MTGOX was down on Jun 23. Now its back up and running.

[S3052]

EDITED: No trade was registered for many many hours some time. MTGOX was down and is up again.
What happened is now the question.

[N12]

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.

[Bitcoin Oz]

MTSOCKS is still up.

http://mtsocks.com

[SaintFlow]

still no change

[Spekulatius]

well, time to enjoy my newly arrived Bitcoin Magazine

[SaintFlow]

still nothing!

or have i missed any anouncements?

[Hexadecibel]

No trades in the past 3.5 hours....

[Spekulatius]

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

[chsx3]

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..?

[Hexadecibel]

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

[chsx3]

So, me being stupid: confirmed.

Thanks for the info.

[piotr_n]

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

[Hexadecibel]

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?...

[cloon]

Where's the statement of MtGox?
that sucks!

[RyNinDaCleM]

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.

[piotr_n]

I can place an ask order, but it just stays pending...
And it doesn't seem to be affecting the market depth data.

[genuise]

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.

[SaintFlow]

Let me put some oil in the fire:

gentlemen - you are seeing mtgox folding

[Vladimir]

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.

[SaintFlow]

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