eldentyrell
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Activity: 980
Merit: 1004
felonious vagrancy, personified
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February 26, 2014, 04:46:00 AM |
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I think the subpoena by the US Justice Department might actually be responsible for why the coins were "unavailable".
Ah! Yes, that sounds about right. I can definitely see a federal magistrate interpreting his/her subpoena power to require they "preserve certain documents" to include not sending any BTC out of the company's wallets. |
The printing press heralded the end of the Dark Ages and made the Enlightenment possible, but it took another three centuries before any country managed to put freedom of the press beyond the reach of legislators. So it may take a while before cryptocurrencies are free of the AML-NSA-KYC surveillance plague.
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tvbcof
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Activity: 4760
Merit: 1282
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February 26, 2014, 06:40:25 AM |
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I'd advise that anyone who wants 'their' BTC back from Mt. Gox to make ready to register with the authorities and be prepared provide a credible and documented description of how those sent to Mt. Gox came into one's possession.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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Zarathustra
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Activity: 1162
Merit: 1004
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February 26, 2014, 07:31:35 AM |
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LOL @ unavailable bitcoins not lost.
HAHAHAHAHAHA!
The coins are stored in a brain wallet. He hopes that he'll remember the key sometime in the future. HOPE! HOPE for the species of the hopeful ones. |
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Carra23
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Activity: 980
Merit: 1000
Need a campaign manager? PM me
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February 26, 2014, 07:50:31 AM |
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It means the coins still exist; somewhere... He just doesn't own the private key for them...
Then why say temporarily? That indicates to me that they weren't stolen. When he said temporary it means, "We just haven't been able to buy them back yet..." Agree to this. the whole chain of events since gox blamed Bitcoin protocol stinks of manipulation. |
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Mythul
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February 26, 2014, 08:27:24 AM |
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My reply to MK:  |
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uhoh
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February 26, 2014, 09:39:10 AM |
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My reply to MK: I confess! I LOL'd |
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cr1776
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Activity: 4228
Merit: 1313
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February 26, 2014, 11:48:49 AM |
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The guy is a fraud. Don't believe a word he says. Even if he told the truth up there, he didn't specify if he was talking about the money on gox or his own personal money. Read closer.
In the chat he said all his bitcoins were at Gox. IF you believe him. |
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BidcoinBernd
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Activity: 26
Merit: 0
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February 26, 2014, 11:55:34 AM |
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"temporarily unavailable" means they want to rebrand, continue operation and earn the coins back. But it's unlikely that's gonna happen. The coins are gone.
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T.Stuart
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February 26, 2014, 12:25:59 PM |
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The guy is a fraud. Don't believe a word he says. Even if he told the truth up there, he didn't specify if he was talking about the money on gox or his own personal money. Read closer.
In the chat he said all his bitcoins were at Gox. IF you believe him. He did not say all the Bitcoins are at Gox. He said they are not "lost yet" just "temporarily unavailable".  Man it's got to be hard to say "all gone" but he's trying! |
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seldon
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February 26, 2014, 12:31:39 PM |
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Maybe the thief was stupid enough to actually use his real personal account? The coins will become available again, once the hitmen find him  |
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cbeast
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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February 26, 2014, 01:34:21 PM |
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Perhaps he made a 750K BTC nLockTime transaction for block #6,929,999 by mistake.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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solid12345
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Activity: 1246
Merit: 1000
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February 26, 2014, 03:14:42 PM |
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This reminds me of the scene in "The Master" where Joaquin Phoenix is imploring Philip Seymour Hoffman to just for once in his life, tell him something that is true!
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wobber
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Activity: 1064
Merit: 1001
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February 26, 2014, 03:21:14 PM |
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TRUE: if I send my coins to a random address, they;re not lost. Just temporarily unavailable (until I manage do crack the private key)
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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MinerLT
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February 26, 2014, 07:56:41 PM |
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TRUE: if I send my coins to a random address, they;re not lost. Just temporarily unavailable (until I manage do crack the private key)
Maybe super powerful pc can crack that within few years |
Success doesn't come to you…you go to it
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galbros
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Activity: 1022
Merit: 1000
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February 26, 2014, 10:11:08 PM |
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He's answering the question about how many coins he personally lost, I think the Gox coins are mostly gone.
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Skoupi
Sr. Member
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Activity: 252
Merit: 250
Skoupi the Great
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February 26, 2014, 10:20:48 PM |
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The more i hear from Karpeles the more i think that he doesn't have a clue about how big his business is and how much money are involved.
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jamesc760
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February 27, 2014, 12:31:24 AM |
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Don't believe a word out of his mouth. He's been trying to cover his butt ever since. Think of the hole he's in, and you can see why he's saying it. He's like a little child, caught red-handed and trying to come up with one excuse after another.
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Cluster2k
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Activity: 1692
Merit: 1018
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February 27, 2014, 01:02:22 AM |
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Quite clearly he's only stating how many bitcoins he has lost himself. That's what the question is asking. It does not refer to MtGox at all. Mark is doing the right thing by being very vague with his answers. What exactly does 'temporarily unavailable' mean? It can mean that I don't have the bitcoins right now, but in 5 minutes I will have them. See? I didn't lie.
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theomar
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Activity: 55
Merit: 0
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February 27, 2014, 01:09:21 AM |
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Karpeles has a lot of bitcoins. He is an early adopter and he was running one of the biggest exchanges. He must have more than 100k btc for himself in cold storage which was not related with mtgox. He is not an idiot he is told to pretend it. For sure a lot of bitcoins may have been lost but the problem here is the trust. If mtgox enable bitcoin withdrawals and the 550k costomers or a portion of them loose trust and try to sell their bitcoins then the price will go down down down... So the best strategy for him and for big investors is to claim that all btc had been lost if the majority eat that manipulation. The "leaked" document and the irc conversion is for testing reactions.
Pure manipulation...
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