Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
smoothie
on 08/02/2014, 23:33:32 UTC
It seems Mr. Sturle can't see things in an unbias manner as he likely has a vested interest in MTGOX surviving.

Me on the other hand could care less if MTGOX goes belly up. I have nothing to lose if they go under.

Hence my unbias opinion of what is going on.

Whether or not my opinion is misconstrued as being biased by someone (*cough* Sturle) is irrelevant.

I'm simply calling things how I see it.

If MTGOX was solvent, then Mark would be publicly proclaiming from the roof tops of the Bitcoin world their solvency as well as proof via a simple bitcoin transfer to a new address to prove they have all the funds (ok ok or multiple transfers assuming they keep their BTC in separate wallets). Seems to be a pretty trivial matter to prove solvency, yet MTGOX has chosen not to prove this publicly.

Therefor I call it as I see it, MTGOX is insolvent.