- Joined
- Mar 18, 2003
It's at $600 USD right now at VoS as well.
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Meltdown at MtGox. Update: 2/28 BANKRUPTCY FILED
- Thread starter eaglescouter
- Start date
- Joined
- Jan 28, 2011
- Location
- CA
Losing Mtgox doesn't really seemed to have concerned anybody buying does it?
- Joined
- Mar 12, 2002
This was on the front page of my local news paper today. The cashier at the gas station I go to regularly knows Im into cryptos and he pointed it out to me when I went by a little while ago. He firmly believes that mark has run off with the money and the yakuza is gonna cut him up into little pieces. I almost loled about it. Seriously though I really wish this would be finished. BTC is trying desperately to recover right now, and it just cant seem to make any real ground. Every couple of up ticks some new rumor surfaces and brings it back down. I have purchased 1.86 BTC in the last week and Im planning to drop all but 0.7BTC the minute it hits $800+ again.
- Joined
- Jan 14, 2011
so is everyone else :'( hold on till 10,000 plix.
- Joined
- May 15, 2010
- Location
- Euroland, Denmark
So, Bitcoins dont pop up often in the new here in Denmark, but today, it was the main topic on the morning radio.
A lot of bull**** fact were handed out, and the idiot expert only lived by Mt.Gox rate. What a fool!
Anyway, he said that the Japanese national bank has annouced it will not cover loses that have been done to Mt.Gox users.
That said, the guy on the Radio said its very unsafe and you could lose your bitcoins at anytime if the exchanges crash. Fact, keep it in YOUR WALLET, and you shall be fine.
Scare tactics, but big investors will jump in the pool sooon as this blows over in a few months, and i am sure we will see BTC raise in value once more.
Now, on to a statement on BTC-e.
For me, it seems like part 2, simple states, that Mt.Gox was an inside job, and a global scam.
A lot of bull**** fact were handed out, and the idiot expert only lived by Mt.Gox rate. What a fool!
Anyway, he said that the Japanese national bank has annouced it will not cover loses that have been done to Mt.Gox users.
That said, the guy on the Radio said its very unsafe and you could lose your bitcoins at anytime if the exchanges crash. Fact, keep it in YOUR WALLET, and you shall be fine.
Scare tactics, but big investors will jump in the pool sooon as this blows over in a few months, and i am sure we will see BTC raise in value once more.
Now, on to a statement on BTC-e.
BTC-e said:
For me, it seems like part 2, simple states, that Mt.Gox was an inside job, and a global scam.
That's not how it read for me. Sounds more like they're seeing a large number of users pull their balances out of their exchange and are hoping to alleviate (warranted) concerns that have arisen from the Gox fiasco.
- Joined
- May 15, 2010
- Location
- Euroland, Denmark
I was concerned with the part where Mt.Gox have claimed its a floor in Bitcoin thats lead to the downfall of said place. If Mt.Gox has that issue, why wouldnt everyone else. The inside job being that Mt.Gox has stolen the bitcoins from them selves.
- Joined
- Feb 21, 2008
- Location
- Baltimore, MD
how it reads to me is that they are just saying the reason for the MtGox fiasco is NOT due to a problem with BTC itself. They arent outright saying that MtGox did this as an "inside job" but rather, they were ultimately responsible for their own problems (be it poor money/business handling, or whatever)
- Joined
- Oct 14, 2012
mtgox files for bankruptcy
http://www.businessinsider.com/r-mt-gox-files-for-bankruptcy-protection-in-tokyo-media-2014-28
http://www.businessinsider.com/r-mt-gox-files-for-bankruptcy-protection-in-tokyo-media-2014-28
- Joined
- May 15, 2010
- Location
- Euroland, Denmark
Now the wait for recovery begins.
- Joined
- Sep 7, 2013
YEEEHAW 
Can't wait for BTC to fully recover. Gotta mine full tilt now
Can't wait for BTC to fully recover. Gotta mine full tilt now
- Joined
- Nov 25, 2008
- Joined
- Jan 14, 2011
- Joined
- Nov 25, 2008
OT but please don't support gawker sites by linking to them. There are plenty of much better sites on the interest to get news from. Here's an alternate link:
http://arstechnica.com/business/201...tcoins-mtgox-files-for-bankruptcy-protection/
I got fed up of seeing click bait from gawker along with a bunch of horribad site redesigns a few years back. It's alright though because they never really post anything original anyway.
http://arstechnica.com/business/201...tcoins-mtgox-files-for-bankruptcy-protection/
I got fed up of seeing click bait from gawker along with a bunch of horribad site redesigns a few years back. It's alright though because they never really post anything original anyway.
![(G{in}[AK)TION]](/forums/data/avatars/m/116/116613.jpg?1469679448){kind=avatar}
- Joined
- Apr 14, 2011
im glad mtgox is out of the picture. their site was garbage anyway.
right now im looking at my balance on cryptsy, it seems like after mining for a while, i reach 0.32 btc. then the next day, its 0.30. mine some more btc and see it back at 0.32. then i see it fall back down to 0.32.
im sure that if i keep this up, i might reach 0.40 or more.
right now im looking at my balance on cryptsy, it seems like after mining for a while, i reach 0.32 btc. then the next day, its 0.30. mine some more btc and see it back at 0.32. then i see it fall back down to 0.32.
im sure that if i keep this up, i might reach 0.40 or more.
- Joined
- Apr 29, 2010
- Location
- Central FL
The problem I see is that the same people will pop up somewhere running another exchange one day. There is no way for them to be "flagged" as the people behind mtgox other than word of mouth. It will be a while but they will be back again.
- Joined
- Jan 28, 2011
- Location
- CA
Maybe not, I read somewhere that the CEOs own journal said "I never finish anything I start." He might move on to other things.
