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Author Topic: Dwolla can no longer process deposits or withdrawals to MtGox  (Read 12843 times)
P_Shep
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May 15, 2013, 12:17:00 AM
 #121

I don't understand the mass sell-off and panic.

You can still use Dwolla -> BitInstant -> MtGox

Or Dwolla -> CampBx

Or BitInstant Cash deposit -> Key -> MtGox

Or Bank Transfer ->MtGox

Or Dwolla ->Okpay -> MtGox

Should I go on?

 O FUG THE GUVMENT TYIN TA SHUT DWN BITCOIN

Guise, srsly, our market cap is what it would probably cost to shut it down. We're such a small piece of the pie I can't see any major body (for the time being) giving a second thought to the power we attribute to bitcoin.



SSSSSHHH!


I wanna buy cheap coins.
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solidshotnosh
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May 15, 2013, 12:21:24 AM
 #122

I bought at 117, won't sell even if we hit what I expect to eventually be 50

I'm just mad I don't have enough to spare right now to buy some more coins

notme
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May 15, 2013, 12:23:31 AM
 #123

Your mistake is to overthink this.

If the market say sell, you sell.
Really, the market doesn't care for reality.

It does eventually, but you are correct that it can ignore it for a while.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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wildbud
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May 15, 2013, 12:24:05 AM
 #124

From Mt. Gox FB:
Statement Regarding Dwolla:

Like many who have contacted us, MtGox has read on the Internet that the United States Department of Homeland Security had a court order and/or warrant issued from the United States District Court in Maryland which it served upon the Dwolla mobile payment service with respect to accounts used for trading with MtGox. We take this information seriously. However, as of this time we have not been provided with a copy of the court order and/or warrant, and do not know its scope and/or the reasons for its issuance. MtGox is investigating and will provide further reports when additional information becomes known.
pekv2
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May 15, 2013, 12:28:30 AM
 #125

Homeland security  Cheesy

Why doesn't the US govt, sum up all their groups together and just call it US Government with all mighty powers.

Homeland sec doing this, police murdering ppl with batons and has been the last 30 years and get away with it, IRS targeting activists, god knows what else, it's fucking retarded, out of hand and control. The new retarded US Government Groups of America. Go choke on a pogostick 'aka corndog' ya bastards.
solidshotnosh
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May 15, 2013, 12:41:58 AM
 #126

Homeland security  Cheesy

Why doesn't the US govt, sum up all their groups together and just call it US Government with all mighty powers.

Homeland sec doing this, police murdering ppl with batons and has been the last 30 years and get away with it, IRS targeting activists, god knows what else, it's fucking retarded, out of hand and control. The new retarded US Government Groups of America. Go choke on a pogostick 'aka corndog' ya bastards.


Your 15 year old angst is so moving.

The real world, do you live in it?
Quantum_Negatum
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May 15, 2013, 12:50:34 AM
 #127

When a foreign company like Gox goes through the AML process, do they agree to jurisdiction in the States for related matters? If so, and if Gox employees are implicated in something...
Cluster2k
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May 15, 2013, 01:00:30 AM
 #128

I can't say I'm surprised by DHS's move.  We all know the Achilles Heel of Bitcoin are the exchanges.  Target them, or their funding sources, and you effectively cripple bitcoin.  Sure, a bitcoin is still worth a bitcoin and no one loses (unless the exchange goes down and takes your cash with it), but without a fast, cheap and convenient way to convert to other currencies the usefulness of bitcoin is greatly diminished.

Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
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URSAY
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May 15, 2013, 01:02:06 AM
 #129

Need to send funds to Gox?

We can still take care of that for you.  Smiley

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Kluge
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May 15, 2013, 01:03:10 AM
 #130

not that it will happen this time, but i really wish
that gox goes away...

I'll be fine with that as long as CampBX (or someone in the US) continues making it easy (i.e. working with Dwolla) to get my fiat out of the exchange.

Maybe we need more Dwolla-type things in the US?
Yeah, we need more Ashton Kutchers in the world.  Roll Eyes

Did the actor invent something like Dwolla, like, in the real-life meat-space?
Or is this a reference to the TV show?
If it's a reference, I can only muster a panting laugh, a la Sheldon Cooper.  (swing and a miss)
Kutcher was an early investor. http://blogs.desmoinesregister.com/dmr/index.php/2012/04/10/ashton-kutcher-dwolla-investment

Don't mix your coins someone said isn't legal
y2kcamaross
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May 15, 2013, 01:04:04 AM
 #131

No, I want to my funds off gox without doing a wiretransfer
TTBit
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May 15, 2013, 01:05:22 AM
 #132

This affects dwolla, and dwolla only? Will they target banks to not accept/send wires from/to Gox?

good judgment comes from experience, and experience comes from bad judgment
samson
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May 15, 2013, 01:11:11 AM
 #133

This affects dwolla, and dwolla only? Will they target banks to not accept/send wires from/to Gox?

They can't do that without some form of sanction which isn't going to happen.

International trade agreements come into play here.
TTBit
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May 15, 2013, 01:15:30 AM
 #134

This affects dwolla, and dwolla only? Will they target banks to not accept/send wires from/to Gox?

They can't do that without some form of sanction which isn't going to happen.

International trade agreements come into play here.

I'm not familiar with all of this, can you elaborate please? The UIEGA thing kept banks from doing business with offshore poker/gambling sites. Why couldn't they just announce the same thing with bitcoin exchanges?

good judgment comes from experience, and experience comes from bad judgment
Babylon
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May 15, 2013, 01:15:39 AM
 #135

No, I want to my funds off gox without doing a wiretransfer

So turn them into bitcoins.  They're pretty cheap at the moment...

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meowmeowbrowncow
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May 15, 2013, 01:25:31 AM
 #136



I liked Dwolla for the ease of shorting to my bank acct via ACH.


Are there any other reasonable options for ACH to banks of small amounts of USD?


This is shitty.


"Bitcoin has been an amazing ride, but the most fascinating part to me is the seemingly universal tendency of libertarians to immediately become authoritarians the very moment they are given any measure of power to silence the dissent of others."  - The Bible
evilscoop
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May 15, 2013, 01:33:56 AM
 #137

ha ha ha
welcome to the same shit we have to put up with in the uk......

no one raises an eyebrow at the fact that we brits, and many others have issues getting money in and out of exchanges, but when it upsets you yanks its all end of the world, and coin price is gonna crash....

boo hoo....

</rant>

ps its late at night for me and im in a bad mood Cheesy

sve9mark
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May 15, 2013, 01:45:34 AM
 #138

No, I want to my funds off gox without doing a wiretransfer

So turn them into bitcoins.  They're pretty cheap at the moment...
______
Tarot Card Readings for Bitcoins, available via e-mail, phone, skype or IM of your choice.  Inquire for price, quite reasonable.

uhhh..... thanks for the heads up Babylon Tongue
Ultraviolet
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May 15, 2013, 01:48:36 AM
 #139

DHS Confirms Targeting Gox/Dwolla:

http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/
deltanine
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May 15, 2013, 01:51:00 AM
 #140

CampBX reporting problems with Dwolla too, although not stating it's because of DHS.

https://www.facebook.com/CampBX/posts/593750063970782

DHS Confirms Targeting Gox/Dwolla:

http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/

That was last week when Dwolla was down.

Freedom is a state of mind, and then Bitcoin comes along.....
-S4VV4S
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