Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
jack0m
on 18/02/2014, 14:37:06 UTC

Also has anybody used the http://skanner.net/MtGox/cwithdrawal.php to cancel withdrawal? I wouldnt really trust the site to give away my credentials.

I had used them. You only need to create an API key with "deposit" and "getinfo" access rights, therefore there is no chance you're going to lose any funds etc. Just follow their step-by-step guide how to create the key. You are not giving them any credentials this way.

Cancelling is immediate. Then you can (and should) delete the API key you created previously. Easy as a pie.

Whave, I tried to cancel the request. I followed the steps mentioned on the skanner site. But then the amount of the withdrawal to be credit back to my acount was minus the fee ( 1%). Does it mean that Mtgox will charge me for the fee anyway? Is there a way to get back the fee?

that's odd. They didn't charge me any fee. Did you double check on your account history? You should have two entries for Withdraw/Deposit by the exact same amount

So you want to buy cheap BTC, I understand that part. But, are you not worried not being able to withdraw anything? Can I ask, what is your strategy?

are you seriously interested in my strategy? You do realize I'm just a newbie here, hence not in the position to give any advice to expert people.
I'm just trying to maximize the probability to get back what I put (my big mistake) into Gox, according to currently available information. And it seems quite clear that fiat withdrawal are more likely to succeed if they are split into smaller amounts... but then comes into play the infamous 20 days rule, so it's always a trade-off.
As soon as I canceled the biggest withdrawal for 10k€, the first one for 1k€ changed its status to pending. Then I submitted a new withdrawal for a lower amount and yes, I also bought a few of those cheap btc, just to leave all options open...

Well I am just curious to hear different opinions. As I am in a very similar position as you and I want to think properly what options I have and the risk for each option.
holy sh*t... I'm actually reconsidering the whole idea, as I just learned our fascist government is going to apply a 20% tax for incoming wire transfers from foreign accounts  Angry
that's not but a fiscal robbery, probably the kind of thing they invented BTCs for