Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32230.

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: gambitv on November 07, 2013, 11:10:19 AM

Quote from: ?? on ??

Quote from: mccorvic on November 07, 2013, 10:59:10 AM

Quote from: justusranvier on November 07, 2013, 10:55:45 AM

The technical support meltdown in #mtgox right now is quite a spectacle to behold.

Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC?

yes it is both. gox is fucking lol.

cant get fiat OR BTC

hahahaha

It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...

Ah! That's a pretty good technical explanation really. I just tried a BTC withdraw out of curiosity. Lets see how long it takes.

EDIT: Just got the BTC as I clicked posted. Took no more then a minute. Withdrew 10 BTC as a tester (didn't want it to not work and leave a whole chunk in limbo!)

So anyway, seems like FUD to me unless the amount makes any difference (which I doubt).

Miz4r

legendary

Activity: 1246

Merit: 1000

Bitstamp on its way to $300, new ATH $294.76. Cool

DougTanner

sr. member

Activity: 280

Merit: 250

Stamp is surging up again. I'm still waiting on that correction...

BitchicksHusband

sr. member

Activity: 378

Merit: 255

Quote from: BlueTemplar on November 07, 2013, 11:14:56 AM

link or it didn't happen!

I can't access http://bitcoincharts.com/charts/mtgoxUSD anymore, is that just me?

That's every day.

tbcoin

legendary

Activity: 1022

Merit: 1000

Quote from: BlueTemplar on November 07, 2013, 11:14:56 AM

link or it didn't happen!

I can't access http://bitcoincharts.com/charts/mtgoxUSD anymore, is that just me?

just you

BlueTemplar

full member

Activity: 164

Merit: 100

Gone for a minute now back again

link or it didn't happen!

I can't access http://bitcoincharts.com/charts/mtgoxUSD anymore, is that just me?

Sitarow

legendary

Activity: 1792

Merit: 1047

gambitv

full member

Activity: 196

Merit: 100

Quote from: ?? on ??

Quote from: mccorvic on November 07, 2013, 10:59:10 AM

Quote from: justusranvier on November 07, 2013, 10:55:45 AM

The technical support meltdown in #mtgox right now is quite a spectacle to behold.

Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC?

yes it is both. gox is fucking lol.

cant get fiat OR BTC

hahahaha

It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: mccorvic on November 07, 2013, 11:04:27 AM

Gox really does go out of its way to just completely embarrass itself at every opportunity.

95% of their customer relations problems could be solved if Mark would take 5 minutes every once in a while to actually explain what is going on so that his customers would understand the problems, instead of hiring people to just endlessly apologize to them.

maz

full member

Activity: 140

Merit: 100

Quote from: Rampion on November 07, 2013, 11:02:00 AM

Quote from: spooderman on November 07, 2013, 10:37:11 AM

Quote from: BlueTemplar on November 07, 2013, 10:32:48 AM

Quote from: navigator on November 07, 2013, 10:27:16 AM

It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.

What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells.

This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good.

That ^

mccorvic

hero member

Activity: 518

Merit: 500

Quote from: justusranvier on November 07, 2013, 11:00:19 AM

Quote from: mccorvic on November 07, 2013, 10:59:10 AM

Or is it fiat AND BTC?

Fiat is old news.

Something's wrong with BTC withdrawals too, some kind of input selection / transaction fee problem in their backend.

Gox really does go out of its way to just completely embarrass itself at every opportunity.

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: Rampion on November 07, 2013, 11:02:00 AM

Quote from: spooderman on November 07, 2013, 10:37:11 AM

Quote from: BlueTemplar on November 07, 2013, 10:32:48 AM

Quote from: navigator on November 07, 2013, 10:27:16 AM

It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.

What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells.

This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good.

This

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: spooderman on November 07, 2013, 10:37:11 AM

Quote from: BlueTemplar on November 07, 2013, 10:32:48 AM

Quote from: navigator on November 07, 2013, 10:27:16 AM

It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.

What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells.

This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good.

Sitarow

legendary

Activity: 1792

Merit: 1047

DougTanner

sr. member

Activity: 280

Merit: 250

Dat wall.

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: mccorvic on November 07, 2013, 10:59:10 AM

Or is it fiat AND BTC?

Fiat is old news.

Something's wrong with BTC withdrawals too, some kind of input selection / transaction fee problem in their backend.

mccorvic

hero member

Activity: 518

Merit: 500

Quote from: justusranvier on November 07, 2013, 10:55:45 AM

The technical support meltdown in #mtgox right now is quite a spectacle to behold.

Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC?

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

HOLY FUCKING CHRIST guys, I leave you alone for 7 fucking hours and you eat the furniture

what am I going to do with y'all?

BlueTemplar

full member

Activity: 164

Merit: 100

Gone for a minute now back again

Quote from: spooderman on November 07, 2013, 10:37:11 AM

Quote from: BlueTemplar on November 07, 2013, 10:32:48 AM

Quote from: navigator on November 07, 2013, 10:27:16 AM

It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.

What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

Hmm, indeed this is what might have happened...
http://venturebeat.com/2013/04/21/mt-gox-ddos/

The question is :
Considering it already happened twice, isn't it symptomatic of a bubble that would incite some people to do just this kind of attack? Note that this time we don't have a single dominant exchange anymore, so what if this happens again, but only to one of them? (Other people might get rich on spreads, methinks...)

justusranvier

legendary

Activity: 1400

Merit: 1013

The technical support meltdown in #mtgox right now is quite a spectacle to behold.

The only one giving answers is I think the girlfriend of one of the support staff (SarahCoinBit), and the only thing she can tell people is that their coins are safe and Mark won't be making an official statement any time soon since it's 1 am in Japan.

There does seem to be some useful information leaking out though. Something about withdrawal transactions ending up with too many outputs and not enough fees.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32230. (Read 26711840 times)