I agree that the announcement was low key and there is no reason they could not have emailed their account holders. As soon as I heard (on reddit I think) I could not believe it would apply to BTC and once I realized it was, I bailed. Have they offered any reason for why this had to apply to BTC as well as fiat? Damn shame.
Can you get your BTC out by trading them for XRP?
Topic: SOLVED: how to get BTC out of a Bitstamp account without verifying - page 2. (Read 14988 times)
October 13, 2013, 06:46:58 PM
October 12, 2013, 08:33:48 AM
bottomline - this thread is FUD
I agree only on one point - that BTC should be available to move without account confirmation, for those who wanted to withdraw theirs after new regulations. If you want to trade or withdraw fiat - comply with rules.
I agree only on one point - that BTC should be available to move without account confirmation, for those who wanted to withdraw theirs after new regulations. If you want to trade or withdraw fiat - comply with rules.
October 12, 2013, 06:28:16 AM
How this usually works is like this: we give you a date, if you don't comply with the rules
Yes, and the rules are satisfied by:
my offer to have my own bank provide AML cover
Not really. The rules are get scans of id documents, not get other bank to cover for you. It is not up to them to decide what is a satisfactory way of id-ing a person. Put yourself in their shoes, would you really risk it? I don't think you would. When your boss tells you to do something do you also say "I didn't follow your orders, but this is equally as good!"?
October 12, 2013, 06:07:04 AM
Exchanges have always been the sore point in the bitcoin ecosystem, and anything which provides incentives for new ones or helps existing ones work around the legacy banking system will be a great boon for bitcoin. I'm talking about ripple of course.
Interesting but what makes you think that a company using Ripple would be exempt from AML/KYC requirements ?OP is comfortable with giving his ID to a local bank who reports to who-knows-whom, while he is not comfortable to send it to the EU with much stricter privacy laws, because it is out of his jurisdiction. Using ZipZap for example, he would be easily able to deposit and trade USD on his "home turf".
October 12, 2013, 05:32:07 AM
Exchanges have always been the sore point in the bitcoin ecosystem, and anything which provides incentives for new ones or helps existing ones work around the legacy banking system will be a great boon for bitcoin. I'm talking about ripple of course.
Interesting but what makes you think that a company using Ripple would be exempt from AML/KYC requirements ? 
October 11, 2013, 08:53:12 PM
How this usually works is like this: we give you a date, if you don't comply with the rules
Yes, and the rules are satisfied by:
my offer to have my own bank provide AML cover
October 11, 2013, 08:21:06 PM
Scam scam scam.
Well, I did mention that before.
October 11, 2013, 07:37:08 PM
I have withdrawn my recent trade there via SEPA transfer, it arrived in a day or two, was not even checking.
Submitting ID was a pain in the ass (and last time i've withdrawn it wasn't there), but otherwise nothing like OP is going on about.
Submitting ID was a pain in the ass (and last time i've withdrawn it wasn't there), but otherwise nothing like OP is going on about.
October 11, 2013, 07:26:08 PM
Deactivated my account last night. Glad the only thing I ever did with Bitstamp before that was sign up.
October 11, 2013, 06:44:46 PM
Now they've basically stolen my money and won't give it back unless I send enough high-resolution documentation to steal my identity to some dude in Slovenia.
Is this to be an empathy test? Capillary dilation of the so-called blush response? Fluctuation of the pupil. Involuntary dilation of the iris...
"We call it Voight-Kampff for short"
October 11, 2013, 03:09:23 PM
Now they've basically stolen my money and won't give it back unless I send enough high-resolution documentation to steal my identity to some dude in Slovenia.
Is this to be an empathy test? Capillary dilation of the so-called blush response? Fluctuation of the pupil. Involuntary dilation of the iris...
We call it
Now you got Stamped! (in the face)
October 11, 2013, 09:31:12 AM
I call absolute bullshit on that. Whatever "legal issues" didn't prevent this eight days ago don't prevent it today. No new AML laws were passed in Slovenia this week. Besides, my offer to have my own bank provide AML cover eliminates this concern yet they still won't do it, so something more is at play here.
How this usually works is like this: we give you a date, if you don't comply with the rules until then you will go to jail. Bitstamp is only covering their ass, they don't care about your documents.Not notifying people through e-mail might not be the best thing, but their tos doesn't state they would, so they did absolutely nothing wrong.
October 11, 2013, 09:29:59 AM
They even specifically write in their ToS that they consider e-mails as an insecure medium
Oh right, so that's why they send all of my deposit/withdraw notifications via email.
*facepalm*
October 11, 2013, 09:27:28 AM
They even specifically write in their ToS that they consider e-mails as an insecure medium (which is true).
If this is the reason they don't want to email this rather important policy announcement, then maybe they should not have put it on bitcointalk, twitter, facebook, google+ etc, etc.
I believe information posted on those mediums can be also considered insecure.
October 11, 2013, 09:09:16 AM
or write it off…
In case you're having trouble reading between the lines, that's exactly what I've done.
it is not the first time that BTC customers are asked for "doxx or go home" nor will it be the last.
The point of this thread is to make sure their reputation takes the necessary hit. If they had pulled nonsense like this two years ago, I would have been less surprised. Honestly the fact that they're handling this so poorly now -- when they are a serious contender for top bitcoin exchange due to extended goxfail -- is really surprising.
"Only" comes from directly out of my ass.
Oh good, that's what I thought.
October 11, 2013, 08:41:28 AM
This is unbelievable. With no warning (unless you're "facebook friends" with them) Bitstamp is refusing to let customers withdraw BTC they've deposited. They're even refusing requests to close accounts.
Bitstamp never emailed me about this policy (even though they've sent me dozens of emails in the past to confirm trades/withdrawals).
Now they've basically stolen my money and won't give it back unless I send enough high-resolution documentation to steal my identity to some dude in Slovenia.
I've offered to let them wire the funds to my US-based bank, which has full AML documentation for me on file and who will confirm that I am the signatory for the account.
I want to stop using bitstamp and get my coins back. They're refusing to close my account. Scam scam scam.
Apparently they've stolen from a whole lot of people now:
https://bitcointalksearch.org/topic/m.3305812
https://bitcointalksearch.org/topic/m.3313417
https://bitcointalksearch.org/topic/m.3307139
https://bitcointalksearch.org/topic/m.3307596
https://bitcointalksearch.org/topic/m.3307765
Bitstamp never emailed me about this policy (even though they've sent me dozens of emails in the past to confirm trades/withdrawals).
Now they've basically stolen my money and won't give it back unless I send enough high-resolution documentation to steal my identity to some dude in Slovenia.
I've offered to let them wire the funds to my US-based bank, which has full AML documentation for me on file and who will confirm that I am the signatory for the account.
I want to stop using bitstamp and get my coins back. They're refusing to close my account. Scam scam scam.
Apparently they've stolen from a whole lot of people now:
https://bitcointalksearch.org/topic/m.3305812
https://bitcointalksearch.org/topic/m.3313417
https://bitcointalksearch.org/topic/m.3307139
https://bitcointalksearch.org/topic/m.3307596
https://bitcointalksearch.org/topic/m.3307765
Its not their fault you don't keep up with announcements. SOL eh.
October 11, 2013, 08:19:53 AM
Im glad i don't use bitstamp
October 11, 2013, 08:09:12 AM
The Bitstamp policy change was announced in a fairly low-key manner. They posted on their thread here in bitcointalk, in a thread on reddit, and in the "news" section on their site. But there was no mass e-mail and no multi-page/site-wide pop-up notice that a majority of users would see. A sly move on their part. That their volume is over-taking MtGox just goes to show where the industry is heading in terms of compliance, or depending on how you look at it, the lack of true options available for real-money bitcoin exchanges (the new dwolla policy only emphasizes that).
Exchanges have always been the sore point in the bitcoin ecosystem, and anything which provides incentives for new ones or helps existing ones work around the legacy banking system will be a great boon for bitcoin. I'm talking about ripple of course.
Exchanges have always been the sore point in the bitcoin ecosystem, and anything which provides incentives for new ones or helps existing ones work around the legacy banking system will be a great boon for bitcoin. I'm talking about ripple of course.
October 11, 2013, 07:47:17 AM
Discussion here is useless anyways - submit KYC info to them, contact their support or write it off... it is not the first time that BTC customers are asked for "doxx or go home" nor will it be the last. If you keep a balance on a service but do not care about their ToS, you are up for trouble, just as you found out right now.
"Only" comes from the only mention on where you will be notified: "through your account", not "through the means of reaching you entered on your account". They even specifically write in their ToS that they consider e-mails as an insecure medium (which is true).
Why should Bitstamp trust your bank, that for all they know you could have submitted fake documents to a decade ago? If someone from MI5 asks them about YOUR account, they need to show YOUR data, not say "well, he has a bank in the US, maybe ask them...".
"Only" comes from the only mention on where you will be notified: "through your account", not "through the means of reaching you entered on your account". They even specifically write in their ToS that they consider e-mails as an insecure medium (which is true).
Why should Bitstamp trust your bank, that for all they know you could have submitted fake documents to a decade ago? If someone from MI5 asks them about YOUR account, they need to show YOUR data, not say "well, he has a bank in the US, maybe ask them...".
October 11, 2013, 07:28:50 AM
they do state that their changes will be communicated ONLY via your account page
No, they do not state this. Now you're making shit up.Quote
You will be notified of any changes in advance through your Account.
Like I said, you were making shit up. Where's the "ONLY"?
My Account contains the up-to-date information (email address, postal address, and phone number) through which they can notify me. They did not do that.
Absolutely nothing about goggle-plus, twatter, or fakebook in there. And my Account does not contain information for these services, so they can't contact me on tweeter "through my Account".
If you don't trust them, why did you deposit money with them in the first place?
There are different levels of trust. We're not talking about thousands of BTC here. Not even hundreds. But enough to make them scammers.
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