Breaking news, Mt. Gox is completely down!

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: keithers on February 10, 2014, 01:19:56 PM

So now instead of addressing internal problems, they are trying to site a bug within bitcoin itself. I guess its if they go down, they want to try and take the entire ship with it Sad

Gox always blamed a third party for their problems , even for their slow reactions or shitty press releases.
This time probably they couldn't figure any better excuse , or they did try to create this panic sell to make one last profit before going down.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

So now instead of addressing internal problems, they are trying to site a bug within bitcoin itself. I guess its if they go down, they want to try and take the entire ship with it Sad

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: guybrushthreepwood on February 10, 2014, 09:41:36 AM

Quote from: wordofmouth on February 10, 2014, 06:44:37 AM

Quote from: murmur on February 10, 2014, 06:28:50 AM

I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic

i think the opposite would bring more fud and thus far more panic, not adding the fact that disabling trading could be reproached to them more than letting it as is.

W0rd0fM0uth

I'm not so sure. Gox is just operating pretty poorly. It cannot be sustained as it's currently doing.

Gox has been slowly dying since April. And every little thign they have done since then it was just another nail in their coffin.
I'm afraid this was one last stunt they pulled to get some lawyer money.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: wordofmouth on February 10, 2014, 06:44:37 AM

Quote from: murmur on February 10, 2014, 06:28:50 AM

I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic

i think the opposite would bring more fud and thus far more panic, not adding the fact that disabling trading could be reproached to them more than letting it as is.

W0rd0fM0uth

I think they are mostly trying to turn this situation into their favor by manipulating the market.
After all , they were the cause for it , so they could benefit the most from this "known" crash.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: gollum on February 09, 2014, 12:58:11 AM

Quote from: bbit on February 09, 2014, 12:14:54 AM

Quote from: TheDailyBitcoin on February 09, 2014, 12:11:10 AM

Not sure if everyone is aware, but Mt. Gox is now completely down. I wonder if they've made it to the bahamas yet...

http://thedailycrypto.com/bitcoin/mt-gox-is-completely-down/

There was someone reporting this actually that Mark Karples was seen in the Bahamas Shocked

Yes here is the evidence Wink

Which is Mark and which is Karples?

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: wordofmouth on February 10, 2014, 06:44:37 AM

Quote from: murmur on February 10, 2014, 06:28:50 AM

I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic

i think the opposite would bring more fud and thus far more panic, not adding the fact that disabling trading could be reproached to them more than letting it as is.

W0rd0fM0uth

I'm not so sure. Gox is just operating pretty poorly. It cannot be sustained as it's currently doing.

igorr

sr. member

Activity: 406

Merit: 250

LOL, the price on BTC-e 102 usd

Check,

View Screen Captu

severance26

member

Activity: 70

Merit: 10

they arent down but once btcjpy got to around 55000, things got pretty quirky. i went into buy mode to no avail, none of my market or limit orders went through. they just fubared.

i left a market order up. it was to buy at 53377. it just went though twenty minutes later.... 59913. lulz.

wordofmouth

newbie

Activity: 31

Merit: 0

Quote from: murmur on February 10, 2014, 06:28:50 AM

I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic

i think the opposite would bring more fud and thus far more panic, not adding the fact that disabling trading could be reproached to them more than letting it as is.

W0rd0fM0uth

murmur

newbie

Activity: 38

Merit: 0

I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic

gollum

sr. member

Activity: 434

Merit: 250

In Hashrate We Trust!

Quote from: underhood on February 10, 2014, 06:14:23 AM

Gox blames it on general Bitcoin protocol security bug!
https://www.mtgox.com/press_release_20140210.html
https://bitcointalksearch.org/topic/mtgox-blames-bitcoin-protocol-problem-for-btc-withdrawal-issue-458076

The price went down immediately after this bad news! under 600$ at mtgox...

underhood

full member

Activity: 124

Merit: 101

Gox blames it on general Bitcoin protocol security bug!
https://www.mtgox.com/press_release_20140210.html
https://bitcointalksearch.org/topic/mtgox-blames-bitcoin-protocol-problem-for-btc-withdrawal-issue-458076

gollum

sr. member

Activity: 434

Merit: 250

In Hashrate We Trust!

LOL BTC@MtGox is 10% cheaper than BTC-E.

Hollywood should make a movie about MtGox in a couple of years.. something like this Wink

alfabitcoin

sr. member

Activity: 476

Merit: 250

Need www to work.

igorr

sr. member

Activity: 406

Merit: 250

Countdown is begun,

Tokio/Japan GMT, 23:45
Peking/China GMT, 22:45

superduh

hero member

Activity: 602

Merit: 500

everyone likes to blame gox

gox has many problems

keep in mind extra problems added by governments, banks, hackers, retards
combine them all together.... what else you expect?
gox is more or lessa legit, problems are a pain in the ass

too much fud lately, gox has many battles to overcome

DubFX

sr. member

Activity: 434

Merit: 250

Works fine for me too..

daynnite

newbie

Activity: 11

Merit: 0

work fine with WWW

7Priest7

sr. member

Activity: 392

Merit: 250

According to isitdownrightnow.com mtgox has been down for about a hour.

Could just be technical issues.
Anyhow FIAT exchanges are lame, nothing but day trader market manipulation.
All FIAT exchanges can leave.

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: TERA on February 09, 2014, 03:14:50 AM

Die gox die. Gox really needs to die. When gox is finally dead it will symbolize a new era when the market has moved away from centralized manipulated prices and into something more stable and usable from a merchant and user perpective, supported by actual supply, demand, and liquidity.

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: gollum on February 09, 2014, 12:58:11 AM

Quote from: bbit on February 09, 2014, 12:14:54 AM

Quote from: TheDailyBitcoin on February 09, 2014, 12:11:10 AM

Not sure if everyone is aware, but Mt. Gox is now completely down. I wonder if they've made it to the bahamas yet...

http://thedailycrypto.com/bitcoin/mt-gox-is-completely-down/

There was someone reporting this actually that Mark Karples was seen in the Bahamas Shocked

Yes here is the evidence Wink

At least label which one is Mark for the Newbies.

tarzen

newbie

Activity: 10

Merit: 0

Mt.Gox is online and operational.

I think there are some trolls taking advantage of the negative mood to try and generate panic selling. Not that it will work because Gox is no longer the only exchange and their volume is lower than most of the other exchanges by now - so in a way Gox matters if you have money there but if they vanish like a noodle, the price of BTC couldn't care...

Rumours of insolvency are also stupid - anyone who understands the exchange business model can tell you that - they make silly amounts of money by just existing - imagine with all the sell transactions happening in the past week - they can probably fund a small country with last week's profits alone!

The actual technical issues at Gox are described here by Bitcoin Dev, Greg Maxwell:

http://www.cryptocoinsnews.com/2014/02/08/mt-gox-transaction-woes/

So Gox is having real issues that can be seen in the blockchain and have been acknowledged by core developers. The present dilemma is a slow shutdown to sort out an accounting mess - that's what the article implies anyway. However, the fact that Gox has terrible customer service and does not communicate quickly and transparently is a big shame. Unacceptable, and I hope their customers give them a thorough spanking for being bad, bad, bad!

TERA

hero member

Activity: 728

Merit: 500

Die gox die. Gox really needs to die. When gox is finally dead it will symbolize a new era when the market has moved away from centralized manipulated prices and into something more stable and usable from a merchant and user perpective, supported by actual supply, demand, and liquidity.

Nathonas

sr. member

Activity: 280

Merit: 250

Knowledge is Power

Lol I love all the cynicism around Gox. Hopefully you guys will be proven wrong.

Yogafan00000

sr. member

Activity: 314

Merit: 251

probably just rebooted the web server Cool

coastermonger

sr. member

Activity: 367

Merit: 250

Find me at Bitrated

site loads and is still active at the moment. Check for yourself: https://www.mtgox.com/

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Monday will probably be a big day (for better or worse)...price could tank some more or it could possibly rebound if by some miracle, order can be restored at Gox. They are probably trying to seek some funding (behind closed doors) to give themselves some liquidity..

Perspicacity

newbie

Activity: 25

Merit: 0

Quote from: JohnyBigs on February 09, 2014, 12:50:50 AM

Quote from: Barek on February 09, 2014, 12:47:44 AM

Everyone panic, quick!

Or just check for yourself that this is simply false.

http://bitcoin.clarkmoody.com/

Or just go to http://mtgox.com/ and see the website not load.

Actually the https://www does load, and this is the current update...

Statement Regarding BTC Withdrawal Delays

Tokyo - JAPAN - February 07, 2014

Dear MtGox Customers,

In our efforts to resolve the issue being encountered by various bitcoin withdrawals, it was determined that the increase in the flow of withdrawal requests has hindered our efforts on a technical level. To understand the issue thoroughly, the system needs to be in a static state.

In order for our team to resolve the withdrawal issue it is necessary for a temporarily pause on all withdrawal requests to obtain a clear technical view of the current processes.

We apologize for the sudden short notice. All bitcoin withdrawal requests will be on pause, and the withdrawals in the system will be returned to your MtGox wallet and can be reinitiated once the issue is resolved. The trading platform will perform as usual for the needs of our customers.   

Our team will resolve this problem as soon as possible and will provide an update on Monday, February 10, 2014 (JST).  

We deeply apologize for the inconvenience caused, and thank you for your kind support and considerations.  

Sincerely,

The MtGox Team

Even if they do come back, I wonder how many account holders will just get their coins out and leave...

mtnminer

sr. member

Activity: 294

Merit: 250

Working for me, This is the first and last time I will be visiting the useless trade site from an U.S. perspective.

Mtnminer

MysteryMiner

legendary

Activity: 1512

Merit: 1049

Death to enemies!

Working for me too. Maybe a problem with cloudflare?

infoman

newbie

Activity: 42

Merit: 0

yep, still open in my browser, working fine

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: infoman on February 09, 2014, 12:55:54 AM

just logged in, no issues there

even sold 2 btc, not that I will ever get the money out

How did you log in? Through mtgox.com?

gollum

sr. member

Activity: 434

Merit: 250

In Hashrate We Trust!

Quote from: bbit on February 09, 2014, 12:14:54 AM

Quote from: TheDailyBitcoin on February 09, 2014, 12:11:10 AM

Not sure if everyone is aware, but Mt. Gox is now completely down. I wonder if they've made it to the bahamas yet...

http://thedailycrypto.com/bitcoin/mt-gox-is-completely-down/

There was someone reporting this actually that Mark Karples was seen in the Bahamas Shocked

Yes here is the evidence Wink

infoman

newbie

Activity: 42

Merit: 0

just logged in, no issues there

even sold 2 btc, not that I will ever get the money out

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: kwukduck on February 09, 2014, 12:50:22 AM

Seems god is faking ticker data, site has been down for a bit here, yet the ticker keeps going both ways

It might be bots buying and selling, either way the website is pretty much down. Doesn't mean API's won't work.

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: Barek on February 09, 2014, 12:47:44 AM

Everyone panic, quick!

Or just check for yourself that this is simply false.

http://bitcoin.clarkmoody.com/

Or just go to http://mtgox.com/ and see the website not load.

kwukduck

legendary

Activity: 1937

Merit: 1001

Seems god is faking ticker data, site has been down for a bit here, yet the ticker keeps going both ways

Barek

full member

Activity: 168

Merit: 100

Everyone panic, quick!

Or just check for yourself that this is simply false.

http://bitcoin.clarkmoody.com/

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Uh oh... More trouble Sad

busygin

newbie

Activity: 4

Merit: 0

Their API ticker is alive and shows price updates (I have a charting application using it that I’m running right now).

TheDailyBitcoin

newbie

Activity: 14

Merit: 0

Quote from: bbit on February 09, 2014, 12:14:54 AM

Quote from: TheDailyBitcoin on February 09, 2014, 12:11:10 AM

Not sure if everyone is aware, but Mt. Gox is now completely down. I wonder if they've made it to the bahamas yet...

http://thedailycrypto.com/bitcoin/mt-gox-is-completely-down/

There was someone reporting this actually that Mark Karples was seen in the Bahamas Shocked

I was kidding, but I guess I'm just a good guesser!

bbit

legendary

Activity: 1330

Merit: 1000

Bitcoin

Quote from: TheDailyBitcoin on February 09, 2014, 12:11:10 AM

Not sure if everyone is aware, but Mt. Gox is now completely down. I wonder if they've made it to the bahamas yet...

http://thedailycrypto.com/bitcoin/mt-gox-is-completely-down/

There was someone reporting this actually that Mark Karples was seen in the Bahamas Shocked

TheDailyBitcoin

newbie

Activity: 14

Merit: 0

Not sure if everyone is aware, but Mt. Gox is now completely down. I wonder if they've made it to the bahamas yet...

http://thedailycrypto.com/bitcoin/mt-gox-is-completely-down/

Topic: Breaking news, Mt. Gox is completely down! (Read 5146 times)