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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (104588)	2/25/2014 3:20:38 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 217620

No worries. That's just like some bank like Lehman, or Royal Bank of Scotland going bust. It happens all the time. That doesn't mean the Federal Reserve or Bank of England are in trouble with issuing their fiat currency. <Tue Feb 25, 2014 12:04pm EST (Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point" but gave no details. Several other digital currency exchanges, including Bitstamp and BTC-E, issued statements attempting to reassure investors of both bitcoin's viability and their own security protocols. The website of Mt. Gox suddenly went dark on Tuesday with no explanation, and the only activity at the company's Tokyo office was outside, where a handful of protesters said they had lost money investing in the virtual currency. Hours later, Mt. Gox CEO Mark Karpeles told Reuters in an email: "We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties."> But maybe they had a security concern and they have gone off-line while they rev up some more servers to ensure their system is bullet-proof. Lots of banks should have done that when they saw the housing bubble and sub-prime markets going mad, with swindling counter-party swaps of various derivatives. Mqurice