Gox released a document earlier today,
https://www.mtgox.com/img/pdf/20140320-btc-announce.pdf
The Gox aftershocks continues.
Topic: MtGox announce finding of 200,000 lost BTC! - page 5. (Read 30576 times)
Why the decline in the last couple of weeks?
good news?
I bet he deliberately hide them in "old wallets" that only he knew about. If they were ever found, he could claim they were transferred there "by mistake". If no one found out....
legendary
Activity: 2884
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Leading Crypto Sports Betting & Casino Platform
So did this hit any media newsstations yet or are they having to much fun talking about volatility and the sort
BBC is pretty high-profile.
Ah thanks didn't see that since its not in the Press forum just Coindesk presently
https://bitcointalksearch.org/topic/2014-03-20-cd-mt-gox-may-hold-118-million-200000-btc-in-funds-524257
I'll go add it
https://bitcointalksearch.org/topic/2014-03-21-bbc-mtgox-finds-200000-missing-bitcoins-in-old-wallet-524590
Done Thanks
So did this hit any media newsstations yet or are they having to much fun talking about volatility and the sort
BBC is pretty high-profile.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
So did this hit any media newsstations yet or are they having to much fun talking about volatility and the sort
Check cnn or mtgox website for English ..
Two words: Mickey mouse...
Well this is the final nail in the "malleability" theft claim coffin at least, gonna run to the store for some more popcorn. Them "finding" 200k just made every "silly" theory more likely, one thing is for sure and that is that the majority of the coins weren't stolen, at least not as claimed by malleability.
I might have to buy myself a new face after all the face palm abuse I'll be dealing with as this unravels!
I might have to buy myself a new face after all the face palm abuse I'll be dealing with as this unravels!
In response to this recent news Mark Karpeles (former Mt.Gox CEO) has explained, and I quote:
"MtGox had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins"
Does Mark have a history of saying "which MtGox thought"...?
Perhaps when he is lying it's easier to say "MtGox thought" than "I thought"?
Any hard-core liars care to comment?
"MtGox had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins"
Does Mark have a history of saying "which MtGox thought"...?
Perhaps when he is lying it's easier to say "MtGox thought" than "I thought"?
Any hard-core liars care to comment?
You're all sitting pretty up there on your high horses eh?
Let he who has never lost $100 million down the back of the couch cast the first stone.
Let he who has never lost $100 million down the back of the couch cast the first stone.
Better link:
I literally find this unbelievable.
only 9 days late?
New developments on the infamous Mt.Gox tragedy have been released.
200,000 Bitcoins have been discovered in a confirmed Mt.Gox offline wallet.
In response to this recent news Mark Karpeles (former Mt.Gox CEO) has explained, and I quote:
"MtGox had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins"
So here's the rundown. Mark Karpeles's private stash of 200,000 BTC have been discovered and the lying SOB says that
he had "No Idea they were there" You can read the full article here: http://www.bbc.com/news/technology-26677291
-- Thoughts and Opinions guys? ---
200,000 Bitcoins have been discovered in a confirmed Mt.Gox offline wallet.
In response to this recent news Mark Karpeles (former Mt.Gox CEO) has explained, and I quote:
"MtGox had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins"
So here's the rundown. Mark Karpeles's private stash of 200,000 BTC have been discovered and the lying SOB says that
he had "No Idea they were there" You can read the full article here: http://www.bbc.com/news/technology-26677291
-- Thoughts and Opinions guys? ---
I literally find this unbelievable.
Quote from: Falkvinge
According to an anonymous high-profile source, the first and original bitcoin scam was the online coin wallet Mybitcoin.com. People would deposit hundreds of thousands of coins there, as the currency was new and hundreds of thousands of coins weren’t yet worth a lot.
Then, on July 29, 2011, the site went blank, just like the Gox website did. People panicked and gradually accepted a catastrophic loss of funds.
On August 11, 14 days later, the site came back online and declared – just like Gox – that they “had been hacked”, had filed for bankruptcy protection, just like Gox, but “had managed to recover” 49% of the funds. People could fill out claim forms to recover these funds – 49% of their original balance. As this was enough time for most people to internalize the loss, they were happy again at the sudden windfall; things suddenly weren’t as bad as they had seemed. In the meantime, the anonymous person who ran mybitcoin.com disappeared with a huge amount of money, according to the source.
In other words, the scam cynically exploited people’s loss and grief to actually make them happy when they got something back. Most “hacks” of bitcoin sites since then have actually been copycat scams of mybitcoin.com, again according to this source. If – repeat, if Empty Gox is executing a copycat scam, we should expect the site to offer their clients a portion of the holdings back, a portion probably lower than 50% (just to drive the point home), and that offer should appear on or about March 11, 2014. Time will tell.
- falkvinge.net...Copycat Scam? headingThen, on July 29, 2011, the site went blank, just like the Gox website did. People panicked and gradually accepted a catastrophic loss of funds.
On August 11, 14 days later, the site came back online and declared – just like Gox – that they “had been hacked”, had filed for bankruptcy protection, just like Gox, but “had managed to recover” 49% of the funds. People could fill out claim forms to recover these funds – 49% of their original balance. As this was enough time for most people to internalize the loss, they were happy again at the sudden windfall; things suddenly weren’t as bad as they had seemed. In the meantime, the anonymous person who ran mybitcoin.com disappeared with a huge amount of money, according to the source.
In other words, the scam cynically exploited people’s loss and grief to actually make them happy when they got something back. Most “hacks” of bitcoin sites since then have actually been copycat scams of mybitcoin.com, again according to this source. If – repeat, if Empty Gox is executing a copycat scam, we should expect the site to offer their clients a portion of the holdings back, a portion probably lower than 50% (just to drive the point home), and that offer should appear on or about March 11, 2014. Time will tell.
only 9 days late?
omg this guy is such a joke
I suppose this is more evidence of mind-boggling incompetence at Mt. Gox. Imagine a bank (or any other company) just "losing" a quarter of their assets for a couple years.
Audits are a pain, but they are our friend.
Audits are a pain, but they are our friend.
This is exactly why regulation is a good thing. It's funny how so much of the community wants everything to be completely free and unregulated until something goes wrong, then straight to the cops and the courts! Can't have it both ways people.
I just wanted to stop by and say that I do not want it both ways. Keep your cops and your courts. I'll take full responsibility for my bitcoins, even if something goes wrong, thank you very much.
Amen to that!!!
I really hope they will return my BTC.
Just stopping by to direct my 2 minutes of hate to the fat smug sleazeball, may he rot in jail. (i didn't have any skin in his con, yet as a btc proponent i DO know he set the clock back a year).
I suppose this is more evidence of mind-boggling incompetence at Mt. Gox. Imagine a bank (or any other company) just "losing" a quarter of their assets for a couple years.
Audits are a pain, but they are our friend.
Audits are a pain, but they are our friend.
This is exactly why regulation is a good thing. It's funny how so much of the community wants everything to be completely free and unregulated until something goes wrong, then straight to the cops and the courts! Can't have it both ways people.
I just wanted to stop by and say that I do not want it both ways. Keep your cops and your courts. I'll take full responsibility for my bitcoins, even if something goes wrong, thank you very much.
His cat ate the keys and they recently came out the other end. Sounds improbable? Same as the whole Gox theft.
This is exactly why regulation is a good thing.
It's funny how so much of the community wants everything to be completely free and unregulated until something goes wrong, then straight to the cops and the courts!
Can't have it both ways people.
It's funny how so much of the community wants everything to be completely free and unregulated until something goes wrong, then straight to the cops and the courts!
Can't have it both ways people.
Yes you can. Its called a fully decentralized exchange, with no need for a trusted third party. You've got an activity level of 500. You should know that the technology currently on the table has capabilities far reaching beyond whats currently implemented. Give it time. The entire point of this paradigm shift is removing the fallibility of human beings from the equation entirely. That includes the regulators, who are many times corrupt themselves.
-B-
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