Thank you for this hint, did not know about it yet. Speed of transaction is not my major interest, but perhaps it's a trustful alternative nevertheless. |
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Just a FYI: SEPA transfers should only take 24hrs at max. to be completed.
Any bank that fails to do so is breaking regulations and faces some hefty fines if customers complaint.
You guys can blame this one on MtGox alone.
You are right, but do not mix up different problems here. We are waiting on a solution of the identifier mess, and some information of Mt.Gox. |
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I provided with everything they asked me to, that is the bank, the account name, the date sent, the destination BIC+IBAN, the amount, the label, and even the transaction id as shown on my bank statement. They haven't asked from my IBAN and BIC.
What is troubling is that they haven't told me once that they didn't receive the money, only that they're "investigating". Although I use bitcoins in small amounts almost since day one, this was the first time I sent money to an exchange (two of them actually, and the other exchange received the money the day after and credited my BTC balance), and I never imagined it would be such a hassle when it was sold as a pretty simple and fast operation.
We are all waiting on it. I'm sure Mt.Gox is aware of it, they answered in this thread already. They shall take their time to make not even more hassle. But a little bit more communication from them would be appropriate. |
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The identifier was in fact, the reason the MtGox help desk person gave as well in my case. They have come back to me within only 4 hours after sending my ticket. The money has now been credited to my account; the only problem: 80 EUR! have been taken off the amount initially sent from my bank to their UK account. I sent: 1820 EURUK bank converted to GBP @ unknown exchange rate Then MtGox converted GBP to USD @ unknown rate Then they credited: $2,161.45which is converted back to EUR at European Central Bank's current rate (EUR/USD= 1.2426): 1,739.457589 EURfor rates see here: http://www.ecb.int/stats/exchange/eurofxref/html/index.en.htmlMy bank furthermore assured me, that the 1820 EUR sent are the final amount reaching the destination account (MtGox's UK account). The difference above amounts to a 4.425% fee of the initial amount. If thats the going rate, I will not do this again. I replied to the help desk response and asked for some clarification on the resulting fees, as they are not disclosed on their website: https://support.mtgox.com/entries/20490576-withdrawals-and-depositsIt only states: Please note that if you do not send GBP to this account, it will be converted to GBP and some (small) fees will apply. I'm very careful about exchange rates. They differs between 0,25% (my bank account account at Deutsche Kreditbank, from EUR to USD) up to 3%. Create an EUR account, make your first trade with this fresh money in this currency. |
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As I understood Ponzi is a very instable system coming to an end rather soon, like fiat money but much faster. As all of us knows, money relocates from loosers to winners. And the first ones will win, the last ones will loose.
I'm somewhat stupid in mathematics, and cannot prove it a ponzi. But what about 3300% increase a year? Can somebody explain me?
Bangsters are better guys, I think. I not even want me seen on his customer's/lender's list.
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So, the identifier mess is the reason for this.
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Missing SEPA transfer becomes frequent this time, see https://bitcointalk.org/index.php?topic=91711.0It's your turn, Mt.Gox. I did a successful transfer at the beginning of June. The only thing, that changed, was the identifier, starting now with "M29" instead of "MTG". Is there a relation between? |
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Missing SEPA transfer becomes frequent this time, see https://bitcointalk.org/index.php?topic=91526.0;topicseenIt's your turn, Mt.Gox. I did a successful transfer at the beginning of June. The only thing, that changed, was the identifier, starting now with "M29" instead of "MTG". Is there a relation between? |
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Same for me. Waiting on money transfered by SEPA at 26. of June. I made at least one another successful transfer from same banking account before, and it takes 3-4 workdays normally. I do not really worry at this time, but it could happen more rapid, one workday they tell you in their FAQ. Have created a ticket yesterday.
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Have red the article about "Ponzi Scheme" in the Bitcoin Magazine. Wonder if there are enough stupids to have a large effect on Bitcoins. I believe in Bitcoins, but that makes me pondering silence. 3400% a year? Thought we are against Wall Street and money printing! Or is this a big lie alltogether?
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...
I love markets, and they will previal.
I love fair markets, and they will NOT previal. |
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I think there can be manipulation. The big walls manipulate psychology of others for their own profit.
In the last minutes there showed up the bid wall of 50000 BTC at USD at 6.20, the last price is 6.50 at this time. This, I think, is sort of a manipulation. You should not think that he really wants to buy. It's like Spekulatius presented.
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I'm aware of trading in EUR is mostly significantly higher than in USD. It seems to me that Europeans try do diversify their assets this pushing the price.
So in my opinion big selling walls will not stay for long. And if the Europeans will have solved their problems in some way, the ones of America will reoccur again.
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but not so fast the only trade in 7 hours is only 0.2 BTC  This looks more like a performance problem, than a crash. So more probably a technical reason. |
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excuse me, I was wrong, the new orders are all in pending state yet.
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I have entered a valid buy order, seem's to be up again :-)
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It's quite likely that there is nothing to worry about. We'll just have to wait a bit to find out what's going on. People seem to be paranoid about Gox these days for absolutely no reason. They've had some issues with Dwolla which have more to do with Dwolla than Gox, and suddenly people are all "it's going to fold any day". Give me a break for Satoshi's sake.
Hope this has nothing to do with Dwolla, then I would worry ... |
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The symptoms are others than one week before: Order list is seen now, orders can be cancelled, but new orders are kept in a "pending" state.
So I think, for some reason new orders cannot be placed, but existing ones are cancelled, so the gap between bid and ask grows.
Suppose it's only a technical issue. Waiting on Mt.Gox to wake up.
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I've tried Armory, and it works fine. But there is too much overhead for me, I need the simplest possible way, that my girlfriend or related can recover BTC without hassle. So I stay with several bitcoin-qt clients and several block chains. Thank you.
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Really don't like that:
ONE break in or rogue programmer at the dev team HQ and all trust in bitcoin is destroyed + we loose millions.
Thanks, but no thanks.
Yes, minor bugs only with affirmation, major version not. Or yet better: A hint in the footer, the update as a button in the menu bar. |
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