Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29373. (Read 26610702 times)

legendary
Activity: 2604
Merit: 1748
From http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_still_authoring_invalid_transactions/
(According to an earlier post on that thread, user @nullc is Gregory Maxwell, one of the core developers)

Quote
@nullc 114 points 21 hours ago

I haven't seen any evidence that they're testing anything— just the regular dust sweeping transactions that they've had going on continually.

Initially when MTGox suspended withdraws I was fairly confident that all would be fixed soon (and said so as much on Reddit)— their technical issues were simple, and with proper controls in place could not have resulted in especially large losses. I especially expected losses to be small considering that they were reported by users and not discovered by MTGox themselves.

Considering MTGox's subsequent behavior— the extended outage, talk of withdraw limits, etc, I'm no longer confident of anything. Sad

Are there any news newer than this one, about the "MtGOX is testing" rumor?



Not that I have seen since - saw that yesterday - and I am pretty convinced from having read that thread it is indeed Greg Maxwell - he basically said they still haven't fixed it, and he wasn't at all convinced they were even close to doing it.

hero member
Activity: 841
Merit: 1000
Bitcoin in trouble, world governments introduce anonymous payment system which some are calling "Cash". Wink

https://bitcointalksearch.org/topic/how-cash-would-be-seen-by-the-media-if-invented-today-483651
Brilliant article! Shows the hypocrisy of the mainstream media.
legendary
Activity: 1120
Merit: 1012
Bitcoin in trouble, world governments introduce anonymous payment system which some are calling "Cash". Wink

http://www.coindesk.com/cash-invented-seen-media-today/
hero member
Activity: 910
Merit: 1003
From http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_still_authoring_invalid_transactions/
(According to an earlier post on that thread, user @nullc is Gregory Maxwell, one of the core developers)

Quote
@nullc 114 points 21 hours ago

I haven't seen any evidence that they're testing anything— just the regular dust sweeping transactions that they've had going on continually.

Initially when MTGox suspended withdraws I was fairly confident that all would be fixed soon (and said so as much on Reddit)— their technical issues were simple, and with proper controls in place could not have resulted in especially large losses. I especially expected losses to be small considering that they were reported by users and not discovered by MTGox themselves.

Considering MTGox's subsequent behavior— the extended outage, talk of withdraw limits, etc, I'm no longer confident of anything. Sad

Are there any news newer than this one, about the "MtGOX is testing" rumor?

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 126
Merit: 100

I guess we need to ask this guy


http://www.mtgoxtakeover.com/?q=who


 Who we are ?

For many good reasons, the members of our Team will not show up for the moment.

Our Team BTC Account is: 1GaVv4WvWgHPaRCS7MHeQJv3tF8sXqRR46

You can contact us [email protected]

 

Who am I ?

I am Lehner Franz, 39 years old, Cybercrime Specialist, 2 Children

...

(edit.. it is all a little bit death threaty huh)
 

A little bit?
"If this situation will be handled down in a serious way, nobody will kill you." --from the Msg to Mark page.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot

Sorry but you don't get indicators this clear every day



now THAT is the funniest thing I have seen in some time
hero member
Activity: 910
Merit: 1003

Good luck to them.

However, "1-2 million BTC" is an estimate for what MtGOX owes its clients, not of MtGOX's assets. 

MtGOX's assets are the real BTC it has in its orporate wallets (and whose keys are not lost  Wink) and the money it has in its corporate bank accounts. From those assets one must subtract that 1-2 million BTC of account balances (ie. ~1 billion dollars), in order to get the company's net worth.

Mark's personal wallets and bank accounts are not MtGOX assets.  To get hold of them, I suppose one must convince Mark to invest in the New MtGOX, or sue him; and only the creditors (including his clients) can do the latter.
 
So, MtGOX's net worth may be anywhere between plus a few million dollars and minus a billion dollars or more, with several lawsuits for dessert.

Moreover, who knows how many of those "1 million accounts" are active and/or have positive balance.  My guess is less than 10,000.

If that project succeeds, it may go down in history as the, ahem, weirdest company takeover ever...
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
Looks like a bit of FUD elsewhere on this forum might have sparked this mini Gox flash-crash.

https://bitcointalksearch.org/topic/m.5322347

Aww... that's too bad. I would love to hear these supposed "hacked phone calls"!

Don't give anyone ideas!  Wink
legendary
Activity: 1120
Merit: 1012
Wall observer... nobody say something about these big ask walls?

Yea, manipulation to buy even more cheap coins. Nothing more, these coins really are not for sale.

I believe they've been sold...

Volume doesn't say so. Pulled.

Yeah, partially eaten and partially pulled. It's hard to glean information from some of these exchange tracking sites... even when they are working properly.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
(edit.. it is all a little bit death threaty huh)
 
Shocked  a little bit......

Special at Starbucks: ricin frappucino
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Looks like a bit of FUD elsewhere on this forum might have sparked this mini Gox flash-crash.

https://bitcointalksearch.org/topic/m.5322347
Can't confirm with any links. Got this information from an Xbox Live game channel, from Japanese Members.
LOL!
legendary
Activity: 1120
Merit: 1012
Looks like a bit of FUD elsewhere on this forum might have sparked this mini Gox flash-crash.

https://bitcointalksearch.org/topic/m.5322347

Aww... that's too bad. I would love to hear these supposed "hacked phone calls"!
legendary
Activity: 1008
Merit: 1003
WePower.red
Wall observer... nobody say something about these big ask walls?

Yea, manipulation to buy even more cheap coins. Nothing more, these coins really are not for sale.

I believe they've been sold...

Volume doesn't say so. Pulled.
full member
Activity: 378
Merit: 100
(edit.. it is all a little bit death threaty huh)
 
Shocked  a little bit......
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
Can't even keep up with the appearing, disappearing, reappearing, moving walls on Gox. Some people have a lot of coins to push around. So far it's not working very well though, they almost immediately get eaten into a couple of coins and then they pull 'em.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
Looks like a bit of FUD elsewhere on this forum might have sparked this mini Gox flash-crash.

https://bitcointalksearch.org/topic/m.5322347
legendary
Activity: 1120
Merit: 1012
Wall observer... nobody say something about these big ask walls?

Yea, manipulation to buy even more cheap coins. Nothing more, these coins really are not for sale.

I believe they've been sold...
full member
Activity: 220
Merit: 100
Damn those walls fell fast  Shocked
legendary
Activity: 1120
Merit: 1012
Wall observer... nobody say something about these big ask walls?

At Gox? Huge chunks of liquidity.

Too bad they are still only Goxcoins.

Om nom nom anyway...
Jump to: