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MtGox.com is offline

mtgox.com

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Re: MtGox.com is offline

#51

Post by jfoster »

SomeoneWeird wrote: post #31
agorabinary wrote: post #9

So...now that mt.gox is dead, does this mean mt gox employees are free from any non-disclosure agreements and can talk freely about what the hell happened? Insider info would be greatly appreciated.

That's not how NDAs work.

Perhaps in theory the agreement is still meant to be honoured, but in practice if the agreement was with an organization that no longer exists (0 employees), who would initiate legal action to enforce the NDA? I have no experience in this area, but can't see how the NDA could be enforced by a dead organization.

Re: MtGox.com is offline

#52

Post by micahgoulart »

agorabinary wrote: post #9

So...now that mt.gox is dead, does this mean mt gox employees are free from any non-disclosure agreements and can talk freely about what the hell happened? Insider info would be greatly appreciated.

Here's someone who claims to be an employee commenting on the reddit thread for this news article: http://www.reddit.com/user/SarahCoinBit/comments/

Re: MtGox.com is offline

#53

Post by dmix »

eli wrote: post #49
dmm wrote: post #37

Earlier quoted context omitted.

Businesses fail all the time. Most startups fail. Should we have more startup regulation? Failure is a normal part of the market. What's really scary are the businesses that are never allowed to fail.

Failure is OK. Your trading platform doesn't work out and you have to return the money to customers. Failure where all your customers' money disappears (to where?) is not OK and should not be allowed.

Bankruptcy courts exist for this reason.

Re: MtGox.com is offline

#54

Post by lhnz »

dnautics wrote: post #28
RRRA wrote: post #16

So, who the other day said they would be buying if BTC felt bellow 500$? Now seems to be the time if they still believe that arbitrary value still makes sense.

that would be me, maybe? https://news.ycombinator.com/item?id=6867999 Note the date on this... 79 days ago the price of BTC was in the 1.0k range.

What's an "autodraw" by the way?

Re: MtGox.com is offline

#55

Post by ryanobjc »

jfoutz wrote: post #42
taspeotis wrote: post #15

With credit to /r/bitcoin, I got a chuckle out of this one: Sorry, due to a major bug in the WWW protocol, our website is temporarily unavailable. Thank you for your patience while we await Al Gore's instruction!

Jokes like this make me crazy. Seriously HTTP is layer 7. Why would you bother the former senator with anything above 4? tcp/ip is just fine. your buggy code is what's broken, thank you very much.

I believe the proper honorific is to reference the highest office, so it's the Vice President Al Gore.

Re: MtGox.com is offline

#56

Post by agorabinary »

camus2 wrote: post #21
agorabinary wrote: post #9

So...now that mt.gox is dead, does this mean mt gox employees are free from any non-disclosure agreements and can talk freely about what the hell happened? Insider info would be greatly appreciated.

If i was a Mt Gox employee,I would go into hiding and keep quiet instead of going public, all sort of people have invested into Gox including the kind of people you dont want to mess with.

It's probably more likely that many employees were oblivious to the insolvency. As long as everyone's accounts were "credited" as they should, regardless of the soundness of their cold storage accounts, it would appear as though everything was fine.

See: http://www.reddit.com/r/Bitcoin/comments/1ysaz2/sarahcoinbit...

Re: MtGox.com is offline

#57

Post by colinbartlett »

guelo wrote: post #36

Pretty good Ponzi. Not as impressive as Bernie Maddof's, but extra points for the tech angle.

I would say quite a bit more impressive as Madoff did the same thing that's been done hundreds of times before: take money and promise huge returns.

Here we have a company that took money and let the "investors" fight it out amongst themselves.

Re: MtGox.com is offline

#58

Post by agorabinary »

ars wrote: post #46
agorabinary wrote: post #9

So...now that mt.gox is dead, does this mean mt gox employees are free from any non-disclosure agreements and can talk freely about what the hell happened? Insider info would be greatly appreciated.

The website and the company are not the same thing.

They are both dead. See the statements.

Re: MtGox.com is offline

#59

Post by guiambros »

dnautics wrote: post #28
RRRA wrote: post #16

So, who the other day said they would be buying if BTC felt bellow 500$? Now seems to be the time if they still believe that arbitrary value still makes sense.

that would be me, maybe? https://news.ycombinator.com/item?id=6867999 Note the date on this... 79 days ago the price of BTC was in the 1.0k range.

I'm with you. In fact I've been buying some in the 500-550 range, and looking forward to the upcoming drop this week.

It wouldn't surprise me it reaches the 350-400 level, when Gox announces it is officially dead.

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