Bitcoin Forum

Economy => Service Discussion => Topic started by: bnjmnkent on September 10, 2013, 02:20:50 PM



Title: Bitstamp.net 's Legitimacy
Post by: bnjmnkent on September 10, 2013, 02:20:50 PM
Hello everybody,

I can't find a reference that bitstamp.net truely visited the
bitcoin2013 conference, as they stated on facebook.

Could this be a scheme to gain credibility, or am I over-
looking something?

Your references that help clarify this issue are highly
appreciated.
Yours,
Benjamin

Edit: Removed comment


Title: Re: Bitstamp.net 's Legitimacy
Post by: marcovaldo on September 10, 2013, 04:21:32 PM
Does it matter?


Title: Re: Bitstamp.net 's Legitimacy
Post by: prophetx on September 10, 2013, 05:03:58 PM
Hello everybody,

I can't find a reference that bitstamp.net truely visited the
bitcoin2013 conference, as they stated on facebook.

Could this be a scheme to gain credibility, or am I over-
looking something.

Your references that help clarify this issue are highly
appreciated.
Yours,
Benjamin

says the man with 13 posts...


Title: Re: Bitstamp.net 's Legitimacy
Post by: bnjmnkent on September 10, 2013, 05:11:34 PM
:(
I am not saying, I am asking.

Now for the more serious first answer:
It matters to me. Obtaining correct information, no matter how large or
small can help profile an entity. In a financial environment attention to
detail should be a strict requirement.

It looks like they registered with the identity provider gbgroup that itself is registered
as I found out here: http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo
--
GB Group plc
A Company registered in England and Wales, 2415211.

Registered Office Address:
GB House,
Kingsfield Court
Chester Business Park
Chester
CH4 9GB
--

I am checking now, if bitstamp.net is a client of this company. If they really are, it solidifies my
impression of bitstamp.net as a candidate exchange.

Might I ask your trusted-exchange-selection algorithm, please?


Title: Re: Bitstamp.net 's Legitimacy
Post by: Kris on September 10, 2013, 06:52:04 PM
We ate pizza with them over there, if it will be of any usefulness to you.


Title: Re: Bitstamp.net 's Legitimacy
Post by: kakobrekla on September 10, 2013, 07:37:41 PM
Their CSS is ok. Nothing else really matters. Apparently.


Title: Re: Bitstamp.net 's Legitimacy
Post by: bnjmnkent on September 11, 2013, 12:38:28 PM
Kris, thank you for your information. No offense and with due
respect, it is not useful without further action.

But: Using the information above about gbgplc and
http://www.gbgplc.com/news/gb-news/bitstamp-selects-gbgroup-to-set-identity-verification-standards-in-bitcoin-trading-market

makes me more confident.

Cheers Benjamin


Title: Re: Bitstamp.net 's Legitimacy
Post by: Mooshire on September 11, 2013, 01:34:32 PM
Their CSS is ok. Nothing else really matters. Apparently.

Unfortunately so many websites are judged like this lol


Title: Re: Bitstamp.net 's Legitimacy
Post by: QuantumKiwi on September 12, 2013, 02:58:37 AM
It seems that Kris from BIPS had pizza with them. But that doesn't count? lol

I've been in communication with them before relating to phishing sites targeting their site, they are indeed legit.



Title: Re: Bitstamp.net 's Legitimacy
Post by: bnjmnkent on September 12, 2013, 03:59:06 AM
No offense and with due respect, it is not useful without further action.

"Without further action" is the important part here. It means that without further action on
my side (invested time), how can I verify Kris to be the Kris.

I postponed looking into him and his corporation, after I found confirmation of bitstamp.net
joining forces with gbgplc (as provided in my post above).



Title: Re: Bitstamp.net 's Legitimacy
Post by: bnjmnkent on September 14, 2013, 03:37:12 AM
Wow, I finally came around reading up on BIPS. I am positively impressed,
even though I have not tried this service yet.
Thank you Kris.


Title: Re: Bitstamp.net 's Legitimacy
Post by: MemoryDealers on September 14, 2013, 06:43:10 AM
The Bitstamp guys are %100 trustworthy,  and were present at the San Jose Bitcoin conference.
I've done lots of business with them and everything goes smoothly every time.

5 stars for Bitstamp.net (http://Bitstamp.net)


Title: Re: Bitstamp.net 's Legitimacy
Post by: prophetx on September 14, 2013, 07:54:33 AM
:(
I am not saying, I am asking.

Now for the more serious first answer:
It matters to me. Obtaining correct information, no matter how large or
small can help profile an entity. In a financial environment attention to
detail should be a strict requirement.

It looks like they registered with the identity provider gbgroup that itself is registered
as I found out here: http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo
--
GB Group plc
A Company registered in England and Wales, 2415211.

Registered Office Address:
GB House,
Kingsfield Court
Chester Business Park
Chester
CH4 9GB
--

I am checking now, if bitstamp.net is a client of this company. If they really are, it solidifies my
impression of bitstamp.net as a candidate exchange.

Might I ask your trusted-exchange-selection algorithm, please?

I do not see a question mark in your entire original post, therefor you are not asking :P

My algorithm?  How about: 90% of the time when I call with an issue someone picks up the phone. That someone speaks very good English. And the problem, sometimes having to do with banks and funds, is resolved in under 1 hour typically.


Title: Re: Bitstamp.net 's Legitimacy
Post by: joesmoe2012 on September 14, 2013, 08:52:46 AM
I've been using bitstamp for a while, no issues here at all.


Title: Re: Bitstamp.net 's Legitimacy
Post by: bnjmnkent on September 14, 2013, 12:29:06 PM
:(
I am not saying, I am asking...

Quote
I do not see a question mark in your entire original post, therefor you are not asking :P ...
You are right, I changed the dot to a question mark. Actually, cases exist in which
no question mark is needed. Please see the original post.

Quote
My algorithm?  How about: 90% of the time when I call with an issue someone picks up the phone. That someone speaks very good English. And the problem, sometimes having to do with banks and funds, is resolved in under 1 hour typically.
Thank you for your information. Please tell me where I can find the phone number, I checked:
  • faq
  • support section
  • about-us
  • facebook
All I can find is either a contact form or an email address.
Your answer is highly appreciated.


Title: Re: Bitstamp.net 's Legitimacy
Post by: bnjmnkent on October 31, 2013, 10:06:41 AM
Update:
Somewhat buried in an interesting talk http://www.youtube.com/watch?v=Tume6vspgeg (http://www.youtube.com/watch?v=Tume6vspgeg),
the CEO of bitstamp.net drops some words on the legal framework within the EU.