Bitcoin Forum

Economy => Speculation => Topic started by: btcinsight on February 15, 2014, 09:43:53 AM



Title: Good news! MtGox might enable BTC withdrawals again soon!
Post by: btcinsight on February 15, 2014, 09:43:53 AM
Finally, things are starting to move and MtGox will possibly re-enable BTC withdrawals soon!

https://www.mtgox.com/img/pdf/20140215-BTC-transfers.pdf

People having fiat there will make a shitload of money when withdrawals will be re-enabled and price will skyrocket.
Since we are talking about Gox, it still needs to be confirmed, of course.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: NWOreptilian on February 15, 2014, 09:45:10 AM
yep this is just the kind of news we need to really get the engine roaring. If mtgox can trade at above average prices once again, it can only do good for the total value of btc.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: smoothie on February 15, 2014, 09:46:29 AM
lol hold your breath please.

You can still DEPOSIT your bit coins (after the update) but can't withdraw.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: TERA on February 15, 2014, 09:49:10 AM
and its still dumping. remarkable!


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: F-bernanke on February 15, 2014, 09:50:57 AM
and its still dumping. remarkable!

There's still no word on gox's solvency, thats the main reason for the excessive dumping in gox...


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: EuroTrash on February 15, 2014, 09:52:41 AM
In Gox-ese the word "soon" is redefined as "any point in time in the range from two weeks to never"


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: btcinsight on February 15, 2014, 09:53:24 AM
If they re-open withdrawals (I agree that's a big If), I think they are solvent. There will an inevitable bank run when it happens, and if they are not solvent, we would see it immediately anyway.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: TERA on February 15, 2014, 09:54:47 AM
remember litecoin is being implemented "soon"


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: F-bernanke on February 15, 2014, 09:57:35 AM
If they re-open withdrawals (I agree that's a big If), I think they are solvent. There will an inevitable bank run when it happens, and if they are not solvent, we would see it immediately anyway.

+1


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: btcinsight on February 15, 2014, 10:00:20 AM
remember litecoin is being implemented "soon"

It's not the same priority level. Fixing withdrawals is the most urgent thing an exchange might have to do. Failing to do so will inevitably lead to its collapse.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: Rannasha on February 15, 2014, 10:11:02 AM
remember litecoin is being implemented "soon"

It's not the same priority level. Fixing withdrawals is the most urgent thing an exchange might have to do. Failing to do so will inevitably lead to its collapse.

Just like fiat-withdrawals, right?


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: NLNico on February 15, 2014, 10:11:15 AM
So at 15:15 UTC - 10:15 EST the BTC deposits will work again. But withdrawals will take at least till Monday..

Quote
Once the implementation is complete customers will again be able to deposit bitcoin, but we will be doing extensive testing  before bitcoin withdrawals are reactivated. We will publish an update on the situation on Monday.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: pietje on February 15, 2014, 10:12:29 AM
yea they "might".

Just like they implemented ltc 1 year ago and fixed the fiat withdrawal problems.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: F-bernanke on February 15, 2014, 10:14:03 AM
Implementing LTC solves absolutely nothing... They should just forget LTC en get their shit fixed.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: NLNico on February 15, 2014, 10:15:42 AM
Just like they implemented ltc 1 year ago and fixed the fiat withdrawal problems.
To be fair LTC shouldn't have any priority at all. Also fiat withdrawals are most likely legal issues that you cannot resolve in a few days.

This specific problem is a technically issue and just requires them to work/test hard on it. I personally do think they will fix it. I am just not sure if it will take "only" 2 more days or 2 weeks. Also obviously they did fuck up in the first place and they probably could have fixed it quicker.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: Mythul on February 15, 2014, 10:21:20 AM
LTC to the moon !!?!  ???......oh wait....


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: bennybong on February 15, 2014, 10:36:31 AM
Quote
Dear Valued Customer,

Sorry for the inconvenience that have may caused. Our technical team is working hard to fix this issue and it will be fixed as soon as possible. All your BTC's are very safe and secured. Once the issue is fixed you will be able to initiate the BTC withdrawal and there is no time measure at this moment, we will be able to provide a clear picture soon.

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

Best regards,

MtGox Team
https://www.mtgox.com


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: kireinaha on February 15, 2014, 10:39:42 AM
finally some good news and price on gox falls. wtf are people smoking?


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: AmazonStuff on February 15, 2014, 10:40:19 AM
Quote
Dear Valued Customer,

Sorry for the inconvenience that have may caused. Our technical team is working hard to fix this issue and it will be fixed as soon as possible. All your BTC's are very safe and secured. Once the issue is fixed you will be able to initiate the BTC withdrawal and there is no time measure at this moment, we will be able to provide a clear picture soon.

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

Best regards,

MtGox Team
https://www.mtgox.com

Is this their first statement that no BTC is lost? Where did you find this?


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: btcinsight on February 15, 2014, 10:41:38 AM
Quote
Dear Valued Customer,

Sorry for the inconvenience that have may caused. Our technical team is working hard to fix this issue and it will be fixed as soon as possible. All your BTC's are very safe and secured. Once the issue is fixed you will be able to initiate the BTC withdrawal and there is no time measure at this moment, we will be able to provide a clear picture soon.

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

Best regards,

MtGox Team
https://www.mtgox.com

Is this their first statement that no BTC is lost? Where did you find this?

Yeah, where does it come from?


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: adam9317 on February 15, 2014, 10:48:56 AM
Put it this way, I will believe it when I see it!


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: thelema93 on February 15, 2014, 10:49:40 AM
Finally, things are starting to move and MtGox will possibly re-enable BTC withdrawals soon!

https://www.mtgox.com/img/pdf/20140215-BTC-transfers.pdf

People having fiat there will make a shitload of money when withdrawals will be re-enabled and price will skyrocket.
Since we are talking about Gox, it still needs to be confirmed, of course.

GREAT NEWS!
Now all the Gox-haters can go and hide back in their caves. Wish I had more fiat in there now.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: Mythul on February 15, 2014, 10:51:44 AM
Great news guys, we fixed the bug but we were hacked in the process and lost >50% of them. Don't worry trading will continue like usually.
MtGox team.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: F-bernanke on February 15, 2014, 10:52:51 AM
Great news guys, we fixed the bug but we were hacked in the process and lost >50% of them. Don't worry trading will continue like usually.
MtGox team.

Fixed that for you.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: jamesc760 on February 15, 2014, 10:53:04 AM
MtGox needs to die. The sooner it dies, the better for bitcoin. How many more dramas and crashes are they going to cause, going forward? Die, MtGox, already! I am sick and tired of it and the morons who are putting more IN.


Title: Re: Good news! MtGox might enable BTC withdrawals again soon!
Post by: bennybong on February 15, 2014, 10:59:43 AM
Quote
Dear Valued Customer,

Sorry for the inconvenience that have may caused. Our technical team is working hard to fix this issue and it will be fixed as soon as possible. All your BTC's are very safe and secured. Once the issue is fixed you will be able to initiate the BTC withdrawal and there is no time measure at this moment, we will be able to provide a clear picture soon.

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

Best regards,

MtGox Team
https://www.mtgox.com

Is this their first statement that no BTC is lost? Where did you find this?

Yeah, where does it come from?

My email inbox. I just asked if our BTC is safe because everyone is freaking out.

I honestly think we will get our BTC back. There's no doubt in my mind they have enough Bitcoin to cover users funds. They've been the most prominent exchange since forever. You don't think they are sitting on HUGE amounts of BTC? Look how much Silk Road 2 had amassed just after a couple of months!

How much fiat GOX has is a whole different matter though.