Mt.Gox "finds 200K BTC in old wallets"

[Tugbit]

https://www.mtgox.com/img/pdf/20140320-btc-announce.pdf

http://www.hln.be/hln/nl/942/Economie/article/detail/1825128/2014/03/21/Mt-Gox-vindt-voor-86-miljoen-euro-aan-bitcoins-in-oude-portemonnees.dhtml    (Dutch)

[anu]

https://www.mtgox.com/img/pdf/20140320-btc-announce.pdf

http://www.hln.be/hln/nl/942/Economie/article/detail/1825128/2014/03/21/Mt-Gox-vindt-voor-86-miljoen-euro-aan-bitcoins-in-oude-portemonnees.dhtml    (Dutch)

Don't post such things - any news of MtGox results in an instant flash crash 

[Tugbit]

Sorry, didn't know that the M-word was taboo 

[anu]

Sorry, didn't know that the M-word was taboo 

Absolutely. Just imagine what will happen should the Exchange Which Must Not Be Named returns all deposits?! The mother of all crashes.

[nick32768]

The mother of all crashes.

I'm waiting for it.
In 3 days the Aurora Coins will go live and then we will see its real value... near zero ?

Nick.

[UnDerDoG81]

I was wondering that there is no thread about this topic here. Have read it in the german news 3 hrs ago. On golem.de or heise.de you can almost read weekly something new about Bitcoins. I count this as a good sign that Bitcoin will go mainstream soon.

[600watt]

I was wondering that there is no thread about this topic here. Have read it in the german news 3 hrs ago. On golem.de or heise.de you can almost read weekly something new about Bitcoins. I count this as a good sign that Bitcoin will go mainstream soon.

you are right. mainstream media is writing about bitcoin everyday in germany. just google bitcoin in the news section.





back to topic:

it is a b s o l u t e l y impossible to understand how 200 000 coins can get "lost" unnoticed.

maybe the authorities found some of the coins mk tried to steal and the "uups they were lost" story is a cover-up

[sgbett]

Interesting, could mean a return of 0.11-0.23BTC on the goxcoin. Depending on how fat the lawyers cut is

[alexeft]

https://www.mtgox.com/img/pdf/20140320-btc-announce.pdf

http://www.hln.be/hln/nl/942/Economie/article/detail/1825128/2014/03/21/Mt-Gox-vindt-voor-86-miljoen-euro-aan-bitcoins-in-oude-portemonnees.dhtml    (Dutch)

He "lost" them? 

[Asrael999]

I was wondering that there is no thread about this topic here. Have read it in the german news 3 hrs ago. On golem.de or heise.de you can almost read weekly something new about Bitcoins. I count this as a good sign that Bitcoin will go mainstream soon.

you are right. mainstream media is writing about bitcoin everyday in germany. just google bitcoin in the news section.





back to topic:

it is a b s o l u t e l y impossible to understand how 200 000 coins can get "lost" unnoticed.

maybe the authorities found some of the coins mk tried to steal and the "uups they were lost" story is a cover-up

articles in The Economist on bitcoin as well this week.

[piramida]

back to topic:

it is a b s o l u t e l y impossible to understand how 200 000 coins can get "lost" unnoticed.

maybe the authorities found some of the coins mk tried to steal and the "uups they were lost" story is a cover-up

Yep that looks like it. Either that, or he is a careless moron of cosmic proportions. I'd go with "tried to steal but got caught by the hand", though. To still have faith in humanity

However that still makes him a moron, as he should have waited for several years. But that's on understandable scale of stupidity. Other way, someone who runs a largest exchange but does not know balance of their own address which has 10% of all bitcoins ever mined at that point in time, and never in 4 years recalls where that coins went to, that would be just a ridiculous assumption, which would explain alot of unexplainable things in the whole MtGox situation, but raise much more questions. Like, how he managed to not forget how to breathe for so long.

[masterluc]

This reminds me wall street head lines

Oil, natural gas prices fall as supply reports spur worries over demand
Oil Futures Sag on Plentiful Supplies
...etc

 

[bennybong]

It's too be expected but that new statement is just such bollocks!

MtGox Co., Ltd. had certain old­format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins.

We're talking 200,000BTC here.... No way you can just forget about them/lose them/assume they're not there.

Mark is just realsing that he cannot keep this bullshit up, there's no fooling the btc community.... the media maybe, but not us.... so he's forfeitng some of his booty to keep the authorities happy. Now he just has to 'find' the rest.

These btc /should/ legally belong to us customers... Will we ever see any them again? That's the BTC750,000 question.

[piramida]

Mark is just realsing that he cannot keep this bullshit up, there's no fooling the btc community.... the media maybe, but not us.... so he's forfeitng some of his booty to keep the authorities happy. Now he just has to 'find' the rest.

I sometimes wish we were still in medieval times. Such problems were easily solved in minutes back then with some fire and metal sticks. Refreshes memory better than any amount of lawsuits.

[bennybong]

Mark is just realsing that he cannot keep this bullshit up, there's no fooling the btc community.... the media maybe, but not us.... so he's forfeitng some of his booty to keep the authorities happy. Now he just has to 'find' the rest.

I sometimes wish we were still in medieval times. Such problems were easily solved in minutes back then with some fire and metal sticks. Refreshes memory better than any amount of lawsuits.

Send him to the Tower of London! I'm 5 minutes away from there and would be happy to 'extract' my bitcoins from him!   

[Roccker]

850 000 bc lost
Now 200 000 bc found again

So every costumer gets about 1/4th of his bitcoins back?

[DubFX]

The mother of all crashes.

I'm waiting for it.
In 3 days the Aurora Coins will go live and then we will see its real value... near zero ?

Nick.

What does lead you to this...bitcoin will not fall or atleast not that soon.

Also abut this gox...just rofl i'm glad i never invested into them.

[Predatorian]

850 000 bc lost
Now 200 000 bc found again

So every costumer gets about 1/4th of his bitcoins back?

Would be really nice if that gonna be happen, but who knows which part of stolen btc they ''found''.
Good luck for all people who lost Bitcoin in gox.

[DubFX]

850 000 bc lost
Now 200 000 bc found again

So every costumer gets about 1/4th of his bitcoins back?

Would be really nice if that gonna be happen, but who knows which part of stolen btc they ''found''.
Good luck for all people who lost Bitcoin in gox.

I think that they found "their" one.

[esse83]

So I was rereading the crisis draft and then suddenly:

"We will need to inject fresh coins inside the system in order to establish a basis to eventually clear the books by running the exchange (perhaps 200,000 coins). " <-- Bam!

Well well well, look at that.