How is this even remotely a conspiracy? How could professional exchanges be responsible in any way in the Gox debacle? Since when is the Bitcoin Foundation mandated to protect Bitcoin users from doing business with incompetent amateurs? I really don't get your point.
The point is not about incompetent amateurs. The problem is that they knew and knew for some time - joint statements are not written at night or weekends. They are part of this because all of this falls made them profit in fees and whatsoever but they could've just saved face of the protocol and said that they believe MtGox is insolvent or practices controversial financial instruments.
Imagine the FUD coming out of WSJ, nasdaq.com and others when they start to dig into this?
Ver obviously knew, Schrem knew, all the guys listed on the joint statement knew.
There were magical sell walls on bitstamp - obvious inside - during the weekend. 10k coins!!! There was even a typical pump and dump. And now they even showed 5k btc to lower the 'pace'
The exchange transparency MUST BE IMPLEMENTED ASAP. All exchanges must send funds to their one wallet and announce it on their websites with dynamic response.
Topic: .................................................................. - page 4. (Read 8000 times)
February 24, 2014, 11:33:41 PM
February 24, 2014, 11:45:27 PM
The problem is that they knew and knew for some time - joint statements are not written at night or weekends.
Obviously they have been in the loop for some time, but we can't know if we're talking about hours, days, months or even years. We just don't know. Pasting conspiracy theories over this does not give more credit to your claim IMHO.
They are part of this because all of this falls made them profit in fees and whatsoever but they could've just saved face of the protocol and said that they believe MtGox is insolvent or practices controversial financial instruments.
Again, we don't know (if they shut up because they were greedy, because of this, of that... or because anyone who has done his research would never deposit a single dollar or bitcoin in an exchange that has been delaying withdrawals for months, partly in the open).
Like it or not, presenting suspicions as facts amounts to FUD. Moreover, even if they knew, it doesn't mean that they had the right to publicly disclose anything. And even if they had the right, they certainly didn't have any obligation. I believe that Bitcoin should be left to free market, and that regulation should be left to the government when it fails to be implemented by the protagonists themselves as a framework to that same free market.
Imagine the FUD coming out of WSJ, nasdaq.com and others when they start to dig into this?
It really seems we have opposing definitions of FUD. For me, seeking to uncover the truth and exposing it is the opposite of FUD.
The exchange transparency MUST BE IMPLEMENTED ASAP. All exchanges must send funds to their one wallet and announce it on their websites with dynamic response.
I agree with you, and I am optimistic about voluntary implementation of this by major, professional exchanges in the near future.
February 24, 2014, 11:42:18 PM
I don't buy this nonsense. How can something as obvious as gox's insolvency, which people have been worried about for a year or so, be a conspiracy? More FUD. The joint statement sounds very reasonable and is an appeal to common sense. Unlike this thread lol
February 24, 2014, 11:31:19 PM
Guys, don't want to spread FUD.
Just facts:
- All actors under joint statement KNEW ABOUT THE SITUATION.
That means all of them are pretty much responsible for this situation and most of all, they acted jointly. The first statement had insolvency written into, then they changed it. THEY ACTUALLY KNEW!!! AND THEY PROFITED OF PEOPLE BEFUDDLED BY STATEMENTS (Gox statements, blockchain, Roger Ver etc etc)
- Now that Gox will be gone EXPECT HEAVY REGULATORY RISK.
The first exchanges to go down will be probably Bitstamp and Btc-e as they are located in Europe and Europe will heavily regulate exchanges as they promised, especially off-shored ones.
Don't be surprised if you see this topic removed and my nickname banned because there is an agenda and corruption probably in the whole 'foundation' if not the whole 'core developers' team.
My suggestion - either keep USD/EUR mostly for now if you think you can handle loosing it or withdraw bitcoins if you believe in this beautiful technology.
I want to put a question of 'Bitcoin foundation' TRUST insolvency, as well as core developers and this forum administrators/moderators.
Just facts:
- All actors under joint statement KNEW ABOUT THE SITUATION.
That means all of them are pretty much responsible for this situation and most of all, they acted jointly. The first statement had insolvency written into, then they changed it. THEY ACTUALLY KNEW!!! AND THEY PROFITED OF PEOPLE BEFUDDLED BY STATEMENTS (Gox statements, blockchain, Roger Ver etc etc)
- Now that Gox will be gone EXPECT HEAVY REGULATORY RISK.
The first exchanges to go down will be probably Bitstamp and Btc-e as they are located in Europe and Europe will heavily regulate exchanges as they promised, especially off-shored ones.
Don't be surprised if you see this topic removed and my nickname banned because there is an agenda and corruption probably in the whole 'foundation' if not the whole 'core developers' team.
My suggestion - either keep USD/EUR mostly for now if you think you can handle loosing it or withdraw bitcoins if you believe in this beautiful technology.
I want to put a question of 'Bitcoin foundation' TRUST insolvency, as well as core developers and this forum administrators/moderators.
Careful OP. Moderators here aren't going to take kindly to anything negative about MTGOX. They will quickly dump your post into "Service" even though your post is a general post not just about MTGOX but about Bitcoin. Or worse, they'll delete your post.
February 24, 2014, 11:27:25 PM
How is this even remotely a conspiracy? How could professional exchanges be responsible in any way in the Gox debacle? Since when and who mandated the Bitcoin Foundation to protect Bitcoin users from doing business with incompetent amateurs if they want to? I really don't get your point.
Magic: the Gathering Online eXchange had already lost my confidence when they skewed up big time back in April 2013. As far as I'm concerned, since then I never traded a single coin or penny with them. Obvious is obvious.
Magic: the Gathering Online eXchange had already lost my confidence when they skewed up big time back in April 2013. As far as I'm concerned, since then I never traded a single coin or penny with them. Obvious is obvious.
Quote
When I see a bird that walks like a duck and swims like a duck and quacks like a duck, I call that bird a duck.
February 24, 2014, 11:15:21 PM
I'm not trying to stir shit here. I'm not saying sell or buy. I'm saying look the fuck out because these guys FIRST released a READY statement in the deep night and next they CHANGE it to the one more reflecting reality.
I find that interesting as well. I am sure they had something planned previous to this. I am sure it will all come out soon enough.
February 24, 2014, 11:12:17 PM
I'm not trying to stir shit here. I'm not saying sell or buy. I'm saying look the fuck out because these guys FIRST released a READY statement in the deep night and next they CHANGE it to the one more reflecting reality.
February 24, 2014, 11:13:45 PM
It never fails. Any post that starts with, "don't want to spread FUD. Just facts." is filled with FUD and has very few facts.
February 24, 2014, 11:06:20 PM
Guys, don't want to spread FUD.
Just facts:
Just facts:
Well that would be good, but typically when someone starts by saying that, 99% of the time, they follow it up with FUD, and not facts. We'll see.
That means all of them are pretty much responsible for this situation and most of all, they acted jointly.
See what I mean? That's not a "fact", but it is FUD.
The first exchanges to go down will be probably Bitstamp and Btc-e
And yet again. Not a fact. Just more FUD.
Don't be surprised if you see this topic removed and my nickname banned because there is an agenda and corruption probably in the whole 'foundation' if not the whole 'core developers' team.
You'll note that your FUD is still here. Clearly you are mistaken.
My suggestion - either keep USD/EUR mostly for now if you think you can handle loosing it or withdraw bitcoins if you believe in this beautiful technology.
I want to put a question of 'Bitcoin foundation' TRUST insolvency, as well as core developers and this forum administrators/moderators.
I want to put a question of 'Bitcoin foundation' TRUST insolvency, as well as core developers and this forum administrators/moderators.
It never fails. Any post that starts with, "don't want to spread FUD. Just facts." is filled with FUD and has very few facts.
February 24, 2014, 11:02:29 PM
- Now that Gox will be gone EXPECT HEAVY REGULATORY RISK.
The first exchanges to go down will be probably Bitstamp and Btc-e as they are located in Europe and Europe will heavily regulate exchanges as they promised, especially off-shored ones.
The first exchanges to go down will be probably Bitstamp and Btc-e as they are located in Europe and Europe will heavily regulate exchanges as they promised, especially off-shored ones.
I agree that this will bring major attention to Bitcoin "money transmitters" and the risk of problems for them has now gone up a fair bit. Don't necessarily agree they will be forced to close. It's even more of a possibility now though.
February 24, 2014, 10:59:58 PM
Bad press, you don't get what FUD will start now because of their actions.
If it would be banks people would lynch each other.
Don't try to protect those liars, these guys knew what they were doing. It's OBVIOUSLY a conspiracy.
First yesterday Ver started to back off, then today the 'changed' joint statement.
WAKE THE FUCK UP.
If it would be banks people would lynch each other.
Don't try to protect those liars, these guys knew what they were doing. It's OBVIOUSLY a conspiracy.
First yesterday Ver started to back off, then today the 'changed' joint statement.
WAKE THE FUCK UP.
February 24, 2014, 10:58:27 PM
chuck norris would
February 24, 2014, 10:58:15 PM
Bitcoin exchange rates being influenced by media reports and rumours probably these people wouldn't have wanted a bad press for Bitcoin.
February 24, 2014, 10:57:03 PM
Would Hugh Hefner sell right now?
February 24, 2014, 10:49:16 PM
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