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Topic: MTGox Is Gone Forever.... ? (Read 4075 times)

Rob768 (OP)

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MTGox Is Gone Forever.... ?

June 20, 2011, 10:56:41 PM

Just read this article/post. http://www.talkgold.com/forum/r331869-.html

MtGox may be gone for good. Does anyone know much about Japanese Money Laundering or Financial regulations that May shut down MT Gox after this Hacking?

I opened an account 3 days ago. Figures. grrrr!

TonyHoyle

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 10:59:53 PM

Even if it is... meh. Just use another exchange. MtGox != bitcoin.

I doubt it'll happen though - one unattributed post on a forum doesn't constitute evidence.

Newbie

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:03:37 PM

Quote from: Rob768 on June 20, 2011, 10:56:41 PM

Just read this article/post.

'Post'

(No need for the forward slash.)

finack

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:10:58 PM

Market manipulator checklist:

unattributed rumors
conjecture
rehashing old news
unsupported conclusion

Yup, looks like he covered all his bases.

bitrebel

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:13:46 PM

This is what I speculate. Read my post on Stockgeneration.com
http://forum.bitcoin.org/index.php?topic=20223.0

Why does Bitrebel have 65+ Ignores?
Because Bitrebel says things that some people do not want YOU to hear.

Newbie

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:16:58 PM

Quote from: Rob768 on June 20, 2011, 10:56:41 PM

Just read this article/post. http://www.masterjules.net/mutantcontrol.htm

MtGox may be gone for good. Does anyone know much about aliens controlling the world that May shut down MT Gox after this Hacking?

I opened my door days ago. Figures. grrrr!

It's hard to know how people are able to squeeze so many non-sequiturs into a single post, but I salute your efforts.

imperi

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:18:31 PM

I'll buy all your remaining Bitcoins at $5... they might only go for $1 later!!

BCEmporium

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:20:18 PM

I actually think this will lead Bitcoin to a needed bump.
Its insane deflation was ruining all btc based business, as it was more profitable to simply hold to the bitcoins and wait then to trade with them, now with the speculators scared as hell and away of it, it could be an opportunity to actually create a Bitcoin economy.

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Rob768 (OP)

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:22:13 PM

Just posted the link.. Not saying it's the case.

This whole situation though proves we need more than one major exchange though.

flug

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Re: MTGox Is Gone Forever.... ?

June 20, 2011, 11:29:31 PM

#10

Quote from: Rob768 on June 20, 2011, 11:22:13 PM

This whole situation though proves we need more than one major exchange though.

many major exchanges spread over many currencies

Rob768 (OP)

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 12:03:49 AM

#11

I guess every new things takes time to work the bugs out, however with the case of MT Gox, the law may be able to stop them while Bitcoin will live on.

Rob768 (OP)

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 12:50:55 AM

#12

Anyone know a good site for Japanese internet and finance law? What are the legalities of running an exchang in the country. Does Mt Gox have the proper licensing?

Rob768 (OP)

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 12:58:24 PM

#13

So Is Tradehill going to be the next big exchange?

hamdi

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 01:05:13 PM

#14

i´d go for http://tradehill.com seems like most professional exchange atm

Batouzo

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 01:07:25 PM

#15

Quote from: hamdi on June 21, 2011, 01:05:13 PM

i´d go for http://tradehill.com seems like most professional exchange atm

tradehill.com seems like most ~~professional~~ SPAMMING exchange atm

kokojie

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 01:09:37 PM

#16

mtgox servers are US based, that'll be pretty difficult for Japanese authorities to shut down.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6

aral

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 01:37:23 PM

#17

Quote from: BCEmporium on June 20, 2011, 11:20:18 PM

Although the recent period of deflation could be regarded as a 'growing pain', experience as a trader coping with deflation will be valuable in determining whether a deflationary currency is workable in practice, not just in theory.

Rob768 (OP)

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 03:23:38 PM

#18

Well, there are several US laws against exchanges. Check out some of the US securties laws as well as money transfer agent laws. Money Laundering is a major issue in the US, and exchangers like those who exchange Liberty reserve and other ecurrencies are not permitted to operate in many cases.

FlipPro

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 03:25:54 PM

#19

Quote from: Rob768 on June 21, 2011, 03:23:38 PM

Why are you trolling our forum?

If you don't exchange bitcoin's using LR, than there isn't any problems. Actually this whole "exchange" aspect of bitcoins sickens me. Thats not what they're meant for. Go back to "talk gold" and spread more HYIP speculation, on a currency that simply isn't going anywhere. No matter how much clowns on the Internet try to make it go away.

Rob768 (OP)

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Re: MTGox Is Gone Forever.... ?

June 21, 2011, 03:47:06 PM

#20

Geez, some of you don't read my posts. I didn't say Bitcoin was going anywhere, and didn't say anything about exchanging Bitcoin for Liberty Reserve. I was questioning if MT Gox would be gone for good, and if they were even legally operating in the US or Japan. I am a proponent of BTC, I was question if Mt Gox will ever come back, that's all.

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