Hi,

just I have to say that I'm impressed with my 5-digit EUR transfer credited on the same day it was sent from my bank.
Way to go BitStamp.

He's successfully interviewed for the Gox shill position. Trolling is part of his new role.
Just put him in ignore list and leave him there.

What a load of bollocks, Gox support 

Bigger transactions qualify for no network fee and are relayed straightaway.
We all know how long does it take for 6 confirmations.
And... your internet connection speed? Network congestion? Really?
What a fscking load of bollocks.

As already said in this forum, BitStamp's bank is not Slovenian although it operates in Slovenia.

http://en.wikipedia.org/wiki/UniCredit

UniCredit is a large Italian bank partly owned by German investors. It is less likely to fail than a  local Slovenian bank.

There is a certain "drag effect" that makes it so that the bank run on Gox brings also Stamp price up.
On as to how much of that drag is due to end of holidays + new bubble starting rather than due to suckers that think "Gox price is up, buy buy buy on Stamp that's cheaper" - well that topic is likely going to be a hot debate in the speculation forum.

Arbitragemillions which could come handy to Gox e.g. in order to counterbalance Dwolla seizure and pay for legal expenses?

Can't help thinking there is a possibility that we all are being played big time.
Might be harsh but after all we are moving in libertarian fuckall territory.

Hey guys it's Wednesday and no news yet.

Did any transfer sent to BitStamp SEPA last Friday get credited?

https://bitcointalk.org/index.php?topic=272454.0

There are two more complaints in the main withdrawal delays thread: someone claims he has not been able to take coins out since July 29 and someone else claims that he always gets an error message saying his IP was banned due to too many attempts - even if he tries to connect with another computer and different IP.

It might be too late to wait.

should be ready by Tuesday or Wednesday the latest.

You are right there. AFAIK A SEPA transfer has to clear within 48 hours.
I think that the alleged "queue" is at Gox, not at the bank.
The bank only accepts transfers up to a certain amount per day and rejects the rest.
They are allowed to do so. AFAIK there is always a cap to transfers in any bank account's terms and conditions.
So the bank is legally in the clear.

Side note: last SEPA transfers seem to have arrived from Germany not Poland. Can anyone confirm?

Ok here's my speculation of the day:

There is at least one major international bank (Citi) which is part of many SWIFT chains and is refusing transfers to/from Gox.
Maybe Bank of America is also causing troubles along the chain. Why? Because they can. ("yeah Gox, come after us in court if you can afford it")
Those banks are playing dirty tricks like refusing some of the transfers and causing late chargebacks. That would explains why Japan transfers are allegedly working fine.
The SEPA problem is of different nature: all SEPA banks atm honour the transfers but the MtGox business is "not so desirable" for the Polish bank they use, whatever reason there might be. So SEPA is slow because the bank put a cap on the maximum amounts that can go out via SEPA.

MtGox chooses not to clearly communicate the banking problems they are having because doing so would cause a sudden run on them. A slow death is better than a sudden death. Maybe at this point in time they still hope to bring down their volume to a manageable size without totally disappearing into oblivion.

The bad banks work by flagging / blacklisting accounts so in order to counteract their measures Gox is trying to play hide and seek: open a number of accounts with other banks. Splitting the money across multiple pots allows them to be more resistant to individual account freezes. But it also implies a management overhead and extra costs for moving the money across accounts / keeping them replenished.

In the meanwhile nobody knowns the size of the Dwolla seizure, nor whether any other seizures have happened, nor the amount of damage caused by reversed deposits.

As of today, were there to be a run on Gox, they would end up insolvent and bankrupt. Which still has a high likeliness to happen.
I think they are hanging around hoping to find a way out of the tunnel.

Search the forum. BitStamp SEPA transfers work fine. Switzerland is SEPA member.

BitStamp exchange is priced in USD but they only receive/send EUR via SEPA. So all their transfers are converted to EUR although they use ECB reference rates so they take no extra cut out of the conversion* - but your bank might take an additional conversion fee for transfers in a foreign currency. So you might want to open a bank account in EUR which I'm sure is possible in Switzerland.

* anyone correct me if I'm wrong here.

So did your posts on the speculation forum during April bubble collapse. Yes, the frustrated ones, the ones you deleted.



Sorry I unignored you out of vanity. Mistake soon to be corrected 

Someone who knows I'm into bitcoins just sent me a link to this:

http://vimeo.com/71559751

I googled for it and I found that a flash mob event was presumably organized in Berlin.

http://www.meetup.com/Bitcoin-Lab-Berlin/messages/boards/thread/34789392

Does anyone have more info to share about this event and app?
Because I just think that the idea in itself is freaking cool.

EDIT: Corrected to "Mockumentary" after more googling around. So no such app exists yet. Reason: http://www.berlinsymphony.com/

And MtGox withdrawal as well with date pls.

Pics or it didn't happen!

Before posting please edit the pics (using Paint or whatever) and hide your personal details.

Let me guess that.

Because if for RoyalSands it is such a pain just to write a letter, print it and post it (which I totally understand), imagine how painful it is to find time to go see a lawyer. Whose fees will be higher than those 943$.
Because it is a matter of principle with little money involved.
Those matters are the harder ones to justify fighting for. I mean for people who have better things to do in life.

But still.

Either you were picked last at sarcasm class or it is the orange ignore button what you are really after.

whoops


eczsuse me poor anglais yer lord.
Me forign immigrant skum

So here's my morning's brain fart:

US banks and US govt are circling around Karpeles' business. He knows that the Powers that Be have decided MtGox' death. He can't win this epic battle legally.

Also it's been said multiple times in this forum: bitcoin economy is too centralized around a single exchange. For the sake of Bitcoin's success, elephant MtGox has to go.
Karpeles knows that and he is a strong believer in the bitcoin idea. To the point of sacrificing his own business for the success of bitcoins.
So rather than going out with a big boom he is doing the bitcoin economy a favour by making MtGox slowly fail and die.

In such context Roger Ver's video kinda makes sense. He's helping Gox' slow exit from the scene. He is not lying but his act is meant to be ambiguous and not inspiring confidence.

Karpeles: the hero that bitcoin community deserves, but not the one it needs right now  

EDIT: corrected most of the spelling mistakes to please our native English speaking friends. But left some just because it's a nice day outside.