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Title: Mt Gox is a BLACK HOLE Post by: dfraser on January 29, 2014, 12:23:33 PM Mt Gox is no longer honoring the withdrawal of Bitcoins either. I decided to get out of Mt Gox, converted my fiat to BTC (at a loss) and requested a withdrawal. I expected it to take under an hour - the whole thing ought to be automated right?
Nope It has been 2 days now and zero indication of any activity. But Mt Gox certainly took their .01 withdrawal fee. MT GOX IS A COMPLETELY SHADY and INCOMPETENT EXCUSE FOR A BUSINESS. I'm in IT and there is no reason such an operation should be screwed up - I can understand issues with dealing with fiat, but not something handled predominantly through software. I apparently never even owned my bitcoins or even fiat, I suppose - you put money into Mt Gox, you are GIVING it to them! Bitstamp on the other hand has been superb. Why Did I even fund my Mt Gox account? The price difference was too much and I thought I'd try it out. I thought if I moved only BTC in and out, it'd be ok. It wasn't much, so I'm only pissed as opposed to suicidal. Apparently Mt Gox has run the long con game and now they are wrapping it up Class action suit, anyone? Title: Re: Mt Gox is a BLACK HOLE Post by: Cummins59 on January 30, 2014, 07:23:49 PM Mt Gox is no longer honoring the withdrawal of Bitcoins either. I decided to get out of Mt Gox, converted my fiat to BTC (at a loss) and requested a withdrawal. I expected it to take under an hour - the whole thing ought to be automated right? Nope It has been 2 days now and zero indication of any activity. But Mt Gox certainly took their .01 withdrawal fee. MT GOX IS A COMPLETELY SHADY and INCOMPETENT EXCUSE FOR A BUSINESS. I'm in IT and there is no reason such an operation should be screwed up - I can understand issues with dealing with fiat, but not something handled predominantly through software. I apparently never even owned my bitcoins or even fiat, I suppose - you put money into Mt Gox, you are GIVING it to them! Bitstamp on the other hand has been superb. Why Did I even fund my Mt Gox account? The price difference was too much and I thought I'd try it out. I thought if I moved only BTC in and out, it'd be ok. It wasn't much, so I'm only pissed as opposed to suicidal. Apparently Mt Gox has run the long con game and now they are wrapping it up Class action suit, anyone? I initially had problems as they were overwhelmed with sign-ups. My approval took 1.5 months but I have been trading in and out with no problem... It sounds to me that your "Bitstamp on the other hand has been superb." comment indicates some BS on your part. Nothing like hyping up a competitor when you have a complaint. Title: Re: Mt Gox is a BLACK HOLE Post by: Atruk on January 31, 2014, 06:33:40 AM Mt Gox is no longer honoring the withdrawal of Bitcoins either. I decided to get out of Mt Gox, converted my fiat to BTC (at a loss) and requested a withdrawal. I expected it to take under an hour - the whole thing ought to be automated right? Nope It has been 2 days now and zero indication of any activity. But Mt Gox certainly took their .01 withdrawal fee. MT GOX IS A COMPLETELY SHADY and INCOMPETENT EXCUSE FOR A BUSINESS. I'm in IT and there is no reason such an operation should be screwed up - I can understand issues with dealing with fiat, but not something handled predominantly through software. I apparently never even owned my bitcoins or even fiat, I suppose - you put money into Mt Gox, you are GIVING it to them! Bitstamp on the other hand has been superb. Why Did I even fund my Mt Gox account? The price difference was too much and I thought I'd try it out. I thought if I moved only BTC in and out, it'd be ok. It wasn't much, so I'm only pissed as opposed to suicidal. Apparently Mt Gox has run the long con game and now they are wrapping it up Class action suit, anyone? I initially had problems as they were overwhelmed with sign-ups. My approval took 1.5 months but I have been trading in and out with no problem... It sounds to me that your "Bitstamp on the other hand has been superb." comment indicates some BS on your part. Nothing like hyping up a competitor when you have a complaint. More than a year they have been overwhelmed. Scam! |