Tibanne Co. - Bitcoin

It's Tipping Tuesday! BCH PLS, did you get the memo? Bitcoin is Cash!

It's Tipping Tuesday (FAQ link)!
For newcomers: Welcome! Leave a comment or question and receive a tip from our generous community!
I especially encourage those who've never received a tip to come forward!
For everyone who's done this before: Get tipping on any tipbot of your choice! [1] [2] [3]
Recommended tip: 300 bits
Whitepaper: https://bitcoin.com/bitcoin.pdf (identical to https://bitcoincash.org/bitcoin.pdf - guess why!)
If anyone is able to translate the FAQ into another language, please PM me or see this BCHBazaar post, the offer still stands!
Tipping bots:
[1] /tippr (@tipprbot on Twitter)
[2] /chaintip , http://www.chaintip.org
[3] /bchtips
Pros and cons of each tipping bot? CityBusDriverBitcoin made an awesome table for you!
Tipbot weather report: (Wed) chaintip is back up again! Thanks Tibanne!.
submitted by LovelyDay to btc [link] [comments]

Optimal scenario for Option A?

Since the Trustee sold a large amount of bitcoins, and the approved claims under bankruptcy are now secured, there are several possible scenarios for distribution. I would like to read your opinions about the one I believe has the most chances to lead to Option A. For those who don't know what Option A is, please read this: https://wiki.mtgoxlegal.com/en/home/distribution-proposals/
Proposed steps of the scenario:
  1. Distribute the 48.6 million USD which are approved claims of fiat creditors, while still under bankruptcy rules; this partial distribution has to be done with the approval of the Court; we could also wait until CR (civil rehabilitation) gets approved, but IMO would increase the chances for Option B;
  2. Court approves Civil Rehabilitation; the fiat creditors have been paid in full, and now under CR only the BTC creditors have to be compensated;
  3. Perform a partial distribution (most of the funds) of the remaining USD, about 350 million $, to the BTC creditors, so they can buy BTC or other crypto while prices are still relatively low, and close to the average price the Trustee sold at; leave enought fiat available for the operation of MtGox;
  4. Perform a partial distribution (most of the funds) of the remaining bitcoins and forks, leaving enough funds to cover for the CoinLab and Tibanne lawsuits and future MtGox operation;
  5. Don't shut down MtGox, even if the CoinLab and Tibanne lawsuits eventually get sorted out, but keep MtGox alive, with the purpose of investigating and recovering some of the stolen bitcoins; if such a recovery succeeds, distribute the recovered bitcoins to BTC creditors; even if only 10% of the stolen BTC would be recovered, that would be about 60 thousand, so IMO it's worth trying;
submitted by goxxed_finexed to mtgoxinsolvency [link] [comments]

'Twas the night before Buttmas (xpost, not mine originally)

'twas the night before christmas, and all through the net, no transactions were processed, not even a bet the miners were hung by the fans with aplomb, in the hopes that they wouldn't be unplugged by mom the manlets were nestled all snug in their chairs, losing their wallets to trojaned warez, and tibanne on his throne, ver on a stick, andreas is drunk and getting vitriolic when suddenly on reddit a new thread is hot, "banks buying bitcoin! they're buying the lot!" no evidence is posted to support this notion, but the upvotes have spoken, and caused a commotion the lines on the graph of the unstable price start rocketing upwards, no more rolling the dice! when suddenly, selling, a red arrow shows some actual volume, and transaction lag grows with this kind of movement, so many orders to fill, they knew it their hearts it was the work of a shill with money to burn thanks to the fed, battle plans formed, and the sticky now said: "now voorhees! now fenton! now, charlie and roger! hang on a minute, who isn't a tax dodger? no matter just buy, the beast isn't picky! quick, give it money, while i start the wiki!" their fortunes depleted, pocket money spent, the older among them investing the rent, personal credit forever in red, but totally worth it, the bearwhale was dead and then, a new message, a reply to a post, some economic analysis from user cum-ghost, the rainbows confusing, the triangles scattered, but it turns out none of that had really mattered utility, value, a wave of the hand, none of this matters to freemen of the land a reminder, he posted, as best as he could: "no matter what happens, for bitcoin it's good!" 
submitted by roidragequit to Buttcoin [link] [comments]

The Miraculous Christmas bitcoin song

'twas the night before christmas, and all through the net, no transactions were processed, not even a bet the miners were hung by the fans with aplomb, in the hopes that they wouldn't be unplugged by mom
the manlets were nestled all snug in their chairs, losing their wallets to trojaned warez, and tibanne on his throne, ver on a stick, andreas is drunk and getting vitriolic
when suddenly on reddit a new thread is hot, "banks buying bitcoin! they're buying the lot!" no evidence is posted to support this notion, but the upvotes have spoken, and caused a commotion
the lines on the graph of the unstable price start rocketing upwards, no more rolling the dice! when suddenly, selling, a red arrow shows some actual volume, and transaction lag grows
with this kind of movement, so many orders to fill, they knew it their hearts it was the work of a shill with money to burn thanks to the fed, battle plans formed, and the sticky now said:
"now voorhees! now fenton! now, charlie and roger! hang on a minute, who isn't a tax dodger? no matter just buy, the beast isn't picky! quick, give it money, while i start the wiki!"
their fortunes depleted, pocket money spent, the older among them investing the rent, personal credit forever in red, but totally worth it, the bearwhale was dead
and then, a new message, a reply to a post, some economic analysis from user cum-ghost, the rainbows confusing, the triangles scattered, but it turns out none of that had really mattered
utility, value, a wave of the hand, none of this matters to freemen of the land a reminder, he posted, as best as he could: "no matter what happens, for bitcoin it's good!"
Courtesy of SA user Dex
submitted by unfit_bagel to Buttcoin [link] [comments]

[Informational] [CC0] The Dijon Malaise: The Rise and Fall of Karpelès

Mark Karpelès

Mark Karpelès, also known as MagicalTux, is a former operator of the notable Bitcoin exchange MTGox, as well as a founding member of the Bitcoin Foundation, and a major contributor to the Bitcoin Wiki project.
Karpelès notably presided over the great failure of the MTGox exchange, with his tight control of information and seemingly criminally irresponsible behavior yielding unprecedented outrage in the Bitcoin community.

History

Mark was born June 1st, 1985 in France, and grew up in the city of Dijon. In his teenage years, it is rumored that his interest in computers turned criminal, according to various sources. Although apparently convicted, Mark served no time and was burdened with no public criminal record. It's documented that Mark moved from Dijon to Paris, attending the schools Lycée Claude Bernard, and Lycée Louis Armand in Paris, finishing his education in 2003 at age 18.
He soon found employment at the Linux Cyberjouers company, working as a network administrator and software developer for two years. After his stint at Linux Cyberjouers, Mark reportedly went to work for the French company Eurocenter, a game software development studio for two years. Reportedly Mark's work at Eurocenter led to a dispute and accusations of financial fraud. Mark was eventually convicted of the accusations in 2010, resulting in a one year prison sentence. However Mark never returned to France to serve his one year sentence, because in 2009 at age 24 he had moved to Tokyo Japan, never to return to France.
In Tokyo, Mark formed a limited liability company Tibanne, named after his cat, and found a new life there, marrying a local woman, fathering a child, and developing a conversant ability in Japanese. In 2010, Mark began to take part in the early Bitcoin community, volunteering time and effort to restore and rehabilitate the neglected Bitcoin Wiki project by reforming it and switching to a MediaWiki installation. Mark worked to create an extension to the wiki to charge for edits, and he ran a fund drive to generate funds to promote development of wiki content, although the five hundred donated bitcoins were never spent or returned.
In 2011, at age 26 Mark purchased the nascent Bitcoin exchange MTGox from the developer Jed McCaleb, acquiring an 88% stake in the company. It is rumored that at that point, he may have also taken on some hidden debt, stemming from a possible hack on the exchange during Jed's tenure, and reportedly during the switchover there may have been more funds lost.
Nevertheless, the MTGox exchange led the way as an early pioneer of what was to follow in Bitcoin exchanges, and quickly rose in prominence as Bitcoin's fame and fortune began to pick up in 2012. At 2012, at the age of 27, Mark joined Gavin Andresen and others in forming the Bitcoin Foundation, a trade association that was intended to funnel money towards the interests of Bitcoin, as decided by its board and members.
Towards the end of 2013, Karpelès worked to keep up with the rapacious demand of a Bitcoin bubble, fueled by massive media coverage. As the months wore on, the increased scrutiny and volume started to cause obvious issues. US regulators froze his accounts. He started to report issues with his own Japanese bank partners. The MTGox exchange started to delay and block withdrawals of fiat, and eventually Bitcoin, sparking concern. After drafting several crisis plans and circulating them to possible investors to help bail out MTGox, Karpelès eventually revealed that the exchange was inoperably bankrupt, had lost users' funds on deposit, and he pointed blame at a Bitcoin Blockchain bug called transaction malleability as being the culprit, demanding that the Bitcoin Core developers immediately fix the issue.
The Bitcoin Core developers rebuffed these demands and accusations, pointing to documentation on Mark's own wiki that detailed the bug and showing that it could be worked around, and that it was a well known issue that should have been dealt with by a competent programmer.
In February of 2014, Mark stepped down from the Bitcoin Foundation, and the MTGox exchange became defunct, the entire matter turning to the courts for resolution. In August of 2015, at age 30, Karpelès was arrested for falsification of financial documents, embezzlement and misuse of company funds, including recorded instances of solicitation of prostitutes with company money.
submitted by pb1x to writingforbitcoin [link] [comments]

Is Bitcoin's Bounce the Start of the BITCOIN IS SIMPLY BULLISH - YouTube 80 Trillion Dollar Bitcoin Exit Plan - YouTube How Do I Get Bitcoins? How Do I Buy Bitcoins? Step By Step Instructions What is Bitcoin? Bitcoin Explained Simply for Dummies ...

This page is a stub. Help by expanding it.see https://www.tibanne.com/ http://legal.tibanne.com/ This is the approved revision of this page, as well as being the most recent. This page is within the scope of WikiProject Mt. Gox, a collaborative effort to improve the coverage of Mt. Gox on the Bitcoin Wiki. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.: Stub: This page is a stub.: Mid: This page has been rated as mid-importance on the importance scale. Karpelès founded Tibanne Co. in 2009. He is CEO. He was a founding member of the Bitcoin Foundation, created in 2012 with a mission to standardize and promote Bitcoin, and served on its board until February 2014. Karpelès founded Tibanne Co. Ltd. in 2009. He is CEO. He was a founding member of the Bitcoin Foundation, created in 2012 with a mission to standardize and promote bitcoin, and served on its board until February 2014.

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