Bitcoin Forum

Economy => Service Discussion => Topic started by: oyvinds on August 14, 2013, 05:18:33 PM



Title: MtGox Will Surely Deliver? VOTE
Post by: oyvinds on August 14, 2013, 05:18:33 PM
Reading list before you vote (I advise you to pop some popcorn beforehand):

MtGox withdrawal delays [Gathering]
https://bitcointalk.org/index.php?topic=179586.

Mt.Gox/Bitstamp sustained spread reaches all time high at 12.48% on August 12th
https://bitcointalk.org/index.php?topic=273025.0

Mt GOX starting to die?
https://bitcointalk.org/index.php?topic=272120.0

Mt Gox wire withdrawal, usd
https://bitcointalk.org/index.php?topic=271824.0

MtGox won't pay me my bitcoins!
https://bitcointalk.org/index.php?topic=266809.0

MtGox: Wait it out or take haircut. (only vote if > $1k in gox account)
https://bitcointalk.org/index.php?topic=272440.0

I'll add more poll options if anyone has good suggestions.


Title: Re: MtGox Will Surely Deliver? VOTE
Post by: Peter Lambert on August 19, 2013, 10:07:49 PM
My guess is that they have a large amount frozen by banks and/or the US government, so I guess that would count as "illiquid". Has anybody found out how much was frozen in their Dwolla account? Did they get that amount back from Dwolla yet?


Title: Re: MtGox Will Surely Deliver? VOTE
Post by: BitCoinNutJob on August 19, 2013, 10:14:59 PM

They are actually probably the safest exchange to hold money currently/


Title: Re: MtGox Will Surely Deliver? VOTE
Post by: Peter Lambert on August 20, 2013, 02:28:00 AM

They are actually probably the safest exchange to hold money currently/

You're being sarcastic, right?


Title: Re: MtGox Will Surely Deliver? VOTE
Post by: bystander on August 20, 2013, 04:30:30 AM

They are actually probably the safest exchange to hold money currently/

You're being sarcastic, right?

Surely, he can't be serious.


Title: Re: MtGox Will Surely Deliver? VOTE
Post by: niko on August 20, 2013, 06:35:07 AM
In the August statement, they hinted to have suffered "significant losses" due to immediately crediting accounts with pending wire deposits. Perhaps this really is significant. Perhaps they got scammed out of months worth of profits. Add to this Dwolla and other frozen funds, legal fees, and regular expenses.