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Author Topic: getting LR out of mtgox  (Read 1755 times)
Bimmerhead
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February 25, 2011, 12:35:55 AM
 #1

Anybody else having trouble getting their USD out of mtgox into LR?  I keep getting the message "To comply with US regulations you are only allowed to withdraw a maximum of $1000 within a 24 hour period. Please try your withdraw tomorrow.", but I'm nowhere near $1000 limit.

I had trouble a few months ago but eventually was successful.  Just wondering if it's just me or are others are experiencing this too.

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Bimmerhead
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February 25, 2011, 12:43:11 AM
 #2

Wait... does the $1000 limit apply to bitcoins too?

Now I can't get btc out.  I thought the limit was just for $US->LR.  Maybe it is combined.

Makes it kind of hard to buy anything substantial with btc from your mtgox account.

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February 25, 2011, 12:44:53 AM
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Wait... does the $1000 limit apply to bitcoins too?

Now I can't get btc out.  I thought the limit was just for $US->LR.  Maybe it is combined.

Makes it kind of hard to buy anything substantial with btc from your mtgox account.

It's the first time I hear of any BTC withdrawal limit.

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SmokeTooMuch
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February 25, 2011, 12:47:16 AM
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I just can't understand why people are still using Mt. Gox.
In my opinion bitcoinmarket is and was from beginning way better.

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kiba
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February 25, 2011, 12:47:42 AM
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I just can't understand why people are still using Mt. Gox.
In my opinion bitcoinmarket is and was from beginning way better.

MtGox was more liquid.

TheKoziTwo
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February 25, 2011, 12:48:11 AM
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Yes, there is a BTC limit aswell.

"He is making a combined limit of $1000 USD per day for both BTC and USD."

but also note:

"A couple of people had asked him to withdraw more and he has quickly enabled this."

Read more: http://bitcointalk.org/index.php?topic=1861.0

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February 25, 2011, 12:49:02 AM
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I just can't understand why people are still using Mt. Gox.
In my opinion bitcoinmarket is and was from beginning way better.

I only used mtgox twice in the paypal times. Then it was too much hassle with getting LR so I started using bitcoinmarket. Still using it.

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kiba
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February 25, 2011, 12:50:38 AM
 #8

Yes, there is a BTC limit aswell.

"He is making a combined limit of $1000 USD per day for both BTC and USD."

but also note:

"A couple of people had asked him to withdraw more and he has quickly enabled this."

Read more: http://bitcointalk.org/index.php?topic=1861.0

I was not aware of this!

Bimmerhead
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February 25, 2011, 12:53:32 AM
 #9

Yes, there is a BTC limit aswell.

"He is making a combined limit of $1000 USD per day for both BTC and USD."

but also note:

"A couple of people had asked him to withdraw more and he has quickly enabled this."

Read more: http://bitcointalk.org/index.php?topic=1861.0

Thanks Kozi.  Now that I read the link I recall seeing this.  Not that I remembered the part about the limit, but I remembered reading about the guy with 90,000 btc. 


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BCEmporium
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February 25, 2011, 12:55:11 AM
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I only used mtgox twice in the paypal times. Then it was too much hassle with getting LR so I started using bitcoinmarket. Still using it.

Same here. I can't figure what's the use of LR anyway, taken you can't directly either deposit or withdraw from it.
dwdollar's site seams better. Waiting for see the new one on on 1st March.
kiba
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February 25, 2011, 12:58:27 AM
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Is the keyword "was" as opposed to "is"?

There was a time that people deposit paypal dollars no willy-worry until somebody idiotic and evil enough to steal paypal accounts to buy bitcoin.

Anonymous
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February 25, 2011, 02:08:12 AM
 #12


I only used mtgox twice in the paypal times. Then it was too much hassle with getting LR so I started using bitcoinmarket. Still using it.

Same here. I can't figure what's the use of LR anyway, taken you can't directly either deposit or withdraw from it.
dwdollar's site seams better. Waiting for see the new one on on 1st March.

+1
Anonymous
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February 25, 2011, 02:09:30 AM
 #13

Yes, there is a BTC limit aswell.

"He is making a combined limit of $1000 USD per day for both BTC and USD."

but also note:

"A couple of people had asked him to withdraw more and he has quickly enabled this."

Read more: http://bitcointalk.org/index.php?topic=1861.0

Thanks Kozi.  Now that I read the link I recall seeing this.  Not that I remembered the part about the limit, but I remembered reading about the guy with 90,000 btc. 




Yeah I needed to withdraw multiples of 1000 not long ago which took me a week.
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February 25, 2011, 07:15:51 PM
 #14

I just can't understand why people are still using Mt. Gox.
In my opinion bitcoinmarket is and was from beginning way better.

isn't it working only during us daytime?
I remember seeing something like site closed now (I'm in EU)

bitcoin-central.net is 24/7, no fees, accepts LR and euro wire. The market is still thin, but I think it's going to take a lot of mtgox action eventually.

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