Bitcoin Forum

Economy => Service Announcements => Topic started by: DeathAndTaxes on March 08, 2013, 02:09:38 AM



Title: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: DeathAndTaxes on March 08, 2013, 02:09:38 AM
I rarely publish sales metrics but I am really impressed with what our team accomplished during the crazy and volatile past 48 hours.

Tangible Cryptography Combined Transaction Volume 03/06 & 03/07
Total Transactions Completed: $321,304.40 (7,371.788 BTC)
Total Transactions Cancelled: $0.00 (0.000 BTC)*

I want to thank all our valued clients for putting us on a track to make March our highest volume month yet.





* No "high risk" reversals here.


Title: Re: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: Walter Rothbard on March 08, 2013, 02:12:49 AM
Wow, congratulations!  I haven't had the chance to use your service (yet), but I appreciate watching your contribution to the bitcoin economy.


Title: Re: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: Atruk on March 08, 2013, 02:29:43 AM
Very nice. Especially considering the volatility.


Title: Re: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: justusranvier on March 08, 2013, 04:27:16 PM
Consider what this means about the demand for Bitcoins now as compared to the past. TC is selling them faster than ever before yet the price is still over $40.


Title: Re: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: IveBeenBit on March 08, 2013, 04:57:30 PM
Consider what this means about the demand for Bitcoins now as compared to the past. TC is selling them faster than ever before yet the price is still over $40.

I believe you have it backwards. TC had to open to new customers BUYING bitcoins for the first time in months because there were so many bitcoin sellers not enough demand, so TC was overstocked on coins. TC, correct me if I'm wrong.

Edit: I should also compliment TC on passing their first real stress test. I'm happy to see such a well-run and well-regarded company in the Bitcoin world.


Title: Re: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: justusranvier on March 08, 2013, 05:01:47 PM
I believe you have it backwards. TC had to open to new customers BUYING bitcoins for the first time in months because there were so many bitcoin sellers not enough demand, so TC was overstocked on coins. TC, correct me if I'm wrong.
They did have to open Bitcoins Direct to new customers, and they had to close it again a few days later with more people applying than they could accept.

That just reinforces my basic point that in spite of people taking profits at record levels the demand for Bitcoins is still keeping the price high.


Title: Re: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: Scrat Acorns on March 08, 2013, 05:04:16 PM
Well done.


Title: Re: Tangible Cryptography completed $300,000 in transactions in the past 48 hours
Post by: az12 on March 08, 2013, 10:32:10 PM
Amazing volume, used you guys a few time now with no problems, well done!