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Topic: Lawyer posts an interesting comment regarding suing Mt.Gox (Read 1279 times)

legendary
Activity: 826
Merit: 1002
amarha
I guess since Gox is in Japan, that helps them.

But what about American exchanges, now and in the future? Could the legal system bring them to their knees?
sr. member
Activity: 364
Merit: 250
They won't get far. All the people who are shouting and screaming and about to jump off some high building somewhere, were in this to make money quickly. To do that is a gamble, just like most games in a casino or a race at the track.

They gambled, they gambled money they could not afford to lose. They are fools, and will be laughed at.

Playing the cryptocurrency game for me is a nice steady trickle of earnings that pays for social and the odd holiday. If you've got the money and the cojones to take the risk, then good luck to you. I only ever took a risk once, during the Namecoin run, and lucky for me it paid off. But I never risked more than I could afford to lose. Even though I came way out on top, it still brings chills to me, thinking about the money spent on those trades. I sure as hell ain't got BIG cojones... just happy with the trickle of earnings Smiley

/thread
full member
Activity: 168
Merit: 100
They won't get far. All the people who are shouting and screaming and about to jump off some high building somewhere, were in this to make money quickly. To do that is a gamble, just like most games in a casino or a race at the track.

They gambled, they gambled money they could not afford to lose. They are fools, and will be laughed at.

Playing the cryptocurrency game for me is a nice steady trickle of earnings that pays for social and the odd holiday. If you've got the money and the cojones to take the risk, then good luck to you. I only ever took a risk once, during the Namecoin run, and lucky for me it paid off. But I never risked more than I could afford to lose. Even though I came way out on top, it still brings chills to me, thinking about the money spent on those trades. I sure as hell ain't got BIG cojones... just happy with the trickle of earnings Smiley
sr. member
Activity: 322
Merit: 252
Gettin' GOXXXED! F*ck yeah!
legendary
Activity: 826
Merit: 1002
amarha
http://www.reddit.com/r/Bitcoin/comments/1c5m6w/class_action_against_mtgox/c9da5zj

Pretty interesting. I don't think they would win the case, and I'm sure the lawyers would cost a huge amount.

Are people really going to be doing this? How will this affect us as a whole?
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