"Cash can be deposited, but no cash withdrawals in USD will be allowed for two weeks." [youtube]http://www.youtube.com/watch?v=42b-LtyX_yY[/youtube] Is this a bullish factor for BTC or bearish for the long run?
Interesting. I know that bit coins are getting more popular, and even some investment banks are looking at them to try and trade. I don't have any myself, I have heard it is extremely volatile, but if timed correctly can make huge gains. Maybe this info about Mt Gox suspending withdrawals will have a negative effect on bit coins pushing the price down, so might be a good time to buy some and hope they go up.
Then pay for another exchange fee It wouldnt bother you guys anyway would it ? you withdraw in AUD dont you?
It's just MtGox being ineffective as usual. This is no surprise for those who've been around bitcoin for a while. Gox has failed to adequately scale at every opportunity, and they show poor financial/regulatory savvy. Other exchanges are growing rapidly relative to MtGox due to Gox's increasingly obvious incompetence. Hopefully this will just accelerate that trend further.