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Author Topic: mtgox temporarily stops bitcoin withdrawals and BTC price drops  (Read 2070 times)
corsaro
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February 08, 2014, 08:03:10 PM
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Mtgox annunced yesterday that all bitcoin withdrawals are temporarily stopped due to technical problems, and immediately btc price drops
https://www.mtgox.com/press_release_20140207.html

Probably the BTC market needs more "BTC / fiat" exchangers, so to avoid similar problems in the future

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danieldaniel
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February 08, 2014, 08:31:02 PM
 #2

Mtgox annunced yesterday that all bitcoin withdrawals are temporarily stopped due to technical problems, and immediately btc price drops
https://www.mtgox.com/press_release_20140207.html

Probably the BTC market needs more "BTC / fiat" exchangers, so to avoid similar problems in the future


The sad thing is that some people will still use MtGox after this problem is fixed.

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February 08, 2014, 08:35:05 PM
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There are several threads on this, please dont start new ones without searching. Maybe a mod can delete this

corsaro
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February 08, 2014, 10:01:34 PM
 #4

Mtgox annunced yesterday that all bitcoin withdrawals are temporarily stopped due to technical problems, and immediately btc price drops
https://www.mtgox.com/press_release_20140207.html

Probably the BTC market needs more "BTC / fiat" exchangers, so to avoid similar problems in the future


The sad thing is that some people will still use MtGox after this problem is fixed.

It is incredible. Just a single exchange operator, decides to stop withdrawals for few days, for "discutible" technical reasons, and the market reachs in this way: -20% price.

Probably all we use btc have to start thinking btc has an "intrinsic value", not related to fiat money... We have to think in this way, just to give to btc the power it really has
Ominub
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February 12, 2014, 07:54:18 PM
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OMGosh, I have tried to withdraw my money in EUR from mtgox, then after two weeks of waiting I decided to withdraw money in BTC so I cancelled EUR withdrawal, converted bck to BTC  and look now at this stiuation Sad ... now I have my bitcoins locked in this *****!!!! exhange!!! and price is dropping Sad .... thats really unbelievable. The bad think is that they are untouchable Sad

We don´t need goverments to manipulate with us throught classic monetary systems because this is a manipulation in real on BTC as well Sad ... so it is no more truth that BTC is fair Sad ... damn it.
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February 12, 2014, 10:00:10 PM
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OMGosh, I have tried to withdraw my money in EUR from mtgox, then after two weeks of waiting I decided to withdraw money in BTC so I cancelled EUR withdrawal, converted bck to BTC  and look now at this stiuation Sad ... now I have my bitcoins locked in this *****!!!! exhange!!! and price is dropping Sad .... thats really unbelievable. The bad think is that they are untouchable Sad

We don´t need goverments to manipulate with us throught classic monetary systems because this is a manipulation in real on BTC as well Sad ... so it is no more truth that BTC is fair Sad ... damn it.

reading on web site of bitcoin foundation, it seems that all mayor btc/usd exchangers have stopped btc withdrawals, due to a bug. So I suggest you just to wait, until the fix will be released.
http://www.coindesk.com/massive-concerted-attack-launched-bitcoin-exchanges/

Try again to make small eur withdrawals, not more then 400 eur to see if they send you money quicly
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February 13, 2014, 11:44:29 AM
 #7

We´ll see I ´ve asked at Bitsamp as well, there is stop for BTC withdrawals as well due to the attack you described. So now we have to w8. Everything´s gonna be allright.
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February 13, 2014, 03:20:40 PM
 #8

We´ll see I ´ve asked at Bitsamp as well, there is stop for BTC withdrawals as well due to the attack you described. So now we have to w8. Everything´s gonna be allright.
currently just Kracken is working ok other all big exchanges under attack and no giving withdraws right now

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February 13, 2014, 03:21:31 PM
 #9

We´ll see I ´ve asked at Bitsamp as well, there is stop for BTC withdrawals as well due to the attack you described. So now we have to w8. Everything´s gonna be allright.
currently just Kracken is working ok other all big exchanges under attack and no giving withdraws right now
its time to born bitcoin 2.0
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February 16, 2014, 02:25:20 PM
 #10

We´ll see I ´ve asked at Bitsamp as well, there is stop for BTC withdrawals as well due to the attack you described. So now we have to w8. Everything´s gonna be allright.

Same kind of situation with NMC if you recall... bug that was exploited... now it is stronger than before....
Ominub
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February 17, 2014, 10:04:00 AM
 #11

hmmmm ... at mtgox still nothing, now the withdrawal system of mtgox says - "Transfer queue is currently not accepting more requests, please retry later" ... so the error message is different than it has been before weekend, but that´s all folks, still impossible to get BTC out of their system :/ ... but bitstamp and btc-e are again up and running, can someone confirm? I have no BTC there right now.
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February 17, 2014, 11:30:55 AM
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hmmmm ... at mtgox still nothing, now the withdrawal system of mtgox says - "Transfer queue is currently not accepting more requests, please retry later" ... so the error message is different than it has been before weekend, but that´s all folks, still impossible to get BTC out of their system :/ ... but bitstamp and btc-e are again up and running, can someone confirm? I have no BTC there right now.

Well we have a positive update....

they made an announcement....
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February 17, 2014, 11:33:05 AM
 #13

With basically no news or information, just another 'hang on'.
Arguably good news..

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February 17, 2014, 12:12:47 PM
 #14

With basically no news or information, just another 'hang on'.
Arguably good news..
Well lets look at the alternative...  Tongue

No news is never good news...
faiza1990
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February 20, 2014, 09:56:53 AM
 #15

With basically no news or information, just another 'hang on'.
Arguably good news..
Well lets look at the alternative...  Tongue

No news is never good news...
we need some more good exchanges and its good enough for stable bitcoin

Ominub
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February 20, 2014, 03:40:17 PM
 #16

They´re realy kidding Sad ... 62-61-73-74-61-72-64-73

Dear MtGox Customers,"
"
Thank you for your patience this week while we are working on re-initiating bitcoin
withdrawals. In addition to the technical issue, this week we have experienced some
security problems, and as a result we had to relocate MtGox to our previous office building
in Shibuya (details can be found here https://support.mtgox.com/home). The move,
combined with some other security and technical challenges, pushed back our progress."
"
As much as we didn’t want to only provide an “update on an update”, this is the current
status. We are committed to solving this issue and will provide more information as soon
as possible to keep everyone in the loop."
soy
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February 20, 2014, 04:03:28 PM
 #17

my bank waited to the last minute to get the tax documents out. They were here on Feb.1. Figure workers getting a refund will file pretty quickly, say by Feb. 7. IRS gets 9 out of 10 refunds out in 21 days or less. So, refunds will start getting spent the first week in March. Unless MtGox is in real trouble, they should be trading by then.

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Ominub
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February 25, 2014, 08:06:53 AM
 #18

Hm, mtgox.com gives nothing. So their web is now offline. Thats great Sad

Heh, and support gives  No help desk at support.mtgox.com
There is no help desk configured at this address. This means that the address is available and that you can claim it at http://www.zendesk.com/signup/

Btw: have you already read this?
http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/

and this?
https://bitcoinfoundation.org/blog/?p=418
corsaro
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February 25, 2014, 09:04:08 AM
 #19

Hm, mtgox.com gives nothing. So their web is now offline. Thats great Sad

Heh, and support gives  No help desk at support.mtgox.com
There is no help desk configured at this address. This means that the address is available and that you can claim it at http://www.zendesk.com/signup/

Btw: have you already read this?
http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/

and this?
https://bitcoinfoundation.org/blog/?p=418

BBC NEWS
Top Bitcoin exchange MtGox goes offline
http://www.bbc.co.uk/news/technology-26333661
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