NEWS: MtGox should be able to resume withdrawals "soon"

DooMAD

legendary

Activity: 3724

Merit: 3063

Leave no FUD unchallenged

Quote from: Nagle on February 20, 2014, 10:34:35 AM

Mt. Gox is not resuming withdrawals. Again.

The February 20th announcement has less information than the previous one. There's not even a date for the next excuse.

I'm guessing by "security issues" they mean it looks bad for business if people are camped outside asking where their money is, so in response gox are going to run and hide until the problem goes away. Grin

Nagle

legendary

Activity: 1204

Merit: 1000

Mt. Gox is not resuming withdrawals. Again.

The February 20th announcement has less information than the previous one. There's not even a date for the next excuse.

pleiotropik

full member

Activity: 144

Merit: 100

The 130 quote on GOX is not a reflection of market forces: the K. is making the quote plunge inside his black box so that he can come out (maybe this weekend) and declare that he's returning customer's money... on cents to the btc. it will be wise of him to hire lawyers and bodyguards, if he hasn't already.

Zarathustra

legendary

Activity: 1162

Merit: 1004

Quote from: smoothie on February 19, 2014, 06:21:28 PM

I truly hope people get their money back and do not wish people to lose money with MTGOX. Good luck to those people.

So does Andreas.

Tweet:
"I hope Gox resumes operations *just* long enough for everyone to leave and never return to that terribly-mismanaged company"

pleiotropik

full member

Activity: 144

Merit: 100

I sense a disturbance in the Gox...

YipYip

hero member

Activity: 574

Merit: 500

Quote from: superduh on February 19, 2014, 04:28:36 PM

Quote from: BitCoinNutJob on February 19, 2014, 02:43:19 PM

Quote

insider trading laws?? STFU - mtgox is not a public company.
stop pretending to know anything and stop FUDDING

sure lets defend gox & friends.

dont like inside trader ok..... how about FRAUD!!

Tongue

incompetence is not always fraud

Really .... Please dont pull the BFL defense of they are just mindless zombies with no self control of there own and its just all a big accident

Insolvency
Insider Trading
Withholding PPlz funds (theft ??)

At what point are they expected to have half a clue and therefore it is not an "ACCIDENT" ...do we give them 3 years 4 years or is it 10 years the magic number when we expect some level of customer service and responsibility

Gox wake up...time to die Cool

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Fact #1 - Users with funds at MTGOX are trying to be hopeful by creating threads like this one. Ultimately a thread creation will not affect the outcome of MTGOX's solvency.

Fact #2 - The market has spoken concerning MTGOX's solvency in BTC based on price. Getting legal action for USD is likely easier to do than for BTC.

Fact #3 - MTGOX has avoided answering the hard questions on whether they actually have all the bitcoins for customers.

Fact #4 - They are going to institute a withdraw (BTC) limit per day and per month. <----- Big sign of insolvency.

MY PREDICTION: Once Gox continues to delay and not allow users to withdraw all their funds as they would want, the truth will sink into the minds of their customers over about a 1-3 weeks that they likely will never see all of their funds again.

This will in turn create bad press for Bitcoin and confidence in the price will sink, ultimately making the price go lower. Those smart enough to time their purchases right will get a discount on the price of Bitcoin sometime in the next 2-6 weeks from now.

I truly hope people get their money back and do not wish people to lose money with MTGOX. Good luck to those people.

epetroel

sr. member

Activity: 431

Merit: 251

Quote from: Nagle on February 19, 2014, 06:01:56 PM

Quote from: BitCoinNutJob on February 19, 2014, 04:58:52 PM

Roger Ver is a decent target. Roger Ver associates with gox. Fuck gox.

Roger Ver is a convicted felon.

Yeah, but that was for selling explosives on e-bay. Doesn't get much cooler than that

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Any confirmed withdraws yet?

Nagle

legendary

Activity: 1204

Merit: 1000

Quote from: BitCoinNutJob on February 19, 2014, 04:58:52 PM

Roger Ver is a decent target. Roger Ver associates with gox. Fuck gox.

Roger Ver is a convicted felon.

Nagle

legendary

Activity: 1204

Merit: 1000

Mt. Gox is not resuming withdrawals.

Mt. Gox is claiming they will issue a statement about resuming withdrawals at some future time.

There's a big difference.

Amitabh S

legendary

Activity: 1001

Merit: 1003

Quote from: brokenchair on February 17, 2014, 10:20:09 AM

~~Fool me once shame on you, fool me twice shame on me~~,
fool me once, shame on - shame on you. Fool me - you can't get fooled again

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

Quote from: superduh on February 19, 2014, 04:28:36 PM

Quote from: BitCoinNutJob on February 19, 2014, 02:43:19 PM

Quote

insider trading laws?? STFU - mtgox is not a public company.
stop pretending to know anything and stop FUDDING

sure lets defend gox & friends.

dont like inside trader ok..... how about FRAUD!!

Tongue

incompetence is not always fraud

You are missing the sentiment even though you are likely correct on the inside trading definition.

I dont really care what the exact law term that could potentially be being broken is. i didnt even read much of what inside trading is - a mistake maybe cause i was trying to win people over but i dont care about knowing law.

Laws are mostly interchangeable nonsense words with no objective morality currently. Laws are used to preserve elites powers. Roger Ver is a decent target. Roger Ver associates with gox. Fuck gox.

If i was Mark Karpeles friend for many many years i would likely have had a word with him to get the dam BTC withdraws up ASAP & quit lying. So right now fuck Roger Ver.

FRAUD

superduh

hero member

Activity: 602

Merit: 500

Quote from: BitCoinNutJob on February 19, 2014, 02:43:19 PM

Quote

insider trading laws?? STFU - mtgox is not a public company.
stop pretending to know anything and stop FUDDING

sure lets defend gox & friends.

dont like inside trader ok..... how about FRAUD!!

Tongue

incompetence is not always fraud

opentoe

legendary

Activity: 1274

Merit: 1000

Personal text my ass....

Since I got started into bitcoin and mining a couple years ago even then all I ever heard was problems and issues with Mt. Gox. All the time! Every day I heard issues, problems and just things never working properly. Why in the HECK are people still using that site? I don't get it. They apparently are the most fraudulent site around, trying every tactic in the book to make as much profit as they can. And the latest, they've gotten so bold they now do it right in the wide open and no one gives a shit. I never put one bitcoin through that site and would never touch it again and I recommend you do the same if you don't want any problems. I never understood why that site was so needed anyway? There are other ways to cash out your bitcoin. Unfortunately the safest way is to personal exchanges these days. All the big exchanges are just greedy hoarding CEO's running the business to the ground. I'm ready to sue CampBX and file a complaint against then for stealing my money, so you really have to watch what you do out there.

bananas

sr. member

Activity: 364

Merit: 257

FRAUD sounds correct

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

Quote

insider trading laws?? STFU - mtgox is not a public company.
stop pretending to know anything and stop FUDDING

sure lets defend gox & friends.

dont like inside trader ok..... how about FRAUD!!

Tongue

superduh

hero member

Activity: 602

Merit: 500

Quote from: BitCoinNutJob on February 17, 2014, 07:29:07 AM

and btw roger ver of blockchain you are breaking inside trader laws - sorry to call you out you seem a nice guy but you associate with gox & i want my BTC ASAP not 3 months time thanks

http://en.wikipedia.org/wiki/Insider_trading

roger ver buying up gox coin

https://bitcointalksearch.org/topic/m.5111950

again, im sorry, just angry

insider trading laws?? STFU - mtgox is not a public company.
stop pretending to know anything and stop FUDDING

Mythul

sr. member

Activity: 644

Merit: 250

any news on this ?

Gulinborsti

full member

Activity: 286

Merit: 100

This is the response for some days now, it is simply their way to tell you that they have not yet opened up withdrawals again.
Maybe some weird babelfish translation ... Grin

Topic: NEWS: MtGox should be able to resume withdrawals "soon" (Read 9509 times)