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re: Daily Bitcoin Article
Posted on 2/24/14 at 9:50 pm to brucevilanch
Posted on 2/24/14 at 9:50 pm to brucevilanch
quote:I'd be willing to bet some of the companies headed by these noble sounding individuals would get a qualified opinion or going concern opinion from their auditors.
Acting as a custodian should require a high-bar, including appropriate security safeguards that are independently audited and tested on a regular basis, adequate balance sheets and reserves as commercial entities, transparent and accountable customer disclosures, and clear policies to not use customer assets for proprietary trading or for margin loans in leveraged trading.
1
Posted on 2/24/14 at 9:53 pm to Anfield Road
quote:
It looks like Mt. Gox's website and Twitter feed have been wiped clean.
wait, the site just went offline and everyone's bitcoins are fricked?
HOLY shite
Posted on 2/24/14 at 9:53 pm to Poodlebrain
Oh yeah, sure they do. 
Posted on 2/24/14 at 9:53 pm to brucevilanch
Posted on 2/24/14 at 9:55 pm to southernelite
quote:
wait, the site just went offline and everyone's bitcoins are fricked?
Probably getting Ddos'd to oblivion right now.
Posted on 2/24/14 at 9:55 pm to brucevilanch
One less site for Russian to look at
Posted on 2/24/14 at 9:56 pm to htownjeep
Oh wow. fricking good riddance.
This post was edited on 2/24/14 at 9:56 pm
Posted on 2/24/14 at 9:57 pm to brucevilanch
quote:
Yeah, happened yesterday.
Are there any estimates on the number of bit coins stored with mtgox?
This post was edited on 2/24/14 at 9:58 pm
Posted on 2/24/14 at 10:00 pm to C
$504 on other sites.
Wheeeeeeeeeee!
Wheeeeeeeeeee!
Posted on 2/24/14 at 10:01 pm to C
quote:
Are there any estimates on the number of bit coins stored with mtgox?
Of the ones that are active and on the market? I would say close to 60%, if not more.
There's way's to track all of that, but ain't nobody got time for that. I'm sure some basement dweller on reddit will figure it out.
Posted on 2/24/14 at 10:06 pm to brucevilanch
You weren't on Gox were you?
Posted on 2/24/14 at 10:07 pm to htownjeep
Joint statement from Coinbase, Bitstamp, Kraken, Circle, BTCChina, and Blockchain.info claims Gox is insolvent.
This post was edited on 2/24/14 at 10:07 pm
Posted on 2/24/14 at 10:07 pm to brucevilanch
quote:60% of what? The total # of mined btc to date??
I would say close to 60%, if not more.
Posted on 2/24/14 at 10:08 pm to joshnorris14
quote:
Joint statement from Coinbase, Bitstamp, Kraken, Circle, BTCChina, and Blockchain.info claims Gox is insolvent.
So wtf happened to all that cash?
Posted on 2/24/14 at 10:09 pm to brucevilanch
quote:
Of the ones that are active and on the market? I would say close to 60%, if not more.
What? Posted on 2/24/14 at 10:09 pm to LSURussian
Nah, just active BTC that's being traded.
Posted on 2/24/14 at 10:09 pm to southernelite
quote:
So wtf happened to all that cash?
Magic the Gathering cards got expensive.
Posted on 2/24/14 at 10:11 pm to joshnorris14
quote:Josh, at least read the thread since you bailed out on it. The joint statement from the future bankrupt btc companies is posted in full on the previous page of this thread.
Joint statement from Coinbase, Bitstamp, Kraken, Circle, BTCChina, and Blockchain.info claims Gox is insolvent.
And they have removed the word "insolvent" from their statement. Try to keep up....
Posted on 2/24/14 at 10:12 pm to joshnorris14
quote:
What?
Between the major exchanges, MTGox still has/had the most BTC volume of any site.
Do you just read /r/bitcoin and pretend like you know what's going on, or do you actually do any trading whatsoever?
This post was edited on 2/24/14 at 10:14 pm
Posted on 2/24/14 at 10:13 pm to brucevilanch
So how many bitcoins are we talking about which MTGox stole?
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