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Author Topic: BitStamp  (Read 771 times)
phoenix1 (OP)
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April 17, 2013, 07:07:30 AM
 #1

Anyone got any feedback on this as an exchange to use ?
Is there a better/cheaper option for UK users than a combination of Transferwise and Bitstamp ?
 Smiley

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
barneyss
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April 17, 2013, 07:14:05 AM
 #2

one of the bests exchanges, but if u want a cheaper one u can use localbitcoins.com
phoenix1 (OP)
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April 17, 2013, 07:22:13 AM
 #3

one of the bests exchanges, but if u want a cheaper one u can use localbitcoins.com

Cheers ... I will check it out
Good to hear Bitstamp is reputable
 Smiley

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
csw
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April 18, 2013, 01:23:26 AM
 #4

they also looked good to me, just sent them my first sepa deposit yesterday  Smiley
exumpas
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April 18, 2013, 01:29:32 AM
 #5

Please check this topic regarding recent problems with Bitstamp:

https://bitcointalk.org/index.php?topic=174754.80

Best regards
csw
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April 18, 2013, 10:39:50 AM
 #6

Please check this topic regarding recent problems with Bitstamp:

https://bitcointalk.org/index.php?topic=174754.80

Best regards

no problems here, my first deposit was confirmed this morning, 2 days after i sent them, from what i understood the recent problems were because
1) they switched to another bank account and some people still sent deposits to the previous one,
2) people don't put their bitstamp reference number on their transfers, so it takes longer for them to check from who is the deposit they received
pendula032
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April 18, 2013, 10:55:05 AM
 #7

Anyone got any feedback on this as an exchange to use ?
I am using bitstamp for a month and its ok for now
Francesco
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April 18, 2013, 10:57:58 AM
 #8

Please check this topic regarding recent problems with Bitstamp:

https://bitcointalk.org/index.php?topic=174754.80

Best regards

no problems here, my first deposit was confirmed this morning, 2 days after i sent them, from what i understood the recent problems were because
1) they switched to another bank account and some people still sent deposits to the previous one,
2) people don't put their bitstamp reference number on their transfers, so it takes longer for them to check from who is the deposit they received

No problems for me too Smiley
gabridome
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April 18, 2013, 11:36:41 AM
 #9

Sometime Sepa transfer don't arrive on your bank's fault.
I've personally seen my transfer indulging in my bank for few day in an examining stage(?).

For the rest till today the service seems very good.
exumpas
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April 18, 2013, 01:57:19 PM
 #10

Quote
no problems here, my first deposit was confirmed this morning, 2 days after i sent them, from what i understood the recent problems were because
1) they switched to another bank account and some people still sent deposits to the previous one,
2) people don't put their bitstamp reference number on their transfers, so it takes longer for them to check from who is the deposit they received

1) They claim their old bank account is still active and receiving transfers, and when I performed the transfer the old bank data was still on their site.
2) I always put bitstamp reference in transfer data, and I sent them a bank receipt where it's possible to see not only the reference, but the fact that the money was already transferred out of my account.

Conclusion: Even though many people are not having problems, many others are, so if you're making a deposit with Bitstamp, it's better to have this information into account. I particularly like their site, the way it works, and up until last week had no previous problems with them.

Best regards
Two Bit
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April 18, 2013, 02:46:59 PM
 #11

looks fine  Smiley
alexh
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April 18, 2013, 02:55:32 PM
 #12

Buy local! Best thing ever.
csw
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April 18, 2013, 03:12:45 PM
 #13

Buy local! Best thing ever.

maybe, but at least here on my city, the few people selling btc are charging 8%-9% fees for selling, comparing at the 0.5% fees of bitstamp and others,
there's not much to think of...
exumpas
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April 18, 2013, 09:19:48 PM
 #14

My deposit has been confirmed. Eight days have passed since the SEPA transfer. Thank you Bitstamp for solving the issue. Problems and delays can happen everywhere, but I would recommend you improve your communication in case something like this happens again.

Best regards
add1ct3dd
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April 18, 2013, 09:20:45 PM
 #15

seemed fine here.
dtuur
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April 18, 2013, 09:58:22 PM
 #16

Bitstamp is great, I know the people behind it and the last number I got for cold storage was 85%.

One serious liability is that their bank is for the moment Unicredit in Slovenia. This is the largest Italian bank and it is one of the top 15 most highly leveraged banks in the world (probably this is why they got such a good exchange rate on their EUR/USD). Combined with fledgeling Slovenia = recipe for disaster.

However the Bitstamp team is now working hard on making the move to a well capitalized American bank that has a good reputation in the tech sector.

If you wire money to Bitstamp, be sure to deploy it rather quickly. I trust them better with my bitcoins than with my euro's for the moment. (but don't leave your bitcoins sit idle with any exchange, use a secure offline wallet. 
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