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Author Topic: Both Bitcoin-24 and Mtgox having problems in the EU  (Read 14631 times)
bootlace (OP)
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April 18, 2013, 05:50:31 PM
 #1

Bitcoin-24 have had both their bank accounts frozen since last week due to investigations by the German police, and are currently shut down. It seems like European withdrawals/transfers to/from Mtgox have also frozen over the past weeks (https://bitcointalk.org/index.php?topic=179586.new).

There is already some confirmation by both BTC-24 and Mtgox that their lawyers are working together to try to solve this situation (they share the same Polish bank I believe who have frozen accounts despite little evidence). Despite little evidence for wrong doing and the best attempt of the lawyers, there is no clear sign that things will work out.

Wanted to give speculators here are heads up since as far as I know Mtgox still haven't publicly admitted to having problems with SEPA transfers, and such a new could affect the price.

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Come-from-Beyond
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April 18, 2013, 05:52:21 PM
 #2

Price will go down as 18 months ago.
SAQ
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April 18, 2013, 05:53:49 PM
 #3

Where did you get the confirmation from Mt Gox that their lawyers are working to solve SEPA payment issues?
Brushan
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April 18, 2013, 06:00:38 PM
 #4

Bitcoin having legal problems in EU and Canada? Canada and EU thinking of taking money from depositors to save banks. Coincidence?
JimiQ84
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April 18, 2013, 06:04:45 PM
 #5

We need Switzerland based exchange
EuroTrash
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April 18, 2013, 06:06:38 PM
 #6

Where did you get the confirmation from Mt Gox that their lawyers are working to solve SEPA payment issues?

MtGox Twitter account FYI

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bootlace (OP)
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April 18, 2013, 06:09:21 PM
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Where did you get the confirmation from Mt Gox that their lawyers are working to solve SEPA payment issues?

http://imgur.com/9oVLEtm

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btcmind
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April 18, 2013, 06:11:02 PM
 #8

You forgot Bitfloor. I wouldn't be surprised if there is some big scale operation going on behind the scenes.
deadweasel
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April 18, 2013, 06:13:19 PM
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You forgot Bitfloor. I wouldn't be surprised if there is some big scale operation going on behind the scenes.

it's always behind the scenes.

bootlace (OP)
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April 18, 2013, 06:14:40 PM
 #10

I wouldn't be surprised if there is some big scale operation going on behind the scenes. The timing is too close, between B24 and BF.

First I thought it was just BTC24 owner's incompetence. Then I found it weird to hear Mtgox were helping out a competitor. Now that Mtgox EU withdrawals haven't gone through in weeks. Then I head Bitfloor just mysteriously shut down due to 'banking problems' . WTF is going on here..

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awakening
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April 18, 2013, 06:14:57 PM
 #11

Where did you get the confirmation from Mt Gox that their lawyers are working to solve SEPA payment issues?





Volatile times... If we the EU people cannot take their money from MtGox accounts will them buy bitcoins to take their money out of MtGox ? Or will affect it more in the way of the problem and the people don't being able either to put money or take it out ?
Right now I'm doubting into buying bitcoins.. It can go either way if there is a real problem with banks and MtGox in Europe.
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April 18, 2013, 06:21:03 PM
 #12

Bitcoin-Central is in a partnership with a french bank, so is not susceptible to these problems. Bitcoin.de will have a similar status soon.

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
zarl
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April 18, 2013, 06:21:26 PM
 #13

I think we only see the start of these legal problems.
It was bad it increased to 266 so fast, too much attention.

And once these legal problems spread, price will drop fast.
manfred
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April 18, 2013, 06:27:58 PM
 #14

+1
jaime
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April 18, 2013, 06:28:15 PM
 #15

I think we only see the start of these legal problems.
It was bad it increased to 266 so fast, too much attention.

And once these legal problems spread, price will drop fast.

It was going to happen anyway. Our money is goin to be kidnaped, but bitcoin will survive just because of that.

zarl
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April 18, 2013, 06:32:47 PM
 #16

I think we only see the start of these legal problems.
It was bad it increased to 266 so fast, too much attention.

And once these legal problems spread, price will drop fast.

It was going to happen anyway. Our money is goin to be kidnaped, but bitcoin will survive just because of that.

Yes I also think bitcoin will survive. but we are in for some legal problems, about withdrawing money.
I hope not.. but looks like it
SaintFlow
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April 18, 2013, 06:35:04 PM
 #17

we have passed being ignored
we have passed being laughed at

next up: they fight us

tune in also the upcomming season: they join us

don't let me make you question your assumptions
bootlace (OP)
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April 18, 2013, 06:35:32 PM
 #18

This bad news comes at a bad time..just after the crash and before any real stability has been reached (40% up and down moves in last few days). At a time when the community and the outside public are looking for signs of strength to reassure them, this is not what we needed.

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April 18, 2013, 06:38:28 PM
 #19

Simon Hausdorf updated the bitcoin-24 site with some new information, and it seems he's confident it will work again...Hope so, as I had money there.
Can anyone translate this?
https://dl.dropboxusercontent.com/u/2329063/Beschluss%20Scan_geschwaerzt.pdf
https://dl.dropboxusercontent.com/u/2329063/Einspruch%20Scan_geschwaerzt.pdf
https://dl.dropboxusercontent.com/u/2329063/beschluss_durchsuchung_geschwaerzt.pdf

antimattercrusader
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April 18, 2013, 06:41:05 PM
 #20

Is it impossible/difficult to wire money from the Eurozone to exchanges located outside, such as the Chinese exchange, or an American exchange?

What kind of controls are in place?

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