Bitcoin Forum
April 21, 2019, 09:20:41 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2014-06-01] CD: Can Chinese Exchange OKCoin Rescue Mt Gox Creditors?  (Read 709 times)
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
June 01, 2014, 09:12:40 PM
Last edit: June 01, 2014, 09:22:47 PM by LiteCoinGuy
 #1

Can Chinese Exchange OKCoin Rescue Mt Gox Creditors?

http://webcache.googleusercontent.com/search?output=search&sclient=psy-ab&q=cache%3Ahttp%3A%2F%2Fwww.coindesk.com%2Fcan-chinese-exchange-okcoin-rescue-mt-gox-creditors%2F&oq=cache%3Ahttp%3A%2F%2Fwww.coindesk.com%2Fcan-chinese-exchange-okcoin-rescue-mt-gox-creditors%2F&gs_l=hp.3..0l4.22648.27927.0.28059.12.11.0.1.1.0.279.1189.2j1j4.7.0....4...1c.1.45.psy-ab


?


can´t believe that some stupid people kept 5 million in mtgox... Lips sealed

1555881641
Hero Member
*
Offline Offline

Posts: 1555881641

View Profile Personal Message (Offline)

Ignore
1555881641
Reply with quote  #2

1555881641
Report to moderator
1555881641
Hero Member
*
Offline Offline

Posts: 1555881641

View Profile Personal Message (Offline)

Ignore
1555881641
Reply with quote  #2

1555881641
Report to moderator
1555881641
Hero Member
*
Offline Offline

Posts: 1555881641

View Profile Personal Message (Offline)

Ignore
1555881641
Reply with quote  #2

1555881641
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555881641
Hero Member
*
Offline Offline

Posts: 1555881641

View Profile Personal Message (Offline)

Ignore
1555881641
Reply with quote  #2

1555881641
Report to moderator
1555881641
Hero Member
*
Offline Offline

Posts: 1555881641

View Profile Personal Message (Offline)

Ignore
1555881641
Reply with quote  #2

1555881641
Report to moderator
1555881641
Hero Member
*
Offline Offline

Posts: 1555881641

View Profile Personal Message (Offline)

Ignore
1555881641
Reply with quote  #2

1555881641
Report to moderator
viajero
Member
**
Offline Offline

Activity: 108
Merit: 10


View Profile
June 01, 2014, 11:50:28 PM
 #2

Why did coindesk deleted the articel right away?
bryant.coleman
Legendary
*
Offline Offline

Activity: 2058
Merit: 1011


https://amastar.net


View Profile
June 02, 2014, 05:26:46 AM
 #3

Why did coindesk deleted the articel right away?

Probably the news was fake, and CoinDesk quickly made the page offline. They do that time-to-time. At least, unlike the other major news outlets, they don't stick with the false news articles.  Grin


                                                ▄
                                                ▒▌
                                               ███
                                              ▒███▌
                                             ▐█████▌
                                             ███▒███
                                            ███▌ ▐███
                                           ▐███   ▒██▌
                                          ▐▒██     ███▌
                      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▌     ▐███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀███████████████████▌       ▒███████████████████▀
                                                                ▄▄███▀
     ▐██████▌      ▒█████▌     █████▒       ███▒███          ▄▄███▀
    ▐███  ███▌     ▒██▌▒███   ███▒▒█▒      ███▌ ▒███      ▄▄███▀
   ▄███▒  ▐▒██▌    ▒██▌ ▒███ ███  ▒█▒     ███▒   ▒███   ▄███▀
  ▒████████████▌   ▒██▌  ▒█████   ▒█▒   ▐█████████████▄ ███▌
 ▒███        ████  ▒██▌   ▐███    ▒█▒  ▐▒██▒       ▒██▒▌▐███
                                              ▄███▄      ▒██▌
                                           ▄████▀████▄    ▒██▌
                                        ▄████▀     ▀████▄  ███
                                     ▄████▀           ▀████████
                                  ▄████▀                 ▀█████▌
                                ▐███▀                       ▀███
                                ▒▀                             ▀▒
..
AmaStar
















EARN
FOR
PORN














Bonus from 20%
Ambassador pornstars














ANN   Whitepaper   Telegram   
BountyLinked In   Twitter   
                    ▄
                   ▓▓
                  █▓▓▓
                 ▐▓▓▓▓█
                 ▓▓▓▓▓▓
                ▓▓▓▓▓▓▓▓
               █▓▓▓▓▓▓▓▓█
▀██████████████▓▓▓▓▓▓▓▓▓▓██████████████▀
  ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
     ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
          ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
         ▐▓▓▓▓▓▓▓▀    ▐▓▓▓▓▓▓▓█
         ▓▓▓▓▓▀          ▐▓▓▓▓▓▄
        ▓▓▓▓                ▀▓▓▓
       ▐▓                      ▓▀
viajero
Member
**
Offline Offline

Activity: 108
Merit: 10


View Profile
June 02, 2014, 09:19:57 AM
 #4

Why did coindesk deleted the articel right away?

Probably the news was fake, and CoinDesk quickly made the page offline. They do that time-to-time. At least, unlike the other major news outlets, they don't stick with the false news articles.  Grin


There is no News in the article that could possibly be fake.
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
June 02, 2014, 12:44:34 PM
 #5

its back online, check CD. strange.

Bit_Happy
Legendary
*
Offline Offline

Activity: 1904
Merit: 1019


A Great Time to Start Something!


View Profile
June 02, 2014, 04:27:42 PM
 #6

One name that crops up whenever recovery plans for Mt. Gox are mentioned is one of China’s largest bitcoin exchanges, OKCoin.

That’s probably for a good reason. On an as-yet-unofficial basis, the company is known to be interested in backing its own team in Japan to put Gox back on its feet and take some steps towards making creditors whole.

OKCoin CEO Star Xu told CoinDesk during a recent interview in Beijing that the idea had been suggested to him by some Japan-based friends, and that he personally thought resurrecting the once-dominant exchange and attempting to return its customers’ funds was important to the entire bitcoin community.

He also added it would be a lengthy process that could take years to realise.

OKCoin says it is not considering a direct takeover of Mt. Gox, but rather it wants to leverage its experience by licencing exchange and security technology under a new team that would possibly feature some OKCoin personnel....


its back online, check CD. strange.

Here is the link, which isn't currently in this thread:
http://www.coindesk.com/can-chinese-exchange-okcoin-rescue-mt-gox-creditors


EDIT:
Sunlot vs. OKCoin?
Sunlot Holdings features several people clearly connected to the USA Gov't and others (at least one) who could easily be blackmailed/compromised.
OKCoin is already running an exchange and I know nothing about their leaders.
^^^Sounds like OKCoin is the much better choice, does anyone know info about who runs it?

FYI: We are <snip>
bambino
Member
**
Offline Offline

Activity: 111
Merit: 10


View Profile
June 02, 2014, 04:49:28 PM
 #7

IMO, Mt Gox needs to stay dead cos nobody will be confident to use an exchange with that name.

Levis
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
June 02, 2014, 05:05:23 PM
 #8

I feel if Gox's creditors were reimbursed they would immediately try to sell whatever bitcoins were received, causing a price crash
Bit_Happy
Legendary
*
Offline Offline

Activity: 1904
Merit: 1019


A Great Time to Start Something!


View Profile
June 02, 2014, 07:17:05 PM
 #9

I feel if Gox's creditors were reimbursed they would immediately try to sell whatever bitcoins were received, causing a price crash

Let's think that one through:
1) People actually looking to sell their BTC for cash would have sold long ago (and been stuck waiting for fiat or sold on another exchange)
2) The coins sitting on Gox were for traders, a few merchants who wanted BTC not fiat, and "lazy" people who used Gox as a wallet with (maybe) occasional trading.
Why would they sell more than a little bit Bitcoin, when these are people who were not trying to sell in the first place?

FYI: We are <snip>
bryant.coleman
Legendary
*
Offline Offline

Activity: 2058
Merit: 1011


https://amastar.net


View Profile
June 03, 2014, 06:49:25 AM
 #10

These OK coin guys are also first class con artists, just like those Mt Gox guys. They have always inflated the trade data, and tried to manipulate the market exchange rates.


                                                ▄
                                                ▒▌
                                               ███
                                              ▒███▌
                                             ▐█████▌
                                             ███▒███
                                            ███▌ ▐███
                                           ▐███   ▒██▌
                                          ▐▒██     ███▌
                      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▌     ▐███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀███████████████████▌       ▒███████████████████▀
                                                                ▄▄███▀
     ▐██████▌      ▒█████▌     █████▒       ███▒███          ▄▄███▀
    ▐███  ███▌     ▒██▌▒███   ███▒▒█▒      ███▌ ▒███      ▄▄███▀
   ▄███▒  ▐▒██▌    ▒██▌ ▒███ ███  ▒█▒     ███▒   ▒███   ▄███▀
  ▒████████████▌   ▒██▌  ▒█████   ▒█▒   ▐█████████████▄ ███▌
 ▒███        ████  ▒██▌   ▐███    ▒█▒  ▐▒██▒       ▒██▒▌▐███
                                              ▄███▄      ▒██▌
                                           ▄████▀████▄    ▒██▌
                                        ▄████▀     ▀████▄  ███
                                     ▄████▀           ▀████████
                                  ▄████▀                 ▀█████▌
                                ▐███▀                       ▀███
                                ▒▀                             ▀▒
..
AmaStar
















EARN
FOR
PORN














Bonus from 20%
Ambassador pornstars














ANN   Whitepaper   Telegram   
BountyLinked In   Twitter   
                    ▄
                   ▓▓
                  █▓▓▓
                 ▐▓▓▓▓█
                 ▓▓▓▓▓▓
                ▓▓▓▓▓▓▓▓
               █▓▓▓▓▓▓▓▓█
▀██████████████▓▓▓▓▓▓▓▓▓▓██████████████▀
  ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
     ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
          ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
         ▐▓▓▓▓▓▓▓▀    ▐▓▓▓▓▓▓▓█
         ▓▓▓▓▓▀          ▐▓▓▓▓▓▄
        ▓▓▓▓                ▀▓▓▓
       ▐▓                      ▓▀
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!