Bitcoin Forum

Economy => Trading Discussion => Topic started by: michaelmclees on June 25, 2011, 03:39:31 PM



Title: MtGox OPEN
Post by: michaelmclees on June 25, 2011, 03:39:31 PM
Not open for business yet... but it's a start.


Title: Re: MtGox OPEN
Post by: marvinmartian on June 25, 2011, 03:42:05 PM
In what sense is it "open?"  I see the same status message as last night ... that they were going to open the site as of 1500 GMT (about 40 minutes ago).

I'm new to mtgox (post hack) and want to get some funds in there before trading opens.


Title: Re: MtGox OPEN
Post by: Seuros on June 25, 2011, 03:45:33 PM
What the aim of opening a exchange if the business!
I think they lost something more serious! Maybe the hacker deleted their backups as well! That will be the end of Mark!


Title: Re: MtGox OPEN
Post by: iBug on June 25, 2011, 03:46:00 PM
Take a look at their tagline/description in the yellow band on the top of their front page:
Quote
Buy and Sell Bitcoins. Fully automated, always available, 24 hours a day, Safe and Easy.
They have included some errors in that statement - can you find them ?


Title: Re: MtGox OPEN
Post by: Nagle on June 25, 2011, 03:46:07 PM
Looks like they redirected the site back from the outsourced help desk page at Zendesk to their own site. But
under "Trade Data" (https://mtgox.com/trade/history), it just says "Data will be back shortly".


Title: Re: MtGox OPEN
Post by: michaelmclees on June 25, 2011, 03:47:15 PM
In what sense is it "open?"  I see the same status message as last night ... that they were going to open the site as of 1500 GMT (about 40 minutes ago).

I'm new to mtgox (post hack) and want to get some funds in there before trading opens.

Go to mtgox.com.  Don't refresh the support page.

What the aim of opening a exchange if the business!
I think they lost something more serious! Maybe the hacker deleted their backups as well! That will be the end of Mark!

Are you a simpleton or something?


Title: Re: MtGox OPEN
Post by: marvinmartian on June 25, 2011, 03:53:41 PM
Not sure about other folks but browser is stuck spinning "waiting for mtgox.com."  Perhaps we can place a wager on whether or not they'll push back trading again.

Is gambling legal with bitcoins?  ;-)


Title: Re: MtGox OPEN
Post by: marvinmartian on June 25, 2011, 03:57:35 PM
Now it keeps telling me my login and password are invalid and the "forgot password" page is unavailable.

Thing is, I keep my pw stored in an encrypted file on my HD.  So I'm not mis-typing it.

Are they not enabling accounts that registered post hack?

Grrrrrrrrrrrr.


Title: Re: MtGox OPEN
Post by: Rob P. on June 25, 2011, 03:57:49 PM
I just withdrew all my Bitcoins from Mt. Gox, already saw it show up in my client 0/unconfirmed, but it happened instantly.

So, pieces are working.  Trading isn't open yet.


Title: Re: MtGox OPEN
Post by: spruce on June 25, 2011, 03:59:02 PM
I logged in. Balance is OK. It says trade not open yet.


Title: Re: MtGox OPEN
Post by: Nagle on June 25, 2011, 04:01:09 PM
I logged in. Balance is OK. It says trade not open yet.
Get your money out now. You can always put it back later.


Title: Re: MtGox OPEN
Post by: spruce on June 25, 2011, 04:05:12 PM
I logged in. Balance is OK. It says trade not open yet.
Get your money out now. You can always put it back later.

I already did! :)


Title: Re: MtGox OPEN
Post by: hamdi on June 25, 2011, 04:05:39 PM
i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com


Title: Re: MtGox OPEN
Post by: ian2000gsxr on June 25, 2011, 04:08:05 PM
they must be getting slammed, won't load for me


Title: Re: MtGox OPEN
Post by: Tijs on June 25, 2011, 04:37:39 PM
The site seems slow, but works. Just waiting for trading to open.

So, while we're all waiting for MtGox to open trading: What are you planning to do once the exchange opens?

For me: I still have some money in MtGox, and I hope that the price will initially go down; grab some cheap bitcoins.
What about the rest of you?


Title: Re: MtGox OPEN
Post by: dinzy on June 25, 2011, 04:42:31 PM
I am going to try to buy at modest prices.  Clearer heads have prevailed so far and I see no reason why they wont continue to do so.


Title: Re: MtGox OPEN
Post by: jjVon on June 25, 2011, 04:49:20 PM
I was relieved to be able to log in with my new password set up several days ago.  BTC and USD balances look to be good.  It even shows a deposit I made while they were down.  All indications seem to be good.  Looking forward to the extreme radical behavior of the buyers and sellers.  the panic, the manic, and the stealthful tigers who will profit from them all... I wonder which one I will be?


Title: Re: MtGox OPEN
Post by: marvinmartian on June 25, 2011, 05:19:22 PM
I had to create a new account since it wouldn't let me log into my old one.

Now I'm just sitting around waiting for the BTC I sent (an hour ago) to show up so I can join the frenzy.

EDIT:  and an hour or two later ... couldn't log into that new account either.  ;-(


Title: Re: MtGox OPEN
Post by: dumb_mother on June 25, 2011, 07:25:49 PM
i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume


Title: Re: MtGox OPEN
Post by: marvinmartian on June 25, 2011, 07:30:25 PM
i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.


Title: Re: MtGox OPEN
Post by: dumb_mother on June 25, 2011, 07:43:58 PM
i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS


Title: Re: MtGox OPEN
Post by: marvinmartian on June 25, 2011, 08:19:40 PM
i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.


Title: Re: MtGox OPEN
Post by: dumb_mother on June 25, 2011, 09:53:58 PM
i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.

your PS is not really correct at all.  bringing more volume to the exchange that already has the most volume effectively stabilizes prices more.  in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).  

as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50

i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.


Title: Re: MtGox OPEN
Post by: marvinmartian on June 25, 2011, 10:18:40 PM
How about we bet on percentage growth over the next three months?

i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.

your PS is not really correct at all.  bringing more volume to the exchange that already has the most volume effectively stabilizes prices more.  in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).  

as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50

i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.


Title: Re: MtGox OPEN
Post by: TurboK on June 25, 2011, 10:36:38 PM
The site seems slow, but works. Just waiting for trading to open.

So, while we're all waiting for MtGox to open trading: What are you planning to do once the exchange opens?

For me: I still have some money in MtGox, and I hope that the price will initially go down; grab some cheap bitcoins.
What about the rest of you?
The same thing we do every night, Pinky. Try to take over the world!

Also, buy at low, sell at high.


Title: Re: MtGox OPEN
Post by: dumb_mother on June 26, 2011, 04:41:17 AM
so you'd like to bet on effectively the market share of volume that mtgox has pre-event vs 3 months post event, well if this is the bet you'd like lmk i'll think about the numbers and get back to you- i do feel like things are clearly weighted against mtgox because along with this incident they have to swallow the fact that other sites (th comes to mind) have lower fees... but then again that only will be the case for 2 out of the 3 months to come because for the next month mtgox is free or .3%.... verify that this is the bet you are interested in, and if you can lay odds otherwise i'll think about it and come back at you with odds- i just have to make sure we both are talking the same bet.

How about we bet on percentage growth over the next three months?

i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.

your PS is not really correct at all.  bringing more volume to the exchange that already has the most volume effectively stabilizes prices more.  in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).  

as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50

i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.