Bitcoin Forum
June 17, 2024, 04:04:44 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Bitfloor shutting down  (Read 4882 times)
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1204
Merit: 1001


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
April 18, 2013, 07:36:43 PM
 #21


If anyone is looking for a new place to trade, please consider CampBX.  We will love to have you on our platform.

- Keyur



I just opened an account and Dwolla'd $1000 into it. I will update with my trading experience.

Right off the bat, I notice that there's no trade volume information, and the order book (depth table) has to be refreshed *manually* using the browser.

-- FK

From the looks of it, I believe they're aiming for the API traders. Looks fine to me, as I'm an API trader myself, and I'm moving cash to them next week to try them out as well... but you're right, without browser based trades being easier, they're going to very severely restrict their client base - it's just not browser-friendly.

It might prove to be helpful- the fewer users freaking out and clicking "cancel cancel cancel" or "buy buy buy" a million times per second might prove to be more then a benefit for the API traders. No harm in it being a niche organisation for only pros.

more or less retired.
radiumsoup
Sr. Member
****
Offline Offline

Activity: 356
Merit: 255


View Profile
April 18, 2013, 07:56:06 PM
 #22

It might prove to be helpful- the fewer users freaking out and clicking "cancel cancel cancel" or "buy buy buy" a million times per second might prove to be more then a benefit for the API traders. No harm in it being a niche organisation for only pros.

it would help liquidity, though... and that's pretty important for API traders (well, bot traders, anyway, but I assume most API traders are using automated trading scripts). Without new blood coming in buying or selling, the market will evaporate slowly to the exchange fees.

PGP fingerprint:   0x85beeabd110803b93d408b502d39b8875b282f86
foggyb
Legendary
*
Offline Offline

Activity: 1694
Merit: 1006


View Profile
April 18, 2013, 07:59:27 PM
 #23

Banks do not like a lot of ACH in / out. It does look like money laundering.


...and they don't want competition.

I just registered for the $PLOTS presale! Thank you @plotsfinance for allowing me to purchase tokens at the discounted valuation of only $0.015 per token, a special offer for anyone who participated in the airdrop. Tier II round is for the public at $0.025 per token. Allocation is very limited and you need to register first using the official Part III link found on their twitter. Register using my referral code CPB5 to receive 2,500 points.
cryptoanarchist
Legendary
*
Offline Offline

Activity: 1120
Merit: 1003



View Profile
April 19, 2013, 08:27:41 AM
 #24


No, not really. At least, not in the way you think they are. I think they're amused and paying attention, but they're in no way threatened by BTC.

You think wrong. They're not that stupid. Maybe you are, but they aren't.

I'm grumpy!!
radiumsoup
Sr. Member
****
Offline Offline

Activity: 356
Merit: 255


View Profile
April 19, 2013, 01:50:11 PM
 #25

No, not really. At least, not in the way you think they are. I think they're amused and paying attention, but they're in no way threatened by BTC.
You think wrong. They're not that stupid. Maybe you are, but they aren't.

Wow. That got unnecessarily confrontational really fast. Did you want to discuss the points I made, or are you just going to leave your ad hominem sitting there without picking it up?

Now, to address the topic: Still waiting for ACH transfer. Bitfloor now shows my USD withdrawl request as completed ($0 available, $0 on hold) but it hasn't shown up in my pending banking transactions.

PGP fingerprint:   0x85beeabd110803b93d408b502d39b8875b282f86
cryptoanarchist
Legendary
*
Offline Offline

Activity: 1120
Merit: 1003



View Profile
April 19, 2013, 02:51:59 PM
 #26


You think wrong. They're not that stupid. Maybe you are, but they aren't.

Wow. That got unnecessarily confrontational really fast. Did you want to discuss the points I made, or are you just going to leave your ad hominem sitting there without picking it up?


I'm going to leave it at ad hominem.

I'm grumpy!!
radiumsoup
Sr. Member
****
Offline Offline

Activity: 356
Merit: 255


View Profile
April 19, 2013, 04:20:56 PM
 #27


You think wrong. They're not that stupid. Maybe you are, but they aren't.

Wow. That got unnecessarily confrontational really fast. Did you want to discuss the points I made, or are you just going to leave your ad hominem sitting there without picking it up?


I'm going to leave it at ad hominem.

Got it. Unwilling/unable to defend your position. Good to know.

PGP fingerprint:   0x85beeabd110803b93d408b502d39b8875b282f86
cryptoanarchist
Legendary
*
Offline Offline

Activity: 1120
Merit: 1003



View Profile
April 19, 2013, 07:25:19 PM
 #28


You think wrong. They're not that stupid. Maybe you are, but they aren't.

Wow. That got unnecessarily confrontational really fast. Did you want to discuss the points I made, or are you just going to leave your ad hominem sitting there without picking it up?


I'm going to leave it at ad hominem.

Got it. Unwilling/unable to defend your position. Good to know.

Unwilling to state the obvious to someone who can't see the obvious. Would you waste time explaining to someone that didn't think there was an internet that indeed such a thing existed?

If you can't see that a bank might be concerned about an alt-currency with a billion dollar market cap, you're an idiot.

I'm grumpy!!
radiumsoup
Sr. Member
****
Offline Offline

Activity: 356
Merit: 255


View Profile
April 20, 2013, 01:43:36 AM
 #29

Whatever, man - you're the one who brought it up, and when I made a counterpoint with a logic-based view, instead of engaging in anything resembling rational debate, you just threw a fit, took your marbles, and went home.

Related to topic: Still no ACH from Bitfloor pending at my bank. (Usually I see a "pending" transaction for ACH deposits, even when they're not actually going to settle the same day.) My bank processes ACH on Saturdays, so we'll see tomorrow if it shows up.

PGP fingerprint:   0x85beeabd110803b93d408b502d39b8875b282f86
radiumsoup
Sr. Member
****
Offline Offline

Activity: 356
Merit: 255


View Profile
April 25, 2013, 10:53:33 PM
 #30

just an update on my return of funds: what had been a "processed" ACH withdrawal is now listed as "on hold". Given what they've publicly announced for a timeframe for delivery of their "check from the bank", I don't anticipate a refund until AT MINIMUM 5/1 (again... if ever)

PGP fingerprint:   0x85beeabd110803b93d408b502d39b8875b282f86
cryptoanarchist
Legendary
*
Offline Offline

Activity: 1120
Merit: 1003



View Profile
April 26, 2013, 05:05:46 AM
 #31

just an update on my return of funds: what had been a "processed" ACH withdrawal is now listed as "on hold". Given what they've publicly announced for a timeframe for delivery of their "check from the bank", I don't anticipate a refund until AT MINIMUM 5/1 (again... if ever)

Bitfloor has conducted business on a very professional level. You'll get your money.




I'm grumpy!!
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!