Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32789. (Read 26632065 times)
August 05, 2013, 08:01:22 AM
August 05, 2013, 07:01:10 AM
August 05, 2013, 06:01:15 AM
August 05, 2013, 05:01:09 AM
August 05, 2013, 04:20:05 AM
Yes. Lots of good news, but significant gaps, like no mention of how the FinCen MSB registration process is going, or why accounts with several banks are not up and running. Do all their banks have the same trick of hanging onto deposits for 7-10 days??
A wire transfer can be 'recalled' and reversed under certain circumstances. I tried looking for information on this subject but it's hard to find. I know they can definitely be reversed.
I suspect this 7 day waiting period is a condition of doing business and processing wires for MtGox.
As they say in the press release they have been burned in the past and it's probably down to people sending wires to MtGox from hacked online bank accounts. The sending bank will need to refund the customer and they will do anything they can to 'recall' the wire.
Mitigating fraud is a good thing.
Edit : I found this link on the subject of wire recalls : http://wellsfargobankfinalfailure.blogspot.com/2008/07/bankings-final-failure-recall-of-wire.html
Wires used to be a 100% guaranteed payment, it seems that since a few years ago this is not the case and it's up to the banks.
August 05, 2013, 04:01:31 AM
August 05, 2013, 03:01:54 AM
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
August 05, 2013, 02:31:58 AM
mtgox selling a worsening of deposits as 'a relief'. lol 
Glad I'm out of there.
Glad I'm out of there.
August 05, 2013, 02:01:24 AM
August 05, 2013, 01:18:13 AM
Yes. Lots of good news, but significant gaps, like no mention of how the FinCen MSB registration process is going, or why accounts with several banks are not up and running. Do all their banks have the same trick of hanging onto deposits for 7-10 days??
did not mention anything with withdraw at all!!!
Wow, this is new. Interesting bank... (Good news with Akamai though...) - read rest of release.
Quote
Deposits and Withdrawal Update Finally, the issues with deposits and withdrawals from Mt. Gox are being relieved, but still not at the rate we want. For example it currently takes up to 10 days to process a deposit because our bank, upon receiving deposits, notifies us of the deposit but holds them for 7~10 days before transferring them to our account. This has always been the case, and we were still crediting customer accounts before receiving the funds ourselves, but some cases in which the bank subsequently rejected the deposits meant that we incurred significant losses. The risk is now too high for us to credit accounts prematurely. We are in the process of forming relationships with new partners, banks, and taking other steps -- hopefully we will not only be back where we were before we encountered these issues , but much further ahead.
August 05, 2013, 01:01:14 AM
August 05, 2013, 12:38:03 AM
Yes. Lots of good news, but significant gaps, like no mention of how the FinCen MSB registration process is going, or why accounts with several banks are not up and running. Do all their banks have the same trick of hanging onto deposits for 7-10 days??
did not mention anything with withdraw at all!!!
August 05, 2013, 12:33:29 AM
Yes. Lots of good news, but significant gaps, like no mention of how the FinCen MSB registration process is going, or why accounts with several banks are not up and running. Do all their banks have the same trick of hanging onto deposits for 7-10 days??
August 05, 2013, 12:27:41 AM
August 05, 2013, 12:11:23 AM
Best investment ever , is to spend your bitcoins into the economy 
i think i'm going to buy some, looks good O_O
now i have a reason to send money to virtex
i think i'm going to buy some, looks good O_O
now i have a reason to send money to virtex
Bought the assorted 1lb near the end of the last week....got them priority 2day mail yesterday. They're really good.
ya it all looks like gr8 products!
August 05, 2013, 12:01:09 AM
August 04, 2013, 11:39:23 PM
Best investment ever , is to spend your bitcoins into the economy
i think i'm going to buy some, looks good O_O
now i have a reason to send money to virtex
i think i'm going to buy some, looks good O_O
now i have a reason to send money to virtex
Bought the assorted 1lb near the end of the last week....got them priority 2day mail yesterday. They're really good.
August 04, 2013, 11:20:18 PM
August 04, 2013, 11:19:27 PM
i bought some stuff from here, the store is called Wholly Hemp and they offer some nice products. The soap is actually unreal, I use it every day. lip balm is good, they actually mailed me another one since they sent me the wrong one, at my disapproval (shipping and packaging). The hair stuff I can't recommend, but maybe that's just my stiff thick asian hair speaking. anyway, 25% of profits go to charity!
Now is the time to buy bitcoin not soap.
August 04, 2013, 11:14:39 PM
Best investment ever , is to spend your bitcoins into the economy
i think i'm going to buy some, looks good O_O
now i have a reason to send money to virtex
i think i'm going to buy some, looks good O_O
now i have a reason to send money to virtex
i bought some stuff from here, the store is called Wholly Hemp and they offer some nice products. The soap is actually unreal, I use it every day. lip balm is good, they actually mailed me another one since they sent me the wrong one, at my disapproval (shipping and packaging). The hair stuff I can't recommend, but maybe that's just my stiff thick asian hair speaking. anyway, 25% of profits go to charity! they earned my business
https://bitcointalksearch.org/topic/wholly-hemp-all-natural-skin-care-products-247289
I give it til noon EST that we break $110 on Gox
EST or EDT?
https://bitcointalk.org/index.php?topic=263445.msg2841898;topicseen#msg2841898
ohh bitcoin shenanigans, of course.
but for shits and giggles, 12 hours from the time of my post
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