Documents sent last friday afternoon (2013-04-26 ~14:00 UTC): position in the queue= 16720
This morning (2013-04-29 08:00 UTC) : 13760
This morning (2013-04-29 08:00 UTC) : 13760
Thanks, info added
Topic: Mt. Gox approval queue - (updated with current numbers) (Read 29310 times)
Thanks, info added
Just keep opening accounts under false names and sending in bogus docs. 
That's what I've been doing. So far I've sent in 14,200 applications...
Does nobody have an update on their queue position?
Just keep opening accounts under false names and sending in bogus docs.
Thanks to Seleme for the latest update
Does nobody have an update on their queue position?
Unfortunately no.
I'm having a hard time getting people to give me an update on their queue positions.
I'm having a hard time getting people to give me an update on their queue positions.
any new updates?
Updated
learn to read and READ the whole string. I am not saying anything of the sort. I answered a question from someone who claims they COULD NOT do something which they CAN DO. Then someone said it would be ILLEGAL. IT IS NOT as they do not have ANYONE governing what they do in regards to seg.
Get it? Read the first time and stop projecting. You are a fool.
Get it? Read the first time and stop projecting. You are a fool.
Ok, so you're a bit volatile so I'll be brief.
There was no question about whether Mt.Gox can do this or not.
I said it would be illegal for them to do this as they're taking other people's funds to pay other parties. They're still liable for the Bitcoins even if the whole thing tanks. This activity would be no different if Mt. Gox took the Bitcoin themselves and spent it on fast cars or loose women.
Just because an activity has no oversight doesn't make it legal.
I can only assume your first language isn't English as your posts are really difficult to follow... or maybe it's just me and my comprehension skills aren't what they used to be.
Regardless, you need to make your point with a little less anger. I'm sorry for whatever is going on in your life right now that's making you this unhappy but really, taking it out on strangers on a forum isn't going to help at all.
Good luck.
learn to read and READ the whole string. I am not saying anything of the sort. I answered a question from someone who claims they COULD NOT do something which they CAN DO. Then someone said it would be ILLEGAL. IT IS NOT as they do not have ANYONE governing what they do in regards to seg.
Get it? Read the first time and stop projecting. You are a fool.
Get it? Read the first time and stop projecting. You are a fool.
Ok, so you're a bit volatile so I'll be brief.
There was no question about whether Mt.Gox can do this or not.
I said it would be illegal for them to do this as they're taking other people's funds to pay other parties. They're still liable for the Bitcoins even if the whole thing tanks. This activity would be no different if Mt. Gox took the Bitcoin themselves and spent it on fast cars or loose women.
Just because an activity has no oversight doesn't make it legal.
I can only assume your first language isn't English as your posts are really difficult to follow... or maybe it's just me and my comprehension skills aren't what they used to be.
Regardless, you need to make your point with a little less anger. I'm sorry for whatever is going on in your life right now that's making you this unhappy but really, taking it out on strangers on a forum isn't going to help at all.
Good luck.
Yes, they claim to restrict deposits and withdraws because they are following money laundering laws. SEND ME THE URL WHERE THEY CITE WHO IS OVERSEEING THAT THEY SEGREGATE FUNDS?
Try learning to read, you are starting to piss me off.
Try learning to read, you are starting to piss me off.
Seems like you have anger issues.
You're asking someone to prove a negative. It's not possible.
This isn't evidence they're doing anything wrong.
I'm not saying they're not doing anything wrong. You're making the claim - you need to back that up.
Get it? Read the first time and stop projecting. You are a fool.
Yes, they claim to restrict deposits and withdraws because they are following money laundering laws. SEND ME THE URL WHERE THEY CITE WHO IS OVERSEEING THAT THEY SEGREGATE FUNDS?
Try learning to read, you are starting to piss me off.
Try learning to read, you are starting to piss me off.
Seems like you have anger issues.
You're asking someone to prove a negative. It's not possible.
This isn't evidence they're doing anything wrong.
I'm not saying they're not doing anything wrong. You're making the claim - you need to back that up.
That can't be legal.
Really? how naive are you? Mt Gox is following the money laundering laws but name the organization that is regulating how they conduct business? You are complete fools if you leave deposits there. The winklevoss' did not not (and they are spoiled idiots) and yet you do?You're saying Mt. Gox does this.
Try learning to read, you are starting to piss me off.
Any updates on the queue numbers?
Unfortunately I've heard no more from the users that are in the queue.
If anyone else has any information I'd love to hear from them.
That can't be legal.
Really? how naive are you? Mt Gox is following the money laundering laws but name the organization that is regulating how they conduct business? You are complete fools if you leave deposits there. The winklevoss' did not not (and they are spoiled idiots) and yet you do?You're saying Mt. Gox does this.
What is a bold claim? That the winkelvoss' did not leave money on the exchange? Read their quote yourself hero.
It's a bold claim you're making of Mt. Gox. And what's with the name calling or are you just being over familiar?
Any updates on the queue numbers?
What is a bold claim? That the winkelvoss' did not leave money on the exchange? Read their quote yourself hero.
It's a bold claim you're making of Mt. Gox. And what's with the name calling or are you just being over familiar?
Well I'm glad to see at least some people have the sense to follow what has been going on here. Yeah, MtGox didn't "stop trade" back when BTC went up 150% in two days. They did however as the price was falling and they needed a little time to beg, borrow and steal enough to be able to settle their gaping short position. Hurr durr.
Yes, it's circumstantial evidence, and yes they are idiots. Nevertheless, never attribute to plain stupidity that which also could be explained by malice. You'll live longer that way.
PS: She.
Yes, it's circumstantial evidence, and yes they are idiots. Nevertheless, never attribute to plain stupidity that which also could be explained by malice. You'll live longer that way.
PS: She.
I'm absent from these forums for months at a time, sometimes even years so I don't really know who you are so apologies if I've mischaracterised you but you seem awfully angry at something (you've got 3000 posts to your name so you might have a lot to be angry about - I really don't know).
I agree with you that it's circumstantial and I'll agree that you'll protect yourself by being cynical.
May I ask, are you pro or anti-bitcoin?
Edited: Removed last question because it was THIS thread
YOU CANNOT. Unless, you use the numbers from the "deposits" (which ARE NOT yours to use) When someone deposits, the money goes into the exchange (it should be segregated but in the failures of exchanges it does not seem to have been (even corzine was not doing seg properly). If you were doing this, you are basically "borrowing" others money and using it to short to make the commission to keep the flow going).
That can't be legal.
Anyone can make a bold claim.
Can you back it up with evidence?
YOU CANNOT. Unless, you use the numbers from the "deposits" (which ARE NOT yours to use) When someone deposits, the money goes into the exchange (it should be segregated but in the failures of exchanges it does not seem to have been (even corzine was not doing seg properly). If you were doing this, you are basically "borrowing" others money and using it to short to make the commission to keep the flow going).
That can't be legal.
Anyone can make a bold claim.
Can you back it up with evidence?
Well I'm glad to see at least some people have the sense to follow what has been going on here. Yeah, MtGox didn't "stop trade" back when BTC went up 150% in two days. They did however as the price was falling and they needed a little time to beg, borrow and steal enough to be able to settle their gaping short position. Hurr durr.
Yes, it's circumstantial evidence, and yes they are idiots. Nevertheless, never attribute to plain stupidity that which also could be explained by malice. You'll live longer that way.
PS: She.
Yes, it's circumstantial evidence, and yes they are idiots. Nevertheless, never attribute to plain stupidity that which also could be explained by malice. You'll live longer that way.
PS: She.
"The only Bitcoin service that has never been hacked"... zing. Lol.
Well I'm glad to see at least some people have the sense to follow what has been going on here. Yeah, MtGox didn't "stop trade" back when BTC went up 150% in two days. They did however as the price was falling and they needed a little time to beg, borrow and steal enough to be able to settle their gaping short position. Hurr durr.
Yes, it's circumstantial evidence, and yes they are idiots. Nevertheless, never attribute to plain stupidity that which also could be explained by malice. You'll live longer that way.
PS: She.
Yes, it's circumstantial evidence, and yes they are idiots. Nevertheless, never attribute to plain stupidity that which also could be explained by malice. You'll live longer that way.
PS: She.
YOU CANNOT. Unless, you use the numbers from the "deposits" (which ARE NOT yours to use) When someone deposits, the money goes into the exchange (it should be segregated but in the failures of exchanges it does not seem to have been (even corzine was not doing seg properly). If you were doing this, you are basically "borrowing" others money and using it to short to make the commission to keep the flow going).
That can't be legal.
YOU CANNOT. Unless, you use the numbers from the "deposits" (which ARE NOT yours to use) When someone deposits, the money goes into the exchange (it should be segregated but in the failures of exchanges it does not seem to have been (even corzine was not doing seg properly). If you were doing this, you are basically "borrowing" others money and using it to short to make the commission to keep the flow going).
That can't be legal.
...some exchange wanted to keep flow going and kept issuing BTC to people like the Winklevoss' that were withdrawing and the market kept going up at an incredible pace (and now the exchange is short BTC)...
I don't understand. How can you issue BTC you don't have?
...some exchange wanted to keep flow going and kept issuing BTC to people like the Winklevoss' that were withdrawing and the market kept going up at an incredible pace (and now the exchange is short BTC)...
I don't understand. How can you issue BTC you don't have?
@Inedible: this thread is a very good idea.
If you could post every time there is an update so everybody is notified it would be nice.
If you could post every time there is an update so everybody is notified it would be nice.
That was my intention but I've just remembered editing a post (the top post) doesn't actually mark the thread 'unread' for everyone.
I'll new-post into the thread with each update.
Unfortunately I've not heard back from anyone yet.
I was hoping to do a daily update to see how many accounts are made daily.
I invite you to back up your claims against Mt. Gox. Certainly what you say is possible, but anything's possible.
So far Tux does the lie-and-run thing, so you're setting an impossible goalpost. With a (provenly) dishonest operator, the only thing left is circumstantial evidence, unless someone hacks it again.
What's the criteria for your link to be 'golden'ed?
Pissing off a coupla dozen idiots.
You CANNOT sell bitcoin you do not have (because you have to settle with the unique number that is confirmed in the block chain IF people use FIAT to buy BTC and they remove the BTC from their trading account). This is a fact.
So, if tons of new people came to buy BTC and wanted to store it in their own ways (say kind of like the Winklevoss' already said that they did), and some exchange wanted to keep flow going and kept issuing BTC to people like the Winklevoss' that were withdrawing and the market kept going up at an incredible pace (and now the exchange is short BTC), WHAT IS THE BEST THING THAT COULD EVER HAPPEN TO AN EXCHANGE THAT IS SHORT A LIMITED FLOAT SECURITY THAT CANNOT BE SUBSTITUTED?
@Inedible: this thread is a very good idea.
If you could post every time there is an update so everybody is notified it would be nice.
If you could post every time there is an update so everybody is notified it would be nice.
Can one of you guys give us an update on where you are in the queue?
I guess this means it's likely that the price is going to continue to rise although some will be:
1) signing up and abandoning the account
2) opening an account to sell their bitcoins
3) waiting for the price to drop before buying
so don't expect every new account to be buying.
DDos'ing the account verification by adding super long lines? 1) signing up and abandoning the account
2) opening an account to sell their bitcoins
3) waiting for the price to drop before buying
so don't expect every new account to be buying.
Anyone have an update on the current validation count?
I invite you to back up your claims against Mt. Gox. Certainly what you say is possible, but anything's possible.
So far Tux does the lie-and-run thing, so you're setting an impossible goalpost. With a (provenly) dishonest operator, the only thing left is circumstantial evidence, unless someone hacks it again.
What's the criteria for your link to be 'golden'ed?
Pissing off a coupla dozen idiots.
MPOE-PR appears to be doing something known as "unfounded accusations and trolling". I advise you disregard them, their Ignore button is gold for a reason.
I'd never noticed some people have gold Ignore buttons.
What's the criteria for your link to be 'golden'ed?
Here's theymos' post when he actually implemented it, that has some more detail on how it's exactly implemented. https://bitcointalksearch.org/topic/m.796962
Edit: And for completion, one more quirk of the ignore system: every 500 posts you have makes one of your ignores not count. So someone with 1000 posts who's had 8 established members ignore them would only have an ignore count of 6. Source: https://bitcointalksearch.org/topic/m.1584088
MPOE-PR appears to be doing something known as "unfounded accusations and trolling". I advise you disregard them, their Ignore button is gold for a reason.
I'd never noticed some people have gold Ignore buttons.
What's the criteria for your link to be 'golden'ed?
MPOE-PR appears to be doing something known as "unfounded accusations and trolling". I advise you disregard them, their Ignore button is gold for a reason.
People have a year+ history of claiming this about what I say, only to be humiliated a few months later. But it's okay, because by then their mistaken assumptions and hardheadedness has already cost them all their BTC, and so they can disappear into the void, leaving room for a new generation of idiots to repeat the same mistakes.
Read my old posts, it will make you much smarter.
Sorry, don't have the time, been around for a bit longer than you have anyway, and never been scammed, nor have I messed up. I'm guessing you were calling out pirate@40 as a scammer, but that's not exactly notable. Who wasn't, aside from the delusional investors?
I invite you to back up your claims against Mt. Gox. Certainly what you say is possible, but anything's possible.
I wasn't around during the Bitcoinica fiasco so don't really know the details of how they operated their liquidity. I only know that they were hacked and lost a great deal of Bitcoin.
Not quite accurate. Among the other fraudulent/scammy things Bitcoinica was doing and for which they were famous, consider this email:
MPOE-PR appears to be doing something known as "unfounded accusations and trolling". I advise you disregard them, their Ignore button is gold for a reason.
People have a year+ history of claiming this about what I say, only to be humiliated a few months later. But it's okay, because by then their mistaken assumptions and hardheadedness has already cost them all their BTC, and so they can disappear into the void, leaving room for a new generation of idiots to repeat the same mistakes.
Read my old posts, it will make you much smarter.
I wasn't around during the Bitcoinica fiasco so don't really know the details of how they operated their liquidity. I only know that they were hacked and lost a great deal of Bitcoin.
Just curious as to why liquidity needs to come from Mt.Gox and not from the market?
Isn't it the act of buying/selling from users the source of liquidity?
Mt.Gox isn't a market maker is it?
Just curious as to why liquidity needs to come from Mt.Gox and not from the market?
Isn't it the act of buying/selling from users the source of liquidity?
Mt.Gox isn't a market maker is it?
It does come from the market, but there is often quite some time between depositing and withdrawing. It would be unsafe if Mtgox kept all that money (both fiat and BTC) within reaching distance. In case of a hack, it is important that only a fraction of their money is 'hot', while the main volume is in cold storage, preferably entirely offline.
There is a security/user experience balance in deciding how much they want to keep in hot storage to account for daily withdrawals.
Sounds like MtGox was in fact running fractional reserve, their safety margins are running out and so they're using this new technique to limit outflows.
Pretty bad in a Stock Generation sort of way.
They don't have the Bitcoin or the fiat?
MPOE-PR appears to be doing something known as "unfounded accusations and trolling". I advise you disregard them, their Ignore button is gold for a reason.
I wasn't around during the Bitcoinica fiasco so don't really know the details of how they operated their liquidity. I only know that they were hacked and lost a great deal of Bitcoin.
Just curious as to why liquidity needs to come from Mt.Gox and not from the market?
Isn't it the act of buying/selling from users the source of liquidity?
Mt.Gox isn't a market maker is it?
Just curious as to why liquidity needs to come from Mt.Gox and not from the market?
Isn't it the act of buying/selling from users the source of liquidity?
Mt.Gox isn't a market maker is it?
They don't have the Bitcoin or the fiat?
I don't think that distinction is necessarily useful. On uptrends they probably don't have the bitcoin, on downtrends the fiat. For safety probably a mix of both. Bitcoinica did the exact same thing after all.
Sounds like MtGox was in fact running fractional reserve, their safety margins are running out and so they're using this new technique to limit outflows.
Pretty bad in a Stock Generation sort of way.
They don't have the Bitcoin or the fiat?
My account randomly got flagged just a few days ago for no apparent reason, so now I've got to wait to be verified before I can withdraw any bitcoins or do anything except trade. Fun. Anyway, when I first got into the queue my number was precisely 14500, as I recall, though I don't have a screenshot.
Sounds like MtGox was in fact running fractional reserve, their safety margins are running out and so they're using this new technique to limit outflows.
Pretty bad in a Stock Generation sort of way.
Can one of you guys shed some light on what's required for a validation?
I'm just curious what takes so long if they have a team of people working on this. Again I seem to remember reading something like a team of 20ish people validating accounts.
I'm just curious what takes so long if they have a team of people working on this. Again I seem to remember reading something like a team of 20ish people validating accounts.
https://support.mtgox.com/entries/20919111-aml-account-statuses
Requirements:
A valid copy of a government issued photo ID and proof of residence (less than 3 months old) - E.g. A utility or phone bill.
It's probably faster just to mail your scans in, get there in 3days or so. I paid these guys http://www.idocscanada.ca/ to apostille my passport and utility shit for $100, plus priority mail fee $40 and now have 'trusted' limits.
You could also just wait for CoinLab to start up whenever that happens. May be faster
Can one of you guys shed some light on what's required for a validation?
I'm just curious what takes so long if they have a team of people working on this. Again I seem to remember reading something like a team of 20ish people validating accounts.
I'm just curious what takes so long if they have a team of people working on this. Again I seem to remember reading something like a team of 20ish people validating accounts.
Was 14100 this morning, 13460 this evening.
I guess this means it's likely that the price is going to continue to rise although some will be:
1) signing up and abandoning the account
2) opening an account to sell their bitcoins
3) waiting for the price to drop before buying
so don't expect every new account to be buying.
1) signing up and abandoning the account
2) opening an account to sell their bitcoins
3) waiting for the price to drop before buying
so don't expect every new account to be buying.
My account randomly got flagged just a few days ago for no apparent reason, so now I've got to wait to be verified before I can withdraw any bitcoins or do anything except trade. Fun. Anyway, when I first got into the queue my number was precisely 14500, as I recall, though I don't have a screenshot.
This is getting insane.
Gox cant keep up with the inflow of new accounts.
Mark, time to hire more employees!
Gox cant keep up with the inflow of new accounts.
Mark, time to hire more employees!
Holy hell! Have fun Mt Gox xD
Can't you still deposit and trade with an unverified account on gox?
I just helped someone setup their account about 12 hours ago and I think it said they were 15,000+ on the queue. Right now they're at 14840:
I submitted for verification approx an hour ago and I was number 15k-something, so there still seems to be an influx of new users...
I just helped someone setup their account about 12 hours ago and I think it said they were 15,000+ on the queue. Right now they're at 14840:
http://i.imgur.com/UeaqkgG.png
http://i.imgur.com/UeaqkgG.png
Is this your queue number? 
You've got to wait for 10K validations infront of you before you can use your account?
You've got to wait for 10K validations infront of you before you can use your account?
Yes
A few days ago I submitted my documents and I was #13000. Now I am about #10000.
geezuz, holy muther of ____
Is this your queue number?
You've got to wait for 10K validations infront of you before you can use your account?
You've got to wait for 10K validations infront of you before you can use your account?
A few days ago I submitted my documents and I was #13000. Now I am about #10000.
Updated 2013-04-29
Edit: Please also provide the time in UTC if you're updating us - thanks.
Edit2: Usernames added as additional information.
I've read in a few places that the approval queue for Mt. Gox is in the thousands.
Does anyone have a source for this information or is it just unfounded speculation?
I should mention that the latest value only represents the MINIMUM number of applications awaiting approval. It doesn't give the current MAXIMUM.
Edit: Please also provide the time in UTC if you're updating us - thanks.
Edit2: Usernames added as additional information.
I've read in a few places that the approval queue for Mt. Gox is in the thousands.
Does anyone have a source for this information or is it just unfounded speculation?
- 2013-04-29 08:00 13,760 ghdp
- 2013-04-28 21:17 14,420 seleme
- 2013-04-26 14:00 16,720 ghdp
- 2013-04-20 13:53 13,940
- 2013-04-13 25,300
- 2013-04-08 14,500
I should mention that the latest value only represents the MINIMUM number of applications awaiting approval. It doesn't give the current MAXIMUM.
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