So I have n bitcoins and $x in MtGox; will I get this back? Will there be a haircut? Is MtGox winding down? So many questions...
Right now it seems likely that the answer is "no".
Although who knows...
New message from Mt. Gox
21–30 of 181 posts
Re: New message from Mt. Gox
#22The current message means absolutely nothing: "Dear MtGox Customers, In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly. Best regards, MtGox Team"
Sounds very passive. "Closely monitoring"? "React accordingly"? As if they were not the ones running the site.
Don't forget "a decision was taken"...
Re: New message from Mt. Gox
#23Is this a joke? What's worse than a non-response? Lies. That's what.
Re: New message from Mt. Gox
#24I would not like to be in the shoes of mtgox CEO... He lost about 400M USD, some of them probably belonging to shady peoples (drug dealer, mobs, etc.)
That's the first thing I've thought. Back in the old SR days you could hire hitmen for pretty reasonable amounts, especially compared to 750kBTC.
Back in the old SR days you could hire FBI agents posing as hitmen for pretty reasonable amounts, especially compared to 750kBTC
Re: New message from Mt. Gox
#25So I have n bitcoins and $x in MtGox; will I get this back? Will there be a haircut? Is MtGox winding down? So many questions...
No
Re: New message from Mt. Gox
#26I would not like to be in the shoes of mtgox CEO... He lost about 400M USD, some of them probably belonging to shady peoples (drug dealer, mobs, etc.)
Well that's what people say, yet I haven't seen lots of executives in large companies where scandals have occurred suddenly getting randomly killed by hitmen in the streets. And Madoff's still alive, too.
But isn't that just one of the differences between a regulated business and an unregulated one?
Madoff isn't dead, but he is in prison.
Re: New message from Mt. Gox
#27I would not like to be in the shoes of mtgox CEO... He lost about 400M USD, some of them probably belonging to shady peoples (drug dealer, mobs, etc.)
Even if you were a shady drug dealer, revenge doesn't get your money back.
Re: New message from Mt. Gox
#28CONSPIRACY THEORY TIME.
What if Mt. Gox didn't really lose a post-Panamax boatload of Bitcoin (just a small amount)? They're just manufacturing a panic so they can buy Bitcoins at fire-sale prices, declare "We have all the BitCoin we need after all, we fixed our bug, everything's fiiiine" and maybe even turn a cash profit on the upside?
Re: New message from Mt. Gox
#29CONSPIRACY THEORY TIME. What if Mt. Gox didn't really lose a post-Panamax boatload of Bitcoin (just a small amount)? They're just manufacturing a panic so they can buy Bitcoins at fire-sale prices, declare "We have all the BitCoin we need after all, we fixed our bug, everything's fiiiine" and maybe even turn a cash profit on the upside?
If there was any evidence of that they'd go to jail for a long time - even if bitcoin is not directly regulated, I'm sure there are still some anti-fraud regulations that would kick in...
Re: New message from Mt. Gox
#30[deleted]