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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Skoupi
Sr. Member
 Offline
Activity: 252
Merit: 250
Skoupi the Great
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February 24, 2014, 11:43:01 PM |
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lost like how? Lost private keys?
Sorry i 'm to lazy to even click on a fud blog post...
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seldon
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February 24, 2014, 11:45:06 PM |
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complete BS.. there's hardly that many coins on all exchanges combined. 75,000 btc would be a plausible sum if you believed this, 10x this much is just bs
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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February 24, 2014, 11:45:35 PM |
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complete BS.. there's hardly that many coins on all exchanges combined. 75,000 btc would be a plausible sum if you believed this, 10x this much is just bs
RTFA This is some really smelly FUD, not even worthy of discussing it. |
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Dragonkiller
Sr. Member
Offline
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 24, 2014, 11:48:27 PM |
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it's from the same guy that was first about the fortress fund  |
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Walsoraj
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February 24, 2014, 11:50:52 PM |
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FUD until confirmed by proudhon.
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uhoh
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February 24, 2014, 11:57:43 PM |
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someones is trying to get some cheap goxcoins, and sadly its working.
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yomofo
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February 24, 2014, 11:58:38 PM
Last edit: February 25, 2014, 12:09:26 AM by yomofo |
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meanig
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February 24, 2014, 11:59:03 PM |
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He says it's unverified and then goes on to write about it anyway.
Attention whore.
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uhoh
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February 25, 2014, 12:01:26 AM |
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He says it's unverified and then goes on to write about it anyway.
Attention whore.
This.. pathetic |
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kireinaha
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February 25, 2014, 12:02:11 AM |
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hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
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Night gathers, and now my bitcoinwisdom watch begins.
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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February 25, 2014, 12:03:03 AM |
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A year from now, when we have real professional licensed exchanges in major trade cities, this type of FUD will be rendered almost useless.
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uhoh
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February 25, 2014, 12:05:51 AM |
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hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
Think the opposite. If they've lost this many coins, then there is literally no way back. They would have said by now, why stall the inevitable? |
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kireinaha
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February 25, 2014, 12:09:34 AM |
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hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
Think the opposite. If they've lost this many coins, then there is literally no way back. They would have said by now, why stall the inevitable? Collect fees on people trading during the uncertainty while meanwhile, management moves behind the scenes to minimize damage to their personal assets and perhaps look for investors to bail them out. i suspect that this is what mark and his inner circle are doing now. |
Night gathers, and now my bitcoinwisdom watch begins.
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MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
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February 25, 2014, 12:10:23 AM |
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hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
Think the opposite. If they've lost this many coins, then there is literally no way back. They would have said by now, why stall the inevitable? Collect fees on people trading during the uncertainty while meanwhile, management moves behind the scenes to minimize damage to their personal assets and perhaps look for investors to bail them out. i suspect that this is what mark and his inner circle are doing now. Who will invest in someone losing 750k coins? |
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kireinaha
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February 25, 2014, 12:15:11 AM |
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hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
Think the opposite. If they've lost this many coins, then there is literally no way back. They would have said by now, why stall the inevitable? Collect fees on people trading during the uncertainty while meanwhile, management moves behind the scenes to minimize damage to their personal assets and perhaps look for investors to bail them out. i suspect that this is what mark and his inner circle are doing now. Who will invest in someone losing 750k coins? they don't necessarily need to cover all the lost coins to give the impression that it's business as usual. but the fact that they've been down for this long and recent actions strongly imply that something is seriously wrong with their accounting, perhaps to a greater degree than they originally believed. i too doubt any investor would want to step in to provide emergency relief to mtgox, but that wouldn't prevent management from seeking out such a party. this would explain why they're remaining quiet with no further promised dates for updates. they could be trying to save the company, but until something goes through, they can't make any comments. |
Night gathers, and now my bitcoinwisdom watch begins.
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uhoh
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February 25, 2014, 12:17:52 AM |
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hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
Think the opposite. If they've lost this many coins, then there is literally no way back. They would have said by now, why stall the inevitable? Collect fees on people trading during the uncertainty while meanwhile, management moves behind the scenes to minimize damage to their personal assets and perhaps look for investors to bail them out. i suspect that this is what mark and his inner circle are doing now. Who will invest in someone losing 750k coins? they don't necessarily need to cover all the lost coins to give the impression that it's business as usual. but the fact that they've been down for this long and recent actions strongly imply that something is seriously wrong with their accounting, perhaps to a greater degree than they originally believed. i too doubt any investor would want to step in to provide emergency relief to mtgox, but that wouldn't prevent management from seeking out such a party. this would explain why they're remaining quiet with no further promised dates for updates. they could be trying to save the company, but until something goes through, they can't make any comments. It's a good theory, I agree. Despite this though, that article is pure steaming shit |
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Dragonkiller
Sr. Member
Offline
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 25, 2014, 12:18:36 AM |
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hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
Think the opposite. If they've lost this many coins, then there is literally no way back. They would have said by now, why stall the inevitable? Collect fees on people trading during the uncertainty while meanwhile, management moves behind the scenes to minimize damage to their personal assets and perhaps look for investors to bail them out. i suspect that this is what mark and his inner circle are doing now. Who will invest in someone losing 750k coins? they don't necessarily need to cover all the lost coins to give the impression that it's business as usual. but the fact that they've been down for this long and recent actions strongly imply that something is seriously wrong with their accounting, perhaps to a greater degree than they originally believed. i too doubt any investor would want to step in to provide emergency relief to mtgox, but that wouldn't prevent management from seeking out such a party. this would explain why they're remaining quiet with no further promised dates for updates. they could be trying to save the company, but until something goes through, they can't make any comments. only satoshi can help them now |
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uhoh
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February 25, 2014, 12:26:23 AM |
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Only have to look at BB to see that people are buying this rubbish. Unbelievable
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CryptoMinter
Newbie
Offline
Activity: 53
Merit: 0
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February 25, 2014, 12:27:01 AM |
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The cold storage has been wiped out due to a leak in the hot wallet. What does this even mean?? The hot wallet was run on a water cooled server which was sitting above the cold storage paper wallets and the leak cause the ink to smudge making the keys unreadable? Come on. Even a fool compares assets to liabilities and would notice such a thing. .. an otherwise reliable source...I trust the authenticity...If this is a hoax, ..I am fully blindsided by [it]. I fear, however, that it is not. Believe me bro. So tone neutral: Apocolyptic,Crisis... [MtGox] can go bankrupt at any moment, and certainly deserves to..., cause governments to react...harsly, ... this could be the end of Bitcoin... This is catastrophic, and I am sorry to share this... I fear FUD |
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