Topic: bitfloor issues? - page 41. (Read 55562 times)

The account was frozen but folks can still ACH back to their personal bank accounts. Roman will have to find a new bank and a new fiat funding route; I think he only had CapitalOne360 Person2Person and cash deposit.
1) Check out CampBX, you can mail USPS money orders and they are credited within a day after being received. USPS money orders cost ~$1.35 and a first class stamp costs forty something cents.
2) If banks didn't do stuff like this, nobody would be interested in bitcoin. Don't let the banksters win  

Lol. Minor Miner is going to have a nice surprise when he reads the rest of the thread with the people who owned real businesses and were scammed by PayPal. Minor Miner needs to lurk a little more, PayPal is one of the most fraudulent money-transfer corporations in existence. Google "paypal fraud." They freeze accounts left and right for absolutely no reason - downright scamsters.
I remember reading about a woman who sold pantyhose and other womens-fashion-related items and was completely upfront about what she sold, was a "real business," registered, etc. After a year of flawless service they froze her funds and her account, citing "violation of TOS by selling sexual merchandise." I looked on her website, it was nothing sexual at all, simply what you'd see on a website that sells womens' clothes and accessories. It took her months to get her funds back, there were thousands of dollars tied up.
The internet is full of PayPal horror stories! Get your head out of your ass dude! "Real businesses" lol. You been schooled! Sent back to school! The school of "what banksters do in the real world to 'real businesses'"   a division of the "school of hard knocks"

I really like their UI. I hope they are able to find another bank and have the will to continue running an exchange.

Google apps is free bro, it's more secure then whatever bootleg server you're running in your bedroom.

99.9999% of the planet isn't running a mail server out of their basement. Your IP is not in the headers. You made it seem like it was. 99.9999% of the time it's not. So it's not worth mentioning.

Yes.  We prefer to control the hardware, security, and backup procedures ourselves.  A service agreement can't recover your data.

I should have clarified I didn't believe his IP was in the headers.  I just wanted to correct your statement that only the sender ip was in the headers.

That said, I will now hopefully make you smile so you can just drop the attacks and move on with your life.

fitty, you win the internet

*lol* On their home internet connection? Really? They run a domain, the mail server, from their home net connection. Funny how I don't know ANYONE who does that. I know people who have shared hosting, VPS, dedicated server doing that, but on their home net connection? Really?

He had a gmail address and it's clearly google's mail servers. I didn't have to assume, I knew it wasn't his IP.

No... it's just most people I know run their own mail servers.  As I said above.

ASS U ME

That's actually a good question.

It was said the e-mail would be sent out in small grouops so as not to completely disrupt the market @ bitfloor, but it seems like alot of people didn't get notified.

Did you have a USD balance? Maybe they only notified people with a USD balance, or maybe only if you have a BTC balance or something. Not sure, but I got the e-mail 8am.

i didn't get this email... why not?

Fucking. This.

PayPal is notorious for freezing funds without much explination and taking forever. They also have horrible customer service.

I've had them freeze funds of a legit business of mine for months on end.

Do not trust PayPal, its not a good company.

+1, I cannot agree strongly enough. I had horrible issues with Paypal. They froze my account for 6 months, reversed payments I had sent to suppliers and refunds to customers to the tune of $7000, and refused to repay these people even after the provided proof of shipments/services rendered. I had to repay them with Western Union, and since my capital was stuck in Paypal, that was not an easy task. I called their support, one person was extremely rude, saying "Our reasons are proprietary and confidential, this is a private company. We are simply telling you we no longer want you as a customer, which we have the right to do".  Another agent was nicer, but still unable to unfreeze the account or do anything useful.

They did, after 6 months, release the funds. But by then damage was done. Now I am part of the "love bitcoin" community lol! I guess Paypal is right, they can choose to not do business as they see fit. It's a free market. However, reversing refunds and payment to vendors and then freezing them is unacceptable. In fact they even froze & terminated one of my vendors accounts. I think "Our reasons are proprietary and confidential" is unacceptable given this tactics.

Screw paypal. (And Bitfloor's bank). Long live bitcoin!

They were the 4th largest USD exchange, by volume.  There are several smaller fish.

Wasn't the market depth of bitfloor rather tiny? A panic sounds hilariousss. I don't think the alt exchanges can cause or have panics .. since everything is focused on mt gox

Oh my.  I'm sorry, but you're mistaken.  It happens all the time.

From what I hear, it appears they staggered emails to prevent a panic. Now that is just hearsay, I don't know for sure.

However, on twitter I saw they promised to return funds, I think everyone will be fine.

isn't silicone valley bank open to working with bitcoins?

I put this in the noob forum but...

Why did only a few get the email? I guarantee if I had seen that message I would have been buying coins at any price. Of course the ones that got it ended up sticking some with fiat in there...

One might think... he might want to consider a smaller local bank or credit union where he can discuss his business needs and have a person who will actually listen and present a real solution. Hard to find thesedays.


I hope your right!

EDIT:
 
+1

Credit union FTW!!

Indefinitely doesn't mean permanently, so it's not confirmed yet. There are no grounds for saying "sad to see Bitfloor go" just yet.