Topic: MtGox bitcoin withdrawal delay >:( - page 7. (Read 36292 times)

Been waiting three days now, 10 support tickets ignored. I'm moving all my business permanently to Bitstamp.

I finally managed to get everything off of Mt.Gox successfully.

I cancelled the USD wire transfer that had been pending for over a month, put in a buy limit order 20% below market, and waited for a correction.  When it finally hit, I transferred the BTC to Bitstamp and sold there.  From that point it was less than a week to get the USD from Slovenia to my bank in the U.S.

I think the infinite delays getting USD off of Mt.Gox are due to U.S. banks refusing to accept wire transfers from an exchange that is at war with the U.S. government.  Banks are siding with their regulators.  So don't bother trinig to do USD withdrawals from Mt.Gox to U.S. banks.

I think the delays in BTC withdrawals are due to bottlenecks caused by their security measures.  They only keep a small amount of BTC online, and when that is used up, they have bottlenecks getting funds from offline wallets.  This is merely a mild annoyance, not indicitave of a real problem.

The real problem is their lack of honesty.  They could openly admit that they cannot process wire transfers to North American banks, but they keep quiet and pretend that there is not a problem.  They could openly state that BTC withdrawals will take up to 48 hours, but they just don't seem to care.

In my experience, when you do business with dishonest people, you eventually get burned.  Is it worth the risk?

According how the withdraws works on gox, I would make 7 withdrawals to take that 700, not a direct 700 withdrawal. Is better to be stocked with 300 btc than 700 btc.

I hope you can understand what I'm trying to say, my english is becoming worst every day

One person here withdrew 700btc. It took him five days to receive I think.

I made three withdrawals. The first is still missing, this afternoon will be 72 hours. The second was received after about 48 hours. The third - which was the largest withdrawal - was nearly instant.

It makes no sense. Withdrawal size and order do not seem to matter.

MtGox is unreliable. I'm going to close my account forever because of their delays and poor customer service. If I were a merchant, I would not use them.

I made a 0.6 withdrawal a few minutes ago, and is now on block chain. I'm still waiting my euros I withdraw a few days ago.

Has anyone been successfully able to withdraw a good amount of coin - say, over 2,000? If so, how long did it take?

I received my Bitcoin withdrawal after roughly 48 hours.

Got my BTC, but only after 38 hours.

Did you receive anything yet? It's been five days for you...or something like that.

But it's concerning that they have been "working hard" to resolve that problem since May. Your post was in November.... and apparently it still hasn't been resolved. Unless this is a new problem with the same effect.

did an 8 BTC withdraw with a fee, nearly 36 hours later and no coins. Can't force the transaction, states it's invalid. No response from support either.

This will probably be the last time I use Gox as well.

Indeed, do not use them. I did get my bitcoins after 24 hours. Their support replied 5 days later telling me that the transaction went through, what a bunch of tits.

Just after withdrawing out of MtGox I discovered that their bitcoin transaction can take 24h?!?!?!
How the hell can this be. Do they have baboons behind PCs with bitcoin-qt and typing in the transactions manually?!
In an very important time I discover that MtGox is beyond incompetent. I will never use them again and I will tell everyone I meet to not use them. I will curse the day they decided to enter the bitcoin market system.  Their incompetence will be very costly to me.

Yeah. MtGox is like that slow-mo van-off-a-bridge crash in "Inception" which lasted half the film.

So glad i'm no longer part of this mess.

That is just crazy. Still nothing happening on the blockchain, and not even a support reply.

BTC withdrawls have been taking about 48 hours lately in my and my friends' experience.  High volume I'm sure.

Same problem here today. Previous withdrawal was instant. And the new one today delayed, nothing is appearing on the blockchain. I payed the fee.

Just FYI...

For what it's worth, I just withdrew a few BTC from Gox to my private wallet, and the transaction completed in less than three minutes. 

Check both boxes.  Get 6 confirms, AND pay the .001 BTC fee.  That seems worth it to me.