Bitparking PPCoin Exchange [closing]

manface

full member

Activity: 126

Merit: 100

Quote from: crazy_rabbit on April 09, 2013, 04:40:45 AM

If you're leaving, why not open source the trading and leave us the code? I understand your reasons for getting out, but the market still needs the diversity in exchanges that you brought. I hope you will consider it!

Is he leaving all altcoins or just some of them? Doesn't make sense to open source it if he is going to still run the namecoin exchange. It's also in a weird language he said so I doubt it's very applicable to most people.

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Quote from: crazy_rabbit on April 09, 2013, 04:40:45 AM

If you're leaving, why not open source the trading and leave us the code? I understand your reasons for getting out, but the market still needs the diversity in exchanges that you brought. I hope you will consider it!

+5

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

If you're leaving, why not open source the trading and leave us the code? I understand your reasons for getting out, but the market still needs the diversity in exchanges that you brought. I hope you will consider it!

maka

newbie

Activity: 54

Merit: 0

Thanks doublec. Love your website. You did great job.

Trading

legendary

Activity: 1455

Merit: 1033

Nothing like healthy scepticism and hard evidence

I fully understand the reasons. But an improvement of security could be an alternative to shutdown the exchanges. Like demanding a code sent to the email to be entered for withdrawing (like bitcoin-24.com).
Well, if the decision is final, I hope you can sell the exchanges to someone trustworthy. I spent large amounts of bitcoins at your exchanges and I'll miss them.

sangaman

sr. member

Activity: 342

Merit: 250

Just as a reminder doublec I'd be happy to buy the services you're shutting down and take them over (or see someone else do the same) if that's something you'd consider. Or just support the exchanges and work with you. I definitely don't want to see them go away!

I sent you a PM as well, if you're not interested then kindly let me know and RIP bitparking exchanges!

magnificat_mafia

newbie

Activity: 36

Merit: 0

What pools are good now? I'm having trouble with coinotron. Is it worth solo mining at 700 MH?

Vitalicus

full member

Activity: 467

Merit: 100

DIA | Data infrastructure for DeFi

PPC need other exchangers. URGENT !
Not only http://vircurex and http://exchange.zapto.org

Sunny King

legendary

Activity: 1205

Merit: 1010

Quote from: doublec on April 05, 2013, 05:41:36 PM

I'll keep the exchange operating for a couple of extra days to give Vircurex a chance to get back up. Once I close the trading engine I'll keep it up for withdrawals for a while then process the emergency withdrawal address. After that I'll have some simple interface for withdrawals operating until the exchange is empty. Worse case people can email [email protected] if they can't reach the site and I'll sort it out.

Thanks a lot for being so considerate and helpful

doublec

legendary

Activity: 1078

Merit: 1005

Quote from: TsuyokuNaritai on April 05, 2013, 05:35:57 PM

For how long will users be able to withdraw their coins? Bearing in mind not everyone will read about the closure on the forums or check the Bitparking site, and even if they did not everyone has offline wallets, not everyone will know without logging in what their addresses are on Vircurex (which may be closed till next week), and I don't think there's a way to add a emergency withdrawal address after you have first set up the account so many people will not have been able to do so.

I'll keep the exchange operating for a couple of extra days to give Vircurex a chance to get back up. Once I close the trading engine I'll keep it up for withdrawals for a while then process the emergency withdrawal address. After that I'll have some simple interface for withdrawals operating until the exchange is empty. Worse case people can email [email protected] if they can't reach the site and I'll sort it out.

mr_random

legendary

Activity: 1344

Merit: 1001

Thanks for everything. I bought a lottt of coins from you Wink

Btw please allow withdrawals for as long as possible, I had some btc laying around on there with no emergency address and I would have been sad if I didn't check this forum until monday and I had lost 'em!

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Sad to see the end of this. PPC will miss you! Cry

For how long will users be able to withdraw their coins? Bearing in mind not everyone will read about the closure on the forums or check the Bitparking site, and even if they did not everyone has offline wallets, not everyone will know without logging in what their addresses are on Vircurex (which may be closed till next week), and I don't think there's a way to add a emergency withdrawal address after you have first set up the account so many people will not have been able to do so.

bitcoinism

newbie

Activity: 15

Merit: 0

Sad to see the bitparking exchanges go, but very understandable. Best of luck doublec, anyone wanting to get into the exchange game would be smart to hire you.

doublec

legendary

Activity: 1078

Merit: 1005

Quote from: meebs on April 05, 2013, 05:09:22 PM

Not only that.. if what used to be a couple hundred bucks of day worth of coins now becomes THOUSANDS... he doesnt want to take that risk and be "the next guy who had some sucky exchange that got hacked and lost people money"

Exactly. It's gone from being able to cover something going wrong out of pocket to serious money that users financial stability depends on (from emails about the namecoin exchange I'm getting) very quickly. Were I to get into exchanges again I think it'd just be writing software and let someone else actually run/manage it. The software is the most interesting part for me anyway.

meebs

hero member

Activity: 616

Merit: 500

Quote from: dreamwatcher on April 05, 2013, 03:47:05 PM

I am a bit sad to see you shutdown your projects in the alt-coin world.

Your PPC exchange and pool really helped PPC in its infancy.

I can see where you are coming from. I have learned that projects of this type are much more work then most realize.

I wish you the best of luck and look forward to your future endeavors.

Not only that.. if what used to be a couple hundred bucks of day worth of coins now becomes THOUSANDS... he doesnt want to take that risk and be "the next guy who had some sucky exchange that got hacked and lost people money"

he's getting out before bad things happen, and while it is sad espescially to see the pool close, it is understandable.

DannyM

sr. member

Activity: 275

Merit: 250

https://twitter.com/Vircurex

doublec

legendary

Activity: 1078

Merit: 1005

Quote from: samson on April 05, 2013, 03:12:35 PM

Vircurex is closed for up to a few days according to the twitter post while he upgrades to a dedicated server.

He must have been running it on a VPS or even worse, shared hosting.

Do you have a link to this? If it's closed for a few days I'll keep my exchange open in the meantime until it reopens. I'd still recommend people not keep funds on the exchange though and transfer as needed.

dreamwatcher

legendary

Activity: 1064

Merit: 1000

I am a bit sad to see you shutdown your projects in the alt-coin world.

Your PPC exchange and pool really helped PPC in its infancy.

I can see where you are coming from. I have learned that projects of this type are much more work then most realize.

I wish you the best of luck and look forward to your future endeavors.

Zoiner

member

Activity: 74

Merit: 10

Quote from: ninjaboon on April 05, 2013, 11:32:22 AM

bye and all the best. there goes 2 ppc pools: bitparking and ppcpool.us.to

I don' think the pools are closing are they? I hope not they are the best!

samson

legendary

Activity: 2097

Merit: 1070

Vircurex is closed for up to a few days according to the twitter post while he upgrades to a dedicated server.

He must have been running it on a VPS or even worse, shared hosting.

Topic: Bitparking PPCoin Exchange [closing] (Read 19281 times)