I have the same problem....I withdrew yesterday and it still hasnt arrived! nearly 24 hours now.....nothing. Not in the blockchain at all. 4.72BTC. This is ridiculous, Mtgox are so terrible..... support tickets go unanswered not even 'allocated' to a customer service rep yet.

Is this still happening in a timely manner for JPY customers? Is it done in 2 days as said above?

So.....the problem is that there are no ways to fund the exchanges on the mainland, what if you use a Hong Kong bank account or if BTCchina or OKcoin setup in HK? They can have an RMB denominated account which is available at most institutions and use that. Any problems here?

*Mainlanders sending RMB to HK
*Bank is located in HK
*Deposits/Withdrawals can be received and processed without being subject to the rules on the mainland.

Yep I'll donate to a Defence fund. DDOS, education campaign, whatever. We need to free the world from this government oppression.

Yeah it's fuked, I have a money hold because I deposited money.....I already provided ID in the past and now its a hold and I have to wait 5 days for some reason.

Statistically, many years young padawan

Lol, yep ok

Hi and welcome, you must be new here.

Mtgox is slow as shit, the reason the price is higher is the market are pricing in a risk factor for trading there see this 134page thread https://bitcointalk.org/index.php?topic=179586.0 where people are waiting 3+months with no end in sight for their money. Don't go to Gox.

Bitstamp is the best but they're currently getting smashed in volume and deposits are taking ages now too.

You people realise unless you send BTC from a client yourself, if you rely on a company or someone else to actually send the BTC you have to wait until they actually do it and the moment they do it will be on the blockchain. Clicking Withdraw with some website and your coins not arriving ontime is not a problem with bitcoin but a problem with the website or the company you are using.

Ok, so there is alot of hype surrounding the potential here, we all know about how bitcoin makes it cheaper to transact cross borders, especially for migrant workers sending small sums of money home, but I have a few questions.

Is this doable now and if so how?

So its easy to get the BTC to anywhere in the world, but for the person who is sending their $200 home to say, India (somewhere with low bitcoin penetration), how does the person in India cash out that $200 in the local currency? Would it be a matter of:

Two people, Person A is sending money to Person B.

1. Person A deposits cash at bank with reference code
2. That money is received, the bitcoin exchange buys an amount of BTC equal to that dollar value
3. BTC is sent to receiver in the destination country who then needs to find a buyer for that BTC to hand cash to the Person B

So it's step 3 where we have the problems now in an underdeveloped market (somewhere with low bitcoin penetration), BTC for remittance can't work there until there are buyers for that BTC. Is there any other way to do it? Maybe cash balances are held in both countries at specific banks, the dollars are sent and the BTC bought for a price 3% above market, then based on exchange rates the appropriate value is ready for collection by person B and the BTC is sold on the market thereby making the 3% premium above market as the commision.

But this can be done without bitcoin, so I guess it brings me back to my previous example....the only way to send remittance at the moment to markets not served by bitcoin and by using bitcoin as a money transmission mechanism we still need to involve traditional banks.

Thoughts?

Is this exchange a registered company somewhere? Many are registered in HK these days. Can you provide any info on this?

Why are people still using Gox and why are you waiting months to withdraw? Just cancel your wire, buy BTC then withdraw that, there is a higher likelihood you'll see that than your money anytime soon. Also Gox rate dropped below Bitstamp momentarily today so you could of bought on gox then sold on Bitstamp and not taken a bashing on the 10% difference between exchanges.....

Also do we have proof of a Japanese bank transfer taking place quickly? Rather than just some guy saying that it probably is happening because he heard it from somewhere.

Is the transaction in the blockchain yet? It might be gox being slow to actually send it....

Deposited $9.5k, got it credited in a day. That was good. bought BTC, tried to sell and now a 30 day money hold on my account. Have sent a ticket today asking why as the same thing happened last time and I sent them my docs and it got sorted, will update when (if) I hear back.

BTCe credited my account today with the wire I sent on Friday. Quite relieved, and also the fastest I've seen them do it.

Damn, wish I had read this thread before yesterday. I wired them $9500 yesterday....let's see how that turns out.

Bitstamp is based in Slovenia.

Stupid idea for anyone to start up in the USSA these days with the hostile government and excessive regulations, much better to setup somewhere like Hong Kong, Singapore etc. 

Nice to see some bitcoiners in NZ!

Awesome, what address can I donate to?

Some rich guy heard about a bitcoin, heard you could buy computers that make them and saw they were worth $200 per BTC. Then went and googled 'bitcoin mining hardware' and BFL was the first site that came up, looks legit. Hit order thinking he will make the money the bitcoinx profit calculator says he will.

Obviously has no idea what difficulty is, how it works or anything about BFL and what a joke of a company they are.