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Author Topic: About trading on Mt.Gox  (Read 483 times)
jomplox (OP)
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November 13, 2013, 01:30:52 PM
 #1

Hello!
I've been out of the loop for a while. Seems like people really dislike Mt.Gox and prefer alternatives like Bitfinex.
Can anyone briefly explain what is the matter? It seems they are now stricter on fiat withdraws, but I'm not sure this is the main issue. I have no interest in withdrawing fiat. I'm perfectly happy with being limited to bitcoins.

Thank you!
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Sindelar1938
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November 13, 2013, 01:38:16 PM
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Bitcoin extraction thru the block chain took ages for many Gox users recently

Look for the thread and ask there

Generally Gox is bad news

MaxBTC1
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November 13, 2013, 01:40:06 PM
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It takes 4-8 weeks to withdraw....thats why
CrypticBits
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November 13, 2013, 01:43:08 PM
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Verification issues, long waiting times and other bugs happen all the time on Mtgox.. That's why.
Mirsad
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November 13, 2013, 01:44:02 PM
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4-8 Weeks is just plain wrong.
It takes much longer.

I've initiated a 1000 Euro withdrawal in the first september week.
They answer your emails very slow and can't give you ETA!

For cashing out, GOX is a Nogo!

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
CrypticBits
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November 13, 2013, 01:49:16 PM
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4-8 Weeks is just plain wrong.
It takes much longer.

I've initiated a 1000 Euro withdrawal in the first september week.
They answer your emails very slow and can't give you ETA!

For cashing out, GOX is a Nogo!

Not " plain wrong ". It's just different for everyone all the time.
Mirsad
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November 13, 2013, 02:00:19 PM
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And it's a SEPA transfer, which should be much faster.

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
jomplox (OP)
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November 13, 2013, 02:23:11 PM
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So in theory, I can trade bitcoins back and forth without having to verify my account but if I want to withdraw BTC its going to take a while and fiat transfers are a no-go?
bitcoinpsftp
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November 13, 2013, 03:08:55 PM
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Pretty much seems to be a problema with withdrawing your money.  Takes ages.  I am confused, with such bad customer service, how can they still be number 1?  Youd think also with this kind of bad news, everyone would be rushing to withdraw, makin things even worse...  Ideally, I think this fórum is a great place to buy bitcoins, with trusted users.  I probably will never use anything else.  But I guess others like to be able to buy-sell fast.

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November 13, 2013, 04:01:09 PM
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CONFIRMED: We are all goxed!

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