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Topic: MtGox withdrawal delays [Gathering] - page 245. (Read 908613 times)

sr. member
Activity: 277
Merit: 254
October 22, 2013, 08:30:15 AM
they just informed me about this update that there is only 1 SEPA withdrawal in 20 days per client, why this information is missing in the client area  Embarrassed
legendary
Activity: 1437
Merit: 1002
https://bitmynt.no
October 22, 2013, 08:04:31 AM
Rumor has it that SEPA is up to about Sept 10th (I have a transfer pending on the 13th and havenn't seen it come through yet, nor change from confirmed to processed).
Latest reported received SEPA withdrawal is from September 12th.
newbie
Activity: 4
Merit: 0
October 22, 2013, 07:27:46 AM
Hi all,

I experienced BTC withdrawal problems at the end of the last week, too. I withdrew 2 BTC on 2013-10-18 01:44 according to mtgox statement but the transaction was broadcasted on 2013-10-19 10:40 by mtgox, according to blockchain.info = delay of ~33 hours
...so: No, it was not caused by no-fee miner's decision, block mining statistics etc, but just by some BTC-insolvency of mtgox. Maybe it was temporary and hopefully it's already gone.

Also, I've requested to withdraw 6.5k EUR via SEPA on 18th Sep - status is still "confirmed".
newbie
Activity: 25
Merit: 0
October 22, 2013, 05:49:53 AM
I received a 5% withdrawal today, and have another pending. Everything is operating smoothly for me.

What currency?
legendary
Activity: 4690
Merit: 1276
October 22, 2013, 03:56:49 AM
....heir customers bald faced 'several weeks' lies when customers ...
it's barefaced ;-p it's no Movember yet

'Movember' came early this year.  Now $200/BTC on Gox, but more than that on BTCChina.  I find that critical because it seems very likely to me that China is going to dominate the Bitcoin economy going forward if their government maintains a passive posture.  I suspect that the shift could be abrupt and pronounced.

hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
October 22, 2013, 03:49:11 AM
Rumor has it that SEPA is up to about Sept 10th (I have a transfer pending on the 13th and havenn't seen it come through yet, nor change from confirmed to processed).

hero member
Activity: 792
Merit: 1000
Bite me
October 22, 2013, 03:46:54 AM
....heir customers bald faced 'several weeks' lies when customers ...
it's barefaced ;-p it's no Movember yet
sr. member
Activity: 277
Merit: 254
October 22, 2013, 03:45:55 AM
currently 3 months delay for USD payment, 1 month delay for EUR and no estimations given on when the funds will be released ...
legendary
Activity: 4690
Merit: 1276
October 22, 2013, 02:58:02 AM

Sorry guys does anyone realize there is still a lawsuit pending against mtgox?  US customers are going to be hosed until this lawsuit is settled!
On or about March 20, 2013 MtGox
... snipped ...


So frankly, if you are in the US, don't waste your time!

I didn't spot anything saying that Mt. Gox is ordered to tell their customers bald faced 'several weeks' lies when customers ask for estimates.

I became quite favorable to Mt. Gox because they stood their ground on the Coinlabs deal and did not sell their customer's records to Coinlabs without authorization when it became questionable as to whether Coinlabs were crooks.  Of course if Coinlabs had held up their end of the deal, Mt. Gox would probably have done just this.  Whatever the case they have not sold customer data to the best of my knowledge...though they have been victimized by hackers/insiders and it is not fully known how much data was released or whether it was a singular event.  But anyway...

Mt. Gox managed to quash the good will I felt toward them by lying to my face when I asked about the disposition of the money they owe me.  And I specifically asked if they were not sending it due to the risk of confiscation.

 - edit - critical word insertion (not sold)
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
October 22, 2013, 02:43:53 AM
I received a 5% withdrawal today, and have another pending. Everything is operating smoothly for me.

When did you request it? I've been waiting on a 5% manual withdraw over a week now.
full member
Activity: 176
Merit: 100
October 22, 2013, 02:28:29 AM
so is September 13 th already processed ?

its not even pending in my book....so the buck stopped right here!!?? Huh



Let us know when it's pending, last report in this thread was september 12, he got money four days ago. Hope they haven't used that much time, that would mean my wait will go over 5 weeks Sad
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
October 22, 2013, 02:08:41 AM
I received a 5% withdrawal today, and have another pending. Everything is operating smoothly for me.
full member
Activity: 175
Merit: 100
October 21, 2013, 09:48:15 PM
This was a follow-up response, after I complained and made it clear I would post my experience.

"Thank you for the email. We have forwarded this to our development team. You will updated once the transaction has been completed."

I think Gox's goose is cooked just in time for the holiday season.
Sorry guys does anyone realize there is still a lawsuit pending against mtgox?  US customers are going to be hosed until this lawsuit is settled!
On or about March 20, 2013 MtGox sent an email to CoinLab which set forth a list of the states which had MtGox customers and the approximate percentage of U.S. customers located in each such state. Between approximately March 19, 2013 and April 20, 2013 MtGox personnel and CoinLab personnel had several oral and email communications in which MtGox sought todetermine if CoinLab was properly registered with FinCEN as a money transmitter and properly licensed as a money transmitter in those states in which MtGox customers were located. In such communications CoinLab personnel admitted that CoinLab was not registered with FinCEN as a MTB and that CoinLab had not been licensed as a MTB by any state. By the expiration of the Transition Period on March 22, 2013 CoinLab was not FinCEN registered as a money transmitter and was not licensed by any state to be a money transmitter. During these communications MtGox personnel made requests for a detailed and precise plan of how CoinLab would become compliant; in response CoinLab personnel repeatedly made vague statements, without a schedule, a deadline or a plan to finance the application process.
wow:
Notwithstanding that it was not compliant with applicable federal and state statutes and regulations, CoinLab nevertheless demanded that MtGox complete transfer of the customer accounts that were to be transferred under the Agreement. MtGox refused to do so because if CoinLab was not properly licensed or registered, CoinLab could be held in violation of federal and/or state laws, which could, among other things, prejudice customers.


So frankly, if you are in the US, don't waste your time!
zyk
full member
Activity: 224
Merit: 101
October 21, 2013, 04:05:28 PM
so is September 13 th already processed ?

its not even pending in my book....so the buck stopped right here!!?? Huh

legendary
Activity: 1437
Merit: 1002
https://bitmynt.no
October 21, 2013, 02:50:12 PM
2-6 weeks for EUR withdrawals? I've been reading posts around the forum saying Gox non-USD withdrawals are working fine..... is this "fine"? If so, these are just shills running around saying things are "fine"....
This is the best they can do legally without licensing as a payment service provider in the EU.  The limit is 3 million EUR / month.  The licensing process is ongoing, but takes 6 months to a year.  It is very expensive as well, and they couldn't afford it until this year.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
October 21, 2013, 02:27:36 PM
and is a dangerous place to entrust one's funds to.
The lesson that current events have been trying to teach us since 2008 is that entrusting funds is a dangerous activity, one the cryptocurrencies should make obsolete.

maybe eventually, but as it stands, everyone pours their money into centralized entities simply to purchase crypto......
legendary
Activity: 1400
Merit: 1013
October 21, 2013, 02:16:32 PM
and is a dangerous place to entrust one's funds to.
The lesson that current events have been trying to teach us since 2008 is that entrusting funds is a dangerous activity, one the cryptocurrencies should make obsolete.
legendary
Activity: 4690
Merit: 1276
October 21, 2013, 02:08:49 PM
2-6 weeks for EUR withdrawals? I've been reading posts around the forum saying Gox non-USD withdrawals are working fine..... is this "fine"? If so, these are just shills running around saying things are "fine"....

The most compelling hypothesis I've heard is that these guys are cleaning up on the abritrage opportunities which will vanish if/when Mt. Gox does.  Such an event would likely follow a widespread acceptance that Mt. Gox has a limited ability to perform exchange functions effectively, and is a dangerous place to entrust one's funds to.

hero member
Activity: 826
Merit: 508
October 21, 2013, 01:06:40 PM
2-6 weeks for EUR withdrawals? I've been reading posts around the forum saying Gox non-USD withdrawals are working fine..... is this "fine"? If so, these are just shills running around saying things are "fine"....
full member
Activity: 156
Merit: 100
October 21, 2013, 12:52:27 PM
Waiting for Euro 10k SEPA transfer for >1 month now. Trusted Gox account. Getting impatient.


My 10k Euro arrived on 18 Oct. Withdrawal date 12 Sep. Phew.

PS: I lost 110 Euro somewhere between MtGox/Poland and my bank in a neighboring country. Can't be SEPA, so MtGox took it? Fees? (haven't used Euro withdrawal before)


Miracles do happen from time to time. If 1 in 100 request gets filled, then its a good indication they are broke.


The EUR withdrawals have been working consistently for me since August. It just takes anywhere from 2-6 weeks.


Me too
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