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Author Topic: MTGOX was down on Jun 23. Now its back up and running.  (Read 11280 times)
S3052
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June 23, 2012, 02:25:05 PM
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EDITED: No trade was registered for many many hours some time. MTGOX was down and is up again.
What happened is now the question.

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June 23, 2012, 02:26:33 PM
 #2

Looks like their trade engine is. Other exchanges are unaffected on bitcoincharts, while for MtGox USD, EUR and GBP there have been no trades for a while.

I guess they are not really interested in making money. Grin

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June 23, 2012, 02:27:17 PM
 #3

MTSOCKS is still up.

http://mtsocks.com

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June 23, 2012, 02:40:52 PM
 #4

still no change

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June 23, 2012, 03:08:17 PM
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well, time to enjoy my newly arrived Bitcoin Magazine Cheesy
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June 23, 2012, 04:18:38 PM
 #6

still nothing!

or have i missed any anouncements?

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June 23, 2012, 05:05:15 PM
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No trades in the past 3.5 hours....

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June 23, 2012, 05:08:18 PM
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It looks like orders are still being placed --> Btccharts.com
That way one can estimate which way it will go after ther trade engine comes back up.

-edit- although I just tried (both mtgox.com and classic.mtgox.com) and no order could be placed
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June 23, 2012, 05:12:49 PM
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Is anyone else seeing MtGox's reported volume decreasing for the last few hours or so? It used to be ~33000 BTC, now it's ~26000 BTC and still dropping (sit on the frontpage for a few minutes, and watch the ticker at the top).

Am I being stupid and just missing something, or..?
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June 23, 2012, 05:16:51 PM
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Is anyone else seeing MtGox's reported volume decreasing for the last few hours or so? It used to be ~33000 BTC, now it's ~26000 BTC and still dropping (sit on the frontpage for a few minutes, and watch the ticker at the top).

Am I being stupid and just missing something, or..?

I believe thats volume for a 24h period, and since no trades are taking place, the volume for this 24 hour period is decreasing
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June 23, 2012, 05:19:59 PM
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So, me being stupid: confirmed.

Thanks for the info.
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June 23, 2012, 05:21:48 PM
 #12

It's been dead for hours already.
The last trade was at 13:42:28 UTC

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June 23, 2012, 05:26:06 PM
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This could be a good sign...

Imagine if they got hacked again, but this time their countermeasures kicked in and froze trading until they get everything sorted out.

Of course, if I were mt.gox I would not advertise this... or would I?...
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June 23, 2012, 05:32:18 PM
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Where's the statement of MtGox?
that sucks!

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June 23, 2012, 05:35:30 PM
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It looks like orders are still being placed --> Btccharts.com
That way one can estimate which way it will go after ther trade engine comes back up.

-edit- although I just tried (both mtgox.com and classic.mtgox.com) and no order could be placed

May just be canceling orders!

Some of the chatty Cathy's over on BTC-e said they were able to pull BTC out of gox since this started, andI doubt cash would be the same story.

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June 23, 2012, 05:36:44 PM
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I can place an ask order, but it just stays pending...
And it doesn't seem to be affecting the market depth data.

Check out gocoin - my original project of a bitcoin client written in Go, with some unique features.
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June 23, 2012, 05:41:43 PM
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Is anyone else seeing MtGox's reported volume decreasing for the last few hours or so? It used to be ~33000 BTC, now it's ~26000 BTC and still dropping (sit on the frontpage for a few minutes, and watch the ticker at the top).

Am I being stupid and just missing something, or..?

If you mean orderbook volume, it is really droped bitcoin-analytics.com
from 330k USD to 230k USD and also interesting that orderbook price is changing over time  in opposite direction.
Looks really that orders are cancelled gradually one by one. from both bids and asks sides.


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June 23, 2012, 05:44:12 PM
 #18

Let me put some oil in the fire:

gentlemen - you are seeing mtgox folding

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June 23, 2012, 05:49:12 PM
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Let me put some oil in the fire:

gentlemen - you are seeing mtgox folding

Could be this, could be just some technical issue. The thing with gox is: you never know whether you are being goxed or foxed.

The best strategy here IMO is to not play. It is really fun to be just an observer. And I am speaking from experience here. It is  much less fun watching Bitcoinica debacle because Bitcoin Magazine has slightly more than 1000$ in limbo there.





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June 23, 2012, 05:55:20 PM
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the freenode chat has nothing to report either besides that tux does not pick up his phone.
I quote from freenode:

<  neofutur> quotation is suspended for more than 2 hours now, no official word until now, probably a technical problem
[19:51] <neofutur> MT dont answer the phone until now
[19:52] <neofutur> I keep trying to contact him

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