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Author Topic: what's the longest delay you have had with MTGOX?  (Read 4678 times)
bigbeninlondon
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June 17, 2012, 01:08:06 PM
 #21

So this is a common problem?  I withdrew 3 bitcoins from my MtGox wallet 36 hours ago - nothing.  No response to support request, nothing.  This is my first experience - how do they justify the wait?  Anyone receive an explanation as to WHY?
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June 17, 2012, 01:20:32 PM
 #22

So this is a common problem?  I withdrew 3 bitcoins from my MtGox wallet 36 hours ago - nothing.  No response to support request, nothing.  This is my first experience - how do they justify the wait?  Anyone receive an explanation as to WHY?

Bitcoin withdrawal is likely due to the network taking hours to process the tx. There has been times of 9hrs before it gets included in first block.

This affects everyone, I dont think mtgox is paying fees/high enough fees to process BTC transfers faster.

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bigbeninlondon
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June 17, 2012, 03:01:28 PM
 #23

I think there should be an option where I can pay the .001 fee to get my transaction put in the blockchain faster.  I'd be completely willing to do that for more instant gratification.  Seems a ridiculous way to do business - my first transaction has left a bitter taste in my mouth and I'll be promptly searching for other more reliable methods of obtaining bitcoin.
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June 18, 2012, 10:22:40 PM
 #24

11 days.

I withdrew $881 to dwolla on 6/7/12.  It arrived on 6/18/12.
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June 19, 2012, 07:21:03 AM
 #25

I withdrew on 6/8, finally arrived on 6/18, but only AFTER I had contacted support.

Mt Gox may be purposefully delaying withdrawals until contacted through support, so I'd encourage anyone who has a pending withdrawal to contact support and lay the pressure on.
Grouver (BtcBalance)
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June 19, 2012, 07:33:36 AM
 #26

If it takes this long, why don't people just withdraw there bitcoins to another exchange where the withdrawing to USD or EUR goes faster then.. my god.. 21 days?


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June 19, 2012, 07:42:58 AM
 #27

If it takes this long, why don't people just withdraw there bitcoins to another exchange where the withdrawing to USD or EUR goes faster then.. my god.. 21 days?
They are. Try selling bitcoins anywhere right now within 1% of MtGox - you can't. So, it's either save 2-4% by withdrawing from MtGox and waiting 2-5 weeks, or spend that 2-4% and get your money fairly quickly. Oh, and I forgot to mention, you can only get out of BTC outside of MtGox for 2-4% if you're talking a volume of a few hundred BTC. Much more than that would clear the books of the other exchanges.

DeathAndTaxes
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June 19, 2012, 07:52:23 AM
 #28

Or don't use an exchange. Smiley

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June 19, 2012, 05:22:26 PM
 #29

If it takes this long, why don't people just withdraw there bitcoins to another exchange where the withdrawing to USD or EUR goes faster then.. my god.. 21 days?
After this latest withdrawal, that's what I am doing.  Am now using Bitfloor.

The problem, as Maged noted, is that not many BUYERS are using other exchanges, which drops the price compared to Mt. Gox, where the price is being inflated because of the lack of people wanting to sell there.

So, anyone who wants to buy Bitcoins cheaper should look at buying from Bitfloor or one of the other non-MtGox exchanges.

I hope bitinstant is taking advantage of this opportunity as well.  They could use MtGox pricing, but do the actual coin purchases at other exchanges on the cheap.
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June 19, 2012, 05:23:11 PM
 #30

Or don't use an exchange. Smiley

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You need a website or something.

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June 19, 2012, 05:29:52 PM
 #31

12 days
TangibleCryptography
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June 19, 2012, 05:36:44 PM
 #32

You need a website or something.

It is coming, but the current sales volume has been keeping me busy.
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June 22, 2012, 03:16:54 AM
 #33

mine has been 21 days only 600$ wire to mexican international bank ...this shit is rediculous its no even a 1000 and they are taking 3 f.ing weeks
Mt.Gox Support
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June 22, 2012, 03:32:29 AM
 #34

mine has been 21 days only 600$ wire to mexican international bank ...this shit is rediculous its no even a 1000 and they are taking 3 f.ing weeks

Did you ask Mexican peso or USD? Can you please give me your reference number that I can check.

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Herodes
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June 22, 2012, 07:07:26 PM
 #35

FYI:

Long withdrawal times were present already last year. I remember after June last year that I requested some 1K USD withdrawals, and one of them took a complete month to complete. I remember not being too happy about it.
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June 22, 2012, 09:55:29 PM
 #36

My last one was about 17 days til it hit my bank
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June 23, 2012, 10:32:36 PM
 #37

Waiting since the 11th of June Undecided Ticket #29927 - please reply to my emails.

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June 26, 2012, 01:34:24 AM
 #38

Waiting since the 11th of June Undecided Ticket #29927 - please reply to my emails.

I believe that my colleagues replied to your ticket and  that your funds has been sent. Could you please confirm?

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June 26, 2012, 02:18:30 AM
 #39

Awhile back I have one take nearly three weeks just to get to Dwolla. I have one under $300 going through right now, and it's been eight days since I requested the withdraw.

Kinda off topic, but I am happy with Bitfloor. Withdraws from there are always three business days or less. And you can have them send those funds right to your bank. No middle man (Dwolla) is needed. I've read around that deposits to a Bitfloor account takes less then 10 minutes with the Chase Bank option. I'd take a look at Bitfloor if you guys haven't already. Don't know how trust worthy they are since they are fairly new. But so far, I am more then happy with them.

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hoki
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June 26, 2012, 06:41:06 AM
 #40

Waiting since the 11th of June Undecided Ticket #29927 - please reply to my emails.

I believe that my colleagues replied to your ticket and  that your funds has been sent. Could you please confirm?

Yes, my ticket has been answered, thanks. I will confirm once the payment has cleared.

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