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Author Topic: Withdaw money from MtGox  (Read 1952 times)
ronaldmaustin
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April 18, 2011, 10:47:47 PM
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Has anyone had success withdrawing thier money from MtGox lately?  I tried doing a witdrawal via Liberty Reserve and that did not work.  It said withdrawal via Liberty Reserve was down.  My preference would be a withdrawal via wire transfer but I cannot seem to reach anyone at MtGox to put that into effect.  I see no place where I can interact with them on the site and I've e-mailed info@mtgox and have received no reply.  How do you get your money out of MtGox short of buying back bitcoins and sending them elsewhere for exchange???
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mcdett
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April 18, 2011, 10:56:42 PM
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bump

Didn't Liberty Reserve get shut down?
MoonShadow
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April 18, 2011, 11:25:05 PM
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Has anyone had success withdrawing thier money from MtGox lately?  I tried doing a witdrawal via Liberty Reserve and that did not work.  It said withdrawal via Liberty Reserve was down.  My preference would be a withdrawal via wire transfer but I cannot seem to reach anyone at MtGox to put that into effect.  I see no place where I can interact with them on the site and I've e-mailed info@mtgox and have received no reply.  How do you get your money out of MtGox short of buying back bitcoins and sending them elsewhere for exchange???

It seems that MtGox was sold to a person living in Japan, who has had limited contact since the tsunami.  MtGox has apparently been mostly running on auto-pilot since the tsunami.  No advice as to how you should proceed.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
xf2_org
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April 18, 2011, 11:51:32 PM
 #4

Didn't Liberty Reserve get shut down?

No.  Liberty Reserve is up and working.

It seems that MtGox was sold to a person living in Japan, who has had limited contact since the tsunami.  MtGox has apparently been mostly running on auto-pilot since the tsunami.  No advice as to how you should proceed.

MagicalTux has been actively posting on this forum, developing new features and such.

ronaldmaustin
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April 19, 2011, 12:03:44 AM
 #5

No, actually I just re-emailed the guy and he got back to me immediately and offered a free bank transfer right now.  His name was Mark something, so I doubt he personally is in Japan, but you never know.  LR is up.  It did get shut down for a day or two a couple of weeks ago due to a server change or something.  Downtime is not a good thing when money is involved.  Anyhow, I'll report back on how long the wire transfer takes.  The exchangers are cutthroats.  It costs 2% just to put your money into LR because you pay 1% and you pay MtGox's 1%.  Then you supposedly pay 3% or so to exhange LR for USD.  However, when I did it, the fee was $26!  Should have been $6.  Mabye the LR money exchanger charges $20 for the bank transfer, but they advertise that they don't.  $200 turned into $170 in minutes.  I did not go through with the transaction and just sent the $196 back to MtGox.  I'd sooner change it back to Bitcoins and have it delivered instantly to my PayPal via coincard.ndrix.com, where I've had good luck and good service in the past.
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April 19, 2011, 12:11:08 AM
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Mark Karpeles, and yes, he is actually in Japan: http://twitter.com/MagicalTux/
gigabytecoin
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April 19, 2011, 08:45:41 AM
 #7

bump

Didn't Liberty Reserve get shut down?

You're mistaking Liberty Reserve with the Liberty Dollar.
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