Topic: Mt Gox is dead. (Read 4838 times)

I think that BTC-e has great future. No veryfy?

Hurt Bitcoin in mainstream media, but was a good thing overall IMO.

yeah, gonna say it: This is BS

following this

maybe they found the missing 650k http://theblogchain.com/news/mtgox-found-bitcoin/

fuck mtgox. I lost btc there.

I was just going to post about that, as if they would just find them.

they found 200,000.00 BTC in an old wallet. So now "lost" btc are 650,000.00

this is for the bankruptcy they do I think have like 35mil in assets...but are what 750 million usd in debt

it will all be ate up by lawyers ....prev contracts ...salaries..rent...taxes etc

you get 1c on the dollar I'd be amazed

(Washington mutual refund holder..was a mortgage bank usa fines 500 million or some such I got a check for $10.38 usd
so if it is the same kinda bankruptcy deal...you are out of luck)

Searing

Funny how Mt. Gox is dead and yet there's a whole bi-product exchange going on, based solely on the potential of the recovery of coins.  My guess is people who have lost at Gox, are actually buying back GoxBux low in hopes to sell GoxBux high. exchanging and trading more etc...  Simply put, Goxxed traders should not get anymore sympathy if somehow Gox is re-established and they lose again. We can only care so much about your willingness to be screwed.

It seems MT will go on  ....

to whom it may interest...

An update on mtgox (R.I.P.) web site:

^this

Karpeles fears for his life.

Many Silk Road users invested in Gox.

They will not take this lying down.

I believe, he will try everything possible to resurrect.

the Japanese regulators and I assume law enforcement there say they have no power to look at or enforce laws on BTC

my guess is he will declare bankruptcy on his fiat $$$ in gox....and he actually COULD just take all the bitcoin for himself and walk

w/o penalty in that Japan considers btc play money and says they won't intervene...if find it interesting 1 week after the Japanese

regulators told him this he blacks out and walks from the site

so he may have just pulled of the greatest heist since gengis khan  in 'real money'

now if he really wants to take his toy and go home he just hast to sell large amounts of it ...drive price down to say 100 buck level

and then buy it back price rises to a level his ineptitude or other actions are covered with new $$$$
anyway
and viola ...we are back ..here is you btc now that we are back (worth 112 bucks) no fiat will be exchanged just coin

and he walks

w/o regulations no reason an exchange can't do this all day long all around the world .....the usa financial crisis w/o consequences

ie you me the btc market just eats this in price fluctuations ......

the above is worse case

imho I expect him to declare bankruptcy ....give exchange up to someone else for more $$$ and then he and us will get say
75% of our bitcoin only back (no fiat)...thru the new owner arrangement whatever

that is my best case

they botk kninda suck

  anyway woulda/coulda/shoulda that is the boundry line on both sides imho on how this will shake out

Searing

I logged in to MtGox and this is what I got.

https://dl.dropboxusercontent.com/u/22873106/mtgox%20dead.png

Well, Mt Gox may be dead or just in a temporary coma (http://www.reuters.com/article/2014/02/25/us-mtgox-website-idUSBREA1O07920140225) - at any rate, it's time for a serious exchange like Kraken.com to gain some market share https://www.kraken.com/...

yes its dead:




This is fucking shit. I invested a little in Gox, so its bad for me but its ok, i can take it.

But there are people with hundreds of BTC in them.

You should also check that document, its unofficial but worth reading it:

http://de.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

"Another fucking land!, Thats 14/17!"

Fuck gox, don't "hold out" form them, This is the fourth time they have Fucked up and cost people their bitcoins
Just LEAVE gox

That's not strictly true. The Bitcoins traded were real bitcoins from user accounts that people had deposited on GOX. The exchanges ability to provide solvency for those Bitcoins is something else entirely and something that's open to wide speculation.

Truth be told no one knows anything.