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Author Topic: When is CampBX going to support bank ACH deposits?  (Read 2145 times)
colinistheman (OP)
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November 28, 2013, 06:49:54 PM
Last edit: November 30, 2013, 12:37:34 PM by colinistheman
 #1

When is CampBX going to support bank ACH deposits?

They said it would happen on Nov 20th. Then it said they were late and it would come Nov 27th. Now it's still not there and it's Nov 28th



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November 29, 2013, 02:37:32 PM
 #2

Anyone know whats going on with campbx bank funding?



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November 29, 2013, 02:55:43 PM
 #3

I did not know that there was a date when ACH withdrawals would start.

That would explain why they could not do an ACH withdrawal for me on the 19th of Nov. It would have been nice to put that on their website.

They said they "could not find" my bank account number...lulz !
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November 29, 2013, 05:05:19 PM
 #4

They've always done ACH withdrawals; I've done it many times successfully.  The Nov 27 date was for DEPOSITS via ACH, which will be frickin' awesome for those in the States.
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November 30, 2013, 09:57:38 AM
 #5

It would make it much easier to start an arbitrage at CampBX with ACH deposits. It should gain them a lot more volume. I wonder what the hold up is.
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November 30, 2013, 12:38:04 PM
 #6

They've always done ACH withdrawals; I've done it many times successfully.  The Nov 27 date was for DEPOSITS via ACH, which will be frickin' awesome for those in the States.
Sorry, you are correct- i meant deposits.

When the heck are they going to support deposits??



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December 09, 2013, 02:09:30 PM
 #7

CampBX has been very closely tracing Coinbase's price now for some days. I've never seen it follow another exchange so closely. My theory is that their ACH beta testers have been arbitraging any inefficiency out of the price...
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December 09, 2013, 09:36:25 PM
 #8

Could be so. I've noticed a few price gaps getting narrower (BTC-e used to be like $100 behind mtgox).

Now the question is: When will Campbx finish beta testing mode for bank deposits and let everyone do it?



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December 09, 2013, 10:58:10 PM
 #9

I have been waiting on a withdrawal from Campbx for weeks now.  I would just reiterate you better watch out if you're depositing there.  It's gotten worse and SOMETHING is going on.

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December 10, 2013, 12:46:56 AM
 #10

I have been waiting on a withdrawal from Campbx for weeks now.  I would just reiterate you better watch out if you're depositing there.  It's gotten worse and SOMETHING is going on.


Yep I have been waiting on a BTC deposit for 3 weeks today.  They suck.
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December 10, 2013, 05:52:25 AM
 #11

I have been waiting on a withdrawal from Campbx for weeks now.  I would just reiterate you better watch out if you're depositing there.  It's gotten worse and SOMETHING is going on.


Yep I have been waiting on a BTC deposit for 3 weeks today.  They suck.

Sounds like you've screwed something up. It shouldn't take 3 weeks for BTC to deposit to CampBx...

Have you tried contacting their support or is this just some FUD?

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December 10, 2013, 01:24:43 PM
 #12

I have been waiting on a withdrawal from Campbx for weeks now.  I would just reiterate you better watch out if you're depositing there.  It's gotten worse and SOMETHING is going on.


Yep I have been waiting on a BTC deposit for 3 weeks today.  They suck.

Sounds like you've screwed something up. It shouldn't take 3 weeks for BTC to deposit to CampBx...

Have you tried contacting their support or is this just some FUD?

I have only been posting about it in multiple campbx threads including the one I started myself.  The second one down you have been posting in as well.  Funny that you should blame me, sounds like the same bullshit they spout.  I also have not failed to notice that you repeatedly stand up for them even in a thread where you say it takes 2-3 weeks to get your funds.  Me thinks you are a perhaps a sock puppet.
https://bitcointalk.org/index.php?topic=350654.0
https://bitcointalk.org/index.php?topic=357533.0
https://bitcointalk.org/index.php?topic=342184.0

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December 10, 2013, 02:28:14 PM
 #13

Do you really believe that Beta tester crap. Can somebody come forward and tell me they are a beta tester. My theory is that its just a place holder to buy more time to get ACH deposits working. Fresh fiat has hit the exchange (like mines) that has been keeping the price close to Coinbase.




CampBX has been very closely tracing Coinbase's price now for some days. I've never seen it follow another exchange so closely. My theory is that their ACH beta testers have been arbitraging any inefficiency out of the price...
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December 10, 2013, 03:02:50 PM
 #14

I have been waiting on a withdrawal from Campbx for weeks now.  I would just reiterate you better watch out if you're depositing there.  It's gotten worse and SOMETHING is going on.


Yep I have been waiting on a BTC deposit for 3 weeks today.  They suck.

Sounds like you've screwed something up. It shouldn't take 3 weeks for BTC to deposit to CampBx...

Have you tried contacting their support or is this just some FUD?

I have only been posting about it in multiple campbx threads including the one I started myself.  The second one down you have been posting in as well.  Funny that you should blame me, sounds like the same bullshit they spout.  I also have not failed to notice that you repeatedly stand up for them even in a thread where you say it takes 2-3 weeks to get your funds.  Me thinks you are a perhaps a sock puppet.
https://bitcointalk.org/index.php?topic=350654.0
https://bitcointalk.org/index.php?topic=357533.0
https://bitcointalk.org/index.php?topic=342184.0



What about my issue?  I mean I complained with a ticket about the withdrawal delay, then they said they had logistical issues and it would take 2 weeks, now it's going on 3 weeks and I'm still waiting.  There's no excuse not to send me my money, which is less than $500.

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December 10, 2013, 03:58:37 PM
 #15

Seriously, has anyone gotten a payout/withdrawal from Campbx recently?  Heck I might even change my cash back into BTC if I can withdraw as BTC just so I can get it away from Campbx.



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epetroel
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December 10, 2013, 05:35:20 PM
 #16

Seriously, has anyone gotten a payout/withdrawal from Campbx recently?  Heck I might even change my cash back into BTC if I can withdraw as BTC just so I can get it away from Campbx.

How recently?  I got an ACH from them a few weeks ago, but haven't tried any withdrawals since then.
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December 10, 2013, 11:25:01 PM
 #17

CampBX has been very closely tracing Coinbase's price now for some days. I've never seen it follow another exchange so closely. My theory is that their ACH beta testers have been arbitraging any inefficiency out of the price...

I think you're getting warm... pure speculation here, but let's piece together the available information:

Dwolla – BX's primary method of deposit – has been gone for nearly 2 months, and with it, likely a huge percentage of their transaction fees (revenue). They've got to be hurting pretty bad financially.

However, despite deposit options drying up, we've seen the BTC price on BX rise to the point where it's nearly on par with other exchanges (a rarity), along with a noticeable increase in transaction volume and market depth. And yet, we're hearing story after story about delayed/missing deposits/withdrawals. How is all of this trading occurring on BX if everyone's money is in limbo?

On its face, this makes no sense... unless you consider this angle: Perhaps the folks running BX – and not these mysterious "beta-testers" (who may or may not actually exist) – are using this new ACH deposit system TO ARBITRAGE THE HELL OUT OF CUSTOMER FUNDS in order to stay afloat? This explains everything – the stall tactics, the missed deadlines, the delayed deposits/withdrawals, the price/volume oddities...

Tread carefully, folks.
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December 11, 2013, 12:34:13 AM
 #18

CampBX has been very closely tracing Coinbase's price now for some days. I've never seen it follow another exchange so closely. My theory is that their ACH beta testers have been arbitraging any inefficiency out of the price...

I think you're getting warm... pure speculation here, but let's piece together the available information:

Dwolla – BX's primary method of deposit – has been gone for nearly 2 months, and with it, likely a huge percentage of their transaction fees (revenue). They've got to be hurting pretty bad financially.

However, despite deposit options drying up, we've seen the BTC price on BX rise to the point where it's nearly on par with other exchanges (a rarity), along with a noticeable increase in transaction volume and market depth. And yet, we're hearing story after story about delayed/missing deposits/withdrawals. How is all of this trading occurring on BX if everyone's money is in limbo?

On its face, this makes no sense... unless you consider this angle: Perhaps the folks running BX – and not these mysterious "beta-testers" (who may or may not actually exist) – are using this new ACH deposit system TO ARBITRAGE THE HELL OUT OF CUSTOMER FUNDS in order to stay afloat? This explains everything – the stall tactics, the missed deadlines, the delayed deposits/withdrawals, the price/volume oddities...

Tread carefully, folks.


+1 good point of view.

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December 11, 2013, 12:19:50 PM
 #19

I have noticed no difference in the time it takes for a check to clear (2-3 weeks) vs months ago...

So I don't think they are acting abnormally.

I'm not sure whats going on with fiat withdraws, I imagine they may be working with a new banking partner and are having more troubles than expected getting everything working right.


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December 11, 2013, 03:55:56 PM
 #20

Actually got a response from their help desk saying they are sending me a USPS money order on 12/15.  I will update if I receive it.  Notice I said IF...ugh.

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