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Author Topic: Bitparking PPCoin Exchange [closing]  (Read 19296 times)
doublec (OP)
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September 07, 2012, 10:00:01 AM
Last edit: April 05, 2013, 09:04:33 AM by doublec
 #1

See my message here for details on the closing of the exchange:
Quote
Recent events have shown that running an exchange is way to risky and stressful to me in the current alt coin climate. Prices have risen to a point where I'm not comfortable I can provide a reasonable level of service. To this end I'm closing the exchange and encourage all users to move to vircurex. The following details are on the exchange site:
Quote
2013-04-05: The Bitparking exchange is closing down. I've decided the risk involved in dealing with the current high prices for the alt coins has moved from the 'fun hobby' level the exchange originally started with and requires a more serious approach to operation. I've been in contact with the Vircurex exchange and I encourage all existing customers to move their funds and continue trading their.

The exchange will close trading Friday 5 April 2013 22:00 and new deposit addresses will not be able to be created. Trading operations will also be disabled. Withdrawals will be available for a few days after that at which point the exchange will close and all funds sent to their emergency withdrawal address. Withdrawal fees are removed during this period. Thanks for using the exchange and enjoy a better and more professional experience at Vircurex.
Tittiez
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September 07, 2012, 10:16:31 AM
 #2

Great job!
Zoiner
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September 07, 2012, 11:12:15 AM
 #3

Any chance of being able to add PPCoin to mergemining?

It would be better than having to use failover or rotate with cgminer.

https://vircurex.com/welcome/index?referral_id=648-281
The QR code in my picture is not me but a worthwhile software.
LWwhT53CdLsSaenoMy2AqhwsxL5MMFmwWY
doublec (OP)
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September 07, 2012, 11:39:18 AM
 #4

Any chance of being able to add PPCoin to mergemining?
It's not possible to merge mine PPCoin with bitcoin. The PPCoin designers did not add this functionality (by design) and making the changes to the coin would not be network compatible with existing PPCoin miners. A pool could probably merge mine PPCoin with the other alt coins (Namecoin, etc) if they added the appropriate patches to PPCoin though since this is generally network compatible.
Zoiner
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September 07, 2012, 11:44:52 AM
 #5

Shame, but thanks for the prompt reply!

https://vircurex.com/welcome/index?referral_id=648-281
The QR code in my picture is not me but a worthwhile software.
LWwhT53CdLsSaenoMy2AqhwsxL5MMFmwWY
Sunny King
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September 07, 2012, 01:53:31 PM
 #6

Congratulations to doublec and Bitparking  Smiley
kjlimo
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September 07, 2012, 05:40:49 PM
 #7

Congratulations to doublec and Bitparking  Smiley

and congrats to PPCoin!

Getting doublec behind you is one step towards success!

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
Rubberduckie
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September 07, 2012, 07:00:20 PM
 #8

Congratulations to doublec and Bitparking  Smiley

and congrats to PPCoin!

Getting doublec behind you is one step towards success!

+1 Smiley

smoothie
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September 07, 2012, 07:40:59 PM
 #9

Congratulations to doublec and Bitparking  Smiley

and congrats to PPCoin!

Getting doublec behind you is one step towards success!

Success = Pump and Dump....at this stage.

Haven't we seen this before?  Cheesy

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kjlimo
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September 07, 2012, 08:13:47 PM
 #10

Congratulations to doublec and Bitparking  Smiley

and congrats to PPCoin!

Getting doublec behind you is one step towards success!

Success = Pump and Dump....at this stage.

Haven't we seen this before?  Cheesy

true date.

over 100,000 volume so far.

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
Sunny King
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September 07, 2012, 09:04:21 PM
 #11

Hi doublec,
  Thanks a lot for the effort. If you plan to use checkpoint to confirm deposit as you mentioned earlier please let me know when you implement it. I will update you of any planned checkpoint policy change.
  Current checkpoint policy is on every proof-of-work block and up to 4 hours for consecutive proof-of-stake blocks. This policy is expected to last at least through 2nd month of ppcoin network.
  Central checkpoint is best effort as it may experience down time. Rule of thumb is block chain is solidified up to where you see with getcheckpoint RPC call.
  Best Regards,
Rubberduckie
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September 08, 2012, 09:57:18 PM
 #12

I recall doublec saying he wouldn't open another exchange for alternative cryptocurrencies unless of course he thought it would survive the long term. Great ppc exchange.


PPCoins are also being traded at http://exchange.zapto.org/ as well  Smiley

DannyM
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September 09, 2012, 02:52:01 AM
 #13

PPCoins are also being traded at http://exchange.zapto.org/ as well  Smiley

Thanks. Whose site is that? Is it yours?
Rubberduckie
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September 09, 2012, 03:05:55 AM
 #14

PPCoins are also being traded at http://exchange.zapto.org/ as well  Smiley

Thanks. Whose site is that? Is it yours?

It's Mugen's site, https://bitcointalk.org/index.php?action=profile;u=60505

one of the good guys Smiley

Vorksholk
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September 09, 2012, 06:03:01 PM
 #15

Awesome, 2 exchanges! Thanks OP!

VeriBlock: Securing The World's Blockchains Using Bitcoin
https://veriblock.org
Vorksholk
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September 14, 2012, 11:31:45 PM
 #16

Is the wallet of this and the pps pool the same? Just curious Smiley

VeriBlock: Securing The World's Blockchains Using Bitcoin
https://veriblock.org
doublec (OP)
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September 15, 2012, 12:42:56 AM
 #17

Is the wallet of this and the pps pool the same? Just curious Smiley
No they are on different servers and have different wallets.
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September 17, 2012, 08:01:18 AM
 #18

I'm trialing a PPCoin exchange at https://ppcexchange.bitparking.com. It works similar to my  namecoin and litecoin exchanges. If you register please include an emergency PPC and BTC withdrawal address when prompted so the exchange can refund coins if it needs to close.

The deposit addresses are permanent - they don't change and you can send to them multiple times - which is different from how my namecoin exchange operates.

What code are you running for your exchange? Is it open source in anyway?

more or less retired.
doublec (OP)
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September 17, 2012, 08:04:09 AM
 #19

What code are you running for your exchange? Is it open source in anyway?
It's custom code written by me in the Ur/Web programming language. It's not open source at this stage.
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September 19, 2012, 12:16:59 PM
 #20

I have sent BTC to my address How long does it take to clear the pending funds, i was hoping it was instant Huh

Bitcoin will show the world what hard money really is.
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