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Author Topic: MtGox withdrawal delays [Gathering]  (Read 855812 times)
smoothie
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July 23, 2013, 11:13:27 AM
 #321

If you have fiat or BTC on gox I would buy bitcoins right now and get your assets off of their exchange.

Delays this long are not "normal". Ponzi's even operate this way with delays. I've seen this type of "delay" before.

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           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
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Abdussamad
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July 23, 2013, 12:14:32 PM
 #322

Exactly that - it was in limbo.

Main problem was the BS from Gox. Two week hiatus, they said. We could survive that, and took them at their word.

Turned into a 5 week wait for USD that never came. Eventually gave up waiting, cancelled and took our BTC out, but by then the damage was done.

@trollboy You do know what happens if nobody ever sells a currency, don't you? It fails completely. End of experiment, everyone loses everything, thanks for playing.

And as it happens, we'd love to be able to keep some in reserve (we were mining pre-$10), but we are not permitted to. Long story.

Still, no doubt the reason you're not selling BTC now has absolutely nothing to do with the possibility that you could make even bigger profits in the future. Hasn't even crossed your mind...  Roll Eyes

I am curious. What exactly is your business? I ask because I don't see a link in your sig or profile.

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July 23, 2013, 05:56:18 PM
 #323

An Euro SEPA withdrawal newly arrived !!!
This is my datas updated :
2013/05/04  745e -> received on 2013/05/07 (3 days)
2013/05/05 1000e -> received on 2013/06/03 (29 days)
2013/05/06 1000e -> received on 2013/07/23 (78 days)
2013/05/07 1200e -> Waiting ...
2013/05/15 2000e -> Waiting ...
zeroblock
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July 23, 2013, 06:24:02 PM
 #324

So there are still a bunch of SEPA Euro wires that haven't been processed since May?!
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July 23, 2013, 06:59:05 PM
 #325

So there are still a bunch of SEPA Euro wires that haven't been processed since May?!

According to my information Gox can pay only 60,000 euros a month. But we all get our money in the last two weeks.

Does anyone know where the current limit of this Polish bank is?

It's all very mysterious. A little bit more communication would be really nice.

bitcodo
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July 23, 2013, 07:03:46 PM
 #326

According to my information Gox can pay only 60,000 euros a month.

You must be joking. This is 2k€ per day. I can withdraw 500€ a day on ATM.
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July 23, 2013, 07:06:51 PM
 #327

You must be joking. This is 2k€ per day. I can withdraw 500€ a day on ATM

From You Gox Account?  Huh
No. From my personal banking account.
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July 23, 2013, 07:07:50 PM
 #328


No. From my personal banking account.


useless discussion

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July 23, 2013, 07:10:33 PM
 #329


No. From my personal banking account.


useless discussion

You don't get the point.
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July 23, 2013, 08:18:49 PM
 #330

Nothing here yet, may 10...

Sign up for the REWARDMOB ICO and receive 100 RMOB for free! Use the referral 8MIFS57P
https://ticketsale.rewardmob.com
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July 24, 2013, 12:43:35 AM
 #331

An Euro SEPA withdrawal newly arrived !!!
This is my datas updated :
2013/05/04  745e -> received on 2013/05/07 (3 days)
2013/05/05 1000e -> received on 2013/06/03 (29 days)
2013/05/06 1000e -> received on 2013/07/23 (78 days)
2013/05/07 1200e -> Waiting ...
2013/05/15 2000e -> Waiting ...

(my emphasis)

I am not defending MtGox but how can multiple withdrawals like this achieve anything but clog up their admin system, and cost you more?
Why not combine withdrawals, even if you are on-forwarding amounts to others then do that via internet banking afterwards.

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July 24, 2013, 06:08:16 AM
 #332

So I have been waiting 20 days now for 3 separate international wire withdrawals to be processed. I have a ticket open with support and at first told a week to process (AUD), then after a week told 2 weeks and now the ticket is not being responded to at all.

 I'm really getting concerned here waiting for my $$ to land :/ Am I ever going to see real money back? Anyone getting any $ out of MtGox recently?
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July 24, 2013, 06:13:15 AM
 #333

So I have been waiting 20 days now for 3 separate international wire withdrawals to be processed. I have a ticket open with support and at first told a week to process (AUD), then after a week told 2 weeks and now the ticket is not being responded to at all.

 I'm really getting concerned here waiting for my $$ to land :/ Am I ever going to see real money back? Anyone getting any $ out of MtGox recently?


The fact that problems are reported with currencies like AUD is a lot more worrying than USD withdrawals drying up. At least the reason for the USD problems are known. But why they can't send AUD is a total mystery.

The answer is to cancel the transfer, buy coins and shift them to a local site in Australia to sell for AUD.

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July 24, 2013, 07:22:57 AM
 #334

Got thru to chat.... then she left without any warning...


Nancy has joined the room
Nancy
Welcome to Mt.Gox Live Chat Support
racerx
Account txfr
racerx
Hi Nancy
Nancy
Hello racerx
Nancy
How could i assist you today?
racerx
I would like to discuss #****** with you a bit further please.
racerx
I have been involved in a number of community discussions and have grave concerns about my "confirmed" transactions
Nancy
Could you please wait till I check on this
racerx
as it seems I am one of many many individuals who cannt get a firm update on the status of withdrawals
Nancy
The withdrawals are in queue to be processed
racerx
Ok, it has been 20 days in the queue now. When I first spoke with you it was indicated that I should wait a week to see the transaction processed.
racerx
Then after a week you indicated that I would need to wait 2 weeks...
Nancy
The increased volumes of withdrawals has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers.
Nancy
Our team is working hard to increase transaction speeds, but there is approximately a two-week back-log we need to overcome.
racerx
you blamed the hiatus on USD transactions as causing this delay, though the Official statement from MtGox says that ONLY USD transactions were affected, and other currencies were processed as usual.
racerx
Now it has been 20 days...
Nancy
It will take a few weeks to get back to normal
racerx
A few weeks more than the few more it has already been? Can you see my cause for concern?
racerx
THere are wide reports that many users have been waiting months already! https://bitcointalk.org/index.php?topic=179586.320
racerx
How quickly can you return the funds to my mtgox account so I can convert to btc and leave?
Nancy
Confirm us to cancel the withdrawals so intantly the funds will be in your mt gox account
racerx
I had them in USD, paid a commission to convert to BTC then to AUD to work around the hiatus... now I have to pay you again to convert back to BTC
racerx
This is an unworkable situation... can you pleas supply me with an accurate time estimate for the withdrawal
Nancy
Sorry for that. Right now we would not be able to provide ETA
Nancy has left the room
suryc
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July 24, 2013, 07:31:51 AM
 #335

Got thru to chat.... then she left without any warning...


Nancy has joined the room
Nancy
Welcome to Mt.Gox Live Chat Support
racerx
Account txfr
racerx
Hi Nancy
Nancy
Hello racerx
Nancy
How could i assist you today?
racerx
I would like to discuss #****** with you a bit further please.
racerx
I have been involved in a number of community discussions and have grave concerns about my "confirmed" transactions
Nancy
Could you please wait till I check on this
racerx
as it seems I am one of many many individuals who cannt get a firm update on the status of withdrawals
Nancy
The withdrawals are in queue to be processed
racerx
Ok, it has been 20 days in the queue now. When I first spoke with you it was indicated that I should wait a week to see the transaction processed.
racerx
Then after a week you indicated that I would need to wait 2 weeks...
Nancy
The increased volumes of withdrawals has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers.
Nancy
Our team is working hard to increase transaction speeds, but there is approximately a two-week back-log we need to overcome.
racerx
you blamed the hiatus on USD transactions as causing this delay, though the Official statement from MtGox says that ONLY USD transactions were affected, and other currencies were processed as usual.
racerx
Now it has been 20 days...
Nancy
It will take a few weeks to get back to normal
racerx
A few weeks more than the few more it has already been? Can you see my cause for concern?
racerx
THere are wide reports that many users have been waiting months already! https://bitcointalk.org/index.php?topic=179586.320
racerx
How quickly can you return the funds to my mtgox account so I can convert to btc and leave?
Nancy
Confirm us to cancel the withdrawals so intantly the funds will be in your mt gox account
racerx
I had them in USD, paid a commission to convert to BTC then to AUD to work around the hiatus... now I have to pay you again to convert back to BTC
racerx
This is an unworkable situation... can you pleas supply me with an accurate time estimate for the withdrawal
Nancy
Sorry for that. Right now we would not be able to provide ETA
Nancy has left the room

With service like this I don't know why anyone is still using mtGox. With bitstamp, my deposits and withdrawals by international wire have taken AT MOST 72 hours.

.
PLAY
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racerx
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July 24, 2013, 07:39:14 AM
 #336

Totally outrageous. Going to cost me ~US$450 in commission to keep converting this stuff around to try and exit. Wait another 2 weeks?... FFS!
bystander
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July 24, 2013, 07:56:00 AM
 #337

^I hear you, it's expensive to deal with these fees but I've it up to here.

Tired of having fiat that can't be moved via wire, I finally converted everything to btc's and sent them to Coinbase. 
The difference in exchange rates + fees from MtG/CB will cost well over a thousand in US dollars for this transaction, but rather
than wait another Two Weeks™ (this gets thrown around a lot) since the beginning of June, the premium will be worth it to my sanity.
racerx
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July 24, 2013, 08:14:03 AM
 #338

yup, I didnt even factor in new fees at another exchange. will be around $1k for me too. That is is I can get them on support again to release my funds.
smoothie
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July 24, 2013, 09:58:47 AM
 #339

Got thru to chat.... then she left without any warning...


Nancy has joined the room
Nancy
Welcome to Mt.Gox Live Chat Support
racerx
Account txfr
racerx
Hi Nancy
Nancy
Hello racerx
Nancy
How could i assist you today?
racerx
I would like to discuss #****** with you a bit further please.
racerx
I have been involved in a number of community discussions and have grave concerns about my "confirmed" transactions
Nancy
Could you please wait till I check on this
racerx
as it seems I am one of many many individuals who cannt get a firm update on the status of withdrawals
Nancy
The withdrawals are in queue to be processed
racerx
Ok, it has been 20 days in the queue now. When I first spoke with you it was indicated that I should wait a week to see the transaction processed.
racerx
Then after a week you indicated that I would need to wait 2 weeks...
Nancy
The increased volumes of withdrawals has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers.
Nancy
Our team is working hard to increase transaction speeds, but there is approximately a two-week back-log we need to overcome.
racerx
you blamed the hiatus on USD transactions as causing this delay, though the Official statement from MtGox says that ONLY USD transactions were affected, and other currencies were processed as usual.
racerx
Now it has been 20 days...
Nancy
It will take a few weeks to get back to normal
racerx
A few weeks more than the few more it has already been? Can you see my cause for concern?
racerx
THere are wide reports that many users have been waiting months already! https://bitcointalk.org/index.php?topic=179586.320
racerx
How quickly can you return the funds to my mtgox account so I can convert to btc and leave?
Nancy
Confirm us to cancel the withdrawals so intantly the funds will be in your mt gox account
racerx
I had them in USD, paid a commission to convert to BTC then to AUD to work around the hiatus... now I have to pay you again to convert back to BTC
racerx
This is an unworkable situation... can you pleas supply me with an accurate time estimate for the withdrawal
Nancy
Sorry for that. Right now we would not be able to provide ETA
Nancy has left the room

Wow just wow.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
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           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
stereotype
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July 24, 2013, 10:31:35 AM
 #340



I will second those wow's.

Big news regarding Gox soon, i would have thought.
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