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Title: Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers? Post by: Wit22 on February 15, 2014, 01:59:45 PM Can Mtgox reverse internal bitcoin transactions?
Does that increase the risk of buying goxBTC? Title: Re: Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers? Post by: muto on February 19, 2014, 11:55:33 AM bump.
How is the process of transfering coins gox internal? Title: Re: Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers? Post by: mp420 on February 19, 2014, 12:20:14 PM Yes they can reverse the internal BTC transfers, since they do not even use the blockchain but are just database transactions. Not likely though unless they suspect fraud or other illegal activity.
Title: Re: Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers? Post by: Amitabh S on February 19, 2014, 12:43:05 PM As the above post says, there is non-zero probability of internal transfers being reversed.
Title: Re: Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers? Post by: crazy_rabbit on February 19, 2014, 01:28:16 PM I think at this point, Gox might and could do anything. If they really are insolvent, all bets are off.
Title: Re: Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers? Post by: Nagle on February 19, 2014, 08:14:55 PM Can Mtgox reverse internal bitcoin transactions? That's a very good question. It's more like "can they get away with it if they do it?" Given the reluctance of Gox |