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Author Topic: So what is going on with Mt.Gox -> Dwolla.  (Read 5556 times)
DeathAndTaxes
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Gerald Davis


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May 06, 2012, 11:40:11 PM
 #1

Anyone else sees massive delays.

It use to be 1-2 hours, then it turned into a couple hours, then a lot of hours but usually the same day.  My most recent tx was 3 days ago and hasn't shown up in Dwolla.  

Mt.Gox customer support is clueless as usual.  Anyone else having problem?

Hey Mt.Gox here is an idea if you DON'T HAVE THE FUNDS TO ALLOW A DWOLLA WITHDRAWAL ..... DRUMROLL .... DON'T FUCKING OFFER A DWOLLA WITHDRAWAL!

I would rather see "no funds available for Dwolla withdrawal.  Estimated delays 3-5 days" than a "withdrawal" button which does nothing and keeps my funds locked up in limbo.
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aseldon
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May 06, 2012, 11:46:36 PM
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Same thing with me. I withdrew to Dwolla on the 3rd and have yet to see anything on Dwolla's side. Mt. Gox does show it as confirmed so I'm hoping thats a good sign.
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May 07, 2012, 12:02:05 AM
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I sent USD from MtGox to Dwolla on the 2nd. Still waiting for it to show up in Dwolla. Not sure if this is a Dwolla problem, or MtGox problem.

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May 07, 2012, 12:38:22 AM
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Would be nice to know, I have a scheduled withdrawal happening on the 14th and would like to know the delay.

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May 07, 2012, 12:41:38 AM
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It seems that anything in Dwolla that touches MtGox is subject to major delays. I don't know in this case whether the delay is due to lack of funds in MtGox's Dwolla account, or whether Dwolla is purposely delaying things, but I honestly suspect the latter. There have been reports of Dwolla users sending funds to other Dwolla users after withdrawing from MtGox, and being subjected to several day delays, instead of it being instant as usual.

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May 07, 2012, 01:52:31 AM
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http://www.downforeveryoneorjustme.com/dwolla.com

Dwolla is down for me and everyone else right now.  Sad

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May 07, 2012, 01:54:19 AM
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ok, they are back up. 

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May 07, 2012, 01:57:36 AM
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It seems that anything in Dwolla that touches MtGox is subject to major delays. I don't know in this case whether the delay is due to lack of funds in MtGox's Dwolla account, or whether Dwolla is purposely delaying things, but I honestly suspect the latter.

The last word on the support announcement:

Update (28/4/2012): Dwolla transfers are still delayed. While any outstanding withdrawals will be processed, transfers will happen at a significantly reduced speed. Any users who are concerned about their withdrawal are encouraged to contact Mt.Gox Support, and if so desired, cancel their withdrawal.

 - https://support.mtgox.com/entries/21290798-dwolla-delays

The wording of that (and an earlier status) makes it appear not be that Mt. Gox isn't willing to transfer sufficient cash to Dwolla but that Dwolla has limits as to how much of transfers they are allowed to perform.

There have been reports of Dwolla users sending funds to other Dwolla users after withdrawing from MtGox, and being subjected to several day delays, instead of it being instant as usual.

There was a SINGLE report of that, and that single incident was resolved two days within a week after it was reported.
 - http://bitcointalk.org/index.php?topic=77605.msg869301#msg869301

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May 07, 2012, 02:42:07 AM
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Alright, so let cut to the chase.

I assume we are all in this thread because our money (USD) is currently frozen, right? Lets talk other options from getting money from MtGox to our bank accounts (and vice versa). Does Liberty Reserve do the same thing Dwolla can do? Prices/Fees? Wait time? Is there another proxy we can use until Dwolla is back online?

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Charlie 'Van Bitcoin' Shrem


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May 07, 2012, 03:08:38 AM
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Alright, so let cut to the chase.

I assume we are all in this thread because our money (USD) is currently frozen, right? Lets talk other options from getting money from MtGox to our bank accounts (and vice versa). Does Liberty Reserve do the same thing Dwolla can do? Prices/Fees? Wait time? Is there another proxy we can use until Dwolla is back online?

Working on it.

MtGox Dwolla Delays- It's a mixture of them not having enough USD in their American accounts to cover Dwolla / The week long Japanese holiday / Uptake in withdrawals via Dwolla / Dwolla imposing new limits and difficulties for merchants / Not sure what else.

The fact of the matter, right now, withdrawals are still being processed- even if it's taking 2 weeks or so. Hopefully the delays will thin out over the next few weeks.

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May 07, 2012, 03:30:43 AM
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what going on?

Welcome to chinese bitcoin website: http://www.hxtop.com  ;I am planing for bitcoin business in china,if you interesting mail me:swemp@qq.com or skype: swemp.chen QQ:970617
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May 07, 2012, 03:59:34 AM
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Lets talk other options from getting money from MtGox to our bank accounts (and vice versa).

Here's a thread specifically for those wishing to trade MTGUSD redeemable codes for Dwolla and vice-versa.

 - http://bitcointalk.org/index.php?topic=78512.0

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Charlie 'Van Bitcoin' Shrem


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May 07, 2012, 04:12:59 AM
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Lets talk other options from getting money from MtGox to our bank accounts (and vice versa).

Here's a thread specifically for those wishing to trade MTGUSD redeemable codes for Dwolla and vice-versa.

 - http://bitcointalk.org/index.php?topic=78512.0


Hey, you incorrectly quoted me.

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May 07, 2012, 04:19:12 AM
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Lets talk other options from getting money from MtGox to our bank accounts (and vice versa).

Here's a thread specifically for those wishing to trade MTGUSD redeemable codes for Dwolla and vice-versa.

 - http://bitcointalk.org/index.php?topic=78512.0

I'm in the same boat and this is stinking ridiculous.  Wish I had found this thread earlier.

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May 07, 2012, 04:29:41 AM
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Hey, you incorrectly quoted me.

Doh!  Sorry.  Fixed.

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May 08, 2012, 03:19:13 PM
 #16

Just got an email from Dwolla saying that I now have the money in my account. Just signed in, money was there. Just sent it to my Bank.

So I sent the money Friday, didn't show up until Tuesday (5 days, 3 Business Days). It says it should be in my bank by Friday the 11th at 5pm CST.

Anyone else have success?


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May 08, 2012, 03:28:49 PM
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Just got an email from Dwolla saying that I now have the money in my account. Just signed in, money was there. Just sent it to my Bank.

So I sent the money Friday, didn't show up until Tuesday (5 days, 3 Business Days). It says it should be in my bank by Friday the 11th at 5pm CST.

Anyone else have success?


Mine was about the same.  I sent it wednesday or thursday and received it on monday.

DeathAndTaxes
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Gerald Davis


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May 08, 2012, 04:46:12 PM
 #18

mufa23 - Sent Friday - Shows Tuesday
tgmarks - Sent Wed/Thur - Shows Monday
D&T - Sent Thursday - Huh No Show

How that hell did that happen?
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May 08, 2012, 05:05:30 PM
 #19

Requested last Tuesday, arrived Monday.  I'm hoping now that their holiday is over we'll see them catch up a bit better.  A week delay isn't too bad in my case, though there is still the 2 day wait for it to hit my bank account after it gets to Dwolla.

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May 08, 2012, 06:21:42 PM
 #20

Requested Withdrawal on the 1st (Tuesday) and it is now the 8th (Tuesday). Still no funds Dwolla side yet.  Huh

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