CampBX Has Been Dropped By Their Bitcoin Fearing Bank

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: BADecker on January 31, 2014, 09:37:32 PM

FYI. For whatever it's worth, seems to me that CampBX uses the same support system as BTC-e, or it did in the past.

Current support sites for both:

CampBX = https://support.campbx.com/Tickets/Submit;

BTC-e = http://hdbtce.kayako.com/.

Seems to me that in the past, CampBX had a support address = http://campbx.kayako.com/. Actually, this address is still active as of this post, even though the standard link at CampBX if you don't log in is the other one, above. The current CampBX site listed above, if you go there, still looks something like the Kayako site at their http://campbx.kayako.com/ old address.

I wonder what this means?

Nothing. Kayako is a help desk portal. Alot of BTC businesses use it.

BADecker

legendary

Activity: 3906

Merit: 1373

FYI. For whatever it's worth, seems to me that CampBX uses the same support system as BTC-e, or it did in the past.

Current support sites for both:

CampBX = https://support.campbx.com/Tickets/Submit;

BTC-e = http://hdbtce.kayako.com/.

Seems to me that in the past, CampBX had a support address = http://campbx.kayako.com/. Actually, this address is still active as of this post, even though the standard link at CampBX if you don't log in is the other one, above. The current CampBX site listed above, if you go there, still looks something like the Kayako site at their http://campbx.kayako.com/ old address.

I wonder what this means?

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: ?? on ??

Quote from: RodeoX on January 31, 2014, 07:57:03 PM

Quote from: ?? on ??

Quote from: MicroGuy on January 31, 2014, 07:47:25 PM

Quote from: BitCoinNutJob on January 31, 2014, 07:33:38 PM

http://www.reddit.com/r/Bitcoin/comments/1wog8n/campbx_has_been_dropped_by_their_bitcoin_fearing/

American exchange right?

This exchange in located in the Atlanta, GA vicinity.

My understanding is the exchange has experienced issues with ACH reversals. Maybe that was a contributing factor in the banks decision.

Campbx didn't accept deposits via ACH. So if they had reversals, it means they were overdrawn on their bank account. That is a disturbing claim that you are making. Do you have any evidence to support your claims?

They were beta testing ACH. Perhaps that drew someone's attention?

Could be. It's hard to believe they have operated under their banks radar for 3+ years. They have always been a strange case. In the NYS hearings people said dozens of times there is no US based exchange. Show's how bad their marketing has been.

Maybe ACH is a bridge to far for the banking industry? I mean if people could move their money between their checking account and their exchange account like they do with their saving account, they may stop using their credit card online or prefer to store their wealth in bitcoins. The walls really start to crumble.
Now a smart banker might realize all the money to be made in secure digital storage, wallet apps, etc. There is a lot of pent up demand for these services now and it's not going away. Banks may be above the law in many ways, and they may believe they are to big to fail; but they are not. No one is immune to change.

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Quote from: ?? on ??

Quote from: MicroGuy on January 31, 2014, 07:47:25 PM

Quote from: BitCoinNutJob on January 31, 2014, 07:33:38 PM

http://www.reddit.com/r/Bitcoin/comments/1wog8n/campbx_has_been_dropped_by_their_bitcoin_fearing/

American exchange right?

This exchange in located in the Atlanta, GA vicinity.

My understanding is the exchange has experienced issues with ACH reversals. Maybe that was a contributing factor in the bank's decision.

Campbx didn't accept deposits via ACH. So if they had reversals, it means they were overdrawn on their bank account. That is a disturbing claim that you are making. Do you have any evidence to support your claims?

Actually the ACH reversals were indirect.

This was reported to me by a company official during a period when they were supported by Dwolla. Basically when Dwolla got an ACH customer reversal they would pass the buck and reverse the customer's CampBX deposits in an attempt to recover funds. Recently, CampBX was telling customers ACH deposits were coming.

Perhaps the bank was concerned about ACH exposure on some level?

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: ?? on ??

Quote from: MicroGuy on January 31, 2014, 07:47:25 PM

Quote from: BitCoinNutJob on January 31, 2014, 07:33:38 PM

http://www.reddit.com/r/Bitcoin/comments/1wog8n/campbx_has_been_dropped_by_their_bitcoin_fearing/

American exchange right?

This exchange in located in the Atlanta, GA vicinity.

My understanding is the exchange has experienced issues with ACH reversals. Maybe that was a contributing factor in the banks decision.

Campbx didn't accept deposits via ACH. So if they had reversals, it means they were overdrawn on their bank account. That is a disturbing claim that you are making. Do you have any evidence to support your claims?

They were beta testing ACH. Perhaps that drew someone's attention?

nitehawk

hero member

Activity: 532

Merit: 500

Worldcore - Banking for the Future

wasnt there some story about them reversing peoples payments when BTC went up in value i stopped using them when it took them almost 3 month to send me a postal money order

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Quote from: BitCoinNutJob on January 31, 2014, 07:33:38 PM

http://www.reddit.com/r/Bitcoin/comments/1wog8n/campbx_has_been_dropped_by_their_bitcoin_fearing/

American exchange right?

This exchange in located in the Atlanta, GA vicinity.

My understanding is the exchange has experienced issues with ACH reversals. Maybe that was a contributing factor in the bank's decision.

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

http://www.reddit.com/r/Bitcoin/comments/1wog8n/campbx_has_been_dropped_by_their_bitcoin_fearing/

American exchange right?

Topic: CampBX Has Been Dropped By Their Bitcoin Fearing Bank (Read 886 times)