[ANN] Pmtocoins.com new exchange [Update 28/03]

[Winky]

I´m waiting for my withdrawal since last week, and it would be nice if could get my BTC soon.

Here are the details:

Name: Ikolawe
Amount: 0.21899508 BTC
Address: 1NfGNHvqdBisnW9jcLiAFwuo25MzgRcswZ

Thanks!

[hoju2k]

So, when we are gonna receive our total BTC?. You said that wasn't gonna take weeks, but hours... well it's almost a week in my case.

[Shahrukh]

So, when we are gonna receive our total BTC?. You said that wasn't gonna take weeks, but hours... well it's almost a week in my case.

At that time only few BTC cases popped up and now its more than a block. Refunded btc into respective accounts so that it can be used to buy altcoins. I am more concerned about this than the users are

[Shahrukh]

Please see post number one for a detailed information

[almightyruler]

All of the markets I've looked at so far have sell prices well above the rates on other exchanges. In addition, there's very little volume, so any decent sized amount of BTC (0.1+) will require multiple orders to be filled at even higher rates. You are basically asking us to take a loss by buying altcoins. I want 100% of my BTC, not 40% once I buy an altcoin and convert back elsewhere.

Also, what happens once those orders are executed? My BTC goes to the seller's account, so don't you have exactly the same issue with the lack of BTC to offer for withdrawal? The only way it would work is if it's your own inventory you're selling off at inflated rates.

[familiaverde]

this is the 2nd time i found my withdraw canceled ... and im waiting for 8 days now to recive my funds ... lets make a deal ... list Eccoin on your exchange and i will buy them with my btc and i will withdraw Eccoin becouse i cant find another good coin to buy ... Thanks

[almightyruler]

Here's an example of how overpriced the altcoins are when buying.

Convert 2.0 BTC to LTC

1. Sell 0.00000047 BTC for 0.00001333 LTC (price 0.03500000)
2. Sell 0.10000000 BTC for 1.0 LTC (price 0.10000000)
3. Sell 0.50000000 BTC for 0.50000000 LTC (price 1.00000000)
3. Sell 0.99999953 BTC for 0.499999765 LTC (price 2.00000000)  (yes... it costs 2 BTC to buy 1 LTC!!)

On pmtocoins, 2.0 BTC = 2.000013095 LTC

On Vircurex, 2.0 BTC = 77.40051458 LTC
On Cryptsy, 2.0 BTC = 77.59941812 LTC
On BTC-E, 2.0 BTC = 77.54467754 LTC

So to "withdraw" your 2.0 BTC via conversion to LTC on pmtcoins, then conversion back to BTC on another exchange, will net you about 0.05 BTC. That's only 2.5% of your original balance, a loss of 97.5%

[CryptoPiggy]

Here's an example of how overpriced the altcoins are when buying.

Convert 2.0 BTC to LTC

1. Sell 0.00000047 BTC for 0.00001333 LTC (price 0.03500000)
2. Sell 0.10000000 BTC for 1.0 LTC (price 0.10000000)
3. Sell 0.50000000 BTC for 0.50000000 LTC (price 1.00000000)
3. Sell 0.99999953 BTC for 0.499999765 LTC (price 2.00000000)  (yes... it costs 2 BTC to buy 1 LTC!!)

On pmtocoins, 2.0 BTC = 2.000013095 LTC

On Vircurex, 2.0 BTC = 77.40051458 LTC
On Cryptsy, 2.0 BTC = 77.59941812 LTC
On BTC-E, 2.0 BTC = 77.54467754 LTC

So to "withdraw" your 2.0 BTC via conversion to LTC on pmtcoins, then conversion back to BTC on another exchange, will net you about 0.05 BTC. That's only 2.5% of your original balance, a loss of 97.5%

That's an excellent deal, I don't know what you're bitching about! 

[LizardWizard]

http://blockr.io/zerotx/info/79b83f71907d8270b06542256bbc0da8fc8a3a43d5f096c9c0832a2dd3e98550

just got 0.15BTC out, just go onto the freenode irc, admin responds really quick

[Zebedee23]

just to let people know i just withdrew a sizeable amount of meow and doge with no problems. I think the owner is on the case and trying to rectify the situation.

[LizardWizard]

well everything is working exept btc withdraws
just a little low on volume but thats nothing some traders couldnt fix

also you should read the first post and the update if you dont already have

[felixme]

Got 0.01975665 BTC out, https://blockchain.info/de/tx/72e2864c7b8ee11f3bfabbe78a8fddb14b8ff4e99db28a344f283e544e90c339,
thanks admin .
Went on IRC too.

[m0rf3u5]

I've withdrawn other non-BTC currencies successfully

[plaidone]

Successfully withdrew 0.37802249 BTC today.  Tx ID: https://blockchain.info/tx/24fdcc464c34d1b269b19f94b0d0db4d5078badb8577dbfb2e4470f5278827b6

If you're having trouble, just go on IRC to #pmtocoins.  It might still take a while to get it sorted out, but honestly, he's trying.  Also, per his recent request on IRC, don't withdraw more than 0.5 BTC at one time at the moment.

[familiaverde]

Recieved 0.5 btc .... thx a lot ... resolved the problem on irc freenode #pmtocoins

[wcgfox]

Successfully withdrew 0.4 BTC today.
https://blockchain.info/tx/3160cada1f02c2ec6e4ce0bf0a0f3de4ec1feabbfd3f8b23ddf8a8837219fbac
thanks admin. 

[boxuser]

Successfully withdrew

its slow but working to withdraw the exchange owner seems to do it manually as much as i understand to avoid another mishap, so not a scam in my book

[CreditsCrd]

Successfully withdrew 0.1x atm , have another 0.1x pending OP is doing payments manually.

[luke997]

I can't withdraw for 5 days now. Cancelled, then message "withdrawals disabled", then "couple more hours", now still pending.

I've raised ticket, tweeted, nothing. This is not good.

[ambiorx]

Go to http://webchat.freenode.net/?channels=#pmtocoins

The site admin spends a lot of time there. You can ask him to get some things done for you if he's online.


Just got 0.1 BTC withdrawal by negotiating


He's in the process of reorganizing things on his exchange. Give him some credit...