Topic: Angry threat from BitStamp. Put myself in danger or they'll steel my money. (Read 13630 times)
March 19, 2015, 03:55:06 PM
Am happy I do not use their services. I was lucky enough to register but never do anything on the account after reading so much horror stories like this past and present. A lot of exchanges are going this way iver validate account ort forfeit and be suspended until account is confirmed. I only trade on sites now days that do not require documents only unless am dealing with fiat money an not crypto.
March 16, 2015, 05:58:09 PM
I had to go threw the same thing wot makes u different than the rest of us for all i know u could be isis
stop moaning and get ur shit together yeth verification is a fucking nightmare but everyone hath to do it so shut up and get on with it
stop moaning and get ur shit together yeth verification is a fucking nightmare but everyone hath to do it so shut up and get on with it
February 10, 2015, 04:34:14 PM
So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
I guess alan2here is mad cause they changed rules, not let him know and now they even dont allow him to withdraw funds. I agree with alan, that is thievery and scam like. Even Banks dont act like that.
I've heard of banks changing their rules, not letting bitcoiners know, and then not allowing them to withdraw funds.
I thinks banks are legally required to inform their users of any such thins. Atleast I do get emails from my bank if any changes in rules happen.
February 09, 2015, 05:20:55 PM
So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
I guess alan2here is mad cause they changed rules, not let him know and now they even dont allow him to withdraw funds. I agree with alan, that is thievery and scam like. Even Banks dont act like that.
I've heard of banks changing their rules, not letting bitcoiners know, and then not allowing them to withdraw funds.
Big world, absolutely possiblle somewhere in 3rd world but in Western democraties you would most possibly sue that bank and win. Anyway, that is one of reasons we have Bitcoin now so not any gov/banker bump can take your money. I know if you dont own keys you own shiat, but anyway we should make better system than govs and banks or we lose one of reasons we have Bitcoin in first place.
You're right, the US is a third world country and not a Western democracy.
Or maybe ppl dont read all small letters in their contract in USA, idk. Anyway, even if in USA banks dont have to honour their contracts, we should build better system, right?
February 09, 2015, 04:45:15 PM
So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
I guess alan2here is mad cause they changed rules, not let him know and now they even dont allow him to withdraw funds. I agree with alan, that is thievery and scam like. Even Banks dont act like that.
I've heard of banks changing their rules, not letting bitcoiners know, and then not allowing them to withdraw funds.
Big world, absolutely possiblle somewhere in 3rd world but in Western democraties you would most possibly sue that bank and win. Anyway, that is one of reasons we have Bitcoin now so not any gov/banker bump can take your money. I know if you dont own keys you own shiat, but anyway we should make better system than govs and banks or we lose one of reasons we have Bitcoin in first place.
You're right, the US is a third world country and not a Western democracy.
February 09, 2015, 04:27:57 PM
So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
I guess alan2here is mad cause they changed rules, not let him know and now they even dont allow him to withdraw funds. I agree with alan, that is thievery and scam like. Even Banks dont act like that.
I've heard of banks changing their rules, not letting bitcoiners know, and then not allowing them to withdraw funds.
Big world, absolutely possiblle somewhere in 3rd world but in Western democraties you would most possibly sue that bank and win. Anyway, that is one of reasons we have Bitcoin now so not any gov/banker bump can take your money. I know if you dont own keys you own shiat, but anyway we should make better system than govs and banks or we lose one of reasons we have Bitcoin in first place.
February 09, 2015, 03:55:15 PM
So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
I guess alan2here is mad cause they changed rules, not let him know and now they even dont allow him to withdraw funds. I agree with alan, that is thievery and scam like. Even Banks dont act like that.
I've heard of banks changing their rules, not letting bitcoiners know, and then not allowing them to withdraw funds.
February 09, 2015, 10:09:23 AM
So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
I guess alan2here is mad cause they changed rules, not let him know and now they even dont allow him to withdraw funds. I agree with alan, that is thievery and scam like. Even Banks dont act like that.
January 17, 2015, 11:44:27 AM
This is absolutely observed, don't let them push you around. You have rights to!
January 16, 2015, 05:36:19 PM
www.zdnet.com/article/bitstamp-exchange-reopens-doors-after-5m-hack/
Every exchange has a series of huge thefts before they go bust, I'd like an apology from all those suggesting that BitStamp would be magically different.
So do they have enough BTC now to allow a run on the exchange, who knows.
Oh dear your identity has been stolen too, maybe, who knows, who cares, certainly not BitStamp.
Every exchange has a series of huge thefts before they go bust, I'd like an apology from all those suggesting that BitStamp would be magically different.
So do they have enough BTC now to allow a run on the exchange, who knows.
Oh dear your identity has been stolen too, maybe, who knows, who cares, certainly not BitStamp.
October 27, 2014, 02:17:16 PM
I don't know why people think this a problem witn the exchanges. If you don't like KYC/AML laws then you need to tell this to your government, not the exchanges. They do not make the rules and they are not going to violate the law so you can keep you 0.5BTC secret.
True , but if they allow you to deposit without verification then they have to let you withdraw in a reasonable amount of time as well if the rules change.Did Bitstamp have those terms the instant it opened for business? Did Bitstamp have those terms the instant the OP signed up?
Also the message in the OP says that the OP was warned multiple times about this happening yet the OP still continued to keep funds at bitstamp
Legally, not ethically moot.
The message in the OP says "I have not been able to withdraw my funds for some time before this notice."
So they changed the terms with no notice to lock up his funds. Legal, NOT ethical.
October 27, 2014, 06:20:22 AM
I don't know why people think this a problem witn the exchanges. If you don't like KYC/AML laws then you need to tell this to your government, not the exchanges. They do not make the rules and they are not going to violate the law so you can keep you 0.5BTC secret.
True , but if they allow you to deposit without verification then they have to let you withdraw in a reasonable amount of time as well if the rules change.Did Bitstamp have those terms the instant it opened for business? Did Bitstamp have those terms the instant the OP signed up?
Also the message in the OP says that the OP was warned multiple times about this happening yet the OP still continued to keep funds at bitstamp
October 26, 2014, 08:26:07 PM
So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
October 26, 2014, 04:24:55 AM
Gox - Customer Data, Funds, Code
https://bitcointalksearch.org/topic/mtgox-database-leaked-508762
http://www.reddit.com/r/Bitcoin/comments/2081as/analysis_of_the_leaked_mtgox_database/
http://techcrunch.com/2014/03/03/mt-gox-source-code-leaked-by-hackers-along-with-team-information-customer-data/
Coinbase - Customer Data
http://www.reddit.com/r/Bitcoin/comments/21wx59/coinbase_emails_and_names_leaked/
http://arstechnica.com/tech-policy/2013/04/bitcoin-wallet-service-coinbase-faces-phishing-attacks-after-data-leak/
Bitcoinica - Funds
https://en.bitcoin.it/wiki/Bitcoinica
BitScalper - Customer Passwords
https://bitcointalksearch.org/topic/bitscalper-passwords-have-been-leaked-63659
More minor leaks
http://www.reddit.com/r/Bitcoin/comments/2hrg8h/bitfinex_privacy_leak_other_users_account/
There are more I cannot find links for, I've also not included the internal thefts in other exchanges, the Russian BTC forum leak, the US gov BTC related auction leak etc... And I don't know what was carefully sold instead of leaked to everyone.
Not my life that is in danger, just at a few dozen hours of it.
If it looks like you, let's say defrauded hundreds of pensioners, because your leaked legal documents were used in the frauds, can you be sure those peoples families won't react badly?
Can you imagine if you had to keep changing supermarkets like this, Asda, Tesco, Liddle, etc... With all Thease sorts of things happening to each.
Can you imagine me believing that "this time, the 6th time, it's different"?
Someone here has such a low opinion of banks, they think there is a similar level of safety.
And because it's apparently so easy to forget I seemingly need it in every post. I don't care about conventional privacy concerns, they can make publicly available all sorts of information about me as much as they like, but not legal documents.
https://bitcointalksearch.org/topic/mtgox-database-leaked-508762
http://www.reddit.com/r/Bitcoin/comments/2081as/analysis_of_the_leaked_mtgox_database/
http://techcrunch.com/2014/03/03/mt-gox-source-code-leaked-by-hackers-along-with-team-information-customer-data/
Coinbase - Customer Data
http://www.reddit.com/r/Bitcoin/comments/21wx59/coinbase_emails_and_names_leaked/
http://arstechnica.com/tech-policy/2013/04/bitcoin-wallet-service-coinbase-faces-phishing-attacks-after-data-leak/
Bitcoinica - Funds
https://en.bitcoin.it/wiki/Bitcoinica
BitScalper - Customer Passwords
https://bitcointalksearch.org/topic/bitscalper-passwords-have-been-leaked-63659
More minor leaks
http://www.reddit.com/r/Bitcoin/comments/2hrg8h/bitfinex_privacy_leak_other_users_account/
There are more I cannot find links for, I've also not included the internal thefts in other exchanges, the Russian BTC forum leak, the US gov BTC related auction leak etc... And I don't know what was carefully sold instead of leaked to everyone.
Not my life that is in danger, just at a few dozen hours of it.
If it looks like you, let's say defrauded hundreds of pensioners, because your leaked legal documents were used in the frauds, can you be sure those peoples families won't react badly?
Can you imagine if you had to keep changing supermarkets like this, Asda, Tesco, Liddle, etc... With all Thease sorts of things happening to each.
Can you imagine me believing that "this time, the 6th time, it's different"?
Someone here has such a low opinion of banks, they think there is a similar level of safety.
And because it's apparently so easy to forget I seemingly need it in every post. I don't care about conventional privacy concerns, they can make publicly available all sorts of information about me as much as they like, but not legal documents.
October 25, 2014, 02:49:37 PM
I don't know why people think this a problem witn the exchanges. If you don't like KYC/AML laws then you need to tell this to your government, not the exchanges. They do not make the rules and they are not going to violate the law so you can keep you 0.5BTC secret.
True , but if they allow you to deposit without verification then they have to let you withdraw in a reasonable amount of time as well if the rules change.Did Bitstamp have those terms the instant it opened for business? Did Bitstamp have those terms the instant the OP signed up?
October 25, 2014, 01:22:03 PM
I don't know why people think this a problem witn the exchanges. If you don't like KYC/AML laws then you need to tell this to your government, not the exchanges. They do not make the rules and they are not going to violate the law so you can keep you 0.5BTC secret.
True , but if they allow you to deposit without verification then they have to let you withdraw in a reasonable amount of time as well if the rules change.The exchange accepts your funds under the assumption that you will submit these documents (as you agreed to do so) in order for you to be able to trade on their marketplace.
I would say it would be a very different issue if the OP had sent KYC/AML documents to bitstamp and for whatever reason they were rejected.
I think you are correct from a moral standpoint, however from a legal standpoint it is much less clear.
October 25, 2014, 06:38:19 AM
It sucks that they don't allow you access to your funds after suspending account activity just because the account isn't verified, but the process on Bitstamp is actually very easy, compared with other non-Bitcoin related services that I had to get verified for. There is nothing wrong with getting verified, withdrawing your funds and then closing your account to take your business elsewhere. And I doubt getting yourself verified on Bitstamp would put your life in danger. Seems rather paranoid. :/
October 21, 2014, 08:39:03 AM
I don't know why people think this a problem witn the exchanges. If you don't like KYC/AML laws then you need to tell this to your government, not the exchanges. They do not make the rules and they are not going to violate the law so you can keep you 0.5BTC secret.
True , but if they allow you to deposit without verification then they have to let you withdraw in a reasonable amount of time as well if the rules change. 
October 20, 2014, 11:18:25 PM
It's unfortunate, but the OP basically agreed to whatever BitStamp wants when he relinquished control of his money to them.
Now he is in a position where he has to either agree with their demands or fight them in an attempt to regain control of his money.
I find it shocking how many people, when presented with money that gives the user total control, are so willing to give that up for whatever reason.
The time to worry about this was before sending them money.
Now he is in a position where he has to either agree with their demands or fight them in an attempt to regain control of his money.
I find it shocking how many people, when presented with money that gives the user total control, are so willing to give that up for whatever reason.
The time to worry about this was before sending them money.
Correct answer.^^
By now I would think everyone posting on this forum should understand exchanges can't be trusted. Now if you're a beginning user lured to an exchange website by an advert or something that's different.
October 20, 2014, 12:06:28 PM
I don't know why people think this a problem witn the exchanges. If you don't like KYC/AML laws then you need to tell this to your government, not the exchanges. They do not make the rules and they are not going to violate the law so you can keep you 0.5BTC secret.
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