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Before the 'loss', their bank tried to cancel all contracts. It's more likely that Gox' accounts were frozen along with the deposit boxes (cold storage), due to
by einrealist 13y ago
Before the 'loss', their bank tried to cancel all contracts. It's more likely that Gox' accounts were frozen along with the deposit boxes (cold storage), due to an investigation. Maybe Gox is under a gag order. So they tried to find an explaination that would not violate that gag order.
- TaylorAlexander 13y agoAh, interesting. Well I look forward to seeing how it pans out. I feel for the people who lost coin. Hopefully we have learned how better to handle cryptocurrency in the future, even if it's learning how little to trust others with it. I'm rooting for decentralized electronic currency, so I hope the lessons learned make it stronger!
- einrealist 13y agoWell, people should treat market places as what they are and not as banks or deposits. It's always the lazies who get bitten. Move coins to your own secure wallet, back it up and be suspicious about everything (your and other's hardware and software, market places). Unfortunately, there is no easy way and never will be. Everything comes with trade-offs. Just pick those with the least risk. I like to see open devices that are built just for managing coins. Bitcoins on your smartphone? Forget it! Maybe, if all the bis players stick their heads together, they can build something, that is certifiable and has nothing more than required on-board, so that it is easier to be kept secure.
- cgcardona 13y agoOn that note I'm very excited for my piper wallet to arrive this week! http://piperwallet.com/ http://piperwallet.com/ Easy and secure way to print out paper wallets. Built on the rasberry pi.
- einrealist 13y agoInteresting. Never heard of this. Does this print on thermal or normal paper? The website states that "Piper doesn't need ink refills". Thermal paper would be problematic.