Forums » General » Bitcoins will collapse and maybe it will lead to Bitcoin mining and GPU prices will fall
Bitcoin - and the fall from the mountain. Gox, in particular , is a story that no one can stop talking about or tweeting.
"That's right, after the mountain. The Gox website went blank on Monday night, amid rumours of insolvency. We're also talking about the theft of over 700,000 bitcoins from the Tokyo Bitcoin Exchange, which halted withdrawals earlier this month. Some raised flags of suspicion after noticing that all the tweeting had disappeared from the mountain. Twitter Gox.
Now Coindesk and others are tweeting something unusual in the site's source code - a hidden note in HTML saying the following:
There has been speculation on social media that this line of code means that the company is indeed preparing for a sale. The co-focused publication CoinDesk reported that there is a “draft crisis strategy " document stating that the Bourse stock exchange is closing for a month as part of a re-branding plan, and that Mark Karpeles, who has just left the bitcoin research council, will step down as CEO. MarketWatch approached Mt. Gox to confirm the plan, but received no news.
Jeremy Bonney, Coindesk's product manager, said in an email that for Mt. Gox did not make sense to return this source code, but many of the decisions made by the company over the past year “look very irresponsible in retrospect."”
"I can't speculate on who will buy Mt. Gox, but if someone does, it will certainly be difficult for them to turn their fortune around. MT. Gox has been dying a slow death for a long time, but it is getting closer and closer to the grave.”
The Bitcoin price was volatile on the Coindesk index, falling to 4,418. 76 and now down 7.2% to 5,505. 87. On Fiatleak, which shows the world's currencies moving in Bitcoin in real time, it looks like Bitcoin is flowing like a river in China.
For investors in Mt. Gox, buyer news for the exchange will be better than a continuous blank website.
There have been many battle scars and disaster stories on Reddit throughout the Gox horror story: How much have you lost? a social platform user calling himself goxloser posted this a few hours ago: "I am the biggest loser of 4700 + BTC, offering a screenshot of my account a few days ago. “I don't know how death feels, but I'm pretty sure that's how I feel right now,” Gosloser said in his responses, believing he lost more than $ 2 million in bitcoin. (MarketWatch cannot verify the stories or identity of Reddit users.)
Another Reddit user with the handle ebass said that " 144 BTC and 100 were entrusted to me by a friend because he wanted to get into cryptocurrency. I didn't tell him what happened now, even though he was updated all along. I don't know how.”
An mtreme user invested his life savings - $ 357,000-in bitcoin through Mt, he told. Gox, to try to build for his son's education fund, while another also talked about losing money for tuition. And many others talked about desperate and futile attempts to get their bitcoins when they started to realize that something could go wrong, garnering sympathy, but also a lot of “what you thought” input from the Reddit crowd comments.
- Barbara Kohlmeier writes for MarketWatch. Follow her @bkollmeyer
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MT. Gox bitcoin website disappears
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No, I don't know what to say... really. I'm not sure. I think I'm a little shocked.
When it comes to cheap GPU cards, I think GPU mining is driven by new digital coins (not bitcoin) that you can still mine with a GPU card and you don't need an ASIC machine.
No one extracts bitcoin using a GPU anymore. At this point, you earn about $ 20 a year, which does not even cover electricity.
I live by buying and selling Bitcoins. This job gives me a high and stable salary every month. But as an additional profit, I use the doge faucet. For me, this is a very pleasant plus. I can recommend it to anyone who works with cryptocurrency and not only