Bitcoin Forum

Not sure if everyone is aware, but Mt. Gox is now completely down.  I wonder if they've made it to the bahamas yet...


http://thedailycrypto.com/bitcoin/mt-gox-is-completely-down/

There was someone reporting this actually that Mark Karples was seen in the Bahamas  :o

I was kidding, but I guess I'm just a good guesser!

Their API ticker is alive and shows price updates (I have a charting application using it that I’m running right now).

Uh oh... More trouble :(

Everyone panic, quick!

Or just check for yourself that this is simply false.

http://bitcoin.clarkmoody.com/

Seems god is faking ticker data, site has been down for a bit here, yet the ticker keeps going both ways

Or just go to http://mtgox.com/ and see the website not load.

It might be bots buying and selling, either way the website is pretty much down. Doesn't mean API's won't work.

just logged in, no issues there

even sold 2 btc, not that I will ever get the money out

Yes here is the evidence ;)
http://travelandgamble.org/wp-content/uploads/2012/11/bahamas-swimming-pigs.jpg

How did you log in? Through mtgox.com?

yep, still open in my browser, working fine

Working for me too. Maybe a problem with cloudflare?

Working for me, This is the first and last time I will be visiting the useless trade site from an U.S. perspective.

Mtnminer

Actually the https://www does load, and this is the current update...

Statement Regarding BTC Withdrawal Delays

Tokyo - JAPAN - February 07, 2014

Dear MtGox Customers,

In our efforts to resolve the issue being encountered by various bitcoin withdrawals, it was determined that the increase in the flow of withdrawal requests has hindered our efforts on a technical level. To understand the issue thoroughly, the system needs to be in a static state.

In order for our team to resolve the withdrawal issue it is necessary for a temporarily pause on all withdrawal requests to obtain a clear technical view of the current processes.

We apologize for the sudden short notice. All bitcoin withdrawal requests will be on pause, and the withdrawals in the system will be returned to your MtGox wallet and can be reinitiated once the issue is resolved. The trading platform will perform as usual for the needs of our customers. 



Our team will resolve this problem as soon as possible and will provide an update on Monday, February 10, 2014 (JST).



We deeply apologize for the inconvenience caused, and thank you for your kind support and considerations. 


Sincerely,

The MtGox Team

Even if they do come back, I wonder how many account holders will just get their coins out and leave...

Monday will probably be a big day (for better or worse)...price could tank some more or it could possibly rebound if by some miracle, order can be restored at Gox. They are probably trying to seek some funding (behind closed doors) to give themselves some liquidity..

site loads and is still active at the moment.  Check for yourself: https://www.mtgox.com/

probably just rebooted the web server  8)

Lol I love all the cynicism around Gox. Hopefully you guys will be proven wrong.

Die gox die. Gox really needs to die. When gox is finally dead it will symbolize a new era when the market has moved away from centralized manipulated prices and into something more stable and usable from a merchant and user perpective, supported by actual supply, demand, and liquidity.

Mt.Gox is online and operational.

I think there are some trolls taking advantage of the negative mood to try and generate panic selling. Not that it will work because Gox is no longer the only exchange and their volume is lower than most of the other exchanges by now - so in a way Gox matters if you have money there but if they vanish like a noodle, the price of BTC couldn't care...

Rumours of insolvency are also stupid - anyone who understands the exchange business model can tell you that - they make silly amounts of money by just existing - imagine with all the sell transactions happening in the past week - they can probably fund a small country with last week's profits alone!

The actual technical issues at Gox are described here by Bitcoin Dev, Greg Maxwell:

http://www.cryptocoinsnews.com/2014/02/08/mt-gox-transaction-woes/


So Gox is having real issues that can be seen in the blockchain and have been acknowledged by core developers. The present dilemma is a slow shutdown to sort out an accounting mess - that's what the article implies anyway. However, the fact that Gox has terrible customer service and does not communicate quickly and transparently is a big shame. Unacceptable, and I hope their customers give them a thorough spanking for being bad, bad, bad!

At least label which one is Mark for the Newbies.

According to isitdownrightnow.com mtgox (http://www.isitdownrightnow.com/mtgox.com.html) has been down for about a hour.

Could just be technical issues.
Anyhow FIAT exchanges are lame, nothing but day trader market manipulation.
All FIAT exchanges can leave.

work fine with WWW

Works fine for me too..

everyone likes to blame gox

gox has many problems

keep in mind extra problems added by governments, banks, hackers, retards
 combine them all together.... what else you expect?
gox is more or lessa legit, problems are a pain in the ass

too much fud lately, gox has many battles to overcome

Countdown is begun,

Tokio/Japan GMT, 23:45
Peking/China  GMT, 22:45

Need www to work.

LOL BTC@MtGox is 10% cheaper than BTC-E.

Hollywood should make a movie about MtGox in a couple of years.. something like this ;)

https://i.imgur.com/k8dzmD8.png?1

Gox blames it on general Bitcoin protocol security bug!
https://www.mtgox.com/press_release_20140210.html
https://bitcointalk.org/index.php?topic=458076.0

The price went down immediately after this bad news! under 600$ at mtgox...

I just don't get why they still allow trading. I mean... This makes no sense - just fuels the panic

i think the opposite would bring more fud and thus far more panic, not adding the fact that disabling trading could be reproached to them more than letting it as is.

W0rd0fM0uth

they arent down but once btcjpy got to around 55000, things got pretty quirky. i went into buy mode to no avail, none of my market or limit orders went through. they just fubared.

i left a market order up. it was to buy at 53377. it just went though twenty minutes later.... 59913. lulz.

LOL, the price on BTC-e 102 usd 

Check,
http://easycaptures.com/fs/uploaded/641/7070778456.png (http://easycaptures.com/7070778456)View Screen Captu (http://easycaptures.com/7070778456)

I'm not so sure. Gox is just operating pretty poorly. It cannot be sustained as it's currently doing.

Which is Mark and which is Karples?

I think they are mostly trying to turn this situation into their favor by manipulating the market.
After all , they were the cause for it , so they could benefit the most from this "known" crash.

Gox has been slowly dying since April. And every little thign they have done since then it was just another nail in their coffin.
I'm afraid this was one last stunt they pulled to get some lawyer money.

So now instead of addressing internal problems, they are trying to site a bug within bitcoin itself. I guess its if they go down, they want to try and take the entire ship with it :(

Gox always blamed a third party for their problems  , even for their slow reactions or shitty press releases.
This time probably they couldn't figure any better excuse , or they did try to  create this panic sell to make one last profit before going down.