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Sephera (OP)
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December 14, 2013, 10:36:19 AM |
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Please give me your impressions with Bitstamp, are they safe and reliable for trading?
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Sindelar1938
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December 14, 2013, 10:39:25 AM |
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Relatively speaking yes, good interface
Moving btc out is better and easier than Gox and most other exchanges
Moving fiat in is the standard amount of pain
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Sephera (OP)
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December 14, 2013, 10:45:45 AM |
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They seem reliable haven't really seen anyone complain about a hacked bitstamp or other scams.
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laudub
Newbie
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Activity: 12
Merit: 0
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December 14, 2013, 01:53:09 PM |
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Please give me your impressions with Bitstamp, are they safe and reliable for trading?
Does anyone know which percentage of their bitcoins Bitstamp is keeping in cold storage? In case of an inputs.io-like SNAFU, which % of your coins do you think you'll see back? Also... When an exchange like that get owned (as obviously happens once in a while) and see their bitcoins stolen, will they use your account balance in EUR / USD to reimburse everybody? (btw I opened an account there and scanned my driving license and an utility bill and I'm now verified) |
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Kiki112
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December 14, 2013, 02:22:39 PM |
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they're pretty safe, so far I haven't heard that someone complained about them  they're a leading exchanger along with MtGox so spot on  |
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pand70
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December 14, 2013, 02:26:21 PM |
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They have probably the least complains in this forum out of all the exchanges. I guess that says something  |
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Authentic
Member
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Activity: 112
Merit: 10
1FRpXqj6kedknh5uNpdo8FS3U49XJPJJy1
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December 14, 2013, 02:38:49 PM |
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Please give me your impressions with Bitstamp, are they safe and reliable for trading?
I think so. It's one of the very few Bitcoin companies I'd currently trust. |
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bryant.coleman
Legendary
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Activity: 3682
Merit: 1217
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December 14, 2013, 03:02:53 PM |
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So far, from the feedback here for the past 3-4 months, Bitstamp seems to be more reliable as compared to Mt Gox and BTC-E. Just keep it in mind that they are based in Slovenia.
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blacksails
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December 14, 2013, 03:14:11 PM |
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So far, from the feedback here for the past 3-4 months, Bitstamp seems to be more reliable as compared to Mt Gox and BTC-E. Just keep it in mind that they are based in Slovenia.
So what? |
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ajax3592
Full Member
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Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 14, 2013, 03:24:27 PM |
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So far, from the feedback here for the past 3-4 months, Bitstamp seems to be more reliable as compared to Mt Gox and BTC-E. Just keep it in mind that they are based in Slovenia.
Agreed, I'm very active in newbie area, but have never seen a single complaint against Bitstamp. Keep seeing bad reviews about MT.gox and btc-e every other day. |
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bryant.coleman
Legendary
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Activity: 3682
Merit: 1217
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December 14, 2013, 03:36:12 PM |
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So what?
This might explain.... perhaps. If an EU bail out occurs then that means agreeing to tough banking regulation terms. |
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Sephera (OP)
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December 14, 2013, 03:45:44 PM |
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I'm worried that they might be building up alot of good will and trust. Then one day bang, they hack and pack up and go.
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PenAndPaper
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December 14, 2013, 03:53:17 PM |
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I'm worried that they might be building up alot of good will and trust. Then one day bang, they hack and pack up and go.
At least the person who is running the exchange is well known. |
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bryant.coleman
Legendary
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Activity: 3682
Merit: 1217
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December 14, 2013, 04:29:40 PM |
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At least the person who is running the exchange is well known.
Is his real identity known? Can you give me some info on him? The real identity of the person who ran Litecoinglobal was also known. But in the end everyone lost money in that also. |
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blacksails
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December 14, 2013, 06:01:56 PM |
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So what?
This might explain.... perhaps. If an EU bail out occurs then that means agreeing to tough banking regulation terms. Oh! That's not good news! _____ I thought that you had problems with Slovenia because it's an eastern European country. Mistrust against those countries are still common (at least where I live). |
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co5hike
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December 14, 2013, 06:31:05 PM |
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Also... When an exchange like that get owned (as obviously happens once in a while) and see their bitcoins stolen, will they use your account balance in EUR / USD to reimburse everybody?
Very likely. I doubt they are keeping people deposits separate from their business expenses. So they basicaly hope not everyone request withdraws of entire ballances at the same time |
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codegeek
Newbie
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Activity: 42
Merit: 0
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December 14, 2013, 06:33:28 PM |
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Other than a paper wallet in your pocket, nothing is 'safe'. As far as websites go, these guys are one of the better places to go at the moment.
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nate008
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Activity: 70
Merit: 10
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December 15, 2013, 12:08:50 AM |
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Other than a paper wallet in your pocket, nothing is 'safe'. As far as websites go, these guys are one of the better places to go at the moment.
Nothing is perfectly safe anywhere. Even your paper wallet could get lost , you might drop it , it can get soak somebody could steal it from you. There is no perfect way in which to hold your coins , and there is no perfect way in which to hold anything of value. |
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gooryheta
Member
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Activity: 167
Merit: 10
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December 15, 2013, 12:12:43 AM |
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Other than a paper wallet in your pocket, nothing is 'safe'. As far as websites go, these guys are one of the better places to go at the moment.
Nothing is perfectly safe anywhere. Even your paper wallet could get lost , you might drop it , it can get soak somebody could steal it from you. There is no perfect way in which to hold your coins , and there is no perfect way in which to hold anything of value. This I have to agree, but paper wallets is the most secure one if done right |
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emilia79
Newbie
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Activity: 56
Merit: 0
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December 15, 2013, 12:24:37 AM |
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/bad for identification documents/
My friend had problems when they requested his identity card scans. As allowed in their ToS/conditions, we'd put a gradient watermark on them in the areas with no information.
This was in case of a major leak/hack, to avoid the misuse of the documents.
They refused them systematically, even with transparent watermarks, citing their own ToS !!!
So we went elsewhere.
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