Pages:
Author

Topic: If you have USD in Gox, you're lucky - page 3. (Read 5251 times)

hero member
Activity: 728
Merit: 500
February 15, 2014, 04:33:41 AM
#25
Ill have to admit the one good about gox is its still a brick and mortar business with real people and mark comes to work every day in the morning apparently. unlike btce and bitfinex which are run off of the moon.
sr. member
Activity: 476
Merit: 250
February 15, 2014, 04:19:06 AM
#24
Monday update again, look familiar?
legendary
Activity: 2170
Merit: 1094
February 15, 2014, 04:15:47 AM
#23
"
Dear Mt. Gox Customers,
"
"
In order to implement our solution to the “transaction malleability” issue being
faced by bitcoin exchanges and businesses, we are going to have a 6-hour
downtime on all bitcoin deposits and internal bitcoin transfers in addition to the
current pause on bitcoin withdrawals. Trading will otherwise still be open as
usual.
"
"
Maintenance Schedule (approximate):
"
"
6pm ~ 12am JST (February 15
th
)
"
"
The above downtime period is approximate: it may be shortened or lengthened
as required. Once the implementation is complete customers will again be able
to deposit bitcoin, but we will be doing extensive testing before bitcoin
withdrawals are reactivated. We will publish an update on the situation on
Monday .
"
"
BlockChain.info have implemented changes to address the malleability issue.
Our solution should work in the short term, while a longer-term solution is being
discussed with the Bitcoin Core Dev team and the Bitcoin Foundation. We are
also discussing this with other exchanges and businesses.
"
"
Thank you for your support during the maintenance, and we will update you on
the progress shortly.
"
"
Best regards,
"
"
MtGox Team
sr. member
Activity: 339
Merit: 250
February 15, 2014, 01:39:26 AM
#22
Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

finally someone who talks sense.. They will have the withdrawals fixed within a week or two i reckon. Then the BTC price will rocket again.
legendary
Activity: 1022
Merit: 1001
February 14, 2014, 11:51:47 PM
#21

Now Karpeles is saying that you can't get BTC out, but you can get Fiat.

This is nothing but BS delay tactics.

I traded BTC for fiat which Im still waiting on 8 weeks later, and now their asking me to cancel my trade and convert back to BTC.

Karpels is nothing but a lying little worm.
hero member
Activity: 840
Merit: 1000
February 14, 2014, 02:50:08 PM
#20
Can't you just deposit TO MTGOX?

I think Mark Karpeles has arranged for that part of the business to run quite smoothly.

Tee Hee.

Good old Mark. At least it get's it right some of the time.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
February 14, 2014, 02:49:25 PM
#19
Can't you just deposit TO MTGOX?

I think Mark Karpeles has arranged for that part of the business to run quite smoothly.
member
Activity: 84
Merit: 10
February 14, 2014, 02:48:00 PM
#18
Can't you just deposit TO MTGOX?
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
February 14, 2014, 02:45:19 PM
#17
Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

I think if they were arbitraging the exchange rates would be closer together.

They may not be doing it yet. It was just last night that Gox hit $302 before a huge buy-in wave spiked it back up to $400.

GoxBTC were for a long time worth way above the market rate cos the only way to get funds out of Gox, was via Bitcoin, thus the price was bid up. Now Karpeles is saying that you can't get BTC out, but you can get Fiat. Now the only way to get funds out of an exchange which seems to be crashing and burning is to sell Bitcoin and convert to fiat. Thus the price is being driven down. One may go further and say that the price is being driven down by Karpeles's withdrawal policy.

Ahem  Roll Eyes

I don't have first-hand experience but after all these months have fiat withdrawals really resumed?

By far the best thing to do is to buy cheap Bitcoins on Gox and wait. Then there are two possible outcomes:

1. When Bitcoin withdrawals are open again, take them out.

2. When Gox goes bust, join all the other poor buggers claiming your property back. The fact that it is Bitcoin or dollars missing won't make much difference to the process IMO. The only difference is that you will be able to sue for more if you have Bitcoin as Bitcoin will go up in value compared to dollars. (Not saying you are guaranteed to get anything back at all in this scenario of course).
sr. member
Activity: 365
Merit: 250
February 14, 2014, 02:00:16 PM
#16
I have money on Gox, I bought a lot of coins near 340.

Im trading btc since 2011, all my money is pure profit, I can afford to risk something to be exposed to one of the best buying opportunities in years.

Besides that, if you have a stop loss to protect your position you can always sell and withdraw cash, the transfer takes a while but it works.

Also, all this conspiracy bullshit is really the dumbest thing on earth, MtGox receives 0.5% of each trade 24/7, only today they received 120.000 USD on fees, only through the USD market.

They are alive and well, what you see is just bad managment and a huge growth rate for the company.

Can somebody say something about TradeHill, Bitcoinica, BitMarket, BitFloor, 50BTC and other exchanges that failed? MtGox was there and will be in the future...
  

Last time there where like 70000 btc stuck in withdrawals. Lets say there are double of that at gox (i think even way more) and they indeed lost those btc it would require around 100mil USD for them to buy those back at current stamp rate. They do have alot of fees now, but at normal days they dont.

Okay, and where is the information that they lost any coin?
full member
Activity: 224
Merit: 100
February 14, 2014, 01:54:21 PM
#15
I have money on Gox, I bought a lot of coins near 340.

Im trading btc since 2011, all my money is pure profit, I can afford to risk something to be exposed to one of the best buying opportunities in years.

Besides that, if you have a stop loss to protect your position you can always sell and withdraw cash, the transfer takes a while but it works.

Also, all this conspiracy bullshit is really the dumbest thing on earth, MtGox receives 0.5% of each trade 24/7, only today they received 120.000 USD on fees, only through the USD market.

They are alive and well, what you see is just bad managment and a huge growth rate for the company.

Can somebody say something about TradeHill, Bitcoinica, BitMarket, BitFloor, 50BTC and other exchanges that failed? MtGox was there and will be in the future...
  

Last time there where like 70000 btc stuck in withdrawals. Lets say there are double of that at gox (i think even way more) and they indeed lost those btc it would require around 100mil USD for them to buy those back at current stamp rate. They do have alot of fees now, but at normal days they dont.
sr. member
Activity: 365
Merit: 250
February 14, 2014, 01:45:57 PM
#14
I have money on Gox, I bought a lot of coins near 340.

Im trading btc since 2011, all my money is pure profit, I can afford to risk something to be exposed to one of the best buying opportunities in years.

Besides that, if you have a stop loss to protect your position you can always sell and withdraw cash, the transfer takes a while but it works.

Also, all this conspiracy bullshit is really the dumbest thing on earth, MtGox receives 0.5% of each trade 24/7, only today they received 120.000 USD on fees, only through the USD market.

They are alive and well, what you see is just bad managment and a huge growth rate for the company.

Can somebody say something about TradeHill, Bitcoinica, BitMarket, BitFloor, 50BTC and other exchanges that failed? MtGox was there and will be in the future...
  
hero member
Activity: 840
Merit: 1000
February 14, 2014, 01:37:16 PM
#13
The level of retardness and delusion is damn high at the moment. I have already seen posts from 4 different people who are sending money to Gox right now,
or would consider em damn lucky if they had their stash on there. I really don´t know what to think of that?
Are you guys serious?

Holy shit! LOL!  Cheesy


KARHU WILL BE PLEASED!


legendary
Activity: 1120
Merit: 1012
February 14, 2014, 01:35:28 PM
#12
Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

Link to video please!

https://www.youtube.com/watch?v=ob9Ak1t09Ao
hero member
Activity: 504
Merit: 500
Moderator
February 14, 2014, 01:34:27 PM
#11
The level of retardness and delusion is damn high at the moment. I have already seen posts from 4 different people who are sending money to Gox right now,
or would consider em damn lucky if they had their stash on there. I really don´t know what to think of that?
Are you guys serious?
legendary
Activity: 896
Merit: 1001
February 14, 2014, 01:32:16 PM
#10
Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

Link to video please!
hero member
Activity: 840
Merit: 1000
February 14, 2014, 01:32:11 PM
#9
whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.

Ah shut the fuck up....u seen fuck all coming, never have and never will.

you will keep opening your mouth and letting a big load of bull-tard diarrhea spill out though.......and sometimes, it might just happen to make a pretty pattern on your shirt giving you the chance to say you 'knew it all along'.
full member
Activity: 224
Merit: 100
February 14, 2014, 01:31:41 PM
#8
whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.

Whoever has coins or cash in gox should hate themselves..
And what do you think of the ppl who sold at 100 at btc-e after the price rushed back to 600?
hero member
Activity: 602
Merit: 500
February 14, 2014, 01:30:41 PM
#7
whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.
full member
Activity: 224
Merit: 100
February 14, 2014, 01:30:02 PM
#6
Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?

I think if they were arbitraging the exchange rates would be closer together.

They may not be doing it yet. It was just last night that Gox hit $302 before a huge buy-in wave spiked it back up to $400.

Thats a way to make up for the stolen coins Cheesy
Pages:
Jump to: