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nobbynobbynoob
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September 30, 2013, 03:14:19 PM |
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I don't see a problem with centralised exchanges complying with the laws/regulations, no matter how much we anarchists and libertarians dislike most/all of them. Complying with the State's edicts, including paying taxes if they demand it, aren't selling out on one's principles: they are self-preservation instinct, just like I show my id to the police in Europe if they do a sus-law stop'n'search on me, as they are wont to do, especially in German-speaking places.
If you wish to trade bitcoin/fiat cross without id verification, AML/KYC compliance and so forth, there are already ways of doing that.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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faiza1990
Sr. Member
 Offline
Activity: 420
Merit: 250
★☆★777Coin★☆★
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September 30, 2013, 03:21:40 PM |
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Everyone has to comply with laws. It is not a difficult process to get verified, and if you believe they are honest, you would do it without trouble  yes agree if we want more good and honest peoples in this community we have to accept this |
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DannyM
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September 30, 2013, 03:52:56 PM |
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Think of the children!
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jeffhuys
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September 30, 2013, 05:46:26 PM |
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By the way, "best" does not mean only that little "function". It's still the best because of service and reliability.
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TERA
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September 30, 2013, 07:01:10 PM |
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Please name another exchange that has better liquidity and support than bit stamp. These days you cannot even withdraw from practically any other exchange.
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Trading
Legendary
Offline
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
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October 01, 2013, 02:21:29 PM |
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Why pay 0.5% commission and have to verify, when you can trade at Bitstamp for 0.35% and keep unverified (if you don't transfer fiat): Bitfinex.
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redtwitz
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October 01, 2013, 06:58:53 PM |
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I for one value my privacy and rather move to those dubious sites than to those bending over.
What privacy? If you use Bitstamp to exchange bitcoins for fiat or viceversa, so you have to make a SEPA deposit or withdrawal. Sure, using a "service" that might just run away with your money is much better than sending them two documents containing information that they already have... |
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Pale Phoenix
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October 01, 2013, 08:05:58 PM |
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They just like MtGox require us to verify our accounts, sorry this is bullshit, I do not accept this, furthermore if you DON'T verify by the 30th of September, you will NOT be able to do Bitcoin transactions or Bank transactions.
this is BS i had not even heard about this until today... and i have been using bitstamp the entire month... even did a small withdrawal yesterday now when I need to do a larger withdrawal today, i have to wait to get verified... they should get fined by the regulators for not communicating this to customers as they log in (i dont have time to read their blog...) you don't just change the terms of service, and not communicate it properly. So you want regulators to take action against them for complying with other regulations you don't like? LOL |
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bernard75
Legendary
Offline
Activity: 1316
Merit: 1003
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October 01, 2013, 08:45:52 PM |
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I for one value my privacy and rather move to those dubious sites than to those bending over.
What privacy? If you use Bitstamp to exchange bitcoins for fiat or viceversa, so you have to make a SEPA deposit or withdrawal. Sure, using a "service" that might just run away with your money is much better than sending them two documents containing information that they already have... There's a sucker born every minute. |
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redtwitz
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October 02, 2013, 01:30:54 AM |
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Sure, using a "service" that might just run away with your money is much better than sending them two documents containing information that they already have...
There's a sucker born every minute. And a fool and his coins are soon parted... |
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bernard75
Legendary
Offline
Activity: 1316
Merit: 1003
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October 02, 2013, 10:52:20 AM |
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They brought this upon themselves by their fail to inform customers.
Now they have 26427 open tickets.
Way to go Bistamp.
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