Bitcoin Forum

Tokyo, Japan, February 17th, 2014!
"
Dear MtGox Customers,!
"
We apologize for the inconvenience caused by the recent suspension of external
bitcoin transfers. Fortunately, as we announced on Saturday we have now
implemented a solution that should enable withdrawals and mitigate any issues
caused by transaction malleability (please see our previous statements for
details on this issue). "
"
Thanks to our friends at Blockchain.info, MtGox now has a workaround that will
use a unique identifier created by Blockchain to show whether transactions have
been modified or not. This will prevent any fraudulent use of the malleability
issue and protect the assets of our customers. "
"
Resuming Withdrawals!
"
With this new system in place, MtGox should be able to resume withdrawals
soon. At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions. "
"
In order to launch the new system, we are going through the following steps:"
"
-" Re-indexing the entire Blockchain (approx. 32 million entries)"
-" Fully deploying the new NTX ID"
-" Implementing a new bitcoin withdrawal queue that needs to be tested"
"
We will update everyone again by Thursday at the latest. "
"
Additionally, you may have noticed that we have added a new login system that
sends you an email when you successfully access your account. This is an
additional security layer, but as always we strongly encourage our customers to
use the 2-step authorization options available in our Security Center. "
"
Thank you again for your support, and we look forward to resume bitcoin
withdrawals as quickly as possible. "
"
Best regards,"
"
MtGox Team

Let me fix that for them.

 :D :D :D

What does this have to do with an ATH?

If you cant figure this out, you have no place in bitcoin trading.

Explain please.

I see it. To prevent people from massively withdrawing from mtgox, mtgox will again massively inflate its btc exchange rate.

Run along people, nothing new to see here.

TERA has more trading experience than many other posters here, don't insult him.
What will happen will be just MtGox price rising close to Bitstamp price, with some volatility.
There will be no new ATH until the current bubble deflates, a new one starts and eventually grows exponentially.

That says nothing at all .. Warren Buffet has even more trading experience.
According to him, bitcoin will fail .... he is wrong.

ATH on Mt. Gox?

Does it really matter... People will just withdraw their funds from them at any cost. Then the price will plummet. ;D

ATH was reached due to hordes of Chinese gamblers and media hype. Both of them are gone. Keep it real.

Where have we heard that one before? Oh yeah back in June 2013...

I'll post the same thing in this thread as I did in the other:

When they resume withdrawals it should be a mass exodus.  Take everything out, put nothing in.  Leave them to die before they do any further damage.

If your real world bank told you that you can't have your money, you'd dump their sorry arses in a heartbeat and move to another bank.  Why anyone would continue to trust these inept halfwits with their money is beyond my comprehension.

Classic bitcoiner boom or bust mentality.

I think in truth it will be much more boring. At the point we return to 'business as usual' the gap between gox and other exchanges will just close naturally as arbatrigeurs get involved. depending on the volume at the respective exchanges will depend on whether its closer to the $350 of gox or the ~$650 elsewhere.

More than likely it will be in the middle somewhere around $500.

That will be about as exciting as it gets.

+1 but you will admit that Gox is not goin anywhere with their customers BTC or Fiat?

It is obviously guaranteed that if they do allow withdrawals again there will be a lot of people trying to buy BTC from Gox->Bitstamp to profit.I think the price will increase or stabilize around ~700 over next two weeks.

Some quotes from this board (2013)




Endless quotes with this pessimism....

With bitcoin, anything is possible... time will tell.

My personal opinion, again leans towards the mundane. Nothing 'bad' will happen, withdrawals will resume, business as usual.

It's not a popular opinion (see the recent sell off), but that's all I got ;)

Before withdrawls are allowed price will probably already match on other exchanges,just like sgbett said, i expect it anywhere around 350-500$.
This one in a lifetime arbitrage possibility is not going to happen, sorry. So far Gox cumstomers have never been rewarded for beeing on Gox and it surely won´t happen this time.

It's been 72hours since I sent my urgent SEPA transfer (which guarantees same day from my bank - and shows same day when i do this to bitstamp) and it still isn't showing on my gox account. I'm inclined to agree that I will miss the window, and price will have normalised before I get chance to get a few discount coins.

ho hum.

Why oh why did you send money over there???? Did you also sent BTC to Gox in the last weeks when the price over there was +20% ?
It´s a trap, you will get fooled. I hope not so.

I sent cash because i believe that the issue over btc withdrawal will be resolved in due course, and it looked like an opportunity to buy at a discount.

I didn't send coins when it was selling at a premium, because I think resolving the issues over fiat withdrawals was a much tougher nut to crack for gox as it relied in the co-operation of 2rd parties in the traditional banking system. A much different issue.

Fixing btc withdrawal is just a matter of them re-enabling it in their software.

It's not that I don't participate in groupthink, but that I try to recognise when doing so is detrimental. YMMV. I think gox are mildly incompetent. I don't think they are intentionally committing fraud.

I might be wrong about the whole thing, it might be a big mistake, but I'm clear about why I'm doing what the risk is in my view, and what the potential reward is.

 :) okay, i understand your intentions.
BTC withdrawls might however be enabled(limited? ) or however. I just don´t believe that one can use the situation to profit.
Please keep me up to date if they credit your account before the gap closes(in whichever direction). I reckon that deposits might somehow be a bit delayed at the moment... ;)
But that´s just one of many Gox  theories right now.  ;)

Nha, they made Bitcoin bigger and now other ppl/company's around the world will be buying due of the media frenzy, its common sense man.

Do you realy think this is it? lol 2013 was just a main-stream kick-off. I think you need to keep things real :o

Fonzi you are scum this has been proven and stated by some of or nearly all the most liked and trusted members. No one cares what you think or trusts anything you say. Definition of bottom feeding scum. Also I know you have NO Bitcoins hahahahaha :)

Erm, biofore could you make clear what that was about. Otherwise it just looks like you being extremely rude.

And fonzi not? I feel I was being nice. Im sorry did I hurt your feelings :-[

And who's sock puppet are you, newbie? ;D

This is perfect:

1. Put fake bid order to push up the price
2. Sell at 900s
3. Crash the market by announcing a long-known bug
4. Use the bug to DDOS the network and further crash the price
5. Pull all fake bid order and let the price free fall
6. Buy at 200s
7. Reopen withdrawal with restriction
8. Goto step 1

Don't forget the illuminati.

When the next ATH comes, it will have nothing to do with Gox or any other exchange.

It will be caused by adoption and the continuing development of the Bitcoin infrastructure and possibly assisted by media coverage such as the Gawker articles in spring 2011 or the coverage of the Cypriot banking crisis in spring 2013 or of the Chinese Bitcoin adoption craze of autumn 2013.

Essentially this would be gambling. But then again trading is the same thing.

Yes. And hopefully GOX will not be in the Bitcoin world anymore and just a memory.

Just because withdrawals will be reopened with "LIMITS" does not mean ATH is upon us. I disagree that this will be the cause for an ATH.

We can thank MTGOX for the bear sentiment building in the markets though.

Yes,  hopefully we can move beyond GOX.  I do think this Gox fiasco has shown us what the true low is (the low on Gox is of course extreme) but the other exchanges hovering around $600 or so is nice to see, honestly.  Some seem to speculate we will go down from here.  I am not sure what news could cause it to drop further?  The most well known exchange possibly going bankrupt due to a potential "bug" in the Bitcoin code is probably about as bad as any news will ever get so we should approach an ATH soon.

If soon^TM, really comes to pass, there will be a huge price surge on Gox has everyone rushes to get their funds out of Gox, this will likely be accompanied by a fools rally on Bitstamp which will be soon be brought right back down to earth by the flood of BTC retrieved from Gox being cashed out immediately by a big bunch of exasperated BTC long term bitcoin holders/investors who have had the trauma of seeing their fortune holed up in this rat-hole of an exchange.

+1

What doesn't kill Bitcoin only makes it stronger.

Taking the most charitable view on things:

Gox has been defrauded out of a shit ton of BTC, they are now insolvent and possibly operating in negative equity, they halt BTC withdrawals which causes the price to plummet as panicked investors rush to get into USD....and you think Karpeles and co aren't taking the liberty of arbing the fuck out of all those cheap coins to recover some of their losses?

A more honest thing to do would be for Gox to suspend trading until the problem was fixed. This would provide panicked investors with no outlet for crashing the Goxcoin price, or rather selling into Karpeles koffers as his bots crash the price. This wasn't done, because Gox isn't an honest place. It's a fucking rathole and anyone would have to be certifiable to go sending money there thinking that they are getting in on a cheap Bitcoin bonanza. Most likely, these 'cheap Bitcoins' aren't for you. A SEPA transaction to another €uro account takes just 1 day. MtGox has your money and probably hundreds of thousands more besides hoping to get in on some arbitrage action and lsoing out on cash stream to gamble in other financial sectors. At the touch of a button, he could fund all your accounts, but that would be letting y'all in on his action. If you get your funds cleared when Bitcoin is still around $200-$300 on Gox, then it is cos its going down further. Otherwise, you will find your account being credited at much more normalised price levels and you will be weeping waiting for weeks trying to extract your funds in dribs and drabs.

Are u aware of the fact that Gox has an unlimited trading account, with unlimited coins and $. It´s of course not official. The crash to 0.01 in 2010 was due to the fact that somebody hacked into this "unlimited" account and sold until the price went to 0.01. After that all trades have been rolled back. And they called it i think an "auditor" account, but of course denied that an account with unlimited supply of $/BTC exists.

I wasn't no. I think that Gox is a fucking rathole and Karpeles is basically a crook. As I said, I was putting the most charitable spin on events that I possibly could.

Why the hell does Gox need to use blockchain.info identifiers??? That is absurd.

The simple way to look for a transaction in the blockchain is
if ( list of inputs = list of inputs AND
     list of outputs = list of outputs AND
     amounts = amounts )
then
  transaction found

Instead Gox has insisted that they need an identifier because they want to keep doing
if( tx id = tx id )
then
  transaction found

Seriously do these guys have zero programmers on staff, can they not pick up an Intro to C book?

It would seem so.

If this is the case then I'm even more unsure of their "custom" implementation of the bitcoin protocol.

So instead of using the blockchain itself, they're using blockchain.info?

Does this reek of WTF are these people smoking down there?  Haven't they learned a single lesson about how you should rely ONLY on the blockchain itself?  Or are they just not competent to implement it?

Neither is particularly bracing news.

Omg.  Initiating immediate panic byu and hodl.

You are a braver man than I, the last day I sent money to gox was the exact day their funds were seized.. luckily I was able to cancel the dwolla transfer and started my slow exodus from gox immediately afterwards.  I'm still not sure if I want them to survive or not.. at least long enough for everyone to pull out LOL. I just hope MtGox isn't letting stolen/sheep/SR2/cryptolocker btcs to get laundered to you... we don't need that...

+1

They should commit hari kari and have some dignity.

I was just thinking today though that this won't happen.  Why?  People love the adrenalin rush of a good gamble.  That is what GOX is providing.  With the total uncertainty, the unknown of "who will get their coins" and the ability to take advantage of undervalued or overvalued prices they have created an entire market of people who enjoy going to "Vegas" with their money.  It really is the same thing in a way.

Vegas let you leave with your winnings, though.  :D

If a casino said "you can only cash out some of your winnings, come back next month while we hold the rest of your money for no reason", I don't think many people would gamble there.

If you do want to bet on them allowing withdrawals again, and therefore a price surge while people race to get their coins out, use a platform like Avatrade (http://www.avatrade.com/lp/trade-bitcoin?tag=40571) (please forgive my affiliate link).

You will get the MtGox price without trusting MtGox with your money. They are a regulated exchange offering Contracts for Difference, you can fund your account with a credit card and can trade with leverage. You will even get a new user bonus, I deposited £3000 and they credited my account with an extra £1500!

You can't withdraw the coins but you can profit from the price movements, then when the time comes, close the position and buy the coins with your profit.

Failing everything, I figure even if MtGox doesn't come through they will have to re-price the contracts using another exchange. I can't imagine they'll let me keep the contract open while they do, but you never know, afterall they are stupid enough to still be using MtGox pricing.

But if it was the only casino offering chips for half price or paying way more for chips if they had to just leave them there for a while you might be surprised. ;)

Ignore this. They have literally updated their prices away from MtGox just now and cancelled my pending order.

No response yet from biafore. How can I possibly respond to an empty statement with no information?

Just for you. Bitcoin sheep faith was broken by Mt.Gox . most sheople still thinks its a ponzi scheme. Probably you. I have numerous contacts in Japan pumping as much fiat into Gox as they can. Why because they no withdrawals are going to be coming back. And when withdrawals do come back, yes many will withdrawal their BTC but their are many who will continue to trade there, they will survive just as they have before, read some history, do some due diligence. Yes things could be better from a management point, but thats easy to say for someone whos probably never come close to running a multimillion dollar companies. shit happens. Grow some nuts hold your coins and watch as soon as mt Gox resumes withdrawals, bitcoin faith with be regained, and then we Will see a new all time high. I"m %100 positive. You are acting like a scared little girl rite now. Get out of trading you cant handle it.

Major chart indicators were turned south (particularly the 1 week macd) well before the mtgox situation so it wasn't mtgox that took 'sheep faith' and the simple act of mtgox restoring withdrawals (after 2+ weeks) wont bring it back. More will need to develop. I hold the position that more will need to happen than simply mtgox resuming withdrawals for the charts to fully reverse not to mention an ATH being reached.

The name calling and emotion in your statements implies a lack of actual arguments to defend yourself with. I need more technical detail on how mtgox will completely flip the chart upside down cause ATH to be reached.

Plain and simple you have no faith in Bitcoin, and are a border line troll, why do you come to bitcoin forums?

So this is all about me? I have the power to control the price? Wow I never knew. Now I will be the best trader ever. Muhahaha.

biafore sounds like a +1k bag holder.

Yes but this time things are different blah blah blah :D

2 days.  Let's see what will happen.

Hahahaha delmar its obvious who you are.

What? I'm not that guy and the mods can verify. I didn't even bother replying to that statement.

Anyhow, keep holding those expensive 1k bags. Maybe in 2015 we can evacuate you from the moon. ;)

What is more bullish?
Limited withdrawls or full?
Should we expect the second ellbow of the s-curve in march or april?
This is so exciting.
800000000$ Bitcoin :o :o :o :o

If you dont have any bitcoins, then why are you here?

News flash: You can actually make money while bitcoin is dropping in price.  ::)

This is finance; not church.

impressive financial charts, you most have tons of investors with intelligence and maturity of your caliber

lmao @ the sheep

It's very a propos :)

The announcement says they will update on the 20th, and that they "SHOULD" resume withdrawals "SOON".
How the hell did the OP get "Mt. Gox - To resume withdrawals Feb 20th - New ATH approaching" out of that?  ???

Leave MT as soon as possible to be alive, please

PLease trust MtGox, they are the oldest and safest exhchange around. Everything will be fine, don´t worry!

Gox crashes again.

Simple minded people with no nuts, I take risks and dont sweat and cry. Ill make a thread when Mt.Gox resumes withdrawls, Ill show you how lifes about taking risks then reaping the rewards. I buy Gox dollars all day. You will be the guys saying damn I wish I wasnt so chickin shit.

Wanna buy some magic beans too?   ::)

If you want to gamble, maybe place a bet here:  https://www.fairlay.com/bet/registered/new/mtgox-will-allow-bitcoin-withdraws-again/

If BTC withdrawals resume at Gox, there will be a dip on Stamp even before the first 10 minute confirmation. Frontrunners already have BTC there and are waiting. The Gox discount will very quickly become a Gox premium if fiat withdrawals do not also resume. Then quickly the dip turns into a spike because...good news and less cheap coins than most people are expecting.

never seen a market more stupid, seems to be easy money for smart investors/traders

+ 1

money has finally reached gox account - picked up a few coins at €220. left a bit lying around in case we go further down... now we wait.

Time to buy some cheap BTC before Thursday for some awesome gain..

At this point, the price on Mt. Gox is so decoupled from the actual market that you may as well be watching the over/under on one of the gambling sites as an indicator of bitcoin's future price.

 ;) :)

Good to hear. I wish you all the best. Could you please assure me to dump those coins immediately on Stamp if you will be able to withdraw them :D :D.
The bear market over there is childish and a bit boring.

hehe. I'm not buying them to flip for a quick profit. I'm still a 'true believer' ;) I want more pie. This pie looks to be on offer. Just hope it tastes good.

Yet another misleading subject line.  If you read the "press release" in the opening post to this topic, they didn't announce they were resuming withdrawals on February 20th.  They issued a press release to announce that they're issuing another press release on February 20.  Knowing their track record, they'll be late on that, too.

Not if they issue a press release saying that they'll be issuing another press release on Tuesday. Then they'll be right on time.  :D

I love how Americans hate Mt. Gox the most

I wish people would stop using Gox. They have contributed more to price crashes than any other single thing in the entire world of bitcoin.

Keep dreaming. I thought for sure they would be gone by now after their prior fuck ups, but alas, no. The community sucks, honestly.

Welcome to the free market; you should never expect rationality.

Well I guess I'm one of the few lucky ones to be getting Fiat out of gox over the last few months but then I derped, cancelled my remaining withdraws and went all in on coins.

You all get to laugh at me  :-\ for being stupid and ignoring 90% of this community.
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-prn2/t1/p403x403/1510969_874712555891532_1317025485_n.jpg


Me looking at you Gox



Still bollocks to it ;D Its been a great ride so once more into the breach.

It would take a lot of balls to continue accepting cash deposits for people to buy bitcoin only to come out later and say "Ooops, we're broke - me so sorry."

I agree. Still braced for it though :)

Honestly, yes.

This + 1 billion

If this monkey of an exchange was regulated at all he'd have been shutdown back in December. Then they would have arrested him, locked him up, and thrown away the fucking key.

I'm thinking that mtgox resuming withdrawals could be bearish for Stamp, btc-e etc..

I've been noticing since the gox collapse that every time it has a slippage spike a 100BTC+ sell wall appears on Bitstamp. There's never been a better opportunity to get "worthless" fiat out of gox buying bitcoins for half price and selling them on stamp (if BTC withdrawals actually resume in the next couple weeks)

No shit.  And to be absolutely perverse about it, they have not only done it with their fictional prices $100-200 above what real exchanges have, but now, their ridiculous insult to the intelligence price that has gotten them de-listed from most indices.

Will they go away though, finally?  Probably not.  This community is a bunch of fucking idiots who will keep enabling these assholes forever.  Please, please prove me wrong.

LOL Yeah. When Bull-tards start yelling shit like 'traitor' or 'non-believer' at those of us smart enough to have covered our arses and took our swag off the table, something is definitely up that is to the great displeasure of the bull-tard, but they are incapable of admitting to themselves that they are buying into the wrong paradigm at this point in time....and its costing them. Instead, they prefer to point fingers and blame everyone else for their own misfortune/stupidity.


If you trust trading on the only short sell exchanges, Bitfinex or BTC-E, and I know that I sure as hell don't.


€220! So around $300? Seems to be top of the market on Gox for the time being but a pretty good trade if you can actually get them off the place. If you succeed, then u know you got to arbitrage these coins though don't you? Otherwise you may end up taking this risk for no good reason if the bear market progresses to grind its way further down (which I am sure it will give or take the odd bit of whipsawing action). If more Bitcoin is your aim, then you know that if you sell at $630 or whatever, you will get the chance to buy back on the next test of $540......whether this support holds or falls is another matter but it there is absolutely nothing in the charts that suggests that it won't be revisited.

I can see the price being massively inflated as all the people who sold for fiat will now have to get BTC again in order to withdraw from Gox.

How do you figure your odds of getting either kind of money out of gox are like?

Another one without any explanation?

The only way MtGox is insolvent is if
A. They have had a lot more bitcoin stolen than has ever been reported.
B. They have had a lot larger operational overhead than has ever been reported.
C. They have had internal embezzlement of funds.

On the other hand, if they have had anywhere close to the expenditures and losses as have been reported, then they are flush with bitcoin and cash.

So basically the probabilities of what you are asked are weighed between the options above vs. sheer and utter incompetence in management, customer service and PR.

Or a complete lack of ethics.

What he is saying is that it would take a lot of balls because its illegal. It is illegal to continue trading operations if you are insolvent. Which means, if Gox is insolvent, Mark is probably going to jail.

The fact that Mark said Gox has been in touch with authorities and they have been told they are operating within the law means that I am betting they are not insolvent. Mark is in Japan, not Ecuador. Not so easy to hide.

Does the legal precedent apply to bitcoin exchanges also or only to regular currency/stock exchanges? What if he's legally able to operate an insolvent exchange because there's little regulation currently on bitcoin.

Hi guys,

Just wondering, does anyone know what time Gox tends to post announcements? If so, please stating your time zone.

Thanks

I think the last gox announcement was roughly 4 in the morning in U.S. (EST) or 6PM in Japan. Someone correct me if I am wrong.

Gox is goxxing my sleep now.

Feb 17 - ''soon'' - 11:25 GMT
Feb 10 - ''malleability'' - 11:49 GMT

https://twitter.com/mtgoxalerts

And in 2012 and in 2011 and near the end(?) of 2010.  ;-) 

Although once the uncertainty regarding Gox is gone, things will pick up.  Given the FUD and BS being spewed from Gox about bitcoin, their freezes etc, and the resulting turmoil and price drop at Gox, the price of bitcoin held up and showed its strength. 

+1.  If people continue to use Gox they are just ignoring the reality that Gox is inept.  Of course everyone who was paying attention should have seen the Gox issues all the way through 2013.

Mt. Gox Withdrawals coming tonight U.S. time. you heard it first

Yeah just bought with half my cash when it got there. Then stuck the rest in some limit orders all the way down.

It all boils down to if I can ever get them out. If I can though they'll just go into the 'hold' so to speak :) I'm not looking to flip quick for fiat profits. Just wanted to take a bite of opportunity pie.

In any case I think that if gox did open its doors, I'd be the guy at the back snoozing whilst everyone else closed the arg gap before I even woke up ;)

I think its a pretty good bet you're making. Better than your last one hopefully  ;)

I think a lot of people heard it before I did, actually  ;)

A huge rise is coming, All coins rite now are cheap coins.

True.

In all likelihood, there are already high risk taking Gox arbitragers who have Bitcoins lined up on Stamp, ready to be arbitraged the moment that transactions out of Gox are enabled.

One would have to get his bot wired into it's exchange front running privileges out damn early in the morning to beat these motherfuckers to the most lucrative arbitrage prices.

"Karpeles repeatedly said the company's solvency was confidential but that it had discussed its business model with Japanese authorities 'to ensure that we are operating within the law here'" -- is this what you are referring to?

It says nothing about the present circumstance, or present dealings with regulators. If Gox is insolvent, that wouldn't mean its "business model" was illegal.

Everything will be settled tonight!

Everyone will get burned hard!

You're just jealous you won't get to be a BTCvictim  :P

It is illegal to continue to operate trading exchanges if you are insolvent. So, by doing so, Marky K is putting his ass on the line for jail time.

This fact, along with the opinions of Andreas and Roger, make me 85%+ sure that Gox is solvent.

Unlike the gambler mentality that caused the owners of FullTilt and other poker rooms to throw all their money away, I personally do not think Mark is type of personality. I think he is just a general moron.

You guys are dead wrong, Biafore says so.

lol

News good - withdrawals allowed - arbitrage is quickly filled BTCe and bitstamp fall. speculators quickly realise that Gox has affected the value of bitcoin by little or none, and overcrowded speculators resume crash & burn.

News is bad - withdrawals not allowed - market nudges upwards in reaction to preparation of good news. speculators quickly realise that Gox has affected the value of bitcoin by little or none, and overcrowded speculators resume crash & burn.

how can it go up? WHO will push it up? Mark aint gonna push it up! why to new ATH on this news???? WHY??????

DOWN IT GOES!!

http://www.timeanddate.com/worldclock/city.html?n=248 (http://www.timeanddate.com/worldclock/city.html?n=248)
 Its all here. last chance to buy

Deja vu all over again - Yogi Berra

Mt Gox is updating its system rite now!

Right now on their main page. "An unexpected error has occured. Please try again later."

Anddddd... nada! lol

I dont expect anything big. I think we will be on the 600´s for a long time and things get really boring again. Just like how stamp is now for 4-5 days...

They cannot update their system while its live

Meanwhile, Virtex was down for several hours this afternoon for updating.  

When I jokingly suggested to a young friend that perhaps the updating message was a smokescreen and that they'd been hacked and everyone's coins were gone, he went into a panic of regret that he hadn't put his dozen or so coins into cold storage.

By the the time this evening rolled around, Virtex was back working just fine but with shiny new Litecoin functionality added.  :)

Hopefully my friend listened to the wakeup call and will move his coins to paper. Keeping coins on an exchange is just foolish. It only takes minutes to deposit them if you really must sell some, especially if you add a fee.

Sorry if I digress but the point was that updating a site may take longer than some people anticipate. If a (generally) professionally run but much smaller exchange like Virtex can take half a day to upgrade, expecting a bunch of bumbling incompetents like MtGox to be any quicker might be unrealistic.

MT. Gox die's and the world get's over it, they stop using the pricing and life goes on|!

Sheep

Goat

Would take less than 1000 Btc to make Gox price jump to 550, something is about to happen ;D

Mark probably sat on something or spilled his frappuccino on the mainframe.

141 on gox. Gentlemen, we are in for another eventful day.

soooooooooooooooooooooo......  ???

https://www.fairlay.com/event/category/bitcoin/mtgox/

We stared a couple of predictions on the future of MtGox - for example if you will see any of your Gox BTC.

All percentages are "upper bounds" since user a willing to put money on the other side. If you think one of this percentages is too low you can make money...

Great event to bet on sure.

A few days before the real extent of the Gox robbery became known to everyone, one of the users posted a thread here in Bitcointalk. He had some 10 or 20 coins in Gox, and was ready to sell them for a 20% discount. I asked him to sweeten up the offer, but he never responded.  ;D

https://bitcointalk.org/index.php?topic=463601.0