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Author Topic: VIRCUREX  (Read 64688 times)
jl2012
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January 15, 2013, 04:34:38 PM
 #41

Fees reduced down to 1 NMC / 1 LTC respectively.

I had raised the fees due to the considerable amount of extra efforts required to repeatedly maintain those NMC and LTC wallets. People are depositing tons of little amounts (often smaller than 0.0001 LTC or NMC). This leads to the problem that the wallet often needs manual follow up because the wallet is too defragmented and cannot generate the withdrawal.


In this case, I seriously suggest you to impose a deposit fee of 0.0001LTC/NMC

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January 15, 2013, 04:38:37 PM
 #42

Fees reduced down to 1 NMC / 1 LTC respectively.

I had raised the fees due to the considerable amount of extra efforts required to repeatedly maintain those NMC and LTC wallets. People are depositing tons of little amounts (often smaller than 0.0001 LTC or NMC). This leads to the problem that the wallet often needs manual follow up because the wallet is too defragmented and cannot generate the withdrawal.


In this case, I seriously suggest you to impose a deposit fee of 0.0001LTC/NMC
A fee of $0.00006?  So it takes 166 transactions to make a penny?  That would be worth it... how, exactly?

I agree with a deposit AND withdrawal fee (perhaps 0.5 both ways), but 0.0001 would just be pointless.
jl2012
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January 15, 2013, 04:43:47 PM
 #43

Fees reduced down to 1 NMC / 1 LTC respectively.

I had raised the fees due to the considerable amount of extra efforts required to repeatedly maintain those NMC and LTC wallets. People are depositing tons of little amounts (often smaller than 0.0001 LTC or NMC). This leads to the problem that the wallet often needs manual follow up because the wallet is too defragmented and cannot generate the withdrawal.


In this case, I seriously suggest you to impose a deposit fee of 0.0001LTC/NMC
A fee of $0.00006?  So it takes 166 transactions to make a penny?  That would be worth it... how, exactly?

I agree with a deposit AND withdrawal fee (perhaps 0.5 both ways), but 0.0001 would just be pointless.

Since Kumala is complaining about sub-0.0001LTC deposit, a deposit fee of 0.0001LTC should be enough to stop these spam activities without affecting "honest" users.

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Atruk
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January 15, 2013, 05:34:19 PM
 #44

Fees reduced down to 1 NMC / 1 LTC respectively.

I had raised the fees due to the considerable amount of extra efforts required to repeatedly maintain those NMC and LTC wallets. People are depositing tons of little amounts (often smaller than 0.0001 LTC or NMC). This leads to the problem that the wallet often needs manual follow up because the wallet is too defragmented and cannot generate the withdrawal.


In this case, I seriously suggest you to impose a deposit fee of 0.0001LTC/NMC
A fee of $0.00006?  So it takes 166 transactions to make a penny?  That would be worth it... how, exactly?

I agree with a deposit AND withdrawal fee (perhaps 0.5 both ways), but 0.0001 would just be pointless.

Since Kumala is complaining about sub-0.0001LTC deposit, a deposit fee of 0.0001LTC should be enough to stop these spam activities without affecting "honest" users.

The problem with that is generally exchanges don't charge deposit fees.

Registration fees? Sometimes.
Withdrawal fees? Pretty standard.
Transaction fees? Also rather standard.
Deposit fees? OMGWTFBBQ

Deposit fees tend to chase money away from an exchange, they present a barrier to entry. A withdrawal fee though encourages continued trading, you want to get the most out of the withdrawal fee you can, so you keep trading.

danieldaniel
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January 20, 2013, 01:35:25 AM
 #45

The problem with that is generally exchanges don't charge deposit fees.

Registration fees? Sometimes.
Withdrawal fees? Pretty standard.
Transaction fees? Also rather standard.
Deposit fees? OMGWTFBBQ

Deposit fees tend to chase money away from an exchange, they present a barrier to entry. A withdrawal fee though encourages continued trading, you want to get the most out of the withdrawal fee you can, so you keep trading.

Yeah, I wouldn't ever use an exchange with a deposit fee, as I might as well use one of the competitors for free!

Make a minimum deposit, then.  That would fix your problem.  Maybe .001 or .01 ltc?

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January 22, 2013, 06:25:03 AM
 #46

Wow,

I noticed the wallet announcements, but didn't even notice a disruption in my service.  Perhaps I should be more careful, haha.

Keep up the awesome Kumuala!

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.
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January 23, 2013, 06:09:20 AM
 #47

why down?

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January 23, 2013, 06:16:00 AM
 #48

why down?


+1

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Atruk
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January 30, 2013, 10:19:14 PM
 #49

There is one improvement I'd like to see to the way the site operates.

When BTC gets withdrawn and I pay the 0.01 fee to do so, could you pretty please put 1/10th or 1/20th of that towards the optional transaction fee when the transaction should already be high priority.

This has only been a problem for me a few times, but it always seems to pop up when I would like to use the coins I'm withdrawing right away. Then I see new block after new block pass by with the transaction still unconfirmed. It's painful because all of those Satoshi Dice transactions I see flying by on Blockchain.info are probably getting confirmed, because even though they don't meet the network requirements to be high priority they do include fees.

420
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January 30, 2013, 10:25:40 PM
 #50

There is one improvement I'd like to see to the way the site operates.

When BTC gets withdrawn and I pay the 0.01 fee to do so, could you pretty please put 1/10th or 1/20th of that towards the optional transaction fee when the transaction should already be high priority.

This has only been a problem for me a few times, but it always seems to pop up when I would like to use the coins I'm withdrawing right away. Then I see new block after new block pass by with the transaction still unconfirmed. It's painful because all of those Satoshi Dice transactions I see flying by on Blockchain.info are probably getting confirmed, because even though they don't meet the network requirements to be high priority they do include fees.

whats the high priority network requirements?

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Atruk
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January 31, 2013, 01:29:02 AM
 #51

There is one improvement I'd like to see to the way the site operates.

When BTC gets withdrawn and I pay the 0.01 fee to do so, could you pretty please put 1/10th or 1/20th of that towards the optional transaction fee when the transaction should already be high priority.

This has only been a problem for me a few times, but it always seems to pop up when I would like to use the coins I'm withdrawing right away. Then I see new block after new block pass by with the transaction still unconfirmed. It's painful because all of those Satoshi Dice transactions I see flying by on Blockchain.info are probably getting confirmed, because even though they don't meet the network requirements to be high priority they do include fees.

whats the high priority network requirements?

Aged coins and size of inputs and outputs. A day old value of 1BTC or more is generally golden, the technical section of this page covers the formula for determining priority: https://en.bitcoin.it/wiki/Transaction_fees

Lately I've noticed though that less mining pools are taking these free transactions though, and it matters very little what the reference bitcoin client says when pools are strongly preferring transactions which include "optional" fees.

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April 03, 2013, 01:43:04 AM
 #52

What's the current status?  Is it safe to use again now?

If all the sovereign non-cryptocurrencies will eventually collapse from hyperinflation, you can't afford *not* to invest in Bitcoin...  See my blog at http://minetopics.blogspot.com/ .

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Kumala (OP)
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April 03, 2013, 02:23:45 AM
 #53

Vircurex is fully functional, you can check the trading volume on the home page of https://vircurex.com

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April 05, 2013, 04:30:33 PM
 #54

what's going on now? the site's getting ddos'd?
Kumala (OP)
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April 05, 2013, 04:48:48 PM
 #55

All discussion are going on in this thread:
https://bitcointalk.org/index.php?topic=49383.100

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July 28, 2017, 07:24:33 AM
 #56

hello..

what is about vircurex and BCC and the frocen amount of BTC?
Will this speed up the refund.



i know i don't get an answer but maybe somebody also interested

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fronti
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October 29, 2018, 10:18:29 AM
 #57

and now, this exchange is down completely now?
with all frozen founds ..

and nobody cares.

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November 17, 2018, 02:57:46 AM
 #58

I'm getting a 502 on vircurex.com now. I think it's gone.
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