omgbossis21
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July 24, 2014, 07:41:37 AM |
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Pay back his creditors? Filing bankruptcy? Isn't that the point of filing, so you don't have to pay them back ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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cryptopaths
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July 24, 2014, 07:42:43 AM |
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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! That was a pretty random calculation. I ran the calculation and those numbers are actually wrong. For purpose of this calculation let's say Mark is getting the biggest size Venti and the most expensive Frap is about $5 for a venti so let's use that price. 3x5=15x365=$5475 in one year. Now your calculation that $750k could only buy 91 years of frappucinos at 3 a day so lets run that number. $5475x91= $498225 You still have roughly $250k left over even if you buy the most expensive frappucino for 91 years. $750,000/$5475= 136.986 years of frappucinos
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smoothie
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LEALANA Bitcoin Grim Reaper
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July 24, 2014, 08:52:47 AM |
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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! That was a pretty random calculation. I ran the calculation and those numbers are actually wrong. For purpose of this calculation let's say Mark is getting the biggest size Venti and the most expensive Frap is about $5 for a venti so let's use that price. 3x5=15x365=$5475 in one year. Now your calculation that $750k could only buy 91 years of frappucinos at 3 a day so lets run that number. $5475x91= $498225 You still have roughly $250k left over even if you buy the most expensive frappucino for 91 years. $750,000/$5475= 136.986 years of frappucinos Assuming prices stay the same in dollar terms. lol likely will not be the case as the fed prints to infinity.
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,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
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bryant.coleman
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July 24, 2014, 10:18:25 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.
Hmm... the top five users of Mt Gox (> BTC10,000) had a total of BTC130,809 deposited between them at the time of robbery. The average holding was more than BTC26,000. That said, 0.15% of that figure ( BTC26,000) is still a very significant amount of money ( BTC39).
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DooMAD
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July 24, 2014, 05:11:21 PM |
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Good. I'd say that's the best course of action right now. I'd place more faith in the court's ability to arrive at a sensible decision than Karpeles. He wanted the chapter 15 bankruptcy protection and he can suffer the consequences of that choice, especially if that means not trying to sell bits off on the side to make a quick buck.
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robhimself
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July 24, 2014, 11:34:26 PM |
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How could he think this would be allowed by the creditors?
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Swordsoffreedom
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July 25, 2014, 03:03:58 AM |
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How could he think this would be allowed by the creditors?
Karpeles probably doesn't have much of an attachment to the users of his exchange One of those people who are like oh people have a lawsuit that's fine I'll just carry on with business as usual.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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JypsiCreme
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July 28, 2014, 06:23:48 AM |
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Mark Karpeles deserves a swift kick in the balls.
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Harley997
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July 30, 2014, 02:38:09 PM |
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He does deserve a kick in the balls, but if this domain does sell I can guarantee you that you still wont even see 0.00001 BTC in your account, the money has gone and you will never get it back, if anyone is holding hope just drop it Mtgox are only dragging it out saying they are trying to recover funds etc but we all know that its gone.
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ph111
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July 31, 2014, 01:36:11 AM |
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Claw hammer to the eyeball ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Gleb Gamow
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July 31, 2014, 02:02:35 AM |
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Claw hammer to the eyeball ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Pitchfork to the pinkie toe. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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jjc326
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July 31, 2014, 02:10:08 AM |
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No of course he wouldn't pay anyone back if the domain sold. If he was selling the domain name to pay people back he would have done it through the court and not just posted about it on Twitter!
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ponzigo
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July 31, 2014, 02:16:23 AM |
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Hes not gonna gives us our shit.
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Don't bring to bitcointalk your shitty scams. I'll try them and tell the truth.
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QuestionAuthority
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July 31, 2014, 03:32:09 AM |
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Honestly if he does pay us back then I would be impressed and my perspective of him would change.
Mine would change too. I would go from thinking he's a conman to thinking he's insane. There is absolutely no upside for him to do that at this point.
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Ron~Popeil
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July 31, 2014, 04:45:13 AM |
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Good. I'd say that's the best course of action right now. I'd place more faith in the court's ability to arrive at a sensible decision than Karpeles. He wanted the chapter 15 bankruptcy protection and he can suffer the consequences of that choice, especially if that means not trying to sell bits off on the side to make a quick buck. Agreed. When I first heard of this I hoped he would repay some of the money if he did get a good price. I think his advisors knew and would have told him this would happen. This was probably just an image rehab move.
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CrackedLogic (OP)
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July 31, 2014, 02:08:27 PM |
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Claw hammer to the eyeball ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Pitchfork to the pinkie toe. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Stub his toe on a table leg?
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BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES
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Gleb Gamow
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August 14, 2017, 06:28:46 PM |
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So, who one the auction?
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darkangel11
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Don't let others control your BTC -> self custody
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August 14, 2017, 06:52:38 PM |
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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.
Don't forget a frappuccino! I think he's being watched carefully. If he sold the domain and embezzled the money again, he'd go back to jail. If he really wanted to escape he had a chance right after the bankruptcy, when he was still free and had money in his pocket. Instead he stayed in Japan, bought a new apartment and attended court meetings. What about the remaining gox coins and BCC that was added on top of it?
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Pettuh4
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August 14, 2017, 09:08:14 PM |
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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.
Don't forget a frappuccino! I think he's being watched carefully. If he sold the domain and embezzled the money again, he'd go back to jail. If he really wanted to escape he had a chance right after the bankruptcy, when he was still free and had money in his pocket. Instead he stayed in Japan, bought a new apartment and attended court meetings. What about the remaining gox coins and BCC that was added on top of it? Bad debt i guess, he has got no shit to offer again and we are all waiting for the proceedings of the court and what the outcome of this case may gut be. I feel pity for him though.
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