Bitstamp hacked
You start a new drug empire and invite an FBI informant to be your number two on the very first day of operation. Nicsho bitcoin , buttcoin , fail , Lessons , Morality , Pumpkin , Pumpkins , reddit , scam , Stealing , stolen , stupid , terrible 10 Comments October 23, This will induce spastic cringes so powerful your sleep apnea will be cured.
Nicsho bitcoin , buttcoin , fraud , tax evasion 3 Comments October 16, Its not just the thing your cool Uncle did for you in high school besides letting you watch scrambled porn in his wood-paneled den. Not that its your fault: How bad could it be? How is something that is legal pretty much everywhere Sans smoking bans in specific places like bars, restaurants and Idaho make so much money?!
How does a regulated product you can buy pretty much anywhere bring about such a huge loss? More specifically, who would Ron Paul blame for all this? Butterfly Labs Motion to Dismiss has been denied , presumably because they broke some rule on page limits.
No refunds, and refund offers that were never fulfilled. This may explain why some were broken messes by the time they got to customers. More on that later. The FTC has said in their later report:.
Just like the title says. Logs and depositions are coming out showing how much BFL did to defraud customers, other companies, banks, and whatever else. I can single-handedly build a house faster than it takes for BFL to ship. You can find more of these wonderful and amazing documents here and here. There are some other intersting items in there 1 No refunds to be issued until audited financial statements are submitted to the court and calculation of assests vs liabilities.
They only have 1. Likely to be calculated using the FTCs anyone who wants a refund can request one regardless of BFLs sketchy limitaions. The entire order is fascinating. It freezes not just the assets of the company, but also the personal assets of Sonny and Jody. They basically have to ask permission from the temporary receiver to buy just about anything. Sent an email to support as well and didn't see any action.
Do note that Bitstamp have had new users this week. It may take some time for them to clear the ID verification backlog. You can't login, getting "aaaaa it's gone" message and the customer service is unresponsive. It doesn't get much scarier then that. Does anyone else experience the same problem just a few days ago? Please share your thoughts. Yeah many of these bitcoin exchange are simply buckling under the huge waves of new users coming in at high trading times.
Sometimes you will experience downtime. Be very aware using Bitstamp. Currently they have too many clients resulting in the inability to sell your shares or buy shares in high volume times. You could lose everything because they don't have enough servers. It happened to me and they sent me an email pretty much saying they could care less. I tried to sell numerous times during a sudden drop and it kept saying error.
Finally I guess one went through but an hour later and it sold well below the current stock value. There is no compensation and they take no fault for it. Thanks for sharing your experience of Bitstamp at high trading times. I have been seeing issues with the trading engine on Kraken, especially during high peak trading, but not on Bitstamp yet. Has anyone else experienced this? I do agree that BitStamp is seemingly going in too much with their questions. Why should users have to answer whether they also use other exchanges?
It seems less about customers safe and more about grabbing information for free. I appreciate the fact that they follow the rules set by Luxembourg's CSSF, but they should know the limits of what they demand the customers to do.
This also seems a bit hypocritical on their part. They want to know as much from their customers, but they were completely silent about the July incident leading to the loss of 19k BTC?
Can anyone please tell me how much time does bitstamp take for international wire withdrawal and apart from the 0. I've been using Bitstamp since I have only good things to say about them. The cash was in my bank account in two days. How long does it take to fund Bitstamp account via international wire transfer? Have you got the answer? I have the same question like you. I wired money a week ago, so far "o" balance in my account and no email to me even though I sent so many tickets to their support Yeah i'm also going to back this comment up: They've got an easy to use layout, their website is always up and running.
I trade approx euro per week and withdraws are ok for me. Bitstamp has to be one of the best places to buy bitcoin in Europe. That is some nice investment timing there - well done: It's nice to hear such good reviews of Bitstamp. In they hold a large share of the bitcoin trading market and increasingly other cryptocurrencies with thousands of satisfied customers.
I've been using Bitstamp for a couple of years. I like and trust Bitstamp and Coinbase, my 2 go-to exchanges. I'd love analogous articles on Coinbase, Kracken, and Polionex. I detest the "socialist" approaches Bitfinex took to manage their theft and the "haircut" they have everyone on the Bitcoincash conversion.
Wow this is great. I never thought that Bitstamp would charge users just for holding crypto in their wallets! Now that I see those excessive verification emails I'm really not going commit any more money to their exchange. So far I've only traded 5k usd on Bitstamp. The experience has been very good overall and the interface is easy to use as you said even for beginners.
Thanks for your feedback. I've tried to remain as balanced as possible throughout this Bitstamp assessment. Don't worry about receiving verification emails until you actually do. As I said above, not everyone gets flagged.
Many people love using Bitstamp for simple trading, I think this is one of its strong points - it's very easy to use. You could even say that Bitstamp is Coinbase's strongest European competitor, tied closely with Kraken. There are fees you mentioned on this article that I've never seen and noticed so far. Monthly fee and dormant fees. Never happened so far and I'm using Bitstamp since 5 months. They might nol longer apply as I found that shocking when reading your article at first and I've eve checked in all my history and compare the balances, nothing hidden.
That's also their mojo after all, no hidden fees. It can't work without fee. Let me look into this. Can anyone confirm this Bitstamp fee information? Are you employee for bitstamp? I don't know if you can help about my international wire transfer issue? Why does their support customer service never reply the email? It allows trading between USD currency and bitcoin cryptocurrency.
The company was founded as a European-focused alternative to then-dominant bitcoin exchange Mt. Bitstamp offers an API to allow clients to use custom software to access and control their accounts. When incorporating in the United Kingdom, the company approached the UK's Financial Conduct Authority for guidance, but was told that bitcoin was not classed as a currency, so the exchange was not subject to regulation.
In February , the company suspended withdrawals for several days in the face of a distributed denial-of-service.
In January , Bitstamp suspended its service after a hack during which less than 19, bitcoins were stolen, [14] reopening nearly a week later. From Wikipedia, the free encyclopedia.