Bitcoin Exchange MtGox Says Withdrawals Will Resume Soon ...

MtGox to hold maintenance to reenable Bitcoin withdrawals

submitted by Rannasha to Bitcoin [link] [comments]

Two of China's Biggest Exchanges - OKCoin and Huobi- Stop Bitcoin & Litecoin Withdrawals after receiving ultimatum from Beijing. Deposits and Yuan withdrawals still work fine. Relax & Keep Depositing, this is totally NOT MtGox Redux!

Two of China's Biggest Exchanges - OKCoin and Huobi- Stop Bitcoin & Litecoin Withdrawals after receiving ultimatum from Beijing. Deposits and Yuan withdrawals still work fine. Relax & Keep Depositing, this is totally NOT MtGox Redux! submitted by Barkey_McButtstain to btc [link] [comments]

Contacting the bitcoin foundation on MtGOX withdrawal issues

Hi Guys,
I am too affected by this issue, as most of you in this sub. I've send an email to the bitcoin foundation to clarify whats going on:
Hello,
I would like to get your thoughts on the current MtGOX withdrawal issues. They are occurring, when trying to withdraw BTC from a MtGOX account. Delays of 1-2 weeks shouldn't be tolerated by the members of the Bitcoin foundation for a company, which CEO is a member of it. I would like to ask you to publish a public statement on this issue. Otherwise the Bitcoin foundation members actually support these practices, which can have a negative effect on the image of companies grouped in it.
Numerous users are experiencing these issues and the story is already cover by few media outlets:
http://www.vocativ.com/02-2014/people-cant-convert-bitcoin-cash-theyre-pissed/ http://www.coindesk.com/poll-mt-gox-withdrawal-issues/ http://www.ibtimes.co.uk/cryptocurrency-news-round-vertcoin-surge-continues-mt-gox-frustration-builds-1435175
Some forum threads:
https://bitcointalk.org/index.php?topic=324918.0 https://bitcointalk.org/index.php?topic=431117.0 https://bitcointalk.org/index.php?topic=429769.0
Regards, [signature]
I've sent it to their general email address: [email protected]
Anyone is welcome to re-send/modify the message according to their needs.
EDIT: There is also a forum thread dedicated to this issue on their forum, so anyone who is a member can submit a message there: https://bitcoinfoundation.org/forum/index.php?/topic/700-mtgox-insolvency/
EDIT2: Twitter account of the CEO of MtGOX and his linkedin profile: http://www.linkedin.com/in/karpeles https://twitter.com/MagicalTux, chairman of the foundation board: https://twitter.com/vessenes, http://www.linkedin.com/in/vessenes
EDIT3: as hildenborg mentioned (http://i.imgur.com/fc4Iy69.png): MtGox hot wallet is empty: http://coinsight.org/mtgox.html So withdrawals are now failing instantly, they don't even get a TX.
EDIT4: I want to say thank you guys for the discussion and for the sent out emails. I know that the foundation isn't any official authority as some of you pointed out, but I would like to see some consequences for their behavior to their customers. So if you haven't send an email yet, please consider doing so.
submitted by jokob to Bitcoin [link] [comments]

Request for comments: Can ending the MtGox bankruptcy procedure avoid unjust enrichment of the bankrupt? Or can treating bitcoin withdrawal claims as "claims for payment of money"?

Request for comments: Can ending the MtGox bankruptcy procedure avoid unjust enrichment of the bankrupt? Or can treating bitcoin withdrawal claims as submitted by Karl-Friedrich_Lenz to Bitcoin [link] [comments]

Request for comments: Can ending the MtGox bankruptcy procedure avoid unjust enrichment of the bankrupt? Or can treating bitcoin withdrawal claims as "claims for payment of money"?

Request for comments: Can ending the MtGox bankruptcy procedure avoid unjust enrichment of the bankrupt? Or can treating bitcoin withdrawal claims as submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I'm calling it now. Today's anncmt involving other parties: Major Bitcoin players are going to step up and cover MtGox withdrawals in exchange for equity/shares in rebranded Gox.

submitted by andyrowe to Bitcoin [link] [comments]

MTGOX not allowing withdrawals of bitcoin without verification.

I'm unable to move any bitcoin out of mtgox until I finish their month or two long verification process. I have used them for years with no issue getting the coins out. This is a new development in the last month or two. Anyone who is not expecting this, beware.
submitted by jhansen858 to Bitcoin [link] [comments]

Breaking: MtGox Now Testing Bitcoin Withdrawals

Breaking: MtGox Now Testing Bitcoin Withdrawals submitted by gldtalk to CryptoCurrency [link] [comments]

[DEV] How to create a bitcoin-based MMO with withdrawals and deposits, without messing up like MtGox?

Hello, I'm in the process of creating an MMO whose ingame currency might be bitcoins (still not decided). For this, I need an automated system for people to deposit and withdraw bitcoins on the game. I would like to find resources to do it correctly, aswell as best practices to deal with the bitcoins people deposit. I want to do it the most transparent, safe way possible and not ruin everything like MtGox did. What are the best resources for this?
submitted by SrPeixinho to Bitcoin [link] [comments]

Wont arbitrage cause prices to crash once mtgox allows bitcoin withdrawals?

Thinking about this clearly, won't all the people with fiat on gox buy the significantly cheaper bitcoins on gox and then dump them on other exchanges for a huge profit?
Since the gox price is so much lower isn't gox btc withdrawals being re-enabled going to cause a mini crash?
submitted by hammertimeisnow to BitcoinMarkets [link] [comments]

As bitcoin is sitting around 100$ on MtGox, is it worth it to buy some bitcoins? hoping they allow withdrawals at a later stage?

Title
submitted by WarrenJ to Bitcoin [link] [comments]

When MtGox resumes Bitcoin withdrawals, how will it affect the price on other exchanges?

Once MtGox (presumably) allows people to get their Bitcoin out, I assume that the price on MtGox will increase, since this is the only way for many to get out of MtGox.
(Feel free to attack my above premise as well, regarding the following question.)
Assuming this is the case, and immediately following this news, do you think there will be a corresponding price increase on Bitstamp, or a price decrease (potentially from said BTC being cashed out on and/or arbitraged on Bitstamp)? Explain your reasoning.
submitted by _Avalanche_ to Bitcoin [link] [comments]

Currently lost 1.05 BitCoin trying to withdraw from MtGox, wish me luck.

Its been over 24 hours, the withdraw and an email confirmation from MtGox happened immediately but the transfer itself never started. I've sent an email reply to MtGox. I'll let you know if I hear anything.
-As of February 1st I have revived a ticket number from MtGox, but no action has been taken on that ticket. Currently my transaction does not show up @ skanner.net
submitted by ZHaDoom to Bitcoin [link] [comments]

Verification needed to withdraw bitcoin from MtGox?

I've been withdrawing bitcoin from MtGox for months now. I know you had to be verified in order to withdraw USD so I never even tried it. Today when I tried to withdraw bitcoin again it's telling me that my account is pending review and I need to be verified. Since when did this change? Do all accounts need verification now?
submitted by bitdetective to Bitcoin [link] [comments]

The Bitcoin Wiki is still listing Dwolla as a valid way to withdraw USD from MtGox.

https://en.bitcoin.it/wiki/MtGox#Dwolla_2
Since MtGox stopped using Dwolla last May, this really needs to be taken down. It'll only encourage new users to register and attempt to use MtGox without realizing the troubles of withdrawing USD from the market.
I don't have the permissions to edit articles on the wiki, otherwise I would have edited them myself.
submitted by JoshuatheHutt to Bitcoin [link] [comments]

MtGOX Bitcoin Withdrawal Update. Question.

The last announcement says "We will update everyone again by Thursday at the latest". MtGOX Announcement
So, if the announcement says "at the latest", and it means that news could come earlier. When do you think it could happen? And Why?
submitted by favhayek to Bitcoin [link] [comments]

If/when MtGox resumes Bitcoin withdrawals, how will it affect the price on other exchanges? (x-post from r/bitcoin)

Once MtGox (presumably) allows people to get their Bitcoin out, I assume that the price on MtGox will increase, since this is the only way for many to get out of MtGox.
(Feel free to attack my above premise as well, regarding the following question.)
Assuming this is the case, and immediately following this news, do you think there will be a corresponding price increase on Bitstamp, or a price decrease (potentially from said BTC being cashed out on and/or arbitraged on Bitstamp)? Explain your reasoning.
submitted by _Avalanche_ to BitcoinMarkets [link] [comments]

MtGox issued a new statement regarding Bitcoin withdrawals. They say they will definitely re-allow withdrawals! Price of Bitcoin is going up fast and it's driving all crypto's up! Doge to the moon!

submitted by tomyes to dogecoin [link] [comments]

MtGox has just released their statment, useless update. Bitcoin withdrawals delayed again

Prepare for the worst I guess..
Tokyo, Japan, February 20th, 2014! " " Dear MtGox Customers," " Thank you for your patience this week while we are working on re-initiating bitcoin withdrawals. In addition to the technical issue, this week we have experienced some security problems, and as a result we had to relocate MtGox to our previous office building in Shibuya (details can be found here https://support.mtgox.com/home). The move, combined with some other security and technical challenges, pushed back our progress." " As much as we didn’t want to only provide an “update on an update”, this is the current status. We are committed to solving this issue and will provide more information as soon as possible to keep everyone in the loop." " We are very sorry for the delays and deeply appreciate your kind understanding and continuous support." " Best regards," " " MtGox Team
submitted by Uckers to Bitcoin [link] [comments]

What was the price of bitcoin when withdrawals were halted on MtGox? (Sorry, no news)

I'm trying to estimate how much in unrealised earnings I lost. Yes, I am a masochist.
submitted by eldormilon to mtgoxinsolvency [link] [comments]

Can't withdraw cryptos from Kraken and I'm tier3, is this a mtgox replay? /r/Bitcoin

Can't withdraw cryptos from Kraken and I'm tier3, is this a mtgox replay? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

When mtgox allows withdrawals will the value of bitcoin plummet?

I Imagine that a high number of their customers have lost patience and will all take their money out which will have a negative impact.
submitted by angelomike to Bitcoin [link] [comments]

Who Will EXPLOIT The Looming BITCOIN CRASH as MT. GOX ... Withdraw Bitcoins from Blockchain to Your Bank Account Is Bitcoin Over? Mt. Gox Pauses Withdrawals Withdraw Bitcoins from Blockchain to Bank Account Instantly Mt. Gox Bitcoin exchange goes offline after $350 million hack

The largest Bitcoin exchange, MtGox, has announced that they are resuming USD withdrawals around the world, putting an end to two weeks of hiatus.A long backlog of withdrawal requests had been accumulated over the period, so it will take over a month before processing times finally return to normal, but MtGox expects that the main disruptions are now over. We apologize for the extremely short notice, but as of now all bitcoin withdrawals will be paused, and withdrawals in the queue will returned to your MtGox wallet and can be re-intiated once the ... Mt. Gox, called "Mount Gox" or simply "Gox", was the most widely used bitcoin currency exchange market from shortly after its inception in 2010 to its insolvency late 2013. The market was closed February 25, 2014 and has since filed for bankruptcy protection in Japan and the United States, after losing 640 thousand bitcoins.. A registrant on Mt. Gox had at least two sub-accounts: one for ... MtGox's move to freeze all withdrawals is sending ripples throughout the Bitcoin trading community. MtGox cites Bitcoin transaction malleability as the cause. Bitcoin transactions to any MtGox bitcoin address, and currency withdrawals (Yen, Euro, etc) are not affected by this issue. The problem we have identified is not limited to MtGox, and affects all transactions where Bitcoins are being sent to a third party. We believe that the changes required for addressing this issue will be positive over the long term for the whole community. As a result we ...

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Who Will EXPLOIT The Looming BITCOIN CRASH as MT. GOX ...

Mt. Gox, once the world's largest bitcoin exchange, is now offline after losing about $350 million to a two year-long hack that went undetected by the company. Mt. Gox said that it was ... Who Will EXPLOIT The Looming BITCOIN CRASH as MT. GOX Stops All Withdrawals A temporary halt on withdrawals from the bitcoin exchange Mt. Gox on Friday and s... Feb. 10 (Bloomberg) -- Matt Miller reports on Bitcoin exchange Mt. Gox's cash withdrawal woes on Bloomberg Television's "In The Loop." (Source: Bloomberg) Mt Gox has revealed 850,000 bitcoins are unaccounted for following cyber attacks, and has 127,000 creditors. Chief executive Mark Karpeles blamed a weakness in the exchange's computer system for ... Withdraw Bitcoins from Blockchain to Your Bank Account, withdraw bitcoins from mtgox to Bank Account, withdraw bitcoins from bitstamp To Bank Account, withdraw bitcoins from btc-e to Bank Account ...

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