Sentences with phrase «at mtgox»

Bitcoin reached US$ 1.00 / BTC at MtGox, bringing it on par with the US dollar for the first time.

Bitstamp managed to deal with the problem relatively quickly and is now back up and running; a sure sign of improvement following the drama that unfolded at MtGox.

Not exact matches

At the time of purchase the value of Bitcoin on the BitcoinStore site was roughly $ 117, more or less inline with the price on MtGox.

At the time Bitcoin was trading on MtGox for around $ 93.39 USD.

In 2014, the Bitcoin exchange MtGox lost 850,000 bitcoins to hackers — at the time valued at nearly $ 620 million — and just last August, nearly 120,000 units — at the time valued at about $ 72 million — were stolen from another exchange, Bitfinex.

Though some media outlets have reported the theft as the greatest in the history of cryptocurrency, the value at press time of the 650,000 bitcoin (a conservative estimate) that were stolen from the MtGox exchange, which was headquartered in the same Tokyo neighborhood as Coincheck, totaled over $ 7 billion.

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.

While the MtGox closure is unfortunate, we at Flexcoin have not lost anything.

In addition, past experiences have shown that your funds are not always safe at an exchange (MtGox, Bitcoin24, Cryptsy, etc.).

Decentralized exchanges have been a holy grail in the cryptocurrency space, since at least the MtGox hack.

«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.»

Currently trading at $ 145 on BitStamp and $ 160 on MtGox, bitcoin prices are now more than 10 % above their pre-Silk Road seizure levels.

Since then, MtGox's market share has been eclipsed by those of Bitstamp and BTCChina, BitPay has been joined by Coinbase, to a lesser extent BIPS and now Circle, and at the beginning of October the last point of vulnerability, Silk Road, was shut down - and Bitcoin's prices soon went up rather than down.

In th eyes of many Bitcoin users, perhaps grieving at the sudden disappearance at their hope of instant riches, but also legitimately angry at the exchange's failure to perform up to the Bitcoin community's expectations, the message amounted to little more than rubbing salt on their wounds, gloating that while the rest of the Bitcoin economy, and even MtGox's actual service, was in disarray the exchange's usage volumes and profits were higher than ever.

The price hit rock bottom at $ 400 when MtGox finally died, and then picked back up to $ 600 - $ 700.

Since then MtGox has made an honest effort at damage control, and took two major steps to regain the public trust.

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.

At midnight on Thursday the median price on MtGox was just shy of $ 900.

«Overall, the amount of bitcoin held by the MtGox estate is approximately 202,185 XBT, or $ 91,185,435 USD at today's bitcoin price of approximately $ 451, which Kraken will help to distribute.»

MtGox was the biggest cryptocurrency exchange at that moment.