MtGox withdrawal delays [Gathering]

[tvbcof]

And.... Did i understand correctly?

They claim to have 3-4 weeks hold before sending out the wires but noone comes here and claims that they have been paid successfully in usd?

I have quite big amount of usd in their account and i rely my business on it.

I make my plans according to the possibility that i may have the funds until March 2014 if i request them today or in the very first days of the following month.

Is it a false hope?

The current delay in getting USD out is a 5% fee and roughly 4 weeks. This is a special manual transfer. You must contact support at Gox for them to handle it. As more and more people request this, the delay is likely increasing.

I'm not about to accept the insult of a 5% fee.  The $5k wire of mine that Mt. Gox has been sitting on for more than a quarter was never more than I could easily lose, but as the price rises, it's now even more just chump-change.  Unless we have a significant and permanent collapse it looks like I'll have the resources and time to pursue various projects, and having Mt. Gox owe me the $5k via questionable business practices could pop up as something useful.

I'll always be happy to accept BTC instead of this fiat dept which they cannot or will not honor, but only as long as my last trade (where all of my fiat originated) is rolled back.

[1714042387]

1714042387

[Savior]

I'm not about to accept the insult of a 5% fee.  The $5k wire of mine that Mt. Gox has been sitting on for more than a quarter was never more than I could easily lose, but as the price rises, it's now even more just chump-change.  Unless we have a significant and permanent collapse it looks like I'll have the resources and time to pursue various projects, and having Mt. Gox owe me the $5k via questionable business practices could pop up as something useful.

I'll always be happy to accept BTC instead of this fiat dept which they cannot or will not honor, but only as long as my last trade (where all of my fiat originated) is rolled back.

When did you make the withdraw, would be nice if you just let it linger until it finally is processed so we know when/if there ever is an improvement on usd transfers.

The queue being reduced to half for euro sepa gives me hope for mtgox.

[naur]

And.... Did i understand correctly?

They claim to have 3-4 weeks hold before sending out the wires but noone comes here and claims that they have been paid successfully in usd?

I have quite big amount of usd in their account and i rely my business on it.

I make my plans according to the possibility that i may have the funds until March 2014 if i request them today or in the very first days of the following month.

Is it a false hope?

The current delay in getting USD out is a 5% fee and roughly 4 weeks. This is a special manual transfer. You must contact support at Gox for them to handle it. As more and more people request this, the delay is likely increasing.

I'm not about to accept the insult of a 5% fee.  The $5k wire of mine that Mt. Gox has been sitting on for more than a quarter was never more than I could easily lose, but as the price rises, it's now even more just chump-change.  Unless we have a significant and permanent collapse it looks like I'll have the resources and time to pursue various projects, and having Mt. Gox owe me the $5k via questionable business practices could pop up as something useful.

I'll always be happy to accept BTC instead of this fiat dept which they cannot or will not honor, but only as long as my last trade (where all of my fiat originated) is rolled back.

roll back? !  I think it's a dream in Mtgox.  Maybe you could convert your USD to BTC and withdraw BTC out of Mtgox ASAP. Don't waste your time and patience in Mtgox.   

[tvbcof]

I'm not about to accept the insult of a 5% fee.  The $5k wire of mine that Mt. Gox has been sitting on for more than a quarter was never more than I could easily lose, but as the price rises, it's now even more just chump-change.  Unless we have a significant and permanent collapse it looks like I'll have the resources and time to pursue various projects, and having Mt. Gox owe me the $5k via questionable business practices could pop up as something useful.

I'll always be happy to accept BTC instead of this fiat dept which they cannot or will not honor, but only as long as my last trade (where all of my fiat originated) is rolled back.

roll back? !  I think it's a dream in Mtgox.  Maybe you could convert your USD to BTC and withdraw BTC out of Mtgox ASAP. Don't waste your time and patience in Mtgox.   

Throw away my chance to stake a claim to the $5M to $10M of (former) Mt. Gox funds that my government could end up holding?  For chump change?  'fraid not.  Even if my pride would allow me to get reamed like this, it's worth the $5k to me just to have the option to try to make Mt. Gox suffer.

[anthonyc0603]

I have now been waiting 60 hrs for my BTC withdrawal to be re-submitted.  I have put in 3 support requests and they are all still awaiting assignment.  I have emailed Mark at his bitcoin foundation email address and also circulated details of this problem to the board of the bitcoin foundation.  The transaction is;

6a7f8f2e72ed20ee00885fe4424a02db017e03739ca6982f99371f5d73eaa365

I tried pushing the raw tx to the network but it told me it was a double-spend.

I understand that MtGox is under all sorts of pressure but he has had a bumper year and should be able to get organised.  There is no excuse for not communicating on an issue of this nature.

did you pay a transaction fee to the network?

Yes, I paid a transaction fee.  It is now 5 days since the transaction.  No bitcoins, No response from MtGox Support, No response from Mark Karpeles.  All support requests marked as 'Awaiting assignment to an agent'

[mp420]

Another euro sepa transfer went to pending today done 2013/11/07. That is exactly 3 weeks and two days as said in their faq being the status update 29/11. Looks like the increased limit really has helped speed things up.

Another sepa transfer (less than 1k euro) from the same day still in "Confirmed" status.

[Nagle]

Bitcoin briefly dropped 25-30% today, and is now down about 15% from the peak. We'll probably see some recent speculators seeing a top, exiting the market, and demanding their money tomorrow. It will be interesting to see which exchanges pay up and which don't.

One angry, rich investor going after Mt. Gox with lawyers and regulators in Japan could bring down the whole house of cards in a hurry.

[mp420]

Another euro sepa transfer went to pending today done 2013/11/07. That is exactly 3 weeks and two days as said in their faq being the status update 29/11. Looks like the increased limit really has helped speed things up.

Another sepa transfer (less than 1k euro) from the same day still in "Confirmed" status.

And this one went pending today. Less than four weeks, and much less than I anticipated when I made the withdrawal (I was expecting to receive the money in early January).

[mike81]

Another euro sepa transfer went to pending today done 2013/11/07. That is exactly 3 weeks and two days as said in their faq being the status update 29/11. Looks like the increased limit really has helped speed things up.

Another sepa transfer (less than 1k euro) from the same day still in "Confirmed" status.

And this one went pending today. Less than four weeks, and much less than I anticipated when I made the withdrawal (I was expecting to receive the money in early January).

Was this from the same account? I have multiple withdrawals in the queue and they are making me wait 20 days between withdrawals.

[mp420]

Another euro sepa transfer went to pending today done 2013/11/07. That is exactly 3 weeks and two days as said in their faq being the status update 29/11. Looks like the increased limit really has helped speed things up.

Another sepa transfer (less than 1k euro) from the same day still in "Confirmed" status.

And this one went pending today. Less than four weeks, and much less than I anticipated when I made the withdrawal (I was expecting to receive the money in early January).

Was this from the same account? I have multiple withdrawals in the queue and they are making me wait 20 days between withdrawals.

Different user, different account. My last withdrawal was from September.

[mineradam]

There is still in place rule 20 days between withdrawals ? I hope they will cancel it soon, since from last email from mtgox they doubled day limit for transactions.

[mike81]

There is still in place rule 20 days between withdrawals ? I hope they will cancel it soon, since from last email from mtgox they doubled day limit for transactions.

Yes but they are trying to make sure they don't end up with another queue at the next big rush. I've tried asking their support to cancel my withdrawal orders so i can just do one big one but i haven't heared anything yet (it's been a week now). I'm actually ok with the 20 day limit per user. If they have a limited number of transactions they can process per day this is the way to get many small withdrawals out of the way. I assume if they catchup they will process whatever transactions are left.

[CoperNick]

Still waiting for SEPA withdrawal to polish account. Request made 2013/10/22 (6 weeks ago) value: 423zł . Waiting for Support reply.

[pilotniq]

I had a 1k€ SEPA transfer made from MtGox on November 5 arrived in my account on December 2.

Less than a month; better than expected!

[CoperNick]

Still waiting for SEPA withdrawal to polish account. Request made 2013/10/22 (6 weeks ago) value: 423zł . Waiting for Support reply.

Still no money and no answer from support https://support.mtgox.com/requests/162986 . Support request made 45 hours ago and no answer.

[mike81]

I'm still waiting for a response to my support ticket about cancelling the withdrawal requests. This has been a week now.
I got myself verified at Bitstamp in 4 days and the withdrawal was processed within 3 businessdays.

EDIT: Processed within 1 businessday i should say, then took another 2 days to hit the bankaccount.

I do hope that Mt.Gox catches up with the withdrawals. The ~80 EUR difference in price is alot.

[mp420]

Another euro sepa transfer went to pending today done 2013/11/07. That is exactly 3 weeks and two days as said in their faq being the status update 29/11. Looks like the increased limit really has helped speed things up.

Another sepa transfer (less than 1k euro) from the same day still in "Confirmed" status.

And this one went pending today. Less than four weeks, and much less than I anticipated when I made the withdrawal (I was expecting to receive the money in early January).

Now, two days later, still shows as pending, but the money did arrive. A glitch at Gox?

[Savior]

Another euro sepa transfer went to pending today done 2013/11/07. That is exactly 3 weeks and two days as said in their faq being the status update 29/11. Looks like the increased limit really has helped speed things up.

Another sepa transfer (less than 1k euro) from the same day still in "Confirmed" status.

And this one went pending today. Less than four weeks, and much less than I anticipated when I made the withdrawal (I was expecting to receive the money in early January).

Now, two days later, still shows as pending, but the money did arrive. A glitch at Gox?

It will probaly be so till they get confirmation from your bank that they have recieved it. Takes 1-2 days at my bank from recieved money, till I get the receipt. (Things move slow in the banking world)

[JohanM]

My latest transaction:
withdrawel: okt 21
money received with sepa: nov 26
amount: 7k€

[Abracadaver]

My sepa withdrawal on 08-11 of a 1000 euros arrived this week 03-12. So that was better than expected.