Bitcoin Forum

Economy => Service Discussion => Topic started by: MPOE-PR on February 05, 2013, 11:42:50 AM



Title: A point of fact
Post by: MPOE-PR on February 05, 2013, 11:42:50 AM
Earlier this month, Avalon opened the sale of its alleged mining hardware. They botched this miserably (https://bitcointalk.org/index.php?topic=139704.msg1500945#msg1500945) and in so many ways it really established a new bottom for Bitcoin services. By the time people are charged 1 dollar per 80 BTC item, see the details (name, shipping address, etc) of other customers without any sort of hacking, just naively trying to use the system and in sheer desperation end up offering to trade shopping cart cookies...it really can't get any worse. Total volume? ...cca 60 units * cca 80 BTC per unit, or a little less than 5k BTC. The whole ordeal took half a day.

Earlier today, owner put up a new block of S.DICE shares. Half hour later they were all sold. Day's volume, a little over 5k BTC. Not a tremble, not a tremor, not anything.

These are the large BTC businesses, atm. Who's doing 5k BTC in a day? MPEx and the only ASIC producer to have prototyped a working unit. Some of these do it right, some of these fuck it up.

There's a reason MPEx is top of the chain. Learn from it. And this doesn't just go to Avalon and Walletbit, either.


Title: Re: A point of fact
Post by: rini17 on February 05, 2013, 01:41:45 PM
By the way, CoinBr (https://coinbr.com/) too saw hourly volume spikes over 1k BTC several times already, and it went smoothly or with only few quickly fixed hitches. That includes users successfully placing big orders in the middle of S.BBET IPO madness. I can't imagine achieving this while moonlighting or "just for fun". It needs sustained focus and attention, doing it slowly with good planning and backups and watching out for featuritis.