Author

Topic: Bitstamp is goxing? (Read 4991 times)

legendary
Activity: 4690
Merit: 1276
October 28, 2013, 11:44:43 AM
#57
Bitstamp works fine with me. If you are afraid to send them your identity card because you think that they will use your identity for fraud, that is also how they think of you. They don't want bitcoiners to use bitstamp.net as a way to wash dirty money.

If they want customers who are simpletons and will trust them without question then there may be a reason for that.

The first thing I do when looking at an outfit is to do a whois to see if they are cloaked then check the 'about us' part of their website to see if they use an apparent foreign shell company and if anyone will use their real name.  Bitstamp seems to come up short on both these tests.

We say: "What's good for the goose is good for the gander."

---

I expected to have to give Coinbase my identity docs, but felt a bit better about doing so since the principles have used their real names.  As it happens, I can buy and sell BTC without even giving up such docs.  Better yet, I get a uniformly better price for BTC sales on Coinbase than I would at Bitstamp, and it's vastly more simple, fast, and convenient.  If they had been more clear about their capabilities, I'd have become a customer much sooner.

zby
legendary
Activity: 1592
Merit: 1001
October 28, 2013, 11:13:01 AM
#56
Someone really should start an exchange with an n log n matching algorithm instead of the amateur n^2 (or maybe even bigger in the case of MtGox) that is probably killing both MtGox and Bitstamp on heavy days.
sr. member
Activity: 350
Merit: 250
October 28, 2013, 09:19:17 AM
#55
Bitstamp works fine with me. If you are afraid to send them your identity card because you think that they will use your identity for fraud, that is also how they think of you. They don't want bitcoiners to use bitstamp.net as a way to wash dirty money.
hero member
Activity: 728
Merit: 500
sr. member
Activity: 294
Merit: 250
October 27, 2013, 05:02:29 AM
#53
Having problems again? ??
hero member
Activity: 980
Merit: 500
FREE $50 BONUS - STAKE - [click signature]
October 25, 2013, 03:32:44 PM
#52
Looks like Bitstamp is overloaded again. Let's hope the BTCChina will work today - otherwise I suspect a delays and uncertainty induced crash like in April.

It's not ddosed completely, it works, albeit very slow
but manageable.
zby
legendary
Activity: 1592
Merit: 1001
October 25, 2013, 12:53:15 AM
#51
Looks like Bitstamp is overloaded again. Let's hope the BTCChina will work today - otherwise I suspect a delays and uncertainty induced crash like in April.
hero member
Activity: 826
Merit: 508
October 21, 2013, 01:04:28 PM
#50
We kindly ask users who are unable to verify their account but have a balance with Bitstamp to please submit a support ticket here: https://www.bitstamp.net/support/ where you will be given further instructions for the resolution of your case.

100% bullshit.  I submitted FIVE TICKETS all 24 hours apart and EVERY SINGLE ONE was answered with a cut-and-paste reply telling me to send you identity-theft-enabling documents.  Finally I had to hack your API to get my coins back.

The "further instructions" are a hoax.

You people are thieves.  Get lost.


Wow, glad that some people were able to get around it this way. How is Bitstamp going about dealing with people who can't verify?
sr. member
Activity: 430
Merit: 250
October 21, 2013, 12:14:29 PM
#49
We kindly ask users who are unable to verify their account but have a balance with Bitstamp to please submit a support ticket here: https://www.bitstamp.net/support/ where you will be given further instructions for the resolution of your case.

100% bullshit.  I submitted FIVE TICKETS all 24 hours apart and EVERY SINGLE ONE was answered with a cut-and-paste reply telling me to send you identity-theft-enabling documents.  Finally I had to hack your API to get my coins back.

The "further instructions" are a hoax.

You people are thieves.  Get lost.


Being unable and being unwilling to verify are two very different things.

I'd love to see you run an exchange the way you expect them to run it and see how long it takes before you end up in prison. Please, just do it!
donator
Activity: 980
Merit: 1004
felonious vagrancy, personified
October 21, 2013, 10:41:38 AM
#48
We kindly ask users who are unable to verify their account but have a balance with Bitstamp to please submit a support ticket here: https://www.bitstamp.net/support/ where you will be given further instructions for the resolution of your case.

100% bullshit.  I submitted FIVE TICKETS all 24 hours apart and EVERY SINGLE ONE was answered with a cut-and-paste reply telling me to send you identity-theft-enabling documents.  Finally I had to hack your API to get my coins back.

The "further instructions" are a hoax.

You people are thieves.  Get lost.
donator
Activity: 980
Merit: 1004
felonious vagrancy, personified
October 21, 2013, 10:41:09 AM
#47
If you're doing everything legally you have nothing to worry about.

… except identity theft.
zby
legendary
Activity: 1592
Merit: 1001
October 20, 2013, 02:56:34 AM
#46
whew, i thought this thread was going to be about bitstamp not paying out.

In the MtGox case that happened long time after 'goxing'.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
October 19, 2013, 10:00:54 PM
#45
whew, i thought this thread was going to be about bitstamp not paying out.
hero member
Activity: 672
Merit: 500
October 18, 2013, 02:56:11 PM
#44
How are they goxing?
USD withdrawals processed and arrived within 3 business days, can't even get it processed by MtGox after waiting for 3 months.
Bitcoins withdrawals processed almost instantly, can't even get MtGox broadcast it on blockchain after waiting for 5 hours.

Agreed, totally different situations.  They're just complying with AML/KYC/BSA.  If you're doing everything legally you have nothing to worry about.
legendary
Activity: 1078
Merit: 1003
October 17, 2013, 07:45:00 AM
#43
We kindly ask users who are unable to verify their account but have a balance with Bitstamp to please submit a support ticket here: https://www.bitstamp.net/support/ where you will be given further instructions for the resolution of your case.
legendary
Activity: 4690
Merit: 1276
October 12, 2013, 03:19:48 PM
#42
Just for the record, slovenia is central europe (and is in fact a lot more west than other central europe countries), not eastern europe, since you've made that mistake at least twice now already.

http://en.wikipedia.org/wiki/Slovenia#cite_note-22

Quote
^ Slovenia's placement within the regional classification schemes for Europe is controversial.[12] It is most often placed in Central Europe but sometimes in Southeastern Europe.[12] Examples include the United Nations Statistics Division (Southern Europe),[13] The World Factbook (Central Europe),[14] Encarta ("south central Europe")[15] and Peter J. Katzenstein ("no way to decide"),[16]

Looks like I was incorrect either way, and again, I apologize.  I meant to indicate that although I am sensitive to sending my identity documents to anyone, sending them to an unknown individual in any of the countries in that region would make me extra nervous.  That because it seems like an excessive amount of computer fraud and theft originates from that region.  Rightly or wrongly that is my impression.

The most memorable thing I recall about Slovenia is that I had a classmate from around that area when I was in college and she was especially attractive.

legendary
Activity: 3472
Merit: 1722
October 12, 2013, 02:56:51 PM
#41
Just for the record, slovenia is central europe (and is in fact a lot more west than other central europe countries), not eastern europe, since you've made that mistake at least twice now already.

http://en.wikipedia.org/wiki/Slovenia#cite_note-22

Quote
^ Slovenia's placement within the regional classification schemes for Europe is controversial.[12] It is most often placed in Central Europe but sometimes in Southeastern Europe.[12] Examples include the United Nations Statistics Division (Southern Europe),[13] The World Factbook (Central Europe),[14] Encarta ("south central Europe")[15] and Peter J. Katzenstein ("no way to decide"),[16]
hero member
Activity: 980
Merit: 500
FREE $50 BONUS - STAKE - [click signature]
October 12, 2013, 01:44:17 PM
#40
How are they goxing?
USD withdrawals processed and arrived within 3 business days, can't even get it processed by MtGox after waiting for 3 months.
Bitcoins withdrawals processed almost instantly, can't even get MtGox broadcast it on blockchain after waiting for 5 hours.
Show me an anonymous way to convert to fiat without bank transfer commissions, as I do have the need to pay my bills time to time.
Bitcurex with BCC VISA card?  I have been using Bitcurex for years.  They never asked for any papers.  You can trade directly in EUR as well.  No currency conversion fee.

Never heard of it, will look into. Although if they are a growing exchange they may and in a same way as stamp and gox. It's a big european union country after all.
legendary
Activity: 1437
Merit: 1002
https://bitmynt.no
October 12, 2013, 01:38:20 PM
#39
How are they goxing?
USD withdrawals processed and arrived within 3 business days, can't even get it processed by MtGox after waiting for 3 months.
Bitcoins withdrawals processed almost instantly, can't even get MtGox broadcast it on blockchain after waiting for 5 hours.
Show me an anonymous way to convert to fiat without bank transfer commissions, as I do have the need to pay my bills time to time.
Bitcurex with BCC VISA card?  I have been using Bitcurex for years.  They never asked for any papers.  You can trade directly in EUR as well.  No currency conversion fee.
hero member
Activity: 630
Merit: 500
Bitgoblin
October 12, 2013, 01:34:21 PM
#38
Huh?  The bank would not send the documentation (to an unknown individual in Eastern Europe in this case.)
Just for the record, slovenia is central europe (and is in fact a lot more west than other central europe countries), not eastern europe, since you've made that mistake at least twice now already.
Sure, but it was part of the soviet block, and it is pretty common to talk about the whole block as "eastern europe".
legendary
Activity: 4690
Merit: 1276
October 12, 2013, 01:30:02 PM
#37
Huh?  The bank would not send the documentation (to an unknown individual in Eastern Europe in this case.)
Just for the record, slovenia is central europe (and is in fact a lot more west than other central europe countries), not eastern europe, since you've made that mistake at least twice now already.

Apologies.

sr. member
Activity: 430
Merit: 250
October 12, 2013, 01:26:55 PM
#36
Huh?  The bank would not send the documentation (to an unknown individual in Eastern Europe in this case.)
Just for the record, slovenia is central europe (and is in fact a lot more west than other central europe countries), not eastern europe, since you've made that mistake at least twice now already.
hero member
Activity: 630
Merit: 500
Bitgoblin
October 12, 2013, 12:55:34 PM
#35
They should allow people to close their accounts and should send their bitcoins to an external address indicated by the customer. Keeping their customers bitcoins is stealling, pure and simple.
Or, you could just get verified.
We're talking about a legal company trying to exchange your money without getting closed in the meantime, what were you really expecting?
Either you go full legal or full illegal, if you stay in-between you'll be crashed.
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
October 12, 2013, 12:43:13 PM
#34
They should allow people to close their accounts and should send their bitcoins to an external address indicated by the customer. Keeping their customers bitcoins is stealling, pure and simple.
hero member
Activity: 630
Merit: 500
Bitgoblin
October 12, 2013, 12:05:43 PM
#33
LOL @ the amount of FUD in this thread.
A sour LOL, though.
legendary
Activity: 4690
Merit: 1276
October 12, 2013, 11:49:38 AM
#32

EDIT:
I've offered to let them wire the funds to my US-based bank, which has full AML documentation for me on file and who will confirm that I am the signatory for the account.
And what would be the difference between this and sending your data yourself?

Huh?  The bank would not send the documentation (to an unknown individual in Eastern Europe in this case.)  They would simply take on the role of verifier such that the exchange could be confident that they are sending funds to a positively identified individual.

This should be a perfectly satisfactory solution both for exchanges and for regulators if simply solving the KYC issue were desired.  For fiat movement in the e->c direction at least.  Regulators might be pushing on exchanges for harrassment reasons, or exchanges may simply not be terribly broken-hearted that they cannot send out funds and have to instead sit on them and/or obtain high quality docs which themselves could have significant value in certain kinds of exit events.

hero member
Activity: 980
Merit: 500
FREE $50 BONUS - STAKE - [click signature]
October 12, 2013, 08:39:51 AM
#31
How are they goxing?
USD withdrawals processed and arrived within 3 business days, can't even get it processed by MtGox after waiting for 3 months.
Bitcoins withdrawals processed almost instantly, can't even get MtGox broadcast it on blockchain after waiting for 5 hours.

What he said.

I got my recent withdrawal in 1-2 days. Giving my info was a pain in the ass, they bounced back my docs 2 times, but those were my mistakes.
Show me an anonymous way to convert to fiat without bank transfer commissions, as I do have the need to pay my bills time to time.

Btc-e does SEPA but for orders of 500eur minimal.

Localbitcoins suck so much donkeyballs that I won't even start.

I'm completely ok with Bitstamp from the very start and even after these changes.

EDIT:
I've offered to let them wire the funds to my US-based bank, which has full AML documentation for me on file and who will confirm that I am the signatory for the account.
And what would be the difference between this and sending your data yourself?
legendary
Activity: 4690
Merit: 1276
October 12, 2013, 01:54:48 AM
#30
...
Now they've basically stolen my money and won't give it back unless I send enough high-resolution documentation to steal my identity to some dude in Slovenia.

I've offered to let them wire the funds to my US-based bank, which has full AML documentation for me on file and who will confirm that I am the signatory for the account.

I want to stop using bitstamp and get my coins back.  They're refusing to close my account.  Scam scam scam.

I wonder what an identity packet sells for in Eastern Europe these days.  Especially one from someone who has a decent job and some money?

Thank god I didn't make the mistake of considering Bitstamp.  I did eventually capitulate and send some docs to Mt. Gox after years of holding out.  Not that it did me much good...no wire yet after several months of waiting.  My gut sense is that Mark would not stoop so low as to sell my identity information, and I hope he's got data security figured out a little bit better with several years of experience under his belt.  But even if both of these are true, he certainly employs people and it's always possible that one of them would decide to take personal compensation into their own hands.

donator
Activity: 980
Merit: 1004
felonious vagrancy, personified
October 11, 2013, 03:57:45 AM
#29
in our news section, on our Facebook page, on our g+ account, on reddit, on bitcointalk.org and on our twitter account

Great, I better watch Chase bank's twitter because apparently banks might announce some restrictions I'd need to know about on social networks and not to me directly that would freeze my account!

bitstamp ridiculous.

Totally agreed, this is a complete scam.  They have stolen our coins.

They know how to email all their customers.  They've emailed me several times, at least once a month for the last year.  But when announcing a policy change that has a chance of trapping peoples' coins on the equity side of their balance sheet, they want to "be social" and "share" instead of using the most direct and reliable communication mechanism.

Now they've basically stolen my money and won't give it back unless I send enough high-resolution documentation to steal my identity to some dude in Slovenia.

I've offered to let them wire the funds to my US-based bank, which has full AML documentation for me on file and who will confirm that I am the signatory for the account.

I want to stop using bitstamp and get my coins back.  They're refusing to close my account.  Scam scam scam.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
October 10, 2013, 10:05:18 PM
#28
I used bitstamp today without issue.
full member
Activity: 238
Merit: 100
October 10, 2013, 02:19:28 AM
#27
How are they goxing?
USD withdrawals processed and arrived within 3 business days, can't even get it processed by MtGox after waiting for 3 months.
Bitcoins withdrawals processed almost instantly, can't even get MtGox broadcast it on blockchain after waiting for 5 hours.
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
October 09, 2013, 02:18:55 PM
#26
I also ceased trading at Gox and Bitstamp.
420
hero member
Activity: 756
Merit: 500
October 09, 2013, 01:01:38 PM
#25
email notification about the change would have been nice ... not like it's some small change to the service.

I just don't want to send my scanned passport, what to do now? :/

how much do you got with them?
hero member
Activity: 504
Merit: 500
October 09, 2013, 12:59:35 PM
#24
email notification about the change would have been nice ... not like it's some small change to the service.

I just don't want to send my scanned passport, what to do now? :/
420
hero member
Activity: 756
Merit: 500
October 09, 2013, 12:38:22 PM
#23
Basically, they are blackmailing costumers: give me copies of your personal documents or say goodbye to your money. Paypal and Gox do the same thing. The only correct way to implement a new KYC policy is to freeze the selling of bitcoins, but still allow bitcoin withdraws and the buying of bitcoins with fiat in order to withdraw.

yup; which is why i'm boycotting their service now
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
October 09, 2013, 12:35:34 PM
#22
Basically, they are blackmailing customers: give me copies of your personal documents or say goodbye to your money. Paypal and Gox do the same thing. The only correct way to implement a new KYC policy is to freeze the selling of bitcoins, but still allow bitcoin withdraws and the buying of bitcoins with fiat in order to withdraw.
420
hero member
Activity: 756
Merit: 500
October 09, 2013, 12:16:23 PM
#21
it's not like I have a life to live besides reading and scouring bitcointalk
sr. member
Activity: 430
Merit: 250
October 09, 2013, 12:15:30 PM
#20
Dear Four,

The grace period for deposits/withdrawals was announced on 4th of September in our news section, on our Facebook page, on our g+ account, on reddit, on bitcointalk.org and on our twitter account and this period has now with the 30th of September ended.

In order to provide a high quality and reliable service we would kindly ask you to please verify your account before requesting deposits/withdrawals.

If you should need our assistance doing so please feel free to ask.

Best regards,
Benedikt Potisek

Great, I better watch Chase bank's twitter because apparently banks might announce some restrictions I'd need to know about on social networks and not to me directly that would freeze my account!

bitstamp ridiculous.

It's not like it was all over bitcointalk ever since september 4th or anything...
420
hero member
Activity: 756
Merit: 500
October 09, 2013, 11:21:28 AM
#19
Dear Four,

The grace period for deposits/withdrawals was announced on 4th of September in our news section, on our Facebook page, on our g+ account, on reddit, on bitcointalk.org and on our twitter account and this period has now with the 30th of September ended.

In order to provide a high quality and reliable service we would kindly ask you to please verify your account before requesting deposits/withdrawals.

If you should need our assistance doing so please feel free to ask.

Best regards,
Benedikt Potisek

Great, I better watch Chase bank's twitter because apparently banks might announce some restrictions I'd need to know about on social networks and not to me directly that would freeze my account!

bitstamp ridiculous.
full member
Activity: 224
Merit: 100
October 09, 2013, 09:14:02 AM
#18
I believe once you are verified they release money rather fast.
legendary
Activity: 3472
Merit: 4794
October 09, 2013, 08:53:12 AM
#17
My original post was about Bitstam having problems with too many transactions during the recent crash - just like MtGox.
Hello, yes sorry for offtopic-ing your topic .. Tongue

I made several bitstamp withdrawals and all were without problem. Processed same day, money arrived to my bank account in 2 - 3 days !!


So my experiences with bitstamp withdrawals - very very good !

You've submitted your identification for verification with them?
full member
Activity: 238
Merit: 100
October 09, 2013, 07:33:06 AM
#16
My original post was about Bitstam having problems with too many transactions during the recent crash - just like MtGox.


Hello, yes sorry for offtopic-ing your topic .. Tongue

I made several bitstamp withdrawals and all were without problem. Processed same day, money arrived to my bank account in 2 - 3 days !!


So my experiences with bitstamp withdrawals - very very good !
full member
Activity: 238
Merit: 100
October 09, 2013, 07:31:32 AM
#15
Pew, thought that "goxing" was stopping payouts LOL

they DID stop withdrawls.

If u want to wash your drug money u will have to use other alts  Tongue




I can withdraw your money via my Bitstamp, for small tip Wink

can't even transfer between accounts. all withdrawl page says "you need to verify"

so withdraw your Btc and send me btc to my wallet ... I withdraw usd and send to you via wire or some other method (wallet)
zby
legendary
Activity: 1592
Merit: 1001
October 09, 2013, 04:06:19 AM
#14
My original post was about Bitstam having problems with too many transactions during the recent crash - just like MtGox.
legendary
Activity: 3472
Merit: 4794
October 09, 2013, 02:51:58 AM
#13
Pew, thought that "goxing" was stopping payouts LOL

they DID stop withdrawls.

If u want to wash your drug money u will have to use other alts  Tongue




I can withdraw your money via my Bitstamp, for small tip Wink

can't even transfer between accounts. all withdrawl page says "you need to verify"

PM sent.
420
hero member
Activity: 756
Merit: 500
October 08, 2013, 09:41:33 PM
#12
Pew, thought that "goxing" was stopping payouts LOL

they DID stop withdrawls.

If u want to wash your drug money u will have to use other alts  Tongue




I can withdraw your money via my Bitstamp, for small tip Wink

can't even transfer between accounts. all withdrawl page says "you need to verify"
full member
Activity: 238
Merit: 100
October 08, 2013, 07:39:18 PM
#11
Pew, thought that "goxing" was stopping payouts LOL

they DID stop withdrawls.

If u want to wash your drug money u will have to use other alts  Tongue




I can withdraw your money via my Bitstamp, for small tip Wink
hero member
Activity: 574
Merit: 500
October 08, 2013, 07:35:50 PM
#10
Pew, thought that "goxing" was stopping payouts LOL

they DID stop withdrawls.

If u want to wash your drug money u will have to use other alts  Tongue

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
October 08, 2013, 01:27:27 PM
#9
KYC and AML rules.
sr. member
Activity: 308
Merit: 250
October 08, 2013, 01:24:31 PM
#8
ya they don't have much of a choice if they don't want to be raided and shutdown cause of stupid laws
420
hero member
Activity: 756
Merit: 500
October 08, 2013, 01:21:35 PM
#7
Pew, thought that "goxing" was stopping payouts LOL

they DID stop withdrawls.
sr. member
Activity: 504
Merit: 250
October 08, 2013, 01:17:23 PM
#6
Pew, thought that "goxing" was stopping payouts LOL
420
hero member
Activity: 756
Merit: 500
October 08, 2013, 01:15:44 PM
#5
What, what are u talking bout???

they want your name and address; ID or a proof of residence

I'm now selling my BitStamp account:
https://bitcointalksearch.org/topic/bitstamp-account-3btc-for-275btc-307862
sr. member
Activity: 504
Merit: 250
October 08, 2013, 01:09:53 PM
#4
What, what are u talking bout???
420
hero member
Activity: 756
Merit: 500
October 08, 2013, 01:08:46 PM
#3
apparently they announced early september but I didn't know. fucking bastards.

now I need to sell my account or something
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
October 02, 2013, 02:36:24 PM
#2
Where to escape?

no way to escape all  close
zby
legendary
Activity: 1592
Merit: 1001
October 02, 2013, 01:57:04 PM
#1
Where to escape?
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