smoothie
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LEALANA Bitcoin Grim Reaper
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January 26, 2014, 11:34:14 PM |
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Yeah it is annoying that they automatically change it to USD from BTC. Is this there way of marketing this feature to users by forcing them to have to make the change back?
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seleme
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Duelbits.com
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January 26, 2014, 11:35:28 PM |
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Because you clicked on one of the BTC amounts which switches between BTC and $? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Lol, might be, it's back to BTC again ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) BTW, just did 3 withdrawals from Gox. 2 of 5 BTC ones went immediately into Blockchain, 3rd one of 10 BTC is still not there though it's only few minutes.
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alexeft
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January 26, 2014, 11:42:52 PM |
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People are just realizing that BTC is better than Gox Bux no matter the price.
That's the best part. There more people understand bitcoin, the less need there will be for an exchange! Just use bitcoins straight!
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ampere9765
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 26, 2014, 11:44:01 PM |
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Because you clicked on one of the BTC amounts which switches between BTC and $? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Lol, might be, it's back to BTC again ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) BTW, just did 3 withdrawals from Gox. 2 of 5 BTC ones went immediately into Blockchain, 3rd one of 10 BTC is still not there though it's only few minutes. The issue with Gox is not getting coins out, its getting fiat out. The govt/banks can't stop the flow of btc. People are just realizing that BTC is better than Gox Bux no matter the price. this goes back and forth, though. iirc, the spread in % terms has been higher than this but i am lazy to confirm. if there is a pronounced crash/downtrend, i think the spread will tighten up substantially.
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seleme
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Duelbits.com
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January 26, 2014, 11:44:46 PM |
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Because you clicked on one of the BTC amounts which switches between BTC and $? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Lol, might be, it's back to BTC again ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) BTW, just did 3 withdrawals from Gox. 2 of 5 BTC ones went immediately into Blockchain, 3rd one of 10 BTC is still not there though it's only few minutes. The issue with Gox is not getting coins out, its getting fiat out. The govt/banks can't stop the flow of btc. People are just realizing that BTC is better than Gox Bux no matter the price. We'll see, my BTC withdrawals so far from Gox were smooth, this last one is still not in blockchain though.
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night man
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January 26, 2014, 11:49:02 PM |
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It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something
Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief
Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now
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seleme
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Duelbits.com
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January 26, 2014, 11:49:55 PM |
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your settings are set to that. its on the lower part of your screen to change it. No, my settings are set to Bitcoin. I can change it from USD to BTC clicking green amount button but if I refresh it it changes to dollars again.
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JorgeStolfi
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January 26, 2014, 11:50:12 PM |
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Denomination Name Legend 21000000 The Coinbase 10000000 Menger Carl Menger, founder of the Austrian School of Economics 1000000 Nakamoto possible number of BTC owned by SN 100000 Hayek Nobel prize for contribution to the Austrian Theory of the Business Cycle 10000 Pizza first Bitcoin transaction - 10000BTC for a couple of pizzas 1000 Mises In "Monetary Reconstruction" (1953) Ludwig von Mises argued for a fixed money supply 100 Milton Milton Friedman proposed replacing the FED with a computer 10 Murray Murray Rothbard argued for competing private currencies 1 Bitcoin 0.1 Finney Hal Finney created the first reusable proof of work system 0.01 bitcent 0.001 milicoin 0.0001 Chaum David Chaum - ecash 0.00001 Szabo Nick Szabo - bitgold 0.000001 microcoin 0.0000001 Gavin 0.00000001 Satoshi
Picking a nit on a presumed half-joke: you may make friends among the SI (metric system) guardians if you spell the unit names in lower case: "gavin", "satoshi", etc. Compare with "watt", "tesla", "farad" (rather than "Watt", "Tesla", "Faraday"). The symbol may be an uppercase letter, possibly followed by a lowercase letter, eg. "Gv" for "gavin" (compare "Hz" for "hertz"); but avoid combinations that may be confused with prefix+lowercase unit symbol, like "Gm" for "gigameter" or "Mb" for "megabit". ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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bitcoinvest
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January 26, 2014, 11:52:17 PM |
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It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something
Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief
Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now
The problem with Gox is fiat withdrawals not BTC.... They have 3 weeks queue as they replied me on a ticket.....
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smoothie
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LEALANA Bitcoin Grim Reaper
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January 27, 2014, 12:00:34 AM |
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It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something
Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief
Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now
The problem with Gox is fiat withdrawals not BTC.... They have 3 weeks queue as they replied me on a ticket..... Which does not imply that there should be a BTC withdrawal delay right? Seems to be a pretty big backlog of BTC withdrawals.
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kurious
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January 27, 2014, 12:00:50 AM |
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It's still kind of amazing to me that Gox is basically just one probably tiny office in Shibuya or something
Like if anyone was sufficiently furious and insane they could just sabotage the physical space and cause utter mischief
Meanwhile could it be that given the current value of BTC they've changed the limit of BTC withdrawals per-period without telling anyone? Verified limit per month is like $10k, that's just 10BTC now
The problem with Gox is fiat withdrawals not BTC.... They have 3 weeks queue as they replied me on a ticket..... They have had problems with BTC also - I just went through four days of a transfer to my wallet that never arrived. I got it in the end - but as they used to say in Hill Street Blues 'Be careful out there..' Lots of lost transfers right now.
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seleme
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Duelbits.com
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January 27, 2014, 12:03:58 AM |
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Yep, I had several OK withdrawals in last few days so I even called it bullshit earlier today here when someone said there are delays, but from 3 today, the last one went missing.
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bigasic
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January 27, 2014, 12:09:17 AM |
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So, is the reason gox is climbing so high is because people are paying whatever to just get BTC and get out? Man, Im glad I did that when btc was around 100 or so, even then I took a 20 percent hit, but it was worth it.... So, when people are done transferring, will gox settle down to what the other exchanges are at?
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adamstgBit
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January 27, 2014, 12:15:43 AM |
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So, is the reason gox is climbing so high is because people are paying whatever to just get BTC and get out? Man, Im glad I did that when btc was around 100 or so, even then I took a 20 percent hit, but it was worth it.... So, when people are done transferring, will gox settle down to what the other exchanges are at?
i would expect it to come back down to about 10% difference like it was b4 once this settles.
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Frankie
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January 27, 2014, 12:22:18 AM |
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this goes back and forth, though. iirc, the spread in % terms has been higher than this but i am lazy to confirm. if there is a pronounced crash/downtrend, i think the spread will tighten up substantially.
It has been higher several times, but briefly. Komar made a nifty chart here. https://bitcointalk.org/index.php?topic=432477On a percentage basis, it's been ratcheting up quickly since the new year. It might come down to the more normal 10-15% premium, but I've seen posts suggestion that JPY withdrawals and even slow SEPA withdrawals are having problems--we might be looking at the end. Wanna trade your Gox BTC to "GoxUSD" in the hopes of getting 10% vs. the odds of loosing 100%? I think lots of people don't like that bet.
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adamstgBit
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January 27, 2014, 12:27:51 AM |
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stress levels are high.
markets are wild.
just another day in bitcoin land.
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DieJohnny
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January 27, 2014, 12:50:07 AM |
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stress levels are high.
markets are wild.
just another day in bitcoin land.
+1!
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ChartBuddy
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January 27, 2014, 01:02:40 AM |
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samson
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January 27, 2014, 01:16:06 AM |
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Yep, I had several OK withdrawals in last few days so I even called it bullshit earlier today here when someone said there are delays, but from 3 today, the last one went missing.
Believe me, this is gaining momentum, there's 10,000 BTC in limbo right now. No ETA on when this problem will be fixed. It appears to affect larger transactions so anyone making small withdrawals won't be affected so much. check the #mtgox IRC channel, current rumour is that Mark has done a runner. Sounds like FUD to me though.
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