Post
Topic
Board Economics
Re: yes mt.gox is down but if you dont understand why...
by
PachucoBro
on 12/04/2013, 05:11:19 UTC
If I have money in Mt. Gox, should I be worried?

Good luck getting it out... It was my intention, after the big draw down to pull my cash out of MtGOX and wait to see the BTC price settle down.

I figured if the crash took out alot of people's interest in trading it then MtGOX is not going to be making $60,000 a day since no one will be actively trading it back and forth. At that point they may shut down or go bankrupt because they can't afford their bills. At that point your cash is in their hands.

But it is a pain in the arse to get your money out from them. ...and if they are so busy getting DDoS then no one can do anything or get to their money.

Earlier today I tried doing an ABA bank transfer and the webform is broke and say there is some number that is blank. So now I can't even use their online interface to request to get my cash back.