MtGox withdrawal delays [Gathering] - page 240.

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: chura on October 29, 2013, 08:06:48 AM

SEPA (6.5k) from 2013/09/18 Status: pending
hooray!

16th yesterday and 18th today. Queue is getting shorter as predicted! Let's hope this continues for at least a week until withdrawals from the beginning of October start processing.

In other news: From reading through some #mtgox logs, it looks like MtGox's Japanese bank has a withdrawal limit as well. About 1 million USD/day. (Probably 100 mill JPY.) The limit applies to USD manual withdrawals as well. (Manual transfer requires one USD to JPY conversion, JPY withdrawal, and JPY back to USD, which is the reason for the high fee.) The JPY volume has been close to 4 million USD worth the last week alone, and withdrawal capacity 5 million USD / week. This means the JPY hose is running close to full capacity (practically all JPY volume has been selling BTC, buying JPY for withdrawal and arbitrage), and is the probable cause of JPY withdrawal delays and the reported delays for manual withdrawals. I am by no means certain of this, but it does explain a few things. It means MtGox's total withdrawal capacity is about 25 million USD/month.

chura

newbie

Activity: 4

Merit: 0

Quote from: chura on October 29, 2013, 08:06:48 AM

SEPA (6.5k) from 2013/09/18 Status: pending
hooray!

Also arrived today, really strange... it seems once a sepa withdraw changes its state to "pending", it is quickly processed by the polish bank and deposited successfully on the target account within hours!!!

Also I must mention that the 'arrived' amount is exactly 99.0001% of the 'withdrawn' amount, i.e. the mtgox's fee is exactly 1%, rounded down

trdiablo

hero member

Activity: 540

Merit: 500

Quote from: zyk on October 29, 2013, 07:43:45 AM

my funds got stolen right away today on Mt. Gox.....am I the only one? wthdrawn to 1BhTfWEkEB95DbdeDC6HpRVTCyLwCGtfn8..... an adress which only recieves funds

they tell me to go file with the police....and thats it Undecided

Did you have OTP or Yubikey enabled?

RaTTuS

hero member

Activity: 792

Merit: 1000

Bite me

Quote from: zyk on October 29, 2013, 07:43:45 AM

my funds got stolen right away today on Mt. Gox.....am I the only one? wthdrawn to 1BhTfWEkEB95DbdeDC6HpRVTCyLwCGtfn8..... an adress which only recieves funds

they tell me to go file with the police....and thats it Undecided

1) don't share usernames and passwords with any other site
2) don't share usernames and passwords with people
3) make sure your PC is not compromised
4) use lastpass or keepass
5) don't store lots of BTC / cash on online services

ustone

newbie

Activity: 17

Merit: 0

Quote from: ustone on October 28, 2013, 01:49:33 PM

10k EUR SEPA withdrawal from 16.9.2013 changed state to pending today...

arrived..

chura

newbie

Activity: 4

Merit: 0

SEPA (6.5k) from 2013/09/18 Status: pending
hooray!

lclc

sr. member

Activity: 298

Merit: 275

Bitcoin Association Switzerland

You should have bought a Yubikey. Or do you e-banking with your regular bank without 2FA?

zyk

full member

Activity: 224

Merit: 101

my funds got stolen right away today on Mt. Gox.....am I the only one? wthdrawn to 1BhTfWEkEB95DbdeDC6HpRVTCyLwCGtfn8..... an adress which only recieves funds

they tell me to go file with the police....and thats it Undecided

mp420

hero member

Activity: 501

Merit: 500

My 700EUR withdrawal from Sept 18 changed to pending just now, too.

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: ustone on October 28, 2013, 01:49:33 PM

10k EUR SEPA withdrawal from 16.9.2013 changed state to pending today...

Yay! A new data point, and it means the queue is moving faster again. I was worried it would grow to more than six weeks since it took so long getting past the 13th. Let's hope the queue shortens a bit the following week, because I fear there will be another speed bump when the payments reaches the end of the first week of October.

ustone

newbie

Activity: 17

Merit: 0

10k EUR SEPA withdrawal from 16.9.2013 changed state to pending today...

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: lclc on October 28, 2013, 11:49:33 AM

Quote from: joesmoe2012 on October 28, 2013, 11:36:37 AM

What is "Premium" status?

Quote

and your account has been upgraded to a Premium account (This is the new name of the "Trusted" status).

The new word for trusted status (where you have to send them a notarized copy of your ID and utility bill with an apostille). This makes it possible to withdrawal up to 100k per day. See https://support.mtgox.com/entries/21651045-AML-Account-Statuses

AHH Okay thanks. I thought it was just Verfieid then Trusted. Back when I sent in docs, there was no premium status.

My withdraw limit is 100k a day though.

lclc

sr. member

Activity: 298

Merit: 275

Bitcoin Association Switzerland

Quote from: joesmoe2012 on October 28, 2013, 11:36:37 AM

What is "Premium" status?

Quote

and your account has been upgraded to a Premium account (This is the new name of the "Trusted" status).

The new word for trusted status (where you have to send them a notarized copy of your ID and utility bill with an apostille). This makes it possible to withdrawal up to 100k per day. See https://support.mtgox.com/entries/21651045-AML-Account-Statuses

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

For whatever it's worth, I can vouch for sturle. He is speaking the truth. Ignore Frizz23, that is my advice.

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: lclc on October 28, 2013, 11:35:15 AM

If you still sale on MtGox even if you know withdrawal takes up to 2 months it's your fault.
Take the lower price on other exchanges if this is a problem for you. You all know that since months.

Beside withdrawal the support is very friendly and fast (I got Trusted (now Premium) status and the Yubi-Key within a few days.)
I'm not affiliated with gox, just my opinion and experience with them.

What is "Premium" status?

lclc

sr. member

Activity: 298

Merit: 275

Bitcoin Association Switzerland

If you still sale on MtGox even if you know withdrawal takes up to 2 months it's your fault.
Take the lower price on other exchanges if this is a problem for you. You all know that since months.

Beside withdrawal the support is very friendly and fast (I got Trusted (now Premium) status and the Yubi-Key within a few days.)
I'm not affiliated with gox, just my opinion and experience with them.

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: bernard75 on October 28, 2013, 11:29:45 AM

Quote from: joesmoe2012 on October 28, 2013, 11:23:11 AM

Received a SEPA transfer from 9/13 today from the great Goxster.

below 1000€?

Yes.

bernard75

legendary

Activity: 1316

Merit: 1003

Quote from: joesmoe2012 on October 28, 2013, 11:23:11 AM

Received a SEPA transfer from 9/13 today from the great Goxster.

below 1000€?

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Received a SEPA transfer from 9/13 today from the great Goxster.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: Frizz23 on October 28, 2013, 09:36:02 AM

Quote from: megustabtc on October 28, 2013, 08:55:59 AM

Just remember there are many smart and friendly people interested in helping the Bitcoin ecosystem here, who value your contributions

"smart and friendly"? Like yourself?
megustabtc
Date Registered: September 24, 2013, 12:31:55 PM
Activity: 6

All 6 posts about MtGox - and how great they are.

Fuck off, MtGox sock puppets ...

Thank you for pointing this out.
Now I ignored both of them.

Topic: MtGox withdrawal delays [Gathering] - page 240. (Read 908613 times)