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Economy => Trading Discussion => Topic started by: TangibleCryptography on June 05, 2012, 01:11:24 PM



Title: CampBX. Dwolla deposit problems?
Post by: TangibleCryptography on June 05, 2012, 01:11:24 PM
I opened a CampBX account and deposited via Dwolla.  Dwolla shows cleared but CampBX shows no balance, no pending tx, no "nothing".

Is CampBX having Dwolla problems too?

I didn't find a CampBX support thread but if one exists and mods wish this can be moved there.


Title: Re: CampBX. Dwolla deposit problems?
Post by: Steve on June 05, 2012, 02:06:21 PM
Looks like a great arbitrage opportunity between campbx and mtgox right now.  And bitfloor too.


Title: Re: CampBX. Dwolla deposit problems?
Post by: TangibleCryptography on June 05, 2012, 02:34:39 PM
Looks like a great arbitrage opportunity between campbx and mtgox right now.  And bitfloor too.

Do you hate me Steve?  :)  Why do you think I deposited?

CAMP BX credit my account before I freak out!


Title: Re: CampBX. Dwolla deposit problems?
Post by: Maged on June 05, 2012, 05:02:23 PM
It takes a few hours, don't worry. I did the same thing as you are doing, last night  :P


Title: Re: CampBX. Dwolla deposit problems?
Post by: epetroel on June 05, 2012, 05:04:17 PM
Me too, so I suppose it's down to whos deposit clears first gets the cheap coins :)


Title: Re: CampBX. Dwolla deposit problems?
Post by: tvbcof on June 05, 2012, 05:12:22 PM
Me too, so I suppose it's down to whos deposit clears first gets the cheap coins :)

I wonder it Keyar would accept a kickback.  Of course it would be unethical to simply take the play himself.

It looked to me like in order to play the arbitrage game, one would need to trust a lot of money to a lot of exchanges, and also to have a lot of money in various pipe-lines (where everyone takes their cut.)  So I decided against it back in the Tradehill days and have lost what little interest I had in the times since.



Title: Re: CampBX. Dwolla deposit problems?
Post by: rjk on June 05, 2012, 05:13:48 PM
The most effective way to arbitrage is to have large buckets of money in each exchange, and don't often deposit or withdraw. But that opens you up to all kinds of risk.


Title: Re: CampBX. Dwolla deposit problems?
Post by: datafish on June 05, 2012, 05:17:22 PM
The most effective way to arbitrage is to have large buckets of money in each exchange, and don't often deposit or withdraw. But that opens you up to all kinds of risk.

This, and place simultaneous buy and sell orders on the two exchanges.



Title: Re: CampBX. Dwolla deposit problems?
Post by: epetroel on June 05, 2012, 05:30:48 PM
The most effective way to arbitrage is to have large buckets of money in each exchange, and don't often deposit or withdraw. But that opens you up to all kinds of risk.

This, and place simultaneous buy and sell orders on the two exchanges.



The biggest problem here is how hard it is to move currency between exchanges.  BitInstant makes it easy, but the fees are high enough that they often eat any profit you might get at arbitrage.  The best thing going now is Dwolla, but with MtGox taking 7 days to process Dwolla withdrawals, it makes it pretty hard to react.


Title: Re: CampBX. Dwolla deposit problems?
Post by: miscreanity on June 05, 2012, 05:38:40 PM
I opened a CampBX account and deposited via Dwolla.  Dwolla shows cleared but CampBX shows no balance, no pending tx, no "nothing".

Intersango has had some delays also, but smaller transfers (<$1k) still go through within a couple of days. From the CampBX FAQ:

Quote from: CampBX FAQ
Dwolla is low-cost provider tightly integrated with CampBX. Your Dwolla tranfers appear in your CampBX account within 4 hours, and cost 25 cents per transfer.
However, please note that the first transfer may take up to 30 days due to rule changes by Dwolla.

The 4 hour estimate is unreliable at best. I'm assuming the 30 day delay is exclusively on the Dwolla side, not CampBX waiting 30 days from receiving a transfer request. Your best option may be to open a support ticket (https://campbx.kayako.com/Tickets/Submit) to inquire.


Title: Re: CampBX. Dwolla deposit problems?
Post by: Rygon on June 06, 2012, 01:32:06 PM
Using Dwolla has been frustrating at best. I've sent money twice through Dwolla to Intersango and each time has taken over a week before it cleared, and I've had to send additional verification information. I just wish they were more clear up front with what they require and how long it will take. I'm currently waiting on a third transfer through Dwolla, and a day later they were asking for more verification. Why couldn't they have just done that from the start??

I understand that there will always be special situations where additional verification is needed. But every single time when I'm doing a pretty standard transfer???


Title: Re: CampBX. Dwolla deposit problems?
Post by: TangibleCryptography on June 06, 2012, 01:35:56 PM
Well I got the funds deposited but I would like to advertise a hidden limitation of CampBX.

Don't deposit thinking you can use them for an arb opportunity.  Your withdraw limit is $0 and 0 BTC on new accounts.  I have been advised that might be lifted in 2-3 days.   While they are free to set any policy they like I would appreciate a warning BEFORE moving funds there which then ended up getting trapped.

I missed most of the low priced BTC asks and now have BTC trapped on the site while I could be getting at least somewhat higher rates on another exchange.

Frustrating to say the least.  With policies like this I don't think CampBX is going to put a dent in MtGox marketshare.


Title: Re: CampBX. Dwolla deposit problems?
Post by: Maged on June 06, 2012, 09:51:09 PM
Wow. Makes me glad that I managed to remember my CampBX password after all this time...


Title: Re: CampBX. Dwolla deposit problems?
Post by: nmat on June 07, 2012, 01:19:58 AM
Well I got the funds deposited but I would like to advertise a hidden limitation of CampBX.

Don't deposit thinking you can use them for an arb opportunity.  Your withdraw limit is $0 and 0 BTC on new accounts.  I have been advised that might be lifted in 2-3 days.   While they are free to set any policy they like I would appreciate a warning BEFORE moving funds there which then ended up getting trapped.

I missed most of the low priced BTC asks and now have BTC trapped on the site while I could be getting at least somewhat higher rates on another exchange.

Frustrating to say the least.  With policies like this I don't think CampBX is going to put a dent in MtGox marketshare.

This doesn't make much sense... Why would they delay withdrawals instead of deposits? Anyway, this should be added to their FAQ.


Title: Re: CampBX. Dwolla deposit problems?
Post by: cryptoanarchist on June 08, 2012, 12:49:04 PM
The fact such a large gulf exists between mtgox and campbx is evidence of how shitty dwolla is for moving money.

I've been keeping large chunks in each, but I did all my buying at campbx almost a week ago. I refuse to use dwolla even for a sweet arbitrage opportunity.

Why isn't campbx hooked up with bitinstant?


Title: Re: CampBX. Dwolla deposit problems?
Post by: Troll Toll on June 08, 2012, 02:28:15 PM
I only use campbx. Love the service, have never had any issues.


Title: Re: CampBX. Dwolla deposit problems?
Post by: cryptoanarchist on June 08, 2012, 11:57:57 PM
I only use campbx. Love the service, have never had any issues.

They're alright, but they need better deposit methods than dwolla and money orders. But they're part of the statist faction of exchanges, so it probably won't happen.


Title: Re: CampBX. Dwolla deposit problems?
Post by: TehZomB on June 09, 2012, 12:50:10 AM
I agree. Liberty Reserve deposit/withdrawl would be nice.


Title: Re: CampBX. Dwolla deposit problems?
Post by: JWU42 on July 06, 2012, 02:38:05 PM
Deposits are still an issue...

Not a new account and only had 2/3 of my deposit credited yesterday and none of my second deposit from last evening.  No responses to my tickets either.

So be aware if you are hoping for immediate availability from a DWOLLA deposit.

Conversely, last week after depositing via Chase to bitfloor I was trading in 20 minutes.  ;D


Title: Re: CampBX. Dwolla deposit problems?
Post by: epetroel on July 06, 2012, 04:08:10 PM
Deposits are still an issue...

Not a new account and only had 2/3 of my deposit credited yesterday and none of my second deposit from last evening.  No responses to my tickets either.

So be aware if you are hoping for immediate availability from a DWOLLA deposit.

Conversely, last week after depositing via Chase to bitfloor I was trading in 20 minutes.  ;D

Interesting, I've been depositing there almost daily and have had zero problems - they all seem to be credited within a few hours (a day tops)


Title: Re: CampBX. Dwolla deposit problems?
Post by: chungenhung on July 10, 2012, 03:05:48 PM
dwolla is very misleading. On the deposit to CampBX page, Dwolla website shows that funds "clears immediately".
I am still waiting for Campbx to credit my account. How is that "immediate"?


Title: Re: CampBX. Dwolla deposit problems?
Post by: DeathAndTaxes on July 10, 2012, 03:12:16 PM
It isn't Dwolla being misleading.  CampBX did get the funds immediately and then made you wait.

I gave up on using CampBX for arbitrage.  I can see delays/holds on withdrawals but on deposits? Meh.


Title: Re: CampBX. Dwolla deposit problems?
Post by: JWU42 on July 10, 2012, 04:56:57 PM
It was KYC limits on deposits of $1,000 per 24 hours...  ???


Title: Re: CampBX. Dwolla deposit problems?
Post by: chungenhung on July 10, 2012, 08:16:22 PM
dwolla is very misleading. On the deposit to CampBX page, Dwolla website shows that funds "clears immediately".
I am still waiting for Campbx to credit my account. How is that "immediate"?
i got my funds in.


Title: Re: CampBX. Dwolla deposit problems?
Post by: thezerg on July 11, 2012, 03:51:17 PM
worked for me but took about 8 hours...


Title: Re: CampBX. Dwolla deposit problems?
Post by: BCB on August 15, 2012, 01:55:16 PM
I regularly use CampBx and have been mostly satisfied with their service and low bid prices.

I don't think I've ever waited more then a few hours for a dwolla deposit, and short of walking to a bank or CVS with CASH I know of no faster way to convert fiat to BTC  with the exception of p2p trades.

I was recently blocked for "Verification"  during a trade.  I emailed  a notarized copy of my passport and electric bill (as I've had to do with almost every other service/exchange when you get to certain levels) and I was back in business in 24 hours.

I've interacted with support for account and api issues and always found them to be prompt and responsive.

Just my 2c


Title: Re: CampBX. Dwolla deposit problems?
Post by: Keyur @ Camp BX on August 16, 2012, 09:23:51 AM
I regularly use CampBx and have been mostly satisfied with their service and low bid prices.

I don't think I've ever waited more then a few hours for a dwolla deposit, and short of walking to a bank or CVS with CASH I know of no faster way to convert fiat to BTC  with the exception of p2p trades.

I was recently blocked for "Verification"  during a trade.  I emailed  a notarized copy of my passport and electric bill (as I've had to do with almost every other service/exchange when you get to certain levels) and I was back in business in 24 hours.

I've interacted with support for account and api issues and always found them to be prompt and responsive.

Just my 2c


Thank you BCB!

On a side note, we caught two bugs in Dwolla code in last couple of months.  One of the bugs affected our ability to see deposits activity altogether, which led to several deposits being delayed in July.  Hope Dwolla can stabilize their code base fast.



Title: Re: CampBX. Dwolla deposit problems?
Post by: bitster on August 16, 2012, 06:07:35 PM
Ive only been using campbx only recently and had only positive experiences with them so far. Funds that were transferred took only a few hours from dwolla at most.


Title: Re: CampBX. Dwolla deposit problems?
Post by: hottweelz on September 05, 2012, 08:00:02 PM
I'm in the process of testing CampBX now.  Remember, I'm new and have a steep learning curve.
I have recently verified my accounts in DWolla and initiated a deposit today.  (not sure how many days it will take for them to take my money)

I intend on then using CampBX to take it FROM Dwolla.

Again, I'm totally new to all of this so I'm "learning"

The reason I chose CampBX is that they are in Georgia and I have to backup my neighbors ;)

I'm new to GA (From NYC) and I'm new to Bitcoin.  I hope this works...... 


Title: Re: CampBX. Dwolla deposit problems?
Post by: 420 on December 06, 2012, 07:51:41 PM
I'm in the process of testing CampBX now.  Remember, I'm new and have a steep learning curve.
I have recently verified my accounts in DWolla and initiated a deposit today.  (not sure how many days it will take for them to take my money)

I intend on then using CampBX to take it FROM Dwolla.

Again, I'm totally new to all of this so I'm "learning"

The reason I chose CampBX is that they are in Georgia and I have to backup my neighbors ;)

I'm new to GA (From NYC) and I'm new to Bitcoin.  I hope this works...... 

How was your experience?