Post
Topic
Board Economics
Re: GOX crashing bitcoin price Why not just delete their wallet from the blockchain?
by
stompix
on 09/03/2018, 18:02:25 UTC
Gox is crashing the bitcoin price again! Why not just delete their wallet from the blockchain? Or create a forked new bitcoin without them in it?

According to this article the people who had their coins stolen aren't getting back their coins or the current value of the coins and the owners of mt. gox might get the coins instead

https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals


You can't delete a wallet from the chain.
You can't delete an address or coins from the chain.

Creating a fork without the gox coins? Why?
Next we might create a fork without bitstmap coins and next time a fork without YOUR coins!!!!
How would that feel?

It was known for a long time that those coins are going to be sold, we knew for years that they are not going to get BTC back but fiat, if they would get any.

We need cheap price and a lot of new money and investors to come back here to starting to buy bitcoin again .

No we don't need cheap price.
People were buying at 7, were buying at 200, at 1000 and even at 15000.
Maybe one year later we are going to look back and laugh at posts saying would never reach 50k.

What we need is already there, bitcoin is still working, MtGox or not, the protocol works just fine.