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Showing 20 of 67 results by Money Raccoon
they can't even go bankrupt properly.
You said ithttp://www.humint.is/goxcoin is another way
Thank you for posting. And more information herehttp://letstalkbitcoin.com/e89-goxcoin-and-the-meta-lair/#.Ux-z0F7OVwQ
So, for less than 30 million usd technically a new owner could step in and restore all mtgox balances and continue business as normal? (i say normal, obviously would have a lot of trust to regain)
Surely in the long term some smart investors would be all over that???
Surely in the long term some smart investors would be all over that???
You're forgetting about the cost of replacing the "lost" 800btc. No one is buying MtGox unless they're recovered.
Re: Did Karpeles and his accomplices steal 850,000 coins?
If not he is not directly involved I just have to say - how can Mark Karpelles remain so calm having lost so much money. What the fuck is in that coffee?
Because he has known of the issue for a very long time now.
We will be closely monitoring the situation and will react accordingly.
Best regards,
MtGox Team
Best regards,
MtGox Team
Wtf does this even mean lol?
It means they are addressing problems in a reactive way, not proactive.
This is a BS statement.
them's the breaks..... I cannot imagine that he purposely went out to destroy a multi-million $$ business..... it happens to the best of them.
It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!
It just goes to show, no matter which business, when it outgrows you then you need to be mature enough to hire professional help!
And that's why he should suffer the consequences.
Confirmed News is confirmed. Source from source code:
On mtgox.com source code:
MtGox.com
MtGox Acquisition by Gox.com , by new owner: Mark Karpeles Junior ( not so sure about name though
)
Bullish or Bearish?
On mtgox.com source code:
Code:
MtGox Acquisition by Gox.com , by new owner: Mark Karpeles Junior ( not so sure about name though
)Bullish or Bearish?
Sorry, but how can this be bullish?
Re: If You Have Bitcoin in Mt.Gox, You Are Probably Fucked
Someone sent me this
Lets take an impartial look at this for a second.
http://www.reddit.com/r/Bitcoin/comments/1yscsq/mtgox_lets_take_an_impartial_look_at_this_for_a/
Not sure if it's been posted on here somewhere else (sorry, I wasn't bothered looking).
Lets take an impartial look at this for a second.
http://www.reddit.com/r/Bitcoin/comments/1yscsq/mtgox_lets_take_an_impartial_look_at_this_for_a/
Not sure if it's been posted on here somewhere else (sorry, I wasn't bothered looking).
Why do you think, that they can not replace frozen and lost coins ?
As I said, If they sold the frozen BTC on another exchange they wouldn't have any left on Gox to replace the frozen and lost BTC.
The only other option I see is they buy BTC on Gox at a discount, sell them on another exchange, use the profit to buy more again on Gox and repeat until they have enough capital and BTC to reopen withdraws.
I don't think they can buy their way out of this.
There has been so many negative PR for them the last weeks that I believe nobody is going to trust them anymore.
Using funds they have they could buy cheap coin and sell on other exchanges thus creating enough capital to replace lost coins.There has been so many negative PR for them the last weeks that I believe nobody is going to trust them anymore.
Once Gox was back up an running a savy investor could come in and turn Gox around.
they could use those frozen BTC in the gox from the moment they were frozen.
If they sold the frozen BTC on another exchange they wouldn't have any left on Gox to replace the frozen and lost BTC. This is not an option
The best thing that could happen would be for MtGox to be sold to a team with good technical and financial backing who will be able to salvage what is left, otherwise it will be a slow decline into obsolescence.
This would be a very interesting development and one which I hope happens. I've no interest seeing Gox crash and burn like some do. The more exchanges the better imo, so long as they're properly managed.
Now I'm not talking about peoples money, I mean profit. Money that Mark can reinvest into the company to buy coins and become solvent.
I believe the bug is long fixed but extra work is being done to improve standards. I also believe that Gox lost a lot of coins that need to be replaced in order to survive, a challenge that Gox is/should be working on. I also think this so called lawsuit will be dropped once withdraws are opened and I don't believe that Mark will disappear as that would pi$$ off a lot of ruthless individuals. So my only concern is that Gox has enough funds to buy their way out of this mess but how much funds are needed? At what price? does Gox have enough? Essentially, can they buy their way out of this?
Your thoughts.
Please no fud or trolling and no trolling or fud please.
I believe the bug is long fixed but extra work is being done to improve standards. I also believe that Gox lost a lot of coins that need to be replaced in order to survive, a challenge that Gox is/should be working on. I also think this so called lawsuit will be dropped once withdraws are opened and I don't believe that Mark will disappear as that would pi$$ off a lot of ruthless individuals. So my only concern is that Gox has enough funds to buy their way out of this mess but how much funds are needed? At what price? does Gox have enough? Essentially, can they buy their way out of this?
Your thoughts.
Please no fud or trolling and no trolling or fud please.
He is confused and naïve, and chose to evade the situation.
+1