Topic: MtGox withdrawal delays [Gathering] - page 230. (Read 908613 times)

A new error appears.

Warning! this transaction is a double spend of 96695872. You should be extremely careful when trusting any transactions to/from this sender.


https://blockchain.info/tx/55cf6305e1f7e4b4f14a5d40b4f09e580e6db6d0865667d8f1a83915ace31990

Meanwhile I'm still without my coins ..

..

I had the same problem with a withdrawal on 2 days ago. The transaction has never been picked up and at some point was dropped by the network. Blockchain didn't list it anymore yesterday and this morning the biggest input was spend on another transaction. Talking to MtGox support now, but they are slowwww. Would advise you to do the same. It might take a couple of days though.

It would not have been smart to use Mt. Gox attempt to convert BTC --> USD in mid Aug without anticipating exactly this scenario.  It was already clear by that time that Mt. Gox was having significant problems.  I put exactly the amount of money at risk here that I wished, and because I did also wish to have some fiat, I moved some BTC off Mt. Gox and sold it in another way.

It is true that I choose to make another BTC sale which is underway now due in part to the fact that Mt. Gox is sitting on the $5k, but this is not Mt. Gox's fault exactly.

No.  The outputs (your coins) are perfectly standard.  If the transaction hasn't been confirmed for 24 hours, MtGox will automatically invalidate it by double-spending one of the inputs, and try to send again using new inputs when the double spending transaction has been confirmed.  So far I haven't heard of any coins lost after a withdrawal from MtGox, but there have been a some long delays.

Thank you very much for answering!

Is there any possibility of losing the bitcoins?

I'm a little worried.

you punishing yourself bcs of mtgox USD withdrawal problems?! that is smart! it's like a digital hunger strike they are problably already freaking out over there. but i can understand, why you wouldn't put it back into bitcoins... it would have trippled or even quadrupled. that is really scary!

One of the inputs have a non-standard signature.  The transaction is valid and the outputs are OK, but you will probably have to wait a little longer for a confirmation.  Most miners will regard this as a non-standard transaction and ignore it.

Yesterday evening I moved 12 bitcoins from my wallet in mtgox to my personal wallet.. But they have not arrived.

Does anyone know what happened?

https://blockchain.info/en/tx/55cf6305e1f7e4b4f14a5d40b4f09e580e6db6d0865667d8f1a83915ace31990

Anyone recieved euro SEPA transfers from October yet?

I had a similar story as joesmoe. But within the EU part of gox.

I requested a withdrawal for middlish 4digit sum, about 8 weeks ago.

Mt.gox said many times when i made a ticket, that the funds would come "soon" and said:

5 weeks ago: "in about 2 weeks"
4 weeks ago: "due to a huge backlog more than 2 weeks"
2 weeks ago: "in the next 4 weeks"

fuck them.

1 week ago i requested to cancel my withdrawal. (there is no 5% emergency fee afaik)

Then i waited for the market to reach parity or close to parity with bitstamp.  When that happend i just bought bitcoins and wanted to sell em asap.

BUT..... Gox fucked me again. (knew i wouldn't be so easy of the hook). I requested a BTC withdrawal and suddenly the TXID was not found anywhere. And support just didn't help me at all. They said it can take up to 24h because of my pc. (LOL) yeah so blockchain.info fucked up, right, not them. Then 32 hours later the funds came and i sold with a small prifit because of rising prices.

Then today this beauty came:  (7 fking days after the incident)

Eiden, Nov 12 09:33 (JST): 

Hello,

Thank you for the email. Sorry for the delay in responding. On checking this further we find that your BTC withdrawal has been processed from our end. Please check this link:

LINK

We apologize for the inconvenience this may have caused.

Best regards,



GG no RE motherfkrs

glad to hear you were able to get out finally

Regular USD wires are stuck back in June. 5% fee manual withdrawl wires are backlogged a few weeks (and I suspect growing rapidly).

What's the latest processed USD wire? Do they even wire out anything at all?

https://support.mtgox.com/entries/23268130-Important-Update-for-Accounts-in-Japan

I'm not letting them of the hook so easily.  Mt. Gox is going to be stuck with the $5k liability to me until they pack up shop and run, send me the wire, or until they pay me BTC valued at mid-Aug rates.

I finally ate the loss.

July 2nd: Requested SWIFT for large 4 figure sum.
Waited 110 days. No transfer.

Oct 21st: Accepted their proposal for 5% charge for 'urgent' withdrawal
Waited 16 days. They still couldn't do it.

Nov 7th: Requested return of funds to trading account
Done in 24hrs or so

Nov 11th:Purchase bitcoin and withdrew.
Done in less than 1 hr.


Pretty disappointed with MtGox. Not because they had problems, I know they are fighting in a lot of corners. I'm not even particularly annoyed that they lie continually - that might be a necessity to prevent a run. I'm annoyed that they accepted trading fees, and gained interest on my money for 4 months, and think it's okay to pocket that despite having provided no service, while I bore all the risk.

Tested 7.5 BTC into Gox and withdrew a day later with paid fees for testing purposes.
The transaction appeared in the blockchain in less than 10 minutes.

One could have said the same thing about Bernie Madoff's fund right up to the bankruptcy.

Here is a nice page documenting MtGox BTC withdrawal delays and the probable reasons.  The most common reason is no fee (chosen by the user).  There are some very large transactions where the fee is too low, and some where I don't understand the reason for the delay.  Everyone who have been waiting more than two hours should be able to find their withdrawal there.