MtGox withdrawal delays [Gathering] - page 326.

Nagle

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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

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www.multipool.us

Quote from: Nagle on August 05, 2013, 02:16:06 PM

Quote from: crazy_rabbit on August 05, 2013, 03:31:46 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

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Quote from: crazy_rabbit on August 05, 2013, 03:31:46 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

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LEALANA Bitcoin Grim Reaper

Quote from: joesmoe2012 on August 05, 2013, 03:43:05 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

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he who has the gold makes the rules

Quote from: Nagle on August 04, 2013, 06:20:26 PM

Quote from: bctjim on August 04, 2013, 03:05:56 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

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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

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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

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Quote from: bctjim on August 04, 2013, 03:05:56 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

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

joesmoe2012

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Ching-Chang;Ding-Dong

Quote from: bctjim on August 04, 2013, 03:05:56 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

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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

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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

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https://bitmynt.no

Quote from: Nagle on July 29, 2013, 12:34:20 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

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Ching-Chang;Ding-Dong

Quote from: solex on August 02, 2013, 05:59:39 AM

Quote from: BobLemoine on August 02, 2013, 05:49:39 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

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100 satoshis -> ISO code

Quote from: BobLemoine on August 02, 2013, 05:49:39 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

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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

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Bitgoblin

Quote from: malkusch on August 01, 2013, 06:13:09 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

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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

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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

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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 908751 times)