MtGox withdrawal delays [Gathering] - page 136.

BitPaulo

member

Activity: 71

Merit: 10

Quote from: raskul on February 16, 2014, 01:20:00 AM

Quote from: BitPaulo on February 16, 2014, 12:23:14 AM

WTH just happened at Gox? there was a transaction made at around 375EUR with a bit more than 300BTC.

Is this just part of a test? was it just a mistake from somebody? or is there something dodgy here?

any clarification on that could provide more info on withdrawals...

can you show proof of this please?

sure, here you go:

raskul

sr. member

Activity: 434

Merit: 250

Quote from: BitPaulo on February 16, 2014, 12:23:14 AM

WTH just happened at Gox? there was a transaction made at around 375EUR with a bit more than 300BTC.

Is this just part of a test? was it just a mistake from somebody? or is there something dodgy here?

any clarification on that could provide more info on withdrawals...

can you show proof of this please?

zyk

full member

Activity: 224

Merit: 101

Quote from: el_rlee on February 16, 2014, 12:35:01 AM

Can one cancel fiat withdrawals on Sundays?

yesterday they did it 8 hours after I requested...they love to have no fiat liabilities...thats was always telling..

the fat-ass is even a bit smarter than pirate Undecided

el_rlee

legendary

Activity: 1600

Merit: 1014

Can one cancel fiat withdrawals on Sundays?

BitPaulo

member

Activity: 71

Merit: 10

WTH just happened at Gox? there was a transaction made at around 375EUR with a bit more than 300BTC.

Is this just part of a test? was it just a mistake from somebody? or is there something dodgy here?

any clarification on that could provide more info on withdrawals...

barryliu

newbie

Activity: 8

Merit: 0

Quote from: Lohoris on February 15, 2014, 05:56:27 PM

Quote from: jack0m on February 15, 2014, 05:45:50 PM

From #mtgox:

Quote

[19:08] so if 100k EUR /day isn't enough then why not get a couple more accounts in different EU countries? also a GBP account in UK would be nice
[19:09] <@YYY> because most banks will not accept to open a bank account for a bitcoin exchange
[19:09] <@YYY> its not easy to find new banking partners
[19:09] <@YYY> and it takes time

Especially if you have such a bad reputation

I don't care for their excuses.
Point is, they have problems, you know they have problems, you use them anyway.
You can't really complain, then.

we need a website, all of us get together and send MT to the court!!!!

is here any solicitor or barrister here?? we can form a team to against MT!!!

if no way to complain, we can go to legal action, we can form our website to collect all the MT customer together, is it help? Huh

?

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

~$300 spread between Bitstamp and Gox.

lol MTGOX is dying...good riddance.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: rpietila on February 15, 2014, 05:11:46 PM

Quote from: mp420 on February 15, 2014, 04:51:57 PM

Quote from: Lohoris on February 15, 2014, 04:43:48 PM

Quote from: jack0m on February 15, 2014, 04:34:37 PM

but I could find no report of Sepa transfer still stuck after 6 weeks, like I'm experiencing now

A SEPA transfer usually takes 1 day to clear.

Yes, but Gox supposedly has a quota of 200k EUR per day of SEPA transfers. (It used to be 100k per day, and this was confirmed by someone who actually called their bank in order to ask - I don't know if the bank actually divulged information about Gox (I think that would be illegal) - but probably they asked what kind of limit would a foreign business opening an account have.)

For comparison - I casually made a SEPA transfer of 1,000,000 euros from my personal account to a company in a different country.

MTGox was having problems in the EU long before they ran into trouble with the US last year. This is from 2011 involving issues in France https://bitcointalksearch.org/topic/bitcoin-in-france-first-legal-decision-directly-related-to-bitcoin-41317

donk4u

legendary

Activity: 889

Merit: 1000

Quote from: viajero on February 15, 2014, 08:12:03 PM

Quote from: 31337157 on February 15, 2014, 08:09:59 PM

Quote from: donk4u on February 15, 2014, 08:08:39 PM

If mt gox finally alows people to withdraw and mt gox bitcoin is at say 300 usd while other exchanges are at 650 how does that work exactly?

Then people withdraw to other exchanges and get back to normal (and hopefully in that process, mtgox goes away forever).

nope. it will jump to 750$ at bitstamp and co, and to 850$ on gox. within seconds. thats what is going to happen. same situation as before that mess!

pretty simple...

ok thanks

viajero

member

Activity: 110

Merit: 10

Quote from: 31337157 on February 15, 2014, 08:09:59 PM

Quote from: donk4u on February 15, 2014, 08:08:39 PM

If mt gox finally alows people to withdraw and mt gox bitcoin is at say 300 usd while other exchanges are at 650 how does that work exactly?

Then people withdraw to other exchanges and get back to normal (and hopefully in that process, mtgox goes away forever).

nope. it will jump to 750$ at bitstamp and co, and to 850$ on gox. within seconds. thats what is going to happen. same situation as before that mess!

pretty simple...

31337157

member

Activity: 111

Merit: 10

Quote from: donk4u on February 15, 2014, 08:08:39 PM

If mt gox finally alows people to withdraw and mt gox bitcoin is at say 300 usd while other exchanges are at 650 how does that work exactly?

Then people withdraw to other exchanges and get back to normal (and hopefully in that process, mtgox goes away forever).

donk4u

legendary

Activity: 889

Merit: 1000

If mt gox finally alows people to withdraw and mt gox bitcoin is at say 300 usd while other exchanges are at 650 how does that work exactly?

jack0m

legendary

Activity: 3836

Merit: 2050

Quote from: Lohoris on February 15, 2014, 05:56:27 PM

Quote from: jack0m on February 15, 2014, 05:45:50 PM

From #mtgox:

Quote

[19:08] so if 100k EUR /day isn't enough then why not get a couple more accounts in different EU countries? also a GBP account in UK would be nice
[19:09] <@YYY> because most banks will not accept to open a bank account for a bitcoin exchange
[19:09] <@YYY> its not easy to find new banking partners
[19:09] <@YYY> and it takes time

Especially if you have such a bad reputation

I don't care for their excuses.
Point is, they have problems, you know they have problems, you use them anyway.
You can't really complain, then.

there are obviously problems that were NOT known, some were supposedly known but not to their real extent, and they are probably still hiding some others. That's why there are so many people who come and complain, and have full right to do so!

It turns out one of those unknown problems has grown too big to be denied, and NOW, yes, it's quite clear they are not as trusted as they pretended to be

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: jack0m on February 15, 2014, 05:45:50 PM

From #mtgox:

Quote

[19:08] so if 100k EUR /day isn't enough then why not get a couple more accounts in different EU countries? also a GBP account in UK would be nice
[19:09] <@YYY> because most banks will not accept to open a bank account for a bitcoin exchange
[19:09] <@YYY> its not easy to find new banking partners
[19:09] <@YYY> and it takes time

Especially if you have such a bad reputation

I don't care for their excuses.
Point is, they have problems, you know they have problems, you use them anyway.
You can't really complain, then.

jack0m

legendary

Activity: 3836

Merit: 2050

Quote from: rpietila on February 15, 2014, 05:11:46 PM

Quote from: mp420 on February 15, 2014, 04:51:57 PM

Quote from: Lohoris on February 15, 2014, 04:43:48 PM

Quote from: jack0m on February 15, 2014, 04:34:37 PM

but I could find no report of Sepa transfer still stuck after 6 weeks, like I'm experiencing now

A SEPA transfer usually takes 1 day to clear.

Yes, but Gox supposedly has a quota of 200k EUR per day of SEPA transfers. (It used to be 100k per day, and this was confirmed by someone who actually called their bank in order to ask - I don't know if the bank actually divulged information about Gox (I think that would be illegal) - but probably they asked what kind of limit would a foreign business opening an account have.)

For comparison - I casually made a SEPA transfer of 1,000,000 euros from my personal account to a company in a different country.

From #mtgox:

Quote

[19:08] so if 100k EUR /day isn't enough then why not get a couple more accounts in different EU countries? also a GBP account in UK would be nice
[19:09] <@YYY> because most banks will not accept to open a bank account for a bitcoin exchange
[19:09] <@YYY> its not easy to find new banking partners
[19:09] <@YYY> and it takes time

Especially if you have such a bad reputation

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: mp420 on February 15, 2014, 04:51:57 PM

Quote from: Lohoris on February 15, 2014, 04:43:48 PM

Quote from: jack0m on February 15, 2014, 04:34:37 PM

but I could find no report of Sepa transfer still stuck after 6 weeks, like I'm experiencing now

A SEPA transfer usually takes 1 day to clear.

Yes, but Gox supposedly has a quota of 200k EUR per day of SEPA transfers. (It used to be 100k per day, and this was confirmed by someone who actually called their bank in order to ask - I don't know if the bank actually divulged information about Gox (I think that would be illegal) - but probably they asked what kind of limit would a foreign business opening an account have.)

For comparison - I casually made a SEPA transfer of 1,000,000 euros from my personal account to a company in a different country.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: mp420 on February 15, 2014, 04:51:57 PM

Yes, but Gox supposedly has a quota of 200k EUR per day of SEPA transfers.

And if this limit isn't high enough, "they have problems".
As I was saying, it was widely known they had problems.

mp420

hero member

Activity: 501

Merit: 500

Quote from: Lohoris on February 15, 2014, 04:43:48 PM

Quote from: jack0m on February 15, 2014, 04:34:37 PM

but I could find no report of Sepa transfer still stuck after 6 weeks, like I'm experiencing now

A SEPA transfer usually takes 1 day to clear.

Yes, but Gox supposedly has a quota of 200k EUR per day of SEPA transfers. (It used to be 100k per day, and this was confirmed by someone who actually called their bank in order to ask - I don't know if the bank actually divulged information about Gox (I think that would be illegal) - but probably they asked what kind of limit would a foreign business opening an account have.)

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: jack0m on February 15, 2014, 04:34:37 PM

but I could find no report of Sepa transfer still stuck after 6 weeks, like I'm experiencing now

A SEPA transfer usually takes 1 day to clear.

jack0m

legendary

Activity: 3836

Merit: 2050

Quote from: Lohoris on February 15, 2014, 04:01:53 PM

Quote from: jack0m on February 15, 2014, 03:07:33 PM

Guessed what? Gox's unfairness? No, the surprising thing is how they keep denying evidence and treat their customers like idiots, with all the bs in any answer by their worthless support.

And this has been widely known for months, ~since June 2013.

not that widely. There have been known issues with USD withdrawals, but I could find no report of Sepa transfer still stuck after 6 weeks, like I'm experiencing now. If they were in good faith they could at least take the time to give a more credible explanation than simply "backlog", and provide a reasonable ETA, which they refuse to do instead and there is no excuse for this lack of transparency and communication

Topic: MtGox withdrawal delays [Gathering] - page 136. (Read 908720 times)