With hindsight my happiest day in Bitcoin was 31st January 2014 when Mt Gox turned down my account application!
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With hindsight my happiest day in Bitcoin was 31st January 2014 when Mt Gox turned down my account application!

With hindsight my happiest day in Bitcoin was 31st January 2014 when Mt Gox turned down my account application!

With hindsight my happiest day in Bitcoin was 31st January 2014 when Mt Gox turned down my account application!

Newcomers post Mt Gox will not know the misery experienced by lots of early adopters in the Crypto space – in early 2014 Mt Gox which was one of the largest currency exchanges vanished with all their coins. Mt Gox ‘lost’ 640000 Bitcoins!
I tried to first get into Bitcoin in January 2014 and I attempted to open Mt Gox account. Mt Gox at the time appeared wholesome and an easy on-ramp into Bitcion.
Boy am I glad that they turned down my account application on the 31st of January literally a week before they went bang on the 7th February and took everyone’s bitcoins and keys. Link to collapse of Mt Gox
I would have lost all my bitcoin and also faith in the system.
On a positive note I had already opened an account elsewhere and just purchased my first few Satoshis (when a whole coin cost about $400).

https://preview.redd.it/3pbl5y3bmtl61.png?width=658&format=png&auto=webp&s=3c73fbb5620f9b80574798d5ed49d1804a9439ea

submitted by /u/halfwheeled
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