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Topic: MtGox withdrawal delays [Gathering] - page 138. (Read 908727 times)

legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
February 15, 2014, 07:00:51 AM
Video on Mt.Gox Protest:

http://www.youtube.com/watch?v=ob9Ak1t09Ao#t=198

The CEO was asked point blank if he could get his money back or if there are any Bitcoins left.

The CEO could not answer.

The latest Mt.Gox press release says that you can now deposit Bitcoin, but not withdraw.




member
Activity: 110
Merit: 10
February 15, 2014, 05:47:38 AM
rpietila, you should kiss sturle's feet for having pending USD withdrawals on Mt.Gox now which you can cancel and buy the absolute cheapest Bitcoin on the market with. (And hopefully withdraw them soon, but risk is your middle name anyways...)


he payed a premium, to get his BTCs out of gox. thats why he is pissed and calling everyone a criminal who refuses to spread FUD about gox being insolvent. he could have trippled his money, if he just believed the facts instead of the FUD. poor guy! Wink

when you read his last post, you can see that he has one last hope: gox is indeed insolvent and nobody will get out his BTCs which would justify his actions. he will have a big disapointment soon...
newbie
Activity: 42
Merit: 0
February 15, 2014, 05:45:27 AM
rpietila, you should kiss sturle's feet for having pending USD withdrawals on Mt.Gox now which you can cancel and buy the absolute cheapest Bitcoin on the market with. (And hopefully withdraw them soon, but risk is your middle name anyways...)

don't talk to him, he might sue ya after telling you how you assisted mtgox in committing a federal crime, as any good murcan would do.
legendary
Activity: 1600
Merit: 1014
February 15, 2014, 05:32:00 AM
rpietila, you should kiss sturle's feet for having pending USD withdrawals on Mt.Gox now which you can cancel and buy the absolute cheapest Bitcoin on the market with. (And hopefully withdraw them soon, but risk is your middle name anyways...)
newbie
Activity: 42
Merit: 0
February 15, 2014, 05:28:55 AM
~175 coins just dumped on Gox at $337... who are these ppl?

maybe ppl who bought it for $70 and don't f*ing care anymore Smiley
newbie
Activity: 42
Merit: 0
February 15, 2014, 05:20:08 AM
There seems to be good news everywhere that Gox will resume BTC TX soonish. Any scenario where this could not happen? Unless Gox is developing a huge scam, TX should resume soon, right?
All winds blow to they will be back on track very soon   Wink
Source for the good news?
They changed my 7 jan SEPA withdraw status to pending , i see this as a sign like: let us clean the house before opening the btc gates, and whoever ask for fiat should now deposit new fresh money if wants to buy our cheap btc !
I think you talk BS... my SEPA from 3 Jan. is still on 'confirmed'.

I also requested a small withdraw (160+€) on 27th Jan. and its status changed from 'confirmed' to 'pending', it's not bullshit. Still it's small amounts and only information, I guess queue is processing but it's definitly only some information, not a "MtGox is solvent and cool" statement. Plus this thread name is "MtGox withdrawal delays [Gathering]" so don't be mad if people are posting their story about their withdrawals...

Edit : btw, remember BTC withdrawals and Fiat ones are not related

wow! finally some improvements! i got one SEPA withdrawal since 29th, still confirmed, but the amount is larger.
i'll keep you posted

Yeah I got 1K EUR confirmed since the 29th as well. Who will get it first? Grin
hero member
Activity: 583
Merit: 500
February 15, 2014, 05:11:47 AM
~175 coins just dumped on Gox at $337... who are these ppl?
newbie
Activity: 40
Merit: 0
February 15, 2014, 04:36:13 AM
Fresh statement posted at Gox, in case you have not seen it yet.
legendary
Activity: 1162
Merit: 1004
February 15, 2014, 04:33:19 AM

It is interesting the goxBTC is trading at only 50-60% of bsBTC. Have you thought about the following scenario:

I think they are just too stupid to fix the problem within the same timeframe as the other exchanges are able to.
As soon as they are, the price will jump onto the level of bitstamp or higher again. If I had FIAT there I would buy GOX-BTCs now.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
February 15, 2014, 04:23:10 AM


but intelligent enough to commit a financial services crime;

2. Gox manipulated the market with this issue

mind you, it could also be put into the pigeon hole of 'complete and utter stupidity'
Well ... it's a known issue for almost 2 years, even on the Wiki for over a year ... and the longest standing BTC exchange still did it wrong ...
Certainly sounds like a bunch of morons to me.

No doubt once they came up with the excuse to stop people getting their BTC, they then played the financial scam to to advantage.
Clearly software design skills and financial scam skills are unrelated ... as MtGox has proven Smiley

indeed, where the incompetence of their software dev's was the first problem, and could be seen as simple human error, the events which have evolved over the past week or so (months - with regards to fiat withdrawals) are unforgivable.

One look at the price disparity between MTGOX and all other Bitcoin exchanges and it becomes clear, the market has spoken and called MTGOX out on its BS.
sr. member
Activity: 434
Merit: 250
February 15, 2014, 04:21:01 AM


but intelligent enough to commit a financial services crime;

2. Gox manipulated the market with this issue

mind you, it could also be put into the pigeon hole of 'complete and utter stupidity'
Well ... it's a known issue for almost 2 years, even on the Wiki for over a year ... and the longest standing BTC exchange still did it wrong ...
Certainly sounds like a bunch of morons to me.

No doubt once they came up with the excuse to stop people getting their BTC, they then played the financial scam to to advantage.
Clearly software design skills and financial scam skills are unrelated ... as MtGox has proven Smiley

indeed, where the incompetence of their software dev's was the first problem, and could be seen as simple human error, the events which have evolved over the past week or so (months - with regards to fiat withdrawals) are unforgivable.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
February 15, 2014, 04:15:40 AM

Yup you can still deposit bitcoin but you can't withdraw.

Really not that surprising.

still blaming the 'T-M' and not their own method of accounting I see.
Of course, it's above their intelligence level to understand the full details - so they are expected to blame someone else for their own stupidity level.

but intelligent enough to commit a financial services crime;

2. Gox manipulated the market with this issue

mind you, it could also be put into the pigeon hole of 'complete and utter stupidity'
Well ... it's a known issue for almost 2 years, even on the Wiki for over a year ... and the longest standing BTC exchange still did it wrong ...
Certainly sounds like a bunch of morons to me.

No doubt once they came up with the excuse to stop people getting their BTC, they then played the financial scam to to advantage.
Clearly software design skills and financial scam skills are unrelated ... as MtGox has proven Smiley
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 15, 2014, 04:12:33 AM

Yup you can still deposit bitcoin but you can't withdraw.

Really not that surprising.

Last thing I remember, I was
Running for the door
I had to find the passage back
To the place I was before
"Relax, " said the night man,
"We are programmed to receive.
You can check-out any time you like,
But you can never leave! "
sr. member
Activity: 434
Merit: 250
February 15, 2014, 04:06:52 AM

Yup you can still deposit bitcoin but you can't withdraw.

Really not that surprising.

still blaming the 'T-M' and not their own method of accounting I see.
Of course, it's above their intelligence level to understand the full details - so they are expected to blame someone else for their own stupidity level.

but intelligent enough to commit a financial services crime;

2. Gox manipulated the market with this issue

mind you, it could also be put into the pigeon hole of 'complete and utter stupidity'
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
February 15, 2014, 04:02:58 AM

Yup you can still deposit bitcoin but you can't withdraw.

Really not that surprising.

still blaming the 'T-M' and not their own method of accounting I see.
Of course, it's above their intelligence level to understand the full details - so they are expected to blame someone else for their own stupidity level.
member
Activity: 71
Merit: 10
February 15, 2014, 04:01:56 AM

"(...) Once the implementation is complete customers will again be able to deposit bitcoin, but we will be doing extensive testing before bitcoin
withdrawals are reactivated. We will publish an update on the situation on Monday ."


Well something is happening, still no confirmation on BTC withdrawals though.

There seems to be 2 issues here:

1. Withdrawal of BTCs

2. Gox manipulated the market with this issue


It looks like the withdrawal of BTCs will be resolved soon (still speculative though).

For me personally, the second issue is pretty much irrelevant, bc I will get my BTCs out of there as soon as I can and never work with Gox again. And I will never be able to take Gox to court for the loss I incurred with this (my time and paying lawyers will be more expensive than the money I could get ever back).
As I can't fix that problem, it stops being a problem for me. Even if personally I am very pissed with them and I am sure many people are incredibly angry with them due to the large amount of financial losses.

I can sleep better tonight.

sr. member
Activity: 434
Merit: 250
February 15, 2014, 03:59:41 AM

Yup you can still deposit bitcoin but you can't withdraw.

Really not that surprising.

still blaming the 'T-M' and not their own method of accounting I see.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
February 15, 2014, 03:58:44 AM

Yup you can still deposit bitcoin but you can't withdraw.

Really not that surprising.
sr. member
Activity: 465
Merit: 254
February 15, 2014, 03:58:08 AM
There are now sure a lot of people in line now. Almost all have sold and must get out the FIAT. Coins are indeed locked. By the way: Something new from Gox?

If you have fiat waiting in line to cash out from Gox at this point you are doing it wrong. I bet a lot of big cash-outs have been canceled the last couple of days.
newbie
Activity: 18
Merit: 0
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