Bitstamp WAS the best Bitcoin exchange, now it's not. - page 2.

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: bernard75 on September 26, 2013, 08:38:20 AM

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 more then happy to let you believe in their good will.

As for volume, it only stands to increase being that they will become more legitimate. OP's upset Bitstamp won't work for money laundering, but that's life. Even the 'wild west' had a beginning, middle and end.

bernard75

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They will lose a lot of customers and volume because of this.

Endgame

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Bitstamp wants to keep their bank and regulator happy so they can stay in business. Sounds like a good idea to me.

Totscha

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Quote from: smoothie on September 25, 2013, 09:54:25 PM

Quote from: Remember remember the 5th of November on September 23, 2013, 11:39:20 AM

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.

You should then take up the liability of running an exchange that operates without verifying customers.

Free market. You can do it on your own. Just make it happen.

+1

In case you didn't know, Bitstamp was getting some flak from various banks refusing to accept SEPA withdrawals. AML/KYC is a must when you get to these kinds of volumes.

TheButterZone

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RIP Mommy

btc-e.com ^

smoothie

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LEALANA Bitcoin Grim Reaper

Quote from: Remember remember the 5th of November on September 23, 2013, 11:39:20 AM

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.

You should then take up the liability of running an exchange that operates without verifying customers.

Free market. You can do it on your own. Just make it happen.

RodeoX

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The revolution will be monetized!

I would prefer anonymity as well. However bitstamp is not going to operate an illegal business when they stand to get rich legally. For them this is not a "choice", it is a requirement.

Boussac

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e-ducat.fr

Quote from: joesmoe2012 on September 25, 2013, 10:05:02 AM

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 ?

joesmoe2012

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Ching-Chang;Ding-Dong

Actually it's becoming bigger and bigger by the week.

FullLife

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Quote from: Remember remember the 5th of November on September 23, 2013, 11:39:20 AM

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.

You have to look at it from their perspective. They want to become a more legitimate exchange and the best way to do that is to implement AML/KYC requirements.

Remember remember the 5th of November

legendary

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Reverse engineer from time to time

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.

Topic: Bitstamp WAS the best Bitcoin exchange, now it's not. - page 2. (Read 6169 times)