I meant that I placed the order expected the exchange to be done, if there was a limit order or what so ever stoping them then btc-e should have informed me instead of letting me in front of my computer waiting for the order to be processed. Time I could have used to place another order. I lost 10 percent profit on it and if I had been informed I would have made at least 5%.
No, they shouldn't, but you should have learned how exchanges work before you signed up for one. This is how every exchange (currency, stock, you name it) in the world works. |
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BTC-China is already registered with the Chinese authorities. So there is no chance that they can suddenly take away all the BTCs of their users and vanish.
Yes, this makes them just as safe as Enron or Madoff. |
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Grinder, I did not lie about when the transfers were done at all. You are obviously completely unable to view this case from any other than your own extremely biased side, so this will be my last reply. You marked the transfer as complete before it was. That's really all that matters if you want to nitpick on the rules like you do. It doesn't matter that you updated the seller. The rules doesn't say that you can mark the transfer as complete when it isn't as long as you notify the seller. You should not have agreed to buy more coins than you could pay within the 90 minutes, but in this case it was very fortunate for the seller that you did. I could not have backed out of the deal at all.
Of course you could, all it would take is not doing the second transfer and come up with an excuse (like the seller did). There would have been some negative consequences, but if the price fell by more than 50% (which it has done several times before in that much time) you would certainly have saved money. Even if it fell by less you might have gotten something back from the dispute and been better off than if the deal came through. |
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Can you quote where I lied?
You marked the transfer as complete even though it wasn't. In fact, had I not kept the seller updated and told him about the split transfer, then he would not have even known until he received both amounts in his account on the next day. The only fault from my side seems to have been to keep the seller informed.
You would still have had to lie about when the transfers were done in the dispute. It doesn't matter when he received the transfers or that it wasn't possible for you to do the complete transfer within the 90 minutes. All that matters is that you could have backed out of the deal if the price had gone down before the second transfer, and this gave the seller an excuse to do the same when the opposite happened. |
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When I sent the first payment (after being forced to split it in 2 parts), I had to mark the payment as complete, otherwise I would have lost the money I already sent out. I marked it as complete well within the 90 minutes limit, too and I knew that I would be sending the second part after midnight and I also kept the seller informed. Which means you lied when you said you had completed the transfer. It wasn't very nice behaviour from the seller, and he probably didn't even know he had the rules on his side. Unfortunately this means you should have taken the first offer, and now your stubbornness has really backfired. |
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The payment window was not 90 minutes because the trade was advertised as National Bank transfer, and the seller did not make any further specifications.
The 90 minute window for doing the transfer is specified in the rules for using the escrow system. |
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As the founder of cryptothrift, I would definitely love to hear the negatives to see how we can improve our services...
- More detailed sub categories. In the voucher and fiat categories there could be sub categories for the larger fiat currencies. - Option to use other fiat currencies than USD as reference. If the gift certificate is for £20 it would be more helpful to have the price in GBP. - (Much) more than 10 items/page. - Option to remove currencies from the listings. I'm only interested in fiat and BTC-price, the other ones just makes the listing larger and slower to skim through. If I can't pay using BTC I can't be bothered anyway. - RSS feeds for categories and searches. This also requires a time filter, so that only autions added the last x days are included. |
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Skjønner ikke at du tør å gi så mye informasjon. Hvem som helst kan dukke opp på døren med våpen og tvinge deg til å veksle inn pengene i Bitcoins og sende dem til en adresse. Vi kommer sannsynligvis til å se mange slike ran etter hvert blandt dem med kjent identitet og mange bitcoins. Det er mye lettere og tryggere enn å rane banker, og potensielt mye mer lønnsomt enn å rane kiosker og butikker. |
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Their Facebook page seems pretty active with 80K+ fans, so even if they are not the biggest they still have a decent sized user base.
Not saying they've done it, but you could buy lots of fans cheap for bitcoin at Bitmit. |
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On BTC China the current peak is 2630 CNY or 431.82 USD.
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Wonder what he'll say if the FBI joins our little crime ring by selling the seized bitcoins.
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Why is no one discussing the one REALLY important question: HOW were they able to break (supposedly) encrypted wallet and syphon money from it?
In other articles it has been claimed that they only got the coins that the SR software had access to and which belonged to the customers. If the wallet was encrypted the password was probably stored somewhere on the computers they seized. |
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Total market share the last 24 hours for all currencies, only the largest exchanges:
btcn: 34%
bitstamp: 26%
mtgox: 24%
btce: 8%
localbtc: 1%
btcde: 1%
bitcurex: 1%
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Buy BTC if you can, and maybe they'll be worth something later. I just logged into an old mining pool I hadn't used for a couple of years and found 0.09 BTC. They were worth less than $0.80 then, but now it's $15  |
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I'm going to bump this because it seems like a great service and I had missed it completely until yesterday. I have been looking for travel sites where I could use Paypal, but BTCtrip actually supports many more airlines than any of the sites which supports Paypal. The prices for the trips I checked were quite reasonable, and I will try it the next time I travel.
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The wallets on Bitmit are shared among all the users, just like they are on for instance MtGox, BitStamp and Silk Road. When you do a trade the other party won't get the same coins as you sent.
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Just a few weeks ago there were 115k BTC on the Ask site. I am now in the middle of my first abritrage. Bought 5 BTC on bitcoin.de at 78 € and now sell 4 BTC at 99.5 € on Gox. This was only a test, but I will earn 20% (1 BTC)! I would not call the The term for this is speculation, not arbitrage. |
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