Mt. Gox CEO resigns

Discussion in 'Digital Currencies' started by Eureka Moments, Feb 24, 2014.

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  1. trew

    trew Active Member Silver Stacker

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    Well that's pretty much what the banks and govt in Cyprus were saying to depositors before they suddenly shut the doors and took it all.
     
    trew, Feb 25, 2014
    #41
  2. DanielM

    DanielM Active Member Silver Stacker

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    But its all good because it's and unregulated non government backed currency. I do feel sorry for those burned but seriously, if anyone ploughed money into this junk after it skyrocketed then they brought it upon themselves
     
    DanielM, Feb 25, 2014
    #42
  3. DanielM

    DanielM Active Member Silver Stacker

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    Well no one will EVER turn around and say umm sorry guys, we are expecting that about two weeks from now that we are going to be completely fucked.
     
    DanielM, Feb 25, 2014
    #43
  4. dozerz

    dozerz Well-Known Member Silver Stacker

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    so none of this news is confirmed and all is total speculation. the latest rumor is they will announce they have been taken over tomorrow by the winkelvoss twins...
     
    dozerz, Feb 25, 2014
    #44
  5. tiddleyetom

    tiddleyetom Member

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    Those struggling to understand #Bitcoin are even more confused this morning. They're asking how can you steal something that doesn't exist?
     
    tiddleyetom, Feb 25, 2014
    #45
  6. grinners

    grinners Active Member Silver Stacker

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    To me, that is like saying, CommonWealth Bank got robbed, therefore I'm not using Australian Dollars anymore in case National Australia Bank gets robbed too.
     
    grinners, Feb 25, 2014
    #46
  7. Altima

    Altima Well-Known Member Silver Stacker

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    You're comparing the exchanges to established banks?
     
    Altima, Feb 25, 2014
    #47
  8. dozerz

    dozerz Well-Known Member Silver Stacker

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    dozerz, Feb 25, 2014
    #48
  9. Altima

    Altima Well-Known Member Silver Stacker

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    Altima, Feb 25, 2014
    #49
  10. dozerz

    dozerz Well-Known Member Silver Stacker

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    personally i think they are broke and this is just another way to delay. why would anyone spend money on them based on recent performance?
     
    dozerz, Feb 25, 2014
    #50
  11. grinners

    grinners Active Member Silver Stacker

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    Not at all.

    What I was saying was:

    "Surely this has killed the viability of the currency, at the very least put it back years. How can you have faith in a currency when you need to constantly look over your back wondering who is going to hack it next. "

    Is nonsensical.

    That is like saying, I don't trust gold anymore, because I had someone storing my gold, and they left it sitting in a train carriage by itself and it was taken by a thief.

    Why would that shakes anyone's belief in gold? Belief in the storage person? Fair enough. Belief in gold? Surely not.

    Understand?
     
    grinners, Feb 25, 2014
    #51
  12. danorb

    danorb New Member

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    ^ A great analogy, couldn't agree more.
     
    danorb, Feb 26, 2014
    #52
  13. libertadiac

    libertadiac Member Silver Stacker

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    libertadiac, Feb 26, 2014
    #53
  14. lurk@l0t

    lurk@l0t Active Member

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    as opposed to government stealing in a regulated system? ;)
     
    lurk@l0t, Feb 26, 2014
    #54
  15. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Difficulty now 870.

    Mine away, Shibe.
     
    RetardedMonkey, Feb 26, 2014
    #55
  16. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I am , switch all my miners to Doge :)

    need to replace what I sold on ebay.
     
    Court Jester, Feb 26, 2014
    #56
  17. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I'm getting 15,000/day with my 4 cards going at it currently.

    :cool:
     
    RetardedMonkey, Feb 26, 2014
    #57
  18. aleks

    aleks Well-Known Member Silver Stacker

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    If a company that is insolvent goes broke, and no tax payer money is used to bail it out then yes....
     
    aleks, Feb 26, 2014
    #58
  19. ego2spare

    ego2spare Well-Known Member

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    if anyone wants to trade me 1000 bitcoin for a silver eagle.... im right here.
    one day soon you will look back and really wished u took this deal. :D .......... :D
     
    ego2spare, Feb 26, 2014
    #59
  20. trew

    trew Active Member Silver Stacker

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    Buzz.

    Any particular year of silver eagle you were after ?
     
    trew, Feb 26, 2014
    #60
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