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Author Topic: MtGox withdrawal delays [Gathering]  (Read 877048 times)
Zarathustra
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February 15, 2014, 09:33:19 AM
 #4201


It is interesting the goxBTC is trading at only 50-60% of bsBTC. Have you thought about the following scenario:

I think they are just too stupid to fix the problem within the same timeframe as the other exchanges are able to.
As soon as they are, the price will jump onto the level of bitstamp or higher again. If I had FIAT there I would buy GOX-BTCs now.
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vints998
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February 15, 2014, 09:36:13 AM
 #4202

Fresh statement posted at Gox, in case you have not seen it yet.
medialab101
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February 15, 2014, 10:11:47 AM
 #4203

~175 coins just dumped on Gox at $337... who are these ppl?
whave
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February 15, 2014, 10:20:08 AM
 #4204

There seems to be good news everywhere that Gox will resume BTC TX soonish. Any scenario where this could not happen? Unless Gox is developing a huge scam, TX should resume soon, right?
All winds blow to they will be back on track very soon   Wink
Source for the good news?
They changed my 7 jan SEPA withdraw status to pending , i see this as a sign like: let us clean the house before opening the btc gates, and whoever ask for fiat should now deposit new fresh money if wants to buy our cheap btc !
I think you talk BS... my SEPA from 3 Jan. is still on 'confirmed'.

I also requested a small withdraw (160+€) on 27th Jan. and its status changed from 'confirmed' to 'pending', it's not bullshit. Still it's small amounts and only information, I guess queue is processing but it's definitly only some information, not a "MtGox is solvent and cool" statement. Plus this thread name is "MtGox withdrawal delays [Gathering]" so don't be mad if people are posting their story about their withdrawals...

Edit : btw, remember BTC withdrawals and Fiat ones are not related

wow! finally some improvements! i got one SEPA withdrawal since 29th, still confirmed, but the amount is larger.
i'll keep you posted

Yeah I got 1K EUR confirmed since the 29th as well. Who will get it first? Grin
whave
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February 15, 2014, 10:28:55 AM
 #4205

~175 coins just dumped on Gox at $337... who are these ppl?

maybe ppl who bought it for $70 and don't f*ing care anymore Smiley
el_rlee
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February 15, 2014, 10:32:00 AM
 #4206

rpietila, you should kiss sturle's feet for having pending USD withdrawals on Mt.Gox now which you can cancel and buy the absolute cheapest Bitcoin on the market with. (And hopefully withdraw them soon, but risk is your middle name anyways...)
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February 15, 2014, 10:45:27 AM
 #4207

rpietila, you should kiss sturle's feet for having pending USD withdrawals on Mt.Gox now which you can cancel and buy the absolute cheapest Bitcoin on the market with. (And hopefully withdraw them soon, but risk is your middle name anyways...)

don't talk to him, he might sue ya after telling you how you assisted mtgox in committing a federal crime, as any good murcan would do.
viajero
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February 15, 2014, 10:47:38 AM
 #4208

rpietila, you should kiss sturle's feet for having pending USD withdrawals on Mt.Gox now which you can cancel and buy the absolute cheapest Bitcoin on the market with. (And hopefully withdraw them soon, but risk is your middle name anyways...)


he payed a premium, to get his BTCs out of gox. thats why he is pissed and calling everyone a criminal who refuses to spread FUD about gox being insolvent. he could have trippled his money, if he just believed the facts instead of the FUD. poor guy! Wink

when you read his last post, you can see that he has one last hope: gox is indeed insolvent and nobody will get out his BTCs which would justify his actions. he will have a big disapointment soon...
FrictionlessCoin
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February 15, 2014, 12:00:51 PM
 #4209

Video on Mt.Gox Protest:

http://www.youtube.com/watch?v=ob9Ak1t09Ao#t=198

The CEO was asked point blank if he could get his money back or if there are any Bitcoins left.

The CEO could not answer.

The latest Mt.Gox press release says that you can now deposit Bitcoin, but not withdraw.





barryliu
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February 15, 2014, 12:08:03 PM
 #4210


It looks like the withdrawal of BTCs will be resolved soon (still speculative though).

For me personally, the second issue is pretty much irrelevant, bc I will get my BTCs out of there as soon as I can and never work with Gox again. And I will never be able to take Gox to court for the loss I incurred with this (my time and paying lawyers will be more expensive than the money I could get ever back).
As I can't fix that problem, it stops being a problem for me. Even if personally I am very pissed with them and I am sure many people are incredibly angry with them due to the large amount of financial losses.

I can sleep better tonight.



we need a website, all of us get together and send MT to the court!!!!
kalle_k
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February 15, 2014, 12:53:18 PM
 #4211

I made a withdrawal of 100 € on 11.02 to test current SEPA transfers from Mtgox and as I just noticed, the money was transfered to my bank yesterday. So no problem at least with smaller amounts of €.
barryliu
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February 15, 2014, 01:02:07 PM
 #4212

I made a withdrawal of 100 € on 11.02 to test current SEPA transfers from Mtgox and as I just noticed, the money was transfered to my bank yesterday. So no problem at least with smaller amounts of €.

100 €??? you can try again within 20 days, if it can through, it is a good news!


by the way, it is 11 feb or 02 nov?
TheFootMan
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February 15, 2014, 01:05:36 PM
 #4213

I made a withdrawal of 100 € on 11.02 to test current SEPA transfers from Mtgox and as I just noticed, the money was transfered to my bank yesterday. So no problem at least with smaller amounts of €.

Smaller amounts usually go faster, while larger amounts usually takes longer from what I've learned.
igorr
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February 15, 2014, 01:06:24 PM
 #4214

We have general problem with bitcoin price,
Bitstamp is resolve problems with withdraw, but the price continues to fall !

https://www.bitstamp.net/article/Bitcoin-withdrawals-are-once-again-fully-automated/

Why ?

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
mike81
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February 15, 2014, 01:20:03 PM
 #4215

We have general problem with bitcoin price,
Bitstamp is resolve problems with withdraw, but the price continues to fall !

https://www.bitstamp.net/article/Bitcoin-withdrawals-are-once-again-fully-automated/

Why ?

There's never a real reason but i guess fear of Gox not fixing their issues and a lot of btc stolen from the new silk road has something to do with it.
Maybe also some people trying to arbitrage selling BTC on exchanges that work and buying them on Gox, though that sounds risky and i'm not sure how well fiat deposits to Gox work atm.
Slab Squathrust
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February 15, 2014, 01:38:06 PM
 #4216


There's never a real reason but i guess fear of Gox not fixing their issues and a lot of btc stolen from the new silk road has something to do with it.


I wouldn't be surprised if whoever got their hands on the new silk road's bitcoins are trying to offload at least some of them.  Their haul has lost about 50% of its value in the last few days.
kalle_k
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February 15, 2014, 02:34:42 PM
 #4217

I made a withdrawal of 100 € on 11.02 to test current SEPA transfers from Mtgox and as I just noticed, the money was transfered to my bank yesterday. So no problem at least with smaller amounts of €.

100 €??? you can try again within 20 days, if it can through, it is a good news!


by the way, it is 11 feb or 02 nov?
11 Feb.
donk4u
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February 15, 2014, 07:03:03 PM
Last edit: February 15, 2014, 07:15:34 PM by donk4u
 #4218

 whats to stop gox at buying bitcoins at its low rates and selling off on other exchanges ? just wondering
jack0m
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February 15, 2014, 07:07:29 PM
 #4219

o
I made a withdrawal of 100 € on 11.02 to test current SEPA transfers from Mtgox and as I just noticed, the money was transfered to my bank yesterday. So no problem at least with smaller amounts of €.

100 €??? you can try again within 20 days, if it can through, it is a good news!


by the way, it is 11 feb or 02 nov?
11 Feb.

wtf, they must be using some crappy "small stones first" algorithm, that's utterly unfair!
I have two withdrawals for 1,000 Eur each and the last one for 10,000: how long am I supposed to wait if they use such bs system??
And it's been more than 6 weeks since the very first one (Jan 2nd), it's a shame it's still "confirmed" while they process requests submitted one month later!  Angry

Money is a hoax. Debt is slavery. Consumerism is toxic.
Tzupy
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February 15, 2014, 07:10:23 PM
 #4220

The BTC withdrawal on MTGox has switched to this message:

Identification required to access private API

Does this mean that the withdrawals work, but only for internal testing by developers?

Sometimes, if it looks too bullish, it's actually bearish
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