Anyone tell me whats up with dwolla?
First i been waiting on a transfer from MTGox for 3 hours +.
Account-to-account (A2A) transfers at Dwolla show instantaneously, so the problem is most likely that Mt. Gox hasn't sent through your transaction.
This can be for a number of reason, sometimes beyond Mt. Gox's control. Dwolla just did a huge update over the weekend -- something that previously has caused problems for bitcoin exchanges which need to rewrite code to restore the same functionality that was available before the update. (Dwolla's transactional systems are insufficient so exchanges resorted to doing "screen scraping" to get the data needed, believe it or not.)
Other times the problem has to do with cash management. Mt. Gox doesn't know how many people will be withdrawing to Dwolla, so they only keep a certain level of funds in Dwolla so that they can transfer to fulfill withdawal transactions. When they run out of funds in their account, they too have delays in moving funds over to Dwolla - it can take a day or three just like with anyone else.
And now Dwolla wont even load. I was really counting on dwolla and there really letting me down.
If you are counting on Dwolla to do inter-exchange arbitrage, yes -- the delays from the exchanges are frustrating. And as a result because the flows are not running smooth the arbitrage opportunities become even more pronounced which gets traders even more anxious.
If it isn't for inter-exchange arbitrage -- what's the harm from a few hours? Withdrawal to a bank is usually a couple days before you can spend the funds.
Everything you said is very true, and i understand.
The problem is, well for me anyway, I am not rich, what money i do move around is very important to me.
And patience is something i totally lack sometimes. Recent stories of funds disappearing, not accounted for, stolen, fished ect ect drive me nuts,
And what usually happens is i end up freaking myself out to where anything out of the normal is hell.
Now i understand that's my problem and not dwolla's, BUT back to my first point, Money is important to me, what little i have. And when its in limbo i hate it.
So i apologize if it seems im making a big deal over nothing. Also, in the past bitcoin-forum has always provided quick answers since i don't keep up with bitcoin news. Which is why i posted.
Anyway ill stop rambling. Thanks for the reply
Edit: 4 hours :/