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Author Topic: MtGox withdrawal delays [Gathering]  (Read 908662 times)
gizmoh
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February 10, 2014, 10:09:44 AM
 #3761

https://www.mtgox.com/press_release_20140210.html

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
AFox
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February 10, 2014, 10:12:27 AM
 #3762

To be short : "We will hold your BTC for a while."

My lucky BTC address : 1LoTTerY3WYbGxVRHvh8oDudDdTxFvvqWF
severance26
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February 10, 2014, 10:15:31 AM
 #3763


wow.... did he just say 'its not our fault'?
Gogo ppp
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February 10, 2014, 10:35:00 AM
 #3764

"Bitcoin exchange Mt. Gox said customers can take out cash “as normal” and it’s working to resolve technical issues that prompted it to halt withdrawals of the digital currency."

"Can take out cash "as normal".

"...halt withdrawals...".


Wot?

These 2 statements directly contradict each other , don't they?

chocomav
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February 10, 2014, 10:38:38 AM
 #3765

"halt withdrawals of the digital currency" => referring to halting withdrawals of bitcoins since last week...
btc237ftw
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February 10, 2014, 10:45:39 AM
 #3766

According to Gox's statement the issue seems to be wider than I assumed - I.E it has potential of affecting other exchanges.. it might have already did - perhaps the hacker/s exploited other exchanges using this "bug" and MTGox is "just the first exchange to notice and take actions"... Hopefully that is not the case.

In any case, it seems to be fixable and it seems to me that users will get access to their Bitcoins on MTGox in a a week or maybe more. But who knows
pedro82
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February 10, 2014, 10:47:23 AM
 #3767

"Bitcoin exchange Mt. Gox said customers can take out cash “as normal” and it’s working to resolve technical issues that prompted it to halt withdrawals of the digital currency."

"Can take out cash "as normal".

"...halt withdrawals...".


Wot?

These 2 statements directly contradict each other , don't they?



still waiting for a SEPA transfer from 7 jan.  , so cash out is worst than normal !
papamoi
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February 10, 2014, 10:52:55 AM
 #3768

"Bitcoin exchange Mt. Gox said customers can take out cash “as normal” and it’s working to resolve technical issues that prompted it to halt withdrawals of the digital currency."

"Can take out cash "as normal".

"...halt withdrawals...".


Wot?

These 2 statements directly contradict each other , don't they?



still waiting for a SEPA transfer from 7 jan.  , so cash out is worst than normal !
we are waiting our usd since 4 months now
pazor
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February 10, 2014, 10:58:23 AM
 #3769

now it is time to buy litecoin !
 Grin

treuhand-Dienst gewünscht? - frag per PM an
BTC 174X17nR7vEQBQo4GXKRGMGaTmB49Gf1yT
whave
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February 10, 2014, 11:00:24 AM
 #3770

...seems like it's the same old in this topic. Sturle being reasonable and trying to look at the facts, everyone else is throwing a tantrum and spreading rumours, fud, "sueyousueyou". Ignorance is bliss I guess Smiley

Hardly throwing tantrums.

MTGOX is run by incompetent people. Just look at their track record of horrible service as an exchange over the past 3 years.



I agree it's not the best service, but then again, I'm not crying "SCAM" and "they be running with yer moniez" 24/7, like a lot of other people who have the same amount of information available like I do.

I made a few thousand Euros over the past 3 years through them without any problems (nothing like the hundreds of thousands like some people here claim, I simply would not trust such a young market with a bigger portion of my savings. Be aware of the risks). Yes, I had to wait for my funds lots of times. Yes, my funds always arrived sooner or later. Yes, I was still better off trading with them, compared to other exchanges.
whave
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February 10, 2014, 11:07:30 AM
 #3771

I think all people in this thread, maybe with very few exceptions, that have been using mtgox lately is to try to benefit from arbitrage. You guys knew the risk

^^^^^^^^^^^^^
THIS, a hundred times!
cryptog1
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February 10, 2014, 11:15:08 AM
 #3772

now it is time to buy litecoin !
 Grin

If the BTC foundation is not able to fix the maleability issue found by MtGox today within 1y, well it is a big opportunity for the LTC as it appears that the LTC dev team fixed plenty of bugs for bitcoin last year.
pedro82
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February 10, 2014, 11:16:33 AM
 #3773


Those amateurish couldn't even put a date in their statement !  oH my gox  Shocked
pedro82
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February 10, 2014, 11:27:51 AM
 #3774

now it is time to buy litecoin !
 Grin

If the BTC foundation is not able to fix the maleability issue found by MtGox today within 1y, well it is a big opportunity for the LTC as it appears that the LTC dev team fixed plenty of bugs for bitcoin last year.

No it is not, the  major problem with btc is not technical. The problem with btc is it’s concept : decentralised and anonymous philosophy, that some people loved but will always dislike governments. For a simple matter of popularity btc will be the last crypto currency with those characteristics to fail .  
severance26
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February 10, 2014, 11:36:40 AM
 #3775

currently none of my trade orders are even going through. i posted four, they all go to pending, SHOW UP ON BITCOINWISDOM, and ARENT being processed.
kano
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February 10, 2014, 11:45:41 AM
 #3776

Lulz - so which is it?

1) Bullshit

2) One of the retarded devs fucked up bitcoin with a transaction handling change some time in the last ... year or 2?
I would be VERY surprised if Satoshi made that mistake in the original design.
Sounds way more likely to be a dev fucking it up ... as per usual.
Bitcoin has been a hackjob for a while now, that people seem to value at over 10Billion dollars ...

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
stompix
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February 10, 2014, 12:00:54 PM
 #3777

According to Gox's statement the issue seems to be wider than I assumed - I.E it has potential of affecting other exchanges.. it might have already did - perhaps the hacker/s exploited other exchanges using this "bug" and MTGox is "just the first exchange to notice and take actions"... Hopefully that is not the case.

In any case, it seems to be fixable and it seems to me that users will get access to their Bitcoins on MTGox in a a week or maybe more. But who knows

The "hackers" could not have exploited other exchangers since the problem lies with the custom piece of s...ofwtare mtgox was using.

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stompix
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February 10, 2014, 12:03:42 PM
 #3778

Lulz - so which is it?

1) Bullshit

2) One of the retarded devs fucked up bitcoin with a transaction handling change some time in the last ... year or 2?
I would be VERY surprised if Satoshi made that mistake in the original design.
Sounds way more likely to be a dev fucking it up ... as per usual.
Bitcoin has been a hackjob for a while now, that people seem to value at over 10Billion dollars ...

I vote for number one. Since Gox is the source of this "problem" I think the problem lies with their heads.

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stompix
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February 10, 2014, 12:04:50 PM
 #3779

now it is time to buy litecoin !
 Grin

If the BTC foundation is not able to fix the maleability issue found by MtGox today within 1y, well it is a big opportunity for the LTC as it appears that the LTC dev team fixed plenty of bugs for bitcoin last year.

How about you name a few?

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aesma
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February 10, 2014, 12:05:42 PM
 #3780

According to Gox's statement the issue seems to be wider than I assumed - I.E it has potential of affecting other exchanges.. it might have already did - perhaps the hacker/s exploited other exchanges using this "bug" and MTGox is "just the first exchange to notice and take actions"... Hopefully that is not the case.

In any case, it seems to be fixable and it seems to me that users will get access to their Bitcoins on MTGox in a a week or maybe more. But who knows

Or they could be embellishing the truth, and be the last to update their wallet to solve this bug that has been known for a while, as they admit.
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