Mt.Gox site disappears, Bitcoin future in doubt http://money.cnn.com/2014/02/25/technology/security/mtgox-bitcoin/ What was once the world's largest trading platform for bitcoins is now a blank page. The Bitcoin-trading website Mt.Gox was taken offline late Monday, putting at risk millions of dollars put there by investors who gambled on the digital currency. The exchange also deleted all of its tweets, and Mt.Gox CEO Mark Karpeles resigned from the Bitcoin Foundation's board of directors on Sunday. The news frightened Bitcoin investors elsewhere, knocking the price down about 3% to $490 -- its lowest level since November. For now, there's no telling what's behind the shutdown. Mt.Gox did not respond to requests for comment. However, an unverified document called "Crisis Strategy Draft" that is being circulated online claims Mt.Gox has lost 744,408 of its users' bitcoins, worth nearly $367 million. It also claims Mt.Gox is planning to rebrand itself as Gox. (More at above url)
Yep, sorry (investors), the dog ate my homework. No, sorry again, the butler did it. Yes, that's it, the butler did it I tell you.
Its just ridiculous to think bitcoin is going away because an exchange shut down. What if the NYSE shut down. Does that mean the future of companies such as American express, Johnson & Johnson, and McDonalds is uncertain? Bitcoin just basically had our 9-11. Karpeles flew an airplane into the exchange, people got killed(financially) and the price dropped just like on 9-11. Thats it. Nothing has changed. Price will recover
New Professional USA Exchange is already in the making: http://www.coindesk.com/secondmarket-barry-silbert-launch-regulated-us-exchange-this-summer/ (and I'm sure this isn't the only one which is in development behind the curtains).
Wasn't mt gox based in japan ? And isn't the anonymous creator of bitcoin from there as well ? Looks to me that the sheep got fleeced in just another ponzio scheme. The whole bitcoin thing is shady and when you deal with shady people don't be surprised when you get screwed There is no honor among thieves
American Express, Johnson & Johnson, and McDonalds sell REAL products (or services). On the other hand bitcoin is what ? Yes, thats' right, the ultimate bullshit currency. Yeah right Mr Bitcoin "representative", hundreds of millions of dollars are missing but hey, nothing has changed, you can still trust our bullshit currency, your money is safe with us.
You can Troll away.... and make a fool of yourself.. Or, You can spend some time to understand what it really means, the same way as educated and intelligent people do, like Larry Summers this morning: http://www.coindesk.com/former-us-treasury-secretary-bitcoin-innovative-solution/
as long as there are enough views like this, bitcoin and other virtual currencies have a lot of upside potential. only when everybody's on the same side one should begin to doubt