Broken BTC Withdrawals on Gox -- 2230 EST, 28 JAN: 1654 broken TX!!

[outsiders]

I just received my first batch of stuck coins back into my account, and the fee has also been credited

[1714551260]

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[vleroybrown]

Got the timeout message, sent withdrawal request in.. NOTHING. I now have a alarm setup to alert me if btc trade price is crashing.  Mtgox should have been put down after the first 2 times they caused a massive selloff in BTC.  No matter how this ends up with so many exchanges having troubles, btc price is going no where fast so why even bother with it.  Alts day is here and I will be ready.

i managed to withdraw few btc in last few hours, i would say 30% of requested

If you are having any success at all with withdrawals why are you soliciting a class action type legal action in another thread.  If I received a 3rd of my coin missing at MtGox every couple weeks I would be annoyed but not ready to sue.

[rikkejohn]

Got the timeout message, sent withdrawal request in.. NOTHING. I now have a alarm setup to alert me if btc trade price is crashing.  Mtgox should have been put down after the first 2 times they caused a massive selloff in BTC.  No matter how this ends up with so many exchanges having troubles, btc price is going no where fast so why even bother with it.  Alts day is here and I will be ready.

i managed to withdraw few btc in last few hours, i would say 30% of requested

If you are having any success at all with withdrawals why are you soliciting a class action type legal action in another thread.  If I received a 3rd of my coin missing at MtGox every couple weeks I would be annoyed but not ready to sue.

you think all this shit and deception by Gox is worth covering up, then?

How cowardly.

[HeliKopterBen]

You guys are lucky.  I had 0 of 8 withdrawals go through.

[Bitnicity]

seems people are selling their coins in Gox which brought down the divergence(against other exchange) quite a bit over the past 6 hours, why they are selling coins, do they have a better change to cash out via fiat withdrawal? I think fiat still a worst option to cash out for most people.

[vleroybrown]

Got the timeout message, sent withdrawal request in.. NOTHING. I now have a alarm setup to alert me if btc trade price is crashing.  Mtgox should have been put down after the first 2 times they caused a massive selloff in BTC.  No matter how this ends up with so many exchanges having troubles, btc price is going no where fast so why even bother with it.  Alts day is here and I will be ready.

i managed to withdraw few btc in last few hours, i would say 30% of requested

If you are having any success at all with withdrawals why are you soliciting a class action type legal action in another thread.  If I received a 3rd of my coin missing at MtGox every couple weeks I would be annoyed but not ready to sue.

you think all this shit and deception by Gox is worth covering up, then?

How cowardly.

As far as publicity to this matter is concerned legal proceedings in japan surrounding an exchange that just a quick glance at the price there glaringly illustrates some serious matters not dealt with even after 3 months and certainly already mired down in criminal legal scrutiny from government's is as close to being a brave risk to the point of being disadvantaged.  A annoying delay for any of those funds was something anyone with $$$ at MtGox would have certainly already accepted.

[bahamapascal]

Status update: My Bitcoins got refundet to my account aver 7 days waiting....feels so good to have them back

[vleroybrown]

Status update: My Bitcoins got refundet to my account aver 7 days waiting....feels so good to have them back

Great mine were as well,  what you going to try to get the cash this time?  Smaller amount of BTC or legal tender and burn that motherfucker down.

[DeathAndTaxes]

I looked at a number of the failed transactions on skanner before the api facility was stopped and it seems a lot of withdrawal transactions had several inputs, but one of which had zero balance, an initial double-spend. For example. If customers A and B both try to withdraw BTC within a few seconds of each other their payments would share one input address in common with a balance to satisfy only one customer. Whichever gets propagated through the network first has a successful withdrawal, the other is silently ignored, languishing.

That would be better than the reality.  My stuck tx is a double spend, and the original was included in a block 10 days ago.

That is right MtGox tried to pay me with "coins" they already paid to a completely different customer over a week ago.

[CoolStoryBro]

seems people are selling their coins in Gox which brought down the divergence(against other exchange) quite a bit over the past 6 hours, why they are selling coins, do they have a better change to cash out via fiat withdrawal? I think fiat still a worst option to cash out for most people.

Also wonder on this, i.e. why price on Gox dropped?

[BCbitcoin]

seems people are selling their coins in Gox which brought down the divergence(against other exchange) quite a bit over the past 6 hours, why they are selling coins, do they have a better change to cash out via fiat withdrawal? I think fiat still a worst option to cash out for most people.

Also wonder on this, i.e. why price on Gox dropped?

Same pattern you often see with bitcoin trading. There was a large 3000 coin dump and then other people guess that that guy must know something and they just follow. Monkey see monkey do.

[solex]

I looked at a number of the failed transactions on skanner before the api facility was stopped and it seems a lot of withdrawal transactions had several inputs, but one of which had zero balance, an initial double-spend. For example. If customers A and B both try to withdraw BTC within a few seconds of each other their payments would share one input address in common with a balance to satisfy only one customer. Whichever gets propagated through the network first has a successful withdrawal, the other is silently ignored, languishing.

That would be better than the reality.  My stuck tx is a double spend, and the original was included in a block 10 days ago.

That is right MtGox tried to pay me with "coins" they already paid to a completely different customer over a week ago.

Indeed, what you are describing is worse and seems to rule out db race condition glitches. It is hard to believe that they are having a genuine software problem like this after functioning for nearly 4 years.

[Elo]

It is hard to believe that they are having a genuine software problem like this after functioning for nearly 4 years.

A quick search reveals they've had these problems since ever (both duplicate spends and ignoring coinbase maturity).

It's possible that more people are mining to their MtGox addresses now, triggering the coinbase maturity problem.

It's possible also that the two problems are related (failed transactions lead to more failed transactions), and that the problem is exacerbated now that it has caught the public eye and everyone (including me) has rushed to withdraw their BTC.

That still doesn't help us if they lack the technical competence to solve this. Their inability to effect a fix is astounding.

[Bitnicity]

My stuck coins returned today and I broke them into three separate withdrawals, guessed what? None got through, stuck again, the dice rolling wining rate now is 0%! what a beauty

[Dusт]

I did 22 withdrawals and 0 got through, not even the 0.001 one.

[Bitnicity]

I did 22 withdrawals and 0 got through, not even the 0.001 one.

they totally broken down, looking at the piling tx and withdrawal requests

[cwfabc]

My god!what's wrong with gox?

[belzebut]

Same problem!
Did 4 withdrawals and none got through.

[soy]

Ah, this is part:

Following the arrest of BitInstant CEO, we believe it necessary to confirm and improve the information we hold on all customers using or having used BitInstant in the past. We understand that this request may create inconveniences but we believe that this is a necessary process to enforce MtGox policy not to tolerate any illegal usages of its platform.

please attach to this email the following documents in order to have your account unlocked

[MrWr1TeR]

I tried to withdrawl 0.1BTC and it worked...