Post
Topic
Board Securities
Re: [BTC-TC] Virtual Community Exchange [WINDING DOWN]
by
RoadToHell
on 26/09/2013, 15:03:28 UTC
I have read through most of this thread from Sept 23rd onward and have not found answers to these questions (but saw them asked a few times):

- Will you be removing the .0025 reserve limit?  It is trivial to each of your customers, but there is no longer any need to have it in place.  Keeping it in place seems like a money grab as you shut down the site.
- Will you be setting the transaction fee to 0?  It is the right thing to do.
- Why wasn't an email sent to all BTC-TC customers?  You have all of the email addresses and should be communicating major announcements (like we're halting trading and closing) directly.


The first has been answered several times over the course of the last year or so, as some have pointed out.  Sorry it's not in the FAQ.  I'll plug it in if I can find the time after I have caught up with all of the ASICMINER-PT transfer requests, manual withdrawal requests, aforementioned mass email, and other time consuming things.  Wink

Setting the transaction fee to zero is not the right thing to do.  The right thing to do is to try to raise enough funds to pay the company's bills.  I've already "loaned" the company over 500 BTC.  Chances are it's going to take another 500 to close things out.

An email will be going out as soon as I can write an "email everyone" program.  Easier said than done, since you can't just shotgun them out.  Most providers start blocking after about the tenth email.

I know it's easy to forget, but this thing is just me, myself, and I, run in the few hours a day I get after my day job responsibilities.

Cheers.


Thanks for the response.  I know you've got a lot going on and are feeling pressure from everyone.  I greatly appreciate that you're remaining responsive here in spite of everything else you need to do.