Archive for February, 2014

Mt. Gox shuts down

Mt. Gox has been offline since late yesterday evening, just a few hours after I wrote that something like this was probably imminent. Most are interpreting the unavailability of Mt. Gox’s website as a sign that they’ve shut down for good, and unfortunately that’s probably a safe bet. CNBC posted a good write-up of the […]

More signs of trouble at Mt. Gox

Last night, Mark Karpeles (Mt. Gox’s CEO) resigned his position from the board of the Bitcoin foundation. Earlier today, Mt. Gox completely deleted all of their past tweets from their Twitter feed. Karpeles stepping down wasn’t exactly a surprise, as many in the Bitcoin community have been calling for his removal for months. However, his […]

TechCrunch: Is Bitcoin the new Paypal?

TechCrunch posted an article today comparing Bitcoin to the early Paypal days—when fraud, theft, and technical issues ran rampant. TechCrunch’s headline would probably be a bit more accurate if “Mt. Gox” were substituted in place of “Bitcoin” (and to be fair, the body of the article mostly focuses on the current problems plaguing Gox when […]

Apologies for the lack of updates

Just a quick note that I’ve been dealing with the death of somebody close to me over the past several weeks, and updates to the site have suffered as a result. I should be able to get back into a semi-regular schedule starting next week. If you’ve sent me a message at any point in […]