Well, since christmas is coming, a lot of people sold their BTC in order to buy gifts for their family/friends.
But this is quite a drop...

Thats pretty crazy, so i guess history repeats itself. Do they still do this but at selective times?

I remember there was a time when, they supposedly ran out of bitcoins to fulfill or something.

why did not you used escrow. he is not trusted

IMO if most traders would go 20:1 leveraged, most traders would go bankrupt and then price would collapse.

I'm going to assume these are fraudulently obtained.

$250 USD for a good condision smsung galaxy s4 makes me courious , u can sell this on ebay for more

thanks for that information.


I did read cash deposits at the bank are reverisible though.. so thats not true?  There was a reddit about a guy that said the person who deposited cash into that person bank acct, later just went back to bank and told them they made wrong deposit to persno and had receipt then bank reversed it.  I read later the person who sold the btc eventually was able to get the money back somehow.  Are u familar with this story?  I beliv it was bank of ameirca


Yes bank transfers i meant with someone trustworthy.  So if thats the case, then the rate is pretty close to cash rate then.  However if ppl are selling it for boa online trnasfer, arent they always looking for like 5 percent vig?  Thus your 1000 boa online for 950 worth of btc?  Thus ppl who sell it always sell it through premium?


I checked localbitcoins webiste in my area and it always has ppl selling it higher than the current buying rate on coinbase.  But shouldnt that alway be the case?  Example btc is 350 and most sellers are selling it for 360+ at the very minimum.

If you are using skype then you are almost certainly not a "ghost". It is my understanding that skype does not accept connections from tor exit nodes, and you will need to trust any VPN when they say they do not keep logs (if that is how you are keeping yourself a "ghost")

you completed $200k in deals and can't give the kid 5k ? 

Thanks!

I sold Ukash and I'm done for now.

How fast is a WU or Moneygram transaction? Is it anonymous or ID is requested?

I know that there have been a number of similar complaints against coinbase, especially around times when the price of bitcoin was skyrocketing.

I don't think that the issue was not that they didn't have enough information to allow you to trade, I think the issue was that something about the trade set off some kind of flag after someone reviewed it (or something about your account set off some kind of red flag). If this was the case then whatever triggered the flag would not be something that would automatically cause the trade to be declined/canceled.

I think they could solve this problem by allowing users to hold a USD balance in their account to prevent these kinds of issues - in your case they could have refunded you the just under $5k that you tried to withdraw, when it could stay (if you choose) until you can resolve the issue. I really don't know why they (and coinbase) don't offer this.

IMO this is a good example as to why you should not trade/use these kinds of services, especially for larger amounts. P2P transactions and transactions at an ATM seem to be far superior (even if you get slightly worse rates)

Hi! My name is printshop and I run the #1 fund by volume on NXT AE, a no-fee link to LTCGear. I am willing to offer you 110% repayment over a 4 week period (10% on the month) for up to 50 BTC. I can offer higher rates if you go to two months, i.e. 125% repayment over 8 weekly payments (7.8125/week). I will go as high as 200 BTC. I earlier wasn't sure if I wanted to go that high but I think I can manage it now.

The reason I want this loan is to take advantage of a special offer made to me by one of my suppliers which will expire on Monday. I will also use this to increase leverage on my fund and drive share sales.

It will be easy for me to pay you back as I have been selling over a million units of my fund a week (50btc) since I started two weeks ago. Last week we paid 15% to shareholders and reinvested 2.25%. Of course difficulty is going through the roof, this week will probably be 10%, but my math indicates +25% over two months will basically be splitting the cost with you. So I am willing to do it.

As collateral you can have shares of any of my assets on the AE for comparable value. Alternately I can give you shares of USDBITFNX or STSH at IPO price (60 and 55 NXT respectively). Of course if you don't deal in NXT you can't really take possession of the collateral, maybe a pro escrow could do it for you, but I am running a no-fee fund so I won't pay for it.

PM me please if you can do this for me! thanks.

You are not going to have any financial services company ever going to whitelist you like that. If circle were to whitelist you prior to accepting any trades from you then someone could just manipulate the system until they are whitelisted.

Any KYC/AML/suspicious activity policy needs to have it's employees exercise their judgment.


They said it was triggered by their monitoring system. In other words, they say it's automatic.

I run a financial services company. If you PM me, I can link you to my MSB registration. I deal with this all day; I'm not kidding.

I would never accept a trade and then cancel it after it had been completed without compensation. (I should note that Circle has not told me that they will not resolve this matter fairly, so it is still very possible they'll allow the withdrawal to be reinitialized or provide compensation for the price movement while the bitcoin was in their hands.) It's not about whitelisting - it's about setting legally-compliant limits for customers based upon the information they provide. Coinbase, OKCoin, etc. do this without issues with different levels of registration, because they have customers verify information BEFORE trading. You can't accept a trade and then 2 hours later cancel it and return less money because you didn't have adequate information at the time of the trade - it's too late.
IMO this would be the typical response anytime any company decides they cannot move forward with a transaction for AML purposes.

The transaction already took place.
In theory these kinds of laws/regulations protect "society" and anytime these laws are broken "society" as a whole is harmed, so if your case was a case of AML laws being broken then you would technically be harmed (I am not saying I agree with this logic, but this is probably what the logic is)

I have nothing against AML/KYC - my own business follows them stringently. However, AML/KYC is something you do before a trade takes place. Saying it is for my security is quite the stretch - their AML/KYC procedures are for their security to protect them from fraud and comply with regulations.
You're probably right. Anytime they have their customers buy x amount of bitcon more then what their customers are selling then they would execute a buy order on an exchange (the opposite is true as well). This is essentially a more drawn out process then what I described, but the effect on their position of bitcoin is the same.

A couple of things to add - 1 - I am sure that their ability to cancel trades like this is somewhere within their TOS which you would have had to agree to when you signed up. 2 - This probably happens both when the customer ends up with "less money" and when the customer ends up with "more money" but you will never hear about any of the instances when this works out to the customer's advantage.

Maybe it does, maybe it doesn't. Circle is still a very new company and bugs (whether unintentional or intentional) like this are crippling. The fact is, they canceled a trade after it took place, for a reason that should have been dealt with before allowing a nearly $5,000 trade to take place.

TOS is nearly worthless in court when it comes to matters like this.

I also am curious to know if you are connecting to circle via a VPN, if so I might speculate that has something to do with them canceling the trade if you are. I really don't see much of a point in connecting via a VPN as they know your identity anyway

I can assure you the connection did not play a role.

I really feel pitty for you. This is called a sheer waste of sr. Member account.
@Op you aint gonna get any loan. First pay back your earlier loans and then show your face on this forum.