GM, trying to stack the dip but my @Strike account is locked AGAIN. 🤬 #[0] not cool, bro 👎
Discussion
Someone help 😢
Avoid kyc honeypots, free yourself
Agreed in principle, but it’s the only/easiest way to get my fiat mined direct deposit converted automatically to sats. Strike support is really the absolute worst though, I don’t know why so many plebs give Strike a pass. They need to fix their shit or get called out.
Don't settle for the easiest.
Any other way you know of to have direct deposit converted to sats I’m all ears.
Why do you need it to be direct deposit?
You really can't spare a few minutes every month finding a suitable p2p trade?
No bank acct currently. I’m basically ‘on zero’ except for the weekly direct deposits to Strike which are converted to sats and immediately withdrawn.
Strike doesn’t like DD from non payroll accounts. They want you to use plaid to transfer from a bank account.
Not sure what ‘non payroll accounts’ means. I’ve never had a problem with DD before, been doing it this way for a year or so. But this is the second time I’ve been locked out of my account for apparently no reason and no reply from customer service. 💩
The direct deposit page specifically says you can’t use it for personal wire or bank transfers 🤷
Easiest has a cost to you in the long run. P2P saves you in the long run.
Seriously not cool. My Strike account is completely locked for over 24h now with a decent chunk of fiat that just landed with my paycheck overnight. No reply or resolution from Strike support. Can’t pay bills, make payments, or withdraw. Worst of all, I can’t even stack the dip. 😭
#[0] you have lost my trust. Will no longer be using Strike to DCA #bitcoin and would recommend other #bitcoiners to avoid as well. #plebchain
#[4]
That’s what happens if you trust custodial services. Let this be your lesson.
Use ≠ Trust, but I totally get your point and agree. Have to convert the paycheck to sats somehow though, and Strike seemed like a decent option until now.
convenience you must sacrifice. we have robosats put an offer there with your paycheck amount problem solved.
I use RoboSats all the time and love it.
But this is a fiat paycheck and I currently have no bank account. Strike was only used to convert the weekly direct deposit immediately to sats and then withdraw. Until I can get paid directly in sats, it’s always going to be a trade off. Once you ‘get on zero’ your options are actually pretty limited.
DD into cash app? Spread/fees are worse compared to Strike…
IMO Strike has nothing to do with any real demand for bitcoin. Strike is a legacy-finance beachhead in the overall corporate & state attack against bitcoin.
100% agree. @npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vl
100% agree.
#[2]
Sorry amigos. No #Strike app issues over here. Still stacking $sats & chilling
Although, the Strike web browser extension no longer allows me to buy BTC. Has been disabled for about two weeks.
Works until it doesn’t… Highly recommend moving away from Strike for good. Still can not get any answer from Strike support why my account and remaining funds are locked for two days now. Been a Strike user for a long time and now they have robbed me.
This is terrible I’m sorry you’re dealing with this. Strike was always a little buggy for me but I only used it to stack sats by paying myself via a lightning invoice after depositing cash, no auto buy or technically purchases through strike.
Hopefully you’re account will get unlocked soon, you can move the fiat off and move to someone else? Swan?
Swan just closed my account too. The dominoes are falling 😩
i'm almost certain that it's primetrust to blame. you can reach out to them directly for support as strike's support is horrendous and you'll likely never get a response from them.
this is the exact situation i'm talking about here. have you tried buying from another primetrust exchange? you're probably frozen there too.
take this as a lesson and start buying p2p kyc-free instead. stack into a new wallet not associated with your kyc'd transactions. it's a new day in your bitcoin journey, friend. followed. 🤙
Yep, it’s Prime Trust. My Swan account was closed yesterday as well, even though I haven’t even used it in forever. I got flagged for some reason and no one can tell me why or for what. Nothing has changed in how I use Strike or any other platform. KYC is the illicit activity- but like I have mentioned in the other thread, there’s simply not many options out there once you actually ‘get on zero’ and no longer have a bank acct. Strike was my best option to convert my fiat paycheck directly to sats. Until now 👎
Sorry you’re experiencing this.
I’ve had nothing but the best service from Strike.
Remember, it only works until it doesn’t. Just like with every other KYC platform. User beware: don’t think you are immune. No one is, it’s only a matter of time and just because you’ve been lucky so far doesn’t mean you always will be. GL
Did you have direct deposit into strike for paycheck
Yes. This was a recurring weekly direct deposit that had been set up for over a year with no changes. It was flagged for a *very* insignificant discrepancy that has since been cleared up, but Strike will not unfreeze my funds.
I’ve had nothing but good experiences with Strike…im sure they will make it right. #[2] runs a solid, Bitcoin only company. I will say it’s good to have a backup way to buy Bitcoin just in case.
I hope you are right. Still waiting for Strike to come through here, but they have handled this completely inappropriately from the start and continue to ignore me.
I think it needs to be clarified though: Strike is definitely NOT a Bitcoin only company, they simply use the Bitcoin network to advance the proprietary fiat rails they have been building. Their focus is on facilitating fiat and KYC monetary exchange, not #Bitcoin.
That’s fair. By Bitcoin only I meant they weren’t in the shitcoin business (besides fiat 😂)
Can’t seem to zap your note btw. Is your LNURL working?
How about now? It was working at one point 🤔
Try complaining to the state's Attorney General, or to the Office of Comptroller of Currency. At least this is a standard response to similar problems at https://money.stackexchange.com/, I have no personal experience.
some people do not learn from mistakes of others (and I was also guilty of such behaviour): https://www.reddit.com/r/Bitcoin/comments/11ckawd/comment/ja3gywr/?utm_source=reddit&utm_medium=web2x&context=3
BTW spreading awareness a bit.
Incidentally, you reminded me of an opposite problem which I encountered twice with banks in Spain. I had negative balance and blocked account (because they wanted to close my account, because I sold btc :)). Negative balance - they want me to pay them. Blocked account - they refuse to allow me to pay. Actually, they did allow me to pay, but I had to jump through the hoops, only in cash (I thought cash was evil), in person, had to wait until they unblock the account. I regret I have not let them sue me - which they threatened to do, I would pay them with bank transfer, have it returned, and have them explain this to judge. Bank would be suing me because they were unable (or rather unwilling) to accept bank transfer from me.