At the time Bitcoin was trading on
MtGox for around $ 93.39 USD.
Not exact matches
For more than two weeks, until Mt. Gox declared bankruptcy, he kept vigil outside the exchange's headquarters, holding a sign reading, «
MTGOX WHERE IS OUR MONEY?»
Currently I would strongly advise against using
MtGox as an exchange as you're unlikely to receive withdrawn funds in a timely manner and will pay a higher price
for you Bitcoin.
This is potentially huge
for MtGox users in the US and Canada.
Trace Mayer and Jesse Powell discuss Kraken's role in distributing funds to
MtGox creditors, Kraken's proof - of - reserves audit in spring 2014, advanced security features available on Kraken and the risks
for many exchanges that accept customers illegally.
MtGox is currently the largest exchange and offers several methods
for getting fiat currencies into the exchange.
Kraken CEO Jesse Powell is a featured panelist in a discussion at CoinSummit of the best way forward
for Bitcoin exchanges after the demise of
MtGox.
http://t.co/4QPPUvALYi now reads «put announce
for mtgox acq here» Zero - evidence speculation: leak was by insider wanting cheap #bitcoin
UPDATE (25th February, 09:28 GMT): The source code on Mt. Gox's website now reads «put announce
for mtgox acq here» leading some to speculate on the motives behind the document leak:
Bitcoin reached US$ 1.00 / BTC at
MtGox, bringing it on par with the US dollar
for the first time.
It took three years
for Bitcoin to recover from
MtGox.
MtGox was reportedly the largest exchange
for the digital current «bitcoin ``.
Canadian customers of
MtGox brought a class action
for the value of their bitcoins.
MtGox's bankruptcy trustee applied
for recognition of the Japanese bankruptcy proceedings in Canada as the «foreign main proceeding» under the Canada Bankruptcy and Insolvency Act.
The exchange has been around
for one and a half years, and has a trade volume of over $ 2 million USD per month — a far cry from leading exchange
MtGox's $ 30 million per month, but larger than any other of its competitors.
For now, BitStamp remains an exchange with one of the more spotless, even if not the most prominent, reputations in the Bitcoin community, with very few complaints about the sorts of deposit and withdrawal delays and anti-fraud and anti-money-laundering compliance hassles that are occasionally reported by users of
MtGox and even Coinbase.
«Support from Bitcoin big players and core community - long term, high leverage: Coins
for equity, coin donations, and cash injections to buy coins at the cheap
MtGox price are some options among many.»
In light of recent news reports and the potential repercussions on
MtGox's operations and the market, a decision was taken to close all transactions
for the time being in order to protect the site and our users.
I don't understand why it is so unfair
for depositors to
mtgox, we were scammed initially and now it seems that we are getting scammed again... possibly by the same guy Kaperles or however you spell this b $ & @ % # # $ name.
The CEO, Chris Larsen, is a new face in the cryptocurrency community, but Bitcoin users are likely to recognize two familiar names: Jed McCaleb, founder of
MtGox, by far the largest Bitcoin exchange in the Bitcoin community, and Stefan Thomas, a Bitcoin developer responsible
for BitcoinJS.
Many bitcoin users complain that the
MtGox platform
for bitcoin exchange is too knotty, hence the term «goxxed».
Seeking to make up
for their poor performance in the eyes of the Bitcoin community,
MtGox temporarily lifted all trading fees on the exchange.
At first glance, this appears to be an act of niceness, but an understanding of basic economics would have quickly revealed the folly of the scheme: once fees were taken off, trade volume spiked up massively, and trading lag once again hit over 45 minutes on April 13, requiring
MtGox to shut down once again
for five minutes.
In the event of recent news reports and the potential repercussions on
MtGox's operations and the market, a decision was taken to close all transactions
for the time being in order to protect the site and our users.
For Example,
MtGox, Bitfinex plus other recent exchange hacks and theft.
While the withdrawals are suspended
for the time being,
MtGox states that bitcoin trading should commence uninterrupted.
«
For several weeks
MtGox customers have been affected by bitcoin withdrawal issues that compounded on themselves.
This is why the civil rehabilitation procedure has been chosen, Rebuilding
MtGox Co., Ltd under the supervision of the court in a legally organized procedure while giving proper explanations will not be
for the sole benefit of the company but
for that of the whole bitcoin community.
An
MTGox trustee has opened a two - way process
for customers who lost their funds.
Most of the
MtGox creditors eligible
for compensation, what to get it in BTC or BCC, which is understandable, considering the stellar rise of both digital coins.
«Rebuilding
MtGox Co., Ltd under the supervision of the court in a legally organized procedure while giving proper explanations will not be
for the sole benefit of the company but
for that of the whole Bitcoin community,» Karpeles says.