Bitcoin Forum

Bitcoin Worldwide Exclusive: New Competitor to MtGox: http://TradeHill.com Use Referral Code: TH-R141 for a 10% DISCOUNT FOR LIFE! #bitcoin

Support what we're doing here at OnlyOneTV.com with "The Bitcoin Show"...  and in Spanish, "El Show de Bitcoin"....  use Referral Code:  TH-R141

Wow... Now THIS is a competitor!

Edit: shameless ref code plug: TH-R171

Is this a scam? That referral code is for anyone with an account to refer people and earn a percentage of one's trading.
Are you sure I get a 5% discount?  :)

Looks great, good job.

I was about to sign up, but it wanted my email address. I'm afraid it's try then trust, not vice versa.

Looks nice, but I just refuse to be the guinea pig  8)

Yay! I bet the existence of the site will boost Bitcoin value.

this looks fantastic!

a question...?

i see no information on limits.  are there any daily/monthly/etc. limits to deposits or withdrawals?

The site say that if you use the referal code TH-R181, you get a 10% discount, not 5% ! (see fees and commissions)

well done.  What ever became of the Point-of-Sale inititive?

I did sign up.  I would say it looks pretty good too.  I have not deposited funds yet but wow are there a hell of a lot of withdrawal choices!  

I guess the fact that MTGOX took in more then  in $30,000 fees in a day was enough to spur some competition.  :)

I signed up, but I have an infinite number of email addresses.  If it gets sold I know who did it the second I get the first spam mail.

F*ck it.  I have to try it.  I can not resist.  Sending 1 BTC to it now.

After all, it is Bruce!

I've noticed a small oversight.  There does not seem to be any way for a user to deposit in bitcoins, there is only the FAQ that tells the reader generally how this is done, and not a link to the market's bitcoin receiving address to actually do so.

Nice job, Bruce.  One thing though, it says "This commission ranges from 0.25% to 0.75% of your sale and can be found in your user profile."  How do I get to my profile?  The commission is not listed in the Dashboard.

Who is the owner? Is it a trusted member of the community?

Deposit coins by selecting deposit funds, then selecting BTC.  Then you need to fill out the form and go to the dashboard for the address.  It is a little convoluted and should be improved there.

I did all that to begin with, and I can't see any form.

Bruce Wagner

Yes, very.

Click BTC then the line with bitcoins shows up.  Click on that line for the form.

Did that too.  No go.  Must be blocked.

From the "Jurisdiction" section, I see it is based in Chile.
Is really Bruce the owner ?

it looks pretty sweet, just signed up. which country is it based in?

Chile.

According to https://www.tradehill.com/Support


Here's my referral code, so if you are afraid that you might only get -5% on the one in the OP and want to have a "user" one: TH-R1138

Nice page btw., I'll wait some time until I start trading probably, but gratulations anyways!

what sort of withdrawal limits money/btc-wise does this offer?

I see no information regarding to that, indeed. At least, we can say that Bruce support the initiative.

Getting Dwolla and BTC into the account is a little convoluted, but I'll give them a chance with some small test transactions.

They made a fatal mistake in using GoDaddy to both register the domain and host (jomax.net = godaddy)
USA can pull them both whenever they feel like it.

Use offshore domain and hosting. Use CloudFlare for DDOS protection, if they'll host LulzSec they'll host Bitcoin exchangers but at least you won't have your escrow wallet.dat seized  (i'm betting it's hosted on jomax.net too)

If you elect to deposit via domestic bank transfer, it asks you to deposit at:


I am still not quite sure how it ties your transfer back to your account on their site.

supernormal 8)

No problem depositing coins
Click on Add Funds, Click on BTC, click on the text, then click on menu item 'Dashboard' and there's the send 2 address under "Your Pending Deposits & Withdraws"

Kudos to Bruce for creating another Exchange - this will greatly benefit the community!

I just signed up ... if anybody wants to support me, use my referral code: TH-R1180 ;-)

Let's see if we can get EUR supported ;-)

Yes I like it, peeps are signing up at a rate of 1,000 per hour or so according to this latest super new discount referal code: TH-R1191

Use it to see what you get

the referal code below will reduce your fee from 0.75 to 0.50

TH-R1186

I just joined. It claimed to be compatible with PayPal, but it is only for withdrawals. :-\ You can withdraw with about 20 methods, but you can only deposit with a US or international bank transfer, Dwolla and Liberty Reserve.

joined. ref code: TH-R1197

I think we only have to wait a bit. Be patient ;-)

I will be watching with utmost interest the way this thing will develop. Hopefully it will be easier/faster to get EUR from it then Mt. Gox.

I believe this will lower the price of BTC over the short term as users go over to TradeHill.

Thoughts?

most currencies lister in the "add funds" section are just stubs.

but I guess the fact that INR are supported may open quite a market.

+1 for EUR support.

Great referral program  :D

Like it.

You need to get it listed on bitcoincharts.com

OBLIGITORY REFERRAL WHORING
TH-R1161

This seems neat.  Better than the 3+ days it takes to move dollars via Dwolla into Mt GOX.  Instant dwolla transfer ftw

Now I just have to KEEP waiting for my money to get into my dwolla account... ::)

Being able to buy gametime with major MMO's is a nice addition too.

More competition is always healthy. I urge everyone to post the experiences they have.

Use my referral to sign up (https://www.tradehill.com/User/Register):
TH-R1292

Just joined as well, the site looks like it'll be a great mtgox alternative if it gains support. Selling BTC right now is a bit on the low side, at $20 (Currently $25+ on mtgox) but hopefully that will rise.

Referral code:
TH-R1297

:)

I just signed up. I may hold on to my few bitcoins for a while though.

Referral Code: TH-R1246
Referral Rate: 10.0% of all commissions generated.

I deposited a little BTC for a test sale. It showed up fairly quickly in my account, and now I have an active order (come and get it!)

I think it is quite possible that with the features and fees here, the hill could become bigger than the mountain.

Instant is probably a relative term.  I've had a Dwolla deposit pending for more than an hour, so it doesn't appear to be automated.

I just joined it.
everything seem great

Referral Code: TH-R1306
Referral Rate: 10.0% of all commissions generated.

First thing I clicked was Trade API, then I was just a little let down.

I hope they do a nice job with the API, as that is what enables all the cool external development to drive more trades through the exchange.

Feature wishlist:

• Secure WebSockets (wss://) for streaming data and real time trade interface
• JSONP fallback for compatibility
• Ability to poll trades after a certain number, so you can do smart updates on a client
• Fix the annoying Box A, Box B on the deposit/withdraw form. Create a custom form for each operation (or just replace 'Box A' with 'Bitcoin Address' and hide all the other boxes.

I put a small amount in and everything went smothly. Dwolla transfer went through in less than 20 minutes, impressive! This will definitely help the trading market become more competitive!

If you sign up please use my referral code - TH-R1347  -- it will help feed my family!

Here's hoping we don't swamp TradeHill with overwhelming traffic when it's just getting started.

Referral code for discounts: TH-R1332 (https://www.tradehill.com/User/Register)

I am so interested about how this new market going to be like in the near future. Its also really nice to see some competitions with different market.

Lets See

so what is the best referal code for a new user to use?

Probably mine.

I don't see the point in referring. The person who uses the code gets -10% fees and you get..nothing?

just getting started.  Referral code: TH-R1204.  Definitely needs to get posted on bitcoincharts so more people will pay attention to it.  Wonder how having another (potentially) big market will affect the trading

joined :)

Referral code: TH-R1390

https://www.tradehill.com/User/Register (https://www.tradehill.com/User/Register)

OK. Get this: I just saw my trade partially execute. My price (29.9999) was actually on the ticker, and when I checked my dashboard, I saw that it correctly showed part of my BTC sold, and part still for sale.

Sweeeeeeeeeeeeet.

I'll probably never get to do that again.

edit: To make things even more complicated, I canceled my 29.9999 sell order (when MtGox blew past my price), and the rest of my BTC are hanging out at 34.9999

Come and get them!

Oh wow. The MtGox bid is 30.7899 and the TradeHill ask is 30

Even counting for fees, this is free money to anyone who has an account both places (look up arbitrage).

I never thought I would actually see it happen. In stocks a clear arbitrage opportunity is always gone in milliseconds, but this has persisted for minutes!

Yet another thing we will probably never see again (once volume picks up on TradeHill)

It seems my email address is too long to make an account on the site. Is there any way around this?

Edit: Just used a different email...

My referral code is: TH-R1435. Would really appreciate some support for someone new to the whole bitcoin thing!

It looks like we do have an official TradeHill representative here on the forum: http://forum.bitcoin.org/index.php?action=profile;u=13816

joined Tradehill and already loaded it with some coins

looks great, don't wait to try it, this feels better than MtGox!!!

type in this discount (TH-R1445) when creating your new Tradehill user and get a discount greater 10% or greater than

very happy to see this exchange take off, should bring many more opportunities and lead MtGox to innovate

howere,it really needs to add more ecurrency options for depositing (moneybookers? Paypal?'?

I think it may lower it short term from what the price would have been had they opened up, but not actually bring the price down, just not as high. Long term it helps because it lightens the work load for all other exchangers, thus making it quicker to buy coins, and more likely that people do it, raising demand, supply stays same, cost goes up.

I'm not sure that there is a connection between quicker buying ability and increase in buyers, but i think so, because i know people who wanted to buy months ago, and didn't because they found out it wasn't an relatively instant process, I guess people just don't like that limbo stage, go figure..

So Does Bruce owns or operate this company?
Because it says the jurisdiction is based in Chile...
and to deposit, you must wire the money to someone name Jered:

Name: Jered Kenna
Bank: ING DIRECT
Routing: 031176110
Account: 143949819

Address:ING DIRECT
1 South Orange Street
Wilmington, DE
19801

I'm sick of waiting several days to send money to Dwolla and then to Mt. Gox.. So, I'd very much prefer simply wiring money to some exchange. But again I'd prefer to know who, and how reputable, this person that I'm sending thousands of $ to first.

Thank you.

This is a really slick site.  Nice job to the owners!  Very user friendly.  Enter TH-R1520 to get a bonus discount.

According to fabianhjr, the owner is stonetz (http://forum.bitcoin.org/index.php?action=profile;u=5856).

http://forum.bitcoin.org/index.php?topic=13696.msg188459#msg188459

Pretty nice, but what are the withdrawal limits ?

And where is the orderbook ?

Well... TH-R1534

Very interested in seeing first hand and real time how competition changes things.

I've noticed that the referral numbers are predictable: what if you use your own (expected) referral number? do you pay yourself a percentage on all transactions you do?

Frankly speaking, I don't trust this website due to the commission discount. Because it smells like ponzi scheme.

erm, it is a discount. I've noticed recently that everyone calls everything a ponzi scheme these days without having any clue as to what a ponzi scheme is.

DonnyCMU: you can wire money to mtgox. You don't have to use dwolla

That's a rather serious accusation. Ever searched the internet ? Affiliate/referal bonuses have been quiet common (even before the internet existed), it's an extremely cost-efficient way for businesses to outsource their advertising at no direct cost.

Yeah, it's like they are trying to look dumb on purpose.

Who wants to pay me 0.20 to use their code?

Hill Bid 30
Gox ask 28.58

!!!!

Shh im trading ;)

OK, folks...  Here's the referral code you've been waiting to use!

TH-R1587

(Heh heh, just jumping on the bandwagon here.  :) )

One thing that i found dangerous, if you make a typo in the amount you deposit the money never gets added to your account. (even if you send it to the proper address)

I just made an expensive typo :(

Just sent them email, hope they can fix it.

EDIT: Already fixed woot  ;D

This is bogus and seems like mindlessly copying the mistake of MtGox and Mybitcoin. So damn easy to do right. Ask for a deposit address, get one, get told that it expires in 1 day, 90 days, whatever. Deposit whatever you want to it.

It's also bogus to say that you won't share data and then say that you will give data if a gov requests it.  ??? Just admit that you share data with people if you are scared of them. Or grow a pair, but that's asking a lot I know.

There's an interview of TradeHill's Jered Kenna on The Bitcoin Show - http://www.youtube.com/watch?v=4sEXmVsiVqM (http://www.youtube.com/watch?v=4sEXmVsiVqM)

Now we need tradehill on bitcoincharts.com!

i sign up, and already ask for Costa Rica colones "compatibility" :p

I'm another lurker here. I checked out that site because I saw the problems that people were having with mtgox, so I ended up signing up.

I'm not quite sure how all of it works, but I think I may just have an easier time with this new site.




plugging in my own ref code: TH-R1729

I think the amount of bitcoinmarkets makes it difficult for to decide which one to use. Especially for beginners theres only the option to try out. A comparison between different markets would be nice!
Anyway, i'll give it a try. If someone still searches a ref-code: TH-R1732 ;)

Great job ! Message send in polish forum ;)

Nice site, but no option to transfer funds from/to Australian bank accounts...

i'm signed up.

for anyone who needs a Refcode: TH-R1750

O.K   I'm in.

Ref. code TH-R1773

Looks like a serious competitor to mtgox!

If you still need a ref code:

TH-R1780

Aha, go and read the first paragraph of http://thebitcoinsun.com/post/2011/06/06/Unfairness-And-A-Pizza-The-Key-Of-Bitcoin-s-Success  ;D

Exactly. I never understood that. And why having an expiration date for address? I mean, just have a deposit address per user is good. That's what they are doing on http://bitmarket.eu and it works well.

Why does the Trade Hill FAQ mention BitcoinExchange Services (an exchange at bitcoinexchange.cc) as if it was them?

Did Trade Hill copy parts of their FAQ or are they the same?

Because without patching bitcoind it's a pain. You have to constantly poll the addresses to see if any deposits have gone in. Multiply this by 10,000 users and it's not scalable. So by giving a 'one shot' address you can scan only this address, and expire it after a couple of days.

I like how the fee here is *greater* than the one at Mt. Gox.

Also, putting in BTC takes forever.

That being said, the website seems to work OK (although what's with all the extra fields?), and I like all the extra withdrawal options.

Competition rulez, let's hope that EUR will be supported soon...

Posting again just to support EUR transfers some more.

Sorry for any confusion.

No I didn't create TradeHill.   

TradeHill is a new sponsor of The Bitcoin Show. 

Also, we were told that our referral code would offer 5% discount for life.  Actually, that was a mistake.  It gives you 10% discount for life.

So if you support what we're doing over here at http://OnlyOneTV.com with "The Bitcoin Show" and "El Show de Bitcoin"....  Please use our referral code.

~~~~~

Bitcoin Worldwide Exclusive: New Competitor to MtGox: http://TradeHill.com Use Referral Code: TH-R141 for a 10% DISCOUNT FOR LIFE! #bitcoin

Support what we're doing here at OnlyOneTV.com with "The Bitcoin Show"...  and in Spanish, "El Show de Bitcoin"....  use Referral Code:  TH-R141

looking good
nice to have another exchange

Wow, it's already down here! DDOS?

Wouldn't you just need to check at every block (= ~every 10 minutes) if a transaction was in it to an address that you own? Doesn't look that bad to me...
Also you could just use a different wallet every 10/100/1000(?) users and check their balance - if it changed, check the individual adresses in there. Last but not least you could sort your adresses by activity + age and first scan the newest + most active ones on each block. If there's still some balance change left in some of your wallets, check deeper and deeper only on these.

In the end it might not be as 100% scalable as "throwaway adresses" but maybe enough - and it would eliminate a lot of support calls ("I've sent more money to the adress and this time it has not showed up!"). For the "untraceable" fans, you could still offer a "throwaway" solution/switch with a clear warning sign.

I wonder how generated transactions show up, would be great if these too get supported by the big bitcoin aggregators (mybitcoin, MtGox and maybe soon(?) TradeHill).

Edit:
Oh, and switch to UTC only on your site please!

I don't think you can, with an unpatched bitcoind, get notified of a new block, or get a list of all transactions in a block. I'm just explaining why some sites have gone for the 'one shot' deposit option. It's easy to implement. There are other ways of doing it. For example every 10 minutes looking at 'listtransactions' for an address in the deposit list. For my site I'm still exploring the best ways of doing this. Lucky I don't have many users :) Yeah I plan to switch to UTC. I thought the server was UTC already but forgot I'd set it up with NZ time.

Well, pools send out a long polling notification on each new block - until you figured out how to do this with bitcoind, you could just listen to a few bigger pools and if all of them send a long polling notice, recheck your balances. A little dirty hack, but should work...

Great to see a competitor!

Just waiting for a 'good' solution to transfer money from Europe :/

Open a business (A "Limited" in UK can be opened with only 1 GBP I heard), open an account and start accepting EUR! The first one that has the balls (and lawyers... ;) ) to do this will most likely be able to cover them in gold soon.

Use TH-R181 then :-)

Or any other Refcode in this thread...  ::)

Is Tradehill referring to Bitcoins as currency (like bitcoin.org does) or goods/commodity like MtGox does?  It makes a big difference with regards to financial regulations and money transmission businesses and AML and KYC rules and required bookkeeping records.

Calling your Bitcoins that you buy/sell/(trade for goods) a currency is stepping into a legal minefield in my opinion, as the financial industry is regulated by numerous laws beyond the scope of this posting, for legislation administrative rulings see http://fincen.gov/

Is calling your Bitcoins that you buy/sell/(trade/barter for goods) a digital P2P crypto-commodity not maybe more accurate and legally acceptable if it is traded/exchanged/bartered or bought/sold not within the scope of financial industry?

It seems like Australia and the United Kingdom's tax offices view Bitcoins in the latter manner.  see http://www.theregister.co.uk/2011/06/08/bitcoin_under_attack/

UK considers Bitcoins legal and taxable unique intellectual property assets? : "... quoting Her Magesty’s Revenue & Customs as saying that turning Bitcoins into currency could make transactions taxable..."  (turning Bitcoins into currency = Bitcoins not a currency, but a digital good?)

Australia considers Bitcoins legal and taxable unique intellectual property assets? : "... If traced by the Australian Tax Office, Bitcoins would probably get the same treatment as “barter” exchanges, with tax assessed on the value of traded goods or services. ..." (barter of digital goods?)

Also MtGox has carefully worded their website as well as to proclaim that you can buy or sell the internet commodity known as Bitcoin.  Unlike bitcoin.org proclaiming it to be a currency, for some unknown reason?

Disclaimer:  Applies to all posts of Cloud9.  Posting is only an opinion.  On a forum like this we do not need to give you permission to have your own opinion.

Some reference codes are not working for me(TH-R141 and TH-R181), this one works for me TH-R11040

Try this one TH-R1805 :)

Get paid for registering at TradeHill. Check out the following topic for details: http://forum.bitcoin.org/index.php?topic=14014.0

I guess I'll just add another one, maybe we can get a "chain" going:
TH-R11089 (https://www.tradehill.com/?r=TH-R11089)

If you go to your profile, you will see the Referral Program section:


My question is: what is the difference between the referral benefit and the referral rate?

I see USD in my account from selling bitcoins AND referral payments, so I can confirm that referral payments do work.

Haven't tried withdrawing any USD yet, but everything looks awesome so far.

I think more people have been using my referral code (TH-R1168) because it gives you extra luck with the ladies in addition to the 10% discount :)

Referral Benefit is the amount somebody saves when he uses your ref link to register. Referral Rate is what you get when somebody uses your ref link.
so its advantageous for everybody to use a ref link...preferably mine of cause  ;D

I used one of your referals here in the forum. Here is mine:
TH-R11320

used the code from the last post, heres mine TH-R11329

A friend of mine tried signing up using my ref code (TH-R1808), and it said it was invalid? Wtf?

used the ref code above me.
would be nice if somebody used mine :) TH-R11348
ty

Looks like USD withdrawals via bank transfers are supported for US accounts only. Are there plans to support international transfers for USD withdrawals as well?

Here's my code :)

TH-R1815

I already emailed them about this. They said they would do international wire transfers with me through HSBC. They will also be opening CAN accounts this week (unless delayed) for Canadian users. I was very pleased by all of this.

If anyone wants to sign up use my referral code: TH-R1230

Im signed up... help a out of work nurse support his wife and 3 kids use my referral code please, TH-R11472

Hmm. Referral commissions are paid in USD rather than BTC! Isn't it what may be called a sneaky business practice?
Come on guys, make it right, pay out in BTC. It's a Bitcoin exchange or what?
Not only this is unfair to your partners but also not very good for BTC economy. (as BTC use is not encouraged in this case)

Indeed, I would also like the option to have the commission paid in bitcoin. I'm from a non-dollar country and imagine one second that someone from sweden use my referral: I will end with Swedish kron on my account :-D

No love for Namecoin on this exchange?

Used it!

Mine is TH-R11498

Why does tradehill.com look just like mtgox.com?

 
Namecoin just seems to be an attempt to recreate scarcity in domain names.

Well, it has a mechanism to try and mitigate a "gold rush" of sorts, but that's not the problem it tries to solve. Rather, it attempts to provide domain names in a decentralized manner such that people using Namecoin domains don't have to worry about authorities coming along and revoking them.

* TH-R11522 * if you dare

One more valid reason to make referral payouts in BTC. Otherwise we'll end up with a mixture of small amounts in different currencies.

Ok kids, my experience today with TradeHill. Signed up last night and sent some coins, which showed up fairly quickly. Got up this morning, did a quick sale of 5 of them. I immediately turned around and requested a withdraw via Dwolla. Since I was getting ready for work and not paying close attention I forgot to put in my Dwolla account #. About 20 minutes later (7:45 am) I emailed and explained the situation and included my account # and the amount I had originally put in for the transfer. At 2:30pm it posted to my Dwolla account. I did not get a reply email, but to be honest, the transfer is reply enough for me ;)

Overall I am pleased, the plethora of withdrawal options looks interesting. I can't wait to see how they do options and margin trading.

UPDATE: When I got up the next morning and checked, the Dwolla transfer to my bank account had already went through. So Less than 24 hours from the time I sold my btc to when I had cash in my bank account. Not bad.

Hey, register here:

https://www.tradehill.com/User/Register (https://www.tradehill.com/User/Register)

and put this code as referral to get 10% less on comisions:

TH-R11722

Enjoy!

I suppose nobody asked this questions yet:

1. Why isn't the site listed on Bitcoin wiki's Trade section ? https://en.bitcoin.it/wiki/Trade
2. Does the owner have any representative on this forum ? (i especially mean a representative with some reputation)

Sorry, it just doesn't look like a service i would trust.

You may choose to not trust it yet, but with time I would expect its reputation to grow.
Nobody's saying they got ripped off yet, are they?  All of the feedback I've been reading has been reasonably positive.

I've always wondered this about MtGox or any of these exchanges.
What happens if there is a run on bitcoin? if the market panics for some reason and dumps? how will these exchanges have enough government issued fiat to cover withdraws?

Since you can ONLY trade money that has been paid into the exchange before, there should be no issue. This is only true, if the exchanges really keep all the money in the company and not take let's say a percentage of it and put it on stocks or something.

It was easier to code that way. We're going to implement it to payout in BTC.
If you want BTC you can just hit instant buy and convert you BTC over until that feature is implemented.

Honestly we're receiving so much volume we haven't been able to communicate like we want to.

When we've got some time (hopefully in a day or  two) we can put out a lot more information and answer every question and participate in the forums more.

Honestly I personally was looking most forward to that point since I've been with this for so long but transactions are taking priority like I believe they should.

Guys, I'm having a issue withdrawing my funds.

I have 31,82U$S balance in my account and when I try to withdraw them by LR, the following msg appears: You do not have enough LR available to withdraw 31 LR! Only 0.0000 LR available.

How can I transfer the money to LR? Does anybody know?

Thanks!

Edit: Wow, I got a response in just a few hours. I'm delighted at how fast their service is.

Hi, I just noticed that the "Amazon Payments" option to withdraw was present around 4 AM PDT, but by 3:34 PM PDT was not present. I was disappointed: that option was very attractive. Can anyone from Tradehill comment please?

LR is now it's own currency on TradeHill.

Yes, I read that, but I don't get it.. I mean, the procedure. How can I somehow turn my btc's into LR's and withdraw them? Step by step? =P

Can you convert currencies in tradehill? I'd like to buy coins using CLP, but there are few or too expensive offers.

Now I don't know if someone mentioned it before.... but Tradehill looks an awful lot like Mt. Gox in terms of layout. As in, it looks as if the CSS was straight out copied and modified.

Used your referral code.  Props to you.

well, Bruce was wrong. His own referral code is also a 10% discount. Thanks for using my code anyway.