Topic: Bitstamp is the Next Gox and why Bitcoin will be at $300 soon (Read 9530 times)

You haven't moved > $10,000 lately, have you?

No, it's bullshit. If they want to cater to governments and/or central authorities they need to get out of bitcoin. People move to it FOR PRIVACY. Government installs these regulations so it can track people, invade privacy, and try to collect fees/taxes whatever else....which defeats the privacy portion of bitcoin's principle. It's not about kiddie porn, drugs, terrorism, fake IDS, or money laundering.

It's about they see the writing on the wall when bitcoin is mass adopted and they can't control it, regulate it, tax it, and they can't enforce it.

Further, if you go to your bank to withdraw money, they do not ask you where you got it and what you plan to do with it. If you deposit money, they don't ask you that. Nobody has any questionaire to be filled out.

If you go to a currency exchange and exchange USD for Euro or vice versa or anything else, do they also hand you forms to fill out itemizing where you got your funds, what you spent it on, and what you're going to do with it>


So look closer at the real reason they're pushing for this information. Regulation, confiscation, taxation and that's bullshit.

If they want to do all that, then for god sakes as a community, at least make them work for it and expend their own money, time and effort to do it the hard way.

A sizable amount of drugs.

GOX is gone, but the bitcoins that were steal from there keep the market price very low. I have seen few hours ago on blockchain 2016 BTC transaction. I wonder where that amount comes from? any ideas?

DOnt ever look back on GOX as the golden days as either

1) You have altzheimers
2) You where not there

GOX was the devil & thank fuck they are gone ..I whole heartly believe that we would not have been abel to move forward without them out of the picture

If I was an exchange ... I would be very careful within volatile stuff ... for me sounds like the exchange market is more fragmented now than that it was on gox golden times. Exchanges can also cannibalize each other just like any other network (pools for instance ) ...

Bitstamp is working like a charm for me, never had any problems with them. They are the fastest exchangers on market and very very trustable. I never tried any other exchangers, but i have in mind testing Vault of Satoshi services.

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I was very happy to get my (limited) BTC out of Bitstamp before they added all the verification steps.  While I disagree with the price forecast the point about bitstamp is very interesting.  I didn't think AML regulations effected just crypto transactions.  Yet, two months in, bitstamp is still here.

Yes, the end of leverage is one reason. Okcoin announced that leverage would cease on the 10th May (http://www.coindesk.com/pboc-pressure-influences-latest-okcoin-service-upgrade/). Since the prohibition of leverage was agreed between the 5  major chinese exchanges, probably, Huobi picked the same date.
I wonder if they also started already collecting the flat rate fee.

Two months old.

I think it's more aligned with a prime example of how margin trading and 0% fees grossly inflate the exchange's volume.

I stopped trading at Bitstamp several months ago. Anyone wanting to send them their diaries, personal letters, pictures of the familly and of the dog, be my guest. But unless they get hacked, I don't think that they will be another Gox.
Actually, I was expecting Huobi to be our next Gox, not Bitstamp. But it seems Huobi is dying in our hands peacefully: its volume is dropping massively. Of course, as chinese sellers end up without buyers with new fiat, the price can start moving down fast, but, right now, All Quiet on the eastern Front.

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1)I wont tell you anything at all ever
2) I have nothing to hide

You know that these 2 statements totally contradict each other ...lolz

3) Why should i

Its called anti money laundering laws and they are enforced to varying levels by all companys

I dont think stamp wants to be bitinstant charlie Shrem money launderer & goto jail for 25 years or get there business closed down by homeland security by proxy via pressuer on there banking partners

Its due dilligence and it really shows that they are not going to be running away with your funds

I am not defending nor blasting them.  I think they just want to comply so it SHTF they at least cover their backs. 

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So they might be trying to prevent money leaving the bitcoin economy?

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