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Author Topic: Maybe the MTGox FIX is coming? SiteDown, TradingDown  (Read 1975 times)
btc237ftw (OP)
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February 25, 2014, 04:07:07 AM
 #1

If they wanted to "disappear with the money" - why would they allow people to withdraw fiat?

http://www.reddit.com/r/Bitcoin/comments/1yuozv/mtgox_just_proceeded_a_bunch_of_jpy_withdrawal/
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February 25, 2014, 04:11:40 AM
 #2

Unlikely.  MtGox was an exchange under intense scrutiny.  Why would they pull the whole thing down without warning just to change a web site and trading engine?
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February 25, 2014, 04:12:00 AM
 #3

If they didn't allow it, it would be suspicious and no one would send more fiat to Gox, but they allowed it so they could receive more and more fiat until they decided to run away with the cash. Like Ponzi did, he also gave people's money to gain trust even more so he could run away suddenly with more money.
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February 25, 2014, 04:14:24 AM
 #4

It seems the payments were done today/recently to Japaneese "customers" only... so it actually looks like they are getting rid of the people who can actually sue them as residents of Japan.
I really hope and want to stay optimistic, but it doesn't look good... at all..
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February 25, 2014, 04:14:41 AM
 #5

Deleted twitter account.
Sold the domain name.
Deleted the website. (The server isn't down... There's just no data to transmit.)

I don't know how much more proof you need before you accept it. They're gone... Not coming back as the same entity...

.
..1xBit.com   Super Six..
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btc237ftw (OP)
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February 25, 2014, 04:16:20 AM
 #6

Quote
Deleted twitter account.
Sold the domain name.
Deleted the website. (The server isn't down... There's just no data to transmit.)

I don't know how much more proof you need before you accept it. They're gone... Not coming back as the same entity...

Do you think us, GOXBTC/GOXUSD holders will ever see our money?
pungopete468
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February 25, 2014, 04:18:45 AM
 #7

Not likely...

How much are you out?

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..1xBit.com   Super Six..
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Luno
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February 25, 2014, 04:19:22 AM
 #8

You have to call on Mark directly, then make a deal with him personally.
Bitcoin_is_here_to_stay
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February 25, 2014, 04:21:15 AM
 #9

Deleted twitter account.
Sold the domain name.
Deleted the website. (The server isn't down... There's just no data to transmit.)

I don't know how much more proof you need before you accept it. They're gone... Not coming back as the same entity...

They sold mtgox.com or box.com? I have noticed gox.com is for sale, but allegedly leaked document said they are gonna used it and somebody commenting said it is registered to karples
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February 25, 2014, 04:23:32 AM
 #10

Deleted twitter account.
Sold the domain name.
Deleted the website. (The server isn't down... There's just no data to transmit.)

I don't know how much more proof you need before you accept it. They're gone... Not coming back as the same entity...

actually, they bought the domain gox.com it's registered to mark karpeles now. gox.com takes you straight to mt.gox
derpinheimer
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February 25, 2014, 04:25:47 AM
 #11

Look on the bright side guys, there is no trading lag!

https://mtgox.com/api/1/generic/order/lag
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February 25, 2014, 06:39:53 AM
 #12

Such pieces of sh*t. How does no one in that company realize their actions in dealing with this are making things 100x worse?
InCoinsITrust
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February 25, 2014, 06:46:11 AM
 #13

stupid gox, did this caused price go so low past 12 hours ?
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February 25, 2014, 06:48:40 AM
 #14

stupid gox, did this caused price go so low past 12 hours ?

Yep.
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February 25, 2014, 07:04:28 AM
 #15

If they wanted to "disappear with the money" - why would they allow people to withdraw fiat?

http://www.reddit.com/r/Bitcoin/comments/1yuozv/mtgox_just_proceeded_a_bunch_of_jpy_withdrawal/


EXACTLY. Right now they are working on the site and as their record of incompetence shows - they decided to work on their live site without leaving any kind of 'Site maintenance' page or anything. Doesn't really surprise me.

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February 25, 2014, 07:14:12 AM
 #16

Sold the domain name.
Fucking liar.
http://www.whois.net/whois/mtgox.com

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InCoinsITrust
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February 25, 2014, 07:15:21 AM
 #17

Why are they just do not kill gox, it is causing too much lower price now.
pungopete468
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February 25, 2014, 07:56:55 AM
 #18


Things change fast around here. I'm not a liar, but I'm not always right.

Apparently Gox acquired a new domain name. The way Gox is handling this business is infuriating. This isn't the way a professional establishment operates.

https://bitcointalk.org/index.php?topic=485842.20

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February 25, 2014, 08:14:09 AM
 #19

Interesting that their site returns a 200 OK.
That would happen if there was a bug in their code.
Either they have been hacked or they made a mistake in their code.

They haven't 'switched off' their site - in that case there would be a 404 message.

OK, This is a possible scenario that makes sense to me...

1) Gox have mentioned before that they have no 'sandbox' testing environment, so they have to work on the live site.
2) They have been working on fixing some bugs - and therefore to test the updates they needed to stop all trades - internal ones too - which they stopped just today - see the image which was on reddit:



3) They made some kind of fuck up in their code - VERY easy to do if you are working in a live environment - which is giving the whitescreen 200 OK

This actually makes more sense than - they decided to shut down their site and run away.

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February 25, 2014, 10:34:45 AM
 #20

Interesting that their site returns a 200 OK.
That would happen if there was a bug in their code.
Either they have been hacked or they made a mistake in their code.

They haven't 'switched off' their site - in that case there would be a 404 message.

OK, This is a possible scenario that makes sense to me...

1) Gox have mentioned before that they have no 'sandbox' testing environment, so they have to work on the live site.
2) They have been working on fixing some bugs - and therefore to test the updates they needed to stop all trades - internal ones too - which they stopped just today - see the image which was on reddit:



3) They made some kind of fuck up in their code - VERY easy to do if you are working in a live environment - which is giving the whitescreen 200 OK

This actually makes more sense than - they decided to shut down their site and run away.


You might be right on this1 and i honestly hope you are because i have btc and fiat in mtgox. However don't you think that if they wanted to fix the code or resume withdrawals and test the site wouldn't they scream it off the rooftops as they always do, or at least let everyone know?
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