Bitcoinica is now the second largest Bitcoin Trading Platform

[zhoutong]

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

[1714166440]

1714166440

[1714166440]

1714166440

[1714166440]

1714166440

[1714166440]

1714166440

[Maria]

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

Not Good.

Maria.

[zhoutong]

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!

[Maria]

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

Maria.

[zhoutong]

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.

[Maria]

246 USD = 41.9 BTC

1DutmaFU4hR3Rzum5P5Jn4Wf4KVZFW5ZR1

[WiseOldOwl]

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

[zhoutong]

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!

[zhoutong]

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.

[Jonathan Ryan Owens]

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

[fently]

Interesting strategy. The spread becomes the fee, and it's a *very* generous spread to boot!

[zhoutong]

246 USD = 41.9 BTC

1DutmaFU4hR3Rzum5P5Jn4Wf4KVZFW5ZR1

Sorry for the delay.

bitcoin transaction: 7b9a238898fc79198eeb0becba6200a2a37232d4733540b4514c5c89b1bf51ba

Thank you for your business!

[ptshamrock]

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


I just don?t want to use gox ..

[toffoo]

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.

[ElectricMucus]

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 

[zhoutong]

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.

[Maria]

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.

[lemonginger]

Caveat Emptor

http://news.ycombinator.com/item?id=2973301

[phantomcircuit]

People should take those numbers with a grain of salt.

They have ~550 users as of writing this.

[zhoutong]

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.

[stsbrad]

I hate to say it but once again are people trusting their money with a service that came out of the blue three days ago? when will people ever learn. I'm not saying you are up to no good running this but there has been way too much fraud already. if people are trading money through someone who is 17 I see serious concerns. do you even have an llc or corporation setup? does anyone know your name and can verify your identity? I just can't grasp it.

[zhoutong]

I hate to say it but once again are people trusting their money with a service that came out of the blue three days ago? when will people ever learn. I'm not saying you are up to no good running this but there has been way too much fraud already. if people are trading money through someone who is 17 I see serious concerns. do you even have an llc or corporation setup? does anyone know your name and can verify your identity? I just can't grasp it.

If you want to identify all these, you can easily find out.

But unfortunately you didn't want to do so.

Bitcoinica was under xWaylab Inc. My name is Zhou Tong. I have submitted my passport and bank statement to Mt. Gox and waiting for their approval.

You can search topics about Bitcoinica on this forum. I have posted a lot of background information here and there.

If you really want to know, you can easily find out. We don't want to show testimonials. But established forum members have also shared their recommendation.

Lastly, every project has its start. If no people are trusting ANY new service because of fraud, there won't be any new service around.

I greatly appreciate everyone's trust, and I show my appreciation by developing the best product and providing the best service.

[Maria]

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.

This is proof that My account with bitcoinica is active since the beginning.

[zhoutong]

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.

This is proof that My account with bitcoinica is active since the beginning.

What's your username and email?

[Maria]

Same as always.

6325 + 9449 = 15,774 BTC

Current Mtgox Price is 5.60

USD 53,244  = 9449 BTC




Send My Money To: 1HJc5VLMpFCQJg2maP9wGuCo3NAgwaCJQj

Maria.

[zhoutong]

Same as always.

You've never sent an email to us. How do I know who are you?

Your forum account could be hacked.

Please send the same BTC address to verify@bitcoinica.com using your email registered with Bitcoinica. Thanks!