Quote from: Netprofits on January 26, 2014, 09:11:57 PM

Quote from: smoothie on January 26, 2014, 08:41:55 PM

Looks like the death spiral is starting to accelerate.

1. Delays on USD and other fiat - CHECK

2. Delays on JPY withdrawals - CHECK

3. Delays on BTC withdrawals - CHECK

4. Silence due to above 3 items - CHECK

Roll Eyes

Would they at least wait until I remove my last coins? Seriously, what I find absolutely troubling is 1) this issue now affects 10,473.89 coins (if I read the data correctly), combined with the fact that 2) it happened on a weekend when far too often bad news is delivered/ discovered. I hope I am mistaken about this.

My question is, how long does it take for bad transactions to be cleared? If this requires Gox to 'double spend' in order to correct, I would not even want to consider the additional delays this would create in the Gox world. I shudder to think how long it would take for their support to clear around 11,000 BTC worth of action?

Edit: Misread the data. Or did I?

The recent uptick in MTGOX price I presume is due to a slight panic from users wanting to get their BTC off the exchange by buying it back at likely a loss and withdrawing...and now....delay in BTC confirmation.

Not surprising. More to come I am sure as the year progresses.