Topic: Bitstamp: No withdrawals for Bitcoin related companies (Read 14502 times)
I've used BitStamp in the past before the hack, and didn't seem to have a lot of problems, except that wire withdrawals took quite a long time to arrive after being approved (over a week or so). Looks like I'll have to find another reliable exchange to use.
UPDATE.
raiffeisen bank, Bitstamps bank, are now rejecting all bank payments.
I just waited 3 days to be told this. My Bank in the UK told me before Bitstamp did that raiffeisen bank are rejecting payments. So lord knows how long i will have to wait before i see my money again.
Simply AVOID Bitstamp. Not worth the hassle.
In the UK i am buying all my bitcoins from Bitbargain.
raiffeisen bank, Bitstamps bank, are now rejecting all bank payments.
I just waited 3 days to be told this. My Bank in the UK told me before Bitstamp did that raiffeisen bank are rejecting payments. So lord knows how long i will have to wait before i see my money again.
Simply AVOID Bitstamp. Not worth the hassle.
In the UK i am buying all my bitcoins from Bitbargain.
You mean you cannot deposit funds, withdraw funds or neither? And does it have to do with your bank, or is Raiffeisen just sitting on money & doing nothing?
UPDATE.
raiffeisen bank, Bitstamps bank, are now rejecting all bank payments.
I just waited 3 days to be told this. My Bank in the UK told me before Bitstamp did that raiffeisen bank are rejecting payments. So lord knows how long i will have to wait before i see my money again.
Simply AVOID Bitstamp. Not worth the hassle.
In the UK i am buying all my bitcoins from Bitbargain.
raiffeisen bank, Bitstamps bank, are now rejecting all bank payments.
I just waited 3 days to be told this. My Bank in the UK told me before Bitstamp did that raiffeisen bank are rejecting payments. So lord knows how long i will have to wait before i see my money again.
Simply AVOID Bitstamp. Not worth the hassle.
In the UK i am buying all my bitcoins from Bitbargain.
RIPstamp
UPDATE.
raiffeisen bank, Bitstamps bank, are now rejecting all bank payments.
I just waited 3 days to be told this. My Bank in the UK told me before Bitstamp did that raiffeisen bank are rejecting payments. So lord knows how long i will have to wait before i see my money again.
Simply AVOID Bitstamp. Not worth the hassle.
In the UK i am buying all my bitcoins from Bitbargain.
raiffeisen bank, Bitstamps bank, are now rejecting all bank payments.
I just waited 3 days to be told this. My Bank in the UK told me before Bitstamp did that raiffeisen bank are rejecting payments. So lord knows how long i will have to wait before i see my money again.
Simply AVOID Bitstamp. Not worth the hassle.
In the UK i am buying all my bitcoins from Bitbargain.
It´s a bit frustrating when most people do not do any own research (e.g.: visiting the websites in question).
Some are so quick to yell "FUD!", or even "MTGOX!" while for others it seems to be news that bitstamp switched from unicredit to raiffeisen (Slovenia).
Well they obviously have some issues concerning speed of deposits or handling of fiat withdrawals, but as there is not one report of btc withdrawal problems or "missing" fiat, I´d suggest to turn the panic volume down a bit.
Id would certainly be a nice move to have bitstamp switch it´s banking to fidor (germany). They are actively endorsing bitcoin biz (bitcoin.de market place is run in their name for regulatory reasons) and even kraken (also a british Limited) have their bank account there.
The question is rather, why have bitstamp not moved there yet, but switched to a bank which is not known for any bitcoinfriendlyness, but rather being one of the very few banks without any offices or operations inside the US (think regulation, think US sanctions on other countries)?
Some are so quick to yell "FUD!", or even "MTGOX!" while for others it seems to be news that bitstamp switched from unicredit to raiffeisen (Slovenia).
Well they obviously have some issues concerning speed of deposits or handling of fiat withdrawals, but as there is not one report of btc withdrawal problems or "missing" fiat, I´d suggest to turn the panic volume down a bit.
Id would certainly be a nice move to have bitstamp switch it´s banking to fidor (germany). They are actively endorsing bitcoin biz (bitcoin.de market place is run in their name for regulatory reasons) and even kraken (also a british Limited) have their bank account there.
The question is rather, why have bitstamp not moved there yet, but switched to a bank which is not known for any bitcoinfriendlyness, but rather being one of the very few banks without any offices or operations inside the US (think regulation, think US sanctions on other countries)?
MtGox ?
Is this just FUD?
Lot of people yelled at me for "FUD" here too:
https://bitcointalksearch.org/topic/mt-gox-now-adding-1-week-processing-time-to-wire-transfer-withdrawals-225707
Reading back it looks like people actually went back in and deleted their FUD comments.
Anyways just managed to withdrawal all my funds in BTC.
Legit businesses with "know your customer" requirements, like stockbrokers, do the checking before they let you put money in.
Hmm, wish I read that before I sent quite a lot of money to Bitstamp just a few days ago.
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
You will be hit with KYC procedures when you make withdrawal. Enjoy
I have read and understood the term KYC for a long time then today I realized its pronounced (kick). Sorry guys. Sometimes I'm a little slow. haha
I can confirm that BTC withdrawal worked for me today. So:
SEPA deposit - worked for me
buying BTC - worked for me
BTC withdrawal - worked for me
SEPA deposit - worked for me
buying BTC - worked for me
BTC withdrawal - worked for me
obv bad news, but the kind of bad news that makes the price of bitcoin go UP!
Hmm, wish I read that before I sent quite a lot of money to Bitstamp just a few days ago.
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
You will be hit with KYC procedures when you make withdrawal. Enjoy
KYC will come, no matter if you withdraw or just buy. It's just a couple of innocent questions. I don't know why this is so threatening to some people
Hmm, wish I read that before I sent quite a lot of money to Bitstamp just a few days ago.
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
You will be hit with KYC procedures when you make withdrawal. Enjoy
i withdrew more than 50 btc yesterday without any problem. i dont think bitstamp is in trouble.
Hmm, wish I read that before I sent quite a lot of money to Bitstamp just a few days ago.
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
You will be hit with KYC procedures when you make withdrawal. Enjoy
https://www.bitstamp.net/article/bitstamp-status-update/
Dear Bitstamp clients,
Bitcoin`s staggering growth continues!
Unfortunately, to our mutual displeasure, this growth and other issues have caused problems for some of our customers. These issues include recent problems with our banking software which caused a large backlog of transfers which in turn increased the manual checking that was required by support agents. Additional networking issues also magnified the work required. Altogether our need for additional support agents and hardware has increased dramatically.
Bitstamp works hard to provide the excellent service and in response to these problems, we have upgraded our hardware infrastructure and hired four new support agents. This brings our total employee count to seventeen.
Further, in anticipation of Bitcoin`s continued growth, Bitstamp is hiring more staff members and further improving our hardware infrastructure.
Thank you for your understanding and loyalty.
Best regards,
The Bitstamp team
Dear Bitstamp clients,
Bitcoin`s staggering growth continues!
Unfortunately, to our mutual displeasure, this growth and other issues have caused problems for some of our customers. These issues include recent problems with our banking software which caused a large backlog of transfers which in turn increased the manual checking that was required by support agents. Additional networking issues also magnified the work required. Altogether our need for additional support agents and hardware has increased dramatically.
Bitstamp works hard to provide the excellent service and in response to these problems, we have upgraded our hardware infrastructure and hired four new support agents. This brings our total employee count to seventeen.
Further, in anticipation of Bitcoin`s continued growth, Bitstamp is hiring more staff members and further improving our hardware infrastructure.
Thank you for your understanding and loyalty.
Best regards,
The Bitstamp team
Do you smell the bullshit? Bitfinex doesn't have any of these problem and they process as much volume as Bitstamp.
Hmm, wish I read that before I sent quite a lot of money to Bitstamp just a few days ago.
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
The deposit went well and the money appeared on my account. So far so good.
Bought some BTC. But I am worried if BTC withdrawal will work in the near future ...
In every exchange you need to put some trust in it. So I agree to be carefull and keep as liddle fiat and BTC on the exchanges as possible.
If a desaster happens only your coins and your fiat on the exchange is in danger.
You are free to use any other exchange, but Bitstamp is doing a great job im my opinion. I also tried Mt. Gox (as long as they existed) and BTC-e but their fiat handling was very slow compared to Bitstamp.
If a desaster happens only your coins and your fiat on the exchange is in danger.
You are free to use any other exchange, but Bitstamp is doing a great job im my opinion. I also tried Mt. Gox (as long as they existed) and BTC-e but their fiat handling was very slow compared to Bitstamp.
This is old news and bs. Take your time and research it properly on https://www.bitstamp.net/news/
Sadly, time will tell. We'll see if they can dig themselves out of the hole they are covering up. I pray they do but just like the MtGox fiasco, apologists are not managing their risk properly and given the signs you will deserve whatever comes to you for ignoring the warnings. I might point out even BTC-e has a better track record than Bitstamp. This isn't an isolated issue, nor is it the only category of issue.
https://www.bitstamp.net/article/bitstamp-status-update/
Dear Bitstamp clients,
Bitcoin`s staggering growth continues!
Unfortunately, to our mutual displeasure, this growth and other issues have caused problems for some of our customers. These issues include recent problems with our banking software which caused a large backlog of transfers which in turn increased the manual checking that was required by support agents. Additional networking issues also magnified the work required. Altogether our need for additional support agents and hardware has increased dramatically.
Bitstamp works hard to provide the excellent service and in response to these problems, we have upgraded our hardware infrastructure and hired four new support agents. This brings our total employee count to seventeen.
Further, in anticipation of Bitcoin`s continued growth, Bitstamp is hiring more staff members and further improving our hardware infrastructure.
Thank you for your understanding and loyalty.
Best regards,
The Bitstamp team
Dear Bitstamp clients,
Bitcoin`s staggering growth continues!
Unfortunately, to our mutual displeasure, this growth and other issues have caused problems for some of our customers. These issues include recent problems with our banking software which caused a large backlog of transfers which in turn increased the manual checking that was required by support agents. Additional networking issues also magnified the work required. Altogether our need for additional support agents and hardware has increased dramatically.
Bitstamp works hard to provide the excellent service and in response to these problems, we have upgraded our hardware infrastructure and hired four new support agents. This brings our total employee count to seventeen.
Further, in anticipation of Bitcoin`s continued growth, Bitstamp is hiring more staff members and further improving our hardware infrastructure.
Thank you for your understanding and loyalty.
Best regards,
The Bitstamp team
Do you smell the bullshit? Bitfinex doesn't have any of these problem and they process as much volume as Bitstamp.
This is old news and bs. Take your time and research it properly on https://www.bitstamp.net/news/
I never had any problems with Bitstamp so far.
I use it regularly. So my Bank must have no problems with Bitcoin so far.
My bank is Postfinance Switzerland.
I use it regularly. So my Bank must have no problems with Bitcoin so far.
My bank is Postfinance Switzerland.
https://www.bitstamp.net/article/bitstamp-status-update/
Dear Bitstamp clients,
Bitcoin`s staggering growth continues!
Unfortunately, to our mutual displeasure, this growth and other issues have caused problems for some of our customers. These issues include recent problems with our banking software which caused a large backlog of transfers which in turn increased the manual checking that was required by support agents. Additional networking issues also magnified the work required. Altogether our need for additional support agents and hardware has increased dramatically.
Bitstamp works hard to provide the excellent service and in response to these problems, we have upgraded our hardware infrastructure and hired four new support agents. This brings our total employee count to seventeen.
Further, in anticipation of Bitcoin`s continued growth, Bitstamp is hiring more staff members and further improving our hardware infrastructure.
Thank you for your understanding and loyalty.
Best regards,
The Bitstamp team
Dear Bitstamp clients,
Bitcoin`s staggering growth continues!
Unfortunately, to our mutual displeasure, this growth and other issues have caused problems for some of our customers. These issues include recent problems with our banking software which caused a large backlog of transfers which in turn increased the manual checking that was required by support agents. Additional networking issues also magnified the work required. Altogether our need for additional support agents and hardware has increased dramatically.
Bitstamp works hard to provide the excellent service and in response to these problems, we have upgraded our hardware infrastructure and hired four new support agents. This brings our total employee count to seventeen.
Further, in anticipation of Bitcoin`s continued growth, Bitstamp is hiring more staff members and further improving our hardware infrastructure.
Thank you for your understanding and loyalty.
Best regards,
The Bitstamp team
Do you smell the bullshit? Bitfinex doesn't have any of these problem and they process as much volume as Bitstamp.
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