hey

[PGPpfKkx]

fail

[1714209605]

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[1714209605]

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[CIYAM]

Are you able to withdraw the BTC from Mt. Gox or is it just withdrawing "fiat" that is the problem?

[slush]

Bitcoin != Mtgox. I'm not using Mtgox for more than 7 months, still I'm using bitcoins.

[xxjs]

I cannot withdraw BTC cause I have sold all my BTC and have Mtgox $ now in it.

Buy BTC, transfer to some other exchange.

[CIYAM]

I do understand that you are frustrated (and have not actually used Mt. Gox myself) - am just suggesting that it might be an easier route to "buy BTC" with your Mt. Gox $ and then move it out as BTC rather than as "fiat" (but please see if others have been successful doing this before trying as I am offering advice without having done so myself).

[CIYAM]

you thought about this,really?

Oops - I see your point now - you sold them under the current value - I guess you might have to wait and hope for a downturn.

[prezbo]

You're trying to withdraw fiat, how has this anything to do with bitcoin? Also if one exchange has problems that also has nothing to do with bitcoin in general.

[FreeMoney]

Can't get dollars - angry at bitcoin!

[Stephen Gornick]

I sold my bitcoins because I want to buy a new pc I had like 300 BTC

Mistake number one.  Never leave funds at an exchange unless you will be using them to exhange.   Mt. Gox provides EWallet service, but that comes at a cost -- limits on what you can do with your coins.

First of all, you need a verified account to withdraw. That is OK, but my account cannot withdraw for whatever reason.

Your bank doesn't withdraw from Mt. Gox, Mt. Gox sends the funds to your bank.  Are you saying the bank rejected (returned the) transfer?

Unfortunately in Greece we don't Apostille utility bills.

Mistake number three.   There are so many options for SEPA and the cost is not that high.

My response? "Don't bother with btc mate"

Not a single problem you are describing has to do with bitcoin.  You are describing the problem with a third-party exchange, not with bitcoin. But, of course, nearly everyone needs to deal with exchanges, so that's fair to say that trouble with third-party exchanges weigh negatively on the Bitcoin user experience.

Unfortunately, for some reason, Mt. Gox seems to have your number.  

Can you convert your EUR back to bitcoins and withdraw to another exchange?  (Don't do it all at times.  Try 5 EUR worth.  If that workds, then try 10 EUR worth.  If that works, try $50 EUR worth.  and so on until you have 500 EUR or so withdrawn, then wait a couple days and repeat.  Eventually you'll have your BTCs withdrawn and you can solve your problem elsewhere.

[bowen151]

KYC checks are pretty normal in currency exchanges nowadays.

Its not rocket science!

[Deafboy]

Sure, Mt.Gox sucks when it comes to moving large sums of money, but these issues are not related to bitcoins. It's all about traditional banking laws and regulations.
It also sucks that we don't have something like www.bitcoinstore.com in Europe yet. Otherwise people like you could spend the bitcoins directly.

[Stephen Gornick]

I sold btc at $11 to buy them at $13 because the main btc exchange is at fault??

you thought about this,really?

The rate that you would have to buy them is immaterial, because you are simply going to convert them to EUR somewhere else at the same rate.

i.e., if you have 100 EUR, and buy BTCs at $13 USD then go sell BTCs elsewhere at $13 USD you get about 100 EUR again (less trade fees, less exchange rate difference between the two exchanges.

So it wouldn't matter if the BTC/USD was up to $50 right now, you are simply buying BTC with EUR and shortly after selling BTC to get EUR at the same rate.

Even Warren Mosler gets that:

The value of a Bitcoin is of no particular consequence to the buyer and seller in the case of transactions like this,

- http://moslereconomics.com/2012/12/10/bitcoins-join-global-bank-network

[bowen151]

Bitcoin is a currency, and its central bank Sucks.

Hmmm I find fault with that statement. Do you really know what BTC is all about?

[Anon136]

I cannot withdraw BTC cause I have sold all my BTC and have Mtgox $ now in it.

It is just juge hassle to withdraw. My account is verified but not "trusted" and I am supposed to be able to withdraw <$1k but It is just resturned to me.

Every time I mail support it takes 3-4 days only to be faced with another technicality or problem.

I am just saying, having a currency where you can only deposit very easily (no documents asked for SEPA) but so so difficult to withdraw. How is bitcoin supposed to be for the masses?

I find it a little bit ironic that one of the main reasons bitcoin is so amazing is because it solves exactly the problem you are ascribing to it. =P

How much are you trying to sell? I have a decent bitmit rating and im in the market to buy.

[prezbo]

I would also like for someone to tell me another exchange that can deal with EU and can accept normal documents for withdrawal without months of waiting?

P.S

the current value is immaterial, BUT there is a risk in converting back and forth in the currency + exchange fees for the sale and buy. This is not supposed to be the case with a simple withdraw.

also yes I know all about btc.
do you know that frequently anarchists have leaders? Its just the way it is.

bitstamp, you could also try localbitcoins.

[Raoul Duke]

I was almost feeling sorry for your troubles, but then I read this...

1,5 year ago I convinced a lot of my friends to mine btc and I educated on them.
Yesterday someone asked me if I got my money or it was a scam after all.

My response? "Don't bother with btc mate"

Shouldn't that be "Don't bother with MtGox mate"?

[1Pakis]

Try https://bitcoin-central.net/

[TangibleCryptography]

Bitcoin != Mtgox

/thread

[paraipan]

I cannot withdraw BTC cause I have sold all my BTC and have Mtgox $ now in it.

Buy BTC, transfer to some other exchange.

+1 fastest solucion, heard http://bitstamp.net and http://bitcoin-central.net are the best for Euro zone

[dancupid]

I sold btc at $11 to buy them at $13 because the main btc exchange is at fault??

you thought about this,really?

Buy $300 worth of bitcoins - send them to another exchange and then sell them for $300.
It doesn't matter what the price of bitcoins is now to do this.