Honestly,
If they don't make people whole, this WILL be the end of Bitcoin. It could be the fatal flaw of bitcoin, its too hard to secure.
Topic: Gox Gone, Insolvent - page 4. (Read 13057 times)
I think this may be worse then I thought. I'm starting to think about how many people use gox, then I'm starting to think about how many of those people also trade in altcoins. It seems fair to me to assume that a fair amount do. Here's the problem: none of those users will feel safe using any exchange and there not going to want to bother installing 20 clients on their laptop to store their collection of coins.
This could actually be a crypto killer.
Just saying.
This could actually be a crypto killer.
Just saying.
bitfreak! said "This entire thing is mind blowing... a lot of people just got royally screwed by Gox and I feel sorry for them." A lot of people are having a good time laughing at us, but they don't appreciate that several weeks ago Gox started disallowing BTC withdrawals. In other words, they closed the god damned bank door. So how in hell were people supposed to take their coins out and excape this mes? They couldn't. It's not as if they were dumb just for trading on the most active exchange in the world. True enough, Gox was currupt as hell... but Gox offered by far the highest liquidity in the world. And any smart trader knows that the way to make money is to go where the money is traded. You don't make any money trading horses if you hang out at a stockyard that trades 5 horses a week. Bottom line... Gox closed the door weeks ago and wouldn't let traders out. They literally stole the coins. Criminal charges will surely by laid. And yes, I feel sorry for the victims too. Only classless assholes would laugh at them.
Yes hindsight is 20/20 and a lot of dumb people like to try to feel smart but claiming they knew what was going to happen. Gox has been having problems for about 10 months, but was still churning along, making millions in commissions, and there was no reason to think they were going under. Only recently after they shut down BTC withdrawls did it looks bad and of course was too late to get out.
bitfreak! said "This entire thing is mind blowing... a lot of people just got royally screwed by Gox and I feel sorry for them." A lot of people are having a good time laughing at us, but they don't appreciate that several weeks ago Gox started disallowing BTC withdrawals. In other words, they closed the god damned bank door. So how in hell were people supposed to take their coins out and excape this mess? They couldn't. It's not as if they were dumb just for trading on the most active exchange in the world. True enough, Gox was currupt as hell... but Gox offered by far the highest liquidity in the world. And any smart trader knows that the way to make money is to go where the money is traded. You don't make any money trading horses if you hang out at a stockyard that trades 5 horses a week. Bottom line... Gox closed the door weeks ago and wouldn't let traders out. They literally stole the coins. Criminal charges will surely by laid. And yes, I feel sorry for the victims too. Only classless assholes would laugh at them.
Mark better watch his back. I'm sure there are some not so nice people that would love to put a beating on his tubby ass.
They kept up with the BS until the bitter end. Oh we are just moving offices because of unspecified two person protests, not because we are hiding so you don't track us down after we run away.
Why won't they just die?
If this strategy draft is true, hopefully they keep their word as far as refunding all those coins.
At least they're showing Karpeles fat incompetent ass the door, but that exchange name will forever be known as "the crooked insolvent exchange" Mt. or no Mt. Gox.
Quick we need more people to quote this super important doc 
God damn it dewdeded did you really have to post those huge images when the link to the document has been posted multiple times? And god damn it Bobsurplus did you really have to quote all the images? *facepalm*
Image-Proxy is fucked, pix are under:
http://bitcoinhistory.net/Gox_Crisis_Draft/gox1.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox2.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox3.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox4.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox5.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox6.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox7.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox8.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox9.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox10.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox11.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox1.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox2.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox3.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox4.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox5.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox6.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox7.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox8.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox9.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox10.jpg
http://bitcoinhistory.net/Gox_Crisis_Draft/gox11.jpg
WTF.. its only loading parts but it looks really really interesting
All those people buying up gox btc feel pretty fucking stupid right about now.
You guys are too damn funny...
How are your other exchanges doing, BTW... Rising like a bat out of hell... right... lol.
Gox will be back up in a few minutes. As always.
How are your other exchanges doing, BTW... Rising like a bat out of hell... right... lol.
Gox will be back up in a few minutes. As always.
Want to bet on that?
Fuck I got goxxed.........
Finally the Gox is out of the game!
Support the good financial services that deserve our business.
Support the good financial services that deserve our business.
JED SAVE US!
You guys are too damn funny...
How are your other exchanges doing, BTW... Rising like a bat out of hell... right... lol.
Gox will be back up in a few minutes. As always.
How are your other exchanges doing, BTW... Rising like a bat out of hell... right... lol.
Gox will be back up in a few minutes. As always.
Goxers gotta gox
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