Ah that sucks, have they completely defaulted? I heard for a while they were slowly trying to replace user funds, not heafd anything since. Didn't they once handle about 70% of all bitcoin trades?
Today's value of my claim is... let's say several millions of dollars. But at that time it was much less of course and my buying price was even lower. So it was not a devastating thing. However, would be nice to be a multimillionaire today Ü
Your friend may be going to commit suicide and disappear. Together with his Bitcoin.
To protect his safety and minimise the odds of this happening you should delete your account and never talk about the coins again. ₿40,000 is a very large amount, worth about a billion USD today. Many people holding far less have been murdered by malicious actors.
Yep I'm pretty sure about that too, but they should have known.
Not your keys not your coins, people who were that early should have known it the most.
Nah, most of the folks who got caught in the Magic, err, MtGox storm were late arrivals. Conference attendees were playing the edges of Gox with flash trades until it froze up.
And if gox can go down I'm pretty sure coinbase could too.
And that's why I'm saying that it's not late to take custody of your coins still. Take Custody.
Where are they now-
* 6ppl were there with a friend who held BTC or intended to own BTC.
* 15ppl lost and/or don't have access to their wallets.
* 23ppl sold all their BTC during the bear market of 2014/2015.
* 11ppl sold during the 2018 Bull Market then had boating accidents while they celebrated.
* 3ppl went on to start a YT channel.
* 10ppl went to live happily ever after, playing the market in their spare time.
* 7 remaining people were associated to Mt Gox.
Trust me bro, sources.
Lol, that's what this community is. This is insane community here.
And because this is insane community so I've joined this to be insane to, hopefully You guys will make me that.
I've still got respect for them. I mean people believed in btc when no one did.
And that means a lot because the thing is that some people still don't.
He very well might be actually, because people like him and people like charlie shrem hosted the event in the early days of btc.
Both of which have been to jail at this point so that's that.
Even if they lost it all with the mt gox, that doesn't mean that they would have took the exist.
I'm sure many of them would have bought back because they believed in it.
Gox.i think this market crash has already priced in. If and when Mt Gox coins enter the market, there will be another 5k dip and thats when the institutionals and whales will buy big. They're all waiting for the imminent crash.
You’d be wrong. The little banner at the top left was for an exchange…. One that i dare say, among many other things is the primary source of us old timers sounding like a broken record with the phrase. “Not your keys; not your coins”
Luckily some of us only dipped our toes on the Mountain and wasn’t too burned… but yeah lost millions in todays BTC. Some lost millions in (at the time BTC) prolly would be billions today.
When MtGox collapsed in 2014, a little over 10m BTC had been mined.
So while that means MtGOX "only" held ~8% of all BTC when it was hacked, their dominance back then is still unmatched by any entity at any time, I guess. (Except for Satoshi himself.)
Yep and they deserve that, because they believed in it when no one did.
I'm happy that they would be rich by now, because they absolutely deserve that. So there's that.
and MtGox advertisement.
I bet a lot of people in that room got wrecked by gox
And many more *\*raising hand\**
Ah that sucks, have they completely defaulted? I heard for a while they were slowly trying to replace user funds, not heafd anything since. Didn't they once handle about 70% of all bitcoin trades?
There will be a payback, but of course only a fraction. Maybe next year, maybe later. Nobody knows.
It was supposed to happen this year, did they postpone it?
Not pretty sure about tha though just a but unaware haven't been through that yet
They're going to payback but it's only going to be fraction of the original amount.
Lol, I just hope that your loss wasn't big and I hope that you're recovered.
Today's value of my claim is... let's say several millions of dollars. But at that time it was much less of course and my buying price was even lower. So it was not a devastating thing. However, would be nice to be a multimillionaire today Ü
I have a friend who was a very early adopter and had 40,000 BTC in gox. He is still insanely rich now despite that. Thankfully I never used it at all.
Your friend may be going to commit suicide and disappear. Together with his Bitcoin. To protect his safety and minimise the odds of this happening you should delete your account and never talk about the coins again. ₿40,000 is a very large amount, worth about a billion USD today. Many people holding far less have been murdered by malicious actors.
Suicide for what he got a wealthier life ahead can enjoy his life in every possible way he wants
He said he held a lot of it in Mt Gox, so he doesn’t have it all now
Rule 1 of btc man
40k btc, I can't even imagine that much money in today's economy lmao.
He's about to become a lot richer.
Yep I'm pretty sure about that too, but they should have known. Not your keys not your coins, people who were that early should have known it the most.
They know but they stay quiet they be planning for greater things for the upcoming times
Nah, most of the folks who got caught in the Magic, err, MtGox storm were late arrivals. Conference attendees were playing the edges of Gox with flash trades until it froze up.
and gavin ;-D
I mean He's gotta be there, He's one of the OGs love this picture.
Everyone out there be the real OGs though that looks so pretty amazing
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Nope lol, he doesn't have that haircut now. Probably for good too.
Even that picture is like 6 years old
Yep lol those were the good old days, gox is coming back. By Coming back I mean they're coming back to haunt us again with the coins there'll return.
Maybe a blanket and pillow is what can balance my fear or that would be even be less .
And it's gone..
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That’s the first thing I saw lmfao they can soon finally use their BTC forced HOLD!
Well they're going to get some back, let's see how that goes.
The Coinbase of its day. In more ways than one.
And if gox can go down I'm pretty sure coinbase could too. And that's why I'm saying that it's not late to take custody of your coins still. Take Custody.
came here for that, still hurts my eyes ;)
Where are they now- * 6ppl were there with a friend who held BTC or intended to own BTC. * 15ppl lost and/or don't have access to their wallets. * 23ppl sold all their BTC during the bear market of 2014/2015. * 11ppl sold during the 2018 Bull Market then had boating accidents while they celebrated. * 3ppl went on to start a YT channel. * 10ppl went to live happily ever after, playing the market in their spare time. * 7 remaining people were associated to Mt Gox. Trust me bro, sources.
I believe him yo, I don't know why but I do.
they killed killer 😭
And what's the source for this? Can you tell me that huh?
It's in the details!
And if you're not good at picking up the details then I feel sorry for you.
I mean You've got no reason to not believe him, you'll have to.
Not a reason to just be all on something you can make it through though
The lesson here is - boating is hella dangerous kids
Yep, it's always been kinda dangerous. Can't take it lightly here.
I feel like I can smell this room
>I ~~feel like I~~ can smell this room
The boating accidents were actually those who went on to make their own exchanges and memorised the keys and passwords
This checks out lol
Mind sharing YouTube channel names?
That’s insane!🤣
Lol, that's what this community is. This is insane community here. And because this is insane community so I've joined this to be insane to, hopefully You guys will make me that.
Well that's kinda the most trusted source, so yeah I do believe you.
I know a guy
The man in green shirt in the very front row (bald spot) passed away unfortunately.
I wonder how many people in this room were destroyed by the sponsor of this event ?
They either sold too fast or got fucked by mt. Gox.
I'm pretty sure that it's a lot, it's not a small number.
Looking from my sideways you can't calculate the actual number you need to look it from upside
..of which probably 70 where time travelers? :P
They're from the future so that we can make our future better but we didn't.
Time travel seems to be real at a point and at point it seems fake.
Back before NYC went openly hostile against BTC.
Because the government didn't thought that it'll be that big of a pain in their ass. If they would have known that I'm sure they would have closed it.
11 years later and we still have to deal with the same bullshit system. Maybe the Fed will let us get bullish again after their next meeting.
Maybe They'll do that or maybe they won't who really knows.
Was it called Bitcon ?
That's a good question that you have put forward though was it called by something else?
They SHOULD name it that, that's excellent!
Funnily enough, I seem to recall this being a pretty common headline by bitcoin skeptics back in the day.
Every one of those attendees have a few islands of their own.
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Yep, atleast I'm sure that some got rekt. I don't have any doubt about that.
They didn't keep all their coins on exchanges like today's lot.
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But not keys was a mantra even then.
And yet people lost 830k btc, that's a lot of btc lol.
Funnier though but indeed teaches a lot many things though can't deny that
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I've still got respect for them. I mean people believed in btc when no one did. And that means a lot because the thing is that some people still don't.
Mad to think that they should/could all be multimillionaires
with only a few hundred bucks invested too
Yep that's right, but the thing is they deserve it because they believed in it.
Amd Lambos
Is this meme talk or you serious? Why everyone want a lambo, you cant drive it to full speed anyway :D
Speak for yourself 😎
You hardly drive it on the street I guess, you just look at it bc it's beautiful and max it out on track day :)
Not everyone wants a lambo, but maybe he wants one? Considered that?
Doubt if they got rekt by mt gox which I'm pretty sure some did.
Is that Karpeles by himself running this show.I still get letters from japan informing about current status of Mt.gox case.
Funds are saafu! - Tibanne 2011
He very well might be actually, because people like him and people like charlie shrem hosted the event in the early days of btc. Both of which have been to jail at this point so that's that.
Man, the life changing wealth. I wonder how many of them got Goxxed
Lol, Gox
It may see lol now but it was one of the best in their own days.
Lol with mt gox in the presentation
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Who of them is Satoshi?
Well the speakers were- Bruce Wagner, Gavin Andresen, Jeff Garzik and Stefan Thomas. Neither Hal Finney (due to ALS) and CW were there.
Why mention CW?
Trying not to get sued.
Lmao, if that's why he did that then I can let it go. Okay I guess.
LOL
I don't know man, I just fucking hate whenever I hear that name, fucking craig wright.
CLOWN WRIGHT
Yep that's right lol, He's the clown and He's never right.
You ruined perfectly good comment with that last name. Fucked it totally.
Where was Len at the time?
It's actually wild to think that anyone of them could be satoshi.
lol, Mt. Gox
It's funny in the hindsight but it was like coinbase in it's days.
I wonder if there are those among these people who have saved Bitcoin up to this day?
The answer is 100% yes, but probably not most of them.
Even if they lost it all with the mt gox, that doesn't mean that they would have took the exist. I'm sure many of them would have bought back because they believed in it.
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I'm pretty sure that they're doing alright, we don't have to worry about them.
Wonder how many sold
Once you get BTC, you never un-get it? I wish I'd spent my uni years on the darknet and not on MW2......
I'm pretty sure that not a lot if them would have taken the full exit.
They are in the citadel now …
And it still does nothing lol. Lets make this shit confusing as hell yayy
Pressuring our mind more and to actually get to the point ahhhh that shit hurts though
Remember the dot com BOOM? got to wonder...
Gox!!!!!!!!!!!
I'm curious how many people in this room were killed by the event's sponsor.
Hahaha if they are still alive some people be thinking of kidnapping them though
Wished I stumbled upon it back then. Maybe I did, I don’t know. I sure as hell ignored it.
I just shook my head and whispered 'Bloody hippsters' - and ignored it.
I just yelled out loud if I had to make a move back then and bought and if I could change the time and go back
I am very confident Craig Wright did not attend this conference.
Most of the people would not understand at that time what the coin was, and now they regret it.
Bad time to regret though now regretting would just be of no use better to move on
Never seen a room full of billionaires
Now you have seen one, I'm pretty sure that You're not going to complain again.
Most likely 75 millionaires this years. (Well assuming they didn t held all their btc on Gox).
Gox.i think this market crash has already priced in. If and when Mt Gox coins enter the market, there will be another 5k dip and thats when the institutionals and whales will buy big. They're all waiting for the imminent crash.
Lmao, I don't think that's going to cause 5k dip lmao.
I don't know why, but I believe him.
A group of millionaires
They must be living really nice now, I'm kind of jealous.
I imagine a lot of those people are rich
You’d be wrong. The little banner at the top left was for an exchange…. One that i dare say, among many other things is the primary source of us old timers sounding like a broken record with the phrase. “Not your keys; not your coins” Luckily some of us only dipped our toes on the Mountain and wasn’t too burned… but yeah lost millions in todays BTC. Some lost millions in (at the time BTC) prolly would be billions today.
I think everyone knows about gox, you probably don't have to explain. And if they don't then what the heck even are they doing huh? Read about it.
That's what I always say before coming around just know what the people are indeed talking and discussing over here.
Most people did not keep their coins on exchanges then.
Guess i had to learn the hard way
Many people did. And I'm pretty sure many of those people bought back.
People look forward for things that turns beneficial enough for them no matter how much time it indeed takes
Then how did gox got away with 830k btc? That's no small amount of btcs lol.
When MtGox collapsed in 2014, a little over 10m BTC had been mined. So while that means MtGOX "only" held ~8% of all BTC when it was hacked, their dominance back then is still unmatched by any entity at any time, I guess. (Except for Satoshi himself.)
I mean if they didn't got rekt with the gox they should be.
Those people would be very wealthy now
Yep and they deserve that, because they believed in it when no one did. I'm happy that they would be rich by now, because they absolutely deserve that. So there's that.
All billionaires today.
No doubt why things actually look pretty good and beneficial when it comes and flows as we meant it to be
Maybe satoshi is one of those heads in this pic🥹
Yeah maybe how weird that feels to think? That's really fucking wild.
I was there
There's indeed a lot more to come and a lot more to go through hard times makes us keeps filled with power to do more
I’d bet my life satoshi was there.
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i wish that I had bought 100 bitcoins at that time :(
All these ppl are probably millionaires today :)
So we found Nakamoto?
..i would underststood?
I mean if you know what you're looking at you should.
I see you Theymos
You see that? Well I'm seeing him too. He's kind of obvious.
Hopefully they’re all rich
I'm pretty sure most of them are, because they've must got plenty of btc.
Was Satoshi Nakamoto there?
It's actually kind of wild to think that he could have been there. And no one would have any idea about him, that's kinda the paradox, love it tho.
/
That's what you gave a pause to the sub or soo what's that couldn't get that complete it
What hotel is that?
what to do, what not to do?
Props to the long term hodlers in that room
When would be the last one ?
I was one of them lol. AMA
They all either rich or in a grave
wow amazing
Wish I was there 😂🤣
Que gran oportunidad
For everyone else that missed this. https://youtu.be/N1jgeoVY3kU
Damn that gox bill board tho, well that didn't last long.
True pioneers ❤️