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Author Topic: 10:00am tokyo time approaching  (Read 2081 times)
st4nl3y (OP)
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February 25, 2014, 12:47:53 AM
 #1

10:00am tokyo time approaching. I can see massive sells on gox, nearly 5000btc in last half hour. wonder why.. mtgox announcement maybe?
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jr3951
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February 25, 2014, 01:04:50 AM
 #2

maybe, or maybe the FUD from the guy saying mtgox lost 750,000 btc
Blinken
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February 25, 2014, 01:10:57 AM
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The FUD is coming down in chunks. It's a veritable FUD storm.

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st4nl3y (OP)
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February 25, 2014, 01:13:53 AM
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why is china dumping coins like that? just about to go below 100  Shocked
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February 25, 2014, 01:14:01 AM
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maybe, or maybe the FUD from the guy saying mtgox lost 750,000 btc
They surely did. Via TM, or hacking, or account takeover that was fixed in January, but has been in the wild for who knows how long. The fact that they never said: "Your coins are safe." or "We're solvent." speaks loudly!

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February 25, 2014, 01:51:11 AM
 #6

The fact that they never said: "Your coins are safe." or "We're solvent." speaks loudly!

Not really, a company wouldn't want to have to even entertain those doubts.  Imagine the headlines: "MtGox denies it is insolvent".

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February 25, 2014, 01:54:26 AM
 #7

MtGox next announcement:

Dear Customers,

Unfortunately Godzilla has damaged our virtual offices in his latest rampage through Tokyo. This has caused a minor hiccup in our malleability repair schedule. We will be updating you soon on the further progress.

The Gox Team

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st4nl3y (OP)
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February 25, 2014, 01:59:22 AM
 #8

MtGox next announcement:

Dear Customers,

Unfortunately Godzilla has damaged our virtual offices in his latest rampage through Tokyo. This has caused a minor hiccup in our malleability repair schedule. We will be updating you soon on the further progress.

The Gox Team


it was category 4 kajun not godzilla and it burst through the wall like it was nothing
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February 25, 2014, 02:18:12 AM
 #9

Unconfirmed reports on reddit that trading has now been disabled.  Still waiting for a screenshot from someone I consider trustworthy.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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February 25, 2014, 02:20:49 AM
 #10

Trading has stopped. I can confirm there is no activity happening. Of course there has been no announcement though. It just stopped.

This order book is usually moving like crazy. http://bitcoin.clarkmoody.com/   Nothing now.

And the price on their homepage usually updates constantly but now it just oscillates between two similar prices.
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February 25, 2014, 02:22:04 AM
 #11

The bigger they are, the harder they fall.
st4nl3y (OP)
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February 25, 2014, 02:22:55 AM
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"trading has been disabled"
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February 25, 2014, 02:29:57 AM
 #13

MtGox next announcement:

Dear Customers,

Unfortunately Godzilla has damaged our virtual offices in his latest rampage through Tokyo. This has caused a minor hiccup in our malleability repair schedule. We will be updating you soon on the further progress.

The Gox Team

Oh LMAO
indiekiduk
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February 25, 2014, 02:31:59 AM
 #14

it appears trading really has been halted for 32 minutes....wonder what's coming?

http://bitcoinity.org/markets/mtgox/USD
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February 25, 2014, 02:36:39 AM
 #15

This:

http://two-bit-idiot.tumblr.com/post/77760399932/update-on-mt-gox-this-document-appears-to-be
indiekiduk
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February 25, 2014, 02:41:31 AM
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Since that's so serious, with no evidence we have to assume that's made up. Update, they posted evidence:
http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
Hmm
Pierre
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February 25, 2014, 02:50:57 AM
 #17

Non-redacted Page 7

https://i.imgur.com/8YbVJTc.png
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February 25, 2014, 02:55:37 AM
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It worse if it's legitimate.  It's an appallingly put together document.  If that's the level of competence being brought to a crisis then there's no hope for MtGox.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
indiekiduk
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February 25, 2014, 03:24:47 AM
Last edit: February 25, 2014, 03:36:03 AM by indiekiduk
 #19

http://www.mtgox.com returning blank pages
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February 25, 2014, 03:25:58 AM
 #20

yup website is down
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