Silk Road forums
Discussion => Security => Topic started by: febbraio2468 on July 07, 2013, 12:21 am
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I cashed out some bitcoins the other day on CampBX and sent the money to my Dwolla account like I've been doing for over a year but the money never showed up in my Dwolla account and it usually shows up in minutes. So today I'm frantically trying to find my money and I find this link on CampBX:
http://www.reddit.com/r/Bitcoin/comments/1h9iyv/psa_dwolla_worse_than_paypal_for_accepting/
It's now against Dwolla's TOS to accept money from any bitcoin transactions and now I think I'm out a shitload of money I had in my Dwolla account. Bitcoin value is dropping like a rock and all my money may be seized so I'm going on vendor vacation until this works itself out.
I don't trust Bitcoin anymore and I don't want to sell my stuff if Bitcoin becomes valueless. Game over man I"m out. I sell my reagent tests on the Clearnet if anyone needs my tests in the future.
Febb
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I'm sorry that happened to you. I have heard that Dwolla is going after anyone who does buisness with exchanges, as soon as they hit $10k in withdrawls, or if they see a constant stream come through. I was thinking about doing localbitcoins, which is what I would do if I were really in a pinch, but not through dwolla. They are really going to lose a ton of business. CampBX is holding dwolla funds for 13 days, so if you buy bitcoin the first day you can't touch it for 2 weeks after a 4 day transfer. I'm not giving them my money anymore. Have you looked into coinbase? they do ACH transfers to bank accounts, I'm strictly a buyer, so I don't know about getting money out, but they gave me a $10k /month limit or $50k/year, IDK exactly, but they DO have a 31 day signup wait, and then 6 days to transfer lately, but it could be a solution, you only gotta give them $1 to signup, coinbase.com. (I am in no way associated with coinbase.com)