Post
Topic
Board Development & Technical Discussion
Re: MtGox blames Bitcoin protocol problem for BTC withdrawal issue
by
il--ya
on 11/02/2014, 13:59:54 UTC
I expect it to take a while for the reality to sink in and MK to swallow his pride and pay someone to fix/rewrite their custom client.

It's the same thing all over again as it was with the trading engine last year.

I believe the reason they are doing that is because they simply don't have enough coins, and they are trying to win time under a false pretext and force their users to sell bitcoins cheaply (to them). They can then sell those coins somewhere else, and buy more, until they become solvent. No matter how shitty their developers are, they should still be able to fix their bug in some shitty way, which would be enough to restart "normal" operation. Also they could provide manual withdrawal option at a premium - but they don't do that. They simply don't have enough coins.

i hope i am wrong.
but i begin to think that they lost so much btc to this issue that they need to buy coins.

seems so..