Topic: MTGox SEPA Withdraw Delays (Read 9438 times)

Just got back from my bank and yes its like clockwork. Every 20 days I get a deposit from  "MT. GOX POLAND I"

I started to make 1000 Euro withdraws everyday around sept 2013.

First one came in around 6-7 weeks later after that each subsequent one had a 20 day delay give or take a few days.

In total I received 4-5 payments before contacting them and requesting the remaining ones be cancelled.

I'm most likely a total idiot but while everyone is running in fear I'm buying up coins and hoping like hell Gox is actually legit.


These withdraw times are a joke no doubt but I am getting my money and they reply to any support question I have in good time so sod it I'm betting on gox and if I'm right     if I'm wrong well it was good going while it lasted and  bitcoins still changed my life.

Good luck to everyone.

Received now 265.32 € 18/02/2014
20 days of delay

Received a 150€+ withdrawal today (18-Feb-2014) ; small amounts are still processed by MtGox and are quicker than bigger ones.

I'm also interested in SEPA delays, so I'm adding some data :

I requested a withdraw on 27-Jan-2014, still in "confirmed" status according to MtGox.

Edit : Received on 18-Feb-2014 (150€+)

Posted it in other thread too, I received 1 withdraw last week after exactly 6 weeks of waiting. Still waiting for other 3 withdraws which are due (when considering 6 weeks due) this week...

I asked them to cancel my 4 pending EUR withdrawals after waiting for more than a month.
Instead I will buy some cheap coins and withraw them later to a different exchange once they fixed the current withdrawal issue.

Wut? Why do you accuse someone who's saying they haven't received their money (or support) from Gox (yet) of sockpuppeting?

Date: 2014-01-02 21:31:32 GMT
Status: confirmed
Amount: 1,000 €

It's been 40 days and still nothing! I'm gutted 

This is my status now and itsn't in processed status yet.

2014-01-29 18:48:20   Withdraw   Status: confirmed   268 €   

instead, December 31 was the last day I got a withdraw.

sooo.... what's the current status on this? Can they keep up with the "six weeks @ one withdrawal per 20 days" promise?

@coini 13k€ anyhow let them to enjoy your money before

Currently waiting for 3 withdrawals... again

30-11-13 5000 EUR
01-12-13 5000 EUR
09-12-13 3000 EUR

I know from the past, that this is not long, but it is the 10th time in the last 2 3/4 years now, that I wait and fear for my money. OK, in the end the funds always arrived, but some of my withdrawals took far over 10 weeks. I always go through hell.

Today I realized, that I can't stand this anymore, really. I am loosing my mind over this. First thing is, that I can't remember that even 1 withdrawal over 2000 EUR twent through under 6 weeks or so without prior contacting support, wich is always a kind of special pleasure (tin can answers). Second thing is, MtGox lied far too often over the years. They lie with the given withdrawal times on their withdrawal page. They lied about other issues plenty of times - not to mention that they always break a contract, when they need weeks and weeks for the withdrawal (and you pay them like a king for their withdrawal  'service' nevertheless, even when the money needs 12 times longer as said).

I am at the breaking point, and I am not in the mood to wait over christmas for my money. That was it with the Gox for me. End, Fin, Out. Today I asked the support to cancel the withdrawals, I move back to BTC and over to another exchange (one could even better use eBay than the Gox  ), still got no answer, wich makes me even more nervous. I know they will not return the fees for me, I don't care, I just want out.

I opened an account on Bitstamp, wich is not verified yet, hope they are fast with the verification.




 

What would actually make sense is if Gox got their shit together.
WTF is the problem to find a bank like the one PP is using?!?

Just a consideration:
if someone needs to exchange bitcoins, for small amounts, less then 400 eur it is useful to use mtgox (better exchange rate and quick sepa withdrawal);
but for higher amounts, more then 400 eur, most probably it is better to use bitstamp.

In fact, it has no sense to wait 6 weeks for a withdrawal: during 6 weeks BTC could gain 100-150% of its value.

I also had some that have lasted so long. Mostly 999 euros. But in the end the money always arrived.

Mine took nearly 2 months.

Makes sense. There's some kind of threshold for withdrawal size (which is rumored to be 400EUR) and they supposedly use the transactions below the threshold to fill their daily quota. So, small transactions may be processed almost immediately, but for example my 700EUR withdrawal took almost 6 weeks to arrive.

On the 8. October I withdrawal 400 Euro from my Mt. Gox account. They arrived on the 11. October on my bank account. 

My most recent withdraw just arrived, I ordered it up on September 13th, so just under a month and a half.