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Btc To Mbtc – Bitcoinity Switches Default Bitcoin Unit to mBTC
DO NOT USE CAMP BX.... It is another fraudulent business aiming to make huge money from the bitcoin bubble....
DO NOT USE CAMP BX.... DO NOT MAKE ANY LARGE DEPOSITS AT CampBX This firm claims to have its office and servers located in Georgia, US. However, this guys sits outside the US and operates his platform... Googling down a bit, you will come to know that name of this guy is keyur mithawala.... and the servers to be located in Europe. The name of the servers are ERIC.NS.CLOUDFLARE.COM LARA.NS.CLOUDFLARE.COM Doing a bit of thorough check, you will see that their servers are located in Europe.... find out yourself!! Also the office address mentioned is a virtual one... its a virtual office using a rented mail redirecting service... its just a mailing address... I was initially attracted by this platform, which seemed genuine...not anymore after seeing their false marketing.... This guy Keyur Mithwala is a bloody cheat... Dont ever make depoits at CampBX. This is another fraudulent business aiming to make huge money from the bitcoin bubble....
Cash out from Bitcoin to PayPal is available through a couple of other exchanges as well: e.g., EToro, and a bunch of others that might or might not either be legit or have not yet been cut off by PayPal, Bitcoins.Express, BTCRobo, BitcoinCashout, TheInstantExchange, BayBit and a dozen others. Additionally, there are other methods for converting Bitcoin to a bank debit card. Square Cash App allows Bitcoin deposits to be converted to fiat and withdrawn instantly to a debit card. A number of P2P marketplaces have buyers who accept Bitcoin and pay in PayPal, transfer to a bank account, and a number of other methods. Do your own due diligence. And, of course, using PayPal in the middle between Bitcoin and cash is something you don't want to use frequently nonetheless rely on. Consider spending your Bitcoin instead. There are gift cards on BitRefill, local stores that accept Bitcoin found through Yelp, and numerous other methods to spend bitcoin, and expect lightning, with instant transactions, to add even more.
For reference: http://bitcoinity.org/markets/campbx/USD You'd think with the ability to jump USD to bitcoins at CampBX and then send to other exchanges would send the trade volume high (Eg. I want Japanese yen, and a good way to transfer would be from my American account Dwolla CampBX MtGox JPY). Any reason anyone knows about why the trade volume at CampBX is stagnating?
Did you have an account with CampBX? Did you have a bitcoin balance in your account during any of bitcoin's forks? Are you having trouble getting CampBX to give you your bitcoins or forked coins, or would you like for them to give you your forked coins? Please get in touch!
Did you have an account with CampBX? Did you have a bitcoin balance in your account during any of bitcoin's forks? Are you having trouble getting CampBX to give you your bitcoins or forked coins, or would you like for them to give you your forked coins? Please get in touch!
Since we've all been goxxed now is the time to buy those $50-60 coins floating around and profit from everybody else's misery. Or you could wait for Gox to come back online and crash down the price even further but good luck trying to do any trading there to buy coins, the trading engine is already broken I don't expect the new one to work flawlessly due to epic 3yr history of GOXXING BTC-E.com To pay into this exchange, you need a BTC-E code, PM or Okpay. Take pics of your ID and utility bill and pay the $10 to Okpay for 'quick verification'. You can pay bitcoins directly into your Okpay account for initial funding or wait and see how long it takes for reg verification. Now either wire money, or instant money transfer (MoneyPolo, Contact-sys, Unistream) to fund your account or find an Okpay exchanger somewhere. Or Ukash/CashU. Just because contact-sys is Russian doesn't mean there aren't sending points in every country in the world. BTC-E codes you buy on #bitcoin-otc from verified gpg authenticated traders with good ratings, or on bitcointalk.org forums in the currency exchange forums. Perfect Money is a shady HYIP digital currency run by Russians much like Liberty Reserve. You sign up for free, and load your account with wires (if verified) or you use an exchanger. This is what talkgold.com is for to find legit exchangers. I use wm-center.com to wire WU/Moneygram and get PM. Click on 'Interkassa' payment method in BTC-E and select Perfect Money. Instant load. You can also obviously dump Litecoins you bought on Vircurex to fund the account, or a gagillion PPcoins Bitfloor.com Fastest way to deposit is through CapitalOne P2P or cash deposit https://bitfloor.com/docs/#funding-deposit Be aware Bitfloor is insolvent due to owing 25k bitcoins that were stolen last year but they have a repayment schedule that may or may not bankrupt them. Use at own risk but most ppl trade there everyday with no problems. Bitstamp.net Great exchange in Slovakia? I think. You have to pay with Euro SEPA wire, then for some stupid reason they convert the money to USD. You can pay in here using transferwise.com if you're from UK, or XEtrade and other Forex online money transfer companies. Google 'free money transfer fx' and review your options. Most don't charge you anything if over a certain amount of money. They take your internet billing or other local payment, convert to EUR and send SEPA for you if you request it. If they don't then check with Bitstamp what a SWIFT wire costs (probably nothing, I think they use Latvian banks that charge no receiving fees). If you want a bank account in Latvia then sign up here: http://www.rietumu.com/ if you have a local corporation or business where you live you can, maybe a personal account too. You can always incorporate a dirt cheap Delaware LLC or Oregon LLC from anywhere in the world and use it to open up worldwide bank accounts. Bitcoin-24.com Takes direct wires, all sorts of other methods: https://bitcoin-24.com/fees You can also use Liqpay if you have a USD or EUR card. Sign up to liqpay.com, then they block a small verification amount you have to sign into internet banking (for the card) to check. It's usually $1.something or less. After that you are verified to load $1-100 or so, but I'd just try $50 at first. Any more than that and Liqpay will seize the funds and ask for your bank to authorize a fax they send which no bank will do because of privacy reasons, so pointless to load anymore money. Liqpay may also call you to verify card details this is normal. Liqpay is meant for Russians and CIS countries to use like Ukraine so due to epic fraud of credit cards don't expect to load too much this way unless you find a Liqpay exchanger, but what's the point when you can just wire money to bitcoin-24 anyways. Vircurex.com Good exchange, had some problems due to DDoS but so did all exchanges. They only accept BTC, altcoins and VouchX for payment. You buy Vouchx here: https://www.aurumxchange.com/ or from somebody on Bitcointalk, or IRC (with rep). You can buy a bunch of litecoins anywhere to fund this exchange such as the bitcointalk forums or IRC. Warning: the so-called official twitter account is fake, don't use it. Cavirtex.com Can only fund if in Canada, they accept cash deposit and internet billing. Price has been steady at ~$90 all day though no panic selling. LibertyBit.com https://www.libertybit.com/funding various easy methods, new exchange in Canada that takes intl wires and shockingly Interac deposits (easily frauded). Bitcoin China https://btcchina.com/ fast growing exchange, you pay in with Alipay or Tenpay both Chinese methods that westerners can't use or figure out due to no translation. You can probably use Alipay if you find and exchanger to load it, they do exist. **Edit they now support Liberty Reserve deposit and withdrawal Check english forums to see if anybody exchanging Alipay or taking wires. CampBX.com Accepts money orders, and CapitalOne P2P payments. Also accepts Dwolla but you need to be verified. Bitcoin-central.net Just had a major outage due to instawallet hack, appears to be back online. You get your own quasi-bank account when you verify here much like how ecardone.com (liberty reserve) does banking so can transfer to other users legally with vouchers. You can buy a voucher p2p on Bitcointalk forums or IRC or send a bankwire. VirWoX.com You can pay with Paypal to get Second Life "Linden Dollars" then convert to BTC, or at least you used to be able to. I have no idea if this is still the case I've never used them. Or course there's all the fixed price exchangers https://en.bitcoin.it/wiki/Trade and https://bitcointalk.org/index.php?board=53.0 for everything from Moneypak to Skrill. You can also risk buying coins on Silk Road with moneypak ==============R U L E S ================================
Learn to use #bitcoin-otc, you'll thank me later. It has the most buying/sell options. Use localbitcoins.com too if you can to avoid bullshit exchange problems
ALWAYS USE 2-FACTOR ID ON EVERY EXCHANGE
Always use 2-factor ID on the email you used to sign up for the exchange
Don't click any links in BTC-E.com chat trollbox!!!
Don't click any links PM'd to you on BTC-E.com from other users
Enjoy buying all the way down the crash once Gox comes back online and the great sell off begins! Hold them for a year and they'll be worth 10x as much just like the 2011 crash. Bonus points if you speculate on Litecoin, rumor has it Gox will be trading them when they come back online but again, this is MtGox we are talking about so the site could implode on the zerg rush of people trying to get into their accounts or trading engine could sell all your coins for $0.0001 again like they did in 2011. Great successez!
We've all seen the stories. Time after time. "My coins were stolen on site X!!", "I didn't have two-factor enabled, lost everything.", "Account Hacked, coins lost, plz help!!" Frankly, I'm tired of it. I have a solution though. We, as a community, need to get sites that accept bitcoins for a specific users account to REQUIRE two-factor auth OR a pre-set withdrawal address that cannot be changed without both contacting support AND a 30 day waiting period, and to offer both. If I have coins in my Mt Gox account, or my CampBX account and I want to withdraw them, they should only be able to be sent to my wallet, or require two-factor auth. This precaution would stop most of the thefts I've seen on this subreddit from happening, as even if an account is compromised, the coins would be sent to the account holders wallet.
A lot of people were asking about my bot and one asked me to do an AMA, so here I am. During the last bubble I wrote a trading bot in Java using the XChange Financial Exchange Library with the goal of slowly selling off a chunk of my Bitcoins as the price rises (and make a little extra off of the extreme volatility). It runs on MtGox/Bitstamp/BTCE/CampBX/Kraken and I hope to add BTCChina when the bugs in XChange are fixed. The bot has four main goals:
Keep a fixed $ amount in Bitcoins by slowly selling them off as the price rises
Add liquidity to the exchanges with fixed bid/ask orders
Buy back the Bitcoins when the price drops (at a lower price, to make some $/BTC profit)
As the volatility rises, adjust the profit percent to make more profit
So as an example, I would give the bot 10 BTC and instruct it to start selling at $1000 with $100 orders. It would place the first order when the value of the 10 BTC was $10100. The BTC amount would be 0.099 BTC and the sell price would be $1010 -> adjusted by the trade fee of the exchange -> adjusted by the profit I want -> $1057.37. When that order is filled it would create a buy for 0.099 BTC -> adjusted by trade fee -> adjusted by profit % -> 0.099897 BTC at $1001.03. So every time I sell and buy back the Bitcoins I make a small profit. I dynamically increase the profit % in times like today where there's lots of volatility. Obviously this isn't an optimal strategy, because I am selling off Bitcoins at lower than future prices. But that's part of what I want anyway, to slowly cash out a % of my Bitcoins. I'm hoping to eventually release at least the source code to the bot, because I think increasing the liquidity on the exchanges would help stabilize the price. But for now it's very much in Alpha, I want to run it for a year or so to iron out all the bugs.
I applied for a mortgage last week. The underwriter wanted documentation on the "mysterious" $5,000 deposit on my bank statement. Now he won't stop asking me about Bitcoin!
I'm buying a condo and recently applied for a mortgage. For those unaware, when you apply for a mortgage they request bank statements at least once or twice during the process to make sure you aren't taking loads of money into or out of your accounts. I've been a Bitcoin believer for a while now, and thought it finally felt "right" to cash out some of my Bitcoin to use the money for closing costs on my first home purchase. So one of my checking statements showed a $4,985 deposit from Dwolla. I got a call Monday from the mortgage processor asking for backup for the deposit. Then for backup for the deposit to my Dwolla account. Then for an explanation to the question "what the hell is CampBX". I tried my best to quickly and concisely explain Bitcoin, the loan processor I guess passed the message on to the underwriter, and within an hour I was on the phone with the underwriter for over an hour explaining the WONDERS of the BITCOIN! At first the guy was talking to me like I was a total scam artist, and within an hour he was on the bitcoin wiki and taking notes in total interest. I've talked to him twice since and felt like you guys would be able to appreciate this story. It made me pretty happy and gave me a little more confidence in Bitcoin's ability to one day be adopted by the general public. :D
Trying to transfer bitcoin out of CampBX, I've been getting the error "Cold wallet maintenance in progress. Please reattempt after 5 hours," for at least 24 hours now. If I try to submit a ticket on their Kayako desk, that's also not working. "We encountered a problem (cross-site request forgery detected); please try again" If you have bitcoin on CampBX, have you kissed them goodbye at this point? Or has anyone out there actually succeeded in making a withdrawl recently? EDIT: Over the course of several months, I eventually got most of my money out of there. What a pain!
[PSA] Can we please stop posting price updates using the Mt. Gox price?
I understand that we are potentially heading into another exciting phase of Bitcoin, and just to be clear, I am perfectly fine with giving price updates for when we reach milestone price points. That being said, can we please stop focusing exclusively on the Mt. Gox price point? I would encourage everyone to head over to bitcoinaverage.com, and click the icon that says "ignore Mt. Gox." You will notice that the price is significantly lower. Why? Well, let's think about it for a moment. If you have been following Bitcoin for at least a couple of months, you will know that USD withdrawals (as well as many other currencies if I'm not mistaken) have been disabled for some time. As a result, the only real option for people to get money out of Mt. Gox is to... You guessed it; buy coins from Gox and transfer them out to either another exchange or their wallet. As a result, Gox's price has been artificially inflated for quite some time. Fortunately, people are starting to see the writing on the wall it seems, and are moving their business to other exchanges such as Bitstamp and Camp BX, which will naturally start to reduce the price disparity between Gox and everyone else. I would propose that going forward, we start using the Bitcoin Average (ignoring Gox) price to report price related news to everyone. In doing so, we will accomplish a few things: One, we will be giving people a realistic price for what they can expect to make if they were to cash in their coins at an exchange where they can quickly move their fiat out. Two, we will be doing our part in insuring that one exchange (Gox in this case) is not receiving undeserved attention from newcomers in the market. Anyone else agree?
CampBX deposited my $1000 Money Order as $197, and are refusing to change it.
I sent a $1000.00 USPS Money Order to CampBX on Nov. 6th. The tracking info said it was delivered on Nov. 9th. On Nov. 13, they deposited $197.00 into my account. Note that my M/O was for $1000.00, but only $197 was deposited. I have never held money in this account before, so I know that I'm not getting the transactions mixed up. The M/O deposit is the only transaction my CampBX account has seen. I opened a help ticket on the 13th stating my problem, and they replied back and said that the money was deposited into my account, and closed the ticket. I opened a new help ticket the next day. They asked that I attach a scan of the USPS M/O receipt, which I did. (It shows the M/O serial #, $ Amount, Date, and "To Payee"). Fast forward several days, and many "We are looking into the issue" responses. On the 20th, they replied back to me stating the following "We will need to know if 1000$ was cashed by us. Please understand that we process multiple MOs per day. For us to look in to the matter we need documentation that it was cashed by us at our specific bank. Ask USPS and they will give you all the information on whereabout of your MO. Your issues is very important to us and in order to resolve we need proper documentation." What does that even mean!? I'm sorry that your bookkeeping is so awful that you can't even keep track of M/O's you deposited, but that's not my fault! I went to the Post office and the post master said about the only thing I could do is pay them ~$5 for a "tracker", which is essentially a front/back scan of the M/O. Maybe I can send this to CampBX to finally get my money? This is my first transaction with CampBX, and I really feel defrauded. On the date (Nov. 13) that I should have received the proper deposit, I could have bought BTC ~$350. Today, it's around $800. I don't have to do the math for you to prove how badly I got fleeced... *UPDATE: Nov 25: The full deposit amount has been posted to my account. Thank you for finally clearing up this issue. Now, my only question is could you take that full deposit amount and exchange it for the Bitcoins that I should have been able to purchase on the 13th? Your chart shows that the high on the 13th was $398.99. If you exchange my deposit for approximately 2.5BTC, then you have earned my trust as a customer and future business. Thank you.
PSA - Dwolla worse than Paypal for accepting payments
I just want to share my experience this morning with Dwolla's curt, unhelpful customer service. I have ocassionally been selling Bitcoins to people for Dwolla via LocalBitcoins. While I know that Dwolla transactions are reversible, it seems like they are harder to reverse, and Dwolla says they "work hard to protect you from unwarranted chargebacks." Dwolla also has a dispute resolution mediation system. I have had zero issues with chargebacks, so I've been pretty comfortable with it as a form of payment. Today I woke up and my account had been closed. Immediately I suspected someone I'd sold Bitcoins to had done a chargeback. So I called Dwolla customer support. "Your account has been suspended because you are selling Bitcoins. That violates our terms of service." What? I hurredly pull up the Dwolla ToS. I search for the word "bitcoin" but find nothing. Then I see the've recently added a bit about the recent FINCEN guideline concerning virtual currencies, and a section that says you cannot sell virtual currencies for Dwolla. Damn. Okay, I guess that's that then. I complain that I had no idea they had added this rule. I say that closing my account seems pretty harsh. Couldn't they have just given me a warning? And what happens to my Dwolla balance? "That's actually not why we're closing your account." What? But I thought you said it was... It turns out someone sent me some money from a hacked/stolen account. Further, I was informed that Dwolla's security department had been able to recover the funds and return the money to the rightful owner (Yay! Good going Dwolla, I thought). So my next question was, how can I restore my account to good standing and working order? "There is no way to continue." the service rep says. What? Turns out I am banned from using Dwolla for life. The Dwolla account the fraudulent money was sent from is also blacklisted forever. No appeal. In other words, the accounts of the victims of fraud on Dwolla's system have been blacklisted. Further, I learned that, without contacting me, the Dwolla security team had gone around reversing a bunch of my previous Dwolla payments, including a deposit to CampBX. And now my account with CampBX has been suspended. My Dwolla account balance is forfeit. Pretty drastic. The reasoning the representative gave me for this was: "We don't know whether you were also committing fraud." So I am assumed guilty and they don't care whether I'm innocent. Dwolla also purposely got me in trouble with a bunch of vendors, including my favorite Bitcoin exchange, CampBX. There was no reason to do this. They could have contacted me, and I would have been willing to restore any lost funds to vendors. My bank account is linked to my Dwolla account and I even had incoming deposits from my bank to Dwolla through ACH. I think this is an incredibly shitty way to treat customers, especially considering I went through their Know-Your-Customer process, uploading my ID and utility bills and all that. And I have had an account for over a year and have made many transactions, for which they have collected fees. I wasn't aware of their anti-Bitcoin policy. I have not committed any fraud, and I am the one who has been most victimized. I'm out money and my accounts are ruined all over the Internet. Considering 20% of all Dwolla transactions involve Bitcoin in one way or another, I think this is a crap way to treat the Bitcoin community in general. They should be a bit more reasonable, considering how much money they make from Bitcoin. I say that Dwolla is even worse than Paypal, becuase at least Paypal gives you some recourse and tries to figure out who is at fault when there's a problem.
Dwolla froze my account because I "engaged in peer to peer virtual currency exchange"
http://i.imgur.com/tT1xHTJ.jpg I just got this email today after I initiated a bank transfer to fund my Dwolla account. I had previously used dwolla to buy bitcoins on localbitcoins, and had also transferred $1 to camp bx in order to "age" my account, and was planning on trying that out. Is this a common occurrence?
So far I have had horrible experience with Bitcoin
2 years ago I have opened an account with Camp BX and deposited some starter money via a money order. Shortly after that Bitcoin took a dive, so I just let it sit in there. Today I wanted to use some of my Bitcoin from Camp BX but my bitcoin transfers are locked. After reading some horrible reviews and posts about Camp BX I have a little hope that I will get my money back. So I decided to give it a try some other way. I downloaded a wallet application to my phone in hopes of getting it funded somehow. Tough luck. Every avenue I take requires more information from me that I am willing to share with a private company (specifically my SSN). I don't know how secure these companies are, I have no idea what regulations they need to follow. I just need $100 worth of bitcoin and they want to know the size of my underwear. The barrier to entry is horrendous. So far I have tried:
Glidera - needs SSN - not happening
LibertyX - visited two stores, one creepier than the other. First did not know what I was talking about, second tried to sell me pre-printed PIN he had taped to the wall saying he is over his limit. Later looking at LibertyX website I see they want government ID - again not happening.
kraken - so after all failed I thought address is not that much and I can share that to get tier 2. After all I only need $100. Kraken deceitfully asks me for all this information only to tell me that they don't support fiat funding in my state. They knew which state I was applying from before I applied for tier 2 and did not tell me that. FUCKERS. So now they have my email, full name, DOB and address, for nothing.
This is fucking ridiculous. Not even talking about the fact that to get into bitcoin, you have to supply all this private information to some overseas company that can then trace your spending habits without your consent. TLDR: bitcoin has horrendous barrier to entry, is nowhere close to anonymous as everybody pretends it to be and so far is nothing but loss for me. Edit: I found an ATM that did not require any personal information. However out of sheer excitement I did not realize I was paying 20% premium until it was all set and done. That one is totally on me. The transaction was painless and besides the fee, my best bitcoin experience thus far.
Plea to all new exchanges: Launch with an API! MtGox and BTC-e are the only exchanges with "real" APIs (and BTC-e's is limited).
Some other exchanges/services offer an "API", but most are lame and some even are just children of MtGox's API, making calls on their behalf. IMHO: MtGox is still the leader because of this - lots of bitcoin dependant services/apps need it's full-featured API! Edit: Looks like CampBx is on point with MtGox, thanks - who else?
American Bitcoiners, Our Options are CBX and CoinBase, that's It?!?!
Hello, Bitcoin Community, since Dwolla's severing ties with Mt.Gox, and then its eventual demise, US based Bitcoin traders are stuck with Camp BX and CoinBase. Are there any other options I am missing out? CBX turnaround time is scarily slow whereas CoinBase rapes you with a fixed hefty 1% fee for every BTC<->USD trade. Thank you so very much. As with LOCALBITCOINS, aren't they too risky, just as risky as Mt.Gox? Is your money protected in LocalBitcoins in case of fraud?
I've been trading BTC off and on for the past two years. I used CampBX because I saw someone recommend it back in the day and being based in the US somehow made it feel less shady to me than the foreign alternatives. I've had a relatively good experience trading there but last month I decided to move my trading to an exchange with better volume. So I log in (with 2FA) and click the “Move Bitcoins” link and I'm greeted with the following text:
This account is under review and your outbound Bitcoin transfers have been temporarily disabled. Bitcoins Locked.
I submit a help desk ticket and get the following response:
Dear not_happy_camper, Your CampBX account is under review by our Compliance and Security department as we were unable to see any activity in your CampBX >account from past several months. We will work with the concerned department to complete this review ASAP. One of our team will get back to you shortly with an update. Thank you, CampBX Support
I reply asking them to please explain the situation and remedy this ASAP. But they only respond with the same canned message again and again. I decided to give them one month to “unlock” my bitcoins before going public. They have not. I logged in today and noticed they have deleted all of my transaction history. Anyone have any ideas on a course of action I can take? I get the feeling I'm SOL. tl;dr: CampBX won't let me move my Bitcoins out of their exchange and deleted my transaction history.
Cloudflare: the panopticon of the bitcoin economy.
In a community that prizes decentralization, I'm a bit surprised by the popularity of a single traffic-centralizing service. A US government agency can, with a single warrantless and self-gagging National Security Letter to cloudflare, intercept the traffic of the following bitcoin exchanges: Mtgox, BTC-E, BitStamp, CampBX, Kapiton, BitMe, and probably others. NSLs are not the only instrument available, but at the moment they're the easiest to use and are subject to zero oversight. These exchanges have surrendered their SSL keys to cloudflare. Think about that. A single wiretap at the cloudflare HQ can watch everything that goes in or out of the exchange, even under SSL encryption: which bank you wired funds to/from, which bitcoin addresses you used for deposit/withdrawal, who you sent codes to, etc, etc. Then there are the second-order possibilities: correlating activities across exchanges. And it's not just the exchanges: many of the other "big names" in bitcoin are cloudflare sites. Bit-pay, for one. Granted, points of interface between the bitcoin economy and fiat economy are always going to be subject to some sort of oversight; we know that AML is unavoidable. But having the exchanges keep records is quite different from the authorities being able to effortlessly and unaccountably wiretap all of the exchanges with a single NSL to a single provider. That's too tempting not to abuse. Am I paranoid or is anybody else concerned about this? I also think the non-MtGox exchanges are overestimating the value of this DDOS protection, but I'll spell that out in a comment to avoid derailing the discussion. (*) I know for sure that Kapiton and BitMe (edit: and MtGox) gave up their SSL keys. For the rest, if they haven't, they're "doing it wrong" and aren't getting DDOS protection on the most important part of their site. I find that pretty hard to believe, and if it's true maybe that's news in and of itself.
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