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Author Topic: So ... who spent money on Gox trying to buy $100 coins?  (Read 4453 times)
jaybny
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March 01, 2014, 12:06:35 AM
 #21

Lots of people did.

Nobody thought they'd actually have 850,000 BTC missing.
actually the market "knew", and it was obvious

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March 01, 2014, 12:07:47 AM
 #22

so what is currently the best exchange to trade btcs on? I want to get into daytrading, but not sure what do people view as safest/most reliable exchange? I'm thinking of mixing it up on 2-3 exchanges evenly to minimize risks

Bitcoin is a long term investment.  I recommend people who want to get into investing in Bitcoin stop using it as a day trading tool.  I realize my suggestion will be ignored en masse, but its that nonsense that contributes to the volatility and subsequent LACK OF SUCCESS of bitcoin in the world.  Not that any of you day traders give a sh*t ...

-B-

Yeah i tried day trading, but got bitcoins stuck (bought) at 950 :-), and stucked they there still :-) (but not on gox).
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March 01, 2014, 12:17:32 AM
 #23

i know some who sent 10k € ....  Huh

it was a gamble. and they lose.

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March 01, 2014, 12:38:12 AM
 #24

The thing is all that money people put in the last month is still there. If GOX knew they already lost 850k bitcoins then it is straight up fraud on their part...if they knew they were fucked then they should have never allow money transfers and trading.

The transfer malleability was a coverup.

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mysidia
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March 01, 2014, 01:36:24 AM
 #25

i know some who sent 10k € ....  Huh  ...
it was a gamble. and they lose.

If they transferred funds in so recently, and they act quickly enough, from when the withdrawl first appears on their account: there may be some options to repudiate the transfer, and have the banks reverse it, as unauthorized or fraudulent.

They should seek legal advise.   Shocked

BTC: 1FbuJxZCeJUqrP7EpUkgMKWAmAA1M8gUBd
LTC: LbvomgbwKnqk47mWzALCDEoV8ydjxYYYpF
nairb131
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March 01, 2014, 01:49:00 AM
 #26

Luckily I got out of Gox early. I bought two GoxBTC at .3BTC each. So if I don't get them back that is what I lost.
Trance
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March 01, 2014, 01:51:35 AM
 #27

Lost 1k with them and 2k with BTCE

Apparently BTCE has a known rep for "selective" scamming, scamming 15%* of its victims and maybe 5% of those speak out and only end up looking like competitors bashing the exchange to the other 75%+ that have condoned successful business with them) this is the sad aspect of the crypto industry!

Some people are so poor ALL they have is money
Xubu
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March 01, 2014, 01:55:32 AM
 #28

I know a person who bought 80 Bitcoins at 140 dollar. And i can tell you that isa lot of money for that person. He is going trough hell i think. But how stupid is that? Think about it  Roll Eyes.

There is also a charity going on for the victims of Mt. Gox http://www.solidarity4mtgoxvictims.com:800

Flashman
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March 01, 2014, 01:59:55 AM
 #29

Lots of people did.

Nobody thought they'd actually have 850,000 BTC missing.
actually the market "knew", and it was obvious

Well my first read of the situation was mild incompetence compounded by their typical tendency to over-react to anything and completely fuck up the PR side, i.e. panic induced unnecessarily over a minor problem, so I was kind of expecting for any coins to be "made good" eventually, say in 2 months. Given that traders see that as an eternity and panic easily spreading among the sheeple contingent, I did not necessarily think the price was "too" cheap, and indicative of complete meltdown. However, knowing that Karpeles was a proud man and a tendency for the thinking over there to be "We am Bitcoin" as soon as he resigned the Bitcoin Foundation, I knew it was serious shit, so did not continue through other avenues (Such as Bitcoin Builder)

In general, due to their previous histrionics and dumbass plays, I avoided them for trading in the past, I mean what's the point of being on there to get the highest highs on the market if they're gonna lag 2 hours or shutter the doors. However, those seemed to be "short term untrustworthy" rather than "long term untrustworthy" kind of indicators.

Anyway, I'm rather relieved now that they have finally gone down the drain and their various incidences of stupidity are no longer going to affect the market for everyone else.

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_Miracle
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March 01, 2014, 02:30:26 AM
 #30

Almost spent $100. The site said it would have taken 11 days to get my funds in. When I laughed at the 11 day "estimate" and wondered if Gox would be there in 11 days, I laughed at myself and purchased from Coinbase.
I try to use bitcoin for occaisonal purchases.

Sometimes there's more truth in forums than anywhere else.  Twitter:  @cryptobitchicks   "I am expressing multiple attitudes simultaneously. To which are you referring?"
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March 01, 2014, 02:39:58 AM
 #31

Yep.  Sent 5K fiât.  Had 10 BTC in there too.  All post Gox withdrawal halt. 

~10K up a wild hogs ass.

What is it they say about a deal too good to be true?
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March 01, 2014, 02:44:25 AM
 #32

I know a person that bought 100 goxcoins at $100... it was a conscious gamble though... He has plenty of coins outside. I'm lucky I have a shitty bank so I figured it would take too long for them to send a wire anyway. Phew.
 

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March 01, 2014, 02:44:35 AM
 #33

Put in about $100. Knew the risk but figured it may be worth it. Whoops.

I just found goxcoins through bitcoinbuilder then when I went to mt gox it had been taken offline.  I guess I was really lucky because I would have totally traded .5 BTC for 1.5 Goxcoin.  Sorry for everyone elses losses.

MrPiggles
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March 01, 2014, 03:09:01 AM
 #34

Saw someone post that they'd spent $800k on gox coins.
Dunno if it was true or not, it was on this forum

Nobody gives a fuck about ripple
MrPiggles
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March 01, 2014, 03:11:02 AM
 #35


Lol I went on a buying spree on Gox over weekend and now either own 4200 Bitcoin or I own nothing at all and Karpeles has an extra $800k for frappucino.  It will be an interesting few weeks seeing which.

https://bitcointalk.org/index.php?topic=564.msg5336267#msg5336267

Nobody gives a fuck about ripple
hellscabane
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March 01, 2014, 04:57:31 AM
 #36

I know one person who spent $500 on those Gox coins.

Hell, I'll be honest though, if the price dropped to $10, I probably would've tried buying some.
seriouscoin
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March 01, 2014, 06:56:57 AM
 #37

I know one person who spent $500 on those Gox coins.

Hell, I'll be honest though, if the price dropped to $10, I probably would've tried buying some.

You're the perfect example of greedy pigs.

If the price is that low , then it even means something is wrong.

Its not about risk management, its about stupid greedy gamblingand we all know how that turns out.

What if i open an exchange, make the site looks "so nice and modern" that has btc priced at $10, would you send me money?

I'm actually glad idiots whos trying to buy btc at $100 lost all their money. They're never bitcoiners, just bunch of parasites who cares about profits and MONEY, fiat money.
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March 01, 2014, 07:53:31 AM
 #38

I know one person who spent $500 on those Gox coins.

Hell, I'll be honest though, if the price dropped to $10, I probably would've tried buying some.

You're the perfect example of greedy pigs.

If the price is that low , then it even means something is wrong.

Its not about risk management, its about stupid greedy gamblingand we all know how that turns out.

What if i open an exchange, make the site looks "so nice and modern" that has btc priced at $10, would you send me money?

I'm actually glad idiots whos trying to buy btc at $100 lost all their money. They're never bitcoiners, just bunch of parasites who cares about profits and MONEY, fiat money.



Aren't you just the most splendid example of a decent human[e] being? Please do continue to shine the way for all of us lowly ones.


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March 01, 2014, 10:42:12 AM
 #39

I would have if it wasn't for the compliance checks (rewarded to my laziness). Was a pain signing up for Bitstamp.
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March 01, 2014, 10:57:08 AM
 #40

I know a person who bought 80 Bitcoins at 140 dollar. And i can tell you that isa lot of money for that person. He is going trough hell i think. But how stupid is that? Think about it  Roll Eyes.

There is also a charity going on for the victims of Mt. Gox http://www.solidarity4mtgoxvictims.com:800



A charity for stupidity.....................  Roll Eyes  Remember kids...A fool & his Bitcoins are soon parted  Cheesy

I guess this is next for Gox............

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