Bitcoin Forum
December 05, 2016, 04:42:03 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: mtgox bitcoin withdraw taking forever?  (Read 3205 times)
epetroel
Sr. Member
****
Offline Offline

Activity: 428


View Profile
November 08, 2011, 06:15:33 PM
 #21

"Cash flow issues?" As in not having enough bitcoins to process withdrawals? I sincerely hope not.

They do have several "offline" wallets, so it could be that their online wallet is out of BTC, and they have to transfer BTC in from an offline wallet.

1480956123
Hero Member
*
Offline Offline

Posts: 1480956123

View Profile Personal Message (Offline)

Ignore
1480956123
Reply with quote  #2

1480956123
Report to moderator
1480956123
Hero Member
*
Offline Offline

Posts: 1480956123

View Profile Personal Message (Offline)

Ignore
1480956123
Reply with quote  #2

1480956123
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480956123
Hero Member
*
Offline Offline

Posts: 1480956123

View Profile Personal Message (Offline)

Ignore
1480956123
Reply with quote  #2

1480956123
Report to moderator
repentance
Hero Member
*****
Offline Offline

Activity: 840


View Profile
November 08, 2011, 09:24:57 PM
 #22

I don't think it's anything as sinister as some suggest. I think they are having cash flow issues, not that it makes it much better - but it seems to be the case, Dwolla withdraws went from taking 1-2 hours to 1-2 days, It seems like nothing is automatic anymore.

If this happened occasionally, it wouldn't merit much concern - but it seems like every single week MtGox has problems with at least one of their withdrawal methods.  I don't know how they've set up the accounts from which they process withdrawals, but those should be automatically topped up when they hit a certain threshold instead of withdrawals effectively being suspended while Mtgox transfers funds to replenish those accounts.

I don't get why this shit is still happening on a weekly basis.  People don't need vapid apologies every time this happens - they need the underlying problems fixed so that it stops happening.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
Vandroiy
Legendary
*
Offline Offline

Activity: 1036


View Profile
November 09, 2011, 12:51:28 AM
 #23

Just wanted to inform: 20 hours later, my withdrawal was broadcast. All the coins are visible again.

I guess it just needs a little patience. I still wonder what causes this though.
BTCurious
Hero Member
*****
Offline Offline

Activity: 714


^SEM img of Si wafer edge, scanned 2012-3-12.


View Profile
November 09, 2011, 01:26:38 AM
 #24

I guess it just needs a little patience.
No, it shouldn't. This is just a bitcoin withdrawal, the whole idea is that you can broadcast these things instantly!

clone4501
Jr. Member
*
Offline Offline

Activity: 56


View Profile
November 09, 2011, 04:11:51 AM
 #25

I am still waiting more than 24 hours later Sad Sad
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!