MtGox withdrawal delays [Gathering] - page 326.

Nagle

legendary

Activity: 1204

Merit: 1002

Quote

Akamai doesn't do hosting, they do caching. So to say they're hosted at Akamai doesn't make any sense in the first place. Only their static content will be served by Akamai.

Today, "mtgox.com" is going through a server on Amazon AWS, at "ec2-175-41-192-215.ap-northeast-1.compute.amazonaws.com" [175.41.192.215], with poor latency since the routing goes to Japan and then back to the US. That may be where the trading work gets done, or it may just be a front end which talks to a machine at Mt. Gox.

"www.mtgox.com", which has mostly static content, goes through Akamai.

(Akamai does do hosting now, as well as caching. They call it "IP Application Acceleration", with the brand names "Terra" and "Terra Alta". That's Akamai's "cloud" service. Mt. Gox seems to be using an AWS server instead, which makes sense considering the low transaction volume.)

None of this affects the real problem - "Where's the money?"

flound1129

hero member

Activity: 938

Merit: 1000

www.multipool.us

Quote from: Nagle on August 05, 2013, 03:16:06 PM

Quote from: crazy_rabbit on August 05, 2013, 04:31:46 AM

New Press release: https://www.mtgox.com/press_release_20130805.html

Gox apparently has lost "significant" amounts of money to crediting bank deposits prior to them clearing. Hmmmm. I'd want to know how much "significant" is.

Yes. More significantly, the announcement says nothing about withdrawal delays or solvency. It's all about diverting attention from the real problems.

Their statement about Akamai makes little sense. They say they've signed up with Akamai for hosting, and then they say "Structurally we've moved from being a hosted service to being entirely self-hosted". That's backwards.

They make a big deal about a "trading engine" able to support 500,000 trades per second. But Mt. Gox only does a few trades per minute.

This isn't progress. It's about diverting the mark's attention from the scam.

Akamai doesn't do hosting, they do caching. So to say they're hosted at Akamai doesn't make any sense in the first place. Only their static content will be served by Akamai.

Nagle

legendary

Activity: 1204

Merit: 1002

Quote from: crazy_rabbit on August 05, 2013, 04:31:46 AM

New Press release: https://www.mtgox.com/press_release_20130805.html

Gox apparently has lost "significant" amounts of money to crediting bank deposits prior to them clearing. Hmmmm. I'd want to know how much "significant" is.

Yes. More significantly, the announcement says nothing about withdrawal delays or solvency. It's all about diverting attention from the real problems.

Their statement about Akamai makes little sense. They say they've signed up with Akamai for hosting, and then they say "Structurally we've moved from being a hosted service to being entirely self-hosted". That's backwards.

They make a big deal about a "trading engine" able to support 500,000 trades per second. But Mt. Gox only does a few trades per minute.

This isn't progress. It's about diverting the mark's attention from the scam.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: joesmoe2012 on August 05, 2013, 04:43:05 AM

Just to throw in my datapoint again....

My oldest wire is from 6/17 to USA in USD, still waiting (high 5 figures).

Have a few other wires pending as well.

Still nothing.

i had some dating back to the 13th. I had them cancel it, bought bitcoins, moved to another exchange.

Been happier ever since. Gox has serious management issues. To the point that the risk and frustration of moving funds in and out is not worth it. Rather just take my business elsewhere.

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: Nagle on August 04, 2013, 07:20:26 PM

Quote from: bctjim on August 04, 2013, 04:05:56 PM

Which bank makes it easy for US citizens to open in Japan? How long does withdrawal usually take from Gox to a Japanese bank?

Talk to a Union Bank branch in the United States. Union Bank is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group. They may be able to set you up with an account in Japan which can accept domestic Japan wire transfers. "For more information, call Union Bank's Foreign Exchange Specialists at 1-866-868-4034."

You would need to set up a sub in JP, there is some consultant I found who will do the paperwork for the set up for $2200... I would be more than happy to do this if I found some partners.

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Just to throw in my datapoint again....

My oldest wire is from 6/17 to USA in USD, still waiting (high 5 figures).

Have a few other wires pending as well.

Still nothing.

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

New Press release: https://www.mtgox.com/press_release_20130805.html

Gox apparently has lost "significant" amounts of money to crediting bank deposits prior to them clearing. Hmmmm. I'd want to know how much "significant" is.

Nagle

legendary

Activity: 1204

Merit: 1002

Quote from: bctjim on August 04, 2013, 04:05:56 PM

Which bank makes it easy for US citizens to open in Japan? How long does withdrawal usually take from Gox to a Japanese bank?

Talk to a Union Bank branch in the United States. Union Bank is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group. They may be able to set you up with an account in Japan which can accept domestic Japan wire transfers. "For more information, call Union Bank's Foreign Exchange Specialists at 1-866-868-4034."

ardana123

hero member

Activity: 504

Merit: 500

brb hopping on a plane to japan to make a bank account

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: bctjim on August 04, 2013, 04:05:56 PM

Which bank makes it easy for US citizens to open in Japan? How long does withdrawal usually take from Gox to a Japanese bank?

Withdraw usually takes 2-3 hours for domestic japan. However I cannot figure out a way to open an account in Japan without being a resident or having a visa. If you find a way, please let me know!

bctjim

newbie

Activity: 13

Merit: 0

Which bank makes it easy for US citizens to open in Japan? How long does withdrawal usually take from Gox to a Japanese bank?

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

For information, if getting a bank account in Japan is worth your time. From #mtgox on Freenode:

Code:

10:12 <@MagicalTux> SEPA is currently the 2nd fastest way to get funds in/out of MtGox
10:13 <@MagicalTux> japanese domestic transfers are credited within 1 to 3 hours
10:13 <@MagicalTux> and withdrawals are credited next day
10:19 < sturles> MagicalTux: How hard is it for a foreigner to get a bank account in Japan?
10:19 <@MagicalTux> sturles: surprisingly simple
10:21 < sturles> This may explain the high JPY volume at MtGox recently. :-)
10:21 <@MagicalTux> ya

sturle

legendary

Activity: 1437

Merit: 1002

https://bitmynt.no

Quote from: Nagle on July 29, 2013, 01:34:20 AM

Prices on Mt. Gox are getting more unrealistic as more people run into withdrawal problems. There's now a 12% spread between BTC-E and Mt. Gox in Bitcoin/USD.

Haha! Have you ever tried to withdraw USD from BTC-E? Their fee for bank transfer is minimum 150 USD. BTC-E has always been below MtGox due to their slack AML requirements, making it a favourite for criminals who wants to get rid of stolen and dirty coins, and due to general lack of trust in BTC-E.

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: solex on August 02, 2013, 06:59:39 AM

Quote from: BobLemoine on August 02, 2013, 06:49:39 AM

This is my datas updated :
2013/05/04 745e -> received on 2013/05/07 (3 days)
2013/05/05 1000e -> received on 2013/06/03 (29 days)
2013/05/06 1000e -> received on 2013/07/23 (78 days)
2013/05/07 1200e -> received on 2013/08/01 (85 days)
2013/05/15 2000e -> Waiting ...
For sure it's really too slow, but it's look like that they will finally pay all my withdrawal :-) I hope !

So much for them aggregating withdrawals! How stretched are they if they can't even combine a couple??

They have never aggregated withdraws.

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: BobLemoine on August 02, 2013, 06:49:39 AM

This is my datas updated :
2013/05/04 745e -> received on 2013/05/07 (3 days)
2013/05/05 1000e -> received on 2013/06/03 (29 days)
2013/05/06 1000e -> received on 2013/07/23 (78 days)
2013/05/07 1200e -> received on 2013/08/01 (85 days)
2013/05/15 2000e -> Waiting ...
For sure it's really too slow, but it's look like that they will finally pay all my withdrawal :-) I hope !

So much for them aggregating withdrawals! How stretched are they if they can't even combine a couple??

BobLemoine

newbie

Activity: 7

Merit: 0

This is my datas updated :
2013/05/04 745e -> received on 2013/05/07 (3 days)
2013/05/05 1000e -> received on 2013/06/03 (29 days)
2013/05/06 1000e -> received on 2013/07/23 (78 days)
2013/05/07 1200e -> received on 2013/08/01 (85 days)
2013/05/15 2000e -> Waiting ...
For sure it's really too slow, but it's look like that they will finally pay all my withdrawal :-) I hope !

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: malkusch on August 01, 2013, 07:13:09 PM

FYI. I had also a 6K€ confirmed but not received SEPA withdrawal since July 1st. Today I asked the support to cancel my withdrawal and put the money back on my account. They did so in less than 1h. Now I get those BTC to another exchange. Maybe that's an option before waiting forever.

I's refreshing to hear that some people get it, as opposite to others who keep on waiting forever and see no problem with that.

bctjim

newbie

Activity: 13

Merit: 0

I've attempted to withdraw $10k over a month ago. 2 weeks later they said they had to cancel the withdrawal and put my money back because they don't support Citibank. I had to start all over in the "queue."

Quote

James Support, Jul 17 13:26 (JST):
Hello,

Sorry for the delay. Please be advised withdrawals that involves CITIBANK as the processing bank / intermediate bank couldn’t be processed as they are not accepting to clear any transactions for MtGox. I have cancelled the withdrawal and the funds have been refunded back to your account.

Please be advised I have cancelled your withdrawal already. Please initiate the withdrawal once again and you are unable to queue in old queue.

Then I immediately initiated another transfer to Bank of America.. 2 weeks later, they said they still needed more time.

Quote

Dennis, Aug 02 03:33 (JST):
Hello,

Thank you for contacting us regarding your withdrawal request.

Due to a change in our banking system we are currently experiencing a back-log of withdrawals that we need to process.

Our team is working hard to increase transaction speeds, but there is approximately a two-week back-log we need to overcome.

It will take a few weeks to get back to normal, and we thank you for your patience during this time.

Again, we apologize for the delay and we will contact you once your withdrawal has been processed.

malkusch

newbie

Activity: 58

Merit: 0

FYI. I had also a 6K€ confirmed but not received SEPA withdrawal since July 1st. Today I asked the support to cancel my withdrawal and put the money back on my account. They did so in less than 1h. Now I get those BTC to another exchange. Maybe that's an option before waiting forever.

bouvier

newbie

Activity: 42

Merit: 0

MtGox has 3 withdraw options for bank accounts: international, SEPA and PLN to Polish accounts. Does anyone know is there same delays when withdrawing PLN to Polish account?

Topic: MtGox withdrawal delays [Gathering] - page 326. (Read 908613 times)