Topic: Press Release - TradeHill, Inc. Files Suit Against Dwolla, Inc. - page 4. (Read 12143 times)

If you're asking for their books, you're probably not going to get those.

If you want more information, I would start with the Bitcoin Show episode where Bruce had them on live to explain what was happening and try to warn other exchanges. They played some phonecalls with Dwolla that didn't make Dwolla look very respectable.

As a high volume trader I talked to all of the guys that ran Tradehill on a regular basis, mainly as a client, but also as a fellow bitcoin entrepreneur. They are very nice and genuine people. This kind of relationship isn't "hard proof" but I know who I was dealing with and everything they said during that time, as well as now, sounds very credible to me. Not only that, but they had no reason to lie. I trusted them before, during, and ever since with more money than I could afford to lose, and they've always been very transparent and quick to respond (unlike some exchanges.)

So that's why I don't feel it's very fair to call my support for Tradehill "blind fanboyism." I'm an appreciative long-term client, and without working directly for them (hence having access to their private records), I don't think I could reasonably be more informed.

I wasn't trying to be inflammatory with my statement about Dwolla - I guess it came across that way, but I just assumed most people who looked at this thread would have seen more of what I've seen and understand where I was coming form.

Yeah. They're real communicators and owe up to their mistakes.

Corporation are to me, highly defaced, zero authenticity, every single channel managed by PR, etc. When people shout at the corporations, the corporation doesn't seem to reply and keep doing the same thing oblivious to people's problem.

I like people who actually talk to their customer, very casual, and no nonsense. That's reassuring to me.

From all of my experiences with Dwolla it seems like they act like a corporation, have no sense of humility, and resembles PayPal.

Many of us have been through the TradeHill fiasco last year.  From what I know about TradeHill they seem to have a lot of integrity since I've seen them in videos, in the forum posts, and in emails.

It is ridiculous that anyone would think they engineered their own downfall last year, waited for the $5 million investment in Dwolla, so they could sue them for $2 million.  This is defintely not a case of "sour grapes" as Dwolla's angel investor has said.

TradeHill posted some of their data on Dwolla, if I remember correctly.  Dwolla however has not said very much.

I wish we can get some positive publicity for a change.

Fair enough. Any tips on finding the proof that Dwolla was erasing chargebacks to cover their asses?

Here we go, publicity! Hope to see an article on this in ArsTechnica....

I'm glad you're proud of how easily you make foolish statements.

The reason I think you're ignorant because you SAID you were. This happened last year. Plenty of people know the details, you've admitted you're not one of them. So instead of arguing about what MY opinion should be, maybe you should go do your homework.  I based mine on all the information that anyone not directly involved with this lawsuit can reasonably expect to get, and I'm fairly confident that my conclusion is correct.

Pretty easily actually. I just did!

Sorry, didn't read because it had nothing to do with what I was talking about and you're just spouting conspiracy theories as a defense.

Since you didn't get my point, I'll reiterate:

Don't trust people or companies just because they claim things. If the company themselves are not willing to share the documents that they claim prove something, then hold off on the fanboying until you know for sure.

How is that not simply common sense?

I don't have a dog in the fight. If Dwolla losses the suit because a judge finds them guilty of fraud, I'll say "Good job Tradehill!" and if Dwolla wins because TradeHill had no evidence and just couldn't deal with losing money I'll say "Good job Dwolla!".

This community is thick sometimes. We're not talking about supporting a friend, we're talking about staking reputations on something we have no evidence for.

You think I'm ignorant for not wanting to do that? Wow.


Where are the documents that have had the transactions removed?

How can you call anyone else blind when you admit you're completely ignorant? Supposing that Tradehill engineered their own downfall in order to take Dwolla to court without any evidence is the silliest thing I've ever heard. Some of us saw the interviews, the press releases, and had conversations with Tradehill as this was happening. Calling those people "blind" isn't showing your intelligence.

Let's all support TradeHill for realistic expectations and realistic settlements, and open to the possibility they might actually be in the wrong, not Dwolla.

Anything else is blind fanboyism and we don't have room for that in a cryptocurrency already considered a scam and ponzi by most of the nerd world.

Let's show our intelligence and look at evidence. Jered hasn't provided any to us because his lawyer doesn't want him to at this point.

e.g. There is nothing to support.

More Dwolla arrogance:

http://blogs.desmoinesregister.com/dmr/index.php/2012/03/06/bitcoin-exchanges-files-lawsuit-against-dwolla/

If a financial institution you trusted did the same thing to you, I'm betting it'd sound a lot less "ridiculous." But I didn't make any demands, I was just showing my support. This was a despicable act.

1+

This is really a civil matter.  Jail time sounds like the ridiculous demand of a lynch mob.  Frankly, I think $2M is pretty optimistic though, on ~100k of direct damages. Hope it works out well for them.

And for the record, I think he looks like a horse.

I wish you a favorable resolve and your money returned + damages repayed.

I just heard about it 2 minutes ago, both never exclude the latter.

Either you're incredibly ignorant of this situation, or you're trolling again. Either way, you look like an ass.

That's hearsay. You'd have to prove that's why they were erased. On that note-- what proof do you have that they erased records?

Does Tradehill have a list of records that doesn't match Dwolla's? If so, how do you know Tradehill didn't forge them?

(For the record, I hope justice is served, but don't be so quick to pick sides and pretend that anything against Bitcoin businesses is worthy of jailtime.)

Does that mean you're going to provide services as planned in bitcoin.com? If not, what will happen?

Anyway, wish you best of luck and the most expeditious lawsuit as possible.

Editing old account statements to erase reversed credits, in order to hide when they removed funds from the account? Um hell yes, jail. That's fraud.