I can confirm that my "5 digit+" withdrawal was quite timely. In fact, it arrived yesterday.
I have been waiting for my 5 digit withdrawal for nearly one month...But it has arrived?
Topic: MtGox withdrawal delays [Gathering] - page 329. (Read 908613 times)
But it has arrived?
I can confirm that my "5 digit+" withdrawal was quite timely. In fact, it arrived yesterday.
I have been waiting for my 5 digit withdrawal for nearly one month... 
I can confirm that my "5 digit+" withdrawal was quite timely. In fact, it arrived yesterday.
Would you be kind enough to post a screenshot of the wire, My lord
+1
I can confirm that my "5 digit+" withdrawal was quite timely. In fact, it arrived yesterday.
Would you be kind enough to post a screenshot of the wire, My lord
I can confirm that my "5 digit+" withdrawal was quite timely. In fact, it arrived yesterday.
a.) Liquidity problems. Buy MOAR BTC to increase our arb profitzz! (I'm sure they don't have an account at Bitstamp)
b.) Lies Lies Lies. 1.2 M is a minuscule fraction of daily flows for a bank.
c.) Gox's incompetence/banks
d.) Silence is golden? They have no idea how to shore up confidence. They are out of excuses and have decided to play the quiet game.
I know that it is frustrating especially if you had plans with the money.
On the other hand, I can understand the massive number of "unforeseen" problems. Even if you have a normal company, which doesn't deal with "exotic" currencies, banking and payment processing can be a nightmare.
Raging about mtgox anonymously on forums won't net anything positive. If you lost faith in mtgox then use an other exchange.
I'm just trying to warn people to get their money of out Gox before its too late. A member of the forum posted that a WSJ reporter is working on an article as we speak. Now its only a matter of time.
The problem is "A member of the forum posted that"....LOL
Someone on BTC-E said that Obama was going to announce something big regarding Mt. Gox on monday.
Bitstamp has simply taken the role of Dwolla, Liberty Reserve and OKPay for Gox traders at the moment. Without Gox Bitstamp would collapse within a few hours.
This statement seems to make no sense. Gox traders using Dwolla would deposit USD to Dwolla, transfer the USD to Gox then buy bitcoins....how can this be done via Bitstamp?
You'd have to be very brave or a fool to deposit USD to bitstamp, buy bitcoins, transfer them to Gox, sell them on Gox and pray for a withdrawal (hence the 10% premium as no one wants to do it).
And the reverse doesn't make much sense either. If I deposit USD at Gox, then buy bitcoins then transfer them to Bitstamp and sell them for a 10% haircut, then withdraw USD...that is not something I'd want to be doing on a regular basis.
I was using Gox exclusively, now I'm using Bitstamp exclusively...why would I have any reason to go back to Gox? I have already reconfigured my systems to also work with the bitstamp API.
How would Bitstamp collapse within hours? Provided they are not running a factional reserve then their orders will balance.
I'm just trying to warn people to get their money of out Gox before its too late. A member of the forum posted that a WSJ reporter is working on an article as we speak. Now its only a matter of time.
See my answer to S3052: https://bitcointalksearch.org/topic/m.2804992
How should we transfer $ 13 million to Bitstamp? It's not possible without a collapse. If Mt. Gox kicked the bucket, then we go back to single digits or less. Then you better should recommend to get out of bitcoin.
Bitstamp has simply taken the role of Dwolla, Liberty Reserve and OKPay for Gox traders at the moment. Without Gox Bitstamp would collapse within a few hours.
a.) Liquidity problems. Buy MOAR BTC to increase our arb profitzz! (I'm sure they don't have an account at Bitstamp)
b.) Lies Lies Lies. 1.2 M is a minuscule fraction of daily flows for a bank.
c.) Gox's incompetence/banks
d.) Silence is golden? They have no idea how to shore up confidence. They are out of excuses and have decided to play the quiet game.
I know that it is frustrating especially if you had plans with the money.
On the other hand, I can understand the massive number of "unforeseen" problems. Even if you have a normal company, which doesn't deal with "exotic" currencies, banking and payment processing can be a nightmare.
Raging about mtgox anonymously on forums won't net anything positive. If you lost faith in mtgox then use an other exchange.
I'm just trying to warn people to get their money of out Gox before its too late. A member of the forum posted that a WSJ reporter is working on an article as we speak. Now its only a matter of time.
The problem is "A member of the forum posted that"....LOL
a.) Liquidity problems. Buy MOAR BTC to increase our arb profitzz! (I'm sure they don't have an account at Bitstamp)
b.) Lies Lies Lies. 1.2 M is a minuscule fraction of daily flows for a bank.
c.) Gox's incompetence/banks
d.) Silence is golden? They have no idea how to shore up confidence. They are out of excuses and have decided to play the quiet game.
I know that it is frustrating especially if you had plans with the money.
On the other hand, I can understand the massive number of "unforeseen" problems. Even if you have a normal company, which doesn't deal with "exotic" currencies, banking and payment processing can be a nightmare.
Raging about mtgox anonymously on forums won't net anything positive. If you lost faith in mtgox then use an other exchange.
I'm just trying to warn people to get their money of out Gox before its too late. A member of the forum posted that a WSJ reporter is working on an article as we speak. Now its only a matter of time.
a.) Liquidity problems. Buy MOAR BTC to increase our arb profitzz! (I'm sure they don't have an account at Bitstamp)
b.) Lies Lies Lies. 1.2 M is a minuscule fraction of daily flows for a bank.
c.) Gox's incompetence/banks
d.) Silence is golden? They have no idea how to shore up confidence. They are out of excuses and have decided to play the quiet game.
I know that it is frustrating especially if you had plans with the money.
On the other hand, I can understand the massive number of "unforeseen" problems. Even if you have a normal company, which doesn't deal with "exotic" currencies, banking and payment processing can be a nightmare.
Raging about mtgox anonymously on forums won't net anything positive. If you lost faith in mtgox then use an other exchange.
Got one of my transfers. yay 
there's is hope people. rather slow hope that is.
there's is hope people. rather slow hope that is.
Ah. What date was it requested, and which fiat currency?
It was a SEPA EUR transfer on 2013/05/29
so 3 months!
Well, 8 weeks, still outrageous, and this is not even a USD transfer.
Questions remain:
a) Why are EUR and AUD transfers affected?
b) How can a US$1.2m per day total consideration cap possibly help when it is (allegedly) the numerical count of transfers which are "overwhelming" the bank(s)?
c) Why are deposits now being slowed down too?
d) Why no press release folllow-up since July 4th?
a.) Liquidity problems. Buy MOAR BTC to increase our arb profitzz! (I'm sure they don't have an account at Bitstamp)
b.) Lies Lies Lies. 1.2 M is a minuscule fraction of daily flows for a bank.
c.) Gox's incompetence/banks
d.) Silence is golden? They have no idea how to shore up confidence. They are out of excuses and have decided to play the quiet game.
What I want to know is why Roger Ver would risk his reputation by vouching for Gox in this video.
What is Roger Vers reputation like?
http://www.youtube.com/watch?v=UP1YsMlrfF0
Lol there are users in the comments section moaning about withdrawals also
What is Roger Vers reputation like?
http://www.youtube.com/watch?v=UP1YsMlrfF0
Lol there are users in the comments section moaning about withdrawals also
Got one of my transfers. yay
there's is hope people. rather slow hope that is.
there's is hope people. rather slow hope that is.
Ah. What date was it requested, and which fiat currency?
It was a SEPA EUR transfer on 2013/05/29
so 3 months!
Well, 8 weeks, still outrageous, and this is not even a USD transfer.
Questions remain:
a) Why are EUR and AUD transfers affected?
b) How can a US$1.2m per day total consideration cap possibly help when it is (allegedly) the numerical count of transfers which are "overwhelming" the bank(s)?
c) Why are deposits now being slowed down too?
d) Why no press release folllow-up since July 4th?
Got one of my transfers. yay
there's is hope people. rather slow hope that is.
there's is hope people. rather slow hope that is.
Ah. What date was it requested, and which fiat currency?
It was a SEPA EUR transfer on 2013/05/29
so 3 months!
Got one of my transfers. yay
there's is hope people. rather slow hope that is.
there's is hope people. rather slow hope that is.
Ah. What date was it requested, and which fiat currency?
It was a SEPA EUR transfer on 2013/05/29
Got one of my transfers. yay
there's is hope people. rather slow hope that is.
there's is hope people. rather slow hope that is.
Ah. What date was it requested, and which fiat currency?
Got one of my transfers. yay
there's is hope people. rather slow hope that is.
there's is hope people. rather slow hope that is.
Quote
In that case here are the guys who can't withdraw out in the real world
https://www.facebook.com/MtGox?filter=2
This is even worse than I thought. Stalling on withdrawals didn't start on June 20; it goes back further. https://www.facebook.com/MtGox?filter=2
Paul Vigna, a reporter at the Wall Street Journal, is covering this story. I've talked to him. He can be reached at [email protected]. He would like to hear from people who are having trouble getting substantial amounts of money out of Mt. Gox.
Hi Nagle,
Thank you for doing this.
Classic goxxing
What's disturbing is that now *deposits* take about a week to ten days according to that chat and according to this news release:
https://support.mtgox.com/entries/21692589-Changes-to-Deposit-Transfer-Procedures
---
"In the past we were able to credit customer accounts before the funds arrived in our own bank account, meaning that it could only take 3~4 days to register. The new process may take a week to ten days to register on your account depending on your bank, as well as weekends and holidays."
---
To hear it's going to take up to 10 days for deposits to show up in one's account is rather disappointing. It would not be a shock that with the liquidity issues, they're paying out wires with the deposits that are being received.
Anyway, it doesn't matter to me anymore. I hadn't had any issues until Mt.Gox stalled my wires in June and after more than a month, I decided to take the hit and move everything out. Still have hope in Mt. Gox that they'll turn this around someday.
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