BTCat (OP)
Legendary
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Activity: 1960
Merit: 1010
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February 25, 2014, 04:25:34 PM |
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Just a copy from btc-e.com
BTC-e Statement regarding MtGox possible insolvency
25.02.14 17:31 from admin
Dear BTC-e.com participants,
We are concerned by MtGox shutdown and would like to assure you that:
1. MtGox losses do not affect account balances or the operation of BTC-e in any way.
2. We confirm the Bitcoin system operation and its exciting prospects, and MtGox bankruptcy has not been caused by any underlying technical problems of Bitcoin. Bitcoin international peer-to-peer network and cryptocurrency are independent of actions of a single market participant. Bitcoin protocol continues to function exactly as it should. The cryptocurrency maintains its stability and the network will continue to develop and exist as long as required by its users.
3. At BTC-e we are constantly monitoring Bitcoin accounts and FIAT reserves. At BTC-e we continue to maintain all clients’ assets in full – both Bitcoin and FIAT.
4. BTC-e has no vulnerabilities during client transactions as we use safe and proven transaction protocols. All transaction issues reported by our clients undergo a thorough check.
The safety of client funds and transactions is of ultimate importance for the company, and this is the reason why we have been an industry leader for the last three years.
1. BTC-e is at its peak of financial strength with the record levels of clients and capital adequacy. The company plans to start publishing financial statements, verified by an external audit, on a regular basis.
2. The highest levels of security are already in place at BTC-e, and the company regularly uses external professional advice to further increase the security of our clients.
3. BTC-e is the only exchange to offer a modern trading platform, MetaTrader 4, to its clients, and many other exciting projects and further upgrades are in the pipeline.
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Musent
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February 25, 2014, 04:29:53 PM |
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If only all companies released statements like this lol.
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RoadToHell
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February 25, 2014, 04:37:04 PM |
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If only all companies released statements like this lol.
The Bitstamp release was similar - specifically they also pledged to doing regular audits (quarterly) and posting results. |
Sam Spade: We were talking about a lot more money than this.
Kasper Gutman: Yes, sir, we were, but this is genuine coin of the realm. With a dollar of this, you can buy ten dollars of talk.
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Holliday
Legendary
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Activity: 1120
Merit: 1012
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February 25, 2014, 04:39:34 PM |
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It only highlights the level of MtGox's incompetence when other companies are issuing statements regarding MtGox's fuck up while MtGox is busy buying domain names and deleting twitter accounts.
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If you aren't the sole controller of your private keys, you don't have any bitcoins.
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Musent
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February 25, 2014, 04:39:40 PM |
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If only all companies released statements like this lol.
The Bitstamp release was similar - specifically they also pledged to doing regular audits (quarterly) and posting results. Which is great, especially for the community. Subsiding fears is always a good thing. |
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Gabi
Legendary
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Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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February 25, 2014, 04:39:46 PM |
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What a news, a company stating that they are solid and that they are at their financial peak!
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Musent
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February 25, 2014, 04:40:10 PM |
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It only highlights the level of MtGox's incompetence when other companies are issuing statements regarding MtGox's fuck up while MtGox is busy buying domain names and deleting twitter accounts.
Very true. Gox should great a backbone. |
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ISAWHIM
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February 25, 2014, 04:42:56 PM |
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Funny.. they seem to be directly stating that Gox is bankrupt... That is not even remotely true.
Can't wait to see them get hammered for stating that, without actual proof, that is just slander.
Seems ass to me...
Great, now I know a safe place to dump my coins! lol. Plan fail... They just threw themselves under the bus, and all the customers they have (have left). lol.
"Hey, we got money, feel free to come here and take it!"
Um, Proof, or you are just talking out your ass. They are the next unregulated exchange out the door. Quick send them your money and BTC! While they still have high prices!
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FeedbackLoop
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February 25, 2014, 04:43:10 PM |
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What a news, a company stating that they are solid and that they are at their financial peak!
Well, GOX didn't state any of the things these did. |
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BitCoinNutJob
Legendary
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Activity: 1316
Merit: 1000
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February 25, 2014, 04:45:25 PM |
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they need to improve support @ BTC-e, just saying.
i use BTC-e regularly fwiw
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malevolent
can into space
Legendary
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Activity: 3472
Merit: 1724
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February 25, 2014, 04:47:00 PM |
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What a news, a company stating that they are solid and that they are at their financial peak!
Well, GOX didn't state any of the things these did. Trade with confidence on the world's largest Bitcoin exchange!
Mt.Gox is the world's most established Bitcoin exchange. You can quickly and securely trade bitcoins with other people around the world with your local currency! |
Signature space available for rent.
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Musent
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February 25, 2014, 04:51:57 PM |
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What a news, a company stating that they are solid and that they are at their financial peak!
Well, GOX didn't state any of the things these did. Trade with confidence on the world's largest Bitcoin exchange!
Mt.Gox is the world's most established Bitcoin exchange. You can quickly and securely trade bitcoins with other people around the world with your local currency! The statement on gox's website now is what is being talked about. |
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wxg10
Newbie
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Activity: 10
Merit: 0
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February 25, 2014, 04:53:08 PM |
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If only all companies released statements like this lol.
"Ye shall know them by their fruits. Their appearance and their claims are no proof of their true character." -- Matthew 7:16 |
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gnix72
Newbie
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Activity: 40
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February 25, 2014, 04:54:47 PM |
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Like I've said for months...companies who don't communicate, go out of business. The death of Mt. Gox was inevitable given its horrid business practices.
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ISAWHIM
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February 25, 2014, 04:58:13 PM |
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Funny, I see more complaints about BTCe users and potential users, who can't get money out, or BTC out, or had their "secure" accounts hacked...
Even more discomforting is the number of people who have money deposited, that never makes it into BTCe. (Though I am sure it did, it just never gets credited to the account. No wonder why they have so much of an abundance of money to pay the few withdraws that actually happen.)
Seems like a common thing with all exchanges. But than again, I have been here a long time, and know this. Seems a lot of noobs just go right to Gox, and just can't deal with the reality of how "exchanges" work.
No exchange has "proof" of holdings. For all you know, they were all hit by this. They just are not telling you, after seeing what happened to gox, being truthful about the situation.
Facts are still not being presented by anyone. (Care to guess why?)
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hostmaster
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February 25, 2014, 05:00:34 PM |
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it's great timing to protect market. I had more respect to btc-e.com
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leopard2
Legendary
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Activity: 1372
Merit: 1014
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February 26, 2014, 01:03:47 AM |
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the exchange that was first to require info from their customers which were none of their business (aka kyc) is now dead the exchange that doesn't require this, as of today, and whose owners are anonymous, is the most reliable one, and even worked when others stopped withdrawals what a coincidence  |
Truth is the new hatespeech.
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