Tag: Mark Karpeles

Bitcoin Price Watch: Currency Jumps Another $100

Bitcoin’s price has risen by another $100 and presently stands at $8,200. According to one source, the next spike may take the currency all the way to $8,500, in which the next goal will be to reach $9,400. Other cryptocurrencies also seem to be “infected” with bitcoin’s rising spirits. Ethereum, for example, is trading at $544 at press time – a $7 hike from yesterday’s $537. Ripple has crossed the …
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Mark Karpeles Loses Confidence in Bitcoin and Ethereum

Most cryptocurrency users are familiar with the name Mark Karpeles. He is the former CEO of Mt. Gox, the exchange which went bust several years ago due to a hack. It now seems Karpeles has given up all hope when it comes to Bitcoin, as he is no longer a believer in this cryptocurrency. Karpeles Grows a Disdain for Bitcoin Even though Mark Karpeles is not the most popular person …
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MtGox Phoenix Rises – Exchange May Become Solvent if Bitcoin Price Keeps Rising

It seems that the recent price hike may give MtGox creditors a chance to recoup their losses. Mark Karpeles is hoping to distribute the remaining 202,185 Bitcoins assuming they reach 100% or more of their claim value. This is positive news, because if MtGox doesn’t become solvent it is required by Japan law to liquidate all its assets into Yen. MtGox filed for bankruptcy back in 2014 as a result of supposedly loosing 700,000 …
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4 Notorious Individuals who Influenced the Bitcoin Ecosystem

Throughout the past few years, there have been quite a few people who gained fame thanks to Bitcoin. In some cases, this did not cause major harm, other than a few hurt egos. Some others have even faced jail time for their actions related to Bitcoin. It is important to look back at some of the infamous names who are an integral part of the Bitcoin history book. #4 Craig …
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