191 entries in 0.465s
mircea_popescu: ;;later tell reutersemily "Shortly after that, a bitcoin exchange known as
bitfloor was shuttered after its US bank account was closed because it had not properly registered with regulators." << nah,
bitfloor was run by shtylman, who either ran off with the coin or "lost" it.
mircea_popescu: (for the people joining us late, shtylman was some geek who created the
bitfloor disaster)
jurov: happened also to
bitfloor, they are not okay
Urushiol: they were also the ones to untuck the
Bitfloor debacle
ozbot: Bitcoin exchange
Bitfloor begins refunding US dollars to users - CoinDesk
mjr___: truff1es: but you also take risks with btc-exchanges or otc, it is a different set of risks, but you could have your exchange shut down (
bitfloor, bitcoin-central, etc)
pgp:
bitfloor prolly closed because of FinCEN
pgp: now that
bitfloor and bitcoin24 are gone, soon gox will be ONLY bitcoin exchange on planet
MJR_: no one lost money at
bitfloor yesterday
lippoper1:
Bitfloor, the fourth largest exchange dealing in US dollars, has just announced that it has been hacked, and the service has taken a loss of 24,000 BTC
lippoper1: Do you think it has anything to do with this?
Bitfloor Hacked, $250,000 Missing | Bitcoin Magazine
lippoper1: Bitcoin exchange
BitFloor shuts its doors, promises to return everyone's money
kakobrekla: you think its worth saving
bitfloor after all that happend there MJR_
MJR_: founder -
bitfloor.com
MJR_: I am sorry to announce that due to circumstances outside of our control
BitFloor must cease all trading operations indefinitely. Unfortunately, our US bank account is scheduled to be closed and we can no longer provide the same level of USD deposits and withdrawals as we have in the past. As such, I have made the decision to halt operations and return all funds.
mircea_popescu: MJR_ im resisting the urge to search through logs for me going "don't use
bitfloor" at people.
MJR_: crazy about
bitfloor mircea_popescu: on the other hand people like
bitfloor indeed don't opr at least didn't protect the walletr worth a shiot.
mjr___: i believe
bitfloor is still over 100
ThickAsThieves: someone left a big wall up at 110 on
bitfloor if anyone wants to try and grab it
pgp: prolly BTC-e and
bitfloor mircea_popescu:
bitfloor is run by a single perambulatory point of failure who is a smart kid with good tech skills but then does takiesque things to walletsd
pgp:
bitfloor looks like it's down again...
pigeons: ThickAsThieves:
bitfloor got hacked, said sorry, your moneys gone, come trade with us anyway
ThickAsThieves: whats the 25k
bitfloor story? i have some cash there...
bit_nutz_: gribble, where are those prices you just quoted? i'm seeing sub 60 bitstamp,
bitfloor, bit24...
mjr_: buy buy buy on
bitfloor lol
mjr_: 99 on
bitfloor i see
taub: dont think i can recommend
bitfloor yet
MJR_:
bitfloor is holding steady at 155
pgp: and some guy bought on
bitfloor at 197... lol
taub: i hope everyone switches to
bitfloor or something
pgp: 30 point spread on
bitfloor MJR_: LOL just saw 224 on
bitfloor MJR_: on
bitfloor it just ticked at 195
MJR_: rallying on
bitfloor MJR_: i'm seeing 109 on
bitfloor pgp: whoops, there went the
bitfloor book again...
pgp:
bitfloor still down too
pgp:
bitfloor been down for a while, eh?
MJR_:
bitfloor just crashed i think
MJR_: and rising past 251 on
bitfloor (i think this may be record volume for
bitfloor as well)
MJR_: but also, still at 250 at
bitfloor jurov: and if you absolutely must trade btcusd,
bitfloor seems to be rising.
MJR_: thats why
bitfloor has higher prices
taub: well, i'll be moving over to
bitfloor and try them
taub: i'm moving to
bitfloor pgp:
bitfloor is a good tech all around, but one man show is a problem
jcpham: there's always
bitfloor. you can sell coins for anything over there
mircea_popescu: the other "survivor",
bitfloor, lost millions of users funds
mjr_: no probably
bitfloor or bitinstant
mjr_: that's why i said
bitfloor mjr_: also,
bitfloor is in the US
jcpham:
bitfloor of course because you can sell coins for anything at
bitfloor MJR_III: i'm trying to get a data feed from
bitfloor MJR_III: but for example, i am setting up an stunnel to
bitfloor MJR_III:
bitfloor has the best response time i think
smickles: much of
bitfloor is opensourced
smickles: i would use
bitfloor more often if it weren't for that debt
MJR_III: this is the thing about
bitfloor MJR_III: the good part of selling on
bitfloor is that you can get a liquidity rebate
MJR_III: if you could move money instantly, you could arb
bitfloor and btc-e all day
MJR_III: also...
bitfloor has not had these issues...they didn't have a huge dropoff and they have maintained the price...mt gox injects a ton of uncertainty into the market with their horrible matching engine