Bitcoin Forum
December 11, 2017, 09:30:42 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: 1 2 3 4 [All]
  Print  
Author Topic: Dwolla stops support for virtual currencies  (Read 5689 times)
rbdrbd
Sr. Member
****
Offline Offline

Activity: 350



View Profile
October 10, 2013, 07:36:03 PM
 #1

I received the following email from Dwolla today:

-------------
Dear Dwolla Account Holder,

As you know, Dwolla does not sell, accept, mine, value, take possession of, or hold Bitcoin or any other virtual currency product, and none of Dwolla’s users transact business with Dwolla using Bitcoin or any other virtual currency product. However, recent interest involving virtual currency and its exchanges has created uncertainty and confusion around virtual currency, and Dwolla's relationship with a small number of its exchanges. This has forced Dwolla to reassign resources, funds, and services.

As Dwolla gears up for a new stage of growth, we recognize that we can no longer sustain this merchant base (.1 percent of Dwolla merchants) and its unique needs, and that attempting to do so jeopardizes both of our communities' starkly different, but similarly ambitious, vision for improving payments.

Effective October 28, 2013 at 4pm CT, Dwolla will be withdrawing its service offerings to virtual currency exchanges and virtual currency related services.

What does this mean?
•   Your account, and its functionality, will remain unaffected. However, you can deactivate your account from within your Dwolla dashboard, if you so choose.
•   Dwolla aims to provide its users and the few affected merchants with the guidance necessary to ensure a smooth transition. To do that, we encourage users to over-communicate with our support team, report any suspicious activity, and revisit our terms of service to ensure uninterrupted services.
What is the timeline of events?
1.   October 10: Only existing users with a 30-day history with Dwolla will be able to send funds to merchants affected by this change.
2.   October 15: Affected merchants will be limited to sending money only, and will no longer be able to receive funds from customers. They will be able to issue refunds to customers at this time.
3.   October 28: Affected merchants’ accounts will be suspended. No further activity will be provided.
4.   October 29: Provided no security or fraud concerns, Dwolla will transfer any of the remaining funds inside the affected merchant's Dwolla account to its linked bank account.
The decision to remove anyone from the network -- no matter the circumstances -- is not something Dwolla takes lightly. We are grateful for the opportunity to service and learn from these users. We wish the community and its pioneers the best.

Sincerely,
Dwolla Support
1513027842
Hero Member
*
Offline Offline

Posts: 1513027842

View Profile Personal Message (Offline)

Ignore
1513027842
Reply with quote  #2

1513027842
Report to moderator
1513027842
Hero Member
*
Offline Offline

Posts: 1513027842

View Profile Personal Message (Offline)

Ignore
1513027842
Reply with quote  #2

1513027842
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
FullLife
Hero Member
*****
Offline Offline

Activity: 504



View Profile
October 10, 2013, 07:41:47 PM
 #2

Just received this email as well.
tclo
Hero Member
*****
Offline Offline

Activity: 490



View Profile
October 10, 2013, 07:44:37 PM
 #3

Yes I just got this email and that is bad bad bad for me, because I use Dwolla with CampBX all the time...damn.

The War on Bitcoin continues...
ForceField
aka Vitaliy
Sr. Member
****
Offline Offline

Activity: 388



View Profile
October 10, 2013, 07:48:14 PM
 #4

I can confirm that I also received the same email.

This is yet another restricting factor on Bitcoin's liquidity.

PC Hardware & Electronics For BTC     Traded w/: Kansattica | jduck1987 | shakaru | newdude | nitetrader | midievil | blo8i | mb300sd | juggalodarkclow | Garr255 | Tril | Ringmasta | SysRun | CrazyBlane | sokay | BCB | str4wm4n | PinkBatman | Bitobsessed | matauc12 | antimattercrusader | BryanK
FullLife
Hero Member
*****
Offline Offline

Activity: 504



View Profile
October 10, 2013, 07:50:16 PM
 #5

Yes I just got this email and that is bad bad bad for me, because I use Dwolla with CampBX all the time...damn.

The War on Bitcoin continues...

I used the same method, and I'm sure plenty of other people did as well.  I guess we're down to USPS money orders now.
JackH
Sr. Member
****
Offline Offline

Activity: 380


View Profile
October 10, 2013, 07:50:51 PM
 #6

So a lesser used system, on the brink of disappearing into the unknown (especially when compared to Bitcoin) drops the usage of allowing people to convert into BTC? Sounds like a suicide attempt. Honestly, nobody knows what Dwolla is, its a niche system, and we should move on and leave them die without dignity.

<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise
<helo> oh, you don't like a 20x increase? well how about 8192x increase?
<JackH> lmao
btceic
Sr. Member
****
Offline Offline

Activity: 392


♫ A wave came crashing like a fist to the jaw ♫


View Profile WWW
October 10, 2013, 07:52:57 PM
 #7

It just means that they are taking bitcoin away from the "little hands" so that it can "safely" go onto the "real" exchanges aka nyse, nasdaq etc. I expect that we will experience some serious volatility very soon and then quiet and then some seriously good news. If you have the balls to hold or purchase through the dips that are sure to come then you should come out alright.

♫ This situation, which side are you on? Are you getting out? Are you dropping bombs? Have you heard of diplomatic resolve? ♫ How To Run A Cheap Full Bitcoin Node For $19 A Year ♫ If I knew where it was, I would take you there. There’s much more than this. ♫ Track Your Bitcoins Value
ralree
Hero Member
*****
Offline Offline

Activity: 518


Manateeeeeeees


View Profile
October 10, 2013, 07:58:24 PM
 #8

Go deactivate your account and email them to let them know why.

1MANaTeEZoH4YkgMYz61E5y4s9BYhAuUjG
FullLife
Hero Member
*****
Offline Offline

Activity: 504



View Profile
October 10, 2013, 08:01:26 PM
 #9

So a lesser used system, on the brink of disappearing into the unknown (especially when compared to Bitcoin) drops the usage of allowing people to convert into BTC? Sounds like a suicide attempt. Honestly, nobody knows what Dwolla is, its a niche system, and we should move on and leave them die without dignity.

Dwolla isn't going anywhere, they seem to be doing quite well actually.
tclo
Hero Member
*****
Offline Offline

Activity: 490



View Profile
October 10, 2013, 08:24:21 PM
 #10

Go deactivate your account and email them to let them know why.

Yes I'm going to deactivate my account out of principle, if nothing else.
rampantparanoia
Sr. Member
****
Offline Offline

Activity: 434



View Profile
October 10, 2013, 08:33:20 PM
 #11

considering i only used this service to send money to campbx, I'll be deactivating. Also won't be using campbx anymore.

btceic
Sr. Member
****
Offline Offline

Activity: 392


♫ A wave came crashing like a fist to the jaw ♫


View Profile WWW
October 10, 2013, 08:35:06 PM
 #12

considering i only used this service to send money to campbx, I'll be deactivating. Also won't be using campbx anymore.

Anybody see an easy 1 click way to deactivate your dwolla account? It is quite possible that I missed the link or button...

♫ This situation, which side are you on? Are you getting out? Are you dropping bombs? Have you heard of diplomatic resolve? ♫ How To Run A Cheap Full Bitcoin Node For $19 A Year ♫ If I knew where it was, I would take you there. There’s much more than this. ♫ Track Your Bitcoins Value
Cubic Earth
Legendary
*
Offline Offline

Activity: 868



View Profile
October 10, 2013, 08:37:21 PM
 #13

I think this is going to hurt CampBX much more than it will Dwolla, and it for Bitcoin it is only a matter of wounded pride.  Now the only way to get money to them is by using postal mail via money orders or personal checks.  No wire transfers, no ACH.

I probably should cancel my Dwolla account out of protest, but I also may keep it for my own self interest, just in case Dwolla changes their mind.

My average revenue-generating Dwolla transaction was probably $1,500 - $2,000, so I can see the $0.25 fee not being worth it to them.  And forget about any interest, most of my transactions passed into and out of Dwolla within minutes.


        ▄▄█████████▄
     ▄████▀▀      ▀████▄
   ▄███▀    ▄▄▄▄▄   ▀████▄
  ▄██▀    ▄███████▄   ▀███
 ▄██▀    ▐███▀▀▀███▌    ████▄
 ███     ▐███          ▀▀███▌
 █▄
      ▀███████▄      ▄▀█
▐████▄       ▀▀▀███▌     ███
▀███    ▐███   ███▌    ▄██▀
  ███▄   ▀███████▀    ▄██▀
   ▀████▄   ▀▀▀▀▀    ▄███▀
     ▀████      ▄▄████▀
        ▀▀█████████▀▀
.SWAPPER.io.       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄███████▀▀▀▀▄▄▄▄▀███████▄
▄█████▀▄▄▄▄▄▄▄▄▄▄▄▄▄▀█████▄
██████ █▄▄█▄▄█▄▄▀  ▀ ██████
██████ ████████ ▄▀▀█ ██████
██████ ████████ ▀▄▄█ ██████
▀█████ █▀▀█▀▀█▀▀▄  ▄ █████▀
 ▀████▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
DEFERRED
TAX
PAYMENT
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄█████▀▀▀ ▀▀▀▀▀ ▀▀▀█████▄
▄█████ ███▄█████▄███ █████▄
██████ ██▄▄▄▄▄▄▄▄▄██ ██████
██████ ██▄▄█▄▄▄█▄▄██ ██████
██████ ██▄▄█▄▄▄█▄▄██ ██████
▀█████ ██▄▄█▄▄▄█▄▄██ █████▀
 ▀████▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
LIKE
KIND
EXCHANGE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄███████▀▄▄▀█▀▄▄▀███████▄
▄█████████▄▀█ █▀▄█████████▄
██████ ▄▄▄▄▄ ▄ ▄▄▄▄▄ ██████
██████▄ ▄▄▄▄ ▄ ▄▄▄▄ ▄██████
███████ ████ █ ████ ███████
▀██████ ████ █ ████ ██████▀
 ▀█████ ▀▀▀▀ ▀ ▀▀▀▀ █████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
ASSET-NEUTRAL
SMART
CONTRACTS
[]
rampantparanoia
Sr. Member
****
Offline Offline

Activity: 434



View Profile
October 10, 2013, 08:46:40 PM
 #14

I think this is going to hurt CampBX much more than it will Dwolla, and it for Bitcoin it is only a matter of wounded pride.  Now the only way to get money to them is by using postal mail via money orders or personal checks.  No wire transfers, no ACH.

Agreed. Why send a MO when you can sell for cash on localbitcoins?
CampBX, I'm sorry but your days are numbered.

mccoyspace
Full Member
***
Offline Offline

Activity: 237


View Profile WWW
October 10, 2013, 09:31:51 PM
 #15

I got this message from them on Tuesday. They are about to introduce new features and I think they see Bitcoin as competition. They don't want to support the development of their competor.

   
Reserve your seat.
We’ve been working on something we’re pretty excited about, something that will:
Allow you to buy the things you love, immediately
Introduce a new level of convenience to the community
Carry the same low transaction fee
Introduce some new friends to the platform
Open up the network to new ideas and possibilities
yvv
Legendary
*
Offline Offline

Activity: 1330

Moirai Pre-ICO starts on 28.10.2017


View Profile WWW
October 10, 2013, 09:39:21 PM
 #16

Yes I just got this email and that is bad bad bad for me, because I use Dwolla with CampBX all the time...damn.

The War on Bitcoin continues...

It is not the war, it is ignoring. Crypto coin adopters are freaking negligible number of people, and this number is not going to grow in observable future. Who would bother about 0.1% of customers?

         ▀█████▀
▀▄         ███         ▄▀
  █▄       ███       ▄█
   ██      ███      ██
    ██     ███     ██
    ▀██▄▄  ███  ▄▄██▀
      ▀███████████▀
         ▀▀███▀▀
           ███
           ███
           ███
           ███
         ▄█████▄
.MOIRAI.
  ██████
██████
█████
███
███
███
███
███
███
███
███

██████
██████
  █████
      ███
      ███
      ███
      ███
      ███
      ███
      ███
        ███

    ▄█████
    ██████
    ███▀
    ███
███████
███████
    ███
    ███
    ███
    ███
    ███

█▄                ▄████▄
██▄             ███████▄▄▄
▀███▄▄      █████████▄
  ▀███████████████▀
▀████████████████
    ▀█████████████
  ▀█████████████
      ▀▀█████████
    ▄▄████████▀
██████████▀
    ▀▀▀▀▀

                              ▄▄██
                        ▄██████
                  ▄████▀▀███
            ▄█████▀  ▄████
      ▄██████▀  ▄██████
▄███████▀  ▄████████
  ▀▀▀▀███    █████████
            ██    █████████
            ▀█  ▄█▀    ▀████
              ██▀            ▀██
JackH
Sr. Member
****
Offline Offline

Activity: 380


View Profile
October 10, 2013, 09:42:55 PM
 #17

I got this message from them on Tuesday. They are about to introduce new features and I think they see Bitcoin as competition. They don't want to support the development of their competor.

   
Reserve your seat.
We’ve been working on something we’re pretty excited about, something that will:
Allow you to buy the things you love, immediately
Introduce a new level of convenience to the community
Carry the same low transaction fee
Introduce some new friends to the platform
Open up the network to new ideas and possibilities

LOL! Really? This is just yet another centralized system among, what, 50? Seriously, we dont need Dwolla, Bitcoin has grown bigger than this piece of shit system, and as many others they will realize they will fail at the idea of "we will hold your money safe".

<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise
<helo> oh, you don't like a 20x increase? well how about 8192x increase?
<JackH> lmao
tclo
Hero Member
*****
Offline Offline

Activity: 490



View Profile
October 10, 2013, 09:47:40 PM
 #18

Yes I just got this email and that is bad bad bad for me, because I use Dwolla with CampBX all the time...damn.

The War on Bitcoin continues...

It is not the war, it is ignoring. Crypto coin adopters are freaking negligible number of people, and this number is not going to grow in observable future. Who would bother about 0.1% of customers?

They aren't "ignoring" their bitcoin customers if they are actively going out of their way not to service their accts, and lose business in the future.   

It may not even be Dwolla's fault and probably the US gov't (backed by Bankers) putting the pressure on them.
btc4ever
Sr. Member
****
Offline Offline

Activity: 419


View Profile
October 10, 2013, 09:49:01 PM
 #19

Why the Only Real Way to Buy Bitcoins Is on the Streets
http://www.wired.com/wiredenterprise/?p=47251

Psst!!  Wanna make bitcoin unstoppable? Why the Only Real Way to Buy Bitcoins Is on the Streets. Avoid banks and centralized exchanges.   Buy/Sell coins locally.  Meet other bitcoiners and develop your network.   Try localbitcoins.com or find or start a buttonwood / satoshi square in your area.  Pass it on!
impulse
Full Member
***
Offline Offline

Activity: 151


View Profile
October 10, 2013, 09:56:51 PM
 #20

I don't live in the States and so I am not intimately familiar with how Dwolla works, so what makes them special? How are they different from other payment systems like Paypal? Why can't a Bitcoin company replicate their success?
yvv
Legendary
*
Offline Offline

Activity: 1330

Moirai Pre-ICO starts on 28.10.2017


View Profile WWW
October 10, 2013, 09:59:04 PM
 #21


They aren't "ignoring" their bitcoin customers if they are actively going out of their way not to service their accts, and lose business in the future.   

It may not even be Dwolla's fault and probably the US gov't (backed by Bankers) putting the pressure on them.

I do not share this conspiracy. IMO, dealing with all this crypto technologies, which are in beta phase at best, cost them too much pain in the ass with too little profit.

         ▀█████▀
▀▄         ███         ▄▀
  █▄       ███       ▄█
   ██      ███      ██
    ██     ███     ██
    ▀██▄▄  ███  ▄▄██▀
      ▀███████████▀
         ▀▀███▀▀
           ███
           ███
           ███
           ███
         ▄█████▄
.MOIRAI.
  ██████
██████
█████
███
███
███
███
███
███
███
███

██████
██████
  █████
      ███
      ███
      ███
      ███
      ███
      ███
      ███
        ███

    ▄█████
    ██████
    ███▀
    ███
███████
███████
    ███
    ███
    ███
    ███
    ███

█▄                ▄████▄
██▄             ███████▄▄▄
▀███▄▄      █████████▄
  ▀███████████████▀
▀████████████████
    ▀█████████████
  ▀█████████████
      ▀▀█████████
    ▄▄████████▀
██████████▀
    ▀▀▀▀▀

                              ▄▄██
                        ▄██████
                  ▄████▀▀███
            ▄█████▀  ▄████
      ▄██████▀  ▄██████
▄███████▀  ▄████████
  ▀▀▀▀███    █████████
            ██    █████████
            ▀█  ▄█▀    ▀████
              ██▀            ▀██
murraypaul
Sr. Member
****
Offline Offline

Activity: 476


View Profile
October 10, 2013, 10:01:00 PM
 #22

They aren't "ignoring" their bitcoin customers if they are actively going out of their way not to service their accts, and lose business in the future. 

They've made a simple calculation that the cost and effort required for the Bitcoin related business is more than the fees it brings in.

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
yvv
Legendary
*
Offline Offline

Activity: 1330

Moirai Pre-ICO starts on 28.10.2017


View Profile WWW
October 10, 2013, 10:01:27 PM
 #23

I don't live in the States and so I am not intimately familiar with how Dwolla works, so what makes them special? How are they different from other payment systems like Paypal? Why can't a Bitcoin company replicate their success?

They are not special at all. I used Paypal for years, but I learned about Dwolla only few month ago, when I tried to buy some bitcoins.

         ▀█████▀
▀▄         ███         ▄▀
  █▄       ███       ▄█
   ██      ███      ██
    ██     ███     ██
    ▀██▄▄  ███  ▄▄██▀
      ▀███████████▀
         ▀▀███▀▀
           ███
           ███
           ███
           ███
         ▄█████▄
.MOIRAI.
  ██████
██████
█████
███
███
███
███
███
███
███
███

██████
██████
  █████
      ███
      ███
      ███
      ███
      ███
      ███
      ███
        ███

    ▄█████
    ██████
    ███▀
    ███
███████
███████
    ███
    ███
    ███
    ███
    ███

█▄                ▄████▄
██▄             ███████▄▄▄
▀███▄▄      █████████▄
  ▀███████████████▀
▀████████████████
    ▀█████████████
  ▀█████████████
      ▀▀█████████
    ▄▄████████▀
██████████▀
    ▀▀▀▀▀

                              ▄▄██
                        ▄██████
                  ▄████▀▀███
            ▄█████▀  ▄████
      ▄██████▀  ▄██████
▄███████▀  ▄████████
  ▀▀▀▀███    █████████
            ██    █████████
            ▀█  ▄█▀    ▀████
              ██▀            ▀██
harposox
Jr. Member
*
Offline Offline

Activity: 37


View Profile
October 10, 2013, 10:35:30 PM
 #24

I don't live in the States and so I am not intimately familiar with how Dwolla works, so what makes them special? How are they different from other payment systems like Paypal? Why can't a Bitcoin company replicate their success?

My understanding is that they operate outside of the traditional banking system – they're essentially in the process of setting up their very own financial payments network. Not sure of the actual nuts and bolts, but part of their mission is to provide super-cheap transactions, because in their most basic form, financial transactions are simply exchanges of data. Anything under $10 is free, and anything over – even millions – is only $.25.

This is really a bummer for those of us in the States. Dwolla rocks.
n8rwJeTt8TrrLKPa55eU
Hero Member
*****
Offline Offline

Activity: 588



View Profile
October 10, 2013, 10:54:41 PM
 #25

Suicidal move. One picture worth 1000 words, try it for yourself...


Mike Christ
aka snapsunny
Legendary
*
Offline Offline

Activity: 1092



View Profile
October 10, 2013, 11:14:40 PM
 #26

My dwolla account was useless the moment I could no longer use it to fund my Gox account (with that said, my Gox account was useless on that same day lol)

Oh well!  Localbitcoins hasn't let me down thus far.

p2pbucks
Hero Member
*****
Offline Offline

Activity: 650


Evolution is the only way to survive


View Profile WWW
October 10, 2013, 11:38:34 PM
 #27

Go deactivate your account and email them to let them know why. Angry Angry Angry Angry Angry
ralree
Hero Member
*****
Offline Offline

Activity: 518


Manateeeeeeees


View Profile
October 11, 2013, 01:37:14 AM
 #28

considering i only used this service to send money to campbx, I'll be deactivating. Also won't be using campbx anymore.

Anybody see an easy 1 click way to deactivate your dwolla account? It is quite possible that I missed the link or button...

See these instructions to deactivate:

http://help.dwolla.com/customer/portal/articles/269223-how-can-i-delete-my-dwolla-account-

1MANaTeEZoH4YkgMYz61E5y4s9BYhAuUjG
papaminer
Sr. Member
****
Offline Offline

Activity: 462


Free World


View Profile WWW
October 11, 2013, 01:53:54 AM
 #29

what is dwolla anyway?

is that some form of slang for DOLLAR?

Cheesy

go deactivate your account!

GO BITCOIN OR GO HOME!!!

฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z

MORE INFO ABOUT ME: BTC
jbreher
Legendary
*
Offline Offline

Activity: 1862


lose: unfind ... loose: untight


View Profile
October 11, 2013, 01:56:50 AM
 #30

Pfft. I have had scant use for Dwolla for some time, and don't imagine that will change much in the future. Those that were around when they wreaked havoc by reversing payments of thousands upon thousands to TradeHill might have an inkling why.

I recently had an interesting email exchange with Dwolla, prompted by their teaser email to me. It is presented here in reverse chronological email threaded order.

Since my last email to them, they have not replied with answers to my direct questions. I wonder why?

Quote
Me
OCT 03, 2013
HI, anonymous support person. Once again, I do thank you for the continued dialogue.

Thank you for providing the quote of what your _current_ policy upon reversals (which I had previously been terming chargebacks - sorry for the confusion). It does appear to be these 'reversals' of which I am speaking.

I understand that your current policy makes allowance for such reversals. However, it would appear that it was not always so.

On what date was this policy enacted? On what date was it divulged to customers? On what date did Dwolla stop saying that your service allowed merchants to "rid themselves of chargeback fees"?

The evidence to which I am currently privy suggests that this policy was drafted and divulged _after_ the TradeHill reversal.

See:
http://bitcoinmoney.com/post/8067352221/dwolla-allows-chargebacks
amongst other sources.

Thanks -
<name redacted>

Quote
Dwolla Support
OCT 03, 2013
<User>,

Thank you for your email and clarification. I believe the explanation you are looking for regarding Dwolla's reversal policy can be found in our terms of service www.dwolla.com/tos, under section 13 (Reversals) stating:

The recipient of funds may be subject to reversals occurring within the User Account if claims are made by the sending party or by the sending party's Financial Institution.

You understand and agree that:

If there is a reversal of a payment to You, You will be liable to the Financial Institution Partner for the full amount of the reversed payment plus a fee in the amount of $15 ("Reversal fee"). The reversed payment plus the reversal fee is the "Reversal Liability."

Reversals are debited by the Financial Institution Partner in the Veridian Holding Account and will be reflected in Your Dwolla User Account.

If You do not have a balance in Your Dwolla User Account that is sufficient to cover Your Reversal Liability, the remaining balance in Your Dwolla User Account (if any) will be used to cover the Reversal Liability, and You authorize Us, to take any of the following actions:

Debit Your attached Bank Account in the amount of the unpaid portion of the Reversal Liability;
Suspend Your User Account and require You to take immediate actions to repay the unpaid portion of the Reversal Liability; and/or
Engage in collection efforts to recover the unpaid portion of the Reversal Liability.

I hope this is the answer you were looking for in regards to our policy on reversals and what may have occurred in regards to a payment being reversed through the sending parties financial institution.

If there is anything else we can provide for you please let us know, and we would be more than happy to provide additional information regarding this matter.

Have a wonderful day.

Sincerely,
Dwolla Support
Try our new search feature!
Provide us some feedback!
---- Message Disclaimer -----

This e-mail message is intended only for the use of the individual or entity to which it is addressed, and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, any dissemination, distribution or copying of this communication is strictly prohibited.

Quote
Me
OCT 03, 2013
Hi, anonymous support person. Thanks for the continued dialogue. But let's not be coy here. I think, should you have been at Dwolla any significant time, you'd know exactly of what I am speaking.

The allegation made by TradeHill is that you rescinded a large payment to them after first transmitting the payment. This is what I am referring to as a 'chargeback'. I understand that the backend payment networks allow a payer to claw back a payment already made to a payee. This is what is alleged to have occurred. I don't recall the details, but my impression is that several dozen thousand dollars involved.

Here's a nice summation:

http://www.americanbanker.com/issues/177_45/tradehill-dwolla-bitcoin-exchange-digital-currency-lawsuit-1047273-1.html

I note that in the article, Lampe refuses to meaningfully address the question.

This is what I mean when I say I "never heard an explanation" about Dwolla's conduct in this event. Who shall address this issue, and provide me with any rationale for what appears to me -- at least on the surface -- as a theft of other's property?

<name redacted>

Quote
Dwolla Support
OCT 02, 2013
<User>,

Thank you for your email. I would be more than happy to provide an explanation for you. Would you be able to provide more details surrounding your question? What are you referring to in regards to "charging back against accounts."

Thank you for your clarification, and we look forward to answering any additional questions you may have.

Quote
Me
OCT 01, 2013
Original message
You sent an email asking bout my recent non-use of my account.

Quite frankly, I am somewhat reticent to use your service due to the TradeHill fiasco some months back. I've never heard an explanation of how you might have charged back against their account, given your then-advertised policy of no chargebacks.

Does anyone care to explain this to me?

<name redacted>

Quote
Dear <User>,

It looks like there has not been any activity in your account over the past month.

We've been busy building some really exciting things and wanted to reach out to see if there is anything we can do to help you have a great experience moving money!

If there is anything we can assist with, please visit our FAQ section or contact our customer support team by email: support@dwolla.com.

Thank you for being a Dwolla member.

Sincerely,
The Dwolla Team

All emails from Dwolla will contain this footer. Dwolla will never reveal or ask for personal information in an email. If you are concerned about clicking links in this email, type dwolla.com directly into your browser.
Unsubscribe from these emails
Dwolla Inc. – 666 Walnut, Suite 1830 – Des Moines IA 50309
Email: support@dwolla.com
© 2013 Dwolla Inc., All rights reserved.

edit: added one more close quote above, to put the following in the proper context

My guess is that they have not answered my last round of direct questions, as it shows them in a very poor light. I have my own opinion of them based upon this event, which dealt a severe blow to an honest exchange that could have possibly given Gox a contest for the title of most meaningful exchange.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
TheButterZone
Legendary
*
Offline Offline

Activity: 1988


Nemo me impune lacessit


View Profile WWW
October 11, 2013, 02:08:50 AM
 #31

Of course they won't respond with anything but boilerplate when what they say may be used against them in court. LOL

cbeast
Donator
Legendary
*
Offline Offline

Activity: 1736

Let's talk governance, lipstick, and pigs.


View Profile
October 11, 2013, 02:10:53 AM
 #32

First Mt Gox, then BitInstant, now Dwolla. Americans BTC users don't have many options for exchanging local currency.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
MicroGuy
Legendary
*
Offline Offline

Activity: 1680


www.MicroGuy.com


View Profile WWW
October 11, 2013, 02:13:57 AM
 #33

It is not the war, it is ignoring. Crypto coin adopters are freaking negligible number of people, and this number is not going to grow in observable future. Who would bother about 0.1% of customers?

The email said .1 percent of Dwolla "merchants". I suspect that Bitcoin transactions account for a substantial percentage of their total volume.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
tclo
Hero Member
*****
Offline Offline

Activity: 490



View Profile
October 11, 2013, 05:44:28 AM
 #34

It is not the war, it is ignoring. Crypto coin adopters are freaking negligible number of people, and this number is not going to grow in observable future. Who would bother about 0.1% of customers?

The email said .1 percent of Dwolla "merchants". I suspect that Bitcoin transactions account for a substantial percentage of their total volume.

Yes that is just "spin" and I'm sure you are right.
LorenzoMoney
Sr. Member
****
Offline Offline

Activity: 335



View Profile
October 11, 2013, 05:49:21 AM
 #35

Not only that but Bitfunder.com is now closed for USA users. BTCT closed down.

Bitcoin is set to become the World minus USA currency.


First Mt Gox, then BitInstant, now Dwolla. Americans BTC users don't have many options for exchanging local currency.

https://twitter.com/Lorenzo_Money -- Bitcoin Address: 1EttqaSSCksRAXrwejoChs5zmGjSikN9mC -- http://lorenzomoney.wordpress.com/
The Bulk of mankind is as well equipped for flying as thinking. - Jonathan Swift
DOGE COIN address: DSYMgD1HfmJFwNuc6Zvhp7PkrVD1QRBsgu
Come-from-Beyond
Legendary
*
Online Online

Activity: 1792

Newbie


View Profile
October 11, 2013, 08:49:06 AM
 #36

The War on Bitcoin continues...

Bitcoin has already won.
JackH
Sr. Member
****
Offline Offline

Activity: 380


View Profile
October 11, 2013, 09:11:49 AM
 #37

The War on Bitcoin continues...

Bitcoin has already won.

It must be hard for those centralized services to come to understand that the power they once held by shutting down accounts and freezing assets is now over. We have an alternative, and while they still do not fully grasp that we are mocking them, they are really trying hard to sound professional and in control.

Dwolla is a great example on how users could care less about now that something such as Bitcoin exists. This behavior we will see more and more from centralized services that will close operations, while at the same time thinking they are the greatest achievement to mankind.

<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise
<helo> oh, you don't like a 20x increase? well how about 8192x increase?
<JackH> lmao
Kluge
Donator
Legendary
*
Offline Offline

Activity: 1218


Michael, send me some coins before I hitman you


View Profile
October 11, 2013, 09:15:41 AM
 #38

Not only that but Bitfunder.com is now closed for USA users. BTCT closed down.

Bitcoin is set to become the World minus USA currency.


First Mt Gox, then BitInstant, now Dwolla. Americans BTC users don't have many options for exchanging local currency.
Minus Thailand, too, and it's legally iffy in China.

Shrem gave a talk at a Bitcoin conference a few days ago saying BitInstant will be back and ready to tackle regulatory issues (paraphrasing), so there's one thing to look forward to. If you want cash back once you're in the system, though - you'll probably have to do it locally. BTC price will skyrocket!  Tongue

Don't mix your coins someone said isn't legal
greyhawk
Hero Member
*****
Offline Offline

Activity: 924


View Profile
October 11, 2013, 09:17:19 AM
 #39

Not only that but Bitfunder.com is now closed for USA users. BTCT closed down.

Bitcoin is set to become the World minus USA currency.


First Mt Gox, then BitInstant, now Dwolla. Americans BTC users don't have many options for exchanging local currency.
Minus Thailand, too, and it's legally iffy in China.

I thought China had outlawed all types of virtual currencies? Or was that only WoW Gold?
Kluge
Donator
Legendary
*
Offline Offline

Activity: 1218


Michael, send me some coins before I hitman you


View Profile
October 11, 2013, 09:22:08 AM
 #40

Not only that but Bitfunder.com is now closed for USA users. BTCT closed down.

Bitcoin is set to become the World minus USA currency.


First Mt Gox, then BitInstant, now Dwolla. Americans BTC users don't have many options for exchanging local currency.
Minus Thailand, too, and it's legally iffy in China.

I thought China had outlawed all types of virtual currencies? Or was that only WoW Gold?
They don't seem to be prosecuting any of the existing services (even when BitcoinChina has done roughly the same volume as BTC-E and Gox in the last 24h, though a fair bit less than BTS). Could be they're ignorant of the services, are giving them tacit approval before they rewrite the laws to make what they're doing legal, or something else.

Don't mix your coins someone said isn't legal
hashman
Hero Member
*****
Offline Offline

Activity: 915



View Profile
October 11, 2013, 09:38:32 AM
 #41

Go deactivate your account and email them to let them know why.

Why?  It is free to leave your account there, and gives you ability to ACH between bank accounts should you need to do that in the future.

Their letter looks like somebody is trying to make a point to somebody else..  sure, it will seriously hurt campBX, but why bother to cancel my account? 
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
October 11, 2013, 11:15:38 AM
 #42

Go deactivate your account and email them to let them know why.

Why?  It is free to leave your account there, and gives you ability to ACH between bank accounts should you need to do that in the future.


You can't ACH directly from your bank account to another?

more or less retired.
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
October 11, 2013, 11:19:15 AM
 #43

Quote
As Dwolla gears up for a new stage of growth, we recognize that we can no longer sustain this merchant base (.1 percent of Dwolla merchants) and its unique needs, and that attempting to do so jeopardizes both of our communities' starkly different, but similarly ambitious, vision for improving payments.

Basically they are saying Bitcoin competes with their business model (because who would need Dwolla if Bitcoin takes off?) and thus they wont' support it. I'm not surprised.

more or less retired.
favdesu
Legendary
*
Online Online

Activity: 1260



View Profile WWW
October 11, 2013, 11:21:41 AM
 #44

and nothing of value was lost

How to Buy BitShares & EOS ►Click Here
cr1776
Legendary
*
Offline Offline

Activity: 1736


View Profile
October 11, 2013, 12:50:07 PM
 #45

http://help.dwolla.com/customer/portal/articles/1203269-closing-your-dwolla-account

There is a difference between deactivate and suspend btw.

Anybody see an easy 1 click way to deactivate your dwolla account? It is quite possible that I missed the link or button...
jgarzik
Legendary
*
Offline Offline

Activity: 1484


View Profile
October 11, 2013, 01:31:55 PM
 #46

I think this is going to hurt CampBX much more than it will Dwolla, and it for Bitcoin it is only a matter of wounded pride.  Now the only way to get money to them is by using postal mail via money orders or personal checks.  No wire transfers, no ACH.

This is false.

CampBX works fine with ACH.

CampBX recently restated this on Facebook, following the Dwolla shutdown:  https://www.facebook.com/CampBX/posts/665137400165381


Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own.
Visit bloq.com / metronome.io
Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
October 11, 2013, 01:34:29 PM
 #47

CampBX works fine with ACH.
Only in one direction.

You still can't add dollars to your CampBX via ACH. When this Dwolla change goes into effect, the only ways to fund a CampBX account with dollars will be Money orders or Checks sent through the mail.
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
October 11, 2013, 01:37:34 PM
 #48

Shrem gave a talk at a Bitcoin conference a few days ago saying BitInstant will be back and ready to tackle regulatory issues (paraphrasing), so there's one thing to look forward to.
Apparently they are ready to go but are having problems finding banks willing to work with them. It sounded like as soon as they actually got all the licensing required for what they are doing it suddenly got harder, not easier, to find a banking partner.
RodeoX
Legendary
*
Offline Offline

Activity: 2478


The revolution will be monetized!


View Profile
October 11, 2013, 01:43:14 PM
 #49

Quote
As Dwolla gears up for a new stage of growth, we recognize that we can no longer sustain this merchant base (.1 percent of Dwolla merchants) and its unique needs, and that attempting to do so jeopardizes both of our communities' starkly different, but similarly ambitious, vision for improving payments.

Basically they are saying Bitcoin competes with their business model (because who would need Dwolla if Bitcoin takes off?) and thus they wont' support it. I'm not surprised.
That's what I thought also. All this press lat week about bitcoin going mainstream must be spooky for them. Bitcoin is nightmare. A competitor who can provide a more secure transfer for less than Dwolla's fixed costs. 

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in ICELAND - https://bitcointalk.org/index.php?topic=1610684
Melbustus
Legendary
*
Offline Offline

Activity: 1638



View Profile
October 11, 2013, 02:05:02 PM
 #50

Go deactivate your account and email them to let them know why. Angry Angry Angry Angry Angry

Might want to also tweet @dwolla and @bpmilne (CEO).

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Cryptoasset rankings and metrics for investors: http://onchainfx.com
Elwar
Legendary
*
Offline Offline

Activity: 2310


www.bitpools.com


View Profile WWW
October 11, 2013, 04:01:22 PM
 #51

There is only CampBx and they seem like they are close to going bankrupt with their moves to keep users money and their policy of not responding to any user problems.

I am sure Dwolla was getting tired of people wanting their money back when CampBx stopped crediting user accounts for transfers.

If I was Dwolla I would have dropped CampBx as well.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
CurbsideProphet
Hero Member
*****
Offline Offline

Activity: 672


View Profile
October 11, 2013, 05:41:31 PM
 #52

Quote
As Dwolla gears up for a new stage of growth, we recognize that we can no longer sustain this merchant base (.1 percent of Dwolla merchants) and its unique needs, and that attempting to do so jeopardizes both of our communities' starkly different, but similarly ambitious, vision for improving payments.

Basically they are saying Bitcoin competes with their business model (because who would need Dwolla if Bitcoin takes off?) and thus they wont' support it. I'm not surprised.

That's not how I read it.  I think they're saying Bitcoin is just too big of a pain in the ass with regards to AML/BSA and is such a small part of their business, is not worth getting shut down over.

1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
Welsh
Legendary
*
Offline Offline

Activity: 1078



View Profile
October 11, 2013, 05:50:21 PM
 #53

It's sad to see this, hopefully enough people will contest.
gnix72
Jr. Member
*
Offline Offline

Activity: 40


View Profile
October 11, 2013, 07:48:21 PM
 #54

I think this is going to hurt CampBX much more than it will Dwolla, and it for Bitcoin it is only a matter of wounded pride.  Now the only way to get money to them is by using postal mail via money orders or personal checks.  No wire transfers, no ACH.

Actually CampBX says you can use wire/ACH now.  See their recent facebook update, or tldr: "Dwolla deposits to CampBX will end Oct 15 and Dwolla withdrawals from CampBX will end Oct 28. Please use money orders and ACH for your trading needs on CampBX."

https://www.facebook.com/CampBX?hc_location=timeline

MicroGuy
Legendary
*
Offline Offline

Activity: 1680


www.MicroGuy.com


View Profile WWW
October 11, 2013, 08:32:36 PM
 #55

I think this is going to hurt CampBX much more than it will Dwolla, and it for Bitcoin it is only a matter of wounded pride.  Now the only way to get money to them is by using postal mail via money orders or personal checks.  No wire transfers, no ACH.

Actually CampBX says you can use wire/ACH now.  See their recent facebook update, or tldr: "Dwolla deposits to CampBX will end Oct 15 and Dwolla withdrawals from CampBX will end Oct 28. Please use money orders and ACH for your trading needs on CampBX."

https://www.facebook.com/CampBX?hc_location=timeline



Way down deep in the comments of that Facebook post, CampBX responds by confirming that ACH is for withdrawals only and that "they're working on ACH deposits".  Undecided

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
mekanical
Jr. Member
*
Offline Offline

Activity: 43


View Profile
October 11, 2013, 08:36:09 PM
 #56

I can also confirm that this development will sever all ties with Ripple as well. 
MicroGuy
Legendary
*
Offline Offline

Activity: 1680


www.MicroGuy.com


View Profile WWW
October 11, 2013, 08:43:23 PM
 #57

That's not how I read it.  I think they're saying Bitcoin is just too big of a pain in the ass with regards to AML/BSA and is such a small part of their business, is not worth getting shut down over.

ACH transfers can be, and are, routinely reversed in certain situations.

My understanding is they simply couldn't solve the equation of being a middle man between one party using a reversible payment method and a second party using an irreversible payment method.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
yvv
Legendary
*
Offline Offline

Activity: 1330

Moirai Pre-ICO starts on 28.10.2017


View Profile WWW
October 11, 2013, 08:56:01 PM
 #58

I can also confirm that this development will sever all ties with Ripple as well. 

Dwolla did not have much business with ripple gateways. Only with SnapSwap for several weeks. They will probably switch back to ACH.
 

         ▀█████▀
▀▄         ███         ▄▀
  █▄       ███       ▄█
   ██      ███      ██
    ██     ███     ██
    ▀██▄▄  ███  ▄▄██▀
      ▀███████████▀
         ▀▀███▀▀
           ███
           ███
           ███
           ███
         ▄█████▄
.MOIRAI.
  ██████
██████
█████
███
███
███
███
███
███
███
███

██████
██████
  █████
      ███
      ███
      ███
      ███
      ███
      ███
      ███
        ███

    ▄█████
    ██████
    ███▀
    ███
███████
███████
    ███
    ███
    ███
    ███
    ███

█▄                ▄████▄
██▄             ███████▄▄▄
▀███▄▄      █████████▄
  ▀███████████████▀
▀████████████████
    ▀█████████████
  ▀█████████████
      ▀▀█████████
    ▄▄████████▀
██████████▀
    ▀▀▀▀▀

                              ▄▄██
                        ▄██████
                  ▄████▀▀███
            ▄█████▀  ▄████
      ▄██████▀  ▄██████
▄███████▀  ▄████████
  ▀▀▀▀███    █████████
            ██    █████████
            ▀█  ▄█▀    ▀████
              ██▀            ▀██
Cubic Earth
Legendary
*
Offline Offline

Activity: 868



View Profile
October 11, 2013, 09:36:46 PM
 #59

Here is my email exchange with Dwolla:

Hi,
I've found Dwolla to be an excellent and convenient system. I have primarily used it to get money to bitcoin exchanges. I am quite disheartened to hear that you will no longer be doing any business with bitcoin related companies. I strongly encourage you to change your position and continue to facilitate the movement of money over the internet.

I would at the least appreciate an explanation that doesn't leave everyone wondering what Dwolla's real motivation is. Why this change now?

Thanks, Me
*********************************************
*********************************************
Dwolla Support:

Thank you for your email and feedback, we value you as a Dwolla member in our network. The explanation we received states:
As Dwolla gears up for its next stage of growth and offerings, it’s essential that company resources remain focused on the deadlines, products, partnerships and users that will help grow the company, and that regulators have a firm understanding of our technology and its potential inside existing U.S. financial systems.

I hope you found this information helpful, and please let us know if you have any additional questions regarding this matter.

Sincerely,
Dwolla Support


        ▄▄█████████▄
     ▄████▀▀      ▀████▄
   ▄███▀    ▄▄▄▄▄   ▀████▄
  ▄██▀    ▄███████▄   ▀███
 ▄██▀    ▐███▀▀▀███▌    ████▄
 ███     ▐███          ▀▀███▌
 █▄
      ▀███████▄      ▄▀█
▐████▄       ▀▀▀███▌     ███
▀███    ▐███   ███▌    ▄██▀
  ███▄   ▀███████▀    ▄██▀
   ▀████▄   ▀▀▀▀▀    ▄███▀
     ▀████      ▄▄████▀
        ▀▀█████████▀▀
.SWAPPER.io.       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄███████▀▀▀▀▄▄▄▄▀███████▄
▄█████▀▄▄▄▄▄▄▄▄▄▄▄▄▄▀█████▄
██████ █▄▄█▄▄█▄▄▀  ▀ ██████
██████ ████████ ▄▀▀█ ██████
██████ ████████ ▀▄▄█ ██████
▀█████ █▀▀█▀▀█▀▀▄  ▄ █████▀
 ▀████▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
DEFERRED
TAX
PAYMENT
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄█████▀▀▀ ▀▀▀▀▀ ▀▀▀█████▄
▄█████ ███▄█████▄███ █████▄
██████ ██▄▄▄▄▄▄▄▄▄██ ██████
██████ ██▄▄█▄▄▄█▄▄██ ██████
██████ ██▄▄█▄▄▄█▄▄██ ██████
▀█████ ██▄▄█▄▄▄█▄▄██ █████▀
 ▀████▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
LIKE
KIND
EXCHANGE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄███████▀▄▄▀█▀▄▄▀███████▄
▄█████████▄▀█ █▀▄█████████▄
██████ ▄▄▄▄▄ ▄ ▄▄▄▄▄ ██████
██████▄ ▄▄▄▄ ▄ ▄▄▄▄ ▄██████
███████ ████ █ ████ ███████
▀██████ ████ █ ████ ██████▀
 ▀█████ ▀▀▀▀ ▀ ▀▀▀▀ █████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
ASSET-NEUTRAL
SMART
CONTRACTS
[]
rampantparanoia
Sr. Member
****
Offline Offline

Activity: 434



View Profile
October 12, 2013, 01:51:18 AM
 #60

Here is my email exchange with Dwolla:

Hi,
I've found Dwolla to be an excellent and convenient system. I have primarily used it to get money to bitcoin exchanges. I am quite disheartened to hear that you will no longer be doing any business with bitcoin related companies. I strongly encourage you to change your position and continue to facilitate the movement of money over the internet.

I would at the least appreciate an explanation that doesn't leave everyone wondering what Dwolla's real motivation is. Why this change now?

Thanks, Me
*********************************************
*********************************************
Dwolla Support:

Thank you for your email and feedback, we value you as a Dwolla member in our network. The explanation we received states:
As Dwolla gears up for its next stage of growth and offerings, it’s essential that company resources remain focused on the deadlines, products, partnerships and users that will help grow the company, and that regulators have a firm understanding of our technology and its potential inside existing U.S. financial systems.

I hope you found this information helpful, and please let us know if you have any additional questions regarding this matter.

Sincerely,
Dwolla Support



"we like it, but there's too much red tape to deal with"

lyth0s
Legendary
*
Offline Offline

Activity: 1246


World Class Cryptonaire


View Profile
October 12, 2013, 02:17:44 AM
 #61

Honestly I would just start using Coinbase to Convert BTC to a USD bank deposit. Or you can buy BTC through it with your bank account so transactions work in both directions. I've been using it for a few months and have no problems with it.

Monero - Truly Anonymous Digital Cash. Bitcoin Reading List 2017
420
Hero Member
*****
Offline Offline

Activity: 756



View Profile
October 24, 2013, 08:56:50 PM
 #62

Go deactivate your account and email them to let them know why. Angry Angry Angry Angry Angry

I would

Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
yvv
Legendary
*
Offline Offline

Activity: 1330

Moirai Pre-ICO starts on 28.10.2017


View Profile WWW
October 25, 2013, 01:09:18 AM
 #63

Honestly I would just start using Coinbase to Convert BTC to a USD bank deposit. Or you can buy BTC through it with your bank account so transactions work in both directions. I've been using it for a few months and have no problems with it.

The fastest way to buy bitcoins so far is through peercover.com. You need to have a ripple wallet. You buy ripples (XRP) with credit card, and then convert them into bitcoins (BTC) through bitcoin bridge. Works in seconds at bitstamp conversion rate.

         ▀█████▀
▀▄         ███         ▄▀
  █▄       ███       ▄█
   ██      ███      ██
    ██     ███     ██
    ▀██▄▄  ███  ▄▄██▀
      ▀███████████▀
         ▀▀███▀▀
           ███
           ███
           ███
           ███
         ▄█████▄
.MOIRAI.
  ██████
██████
█████
███
███
███
███
███
███
███
███

██████
██████
  █████
      ███
      ███
      ███
      ███
      ███
      ███
      ███
        ███

    ▄█████
    ██████
    ███▀
    ███
███████
███████
    ███
    ███
    ███
    ███
    ███

█▄                ▄████▄
██▄             ███████▄▄▄
▀███▄▄      █████████▄
  ▀███████████████▀
▀████████████████
    ▀█████████████
  ▀█████████████
      ▀▀█████████
    ▄▄████████▀
██████████▀
    ▀▀▀▀▀

                              ▄▄██
                        ▄██████
                  ▄████▀▀███
            ▄█████▀  ▄████
      ▄██████▀  ▄██████
▄███████▀  ▄████████
  ▀▀▀▀███    █████████
            ██    █████████
            ▀█  ▄█▀    ▀████
              ██▀            ▀██
TheButterZone
Legendary
*
Offline Offline

Activity: 1988


Nemo me impune lacessit


View Profile WWW
October 25, 2013, 02:37:24 AM
 #64

Honestly I would just start using Coinbase to Convert BTC to a USD bank deposit. Or you can buy BTC through it with your bank account so transactions work in both directions. I've been using it for a few months and have no problems with it.

The fastest way to buy bitcoins so far is through peercover.com. You need to have a ripple wallet. You buy ripples (XRP) with credit card, and then convert them into bitcoins (BTC) through bitcoin bridge. Works in seconds at bitstamp conversion rate.


You have to register on peercover.com to see that is even a feature of the site?

yvv
Legendary
*
Offline Offline

Activity: 1330

Moirai Pre-ICO starts on 28.10.2017


View Profile WWW
October 25, 2013, 03:22:39 AM
 #65


You have to register on peercover.com to see that is even a feature of the site?

I logged in through my linkedin account. They have also dwolla and facebook as options. You need to have ripple wallet or create it on peercover.

This site is several month old. The original goal was to make p2p insurance using crypto currencies. They are implementing some nice new features. One of the best features is to buy XRP with credit card. You can convert these into bitcoins at bitstamp rate instantly.

Edit: They actually have info about features which you can get without registering. Just follow links on front page.

         ▀█████▀
▀▄         ███         ▄▀
  █▄       ███       ▄█
   ██      ███      ██
    ██     ███     ██
    ▀██▄▄  ███  ▄▄██▀
      ▀███████████▀
         ▀▀███▀▀
           ███
           ███
           ███
           ███
         ▄█████▄
.MOIRAI.
  ██████
██████
█████
███
███
███
███
███
███
███
███

██████
██████
  █████
      ███
      ███
      ███
      ███
      ███
      ███
      ███
        ███

    ▄█████
    ██████
    ███▀
    ███
███████
███████
    ███
    ███
    ███
    ███
    ███

█▄                ▄████▄
██▄             ███████▄▄▄
▀███▄▄      █████████▄
  ▀███████████████▀
▀████████████████
    ▀█████████████
  ▀█████████████
      ▀▀█████████
    ▄▄████████▀
██████████▀
    ▀▀▀▀▀

                              ▄▄██
                        ▄██████
                  ▄████▀▀███
            ▄█████▀  ▄████
      ▄██████▀  ▄██████
▄███████▀  ▄████████
  ▀▀▀▀███    █████████
            ██    █████████
            ▀█  ▄█▀    ▀████
              ██▀            ▀██
Pages: 1 2 3 4 [All]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!