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Author Topic: VirtEx in Canada is down  (Read 1819 times)
ArticMine
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May 30, 2012, 11:05:25 PM
 #1

The Canadian Exchange VirtEx. https://www.cavirtex.com/ is down. Also when I try to reach them by phone there is only voice mail. Does anyone know what is happening?

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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May 30, 2012, 11:29:02 PM
 #2

http://www.youtube.com/watch?v=IguAgCLShOY

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May 30, 2012, 11:30:30 PM
 #3

Anyways.. on a serious note.. I pray nothing has become of them.. hacks or anything..

But they have been known to have small hiccups here and there.. and have always come back..


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May 30, 2012, 11:31:44 PM
 #4

#bitcoin-cad doesn't know
cavirtex twitter not updated since last yr
no other status page

noo
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May 30, 2012, 11:45:17 PM
 #5

Anyways.. on a serious note.. I pray nothing has become of them.. hacks or anything..

But they have been known to have small hiccups here and there.. and have always come back..



Yes. This is very true.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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May 31, 2012, 12:07:54 AM
 #6

VirtEx just came back up

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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May 31, 2012, 12:10:50 AM
 #7

VirtEx just came back up

Awesome, thanks for sharing Smiley

All good here.


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May 31, 2012, 03:52:57 PM
 #8

Anyways.. on a serious note.. I pray nothing has become of them.. hacks or anything..

But they have been known to have small hiccups here and there.. and have always come back..



Yes. This is very true.

Very, very true.  Not a 100% uptime, but I never had to wait for more than ~10 minutes for them to come back online. Also, for those who complain about lack of updates etc. - consider the trading volume and the trading fee they charge, then consider all the technical and administrative costs, legal fees, and losses due to scams: I am grateful to all the people who run exchanges at this early stage of Bitcoin. Like it or not, except for two or three biggest exchanges, these ARE hobbies, and hobbies that are run at a loss most likely.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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May 31, 2012, 04:08:31 PM
 #9

Anyways.. on a serious note.. I pray nothing has become of them.. hacks or anything..

But they have been known to have small hiccups here and there.. and have always come back..



Yes. This is very true.

Very, very true.  Not a 100% uptime, but I never had to wait for more than ~10 minutes for them to come back online. Also, for those who complain about lack of updates etc. - consider the trading volume and the trading fee they charge, then consider all the technical and administrative costs, legal fees, and losses due to scams: I am grateful to all the people who run exchanges at this early stage of Bitcoin. Like it or not, except for two or three biggest exchanges, these ARE hobbies, and hobbies that are run at a loss most likely.


Virtex running at a loss.. 

HIGHLY unlikely...


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May 31, 2012, 04:19:44 PM
 #10

Its down for me as well.

In the interest of sharing all info I have on them:

Joseph David
Sales & Service
Canada's First Bitcoin Exchange
Toll Free Direct: (888) 812 2525
virtex2011@gmail.com

I dont know if thats his real name or whatever, but thats what I got.

-Charlie

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
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May 31, 2012, 04:25:18 PM
 #11

I just logged in. whew.

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May 31, 2012, 04:33:10 PM
 #12

I have never seen it down, at least not recently, and I have the order book opened all the time while I am working on the computer and refresh it often throughout the day.

But what I would like to know is... who is that Mr. 2.54
filling up the order book and making it less useful with garbage like this:

May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD

 Angry

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May 31, 2012, 04:41:11 PM
 #13

It is up for me now. I just managed to l my log into my account without any problems. It was down for over an hour yesterday; however the site came back, the deposit was approved and I managed to complete all my trades yesterday with no problems. I also did get through and they promptly did resolve the problem with the delay in approving my deposit earlier in the day.

I would not consider it a "money loosing hobby" or a "highly profitable business" It is more like a small part time business getting off the ground and close to breaking even.

I do agree it is hard to complain. In the future it is likely that these small glitches will be fixed the site will be up 24/7; however the cost to purchase a BTC can also be a lot lot higher.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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May 31, 2012, 04:48:28 PM
 #14

I have never seen it down, at least not recently, and I have the order book opened all the time while I am working on the computer and refresh it often throughout the day.

But what I would like to know is... who is that Mr. 2.54
filling up the order book and making it less useful with garbage like this:

May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD

 Angry

Don't tempt me 5.200 CAD = 5.025 USD. Now what was the MtGox price again?

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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May 31, 2012, 04:58:01 PM
 #15

Don't tempt me 5.200 CAD = 5.025 USD. Now what was the MtGox price again?

Ya, if only there was a quick and inexpensive way of getting the money back out of MtGox again
to continue the cycle... I would be doing a lot more of that. 

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May 31, 2012, 05:40:10 PM
 #16

I have never seen it down, at least not recently, and I have the order book opened all the time while I am working on the computer and refresh it often throughout the day.

But what I would like to know is... who is that Mr. 2.54
filling up the order book and making it less useful with garbage like this:

May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD

 Angry

Yes that guy is a goof, he actually thinks it puts people in the dark.

I encourage you to use this link to find his top major bid, and slide your bid under it.

http://bitcoincharts.com/markets/virtexCAD_depth.html

In this case douchebag is 500 coins at 5.22..   so slide it under... Smiley

2.54 is a moron...

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May 31, 2012, 05:44:35 PM
 #17

Its down for me as well.

In the interest of sharing all info I have on them:

Joseph David
Sales & Service
Canada's First Bitcoin Exchange
Toll Free Direct: (888) 812 2525
virtex2011@gmail.com

I dont know if thats his real name or whatever, but thats what I got.

-Charlie

btw, thanks Yankee.. 

Your always a great help

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May 31, 2012, 07:25:16 PM
 #18


Ya, if only there was a quick and inexpensive way of getting the money back out of MtGox again
to continue the cycle... I would be doing a lot more of that.  

What we have here is a modern variant of the "Gold Shipping Points" applicable to foreign exchange in the days of the gold standard. The exchange of the dollar to the pound would fluctuate by how much it cost to ship and insure gold from New York to London or vice versa. http://chestofbooks.com/finance/economics/Principles/Sec-II-Theory-Of-Foreign-Exchanges-Of-Money.html Now 100 years later we have Bitcoin trading at different rates in different parts of the world between the fiat "conversion and shipping points". Namely how much does it cost to convert say 2000 USD to CAD, insuring the CAD / USD currency risk, and sending said funds form Japan to Canada.

The more things change the more they stay the same.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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May 31, 2012, 07:29:58 PM
 #19

I have never seen it down, at least not recently, and I have the order book opened all the time while I am working on the computer and refresh it often throughout the day.

But what I would like to know is... who is that Mr. 2.54
filling up the order book and making it less useful with garbage like this:

May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD

 Angry

Yes that guy is a goof, he actually thinks it puts people in the dark.

I encourage you to use this link to find his top major bid, and slide your bid under it.

http://bitcoincharts.com/markets/virtexCAD_depth.html

Thanks for reminding me about that. I will have to make sure to use it more often.


And about the owners/managers of Virtex; they used to hang out at #bitcoin-cad
using the handles of Grady2000 and virtex I believe. It's been a while since I've logged
in there so I am not sure how it is now. Back then I remember people saying how easy
it was to just pick up the phone and talk to Grady2000 if there were any concerns.  
I have never had to wait long for replies to any email I sent their way. Hell, they
are even close enough to me that I could probably drive to Calgary and talk to them
in person.  

Hmm, they should do something for the Calgary Stampede week this year. A free pancake breakfast or something.
It's the 100 year celebration of the Greatest Outdoor Show on Earth this year, July 6-15.


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June 02, 2012, 12:59:01 AM
 #20

I have never seen it down, at least not recently, and I have the order book opened all the time while I am working on the computer and refresh it often throughout the day.

But what I would like to know is... who is that Mr. 2.54
filling up the order book and making it less useful with garbage like this:

May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD
May 29, 2012, 10:08 p.m.    2.54/2.54    5.20000    13.21 CAD

 Angry

Yes that guy is a goof, he actually thinks it puts people in the dark.

I encourage you to use this link to find his top major bid, and slide your bid under it.

http://bitcoincharts.com/markets/virtexCAD_depth.html

In this case douchebag is 500 coins at 5.22..   so slide it under... Smiley

2.54 is a moron...


You mean (s)he floods the order book so orders of others are not visible via cavirtex site?

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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