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Topic: Bitcoinica liquidator wants to hear from users - page 11. (Read 64463 times)

hero member
Activity: 661
Merit: 500
At what price does BTC get to before we start to move on this?  The longer we wait, the worse mt gox looks, who knows what could happen to this company? 

If BTC goes back above 250 I really think we should start to talk more as a group.  This whole  situation is absurd.  It would be worth all users that want to do this to pay a percentage of their future holdings to some lawyer that actually has a fucking plan?  I mean I'm sorry, this liquadators are doing nothing, nor do they mind.  You know mt gox doesnt mind. 
hero member
Activity: 661
Merit: 500
I'm interested to hear more about options for suing if it gets people to start moving.  I guess it is the only thing to do since no one gives a fucking shit that is involved on the other side of this.  I mean seriously, wtf.
legendary
Activity: 1526
Merit: 1001
ughhhhhhhhhhhhhhhhhh

wtf

It is okay not all is lost, some people are still trying to sue some of the old bitcoin consultancy people even though they do not have the coins. Mt. Gox does...  Roll Eyes

Until people get focused on what we should do as a group nothing will happen.



There needs to be a coordinated attack on Gox. He will not move until someone forces him to. Isn't there anything we can do?

We can sue Gox. However some people are saying this is a bad idea and it is better to sue Patrick and Amir

Even if it brings a little more attention to him, some people also might want to sign this petition.

https://www.change.org/en-GB/petitions/cryptocurrency-community-remove-mark-karpeles-as-a-figurehead-of-crypto-bitcoin-foundation-and-anything-else-crypto
legendary
Activity: 1526
Merit: 1001
ughhhhhhhhhhhhhhhhhh

wtf

It is okay not all is lost, some people are still trying to sue some of the old bitcoin consultancy people even though they do not have the coins. Mt. Gox does...  Roll Eyes

Until people get focused on what we should do as a group nothing will happen.



There needs to be a coordinated attack on Gox. He will not move until someone forces him to. Isn't there anything we can do?
hero member
Activity: 661
Merit: 500
ughhhhhhhhhhhhhhhhhh

wtf
sr. member
Activity: 300
Merit: 250
Has anyone talked to mtux and gotten his stance on this?
legendary
Activity: 1022
Merit: 1000
Has anyone heard anything new on this lately?  Would it help to send emails to the liquidator again?

August 30

Quote
...
Time passes and we still without any news.
 
I would like know what is happening with this case.
 
Thanks in advance
 
Best regards.


Quote
....
I emailed to you on 4 June 2013 a copy of the Liquidators’ second report in the liquidation. We only send creditors a liquidation update being the Liquidators report on a 6 monthly basis.
...
newbie
Activity: 13
Merit: 0
Has anyone heard anything new on this lately?  Would it help to send emails to the liquidator again?
hero member
Activity: 547
Merit: 531
First bits: 12good
Any news past 2 months ?!
legendary
Activity: 1868
Merit: 1023
It does seem like the MtGox accounts would be controlled by someone.  Unless they are legally prevented from using them...  But even if they were legally prevented from using them, MtGox probably wouldn't know that.  And it'd be strange if someone was legally prevented from helping the liquidation process.  It might be more likely that they are avoiding it because they don't like the mess.
hero member
Activity: 616
Merit: 502
If a liquidator is appointed the new, does this mean that I have to send proof (GOX codes, transaction numbers) again to the new liquidator?
hero member
Activity: 661
Merit: 500
The thing I do not understand about this still is why Mt. Gox has any say at all about what happens to our coins.  Who originally gave them "control" of these assets (coins + cash)?  Can't this same person take it back and just work with the liquidators to give us our coins back?  It's been too long now and I can't remember all the details anymore.  This is getting super old. 
sr. member
Activity: 461
Merit: 251
Currently the fees have been under 1 percent.

Then we have a long wait ahead of us... Tongue
legendary
Activity: 1868
Merit: 1023
Currently the fees have been under 1 percent.
sr. member
Activity: 461
Merit: 251
It is interesting that they value the total claims in US dollars (1.59 million) and the presumed MtGox assets in both bitcoins (64,485) and dollars (134,000).

This probably means they are valuing claims at the existing exchange rate at the point of Bitcoinica's demise.  If so, even if they can only recover half of the bitcoins they are going to have a large surplus.

How are surpluses awarded in liquidation?  Do the limited partners get it?



How are they going to recover even half? They said they will need to sue Gox. But they have already taken the money we had as "fees".



They probably are just stalling so they can use half of it as "fees".
legendary
Activity: 1868
Merit: 1023
It is interesting that they value the total claims in US dollars (1.59 million) and the presumed MtGox assets in both bitcoins (64,485) and dollars (134,000).

This probably means they are valuing claims at the existing exchange rate at the point of Bitcoinica's demise.  If so, even if they can only recover half of the bitcoins they are going to have a large surplus.

How are surpluses awarded in liquidation?  Do the limited partners get it?

hero member
Activity: 616
Merit: 502
Well .. I received a second report. If anyone got it, retelling in a nutshell please what does it say? I can not select text and copy into Google translator.
sr. member
Activity: 461
Merit: 251
So, after burning through $56k of our money nothing has been done.  Gox wants verification that they can't provide so they just pretend to be working so they can collect a paycheck.  This is all so frustrating.  Angry
hero member
Activity: 661
Merit: 500
Wow, so just read this piece of shit.  Basically nothing at all has happened..(weird?).  Mt gox continues to be a bitch.  I am now ready to pitch-in whatever money I have to go after them if you all are willing to do this.  The liquidator obviously isn't going to do anything but suck money up. 
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