Topic: Is MtGox open yet? (Read 1143 times)
I would expect withdrawals to occur just about as fast as everyone can login. MtGox has lost alot of credibility, especially with all the failed attempts are re-opening.
If I were Mark, I wouldn't allow people to withdraw money for a while. I would invoke security etc.
On an emotion-driven market like this, a bank run is the last thing we need...
If he only allows bitcoins to be withdrawn, it would make scared users to buy coins and run with them in order to minimize their losses.
Bitcoin would go up
and MtGox's losses would go down...
Obviously, Bitcoin is not for the faint at heart
On an emotion-driven market like this, a bank run is the last thing we need...
If he only allows bitcoins to be withdrawn, it would make scared users to buy coins and run with them in order to minimize their losses.
Bitcoin would go up
and MtGox's losses would go down...Obviously, Bitcoin is not for the faint at heart
From the site,
The question is not when trading will resume. It's when withdrawals will resume.
Quote
[Update June 24 - 02:56 GMT] Pushing until 15:00 GMT.
...
We look forward to getting everyone trading within an hour of getting users logged in and accessing their accounts.
...
We look forward to getting everyone trading within an hour of getting users logged in and accessing their accounts.
The question is not when trading will resume. It's when withdrawals will resume.
looks like it has been delayed again 
again !?
oh gosh, this is quite a nightmare
thanks for replying!
thanks for replying!
From the site,
[Update June 24 - 02:56 GMT] Pushing until 15:00 GMT.
We have found that balances on some older accounts look significantly incorrect when compared with the old database. At this time we do not know what caused the balances to be off, or how many of the older accounts are affected. We haven't touched the old backend or database, so we're going to import the accounts again once we have found what caused the off-balances.
No money is lost, we still have the records of all transactions that happened prior to the bitcoin sell-off. All funds deposited are still in our bank accounts, and we're going to try and get this resolved by 15:00 GMT.
We look forward to getting everyone trading within an hour of getting users logged in and accessing their accounts.
Quote
[Update June 24 - 02:56 GMT] Pushing until 15:00 GMT.
We have found that balances on some older accounts look significantly incorrect when compared with the old database. At this time we do not know what caused the balances to be off, or how many of the older accounts are affected. We haven't touched the old backend or database, so we're going to import the accounts again once we have found what caused the off-balances.
No money is lost, we still have the records of all transactions that happened prior to the bitcoin sell-off. All funds deposited are still in our bank accounts, and we're going to try and get this resolved by 15:00 GMT.
We look forward to getting everyone trading within an hour of getting users logged in and accessing their accounts.
it's almost 10 minutes past 3:00GMT and mtgox.com still links to the support site
is there another direction that we should be checking in to?
is there another direction that we should be checking in to?
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