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Author Topic: Major Dutch bank blocks bitcoin purchases  (Read 5943 times)
davout
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December 12, 2012, 03:35:32 PM
 #41

With lots of business practise in said field, I can assure you that banks are a pain in the ass to deal with.
No shit sherlock.

Most of the time a small bitcoin company doesn't have the resources to hire expensive lawyers.
Who said you had to hire expensive lawyers to solve problems? A telephone is a very powerful tool when used correctly.

Until proven otherwise, I take your statement as a load of bull.
See the thread I linked in the first page. That's actual experience. It's in French but hey, it's 2012, so Google translate buddy.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Herodes
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December 12, 2012, 03:49:55 PM
 #42

With lots of business practise in said field, I can assure you that banks are a pain in the ass to deal with.
No shit sherlock.

Most of the time a small bitcoin company doesn't have the resources to hire expensive lawyers.
Who said you had to hire expensive lawyers to solve problems? A telephone is a very powerful tool when used correctly.

Until proven otherwise, I take your statement as a load of bull.
See the thread I linked in the first page. That's actual experience. It's in French but hey, it's 2012, so Google translate buddy.

I've used phones several times. But there's no point in discussing with people like you who clearly have a problem with civilized adult discussions. Show no respect, and talk out of your ass, and the same thing comes back to you. Next time, what about trying to answer in a polite way, I can't know what you're thinking in your mind. And I don't see what's the big problem by answering more rationally and calmly, like an adult.
davout
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December 12, 2012, 04:07:16 PM
 #43

I've used phones several times. But there's no point in discussing with people like you who clearly have a problem with civilized adult discussions. Show no respect, and talk out of your ass, and the same thing comes back to you. Next time, what about trying to answer in a polite way, I can't know what you're thinking in your mind. And I don't see what's the big problem by answering more rationally and calmly, like an adult.
I've stated facts, shown you where to check them, yet

I take your statement as a load of bull.

so maybe you want to check your own tone before complaining that you can't have a "civilized adult conversation".

cbeast
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December 12, 2012, 04:13:37 PM
 #44

This thread cracks me up. Wasn't bitcoin created as an alternative to banks? I think Satoshi is beating his head against a wall right about now. Instead of trying to figure out how to use bitcoin with banks, figure out how to use bitcoin without banks.

My two bit-cents. Smiley
Very good point. The issue is liquidity. Most people consider something exchanged with fiat currency as liquid, but other assets are fairly liquid as well. It will take time for Bitcoin to become recognized as a currency unto itself. Hopefully folks will find other means of exchanging Bitcoin for assets they want. With the ability of 2-party escrow, now is the time for creative finance ideas to form. For instance, I imagine private lenders like pawn shops can form networks to provide competitive lending for higher risk customers.

On the other hand, Bitcoin is an opportunity for banks to be competitive. Eventually the bailout money will run dry and banks will be forced to work for their paychecks. Bitcoin will look better to them by cutting administration costs.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Herodes
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December 12, 2012, 04:15:35 PM
 #45

I've used phones several times. But there's no point in discussing with people like you who clearly have a problem with civilized adult discussions. Show no respect, and talk out of your ass, and the same thing comes back to you. Next time, what about trying to answer in a polite way, I can't know what you're thinking in your mind. And I don't see what's the big problem by answering more rationally and calmly, like an adult.
I've stated facts, shown you where to check them, yet

I take your statement as a load of bull.

so maybe you want to check your own tone before complaining that you can't have a "civilized adult conversation".


You're quoting me out of context, to make your self look good. Well, good luck with your further discussion in this thread.
davout
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December 12, 2012, 04:22:34 PM
 #46

You're quoting me out of context, to make your self look good. Well, good luck with your further discussion in this thread.
Ok champ, whatever, I shared my experience with the OP, he said it was helpful, so I'm happy about it. Have a good one.

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December 12, 2012, 06:00:30 PM
 #47

Just read about some bank called Deutsche bank and about some kind of police raid.

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Jouke (OP)
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December 12, 2012, 07:36:25 PM
 #48

Just read about some bank called Deutsche bank and about some kind of police raid.

Source or it didn't happen.  Wink

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paraipan
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December 12, 2012, 07:38:52 PM
Last edit: December 14, 2012, 09:16:30 PM by paraipan
 #49

Just read about some bank called Deutsche bank and about some kind of police raid.

Source or it didn't happen.  Wink

Quite easy to spot...

http://mediacenter.dw.de/english/video/item/767549/German_police_raid_Deutsche_Bank/

http://economictimes.indiatimes.com/news/international-business/police-raid-deutsche-bank-in-tax-fraud-probe-company/articleshow/17586699.cms

http://www.france24.com/en/20121212-police-raid-deutsche-bank-tax-fraud-probe

http://www.ft.com/cms/s/0/66d8a6be-4447-11e2-952a-00144feabdc0.html#axzz2ErtWW2AL

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December 14, 2012, 09:19:09 PM
 #50

We had a bank account with Commerzbank in Germany. They froze about €1000 and closed the account. When I called them and asked questions they would say they were not required to tell me anything and just hang up the phone. I still can't believe I would be treated that way as a customer.

Then I went to the bank branch in person. All I could get was an account statement to see the latest incoming transfers, but they insisted that the €1000 would be returned to the originating phished bank account, and that it was part of our contract with them that we should suffer the loss.
Hey, I just received a handwritten christmas card from the branch leader. They have humor.

jago25_98
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December 15, 2012, 06:54:02 PM
 #51

Sounds like a thread or wiki entry summerising and ranking the various banks is needed.

While there is a lot to cover if we can identify the least worst that will be very useful. The SEPA zone is at least a good example of competition.

UK:
Last seen Intersango with Metrobank following dumping Lloyds.


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December 18, 2012, 02:08:20 AM
 #52

Sounds like a thread or wiki entry summerising and ranking the various banks is needed.


Here's the list:

ALL BANKS SUCK!

Use bitcoin instead.

 Grin
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