Author

Topic: MtGox withdrawal delays [Gathering] - page 223. (Read 908613 times)

newbie
Activity: 44
Merit: 0
November 27, 2013, 08:34:53 AM
I have withdrawn from MtGox 1.2BTC 22,5 hours ago and the transaction still hasn't been broadcasted to the blockchain... Has anybody else been having the same problem?
full member
Activity: 120
Merit: 100
November 27, 2013, 05:05:14 AM
Why are people still using Gox and why are you waiting months to withdraw? Just cancel your wire, buy BTC then withdraw that, there is a higher likelihood you'll see that than your money anytime soon. Also Gox rate dropped below Bitstamp momentarily today so you could of bought on gox then sold on Bitstamp and not taken a bashing on the 10% difference between exchanges.....

Also do we have proof of a Japanese bank transfer taking place quickly? Rather than just some guy saying that it probably is happening because he heard it from somewhere.
full member
Activity: 154
Merit: 100
November 27, 2013, 04:21:47 AM
USE bitstamp and that is all Cheesy
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
November 27, 2013, 04:20:32 AM
How are the SEPA delays looking?


2013-10-17 is last one reported yesterday. So that is 1 month and 9 days.

thanks Smiley

good luck to ya
hero member
Activity: 501
Merit: 500
November 27, 2013, 03:57:16 AM
Occam's would say that they are running out of cash, which doesn't mean they are scammers - but is a call for problems.


How come? Where does all of the shitload of fiat go that people send them daily? They might owe more than they have, but I can't think of a realistic scenario where this would be the reason why they have trouble sending wires.
sr. member
Activity: 1022
Merit: 368
November 27, 2013, 02:58:09 AM
I made a withdrawal to BTC-e (address 16JL7nVLna21T1BhhK3BnYeEeUP6V1jCic )and received a confirmation email over 3 hours ago, but according to blockchain this address has not been used on the network.  

Anyone else having issues? (and yes I have messaged chat support, just waiting for a reply)

I made a withdrawal from Gox 5 or 6 hours ago, also to a BTC-E address, but it didn't yet show up on the blockchain and it isn't received at the deposit address yet. Sent the Gox team an email.

The withdrawal finally came through. For other people waiting for btc withdrawals: just go to sleep, your coins will probably arrive the next day.
newbie
Activity: 36
Merit: 0
November 27, 2013, 12:42:12 AM
I'm in the same boat... 2 withdrawals today. 3 hours apart. The first one went through and the second one hasn't hit the chain yet. It's been 9 hours.
full member
Activity: 196
Merit: 101
November 27, 2013, 12:29:40 AM
Over 24 hours now for my Bitcoin withdraw from Mtgox, still no Bitcoins.

6 hours here, and it's not on the block-chain yet.

Same with mine. I made some more withdrawals today that went through, but the original one is lost in space.
hero member
Activity: 490
Merit: 500
November 27, 2013, 12:27:47 AM
Over 24 hours now for my Bitcoin withdraw from Mtgox, still no Bitcoins.

6 hours here, and it's not on the block-chain yet.
full member
Activity: 144
Merit: 100
November 27, 2013, 12:05:46 AM
..
full member
Activity: 176
Merit: 100
November 26, 2013, 11:50:14 PM
How are the SEPA delays looking?


2013-10-17 is last one reported yesterday. So that is 1 month and 9 days.
hero member
Activity: 1120
Merit: 554
November 26, 2013, 11:47:51 PM
Does someone in Japan, with a Japanese bank account, have some advantage in withdrawing from Mt. Sucks? Forgive me for not reading the entire thread ... it is looooong, and full of horror stories around wire transfers/SEPA/BTC withdrawals.

It sounds like wait times have not improved?

How are withdrawals working for those withdrawing to a Japanese bank account?

Thanks all!
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
November 26, 2013, 11:21:27 PM
How are the SEPA delays looking?
full member
Activity: 196
Merit: 101
November 26, 2013, 10:38:28 PM
Over 24 hours now for my Bitcoin withdraw from Mtgox, still no Bitcoins.
member
Activity: 107
Merit: 10
November 26, 2013, 09:50:55 PM
Fuming now, I'd wanted to get in on Litecoin today and its gone up 50% with no sign of my withdrawal being actioned.
legendary
Activity: 1148
Merit: 1018
November 26, 2013, 08:38:15 PM
Amazed by how people still tries to cash out using MtGox.

I didn't see any report of somebody successfully cashing out a significant amount of USD in months.

You might think that those who succeeded keep a low profile, but given the amount of fuss I'd expect somebody reporting successful withdrawals, as I did myself in July.

IMO this rally may give them additional fuel, but they are on the brink of something very bad. Too many months of obvious illiquidity.

Mt. Gox is on my shit-list for being deceitful, but I don't see that the failure to produce international wires in USD is necessarily 'obvious illiquidity.'  Could be, but an equally or more viable hypothesis to me is that they just don't have access to the U.S. banking system.

It is abundantly clear that you are completely right that nobody who actually needs USD should try to use Mt. Gox.  To bad Mt. Gox cannot be straight-up in providing their customers with such information though.  That they are not is the actually kind of lends strength to the hypothesis that they are having some sort of issues whereby they need to raise capital.  Deceiving customers like me is a sure-fire way to guarantee that they won't be seeing my business again.



There are huge delays for SEPA (EUR) transfer too, I experienced that myself as I had to wait +4 weeks until I decided to cancel and cash out BTC.

Bitstamp has no problems and funds move in a matter of 1/2 days despite of having seen exponential growth too. In fact their actual volume is very similar of the one Gox had just before they started to have problems.

Everything points to a liquidity problem for Gox. Is 2+2.
full member
Activity: 153
Merit: 100
November 26, 2013, 08:28:17 PM


are they scammers? ABSOLUTELY NO!

as far as i know, there hasn't been a single loss of customers BTCs or fiat.

Well they haven't exactly paid a lot of it out either, so what's the difference then?
legendary
Activity: 4690
Merit: 1276
November 26, 2013, 08:22:00 PM
Amazed by how people still tries to cash out using MtGox.

I didn't see any report of somebody successfully cashing out a significant amount of USD in months.

You might think that those who succeeded keep a low profile, but given the amount of fuss I'd expect somebody reporting successful withdrawals, as I did myself in July.

IMO this rally may give them additional fuel, but they are on the brink of something very bad. Too many months of obvious illiquidity.

Mt. Gox is on my shit-list for being deceitful, but I don't see that the failure to produce international wires in USD is necessarily 'obvious illiquidity.'  Could be, but an equally or more viable hypothesis to me is that they just don't have access to the U.S. banking system.

It is abundantly clear that you are completely right that nobody who actually needs USD should try to use Mt. Gox.  To bad Mt. Gox cannot be straight-up in providing their customers with such information though.  That they are not is the actually kind of lends strength to the hypothesis that they are having some sort of issues whereby they need to raise capital.  Deceiving customers like me is a sure-fire way to guarantee that they won't be seeing my business again.

legendary
Activity: 1148
Merit: 1018
November 26, 2013, 08:10:56 PM
Amazed by how people still tries to cash out using MtGox.

I didn't see any report of somebody successfully cashing out a significant amount of USD in months.

You might think that those who succeeded keep a low profile, but given the amount of fuss I'd expect somebody reporting successful withdrawals, as I did myself in July.

IMO this rally may give them additional fuel, but they are on the brink of something very bad. Too many months of obvious illiquidity.
newbie
Activity: 39
Merit: 0
November 26, 2013, 08:02:22 PM
Still nothing from my June and July withdrawal. I think I'm about to suck it up, take my cash, and buy in at $800 at essentially 1/8 my original Bitcoins sold. Lesson learned, never use Gox again.
As much as i would encourage anybody to buy BTC instead of selling them, you *could* try to cancel the withdrawals and try them again using the international wire fee. I don't trade USD but from reactions here it seems people have had some success that way.


That's what I meant as in "take my cash," canceling my withdrawal, but I'd still be forced to transfer to the US via my bank. This lesson cost as much as a Lexus, heh.
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