I did receive that E-mail as well, I just read the email and was like "yes nice try", so I guess that was it.
I wonder how stamp knows which accounts received that e-mail, assuming that is the withdraw suspension trigger. Perhaps they don't know which accounts are affected, but simply implemented some heavy-handed "If IP changed geolocation more than 100 miles, block withdrawal" rule. Can anyone who had his BTC withdrawals blocked on Bitstamp comment on this possibility? Did you log in from a different location than usual? |
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has anyone successfully got any funds onto gox in the past few days?
yes. sepa took about 48 hours excluding weekends (and I think monday was a holiday in US? maybe elsewhere). just wondering... you wired money to gox to pick up coins cheap, which makes sense maybe economically, if the chance of total failure is outweighed by the chance of getting the coins out of gox and the possible profit you could make on that. But you don't see any problem at all that, by doing so, you're lending gox legitimacy that they very much don't deserve anymore? I mean, I know, it's a market, morality has no place in here but... really? I'm not a moral arbiter. Especially not given that I don't actually *know* what is going on at gox. I'm amazed how many people claim that they do. Here's just one scenario out of a hat. Gox knows that by allowing BTC withdrawals, they could potentially double pay (yes due to their own flawed algorithm - but still a risk all the same), and this would threaten solvency/customer deposits. What needs to happen is that the free market will decide. If people are happy to tolerate gox's way of doing things they will carry on, if they don't gox will die. If people want to make it a moral crusade that's their call. To me its just business. I could say something about the paradox of the self-interested actor, something along the lines of the dominant strategy not necessarily leading to the optimal result for the individual that chose that strategy, but I would sound like a self-righteous, hypocritical dick. Carry on then. Tragedy of the commons? true enough. Sorry if i sound callous I'm just taking the 4-1 odds against mtgox crashing. I don't really share the seemingly common belief that what gox are doing/not doing is inherently good or bad for bitcoin. I think its just all 'stuff' like pirate wasn't good or bad for bitcoin, he was just bad for the people that fell for it. Like Madoff wasn't 'bad' for the dollar etc i dunno what i really think, just kind of riding the waves. A small part of me wonders if, not just in Bitcoin valuation, but other ventures as well, we hit a local maximum because of our choices without ever being aware of the possibility that, had we acted different, we would have reached a higher point... but that's idle speculation. Hence: I have no good reason to complain from a moral point of view. Objection withdrawn. But I don't need to tell you that you'll get zero sympathy if you get burned on there. I've read enough of your posts to know that you're well aware of the risks and such. Good luck though  |
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Dunno why people are insinuating that people are trying to spread FUD saying that they have been stopped their btc withdrawals from stamp. How many people do you need to report the same thing before you beleive it. Oh here's my proof (check the date and time)  About 50% of the last few minutes of messages explain to you that it is not a problem, and yet you still don't read them.... I read them thanks. I was replying to the people who were saying prove it/ stop spreading fud as clearly just saying my withdrawals aren't working isn't enough Yes, agree with you. There were several posts saying "Stop spreading FUD", and you wanted to make clear it's not FUD. Like I said, my withdrawal just went through, but I believe you when you say yours didn't. |
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DO NOT WORRY, to all people who cannot withdraw their monies I will summarize: Bitstamp. How an exchange should be run.  See, I told you he is retarded.Awww :3 You waited for that one, huh? We'll talk again in about 24h. If they fix it rather quickly, like they did always so far, I'll eagerly await your return to this thread. Didn't have to wait more than a few minutes. And they were shit before, they will remain shit. Nothing will change in 24hrs except for your delusions perhaps. Ciao, bella. Off to ignore you go  For the less retarded part of the audience, here's the result of my test (as posted in the wall thread a second ago)... re: Bitstamp withdrawal. Might be some automatized safety thing, that wasn't exactly thought through very well? Maybe something like: If IP address changes regularly, stop withdrawal. Something moronic like that. Aaanyway... Just bought 1 btc for testing purposes, and btc withdrawal works for me, as they always did. Arrived at my address a few minutes later.NOTE: I'm not denying that some accounts have problems withdrawing, but at least we know that not all accounts are affected. |
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re: Bitstamp withdrawal.
Might be some automatized safety thing, that wasn't exactly thought through very well?
Maybe something like: If IP address changes regularly, stop withdrawal. Something moronic like that.
Aaanyway...
Just bought 1 btc for testing purposes, and btc withdrawal works for me, as they always did. Arrived at my address a few minutes later.
NOTE: Not saying that some people don't have problems withdrawing, but at least we know that not all accounts are affected.
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DO NOT WORRY, to all people who cannot withdraw their monies I will summarize: Bitstamp. How an exchange should be run. :P
See, I told you he is retarded.Awww :3 You waited for that one, huh? We'll talk again in about 24h. If they fix it rather quickly, like they did always so far, I'll eagerly await your return to this thread. |
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Funny enough, the absolute ATH, end of July 2013, probably didn't work out so well for some traders, judging by how price didn't budge that much back then, and considering that you better got out of short position before the rally started 2 weeks later.
Maybe I am just dumb, but how am I meant to tell what proportion of those BTC/USD swaps are for leveraged long trading and leveraged short trading? Right now I am totally insensitive to pretty much any statistic except BTC/USD withdrawals being free flowing across all exchanges (includign Bitstamp where I have 30K USD), and the price rising up and establishing convincing support at higher prices. Until his happens, then I am listening to the little green pixie sitting on my shoulder who whispers dreams into my head, and he says yet more slaughter to come, best avoided by being 0% in Bitcoin for the time being. I imagine the "total sum active BTC swaps" corresponds to shorts while the "total sum active USD swaps" (which you get to by selecting USD near the top of the page) corresponds to longs. Note that both are measured in USD. Then again, I could be wrong. I only pretend to understand trading lingo. |
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has anyone successfully got any funds onto gox in the past few days?
yes. sepa took about 48 hours excluding weekends (and I think monday was a holiday in US? maybe elsewhere). just wondering... you wired money to gox to pick up coins cheap, which makes sense maybe economically, if the chance of total failure is outweighed by the chance of getting the coins out of gox and the possible profit you could make on that. But you don't see any problem at all that, by doing so, you're lending gox legitimacy that they very much don't deserve anymore? I mean, I know, it's a market, morality has no place in here but... really? I'm not a moral arbiter. Especially not given that I don't actually *know* what is going on at gox. I'm amazed how many people claim that they do. Here's just one scenario out of a hat. Gox knows that by allowing BTC withdrawals, they could potentially double pay (yes due to their own flawed algorithm - but still a risk all the same), and this would threaten solvency/customer deposits. What needs to happen is that the free market will decide. If people are happy to tolerate gox's way of doing things they will carry on, if they don't gox will die. If people want to make it a moral crusade that's their call. To me its just business. I could say something about the paradox of the self-interested actor, something along the lines of the dominant strategy not necessarily leading to the optimal result for the individual that chose that strategy, but I would sound like a self-righteous, hypocritical dick. Carry on then. |
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I have a question, not a request to add a coin :D
How do you get to the 'trade volume, 24h' value for Bitcoin? If I compare it to bitcoincharts' "Markets" page, your value seems substantially lower, even if I ignore all currencies other than USD. Just adding up their 24h USD volume for bitstamp, mtgox and btc-e gives me almost 40M USD, while coinmarketcap says 36M. Or did you already exclude mtgox data from your calculation?
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NEVER, EVER, EVER use stops on Bitfinex. A typical loss of access to Bitstamp liquidity (which happens extremely regularly) and you may find your position closed ± $100 where you thought you closed it. That's right. Leverage trading without stops.......  Complain and Giancarlo will attempt to publicly humiliate you. Yeah he did, but ya know what. As indignant as he acted towards me, I still think that Bitfinex is a fkn den of thieves. I have seen some well dodgy shit occur on that exchange and after they took away ability to route only through Bitstamp, setting any kind of Stop Loss that actually would have served to limit losses, is running huge risk of having your arse farmed in counter trend noise by some farming bot, that may or may not have access to stop orders/limit orders list. Also on Bitfinex is the shocking fact that everyone has the ability build up massive liar walls even when the user only has liquidity to cover 1% (or less) of those walls. With the assistance of a Bot, towering 1000 BTC walls can appear and disappear either side of the wall within an instant, even when the punk erecting and then vanishing them again only has 10BTC liquidity. As tempting as Short Selling Bitcoin at the moment may seem, probably not worth running the gauntlet amongst all them thieves, whilst never being sure if the exchange operators aren't amongst them.Talking about which... Almost at new 6 month ATH of active BTC swaps, according to http://charts-bfxdata.rhcloud.com/bitfinexLiquidityBTC.phpFunny enough, the absolute ATH, end of July 2013, probably didn't work out so well for some traders, judging by how price didn't budge that much back then, and considering that you better got out of short position before the rally started 2 weeks later. |
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EDIT: Or maybe I misunderstood what you meant by "volume/frequency threshold"?
Yeah, by volume I meant the amount that you try to withdraw, and the frequency of your withdrawals. So if I understand their triggers correctly, they will ask you to provide more information if you withdraw too much at once, or if you reach a certain amount in a short time. Like >$x at once, or >$x in less than z number of days. Got it now, thanks. Still, rather unsatisfactory. Would *really* prefer if hazek would state clearly tell us in here what the KYC/AML rules are. It's not like that's supposed to be a secret. |
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Why are we even talking about gox prices still? They don't trade the same currency pair anymore.
The question is, if, or to what extent the other markets will follow. So far I'm pretty surprised by the resilience of stamp price. I still don't see 600 last, tbh.
The answer is in your post. You are surprised that stamp is not following gox? If yes, then that means that you give gox price much authority. That's a bit of a selective interpretation of what I wrote. I meant, we don't need to talk much about, as in: analyze gox price anymore. It's more or less approaching zero. However, I didn't say gox price doesn't *matter* anymore. It does matter, although maybe less than I thought, hence: bitstamp still stable. It's enough to point it how low it is, and then do the detail work on other exchanges to see where we're going, and more importantly, if (and how much) the gox price action is picked up on other exchanges. EDIT: paraphrased to make my point more clear Yes, sorry. I didn't want to misinterpreted your post. Your point is that analyzing gox data is not productive or relevant. I get this. I wanted to generalize. Gox is not some tiny unknown exchange. It is still important factor. Re-read my original post, and I have to apologize. I phrased it very misleadingly, and your interpretation was actually the more likely one. Sorry :/ |
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Still nothing from support at Bitstamp! What is going on, I can not be the only one with this issue.
Are they going bankrupt, what has happened?
I got the exact same questions as you because I triggered their new volume/frequency threshold. I answered their questions, once again attaching my ID as well, and my withdrawal was released in 1-2 days (don't remember exact time). Edit: I might add that I've since been able to withdraw more as well without any problems. Wait, what? You triggered their additional procedures based on *trade volume* alone? Not because you withdrew a large amount? I really wish hazek would drop in and clarify their procedure. I'm not happy about this uncertainty, at all. EDIT: Or maybe I misunderstood what you meant by "volume/frequency threshold"? |
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Look at the USD volume (that's what matters), and see that Stamp has higher Volume.
(BTC volume is obviously higher because of the insane low prices).
Also the pure panic inside fort gox causes alot of volume.
Sure. Both valid points. But do you really think the rest of the btc world will remain completely calm as the former leading exchange tumbles into the abyss. Gox' failure is partly priced in already, sure, but I don't see gox going to sub-100 coins while the rest of the world stays at 600+. Something needs to give, and if gox doesn't go up, the others will go down, to some degree. |
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Blame it on MtGox! Blame it on MtGox! Blame it on MtGox! Well, yes. Partly it can be blamed on gox. More than that however it can be blamed on those who didn't see what is coming to gox in the past months, and certainly weeks. |
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One more remark: As much as I would hope for Bitstamp and the other markets to remain largely unaffected by gox shenanigans, I don't really consider it possible. Volume on gox (whether it's real or not) just surpassed stamp again, on 24h and 30d scale.  When all of this is over, I sincerely hope gox will be done for finally, but I can't see how stamp will resist the black hole that is stamp price. |
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has anyone successfully got any funds onto gox in the past few days?
yes. sepa took about 48 hours excluding weekends (and I think monday was a holiday in US? maybe elsewhere). just wondering... you wired money to gox to pick up coins cheap, which makes sense maybe economically, if the chance of total failure is outweighed by the chance of getting the coins out of gox and the possible profit you could make on that. But you don't see any problem at all that, by doing so, you're lending gox legitimacy that they very much don't deserve anymore? I mean, I know, it's a market, morality has no place in here but... really? |
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Why are we even talking about gox prices still? They don't trade the same currency pair anymore.
The question is, if, or to what extent the other markets will follow. So far I'm pretty surprised by the resilience of stamp price. I still don't see 600 last, tbh.
The answer is in your post. You are surprised that stamp is not following gox? If yes, then that means that you give gox price much authority. That's a bit of a selective interpretation of what I wrote. I meant, we don't need to talk much about, as in: analyze gox price anymore. It's more or less approaching zero. However, I didn't say gox price doesn't *matter* anymore. It does matter, although maybe less than I thought, hence: bitstamp still stable. It's enough to point it how low it is, and then do the detail work on other exchanges to see where we're going, and more importantly, if (and how much) the gox price action is picked up on other exchanges. EDIT: paraphrased to make my point more clear |
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Why are we even talking about gox prices still? They don't trade the same currency pair anymore.
The question is, if, or to what extent the other markets will follow. So far I'm pretty surprised by the resilience of stamp price. I still don't see 600 last, tbh.
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In other meta news: with the change to the newbie policy, we've seen a great increase in genuinely trollish/FUD threads and a decrease in high-quality posts. I hope that the forum administrators will revisit their policies, perhaps even disallowing members below a certain activity level from starting threads.
100% agreement. I've argue in this thread to set a 'minimum activity level' per sub-board, so that you e.g. had to "earn" some activity points first in a 'newbie' forum, basically: a slight modification of the previous "newbie hell" system, but allowing different boards to set different levels of what they consider newbies. Didn't get picked up (or even responded to) by theymos, though :/ |
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