They brought this upon themselves by their fail to inform customers.
Now they have 26427 open tickets.
Way to go Bistamp.
Topic: Bitstamp WAS the best Bitcoin exchange, now it's not. (Read 6166 times)
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...
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.
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
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...
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.
Please name another exchange that has better liquidity and support than bit stamp. These days you cannot even withdraw from practically any other exchange.
By the way, "best" does not mean only that little "function". It's still the best because of service and reliability.
Think of the children!
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
It is not a difficult process to get verified, and if you believe they are honest, you would do it without trouble
yes agree if we want more good and honest peoples in this community we have to accept this
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.
If you wish to trade bitcoin/fiat cross without id verification, AML/KYC compliance and so forth, there are already ways of doing that.
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
It is not a difficult process to get verified, and if you believe they are honest, you would do it without trouble
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 ?But it makes them unique so you can always see their posts!
/s
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 ?
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.
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.
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.
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 ...
if we want bitcoin became more flexible and better then we have to sacrifice something like this
I for one value my privacy and rather move to those dubious sites than to those bending over.
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 ...
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.
They will lose a lot of customers and volume because of this.
Bitstamp wants to keep their bank and regulator happy so they can stay in business. Sounds like a good idea to me.
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.
btc-e.com ^
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.
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.
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 ? 
Actually it's becoming bigger and bigger by the week.
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.
legendary
Activity: 1862
Merit: 1011
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.
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