All posts made by BCbitcoin in Bitcointalk.org's Wall Observer thread



1. Post 4747990 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_11.59h):

Quote from: fonzie on January 26, 2014, 10:37:53 AM
Newest updates about BTC withdrawl problems on Mt. Gox
https://bitcointalk.org/index.php?topic=429769.0

I think itīs only fair not to discriminate FIAT holders over there, now everyone has to wait(until the end of days Cheesy).


I have the same problem, now 48 hours.  I decided to investigate and pulled all the TXs from https://data.mtgox.com/api/0/bitcoin_tx.php - i found my receiving address in there.  I then transmitted all of the transactions to the network.. the outputs on mine and over 200 other ones have already been spent, and the network rejects them immediately.

Seems like a problem with double spending, which would imply a race condition within their code, so no kind of locking in place to prevent this happening.

MtGox - if this could be the case and you need advice on how to prevent it happening, please get in touch with me.  It doesn't matter which programming language you're using for this process I will be able to help you fix it if you need some help.


I don't think Gox are going to take you up on that offer for all kinds of reasons Wink

Old news. That problem has been there forever. There are multiple websites dedicated to showing these spent output problem transactions.



2. Post 4828745 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.01h):

Quote from: solex on January 29, 2014, 10:50:30 PM
Btw whatīs way scarier than the possible china ban is MTGox. It seems that their problems are gettin even worse.
A lot of the people havenīt heard from the support in the last 3/4 days.
Almost 30000BTC are stuck/lost in tx....

it seems to go up 10K every day
How can you view this?

http://skanner.net/MtGox/mtgox_tx.php

I don't think that summing the output transactions is a valid way to see stuck withdrawals. From my own experience a 5btc withdrawal shows up as a 34btc output. It's gox's system piggybacking it's own transfers on your tx fees. They number of stuck withdrawals is accurate but the amount of withdrawal btc stuck is much lower. A lot of that is just gox moving coins around.



3. Post 4869156 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.02h):

http://www.ibtimes.co.uk/raining-catcoins-dogecoins-opray-winfrey-reality-show-backs-animal-cryptocurrencies-1434629



4. Post 4885014 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.02h):

Good luck mining in N Korea

http://www.lindsayfincher.com/wordpress/wp-content/uploads/2009/10/north_korea_satellite_dark_2.jpg



5. Post 4966387 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.03h):

Quote from: virtualfaqs on February 06, 2014, 04:40:48 AM

I finally got my USD withdrawal and been arbitraging with everyone else.

You got usd out processed? or a credit to your gox account?



6. Post 5051671 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.05h):

Sounds like they had some coins stolen because their system doesn't inventory its bitcoins properly.



7. Post 5132649 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.08h):

Quote from: adamstgBit on February 14, 2014, 02:32:36 AM
Bitstamp 50% higher than Gox  Huh Shocked Roll Eyes



31%

Actually 45%



8. Post 5137510 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.09h):

So the market thinks 1/2 of gox's coins were stolen? Hard to believe.



9. Post 5170352 (copy this link) (by BCbitcoin) (scraped on 2020-04-04_Sat_12.10h):

Quote from: TERA on February 16, 2014, 02:36:31 AM
How to lose half a million dollars IOUs instantly.

FTFY.
It's a huge loss, however you cut it. Whenever it comes time for them to buy out, they will be able to obtain that many less bitcoins which will be worth that much less in fiat.

If his tactic is to wait for the news and market buy, he would have paid that premium anyway. Probably more if a good trader beat him to the punch, which is likely. He's the reason gox btc withdrawals will mean $900/goxcoin. He should learn from Willy.