So.. now we're with the rest of those in MtGox wondering OMGWTFBBQ is happening with USD. That said, I've been out of the loop for a while with them, but I am wondering... any chance of withdrawing successfully to a US account in my lifetime? Has anything changed?
Rather not market buy @ $145 or more to be able to get out of Gox, but I figure that's probably what needs to happen.
Suggestions?
Hi AntiMatter,
There aren't too many options available if you're looking to withdraw your cash. MTGOX has essentially stopped wiring USD (either because they're insolvent or because they lack the capacity to wire funds).
I was in a similar situation like you (minus the accidental sell) where I needed funds. I opened an account at Bitstamp (sent U.S. ID - Passport & utility bill and was verified within 1 day) and transferred my BTC's out of MTGOX to Bitstamp. I waited a little until the price on Bitstamp for BTC went up a bit and then sold. I requested a transfer and the funds were in my US bank account within 2 business days (on another transfer the funds arrived the next day).
My advice is to take a small lose on the re-purchase of BTC's on MTGOX and get it out to Bitstamp if you need the funds.
If not, take a small lose and repurchase BTC's if you think that the recent ascent will continue.
Good Luck!