wantmyrefund (OP)
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February 25, 2014, 05:32:21 AM |
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If Gox really lost 750K coins, wouldn't that create new buyer demand for around that amount?
For example, if I had x coins at Gox and they vanished, I would then be x coins under my target balance and right now would be looking at how to acquire another x coins. Don't get me wrong I would be super pissed at Gox, but also worried about now not having my target number of BTC. I wouldn't be purchasing right now, but planning on how to do so over the coming weeks.
So longer term, shouldn't this create more buying demand?
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njcarlos
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February 25, 2014, 05:38:47 AM |
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Someone has those coins, they're not lost. They will inevitably hit the market.
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derpinheimer
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Activity: 896
Merit: 1000
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February 25, 2014, 05:39:37 AM |
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Someone has those coins, they're not lost. They will inevitably hit the market.
As if they havent been on the market the whole time? lol  |
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bitcon
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Merit: 1008
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February 25, 2014, 05:40:40 AM |
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from what i understand from the doc. they are the total amount stolen over the years, so most have already been sold back onto the market. if the doc is real.
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njcarlos
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February 25, 2014, 05:41:48 AM |
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Someone has those coins, they're not lost. They will inevitably hit the market.
As if they havent been on the market the whole time? lol No, they haven't. I don't believe that. |
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traderCJ
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February 25, 2014, 05:42:11 AM |
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Someone has those coins, they're not lost. They will inevitably hit the market.
Based on what I'm reading, this has been a long, slow bleed of Gox .. so I doubt the stolen coins will be suddenly dumped. Hell, you might have some and not even know it  |
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derpinheimer
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Activity: 896
Merit: 1000
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February 25, 2014, 05:42:41 AM |
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Someone has those coins, they're not lost. They will inevitably hit the market.
As if they havent been on the market the whole time? lol No, they haven't. I don't believe that. Its not a matter of believing, its a matter of not being an idiot. |
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njcarlos
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February 25, 2014, 05:43:25 AM |
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You have nothing but speculation to suggest otherwise. So your opinion is no more valid than any other.
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theonewhowaskazu
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February 25, 2014, 05:43:34 AM |
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Someone has those coins, they're not lost. They will inevitably hit the market.
As if they havent been on the market the whole time? lol No, they haven't. I don't believe that. If they lost 750k coins, then they likely did so a year + ago by now, no way they could lose that amount at prices > $200 with people not noticing and gox not going nuts. Those 750k coins probbly found their way onto stamp/china orderbooks, or possibly into the FBI's stache... |
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njcarlos
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February 25, 2014, 05:44:32 AM |
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If they lost 750k coins, then they likely did so a year + ago by now, no way they could lose that amount at prices > $200 with people not noticing and gox not going nuts. Those 750k coins probbly found their way onto stamp/china orderbooks, or possibly into the FBI's stache...
The FBI has a bitcoin mustache? Gangster. |
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derpinheimer
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February 25, 2014, 05:51:06 AM |
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You have nothing but speculation to suggest otherwise. So your opinion is no more valid than any other.
One is logical, the other is FUD. Hm? How on earth would Gox lose 750k coins over the course of a few weeks? And even if it were weeks, they would have hit markets.. awhile ago. They obviously didnt. It wasnt a hack, it was poor coding + transaction malleability. This has been happening for awhile. And it wont result in a dump (of Goxcoins on to other markets) |
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jasonjm
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February 25, 2014, 05:51:13 AM |
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how the f*ck is it possible for the controller, or CEO of gox, to not have 2 facts presented to him daily
1) customer fiat funds vs mtgox fiat funds
2) customer BTC deposits in total, vs BTC in the gox wallets
any idiot would CLEARLY have seen if part 2 of either of the VS statement was less than the customer part, something was very wrong. There is no ways at any time they should have had less fiat, or less BTC than the customer pools.
those numbers should have been checked every morning and compared to yesterdays.
Blows my mind. Like i said either amazing incompetence, or evil genius.
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njcarlos
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February 25, 2014, 05:52:43 AM |
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You have nothing but speculation to suggest otherwise. So your opinion is no more valid than any other.
One is logical, the other is FUD. Hm? How on earth would Gox lose 750k coins over the course of a few weeks? And even if it were weeks, they would have hit markets.. awhile ago. They obviously didnt. It wasnt a hack, it was poor coding + transaction malleability. This has been happening for awhile. And it wont result in a dump (of Goxcoins on to other markets) Your guess is as good as mine, and it's nothing more than a guess. |
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derpinheimer
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Activity: 896
Merit: 1000
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February 25, 2014, 05:53:18 AM |
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You have nothing but speculation to suggest otherwise. So your opinion is no more valid than any other.
One is logical, the other is FUD. Hm? How on earth would Gox lose 750k coins over the course of a few weeks? And even if it were weeks, they would have hit markets.. awhile ago. They obviously didnt. It wasnt a hack, it was poor coding + transaction malleability. This has been happening for awhile. And it wont result in a dump (of Goxcoins on to other markets) Your guess is as good as mine, and it's nothing more than a guess. Again, your theory is bullshit that makes no sense, mine (which matches everybody else who has posted here), makes sense. |
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