In recent months we have heard many complaints regarding this service...

MTGox said they don't know when the litecoin will be introduced...

Western Union :

Step 1 - I send 200 euro to my father in Thailand
Step 2 - My father goes to the nearest WU office and pick up 170 euro IN CASH, 25 minutes LATER in local currency
Step 3 - My father use the cash to pay a massage, 20 minutes later.

Time : 45 minutes
Fees : 30 euro

Bitcoin :

Step 1 - I send 2 BTC to my father.
Step 2 - My father use an exchange to sell 2 BTC for 200 USD. He withdraw the money. He receives 170 EURO (30 euro is the international transfer fee) 4 days LATER.
Step 3 - My father exchange the EURO to local currency (a small tax apply)
Step 4 - My father use the cash to pay a massage, 20 minutes later.

Time : 4 days and 20 minutes
Fees : 30 euro

How can you access the links using the qt client ?

We develop real-cash browser games (anno1777.com, cashtowns.com) and we have paid hundreds of thousands to players. We have reached the conclusion that bitcoin needs a new kind of exchange and we started bitcoin-exchange.info, which until now is a success. We have moved from a volume of 10 btc / day to 1100 btc yesterday. It's nothing compared to big players but its a good start.

The software is in beta and some errors may occur.

Anyway, ff we have under 100 posts on this forum it doesn't mean we are scammers. 

It was a temporary problem.

Thank you for your already "traditional" advice of NOT TO START any bitcoin business. Fortunately, this isn't our first online startup. ..

Toata lumea din biroul asta stie ca vor urma luni bune de munca fara prea multe rezultate vizibile. Din fericire nu este prima noastra afacere online. Stim exact cum si in cat timp se castiga increderea pietei pe domeniul financiar. Mai ales ca bitcoin este un domeniu plin de scammeri la ora actuala.

@pmihairo : Este exact cum ai spus. Dupa fiecare BTC cumparat pretul creste cu 0.25, la actuala volatilitate. Pe viitor, aproape sigur vom cobora volatilitatea. Schimbarea permanenta de pret este un lucru neplacut pentru cei care vor sa cumpere la pret fix dar este o oportunitate pentru cei care speculeaza.

Incerc sa ajung...

Its not bad news but bitcoin and paypal are competing business. PayPal can never replace Bitcoin but Bitcoin can ANYTIME replace PayPal. Its a good reason for PP to destabilize Bitcoin.

Any spike is followed by a correction, on any market not just bitcoin.  If the correction is bigger than expected,  some scarry sellers will transform the correction into a crash. Conclusion : any crush begins with a small correction...

bulls make money bears make money pigs get slaughtered...)

Offshore jurisdictions or maybe Singapore.

bitcoin-exchange.info accepta plati / retrageri in RON.

@sedric398 : noi trebuie sa devenim "de incredere"...

Dupa instawallet, bitfloor si bitcoin-24 va fi nevoie de multe luni de munca pentru a castiga increderea utilizatorilor. Din fericire stim asta iar planul nostru de afaceri are bataie lunga.

Deocamdata trebuia ca cineva sa acopere golul lasat de Instawallet si tot cineva trebuia sa faca primul exchange in care ordinele sunt executate in aceeasi secunda. Exact asta am facut.

Peste 3-4 luni si mult advertising probabil putem vorbi de primii traderi care au incredere in bitcoin-exchange.info...

Am placerea sa anunt primul exchange facut de o exchipa de romani. Este vorba de bitcoin-exchange.info care pe langa simplitate aduce si alte noutati.

Cea mai mare inovatie o reprezinta garantarea lichiditatii. In general intr-un exchange obisnuit, vinzi si cumperi de la alti traderi. Aici vinzi si cumperi btc de la sistem asa ca toate ordinele sunt executate pe loc. Doar ca dupa fiecare btc cumparat / vandut pretul creste / scade cu 0.25 USD

Este un sietm care garanteaza executarea instanta a oricarui ordin. Puteti sa incarcati / retrageti bani direct in RON pe langa lte metode.

Nu este necesara deschiderea unui cont, exista suport tehnic zilnic, asa ca astptam sugestiile voastre. Taxele sunt de 0.25% / tranzactie.

Site-ul este in versiune beta asa ca postati aici problemele gasite (veti gasi sigur o gramada).

In versiune beta, retragerile / depunerile sunt asigurate de echipa de dezvoltatori din bucuresti, dupa care din May o noua echipa de suport va prelua finantele si intretinerea.

- We would like to announce the launch of Bitcoin-exchange.info site. Bitcoin-Exchange.info is a bitcoin wallet and an exchange, in the same time. You don't need to open an account. Just press Start on the first page and the system will open your account, just like Instawallet. You still need to bookmark the url wallet address in order to access your funds.

- We have also added some security measures like two-factor authentication by email, alerts, ip-based access and so on (we dont want to end like Instawallet).

- You can deposit / withdraw cash by Wire Transfers and WesternUnion. For WesternUnion withdrawals, you can get the cash in 3-6 hours. For International Wire Transfers it take up to 5 business days for a transaction to clear.

-Usually, all new exchanges have 90% chance to fail because of a very old and serious problem known as "chichen and egg". Sellers want to find buyers. Buyers want to find sellers. As fast as possible.

Big established exchanges have around 2000 traders IN THE SAME TIME ONLINE. A big number of users online in the same time creates liquidity. Liquidity is the most important aspect of an exchange. Not the fees, ddos attacks or customer support. Without liquidity, the best exchange WILL FAIL in 2-3 weeks.

If you are a trader and your market order is not executed in 2-3 minutes on that new great exchange, you will wait in line for MtGox to come back online after a new 100GBps  DDOS and use MtGox, because your market order order is executed in 30 seconds, there.

Trying to bring 1-2k buyers and sellers online on a new exchange is lunacy. You can't do it. So we came up with a simple system that guaranties liquidity. Usually, on an established exchange, you buy / sell bitcoins from / to other traders. On bitcoin-exchange.info you buy / sell bitcoins from us. We instantly execute any order, any size, on the spot. But after each 1 btc you buy / sell, the market price increases / decreases with a specified value called market volatility. Any transaction you make WILL MOVE the market, even if you buy / sell 0.01 BTC

Let's take some examples :

Let's assume that market price is 100.0980, and the market volatility is 0.25 and you buy 4 btc. The new market price will be 101.0980, or if you sell 4 btc the price will decrease to 99.0980; Another important aspect is that you will buy the first bitcoin at 100.0980, the second at 100.3480 and so on...

Even if only 2 or 3 traders will use bitcoin-exchange per day, they will have orders instantly executed. The transaction fee is 0.25% but it can change if market volatility is changed.

Right now, Bitcoin-exchange is in open-beta stage, the payments / withdrawals are executed by our Bucharest development team, but starting May the new customer support / banking team will manage the site. Online customer support chat is available 6-8 hours / day.

Any suggestion / feedback is welcomed.

You just don't get it. It's not about centralized / decentralized bs...it's about liquidity. How do you bring thousands of traders face to face IN THE SAME TIME ?

If trader X place a market order on a site and that order is not executed in the next 30 seconds (like on MtGox ), trader X WILL LIVE the new exchange in 5 to 15 minutes. And he/she will never come back again !!!

Ask yourselves : Why do we have only 2-3 big exchanges The answer is : LIQUIDITY !!! It's the most important aspect of an exchange. Tens of small exchanges died before launch because of this problem. It's almost impossible to have 1000 buyers and 1000 sellers in the same time, on a newly launched exchange site. Period.

3 moths ago i have bought BTC 100 for $2000.

Today i went to shopping with my wife. When i came back, the price for a bitcoin was up $20. That means, the value of my 100 btc increased $2000 in 5 hours, which is the price i have initially paid to buy my BTC.

This is just insane. It looks like the mother of all bubbles....