Silk Road forums
Discussion => Security => Topic started by: PurpleBalloons54 on May 30, 2013, 09:45 pm
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"Attention Users: From May 30th 2013 all withdrawals and deposits in fiat currency will require account verification. However withdrawals and deposits in Bitcoin (BTC) do not require verification."
This comes in response to the recent Liberty Reserve and DWOLLA crackdown. Mt Gox users will now need to send a state-backed picture ID, and proof of current residence in order to deposit cash into their MT Gox account, deterring new users from using MT Gox as an intermediary for buying BTC, and many current users from using MT Gox as a way to cash out on BTC earnings.
-PB
P.S.- Repeat post b/c I posted in Newbie Discussion before I hit my 50 posts.
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What are the odds that MtGox will be shut down in the next year like LR?
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I think very low because they're "toeing the line", but in doing so they're making it much more difficult to use their exchange while retaining anonymity.
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Mt Gox about 1 year ago pressured me for ID verification - I find out this recently they
ve screwed one on the larger sellers
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This may be slightly off topic but is it possible at all to use mtgox anonymously (and by that I mean with tor or something similar)? I don't mean banking or anything of that sort of course but I do mean in terms of withdrawing btc (not fiat currency).
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Nope account gets frozen if you log in with Tor.
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Bon voyage, Mt. Gox.
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What are the odds that MtGox will be shut down in the next year like LR?
Fairly good odds I'd say. Mark Karpeles is looking at time in a US federal prison.
The US subsidiary Mutum Sigilum LLC is going to be prosecuted for operating an unlicensed MSB.
Mt. Gox (Tibanne) MAY survive under completely new management. If I had to bet though I'd say they end up selling off all trading operations to a competitor and shutting the door.
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I don't see a crash happening. Bitcoin is pretty resilient at this point. Even lag and mt gox being offline doesn't really cause the value to fluctuate anymore.