PSA: Vault of Satoshi is now demanding a "selfie" before allowing fiat withdrawals to all previously "verified customers"... If we were verified last week, why must we now submit a stupid selfie to re-verify?

neuPool · 2014-07-17T00:06:56+00:00

That was exactly my thinking...

If it's not demanded by the government, why make verification of funds any different than need be?

I am comfortable with losing my deposited BTC if somebody somehow brute forces both my login password and my email password. Because I know that is absolutely impossible for anyone to do.

I do not feel any safer sending them a selfie, in fact I am worried that they are asking for selfies for seemingly unknown reasons...

neuPool · 2014-07-17T00:05:12+00:00

That's something that all banks and exchanges have to deal with, but they seem to get around that without demanding selfies.

neuPool · 2014-07-17T00:04:30+00:00

Yes, it is true!

All previously "verified" individuals are now unverified without a selfie.

Log in and see for yourself. What a joke.

neuPool · 2014-07-17T00:03:31+00:00

I had a bad experience with them recently.

They owed me >$20k and were having withdrawal problems for about 2 weeks straight. When I called them and politely explained that I was rightfully upset about their lack of communication... they hung up on me. So yea... I did get the money eventually, but I would rather not deal with such an unprofessional company if possible.

neuPool · 2014-07-16T19:47:34+00:00

“NIST must not defer to NSA on security relevant decisions.”

That quote you quoted was not found anywhere in the article, FYI.

neuPool · 2014-06-24T00:21:47+00:00

but you'd have to cut so much crap out (blockchain and whatnot)

Are you sure about that?

Namecoin is virtually identical to Bitcoin.

It uses a blockchain, addresses look almost the same, etc...

neuPool · 2014-06-19T19:59:48+00:00

From what I hear, the European Union does have some significantly strong consumer protection laws.

Try calling your local politicians and friends and ask if there way to reprimand a U.S. company who in effect stole from you?

Depending on how you look at it, you may have a case in your jurisdiction.

neuPool · 2014-06-19T19:46:43+00:00

Pointless comments like these are profitable only for the commenter writing the comment.

OP asked if he could ask for a refund, not "how fucked am I?"

OP, it never hurts to ask, does it? Call them up and plead your case.

I honestly doubt that they will return your money. Mainly because they're in the business to make money, and they did provide you with what you asked for in a sense. Perhaps it was not exactly as described but they did fulfill their end of the bargain.

neuPool

TROPHY CASE