El Dude (OP)
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February 24, 2014, 03:21:16 AM |
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Mt. Gox Resigns From Bitcoin Foundation By Robin Sidel Feb. 23, 2014 10:08 p.m. ET Mark Karpeles, chief executive of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the board of the Bitcoin Foundation, according to a person familiar with the situation. The move comes as amid a string of longstanding technical issues that began last summer when Mt. Gox halted customer withdrawals in U.S. dollars. The problems became more severe earlier this month when Mt. Gox halted all customer withdrawals, saying that a bug in the bitcoin software allowed some users to alter transactions. The problems prompted CoinDesk to remove Mt. Gox from its bitcoin pricing index earlier this month. The exchange told customers last week that it was still working on "reinitiating" bitcoin withdrawals. Mt. Gox is one of several industry representatives on the board of the foundation, which is essentially a trade organization that advocates for the virtual currency. Charles Shrem, another board member, stepped down in January after being charged with money laundering in connection with his bitcoin company. A phone call to Mt. Gox's office in Tokyo rang unanswered. http://pastebin.com/4ZFv0MXbhttp://online.wsj.com/news/articles/SB10001424052702303426304579401883794330454
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Bitcoin and Litecoin hodler
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CryptoReaper
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February 24, 2014, 03:23:33 AM |
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I can't say i'm bothered by this news.
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seriouscoin
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February 24, 2014, 03:27:22 AM |
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I cant really see Mark will survive pass 2014.... truth to be told, ppl get killed for far less reasons than this.
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Alley
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February 24, 2014, 03:27:33 AM |
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Come on crash! Momma needs $100 bitcoins!
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0_coin_miner_0
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February 24, 2014, 03:34:48 AM |
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Bitstamp sell order at $579.34 for 9109 BTC Total: $5,277,325.37
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btbrae
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February 24, 2014, 03:37:41 AM |
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Yikes. Looks like the writing really is on the wall for MtGox.
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0_coin_miner_0
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February 24, 2014, 03:40:57 AM |
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Skoupi
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Skoupi the Great
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February 24, 2014, 03:43:56 AM |
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Bitstamp sell order at $579.34 for 9109 BTC Total: $5,277,325.37
And what that has to do with Karpeles resigning from Bitcoin Foundation If you want to spread FUD do it properly and start a new thread
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cbeast
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Let's talk governance, lipstick, and pigs.
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February 24, 2014, 03:45:56 AM |
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That should free up some his time to work on more important issues.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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TheDailyCrypto
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February 24, 2014, 03:46:21 AM |
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cbeast
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Let's talk governance, lipstick, and pigs.
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February 24, 2014, 03:50:46 AM |
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That should free up some his time to work on more important issues. That means either someone from foundation or Karpeles are selling coins. Or anyone that bets on news.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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traderman
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February 24, 2014, 03:51:35 AM |
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What I find very interesting is that today there was enormous volume on Darkcoin trading at both c-cex and poloniex. Price was gyrating like crazy and everyone was wondering wtf was going on and who was this mystery buyer.
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seriouscoin
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February 24, 2014, 03:52:02 AM |
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That should free up some his time to work on more important issues. Oh come on. The wall appeared magically before the announcement. That means either someone from foundation or Karpeles are selling coins. And if insiders think it's a bad idea to have 10kBTC, it probably is... If he really wants to sell 10k btc, he wouldnt put up a wall.... Idiot. This shows its not about holding 10k btc is a bad idea or not...... Stupid investors will sell their coins based on your exact thoughts.
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Skinnkavaj
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English Motherfucker do you speak it ?
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February 24, 2014, 03:56:51 AM |
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Is it over now?
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Nathonas
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February 24, 2014, 03:58:27 AM |
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What does the bitcoin foundation do exactly? So far I've only heard bad press about them.
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All we have to decide is what to do with the time that is given us.
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CoinsForTech
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February 24, 2014, 03:59:29 AM |
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This will be incredibly positive for bitcoin in the long run, however in the short term I can see it hurting. At least it looks like I will be buying some cheap coins.
Two Foundation members in as many months to go down in a controversial ball of flames. For a Foundation that's meant to be the honorable face of bitcoin they are not doing a great job..
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seriouscoin
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February 24, 2014, 04:00:43 AM |
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What does the bitcoin foundation do exactly? So far I've only heard bad press about them.
They dont do crap.... dont be deceived by their name. They're a private organization that should not represent us, bitcoin community. To me many of them are just plain scammers.... like " Hero Member" on this forum.
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btbrae
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February 24, 2014, 04:02:11 AM |
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What does the bitcoin foundation do exactly? So far I've only heard bad press about them.
They are here for the community dawn't ya naw?
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seriouscoin
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February 24, 2014, 04:02:17 AM |
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This will be incredibly positive for bitcoin in the long run, however in the short term I can see it hurting. At least it looks like I will be buying some cheap coins.
Two Foundation members in as many months to go down in a controversial ball of flames. For a Foundation that's meant to be the honorable face of bitcoin they are not doing a great job..
You've been deceived. No1 voted for them. Its the name that made you think its meant for the face of bitcoin.
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