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Topic: MTGOX was down on Jun 23. Now its back up and running. - page 5. (Read 12149 times)

sr. member
Activity: 379
Merit: 250
Does anybody remember what was the date last year?
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
Since I'm buying some coins on Monday, hopefully this will (temporarily) reduce the price Wink

Seriously though, I wonder what effect Mt Gox suddenly folding would have?

ha! yeah I hope it reduces the price too!

If mt.gox folds people will just use the next best exchange. I don't think it will have anything but a temporary effect on the economy
legendary
Activity: 1792
Merit: 1000
Since I'm buying some coins on Monday, hopefully this will (temporarily) reduce the price Wink

Seriously though, I wonder what effect Mt Gox suddenly folding would have?
sr. member
Activity: 379
Merit: 250
A similar thing happened last week at around the same time

Strangly, that this was unnoticed by the community
legendary
Activity: 2053
Merit: 1356
aka tonikt
the freenode chat has nothing to report either besides that tux does not pick up his phone.
I quote from freenode:

<  neofutur> quotation is suspended for more than 2 hours now, no official word until now, probably a technical problem
[19:51] MT dont answer the phone until now
[19:52] I keep trying to contact him
It's 3:00 AM in Tokyo.
If he isn't sleeping then he must be on drugs - either way we will probably need to wait at least few more hours... Tongue
member
Activity: 67
Merit: 10
I'm thankful I just moved all everything out of mt gox.

So far I love campbx, the lower exchange rate is worth the piece of mind.
hero member
Activity: 728
Merit: 500
A similar thing happened last week at around the same time
sr. member
Activity: 476
Merit: 250
The first is by definition not flawed.
the freenode chat has nothing to report either besides that tux does not pick up his phone.
I quote from freenode:

<  neofutur> quotation is suspended for more than 2 hours now, no official word until now, probably a technical problem
[19:51] MT dont answer the phone until now
[19:52] I keep trying to contact him
hero member
Activity: 812
Merit: 1001
-
Let me put some oil in the fire:

gentlemen - you are seeing mtgox folding

Could be this, could be just some technical issue. The thing with gox is: you never know whether you are being goxed or foxed.

The best strategy here IMO is to not play. It is really fun to be just an observer. And I am speaking from experience here. It is  much less fun watching Bitcoinica debacle because Bitcoin Magazine has slightly more than 1000$ in limbo there.




sr. member
Activity: 476
Merit: 250
The first is by definition not flawed.
Let me put some oil in the fire:

gentlemen - you are seeing mtgox folding
sr. member
Activity: 379
Merit: 250
Is anyone else seeing MtGox's reported volume decreasing for the last few hours or so? It used to be ~33000 BTC, now it's ~26000 BTC and still dropping (sit on the frontpage for a few minutes, and watch the ticker at the top).

Am I being stupid and just missing something, or..?

If you mean orderbook volume, it is really droped bitcoin-analytics.com
from 330k USD to 230k USD and also interesting that orderbook price is changing over time  in opposite direction.
Looks really that orders are cancelled gradually one by one. from both bids and asks sides.

legendary
Activity: 2053
Merit: 1356
aka tonikt
I can place an ask order, but it just stays pending...
And it doesn't seem to be affecting the market depth data.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
It looks like orders are still being placed --> Btccharts.com
That way one can estimate which way it will go after ther trade engine comes back up.

-edit- although I just tried (both mtgox.com and classic.mtgox.com) and no order could be placed

May just be canceling orders!

Some of the chatty Cathy's over on BTC-e said they were able to pull BTC out of gox since this started, andI doubt cash would be the same story.
sr. member
Activity: 387
Merit: 250
Where's the statement of MtGox?
that sucks!
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
This could be a good sign...

Imagine if they got hacked again, but this time their countermeasures kicked in and froze trading until they get everything sorted out.

Of course, if I were mt.gox I would not advertise this... or would I?...
legendary
Activity: 2053
Merit: 1356
aka tonikt
It's been dead for hours already.
The last trade was at 13:42:28 UTC
newbie
Activity: 7
Merit: 0
So, me being stupid: confirmed.

Thanks for the info.
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
Is anyone else seeing MtGox's reported volume decreasing for the last few hours or so? It used to be ~33000 BTC, now it's ~26000 BTC and still dropping (sit on the frontpage for a few minutes, and watch the ticker at the top).

Am I being stupid and just missing something, or..?

I believe thats volume for a 24h period, and since no trades are taking place, the volume for this 24 hour period is decreasing
newbie
Activity: 7
Merit: 0
Is anyone else seeing MtGox's reported volume decreasing for the last few hours or so? It used to be ~33000 BTC, now it's ~26000 BTC and still dropping (sit on the frontpage for a few minutes, and watch the ticker at the top).

Am I being stupid and just missing something, or..?
legendary
Activity: 1022
Merit: 1000
It looks like orders are still being placed --> Btccharts.com
That way one can estimate which way it will go after ther trade engine comes back up.

-edit- although I just tried (both mtgox.com and classic.mtgox.com) and no order could be placed
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