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Author Topic: Transfer BTC out of MtGox over 14hours and still hasn't shown up in my client  (Read 561 times)
mr-sk
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June 17, 2011, 02:35:41 PM
 #1

Hello,

Transferring a BTC into MtGox takes about 1~2 hours in my experience. Transferring out usually has taken about the same. However, yesterday I transfered out and I'm up to ~15 hours with nothing in my client.

The transaction should NOT take this long. I'm getting really sick of MtGox. Between them suspending accounts (I don't care the reason, they are not a police force), having their API not working for hours on end (I don't care about DDoS, the site is not resilient), to now transfers out taking 1/2 a day, I hope they either die as an exchange or step up and fix their systems.

MtGox, if you need engineers to help, /msg me.


Do the math - The volume of MtGox, you know all the transactions from the trades API, you can determine roughly how much money they are making /day on fees, spreads and market making. They are obviously not investing a single dime back into fixing that damn site. Once TradeHills API's come online and they support in/out BTC transfers, I'm going to move and I have a feeling others will as well.


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June 17, 2011, 06:48:19 PM
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Last time it took 4 days to withdraw money from mtgox for me ;/

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June 19, 2011, 02:26:13 PM
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Good to know .. also, my transfer finally went through, a few hours after I posted my OP.

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