Quote from: Blitz on July 17, 2013, 05:36:31 PM

Quote from: Rampion on July 17, 2013, 05:25:06 PM

Quote from: capsqrl on July 17, 2013, 05:23:37 PM

What's going on with volume? Seems like only about 30 BTC has changed hands in the last 30 minutes.

BTC8.83 in the last 25 minutes to be exact.

That explains how "the traditional banking system is unable to keep up with the demands of a growing Bitcoin economy", poor Gox whose load is crashing the Mizuho bank, which has a yearly revenue of +1 billion

Cheesy

Can't believe how bearish this is. No big money is going to flow in under these conditions, so impulsive upward moves are pretty much guaranteed to not occur.

I do wonder whether all major banks have started to treat MtGox like Wikileaks, and whether that could extend to other exchanges as well.

I'm sure they will find some way for people to withdraw eventually, though, but I have no idea how long it can take.

I have mixed feelings, from one side I'm 99% sure of Gox's honesty, but I'm also sure they are just a bunch of amateurs... And the fact they either keep silent or spread bullshit makes me think the situation is much worse than it seems.

I'm very tempted to buy BTC at the current price with all my Gox fiat, send them to a paper wallet and come back in September. If Gox is having problems to find banks to work with, probably the other exchanges will follow soon.

BTW, do you know if Bitstamp worked with LR at some point? It seems that Citibank is using that excuse to bounce Gox's wires.