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Author Topic: MtGox BTC withdrawal in limbo  (Read 1556 times)
codesuela (OP)
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June 18, 2013, 09:55:01 PM
Last edit: June 18, 2013, 11:12:25 PM by codesuela
 #1

Hey,
I just withdrew BTC from Gox however it seems Gox never made the transaction. It shows in the transaction history on Gox but never made it to the Blockchain. Did that ever happen to you guys?

edit:
Quote
Eiden, Jun 19 08:13 (JST):
Hello,

Thank you for the email. As of now there is a delay in bitcoin transactions. We apologize for the inconvenience caused. Kindly wait as the issue would be fixed sooner and We will get back to you when the BTC withdrawal is fully processed. For any more further support assistance get back to us.

Best regards,

Mt.Gox Team
https://www.mtgox.com
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 20, 2013, 10:39:01 PM
 #2

You're not alone...

https://bitcointalk.org/index.php?topic=239281

Hopefully the delay is just due to too many requests backing up the process within Gox, and you'll get your coin soon.

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June 20, 2013, 11:33:25 PM
 #3

Hey,
I just withdrew BTC from Gox however it seems Gox never made the transaction. It shows in the transaction history on Gox but never made it to the Blockchain. Did that ever happen to you guys?


MtGox's success has overloaded the blockchain and therefore Bitcoin txs can't be processed.

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June 21, 2013, 12:22:59 AM
 #4

MtGox's success has overloaded the blockchain and therefore Bitcoin txs can't be processed.

do you have more info about that issue ?
and why would they shutdown their chat support and wont replying tickets on this issue ?
would have been a lot simpler if they'll just explain the situation to users
joesmoe2012
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June 21, 2013, 12:28:49 AM
 #5

Evidently the BTC withdraw's are an issue in the way they were doing things and they've fixed it, according to MagicalTux on their IRC channel, when the withdraw's are automatically re-attempted, they will go through.

However there is still a major issue with withdrawing fiat.

Evidenlyt AurumExchange just ceased operations too.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
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June 21, 2013, 07:16:13 AM
 #6

Evidently the BTC withdraw's are an issue in the way they were doing things and they've fixed it, according to MagicalTux on their IRC channel, when the withdraw's are automatically re-attempted, they will go through.

However there is still a major issue with withdrawing fiat.

Evidenlyt AurumExchange just ceased operations too.


what do you mean re attempted ? I don't have the coins on my balance any more
can I send then again and they'll magically appear ?
joesmoe2012
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June 25, 2013, 07:31:38 AM
 #7

Evidently the BTC withdraw's are an issue in the way they were doing things and they've fixed it, according to MagicalTux on their IRC channel, when the withdraw's are automatically re-attempted, they will go through.

However there is still a major issue with withdrawing fiat.

Evidenlyt AurumExchange just ceased operations too.


what do you mean re attempted ? I don't have the coins on my balance any more
can I send then again and they'll magically appear ?

Sorry, I meant gox will attempt again on its own.

I assume this has all cleared up by now?

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June 25, 2013, 08:08:48 AM
 #8

No it haven't. but I don't think it will ever clear up.
but its not a big issue for me and I think in general withdrawals are now working fine.

I was trying to test how gox handles the transaction fee.
this fee should go to the miners but I noticed that if you make a transfer between to gox addresses the transfer
is done internally in gox without ever going throe the bitcoin chain. but if you'll choose to pay a fee gox will remove the fee from your balance
even thou there is no real transfer involves.
so I tried to test what will happen if I'll make an actual transfer with no fee and if it will be delayed, unfortunately I made a transfer of less than 0.01 bitcoin with no fee not knowing this is not possible in the by the actual bitcoin protocol.
so this transfer is not going to be ever proccessed.

I'm still on the chat with gox support (now that its backup) and they told me its still being processed (and that I shouldn't make any more small transfers).
since I don't think it will ever go throe, I'm now waiting to see if gox will reverse the transfer and fix my balance once their system will decide to cancel the transfer.
 
 

joesmoe2012
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June 26, 2013, 02:34:54 AM
 #9

It should be possible by the actual bitcoin protocol, that's bs.

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June 26, 2013, 02:36:24 AM
Last edit: June 28, 2013, 10:47:10 PM by Diamondstarfall
 #10

Tried withdrawing about BTC50 earlier and still no yet received.

Will updated when resolved.

Edit: all good
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June 28, 2013, 04:05:10 PM
 #11

tried 0.099 BTC and nothing yet in the blockchain

however i am getting this on btc-e

Uncommitted transactions:
+0.099 BTC, 0 confirmations, 19:41 28.06.13

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June 28, 2013, 04:24:54 PM
 #12

i tried another and paid the network fee rather then use a green addy and it's showing up in the blockchain and btc-e...  not exactly sure how btc-e is getting the unconfirmed for the 1st one i sent but blockchain.info isn't catching it

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July 01, 2013, 05:53:40 AM
 #13

how can you see transaction info in btc-e ?
I'm only testing it in blockchain info.
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July 01, 2013, 05:55:05 AM
 #14

MtGox's success has overloaded the blockchain and therefore Bitcoin txs can't be processed.

do you have more info about that issue ?
and why would they shutdown their chat support and wont replying tickets on this issue ?
would have been a lot simpler if they'll just explain the situation to users

HAHAHA my sides!
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July 01, 2013, 04:05:46 PM
 #15

how can you see transaction info in btc-e ?
I'm only testing it in blockchain info.


Click on deposit to the right of btc in the currencies page and scroll down to bottom, you will see all the pending tx... btw I did eventuallly get the green addy tx just took way longer then paying the tx fee option
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