Bitcoin Forum
April 26, 2024, 04:24:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: MtGox Down?  (Read 2664 times)
Bazil (OP)
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
June 12, 2011, 06:01:16 PM
 #1

MtGox seems to be down, no trades going on. Trying to buy or sell doesn't seem to work.  Anyone know what's going on?

17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
BitcoinCleanup.com: Learn why Bitcoin isn't bad for the environment
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714105495
Hero Member
*
Offline Offline

Posts: 1714105495

View Profile Personal Message (Offline)

Ignore
1714105495
Reply with quote  #2

1714105495
Report to moderator
jaybny
Sr. Member
****
Offline Offline

Activity: 410
Merit: 250


Proof-of-Skill - protoblock.com


View Profile WWW
June 12, 2011, 06:01:46 PM
 #2

wake him up to restart engine!

Protoblock turns knowledge of American football into Fantasybit coin, a margin token used to monetize leveraged skill.

https://twitter.com/jaybny/status/1022596877332762624
tito13kfm
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 12, 2011, 06:28:24 PM
 #3

MtGox seems to be down, no trades going on. Trying to buy or sell doesn't seem to work.  Anyone know what's going on?

All your funds have been seized!  Run!!!

Oh no wait.. Looks like a technical problem.  Carry on.

I can't even imagine the amount of panic selling that will happen as soon as it come back...
zpinto
Newbie
*
Offline Offline

Activity: 58
Merit: 0


View Profile
June 12, 2011, 06:34:54 PM
 #4

Yup, we're going to see some big PANIC selling when mtgox comes back.
Going to sell my bitcoins as soon as it comes back, because im pretty sure we'll be seeing 14$/btc today still.
enmaku
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500


View Profile
June 12, 2011, 06:37:54 PM
 #5

I was wondering why I deposited BTC, had 12 confirmations and still didn't see it in my account. I really hope their systems can account for transactions that happen during this outage, I'd hate to lose my BTC Sad
tito13kfm
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 12, 2011, 06:39:57 PM
 #6

Yup, we're going to see some big PANIC selling when mtgox comes back.
Going to sell my bitcoins as soon as it comes back, because im pretty sure we'll be seeing 14$/btc today still.

You do realize the price will rebound back up.  If anything buy more when it comes back up, get your DCA lower for potential larger profits.  Or hope you are one of the fastest sellers and rebuy when you think it hits the low.
Sukrim
Legendary
*
Offline Offline

Activity: 2618
Merit: 1006


View Profile
June 12, 2011, 07:06:32 PM
 #7

If you have USD, put up a buy order for whatever you think will be the bottom line (like 14 USD, 10 USD or whatever), if you have BTC sell immediately for whatever it's worth atm (~20 USD?) and then put up a sell order for whatever you think will be the low point.

It could however swing in the other direction as well, with huge buys, a swing to 30(?) and then backfire again with the sales...

Preparing background music for whenever the "Magic the Gathering Online Exchange" is back up:
http://www.youtube.com/watch?v=MK6TXMsvgQg

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
tito13kfm
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 12, 2011, 07:09:53 PM
 #8

If you have USD, put up a buy order for whatever you think will be the bottom line (like 14 USD, 10 USD or whatever), if you have BTC sell immediately for whatever it's worth atm (~20 USD?) and then put up a sell order for whatever you think will be the low point.

It could however swing in the other direction as well, with huge buys, a swing to 30(?) and then backfire again with the sales...

Preparing background music for whenever the "Magic the Gathering Online Exchange" is back up:
http://www.youtube.com/watch?v=MK6TXMsvgQg

I knew what this was going to be before I clicked the link.

Fun Fact.  That song is called Yakety Sax and it reached the Top40 on the Billboard charts in 1963.  People in the 60's sure had a weird taste in music.
Xiaoxiao
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000

The Golden Rule Rules


View Profile
June 12, 2011, 07:42:31 PM
 #9

Anyone saying when MTGOX resumes there will be panic selling is misinformed or want panic to get a lower price.
Justsomeforumuser
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
June 12, 2011, 07:48:39 PM
 #10

I am amazed there isn't more clamouring about this.

I would have placed an order for a price some hours ago, but all I got was "Another trade is still in progress, please retry in a few seconds" for several tries.

I leave, I come back, the price has traded, I was not able to get the order in before I left, I did not manage to convert.


Should be a fairly annoying issue to most people, I'd hazard?
It's quite a bit of opportunity cost racking up.

Ho-Hum.
Capitan
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
June 12, 2011, 08:31:05 PM
 #11

Selling because you know other people will panic sell -- but everyone else is also selling for the same reason. That's just awesome herd flock mentality.


Yup, we're going to see some big PANIC selling when mtgox comes back.
Going to sell my bitcoins as soon as it comes back, because im pretty sure we'll be seeing 14$/btc today still.

You do realize the price will rebound back up.  If anything buy more when it comes back up, get your DCA lower for potential larger profits.  Or hope you are one of the fastest sellers and rebuy when you think it hits the low.
Bazil (OP)
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
June 12, 2011, 08:33:45 PM
 #12

I think it'll be another hour or so.  That's when Tux gets up I think.  Just go trade at tradehill till then

17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
NielDLR
Member
**
Offline Offline

Activity: 95
Merit: 10



View Profile WWW
June 12, 2011, 08:37:20 PM
 #13

It's live again!
http://mtgoxlive.com/orders

The Cypherfunks - A decentralized band and cryptocurrency. The first cryptocollective.
Jack of Diamonds
Sr. Member
****
Offline Offline

Activity: 252
Merit: 251



View Profile
June 12, 2011, 08:55:48 PM
Last edit: June 12, 2011, 09:08:05 PM by xonar
 #14

If you have USD, put up a buy order for whatever you think will be the bottom line (like 14 USD, 10 USD or whatever), if you have BTC sell immediately for whatever it's worth atm (~20 USD?) and then put up a sell order for whatever you think will be the low point.

It could however swing in the other direction as well, with huge buys, a swing to 30(?) and then backfire again with the sales...

Preparing background music for whenever the "Magic the Gathering Online Exchange" is back up:
http://www.youtube.com/watch?v=MK6TXMsvgQg

Hahaha. That is awesome, sir.

It's now my theme song while watching the live order status on Mt. Gox.

Reminds me of those old black-and-white movies with people running stairs up and down fast.

1f3gHNoBodYw1LLs3ndY0UanYB1tC0lnsBec4USeYoU9AREaCH34PBeGgAR67fx
kicir
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile WWW
June 12, 2011, 08:59:15 PM
 #15

no selloff whatsoever
tito13kfm
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 12, 2011, 09:10:52 PM
 #16

no selloff whatsoever

Damn... Oh well, there's always the hope for a late Sunday panic.  I'd love to pick some more up around $15 before the week starts
NielDLR
Member
**
Offline Offline

Activity: 95
Merit: 10



View Profile WWW
June 12, 2011, 09:13:50 PM
 #17

no selloff whatsoever

Damn... Oh well, there's always the hope for a late Sunday panic.  I'd love to pick some more up around $15 before the week starts

Same here. But there's still another few hours left of trading Smiley

The Cypherfunks - A decentralized band and cryptocurrency. The first cryptocollective.
Bazil (OP)
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
June 12, 2011, 09:37:01 PM
 #18

once the sun comes up in Europe there will probably be a price run up, so you better buy before that, which is around 6 hours I think.

17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
Xiong Zhuang
Member
**
Offline Offline

Activity: 102
Merit: 10


View Profile
June 13, 2011, 02:55:12 AM
 #19

Is the MtGox OK now? They wake up already and just reply my mail.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!