Me either.  The majority of Americans are against any interference and Obama has said no "boots on ground."  Obviously this could change but for right now I see the "attack" as nothing more than a couple of cruise missiles launched their way to tell them to knock it off.  1,500 casualties isn't an incredibly large amount in the grand scheme of things.

This is essentially how it was when Gox accepted Dwolla.  There's a wait on the funds to clear from your bank to Dwolla, then another wait for it to clear from Dwolla to Gox.  The only fast way is a wire but the fee is substantially higher.  The only real advantage of an exchange over something like Coinbase is to take advantage of volatility.  Bitcoin has been relatively stable recently but when it was making huge swings, you could put in a low ball buy and sometimes it would fill.  That wouldn't be possible with Coinbase (as they typically ran out of BTC during high volatility) or it could be happening while you're away from the computer.

Obsolescence would imply there is a better technology available. 

Appreciate the reply.  Do you still personally stand behind all deposits as previously stated on the website? 

I never understood this black and white philosophy so many Bitcoiners seem to have.  Here's a crazy thought, have a little of both.

I would just set up a separate account for your Bitcoin transactions if you're that worried.  There's plenty of online banks out there where you can make an account pretty easily (and link them to your main bank).  That way if they close your account it won't impact your day to day transactions.

I don't buy it.  I think it's nothing more than a tightening of AML/BSA/KYC regulations.  Banks don't want to deal with the headache so they're willing to lose you as a customer.  They're getting to borrow money at basically nothing at the discount window, why do you need depositors when you can do that.

I hope that's sarcasm.

Initially I was going to do this via PM to TF but I think it's relevant to all users of CoinLenders so I decided to start a thread.  I noticed that there are some changes to the website, for instance, interest is now called "fee rebates."  I understand some of this is more or less CYA type of stuff and am okay with that but I did notice some omissions and additions that I would like to see addressed.

The first is the removal of the "deposit guarantee" from the FAQ section.  Obviously something like this cannot be insured by the FDIC, SIPC, etc.  However, previously the FAQ section mentioned that TF personally insures all deposits from loss but this is no longer there.  Why was this removed, do you no longer stand behind all deposits?

There is also this addition:


I'm okay with the first two sentences but the last one bothers me.  What exactly is a "fictional website?"  And why is it operating for ONLY web development, entertainment, and education when there are real loans and other investments being done?

For the record, I have had no issues with CoinLenders or with Trade Fortress.  He has made good on all of his commitments to me, so this is not a scam accusation.  I'm just a little concerned with some of the changes and would like to give him a chance to reply publicly.  Thanks.

I was going to say, using Gyft would make their life easier.  Although maybe the point is to not go through a proxy.

To me it makes the company look like a joke, not Bitcoin.  Like any consumer, speak with your wallet.  MtGox has shown time and time again to be incompetent, so I've taken my business elsewhere.  BFL is known to be run by people who have criminal pasts, so I choose to not conduct business with them.  This isn't about Bitcoin, it's about due diligence and personal responsibility.

This is why it's better to have your savings in an offline/paper wallet.  Use blockchain only for the Bitcoins you're going to be using for near-term transactions.

The Euro has appreciated vs the USD because the US, through quantitative easing, starting devaluation first.  Now everyone is trying to devalue so you have a currency war of sorts that isn't always successful.  Japan is a good example, they are implementing the "printing to infinity" policy but as you can see the Yen hasn't devalued a great deal yet. 

Thanks for the heads up.  Guess I'll have to do another vanity addy, although I've never really used it other than for novelty.

I don't see a consensus, I see one person trying to speak for the whole.  I would file a complaint with the SEC if I were you.  I would do it myself if I had any funds with MtGox but I saw this coming before the Dwolla shutdown.

Payment received.  Requesting another round.  Thanks TF.

Here's some documentation for U.S. Bank:

Sounds like he's just joking around from the snippet I watched.

What garbage.  No bank on this earth worth their salt holds onto a WIRE transfer for 7 to 10 days.  And weren't they opening accounts with multiple banks?  Why is it singular now, "our bank?" 

Trade,

Did you make any recent payouts?  I know you do them in batches, just want to make sure you didn't miss me.  Thanks.