Laosai
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February 27, 2014, 04:58:56 AM |
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When you can get $200 / bitcoin its already down out there its $600
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eldentyrell
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felonious vagrancy, personified
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February 27, 2014, 05:05:28 AM |
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My favorite theory is that MtGox recently discovered it is unable to access one or more cold wallets.
That's possible, but the leading theory is still this one: I don't think they lost 740,000BTC in the sense of "they had it" versus maybe they were selling Bitcoins they never really had in the first place. :-/
The 750k figure is just a ledger number. Has nothing to do with the blockchain.
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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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BTCisthefuture
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February 27, 2014, 05:08:48 AM |
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Unfortunately a lot of this has to do with user error. You should never trust your money with a 3rd party that offers no insurance. Especially a 3rd party that has reputation for being problematic.
Chalk it up as a harsh life lesson and in the future if you ever decide to put that amount of money into something, do your homework first. Some google searches and checking on here would have provided you with enough information for you to know how risky gox was/is.
If your money was in say coinbase, you'd still be fine. If you kept your bitcoins in your own personal wallets youd be fine. If you weren't activaley trading then you could have kept your fiat in a bank instead and have been fine.
Anyways lesson learned, try to understand though that bitcoin itself is still strong and fine.
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bassclef
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February 27, 2014, 05:09:59 AM |
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To be fair I really don't think he stole the bitcoins, I have a feeling people will get it back and it'll be a nice surprise for everyone
Ha! That'll be the day. Considering our history, though, nothing would surprise me at this point. Between the "leaked document" that is legit, then not legit, then legit again, and all the FUD going around, who the hell knows anymore.
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Coins4life
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February 27, 2014, 06:02:11 AM |
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Sorry for your loss I hope we all get our coins back!!!
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bazzanii
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February 27, 2014, 06:10:44 AM |
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Sorry to hear that! That's so sad but that's not the reason not to trust bitcoin community as it was MtGox false you've lost your money and MtGox is just a part of Bitcoin.
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eldentyrell
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felonious vagrancy, personified
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February 27, 2014, 06:53:19 AM |
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Unfortunately a lot of this has to do with user error. ... Chalk it up as a harsh life lesson ... Anyways lesson learned, try to understand though that bitcoin itself is still strong and fine.
A year from now people will be saying this about those who made the mistake of submitting AML/KYC docs.
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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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TERA
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February 27, 2014, 06:59:05 AM |
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I thought Satoshi is behind MTGOX.
What gave you this idea?
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Georgio
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February 27, 2014, 07:01:04 AM |
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Plot twist. Suddenly MtGox reopens and gives back the Bitcoins to everybody. The euphoria is massive. The price goes up to $1200 again. Mark Karpeles is a hero.
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Rillamik
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February 27, 2014, 07:03:53 AM |
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I feel sorry for you and people like you that trusted gox. I hope that you will be able to recover what you have lost.
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Bit_Happy
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A Great Time to Start Something!
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February 27, 2014, 07:05:02 AM |
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Plot twist. Suddenly MtGox reopens and gives back the Bitcoins to everybody. The euphoria is massive. The price goes up to $1200 again. Mark Karpeles is a hero.
Plot twist, Namecoin goes back above $10 each by Friday.
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Joohansson
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February 27, 2014, 07:15:43 AM |
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all peopel who didnt sell thirr mtgox btcs to chinee are idots and deserve their loss
What a retard thing to say! How the hell could new bitcoin investors like me know every past news about gox? I'm one of your "idiots" having some funds at gox because they seemed to me to be the only serious exchange when I joined the train (except I'm far from an idiot but highly educated). I did some research of course but I could only see issues they had with fiat withdrawals. How could I possibly know they would halt bitcoin withdrawals as well? That could easily happen with btc-e or bitstamp as well if they had technical issues they not telling users about. Edit: The research, conducted by Erin Buckels of the University of Manitoba and two colleagues, sought to directly investigate whether people who engage in trolling are characterized by personality traits that fall in the so-called Dark Tetrad: Machiavellianism (willingness to manipulate and deceive others), narcissism (egotism and self-obsession), psychopathy (the lack of remorse and empathy), and sadism (pleasure in the suffering of others).http://www.slate.com/articles/health_and_science/climate_desk/2014/02/internet_troll_personality_study_machiavellianism_narcissism_psychopathy.html
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pioter
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February 27, 2014, 07:16:09 AM |
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but you only lost 64000 dolars so why 200 000
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plis send btc : 1Dh194qAHCejvAYtS54j2n5p6MoK85PmcQ
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bbit
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Bitcoin
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February 27, 2014, 07:20:34 AM |
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all peopel who didnt sell thirr mtgox btcs to chinee are idots and deserve their loss
What a retard thing to say! How the hell could new bitcoin investors like me know every past news about gox? I'm one of your "idiots" having some funds at gox because they seemed to me to be the only serious exchange when I joined the train (except I'm far from an idiot but highly educated). I did some research of course but I could only see issues they had with fiat withdrawals. How could I possibly know they would halt bitcoin withdrawals as well? That could easily happen with btc-e or bitstamp as well if they had technical issues they not telling users about. Don't take people like that guy seriously. We've ALL lost Bitcoins via this heist both beginners and experts. Thanks for joining our community! Hang in there buddy!
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flyable (OP)
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February 27, 2014, 07:39:06 AM |
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but you only lost 64000 dolars so why 200 000
I do not think these insider tradings are legit. Actually I lost 320 btc at the end. The only reason I buy or sell the btc recently is for saving my money. I admit I am not a good speculator.
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yenom
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February 27, 2014, 07:54:48 AM |
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What I really want to know is why Karpeles wears a T-shirt when it's snowing. I've never used Gox, because I smelt a rat a long time ago.
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keithers
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This is the land of wolves now & you're not a wolf
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February 27, 2014, 08:17:40 AM |
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I don't want to sound jaded, but I am having a hard time believing this story. If you were moving around that kind of weight, you are almost 100% on the cutting edge of any breaking news, and i feel that you would have withdrawn some long ago. Either that, or 200k is play money for you so while it stings, ot doesnt break you. Cant figure out which I believe. If it is true, i am super sorry
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PLUSBITCOIN
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February 27, 2014, 08:21:26 AM |
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I have 206000 dollars in my MTGOX account before Feb.7. These money are sleeping in MTGOX for years. I trust MTGOX & Bitcoin foundation very much. I thought Satoshi is behind MTGOX. (I think I am a idiot!!) After a serials of good news and bad news and the market manipulation in these dark days, my balance is slim to 64000 dollars. I finally decide to retrieve the money via Bitcoin builder. I bought 320 btc at 200 in MTGOX. MTGOX suddenly shut down when I am withdrawing the bitcoin! I think all the money are gone. All I want is putting Mark Karpeles to the jail. I do not trust Bitcoin again. Your moneys is safe now, karpeles care of your money.
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ljudotina
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February 27, 2014, 08:22:29 AM |
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I think I am a idiot!!
If you didint withdraw at least half of what you got there after they started shutting down withdrawals, than yes, you are. After a serials of good news and bad news and the market manipulation in these dark days, my balance is slim to 64000 dollars. I finally decide to retrieve the money via Bitcoin builder. I bought 320 btc at 200 in MTGOX. MTGOX suddenly shut down when I am withdrawing the bitcoin! I think all the money are gone. All I want is putting Mark Karpeles to the jail. I do not trust Bitcoin again. You pretty much deserve what you got, as keeping most of your value on such a bad place that had to be ignored since summer last year is well...not smart. Natural selection i guess...
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Feri22
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February 27, 2014, 08:41:31 AM |
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....I do not trust MTGOX, I do not trust my ability to store BTC safely and ability to listen hundreds of warnings about situation around MTGOX again . FTFY It is not fault of Bitcoin...
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