BTC Withdrawals on MtGox

[njcarlos]

Just wondering, do these typically lag? I've never had BTC withdrawals lag so bad but lately I've had one take 18 hours, and another is now going on 30+ hours with no signs of processing.

Any insights?

[empoweoqwj]

Just wondering, do these typically lag? I've never had BTC withdrawals lag so bad but lately I've had one take 18 hours, and another is now going on 30+ hours with no signs of processing.

Any insights?

30 hrs doesn't sound right .... can gox get any worse? I'd say use their support system but they often take a week to answer on that

[njcarlos]

I have a ticket open, awaiting a response (it's been about 6 hours).

[empoweoqwj]

I have a ticket open, awaiting a response (it's been about 6 hours).

Yeah, good idea. No idea how long they will take to answer though. I've had tickets never answered, tickets answered within 24 hrs. Guess it depends which way the wind is blowing in Tokyo

[btbrae]

I have a withdrawal taking a long time. A much smaller withdrawal went through immediately, for what its worth.

[empoweoqwj]

I have a withdrawal taking a long time. A much smaller withdrawal went through immediately, for what its worth.

To which country?

[njcarlos]

We're talking about BTC here not a different currency. Or do you mean they actually try to geolocate the owner of the address?

I've never seen anyone turn sugar to shit as efficiently as MtGox. What a sad story they've written.

[ckoeber]

MtGox takes an EXTREMELY long time to do anything.

The ONLY reason they are still around because they have the best exchange rates for BTC/USD.

The other exchanges beat them in every other category hands down.

[empoweoqwj]

We're talking about BTC here not a different currency. Or do you mean they actually try to geolocate the owner of the address?

I've never seen anyone turn sugar to shit as efficiently as MtGox. What a sad story they've written.

Including claiming  they had rewritten their trading engine so it would lightning fast. Yet big lags still occur, even though trading is way down. Plus "we will incorporate litecoin trading in June 2013" or whatever the date was. Whatever happened to that.

Pathetic excuse for a company. But there are unfortunately still many of those in bitcoinland.

[cozytrade]

Don't worry. Just it has arrived after 48 hours. 

Oops still another withdrawal has not yet after 72 hours 

[btbrae]

My withdrawal is 24 hours now... no sign on blockchain at all. Is this normal?

[NamelessOne]

My withdrawal is 24 hours now... no sign on blockchain at all. Is this normal?

Use this website to look up your withdrawal. This has happened before on Mtgox.

http://skanner.net/MtGox/mtgox_tx.php

[opet]

Broken BTC withdrawals from Gox are piling up bigtime.  There are nearly 200 broken transactions -- totaling almost 4000 BTC -- and some have been waiting more than four days!!  Most are stuck due to outpoints already spent.

And yes, 25% of my own BTC are currently stuck (26 hours and counting).

This is getting serious... VERY serious.

[empoweoqwj]

Broken BTC withdrawals from Gox are piling up bigtime.  There are nearly 200 broken transactions -- totaling almost 4000 BTC -- and some have been waiting more than four days!!  Most are stuck due to outpoints already spent.

And yes, 25% of my own BTC are currently stuck (26 hours and counting).

This is getting serious... VERY serious.

Oh dear. This is getting dire. First fiat, now bitcoins. Are Gox finally on the edge of disappearing with everyone's money? It wouldn't surprise me. There was never any logical reason not to process international wires for six months, unless they wanted to collect peoples' cash.

[smoothie]

Broken BTC withdrawals from Gox are piling up bigtime.  There are nearly 200 broken transactions -- totaling almost 4000 BTC -- and some have been waiting more than four days!!  Most are stuck due to outpoints already spent.

And yes, 25% of my own BTC are currently stuck (26 hours and counting).

This is getting serious... VERY serious.

Oh dear. This is getting dire. First fiat, now bitcoins. Are Gox finally on the edge of disappearing with everyone's money? It wouldn't surprise me. There was never any logical reason not to process international wires for six months, unless they wanted to collect peoples' cash.

I still stick to my prediction that in 2014 MTGOX will have some sort of crisis or an all out disappearance and stopping of trading etc.

[empoweoqwj]

Broken BTC withdrawals from Gox are piling up bigtime.  There are nearly 200 broken transactions -- totaling almost 4000 BTC -- and some have been waiting more than four days!!  Most are stuck due to outpoints already spent.

And yes, 25% of my own BTC are currently stuck (26 hours and counting).

This is getting serious... VERY serious.

Oh dear. This is getting dire. First fiat, now bitcoins. Are Gox finally on the edge of disappearing with everyone's money? It wouldn't surprise me. There was never any logical reason not to process international wires for six months, unless they wanted to collect peoples' cash.

I still stick to my prediction that in 2014 MTGOX will have some sort of crisis or an all out disappearance and stopping of trading etc.

I tend to think that is a very good prediction. All the signs are there now.

[btbrae]

Don't worry. Just it has arrived after 48 hours. 

Oops still another withdrawal has not yet after 72 hours 

Mine is 48 hours now... did yours come through?

[cozytrade]

Don't worry. Just it has arrived after 48 hours. 

Oops still another withdrawal has not yet after 72 hours 

Mine is 48 hours now... did yours come through?

Not yet after 4 days but I'm rather relieved as the first one had. 

[mailaddy]

I have the same problem, now 48 hours.  I decided to investigate and pulled all the TXs from https://data.mtgox.com/api/0/bitcoin_tx.php - i found my receiving address in there.  I then transmitted all of the transactions to the network.. the outputs on mine and over 200 other ones have already been spent, and the network rejects them immediately.

Seems like a problem with double spending, which would imply a race condition within their code, so no kind of locking in place to prevent this happening.

MtGox - if this could be the case and you need advice on how to prevent it happening, please get in touch with me.  It doesn't matter which programming language you're using for this process I will be able to help you fix it if you need some help.

[opet]

48 hours, and counting...