Topic: Mt.Gox SEPA withdrawals (Read 3012 times)
Slightly side tracking here but how long oes sepa deposits to mt gox take roughly?
i wait 3 weeks + now ; ;(
Fuck this btc shit
glad i not invested 1 million
then i would piss blod by now
Fuck this btc shit
glad i not invested 1 million
then i would piss blod by now 
Maybe they sit on your money for a while
don't tell me to be patient, It has been 5 weeks since I am waiting for SEPA transfer that is supposed to take 1 working day to complete.
Mt.gox is garbage, only good to deposit money (and they do, it takes them 1 day to RECEIVE your SEPA transfer)
Mt.gox is garbage, only good to deposit money (and they do, it takes them 1 day to RECEIVE your SEPA transfer)
My last withdrawal that happened before the crash took 8 (working) days... now after the crash I am worried how long it will take...
Anyone else waiting for sepa withdrawals?
Anyone else waiting for sepa withdrawals?
My last SEPA withdrawal happens on 4th April. It was credited to my German bank account yesterday. Minus 1% fee. So it took over a month. But nevertheless it works.
My advice: Be patient. Do not panic! Only invest what you are willing to lose. If you win do not be greedy. AND (most important): Never ever imagine malignancy if impotence completely sufficient as explanation.
Until now I have not lost money with Mt. Gox. I trade there for a year now, which is longer than most other sites exist.
If Mt. Gox would disappear, prices would go to the basement for a very long time. On all platforms.
confirmed on 2013/04/13 still not processed
24 days passed (576 hours)
E.g. It would take about 13 days or 320 hours to walk from Warsaw Poland to Marlborough, UK according to google maps (without stopping of course)
I wonder if this will be processed in less than 640 hours or not, this is really sad, I wonder why are they offering this crippled service at all and why it's ok for them to receive the money but not to send it back
24 days passed (576 hours)
E.g. It would take about 13 days or 320 hours to walk from Warsaw Poland to Marlborough, UK according to google maps (without stopping of course)
I wonder if this will be processed in less than 640 hours or not, this is really sad, I wonder why are they offering this crippled service at all and why it's ok for them to receive the money but not to send it back
SEPA normally takes only one working day
....there are lots of share and ForEX trading sites who have been doing what Gox is failing to do for many years now, and with far better security and far lower fees. All we need is one to get on board and if they do a competent job they will win most market share in a very short time.
Peer2peer trading will always be conceptually better if anyone could get that to work.
That's a different matter. There are two practical problems - one is volume of trade: low fees come from having a big turnover - the second is the banks who are trying as hard as possible to block btc by not dealing with the exchange companies. There is no UK or US bank so far as I can see that deals with them.
That's why SEPA is so important for UK bitcoin because the UK banks can't stop a SEPA payment and have to convert EUR to GBP. Even then some of the scumbags like Nat West put an additional fee on top of any exchange commission when euros are sent to your account. (For every foreign transaction not just bitcoin related)
In short I don't think expertise is the sole problem.
....Also all the high fees are not within the trading section (apart from the loony tunes maker/taker crap) but the transitions and intermediaries.
Yay 10:50 UTC marked as "processed" so the Poles have got it, now how fast is SEPA itself?
Raised a ticket and got the same standard message... but now my withdrawal says pending. Last time "pending" became "processed" in less than a day but it's a weekend now. Not holding my breath!
As for Coinlab that was just hot air. The muppets were claiming for "Beach[sic] of duty". If they can't spell a crucial word in a legal document would you trust your money to them???!!! They seem like a bunch of chancers on the bandwagon and I doubt they will be any more efficient at running the business.
As for Coinlab that was just hot air. The muppets were claiming for "Beach[sic] of duty". If they can't spell a crucial word in a legal document would you trust your money to them???!!! They seem like a bunch of chancers on the bandwagon and I doubt they will be any more efficient at running the business.
CoinLab may be a non-starter run by people who have about the same ability as MtGox but there are lots of share and ForEX trading sites who have been doing what Gox is failing to do for many years now, and with far better security and far lower fees. All we need is one to get on board and if they do a competent job they will win most market share in a very short time.
Peer2peer trading will always be conceptually better if anyone could get that to work.
Raised a ticket and got the same standard message... but now my withdrawal says pending. Last time "pending" became "processed" in less than a day but it's a weekend now. Not holding my breath!
As for Coinlab that was just hot air. The muppets were claiming for "Beach[sic] of duty". If they can't spell a crucial word in a legal document would you trust your money to them???!!! They seem like a bunch of chancers on the bandwagon and I doubt they will be any more efficient at running the business.
As for Coinlab that was just hot air. The muppets were claiming for "Beach[sic] of duty". If they can't spell a crucial word in a legal document would you trust your money to them???!!! They seem like a bunch of chancers on the bandwagon and I doubt they will be any more efficient at running the business.
Now 23 days, 15 working days since my withdrawal on the 10th of April was confirmed!!!
I'm 2, 3 and 4 days behind you....
God it's annoying.
That long? Looks like I've got a long wait.
First these jokers leak my password hash and email.
Then they close my account and keep the loose change I left in it.
Then they demand all sorts of paperwork that I'm really starting to regret giving.
Then they go up and down like a jo-jo.
Now they won't or can't give me my own money.
Then they get sued by Coinlab for $75 million because they won't or can't keep to the terms of their contract thus putting at risk all the withdrawals they are stalling on.
Plus their fees are excessive.
Mt.Gox needs to be replaced. I'm never dealing with them again.
Hopefully CoinLab will go their own way and setup something better instead of crying about being stabbed in the back by Mt.Gox.
Mt.Gox need to be replaced, there is no other way BitCoin can succeed.
Ideally they should be replaced with with something peer2peer or at least with a number of smaller exchanges.
Ideally they should be replaced with with something peer2peer or at least with a number of smaller exchanges.
Now 23 days, 15 working days since my withdrawal on the 10th of April was confirmed!!!
No change to pending, yet alone processed.
They are getting worse rather than better.
Stuff the theories they should get on with things. I have now had to raise a support ticket for two out of three withdrawals! That should not be necessary on any planet. MtGox will be commercially doomed if they don't fix this.
I shall revert to my old route for turning btc to cash, slightly more involved but more trustworthy.
No change to pending, yet alone processed.
They are getting worse rather than better.
Stuff the theories they should get on with things. I have now had to raise a support ticket for two out of three withdrawals! That should not be necessary on any planet. MtGox will be commercially doomed if they don't fix this.
I shall revert to my old route for turning btc to cash, slightly more involved but more trustworthy.
Got this from the support:
This Explaination fits to that was is happening.
The Withdraw robots takes from every User the oldest Withdraw and processes this until the Limit it is reached. Then it stop in the Userlist and starts there on the next run.
So if you have more withdraws in the queue, then it takes long, if you only have one in the withdraw queue, then it goes fast.
It fits to my Experience and to other Posts that i have read in the Forum.
Or maybe somebody else has a different Theorie ?
Quote
Hello,
We have reached the daily limit for withdrawal that was imposed on us by our bank and all withdrawals are now being queued for processing and all will be processed according to the daily queue and we will keep you updated once processed and we apologize for the inconvenience
Thanks,
MtGox.com Team
We have reached the daily limit for withdrawal that was imposed on us by our bank and all withdrawals are now being queued for processing and all will be processed according to the daily queue and we will keep you updated once processed and we apologize for the inconvenience
Thanks,
MtGox.com Team
This Explaination fits to that was is happening.
The Withdraw robots takes from every User the oldest Withdraw and processes this until the Limit it is reached. Then it stop in the Userlist and starts there on the next run.
So if you have more withdraws in the queue, then it takes long, if you only have one in the withdraw queue, then it goes fast.
It fits to my Experience and to other Posts that i have read in the Forum.
Or maybe somebody else has a different Theorie ?
My theory is that this is their operational problem and they have to sort it out unless they want to be replaced as the main bitcoin exchange. I've never had a SEPA transfer from anyone anywhere take this long. I'll be sticking to bitcoin.de in future.
Got this from the support:
This Explaination fits to that was is happening.
The Withdraw robots takes from every User the oldest Withdraw and processes this until the Limit it is reached. Then it stop in the Userlist and starts there on the next run.
So if you have more withdraws in the queue, then it takes long, if you only have one in the withdraw queue, then it goes fast.
It fits to my Experience and to other Posts that i have read in the Forum.
Or maybe somebody else has a different Theorie ?
Quote
Hello,
We have reached the daily limit for withdrawal that was imposed on us by our bank and all withdrawals are now being queued for processing and all will be processed according to the daily queue and we will keep you updated once processed and we apologize for the inconvenience
Thanks,
MtGox.com Team
We have reached the daily limit for withdrawal that was imposed on us by our bank and all withdrawals are now being queued for processing and all will be processed according to the daily queue and we will keep you updated once processed and we apologize for the inconvenience
Thanks,
MtGox.com Team
This Explaination fits to that was is happening.
The Withdraw robots takes from every User the oldest Withdraw and processes this until the Limit it is reached. Then it stop in the Userlist and starts there on the next run.
So if you have more withdraws in the queue, then it takes long, if you only have one in the withdraw queue, then it goes fast.
It fits to my Experience and to other Posts that i have read in the Forum.
Or maybe somebody else has a different Theorie ?
I have 4 withdraws 04/13 04/14 04/15 04/017 confirmed and still waiting
mt.gox recently replied to my tweet about this situation:
mt.gox recently replied to my tweet about this situation:
Quote
Hello,
Sorry for the delay.We continue to check the status and will notify you as soon as they are processed.We appreciate your patience.
May 01, 2013 11:48
Sorry for the delay.We continue to check the status and will notify you as soon as they are processed.We appreciate your patience.
May 01, 2013 11:48
can't wait to stop doing business with mt.gox, first transfer 13/04 still only confirmed and by the looks of it it is gonna be a while
anyone can comment about the withdrawal fees from japan bank to europe? I found no information about withdrawal fees at all
also how long it takes would be useful too...
On Monday (29.4) my Withdraw from 7/4 gots processed, Today(30.4) it is in my account.anyone can comment about the withdrawal fees from japan bank to europe? I found no information about withdrawal fees at all
also how long it takes would be useful too...
Some withdraws it shows in the history state pending, they are on the same Day in my Bank account.
1% Is the Sepa Fee that MtGox takes.
@etheral: is it possible that you have several withdraws with state confirmed in your pipe, or is it only one ?
I am asking, cause i would like to find out, why it takes so long. I have 7 Withdraws with the state confirmed, oldest is now 9.4.
i got my SEPA confirmed since 11/04, international wire from yesterday is processed now.
mtgox supports 2 way authentication, yubikey (they sent me one for free) and google authenticator.
mtgox supports 2 way authentication, yubikey (they sent me one for free) and google authenticator.
can't wait to stop doing business with mt.gox, first transfer 13/04 still only confirmed and by the looks of it it is gonna be a while
anyone can comment about the withdrawal fees from japan bank to europe? I found no information about withdrawal fees at all
also how long it takes would be useful too...
someone recently stole 660 euros from my mt.gox account that I left in case I wanted to buy some bitcoins again,
After I noticed the transfer, I instantly contacted them about the unauthorised transfer (bitcoins), they replied 2 days later that they are sorry and can't do anything
I really hate mt.gox... even blockchain that offers a completely free service is capable of providing 2 auth with sms... also locking to one ip, etc.
they approve deposits to their shitty poland account within few days but it takes them weeks to process withdrawals back to the same account
anyone can comment about the withdrawal fees from japan bank to europe? I found no information about withdrawal fees at all
also how long it takes would be useful too...
someone recently stole 660 euros from my mt.gox account that I left in case I wanted to buy some bitcoins again,
After I noticed the transfer, I instantly contacted them about the unauthorised transfer (bitcoins), they replied 2 days later that they are sorry and can't do anything
I really hate mt.gox... even blockchain that offers a completely free service is capable of providing 2 auth with sms... also locking to one ip, etc.
they approve deposits to their shitty poland account within few days but it takes them weeks to process withdrawals back to the same account
They are getting slower, still no movement on my order from the 10th but since they have taken a week from dealing with an order on the 6th to dealing with the 7th, not surprising.
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