Topic: mtgox chat from today ! we still alive !!!! he is not finished at all ! (Read 4017 times)

Karpeles has a lot of bitcoins. He is an early adopter and he was running one of the biggest exchanges. He must have more than 100k btc for himself in cold storage which was not related with mtgox. He is not an idiot he is told to pretend it. For sure a lot of bitcoins may have been lost but the problem here is the trust. If mtgox enable bitcoin withdrawals and the 550k costomers or a portion of them loose trust and try to sell their bitcoins then the price will go down down down... So the best strategy for him and for big investors is to claim that all btc had been lost if the majority eat that manipulation. The "leaked" document and the irc conversion is for testing reactions.

Pure manipulation...

Agreed.  It's not the cat's fault, unless the cat deleted the cold wallet.

I've read a lot of speculation about this (including time-stamped cold storage on stolen coins etc.) but unfortunately I fear the more mundane explanation - that Mark is simply referring to the fact that withdrawals have not yet been opened - is the most likely.

And also that this is just him going through the motions of drawing out the official line started weeks ago... when he realised Gox had completely run out of juice.

Seriously if any Goxxed yakuza are reading this please don't hurt the cat.

"Temporarily unavailable"
could be referring to the accounts that have been frozen by the US because of their links to Silk Road. I believe there are a number of them and perhaps Mark doesn't even have the private keys for these coins anymore.

The $367 million dollar cat...

I really think you should go back through my posts of the last two weeks before suggesting that I didn't see through any lies. I haven't believed a word that Karpeles has said since he first lost the customer DB in 2011. It absolutely did not require any sort of special ability to see where this was going. And if you're wrong about me you can bet you are wrong about a lot of people.

The volume of topics calling bullshit over a period of years disagrees with your statement.

Did you even look as far as the topic on MtGox here in this subforum that has 200 pages of people being able to "see through his continuous lying."

What a bizarre position to take.

What's sad is that Gox was the entry point for a lot of n00bs.

It's like if AOL took in a bunch of people and then killed their internet forever.  Massive fuck up.

You felt something wrong in MtGox, your fear justified, but you did not see through the lies.

I'll give you examples: the blame on Transaction Malleability is wrong, but few saw its purpose; multiple delay in fixing and few saw through the smoke grenade that they are using the time to seek bail-out. MtGox is manipulating the market price, but only a few (e.g. JorgeStolfi) can do the math and calculate that the hole is larger than what they can redeem through inside trading, and it is again to buy time for bail out. Everyone know MtGox was cheating but only a few know (not feels) they would not survive this time. In the noises, hard fact predicting MtGox's insolvent was very few, and most have bet MtGox's survival as an insignificant power. Nobody was bold enough to point out they are not only insolvent, but lost 99.8% of customer's coins, no one predicted something even near that.

After the fact everyone can say "I knew they were evil and I knew something was wrong", that is far from seeing truth through the lies. I think Mark K lied well.

You must be joking right? There are threads going back years of people burnt by MtGox and not going back.

You didn't need to be a visionary to see the writing on the wall even ebfore fiat withdrawals became difficult.

We are (braindead not being able to see through his continuous lying). There are only a few members on this forum who saw through his continuous lying before the revelation.

So MtGox must be his first business devotion, because if he had another he would not have given it up to run MtGox. It is difficult to let go of your first business, since it defined you "so far". Yongsters do think like that. When you run the 2nd and 3rd business you slowly realize your business does not define you - it is the moment you start to build personal integrity and stop to attach so much emotion to business ("I'll never give up").

as long as we have cats, no man can truly claim insolvency

love that quote 

I don't think he is ashamed. He is quite shameless when lying and pretends we are all braindead not being able to see through his continuous lying.

He just knew that everyone would go berserk having to see his face again, so he abused his cat to chill people down.

It's true that bitcoin is the currency of the Internet, because MtGox CEO releases pictures of cats instead of press releases.

Saved by a cat meme!

Notice how ashamed he is, cannot even face the camera.

Whatever the situation is at Gox the cat is nice

My experiences about exchanges:
bitcoin24.de - btc jammed there when german authorities confisticated bank accounts, however Simon paid my btc back, but situation still is open generally.
bitcoin-central.net - got hacked and colosed for few months, luckily transfered btc out there i bought about a week before. Now they're again open.
mtgox.com - they sent me even free yubikey, actually never any probems with gox. SEPA was fast and everything worked, but as I learned from previous experiences... I dont keep any second any BTC or fiat at any exchange if not needed.
So luckily lost nothing yet on these cases... but this tells a lot about things generally.

The CEO embezzled millions from MtGox I heard he could find himself on Interpol's list next!

 

I refuse to believe it.  Pets often reflect their owners.  That cat isn't a fat fu#K.  It can't be his...

Hey, good detective work! 

Same cat in 2010: https://www.youtube.com/watch?v=AgWb-tk5aek#t=14

This is it? A photo of a cat?

Goxxed again!  

All exchanges know your identity.

Look at the badge on the desk. Google Cerulean Tower. Though it could be photochopped or not sent from Karpeles

I'm not clear on how the cat photo shows that he is in Tokyo.

ok i found another copy of what seems to be the entire chat he had

http://www.wickedfire.com/shooting-shit/179038-my-conversation-mark-karpeles-mtgox-2.html#post2164682

http://www.foxbusiness.com/static/managed/img/fb2/markets/chat-log-lg.jpg




the link to part of chat above




it was talked about at the start of fox news broadcast at 6 ---        kinda like ---    mtgox not out !   read online 4 more info !

I don't think so because they would have to know the public address from which he was trading the customers coins.

Yeah, keep in mind that the guys from the joint statement possibly have evidence as they would see him selling bitcoins on their exchanges, right?

My guess is that these two things are linked 

“well, technically speaking it's not 'lost' just yet, just temporarily unavailable.” -Gox CEO

"and clear policies to not use customer assets for proprietary trading or for margin loans in leveraged trading." -Joint-Statement

maybe an employee ran off with the cold storage and is holding it ransom.  who knows.


It is interesting he didn't dispute the claim of having lost 700000+ BTC.   Or the assets/liabilities figures in the crisis document.

yes that quote about temporarily unavailable seemed a weird thing to say...

he owns MTGOX, he owns all the private keys.. private keys have nothing to do with malleability.. he could easily load them into a client and withdraw at a whim.. so why say temporarily unavailable.

........ seems like delay tactics with weak excuse... maybe he got his speach lessons from pirate@40

and lastly, when people are wanting their money.. why is he at home playing with his cat, chatting in a chatroom. he should be doing something.. right?

Sorry to say that but nothing is safe.  “well, technically speaking it's not 'lost' just yet, just temporarily unavailable.” would be valid when the coins are stolen too. And how is the chance that you get coins back that were stolen over a timeframe of 2 years? The coins are still there, only unavailable.

extract of conversations from the foxnews website



if image does not load http://www.foxbusiness.com/static/managed/img/fb2/markets/chat-log-lg.jpg

i do not treat this as fact or fiction. do your own research

also the photo of the keyboard

You need to post source, else...this is another FUD

So instead of releasing a properly written, professional press release that conclusively covers the issues at hand, MK & MtGox are;

providing meaningless updates

halting transactions

taking down their site & twitter feeds.


This does not promote trust.

So, while he may not be giving up, everybody is giving up on them.

keeps going !



Bitcoin CEO Mark Karpeles told an industry consultant Tuesday that he has not yet given up on Mt. Gox and has not made plans to step down.

Karpeles made the statements in an Internet Relay Chat (IRC) this afternoon with Jon Fisher, an industry consultant based in New York. FOX Business obtained private chat logs from the conversation. In those logs, Karpeles tells Fisher he has not “given up” on Mt. Gox and he can’t disclose if he has decided to step down as CEO of the exchange.

“Giving up,” says Karpeles, “is not a part of how I usually do things.”

Multiple attempts to contact Karpeles and a spokesperson for Mt. Gox were unsuccessful.

In the IRC, Karpeles says he is still in Tokyo; he sent a link with a photo of his keyboard as proof that he was “at home, with my cat being a pain sleeping on the keyboard.”

Karpeles says that any Bitcoin he personally owns was on Mt. Gox, meaning he will lose money if the exchange fails. In response to a question about how much he personally stands to lose, Karpeles writes, “well, technically speaking it's not 'lost' just yet, just temporarily unavailable.”

When asked about the viability of an unregulated currency he writes, “tbqh [to be quite honest] the pressure we got from banks and governments makes things very hard.”

Karpeles’ comments come after a tumultuous February for the exchange. Accounts within Mt. Gox were frozen early this month, preventing investors from withdrawing funds. The exchange blamed "software malleability" for a flaw in its transaction records.

On Sunday, Karpeles stepped down from his position on the board of directors at the Bitcoin  Foundation, the cryptocurrency’s advocacy group.

Monday night, a document appearing to have originated from within Mt. Gox entitled “Crisis Strategy Draft” emerged on the web, published by blogger "The Two-Bit Idiot," who The Wall  Street Journal has identified as Bitcoin blogger Ryan Selkis. 

The report details the loss, or theft, of 744,408 Bitcoin, or roughly $383 million based on this afternoon's trading prices. 

In the IRC obtained by FOX Business, Karpeles denies the document was produced by Mt. Gox, but confirms that it is “more or less” legitimate.

“As the name suggests it’s a draft, and it’s a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done,” Karpeles said.

The Mt. Gox exchange website went down late last night, hours after all tweets were deleted  from the exchange’s official Twitter account.

The following official statement was posted to mtgox.com this morning, by the "MtGox Team": "In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly."

In an effort to defend the digital currency and distance themselves from Mt. Gox, executives  managing six other Bitcoin exchanges and businesses released a joint statement late last night condemning the “tragic violation of the trust of users of Mt.Gox” as reflective of  “one company’s actions,” and not indicative of the resiliency of the digital currency industry.

Bitcoin is not subject to regulation, and both Japan’s central bank and regulator, the Financial Services Authority and the Ministry of Finance, have publicly stated the regulation of Bitcoin and its exchanges falls outside of their jurisdiction.