Search content
Sort by
Showing 11 of 11 results by EuroBit
Yea, you are probably right about that. I simply copied a previous Yubikey auction here, to be honest.
So I think 50% of new-price (29.99 USD) in BTC is probably a fair starting bid. What do you think?
Yes - according to Mt.Gox they only work with Mt.Gox - they also offer "unbranded ones", but I don't know if there is a way around then or how they are technically locked to Mt.Gox.
So I think 50% of new-price (29.99 USD) in BTC is probably a fair starting bid. What do you think?
Yes - according to Mt.Gox they only work with Mt.Gox - they also offer "unbranded ones", but I don't know if there is a way around then or how they are technically locked to Mt.Gox.
You are bidding on: a MtGox coupon for ordering a free Yubikey directly from mtgox.com (otherwise sold $29.99 by them).
Bidding starts at: 0.1 BTC
Bidding stops: when reaching 1.00 BTC, or when I feel the highest bid is high enough.
The coupon is valid for one month starting today (I just got it from Mt.Gox today).
Happy bidding!
Bidding starts at: 0.1 BTC
Bidding stops: when reaching 1.00 BTC, or when I feel the highest bid is high enough.
The coupon is valid for one month starting today (I just got it from Mt.Gox today).
Happy bidding!
Re: Mt.Gox is also not processing EUR SEPA wires - probably they are bankrupt
So since I jumped the gun here, I also want to update with the news from today:
My cash arrived. I am not saying Mt.Gox is stable for eternity, but the news that they are trying to throw themselves into the regulation at least gives hints at that they are pushing hard to be a stable and trustworthy business.
My cash arrived. I am not saying Mt.Gox is stable for eternity, but the news that they are trying to throw themselves into the regulation at least gives hints at that they are pushing hard to be a stable and trustworthy business.
Thats fine, but please add since when you are approx. waiting.
I don't want specific amounts, but since they are blaming it on withdrawal limits of their polish bank it could be interesting to look at "are smaller withdrawals processed quicker" or if not: it would just be another excuse.
I don't want specific amounts, but since they are blaming it on withdrawal limits of their polish bank it could be interesting to look at "are smaller withdrawals processed quicker" or if not: it would just be another excuse.
Just to make people aware of this fact.
I am waiting since weeks for SEPA wires (total a few thousand EUR). Before that my wires always arrived after a couple of days, but since around the time they announced that they would halt USD wires, EUR wires don't seem to be processed either.
I think that MtGox is in serious financial troubles and may even be bankrupt.
Some more background on why I think that: https://bitcointalk.org/index.php?topic=244825.0
This thread is not really meant for discussion, just to get people informed and get a snapshot of affected people.
So if you are also waiting for SEPA wires (NOT USD WIRES!!!) please post in here: rough amount, roughly since when you are waiting and any other insight you might have (I can for sure say, that their support is just flat out lying. first they told me it was already send and my bank was at fault - even I always received everything before - later they admitted, that it hadn't even been sent on their side and that they were even unable to provide a rough estimate on when it *might* be sent).
Please keep the thread clean and only post if you are affected (or have really valuable insight on this topic) so that we're getting a good overview about the situation concerning EUR (again, not about their USD scam excuse "yea, right - we broke an international bank with the pennies we are wiring around, because international companies that also work with this bank don't send money"... BS!).
I am waiting since weeks for SEPA wires (total a few thousand EUR). Before that my wires always arrived after a couple of days, but since around the time they announced that they would halt USD wires, EUR wires don't seem to be processed either.
I think that MtGox is in serious financial troubles and may even be bankrupt.
Some more background on why I think that: https://bitcointalk.org/index.php?topic=244825.0
This thread is not really meant for discussion, just to get people informed and get a snapshot of affected people.
So if you are also waiting for SEPA wires (NOT USD WIRES!!!) please post in here: rough amount, roughly since when you are waiting and any other insight you might have (I can for sure say, that their support is just flat out lying. first they told me it was already send and my bank was at fault - even I always received everything before - later they admitted, that it hadn't even been sent on their side and that they were even unable to provide a rough estimate on when it *might* be sent).
Please keep the thread clean and only post if you are affected (or have really valuable insight on this topic) so that we're getting a good overview about the situation concerning EUR (again, not about their USD scam excuse "yea, right - we broke an international bank with the pennies we are wiring around, because international companies that also work with this bank don't send money"... BS!).
Re: Mt.Gox is also not processing EUR SEPA wires - probably they are bankrupt
Your bitcoins in other wallets will also be de-valued if Mt.Gox blows up.
It will make people question other exchanges stability as well unfortunately.
And honestly: I like BitStamp, but what makes you think that they can't go bust. Even banks (and they have some regulation and minimum capital requirements) blow up.
Like it was said: The only real solution is p2p. Exchanges will always blow up, cut down by regulators etc.
Right now there are two stable exchanges left, BitStamp and Coinbase. For CoinBase you at least know the team and that they got a truckload of venture capital money.... for BitStamp: unknowns in Slovenia, now 1 british pound limited company.
No faces on their website. No disclosure of earnings and reserves etc.
If someone wants to build a trustworthy and stable non p2p exchange, he has to disclose all that stuff: persons, financials, location, etc.
Nobody in the BTC community is working on building trust right now, which is a bad signal for new people in terms of adoption (i never posted here, but i am a bitcoin adopter since the very beginning).
It will make people question other exchanges stability as well unfortunately.
And honestly: I like BitStamp, but what makes you think that they can't go bust. Even banks (and they have some regulation and minimum capital requirements) blow up.
Like it was said: The only real solution is p2p. Exchanges will always blow up, cut down by regulators etc.
Right now there are two stable exchanges left, BitStamp and Coinbase. For CoinBase you at least know the team and that they got a truckload of venture capital money.... for BitStamp: unknowns in Slovenia, now 1 british pound limited company.
No faces on their website. No disclosure of earnings and reserves etc.
If someone wants to build a trustworthy and stable non p2p exchange, he has to disclose all that stuff: persons, financials, location, etc.
Nobody in the BTC community is working on building trust right now, which is a bad signal for new people in terms of adoption (i never posted here, but i am a bitcoin adopter since the very beginning).
Re: Mt.Gox is also not processing EUR SEPA wires - probably they are bankrupt
It's definitely weird that the parent company in Japan has only
about 25k EUR share capital. The company in poland has even less (about 1k EUR). Thats a joke for a financial operation of some scale.
I think they are not trustworthy. They got a major blow from a few account seizures and they are really low on cash.
Right now they just can't give everyone at once all the money that everybody requested. So -legally/technically- they are bankrupt.
It's a carrousel scam. They are using funds from new users to pay old ones and at some point this model will -like all carrousel scams- no longer sustain, so the whole operation folds/pops.
As someone who still needs to get a couple of thousands of euros out of that carrousel I have an incentive to tell everybody "Mt. Gox is safe, they are awesome", because if others believe i might be happy to get my cash out.
However - thats not how I roll. I've seen these things in trading companies too often to not smell when something is rotten and (thats just my opinion) Mt. Gox is about to pop. They might be able to drag it out a bit and calm things down for a little longer, but they are definitely already death-struck (in my opinion).
I am happy to be convinced otherwise by their actions, but it's definitely not what I am expecting. Also their customer service (what you filed under incompetency) is setup to calm things down and just randomly delay people getting upset and taking action, but they don't know whats going on either and just tell you one day "it was sent, check your account" and another day "oh, we have a delay, we don't know how long it may take" (day, weeks, months, years, centuries - who knows).
about 25k EUR share capital. The company in poland has even less (about 1k EUR). Thats a joke for a financial operation of some scale.
I think they are not trustworthy. They got a major blow from a few account seizures and they are really low on cash.
Right now they just can't give everyone at once all the money that everybody requested. So -legally/technically- they are bankrupt.
It's a carrousel scam. They are using funds from new users to pay old ones and at some point this model will -like all carrousel scams- no longer sustain, so the whole operation folds/pops.
As someone who still needs to get a couple of thousands of euros out of that carrousel I have an incentive to tell everybody "Mt. Gox is safe, they are awesome", because if others believe i might be happy to get my cash out.
However - thats not how I roll. I've seen these things in trading companies too often to not smell when something is rotten and (thats just my opinion) Mt. Gox is about to pop. They might be able to drag it out a bit and calm things down for a little longer, but they are definitely already death-struck (in my opinion).
I am happy to be convinced otherwise by their actions, but it's definitely not what I am expecting. Also their customer service (what you filed under incompetency) is setup to calm things down and just randomly delay people getting upset and taking action, but they don't know whats going on either and just tell you one day "it was sent, check your account" and another day "oh, we have a delay, we don't know how long it may take" (day, weeks, months, years, centuries - who knows).
Re: Mt.Gox is also not processing EUR SEPA wires - probably they are bankrupt
I would have done that, unfortunately I sold BTC for EUR long before these announcements had been made.
Since these wires are now stuck at Mt. Gox there is no chance for me to just send the BTCs out to a credible exchange.
I mainly want to warn people. If you still have cash available or BTC at Gox, take the loss and send it out as quickly as possible.
I think Mt. Gox operates as a pyramid scheme and they are simply out of cash. Maybe they are even artificially keeping the exchange rates high.
All these companies of theirs have a very minimal stock capital, so no wonders they are using their customers bank:
http://imfed.org/ratings/mt-gox-tibanne-co-ltd/
Since these wires are now stuck at Mt. Gox there is no chance for me to just send the BTCs out to a credible exchange.
I mainly want to warn people. If you still have cash available or BTC at Gox, take the loss and send it out as quickly as possible.
I think Mt. Gox operates as a pyramid scheme and they are simply out of cash. Maybe they are even artificially keeping the exchange rates high.
All these companies of theirs have a very minimal stock capital, so no wonders they are using their customers bank:
http://imfed.org/ratings/mt-gox-tibanne-co-ltd/
Mt.Gox is also not processing EUR SEPA wires - probably they are bankrupt
Mt. Gox is currently sitting on a couple of thousands of EURs of me.
The SEPA wires were all started a few weeks ago. All of them are still just in "confirmed" and not in "processed" status.
Their support tells me one day, that actually the money had already been sent, another day that it has in fact not been sent yet. They cannot give ANY estimation on when it will happen.
So here is what I think:
They are bankrupt. If you still have money in Mt.Gox consider writing it off as a loss and be happy that you learned to not trust invisible businesses that have no faces on their website and are in shady jurisdictions.
Sorry to post this here - as a Newbie I unfortunately can't post elsewhere. Just registered to share my 2 cents and let everyone know that the USD withdrawal halt is probably a cover up and hides the fact that they in fact also stopped SEPA wires with EUR currencies.
The SEPA wires were all started a few weeks ago. All of them are still just in "confirmed" and not in "processed" status.
Their support tells me one day, that actually the money had already been sent, another day that it has in fact not been sent yet. They cannot give ANY estimation on when it will happen.
So here is what I think:
They are bankrupt. If you still have money in Mt.Gox consider writing it off as a loss and be happy that you learned to not trust invisible businesses that have no faces on their website and are in shady jurisdictions.
Sorry to post this here - as a Newbie I unfortunately can't post elsewhere. Just registered to share my 2 cents and let everyone know that the USD withdrawal halt is probably a cover up and hides the fact that they in fact also stopped SEPA wires with EUR currencies.