I have quit reading this thread due to high volume and very low signal to noise ratio. Just stopping by announce that my 10k EUR withdrawal from January 4th changed to pending today, and will arrive tomorrow. I have cancelled my other withdrawals to buy BTC.
Please re-consider. There needs to be a voice of reason in this mad house. I'm sure I'm not alone in appreciating your input.
What in his input do you appreciate the most?
Surely you understand that by following his advice, I would have lost about 1 million dollars compared to my biting the bullet and losing "only" 150k?Of all the people outside Mt.Gox, sturle bears perhaps the most responsibility of the untold millions that ordinary people lost by listening this lulling voice of "reason".
I'm not going to look through his post history to find any exact quote, but I usually find that he has some interesting thoughts and input. What he says makes a lot of sense most of the time. While on the other hand there is a mad house of people going on and on about how mtgox is broke & other FUD. Sturle is not a shill, why is that being repeated over and over? How about some proof?
As far as losses is concerned, nobody has lost anything yet. A temporary pause in withdraw is not equal with insolvency. Let's see how this turns out before we start making assumptions. In hindsight it would have been sensible to sell BTC on gox and buy back now. But you can't put price fluctuations down as a loss, you are free to trade however you please and could have made a killing from gox being gox.
I'm not sure how you lost 150k, but surely it did not happen because mtgox stole your money but rather through you making trades that where not in your best interest.
gox ransomed my funds on jan 27 when bitcoin was trading at 850 or so now it is trading at under 600 how have people who have had their money tied up on gox not lost anything ? constant lies about being able to withdraw are a pretty goodindicators of insolvency. I am again relieved that gox has their priorities straight and is putting thier security by moving offices at the forefront of any activity.