Bitcoin Forum
April 23, 2024, 09:32:15 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Marketplace > Service Discussion > Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers?  (Read 1159 times)
Wit22 (OP)
Member
**
Offline Offline

Activity: 103
Merit: 10


View Profile
February 15, 2014, 01:59:45 PM
 #1
Can Mtgox reverse internal bitcoin transactions?

Does that increase the risk of buying goxBTC?
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713864735
Hero Member
*
Offline Offline

Posts: 1713864735

View Profile Personal Message (Offline)

Ignore
1713864735
1713864735
Reply with quote  #2
1713864735
Report to moderator
1713864735
Hero Member
*
Offline Offline

Posts: 1713864735

View Profile Personal Message (Offline)

Ignore
1713864735
1713864735
Reply with quote  #2
1713864735
Report to moderator
1713864735
Hero Member
*
Offline Offline

Posts: 1713864735

View Profile Personal Message (Offline)

Ignore
1713864735
1713864735
Reply with quote  #2
1713864735
Report to moderator
muto
Sr. Member
****
Offline Offline

Activity: 457
Merit: 250


View Profile
February 19, 2014, 11:55:33 AM
 #2
bump.

How is the process of transfering coins gox internal?
mp420
Hero Member
*****
Offline Offline

Activity: 501
Merit: 500


View Profile
February 19, 2014, 12:20:14 PM
 #3
Yes they can reverse the internal BTC transfers, since they do not even use the blockchain but are just database transactions. Not likely though unless they suspect fraud or other illegal activity.
Amitabh S
Legendary
*
Offline Offline

Activity: 1001
Merit: 1003


View Profile
February 19, 2014, 12:43:05 PM
 #4
As the above post says, there is non-zero probability of internal transfers being reversed.
Coinsecure referral ID: https://coinsecure.in/signup/refamit (use this link to signup)
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1204
Merit: 1001


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
February 19, 2014, 01:28:16 PM
 #5
I think at this point, Gox might and could do anything. If they really are insolvent, all bets are off.
more or less retired.
Nagle
Legendary
*
Offline Offline

Activity: 1204
Merit: 1000


View Profile WWW
February 19, 2014, 08:14:55 PM
 #6
Quote from: Wit22 on February 15, 2014, 01:59:45 PM
Can Mtgox reverse internal bitcoin transactions?
That's a very good question. 

It's more like "can they get away with it if they do it?" Given the reluctance of Gox suckers customers to sue, probably yes.
Pages: [1]
  Print  
Bitcoin Forum > Economy > Marketplace > Service Discussion > Trading btc for goxbtc; is there any risk of MtGox reversing internal transfers?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!