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Author Topic: MtGox - withdrawal issues coming back?  (Read 1930 times)
coga (OP)
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October 08, 2012, 03:38:42 AM
Last edit: October 08, 2012, 04:36:09 AM by coga
 #1

There has been [for awhile] a fairly reasonable service from MtGox lately as far as withdrawals were going. Is it going back to trouble mode? I have week worth of withdrawals, all don't move. There's a single >3K withdrawal which says "error" and never made it to dwolla. Tried opening ticket at MtGox support with no resolution so far. Anyone else experiencing same problems as I do?

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October 08, 2012, 12:31:43 PM
 #2

There has been [for awhile] a fairly reasonable service from MtGox lately as far as withdrawals were going. Is it going back to trouble mode? I have week worth of withdrawals, all don't move. There's a single >3K withdrawal which says "error" and never made it to dwolla. Tried opening ticket at MtGox support with no resolution so far. Anyone else experiencing same problems as I do?

This is pretty wow. Wasn't MtGox supposed to be making money? Are they actually running a fractional reserve operation now?

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coga (OP)
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October 08, 2012, 02:23:58 PM
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This is pretty wow. Wasn't MtGox supposed to be making money? Are they actually running a fractional reserve operation now?

That much I can't say. The MtGox support is citing the long weekend in Japan, and that he needs to touch-base with developers regarding the issues.

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October 08, 2012, 05:00:18 PM
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This is pretty wow. Wasn't MtGox supposed to be making money? Are they actually running a fractional reserve operation now?

That much I can't say. The MtGox support is citing the long weekend in Japan, and that he needs to touch-base with developers regarding the issues.

They should post up Japan holidays because those holidays tend to be totally different then other parts of the world and can be quite paralyzing timing wise.

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coga (OP)
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October 11, 2012, 07:16:23 PM
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That much I can't say. The MtGox support is citing the long weekend in Japan, and that he needs to touch-base with developers regarding the issues.

They should post up Japan holidays because those holidays tend to be totally different then other parts of the world and can be quite paralyzing timing wise.

I second that.

Support swears that they have all ready for the payments to go, but I'm yet to see anything. I have totally about $10,000 stuck there. It's very annoying, I can't keep business running that way.

Not only that, but I cannot even initiate withdraw anymore, they are getting auto-cancelled. Support guy said : The reason mentioned for your the cancellation is "You cannot have more than one pending Dwolla transfer at a time". When I asked him if what he wrote makes sense to him, he said, he'll ask developers

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October 11, 2012, 07:43:23 PM
 #6

At least yours are showing as pending. Mine which shows as confirmed three days ago has no record at dwolla, and dwolla confirms that they have been getting "an unusually high numbers of calls and emails regarding missing Mt. Gox transfers for the past two weeks". So many that they no longer even refer to Mt. Gox as Mutum Sigiilium any more, they just go straight into a "this must be a bitcoin cash-out transfer from Mt. Gox?" as soon as the subject is opened.
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October 11, 2012, 09:06:21 PM
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At least yours are showing as pending. Mine which shows as confirmed three days ago has no record at dwolla, and dwolla confirms that they have been getting "an unusually high numbers of calls and emails regarding missing Mt. Gox transfers for the past two weeks". So many that they no longer even refer to Mt. Gox as Mutum Sigiilium any more, they just go straight into a "this must be a bitcoin cash-out transfer from Mt. Gox?" as soon as the subject is opened.

On my experience "confirmed" means nothing. They are sending shortly after status changes to "todo". But even with that status I have three 'todo" transfers and they just sit there.

MtGox had the similar problem before, but they seem to have gone better, to the point when they were sending dwolla transfers almost same day. Now it's back to "nothing happens" again

It really goes annoying now: Bitfloor will not let withdraw, Intersango closing USD exchange, and now that.

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October 14, 2012, 02:45:00 AM
 #8

Yeah, I had one of my withdrawals cancelled with the message "Cancel of: Withdraw to account Dwolla You cannot have more than one pending Dwolla transfer at a time".

However, I still have two in the 'confirmed' (but not 'processed') stage, one from 10/03 and another from 10/05.  The cancelled one was on 10/10.
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October 14, 2012, 04:09:04 AM
 #9

There has been [for awhile] a fairly reasonable service from MtGox lately as far as withdrawals were going. Is it going back to trouble mode? I have week worth of withdrawals, all don't move. There's a single >3K withdrawal which says "error" and never made it to dwolla. Tried opening ticket at MtGox support with no resolution so far. Anyone else experiencing same problems as I do?

This is pretty wow. Wasn't MtGox supposed to be making money? Are they actually running a fractional reserve operation now?

I have reason to believe they're tapping into that Bitcoinica slush fund treating it as a need-a-Bitcoin, take-a-Bitcoin cup. Have you ever seen such a cup full of pennies at your local 7-11?
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October 16, 2012, 04:03:18 PM
 #10

Quote from: Marcus, Paź 16 17:57 (JST)
Hello [...],

The delay is because of the huge back log that we have currently however please let us know if you would like to cancel your withdrawal and return the funds back to your Mt.Gox account.

Thanks,

MtGox.com Team



I'm waiting for like 80$ almost two weeks.

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fcmatt
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October 16, 2012, 04:09:30 PM
 #11

One I did last week finally went through.

And mtgox is a cash cow as long as their expenses are kept to a minimum. I highly doubt they
are insolvent.

I plan to do another dwolla withdraw tonight. I expect to see it in dwolla next week.

So things have gone down hill again.
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October 16, 2012, 09:01:55 PM
 #12

Withdrew about $45 to Dwolla this afternoon, and it actually showed up an hour later! Fully expected to be waiting a week like last time...
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October 18, 2012, 05:07:46 PM
 #13

Done two transfers since then, both have it my Dwolla account within an hour. Dwolla deposits seems to be reaching my bank the next morning too.
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October 18, 2012, 05:16:57 PM
 #14

a new one of mine went through quickly. i have no idea why some are fast and some are slow.
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