Good news:
- Information calm the nerves --> less fear, less volatility
- no massive dump
- no sign of Mt Gox will go bankrupt
- Mt. Gox found a solution to solve problems
- date for new informationen
- no crash, so there is still enough trust of the community/holders --> Bitcoin will be stronger after this crash
Regards
Topic: Mt. Gox's MONDAY ANNOUNCEMENT HERE - page 2. (Read 2734 times)
If I was testing a new withdrawl system I would put daily limits on it too.
Yes, but they promise monthly limits as well.
I was thinking the most bullish possible thing to happen would be if gox went to 0 and then stamp started rallying. At that point gox's influences would be completely gone and the rest of the market would prove itself as independent and strong.
good news for bitcoinbuilder.com
Large withdrawels will still nit be possible, so that website will still be usefull
When the risk is low, I will maybe consider buying some "goxed BTC"
Large withdrawels will still nit be possible, so that website will still be usefull
When the risk is low, I will maybe consider buying some "goxed BTC"
Let it die,it's a zombie exchange,doing more harm to Bitcoin each and every day it breathes
They're just stalling.
To me this seems just another delayed execution of the inevitable..
To me this seems just another delayed execution of the inevitable..
Good news but hard to believe
The news is mildly bullish for the other exchanges, with BTC withdrawals capped to an unknown limit,
there will be no crash on Bitstamp or BTC-E when people will cash out there.
In the meantime Gox may be arbitraging to make some $, because that's what they may be short of.
Not BTC, as the market seems to have believed, and irrationally panic sold.
there will be no crash on Bitstamp or BTC-E when people will cash out there.
In the meantime Gox may be arbitraging to make some $, because that's what they may be short of.
Not BTC, as the market seems to have believed, and irrationally panic sold.
Really? They come good on every announcement? Like litecoin which was being implemented last August July April? And why is it taking them so long to fix this code when every other exchange was able to do it within one day?
"Resuming Withdrawals
With this new system in place, MtGox should be able to resume withdrawals
soon. At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions.
In order to launch the new system, we are going through the following steps:
Re-indexing the entire Blockchain (approx. 32 million entries)
Fully deploying the new NTX ID
Implementing a new bitcoin withdrawal queue that needs to be tested
We will update everyone again by Thursday at the latest."
I guess that takes a bit of time to implement and test. And I was referring to the announcements they've made since the BTC withdrawal issue.
Really? They come good on every announcement? Like litecoin which was being implemented last August July April? And why is it taking them so long to fix this code when every other exchange was able to do it within one day?
If I was testing a new withdrawl system I would put daily limits on it too. There is nothing suspicious about that. The problem is the market may not see it that way and indeed it hasn't. GoxCoin has jumped in value but it's nowhere near what Bitcoin is worth.
MtGox stated that no Bitcoins were stolen during the latest hack. Is that still true after further investigations? Also, when will cash withdrawls be sped up?
MtGox stated that no Bitcoins were stolen during the latest hack. Is that still true after further investigations? Also, when will cash withdrawls be sped up?
It's bad news actually. no action. "wait another 3 days till we give you an update about our plans which should occur 'soon'". More Waiting. The same old bs. The same thing that caused a crash over the weekend. Nothing new.
No news except when/if they do open withdrawals you can forget about the previous 100 BTC/day limit.
It's bad news actually. no action. "wait another 3 days till we give you an update about our plans which should occur 'soon'". More Waiting. The same old bs. The same thing that caused a crash over the weekend. Nothing new.
Sounds to me like they have come up good with every promised announcement so far and they are actually trying to fix a bug in their code. Great opportunity to buy cheap coins!
It's bad news actually. no action. "wait another 3 days till we give you an update about our plans which should occur 'soon'". More Waiting. The same old bs. The same thing that caused a crash over the weekend. Nothing new.
Monthly limits until they can buy back all the lost/spent/hacked coins 
Wonder if it will be like 1BTC/month.
Wonder if it will be like 1BTC/month.
Good news finnaly? 
Quote
At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions.
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions.
Ha. Ha.
I see exactly what you mean. Thank you so much.
Quote
At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions.
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions.
Ha. Ha.
It is amazing what complete nonsense people say in this forum without actually reading the announcements
Mt. GOX's MONDAY ANNOUNCEMENT IS HERE:
https://www.mtgox.com/img/pdf/20140217-Announcement.pdf
Their News Feed is here: https://www.mtgox.com/news
"Resuming Withdrawals
With this new system in place, MtGox should be able to resume withdrawals
soon. At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions.
In order to launch the new system, we are going through the following steps:
Re-indexing the entire Blockchain (approx. 32 million entries)
Fully deploying the new NTX ID
Implementing a new bitcoin withdrawal queue that needs to be tested
We will update everyone again by Thursday at the latest"
Mt. GOX's MONDAY ANNOUNCEMENT IS HERE:
https://www.mtgox.com/img/pdf/20140217-Announcement.pdf
Their News Feed is here: https://www.mtgox.com/news
"Resuming Withdrawals
With this new system in place, MtGox should be able to resume withdrawals
soon. At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions.
In order to launch the new system, we are going through the following steps:
Re-indexing the entire Blockchain (approx. 32 million entries)
Fully deploying the new NTX ID
Implementing a new bitcoin withdrawal queue that needs to be tested
We will update everyone again by Thursday at the latest"
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