Sitarow
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Activity: 1792
Merit: 1047
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November 07, 2013, 04:30:30 PM |
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Virtex just got over its ATH, now 292$, it had a correction with good volume, and is now ready to break away.
During the last bubble Virtex was consistently $10 ahead of Gox (and that was when we had parity). Any idea why it's falling behind this time? I would have expected the opposite with all the ATM news. Maybe because people are using BTC to buy stuff with Virtex debit cards? |
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haightst
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Activity: 42
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November 07, 2013, 04:32:01 PM |
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So does the bubble break at $366 or $532?
more like 1337 husshhhhhhh that is an "Abstract" #  |
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gambitv
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November 07, 2013, 04:37:13 PM |
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It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...
Ah! That's a pretty good technical explanation really. I just tried a BTC withdraw out of curiosity. Lets see how long it takes. EDIT: Just got the BTC as I clicked posted. Took no more then a minute. Withdrew 10 BTC as a tester (didn't want it to not work and leave a whole chunk in limbo!) So anyway, seems like FUD to me unless the amount makes any difference (which I doubt). Well, I have two transfer that show sent 13 hours ago on my account history, but do not appear in my wallet. This is the id it is sent to: https://blockchain.info/address/1CAkY8dUtuMN9chZjGdbw6fXrqrXDqTRJt |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 04:37:20 PM |
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Virtex just got over its ATH, now 292$, it had a correction with good volume, and is now ready to break away.
During the last bubble Virtex was consistently $10 ahead of Gox (and that was when we had parity). Any idea why it's falling behind this time? I would have expected the opposite with all the ATM news. Maybe because people are using BTC to buy stuff with Virtex debit cards? well all exchanges have been trending lower then gox, now that gap is closing it seems. and Virtex offers many good ways to cash out fast. i have to order a card its the cheapest way to get money out  |
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Syke
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Activity: 3878
Merit: 1193
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November 07, 2013, 04:37:47 PM |
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It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...
The solution is trivial. 2 hot wallets. All deposits go into one wallet, then when matured, then transfer to the other wallet. All withdrawls come out of the second hot wallet. Problem solved. |
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justusranvier
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Activity: 1400
Merit: 1013
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November 07, 2013, 04:39:23 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 04:41:30 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue who run out of what now?  lol |
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theonewhowaskazu
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November 07, 2013, 04:43:49 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue who run out of what now? lol The entire world, collectively, is now getting gox'd. |
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BlueTemplar
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Activity: 164
Merit: 100
Gone for a minute now back again
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November 07, 2013, 04:45:12 PM |
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gizmoh
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Activity: 1428
Merit: 1000
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November 07, 2013, 04:45:46 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue who run out of what now? lol Can't take out FIAT, nooo BUY BUY BUY !!! Can't withdraw BTC, ahhh SELL SELL SELL !!! Being Goxed both ways ... |
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crazy_rabbit
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 07, 2013, 04:46:07 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue who run out of what now? lol The entire world, collectively, is now getting gox'd. FUD. Tried it for myself. Withdrawl from gox took less then a minute. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 04:46:35 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue who run out of what now? lol The entire world, collectively, is now getting gox'd. nobody panic, everything will get sorted out, you want to be holding USD and not try to withdrawal anything * everyone panic buys BTC, and tries to withdraw* I tried. |
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Walsoraj
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November 07, 2013, 04:49:24 PM |
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Gox always finds a way to derail the biggest rallies.
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mccorvic
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November 07, 2013, 04:51:01 PM |
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Gox always finds a way to derail the biggest rallies.
Well, they haven't derailed this one.....yet. If this was back in April when Gox was still the only real player then yea, we'd be in for a hurt right now. |
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justusranvier
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Activity: 1400
Merit: 1013
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November 07, 2013, 04:51:16 PM |
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FUD. Tried it for myself. Withdrawl from gox took less then a minute.
Apparently it's random. Smaller withdrawals have a higher probability of working than larger ones. No real explanation so far as to what is causing the problem. |
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theonewhowaskazu
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November 07, 2013, 04:52:27 PM |
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This is getting absurd. I don't mean to say that Bitcoin shouldn't be going up, but what I'm seeing goes something roughly like this:
Step 1: OH SHIT GOX IS RETARDED! (*Dip/crash*)
Step 2: Why did we sell when we can only withdraw coins! (*Huge Rally on Gox*)
Step 3: Woo, I'm on Bitstamp, gox is rallying, better buy before we follow! (*Huge rally on other exchanges*)
Step 4: Yay, other exchanges are now roughly equal to gox, Gox must have fixed! Yay! BUY! (*Slow buys happen*)
Step 5: OH SHIT GOX IS RETARDED!
if people weren't damn weird, we should be permanently on Step 4. ~.~
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DougTanner
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November 07, 2013, 04:57:15 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue who run out of what now? lol The entire world, collectively, is now getting gox'd. FUD. Tried it for myself. Withdrawl from gox took less then a minute. I'm still waiting for a withdrawal from last night, it's a real problem. It's just not affecting ALL withdrawals, only ones mixed with the newly minted coins. |
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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November 07, 2013, 04:58:12 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue Mark and Gox has a special place in my heart. Reporting me to the police for being a "terrorist" is something I will never forget.  Why did they do that? what happened? |
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theonewhowaskazu
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November 07, 2013, 04:58:30 PM |
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue who run out of what now? lol The entire world, collectively, is now getting gox'd. FUD. Tried it for myself. Withdrawl from gox took less then a minute. I'm still waiting for a withdrawal from last night, it's a real problem. It's just not affecting ALL withdrawals, only ones mixed with the newly minted coins. Mine has nothing to do with newly minted coins, I don't even mine, been waiting since last night. |
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gambitv
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November 07, 2013, 05:00:41 PM |
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FUD. Tried it for myself. Withdrawl from gox took less then a minute.
Apparently it's random. Smaller withdrawals have a higher probability of working than larger ones. No real explanation so far as to what is causing the problem. So 1.1 bitcoins is large? Its not related to amount, it's just luck of the draw when you try to make the withdrawal...if you are tangled up in the 'unconfirmed' freshly minted coins. It runs off Marks special PHP and SQL code. |
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