Lohoris
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July 29, 2013, 08:48:04 AM |
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Considering that Mtgox hasn't processed any USD withdrawals for over a month and Karpeles is simply lying about that suggests to me that there are serious, serious issues at Mtgox. I wouldn't be surprised if Karpeles takes the money and runs.
How could he take that money? If he isn't able to send it to users, he won't be able to use it himself. It's not like he holds actual real banknotes... (sure he could steal the bitcoins, but then what? change them on another exchange?)
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joesmoe2012
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July 29, 2013, 09:06:18 AM |
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Maybe the US Govt and other seasure have cost gox more money than they could afford to lose and still remain liquid.
This bank BS is just that -a bunch of BS.
It doesn't take a month to setup a bank account to move a few million $$ to a few thousand people. That's just BS. It's gotta be the Japanese govt putting pressure somehow, likely on Mizhou (or however it's spelt).
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vokain
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July 29, 2013, 09:42:14 AM |
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Maybe the US Govt and other seasure have cost gox more money than they could afford to lose and still remain liquid.
This bank BS is just that -a bunch of BS.
It doesn't take a month to setup a bank account to move a few million $$ to a few thousand people. That's just BS. It's gotta be the Japanese govt putting pressure somehow, likely on Mizhou (or however it's spelt).
assuming those millions aren't already frozen.............
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zeroblock
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 04:58:59 PM |
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Maybe the US Govt and other seasure have cost gox more money than they could afford to lose and still remain liquid.
This bank BS is just that -a bunch of BS.
It doesn't take a month to setup a bank account to move a few million $$ to a few thousand people. That's just BS. It's gotta be the Japanese govt putting pressure somehow, likely on Mizhou (or however it's spelt).
assuming those millions aren't already frozen............. Exactly. No cash. Mountain of liabilities. Legal issues. Gross incompetence.
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sayulita
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July 29, 2013, 05:18:39 PM |
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If anybody is waiting for a USD wire transfer from MtGox back to a US bank account PM me right away.
I have a way for you to get your money out of MtGox and into your hands immediately. No waiting, no fees, no headaches.
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Nagle
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July 29, 2013, 05:50:43 PM |
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If anybody is waiting for a USD wire transfer from MtGox back to a US bank account PM me right away.
( All posts from that user appear to be ads for Bitcoin-Brokers.)
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Lohoris
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July 29, 2013, 07:04:45 PM |
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If anybody is waiting for a USD wire transfer from MtGox back to a US bank account PM me right away.
( All posts from that user appear to be ads for Bitcoin-Brokers.) thanks!
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codler
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July 30, 2013, 03:47:54 PM |
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Today I got my SEPA withdrawal from 2013-05-30
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joesmoe2012
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July 30, 2013, 03:51:41 PM |
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Today I got my SEPA withdrawal from 2013-05-30
Great, thanks for the heads up!
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zeroblock
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July 30, 2013, 04:19:45 PM |
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Today I got my SEPA withdrawal from 2013-05-30
Great, thanks for the heads up! EURO?
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codler
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2013, 04:25:15 PM |
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Today I got my SEPA withdrawal from 2013-05-30
Great, thanks for the heads up! EURO? yes
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alexuk
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July 30, 2013, 04:26:18 PM |
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still waiting for my withdrawal from the 26th of June ... =/
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bohdan87
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July 31, 2013, 03:12:24 AM |
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Ok this is worrying: "BTC : You can still withdraw up to 0.00000000 BTC provided you have enough on your account (your limit is 0.00000000 BTC per 24 hours )"
Does this mean we cannot even withdraw BTC from MtGox anymore?
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Nagle
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July 31, 2013, 03:13:42 AM |
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Ok this is worrying: "BTC : You can still withdraw up to 0.00000000 BTC provided you have enough on your account (your limit is 0.00000000 BTC per 24 hours )"
Does this mean we cannot even withdraw BTC from MtGox anymore?
Could you post a screenshot of that, please? Thanks.
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erk
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July 31, 2013, 03:23:29 AM |
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My Gox screen says: BTC : You can still withdraw up to 100.00000000 BTC provided you have enough on your account (your limit is 100.00000000 BTC per 24 hours ) USD : You can still withdraw up to $1,000.00000 provided you have enough on your account (your limit is $1,000.00000 per 24 hours and $10,000.00000 per 30 days)
That sounds reasonable.
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Lohoris
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July 31, 2013, 09:02:58 AM |
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Ok this is worrying: "BTC : You can still withdraw up to 0.00000000 BTC provided you have enough on your account (your limit is 0.00000000 BTC per 24 hours )"
Does this mean we cannot even withdraw BTC from MtGox anymore?
Maybe they locked you?
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vokain
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July 31, 2013, 09:05:18 AM |
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you can talk to customer service about it. i asked to up my limit to be able to withdraw 1000BTC/24hrs and I got it upgraded within a few hours
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Impaler
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July 31, 2013, 09:56:37 PM |
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I think what we are seeing now is that the flow of new BTCs onto Gox has stopped, anyone who wishes to sell for cash knows they can not do so on Gox. Thus the supply of coins on Gox is going down precipitously, while the dollar depth is still growing (I suspect that growth is more due to dollars on accounts becoming a visible bid rather then new dollars being sent to Gox). The problem is that Gox is not that Gox is insolvent, the problem is that it is rapidly becoming ILLIQUID.
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bystander
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July 31, 2013, 11:42:46 PM |
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This is even worse than I thought. Stalling on withdrawals didn't start on June 20; it goes back further. Paul Vigna, a reporter at the Wall Street Journal, is covering this story. I've talked to him. He can be reached at Paul.Vigna@wsj.com. He would like to hear from people who are having trouble getting substantial amounts of money out of Mt. Gox. Thanks Nagle, Paul Vigna's article came out today. What's weird is that I tried to use google to search for your bitcointalk.org post with Vigna's name, but nothing came up. Usually, they've got this place indexed to the hilt. Luckily the search here still works so that I can follow it up with this: Bitcoin Exchange Mt. Gox Still Grappling With Slowdown http://blogs.wsj.com/moneybeat/2013/07/30/bitcoin-exchange-mt-gox-still-grappling-with-slowdown/
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OhShei8e
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July 31, 2013, 11:48:55 PM |
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I think what we are seeing now is that the flow of new BTCs onto Gox has stopped, anyone who wishes to sell for cash knows they can not do so on Gox. Thus the supply of coins on Gox is going down precipitously, while the dollar depth is still growing (I suspect that growth is more due to dollars on accounts becoming a visible bid rather then new dollars being sent to Gox). The problem is that Gox is not that Gox is insolvent, the problem is that it is rapidly becoming ILLIQUID.
Yes, 30K BTC have disappeared in the recent days from the order book. But all who go now will come back soon. Maybe after the crash, when we went back to single digits outside of Gox. In Goxs orderbook are permanent 12 to 14 million dollar. Bitstamp has half a million. Other exchanges are even smaller. Bitcoin is dead as a dodo without the Gox money. We go at least a year back in time but with significantly poorer prospects.
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