Bitcoin Forum

Where to escape?

no way to escape all  close

apparently they announced early september but I didn't know. fucking bastards.

now I need to sell my account or something

What, what are u talking bout???

they want your name and address; ID or a proof of residence

I'm now selling my BitStamp account:
https://bitcointalk.org/index.php?topic=307862

Pew, thought that "goxing" was stopping payouts LOL

they DID stop withdrawls.

ya they don't have much of a choice if they don't want to be raided and shutdown cause of stupid laws

KYC and AML rules.

If u want to wash your drug money u will have to use other alts  :P

I can withdraw your money via my Bitstamp, for small tip ;)

can't even transfer between accounts. all withdrawl page says "you need to verify"

PM sent.

My original post was about Bitstam having problems with too many transactions during the recent crash - just like MtGox.

so withdraw your Btc and send me btc to my wallet ... I withdraw usd and send to you via wire or some other method (wallet)

Hello, yes sorry for offtopic-ing your topic .. :P

I made several bitstamp withdrawals and all were without problem. Processed same day, money arrived to my bank account in 2 - 3 days !!


So my experiences with bitstamp withdrawals - very very good !

You've submitted your identification for verification with them?

I believe once you are verified they release money rather fast.

Dear Four,

The grace period for deposits/withdrawals was announced on 4th of September in our news section, on our Facebook page, on our g+ account, on reddit, on bitcointalk.org and on our twitter account and this period has now with the 30th of September ended.

In order to provide a high quality and reliable service we would kindly ask you to please verify your account before requesting deposits/withdrawals.

If you should need our assistance doing so please feel free to ask.

Best regards,
Benedikt Potisek

Great, I better watch Chase bank's twitter because apparently banks might announce some restrictions I'd need to know about on social networks and not to me directly that would freeze my account!

bitstamp ridiculous.

It's not like it was all over bitcointalk ever since september 4th or anything...

it's not like I have a life to live besides reading and scouring bitcointalk

Basically, they are blackmailing customers: give me copies of your personal documents or say goodbye to your money. Paypal and Gox do the same thing. The only correct way to implement a new KYC policy is to freeze the selling of bitcoins, but still allow bitcoin withdraws and the buying of bitcoins with fiat in order to withdraw.

yup; which is why i'm boycotting their service now

email notification about the change would have been nice ... not like it's some small change to the service.

I just don't want to send my scanned passport, what to do now? :/

how much do you got with them?

I also ceased trading at Gox and Bitstamp.

How are they goxing?
USD withdrawals processed and arrived within 3 business days, can't even get it processed by MtGox after waiting for 3 months.
Bitcoins withdrawals processed almost instantly, can't even get MtGox broadcast it on blockchain after waiting for 5 hours.

I used bitstamp today without issue.

Totally agreed, this is a complete scam.  They have stolen our coins.

They know how to email all their customers.  They've emailed me several times, at least once a month for the last year.  But when announcing a policy change that has a chance of trapping peoples' coins on the equity side of their balance sheet, they want to "be social" and "share" instead of using the most direct and reliable communication mechanism.

Now they've basically stolen my money and won't give it back unless I send enough high-resolution documentation to steal my identity to some dude in Slovenia.

I've offered to let them wire the funds to my US-based bank, which has full AML documentation for me on file and who will confirm that I am the signatory for the account.

I want to stop using bitstamp and get my coins back.  They're refusing to close my account.  Scam scam scam.

I wonder what an identity packet sells for in Eastern Europe these days.  Especially one from someone who has a decent job and some money?

Thank god I didn't make the mistake of considering Bitstamp.  I did eventually capitulate and send some docs to Mt. Gox after years of holding out.  Not that it did me much good...no wire yet after several months of waiting.  My gut sense is that Mark would not stoop so low as to sell my identity information, and I hope he's got data security figured out a little bit better with several years of experience under his belt.  But even if both of these are true, he certainly employs people and it's always possible that one of them would decide to take personal compensation into their own hands.

What he said.

I got my recent withdrawal in 1-2 days. Giving my info was a pain in the ass, they bounced back my docs 2 times, but those were my mistakes.
Show me an anonymous way to convert to fiat without bank transfer commissions, as I do have the need to pay my bills time to time.

Btc-e does SEPA but for orders of 500eur minimal.

Localbitcoins suck so much donkeyballs that I won't even start.

I'm completely ok with Bitstamp from the very start and even after these changes.

EDIT:
And what would be the difference between this and sending your data yourself?

Huh?  The bank would not send the documentation (to an unknown individual in Eastern Europe in this case.)  They would simply take on the role of verifier such that the exchange could be confident that they are sending funds to a positively identified individual.

This should be a perfectly satisfactory solution both for exchanges and for regulators if simply solving the KYC issue were desired.  For fiat movement in the e->c direction at least.  Regulators might be pushing on exchanges for harrassment reasons, or exchanges may simply not be terribly broken-hearted that they cannot send out funds and have to instead sit on them and/or obtain high quality docs which themselves could have significant value in certain kinds of exit events.

LOL @ the amount of FUD in this thread.
A sour LOL, though.

They should allow people to close their accounts and should send their bitcoins to an external address indicated by the customer. Keeping their customers bitcoins is stealling, pure and simple.

Or, you could just get verified.
We're talking about a legal company trying to exchange your money without getting closed in the meantime, what were you really expecting?
Either you go full legal or full illegal, if you stay in-between you'll be crashed.

Just for the record, slovenia is central europe (http://en.wikipedia.org/wiki/Central_Europe) (and is in fact a lot more west than other central europe countries), not eastern europe, since you've made that mistake at least twice now already.

Apologies.

Sure, but it was part of the soviet block, and it is pretty common to talk about the whole block as "eastern europe".

Bitcurex (https://eur.bitcurex.com) with BCC VISA card?  I have been using Bitcurex for years.  They never asked for any papers.  You can trade directly in EUR as well.  No currency conversion fee.

Never heard of it, will look into. Although if they are a growing exchange they may and in a same way as stamp and gox. It's a big european union country after all.

http://en.wikipedia.org/wiki/Slovenia#cite_note-22

Looks like I was incorrect either way, and again, I apologize.  I meant to indicate that although I am sensitive to sending my identity documents to anyone, sending them to an unknown individual in any of the countries in that region would make me extra nervous.  That because it seems like an excessive amount of computer fraud and theft originates from that region.  Rightly or wrongly that is my impression.

The most memorable thing I recall about Slovenia is that I had a classmate from around that area when I was in college and she was especially attractive.

We kindly ask users who are unable to verify their account but have a balance with Bitstamp to please submit a support ticket here: https://www.bitstamp.net/support/ where you will be given further instructions for the resolution of your case.

Agreed, totally different situations.  They're just complying with AML/KYC/BSA.  If you're doing everything legally you have nothing to worry about.

whew, i thought this thread was going to be about bitstamp not paying out.

In the MtGox case that happened long time after 'goxing'.

… except identity theft.

100% bullshit.  I submitted FIVE TICKETS all 24 hours apart and EVERY SINGLE ONE was answered with a cut-and-paste reply telling me to send you identity-theft-enabling documents.  Finally I had to hack your API (https://bitcointalk.org/index.php?topic=309270.msg3318084#msg3318084) to get my coins back.

The "further instructions" are a hoax.

You people are thieves.  Get lost.

Being unable and being unwilling to verify are two very different things.

I'd love to see you run an exchange the way you expect them to run it and see how long it takes before you end up in prison. Please, just do it!

Wow, glad that some people were able to get around it this way. How is Bitstamp going about dealing with people who can't verify?

Looks like Bitstamp is overloaded again. Let's hope the BTCChina will work today - otherwise I suspect a delays and uncertainty induced crash like in April.

It's not ddosed completely, it works, albeit very slow
but manageable.

Having problems again? ??

Maintenance / upgrades:
https://twitter.com/Bitstamp/status/394106630033252352

Bitstamp works fine with me. If you are afraid to send them your identity card because you think that they will use your identity for fraud, that is also how they think of you. They don't want bitcoiners to use bitstamp.net as a way to wash dirty money.

Someone really should start an exchange with an n log n matching algorithm instead of the amateur n^2 (or maybe even bigger in the case of MtGox) that is probably killing both MtGox and Bitstamp on heavy days.

If they want customers who are simpletons and will trust them without question then there may be a reason for that.

The first thing I do when looking at an outfit is to do a whois to see if they are cloaked then check the 'about us' part of their website to see if they use an apparent foreign shell company and if anyone will use their real name.  Bitstamp seems to come up short on both these tests.

We say: "What's good for the goose is good for the gander."

---

I expected to have to give Coinbase my identity docs, but felt a bit better about doing so since the principles have used their real names.  As it happens, I can buy and sell BTC without even giving up such docs.  Better yet, I get a uniformly better price for BTC sales on Coinbase than I would at Bitstamp, and it's vastly more simple, fast, and convenient.  If they had been more clear about their capabilities, I'd have become a customer much sooner.