mtgox chat from today ! we still alive !!!! he is not finished at all !

[invisiblefriend]

keeps going !



Bitcoin CEO Mark Karpeles told an industry consultant Tuesday that he has not yet given up on Mt. Gox and has not made plans to step down.

Karpeles made the statements in an Internet Relay Chat (IRC) this afternoon with Jon Fisher, an industry consultant based in New York. FOX Business obtained private chat logs from the conversation. In those logs, Karpeles tells Fisher he has not “given up” on Mt. Gox and he can’t disclose if he has decided to step down as CEO of the exchange.

“Giving up,” says Karpeles, “is not a part of how I usually do things.”

Multiple attempts to contact Karpeles and a spokesperson for Mt. Gox were unsuccessful.

In the IRC, Karpeles says he is still in Tokyo; he sent a link with a photo of his keyboard as proof that he was “at home, with my cat being a pain sleeping on the keyboard.”

Karpeles says that any Bitcoin he personally owns was on Mt. Gox, meaning he will lose money if the exchange fails. In response to a question about how much he personally stands to lose, Karpeles writes, “well, technically speaking it's not 'lost' just yet, just temporarily unavailable.”

When asked about the viability of an unregulated currency he writes, “tbqh [to be quite honest] the pressure we got from banks and governments makes things very hard.”

Karpeles’ comments come after a tumultuous February for the exchange. Accounts within Mt. Gox were frozen early this month, preventing investors from withdrawing funds. The exchange blamed "software malleability" for a flaw in its transaction records.

On Sunday, Karpeles stepped down from his position on the board of directors at the Bitcoin  Foundation, the cryptocurrency’s advocacy group.

Monday night, a document appearing to have originated from within Mt. Gox entitled “Crisis Strategy Draft” emerged on the web, published by blogger "The Two-Bit Idiot," who The Wall  Street Journal has identified as Bitcoin blogger Ryan Selkis. 

The report details the loss, or theft, of 744,408 Bitcoin, or roughly $383 million based on this afternoon's trading prices. 

In the IRC obtained by FOX Business, Karpeles denies the document was produced by Mt. Gox, but confirms that it is “more or less” legitimate.

“As the name suggests it’s a draft, and it’s a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done,” Karpeles said.

The Mt. Gox exchange website went down late last night, hours after all tweets were deleted  from the exchange’s official Twitter account.

The following official statement was posted to mtgox.com this morning, by the "MtGox Team": "In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly."

In an effort to defend the digital currency and distance themselves from Mt. Gox, executives  managing six other Bitcoin exchanges and businesses released a joint statement late last night condemning the “tragic violation of the trust of users of Mt.Gox” as reflective of  “one company’s actions,” and not indicative of the resiliency of the digital currency industry.

Bitcoin is not subject to regulation, and both Japan’s central bank and regulator, the Financial Services Authority and the Ministry of Finance, have publicly stated the regulation of Bitcoin and its exchanges falls outside of their jurisdiction.

[tabnloz]

So instead of releasing a properly written, professional press release that conclusively covers the issues at hand, MK & MtGox are;

providing meaningless updates

halting transactions

taking down their site & twitter feeds.


This does not promote trust.

So, while he may not be giving up, everybody is giving up on them.

[jadagles]

You need to post source, else...this is another FUD

[franky1]

extract of conversations from the foxnews website



if image does not load http://www.foxbusiness.com/static/managed/img/fb2/markets/chat-log-lg.jpg

i do not treat this as fact or fiction. do your own research

also the photo of the keyboard

[SebastianJu]

Sorry to say that but nothing is safe.  “well, technically speaking it's not 'lost' just yet, just temporarily unavailable.” would be valid when the coins are stolen too. And how is the chance that you get coins back that were stolen over a timeframe of 2 years? The coins are still there, only unavailable.

[kolev]

keeps going !



Bitcoin CEO Mark Karpeles told an industry consultant Tuesday that he has not yet given up on Mt. Gox and has not made plans to step down.

Karpeles made the statements in an Internet Relay Chat (IRC) this afternoon with Jon Fisher, an industry consultant based in New York. FOX Business obtained private chat logs from the conversation. In those logs, Karpeles tells Fisher he has not “given up” on Mt. Gox and he can’t disclose if he has decided to step down as CEO of the exchange.

“Giving up,” says Karpeles, “is not a part of how I usually do things.”

Multiple attempts to contact Karpeles and a spokesperson for Mt. Gox were unsuccessful.

In the IRC, Karpeles says he is still in Tokyo; he sent a link with a photo of his keyboard as proof that he was “at home, with my cat being a pain sleeping on the keyboard.”

Karpeles says that any Bitcoin he personally owns was on Mt. Gox, meaning he will lose money if the exchange fails. In response to a question about how much he personally stands to lose, Karpeles writes, “well, technically speaking it's not 'lost' just yet, just temporarily unavailable.”

When asked about the viability of an unregulated currency he writes, “tbqh [to be quite honest] the pressure we got from banks and governments makes things very hard.”

Karpeles’ comments come after a tumultuous February for the exchange. Accounts within Mt. Gox were frozen early this month, preventing investors from withdrawing funds. The exchange blamed "software malleability" for a flaw in its transaction records.

On Sunday, Karpeles stepped down from his position on the board of directors at the Bitcoin  Foundation, the cryptocurrency’s advocacy group.

Monday night, a document appearing to have originated from within Mt. Gox entitled “Crisis Strategy Draft” emerged on the web, published by blogger "The Two-Bit Idiot," who The Wall  Street Journal has identified as Bitcoin blogger Ryan Selkis. 

The report details the loss, or theft, of 744,408 Bitcoin, or roughly $383 million based on this afternoon's trading prices. 

In the IRC obtained by FOX Business, Karpeles denies the document was produced by Mt. Gox, but confirms that it is “more or less” legitimate.

“As the name suggests it’s a draft, and it’s a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done,” Karpeles said.

The Mt. Gox exchange website went down late last night, hours after all tweets were deleted  from the exchange’s official Twitter account.

The following official statement was posted to mtgox.com this morning, by the "MtGox Team": "In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly."

In an effort to defend the digital currency and distance themselves from Mt. Gox, executives  managing six other Bitcoin exchanges and businesses released a joint statement late last night condemning the “tragic violation of the trust of users of Mt.Gox” as reflective of  “one company’s actions,” and not indicative of the resiliency of the digital currency industry.

Bitcoin is not subject to regulation, and both Japan’s central bank and regulator, the Financial Services Authority and the Ministry of Finance, have publicly stated the regulation of Bitcoin and its exchanges falls outside of their jurisdiction.

They possible lost the private keys of one of their cold storage wallets? I can't explain "temporarily unavailable" - maybe he's trying to recover from a damaged hard drive or break the encryption password?

[franky1]

They possible lost the private keys of one of their cold storage wallets? I can't explain "temporarily unavailable" - maybe he's trying to recover from a damaged hard drive or break the encryption password?

yes that quote about temporarily unavailable seemed a weird thing to say...

he owns MTGOX, he owns all the private keys.. private keys have nothing to do with malleability.. he could easily load them into a client and withdraw at a whim.. so why say temporarily unavailable.

........ seems like delay tactics with weak excuse... maybe he got his speach lessons from pirate@40

and lastly, when people are wanting their money.. why is he at home playing with his cat, chatting in a chatroom. he should be doing something.. right?

[btc4ever]

maybe an employee ran off with the cold storage and is holding it ransom.  who knows.


It is interesting he didn't dispute the claim of having lost 700000+ BTC.   Or the assets/liabilities figures in the crisis document.

[AgeraS]

My guess is that these two things are linked 

“well, technically speaking it's not 'lost' just yet, just temporarily unavailable.” -Gox CEO

"and clear policies to not use customer assets for proprietary trading or for margin loans in leveraged trading." -Joint-Statement

[kolev]

My guess is that these two things are linked 

“well, technically speaking it's not 'lost' just yet, just temporarily unavailable.” -Gox CEO

"and clear policies to not use customer assets for proprietary trading or for margin loans in leveraged trading." -Joint-Statement

Yeah, keep in mind that the guys from the joint statement possibly have evidence as they would see him selling bitcoins on their exchanges, right?

[AgeraS]

ep in mind that the guys from the joint statement possibly have evidence as they would see him selling bitcoins on their exchanges, right?

I don't think so because they would have to know the public address from which he was trading the customers coins.

[invisiblefriend]

http://www.foxbusiness.com/static/managed/img/fb2/markets/chat-log-lg.jpg




the link to part of chat above




it was talked about at the start of fox news broadcast at 6 ---        kinda like ---    mtgox not out !   read online 4 more info !

[franky1]

ok i found another copy of what seems to be the entire chat he had

http://www.wickedfire.com/shooting-shit/179038-my-conversation-mark-karpeles-mtgox-2.html#post2164682

[ProfMac]

I'm not clear on how the cat photo shows that he is in Tokyo.

[AgeraS]

I'm not clear on how the cat photo shows that he is in Tokyo.

Look at the badge on the desk. Google Cerulean Tower. Though it could be photochopped or not sent from Karpeles

[kolev]

ep in mind that the guys from the joint statement possibly have evidence as they would see him selling bitcoins on their exchanges, right?

I don't think so because they would have to know the public address from which he was trading the customers coins.

All exchanges know your identity.

[T.Stuart]

This is it? A photo of a cat?

Goxxed again!  

[MarcoTC]

Same cat in 2010: https://www.youtube.com/watch?v=AgWb-tk5aek#t=14

[T.Stuart]

Same cat in 2010: https://www.youtube.com/watch?v=AgWb-tk5aek#t=14

Hey, good detective work! 

[Slab Squathrust]

Same cat in 2010: https://www.youtube.com/watch?v=AgWb-tk5aek#t=14

I refuse to believe it.  Pets often reflect their owners.  That cat isn't a fat fu#K.  It can't be his...