Broken BTC Withdrawals on Gox -- 2230 EST, 28 JAN: 1654 broken TX!!

[Beans]

I took me money out in about 40 transactions. I was trying to find a pattern. The transactions that go though seem to show up right away. It could be a coincidence but some addresses seem to work better then others. Mostly when I had a transaction go though, I would then send a much larger transaction the next time. Mainly because I kept getting 2 good transactions in a row. I was able to get 75% of my funds out successfully. Could just be luck though.

are you withdrawing like 1 or 2 btc per batch? 

I did .5 to 1btc each and 5btc if one went through.

[Bitnicity]

Attention!

now bitcoin withdrawal is totally blocked, just received the following message when tried to withdraw, but i didn't see that fucking announcement:

"Bitcoin withdrawals are temporarily disabled until the issue is solved, please see announcement"

and i notice that the broker tx are dropping fast, seems they try to reset the whole backlog, hopefully we can get everything cleared.

[Prodigal]

Attention!

now bitcoin withdrawal is totally blocked, just received the following message when tried to withdraw, but i didn't see that fucking announcement:

"Bitcoin withdrawals are temporarily disabled until the issue is solved, please see announcement"

and i notice that the broker tx are dropping fast, seems they try to reset the whole backlog, hopefully we can get everything cleared.

Thanks god, they should have done this over a week ago when the problem started.

[Bitnicity]

Statement Regarding BTC Withdrawal Delays

Tokyo - JAPAN - February 07, 2014

Dear MtGox Customers,

During our efforts to resolve the issue being encountered by some bitcoin withdrawals it was determined that the increase in withdrawal traffic is hindering our efforts on a technical level. As to get a better look at the process the system needs to be in a static state.

In order for our team to resolve the withdrawal issue it is necessary to temporarily pause all withdrawal traffic to obtain a clear technical view of the current processes.

We apologize for the extremely short notice, but as of now all bitcoin withdrawals will be paused, and withdrawals in the queue will returned to your MtGox wallet and can be re-intiated once the issue is resolved. Customers can still use the trading platform as usual.

Our team will be working hard through the weekend and will provide an update on Monday, February 10, 2014 (JST).

Again, we apologize for the inconvenience, and ask for your continued patience and support while we work to resolve this issue.

Best regards,

The MtGox Team

-----------------------------------------

hopefully this is indication that there is actually technical issue not a bank run, otherwise, they already abandoned the ship, why bother to clarify?  

[mightycount]

hey whats up?..withdrawl are working flawlessly again

i just did 7 withdrawals 1-2 btc, only 3 for 1 btc arrived

russian roulette is 83% chance of success actually. depends what you understand by success of course

So true

[jemenake]

hopefully this is indication that there is actually technical issue not a bank run... 

Well, even if there's a run, I tend to think that they'll have all of the BTC balances ready to give out. The gov't seized some of their dollars, but I haven't heard anything about anybody seizing or stealing their BTC. Only if MtGox has been speculating by either selling or loaning or otherwise "converting" their BTC deposits to other instruments (a huge no-no) would they be without the BTC to give out to fleeing customers.

What I find rather amusing is the fact that, in 24 hours, MtGox has gone from having abnormally high BTC prices (because dollars were tough to get out of MtGox, so they weren't worth as much as BTC, which you could get out quicker). Now that they've frozen all BTC withdrawals, everybody there wants dollars more than BTC because, even if it takes weeks/months to get your USD out, it's better than BTC which you can't at all.

As much as I despise MtGox, this is the one time when I wish I had some cash there, so I could buy BTC at a discount. Like I said, I'm more confident that they have the BTC to cover everybody's balances than USD.

[ImI]

You can buy GoxBTC at a discount.

-> https://bitcointalk.org/index.php?topic=455243

[igorr]

Countdown is begun,

Tokio/Japan GMT, 10 Feb 2014 1:00
Peking/China  GMT, 10 feb 2014 00:00

[Tzupy]

The BTC withdrawal mess at MtGox may take some time to sort out. Article at cryptocoinsnews:
http://www.cryptocoinsnews.com/2014/02/08/mt-gox-transaction-woes/

[smoothie]

The BTC withdrawal mess at MtGox may take some time to sort out. Article at cryptocoinsnews:
http://www.cryptocoinsnews.com/2014/02/08/mt-gox-transaction-woes/

Sounds like another excuse to delay BTC withdrawals to me. "Accounting nightmare"...lol

[igorr]

LOL, the price on BTC-e 102 usd 

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