Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
mightycount
on 07/02/2014, 18:22:33 UTC

I am willing to sell you the following at 90% of the face value:

476.22140850 BTC in Mt.Gox user interface
58.59 BTC in delayed transfers.


WOW, you must have huge balls to keep such an amount on Scox.

Generally speaking, I think we should fasten our seat belts and get ready for the worst scam in Bitcoin history. Let's face the facts. Most likely, the story about a technical issue is plain bullcrap. And by now, also the most naive Bitcoiner must have realized that Mt.Gox is not to be trusted as a trading platform leaving those crooks with only two options.

A: Take hundreds of millions in customer funds and disappear enjoying la dolce vita on some private island somewhere in the Pacific.
B: Announce that everything is back to normal and watch 99% of all customers instantly withdraw their coins.

As far as I am concerned, it's kinda obvious what it's going to be.

Not only do they face a simple decision, but it also seems like they got ready for this very moment quite a while ago. According to the article "The rise and fall of the world's largest bitcoin exchange" published on wired.co.uk (7th of November 2013), Mt.Gox not even has a physical office anymore. And of course Karpeles and his gang weren't seen in a very long time as well. Plus, they might start feeling some heat after Shrem and Faiella's arrest. 

Well, let's hope for the best while preparing for the worst.

Good luck.

With his pudgy face all over Internet, Mark is gonna need a serious plastic intervention before he could entertain such an idea. Also, Pacific doesn't have a whole lot of private islands anymore. And the Caribbean is vast, but not totally uninhabited.