Bitcoin Forum
December 07, 2019, 12:17:23 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 [59] 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 ... 346 »
  Print  
Author Topic: MtGox withdrawal delays [Gathering]  (Read 880345 times)
bliljerk101
Member
**
Offline Offline

Activity: 90
Merit: 10



View Profile
August 30, 2013, 10:13:41 AM
 #1161

I wouldn't believe anything they tell you.

As far I can see, they're trying to get USD holders to take a 10% writedown to compensate MtGox for the funds they had confiscated by the US.

They might well be blacklisted from doing any trades in USD - maybe because of of money laundering considerations, or maybe because of US trade protectionism (favouring US exchanges).

Anyway, I'm not sure there is a 'queue' at all . . . maybe just a pool of dummies like you and me who haven't accepted the 10% writedown yet. 

I certainly hope that is not the case... I take it you're waiting as well? When did you withdraw? Was it greater than 10k like joesmoe?

I have read there is no issue with transfer to JPY. If it comes down to it, I may consider opening a Japanese bank account. The only problem with Yen is that it is particularly unstable right now and has been declining rapidly since last year because of trade sanctions imposed by China. In the long term, that might be a good thing... Short term, it may result in loss.
1575721043
Hero Member
*
Offline Offline

Posts: 1575721043

View Profile Personal Message (Offline)

Ignore
1575721043
Reply with quote  #2

1575721043
Report to moderator
1575721043
Hero Member
*
Offline Offline

Posts: 1575721043

View Profile Personal Message (Offline)

Ignore
1575721043
Reply with quote  #2

1575721043
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1575721043
Hero Member
*
Offline Offline

Posts: 1575721043

View Profile Personal Message (Offline)

Ignore
1575721043
Reply with quote  #2

1575721043
Report to moderator
1575721043
Hero Member
*
Offline Offline

Posts: 1575721043

View Profile Personal Message (Offline)

Ignore
1575721043
Reply with quote  #2

1575721043
Report to moderator
Vezunchik
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


bitcoin is an expression of freedom.


View Profile
August 30, 2013, 11:27:36 AM
 #1162

Now I can't withdraw even BTC! Watch out - this can be not simple site malfunctioning! May be MtGox started it's collapse. (Details here).
Vezunchik
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


bitcoin is an expression of freedom.


View Profile
August 30, 2013, 11:36:47 AM
 #1163

Yes, MtGox is collapsing now.
Mushoz
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


Bitbuy


View Profile WWW
August 30, 2013, 11:37:13 AM
 #1164

Now I can't withdraw even BTC! Watch out - this can be not simple site malfunctioning! May be MtGox started it's collapse. (Details here).

Are you getting an  "Invalid bitcoin address, please confirm your input" error as well?

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
bliljerk101
Member
**
Offline Offline

Activity: 90
Merit: 10



View Profile
August 30, 2013, 11:40:49 AM
 #1165

Now I can't withdraw even BTC! Watch out - this can be not simple site malfunctioning! May be MtGox started it's collapse. (Details here).

Are you getting an  "Invalid bitcoin address, please confirm your input" error as well?

I withdrew BTC a few hours ago... It seemed very fast and reliable. Are you sure?
Vezunchik
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


bitcoin is an expression of freedom.


View Profile
August 30, 2013, 11:42:24 AM
 #1166

Yes  Sad
Now I can't withdraw even BTC! Watch out - this can be not simple site malfunctioning! May be MtGox started it's collapse. (Details here).

Are you getting an  "Invalid bitcoin address, please confirm your input" error as well?
Vezunchik
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


bitcoin is an expression of freedom.


View Profile
August 30, 2013, 11:45:02 AM
 #1167

As usual for Ponzy-like schemes. Bahhhh and and it fails. And a few minutes ago everything was excellent...

Now I can't withdraw even BTC! Watch out - this can be not simple site malfunctioning! May be MtGox started it's collapse. (Details here).

Are you getting an  "Invalid bitcoin address, please confirm your input" error as well?

I withdrew BTC a few hours ago... It seemed very fast and reliable. Are you sure?
solex
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


100 satoshis -> ISO code


View Profile
August 30, 2013, 11:45:41 AM
 #1168

I withdrew BTC a few minutes ago and they went fine to a webwallet within seconds.

Mushoz
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


Bitbuy


View Profile WWW
August 30, 2013, 11:46:26 AM
 #1169

Now I can't withdraw even BTC! Watch out - this can be not simple site malfunctioning! May be MtGox started it's collapse. (Details here).

Are you getting an  "Invalid bitcoin address, please confirm your input" error as well?

I withdrew BTC a few hours ago... It seemed very fast and reliable. Are you sure?

Yesterday, my withdrawals were fine. Today, not so much. Not sure what is going on. Probably a bug on their end. I've already submitted a ticket, but haven't received a reply yet.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
bliljerk101
Member
**
Offline Offline

Activity: 90
Merit: 10



View Profile
August 30, 2013, 11:47:20 AM
 #1170

Yes  Sad

As usual for Ponzy-like schemes. Bahhhh and and it fails. And a few minutes ago everything was excellent...

Even if you both are currently getting errors, I think it's far too early to call this a collapse. I have a lot of experience with Japanese software and Japanese developers.. I am not trying to be discriminatory (I love the Japanese), but Japanese software, especially in terms of UI, is generally trash. It never functions properly and it's always a mess... A mess in the coding and a mess in the UI. I would not be surprised if this is just a bug caused by incompetent developer(s).
Mushoz
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


Bitbuy


View Profile WWW
August 30, 2013, 11:48:52 AM
 #1171

Yes  Sad

As usual for Ponzy-like schemes. Bahhhh and and it fails. And a few minutes ago everything was excellent...

Even if you both are currently getting errors, I think it's far too early to call this a collapse. I have a lot of experience with Japanese software and Japanese developers.. I am not trying to be discriminatory (I love the Japanese), but Japanese software, especially in terms of UI, is generally trash. It never functions properly and it's always a mess... A mess in the coding and a mess in the UI. I would not be surprised if this is just a bug caused by incompetent developer(s).

Yeah, I don't believe the collapse story he's telling. Probably a bug. An annoying one at that though.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
lebing
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000

Enabling the maximal migration


View Profile
August 30, 2013, 12:10:31 PM
 #1172

Yes, MtGox is collapsing now.

Not sure if serious or not

" August 26, 2011"

Bro, do you even blockchain?
-E Voorhees
ibox
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
August 30, 2013, 12:58:05 PM
 #1173

Yes  Sad

As usual for Ponzy-like schemes. Bahhhh and and it fails. And a few minutes ago everything was excellent...

Even if you both are currently getting errors, I think it's far too early to call this a collapse. I have a lot of experience with Japanese software and Japanese developers.. I am not trying to be discriminatory (I love the Japanese), but Japanese software, especially in terms of UI, is generally trash. It never functions properly and it's always a mess... A mess in the coding and a mess in the UI. I would not be surprised if this is just a bug caused by incompetent developer(s).

Yeah, I don't believe the collapse story he's telling. Probably a bug. An annoying one at that though.

+1
I admit that I don't like them that much but I think it's a little bit too soon to call this a collapse... At least not with this facts =)
sturle
Legendary
*
Offline Offline

Activity: 1444
Merit: 1001

https://bitmynt.no


View Profile WWW
August 30, 2013, 01:41:35 PM
 #1174


You should cancel it and withdraw EUR via SEPA instead.  You will have your money in less than a week.
Well I tried to do this. MtGox told me I should cancel the transfer, buy Bitcoins on their exchange (at the 10% markup, and commission), then sell on their exchange for Euro (another MtGox commission) and try to do a SEPA withdraw.
10% markup?  You have misunderstood something.  If you buy BTC and sell BTC on MtGox, you get MtGox price both times.  MtGox price is still good market price as well many places.  I sell at MtGox ask + a margin everywhere (#bitcoin-otc, Localbitcoins, etc), and have no problems selling a that price.

Quote
Now I understand a company can have problems, and those problems might very well be caused by someone else . . but their reaction to it is to try to push those losses on their customers, and profit from it through additional commissions. It wouldn't surprise me if MtGox was doing arbitrage on their own exchange.  Pretty shabby behaviour.
You can wait for the USD withdrawal to come through if you wish.  It is probably going to take at least two or three weeks.

Sjå https://bitmynt.no for veksling av bitcoin mot norske kroner.  Trygt, billig, raskt og enkelt sidan 2010.
I buy with EUR and other currencies at a fair market price when you want to sell.  See http://bitmynt.no/eurprice.pl
Warning: "Bitcoin" XT, Classic, Unlimited and the likes are scams. Don't use them, and don't listen to their shills.
sturle
Legendary
*
Offline Offline

Activity: 1444
Merit: 1001

https://bitmynt.no


View Profile WWW
August 30, 2013, 01:52:23 PM
 #1175

Still waiting from June 17th from my USD withdraw.
You have got at least one withdrawal already, right?  If the international withdrawal queue works like the SEPA queue, you are moved to the back of the queue when one withdrawal has gone through.  I.e. your new place in the queue is the date when you received your last withdrawal from MtGox.  MtGox are limited to 10 international transfers per day.  If the didn't do this, a people could easily do a denial of service attack against the rest of their customers by making many withdrawals instead of one.

Sjå https://bitmynt.no for veksling av bitcoin mot norske kroner.  Trygt, billig, raskt og enkelt sidan 2010.
I buy with EUR and other currencies at a fair market price when you want to sell.  See http://bitmynt.no/eurprice.pl
Warning: "Bitcoin" XT, Classic, Unlimited and the likes are scams. Don't use them, and don't listen to their shills.
sturle
Legendary
*
Offline Offline

Activity: 1444
Merit: 1001

https://bitmynt.no


View Profile WWW
August 30, 2013, 02:08:01 PM
 #1176


Is it possible to divide withdrawals into multiple smaller chunks less than $10k? That is what I was hoping to do ever since I read their FAQ...
I wouldn't believe anything they tell you. As far I can see, they're trying to get USD holders to take a 10% writedown to compensate MtGox for the funds they had confiscated by the US.
Can you document this? Of course not. You made it up.

Quote
They might well be blacklisted from doing any trades in USD - maybe because of of money laundering considerations, or maybe because of US trade protectionism (favouring US exchanges).
And maybe MtGox is an alien, and a time-space disturbancy caused by an angry wormhole caused SWIFT transfers to be distorted! Perhaps one could launch a contest. Make up the silliest stories around something which there is a very good and plausible official explanation for.

Quote
Anyway, I'm not sure there is a 'queue' at all . . . maybe just a pool of dummies like you and me who haven't accepted the 10% writedown yet.
If you take a 10% writedown you are being incredibly stupid, yes. I'll agree to that. Even MtGox offer express manual withdrawal at a 5% bank fee. (This is a bank fee, not a MtGox fee.)

Sjå https://bitmynt.no for veksling av bitcoin mot norske kroner.  Trygt, billig, raskt og enkelt sidan 2010.
I buy with EUR and other currencies at a fair market price when you want to sell.  See http://bitmynt.no/eurprice.pl
Warning: "Bitcoin" XT, Classic, Unlimited and the likes are scams. Don't use them, and don't listen to their shills.
ibox
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
August 30, 2013, 02:14:02 PM
 #1177

How is it possible to ask for an Express withdrawal (with fee at 5%)?
Is it available for SEPA?
bliljerk101
Member
**
Offline Offline

Activity: 90
Merit: 10



View Profile
August 30, 2013, 02:26:07 PM
 #1178

Sturle, you seem to have some strong opinions in opposition. I have not used Gox yet, so I am really looking for some good advice. My intention is to begin using them as soon as my account is verified.

Have you withdrawn in the past several weeks? Do you believe in their service? Any advice or light you can shine on this would be tremendously appreciated.
bliljerk101
Member
**
Offline Offline

Activity: 90
Merit: 10



View Profile
August 30, 2013, 02:35:52 PM
 #1179

Sturle, you seem to have some strong opinions in opposition. I have not used Gox yet, so I am really looking for some good advice. My intention is to begin using them as soon as my account is verified.

Have you withdrawn in the past several weeks? Do you believe in their service? Any advice or light you can shine on this would be tremendously appreciated.

Or rather I should say... I have not withdrawn fiat currency from Gox yet.. I cannot until my account is approved, but I have indeed deposited bitcoins and made trades already.
FreeTrade
Legendary
*
Offline Offline

Activity: 1330
Merit: 1024



View Profile
August 30, 2013, 02:46:23 PM
 #1180


I wouldn't believe anything they tell you. As far I can see, they're trying to get USD holders to take a 10% writedown to compensate MtGox for the funds they had confiscated by the US.
Can you document this? Of course not. You made it up.

Nope. That's why it is stated as opinion, not fact. ("As far I can see")

No need to get hostile. I appreciate the information you're providing, I just have my own opinion about what's going on based on my dealings with MtGox, and you are certainly entitled to your own . . . . reality.

And maybe MtGox is an alien, and a time-space disturbancy caused by an angry wormhole caused SWIFT transfers to be distorted!

I don't think that really fits the observed behavior of MtGox.

Even MtGox offer express manual withdrawal at a 5% bank fee. (This is a bank fee, not a MtGox fee.)

Hmm, a discount to only a 5% writedown fee. I'll take that. Can you document this? (As you've stated this as a fact)

HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining.http://hodlcoin.com/
Pages: « 1 ... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 [59] 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 ... 346 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!