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Topic: TradeHill - suspension of US wire deposits / withdrawals - page 2. (Read 11520 times)

legendary
Activity: 1834
Merit: 1020
Thanks for the wire Jered! If you would have updated your blog earlier you would have kept me as a customer, now I just hope TH will go to hell.

The existence of TradeHill is very good for the market right now in my opinion.

It has been very shit for me and people like me. Dont forget we, the people, make the market. I have totally lost faith in bitcoins because of Jered his actions. He has fucked my life over in such a way that you cannot imagine. He can go fuck himself. I hate him. He has left me in uncertainty of my own future. I will never forget this last month not knowing if he ran with my cash or not and not knowing if I would be able to provide for my wife and little daughter. I had to borrow money left an right to keep us alive while he was writing quirky messages on his twitter account and here on the board not saying anything about the situation and what was going on. It was really a slap in the face for me.

tl;dr Fuck Tradehill/Jered and fuck Bitcoins.

Let me break down what you said:

"It has been very shit for me and people like me."  

So, anyone who had trouble with money in this situation is like you, and anybody that didn't have trouble isn't?  That's quite a dichotomy you've set up.

"Don't forget we, the people, make the market."  

Yes, I am one of those people too.  

" I have totally lost faith in Bitcoin because of Jered and his actions.  He has fucked over my LIFE in such a way that you cannot imagine."

Bitcoin is a currency, Jered is an individual acting on his own accord.  Bitcoins don't act.  People use them.  While I do agree Jered blew the communication aspect, you got your money, right?  Were you responsible with your money?  There are so many ways to interpret your leap of reductionism.  BUT, I am very sorry to hear that this has created problems for you.  I won't minimize those problems, but I do hope that you recognize your own influence on the situation.

"He can go fuck himself...it was really a slap in the face for me."

How do you know Jered wasn't working every second to try to remedy the situation?  Jered also has a responsibility to Jered, and if he doesn't take a little time for himself (referencing his time spent on Twitter, etc.), then how can he be in a calm-enough state of mind to deal with the situation rationally?

When the bank accounts closed, there were many others in the same boat as you (or at least a similar boat), including me.  The situation didn't revolve around you, although it can certainly feel that way when a lot of money is on the line.  Multiple people were involved in the same situation, but every person reacted differently to the situation.  That's the power of interpretation, and the power is yours.

I truly am sorry that you've been going though a hard time.  But really...borrowing money so that you, your wife, and your daughter can LIVE?  You invested the money that you need for survival in Bitcoin?  What were you thinking?



legendary
Activity: 4690
Merit: 1276
Thanks for the wire Jered! If you would have updated your blog earlier you would have kept me as a customer, now I just hope TH will go to hell.

The existence of TradeHill is very good for the market right now in my opinion.

It has been very shit for me and people like me. Dont forget we, the people, make the market. I have totally lost faith in bitcoins because of Jered his actions. He has fucked my life over in such a way that you cannot imagine. He can go fuck himself. I hate him. He has left me in uncertainty of my own future. I will never forget this last month not knowing if he ran with my cash or not and not knowing if I would be able to provide for my wife and little daughter. I had to borrow money left an right to keep us alive while he was writing quirky messages on his twitter account and here on the board not saying anything about the situation and what was going on. It was really a slap in the face for me.

tl;dr Fuck Tradehill/Jered and fuck Bitcoins.

This is exactly why I feel, and continue to feel, that Bitcoin is suitable only for a minority of people.  Even individuals in the core development team warn that Bitcoin is a new and risky thing which people should not put much money into.

Not only is Bitcoin itself risky, but the transfer of USD (or equiv) into and out of the Bitcoin economy is both theorized and observed to be highly problematic.

While I am glad that you seem to have gotten your money out, and I hope that you patch up your family matters, I do find it reprehensible that you would have chosen to risk so much.  I hope that others will learn from your story.


jr. member
Activity: 43
Merit: 1
Thanks for the wire Jered! If you would have updated your blog earlier you would have kept me as a customer, now I just hope TH will go to hell.

The existence of TradeHill is very good for the market right now in my opinion.

It has been very shit for me and people like me. Dont forget we, the people, make the market. I have totally lost faith in bitcoins because of Jered his actions. He has fucked my life over in such a way that you cannot imagine. He can go fuck himself. I hate him. He has left me in uncertainty of my own future. I will never forget this last month not knowing if he ran with my cash or not and not knowing if I would be able to provide for my wife and little daughter. I had to borrow money left an right to keep us alive while he was writing quirky messages on his twitter account and here on the board not saying anything about the situation and what was going on. It was really a slap in the face for me.

tl;dr Fuck Tradehill/Jered and fuck Bitcoins.
legendary
Activity: 1834
Merit: 1020
Thanks for the wire Jered! If you would have updated your blog earlier you would have kept me as a customer, now I just hope TH will go to hell.

The existence of TradeHill is very good for the market right now in my opinion.
jr. member
Activity: 43
Merit: 1
Thanks for the wire Jered! If you would have updated your blog earlier you would have kept me as a customer, now I just hope TH will go to hell.
legendary
Activity: 1834
Merit: 1020
I see they have reinstated the withdrawal by check option, but...

It now has a fee of $5 Angry

$5 Fee is still pretty nice.  If there are delays from now on you could try to insist upon a refund of the $5 fee.  I think that would be warranted.
full member
Activity: 200
Merit: 100
|Quantum|World's First Cloud Management Platform
I see they have reinstated the withdrawal by check option, but...

It now has a fee of $5 Angry
hero member
Activity: 533
Merit: 500
Saw a check pending from the beginning of January finally show a status of "completed" today.  While requesting pay by check is still not possible under Tradehill, I'm sure they're working on probably the thousands of backlog requests (maybe manually with their new bank).  I'm sure it'll return in time (or so I hope) but 3 weeks of downtime isn't good.
member
Activity: 84
Merit: 10
Finaally got my wires through. Thank you, but please make it a practice to keep your clients informed of the situation... Good day Smiley

-MR.CranE-
legendary
Activity: 1834
Merit: 1020
Indeed, I cannot find a better alternative than the check option that used to be available. Every other option I have looked into requires you jump through a bunch of hoops (with each hoop dinging you with fees) to get your money. I hope the check option gets added back soon.

+1
full member
Activity: 200
Merit: 100
|Quantum|World's First Cloud Management Platform
Indeed, I cannot find a better alternative than the check option that used to be available. Every other option I have looked into requires you jump through a bunch of hoops (with each hoop dinging you with fees) to get your money. I hope the check option gets added back soon.
newbie
Activity: 26
Merit: 0
hope you guys resolve the issue with your bank, the check option is the best way for me to withdraw usd
newbie
Activity: 44
Merit: 0

So Jered, I've requested a withdraw via paxum wallet on Jan-12. You guys restared Withdrawals Operations on Jan 17th, and told us: 'Paxum has a 3 to 5 day delay on receiving our wires', so that means I'll see my money in my Paxum tomorrow?


EDIT: I'VE RECEIVED 5 MINUTES AGO A DEPOSIT IN MY PAXUM WALLET.

THANKS!
member
Activity: 84
Merit: 10
Withdrew all my BTC from TradeHill successfully today.

Lucky you. I have over a grand locked up "In Process" supposedly. Push the damn button to cancel my transactions so I can pull all my shit out & xfer over to cryptoxchange. This is fucking ridiculous. All you need to do is cancel my damn xfers. Ive sent several emails requesting this as well....
legendary
Activity: 1834
Merit: 1020
Withdrew all my BTC from TradeHill successfully today.
member
Activity: 84
Merit: 10
This is getting ridiculous. Im goin out of town for a couple months come Tuesday & Ive been waiting on these xfers to go through since Dec. 27th 2011... Either complete the damn transfers manually or cancel all of them so I can send my money through a more reliable & consistent exchange.... If anything make an appearance here & let us know what's going on... WTF is your deal. This is not a game....
legendary
Activity: 1764
Merit: 1002


NEVER Any Frozen bank account issues!


The Crypto X Change Team

why exactly should we believe this claim?  what procedures do you have in place to prevent this?
legendary
Activity: 2618
Merit: 1007
5 USD or 5 AUD? (well, it's not that much of a difference anyways)

I actually find it a bit rude to advertise in a thread about a competitor in a clearly offtopic way.
legendary
Activity: 1736
Merit: 1000
Truly decentralized stable asset
I pulled out of Tradehell today and went to Crypto X Change based in Australia. 
member
Activity: 84
Merit: 10
Any idea on when our xfers are going to go through. I have someone waiting on a wire for over a grand & I myself am waiting on 2 xfers. 1 Wire to my bank & 1 to my paxum account. Email updates or something would be nice. This is peoples money you're dealing with. We need it to live. I know you guys are trying your best & you've always been helpful, but please make it more of a priority to keep us informed. Especially with the other BTC scandals with bitcoin7 & mybticoin.com. Keep up the good work, please try to get our money out to us ASAP.

-FaerO-
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