MtGox withdrawal delay - processed but no BTC yet

Herp

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Activity: 294

Merit: 250

Quote from: Nagle on September 02, 2013, 06:47:48 PM

Quote from: Herp on September 02, 2013, 03:32:19 PM

Here's their explanation:

Quote

"Looks like there is a technical issue and we have already escalated this to our developers and they are currently looking in to this and we are expecting to have this issue resolved soon and we will keep you updated once your withdrawal is processed form our end and we apologize for the inconvenience that this may have caused. "

And the cat ate my homework. Right.

A legit broker would follow that with "We have credited your account at ... bank with $$$ while we resolve our internal problems."

Somehow, all of Mt. Gox's "problems" result in them keeping your money.

It got through eventually after few more hours.

Nagle

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Quote from: Herp on September 02, 2013, 03:32:19 PM

Here's their explanation:

Quote

"Looks like there is a technical issue and we have already escalated this to our developers and they are currently looking in to this and we are expecting to have this issue resolved soon and we will keep you updated once your withdrawal is processed form our end and we apologize for the inconvenience that this may have caused. "

And the cat ate my homework. Right.

A legit broker would follow that with "We have credited your account at ... bank with $$$ while we resolve our internal problems."

Somehow, all of Mt. Gox's "problems" result in them keeping your money.

Herp

sr. member

Activity: 294

Merit: 250

Here's their explanation:

Quote

"Looks like there is a technical issue and we have already escalated this to our developers and they are currently looking in to this and we are expecting to have this issue resolved soon and we will keep you updated once your withdrawal is processed form our end and we apologize for the inconvenience that this may have caused. "

Herp

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Activity: 294

Merit: 250

My withdrawal took place more than 4h ago and still nothing. I have also checked the fee box for faster delivery.

Last replies in that thread discuss USD/EURO withdrawals more than BTC.

CompNsci

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Activity: 332

Merit: 253

Quote from: Herp on September 02, 2013, 10:01:18 AM

How long does it take now? I have a pending BTC withdrawal placed 50 min ago. Still nothing.

See the final pages of this thread: https://bitcointalksearch.org/topic/mtgox-withdrawal-delays-gathering-179586

In brief, noone really knows.

Herp

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Activity: 294

Merit: 250

How long does it take now? I have a pending BTC withdrawal placed 50 min ago. Still nothing.

samson

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Quote from: bystander on June 20, 2013, 03:57:38 AM

Quote from: samson on June 20, 2013, 03:36:59 AM

So finally after one week an official announcement has been made by MtGox today :

All USD withdrawals have been suspended for 2 weeks :

https://mtgox.com/press_release_20130620.html

Thanks, I'm not surprised after all of their BS responses.. The temp hiatus will allow them to build back up some reserves through those deposits and they'll be sending out wires before too long.

In the meantime, got to move funds out through other means.

They do international wires on BTCe. I'm not sure if they will send them to the US though.

bystander

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Quote from: samson on June 20, 2013, 03:36:59 AM

So finally after one week an official announcement has been made by MtGox today :

All USD withdrawals have been suspended for 2 weeks :

https://mtgox.com/press_release_20130620.html

Thanks, I'm not surprised after all of their BS responses.. The temp hiatus will allow them to build back up some reserves through those deposits and they'll be sending out wires before too long.

In the meantime, got to move funds out through other means.

samson

legendary

Activity: 2097

Merit: 1070

So finally after one week an official announcement has been made by MtGox today :

All USD withdrawals have been suspended for 2 weeks :

https://mtgox.com/press_release_20130620.html

morningtime

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Activity: 160

Merit: 100

Quote from: samson on April 15, 2013, 10:21:25 AM

This is a big red flag.

Nothing will make MtGox fall fast and hard more than not having enough staff to process withdrawals and users having to wait weeks.

What are they thinking ? They need to hire dozens of admin staff immediately if there's a delay like this.

Actually, their Polish bank (for EUR) has a monthly withdrawal limit. So you wait for the next month if you're lucky, or the next month after that.

szita2000

member

Activity: 78

Merit: 10

You know what I was thinking Samson?

Imagine the money they have made. Surely a company turning over as many transactions as they do they should be minted from the fees.
They simply shouldn't sacrifice service for profit.

But yes. everything aboout BTC is a liability. I am not a big miner by any means, I made some cash and I am greatful for it so this is not a moan, but people will be turned off because things like this.

Also someone said further above that there is 2 weeks delay = normal transaction time + 2 weeks.
Except noone knows what is the "normal" transaction time, because noone ever had one !.

Well... This was my moan.

samson

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Activity: 2097

Merit: 1070

This is a big red flag.

Nothing will make MtGox fall fast and hard more than not having enough staff to process withdrawals and users having to wait weeks.

What are they thinking ? They need to hire dozens of admin staff immediately if there's a delay like this.

szita2000

member

Activity: 78

Merit: 10

Quote from: BitCoinNutJob on April 15, 2013, 08:14:42 AM

it means normal withdraw time + 2 weeks

F**king hell.... that's loooong time...

Damn you Gox! You ruined the buy one get one free offer @ the escort service...

BitCoinNutJob

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it means normal withdraw time + 2 weeks

wopwop

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Merit: 250

Quote from: szita2000 on April 15, 2013, 08:07:48 AM

Quote from: BitCoinNutJob on April 15, 2013, 07:44:04 AM

I got my withdrawal after a few hours.

I will quote myself, because I think you haven't read it through.

Quote from: szita2000 on April 15, 2013, 02:41:55 AM

recently I was withdrawing Fiat from Gox, and today is the 11th day.
The status is still only confirmed.

I am waiting on EUR.

yep same here waiting on euro

still 'confirmed'

I e-mailed them they said this:

"We are now 2 weeks behind on withdrawals. "

With no indication when they would get to it...

Hope they aren't running for the exits with real money and leave people will useless bitcoins behind

szita2000

member

Activity: 78

Merit: 10

Quote from: BitCoinNutJob on April 15, 2013, 07:44:04 AM

I got my withdrawal after a few hours.

I will quote myself, because I think you haven't read it through.

Quote from: szita2000 on April 15, 2013, 02:41:55 AM

recently I was withdrawing Fiat from Gox, and today is the 11th day.
The status is still only confirmed.

I am waiting on EUR.

wopwop

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Activity: 252

Merit: 250

I tried to withdraw money but its been a week almost and still waiting...

BitCoinNutJob

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You guys need to relax, MTgox are having high demand issues, things are just taking a little longer. I got my withdrawal after a few hours.

Its not often business grows 10 fold in a month anyone would struggle

szita2000

member

Activity: 78

Merit: 10

I think this will present a big problem to the BTC community.
because if common people, who wouldn't mind putting a bit of money in to BTC, just like an investment, will be put off by it, because BTC is not in the mainstream media, it is not a major share if you like.
If anyone gets to know it it will be through a friend.
And if the friend tells you to avoid the biggest exchange because it is hard to get your money back, people will avoid the whole thing like a plague !

samson

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Activity: 2097

Merit: 1070

So it's easy to get money in there but harder to get it out.

This doesn't look good !

Topic: MtGox withdrawal delay - processed but no BTC yet (Read 15763 times)