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Everything about this posts screams that it was posted by someone from mtgox, possibly the ceo himself.
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I had a withdrawal on 1/5 processed on 1/15, and one on 1/9 processed on 1/23. The amounts were pretty small for each withdrawal though. What is the largest withdrawal someone has made through mtgox? I am a little worried whether it is safe to push larger amounts through if the delay is going to take this long.
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If you are a Japanese resident, can you get withdrawals from Mt.Gox in USD? Or only in JPY? Does anyone know?
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Thanks jerrybusey that makes sense. I'm just curious what happened and why there is no longer a big price premium on selling on an illiquid exchange. I'd imagine if mtgox was doing it, they would also have to factor in that there would be less motivation for ppl to sell their bitcoins there if they are no longer going to get a premium to compensate for the additional risk of default and illiquidity.
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Cassimares, is that a guess or do you have some data that someone in japan is doing it? e.g., volume there has gone up dramatically. If you have a Japanese bank account, can you withdraw USD as well? Or only JPY?
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Mt. Gox prices used to be 10-15% higher to compensate for the risk that you wouldn't get your money out, and for the time it would take to get your USD out. Since withdrawals are taking as long as ever, I am wondering why this risk and time premium is no longer being paid.
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Mt. Gox withdrawals seem to be taking as long as ever. Why are prices there no longer 10-15% higher than the rest of the exchanges (bitstamp, btc-e, etc.)?
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