Bitcoin Exchange closes (MtGox)

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Last post made 10 years ago by cheetahwind
blueday
  • Started by
  • blueday
  • United Kingdom Almighty Member 38014
  • last active 2 years ago

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  • blueday
    • Started by
    • blueday
    • at Feb 26, 14, 11:09:35 AM
    • United Kingdom Almighty Member 38014
    • last active 2 years ago

    Big "banking" news - MtGox halts all transactions after a loophole is found.

    You can read the full story on the BBC News website HERE.

  • Lootva
    • Replied by
    • Lootva
    • at Feb 26, 14, 02:11:47 PM
    • Serbia Super Hero 1712
    • last active 3 years ago

    I hear of it and feel happy that I don't have a single coin in my purse smiley
    I was wondering if I should start mining, but when you cross-reference the hardware needed and your electric bill, I really don't think it that the ROI is good enough, at least for us, regular people smiley

  • cheetahwind
    • Replied by
    • cheetahwind
    • at Feb 26, 14, 03:31:03 PM
    • United States Super Hero 1061
    • last active 1 year ago

    lol I have a few bit coins, but there weren't in Mt Gox
    I have mine stored in Coinbase.  Then again really I've actually thought about storing them in my actual cell phone since I just got a new one a few weeks ago.  That way if Coinbase does a backflip I have my coins safely stored.
    On either note, I'm really going to guess after the US crack down, and the hackers.  That put Mt Gox into a real bad situation.
    But yeah I bought a few Bit Coins with coinbase about a year ago.  The initial value was $50 for the coin that I had bought.  Now it's worth a nice tidy sum of $390.  I've thought about cashing it in. Especially after reading this, yet the gambler in me wants to hold onto it for a while longer, or make it my rainy day fund.  I suppose we'll see were those goes after a while.
    I have trust in my wallet, which like I said is coinbase, yet some of these foreign exchanges are taking a huge hit.

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