"Mt. Gox user accounts will have to be verified." (or use Bitcoin)

[Frozenlock]

Statement Regarding Account Verifications

The Bitcoin market continues to evolve, as do regulations and conditions of compliance for Mt. Gox to continue bringing secure services to our customers. It our responsibility to provide a trusted and legal exchange, and that includes making sure that we are operating within strict anti-money laundering rules and preventing other malicious activity.

As a result, beginning May 30th, 2013 all Mt. Gox user accounts are required to be verified in order to perform any currency deposits and withdrawals. Bitcoin deposits do not need verification, and at this time we are not requiring verification for Bitcoin withdrawals.

In the past two months Mt. Gox has invested in more than doubling our verification support staff, and we are currently able to process most verifications within 24~48 hours.

We apologize for any inconvenience this may cause. Please visit the Security Center in your Mt. Gox account if you are not already verified, and keep in mind that being careful to submit the proper documents will result in a much faster processing time.

Regards
Mt.Gox Co. Ltd Team.

https://mtgox.com/press_release_20130530.html

Just a little buy pressure.  

[Frozenlock]

Uh? What's with the

(Forum warning: Possible phishing link!)

[ThatDGuy]

Uh? What's with the

(Forum warning: Possible phishing link!)

It's been put on every link as of today.  Nothing particular to yours, from my experience so far!

[Elwar]

I thought the verification process has been standard for a long time.

I had to go through it last summer to pull some money out.

[Elwar]

Uh? What's with the

(Forum warning: Possible phishing link!)

I clicked on that link and got hacked.

Thanks a lot dude.

[Frozenlock]

Uh? What's with the

(Forum warning: Possible phishing link!)

It's been put on every link as of today.  Nothing particular to yours, from my experience so far!

Yes, but I was wondering why?

Every link is always a possible phishing link... 

[wonkytonky]

it will help to give trust to bigger traders.
it will help to give trust to governments
it will help with more decentralisation for the one's who feel not to trade in  public

moar value to bitcoin..  

all is happy.

[Elwar]

Uh? What's with the

(Forum warning: Possible phishing link!)

It's been put on every link as of today.  Nothing particular to yours, from my experience so far!

Yes, but I was wondering why?

Every link is always a possible phishing link... 

https://bitcointalk.org/index.php?topic=220395.0;topicseen

[CurbsideProphet]

I thought the verification process has been standard for a long time.

I had to go through it last summer to pull some money out.

I've been verified for a while so I don't recall the exact amount but you were able to deposit and withdraw small sums without previously being verified.  It appears now you will need to be verified to do any deposits or withdrawals.

[relm9]

I thought the verification process has been standard for a long time.

I had to go through it last summer to pull some money out.

I've been verified for a while so I don't recall the exact amount but you were able to deposit and withdraw small sums without previously being verified.  It appears now you will need to be verified to do any deposits or withdrawals.

Verification was mandatory to use the Dwolla deposit option for at least the past year, not sure about the other methods.

[ThatDGuy]

I thought the verification process has been standard for a long time.

I had to go through it last summer to pull some money out.

I've been verified for a while so I don't recall the exact amount but you were able to deposit and withdraw small sums without previously being verified.  It appears now you will need to be verified to do any deposits or withdrawals.

Verification was mandatory to use the Dwolla deposit option for at least the past year, not sure about the other methods.

I was able to use BitInstant to move money in before being verified prior to this.

[abednego]

I really do not see the events of this month being bullish for Bitcoin unfortunately.  Fundamentally... if BTC cannot enter the economy then the price stagnates at best... decreases at worst.

I have been blogging about my technical analysis of Bitcoin but I have made a decision today to start cashing out through the remaining exchanges to limit my worst case risk.
http://www.adventcarraig.com/2013/05/30/bitcoin-concerns/

[mgio]

Has anyone gone from a verified to a trusted account where you have to get an "apostille" (whatever that means)?

Is it hard? Did you have to go to your secretary of state or could you do it at a bank (in the US)?

The verified withdrawal limit of $10k per month and $1k per day is very low!

[ThatDGuy]

The verified withdrawal limit of $10k per month and $1k per day is very low!

"Verified Status (Level 1)

Maximum monthly withdrawal of 50,000 USD (or equivalent) capped to a maximum of 10,000 USD per 24 hrs and a 1,000 BTC withdrawal per 24 hrs without any monthly limit."

I would think Verified status covers the vast majority of BTC users right now adequately.

[mgio]

The verified withdrawal limit of $10k per month and $1k per day is very low!

"Verified Status (Level 1)

Maximum monthly withdrawal of 50,000 USD (or equivalent) capped to a maximum of 10,000 USD per 24 hrs and a 1,000 BTC withdrawal per 24 hrs without any monthly limit."

I would think Verified status covers the vast majority of BTC users right now adequately.

Is that correct???

Because when I log in and go to "Withdaw", I see "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)"

and I have a verified account.

[Phil21]

The verified withdrawal limit of $10k per month and $1k per day is very low!

"Verified Status (Level 1)

Maximum monthly withdrawal of 50,000 USD (or equivalent) capped to a maximum of 10,000 USD per 24 hrs and a 1,000 BTC withdrawal per 24 hrs without any monthly limit."

I would think Verified status covers the vast majority of BTC users right now adequately.

Is that correct???

Because when I log in and go to "Withdaw", I see "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)"

and I have a verified account.

You have to request it be raised (with a max of $5k/day and $50k/30d iirc)

[mgio]

The verified withdrawal limit of $10k per month and $1k per day is very low!

"Verified Status (Level 1)

Maximum monthly withdrawal of 50,000 USD (or equivalent) capped to a maximum of 10,000 USD per 24 hrs and a 1,000 BTC withdrawal per 24 hrs without any monthly limit."

I would think Verified status covers the vast majority of BTC users right now adequately.

Is that correct???

Because when I log in and go to "Withdaw", I see "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)"

and I have a verified account.

You have to request it be raised (with a max of $5k/day and $50k/30d iirc)

ok great, I will do that. Still kind of low, but much better than it was before!

[crazy_rabbit]

Has anyone gone from a verified to a trusted account where you have to get an "apostille" (whatever that means)?

Is it hard? Did you have to go to your secretary of state or could you do it at a bank (in the US)?

The verified withdrawal limit of $10k per month and $1k per day is very low!

I can withdraw $10K per day and $50K per month. WAY more then I could ever imagine needing (I'm not a crypto-millionare) but I wouldn't be surprised if they capped this somewhere down the line. Seems like a lot to be able to withdraw.

The verified withdrawal limit of $10k per month and $1k per day is very low!

"Verified Status (Level 1)

Maximum monthly withdrawal of 50,000 USD (or equivalent) capped to a maximum of 10,000 USD per 24 hrs and a 1,000 BTC withdrawal per 24 hrs without any monthly limit."

I would think Verified status covers the vast majority of BTC users right now adequately.

Is that correct???

Because when I log in and go to "Withdaw", I see "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)"

and I have a verified account.

You have a lower level verified account. The next level up gives you 10K per day and 50K per month.

[joesmoe2012]

Has anyone gone from a verified to a trusted account where you have to get an "apostille" (whatever that means)?

Is it hard? Did you have to go to your secretary of state or could you do it at a bank (in the US)?

The verified withdrawal limit of $10k per month and $1k per day is very low!

You have to get documents apostilled, in my state there's only two places in the state that do it (I had to drive a couple hours, wait in line, and pay for the apostille itself).

Then you have to send a bunch of documents to japan, wait some time for it all to be processed, etc...

So its not exactly hard...a bit time consuming and slightly costly - yeah.

[Elwar]

(I had to drive a couple hours, wait in line, and pay for the apostille itself).

Jesus walked for many years before finding his first apostille.