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Author Topic: Dwolla can no longer process deposits or withdrawals to MtGox  (Read 12844 times)
Stunna
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May 15, 2013, 01:51:08 AM
 #141

Never did like Dwolla.

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May 15, 2013, 01:53:36 AM
 #142

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.

My bad.
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May 15, 2013, 02:04:17 AM
 #143

They are trying to destroy what they can't control. What they can't control is where I want to be. Screw it, I'm buying more coins today. Wasn't planning to, but this entire thing just proves how stupid it is to hold on to dollars.
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May 15, 2013, 02:05:52 AM
 #144

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?

As has been mentioned before, if you buy bitcoins you can transfer them to CampBX or Coinbase and then get them sent to your account. CampBX works with Dwolla, Coinbase links directly to your bank account like Dwolla does.

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The best place for betting with bitcoin: BitBet.us
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May 15, 2013, 02:07:40 AM
 #145

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?

As has been mentioned before, if you buy bitcoins you can transfer them to CampBX or Coinbase and then get them sent to your account. CampBX works with Dwolla, Coinbase links directly to your bank account like Dwolla does.

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May 15, 2013, 02:23:52 AM
 #146

Anyone been able to dig up a copy of these "court orders"...aren't such things a matter of public record?



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mmortal03
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May 15, 2013, 02:24:11 AM
 #147

Wait, I'm confused....

People are still using Mt.Gox?
Who else are you going to use?  Everyone else has lax security or no US-customer options.

CampBX is in the US. Do they have lax security? They also use Dwolla.
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May 15, 2013, 02:29:02 AM
 #148

Wait, I'm confused....

People are still using Mt.Gox?
Who else are you going to use?  Everyone else has lax security or no US-customer options.

CampBX is in the US. Do they have lax security? They also use Dwolla.

CampBX is solid, they just don't cope with load that well (site is very sluggish right now). By the way Dwolla transfers on CampBX are working just fine, I withdrawed some $ just now and received it in Dwolla instantly.
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May 15, 2013, 02:32:33 AM
 #149

Anyone been able to dig up a copy of these "court orders"...aren't such things a matter of public record?
Only those things the ruling gang don't mind being public are a matter of public record.
Dump dollars, fight oppression. The weaker the dollar, the less power they have.
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May 15, 2013, 03:00:04 AM
 #150

I wonder if more payment processors will have their accounts frozen by the goverments Undecided

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May 15, 2013, 03:21:56 AM
 #151

some in europe have already....see tranferwise


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May 15, 2013, 03:53:22 AM
 #152

They are trying to destroy what they can't control. What they can't control is where I want to be. Screw it, I'm buying more coins today. Wasn't planning to, but this entire thing just proves how stupid it is to hold on to dollars.

Exactly this. They are cracking down on people rightfully receiving US$ they own.

.. And people's reaction is to buy more $$$? I'm speechless.

When this happened in Cyprus (authorities halting fiat movement), the price of BTC went up.

Bitcoin is the solution to these problems... We are witnessing the beginning of the last gasps of authority recklessly trying to hold onto a broken monetary system.

It's time to properly separate the concerns of government and finance.

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May 15, 2013, 03:56:29 AM
 #153


CampBX is solid, they just don't cope with load that well (site is very sluggish right now).

lol, isn't another exchange known for this problem as well? maybe some slack should be given to both
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May 15, 2013, 05:56:22 AM
 #154

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)

The actor is a key investor of Dwolla, and major investor of online ventures such as airbnb, hipmunk and others.
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May 15, 2013, 08:55:51 AM
 #155

Never did like Dwolla.

I did.  Until now.  I dont think they've handled the PR well.

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May 15, 2013, 08:58:40 AM
 #156

terrible news... What payment method is next   Huh
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May 15, 2013, 09:48:22 AM
 #157

I really want to find out exactly why the entire MtGox account was frozen.

In time I'm sure the reasons behind this decision will be made public and I won't be surprised if it comes down to something as simple as one 'complaint' by someone against Dwolla which led to this massive over reaction affecting thousands of people.

If this is the case then there will be lots of lawyers on the DHS side looking for more reasons to justify their actions after the fact.

The kind of thing I'm talking about here is maybe they found one criminal sending or withdrawing money to / from Bitcoin via Dwolla so they shut the whole MtGox account down.
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May 15, 2013, 09:52:21 AM
 #158

It could be anything...

"Because Iran" seems to be a popular reason these days.

It's quite ridiculous. Revolution long overdue.

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May 15, 2013, 10:05:09 AM
 #159

Am I the only one finding it suspicious that such attack on MtGox came soon after CoinLab lawsuit?

Perhaps I'm just being overly paranoid, but Vesseness looks increasingly suspicious to me. He surely has some contacts... VCs, big law firms... He chose Washington D.C. to siege TBF (any place with more lobbyists per m2 in the world?).

Could he have anything to do with this?

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May 15, 2013, 10:08:47 AM
 #160

Am I the only one finding it suspicious that such attack on MtGox came soon after CoinLab lawsuit?

Perhaps I'm just being overly paranoid, but Vesseness looks increasingly suspicious to me. He surely has some contacts... VCs, big law firms... He chose Washington D.C. to siege TBF (any place with more lobbyists per m2 in the world?).

Could he have anything to do with this?

Good point ... the thing that is really damaging is the timing

We're about to have a conference with great stuff demonstrated

But exactly one month before a whole slew of people have decided to do things very damaging to bitcoin.  At least they could have waited till post conference, in the interests of the community. 

Doesnt matter tho ... bitcoin can only get stronger and stronger.  As they say, all publicity is good publicity!
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