They had a Bitcoin sad

Posted in Fiat money fear and loathers at 10:48 am by George Smith

Two sad Bitcoin enthusiasts outside Mt. Gox.

Two sad Bitcoin enthusiasts outside Mt. Gox.

From the Financial Times:

On Monday a two-man protest outside [Mt. Gox’s] Shibuya headquarters entered a second day.

“So many things do not make sense. It’s hard to find an innocent explanation,” said Kolin Burges, a Glasgow-born programmer … in the hope of putting pressure on Mt Gox to return “hundreds” of coins …

Mr Burges’s co-protester Aaron, a Tokyo-based systems architect who declined to give his surname, said he has about 460 Bitcoins in storage at Mt Gox – worth $300,000, according to the CoinDesk index …

“I’ll start to feel a little less sick to my stomach if I can get the cash.”

That might require a lot of malt liquor.

The cheapest Bitcoin near Pasadena, today — $317

Bitcoin price on Coinbase: $638

Bitcoin average on Mt. Gox: $317

1 Comment

  1. Ted Jr. said,

    February 18, 2014 at 10:29 pm

    Not that I really care because I own none of these b/coinz, but it seems
    like the distribution phase might be over. Wonder how much the winky-dinky twinz made this time.