Mt. Gox Bitcoin Exchange Halts Withdrawls, Bitcoin Price Tumbles %33

Statement Regarding BTC Withdrawal Delays – UPDATE
Posted: Feb 07 14:34 JST

Dear MtGox Customers,

In our efforts to resolve the issue being encountered by various bitcoin withdrawals, it was determined that the increase in the flow of withdrawal requests has hindered our efforts on a technical level. To understand the issue thoroughly, the system needs to be in a static state.

In order for our team to resolve the withdrawal issue it is necessary for a temporarily pause on all withdrawal requests to obtain a clear technical view of the current processes.

We apologize for the sudden short notice. All bitcoin withdrawal requests will be on pause, and the withdrawals in the system will be returned to your MtGox wallet and can be reinitiated once the issue is resolved. The trading platform will perform as usual for the needs of our customers. 



Our team will resolve this problem as soon as possible and will provide an update on Monday, February 10, 2014 (JST).



We deeply apologize for the inconvenience caused, and thank you for your kind support and considerations. 


Sincerely,

The MtGox Team

bitcoin falls 33
-gman

Bitcoin Trading Crashes To $38 After .7 .8 Block Chain Fork Bug Announced

Bitcoin Trading Crashes To $38 After .7 .8 Block Chain Fork Bug Announced

Today Bitcoin BTC$ crashed to $38 from $48 following news that a block chain fork has occurred. According to realtime chat on the official Mt.Gox Chat Room, the bug occurred after the .8 Bitcoin software version was released. For more information stay tuned….

Read all about it here! https://bitcointalk.org/index.php?topic=152030.0

MtGox.com has issued a statement stating :
Bitcoin blockchain issue – bitcoin deposits temporarily suspended
https://support.mtgox.com/entries/21477395-Bitcoin-blockchain-issue-bitcoin-deposits-temporarily-suspended

Bitcoin falls to $38 after block chain fork bug announced

Bitcoin falls to $38 after block chain fork bug announced