MtGox website down. Watch them disappear!

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: raspcoin on February 20, 2014, 04:20:53 PM

Quote from: exocytosis on February 20, 2014, 03:39:00 PM

What's the fastest way to deposit fiat on Gox now?

How fast is OK-Pay?

(Yes, I'm aware of the risks.)

It is possible that the price has been manipulated in order to attract new money to the exchange. I hope you really are aware of the risks.

I would put it at a 65% chance that you would never again see money deposited today on Gox. My fear is that the implosion of Gox is going to encourage governments to come out even harder with the ban hammer after there are so many people who have been screwed out of their money...

raspcoin

full member

Activity: 140

Merit: 100

Quote from: exocytosis on February 20, 2014, 03:39:00 PM

What's the fastest way to deposit fiat on Gox now?

How fast is OK-Pay?

(Yes, I'm aware of the risks.)

It is possible that the price has been manipulated in order to attract new money to the exchange. I hope you really are aware of the risks.

raspcoin

full member

Activity: 140

Merit: 100

Quote from: AlvinZ on February 20, 2014, 01:29:42 AM

scam,scammer. Obviously, mtgox itself is stealing btc and $ from its users. if you are one participant, you'd better keep your account silent without any trade. if you can join it now, just go to buy bitcoin and keep them.

There is a reason why the price is so low. The bitcoins currently available for trade may not even be real.

exocytosis

sr. member

Activity: 476

Merit: 250

What's the fastest way to deposit fiat on Gox now?

How fast is OK-Pay?

(Yes, I'm aware of the risks.)

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

who would have ever guessed that we would be close to seeing sub $100 btc on Gox (of all exchanges)??

HerrAndreas

full member

Activity: 212

Merit: 100

Quote from: keithers on February 20, 2014, 01:45:55 PM

Quote from: Taxidermista on February 20, 2014, 01:03:17 PM

FOR IMMEDIATE RELEASE

Tokyo, Japan, February 20th, 2014

Dear MtGox Customers,

Thank you for your patience this week while we are working on re-initiating bitcoin
withdrawals. In addition to the technical issue, this week we have experienced some
security problems, and as a result we had to relocate MtGox to our previous office building
in Shibuya (details can be found here https://support.mtgox.com/home). The move,
combined with some other security and technical challenges, pushed back our progress.
As much as we didn’t want to only provide an “update on an update”, this is the current
status. We are committed to solving this issue and will provide more information as soon
as possible to keep everyone in the loop.
We are very sorry for the delays and deeply appreciate your kind understanding and
continuous support.

Best regards,

MtGox Team

This is fucking unbelievable... Angry

This has got to be a result of employees fearing their safety. It sucks for just the average employee that is just there doing their job, as there is nothing that they can do to fix the situation...

riots in the streets are keeping MagicTheGatherinOnlineeXchange from work...
http://www.ustream.tv/channel/mtgox-protest

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: Taxidermista on February 20, 2014, 01:03:17 PM

FOR IMMEDIATE RELEASE

Tokyo, Japan, February 20th, 2014

Dear MtGox Customers,

Thank you for your patience this week while we are working on re-initiating bitcoin
withdrawals. In addition to the technical issue, this week we have experienced some
security problems, and as a result we had to relocate MtGox to our previous office building
in Shibuya (details can be found here https://support.mtgox.com/home). The move,
combined with some other security and technical challenges, pushed back our progress.
As much as we didn’t want to only provide an “update on an update”, this is the current
status. We are committed to solving this issue and will provide more information as soon
as possible to keep everyone in the loop.
We are very sorry for the delays and deeply appreciate your kind understanding and
continuous support.

Best regards,

MtGox Team

This is fucking unbelievable... Angry

This has got to be a result of employees fearing their safety. It sucks for just the average employee that is just there doing their job, as there is nothing that they can do to fix the situation...

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

How long are you guys predicting before we see sub $100 coins? I would buy sooooo many if I could get them at $100 right now... I would get at least 50 more

usabitcoinbuyer

newbie

Activity: 57

Merit: 0

Quote from: Taxidermista on February 20, 2014, 01:03:17 PM

This is fucking unbelievable... Angry

This guy pretty much called it :\ https://bitcointalksearch.org/topic/m.5246924

I wonder what's up with the office move? Too many protesters show up? Landlord didn't like the situation? It's possible to interpret "security problems" as physical security issues...

Edit: I guess I'm late to the show. The new office is just a front: https://bitcointalksearch.org/topic/m.5261072

Taxidermista

legendary

Activity: 1148

Merit: 1001

FOR IMMEDIATE RELEASE

Tokyo, Japan, February 20th, 2014

Dear MtGox Customers,

Thank you for your patience this week while we are working on re-initiating bitcoin
withdrawals. In addition to the technical issue, this week we have experienced some
security problems, and as a result we had to relocate MtGox to our previous office building
in Shibuya (details can be found here https://support.mtgox.com/home). The move,
combined with some other security and technical challenges, pushed back our progress.
As much as we didn’t want to only provide an “update on an update”, this is the current
status. We are committed to solving this issue and will provide more information as soon
as possible to keep everyone in the loop.
We are very sorry for the delays and deeply appreciate your kind understanding and
continuous support.

Best regards,

MtGox Team

This is fucking unbelievable... Angry

cryptoatc

member

Activity: 113

Merit: 10

Quote from: hostmaster on February 20, 2014, 01:01:53 PM

Quote from: g27wr on February 19, 2014, 09:36:18 PM

Their site throws an error. Placing bets as to whether they just jumped ship...

it maybe a good sign they seem to test some things.

I think that no one will ever trust gox...

hostmaster

sr. member

Activity: 266

Merit: 250

Quote from: g27wr on February 19, 2014, 09:36:18 PM

Their site throws an error. Placing bets as to whether they just jumped ship...

it maybe a good sign they seem to test some things.

cryptoatc

member

Activity: 113

Merit: 10

Well I think that BTC is hanging on very well with all that is happening.

But Gox is going down it seams...

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: quone17 on February 20, 2014, 10:54:25 AM

Gox is destroying bitcoin

If a tiny company like MT Gox can single handedly "destroy bitcoin" then it wasn't worth very much in the first place.

I doubt that's true anyway. It's just the gossip story of the moment and since the market is tiny and doesn't have anything else to concern itself with, that's what it's decided to obsess on for now.

quone17

full member

Activity: 224

Merit: 104

Gox is destroying bitcoin. THe price there is collapsing (I don't know why) and the other exchnages and bitcoin press are being dragged down with it. What a bunch of stupid selfish jerks at Gox.

pleiotropik

full member

Activity: 144

Merit: 100

this year? ... What about this month. I'm looking at a $130 quote. The K is making the quote plunge. Those are not market forces at work.

1 theory: getting ready to close shop and declare that he will redeem all btc in USD... Grin

I propose that bitcointalk move all mtgox related threads to the gambling/ponzi ghetto.

Sheldor333

sr. member

Activity: 406

Merit: 250

Yes, that's definitely good news. I am glad to see that people, even new-comers, aren't as reliable on Mt. Gox for their price, and certainly don't use them to buy Bitcoins, for the most part. CoinBase and Bitstamp seem to be the two main branches, which is awesome, as they both have very good support, however, I can see a large load mounting on both of them, one for UK and one for US, and a similar situation happening, whereby they become over-encumbered by the large load.

Dr. Sekxy

newbie

Activity: 51

Merit: 0

Quote from: h3rlihy on February 20, 2014, 12:04:11 AM

I don't actually understand who is selling their coins at these low prices? Why sell on gox for $250 when you could just pop them over to bitstamp and get $600+?

gox is hodling their coins since they suspended btc withdrawal so gox users are selling at cute prices

minerdetail

newbie

Activity: 28

Merit: 0

Where is the money then?

Who owns them?

The logic behind buy and sell, is that before a price can increase/ decrease there need to be some money / btc in the system. If the ppl have money at their accounts they are exchanging those to Bitcoins and vice versa.

If no money can enter or leave the system, then it makes absolutely no sense that the price is dropping, except that the clever ones must be very happy to receive cheap Bitcoins. Theoretically the price could increase 10-fold, due to the fact that the system is isolated.

Common sense must denote that it is extremely stupid to exchange anything at an exchange that is heading for bankruptcy.

Why do most people think that the money is coming from MtGox, when they actually should/ are coming from the customers that use MtGox.

The only way I can see that MtGox is not able to payout fiat, is that the fiat is lost/ stolen from the accounts (and has been for a very long time) and that the fiat-amount one could see in their account balance was fake. (i.e. the money behind it was gone/ deported to the MtGox-scammers)

Just my 2 cents

pleiotropik

full member

Activity: 144

Merit: 100

Obvious what's happening: Mr K. Frappucino is lowering the $ so that when Gox goes Bust the $ fiat liability will be smaller.

Topic: MtGox website down. Watch them disappear! (Read 6165 times)