Results 1 ... 250 found in all logged channels for 'mtgox' | →
(pest) asciilifeform: how many people were needed at mtgox, while the latter was successfully running fractional reserve ?
(pest) asciilifeform: the lie never gets revealed until there's a mtgox-style 'bank run' tho
(pest) bitbot[cgra|asciilifeform]: Logged on 2024-01-09 02:58:01 cgra[jonsykkel|signpost]: http://logs.bitdash.io/pest/2024-01-04#1031734 << my personal favourite crystall ball, with the meme lines hand-adjusted every 3 years or so these days. chart has historic mtgox prices, combined with the rest ripp
(pest) cgra: http://logs.bitdash.io/pest/2024-01-04#1031734 << my personal favourite crystall ball, with the meme lines hand-adjusted every 3 years or so these days. chart has historic mtgox prices, combined with the rest ripped from coinmarketcap.com. figures in top left describe
(pest) asciilifeform: mtgox also 'verified id' lel
(pest) asciilifeform: awt: would be interesting if e.g. coinbase were pwned, and we found out how many coinz the users collectively thought they 'owned'. but afaik to date this kinda thing only took place 2-3 times (orig. mtgox being 1)
(pest) lobbes[asciilifeform]: http://logs.nosuchlabs.com/log/pest/2022-12-23#1019163 << yeah the y does seem tied to the movements of whichever mob is hitched to whichever mtgox of the month
(asciilifeform) asciilifeform: for some ( sadly unknowable ) interval -- is a mass givewaway of goxtards' coins . like at orig mtgox in 2014. however, after this interval, yer buying thin air
(asciilifeform) asciilifeform: a mtgoxcoin, fwiw, was '100% pegged' to btc reserve which also loudly declared '100%', until wasn't
(asciilifeform) mats: it should cause a nice dip when mtgox claimants get paid and they sell some percentage to exchanges for fiat and diversification into alts
(asciilifeform) mats: “The trustee also reserved a buffer of what bankruptcy creditors would have received for their crypto claims (50,058.12 JPY per BTC) by selling a portion of MtGox's remaining bitcoins in order to guard against a possible future drop in market value. The estate currently holds 141,686 BTC and 142,846 BCH, plus about 68 billion JPY worth of fiat.”
(asciilifeform) mats: some percentage of those coins will definitely flow into exchanges as people get their coins back and go into fiat or diversify into alts https://blog.wizsec.jp/2021/02/mtgox-claim-calculator.html
(asciilifeform) mats: iirc the mtgox claims are denominated in btc and have been on the verge of resolution for months
(asciilifeform) whaack: asciilifeform: i thought the mtgox people got a flat 0
(asciilifeform) asciilifeform: mats: could equally say 'mtgox could've been this'
(asciilifeform) asciilifeform: indeed , if one uses goxes the way asciilifeform used on 1 occasion mtgox, unlikely to lose yer coin
(asciilifeform) asciilifeform: ( which supposedly can bypass by uploading passport mtgox-style, but even the button for it goes straight to eggog )
(asciilifeform) asciilifeform wouldn't be esp. astonished if there are still, maybe even here, folx with 'nothing bad to say' re karpeles or who still think they will get 'their' coin outta mtgox.
(asciilifeform) asciilifeform: the publication he seems to represent is a rather tedious and historically unsavoury (shilled for mtgox, for instance, iirc) item, but i don't begrudge him log search pointers or whatever small thing he likely wanted.
(asciilifeform) whaack: I've spoken to some segwit people on this and they seem to think that this cataclysmic event is the end of bitcoin since a majority of exchanges are using segwit and bech32 etc. But I don't think that's the case anymore than Mtgox was the end of bitcoin.
(asciilifeform) asciilifeform: like mtgox 'will give'
(asciilifeform) mats: we all have familiarity with tethers and tetherlikes as a kind of future mtgox, but the story is a lot more complex than that, offshore stablecoins overwhelmingly facilitate dollarisation and there's probably still room left to run
(asciilifeform) asciilifeform: thestringpuller: approx as interesting, imho, today, as a mtgox exploit
(alethepedia) thestringpuller: asciilifeform: In The Wire you start with an exploration of the drug war and its obvious consequences. But then each season you climb the ladder to see the same pattern. I think the key takeaway then in 2008 was the same in 2014 with MtGox "was it merely one component of a larger chumpatron?"
(asciilifeform) asciilifeform: verisimilitude: read some time about e.g. the mtgox debacle.
(alethepedia) lekythion: ...lost time, *Kraken* believes assets left behind by the MtGox legacy, such as its list of customers, could be useful enough to *Kraken*...
(alethepedia) lekythion: Kraken Considers Purchasing MtGox Assets As It Pushes Into Japan | Qntra
(asciilifeform) adlai: however, it is simply incorrect to call mtgox a bucket shop, the same way it'd be incorrect to ... e.g. call me a gook. you can call me a kike, or a scammer, or a neckbeard, or all kinds of things, but calling me a gook is just... factually incorrect.
(asciilifeform) adlai: however, it could become easier to "bank run" on bad actors, provided that good actors exist, and traders are slightly more intelligent than the average "MtGox WHERE'S MY MONEY" protestor
(asciilifeform) asciilifeform: jurov: imho at this point mpex is not meaningfully distinguishable from, e.g., mtgox. (whether or not factually has the coin, is immaterial if operator walks with it, for whatever reason, even if 'to make point' rather than 'because hungry' )
(asciilifeform) asciilifeform: shrysr: ftr that piece was 100% correct when was written ( i.e. immediately prior to mtgox bubble popping )
(asciilifeform) asciilifeform: 'small' can do things that 'large' cannot do. rather how trinque can do manual deposits/withdrawals for coupla dozen accts, but if he had 9000 , could not. and the wallet would inevitably resemble mtgox.
(asciilifeform) asciilifeform: mats: next thing we know, mtgox also returns . imho not very interesting.
(trilema) BingoBoingo: And I'm not seeing any motive to revive the toxic MtGox brand other than psyop value "Look at those Buttcoiners forgiving the scamzor"
(trilema) BingoBoingo: Well, he's also locked into it with some other derps, both groups wanting to resurrect a MtGox
(trilema) a111: Logged on 2012-08-13 03:08 mircea_popescu: mtgox from what i understand is losing money, but even so they prolly have more in cash.
(trilema) asciilifeform: seems to imply that it won't go into his postbox unless asciilifeform mtgoxes scan of whatevers
(trilema) asciilifeform: mircea_popescu: i ain't sending cc pics or mtgox passport shots
(trilema) lobbes: technical design aside though, there's still that obvious fact that we have to rely on various $mtgoxes for market price :/ Though I'm not sure what be a better source for a fiat-btc exchange rate (iirc this was a mini-thread somewhere in logs)
(trilema) asciilifeform: wasn't gigavps, on top of this, a tentacle of mtgox ? ( or was that another pseudo-isp derp )
(trilema) asciilifeform: iirc there was ~same article in the time of mtgox
(trilema) asciilifeform: fwiw i bought a coin there once to see what would happen. ( but earlier i also did this at... mtgox . worked there also! )
(trilema) ag3nt_zer0: re: bitfinex tether usdt - mtgox 2.0? https://medium.com/@bitfinexed
(trilema) asciilifeform: why not 'on mtgox' ?
(trilema) asciilifeform: but is also used, incl. in konsoomer mtgox keyz etc
(trilema) cashmoney: whatever happened to the MtGox guy
(trilema) mircea_popescu: asciilifeform aha. maybe they merge with mtgox.
(trilema) mircea_popescu: "While presented under the umbrella name of WizSec, this unofficial independent investigation into MtGox is a voluntary effort of individuals." ehehehehe
(trilema) asciilifeform: meanwhile, usg pins 'mtgox affair' on btce d00d, http://archive.is/tUJgd
(trilema) shinohai: I always though https://bounty.bitcoin.com/mtgox.html was one of the lulziest things he ever did
(trilema) BingoBoingo: <mircea_popescu> there have been a lot of "tape painting by fake news" events like that. mtgox printing 0's, pirate going on about how "he's going to crash btc", etc. << AHA, environment easier to evaluate back then. Time from "herd u leik BTC" to MP IS RIGHT took little time to discover. Now with all the noise discovery could probably not be made blackout drunk anymore.
(trilema) mircea_popescu: there have been a lot of "tape painting by fake news" events like that. mtgox printing 0's, pirate going on about how "he's going to crash btc", etc.
(trilema) asciilifeform: the mtgox penny thing ?
(trilema) a111: Logged on 2017-06-22 22:35 Framedragger unrelatedly recalls placing orders on mtgox and getting multi-minute+ lags
(trilema) Framedragger unrelatedly recalls placing orders on mtgox and getting multi-minute+ lags
(trilema) BingoBoingo: <mircea_popescu> i've been sitting here trying to recall which irrelevant scam "exchange" kraken is, can't really come up with much. was in the one the tradehills scammers made in their doomed but cheeky attempt to "come back" the usual coupla years later ? or was the one named after a pirate-era mpoe-pr post ? << The USG created "Goxcatcher" created mostly to have a place to receive the legal effigy of MtGox
(trilema) mircea_popescu: the mtgox idiots frankly don't see why their situation should be any different from the situation of those fyre festival idiots. why are THOSE getting refunds and free tickets "next time" ?
(trilema) asciilifeform: i still dun get why the usd exchange rate of btc would matter to the mtgox proceedings
(trilema) mircea_popescu: what fucking part of "usg stole all bitcoin you gave to mtgox long ago" isn't quite plain.
(trilema) Framedragger: /r/mtgoxinsolvency is full of "this is sufficient for end of insolvency" and (quoting) "Karpeles is working on a solution!"
(trilema) asciilifeform: this year's mtgox ?
(trilema) Framedragger: heh i recall buying some electronics at ccc in hamburg by doing a live transfer from mtgox. those were the funny days
(trilema) mircea_popescu: people did a lot of "i'll send you mtgoxdollars"
(trilema) mircea_popescu: trinque no, early on you could buy mtgox-issued dollar certs, they'd honor them.
(trilema) mircea_popescu: trinque you old enough to recall mtgox dollars ?
(trilema) mircea_popescu: turns out "the biftinex hack" was ~= same as "the mtgox blabla", ie usg ran off with the coins ?
(trilema) mircea_popescu: asciilifeform mtgox went to 1 cent, not high.
(trilema) asciilifeform: or what, we aren't counting mtgox ? then why count the other leveraged and otherwise paper-addled exchanges.
(trilema) a111: Logged on 2013-12-04 18:23 gribble: MtGox BTCUSD last: 1210.0, vol: 15442.99754919 | Bitstamp BTCUSD last: 1150.01, vol: 12582.57372365 | BTC-E BTCUSD last: 1059.9, vol: 11463.51851 | Bitfinex BTCUSD last: 1150.01, vol: 2621.40917063 | CampBX BTCUSD last: 975.55, vol: 94.01568371 | BTCChina BTCUSD last: 1126.0836, vol: 49103.04600000 | Volume-weighted last average: 1135.7963542
(trilema) asciilifeform: with mtgox, he will, if he has half a brain, understand that he has 0 btc, but buncha promises. but with prb, might have delusion of control
(trilema) asciilifeform: why not subscribe him to mtgox then.
(trilema) asciilifeform: why was davout using a mtgox again
(trilema) asciilifeform: or how about the folx who bought into btc just in time to get nailed by mtgox
(trilema) asciilifeform: danielpbarron: guess what, if you had flown to alpha centauri before mtgox died... etc
(trilema) asciilifeform: i did not think that the down-side of using a mtgox still needed explanation
(trilema) asciilifeform: and what's exactly the diff between 'bitcoin via external heathentronic mtgox' and paypal?
(trilema) thestringpuller: MtGox is totes okay guise. I saw bank statements and letters from lawyers. It's the traditional banking systems fault!!!111
(trilema) asciilifeform: mtgox, evidently, was not a sufficient stalingrad.
(trilema) mircea_popescu: lulzy as fuck ; both vorhees and casares were there with me when i told them i'm taking mtgox down. in spite of everything teh usg could come up with, i took it down. yet they STILL believe the entity to suck the dick of is the usg.
(trilema) mircea_popescu: (incidentally, the source on "andrew lee" being the ceo of privateinternetaccess.com is... an ancient ars technica article... about... oh you've guessed it; mtgox. http://archive.is/5OSIG
(trilema) asciilifeform: http://btcbase.org/log/2016-09-03#1534046 << sooo as i understand, euro depositors are in full mtgox mode?? ('we'd love to withdraw everything, but then the mousetrap will shut')
(trilema) asciilifeform: (of later mtgox fame)
(trilema) mircea_popescu: anyone was around / recalls the discussions with the naive "mtgox debt" buyers ? back in the day ? pirate debt buyers ? back in THAT day ?
(trilema) mircea_popescu: http://qntra.net/2016/08/bitfinex-freezes-us-accounts-following-another-loss/ << this being exactly the mtgox playbook, "oh, it's not us, it's the processor"
(trilema) asciilifeform: moar lulz, https://www.yubico.com/2016/05/secure-hardware-vs-open-source << who recall this turd? from the age of mtgox? it is now IMPROVED!1111 with moar closedsoresness!111 and has lengthy and hilarious justification thereof.
(trilema) thestringpuller: mtgox halted withdrawals until core implemented the high-S thing in PRB.
(trilema) asciilifeform: thestringpuller: i have nfi how mtgox could have 'forced miners' to anything whatsoever.
(trilema) thestringpuller: the high-s thing was cause mtgox had terrible accountants and forced miners to do the high-s thing
(trilema) asciilifeform: pioneered by mtgox.
(trilema) thestringpuller: so isn't it a bit odd that Slock.It is refusing to release the security audit of The DAO? It really looks as if this is straight up MtGox 2.0. Pretty sure someone inside slock.it hacked the DAO and got a huge payoff.
(trilema) mircea_popescu: the sheer amount of idiots pouring into trilema since the etherape is unmatched historically. not when the doge, not when the ripple, not when the mtgox, not when the any other thing. where the everloving fuck do they keep spawning from and when is their mother getting her god damned tubes tied already!
(trilema) thestringpuller: http://btcbase.org/log/2016-06-22#1487034 << both options will result in heavy casualties. i think this is what the attacker wants. Everytime he makes a move on the chess board the price hits massive volatility. Now the bulls are emotional and pumping the price like back in early 2013 when MtGox became a victim of its own success and you warned everyone to stop buying.
(trilema) thestringpuller: "I think we're soon going to see discussions of liability consume this community in a way that makes the MtGox fiasco look simple by comparison -- because it was, in terms of liability."
(trilema) mircea_popescu: hey, they wouldn't let go of mtgox until a year+ later and millions more were lost.
(trilema) asciilifeform: mircea_popescu: lulzy re 'quantum computer miner drained mtgox'
(trilema) asciilifeform: '... bitcoin is for suckers ... mtgox'
(trilema) mircea_popescu: the finances of mtgox are unclear.
(trilema) asciilifeform: wasn't he the fella who robbed mtgox ?
(trilema) mircea_popescu: punkman odds are you'll end up with the various mtgoxen wallet list
(trilema) mircea_popescu: anyway, for the noobs : mpex 1st conference was principally this thing where voorhees and casares tried to convince me usg is the only game in town, with me laughing, and me stating mtgox isn't going to be around for long, with them laughing.
(trilema) asciilifeform: nubbins`: and who then was 'actual business' ? mtgox ?
(trilema) asciilifeform: or how mtgox was sold.
(trilema) ben_vulpes: > 24,733 people around the world have filed bankruptcy claims related to the MtGox exchange
(trilema) assbot: Kraken Bitcoin Exchange — Kraken Announces Significant Progress In MtGox... ... ( http://bit.ly/1Rph9x2 )
(trilema) mircea_popescu: anyway, situation reminds me of the time some derpy vc schmucks flew over to asia to "save mtgox consensus".
(trilema) mircea_popescu: it's not any sort of gallery. organised disinfo effort trying to take "mp said mtgox must die, bitcoin communitwerps opposed it, got beaten to shit over it" into its reverse.
(trilema) assbot: MTGOX 破産債権届出システム／MTGOX bankruptcy claims filing system ... ( http://bit.ly/1onXZ0Q )
(trilema) assbot: I wish I had read this when it was originally published! : mtgoxinsolvency ... ( http://bit.ly/1owfa0s )
(trilema) gribble: (sell <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a sell order for <amount> units of <thing, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, high, low, (1 more message)
(trilema) mircea_popescu: depending on who you asked, it was "not clear" that mpex will bury mtgox, let alone bitcoinica.
(trilema) assbot: Logged on 05-01-2016 15:19:23; kakobrekla: nah, mtgox was automated.
(trilema) kakobrekla: nah, mtgox was automated.
(trilema) mircea_popescu: there's nothing remarkable about mtgox other than the facrt that merck, and vessenes, and gavin and theymos and ver and who have you kept pushing it.
(trilema) mircea_popescu: lmao. mtgox didn't die because mp leaned on it ; vesseness didn't hightail it because mp leaned on him. his scam foundation isn't sinking because mp leaned on it. welcome to the wonderful world of usg.coincidental.narratives.
(trilema) mircea_popescu: just pointing out that you know, "here's prb showing 35% (of 40% of the actual network)". which happens to be exactly the mtgox approach to lyf.
(trilema) mircea_popescu: probably for mtgox interoperation ?
(trilema) thestringpuller: http://imgur.com/G7mNXUI << coinbase's exchange built from MTGox code.
(trilema) jurov: so? people would have used mtgox if it still existed, too, despite it would have not paid anything for 2 years :)
(trilema) mircea_popescu: kakobrekla on mtgox ?
(trilema) jurov: at least that blacksmith does not go mtgox
(trilema) assbot: Why S.MPOE is worth more than MtGox on Trilema - A blog by Mircea Popescu. ... ( http://bit.ly/1MMSgXx )
(trilema) mircea_popescu: well... looking for where i said teh poor usg is between rock and hard place, if it misses but once it's fucked, i instead found http://trilema.com/2012/why-smpoe-is-worth-more-than-mtgox/
(trilema) asciilifeform: iirc ss handled the known/public aspects of the mtgox dekulakization ?
(trilema) mircea_popescu: and the "MtGox-failure, a failure that itself resulted in the loss of 6% of the circulating Bitcoin money supply." verbiage is particularly ill advised. the bitcoin mtgox lost never circulated for the most part, in that they were imaginary.
(trilema) mircea_popescu: anyway : consider that when mp said mtgox goes away, mtgox actually went away.
(trilema) mircea_popescu: moreover, mtgox mostly "lost" money it never had.
(trilema) mircea_popescu: the proposition that mtgox was a bitcoin business is tenuous.
(trilema) psztorc: How do you square your 90% figure against MtGox's loss of 850,000 Bitcoins.
(trilema) btcdrak: ver is sitting on enough bitcoins to make mtgox customers whole... which he should do given his video supporting them in summer of 2014...
(trilema) BingoBoingo: anton_osika: And further to the point, I don't think Kraken is in any position to attest to anything seeing how it is the USG appointed tool for distributing MtGox's carcass
(trilema) deedbot-: [Qntra] Mark Karpelès Charged With Embezzelment in Latest MtGox Criminal Charge - http://qntra.net/2015/09/mark-karpeles-charged-with-embezzelment-in-latest-mtgox-criminal-charge/
(trilema) assbot: Logged on 09-09-2015 14:21:26; asciilifeform: the conflation of 'owning gold' and 'using xyz vault' is also reminiscent of the mtgox mediatronic idiocies
(trilema) asciilifeform: the conflation of 'owning gold' and 'using xyz vault' is also reminiscent of the mtgox mediatronic idiocies
(trilema) mircea_popescu: the bitcoin foundation has no fucking future. i say this from the same fucking throne i said mtgox has no fucking future ; and bfl has no fucking future ; and so on and so forth. it does not.
(trilema) assbot: iq 190 versus japanese police - mtgox update (in japanese) : Bitcoin ... ( http://bit.ly/1NB5Ylk )
(trilema) Adlai: mtgox were semifake, you could trade them about
(trilema) mircea_popescu: Adlai like mtgox btc./
(trilema) assbot: Why S.MPOE is worth more than MtGox on Trilema - A blog by Mircea Popescu. ... ( http://bit.ly/1Sn3Zix )
(trilema) ascii_field: like the 'yubikey' turd mtgox shipped ?
(trilema) mircea_popescu: yes yes. in any case, mtgox ended exactly the way faux gpg, or system d, or gavincoin, or the sec or the fbi are gonna end
(trilema) mircea_popescu: mtgox's fall took specific, directed pushing
(trilema) williamdunne: TBH every time more details come out about the whole MtGox shit-heap, it sounds more and more like there was a significant USG element to the almighty fuck up
(trilema) mircea_popescu: got slightly better once mtgox got finished, but not by much. that year's lolcow promotion was delulded fatso, the pageantry genius with her "chamber of commerce", that schmuck in ny that meanwhile got sent to "privately practice" with his privates...
(trilema) Hasimir: I'd found some site that let me turn the lrusd into mtgox coupon code things, so I just churned through it
(trilema) mircea_popescu: afaik they only got out of the mtgox business ("collectibles") cca 2005 or someshit.
(trilema) mircea_popescu: really, the impact of mtgox on anything to do with bitcoin, its "price" y compris, is broadly overstated.
(trilema) scoopbot_revived: News! MtGox Trustee has 200k Bitcoins, Creditors to Line Up as Bankruptcy Progresses URL: http://qntra.net/2015/04/mtgox-trustee-has-200k-bitcoins-creditors-to-line-up-as-bankruptcy-progresses/
(trilema) assbot: Kraken Bitcoin Exchange — File your MtGox Creditor Claim with Kraken and... ... ( http://bit.ly/1GjGRAo )
(trilema) funkenstein_: http://blog.kraken.com/post/116672768472/file-your-mtgox-creditor-claim-with-kraken-and
(trilema) mircea_popescu: (i dun imagine anyone seriously deluded themselves into the belief that mit's involvement is going to disuade anyone one ; i do imagine mit thought itself large enough to absorb the shock and not end up like mtgox as a result - which is just as silly, but not necessarily visible from boston)
(trilema) assbot: WizSec: The missing MtGox bitcoins ... ( http://bit.ly/1yH2KqK )
(trilema) asciilifeform: felipelalli, williamdunne: fella who stole, e.g., 'mtgox' db can do anything the 'legit' passport owners could do.
(trilema) felipelalli: and then "follow the WoT". If MtGox for example rates my "mirror user" br-8d255152 or "U.S. gov" rates that, no one trust them anyway.
(trilema) asciilifeform: felipelalli: say i'm a scammer. i buy your passport scan from whoever owned 'mtgox' and use your code.
(trilema) mircea_popescu: http://log1.bitcoin-assets.com/?date=02-04-2015#1084204 << if you recall, that was taken off because that's how sa owned the forum back during mtgox 1 cent days
(trilema) []bot: Bet placed: 3.84713728 BTC for No on "Bitcoin above MtGox $266 high 2 years on" http://bitbet.us/bet/1126/ Odds: 26(Y):74(N) by coin, 56(Y):44(N) by weight. Total bet: 13.22859233 BTC. Current weight: 16,339.
(trilema) []bot: Bet placed: 1 BTC for No on "Bitcoin above MtGox $266 high 2 years on" http://bitbet.us/bet/1126/ Odds: 36(Y):64(N) by coin, 63(Y):37(N) by weight. Total bet: 9.38145505 BTC. Current weight: 16,797.
(trilema) assbot: Logged on 01-04-2015 12:16:22; assbot: In a plea bargain, former DEA agent agrees to return 665,950 BTC stolen from MtGOX in 2013 : Bitcoin ... ( http://bit.ly/1DtcXr1 )
(trilema) assbot: In a plea bargain, former DEA agent agrees to return 665,950 BTC stolen from MtGOX in 2013 : Bitcoin ... ( http://bit.ly/1DtcXr1 )
(trilema) []bot: Bet placed: 2 BTC for No on "Bitcoin above MtGox $266 high 2 years on" http://bitbet.us/bet/1126/ Odds: 40(Y):60(N) by coin, 65(Y):35(N) by weight. Total bet: 8.38145505 BTC. Current weight: 19,685.
(trilema) []bot: Bet placed: 1 BTC for No on "Bitcoin above MtGox $266 high 2 years on" http://bitbet.us/bet/1126/ Odds: 61(Y):39(N) by coin, 74(Y):26(N) by weight. Total bet: 5.44595505 BTC. Current weight: 42,774.
(trilema) []bot: Bet placed: 3.08750005 BTC for Yes on "Bitcoin above MtGox $266 high 2 years on" http://bitbet.us/bet/1126/ Odds: 99(Y):1(N) by coin, 99(Y):1(N) by weight. Total bet: 3.23750005 BTC. Current weight: 99,991.
(trilema) []bot: Bet created: "Bitcoin above MtGox $266 high 2 years on" http://bitbet.us/bet/1126/
(trilema) asciilifeform: is that a mtgox otp generator ?
(trilema) thestringpuller: if company is run into ruins (i.e. MtGox)...it is moot issue
(trilema) mircea_popescu: "WizSec has been investigating the MtGox crash since soon after it occurred, making us probably the longest running non-official investigation."
(trilema) assbot: WizSec: MtGox investigation update and preliminary release ... ( http://bit.ly/1AbOlB3 )
(trilema) mircea_popescu: bitcoinquestinos mno. i mean, when it's decided that mtgox dies, it;s decided here.
(trilema) thestringpuller: how come btcjam hasn't gotten shut down MTGox style?
(trilema) mircea_popescu: BingoBoingo: Wait so Mark did the Gox, Silk Road, GLBSE, and Bitcointalk scams? <<< the explanation is quite pedestrian. there's a bunch of fuctards who imagine they're "the coimmunity" notwithstanding they have no money and no political importance. because hey, they FEEL like they should matter. these derps ineffectually tried to prop up mtgox. they failed, but they don't wish to confront the why there, so instead the
(trilema) Apocalyptic: "<mtgox555> [03:19:56] Ashley Barr is a guy who worked at MtGox who lived in (White Rock) Vancouver. DPR is quoted to wanting a guy in White Rock murdered"
(trilema) mircea_popescu: https://bitcointalk.org/index.php?topic=919629.msg10118626#msg10118626 << fwiw, cooler heads seem to have caught on and are in danger of prevaling. which'll make this play out exactly as a mtgox 2.0 (i asked for tux' head on a platter in april, "community" protected him for a few months, i got head delivered february next. wonder if gavin makes it that long)_
(trilema) mircea_popescu: just, it will work out my way. not mtgox's way, not pirate's way, not reddit's way or the forum's way or vessenes' way
(trilema) mircea_popescu: and for that matter, i marked mtgox for death in april, they struggled to prop it for six months before abandoning it ignominously, i do not believe they do not know they can not stand.
(trilema) TomServo: I have said publicly that no, this wasn't @MtGox 2.0 and you aren't @MagicalTux 2.0
(trilema) davout: the most interesting part is basically that only the losses seem to be lodged under the mtgox corporate entity
(trilema) assbot: MtGox Bankruptcy Trustee Answers Some Questions | Qntra.net ... ( http://bit.ly/1J7KKHO )
(trilema) assbot: MtGox Bankruptcy Trustee Answers Some Questions | Qntra.net ... ( http://bit.ly/1yZfzX1 )
(trilema) cazalla: so basically, his wife fucked him, mtgox fucked him and then big daddy USG came and fucked him one last time for good measure
(trilema) zaht: mtgox succeeded on many fronts
(trilema) thestringpuller: MTGox would be the historical textbook example of the characteristics of DERP.
(trilema) mircea_popescu: mats_cd03: mp noted once that share price correlates with fiat price of btc << actually the private joke at the time was that it doesn't seem to correlate at all (it didn't move during the early mtgox induced runup to 1.2k). so i was kinda tongue-in-cheek referencing that "public knowledge" as it became apparently contradicted by the otherwise who the fuck knows what it's doing s.mpoe
(trilema) assbot: MtGox Trustee Moves to Repay Creditors, Work With Kraken | Qntra.net ... ( http://bit.ly/1y1PF9x )
(trilema) mircea_popescu: i suppose someone who knows about trading cards could re-make mtgox.
(trilema) kakobrekla: better than mtgox, they say.
(trilema) asciilifeform: glbse, mtgox - folks who are doing 'god's work' from usg point of view will not be molested by usg.
(trilema) mircea_popescu: asciilifeform believe it or not... mtgox!
(trilema) mircea_popescu: assbot: Kraken Considers Purchasing MtGox Assets As It Pushes Into Japan | Qntra.net << ok, this i don't get.
(trilema) assbot: Kraken Considers Purchasing MtGox Assets As It Pushes Into Japan | Qntra.net
(trilema) mircea_popescu: BingoBoingo: And unlike MtGox I hack on live php withou knowing php or crashing the thing. <<< this is pretty much why people like php
(trilema) BingoBoingo: And unlike MtGox I hack on live php withou knowing php or crashing the thing. All of those ======== make php friendly like that.
(trilema) xanthyos: much of the btc criticism i read online hearkens back to mtgox, like mtgox is this powerful buzzword that trumps all arguments, like rudy giuliani did with "9/11"
(trilema) assbot: Mtgox freeze money, Absurd answers of support, student desperate and out option | Bitcointa.lk
(trilema) mircea_popescu: anyway, not that anything karpeles [ever] said can be taken at face value, but admire the difference between mtgox and bitbet when it comes to the position of the usg. perfectly symmetrical, karpeles is "up to the usg" ; usg is up to bitbet.
(trilema) gribble: WARNING: Currently not authenticated. Trust relationship from user nanotube to user mtgox: Level 1: 6, Level 2: 38 via 9 connections. Graph: http://b-otc.com/stg?source=nanotube&dest=mtgox | WoT data: http://b-otc.com/vrd?nick=mtgox | Rated since: Mon Nov 8 13:35:39 2010
(trilema) thestringpuller: ;;gettrust nanotube mtgox
(trilema) gribble: 0.337 USD/mBTC - Bitcoinity.org: <http://bitcoinity.org/markets>; Bitcoinity.org: <https://bitcoinity.org/>; Bitcoin prices - Bitcoinity.org: <http://bitcoinity.org/markets/mtgox/USD>
(trilema) mircea_popescu: recall, most of the scams unwinding in the scamspace, bfl, mtgox, etc all tried to use the otc and got rejected.
(trilema) Luke-Jr: ben_vulpes: you know, the people investigating the MtGox incident
(trilema) gribble: (sell <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a sell order for <amount> units of <thing, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, high, low, (1 more message)
(trilema) mircea_popescu: to imagine the entire set of noob exchanges today have 50% of the volume of mtgox in 2012 is to overstate things.
(trilema) mircea_popescu: and that was before mtgox collapsed.
(trilema) ThickAsThieves: i just checked my mtgox account balance, 0.12504189! Score!
(trilema) asciilifeform: frozen in time, links to 'mtgox'
(trilema) thestringpuller: theu are talking aboit the collapse of mtgox
(trilema) midnightmagic: Yeah that was b-s. He was a menace. Nobody who relies on me lost any money at MtGox.
(trilema) mircea_popescu: BlueMeanie4 you know, three years ago half of all btc trade happened on otc. 90% ish of the rest was on mtgox.
(trilema) assbot: trixisowned comments on With the mtgox fiasco being long forgotten, Mark Karpeles launches a new business, "forever.net" selling VPS, VoIP & dedicated servers: bitcoin is NOT accepted.
(trilema) mircea_popescu: everything else went to shit, satoshi, mtgox, all the previous things that "were" bitcoin. we're still here.
(trilema) usagi: Its the one thing I never really understood about mtgox.. they were making hundreds of million a year
(trilema) gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, high, (1 more message)
(trilema) mircea_popescu: fluffypony: he literally spoke about the thing that mtgox did that made them vulnerable to malleability attacks << this is a major part of why mtgox debacle was so funny to the old timers.
(trilema) mircea_popescu: then do ;;calc 235.16906445 * mtgoxlast
(trilema) fluffypony: of course, mtgox got hit the other way round, but it's still pretty funny
(trilema) fluffypony: he literally spoke about the thing that mtgox did that made them vulnerable to malleability attacks
(trilema) mircea_popescu: moreover, you gotta read the article in question, i'm not going to do random interpretations off the cuff at any random point it may happen to be discussed. at no point in there is it said "closing options because of mtgox's poor repute".
(trilema) mircea_popescu: TomServo well it's a complex matter, like all history. for one thing, mtgox was a (diminishing, constantly diminishing) part of the total pool. it looked for a while like the problem may solve itself.
(trilema) mircea_popescu: i guess the old format went the way of mtgox huh ?
(trilema) gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, (1 more message)
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