Topic: Possible FUD: "Leaked" Gox doc claims that 750,000 coins lost over several years (Read 4216 times)
February 24, 2014, 09:51:08 PM
The leaked document is taking credibility away from actual situation which may still be confirmed to be true.
February 24, 2014, 09:47:13 PM
The leaked document looks like a joke to me. If it's not genuine the authors of it should be careful as posting fake documents to manipulate a market is illegal in pretty much every developed country.
February 24, 2014, 09:32:39 PM
February 24, 2014, 08:55:23 PM
http://www.reddit.com/r/Bitcoin/comments/1x93tf/some_irc_chatter_about_what_is_going_on_at_mtgox/cfi5vla
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[–]jakeonfire 5 points 6 days ago (4|1)
so about a year and a half ago i traded $ for BTC on Mt Gox and transferred the resulting BTC to my personal wallet. i then received two transactions resulting in double the money i had actually owned. this was maybe my second BTC transaction ever and i was totally clueless as to what was going on. is all this related do you think? how would something like that happen, and who lost the coins that i gained?
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[–]nullc [+1] 5 points 6 days ago* (5|2)
Any idea if the payment into your wallet took a long time when this happened?
It could well be the behavior I described. The automatic reissuing of transactions without double spending would be expected to sometimes lose coins all on its own— without anyone trying to trigger it. It would be caused by MTGox correctly thinking the payment hadn't gone through, reissuing— and then both going through because there was nothing to stop both from going through.
Care to share the txids (or address that was double paid) with me privately?
so about a year and a half ago i traded $ for BTC on Mt Gox and transferred the resulting BTC to my personal wallet. i then received two transactions resulting in double the money i had actually owned. this was maybe my second BTC transaction ever and i was totally clueless as to what was going on. is all this related do you think? how would something like that happen, and who lost the coins that i gained?
permalinksourcesaveparentreportgive goldsave-RESreplyhide child comments
[–]nullc [+1] 5 points 6 days ago* (5|2)
Any idea if the payment into your wallet took a long time when this happened?
It could well be the behavior I described. The automatic reissuing of transactions without double spending would be expected to sometimes lose coins all on its own— without anyone trying to trigger it. It would be caused by MTGox correctly thinking the payment hadn't gone through, reissuing— and then both going through because there was nothing to stop both from going through.
Care to share the txids (or address that was double paid) with me privately?
February 24, 2014, 08:33:21 PM
It's easy to have no money on Gox, when you have no severe mental retardation.
Well don't expect from everyone that's into bitcoin to read bitcointalk or /r/bitcoin.
Even wolphram alpha uses mtgox for their bitcoin data...
February 24, 2014, 08:31:50 PM
Quote
Retweeted by Chris Ellis
Mark Karpeles @MaglcalTux 1m
*Retweet* Bitcoin Withdrawals will be working by end of week. We at Mtgox would like to thank you all for your patience.
Mark Karpeles @MaglcalTux 1m
*Retweet* Bitcoin Withdrawals will be working by end of week. We at Mtgox would like to thank you all for your patience.
What?
?Please show me screenshot or link to twitter or something please!!
sorry retweet of a fake account.
February 24, 2014, 08:29:55 PM
Quote
Retweeted by Chris Ellis
Mark Karpeles @MaglcalTux 1m
*Retweet* Bitcoin Withdrawals will be working by end of week. We at Mtgox would like to thank you all for your patience.
Mark Karpeles @MaglcalTux 1m
*Retweet* Bitcoin Withdrawals will be working by end of week. We at Mtgox would like to thank you all for your patience.
What?
?Please show me screenshot or link to twitter or something please!!
February 24, 2014, 08:28:30 PM
deleted post.
February 24, 2014, 08:22:06 PM
I am afraid of clicking that link as I don't know that website. Everyone should be cautious what links they click on when you deal with Bitcoin related stuff.
Anyway, in regards to this... "news" - it seems that the market reacted to it DRAMATICALLY that's for sure. There are many questions to be asked...
I got one for now - how come the figure is a rounded number? is the OP rounding it for us? or the blogger? because if such a theft accrued... it feels pretty safe to say it wouldn't be such a rounded number.
So, those of you who clicked and saw it... what is the actual exact figure "leaked"?
There is a possibility that someone with deep pockets on Gox asked to "leak" this document to collect cheap coins... who knows...
Anyay, time will tell...
What do you think?
Anyway, in regards to this... "news" - it seems that the market reacted to it DRAMATICALLY that's for sure. There are many questions to be asked...
I got one for now - how come the figure is a rounded number? is the OP rounding it for us? or the blogger? because if such a theft accrued... it feels pretty safe to say it wouldn't be such a rounded number.
So, those of you who clicked and saw it... what is the actual exact figure "leaked"?
There is a possibility that someone with deep pockets on Gox asked to "leak" this document to collect cheap coins... who knows...
Anyay, time will tell...
What do you think?
February 24, 2014, 08:03:50 PM
It's easy to have no money on Gox, when you have no severe mental retardation.
I wonder would Mark finally have succeeded in killing Bitcoin with this one; he's been trying long enough.
I wonder would Mark finally have succeeded in killing Bitcoin with this one; he's been trying long enough.
February 24, 2014, 07:58:53 PM
A year from now, when we have real professional licensed exchanges in major trade cities, this type of FUD will be rendered almost useless.
You need a license to trade with another human being ? Hahah statists are hilarious, first instinct is always 'let gov't handle it, they'll fix everything'
It's easy to laugh with "statists" when you have no money on Gox
February 24, 2014, 07:53:17 PM
A year from now, when we have real professional licensed exchanges in major trade cities, this type of FUD will be rendered almost useless.
You need a license to trade with another human being ? Hahah statists are hilarious, first instinct is always 'let gov't handle it, they'll fix everything'
February 24, 2014, 07:52:33 PM
Hey, those frappuccinos aren't exactly cheap.
February 24, 2014, 07:47:51 PM
This from his 2 bit blog.
"Things that are said to me that are not explicitly said “on the record” will not be written about in my posts. In the event that we are talking about anything other than a crystal clear interview, or a quote from a public presentation, I will ask whether I can attribute quotes and stories to certain people. In fact, I’ll go a step further, in the event I have enough information to “scoop” a person, company or organization, I’ll only do so if the information is already semi-public and non-damaging."
He must be very sure of the reliability of his source.
"Things that are said to me that are not explicitly said “on the record” will not be written about in my posts. In the event that we are talking about anything other than a crystal clear interview, or a quote from a public presentation, I will ask whether I can attribute quotes and stories to certain people. In fact, I’ll go a step further, in the event I have enough information to “scoop” a person, company or organization, I’ll only do so if the information is already semi-public and non-damaging."
He must be very sure of the reliability of his source.
February 24, 2014, 07:31:21 PM
Actually many people believe that Mt.Gox is insolvent. The vague press releases are enough for that we don't need anonymous sources.
The author just takes that and turns it into a doomsday mumble about bitcoin per se.
The author just takes that and turns it into a doomsday mumble about bitcoin per se.
February 24, 2014, 07:30:48 PM
Lol, nice price
February 24, 2014, 07:27:01 PM
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The cold storage has been wiped out due to a leak in the hot wallet.
What does this even mean?? The hot wallet was run on a water cooled server which was sitting above the cold storage paper wallets and the leak cause the ink to smudge making the keys unreadable? Come on. Even a fool compares assets to liabilities and would notice such a thing.
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.. an otherwise reliable source...I trust the authenticity...If this is a hoax, ..I am fully blindsided by [it]. I fear, however, that it is not.
Believe me bro.
So tone neutral:
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Apocolyptic,Crisis... [MtGox] can go bankrupt at any moment, and certainly deserves to..., cause governments to react...harsly, ... this could be the end of Bitcoin... This is catastrophic, and I am sorry to share this... I fear
FUD
February 24, 2014, 07:26:23 PM
Only have to look at BB to see that people are buying this rubbish. Unbelievable
February 24, 2014, 07:18:36 PM
hmm, at this point do we even need manufactured FUD to besmerch the reputation of MtGox? They've done a pretty bang up job of that on their own. 750,000 coins is possible, given that sums of several thousand were child's play when they opened the exchange in 2010. If it's not true, and coins are safe and sound... why have they not re-enabled withdrawals yet? Why no official announcement, "Hey everyone, we'd like to put some rumors to rest..."
Think about it...
Think about it...
Think the opposite. If they've lost this many coins, then there is literally no way back. They would have said by now, why stall the inevitable?
Collect fees on people trading during the uncertainty while meanwhile, management moves behind the scenes to minimize damage to their personal assets and perhaps look for investors to bail them out. i suspect that this is what mark and his inner circle are doing now.
Who will invest in someone losing 750k coins?
they don't necessarily need to cover all the lost coins to give the impression that it's business as usual. but the fact that they've been down for this long and recent actions strongly imply that something is seriously wrong with their accounting, perhaps to a greater degree than they originally believed.
i too doubt any investor would want to step in to provide emergency relief to mtgox, but that wouldn't prevent management from seeking out such a party. this would explain why they're remaining quiet with no further promised dates for updates. they could be trying to save the company, but until something goes through, they can't make any comments.
only satoshi can help them now
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