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by jbmorgado
3762 days ago
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> The only rule on the /r/bitcoin Reddit is not to promote these network fork attempts. Not really. Any criticism of bitcoin or even worst, any bad news, about bitcoin are censored in /r/bitcoin For instance, when back in 2014 MtGox failed, some days before a user from /r/bitcoin posted a lengthly article that discussed the MtGox resolution citing the problems MtGox was facing, that they had lost a big part of their bitcoins and that they were going to close doors. This came directly from an internal document and he was actually showing it. That post was of course censored in some minutes and only the people from other forums saw it before the MtGox demise. Like this case, there are many others. /r/bitcoin is indeed heavily censored and there is this almost cult like mind hive thinking inside it that makes it impossible to get any idea about bitcoin reality from it. |
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When two-bit-idiot or whoever it was posted that doom and gloom document regarding MtGox in 2014 you would have had to been completely out of the loop not to have seen it re-linked on twitter or any of a dozen other outlets. My memory of the Gox timeline has grown fuzzy over time, but from what I recall, everybody with half a cluestick knew for at least a few days prior to this release that Gox was circling the drain and god have mercy on anyone with funds left sitting in their wallets. They hadn't been processing fiat withdrawals at all for weeks, at the very best you could withdraw in Yen with a two or three week delay. This should have been everybody's signal that shit was hitting the fan. A few weeks later they started getting spotty about processing BTC withdrawls, and it wasn't until after this that the bankruptcy planning doc got "leaked".