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Topic: Why doesn't gox have money in their Dwolla????? - page 2. (Read 2671 times)

sr. member
Activity: 448
Merit: 251
Bitcoin
You know this is how bank runs are started... a post like this leads to a massive sell and withdraw attempts from said organization.    Even if it's not the case,  it will become the case if enough people believe that Mt. Gox has no money.

I'm not trying to tell you what to say,  but honestly a single post like this could spread to a disaster,  when there was no disaster in the first place.



    
hero member
Activity: 812
Merit: 510
I made a transfer from gox to dwolla 24 hours ago and it was processed in under 15 minutes, again today...so they have money in there? Maybe?

I'd be immediately suspicious that the new guy is trying to start a panic about Mt Gox.

I wish him luck because one of my strategies (for world domination or whatever) is build loosely around this happening. But I've pretty much given up on that.  At this point, Mt Gox is so big that even if they were crooks they would likely be terrified of executing a B7 end-game or even worse, that they get legitimately robbed because nobody is going to believe them.


I'm not trying to start panic, the total of my transactions was ~$300 USD, so maybe they're giving smaller withdrawals out first? I don't know, but we should get someone from Gox in here to explain why this might be.
legendary
Activity: 4690
Merit: 1276
I made a transfer from gox to dwolla 24 hours ago and it was processed in under 15 minutes, again today...so they have money in there? Maybe?

I'd be immediately suspicious that the new guy is trying to start a panic about Mt Gox.

I wish him luck because one of my strategies (for world domination or whatever) is build loosely around this happening. But I've pretty much given up on that.  At this point, Mt Gox is so big that even if they were crooks they would likely be terrified of executing a B7 end-game or even worse, that they get legitimately robbed because nobody is going to believe them.
hero member
Activity: 812
Merit: 510
I made a transfer from gox to dwolla 24 hours ago and it was processed in under 15 minutes, again today...so they have money in there? Maybe?
legendary
Activity: 4690
Merit: 1276
Now Bitcoins are at 4$...

edit 4.16

But I watched Immanuel Goob's youtube vid last night and he said BTC would never go down.  How can this be???
full member
Activity: 238
Merit: 100
Now Bitcoins are at 4$...

edit 4.16
full member
Activity: 238
Merit: 100
We have to wait until they transfer funds in.
Also, there is no reason the dwolla account cant go negative right?
Gox stated they don't have money in their dwolla, and they are waiting for some to transfer in.
This sounds like a newly opened exchange, not one with the most experience by far.
Hopefully they-
1) Have the money still.
2) Trust Dwolla more than it looks like.
3) Hurry it up.

The only way to avoid Dwolla reversing an ACH is to pull the money out of Dwolla right away.  Dwolla can't deduct from a 0 balance.  TradeHill learned that the hard way.  And unfortunately if Dwolla continues the policy of subtracting money from your account in event of a dispute, then I wouldn't leave any balance there either.


newbie
Activity: 16
Merit: 0
I transferred money out of Gox to Dwolla on Wednesday night (5th) and its still not in my account.   Anyone know wtf is going on?
They don't have the money in the account.



So how do I get paid?  Or is mtgox playing games?
full member
Activity: 238
Merit: 100
I transferred money out of Gox to Dwolla on Wednesday night (5th) and its still not in my account.   Anyone know wtf is going on?
They don't have the money in the account.
newbie
Activity: 16
Merit: 0
I transferred money out of Gox to Dwolla on Wednesday night (5th) and its still not in my account.   Anyone know wtf is going on?
hero member
Activity: 742
Merit: 500
Gox stated they don't have money in their dwolla, and they are waiting for some to transfer in.
This sounds like a newly opened exchange, not one with the most experience by far.
Hopefully they-
1) Have the money still.
2) Trust Dwolla more than it looks like.
3) Hurry it up.

The only way to avoid Dwolla reversing an ACH is to pull the money out of Dwolla right away.  Dwolla can't deduct from a 0 balance.  TradeHill learned that the hard way.  And unfortunately if Dwolla continues the policy of subtracting money from your account in event of a dispute, then I wouldn't leave any balance there either.

full member
Activity: 238
Merit: 100
Gox stated they don't have money in their dwolla, and they are waiting for some to transfer in.
This sounds like a newly opened exchange, not one with the most experience by far.
Hopefully they-
1) Have the money still.
2) Trust Dwolla more than it looks like.
3) Hurry it up.
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