eddiemac Posted February 25, 2014 Report Share Posted February 25, 2014 Even the founder is unaccounted for. Hmm sounds pretty bad for investors. Link to comment Share on other sites More sharing options...
Zigs Posted February 26, 2014 Report Share Posted February 26, 2014 Apparently Mt.Gox had a leakage problem so to speak....hackers who hacked in and stole bit coins. They even managed to tap in the cold wallets and pulled in the stagnant bit coins. I understand Mt.Gox has been aware of this for two years. Rumor has it the FBI are investigating Mt.Gox. http://www.businessinsider.com/fbi-probing-mtgox-2014-2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 26, 2014 Author Report Share Posted February 26, 2014 A message from Gox... "February 26th 2014 Dear MtGox Customers, As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues. Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates. Sincerely, Mark Karpeles" 1 Link to comment Share on other sites More sharing options...
Zigs Posted February 26, 2014 Report Share Posted February 26, 2014 Yeah I read about his statement over at bit coin forum. I wonder if MtGox is the only company that has a problem? OR is it just the tip of the iceberg. However, while this may be a bit of blow to bit coin, I think it will get it's feet back on the ground. Link to comment Share on other sites More sharing options...
fib1618 Posted February 26, 2014 Author Report Share Posted February 26, 2014 A buddy of mine had his bitcoins released from Mt. Gox! Just got off the phone with him. ............... Look for the release of DINAR COIN over the next couple of days at this exchange... https://www.cryptorush.in The symbol will be IQD I'm not joking. 1 Link to comment Share on other sites More sharing options...
Zigs Posted February 26, 2014 Report Share Posted February 26, 2014 I will be waiting with baited breath. 1 Link to comment Share on other sites More sharing options...
fib1618 Posted February 26, 2014 Author Report Share Posted February 26, 2014 (edited) I will be waiting with baited breath. I know one of the creators of that coin. Edited February 26, 2014 by fib1618 1 Link to comment Share on other sites More sharing options...
Darin Posted February 27, 2014 Report Share Posted February 27, 2014 Looks like my gamble on Gox isn't gonna work out. Lol I've funded BITSTAMP... Have orders lined up starting at 380... Al the way down it 250. Got orders on litecoin sub 10. Yes it was high risk. Tossed some "Vegas" money at it and it looks like it's not gonna work out. Oh well. Well, I tried to warn you.. Hopefully you didn't lose too much... If I was you, I'd throw more at it through a legitimate exchange & recoup your losses. Doesn't seem the MtGox took a big chunk into the market value as I would have predicted. It wasn't the coins fault.... It was purely the exchange... I think most people realize that. Which is why it didn't take the beating some would have expected. A buddy of mine had his bitcoins released from Mt. Gox! Just got off the phone with him. ............... Look for the release of DINAR COIN over the next couple of days at this exchange... https://www.cryptorush.in The symbol will be IQD I'm not joking. That is sad & hilarious at the same time. Link to comment Share on other sites More sharing options...
fib1618 Posted February 27, 2014 Author Report Share Posted February 27, 2014 (edited) I didn't need a warning....I knew the risk. I was playing with money I could absolutely afford to lose. ................. Darin says... "That is sad & hilarious at the same time." And very TRUE. Just watch. Edited February 27, 2014 by fib1618 1 Link to comment Share on other sites More sharing options...
fib1618 Posted February 27, 2014 Author Report Share Posted February 27, 2014 ............ Dinarbeliever(Patel) thinks lobsters are GOVERNMENT trolls. What a riot that guy is. 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 27, 2014 Author Report Share Posted February 27, 2014 .......... JCP set to gap up 1.30ish on the open. Going to be eying a good short entry. Dat thing going bk. 1 Link to comment Share on other sites More sharing options...
rulesforrebels Posted February 27, 2014 Report Share Posted February 27, 2014 (edited) ............ Someone on another thread is calling this a "COMPLETE CRASH" Not yet. Lol It's already rebounded back over 600. most people who criticize bitcoin make stupid comments comparing it to tulips and beanie babies but dont really know what they are talking about except that both are hot fads. bitcoin gets allthis bad press about mtgox and silkroad, none of this is actually issues with bitcoins its issues with trusting a third party website or illegal drug market to hold your money. bitcoin has a paper wallet you can have on your computer where you solely control your coins, why would someone let a site like mtgox control thousands or millions of dollars of theirs? its just plain stupid. if i buy bitcoins or trade bitcoins for toher coins on an exchange i send my coins to the exchange, do my trade and send it all back to a paperwallet. my coins are maybe vulnerable for 10 minutes, anyone who stores their money with someoen they dont know is asking for trouble I been getting into VOLT coin and dogecoin lately Edited February 27, 2014 by rulesforrebels 1 Link to comment Share on other sites More sharing options...
Darin Posted February 28, 2014 Report Share Posted February 28, 2014 most people who criticize bitcoin make stupid comments comparing it to tulips and beanie babies but dont really know what they are talking about except that both are hot fads. bitcoin gets allthis bad press about mtgox and silkroad, none of this is actually issues with bitcoins its issues with trusting a third party website or illegal drug market to hold your money. bitcoin has a paper wallet you can have on your computer where you solely control your coins, why would someone let a site like mtgox control thousands or millions of dollars of theirs? its just plain stupid. if i buy bitcoins or trade bitcoins for toher coins on an exchange i send my coins to the exchange, do my trade and send it all back to a paperwallet. my coins are maybe vulnerable for 10 minutes, anyone who stores their money with someoen they dont know is asking for trouble I been getting into VOLT coin and dogecoin lately I've been reading a lot of good things about dogecoin lately. They really appear to desire to get a good image associated with that community. They're known for tipping They've done a lot of donations (some big, some small) They're different in comparison to other coins as they are somewhat inflationary (although 10k block rewards for life after the 600,000th block may not seem like much) I think they're inflation % is still less than BTC They've grown rather quickly - and they're hitting media mainstream (i.e, some guy selling his house for dogecoin). Other coins don't seem to really get that much attention. Some other interesting ones are vert coin and a few others. Link to comment Share on other sites More sharing options...
fib1618 Posted February 28, 2014 Author Report Share Posted February 28, 2014 I will be waiting with baited breath. Here it is... http://www.dinarcoin.info Should be on the exchange that I posted above within 48 hours. 2 Link to comment Share on other sites More sharing options...
Erebus Posted February 28, 2014 Report Share Posted February 28, 2014 Maybe they should change the name to Tulipcoin.... 1 Link to comment Share on other sites More sharing options...
fib1618 Posted February 28, 2014 Author Report Share Posted February 28, 2014 Maybe they should change the name to Tulipcoin.... 2 Link to comment Share on other sites More sharing options...
fib1618 Posted February 28, 2014 Author Report Share Posted February 28, 2014 JCPenney shares were up about 25% yesterday cause they only lost 68 cents per share, lol... Beating the analyst forecasts of an 85cent loss. I rarely trade stocks.. but I'm gonna start targeting a short entry if it can manage to creep up and fill that chart gap at $8. 1 Link to comment Share on other sites More sharing options...
Captjohn Posted February 28, 2014 Report Share Posted February 28, 2014 Mt Gox suspends trading on Feb 25. All riders left holding lead tokens. wtf. Link to comment Share on other sites More sharing options...
Zigs Posted February 28, 2014 Report Share Posted February 28, 2014 Here it is... http://www.dinarcoin.info Should be on the exchange that I posted above within 48 hours. I don't know what to make of dinarcoin. Essentially I thought you were joking even when you said you were not. Link to comment Share on other sites More sharing options...
fib1618 Posted February 28, 2014 Author Report Share Posted February 28, 2014 (edited) I don't know what to make of dinarcoin. Essentially I thought you were joking even when you said you were not.I'm a serious guy. Edited February 28, 2014 by fib1618 1 Link to comment Share on other sites More sharing options...
Darin Posted March 1, 2014 Report Share Posted March 1, 2014 I'm a serious guy. Looks like Darin thought I was joking too. I was shocked, but with crypto's new coins come & go. (some are lucky to stay) Max coin is 20,000,000 (sha-256 based) seems that its a close copy-cat to BTC I'm a little enstranged on why the call it "IQD" when more places in the middle east use "dinar" as what they call their money. IQD is obviously related to Iraq This could be an interesting & fun coin to mine while its new & diff is low - Speculation alone may pay out... dumber things have worked out Wonder how long until the GURUs exploit this. *SMH* you know that'll come in time Link to comment Share on other sites More sharing options...
Bumper64 Posted March 2, 2014 Report Share Posted March 2, 2014 Thanks, I'm currently on my iphone and im having problems with that link. Here's one I'm looking at.. http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSza1gSMAzm1g20za2gSMAzm2g50 ............... I'm hitting the hay. I may check in tomorrow. Later. Here is another one to look at as they have LiteCoins ( LTC/USD ) and Bitcoin ( BTC/USD ) https://btc-e.com/exchange/btc_usd Link to comment Share on other sites More sharing options...
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