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Topic: Bitoption Status Thread (Read 7892 times)

legendary
Activity: 2506
Merit: 1010
July 18, 2012, 10:14:49 PM
#51
I'm still waiting for a good alternative.

The most liquid alternative:
 - http://en.bitcoin.it/wiki/MPEx

Potential, but no trading on it yet:
 - http://www.BitcoinOPX.com

Then there is icbit.se futures:
 - http;//www.icbit.se

As always, there are various risks with these.

hero member
Activity: 518
Merit: 500
July 10, 2012, 11:45:04 PM
#50
The site has been down since the Mt Gox hack. When was that? About a year ago? I do miss it. I'm still waiting for a good alternative.
legendary
Activity: 1134
Merit: 1005
July 10, 2012, 03:17:22 PM
#49
I would be very interested but the site has not worked for me once yet. Is the site down or something? Or is it just me...
site is down for me too.
newbie
Activity: 55
Merit: 0
July 09, 2012, 10:21:26 PM
#48
I would be very interested but the site has not worked for me once yet. Is the site down or something? Or is it just me...
legendary
Activity: 2506
Merit: 1010
September 20, 2011, 12:17:20 AM
#47
I see the site has changed and now says it is undergoing "finalized support for market makers".
 - https://bitoption.org
newbie
Activity: 8
Merit: 0
July 20, 2011, 02:24:52 AM
#46
Thank you for your PM and all the hard work you've done!
I'm glad to see there's still a lot going on.

I'll keep my funds @bitoption... Smiley

newbie
Activity: 7
Merit: 0
July 20, 2011, 12:27:37 AM
#45
Hi all,

Here's an update: I have reworked most of the system, including how we hold bitcoin, and how we deal with withdrawals. Please read the following information:

NOT WORKING STILL
  • Purchasing And Selling Contracts
  • The Bitoption BTC Page
  • Auto-exercise of contracts
  • The Trading API
Working
  • Transfers from here to Mt. Gox
  • Transfers back from Mt. Gox
  • Withdraw and Deposit
  • Detailed history of all transactions
  • The Contracts Tab

Change in Functionality: We have moved to a multi-exchange system; this means we can hold your Bitcoin for you if you prefer not to have it in Mt. Gox. Transfers between exchanges are relatively speedy. Due to how Mt. Gox works (and also what we feel are best practices) we only send and receive BTC through our own wallet now; this means you will need to have BTO-BTC to withdraw.
Ryan and I are still working feverishly, the market making bot is ready to go, and needs a few hooks written on the exchange side. I worked 22 hours yesterday, and roughly 60 hours in the last 4 days; we are very close to a much improved exchange. Thanks for your patience.

Questions: please e-mail [email protected] or [email protected].

Bitoption Admin
newbie
Activity: 8
Merit: 0
July 15, 2011, 03:55:47 AM
#44
Hi,

I would like to withdraw my funds because I don't think there's any progress being made on the bitoption site lately...

How can I withdraw dollars?
(I can't exchange those for BTC, because that's not working...)

When I withdraw BTC it says: "transfer of **** btc failed. Sorry! We logged the incident and will respond soon."

How can i withdraw my dollars and BTC?

Regards,

Frans.
sr. member
Activity: 254
Merit: 250
July 07, 2011, 04:27:53 AM
#43
Hi Enky,

Actually you asked for a refund on an option you purchased before we swapped over. I offered to buy it from you at the greater of the price you paid or the intrinsic value.

That's a little different.

No, you offered a refund, i never asked for it, i always asked to have my original call option back:)
when you offered a refund, i said yes, let's talk about it, i dont want to have a loss due to that problem etc..... but you answered saying that you were going to refund me the initial price of the option but i never received the money and i was a bit annoyed, that's all.
aniway i received the refund, thanks, it's ok, i hope the best for you and your service.
Cya
jr. member
Activity: 56
Merit: 1
July 06, 2011, 07:15:32 PM
#42
@bitoption

Glad to see this is still moving forward, I was starting to think this was a lost cause. Please prove me wrong soon.

In the meantime, I cannot withdraw my bitcoins, which as I'm sure you can imagine is very worrisome to me.

What should I do?
newbie
Activity: 56
Merit: 0
July 06, 2011, 06:03:42 PM
#41
Hi Enky,

Actually you asked for a refund on an option you purchased before we swapped over. I offered to buy it from you at the greater of the price you paid or the intrinsic value.

That's a little different.

My quick update is that we're rewriting the Exchange API to deal with numerous changes made at Mt. Gox; Gox had gone dark on us for a while, but I think we're close to having feature parity from before the crash, based on some API additions Mark made last night.

Sorry for being out of touch; my life got crazy. As penance, I've hired a support person and programmer, Bitoption Support on the forums. He'll be in and commenting and helping out M-F at the least.
sr. member
Activity: 254
Merit: 250
July 05, 2011, 10:42:43 AM
#40
The level of service is unacceptable Angry, thanks to god i tried it with only 1 btc.
i'm still waiting from him an answer after 7 days, all i ask is to have my 1 btc back:)
hero member
Activity: 518
Merit: 500
June 28, 2011, 05:07:03 AM
#39
Now it's unresponsive. I'm logged in, but I can't see my balance or contracts. Previously, I could log out and back in again to get it to work. Now it won't even log out. The browser seems to sit there doing nothing.

Come on BitOption, where are you? I can understand having problems as a result of the Mt. Gox fiasco and API changes, but you're leaving us all in the dark as our contracts tick down. You risk losing our trust and market share if you don't at least provide us with an update! BitOption is still in a fragile infantile stage of development. It's a critical time for you to show your commitment to this project.
jr. member
Activity: 56
Merit: 1
June 26, 2011, 09:55:31 PM
#38
I'm getting a "502 Bad Gateway" error.

So was I, but now I'm getting a "504 Gateway Time Out" error.

Yep, and the market is doing some really interesting stuff right now. I'd like to get it sooner rather than later.
hero member
Activity: 518
Merit: 500
June 26, 2011, 07:36:58 PM
#37
I'm getting a "502 Bad Gateway" error.

So was I, but now I'm getting a "504 Gateway Time Out" error.
jr. member
Activity: 56
Merit: 1
June 26, 2011, 04:37:20 PM
#36
I'm getting a "502 Bad Gateway" error.
sr. member
Activity: 254
Merit: 250
June 26, 2011, 10:43:31 AM
#35
bitoption admin, i wrote you an email asking to exercise my option, i tried to click on exercise button but nothing happens, i'm already disappointed that due to an your problem i've now a put instead of a call, at least try to answer me in a timingly manner.
Thank You
jr. member
Activity: 56
Merit: 1
June 24, 2011, 10:07:52 AM
#34
Everything is fixed for me, thanks.
sr. member
Activity: 254
Merit: 250
June 24, 2011, 02:01:33 AM
#33
bitoption i wrote you twice asking a fix, i bought a call strike 20$ exp.date 28 july 2011 and not a PUT, but now i've a put under my contracts instead of the call, could you please have a look? thanks:)
hero member
Activity: 518
Merit: 500
June 23, 2011, 06:32:53 PM
#32
Was just about to say the same thing Damien.

My guess is he perhaps wants to wait until Mt. Gox come back online, although being able to trade options now would be a good hedge against what price btc will be at when Mt. Gox comes back online.
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