Roger Ver is Betting on MtGox's Solvency
Roger Ver speaking at LeWeb 2013. Photo via LeWeb13. Roger Ver, also known as Bitcoin Jesus, is looking to buy MtGox bitcoins from people who believe the Bitcoin exchange may be insolvent. As reported yesterday, people are already selling their MtGox bitcoins at discounted rates on a new exchange that popped up overnight. Ver made a post on the bitcointalk forum where he stated his interesting in purchasing at least 100 bitcoins from other MtGox users. It's interesting to see this bid of confidence from Ver after so many people in the Bitcoin community have been bashing MtGox for the past....
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With all the news about how people lost their money with MtGox and the ongoing madness with it I saw, a while back, a concept for the Goxxed For The Last Time a (Commiserative) Coin. Goxxed For The Last Time, A Fall of MtGox (commiserative) Coin. The coin is a commiserative coin created by Jonny (BigTimeSpaghetti) to commemorate the fall of MtGox.com and its effect on us all. MtGox, the "Bitcoin exchange" that is currently in bankruptcy caused by the loss of millions, has brought back the need to be careful of where you keep your Bitcoins. Mark Karpeles and his shady history did not make....
Bitcoins are selling for under $500 on MtGox for the first time since November. Prices on the other exchanges seem to be holding steady for now, but MtGox simply cannot catch a break. People are already selling their MtGox bitcoins for “real bitcoins” at a discount, and Roger Ver has publicly stated that he’s one of the buyers on the other end of that trade. If you discount a small blip during December, this is actually the first time MtGox has dropped below $500 since the middle of November. People have been talking about the “end of MtGox” for almost a year now, but the exchange is still....
Bitstamp has announced they have a fix for their DDoS problems. Bitstamp has just released a statement about their intentions to resume Bitcoin withdrawals later today. It seems they've been able to implement the transaction malleability fixes created by Bitcoin developers, and they are now ready to fight back against the recent DDoS attacks. As of right now, there is no official word from MtGox on when they will be able to fix their own issues. Could This Stop the Bitcoin Crash? The Bitcoin price has continued to fall over the past few days, although the damage seems to be much more sever....
Was a transaction malleability flaw the true cause of over 750,000 BTC belong to Mt. Gox customers going missing? According to a study conducted by Christian Decker and Roger Wattenhofer of ETH Zürich (Swiss Federal Institute of Technology), transaction malleability accounted for significantly less loss than Mt. Gox declared - as little as 386 bitcoins. ...while MtGox claimed to have lost 850,000 bitcoins due to malleability attacks, we merely observed a total of 302,000 bitcoins ever being involved in malleability attacks. Of these, only 1,811 bitcoins were in attacks before MtGox stopped....
This altered photo of Mark Karpeles uploaded by /u/MorXpe on /r/bitcoin shows how some MtGox customers feel right now. A large chunk of the Bitcoin community has been ready to give up on MtGox for more than a few months, but the question still remains as to whether they are insolvent, incompetent, or just bad at public relations. While there is no need for a debate over whether or not this exchange has had problems in the past, there is little proof that Mark Karpeles and the rest of the staff over at MtGox are actually fraudsters. Although MtGox bitcoins are still being sold at a....