bitfloor needs your help!

[Bigal]

Code:

accounts
BTC
avail	0.51079690
hold	29.48920310
total	30.00000000
USD
avail	0.0396
hold	0.0000
total	0.0396

Excellent news! Still a long way to go but the effort speaks volumes.

[EuSouBitcoin]

I am thinking not only is Roman TRYING to pay us back, but rather he IS paying us back. Great news! I received a little over 1.7% of my held balance back. Actions speak louder than words. Going to BitFloor to place some orders now.

[davecoin]

I have received some back as well. 

Thanks Roman and bitfloor supporters.

-Dave

[SgtSpike]

Glad to finally see some action on that front... this gives me much greater confidence about the longevity of this exchange.

[BCB]

Good news indeed.

Congrats Roman.

Bitcoin needs this.

[CoinDiver]

Any idea when cash deposits will be allowed again?

[BoardGameCoin]

I also received 1.7% of my held balance back. I hope Roman is able to continue bitfloors recovery. I'd like to be able to recommend it to friends again.

[SgtSpike]

Just to make note of this... if we assume 25,000 BTC is owed (I think that is the amount I remember), then 1.7% payouts represents 425 BTC.  Not a huge amount of money, but definitely enough to show commitment.

[BkkCoins]

Is there a support thread here for BitFloor?
I tried to sign up and I get this page that says:

Error 404 - Profits Not Found

Not very encouraging.

[notme]

Is there a support thread here for BitFloor?
I tried to sign up and I get this page that says:

Error 404 - Profits Not Found

Not very encouraging.

support@bitfloor.com

[EuSouBitcoin]

Good to hear!

Have ACH transfers been resumed? The bank account used to conduct them was apparently migrated about 2 weeks ago and so they were held. I had mine cancelled (Roman was very quick with this btw) and withdrawn through other means but would like to know if ACH is back up and running.

I just did an ACH withdrawal on Dec 3rd and it was credited to my bank account on Dec 5th. From the BitFloor blod Dec 2nd "ACH withdrawals are still available and continue to be free. There have been several delays recently with ACH. These have been due to backend and bank changes which have unfortunately gone on longer than anticipated. I do apologize for the inconvenience and am assured that everything is on track for normal operation starting this week."

At least my ACH withdrawal when through quickly without a hitch.

[420]

are cash deposits halted?

[EuSouBitcoin]

are cash deposits halted?

For now cash deposits are not available. From the blog post on December 2nd, 2012.
https://plus.google.com/109620439233076225324/posts

"Many users have been asking about cash deposits. There are no new updates for cash deposits at this time. BitFloor is working on getting cash deposits at bank branches running again and will post updates as they are available."

[HotDiggityDawg]

Good to hear!

Have ACH transfers been resumed? The bank account used to conduct them was apparently migrated about 2 weeks ago and so they were held. I had mine cancelled (Roman was very quick with this btw) and withdrawn through other means but would like to know if ACH is back up and running.

I just did an ACH withdrawal on Dec 3rd and it was credited to my bank account on Dec 5th. From the BitFloor blod Dec 2nd "ACH withdrawals are still available and continue to be free. There have been several delays recently with ACH. These have been due to backend and bank changes which have unfortunately gone on longer than anticipated. I do apologize for the inconvenience and am assured that everything is on track for normal operation starting this week."

At least my ACH withdrawal when through quickly without a hitch.

Well that's good to know! Last I checked the blog didn't have anything new on it, so it's good that he's getting these updates going and things seem to be slowly going back to normal.

[Stephen Gornick]

I received a little over 1.7% of my held balance back.

If the exchange rate goes up much more that would make it harder on BitFloor.  It is like taking out a  BTC loan and then having to repay from dollar-based income.

[420]

I received a little over 1.7% of my held balance back.

If the exchange rate goes up much more that would make it harder on BitFloor.  It is like taking out a  BTC loan and then having to repay from dollar-based income.

where's his 'help me' donation box

[retrapher]

I received a little over 1.7% of my held balance back.

If the exchange rate goes up much more that would make it harder on BitFloor.  It is like taking out a  BTC loan and then having to repay from dollar-based income.

No, because the transaction fees are a percentage so it scales up. The only way to make it harder or easier for Bitfloor to pay back its debts is to change its volume.

[notme]

I received a little over 1.7% of my held balance back.

If the exchange rate goes up much more that would make it harder on BitFloor.  It is like taking out a  BTC loan and then having to repay from dollar-based income.

No, because the transaction fees are a percentage so it scales up. The only way to make it harder or easier for Bitfloor to pay back its debts is to change its volume.

Right, and for all of us doing dollar cost averaging increase in price means decrease in volume.

[smickles]

I received a little over 1.7% of my held balance back.

If the exchange rate goes up much more that would make it harder on BitFloor.  It is like taking out a  BTC loan and then having to repay from dollar-based income.

where's his 'help me' donation box

1. Deposit some coin.
2. Buy as much USD as you can at the market rate.
3. Buy as much BTC as you can at the market rate.
4. GOTO 2

[davout]

Right, and for all of us doing dollar cost averaging increase in price means decrease in volume.

Haha, smart!