www.BITSTAMP.net Bitcoin exchange site for USD/BTC - page 74.

DutchBrat

hero member

Activity: 868

Merit: 1000

Quote from: js1985 on April 12, 2013, 05:05:57 PM

I used bitstamp to withdraw several times before and was quite happy and recommended it to others

BUT in light of the last few days how are things going? are people still able to withdraw? they havent done a runner or anything?

I received a SEPA withdrawal yesterday from April 8th.... still waiting on a wire transfer to be processed (from April 10)

js1985

full member

Activity: 229

Merit: 101

I used bitstamp to withdraw several times before and was quite happy and recommended it to others

BUT in light of the last few days how are things going? are people still able to withdraw? they havent done a runner or anything?

Seth Otterstad

sr. member

Activity: 328

Merit: 250

I just read the whole thread. Good info on pages 2 and 3. I especially liked this response to some tough questions from Stephen, but I see Nejc dodged the question about whether the offline server was airgapped. Does any of this info need to be updated?

Quote from: Nejc Kodric (BitStamp.net) on September 10, 2012, 04:31:28 PM

Dear Stephen,

Bitstamp is very concerned with security and safety of customer funds.

In answer to your questions:

- Bitstamp is using cold storage.

- Bitstamp currently keeps 85% - 90% of bitcoins in cold storage.

- Bitstamp currently has new deposits going to our live wallet. This will change in the near future and new deposits will go directly to cold storage.

- Bitstamp’s offline wallet is installed on a dedicated server that is only turned on when access to the bitcoin client is needed. This server is in a different location than the main server.

- Bitstamp maintains a full reserve of client USD funds and BTC funds.

- Bitstamp maintains a full offsite database backup.

- Bitstamp plans to address the handling of compromises in our forthcoming terms and conditions document.

Thank you for questions.

Best regards,
CEO, Nejc Kodrič
Bitstamp d.o.o.

Quote from: ricklandman on September 06, 2012, 07:58:20 AM

did a few sepa deposits. All where credited to my bitstamp account within 48h. conversion rate E=>$ was less then 0.5% under ecb rate. very satisfied.

Quote from: gusti on August 30, 2012, 12:32:23 PM

Made my first SEPA withdrawal, and funds were credited to my bank account in less than 48 hs.
Congratulations, I will stop using MtGox and switch to this exchange.

I see ricklandman got his Euros converted for under .5%, which is great, as I believe mtgox still has it where they list your order at 2.5% less in currency markets besides the one your order is in. Can you give an estimate of what it would be to convert GBP or AUD?

Are there any plans to support Dwolla?

Can I upload my ID and utility bill and immediately send a wire over 10k? I assume if the wire gets there before someone has gotten around to verifying my account, it will be verified very shortly and I will be able to use the funds?

Also very happy to see that Hazek is working for Bitstamp. That adds a lot of credibility in my opinion. He should make an announcement. I think I will put a link in my sig and start recommending this exchange instead of %*#* mtgox.

hazek

legendary

Activity: 1078

Merit: 1003

Quote from: Remember remember the 5th of November on April 12, 2013, 07:42:26 AM

My SEPA withdrawal was initiated on the 10th of April, is now finished about 30 minutes ago, however it's already ~4PM here. How long till they actually end up in my bank account?

1 to 3 business days is what it usually is for SEPA.

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

My SEPA withdrawal was initiated on the 10th of April, is now finished about 30 minutes ago, however it's already ~4PM here. How long till they actually end up in my bank account?

stephwen

member

Activity: 83

Merit: 10

Quote from: stephwen on April 11, 2013, 02:23:43 AM

FYI, the sepa withdrawal I did 2 days ago is still processing. Be patient, guys Wink

Still "waiting to be processed" Embarrassed

btbrae

hero member

Activity: 680

Merit: 500

Quote from: hazek on April 11, 2013, 07:35:27 PM

Quote from: ?? on ??

WARNING: Bitstamp.net changed bank details overnight on 10-11th April. They have not confirmed what will happen to deposits sent to the old address and those funds may have been locked. Be careful.

Both IBAN still work, transfers sent to the old IBAN should arrive without a problem.

Thanks for confirming, editing post.

hazek

legendary

Activity: 1078

Merit: 1003

Quote from: ?? on ??

WARNING: Bitstamp.net changed bank details overnight on 10-11th April. They have not confirmed what will happen to deposits sent to the old address and those funds may have been locked. Be careful.

Both IBAN still work, transfers sent to the old IBAN should arrive without a problem.

dg2010

sr. member

Activity: 462

Merit: 250

Quote from: solomon on April 11, 2013, 06:12:46 PM

Slovenian laws are far less strict than UK banking regulations. Intersango and Blockchain/Pingit accounts got shut down by UK regulators, and i fear this is going to go the same way. UK is absolutely the last place in europe they should have moved their business.

Regulators? No... No regulators have stepped into the Bitcoin market in the UK.

What has happened is that the banks dealing with these accounts did not want to support it due to the high volume of money moving through the accounts. Banks are very risk averse and if it looks like it could be related to money laundering they don't want anything to do with it.

solomon

full member

Activity: 120

Merit: 100

Slovenian laws are far less strict than UK banking regulations. Intersango and Blockchain/Pingit accounts got shut down by UK regulators, and i fear this is going to go the same way. UK is absolutely the last place in europe they should have moved their business.

xchrix

hero member

Activity: 905

Merit: 1001

i think everything is legit! i met the guys from bitstamp some months ago
nice guys which talked about plans moving to UK because of less strict law i think. so they did this step right now i think..

for me bitstamp is the best exchange out there which i trust the most! even more than mtgox. despite of mtgox is crap Cool

dg2010

sr. member

Activity: 462

Merit: 250

So it's now Bitstamp Limited registered here in the UK, different company. Bank still in Slovenia.

What happened? The company has changed hands? This information should be made clear or people will speculate, considering how much money may be sending you, people must maintain trust.

I am concerned at the moment as I have quite a bit of USD sitting in my account.

NABiT

sr. member

Activity: 350

Merit: 259

New banking details for @Bitstamp clients. https://www.bitstamp.net/article/new-banking-details/

P_Shep

legendary

Activity: 1795

Merit: 1208

This is not OK.

What's happened to dwolla and bitinstant?

DutchBrat

hero member

Activity: 868

Merit: 1000

I did one withdrawal on Sunday, processed Monday, received the money Yesterday... the withdrawal I made Monday was processed Yesterday.... obviously not have the money in my account yet

Both SEPA

So be patient Wink

supert

full member

Activity: 160

Merit: 100

Quote from: supert on April 10, 2013, 03:55:27 AM

It's been over a week and my SEPA transfer has still not appeared in my bitstamp account, though the sending bank received confirmation of receipt.

https://bitcointalksearch.org/topic/m.1785160

-- my bank changed the reference, so the deposit had to be found manually.

So it seems like they will sort these things, but they are busy, so it can be slow.

stephwen

member

Activity: 83

Merit: 10

FYI, the sepa withdrawal I did 2 days ago is still processing. Be patient, guys Wink

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

I would like to ask the same thing as previous poster. Over 24hrs and still processing my SEPA withdrawal request.

yokosan

hero member

Activity: 700

Merit: 500

I made a SEPA withdrawal yesterday.

There have been times when the withdrawal was processed in the same day, so my questions are:

Will the recent crash and influx of people cashing out increase the time until the withdrawal is processed?

Are withdrawals handled in the order that they are received? In other words if the processing time does increase would I be near the front of the queue as it was made yesterday?

Regards.

dg2010

sr. member

Activity: 462

Merit: 250

Quote from: Hawkix on April 10, 2013, 11:17:41 AM

Sorry my ignorance, but right now there are bids at BitStamp HIGHER than asks, so you can sell Bitcoins for $247, while you can buy them for $232 .. whats wrong?

Sometimes the order book is lagged.

Topic: www.BITSTAMP.net Bitcoin exchange site for USD/BTC - page 74. (Read 231282 times)