Bitcoin Forum
December 15, 2017, 06:50:58 PM *
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: Discuss: Do you think Gox is intentionally trying to damage BTC?  (Read 8081 times)
hellscabane
Legendary
*
Offline Offline

Activity: 896



View Profile
February 21, 2014, 06:57:11 PM
 #21

There is no doubt in my mind that Mt. Gox has had a clear track record of negligence. And I wouldn't be all too shocked if Mt. Gox used this "negligence" as a cover for their shady activities (or that negligence was due to their shady activities).

But I can't say that they are intentionally trying to damage BTC at the moment. I think they still have aspirations to become even filthier in riches and damaging BTC doesn't align with that. I'm more inclined to think they are continuously creating an artificial arbitrage that they can take advantage of whenever they need more money.

Regardless, Mt. Gox's activities have affected the BTC landscape for the worse and we'd all be better off without them. Frankly, whether they are doing it intentionally or not doesn't matter to me.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513363858
Hero Member
*
Offline Offline

Posts: 1513363858

View Profile Personal Message (Offline)

Ignore
1513363858
Reply with quote  #2

1513363858
Report to moderator
zero3112
Hero Member
*****
Offline Offline

Activity: 560



View Profile
February 21, 2014, 09:25:37 PM
 #22

Does anyone know if this bitcoinbuilder.com works for trading your GOX bitcoin for Real bitcoin?
Holliday
Legendary
*
Online Online

Activity: 980



View Profile
February 21, 2014, 09:29:19 PM
 #23

Does anyone know if this bitcoinbuilder.com works for trading your GOX bitcoin for Real bitcoin?

here's a quick way to get your USD's out of Gox:

Buy Bitcoin!

I am only passing the message. I don't use Gox so I don't know if this actually works or not.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
HorseCoin
Jr. Member
*
Offline Offline

Activity: 42


View Profile
February 21, 2014, 09:33:59 PM
 #24

well in order to be a standard bubble chart it *HAD* to fall down to $100 at some point.  luckily Mt. Gox did it and spared the other sites the agony

investment is a great staple
noob2001
Hero Member
*****
Offline Offline

Activity: 630


View Profile WWW
February 21, 2014, 10:26:54 PM
 #25

He's not trying too, but has damaged bitcoins reputation.
bitcoinminer
Sr. Member
****
Offline Offline

Activity: 322



View Profile
February 21, 2014, 10:38:17 PM
 #26

I think they're insolvent, period. Whether through sheer incompetence and a ton of missteps, or some blatant criminal activity, either way it's bad for BTC and they need to step aside / try to make it right.

 Roll Eyes maybe...

Be fearful when others are greedy, and greedy when others are fearful.

-Warren Buffett
Unacceptable
Legendary
*
Offline Offline

Activity: 2212



View Profile
February 21, 2014, 10:47:25 PM
 #27

I think it is time to tax the Cypriots and use the funds to bail Mark out.

Thanks for the laugh!!!!!!!!!  Cheesy

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
DaFockBro
Jr. Member
*
Offline Offline

Activity: 56


View Profile
February 21, 2014, 10:57:08 PM
 #28

I think the whole thing is hilarious and I'm really enjoying buying up these cheap coins.

I especially enjoy the jokes about the coffee, what kind of grown-ass man drinks a coffee milkshake in the morning?

Check out the picture coindesk used for this gox article, haha:

http://www.coindesk.com/bitcoin-price-hits-135-mt-gox-office-move-verification-demand/
chrono
Newbie
*
Offline Offline

Activity: 28


View Profile
February 22, 2014, 10:09:26 AM
 #29

@DaFockBro

i dont know why u have to insult him over a desert-like coffee. i mean this is 2014, traditional breakfasts and coffees are gone. plus he is pretty fat, pointing this out if u have not noticed and so its not at all out of place to see that beverage.
b!z
Legendary
*
Offline Offline

Activity: 1568



View Profile
February 22, 2014, 12:03:45 PM
 #30

They're too incompetent to intentionally damage BTC.
BadBear
v2.0
Legendary
*
Offline Offline

Activity: 1652



View Profile WWW
February 22, 2014, 01:19:09 PM
 #31

Maybe we should collaborate with the miners, and skim 10% from every bitcoin address and bail MtGox out.

Edit: Crap, got beaten to the joke

1Kz25jm6pjNTaz8bFezEYUeBYfEtpjuKRG | PGP: B5797C4F

Tired of annoying signature ads? Ad block for signatures
coins101
Legendary
*
Offline Offline

Activity: 1400



View Profile
February 22, 2014, 01:30:18 PM
 #32

If there was a big dump of coins or a series of dumps on the run-up to the fiasco, then Gox might have known they could sell high, impact the market and buy-back cheap.

Sorry to say it, but this is what regulators do. If someone intentionally manipulates the market, they go to jail. 

Yeah, yeah, yeah. I know - I'm scum for mentioning regulation.  On the flip side, $3-$5bn USD has been wiped off the price of Bitcoin in the last few months and probably double that in reputational and brand damage.

You can go to jail for stealing $100 from a cash register; losing $3-$5bn gets you hate mail.

Lauda
Legendary
*
Offline Offline

Activity: 1694


GUNBOT Licenses -20% with ref. code 'GrumpyKitty'


View Profile WWW
February 22, 2014, 01:34:27 PM
 #33

They're too incompetent to intentionally damage BTC.
Incompetent to do pretty much anything.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
tokeweed
Legendary
*
Offline Offline

Activity: 1610


Love, Life and Laughter...


View Profile
February 22, 2014, 01:39:51 PM
 #34

interesting points. ok, if mt.gox is intentionally trying to damage btc, then all it means is it's not gonna end yet. it could go on until btc is down on the ground.  or at least they'll try to.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
tokeweed
Legendary
*
Offline Offline

Activity: 1610


Love, Life and Laughter...


View Profile
February 22, 2014, 01:40:29 PM
 #35

JED SAVE US!

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
DubFX
Sr. Member
****
Offline Offline

Activity: 434


View Profile
February 22, 2014, 01:43:05 PM
 #36

They just seem to take all the events lightly..barely caring about them lol
Lauda
Legendary
*
Offline Offline

Activity: 1694


GUNBOT Licenses -20% with ref. code 'GrumpyKitty'


View Profile WWW
February 22, 2014, 01:47:38 PM
 #37

interesting points. ok, if mt.gox is intentionally trying to damage btc, then all it means is it's not gonna end yet. it could go on until btc is down on the ground.  or at least they'll try to.
To the ground? Impossible.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
Bitcoinpro
Legendary
*
Offline Offline

Activity: 1218



View Profile
February 22, 2014, 01:49:30 PM
 #38

I think the whole thing is hilarious and I'm really enjoying buying up these cheap coins.

I especially enjoy the jokes about the coffee, what kind of grown-ass man drinks a coffee milkshake in the morning?

Check out the picture coindesk used for this gox article, haha:

http://www.coindesk.com/bitcoin-price-hits-135-mt-gox-office-move-verification-demand/


those where the days, when I got up and made a large home made Iced coffee every morning

WWW.FACEBOOK.COM

CRYPTOCURRENCY CENTRAL BANK

LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
bananas
Sr. Member
****
Offline Offline

Activity: 266


View Profile
February 22, 2014, 01:50:09 PM
 #39

This post made the news, it was linked here: http://www.pcworld.com/article/2100100/mt-gox-bitcoin-price-falls-below-100.html
Lauda
Legendary
*
Offline Offline

Activity: 1694


GUNBOT Licenses -20% with ref. code 'GrumpyKitty'


View Profile WWW
February 22, 2014, 02:37:51 PM
 #40

SSL error, cool.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
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!