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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32545. (Read 26608384 times)

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Hi folks,

A question about Mt. Gox withdrawals.

I can't find the info on their website now, but I thought verification was only necessary to withdraw cash, not bitcoins.

Mt. Gox is telling me that, in order to withdraw bitcoins,  I need to get my non-English language documents translated and notarized and mailed to Japan.

Does that fir with your understanding of their policy?

Thanks.




OMG What a nightmare. I also thought that my anonymous MtGox account allowed non-verified Bitcoin withdrawals. I've never deposited or withdrawn fiat currency to or from this account and had no intention to do so. I used it for daytrading only.

After reading your post, I got worried that they were lying (once again) and immediately attempted to withdraw my remaining coins to a paper wallet.

Now they won't return my coins without identification and proof of residency. This is totally unacceptable. I feel like they are stealing from me.

I don't drive an automobile or use credit cards (just say no) so I don't have the usual photo ID. I'd rather not change my old red and white non-photo Ontario health card for a photo one because the new ones require renewal every few years. I don't generally carry ID and have no plans to start doing so. I live in a (sort of) free country. Do I have to get a passport just to get my money back?

Luckily there are only about 50 BTC in this account but I still feel like I'm being held for ransom. I also feel like I'm being treated like an American.

Further shame on you MtGox.
hero member
Activity: 841
Merit: 1000
I know that you have to be verified to withdraw Bitcoins, however when i submitted them i didn't need to translate them. They accepted my Dutch documents without a problem, maybe because back then the verification queue at Mt.Gox had a record length.
newbie
Activity: 11
Merit: 0
Hi folks,

A question about Mt. Gox withdrawals.

I can't find the info on their website now, but I thought verification was only necessary to withdraw cash, not bitcoins.

Mt. Gox is telling me that, in order to withdraw bitcoins,  I need to get my non-English language documents translated and notarized and mailed to Japan.

Does that fir with your understanding of their policy?

Thanks.


legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
bucket shop?

Yes it's a bucket shop, a place where people go to make “side bets” on loans, scams and bankruptcy like a bookie for betting. It's perfect for Bitcoin.

Agree, reminds me of "boiler room".

I wouldn't touch any of those "investments" listed on wikipedia, guess they are on SecondMarket for a reason.


Well considering that you have to earn over 200k a year or be a millionaire to touch those investments...
I don't think you need to worry.

Maybe they can team up with BFL and Bitcoinica to create a new startup called SecondScammer since that's what they specialize in. lol
sr. member
Activity: 454
Merit: 250
bucket shop?

Yes it's a bucket shop, a place where people go to make “side bets” on loans, scams and bankruptcy like a bookie for betting. It's perfect for Bitcoin.

Agree, reminds me of "boiler room".

I wouldn't touch any of those "investments" listed on wikipedia, guess they are on SecondMarket for a reason.


Well considering that you have to earn over 200k a year or be a millionaire to touch those investments...
I don't think you need to worry.
hero member
Activity: 770
Merit: 501
yea, already read that. I was more looking for any current figures.
that wikipedia article is quite old.
Quote
The firm's private-company transactions, which totaled $100 million in 2009, quadrupled by 2010 to $400 million. Based on first-quarter results, SecondMarket could broker $1 billion in private-company shares in 20118

only found some interesting reviews of former employees:
http://www.glassdoor.com/Reviews/SecondMarket-Reviews-E432167.htm
and this article
http://techcrunch.com/2013/04/25/secondmarket-confirms-layoffs-to-have-leaner-cost-structure-become-break-even/

ehh...really sounds perfect for bitcoin  Tongue

edit:
http://www.inc.com/eric-markowitz/second-market-second-act-sec-ruling.html
http://betabeat.com/2013/04/layoffs-at-secondmarket-barry-silbert/
legendary
Activity: 1267
Merit: 1000
bucket shop?

Yes it's a bucket shop, a place where people go to make “side bets” on loans, scams and bankruptcy like a bookie for betting. It's perfect for Bitcoin.

Agree, reminds me of "boiler room".

I wouldn't touch any of those "investments" listed on wikipedia, guess they are on SecondMarket for a reason.
sr. member
Activity: 454
Merit: 250
Bitcoin ETF maybe?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
bucket shop?

Yes it's a bucket shop, a place where people go to make “side bets” on loans, scams and bankruptcy like a bookie for betting. It's perfect for Bitcoin.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
hero member
Activity: 770
Merit: 501
Maybe old news around here but someone might be trying to front-run this.



how big is this? I never heard of secondmarket before. Good sign though it's US and registered with SEC so they should have figured out the legal stuff.
legendary
Activity: 1778
Merit: 1008
what the heck is second market?
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Maybe old news around here but someone might be trying to front-run this.







legendary
Activity: 1168
Merit: 1000
Oh man i hate so much that 1.0 BTC bot that sells every 5 seconds, it's has been selling for weeks at the tops and the bottoms.

It seems that has an infinite supply of coins and is painting red all day my dear clarkmoody, please stoooop, you can't withdrawal dollars from Gox so don't sell  Cheesy Cheesy


Yes, I think people just ignore it at this point (as if it's already factored into the price).
legendary
Activity: 1904
Merit: 1002
Oh man i hate so much that 1.0 BTC bot that sells every 5 seconds, it's has been selling for weeks at the tops and the bottoms.

It seems that has an infinite supply of coins and is painting red all day my dear clarkmoody, please stoooop, you can't withdrawal dollars from Gox so don't sell  Cheesy Cheesy


Or maybe he can?

If he has enough funds to make arrangements with Gox (and selling 1 BTC/min seems to indicate he does), he will make bank on the arbitrage.

BTW, "someone" is also making corresponding buys on stamp. Wink
legendary
Activity: 1246
Merit: 1010
OMG I actually briefly unignored Walsoraj because he posted right after mine... stupid stupid stupid how can I get these seconds of my life back?  Sad

PS: I just slipped/pushed Gox 135.25 to 136.00 75 cents to buy 5 measly coins!  That's got to be a slippage record but I've finally gotten clean of that disaster  Smiley I'm thinking of b&h and going BTC information blackout for a few months, we'll see if I can resist :-)
hero member
Activity: 588
Merit: 500
We had a purebread Mau up until he passed away this year!
Funny to see people here talking about one...
i just scrolled through a lot of catpics and found just one existing breeder in my country. (it must be really very rare to find)
that's the most elegant and beautiful race I've ever seen.
sorry for your loss, must haven been an interesting experience having such an animal by your side...


...what am I doing here - i am talking about cats in the wallobserver thread....i have to delete this stuff tomorrow Cheesy


ehm I meant....1h chart looks quite bullish, inverse hammer forming....
time to rally a bit up and test 140 again Cool

i hope this sounded kind of right



Sorry for the OT everyone...

Thanks, very rare cat indeed. Ours was ~$5500 here in Canada several years ago...there are not many of those around that's why I was surprised to see people talking about Mau's.
 
He was a silver Mau with a prominent black Scarab on his forehead.
Very affectionate and his nickname was McLovin.

Now back to your regularly scheduled Wall Observing...
hero member
Activity: 686
Merit: 500
Ultranode
I don't understand why anybody would want a Mau. They are vicious, like a panther/tiger/lion in small cat form.
legendary
Activity: 1246
Merit: 1010
we've got an exponential rise "bubble" in mining hash rate forming http://blockchain.info/charts/hash-rate.  So blocks are being produced too often, every 7 minutes on average instead of every 10.  This is causing extra coins to to be minted and presumably some of those enter the marketplace.  Yet the price is flat or trending upwards.  So maybe 30% more coins then normal are being eaten by this "dead" market.  I haven't bothered to quantitatively calculate it. 

So what's gonna happen when the bubble "pops" and hash rate flatlines or even descends?  Shocked
hero member
Activity: 770
Merit: 501
We had a purebread Mau up until he passed away this year!
Funny to see people here talking about one...
i just scrolled through a lot of catpics and found just one existing breeder in my country. (it must be really very rare to find)
that's the most elegant and beautiful race I've ever seen.
sorry for your loss, must haven been an interesting experience having such an animal by your side...


...what am I doing here - i am talking about cats in the wallobserver thread....i have to delete this stuff tomorrow Cheesy


ehm I meant....1h chart looks quite bullish, inverse hammer forming....
time to rally a bit up and test 140 again Cool

i hope this sounded kind of right

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