TradeHill - Who we are

[relmeas]

why isn't there USD withdrawal to LR? Will it be added?

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[Jered Kenna (TradeHill)]

Kidding aside, I don't know what an LCB is, and I'm curious

It's an inside joke for now. We need to keep a little to ourselves.
Don't feel bad, it will probably get leaked eventually.



About the Liberty Reserve:
We are treating it as it's own currency which should allow us to act as a simple and cheap Liberty Reserve exchanger as well. Additionally there is a huge opportunity to arb the LR market. If you want to cash out with LR I'd suggest selling btc for LR on our site and then cashing it out as LR. We've seen the market growing rapidly and it should be a lot more liquid soon.

[BitVapes]

Kidding aside, I don't know what an LCB is, and I'm curious

lebanese canadian bank?
line of constant bearing?

[billyjoeallen]

MtGox has reduced their commissions (at least temporarily) to 0.3%. Are you going to match that? How hungry are you?  You must be aware that you have to bring something extra to the table to compensate for your relatively tiny volume, right? 

[andes]

How hungry are you? 

Dosent seem very polite to me.   

[Jered Kenna (TradeHill)]

MtGox has reduced their commissions (at least temporarily) to 0.3%. Are you going to match that? How hungry are you?  You must be aware that you have to bring something extra to the table to compensate for your relatively tiny volume, right? 

We've got a few things lined up. I don't think we need a price war but I'm sure it will happen eventually.
There are a lot of ways to compete outside of price. There isn't a war between TradeHill and Mt Gox and I consider the competition pretty friendly. Besides people should be diversifying. Don't put all your money on Mt Gox or TradeHill, spread it around.

[billyjoeallen]

How hungry are you? 

Dosent seem very polite to me.   

Helping someone become more competitive is impolite?
I just deposited $500 in TH. I am assuming they prefer a rude customer to a polite non-customer.  
Also, I am still hoping for a Walmart money transfer option.  I'd rather pay the 8 bucks than wait two extra days for Dwolla.  

[Jered Kenna (TradeHill)]

How hungry are you? 

Dosent seem very polite to me.   

Helping someone become more competitive is impolite?
I just deposited $500 in TH. I am assuming they prefer a rude customer to a polite non-customer.  
Also, I am still hoping for a Walmart money transfer option.  I'd rather pay the 8 bucks than wait two extra days for Dwolla.  

At this point we prefer to offer less payment options and get them in and out smoothly and safely.
When it smooths out we will be offering more and more options.

If you really want to quickly and safely move funds a wire transfer may be the best option.
If it's a small amount it's not worth it due to the fees that your bank and our bank may charge.
We may be able to offer really cheap wire options soon though. We're working on it.

-Jered

[chuckypalumbo]

MtGox has reduced their commissions (at least temporarily) to 0.3%. Are you going to match that? How hungry are you?  You must be aware that you have to bring something extra to the table to compensate for your relatively tiny volume, right? 

We've got a few things lined up. I don't think we need a price war but I'm sure it will happen eventually.
There are a lot of ways to compete outside of price. There isn't a war between TradeHill and Mt Gox and I consider the competition pretty friendly. Besides people should be diversifying. Don't put all your money on Mt Gox or TradeHill, spread it around.

Thanks for being so responsive and taking the time to answer questions, and I'm sure as Tradehill grows the look and feel of the website will do so as well. I've had an account for a bit, but have yet to deposit funds. I'm going to wait and see what happens at Mt. Gox before doing that, but keep up the good work.

[chihlidog]

How hungry are you? 

Dosent seem very polite to me.   

Helping someone become more competitive is impolite?
I just deposited $500 in TH. I am assuming they prefer a rude customer to a polite non-customer.  
Also, I am still hoping for a Walmart money transfer option.  I'd rather pay the 8 bucks than wait two extra days for Dwolla.  

At this point we prefer to offer less payment options and get them in and out smoothly and safely.
When it smooths out we will be offering more and more options.

If you really want to quickly and safely move funds a wire transfer may be the best option.
If it's a small amount it's not worth it due to the fees that your bank and our bank may charge.
We may be able to offer really cheap wire options soon though. We're working on it.

-Jered

This is good to know. Id love to get trading with you guys, but the fees are definitely ewxcessive and as I have mentioned several times, quick trading is going to be essential for a flourishing market. Here's hoping you guys will lead the way in facilitating the liquidity.

[relmeas]

who would use LR exchange when there is 20% difference in the rates?  this is not a best idea.

once bitcoin7 takes off, no one from outside of US will go to TH for LR.

$45 worldwide wire transfer price is prohibitive for miners today since that's how much many want to withdraw in the first place.

[qualia8]

who would use LR exchange when there is 20% difference in the rates?  this is not a best idea.

once bitcoin7 takes off, no one from outside of US will go to TH for LR.

$45 worldwide wire transfer price is prohibitive for miners today since that's how much many want to withdraw in the first place.

does this explain why bitcoin7 has a consistently lower BTC price?  it's more attractive to miners, i.e., sellers?

[Tx2000]

Still waiting on the CAD currency options

[relmeas]

does this explain why bitcoin7 has a consistently lower BTC price?  it's more attractive to miners, i.e., sellers?

well i said "once it takes off". i think its too small now to consider.

people are still hoping MtGox will go back online, once (if/when/whatever) they realise this is not going to happen they'll move to bitcoin7. except for those who can use dwolla who will go to tradehill.

[Jered Kenna (TradeHill)]

Its one of our birthdays today.

We are working on Tradehill - couldn't be happier.

Cheers,
Tradehill

[Valhalla1]

*edit, nevermind, carry on

[beeph]

ok so yer based in chile... wonderful.. and obviously no stranger to spam and lots of annoying sigs in forums..

how long til we get a real exchange that isnt goxian or spamhill/ banana republicBux?  Cant we get some freaking americans on this job?  Playtimes over...

<Shudders to think what extradition treaty loopholes motivated all these guys to move down there>

[angelo95]

ok so yer based in chile... wonderful.. and obviously no stranger to spam and lots of annoying sigs in forums..

how long til we get a real exchange that isnt goxian or spamhill/ banana republicBux?  Cant we get some freaking americans on this job?  Playtimes over...

<Shudders to think what extradition treaty loopholes motivated all these guys to move down there>

Just think twice before posting. You obviously have no idea with legal issues raised by Bitcoin. For tax purposes it is much better to get accounts abroad.

[FlipPro]

The MTGOX and TRADEHILL KILLER .

http://campbx.com/

Based out of Atlanta , Georgia , USA.  

[tysat]

The MTGOX and TRADEHILL KILLER .

http://campbx.com/

Based out of Atlanta , Georgia , USA.  

With absolutely zero information at the link you sent?

Thanks!