MtGox withdrawal delays [Gathering] - page 221.

bernard75

legendary

Activity: 1316

Merit: 1003

Quote from: sturle on November 29, 2013, 04:21:35 AM

Quote from: mestar on November 28, 2013, 10:41:39 PM

I think that the 50k EUR withdrawal limit is complete BS, made up by the Gox head himself. What bank would put such a limit on their clients, they, after all, make money on volume.

What kind of law would say "you should only be able to transfer 50k EUR per day from Japan to Europe".

SEPA is EU + EEA + Switzerland and Monaco. Japan is not included. Their SEPA bank is in Poland. The law is called the EU Payment Service Directive. Look it up or look a bit earlier in this thread for quotes and discussion. Someone even called their bank and got the limit confirmed.

First you spread the BS that GOX has a limit of 50k, after reading up it suddenly became 100k.
Which is it now after the double up?
And how long do your withdraws take for spreading their agenda?

Oh, and btw you either mean EFTA which Switzerland is a part of, or if you talk about EEA then you need to exclude Croatia.
Read up before you spread your propaganda, or somebody might take over your job at GOX.

steelboy

hero member

Activity: 756

Merit: 1000

I have a friend who has sent money to Mt. Gox bank account and they are saying it has not arrived. Is this normal at the moment? (If he had asked me first I would have told him to stay well away in the first place)

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: mestar on November 28, 2013, 10:41:39 PM

I think that the 50k EUR withdrawal limit is complete BS, made up by the Gox head himself. What bank would put such a limit on their clients, they, after all, make money on volume.

What kind of law would say "you should only be able to transfer 50k EUR per day from Japan to Europe".

SEPA is EU + EEA + Switzerland and Monaco. Japan is not included. Their SEPA bank is in Poland. The law is called the EU Payment Service Directive. Look it up or look a bit earlier in this thread for quotes and discussion. Someone even called their bank and got the limit confirmed.

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: Taborresen on November 28, 2013, 03:08:31 PM

Hei Sturle. Nordmann her. Akershus.

I sold some bitcoin -> NOK at Mt.Gox 6-7 days ago made the transfer to my Norwegian bank in NOK just after. Do you know how long time it takes for Mt.Gox too send money to norwegian banks? Any history?

You were the one! Not many people trade NOK on MtGox. :-)

I don't have any information on how long NOK transfers take. Will be interesting to find out. Please report when you receive it!

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: kkaspar on November 28, 2013, 11:37:03 AM

For instance bitcoin.org guides you straight to MtGox while saying "Well-known bitcoin exchange. Sign up for an account, verify yourself and you can purchase a large number of bitcoins.". What it should say is "Bitcoin exchange that is well-known for various problems". The bitcoin community shouldn't just accept the low quality standards that MtGox has to offer. It is absurd that these faults are only discussed by a few people in this forum and the rest will just accept them as they are. People should be warned and the community leaders should be the ones who do it on pages that are widely visited.

Could you suggest a more secure, solid, trustworthy and legally operating exchange for a global customer base?

All exchanges are known for various problems. You don't have to announce the fact that water is wet.

naur

newbie

Activity: 35

Merit: 0

Quote from: trdiablo on November 28, 2013, 08:31:02 AM

Good news everyone, MtGox doubled their SEPA limit! This might mean that the withdrawal queue is reduced.

https://www.mtgox.com/press_release_20131120.html

The price of bitcoin is more double in several months. So the withdrawal queue is not sure to be reduced.

anthonyc0603

newbie

Activity: 4

Merit: 0

Quote from: anthonyc0603 on November 28, 2013, 02:22:35 PM

I have now been waiting 60 hrs for my BTC withdrawal to be re-submitted. I have put in 3 support requests and they are all still awaiting assignment. I have emailed Mark at his bitcoin foundation email address and also circulated details of this problem to the board of the bitcoin foundation. The transaction is;

6a7f8f2e72ed20ee00885fe4424a02db017e03739ca6982f99371f5d73eaa365

I tried pushing the raw tx to the network but it told me it was a double-spend.

I understand that MtGox is under all sorts of pressure but he has had a bumper year and should be able to get organised. There is no excuse for not communicating on an issue of this nature.

72 hrs now. Still no sign of my BTC from MtGox. Still no-one assigned to my support requests. Still no reply from Mark.

Syke

legendary

Activity: 3878

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Quote from: Rampion on November 28, 2013, 05:48:13 AM

Quote from: Syke on November 27, 2013, 03:36:21 PM

I just received my 5%-fee wire that was requested 4 weeks ago.

USD? Was it more than $10k?

Yes and yes.

mestar

sr. member

Activity: 407

Merit: 250

I think that the 50k EUR withdrawal limit is complete BS, made up by the Gox head himself. What bank would put such a limit on their clients, they, after all, make money on volume.

What kind of law would say "you should only be able to transfer 50k EUR per day from Japan to Europe".

It could be that the Gox money is already seized by the FBI, or MTGox think they can increase their volume (and thus the profits) by artificially keeping the funds trapped.

bernard75

legendary

Activity: 1316

Merit: 1003

Quote

2) Increased SEPA withdrawal limits

You’ve been asking for it, and now we’ve managed to negotiate with our bank in Poland to better facilitate SEPA withdrawals. In fact, they’ve doubled our limit. This is great news, and we’re trying to get more all the time to increase the speed of withdrawals.

ROFL

tvbcof

legendary

Activity: 4690

Merit: 1276

Quote from: Alpaca Bob on November 28, 2013, 01:20:14 PM

Quote from: kkaspar on November 28, 2013, 11:37:03 AM

Bitcoin community should inform newcomers about the dangers involved when dealing with MtGox.

+1

That is why I whine incessantly about the issues I'm having. It keeps the threads active and near the top of the various boards. Hopefully newbies will see them, and if the complaints are fairly legitimate (which I believe to be the case) then hopefully people can avoid being burnt.

It would be nice it there were a more reliable way for new users to obtain high quality information on what firms were trustworthy and functional. The Bitcoin Foundation doesn't seem to give a shit as long as somebody pays the dues (e.g., Tradefortress and his inputs.io scam.)

I gotta believe that Mt. Gox would be better off to just come clean about their issues and say straight up that they cannot support USD in user-sell mode. If that were the case, I would have just monitored the situation and would probably use them again when it became possible. That they are still trying to suck customers in just plain sucks. I hope that they are losing more customers in the long run than they are gaining by this strategy.

Taborresen

full member

Activity: 183

Merit: 100

Quote from: sturle on November 27, 2013, 08:39:29 PM

Quote from: ruggero on November 27, 2013, 07:50:02 PM

My withdrawal has been stuck for almost 33 hours now!!
http://skanner.net/MtGox/mtgox_tx.php?searchme=8c94a0166007d882b8d64504a823cffd7763d9a505cb0066ce9e73925693027c&Submit=Search

Is there absolutely anything one can do besides waiting?!
No answer from support yet either... Actually they haven't even assigned my ticket a support operator yet... Sad

There is nothing you can do. Input already spent means they have given up this attempt and are trying to cancel it by issuing a new transaction using one of the same inputs with a higher fee. MtGox will issue a new transaction for you when the cancelling transaction goes through. Sometimes the cancelling transaction is troublesome as well, and that's when the waiting starts getting long..

Hei Sturle. Nordmann her. Akershus.

I sold some bitcoin -> NOK at Mt.Gox 6-7 days ago made the transfer to my Norwegian bank in NOK just after. Do you know how long time it takes for Mt.Gox too send money to norwegian banks? Any history?

Landsmann.

Groo

newbie

Activity: 4

Merit: 0

I am still waiting on a withdrawal from 5 months ago with Gox. They have not answered any support requests lately either. Asked for an update days ago and no reply. Created a new support request a couple days ago and it hasn't even been assigned yet.

I don't think they can really be considered an exchange any more. It's more of a bitcoin shop where you can buy bitcoins at inflated prices. Or, you can throw your bitcoins away by turning them into special Mtgox virtual USD, AUD etc which only exists in the mtgox world.

Look at their facebook page and their canned answers to every question. I don't think any real people work there anymore. MtGhost company.

anthonyc0603

newbie

Activity: 4

Merit: 0

I have now been waiting 60 hrs for my BTC withdrawal to be re-submitted. I have put in 3 support requests and they are all still awaiting assignment. I have emailed Mark at his bitcoin foundation email address and also circulated details of this problem to the board of the bitcoin foundation. The transaction is;

6a7f8f2e72ed20ee00885fe4424a02db017e03739ca6982f99371f5d73eaa365

I tried pushing the raw tx to the network but it told me it was a double-spend.

I understand that MtGox is under all sorts of pressure but he has had a bumper year and should be able to get organised. There is no excuse for not communicating on an issue of this nature.

Alpaca Bob

full member

Activity: 153

Merit: 100

Quote from: kkaspar on November 28, 2013, 11:37:03 AM

Bitcoin community should inform newcomers about the dangers involved when dealing with MtGox.

+1

RaTTuS

hero member

Activity: 792

Merit: 1000

Bite me

@magicaltux was on irc about 1.5hrs ago ....

ruggero

newbie

Activity: 44

Merit: 0

You know, technical problems happen, things can go wrong, but that they say they have a 24/7/365 support and have not bothered to give a single answer in 50+ hours is ridiculous!

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

Bitcoin community should inform newcomers about the dangers involved when dealing with MtGox. MtGox only preys upon new people who don't have experience when dealing with them. MtGox is giving the bitcoin market system a bad name and it shouldn't be just ignored and left as it is.
For instance bitcoin.org guides you straight to MtGox while saying "Well-known bitcoin exchange. Sign up for an account, verify yourself and you can purchase a large number of bitcoins.". What it should say is "Bitcoin exchange that is well-known for various problems". The bitcoin community shouldn't just accept the low quality standards that MtGox has to offer. It is absurd that these faults are only discussed by a few people in this forum and the rest will just accept them as they are. People should be warned and the community leaders should be the ones who do it on pages that are widely visited.

ruggero

newbie

Activity: 44

Merit: 0

49 hours later and still no sign of my BTC withdrawal... Sad

(nor answer to any of the support tickets I opened...)

mike81

member

Activity: 62

Merit: 10

Quote from: mp420 on November 28, 2013, 08:50:22 AM

Quote from: trdiablo on November 28, 2013, 08:31:02 AM

Good news everyone, MtGox doubled their SEPA limit! This might mean that the withdrawal queue is reduced.

https://www.mtgox.com/press_release_20131120.html

Neat! Although the volumes are still scary even with the doubled limit. Might take a lot more jumping through hoops from MtGox to actually be able to clear their SEPA queue.

I think it helps that they only allow a transfer every 20 days. I'm wondering if the limit was the number of transactions or the amount or EUR.

Topic: MtGox withdrawal delays [Gathering] - page 221. (Read 908613 times)