Silk Road forums

Discussion => Security => Topic started by: mdmamail on April 17, 2012, 05:37 am

Title: New bullshit Dwolla rules
Post by: mdmamail on April 17, 2012, 05:37 am
When you send a payment to MtGox or Bitinstant or any other known bitcoin exchanger Dwolla wants the following now:

Quote
Starting today, users sending money to your account (Bitinstant) will need to meet and/or maintain:

1) Connect a social network
2) Have a bank deposit 30 days old
3) Enable a DWOLLA hub page
4) Have a verified account
(i.e. Social Security and/or Photo Verified)

This is because of charge back fraud. No idea if you can just use a throw away facebook account or if there's some sort of bullshit 30-day requirement for that as well. I'd say don't use it anymore. Start doing cash deposits (anonymous) or just trade with people on the Bitcointalk forums in the Currency Exchange base if you still want to use Dwolla.
Title: Re: New bullshit Dwolla rules
Post by: JamesTaylor on April 17, 2012, 05:47 am
Just for clarification Bitinstant to mtgox is still ok right? They dont require i'd correct???
Title: Re: New bullshit Dwolla rules
Post by: mdmamail on April 17, 2012, 06:02 am
Just for clarification Bitinstant to mtgox is still ok right? They dont require i'd correct???

Not if you use the cash deposit or some other option. Dwolla only requires all these new verifications, and it's just because of previous fraud nothing to do with SR. If you send account to account with another trader you won't have to do all this because their accounts won't be flagged by Dwolla from previous reversals and fraud.
Title: Re: New bullshit Dwolla rules
Post by: dudeguy551 on April 17, 2012, 06:12 am
Just for clarification Bitinstant to mtgox is still ok right? They dont require i'd correct???

Not if you use the cash deposit or some other option. Dwolla only requires all these new verifications, and it's just because of previous fraud nothing to do with SR. If you send account to account with another trader you won't have to do all this because their accounts won't be flagged by Dwolla from previous reversals and fraud.
The inner paranoid freak inside is screaming, UHUHHHHH. Sounds like it would help with that as well as deter being shut down for illicit activity.
Title: Re: New bullshit Dwolla rules
Post by: solus223 on April 17, 2012, 07:05 pm
It is BS.  I'm pulling my hair out trying to find where I can get my dwolla funds converted and into my SR wallet.

Won't be using Dwolla ever again.
Title: Re: New bullshit Dwolla rules
Post by: StonedCrusader on April 17, 2012, 07:29 pm
Where on Dwolla is this? I saw nothing about this when I logged into Dwolla today

30 day bank deposits? What does that mean
Title: Re: New bullshit Dwolla rules
Post by: solus223 on April 17, 2012, 07:54 pm
It means if you want to send any dwolla funds to a currency exchange, you have to have had a deposit sitting in your account for 30 days.  Just a one time deal i'm sure, but nonetheless.

I just purchased bitcoins on get-bitcoin.com.  It is not an exchange, but sells at a fixed rate.  my dwolla funds were successfully transferred to their account, and they will send the btc's straight to my SR wallet.  wait time is 'up too' 24 hours, which is better than waiting on dwolla if time is important.
Title: Re: New bullshit Dwolla rules
Post by: StonedCrusader on April 17, 2012, 07:59 pm
Somebody please post a link to this on the Dwolla Website.
Title: Re: New bullshit Dwolla rules
Post by: SouthSquareBiz on April 17, 2012, 10:54 pm
When you send a payment to MtGox or Bitinstant or any other known bitcoin exchanger Dwolla wants the following now:

Quote
Starting today, users sending money to your account (Bitinstant) will need to meet and/or maintain:

1) Connect a social network
2) Have a bank deposit 30 days old
3) Enable a DWOLLA hub page
4) Have a verified account
(i.e. Social Security and/or Photo Verified)

This is because of charge back fraud. No idea if you can just use a throw away facebook account or if there's some sort of bullshit 30-day requirement for that as well. I'd say don't use it anymore. Start doing cash deposits (anonymous) or just trade with people on the Bitcointalk forums in the Currency Exchange base if you still want to use Dwolla.
Dude, you were in my HEAD yesterday!

I log into this b!tch of an account on Dwolla and was like WTF?!?!

It probably was not smart, but I filled out the info to make my VERY LAST transfer from Dwolla into the deep web. I am just not feeling comfortable with all that sh!t.

I was contemplating cash deposit for 2 months. Now it is not even an option, it is the STANDARD for me! >:(
Title: Re: New bullshit Dwolla rules
Post by: eradicat0r on April 17, 2012, 11:38 pm
any account you send to that has had a previous fraud problem you have to fill this shit out. if you find somebody trading dwolla for bitcoins on a forum somewhere or IRC you won't have this problem until eventually somebody scams them too and dwolla flags their account for this weird social networking shit.