www.BITSTAMP.net Bitcoin exchange site for USD/BTC - page 60.

w8ks6

newbie

Activity: 32

Merit: 0

Quote from: bernard75 on September 05, 2013, 12:59:29 PM

And again what do Nazi US regulations got to do with a company based in Slovenia with a bank based there aswell?

It has everything to do with US regulations, because Bitstamp deals in USD, and has many US customers. It would have to drop all of them, if it were to decide not to submit to Big-Brother Central regulations.

Secondly, if you look at the Bitstamp TOS, you won't see Slovenia mentioned. You will see that they are subject to UK England laws under Regulation and Jurisdiction sections.

Furthermore, it says that "The Services we provide are currently unregulated within the UK." So, if they have no regulatory pressure in the UK, they would not have announced verification right after the Bitcoin Foundation meeting with the Washington regulatory cabal.

And please, no nonsense about how that was just a coincidence. Roll Eyes

bernard75

legendary

Activity: 1316

Merit: 1003

Its hard to forget that, but that had nothing to do with US regulations.

bernard75

legendary

Activity: 1316

Merit: 1003

And again what do Nazi US regulations got to do with a company based in Slovenia with a bank based there aswell?

Edit: And please no Google spy support or special hardware please.

w8ks6

newbie

Activity: 32

Merit: 0

Quote from: w8ks6 on July 08, 2013, 12:18:18 PM

@Nejc Kodric Please announce well in advance when you will be forced to comply with the US regulations, and require all kinds of verification even to withdraw BTC, the way gox was. I want to be able to leave Bitstamp before that hassle starts. Thanks.

Thank you for the advanced warning! Will withdraw all funds before that verification mess starts. It was nice on Bitstamp, while we were free of the Big Brother.

Buster

newbie

Activity: 56

Merit: 0

Bitstamp:

Any plans on adding Yubikey support for two factor auth?

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Quote from: Loozik on September 04, 2013, 07:23:30 PM

Quote from: kakobrekla on September 04, 2013, 03:06:47 PM

Nah, just change up the CSS a bit, that will do.

CSS meaning Cascading Style Sheet, Customer Service System, Combat Support System, yet something else?

The first. Bitstamp guys:

Quote from: bernard75 on September 04, 2013, 11:45:06 PM

Careless Support System

lolz

bernard75

legendary

Activity: 1316

Merit: 1003

Careless Support System

Loozik

sr. member

Activity: 378

Merit: 250

Born to chew bubble gum and kick ass

Quote from: kakobrekla on September 04, 2013, 03:06:47 PM

Nah, just change up the CSS a bit, that will do.

CSS meaning Cascading Style Sheet, Customer Service System, Combat Support System, yet something else?

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Quote from: Loozik on September 03, 2013, 07:53:49 AM

Quote from: bernard75 on September 03, 2013, 07:24:37 AM

Thats a fee for accepting USD and no there is no deposit fee for EUR.

This is all a bit strange at Bitstamp.
They should finally start trading in EUR, which would eliminate all the strange conversion fees.

1. I have a problem with the exchange rate of their bank: http://www.unicreditbank.si/tecajna_lista/?t=1&id_menu=&language=ENG The spread as of today is 108 pips. This looks like a standard exchange rate for an average small and medium enterprise that has one small transaction per month. This is a robbery - the spread on your MT4 at the most shitty bucket shop is 5 pips. My spread is 0.5 pip for EURUSD.

2. I suspect Bitstamp gets much better rates from their bank given Bitstamp's scale of operations. Besides their bank is a member of CLS. The real spread for Bitstamp and their clients should be below 5 pips.

3. The fee for accepting funds - WTF? When you trade via Interactive Brokers (or other retail brokers) or all institutional brokers in fiat economy you get paid interest on your unused funds! It is unheard of to be charged for depositing money!

4. If Bitstamp wants to earn money, they should charge more for their exchange fees, not use the cheap banking tricks.

Nah, just change up the CSS a bit, that will do.

Loozik

sr. member

Activity: 378

Merit: 250

Born to chew bubble gum and kick ass

Quote from: bernard75 on September 03, 2013, 07:24:37 AM

Thats a fee for accepting USD and no there is no deposit fee for EUR.

This is all a bit strange at Bitstamp.
They should finally start trading in EUR, which would eliminate all the strange conversion fees.

1. I have a problem with the exchange rate of their bank: http://www.unicreditbank.si/tecajna_lista/?t=1&id_menu=&language=ENG The spread as of today is 108 pips. This looks like a standard exchange rate for an average small and medium enterprise that has one small transaction per month. This is a robbery - the spread on your MT4 at the most shitty bucket shop is 5 pips. My spread is 0.5 pip for EURUSD.

2. I suspect Bitstamp gets much better rates from their bank given Bitstamp's scale of operations. Besides their bank is a member of CLS. The real spread for Bitstamp and their clients should be below 5 pips.

3. The fee for accepting funds - WTF? When you trade via Interactive Brokers (or other retail brokers) or all institutional brokers in fiat economy you get paid interest on your unused funds! It is unheard of to be charged for depositing money!

4. If Bitstamp wants to earn money, they should charge more for their exchange fees, not use the cheap banking tricks.

bernard75

legendary

Activity: 1316

Merit: 1003

Thats a fee for accepting USD and no there is no deposit fee for EUR.

This is all a bit strange at Bitstamp.
They should finally start trading in EUR, which would eliminate all the strange conversion fees.

Loozik

sr. member

Activity: 378

Merit: 250

Born to chew bubble gum and kick ass

Quote from: Buster on September 03, 2013, 05:25:56 AM

Quote from: Loozik on September 01, 2013, 08:00:29 PM

are they free to choose to wire USD funds (not EUR) using international money transfer?

Yes, with a 0.1% deposit fee (minimum $15).

Thanks. By saying a 'deposit fee' you mean a 'transfer fee' or a fee for storing / depositing funds at Bitstamp's bank? If the latter, do you also pay a fee for storing / depositing EUR at Bitstamp's bank?

Buster

newbie

Activity: 56

Merit: 0

Quote from: Loozik on September 01, 2013, 08:00:29 PM

Is it mandatory for Bitstamp customers living in the SEPA zone to send EUR to Bitstamp via SEPA

Not mandatory.

Quote

are they free to choose to wire USD funds (not EUR) using international money transfer?

Yes, with a 0.1% deposit fee (minimum $15).

Loozik

sr. member

Activity: 378

Merit: 250

Born to chew bubble gum and kick ass

Is it mandatory for Bitstamp customers living in the SEPA zone to send EUR to Bitstamp via SEPA (and then have their Euros converted into dollars at Unicredit Bank's ''extremely competitive'' rates)

OR

are they free to choose to wire USD funds (not EUR) using international money transfer (and not experience the ''benefits'' of being converted)?

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: ?? on ??

I really appreciate the good work Bitstamp is doing but this trading without option of stop loss order is unacceptable! For some people Bitcoin is their first and only commodity they're invested in, the risk of losing their investment overnight is actually what stops them from believing in this new currency and eventually makes the market so volatile. Offering stop loss order would bring a lot of clarity and stability to the exchange and overall Bitcoin value. Please, get your best and brightest working on it.

For a kick off, stop loss orders are most useful for leveraged investments like futures, options, CFDs, spread bets.

Secondly, you can't go short on Bitstamp, so the only panic exit you can take is to sell when the market is falling. Well, at 1:1 if you can't afford to take a (probably temporary) loss on your BTC investment then DON'T BUY in the first place.

BTC is the strongest currency in the world. If you are going to panic while owning some - then stay out and watch. Meanwhile your fiat is being eroded in real-terms. That is the real risk.

Joe200

sr. member

Activity: 317

Merit: 252

What's the best way to deposit money from an American bank? My bank does not seem to do international wires.

TheFootMan

hero member

Activity: 490

Merit: 500

How long does it take usually before deposits are credited to the Bitstamp account in the Euro Zone?

What are the withdrawal limits of unverified users pr. time unit, is this also applyable to bitcoin withdrawals?

How long time does it take to become verified, and what are the steps involved?

GodHatesFigs

full member

Activity: 557

Merit: 101

Sigh, I guess I'll stick to localbitcoins then

bernard75

legendary

Activity: 1316

Merit: 1003

Thats a common misconception. It must cost the same as an inland transfer but only in countries that have adopted the Euro.
Congrats on the pound. Wink

Nonetheless more banks adopt it, because from 2014 on they will be forced to(if the Euro still exists ofc).

GodHatesFigs

full member

Activity: 557

Merit: 101

It seems my UK bank (Lloyds TSB) - want to charge me £19 to send money via SEPA to BitStamp. I was under the impression that it should be free to send funds - can any UK user comment?

Topic: www.BITSTAMP.net Bitcoin exchange site for USD/BTC - page 60. (Read 231282 times)