Author

Topic: Very Bad News about Mt.Gox in Japanese media!!! (Read 5320 times)

legendary
Activity: 1232
Merit: 1002
February 24, 2014, 08:59:49 AM
#38
Can't confirm with any links. Got this information from an Xbox Live game channel, with some Japanese Members.

was it a lvl 72 wizard?


Or a lvl 86 Cleric?
donator
Activity: 90
Merit: 10
Can't confirm with any links. Got this information from an Xbox Live game channel, from Japanese Members.

This is ..... fantastic.
full member
Activity: 217
Merit: 105
Don't Be Stupid
I hope it's just FUD  Grin
I was looking for the same too, but did not found anything bad news related about Gox ..
full member
Activity: 154
Merit: 100
I don't always pay attention to current events

But when I do it's mostly via Xbox Live.

Congrats on the new low!
zyk
full member
Activity: 224
Merit: 101
LOL

lame attempt to induce people to sell

Why don't you at least create a fake blog or something if you are going to be making up lies?

people sell anyway as its clear now that those worthless BTC can´t be traded confidentially or let alone securly at any exchange

for Fiat....you should even avoid to have any money parked there....GTFO the shit won´t get used more...its over
sr. member
Activity: 338
Merit: 253
LOL

lame attempt to induce people to sell

Why don't you at least create a fake blog or something if you are going to be making up lies?
sr. member
Activity: 364
Merit: 250
links or it didn't happen.
zyk
full member
Activity: 224
Merit: 101
anybody seeing Mark coming to the office today ?

no protesters, no media, no police, no announcement, no IRC ......

got the Bahamas a bitcoin exchange yet !?
zyk
full member
Activity: 224
Merit: 101
Does someone knows the percentage of Asian Mt Gox users? What if they all decide to sell there Bitcoins when the bad news is becoming public?

Lets say 75 percent off the users is Asian. With a price of 280 dollar atm the price after the sell should be 70 dollar on Gox.

Lets keep it realistic and lets say that 40 percent of that 75 percent Asians sells off by hearing the news. Then we have a bitcoin price on MT Gox around 125 dollar in about 4 hours?

I feel sorry for the people who the people who kept trust and have to sell below that 125 dollar. Roll Eyes

Are you the egg or the hen of that "public" news?
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Does someone knows the percentage of Asian Mt Gox users? What if they all decide to sell there Bitcoins when the bad news is becoming public?

Lets say 75 percent off the users is Asian. With a price of 280 dollar atm the price after the sell should be 70 dollar on Gox.

Lets keep it realistic and lets say that 40 percent of that 75 percent Asians sells off by hearing the news. Then we have a bitcoin price on MT Gox around 125 dollar in about 4 hours?

I feel sorry for the people who the people who kept trust and have to sell below that 125 dollar. Roll Eyes

What bad news? Link please.
full member
Activity: 252
Merit: 100
Does someone knows the percentage of Asian Mt Gox users? What if they all decide to sell there Bitcoins when the bad news is becoming public?

Lets say 75 percent off the users is Asian. With a price of 280 dollar atm the price after the sell should be 70 dollar on Gox.

Lets keep it realistic and lets say that 40 percent of that 75 percent Asians sells off by hearing the news. Then we have a bitcoin price on MT Gox around 125 dollar in about 4 hours?

I feel sorry for the people who the people who kept trust and have to sell below that 125 dollar. Roll Eyes
sr. member
Activity: 447
Merit: 250
In the phone call was made clear that the company is unable to provide all users to withdraw their Bitcoins, and it therefore prefers to pay out everyone in fiat.

Well, with never ending increasing fiat withdrawal delays, MtGox can be solvent forever  Smiley
One year wait time for fiat withdrawal might soon become standard at MtGox
full member
Activity: 252
Merit: 100

UPDATE: MORE BUYS, MORE SELLS!

OMFG, WTF IS GOING TO HAPPEN NEXT!?
It seems people are selling again !!
newbie
Activity: 19
Merit: 0
Can't confirm with any links. Got this information from an Xbox Live game channel, with some Japanese Members.

was it a lvl 72 wizard?


At the very least! Only ascended ones have that kind of hack mana... and finding an ascended wizard bellow 75 is nearly impossible. I don't buy it.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
full member
Activity: 252
Merit: 100
Just want my Bitcoins back.
hero member
Activity: 686
Merit: 500
Ultranode

UPDATE: MORE BUYS, MORE SELLS!

OMFG, WTF IS GOING TO HAPPEN NEXT!?
newbie
Activity: 7
Merit: 0
full member
Activity: 252
Merit: 100
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
FUD!!!

edit: last-minute panic FUD!!!  Cheesy
legendary
Activity: 1204
Merit: 1002
I can't find anything like this in Japanese media either, and I've been looking.

This may be a misunderstanding of this CNBC article:

A small protest outside the offices of Mt Gox has been ongoing since last Friday. Two Mt Gox customers, including former software developer Kolin Burges, have traveled to Japan in the hope of retrieving their bitcoins and finding out more details of the trading halt.

Burges told CNBC via telephone that there had been implications that the protest had been the reason for Mt Gox's move, with an angry landlord threatening to expel the company. However, Burges said he didn't believe this to be the case and considered that the company may have been the subject of a more formal physical threat from users with large deposits at Mt Gox.

"Nobody is really sure of what is going on," he said. "I have seen a couple of large security guards at the offices all day today."


There are other articles based on that article, some not too clear. After a few rewrites and translations, something like the original poster's rumor may have emerged.
full member
Activity: 252
Merit: 100
Xubu, it would seem you have likely been misinformed. Do you speak or read Japanese?

A search of the Asahi Shinbun site yields only this article, from Feb 18: http://www.asahi.com/tech_science/cnet/CCNET35044044.html

Also, a google news search  for Mt Gox 引き出し (withdrawal) 停止 (halt) gives nothing much more.

I reckon your friend, or you, are full of shit. Prove me wrong.
I speak several languages, but not Japanese  Roll Eyes. The language spoken in the game channel is English. I have an amount off BTC on Gox so i really hope i am misinformed. But as said earlier the guys were really serious on this, so i am really worried.
 
full member
Activity: 181
Merit: 104
Xubu, it would seem you have likely been misinformed. Do you speak or read Japanese?

A search of the Asahi Shinbun site yields only this article, from Feb 18: http://www.asahi.com/tech_science/cnet/CCNET35044044.html

Also, a google news search  for Mt Gox 引き出し (withdrawal) 停止 (halt) gives nothing much more.

I reckon your friend, or you, are full of shit. Prove me wrong.
newbie
Activity: 42
Merit: 0
death threats?

I hope that's not true.  People can mock & humiliate Mark as much as they want, it's a natural response of frustration.
But death threats is a whole new level.
IF Mark gets beaten, or worse, now THAT would be bad news to the community.


bitcoins represent money.
People all over the world get death threats or even worse, seriously injured or killed over money.

Why would Karpeles or bitcoin be any different? Especially since we are talking about large sums of money.


Here is an example of stuff that is out there http://www.mtgoxtakeover.com/?q=msg.

Quote
You will be found sooner or later and then they will punish you.

...

If this situation will be handled down in a serious way, nobody will kill you.


And this was written by someone who used a real name and who posts on this forum.

Horrible.

full member
Activity: 252
Merit: 100
Can't confirm with any links. Got this information from an Xbox Live game channel, with some Japanese Members.

ok it's fake Shocked

If I thought it was fake, I would not have posted. I know the guys for a long time, they are very trusted and clever. They were all over it so its really gonna happen.
sr. member
Activity: 266
Merit: 250
I want free lunch, i'm gonna go with this guy.
Can't confirm with any links. Got this information from an Xbox Live game channel, with some Japanese Members.

was it a lvl 72 wizard?
newbie
Activity: 7
Merit: 0
Can't confirm with any links. Got this information from an Xbox Live game channel, with some Japanese Members.

ok it's fake Shocked
sr. member
Activity: 266
Merit: 250
I want free lunch, i'm gonna go with this guy.
I don't like the warmongering attitude here.  I'm not sympathizing with Mark Karpeles but he's innocent until proven guilty.
Yes, he has to go to prison if he broke any laws.
NO, to people who would applaud to a criminal that takes justice in his own hands.
full member
Activity: 252
Merit: 100
Can't confirm with any links. Got this information from an Xbox Live game channel, from Japanese Members.
hero member
Activity: 658
Merit: 500
A link would be nice, if not, at least a list of Japanese media names
newbie
Activity: 7
Merit: 0
it's a hoax, plz proof with a link
legendary
Activity: 1120
Merit: 1003
death threats?

I hope that's not true.  People can mock & humiliate Mark as much as they want, it's a natural response of frustration.
But death threats is a whole new level.
IF Mark gets beaten, or worse, now THAT would be bad news to the community.


What do you mean by "or worse"? If you mean killed, then that would be bad because it really doesn't help anything, or do much to punish Mark. I would prefer to see him put in prison (rape cage). While most people in rape cages never even victimized anyone, Mark has victimized a slew of people. Being in prison will give him time to think about what a dick he's been.
newbie
Activity: 42
Merit: 0
death threats?

I hope that's not true.  People can mock & humiliate Mark as much as they want, it's a natural response of frustration.
But death threats is a whole new level.
IF Mark gets beaten, or worse, now THAT would be bad news to the community.


bitcoins represent money.
People all over the world get death threats or even worse, seriously injured or killed over money.

Why would Karpeles or bitcoin be any different? Especially since we are talking about large sums of money.
This. Don't understand why people are sympathising with him for what he's done.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Maybe the OP can explain why there are no links in his post and I cannot find any reference to this in Google news?
full member
Activity: 140
Merit: 100
death threats?

I hope that's not true.  People can mock & humiliate Mark as much as they want, it's a natural response of frustration.
But death threats is a whole new level.
IF Mark gets beaten, or worse, now THAT would be bad news to the community.


bitcoins represent money.
People all over the world get death threats or even worse, seriously injured or killed over money.

Why would Karpeles or bitcoin be any different? Especially since we are talking about large sums of money.
hero member
Activity: 980
Merit: 508
Any links?
sr. member
Activity: 266
Merit: 250
I want free lunch, i'm gonna go with this guy.
death threats?

I hope that's not true.  People can mock & humiliate Mark as much as they want, it's a natural response of frustration.
But death threats is a whole new level.
IF Mark gets beaten, or worse, now THAT would be bad news to the community.
full member
Activity: 252
Merit: 100
Various japanese media spread negative news in their late evening journals on the situation about Mt.Gox. They talked short about the death threats and protests against Mark Karpeles. Then they came up with a recorded (hacked?) phone call from insiders at Mt.Gox.
 
In the phone call was made clear that the company is unable to provide all users to withdraw their Bitcoins, and it therefore prefers to pay out everyone in fiat.

The company would announce the news to the public on Monday morning (Tokyo Time).

I wonder what impact this will have on the bitcoin community.

Cheers
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