|
Intersango was supposed to be a UK exchange.
And now it doesn't look like they can be bothered to pursue that avenue again.
Having said that, I'm glad all my money is out of it now.
|
|
|
|
Isnīt it a good idea to pay our fees with the BTCs on hold? So we can reduce our loss for ourself? That is more trustworthy. People are so maybe more motivated to work again with bitmarket.eu. That is an excellent proposition. But then m4v3r will pay the expenses for running bitmarket.eu from his own pocket (which is empty, as he says). How many years he needs to do that before he makes +18K bitcoins in fees? My friend, ever since we started trading there have been 43.71319707 BTC traded up to today, (this is since 3rd Janruary) This results in a total of 0.109282993 btc made in fees within 6 days. With these trends we can expect to earn 18k worth of bitcoins in around 164,710 days. So to answer your question, it would be around 450 years before bitmarket.eu can earn 18k worth of bitcoins in fees. (It might be slightly less because I think some investors are planning to invest some money.) |
|
|
|
After sorting out users records, I have final, exact figures about Bitmarket financial situation. Please keep in mind that following numbers differ from what I announced on 21st, as at that time I didn't had exact data - some trades were underway and funds were moving.
As of 8th January 2013, 19:00 UTC+1:
Active account balances sum: 153.93819396 BTC (i.e. fresh funds, available for users for trading or withdrawing)
Debt account balances sum: 18855.23368897 BTC (i.e. funds that have to be reimbursed)
Total balances sum: 19009.17188293 BTC
Funds in Bitcoin wallet: 221.45049076 BTC (i.e. funds available right now)
Total debt: 18787.72139217 BTC
The last figure represents the total debt that Bitmarket will have to reimburse to its users.
Also, some members stats:
Currently registered members: 35972
New members in last 7 days: 202
Sum of transactions from last week: 116.75084692 BTC (the number is very small, but that's because the trading just started few days ago and not everyone knows about it)
Thanks for the update. I would like to ask, though, when do the users who make the bulk of the debt get reimbursed? Dorles the proportion of the debt paid? Is it every month? After every successful transaction? Every 200 bitcoins that get collected in fees? In one go? What is the plan? |
|
|
|
|
How do you become an online seller on the site?
|
|
|
|
|
What is the difference between "On Hold" and "Frozen"
My On Hold amount increased when I performwd a trade. What is going on?
Thanks
Fahmeed Farooq
|
|
|
|
|
What's the strategy for getting people their money back?
Do we wait for the fees to build up until we have 20k worth of bitcoins?
Or every month, however much has been earned, will be distributed amongst the users who have frozen bitcoins?
OR will this new company bail you out entirely?
Many thanks
|
|
|
|
As for my plans, I would like to resume trading on the site as fast as possible, probably on the beginning of next week. That could change, depending on the investors' wishes.
Cool, when do you think we can start making our withdrawals from bitmarket.eu? |
|
|
|
I just want to make sure I have the right end of the stick... Has everybody who deposited bitcoins into bitmarket.eu have no longer got access to them? Have they been stolen?  |
|
|
|
so far, only attempts to scam.
too bad, 'twas a promising concept.
we should be able to link the account to bitcointalk.org account and at least show our post count anyone can join bitcoinary.com with just an email address Randalf ( https://www.bitcoinary.com/en/users/880/profile) possible (probable!) scammer I would like to second this concern as the guy believes that 1 feedback by somebody who has been registered for exactly as long as him justifies sending him 100 BTC first before he sends the money (he didn't even ask for my banking details) Would advise people to be careful (not saying he's a scammer) just be careful and manage risk. Also, I agree with other people saying that we should have the option to link our bitcointalk.org accounts to bitcoinary. |
|
|
|
|
Hi guys,
I am interested in operating a website that acts as a marketplacet for mtgox gbp vouchers. This could be a solution to quickly get funds in and out of mtgox efficiently.
I would like to see how much interest there is for this before I embark on this journey as I myself have found it rather annoying to be unable to transfer funds out of Mt Gox effectively (no local withdrawl? And international is rip-off!)
Let me know what your thoughts are!
|
|
|
|
|
Just want to bump thos thread.
I am a brummie and wanna know who else us into Bitcoin local to me.
My skype is fahmeedfarooq
|
|
|
|
|
Hi,
This is just a shout-out to anybody who may have used this site.
I tried to register on there and enter in my details such as my PostCode, name and Skype name, but my account isn't updating and I can't see myself on the map.
Anybody know how to sort this out?
Cheers
|
|
|
|
I need to find one ASAP
Have you tried Somalia? |
|
|
|
|
Just wanted a chance to think out loud here... Instead of using an application, wouldn't creating a distributed website (on something like freenet) be much better?
|
|
|
|
I think you're giving too much emphasis on it. It's not that of a big deal since it's not escrowed. In the end this is just a desktop client to do what OTC or bitmarket.eu are already doing.
Both of those are centralised. Escrow facility is important too though Maybe try to have something more like RipplePay model instead of escrow? Automated and trusted peers? Remember there's no functional implementation of the distributed ripple protocol yet and ripplepay relies on a centralized server. Or rather, is it possible to piggyback off of RipplePay anyway?
I don't understand. Can you explain the question more? True, no implementation of it yet, I think this is what needs to be tackled ad I agree, a centralised server means central point of failure. The only way I can think of doing it is everybody on the daisy-chain of a transaction verifying the transaction. Sorry, what I meant by 'piggybacking' was just sign up to tge site. A crude solution with a central point of failure but a start? |
|
|
|
I think you're giving too much emphasis on it. It's not that of a big deal since it's not escrowed. In the end this is just a desktop client to do what OTC or bitmarket.eu are already doing.
Both of those are centralised. Escrow facility is important too though [/quote] Maybe try to have something more like RipplePay model instead of escrow? Automated and trusted peers? Of course, you'd need a critical mass before it becomes viable. Or rather, is it possible to piggyback off of RipplePay anyway? |
|
|
|
Let's wage war in Wirtland, seize their servers and use them to generate our coins.
This is a question of national seurity: Wirtland is a threat to us.
I. On board for this initative, it must be done for the greater good. Virus primed, Trojans on stand-by, may our ISPs forgive us... |
|
|
|
|
I am wondering if there are any trading sites or people who are trading who buy/sell MTGox vouchers.
I am willing to sell MT.Gox GBP vouchers, because I'm trying to get the money out without using international wire.
Anybody got any ideas?
|
|
|
|
I haven't tried the software but at the moment there is a lot of trading on mtgox and other exchanges where the exchange takes a slice in the form of a "trade commission". Ideally these should be replaced with transaction fees in the p2p exchange model and these fees are paid out to miners. This will make mining for transactions fees very profitable indeed. Are there any plans to integrate a p2p exchange into the existing system in such a way that miners get the transaction fees for these trades?
I would also like to see it as a kind of p2p ebay where anything can be traded e.g. food, clothing, commodities and so on.
Intersango already does no commission. But I see your point, and it's a good idea to say the least. I think if Dark Exchange gets to where we are all dreaming it should be then DarkBay could follow? |
|
|
|
|
Show Posts
