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Author Topic: MtGox, Whats the point of an anonymous currency if they want my ID?  (Read 3510 times)
oic0
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July 15, 2012, 04:43:28 PM
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What is the point of an anonymous currency if they are going to force me to give them a copy of my ID before they will let me cash out? WTF? I have $130 just sitting in there. I mean I could do it... but that defeats the whole principle right?
Also, it was not a requirement when I signed up and I didnt know it was one until I tried to cash out most recently.
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July 15, 2012, 04:49:23 PM
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What is the point of an anonymous currency if they are going to force me to give them a copy of my ID before they will let me cash out? WTF? I have $130 just sitting in there. I mean I could do it... but that defeats the whole principle right?
Also, it was not a requirement when I signed up and I didnt know it was one until I tried to cash out most recently.

If you arnt happy then convert it to BTC and move the BTC to another exchange.

I never had to verify any ID to withdraw such small amounts for over a year, something about your account must have set off alarms if that is the case.

...In the land of the stale, the man with one share is king... >> Clipse

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01BTC10
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July 15, 2012, 04:52:40 PM
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BTC can be used anonymously but it's not mandatory. When transferring from USD to bank account, Gox need to comply with KYC international regulation.

https://bitcointalk.org/index.php?topic=86224.0
DingoRabiit
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July 15, 2012, 05:05:58 PM
 #4

What is the point of an anonymous currency if they are going to force me to give them a copy of my ID before they will let me cash out? WTF? I have $130 just sitting in there. I mean I could do it... but that defeats the whole principle right?
Also, it was not a requirement when I signed up and I didnt know it was one until I tried to cash out most recently.
I was freaked by this too...

Wow I can't fit my OTC link in here
TangibleCryptography
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July 15, 2012, 05:42:37 PM
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Use another exchange or FastCash4Bitcoins
Stephen Gornick
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July 15, 2012, 06:13:06 PM
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What is the point of an anonymous currency if they are going to force me to give them a copy of my ID before they will let me cash out? WTF? I have $130 just sitting in there. I mean I could do it... but that defeats the whole principle right?
Also, it was not a requirement when I signed up and I didnt know it was one until I tried to cash out most recently.

Did you by chance access your Mt. Gox account through Tor or from a public access point?  When you sign up to Mt. Gox, the agreement reads:

Quote
Please be advised that accessing your account via the Tor network and/or public proxies may result in a temporary suspension of your account, and having to submit AML documents.

Plus, don't confuse bitcoin digital currency with the edges where it interacts with the banking system.

There are plenty of ways to spend your bitcoins, with varying levels of privacy and/or anonymity, without touching the banking system.  But don't expect to be able to use the banking system without coughing up your identity.  Most bitcoin exchanges that interact with the banks are eventually forced to add these  aml/kyc practices.

blakdawg
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July 15, 2012, 06:49:11 PM
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Unfortunately the "anonymous" nature of BTC is oversold/oversimplified.
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July 21, 2012, 08:16:03 PM
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Unfortunately the "anonymous" nature of BTC is oversold/oversimplified.

BTC is anonymous to most extend if you stay within the BTC network. As soon as you start converting to other legal systems then you need to start accepting the terms of those services.

It still doesnt change the fact that BTC itself is extremely anonymous.

...In the land of the stale, the man with one share is king... >> Clipse

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VelvetLeaf
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July 22, 2012, 12:24:18 AM
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Possibilities :
- You have tainted coins, percentage wise
- You access mtGox from TOR / proxy / VPN
- Your country's IP change, several times in very short timespan

You should contact mtGox's support and solve this problem privately first.

BTC : 1GN81dxzxyFPQsyAtdocXr5S9Mcg4wcfFG
LTC : LgmYvXsYXc4xdjsMKXJWqtagxVvioK6iaw
FC : 6dpSnKMtttUUYzaRu1EB7Lu18PBRVHU3V7
blakdawg
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July 23, 2012, 07:35:25 AM
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Possibilities :
- You have tainted coins, percentage wise
- You access mtGox from TOR / proxy / VPN
- Your country's IP change, several times in very short timespan

You should contact mtGox's support and solve this problem privately first.

Actually, I appreciate people making issues like this public, because it's a warning to me about situations I might find myself in. It hadn't occurred to me that accessing an exchange through Tor might lead to my funds being frozen, or that there are undisclosed restrictions on withdrawals.

If those are, indeed, MtGox' policies, then it makes no sense to say that this should be "private" - those terms should by all rights be prominently disclosed on their website. If they are, there's certainly no harm in discussing them again. If they're not . . . well, that's not very nice, either.

Bitcoin Oz
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July 23, 2012, 07:42:07 AM
 #11

http://bitcoin-otc.com hasnt asked for identification once  Smiley

Eiii
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July 23, 2012, 08:59:10 PM
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US dollars certainly aren't an anonymous currency! There's your problem  Wink
FreeMoney
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July 23, 2012, 10:08:45 PM
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Maybe the anonymity aspect is oversold, but come on, what do people think? Is being near bitcoin somehow going to change the nature of dollars and dollar sellers?

I'm sitting here staring at my bitcoin wallet but my mother just walked in and I think she still recognizes me???

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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July 24, 2012, 02:43:00 AM
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US dollars certainly aren't an anonymous currency! There's your problem  Wink

+1

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July 24, 2012, 03:51:57 AM
 #15

Maybe the anonymity aspect is oversold, but come on, what do people think? Is being near bitcoin somehow going to change the nature of dollars and dollar sellers?

I'm sitting here staring at my bitcoin wallet but my mother just walked in and I think she still recognizes me???

I can't believe your mother still lives with you. Ask her again when she's moving out?  Grin (sorry, bud, but I couldn't resist)
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July 24, 2012, 07:46:56 AM
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I'm sitting here staring at my bitcoin wallet but my mother just walked in and I think she still recognizes me???

You're obviously not staring hard enough. My mother says she no longer recognises me since I started using Bitcoin. Grin

Will pretend to do unverifiable things (while actually eating an enchilada-style burrito) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
n4l3hp
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July 24, 2012, 01:59:03 PM
 #17

What is the point of an anonymous currency if they are going to force me to give them a copy of my ID before they will let me cash out? WTF? I have $130 just sitting in there. I mean I could do it... but that defeats the whole principle right?
Also, it was not a requirement when I signed up and I didnt know it was one until I tried to cash out most recently.

If you arnt happy then convert it to BTC and move the BTC to another exchange.

I never had to verify any ID to withdraw such small amounts for over a year, something about your account must have set off alarms if that is the case.

My Gox account has been dormant for a long time, last time I used it was before there was any verification needed. I had a small amount left in that account and about more than a month ago, I traded that amount back and forth until I have about 6BTC. The coins I mined and traded are in BTC-E, and I wanted to try investing at GLBSE but I've traded my BTCs for LTCs prior and I was waiting for the LTC/BTC price to go up. So I thought since i'm not earning much with that few BTCs at Gox, I decided to withdraw the coins to start my venture into GLBSE. When I tried to withdraw the BTCs, the page told me that my account is not verified.

I have a static IP, I dont use TOR or any proxies. Maybe because my email was on the list of hacked usernames and passwords (password was changed right after Gox came back online)?
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