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Author Topic: Bitcoinica is now the second largest Bitcoin Trading Platform  (Read 6773 times)
zhoutong
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September 11, 2011, 03:42:15 PM
 #1

In the past 24 hours:

Mt. Gox - 126,170.02 BTC
TradeHill - 6,020.16 BTC
Bitcoinica - 15,397.57 BTC


Thank you for your active support!

https://www.bitcoinica.com/

Edit: Updated with new data

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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September 11, 2011, 03:46:14 PM
 #2



You service is great, however, I am trying to withdrawal 246.00 USD and I am getting an Error.

Not Good.

Maria.


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

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zhoutong
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September 11, 2011, 03:48:09 PM
 #3



You service is great, however, I am trying to withdrawal 246.00 USD and I am getting an Error.

Not Good.

Maria.

Hi, sorry for that. We have run out of our withdrawal limit at Mt. Gox.

I will contact them personally soon. We do have huge reserves to cover this withdrawal. So don't worry!

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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September 11, 2011, 03:51:54 PM
 #4



I do worry sir. I need my money NOW. Send me BTC instead please.

Maria.


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

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zhoutong
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September 11, 2011, 04:16:09 PM
 #5



I do worry sir. I need my money NOW. Send me BTC instead please.

Maria.

How many BTC do you need? I will subtract from your long position since you have one currently. You can give me your Bitcoin Wallet address or I can send you a Mt. Gox code via email.

So that it's fair to us.

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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September 11, 2011, 04:45:57 PM
 #6

246 USD = 41.9 BTC

1DutmaFU4hR3Rzum5P5Jn4Wf4KVZFW5ZR1


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

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September 11, 2011, 04:58:04 PM
 #7

If you are relying on withdrawing in mtgox $, you might have a little problem...Even after you up the limit...
Just a heads up.
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September 11, 2011, 05:00:43 PM
 #8

If you can't cover a $246.00 withdrawal, why would I want to use your service?

Hi,

I think I need to explain a little bit here. We have more than several thousands of dollars combined in all accounts, but currently we have run out of withdrawal limit.

Bitcoinica was launched only 3 days ago so we need some time to get into contact with Mt. Gox to lift the limit.

If you urgently need funds, we're glad to provide BTC withdrawals anytime. Just email me!

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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September 11, 2011, 05:03:24 PM
 #9

If you are relying on withdrawing in mtgox $, you might have a little problem...Even after you up the limit...
Just a heads up.

We support Mt. Gox and Wire at the same time.

TradeHill has also contacted us. We will support Bitcoinica-TradeHill deposit/withdrawal soon.

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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September 11, 2011, 05:14:45 PM
 #10

If you are relying on withdrawing in mtgox $, you might have a little problem...Even after you up the limit...
Just a heads up.

We support Mt. Gox and Wire at the same time.

TradeHill has also contacted us. We will support Bitcoinica-TradeHill deposit/withdrawal soon.

Get in touch with Bitinstant!

-Jonathan

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September 11, 2011, 06:00:14 PM
 #11

Interesting strategy. The spread becomes the fee, and it's a *very* generous spread to boot!
zhoutong
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September 11, 2011, 06:13:48 PM
 #12

246 USD = 41.9 BTC

1DutmaFU4hR3Rzum5P5Jn4Wf4KVZFW5ZR1

Sorry for the delay.

bitcoin transaction: 7b9a238898fc79198eeb0becba6200a2a37232d4733540b4514c5c89b1bf51ba

Thank you for your business!

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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September 11, 2011, 06:38:24 PM
 #13

Isn`t there a way to instantly deposit & withdraw via Bitcoin adresss?


I just don?t want to use gox ..

"Money needs to be depoliticized, and the time has come for the separation of money and state to be accomplished."
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September 11, 2011, 07:12:43 PM
 #14

In the past 24 hours:

Mt. Gox - 75,199.76 BTC
TradeHill - 5,314.95 BTC
Bitcoinica - 5,437.35 BTC


Is there currently any way to see your exchange volume on your site or elsewhere?
Thanks.

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September 11, 2011, 07:41:09 PM
 #15

This is the most retarded thing I've ever seen. Emulating the fiat money market, naked shorting... and you think you people still heave it together. But the most fun thing from this is that the best way to profit from it is not participating in it  Cheesy
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September 11, 2011, 07:42:22 PM
 #16

In the past 24 hours:

Mt. Gox - 75,199.76 BTC
TradeHill - 5,314.95 BTC
Bitcoinica - 5,437.35 BTC


Is there currently any way to see your exchange volume on your site or elsewhere?
Thanks.

Not yet. We started only a few days ago and since we are taking a forex approach - volume and order book are not important, we don't disclose the numbers publicly.

However, we will make this available on both our web interface and API in order to be transparent. It may take about a week to make this possible.

Thank you for your support!

P.S. Since 24 hours ago to now, we have traded almost 10,000 BTC now.


Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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September 11, 2011, 07:59:54 PM
 #17

246 USD = 41.9 BTC

1DutmaFU4hR3Rzum5P5Jn4Wf4KVZFW5ZR1

Sorry for the delay.

bitcoin transaction: 7b9a238898fc79198eeb0becba6200a2a37232d4733540b4514c5c89b1bf51ba

Thank you for your business!

Thank You and keep on the good work! Cheers!

Maria.


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
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lemonginger
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September 12, 2011, 12:36:39 AM
 #18

Caveat Emptor

http://news.ycombinator.com/item?id=2973301
phantomcircuit
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September 12, 2011, 01:17:31 PM
 #19

People should take those numbers with a grain of salt.

They have ~550 users as of writing this.
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September 12, 2011, 02:23:55 PM
 #20

People should take those numbers with a grain of salt.

They have ~550 users as of writing this.

Yes, that's true. But if you consider the margin trading (1:5), short selling and frequent day trading?

Basically you can deposit $1,500 and then long or short 1,000 BTC, and do that several times a day.

That's why the volume is so large.

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
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