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Author Topic: MtGox withdrawal delays [Gathering]  (Read 878059 times)
donk4u
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February 22, 2014, 04:24:28 PM
Last edit: February 22, 2014, 04:35:05 PM by donk4u
 #4881

Blah blah blah you think anyone is going to read that wall of text?

Ah, a child of the Twitter generation raises his voice. They believe that everything can be expressed in 140 characters (which is probably true for their own thoughts). Wonder what they do when facing an entire book.

I read through the "wall of text". I do not agree with all of it, but all the contained thoughts could not be expressed very much shorter. Do keep the longer thoughts coming and ignore the people whose neuron network has already shrunk to Twitter size. Smiley

I think you're being unfair.  More likely it's people who are not native to English and doing their best.  That is my hope, at least.

Im native to english and your mom. I just don't feel like reading a monutain of text when it is becoming clearer and clearer that gox is full of crap at this point. Gox is the child coming up with more inane excuses about why they can't pay . Waiting for the cat ate my homework excuse next which would sound just as plausible as goxs multitude of other excuses to this point.
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Alpaca Bob
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February 22, 2014, 04:27:56 PM
 #4882

Blah blah blah you think anyone is going to read that wall of text?

Ah, a child of the Twitter generation raises his voice. They believe that everything can be expressed in 140 characters (which is probably true for their own thoughts). Wonder what they do when facing an entire book.

I read through the "wall of text". I do not agree with all of it, but all the contained thoughts could not be expressed very much shorter. Do keep the longer thoughts coming and ignore the people whose neuron network has already shrunk to Twitter size. Smiley

Wait, I got this:

Japan banking system work well, faster withdrawals there.
Much regulations, hard Gox move much money; irregular activity.
People don't calc banking days right; If did, could predict date of money arrival.

*204 Characters, and doesn't convey shit.

Thanks! I mean that.

By the way people, Slovenia (hence, Bitstamp) is not located in Eastern Europe. It's in Southern Europe, right next to Italy. It's got Mediterranean beaches and shit.

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
igorr
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February 22, 2014, 05:32:00 PM
 #4883

LOL, MtGox terorist  Wink

http://www.coindesk.com/japanese-police-shut-down-protest-gox/
States protects the MtGox crooks !
Now someone tells me someone if this conspiracy theory or not ?


Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
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zyk
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February 22, 2014, 06:08:37 PM
 #4884

LOL, MtGox terorist  Wink

http://www.coindesk.com/japanese-police-shut-down-protest-gox/
States protects the MtGox crooks !
Now someone tells me someone if this conspiracy theory or not ?



That was it what was ment by all the central banks warnings :

WTF you want to use a workaround, so  we can´t rob you through inflation anymore ??

Then people be prepared that we will show you how much you lose when we let other crooks stealing everything at once  Wink

You won´t even get a license to protest it !
chaosPT
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February 22, 2014, 06:38:53 PM
 #4885

they are testing withdraw now
AJS_
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February 22, 2014, 06:42:55 PM
 #4886

they are testing withdraw now

And you base that on...price fluctuation or do you know they are testing some how Roll Eyes
Hen0xyd
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February 22, 2014, 06:53:17 PM
 #4887

they are testing withdraw now

And you base that on...price fluctuation or do you know they are testing some how Roll Eyes

+1 any source would be very appreciated.
kernel_panic
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February 22, 2014, 07:05:28 PM
 #4888

they are testing withdraw now

And you base that on...price fluctuation or do you know they are testing some how Roll Eyes

+1 any source would be very appreciated.

http://www.reddit.com/r/Bitcoin/comments/1ymb4r/some_light_on_the_horizon_for_gox/
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February 22, 2014, 07:08:44 PM
 #4889

Severance26
I can agree with some of your points but let me ask you why mark is running such masive exchange in spite?
If he has those issues he really can not solve it, then excuse me but run exchange only in japan and for japanesse customers.
Mark want to operate big exchange in spite- that does not make sense to me.

Edit
And i agree with rampion post what follow.

Why does the trading continue?

It is obvious the Gox rates are way off from the market.  Why does Mt.Gox insist on not shutting down the trading?

Any normal exchange would have put a halt on trading until everything gets fixed.

However, Mt.Gox clearly is not,  so it is likely gaming this situation for themselves.

 
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fonzie
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February 22, 2014, 07:17:56 PM
 #4890

http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_still_authoring_invalid_transactions/

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alfabitcoin
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February 22, 2014, 07:23:42 PM
 #4891

Severance26
I can agree with some of your points but let me ask you why mark is running such masive exchange in spite?
If he has those issues he really can not solve it, then excuse me but run exchange only in japan and for japanesse customers.
Mark want to operate big exchange in spite- that does not make sense to me.

Edit
And i agree with rampion post what follow.

Why does the trading continue?

It is obvious the Gox rates are way off from the market.  Why does Mt.Gox insist on not shutting down the trading?

Any normal exchange would have put a halt on trading until everything gets fixed.

However, Mt.Gox clearly is not,  so it is likely gaming this situation for themselves.
That is what would normal exchange do, however Mtgox is not normal exchange.
Main agenda is profit, customer service and pleasure come last. As long they are making commisions they will operate and they dont care about how much time withdraw takes etc etc.
zyk
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February 22, 2014, 07:26:51 PM
 #4892

Severance26
I can agree with some of your points but let me ask you why mark is running such masive exchange in spite?
If he has those issues he really can not solve it, then excuse me but run exchange only in japan and for japanesse customers.
Mark want to operate big exchange in spite- that does not make sense to me.

Edit
And i agree with rampion post what follow.

Why does the trading continue?  

It is obvious the Gox rates are way off from the market.  Why does Mt.Gox insist on not shutting down the trading?

Any normal exchange would have put a halt on trading until everything gets fixed.

However, Mt.Gox clearly is not,  so it is likely gaming this situation for themselves.

There is only the laywers game to find an excuse why they didn´t file for bankrutcy instantly.

Only because the accounts still haven´t been frozen yet and Mark is not in cuffs , they can sell even more BTC at higher prices

which still is being send offshore and a few crumps to feed the Sepa and Yen queues.

As there are coming truckloads of new money thats going to be the heist of the century - Yawn Cheesy

Once in a while feeding a rumor to the idiot tech community might help  Wink
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February 22, 2014, 07:29:30 PM
 #4893

And Bitstamp is a lot of problematic, ,
Just 13.9 milion usd to total collapse or 40k bitcoins and the price go to 90 usd !
We have Total BTC 12 426 000 , The price may fall in one second at 10 usd.

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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
itsunderstood
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February 22, 2014, 07:48:37 PM
 #4894

waggling it a bit makes money for the controller.  To jump from 100 to 200 when you are running the thing, is well, obvious.

Still, I am hopeful for Goxxies, that this is just a buying opp for them, but would I tell my mom to send cash to Gox?  F*** no.

Check out my prescient ATS thread from 2008: "Windows XP: End the Cyberwar, Open the Code Now!" http://www.abovetopsecret.com/forum/thread411978/pg1
donk4u
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February 22, 2014, 08:20:00 PM
 #4895

waggling it a bit makes money for the controller.  To jump from 100 to 200 when you are running the thing, is well, obvious.

Still, I am hopeful for Goxxies, that this is just a buying opp for them, but would I tell my mom to send cash to Gox?  F*** no.

this guy cracks me up Grin
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February 22, 2014, 09:01:00 PM
 #4896

waggling it a bit makes money for the controller.  To jump from 100 to 200 when you are running the thing, is well, obvious.

Still, I am hopeful for Goxxies, that this is just a buying opp for them, but would I tell my mom to send cash to Gox?  F*** no.

this guy cracks me up Grin

And I must tip my cap to rap verse earlier.  That was sweet.

Good thread here.  MAGIC is in the airs!  It's like electricity or a fart of ones own that smells sweet only to the issuer.  LOL

Check out my prescient ATS thread from 2008: "Windows XP: End the Cyberwar, Open the Code Now!" http://www.abovetopsecret.com/forum/thread411978/pg1
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February 22, 2014, 10:50:52 PM
 #4897

This thread in itself should serve as another warning sign of what is to be expected with MTGOX.

Thread was created in April 2013, long before their issue with Fiat withdrawals in June 2013 happened.

Bitcoin withdrawal issues in late January 2014.

Bitcoin withdrawal halt in early February 2014.

...


Next?

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flound1129
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February 22, 2014, 11:04:23 PM
 #4898

they are testing withdraw now

Yeah they're 'testing' by sending cheaply bought bitcoins to their accounts on coinbase, bitstamp, and other exchanges to sell.

Why do you think the price is dropping on other exchanges?  If bitcoins weren't getting out, prices would stay the same elsewhere.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
Skinnkavaj
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February 22, 2014, 11:34:00 PM
 #4899

they are testing withdraw now

Yeah they're 'testing' by sending cheaply bought bitcoins to their accounts on coinbase, bitstamp, and other exchanges to sell.

Why do you think the price is dropping on other exchanges?  If bitcoins weren't getting out, prices would stay the same elsewhere.
This is most likely true. If I were Mark, I would do it to save everyone.

zyk
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February 22, 2014, 11:37:34 PM
 #4900

they are testing withdraw now

Yeah they're 'testing' by sending cheaply bought bitcoins to their accounts on coinbase, bitstamp, and other exchanges to sell.

Why do you think the price is dropping on other exchanges?  If bitcoins weren't getting out, prices would stay the same elsewhere.

No...show me one person who panic- sold them a bitcoin under 300 dollars ! Did you?

They are selling ! And you know why? cause they only can still get those balances to the Bahamas...

And as every other exchange will do this as well cause its tolerated, every cautious investor sells his stash down

to get the fuck out of dodge. Any other speculation serves to make cashing out for the early whales that much easier as

the bagholders even send the crooks more money...Congrats
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