Topic: MtGox withdrawal delays [Gathering] - page 285. (Read 908613 times)
If that is really banking issues, why don't they use Western Union? I believe WU fee is much lower than 5%
And of course this was not put into the updates on their press releases.
Make a press release and leave out important information like this = Gox's style of running a "professional" business.
Right. That's how Mt. Gox divides the suckers into tiers.Make a press release and leave out important information like this = Gox's style of running a "professional" business.
There are the suckers who believe what it says on the Mt. Gox web site: "Trade with confidence on the world's largest Bitcoin exchange". And their press releases: "Mt. Gox is happy to announce that global account withdrawals have now fully resumed as of today" (July 4, 2013). Those suckers are likely to keep their money in Mt. Gox because they have no idea there's a problem. Mt. Gox keeps them in the dark.
The next class of suckers are those who know Mt. Gox has problems, but think they have some way around them. Those are the people who think it's OK if USD withdrawals don't work as long as SEPA or JPY or Bitcoin withdrawals do. Mt. Gox keeps them happy by alternating between delays in each withdrawal method.
Then there are the ones who don't quit because they're addicted to gambling and Mt. Gox is the biggest bookie around. These are the kind of people who knowingly invest in Ponzi schemes, thinking they'll get out early and be one of the winners.
I think you should not spread, that SEPA transfers are solved, until you saw it with your own eyes.. And even if no one here is lying it could be the same as usual, that it's just luck which transfer is fast and which not.
Fact is that there are thousands of undone withdraws pending or "confirmed" since weeks or months. Only if these undone transfers were done, they can say "it's solved".
You have to document your claim of thousands of withdraws pending. I count a total of three recent SEPA withdrawals in this thread which have been pending for more than two weeks. Each one reeported over and over. Standard international withdrawal is very slow. We know that. There is a huge backlog from the middle of June.Fact is that there are thousands of undone withdraws pending or "confirmed" since weeks or months. Only if these undone transfers were done, they can say "it's solved".
I'll try a four digit SEPA withdrawal next week, and report back.
So nothing is solved for open transfers... and I doubt it's solved for new transfers, but we will see.
Edit: ah and one withdrawl about 150€ from 2013/07/23 I got after a few days.
Edit2: just because there are not many people reporting delayed transfers, u can't say there are no. Because at the moment it's "normal" and normally no one cares about it anymore.
Today I made a new SEPA transfer about 300€, I will report back, if I get them next week.
Code:
13:30 < jouke> Just received an answer on my ticket: "We were bound to certain
withdrawal limits per day which forces the requests to pile up
in long queue. We suggest you to cancel all your pending
withdrawal request and make a new combined single request. So
that it be processed faster."
13:32 <@MagicalTux> remember one thing
13:32 <@MagicalTux> if you did multiple requests, only one can be processed
every ~20 days
In short: Cancel all your tiny withdrawals and merge them into one. It will be processed much faster.withdrawal limits per day which forces the requests to pile up
in long queue. We suggest you to cancel all your pending
withdrawal request and make a new combined single request. So
that it be processed faster."
13:32 <@MagicalTux> remember one thing
13:32 <@MagicalTux> if you did multiple requests, only one can be processed
every ~20 days
That is fuckin VITAL information.
Also a convenient way to move you to the back of the line.
I think you should not spread, that SEPA transfers are solved, until you saw it with your own eyes.. And even if no one here is lying it could be the same as usual, that it's just luck which transfer is fast and which not.
Fact is that there are thousands of undone withdraws pending or "confirmed" since weeks or months. Only if these undone transfers were done, they can say "it's solved".
You have to document your claim of thousands of withdraws pending. I count a total of three recent SEPA withdrawals in this thread which have been pending for more than two weeks. Each one reeported over and over. Standard international withdrawal is very slow. We know that. There is a huge backlog from the middle of June.Fact is that there are thousands of undone withdraws pending or "confirmed" since weeks or months. Only if these undone transfers were done, they can say "it's solved".
I'll try a four digit SEPA withdrawal next week, and report back.
So nothing is solved for open transfers... and I doubt it's solved for new transfers, but we will see.
Edit: ah and one withdrawl about 150€ from 2013/07/23 I got after a few days.
Edit2: just because there are not many people reporting delayed transfers, u can't say there are no. Because at the moment it's "normal" and normally no one cares about it anymore.
Today I made a new SEPA transfer about 300€, I will report back, if I get them next week.
Code:
13:30 < jouke> Just received an answer on my ticket: "We were bound to certain
withdrawal limits per day which forces the requests to pile up
in long queue. We suggest you to cancel all your pending
withdrawal request and make a new combined single request. So
that it be processed faster."
13:32 <@MagicalTux> remember one thing
13:32 <@MagicalTux> if you did multiple requests, only one can be processed
every ~20 days
In short: Cancel all your tiny withdrawals and merge them into one. It will be processed much faster.withdrawal limits per day which forces the requests to pile up
in long queue. We suggest you to cancel all your pending
withdrawal request and make a new combined single request. So
that it be processed faster."
13:32 <@MagicalTux> remember one thing
13:32 <@MagicalTux> if you did multiple requests, only one can be processed
every ~20 days
That is fuckin VITAL information.
And of course this was not put into the updates on their press releases.
Make a press release and leave out important information like this = Gox's style of running a "professional" business.
I think you should not spread, that SEPA transfers are solved, until you saw it with your own eyes.. And even if no one here is lying it could be the same as usual, that it's just luck which transfer is fast and which not.
Fact is that there are thousands of undone withdraws pending or "confirmed" since weeks or months. Only if these undone transfers were done, they can say "it's solved".
You have to document your claim of thousands of withdraws pending. I count a total of three recent SEPA withdrawals in this thread which have been pending for more than two weeks. Each one reeported over and over. Standard international withdrawal is very slow. We know that. There is a huge backlog from the middle of June.Fact is that there are thousands of undone withdraws pending or "confirmed" since weeks or months. Only if these undone transfers were done, they can say "it's solved".
I'll try a four digit SEPA withdrawal next week, and report back.
So nothing is solved for open transfers... and I doubt it's solved for new transfers, but we will see.
Edit: ah and one withdrawl about 150€ from 2013/07/23 I got after a few days.
Edit2: just because there are not many people reporting delayed transfers, u can't say there are no. Because at the moment it's "normal" and normally no one cares about it anymore.
Today I made a new SEPA transfer about 300€, I will report back, if I get them next week.
Code:
13:30 < jouke> Just received an answer on my ticket: "We were bound to certain
withdrawal limits per day which forces the requests to pile up
in long queue. We suggest you to cancel all your pending
withdrawal request and make a new combined single request. So
that it be processed faster."
13:32 <@MagicalTux> remember one thing
13:32 <@MagicalTux> if you did multiple requests, only one can be processed
every ~20 days
In short: Cancel all your tiny withdrawals and merge them into one. It will be processed much faster.withdrawal limits per day which forces the requests to pile up
in long queue. We suggest you to cancel all your pending
withdrawal request and make a new combined single request. So
that it be processed faster."
13:32 <@MagicalTux> remember one thing
13:32 <@MagicalTux> if you did multiple requests, only one can be processed
every ~20 days
That is fuckin VITAL information.
Welp. Besides all the fiat problems, they also have a problem with BTC withdrawals... They spend Coinbase transactions with only 6 confirmation...
This coin selection bug is fixed now, isn't it? Somebody are mining to a MtGox address. Clever. I can understand why MtGox didn't think of that.Welp. Besides all the fiat problems, they also have a problem with BTC withdrawals... They spend Coinbase transactions with only 6 confirmation...
This coin selection bug is fixed now, isn't it? Somebody are mining to a MtGox address. Clever. I can understand why MtGox didn't think of that. Welp. Besides all the fiat problems, they also have a problem with BTC withdrawals... They spend Coinbase transactions with only 6 confirmation...
(coinbase transactions are unspendable in the first 120 blocks)
(coinbase transactions are unspendable in the first 120 blocks)
so how much time it takes a BTC withdrawal?
It depends on luck, but if you are unlucky, it may take over a day.
Anybody know what an expected time would be for the validation of a new withdrawal method?
Been two days now since I added one.
Been two days now since I added one.
Welp. Besides all the fiat problems, they also have a problem with BTC withdrawals... They spend Coinbase transactions with only 6 confirmation...
(coinbase transactions are unspendable in the first 120 blocks)
(coinbase transactions are unspendable in the first 120 blocks)
so how much time it takes a BTC withdrawal?
Welp. Besides all the fiat problems, they also have a problem with BTC withdrawals... They spend Coinbase transactions with only 6 confirmation...
(coinbase transactions are unspendable in the first 120 blocks)
(coinbase transactions are unspendable in the first 120 blocks)
I think you are right, I got 1 out of 4 payments from August. What status do peoples withdrawals get stuck on?
Do you have a counter-example to this? (Days are business days.) I've noticed one claim of delayed JPY domestic transfer as well.https://bitcointalksearch.org/topic/m.3024749
smaller than 1000 EUR will get in a priority queue and used to fill the daily quota
larger than 1000 EUR, up to 30000 EUR are processed in FIFO order
Do you count exactly 1000 as above or smaller as 1000 row?
And from which date do you count the 10 business days? From the day you received it? On of my orders was around 93 but still didn't get through eventough 10 business days had passed since receiving the first order.
Ok thanks, well it seems your description is pretty accurate then.
Update on Local JP Bank account withdrawal. Going into day 7 with no money in sight. Day 3 with no reply from support as to what there average withdrawal in Japan has gone up to, and no response from their "Banking" department on when the money is expected to transfer. My transfer before this one was 1 business day. So something has changed.
Have you heard of other people having the same problem? This is the only report I have seen recently about delayed JPY domestic transfer. What is the status of the transfer? Confirmed or pending?In other news: My SEPA withdrawal went pending today. Expect to have the money tomorrow. Will buy BTC (most likely from a private seller to save time and fees), sell again on MtGox and hopefully make 10%.
I think you are right, I got 1 out of 4 payments from August. What status do peoples withdrawals get stuck on?
Do you have a counter-example to this? (Days are business days.) I've noticed one claim of delayed JPY domestic transfer as well.https://bitcointalksearch.org/topic/m.3024749
smaller than 1000 EUR will get in a priority queue and used to fill the daily quota
larger than 1000 EUR, up to 30000 EUR are processed in FIFO order
Do you count exactly 1000 as above or smaller as 1000 row?
And from which date do you count the 10 business days? From the day you received it? On of my orders was around 93 but still didn't get through eventough 10 business days had passed since receiving the first order.
Since apparently some people are receiving SEPA withdrawals with minimal waiting, the claim that Mt. Gox is working on a "queue" is quite laughable from my perspective. My theory is that everybody receives "something" every few weeks in effort to calm people down.
I think you are right, I got 1 out of 4 payments from August. What status do peoples withdrawals get stuck on?https://bitcointalksearch.org/topic/m.3024749
It depends, you wrote this:
smaller than 1000 EUR will get in a priority queue and used to fill the daily quota
larger than 1000 EUR, up to 30000 EUR are processed in FIFO order
Do you count exactly 1000 as above or smaller as 1000 row?
And from which date do you count the 10 business days? From the day you received it? On of my orders was around 93 but still didn't get through eventough 10 business days had passed since receiving the first order.
Since apparently some people are receiving SEPA withdrawals with minimal waiting, the claim that Mt. Gox is working on a "queue" is quite laughable from my perspective. My theory is that everybody receives "something" every few weeks in effort to calm people down.
I think you are right, I got 1 out of 4 payments from August. What status do peoples withdrawals get stuck on?https://bitcointalksearch.org/topic/m.3024749
To contrast some reports that SEPA transfers are now fast, I just yesterday received a 1000€ SEPA withdrawal that I made on May 8th 2013 (so almost 4 months). Previous payment I received was on Aug 14th for a withdrawal made just day before on May 7th (also 1000€). I have 2 more 1000€ withdrawals pending made on May 10th and May 14th.
Since apparently some people are receiving SEPA withdrawals with minimal waiting, the claim that Mt. Gox is working on a "queue" is quite laughable from my perspective. My theory is that everybody receives "something" every few weeks in effort to calm people down.
Since apparently some people are receiving SEPA withdrawals with minimal waiting, the claim that Mt. Gox is working on a "queue" is quite laughable from my perspective. My theory is that everybody receives "something" every few weeks in effort to calm people down.
I think you are right, I got 1 out of 4 payments from August. What status do peoples withdrawals get stuck on?
Like a bank run... a self fulfilling prophesy.
@ sturle:
what about your withdraw? ^^ How long it should take before u made ur own counterexample?
Long story short: There was a problem with it, so the first attempt failed. The next attempt got in the long queue because it became the second attempt in less than 10 days. what about your withdraw? ^^ How long it should take before u made ur own counterexample?
It should go out tomorrow.
Still have International wire to US outstanding from June 25th.. Yes June 25th.. heading towards (3) months since transfer was requested..
I, like many others, have open support tickets, but keep getting the "we're sorry, please wait longer" response. Here's the response I got on 8/30.
The cynic in me is starting to believe they just don't have the cash, and are waiting to get enough.. .panic causing insolvency. Mid July I bought coin (at a loss) and pulled all my money out (except my outstanding transfers) that way. I don't trust Gox any more.
I, like many others, have open support tickets, but keep getting the "we're sorry, please wait longer" response. Here's the response I got on 8/30.
Quote
Thank you for your waiting and your patience. We are sorry to inform you that we do have updates only as informed through earlier mails and we are not able to provide an ETA on any transactions.
Since we are clearing many pending withdrawals by increasing the transaction speed we do hope that your withdrawals will also be cleared soon without much of the waiting.
Best regards,
Mt.Gox Team
Since we are clearing many pending withdrawals by increasing the transaction speed we do hope that your withdrawals will also be cleared soon without much of the waiting.
Best regards,
Mt.Gox Team
The cynic in me is starting to believe they just don't have the cash, and are waiting to get enough.. .panic causing insolvency. Mid July I bought coin (at a loss) and pulled all my money out (except my outstanding transfers) that way. I don't trust Gox any more.
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