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Title: MtGox euro withdrawal Post by: DAN444 on October 21, 2013, 09:19:49 PM Hi
I d like to know if euro withdrawals (to eurobanks) are possible without problems? How long does such a withdrawal take? Regards, Title: Re: MtGox euro withdrawal Post by: tom.hashemi on October 21, 2013, 09:27:07 PM A long time unfortunately. I would get your money out of Gox and into Bitstamp while the price difference is low (has been 6% or so today) - has been averaging about double that recently.
Title: Re: MtGox euro withdrawal Post by: scarsbergholden on October 21, 2013, 10:25:21 PM i am reading 2-6 weeks...... seems like that's what you get if you're lucky
Title: Re: MtGox euro withdrawal Post by: scarsbergholden on October 22, 2013, 06:17:09 AM You should stop using Mt. Gox. They're really fixed :) Title: Re: MtGox euro withdrawal Post by: joesmoe2012 on October 22, 2013, 06:44:17 AM I've been waiting since mid sept. We already have multiple other threads on this.
Title: Re: MtGox euro withdrawal Post by: Frizz23 on October 22, 2013, 12:05:32 PM I can understand that people transfer Bitcoins to MtGox - for arbitrage.
I don't understand why anyone would transfer EUR, USD, JPY to MtGox - because you can get Bitcoins 10-15% cheaper at any other exchange. Because of this, MtGox must run out of EUR, USD, JPY. Sooner or later. Hence the long withdrawal delays. Title: Re: MtGox euro withdrawal Post by: mp420 on October 22, 2013, 12:54:22 PM I don't understand why anyone would transfer EUR, USD, JPY to MtGox - because you can get Bitcoins 10-15% cheaper at any other exchange. I don't understand that either, but people still do that. Maybe the world is full of idiots who think bitcoin will be worth $10k or more in 5 years so paying a 10% premium is cheap. Title: Re: MtGox euro withdrawal Post by: DAN444 on October 22, 2013, 02:02:03 PM I can understand that people transfer Bitcoins to MtGox - for arbitrage. Thanks for the replyI don't understand why anyone would transfer EUR, USD, JPY to MtGox - because you can get Bitcoins 10-15% cheaper at any other exchange. Because of this, MtGox must run out of EUR, USD, JPY. Sooner or later. Hence the long withdrawal delays. How do I arbitrage if I cant get my euros out? Do you convert the fiat currency (if at all possible)to something else on Gox to get it out within a reasonable time frame? |