acting on pure assumption at this point due to a lack of communication from Gox.

What does gox achieve by not allowing withdrawals?

Conspiracy to drive down the price?

Although, Karpeles looks like a complete moron, so my bet is, he has lost the money, screwed everyone over and is now destroying gox.

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February 16, 2014, 09:51:00 PM
 #36

No. There is no proof that Gox is selling BTC it doesn't have, yet.  People assume that they are insolvent, but as I said before, only karpeles and his cronies know for sure.

The truth is no one knows, but the market is acting on pure assumption at this point due to a lack of communication from Gox.

What does gox achieve by not allowing withdrawals?

Conspiracy to drive down the price?

Although, Karpeles looks like a complete moron, so my bet is, he has lost the money, screwed everyone over and is now destroying gox.



Because they haven't fixed the transaction duplication problem.
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February 16, 2014, 10:34:23 PM
 #37

No. There is no proof that Gox is selling BTC it doesn't have, yet.  People assume that they are insolvent, but as I said before, only karpeles and his cronies know for sure.

The truth is no one knows, but the market is acting on pure assumption at this point due to a lack of communication from Gox.

What does gox achieve by not allowing withdrawals?

Conspiracy to drive down the price?

Although, Karpeles looks like a complete moron, so my bet is, he has lost the money, screwed everyone over and is now destroying gox.



Because they haven't fixed the transaction duplication problem.
If there is indeed such a problem. I don't believe they could be so incompetent as to have a known piece of the code shut them down for so long with no word on when things will be back in working order. It's a scam at this point.

There is no bubble.
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February 16, 2014, 11:22:59 PM
 #38

Just bought 0.2 Bitcoin for $57 on Gox!  Cheesy

                                                                               
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February 17, 2014, 01:50:37 AM
 #39

"No" for me.
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February 17, 2014, 02:06:18 AM
 #40

No. There is no proof that Gox is selling BTC it doesn't have, yet.  People assume that they are insolvent, but as I said before, only karpeles and his cronies know for sure.

The truth is no one knows, but the market is acting on pure assumption at this point due to a lack of communication from Gox.

What does gox achieve by not allowing withdrawals?

Conspiracy to drive down the price?

Although, Karpeles looks like a complete moron, so my bet is, he has lost the money, screwed everyone over and is now destroying gox.



Because they haven't fixed the transaction duplication problem.
If there is indeed such a problem. I don't believe they could be so incompetent as to have a known piece of the code shut them down for so long with no word on when things will be back in working order. It's a scam at this point.

I think they are definitely that incompetent.  Gox always handles things in the most stupid way imaginable.  


That said, whether they can survive this or not is uncertain; then again it was uncertain they'd survive the hack and trade rollback back in 2011. 
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