Bitcoin Forum

Economy => Service Discussion => Topic started by: samson on April 12, 2013, 09:53:11 AM



Title: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on April 12, 2013, 09:53:11 AM
I did a withdrawl for 100 BTC about 10 minutes ago.

I received the email confirming the withdrawal and got a transaction ID.

Apart from that nothing else happened and the transaction id doesn't exist in blockchain.info

Is anyone else experiencing delays on MtGox withdrawals ?

Normally they're pretty much instant


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on April 12, 2013, 10:23:54 AM
Are withdrawals disabled on MtGox ?


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on April 12, 2013, 11:16:05 AM
I've confirmed on IRC that people can't withdraw from MtGox and haven't been able to for hours now.

It looks like someone turned withdrawls off.

Now I have no BTC on my computer and it's not available in my MtGox account either.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: crazy_rabbit on April 12, 2013, 11:35:19 AM
Looks like it's not just withdrawls, but deposits too.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: eshroom on April 12, 2013, 11:37:49 AM
WTF? How can we get our coins out?


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: yokosan on April 12, 2013, 12:13:40 PM
Uh oh.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: crazy_rabbit on April 12, 2013, 12:18:12 PM
To be honest we just have to wait. Gox always takes time. The withdrawals and deposit issue is who-knows-what, but it will get resolved.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: BTCBUDDY1 on April 12, 2013, 12:20:05 PM
Fuck is this why?? withdraw didn't work for 5 hours.. coins are gone!

I need btc to complete a deal but gox is preventing that!

If anyone can help me please see my loan request.. i need coins before seller says I'm a scammer for not sending coins!


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: avegetable on April 12, 2013, 12:22:36 PM
Several people here saying it took 6 hours for their coins to be sent:

http://www.reddit.com/r/Bitcoin/comments/1c779q/withdrew_20_btc_from_mtgox_accounted_debited_but/


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on April 12, 2013, 12:41:40 PM
There's been some discussion on this in the #mtgox IRC channel.

Things are moving but there's a backlog.

Apparently you can get the data from this URL if it hasn't been sent within 2 hours : https://data.mtgox.com/api/0/bitcoin_tx.php

And then rebroadcast/push the transaction using this URL : http://blockchain.info/pushtx

Mine hasn't showed up in the API link yet so I can't test it.

Some users said it's working ok after a multiple hour delay.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on April 12, 2013, 01:29:27 PM
Mine came through in the end.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: dirksizzlebod on April 12, 2013, 02:01:07 PM
There's been some discussion on this in the #mtgox IRC channel.

Things are moving but there's a backlog.

Apparently you can get the data from this URL if it hasn't been sent within 2 hours : https://data.mtgox.com/api/0/bitcoin_tx.php

And then rebroadcast/push the transaction using this URL : http://blockchain.info/pushtx

Mine hasn't showed up in the API link yet so I can't test it.

Some users said it's working ok after a multiple hour delay.

You guys are so screwed.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: BTCBUDDY1 on April 12, 2013, 02:01:50 PM
Fuck is this why?? withdraw didn't work for 5 hours.. coins are gone!

I need btc to complete a deal but gox is preventing that!

If anyone can help me please see my loan request.. i need coins before seller says I'm a scammer for not sending coins!

This is not me. I have been hacked, any activity that has been logged in the past 8 hoursis a hacker. they asked multiple members for 10+ btc loans because funds were "tied up" in gox. I never have or will use gox.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: mc_lovin on April 12, 2013, 02:40:56 PM
This is insanity!  No reason for this!!!!


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: TimJBenham on April 12, 2013, 02:57:48 PM
To be honest we just have to wait. Gox always takes time. The withdrawals and deposit issue is who-knows-what, but it will get resolved.

My BTC deposit is still not in my account, despite 11 confirmations.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: OutCast3k on April 12, 2013, 03:29:20 PM
I have 28 confirms for a deposit at gox and nothing is showing in my account :(


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: skibum on April 12, 2013, 03:50:26 PM
The more these things happen and the longer it takes to confirm transactions the more it seems Bitcoin is just one generation in an evolutionary process and that the next generation will keep and improve what's good and address the not-so-good stuff.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: John (John K.) on April 12, 2013, 04:06:27 PM
The more these things happen and the longer it takes to confirm transactions the more it seems Bitcoin is just one generation in an evolutionary process and that the next generation will keep and improve what's good and address the not-so-good stuff.

Nah, blame Mt.Gox not Bitcoin for that..


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: TimJBenham on April 12, 2013, 04:14:07 PM
Nah, blame Mt.Gox not Bitcoin for that..

Yes, but to be fair they are doing a great job on the verifications. I have progressed over 500 places in the queue today alone.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: keatonatron on April 12, 2013, 05:09:43 PM
I made a btc withdrawal today. Took about 6 hours (as others said) but it came through. I'm sure there is a huge run on their btc stores right now, which takes a lot of time to process.

Just calm down and be patient.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: str4wm4n on April 12, 2013, 05:24:03 PM
Is it telling anyone else they need verification to withdraw BTC???


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: szita2000 on April 15, 2013, 07:41:55 AM
I have 28 confirms for a deposit at gox and nothing is showing in my account :(

Lat time I had to wait 29 confirmations for my coins to arrive at gox.
To be honest it made me paranoid as hell. But recently I was withdrawing Fiat from Gox, and today is the 11th day.
The status is still only confirmed.
Same as with everything around bitcoins. they need to sort their S**t out otherwise people will not invest in BTC.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on April 15, 2013, 07:48:01 AM
So it's easy to get money in there but harder to get it out.

This doesn't look good !


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: szita2000 on April 15, 2013, 11:35:52 AM
I think this will present a big problem to the BTC community.
because if common people, who wouldn't mind putting a bit of money in to BTC, just like an investment, will be put off by it, because BTC is not in the mainstream media, it is not a major share if you like.
If anyone gets to know it it will be through a friend.
And if the friend tells you to avoid the biggest exchange because it is hard to get your money back, people will avoid the whole thing like a plague !





Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: BitCoinNutJob on April 15, 2013, 12:44:04 PM

You guys need to relax, MTgox are having high demand issues, things are just taking a little longer.  I got my withdrawal after a few hours.

Its not often business grows 10 fold in a month anyone would struggle


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: wopwop on April 15, 2013, 12:56:12 PM
I tried to withdraw money but its been a week almost and still waiting...


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: szita2000 on April 15, 2013, 01:07:48 PM
I got my withdrawal after a few hours.

I will quote myself, because I think you haven't read it through. :)

recently I was withdrawing Fiat from Gox, and today is the 11th day.
The status is still only confirmed.

I am waiting on EUR.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: wopwop on April 15, 2013, 01:10:08 PM
I got my withdrawal after a few hours.

I will quote myself, because I think you haven't read it through. :)

recently I was withdrawing Fiat from Gox, and today is the 11th day.
The status is still only confirmed.

I am waiting on EUR.
yep same here waiting on euro

still 'confirmed'

I e-mailed them they said this:

"We are now 2 weeks behind on withdrawals. "

With no indication when they would get to it...

Hope they aren't running for  the exits with real money and leave people will useless bitcoins behind


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: BitCoinNutJob on April 15, 2013, 01:14:42 PM
it means normal withdraw time + 2 weeks


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: szita2000 on April 15, 2013, 02:29:13 PM
it means normal withdraw time + 2 weeks

F**king hell.... that's loooong time...

Damn you Gox! You ruined the buy one get one free offer @ the escort service... :)




Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on April 15, 2013, 03:21:25 PM
This is a big red flag.

Nothing will make MtGox fall fast and hard more than not having enough staff to process withdrawals and users having to wait weeks.

What are they thinking ? They need to hire dozens of admin staff immediately if there's a delay like this.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: szita2000 on April 15, 2013, 04:01:48 PM
You know what I was thinking Samson?

Imagine the money they have made. Surely a company turning over as many transactions as they do they should be minted from the fees.
They simply shouldn't sacrifice service for profit.

But yes. everything aboout BTC is a liability. I am not a big miner by any means, I made some cash and I am greatful for it so this is not a moan, but people will be turned off because things like this.

Also someone said further above that there is 2 weeks delay = normal transaction time + 2 weeks.
Except noone knows what is the "normal" transaction time, because noone ever had one !.

Well... This was my moan.




Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: morningtime on June 20, 2013, 08:22:10 AM
This is a big red flag.

Nothing will make MtGox fall fast and hard more than not having enough staff to process withdrawals and users having to wait weeks.

What are they thinking ? They need to hire dozens of admin staff immediately if there's a delay like this.

Actually, their Polish bank (for EUR) has a monthly withdrawal limit. So you wait for the next month if you're lucky, or the next month after that.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on June 20, 2013, 08:36:59 AM
So finally after one week an official announcement has been made by MtGox today :

All USD withdrawals have been suspended for 2 weeks :

https://mtgox.com/press_release_20130620.html



Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: bystander on June 20, 2013, 08:57:38 AM
So finally after one week an official announcement has been made by MtGox today :

All USD withdrawals have been suspended for 2 weeks :

https://mtgox.com/press_release_20130620.html



Thanks, I'm not surprised after all of their BS responses..  The temp hiatus will allow them to build back up some reserves through those deposits and they'll be sending out wires before too long. 

In the meantime, got to move funds out through other means.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: samson on June 20, 2013, 08:59:34 AM
So finally after one week an official announcement has been made by MtGox today :

All USD withdrawals have been suspended for 2 weeks :

https://mtgox.com/press_release_20130620.html



Thanks, I'm not surprised after all of their BS responses..  The temp hiatus will allow them to build back up some reserves through those deposits and they'll be sending out wires before too long. 

In the meantime, got to move funds out through other means.

They do international wires on BTCe. I'm not sure if they will send them to the US though.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: Herp on September 02, 2013, 03:01:18 PM
How long does it take now? I have a pending BTC withdrawal placed 50 min ago. Still nothing.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: CompNsci on September 02, 2013, 03:29:07 PM
How long does it take now? I have a pending BTC withdrawal placed 50 min ago. Still nothing.

See the final pages of this thread: https://bitcointalk.org/index.php?topic=179586.0

In brief, noone really knows.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: Herp on September 02, 2013, 07:35:54 PM
My withdrawal took place more than 4h ago and still nothing. I have also checked the fee box for faster delivery.

Last replies in that thread discuss USD/EURO withdrawals more than BTC.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: Herp on September 02, 2013, 08:32:19 PM
Here's their explanation:

Quote
"Looks like there is a technical issue and we have already escalated this to our developers and they are currently looking in to this and we are expecting to have this issue resolved soon and we will keep you updated once your withdrawal is processed form our end and we apologize for the inconvenience that this may have caused. "


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: Nagle on September 02, 2013, 11:47:48 PM
Here's their explanation:

Quote
"Looks like there is a technical issue and we have already escalated this to our developers and they are currently looking in to this and we are expecting to have this issue resolved soon and we will keep you updated once your withdrawal is processed form our end and we apologize for the inconvenience that this may have caused. "
And the cat ate my homework. Right.

A legit broker would follow that with "We have credited your account at ... bank with $$$ while we resolve our internal problems."

Somehow, all of Mt. Gox's "problems" result in them keeping your money.


Title: Re: MtGox withdrawal delay - processed but no BTC yet
Post by: Herp on September 03, 2013, 05:29:51 AM
Here's their explanation:

Quote
"Looks like there is a technical issue and we have already escalated this to our developers and they are currently looking in to this and we are expecting to have this issue resolved soon and we will keep you updated once your withdrawal is processed form our end and we apologize for the inconvenience that this may have caused. "
And the cat ate my homework. Right.

A legit broker would follow that with "We have credited your account at ... bank with $$$ while we resolve our internal problems."

Somehow, all of Mt. Gox's "problems" result in them keeping your money.

It got through eventually after few more hours.