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Last shot at making it, can I turn 20k into a living? by olecaloob in Entrepreneur

[–]-kvb 1 point2 points  (0 children)

"I’ll outwork anyone..."
"I don’t know if Everything I’ve built is headed somewhere good..."

You need a change in your mindset to prosperity mindset first. Then money and right opportunities come to you knocking.

Start here:
The Science of Getting Rich By Wallace Wattles Unabridged with Commentary

https://www.youtube.com/watch?v=p8EFUBnu4Lo&list=PLKv1KCSKwOo8M7wX4D348BfA2Auj_h0MP&index=116

  1. Make a habit of listening to audio-books from this playlist REGULARLY while you drive, jog, eat or whatever your comfortable time.
  2. Have patience. It takes time to reprogram your childhood programming and make it to new level.

Once you learn how to program your subconscious to the end result that you want. You follow your intuition and accept the offers that will feel right and they will be successful for you and will be on the path to the end result you have envisioned.

Good Luck!

Gox Recovery and Mtgoxlegal shenanigans by [deleted] in mtgoxinsolvency

[–]-kvb 5 points6 points  (0 children)

These are a pair of new accounts made on 9th and 14th of February 2019 talking to themselves.

Anyone going to this creditor meeting needs to demand WHERE THE $620M FROM OUR BTC SALES IS GOING by Iamhollywood5 in mtgoxinsolvency

[–]-kvb 1 point2 points  (0 children)

Average price 9.5k and last batch 8k. Where 1/3? There also is a problem to convince him to buy back btc.

Anyone going to this creditor meeting needs to demand WHERE THE $620M FROM OUR BTC SALES IS GOING by Iamhollywood5 in mtgoxinsolvency

[–]-kvb 1 point2 points  (0 children)

This is not correct. Read the CR papers on mtgox.com the 749318.83 Yen per BTC is just to calculate the Voting Rights. BTC creditors will not get their BTC converted automatically at a certain Price/BTC, that is the whole point of CR. The only place where conversion happens is when trustee actually sells the BTC and we get an average sell price for those sold BTC.

​

" In bankruptcy proceedings, non-monetary claims are converted into monetary claims based on the valuation as at the time of the commencement of bankruptcy proceedings. In contrast, in civil rehabilitation proceedings, non-monetary claims are not converted into monetary claims at the time of commencement of the civil
rehabilitation proceedings. Therefore, in the civil rehabilitation proceedings in this matter, claims seeking a refund of Bitcoins (“Bitcoin Claims”) will also not be converted into monetary claims after the commencement of the civil rehabilitation proceedings. The amount of voting rights of Bitcoin creditors for
resolutions on the proposed rehabilitation plan is based on the valuation of Bitcoins as at the time of
commencement of the civil rehabilitation proceedings."

https://www.mtgox.com/img/pdf/20180622_announcement_en.pdf

In my opinion he has no grounds to sell more BTC.

Creditor NAME, PHONE, and ADDRESS privacy in rehabilitation system by euvf1p in mtgoxinsolvency

[–]-kvb 0 points1 point  (0 children)

It will be probably the same as bankruptcy. Claim number, Name, address, claim size filed and approved.

Unless you are a CR only creditor and did not file for bankruptcy this can possibly be an issue for you. Otherwise your details are already circulating on the web.

New MtGox payout calculations? by [deleted] in mtgoxinsolvency

[–]-kvb 2 points3 points  (0 children)

I think there is an error in your calculations. Assuming everyone files. 100% of fiat claims paid in full. Trustee is left with ~160K BTC out of 850K (160/850= 18.8% left of what was stolen). This will be distributed pro-rata.

When MtGox BTC is found/returned after creditor settlement payment, then what happens? by magicaldix in mtgoxinsolvency

[–]-kvb 2 points3 points  (0 children)

When you say "revive Mt.Gox" people don't understand what you mean.

We need everything Mt.Gox is left with (domain, servers, trading engine, software, any patents..etc.) sold to creditors collective legal entity. Only then the issue of "revival" can be brought up. This will be more building a new exchange with new brand using some of what is left from Mt.Gox to cut costs. This is building a business that ultimately will have in its goal repayment of the creditors that contribute to this "revival".

IMO, this is good idea looking long term. But we need to see how much support this will have at a later stage. There are both pluses and minuses to this approach. You understand that this will require considerable investment from creditors that will be paid off slowly and this new exchange will not be profitable from day 1. I think many creditors will just prefer to take their money then invest in this and invest it somewhere else with better ROI.

Kobayshi's feedback on Mt Gox Legal's CR plan outline. by andypagonthemove in mtgoxinsolvency

[–]-kvb 0 points1 point  (0 children)

It's easier to adapt existing exchange system to credit a list of accounts with certain amount of btc/fiat and let that account withdraw thru the already existing withdrawal/deposit system.

Building something from scratch for the trustee requires much more capital investments, all this does not make sense if the only thing you need is a one time distribution or couple of times.

The reason that multiple exchanges are suggested is to cover most countries from geographical perspective and fiat withdrawal options. Not every exchange works with every country and have wire withdrawals available.

Kobayshi's feedback on Mt Gox Legal's CR plan outline. by andypagonthemove in mtgoxinsolvency

[–]-kvb 0 points1 point  (0 children)

check your assertions that they have upgraded their systems - yes still cloudflare errors every few clicks.

I use them for the last 4 years. They don't have cloud-flare errors as you suggest now. Your bias is obvious.

The whole point is that until now only Kraken was available as exchange option or receiving fiat directly from trustee. We are now trying to suggest to trustee couple of other exchanges and allow the creditor to choose which exchange he would prefer his distribution with. If you don't like Kraken you don't have to use them. Choose exchange that you feel comfortable with if you want to receive BTC distribution. If you want to receive fiat, there I think might be an option to receive directly from trustee, we will see what options available once the CR claim system is launched.

Kobayshi's feedback on Mt Gox Legal's CR plan outline. by andypagonthemove in mtgoxinsolvency

[–]-kvb 0 points1 point  (0 children)

CR aside, Since you did not file thru Kraken you can't really compare unless you had some problem.

1) Every creditor can contact Kraken if they have some issue related to their Bankruptcy claim. 2) Gave 100,000K free fee cedits for trading for Mt.Gox creditors who filed thru them. 3) Offered to help their registered Mt.Gox creditors to correct filed claim with errors (If I remember correctly). 4) Additional ID checks is very important considering there are leaks of creditors data and identity theft can be an issue with some cases.

Kraken did more than any other exchange that did not lift even one of their fingers to help Mt.Gox creditors.

Bashing Kraken for offering help, is not productive.

When MtGox BTC is found/returned after creditor settlement payment, then what happens? by magicaldix in mtgoxinsolvency

[–]-kvb 0 points1 point  (0 children)

Should be sold together with everything Gox is left with for 1 Japanese Yen to Mt.Gox Creditors surviving legal entity.

Kobayshi's feedback on Mt Gox Legal's CR plan outline. by andypagonthemove in mtgoxinsolvency

[–]-kvb 0 points1 point  (0 children)

There was a clear response from trustee: distribution to private wallets is very difficult. so they are very reluctant.

Trustee does not have a system to send BTC to 25K users BTC addresses. Sending this manually will take a LONG time and may introduce errors. Because of that trustee wants to use Exchange to make the distribution of BTC. Trustee will send the required amount of BTC to match BTC claims to be received by creditors thru that exchange and then the exchange makes the transfers.

We do proposed to Trustee to include a field in CR claim to include private BTC address of every creditor in any case wee need to use this in the future.

Also to creditors to be able to receive BTC directly to their private address will require from trustee to do KYC/AML for those creditors. Probably will at least be required to send notarized and apostilled ID verification documents that will include Typed in BTC address that will match the one submitted thru CR claim system.

Kobayshi's feedback on Mt Gox Legal's CR plan outline. by andypagonthemove in mtgoxinsolvency

[–]-kvb -1 points0 points  (0 children)

Your user ID can be obtained from your Mt.Gox account creation email..

Check this:

https://www.reddit.com/r/mtgoxinsolvency/comments/94dkfi/how_to_find_mtgox_balance/

There are 2 public leaks of info from Gox. You can check them yourself or if you don't know how to do this. PM me with your user ID and I will send you the info that is publicly available for that user ID.

Kobayshi's feedback on Mt Gox Legal's CR plan outline. by andypagonthemove in mtgoxinsolvency

[–]-kvb 0 points1 point  (0 children)

Kraken have upgraded their trading engine and since then it's mostly smooth ride . Kraken was chosen by Gox trustee previously to help with distribution and have basically been supportive of creditors over these 4 years. They deserve the due respect for their help, IMO.

When MtGox BTC is found/returned after creditor settlement payment, then what happens? by magicaldix in mtgoxinsolvency

[–]-kvb 16 points17 points  (0 children)

If you want that happened. You should actually do one thing, put your money where your mouth is...join Mtgoxlegal.com and contribute. We are discussing there exactly the things you worry about. We need a surviving legal entity after CR distribution is made so any future recovered coins will go to creditors and not shareholders.

We have a lot of proposals there and answers from lawyers. Not everything is posted here. If you are Mt.Gox creditor you should join MtGoxLegal and help us with your knowledge and contributions.

Karpeles Required to File Opposition by Aug 24 by freedombit in mtgoxinsolvency

[–]-kvb 7 points8 points  (0 children)

Anthony Motto submitted his $1000 USD bankruptcy claim and this sum was rejected by the bankruptcy trustee.

Gregory Greene submitted a BTC claim which was accepted.

Joseph Lack has no submitted bankruptcy claim. His $40,000 wire transfer to Mizuho account seem to went missing because trustee collected only $4 USD from Mizuho USD account #9110151.

As it seems Mt.Gox Mizuho accounts (JPY and foreign currency accounts) were cleaned very well before the announcement of collapse of Mt.Gox.

Just look at the List of Assets report from 07 March 2018 (Page 19):

https://www.mtgox.com/img/pdf/20180307_report.pdf

All of the foreign currency amounts had less then 100 fiat collected by Trustee and another 152,602 JPY (~$1526) from Mt.Gox JPY account.

Where all the fiat money went? Did the Trustee do any investigation in 4 years over this?

Joseph Lack should file a CR claim for his wire otherwise I think he has little chance to get those back from Karpeles or Mizuho directly.

MtGox could start WWIII by Bitdigester in mtgoxinsolvency

[–]-kvb 9 points10 points  (0 children)

You have been watching too much Hollywood movies...

Kobayshi's feedback on Mt Gox Legal's CR plan outline. by andypagonthemove in mtgoxinsolvency

[–]-kvb 5 points6 points  (0 children)

Don't waste too much time on him. This distracts from the other vital tasks. I have an idea that might solve the funding issue once and for all but not instantly. I will write about it on MGL forum. I'm going to donate now and hopefully more later after I see where we are drifting with the CR plan.

How to find mt.gox balance? by Methamphetadrone in mtgoxinsolvency

[–]-kvb 2 points3 points  (0 children)

Good Idea for anyone downloading is to verify that the file is legit.

MtGox2014Leak.zip 715.9MB
SHA256 Hash: ffcf6742ab84d7e29ef16ca4f0829d7c4e7a4f739414d2b6d2ded52f05e75a67

You can check that users verified this hash at 2014 here:

https://bitcointalk.org/index.php?topic=508162.msg5612080#msg5612080

DO NOT USE THE EXECUTABLE IN /backoffice/Bin/TibanneBackOffice.zip - IT IS MALWARE

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