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Topic: Who's going to sue MtGox first? (Read 1172 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
April 03, 2013, 03:41:21 PM
#10
Use other exchanges. Simply put. Gox should not be the end all be all.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 03, 2013, 03:20:59 PM
#9
Who's going to sue MtGox first?

For what exactly?
member
Activity: 70
Merit: 10
April 03, 2013, 03:15:24 PM
#8
With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


High doubtful an institutional investor could/would use Mt. Gox due to lack of liquidity, too much systematic risk, and simple fact that institutions would never chase a short-term parabolic move.

What would they use if not gox?

Tradehill's dark pools, although I highly doubt institutional money is flowing directly into Bitcoin. The systematic risk is far too great and the levels of liquidity are far too low. A single investment from one institution would move dramatically move the market. Tradehill is addressing this, but I still see it as a tough sell.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
April 03, 2013, 02:52:03 PM
#7
Sue for what? You not doing your due diligence?
Welcome to a truly free market. It's called a shark tank for a reason. You get big rewards or take big falls. If that is too scary then buy insurance and stick to your 401k.
legendary
Activity: 1232
Merit: 1001
April 03, 2013, 02:50:46 PM
#6
Well, a professional company specialized in Stock Trading or something like that could possibly deal with this a lot better.

But I'm actually very happy, that the biggest BTC exchange is still in the Hands of a real Bitcoiner. He could possible sell it for Millions if not close to a billion right now. (Just think about the billions for Skype)

Kudos to him that he hasn't done it jet and stays away from all this hassle.
full member
Activity: 182
Merit: 100
April 03, 2013, 02:50:32 PM
#5
With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


High doubtful an institutional investor could/would use Mt. Gox due to lack of liquidity, too much systematic risk, and simple fact that institutions would never chase a short-term parabolic move.

What would they use if not gox?
member
Activity: 70
Merit: 10
April 03, 2013, 02:49:42 PM
#4
With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


High doubtful an institutional investor could/would use Mt. Gox due to lack of liquidity, too much systematic risk, and simple fact that institutions would never chase a short-term parabolic move.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
April 03, 2013, 02:47:06 PM
#3
With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.


I don't think you can sue eBay for your auctions being removed or their site crashing and you being unable to sell your item to the bidders.
legendary
Activity: 840
Merit: 1000
April 03, 2013, 02:46:27 PM
#2
I would enjoy this happening.
full member
Activity: 182
Merit: 100
April 03, 2013, 02:45:17 PM
#1
With a lot of institutional, big money pouring into the Bitcoin world, I wonder who is going to be the first institutional investor to sue the shit out of MtGox.

Marky Mark's software monster sucks worse than a crack whore on discount night. I am sure a lot of people lost a lot of moolla because of Magic the Gathering Marky.
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