Gox is now blaming protestors for holding up FIAT and BTC

bei_neureichs

newbie

Activity: 27

Merit: 0

Well you can't blame Gox.

The sight of two gentlemen peacefully protesting with laptops and a webcam would create such a disturbance and riots in the streets that Gox would have to pack up everything and move to a new location.

Karpeles needs to get his fat ass kicked.

A price on his head is coming closer if loose my coins.

Fuck YOU MT GOX!

bananas

sr. member

Activity: 364

Merit: 257

Quote from: Scriptiee on February 20, 2014, 05:55:28 AM

I for one dont understand the protesters. To be honest there is nothing they can gain from going there, only incur extra losses for paying for travel (say london to Japan costs a bit)

It's not like the company is public and they have shares in it, it's private. Instead of wasting their time up there they should review their legal options.

Probably all or most of their savings are there, and they got desperate. Not rational but easy to understand. I would have paid a lawyer intead of spending with trips.

severance26

member

Activity: 70

Merit: 10

Quote from: grifferz on February 20, 2014, 07:47:10 AM

Quote from: severance26 on February 20, 2014, 07:40:45 AM

Quote from: grifferz on February 20, 2014, 07:20:20 AM

Quote from: odolvlobo on February 20, 2014, 06:06:16 AM

My guess is that the move has nothing to do with security and that they had to move because they can no longer pay the rent.

I would find it more likely that the management and other tenants in the multi-tenant office got upset with the demonstration and attention.

While it is possible that MtGox is insolvent when it comes to paying out everyone deposits of fiat and BTC, the income from the transaction fee on trades is significant so I would have thought they would use that for rent.

i cant agree with that. Gox took up four of eight floors. and as pointed out, the demonstrations werent demonstrations at all.

they are taking in a million USD a month, thats now, with their reduced market share. there rent is miniscule. i linked their rents in the main bitching thread. rent doesnt touch their monthly income. they cant just move in a day either, they must have had both offices the whole time.

but why am i even responding to you trolls?

You appear to have just agreed with me.

touche, salesman...

grifferz

full member

Activity: 154

Merit: 100

Quote from: severance26 on February 20, 2014, 07:40:45 AM

Quote from: grifferz on February 20, 2014, 07:20:20 AM

Quote from: odolvlobo on February 20, 2014, 06:06:16 AM

My guess is that the move has nothing to do with security and that they had to move because they can no longer pay the rent.

I would find it more likely that the management and other tenants in the multi-tenant office got upset with the demonstration and attention.

While it is possible that MtGox is insolvent when it comes to paying out everyone deposits of fiat and BTC, the income from the transaction fee on trades is significant so I would have thought they would use that for rent.

i cant agree with that. Gox took up four of eight floors. and as pointed out, the demonstrations werent demonstrations at all.

they are taking in a million USD a month, thats now, with their reduced market share. there rent is miniscule. i linked their rents in the main bitching thread. rent doesnt touch their monthly income. they cant just move in a day either, they must have had both offices the whole time.

but why am i even responding to you trolls?

You appear to have just agreed with me.

severance26

member

Activity: 70

Merit: 10

Quote from: grifferz on February 20, 2014, 07:20:20 AM

Quote from: odolvlobo on February 20, 2014, 06:06:16 AM

My guess is that the move has nothing to do with security and that they had to move because they can no longer pay the rent.

I would find it more likely that the management and other tenants in the multi-tenant office got upset with the demonstration and attention.

While it is possible that MtGox is insolvent when it comes to paying out everyone deposits of fiat and BTC, the income from the transaction fee on trades is significant so I would have thought they would use that for rent.

i cant agree with that. Gox took up four of eight floors. and as pointed out, the demonstrations werent demonstrations at all.

they are taking in a million USD a month, thats now, with their reduced market share. there rent is miniscule. i linked their rents in the main bitching thread. rent doesnt touch their monthly income. they cant just move in a day either, they must have had both offices the whole time.

but why am i even responding to you trolls?

grifferz

full member

Activity: 154

Merit: 100

Quote from: odolvlobo on February 20, 2014, 06:06:16 AM

My guess is that the move has nothing to do with security and that they had to move because they can no longer pay the rent.

I would find it more likely that the management and other tenants in the multi-tenant office got upset with the demonstration and attention.

While it is possible that MtGox is insolvent when it comes to paying out everyone deposits of fiat and BTC, the income from the transaction fee on trades is significant so I would have thought they would use that for rent.

Zarathustra

legendary

Activity: 1162

Merit: 1004

Quote from: lumierre on February 20, 2014, 06:16:30 AM

Somebody should organize a boycott mtgox campaign.

Somebody? Do it!

hilariousandco

global moderator

Activity: 3990

Merit: 2717

Join the world-leading crypto sportsbook NOW!

Quote from: TheButterZone on February 20, 2014, 06:28:29 AM

Quote from: lumierre on February 20, 2014, 06:16:30 AM

Somebody should organize a boycott mtgox campaign. Remove mtgox from indexes, price charts, btc news sites, wallets, etc. Ignore any news that comes out from mtgox. The longer we continue giving press to mtgox, the more the people who will fall victim from depositing to that exchange to buy goxcoins.

It's already in play, but it hasn't gone far enough. There should be a reverse countdown clock everywhere saying something like "No MtGox executives or employees have been arrested since" (2009/10/29 as base date http://www.tokyo-cci.or.jp/english/ibo/2353440.htm)

Most people are boycotting it and have been for a while. I think pretty much the only people who use it are done so by force because they've got money stuck there.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: lumierre on February 20, 2014, 06:16:30 AM

Somebody should organize a boycott mtgox campaign. Remove mtgox from indexes, price charts, btc news sites, wallets, etc. Ignore any news that comes out from mtgox. The longer we continue giving press to mtgox, the more the people who will fall victim from depositing to that exchange to buy goxcoins.

It's already in play, but it hasn't gone far enough. There should be a reverse countdown clock everywhere saying something like "No MtGox executives or employees have been arrested since" (2009/10/29 as base date http://www.tokyo-cci.or.jp/english/ibo/2353440.htm)

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: jubalix on February 20, 2014, 05:25:16 AM

https://www.mtgox.com/img/pdf/20140220-Announcement.pdf

Quote

Tokyo, Japan, February 20th, 2014!
"
"
Dear MtGox Customers,"
"
"
Thank you for your patience this week while we are working on re-initiating bitcoin
withdrawals. In addition to the technical issue, this week we have experienced some
security problems, and as a result we had to relocate MtGox to our previous office building
in Shibuya (details can be found here https://support.mtgox.com/home). The move,
combined with some other security and technical challenges, pushed back our progress."
"
As much as we didn’t want to only provide an “update on an update”, this is the current
status. We are committed to solving this issue and will provide more information as soon
as possible to keep everyone in the loop."
"
We are very sorry for the delays and deeply appreciate your kind understanding and
continuous support."
"
Best regards,"
"
"
MtGox Team

what a bunch of hooey....sheesh....paper wallets are flying out of gox to the owners/inverstors as we speak before bankruptcy declared...

and if they do declare bankruptcy...the bitcoin likely will not factor into this

gonna be brutal imho

Searing

lumierre

full member

Activity: 862

Merit: 100

Somebody should organize a boycott mtgox campaign. Remove mtgox from indexes, price charts, btc news sites, wallets, etc. Ignore any news that comes out from mtgox. The longer we continue giving press to mtgox, the more the people who will fall victim from depositing to that exchange to buy goxcoins.

hilariousandco

global moderator

Activity: 3990

Merit: 2717

Join the world-leading crypto sportsbook NOW!

Quote from: disclaimer201 on February 20, 2014, 06:02:30 AM

This is becoming a satirical reality. So funny! Delays because of angry protestors! Next up on AlJazeera: Ukrainian conditions at MtGox hq! Two-headed squirrel sighted!

Getting more popcorn!

Yeah, next it'll be closed because Mark didn't get his morning Frappuchino.

odolvlobo

legendary

Activity: 4466

Merit: 3391

My guess is that the move has nothing to do with security and that they had to move because they can no longer pay the rent.

disclaimer201

legendary

Activity: 1526

Merit: 1001

This is becoming a satirical reality. So funny! Delays because of angry protestors! Next up on AlJazeera: Ukrainian conditions at MtGox hq! Two-headed squirrel sighted!

Getting more popcorn!

securityguy

newbie

Activity: 35

Merit: 0

Quote from: Sheldor333 on February 20, 2014, 05:58:09 AM

No details of anything and no info on when to expect the next update. So they're going to use the protests as an excuse to not finish the fix for bitcoin withdrawals?
Here's an angle I didn't see coming. I feel sorry for the real people with hard earned cash tied up in this clusterfuck.

The gox is still not as bad as a Cyprus style bail in!

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

They will use a flake of snow melting on Mt Fuji as a bloody excuse. Unacceptable.

Sheldor333

sr. member

Activity: 406

Merit: 250

Quote

Tokyo, Japan, February 20th, 2014! " " Dear MtGox Customers," " Thank you for your patience this week while we are working on re-initiating bitcoin withdrawals. In addition to the technical issue, this week we have experienced some security problems, and as a result we had to relocate MtGox to our previous ofﬁce building in Shibuya (details can be found here https://support.mtgox.com/home). The move, combined with some other security and technical challenges, pushed back our progress." " As much as we didn’t want to only provide an “update on an update”, this is the current status. We are committed to solving this issue and will provide more information as soon as possible to keep everyone in the loop." " We are very sorry for the delays and deeply appreciate your kind understanding and continuous support." " Best regards," " " MtGox Team

No details of anything and no info on when to expect the next update. So they're going to use the protests as an excuse to not finish the fix for bitcoin withdrawals?
Here's an angle I didn't see coming. I feel sorry for the real people with hard earned cash tied up in this clusterfuck.

Scriptiee

sr. member

Activity: 249

Merit: 250

I for one dont understand the protesters. To be honest there is nothing they can gain from going there, only incur extra losses for paying for travel (say london to Japan costs a bit)

It's not like the company is public and they have shares in it, it's private. Instead of wasting their time up there they should review their legal options.

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

https://www.change.org/en-GB/petitions/petition-to-remove-mark-karpeles-from-the-board-of-the-bitcoin-foundation

xU2

newbie

Activity: 16

Merit: 0

Quote from: ?? on ??

Well you can't blame Gox.

The sight of two gentlemen peacefully protesting with laptops and a webcam would create such a disturbance and riots in the streets that Gox would have to pack up everything and move to a new location.

Karpeles needs to get his fat ass kicked.

at least some people have the balls to go and protest

Topic: Gox is now blaming protestors for holding up FIAT and BTC (Read 3033 times)