MtGox withdrawal delays [Gathering] - page 232.

OhShei8e

legendary

Activity: 1792

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Quote from: viajero on November 08, 2013, 02:57:45 PM

only 3 minutes later (19:45) i had the coins on my bitstamp account (in germany it's 1h later than GMT). i hope i can get the rest of my coins as easy as that! but so far no reason to worry...

The 700 arrived to:
https://blockchain.info/es/address/1PPWBeauKVg3PahkbA3VXXS6zrfvfsMNJC

Quote from: viajero on November 08, 2013, 02:57:45 PM

what does the support say about ur problem?

Only a dozen people. They simply escalate it to there tech team. Gox is only a small company. And maybe not the most professional on the planet. But I do not know. I've never had trouble with Gox, although I frequently use there service. I love the Mt. Gox REST-API2. It's very powerful and secure. The service is almost always available.

Do not be infected by the panic here. Many people in the English forum love to stir up panic. On the other hand, if you miss 700 BTC, panic is allowed. But only for thyself.

viajero

member

Activity: 110

Merit: 10

Quote from: Hic et nunc on November 07, 2013, 04:41:32 AM

Since 11/03/2013 18:20:20 GMT I sent 700 BTC to this address: ( https://blockchain.info/es/address/1PPWBeauKVg3PahkbA3VXXS6zrfvfsMNJC ) I'm still waiting. The balance in my account looks like he made the shipment but IT IS NOT TRUE. Where is my money?

This was my operation and so appears on my Account history:

There are only 2 possible options: 1) my btc appear in my account so that I can dispose of them, or 2) btc appear in the destination address ( 1PPWBeauKVg3PahkbA3VXXS6zrfvfsMNJC ).

Since 11/03/2013 18:20:20 GMT I'm still waiting for a solution.

Have they lost my money forever? Where is my money?

Someone can help me?, Any ideas please?

holy crap! i kind of panicked after reading this and some of the other posts! :O so i rushed home and made a test withdrawal. it went through pretty smooth:

only 3 minutes later (19:45) i had the coins on my bitstamp account (in germany it's 1h later than GMT). i hope i can get the rest of my coins as easy as that! but so far no reason to worry...

what does the support say about ur problem?

edit: well, it seems you got your coins a couple of hours ago. i was able to withdraw another 10 BTC within minutes. so it seems there are no problems with bitcoin withdrawals right now and the 0,001BTC "Fee For Faster Processing" is worth paying for...

sturle

legendary

Activity: 1437

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https://bitmynt.no

Quote from: frito on November 08, 2013, 01:27:33 PM

I do not understand why mtgox doesnt hire some firm to negotiate some new banking partners for them. Bitstamp has no issues(or do they?,

Many people have issues getting bitcoins in to Bitstamp. Some banks block transfers to Bitstamp. Bitstamp chose to operate illegally without a license. It works for them now, but nobody knows for how long. MtGox are more careful, and decided to apply for a license instead. MtGox will not get a licence if they operate in violation of the law when applying, so they have to keep to their limits for a little longer until the licensing process is completed.

X68N

hero member

Activity: 672

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Quote from: wuala on November 08, 2013, 12:38:08 PM

Quote from: X68N on November 08, 2013, 11:53:15 AM

Hello,

i recieved my coins after 30h.
Until today (1,5 days later) they never informed me about it or replied on my support ticket.
I will use them never again. So they "Goxed" me only once, i learned from it.

A business partner which lies to you and didnt communicate when a problem occurs is more then useless.
Smells like fraud. Not trustworthy anymore.
This should be a lesson to everyone.
-> Gox is a sinking ship. <-
They will take the cash + the coins with them.

I have a withdraw still "invisible" neither in blockchain nor in my wallet...

No support response...

Sad

try to penetrate them, i send every 9 hours a new request on the support ticket that its not ok/ i want my coins and so on (dont copy and paste).
Also you could try by chat, or even telefone if they have one.
After 2 days i would open a new ticket.
I also wrote that the community reports all this stuff in the Forum. So they know they will loose customers. But i think they didnt care, becuase they will switch from fee's-business-model to stealing.

greetings

naur

newbie

Activity: 35

Merit: 0

Quote from: chungenhung on November 08, 2013, 01:37:25 PM

Quote from: mp420 on November 08, 2013, 07:39:15 AM

Quote from: naur on November 08, 2013, 05:49:52 AM

which date is the lastest withdrawal of USD from Mtgox?

Huh

Latest without the emergency fee would probably be from June or July. For all practical purposes that queue is not progressing. Latest with the 5% fee is probably a few weeks old.

Regular USD withdraw I am still waiting from June and still nothing
5% fee withdraw I am waiting for 3 weeks, and still nothing

So, it can take forever.

How many USD did you want to withdraw? is it less than 1k USD?

tvbcof

legendary

Activity: 4690

Merit: 1276

Quote from: X68N on November 08, 2013, 11:53:15 AM

...
A business partner which lies to you and didnt communicate when a problem occurs is more then useless.
Smells like fraud. Not trustworthy anymore.

Yes, this is hard to tolerate. It is difficult to plan operations effectively when a counter-party is not reliable and at least honest. When they are blatantly deceitful it is also somewhat infuriating.

Quote from: X68N on November 08, 2013, 11:53:15 AM

This should be a lesson to everyone.
-> Gox is a sinking ship. <-
They will take the cash + the coins with them.

They won't be running with the $5M that the US justice system holds, or the $5M that Peter Vesennes stole[?].

It might be possible to achieve a actionable claim from one of those pools, but I suspect in the best case it would be a long and expensive route.

naur

newbie

Activity: 35

Merit: 0

Quote from: frito on November 08, 2013, 01:27:33 PM

about 3 months ago I withdrew EUR, it arrived in 3 days.
A month ago I withdrew BTC it took 20 mins.
I guess I got lucky.

I do not understand why mtgox doesnt hire some firm to negotiate some new banking partners for them. Bitstamp has no issues(or do they?, got no experience).

How about Switzerland or HK....

How many EUR did you withdraw last time that arrived in 3 days?

chungenhung

legendary

Activity: 1134

Merit: 1005

Quote from: mp420 on November 08, 2013, 07:39:15 AM

Quote from: naur on November 08, 2013, 05:49:52 AM

which date is the lastest withdrawal of USD from Mtgox?

Huh

Latest without the emergency fee would probably be from June or July. For all practical purposes that queue is not progressing. Latest with the 5% fee is probably a few weeks old.

Regular USD withdraw I am still waiting from June and still nothing
5% fee withdraw I am waiting for 3 weeks, and still nothing

So, it can take forever.

frito

full member

Activity: 129

Merit: 100

about 3 months ago I withdrew EUR, it arrived in 3 days.
A month ago I withdrew BTC it took 20 mins.
I guess I got lucky.

I do not understand why mtgox doesnt hire some firm to negotiate some new banking partners for them. Bitstamp has no issues(or do they?, got no experience).

How about Switzerland or HK....

wuala

full member

Activity: 163

Merit: 100

Luk, soy tu padreeee

Quote from: X68N on November 08, 2013, 11:53:15 AM

Hello,

i recieved my coins after 30h.
Until today (1,5 days later) they never informed me about it or replied on my support ticket.
I will use them never again. So they "Goxed" me only once, i learned from it.

A business partner which lies to you and didnt communicate when a problem occurs is more then useless.
Smells like fraud. Not trustworthy anymore.
This should be a lesson to everyone.
-> Gox is a sinking ship. <-
They will take the cash + the coins with them.

I have a withdraw still "invisible" neither in blockchain nor in my wallet...

No support response...

Sad

X68N

hero member

Activity: 672

Merit: 500

Hello,

i recieved my coins after 30h.
Until today (1,5 days later) they never informed me about it or replied on my support ticket.
I will use them never again. So they "Goxed" me only once, i learned from it.

A business partner which lies to you and didnt communicate when a problem occurs is more then useless.
Smells like fraud. Not trustworthy anymore.
This should be a lesson to everyone.
-> Gox is a sinking ship. <-
They will take the cash + the coins with them.

mp420

hero member

Activity: 501

Merit: 500

Quote from: antirack on November 08, 2013, 09:03:45 AM

What makes you think that their EUR volume is equal to their SEPA withdrawals?

Nothing, but it's the only measure I have that could have any relevance. Also, I think people tend day trade USD and use other currencies only for deposits and withdrawals (straight selling and buy-and-holding), because of the shared orderbook.

I admit 23M is a close to worst-case scenario. But I don't think that's too far off. Were into several months easily if the trade volume has any correlation with the withdrawal volume.

antirack

hero member

Activity: 489

Merit: 500

Immersionist

What makes you think that their EUR volume is equal to their SEPA withdrawals?

mp420

hero member

Activity: 501

Merit: 500

Looks bad for the SEPA withdrawals made now or in the future:

MtGox monthly SEPA quota: 3M€
MtGox current SEPA queue (according to Gox): 6 weeks
MtGox EUR volume in the last 6 weeks: about 23 M€

So, it may be that SEPA withdrawals made today might take 8 months before they're processed.

If Gox can get licenced in the EU and raise their quota, this may be solved almost instantly (there may be quotas that affect even licenced financial entities, but they're obviously MUCH higher).

mp420

hero member

Activity: 501

Merit: 500

Quote from: naur on November 08, 2013, 05:49:52 AM

which date is the lastest withdrawal of USD from Mtgox?

Huh

Latest without the emergency fee would probably be from June or July. For all practical purposes that queue is not progressing. Latest with the 5% fee is probably a few weeks old.

naur

newbie

Activity: 35

Merit: 0

which date is the lastest withdrawal of USD from Mtgox?

Huh

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: qxzn on November 07, 2013, 08:14:45 PM

Quote from: sturle on November 07, 2013, 06:23:35 PM

Some pools, noteably GHash.IO and Eligius, use their own proprietary fee settings, and normal transactions don't always make their standards. Stay away from those pools if you mine. Those pools delay transactions for their own profit (smaller blocks propagate faster, and are less likely to get orphaned), and stand in the way of further growth.

Can you post some links to further information about the behaviors of these pools?

Here is one from Eligius: http://eligius.st/~gateway/faq-page/faq-5

I don't have any policy info from GHash.IO. I suspect they use the same pool software with the same default settings. You can see it from their behaviour when they find consecutive blocks on http://blockchain.info. Both leave high priority low fee transactions in the queue. Most other pools will reserve some space for high priority no fee transactions in each block. While bitcoin-qt have a configured fee per kB, Eligius have their limit set at 512 bytes. Transactions between 512 and 1000 bytes in size may get stuck for a long time, because bitcoin-qt will send them at 0 fee if the priority is high enough, and Eligius/Eloipool demands a fee at 512 bytes or more.

Priority is calculated from age of inputs, size of outputs and total transaction size. I don't remember the exact details. There is a larger priority penalty for the input set than the output set, to encourage sending multiple outputs in one transaction.

qxzn

hero member

Activity: 609

Merit: 505

Quote from: sturle on November 07, 2013, 06:23:35 PM

Some pools, noteably GHash.IO and Eligius, use their own proprietary fee settings, and normal transactions don't always make their standards. Stay away from those pools if you mine. Those pools delay transactions for their own profit (smaller blocks propagate faster, and are less likely to get orphaned), and stand in the way of further growth.

Can you post some links to further information about the behaviors of these pools?

Thanks.

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: X68N on November 06, 2013, 07:24:57 PM

Quote from: tvbcof on November 06, 2013, 03:34:07 PM

Just FYI for those who have not seen it, Wired recently released a fun story about Mt. Gox and their various issues:

http://www.wired.com/wiredenterprise/2013/11/mtgox/

thank you, looks like the typical hacker shit. no clue about business! they never learn it. Hackers are in 99% horrible businessmen. i would say gtfo

Yeah. Like Elon Musk. Bill Gates. Mark Shuttleworth. They should have attended business schools instead!

sturle

legendary

Activity: 1437

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https://bitmynt.no

Quote from: OhShei8e on November 06, 2013, 05:45:19 PM

Quote from: sturle on November 06, 2013, 05:02:04 PM

And MtGox is probably the exchange where I have had the least problems with BTC withdrawals. I have had BTC withdrawal problems at every exchange I ever tried. Bitstamp, Bitcurex, Intersango, MtGox, Bitcoin-Central. You name it. If I have used it, I have had problems with severely delayed withdrawals from the exchange. The usual excuse is empty hot wallet. Last time I had problems withdrawing BTC from MtGox was more than a year ago.

I have withdrawn EUR from MtGox as well, btw. It works. Takes some time due to EU regulation (MtGox is not yet licensed as a payment service in the EU), but the transfer arrives eventually. Six weeks delay currently.

Do you make EUR withdrawals > 1000€? Do you have an trusted Gox account or only verified?

My withdrawals have been 7k to 8k EUR. Only verified account.

The bitcoin network is quite congested now, actually. I made a bitcoin transfer from bitcoind (bitcoin-qt equivalent) using default fee settings, and it took 7 hours to make it to the blockchain. When it finally confirmed, it was probably due to one of the outputs being spent with a generous fee which paid for the parent transaction as well. Some pools, noteably GHash.IO and Eligius, use their own proprietary fee settings, and normal transactions don't always make their standards. Stay away from those pools if you mine. Those pools delay transactions for their own profit (smaller blocks propagate faster, and are less likely to get orphaned), and stand in the way of further growth.

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