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Author Topic: MtGox withdrawal delays [Gathering]  (Read 857957 times)
CurbsideProphet
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August 10, 2013, 08:37:02 PM
 #541


I will also file a complaint with the SEC, and then close my account at MtGox , too.
Do you really think filing a complaint will help speed up withdrawals?
Not at all. I will be doing this as a matter of principle.
I and other customers would be grateful if you could wait until their banking problems are solved.  If it isn't helping, don't.

Well, if the consensus is that it won't help the majority of bitcoiners , I will hold off with the complaint.

I don't see a consensus, I see one person trying to speak for the whole.  I would file a complaint with the SEC if I were you.  I would do it myself if I had any funds with MtGox but I saw this coming before the Dwolla shutdown.

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Nagle
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August 10, 2013, 09:01:16 PM
 #542

Quote from: CurbsideProphet
I don't see a consensus, I see one person trying to speak for the whole.  I would file a complaint with the SEC if I were you.  I would do it myself if I had any funds with MtGox but I saw this coming before the Dwolla shutdown.
Good point. If Mt. Gox is going broke, it's better to know sooner than later.

Mt. Gox is now almost two months behind on USD withdrawals. None of their lame excuses are credible at this point. In the real brokerage world, you get three days behind and the hammer comes down. It's time to end this farce.
Alpaca Bob
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August 11, 2013, 10:26:32 AM
 #543

Are Japanese domestic bank transfers also late?

There's a chatlog floating around which says no.

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August 11, 2013, 11:17:39 AM
 #544

Are there people here who actually have Japanese bank accounts and can confirm that there are no issues withdrawing to them?

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August 11, 2013, 02:10:20 PM
 #545

Are there people here who actually have Japanese bank accounts and can confirm that there are no issues withdrawing to them?


it is somewhere in this thread (if i remember right), someone saying they get them next day

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August 11, 2013, 03:22:17 PM
 #546

Not as long as people are still receiving their wires, and there are steady reports from people receiving their wires.
What? no-one has received a USD wire since early June.
Really?

So he managed to produce screenshots to earn a prize. Why was his USD wire requested on 4 July processed when requests more than two weeks older still haven't been processed?

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August 11, 2013, 03:44:32 PM
 #547

Are there people here who actually have Japanese bank accounts and can confirm that there are no issues withdrawing to them?


it is somewhere in this thread (if i remember right), someone saying they get them next day

I went through the entire thread and haven't found anything non-vague...

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August 11, 2013, 04:58:53 PM
 #548

Are there people here who actually have Japanese bank accounts and can confirm that there are no issues withdrawing to them?


it is somewhere in this thread (if i remember right), someone saying they get them next day

I went through the entire thread and haven't found anything non-vague...


i cannot find it at the moment either but i know i read it a day or 2 ago

however there is a more recent thread where a user is claiming the same

https://bitcointalk.org/index.php?topic=271071.msg2904261#msg2904261

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August 11, 2013, 06:36:14 PM
 #549

Not as long as people are still receiving their wires, and there are steady reports from people receiving their wires.
What? no-one has received a USD wire since early June.
Really?
So he managed to produce screenshots to earn a prize. Why was his USD wire requested on 4 July processed when requests more than two weeks older still haven't been processed?
Probably smaller withdrawals (queue is largest first) or withdrawals involving Citbank (blocking, returning, etc).

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August 11, 2013, 06:52:53 PM
 #550

I and other customers would be grateful if you could wait until their banking problems are solved.  If it isn't helping, don't.
Well, if the consensus is that it won't help the majority of bitcoiners , I will hold off with the complaint.
I don't see a consensus, I see one person trying to speak for the whole.  I would file a complaint with the SEC if I were you.  I would do it myself if I had any funds with MtGox but I saw this coming before the Dwolla shutdown.
So you are not a customer.  You are not entitled to vote.

Why do you think the U.S. government have any interest in solving the problem after all they've done to create it?  If you are an enemy of Bitcoin and want to make trouble for alternative exchanges as well, SEC is the way.  Bitstamp can be closed any time due to obvious breach of an EU directive.  Bitfinex do their trading at Bitstamp and will go down the same drain.  What are we left with then?  Do you want to trust your money with BTC-E?  An exchange in China, perhaps?

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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August 11, 2013, 08:18:36 PM
 #551

Why do you think the U.S. government have any interest in solving the problem after all they've done to create it?  If you are an enemy of Bitcoin and want to make trouble for alternative exchanges as well, SEC is the way.  Bitstamp can be closed any time due to obvious breach of an EU directive.  Bitfinex do their trading at Bitstamp and will go down the same drain.  What are we left with then?  Do you want to trust your money with BTC-E?  An exchange in China, perhaps?
Everybody should keep quiet about the emperor having no clothes, because it's the only one we've got?
MinerLT
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August 11, 2013, 08:35:42 PM
 #552

how long time took from mtgox to okpay? anyone know?

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August 11, 2013, 09:07:31 PM
 #553

how long time took from mtgox to okpay? anyone know?
You can't withdraw to okpay nowadays.
MinerLT
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August 11, 2013, 09:15:34 PM
 #554

wtf i have that option  Huh

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August 11, 2013, 09:28:46 PM
 #555

Why do you think the U.S. government have any interest in solving the problem after all they've done to create it?  If you are an enemy of Bitcoin and want to make trouble for alternative exchanges as well, SEC is the way.  Bitstamp can be closed any time due to obvious breach of an EU directive.  Bitfinex do their trading at Bitstamp and will go down the same drain.  What are we left with then?  Do you want to trust your money with BTC-E?  An exchange in China, perhaps?
Everybody should keep quiet about the emperor having no clothes, because it's the only one we've got?
Read again.

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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August 12, 2013, 03:10:44 AM
 #556

It seems that it is very important to establish the reliability of Japanese withdrawals as it is a critical indicator of liquidity.

It would be great if more people who are withdrawing via domestic transfers to Japanese bank accounts could comment here on the amounts (approx) and delays on their withdrawals.




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August 12, 2013, 05:00:35 AM
 #557

It's not MtGox's fault! They are just a completely innocent victim of US govt!

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02:42 < cyro432> I am aware of a number of delayed wire transfers over 3 weeks old
02:42 <@MagicalTux> cyro432: not much we can do right now because of US govt



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August 12, 2013, 05:46:25 AM
 #558

02:42 < cyro432> I am aware of a number of delayed wire transfers over 3 weeks old
02:42 <@MagicalTux> cyro432: not much we can do right now because of US govt

At this point, you have to assume that any statement from Mt. Gox is a lie. They've been issuing contradictory excuses for two months now.

It's time to ask the US SEC and the Japan Financial Services Agency to take action to audit Mt. Gox, and shut them down and arrest their management if customer funds are missing. That will prevent the people behind Mt. Gox from running off with the assets.
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August 12, 2013, 06:58:20 AM
 #559

I don't think that Mt Gox has lost customer funds, based on conversations I've had with the operator of a business that has worked closely with them. I think the delays are entirely caused by US banks and financial regulators making life difficult for them and their partner bank.

On the other hand, I have no way of independently verifying the information I've received and no one reading this has any reason to believe me.
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August 12, 2013, 07:12:29 AM
 #560

Still no sign of my japanese domestic wire that went out thursday.

So far I've got a bunch of pending USD wires to USA (since june 17th).

I have pending SEPA transfers to Poland (one 100 EUR test transfer went through in one day, but the larger transfers have been waiting weeks now).

I have several pending SWIFT transfers of GBP and EUR to Polish and US accounts.

I have a pending domestic PLN transfer from MtGox's polish accounts to my polish account (this should be nearly instant).


The US govt should have absolutely nothing to do with receiving a domestic polish transfer (gox has holding accounts with a polish bank) nor should the US govt have any impact on mtgox's ability to make a domestic japanese transfer.

If this is the only empire we can have, i'm not so sure i'm interested.

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