Bitcoin Forum

Economy => Trading Discussion => Topic started by: jpm99 on June 08, 2011, 04:16:31 AM



Title: Money vanished from MtGox
Post by: jpm99 on June 08, 2011, 04:16:31 AM
A week ago my money reached Mt.Gox via Dwolla, I bought BTC, the trade showed up in the account history.  Tonight I go to look at my account and there is nothing there... 0 BTC, 0 $, and no account history.  WTF!!!  Anyone else having problems with the site?  I sent an email but based on the other threads I don't expect a response anytime soon.  Hopefully this is a temporary glitch that gets worked out. 

To others I would say BE CAUTIOUS. 



Title: Re: Money vanished from MtGox
Post by: AntiVigilante on June 08, 2011, 04:18:28 AM
A week ago my money reached Mt.Gox via Dwolla, I bought BTC, the trade showed up in the account history.  Tonight I go to look at my account and there is nothing there... 0 BTC, 0 $, and no account history.  WTF!!!  Anyone else having problems with the site?  I sent an email but based on the other threads I don't expect a response anytime soon.  Hopefully this is a temporary glitch that gets worked out. 

To others I would say BE CAUTIOUS. 



Talk to magicaltux on the IRC.


Title: Re: Money vanished from MtGox
Post by: error on June 08, 2011, 05:13:09 AM
Who did you send your BTC to?


Title: Re: Money vanished from MtGox
Post by: jpm99 on June 08, 2011, 12:01:00 PM
Who did you send your BTC to?

I didn't send it to anyone I left it at MtGox.  I also had some USD there which I hadn't touched.  Even if the money was sent somewhere from the account (assuming my account was hacked or something), the transactions should still show up in the history, but there is nothing there.  It is as if the account were new and had never been funded. 


Title: Re: Money vanished from MtGox
Post by: hamdi on June 09, 2011, 01:40:07 PM
hopefully just a database hiccup


Title: Re: Money vanished from MtGox
Post by: cablepair on June 09, 2011, 01:44:18 PM
something is wrong with mtgox.

So far I have only lost about $100 usd, but I wont trust sending any money in or out of there until they fix things

they issued a statement somewhere saying dwolla changed their api

but im kinda pissed - it has been at least 4 days since this has been broken

for the money they are making they should not have a downtime like this

and it is slowing down my operations

mtgox admins where are you? I have send numerous emails starting on 06/05 !


Title: Re: Money vanished from MtGox
Post by: jpm99 on June 09, 2011, 04:12:43 PM
I should mention that I heard back on my email, and they are working with me on it, but no resolution yet. They haven't skipped town or anything, but they are having some growing pains at the very least.



Title: Re: Money vanished from MtGox
Post by: mr-sk on June 09, 2011, 06:55:16 PM
I've seen a lot of issues with MtGox and overall their site seems pretty *sluggish*. I'm glad there are some alternatives know, "TradeHill" just opened and I'm going to start moving USD/BTC to that for trading.

Good luck, hope you resolve the issue.


Title: Re: Money vanished from MtGox
Post by: error on June 10, 2011, 12:34:24 AM
mtgox admins where are you? I have send numerous emails starting on 06/05 !

Everybody else sent "numerous" emails too, so that's why it's taking so long!

He gets hundreds of emails on a quiet day when nothing is wrong. Now it's probably thousands and that takes work. If you just send a whole bunch of the same email then it's going to take even longer.


Title: Re: Money vanished from MtGox
Post by: Veldy on June 10, 2011, 12:47:58 AM
A week ago my money reached Mt.Gox via Dwolla, I bought BTC, the trade showed up in the account history.  Tonight I go to look at my account and there is nothing there... 0 BTC, 0 $, and no account history.  WTF!!!  Anyone else having problems with the site?  I sent an email but based on the other threads I don't expect a response anytime soon.  Hopefully this is a temporary glitch that gets worked out. 

To others I would say BE CAUTIOUS. 

THAT scenario is not one that I have heard of.  Since you have only 3 posts, one must be careful about the story, but assuming it is true, you have a direct path to compensation.  Contact Dwolla and file a dispute.

http://www.dwolla.org/help/file-a-dispute/ (http://www.dwolla.org/help/file-a-dispute/)


Title: Re: Money vanished from MtGox
Post by: Veldy on June 10, 2011, 12:49:55 AM
A week ago my money reached Mt.Gox via Dwolla, I bought BTC, the trade showed up in the account history.  Tonight I go to look at my account and there is nothing there... 0 BTC, 0 $, and no account history.  WTF!!!  Anyone else having problems with the site?  I sent an email but based on the other threads I don't expect a response anytime soon.  Hopefully this is a temporary glitch that gets worked out. 

To others I would say BE CAUTIOUS. 



Talk to magicaltux on the IRC.

I haven't used IRC in a decade!  USENET yes, IRC no.  Well, I suppose I use IRC indirectly via the bitcoin client, but let's not count that. :)


Title: Re: Money vanished from MtGox
Post by: Veldy on June 10, 2011, 12:53:59 AM
hopefully just a database hiccup

God, hopefully not!  You lose your database data and game over.  With the number of trades that they do, they have to mirror their database server [cluster it] and put measures in place so that data cannot be lost short of building incineration [ok, I exaggerate on the mechanism of acceptable failure  :P].


Title: Re: Money vanished from MtGox
Post by: Veldy on June 10, 2011, 01:00:42 AM
something is wrong with mtgox.

So far I have only lost about $100 usd, but I wont trust sending any money in or out of there until they fix things

they issued a statement somewhere saying dwolla changed their api

but im kinda pissed - it has been at least 4 days since this has been broken

for the money they are making they should not have a downtime like this

and it is slowing down my operations

mtgox admins where are you? I have send numerous emails starting on 06/05 !

I agree, except that downtime is one thing, but not communicating anything publicly on their site about it until asked to [or they figured it out on their own?] is the real "I am pissed" amplifier.  Further, the volume data for the exchange is public and pretty much gives an inverted middle finger to you about the truth that there was a huge problem on June 5th [and now later?] and they wrote, broadcast emailed, said nothing about it, but at least, did not deny it that I am aware of.  But you are correct; to lose the ability to get your funds available is a bit of a deal breaker.  With the price fluctuations lately, some people planning on speculative investment [not me, I was withdrawing funds] would have lost big thanks to Mt. Gox.


Title: Re: Money vanished from MtGox
Post by: MemoryDealers on June 10, 2011, 08:45:36 AM
MTGox just rented office space in one of the nicest office buildings in all of Tokyo.
I am sure they intend to be in business for the long haul.



Title: Re: Money vanished from MtGox
Post by: Veldy on June 10, 2011, 01:49:48 PM
MTGox just rented office space in one of the nicest office buildings in all of Tokyo.
I am sure they intend to be in business for the long haul.

Well, they might be breaking that lease.


Title: Re: Money vanished from MtGox
Post by: bitcoinBull on June 11, 2011, 05:54:56 PM
MTGox just rented office space in one of the nicest office buildings in all of Tokyo.
I am sure they intend to be in business for the long haul.

Well, they might be breaking that lease.

Even if the site is broken, they are still scraping 1.3% off every trade.  When daily volumes are 2 million USD... well let's just say they can afford the lease.

Not to say that MagicalTux won't regret placing high priority on moving into a luxurious office, while letting his customers do the load testing.

Now that BTC has stopped going up for a minute, maybe more wise entrepreneurs will realize that investing in competing exchanges could be more profitable than buying BTC on mtgox (when they aren't experiencing technical difficulties).


Title: Re: Money vanished from MtGox
Post by: MagicalTux on June 12, 2011, 05:30:48 AM
A week ago my money reached Mt.Gox via Dwolla, I bought BTC, the trade showed up in the account history.  Tonight I go to look at my account and there is nothing there... 0 BTC, 0 $, and no account history.  WTF!!!  Anyone else having problems with the site?  I sent an email but based on the other threads I don't expect a response anytime soon.  Hopefully this is a temporary glitch that gets worked out. 

To others I would say BE CAUTIOUS. 

Could you tell me your support ticket number so I can look into this?

mtgox admins where are you? I have send numerous emails starting on 06/05 !

Could you tell me your support ticket number so I can look into this?

Please make sure to include your withdraw reference in those cases.


Title: Re: Money vanished from MtGox
Post by: carbonc on June 12, 2011, 09:26:16 PM
@MagicalTux

Just a quick question (or two).
About how log does it take to transfer USD from MtGox to Dwolla ?

I made a transaction over 4 hours ago and i see nothing on Dwolla...

I made a transaction last week and it was just a few minutes before seeing it on Dwolla...
has something changed in the code from this aspect?


Title: Re: Money vanished from MtGox
Post by: carbonc on June 12, 2011, 09:29:57 PM
@MagicalTux

It might be good to specify average times of transfers between your site and the different vendors.


Title: Re: Money vanished from MtGox
Post by: w0mbat on June 12, 2011, 10:12:18 PM
@MagicalTux: a twitter account, posting status updates if mtgox is down again, would be nice.


Title: Re: Money vanished from MtGox
Post by: carbonc on June 12, 2011, 10:29:13 PM
I just received transaction from mtGox.   ~5 hours


Title: Re: Money vanished from MtGox
Post by: oVPN on June 14, 2011, 10:35:08 PM
i requested a withrawl to EU bank from my mtgox-balance on 26.05.2011 with id d5a99fd8-1826-4464-9ba0-1d4f7b4c4256 but until now noting arrived here. i sent 3 emails to mtgox, sent a PM to magicaltux today and opened a support-ticket (id 871), but there is still no reply.
i would like to know whats up with that? 3 weeks gone without any notification. maybe this posts helps, i have no more ideas...



Title: Re: Money vanished from MtGox
Post by: oVPN on June 15, 2011, 01:01:32 PM
i would like to know where is my money?!


Title: Re: Money vanished from MtGox
Post by: oVPN on July 01, 2011, 08:29:52 PM
and i still GOT NOTHING! SCAMMED? RIPPED? 1000 DOLLAR LOST !! NO INFORMATION FROM MTGOX SINCE WEEKS!


Title: Re: Money vanished from MtGox
Post by: Seraphim401 on July 02, 2011, 01:57:45 AM
and i still GOT NOTHING! SCAMMED? RIPPED? 1000 DOLLAR LOST !! NO INFORMATION FROM MTGOX SINCE WEEKS!
- June 21, 2011 -

We have been receiving reports of severely delayed withdraws to countries in the SEPA region. It appears that the volumes of transactions being handled by our bank in France is exceeding our daily limits, which seems to be holding things up. We are working to get these limits raised both for our daily/weekly/monthly volumes. We apologize for any delays in processing.

The above is posted on their support site.
I withdrew money to the sepa-zone on 26-06-2011 and still nothing.
Hoping to get the funds on monday. :(