Author

Topic: Obvious "inside information" in CoinLab's lawsuit? (Read 2441 times)

member
Activity: 224
Merit: 10
I just read this article:
http://gawker.com/massive-bitcoin-business-partnership-devolves-into-75-487857656
Today we had massive big sells, and now I suspect that this was the main reason...
this doesn't look any good  Undecided

Today?  Today???

What I want to know is this:

Who knew this deal was falling apart?  And did they know it by, or before, April 10th?  (I note that there have been discussions of a material breach going back to mid- and late-March.)

But you're right.  It doesn't look good,

T-H-E B-I-T-C-O-I-N F-O-U-N-D-A-T-I-O-N
full member
Activity: 182
Merit: 106
When it rains it pours.
member
Activity: 84
Merit: 10
I just read this article:
http://gawker.com/massive-bitcoin-business-partnership-devolves-into-75-487857656
Today we had massive big sells, and now I suspect that this was the main reason...
this doesn't look any good  Undecided

Today?  Today???

What I want to know is this:

Who knew this deal was falling apart?  And did they know it by, or before, April 10th?  (I note that there have been discussions of a material breach going back to mid- and late-March.)

But you're right.  It doesn't look good,
newbie
Activity: 51
Merit: 0
Mtgox don't really care about btc price ...

If anything I'd imagine they'd WANT the price to keep fluctuating to increase trading (which increases their profit)
sr. member
Activity: 392
Merit: 250
Mtgox don't really care about btc price ...
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
It reminds me of 2011. All of our bullish hopes keep getting dashed.  Cry

Part of me likes seeing noobs getting the naivety beaten out of them. Does that make me a bad person?
legendary
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
can gox do anything right?  they have inadvertantly sabotaged the bitcoin market over and over and over.  geez.  maybe if people started learning how to use other exchanges and boycotting gox, this would be a non-issue.

you kinda have to think gox is taking positions in btc then screwing themselves to get cheap BTC

+1
legendary
Activity: 2618
Merit: 1022
can gox do anything right?  they have inadvertantly sabotaged the bitcoin market over and over and over.  geez.  maybe if people started learning how to use other exchanges and boycotting gox, this would be a non-issue.

you kinda have to think gox is taking positions in btc then screwing themselves to get cheap BTC
legendary
Activity: 2212
Merit: 1008
can gox do anything right?  they have inadvertantly sabotaged the bitcoin market over and over and over.  geez.  maybe if people started learning how to use other exchanges and boycotting gox, this would be a non-issue.
sr. member
Activity: 454
Merit: 250
Well we do know that lot of VC money has been pouring into Bitcoin recently, so Silicon Valley(or someone else) might see this as the perfect opportunity to jump in and stake their claim in the exchange market. Which would be good for us since Bitcoin is obviously outgrowing Mt. Gox.

For instance, BTCGlobal.com looks very promising!

Quote from: from Reddit
Impressive.
Is there a roll out schedule? The website simply says "May", and it's solely for Southern American countries at launch.
The owners appear to want to compete with Gox, they make that quite clear, so there has to be an international plan..
There are a lot of people very willing to support new exchanges that can demonstrate having their shit together.

[–]btcglobal 10 points 2 hours ago
All of the above assumptions are correct. Smiley We will roll out in Latin America first. We plan to roll out globally as well. There is a fixed schedule plan for the roll out, but we care more about solid technology, solid legal backing, solid banking support, solid customer service - then about plans. So we do one step at a time and make sure all fits. But no worries we'll also be as transparent as possible so expect news on this soon.
hero member
Activity: 686
Merit: 500
What doesn't kill you only makes you sicker!
Well, yes but what can we do about it?

We can all sell our Bitcoins and run for the hills...?
You first

I already have and I'm running as I type.

Not sure my wifi sign...
sr. member
Activity: 532
Merit: 261
­バカ
Well, yes but what can we do about it?

We can all sell our Bitcoins and run for the hills...?
You first
hero member
Activity: 686
Merit: 500
What doesn't kill you only makes you sicker!
Well, yes but what can we do about it?

We can all sell our Bitcoins and run for the hills...?
full member
Activity: 123
Merit: 100
It reminds me of 2011. All of our bullish hopes keep getting dashed.  Cry
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Well, yes but what can we do about it?
sr. member
Activity: 532
Merit: 261
­バカ
I just read this article:
http://gawker.com/massive-bitcoin-business-partnership-devolves-into-75-487857656
Today we had massive big sells, and now I suspect that this was the main reason...
this doesn't look any good  Undecided
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