Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
rpietila
on 09/02/2014, 22:30:05 UTC
I can fully understand the frustration of people who can't get to their money.

You were personally aware of my case. Is there something you would have done otherwise? How much do the Gox owe me now after one month of time wasted + $150k in costs? Apparently nothing, since you are so smart to be on the other side of the trade.

Quote
We all know that this technical glitch has all the signs of a technical glitch, and absolutely no signs of MtGox being out of BTC.

Which is pure and unadulterated hogwash. During my effort to get something out from the shithole, the situation got constantly more difficult, and the system started to work strangely. How do you explain for example this. data.

When trying to get out, I needed to buy bitcoins. There was 700 bitcoins offered until $982, which was a reasonable 0.6% slippage from the current price which was in the verge of a full-blown panic (23% over BS). At 9:57 I enter a market order to buy 700 bitcoins. The goxlag is about 2 minutes, after which I learn that I only get like 470 bitcoins. Where did the rest go? I made about 4% extra loss by purchasing them later when the price was higher. Needless to say, my turnover in exchanges in 2013 was in the $10,000,000s and I have executed quite a few market orders (almost 10,000 trades totally) and NEVER experienced such a trick.

Quote
In fact they filled up their hot wallet several times during last week, - - I took the opportunity to withdraw just after refill, and got myself a new round of profit by buying MtGox BTC at a discount with BTC I withdrew from MtGox.

Are you so distanced from reality that you don't even realize that using insider information (such as timing of refills in the instance when others cannot get their money out, and then selling the very coins withdrawn to the very customers who cannot withdraw due to their lack of said insider information) IS A CRIME.

Choose one: You get proprietary information from Mt.Gox technical workings, transfer to yourself the money that supposedly was there for everyone, and sell it for profit to the actual recipients. [] FRAUD [] NOT FRAUD.

Mt.Gox: You better destroy your archives quickly, for otherwise all your co-conspirators will get crushed when the LE is upon this. Fuck you.
NSA/FBI/KGB/CIA: If the said exchange is under your control and Mark is held hostage, fuck you.
Sturle: Fuck you.