Thank you so much for this information. We will keep the rest of this branch private.

Yes, giving some people the access of their money, and other people no access, IS A CRIME.

Yes, giving different information to different customers, so that some of them can profit financially on the expense of others, IS A CRIME.

Yes, lying in the age of open Internet is fucking distasteful. What are you waiting for? No matter how much time passes and how much money you can suck from your victims, you are still a bunch of lying bastards AND CRIMINALS. (That is, unless "justice" system is meanwhile completely overhauled to prosecute only victimless "crimes" instead of the real ones where the criminal does harm others.. )


Ah you (sturle) were so smart as to have prioritized address to the trading system so that you can pull your orders in the middle of my market buy execution? How smart you are, congratulations. Listen now, asshole: I also operate a silverbank, and know what is an honest way to design such systems, and not by a frigging long-shot would there be such an exploit that you mentioned!!! You are so deep in your crime that you deny even realizing it, making you such a sad clown in everyone's eyes who have a shred of sense of justice left.


Because in my case your advice did not work! The forum may freely decide if I am inherently so impotent of getting my own money out of the Gox system that $150k to get it out after a month of trying is a suitable penalty (EVEN after consulting sturle, EVEN after being verified customer with BTC2,000 daily limit, EVEN after exploring all possibilities with sending tickets which were EVEN answered) ?? OR if there is something else to it. Gox does discriminate its users and is doing in such an asinine way that I am truly disgusted. Can't you even see that after this many reports on how we, the underprivileged, see it - you are either a liar or a snitch. There is no middle ground! In practice liar merges with a snitch, so **** ***!


How about you post a receipt for the BTC you sold to me! The buyer is Eesti Investeerimishobe OU regd in Estonia. I need seller's name, ssn and tax declaration that the btc was private property void of gst/vat, or in case of corporate seller, the relevant info. Failure to send the documents may lead to investigation. (We keep all our customer data proprietary, unlike the whore, MtGox).

Dear mods,

Yes, I said "fuck you" 4 times, after learning that sturle is selling me my very own money that he gets to withdraw from Mt.Gox whereas I don't, pocketing a profit, calling me useful idiot, and bragging about the whole matter in public.

Just in case swearing is prohibited by rules.

sturle: **** ***.

Others: I am seeking for legal advice, solicit by PM.

They played with me all this time compounding my losses (premium going up). Finally I was in the understanding that I can only withdraw EUR 10,000 per 20 days, which in reality is about 80,000 per year IF the situation does not get worse. Considering that it was constantly and rapidly getting worse (as evidenced by the premium to BS widening rapidly in 25-26), and in my evaluation 25% would trigger a full panic, I pre-empted at 23%. The panic came later same day.

Now, listen: The only thing that stopped Gox dollars from becoming worthless that day was the escalation of BTC withdrawal difficulties. As goxBTC becomes endangered also, their ratio can better be manipulated (both are at the mercy of the puppetmasters). I don't know which is the cause and which is the effect of these. But bank run followed.

Fuck you.

You were personally aware of my case. Is there something you would have done otherwise? How much do the Gox owe me now after one month of time wasted + $150k in costs? Apparently nothing, since you are so smart to be on the other side of the trade.


Which is pure and unadulterated hogwash. During my effort to get something out from the shithole, the situation got constantly more difficult, and the system started to work strangely. How do you explain for example this. data.

When trying to get out, I needed to buy bitcoins. There was 700 bitcoins offered until $982, which was a reasonable 0.6% slippage from the current price which was in the verge of a full-blown panic (23% over BS). At 9:57 I enter a market order to buy 700 bitcoins. The goxlag is about 2 minutes, after which I learn that I only get like 470 bitcoins. Where did the rest go? I made about 4% extra loss by purchasing them later when the price was higher. Needless to say, my turnover in exchanges in 2013 was in the $10,000,000s and I have executed quite a few market orders (almost 10,000 trades totally) and NEVER experienced such a trick.


Are you so distanced from reality that you don't even realize that using insider information (such as timing of refills in the instance when others cannot get their money out, and then selling the very coins withdrawn to the very customers who cannot withdraw due to their lack of said insider information) IS A CRIME.

Choose one: You get proprietary information from Mt.Gox technical workings, transfer to yourself the money that supposedly was there for everyone, and sell it for profit to the actual recipients. [] FRAUD [] NOT FRAUD.

Mt.Gox: You better destroy your archives quickly, for otherwise all your co-conspirators will get crushed when the LE is upon this. Fuck you.
NSA/FBI/KGB/CIA: If the said exchange is under your control and Mark is held hostage, fuck you.
Sturle: Fuck you.

Mt.Gox inactions are below every standard, and it is 100% them who are to blame. The customers have every right to expect that the "market leader" functions at least as well as the fly-by-night exchanges. Instead of calling long-standing forum members like me "useful idiots", you do well to consider the above and following points.

I sent you PM several weeks ago asking what could be the best way to get money out of Gox. In Jan 26, full 14 days ago and after long time of useless correspondence with their customer service, I decided that enough is enough, and converted $800k to BTC at top markup, triggering the panic rally to >1,000. Then the withdrawals were already dysfunctional and I could get only about 55% out, the process being the main joy of my life 24/7 for more than a week. The rest I estimated that I better sell at an average price of 83% than leave them there.

Listen now, smartass: That people need their money that the service is obligated to give them upon request, does not make them idiots. I am fully aware that I have lost $150k in the debacle, am I an idiot? For every seller there is a buyer, and somebody is now enjoying my money. I have nothing against people who do honest arbitrage (I do, myself) but manufacturing (or: not fixing by criminal negligence) technical problems and causing unforeseen and unbearable difficulties to your customers, and then offering an extortionate solution, is despicable, loathsome, hateful, spiteful, detestable and abominable.


Now, I take a risk. I did not even wait 7 days to get my goods out, since I think the 83% odds were on my side. If Mt.Gox gets everything done so that everybody who wants (perhaps somebody has not heard about this or is dead or whatever and thus does not want) his coins out, he can get them, on Monday, then Mt.Gox and its principals are still despicable, loathsome, hateful, spiteful, detestable and abominable (old crimes are not forgiven just because switch has been turned ON for a time), but in addition I am a fool and an idiot. I should be better connected to know exactly every BTC bank where to keep even a tiny bit of my stash. (There is a reason why I own Silverbank.)

That is only 150x from here.

When I bought, it took only 2 years to 150x.

My friend bought at an opportune time in 2010, it took <1 year to 150x his money.

Yes, I say it is very much a possibility.

That maybe 20%.

80% biggest reason is the trendline, which rises relentlessly, doubling every 99 days. It is just unlikely that it would go so deep below the trend. So if 2012 happens, we just grind at 800 (which is the new 5), and then slowly start to rise.


Yes, I speak from my own experience that I permanently took away from exchange in January much more money than I originally envisioned in November (because I got tired of waiting, and fiat has its uses, and keeping money in exchange is a risk). If other sellers have done the same, the buy support has just dwindled, and there are still the bulls waiting to panic and cause further drops in price.

What a vote of confidence 

I have the feeling that we have to go below the trend for some time now, and at the close of the year, we will still be in the trend channel of $3-$13k. Ahhh... boring. :p

I can buy goxBTC at 0.6 BTC

I've been saying since December that we have until end of March to consummate all this. Currently it looks like this month but could be the next also.

If we do not see $500 before end of March, it gets unlikely to see it ever. There will be ups and downs but if even the decisive down only goes to $700 it does not have the same meaning any more. (You can buy at $700 now, which the bulls some time ago regarded as impossible).

I think it goes to $500 and lower quite soon, but if this were 100% certain for all, we would be there already 

- I don't see 266 to be broken, and my belief is backed by the two previous bubbles (ie. not much).

- It could go to low 300s if you ask me, which is good value if you have excess fiat.

- A double bottom in around 382 seems quite realistic.

- 500 will be broken almost surely, before we can move up.

As regards bid depth, can you see that Gox bid depth above 500 has gone down to 1/3 of what it was? Bid depth does not mean much because part of it is manipulation and the other part belongs to people whose considerations change along with price.

It was just luck, boys...

Let's not clutter this thread with the needless debate re:why the fuck they are not acting as normal people..

Market has spoken and today goxBTC was 83%. Unless others give other figures.

If you think that fat chance they will open anything on Monday, there are willing buyers for your coins here.

goxUSD has been valued about 0.87 when BTC withdrawals were working and fiat did not (15% premium in goxBTC price).
Now goxBTC is 0.95 compared to goxUSD and no withdrawals are working.

So, logically goxBTC should be trading at 0.87*0.95=0.83, which it indeed is (made trades at that price today).

So the probability that they resume withdrawals is much greater than 83%, because there is also the scenario that despite resuming, no realistic improvement has happened and essentially you cannot get everything out if you wished. And the scenario that it takes long before it works.

Following.

Owners of goxBTC may for example:
- Believe that Gox has fallen victim of an unreported theft, hack, scam or seizure and do not have the full amount of coins
- Believe that ongoing investigations result in seizure which may take years and may result in BTC returned as fiat
- Need the money which Gox has kept hostage for weeks in case of many
- Prepare to sue Mt.Gox or do something damaging to them and just want to get the money out from retaliatory action by Gox
- Have insider information.

; all with certain probabilities.

In every scenario, the actions of Mt.Gox are most contemptible. The price of goxBTC, which has been around 83% lately, reflects the level-headed analysis by market participants, concerning what is the confidence that Gox will surrender the money. Prior to this, goxUSD has been trading at 80%. Even inside of Gox, the market has currently given up hope to get coins out, because they are trading at 5% discount even relative to goxUSD, which we have known for long, is a high-risk variable income paper, and nothing resembling a currency.

Selling. I want to give people more than I take!