No, it's true. There's been a 0.5BTC bounty for a recent USD withdrawal from gox. Nobody has claimed it yet
https://bitcointalk.org/index.php?topic=251895.0;all

Yeah, you act like it would be hard for them to buy bitcoins. If they want to buy them, they can just PM me.

I wouldn't recommend posting your pic btw, you look like an asshole.

Let's be friends. PM me or something.

Are you kidding? There is plenty of information on this forum about development of very interesting technologies. We are now in speculation subforum, that is why all  talking is about silly dreams.

Not really 

Yes, that does make sense. I'm left wondering why they wouldn't just state that instead of saying they have a backlog and are working to clear it. Anecdotally, it doesn't appear that they are working the queue at all. Has anyone seen a single confirmed withdrawal? Even from outside the bitcointalk.org community?

Time will tell I suppose.

Over the past weeks Mt. Gox has experienced rising volumes of deposits and withdrawals from established and upcoming markets interested in Bitcoin. This increased volume has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers. This is especially so for those in the United States who are requesting wire transfer withdrawals from their accounts.

Mt. Gox has now formed relationships with several new banking partners both in Japan and around the world, and we are still in the process of finalizing even more. This means that we will have increased stability and ability to transmit withdrawals going forward.

Care to explain?

For me too, thanks.

The two things you really want to know:

Is it limited to 5A out or does it add an extra .5A it takes from the downstream? If not, 10 erupters will be dicey.

Is it monolithic or chained? If it's chained, many of the ports won't work on an rPi.

Please explain. Truth hurts or what? I am puzzled 

Why is there no "mother of all websites" for retailed goods?  It seems like it would be a fairly simple thing to do.  Retailers batch-submit the goods they have for sale to a given website.  The website tracks price, qty in stock, what the item is, and useful specifications, matching up items as appropriate via UPC barcodes or whatever other unique identifiers they might have.

I suppose what I am picturing is sort of like Google Shopping, but with categorized items (enabling browsing by category) that are retailer-pushed rather than bot-scraped.  Sort of like the eBay of retailing.  eBay + Google Shopping, then, but without multiple listings per item.  Amazon sort of has the right idea, but everything goes through them, so if a vendor isn't set up to sell through Amazon, you don't see their goods.

As a consumer, I would love to have such a website with comprehensive, up-to-date information on who to buy from and what the best prices are.  Why hasn't a project like this been undertaken?

I too see a lot of dreamers who think everyone will be paying for their Amazon goodies in Bitcoin. Which is most likely a misapplication without some sort of intermediary layer.

Rather, Bitcoin will more likely evolve into a sort of SWIFT system for cryptos. Yeah, there will be those with some bitchange swapping it for e-books and VPN serivce, but that will essentially be a backwater of the crypto economy. 

This is not surprising, given that USD withdrawals are not permitted at this time. Who would deposit or bid up MtGox USD in the current environment?

I agree.

Do you think the KYC measures are what's causing the delay? I'd have guessed that those are mostly front-end requirements (I know when I opened my account I had to submit passport and other verification docs).

Or could it be the record-keeping requirements? My opinion is that record-keeping is electronic and automatic, so probably not the problem.

What about AML reporting requirements? You could argue that it takes time to "establish and implement policies and procedures that can be reasonably expected to detect and cause the reporting of suspicious transactions". But on the flip side, this is a road that many have already traveled down, and a playbook for MSB's is readily available. Here's an example:

http://www.fincen.gov/financial_institutions/msb/materials/en/prevention_guide.html


I'm curious to know your opinion as to which parts of the regulatory requirements would cause such an extraordinary delay?

My theory?? Bitcoin business on every corner in the world is not my theory. I do not see any businesses around me. But I see a lot of dreamers who think that they can live just selling forever rising in price bitcoins.

Right, because the miners are more important than the people actually using the currency.   

Come on, man.  You know as well as I do that that's not true.. nobody is going to want to use Bitcoin as a currency if they pay the same fees as banking, and ESPECIALLY if those fees are the same or more than Paypal. 

Yes, I know. But this is more in theory than in practise.

It does not matter if few rich guys invest a lot or many poor guys invest little. It is true that many bitcoins were not in circulation since they were mined. But this does not change anything. If you bought btc last year and sold today at 10x price, this is just because guys who lost their opportunity last year give you their money. They do this because they think that next year some fools will give them 10x more. And this is not going to continue for long. The amount of fools who are ready to bring money into system saturates quickly.

That's you.  You think of the transaction fees go way up Bitcoin is going to still be as attractive?  You've lost your mind.  Transaction fees play a HUGE role.



Okay now you're just talking nonsense.  I never said those other points are not worth anything.

I just wish it would slip down to 90 for me to rebuy and never care about btc/usd again. I didn't care for longtime and did quite well, then I visited this crap of a thread