MTGOX IS NOW NAKED SHORT ON BITCOINS. IT DOES NOT HAVE THE BITCOINS IT SAYS IT DOES
THEY ARE MANIPULATING THE MARKET BY NOW SETTING THE PRICE TO 17.51
THEY ARE MANIPULATING THE MARKET BY NOW SETTING THE PRICE TO 17.51
but how do you know this?
Topic: 3 interesting replies found at mtgox website about the rolling back - page 3. (Read 6059 times)
June 19, 2011, 03:48:34 PM
but how do you know this?
June 19, 2011, 03:47:11 PM
I'll bet a bitcoin they will leave that message up for several days, give a few rounds of excuses, and their site will disappear by next week.
Any takers?
Any takers?
June 19, 2011, 03:45:07 PM
If you withdrew, they will rollback and subtract what you withdrew. If you withdrew more than you had before the rollback, they may have to just cover the losses. They've made enough to. I just hope they don't decide the losses are to much and restarting isn't worth it since they lost everyone's trust and disappear.
Perhaps they will put your account negative and require you to return the funds to continue trading.
Perhaps they will put your account negative and require you to return the funds to continue trading.
June 19, 2011, 03:42:26 PM
It's those replies on their site and a few others that led me to post this...
http://forum.bitcoin.org/index.php?topic=19587.0
http://forum.bitcoin.org/index.php?topic=19587.0
June 19, 2011, 03:39:55 PM
I agree. Im begining to think I might have some serious problems on my hands now.
June 19, 2011, 03:39:23 PM
MTGOX IS NOW NAKED SHORT ON BITCOINS. IT DOES NOT HAVE THE BITCOINS IT SAYS IT DOES
THEY ARE MANIPULATING THE MARKET BY NOW SETTING THE PRICE TO 17.51
THEY ARE MANIPULATING THE MARKET BY NOW SETTING THE PRICE TO 17.51
June 19, 2011, 03:37:22 PM
Jun-20 2011 04:42.
Why should everyone who profited from the crash suffer your inablitiy to secure the site?
Anyone who owns shouldn't have 500K in his Mt Gox account anyway (and make sure no one gets his/her password).
So, everyone who got cheap bitcoins today will have them reversed??? THAT is stealing!
Please give a statement to that!!!
----------------
Jun-20 2011 04:27.
I also don't see how you can rollback transactions without losses. I had a trade that executed as the market dropped, shortly after I got spooked and withdrew my BTC (less then 100 more then 10) to my wallet. That BTC is now in my wallet confirmed. How can you possibly roll that back?
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I don't think you're realizing what a disaster this is. You won't be able to rollback all the transactions because substantial amounts of Bitcoins have been withdrawn, and you can't just declare a price of $17.5 or reinstate people's orders to achieve that price because circumstances have changed. I would object strongly if my prior order is reinstated without giving me a chance to review the current, rather than past, conditions. What of people who both bought and sold after the hack?
Why should everyone who profited from the crash suffer your inablitiy to secure the site?
Anyone who owns shouldn't have 500K in his Mt Gox account anyway (and make sure no one gets his/her password).
So, everyone who got cheap bitcoins today will have them reversed??? THAT is stealing!
Please give a statement to that!!!
----------------
Jun-20 2011 04:27.
I also don't see how you can rollback transactions without losses. I had a trade that executed as the market dropped, shortly after I got spooked and withdrew my BTC (less then 100 more then 10) to my wallet. That BTC is now in my wallet confirmed. How can you possibly roll that back?
------------
I don't think you're realizing what a disaster this is. You won't be able to rollback all the transactions because substantial amounts of Bitcoins have been withdrawn, and you can't just declare a price of $17.5 or reinstate people's orders to achieve that price because circumstances have changed. I would object strongly if my prior order is reinstated without giving me a chance to review the current, rather than past, conditions. What of people who both bought and sold after the hack?
DON'T WORRY GUYS, MT. GOX HAS GOT THIS.
June 19, 2011, 03:34:41 PM
Jun-20 2011 04:42.
Why should everyone who profited from the crash suffer your inablitiy to secure the site?
Anyone who owns shouldn't have 500K in his Mt Gox account anyway (and make sure no one gets his/her password).
So, everyone who got cheap bitcoins today will have them reversed??? THAT is stealing!
Please give a statement to that!!!
----------------
Jun-20 2011 04:27.
I also don't see how you can rollback transactions without losses. I had a trade that executed as the market dropped, shortly after I got spooked and withdrew my BTC (less then 100 more then 10) to my wallet. That BTC is now in my wallet confirmed. How can you possibly roll that back?
------------
I don't think you're realizing what a disaster this is. You won't be able to rollback all the transactions because substantial amounts of Bitcoins have been withdrawn, and you can't just declare a price of $17.5 or reinstate people's orders to achieve that price because circumstances have changed. I would object strongly if my prior order is reinstated without giving me a chance to review the current, rather than past, conditions. What of people who both bought and sold after the hack?
Why should everyone who profited from the crash suffer your inablitiy to secure the site?
Anyone who owns shouldn't have 500K in his Mt Gox account anyway (and make sure no one gets his/her password).
So, everyone who got cheap bitcoins today will have them reversed??? THAT is stealing!
Please give a statement to that!!!
----------------
Jun-20 2011 04:27.
I also don't see how you can rollback transactions without losses. I had a trade that executed as the market dropped, shortly after I got spooked and withdrew my BTC (less then 100 more then 10) to my wallet. That BTC is now in my wallet confirmed. How can you possibly roll that back?
------------
I don't think you're realizing what a disaster this is. You won't be able to rollback all the transactions because substantial amounts of Bitcoins have been withdrawn, and you can't just declare a price of $17.5 or reinstate people's orders to achieve that price because circumstances have changed. I would object strongly if my prior order is reinstated without giving me a chance to review the current, rather than past, conditions. What of people who both bought and sold after the hack?
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