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Topic: what's the longest delay you have had with MTGOX? - page 2. (Read 4666 times)

sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
You need a website or something.

It is coming, but the current sales volume has been keeping me busy.
newbie
Activity: 21
Merit: 0
12 days
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Or don't use an exchange. Smiley

*cough* *cough* sig.
You need a website or something.
legendary
Activity: 1400
Merit: 1005
If it takes this long, why don't people just withdraw there bitcoins to another exchange where the withdrawing to USD or EUR goes faster then.. my god.. 21 days?
After this latest withdrawal, that's what I am doing.  Am now using Bitfloor.

The problem, as Maged noted, is that not many BUYERS are using other exchanges, which drops the price compared to Mt. Gox, where the price is being inflated because of the lack of people wanting to sell there.

So, anyone who wants to buy Bitcoins cheaper should look at buying from Bitfloor or one of the other non-MtGox exchanges.

I hope bitinstant is taking advantage of this opportunity as well.  They could use MtGox pricing, but do the actual coin purchases at other exchanges on the cheap.
donator
Activity: 1218
Merit: 1079
Gerald Davis
Or don't use an exchange. Smiley

*cough* *cough* sig.
legendary
Activity: 1204
Merit: 1015
If it takes this long, why don't people just withdraw there bitcoins to another exchange where the withdrawing to USD or EUR goes faster then.. my god.. 21 days?
They are. Try selling bitcoins anywhere right now within 1% of MtGox - you can't. So, it's either save 2-4% by withdrawing from MtGox and waiting 2-5 weeks, or spend that 2-4% and get your money fairly quickly. Oh, and I forgot to mention, you can only get out of BTC outside of MtGox for 2-4% if you're talking a volume of a few hundred BTC. Much more than that would clear the books of the other exchanges.
hero member
Activity: 530
Merit: 500
If it takes this long, why don't people just withdraw there bitcoins to another exchange where the withdrawing to USD or EUR goes faster then.. my god.. 21 days?

legendary
Activity: 1400
Merit: 1005
I withdrew on 6/8, finally arrived on 6/18, but only AFTER I had contacted support.

Mt Gox may be purposefully delaying withdrawals until contacted through support, so I'd encourage anyone who has a pending withdrawal to contact support and lay the pressure on.
sr. member
Activity: 451
Merit: 250
11 days.

I withdrew $881 to dwolla on 6/7/12.  It arrived on 6/18/12.
hero member
Activity: 742
Merit: 500
I think there should be an option where I can pay the .001 fee to get my transaction put in the blockchain faster.  I'd be completely willing to do that for more instant gratification.  Seems a ridiculous way to do business - my first transaction has left a bitter taste in my mouth and I'll be promptly searching for other more reliable methods of obtaining bitcoin.
hero member
Activity: 504
Merit: 502
So this is a common problem?  I withdrew 3 bitcoins from my MtGox wallet 36 hours ago - nothing.  No response to support request, nothing.  This is my first experience - how do they justify the wait?  Anyone receive an explanation as to WHY?

Bitcoin withdrawal is likely due to the network taking hours to process the tx. There has been times of 9hrs before it gets included in first block.

This affects everyone, I dont think mtgox is paying fees/high enough fees to process BTC transfers faster.
hero member
Activity: 742
Merit: 500
So this is a common problem?  I withdrew 3 bitcoins from my MtGox wallet 36 hours ago - nothing.  No response to support request, nothing.  This is my first experience - how do they justify the wait?  Anyone receive an explanation as to WHY?
member
Activity: 71
Merit: 10
Well all 3 of my pending withdrawals all cleared today.  So guess I won't break that 21 day record ... this time.

awesome! how long did it take you? I'm waiting on 3 as well and on day 13 for mine

The longest was 19 days and the shortest 13 days when it cleared.  I just did a five figure wire tx for the remaining balance so we will see if they can get this one down in < 2 weeks.  I had considered getting lvl 3 verification so my limits would be raised to $100K but front what I have heard lvl 3 doesn't make funds clear any faster.  The same multi-week delays exist.  I guess I should use Gox less instead.

Unfortunately I also asked GOX this and they said it would not speed up the process. It's sad because GOX was great for a long time but these last two months are not acceptable. I like that GOX has certain features that other ex-changers don't have such as accepting paper wallets to redeem private keys. But at this point that's not enough to keep my business. I really hope they get there shit together. Although I found a great ex-changer now and I'm excited to start working with them.
donator
Activity: 1218
Merit: 1079
Gerald Davis
Well all 3 of my pending withdrawals all cleared today.  So guess I won't break that 21 day record ... this time.

awesome! how long did it take you? I'm waiting on 3 as well and on day 13 for mine

The longest was 19 days and the shortest 13 days when it cleared.  I just did a five figure wire tx for the remaining balance so we will see if they can get this one down in < 2 weeks.  I had considered getting lvl 3 verification so my limits would be raised to $100K but front what I have heard lvl 3 doesn't make funds clear any faster.  The same multi-week delays exist.  I guess I should use Gox less instead.
member
Activity: 71
Merit: 10
Well all 3 of my pending withdrawals all cleared today.  So guess I won't break that 21 day record ... this time.

awesome! how long did it take you? I'm waiting on 3 as well and on day 13 for mine
donator
Activity: 1218
Merit: 1079
Gerald Davis
Well all 3 of my pending withdrawals all cleared today.  So guess I won't break that 21 day record ... this time.
donator
Activity: 668
Merit: 500
Mine was about 21 days for a large amount. Well over 10k in dwolla and wire transfers. I thought that I wasn't going to get it but was very lucky they came through eventually as I was starting to see it as a loss. Is there anyone who has yet to receive there funds? It seems as though everyone is receiving their money eventually, just with a large delay.

For me the issue was a deposit.  Despite doing precisely what is requested on the page, including reference code, my bank transfer was ignored.  I had to send an email.

Then they asked for sending bank, senders name, date and time of transfer, image of deposit slip, amount etc.   All bullshit.

Took 6 days since (instant) transfer to get the amount credited.
member
Activity: 71
Merit: 10
Yeah I don't buy the 5% of transfers are affected.  What is "Affected"?  As in 5% of all transfers haven't been paid at all?   In the real world a wire transfer is same day funds.  So if "affected" = wire tx takes longer than 24 hours I would imagine 100% of wire tx are "affected".

MtGox uses similar "funny math" describing the Dwolla problem.  They indicate x% of tx haven't been completed.  Well x% should be very low since it includes tx which began on 1 MAY.  I would hope the ones from 1 MAY were paid after 45 days.  So if they were paid after 44 days they would be completed and thus not in the x%?

MtGox what % of Dwolla requests made in the last 7 days haven't been paid?
MtGox what % of Dwolla requests made in the last 30 days took longer than 1 hour to complete? 1 day? 3 days? 7 days? 14 days? 21 days?
MtGox what % of USD wire tx made in the last 7 days haven't been paid?
MtGox what % of USD wire tx made in the last 30 days took longer than 3 days to complete? 7 days? 14 days? 21 days?

Start providing real numbers or FUCK OFF with the BS fake answers.

yea it's insulting the bullshit responses I get from them. Same shit about the amount of currency being moved and the banks having to do investigations.... really? Isn't that the reason we got AML verified and I even asked if I upped my status to trusted member if it would help make the processes faster but they said no. Really sad because they were great for so long and the last two months has gone to shit. Really sounds like a company about to loss it all and about to fuck over a bunch of people. I'm not gonna give up. I'm sick of your lies MTGOX! I'm done being nice. If I have to make it an issue to the board, through my friends at google, and many other forums that are about bitcoin talk I will until you either get your shit together or I will do whatever I can to inform the new people getting into coins to choose a honest ex-changer. Don't let there claim that they control 80% of the btc market fool you. All signs point to them going down and probably gonna take a bunch of peoples money with them.
donator
Activity: 1218
Merit: 1079
Gerald Davis
Yeah I don't buy the 5% of transfers are affected.  What is "Affected"?  As in 5% of all transfers haven't been paid at all?   In the real world a wire transfer is same day funds.  So if "affected" = wire tx takes longer than 24 hours I would imagine 100% of wire tx are "affected".

MtGox uses similar "funny math" describing the Dwolla problem.  They indicate x% of tx haven't been completed.  Well x% should be very low since it includes tx which began on 1 MAY.  I would hope the ones from 1 MAY were paid after 45 days.  So if they were paid after 44 days they would be completed and thus not in the x%?

MtGox what % of Dwolla requests made in the last 7 days haven't been paid?
MtGox what % of Dwolla requests made in the last 30 days took longer than 1 hour to complete? 1 day? 3 days? 7 days? 14 days? 21 days?
MtGox what % of USD wire tx made in the last 7 days haven't been paid?
MtGox what % of USD wire tx made in the last 30 days took longer than 3 days to complete? 7 days? 14 days? 21 days?

Start providing real numbers or FUCK OFF with the BS fake answers.
member
Activity: 71
Merit: 10
16 days for an okpay transfer of only 1000€ Angry

Weird.  Gox stated the delays were only for Dwolla and US wires. 

yea gox says alot of things ...

We also said :

5. Are other withdrawal methods affected?

International wires in non-USD currencies and SEPA withdrawals are not affected, they are operating normally. Please note that roughly 5% of our USD wire transfers are affected, but by and large are being processed normally.


But I agree that I omit to precise that this also included OKPAY. OKPAY is very small compare to the rest and I added it with the rest. Sorry for this confusion.

5% really....? because 100% of everyone I know is affected by your USD wire transfers. You don't answer emails, people have to come complain on this board for anything to get done. No you guys are lying about a lot. If you want to affect our business well I just thought of a way to affect yours. I happen to live in the bay area where I have many friends who work for the main office of google in mountain view. I'm at the point of asking them a favor and paying them money to be #1 on anything MTGOX searched to let people know what you are doing. Quit fucking us around. I'm at the point I'm ready to accept losses and start a mission to let everyone know though google or forums of your shadiness. I tried being respectful but you are pushing more than 5% of people doing transfers to the brink accepting losses. Either do what you say or don't do it at all. I bet all the 5% are verified through AML also, so there is no excuse!
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