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Author Topic: MtGox - T-Minus 23 Hours and 15 Minutes until Launch  (Read 3879 times)
Oldminer (OP)
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June 23, 2011, 04:02:25 AM
 #1

[Update June 23 - 03:45 GMT] T-Minus 23 Hours and 15 Minutes until Launch.  
 
Users with reclaimed accounts will be able to login to Mt.Gox on Friday June 24th at 3:00 GMT (12:00 JST). Once you are logged back into the Mt.Gox site you will be able to withdraw and deposit funds as per usual. You will not be able to trade initially, but we plan to activate trading within an hour of the site being up (4:00 GMT)
 
Between now and tomorrow at 3:00 GMT you should receive an email with instructions on how to access your account, provided you have successfully completed the reclaim process at claim.mtgox.com.

https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback

 Cool

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NO_SLAVE
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June 23, 2011, 04:09:02 AM
 #2

thats 3:00 AM GMT or 10 pm EST
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June 23, 2011, 04:11:14 AM
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Yay.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
geek-trader
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June 23, 2011, 04:32:30 AM
 #4

thats 3:00 AM GMT or 10 pm EST

Isn't it 11pm EST?

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June 23, 2011, 04:36:05 AM
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does anyone else expect the btc value to jump up after that?
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June 23, 2011, 04:39:57 AM
 #6


Wow, I stayed away < 1 hour and found good news on arrival.  Smiley
Thanks for the update Oldminer.

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June 23, 2011, 04:42:04 AM
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thats 3:00 AM GMT or 10 pm EST

Isn't it 11pm EST?


NO, its 11:00 EDT
geek-trader
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June 23, 2011, 04:44:09 AM
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you are correct, sir!

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June 23, 2011, 04:52:16 AM
 #9

This is the time now:
4:50am Thursday (GMT) - Time in GMT

So login is < 23 hours and trading < 24 hours

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June 23, 2011, 05:14:26 AM
 #10

Yay.

I'll add this here, we have enough threads:

Free and reduced trade commissions at MtGox!

[Update June 23 - 03:45 GMT]

We realize that it will take many steps and vastly improved security to regain the trust of our users and the bitcoin community, but for now as a token of our gratitude for the extreme patience our users have shown, and as a way of saying we sincerely sorry for the breach of security that lead to the sell-off, we will be reducing trade fees to 0.3% (from 0.65%) for two weeks following Mt.Gox's reopening.

Users who's trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step security authentication feature for as long as they hold their account.

GeniuSxBoY
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June 23, 2011, 05:22:00 AM
 #11

free trades for me!!! thank god I had an order placed at $10.59 from like 3 weeks ago

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June 23, 2011, 05:33:29 AM
 #12

free trades for me!!! thank god I had an order placed at $10.59 from like 3 weeks ago

It's probably a better deal if you get to keep those coins bought @ 10.59

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June 23, 2011, 05:41:15 AM
 #13

Yay.

I'll add this here, we have enough threads:

Free and reduced trade commissions at MtGox!

[Update June 23 - 03:45 GMT]

We realize that it will take many steps and vastly improved security to regain the trust of our users and the bitcoin community, but for now as a token of our gratitude for the extreme patience our users have shown, and as a way of saying we sincerely sorry for the breach of security that lead to the sell-off, we will be reducing trade fees to 0.3% (from 0.65%) for two weeks following Mt.Gox's reopening.

Users who's trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step security authentication feature for as long as they hold their account.

are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.
Oldminer (OP)
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June 23, 2011, 05:47:50 AM
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are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.

Didn't Tux say in his interview that this would be free to all subscribers?

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June 23, 2011, 05:49:03 AM
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On June 21, after initiating the verification process, I received an e-mail stating that my account was pending review; I haven't received any other e-mails, yet. Supposing the exchange is going to open in around the next 24 hours, should I be concerned?
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June 23, 2011, 05:49:59 AM
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I speculate big dump when trading begins so everyone set your buy at 5 bucks!!!!! Ok I'm delusional.
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June 23, 2011, 05:52:47 AM
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are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.

Didn't Tux say in his interview that this would be free to all subscribers?

if that's the case, he just worded it very poorly. the way he worded it suggests its free to users that made trades during the sell off and others will have to pay.
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June 23, 2011, 05:59:04 AM
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are you seriously telling me there will be subscription based security features that users will have to PAY for?! give you money to make sure this doesn't happen again? that's called extortion.

Didn't Tux say in his interview that this would be free to all subscribers?

Maybe you and mjsbuddha are both right: You pay for a subscription, and then it is free to all subscribers?
Whatever, Paypal charges $5 for a security upgrade, but it's a one time fee.

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June 23, 2011, 05:59:29 AM
 #19

On June 21, after initiating the verification process, I received an e-mail stating that my account was pending review; I haven't received any other e-mails, yet. Supposing the exchange is going to open in around the next 24 hours, should I be concerned?

I'm in the same boat.  I'm going to bed soon (PDT), and if there's no email when I wake up, I'll contact them then.

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June 23, 2011, 06:01:51 AM
Last edit: June 23, 2011, 06:17:17 AM by Bit_Happy
 #20

On June 21, after initiating the verification process, I received an e-mail stating that my account was pending review; I haven't received any other e-mails, yet. Supposing the exchange is going to open in around the next 24 hours, should I be concerned?

I'm in the same boat.  I'm going to bed soon (PDT), and if there's no email when I wake up, I'll contact them then.

Those did not get sent yet afaik, did anyone get the second email?
It allows you to log in (I think), so you might not receive until the final countdown.


EDIT:
The answer is in the OP, please pay attention to detail:  Cheesy
Between now and tomorrow at 3:00 GMT you should receive an email with instructions on how to access your account, provided you have successfully completed the reclaim process at claim.mtgox.com.

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