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Britcoin is coming back up after a lot of testing. Also, the mininum transaction level will be siginifantly lowered in a matter of minutes. The bids will be matching imminently as well.
We will be daily processing withdaws and deposits from now on.
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Britcoin is coming back up after a lot of testing. Also, the mininum transaction level will be siginifantly lowered in a matter of minutes. The bids will be matching imminently as well.
We will be daily processing withdaws and deposits from now on.
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Thank you, that is much appreciated. I am not taking donations now though as that may have legal implications.
Yesterday during the day, before the server change over, we processed all the deposits and withdraws. We are hoping to be able to do the same thing tomorrow during bank hours. Once we have fully switched servers, we plan to process deposits and withdaws daily during bank hours so that people in the UK will be able to deposit and have the funds in their account same day (if they deposit early in the day). Same for cashouts.
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We are really sorry for these delays. We are working full time to get this fixed. We have just moved servers and in the future we will be moving bank accounts. Although we are having some delays now, these switches are all being done to increase site security and to be able to seemlessly scale with future volume.
Thank you for your patience.
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We are really sorry for these delays. We are working full time to get this fixed. We have just moved servers and in the future we will be moving bank accounts. Although we are having some delays now, these switches are all being done to increase site security and to be able to seemlessly scale with future volume.
Thank you for your patience.
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I know britcoin went down earlier and came back up but it seems to down again for me. Anyone else having problems at the moment?
I know it is supposed to go down again but I thought that wasn't untill later tonight?
Problem with your router and it's DNS caching. |
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Yes the site is back up. All features are currently working. I thank everyone for their patience
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Yep. There's a robot that automatically fills out the fields, but still somebody has provide the authorisation codes to confirm the withdrawals to go through.
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OK site is back up now. Waiting for DNS to propagate.
Server migration happens at midnight. Should take 4 hours.
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I did a funds transfer (GBP) into the account a few days ago, and have just noticed that it has been rejected by the recipient bank account. Not looking fantastic...
This was fixed 2 days ago due to an error on the bank's side. |
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Got an ETA of when it's going to be back up?
3 hours hopefully. For the time being I've turned off the server because people reporting 0 balance are probably logging in with google. Google changes your OpenID string based on the domain name so the site thinks you're a new user. OpenID = lame. In the new exchange we're developing, OpenID will be gone. Once the domain is back up, the site will be re-accessible. From midnight onwards, it will be down until the migration to new servers is complete. |
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As a webmaster. Everything you just said makes no sense at all.
I have never transferred a .co.uk domain... but that seems absurd that you must relinquish the domain to the public in order to transfer it. We are in 2011 here.
Also if a domain squatter has managed to gain control on the domain... because you gave it up... (which looks like what happened) you have no recourse now.
The transfer mechanism for .co.uk is totally different to any other domain name. You don't use an authorisation code. You simply change the IPS tag from one registrar to another. And the new registrar doesn't know who the domain is going to. http://www.123-reg.co.uk/1and1.shtmlhttp://www.experienced-people.co.uk/1022-transfer-site-new-hosting/transfer-a-domain.htmThe actual process for .co.uk and .org.uk domains
It's a system quite different to the .coms. You don't change registrars as such. You need to get the IPS TAG changed to the tag of your new registrar and you need to fill in a form at Nominet to change the owner of the site. There is a fee involved to get the ownership change registered, but it makes sense to do it. If you're just "changing registrars" it can be done simply by asking your new registrar for their IPS-TAG and requesting your current registrar to change the TAG for your domain to the new one provided. That's it. If they don't comply, please visit this Nominet link where you can get the change enforced for a small fee. A more detailed explanation for uk domains. Note that you can't transfer the SLDs .ltd.uk and .plc.uk unless you're buying the LTD or PLC company the domain is attached to. More
Warning: If you have privacy settings on the .co.uk to prevent disclosure of your postal address etc., this can sometimes be lost when a domain is transferred and your details could become public. You can reset them to private but once they are out they'll always be available via WHOIS tools that track and record all changes. We started the transfer process at midnight but it's taken all night. One of our guys was woken up 3 times. |
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Now we're just waiting for the DNS to propagate.
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Hey,
Nothing bad has happened. What basically happened was that when I first setup Britcoin, a US company (BrainChild Products) gave me the resources to create an exchange since they were planning to setup a legalised exchange using my software (something we've been pushing hard for).
Now we're consolidating everything under a single entity in order to get legal legitimisation for Britcoin (one of the conditions of our potential contract). To transfer ownership for a UK domain is different to other domains. Basically the owning company has to change the IPS tag and then relinquish control. Then we have to quickly snap up the domain on the other side.
During that interval, somebody (a domain squatter) would be able to grab the domain. Therefore we had to keep secret during this domain name ownership transfer.
Tonight the server will be down from midnight onwards for approximately 4 hours while we migrate our servers over. You can withdraw BTC from the site, but withdrawing GBP won't do anything and in fact might hinder the operating of the site. A little downtime was to be expected, since we're upgrading Britcoin to a more legitimate infrastructure (legally & technically). Hopefully this is the last non-smooth upgrade since there was no other way to do this non destructively for UK domain names.
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We were doing maintenance, backups .etc Back up now. |
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Hey, If deposits bounce back then try again. Anything sent this morning will probably bounce, but everything is resolved now and they should go through again. Email me webmaster@britcoin.co.uk if you're still experiencing problems with bounced payments tomorrow and I'll personally call the bank again. |
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Glad to see that the Britcoin exchange is growing. It's vital that Bitcoins are circulated so that more value is injected into the economy.
I agree. It's so important to get Bitcoins out of US into the rest of the world. It's tooth and nail to keep this thing running and be writing emails all day and ringing government offices. |
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Hey,
From time to time the bank gets locked every few months. Last time was for a 25 GBP transaction despite such high deposits and volume. We're adding another staff to work on the exchange and hopefully these problems will be spotted instantly in the future.
During the last 24 hours, people have been having trouble depositing because payments were rejected. Now that is sorted with the banks and everything seems fine. It is OK to deposit now into the account.
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Hey granrojo, I agree with you and that will be the new behaviour in the new version of Britcoin we are writing.
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Hey,
For Britcoin we currently use a business account. Deposits are downloaded as a CSV file and parsed. Withdrawals are done by a javascript robot.
Soon we will be gaining legal status, we're doing a rewrite of the software and have a security guy consulting to make the site super secure. I want to do everything properly all around. It's been hard work but everything is falling into place and we need the last piece of the puzzle.
I cannot find a UK bank with an API. It's driving me nuts. Whoever I call has no idea, and corporate accounts are for businesses with > 5mil in turnover / year.
- Can automate withdrawals and fetch deposits without human intervention using an API.
- Immediate receiving of deposits.
- Whenever a payment is made to somebody, it immediately updates the bank balance so we can compare to our own internal balance for book-keeping purposes.
- Doesn't close on weekends (preferably).
I don't need any crappy ePayment service. A bank with a reference field is perfectly adequate. It should be possible since bullionvault.com seems to have the same setup as us (bank deposit + name in reference field).
If anyone knows any consultants to call then that's OK if they would be able to advise us. I just don't want to end up calling, paying and then they say "lol, no idea what you're talking about, sry". e payment gateways use VISA/Mastercard and they're out of the question (not smart when they decide to shut down Bitcoin).
Thanks.
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