withdrawal heard round the world | Bitcointalksearch.org

CryptoVortex

newbie

Activity: 34

Merit: 0

Quote from: thresher on February 20, 2014, 05:41:42 PM

So who was the person that originally attempted to withdraw funds from Mt Gox a few weeks ago and created this panic?
I know if I went to withdraw money from Mt Gox and I couldn't noone would give a shit so it had to be someone reputable.

There was not just one person who had trouble with withdrawals. Over the ~10 days before MtGox completely halted withdrawals, there was a growing chorus of account holders complaining that their withdrawals were not being processed. There is at least one huge thread here full of such complaints. A number of websites, including Coindesk, created polls that revealed hundreds of customers awaiting withdrawals totaling tens of thousands of BTC.

Gox's service was so bad for so long, that no one complaint could have raised any eyebrows.

pungopete468

hero member

Activity: 1470

Merit: 504

Quote from: roslinpl on February 20, 2014, 06:13:11 PM

Quote from: thresher on February 20, 2014, 06:11:18 PM

So they announced they were halting withdrawals and then everyone tried to withdraw and then complained? That doesn't make any sense.
I was under the impression that people were attempting to withdraw and gox was not allowing them, and then the gox community caught on and tried to salvage whatever they could for themselves, thus the shitstorm resulting in the price drops.

Probably some withdraw was malweared and they saw it and they stop withdraws

Or they got an eviction notice and decided to come up with some BS story about something they've been working around since day one and then funded the DoS attacks by dumping coins on BTC-e... They made the SHTF so they could dump coins with positive arbitrage on other exchanges to grab some temporary liquidity...

They attacked the Bitcoin protocol and placed all the blame on everybody else...

This is the time to buy anywhere but Gox. The turning point is coming quick...

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: thresher on February 20, 2014, 06:11:18 PM

So they announced they were halting withdrawals and then everyone tried to withdraw and then complained? That doesn't make any sense.
I was under the impression that people were attempting to withdraw and gox was not allowing them, and then the gox community caught on and tried to salvage whatever they could for themselves, thus the shitstorm resulting in the price drops.

Probably some withdraw was malweared and they saw it and they stop withdraws

thresher

hero member

Activity: 700

Merit: 500

So they announced they were halting withdrawals and then everyone tried to withdraw and then complained? That doesn't make any sense.
I was under the impression that people were attempting to withdraw and gox was not allowing them, and then the gox community caught on and tried to salvage whatever they could for themselves, thus the shitstorm resulting in the price drops.

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: g27wr on February 20, 2014, 05:54:24 PM

Quote from: thresher on February 20, 2014, 05:41:42 PM

So who was the person that originally attempted to withdraw funds from Mt Gox a few weeks ago and created this panic?
I know if I went to withdraw money from Mt Gox and I couldn't noone would give a shit so it had to be someone reputable.

They made an announcement that withdrawals were halted. I don't think it was any one person who raised the flag.

indeed. it was like mass range.

g27wr

full member

Activity: 221

Merit: 100

I like guns.

Quote from: thresher on February 20, 2014, 05:41:42 PM

So who was the person that originally attempted to withdraw funds from Mt Gox a few weeks ago and created this panic?
I know if I went to withdraw money from Mt Gox and I couldn't noone would give a shit so it had to be someone reputable.

They made an announcement that withdrawals were halted. I don't think it was any one person who raised the flag.

thresher

hero member

Activity: 700

Merit: 500

So who was the person that originally attempted to withdraw funds from Mt Gox a few weeks ago and created this panic?
I know if I went to withdraw money from Mt Gox and I couldn't noone would give a shit so it had to be someone reputable.

Topic: withdrawal heard round the world (Read 1355 times)