Bitfloor trading suspended | Bitcointalksearch.org

FenixRD

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I am Citizenfive.

Quote from: joesmoe2012 on May 14, 2013, 03:56:20 PM

Quote from: flound1129 on April 29, 2013, 02:01:56 AM

Quote from: whereismymoney13 on April 29, 2013, 01:49:10 AM

Has anyone heard anything besides the 10 day ETA for them to receive a check for our money? I mean if they had their bank account closed, how do they expect to cash this "check"?

I think the idea is they will open a new account with the check.

And then hopefully resume operations. I still miss bit floor!

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joesmoe2012

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Ching-Chang;Ding-Dong

Quote from: flound1129 on April 29, 2013, 02:01:56 AM

Quote from: whereismymoney13 on April 29, 2013, 01:49:10 AM

Has anyone heard anything besides the 10 day ETA for them to receive a check for our money? I mean if they had their bank account closed, how do they expect to cash this "check"?

I think the idea is they will open a new account with the check.

And then hopefully resume operations. I still miss bit floor!

BitChick

legendary

Activity: 1148

Merit: 1001

I just saw this posted on the Bitfloor website:

Quote

2013.05.13

We have received the check and are working on a way to start returning funds. We do not yet have an ETA, but understand everyone is anxious to get their money back and we are trying to make that happen as quickly as possible.

I am hopeful. We have a little cash in there. Wish we would have held onto our BTC and just downloaded them instead of trying to trade them. Oh well. It would be nice if Bitfloor could come back, or someone could buy the trading platform. I really liked Bitfloor so much more than MtGox. It made daytrading actually worthwhile.

dscotese

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Activity: 444

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I prefer evolution to revolution.

Quote from: True___Blue on May 14, 2013, 06:58:27 AM

Is anyone else still waiting on funds?

Only fiat. I didn't have any bitcoins.

ProfMac

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Quote from: True___Blue on May 14, 2013, 06:58:27 AM

Is anyone else still waiting on funds?

I am.

My bitcoin transferred uneventfully.
My USD is has a payout requested. It showed processing a few days ago.

True___Blue

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Activity: 354

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Is anyone else still waiting on funds?

flound1129

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www.multipool.us

Quote from: whereismymoney13 on April 29, 2013, 01:49:10 AM

Has anyone heard anything besides the 10 day ETA for them to receive a check for our money? I mean if they had their bank account closed, how do they expect to cash this "check"?

I think the idea is they will open a new account with the check.

whereismymoney13

newbie

Activity: 24

Merit: 0

Has anyone heard anything besides the 10 day ETA for them to receive a check for our money? I mean if they had their bank account closed, how do they expect to cash this "check"?

Dr3AM$cAp3

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Activity: 80

Merit: 10

Quote from: ProfMac on April 21, 2013, 01:18:08 PM

Quote from: ramus313 on April 18, 2013, 08:03:30 AM

I have my funds in usd on my bitfloor account, I an undergoing the verification process, but that will probably take a week. Bitfloor have yet to respond to any of my emails that I sent them, hopefully I can get my money back, this was my first time dealing with them.

I worked support a few years ago. You might think through what would happen if everyone sends emails to them, how much delay does that cause.

new favorite smart ass. Haven't emailed em yet, wish everyone else would chill out.

flound1129

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www.multipool.us

Quote from: ProfMac on April 21, 2013, 01:18:08 PM

Quote from: ramus313 on April 18, 2013, 08:03:30 AM

I have my funds in usd on my bitfloor account, I an undergoing the verification process, but that will probably take a week. Bitfloor have yet to respond to any of my emails that I sent them, hopefully I can get my money back, this was my first time dealing with them.

I worked support a few years ago. You might think through what would happen if everyone sends emails to them, how much delay does that cause.

Roman responded to 2 of my emails, he's definitely answering them.

ProfMac

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Merit: 1001

Quote from: Viceroy on April 21, 2013, 01:16:14 PM

how dare you test something rather than blindly speculate... who the hell do you think you are?

Yeah, I even did the test before I put real money into Bitfloor. I guess I'll never fit in here.

ProfMac

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Activity: 1246

Merit: 1001

Quote from: ramus313 on April 18, 2013, 08:03:30 AM

I have my funds in usd on my bitfloor account, I an undergoing the verification process, but that will probably take a week. Bitfloor have yet to respond to any of my emails that I sent them, hopefully I can get my money back, this was my first time dealing with them.

I worked support a few years ago. You might think through what would happen if everyone sends emails to them, how much delay does that cause.

Viceroy

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Activity: 924

Merit: 501

how dare you test something rather than blindly speculate... who the hell do you think you are?

ProfMac

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Merit: 1001

Quote from: infested999 on April 17, 2013, 07:57:36 PM

Quote from: CalicoChris on April 17, 2013, 07:41:33 PM

Quote from: infested999 on April 17, 2013, 06:57:45 PM

... To withdraw USD you need to have a verified account and they are on backlog up to 3 days before they shut down. By the time everyone gets their money the money will be gone.

They should remove ID requirement and just send all the money through whatever means.

Good heavens ... what does it mean "they are on backlog up to 3 days"?

What they say is normal and common procedure:

ACH (direct deposit)

ACH withdraw is free and takes about 1-3 business days before the funds are available in your bank account. Before you can withdraw funds via ACH you must fill out the form below with the required information. A member of our support staff will review your request and respond once ACH is setup.

There is no backlog and there is no 3 days 'before they shut down'.

Just send all the money through whatever means? What would 'whatever means' be? Paypal? I don't think so.

Bitfloor has been an honest and realistic service in the market for me. They are doing their best to get things back to the owners. Let's just get our facts straight here please.

The price is always $5 to $10 higher on Bitfloor than on other exchanges, that's because it's the easiest exchange to put money on to and the hardest to get money out of. They are the only exchange that has instant local cash deposits but withdrawing money requires government ID.

Why can't they send everyone a USPS money order of their funds?

Have you ever received USD from an exchange without providing identity documents?

ProfMac

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Merit: 1001

Quote from: infested999 on April 17, 2013, 06:24:30 PM

Quote

BitFloor is ceasing all trading operations and returning client funds. Please see https://bitfloor.com for details.

Everyone who has USD in their account is fucked. THe only withdraw option is direct bank deposit which will never work.

I tested it: I received payment from Bitfloor via ACH a few weeks ago.

Now we return you to our usual program of FUD and paranoia.

Viceroy

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Help! We need a new exchange!

https://bitcointalksearch.org/topic/the-next-mt-gox-mtgox-20-179147
(Please contribute meaningfully)

Abdussamad

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So Bitcoin-24 goes down and now bitfloor too.

Rishodi

member

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Merit: 10

The USD I withdrew from Bitfloor yesterday morning has appeared in my bank account. Total turnaround time was less than 24 hours, but I was already verified and I requested the withdrawal a few hours before trading halted.

ramus313

newbie

Activity: 14

Merit: 0

I have my funds in usd on my bitfloor account, I an undergoing the verification process, but that will probably take a week. Bitfloor have yet to respond to any of my emails that I sent them, hopefully I can get my money back, this was my first time dealing with them.

ezetortuga

newbie

Activity: 11

Merit: 0

I just got my bitcoins back from BitFloor. Took about an hour. No problem. They are honest.

Topic: Bitfloor trading suspended (Read 9118 times)