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Topic: bitfloor issues? - page 43. (Read 55577 times)

sr. member
Activity: 303
Merit: 250
April 17, 2013, 05:52:00 PM
#53
Aw, damn. I still have USD in there. No email or anything. I even logged in earlier today. Now I have to register for ACH for a company whose bank account is closing?
full member
Activity: 280
Merit: 102
April 17, 2013, 05:48:56 PM
#52
WTF? Just saw this so immediately converted my USD to BTC, now I can't withdraw.

Was finally able to withdraw.
sr. member
Activity: 434
Merit: 250
April 17, 2013, 05:45:02 PM
#51
Real businesses do not get their bank accounts shut down.

Exactly.

And real businesses don't get their Paypal account frozen.

And real businesses don't get chargebacks.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
April 17, 2013, 05:35:21 PM
#50
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
April 17, 2013, 05:33:01 PM
#49
This is too bad =/ I was hoping bitfloor would continue to grow, they seemed to be doing pretty well and was definitely one of the smoother exchanges to trade on IMO.

Obviously this is disregarding the unfortunate coin loss. I will say that Roman had been making loss repayments and all signs pointed towards him continuing to do so. Hopefully they can get everything in order...

I agree. Disappointing. I really liked trading there.


^^ This! My experience at bitfloor has been great except for a delay on a cash deposit..


I think localtill / bofa is bitfloors problem... i could be mistaken but.. i think it was the landslide of localtill issues that brought this on.. especially during the panics.

Glad my spiddy sense's got me to withdraw the few thousand i had in there as well as my coins ..


Give localtill and bofa the shaft roman! Do like us lil guys ! Credit union???

Hope everyone gets their cash out.. who else didnt receive an email!?
EDIT// just read the mail sent in groups.. still i must be part of the group who didnt receive an email..



Someone mentioned the ca exchange ill have to look.. if not----->  son of a *****, here i come gox!



legendary
Activity: 2506
Merit: 1010
April 17, 2013, 05:30:06 PM
#48
It's dead, Jim.

Related threads:

bitfloor needs your help!
 - https://bitcointalksearch.org/topic/m.1868333

Bitfloor Shutting Down?
 - https://bitcointalksearch.org/topic/bitfloor-shutting-down-179152

Bitflloor: " Trading will be suspended at 6 PM EST on 2013.04.17."
 - https://bitcointalksearch.org/topic/bitflloor-trading-will-be-suspended-at-6-pm-est-on-20130417-179168

Bitfloor trading suspended
 - https://bitcointalksearch.org/topic/bitfloor-trading-suspended-179198
sr. member
Activity: 448
Merit: 250
April 17, 2013, 05:29:32 PM
#47
Ok, seems like Roman handled this nicely.

Re: The people complaining that it should have been sent to everybody at once, or that what if someone "missed" the email" -
It specifically says in the email in OP's post that the email was being sent to groups of members, staggered, to prevent panic. So, all members ARE receiving the email, just not at the same time.

And it's impossible to "miss" the email or notification - it's not like we have 5 minutes to withdraw all our USD and BTC or it will be stolen. We can take our sweet old time if we like.

Re: The person offering to buy bitfloor debt - In case you didn't realize, the person was referring to debt owed to him by Bitfloor for the large amount that was stolen from user's wallets in the 2012 Bitfloor hack. So you would be buying a debt from an exchange that is relying on future income to repay that debt.

Re: Lucif not sure whether to buy or sell on this,  Wink don't worry, bitfloor is such a small-volume operation it won't have an affect on the other exchanges the way MtGox does. And as someone else mentioned, banks randomly freezing accounts only reduces demand for fiat.

We should consider OTC if exchanges seem too unreliable. Unless you're day-trading or trying to get in short-term at the perfect price, OTC is a good bet.

Also, there are exchanges popping up left and right; and there are even other options to fund at other exchanges via cash deposit at a bank (many Bitfloor users liked this feature.) Just look around. This isn't the end of the world for Bitfloor users.

All this being said, I'm sure Roman will sort this out and get Bitfloor up and running again. Having your bank account suddenly shut down is kind of a whack in the balls so he's doing the right thing by halting trading.

The funny thing is trading halted right at $100.00.  Grin Grin Grin
legendary
Activity: 1792
Merit: 1047
April 17, 2013, 05:18:33 PM
#46
For my friends that didn't go through the mtgox process, I recommended this as the best way to get funds into the system. I still have a bit of $ in there too since I didn't get notified about this until it was too late. I hope I still get that $ back someday. Sad

Another way is cavirtex.com even if you are not a Canadian.
full member
Activity: 165
Merit: 102
Live life on purpose
April 17, 2013, 05:15:29 PM
#45
For my friends that didn't go through the mtgox process, I recommended this as the best way to get funds into the system. I still have a bit of $ in there too since I didn't get notified about this until it was too late. I hope I still get that $ back someday. Sad
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
April 17, 2013, 05:03:40 PM
#44
Really? I converted a few hours ago with no problem.

Gonna miss this exchange.
full member
Activity: 280
Merit: 102
April 17, 2013, 05:02:47 PM
#43
WTF? Just saw this so immediately converted my USD to BTC, now I can't withdraw.
hero member
Activity: 518
Merit: 500
April 17, 2013, 05:02:42 PM
#42
Closed for business at 100
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
April 17, 2013, 04:56:35 PM
#41
If anybody wants to "sell bitfloor debt" feel free to PM me, I will happily buy your BTC from you @ bitfloor.

full member
Activity: 233
Merit: 101
April 17, 2013, 04:54:32 PM
#40
This is too bad =/ I was hoping bitfloor would continue to grow, they seemed to be doing pretty well and was definitely one of the smoother exchanges to trade on IMO.

Obviously this is disregarding the unfortunate coin loss. I will say that Roman had been making loss repayments and all signs pointed towards him continuing to do so. Hopefully they can get everything in order...

I agree. Disappointing. I really liked trading there.
full member
Activity: 210
Merit: 100
April 17, 2013, 04:53:00 PM
#39
anyone have problems withdrawing?

No problem withdrawing BTC. USD ACH is stuck in limbo. Half came through, half did not. Both transfers were initiated a day ago about 5 minutes apart.
legendary
Activity: 1400
Merit: 1005
April 17, 2013, 04:52:53 PM
#38
Ok then...

Looking to sell 11.65335915 BTC of Bitfloor debt for 2 BTC, contact me if interested.  Or send me an offer.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
April 17, 2013, 04:50:14 PM
#37
Well, anyway... it appears to be orderly and not out of control.

It'll be interesting to see what they post here.  One assumes they will.

I've had this happen with an American business account. Risk management sends you a letter saying they are shutting down the account in 7 days. There's no disputing it, there's no appeal, it's going to be closed. Risk Management simply decides they don't like something about your transaction history and that's that. I'm not sure it's related to Bitcoins, they're probably leaving very little money in that account (probably a good idea) and just keeping enough to send out ACH withdrawals to traders. But when it's 99% of the money coming in is going right back out and it starts adding up to being millions in/out unless you have a huge chunk of money sitting there to cover any issues, banks are not going to be terribly comfortable.

If it was related to Bitcoin (under a BS excuse of money laundering) the account would be frozen. It doesn't sound like it's frozen, it sounds like the bank is saying we don't want your business GTFO.
legendary
Activity: 1064
Merit: 1001
April 17, 2013, 04:50:04 PM
#36
Do the same on Mtgox.

If nobody can withdraw usd anymore, they'll buy btc resulting in the wackiest, most powerful rally ever. Better take serious riding lessons for that.
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
April 17, 2013, 04:48:42 PM
#35
Son of *****,

I liked bitfloor! I had an issue with them and localtill and cash deposit taking 12hours the first time i used them but support from bitfloor has been fast and i was just starting to feel comfortable.. I dunno why but i had this odd feeling the other night after reading a few goxxed articles and i was telling myself .. lets take a break from the charts... so i moved my quick trade coins to an online wallet and pulled out a few racks via direct deposit.

 Then cheap coins started coming out of the wood works... fek! The charts are like a goddam TV show i cant stop watching and moving my fiat back to the banks was a means of cooling myslef off.. lolz



So after my 3-4 day break last night i was telling myself .. ok back to the grind!! Ive missed to many cheap coins..


Only to find this s***..   fek!  I didnt get this email by the way..



Is there any place we can leave a dozen coins and a few racks and feel comfortable sleeping? Giving up 4% to localtill to move fiat to the floor sucks! Banks wires take half a week ..  


So ya cant do sh** on a whim..


I had just recently got verified by gox but man .. i dunno how i feel about them right now.. lolz..
may give them a shot but the local census around here isnt too good..


Is there anywhere that is issue free!! I hope bitfloor works this out.. i had planned on making it home. Maybe i am foolish and need to rethink quick access to cash and coins on the exchanges!


I wish em luck and hope they work this out.. i wonder why all bitfloor people didnt get an email.. i didnt get one.. maybe its because i cleared out a few days ago like i said.! I hope!!!!

(it should have been a system wide email to everybody!  What happens if you were on vacation or just missed the email)
















hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
April 17, 2013, 04:47:57 PM
#34
So far I don't think any money has been lost.

I was able to trade all my USD into BTC, then withdraw all my BTC.

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