Mt.Gox "finds 200K BTC in old wallets"

600watt

legendary

Activity: 2338

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Quote from: sgbett on March 23, 2014, 04:13:29 PM

Quote from: sgravina on March 23, 2014, 08:19:55 AM

I haven't seen my wife and kids in years. This morning I finally found them. Turns out they have been living with me the whole time.

bitcointalk can do that to ya' aye

i told my wife i stopped smoking, alcohol and carbonated soft drinks. she looked at me kind of amazed, but encouraging. when i added that
i will also stop checking bitcoin charts and stop using bitcointalk she raised her brows and shook her head silently.

sgbett

legendary

Activity: 2576

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Quote from: sgravina on March 23, 2014, 08:19:55 AM

I haven't seen my wife and kids in years. This morning I finally found them. Turns out they have been living with me the whole time.

bitcointalk can do that to ya' aye

sgravina

sr. member

Activity: 451

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I haven't seen my wife and kids in years. This morning I finally found them. Turns out they have been living with me the whole time.

piramida

legendary

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Borsche

Quote from: sgbett on March 21, 2014, 07:26:49 PM

...and I make two.

This whole "everyone will dump coins" hypothesis doesn't seem too solid

make that three. right now, my coins at gox changed from a short-term speculative coins to a very long-term (possibly infinitely long Wink

) investment. definitely not going to sell anything when (if) something gets paid back, these are considered lost now and will go to long-term cold storage if retrieved.

syber

newbie

Activity: 28

Merit: 0

Quote from: fran2k on March 21, 2014, 11:41:45 PM

Oh, wait!

I just remembered I had 2 tons of gold under the bed, yikes!

Must be a comfortable nights sleep.

Honestly don't know why this guy is still even alive. Isn't that what the silk road is for? Grin

FastBluff

full member

Activity: 168

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https://fastbluff.com/

Quote from: fran2k on March 21, 2014, 11:41:45 PM

Oh, wait!

I just remembered I had 2 tons of gold under the bed, yikes!

Kinda hard to misplace that.. Blind? lol

fran2k

hero member

Activity: 784

Merit: 500

Oh, wait!

I just remembered I had 2 tons of gold under the bed, yikes!

chessnut

legendary

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Quote from: yogi on March 21, 2014, 06:28:18 PM

Quote from: traderCJ on March 21, 2014, 06:20:28 PM

Herd mentality.

Bollocks.

why bollocks? we are talking about a bunch of speculators here, and some coins that are only worth what the next guy will pay.

why will bitcoin reach $10,000? herd mentality. why? because it will still be speculator driven by $10,000.

sgbett

legendary

Activity: 2576

Merit: 1087

...and I make two.

This whole "everyone will dump coins" hypothesis doesn't seem too solid

yogi

legendary

Activity: 947

Merit: 1042

Hamster ate my bitcoin

Quote from: traderCJ on March 21, 2014, 06:38:58 PM

I hope you follow your own advice, I really do.

I haven't given any advice.

I'm a gox creditor and I have no intention of dumping any coins I may get back.

traderCJ

sr. member

Activity: 280

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I hope you follow your own advice, I really do.

yogi

legendary

Activity: 947

Merit: 1042

Hamster ate my bitcoin

Quote from: traderCJ on March 21, 2014, 06:20:28 PM

Herd mentality.

Bollocks.

traderCJ

sr. member

Activity: 280

Merit: 250

Quote from: yogi on March 21, 2014, 06:17:14 PM

Quote from: traderCJ on March 21, 2014, 06:15:38 PM

Scenario 2: Coins eventually make their way back to Gox customers, who immediately dump them.

Why would they dump them?

Herd mentality. They expect everyone else to do the same and will try to beat them to the punch. Will everyone sell? No, but enough will. We saw the same hysteria as Gox imploded.

yogi

legendary

Activity: 947

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Hamster ate my bitcoin

Quote from: traderCJ on March 21, 2014, 06:15:38 PM

Scenario 2: Coins eventually make their way back to Gox customers, who immediately dump them.

Why would they dump them?

traderCJ

sr. member

Activity: 280

Merit: 250

Scenario 1: Coins get liquidated by Gox to cover corporate fiat obligations.
Scenario 2: Coins eventually make their way back to Gox customers, who immediately dump them.

Outcome in both scenarios, price drop. The whales see this, and this is why the price has been dropping in advance of the coins actually being sold by either Gox or their customers. In fact, Gox "losing" the coins saved us from a much, much harder fall. Now they're "finding" coins, which simply means more uncertainty.

akujin

sr. member

Activity: 336

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What if he one day announce that he found all the missing bitcoins? Will he still go to jail? Grin

chessnut

legendary

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He just forgot that he sent some funds to his android phone for starbucks coffee. last week he remembered the password that he'd forgotten for ages. it was magicaltux.

Mad Scientist

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Quote from: Bonam on March 21, 2014, 01:11:52 PM

It is completely not credible that they could simply have forgotten about 200k BTC in an "old wallet". Seriously, they should have come up with a better lie. How could they think anyone would buy that?

^This^

DustyRah

sr. member

Activity: 533

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No one will trust Bitcoins any more in terms of business transactions because there is no way to track it. If I had a business, I would simply declare it hacked and walk away with all the Bitcoins in an unknown and untraceable wallet.

Huh

?

Wilhelm

legendary

Activity: 1652

Merit: 1265

Maybe Mark Kapeles's mom was cleaning and found it behind the cupboard.

200KBTC == $116600000 == $116M YOU DON'T "JUST" LOSE THAT!!!!!

Topic: Mt.Gox "finds 200K BTC in old wallets" (Read 3564 times)