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Author Topic: Are TradeHill withdrawals happening?  (Read 1890 times)
cottoneyeJoe
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August 07, 2011, 06:31:20 AM
 #1

Has anyone gotten a successful withdrawal from TH in the last 48 hours?

I've had a withdrawal via Paxum in process for going on 40 hours, have sent 2 support requests and have heard nothing back.

I had deposit via Paxum take more than 36 hours that I submitted on Thursday and only got a "sorry, it's processed now" from support once it finally happened.

There is nothing in the TH UI that warns of the delay but there is a scary looking blog post that mentions them having to haggle with Bank Of America and possibly changing banks. http://tradehillblog.com/2011/08/05/delays-in-usd-deposits-withdrawals/

What bothers me most if the lack of upfront communication and response to support requests. I'm very frustrated with there singular support via Paxum and am having no issues with Mt.Gox and CampBX via Dwolla. I think this might be the end of my using TH if this doesnt clear up or at least get some serious commission reduction for those who had multiple transfers delayed beyond the 24 hour commitment they continue to make in their UI.

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Bitcoin Swami
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August 07, 2011, 03:08:39 PM
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bump
wumpus
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August 07, 2011, 03:11:05 PM
 #3

Some of my money has been stuck for more than a week in a SEPA transfer toward Tradehill. It looks like they have some problems with banks.

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August 07, 2011, 05:36:23 PM
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You guys aren't the only ones. I've got a decent amount of Euro stuck there atm.

I asked for a Paxum withdrawal 4 days ago and have only had answers to 1 of multiple support emails.

Quote
What bothers me most if the lack of upfront communication and response to support requests. I'm very frustrated with there singular support via Paxum and am having no issues with Mt.Gox and CampBX via Dwolla. I think this might be the end of my using TH if this doesnt clear up or at least get some serious commission reduction for those who had multiple transfers delayed beyond the 24 hour commitment they continue to make in their UI.

Seconded

Jered Kenna (TradeHill)
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August 07, 2011, 05:46:11 PM
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We need to be more clear about this. We've opened new accounts in both the US and the SEPA zone. Funds are being moved over and all the money is safe. Transfers will still be sent out but there is a delay. We've talked to a lot of banks and there aren't any that actually like Bitcoin. Most banks want absolutely nothing to do with it. We've developed a relationship with a new EUR bank and shouldn't have any surprises. They are completely aware of what Bitcoin is and what we're doing with it.

Funds are being moved to the Paxum account as well and will be available soon.

Jered

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August 08, 2011, 03:03:21 AM
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We need to be more clear about this. We've opened new accounts in both the US and the SEPA zone. Funds are being moved over and all the money is safe. Transfers will still be sent out but there is a delay. We've talked to a lot of banks and there aren't any that actually like Bitcoin. Most banks want absolutely nothing to do with it. We've developed a relationship with a new EUR bank and shouldn't have any surprises. They are completely aware of what Bitcoin is and what we're doing with it.

Funds are being moved to the Paxum account as well and will be available soon.

Jered

Do you realize the desperation that comes across?

Not exactly a confidence builder.

Nope, this doesn't build confidence in the banks, and demonstrates why something like Bitcoin is desperately needed.

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August 08, 2011, 03:09:59 AM
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We've talked to a lot of banks and there aren't any that actually like Bitcoin. Most banks want absolutely nothing to do with

Big surprise! Roll Eyes This is why it is so important to develop your local network of trusted trading partners. Join or start a MeetUp group, exchange contact info, develop a mailing list, and start trading!
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August 12, 2011, 07:24:11 PM
 #8

Getting money out is easy. I'm more worried about people being able to get money IN.

Tradehill: when are you going to get a cheaper way to get USD into the exchange? USD Volume is drying up like a cowpie in August because Paxum charges $5 to get money into their system, so all the USD is going through Dwolla into MtGox Sad

I know Dwolla screwed you guys, and maybe MtGox is just eating similar losses and not telling anyone, but do you have a cheaper option coming??

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August 12, 2011, 07:29:23 PM
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Getting money out is easy. I'm more worried about people being able to get money IN.

Tradehill: when are you going to get a cheaper way to get USD into the exchange? USD Volume is drying up like a cowpie in August because Paxum charges $5 to get money into their system, so all the USD is going through Dwolla into MtGox Sad

I know Dwolla screwed you guys, and maybe MtGox is just eating similar losses and not telling anyone, but do you have a cheaper option coming??

I've stopped using Tradehill since they'e terminated Dwolla deposits. So I've been buying on Gox and selling on TH

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Nicolai Larsen
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August 12, 2011, 11:52:02 PM
 #10

I have a completed withdrawal from Tradehill, but the money haven't shown up yet, so I guess "completed" means that the money is send from Tradehill's account and is on its way to my account?

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August 12, 2011, 11:57:21 PM
 #11

I have a completed withdrawal from Tradehill, but the money haven't shown up yet, so I guess "completed" means that the money is send from Tradehill's account and is on its way to my account?

I don't think Tradehill can track the money until your account. I'm in the same situation.

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August 15, 2011, 10:49:50 PM
 #12

It's monday, the money have not arrived to the account yet. I don't know exactly when (by delays) was started, thursday or friday but it's that.

Anyone has received his SEPA withdrawal?

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Nicolai Larsen
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August 16, 2011, 04:39:38 AM
 #13

I received mine yesterday (monday).

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