Post
Topic
Board Bitcoin Discussion
Re: [ANN] Mt.Gox Withdrawal Clarification
by
notme
on 12/06/2012, 05:43:58 UTC
Why are wire transfers affected?
Because:
along with 5% of US Dollar wire transfers which is an unfortunate flow-on effect.

would be good to know to/from which banks specifically
Agreed.

That doesn't help... wtf is a "flow-on effect"?

Because Dwolla withdrawals are delayed, a number of our users have cancelled their Dwolla withdrawals and are performing wire transfers. This has increased the number of wire transfers being sent out, slowing down some wire transfers in America slightly. No particular banks are affected, it simply depends on the number of withdrawals in the queue and a number of other factors like withdrawal limits for a given Mt.Gox owned account, and so on.

Thank you for the clarification.