MtGox withdrawal delays [Gathering]

[TheKoziTwo]

What's the fastest way to deposit fiat on Gox now?

How fast is OK-Pay?


(Yes, I'm aware of the risks.)

1 business day. I transfer btc-e usd -> okpay -> mtgox in 24 hours

[1715040723]

1715040723

[1715040723]

1715040723

[1715040723]

1715040723

[donk4u]

Any man who would allow his customers coins to be debased, and blame others, for weeks, is a total ignoramus or a clever person.

I would probably say complete and utter scumbag. Anyone have pics of new office location building if it even exists? Most likely went underground.

[joesmoe2012]

Double digits on gox, here we come!

[zyk]

Any man who would allow his customers coins to be debased, and blame others, for weeks, is a total ignoramus or a clever person.

I would probably say complete and utter scumbag

no-- just a member of the board of bitcoinfoundation 

[itsunderstood]

If you deposited metal coin with someone and they clipped them and wouldn't even give you examples of the clipped coins but you managed to get one and it revealed that yes, the bullion content of your coin is actively being shat upon, well, that is a broken-bench.  Ruptured bench.  Debasing your customers coins is the same thing as stealing their gold.  The coin is worth less, because the "trueness" of it is purposefully and RICO style debauched in criminal fashion.

Sure, crypto is not gold, but, the COTUS for example specifies specie (metal bullion coin) as true money, and in terms of debt law, if you debaucvh coins as a banker, you'll either rule the world or get bought up or eliminated by whomever had entrusted their coins to you.  Debasing coins is historically the way the worlds markets move: FACT.

[itsunderstood]

Even without the "Bitcoin Foundation Exeprt Cadre"...

Satoshi's idea is worth a lot.

These so called experts are probably > 50% dumbshits.

[raskul]

If you deposited metal coin with someone and they clipped them and wouldn't even give you examples of the clipped coins but you managed to get one and it revealed that yes, the bullion content of your coin is actively being shat upon, well, that is a broken-bench.  Ruptured bench.  Debasing your customers coins is the same thing as stealing their gold.  The coin is worth less, because the "trueness" of it is purposefully and RICO style debauched in criminal fashion.

Sure, crypto is not gold, but, the COTUS for example specifies specie (metal bullion coin) as true money, and in terms of debt law, if you debaucvh coins as a banker, you'll either rule the world or get bought up or eliminated by whomever had entrusted their coins to you.  Debasing coins is historically the way the worlds markets move: FACT.

seriously! I LOLLED. i know it's wrong and i am ashamed that I did, but if this IS Mark K's ideology... I gotta say, he's STUPID AS F*CK.
still LOLLING.

dead man walking.

disclaimer: it's just a turn of phrase, but as a neutral observer, i'd say the man's days in business are numbered.

[Luno]

What's the fastest way to deposit fiat on Gox now?

How fast is OK-Pay?


(Yes, I'm aware of the risks.)

The only reason people are buying coins on Gox is because they hope this will stop, and Gox will return to it's former high service level. Secondly they have nothing to loose, they are not in on some great deal. If I had my money elsewhere, I surely would not deposit any there now.

See it like this: If things go back to normal this instant and withdrawals from Gox commence now. What would happen to the price on other exchanges?? You see? Price would level off around what 200$? and great swings would follow. Maybe the downturn on Gox would spread to the whole economy (I think it will anyway).

You would end up loosing money too. You presume that you can get your money out and the price is favourable on other exchanges when you want to sell.  LOL

I've been trying to withdraw since May 5 2013 and gotten compliments from Gox support for my  patience (That's true).

[mdekerever]

My guess: MtGox will be bought by another exchange and our BTC will be transferred to this new company.
Those who kept their BTC will get their money back (as the could sell back their BTC at "normal" price).
MtGox executives will loose money, depending on the value MtGox will be bought.

That would be a fair solution.

"according to Marco Santori, Chairman of the Bitcoin Foundation’s Regulatory Affairs Committee, “there’s a lot of people that think that they are getting a deal.”

Opinions ?

[FrictionlessCoin]

The price of BTC on Mt.Gox at $123 assuming efficient markets (which clearly it is not) tells you the following:

MtGox BTC is likely not real BTC.  The probability that it is real is 20%.

MtGox has a shortage of USD and by pricing a non-market price for BTC is actually providing incentive of up to 400% on USD deposits.  This assumes of course BTC at MtGox is real.

[rpietila]

What is the theory - why is goxbtc/goxusd price so low?

OMG its not a theory, its in front of your eyes !

Insiders (people connected to Mark and other readily accessibles accounts and he himself are cashing out!) no matter

what ---- nobody is doing anything about that --- so they just go on....extincting any kind of proove...creating a story

together with some parasites laywers and the die is cast - pronto

This does not answer the question - why is goxbtc price so cheap compared to goxusd. They are both gox, and have been non-withdrawable for about 4 weeks.

[exocytosis]

What's the fastest way to deposit fiat on Gox now?

How fast is OK-Pay?


(Yes, I'm aware of the risks.)

The only reason people are buying coins on Gox is because they hope this will stop, and Gox will return to it's former high service level. Secondly they have nothing to loose, they are not in on some great deal. If I had my money elsewhere, I surely would not deposit any there now.

See it like this: If things go back to normal this instant and withdrawals from Gox commence now. What would happen to the price on other exchanges?? You see? Price would level off around what 200$? and great swings would follow. Maybe the downturn on Gox would spread to the whole economy (I think it will anyway).

You would end up loosing money too. You presume that you can get your money out and the price is favourable on other exchanges when you want to sell.  LOL

I've been trying to withdraw since May 5 2013 and gotten compliments from Gox support for my  patience (That's true).

But you're using USD and you live in the US, right?
I'm gonna try Euro. I live in Europe.

It's a long term investment anyway. I don't need to sell the coins this year.

[raskul]

My guess: MtGox will be bought by another exchange and our BTC will be transferred to this new company.
Those who kept their BTC will get their money back (as the could sell back their BTC at "normal" price).
MtGox executives will loose money, depending on the value MtGox will be bought.

That would be a fair solution.

"according to Marco Santori, Chairman of the Bitcoin Foundation’s Regulatory Affairs Committee, “there’s a lot of people that think that they are getting a deal.”

Opinions ?

NO.

[FrictionlessCoin]

My guess: MtGox will be bought by another exchange and our BTC will be transferred to this new company.
Those who kept their BTC will get their money back (as the could sell back their BTC at "normal" price).
MtGox executives will loose money, depending on the value MtGox will be bought.

That would be a fair solution.

"according to Marco Santori, Chairman of the Bitcoin Foundation’s Regulatory Affairs Committee, “there’s a lot of people that think that they are getting a deal.”

Opinions ?

If Mt.Gox is selling their customers BTC at 80% off the market price to another exchange,  then surely that would be a bargain.

However,  what right does Mt.Gox have to sell their customer's BTC?

[zyk]

Even without the "Bitcoin Foundation Exeprt Cadre"...

Satoshi's idea is worth a lot.

These so called experts are probably > 50% dumbshits.

No, the hirarchy which formed around a peer to peer currency got exposed for what it is......

complicit in centralising and abetting the same real-world corruption and cronyism which steals from

the masses to the benefits of the few.

Either way bitcoin doesn´t deserve to be the top-dog in cryptoland ( malleability and slowliness )

Litecoin can everything what bitcoin does and is ten times cheaper and 4 times faster for any purpose.

Bitcoin in the hand of early adopters who don´t care or may be more? about the current heist is fucked

and should be given to wallstreet and their chain-letters called "investment -funds". Lets sell it down..

its not even worth a hundred dollars....

[FrictionlessCoin]

What is the theory - why is goxbtc/goxusd price so low?

OMG its not a theory, its in front of your eyes !

Insiders (people connected to Mark and other readily accessibles accounts and he himself are cashing out!) no matter

what ---- nobody is doing anything about that --- so they just go on....extincting any kind of proove...creating a story

together with some parasites laywers and the die is cast - pronto

This does not answer the question - why is goxbtc price so cheap compared to goxusd. They are both gox, and have been non-withdrawable for about 4 weeks.

That is actually a good question.   goxbtc and goxusd should both be worth equally less since both are equally at risk.

However,  goxbtc unlike goxusd clearly is much lower.  Therefore, I would conclude that goxbtc is NOT real BTC.  While goxusd is real USD, but not withdrawable.

[itsunderstood]

What is the theory - why is goxbtc/goxusd price so low?

OMG its not a theory, its in front of your eyes !

Insiders (people connected to Mark and other readily accessibles accounts and he himself are cashing out!) no matter

what ---- nobody is doing anything about that --- so they just go on....extincting any kind of proove...creating a story

together with some parasites laywers and the die is cast - pronto

This does not answer the question - why is goxbtc price so cheap compared to goxusd. They are both gox, and have been non-withdrawable for about 4 weeks.

That is actually a good question.   goxbtc and goxusd should both be worth equally less since both are equally at risk.

However,  goxbtc unlike goxusd clearly is much lower.  Therefore, I would conclude that goxbtc is NOT real BTC.  While goxusd is real USD, but not withdrawable.

Well, they malleability thing is their fault for themselves, in terms of, someone flipped it and doubled transactions, so, even if GoxCo were trying to unwind the thing, if they got into it at 3am and figured out the wings will 95% come off, then it becomes a bail out last parachute situation.  So, if you are a customer and you look out the side window and see the pilot and crew leaving via parachute, well, let's just say they spraypainted the windows black before you left, and you can't look out the window and can't see the pilot and crew bail out, and so you wonder "Why is the proximity alarm sounding?" and so forth.

[TheKoziTwo]

What is the theory - why is goxbtc/goxusd price so low?

OMG its not a theory, its in front of your eyes !

Insiders (people connected to Mark and other readily accessibles accounts and he himself are cashing out!) no matter

what ---- nobody is doing anything about that --- so they just go on....extincting any kind of proove...creating a story

together with some parasites laywers and the die is cast - pronto

This does not answer the question - why is goxbtc price so cheap compared to goxusd. They are both gox, and have been non-withdrawable for about 4 weeks.

Is not people still reporting EUR withdraws being processed? From what I've seen, EUR withdraws still occur. Also, people who believe gox is insolvent would rather hold USD maybe because they believe it will be easier to get the USD back legally.

[itsunderstood]

My guess: MtGox will be bought by another exchange and our BTC will be transferred to this new company.
Those who kept their BTC will get their money back (as the could sell back their BTC at "normal" price).
MtGox executives will loose money, depending on the value MtGox will be bought.

That would be a fair solution.

"according to Marco Santori, Chairman of the Bitcoin Foundation’s Regulatory Affairs Committee, “there’s a lot of people that think that they are getting a deal.”

Opinions ?

My opinion would be that this would a normal "all is well" bailout and a windfall for Goxxers who bought cheap coin.

I have no problem with BTC going back to 1000 dollar levels and Goxxers making that chop back, they have earned it FFS.  BUT, rewarding incompetence is like sprinkling incompetence-seed all over the world.

[zyk]

What is the theory - why is goxbtc/goxusd price so low?

OMG its not a theory, its in front of your eyes !

Insiders (people connected to Mark and other readily accessibles accounts and he himself are cashing out!) no matter

what ---- nobody is doing anything about that --- so they just go on....extincting any kind of proove...creating a story

together with some parasites laywers and the die is cast - pronto

This does not answer the question - why is goxbtc price so cheap compared to goxusd. They are both gox, and have been non-withdrawable for about 4 weeks.

Nobody reads what I write apparently--- hello?---of course nor the polish neither the japanese accounts are frozen yet...

And of course you can instantly transfer the heist from those or do you really think Mark himself is waiting in the queue ?

But of course you can´t sell them at bitstamp in this quantity even if you have a fake identity established there.