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    Author Topic: MtGox withdrawal delays [Gathering]  (Read 909045 times)

    • fr33d0miz3r
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    January 25, 2014, 10:34:38 PM
     #2921
    Quote from: gizmoh on January 25, 2014, 09:32:40 PM
    There is a nice web app, to look for your lost btc withdrawals from Gox giving possible reasons( Mine is showing LT : Large Transaction Size)

    http://skanner.net/MtGox/mtgox_tx.php


    Support tickets takes 4-5 days to be responded, as they have huge backlog.


    Lots of delayed transactions which are showed "LT" there, actually have spent outputs if you try to push them on blockchain.info

  • JMATTH33
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    January 25, 2014, 10:58:25 PM
     #2922
    Thanks for the link.

    Im waiting on 32.6 Bitcoins. I withdrew them from Gox about 14 hours ago. Still waiting...

    I just checked my address and I am not too sure what I am looking at exactly but it does look like some sort of doubling up of the transaction (a figure twice the amount of my available/transferred bitcoins appears) Also it shows LT

    http://skanner.net/MtGox/getaddys.php?txid=f42ad37a8cc05d0f80aaa16126890194352e91be939afbdb2e296c0acbd99f9a

    I hope the other address that is listed (as well as mine) is a Gox one...I checked it and the bitcoins haven't gone to it.

    Ive sent them a support request.

  • theta
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    January 25, 2014, 11:19:54 PM
     #2923
    It seems the price difference between Gox and the rest is now almost 20%, the highest I remember it. Is this an indication of the situation deteriorating? At this price differential it is even more tempting to try the arbitrage even if it means one full month per complete round-trip trade. Do people receive cash withdrawals after 3-4 weeks?

  • alfabitcoin
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    January 26, 2014, 12:02:46 AM
     #2924
    Quote from: theta on January 25, 2014, 11:19:54 PM
    It seems the price difference between Gox and the rest is now almost 20%, the highest I remember it. Is this an indication of the situation deteriorating? At this price differential it is even more tempting to try the arbitrage even if it means one full month per complete round-trip trade. Do people receive cash withdrawals after 3-4 weeks?
    Its due people buying btc and making the price up so they can withdraw btc instead of fiat. I think its normal reaction due long withdraw waiting time.

  • tvbcof
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    January 26, 2014, 12:32:30 AM
     #2925
    Quote from: alfabitcoin on January 26, 2014, 12:02:46 AM
    Quote from: theta on January 25, 2014, 11:19:54 PM
    It seems the price difference between Gox and the rest is now almost 20%, the highest I remember it. Is this an indication of the situation deteriorating? At this price differential it is even more tempting to try the arbitrage even if it means one full month per complete round-trip trade. Do people receive cash withdrawals after 3-4 weeks?
    Its due people buying btc and making the price up so they can withdraw btc instead of fiat. I think its normal reaction due long withdraw waiting time.

    Good theory...or was a good theory months ago...
    sig spam anywhere and self-moderated threads on the pol&soc board are for losers.

  • tvbcof
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    January 26, 2014, 04:34:56 AM
     #2926
    Quote from: adnanabbas on January 26, 2014, 04:08:11 AM
    Holy shit!!! My account is verified now  Shocked Shocked

    Hurrah!

    My next step from here was to have Mt. Gox wire all the money in my fiat account which I did immediately after being verified.  That was half a year ago and I've not seen my funds yet.

    I hope you have better results than I.  I'm not holding my breath if you are from the Middle East.
    sig spam anywhere and self-moderated threads on the pol&soc board are for losers.

  • dragony
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    January 26, 2014, 08:34:15 AM
     #2927
    Hey guys,
    I have verified account on Gox. Can someone sum it up for me please? So:

    international wire transfers - don't even try it? Will it never come?
    Sepa transfer to Euro accounts - will they be delivered? When do you think
    Bitcoin withdrawals - are they possible for verified users? How long they take?

    Thanks a lot

  • 7u83
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    January 26, 2014, 09:48:28 AM
     #2928
    There is one question for me ...
    We all know there was press about seizure of $5 million from Mt.Gox. This should be a tiny fraction of all dollars they had  and may not lead to big solvency issues, even if they do "fractional reserve". However, they are in trouble. Mt.Gox  stated somewhere in april 2013 they  are receiving 5 to 20 million dollars a day. Where is this money if it is not seized?  Are these press releases wrong about seizure of $5 million and it's much more money in the end?

  • Alpaca Bob
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    January 26, 2014, 12:05:39 PM
     #2929
    Quote from: Nagle on January 25, 2014, 08:36:15 PM

    The last two US exchanges, Tradehill and Kraken, both of which boasted about their "professionalism", turned out to be flakes.


    What's wrong with Kraken? I have had no problems with them whatsoever.
    The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

  • raskul
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    January 26, 2014, 12:06:46 PM
     #2930
    Quote from: Alpaca Bob on January 26, 2014, 12:05:39 PM
    Quote from: Nagle on January 25, 2014, 08:36:15 PM

    The last two US exchanges, Tradehill and Kraken, both of which boasted about their "professionalism", turned out to be flakes.


    What's wrong with Kraken? I have had no problems with them whatsoever.

    +1 Kraken is good for me
    tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a

  • seldon
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    January 26, 2014, 12:12:12 PM
    Last edit: January 26, 2014, 12:47:32 PM by seldon
     #2931
    New fun with gox.. "Invalid amount, limit reached" -even though the amount was well below my daily limit and more then enough funds on the exchange. After trying random values I was able to withdraw 300€, let's see when they arrive.

    I'm not happy with the delays, but could live with that. What I can't agree on is randomly cutting down the daily limit, without even showing it to me.

    edit: same thing with btc withdrawals  Sad

  • Netprofits
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    January 26, 2014, 01:01:28 PM
     #2932
    Quote from: seldon on January 26, 2014, 12:12:12 PM
    New fun with gox.. "Invalid amount, limit reached" -even though the amount was well below my daily limit and more then enough funds on the exchange. After trying random values I was able to withdraw 300€, let's see when they arrive.

    I'm not happy with the delays, but could live with that. What I can't agree on is randomly cutting down the daily limit, without even showing it to me.

    edit: same thing with btc withdrawals  Sad

    Same.  First attempt, invalid amount.  Now 25hrs. later, an unanswered support ticket is all I have.  Nothing has made the BC.  Nothing.  A simple XXX BTC transfer has not arrived in my wallet but of course has been deducted from my available balance at Gox. 

  • btcash
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    January 26, 2014, 01:25:23 PM
     #2933
    Why the hell did they added Moneypolo as a deposit method? Now there will be even more bank withdrawlas they won't process.
    Looks more than dodgy to me.

    Quote
    Situation as of 16th January 2014: We are currently processing withdrawals requested 3 weeks ago.
    Normaly this is updated daily. So no withdrawals peocessed since 16th January or just to lazy to update?

    Quote
    +1 Kraken is good for me
    Agreed. Very fast withdrawals and they don't ask any anoying questions like bitstamp.

  • theta
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    January 26, 2014, 02:03:55 PM
     #2934
    Quote from: alfabitcoin on January 26, 2014, 12:02:46 AM
    Quote from: theta on January 25, 2014, 11:19:54 PM
    It seems the price difference between Gox and the rest is now almost 20%, the highest I remember it. Is this an indication of the situation deteriorating? At this price differential it is even more tempting to try the arbitrage even if it means one full month per complete round-trip trade. Do people receive cash withdrawals after 3-4 weeks?
    Its due people buying btc and making the price up so they can withdraw btc instead of fiat. I think its normal reaction due long withdraw waiting time.

    Obviously, but absent solvency concerns, there must be a point where the delay is not an issue and the price gap should make it attractive for arbitrageurs to step in. If all transaction costs are say 5%, and there's let's say one month delay, there's potential for 15% profit per month.

  • ascisco
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    January 26, 2014, 03:45:31 PM
     #2935
    Quote from: theta on January 26, 2014, 02:03:55 PM
    Quote from: alfabitcoin on January 26, 2014, 12:02:46 AM
    Quote from: theta on January 25, 2014, 11:19:54 PM
    It seems the price difference between Gox and the rest is now almost 20%, the highest I remember it. Is this an indication of the situation deteriorating? At this price differential it is even more tempting to try the arbitrage even if it means one full month per complete round-trip trade. Do people receive cash withdrawals after 3-4 weeks?
    Its due people buying btc and making the price up so they can withdraw btc instead of fiat. I think its normal reaction due long withdraw waiting time.

    Obviously, but absent solvency concerns, there must be a point where the delay is not an issue and the price gap should make it attractive for arbitrageurs to step in. If all transaction costs are say 5%, and there's let's say one month delay, there's potential for 15% profit per month.

    If there are solvency issues arbitraging isnt going to happen. Anyone putting fiat or BTC in gox right now is literally playing russian roulette with their money. Is that worth 15%?

  • nmersulypnem
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    January 26, 2014, 04:49:23 PM
     #2936
    Quote from: gizmoh on January 25, 2014, 09:32:40 PM
    There is a nice web app, to look for your lost btc withdrawals from Gox giving possible reasons( Mine is showing LT : Large Transaction Size)

    http://skanner.net/MtGox/mtgox_tx.php


    Support tickets takes 4-5 days to be responded, as they have huge backlog.


    I don't understand what I'm looking at....  Does this webapp somehow detect withdrawals on the blockchain from known Gox addresses that are over two hours old?  I mean, it can only do so if Gox actually published to the blockchain, right?  Which is not the real concern, right?  Aren't we concerned that they are blocking withdrawals outright?

  • Netprofits
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    January 26, 2014, 05:29:44 PM
    Last edit: January 26, 2014, 08:14:04 PM by Netprofits
     #2937
    Quote from: nmersulypnem on January 26, 2014, 04:49:23 PM

    I don't understand what I'm looking at....  Does this webapp somehow detect withdrawals on the blockchain from known Gox addresses that are over two hours old?  I mean, it can only do so if Gox actually published to the blockchain, right?  Which is not the real concern, right?  Aren't we concerned that they are blocking withdrawals outright?

    I have the same questions regarding the webapp and the blockchain(BC).  I am nearing 36 hrs. since I withdrew my BTC.  My screenshot from Gox shows the withdraw to the proper address but nothing has made the BC.



    Edit:  I hope this will ease some concerns.  My update is @ https://bt.irlbtc.com/view/324918.msg4758517#msg4758517

  • fr33d0miz3r
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    January 26, 2014, 06:24:35 PM
     #2938
    Quote from: nmersulypnem on January 26, 2014, 04:49:23 PM
    I don't understand what I'm looking at....  Does this webapp somehow detect withdrawals on the blockchain from known Gox addresses that are over two hours old?  I mean, it can only do so if Gox actually published to the blockchain, right?  Which is not the real concern, right?  Aren't we concerned that they are blocking withdrawals outright?

    MtGox detects its withdrawals and publish all unprocessed transactions (which are unprocessed after 2 hours) in their API. And this website shows that transactions.

    https://en.bitcoin.it/wiki/MtGox/API/HTTP/v0#0.2Fbitcoin_tx

  • Nagle
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    January 26, 2014, 07:30:57 PM
     #2939
    The spread between Mt. Gox and the other exchanges is around 22% today.  This may be an all-time high. We've seen 20% a few times, but above 20% has been rare. The spread has been climbing slowly for weeks.  (Is this charted somewhere?  "bitcoincharts.com" doesn't chart it, but they're run by Mt. Gox.)

    It's a slow day. This isn't due to volatility. This is purely the penalty for using Mt. Gox.

    That number is getting into the range where a run on Mt. Gox is likely.

  • richardweiming
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    January 26, 2014, 08:31:13 PM
     #2940
    Quote from: fr33d0miz3r on January 26, 2014, 06:24:35 PM
    Quote from: nmersulypnem on January 26, 2014, 04:49:23 PM
    I don't understand what I'm looking at....  Does this webapp somehow detect withdrawals on the blockchain from known Gox addresses that are over two hours old?  I mean, it can only do so if Gox actually published to the blockchain, right?  Which is not the real concern, right?  Aren't we concerned that they are blocking withdrawals outright?

    MtGox detects its withdrawals and publish all unprocessed transactions (which are unprocessed after 2 hours) in their API. And this website shows that transactions.

    https://en.bitcoin.it/wiki/MtGox/API/HTTP/v0#0.2Fbitcoin_tx


    I have 2  10 bitcoins withdraw not receive in several hours.
    I only have the 2
    Transaction reference: 21f57eda-dd79-4244-9890-2dca284945b5
    Transaction reference: 413f630a-4952-4bac-b983-51bb2809369b

    I did not not the TX ID when the withdraw is made. How can I check my withdraw details now? How to find my TX ID. It seems without the TX ID. All the api can not use.

    who can help me?
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