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Topic: Should the foundation apologize to GOX?! - page 4. (Read 4322 times)

hero member
Activity: 658
Merit: 500
Small Red and Bad
February 12, 2014, 11:00:42 AM
#13
Apologize for what?
For letting them run a custom software that was buggy?

Gox did so much damage with their statement to the bitcoin world , they are the ones that should apologize.

Yeah, I think it should be the other way around.
Gox had problems before their official statement. No other exchange is as bugged as gox is, they have Facebook and Twitter accounts, but hardly ever write anything, they don't care about customers and basically have no customer support at all. Don't forget they also had fiat withdrawal problems - what does it have to do with bitcoin vulnerability? Good customer relations and smooth management of deposits/withdrawals are the basics if you run a financial business. Gox failed at both.
legendary
Activity: 1386
Merit: 1004
February 12, 2014, 10:58:32 AM
#12
Don't tell me we have another Federal Reserve mentality who is always late to the game and re-acts instead of ACTS!  Hmmmm Mt. Gox for all its past problems does not look like the bad guy to me fellas.

You academics need to pull your head out of your asses and listen for once instead of being in love with your calculators.  Lift your head up. 

Sorry but +1 for Gox.  Someone needs to redact some hurtful statements there.....

You need to examine the situation a little more closely.  Gox is clearly at fault.  Even with bugs they could manually process transactions (slowly) for those in need, that is if they have the coin to do so.  
full member
Activity: 140
Merit: 100
February 12, 2014, 10:57:57 AM
#11
Yep, I am coming out of the closet, just bought 40 more from 528 - 540 Wink  I will just buy, buy and buy.  That does not include cash I have with them as well.  Hehehe.  These dooms day sayers kill me everytime.

How do you think I have 6000 coins.  I do not do this for fun my friend.  I understand risk and this will be another example of where that has come in valuable.

Wesand: you have over 5000 coins in gox??
hero member
Activity: 840
Merit: 509
February 12, 2014, 10:51:31 AM
#10
Apologize for what?
For letting them run a custom software that was buggy?

Gox did so much damage with their statement to the bitcoin world , they are the ones that should apologize.

Yeah, I think it should be the other way around.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 12, 2014, 10:47:55 AM
#9
Apologize for what?
For letting them run a custom software that was buggy?

Gox did so much damage with their statement to the bitcoin world , they are the ones that should apologize.
hero member
Activity: 854
Merit: 1000
February 12, 2014, 10:46:48 AM
#8
Don't tell me we have another Federal Reserve mentality who is always late to the game and re-acts instead of ACTS!  Hmmmm Mt. Gox for all its past problems does not look like the bad guy to me fellas.

You academics need to pull your head out of your asses and listen for once instead of being in love with your calculators.  Lift your head up. 

Sorry but +1 for Gox.  Someone needs to redact some hurtful statements there.....
No, it's Gox's problem.  Their exchange is better suited for magic cards. 
hero member
Activity: 980
Merit: 508
February 12, 2014, 10:42:28 AM
#7
Wesand: you have over 5000 coins in gox??
member
Activity: 70
Merit: 10
February 12, 2014, 09:40:41 AM
#6
What is different here is we have the power to do something about it and soon you are going to see some changes.  From me.  I am in the shadows working on many projects but one of them will simply be a new core team of developers for BTC

Dude, there's no reason to work in the shadows. It's also bad for your eyes.

You blame some board of directors for this, yet any developer could have improved the problem areas surrounding malleability. Anyone -- including you and  developers employed by any exchanges -- could have posted patches for that and they would have been accepted if they were good enough.

Now the obvious fix for this lack of contributions in areas you think are important would be to start contributing and sending patches. But no, you'll work on a "new core team of developers". I don't see how that makes sense.
member
Activity: 84
Merit: 10
February 12, 2014, 09:27:10 AM
#5
Yes! A nice apology, lets go back to the old bitcoin days before serious money became involved Sad
legendary
Activity: 2674
Merit: 2965
Terminated.
February 12, 2014, 09:23:17 AM
#4
No. Stop talking nonsense.
This is Goxs fault and their bad software implementations, the other exchanges did not have this problem.
hero member
Activity: 968
Merit: 515
February 12, 2014, 08:37:36 AM
#3
I don't think they need to apologize, since MtGox send out badly formed TXs, but they should at least tell the truth.
https://bitcointalksearch.org/topic/m.5099461
https://bitcointalksearch.org/topic/m.5099896

I agree that many Bitcoin users tend to deny/ignore problems and think Bitcoin isn't vulnerable / that the Devs will fix all problems as soon as they appear in no time.
"Oh there is a hole on the street, lets just put a sign in front for the moment. Someone is going to fix it after a bunch of people fall into it."

The mentality was alright in 2009 when the media didn't watch Bitcoin, but now every problem with the network damages Bitcoins reputation.
In 2009 Bitcoin would have probably survived a 51% attack. Today reversed TXs would destroy Bitcoin.
full member
Activity: 140
Merit: 100
February 12, 2014, 08:07:42 AM
#2
So I posted the other day I had too many coins in gox across accounts to admit haha, and felt admitting that it was due to complacency and stupidity that I did so .... I take that back.  I now have 5783 coins in Gox as I am buying here and if I have the patience and guts to buy back in to 8,000 coins then I will do so.  They have never done me wrong and I understand that this is an experiment.  If I lose, I lose and I knew that way back when.

So who here has heard of a Board of Directors who knew there was a problem for over two and a half years and wrote papers and academics detailing the problem but did not act until after the problem had manifested itself?  The Federal Reserve you would say!?!  And you would be right.

What is different here is we have the power to do something about it and soon you are going to see some changes.  From me.  I am in the shadows working on many projects but one of them will simply be a new core team of developers for BTC, the community will have the opportunity to go in Bitcoin 1.0's direction or Bitcoin 2.0's direction.  I see too much Americentric development and discussion around Bitcoin's future.  Luckily the phenomenon has a voting mechanism to choose which way they wish to go with 51% of the network power.

They have all served their purpose and done well.  However for the experiment to become reality, we will require a bit more discipline and less drama.
full member
Activity: 140
Merit: 100
February 12, 2014, 07:53:22 AM
#1
Don't tell me we have another Federal Reserve mentality who is always late to the game and re-acts instead of ACTS!  Hmmmm Mt. Gox for all its past problems does not look like the bad guy to me fellas.

You academics need to pull your head out of your asses and listen for once instead of being in love with your calculators.  Lift your head up. 

Sorry but +1 for Gox.  Someone needs to redact some hurtful statements there.....
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