Bitcoin Forum

Economy => Speculation => Topic started by: Kazu on April 12, 2013, 04:09:47 AM



Title: Gox Owes Me Coins.
Post by: Kazu on April 12, 2013, 04:09:47 AM
I had a SELL order at $150
I had a BUY order at $100 for 1.5 times as many coins.

Where are the coins?

GONE.

Where is the USD?

GONE.

WTF??


Title: Re: Gox Owes Me Coins.
Post by: Crazy on April 12, 2013, 04:11:27 AM
If my USD isn't on Gox when they get back up someone's losing the ability to walk.


Title: Re: Gox Owes Me Coins.
Post by: HappyBitCoinUser on April 12, 2013, 04:11:42 AM
http://www.numbersleuth.org/trends/wp-content/uploads/2013/02/Losing_Money.jpg


Title: Re: Gox Owes Me Coins.
Post by: Krabby on April 12, 2013, 04:13:06 AM
I would like to know how you know this.


Title: Re: Gox Owes Me Coins.
Post by: Kazu on April 12, 2013, 04:25:09 AM
I would like to know how you know this.

How do I know this?

Simple. I sell at $150. Price when I put the order in? $140, on the rise. I no longer can access Gox.

Look at Clarkmoody:
http://bitcoin.clarkmoody.com/widget/chart/

At 12:00:00 my order SHOULD have been executed.

Now? Price $98. Must have gone through $100, to reach $98, right? My buy order at $100 must have been executed.

But where are they now? GONE.

Fortunately I wasn't a big enough idiot to stick all my coins there, but there was thousands of dollars of coins in there. I'm not gonna let them get away with this.


Title: Re: Gox Owes Me Coins.
Post by: Crazy on April 12, 2013, 04:26:09 AM
Gox being offline is very unnerving. Only the worst comes to mind... close up shop, disappear with the loot. Hope I'm wrong.


Title: Re: Gox Owes Me Coins.
Post by: GeniuSxBoY on April 12, 2013, 04:29:22 AM
Gox is like Walmart


http://dealarchitect.typepad.com/.a/6a00d8345190da69e201053597c35c970c-320wi


Title: Re: Gox Owes Me Coins.
Post by: Jrock on April 12, 2013, 04:30:51 AM

Haha


Title: Re: Gox Owes Me Coins.
Post by: warpio on April 12, 2013, 04:32:56 AM
Gox got Cyprus'd


Title: Re: Gox Owes Me Coins.
Post by: Kazu on April 12, 2013, 04:41:09 AM
Conspiracy Theory Time:

Remember how the price was constantly going up while Gox was down?

Thats because Gox was buying/stealing coins.

Their goal is to constantly bounce the coins, selling at $150+ and buying at $100 or lower so they can constantly accumulate more coins while keeping the price above $100. Perhaps why they made commission $0, because they were making so much this way anyways?

But people, (like me) tried to do the same thing, so they shut the thing down, wait for everybody to panic, then start over again.

They profit off of uncertainty while they accumulate more and more bitcoins to perpetuate the volatility more and more.


Title: Re: Gox Owes Me Coins.
Post by: xavier on April 12, 2013, 04:46:55 AM
I had a SELL order at $150
I had a BUY order at $100 for 1.5 times as many coins.

Where are the coins?

GONE.

Where is the USD?

GONE.

WTF??

This is why you shouldnt use LIMIT or STOP LOSS orders or any other automated order system. Make the trades yourself


Title: Re: Gox Owes Me Coins.
Post by: Kazu on April 12, 2013, 04:48:19 AM
I had a SELL order at $150
I had a BUY order at $100 for 1.5 times as many coins.

Where are the coins?

GONE.

Where is the USD?

GONE.

WTF??

This is why you shouldnt use LIMIT or STOP LOSS orders or any other automated order system. Make the trades yourself

Yea, make the trades manually on 5 minute lag, sounds legit.


Title: Re: Gox Owes Me Coins.
Post by: Kazu on April 12, 2013, 06:02:21 AM
Service up and running. My money? Coins? Dollars? Nowhere.

Take your bitcoins and run people. These guy are outright stealing them now. Keep them in your walet. Go to another exchange. Put them into a paper wallet and hide that under your bed. DO SOMETHING.


Title: Re: Gox Owes Me Coins.
Post by: M4v3R on April 12, 2013, 06:08:22 AM
Tell it to people who deposited more than $10000 on them. If you're not verified leaving Gox is extremaly time consuming.


Title: Re: Gox Owes Me Coins.
Post by: Kazu on April 12, 2013, 06:10:57 AM
Tell it to people who deposited more than $10000 on them. If you're not verified leaving Gox is extremaly time consuming.

Then take your coins out. Exchange your fiat then exchange it back again in a different exchange. THEY STOLE MYY MONEY!


Title: Re: Gox Owes Me Coins.
Post by: doobadoo on April 12, 2013, 06:14:58 AM
Gox being offline is very unnerving. Only the worst comes to mind... close up shop, disappear with the loot. Hope I'm wrong.

And sell all those bitcoins where?   Wait for some one to start up the Blood Wars Online Xchange?


Title: Re: Gox Owes Me Coins.
Post by: losangeles on April 12, 2013, 06:37:11 AM
Tell it to people who deposited more than $10000 on them. If you're not verified leaving Gox is extremaly time consuming.

Then take your coins out. Exchange your fiat then exchange it back again in a different exchange. THEY STOLE MYY MONEY!

i was just noticing the same thing.  :-\

edit: actually they haven't credited a transfer from btc-e with 30 confirmations


Title: Re: Gox Owes Me Coins.
Post by: Kazu on April 12, 2013, 06:40:01 AM
Tell it to people who deposited more than $10000 on them. If you're not verified leaving Gox is extremaly time consuming.

Then take your coins out. Exchange your fiat then exchange it back again in a different exchange. THEY STOLE MYY MONEY!

i was just noticing the same thing.  :-\

They stole your money too?

We must get the word out. Gox is downright stealing money. Not lagging. Not manipulating. STEALING.


Title: Re: Gox Owes Me Coins.
Post by: losangeles on April 12, 2013, 06:46:56 AM
Tell it to people who deposited more than $10000 on them. If you're not verified leaving Gox is extremaly time consuming.

Then take your coins out. Exchange your fiat then exchange it back again in a different exchange. THEY STOLE MYY MONEY!

i was just noticing the same thing.  :-\

They stole your money too?

We must get the word out. Gox is downright stealing money. Not lagging. Not manipulating. STEALING.

something definitely happened, i need to look at my notes which are at work. i believe they just haven't credited a BTC deposit.


Title: Re: Gox Owes Me Coins.
Post by: ruski on April 12, 2013, 07:22:22 AM
My cash and coins are still present and accounted for, on my end. ::)


Title: Re: Gox Owes Me Coins.
Post by: Qoheleth on April 12, 2013, 07:25:04 AM
Everyone who's hitting these issues, what does your history look like? Is there any indication as to when your money vanishes?


Title: Re: Gox Owes Me Coins.
Post by: losangeles on April 12, 2013, 07:46:16 AM
Everyone who's hitting these issues, what does your history look like? Is there any indication as to when your money vanishes?

for me, there's a btc withdrawal on btc-e, blockchain shows the transaction at 35 confirmations, but no corresponding credit to the gox account.  it would have hit around the time mtgox was down (for the second time, about an hour after resuming trades). 

anyone have insight on this?  it was a relatively small amount but it does make me realize the level of trust we're placing in a company against whom we have no legal recourse.


Title: Re: Gox Owes Me Coins.
Post by: HappyBitCoinUser on April 12, 2013, 07:59:04 AM
Everyone who's hitting these issues, what does your history look like? Is there any indication as to when your money vanishes?

for me, there's a btc withdrawal on btc-e, blockchain shows the transaction at 35 confirmations, but no corresponding credit to the gox account.  it would have hit around the time mtgox was down (for the second time, about an hour after resuming trades). 

anyone have insight on this?  it was a relatively small amount but it does make me realize the level of trust we're placing in a company against whom we have no legal recourse.

Seems you got the financial 'hair cut'.


Title: Re: Gox Owes Me Coins.
Post by: shibaji on April 12, 2013, 08:01:27 AM
Gox debit/credit both are extremely slow now.


Title: Re: Gox Owes Me Coins.
Post by: losangeles on April 12, 2013, 08:04:40 AM
Everyone who's hitting these issues, what does your history look like? Is there any indication as to when your money vanishes?

for me, there's a btc withdrawal on btc-e, blockchain shows the transaction at 35 confirmations, but no corresponding credit to the gox account.  it would have hit around the time mtgox was down (for the second time, about an hour after resuming trades). 

anyone have insight on this?  it was a relatively small amount but it does make me realize the level of trust we're placing in a company against whom we have no legal recourse.

Seems you got the financial 'hair cut'.

i've never been in a position to receive a financial haircut before. truly, i have arrived.  8)


Title: Re: Gox Owes Me Coins.
Post by: MikeH on April 12, 2013, 08:08:12 AM
I placed a couple of orders while it was lagging last night, they appeared straight away in the web interface but when refreshing it tries to fetch your current orders again and it took forever, like they didn't exist.


Title: Re: Gox Owes Me Coins.
Post by: wopwop on April 12, 2013, 08:13:41 AM
gox owes me imaginary profits of a 1000$ per bitcoin wtf


Title: Re: Gox Owes Me Coins.
Post by: CliffordM on April 12, 2013, 11:27:04 AM
New orders are immediately queued in a FIFO queue -- which is a very cheap operation.

They are then taken out of this queue, and matched in the orderbook.

When this queue is very long, there is a considerable delay between submitting your order and, that order getting matched, so it can appear that (for example) the market price is well bid at $150 , you submit a 'sell at $130$ order, and then you see the market trade at $100, your order not executed.


Gox need to indicate WHEN there is a fast-market , and ideally estimate and publish the lag.



Title: Re: Gox Owes Me Coins.
Post by: SkRRJyTC on April 12, 2013, 11:37:13 AM
New orders are immediately queued in a FIFO queue -- which is a very cheap operation.

They are then taken out of this queue, and matched in the orderbook.

When this queue is very long, there is a considerable delay between submitting your order and, that order getting matched, so it can appear that (for example) the market price is well bid at $150 , you submit a 'sell at $130$ order, and then you see the market trade at $100, your order not executed.


Gox need to indicate WHEN there is a fast-market , and ideally estimate and publish the lag.



https://data.mtgox.com/api/1/generic/order/lag