So...Gox has stopped USD withdrawals for 2 weeks, to upgrade????

joesmoe2012

hero member

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Ching-Chang;Ding-Dong

Quote from: TTBit on June 20, 2013, 10:48:13 AM

Quote from: greyhawk on June 20, 2013, 10:36:30 AM

I'm pretty sure you all know what the term "2 weeks" means in Bitcoin-ese.

(In case you don't follow ASIC drama, it means "several months up to 1 year")

I'd see to it to get my money out of there. Just saying.

You'll be able to withdraw via coinlab

They are no longer pegging to gox last.

harposox

newbie

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Quote from: TTBit on June 20, 2013, 10:48:13 AM

Quote from: greyhawk on June 20, 2013, 10:36:30 AM

I'm pretty sure you all know what the term "2 weeks" means in Bitcoin-ese.

(In case you don't follow ASIC drama, it means "several months up to 1 year")

I'd see to it to get my money out of there. Just saying.

You'll be able to withdraw via coinlab

Isn't their current limit for Coinlab-to-Bank withdrawals like a measly $100?

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Rampion on June 20, 2013, 12:30:00 PM

Quote from: smoothie on June 20, 2013, 11:48:12 AM

So let me get this straight.

1. The "system" for withdrawing USD is broken (technically).

2. Yet they can still accept incoming deposits? Just not outgoing transfers?

Money goes in, money cannot go out.

Seems legit.

Cheesy

Sounds exactly like what Maddoff told his investors before he went bust..."oh you can still invest MOAR you just can't withdraw right now is all okay? thanks!" Tongue

Rampion

legendary

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Quote from: smoothie on June 20, 2013, 11:48:12 AM

So let me get this straight.

1. The "system" for withdrawing USD is broken (technically).

2. Yet they can still accept incoming deposits? Just not outgoing transfers?

Money goes in, money cannot go out.

Seems legit.

Cheesy

legitnick

hero member

Activity: 532

Merit: 500

GOX has done this before during the big crash because they were losing to much money. They are like greedy bankers, I despise them.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

So let me get this straight.

1. The "system" for withdrawing USD is broken (technically).

2. Yet they can still accept incoming deposits? Just not outgoing transfers?

How does that make any sense? Isn't the system they use for deposits essentially the same for transfers out?

Why would it be a different path or system? That makes like absolutely no sense . lolz

Another case of gox goxing gox? Roll Eyes

legitnick

hero member

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Im pretty sure MTGOX is a big brother puppet.. Theres no reason for us to verify are identity that goes against EVERYTHING Bitcoin stands for. Dont use mtgox.

TTBit

legendary

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Quote from: greyhawk on June 20, 2013, 10:36:30 AM

I'm pretty sure you all know what the term "2 weeks" means in Bitcoin-ese.

(In case you don't follow ASIC drama, it means "several months up to 1 year")

I'd see to it to get my money out of there. Just saying.

You'll be able to withdraw via coinlab

chadqberry

newbie

Activity: 57

Merit: 0

Gox has been telling me for 9 days now that my transfer will be processed "any day now". Yesterday they told me "by the end of this week". I'm scared to even ask today. It's not good, I'm getting verified on CampBX now and will send BTC there to trade and transfer since they seem to be very quick with my test transfers. Problem with them is their website is painfully slow though.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: ltc_foundry on June 20, 2013, 10:39:07 AM

Oh but "Please be reassured that USD deposits and transfers to Mt. Gox will remain unaffected"

yeah Im sure Roll Eyes

Mtgox reminds me of a big kid who won't let you ride his bike, but he'll let you buy him brand new tires Roll Eyes

ltc_foundry

newbie

Activity: 46

Merit: 0

Oh but "Please be reassured that USD deposits and transfers to Mt. Gox will remain unaffected"

yeah Im sure Roll Eyes

greyhawk

hero member

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I'm pretty sure you all know what the term "2 weeks" means in Bitcoin-ese.

(In case you don't follow ASIC drama, it means "several months up to 1 year")

I'd see to it to get my money out of there. Just saying.

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: worldinacoin on June 20, 2013, 06:06:04 AM

Nope, you can still deposit or withdraw if you verify your identity. A pain in the ass but I guess not much choice

Nothing in this capacity has changed. And no, you cannot withdraw right now, even if your identity is verified.

Yestreday gox wiki said that it would be (worst case scenario) end of next week. Not they are saying 2 full weeks!

ltc_foundry

newbie

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This stinks to high heaven. They are coming for the exchanges...

esse83

hero member

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Quote from: worldinacoin on June 20, 2013, 06:06:04 AM

Nope, you can still deposit or withdraw if you verify your identity. A pain in the ass but I guess not much choice

What do you base this on?

jubalix

legendary

Activity: 2618

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Quote from: worldinacoin on June 20, 2013, 06:06:04 AM

Nope, you can still deposit or withdraw if you verify your identity. A pain in the ass but I guess not much choice

really maybe I misread it?

Quote

"We are currently making improvements to process withdrawals of United States Dollar (USD) denominations, and as a result are temporarily suspending cash withdrawals of USD for the next two weeks."

RaTTuS

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