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Author Topic: MtGox withdrawal delays [Gathering]  (Read 855624 times)
Savior
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October 22, 2013, 06:28:29 AM
 #2061

so is September 13 th already processed ?

its not even pending in my book....so the buck stopped right here!!?? Huh



Let us know when it's pending, last report in this thread was september 12, he got money four days ago. Hope they haven't used that much time, that would mean my wait will go over 5 weeks Sad
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joesmoe2012
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October 22, 2013, 06:43:53 AM
 #2062

I received a 5% withdrawal today, and have another pending. Everything is operating smoothly for me.

When did you request it? I've been waiting on a 5% manual withdraw over a week now.

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October 22, 2013, 06:58:02 AM
 #2063


Sorry guys does anyone realize there is still a lawsuit pending against mtgox?  US customers are going to be hosed until this lawsuit is settled!
On or about March 20, 2013 MtGox
... snipped ...


So frankly, if you are in the US, don't waste your time!

I didn't spot anything saying that Mt. Gox is ordered to tell their customers bald faced 'several weeks' lies when customers ask for estimates.

I became quite favorable to Mt. Gox because they stood their ground on the Coinlabs deal and did not sell their customer's records to Coinlabs without authorization when it became questionable as to whether Coinlabs were crooks.  Of course if Coinlabs had held up their end of the deal, Mt. Gox would probably have done just this.  Whatever the case they have not sold customer data to the best of my knowledge...though they have been victimized by hackers/insiders and it is not fully known how much data was released or whether it was a singular event.  But anyway...

Mt. Gox managed to quash the good will I felt toward them by lying to my face when I asked about the disposition of the money they owe me.  And I specifically asked if they were not sending it due to the risk of confiscation.

 - edit - critical word insertion (not sold)

bitdude
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October 22, 2013, 07:45:55 AM
 #2064

currently 3 months delay for USD payment, 1 month delay for EUR and no estimations given on when the funds will be released ...
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October 22, 2013, 07:46:54 AM
 #2065

....heir customers bald faced 'several weeks' lies when customers ...
it's barefaced ;-p it's no Movember yet

In the Beginning there was CPU , then GPU , then FPGA then ASIC, what next I hear to ask ....

1RaTTuSEN7jJUDiW1EGogHwtek7g9BiEn
joesmoe2012
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October 22, 2013, 07:49:11 AM
 #2066

Rumor has it that SEPA is up to about Sept 10th (I have a transfer pending on the 13th and havenn't seen it come through yet, nor change from confirmed to processed).


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October 22, 2013, 07:56:49 AM
 #2067

....heir customers bald faced 'several weeks' lies when customers ...
it's barefaced ;-p it's no Movember yet

'Movember' came early this year.  Now $200/BTC on Gox, but more than that on BTCChina.  I find that critical because it seems very likely to me that China is going to dominate the Bitcoin economy going forward if their government maintains a passive posture.  I suspect that the shift could be abrupt and pronounced.


RedBill
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October 22, 2013, 09:49:53 AM
 #2068

I received a 5% withdrawal today, and have another pending. Everything is operating smoothly for me.

What currency?
chura
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October 22, 2013, 11:27:46 AM
 #2069

Hi all,

I experienced BTC withdrawal problems at the end of the last week, too. I withdrew 2 BTC on 2013-10-18 01:44 according to mtgox statement but the transaction was broadcasted on 2013-10-19 10:40 by mtgox, according to blockchain.info = delay of ~33 hours
...so: No, it was not caused by no-fee miner's decision, block mining statistics etc, but just by some BTC-insolvency of mtgox. Maybe it was temporary and hopefully it's already gone.

Also, I've requested to withdraw 6.5k EUR via SEPA on 18th Sep - status is still "confirmed".
sturle
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October 22, 2013, 12:04:31 PM
 #2070

Rumor has it that SEPA is up to about Sept 10th (I have a transfer pending on the 13th and havenn't seen it come through yet, nor change from confirmed to processed).
Latest reported received SEPA withdrawal is from September 12th.

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.
bitdude
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October 22, 2013, 12:30:15 PM
 #2071

they just informed me about this update that there is only 1 SEPA withdrawal in 20 days per client, why this information is missing in the client area  Embarrassed
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October 22, 2013, 01:23:33 PM
 #2072

they just informed me about this update that there is only 1 SEPA withdrawal in 20 days per client, why this information is missing in the client area  Embarrassed
It is mentioned in the FAQ on the support pages.  Isn't it linked somewhere?  It used to be.

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.
bitdude
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October 22, 2013, 01:25:32 PM
 #2073

yes, it is in FAQ article that is being updated from time to time without any notice ... I am really unhappy about how Gox handle this
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October 22, 2013, 02:41:26 PM
 #2074

On average how long time does Bitcoin cashouts take from gox? (I have been waiting about 3-4hours now)
sturle
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October 22, 2013, 05:41:18 PM
 #2075

On average how long time does Bitcoin cashouts take from gox? (I have been waiting about 3-4hours now)
Median is pretty much instant.  Average delay is very low, but there are a few outliers which go to the extreme.  Sometimes days.  I have explained the bug in an earlier post in this thread.  It depends on the fee of course, like all bitcoin transactions.

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.
zeroblock
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October 22, 2013, 06:16:45 PM
 #2076

On average how long time does Bitcoin cashouts take from gox? (I have been waiting about 3-4hours now)
Median is pretty much instant.  Average delay is very low, but there are a few outliers which go to the extreme.  Sometimes days.  I have explained the bug in an earlier post in this thread.  It depends on the fee of course, like all bitcoin transactions.

No those are not outliers, those are the median.  And Gox's "error" of double spending the transactions is purposeful in order to delay withdraws.  Aka capital controls. The transaction fee is not the problem.

https://bitcointalk.org/index.php?topic=314901.0
https://bitcointalk.org/index.php?topic=316152.0
Nemesis
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October 22, 2013, 07:23:48 PM
 #2077

On average how long time does Bitcoin cashouts take from gox? (I have been waiting about 3-4hours now)

Are you waiting for confirmations ? or for the transaction being broadcasted?
sturle
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October 22, 2013, 09:18:44 PM
 #2078

On average how long time does Bitcoin cashouts take from gox? (I have been waiting about 3-4hours now)
Median is pretty much instant.  Average delay is very low, but there are a few outliers which go to the extreme.  Sometimes days.  I have explained the bug in an earlier post in this thread.  It depends on the fee of course, like all bitcoin transactions.
No those are not outliers, those are the median.
Can you please document that, or are you making it up?  I sent four withdrawals yesterday.  All four went straight out with no delays.  Amounts from 1.4 to 10 BTC, no fee.  Reports here supports this as well.  Delayed transactions are exceptions.

Quote
And Gox's "error" of double spending the transactions is purposeful in order to delay withdraws.  Aka capital controls. The transaction fee is not the problem.
This is not an error, it is a feature.  Transactions which have been waiting for more than 24 hours are cancelled by a double spending transaction, and then tried again.  Read my explanation earlier in this thread.  Do you have any idea what capital control means, or was that just a fancy phrase that popped out of your head?

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.
trdiablo
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October 22, 2013, 09:41:48 PM
 #2079

Situation as of 16 October 2013: We are currently processing withdrawals requested five weeks ago. (Users with several withdrawals in the queue must take the 20 day rule above into account)

https://support.mtgox.com/entries/21649594-Withdrawals-and-Deposits
Raralith
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October 22, 2013, 10:16:41 PM
 #2080

Situation as of 16 October 2013: We are currently processing withdrawals requested five weeks ago. (Users with several withdrawals in the queue must take the 20 day rule above into account)

https://support.mtgox.com/entries/21649594-Withdrawals-and-Deposits

     * Japanese Domestic Transfer - Only for Japanese residents.
     * Polish Domestic Transfer - Only for Polish residents.
     * International Wire Transfer - Please note that we are unable to accept funds coming from or going to any entity, state or country listed by the US OFAC (Office of Foreign Assets Control).  If you wish to deposit from or withdraw to one of these countries, we are sorry but you can not do so through MtGox.
     * SEPA - Only for European residents
     * Okpay - Only for deposits

From the link above updated 10/17/2013. Does this mean no transfers to the US?

1Bns8MujdRfdoRJYNdhJUqJQsLq59qnB1c
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