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Author Topic: MtGox withdrawal delays [Gathering]  (Read 877234 times)
sturle
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February 12, 2014, 06:49:39 PM
 #4021

of course its criminal not halting the exchanges, if they are not able to fullfill their purpose anymore !
the income - stream of fees and insider trader has to be cut off until the service is fully fixed !
problem is that there isn´t even a fax - number available to start a legal ToS fullfillment request and enforcement...
or does anybody know where to look it up ?
Fax!?  The year is 2014 now, not 1994.

MtGox has e-mail and snailmail addresses published on their website.  I don't think Bitstamp or BTC-E have published a fax number either.  You are going to sue them as well, right?  None of them have suspended trading after halting bitcoin withdrawals.

Quote from: MtGox ToS
due to the inherent nature of the Bitcoin network, Buyers acknowledge and agree that withdrawing, depositing or otherwise receiving Bitcoins into their account may take between one (1) hour and twenty-four (24) hours, barring unforeseen or unavoidable network issues

They will probably claim this is an unforeseen network issue.  I don't see any mention in their ToS allowing them to shut down trading when bitcoin or bank transfers are impossible.  Perhaps you can guide me to it?

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.
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sturle
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February 12, 2014, 06:52:05 PM
 #4022

I heard today on irc by delirium that sepa now take 4 weeks, although some report 6 weeks waiting time and counting.
6 weeks?  Where?  I am waiting for one from January 4th myself, which is 4-5 weeks ago.  Hope to have it this week, but not sure.

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
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February 12, 2014, 06:56:47 PM
 #4023

Im guessing never and if gox opens withdrawls to wallets I am guessing they will do it only if bitcoin crashes to 50 or 100 usd. The good news is they will in the interim let people like plus one man trade at .50 on the dollar though for anyone that has large amounts of bitcoins stuck
Is it possible for them to allow BTC withdraws once the price crashes to 50 or 100USD? how would that work?
In exactly the same way as when the price was 0.1 USD, 1 USD, 10 USD, 100 USD or 1000 USD.  The functionality of the bitcoin network does not depend on the price people choose to sell their bitcoins for.

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.
alfabitcoin
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February 12, 2014, 06:56:55 PM
 #4024

I heard today on irc by delirium that sepa now take 4 weeks, although some report 6 weeks waiting time and counting.
6 weeks?  Where?  I am waiting for one from January 4th myself, which is 4-5 weeks ago.  Hope to have it this week, but not sure.
On gox irc channel i heard it, is that 6 weeks coplain geniue or not i dont know. Think that majority got trough around 5 weeks.
dudel42
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February 12, 2014, 07:31:36 PM
 #4025

re SEPA withdrawals: my withdrawal from Jan 2nd is still confirmed, I guess there must have been a lot of withdrawals on Dec 31/Jan 01 -- or the withdrawals are slowing down... don't know. will definitely post once the status changes still hoping for this week.
sturle
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February 12, 2014, 07:43:39 PM
 #4026

re SEPA withdrawals: my withdrawal from Jan 2nd is still confirmed, I guess there must have been a lot of withdrawals on Dec 31/Jan 01 -- or the withdrawals are slowing down... don't know. will definitely post once the status changes still hoping for this week.
A lot of SEPA withdrawals on Dec 31 and Jan 1 makes sense.  Some wants to withdraw money just before the end of the year to hide the money "in flight" when the year changes (for tax reasons, e.g. capital tax) and other people want to keep their money there until 2014 for other tax reasons (e.g. avoiding capital gains tax in some cases).  In Europe the fiscal year typically follows the calendar year, with a few exceptions.

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.
alfabitcoin
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February 12, 2014, 07:46:54 PM
 #4027

re SEPA withdrawals: my withdrawal from Jan 2nd is still confirmed, I guess there must have been a lot of withdrawals on Dec 31/Jan 01 -- or the withdrawals are slowing down... don't know. will definitely post once the status changes still hoping for this week.
A lot of SEPA withdrawals on Dec 31 and Jan 1 makes sense.  Some wants to withdraw money just before the end of the year to hide the money "in flight" when the year changes (for tax reasons, e.g. capital tax) and other people want to keep their money there until 2014 for other tax reasons (e.g. avoiding capital gains tax in some cases).  In Europe the fiscal year typically follows the calendar year, with a few exceptions.
True, however that only counts when funds hit your bank, not when you requested it from mtgox  Smiley
MrWr1TeR
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February 12, 2014, 07:52:50 PM
 #4028

Still waiting on my SEPA withdrawal from 3 January...
raskul
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February 12, 2014, 07:54:30 PM
 #4029

Still waiting on my SEPA withdrawal from 3 January...

2012?  Cool

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
mike81
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February 12, 2014, 08:00:47 PM
 #4030

Bitstamp issued a statement saying BTC withdrawals and deposits we suspended. I had an incoming transaction which has been processed 2 hours ago. Did they fix their issues?
donk4u
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February 12, 2014, 09:32:34 PM
 #4031

So ridiculous the whole episode. They stuck my withdrawls 2 weeks . The say they are making an announcement on Monday give some bogus statement with no comment regarding when freeing up withdrawls. They are so done who would ever trust these clowns again. I guess that is all they had to do blame bitcoin protocol and they are off the hook in their eyes.
alfabitcoin
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February 12, 2014, 10:06:13 PM
 #4032

So ridiculous the whole episode. They stuck my withdrawls 2 weeks . The say they are making an announcement on Monday give some bogus statement with no comment regarding when freeing up withdrawls. They are so done who would ever trust these clowns again. I guess that is all they had to do blame bitcoin protocol and they are off the hook in their eyes.

Its about ( not) loosing face. Issue is realted to malleabillity but not quite the same.

User opet started a thread broken tx on 26. Jan what then had 200 broken tx and rising rapidly.
Mtgox first statemant about it was 31. Jan saying they have issues but only small number. Broken tx were at that time around 1800.
Mtgox 2nd statemant was 4. Feb saying basicly the same as earlier but just that they credited back broken transaction.
And then withdraw suspension stateman was at 7. Feb saying that withdraw need to be in static state so they could find out ehat is going on.
And most recent on 10. Feb decalring it malleabillity issue and bitcoin bug and waiting for proposed solution approval of core dev.

Yap, they are pretty damn fast!!
zyk
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February 12, 2014, 10:07:14 PM
 #4033

Bitstamp issued a statement saying BTC withdrawals and deposits we suspended. I had an incoming transaction which has been processed 2 hours ago. Did they fix their issues?



the network just is fine at every exchange for all incoming coins.......as it always was when pirate blubbered with his

cronies in IRC Grin      the regulators are starting to want to see their books....BTC - wallets included...thats where the

excuses will come from next.....
zyk
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February 12, 2014, 10:14:11 PM
 #4034

re SEPA withdrawals: my withdrawal from Jan 2nd is still confirmed, I guess there must have been a lot of withdrawals on Dec 31/Jan 01 -- or the withdrawals are slowing down... don't know. will definitely post once the status changes still hoping for this week.
A lot of SEPA withdrawals on Dec 31 and Jan 1 makes sense.  Some wants to withdraw money just before the end of the year to hide the money "in flight" when the year changes (for tax reasons, e.g. capital tax) and other people want to keep their money there until 2014 for other tax reasons (e.g. avoiding capital gains tax in some cases).  In Europe the fiscal year typically follows the calendar year, with a few exceptions.


hat off to you Mr. Sturle....always able to ratify your whisteling in the dark....as you really must have a bit at stake

now  Wink
zyk
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February 12, 2014, 10:20:24 PM
 #4035

by the way e -mail snail -mail  irc new millenium tekkno fuck is not yet accepted by the jurists as a matter of proof !

You can ask me once you need the adress where to send to your registered letter  Wink
itsunderstood
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February 12, 2014, 10:35:45 PM
 #4036

by the way e -mail snail -mail  irc new millenium tekkno fuck is not yet accepted by the jurists as a matter of proof !

You can ask me once you need the adress where to send to your registered letter  Wink

I have suggested Superjury(tm) on other forums on Ye Internetes.  It involves voting in real time, as jurists in a COTUS approved Grand Jury setting, to reinstate real (non debauchable) money as per the COTUS.  Well, I mean, every nation has a debt agreement called a "Constitution" so as an American, I am saying our Constitution specifies specie (true bullion coins), so crypto can also be seen as COTUS approved, if it involves a vote simultaneously as a pruchase.  In essence, the future of crypto, is to vote and buy at the same time. 

Search the web for Superjury(tm) and you'll find my ideas.  But yeah yo are right, FAX transmission is accepting by some court clerks, whereas emails and scans and PDFS of birth certificates require negotiations with inside people.  It's not easy to exist without a legit birth certificate but some of the top power movers exist on that level.

Check out my prescient ATS thread from 2008: "Windows XP: End the Cyberwar, Open the Code Now!" http://www.abovetopsecret.com/forum/thread411978/pg1
raymo23
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February 12, 2014, 10:52:49 PM
 #4037

Okay, and why do you use MtGox still.
sturle
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February 12, 2014, 10:55:49 PM
 #4038

You can ask me once you need the adress where to send to your registered letter  Wink
I don't need to ask.  Their address is on the bottom on this page, and I know they accept registered letters (use FedEx instead, it is usually faster and cheaper): https://support.mtgox.com/entries/21651045-AML-Account-Statuses

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
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February 12, 2014, 10:58:16 PM
 #4039

Okay, and why do you use MtGox still.
Decent APIs, only well functioning multi-currency exchange, very good arbitrage vs other exchanges and a deep order book.  To sum it up: Profit.

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.
pedro82
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February 12, 2014, 11:24:48 PM
 #4040

 

Quote from: Savior

Guess I will flamed for this and accused for all sort of bullshit, but I still recieve euro from mtgox, last one 04. februar. The one before that was 15 January so less then the 20 days even.

Quote from: pedro82
Well Savior said that he received Eur at 15 Jan and 4 Feb which i doubt because it's second transfer should be confirmed after 15 Jan , and as we know several people had confirmed sepa from earlier, me included, and nothing yet.

Savior : if o see this post tell us when did ask your 4 Feb transfer .
tks


Quote from: Savior
It was requested December 02 - 2013

I really want to believe you but at Dec. 2013 they where taking 4-6 weeks to process withdraws.

My guess is just that they also halted or decreased sharply SEPA transfers, although they state the opposite!
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