Bitcoin Forum
March 19, 2024, 04:20:36 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 [95] 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 ... 348 »
  Print  
Author Topic: MtGox withdrawal delays [Gathering]  (Read 908321 times)
papamoi
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
October 14, 2013, 01:16:34 PM
 #1881

HI GUYS

i m willing to sue them and i m in my way to find a suitable lawyer in japan

anyone wants to join me in this?

if yes please pm,don t write anything here as they are probably reading us

thanks
1710822036
Hero Member
*
Offline Offline

Posts: 1710822036

View Profile Personal Message (Offline)

Ignore
1710822036
Reply with quote  #2

1710822036
Report to moderator
1710822036
Hero Member
*
Offline Offline

Posts: 1710822036

View Profile Personal Message (Offline)

Ignore
1710822036
Reply with quote  #2

1710822036
Report to moderator
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
sturle
Legendary
*
Offline Offline

Activity: 1437
Merit: 1002

https://bitmynt.no


View Profile WWW
October 14, 2013, 02:26:28 PM
 #1882

Rad the post earlier in this thread where someone called the bank and asked about MtGox's limit.
This is very strange that you so vigorously defend them and even insult others that point to obvious facts.
You are comparing the limits of a personal account, which is ment for personal payments, to a company which process payments on behalf of users, and has to stay below the limits for when it becomes a payment service according to various EU directives and Polish law.  IIRC the limit is 500k EUR/month which should make MtGox's limit only 25k / business day, but there must be a loophole which enable MtGox to do transfer more than that.  I haven't had time to look into the laws myself.  IANAL.
That was new information. Source?
If I had any reliable sources, I would post them, and IANAL.  Here article 118 states a limit of 500k EUR/month, but I don't know if it applies.  At least one person pretending to be a lawyer has posted in this thread, and may be able to explain the basics.

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
Legendary
*
Offline Offline

Activity: 1437
Merit: 1002

https://bitmynt.no


View Profile WWW
October 14, 2013, 02:31:02 PM
 #1883

You are just repeating Goxs propaganda. There is no such thing as a transaction limit for PSPs under SEPA.
Probably not.  MtGox is not a PSP, so it wouldn't apply to them anyway.  Limits for companies which are not PSP may apply to MtGox.

Quote
Or do you think PP could operate with 25k per day?
Of course not.

Quote
I found the directives for you, so you can read up on it yourself:
http://ec.europa.eu/internal_market/payments/framework/
Please let me know when you find something relevant in there.

Quote
It solely depends on the bank and account type you choose:
http://www.bzwbk.pl/firmy/bankowosc-elektroniczna/pakiet-moja-firma-plus/pakiet-moja-firma-plus.html
Point 4: They can withdraw 100kk PLN or 23.5kk EUR daily.
And thats the limit for small businesses with SMS transaction confirmation.
Gox could pay out all BTC in under 50 days at the current exchange rate.
You should call their bank and tell them.

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.
bernard75
Legendary
*
Offline Offline

Activity: 1316
Merit: 1003



View Profile
October 14, 2013, 03:25:22 PM
 #1884

You are just repeating Goxs propaganda. There is no such thing as a transaction limit for PSPs under SEPA.
Probably not.  MtGox is not a PSP, so it wouldn't apply to them anyway.  Limits for companies which are not PSP may apply to MtGox.
You are comparing the limits of a personal account, which is ment for personal payments, to a company which process payments on behalf of users, and has to stay below the limits for when it becomes a payment service according to various EU directives and Polish law.
So which is it now? They process payments, which makes them just that under EU law.
Quote
I found the directives for you, so you can read up on it yourself:
http://ec.europa.eu/internal_market/payments/framework/
Please let me know when you find something relevant in there.
I cant, because its not in there and the banks had to adopt it until 2009.
Quote
It solely depends on the bank and account type you choose:
http://www.bzwbk.pl/firmy/bankowosc-elektroniczna/pakiet-moja-firma-plus/pakiet-moja-firma-plus.html
Point 4: They can withdraw 100kk PLN or 23.5kk EUR daily.
And thats the limit for small businesses with SMS transaction confirmation.
Gox could pay out all BTC in under 50 days at the current exchange rate.
You should call their bank and tell them.
The problem is not the bank but Gox obviously lying.
I called and they told me the standard daily limit for a basic company is 100kk PLN converted according to the daily exchange rate in EUR.
gizmoh
Legendary
*
Offline Offline

Activity: 1428
Merit: 1000



View Profile
October 14, 2013, 05:12:17 PM
Last edit: October 14, 2013, 05:22:24 PM by gizmoh
 #1885

I cannot fathom sturtle to be a samaritan defending Gox without any benefits, it defies logic. This guy has concentrated his posts exclusively on Gox topics, trying to explain gox shortfalls, just like any PR would.
If it looks and smells shitty..make your own judgement.

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
sturle
Legendary
*
Offline Offline

Activity: 1437
Merit: 1002

https://bitmynt.no


View Profile WWW
October 14, 2013, 05:32:36 PM
 #1886

You are comparing the limits of a personal account, which is ment for personal payments, to a company which process payments on behalf of users, and has to stay below the limits for when it becomes a payment service according to various EU directives and Polish law.
So which is it now? They process payments, which makes them just that under EU law.
Depends on a lot of things.  The directive is full of exceptions, pointers to other legislation and grey areas.  I will have a look at it some day, but IANAL.  I may be wrong.  Feel free to get a professional opinion.

Edit: Norwegian law has the same exception as the Polish law, and aproximately the same monthly amount.  It refers to the EEA, so I assume it is EU legislation made valid in the entire EEA.  I can only find it in Norwegian: http://www.finanstilsynet.no/no/Bank-og-finans/Betalingsforetak/tilsyn-og-overvakning/Krav-til-konsesjon/

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
Legendary
*
Offline Offline

Activity: 1437
Merit: 1002

https://bitmynt.no


View Profile WWW
October 14, 2013, 06:07:57 PM
 #1887

The problem is not the bank but Gox obviously lying.
I called and they told me the standard daily limit for a basic company is 100kk PLN converted according to the daily exchange rate in EUR.
Here it is!.  Article 26.  Feel free to read all of it.  A short quote of the most interesting part:

Quote from: European Union
(a) the average of the preceding 12 months' total amount of payment transactions executed by the person concerned, including any agent for which it assumes full responsibility, does not exceed EUR 3 million per month. That requirement shall be assessed on the projected total amount of payment transactions in its business plan, unless an adjustment to that plan is required by the competent authorities; and
[...]
3 million EUR per month =~ 100k EUR / day maximum.  Who is lying?  At least MtGox agrees with the EU Payment Services Directive 2007/64/EC.

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.
idee2013
Sr. Member
****
Offline Offline

Activity: 407
Merit: 250


View Profile
October 14, 2013, 06:40:12 PM
 #1888

does anyone know that there are btc withdrawl problems?....i don't see the withdrawl now since 3 hours in blockchain...
mp420
Hero Member
*****
Offline Offline

Activity: 501
Merit: 500


View Profile
October 14, 2013, 07:27:22 PM
 #1889

To those who are so sure that Gox is out of money: Even if they spent all of their millions in profits into operational and administrative costs and their $10 million of seized / disputed funds are missing from their customers' deposits, they have $13M in the orderbook and who knows how much fiat out of orderbook, sitting on customers' accounts waiting for better times (I have $3k there and I believe I'm not the only one). As long as they have more than $10M fiat on the accounts, lack of funds is not the limiting factor on withdrawals.

And I very much doubt they've managed to waste all of their operating revenue, even if I'm of the opinion that they're managing their business very clumsily.
joesmoe2012
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


Ching-Chang;Ding-Dong


View Profile WWW
October 14, 2013, 09:01:22 PM
 #1890

Anybody get SEPA today?

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
Dropkickdragout
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
October 15, 2013, 12:53:31 AM
 #1891

11 days and counting on an 8.5K USD withdrawl

joesmoe2012
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


Ching-Chang;Ding-Dong


View Profile WWW
October 15, 2013, 02:02:09 AM
 #1892

11 days and counting on an 8.5K USD withdrawl

USD withdraws aren't going out right now.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
Syke
Legendary
*
Offline Offline

Activity: 3878
Merit: 1190


View Profile
October 15, 2013, 02:57:10 AM
 #1893

11 days and counting on an 8.5K USD withdrawl

USD withdraws aren't going out right now.

Can anyone confirm a regular USD withdrawl to the US in the past 4 months (that wasn't using the 5% special fee)?

Buy & Hold
antirack
Hero Member
*****
Offline Offline

Activity: 489
Merit: 500

Immersionist


View Profile
October 15, 2013, 07:23:11 AM
 #1894

Waiting for Euro 10k SEPA transfer for >1 month now. Trusted Gox account. Getting impatient.
sturle
Legendary
*
Offline Offline

Activity: 1437
Merit: 1002

https://bitmynt.no


View Profile WWW
October 15, 2013, 08:13:19 AM
 #1895

Waiting for Euro 10k SEPA transfer for >1 month now. Trusted Gox account. Getting impatient.
Please let us know when you get it, and I'll update my forecast.

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.
gotah
Member
**
Offline Offline

Activity: 63
Merit: 10


bitcoin is the future


View Profile WWW
October 15, 2013, 08:23:46 AM
 #1896

after waiting 3 weeks, with a Trusted Account, (SEPA), We asked to have back the bitcoins, they give back immediatly.

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
Free Distribution! https://bitcointalk.org/index.php?topic=623937
Bwincoin - 100% Free POS. B5LcTXcUmycXsiSPk5qJWDp4ZxMryxjUMx
sturle
Legendary
*
Offline Offline

Activity: 1437
Merit: 1002

https://bitmynt.no


View Profile WWW
October 15, 2013, 09:15:38 AM
 #1897

Waiting for Euro 10k SEPA transfer for >1 month now. Trusted Gox account. Getting impatient.
Please let us know when you get it, and I'll update my forecast.
I just got an update from MtGox.  They claim to be processing the rest of the 10th and begin on the 11th today.  Which means they are ahead of my forecast.  Please post if you have any SEPA withdrawals still in confirmed state from before September 10.

Updated forecast:
I still expect the 11th to take two days to process, which means it will be done tomorrow or Thursday.  The rest of September is a smooth ride.  I expect them to be processing October withdrawals by the end of next week.

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.
aynstein
Full Member
***
Offline Offline

Activity: 128
Merit: 100

Fortune favors the bold, and sometimes the bald.


View Profile
October 15, 2013, 09:42:55 AM
 #1898

baaaahhhhh I am going to call my bank and see if the fraud department can help me by telling me if there has been any transfers from them I'm not sure if they will discuss\disclose information   but it's worth a shot.

  perhaps the recent rise in their Bitcoin price (and increase in price differences between them and other markets) is from people canceling & buying btc to get out?

Maybe it's a sign of the end for mg


AltaVista 4 Life!
ardana123
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
October 15, 2013, 10:32:57 AM
 #1899

baaaahhhhh I am going to call my bank and see if the fraud department can help me by telling me if there has been any transfers from them I'm not sure if they will discuss\disclose information   but it's worth a shot.

  perhaps the recent rise in their Bitcoin price (and increase in price differences between them and other markets) is from people canceling & buying btc to get out?

Maybe it's a sign of the end for mg



the spread between exchanges stays between 10% so this theory is wrong.
Fking
Full Member
***
Offline Offline

Activity: 136
Merit: 100


View Profile
October 15, 2013, 10:54:00 AM
 #1900

To which date of usd wire requests they have gotten?
Or if you have got an usd wire from them soon, when did you place the request.
I'm waiting for over 3 months now and trying to figure out if my turn is coming soon
Pages: « 1 ... 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 [95] 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 ... 348 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!