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MtGox.com is offline

mtgox.com

311–320 of 553 posts

Re: MtGox.com is offline

#314
post #68

It's really easy in all of this to pile a bunch of hatred on Mark Karpeles, but please, everybody remember that he is a human being, with real human emotions, and that those things really do hurt. -- MtGox was (past tense is probably appropriate here, but for the sake of anybody who had coins there, I hope not) a startup that failed spectacularly , and publicly, and took a TON of peoples' money with it. The transacti…

Guys, let's not be angry with the bankers, they're only human. Now, somebody give this man a presidency. That's jwst you get for fraud on this scale.

Re: MtGox.com is offline

#315
post #306

Earlier quoted context omitted.

"Transacting under the auspices of a neutral, trusted third party is what money means." Can you explain this a little more? How do I need to trust a 3rd party when I use, say, gold as money?

Gold is not money... you should say "when I use dollars as money"

Under what definition of money is that? Gold is and has always been money.

Re: MtGox.com is offline

#316
post #37
post #5

Hello, downsides of unregulated currency. Some of the rules are there for a reason.

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.

Yes, we absolutely should have regulation for startups that (claim to) replace banking infrastructure.

Re: MtGox.com is offline

#317

Hmm... It seems I was wrong. Well, damn. Oh well.

I read a few of your other posts about BTC and your investment. Kudos on the honest reporting of your motivations and hopes regarding BTC - it was interesting to read them, whatever you think of Bitcoin.

This is the best way to take this sort of loss, and hopefully when you think of it over the long-term you have not lost a significant amount of money. At this point it's better to write off the loss as a lesson learned and move on with other things.

Re: MtGox.com is offline

#318
post #275
post #253

Earlier quoted context omitted.

It's my genuine impression of the Bitcoin community, nothing more.

So "lots of people" suddenly became "My impression"

Well, yes. All I have to go on is my own observations. I have observed a large number of people in the Bitcoin community disparage MtGox for a long time. Not sure what else you want me to say.

Re: MtGox.com is offline

#319
post #275
post #253

Earlier quoted context omitted.

It's my genuine impression of the Bitcoin community, nothing more.

So "lots of people" suddenly became "My impression"

In this case, his impression of lots of people is correct. People that have been around bitcoin for long enough have seen ridiculous things happen at Mt Gox repeatedly.
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