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Topic: Mt.Gox Bankruptcy - CNN States 1.75 Million BTC Lost (Read 4168 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."

CNN was a victim of the known sentence malleability bug.

lol
Deep. Probably CNN only keeps their fact checking behind their firewall and then feeds them to produce unreliable information, er wait, that's MSNBC, FOX,and CNBC.
donator
Activity: 1218
Merit: 1079
Gerald Davis

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."

CNN was a victim of the known sentence malleability bug.
legendary
Activity: 924
Merit: 1001
full member
Activity: 214
Merit: 100
Irresponsible journalism at it's finest complete hacks. The term Due Diligence escapes them.
legendary
Activity: 1008
Merit: 1000

I like reading such crap in the press about topics I am knowledgeable about. They remind me that articles about topics I have no clue about are probably crap, too, even if I lack the knowledge to see it. Such as gas attacks in Syria or revolts in Ukraine.

+1

One of those many things that Bitcoin taught me that has nothing to do with money
newbie
Activity: 37
Merit: 0
The mentally challenged media in the states keep saying ' bankruptcy' .  They should stick to reporting dog shows and celebrity gossip.
newbie
Activity: 56
Merit: 0

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."

It was lost in transaction.
legendary
Activity: 896
Merit: 1000
Waiting for FOX to report that it was 17.5 million Wink
And that they just printed more to cover their losses.

I can see it.

"Well why dont they just.. like, mine another 500k and give it to the exchange???"

hero member
Activity: 546
Merit: 500
hm
one year ago the price was at 36$. 64Mio$ are missing. 64 000 000/36 = 1.175Mio.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Waiting for FOX to report that it was 17.5 million Wink
And that they just printed more to cover their losses.
legendary
Activity: 1008
Merit: 1003
WePower.red

I like reading such crap in the press about topics I am knowledgeable about. They remind me that articles about topics I have no clue about are probably crap, too, even if I lack the knowledge to see it. Such as gas attacks in Syria or revolts in Ukraine.

That was exactly my thinking when I was reading things about bitcoin on some local known journals.
newbie
Activity: 42
Merit: 0
If only there were some mechanism or system out there to handle the micropayments for people doing the work.. hmmm.....if only....

Wow, great idea!

Why don't we create a digital currency... based on cryptography... without anyone controlling it... we could call it: 'bytecoin'.    Shocked

Nick.

jr. member
Activity: 55
Merit: 4
sounds like they added 750,000(clients) and what was supposed to be 100,000(company), but they saw 1,000,000.  Sad that armchair bloggers are more scrupulous than MSM and have been for some time. 

My solution: (Steal this idea)

Someone build a "skin" plug-in that sits on top of the articles, people can use the skin to rate sentences one by one. True, False, half-truth, unverifiable, etc..  the aggregated input is then calculated, and the plug-in will display the community consensus on the quality of the article.  You can look up authors past scores. You can see the score for a single sentence.  Contributors would get compensated by revenue generated by ads the plug-in presents while editing, maybe some contributors input is worth more than others.  If only there were some mechanism or system out there to handle the micropayments for people doing the work.. hmmm.....if only....
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol

I like reading such crap in the press about topics I am knowledgeable about. They remind me that articles about topics I have no clue about are probably crap, too, even if I lack the knowledge to see it. Such as gas attacks in Syria or revolts in Ukraine.
sr. member
Activity: 434
Merit: 250
they counted all the fingers of all the journalists they employ and halved it.

Wouldn't zero divided by two still be zero?

sorry, that should have read 'interns' i stand corrected  Grin
legendary
Activity: 1106
Merit: 1007
Hide your women

"Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm."
hero member
Activity: 490
Merit: 500
Clueless, irresponsible reporting
Not really a surprise but very disappointing
legendary
Activity: 2576
Merit: 1087
Waiting for FOX to report that it was 17.5 million Wink
hero member
Activity: 728
Merit: 500
they counted all the fingers of all the journalists they employ and halved it.

Wouldn't zero divided by two still be zero?
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