What kind of miner do you have? Sell it on here for Bitcoins.
Post a picture of it here with your forum name, I'm sure someone here would buy it off you in BTC(escrow of course).
Topic: Need some help with this Mt.gox problems (Read 1210 times)
would getting a lawyer and filing a lawsuit against MT.gox help?
Don't waste your money in a lawyer, the only thing you can do is to wait and keep your finger crossed so that mtgox give back the bitcoins to their customers.
The main job of a lawyer is to make money from others, sometimes they win but in cases like this it is too difficult to do something because mtgox is located in japan and because at this time people don't know if mtgox has some bitcoins or nothing.
What I don't like about mtgox is that they don't update what is going on. Mtgox is like a nigerian scam office.
Expensive lesson indeed. Who the hell would trust MtGox anyway. Do some research before you leave $12k sitting in an account. A simple google search would yield articles like this:
http://www.dailytech.com/Inside+the+MegaHack+of+Bitcoin+the+Full+Story/article21942.htm
This was written in 2011 ! It reads like it could have been yesterday.
EDIT: And about those "wild theories". Karpeles pretty much confirmed this document was true on IRC earlier: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
It's worth a read.
http://www.dailytech.com/Inside+the+MegaHack+of+Bitcoin+the+Full+Story/article21942.htm
This was written in 2011 ! It reads like it could have been yesterday.
EDIT: And about those "wild theories". Karpeles pretty much confirmed this document was true on IRC earlier: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
It's worth a read.
If that IRC log (http://www.wickedfire.com/shooting-shit/179038-my-conversation-mark-karpeles-mtgox-2.html#post2164682) is found to be genuine, then what Karpeles actually said was that
Quote
[11:04] more or less
[11:05] 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
[11:06] this said this document was not produced by MtGox
[11:05]
[11:06]
and then did not verify the sums mentioned, nor that there was an insolvency issue, nor that MtGox was going bankrupt, nor anything else except that he was seeing a lawyer on the morning of 26th.
(when I say "there is no proof of this" people seem to enjoy jumping down my throat with "OMG CAN'T YOU SEE IT'S OBVIOUS THEY'RE INSOLVENT!!!" I agree there is something very wrong, that it may be insolvent, that likely people are not going to get their funds back, and I have always said I believe that. But there still is no proof, just speculation, which people need to clearly separate.)
I have been reading throughout many posts in the forum and everything seems to be like you said just wild theoris, so if I want legit information about the MT.gox situation what news-site should be reading on to know for sure that this is actuall info.
I don't really know. For fastest news I think you have to read this forum and the Service Discussion forum and just try to weed out the attention seekers who make bold unverifiable claims from people who clearly mark speculation and offer sources.That's a lot of work.
Otherwise I think just read any tech news source, then follow up any story from there here. Bitcoin was even on UK's BBC news last night.
but if bitcoinbuilder was buying goxbtc then that means there still is hope for the lost btc, why else would a company go in and buy it?
Well it is possible that they were just wrong. Companies are run by people and people can make a wrong call. There's a few people on this forum who have admitted they had all their company funds sitting in MtGox. Makes you wonder about their judgement.It is also possible that they have more sway within MtGox than most individuals. Some insider contact that was promising to make them good. We have no way of knowing.
https://www.bitcoinbuilder.com/ is now saying "2.Until mtgox is back, we can't process GOXBTC withdrawals (or deposits)", so that option isn't available to you anyway. If MtGox were to come back and your brother could see his funds again but not withdraw them, then maybe BitcoinBuilder would be an option again. The rates offered on there now are less than 0.2BTC per goxBTC though.
the next few days may bring some more announcements from MTGOX about the situation. so waiting is an option.
but whilst you wait, look for any bitcoin meetings in your area, find some other people near you that might be in a similar situation and form a group. if the worst does happen, then you as a group can file a lawsuit and because its a group the costs initially would be divided between you. this will make it cheaper and also with more then one person. you can plan the best strategy to impliment it.
but whilst you wait, look for any bitcoin meetings in your area, find some other people near you that might be in a similar situation and form a group. if the worst does happen, then you as a group can file a lawsuit and because its a group the costs initially would be divided between you. this will make it cheaper and also with more then one person. you can plan the best strategy to impliment it.
I actually found a few more peeps here in sweden through the sweclockers forum that are in the same situation as my brother. We exchanged few messages, but its to soon to form a group or a meet-up since there isnt nay official statements that MT.gox really has gone bankrupt.
Bear in mind there have been a lot of wild theories posted here as fact, so don't believe anything
This is a very important point.
There is no reliable information about what is happening with MtGox yet.
There are rumors that they are bankrupt (rumors that a lot of us believe), but no facts.
They haven't reported they are bankrupt. They haven't reported that they are shutting down permanently. They haven't reported anything at all.
It's a good guess that they probably are insolvent and that they won't be able to re-open, but it is just a guess. Hopefully more information will become available in the next few days (or weeks).
Expensive lesson indeed. Who the hell would trust MtGox anyway. Do some research before you leave $12k sitting in an account. A simple google search would yield articles like this:
http://www.dailytech.com/Inside+the+MegaHack+of+Bitcoin+the+Full+Story/article21942.htm
This was written in 2011 ! It reads like it could have been yesterday.
EDIT: And about those "wild theories". Karpeles pretty much confirmed this document was true on IRC earlier: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
It's worth a read.
http://www.dailytech.com/Inside+the+MegaHack+of+Bitcoin+the+Full+Story/article21942.htm
This was written in 2011 ! It reads like it could have been yesterday.
EDIT: And about those "wild theories". Karpeles pretty much confirmed this document was true on IRC earlier: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
It's worth a read.
onlycasanova, I am saddened to hear that it has hit your family so hard.
Earlier today, someone found in the HTML source code of MTGOX that they were going to announce a short closure, possibly for an acquisition to take place.
If I had to guess, I would say MTGOX will probably be open again soon. If I were your brother, as soon as Gox is back, I would transfer all my funds to a personal wallet or a safer exchange.
There is hope, just be careful.
Earlier today, someone found in the HTML source code of MTGOX that they were going to announce a short closure, possibly for an acquisition to take place.
If I had to guess, I would say MTGOX will probably be open again soon. If I were your brother, as soon as Gox is back, I would transfer all my funds to a personal wallet or a safer exchange.
There is hope, just be careful.
The reason I am writing here is that i want know if there is anything I can do to get those lost coins back ?
No. You can wait and see if MtGox comes back up or offers its users their funds back. Most feel that is unlikely to some extent.Bear in mind there have been a lot of wild theories posted here as fact, so don't believe anything unless it's clearly marked as speculation and you agree with the basis for the speculation, or else you have found a verifiable source for it.
would getting a lawyer and filing a lawsuit against MT.gox help?
I imagine it would certainly get MtGox's attention, which may help. I haven't yet heard of a successful prosecution in a bitcoin dispute but it would be good news to see one as then we'd know that bitcoin is considered an asset in law. Your trouble may come in- Explaining to the lawyer what bitcoin is and how 1 of them is worth about $550 today, so 27 represents a loss of about $14.8k.
- Getting the lawyer to agree to sue a company that is based in Japan.
Is there any other tips or tricks for getting them back ?
There was a company called bitcoinbuilder that were offering to buy up your goxbtc for a rate of less than one btc each, but I don't think they are in operation since today. People did get funds out that way.Your brother may have to take this as a very expensive lesson in not using an exchange like a bank.
Finally, donation addresses don't go down well.
I have been reading throughout many posts in the forum and everything seems to be like you said just wild theoris, so if I want legit information about the MT.gox situation what news-site should be reading on to know for sure that this is actuall info.
I suspected there would be a few problems with the lawyer solution
but if bitcoinbuilder was buying goxbtc then that means there still is hope for the lost btc, why else would a company go in and buy it? 
Bear in mind there have been a lot of wild theories posted here as fact, so don't believe anything
This is a very important point.
There is no reliable information about what is happening with MtGox yet.
There are rumors that they are bankrupt (rumors that a lot of us believe), but no facts.
They haven't reported they are bankrupt. They haven't reported that they are shutting down permanently. They haven't reported anything at all.
It's a good guess that they probably are insolvent and that they won't be able to re-open, but it is just a guess. Hopefully more information will become available in the next few days (or weeks).
the next few days may bring some more announcements from MTGOX about the situation. so waiting is an option.
but whilst you wait, look for any bitcoin meetings in your area, find some other people near you that might be in a similar situation and form a group. if the worst does happen, then you as a group can file a lawsuit and because its a group the costs initially would be divided between you. this will make it cheaper and also with more then one person. you can plan the best strategy to impliment it.
but whilst you wait, look for any bitcoin meetings in your area, find some other people near you that might be in a similar situation and form a group. if the worst does happen, then you as a group can file a lawsuit and because its a group the costs initially would be divided between you. this will make it cheaper and also with more then one person. you can plan the best strategy to impliment it.
The reason I am writing here is that i want know if there is anything I can do to get those lost coins back ?
No. You can wait and see if MtGox comes back up or offers its users their funds back. Most feel that is unlikely to some extent.Bear in mind there have been a lot of wild theories posted here as fact, so don't believe anything unless it's clearly marked as speculation and you agree with the basis for the speculation, or else you have found a verifiable source for it.
would getting a lawyer and filing a lawsuit against MT.gox help?
I imagine it would certainly get MtGox's attention, which may help. I haven't yet heard of a successful prosecution in a bitcoin dispute but it would be good news to see one as then we'd know that bitcoin is considered an asset in law. Your trouble may come in- Explaining to the lawyer what bitcoin is and how 1 of them is worth about $550 today, so 27 represents a loss of about $14.8k.
- Getting the lawyer to agree to sue a company that is based in Japan.
Is there any other tips or tricks for getting them back ?
There was a company called bitcoinbuilder that were offering to buy up your goxbtc for a rate of less than one btc each, but I don't think they are in operation since today. People did get funds out that way.Your brother may have to take this as a very expensive lesson in not using an exchange like a bank.
Finally, donation addresses don't go down well.
If you dont have anything important to write please save ur precious time and don't write at all.
Yep me too.
My friend's cousin's niece invested all of her weekly allowance on Mt.Gox and lost it all!
Please donate to the addresses below:
My friend's cousin's niece invested all of her weekly allowance on Mt.Gox and lost it all!
Please donate to the addresses below:
yep begging should help.. but your wallet doesn't add up either.
Dont get me wrong i dont want any donations or someone to feel sorry for him, I want to know if there is something that can be done agaisnt it and if so what? What do you mean about my wallet?
You will have to wait until they go through the bankruptcy process. Then you and everybody else will get a relative share of whatever money is remaining after they pay all their bills.
So this is actually happening? Do i need to join some group or something to be a part of this or are they going after the registered members on the webpage?
There will be plenty of lawsuits to go around. End result, maybe some lawyers get paid, but those who had bitcoins with Gox are out of luck.
I'm not sure why you or your brother are so wed to the idea that bitcoins are where you should park all your money. They can be an investment, but you should never put all of your eggs in a single basket.
Both of you should take this as a life lesson and move on. Keep mining if it makes you happy. Life is too short to spend a day of it miserable.
I'm not sure why you or your brother are so wed to the idea that bitcoins are where you should park all your money. They can be an investment, but you should never put all of your eggs in a single basket.
Both of you should take this as a life lesson and move on. Keep mining if it makes you happy. Life is too short to spend a day of it miserable.
To be honest i am not, I had some savings lying around for a rainy day that i decided to play around with in bitcoins to see if there was any money to be made, i would never invest my stuff in btc, but then again i am not the greedy one in our family
There will be plenty of lawsuits to go around. End result, maybe some lawyers get paid, but those who had bitcoins with Gox are out of luck.
I'm not sure why you or your brother are so wed to the idea that bitcoins are where you should park all your money. They can be an investment, but you should never put all of your eggs in a single basket.
Both of you should take this as a life lesson and move on. Keep mining if it makes you happy. Life is too short to spend a day of it miserable.
I'm not sure why you or your brother are so wed to the idea that bitcoins are where you should park all your money. They can be an investment, but you should never put all of your eggs in a single basket.
Both of you should take this as a life lesson and move on. Keep mining if it makes you happy. Life is too short to spend a day of it miserable.
yep begging should help.. but your wallet doesn't add up either.
Dont get me wrong i dont want any donations or someone to feel sorry for him, I want to know if there is something that can be done agaisnt it and if so what? What do you mean about my wallet?
You will have to wait until they go through the bankruptcy process. Then you and everybody else will get a relative share of whatever money is remaining after they pay all their bills.
yep begging should help.. but your wallet doesn't add up either.
Dont get me wrong i dont want any donations or someone to feel sorry for him, I want to know if there is something that can be done agaisnt it and if so what? What do you mean about my wallet?
yep begging should help.. but your wallet doesn't add up either.
Okay here is the deal I am pretty new to mining been mining late middle of january, i have mined about 3 btc maybe so far. It was actually my younger brother who introduced me to mining.
Problem is while i am a safe miner my brother put all his coins into Mt.gox , think he had about 27 bitcoins or so. Ever since Mt.gox f*cked up he has litterally been miserable. He was so into mining he litterally sold most of his belongings to invest in btc and know have 0 of them. I am trying to help him the best that i can to cover his loss and get his life back on track, already gave him my btc and am now selling my mining gear to collect even some more. I just hate seeing him like this
The reason I am writing here is that i want know if there is anything I can do to get those lost coins back ? I live in sweden and so does he, would getting a lawyer and filing a lawsuit against MT.gox help? Is there any other tips or tricks for getting them back ? I tried reading about MT.gox and their current situation to see if there is a way to get it back but everything is so far leading to a dead end. I really dont want someone to do the work for me i just need a push into the right direction.
PS. sorry for me terrible english
Problem is while i am a safe miner my brother put all his coins into Mt.gox , think he had about 27 bitcoins or so. Ever since Mt.gox f*cked up he has litterally been miserable. He was so into mining he litterally sold most of his belongings to invest in btc and know have 0 of them. I am trying to help him the best that i can to cover his loss and get his life back on track, already gave him my btc and am now selling my mining gear to collect even some more. I just hate seeing him like this
The reason I am writing here is that i want know if there is anything I can do to get those lost coins back ? I live in sweden and so does he, would getting a lawyer and filing a lawsuit against MT.gox help? Is there any other tips or tricks for getting them back ? I tried reading about MT.gox and their current situation to see if there is a way to get it back but everything is so far leading to a dead end. I really dont want someone to do the work for me i just need a push into the right direction.
PS. sorry for me terrible english
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