Topic: [Withdraw MtGox] We should tie up MtGox's hands after MultiSig is implemented. - page 2. (Read 2608 times)
November 15, 2011, 11:03:36 AM
So they can sell coins out thin air.
November 15, 2011, 11:01:48 AM
I'm personally slowly moving from mtgox to another exchange for various reasons, however such cheap acussations aren't fair.
November 15, 2011, 11:00:44 AM
Everybody should try withdraw BTCs from MtGox,
I'm withdrawing all my funds from mtgox time to time and I have no problems with that at all. No delays.
However they're using cold storage, so if some big withdraw appear, it will probably need some time to load their wallet.
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I'm pretty sure the withdraws will delay , and the price will go up. 
You're pretty sure, but have no evidence for that.
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Because they didn't store Bitcoins on seperate Addresses ?
Why they should? Managing it is very impractical, for example it needs moving funds between wallets when trade happen. It's nonsense, keeping funds in central wallet and maintaining balances in database is much easier to implement.
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Because selling coins without transactions ? -- Today's trading volume bump, but transactions do not.
All trades are *inside* their trading platform, why the hell they should creating transactions on bitcoin network for them?
November 15, 2011, 10:37:17 AM
Everybody should try withdraw BTCs from MtGox,
I'm pretty sure the withdraws will delay , and the price will go up.
I'm pretty sure the withdraws will delay , and the price will go up.
November 15, 2011, 10:34:10 AM
Because they didn't store Bitcoins on seperate Addresses ?
Because selling coins without transactions ? -- Today's trading volume bump, but transactions do not.
They can sell as much as they can , while nobody withdraws ?
You tell me where the 300k BTCs sell-off come from ? at this low prices ?
Because selling coins without transactions ? -- Today's trading volume bump, but transactions do not.
They can sell as much as they can , while nobody withdraws ?
You tell me where the 300k BTCs sell-off come from ? at this low prices ?
November 15, 2011, 10:29:06 AM
I'm pretty sure MtGox is selling coins that we deposit on it
Why do you think?
November 15, 2011, 10:24:41 AM
I'm pretty sure MtGox is selling coins that we deposit on it, because there's no terms restricting them to do it.
I suggest after MultiSig is implemented,
we should force MtGox to store coins in the MultiSig Address that can only be spend with our agreement.
I suggest after MultiSig is implemented,
we should force MtGox to store coins in the MultiSig Address that can only be spend with our agreement.
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