Topic: Gox has all the coins! (Read 464 times)

1. In their latest announcement, MtGox has stated that bitcoin withdrawals will resume once the technical issue is addressed.

2. In the same announcement, it was fairly obvious that their staff was involved in the process of handling failed transactions. In other words, they were not automatically resending new bitcoins just because a transaction failure has been detected by their system.

3. It was also fairly obvious now that those transaction recasters were mainly trying to cause broad service disruption and panic than trying to scam a particular exchange. To scam the exchange, they'd have to risk exposing their registered identities. To recast the transactions they can pick on any transaction, not just those related to their account so it will be a lot more effective to those who seek real financial gains from all this.

4. "This means that an individual COULD request bitcoins from an exchange or wallet service, alter the resulting transaction's hash before inclusion in the blockchain, then contact the issuing service while claiming the transaction did not proceed. If the alteration fails, the user can simply send the bitcoins back and try again until successful." - Even Gox sounds rather uncertain and speculative about the real scamming activities.

So now, stop feeding the idea that they're somehow short on coins.