Post
Topic
Board Speculation
Re: (Poll) Do you have money in Mt Gox?
by
evolve
on 17/02/2014, 02:06:18 UTC
No. There is no proof that Gox is selling BTC it doesn't have, yet.  People assume that they are insolvent, but as I said before, only karpeles and his cronies know for sure.

The truth is no one knows, but the market is acting on pure assumption at this point due to a lack of communication from Gox.

What does gox achieve by not allowing withdrawals?

Conspiracy to drive down the price?

Although, Karpeles looks like a complete moron, so my bet is, he has lost the money, screwed everyone over and is now destroying gox.



Because they haven't fixed the transaction duplication problem.
If there is indeed such a problem. I don't believe they could be so incompetent as to have a known piece of the code shut them down for so long with no word on when things will be back in working order. It's a scam at this point.

I think they are definitely that incompetent.  Gox always handles things in the most stupid way imaginable.  


That said, whether they can survive this or not is uncertain; then again it was uncertain they'd survive the hack and trade rollback back in 2011.