I donated 0.1 BTC 1.5BTC worth of BC and DRK is at Mintpal for me:( I would even donate if I had none, since it is high time that we the community start cleaning the crypto coin street. And send the trash to prison. It will help the bitcoin price on the long run.

https://twitter.com/jstcoin

They wrote about having technical issues on twitter. Personally I am not concerned, I have been a power user of them for a year now, and withdrawal speed in both fiat and crypto was the most consistent and fast among many exchanges.

Well at least you got your money now. I still dont have it after 5! days now. Consider yourself lucky.

My bot times out time to time too, but their web interface lags even much more. It has been a constant issue with Kraken, they might not be as scaleable as they thoght they would be.

On the bright side they have one of the fastest deposit and withdrawal speeds. So kudos!

Nice way of thinking about it. I am also extremely mad that it is 4 days now and SEPA is still not credited. My bank says the Slovenian Bank got it the same day I sent so Bitstamp is now either on the dark side or on the contrary to their calming words they cannot handle their new bank yet.

I do market making and arbitraging with my own developed bot (worked in a bank as Quant before) and out of the 7 exchanges now I use Bitstamp is the worst with this... It costs me dearly.

PS: I think we both lost much more on appreciating Bitcoin prices than on the rising USD value!:)

Hmm someone who knows his stuff, I like it!

I do not need to prove you wrong I have the hard fact that 95% of my trades do happen at the prices I get with the above methods. And these are outlier prices on which everyone else bot/human jumps as well. Q.E.D

I do understand that eventually my latency is much bigger than 20ms, but it is outside of the factors that I can control. Most of my scraper servers do tend to be close to exchange data centers. I get eg. 5 ping to Bitstamp I can tell you where they are in private if you want to know.

I do understand that there may be prices in books that the public including me do not see. That is the category cheating on the side of exchanges, but it happens on "respected" exchanges like NASDAQ too. I hate insider HFT bullshit too. The no real market "competition" system we live under, that costs us a lot of GDP growth in the end.

On the other hand you are not that good in economics are you. 7 dollar spread does not prove anything. When I talk about profits it is the risk adjusted daily equivalent. To have arbitrage as a business model not as a gambling model, you need much more than 7 dollar spread. I catch spikes and the premise of my post was just that that no human can compete with me in that like crazyivan... I think we can agree on that.

I have missing withdrawal you guessed it from 15.05.2014. I have heard that many have problems from this day.

EDIT

I was quick to jump into conclusions, due to possibly wrong rumors. Indeed I made an error in the name field so a bank trace is needed. It would be nice though if rejected, returned transfers would automatically returned to the user, like in my case. It is a problem of the banking system that it does not happen.

So I guess I have to wait a lot.

EDIT

Its funny all this hype from ponzi scheme arbitrage advertisers. I have the hard data of millisecond by millisecond arbitrage opportunities from 6 major exchanges on which my bots operate.

Simply anyone who says they do profitable arb by hand is a liar, or cannot count for exchange default risk or payment service provider risks. No human can compete with my bots acting within 20 milliseconds by searching for thousands of arbitrage routes using 10 different IP addresses to gather the fastest data that beats public services like Bitcoinwisdom by seconds.

All I can say is that after bank transaction costs and currency exchange costs last month used to be 1.5% daily risk adjusted return on the whole capital, but this month so far is pretty shit 0.5%. So guys who claim 1%+ per day for this month by hand are pathetic liars.

I cannot even login, am I the only one?

When I enter the 2 factor code the site says: AND IT IS GONE

Are they hacked and all my login info gets to the middle man? Will I have 0 account balance tomorrow?

It must be that they are sleeping over there. If there is no reaction in 5 hours, than it is a problem. I have a lot of dope with them, so I am a bit anxious.

Here you go: http://www.marketwatch.com/story/morgan-stanley-ceo-bitcoin-is-totally-surreal-2014-03-10

But dont bother, it seems none of the recent comments passed the dictatorial censorship. Last comment is from 2 days ago!

Marketwatch want to look like trendy with all these Bitcoin headlines lately. You would think they get it how to survive.

However their latest headline: Morgan Stanley CEO: Bitcoin is 'totally surreal'
pissed me off so much that I made my first comment ever there.

It may be a little bit on the harsh side, but no real swearwords and it is not spam. You can read it here:


Of course telling truth is not what a controlled opposition like Marketwatch will let you do! Of course it is pending for almost a day now, while other bullshit comments appeared already.


PS: I worked in the finance sector though not in the USA, but it was fairly similar. You got to the top by politics and exchanging favours with rent seeking mentality. Not much true innovation there either.

To answer this question we would need net money flows in and out of exchanges.

Even in the financial markets people tend to take ETF net flows as a basis of estimation.
But there at least there is IPO data and top holdings data from which you can fairly well calculate net new money into a stock.

I think using forex market multiples maybe a better approach than saying nothing, but there are so huge differences in long term and short term market participant ratios from market to market that it is fairly unuseful. Take for example huobi's 0 fees, that alone makes forex trading volume uncomparable to Bitcoin's

That is a good point. It must be a sign that they don't store it as salted hashes!:D On the other hand password for a web-service need not be as complex as a file encryption pass. Since they can stop brute force pretty easily.

Just a friendly warning that comic is bullshit. You would need at least 8 random words to have about the same security as 12+ random characters. The entropy maybe higher, but every serious hacker uses rainbow tables, dictionaries or even phrases from common digitalized books...

I just want to bump this thread and endorse this neat exchange. I have made many 4 figure SEPA withdrawals and there have been no bullshit delays, excuses like with Bitstamp, or BTCE. They always arrived within 2 business days.

Also I have just noticed that their fees are now more in line with the competition. If you trade a lot you can even have 0.1% fee.
So give it to the man!


Disclaimer: I am not affiliated with the site

Was it 4 figure, low 5 or more? My low 5 figure withdrawal is "in processing" for days now.

I could login now, they solved it. They have a scary company policy though regarding information, warnings or rather the lack of it!

Thanks for letting us know!
 
So the jurry is out on them for being a scam, but the fact they do not communicate the issue and give an ETA.
They delete any threads regarding this issue on their official forums.
The fact that I cannot use my own money when I need that is expected from their service makes them highly risky to use
and quite pointless frankly.

I hope we will not have to fight them, however I did make some precautionary steps.

At this point I just want them to wire back my deposited money. They failed in my book!

They do not send me the email PIN either. It is evident that they worked until they got my trust and sent them bigger money.

This is the most disgusting scam, that they conveniently do not send me the email pin. Cannot even login, I am speechless. I could login yesterday, my funds were sitting there no problem but not today...