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Author Topic: How many BTC's did you have stored at MtGox?  (Read 1622 times)
smoothrunnings (OP)
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February 25, 2014, 05:06:19 PM
 #1

A close friend of mine had 7 BTC's at MtGox before they stopped transactions. He doubts he'll see them again. Sad

How many did you have stored there?
Arksun
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February 25, 2014, 05:07:36 PM
 #2

0 Bitcoins

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Liquid
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February 25, 2014, 05:08:05 PM
 #3

0 Bitcoins

Bitcoin will show the world what hard money really is.
eozdem
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February 25, 2014, 05:12:35 PM
 #4

50 BTC

BTC: 3CK57YEqbkQNAj9UetrK2S2WpBEe8rke4J
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orlinm
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February 25, 2014, 05:19:58 PM
 #5

0 btc 0$. I never keep money in exchanges.
RAVENCROW
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February 25, 2014, 05:49:35 PM
 #6

1

฿Allaboutbit ฿฿Cludcoin ฿[/color]
nagnagnag2
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February 25, 2014, 05:55:06 PM
 #7

all of them which was stored there  Cry
C10H15N
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February 25, 2014, 05:55:54 PM
 #8

0 BTC 4$ US  - it was only a matter of time.  

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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February 25, 2014, 05:58:12 PM
 #9

28

Success doesn't come to you…you go to it

tempestb
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February 25, 2014, 06:08:45 PM
 #10

4

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itsunderstood
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February 25, 2014, 06:19:47 PM
 #11

.2

Check out my prescient ATS thread from 2008: "Windows XP: End the Cyberwar, Open the Code Now!" http://www.abovetopsecret.com/forum/thread411978/pg1
smoothrunnings (OP)
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February 25, 2014, 06:35:50 PM
 #12

The thing to keep in mind is that MtGox had about 80% of the worlds bitcoins, so I am sure a lot of people lost thousands if not tens of thousands of Bitcoins. Sad

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February 25, 2014, 06:50:39 PM
 #13

4.4plus 1000usd
tempestb
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February 25, 2014, 06:57:39 PM
 #14

The thing to keep in mind is that MtGox had about 80% of the worlds bitcoins, so I am sure a lot of people lost thousands if not tens of thousands of Bitcoins. Sad



Gox wouldn't have any money problems if they had 80% of the world's bitcoins.  And the value of the remaining 20% would be worth a heck of a lot more now.  Considering they paid twice for the same transaction and then stored an invalid coin at the end of their coin pool, it's likely they didn't notice until their entire coin pool was exhausted and all the new transactions were being rejected as previously spent.  So they basically spent out all their coins and had none left.  (In theory)  Thus, they didn't take any bitcoins down with them.  They are all still out there.  What they went down with was a bunch of invalid coins.

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smoothrunnings (OP)
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February 25, 2014, 07:07:20 PM
 #15

4.4plus 1000usd

I would never count the bitcoins worth today, if you have 4.4BTC trapped inside Gox right now they are technically worth the price they were before Gox halted trading the first time, which was about $1000 USD per coin. If people who had hundreds in cold storage at Gox sued Gox they would claim their worth at the higher price and not what the market says they are worth today.
seriouscoin
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February 25, 2014, 07:32:10 PM
 #16

4.4plus 1000usd

I would never count the bitcoins worth today, if you have 4.4BTC trapped inside Gox right now they are technically worth the price they were before Gox halted trading the first time, which was about $1000 USD per coin. If people who had hundreds in cold storage at Gox sued Gox they would claim their worth at the higher price and not what the market says they are worth today.


No thats not how justice works idiot.
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February 25, 2014, 07:41:21 PM
 #17

4.4plus 1000usd

I would never count the bitcoins worth today, if you have 4.4BTC trapped inside Gox right now they are technically worth the price they were before Gox halted trading the first time, which was about $1000 USD per coin. If people who had hundreds in cold storage at Gox sued Gox they would claim their worth at the higher price and not what the market says they are worth today.


No thats not how justice works idiot.


It is if you sold them at $1000 for tax purposes. You'd be totally screwed by IRS then. But of course all the records were lost too so that might be a way out for some.

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smoothrunnings (OP)
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February 25, 2014, 10:37:58 PM
 #18

4.4plus 1000usd

I would never count the bitcoins worth today, if you have 4.4BTC trapped inside Gox right now they are technically worth the price they were before Gox halted trading the first time, which was about $1000 USD per coin. If people who had hundreds in cold storage at Gox sued Gox they would claim their worth at the higher price and not what the market says they are worth today.


No thats not how justice works idiot.


It is if you sold them at $1000 for tax purposes. You'd be totally screwed by IRS then. But of course all the records were lost too so that might be a way out for some.

Let me tell you something about the IRS. It's unconstitutional to be paying income tax in the United States of America, back when the income tax bill was pasted in congress only a handful of the states were there to sign it, since not all the states signed the bill it unconstitutional for the IRS to demand you pay them tax. Secondly the Supreme Court of the USA has already stated very clearly that only people who stand to gain a profit from someone else trade and or experience should they be  taxed, but those who are providing their skills for cash should not be paying tax at all. Lastly most the states don't even have it written in their own laws that you are required to pay income tax. The movie America Freedom to Fascism also points this out.

Besides that I don't live in the USA (thank god) so I don't have to worry about the IRS. Smiley
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February 25, 2014, 10:54:15 PM
 #19

2.13, although it was 1.58 before the shut down. I just sold and bought back a couple of times.

Sadly, I was one of the first in the broken queue when Gox did not reply to my tickets, then eventually lied about the problem being minor on the front page (mainly large transactions ... lol).

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February 25, 2014, 10:56:41 PM
 #20

I went from having a few to 20x that amount. Thanks to BB Cheesy

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