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Author Topic: Ridiculous fees at MtGox - anybody else has this problem?  (Read 1360 times)
Neyo
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June 26, 2011, 08:12:42 PM
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I recently sold bitcoin at MtGox and I was surprised that at the end I had a negative amount of dollars in my account. So I looked at my account history and to my surprise the fees for some of my trades were ridiculous, somewhere between 10 to almost 200 per cent. I know it is a technical problem that will get fixed, but seriously MtGox is a joke. Anybody else has this problem?
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Transactions can optionally carry transaction fees. Whoever mines the block which ends up containing your transaction will get the fee. The Bitcoin client will sometimes force you to pay a fee when it thinks that no miner will accept your transaction otherwise.
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Chucksta
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June 26, 2011, 08:16:34 PM
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I've heard things, but I'm not touching my account. Not taking any risks.

I've recorded what's in there, and waiting for things to calm down.
ian2000gsxr
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June 26, 2011, 08:37:46 PM
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looks like i was overcharged as well. .65 cents (~.8%) in fees when it should been .23 (.3%)
not a big deal but still...
RobertRibbeck
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June 26, 2011, 09:06:40 PM
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looks like i was overcharged as well. .65 cents (~.8%) in fees when it should been .23 (.3%)
not a big deal but still...

.3% only started TODAY

before today it was .65%

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ian2000gsxr
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June 26, 2011, 09:13:44 PM
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i sold today chief
about 1 hour ago
i'm not stressing over ~.40 cents just thought people should know
Technopope
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June 27, 2011, 12:30:43 AM
 #6

MtGox charged me a $45,300,000.0000 for selling 10 BTC today.

I made the sale just as they came up for business, or at least I thought they were up for business. My guess is they they were still running tests but the system allowed me to make the trade. I was very surprised to see a $-45,299,848.52300 in my account.

I submitted a ticket to the service department, and next time I checked the account, 4 hours later, all was back to normal. The sale is still valid and no fee is showing at all for the transaction.
Valalvax
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June 27, 2011, 02:00:12 AM
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Mine is fine so far, thankfully
bitcoin.monger
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June 27, 2011, 04:52:33 AM
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the only issue I noticed was an order they entered TWICE. however, one of them was marked "not enough funds" so no damage done.
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