michaelGedi
Sr. Member
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Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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March 07, 2014, 01:55:13 PM |
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I find this all incredibly exciting. I just can't decide whether to panic sell or panic buy. I am going to definitely do something in a panic.
panic sitting |
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kalisto
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March 07, 2014, 04:45:09 PM |
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If these are recovered Gox coins, then Gox could well be coming back. That's bad right, or is it good? I don't understand why these coins weren't disclosed in the official bankruptcy protection docs if there was a good chance they could get to them.
Gox is splitting their wallet with this function, https://gist.github.com/alainmeier/9319451#file-mtgox-php-L148Looks to me they are preparing the withdrawal process which is a good thing and proofs these coins are still in control of mtgox. |
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piramida
Legendary
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Activity: 1176
Merit: 1010
Borsche
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March 07, 2014, 04:53:53 PM |
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Looks to me they are preparing the withdrawal process which is a good thing and proofs these coins are still in control of mtgox.
wanna buy my mtgoxBTC?  cheap. even if by miracle they have a portion of their coins, the assclown Karpeles would figure out a way to fuck it up, for sure. |
i am satoshi
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TERA
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March 07, 2014, 05:19:02 PM |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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March 07, 2014, 05:29:06 PM |
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TERA, thank you for posting this image. Now, can someone trace those sums further, if they are being sent to known
exchange addresses, like Bitstamp, BTC-E, and in China? Just in case Karpeles decides to cash out his customers' coins?
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Sometimes, if it looks too bullish, it's actually bearish
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raid_n
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March 07, 2014, 05:33:46 PM |
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Don't be stupid
No one would ever cash out stolen coins like that directly.
You want them to go through a mixing process so it is almost impossible to tell where they came from. Else all you need to do is wait for the thieves to cash out their traded coins and get them through the traditional banking system.
Whatever this coin movement means at this stage you can't really tell what is happening. If those sums get thinned down enough to blend into a mixing service and that is being started then i'd start to get worried.
What's the saying here: Sell the rumor buy the news?
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porcupine87
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March 07, 2014, 05:42:33 PM |
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Why this odd numbers? Why did he not split up like -> 180 -> 85 + 95 -> (40 + 35)+(45 + 50) -> etc. Ok, another thing: Besides this 180 000btc which got to this german controlled IP there was another 19 999.99 from the same address which was relayed by the same address. This German IP relays a lot. I would say every 5th transaction of the whole network. https://blockchain.info/ip-address/5.9.24.81?offset=50 |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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March 07, 2014, 05:43:48 PM |
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Don't be stupid
No one would ever cash out stolen coins like that directly.
You want them to go through a mixing process so it is almost impossible to tell where they came from. Else all you need to do is wait for the thieves to cash out their traded coins and get them through the traditional banking system.
Whatever this coin movement means at this stage you can't really tell what is happening. If those sums get thinned down enough to blend into a mixing service and that is being started then i'd start to get worried.
What's the saying here: Sell the rumor buy the news?
Allegedly stolen coins, stolen only for someone who believes Karpeles. Given his history of lying, I don't. And yes, they could get tumbled before being sent to other exchanges, and will be almost impossible to track. Usually I don't have bitcoin dreams, but I took a nap and dreamed of MtGox allowing withdrawals again, but strangely the price was close to 100$. This could only happen several months from now, or soon if 180k Gox coins will be dumped on other exchanges. |
Sometimes, if it looks too bullish, it's actually bearish
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CryptoMinter
Newbie
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Activity: 53
Merit: 0
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March 07, 2014, 05:47:43 PM |
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Why this odd numbers? Why did he not split up like -> 180 -> 85 + 95 -> (40 + 35)+(45 + 50) -> etc.
Well the coins are behaving like they would had they just been loaded to the hot wallet of MtGox based on the leaked PHP code. The logic there was to split large outputs (>500 coins) every 10 minutes, randomly between 40 and 60% of the input to each new output. |
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raid_n
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March 07, 2014, 05:47:55 PM |
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Usually I don't have bitcoin dreams, but I took a nap and dreamed of MtGox allowing withdrawals again, but strangely the price was close to 100$.
This could only happen several months from now, or soon if 180k Gox coins will be dumped on other exchanges.
Gox dumps 180k coins all at once to minimize the amount of USD they get for them ... Come on, at least try to make plausible FUD |
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1464
Clueless!
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March 08, 2014, 01:41:03 PM |
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I find this all incredibly exciting. I just can't decide whether to panic sell or panic buy. I am going to definitely do something in a panic.
I myself am leaning toward 'panic'....(sigh) but I'm all in so let the ride begin I'm soooooo confused Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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zvs
Legendary
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Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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March 12, 2014, 12:48:01 AM |
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Why this odd numbers? Why did he not split up like -> 180 -> 85 + 95 -> (40 + 35)+(45 + 50) -> etc. Ok, another thing: Besides this 180 000btc which got to this german controlled IP there was another 19 999.99 from the same address which was relayed by the same address. This German IP relays a lot. I would say every 5th transaction of the whole network. https://blockchain.info/ip-address/5.9.24.81?offset=50 that's my dedicated server, and it has nothing to do with mtgox i keep the blockchain in ramfs & disable all logging |
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