2014-02-25 BBC News - Bitcoin exchange MtGox goes offline

[StarfishPrime]

BBC news:
http://www.bbc.co.uk/news/technology-26333661

Full text:

The exchange has been hit by technical issues and recently halted all customer withdrawals of the digital currency after it spotted what it called "unusual activity".

The move is a setback for backers of Bitcoin, who have been pushing for greater adoption of the currency.

Meanwhile, six other major Bitcoin exchanges issued a joint statement distancing themselves from MtGox.

"This tragic violation of the trust of users of MtGox was the result of one company's actions and does not reflect the resilience or value of Bitcoin and the digital currency industry," the exchanges, including Coinbase and BTC China, said in a statement.

"As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.

"We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfil the promise that Bitcoin offers as the future of payment in the internet age," they added.

[bitlancr]

Ding dong, the witch is dead!

[ShadowOfHarbringer]

OH FINALLY, THEY ARE DEAD ALREADY !!



I couldn't wait. They spoiled enough blood.

[fryarminer]

Actually I feel sorry for the thousands of people who lost a ton of their money to these punks.

That's so not cool.

I never trusted Mt Gox, but too many people have.

[medUSA]

I never trusted Mt Gox, but too many people have.

Especially those who wired in fiat to buy "cheap" coins...
They ended up buying the most expensive coins.

This Gox CEO is going to live in hiding for the rest of his life,
too many has lost their life savings, and they are not going to let it go so easily 

[Lethn]

The exchange has been hit by technical issues and recently halted all customer withdrawals of the digital currency after it spotted what it called "unusual activity".

Unusual activity? I thought it was the Bitcoin code

[hilariousandco]

The exchange has been hit by technical issues and recently halted all customer withdrawals of the digital currency after it spotted what it called "unusual activity".

Unusual activity? I thought it was the Bitcoin code

Unusual activity probably means they spotted some users somehow managing to withdraw their money  .

Another article: http://www.ft.com/cms/s/0/f13bf822-9de4-11e3-95fe-00144feab7de.html#axzz2uKw6QmyO

[LiteCoinGuy]

Actually I feel sorry for the thousands of people who lost a ton of their money to these punks.

That's so not cool.

I never trusted Mt Gox, but too many people have.

i dont feel sorry. people even sent money to mtgox in the last 5-7 days 
they gambled. they lose.

[last2come222]

RIP, MtGOx!!! Finally it has happened! The sun is shinig brighter 

[PatMan]

Thank f*ck for that 

[LiteCoinGuy]

Mark will fix it.

[hilariousandco]

Actually I feel sorry for the thousands of people who lost a ton of their money to these punks.

That's so not cool.

I never trusted Mt Gox, but too many people have.

i dont feel sorry. people even sent money to mtgox in the last 5-7 days 
they gambled. they lose.

Yeah, it was quite perplexing people were still sending money there for the last 5+ months, nevemind the past couple of weeks.

Mark will fix it.

 . Is Litecoin still coming "soon" too?