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Topic: Bitstamp WAS the best Bitcoin exchange, now it's not. (Read 6169 times)

legendary
Activity: 1316
Merit: 1003
They brought this upon themselves by their fail to inform customers.
Now they have 26427 open tickets.
Way to go Bistamp.
full member
Activity: 231
Merit: 100
Sure, using a "service" that might just run away with your money is much better than sending them two documents containing information that they already have...

There's a sucker born every minute.

And a fool and his coins are soon parted...
legendary
Activity: 1316
Merit: 1003
I for one value my privacy and rather move to those dubious sites than to those bending over.

What privacy? If you use Bitstamp to exchange bitcoins for fiat or viceversa, so you have to make a SEPA deposit or withdrawal.

Sure, using a "service" that might just run away with your money is much better than sending them two documents containing information that they already have...

There's a sucker born every minute.
sr. member
Activity: 420
Merit: 250
They just like MtGox require us to verify our accounts, sorry this is bullshit, I do not accept this, furthermore if you DON'T verify by the 30th of September, you will NOT be able to do Bitcoin transactions or Bank transactions.

this is BS i had not even heard about this until today... and i have been using bitstamp the entire month... even did a small withdrawal yesterday

now when I need to do a larger withdrawal today, i have to wait to get verified... they should get fined by the regulators for not communicating this to customers as they log in (i dont have time to read their blog...)

you don't just change the terms of service, and not communicate it properly. 

So you want regulators to take action against them for complying with other regulations you don't like? LOL
full member
Activity: 231
Merit: 100
I for one value my privacy and rather move to those dubious sites than to those bending over.

What privacy? If you use Bitstamp to exchange bitcoins for fiat or viceversa, so you have to make a SEPA deposit or withdrawal.

Sure, using a "service" that might just run away with your money is much better than sending them two documents containing information that they already have...
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
Why pay 0.5% commission and have to verify, when you can trade at Bitstamp for 0.35% and keep unverified (if you don't transfer fiat): Bitfinex.
hero member
Activity: 728
Merit: 500
Please name another exchange that has better liquidity and support than bit stamp. These days you cannot even withdraw from practically any other exchange.
sr. member
Activity: 252
Merit: 250
By the way, "best" does not mean only that little "function". It's still the best because of service and reliability.
sr. member
Activity: 275
Merit: 250
Think of the children!
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
Everyone has to comply with laws.
It is not a difficult process to get verified, and if you believe they are honest, you would do it without trouble Smiley

yes agree if we want more good and honest peoples in this community we have to accept this
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
I don't see a problem with centralised exchanges complying with the laws/regulations, no matter how much we anarchists and libertarians dislike most/all of them. Complying with the State's edicts, including paying taxes if they demand it, aren't selling out on one's principles: they are self-preservation instinct, just like I show my id to the police in Europe if they do a sus-law stop'n'search on me, as they are wont to do, especially in German-speaking places.

If you wish to trade bitcoin/fiat cross without id verification, AML/KYC compliance and so forth, there are already ways of doing that.
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
Everyone has to comply with laws.
It is not a difficult process to get verified, and if you believe they are honest, you would do it without trouble Smiley
sr. member
Activity: 252
Merit: 250
Actually it's becoming bigger and bigger by the week wank.
Do you get paid by bitstamp to post stuff like that in RED or its just silly ?
That is his thing he always post in red.
Annoying yes, but I've seen worse on Internet.  That S3014 (or whatever) guy with a mailing list posts in blue.  That alone would be enough reason to ignore his services and most of what he writes.



But it makes them unique so you can always see their posts!  Lips sealed

/s
legendary
Activity: 4690
Merit: 1276
Actually it's becoming bigger and bigger by the week wank.
Do you get paid by bitstamp to post stuff like that in RED or its just silly ?
That is his thing he always post in red.
Annoying yes, but I've seen worse on Internet.  That S3014 (or whatever) guy with a mailing list posts in blue.  That alone would be enough reason to ignore his services and most of what he writes.

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
come to think of it, I bet that if things keep going they way they are with LTC, even BTC-E will probably go legit at some point. LTC/BTC trading is their bread and butter, but if Bitcoin comes out the undisputed NEW WORLD CURRENCY, then the excitement which has been draining rather quickly from LTC will eat heavily into their profits. At some point they will want to go Legit if only because it makes more money. they have a strong Russian speaking base, so it would be worth it for them eventually to go legit and serve that customer base.
legendary
Activity: 966
Merit: 1000
Actually it's becoming bigger and bigger by the week.
Do you get paid by bitstamp to post stuff like that in RED or its just silly ?

That is his thing he always post in red.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
I for one value my privacy and rather move to those dubious sites than to those bending over.

Well BTC-E hasn't made any signs of going "legit", yet anyway (I'm sure they will eventually, they make crazy money so eventually they will sell out if they have any ounce of capitalism in them).

However of course, I don't know anyone who has dealt with 'real' FIAT money with them. so who knows. It's also a very opaque organisation, however I have trusted them at times with large amounts of money, so......

It's important that we have a little bit of both- the black market and the above board. With Gox going down (?) we need a new industry standard bearer.
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
They will lose a lot of customers and volume because of this.

The only customers they will lose are the one's no reputable business wants anyway. You want to put your money in the hands of a nigerian prince, there are plenty of "no-contact-info" exchanges out there ...
Good point. There will always be illegal exchanges. Of course they will be full of criminals and you will have your coins stolen. And even if bitcoin becomes main stream you will have no legal recourse at these sites.

if we want bitcoin became more flexible and better then we have to sacrifice something like this
legendary
Activity: 1316
Merit: 1003
I for one value my privacy and rather move to those dubious sites than to those bending over.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
They will lose a lot of customers and volume because of this.

The only customers they will lose are the one's no reputable business wants anyway. You want to put your money in the hands of a nigerian prince, there are plenty of "no-contact-info" exchanges out there ...
Good point. There will always be illegal exchanges. Of course they will be full of criminals and you will have your coins stolen. And even if bitcoin becomes main stream you will have no legal recourse at these sites.
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