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they definitely need some kind of status update on twitter or something
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Hi All,
I'm just wondering how Mt.Gox (and other brokerage sites) actually work? Do they have actual branches of their banks or is it like a separate company that holds a bank account and sets up a database of users to transfer funds to separately? I know Mt Gox's bank is in Japan but is the company also hosted there. Just very confused with regard to security and how they're set up to make all this happen without any pressure from banks or governments. So how does something like Mt Gox actually get set up? Still researching a ton about BTC in general and have a lot of questions but this one was kind of nagging me.
Actually, MtGox is more than just Japan. Our head office is located in Tokyo (in Shibuya), and we have branches all around the world. For example for European deposits, we have a bank account in Poland held by MtGox Poland. We comply as much as possible with local regulations in countries where we are present, and always look for opportunities to make our activity more compliant. In Japan we discussed with the FSA ( http://www.fsa.go.jp/ ) and were told that our activity is fine as it is now. We are also working with authorities in Europe and US to ensure our activity is in line with local regulations. Very cool, thanks for replying. So for every account that signs up, you have a separate database (with the merchant account number like MTG12X45459 or whatever) that you transfer the incoming bank funds to? Also for instance if all deposits go to the Japan bank - doesn't it cost you money to pay out in USD - or are all your accounts foreign currency accounts? Just wondering how you avoid all the fees (or is it simply built into your .6% and 1000yen fee)?
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Hi All,
I'm just wondering how Mt.Gox (and other brokerage sites) actually work? Do they have actual branches of their banks or is it like a separate company that holds a bank account and sets up a database of users to transfer funds to separately? I know Mt Gox's bank is in Japan but is the company also hosted there. Just very confused with regard to security and how they're set up to make all this happen without any pressure from banks or governments. So how does something like Mt Gox actually get set up? Still researching a ton about BTC in general and have a lot of questions but this one was kind of nagging me.
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SSL certificate is expired - I'd rather not go in until that's settled.
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If you haven't found a designer already I can help you out. PM me if you are still in need.
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key2 sent me his wallet details and I was able to login successfully and couldn't see any particular problems. Perhaps it is a caching issue.
Yes, and thank you so much for your help, and sorry for all the confusion. Very strange. Though I'm still being asked for a private key which never happened before (I PMed you again). Thanks for all your help, anyone who responded here, I really appreciate it. edit for anyone that might still read: everything is officially back to normal. Thanks a lot to piuk and the rest of people helping out.
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Ok, I created the blockchain account very recently though
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Hey just wondering if you might know how long it will take. It's been on:
Replaying blockchain from date "Mar 13, 2009" Stopping Bitcoin network connection... Synchronising with network...
For about an hour now
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Go to Tools --> Reset Blockchain and Transactions. See if it has the option to reset since the genesis block checked and apply. Wait a couple minutes till it syncs and you'll see your coin.
I reset from First Date, it now says "Synchronised with Network" but the wallet is still at 0. However the wallet has a different address than the one I had on blockchain. So does this mean my btc is gone? No. Reset again but use a date that is before the date you created the wallet at Blockchain.info. Choose a date on the calendar a few years back, like March 13 2009, to when Blockchain.info didn't existed yet. Ok - it's now loading. Thanks I will update
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I tried to log in to Blockchain.info again - the error is with Decrypting Wallet and Downloading Wallet
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Go to Tools --> Reset Blockchain and Transactions. See if it has the option to reset since the genesis block checked and apply. Wait a couple minutes till it syncs and you'll see your coin.
I reset from First Date, it now says "Synchronised with Network" but the wallet is still at 0. However the wallet has a different address than the one I had on blockchain. So does this mean my btc is gone?
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Ok, the sync on bitcoin-qt would have taken forever so I downloaded Multibit. I attempted to import the key and something weird occured. The password it needed for my first password (I have 2 on the blockchain account) was actually the one I tried to upgrade to when Blockchain.info kicked me out the first time. However, trying to login to BC with that password results in "Error decrypting Wallet".
btw @Piuk - that must have been the error I was getting when I was kicked out - "Error decrypting Wallet"
Anyway - so now I've managed to successfully import to Multibit but it says "There were missing dates. Have to go back to Genesis block"
It says on the help screen that it could take up to 2 hours or more for this - but my current balance is at 0 and my new wallet doesn't look like it's been imported - on the left side it still has the one Multibit came with. Will this be amended when the blockchain is Synced? Also there is no progress bar so it's hard for me to tell if anything is actually happening.
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Another slightly unrelated question - where I live I need to use VPN all the time but it goes in and out. will this affect my security? I use a paid VPN service that respects anonymity.
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Ok, thanks a lot again for your help, I'll keep updating.
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If you're worried that your Blockchain wallet is compromised, you can import the backup into Multibit and then move the funds in the imported addresses to new addresses.
Ok, thanks a lot for your response - I will try this out. Edit: Oh, not sure if it can be used but I already downloaded Bitcoin-qt a while ago, just never used it. Could I do the same there?
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Does anyone know if there's a way for me to use my Google Drive backup to fix this? I'm not exactly sure how the backup works. My account says junior member but I'm definitely still a newbie, so apologies if this is a dumb question.
Download the wallet.aes.json file from Google Drive, go to https://blockchain.info/wallet/import-wallet, and then drag and drop the wallet.aes.json file into the box. But is there a way for me to get the wallet off of blockchain? As in take the backup from GD and put it somewhere else? I'm worried my Blockchain account is compromised. I need to create a different account if I am to do what you wrote.
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Does anyone know if there's a way for me to use my Google Drive backup to fix this? I'm not exactly sure how the backup works. My account says junior member but I'm definitely still a newbie, so apologies if this is a dumb question.
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What is the exact error your are receiving? ("Unable to decrypt password" is not an error message). What browser are you using?
Using Chrome. The error appears randomly when I get kicked out - sometimes no error at all. I will try to recreate but recently I just get kicked out with no error at all. edit: I keep trying but the error is not showing up anymore - just getting kicked out. edit 2: If it will help, I can get a video of my screen during the login process and PM you. edit 3: I forgot to mention that I have a Google Drive backup. Can I use this to help me out in some way?
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Hi all,
First let me say I have a support ticket with Blockchain about this, but waiting to hear back is killing me and I'm worried I'm at risk for a larger problem.
I have a Blockchain.info wallet that I use for my transaction. I recently bought my first BTC and have just been kind of researching/exploring. Blockchain seemed to be the easiest and safest method of starting out. I had no problems transferring to and from within the first few days. However, yesterday (AFTER the fork was resolved) I tried to send a small amount to my Seals with Clubs account using the Android app (which worked for me in the past doing the same thing). However something strange occurred - it asked me for my private key to authorize the payment. It didn't ask me this the first time and I didn't even have the private key. I was unaware of the Export feature so I never did that - the key and info are on Blockchain only. Why would it start asking for the private key to authorize? I have the second password set up for that.
Then I logged into the web version. I have 2-type authentication with my email, fwiw. Once I'm in I try to send and it says it can't process the outputs or something - I can't remember the exact error. Then I started to worry that my account was compromised. So I went to the passwords section of accounts and tried to change my passwords to be more secure (they were already quite strong, plus I had 2 passwords set up to authorize transactions). I was unable to update the passwords - the site kept giving me errors. I then tried to update the main password and it seemed to succeed, but then I was kicked out of the site back to the login screen. I tries to login with the new password I just set and it didn't work. Then I tried the old password and it worked, for a split second only. I logged in, was able to see the account and then was instantly logged out with the error "Unable to decrypt password" or something like it. Now whenever I try to log in - that's what happens. It logs in for a split second then kicks me out.
Each time I log in for that split second though, I see my BTC balance still there - so not sure what this means.
Any help or advice would be greatly appreciated. I will know to export my wallet in the future.
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