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Topic: Bitcoinica - 15169.57 BTC Traded in the last 24 hours - page 2. (Read 4996 times)

vip
Activity: 490
Merit: 502
Please take his numbers with a bit of caution.

I will note that bitcoinica has ~550 users as of this post.

Your number is right.

Margin trading really did increase transaction volume by multiple times.

We also have a much higher paid customers ratio because we allow instant deposit/withdrawal via Mt. Gox code.

We have no reason to make up the numbers ourselves. You can go around and ask people who signed up for Bitcoinica and ask them how much they are trading.
vip
Activity: 490
Merit: 502
"Third Largest", especially in volume traded, really doesn't mean much.  Two or more of the owners could set up accounts and move bitcoins back and forth, commission free.

Owners' trades are not counted.

We didn't think this really mean much. But we just want to thank our customers for the active support.

There's no reason for self-deception when we're clear what are we making.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
"Third Largest", especially in volume traded, really doesn't mean much.  Two or more of the owners could set up accounts and move bitcoins back and forth, commission free.
sr. member
Activity: 463
Merit: 252
Please take his numbers with a bit of caution.

I will note that bitcoinica has ~550 users as of this post.
newbie
Activity: 12
Merit: 0
Allthough a newcomer on the market, -third place earns you serious respect. We welcome you to the bitcoin scene.

Thus, I've added support for push-based ticker notifications on the Android platform through the BTC Push Monitor app.

The app is totally free, as well as ad-free, and can be downloaded here: https://market.android.com/details?id=no.skjervold

For you guys who allready use the app, -no need to update the app through market, all necessary changes were done on the server.

Cheers,
Eflite
vip
Activity: 490
Merit: 502
I think most people don't trust Bitcoinica if they (he) don't publish more company details/contact infos.

We are applying for Extended Validation SSL certificates, so that everyone can verify our company information.

Everything is in process right now. As you know, there are a lot of validation processes and checks, it takes time to have everything up. The real
world is very different from the Bitcoin world.

So far Bitcoinica's trading performance is extremely good and we will definitely be more transparent in the future.
vip
Activity: 490
Merit: 502
"© 2011 xWaylab Inc."

How can a 17 year old incorporate a company?

My registered agent didn't mention anything about age requirement, mainly because registration in Delaware is anonymous.

Also, I'm not the only shareholder of the company. But I'm the only one responsible for Bitcoinica development.
full member
Activity: 168
Merit: 100
I think most people don't trust Bitcoinica if they (he) don't publish more company details/contact infos.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
"© 2011 xWaylab Inc."

How can a 17 year old incorporate a company?
vip
Activity: 490
Merit: 502
Congrats zhoutong.  I posted this http://bitcoinmedia.com/bitcoinica-three-days-passes-tradehill-second, please let me know if there is any information or links you would like to add to that post for anyone interested in your site.

Thank you very much for the support! We really appreciate it!

Perhaps you can mention a little bit about our API. We're the first Bitcoin trading platform that supports RESTful API, which makes API implementation painless and elegant.

Our API documentation: https://www.bitcoinica.com/pages/api

Again, thank you for your support!
hero member
Activity: 630
Merit: 500
Posts: 69
Congrats zhoutong.  I posted this http://bitcoinmedia.com/bitcoinica-three-days-passes-tradehill-second, please let me know if there is any information or links you would like to add to that post for anyone interested in your site.
vip
Activity: 490
Merit: 502
I post at most one thread per day. Getting it on first page means it's fairly popular.
Bitcoinica is now the second largest exchange, but there are only three threads about it in this forum.
More people should be invited to join and see.
i'll ask this one as polite as i can..
are you high on something?
ok it might be a good (or even the best) exchange in design /services/safety. dont write things that a just are not true.
www.bitcoincharts.com . check the trading volumes please.
 

What's wrong with my data? I fetched them yesterday.

Currently Bitcoinica is still the second largest trading platform.

We will contact Bitcoin Charts to list our platform soon.
hero member
Activity: 655
Merit: 500
I post at most one thread per day. Getting it on first page means it's fairly popular.
Bitcoinica is now the second largest exchange, but there are only three threads about it in this forum.
More people should be invited to join and see.
i'll ask this one as polite as i can..
are you high on something?
ok it might be a good (or even the best) exchange in design /services/safety. dont write things that a just are not true.
www.bitcoincharts.com . check the trading volumes please.
 
legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
I'm guessing this is the reason for the recent spike in BTC value.

They allow short selling, so I dont think its the reason of the recent spike. They could have as well produced a big sell off.
full member
Activity: 189
Merit: 100
this website seems like such an absolute scam. How do they make money to cover their costs?
hero member
Activity: 756
Merit: 500
I'm guessing this is the reason for the recent spike in BTC value.
vip
Activity: 490
Merit: 502
Watch out guys.  Their Mt Gox. limit was reached on their account and you currently cannot withdraw via Gox code!  This has been an issue for the past ~12 hours, and it still has not been fixed.  Cry

Hi,

We apologize for the inconvenience. Bitcoinica was growing at a completely unexpected rate.

Mt. Gox has already responded to us and we are preparing our documents and submit to them for approval.

Withdrawals on Bitcoinica will be recovered after a few hours (24 hours passed), and currently if you need urgent withdrawal, you can send an email to [email protected] indicating how much you want to withdraw. It will be processed within 1 hour.

Thank you for your support!

legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
FYI People,

Bitcoinica was created and is run by a 17 year old.

http://news.ycombinator.com/item?id=2973301

And the best part is that he is totally open about it and has never tried to hide it. The ingenuity amazes me.

Btw, his success should be an eye opener to the rest of exchangers.
sr. member
Activity: 408
Merit: 261
Last 24 Hours

15169.57 BTC Traded
940 Orders Placed

Now Bitcoinica shows trading volume in the past 24 hours publicly!

Looks good, but FYI there doesn't seem to be any way to see this if you are logged in.  Only if you are not logged in can you see this when you show up on the main page.
bho
newbie
Activity: 8
Merit: 0
Watch out guys.  Their Mt Gox. limit was reached on their account and you currently cannot withdraw via Gox code!  This has been an issue for the past ~12 hours, and it still has not been fixed.  Cry
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