criesofthepast
Member
MTGox.com was once the worlds largest exchange. No one has been able to withdraw coins or FIAT for quite a while now which drew rumors they were insolvent. A ton of drama. Lack of updates on their part to the community has caused crazy volatility the past few weeks.
They have just gone dark with the website completely halting trading and now showing just a blank page. Prices now free-falling. Hundreds of millions of dollars worth of coins are now in limbo and may be gone forever. Feel bad for everyone who had money in the exchange. Not sure what recourse there is for them.
Hey, but good buying opportunity now, right?!
Figured it is big enough news to warrant a new thread since the only other Bitcoin thread is buried in community now.
http://www.coindesk.com/mt-gox-trading-halts-bitcoin-businesses-move-assure-investors/
They have just gone dark with the website completely halting trading and now showing just a blank page. Prices now free-falling. Hundreds of millions of dollars worth of coins are now in limbo and may be gone forever. Feel bad for everyone who had money in the exchange. Not sure what recourse there is for them.
Hey, but good buying opportunity now, right?!
Figured it is big enough news to warrant a new thread since the only other Bitcoin thread is buried in community now.
http://www.coindesk.com/mt-gox-trading-halts-bitcoin-businesses-move-assure-investors/