Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
Rampion
on 20/08/2013, 11:14:08 UTC
I don't understand what the spread in prices means when MtGox site goes back live. Lots of people are selling thousands and millions of dollars of bitcoin on mtgox because it is priced higher than it should be.

Why would someone buy bitcoin so high?

this is ridiculous.

People with money on Gox are in panic, because USD withdrawals have become very slow or impossibly. Don't try to understand a panic. Deal with it.   Wink

USD withdraws?

Everything but JPY withdraws are slowed to nearly a halt. There's less than a dozen reports a WEEK of people receiving SEPA/SWIFT transfers on this forum - they aren't happening.

Well, check early June - people were complaining of huge delays in SEPA, but nevertheless this is my Withdraw history:

WITHDRAW 1: requested June 3th, received on June 6th
WITHDRAW 2: requested June 4th, received on June 6th
WITHDRAW 3: requested June 9th, received on June 11th

So, what about that? SEPA withdrawals clearing in 2/3 days, while this forum was already full of whiners about how delayed were SEPA their transfers. We can dig out posts to see how in that precise days people was saying they were waiting their 500€ since April or so at the same time I requested my withdrawals (I remember perfectly because I was nervous, I needed the money fast and I was ready to take a loan as I thought that I was going to have to wait 3 weeks or more - I was very happily surprised by how fast those came trough). I can also tell you that I'm certainly no whale, but I don't have peanuts in there neither. Those 3 withdrawals combine were something like in the mid 5 figures range. This makes me think I'm not the only one that received good service from Gox, but obviously people with problems is much louder than people that has no issues.