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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30156. (Read 26713039 times)

legendary
Activity: 2097
Merit: 1070
Yep, I had several OK withdrawals in last few days so I even called it bullshit earlier today here when someone said there are delays, but from 3 today, the last one went missing.

Believe me, this is gaining momentum, there's 10,000 BTC in limbo right now.

No ETA on when this problem will be fixed.

It appears to affect larger transactions so anyone making small withdrawals won't be affected so much.

check the #mtgox IRC channel, current rumour is that Mark has done a runner. Sounds like FUD to me though.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1639
Merit: 1006
stress levels are high.

markets are wild.

just another day in bitcoin land.

+1!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
stress levels are high.

markets are wild.

just another day in bitcoin land.
full member
Activity: 206
Merit: 100
this goes back and forth, though. iirc, the spread in % terms has been higher than this but i am lazy to confirm. if there is a pronounced crash/downtrend, i think the spread will tighten up substantially.

It has been higher several times, but briefly. Komar made a nifty chart here. https://bitcointalksearch.org/topic/is-mtgox-dying-432477

On a percentage basis, it's been ratcheting up quickly since the new year.

It might come down to the more normal 10-15% premium, but I've seen posts suggestion that JPY withdrawals and even slow SEPA withdrawals are having problems--we might be looking at the end. Wanna trade your Gox BTC to "GoxUSD" in the hopes of getting 10% vs. the odds of loosing 100%? I think lots of people don't like that bet.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
So, is the reason gox is climbing so high is because people are paying whatever to just get BTC and get out? Man, Im glad I did that when btc was around 100 or so, even then I took a 20 percent hit, but it was worth it.... So, when people are done transferring, will gox settle down to what the other exchanges are at?

i would expect it to come back down to about 10% difference like it was b4 once this settles.
hero member
Activity: 924
Merit: 1000
So, is the reason gox is climbing so high is because people are paying whatever to just get BTC and get out? Man, Im glad I did that when btc was around 100 or so, even then I took a 20 percent hit, but it was worth it.... So, when people are done transferring, will gox settle down to what the other exchanges are at?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Yep, I had several OK withdrawals in last few days so I even called it bullshit earlier today here when someone said there are delays, but from 3 today, the last one went missing.
legendary
Activity: 2604
Merit: 1748
It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something

Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief

Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now



The problem with Gox is fiat withdrawals not BTC....
They have 3 weeks queue as they replied me on a ticket.....

They have had problems with BTC also - I just went through four days of a transfer to my wallet that never arrived.

I got it in the end - but as they used to say in Hill Street Blues 'Be careful out there..'

Lots of lost transfers right now.  
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something

Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief

Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now



The problem with Gox is fiat withdrawals not BTC....
They have 3 weeks queue as they replied me on a ticket.....

Which does not imply that there should be a BTC withdrawal delay right?

Seems to be a pretty big backlog of BTC withdrawals.
hero member
Activity: 910
Merit: 1003
what is this about drug dealers and money laundering? is this all hearsay or what? links please. Cheesy

This is one of the first articles found by Google:

http://www.theverge.com/2013/8/23/4651926/us-government-seized-5-million-from-bitcoin-behemoth-mt-gox

Probably there are better and more complete accounts out there somewhere.
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something

Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief

Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now



The problem with Gox is fiat withdrawals not BTC....
They have 3 weeks queue as they replied me on a ticket.....
hero member
Activity: 910
Merit: 1003

Denomination   Name   Legend
21000000   The Coinbase
10000000   Menger   Carl Menger, founder of the Austrian School of Economics
1000000   Nakamoto   possible number of BTC owned by SN
100000   Hayek   Nobel prize for contribution to the Austrian Theory of the Business Cycle
10000   Pizza   first Bitcoin transaction - 10000BTC for a couple of pizzas
1000   Mises   In "Monetary Reconstruction" (1953) Ludwig von Mises argued for a fixed money supply
100   Milton   Milton Friedman proposed replacing the FED with a computer
10   Murray   Murray Rothbard argued for competing private currencies
1   Bitcoin
0.1   Finney   Hal Finney created the first reusable proof of work system
0.01   bitcent
0.001   milicoin
0.0001   Chaum   David Chaum - ecash
0.00001   Szabo   Nick Szabo - bitgold
0.000001   microcoin
0.0000001   Gavin
0.00000001   Satoshi

Picking a nit on a presumed half-joke: you may make friends among the SI (metric system) guardians if you spell the unit names in lower case: "gavin", "satoshi", etc.  Compare with "watt", "tesla", "farad" (rather than "Watt", "Tesla", "Faraday"). 

The symbol may be an uppercase letter, possibly followed by a lowercase letter, eg. "Gv" for "gavin" (compare "Hz" for "hertz"); but avoid combinations that may be confused with prefix+lowercase unit symbol, like "Gm" for "gigameter" or "Mb" for "megabit".

 Smiley
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Lol, why is Blockchain showing amounts in dollars, not Bitcoin???

https://blockchain.info/address/1C9cmLVbWApYiJo8C7W6hiArESgcowDctp

your settings are set to that. its on the lower part of your screen to change it.

No, my settings are set to Bitcoin. I can change it from USD to BTC clicking green amount button but if I refresh it it changes to dollars again.
newbie
Activity: 6
Merit: 0
It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something

Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief

Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Lol, why is Blockchain showing amounts in dollars, not Bitcoin???

https://blockchain.info/address/1C9cmLVbWApYiJo8C7W6hiArESgcowDctp

Because you clicked on one of the BTC amounts which switches between BTC and $?  Wink

Lol, might be, it's back to BTC again Cheesy

BTW, just did 3 withdrawals from Gox. 2 of 5 BTC ones went immediately into Blockchain, 3rd one of 10 BTC is still not there though it's only few minutes.

The issue with Gox is not getting coins out, its getting fiat out. The govt/banks can't stop the flow of btc. People are just realizing that BTC is better than Gox Bux no matter the price.

We'll see, my BTC withdrawals so far from Gox were smooth, this last one is still not in blockchain though.
sr. member
Activity: 252
Merit: 250
Lol, why is Blockchain showing amounts in dollars, not Bitcoin???

https://blockchain.info/address/1C9cmLVbWApYiJo8C7W6hiArESgcowDctp

Because you clicked on one of the BTC amounts which switches between BTC and $?  Wink

Lol, might be, it's back to BTC again Cheesy

BTW, just did 3 withdrawals from Gox. 2 of 5 BTC ones went immediately into Blockchain, 3rd one of 10 BTC is still not there though it's only few minutes.

The issue with Gox is not getting coins out, its getting fiat out. The govt/banks can't stop the flow of btc. People are just realizing that BTC is better than Gox Bux no matter the price.
this goes back and forth, though. iirc, the spread in % terms has been higher than this but i am lazy to confirm. if there is a pronounced crash/downtrend, i think the spread will tighten up substantially.
legendary
Activity: 854
Merit: 1000
People are just realizing that BTC is better than Gox Bux no matter the price.

That's the best part. There more people understand bitcoin, the less need there will be for an exchange! Just use bitcoins straight!
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Lol, why is Blockchain showing amounts in dollars, not Bitcoin???

https://blockchain.info/address/1C9cmLVbWApYiJo8C7W6hiArESgcowDctp

Because you clicked on one of the BTC amounts which switches between BTC and $?  Wink

Lol, might be, it's back to BTC again Cheesy

BTW, just did 3 withdrawals from Gox. 2 of 5 BTC ones went immediately into Blockchain, 3rd one of 10 BTC is still not there though it's only few minutes.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Lol, why is Blockchain showing amounts in dollars, not Bitcoin???

https://blockchain.info/address/1C9cmLVbWApYiJo8C7W6hiArESgcowDctp

Yeah it is annoying that they automatically change it to USD from BTC.

Is this there way of marketing this feature to users by forcing them to have to make the change back?
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