MtGox withdrawal delays [Gathering]

[wingding]

One of my withdrawals arrived today. This was, however, the last one I did. Two still remains (which was executed prior to the one I received).

Interesting. Anybody else? Was it USD?

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[OhShei8e]

Hey everybody. My withdrawal from MtGox in Euros via SEPA is heavily delayed. It has been "confirmed" (e.g. cued for execution) for 14 days now. I complained and demanded a cancellation to rebuy bitcoins and sell them on Bitstamp or alike. They refused that and told me to wait "just a little longer" as the transfer is "in the middle of being processed" by their bank (which I find a completely inadequate and unprofessional - if not childish - description of whatever is happening to the transaction right now). I consider this as unacceptable. I wanted to share this experience with other users here so they are warned when considering using MtGox to sell their BTC for Euro. If you had comparable experience please share.

My SEPA Withdrawal arrived today (950€). 

[Spaceman_Spiff]

My SEPA Withdrawal arrived today (950€).  

When did you initiate it?

[OhShei8e]

My SEPA Withdrawal arrived today (950€).  

When did you initiate it?

4th of June.
This year. 

[zeroblock]

So EUR SEPA wire are trickling out, still no USD? 

[Spaceman_Spiff]

My SEPA Withdrawal arrived today (950€).  

When did you initiate it?

4th of June.
This year. 

SEPA withdrawal queue seems so completely random... 

[cedivad]

SEPA withdrawal queue seems so completely random...

It interestingly resemble avalon.

[TimJBenham]

So EUR SEPA wire are trickling out, still no USD? 

My withdrawal of 13 June still not processed.

[dlasher]

Still waiting.. 2nd week of June here..

[klaus]

My SEPA Withdrawal arrived today (950€). 

I can confirm what OhShei8e says. I tested SEPA with 500 Euro.

Send 2013/07/17



Incoming 2013/07/18




I think SEPA is different than international wire because as you can see, SEPA comes from mtgox Poland Account.

[OhShei8e]

So EUR SEPA wire are trickling out, still no USD? 

My withdrawal of 13 June still not processed.

You are talking about USD withdrawals, see your own post:

https://bitcointalk.org/index.php?topic=248417.msg2759285#msg2759285

We talking about SEPA/EUR Withdrawals.

[horsebox1]

I had SEPA withdrawals as far back as 14th May sitting there 'confirmed', support do nothing. I was advised to cancel and re-withdraw as international wire transfer so i did two weeks ago, now waiting again.

The 'up to June' statement is complete bullshit, they arent doing it chronologically at all.

[MarKusRomanus]

Still waiting on a USD wire transfer from 2013/06/13.  I think it has always had the status "confirmed"

[OhShei8e]

I had SEPA withdrawals as far back as 14th May sitting there 'confirmed', support do nothing.

SEPA Withdrawals stuck until yesterday.

I was advised to cancel and re-withdraw as international wire transfer so i did two weeks ago, now waiting again.

If you had not canceled the SEPA withdrawal and waited until yesterday, you would have most likely your money now.

The 'up to June' statement is complete bullshit, they arent doing it chronologically at all.

Then cancel it and go back to SEPA.

Do you really need the money so badly? I have lifted my entire operating from Gox since April by simply waiting for. On my last withdrawal I have been waiting six weeks. I would have waited even three months. I think without all the support requests of nervous people Gox had already done everything.

[zeroblock]

Do you really need the money so badly? I have lifted my entire operating from Gox since April by simply waiting for. On my last withdrawal I have been waiting six weeks. I would have waited even three months. I think without all the support requests of nervous people Gox had already done everything.

"Why do you really need your money so badly?"  I'm sorry, but those individuals are entitled to have their money released to them in a timely fashion.  What if your employer said "Why do you need your paycheck so badly?"  And what if they kept lying to you about the date you were to receive your check? 

What a ridiculous statement, especially since so many Bitcoin companies rely on Gox for cash flow.

[EBM]

Do you really need the money so badly? I have lifted my entire operating from Gox since April by simply waiting for. On my last withdrawal I have been waiting six weeks. I would have waited even three months. I think without all the support requests of nervous people Gox had already done everything.

"Why do you really need your money so badly?"  I'm sorry, but those individuals are entitled to have their money released to them in a timely fashion.  What if your employer said "Why do you need your paycheck so badly?"  And what if they kept lying to you about the date you were to receive your check? 

What a ridiculous statement, especially since so many Bitcoin companies rely on Gox for cash flow.

Seconded. Most stupid statement on this entire thread.

Gox has very nearly killed our company completely. We could not pay our contractors, suppliers or even make payroll last month (yes, that's real people's wages, mortgages, rent, food, child support, etc). Had to get an emergency loan from one of our seed investors, which he was not happy about at all.

And even then, our contractors were paid so late that we LOST 1/3rd OF OUR BUSINESS.

Finally found someone to buy all our coins privately and directly, so we'll never use Gox again. They really do deserve to collapse.

[NeedChangeNow]

I've been waiting for an international wire to come through since the 2nd week of June which is in the range of 3-4k. I emailed them multiple times but got generic responses... After I get all of my money from them, IF I get it, I will never use them again either.

[OhShei8e]

"Why do you really need your money so badly?"  I'm sorry, but those individuals are entitled to have their money released to them in a timely fashion.  What if your employer said "Why do you need your paycheck so badly?"  And what if they kept lying to you about the date you were to receive your check?  

What a ridiculous statement, especially since so many Bitcoin companies rely on Gox for cash flow.

Bitcoin/FIAT exchange is highly speculative. You can not win 1000% and more and at the same time you have the reliability of your savings Bank. Come on! Each Boitcoin exchange carries a huge risk. Risk and reward always go hand in hand.

But people organize their cash flow via Bitcoin exchanges? Who is stupid?

[EBM]

"Why do you really need your money so badly?"  I'm sorry, but those individuals are entitled to have their money released to them in a timely fashion.  What if your employer said "Why do you need your paycheck so badly?"  And what if they kept lying to you about the date you were to receive your check?  

What a ridiculous statement, especially since so many Bitcoin companies rely on Gox for cash flow.

Bitcoin/FIAT exchange is highly speculative. You can not win 1000% and more and at the same time you have the reliability of your savings Bank. Come on! Each Boitcoin exchange carries a huge risk. Risk and reward always go hand in hand.

But people organize their cash flow via Bitcoin exchanges? Who is stupid?

Are you trolling?

We're not winning anything. We mine, we sell. Very simple. So of course we need an exchange - just like every BTC-based business out there.

Is SatoshiDice stupid too? ASICminer? The whole ecosystem?

Plenty of other exchanges around, but we went with the largest because it is (was) the safest and most reputable.

If at any point this is too complicated for you to understand...

[OhShei8e]

We're not winning anything. We mine, we sell.

How selfless.  

If at any point this is too complicated for you to understand...

You heard me. Nothing more to say.