Bitcoin Forum
June 18, 2024, 02:35:09 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: bitstamp don't pay my 70 btc , 17 hours.  (Read 986 times)
richardweiming (OP)
Jr. Member
*
Offline Offline

Activity: 47
Merit: 10


View Profile
June 12, 2014, 11:25:56 AM
 #1

It never be so slow. It always instant or very fast. This time it is too slow. 17 hours without payout.
Also no reply from their support.
Any thing wrong happened in bitstamp? I'm worried about next Gox.
techmars
Member
**
Offline Offline

Activity: 110
Merit: 10


View Profile
June 12, 2014, 03:34:44 PM
 #2

It never be so slow. It always instant or very fast. This time it is too slow. 17 hours without payout.
Also no reply from their support.
Any thing wrong happened in bitstamp? I'm worried about next Gox.
what kind of transaction do you do with them
boraf
Full Member
***
Offline Offline

Activity: 315
Merit: 103



View Profile
June 12, 2014, 07:52:42 PM
 #3

Their cold wallet probably run out of coin.

Normally take less than 24 hours to resolve.
Tzupy
Legendary
*
Offline Offline

Activity: 2128
Merit: 1074



View Profile
June 12, 2014, 08:04:40 PM
 #4

Their cold wallet probably run out of coin.

Normally take less than 24 hours to resolve.


Umm, cold wallet you say? This would mean they are insolvent in bitcoins. They recently proved to have 183k bitcoins.

Sometimes, if it looks too bullish, it's actually bearish
justforbtc
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


View Profile
June 13, 2014, 11:06:54 AM
 #5

The following words are guess or deduction based the my trading experience in bitstamp.

Bitstamp seems seldom uses their cold wallets, they always try to use recently deposited bitcoin from users to fulfill bitcoin withdrawal requests. As the price of bitstamp has been substantially low for the pasting few days comparing with bitfinex and other Chinese exchanges, this creates space for arbitrage. Therefore, the withdrawal amount would be much higher than the amount of deposited for the same time period. Those withdrawals had to wait until enough bitcoins deposited by users.
CaptainBeck
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
June 13, 2014, 12:01:17 PM
 #6

How many people work for bitstamp? Is this a known figure??
redpitchfork
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
June 13, 2014, 12:03:17 PM
 #7

my 10, 20, 5, even 2 btc withdrawals got stuck yesterday but i got around it by doing multiple 1 btc per withdrawal. its a pita but at least all my coins are fully out of bitstamp now. anybody knows if withdrawal service has returned back to normal yet?

after mtgox, trust no one....
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!