Mt Gox gone. End of bitcoin soon?

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  • paco
    SBR Aristocracy
    • 05-07-09
    • 62873

    #1
    Mt Gox gone. End of bitcoin soon?
    Who would invest in this shit now? I was thinking about it and glad I didn't. Hope posters didn't have anything at Gox.
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    It's been crumbling way before that

    It's too uncertain right now it's the crack cocaine of gambling

    Yes you can take a shot and make a massive score but you could lose it also

    Paco stick to dealing it's guaranteed money
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    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #3
      Originally posted by jjgold

      Paco stick to dealing it's guaranteed money

      paco is straight as an arrow these days
      Comment
      • Darkside Magick
        SBR Posting Legend
        • 05-28-10
        • 12638

        #4
        Documents purportedly leaked from the company lay out the scale of the problem. An 11-page "Crisis Strategy Draft" published on the blog of entrepreneur and Bitcoin enthusiast Ryan Selkis says that 740,000 bitcoins are missing from Mt. Gox, which roughly translates to hundreds of millions of dollars' worth of losses, although figures are fuzzy given Bitcoin's extreme volatility.

        "At the risk of appearing hyperbolic, this could be the end of Bitcoin, at least for most of the public," the draft said.
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