MtGox withdrawal delays [Gathering]

[raskul]

MT GOX IS SHIIIT

i am enlightened. 

[roslinpl]

MT GOX IS SHIIIT

MtGox is slow... and issue troubles ...

[donk4u]

What do you call a buisness that has your money and won't let you cash it out for 3 weeks while currency plummets?

[raskul]

What do you call a buisness that has your money and won't let you cash it out for 3 weeks while currency plummets?

criminal.

[igorr]

I can not believe, 468 usd 

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[stompix]

What do you call a buisness that has your money and won't let you cash it out for 3 weeks while currency plummets?

A magic card trading exchanger

[donk4u]

If i was able to get my money out on jan 27 i would have gotten 820 per coin it is now down to almost 600 plus i paid 25 percent markup  on the 27th. I wrote mt gox support that they were costing me money by not allowing me to cashout while bitcoin plummets largely because of their action here is what they wrote.


Dear Valued Customer,

Thank-you for contacting MtGox support.

Unfortunately we will be unable to help you out in regards to the price fluctuations. These are purely dependent on the market. We apologise for any inconvenience that we may have caused. We are working on this to bring back things to normal.

Best regards,

MtGox Team

 You can't argue with stupid can you? I guess it is my fault i have lost an additional 200 plus dollars since they have held my money ransom not theirs. I am sure these thieves , criminals will find a fix when bitcoin drops another 300 or more . I want my money not thier fucking help with regard to price fluctuation bunch of morons. THey are done as can be .

[raskul]

If i was able to get my money out on jan 27 i would have gotten 820 per coin it is now down to almost 600 plus i paid 25 percent markup  on the 27th. I wrote mt gox support that they were costing me money by not allowing me to cashout while bitcoin plummets largely because of their action here is what they wrote.


Dear Valued Customer,

Thank-you for contacting MtGox support.

Unfortunately we will be unable to help you out in regards to the price fluctuations. These are purely dependent on the market. We apologise for any inconvenience that we may have caused. We are working on this to bring back things to normal.

Best regards,

MtGox Team

 You can't argue with stupid can you?

in legal terms, they have admitted that your loss of money is their doing. If I were you, I'd take this to a lawyer.
I feel for you mate, thankfully I got all my coins out of mtgox before it totally wanked up.

[mgroenouwe]

I can not believe, 468 usd 

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I don't get this. Why is everybody selling their BTC ? Fiat withdrawal is almost not possible. When BTC withdrawal is enabled again everybody has to buy BTC again to withdraw. The price will then go up very fast, or am I wrong? If this is a correct analysis then everybody could better not sell, or they have to buy new BTC again for a probably higher amount, caused by the fact everybody is buying BTC at that time.

[donk4u]

I can not believe, 468 usd  

View Screen Capture

I don't get this. Why is everybody selling their BTC ? Fiat withdrawal is almost not possible. When BTC withdrawal is enabled again everybody has to buy BTC again to withdraw. The price will then go up very fast, or am I wrong? If this is a correct analysis then everybody could better not sell, or they have to buy new BTC again for a probably higher amount, caused by the fact everybody is buying BTC at that time.

some people are able to get money off and are speulating trading for .50 on the dollar. Plus that is the gox rate they stopped withdrawls to wallets us customers uanble to withdraw what don' t you understand?

[igorr]

I can not believe, 468 usd  

View Screen Capture

I don't get this. Why is everybody selling their BTC ? Fiat withdrawal is almost not possible. When BTC withdrawal is enabled again everybody has to buy BTC again to withdraw. The price will then go up very fast, or am I wrong? If this is a correct analysis then everybody could better not sell, or they have to buy new BTC again for a probably higher amount, caused by the fact everybody is buying BTC at that time.

This is just a small amount (200-300k), remember, still  about 12 million Bitcoin waiting on sale !

[donk4u]

I have been following this MTGOX discussion for awhile and was curious why the service provider for MtGox does not terminate their website after all this chaos.

After searching for a few minutes it appears that Tibanne not only owns MtGox, but also owns it's service provider http://www.kalyhost.com. It appears that the only place to file an independent abuse claim against MtGox might be with http://www.1api.net ( the registrar for Mtgox). It also looks like amazon.com(awsdns.com) is providing cloud services to kalyhost.com. Might be another place to get some attention to this problem.

Others have suggested that Mark should be kicked off the Bitcoin foundation board, but a quick check shows that Mark, through Tibanne, owns the domain www.bitcoinfoundation.org. So that may not happen soon.

I lost a few bitcoins in this mess. If you feel this info was helpful I would accept some donations at 1P7acTqe9dQ2WKXsE9G2p7GhbxRYmEyx9

Best of luck to everyone.

Xtib

I would send you some unfortunately catch 22 as coins are on gox

[itsunderstood]

People signed up for AOL in the pre-Snowden era like gangbusters.  They used a crap product, AOL discs, and got a crap product.  But still, it was a win for them, because even crap AOL, is still a path to (not AOL's crap material but) the Internet itself!

So, Goxxies get stuck, but you don't lost coins until you sell them.  Unless yo uare thinking as the Ferengi and similar cultures do, wherein lost profits are an actionable thing.  Haha, pressed latinum is being mined quite well these days, for real!

Don't sell = Don't lose coins.  Gox will sort itself out, lawyers will save no one but themselves in the end, so don't think lawyers will do shit about Gox, that's a joke.  Just team up, stop being such crybabies, and all of you dial the IT help desk and demand they fix the problem.  If that doesn't work, you may have to eliminate all the temporary employment companies that are ruining the IT sector with their half ass shit jobs.

IT is mostly populated with tards.  Rich f'cking tards.  I have to say this, as an IT trench worker, but Ed Snowden is ALL TEMPS, not just IT temps for booze hamilton, but temp work itself, is why your IT is turning to shit.

But, good IT on its own, CAN preserve a blockchain, so I will have and hold cryptocoins in a world of fools and theives, I prefer money that accountants cannot double-record and mess with as accountants are actually more dangerous than lawyers in terms of stealing and wreckage.  ENRON = All done by lawyers and theiving shits who many people still look up to.  So, if they Enron'd Gox, who would care?

I think Gox has ethics and are trying to table this issue with crowd sourced IT.  But as I said, crowd sourced IT = bad guys get it done faster, I mean DUH.  Bad guys make much more money because they have incentive.  Just because non-thieving shits like me, do not steal, doesn't mean we don't see the opportunities.

[zyk]

please I would be interested in fax number of Gox at their headquarters in Tokio or one of Mt. Gox Inc. in Poland

thanks for endeavouring

[igorr]

please I would be interested in fax number of Gox at their headquarters in Tokio or one of Mt. Gox Inc. in Poland

thanks for endeavouring

I think we've been robbed of mtgox, and should seek lawyers.

[zyk]

tibanne is easy...but we contracted with Mt. Gox Inc. Poland or LTD. Japan 

[igorr]

Check China,  also fall the same as gox !

[mightycount]

What do you call a buisness that has your money and won't let you cash it out for 3 weeks while currency plummets?

You don't call *them*, you call the reposession specialists. Provided, you have the number

[BitPaulo]

no issues with Kraken, who have already said they don't do their accounting on malleable transaction ID's - which is in truth, what has caused the problem, and not the malleable issue itself.

Yes, there is a key distinction between TxID malleability - a minor flaw in the protocol that would ideally be fixed eventually - and exchanges depending on them for their bespoke accounting software, against the advice of the core devs and in contrast to other wallets/exchanges.

It is the latter that caused all the issues. Gox dun goofed.

Great summary

[itsunderstood]

Haha, as long as BTC community hates drugs, this is a clown show where only LEO gets rich.  That's why I mentioned wallets back on page whatever.

Like I said, IT dumbshits working for corporate forms, will lose to criminals working all night.  It's fog of war, as I said, so hold steady.

http://rt.com/usa/silk-road-hack-bitcoin-millions-947/

Thursday when an administrator who identified himself as “Defcon” explained on the site's forums what had happened.

“I am sweating as I write this...I must utter words all too familiar to this scarred community: We have been hacked,” he wrote. “Our initial investigations indicate that a vendor exploited a recently discovered vulnerability in the bitcoin protocol known as 'transaction malleability' to repeatedly withdraw coins from our system until it was completely empty.”

Defcon did not disclose the exact number of bitcoin that was stolen yet Nicholas Weaver, a researcher at the International Computer Science Institute, told Forbes that approximately 4,400 coins were taken, equaling about $2.6 million.