Bitcoin Forum
May 04, 2024, 12:20:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Can MtGox sell my BTC stored in MtGox and then buy it back later ?  (Read 940 times)
finway (OP)
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


View Profile
October 18, 2011, 10:31:33 AM
 #1

Just curious.
If he does, he should pay me interests.

1714782055
Hero Member
*
Offline Offline

Posts: 1714782055

View Profile Personal Message (Offline)

Ignore
1714782055
Reply with quote  #2

1714782055
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714782055
Hero Member
*
Offline Offline

Posts: 1714782055

View Profile Personal Message (Offline)

Ignore
1714782055
Reply with quote  #2

1714782055
Report to moderator
kokjo
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000

You are WRONG!


View Profile
October 18, 2011, 10:40:52 AM
 #2

they *can*. but i don't think the do

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
worldinacoin
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
October 18, 2011, 11:01:46 AM
 #3

In theory, anyone can do anything but they do have a reputation to protect.  Being the largest bitcoin exchange, why would they risk their reputation?
gnaget
Full Member
***
Offline Offline

Activity: 154
Merit: 102


View Profile
October 18, 2011, 03:19:52 PM
 #4

Of course they can, just like any bank.  How do you think Bank of America pays all those mortgages?  Rarely do banks pay interest, unless you promise to store your money there long term.
Andrew Vorobyov
Hero Member
*****
Offline Offline

Activity: 558
Merit: 500



View Profile
October 18, 2011, 03:45:49 PM
 #5

In theory, anyone can do anything but they do have a reputation to protect.  Being the largest bitcoin exchange, why would they risk their reputation?

Money... that's the reason...

Thing that they were not audited ( were not they? ) gives a chance that this can be happening... Sitting on such big pile of cash can shift your business practice.... They can be doing it with small % of the funds at their disposal just to gain extra $... but I don't think they can do it with amounts enough to move the market....

Anyway, it's my IMHO only... and they can be clean as a child's tear ( or maybe not Smiley )
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!