• Mt. Gox CEO Mark Karpeles arrested in Japan
    12 replies, posted
[url]http://www.bbc.com/news/world-asia-33745611[/url] [quote=BBC]Japanese police have arrested the CEO of the failed company MtGox, which was once the world's biggest exchange of the virtual currency, bitcoin. Mark Karpeles, 30, is being held in connection with the loss of bitcoins worth $387m (£247m, €351m) last February. He is suspected of having accessed the exchange's computer system to falsify data on its outstanding balance.[/quote]
Good.
[QUOTE=sam6420;48349306]Heard about this a while ago when I almost bought from mtgox, wonder if they'll charge him for anything.[/QUOTE] Probably all sorts of fraud charges.
I hope they find stolen bitcoins
[QUOTE=Fourier;48349639]I hope they find stolen bitcoins[/QUOTE] Including mine.
Should've stuck with Magic: The Gathering cards, not Bitcoin.
Not surprised to see the whole thing bust. As I've always thought about Bitcoin, I shall always prefer good, delicious, crisp, cold American Bills over virtual funny money.
[QUOTE=Pvt. Martin;48353781]Not surprised to see the whole thing bust. As I've always thought about Bitcoin, I shall always prefer good, delicious, crisp, cold American Bills over virtual funny money.[/QUOTE] b-b-but bitcoins are the currency of the future you don't understand :downs: I'm surprised that it lasted this long, considering how buying stuff with Bitcoin seemed like an afterthought when everybody wanted to just treat it like stocks and sell it off to make a quick buck.
Actually bitcoin is still alive
[QUOTE=Fourier;48355766]Actually bitcoin is still alive[/QUOTE] You can now use Bitcoin at tens of companies! TENS!
More than before
[QUOTE=Pvt. Martin;48353781]I shall always prefer good, delicious, crisp, cold American Bills over virtual funny money.[/QUOTE] [QUOTE=Aphtonites;48355425]b-b-but bitcoins are the currency of the future you don't understand :downs: I'm surprised that it lasted this long, considering how buying stuff with Bitcoin seemed like an afterthought when everybody wanted to just treat it like stocks and sell it off to make a quick buck.[/QUOTE] The concept behind bitcoin and its implementation is brilliant. The only real reason I believe it isn't used seriously is because of the fluctuating value and consequential speculative mindset of its current users. The relative instability of bitcoin's value is the only reason why I don't keep an active balance in bitcoin myself. I think that if and when this state passes to a point where bitcoin's exchange rate is relatively stable we will see more widespread use.
Sorry, you need to Log In to post a reply to this thread.