Topic: MtGox withdrawal delays [Gathering] - page 185. (Read 908727 times)

also, if you got a chicken around, sacrifice it and chant, while sprinkling it's blood to the northern corner of your room!

split into few mBTC and send few thousand times, also switch off the light in the room and try not to breath

split it in small amounts, as I've stated, my 0.3 has gone through in minutes, and I did it in the middle of withdraw chaos (on the 30th).

I just had a 1/27 stuck btc withdrawal credited back to my account. There was no mention of the credit in the boilerplate message I got from gox in response to my ticket but the goxcoins are in my account now so I guess I roll the dice again on a withdrawal?

You mad bro? 

I tried a cheap bank which used Citibank in London as intermediate for sending SEPA transfers. (I didn't know at the time I signed up.)  When I tried to transfer a deposit to Intersango on the first day, the bank told me Citibank refused to process my transfer due to U.S. sanctions.  Intersango isn't on the list either.  I reported the bank to the Norwegian Financial Authority for imposing arbitrary restrictions on money transfer, and the bank contacted me right back and offered a settlement, but that's another story.  I was a customer of this bank for one day only.

Citibank Japan no longer accept withdrawals from MtGox either, btw.  According to reports in this thread.

Anyhow, I think the Bitinstant case is a hint to why transfers are blocked, and why Mark haven't been allowed to talk about it.  I don't know why the 5% option works (5% is due to 2x currency conversion fees, it is not a MtGox fee), but I know the method is very limited.  I frequently get reports from European users getting their money after only four days by this option.  Is it slower for U.S. users?  It should be slow for everyone now, since it is restricted by the same 100M JPY limit that limits as Japanese domestic transfers.

To those of you who are insulting me: I will only answer your questions after you have sent me an apology signed by your mum.  My finger has become very attracted to the ignore button as well, and I may not see your apology.  Sorry about that.

Bingo!

Right. That's just an excuse dreamed up by Mt. Gox's defenders. Even Mt. Gox doesn't say that officially.

If there was some action by the U.S. Government, it would affect funds being sent to Mt. Gox from US banks.  Somehow, sending money to Mt. Gox from the US always works fine. Nobody has ever reported a wire transfer to Mt. Gox being returned to sender. Somehow, Mt. Gox's problems are always on the withdrawal side.

Yes, the U.S. Government's Office of Foreign Asset Control tells banks to block money transfers to certain persons and organizations Here is the searchable list.  Only 18 names in Japan are listed. Mt Gox, Tibanne, and Karpeles are not on the list. OFAC only says "yes" or "no"; there's no procedure which imposes a rate limit.

Reality: The U.S. Government doesn't care much about Bitcoin. They only care if you do something illegal with Bitcoins that would be illegal if you did it with some other currency or commodity.

Hi All,
Just another person here affected by Gox restricting my account and not being able to withdraw any coins. I withdrew some around new years successfully. Logged on a week ago and found my account restricted. I have sent 3 support tickets and first one from 5 days ago has not been answered. Very frustrating. Will post if I get an answer. I don't usually post things on the Internet but I think people should know what's going on. Glad I'm not the only one. Hope Gox fixes this quickly. Never had a problem with them until now after 2 years.
I see the bitinstant posting here, I've never done any business with bitinstant that I know of.

As I suspected.  Mt. Gox went full honey-pot about 9 months ago.  Now they are not even trying to hide it (and why would they since they seem to be in a death rattle now anyhow.)

I used them (or tried to) since that time anticipating this possibility.  At the time I also held out the hope that the opposite was true in that they made some attempt to maintain customer privacy by not dumping their records to CoInlAb.  I personally didn't care one way or another since my shit is clean.  Naturally I hoped that someone in the community had some balls (a-la the Lavabit guy.)  Still hopeful that there is at least one such guy involved in Bitcoin...have not noted one yet

 - edit:  Actually, David Sterry (weex) President of ExchB came close to Lavabit behavior I suspect.  I'd give him a bunch of default trust on any future efforts he was involved in.  And Jered Kenna treated me right at least at the end of Tradehill-I.  Some others have complained.

Got an update from MtGox in Japanese to Japanese customers via email yesterday.

(sorry it does not help at all the US or Europe-base account holders  )

Basically it says (--> my comments)

- they apologize sincerely for the delays

- there has been a tremendous increase recently of Japanese customers willing to open an account because bitcoin has been publicized a lot by Japanese media.
--> it s true that more and more media have talked about it very recently

- there has been a lot of withdrawal requests between 2013DEC21 and 2014JAN06.
--> that combined with the winter Japanese holidays (2013DEC28~2014JAN06) which are the longest of the year did not help them

- they are in the process of increasing their support staff

- For JPY withdrawals, they need more or less 2 weeks to process them
--> which is shorter than the 25 days estimate. (<-- this is probably a bit conservateur)

Besides, if you look at https://support.mtgox.com/entries/21649594-Withdrawals-and-Deposits, you can see it s written ( Withdrawals
We are currently processing withdrawals requested 3 weeks ago. (08 January 2014)), meaning that they have a 3weeks backlog regarding JPY withdrawals.
3weeks is longer than their 2weeks need to process withdrawals.


Well, I think we just need to hope they will be able to increase their staff very quickly and become able to process much faster the withdrawals.

So that amounts to 22/23 business days waiting time.
Wondering whether JNB is really faster. It should be. Will create a JNB account today.

thanks newbie with 1 post, who the fuck cares anymore if we have a confirmation from you now! I will go to celebrate right now
I think MtGox is too stupid to create an account and post this crap

Sure sounds like an attempt to lock user funds where people are inactive on the account for a while.

Cash grab to help the ponzi going?

I'm already a verified MtGox user and have been sporadically using the service for almost a year now. Today I log in and see the "Attention Users: All withdrawals and deposits require account verification."

Yeah sure, fine I think.  I submitted verification documents and went through that ages ago.  Then I check my funding options and see.

"Your account has been restricted from accessing funding options. Please contact [email protected] for additional information on why your account has been restricted."

Then I check the verification section of the site and see the exact same message.  Literally no option given to do anything other than contact [email protected].  What a headache  

EDIT: I found the answer.


So apparently they're exacting scrutiny on anyone who ever used the bitinstant service to fund their account.  Wow.

Hi All,

I was freaking out about a 6 day delay on withdrawing 100 BTC, but there is hope!  I just put in for 80 BTC and got them on blockchain!!  I got a 5 BTC withdrawal last night also very quickly (like it should be).  However, the 100 and a couple of smaller withdrawals have not gone through yet. Nor have I received any response to the support tickets I sent.

I suppose I'll get flamed for posting this as a shill, but it is what it is, so good news for all of us waiting here.

Cheers.

you have a slim chance with btc withdrawal, if lucky 40-50% goes through fine, if unlucky, only 10-20%
(based on experience, not scientific)

The latest information I would be interested in is: how much do you trust mtgox with your fiat and btc?
I guess zero of each there.

Thank you! we will be paying attention, please don't forget to update us.

And another thing that you might put your brilliant legal mind to Strudle (or dick-eating propagandist mind to as the case may be):

Do you suppose that @MagicalFux was trying to imply that the U.S. Govt barred Mt. Gox from sending out USD wires which didn't have a 5% fuck-you-sucker charge but says that those which do are A-OK?