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Author Topic: BitFloor.com Rocks!  (Read 17512 times)
EuSouBitcoin (OP)
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June 27, 2012, 09:52:16 PM
 #141

BitFloor recently passed CryptoXChange to move from #7 to #6 on the 30-day BTC/USD volume list at bitcoincharts.com. Congratulations BitFloor. Keep on Rockin'!

You can't win if you don't play. But you can't play if you lose all your chips. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
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BoardGameCoin
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June 28, 2012, 02:47:17 AM
 #142

Down? Any news as to why?

-bgc

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
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June 28, 2012, 02:48:17 AM
 #143

Down? Any news as to why?

-bgc
I'm able to access the website, are you having some difficulty?

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June 28, 2012, 02:49:53 AM
Last edit: June 29, 2012, 01:03:10 AM by BoardGameCoin
 #144

I was, but its back up. Must have been intermittent. I did check downforeveryoneorjustforme before posting though.

-bgc

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
wogaut
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June 29, 2012, 01:01:40 AM
 #145

Looks like ING P2P does not work for $ withdrawals from Bitfloor; is this correct or did I miss something?




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June 29, 2012, 01:18:33 AM
 #146

Looks like ING P2P does not work for $ withdrawals from Bitfloor; is this correct or did I miss something?

That is correct. We only offer ACH withdraws.
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June 29, 2012, 01:20:35 AM
 #147

Just wanted to say that BitFloor.com worked out really well.  Transferred via PopMoney, and was able to buy up some BTC with no stress.

Thanks, I will be using this again.
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June 29, 2012, 03:11:57 PM
 #148

I just wish you would open an account at US Bank, I have no Chase banks in my state even   Angry

I do have a US Bank right across the street from my office though.  For small purchases it is easier to WU money to people in -OTC and pay the ~%8 fee, just for convenience.


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June 29, 2012, 04:03:13 PM
 #149

BitFloor has such low volume though.  If I wanted to cash out 1000 BTC, I'd be SOL.

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June 29, 2012, 04:06:01 PM
 #150

BitFloor has such low volume though.  If I wanted to cash out 1000 BTC, I'd be SOL.
You'd just have to put up a wall and wait a day or two for people to sell in to it.
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June 29, 2012, 04:08:45 PM
 #151

BitFloor has such low volume though.  If I wanted to cash out 1000 BTC, I'd be SOL.

What happens when you sell the BTC and then can't actually get your USD Wink Might as well not have sold in the first place.
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June 29, 2012, 04:11:43 PM
 #152

BitFloor has such low volume though.  If I wanted to cash out 1000 BTC, I'd be SOL.

What happens when you sell the BTC and then can't actually get your USD Wink Might as well not have sold in the first place.

That's funny because there's another exchange that... heyyy wait a minute!  You crafty slickster of the English language, you!

Recommended Exchanges: Binance.com | CelsiusNetwork
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June 29, 2012, 06:04:40 PM
 #153

That's funny because there's another exchange that... heyyy wait a minute!  You crafty slickster of the English language, you!

There are other sketchy businesses called RBS, and NatWest, and Banque Postale, and Societe Generale... I lost count. People can't get their fiat there either...
EuSouBitcoin (OP)
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June 29, 2012, 08:54:53 PM
 #154

BitFloor recently passed BTCex to move from #6 to #5 on the 30-day BTC/USD volume list at bitcoincharts.com. BitFloor volume for the past 30 days is over 23,000 BTC. Congratulations BitFloor! Keep on Rockin'!

You can't win if you don't play. But you can't play if you lose all your chips. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
shtylman
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June 29, 2012, 08:55:39 PM
 #155

BitFloor recently passed BTCex to move from #6 to #5 on the 30-day BTC/USD volume list at bitcoincharts.com. BitFloor volume for the past 30 days is over 23,000 BTC. Congratulations BitFloor! Keep on Rockin'!

Yay Smiley
EuSouBitcoin (OP)
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July 30, 2012, 03:30:36 PM
 #156

BitFloor recently passed Camp BX to move from #5 to #4 on the 30-day BTC/USD volume list at bitcoincharts.com. BitFloor volume for the past 30 days is over 40,000 BTC. Congratulations BitFloor! Keep on Rockin'!

You can't win if you don't play. But you can't play if you lose all your chips. First I found bitcoin (BTC). Then I found something better, Monero (XMR). See GetMonero.org
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July 31, 2012, 12:02:12 AM
 #157

Would also love to see the ability to redeem MtGox codes but I doubt that will happen.
I really hope that doesn't happen.

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July 31, 2012, 12:44:21 AM
 #158

Would also love to see the ability to redeem MtGox codes but I doubt that will happen.
I really hope that doesn't happen.



Out of curiosity, why not?
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July 31, 2012, 12:47:48 AM
 #159

Out of curiosity, why not?

Lets think this logically (not I wish x would happen because it helps me personally).

Why would someone use a MtGox code?  Why not just cash out from MtGox?

Someone will deposit a MtGox code because there is a long delay @ MtGox.  

If someone could cash out from MtGox with a 21 day delay or cash out from Bitfloor with a 0 day delay which would they pick?  

So you would see a huge influx of semi-worthless Gox codes.  Now when those users deposit a Gox code and attempt to cash out on Bitfloor where does the cash come from?  It is still on MtGox so the operator has to cash out from MtGox wait 21 days for it to get to his bank account and then pay users.     Quickly the cashouts will exceed cash on hand and delay for cashing out will go from 0 days to 21 days.   MtGox can then push shtylman's cashout requests to the back burners (oops this request took 28 days, that one too 32 days).   That would disrupt his cashflow probably fatally.  When Bitfloor no longer has fast cashouts it will die.  
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July 31, 2012, 12:49:59 AM
 #160

Out of curiosity, why not?

Lets think this logically (not I wish x would happen because it helps me personally).

Why would someone use a MtGox code?  Why not just cash out from MtGox?

The only possible reason to use a MtGox code is because there is a long delay @ MtGox.  IF someone could cash out from MtGox and wait 21 days or cash out from Bitfloor and wait 8 hours which would they pick?  So you would see a huge influx of semi-worthless Gox codes.  Now when those users cahs out where does the cash come from?  It is still on MtGox so the operator has to cash out from MtGox wait 21 days for it to get to his bank account and then pay users.     Quickly the cashouts will exceed cash on hand and delay for cashing out will go from 0 days to 21 days. 

Exactly. Part of the reason I'm using Bitfloor to shield myself from problems with MtGox. I don't want Bitfloor to shoulder part of the liability of MtGox's solvency.
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