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Author Topic: mt.Gox and verified status  (Read 886 times)
Templeton
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April 20, 2013, 02:36:25 PM
 #21

Personally, I barely trust MtGox w/ my BTC (i'm only there for trading because MTGOX is the market with the most liquidity).  If you're trying to cash out of BTC and you don't want to give your personal info to anyone, might i suggest SPENDING your BTC rather than converting it to fiat.  Spending them would not only let you avoid the necessity of giving up your info, it would also help the BTC community by using it for actual trade thereby reenforcing its utility as a currency.
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rmbc
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April 20, 2013, 02:45:52 PM
 #22

Personally, I barely trust MtGox w/ my BTC (i'm only there for trading because MTGOX is the market with the most liquidity).  If you're trying to cash out of BTC and you don't want to give your personal info to anyone, might i suggest SPENDING your BTC rather than converting it to fiat.  Spending them would not only let you avoid the necessity of giving up your info, it would also help the BTC community by using it for actual trade thereby reenforcing its utility as a currency.

Fully agree with that, at this point that's pretty much what I plan to do with my remaining coins (those not stuck in mtGox anyway)
the market has matured very nicely in the past years so there is plenty of choice now.

I doesn't solve my mtgox woes though. there is (for me) a sizeable amount left there. I got too exited when the price went +100 Cry
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April 25, 2013, 10:57:25 PM
 #23

So as it turns out, mt gox support refuses to provide any answers.  Sad
All they do is use (probably standard) replies referring me to their verification process.

I guess to get real answers I'd have to sue ? which seems excessive.
Has anyone gone down that route ? being in the EU myself it's probably easier to go via the french owner ?


In any case: word of warning to anyone considering using mtgox: become verified before putting any money or coins in there !
If you're not, they can use that as justification to freeze your account at any time. no other reason required, no way to unfreeze it without.
hopelessinvestor
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April 25, 2013, 11:11:19 PM
 #24

Currently waiting to be verified before I trade with them. I do feel sketched about giving them my full identity in the fear that it may be intercepted. But i currently have full identity theft protection under my name. Prepare for the worst, hope for the best.
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