Someone was able to recover what was lost? BTC
Yes, ppl recovered their funds and put them on FTX (true story).
Topic: Mt.Gox SCAM? $38million disappeared. Large sums affected. (Read 38101 times)
Yes, ppl recovered their funds and put them on FTX (true story).
Someone was able to recover what was lost? BTC
I don't know what is wrong with these exchanges.Are they trying to dump BTC?
Please, just sit quietly and learn.
http://www.examiner.com/article/mt-gox-goes-dark-bitcoin-wallet-service-allegedly-lost-750-000-btc
And despite everything so far, they still have the gall to say;
http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
"At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years."
1) How incompetent are they to not notice this so called theft over several years?
2) It's BS anyways. Malleability is impossible unless live physical people who fail to properly verify transactions the correct way (IE: not by TXID) ignorantly choose to send duplicate payments to people. It wasn't stolen by malleability, they gave it away because they refused to follow protocol.
Anyway, the money and coins are gone!
So, who's stupid enough to continue to believe and defend them?
And despite everything so far, they still have the gall to say;
http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
"At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years."
1) How incompetent are they to not notice this so called theft over several years?
2) It's BS anyways. Malleability is impossible unless live physical people who fail to properly verify transactions the correct way (IE: not by TXID) ignorantly choose to send duplicate payments to people. It wasn't stolen by malleability, they gave it away because they refused to follow protocol.
Anyway, the money and coins are gone!
So, who's stupid enough to continue to believe and defend them?
I don't know what is wrong with these exchanges.Are they trying to dump BTC?
There is nothing wrong with the others.As to Gox, they are not an exchange anymore.
Nothing wrong with other exchanges? BTC down to 500$
I don't know what is wrong with these exchanges.Are they trying to dump BTC?
There is nothing wrong with the others.As to Gox, they are not an exchange anymore.
Nothing wrong with other exchanges? BTC down to 500$
I don't know what is wrong with these exchanges.Are they trying to dump BTC?
There is nothing wrong with the others.As to Gox, they are not an exchange anymore.
I don't know what is wrong with these exchanges.Are they trying to dump BTC?
I can withdraw from Bitstamp, like I always could.
Do not spread more unneeded fear.
More like $350M dissappeared.
Do not spread more unneeded fear.
More like $350M dissappeared.
Does bistamp dissalow withdrawals?
How about SecondMarket?
I said this in another thread, but I have a bad feeling that the people at Gox have been using user's funds for themselves and only processing withdraws when there are sufficient new deposits. It was working before because such huge sums of money kept getting deposited, but its starting to pile up. Seems like it could be exactly what Ultimate Bet was doing with online poker player funds. I could be completely wrong, but something is definitely up. Claiming the site was hacked would be an easy out at first..
same thing happened at Full Tilt Poker. They paid themselves with user deposits. Definitely not hacked
Beat you to it!
Yeah, how were they paying their own salaries... with which money? Our money.
I said this in another thread, but I have a bad feeling that the people at Gox have been using user's funds for themselves and only processing withdraws when there are sufficient new deposits. It was working before because such huge sums of money kept getting deposited, but its starting to pile up. Seems like it could be exactly what Ultimate Bet was doing with online poker player funds. I could be completely wrong, but something is definitely up. Claiming the site was hacked would be an easy out at first..
same thing happened at Full Tilt Poker. They paid themselves with user deposits. Definitely not hacked
Beat you to it!
I said this in another thread, but I have a bad feeling that the people at Gox have been using user's funds for themselves and only processing withdraws when there are sufficient new deposits. It was working before because such huge sums of money kept getting deposited, but its starting to pile up. Seems like it could be exactly what Ultimate Bet was doing with online poker player funds. I could be completely wrong, but something is definitely up. Claiming the site was hacked would be an easy out at first..
same thing happened at Full Tilt Poker. They paid themselves with user deposits. Definitely not hacked
He spent the 38 million on Kopi Luwak, the most expensive coffee in the world!
Not any more! Now, the most expensive coffee in the world is Karpeles Goxeles, brewed from the excretions of the elusive Mark Karpeles after consuming Kopie Luwak a few hours earlier. The first known cup brewed was smeared on the bodies of Long Dong Johnson and Skropenis, each on the other, recorded live, but never broadcasted, on Only One TV.
Hahaha shit-coffee made from shit-coffee shit
received the fix
You mean received a work around from a 3rd party that allows them to continue misusing the bitcoin protocol because doing things the correct way is too hard for them.so there must be another reason for this hold up.
Yeah. They are an insolvent ponzi scam, and trying to hide it. He spent the 38 million on Kopi Luwak, the most expensive coffee in the world!
Not any more! Now, the most expensive coffee in the world is Karpeles Goxeles, brewed from the excretions of the elusive Mark Karpeles after consuming Kopie Luwak a few hours earlier. The first known cup brewed was smeared on the bodies of Long Dong Johnson and Skropenis, each on the other, recorded live, but never broadcasted, on Only One TV.
apparently mtgox confirmed they received the fix from the blockchain.info for the " broken bitcoin protocol" as they claimed, so there must be another reason for this hold up.
However this current (mostly manufactured) 'crisis' plays out, it's clear that mtgox's potential to profit from it has been huge. It's highly unlikely that they have not leveraged the situation to their financial advantage somehow.
What's almost certain however is that any funds they have left, even after this latest in a string of ongoing fiascos, will never cover the existing and upcoming lawsuits to be filed against them.
MtGox is dead, whether they know it or not. They can never rebuild the confidence they've lost at this point.
What's almost certain however is that any funds they have left, even after this latest in a string of ongoing fiascos, will never cover the existing and upcoming lawsuits to be filed against them.
MtGox is dead, whether they know it or not. They can never rebuild the confidence they've lost at this point.
Seems like MtGox is the "Lehman Brothers" of the bitcoin world.
My analysis points out that BTC/USD might crash down to $100
My analysis points out that BTC/USD might crash down to $100
What software is this? care to share?
https://www.tradingview.com/e/?symbol=MTGOX%3ABTCUSD#
I believe the current price of 300$ at MtGox is a "dead cat bounce" and the price of 500-600 at other exchanges is a bubble.
All bitcoin exchanges will trade at 100$ for several months, during spring/summer 2014.
/Gollum told you so!
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