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I just received an email from noreply@btc-e saying "your payment to btc-e has been received. Download your wallet using the link below." I haven't made any payment to btc-e and suspect that the download link is an attempt to phish. If you get a similar email, be careful!
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Looks like we're taking a pause at $358. I'm getting ready to buy some cheap coins. Hopefully by Sunday we'll see a nice bounce. By then, many will realize that all these rosy economic reports are nothing but LIES- as usual. I wish I had more cash to invest in BTC but I need to keep some funds ready to buy more gold and silver.
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They are back and wallets are safe. I admit I was a little worried
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Just be careful, adamstgBit, eh. Bernie Madoff said that dollar cost averaging has killed more Jews than all of Hitler's ovens!
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Guys cut the crap. It's not good.
we cant help it man... we chat for lolz, thats all. no one has a clue where price will be tomrrow, we just wana lol. i'm honestly a buyer.... dollar cost avg my way out of this mess. look carefully you might learn something. You're a Canuck!
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A couple of weeks ago, BTC-e stopped accepting USD deposits. Guess they were tired of the regulatory requirements and decided not to deal with American citizens.
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Okay. I'm officially sick of Gox. This last few days have been awful. I'm thinking of moving to BTC-e. Anything in particular I should watch out for?
Are you depositing USD? BTC-e is not accepting USD wire transfers. This was added recently: We don't accept international wire transfers from US Citizens or from US Banks All transfers from US Citizens or US Bank will be refused by bank
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Meelos, good to hear your deposit issues were finally fixed. I see that others are also getting their deposit and withdrawal taken care of, albeit after long delays. I'm also waiting for a "money hold" on my bitcoins to be lifted, hopefully by the end of the week. I think many traders on this forum have been too quick to brand btc-e as scammers. I chose to buy on btc-e because of its size and lower btc prices. In my last buy, I saved over 13K compared with bitstamp and to me, it was well worth the risk.
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update: I received several emails from support at btc-e. The first email was somewhat encouraging:
Hello! Your credentials are accepted. After checking by our finance department, your account will be unhold automatically. IMPORTANT INFORMATION.The time of verification of documents takes 5 days. During the time of a check, questions are not accepted, and ticket will be closed automatically. We hope for your understanding.
Another email concerning my ticket ended with "thank you. Be patient. Have a nice day."
Well, I'm trying to be patient but with a ton of bitcoins on "money hold" and rumors of btc-e scamming depositors, I won't get much sleep in the days ahead! Still, I'm hopeful that my coins will soon be "unholded" and removed to the safety of my wallet.
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hmm perhaps I spoke too soon. After reading more posts about btc-e, I logged on to the site and clicked deposit USD. Under "international wire transfer" they have added this:
We don't accept international wire transfers from US Citizens or from US Banks All transfers from US Citizens or US Bank will be refused by bank
I believe they have given up on complying with US regulations and will no longer accept US accounts. That's bad news for me, since I still have coins stuck there under a "money hold". I'm anxiously awaiting further info.
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I think BTC-e is legit. They're just swamped with recent deposits so it will take time to catch up with the paperwork and regulatory compliance. I spent my funds on btc-e while waiting for my funds to clear at Bitstamp, which just cleared yesterday. It's about 10% cheaper to buy coins at btc-e, so I immediately asked Bitstamp to return my deposit. I'll wire the funds to btc-e where I can buy cheaper bitcoins or ltc and other cryptos. Don't be scared to use btc-e! A $80-150 discount per coin is worth the risk IMO.
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Same problem here. Bought a shitload of bitcoins but when I went to withdraw to my wallet, BTC-e informed me that there was a "money hold" and I would have to wait 650 hours to withdraw! Thanks to this thread, I see what I must do, namely send a copy of my ID and utility bill. I've just done that and hopefully they will release my hostage coins!
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My recent experience was different. I bought one btc at Coinbase for $307 and then tried to buy more but was told that I'd have to wait 30 days before buying any more. I then wired funds to BTC-e and to Bitstamp. I was able to buy btc immediately at BTC-e and proceeded to buy bitcoins. But when I tried to withdraw the btc to my wallet, they told me I'd have to wait 450 hours (or something like that) before I could withdraw! My deposit at Bitstamp is still on hold because new KYC regulations required more info such as a scan of my passport and proof of where I got the funds from and other questions. I gave them my info but have not heard anything since. Very strange because I have bought at Bitstamp before and my account is "verified". Now I don't know what to do. Should I ask them to return my deposit and just trade at BTC-e or wait for Bitstamp to accept my deposit?
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I bought one btc Nov 9th for $307. When I tried to buy another, I was told that my first purchase had to be completed before buying any more. After several days my first btc purchase was still "pending" and I was informed that my initial buy would be cleared on Nov 18th! Finally my btc showed up in my account but now I see that Coinbase is requiring a 30 day wait before I can buy more bitcoins! Apparently this exchange does not want my business. I'm done with Coinbase's Coin of the Month Club.
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I can't get on either. Price is frozen at 554.99 and seems there are no buyers.
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I'm not in college anymore. Graduated from U of Rochester in '71 and U of Chicago MBA '72. Though I studied economics and finance in school, they never taught me anything about how central banks really work. I learned that through Youtube!
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Hi Stokesy, Welcome to the forum. I'm pretty new myself and just lurking so far.
Pete
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Good afternoon, guys. My first post- hope it works. Just starting to read and managed to get my bitcoins out of MtGox and into an online wallet. I suspected something was wrong when I couldn't withdraw USD. Glad I found this forum!
Pete
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