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

finally someone who talks sense.. They will have the withdrawals fixed within a week or two i reckon. Then the BTC price will rocket again.

Despite what a thousand Fuddy trolls on this forum will tell you - Gox DOES pay out. I have had many cash withdrawals from them and basically never had any issues with them. The current bug -fixing halt on BTC withdrawals is a bit worrying, but I don't see any factual reason to think that they are lying about that. They want to remain the biggest exchange so obviously they will fix the problem. BUY THE COINS NOW while they are cheap!

what the f**k is fiat good for?

cheesburgers?

did you hear back from Gox support yet?

Exactly - Gox coins going very cheap right now. Buy em while you still can

SELL ALL YOUR COINS ON GOX NOW
Their EURO, AUD, YEN and most currencies i think now are fine for withdrawals - it might take you 4 weeks to get your money - but you will get it.
SELL THEM NOW

The point of this thread was to make it clear that the recent turmoil is not due to Gox wanting to scam everyone as so many people think.
The coinbase article makes it clear that their really is a vulnerability which will be fixed soon.
Everything else is FUD

good. now all the gox-haters can stfu

Oh OK, thanks for that mat, what was that? "me being me" LOL!

On a serious note: bitcoin is - what it always has been - completely un-destroyable, a de-centralised resiliant money that cannot be taken down however hard those tossers at JP Morgan or whoever try. They cannot do it. And I think they will eventually give up on trying to take it down and they'll just try to tax it instead or something. Why do they need to spend loads of money trying to kill it anyway, when everyone still needs fiat currency. Germany has already embraced it and decided to try and tax it. Others will allow follow suit soon.

Yes! Well done.

"me being me" !!!! LOL you can talk!

My analysis serves me very well thanks. And on top of that I can actually read articles.

OK it's final, the recent halt of BTC withdrawals at Gox is not some kind of troll-inducing paranoia conspiracy plan to steal everyone's coins as so many people on this forum claim.

And here is the FINAL PROOF: http://www.coindesk.com/massive-concerted-attack-launched-bitcoin-exchanges/

A massive DDOS attack involving malformed transactions can effect some older bitcoind clients. So all the big exchanges are temporarily halting BTC transactions so they can make sure the bug is fixed.

"I would expect to see withdrawals flowing again within 24 and 72 hours, and in the meantime, any withdrawals that were cancelled will reappear in customer account balances,” Antonopoulos explained.

In a week or 2 times this whole thing will seem like it never happened.

If any of you freaked out trolls actually can read - then you would have read this in the article mentioned above ( http://www.coindesk.com/massive-concerted-attack-launched-bitcoin-exchanges/ ) :

"“This is not happening to other exchanges because they’re not stupid enough to issue withdrawals without checking them out first,” he explained.

Antonopoulos said we will see a few exchanges suspend withdrawals temporarily while they re-work their accounting systems to ensure they are not confused by the attack.

“It’s important to note no funds have been lost. Withdrawals have been halted to prevent funds from being lost or to prevent the balances from going out of sync,” he stressed."

This problem is NOT the sky falling in. It only affects the older versions of bitcoind. Gox are using a modified version of an older client. So they have been affected worst. I don't think any other exchange does, but they will take care too to make sure the bug doesn't hit them.

Is anyone surprised that there is a constant effort to take down bitcoin? Of course there is. But they will not succeed!

The bug Antonopoulos is talking about it VERY easy for them to work around.

In fact this is BRILLIANT NEWS! It's not Gox trying to scam everyone as so many trolls here are preaching. It really is a bug in the old bitcoin client which is affetcing EVERY exchange and they will get it fixed very soon:

"An industry-wide coordinated response has been put into action, with exchanges and core developers collaborating actively to attack the problem from multiple angles.

Various other groups within the ecosystem, including the big mining pools, are working to stop the issue from propagating across the network.

Any exchanges that are affected are working on fixing their internal systems so they correct the account balances and can resume withdrawals as soon as possible.

“I would expect to see withdrawals flowing again within 24 and 72 hours, and in the meantime, any withdrawals that were cancelled will reappear in customer account balances,” Antonopoulos explained."

OK can we all agree to stop blaming Gox now?

Does nobody think that it could be the central banksters trying to crash bitcoin price?
That was the first thing i thought of.

Speculation! It's good to remember that this is a speculation forum!

That's what I expect. They have loads of USD withdrawals in a queue. Syrely the Gox BTC/USD rate shooting up would benefit them greatly too - so they don't have everyone extracting all their BTC.

No it's not fake. I have done a bunch of withdrawals recently FIAT - not BTC

I'm guessing that soon as they re-open withdrawals there'll be a lot of people who have fiat in there who will suddenly want to buy loads of coins at their new low rate. I guess that will quickly make their price rise back up to what it was before and then they'll be back where they were again - with a higher price than everyone else again.

I'm still not sure whether the price dropped BEFORE they stopped BTC widthdrawals or AFTER? Does anyone know what time they shut down the BTC withdrawals on the 7th?

Is it really that difficult to check whether a payment has arrived in a wallet or not?
You just look at the block chain! How can anyone make it look like a payment "make it seem like a sending of bitcoins to a bitcoin wallet did not occur when in fact it did occur." ?

Surely you just look up the wallet address that you sent the money to - if it is there then it HAS been sent!