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Hello, I didn't receive my recent 489.84150013 BTC withdraw. I sent you an email to support at bitcoinica, but 16 hours have passed, got no replies.  Really sorry about this issue. Our BTC assets were mostly concentrated in Mt. Gox accounts recently. And our withdrawal wallet is out of funds. We are currently trying to divert some Bitcoins from Mt. Gox to our wallets. I have marked your transaction as "Pending Approval", so that you can cancel it any time and get your money back. I suggest you to withdraw in smaller amounts instead, such as 100 BTC, so that your funds won't get stuck when similar things happen. This is not a good sign....... Site down. |
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Mt. Gox and TradeHill are like stock markets, which are okay for a relatively small market like Bitcoin. But what if we want to make it larger? This is how abstraction comes in.
My design approach is to take out the noise: If Bitcoin is really a currency, why should we care so much about BTCUSD's volume? Why should we even see the order book? I know these are two important components for every market, but it's not important to everyone. Here, Bitcoinica guarantees liquidity, gives people the opportunities to use margin and do short selling, and giving quotes with acceptable spreads.
The reason brokerages exist in the stock / forex markets is because the exchanges charge large fees to have a seat at the table. Since the Bitcoin exchanges are free for everyone to use, this reduces the role of a brokerage. Now, you are providing a valuable service to people by allowing short and long positions as well as the different types of orders. I think you will have success with your clients, but there is a shade of mistruth about what you do. My position is one of a fundamental philosophical difference. I think that short selling should actually produce an effect on the market. I think that every order should touch the market. If someone sells short, you are not actually lending them the Bitcoin as happens in the stock markets. If someone gets a margin call from you, it's not because your clearing institution is asking you to settle your account before close of business. Without touching the market, it's all just numbers in your database. They are called derivatives. I think the young man has a great plan. My hope is HE is actually hedging, because what he really is doing is legal bookmaking...And bookies do go BUST if they dont watch it! Too much action on one side..... |
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This is awesome. A 17-year old in Singapore invents and implements a bitcoin bucket shop. I'm truly impressed. Imagine the financial fraud he'll invent and implement when he has at least 10 or 20 years of experience.
Ladies and Gentlemen!
We now have a new Jesse Lauriston Livermore and he lives in Singapore.
Thats not very nice....... |
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Is there anyway to buy bitcoin with a credit card? The current payment and withdrawal seems quite tedious.
Whoever tried it would get killed by chargebacks . Best bet would be to use your credit card to deposit to buy OKPay and then exchange okpay fot bitcoin. |
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So essentially your running Acunetix Vuln Scanner and maybe nmap as well for 3 BTC?
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I like what you have going there. How many page view per month?
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Is it still posible to turn a profit by mining? At the current prices?
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Any reason why this is happening?
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That would definitely help it gain traction.
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That's creative, I like it =)
Thanks, feel free to create your own. Anyone can post their own contracts and earn all bidding fees from auction...absolutely no cost. We will see how this one goes...  Looks like it moved a bit.... |
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Love your site. Well done!
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You can now exchange bitcoins for paypal at http://spendbitcoins.com. Our only request is that IF you are shopping online, you use the affiliate links on our site to get to the shops you are shopping on, and that if we don't have them listed yet, you let us know in the order form so we can get them listed if possible. If you just want to cash out, no problem. Just think of us next time you ARE shopping online, whether you are using our services for that purchase or not (in other words, you can ALWAYS support us by shopping through our links, you don't have to be using bitcoins to do so). Happy Christmas & happy spending from the Spend Bitcoins team! EDIT: #Paypal disclaimer: If you choose Paypal USD, we will send USD to the email address you list. We pay by credit card, so your paypal account must be set to accept credit card payments and you pay any paypal fees incurred for the transaction, typically $0.30 + 2.9% + any fees for converting USD to your native currency, so you may want to round your order total up to cover these fees. How can you possibly risk the chargebacks that may ensue here? A noble venture but...... |
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It would definitely be a solid idea. You would need to raise a massive amount of capital though.
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It would seem that eventually the FEDS are going to try to take a stand against btc. If it keeps mushrooming, it will create quite a dent in the IRS tax intake. Lets just hope they dont try to stamp it out altogether. Its obviously got great long-term potential.
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Wouldnt you say the price has to stabilize before it can gain critical mass? How many are in circ now?
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I dont think there is any true anonymity on the net these days.
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I have been trying to pay a developer in india from walletbit and it keeps coming back. Has anyone else had issues sending to India.
Thx
OG
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Setting up a bitcoin betting service offering American Sports and Binary Options. The site is www.digibookie.com. Cheers OG |
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Simple. Bitcoin is valuable solidcoin is not. Google "network effect" if in doubts.
That seems like an absolute statement, and in a fast moving niche like virtual currency, I would caution you to look at the graveyard of former currencies. NO ONE knows the actual future regarding solidcoin vs bitcoin.... Its like saying you know where the price of gold is going! OG |
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You might not be a kid, but who knows how many stupid "kid" spammers are out there. We have to pay our dues to graduate  OG |
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