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sgk
Legendary
Offline
Activity: 1470
Merit: 1002
!! HODL !!
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July 23, 2014, 05:28:02 AM |
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....and give the revenues for the people affected by the exchange bankruptcy.
THAT, we'll have to see
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Ron~Popeil
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July 23, 2014, 05:53:33 AM |
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It would be nice if that got bid up a fair amount and he actually did use it to pay back customers. He will never reclaim his reputation, but every bit helps the people that lost so much there.
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Light
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July 23, 2014, 06:01:03 AM |
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If he gets his money, do you think maybe he'll pay us back?(Probably not, but worth the hope right? ) Aren't there thousands of creditors with the bankruptcy of Gox? If so you'll likely get a very small slice of what you've lost - doesn't make a big difference really aside from just looking a little better for Karpeles tattered reputation.
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icet208
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July 23, 2014, 06:26:33 AM |
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doubt that he will pay someone back.. Too small amount of money to pay back
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Cryptopher
Legendary
Offline
Activity: 1789
Merit: 1008
Keep it dense, yeah?
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July 23, 2014, 06:55:36 AM |
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I wonder what the plan of action is to pay people back, should that definitely be the case.
I mean is there a plan to settle on a % of pay back? Do they fulfil their payback to each person in full (or to the % of) before moving onto the next - that would require less administration than paying everybody a slice of auctions every now and again.
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Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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KriszDev
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July 23, 2014, 07:13:14 AM |
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Wow 750k $ for a domain name? ?
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ph111
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July 23, 2014, 07:18:17 AM |
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I think he will invest it in a pie factory
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Kayex
Member
Offline
Activity: 84
Merit: 10
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July 23, 2014, 07:19:17 AM |
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The amount of btc you'll get after that domain is bought is very small since there will be a lot of brokers taking their share of the btc they lost.
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Swordsoffreedom
Legendary
Online
Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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July 23, 2014, 07:35:41 AM |
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Only 19h and a couple minutes left on the internet portion of this auction http://domains.ha.com/itm/bitcoinscom/a/1120-49.sFrom that we know its less the $750 K atm but not the exact price Item Activity: 2 Internet/mail/phone bidders Two bids unknown amount will be interesting to see how this picks up later.
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djarot
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July 23, 2014, 07:40:02 AM |
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well I think all money from sale will not come anywhere near karpeles - administrators will process it. so many creditors to deal with, how to decide who gets a piece? somehow no point to divide 750k by total number creditors! but i know he also is trying to keep his other business running etc., i wonder where gets even money to do this! and whether he will auction more domains.....like mtgox.com? (or similar, do not remember url exactly)!
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Wesley
Newbie
Offline
Activity: 27
Merit: 0
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July 23, 2014, 07:57:21 AM |
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$750,000 is worth slightly over 1,000 BTC. Or about 0.15% of the total amount of BTC that Mt. Gox owes. There are individual people who lost more than this.
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Dogtanian
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July 23, 2014, 08:51:51 AM |
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Ugh, he shouldn't even auction this off. What if it falls into the hands of someone who will use it badly? He should just donate it to the community somehow. He's never going to earn enough money from this to pay everyone back anyway.
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onlyu
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July 23, 2014, 09:07:53 AM Last edit: July 25, 2014, 12:33:37 PM by onlyu |
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Doubt people will pay that much.
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Justin00
Legendary
Offline
Activity: 910
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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July 23, 2014, 09:08:15 AM |
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I can't really imagine the guy who actively stole BTC for 6+ months and could of told people not to deposit into Mtgox.. but didn't... would do anything for the community. He is one of the biggest scumbags.
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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July 23, 2014, 09:57:09 AM |
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I hope we will be able to pay in hamburgers and pizza and perhaps chicken wings with a milkshake.
I really hope he use the money for compensating people, so many people lost so much money.
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CrackedLogic (OP)
Legendary
Offline
Activity: 1050
Merit: 1000
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July 23, 2014, 10:11:40 AM |
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$750,000 is worth slightly over 1,000 BTC. Or about 0.15% of the total amount of BTC that Mt. Gox owes. There are individual people who lost more than this.
It's really disappointing to see about how greedy some people can really get. If he just stopped everything he could be making more money than he actually stole.
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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trace666
Member
Offline
Activity: 92
Merit: 10
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July 23, 2014, 12:07:21 PM |
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well I think all money from sale will not come anywhere near karpeles - administrators will process it. so many creditors to deal with, how to decide who gets a piece? somehow no point to divide 750k by total number creditors! but i know he also is trying to keep his other business running etc., i wonder where gets even money to do this! and whether he will auction more domains.....like mtgox.com? (or similar, do not remember url exactly)!
This would be true if the domain name was owned by MtGox or maybe Tibanne Ltd. If it is Mark's property the proceeds will likely not be affected by MtGox's bankruptcy at all.
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BowieMan
Full Member
Offline
Activity: 154
Merit: 100
Is there life on Mars?
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July 23, 2014, 12:11:58 PM |
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Let's do a quick calculation how many Frappucinos you can buy with that kind of money... He could have 3 Frappucinos per day and that for a whole 91 years!
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Baitty
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July 23, 2014, 12:13:08 PM |
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Honestly if he does pay us back then I would be impressed and my perspective of him would change.
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Currently held as collateral by monbux
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