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Bitcoin => Bitcoin Discussion => Topic started by: Oldminer on June 23, 2011, 04:02:25 AM



Title: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Oldminer on June 23, 2011, 04:02:25 AM
[Update June 23 - 03:45 GMT] T-Minus 23 Hours and 15 Minutes until Launch.  
 
Users with reclaimed accounts will be able to login to Mt.Gox on Friday June 24th at 3:00 GMT (12:00 JST). Once you are logged back into the Mt.Gox site you will be able to withdraw and deposit funds as per usual. You will not be able to trade initially, but we plan to activate trading within an hour of the site being up (4:00 GMT)
 
Between now and tomorrow at 3:00 GMT you should receive an email with instructions on how to access your account, provided you have successfully completed the reclaim process at claim.mtgox.com.

https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback

 8)


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: NO_SLAVE on June 23, 2011, 04:09:02 AM
thats 3:00 AM GMT or 10 pm EST


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: proudhon on June 23, 2011, 04:11:14 AM
Yay.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: geek-trader on June 23, 2011, 04:32:30 AM
thats 3:00 AM GMT or 10 pm EST

Isn't it 11pm EST?


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: muscles on June 23, 2011, 04:36:05 AM
does anyone else expect the btc value to jump up after that?


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 04:39:57 AM
...
https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback

 8)

Wow, I stayed away < 1 hour and found good news on arrival.  :)
Thanks for the update Oldminer.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: NO_SLAVE on June 23, 2011, 04:42:04 AM
thats 3:00 AM GMT or 10 pm EST

Isn't it 11pm EST?


NO, its 11:00 EDT


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: geek-trader on June 23, 2011, 04:44:09 AM

you are correct, sir!


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 04:52:16 AM
This is the time now:
4:50am Thursday (GMT) - Time in GMT

So login is < 23 hours and trading < 24 hours


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 05:14:26 AM
Yay.

I'll add this here, we have enough threads:

Free and reduced trade commissions at MtGox!

[Update June 23 - 03:45 GMT]

We realize that it will take many steps and vastly improved security to regain the trust of our users and the bitcoin community, but for now as a token of our gratitude for the extreme patience our users have shown, and as a way of saying we sincerely sorry for the breach of security that lead to the sell-off, we will be reducing trade fees to 0.3% (from 0.65%) for two weeks following Mt.Gox's reopening.

Users who's trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step security authentication feature for as long as they hold their account.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: GeniuSxBoY on June 23, 2011, 05:22:00 AM
free trades for me!!! thank god I had an order placed at $10.59 from like 3 weeks ago


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: d.james on June 23, 2011, 05:33:29 AM
free trades for me!!! thank god I had an order placed at $10.59 from like 3 weeks ago

It's probably a better deal if you get to keep those coins bought @ 10.59


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: mjsbuddha on June 23, 2011, 05:41:15 AM
Yay.

I'll add this here, we have enough threads:

Free and reduced trade commissions at MtGox!

[Update June 23 - 03:45 GMT]

We realize that it will take many steps and vastly improved security to regain the trust of our users and the bitcoin community, but for now as a token of our gratitude for the extreme patience our users have shown, and as a way of saying we sincerely sorry for the breach of security that lead to the sell-off, we will be reducing trade fees to 0.3% (from 0.65%) for two weeks following Mt.Gox's reopening.

Users who's trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step security authentication feature for as long as they hold their account.

are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Oldminer on June 23, 2011, 05:47:50 AM


are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.

Didn't Tux say in his interview that this would be free to all subscribers?


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Slimquick on June 23, 2011, 05:49:03 AM
On June 21, after initiating the verification process, I received an e-mail stating that my account was pending review; I haven't received any other e-mails, yet. Supposing the exchange is going to open in around the next 24 hours, should I be concerned?


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: ones51 on June 23, 2011, 05:49:59 AM
I speculate big dump when trading begins so everyone set your buy at 5 bucks!!!!! Ok I'm delusional.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: mjsbuddha on June 23, 2011, 05:52:47 AM


are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.

Didn't Tux say in his interview that this would be free to all subscribers?

if that's the case, he just worded it very poorly. the way he worded it suggests its free to users that made trades during the sell off and others will have to pay.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 05:59:04 AM


are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.

Didn't Tux say in his interview that this would be free to all subscribers?

Maybe you and mjsbuddha are both right: You pay for a subscription, and then it is free to all subscribers?
Whatever, Paypal charges $5 for a security upgrade, but it's a one time fee.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: geek-trader on June 23, 2011, 05:59:29 AM
On June 21, after initiating the verification process, I received an e-mail stating that my account was pending review; I haven't received any other e-mails, yet. Supposing the exchange is going to open in around the next 24 hours, should I be concerned?

I'm in the same boat.  I'm going to bed soon (PDT), and if there's no email when I wake up, I'll contact them then.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 06:01:51 AM
On June 21, after initiating the verification process, I received an e-mail stating that my account was pending review; I haven't received any other e-mails, yet. Supposing the exchange is going to open in around the next 24 hours, should I be concerned?

I'm in the same boat.  I'm going to bed soon (PDT), and if there's no email when I wake up, I'll contact them then.

Those did not get sent yet afaik, did anyone get the second email?
It allows you to log in (I think), so you might not receive until the final countdown.


EDIT:
The answer is in the OP, please pay attention to detail:  :D
Between now and tomorrow at 3:00 GMT you should receive an email with instructions on how to access your account, provided you have successfully completed the reclaim process at claim.mtgox.com.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Noam on June 23, 2011, 06:08:45 AM
does anyone else expect the btc value to jump up after that?

I am not sure about a jump immediately after MTGOX opens, but I think a significant increase can definitely be expected in the longer run, due to BTC's incredible exhibition of immunity to a rare and possibly deliberate chain of horrible incidents...  Heck.. price is over USD $15 now, even before MTGOX re-opened...



Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Oldminer on June 23, 2011, 06:20:37 AM

Maybe you and mjsbuddha are both right: You pay for a subscription, and then it is free to all subscribers?
Whatever, Paypal charges $5 for a security upgrade, but it's a one time fee.

Well no I dont think its badly worded. What I'm saying is Tux said verbally he would be providing this solution free to all subscribers, but hes changed that stance according to this latest announcement (ie it is now only going to be free for users who's trades were effectively cancelled during the the sell-off)?

And Paypal actually provided the RSA tokens FREE when they were first integrated into their system, for ALL paypal users. It was later that they introduced a fee for new subscribers. I still pay nothing for the token they gave me.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 06:32:57 AM

Maybe you and mjsbuddha are both right: You pay for a subscription, and then it is free to all subscribers?
Whatever, Paypal charges $5 for a security upgrade, but it's a one time fee.

Well no I dont think its badly worded. What I'm saying is Tux said verbally he would be providing this solution free to all subscribers, but hes changed that stance according to this latest announcement (ie it is now only going to be free for users who's trades were effectively cancelled during the the sell-off)?

And Paypal actually provided the RSA tokens FREE when they were first integrated into their system, for ALL paypal users. It was later that they introduced a fee for new subscribers. I still pay nothing for the token they gave me.


Well, let's get on the same page:

...solution free to all subscribers...
What does that mean to you, they never had subscribers (ie monthly payments), do you mean existing members?


Paypal:
I was talking about this from 2007 for $5
Paypal Authentication Gets a Security Boost
http://geeksaresexy.blogspot.com/2007/01/paypal-authentication-gets-boost.html

http://3.bp.blogspot.com/_Ojs5aKFrJKQ/RawqxFtYhRI/AAAAAAAAANQ/0rKrmMoZwLU/s200/paypal_security_key.jpg

It was never free (back then) for common or premium, only Business.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Oldminer on June 23, 2011, 06:38:21 AM

...solution free to all subscribers...
What does that mean to you, they never had subscribers (ie monthly payments), do you mean existing members?


I understood that to mean everyone that had an account/was listed as trading through MtGox. And yes I mean existing prior to the hack.



Paypal:
I was talking about this from 2007 for $5

http://3.bp.blogspot.com/_Ojs5aKFrJKQ/RawqxFtYhRI/AAAAAAAAANQ/0rKrmMoZwLU/s200/paypal_security_key.jpg

It was never free (back then) for common or premium, only Business.


Ah, yes your right. I was a business customer when these tokens were first introduced. My bad.


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 06:44:43 AM
OK, we are on the same page now.

#1) I don't know, looks like they want a monthly fee...
#2) Mine is temporarily disabled, and Paypal switched to "The credit-card size PayPal Security Key is currently available for $29.95,"
do you know if this..
http://3.bp.blogspot.com/_Ojs5aKFrJKQ/RawqxFtYhRI/AAAAAAAAANQ/0rKrmMoZwLU/s200/paypal_security_key.jpg
...can be reactivated, are they still in use?


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Oldminer on June 23, 2011, 06:46:37 AM

Thats the exact same key I currently use so yea


Title: Re: MtGox - T-Minus 23 Hours and 15 Minutes until Launch
Post by: Bit_Happy on June 23, 2011, 06:48:07 AM

Thats the exact same key I currently use so yea

Cool, after the recent events I might as well use it again.