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First I must state that I do not recommend using Microsoft Windows any version, especially an installation that is used regularly to access the Internet, read email etc, for anything related to Bitcoin or other crypto currencies. While it is possible to properly secure a Microsoft Windows installation, I find the risk of loosing one's coins to malware simply very high. I would recommend using GNU/Linux instead.
I did manage to reproduce the OP's problem on Windows XP SP 3 with all the latest patches running IE 8 (The latest version available on Windows XP). The installation of Windows XP was running in a Virtualbox virtual machine on Ubuntu GNU / Linux. The bottom line here is that IE 8 is not compatible with BTC-E. I should point out the IE especially the older versions is not compatible with many websites since it does not follow many web standards. The problem does not show when using Firefox (latest version) under Windows XP. So if the OP wishes to sill run Windows in spite of my advice above then Firefox on Windows XP would be an option.
I have been using BTC-E with Firefox under Ubuntu GNU / Linux without any problems.
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Gox will never resume normal withdrawals. think about it.
When it comes to USD this may well be true. |
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Yes during April of this year there were some times when Virtex traded above MTGox, but if one looks over time all the way back to 2011 Virtex was for most of the time trading below MTGox. Interestingly this spring was also the time when many miners were buying ASICS with BTC, rather than selling BTC on Virtex, which can also explain the higher Virtex prices then. The spreads now on the downside even when compared with BitStamp and even BTC-E let alone MTGox are simply huge. One interesting note is that the volume for CAD on MTGox is 841.77 vs 332.90 on Virtex. http://bitcoinwatch.com/ |
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The reason BitPay can offer a merchant great rates and a 0.99% fee to merchants in Canada is because they do not sell their BTC in Canada.
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BitPay used to charge extra for settlement in fiat when they started I believe it was around 2.5% but they changed to a flat 0.99% fee.
Virtex is a great exchange with excellent customer service that is not the issue; however for most of its existence it has been overrun with polar bears. This makes it a great place to buy BTC and a lousy place to sell BTC. Canada has both plentiful energy resources and a cold climate creating the perfect environment for Bitcoin mining. Do the math.
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not sure where you get this %5 hit from
bitpay costs %5 fee for canada,
and its not using mtgox price.
BitPay 101.8682 CAD https://bitpay.com/bitcoin-exchange-ratesVirtex 90.02 CAD https://www.cavirtex.com/Sorry it is not 5% it is more like over 10%. Basically would you rather revive 101.8682 CAD worth of goods and services or 90.02 CAD worth of goods and services for your 1 BTC? this is not the rate you actually get... BitPay will keep %5 Virtex is completely unknown how they calculate the exchange rate, and also its very posible that virtex has a better rate then BitPay, not long ago virtex was trading well above other markets. its almost FOR SURE that Virtex will sometimes have a better rate then bitpay. Best thing would be to be hooked up to both and go with the best rate at the time of the sale. BitPay charges 1% where does it say they charge 5%. I have bought goods and service using Bitcoin via Bitpay and literally saved 2-3% by buying the BTC from Virtex at the same time as the BitPay purchase. Time will tell but I doubt Virtex will be able to match the BitPay rates to a merchant unless they open up the exchange to customers outside of Canada. |
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not sure where you get this %5 hit from
bitpay costs %5 fee for canada,
and its not using mtgox price.
BitPay 101.8682 CAD https://bitpay.com/bitcoin-exchange-ratesVirtex 90.02 CAD https://www.cavirtex.com/Sorry it is not 5% it is more like over 10%. Basically would you rather receive 101.8682 CAD worth of goods and services or 90.02 CAD worth of goods and services for your 1 BTC? |
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If Mt. Gox had "serious problems with the US Government", there would be press releases from DOJ or the SEC, news coverage, and possibly arrests.
I would consider the seizure of a Credit Union account by the US Department of Homeland Security to be serious problems with the US Government https://bitcointalk.org/index.php?topic=205694.0They have serious problems with CoinLab, which is suing them for good reasons.
I would rather not comment on the merits or lack thereof of a lawsuit before the courts. I will point out a thread back in March where I asked a series of mundane questions regarding compliance in Canada I received a prompt response from MTGox but no response to this day from Coinlab so I will let the reader be the judge here. https://bitcointalk.org/index.php?topic=148147.msg1579776#msg1579776They might have serious problems with some Tokyo banks. But even that is unlikely. If you have money, you can generally send it somewhere else. If you don't...
Mt. Gox had trouble at the US end, they'd probably be blocked from receiving money transfers. They're not. Somehow, the only things that don't work are things that take money away from Mt. Gox. That's very convenient for Mt. Gox.
I still believe the problems are regulatory and not financial. |
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Is there a reason this thread is so long and no one else did this?
- I asked MTGOX to cancel my withdrawal via ticket, they did but no money refunded into Gox account, onto Chat, got the money in the Gox account via Chat support agent, bought BTC, withdrew BTC to Bitstamp, sold BTC instantly, withdrew funds via SEPA on Bitstamp - operation says its complete and I should know in 24hrs if the funds appear.
I was waiting 9 f'ing weeks on MTGOX to process the SEPA withdrawal but might have worked around them in about 30min. Didnt loose anything noticeable cash wise either and BitStamp seem to have a good site, flows that work and are based in Europe, all good things.
A lot of people are that is why the price on MTGox is 109.4940 USD and on BitStamp 97.8600 USD. |
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What's going on with Cavirtex? 89 CAD per BTC? Here is what is happening : My VTX stock is up on the news they have launched a Merchant Shopping Cart API. So I guess new customer are automatically dumping XBT for fiat (I'm thinking BitPay for Canada) so yes if that business grows faster than market demand for XBT, we'll see arbitrage opportunities going forward. Time to put some cash in. edit I'm thinking those merchants would rather be using BitPay given the exchange rates. Oh well. Yes a merchant accepting Bitcoin in Canada would be crazy to use Virtex over BitPay because using Virtex adds 5% to their customers costs, just because of the spread on the exchange rate. Canadian merchants want CAD not USD, this is why they will use virtex. BitPay will settle with the merchant in CAD. https://bitpay.com/bitcoin-direct-deposit. So why make your customers take a 5% hit? |
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What's going on with Cavirtex? 89 CAD per BTC? Here is what is happening : My VTX stock is up on the news they have launched a Merchant Shopping Cart API. So I guess new customer are automatically dumping XBT for fiat (I'm thinking BitPay for Canada) so yes if that business grows faster than market demand for XBT, we'll see arbitrage opportunities going forward. Time to put some cash in. edit I'm thinking those merchants would rather be using BitPay given the exchange rates. Oh well. Yes a merchant accepting Bitcoin in Canada would be crazy to use Virtex over BitPay because using Virtex adds 5% to their customers costs, just because of the spread on the exchange rate. |
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I\m tempted to dump a lot of money onto that exchange to buy btc and then transfer it out.
Are you Canadian? Last time I checked, only Canadians could open Virtex accounts. The arbitrage situation between Virtex and MtGoxCAD is similar to that between Bitstamp and MtGoxUSD. I missed the Satoshi Square at Nathan Philips Square in Toronto a couple of weeks ago. Anyone here attend? What were the prices like? Closer to MtGox or Virtex? Seems like a possible opportunity to flip some arb coins. No I get MTGox 109.44 USD BitStamp 97.71 USD Virtex 91.18 USD after factoring in the CAD / USD rate of 0.97 That is an extra 7% on top of the MTGox BitStamp spread. |
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Let me ask what may be a stupid question... (Please dont throw stones,,,stick are ok sortoff lolz ) Are all these withdrawl delays only for USD to US customers or is it across the board  I suspect it is two separate issues: USD is by far the worse because no matter where or to whom it is going a USD wire will be routed through a US Bank, and MTGox has had some serious problems with the US Government. Other currencies is more a question of getting additional banking partners, and addressing the serious load that the number of wires they send is having on their banking partners. |
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I am confused too why virtex is like this. I think a lot of Canadian miners use the site so there is a lot of sell pressure?? But I mean take a trip over the border and sell to some guy on local bitcoins. I see a large Seattle buyer paying $103.
Virtex has traded below MTGox and now Bitstamp since 2011 for most of the time. I have seen spreads of 5% and more during most of 2012. The reason is that Canada is and will be a net exporter of BTC. The combination of relatively cheap electricity and cold winters makes Bitcoin mining in Canada far more attractive than in many parts of the world. One notable exception is Russia and many of the CIS (former USSR) countries, and guess what BTC-E tends also to trade below the averages. The economics of BTC mining is very different when the outside temperature is -30 C than 30 C. In summary there will be a far greater chance of finding polar bears on Virtex or BTC-E than on most of the other exchanges. |
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The product, sources said, would allow any shopper who has previously provided Facebook with their credit card details to make purchases on partnering e-commerce mobile apps without entering billing information.
That setup allows partnering commerce companies to still work with payment processors of their choice
Translation: In essence what this does is take the credit card information that FB has on file for a customer and upon providing the FB login this information is transmitted by the customers cell phone to the merchant generating a card not present transaction with the merchants credit card processor. The net effect is to turn a credit card transaction that is not subject to chargebacks into one that is! PayPal will run circles over this and so will Bitcoin. Not only is this very lame idea not a threat to Bitcoin it may actually help Bitcoin in the in person payment market once the security nightmare this will create has the merchants, credit card processors, banks and credit card companies all up in arms when the chargebacks and fraud this will create starts to show up. Hacked FB accounts anyone? Give it a year or so and this will be dropped just like FB credits, in the meantime I would not be surprised if BTC / USD exchange rate is in the 4 or 5 figures. Next please. |
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... I do not report/file taxes in America and have heard that is fine. ...
I do not know who has given you this advice, but I strongly suspect it is very wrong and very dangerous. I would go straight to the source. http://www.irs.gov/Individuals/International-Taxpayers/U.S.-Citizens-and-Resident-Aliens-AbroadAs Bitcoin exchanges Bitstamp seems to be the choice for now especially if you are in Europe and can use SEPA. I have not used them myself so I do not have direct experience with them. Here in Canada I use Virtex; however in a somewhat similar and stricter fashion to bitcoin.de one has to be a Canadian citizen resident in Canada to use them. MTGox is currently having a lot of issues with fiat withdrawals, I expect that this will eventually get sorted out especially for currencies other than USD and MTGox will remain a viable and strong business; however there are many on this board that have a very different point of view that is worthy of consideration before risking any funds there. |
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There are huge problems getting USD for that matter other fiat currencies EUR, CAD etc. out of MTGox so those who have USD, EUR, CAD etc trapped in MTGox are willing to pay a premium in order to get the money out in the form of BTC.
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