Author

Topic: 200,000BTC found by MtGox - coincidence? (Read 1294 times)

legendary
Activity: 1008
Merit: 1000
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
legendary
Activity: 1008
Merit: 1000
March 30, 2014, 07:40:50 AM
#9
This prove that Mtgox is a scam.

You can't really say that, there would be always a chance that it could be a coincidence. You never know.
sr. member
Activity: 259
Merit: 250
March 27, 2014, 06:06:16 AM
#8
This prove that Mtgox is a scam.
hero member
Activity: 545
Merit: 500
March 27, 2014, 05:54:32 AM
#7
I don't get why this thread is not getting more attention. It appears Karpeles is following a plan to deceive the customers once again after running off with millions of dollars of wealth and there's 3 replies!?

+1

It got some attention @ reddit

http://www.reddit.com/r/Bitcoin/comments/210c8y/so_i_was_reading_the_mtgox_crisis_draft_again/
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
March 26, 2014, 08:34:24 PM
#6
Yes, and it all coincided with Bruce Wagner disappearing all of a sudden. Hell, the last time he was online was almost a year ago. I know he had 25,000 bitcoins on mybitcoin which he "claims" he lost.
full member
Activity: 164
Merit: 100
Indie Developer
March 26, 2014, 08:31:51 PM
#5
I don't get why this thread is not getting more attention. It appears Karpeles is following a plan to deceive the customers once again after running off with millions of dollars of wealth and there's 3 replies!?
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
March 26, 2014, 07:20:26 PM
#4
They keep "finding" coins.  I'm not sure what we've to think about them.

All I know is that I stay far, far, far away from MtGox. I do this since I joined the Bitcoin Community, and I'm glad doing that has saved me a lot of money.
newbie
Activity: 43
Merit: 0
March 26, 2014, 07:11:18 PM
#3
...
full member
Activity: 164
Merit: 100
Indie Developer
March 25, 2014, 10:41:08 PM
#2
MtGox is not the first exchange were owners claimed they were robbed, ran with the money and later gave the victims part of the money back:

Quote
According to an anonymous high-profile source, the first and original bitcoin scam was the online coin wallet Mybitcoin.com. People would deposit hundreds of thousands of coins there, as the currency was new and hundreds of thousands of coins weren’t yet worth a lot.

Then, on July 29, 2011, the site went blank, just like the Gox website did. People panicked and gradually accepted a catastrophic loss of funds.

On August 11, 14 days later, the site came back online and declared – just like Gox – that they “had been hacked”, had filed for bankruptcy protection, just like Gox, but “had managed to recover” 49% of the funds. People could fill out claim forms to recover these funds – 49% of their original balance. As this was enough time for most people to internalize the loss, they were happy again at the sudden windfall; things suddenly weren’t as bad as they had seemed. In the meantime, the anonymous person who ran mybitcoin.com disappeared with a huge amount of money, according to the source.

In other words, the scam cynically exploited people’s loss and grief to actually make them happy when they got something back. Most “hacks” of bitcoin sites since then have actually been copycat scams of mybitcoin.com, again according to this source. - See more at: http://www.dailytech.com/Bitcoin+King+Pt+II+Mt+Goxs+Dictator+Karpels+Proves+Tragically+Flawed/article34452.htm#sthash.upwWVHJk.dpuf
sr. member
Activity: 350
Merit: 250
Bitcoin is the future...
March 25, 2014, 05:35:34 PM
#1
This is from leaked crisis strategy draft page 7:

Part 1: To reduce liabilities
The stakeholders of MtGox are not the owners, but everyone in Bitcoin. This is sad but the reality. The current situation will negatively affect everyone who owns or operates in Bitcoin. 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). The costs of not doing so are incalculable at this stage.
Jump to: