MtGox withdrawal delays [Gathering]

[sturle]

The financial press is [...]

...a useless bag of purchased prostitute rags.

Where is the +1 button?

[sturle]

I have a 5 figure amount SEPA withdrawal pending since 17 January and will let you all know when I receive that money.
They are probably processing SEPA withdrawal of the first weeks of January now so I am expecting to have to wait 3 more weeks.

I'm in the same boat with a transaction confirmed on the 20th, similar amount. If they'd stick to their claim, processing is due on the Tuesday. If not, scam spilled over to SEPA. Where do EUR funds reside? Poland afair?

MtGox are very open about their SEPA delays and the reason for the delays.  Last time I heard they were processing SEPA withdrawals from January 1st.  If people have been as busy withdrawing via SEPA as via domestic JPY during the new year holidays, it will take about four days to process each day of SEPA withdrawals due to the daily limit (which has been confirmed by their bank).  We may not be further than to the 3rd at the end of next week.  I am hoping for better progress than that, of course.  I have one confirmed since January 4th myself.

[Mythul]

Mt Gox plays:

[sturle]

FBI seized most of the coins/money....

In that case it is on public record, and should be easy to prove.  So, do you have proof, or are you just another manipulator or useful idiot?

[smoothie]

FBI seized most of the coins/money....

In that case it is on public record, and should be easy to prove.  So, do you have proof, or are you just another manipulator or useful idiot?

I guess your claims the other day that you couldn't prove makes you an idiot as well? Or just a shill?

[NamelessOne]

Anyone interested in my BTC for an internal gox transfer? I have quite a good chuck and will offer 10% discount on whatever the price is at the time of trade.

[Nagle]

Here's a way this may play out on Monday.

Gox had 40,000 Bitcoins stuck in their withdrawal queue. On Monday, they will have zero, because they are cancelling withdrawals and crediting amounts back to customer accounts within Gox. That's already happening.

This allows them to begin a new round of jerking customers around. All their customers will have to resubmit their withdrawals. Gox then has lots of ways to stall them - they can request reverification of customer identity, claim the destination Bitcoin address is invalid, and such. They've done all of those things before. Then they can stall on moving transactions through states of "pending" to "processed", which they've also stalled on before. Then they can process the outgoing queue slowly, which they've done before.

Meanwhile, the usual Gox shills will be saying "everything is fine now", to discourage people from doing withdrawals. This may buy Gox another month. 

[donk4u]

Here's a way this may play out on Monday.

Gox had 40,000 Bitcoins stuck in their withdrawal queue. On Monday, they will have zero, because they are cancelling withdrawals and crediting amounts back to customer accounts within Gox. That's already happening.

This allows them to begin a new round of jerking customers around. All their customers will have to resubmit their withdrawals. Gox then has lots of ways to stall them - they can request reverification of customer identity, claim the destination Bitcoin address is invalid, and such. They've done all of those things before. Then they can stall on moving transactions through states of "pending" to "processed", which they've also stalled on before. Then they can process the outgoing queue slowly, which they've done before.

Meanwhile, the usual Gox shills will be saying "everything is fine now", to discourage people from doing withdrawals. This may buy Gox another month.  

Exactly what i was thinking never required verification before will now demand it i sent in verification 2x they denied it i scanned never told me had to be photo I am forecasting making customers jump thru hoops that customers won't be able to  complete people will eventually give up most likely scenario. It takes 2 weeks now to get verified imagin how much longer they will stall the process if they go that route.  It will take gox weeks and weeks to solve a technical problem that dosen't really exist. I have seen this scenario countless times in these type of schemes . They all start out with support ignoring not responding to customers that is the first step gox has already put people thru.

gox already blatantly lied by saying that the stuck withdrawls were limited to a few users or whatever when in reality it was 6,000 .

[solex]

I left Gox for good in July after a couple of months defending them... But things just kept getting worst. Bitstamp doesn't feel as the most secure place in the world neither, while withdrawals work just well daytrading and keeping serious founds on third party services is still a high risk practice in the BTC world. I won't do it until a serious alternative is launched, for sure the opportunity is huge for those who manage to build a SERIOUS service.

SecondMarket is likely to launch a serious exchange. Even if gox gets its out of its web of legal and software problems it will fade away.

[pedro82]

"Important Announcement: In order for our team to resolve the BTC withdrawal issue it is necessary for a temporary pause on all withdrawal requests to obtain a clear technical view of the current processes. We will update again on Monday, January 10th (JST). The MtGox trading platform will perform as usual for the needs of our customers."

If you want to withdraw, sorry technical issue ! But trading platform, to exchange BTC/Fiat as many times as you want, it will perform as usual : 0,6 % fee !  

And they have been very successful at this today : third in volume. I’m very curious to see how will they perform tomorrow on this nonsense business !

[pedro82]

I have a 5 figure amount SEPA withdrawal pending since 17 January and will let you all know when I receive that money.
They are probably processing SEPA withdrawal of the first weeks of January now so I am expecting to have to wait 3 more weeks.

I'm in the same boat with a transaction confirmed on the 20th, similar amount. If they'd stick to their claim, processing is due on the Tuesday. If not, scam spilled over to SEPA. Where do EUR funds reside? Poland afair?

MtGox are very open about their SEPA delays and the reason for the delays.  Last time I heard they were processing SEPA withdrawals from January 1st.  If people have been as busy withdrawing via SEPA as via domestic JPY during the new year holidays, it will take about four days to process each day of SEPA withdrawals due to the daily limit (which has been confirmed by their bank).  We may not be further than to the 3rd at the end of next week.  I am hoping for better progress than that, of course.  I have one confirmed since January 4th myself.

Did they perform sepa transfers during last  week ? Nobody here, confirm so !

Sepa transfers can bring some light on this issue (i also have one confirmed Jan 7 )  but i’m sure we won’t need to wait for so long to have a clear picture about this issue ! 
 
Good luck to all !

[qxzn]

Bidding 58% for your gox btc balance, minimum amount 5goxbtc, max 200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.

Wash your hands of gox once and for all!



I will also take the other side of this trade, meaning you give me real btc, I give you gox btc, currently at a rate of 93%.

[pedro82]

Bidding 50% for your gox btc balance, minimum amount 10btc/20goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.

Wash your hands of gox once and for all!

Man i don’t  trust  you ! can you remove your hat so i can see your face properly 

[qxzn]

Bidding 50% for your gox btc balance, minimum amount 10btc/20goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.

Wash your hands of gox once and for all!

Man i don’t  trust  you ! can you remove your hat so i can see your face properly 

hat-removed photo on request of serious bidders only

[qxzn]

started the bidwar has

on it is

[valerian253]

Monday is going to be an absolute sh#t show  

[pedro82]

hat-removed photo on request of serious bidders only

Videos of me deadlifting or doing squats available on request, serious bidders only.

 

[qxzn]

Somebody should start a goxbtc/btc exchange.

[smoothie]

Bidding 55% for your gox btc balance, minimum amount 5btc/10goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.

Wash your hands of gox once and for all!

This reminds me of when PirateAt40 was closing down and people were paying for Pirate debt. Deja Vu.

[qxzn]

Bidding 55% for your gox btc balance, minimum amount 5btc/10goxbtc, max 100btc/200goxbtc. You will do an internal gox transfer to my gox account for the gox coins, I will send you bitcoins free and clear. Your transfer first unless you're really well-known/trusted, or we can do a back-forth with smaller amounts. PM if interested.

Wash your hands of gox once and for all!

This reminds me of when PirateAt40 was closing down and people were paying for Pirate debt. Deja Vu.

Yup. This is exactly like that scenario. Get out while you still can!