MtGox.com is offline

Re:MtGox.com is offline by jamesaguilar on Monday February 24, 2014 @11:34PM (#7295591)

On some level, if you lose many life savings worth of wealth through what I can only assume was gross negligence and incompetence, you should expect the hatred. It's not like you can lose hundreds of millions of dollars -- or even tens, for the pedants who want us to take the integral of the value through the buy side of the order book -- through an honest mistake. He deserves the infamy he's getting.

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Re:MtGox.com is offline by pbiggar on Monday February 24, 2014 @11:55PM (#7295689)

The point is that these people are people - have some compassion.

I failed in my last startup, fairly publicly, and got a fair amount of internet hatred, and suffice to say I was not a happy bunny. But I didnt fail with remotely the publicity this got - I can't even imagine what the mtgox people must be feeling.

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Re:MtGox.com is offline by jamesaguilar on Tuesday February 25, 2014 @01:06AM (#7295963)

If you misled people into thinking you were solvent and kept taking their money when you knew you wouldn't be able to pay it back, or if you took grossly unacceptable risks with that same money, I'm glad you were unhappy. I doubt that's what you actually did though, and you are reacting to this story out of a kind, admirable, but entirely misplaced sense of compassion for someone whose wrongs are entirely unlike your own.

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Re:MtGox.com is offline by gnaritas on Tuesday February 25, 2014 @02:30PM (#7299849)

People who commit fraud deserve no compassion. Failing and stealing are vastly different things. Gox didn't just fail, they tried to hide it and have done nothing to deserve a single lick of compassion.

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Re:MtGox.com is offline by erichurkman on Tuesday February 25, 2014 @12:15AM (#7295786)

I dearly hope no one invested their life savings into Bitcoin.

That said, I'm sure many did, as they tend to do into any investment that has potentially huge upswings.

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Re:MtGox.com is offline by A_COMPUTER on Tuesday February 25, 2014 @12:37AM (#7295858)

https://falkvinge.net/2011/05/29/why-im-putting-all-my-savin...

You mean like Rick Falkvinge founder of the Pirate Party?

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Re:MtGox.com is offline by gwern on Tuesday February 25, 2014 @06:01PM (#7301338)

Falkvinge says he got most of his bitcoins off Mtgox before it blew: http://www.reddit.com/r/Bitcoin/comments/1yv26o/gox_horror_s...

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Re:MtGox.com is offline by TophWells on Tuesday February 25, 2014 @02:19AM (#7296156)

I don't know any high-profile cases, but this random Reddit user did:

https://pay.reddit.com/r/Bitcoin/comments/1r88vl/need_advice...

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