Topic: MtGox withdrawal delays [Gathering] - page 168. (Read 908727 times)
i interpret gox below stamp as a sign that some traders expect a gox bankruptcy and in that case fiat is superior to btc.
gox now 25USD lower than china, their spread reversed?? At these prices gox is a buy but good luck moving it I guess?
"For a moment it sounded like a million gox arbitrage traders screamed out and were then silent!" -- Obisatwan Kenoshi
"For a moment it sounded like a million gox arbitrage traders screamed out and were then silent!" -- Obisatwan Kenoshi
Now doing both sides.. my bid is 58%, my ask is 93%. Can buy up to 200goxbtc, can sell up to 50goxbtc.
http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/
Interesting story...whether it is true (shrug).
Sounds like something they would respond with.
Interesting story...whether it is true (shrug).
Sounds like something they would respond with.
Here's a way this may play out on Monday.
Gox had 40,000 Bitcoins stuck in their withdrawal queue. On Monday, they will have zero, because they are cancelling withdrawals and crediting amounts back to customer accounts within Gox. That's already happening.
This allows them to begin a new round of jerking customers around. All their customers will have to resubmit their withdrawals. Gox then has lots of ways to stall them - they can request reverification of customer identity, claim the destination Bitcoin address is invalid, and such. They've done all of those things before. Then they can stall on moving transactions through states of "pending" to "processed", which they've also stalled on before. Then they can process the outgoing queue slowly, which they've done before.
Meanwhile, the usual Gox shills will be saying "everything is fine now", to discourage people from doing withdrawals. This may buy Gox another month.
Gox had 40,000 Bitcoins stuck in their withdrawal queue. On Monday, they will have zero, because they are cancelling withdrawals and crediting amounts back to customer accounts within Gox. That's already happening.
This allows them to begin a new round of jerking customers around. All their customers will have to resubmit their withdrawals. Gox then has lots of ways to stall them - they can request reverification of customer identity, claim the destination Bitcoin address is invalid, and such. They've done all of those things before. Then they can stall on moving transactions through states of "pending" to "processed", which they've also stalled on before. Then they can process the outgoing queue slowly, which they've done before.
Meanwhile, the usual Gox shills will be saying "everything is fine now", to discourage people from doing withdrawals. This may buy Gox another month.
Exactly what i was thinking never required verification before will now demand it i sent in verification 2x they denied it i scanned never told me had to be photo I am forecasting making customers jump thru hoops that customers won't be able to complete people will eventually give up most likely scenario. It takes 2 weeks now to get verified imagin how much longer they will stall the process if they go that route. It will take gox weeks and weeks to solve a technical problem that dosen't really exist. I have seen this scenario countless times in these type of schemes . They all start out with support ignoring not responding to customers that is the first step gox has already put people thru.
gox already blatantly lied by saying that the stuck withdrawls were limited to a few users or whatever when in reality it was 6,000 .
Bidding 55% for your gox btc balance, minimum amount 5btc/10goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.
Wash your hands of gox once and for all!
Wash your hands of gox once and for all!
This reminds me of when PirateAt40 was closing down and people were paying for Pirate debt. Deja Vu.
Yup. This is exactly like that scenario. Get out while you still can!
For those that werent around for Pirate's default....he never paid for the debt that people sold at a discount (i.e. 50% or less).
Monday is going to be an absolute sh#t show 
Remember this: Gox never promised to allow BTC withdrawals on Monday, only an update on their progress.
This is how the long-con perpetuates itself: More excuses and more delays to buy more time to satisfy demand for users' funds (fiat and BTC).
Get your popcorn ready as the fireworks show is just beginning with this.
Bidding 55% for your gox btc balance, minimum amount 5btc/10goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.
Wash your hands of gox once and for all!
Wash your hands of gox once and for all!
This reminds me of when PirateAt40 was closing down and people were paying for Pirate debt. Deja Vu.
Yup. This is exactly like that scenario. Get out while you still can!
Bidding 55% for your gox btc balance, minimum amount 5btc/10goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.
Wash your hands of gox once and for all!
Wash your hands of gox once and for all!
This reminds me of when PirateAt40 was closing down and people were paying for Pirate debt. Deja Vu.
Somebody should start a goxbtc/btc exchange.
hat-removed photo on request of serious bidders only 
Videos of me deadlifting or doing squats available on request, serious bidders only.
Monday is going to be an absolute sh#t show
Bidding 50% for your gox btc balance, minimum amount 10btc/20goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.
Wash your hands of gox once and for all!
Wash your hands of gox once and for all!
Man i don’t trust you ! can you remove your hat so i can see your face properly
hat-removed photo on request of serious bidders only
Bidding 50% for your gox btc balance, minimum amount 10btc/20goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.
Wash your hands of gox once and for all!
Wash your hands of gox once and for all!
Man i don’t trust you ! can you remove your hat so i can see your face properly
Bidding 58% for your gox btc balance, minimum amount 5goxbtc, max 200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.
Wash your hands of gox once and for all!
I will also take the other side of this trade, meaning you give me real btc, I give you gox btc, currently at a rate of 93%.
Wash your hands of gox once and for all!
I will also take the other side of this trade, meaning you give me real btc, I give you gox btc, currently at a rate of 93%.
I have a 5 figure amount SEPA withdrawal pending since 17 January and will let you all know when I receive that money.
They are probably processing SEPA withdrawal of the first weeks of January now so I am expecting to have to wait 3 more weeks.
I'm in the same boat with a transaction confirmed on the 20th, similar amount. If they'd stick to their claim, processing is due on the Tuesday. If not, scam spilled over to SEPA. Where do EUR funds reside? Poland afair?They are probably processing SEPA withdrawal of the first weeks of January now so I am expecting to have to wait 3 more weeks.
Did they perform sepa transfers during last week ? Nobody here, confirm so !
Sepa transfers can bring some light on this issue (i also have one confirmed Jan 7 ) but i’m sure we won’t need to wait for so long to have a clear picture about this issue !
Good luck to all !
"Important Announcement: In order for our team to resolve the BTC withdrawal issue it is necessary for a temporary pause on all withdrawal requests to obtain a clear technical view of the current processes. We will update again on Monday, January 10th (JST). The MtGox trading platform will perform as usual for the needs of our customers."
If you want to withdraw, sorry technical issue ! But trading platform, to exchange BTC/Fiat as many times as you want, it will perform as usual : 0,6 % fee !
And they have been very successful at this today : third in volume. I’m very curious to see how will they perform tomorrow on this nonsense business !
If you want to withdraw, sorry technical issue ! But trading platform, to exchange BTC/Fiat as many times as you want, it will perform as usual : 0,6 % fee !
And they have been very successful at this today : third in volume. I’m very curious to see how will they perform tomorrow on this nonsense business !
I left Gox for good in July after a couple of months defending them... But things just kept getting worst. Bitstamp doesn't feel as the most secure place in the world neither, while withdrawals work just well daytrading and keeping serious founds on third party services is still a high risk practice in the BTC world. I won't do it until a serious alternative is launched, for sure the opportunity is huge for those who manage to build a SERIOUS service.
SecondMarket is likely to launch a serious exchange. Even if gox gets its out of its web of legal and software problems it will fade away.
Here's a way this may play out on Monday.
Gox had 40,000 Bitcoins stuck in their withdrawal queue. On Monday, they will have zero, because they are cancelling withdrawals and crediting amounts back to customer accounts within Gox. That's already happening.
This allows them to begin a new round of jerking customers around. All their customers will have to resubmit their withdrawals. Gox then has lots of ways to stall them - they can request reverification of customer identity, claim the destination Bitcoin address is invalid, and such. They've done all of those things before. Then they can stall on moving transactions through states of "pending" to "processed", which they've also stalled on before. Then they can process the outgoing queue slowly, which they've done before.
Meanwhile, the usual Gox shills will be saying "everything is fine now", to discourage people from doing withdrawals. This may buy Gox another month.
Gox had 40,000 Bitcoins stuck in their withdrawal queue. On Monday, they will have zero, because they are cancelling withdrawals and crediting amounts back to customer accounts within Gox. That's already happening.
This allows them to begin a new round of jerking customers around. All their customers will have to resubmit their withdrawals. Gox then has lots of ways to stall them - they can request reverification of customer identity, claim the destination Bitcoin address is invalid, and such. They've done all of those things before. Then they can stall on moving transactions through states of "pending" to "processed", which they've also stalled on before. Then they can process the outgoing queue slowly, which they've done before.
Meanwhile, the usual Gox shills will be saying "everything is fine now", to discourage people from doing withdrawals. This may buy Gox another month.
Exactly what i was thinking never required verification before will now demand it i sent in verification 2x they denied it i scanned never told me had to be photo I am forecasting making customers jump thru hoops that customers won't be able to complete people will eventually give up most likely scenario. It takes 2 weeks now to get verified imagin how much longer they will stall the process if they go that route. It will take gox weeks and weeks to solve a technical problem that dosen't really exist. I have seen this scenario countless times in these type of schemes . They all start out with support ignoring not responding to customers that is the first step gox has already put people thru.
gox already blatantly lied by saying that the stuck withdrawls were limited to a few users or whatever when in reality it was 6,000 .
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