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Sockatume writes "The beleaguered MtGox bitcoin exchange has officially filed for bankruptcy protection in Tokyo. According to the Wall Street Journal, Bitcoin held an impromptu press conference that addressed recent rumors. They state that they have over $60m in liabilities against just $30m in assets, and confirm the loss of over $500m worth of Bitcoins, split between customers' balances Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. While nothing is being said about just how much money was lost in the breach, the announcement has been blamed for helping Bitcoin prices to decline by roughly 12 per cent at time of publication. The incident is already evoking memories of the massive MtGox bankruptcy that resulted in the loss of hundreds of millions of dollars worth of virtual Borked Bitcoin bunker MtGox in administration: Lawyer seizes control · Brid-Aine Parnell E-COMMERCE INSIDER: Mobile Commerce Up 100% — Amazon Spurns Bitcoin — Heartbleed MtGox faces liquidation after Japanese court rejects bankruptcy protection · Alex Hern Borked Bitcoin bunker MtGox in administration: Lawyer seizes control. Collapsed Bitcoin exchange MtGox has been put into administration by a court in Japan, where the website is based, after it
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MtGox Bitcoins to BTC e Bitcoins in 50 seconds BITCOIN PRICE , BITCOIN FUTURE in doubt http://youtu.be/eO-yrpQpIT8 What is NAMECOIN BITCOIN'S First Fork http... -----2015 Update----- This video was made 7 months before the collapse of MTGOX. At that time, MTGOX was experiencing no delays with Bitcoin. Their only problems at that time were with fiat ... Here is the official statement from Mt. Gox: "The bitcoin will be back to around 17.5$/BTC after we rollback all trades that have happened after the huge Bitcoin sale that happened on June 20th ... MtGox USD to BTC-e Bitcoins in 1 minute This video shows the transfer of MtGox USD funds via the integrated Bitinstant functions of BTC-Trader to the BTC-e exchange and purchase of Bitcoins on BTC ... In this video you can see how I sell 2 BTC for USD on MtGox, transfer the USD funds to a MtGox coupon code and send this code via the integrated Bitinstant function to BTC-e Bitcoin exchange. On ...