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Topic: bitfloor needs your help! - page 7. (Read 177459 times)

hero member
Activity: 609
Merit: 505
March 19, 2013, 11:20:05 AM
Hopefully the recent BTC rally will earn Bitfloor enough volume to release some more of the held BTC..especially in today's market.

I spoke with Roman the other week and he pointed out that this actually has ups and downs. The rally has helped volume on bitfloor, but it's also raised the dollar cost of buying coin, which is exactly what bitfloor has to do each time he makes a payment. (fees are earned in dollars)
legendary
Activity: 1680
Merit: 1035
March 19, 2013, 11:04:40 AM
I still use Bitfloor all the time, and generally never have any issues with them. It's way more convenient for deposits and withdrawals than MtGox. The only annoyance is that the buy and sell sides are a bit weak, and at times have a large gap between them, making it more expensive to buy there than at Gox. But that's just a low user problem, and I guess can't be helped.
legendary
Activity: 1064
Merit: 1000
March 19, 2013, 10:17:26 AM
Just wanted to relay my recent experience with Bitfloor:

I am one of the customers that have BTC being held due to the hack (about 61 BTC..around $2900 in today's terms..  Sad   )

Over this last weekend I decided to give Bitfloor another chance and sold about $850 worth of BTC and initiated an ACH withdrawal.

The transfer went smoothly and the money was in my bank account today.

Although I do wish Roman would be a bit more vocal about what is going on, at least to those with BTC being held, this experience has been a big first step in Bitfloor earning my trust back.


Hopefully the recent BTC rally will earn Bitfloor enough volume to release some more of the held BTC..especially in today's market.

 
 
hero member
Activity: 868
Merit: 1000
March 18, 2013, 01:55:59 AM

Strange - just took a long time to load the market data - so long I thought everything was dead..
legendary
Activity: 3038
Merit: 1032
RIP Mommy
hero member
Activity: 868
Merit: 1000
March 18, 2013, 01:37:49 AM
Is Bitfloor dead? Seems like the orderbook is empty ? Just made an account there just to check things out..
hero member
Activity: 756
Merit: 501
March 17, 2013, 10:36:24 AM
Hoping to see a payout soon what's going on.  Is there another thread I should be reading.

In discussion I have called Roman out a couple times.  He has not responded.

Look for a thread in scam accusations next weekend.

I'm confused.  If I'm interpreting the chart correctly, it looks like Bitfloor has made ~3000 in revenue and paid back ~6000.  That means Roman must have paid back ~3000 additional out of his own pocket. What sort of scam are you alleging?

Let's give Roman a chance to reply to my questions in service discussion.

As for the rest, wait and see if I actually make a Scam post.
sr. member
Activity: 254
Merit: 250
March 17, 2013, 01:08:12 AM
Hoping to see a payout soon what's going on.  Is there another thread I should be reading.

In discussion I have called Roman out a couple times.  He has not responded.

Look for a thread in scam accusations next weekend.

I'm confused.  If I'm interpreting the chart correctly, it looks like Bitfloor has made ~3000 in revenue and paid back ~6000.  That means Roman must have paid back ~3000 additional out of his own pocket. What sort of scam are you alleging?
hero member
Activity: 756
Merit: 501
March 16, 2013, 11:02:24 PM
Hoping to see a payout soon what's going on.  Is there another thread I should be reading.

In discussion I have called Roman out a couple times.  He has not responded.

Look for a thread in scam accusations next weekend.
sr. member
Activity: 791
Merit: 273
This is personal
March 16, 2013, 05:47:46 PM
Hoping to see a payout soon what's going on.  Is there another thread I should be reading.
hero member
Activity: 728
Merit: 500
February 18, 2013, 12:26:23 PM
It looks like some of the text is cut off at the current size, do you want it to automatically generate a png?

This will automatically create "bitfloor.png" in whatever your working directory is. I'm not sure how familiar you are with R... to see the working directory run getwd()

Code:


#Get Data from bitcoincharts
bitfloor<-read.table("http://bitcoincharts.com/t/trades.csv?symbol=bitfloorUSD&start=0",
                     sep=","
)

##Convert Times from Unix
times=matrix(nrow=nrow(bitfloor), ncol=6)
time.string=NULL
for(i in 1:nrow(bitfloor)){
  timeStamp<-ISOdatetime(1970,1,1,0,0,0) + bitfloor[i,1]
 
  date<-strsplit(as.character(timeStamp), " ")[[1]][1]
  yr<-as.numeric(strsplit(date, "-")[[1]][1])
  mo<-as.numeric(strsplit(date, "-")[[1]][2])
  day<-as.numeric(strsplit(date, "-")[[1]][3])
 
  ToD<-strsplit(as.character(timeStamp), " ")[[1]][2]
  hr<-as.numeric(strsplit(ToD, ":")[[1]][1])
  min<-as.numeric(strsplit(ToD, ":")[[1]][2])
  sec<-as.numeric(strsplit(ToD, ":")[[1]][2])
 
  times[i,]<-cbind(yr,mo,day,hr,min,sec)
  time.string<-rbind(time.string,as.character(timeStamp))
}

bitfloor<-cbind(times,bitfloor)
colnames(bitfloor)<-c("Yr","Mo","Day","Hr","Min","Sec","UnixT","Price","Vol")

##Set First Timestamp bitfloor was open after hack
post.hack.open.time<-as.numeric(head(
  bitfloor[which(bitfloor[,1]==2012 & bitfloor[,2]==9 & bitfloor[,3]==21),],
  1)[7])

##Divide into pre and post hack data
pre.hack.bitfloor<-bitfloor[which(bitfloor[,7]post.hack.bitfloor<-bitfloor[which(bitfloor[,7]>(post.hack.open.time-1)),]

#Generate cumulative volume and fees
pre.hack.bitfloor<-cbind(pre.hack.bitfloor,
                         cumsum(pre.hack.bitfloor[,8]*pre.hack.bitfloor[,9]),
                         cumsum(pre.hack.bitfloor[,8]*pre.hack.bitfloor[,9])*.005
)
colnames(pre.hack.bitfloor)[10:11]<-c("cumUSD.Vol","cumFee")

post.hack.bitfloor<-cbind(post.hack.bitfloor,
                          cumsum(post.hack.bitfloor[,8]*post.hack.bitfloor[,9]),
                          cumsum(post.hack.bitfloor[,8]*post.hack.bitfloor[,9])*.003
)
colnames(post.hack.bitfloor)[10:11]<-c("cumUSD.Vol","cumFee")
#

##Set Timestamp of first payout
payback.time.one<-as.numeric(head(
  bitfloor[which(bitfloor[,1]==2012 & bitfloor[,2]==12 & bitfloor[,3]==1),],
  1)[7])

##Split into pre and post payout
pre.payout.one<-post.hack.bitfloor[which(post.hack.bitfloor[,7]post.payout.one<-post.hack.bitfloor[which(post.hack.bitfloor[,7]>(payback.time.one-1)),]

#Generate cumulative volume and fee data
pre.payout.one[,10:11]<-cbind(
  cumsum(pre.payout.one[,8]*pre.payout.one[,9]),
  cumsum(pre.payout.one[,8]*pre.payout.one[,9])*.003
)

post.payout.one[,10:11]<-cbind(
  cumsum(post.payout.one[,8]*post.payout.one[,9]),
  cumsum(post.payout.one[,8]*post.payout.one[,9])*.003
)
#

##Get months from unix timestamps
month.labels=data.frame()
for(y in 2012:2013){
  for(m in 1:12){
    unixT<-bitfloor[which(bitfloor[,1]==y & bitfloor[,2]==m),7][1]
    month.labels<-rbind(month.labels,cbind(unixT,month.name[m]))
  }
}
month.labels<-month.labels[which(!is.na(month.labels[,1])),]
month.labels<-month.labels[2:nrow(month.labels),]

##Misc
est.payed.back<-.017
Total.Value.Stolen<-25000*tail(bitfloor[,8],1)
Total.Value.Payed<-est.payed.back*Total.Value.Stolen

##Make Plots
png("bitfloor.png", height=800, width=1300, pointsize=15)
layout(matrix(c(1,1,1,3,2,2,2,4), 2, 4, byrow = TRUE))
plot(bitfloor[,7],bitfloor[,8], type="n", xaxt="n",
     xlab="Time",
     ylab="USD/BTC",ylim=c(0,(max(bitfloor[,8])+5)),
     main="Bitfloor Price History"
)
axis(1,at=as.numeric(as.matrix(month.labels[,1])),
     labels=as.character(month.labels[,2]))
lines(pre.hack.bitfloor[,7],pre.hack.bitfloor[,8], col="Green")
lines(pre.payout.one[,7],pre.payout.one[,8], col="Red")
lines(post.payout.one[,7],post.payout.one[,8], col="Blue")
abline(v=payback.time.one)

plot(pre.hack.bitfloor[,7],pre.hack.bitfloor[,11], xaxt="n",
     xlab="Time",
     ylab="Cumulative Fees Generated (USD)",
     xlim=c(min(bitfloor[,7]),max(bitfloor[,7])),
     type="l", lwd=3, col="Green",
     main=c("Bitfloor Cumulative Fee Revenue",
            "Before Hack Rate= 0.5%,   After Hack= 0.3%")
)
axis(1,at=as.numeric(as.matrix(month.labels[,1])),
     labels=as.character(month.labels[,2]))
lines(pre.payout.one[,7],pre.payout.one[,11],
      type="l", lwd=3, col="Red"
)
lines(post.payout.one[,7],post.payout.one[,11],
      type="l", lwd=3, col="Blue"
)
abline(v=payback.time.one)

barplot(c(
  Total.Value.Stolen,
  Total.Value.Payed
),
        ylab="USD", ylim=c(0,1.1*Total.Value.Stolen),
        names.arg=c(paste("Value Stolen=", Total.Value.Stolen),
                    paste("Value Payed=",Total.Value.Payed)),
        col=c("Red","Green"),
        main=paste("Estimated Payed Back=",100*est.payed.back,"%")
)

barplot(c(
  max(pre.payout.one[,11]),
  max(post.payout.one[,11])
),
        ylim=c(0,1.1*max(c(max(pre.payout.one[,11]),max(post.payout.one[,11])))),
        ylab="Fees Generated (USD)",
        names.arg=c(paste("Hack to First Payout=", round(max(pre.payout.one[,11]),1)),
                    paste("Since=",round(max(post.payout.one[,11]),1))),
        col=c("Red","Blue"),
        main="Fees Generated Since Hack"
)
dev.off()



you may need to adjust these settings for your system, I had to play around with it:
Code:
png("bitfloor.png", height=800, width=1300, pointsize=15)
legendary
Activity: 1904
Merit: 1002
February 15, 2013, 12:04:58 AM
Nevermind, I see it generates a pdf.  I can convert that to a png.

legendary
Activity: 1904
Merit: 1002
February 15, 2013, 12:03:45 AM
newbie
Activity: 41
Merit: 0
February 14, 2013, 10:38:49 PM
Any word on the next release of held funds shtylman?
420
hero member
Activity: 756
Merit: 500
January 19, 2013, 09:06:04 PM
why can only withdraw via ACH and not ING p2p?
Because ING does not allow businesses to open accounts with the P2P capability. Bitfloor doesn't have an ING account. They just accept transfers from them.

owner could just open in his name
hero member
Activity: 868
Merit: 1002
January 19, 2013, 07:21:07 PM
why can only withdraw via ACH and not ING p2p?
Because ING does not allow businesses to open accounts with the P2P capability. Bitfloor doesn't have an ING account. They just accept transfers from them.
420
hero member
Activity: 756
Merit: 500
January 19, 2013, 06:04:38 PM
why can only withdraw via ACH and not ING p2p?
legendary
Activity: 1904
Merit: 1002
January 16, 2013, 01:25:03 PM
So Bitfloor still takes ING p2p deposits? I was on their site and could not find it.

I am currently at work so I cannot access the page but could someone show me where I go to do this?
Click on deposit. If you don't see the deposit tab you may need to log in first.

Yep, deposit->USD->ING P2P
hero member
Activity: 868
Merit: 1002
January 16, 2013, 01:00:46 PM
So Bitfloor still takes ING p2p deposits? I was on their site and could not find it.

I am currently at work so I cannot access the page but could someone show me where I go to do this?
Click on deposit. If you don't see the deposit tab you may need to log in first.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
January 16, 2013, 12:58:40 PM
So Bitfloor still takes ING p2p deposits? I was on their site and could not find it.

I am currently at work so I cannot access the page but could someone show me where I go to do this?
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