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Author Topic: MtGox withdrawal delays [Gathering]  (Read 908644 times)
BitCoinNutJob
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August 23, 2013, 02:42:25 PM
 #1001

Ive spoke with 3-4 people in last 24 hours at length who have claimed fast SEPA withdraws made recently.  Maybe i can try & get them in here.

Its possible they could be lying yes but thats not my read, as for SEPA withdraws made like a month ago i have no clue if they are coming in next week.
Rampion
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August 23, 2013, 02:51:21 PM
 #1002

For the record: I requested today a SEPA withdrawal to try to do some arbitrage. It went from "pending" to "confirmed" in a few minutes. Now let's see how long it takes for it to go "processing", which should mean they sent the money.

I will report back.

EDIT: arbitrage seems working. Gox going down and Bitstamp up. Spread decreasing fast.

zeroblock
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August 23, 2013, 02:54:17 PM
 #1003

Its spotty. This was from 2 days ago. 

5 weeks seem to be a short time, depending on the size of the withdraw.

05-14-2013 - 800 EUR sepa - received 05-21-2013
05-22-2013 - 500 EUR sepa - received 05-23-2013
06-01-2013 - 500 EUR sepa - received 06-04-2013
06-04-2013 - 1000 EUR sepa - received 07-30-2013
06-19-2013 - 500 EUR sepa - received 07-01-2013
06-27-2013 - 750 EUR sepa - received 08-08-2013
06-28-2013 - 750 EUR int.wire - still open
07-01-2013 - 500 EUR sepa - received 07-16-2013
08-09-2013 - 300 EUR sepa - still open

as you can see, it may take about 2 month for 1000 EUR.
my limit is 1000 EUR per day.
support giving just standard answers - no help.

https://bitcointalk.org/index.php?topic=179586.msg2979247#msg2979247
BitCoinNutJob
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August 23, 2013, 03:02:38 PM
 #1004

Its spotty. This was from 2 days ago. 

5 weeks seem to be a short time, depending on the size of the withdraw.

05-14-2013 - 800 EUR sepa - received 05-21-2013
05-22-2013 - 500 EUR sepa - received 05-23-2013
06-01-2013 - 500 EUR sepa - received 06-04-2013
06-04-2013 - 1000 EUR sepa - received 07-30-2013
06-19-2013 - 500 EUR sepa - received 07-01-2013
06-27-2013 - 750 EUR sepa - received 08-08-2013
06-28-2013 - 750 EUR int.wire - still open
07-01-2013 - 500 EUR sepa - received 07-16-2013
08-09-2013 - 300 EUR sepa - still open

as you can see, it may take about 2 month for 1000 EUR.
my limit is 1000 EUR per day.
support giving just standard answers - no help.

https://bitcointalk.org/index.php?topic=179586.msg2979247#msg2979247


The guys i spoke with made EUR SEPA withdraws after 08-09-2013 & have already received
Serpens66
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August 23, 2013, 03:15:47 PM
 #1005

The guys i spoke with made EUR SEPA withdraws after 08-09-2013 & have already received

My last withdraw about 300€ is from 2013/08/14 and i did not get it yet.

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cedivad
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August 23, 2013, 03:28:13 PM
 #1006

So, just after the 20% spread peak without any notice and/or reason mtgox/sepa starts to work again.
Seems legit, it certainly isn't any suspicious.

I will wait and see.

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sturle
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August 23, 2013, 03:34:44 PM
 #1007

stop arguing. Back to topic. Did anybody had a successful withdrawal recently? Be it PLN or USD.
Also, is it true that SEPA transferts are now working? :/
Yes.  Delay for SEPA is up to two weeks, in most cases less than a week.  I also got some information from MtGox today: SEPA withdrawals are sent to the bank very early in the morning.  In practice you can expect it will be sent next business day at best.  Huge SEPA withdrawals (not to worry about unless you have trusted status) get lower priority unless the user inform MtGox in advance.

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.
BitCoinNutJob
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August 23, 2013, 03:40:07 PM
 #1008


ok so out of 2 of the guys i spoke with 1 has received multiple SEPAs 3-5 days each time, he is Queeg @ BTC-e

JamesD @ BTC-e has gotten his usually in just over 1 week. 

http://trollboxarchive.com/search.php?search_type=all&search=SEPA
sturle
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August 23, 2013, 03:50:58 PM
 #1009

So, just after the 20% spread peak without any notice and/or reason mtgox/sepa starts to work again.
Seems legit, it certainly isn't any suspicious.
SEPA has been working all the time, just slowly, and is now faster than it has been for almost two years.  Domestic JPY withdrawal has been working (next day) all the time.

The number of bitcoins in bids above Bitstamp price on MtGox is about three times the entire order book at Bitstamp, and moving fiat out of one exchange, and then in to another takes time, so the difference will last for a while.  Especially during weekends when moving fiat is impossible.  We can enjoy the spread for as long as the FUD campaign against MtGox last, at least.  People tend to not trust Bitstamp with a lot of fiat ot BTC, since it operates in violation of the law, the owners are unknown to the community and their address is a maildrop in London.  We have seen many exchanges disappear with all assets before.

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.
CompNsci
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August 23, 2013, 03:52:55 PM
 #1010

What are the latest dates people have received USD via wire transfer?

I have several confirmed for a few weeks now and assume it will be a while yet.
joesmoe2012
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August 23, 2013, 03:56:41 PM
 #1011

I still have USD wire pending since June 17th, and SEPA transfers pending since 8/1 and 8/7


Check out BitcoinATMTalk - https://bitcoinatmtalk.com
sturle
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August 23, 2013, 03:59:55 PM
 #1012

What are the latest dates people have received USD via wire transfer?
Page 50 of this thread iirc..

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.
ardana123
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August 23, 2013, 04:24:38 PM
 #1013

Sepa transfers working my ass, still waiting for a transfer of august 1st. Don't bother trying people.
zeroblock
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August 23, 2013, 04:25:03 PM
 #1014

What are the latest dates people have received USD via wire transfer?
Page 50 of this thread iirc..

If you contact karpeles directly and ask for an emergency wire. Depending on your personal connection and size of withdraw it might be processed.
bctjim
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August 23, 2013, 04:26:02 PM
 #1015

I'm finally out of Gox and feel so free.. I bought coins and transferred it to bitstamp
joesmoe2012
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August 23, 2013, 04:27:16 PM
 #1016

What are the latest dates people have received USD via wire transfer?
Page 50 of this thread iirc..

If you contact karpeles directly and ask for an emergency wire. Depending on your personal connection and size of withdraw it might be processed.

Also incurs a 5% fee...this has been discussed multiple times in this thread already.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
sturle
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August 23, 2013, 06:07:22 PM
 #1017

Sepa transfers working my ass, still waiting for a transfer of august 1st. Don't bother trying people.
Sure it was sent as SEPA?  Have you contacted support and asked why it hasn't come through?

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.
Fixx
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August 23, 2013, 06:11:23 PM
 #1018

Who knows how to write a query about fraud at the stock exchange in the Japanese prefecture? Smacks of a large financial scam - the remaining deposits can not be inferred from 06.2013, but you can buy BTC Internal overvalued exchange rate. This contrivance, and for such tricks MtGox time to kill.

Nagle
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August 23, 2013, 07:33:29 PM
 #1019

If you contact karpeles directly and ask for an emergency wire. Depending on your personal connection and size of withdraw it might be processed.
Also incurs a 5% fee...this has been discussed multiple times in this thread already.
Yes.  Delay for SEPA is up to two weeks, in most cases less than a week.  I also got some information from MtGox today: SEPA withdrawals are sent to the bank very early in the morning.  In practice you can expect it will be sent next business day at best.  Huge SEPA withdrawals (not to worry about unless you have trusted status) get lower priority unless the user inform MtGox in advance.
That's not "working". That's a debtor in financial trouble.

None of that delay comes from money-laundering regulations or conspiracy theories involving governments. This is plain, ordinary "they don't have enough money" stalling.

Mt. Gox's customers need an audit of Mt. Gox. Where are all those US dollars right now? 
acoindr
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August 23, 2013, 08:04:07 PM
 #1020

... None of that delay comes from money-laundering regulations or conspiracy theories involving governments. This is plain, ordinary "they don't have enough money" stalling.

Why do you think Mt.Gox doesn't have enough money? You do realize Mt.Gox was making money on BTC years ago when it was less than $0.50. You don't think they loaded up on BTC which is now worth over $100 (over a 10,000% increase)? I may not know much about their USD, but I'll bet anything they have a ton of BTC worth millions in USD at the very least.
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