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Author Topic: MtGox withdrawal delays [Gathering]  (Read 908382 times)
joesmoe2012
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June 26, 2013, 02:05:00 AM
 #181

An update.

2013-04-12: 1000 EUR, arrived 2013-05-21 (39 days)
2013-04-15: 1000 EUR, arrived 2013-05-24 (39 days)
2013-04-17: 1000 EUR, arrived 2013-06-04 (48 days)
2013-04-18: 1000 EUR, arrived 2013-06-13 (56 days)
2013-04-19: 1000 EUR, 67 days, still waiting
2013-04-22: 1000 EUR, 64 days, still waiting
2013-04-23: 1000 EUR, 63 days, still waiting
2013-04-24: 1000 EUR, 62 days, still waiting
2013-04-25: 1000 EUR, 61 days, still waiting
2013-04-28: 1000 EUR, 58 days, still waiting

International wire was less slow:

2013-05-23: 7000 EUR, arrived 2013-06-07 (15 days)



Wow thanks for the update!

I assume these are to EU country and not USA right?

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db
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June 26, 2013, 11:00:02 AM
 #182

I assume these are to EU country and not USA right?

Yes, EU.
Faraday
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June 27, 2013, 02:03:37 AM
 #183

I made a withdraw from a USD mtgox account via International wire transfer to a New Zealand bank account. This is been at 'Confirmed' status for nearly a week when last time it took 2 days. I was just told by support it will be 2 more weeks before it's processed.

Does this sound right? Should I just cancel it and buy bitcoins? What are the chances it will actually be processed in 2 weeks?
Aqui
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July 01, 2013, 11:31:34 AM
 #184

i have 3 transfer for EU in waiting
iam near 4-5 week waiting for statut just confirmed...
the first transfer 2013/05/20
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July 03, 2013, 01:52:40 AM
Last edit: July 22, 2013, 07:19:01 PM by cedus
 #185

My withdrawal/delay info, inspired by db:

2013-04-11: 2xxx EUR, arrived 2013-05-27 (46 days)
2013-04-16: 3xxx EUR, arrived 2013-06-11 (56 days)
2013-05-03: 7xxx EUR, arrived 2013-07-22 (80 days)
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July 03, 2013, 06:50:15 AM
 #186

That slow-pay data indicates they don't have the money to pay their debts.
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July 08, 2013, 09:47:47 AM
 #187

How much do you guys pay for the SEPA bank transfer? Could it possibly be as much as 73 EUR for 1000 EUR withdraw?

I have 4 withdraws and only 3 credits on my bank account. None of the reference numbers matches, neither do amounts.

Last I got was 650 instead of 1000. How do you link your withdrawal to your bank account slip?

All a big mess, seems like they give you whatever they want.

1LdXn1PKhzLYT45W4sCUR1yqXNuiY1MLYw
gizmoh
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July 08, 2013, 04:22:34 PM
 #188

If anyone receives any international wire transfer (SWIFT) during this week from Gox, let us know from which bank the funds are sent.
Many of us are wondering if Gox having 'new banking partners' is a verified claim!

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
joesmoe2012
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July 08, 2013, 04:54:06 PM
 #189

Has anybody received any SWIFT payment from gox in the past 2 weeks? They say they are slowly going out in queue, but i haven't heard any reports of anybody actually receiving one.

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July 10, 2013, 04:22:11 AM
 #190

Didn't they claim to have processed over a million dollars in withdrawals over the "two week" break? Odd that there have been zero posts here saying they received USD over that period.

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July 10, 2013, 05:17:50 AM
Last edit: July 10, 2013, 05:36:13 AM by Bugpowder
 #191

Didn't they claim to have processed over a million dollars in withdrawals over the "two week" break? Odd that there have been zero posts here saying they received USD over that period.

They may be prioritizing wires based on account or wire size rather than chronological order.
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July 10, 2013, 05:45:42 AM
 #192

Didn't they claim to have processed over a million dollars in withdrawals over the "two week" break? Odd that there have been zero posts here saying they received USD over that period.

They may be prioritizing wires based on account or wire size rather than chronological order.

Yes. I believe that they give platinum service to their whale customers before anyone else:

Loaded, are you getting any vibes about whether the Dwolla problem is scaring fiat off Mt Gox, or no real impact?

I have received over $250k in wires from Gox since the Dwolla account seizure with no issues. Hopefully they will obtain the proper licensing and have it all resolved soon.

That was 7 weeks ago...

Aqui
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July 11, 2013, 11:31:52 AM
 #193

withdrawal euro 5\20 1000E 50 days waiting nothing for moment
i have 2 other 6\4 and 6\5 transfer 40 days waiting

mt gox say me wait ... 1 year 2 ? i dont know ....
Aqui
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July 11, 2013, 11:55:14 AM
 #194

need update please
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July 12, 2013, 10:02:30 AM
 #195

It may seem like client's money has been spent or stolen by mtgox. They have not been able to give any plausible explanation. I have $20k stuck at gox. I suggest that those of us in the same situation should gather and be prepared for a collective lawsuit (class action). We cannot wait forever. The company and the people behind it shall not get away with this.
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July 12, 2013, 10:10:45 AM
 #196

withdrawal euro 5\20 1000E 50 days waiting nothing for moment
i have 2 other 6\4 and 6\5 transfer 40 days waiting

mt gox say me wait ... 1 year 2 ? i dont know ....


cancel, wait for a good moment, buy btc and sell on bitstamp
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July 12, 2013, 05:27:52 PM
 #197

Last time I received EUR was end of May, waiting for multiple payouts since. Unacceptable is, that they just stopped handing their customers money back. When you get mail from their support it seems a bit they are doing you a favor when they accept a withdrawal. Well it's their bloody duty to fulfill them and that in a timely manner. Waiting 50days+ on the longest outstanding one, absolutely not acceptable.
There were talks that there daily transfer limit in Euro is limited, I find that hard to believe, honestly. Even if, that limit should be well in the 7 digits.
My feeling is they are running dry due to the loss in btc value. Some might have bought some btc back, but the fiat MtGox holds will have shrunk drastically since the peaks in April. Maybe that combined with some not even malicious chaotic accountancy and they rely on fresh fiat coming in. Unlikely to happen as the hype is gone and there are fewer and fewer outsiders jumping into the scheme. Avoiding the P-word...
Well, once I got my cash, I am out of MtGox.

Someone asked, my bank usually charged a flat fee of EUR 10. So mtgox fee + 10. Acceptable I'd say.
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July 12, 2013, 05:36:55 PM
 #198

Mt.Gox users are buying BTC and moving it out of Mt.Gox as evidenced by the spread between Mt.Gox, Bitstamp, and btc-e... nearly $6-8 now. Same thing happened a few weeks ago before a selloff to $66. 
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July 12, 2013, 06:10:45 PM
 #199

Is it time to buy BTC and transfer out? What exchange can I count on to get me my money?
zeroblock
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July 12, 2013, 06:34:38 PM
 #200

You could use BitStamp.  Coinbase would be the easiest.
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