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Other => Archival => Topic started by: TheButterZone on May 22, 2013, 07:49:05 PM



Title: Vircurex to remove all non-BTC trading pairs in days - POSTPONED!
Post by: TheButterZone on May 22, 2013, 07:49:05 PM
2. Remove any-2-any trading
Due to the lack of volume and the need to restructure our screen layout we have decided to remove all trading pairs that do not include BTC. I.e. we will be offering only trading to and from BTC in the future. All other trading pairs will be discontinued and all open order deleted.

Implementation timeframe: 25th or 26th May.

This is a fucking disaster for my bottom line. Anyone else?

0.39853893 BTC (after fees) if my asks are filled and I finish my FTC trading strategy.

0.13990478 BTC (after fees) if forced to sell my altcoins into BTC bids.

Please either cancel this implementation, or send 0.39853893 BTC to 1TBZYXjrGjXCEN1SprpF66Jzy5uN3GiLS and then close my Vircurex account/seize all the altcoins in it.

ETA: Asks cancelled. WTS SOLD my Vircurex account for 0.21 BTC (https://bitcointalk.org/index.php?topic=206639.0), with altcoins prestocked (0.05922185 BTC less than the average of the two amounts above). No Yubikey required.

ETA2:
Due to the mixed feedback on canceling the any-2-any trading, we will postpone this action until further notice.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: Devianttwo on May 23, 2013, 08:08:21 AM
Didn't relize this was Vircurex's tech support.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: naphto on May 23, 2013, 09:32:28 AM
Good luck :)
You'll get lucky if you get 0.2+ btc


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: ranlo on May 23, 2013, 11:30:42 AM
This sucks... I thought they get kickbacks from each trade that's made? This will cause there to be less trades, meaning less income for them. I really can't fathom why someone would do that. It just doesn't make good business sense.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: samson on May 23, 2013, 11:56:33 AM
Did vircurex change owner recently ?


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: glendall on May 23, 2013, 02:09:47 PM
Holy crap this is huge news. Surprised I wasn't aware of this until now (thanks OP).

That sucks. I enjoyed and had a lot of success at selling some fringe alt coins for usd on Vircurex.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: area on May 23, 2013, 10:30:43 PM
The fact this hasn't been announced on the site itself is pretty bad. I would also like to register my disapproval. Wanting to sort out the screen layout is a particularly bad justification. Most of the trading pairs are hidden by default once logged in, anyway. Just don't show them on the main page, and have them as opt-in for display on a per user basis.

EDIT: To clarify, the ability to trade any/any is the major reason why I use VirCurEx, and I regard this ability as the distinguishing feature of VirCurEx. Should this ability be removed, I will be taking my custom elsewhere. I am sure I am not the only one.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: mtrlt on May 24, 2013, 06:28:22 AM
This is a _sensible_ change. We don't need a hundred currency pairs.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: ruggedman_dan on May 24, 2013, 07:31:49 AM
I can see this is gonna suck for a lot of people.

But, to be fair, getting a decent order filled at Vircurex is really tough. I can see their reasoning behind this. Although them trying to be sneaky about it is clearly the wrong way to approach this.

Hopefully this change will increase the volume there. If so, Vircurex can be a good option because of the ease of depositing and withdrawing. I love VouchX coupons.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - WTF?!
Post by: smoothie on May 24, 2013, 10:03:36 AM
to be honest I never thought much of the Vircurex site.

Very ugly and appears that they don't take pride in their work. Looks like something you might whip up for a small project in college just to pass the class.



Title: Re: Vircurex to remove all non-BTC trading pairs in days - POSTPONED!
Post by: TheButterZone on May 25, 2013, 03:59:11 AM
So to clarify on what this thread is about.  Vicurex will delete any and all alt coins I have stored in the wallets on there site is not removed asap?

NO.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - POSTPONED!
Post by: counter on May 25, 2013, 04:35:00 AM
OK


Title: Re: Vircurex to remove all non-BTC trading pairs in days - POSTPONED!
Post by: Lohoris on May 25, 2013, 07:51:26 PM
More or less you can still convert anything to anything, but if it is an alt to alt it requires two jumps:

Alt->BTC->NewAlt
And this makes sense to me, after all if there are too many weird exchange pairs, it wound't be a good thing neither for casual nor for power users...


Title: Re: Vircurex to remove all non-BTC trading pairs in days - POSTPONED!
Post by: ranlo on May 25, 2013, 10:13:48 PM
More or less you can still convert anything to anything, but if it is an alt to alt it requires two jumps:

Alt->BTC->NewAlt
And this makes sense to me, after all if there are too many weird exchange pairs, it wound't be a good thing neither for casual nor for power users...


It does make things "easier," but it also means you pay fees twice instead of just once.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - POSTPONED!
Post by: Lohoris on May 25, 2013, 10:25:14 PM
It does make things "easier," but it also means you pay fees twice instead of just once.
easily fixed lowering the fee.


Title: Re: Vircurex to remove all non-BTC trading pairs in days - POSTPONED!
Post by: TheButterZone on May 25, 2013, 10:25:39 PM
After reading through everything, what they are going to be doing is stopping alt to alt trades. For example:

You didn't read through everything...

ETA2:
Due to the mixed feedback on canceling the any-2-any trading, we will postpone this action until further notice.

Locking topic and deleting posts to stop incorrect info being spread.

Be vigilant and put https://bitcointalk.org/index.php?topic=49383.0 on Notify.