Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[magicmexican]

<@Delerium> I know the situation right now is not great but please remember we are human beings and we're doing this to protect your money.



Not good, i expect another wave of panic after todays horrible "update"

[windjc]

Its just going to take them longer. Probably 2-3 more days is my guess. Meanwhile, as more people like yourself panic, the more free bitcoins I pick up over at bitcoinbuilder.

I don't see the attraction of paying .7 for gox btc? The true difference is more like .5 and if gox doesnt make an announcement the price is likely to drop further. Why wouldn't you just send some fiat there ?

I live in the US

How are USD withdrawls doin right now btw. 2 weeks backlog i heard....

You are so full of misinformation that even when you try to be serious you are off in left field somewhere. There are no USD withdrawals on Gox.  No cash in or out of Gox to and from the U.S.

[medialab101]

Hitting refresh on the Gox home page is getting boring.

7:30 here... they are taking their time with this one.

[fonzie]

Fixed issues so far.

USD withdrawls

Midas

LTC

Bitcoin withdrawls (sooooon aka today)

[windjc]

<@Delerium> I know the situation right now is not great but please remember we are human beings and we're doing this to protect your money.



Not good, i expect another wave of panic after todays horrible "update"

Yeah, it's going to be a few more days. I can only hope that bitcoinbuilder prices plummet to where the actual price is in the meantime.

[dreamspark]

Its just going to take them longer. Probably 2-3 more days is my guess. Meanwhile, as more people like yourself panic, the more free bitcoins I pick up over at bitcoinbuilder.

I don't see the attraction of paying .7 for gox btc? The true difference is more like .5 and if gox doesnt make an announcement the price is likely to drop further. Why wouldn't you just send some fiat there ?

I live in the US

Fair enough your sig fooled me 

Good luck then. Hope it works out for you!

[GaliX]

another great one just a few moments ago:

somebody asked if they can promise that all FIAT/BTC is safe.

[11:28] <@Delerium> yerp: I cant confirm something that I dont know but my personal opinion is that theyre all safe

so it's just his opinion. If it comes to money I wouldn't like to have just an "opinion".
I never had a cent on Mt.Gox.

But why do people belive this ... ?

[fonzie]

another great one just a few moments ago:

somebody asked if they can promise that all FIAT/BTC is safe.

[11:28] <@Delerium> yerp: I cant confirm something that I dont know but my personal opinion is that theyre all safe

so it's just his opinion. If it comes to money I wouldn't like to have just an "opinion".
I never had a cent on Mt.Gox.

But why do people belive this ... ?

WTF, is he an confirmed employee of MtGox.

My personal opinion is that his opinion might not be the truth.

[HairyMaclairy]

It's up and bullshit.  Limits.  Next Thursday blah blah

Successful work around more delays.

Market wants to rocket but doesn't know what to do.

[magicmexican]

Not sure how market will react to it yet

[dreamspark]

shitty update

[gizmoh]

https://www.mtgox.com/img/pdf/20140217-Announcement.pdf

Tokyo, Japan, February 17th, 2014!
"
Dear MtGox Customers,!
"
We apologize for the inconvenience caused by the recent suspension of external
bitcoin transfers. Fortunately, as we announced on Saturday we have now
implemented a solution that should enable withdrawals and mitigate any issues
caused by transaction malleability (please see our previous statements for
details on this issue). "
"
Thanks to our friends at Blockchain.info, MtGox now has a workaround that will
use a unique identifier created by Blockchain to show whether transactions have
been modified or not. This will prevent any fraudulent use of the malleability
issue and protect the assets of our customers. "
"
Resuming Withdrawals!
"
With this new system in place, MtGox should be able to resume withdrawals
soon. At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions. "
"
In order to launch the new system, we are going through the following steps:"
"
-" Re-indexing the entire Blockchain (approx. 32 million entries)"
-" Fully deploying the new NTX ID"
-" Implementing a new bitcoin withdrawal queue that needs to be tested"
"
We will update everyone again by Thursday at the latest. "
"
Additionally, you may have noticed that we have added a new login system that
sends you an email when you successfully access your account. This is an
additional security layer, but as always we strongly encourage our customers to
use the 2-step authorization options available in our Security Center. "
"
Thank you again for your support, and we look forward to resume bitcoin
withdrawals as quickly as possible. "
"
Best regards,"
"
MtGox Team

[windjc]

It's up and bullshit.  Limits.  Next Thursday blah blah

Successful work around more delays.

Market wants to rocket but doesn't know what to do.

I was right on with that guess. 2-3 days more.

[ChrisML]

That link of yours is Dead.

So you are probably trolling.,


Oh and listening to people on IRC, not knowing if they are MTgox officials, fucking idiots.
Thats one way to panic the mass even more.

[soullyG]

Thanks to our friends at Blockchain.info, MtGox now has a workaround that will
use a unique identifier created by Blockchain to show whether transactions have
been modified or not.

Well at least they gave credit where it was due..

[gizmoh]

That link of yours is Dead.

So you are probably trolling.,


Oh and listening to people on IRC, not knowing if they are MTgox officials, fucking idiots.
Thats one way to panic the mass even more.

Sorry its here:

https://www.mtgox.com/img/pdf/20140217-Announcement.pdf

[spooderman]

That gox post legit? If so choo?

Or gox choos and stamp waits for impending doom?

[magicmexican]

Looks like people are buying?

[ShroomsKit]

So nothing changed really? It will probably take months again for people to get their coins out.

[ShroomsKit]

Looks like people are buying?

Yeah, i don't get why really.