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    Author Topic: MtGox withdrawal delays [Gathering]  (Read 909103 times)

    • Macno
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    January 28, 2014, 02:14:21 PM
     #3021
    Yes, ONE TIME. Nice. But if you try to do that more than once you risk buying back your BTC at Bitstamp to a price higher than 18% as soon (or late) as your money arrives. That`s all I`m saying.

  • zyk
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    January 28, 2014, 02:23:07 PM
     #3022
    but then you sell em again for the nice markup...everybody is beginning to do that right now...the spread alraedy crashed to a mere 13 %

    buying panic at bitstamp!....don´t miss out...sell the whales at gox their coins for a nice profit...ready steady go ! Grin

  • arniea
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    January 28, 2014, 02:51:12 PM
     #3023
    Quote from: PhydeauxLeChien on January 28, 2014, 02:25:42 PM
    Quote from: Macno on January 28, 2014, 02:14:21 PM
    Yes, ONE TIME. Nice. But if you try to do that more than once you risk buying back your BTC at Bitstamp to a price higher than 18% as soon (or late) as your money arrives. That`s all I`m saying.

    I think this scenario assumes you always have a pool of fiat and are not 100% BTC. You can do the operation multiple times, just buy on bitstamp exactly the same time as you sell on Gox, every time. Then transfer the BTC to Gox, wait a month for your SEPA to show up, then repeat.

    "Just wait a month"...

    It takes a little bit longer than a month Wink
    And If you invest a large amount, you're always scared that Gox will scam you, aren't you?
    So it's nice for a daredevil.

  • arniea
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    January 28, 2014, 03:35:45 PM
     #3024
    Quote from: PhydeauxLeChien on January 28, 2014, 03:29:14 PM
    Hey, I didn't say it's a good idea - I don't do it Wink. Just saying that exchange rate risk is not one of the (many) risks you're exposed to.

    true story  Wink

  • sturle
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    January 28, 2014, 03:36:10 PM
     #3025
    Quote from: arniea on January 28, 2014, 01:42:26 PM
    Quote from: zyk on January 28, 2014, 01:37:41 PM
    dont you get it ?...there is a 20 percent profit guarentee when dealing with Mt. Gox....free money for all Sepa account holders !! Wink
    I guess what he means is that it takes over 6 weeks to get you money.
    So it isn't very profitable if you have to wait such a long time
    About 20 days between each payout.  Read the top post on this page.  18% every 20 days is darn good interest.  You could take up a credit card loan to finance it, and still be profitable.  (I haven't of course, and I won't recommend anyone to do it either.)
    Sjå https://bitmynt.no for veksling av bitcoin mot norske kroner.  Trygt, billig, raskt og enkelt sidan 2010.
    I buy with EUR and other currencies at a fair market price when you want to sell.  See http://bitmynt.no/eurprice.pl
    Warning: "Bitcoin" XT, Classic, Unlimited and the likes are scams. Don't use them, and don't listen to their shills.

  • donk4u
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    January 28, 2014, 03:50:33 PM
     #3026
    what about from mt gox to another bitcoin wallet why is it taking over 24 hours? Backlog ?they don't have the money? 200 dollar plus markup and 24 hours money out of my account no response from support who is there 24 seven wtf? Is it a japenese holiday that they aren't responding to emails?

  • MrWr1TeR
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    January 28, 2014, 04:24:03 PM
     #3027
    Guys I have a question: this morning I wanted to withdraw 2.8btc from my Mt.Gox account. I split it up in 2 parts of 1.4 each...
    The idea was one part to Multibit and one to other exchange.

    First withdrawl: 8:36 (email received) didn't appear on the blockchain nor in my Multibit wallet
    As I saw nothing coming up I thought I forgot to confirm so I clicked confirm again, now 1.4 btc instantly appeared in Multibit. Another email 8:40 received about this transaction.

    So clearly this 8:36 transaction is missing, my BTC funds are down by 2.8 btc, but I only recieved 1.4 I can't find this 8:36 transaction in blockchain.info and when I type my multibit address or transactionID in http://skanner.net/MtGox/mtgox_tx.php I can't find any error message.

    What should I do? Wait a bit until the system auto-fixes this? Or write support ticket asap?

  • igorr
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    January 28, 2014, 04:29:24 PM
     #3028
    Quote from: MrWr1TeR on January 28, 2014, 04:24:03 PM
    Guys I have a question: this morning I wanted to withdraw 2.8btc from my Mt.Gox account. I split it up in 2 parts of 1.4 each...
    The idea was one part to Multibit and one to other exchange.

    First withdrawl: 8:36 (email received) didn't appear on the blockchain nor in my Multibit wallet
    As I saw nothing coming up I thought I forgot to confirm so I clicked confirm again, now 1.4 btc instantly appeared in Multibit. Another email 8:40 received about this transaction.

    So clearly this 8:36 transaction is missing, my BTC funds are down by 2.8 btc, but I only recieved 1.4 I can't find this 8:36 transaction in blockchain.info and when I type my multibit address or transactionID in http://skanner.net/MtGox/mtgox_tx.php I can't find any error message.

    What should I do? Wait a bit until the system auto-fixes this? Or write support ticket asap?

    LoL, Mtgox is dead
    Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
    Бpaтcкиx нapoдoв coюз вeкoвoй,
    Пpeдкaми дaннaя мyдpocть нapoднaя!
    Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!

  • Taborresen
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    January 28, 2014, 06:49:08 PM
     #3029
    Quote from: JohanM on January 28, 2014, 12:10:17 PM
    Sorry for the people unable to withdraw USD from MtGox.

    HOWEVER, SEPA does work. This is my recent SEPA withdraw history.
    All withdraws coming from Poland to Belgium.
    All amounts >> 1k€

    - okt 21, received nov 26
    - nov 9, received dec 17
    - nov 16, received jan 8
    - nov 19, received today jan 28
    - nov 27, not yet received (so by the 20 day rule it should arrive on Feb 17)

    The general rules from the MtGox FAQ seem to apply:
    - about 6 weeks for a transfer
    - minimum 20 days between each transfer (this is the one that seems to apply to 4 last transfers)


    I withdrew NOK on nov 19. Still nothing. I used international wire. Maybe it takes longer.

  • JohanM
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    January 28, 2014, 07:11:54 PM
     #3030
    Quote from: arniea on January 28, 2014, 12:13:59 PM
    Johan, which bank do you use? (and also, a Flemish or a Walloon bank?)
    I use "VDK Spaarbank".

    So you say every withrawal you made arrived?
    That would be great!

    Yes, every withdrawal has arrived, even the ones in BTC.
    My history is quite a bit longer than that, but only the current ones are relevant I think.

    My bank is ING, well known in Holland  Grin

  • arniea
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    January 28, 2014, 07:21:43 PM
     #3031
    Quote from: JohanM on January 28, 2014, 07:11:54 PM
    Quote from: arniea on January 28, 2014, 12:13:59 PM
    Johan, which bank do you use? (and also, a Flemish or a Walloon bank?)
    I use "VDK Spaarbank".

    So you say every withrawal you made arrived?
    That would be great!

    Yes, every withdrawal has arrived, even the ones in BTC.
    My history is quite a bit longer than that, but only the current ones are relevant I think.

    My bank is ING, well known in Holland  Grin

    I know ING Cheesy I also have an account, but I'd like to seperate them. (ING ==> Kraken VDK ==> GOX)

    My first withdrawal is one year ago or something, and it took 3 days I guess. So compared to nowadays, a LOT has changed  Shocked

  • de3mka
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    January 28, 2014, 07:36:58 PM
     #3032
    Has anyone successfully withdrawn BTC since Sunday?

    Thanks
    BTC: 16o89714EG9WGyi39NxifutFYk55QkxqQK

  • peteMelbs
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    January 28, 2014, 07:42:46 PM
     #3033
    yes i withdrew a small amount y'day which arrived right away, BUT im still waiting on 87 BTC from Saturday. I will keep you guys updated on how i go today.

  • Chancellor
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    January 28, 2014, 07:45:59 PM
     #3034
    MtGox finally accepted my bank account. Pushed some PLN to my bank. We'll see. It is rather low amount (less than 0.2 BTC). Will keep you informed.
    BTC: 1GRx2H5esyFTucZCt1eX9tjpoqfMrbVHMT

  • arniea
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    January 28, 2014, 07:54:36 PM
     #3035
    Quote from: Chancellor on January 28, 2014, 07:45:59 PM
    MtGox finally accepted my bank account. Pushed some PLN to my bank. We'll see. It is rather low amount (less than 0.2 BTC). Will keep you informed.

    if it's a SEPA Withdrawal, good luck!  Wink

  • Chancellor
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    January 28, 2014, 08:08:25 PM
     #3036
    Quote from: arniea on January 28, 2014, 07:54:36 PM
    Quote from: Chancellor on January 28, 2014, 07:45:59 PM
    MtGox finally accepted my bank account. Pushed some PLN to my bank. We'll see. It is rather low amount (less than 0.2 BTC). Will keep you informed.
    if it's a SEPA Withdrawal, good luck!  Wink
    Hard to say. People are reporting that all SEPA withdrawals are done through a Polish bank (BZWBK). I don't know how MtGox transfers fiat from Japan to BZWBK, but then they send SEPA transfers from there. In my case it would be simplier, as they can just transfer PLN between two Polish banks with a domestic Polish bank transfer. This is usually very fast (24 hours). Anyway I do expect delays, just want to verify this method of withdrawal.
    BTC: 1GRx2H5esyFTucZCt1eX9tjpoqfMrbVHMT

  • Nagle
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    January 28, 2014, 08:11:49 PM
     #3037
    Quote from: Chancellor on January 28, 2014, 07:45:59 PM
    MtGox finally accepted my bank account. Pushed some PLN to my bank. We'll see. It is rather low amount (less than 0.2 BTC). Will keep you informed.
    Is this a general pattern - a few small withdrawals go though, but not big ones? That's yet another indication that Mt. Gox is out of money.

  • mp420
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    January 28, 2014, 08:17:09 PM
     #3038
    Quote from: Taborresen on January 28, 2014, 06:49:08 PM


    I withdrew NOK on nov 19. Still nothing. I used international wire. Maybe it takes longer.

    Cancel your withdrawal and withdraw with SEPA. International wires are not being sent at all (besides those "emergency" wires with 5% extra charge). As far as I know, there are still SWIFT transfers from June that haven't been sent.

  • boumalo
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    January 28, 2014, 08:29:03 PM
     #3039
    I have been verified on Mtgox, I wonder if I should deposit any money on the website

  • Chancellor
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    January 28, 2014, 08:36:01 PM
     #3040
    Quote from: Nagle on January 28, 2014, 08:11:49 PM
    Quote from: Chancellor on January 28, 2014, 07:45:59 PM
    MtGox finally accepted my bank account. Pushed some PLN to my bank. We'll see. It is rather low amount (less than 0.2 BTC). Will keep you informed.
    Is this a general pattern - a few small withdrawals go though, but not big ones? That's yet another indication that Mt. Gox is out of money.
    Status update. It turned out that I cannot do a PLN withdrawal. The request has been rejected, with information that I have to withdraw in EUR. Then I had to buy bitcoins with PLN, sell them for EUR (FAQ says there is no other way to convert), of course paying the trade fee two times Undecided. Anyway I've put another withdrawal request, in EUR this time. It is worth noting however, that PLN withdrawal cancellation has been very fast as for MtGox, less than a hour Wink.

    Updated: Now the withdrawal is "confirmed". Then, farewell my money, see you in 6 weeks, I hope...  Grin
    BTC: 1GRx2H5esyFTucZCt1eX9tjpoqfMrbVHMT
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