On Fri, Mar 21, 2014 at 8:59 AM, rysiek <[email protected]> wrote:
> Dnia piątek, 21 marca 2014 08:20:02 Kelly John Rose pisze: > > On Thu, Mar 20, 2014 at 11:25 PM, jim bell <[email protected]> > wrote: > > > > http://www.engadget.com/2014/03/20/mt-gox-apparently-found-200-000-bitcoin > > > -in-an-old-wallet-shoul/?ncid=txtlnkusaolp00000589 > > > > > > "In a bit of news that's familiar to anyone who ever put on an old > jacket > > > and found $20 in the pocket, embattled Bitcoin exchange Mt. Gox has > made a > > > fortuitous discovery. The company announced > > > (PDF)<https://www.mtgox.com/img/pdf/20140320-btc-announce.pdf> in > Japan > > > that it found 200,000 Bitcoin (worth nearly $116 million at the moment) > > > in a wallet from 2011 that it no longer used. That's less than a > quarter > > > of the 850,000 Bitcoins CEO Mark Karpeles reported were missing, but at > > > the moment, at least it's something. According to its statement, the > > > coins were moved to online wallets on the 7th, and then to offline > > > wallets on the 14th and 15th. The mystery of what happened to Mt. Gox's > > > funds<http://www.engadget.com/2014/03/11/mt-gox-us-assets-frozen/> is > > > still far from solved, but between this news and reports of updated > > > balances for account > > > holders<http://www.engadget.com/2014/03/17/mt-gox-login-page-returns/ > >, > > > it seems possible that there's something to be recovered from the > > > shuttered exchange. Next up, removing all of the cushions from the sofa > > > and pulling it away from the wall." > > > > If that doesn't inspire confidence in you, I don't know what will! > > > > Honestly, I really wonder what would happen if some developers who > > understand financial cryptography and how banks properly work built a > real > > bitcoin exchange. Considering how well it has done with incompetents like > > this, I'm betting a properly programmed and vetted system may be quite > > successful. > > I'm betting the exactly other way. "First to the market" and some snakeoil > usually, unfortunately, win by leaps and bounds with "well-designed and > properly implemented". > > -- > Pozdr > rysiek Snakeoil will be good at sucking money out of suckers with more dollars than sense. Bitcoin, or some other cryptocurrency, really does have potential as a way to grease the gears of international finance or micropayments, but not really as a complete currency replacement in my opinion. The problem here is that there is no legitimate or reasonable way to buy into the market without going through these snakeoil-like dealers. -- Kelly John Rose Twitter: @kjrose Skype: kjrose.pr Gtalk: [email protected] MSN: [email protected] Document contents are confidential between original recipients and sender.
