jl2012 (OP)
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February 25, 2014, 05:22:18 AM |
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http://two-bit-idiot.tumblr.com/post/77760399932/update-on-mt-gox-this-document-appears-to-beThis document claims that gox has lost 740,000 BTC and has only 2,000 left This sounds really ridiculous. 2000BTC could not even cover 10% of the ask wall on gox. How could Mark not realize it far before the cold wallet becomes 0?
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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jl2012 (OP)
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February 25, 2014, 05:25:39 AM |
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If you have other theory, please reply
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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Luno
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February 25, 2014, 05:36:54 AM
Last edit: February 25, 2014, 06:27:10 AM by Luno |
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As a fact. Mark had thousands of BTC which he used some of to stabilise price on GOX in the early 2012 when Bitcoin needed supportive buying / selling to look good.
He transferred from a wallet through a server with a Paris IP number. I'm gonna look if I still have the note on the wallet address in some of my old posts.
Guy is loaded, lying is too easy. Gox is unimportant, Bitcoin follows the guy with the keys.
Just for the info: He was not alone back then, coordinated buying was taking place he was part of a cartel, Spain Uk Germany IP together in this.
things are not what they seem. proclaiming news about BTC assets would require some documentation, i.e. the address which they are stolen from, and the addresses they have been deposited to. A mere re branding won't cut it legally.
(nope, don't have the wallet public address anywhere)
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BlackHayate
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February 25, 2014, 05:57:32 AM |
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I think that gox should have a withdraw log, so they should have list of guys, who asked bitcoins twice.
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twolifeinexile
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February 25, 2014, 06:10:01 AM |
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Now it looks more real than ever.(Not saying it is)
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Ekaros
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February 25, 2014, 06:13:38 AM |
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Losing 740 000 BTC seems unbelivable achievement.
On other hand having that much in exchange in the late times seems also dubious...
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seleme
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Duelbits.com
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February 25, 2014, 06:14:52 AM |
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No.
Nobody is stupid enough to lose 750 000 BTC without noticing it.
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jl2012 (OP)
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February 25, 2014, 06:20:25 AM |
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No.
Nobody is stupid enough to lose 750 000 BTC without noticing it.
That's why one of my choice is Mark having serious mental illness. That would explain it |
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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NUFCrichard
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February 25, 2014, 06:23:46 AM |
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I don't buy it, the presentation seems odd if it is internal, it is a bit simplistic.
If I have a meeting I don't expect a presentation to start with a simple overview of the company, that is for external presentations.
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thelema93
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February 25, 2014, 06:29:09 AM |
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"The cold storage has been wiped out due to a leak in the hot wallet."
BULLSHIT ALERT
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Salivan
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DiMS dev team
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February 25, 2014, 06:31:15 AM |
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I start to think that they(mt.gox) prolong withdrawals by purpose.
Do simple math
let say you have 1000USD
buy mt.gox bitcoin using them than sell on bitstamp
now you have
4000USD
repeat process
soon you have more bitcoin and USD than ever before
and this procedure will end when withdrawal will be resumed eventually so no need for rush
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coinnewbit
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February 25, 2014, 06:32:23 AM |
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"The cold storage has been wiped out due to a leak in the hot wallet."
BULLSHIT ALERT
Mark:Time's Douchebag of The Year |
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anu
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RepuX - Enterprise Blockchain Protocol
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February 25, 2014, 06:35:57 AM |
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The trading engine does not operate on the blockchain - its only working on Bitcoin representations in a database. That said, this looks like an attempt to crash the price. I would expect them to run a simple SQL query finding out how many Bitcoins customers own and compare it with the amount in their wallets as part of their daily reconciliation. |
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Luno
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February 25, 2014, 09:04:29 AM |
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When there is an official look into this, legal or journalistic, we are very apt here in this forum to correct anything overlooked by authorities or reporters.
A German university do mass tracings of transactions (for research purposes) and there are now forensic tools to backtrack BTC's.
We will get to the bottom of the "whom stole which coins" part!
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Mythul
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February 25, 2014, 09:07:17 AM |
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This is going to be one shitty week...
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600watt
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February 25, 2014, 09:14:44 AM |
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This is going to be one shitty week...
no, the shitty weeks are behind us...  |
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rebuilder
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February 25, 2014, 09:17:17 AM |
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This doc looks very fishy to me.
-Written from an outsider's perspective, but no mention of who wrote it, or for what purpose. Could just as well never have been used internally, but by a third party planning a takeover, assuming they had access to Gox data.
-Also arguing against internal Gox use is the writer saying Gox "deserves" to go bankrupt, general brutality.
-The claim of the cold wallets getting entirely wiped due to coin leakage seems very hard to credit. They would have had to manually empty the wallets, they're cold after all. I don't see how you accidentally lose *everything* in your cold wallet without realizing, when someone is manually transferring funds from said wallet.
-The CEO's apology draft - temp graphic of a scapegoat on the gox mountain? Really?
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Miz4r
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February 25, 2014, 09:17:27 AM |
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This is going to be one shitty week...
no, the shitty weeks are behind us... Exactly, I actually feel a lot of relieve right now that MtGox is gone. I wish they could have fixed their shit instead but at least we have clarity now and the market can find a new equilibrium and move on. |
Bitcoin = Gold on steroids
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Mythul
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February 25, 2014, 09:21:31 AM |
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This is going to be one shitty week...
no, the shitty weeks are behind us... Exactly, I actually feel a lot of relieve right now that MtGox is gone. I wish they could have fixed their shit instead but at least we have clarity now and the market can find a new equilibrium and move on. Yeah but I feel bad for the people that lost their money....there are a lot of them you know. |
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Miz4r
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February 25, 2014, 09:25:35 AM |
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This is going to be one shitty week...
no, the shitty weeks are behind us... Exactly, I actually feel a lot of relieve right now that MtGox is gone. I wish they could have fixed their shit instead but at least we have clarity now and the market can find a new equilibrium and move on. Yeah but I feel bad for the people that lost their money....there are a lot of them you know. After all the warning signs they got since June 2013, I feel they have had plenty of time to get out of there. So I really can't feel a whole lot of sympathy for them to be honest. But I don't think those still with funds stuck in Gox have lost it all, I've read and heard Gox got bought out and there are bigger parties involved now and they will insure that everyone will get back what they are owed. |
Bitcoin = Gold on steroids
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