Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29270. (Read 26615678 times)
February 25, 2014, 04:22:18 AM
I'm going to go ahead and say it: LTC on Gox by April!!!!!!!!!
February 25, 2014, 04:21:32 AM
That lends credibility to the leaked document, I'd say.
and why would you say that?
February 25, 2014, 04:20:21 AM
Sorry if i am repeating old news, but, which are your thoughts abut this document?:
http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
Go back to page 5100 and read from there.
The redacted page 8 of the document is easy to get clear by just openening that page in Inkscape. Result: http://imgur.com/mIjpIii
http://imgur.com/mIjpIii
(no idea why that inline image does not work).
That lends credibility to the leaked document, I'd say.
February 25, 2014, 04:19:54 AM
For everyones info, Jeff Garzik is a bitcoin core dev.
February 25, 2014, 04:19:29 AM
Nobody is thinking that the government is behind this ?
February 25, 2014, 04:19:04 AM
Meanwile bitcoinbuilder has gone tits up, darnit...
YEAH>>>>> Bitcoinbuilder seems to be totally dependent on GOX in order to operate, NO? WERE BitcoinBuilder customers able to actually liquidate some of their Gox coins and to get real BTC from Bitcoinbuilder?
I bet its the Winklevi that just bought out Gox!
That would inspire confidence, no?
February 25, 2014, 04:18:25 AM
I bet its the Winklevi that just bought out Gox!
February 25, 2014, 04:14:35 AM
OK end up the FUD about gox https://twitter.com/jgarzik/status/438138218614390784
Jeff Garzik
@jgarzik
Edit: although I think that account is fake, so this shouldn't be taken serious
Jeff Garzik
@jgarzik
Quote
OK, here is my zero-evidence speculation: @MtGox got bought by someone willing to clean up the mess.
Quote
I thought I should set some things straight. Please don't take this as official from Mt.Gox in anyway, but I have a duty to come clean and calm some of the rampant FUD and rumours.
That "Crisis Management" document did not come from Mt.Gox internally, and there are a lot of attempts to discredit Gox.
I don't want to irritate Mark or our benefactors, so I can't say much, but I can say that have a little faith. Mt.Gox is not "down". The landing page is blank, correct.
Also, Gox.com should be active, and I know Mark and the rest of the management is extremely grateful for many benefactors who are currently in the process of arranging to make Gox as robust and top-notch as it can possibly be.
Do not worry, and please keep the tin-foil hats away.. I know it's hard and I need to repeat this is my personal statement, not an official release, but I will say this - good news is coming. Have faith.
Hm.. https://twitter.com/jgarzik/status/438138218614390784
-ne0futur
(the inevitable - "This account is new!" will start, and that's fine. so what? I make it a habit of avoiding reddit, but in this situation I think an exception was due)
That "Crisis Management" document did not come from Mt.Gox internally, and there are a lot of attempts to discredit Gox.
I don't want to irritate Mark or our benefactors, so I can't say much, but I can say that have a little faith. Mt.Gox is not "down". The landing page is blank, correct.
Also, Gox.com should be active, and I know Mark and the rest of the management is extremely grateful for many benefactors who are currently in the process of arranging to make Gox as robust and top-notch as it can possibly be.
Do not worry, and please keep the tin-foil hats away.. I know it's hard and I need to repeat this is my personal statement, not an official release, but I will say this - good news is coming. Have faith.
Hm.. https://twitter.com/jgarzik/status/438138218614390784
-ne0futur
(the inevitable - "This account is new!" will start, and that's fine. so what? I make it a habit of avoiding reddit, but in this situation I think an exception was due)
Edit: although I think that account is fake, so this shouldn't be taken serious
February 25, 2014, 04:13:39 AM
Meanwile bitcoinbuilder has gone tits up, darnit...
February 25, 2014, 04:12:11 AM
all this fud was engineered to let them buy out their liabilities on the cheap
February 25, 2014, 04:12:08 AM
So are real BTC more scarce than ever now ? Isn't that....errr....good news ?
How so? It's not like the coins vanished into the air just because they were stolen?
February 25, 2014, 04:11:38 AM
I agree, after reading it a couple times I think the leak is fake.. it just seems so far fetched. It's weird that several parts of it have been confirmed independently though, something just isn't adding up.
"A leak in out hot wallet" causing coins to be lost from their "cold wallet". If that truly happened, then they have the worse security practices ever...
"A leak in out hot wallet" causing coins to be lost from their "cold wallet". If that truly happened, then they have the worse security practices ever...
Well a cold wallet isn't really a cold wallet if it can leak coins through a hot wallet anyway.
The number itself is very far fetched indeed. A theft of this magnitude would not go unnoticed for very long, not to mention if it were real a single person or entity would effectively have the power to dump every exchange's order book to pretty much zero. I think the problems at Gox are still much more fiat liquidity issues coupled with technical problems Mark has no clue how to solve.
Oh, and the entire "internal" document refers to Gox in the 3rd person as if commenting on the situation from the outside.
February 25, 2014, 04:11:22 AM
February 25, 2014, 04:11:12 AM
I went to sleep 30 pages ago. Is all that happened that mtgox stopped trading until further notice?
February 25, 2014, 04:10:25 AM
So are real BTC more scarce than ever now ? Isn't that....errr....good news ?
February 25, 2014, 04:10:06 AM
Well the market is kind of treating the release as truth.
Gox can only win from this. If it is true well they've already pretty much lost everything so what is there to lose
If they lost a substantial amount of coins but much less than the 744k people will actually take it as good news
Gox can only win from this. If it is true well they've already pretty much lost everything so what is there to lose
If they lost a substantial amount of coins but much less than the 744k people will actually take it as good news
February 25, 2014, 04:08:39 AM
"At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years."
This simply can't be right unless a few insiders were stealing them.
That document is FUD, guaranteed. I believe Mt.Gox are not solvent and will not survive on their own but that 744k BTC theft smells like BS like a lot of other stuff that doesn't make sense in that "leak".
I agree, after reading it a couple times I think the leak is fake.. it just seems so far fetched. It's weird that several parts of it have been confirmed independently though, something just isn't adding up.
"A leak in our hot wallet" causing coins to be lost from their "cold wallet". If that truly happened, then they have the worst security practices ever...
February 25, 2014, 04:07:37 AM
"At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years."
This simply can't be right unless a few insiders were stealing them.
February 25, 2014, 04:04:58 AM
OMG PANIC !
Everyone's trying to figure out if this is good or bad first.
February 25, 2014, 04:04:00 AM
Hmmm, mtgox home page source code now reads:
MtGox.com
Code:
OMG PANIC !
Jump to: