MtGox Sucks

MtGox Holding SEPA Payments

Published on Wednesday, 14 September 2011 13:22

As of now, it appears to be impossible to get your money out of MtGox. A way to get your money out is to buy Bitcoins, transfer them to another Bitcoin exchange like Tradehill or Bitcoin7, convert back to your currency and withdraw the money (Both TradeHill and Bitcoin7 are now discontinued).

Read more: MtGox Holding SEPA Payments

New MtGox Fishing Attempt

Published on Tuesday, 06 September 2011 20:23

The email goes like this and was sent to the leaked MtGox user database.

Dear Mt.Gox user,

Your account will be blocked for violating the rules of exchange. Details:https://www.mgtox.com/users/blocked

Thanks,
The Mt.Gox team

Mt. Gox Increase Trade Commissions

Published on Tuesday, 30 August 2011 11:39

The Mt. Gox trade commissions used to be 0.30% but we just noticed today that it has been increased to 0.55%. If you know the exact time of this commission change, please let us know.

Ongoing MtGox Phishing Attempts

Published on Tuesday, 30 August 2011 10:23

Mt Gox has been struggling with phishing attempts and has finally made a public statement regarding this problem.

Recently there has been a large increase in the number of "phishing" attacks that have been made against the users of Mt.Gox.

Phishing involves deceiving users through fake emails or websites into providing their user name and password to the phisher, who then uses this information to log into the account and withdraw as many funds as they are able into their own bank account

‹...›

Further down in the email, they link to the Mt.Gox Phishing Forum, but at the time of writing there's only one single post saying "2011/08/30 - "Blocked Account" - further adding to the confusion.

MtGox Server Problems

Published on Tuesday, 30 August 2011 10:15

I'm not sure what is causing this, but for the last months, the MtGox site has been showing up as:

This webpage is not available

The connection to mtgox.com was interrupted.

I assume there might be a problem with their htaccess configuration or the https certificate configuration. Anyways, it's not a serious problem since it usually works when reloading the site. This is the error message my browser reports:

Error 101 (net::ERR_CONNECTION_RESET): The connection was reset.

A Piece of Bitcoin/Internet History

Published on Saturday, 25 June 2011 21:16

During the last few days, MtGox have been restoring their system and had a long and painful process where users had to claim back their accounts. Later on, after even more delays, the trading was eventually started again. It was 5 days in which many people had no idea if they had lost their money or not, and nobody knew if the value of their currency would disappear as soon as the market would open again.

During this time, it was possible to post comments on MtGox' announcement page, and the nervous comments are now saved from the Google cache by MtGox Sucks. Anyone can read all comments that it was possible to recover below.

Read more: A Piece of Bitcoin/Internet History

Mt Gox Database Leaked, Users Spammed

Published on Monday, 20 June 2011 18:02

Unscrupulous spammer uses the leaked MtGox database, trying to recruit traders with his referral code to TradeHill. TradeHill takes a stance against this and closes spamming accounts.

Here is a copy of the email:

Dear Sir or Madam,


Some hours ago, Mt Gox was hacked. The hackers were able to copy the entire Mt Gox user database with user names, email addresses and encrypted passwords. This database is now publicly shared on the net.

Read more: Mt Gox Database Leaked, Users Spammed

Bitcoin Flash Crash With Video And The Birth Of MtGox Sucks

Published on Sunday, 19 June 2011 23:03

Mt. Gox was just hacked and we can see this with by the fact that the Bitcoin value has dropped to 0.01 - and then Mt. Gox was shut down and nobody can login. At the time of writing nobody know what will happen to their balances at Mt. Gox. Meanwhile this site is being set up in order to give people an opportunity to get information about Mt. Gox from an independent source.

Update: The BitcoinChannel at YouTube has been covering the Flash Crash live. Watch the video here:

Read more: Bitcoin Flash Crash With Video And The Birth Of MtGox Sucks