So I got an e-mail from Circle saying they are closing my account due to "Restricted Activities". Seems like Circle is catching on to what is going on. Anyone else besides Coinbase that offers the same service for Bitcoins?
Circle closed account.
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hello1234567SBR High Roller
- 12-05-13
- 231
#1Circle closed account.Tags: None -
GoldRush7SBR MVP
- 04-27-09
- 2014
#2Were you sending and receiving from circle? Or just sending?Comment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#3Were you sending straight to account or using an intermediary wallet?Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#4I was sending straight to and from at first as I wasn't aware at that time to use an intermediary wallet before. Maybe it may be the volume of transaction in my account on a daily basis may trigger sometime? I would have a few receiving transactions and then a couple withdrawal transactions within the same day.Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#5Have anyone have experience with Airbiitz? Withdrawals to bank accounts with no problem?Comment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#6I was sending straight to and from at first as I wasn't aware at that time to use an intermediary wallet before. Maybe it may be the volume of transaction in my account on a daily basis may trigger sometime? I would have a few receiving transactions and then a couple withdrawal transactions within the same day.Comment -
NewYorkStress81SBR High Roller
- 08-02-15
- 178
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hello1234567SBR High Roller
- 12-05-13
- 231
#8So how would you sell your bitcoins now besides using Coinbase or Circle? I don't like dealing with LocalBitCoins. I rather have it done the method that CB and Circle does, withdrawal directly to the bank account.Comment -
NewYorkStress81SBR High Roller
- 08-02-15
- 178
#9What other wallets in the US besides coinbase allow you to sell bitcoins back to your bank account? I'm afraid the same thing will happen with coinbase. I sold over 40,000 last week from coinbase back to my wallet. In some cases I used blockchain as an intermediary.Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#10So far no problem with Coinbase for you? How frequently were you receiving and withdrawaling on a daily basis?Comment -
tb1984SBR MVP
- 09-11-08
- 3112
#11
About Paypal fee, you can look for traders that send you as Family/Friends which you don't pay fees. However, prices on LocalBitcoins are a little higher than Circle or Coinbase, so it somewhat covers Paypal fees.Last edited by tb1984; 03-24-16, 10:04 AM.Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#12Paypal on LocalBitcoins?Comment -
tb1984SBR MVP
- 09-11-08
- 3112
#13Yes. I've done several trades, and only trade with good traders with great ratings. And, it's pretty fast too, traders usually send you money right away.
There are tons of methods you can use for trading on LocalBitcoins: Money Gram, **, Cash deposit...Comment -
BigDaddySBR Hall of Famer
- 02-01-06
- 8378
#15same here and i have never sent straight to a book
never.
this penetrating sucks
Team Circle (Circle)
Mar 23, xx:xx xx
Hi xxxxx,
Unfortunately we have noticed unusual activity on your account and we will not be able to offer you service at this time.
This activity relates to sections 17 and 18 of the User Agreement which detail 'Restricted Activities."
Please reference the User Agreement should you have any further questions.
Best,
Team Circle
Jane (Circle)
Mar 23, xx:xx xx
This is a notification regarding your Circle account.Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#16Airbiitz uses Glidera to buy/sell Bitcoins through your bank. I have done a test deposit and withdrawal to my bank using Airbittz and it went through.Comment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#17You guys got to slow down a little. Put your money in and take your money out. This back and forth stuff is not going to float.Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#18So not sending straight to a book, you still get flagged down.Comment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#19Yes, they can follow everything you do through the blockchain. Using intermediary just makes it a little harder but it is really not hard for them to do. They are going to shut down a certain number of people and the obvious gamblers and going to be the ones. If you are going to move in and out, you are basically waving a flag to be the next one to be shut down. They cannot facilitate gambling activity.Comment -
hello1234567SBR High Roller
- 12-05-13
- 231
#20Now with Paypal, would they report anything or become suspious of anything if I have large amounts ($300+) being paid to my Paypal account about 2-3 times a week?Comment -
OptionalAdministrator
- 06-10-10
- 61457
#21Comment -
tb1984SBR MVP
- 09-11-08
- 3112
#22same here and i have never sent straight to a book
never.
this penetrating sucks
Team Circle (Circle)
Mar 23, xx:xx xx
Hi xxxxx,
Unfortunately we have noticed unusual activity on your account and we will not be able to offer you service at this time.
This activity relates to sections 17 and 18 of the User Agreement which detail 'Restricted Activities."
Please reference the User Agreement should you have any further questions.
Best,
Team Circle
Jane (Circle)
Mar 23, xx:xx xx
This is a notification regarding your Circle account.
I guess that you play mostly at Nitrogen or Bitcoin books. I think with traditional books like 5Dimes or Heritage, it's hard for Circle or Coinbase to detect gambling activities.Comment -
BigDaddySBR Hall of Famer
- 02-01-06
- 8378
#23no i dont use btc booksComment -
BigDaddySBR Hall of Famer
- 02-01-06
- 8378
#24Yes, they can follow everything you do through the blockchain. Using intermediary just makes it a little harder but it is really not hard for them to do. They are going to shut down a certain number of people and the obvious gamblers and going to be the ones. If you are going to move in and out, you are basically waving a flag to be the next one to be shut down. They cannot facilitate gambling activity.
you can send PM if you dont want it out in open
thanksComment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#25So, I think that we should not waste time to send through middle wallet, but just don't raise red flag for your account on Circle or Coinbase.
I guess that you play mostly at Nitrogen or Bitcoin books. I think with traditional books like 5Dimes or Heritage, it's hard for Circle or Coinbase to detect gambling activities.Comment -
BigDaddySBR Hall of Famer
- 02-01-06
- 8378
#26i never used nitrogenComment -
tb1984SBR MVP
- 09-11-08
- 3112
#28I also got my Circle account closed, so I had just started trading on Localbitcoins, so I'm not sure. Like I said, there are other methods for trading on Localbitcoins.Last edited by tb1984; 03-24-16, 10:29 AM.Comment -
tb1984SBR MVP
- 09-11-08
- 3112
#29All of your Bitcoin transactions are public, and those transactions will never go away, they exist on the Blockchain ledger forever. So, if Circle or Coinbase put a review on your account, I think they eventually will find out your dealings with sportsbooks.Comment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#32It's just like P2P. Most people can use it. Some people get banned. Take every precaution. You will probably be fine. But if you use it a lot, you are most likely living on borrowed time. If you get banned at one, you had better try not to get banned at the other. You can't keep doing the same thing. These places are not the gift that keeps on giving for gamblers.Comment -
OptionalAdministrator
- 06-10-10
- 61457
#33
The exchange is under pressure to not service gamblers. If you use them to go directly to and from books they will likely have no option but to close your account whilst if you use a middleman they are more likely to just ask you to tell them what you are doing, for their records.
1 person saying it could be a case of forgetting one transaction at some stage too..Comment -
tb1984SBR MVP
- 09-11-08
- 3112
#34The account # he used could have been tied to the book via transfer actions taken later.
The exchange is under pressure to not service gamblers. If you use them to go directly to and from books they will likely have no option but to close your account whilst if you use a middleman they are more likely to just ask you to tell them what you are doing, for their records.
1 person saying it could be a case of forgetting one transaction at some stage too.
Based on the Bitcoin protocol, the blockchain database is shared by all nodes participating in a system. The full copy of the blockchain has records of every Bitcoin transaction ever executed. It can thus provide insight about facts like how much value belonged a particular address at any point in the past.
Last edited by tb1984; 03-24-16, 10:55 AM.Comment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#35Nope, like I said, all of your bitcoin transactions are public, and they will never go away, they exist on the Blockchain ledger forever. When Circle or Coinbase put a review on your account, it does not matter that you use middle man or not, they will see all your transactions from your account -> middle wallets -> books.Comment
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